OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-12-31-accounts

ECCLESHALL PAROCHIAL CHURCH COUNCIL

Registered Charity Number 1153305

HOLY TRINITY ECCLESHALL & ST. CHAD’S SLINDON

Trustees’ Annual Report

and

Financial Statements for The Ecclesiastical Parish of Eccleshall

Holy Trinity & St. Chad’s

for the Year ended 31[st ] December 2020

March 2021

Administrative Information

Holy Trinity Church is situated in Church Street, Eccleshall, whilst St Chad’s Church is located on the Newcastle Road in the settlement of Slindon. Eccleshall Ecclesiastical Parish is part of the Diocese of Lichfield within the Church of England. The correspondence address is The Vicarage, Church Street, Eccleshall, Staffordshire, ST21 6BY. The Registered Charity Number is 1153305.

PCC members who served during 2020 were:

Ex Officio Members:

Ex Officio Members:
Clergy
 Reverend Jules Walker_(Vicar)_
Reverend Stephen Habgood
(PTO Licensed to Lichfield Diocese & PCC member)
Geoff Dingle and Barbara Dodd
(PTO Readers licensed to Eccleshall Parish, who are not
PCC members)
Churchwardens Kate Griffiths
Allan Dale
Jonathan Jones
John Treanor_(Co- Vice-Chair of PCC)_
Diocesan Synod Member David Beswick
Deanery Synod Members David Beswick_(Lay Chair Deanery Synod until 31st May_
and Co- Vice-Chair of PCC)
Lorna Sant / Clare Lockett
Hazel Bradshaw
Kate Griffiths

PCC Members: Emily Howard (PCC Secretary) David Milner Olivia Baines (Appointed 15[th] October) Judith Norton Hazel Bradshaw Chris Reynolds John Bradshaw Nancy Reynolds Joseph Cheetham-Wilkinson Keith Winstanley Jonathan Jones Thomas Knowles (Resigned 15[th] October) Mary Leather David Rimmer (Resigned 15[th] October) John Leather (St Chad’s Treasurer) Joshua Walker (Resigned 15[th] October)

Page 1 of 31

Trustees' Annual Report and Accounts CHURCH OF ENGLAND PARISH OF ECCLESHALL, DIOCESE OF LICHFIELD Registered Charity Number 1153305

Holy Trinity Church, Eccleshall with St Chad’s Church, Slindon 2020 Report and Accounts for the Eccleshall Parochial Church Council

SECTION I – TRUSTEES’ ANNUAL REPORT 2020

1. Aim and Purposes

Eccleshall Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Reverend Jules Walker, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of two churches, the parish church, The Church of the Holy Trinity, The Church of St Chad, Slindon (a chapel of ease), and a Parish Room.

2. Public Benefit

The PCC is committed to enabling as many people as possible to worship in the two churches and to become part of the parish community at either, and to the pastoral care of the people of Eccleshall Parish. The churches’ acts of worship reflect Christian faith through Fellowship, Prayer, Scripture and the Sacraments.

All that has been done and planned during 2019 has been consonant with the Charity Commission's guidance on public benefit and in particular the supplementary guidance on charities for the advancement of religion. In summary we strive to enable people to live out their faith as part of our parish community through:

To promote this work the maintenance of the fabric of the two churches is vital, as is the care and maintenance of the Parish Room (situated next to Holy Trinity Church), a facility to serve all members of the parish.

Page 2 of 31

3. Structure, Governance and Management

The PCC is a corporate body established by the Church of England, and operates under the Parochial Church Council Powers Measure and the Church Representation Rules (CRR). It is a Registered Charity. The method of appointment of PCC members is set out in the CRR. Membership of the PCC and the PCC members in 2020 are detailed on Page 1 of the report. The membership includes 19 members elected by those members of the congregation who are on the Church Electoral Roll of the Eccleshall Parish (three of whom being members of the St Chad’s congregation). All members of the congregation are encouraged to register on the Church Electoral Roll and are welcome to stand for election to the PCC.

The PCC is responsible for making decisions on all matters of general concern and importance to the ecclesiastical parish, including deciding on how the funds of the PCC are to be spent. The PCC met seven times during the year. Given its wide responsibilities the PCC has a number of committees, each dealing with a particular aspect of parish life: St Chad’s congregation; mission and pastoral care; worship and social; parish room; fabric; magazine; and finance. These committees are all responsible to the PCC and report back to it regularly with minutes of their recommendations being received by the full PCC and discussed as necessary.

4. Activities and Achievements - Holy Trinity Church Eccleshall

Owing to the COVID-19 pandemic and following guidance from the Government and Church of England, our church was closed, intermittently, for a large part of 2020. This has complicated the usual gathering of Annual Statistics. ‘Lockdown’ meant there were no services on Easter Day. We were open and able to accommodate 39 for communion on Christmas Day. Personal and family services included 1 baptism. Sadly, those couples who were looking forward to celebrating marriage had the difficult decision of whether to cancel or postpone until 2021. A restricted wedding did take place in September. There were 14 parish funerals held either at the graveside, in church or at Stafford Crematorium.

2020 began well. Weddings and Baptisms were planned, and we were looking forward to a busy year. Our children and family focused activities continued: Kid’s Church giving young people the opportunity to gather for specific, child centred activities during morning service and our Christian Playgroup, Trinity Tots, with growing numbers attending. We were also planning for ‘Messy Church’ events, bringing families together to celebrate and worship in a fun afternoon of activities centred around the major Christian Festivals.

Special services and events began in January with little thought of what the year was to bring. Work began on the installation of a new Audio-Visual System which was to prove invaluable, as the year progressed. We shared a Service for Christian Unity at Sacred Heart Roman Catholic Church. Our Vicar, Revd Jules, began a period of compassionate leave and we were grateful to the Revd Stephen Habgood for his assistance in covering services and

Page 3 of 31

support received from Revd James Graham who led 8.00am Communion. Inclement weather meant that the children from Bishop Lonsdale Academy were unable to come to church for their Ash Wednesday Worship. However, Revd Stephen was able to get to the school to be with the children and lead a service including the Imposition of Ashes, as planned. In March, Archdeacon Matthew Parker led Holy Communion on the first Sunday of Lent and an afterschool Lent Course, ‘Why does Easter Matter?’, began, led by Ellie Cheetham-Wilkinson. Our lay Reader Barbara Dodd organised a moving Taize evening – a candlelit service of meditation and prayer. The choir enjoyed learning new Taize chants which were included in the programme. We were invited to join in the Women’s World Day of prayer at Sacred Heart, this year praying for the people of Zimbabwe. Bishop Lonsdale Children from Year 3 came for a visit to learn about the Bishops who are buried at Eccleshall and about general records that are kept, such as registers of births, marriages, and deaths.

Nationally, the COVID 19 situation was worsening and on 10[th] March a letter from the Archbishops gave instruction to offer communion in one kind only and to refrain from any handshaking or direct physical contact as part of a blessing or laying on of hands. Our service on 15[th] March, a delightful and happy Holy Baptism, proved to be our final gathering for some time. On 24[th] March church buildings were closed not only for public worship but also private prayer. We also had to suspend all activities and close the Parish Room with immediate effect. Sadly, this meant Trinity Tots could no longer meet. Thankfully, volunteers were able to safely distribute Mothering Sunday plants and Palm Crosses and we began e-mailing weekly Information and Service sheets which continued and developed through the year. These were much appreciated by a growing number of recipients.

In April we held the first of our graveside funerals. This form of service was to last until June when we re-opened the church for funerals under strict health and safety guidelines and with close family members only attending. A movement known as ‘Clap for Carers’ began at 8pm on Thursday evenings during April and May. After a week or two people asked if church bells could be rung and one of our ringers was given permission to chime/ring a bell for five minutes each week until the end of May.

In late July we were delighted hold our first on-line service, using ‘Zoom’, with over 50 people attending. These on-line services continued over the summer. Also, in July we said goodbye to our Children and Families Worker Amy Walker, whose contract had come to an end. Her enthusiasm and quality of leadership meant she had encouraged a growing number of families to take part in in Trinity Tots and Messy Church and developed an enthusiastic team of regular volunteer helpers. Amy will be greatly missed by adults and children alike.

Page 4 of 31

In September church doors opened again for said services of Holy Communion. There were restrictions on numbers and strict health and safety guidelines, but it was good to be back worshiping in our historic building. Bell ringing for these services resumed, restricted by social distancing rules to just four experienced ringers for fifteen minutes. A Wi-Fi link was established in church in October. This offers a variety of opportunities for live-streaming worship and other events. We are developing a team of audio-visual ‘technicians’ to support and develop activities in this area. A partial ‘lockdown’ again in early November meant that instead of our annual All Souls’ Service, we offered ’A Time to Remember’, opening the church for private prayer and affording visitors the opportunity to reflect and pray for loved ones in a quiet space. Nationally, Remembrance Sunday services were severely restricted. A private service with prayers said by Revd. Jules was held at our War Memorial and the public encouraged to partake in a doorstep remembrance at 11.00am. A single, half-muffled bell was rung.

Church doors opened again early in December. As well as celebrating communion on Christmas Day, as part of the Church of England’s ‘Comfort and Joy’ initiative, we were delighted to open Holy Trinity for private prayer on 20th and 27th December. The church looked beautiful. Although we had not been able to organise our Christmas Tree Festival, we were able to display four trees each with a different theme – Comfort, Joy, Christingle, and Nativity, with interactive activities. Christmas 2020 brought joy and celebration after a uniquely difficult year with an acknowledgement that, for those who had lost loved ones or livelihoods, or who were potentially still not able to be together with loved ones – the Church’s role, both nationally and locally, was to provide comfort and consolation, rather than assume everyone would be ready to join in jubilation. We added some joy too, hopefully!

Although not able to fulfil their planned schedule of arrangements to decorate church, following lockdown, some members of the Flower Guild were able to provide displays to celebrate the festivals that took place later in the year- Harvest, Remembrance Sunday, and Christmas.

As part of our Mission and Outreach we continued to collect and deliver donations of food and toiletries to Sanctus St. Marks, a Charity in Stoke -on -Trent working with Asylum Seekers and Refugees. There was little or no opportunity for fundraising events during the year. However, in December, a Grand Raffle was organised with help from the Trinity Magazine Team, who delivered tickets with the magazine. People were very generous with their support and a magnificent sum was raised.

Page 5 of 31

5. Activities and Achievements - St Chad’s Church, Slindon

During this extraordinary “Year of the Pandemic”, we only managed to have 14 Sunday services at St Chad’s (it would have been 15, but a February service was cancelled due to snow). Of our “specials”, we held Candlemas Evensong on February 2[nd] , a St Chad’s Day service on March 1[st] , this led by Archdeacon Matthew Parker in Rev Jules’s absence and Harvest on October 18[th] (Covid compliant with restricted numbers).

So, there was no Mothering Sunday service in March, no Rogation service in May and, more importantly, no Easter services. We did, however, have a highlight on Friday August 28[th] when Bishop Michael of Lichfield called at St Chad’s as part of his pilgrimage to the 27 churches in the Diocese who share our patron saint. A short service was held, our first for 23 weeks. Sunday services recommenced on September 20[th] and repeated monthly until the end of the year, although numbers attending were reduced in line with covid-compliant regulations.

During lockdown and tier 4 restrictions, regular telephone contact was made with church members. When zoom services were started in early August service sheets and notices were circulated weekly by email, regular news of Slindon parishioners were included with these.

No fund-raising events could be held during the year but in late autumn a wonderful, shared effort was held in the form of two leaf-clearing parties. A large farm trailer was filled with leaves and fallen branches and the churchyard looked very tidy which augmented the new oak fencing on each side of the churchyard gate, installed earlier in the year.

On December 15[th] we celebrated the life of much-loved parishioner Freda Glover, who died in her 102[nd] year. Freda had worshipped at St Chad’s for over 70 years, latterly brought to Church by her daughters Marg and Sue.

Later in the month, 6 parishioners, suitably distanced and standing in line outside, brought Christmas cheer in the form of carols to 8 households who had hitherto been shielding, or at least, very restricted socially.

6. Ecumenical Activities

Holy Trinity and St Chad’s are members of Eccleshall Churches Together and under normal circumstances would participate in several acts of Christian Unity within the Parish particularly in support of Christian Aid and other charities. Regrettably, the activities have been significantly restricted during the year but will recommence once the covid restrictions are lifted.

Page 6 of 31

7. Safeguarding & Reporting Serious Incidents

The Trustees believe that they have fulfilled their duty under Section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults).

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 works, loss of the charity’s money or assets, damage to the charity’s property, or harm to the charity’s work or reputation.

The Trustees are not aware of any serious incidents in the last year.

8. Risk Management

The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potential hazards. The Trustees have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Parish insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impact the work of the Church in the Parish is ongoing.

9. Financial Review

The PCC continued to manage the church finances against a background of falling church income and rising costs compounded during 2020 by the impact of the coronavirus restrictions. The shortfall on the General Fund of Holy Trinity was offset by transfers from Designated Funds and the Parish Trust Funds. A full Financial Review and details of the Accounts are included in Section II of the Trustees’ Report.

10. Reserves Policy

The Reserves and Investment Policy has been established consistent with the charitable purposes of the Parochial Church Council of the Ecclesiastical Parish of Eccleshall (Registered Charity Number 1153305) and the terms of the Trust Deeds of the Parish Endowment Trust Funds. The primary objective is to secure the long-term future of the Christian churches in Eccleshall Parish (Holy Trinity and St Chads) with particular emphasis on mission and educational development within the parish. The application of the policy will be reflected in the responsible stewardship of the original capital within the funds and the application of the income to specific projects consistent with the terms of the relevant Trust

Page 7 of 31

deeds. The short-term funding of the regular expenditure of the churches will be met primarily from regular giving and other income sources with the objective of holding a working capital balance on the Church General Fund equivalent to three months expenditure. In the event of a deficit in short term funding, it may be necessary to apply for an annual exceptional drawdown from the investment funds in order to maintain financial stability within the unrestricted Church General Fund. The short-term funds will be held in approved UK bank accounts. The long-term funds will be held in CCLA and other approved investment funds on terms established by Eccleshall PCC acting as administrative trustee in conjunction with the Lichfield Diocesan Board of Finance acting as custodian trustee. The Reserves Policy applied to the Parish Endowment Trust Funds provides indicative limits to the amount of drawdown in any single financial year with the overall objective of the maintenance of the original capital balances on an inflation adjusted basis.

Thank You

The Church Council would like warmly to thank everyone who has contributed to the thriving life of Holy Trinity Eccleshall and St Chad’s Slindon in any way.

The Trustees’ Annual Report and Accounts were approved by the Eccleshall Parochial Church Council on 25[th] March 2021 and signed on their behalf by Rev Jules Walker and David Beswick (PCC Co-Vice Chair):

Rev Jules Walker David Beswick

Page 8 of 31

SECTION II – ANNUAL FINANCIAL STATEMENTS 31[st] December 2020

Holy Trinity Church Eccleshall Treasurer ( To be Appointed) Independent Examiner Jonathan Hill (Lichfield DBF) St Chad’s Church Slindon Treasurer John Leather Independent Examiner Tony Cahalin Eccleshall Parish Trust Funds Treasurer ( To be Appointed) Independent Examiner Jonathan Hill (Lichfield DBF)

Bank

NatWest Bank Stafford Greengate (A) Branch 41 Greengate Street Stafford ST16 2JA

NOTE: The attached Financial Statements contain the Statements of Financial Affairs and supplementary financial schedules for Holy Trinity Church Eccleshall, St Chads Church Slindon, and the Eccleshall Parish Trust Funds. There may be minor discrepancies in the totals which have been rounded to the nearest pound and the pence are not being shown in the financial details.

Page 9 of 31

Financial Review for the Year to 31[st] December 2020

The accounts have been prepared under the financial reporting and governance requirements for parishes and registered charities SORP (FRS102). Unrestricted, Designated, and Restricted Funds are held by Eccleshall PCC on behalf of Holy Trinity Church, Eccleshall, and St Chad’s Church, Slindon. The PCC also acts as Administrative Trustee in conjunction with Lichfield Diocesan Board of Finance (DBF) as Custodian Trustee in the administration of the Parish Endowment Trust Funds which are held independently from the PCC Funds and are managed within the specific terms of the respective Trust Deeds.

The Total Funds of Holy Trinity Eccleshall PCC (excluding the Parish Trust Funds) are held in individual funds which are categorised as Unrestricted, Designated, and Restricted Funds with the shortfall of receipts over payments in the Unrestricted Church General Fund offset during the year by specific donations and transfers from other Designated and Restricted Funds. The allocation of Eccleshall PCC Funds and Parish Trust Funds as at the end of 2020 is summarised as follows:

Holy Trinity Eccleshall Allocation of Funds– December 2020
2020
2019
£
£
Church General Account (Unrestricted)
20849
34263
Parish Room Fund
763
1198
Special Projects Fund
15098
40163
Designated Funds (Unrestricted)
15861
41361
Conservation Fund / War Memorial Fund
57001
52536
Organ Fund
1230
1225
IDS Fund – Lichfield DBF
1412
1100
Reserved Funds(Restricted)
59643
54860
Total Funds of Holy Trinity PCC
96353
130484
St Chad’s Slindon Allocation of Funds– December 2020
2020
2019
£
£
Unrestricted Funds
48210
69695
Designated Funds
141596
122548
Restricted Funds
3346
3594
Total Funds of St Chad’s Slindon
193152
195837
Eccleshall Parish Trust Funds– December 2020
2020
2019
£
£
Trust Fund TN520 – The Eyeswell Trust
166758
151452
Trust Fund TN710 – The Shaw’s Lane Trust
2000015
1900218
Total Eccleshall Parish Trust Funds
2166773
2051670
TOTAL ECCLESHALL PCC & PARISH TRUST FUNDS
2456278
2377991

Page 10 of 31

1. Holy Trinity Church Eccleshall - General Fund (Unrestricted)

The Unrestricted Church General Fund includes the regular costs and expenses of Holy Trinity Church in Eccleshall. The PCC continued to manage the church finances during the year against a background of falling church income and rising costs compounded by the impact of the restrictions arising from the coronavirus pandemic. The fund showed a shortfall of income over expenditure of £88295 for the year. The closing balance on the General Fund at the end of the year was £20849 after making net transfers of £74881 from Designated Funds and Parish Trust Fund TN710. In the absence of any increase in planned giving and voluntary contributions it is projected that further support from other funds will be required in future years.

Holy Trinity Church General Fund (Unrestricted)
2020
2019
£
£
Total Income
51445
86483
Total Expenditure
(87493)
(112671)
AV & Reordering Project
(52247)
0
Net Shortfall for the Year
(88295)
(26188)
Opening Balance at 1stJanuary 2020
34263
16006
Net Transfers from other Funds
74881
44444
Closing Balance at 31st December 2020
20849
34263

Page 11 of 31

2. Holy Trinity Church – Designated Funds

The Church Accounts follow a standard categorisation of Designated and Restricted Funds based on the principle that income received by the PCC will only be restricted if it has been given for a specific purpose. Where the PCC decides after receipt to designate funds for a specific purpose, those funds remain unrestricted for accounting purposes. The following funds are Designated Funds:

Page 12 of 31

2.1 Parish Room Fund (Designated)

Parish Room Fund (Designated)
2020
2019
£
£
Total Income
2281
6902
Total Expenditure
(2716)
(4925)
Parish Room Refurbishment Project
0
(5465)
Net Surplus / (Shortfall) for the Year
(435)
(3487)
Opening Balance 1stJanuary 2020
1198
4686
Transfer (to) / from Church General Fund
0
0
Closing Balance 31st December 2020
763
1198

2.2. Special Projects Fund (Designated)

Special Projects Fund (Designated)
2020
2019
£
£
Opening Balance 1stJanuary 2020
40163
10767
Legacy Received / Interest
66
1090
Net Transfer (to)/from Church General Fund
0
1175
Transfer from HT Conservation Fund – Bishops Path
0
2000
Transfer from Trust Fund TN710 – AV Project
0
40000
Transfer to General Fund – AV Project
(25131)
(14869)
Closing Balance 31st December 2020
15098
40163

3. Holy Trinity Church – Restricted Funds

Restricted Funds represent funds which have been donated for a specific purpose including grants, public appeals, and donations. The PCC will be in breach of trust if restricted income is used other than for the specific purpose. The following funds are held as Restricted Funds:

Page 13 of 31

3.1 Organ Restoration Fund (Restricted)

Organ Restoration Fund (Restricted)
2020
2019
£
£
Opening Balance at 1stJanuary 2020
1224
1216
Donations / Gift Aid Tax Recovered / Interest
5
9
Closing Balance at 31st December 2020
1229
1225

3.2 Holy Trinity Conservation Fund / War Memorial Fund (Restricted)

2020 2019
£ £
Opening Balance 1st January 2020 52536 17835
Donations / Gift Aid Tax Recovered / Interest 2465 3017
Legacy Received 2000 33684
Transfer to Church Special Projects / General Fund 0 (2000)
Closing Balance 31st December 2020 57001 52536
Holy Trinity Church Conservation Fund (Restricted) 54823 50361
War Memorial Fund (Restricted) 2178 2175
Closing Balance 31st December 2020 57001 52536

Page 14 of 31

3.3 IDS Fund – Lichfield DBF (Restricted)

IDS Fund– Lichfield DBF (Restricted) 2020 2019
£ £
Opening Balance as at 1stJanuary 2020 1100 788
PCC Contribution (2020) 250 250
DBF IDS Contribution Uplift 2019 (25%) 62 62
Closing Balance as at 31st December 2020 1412 1100

4. Funds of St Chad’s Slindon

St Chad’s Income & Expenditure 2020 2019
£ £
Income 18774 27876
Expenditure (15074) (14465)
Net Surplus / (Deficit) for the Year 3700 13411
St Chad’s Slindon Allocation of Funds 2020 2019
£ £
Unrestricted Funds 48210 69695
Designated Funds 141596 122548
Restricted Funds 3346 3594
Total Funds of St Chad’s Slindon 193152 195837

Page 15 of 31

5. Eccleshall Parish Endowment Trust Funds (Restricted)

The Parish Trust Funds are managed by the PCC acting as Administrative Trustee in conjunction with the Lichfield Diocesan Board of Finance who act as Custodian Trustee and provide advice on investment strategy acting in accordance with the terms of the respective Trust Deeds. The Reserves Policy applied to the Trust Funds is based on the principle of holding adequate reserves to secure and maintain the long-term future of both churches within Eccleshall Parish with indicative limits to the amount of drawdown in any single financial year and the overall objective of the maintenance of the original capital balances on an inflation adjusted basis. The Trustees are advised of the balances on the relevant investment and deposit accounts which are subject to the Lichfield DBF audit. Individual transactions within the fund balances are managed by Lichfield DBF.

5.1 Parish Trust Fund TN520 - The Eyeswell Trust

Parish Trust Fund TN520– The Eyeswell Trust
Capital Fund
Income Fund
Total Trust Fund
£
£
£
Opening Balance 1stJanuary 2020
62905
88547
151452
Dividends Re-invested
0
4595
4595
Gain / (Loss) on Valuation
4344
6367
10710
Trust Fund TN520 Balance 31st December 2020
67249
99509
166758

Page 16 of 31

5.2 Parish Trust Fund TN710 – The Shaw’s Lane Trust

Parish Trust Fund TN710– The Shaw’s Lane Trust
Deposit
Accounts
Investment
Accounts
Total TN710
Trust Fund
£
£
£
Opening Balance 1st January 2020
151127
1749091
1900218
Transfer to Church General Fund
(50000)
0
(50000)
Investment Income
35583
15279
50862
Interest
624
0
624
Withdrawals
(10000)
0
(10000)
Gain / (Loss) on Valuation
0
108311
108311
Parish Trust Fund Balance 31st December 2020
127334
1872681
2000015
Funds are summarised as follows:
2020 2019
£ £
CCLA Deposit Account 127334 151127
CCLA Investment Fund 983849 920300
CCLA Global Equity Fund 294106 247028
Cannacord Genuity Investment Fund 594816 581763
Parish Trust Fund TN710 – The Shaw’s Lane Trust 2000015 1900218

Page 17 of 31

ECCLESHALL PAROCHIAL CHURCH COUNCIL (Holy Trinity Eccleshall & St Chad's Slindon) Financial Statements for the Year Ended 31st December 2020 Statement of Financial Activities

Incoming Resources
Income and Endowments from:
Donations and Legacies
Activities for Generating Funds
Income from Investments
Church Activities
Other		 Unrestricted
Funds		 Designated
Funds
Restricted
Funds		 Endowment
Trust Funds		 Total
Funds 2020

Total
Funds 2019
£
52,105
2,756
4,779
9,894
162		 £
2,555
-
66
-
-		 £
4,182
-
600
-
-		 £
-
-
56,083
-
-		 £
58,842
2,756
61,528
9,894
162		 £
115,237
11,021
67,098
26,234
928
Total 69,696 2,621 4,782 56,083 133,182 220,517
Resources Expended
Expenditure on:
Raising Funds
Church Activities
Other		 40
154,525
161		 -
2,716
-		 -
248
-		 -
10,000
-		 40
167,489
161		 1,611
148,203
-
Total 154,726 2,716 248 10,000 167,691 149,814
Net Income/(Expenditure) before
Investmentgains/(losses)		 (85,031) (95) 4,534 46,083 (34,509) 70,703
Net gain/(losses) on iInvestments - (6,225) - 119,021 112,797 313,421
Net Income/(Expenditure) (85,031) (6,320) 4,534 165,104 78,288 384,124
Transfer between Funds 50,131 (131) - (50,000) - -
Net Movement in Funds (34,900) (6,451) 4,534 115,104 78,288 384,124
Total Funds brought forward 103,958 163,908 58,455 2,051,670 2,377,991 1,993,868
Total Funds carried forward 69,058 157,457 62,989 2,166,774 2,456,279 2,377,991

Page 18 of 31

ECCLESHALL PAROCHIAL CHURCH COUNCIL (Holy Trinity Eccleshall & St Chad's Slindon) Financial Statements for the Year Ended 31st December 2020 Balance Sheet

Fixed Assets
Tangible Assets
Investment Assets
Total Fixed Assets
Current Assets
Current Investments
Debtors and prepayments
Cash at bank and in hand
Total Current Assets
Current Liabilities - due within 1 year
Creditors and accruals
Diocesan Payroll Agency
Total Current Liabilities
Net Current Assets/(Liabilities)
Liabilities due after one year
Creditors
Deferred Parish Share
Total Liabilites due after one year		 As at 31 Dec 2020 As at 31 Dec 2019
£
-
2,178,875		 £
-
2,021,203
2,178,875 2,021,203
-
-
287,403		 -
14,869
341,919
287,403 356,788
10,000
10,000		 -
-
277,403 356,788
-
-		 -
-
- -
Total Net Assets/(Liabilities) 2,456,278 2,377,991
Funds of the PCC As at 31 Dec 2020 As at 31 Dec 2019
Unrestricted Funds
General Fund
Designated Funds
Restricted Funds
Endowment Funds		 £
69,058
157,457
62,989
2,166,774		 £
103,958
163,908
58,455
2,051,670
Total Funds 2,456,279 2,377,991

Page 19 of 31

ECCLESHALL PAROCHIAL CHURCH COUNCIL (Holy Trinity Eccleshall & St Chad's Slindon) Financial Statements for the Year Ended 31st December 2020 Summary of Fund Movements

Reserves at 1st
January		 Incoming
Resources
Resources
Expended		 Investment
Gains/Losses
Transfers		 Reserves at 31st
December		 `
Holy Trinity
St Chads
Trust		 £
34,263
69,695		 £
69,696		 £
(154,746)		 £ £
75,131
(25,000)		 £
24,343
44,695
-
Unrestricted Funds 103,958 69,696 (154,726) - 50,131 69,058
Designated Funds
HT Parish Room
HT Special Projects
St Chad - Slindon Fund		 1,198
40,163
122,547		 2,281
66
274		 (2,716)
-
-		 -
-
(6,225)		 -
(25,131)
25,000		 763
15,098
141,596
163,908 2,621 (2,716) (6,225) (131) 157,457
Restricted Funds
HT Organ Fund
HT Conservation / WM Fund
HT IDS Account
St Chad School Fund		 1,225
52,536
1,100
3,594		 5
4,465
312
-		 -
-
-
(248)		 -
-
-
-		 -
-
-
-		 1,230
57,001
1,412
3,346
58,455 4,782 (248) - - 62,989
Parish Trust Funds
Eyeswell Trust (TN520)
Shaws Lane Trust(TN710)		 151,452
1,900,218		 4,596
51,487		 -
(10,000)		 10,710
108,311		 -
(50,000)		 166,758
2,000,016
2,051,670 56,083 (10,000) 119,021 (50,000) 2,166,774
Total Funds 2,377,991 133,182 (167,691) 112,797 - 2,456,279

Page 20 of 31

Holy Trinity Church Eccleshall

Statement of Financial Activities

For the period from 01 January 2020 to 31 December 2020

Unrestricted Designated Restricted Endowment Total Prior year
funds funds funds funds funds total funds
Income and endowments from:
Donations and legacies 40,781 190 4,400 — 45,371 96,410
Income from charitable activities 5,271 — — — 5,271 14,580
Other trading activities 5,047 1,991 — — 7,038 20,448
Investments 0 66 70 56,082 56,219 60,606
Other income 345 99 62 — 507 594
Total income 51,445 2,346 4,532 56,082 114,407 192,640
Expenditure on:
Raising funds 1,373 — — — 1,373 4,232
Expenditure on charitable activities 63,690 — — 10,000 73,690 80,141
Other expenditure 74,676 2,716 — — 77,392 50,975
Total expenditure 139,740 2,716 — 10,000 152,456 135,348
Net income / (expenditure) resources before transfer (88,294) (369) 4,532 46,082 (38,049) 57,291
Transfers
Gross transfers between funds - in 75,130 — 250 — 75,380 87,294
Gross transfers between funds - out (250) (25,130) — (50,000) (75,380) (87,294)
Other recognised gains / losses
Gains / losses on investment assets — — — 119,021 119,021 301,825
Net movement in funds (13,414) (25,500) 4,782 115,104 80,972 359,117
Reconciliation of funds
Total funds brought forward 34,262 41,361 54,860 2,051,669 2,182,154 1,823,036
Total funds carried forward 20,848 15,860 59,643 2,166,773 2,263,126 2,182,154

There may be minor discrepancies in the totals if the pence are not being shown

12 March 2021 Page 1

Page 21 of 31

ST CHADS SLINDON

STATEMENT OF FINANCIAL AFFAIRS - Year to 31st December 2020

Receipts and Payments - Year to 31st December 2020 2020 2019
Receipts
Planned Giving
Collections and Other Giving
Other Voluntary Receipts
Gift Aid Recovered
Other Receipts
Activities for Generating Funds
Investment Income
Receipts from Church Activities		 £
8229
1581
0
2388
319
0
5308
340		 £
8832
2117
1000
6532
678
1493
6491
733
Total Receipts 18165 27876
Payments
Missionary and Charitable Giving
Parish Share
Clergy and Staffing Costs
Church Running Expenses
Church Repairs and Maintenance		 400
10231
0
2502
1941		 627
9982
990
2555
311
Total Payments 15074 14465
Net Surplus of Receipts over Payments
Gains/Losses on Investment Assets		 3091
-5776		 13411
11595
Net Movement in Funds -2685 25006
Balance Sheet Summary as at 31st December 2020
Current Account
Deposit Account - CCLA
Investment Account - Eden Tree Amity		 £
48211
5506
139435		 £
69695
5482
120660
Net Assets 193152 195837
Represented by Funds:
Unrestricted
Designated
Restricted		 48210
141596
3346		 69695
122548
3594
Total Funds 193152 195837

There may be minor discrepancies in the totals if the pence are not being shown

Page 22 of 31

Holy Trinity Church Eccleshall

Balance sheet (Summary) As at: 31 December 2020

£
As at 31/12/2020		 £
As at 31/12/2019
Current assets
Debtors
Investments
Cash at bank and in hand
Net current assets less current liabilities
Total assets less current liabilities
Total net assets less liabilities
Represented by
Unrestricted
Unrestricted - General fund
Designated
Designated - Parish Room Fund
Designated - Special Projects Fund
Restricted
Restricted - Organ Fund
Restricted - Holy Trinity Conservation Fund
Restricted - IDS Fund - Lichfield DBF
Endowment
Endowment - Trust Fund TN520 - Capital
Endowment - Trust Fund TN520 - Income
Endowment - Trust Fund TN710
Funds of the church		 —
2,166,773
96,352
2,263,126
2,263,126
2,263,126
2,263,126
20,848
762
15,098
1,230
57,000
1,412
67,249
99,509
2,000,015
2,263,126		 14,869
2,051,669
115,615
2,182,154
2,182,154
2,182,154
2,182,154
34,262
1,198
40,162
1,224
52,535
1,100
62,905
88,546
1,900,217
2,182,154

There may be minor discrepancies in the totals if the pence are not being shown

Page 23 of 31

12 March 2021

Page 1

Holy Trinity Church Eccleshall

Balance Sheet detailed

31/12/2020
31/12/2019
As at
As at
Current assets
20,698
6501: General Fund - Current Account
19,243
762
6502: Parish Room - Current Account
1,198
2,186
6503: Designated Fund - Current Account
27,305
41,660
6504: Conservation Fund - Current Account
37,260
150
6511: General Fund - CBF Account
149
12,911
6512: Designated Fund - CBF Account
12,857
1,230
6514: Organ Fund - CBF Account
1,224
15,340
6515: Conservation Fund - CBF Account
15,275
1,412
6516: Restricted IDS Fund - LDBF Account
1,100
67,249
6517: Trust Fund TN520 - Capital
62,905
99,509
6518: Trust Fund TN520 - Income
88,546
127,334
6519: Trust Fund TN710 - Deposit Account
151,126
983,849
6520: Trust Fund TN710 - CCLA Investment I
920,300
294,015
6521: Trust Fund TN710 - CCLA Investment II
247,027
594,816
6522: Trust Fund TN710 - CG Investment
581,763
—
Z05: Accounts Receivable
14,869
2,263,126
Total Current assets
2,182,154
2,263,126
Net Asset surplus (deficit)
2,182,154
Reserves
(38,049)
Excess / (deficit) to date
57,291
2,182,154
Z01: Starting balances
1,823,036
119,021
Z02: Gains/(losses) on investment assets
301,825
2,263,126
Total Reserves
2,182,154
20,848
Unrestricted
34,262
15,860
Designated
41,361
59,643
Restricted
54,860
2,166,773
Endowment
2,051,669
Represented by Funds
2,263,126
2,182,154
Total

There may be minor discrepancies in the totals if the pence are not being shown

~~Page 24 of 31~~

12 March 2021

Page 1

Holy Trinity Church Eccleshall Receipts and payments Selected period: 01 January 2020 to 31 December 2020

From 01 January 2020 01 January 2019
Note To 31 December 2020 31 December 2019
General - General fund (Unrestricted) Fund
Income and endowments
Donations and legacies
Gift Aid - Bankers Orders 21,514 22,330
Gift Aid - Envelopes 2,896 6,753
Other Planned Giving 5,552 5,550
Cash Collections - Services 736 5,991
Envelopes - non Gift Aid 73 457
Sundry Gifts - Gift Aid 500 —
Donations - General 1,087 1,613
Donations - Wall Safe 9 231
Donations - Funerals 806 455
Donations - Specific 543 1,503
Gift Aid - Tax Recovered 7,062 11,597
Total Donations and legacies 40,781 56,483
Income from charitable activities
Fees - Weddings 233 3,858
Fees - Funerals 5,038 10,722
Total Income from charitable activities 5,271 14,580
Other trading activities
Special Events - Fund Raising 2,756 9,528
Trinity Magazine - Advertising 195 3,095
Trinity Magazine - Sales 2,096 2,262
Total Other trading activities 5,047 14,886
Investments
Bank Interest 0 1
Total Investments 0 1
Other income
Grants - Recurring 345 345
Other Income — 187
Total Other income 345 532
Total income and endowments 51,445 86,483
Expenditure
Raising funds
Costs of Special Events 40 1,611
Trinity Magazine - Printing 1,333 2,621
Total Raising funds 1,373 4,232
Expenditure on charitable activities
Giving - Charitable Donations 690 1,261
Ministry Parish Share 58,933 57,848
Incumbent Expenses 268 947
Youth Worker Expenses — 125
Clergy Fees 599 284
Altar Requisites 140 283
Organist / Choir 1,130 4,508
Church Services - Sundry 1,452 1,975
Training / Education / Mission 477 619
Total Expenditure on charitable activities 63,690 67,852

There may be minor discrepancies in the totals if the pence are not being shown

12 March 2021 Page 1

Page 25 of 31

From 01 January 2020 01 January 2019 To 31 December 2020 31 December 2019

Note

31 De
To
Note		 cember 2020
31		 December 2019
Other expenditure
Administrator Expenses 125 1,476
Telephone 1,046 924
Stationery / Printing / Books 745 483
Subscriptions / Gifts 121 666
Computing / IT 397 177
Photocopier 1,643 1,731
Organ Servicing 757 684
Bank Charges 100 100
Professional Charges 10,815 4,904
Church - Electricity 3,462 3,639
Church - Heating Oil 2,027 4,086
Church - Maintenance 422 2,086
Church - Cleaning 1,542 586
Church - Security 1,047 760
Church - Insurance 4,562 4,439
Church - Equipment / Fittings 422 6,436
Church - AV Project 41,432 —
Churchyard Maintenance 3,434 3,438
Churchyard - Major Repairs — 2,253
Vicarage - Maintenance 569 1,710
Total Other expenditure 74,676 40,585
Total expenditure 139,740 112,670
Excess of Income and endowments over Expenditure (88,294) (26,187)
Brought forward balance 34,262 16,006
Transfers to/(from) 74,880 44,444
Total carried forward balance 20,848 34,262
Room - Parish Room Fund (Designated) Fund
Income and endowments
Donations and legacies
Donations - General 190 640
Donations - Specific — 700
Total Donations and legacies 190 1,340
Other trading activities
Parish Room - Rental Income 1,991 5,562
Total Other trading activities 1,991 5,562
Other income
Other Income 99 —
Total Other income 99 —
Total income and endowments 2,280 6,902
Expenditure
Other expenditure
Stationery / Printing / Books 10 71
Parish Room - Electricity 773 1,160
Parish Room - Insurance 718 703
Parish Room - Maintenance 14 1,445
Parish Room - Water 183 429
Parish Room - Cleaning 1,005 923
Room - Equipment / Fittings 11 189
Room - Repairs / Refurbishment — 5,465
Total Other expenditure 2,716 10,389

There may be minor discrepancies in the totals if the pence are not being shown

12 March 2021 Page 2

Page 26 of 31

From 01 January 2020 01 January 2019 To 31 December 2020 31 December 2019

Note

Total expenditure
Excess of Income and endowments over Expenditure
Brought forward balance
Total carried forward balance		 2,716
10,389
(435)
(3,487)
1,198
4,685
762
1,198

Organ - Organ Fund (Restricted) Fund

rgan Fund (Restricted) Fund
Income and endowments
Investments
Bank Interest 5 9
Total Investments 5 9
Total income and endowments 5 9
Excess of Income and endowments over Expenditure 5 9
Brought forward balance 1,224 1,215
Total carried forward balance 1,230 1,224
- Holy Trinity Conservation Fund (Restricted) Fund
Income and endowments
Donations and legacies
Gift Aid - Bankers Orders 1,920 2,220
Donations - Specific — 100
Gift Aid - Tax Recovered 480 582
Legacies 2,000 33,684
Total Donations and legacies 4,400 36,586
Investments
Bank Interest 64 113
Total Investments 64 113
Total income and endowments 4,464 36,700
Excess of Income and endowments over Expenditure 4,464 36,700
Brought forward balance 52,535 17,834
Transfers to/(from) — (2,000)
Total carried forward balance 57,000 52,535
Special Projects Fund (Designated) Fund
Income and endowments
Donations and legacies
Donations - Specific — 1,000
Legacies — 1,000
Total Donations and legacies — 2,000
Investments
Bank Interest 66 89
Total Investments 66 89
Total income and endowments 66 2,089
Excess of Income and endowments over Expenditure 66 2,089

Conserve - Holy Trinity Conservation Fund (Restricted) Fund

Projects - Special Projects Fund (Designated) Fund

There may be minor discrepancies in the totals if the pence are not being shown

12 March 2021 Page 3

Page 27 of 31

From 01 January 2020 01 January 2019 To 31 December 2020 31 December 2019

Note

3
To		 1 December 2020
31 December 2019
Brought forward balance
Transfers to/(from)
Total carried forward balance		 40,162
10,767
(25,130)
27,305
15,098
40,162

IDS-DBF - IDS Fund - Lichfield DBF (Restricted) Fund

- IDS Fund - Lichfield DBF (Restricted) Fund
Income and endowments
Other income
Other Income 62 62
Total Other income 62 62
Total income and endowments 62 62
Excess of Income and endowments over Expenditure 62 62
Brought forward balance 1,100 787
Transfers to/(from) 250 250
Total carried forward balance 1,412 1,100
p - Trust Fund TN520 - Capital (Endowment) Fund
Brought forward balance 62,905 52,984
Adjustments 4,343 9,920
Total carried forward balance 67,249 62,905

TN520Cap - Trust Fund TN520 - Capital (Endowment) Fund

TN520Inc - Trust Fund TN520 - Income (Endowment) Fund

- Trust Fund TN520 - Income (Endowment) Fund
Income and endowments
Investments
Investment Income 4,595 4,330
Total Investments 4,595 4,330
Total income and endowments 4,595 4,330
Excess of Income and endowments over Expenditure 4,595 4,330
Brought forward balance 88,546 70,744
Adjustments 6,366 13,471
Total carried forward balance 99,509 88,546

TN710 - Trust Fund TN710 (Endowment) Fund

Income and endowments
Investments
Bank Interest 623 1,632
Investment Income 50,862 54,429
Total Investments 51,486 56,062
Total income and endowments 51,486 56,062
Expenditure
Expenditure on charitable activities
Training / Education / Mission 10,000 12,288
Total Expenditure on charitable activities 10,000 12,288
Total expenditure 10,000 12,288

There may be minor discrepancies in the totals if the pence are not being shown

12 March 2021 Page 4

Page 28 of 31

31 December 2020
31 December 2019
01 January 2020
01 January 2019
From
To
Note		 31 December 2020
31 December 2019
01 January 2020
01 January 2019
From
To
Note
Excess of Income and endowments over Expenditure
Brought forward balance
Transfers to/(from)
Adjustments
Total carried forward balance		 41,486
43,773
1,900,217
1,648,009
(50,000)
(70,000)
108,311
278,433
2,000,015
1,900,217

There may be minor discrepancies in the totals if the pence are not being shown

12 March 2021 Page 5

Page 29 of 31

Independent Examiner’s Statement to the Members / Trustees of the Parochial Church Council of the Ecclesiastical Parish of Eccleshall (Holy Trinity and St Chads)

Separate independent examinations of the accounts of Holy Trinity Eccleshall, St Chad’s Slindon and the Eccleshall Parish Endowment Trust Funds for the year ended 31[st] December 2020 have been conducted and the following statement is an extract from the report of each independent examiner:

In connection with my examination, no matters have come to my attention.

  1. which give me reasonable cause to believe that in any material respect the requirements

  2. to keep accounting records in accordance with s.130 of the 2011 Act: or

  3. to prepare accounts which accord with these accounting records have not been met; or

2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Jonathan Hill (Lichfield DBF) Tony Cahalin Jonathan Hill (Lichfield DBF) Independent Examiner Independent Examiner Independent Examiner Holy Trinity Church St Chad’s Church Eccleshall Parish Trust Funds Eccleshall Slindon

Approval of Accounts by Eccleshall PCC

These Financial Statements of Eccleshall Parochial Church Council and the Eccleshall Parish Endowment Trust Funds have been prepared in accordance with the Church Accounting Regulations 2006 and The Charities Act 2011 using the Accruals basis of accounting.

The Financial Statements were approved by the Members / Trustees of the Eccleshall Parochial Council on 25[th] March 2021 and signed on their behalf by Rev Jules Walker and David Beswick, Co-Vice Chair of the PCC

Rev Jules Walker David Beswick

Page 30 of 31

Holy Trinity and St Chad’s Churches in the Community

The PCC is extremely grateful for all donations and financial support which has been provided during 2020. However, with the ongoing shortfall in the Church General Fund, the Church continues to need as much support as you feel able to give. Further information is also contained in The Parish Plan and other details which are available at the back of the Church.

The Church continues to be dependent on a relatively small number of regular donors within the parish with 20 donors providing over two-thirds of the regular church income. The PCC continues to take initiatives to raise the profile of the need for regular giving particularly under the HMRC Gift Aid arrangements and is currently trialling card reader for automated donations at church services. There are many ways in which you can help, in particular:

Annual Parochial Church Meeting – 7.15 pm Thursday 15[th] April 2021

The Trustees’ Report and Financial Statements of the Parochial Church Council will be presented at the Annual Parochial Church Meeting. This takes place at 7.15 pm on Thursday 15th April, in Holy Trinity, when everyone will be welcome.

Page 31 of 31