2020-12-31-accounts

	Contents ofthe Financial Statements frh r n 1D	Contents ofthe Financial Statements frh r n 1D
				Page
Reference	and Administrative Details
Report of	the Trustees		2	to	5
Report of	the Independent Auditors		6	to	8
Statement	of Financial Activities
Statement	of Financial Position			10
Notes to the Financial Statements			11	to	17

Trustees		Agnes Abrahim		(resigned	(resigned	3"December 2020)
		Paul Bailey
		Peter John Bigley
		Hazel Bloxham
		Gillian Elizabeth		Devise
		Christine Granby
		Lloyd Leaberd	Hamilton
		Rebecca Lucy	Howard
		Kevin Love
		Joan McDonald
		Ursula Pitt (resigned tge				October 2020)
		Gary Roberts
		Martyn Roy Treadgold
		Ven. Archdeacon		ofWslsall
Principal address		cfo Mrs JSStyler
		8Yamborough	Hill
		Stourbridge
		West Midlands
		DYS2EB
Registered	charity number	216308
Auditors		Haines Watts Birmingham				LLP
		5-6 Grssnfield	Crescent
		Edgbaston
		Birmingham
		8153BE
Bankers		National Westminster			Bank Ptc
		309High Street
		West Bromwich
		West Midlands
		B708LX

		f	r th r	31 Decemb	er 2020
						2020	2019
				Revenue	Capital	Total	Total
				fund	fund	funds	funds
			Notes	6	6	6	6
Income and endowments		from
Investment income			2	4,706	206,382	211,088	421,683
Total income				4,706	206,382	211,oes	421,683
Expenditure on
Raising funds			3	3,609	18,696	22,305	91,008
Charitable activities			4
- Grant giving				Tes,sst		783,841	605,445
Total expenditure				787,450	18,696	806,146	696,453
Net gains/(losses)	on investments			DDDDD	~2l3004)	~703,M4)	1846625
Net (expenditure)/Income				(732,744)	(55,378)	(788,122)	1,571,855
Transfers between funds			12	537,000	~M7.500)
Net movement in	funds			(195,235)	(592,887)	(788,122)	1,571,855
Reconciliation of	funds
Total funds brought	forward			777,897	16,167,939	16,945,836	15,373,981
Total funds carried forward				502,M2	10575 D52	16157714	10.040.036

						2020	2019
				Revenue	Capital	Total	Total
				fund	fund	funds	funds
			Notes	8	6	8	6
Fixed assets
Investments
Investments			8		14,561,382	14,581,382	15,145,291
Investment	property		9	190000	1,013670	13036711	1,184,335
				190,000	15,575,052	15,785,052	16,329,626
Current assets
Debtors			10	29,638		29,638	16,071
Cash at bank				373,463		373,483	643,656
				403,101		403,101	659,727
Credkors
Amounts falling due within one year			11	(109439)		(10,439)	(43,517)
Net current	assets			392,862		392,882	616,210
Total assets		less current IlabEities		582,662	15,575,052	18,157,714	16,945,636
NET ASSETS				582,662	15,575,052	16,157,714	16,945,836
Funds
Unrestricted		funds				582,862	777,597
Restricted funds						15,575,052	16,167,939
Totalfunds						10157714	15045.030

						2020	2019
						6	6
Contributions		to Parish Church Councils				531,209	328,874
Contributions Contributions		to incumbents to incumbents'	stipsnds and lay	snd trust funded workers workers' expenses		216,610 ~6730	230,352 19,056
						754,549	623,744
Support costs		- Secretarial fees				2,850	2,750
Support costs		-Clerk's fees				15,000	15,000
Governance	costs (ses nots		5)			10,452	9,513
						~782851	605,445
						2020	2019
						6	6
ibutions	to Parish Church		Councils
A9 Saints				Administration	grant	10,000	10,000
				Lighting		4,120	2,750
				Drainage works		130,353	8,020
				Fire assessment			1,538
				Fire alarm		17,371
				Architects fees		10,796
				Archaeologists	fees	2,702
				Hopkins dnve			11,228
St Mary Magdalene				Administration	grant	10,000	10,000
				Electrical repairs			2,046
Good Shepherd				Administration	grant		10,000
Holy Trinity				Administration	grant	10,000	10,000
				CCTV			693
				Flooring repairs			2,635
				Jubilee bibles			2,427
				Defibrillator			2,890
				Jubilee bursary		7,150
StAndrews				Administration	grant	10,000	10,000
				Defibdillstor			1,432
				Furniture purchases			1,850
				Plaster repairs			930
				Decoration		7,977	1,440
				Lighting			2,270
StFrancis'				Administration	grant	10,000	10,000
				Car park planning fees		930
				Refurbishments		5,824
				Architects fees		2,520
StJames'				Adminlstragon	grant	10,000	10,000
				Safe Families fcr Children		8,667	4,750
				Boiler replacement			10,960
				CCTV			399
				Bathroom works		3,600
				Balcony room			720
				West Bromwich	youth project	1,194
St Paul's				Administration	grant	10,000	10,000
				Safe Families for Children		8,667	4,750
				Seating casts		1$,220	13,950
Carrisd forward						288,091	157,888

						n il
											2020 f	2019 f
Brought forward											295,091	157,668
StPeter's							Administration		grant		10,000	10.000
							Safe Families for			Children	8,657	4,750
							Reordering					2,004
							Roof repairs				40,010	118,860
							Architects fees				3480	7,860
							Kitchen works				16,180
							VAT refund				(11,563)
St Phi5ip's							Administration		and music grant		10,000	10,000
							Tree fe8lng				1r300
							Lighting				5,400
Sandwell	Churches			Link			Work grant				10,000	5,000
Transforming		Communities					Just Finance	minister			10,000	600
West Bromwich			Youth Protect									11,833
Contribution		to churches'			Parish Share						1$1,944
(rs; pandemic)
											~531209	~328674
											2020 f	2019 f
Contributions		to	incumbents'			and lay workers'	expenses
West Bromwich			Deanery		Synod		Expenses				4,200	4,200
Holy Trinity							Ministry trainee				1,575	5,775
A8 Saints							Vicar sedling		in	aaowancs
A8 Saints							Curate setaing			in allowance		2,500
St Mary Magdalene							Sedling in allowance					1,250
St Paul's							Children's	worker expenses				1,581
St Andrew'	s						Ssdling in allowance					1,250
St Andrew'	s						Workers expanses				408
StJames'							Settling in allowance					2,500
											6,730	19,056
											2020 6	2010 f
Contributions		to	incumbents'			sbponds and trust funded workers
A8 Saints											64,412	66,755
Holy Trinity											36,815	38,905
StAndrew'	s										11,771	14,363
St Francis'											11,771	14,363
StJemesySt		Paul's									35,454	21,208
St Peter's											2,551	9,957
St Phi8ip's											5,885	7,181
Workplace missioner West Bromwich Pioneer Leader											20,582 ~27369	26,889 ~30731
											~216610	230 352

					2020	2019
					6	6
Auditors'	remuneration				7,740	6,750
Auditors'	remunersfion	for	non-audit	work	3,702	2,863
					11,442	9,613

Compsrstives forthe stat	ement offinancial acti	vities-year ended 31 Dece	mber 2019
		Revenue	Capital	Total
		fund	fund	funds
		6	8	8
Income and endowments	from
Investment income		11,262	410,421	421,683
Total income		11,262	410,421	421,683
Expendkure on
Raising funds		6,208	84,800	91,008
Charitable activities
—Grant giving		605,445		605445
Total expenditure		611,653	84,800	696,453
Net gains on investments			1,846,625	1,846,625
Net (expenditure)/income		(600,391)	2,172,246	1,571,855
Transfers between funds		1.232.183	~1.232.1837
Net movement in funds		631,792	940,063	1,571,855
Reconcgladon offunds
Total funds brought forward		146,105	15,227,876	15,373,981
Total funds carried forward		777.897	16,187,839	16898836

The market value of investments as at 31 December 2020 69,387,455(2019:f3,308,449).The balance relates to investment	The market value of investments as at 31 December 2020 69,387,455(2019:f3,308,449).The balance relates to investment	The market value of investments as at 31 December 2020 69,387,455(2019:f3,308,449).The balance relates to investment	The market value of investments as at 31 December 2020 69,387,455(2019:f3,308,449).The balance relates to investment	The market value of investments as at 31 December 2020 69,387,455(2019:f3,308,449).The balance relates to investment	The market value of investments as at 31 December 2020 69,387,455(2019:f3,308,449).The balance relates to investment	The market value of investments as at 31 December 2020 69,387,455(2019:f3,308,449).The balance relates to investment	attributable assets held	to assets held in the UK.	to assets held in the UK.	outside	the UK is
The fair value ofthe	fixed asset		investments		is made up of:
									2020		2019
									6		6
Investments —Bardays Wealth								735,970		14,802,290
Cash held with porffolio —Bardays Wealth											224,790
Investmsnts —CCLA								13020 412			118,211
								14,001 302		15	140.201
Investment property
Fair value
At 1January2020										1,184,335
Disposals											(30,665)
Revaluation											50,000
At 31 December 2020										~1	"203670
The fair value ofinvestment		property		is made up of:
									2020		2019
									6		6
Revenuefund
210Friar Park Road	(Purchased		September		2008)			190,000			140,000
Capital fund
Ground rents								1,013,670		1,044,335
								1203010		1	104.335

						2020f	2019f
	Lichfield Diocesan Board of Finanos					23,385
	Rents and insurance outstanding					5,068	3,803
	Accrued dividend income					1,185	12,268
						29,638	16,071
11.	Creditors: amounts falling due within one year					2020f	2019f
	Accruals and deferred income					10,439	31,137
	Lichfield Diocesan Board of Finance						12,380
						10,439	43,517
12.	Movement In funds
					Revenue	Capital	Total
					fund f	fund f	f
	At 1 January 2020				777,897	16,167,939	16,945,836
	Net (outgoing)fincoming resources Transfer between funds				(782,744) 037.000	187,686 ~037.609)	(595,058)
					532,662	15,818,116	16,350,778
	Realised losses on sale of investments					(1,206,761)	(1,206,761)
	Realised losses on sale ofinvestment		property			(1,665)	(1,665)
	Unrealised gains on revaluation	ofinvestments				965,362	965,362
	Unrealised gains on revaluation	of investment		property	50,000		50,000
					5D DDD	~243004)~493004)
	At 31December 2020				002,002	15575052	1015771~