THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF sr MARy-AT-H1L￿ sr ANDREW HUBBARD, ST GEORGE
BOTOLPH LANE AND sr 8OTOLPH BY BILUNGSGATE
Also known as
ST MARY-AT-HILL
RWRT OF TRusfEES
AND AJDrrED FINANCIAL ￿ATEmEN[S
F(%i THE YEAR ENDED
31 CECEMBER 2021
Regsttred th3rty NLMrl)tr: 1161347
Knox Crtwper LLP
65 Leadenhall Street
Lonthn

ST MARY.AT.HILL
Owty R&JislrntiM Nuntr. 1161347
Pwochlal thurch c￿nd1 mefftss:
Linda Joy Fo*r {Fk)rK)rnry Sts•)
John Stq)tr*n Hughes
Roy Humphrey
Laurertt Target
Phi14ppa V4hile (resignal 2021)
Kevin May
David Ernr￿1 (regwl 2021)
Rot*rt Mrwjay-smith
DIreCt￿ of Muslc
Robert MSr<J•.Smlth
St Mary-at-HRI thjrch
Lovat Lanc
EC3R 8EE
A￿1rtorS.
Krnx Cropper LLP
65 Leadenhall Street
Bankers:
C4F Bank Limiteil
25 kn"r¥Js Hill A4t
West Mailirwj
Krt ME19 4JQ

sr MARY-AT-HILL
TRUSTEES REPORT FOR THE YEAR ENDED 31 DEceMBER 2021
IimioDucfioN
St Mary-at-Hill Mlsslon Statem
Visic￿ is to ￿ a Ch￿ch tlwt is wfth the c￿nmL￿ty cl whth we
e a part. We will get to know that commuThty. We ￿711 rKay for that community. We Y411
wdwme that community. We will make oursefves accesstble & ardllatAe to that co￿nUnty.
We will be a welcomiry Churth, enabling all to enCC￿te￿the transfotmiw love ofGcvJ throwh
Jesus in the Power of the Hoty Sptrk.
Manage•bwbt of the Charlty
The Owrity 15 manage(I by tre Parcrt¥al thurth cr￿￿1 (PCQ. This is up of the Priest
Iwsed to ttr* parish. (t￿r￿¥¥ardenS. *ted annualty by the res(dents of the parlsh and
others ￿ the churth's etectoral rcAI, ar￿1 up to six other members, elettal anThJaw frc¥n and
by those on the elemal roll. The Irc has Fower to co.opt Ip to two alditsonal members.
TPe PCC Usua￿ meets every other month and may delegate specifK ￿￿er5 io a committee
or committees. We have a StsrKling Commrtt& (emrohtsEred within limits to transart business
i*tween meetirys) arKi a "Steeriry GrG￿p for ts Resttyatknn Projett. ¥thich indudes our
rchrtect (and Quirquennial Inyrtor) Okn'ver Cartt and Rev Kathwine Hedderlty, Area Dean.
We a￿ vwy gratefiJl fty tr*eEr Conijn￿j suppJrL
Publlc b•n•fit
As a (hjrch rl ETr3land Pèrish thaitth ob￿11¥e5 are pri￿)paIY the
a(ivavKement of the chnsts.an reIty3￿n arthj s￿h other things as are cJ)ThlLLtive to that Ob]￿t.
We also provide a comrwnty space for area and welcome ttK)ir5. orchestra5 arKF other
groups to pracbce andlor perform. We alw welccfft edUCab￿al visits from and cther
groups, exploring the local hlstory as as farth. We are open to ￿J￿nesS￿ for senNnar5.
receptions, luth dnrws. Thus c(thplyirKJ wth the tharty Commi&SFon's wblic
b￿erit guklan￿.
Churchwardens, Rep(xt
In the summer of 2020 ￿ priest in chary< the Re￿rt Trioa HIlEas, was prefeff8J to a carK>nry
at IVe5tmin5ter AbLw, and left her ministsy in &111￿S9ats. She has 9nce teen appointed as
Arthleacon of Westmwtsier and CarM &eward. The PCC cwjratulates her on these
ap￿￿rtIrthts.
The parish ts giateful to her for l*r ministy to St Mary-at-Hill arKJ wtsh her many blessings in
her new ministries, and in her c(**inuirwJ r(* as Chaplain to the Wker rf the House of
Commons.

sr P4ARY-AT-HILL
TRusfEES REPORT FOR ThE YEAR ENDED 31 DECEMBER ZO21
The benefKe has continu&1 Y￿ant Sin￿ Ihe d&*h of tt* Ven. Dr ￿r￿.D￿ty wi 2C(6. On
lThristmas Eve 2021 the &'.thp rf Lorn4on further rKJht to f*tsent a ca￿*1￿te to
the ￿efiCe. That right 15 the PCC5 for thi5 tum, txrt under the rele￿t le94slat￿ fals to be
eXer￿d by the knhbish)p ￿ Canterbury. The PCC has asked the ￿haP to appjnt a west-ir
charge. has enyas*d in dIs(US￿￿5 aLxKrt futwp ministry in an ￿f£¥[nal cluster with the
neightourirg ol Al Ha1tr4•6 BwkyTKhYche.By-ThtrTower with St Du)SW.In.ThtrEX
the neMJht#xJring Guikl Churth of St Margaret p&tens, ar%J t￿ of an ￿Stant ￿rate
on a house fry Oiiry tHsl&
Iimtab'ons(+xKial gathenngs and worship that have f￿)￿Ed frDm the se*val waves of COVID-
19, ix)th fDrmal arnj inlofma, have resIr￿ed use of U* ttwr(h for Mw5hTrp and other activib"es.
The ￿c has C¢YrtiThJed to z¢￿ suvre% arKI h￿r￿1 from trE clKrth
available on Zoom (m t1￿. Tr ritts are take￿ from CL*n¢r￿7 Worshi) and the
Book of ComnM)n Prtyer. The Deal the Re￿ Kath&ine Haaderly has ceknted Hoty
Comrnun￿ in the ¢YKrch p&Kx1ts5ty.
The PCC was del¥jh￿ io ts at* to wek(¥ne a live c<ryrg¥t¥)n f¢Y the Fth Har4e51 Fe5trial w)
October ￿ is gratefvl for the in¥olYtrTErt aThl trajcrs fr(Yn Billing5gate Market
The Parth arKJ %Vèrd C*c4 SeTy*e was a9a￿ Ik*l ￿ PEYSOry a￿1 Revd kn WIWn (husband
frymer pri*-in<harg¢ tt* Rt ReA Rose H4K15M-IYi*in) The PCC is gratdul and
was d￿hte￿ to see him ayjkn.
ty *aphkn tr* the 4B5 Insplty.
CorKertS in fove re¥TrEd, and crfer ￿rEtsC aThJ wrtual refre*ment to those
increa5Ywly in the rEKJti*)JiW as ￿ Oty aTrl *5 JKI viwtry from
the strains of cov1￿19.
luther￿ Clxffrh d St Artt Is part d tre Luth￿ (hwth in iknt Britsln. thus
part of the Por￿0 Conynunion, and ir full comunTh with the Church Lrf &*nd) has contkn
tts asYKiation wth the parith, ￿.￿stry to COVID.19, txst the thurch for its
f51Np and BaEh ve5￿. FelkW￿hlP is a1kn5KV.
The PCC 15 gratdul fty the servKe5 of Pwa Wl¥k, and ErnM￿u￿. TFY ha* hay to
away from Billirwte, PCC wishes I￿.
80th John Hug1￿ and R(ry HLwnphrey have be￿ UTh￿￿1, arKI so the thiTrJ5 that
could th for The PCC b pleas￿ ty ththr fw.
We are enormou5ty gratdul iv brKla FDstLY, arKI R(thrt Mingay Smrth between
them have organ15eJ arn1 leo tyJr ¥¥eekty v•xslM"p ether by Z￿rn or m person wth Z
avail*illty. Thw haw& a￿0 ke0 ts chwth cywt ￿ viat4e ttrffough thffKuk
Ats surwsng diffi￿**$ ¥*+th tr¢ Ffc a bro•JbaTha C￿1)0(10n ar the thurch,
A grant from Cl￿5 has enabled PCC IL) and beglri to evèlu* a ¢JetalloJ catrbjue
apprassal rf￿1nery that Was darwal arKI removed after the 1988 fre. The PCC hope5 to be
to tske f¢Jrward a project fty r*n#atsment ar•Y restcfatson cl the Teredos, and to define
Its rtsbs fv ￿er it

sr MARY-AT-HXLL
TRusfEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2021
Chtjrchwarders
AdmInIstrato￿5 Rwrt
ThrOugh￿t 2021 tt* Cobld paTrknic affe£ted we use the buildiThJ. A 5kle thapel %%ps
created to allow space for pr5vate wayer. Th￿ ha5 kept as an area of trar￿￿lI11ty aryj for
MoThlay hJrKh4iwne 5ervKe5 of Trk)ming Prayer. In sq)ternb￿ 2020 were again perniittèj
to tske lethngs and of cAJr re91Aw ct•irs - Constsnza Lcth City VoKes -
ba(*. West Erxj Musical decid& n(* to return, arml their pl￿ was filké by London
SymptrM)ry Cmrus. cthef r8Jular users hkne back arrfl we a￿ delighted to
have them bèck.
Routine Malnlw￿n￿ ha5 contiThul. Repaks wrfe m•Je to the folkwiw a
wl¥th saw the bc*"*r of ￿lon a week.The ¥estry wa5 rede￿ted and pirture5,
taken by the intem, Leah Moses, have been framed up in the ￿r￿lor.
The v￿e wert wi December a tenpJary page was created by Ke¥#i M*. Thi5
will be reL*ggned in the new yew.
Nlcki Lewis
Admwiistr&(Y
Music Report
MornirvJ Wer has twi hekl ￿lne the start of Ihe pJ*lernit ond until the
of ju￿ 2021. We retwna to ifvpewjn serbi￿ in September 2021 ￿1th organ music dnd
hymn for our weekfy fv*yr)ThJ Prayw cr r￿)nthlY Eu(harisL
Due to the pandemi4 al ow ccrKerts wa)t online promded by Serai*wn. Ow final ￿line
crmcert vias in Y3rth 2021. In ￿ly, we cdebraw ow fwst ITr-per￿n concert at which
Seraphim ￿n9 a comt4nab.￿ of mugc heard c4)IN)e aThl a ne￿ piece vrtitten ty our pxt4n-
resIde￿e, Stela Davis, in colkborabon with comwjwknlresv Wilson. The Sware M¥e Music
retumed in.person in October 2021.
Robert ￿r￿.smIth
DiTettor of ML6

IARY-AT411LL
TRusfEES REPORT FOR THE YEAR EPIDED 31 DECEMBER 2021
Steerln9 Gnwp and PCC
Steering met Zoom 2021. of Michael Wefbank meart
that Mernb￿￿lP d the gr(NJp has been dimini*￿ and his valuabk c0ntrbJbC￿ over the past
years is very much missed. The Area Dean, Katherine Heddedy rep￿Ce￿ CwN)a
Graham a5 representative for the di¢xese. Hwjh Harri￿ w(xluced tre final rwrt and
catalDgue ol the stored Joirery. Tr next to vth txrt new staternerts of
signiftaKe and need in the Itgm of the report. Further work on o11￿ proj￿ was p)ssible
due to C(Nid restricti￿5.
grant proFcts (see separate fEPJt) arTangrnts fDr worthy whKh contin￿1 ￿ Zoom
for most of the year. In Septemtrxy. the thurch rec¥)￿1 fry a Week￿ 5errfice on Momir¥J
Prayer and both fish Harvest Festpial servi￿ and the an￿￿[ CJOI sovi￿ ￿ebrats,0￿s
retumed to tr* church ￿￿&11rdj. Lcthng aw. we ￿trIyate dow M)rking with our
￿e￿Mb)urS All Halk)V￿ ty the Tw arnl St Margart ￿tte}$ arnj the exatiThJ pr05pett L* the
apwntmert
Mary-at-HiU.
PCC Secretary
cul￿re R•tovery Fund Grart
The cultu￿ Reowery Grant Vlas awarded in 5eptw)ber 2030 and the carried out durin9
the ewly part of 2021. The award ena14e(1 us to cary fonvèrd kJrrfJ4andlng Joinery
irNestigatk)n woject as as the xld ir6tslktx)n d an eXhil￿tI7n.FaTth, fire arKJ Fish.
telling the Story of St Mary-at-Hil. ￿ carrtd Thjt dekiloj quaitstive rtsearch wtth regular
users. visitors and tAJ9￿Se5 to ojt IKJW tfv wished to use the d)urch in the future.
This wil inf¢)m deci5K)ns that the PCC make with tr* new as95tsnt IXI￿ hthen ap￿int￿y.
We a￿ extr￿￿ gr*efiA for ttE oppJtunibe5 afforded to U5 the granL By coveriThJ our
overh￿d5 for Thre mcffjtts tre grant heted ow fi￿￿)?1 Vbats"lity.

sr 14ARY-AT-HILL
TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2021
nanc• R•wrt
(Xjr finarKial status continued to inwrrNe in 2021, partty due to the r￿elpt r* sec(whJ halF
of the Culture Recovery Fu￿1 grdnt (£60.750). a&) the conbnuing irKrea5e In the ￿$h
rates ILV from £55,271 In 2020 to £71,686 in 2021) * the steady r&eipl crf leiiirys inc{￿E
[£28.0￿ this year despts the contr"ThJing chalw of Cowd). Other income was slightly down
ain - maiity due to the lack of'irpperson, semces lor much (l the year - so totsl income
was sightty down from £175,100 to £175,040.
Total expendlture at £L84,661 was rowJW dcwNe that of the prerflous year, largely be￿uSe
¥￿t the remainder of the Cukure RLtovery FufKI gr￿t ff) 2021 WdlKHJS propcts
for whlch rt had be￿ gr￿ (half receival in 2020). We again paid a reduTrd Common FurKI
c0ntribthjL￿. tlwjh the rnymal lerfd (£38,CIKI, rbjt £20.000 viiH be p3•J this year).
Tfre overal result has been a surplus d E29.276 #1 urrtricted finjs ar¥J a cl É38,897
in re5tntted funds. Havlro rdeased of the de99nation5 last year as we we
ur6uo of the overall outccffje, we are p￿Sed to r&J&#Jrwte £27,046 making the total
desIgnafi￿5 proFcts in the near future SCAne £80,480, as detaikd in note l5 to the
aCC￿nIS. Tr undesignknl, gwval fLr•J starmls at an impres57ve £95,762, thCKj￿ it 15 quite
liw to show a deftft in 2022.
Our total assds have nÈwer t•1 gr83ter, ￿t do have a nunts of prDpcts, notabty fo
deal with the pnery, which are far from l*irnJ cOv￿￿d by desigr•ated oi restr*Lted f￿d5.
We are very ￿trfUl to the many In the Y4tK) have Tr3xI r&es, and atso to
Lufvran corwjregation wts) have use of chuich on Sunddys and provmje a mai
contributron to our W"ng irK¢yrE Some of our ottw rewlar hirets are not yet bad( to regLlar
actimty and V+* value gready wr partsh adffdnlstratorfs work, rmx least In getts.ng rrore 'on
off lets thon we have hay Wc*e. We also rec(*Jnise the wrrfio.al giwr8 of a small number
of our supporters. mo& of w￿M a￿ members and suprorters of tho'r 'Sunday' chur(he&
John Hughesdon
Treasurer
Reserves policy
The PCC'S un￿tricted fvr#Js at 31 Decemtw 2021 were £176.242 (2020 - £120,003) ofwhith
É80,480 (2020- £53,434) was desFgnated at that date, as n¢ted the. knving £95.762 (2020
- £66,569> In Gen￿al Fund. This is equwaknt to over 6 rrKJnths of recu￿Ing 'normal'
expenditure. The PCC'S cwrert target is to hdd a c￿neral Fund equlva￿nt to 6 rnnths,
exFenditufe. havirs de* with the wtstaNlirrfJ woterty maintthantr issues that are r
tacklin9.

sr MARY-AT-HILL
TRusfEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2021
Conduslon: As and Ferhaps this year, ¥¥e appreciate the wmlwread
suprort for Ouf CtKJrch, frcffj (￿gar#satI)r6 aTrJ individua15, but a19) our loving
heaventy Father. As tr* Covhl crosls t￿k hold. aTrJ wc4Jressed. E coukj not envlsJJe
STATEMENT OF TRusfEES' RESPONSIBILrrIE5
trL￿te¢S are resp￿SIt4C for preparin9 the Rewt of the Trustees and the financFal
5taterrents in accr*darre with KJpl1cab￿ Unrtd KwJL)n Accountin9 &aNlards
(Unlted K]ngdom Generdlly Accepted Accounting Prxtke).
The law apP1kab￿ to djarities in ar•Y W*s. tre (Trorities Att 2011, Charlty
(knnts Rep)its) RegUlab￿lS 2008 and the provisKy)s d the tntst r￿uIreS the
tr￿te￿ to wepare financial statellMts for eth finanaal year that a rrue and fair ￿eW
the state Qf affairs of chanty and of the incoring rewrces awkatKJn of rèscKJrces,
Ind￿ling eXp￿dILUre. of tharity for ihat kViCMI. In pryiTrJ th)se financial
SG*ern￿ts tt* tru*ees are required to:
sel&ri gitable xcoJntsng afx1 then th&n c(Ktsstently;
. ot>ser4e the methcth p￿￿ipleS in the Chanty SC¥iP
. m*e Judwts arrfl ￿c￿rtirWj estlrThites th& ￿ reas(Thble arKI
prepare the fina￿la1 statements on the g)ir#J ct¢thn basis t Is inappropriate
to presume that the charity will cortinue in b￿￿&$.
reasorpbk accurw at any tune the finaThial mion of tr￿ tharlty aThY to enable them to
engJre that the finarKial ststen*nts (xjmpty wrth the Owif*s Art 2011, tr￿ (hm (Accounts
and RepcKts) Regulati)ns 2008 ￿ the trust Tly are also resP￿1b
for safegu￿￿￿￿ the the chartty arKI heKe fLY tskn'rKJ reas(Kwble Steps fvr the
preve[￿ and detrftson of froud and Irreg￿¥l￿es.
Awroved ty ¢xder of the board of tnjsrees cn .....-.......................................aTrJ s￿ned on
Its behaw ty:
', John Hughegth J

REPORT OF THE INDEPENDEKf AUDITORS TO THE TRUSTEES OF
sr MARY-AT-HILL FOR THE YEAR ENDED 31 DECEMBER 2021
We aulrteil finarKir4 stotsmemts rf St mary4￿•11 Ithe 'chaTr￿ the year erth 31
Decunbw 2021, whch compnse tpE Stat￿[ Actmbes, the 8alaFKe Slkiet and note5 to
the finan￿1 staten￿rty a summary of sKJnificant aCcC￿rbkn3 pvlaes. ￿ financi￿ reFortin9
frameth that ha5 been in tt*ir weparnb'Ji is arptscab￿ I￿• and Un,'ted Cirqdom Accountsng
*andard5, ind(M4,n9 FI￿n[￿4 RpFxkn'rwJ Starthrd 107 Tr FinaK$31 ReJMtwvJ *andard ap￿Ilab￿ in
the UK and Rwbk of Irdand. (Urated Gewafv f*actKc).
In our op(Tron flnandal ststwnwts:
gNe a tw ar&1 tar cé tre stats d the Ch￿ affars as at 31 Deomber 2021 its
Prbaice,.
ha￿ been pwrql In acccx(1an￿ the kt 20II.
af Op1￿0￿
We condLKted our audtt kn accordm Intwrotwl siandads t)n A￿j￿TrJ (UK) (IS4s {UKII and
8rfJl*èblp. kw. CMJr rNporn*thliti"es urmlw tkn¥. ¢&andards a￿ described ￿ t*￿ Audrtorfs
Tcf ttrE a(xJ* of the IlnèrKW 5Kttcn of our ￿parL We a￿ IrK1ependent rf
t￿lty in aCctrda￿e the ethul req￿ren￿rts that 2re rdev3nt to wr aud￿ fi￿nE￿I
Statwnert5 Ul FRCS Ethtal Stsndaro. arn1 have lulfiled our other ethl(al
reSpon￿bIlItIeS In ￿(Ordan￿ wirwert& We bel￿e that the evlderxe we h
Is ￿Tr1ent aThY ajyoprtare to KYO7lde a ¢ur ok4n1￿.
In ￿mI￿rg the flnandal stsrernents, we ha￿ CS)￿1(￿1ed that the Intstee< Lse ￿ the gcirwj Con￿ffn
work we Ikive wforw. ￿ htye Kkntfftd any material relatry to
c(￿lti(￿S W iFKIN￿UalY or cc1￿￿v￿y, may cast significant doJbr ￿ the oharws atr41ty
trlconb"nt￿ as a wn9 far a perK#J ofat wt Nyefve Mtsrrt￿ from the ffinar￿1 Stat￿ents
re athyised for
in tr* rel￿nt secbms cl this repowL
The cther informatson cijmpnses the infcYmatKn irKkM*d In the annual Tel￿. ther th¥. the finaTri41
any ftrm of I￿￿10ft￿ co￿ll&1)n therem. .

¢Xr re5ponsit¥fity 15 to read other irfclrnaticm aThJ. in d￿Th) 9), c￿51[* the Olh
infOrMat￿n s matenalty InC0￿Stent ¥￿th the finarKsal ststernents knowledge obtained In the
CQW5c ol the wdrt or othuwi5c ap￿ar5 to be matenalty mis*￿. If wc ￿cnDfy swh mater
tr￿￿$tent￿ ty arparwt matenal M￿￿atert￿ we ¥e reQ￿red to detemyne whettrw there t5 a
at￿01 misststem(y)t in the slatements ￿rnSe￿ Jt, based we have
tts rep(rt fart.
Plattws on whlth we are requlred to iewt by exceptlon
We have rthing to repxt m res￿ ￿ the fdkhM"rrfJ r￿tterS in r￿at￿ towhth the I)arrt￿$ IP<cwts
J Repyts) Regjlaikns 2(M)8 rewtre us to rep￿ to rf. in our opinic￿.
the infuMati￿ gNen in fiftaih)￿ ststements 15 iKM5i*Ent in any Mate¥1￿ respett Mth tt
tru5tOE5' ryrt.. or
gfftient ac(c￿n￿r￿j r￿dS have not I￿tr kept; or
the financial stat￿r￿ts are agTEemert with ￿ aox*rtirv4 rEcryd5; or
e have nut reca*d 11 tr* mftymartsi aThJ expk3naDMs requrt fty autht.
As expkined fuly Truslees. &aiement set C￿l ffi p¥R 8. the Tr&siee5 are
r*¥¥mgbk for the pwarat￿n fifia￿al Slatsm￿ts aThJ fty L*irg satssfi*l that th* gl¥e a true
and fak view, arnl for s￿h irternal £(￿trol as the tru&tees ¢knmme is neLEssary io enatde the
parali¢Jn of fina￿131 Stat￿￿ts that are rnsStaterr￿. whethw due to fraud or
In preparfrq Ihe siatemenrs, rrustees are reS￿r￿al￿e for a*sgng tr* charliys atrlity to
continue as a gcxr#J dtscb)&ng. as aprAKatrAe, matters rdared to C￿r￿rn u*ng
C￿cern tia95 dK£o￿tir￿J IrJ5tee5 either inteTrJ to I￿VIlate the company cff to cease
(Vrati￿. Cf have ￿ realistic bjt io do SO.
Audltorf$ rapon￿bIllue* lorthe *d(t olthe IIMThd•l *t*m
We have been aNx¥nted a5 WKAtor 5ertK)n 144 L* Clw'tJe5 Art 2011 •¥1 repxt in
Chjf obJEth a￿ lo (thln leasL￿* 4aS5wethe aix*A wlkn finBndd stat￿￿nts as a vrflKJle
are free {nat￿al misststemerL wt*ther to fryd￿l tr exrty. ￿ tro L$￿￿ an auditL￿5 ierort
thar ￿(luth OUT oF#"n￿n. Rea¥¥￿ble awrartr is a hKJh ltrtl of ewan￿. but is a gUar￿tee
that an coTr#uaed In accordan￿ l&ls (UQ wll ak¥•s detect a mattha ffltssiateW
It t￿sts. Mrsstatemerts arise from ¢X errtr and tre ccfftsidered mat￿lJI If. 1ndMdUa￿ or in
the agjregate, could be exrecknj to infkwce the ectywmK deo"swG ol vsws taken
on the hass of these finarKial staternw
io

IrrgJu1a￿￿es, Inch￿r& fr￿￿1, ao wlth law￿ a￿$ regulatro￿ We deshjn
of IrregLd¥Styes. ir￿uL1[￿j fr&*J. Tr ertem to ***h ¢apat* Of
rregutsrit*s, irb*h*'rrfJ frnud is deta1& behw.
gnfficance.
We gaN￿d LYK*r51arKlirwJ of lThi ttye chaty LTIn￿*d vAth 15 *1 and re•knt
5u•'bility tD Mat￿la4 mi55titement aTrJ h¢M may {K￿r. conthadons Irrf$￿1￿J
A further t*s￿p￿ort of our re¥¥ywbdth5 tt* fir47ncial slatements is lO￿ted on the
Fknanci4 Repxtjng co￿*,$ wetfyte OL
part rf our audW5 rep¢xL
olth• r•port
[ACc￿nts aTrl Re)Nts) Re9ld&￿S 2C￿8. work has urxlwtaken, w that ¥¥e Mfj￿
state to tr* cNart<s tr￿eeS th¢xe mattets are reouwed to state to tlvn In ￿ 0￿j￿5 rewrt and
r*) ther wrF4)se. To the extent pemrtted law, do èwjme resFKMsts
to 0￿r than tl* tharty aThJ tl* chW5 tr￿tee5 as a L￿. fLY cw JJdrt w￿, for this repxt
Chartued AccOurt￿ts aryj RegiAered
65 Lea*nh)11 Street
2511012022

S 1 i,

sr P4ARY-AT-MILL
BALANCE SHEET
AS AT 31 DECEMBai 2021
2021
2020
FIXED ASSETS
"xèj assets
1,972
io
19.591
18,2111
Delknrs and prepaymemts
Cash at bank
4.031
233,403
Is.000
232.209
237 437
247
LTABILMES: Cr
one
J2
{4.160)
(5297)
233.277
241.912
TOTAL NEf ASSErs
TOTAL A114DS OF THE QIARfTY
Re#ricted Funds
Enth￿¥￿ent Fu
DeY￿ared Furds
15
58.021
18,fOS
123.881
16,269
53,434
66,569
95,762
TOTAL FUNDS
The tKc(#YpanWry rt)te5 ale ￿ intwal part d this b31aKe
IIna￿la1 stsiements v¥we try the &)èrd rf Trvsiees (
Iwe￿ *5 Lxtkilf I¥:
13

sr 14ARY-AT-HILL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
I. ACCOUNTING POLICZE&.
a)
The final￿1 statsments 0¢ fv tharly, *lKh is a t*rdrt ￿trtY FRS 102, bew ￿ep•￿e0
in Kciydance wth the Charit*s SOPP (FRS 1021 'AcawnknJ aKI Ryxtiry by fvilies." Statement of
RecommerKJed PrtictrÈ to prep8fiThJ their aco)unts tn ￿t(¥da￿ with ¢1* finanoal
rtiro Statmlanl In U* UK &￿1 Repwilk d Ireland (FRS 102) {eff￿ts￿ l Jarwy 20191,,
fiffjnoal Re￿)rth￿ Stwth 10?'The Fnartial Rryvlif¥J 5t&rYJard awlcable in the UK and RepJ>lir of
IrelarKJ and the 0￿￿*t￿ Act 2011. fwwcial statEffl￿ have preparEd the histon.cal cost
trmvenbon, *tth the exce0#￿ of in*Stn￿ts are IrKI￿je# at markd walue, as MIIfi￿ b the
revaknbll(￿ d (stan assel
The truste￿ consmkn thal tt*re we no rnaiwial ￿￿erta￿ alvjt ts ttwrtys ab.lty to (￿tInue as a
aTrtsrd 102 prepared d ofcash FkbY*
Ib) FvThlacLxLvkniw
ur￿tr￿tt8y ￿ndS rewewt the fiJnd5 of PCC that a￿ Thx subjett to any restrbrtth r￿rdi￿ theT
Use ar¥J are avadabk fcy thE gerrral purptse5 (Jf PCQ FU￿15 deswwted for a par￿￿lar purpwe bv
the PCC are a150 unre5tn.de
Kl rethcllons a￿ In Note 15.
Permanent Endcrt¥mt ftwK1s ￿ fu￿15 to tr* trority to be h&J as captal, wthDui pol￿ to
cunvwt wtal tD incLf*, and reF￿e￿t the thIVal glfts irtreases and detrease5. ix)th
reallsed and Un￿al$ed, In ts vakne cl tr* Inc￿ g￿ra￿ by the Ca￿"tal is released to the
Vckn*tary hcon
. twted serwce5 faabt*s are Ir#gu¢kd & tr* vak* to trt whEre thi5 can ts quanb"fi&l.
• Colle(ts"(xs a￿ r￿nIs￿l when retsw￿ by ¢Y M tetsif of the FCC.
. Plwal gthng LW)dtr Grft Aid 15 fEcwwI cnty véthen recEh*d.
. Tax recowth M Gift d¢yatsons LS reC¢gnI￿ ¢(Thiti￿ 15 r￿(￿)rISed.
. fyants and lega0*￿ to the KC are ￿Counted for as s(x)n as the PCC is of,ts legal ent*lemen¢
the rnt Que rs quanffvtsk ukimate rcccipt ty the 5fC is reaSCrf￿Y ￿rt31ft.
. InccNne frorn fiJndrai5frtJ and gffilar wts is accounted for 9rc65.
. Interest enbknEnts a￿ accounted ts on an acc￿1$ bay5. Tax rxiyffibk cn such irttme Is
re¢ow¢ed In ihe same K£ourti￿ yetr.
14

ST MARY-AT-HILL
NOTES TO ThE FINANCIAL STATEMEiifs {continwd)
FOR THE YEAR ENDED 31 DECEMBER 2021
(d) Re￿￿￿￿* exwk
Lialxlit*s ère weccyrised as eywxl*L*e as 9XYt as thwe is a committi
the charity to that ex￿￿tur￿ it is that a transfer d eccffjcr4c t>enefits wim te requK&J in
seltjemert èThJ armjni d Ihe can nw9Jied relowy. Exp￿ditUre Includes any VAT
vknlch cannct be fvly reco￿Ed ar￿ is rekKXted a5 Part of the •re lo whith it rElatss.
all costs rElated to the otegory. I*￿*￿e ccsts dwtxtfy aitributed lo partxuL31 h8adrnys they
ave been alkxared to aCtiV￿"e5 m a basis c￿ngste￿ v*th the ￿ of rey)wce5. &￿ernance costs are
h)dwJed wrthin these c(* •rvJ indu(k attltsJ￿k to the tharty5 (￿anCE wrth 0)nstrt￿j0n￿l
and staiL'W requlrements, Includlry aul*, In￿. rneettrgs and rdmlyrnd experw.
Grar￿ and donauons a￿ accourthi WI￿ pakl ovtt, ￿ wf*n awarded, ff thx award c￿teS a
'ndirrfJ (￿￿gatY￿ on L* KC.
The thctesan parish share t5 47croJnw ¢k
(e) f*rykWe fixedassets anYbffjreoalYcn
Tangibk Tixc¥J assets are strted at cost bess Deweoath)n ts kYo¥IW al rates calcul*d to
wnre off the cost of fixed assets. less thew estimated residual value. th•r ex￿ usdul INes o
the folkn¥in9 basi5.
Computer 3 yea
The tharitr only has fir*naal assrts and l*bi1t￿$ of a knno that quah.fy 35 bag"c firwinoa ￿SIn11r￿lts,
tr￿￿Oing rts debtors and tyedrt￿S. T1￿ a￿ In￿￿ty rewised at tranwlJ￿ value SubSeq￿nIty
valued at their sett*mert val*.
Yxmts to the KC at 31 Iknrthr in respert of fees rents w (Jther are slxyMI as
debtors k5S txoyision aThthr*s thal mèy r¥ove uncolltttatAe. Cash ar*J cash equivalents corr¢)ri5e
Cash in hand èrk1 othe¥ highty liqiwd In￿rtents trot are read.tty corNerbble
to a kJ￿n arnourt cl ¢tssh aFxI ort sthjert to ￿ Insffjrifiunt nsk of rt￿nge in vèkt.
(gl ln¥esb￿tsth
Invthents are initKally rec(NJn¥sed at ther tr￿saC￿On Wa￿e and Sub*q￿ntlY measured at their Fair
vakne as at the ba￿n￿ sheet dale t1￿ ¢Wed market wce. Gain5 h)5se5 or, dispo￿1$
reValuab0r￿ we In ts stateM￿t ol FnafKial ktr%it*s ar*J to tr* funds to whi¢h
they re￿le.
(h) fa¥atA
chaiity is exemtt ftom tsx (m its dwitth arthities.
In preparing the findfKidl Sldtem￿ts tt o we55ary to make (e￿•￿ Judgements, e51imates dwxl
èssumsth)s thèl rKowi5ed In ￿ fintir(wl tten￿Trts. In the view of ￿ Tr￿￿eeS
there are no wgnrfKant Jud9eiwts. e5bmJtth dnL1 iVJsityN)ns

sr P4ARY-AT-HILL
NOTES TO THE FINANCIAL sfATEMErifs (contlnued)
FOR ThE YEAR ENDED 31 DECEMBER 2021
DONATIONS AND LEGACIES
Unrestrirted Total
fvnds
2021
Totsl
2020
lynds
Its
fAJ.750
3,755
64,XJ5
J.552
Le9acy
75.750
570
3,802
79,552
tknalion5
3. Acnvmts FOR GENERATIIIG
FUPIDS
QTIIER CHARITABLE ACTlVtTZES
Churth rntc
71.686
71.686
55,271
320
COSTS OV 6t11￿TING FUP4DS

sr MARY.AT.HILL
NOTES TO THE FINANCZAL STATEMEpifs (ojntinued)
FOR ThE YEAR ENDED 31 DECEMBER 2021
filnds
fvnds
2021
2020
Covid rKovery Ilml
Commcfft lund
aeaning
Mu
EmpbwivJ* c(6ts
Ckners and Ott￿ musicmns
Organ ar4J Maint￿{￿¢
grt. heat etc
es arxl eV￿t ex￿nseS
82.940
io.(
I￿95
82,940
20,0fy)
4.277
16,530
2,924
2.682
8,IC
3,230
1,324
8.106
3.230
1,324
2,449
6,350
2,146
J,oss
955
1.642
1,290
A(kninistration
Empknymcnt costs
29.615
29.615
24.880
Ccmmunicab(Y
Cther athinrstr*'m
SuThIr￿s
Works (kn
Wooj stLY&)e
567
1.537
567
654
2,443
219
72C
Car
Sundry
A￿tr￿'s fee
Auditorfs fee- year
tWe(kition
5.297
2,760
{3001
2.820
U20
ljhef - a55i5tsrt
183 210
COMPARA TJYE fE4R 2010
2021
2020
and salarlas
SocLIl security costs
Pen￿￿ cortrltAthns
41.139
2￿23
2,267
27.137
I￿74
2,219
Tolal
recetstd en￿￿Me?ts of £fli,WJ d￿TrA the ye¥ <2020.. n•).
The avera9e number ol emgthwes ckjrry w•$ as
Charts￿e attN*ies

sr MARY-AT-HILL
NOTES TO TNE FINANCIAL STATEMENTS (contlnuedl
FOR THE YEAR ENDED 31 DECEMBER 2021
8. TRUSTEES ReMUNeRAllON AND ÉXPENSES
eyr￿$ w4ere to any truslee5 (X)20: nKI.
Fo*er wa5 PaKI £4.Krf> (2020: E4AX)) in rekJtKwh to fee5.
Tr D*ertor of Music. RO￿ MirwJay.&n6ty was aso a the C(#KKI ¥Yas p&J
remLmernts'on tctsmry E8,106.
No oltr* trustee txt*r F￿1 ￿k￿led to (tsrty ￿ld interest c￿traCt or
transxliLm ￿¢0 dwity (knTrJ tt* yea12020: Th11.
9 TANGIBLE FIXED ASSErs
2•21
2020
At l January 2021
AdditsOtLS
At 31 c￿Tter 2021
2,958
At l Jènuary 2021
Chargc for the year
At 31 Decern￿r 2021
986
Net book v•1
t 31 D￿emtreT
10. Ir4VEsfMEIITS
2021
20X•
Mwket Va￿ èt l JaNiry 2021
Adrtftiorts at tost
16,269
15,216
Urffealised 9￿￿(￿)￿)
M*ket at 31 Decerrkn 2021
11. DE•TORS
2021
21120
2.525
rakl
Is

sr MARY-AT-MILL
NOTES TO ThE Fzf4ANCIAL STATEMENTS (u•ntinued)
FOR TrIE YEAR ENDED 31 DECEMBER 2021
12. CREDrroAs
2021
2020
1.617
4,160
Tcknl
13. SPUT OF ASSETS BETWEEN
FUNDS at 31" De¢ 2021
2021
Fixed Assets
Net Lurrent assets
58,021
193,861
251￿82
Net Tc*al
194
252
SPL￿ OF ASSETS OETWEEM
FUIIDS at 31SV Dec 2020
1.972
134,300
1.972
258,181
Net Awts
123381
Net Totsl Asses
14. OPEAAYif4G LeAsE COMMrrMEpirs
tr￿lity has llo minimum le￿ paymeras unts n(m￿￿elat* cgtsab"TrJ I￿5 (2020: ÉNIL).
19

ST MARY-AT-HILL
NOTES TO THE FINANCIAL STATEMEPTrJ (contlnued)
FQR THE YEAR ENDED 31 DECEMBER 2021
15. MOVEMENTS ZN FUNDS
At l Jan Incomè Exp•MlilMre Trnnsfers Galnsl{ltststs} At 31
2021
2021
RMtrirted ￿ndS
Prw and ￿bleS
Rertorf5 exr*nses
Flrst course
￿￿]ect
Covid Recovtty Furn
HistorK Wcmilwork
Pr¢Jiect
2,2
1,722
274
50,993
53.686
I5.1￿0
?,?(
3.310
274
52,231
35)
1.235
1,238
(I(KJJAx)) (14,436>
(15,(KlO)
60.750
Trkal restrirted ftmds
$8,021
IndO￿n￿t fvnd:
Rectr<s
0￿"Qnoted fiJrKIs
(￿Ck$. exttrity
<knr ond hO￿ra4
Elettnc works
Long term mairterh
42.784
10.650
45,830
10,650
14,ODO
10,0
14.C
io,coo
Totsl ots￿nated Funts
Gemal fund
113 937
83
Tc¢al fwrfls

ST MARY-AT-MILL
NOTES TO THE FINANCIAL sfATEMENTS (contlnued)
FOR THE YEAR ENDED 31 DECÉMBER 2021
Prdyv I¥1￿. Morley rawj to akl the wrthase of prw tootrs and b￿￿s.
ReLtrs ex￿. r¥sed to co*r the Rectorfs e¥kMses as L%nl currcrtly a ReLtor. the
fu￿1$ a￿ Carr￿￿ f(Thard.
axlLYKu5e. Estatilthd In 2014 4t*tten tr* chLxts) ran a tt￿r$e fv the oty ¥¥￿1$. to be
on fLrtUTe (c￿1$e$.
co￿￿Re￿OVery Furx* grant Irom LKMS H*ge Lottery Fund to suprort henta9e organr5ations and
th(6e re¥rybsible fry listed Ljuldrys dwtrr￿ ￿ pondemK.
Transfers from Ctsvxl and the Hi5torK W(y>kn woject to rl* General Fund durry the
year we to [eIr￿urse c￿?1 Fur￿ ex￿rtUre trKurred on LEh4f Lrf those restrlLted fu￿ in the
ecedinq ye3r.
At I Income ExP￿thre Transf•s Gai0s1{10sses)
2020
At31
2020
Rertrfcted funds
Prayer books arKJ b¢bles
Rect￿.5 expa)se5
Fr5t old (ourse
Restroatson Poject
Cow'd Reo)very FUNI
2,2
1.722
274
48.423
2,206
1,722
274
50,933
53,686
15.(KJO
(7,W)
15,(
Totsl reStr￿d
625
Endowm•it fvf¥l:
Rectorfs fund
Unmtrirted Funds
De>wated fund5
- exterior
a5S Elw hathjrnl
North Dcor St
42.784
10,650
42.?84
10.650
120,M)I
Toral Deswted Fu￿S
Genenl fund
21