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2020-12-31-accounts

TABLE OF CONTENTS Page Number
Foreword
Legal Objects
Strategic Aims and Objectives
Activities and Achievements in the Year
Future Plans
Financial
Review
Principal
Risks and Uncertainties		 13
Structure,
Governance
and Management		 14
Trustees'
Responsibilities		 16
Administrative
Details		 18
Independent
Auditor's
Report		 20
Statement of Financial Activities 23
Income and Expenditure Account 24
Balance Sheet 25
Cash Flow Statement 26
Notes to the Financial Statements 27

Rejuvenated
strand		 ofthe strategy.
The table below		 shows our progress to date:
Target Target Current
number number
2025 2020
Resourcing
Churches		 12
New Congregations Sheffield & Rotherham 25
New Congregations Doncaster 25
New Congregations Schools 25

As Restated
Unrestricted funds Restricted Endowment Total Total
General Designated Funds Funds 2020 2019
Note E'000 E'000 E'000 E'000 E'000 E'000
Income and endowments from
Donations
Parish contributions 3,974 5 3,979 4,618
Archbishops'
Council		 600 2,923 3,523 3,142
Other donations 176 154 335 665 450
Charitable
activities		 390 390 596
Other activities 270 17 287 255
Investments 132 543 40 715 727
5,542 154 3,823 40 9,559 9,788
Expenditure
on
Raising funds 113 113 130
Charitable
activities		 5,285 285 4,019 3 9,592 9,781
5,398 285 4,019 3 9,705 9,911
Net Income / (expenditure) before Investment gains (131) (196) 37 (146) (123)
Net gains / (losses) on investments 241 447 476 1,164 2,758
Net income / (expenditure) for year 385 (131) 251 513 1,018 2,635
Transfer between
funds		 148 (185) 37
Other recognised
gains /		 (losses)
Gains on fixed assets 27 391 418 644
Actuarial gain / (loss) on
defined
benefit scheme		 1,468
Net movements
in funds		 560 (316) 288 904 1,436 4,747
Total funds brought forward 5,350 473 8,283 44,056 58,162 53,415
Total funds carried forward 18 5,910 157 8,571 44,960 59,598 58,162

Total Total
2020 2019
f.'000 6'000
Total income 9,519 9,748
Resources expended 9,702 9,911
(183) (163)
Net gains / (loss) on investments 688 1,652
1,489
Other comprehensive income
Net gain on fixed assets 27 342
Net assets transferred from endowments
Actuarial
gain /(loss)		 on defined benefit scheme 1,468
3,299
Total Total
2020 2019
6'000 E'000
Incoming resources per SoFA 9459 9,788
less total endowment additions (40) (40)
9,519 9,748
Resources expended per SoFA 9,705 9,911
less expenditure
charged to endowment		 capital (3)
Total comprehensive income 9,702 9,911

Company
Nu		 mber - 196 087
As Restated
Unrestricted funds Restricted Endowment Total Total
General Designated Funds Funds 2020 2019
Note E'000 E'000 E'000 E'000 E'000 E'000
FIXEDASSETS
Tangible fixed assets 13 2,563 31.825 34,388 33,979
Investments 14 4,235 7,894 12,075 24,204 24,095
6,798 7,894 43,900 58,592 58,074
CURRENT ASSETS
Debtors 15 32 556 588 872
Cash at bank and in hand 640 157 366 1,070 2,233 1,887
672 157 922 1,070 2,821 2,759
CREDITORS: amount faglng due
within one year 16 (400) (170) (10) (580) (985)
272 157 752 1,060 2,241 1,774
TOTAL ASSETS LESSCURRENT
LIABILITIES 7,070 157 8,646 44,960 60,833 59,848
CREDITORS:amount
after more than one		 faglng due
year		 17 (740) (75) (815) (914)
Net assets excluding pension liabilities 6,330 157 8,571 44,960 60,018 58,934
Defined benefit pension liabilities 23 (420) (420) (772)
NETASSETS 5,910 157 8,571 44,960 59,598 58,162
FUNDS
Endowment funds 44,960 44,960 44,056
Restricted funds 8.571 - 8,571 8,283
Unrestricted funds 5,910 157 6,067 5,823
5,910 157 8,571 44,960 59,598 58,162

As restated
2020 2019
E'000 E'000 E'000 E'000
Net cash (outflow) from operating activities
(1,320) (1,123)
Cash flow from investing activities
Dividends,
interest
and rent		 from investments 715 727
Interest paid (38) (37)
Proceeds from the sale of:
Tangible fixed assets 619 1,877
Fixed assets investments 1,298 196
Purchase of:
Tangible fixed assets for the use ofthe SDBF (853) (51)
Fixed assets investments (14) (1,805)
Net cash provided
by /(used
activities		 in) investing 1,727 907
Cash flow form financing activities
Loans repaid by the 5DBF (108) (34)
Loans repaid to the SDBF 47 102
(61)
Change In cash and cash equivalents in the
reporting
period		 346 (148)
Cash and cash equivalents
at1January		 1,887 2,035
Cash and cash equivalents
at		 31December 2,233 1,887
Recondliation
ofnet income		 / (expenditure) to
net cash flow from operating activities
Net Income / (expenditure) for the year ended 31
December 1,018 2,635
Adjustments
for:
Depreciation
charge		 14 13
Dividends,
Interest and rent from investments		 (715) (727)
Interest paid 38 38
Advancement
ofloans		 (5)
(Increase) / Decrease in debtors 237 (136)
(Decrease) in creditors (396) (1,332)
(Decrease) in Pension
Liability		 (352) (370)
Pension scheme deficit (increase) / decrease 1,519
Unreaiised
(gains) / losses on		 investments (1,164) (2,758)
Net cash (used in) operating activities (1,320) (1,123)
Analysis ofcash and cash equivalents
Cash at bank and in hand 2,233 1,887

before then.
Unrestricted funds Restricted Endowment Total Total
General
Designated		 Funds Funds 2020 2019
6'000 6'000 f'000 6'000 6'000 f'000
Current year
Parish contributions 3,532 3,537 4,179
Receipts for previous years 55 55 49
3,587 3,592 4,228
Parish assistant staff 387 387 390
3,974 3,979 4,618
Archbishops' Councg
Unrestricted funds Restricted Endowment Total Total
General
Designated		 Funds Funds 2020 2019
E'000 6'000 6'000 f'000 f'000 6'000
LINC and Transition Funding' 1,798 1,798 1,839
Strategic Development Fund 743 743 747
Sustainability Fund'* 600 600
Capacity Funding 114 114 211
Resourcing
Ministerial		 Education 268 268 224
Restructuring Fund 121
600 2,923 3,523 3,142

Unrestricted funds Restricted Endowment Total Total
General
Designated		 Funds Funds 2020 2019
E'000 E'000 E'000 f'000 f'000 6'000
Allchurches Trust grant 154 154 148
Church Burgesses 75 75 75
Donations 176 260 436 227
176 154 335 665 450
3. CHARITABLE ACTIVITIES Unrestricted funds Restricted Endowment Total Total
General
Designated		 Funds Funds 2020 2019
F.'000 E'000 6'000 E'000 e000 f'000
Statutory fees 244 244 389
Guaranteed annuities 1 1 1
Chaplaincy and other 105 105 135
Education 40 40 71
390 390 596
30 j Page

4. OTHER ACllVITIES Unrestricted funds Restricted Endowment Total Total
General
Designated		 Funds Funds 2020 2019
E'000 E'000 E'000 E'000 E'OM E'000
Housing income 270 17 287 255
270 17 287 255
5. INVESTMENT INCOME Unrestdcted funds Restricted Endowment Total
General
Designated		 Funds Funds 2020 2019
E'000 E'000 E'000 E'000 E'MO 6'000
Dividend
receivable		 128 413 40 581 566
Interest receivable 4 2 6 18
Rents receivable 128 128 143
132 543 40 715 727
6. FUND RAISING COSTS Unrestricted funds Restricted Endowment Total Total
General
Designated		 Fuiids Funds 2020 2019
E'000 E'000 E'000 E'000 6'000 E'000
Glebe agent's fee 83 83
Parsonage
rentai costs		 30 30 30
113 113 130

7. CHARITABLE ACTIVITIES CHARITABLE ACTIVITIES
Unrestricted
funds		 Restricted Endowment Total Tots I
General
Designated		 Funds Funds 2020 2019
6'000 6'000 6'000 6'000 6'000 6'000
Contributions
toArchbishops'		 Council
Training for ministry 188 188 188
National church responsibilities 141 141 149
Grants and provisions 16 16 16
Mission agency pension costs 7 7 2
Retired clergy housing costs 67 67 64
Pooling ofordinands
maintenance		 grants (30) (30) (100)
General Synod expenses 4 4 4
393 393 323
Resourcing
Ministry and Mission
Parish Ministry
Stipends and national insurance 982 73 2,08S — 3,143 3,316
Pension contribution 701 20 721 749
Housing costs 1,083 23 1,106 959
Removal, resettlement and grants 106 106 31
Other expenses 285 149 480 914 1,122
3,157 265 2,56S 5,990 6,177
Support for parish
ministry		 1,510 20 15 3 1,548 1,558
4,667 285 2,583 3 7,538 7,735
Expenditure
Support for church schools and parishes 136 104 240 319
Projects 89 1,332 1,421 1,404
225 1.436 1,661 1,723
5,285 285 4,019 3 9,592 9,781
S. OTHER RESOURCES EXPENDED
Unrestricted funds Restricted Endowment Total Total
General
Designated		 Funds Funds 2020 2019
6'000 6'000 6'000 6'000 6'000 6'000
Change in pension
liabilities		 (1,468)

Activities Grant
Undertaken Funding of Support
Costs		 Total Costs
2020
Directly Activities
E'000 E'000 E'000
Raising funds 113 113
Charitable
activities:
Contributions to Archbishops' Council 393 393
Resourcing parish ministry 5,003 2,088 7,538
schools and Projects 1,661 1,661
5,116 4,142 447 9,705
Activities Grant
Undertaken
Directly		 Funding of
Activities		 Support
Costs		 Total Costs
2019
E'000 E'000 5'000 E'000
Raising funds 130 130
Charitable
activities:
Contributions to Archbishops' Council 323 323
Resourcing padsh ministry 5,200 2,090 7,735
Schools and Projects 1,723 1,723
5,330 4,136 445 9,911

ANALYSIS OF SUPPORT COSTS
Unrestricted funds Restricted Endowment Total
General
Designated		 Funds Funds 2020
E'000 E'000 E'000 E'000 E'000
Central administration 364 364
Governance:
Externalaudit 21 21
Registrar and Chancellor 58 58
Diocesan Synodical costs 4 4
447
Unrestricted funds Restricted Endowment Total
General
Designated		 Funds Funds 2019
000 E'000 E'000 E'000 E000
Central administration 368 368
Governance:
External audit 16 16
Registrar and Chancellor 57 57
Diocesan Synodical costs 4 4
445

11. ANALYSIS OFGRANTS MADE
Total Total
Nbr Individuals Institutions 2020 2019
E'000 6'000 E'000 E'000
From unrestricted
funds for
National
Church responslbgltles
Contributions
to Archbishops'		 Council 393 393 323
From unrestricted
funds:
PCCs for faculty fees 21 21 29
Clergy for training 41 21 21 21
Ordinands
in training		 15 127 127 117
Regional Training
Partnership		 1 7 7 7
57 148 28 176 174
12. STAFF COSTS
2020 2019
E'000 E'000
Employee costs during the year were as follows:
Wages and salaries 1,960 1,801
National
Insurance
contributions		 170 156
Pension costs 207 208
2,337 2,165
The average number ofpersons employed during the year:
Number Number
Administration
and financial management		 17 20
Property 2 2
Discipleship 8 Ministry, Stewardship 12 13
Safeguarding
and inclusion		 5 4
Projects staff funded from reserves 9 10
Projects staff externally
funded		 34 28
79 77
The average number ofpersons employed during the year based on full-
time equivalents: Number Number
Administration
and Rnancial management		 14.3 15.5
Property 2.0 2.0
Discipleship
&Ministry,
Stewardship		 10.4 10.6
Safeguarding
and inclusion		 3.6 3,4
Projects staff funded from reserves 6.5 8.2
Projects staff externally
funded		 27.0 22.8
62.5
The number ofstaff whose emoluments (including benefits in kind but excluding
pension contributions)
amounted to more		 than 660,000were asfollows: Number Number
F60,001- E70,000 1 2
Pension payments of E6,357were made forthese employees (2019:614,000(.
34 ( Page

Stipend Housing
The Right Revd 5Jegey No Yes
Venerable J Iqbal Yes Yes
Venerable
M Chamberlain		 Yes Yes
Revd I Smith Yes Yes
Revd E M Robertshaw Yes Yes
Revd Fiona Kouble Yes Yes
Revd Claire Dawson Yes Yes
the dioc ese, and th e costs were as follows:
2020 2019
E'000 f'000
Stipend 3,139 3,195
National Insurance contributions 267 272
Pension costs 843 749

TANGIBLE FIXEDASSETS
Unrestricted Funds Personages Stipend
Freehold Leasehold Office Fund Fund
Properties Properties Equipment Properties Properties Total
E'000 E'000 6'000 E'000 6'000 E'000
Costofvaluation
At 1)anuary 2020 2,696 116 46 29,357 1,786 34,001
Additions 853 853
Disposals (143) (116) (171) (430)
Revaluation
At31December 2020 2,553 46 29,186 2,639 34,424
Depreciation
At 1l an us ry 2020 22 22
Disposals
Charge for the year 14 14
At 31December 2020 36
Net Book Value
At 31December 2020 2,553 10 29,186 2,639 34,388
At 31December 2019 2,696 116 24 29,357 1,786 33,979

FIXEDA SSE TS INVESTMENTS
As restated Change
in
At 1)an Market At 31Dec
2020 Additions Disposals Transfers Value 2020
E'000 6'000 E'000 E'000 E'000 E'000
Unrestricted funds
Unlisted investments 3,994 241 4,235
Restricted funds
Unlisted investments 7,433 14 447 7,894
Endowment funds
Investment property 4,863 (592) 71 4,342
Unlisted investments 7,805 (477) 405 7,733
12,668 (1,069) 476 12,075
Total 24,095 14 (1,069) 1,164 24,204

15.DEBTORS
2020 2019
E'000 6'000
Due within one year
Current year Common Fund 2
Assigned fees 32
Loans to parishes 27 33
Loans to schools 13 15
Other debtors and prepayments 96 300
138 382
Due after more than one year
Loans to parishes 375 403
Loans to schools 75 87
450 490
Total debtors
16.CREDITORS:amounts falgng due within one year
2020 2019
6'000 E'000
Church Commissioners other loans 25 35
Deferred income 15 105
Other creditors and accruals 540 845
580 985
17.CREDITORS:amounts falling due after more than one year
2020 2019
E'000 E'000
Loan repavment
instalments		 due after more than one year
Church Commissioners value-Rnked loans 703 753
Church Commissioners other loans 12 47
Otherloans 100 114
&15 914
The maturity ofthe above loans may be analysed as follows:
Between one and two years 24 20
Between two and five years 38 86
In five years or more 753 808
914

As restated Gains and At 31Dec
At 1fan 2020 Income Expenditure Transfers Losses 2020
E'000 E000 E'000 E'000
UNRESTRICTED FUNDS
General 5,350 5,542 (5398) 148 268 5,910
Designated
Funds:
Clergy Conference 30 30
Church House Refurbishment 13 13
Ituinquenmaf Costs 100 (23) (77)
Interim 6Assist. Diocesan Secretary match fun 60 (20) (40)
Strategy rmplementation 65 (65)
Allchurches
Trust Fund		 105 154 (149) (3) 107
Restructuring Fund 100 (93) 7
473 154 (285) (185) 157
RESTRICTED FUNDS
Stipend Income 2,14S (2,148)
Pastoral 2,619 71 (11) 117 2,796
Church
in Action		 4,612 143 (424) 3 281 4,615
Schools 420 100 (104) 34 25 475
projects 265 1,361 (1,332) 294
Miscellaneous Trusts 367 24 391
8,283 3,823 l4,019) 37 447 8,571
ENDOWMENT FUNDS
Stipend Fund Capital 11,090 (3) 486 11,573
Personages 31,478 40 328 31,846
Schools 1,488 53 1,541
44,056 40 (3) 867 44,960
TOTALFUNDS 58,162 9,559 (9,705) 1,582 59,598

Restated Restated Restated At 1 Gains and As at31oec
Jan 2019 Income Expenditure Transfers Losses 2019
E'000 E'000 6'000 6'000 6'000 E'000
UNRESTRICTED FUNDS
General 2,894 5,570 (5,425) (74) 2,385 5,350
Designated
Funds:
Clergy Conference 30 30
Church House Refurbishment 13 13
Deanery Mission initative 25 (25)
Centenary
Project		 6 (6)
Quinquennial
Costs		 100 100
Interim &Assist. Diocesan Secretary
match fun		 60 60
Strategy implementation 65 65
Allchurches
Trust Fund		 106 148 (49) (100) 105
Restructuring
Fund		 95 121 (116) 100
275 269 (196) 125 473
RESTRICTED FUNDS
Stipend income 2,190 (2,190)
Pastoral 2,276 71 (20) 292 2,619
Church
in Action		 4,371 148 (128) (451) 672 4,612
Schools 477 123 (184) (54) 58 420
Projects 200 1,377 (1,766) 454 265
Miscellaneous
Trusts		 314 (2) 55 367
7,638 3,909 (4,290) (51) 1,077 8,283
ENDOWMENT FUNDS
Stipend Fund Capital 10,074 1,016 11,090
Parsonages 31,203 40 235 31,478
Schools 1,331 157 1,488
42,608 1,408 44,056
TOTAL FUNDS 53,415 9,788 (9,911) 4,870 58,162
ANALYSIS OF TRANSFERS BETWEEN FUNDS
Unrestricted funds Restricted Endowment
General Designated Funds Funds
E'000 E'000 E'000 E'000
Togeneral from designated
fund to for match funding
interim
&assistant Diocesan Secretary		 of (40)
To general from designated fund for strategy 65 (65)
Quinquennials
works, to general		 fund from designated fund 77 (77)
Toschools fund from general
fund for contribution
costs transferred
through
reserves		 to DBE (34) 34
From general fund to Church in Action fund (3)
From designated
fund to general		 fund for Doncaster
Archdeaconry
project funded		 by the Agchurches Trust (3)
148 (185) 37

Current
Fixed Assets Investments Assets Creditors Net Assets
E'000 6'000 E'000 E'000 E'000
UNRESTRICTED FUNDS
General 2,563 4,235 672 (1,560) 5,910
Designated
funds
Clergy Conference 30 30
Church House Refurbishment 13 13
Allchurches
Trust Fund		 107 107
Restructuring
Fund		 7 7
157 157
RESTRICTED FUNDS
Pastoral 2,310 487 2,797
Church
in Action		 4,817 (47) (152) 4,618
Schools 394 173 (93) 474
Projects 290 290
Miscellaneous
Trusts		 373 19 392
7,894 922 (245) 8,571
ENDOWMENTFUNDS
Stipend
Fund Capital		 2,640 8,351 592 (10) 11,573
Parsonages 29,185 2,183 478 - 31,846
Schools 1,541 1,541
31,825 12,075 1,070 (10) 44,960
TOTAL FUNDS AS AT31DECEMBER 2020 34,388 24,204 2,821 (1,815) 59,598

SUNIMARY OFAS SETS BYFUND As Restated
Current
Fixed Assets Investments Assets Creditors Net Assets
E'000 E'000 E'000 E.'000 E'000
UNRESTRICTED FUNDS
General 2,836 3,994 479 (1,959) 5,350
Designated
funds
Clergy Conference 30 30
Church House Refurbishment 13 13
Quinquennial
Cost		 100 100
Interim Assistant DS match funding 60 60
Strategy Implementation 65 65
Alichurches
Trust		 Fund 105 105
Restructuring
Fund		 100 100
473
RESTRICTED FUNDS
Pastoral 2,179 440 2,619
Church
in Action		 4,536 217 (141) 4,612
Schools 369 602 (551) 420
Projects 269 (4) 265
Miscellaneous
Trusts		 349 18 367
7,433 1,546 (696) 8,283
ENDOWMENT
FUNDS
Stipend
Fund Capital		 1,787 9,156 163 (16) 11,090
Parsonages 29,356 2,024 98 31,478
Schools 1,488 1,488
31,143 12,668 261 (16) 44,056
TOTAL FUNDS AS AT31DECEMBER2019 33979 24,095 2,759 2,671 58,162

RESTIIICTED FUNDS RESTIIICTED FUNDS RESTIIICTED FUNDS
Pastoral Fund The Diocesan Pastoral account was set up under the provisions ofthe Pastoral Measure 1933.
The restricted purposes for which the account may be used are:
~
to defray costs incurred for the purposes ofthe Measure or any scheme or order
made under the Measure except for salaries of regular Diocesan employees
~
to make loans or grants forthe provision,
restoration,
improvement
or repair		 of
churches and parsonage
houses in the Diocese
~
other purposes ofthe Diocese or any benefice or parish
in the Diocese
to make grants or loans to any other dioceses
to transfer funds to the Diocesan Stipends Fund income or capital accounts.
Church in Action The Church
in Action fund originates
from an appeal
by that name launched
in 1945to provide
money for new churches
in the Diocese. Compensation
paid to the Diocese from the
Government's
War Emergencies
Fund in respect ofchurches demolished
in the blitz was added
to the fund. The fund financed the building ofseveral new churches but what remains
is used to
fund grants and loans to parishes for the improvement
of parish
buildings.
It can also be used
for clergy training,
stipends
and pensions,
providing
Christian
social workers
and improvements
to church schools. The fund is regulated
by a scheme ofthe Charity Commission
dated 10May
1974.
Church Schools Fund This represents
unexpended
accumulations
ofsale proceeds ofredundant
Church of England
School properties.
Its use is restricted
by law to capital and maintenance
work for Church of
England schools in the Diocese and education
generally at Church ofEngland
schools in the
Diocese. The SDBFisTrustee ofthese funds, which are managed
on a day to day basis by and in
consultation
with the Board ofEducation.
Projects The projects undertaken
by the SDBFare as follows:
1.
Mission partnership
Development
Worker project
2.
Centenary
Project
3.
Children' s, Youth and Families Worker project
4.
Resourcing
Churches Project
Miscellaneous Trusts There are seven trust funds where the Board acts as trustee and controls the management and
use ofthe funds. These are as follows:
Queen Victoria Fund
Training of Ordin
ands - Alice
Ma rp le Trust
Training ofOrdinands
-EI Freeman Bequest
Elizabeth
Bramall Trust
Sheffield Scripture Readers General Trusts
Sheffield Scripture Readers Benevolent Trusts
First Lord Grimthorpe
Charity Fund
ENDOWMENT FUNDS
Stipend Fund Capital The Diocesan Stipends Capital Fund has been created from the Diocesan Stipends Fund Capital
account assets held on behalf ofthe Diocese by the Church Commissioners
under the
Endowments
and Glebe Measure 1976to provide income for clergy stipends.
Itrepresents		 the
accumulated
sale proceeds ofglebe property,
sale proceeds ofbenefice houses and surplus
benefice endowments
following pastoral reorganisation.
The fund may be used for the
purchase,
capital improvement
and maintenance
ofglebe property
and benefice houses. Funds
can be invested
m the CBF Church of England
Property,
Investment
or Fixed Interest Securities
Funds, or simply held on deposit.
Parsonages This fund represents
the value ofag the benefice houses (parsonagesj
in the Diocese after
deducting
loans outstanding
in respect ofsuch houses.
Church Schools Fund This represents
unexpended
accumulations
ofsale proceeds ofredundant
Church of England
School properties.
Its use is restdicted
by law to capital and maintenance
work for Church of
England schools in the Diocese and education
generally at Church ofEngland schools in the
Diocese. The SDBFis Trustee ofthese funds, which are managed
on a day to day basis by and in
consultation
with the Board ofEducation.

contributions
pay		 able (as a percentage ofpensionable
stipends)
 are as set out in the table below.
January January
%ofpensionable stipends 2018to
December		 2021to
December
2020 2022
Deficit repair contributions 21.9% 7.1SI

sheet liability over 2019 and over 2020 isset out in the table below.
2020 2019
E'000 E'000
Balance sheet liability as at 1January 772 2,610
Contributions paid (359) (370)
Interest costs (recognised in the SoFA) 7 51
Remaining
change to the		 balance sheet liability' (recognised in SoFA) (1,519)
Balance sheet liability as at31December 420 772
December December December
2020 2019 2018
Discount rate 0.2N p.a. 1.1Np.a. 2.1Np.a.
Price inflation 3.1%p.a. 2.8%p.a. 3.1N p.a.
Increase to total pensionable payroll 1.6SSp.a. 2.3y(p.a. 1.6N p.a.

The financial assets hel d in this wa y may be summarised
as follows:
2020 2019
F.'000 E'000
CBFChurch ofEngland Investment Fund Income Shares 5,065 4,769
CBFChurch ofEngland Fixed Interest Securities Fund Shares 284 305
COIF Income and Accumulation Shares 288 272
CBFChurch of England Deposit Fund 949 943
Other Investments 278
Cash at bank 277 519
7,141 6,808