¢harrty registration 11S8178 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S, BROMYARD ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S. BROMYARD LEGAL AND ADMINISTRATIVE INFORMATION Trustsos (Appoknw 14 July" ?Q21) Carc* Frewa¥d Jemter Franklin Re¥. KYy3 ￿bè.￿sh Maik FTank*ii Petu Cbff R¢Jl)*rt Hollis Rcgef'•l.Ik*& Uryja trlurab Rc¥. Wallacé Brown 14ppointcd 14 July 20211 Roge("4ml￿ry PJ.ark Fiankln are Chuith WarLkns Clwity number 1168172 28 Chwch .ane Bromyard ted Kin9dom HR7 4DZ Intyndbnt èx•miD•¥ Ktndal. Wa-ley LLP Grants Ltsor 71 CralAm F¢oad htirc*stérslire W114 2JS 82M*ers N'alwest P 1 T* fJ05S IAt4cesr*T 'M11 3PR CCLA se￿t￿ Ho¥se es Queer4 Vctona Street Lonlop. EfJv 4ET THE PAROCHIAL C14URCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S, BROMYARD CONTENTS TIusiee* re.port Ind￿Tr*rrt exaTronefs Teport Sl3tmYd olfnangal Baknc¥ Notes k the fir>ancW statèmèTrts 7-78 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S, BROMYARD TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 The Trustees pr8sont their annual report and financial stat8ments for the year ended 31 December 2021. The financial slaternents have been PFeparéd in accordance vriLh the 8t¢ounting poticies set out in note I to the flnancial statements and comply Ihe P.C.C.'s Parochial Church Council Powers measure 119561 as amended and Church Representation Rules that came into foTce on 02 Jan 1957. the Chafttses ALt 2011 and "Accounting and Reporting by Charmes". Statement of Recommended Prath￿ applirAble to charities preparing their accounts in accordance the Financial Reporting Standard applKable in the UK and Republic of Ireland IFRS 1021. las amended lor accounting pen(xls coEnMenC￿g from 1 January 20791 Objectives and activilies The overriding alm of St. Pete¢s Ghuich, Bromyard is to function as a parish church wrthin the Church of England in the pansh of aromyard, typitalty pro￿ldIng Wee￿ feliP￿ShIp. setvice to our communty, Occasional seNices such as baptisms. Wedd￿9S and lunerals: and nw5510n_ The Tfustees have paid due regard to guidan￿ issued by the Chanty Commission in deciding whal aetivrties the P.C_C. shouk4 undertake. Achievements and perfoyman The main and significant areas of athievemenl ofthe Church are set OLrt bdw. Ongoing development of Revd Kina Ro￿rtShaW as Assistant CuratelAssoctate minister. Work with out Parish Schools has been difficult in 2021 partty due to the co￿7d Epidemic and partly due to the suspension of our Vicar. Ch*istians Against Poverty has been amalgamaled wth St Pète¢s Food Bank These have both grown enormousty in strength. 2021 we have created a new charty called 'BromyaTd FoodBank and NAonèy Admcè Centre.. tt has worked excèptionalty well d4stin9 the Epidemic. Ancillary to the above". W¢ have completed and fulty Pa￿ for major repaits to the fabric and hEating system. Attendance and membership have remained steady. nèrther growing nor redueing. Ch211engÈs The main challEng¢s fa4in9 the Church ale. We continue to need to attra¢t children and young peoplÈ bLrt wonder rf our focus should be less abo(rt 8ttr8tling to us and more about connecting y￿h these group5 in othei places and at other bmes Our congregatson is. ovèral. ageing and we t￿nStantty need to WO￿ at replenishing it at its younger end. We ¢ontsnue to be wthout a Vicar and are now in Vacancy. Legal We have TeeeN$d a Letter Before Ac*"on in respect of a Claim •￿ing from the conduct of Rev. Clivè Evatts and the PCC'S oversight of his aGtiwties. We have referred the matter to our insurers and do not expect any financial liabilty to #IE PCC to anse. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S. BROMYARD TRUSTEES. REPORT ICQNTINUED) FOR THE YEAR ENDED 31 DECEUBER 2021 Covld- 19 . 202 J hès been drtfum y￿. Vw. Re¥d Clwe Ev&is 5uspeJ**d #¥fjughoul Ihe year. The church fa￿lIY 2nd IIÈ piari5h have had ¢lpaT ￿jersta*M£n9 Pt the issues ￿¥%￿l_ At the Saftie lime Cwcwd 19 h#s Iwd a dfamatsc effect cn a• p￿ts ol lrfÈ. ￿a$1 fin¢ir£L*y. OUfAssDc•te Mrtsler Ra.d Kin8 RtyberP&w hes stepped up io lead St Pet•" love care SIIE hè5 orgaTrised or￿￿ne 'V￿r£￿P. and eriSuie¢ (ale ILY thosé w0l0L￿dty afferted by tre Wrus ts it& èffeds. 11 h?s treen thfficutt il nor vnposs*le to ￿rybrA1e ￿Ik at sehorsls and rare hclnes. All . hou$e-grDUP have h3tJ to cb5e ID[ IhE >nlerim p￿￿. 9￿￿t￿n￿li resl¥K#i)n rt *fa$ aÉressary io Close itse ¢hur£n buthèrig for tsrtain pÈr￿S dJnng 2021. We are pkaged Io Teport that dLriMg thv year. St Peler s Fc*)d Bank •nd 'Chn?lt￿ ¥Jafjnsl Pr￿etly, IGAPI bo¥c been a351￿lat￿l rto one chathty orwLStd Lry atxl c(￿M￿ts. Tr¥s hag Y¥¢￿ed￿.￿l Yle have put together a new VIS￿ &atement ￿￿5 Shared ￿1h Ihe Diccesè. our local PtyoT mmunlly '•Je trAie¥¢ ha￿ greal elleci ￿ Ihe b'lc ol ow martet *)wn ¥td ts pl￿h chL¥rh Into 2022 ancl be￿￿. St Peter's had to tyerate of 2021 Clvcb W￿den$, tr(rknEr Ini¥ h?> nm be•n tgrne¢Jw¥J ￿￿, In aO(Js"liun ihe FCC has grwi by new rwrbw5. AO in Éee rJtsTseKrs bewnlng to bè Ir revrtdlised fwtht lulurtr_ 2021 has seen th: nwoyiiient ol 6 wt time Par&) MTnini5uah)r. ￿ awc ploa*4 th*. Jhe Pap*￿rk ￿rden 95 t>een ljrted IT￿ OLSi.4ssot4alÈ Pl.Th5t %laiy f8PaFrs lo ¢h¢ church toof ha¥e bften SCTrOulcd ts7 31art in Fetsuary 2022: Eompleleo. +ill leave the building In cxce[￿nt skle ofrepai4. Tlw haye bew in frir 2022. but will lè£vé our reswr￿S prgfwr¢ty ¥lrei¢h•d. Plans foi I￿￿re Our I￿lUTe pl¥￿ are PiinLypaly as loa0￿ tol 2022. Overa4. Ir* Gr￿1￿￿e to seek to be¢off* a tomrY¥wffiy D mi5ycn. rnalisèa by earh member ol tho thuTch ha¥in9 a part lo play. Tij think arEd ptrt inlo effort iythl PO$4ibili*•ie5 fo¥ serknyy OLK cotrmJrriEy stsch ag. a) Haklry a lorum ¢sr in vur Grxnmunty con£erned wrfh tackbng trje wobbeffi of loneliness. h) piannmw a Sundèy ieathing series knok¥YJ a 3 n￿mber of scoal need Major repays tr) the iroth oflPr Ghjicl) slthr$9 Fer￿tsary ?￿ Te¥igW resum5 kJT the yeaF 3re set rArt tn thè sMemw)ts ctsnMef￿rY Jn pa9e S. The fjnaps>AI S￿lements show net outgong re50urce$ 01 £51.54012020- in￿1￿9 of£4.57Q! the vgr50Tr¢e is duthn to I dont11￿￿& re￿Ve0 ¥ w811 as chari1*4e ￿ti￿￿'e5 due to the CO￿￿19 ihe Su5pW￿ts￿ of i he It*el DI free reBeFyes has Yen*K)èd the set m[tr)￿ul Ihe yeJf Iwusie8s Cons￿81 t r?suls lor the year and thè Trnanci￿ pa￿￿50n a1 Ihe balance shee* rkte tts be satisfactDry. The chl￿Ch has Iotal ¥eserves 01 £197,08? 1203) - £248.fQ2} arwted for ￿adIng$. restriL*eO. and unrastrthd. Rest￿￿11 re5er¥c5 01 £43.912 <202Q - 70.6001 ¢onsisi ot tsids rn*ferted 10 frnaryce pariiwlar propds an¢J canfi￿ be used kn any other Pulp￿ Urrexr￿Ied fLfrtJs of È153 170 52020- f176.Wk2) AfteT Ma%￿9 &10¥r¥￿ fL¥ tanglle rtxed assets tn8 £55.44112020- £80.2931 in Itee re¥e.wes as at the year end. 11 1> Ihe pol￿￿ ofiiE p.ft C. th* Unrest￿ted ft>nds 4a¥e not bew 489gnated kjr a spEpftC Use should b2 mani*r*d Ht 4 level e4uivalerrt to teh%Éen tP¥ee atyj 5tx mDthh s erfpenlft. UYÈ. s hE Tru>t¢es constei ￿al re*rves al Ihis kvel 4•ill £n3we Ih*. .* the a sKJnifrant drcp In lunding. VAI be ?ble ¢0 LY>ntiTrue .e P.C.C. s currLYv. adiwit5 whAe wi$id4iation Is gI.￿n IQ Veys ID. Y•hi-h atkjibcwl fLYtos may De r&5ed. Ihi% level ol ￿selveS ha5 been myintaiDed thrwoul yEar. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S, BROMYARD TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 310ECEM8ER 2021 TheTiuslees *)ave Phè maiorriEk& to P.C.n. is ￿￿PoSed sabsfiEd thal 5ysleffts a'e ri., F4ace to FllrtNJal¢ emwsuie kn the rnlor 14%ks. Slructurè. gDV•Tnan¢è artd monwmvnt The Parothial Church Ipcn) ￿tsAp￿0¥￿Y fyJ¥emirtrJ Jxufftenis." r*e Panxhial Churth CO￿0￿ iPow5) ￿￿su￿ 19￿. as arronoed rhé ￿h￿r¢h Representation {coThlsineO ￿ Sthe&Jle 3 lo the Govwnmwt Uea5WÈ I￿. as an￿￿¢41 Th& Trusl8e3 served thè year are as described ii the legs ana athiTrstiaiNe rnfoT.rtatiin seciio ot tneSe'.nanrj￿ $1.3te1r￿S Brenda Alan Carole Ftrgard Jean Jakem Jenniler Fiankbn Jud¢h >￿11$ Re¥. rfina RobertEhaw ark Frar*Jdln ettr Ch" RL&ert klD1115 14 2021} IResr4neil 2 FebAJary 2D21) IRe8vJnÈd S 20221 Ruby Evans Stteenagh Ursula HuxtHbk Rw. ￿￿￿&¢e 8r (Re%W 14 July 2021) IResgied S Febits8ry 20211 jAwintsO 14 JJl¥ 20211 qog8T Wakifis a)d Mak FTankJip are Chufffi VbbrL*n 71*.¢ meiKod rrt apppinlrTrent pl PCC merteB Is set the Cwrch Rerffesen1knn R¢Jl&s. Ajt Chur¢h airendee& are ep.cGurw*d l? ￿￿"ster on tIE EkctDral Rc* antt stanOlpF ￿￿trOn PCC. Members of Ihe ParoG*N* GbLKch Councrl a￿ reqweJ btr '- -ronM". 5ts:en*ni ol Pwce 145ue(i on 1 Is refened to m Iho extsrt rewlali)ns btst ha5 been WiiKtr?￿. l ￿.{lerStand tè¥3 has boen Ojne FA o*éèr f?r f￿a•JaI stadsmtrnt5 to yovik o trne èni. far in 9￿C[￿a￿¢e. wikn Gene¥• AGwleJ AproJnl"ng PrathcÈ eff￿.￿￿e loi repDrlf.g reginbw)J OF 8P.ei l Jari**rrf ?Ql S. 1 tr13ve e¢YnFlelea I t>)n5rn tr.*. no fdltQTs h￿e come Eo my in wineu.yjri Yd71 "Jit eiaminathJn gNing 6ay"E ID bvli-ve thal in ar,y matwd rewj. ?B(x)uiitin9 rettsds nfjt kryjt in respett o. the P.C.n. 35 ryuireo tr? S*titin 13Q ofthè 2011 Atl. LY Ih- slaieffienLT ￿mp￿S wrii i?e 4yhtzt4e rewjiretnents Ca￿elning Ihe lorm (yJrrtrt Df w-))Jfjt5 sel Gut kn the Gharrks {AccounfS aWJ R6portsl RwlèttcTh 21kl8 Ih&ry ans reqJtremerTI In8t ￿¥'C a:rL.e aoa fair ￿Ne¥) ig Tr)1 a af.et as p3d ￿ an derrthenl etsm¥50kn0n. I ￿.￿Ve no eoncom5 aryj >we clh:¥ fnalt•¢S Ip wrHiectDn wth *e eN6Mr￿liQTh to %hthi&, alleiiLon *%.culd be diW•7t t4}5 repart in crter Ic gr￿L.L 41 prw un(k.-slaTrl5-, g gf finanoal 3takn*nts 06.'48chod. El&tat>411 Netih4mAG4 L4TA IYAn KendHII JVa(Jey L_P Gry￿a Lod 71 Gr8h3rn Khalv¥n $tsrsrFre 3 llay 201,k THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S. BROMYARD STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2021 LIn￿S￿l¢￿￿ R￿sIr4de CuTrds fund> 2121 Toul Uri'es".; RettriEte(5 fLinJs ds 2020 2fj21 ZU21 2020 202Q Ilotès Is fr(*n: 005131ioTrs aid legwies CliarittsL4e aè*vil* Iv.'JÈslmer)Is OlhÈr 36.03". 3.016 4f.A7 7,018 42 145 J_G61 3.882 341 30.398 25 )45 37 318 Tolal ii)come 48.912 74.i88 30.435 lQ4.823 C￿a￿lIab￿ acih.th,es ¥0 o)1 YJ,421 100.452 10.817 100253 Net f04rtgraiJgy Incixiiillu PFourc65 b•foro trnn$f• (24.7521 {51.54Oj <15.048; 19 618 4.570 '->ro$$ ret*Ne&nfrJn(is 11 i1rffj) 12.5fx>j 2.5Tr) Npl ¢eX￿11￿￿tLY8Yh￿orno for t}￿ yearl Nel movemont in fvfjds 124.4521 126.6881 117.$481 22 118 4.570 Fund b￿leS at I Jantsary 2x21 178,022 70 600 248.622 195.57C 48.482 244.lJ52 F￿lid balawx al 31 IMembEr 2021 153.170 43.9-.2 197 1152 176.Ctt2 7o.eoo 248,622 The statEmenl of fn3n(i?l a#*its'es tn*Ede$ 311 t4ifts and losses rocogN5ed'.fj the Wew. AU Inc￿￿[ ar.,d eyJ)enttittiit deiNc froTr.. c4yl*rir¥3 41ClVI.'lies. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S. BROMYARD BALANCE SHEET AS AT 310ECEM8ER 2021 Z•Zl 2QZ• rixed assels Tangibl& assÈts Curr￿1 assets Debtr*s Cash 01 bank and in hmd 12 07.729 9T.72 13 .037 145. 1 100.299 151.839 Grefhton: antsunts laifirw duF *ithi g y•ar 14 NEt ￿rrent assets $9.353 15CS,893 To￿1 a•sgts Jos& eurrèm l•ab4rti•ts 197.082 248.622 kn¢gtBg fvD Restl*led fwds nr lunds - Designatèd &JrKJ$ neral uni¢&trMXed fur415 15 .912 70.6OQ 153 17D 178.O¥d 153.170 178,022 197.082 246 622 The fIna￿la1 S￿le￿nts W+Yre approved bythe Trustee$ 3 May 2022 R￿. Kina Robertsha%v Trusts• THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S. BROMYARD NOTES TO THE FINANCIAL STATEMEpirs FOR THE YEAR ENDED 31 DECEPABER 2021 haiity Inf4wmatitirt The Pai￿h$31 Chwch (V. The Ecde*as*cal Par>$h & S. Petei's BfOtTryard an ￿TrIC0r￿0181e¥ .-har's r29isiered 4r* Cfarty CLYnmissth Engl?nJ and Wdles 4 he prinopal address 15 ChurGh L3n¢. BIDmyard FR74?Z 1.1 convenllpn The r.maI￿lar st3temerTls h￿e been prer*3red in 3ccarrfa￿-é Kryth ty c?￿rth Of England Kleasureg lihe par0th￿l c￿￿4S lAw￿r$i Measure I9￿ 35 an￿le￿ and the CMJ(ch Represe￿alKI1 Rule¥l 4e Charities Ad 2011 "ACC￿nb￿a aThJ REPJrt¥TrJ ky CharitEs" Stytemenl of RecoTrmended praa￿e ap*r¥bk to cbarthes prÉp**ryJ tts>r art(K¥ts ip acDc¢4èr￿ Ihe ?eporbny StarNtsr ar4cabk n IhE UK anij Repu)Ilc ol IrelarKI IFRS 1021- {as wnv*Jpd l)r acc￿￿11 Fenod5 cthty*i¥ciryJ *rom 1 .¥..u¥y 20191. The P.C.C. .$ a PU￿£ Benèm Enlity 35 éehed by FRS 1Q2. The P.C.C. has tsken adyantage of Ihe p&￿iStOn$ In SQRP lor chanbes ajpPiing rRS 102 VpO9 gulth"n 1 I￿￿10 PtewE a Sts12mÈni of Cash F¥)w Tr finawd slatrm¢nls hawe depaf4ed f￿rn *t CharttiBS {ArKwnls arKI Rews> Re9￿althy5 XSO8 on¥ to exknl reqiHred Io PTo¥Kk e true aTXI lai. ￿e￿. Thi5 *partsre hè5 iivthed +dlowro sta￿￿￿. of gecomm¢nded lof chaithes aprAywrfJ FRS 19Z r4iher weigit¥> ol ￿ St*emei)t ol Ro4XrnmEnl)Ed Pi&kce 15 refeiied to In thè Reguthns bth Ythich has 5rKe ljeen %*thdr¥*)7. fittanua siatements are preweo ￿ ste￿. wknich ts Jhe ￿nC￿OrAt wNency ol P.C.C. Paonet4ry urts in ¥i&se sta*m￿ts are ￿U￿￿O. to Ihe neare￿ £. The fin￿Val stsTemen15 have bt¢Y p'ep￿ c051 conven*on. The pmcip* ac¢ountiw4 Fdicy£S ¢ut 12 Gory At ￿ h.we ol aF¢Xtving Ihe financtal X*ements. hè T1knst￿ h¥4e a wsotryaiyg 4>¥4ctalS￿ IVI IhÈ PC.C. r.as adoqL'atE ￿$￿teS lo conmLE in opeFalwJ￿l *￿Ster￿ FQF the f￿ese￿a￿0 fthtsre. the Trustees torfinue io 8dr*t tt* gong corKem ba&5 of a￿￿Jntsn9 ￿ prepaiing tyle nnancla stalerrtnts i.J Charrtable tunds fundc ale awalat* for use * diSCret￿n of the Tr￿ Tr: hJrthernn¢e ol tPRir charitaL4e obiettr¥e5. Restrlcled K.Dty$ subFcl to Gondttk)n5 by rtonors a5 to they rw ￿%￿J. The puryx>gè5 IY tsses ofthe resNidèd are sei in Il* Tr)te5 ￿the finwial stsremwts. 1A kn¢Dmin9 r•souF¢es Income Is iectr9n15ed Ihe PC C. is *galV lo rt afteT any p￿1(￿m￿n￿ oJpdtlvJF)s ha%E teen rnpl. lh£ wrtls can ts measJred relia￿￿. aThJ il is probatrAe Ihpt Thome ￿14 t* recerivj Cash Oon3lKklS ore iecogni5ed ￿ reGeF¢. Cmber are iecognised (￿e the P.C.C. been o*.ffjed Gf Ihe dana1￿}n. tsnle95 perfcrrr*xe cor41t￿n5 require delerral ot the amDuni. I￿J￿}e tax r&o¥er•bJe io do[bat￿p5 e?4ued Lyvdor ar deed5 of tsNenant Is reu)gnis4 at Ihe t".me of IhE #cnetrffi. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S, BROMYARD MOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 Legacies we iec(wi¥ed cn receipt Jr Crth&rW￿ rf the P.C.C. has nct5fott L* an 1MpaTFJJ￿ di%tribul￿n Iht arrwnl kr￿Y*fi, r￿￿pt 1$ expecteil. If the am(vrt 15 kTr)wn, Ihe kgacy is tre*d as a conllngen4 asw. 13 Resources e¥4)endÈd ExPen0￿Ure ￿ J¢cogni£td ente tntr¢ ￿ a W g¥ )¢*éd on the bashs ol tim& ¥*èbil dEV@c￿lOn thargÈs ale alk)c31Èd on Ihe wJrtK)D oftlr a55et'¥ vse. l.£ Tangible fjxefl asstts TarwJible frAed assels are ints"31ty measured a tost 9*4e4uendy rrpawred * ¢p* ry Vwluat￿fj. nel ol the)recMtion Èr*1 any inip81Nr￿￿1loS8eS. DepFeGlalion 15 rew1￿￿ 50 as ko 4%Tiie off ts iTht or ￿u*￿)n ot #SSW5 *$5 thBir resi¢JJal wakjes t)ver l*etr useful lives on th¢ &31bwn9 bases". Freehdd land ar￿ bui>Jirg5 Nil, gi¥en estffl)IEd re￿d￿lI rJ befreEd lo e￿e$S ow e( 1.7 cash and Gash eq¥l¥alents C43h cash eqwalents in¢*Atr e•7h in hand and rfeptssrts hdd at Gauvith banks. 1.8 Flnanri•l inJtrwTrwts The P.C.=. l*s elerteG lo oppty th¢ provYJions DI ij 'aasic Finar*ial Ins¥un*rrLS' and 12 'Oltsr Finanoal 1n3lrthi￿ts Is￿. of FRS 102 10 all of it5 fr￿￿E￿I irthments. FinancHÈ inslrLmerKs are the P.C.C.¥ balance thi the P.C.C. bEwrTf5 pBrty to the contrac1￿1 proy6Kins of Ihe In$truffw*. Financkgl assets and l￿bl￿tieS are 0115èt. vAlh Ihe ainctht* Ne$en￿O fin*hei•l st¥terytnts. there ¢3 a kgalty erfforceatlE ry9ht to Set off Ihè recryysed arr￿V￿lS anri ptheie is an ifilention lo ¥ettb¢ a net basis or ID realise ts asset •KI 3ellle the142tHWy sinAAlarwxtsty B•sie fin•￿1*1 ￿$*¢$ eas(e fK)ancial s5￿1$, *knich inctk* let4ois Cash aftd bank baJarKw, pre inrtth r￿Sured at transaG'.K*n prce i￿lL￿1Th￿ transact*Jn costs ar￿ arè svbsegutTrlty e*r￿1 91 ￿￿￿%5¢d w91. Ib¢ elledive interest method. FlnantEI assets dasSif￿￿ as re¢eNJb* c￿e year we mt amorti5ed. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S. 8ROMYARD NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR ThE YEAR ENDED 31 DECEhlBER 2021 poli¢ ICY￿lin￿edl Bast tsnaF)ckil fiatm'lth'es. incixlwbg L￿dI[0[￿ arÉ inthlly w. wi- -la5srf.,ed as paYa￿e wtknn one yèar a(e That airotts5ed. Tradr Jeditors (thJations ta pay lor yODtts (K se￿￿£S thèi have ac(BJired the f uperal.,ws Irom wpliers. /*.mouDIs LByd)le We dassthed as ctsryenp. Itabtltses Il paymEnl ts du2 wrttvrl ?rr year Ji less. 11 wl. are Fxeser4ed as rOTr￿lIty￿ kabli11￿.-" raoe cied*tor5 J¢ recu9115ed ifjA*ally al if3ftsadio¥ ryice ano wb5eouendy Treasttyed ￿ afflorttsed CQStusmp thc effecti¥e intsreat ft*thtsd. FirxinDal li&*kties derwnis•J Ihe P.¢.￿. $ IX71traetuaJ objigal￿￿5 exptr¥ [* gr¢ dB(thor9èY Cel￿d 1.9 Employee benpfits The cost of ￿ vnused hc4hYay is In the peftod in ¥Wh￿ the empwee s 5ew¥KZS are reces￿1. T¢rrTrrobon tw.efits ai8 teCO9nis•O Imrnedrfety as ￿. expenoe ￿en tho P.C..C is demonstrabty trytjmdted terminate the enwtoyrrETrt gf ?D tmpknyte oi Trè wwdetem?instran vcreffit¥. Cntbcal accounting •8tim•fv# w¥tJLMlgem•nt* In Ihe 3ppI>CaTr￿n OS the P C.C.'s poh'¢•s. thè Iru5tees rts￿ed lo m2ke Iw9ements. e511Jnates and awMpliDn& atxxrt Ihe •ryir¥J of assets an￿ liatrilts.es that aTe not readty arwaient froTri o:ITer sryJrce¥ The eslimates and a55W31E£I assU￿v￿On$ We basad on histo*y&¥ e¥pwÈrt2 and IIEr fado¥5 t?0. we con%dered to be Teleyart Athal f¢sull¥ afftrfroiii t￿￿e eslmates. The estFrr.ales and MndLytyrrfJ a5wnk*NJn5 rtvie*d on an w.￿ing bas55. Revisltblg Its 3¢couftting e*5mates •e fecLxJr*se£S per((I ¥phtct the e5h'male"s te¥ipd vthere Ihe re¥isp)n aftrJ5 Only ltsl pEiicd, Ihe Fencd pl the ond f￿1¢ye wttere lJ)è rè¥tSKJn &Yects ¥rrth eutr*)l and luI￿r9 pe11￿1$. Donats"ons al￿ legacie5 Unrestric*d Restricts fur•ds lthnds n•r•l Total lknfe5t￿ed Re$￿tts luTrg5 fLrt$ Totsl 2021 Z1121 20 2020 2020 2020 3J*8lJons and -e9ac..e5 receivarlp. 37.031 i.DGQ 3.616 4Q 647 70,(61 35,931 3.676 41647 lQfr.459 THE PAROCHIAL CHURCPI COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S, BROMYARD NOTES TC THE FINANCIAL STATEMEMTS (CONTINUED) FOR THE YEAR ENQED 31 DECEMBER 2021 Charblablt •ttS¥tli 2021 2•20 ClThlmasTree FesSyal 25 15Q 3.707 FunwaL£ and VsÈi*Jiros 7.055 107B The Bbo¥e fdates to unrestrLte(l thibe$12019. unTeslrtl&a acth"¥iiies). Unr05trictsJ R•¥tri¢ted fund5 fijndy 9enBral 2021 Total Vryeslncted Resttict funds Tota; 2021 2•21 2020 202 2020 IntEres1 ietti¥at* 17 42 37 378 Oth&r In¢on* Unrèstrietéd UfYeStlSekd 1unds hjnds gewal 9&nerèl 2021 2020 Sundry Inco 145 All rclates to iawe5tr¥ciert aG￿￿￿S12020. wwe*iiued aJTvIL￿J. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S, BROMYARD NOTES TO THE FINANCIAL STATEMEiifs ICONTINUEDI FOR THE YEAR ENDED 31 DECEM8ER 2021 Charilable aGti¥rtles Casts ol ChariraDbe rnifilstry Objecti¥es 2021 2021 Total 2021 Costs ￿ Ch3rilable ministry Obsect?ves 2020 20211 Totsi 202 30,422 2S,134 10 817 52.750 4.948 3.750 194 10.676 1.607 313 10.817 S2 760 5.053 3.766 194 10.676 1.601 26.134 4.425 4.140 47 Inwr311te Hral and Lighl 478 104 4.140 247 6.97-. 3. 117 1205 hur¢h Upkepp hurch senf1ce expeTrse5 Sbpity ￿￿SeS OLrtr¢8ch m..swJn 3.112 1205 8620 4.220 8.62ti 8.064 4.245 4.245 Othe." c￿rIta* e￿e￿a￿llre 3335 2.817 2.817 92 834 478 93.312 704 98.313 Sknaie ol sutw1 costs IseÈ nrt.È 81 Shale ol go¥ernan• costs y￿16 81 0.240 6.240 040 1.040 90Q 900 99.974 478 1QO.452 100 149 100,253 anaty5i5 by fuFKI UTrie51rided lupOs- genwal 69.553 30.421 475 70.031 30.421 89.312 10_817 1GI 89,436 10,817 59.974 476 1)0.452 1G.0.149 IC4 IIKJ,253 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S, BROMYARD NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENQEQ 31 DECEMBER Z021 Syppgrt Costs Stspport G￿M￿nEe 9515 Costs 2021 2020 Baals ol ￿9¢￿trO Stsff fP515 24Q 6240 1.940 ITrEleprnd¢nl ew¥r¢rz fees (knemance 900 900 1.940 Analywj bel%setsN Charilat4e acliviti"e$ 6240 7.140 1.940 Goyornarko costs itludos pahYnÉrts ia accowtants £￿￿). <.wJilart$ fee5) ft¥ deperKSent exarnination tes. yone otthE Ttbjsteés loy any pers(x)s conn*d thvnj rewved arry len￿jAtf#I￿ or tenefjls fffjm P.C.C. dwiThJ the year. IFuslee$12020 - nts} w*re re.imbuwd txpenses 10 Emkn 1 employee Otsring the year 2￿(￿1.) 2021 2020 'JV>¥ 3rbJ 6.240 11 Tr•twlw Translers trttn matJE belvEerJ wwestri*d and ￿ndS tltyj 12020 - £2.500> Its Lkay oer￿ ar￿Ing OD PIti￿- ts. 12. THE PAROC141AL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S, BROMYARD NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENOED 31 DECEMBER 2021 12 Tangible fixed a532ts At l J8nu7ry 97 729 At 31 2021 97.<29 C•rrylng amou At 31 Detsmber 2W21 97.72 At 31 20211 S7,729 13 D•btOf8 X121 2020 Amouni¥ falllry OT￿ ye•r.' PrepayTh￿nIs aid ¥u>me 4.262 6.679 14 Cvwvjlltys: Imoynts laHtrI9 ￿1h5n year X)21 2020 Acuuals aTrJ delerfed irer*ne 946 co LIZ THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S, BROMYARD NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEM8ER 2021 1fj DÈsignaitdlunts T1￿. Inconw knntts ol .thÈ Chariiy loMowin9 wlxh have beon a$Kk wt of unre*iGted ftsid5 by the Intslees for Specif￿ PLJrptsses AIo¥oThM bn luthd5 l Jarrt4ry 20 50UffU M tkncn*or IniergeneFathgn?I M$S￿ner 12 828 12 1840) 28 Th¢ is a fund de*woled by the PCC lor svpporf Jnl ￿+[￿ ol the Inkrger¢r*rnal Mi55¢0ner. 16- T>ry VJ r ¢11 VJ C£ QV •J THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER'S, BROMYARD NOTES TO THE FINANCIAL STATEMEKfs ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 1J Relatèd party trafwlfjons no d￿￿￿ble rejaied party*¥￿t￿On5 year j2020- n￿1.