2020-12-31-accounts

		Page
Legal and administrative information
Trustees report		2-5
Auditors' report to the	trustees	6-8
Statement offinancial	activities	9-14
Balance sheet		15
Notes to the financial	statements	16-20

Charity number	Charity number	239857
Registered	office	Hagley Road
		Edgbaston
		Birmingham
		B168UE
Trustees		The Very Reverend		Ignatius		Harrison
		The Reverend	Anton	Guziel
		The Reverend	Gareth Jones				Resigned 2 February 2021
		The Reverend	Dominic		Edwards		Appointed	2 February 2021
Auditors		Bamett Ravenscroft		Limited
		13Portland Road
		Edgbaston
		Birmingham
		B169HN
Bankers		Svenska Handlesbanken			AB
		Handlesbanken	Corporate Dept.
		3rd Floor
		67 Temple Row
		B25LF
		LloydsTSB Bank pic
		Five Ways
		Edgbaston
		Birmingham
		B151QL
Solicitors		Shakespeares	Martineau		Solicitors
		Somerset House
		Temple Street
		Birmingham
		B25DJ
Investment	Managers	Wealthtime
		The Oak House
		Barford Lane
		Downton
		Salisbury
		SP5 3QA

			Unrestricted	Restricted	2020	2019
			funds	funds	Total	Total
			8
Main Trust Church aud Parish Canoni sati on Fund			318,077 269,179	875	318,077 269,179 875	62,095 242,450 36,751
Total incoming resources			587,256	875	588,131	341.296
R~dd
Charitable activities and su		ort costs .
Main Trust Church aud Parish Canouisaiion Fund			657,231 198,551	173	657,231 198.551 173	568,932 318,644 57,668
Governance costs:			855,782	173	855,955	945,244
Audit fees			7,620		7,620	7,630
Total resources expended			863,402	173	863,575	952,874
Net outgoing resources before other
recognised gains and losses for the year Profit on disposal oftangible fixed assets			(276,146)	702	(275,444)	(61 1,578)
Net incoming/(outgoing)	resources before
other recognised gains and		losses	(276,146)	702	(275,444)	(611.578)
Other reco ' ed sins and		losses
Listed Investments:
Realised Unrealised luvesimeni management	costs		90,377 356,263 (75,295)		90,377 356,263 (75,295)	42.845 875,101 (80,507)
			371,345		371,345	837,439
Net movement in funds Total funds brought forward			95,199 15,517,516	702 95,901 (103,646) 15,413,870		225,861 15,188,009
Total funds carried forward			15,612,715	(102,944) 15,509,771		15,413,870

					2020	2019
					Total	Total
Main Trust Income resources from charitable				activities '		g
~Il 0 d	'I
Benefactions					263,238	7,413
Sundry income					315	3,481
Museum					750	380
Furlough claims					1,935
Royalties and book		sales			3,632	4,724
					269,870	15,998
Investment income
Rents receivable					47,898	44,645
Income and fixed	interest receipts				309	1,452
					48,207	46,097
Total					318,077	62,095
					2020	2019
					Total	Total
Church and Parish						g
Income resources from charitable				activities
~Dti d	'f
Offertory collections					101,013	105,623
Diocesan collections		and levies				240
Other collections	and levies				16,531	43,575
Collections for third		parties			7,690	13,025
Other donations					2,557	3,861
Restoration fund					48,196	9,935
Furlough claims					3,869
Grants received for roof restoration						7,480
Gift Aid Provision					49,998	776
Sundries					131	6,911
					229,985	189,874
Incomin resourcesfrom			eneratin	funds
Weddings, funerals,		candles,	alms and stole fees		30,588	34,398
Piety stall					3,066	10,882
Chaplaincies					2,350
Room hire and sale ofrefreshments					3,190	7,296
					39,194	52,576
Total					269,179	242,450

			2020	2019
			Total	Total
Canonisation	Fund			5
Income resources from charitable ~Di d 1h		activities
Donations			875	36,751
			875	36,751

				2020	2019
				Total	Total
Charities activities and su		ort .
Main Trust
Community allowances				59,753	54,968
Rev 1Tolhurst				6,852	6,852
Provisions and catering				37,949	45,603
Temporary kitchen	staff			5,481	14,853
Repairs and renovations				48,595	113,617
Cardinal Newman	library	and room		364,667	1,394
Fire safety works					137,585
Newman museum					69,787
Legal fees				5,402	5,500
Light, heat and water				22,451	19,917
Insurances				17,804	17,343
Postage, printing and stationery				537
Council tax				6,064	5,811
Telephones				964	1,095
Computer expenses				3,497	3,577
Motor and travel expenses				11,709	12,588
Staff wages, social	security and pension costs (less the Archivist's		reimbursements)	50,062	45,456
Household cleaning				8,901	6,972
Sundries				5,728	5,067
Bank charges				815	947
				657,231	568,932

		2020	2019
		Total	Total
Charities activities and su	ort		5
Church and Parish
Music provision		37,576	50,438
Organ servicing		1,761	3,212
Altar society purchases		135	2,607
Parish expenses		3,342	16,098
Light, heat and water		11,621	17,489
Insurances		31,769	29,915
Repairs and maintenance		14,816	7,103
Newman shrine			66,275
Candles, particles and wine		7,130	10,732
Donations and honoraria		90	405
Vestments		1,115	3,226
Legal fees		1,050
Bank charges		1,072	1,834
Telephone		964	1,095
Computer expenses		3,497	3,577
Staff wages, social security and pension costs		62,914	70,258
Advertising		10
Church cleaning		1,586	3,750
Sundries		3,534	3,548
Collections remitted		10,972	20,227
Church stall		3,597	6,855
		198,551	318,644
Total		855,782	887,576

			2020	2019
			Total	Total
Charities activities and su		ort .
Canonisation	Fund
Website	hosting costs		173	l6,092
Printing				561
			173	16,653

					2020		2019
			Notes
Fixed assets
Tangible assets					5,920,897		5,916,897
Investments
Listed investments					9,067,975		9,070,319
					14,988,872		14,987,216
Current assets
Debtors				3,201		39,283
Short term deposits				232,535		185,016
Cash at bank	and in hand			418,384		248,113
				654,120		472,412
Creditors:	amounts	falling
due within	one year		7	(133,221)		(45,756)
Net current	assets				520,899		426,656
Net assets					15,509,771		15,413,872
Represented by Funds
Unrestricted	funds:
General fund					8,713,343		8,977,416
Revaluation	reserve				6,899,372		6,540,101
					15,612,715		15,517,517
Restricted Funds
Newman Canonisation		Fund			(102,944)		(103,645)
Total funds					15,509,771		15,413,872

Salaries and wages
	2020	2019
	g
Wages and salaries	106,729	111,411
Social security costs	4,576	2,761
Pension costs	1,671	1,542
	112,976	115,714

full time equ	ivalen	ts, was as follows:
			2020	2019
			Number	Number
Sacristan
Management	and	administration
Doormen
Archivist
Catering

to financial statements e year ended 31December 2020
	Land and	Fixtures,
Tangible fixed assets	buildings	fittings and	Motor
	freehold	equipment	vehicles	Total
				g
Cost
At 1 January 2020 and
At 31December 2020	5,916,897	39,153	4,000	5,960,050
Depreciation
At 1 January 2020 and
At 31 December 2020		39,153		39,153
Net book values
At 31December 2020	5,916,897		4,000	5,920,897
At 31 December 2019	5,916,897		4,000	5,920,896

Fixed asset investments
	2020	2019
		g
Listed Investments
Cost
At 1 January 2020	7,838,535	8,422,035
Withdrawals	(501,980)	(268,295)
Disposals	(417,187)	(315,205)
At 31December 2020	6,919,368	7,838,535
Surplus/(deficit) on revaluation
At 1 January 2020	773,868	1,064,158
Eliminated on disposals	(773,868)	(1,064,158)
Adjustment for the year	2,150,951	773,868
At 31December 2020	2,150,951	773,868
Market value
At 31 December 2020	9,070,319	8,612,403
At 31 December 2019	8,612,403	9,486,193
Investments at market value comprised
Equities and unit trusts	9,070,319	8,612,403
	9,070,319	8,612,403

Debtors
	2020	2019
	g	g
Sundry debtors and prepayments	3,201	39,283
Short term deposits	232,535	185,016
	235,736	224,299

for	the year ended 31D	ecember 2020
7.	Creditors: amounts	falling due
	within one year		2020	2019
			g
	Other creditors and collections not remitted		103,677	11,156
	Accruals and deferred	income	29,544	34,600
			133,221	45,756

Analysis ofnet assets by fund
	General	Revaluation	Restricted	Total
	funds	funds	funds	funds
	g
Fixed assets	8,713,342	6,899,372		15,612,714
Net current assets/(liabilities)			(102,944)	(102,944)
Net assets	8,713,342	6,899,372	(102,944)	15,509,770