## 

## 

|VISION STATEMENT|||
|---|---|---|
|LEGAL OBJECTS,||„3|
|STRATEGIC REPORT .|||
|STRATEGICAIMS AND OBJECTIVES FOR THE YEAR.|||
|ACTIVITIES AND ACHIEVEMENTS<br>IN THE YEAR...|||
|FUTURE PLANS||.„,<br>...7|
|FINANCIAL REVIEW.||LB|
|PRINCIPAL RISKSAND UNCERTAINTIES. ..|,|10|
|STRUCTURE, GOVERNANCE<br>AND MANAGEMENT. .|||
|SUMMARY INFORMATION<br>ABOUT THE STRUCTURE OF THE CHURCH OF ENGLAND. ..,.|||
|ORGANISA TIONAL STRUCTURE ..||12|
|DIRECTORS' RESPONSIBILITIES||14|
|STATEMFNT OF DISCLOSURE TO THE AUDITORS ..||15|
|APPOINTMENT<br>OFAUDITOR„||15|
|ADMINISTRATIVE<br>DETAILS„,|||
|ATTENDANCE<br>OF DIRECTORS AT MEETINGS IN 2021...||.......17|
|INDEPENDENT AUDITOR'5 REPORT TO THE|MEMBERS OF THE BLACI&BURN DIOCESAN|BOARD OF FINANCE|
|LIMITED,||„**„**„,<br>„ ,„,<br>. ..18|
|STATEMENT OF FINANCIAL ACTIVITIES..||,.21|
|INCOME AND EXPENDITURE ACCOUNT.||,.22|
|BALANCE SHEET,||„23|
|CASH FLOW STATEMENT||„24|
|NOTES TO THE FINANCIAL STATEMENTS. ,||.,25|





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|Registered|Address||Diocesan<br>Offices, Clayton|House,|Walker|Office Park,|Office Park,|Blacl&burn|Blacl&burn|
|---|---|---|---|---|---|---|---|---|---|
||||BB12QE|||||||
|Trustees/Directors||||||||||
|Ex-Officio|||Rt Revd JT Henderson|||||||
||||Rt Revd PJ North|||||||
||||Rt Revd J L C Duff|||||||
||||Veiy Revd P Howell-Jones|||||||
||||Ven M C Ireland|||||||
||||Ven D Picken|||||||
|Ex-Officio|elected position||Mr R J Collins|||||||
||||Mr TDCox|||||||
||||Revd Canon<br>A Mcl-iaffie||(resigned||31 December||2021)|
||||Revd<br>M Wolverson||(resigned||31 December||2021)|
|Ex-Officio|appointed||Mr D Barlow|||||||
||||Mr N P Aves|||||||
||||Revd Canon<br>A G Sage|||||||
|Co-opted|||Mr DJ Wilkinson|||||||
|Elected Clergy|||Revd Canon<br>A Holliday|||||||
||||Revd P A Lillicrap|||||||
||||Revd J Nash||(resigned||31 December||2021)|
|Elected Lay Persons|||Mr G D Burrows||(resigned||31 December||2021)|
||||Dr A Carter|||||||
||||Professor R Carter|||||||
||||Canon<br>M L Chew||(resigned||31 December||2021)|
||||Mr M Gardner|||||||
||||Ms J M Stamper|||||||
|Appointed|after end of||Revd Dr R BAechtner||(appointed||01 January||2022)|
|year but prior to signing||of|Mrs Alison Wynne||(appointed||01 January||2022)|
|the financial statements|||Revd Canon SCox||(appointed||01 January||2022)|
||||Revd Canon<br>A S Horsfall||(appointed||01 January||2022)|
||||Revd Munawar<br>Din||(appointed||01 January||2022)|
||||Mr PJ Ronson||(appointed||01 January||2022)|



|Key management<br>personnel|Key management<br>personnel|and advisers|||||
|---|---|---|---|---|---|---|
|Diocesan|Secretary,|Canon G Pollard (resigned 31 December 2021)|||||
|Company|Secretary||||||
|Head of Finance, Deputy||Mrs R McGaughey|||||
|Diocesan|Secretary||||||
|Solicitors||Napthens<br>LLP, Darwen||House, Walker Office Park, Blacl&burn BB1|||
|||2QE|||||
|Insurers||Ecclesiastical<br>Insurance||Office, Beaufort House,|Brunswick|Road,|
|||Gloucester GL1 1JZ|||||
|Bankers||National Westminster|Bank, 35 King William St, Blackburn BB17DJ||||





## 

|The Bl|ackbur|ackbur|n<br>Diocesan|Boar&I of Finance|Li|mite|d||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Annual|Reporl||and Financial|Sietements|||||||||
|For the|ear ended 31 December 2021||||||||||||
|Investment|||Managers|COLA Investment|||Management||Ltd, Senator||House,|85 Queen|
|||||Victoria St,|London||EC4V 4ET||||||
|Registered|||Auditor|Haysmacintyre||LLP, 10Queen||Street Place, London EC4R 1AG|||||
|Glebe|and Land Agent|||Lea Hough|8 Co LLP, Phoenix|||Park, Blackburn|||BB15RW||
|Whalley||Abbey Architect<br>Mr<br>I Wilson,<br>Ivan Wilson Architects<br>Clitheroe,<br>Lancashire<br>BB71LR|||||||Ltd, Waterloo||Mill, Waterloo Rd,||
|TTEND|AN|CE|OF DIRECTORS AT MEETINGS IN 2021||||||||||
||||||||Total||||||
|Ex officio||||Mr N P Aves|||5/5||||||
|||||Mr D Barlow|||5/5||||||
|||||Mr R J Collins|||5/5||||||
|||||Mr T D Cox|||3/5||||||
|||||Rt Revd J L C Duff|||5/5||||||
|||||Rt Revd J T I-lenderson|||5/5||||||
|||||Very Revd P Howell-Jones|||4/5||||||
|||||Ven M C Ireland|||4/5||||||
|||||Rt Revd PJ North|||4/5||||||
|||||Ven D Picken|||5/5||||||
|||||Revd Canon<br>A G Sage|||5/5||||||
|||||Revd Canon<br>A McHaffie|||3/3|(resigned||31 December||2021)|
|||||Revd<br>M Wolverson|||4/4|(resigned||31 December||2021)|
|Co-opted||||Mr D J Wilkinson|||5/5||||||
|Elected|Clergy|||Revd Canon A Holliday|||4/5||||||
|||||Revd P A Lillicrap|||5/5||||||
|||||Revd James Nash|||3/5|(resigned||31 December||2021)|
|Elected|Lay||Persons|Mr G D Burrows|||5/5||||||
|||||Dr A Carter|||4/5||||||
|||||Professor R Carter|||4/5||||||
|||||Canon<br>M L Chew|||0/5|(resigned||31 December||2021)|
|||||Mr Melvyn<br>Gardner|||5/5||||||
|||||Ms J M Stamper|||5/5||||||





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## 



## 

## 

|or the year ended Sf|December 2027||||||||
|---|---|---|---|---|---|---|---|---|
||||||||Total|Total|
||||Unreslricted|funds|||funds|funds|
||||General|De stg.<br>nated|Restricted<br>funds|Endowment<br>funds|2021|2020|
|||Note|5000|6000|5000|6000|6000|6000|
|Income and endowmonts|from:||||||||
|Donations<br>aml legacies|||||||||
|Parish contribuGons|||7,469||||7,II69|7,1GO|
|Archbishops'<br>Council and Church<br>commissioners|||G3||2,668||2,751|3,235|
|Other|||110||116|12|317|453|
|Charitable<br>activities: stalutoiy fees,<br>chaplaincy<br>and other Income|||126||602||728|508|
|Other trading<br>activities|||161||108|108|377|424|
|Investments|||226|13|463|30|732|722|
|Other|||330||709|65|1,094|350|
|Total Income and endowments|||8,485|92|4,686|206|13,466|12,852|
|Expenditure<br>on:|||||||||
|Raising funds||8|229||10|26|264|185|
|Charitable<br>activities||9|2,901|38|8,262|1,219|12,410|11,338|
|Other|||||46|146|193|95|
|Total Expenditure||10|3,130|36|8,307|1,392|12,867|11,G18|
|Nst incomo/(expenditure)<br>Investmonts|before||5,355|64|(3,621)|(1,167)|601|1,234|
|Nel (loss)/gains<br>on investments||18|927|61|37|2,072|3,097|1,044|
|Net Income/(expenditure)<br>transfers|before||6,282|115|(3,664)|585|3,698|2,278|
|Transfers<br>between funds||12|(6,680)|292|3,502|1,786|||
|Net income/(expenditure)<br>bofors other<br>recognised<br>gains and losses|||702|407|(82)|2,671|3,698|2,278|
|Other recognised<br>gains/(losses)|||||||||
|Gain/(loss)<br>on revaluagon|of fixed assets|18|99|||164|253|134|
|Gain/(loss)<br>on defined<br>benefit pension|||||||||
|schemes|||(22)||||(22)|(38)|
|Net movement<br>In funds|||779|407|(82)|2,826|3,929|2,374|
|Reconcgiatlon<br>offunds|||||||||
|Total funds at 1 January 2021|||0,496|2,626|11,069|47,089|69,260|65,885|
|Total funds at 31 December 2021||24|9,276|3,033|10,987|49,894|73,189|59,260|





## 

|for the year ended|31D|ecem|be|r 2021|||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||6000|FOOO|
|Total income|||||13,263|12,495|
|Total expenditure|||||(11,475)|(10,819)|
|Operating<br>surplus/(deficit)||for|the year||1,788|1,676|
|Net gains on investments|||||1,025|322|
|Net Income for tho yoar|||||2,813|1,998|
|Other comprehensive|Income:||||||
|Net assets transferred|to/(from)||endowments||1,027|(987)|
|Actuarial<br>(losses)/gains|on|delined||benefit pension|(22)|(38)|
|schemes|||||||
|Total comprehensive|(expenditure)/income||||3,818|973|





## 

## 

|BALANCE S|HEET|||||||||
|---|---|---|---|---|---|---|---|---|---|
|at 31December|2021|||||||||
||||||Note|2021||2020||
|||||||FOOO|FOOO|EOOO|F000|
|Fixed Assets||||||||||
|Tangible Assets|||||17|40,271||40,407||
|Investments|||||18|24,694||21,584||
|Investment<br>Property|||||18|1,861||1,837||
||||||||66,826||63,828|
|Current assets||||||||||
|Stocks||||||1||5||
|Debtors (amounts|receivable||after more than||19|2,018||1,247||
|one year: F508,000(2020:E|||840,000))|||||||
|Deposits and Cash|at bank|and In hand||||6,202||6,277||
|||||||8,221||7,629||
|Creditors: amounts|falling due within|||one year|20|(900)||(701)||
|Net current assets|||||||71321||6,828|
|Creditors: amounts|falling due after|||more than|20|(575)||(707)||
|one year||||||||||
|Provisions<br>for liabilities;||Pensions||and|20|(383)||(689)||
|similar obligations||||||||||
||||||||(958)||(1,396)|
|Net Assets|||||||73,189||69,260|
|Capital and Reserves<br>Endowment<br>funds|||||26||49,894||47,069|
|(Including<br>Investment|rsvslue8cn||reserve|of||||||
|E9,252,000(2020.'E7, 106,000))<br>Restricted<br>funds|||||25||10,987||11,069|
|(Including<br>Invsslmenl|revaluation||resenrs|ofE52,000||||||
|(2020'.E9,000))<br>Unrestricted<br>funds|||||24||9,276||8,496|
|(Including<br>lnvsstmect|revaluation||reserve|c(||||||
|E4,359,000(2020:E3,432,000))<br>Designated<br>funds|||||24||3,033||2,626|
|(Including<br>investment|revaluation||reserve|ofE274,000||||||
|(2020:E213,000))||||||||||
||||||||73,189||69,260|






## 

## 

## 

|for the year ended 3|1Decembe|r|202|/|||||
|---|---|---|---|---|---|---|---|---|
||||||2021|2021|2020|2020|
||||||EOOO|EOOO|EOOO|EOOD|
|Nel income before o//rer|recognised|ga/ns end losses|||601||1,234||
|{Gains)/Losses<br>on disposal|of f/xed assets||||(957)||(309)||
|(Gains)/Losses<br>on disposal|ofInvestments||||(19)||95||
|Depreciation|||||169||||
|Decrease/(increase)<br>in slock|||||4||(I)||
|(Increaso)/decrease<br>In debtors|||||(752)||(79)||
|(Decrease)/increase<br>in creditors current||liabilities|||199||132||
|Movement<br>In pension<br>commitment|||||(329)||(397)||
|cash (oufgow)r<br>in//ow<br>from opera//ng||ac//vl//es||||{1,094)||764|
|Ne/ income fram invss//ng|activ/ties||||||||
|Ptrrchase oftangible<br>fixed assets|||||(2,301)||(1,792)||
|Proceeds ofsale offixed assets|||||3,334||1,059||
|Purchase of Investments|||||(12)||(12)||
|Proceeds ofsale of Investmenis|||||149||1,000||
|Nel cash /nllow/(oulgow)|from invesgng||ac//vl//es|||1,170||255|
|Nel cash fnilow/(ou/i/ow)|from f/nsnclng||ac//v///es||||||
|Repayments<br>ofborrowing|||||(132)||||
|Loan repayments<br>received|||||62||56||
|New loans made|||||(Ot)||(323)||
|Net cash inflow/(outflow)<br>from financing||activities||||(151)||(267)|
|(Decrease)/increaae<br>in|cash in the year|||||{76)||752|
|Cash and cash equivalents|at the beginning|||ofthe year||6,277||5,525|
|Cash and cash equivalents|at the end|of|the year|||6,202||6,277|
|Analysis<br>of cash and cash equivalents||||||2021||2020|
|||||||EOOO||f000|
|Cash<br>In hand and at bank<br>Short term deposils||||||2,542<br>3,660||2,666<br>3,611|
|||||||6,202||6,277|





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## 



## 

|Report and <br>e<br>ear ended|Report and <br>e<br>ear ended|Financial Stat<br> 31 December|ements<br> 2021||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Depreciation||is provided|to write|off the|cost less|the|estimated<br>residual|value|of other|tangible|
|fixed assets||by equal instalments||over their estimated|||useful economic lives as||follows:||
|Leasehold||property||||30|years or, ifshorter,|the remainder||of the|
|||||||lease term|||||
|Diocesan||Offices||||50|years on property||||
|||||||20|years on remodelling||||
|Whalley|Abbey Retreat||and Conference||House|15|years to a residual|value|off500,000||
|Fixtures,|fittings and office equipment|||||4-10years|||||
|Heritage|asset|||||15|years||||



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## 

## 

||||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||fund|Restricted|Endowment|funds|funds|
|||||General|Designated||fullds|Funds|2021|2020|
|||||6000||6000|6000|6000|6000|6000|
|Lowest Income Communities|||||||||||
|Funding|||||||1,366||1,366|1,310|
|Sustalnab8lty|Funding|||||||||1,100|
|Resourclng<br>Block Grant|Ministerial||Education||||212||212|220|
|Pooling of Ordinsnds|||costs|||||||25|
|Strategic Ministry||Fund|||||213||213|46|
|Strategic Capacity||Funding||33|||66||66|87|
|Strategic Development|||Funding||||853||653|445|
|Past Cases|Review 2||Funding|30|||||30||
|||||63|||2,698||2,761|3,235|
|her donations|||||||||||
||||||||||Total|Total|
|||||Unrestricted|Funds||Restricted|Endowment|funds|funds|
|||||General|Designated||Fulsde|Funds|2021|2020|
|||||6000||6000|6000|6000|6000|6000|
|Allchurches|Trust|||78||78|||166|147|
|Donations||||19||1|48||69|66|
|Other Grants||||14|||68||92|240|
|||||110||79|116|12|317|453|



## 



## 

## 

||||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Funds|Rostrlctou|Endowment|funds|funds|
|||||General|Designated||Funds|Funds|2021|2020|
|||||6000||f000|f000|6000|f000|6000|
|Statutory|fees; chaplaincy||Income||||606||606|357|
|Church|Commissioners-||||||||||
|Guaranteed<br>annulges|||||||1||1|2|
|Recharge o(staff||costs|||||68||68|53|
|Whagey|Abbey Conference||House|57|||||57|21|
|Sale of publications||||||||||5|
|Income|for training|courses||36|||||36|24|
|Other fees/sales||||33|||27||60|46|
|||||126|||602||726|508|
|ther trading<br>activities|||||||||||
||||||||||Tots I|Tots I|
|||||Unrestricted||fumls|Rostrlctod|Endowment|funds|funds|
|||||General|Doslgnstod||Funds|Funds|2021|2020|
|||||f000||f000|f000|f000|f000|f.000|
|Rental Income||||69|||108|107|284|377|
|WhaOey|Abbey Conference||House|30|||||30|7|
|Accoungng<br>and Legal services||||10|||||10|18|
|Consultancy<br>services||||36|||||36|22|
|Other feos/sales|||||||||1||
|||||161|||100|108|377|424|
|vestment|income||||||||||
||||||||||Total|Total|
|||||Unrestrlrtod|funds||Rsstrlctod|Endowmoni|funds|funds|
|||||General|Designated||Funds|Funds|2021|2020|
|||||f000||6000|f000|f000|f000|f000|
|Dividends|receivable|||225||13|431|30|699|672|
|Interest receivable||||1|||1||2|16|
|Rents receivable|||||||31||31|34|
|||||226|||483|30|732|722|
|her income|||||||||||
||||||||||Total|Total|
|||||Unrostrlctod||funds|Restricted|Endowment|funds|funds|
|||||General|Designated||Fllnds|Funds|2021|2020|
|||||f000||6000|6000|f000|f000|f000|
|Gains on|disposal|offixed assets||326|||669|36|1,060|335|
|Gains on|disposal|of Inveslmenls||||||19|19||
|Loan interest|||||||20||26|15|
|||||330|||709||1,094|350|



## 

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## 



## 

## 

|st of raising<br>fund|s|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Total|Total|
||||unrestricted||funds|Rostrlcted|Endowment|fuIrrls|funds|
||||General|Oeslgnstsd||Funds|Funds|2021|2020|
||||f000||f000|f000|f000|f000|FOOO|
|Project Management|||12|||||12|12|
|Parish share||||||||||
|Secretarial||||||||12||
|Archdeacons||||||||6||
|Bishop's Harvest Appeal||||||||||
|Investmenl<br>Management||Costs|3|||||4||
|Whagey Abbey Rents|||41|||||41||
|Rents|||6||||26|34|43|
|Fundraising<br>Trading<br>Abbey|Whalley||102|||||102|70|
|Fundraising<br>Trading|other||63|||||63|40|
||||229|||10|26|264|165|





## 

## 

|penditure<br>on charitable|act|iviti|es|es||||||
|---|---|---|---|---|---|---|---|---|---|
||||Unrostricted||funds|Restricted|Endowment|Total funds|Total funds|
||||General|Designated||Funds|Fun&le|2021|2020|
||||f000||f000|f000|f000|6000|FOOO|
|Contributions<br>to Archbishops||council||||||||
|Training<br>for ministry|||302|||||302|302|
|National<br>Church responsibei0es|||211|||||211|227|
|Grants and provisions|||26|||||26|25|
|Mission Agency pension||||||||||
|conlribueons|||13|||||||
|Retired clergy housing casts<br>(CHARM)|||||||||109|
|Pooling of ordinand<br>candidates<br>costs|||37|||||37||
|General Synod expenses|||10|||||10||
||||710|||||710|680|
|Parish ministry||||||||||
|Stlpends<br>& National<br>Insurance||||||4,665||4,665|4,054|
|Pension<br>contributions||||||1,346||1,347|1,161|
|Housing costs||||||291|1,219|1,eee|936|
|Removal,<br>resetllemonl<br>and other<br>grants||||||232||232|138|
|Other expenses||||||Te||76|24|
||||45|||6,609|1,219|7,074|7,113|
|Support for parish<br>ministry|||1,407|||10e||1,052|1,710|
|Whagey Abbey Conference|House||192|||||192|252|
|Whalley Abbey House Renovation|||||||||35|
|Redundant<br>churches||||||73||73|56|
|Strategic Development<br>Funding<br>Protects||||||717||720|318|
|St PhOip's Centre Protect||||||36||36|32|
|Grants to Parishes,<br>Individuals<br>and Other Charities|||129|||662||700|750|
|Sale ofPubgcations|||||||||0|
|Miscellaneous<br>Expenses|||||27|||20|5|
||||1,009||37|1,643||3,409|3,174|
|Expenditure<br>on education||||||||||
|Grants for the work ofthe Board|||337|||||337|371|
||||337|||||337|371|
|Charitable<br>activities|||2,901||30|0,262|1,219|12,410|11,330|





## 

## 

|Analysis<br>o|fexpen|diture|including|allocation of s|uppot t|costs||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Manage.|||
|||||Activities|Grant||ment|||
|||||undertalren|funding|of|Admin|Total|Total|
|||||directly|Actlvitfos||Support|2021|2020|
|||||6000|6000||8000|6000|f000|
|Fundralslng|Trading|Whattey|Abbey|102||||102|70|
|Cost of raising funds||||132|||30|162|115|
|Contributions|lo Archbishops'||Councg|||710||710|680|
|Resourcing|ministry|and mission||9,606||766|967|11,363|10,287|
|Education||||||337||337|371|
|Other||||193||||193|95|
|||||10,035|1,835||997|12,867|11,618|



## 

|Analysis|of suppo|rt costs||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Total|Total|
||||unrestricted||funds|Restricted|Eralowment|frinds|funds|
||||General|Designated||Ftlrlds|Furrds|2021|2020|
||||8000||6000|8000|5000|8000|5000|
|Raising<br>Funds|||24|||6||30|26|
|Central Administraiion|||769|||||769|688|
|Governance|costs|||||||||
|Secretarial|||71|||||71|48|
|Accotrnting|and Finance Office||36|||||38|37|
|Audit<br>&accountancy||fees|23|||||23|19|
|Diocesan|Synod costs||7|||||7|9|
|DBF Execugve and <br>Counc6 Meetings||Bishop's|12|||||12|20|
|Chancellor|and Registrar Fees||67|||||67|98|
||||991|||||997|945|





## 

## 

|Analysis<br>oftransfers<br>between<br>|funds|||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted||funds|Restricted|Endowment|Total|
|||General|Designated||Funds|Funds|2021|
|||6000||6000|6000|6000|6000|
|From general<br>fund to slipends<br>income||||||||
|fund (restricted)<br>and parsonages<br>fund||||||||
|(expendable<br>endowment),<br>to cover the||||||||
|deficits on net expenditure<br>ofthose<br>funds||(6,316)|||4,237|1,070||
|From Pastoral<br>Fund to Parsonages||||||||
|Fund —transfer costs ofpersonages<br>bought|||||(714)|714||
|From Personages<br>Fund lo Pastoral||||||||
|Fund —book value ofpersonages||||||||
|transferred<br>to the BDBFfor disposal|by|||||||
|pastoral schemes||||||||
|From Stipends<br>Income Fund to general||||||||
|fund for HR support cost relating<br>to lime||||||||
|spent on clergy HR matters|||||(43)|||
|From Chtrrch Commissioners<br>Grant||||||||
|(restricted) and Vision 2026 fund||||||||
|(designated)<br>lo general<br>fund for the||||||||
|Vision Coordinator<br>post||||(10)||||
|From general<br>fund to designated||||||||
|training<br>fund for expenditure<br>on||||||||
|Diocesan conference<br>in 2022||(60)||||||
|From Diocesan Vision 2026 Strategic||||||||
|Development<br>fund lo general<br>fund and||||||||
|Personages<br>fund to cover loss of||||||||
|income from houses used for projects||33||(40)||||
|From general<br>fund lo Parish Vision||||||||
|Grant and Loan Fund for future<br>parish||||||||
|awards||(300)||300||||
|From released endowmenl<br>fund lo||||||||
|restricted<br>funds for parish Vision||||||||
|pro)acts|||||22|(22)||
|||(6,500)||292|3,602|1,766||





## 

## 


|Net income for the ye|ar|||
|---|---|---|---|
|||2021|2020|
|these are stated atter charging:||6000|f000|
|Fees payable to the auditor|for audit services|20|19|
|Fees payable to the auditor|for non audit services|2|1|
|Whslley Abbey Conference|House Trading<br>Deficit|164|146|



## 


## 


## 



## 

|The average<br>number<br>of|stipendiary<br>clergy|stipendiary<br>clergy|In post dur|ing 2021 w|as 180 (2020: 176).|as 180 (2020: 176).|as 180 (2020: 176).|as 180 (2020: 176).|as 180 (2020: 176).|
|---|---|---|---|---|---|---|---|---|---|
|Although<br>not employed<br>charitable<br>company<br>and|by the charilable<br> are included<br>in||company<br> the financial|the payroll<br>statements.|costs of the above<br>persons<br>are met by the<br>The aggregate<br>payroll costs of the above|||||
|persons are as follows:||||||2021|||2020|
|||||||f000|||f000|
|Stipend<br>Redundancy<br>and settlement<br>Social security costs|payments|||||4,403<br>9<br>349|||n, nnz<br>30<br>357|
|Apprenticeship<br>Levy<br>Pension costs - current year<br>-interest costs||||||20<br>1,3II1<br>1|||21<br>1,171<br>9|
|||||||6,163|||6,030|
|Trustees'<br>emoluments||||||||||
||||||Average|nwnber|ofdirectors|||
||||||2021||||2020|
|Directors||||||23|||23.6|



## 

## 



## 

|% of pensionable|stipends|January 2018to|January 2021 to|
|---|---|---|---|
|||December 2020|December 2022|
|Deficit repair contributions||119%|7,1%|



|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||6'000|8'000|
|Balance sheet liability|at|1 January||||596|1,048|
|Deficit contribution<br>paid||||||(301)|(499)|
|Interest cost (recognised||in SoFA)||||1|9|
|Remaining<br>change to|the balance sheet liability*||(recognised|in|SoFA)|22|38|
|Balance sheet liabilily|at|31 December||||318|596|
|"Comprises change|in|agreed deficit recovery|plan and change||in discount rate between year-ends.|||



|||December|December|December|
|---|---|---|---|---|
|||2021|2020|2019|
|Discount rate||0,0% pa|0.2% pa|1.1%pa|
|Price Inflation||n/a|3.1%pa|2,8%pa|
|increase to total pensionable|payroll|-1.5%pa|1.6% pa|1.3% pa|





## 

## 

## 



## 

## 

## 

||||||Grants to|Grants to|2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||Nbr|Individuals|Institutions|Total|Total|
||||||9000|9000|6000|9000|
|From Unrestricted<br>Funds||for national|Church||||||
|responsibilities|||||||||
|Contributions<br>toArchbishops||Council||5||399|399|372|
|1'raining||||1||302|302|302|
|General Synod Expenses||||12|10||10|6|
|From Unrestricted<br>Funds||to|||||||
|Grants lo Ordlnsnds||||14|123||123|127|
|Grant to Board of Education||||1||337|337|369|
|Churches<br>Together<br>In Lancashire||||1||6|6|6|
|Together Lancashire||||||||10|
|From Designated<br>Funds|to||||||||
|Parishes from AOchurches|fund||||||6|14|
|From Restricted Funds to|||||||||
|Parishes<br>from Parish Vision||Grant fund||26||99|99|128|
|Inter Diocesan Counselling||Service||1||6|6|5|
|Parishes<br>from Allchurches|Trust|||||||5|
|Ordinsnds<br>from RME fund||||25|18||10|20|
|Retired Clergy and Clergy|Widows|||183|50||60|44|
|Charitiss<br>nominated<br>at Bishops Harvest Appeal||||2||22|22|24|
|Parishes<br>from Lower Income Communities|||Funding|14||204|204|198|
|Other Grants to Parishes||||4||227|227|177|
|Other Grants to Clergy snd||Ordlnands||||||1|
|1'otal Grants Payable||||294|202|1,607|1,009|1,008|





## 

## 

## 

|Tangible<br>fixecl asse|ts|||||||
|---|---|---|---|---|---|---|---|
||||Total||Fixtures,|||
|||Non<br>Psrsonsgesl|Freehold<br>land end|Long<br>leasehold|fittings<br>snd<br>office|||
||Personages|Land|buildings|buildings|equipment||Total|
||f000|8000|f000|f000||f000|8000|
|Cost or valuation||||||||
|Al beginning<br>ofyear|26,688|14,518|41,206|316||238|41,760|
|Additions|714|1,648|2,262|||39|2,301|
|Dispossls||(2,377)|(2,377)|||(13)|(2,390)|
|Revaluation|||||||99|
|impairment||(100)|(100)||||(100)|
|At end ofyear|27,402|13,569|40,991|415||264|41,670|
|Depreclstton||||||||
|At beginning<br>ofyear||946|946|275||132|1,363|
|Charge for year||16|16|10||33|69|
|Disposals||||||03)|(13)|
|At end ofyear||962|962|285||152|1,399|
|Net hooti value||||||||
|At 31 December 2021|27,402|12,627|40,029|130||112|40,271|
|At31December2020|26,688|13,572|40,260|41||106|40,407|





## 

## 



## 

## 

|||Investment|Unlisted<br>CBF|Others|Total|
|---|---|---|---|---|---|
|||Properly|Investments|Investments|investments|
|||8000|8000|8000|8000|
|Al vaiualion||||||
|At beginning<br>ofyear<br>Additions||1,837|21,569<br>12|15|23,421<br>12|
|Disposals<br>Increase (decreaso)|in marl&et value|(130)<br>154|3,096||(130)<br>3,250|
|At end ofyear||1,861|24,677|15|26,553|
|At historic coal||540|10,730|16|11,285|



## 



## 

## 

||||2021|2020|
|---|---|---|---|---|
||||2000|2000|
|Amounts|fatting due within one year||||
|Trade creditors|||314|189|
|Other credilors (laxation snd social security)|||61|35|
|Other credilors|||79|260|
|Accrusls|||278|103|
|Amounls|owed to re le ted Parties|(BDBE)|170|114|
||||900|701|
||||2021|2020|
||||2000|2000|
|Amounts|falling due after more than one yeer||||
|CCLA loans|||418|550|
|Due to Churches<br>Conservation||Trust|167|157|
|Provisions|for liabilities: Pension|deficit|383|689|
||||958|1,396|



## 

|Commitmen|ts<br>at 31 December 2021,for which no prov|ision has been made<br>in these accounts,|were as fo|
|---|---|---|---|
|||2021|2020|
|||2000|2000|
|Authorised,|bul nol contracted:|||
|Parish Vision Grant Fund||98|148|
|Allchurchss|Grant<br>Fund|66|10|
|Clergy Housing<br>Fund||187|306|
|||340|464|



## 



## 

## 

|Net assets ana|l|ysed<br>by|fund|||||
|---|---|---|---|---|---|---|---|
||||Tanglblx Flxad|Fixed Asset|Net currant|Long term|Not assats as st|
||||Asxots|Invesimmd|Assets|creduor|31Decemuer|
||||||||2021|
||||fogg|f000|fogo|fcoo|fgog|
|General Fund|||1,798|7,392|986|(801)|9,275|
|Designated<br>Funds||||492|2,541||3,033|
|Total Unrestricted||Funds|1,798|7,884|3,427|(801)|12,308|
|Psslorsl<br>Account|||7,267||2,320|(I57)|9,430|
|Other Restricted|Funds|||318|1,239||1,557|
|Total Restricted|Funds||7,267|318|3,559|(157)|10,987|
|Parsonage<br>Houses||Fund|27,402|1,187|||28,589|
|Slipends Capital/Housing<br>Fund|||3,804|12,079|330||16,213|
|Other Endowment||Funds||5,087|5||5,092|
|Total Endowment||Funds|31,208|18,353|335||49,894|
|Total|||40,271|26,655|71321|(968)|73,189|



## 

|||||||||At 31|
|---|---|---|---|---|---|---|---|---|
||||At 1 January|||Gains and||December|
||||2021|Income|Expenditure|losses|Transfers|2021|
||||fggg|fgog|fooo|foog|fogg|fgog|
|General Fund|||8,496|8,485|(3,130)|1,004|(5,580)|9,275|
|||||||||At 31|
||||At1 January|||Gains snd||December|
||||2021|Income|Expenditure|losses|Transfers|2021|
||||fgog|fggo|fogo|foog|fogo|fggo|
|Designated|Funds||||||||
|Office Assets Fund|||411|12||61||484|
|Personages|Fund||324|||||323|
|Perish Vision 2026 Grant and|||||||||
|Loan Fund|||421||||400|822|
|Diocesan Vision Strategic|||||||||
|Development<br>Fund|||629||(2)||(49)|678|
|Diocesan Vision 2028 Fund|||420|79|(2)||(19)|478|
|Allchurches|Trust|Grant Fund|298||(33)|||265|
|Other Designated||Funds|123||||(do)|83|
||||2,626||(38)||292|3,033|



## 



## 

## 

|Fund|||||Application/purpose||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Income for||specific purposes|||Designated<br>Io provide income Io||specific|purposes<br>In the||parish|share budget||
|Olfice Assets Fund|||||Designated<br>for repairs,|renovation||or for buying|a new||building|in the|
||||||future.||||||||
|Personages||Fund|||For repairs and disabilily<br>adaptation|||on parsonages||in excess ofparish|||
||||||share budget||||||||
|Parish Vision 2026 Loan Fund|||||Designated<br>to provide|some|of the|loans to parishes<br>to|||continue|their|
||||||mission<br>projects||||||||
|Diocesan|Vision||Slrstegic|DevelopmentDesignated<br>to provide||match|fUnding necessary||for Strategic||||
|Fund|||||Development<br>Funding|applications|||||||
|Diocesan Vision 2026 Fund|||||Designated<br>to contingencies||for the|development||ofthe|diocesan||
||||||vision||||||||
|Allchurches||Trust|Grant Fund||The fund assists with funding||the cost ofdiocesan|||projects, building|||
||||||administration<br>costs, education,<br>parish mission||||projects||and major||
||||||building<br>works,||||||||



## 

|donations,<br>grants and|inve|stment<br>income|held on trus|t to be applied|for specific p|urposes:||
|---|---|---|---|---|---|---|---|
||||||||At 31|
|||At 1 January|||Gains snd||December|
|||2021|Income|Expenditure|losses|Transfers|2021|
|||EOOO|EOOO|EOOO|EOOO|EOOO|EOOO|
|Diocesan Pssloral Account||9,552|711|(119)||(714)|9,430|
|Diocesan Slipends<br>Fund||||||||
|Income Account|||1,317|(6,624)||5,307||
|Social Responsibility<br>Projects||134|28|(36)|||126|
|Parish Vision 2026 Grant||||||||
|Fund||148|26|(99)||23|98|
|Bishops Clergy Widows<br>Bishops Ordination<br>Fund|Fund|613<br>164|76<br>3|(50)<br>(5)|37||676<br>152|
|Resourclng<br>Ministerial<br>Education (RME) Fund<br>Bishop's HaNest Appeal<br>Bishop's Clergy<br>In Need|Fund|89<br>20<br>35|212<br>23|(178)<br>(24)|||123<br>16<br>36|
|SDF Funded Projects||6|912|(944)|||(26)|
|Lower Income Communities||||||||
|Funding<br>Parish Pastoral<br>Fund||166|1,355|(204)||(1,115)|36<br>166|
|Other Restricted<br>Funds||152|28|(26l|||164|
|||11,069|3,686|(8,307)|37|3,602|10,987|





## 

|The B|lackburn<br>|Diocesan|Diocesan|Diocesan|Board of|Board of|Board of|Finance Limited||
|---|---|---|---|---|---|---|---|---|---|
|Annual|Reporl and|Financial|||Statements|||||
|For the|ear ended|31|December 2021|||||||
|||||||||o<br>Paying secondary Class 1 contributions<br>in respect of ministers|not|
|||||||||employed<br>under a contract ofservice||
|||||||||o<br>Defray sequestralors'<br>expenses||
||Social Responsibility||||Projecls|||The Social Responsibility<br>section received<br>funding<br>for specific projects||
|||||||||and for its general costs relating to those projects.<br>Project fiinding|was|
|||||||||restricted<br>to Ihe<br>project<br>it had<br>been<br>requested<br>for and<br>approved||
|||||||||expenditure<br>is applied<br>against<br>the<br>funding<br>in accordance<br>with|the|
|||||||||funders<br>rules.||
||Parish Vision 2026|||Grant||Fund||The Grant Fund exists to enable parishes<br>to fulfil mission<br>opporlunities,||
|||||||||normally<br>through<br>the appointment<br>of lay workers.||
||Bishops Clergy||Widows|||Fund||The Bishop's<br>Clergy Widows<br>Fund<br>is used to help clergy widows|and|
|||||||||retired<br>clergy<br>in cases of financial<br>hardship,<br>particularly<br>with<br>housing||
|||||||||costs.<br>It funds<br>the cost of social events<br>and the cost of the Diocesan||
|||||||||Office and Bishop's visitors.||
||Bishops Ordination|||Fund||||The<br>Ordination<br>Fund<br>is used<br>to assist<br>with<br>meeting<br>the costs of||
|||||||||Qrdinands<br>in training.||
||Bishop's Harvest Appeal|||||||Each year the<br>Bishop selecls a charity<br>to benefit<br>from<br>his Harvest||
|||||||||Appeal.<br>Parishes,<br>Schools and<br>individuals<br>within<br>the Diocese collect||
|||||||||money<br>in supporl<br>of this charily<br>and the monies are distributed<br>by|the|
|||||||||Diocese in accordance<br>with the appeal.||
||Bishop's Clergy||Fund|||||The fund was established<br>by transfer of some ofthe Extra Mission<br>and<br>Ministry<br>funds<br>received<br>from the Archbishops'<br>Council 2008 —2010.||
|||||||||Grants<br>from the fund<br>are awarded<br>at the discretion<br>of the Bishop, to||
|||||||||serving<br>clergy in the Diocese.||
||Resourcing|Ministerial|||Education|||Specigc funding<br>for Qrdinands<br>in training<br>from National<br>Chiirch.||
||(RME) Fund|||||||||
||Strategic Development||||Fund,|||Specific funding<br>for the Outer Estates project and Preston<br>Resourcing||
||Funded Projects|||||||parish<br>from National<br>Church||
||Lower Income Communities||||||Fund|Funding<br>to<br>promote<br>the<br>growlh<br>of churches<br>in<br>Lower<br>Income||
|||||||||Communities||
||Parish Pastoral||Fund|||||This fund reflects monies<br>ring fenced from the sale of a vicarage|in a|
|||||||||parish<br>where<br>no scheme<br>for pastoral<br>re-organisation<br>is currently|in|
|||||||||place. The monies<br>must be held until either a vicarage<br>is purchased,|or|
|||||||||a scheme is put in place.||





## 

## 

||||||||||At 31|
|---|---|---|---|---|---|---|---|---|---|
|||||At1 January|||Gains and||December|
|||||2021|Income|Expenditure|losses|Transfers|2021|
|||||Eooo|FOOO|FOOO|FOOO|EOOO|EOOO|
|Expendable|endowment|||||||||
|Diocesan Slipends<br>Account||Fund|Capital|14,869|55|(148)|1,437||16,213|
|Parsonage|Houses|Fund||27,725|150|(1,244)|149|1,809|26,589|
|||||42,594|205|(1,392)|1,586|1,609|44,802|
|Permanent|endowment|||||||||
|Bishops Clergy Widows|||Fund|2,241|||321||2562|
|Maintenance|ofthe|Ministry||311|||45||356|
|General purposes||||387|||55||443|
|Whsgey Abbey||||170|||24||194|
|Giber endowments||||102|||15|(23)|94|
|Slipends||||1,264|||180||1,443|
|||||4,475|||640|(23)|6,092|
|||||47,069|205|(1,499)|2,226|1,786|49,894|



## 

## 

## 

## 

## 



## 

## 

|heologica|l Coll|ege.|Sh|ared and staff time ex|pendiiure<br>has|been recharg|ed<br>at cost.||
|---|---|---|---|---|---|---|---|---|
||||||2021|2021|2020|2020|
||||||Rschargss|Grants|Recharges|Grsnls|
||||||(excl. VAT)|made to|(excL VAT)|made to|
|||||||related||related|
|||||||parties||parties|
||||||f|f|f|f|
|Blackburn|Diocesan Board of Education||||15,953|336,914|15,474|371,045|
|Gidari Education||Ltd|||9,887||9,836||
|Blsckburn|Cathedral||||24,670||14,464||
|Emmanuel|Theological||College (fcrma8y the All||26,292||43,334||
|Saints Centre for||Mission||and Ministry)|||||



|t the year|end|the ba|lances|due from|relat|ed<br>parties wer|e as follows:|||
|---|---|---|---|---|---|---|---|---|---|
|||||||Outstanding|Outstanding|Outstanding|Outstanding|
|||||||Trade|Loan|Trade|Loan|
|||||||Balances at|Balances at|Balances st|Balances at|
|||||||31/12/2021|31/12/2021|31/12/2020|31/12/2020|
|||||||f|f|f|f|
|Cldari Educagcn||Ltd||||17,046||16,865||
|Blackburn|Cathedral|||||17,857|746,791|9,864|725,854|
|Emmsnuel|Theological||College|(formally|A8|70|10,000||10,000|
|Saints Centre)||||||||||





## 

## 

|Financi|al<br>instruments|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||2021|2020|
|||||||||||||6000|fooo|
|Flnandal|assets measured|at||fair value||||||||26,663|23,421|
|Financial|assets measured|al||amorgsed<br>cost||||||||6,220|7,524|
|Financial|liabilities measured||at amohised||cost|||||||1,701|1,940|
|Financial|liabilities measured||at fair value|||||||||167|157|
|Financial|assets measured||at|fair value comprise<br>inveslmenls.||||||||||
|Financial|assets<br>measured||at amortlsed||cost|comprise||cash, trade||debtors,||||
|other debtors and receivables||||and parish|loans.|||||||||
|Financial|6ab6itles<br>measurod|||at<br>amortised||cost|comprise||accruals,||other|||
|creditors,|Ihe Clergy Pension||Scheme liability and amounts|||||held|for other||bodies,|||
|Financial|liabilities measured|||at fair value|comprise||value|linked|loans.|||||



## 

|summ|arised<br>below a|t mark|et|value:|||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||6000|fooo|
|0BF|Church of England|Deposit||fund|4,611|6,120|
|CBF|Church of England|Investmenl<br>fund|||12,034|10,739|
|CBF|Church of England|Fixed|Interest fund||336|384|
|CBF|Church of England|Properly||fund|70|61|
|Other|||||44|44|
|Cash|at bank||||2|6|
|Total|assets held as custodian||trustee||17,297|16,353|





## 

## 

## 

|Prior year comparativ|e<br>S|tatement<br>of Fi|nancial<br>Activ|ities||||
|---|---|---|---|---|---|---|---|
||||||||Total|
||||Unrestricted|funds|||funds|
||||||Restricted|Endowment||
||||Goneral|Designated|funds|funds|2020|
||||EOOQ|EOQO|EQQO|EOQQ|6000|
|Income and endowments|from;|||||||
|Donations<br>and legacies||||||||
|Parish contribulions|||7,160||||7,160|
|Archbishops'<br>Council <br>commissioners|and Church||1,155||2,080||3,235|
|Other|||105|152|169|27|463|
|Charitable<br>acliviliosr<br>statutory<br>chaplaincy<br>and other income||fees,|75||433||508|
|Other trading<br>acgvilies|||143||141|140|424|
|Investments|||226|12|455|29|722|
|Other|||6|1|182|161|350|
|Total Income and endowments|||8,870|165|3,4160|357|12 852|
|Expenditure<br>on:||||||||
|Raising funds|||146||12|28|185|
|Charitable<br>activities|||3,039|65|7 558|676<br>95|11,338<br>95|
|Other||||||||
||||3 184|65|7 570|799|11618|
|Total Expenditure||||||||
|Nel income/(expenditure)|before investments||5,686|100|(4,110)|(4142)|1,234|
||||309|27|(114|722|1 044|
|Net (loss)/gains<br>on Inveslmenls||||||||
|Net Income/(expenditure)|before transfers||5,996|127|(4,124)|280|2 278|
|Transfers<br>belweon<br>funds|||(4,670)|(45)|3,727|988||
|Nel Income/(expenditure)<br>before other<br>recognised<br>gains and losses|||1,325|82|(397)|1,268|2,278|
|Other recognised<br>gains/(losses)<br>Gain/(loss)<br>on revaluation<br>offixed assets||||||134|134|
|Gain/(loss)<br>on defined benefit||pension||||||
|schemes|||(38)||||(38)|
|Net movement<br>in funds|||1,287|82|(397)|1,402|2,374|
|Reconcglation<br>offunds<br>Total funds al 1 January|2020||7,209|2,544|11,466|45,667|66,886|
|Total funds at 31 December 2020|||8,4196|2,626|11,069|47,069|69,260|





## 

## 

|||||||||Total|
|---|---|---|---|---|---|---|---|---|
|||||Unreslricled|fund|Reslricled|Endowntent|funds|
||||Generai|Designated||funds|Frrnrls|2020|
||||EOOO||EOOO|EOOO|EOOO|EOOO|
|Lowest Income Communities||Funding||||1,310||1,310|
|Sustalnabllily<br>Funding|||1,100|||||1,100|
|Resourclng<br>Minislerial<br>Grant|Educagon Block|||||220||220|
|Pooling of Ordinands|costs||25|||||28|
|Strategic Ministry<br>Fund||||||48||46|
|Strategic Capacity<br>Funding|||30|||57||87|
|Strategic Development|Funding|||||445||445|
||||1,155|||2,080||3,235|



## 

## 

|ior year|compar|ative||Other don|atio|ns|||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Total|
|||||||Unrestricted|Funds|Reslricled|Endowment|funds|
|||||||General|Designated|Funds|Funds|2020|
|||||||EOOO|EOOO|EOOO|EOOO|EOOO|
|Agchurches|Trusl||||||147|||147|
|Donations||||||||56||66|
|Other Grants||||||100||113|27|740|
|||||||105|152|169|27|463|
|ior year comparative||||Charitable|activities||||||
|||||||||||Total|
|||||||Unrestricted|Funds|Restricted|Endowment|funds|
|||||||General|Designated|Funds|Furrrls|2020|
|||||||EOOO|EOOO|EOOO|EOOO|EOOO|
|Statutory fees; chaplaincy||||Income||||357||357|
|Church Commissioners|||-Guaranteed||||||||
|annuities||||||||2|||
|Reoharge ofstaffcosts||||||||53||53|
|Whalley Abbey Conference||||House||21||||21|
|Sale of publications||||||5|||||
|Income for|training|courses||||21||3||24|
|Giber fees/sales||||||28||18|||
|||||||||433||608|
|ior year comparative|||Other trading|||activities|||||
|||||||||||Total|
|||||||Umsslrlclsd|funds|Restricted|Endowment|funds|
|||||||Goneral|Designated|Funds|Funds|2020|
|||||||EOOO|EOOO|EOOO|EOOO|EOOO|
|Rental Income||||||96||141|140|377|
|Whagey Abbey Conference||||House||7||||7|
|Accounting|and Legal services|||||16||||16|
|Consultancy|services|||||22||||22|
|||||||143||141|140|424|



## 

## 



## 

## 

|ior year|comparative<br>Inve|stment<br>Income|||||
|---|---|---|---|---|---|---|
|||Unreslrloted|funds|Restricted|Endowment|Total funds|
|||General|Designated|Funds|Funds|2020|
|||EOOO|EOOO|EOOO|EOOO|EOOO|
|Dividends|receivable|217||414|29|672|
|Inlerest recolvable||||7||16|
|Rents receivable||||34||34|
|||226|12|455|29|722|



## 

|or y|ear compa|rative<br>Other inco|me|||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|funds|Restricted|Endowment|Total funds|
||||General|Designated|Furtrts|Funds|2020|
||||EOOO|EOOO|EOOO|EOOO|FOOO|
|Gains|on disposal|offixed assels|||174|1st|335|
|Gains|on disposal|of lnvcstmenls||||||
|Loan|interest||||||15|
||||||162|161|350|



## 

|or year c|ompa|rat|ive|C|ost of rais|ing<br>funds|||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Total|
|||||||Unrestricted|funds|Restricted|Endowment|funds|
|||||||General|Designated|Funds|Fullrl s|2020|
|||||||EOOO|EOOO|EOOO|EOOO|EOOO|
|Pro]ect Management||||||12||||12|
|Parish share|||||||||||
|Secretariat||||||||||8|
|Archdeacons||||||||||6|
|Bishop's Harvest||Appeal|||||||||
|Investment|Management|||Costs||4||||5|
|Rents||||||11|||26|43|
|l=undrelsing|Trading||Vyhalley||Abbey|70||||70|
|Fundrelslng|Trading||other|||40||||40|
|||||||145||12|26|186|





## 

## 

|r year comparative<br>|Ex|pen|diture<br>on|charitable|activities||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|funds|Restricted|Endowment|Total funds|
|||||General|Designated|Funds|Funds|2020|
|||||fccc|fccc|fccc|fccc|fccc|
|Contributions<br>to Archbishops'|||Council||||||
|Training<br>for ministry||||302||||302|
|National<br>Church<br>responsibgities||||227||||227|
|Grants and provisions||||25||||25|
|Mission Agency pension|contributions|||11||||11|
|Retired clergy housing costs<br>(CHARM)||||109||||109|
|Pooling ofordinand<br>candidates|||costs||||||
|General Synod expenses|||||||||
|||||680||||680|
|Parish ministry|||||||||
|Stipends<br>& National<br>insurance||||||4,654||4,854|
|Pension<br>contributions||||9||1,162||1,161|
|Housing costs||||59||198|676|936|
|Removal,<br>reselllemenl<br>and||other|||||||
|grants||||||138||136|
|Other expenses||||||24||24|
|||||68||6,366|676|7,113|
|Support for ministry|||||||||
|Suppod for parish ministry||||1,519||189||1,710|
|Whalley Abbey Conference||House||252||||252|
|Whalley Abbey House Renovation||||||35||35|
|Redundant<br>churches||||||56||56|
|Strategic Development<br>Fund||Projects|||45|273||318|
|St Phlgp's<br>Centre Project||||||32||32|
|Grants to Parishes,<br>individuals|||and||||||
|other charities||||143|15|600||758|
|Sale of Pubgcalions||||8||||8|
|Miscellaneous<br>Expenses||||||||5|
|||||1,922|62|1,190||3,174|
|Expenditure<br>on education|||||||||
|Grants for the work ofthe|Board|||389||||371|
|||||369||||371|
|Charitable<br>activities||||3,039|65|7,858|676|11,336|





## 

## 

## 

|rior year|compara|tive|A|nalysis|ofexpendi|ture|including|allocat|ion<br>of|support costs||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Manage-||
|||||||Activities||Grant||meltt||
|||||||undertaken||funding|of|Admin|Total|
|||||||directly||Activities||Support|2020|
||||||||2000|8000||8000|8000|
|Fundraising|Trading|Whallay||Abbey|||70||||70|
|Cost of raising funds|||||||89||||115|
|Contributions<br>to Archbishops'||||Council||||680|||680|
|Resourcing|ministry|and|mission||||8,611|757||919|10,287|
|Education||||||||371|||371|
|Other|||||||95||||95|
||||||||8,865|1,808||945|11,618|
|rior year comparative|||Analysis||ofsupport|costs||||||
||||||Unroslricied||funds|Restricted||Endowment|Total funds|
||||||General||Designated||Funds|Funds|2020|
||||||f000||f000||8000|8000|8000|
|Raising Funds|||||20||||6||26|
|Central Administration|||||490|||||190|688|
|Governance|costs|||||||||||
|Secretarial|||||48||||||48|
|Accounting|and Finance Office||||37||||||37|
|Audit 8 accountancy||fees|||19||||||19|
|Diocesan Synod costs|||||9||||||g|
|DBF Executive and||Bishop' s||||||||||
|Council Meetings|||||20||||||20|
|Chancellor|and Registrar||Fees||98||||||98|
||||||741|||||190|945|



## 

## 

|rior year com|p|arative<br>|Net assets analy|sed<br>by fund||||
|---|---|---|---|---|---|---|---|
||||Tangible Fixed|Fixed Asset|Nst Current|Long torm|Net assets as at|
||||Assets|Investment|Assets|Creditor|31 December|
||||||||aeae|
||||2000|8000|8000|8000|8000|
|General<br>Fund|||2,350|6,365|088|(1,107)|8,496|
|Designated<br>Funds||||618|2,108||2,626|
|Total Unrestricted||Funds|2,350|6,883|2,996|(1,107)|11,122|
|Pastoral<br>Account|||0,748||1,093|(289)|9,662|
|Other Restricted|Funds|||258|1,259||1,517|
|Total Restricted|Funds||8,748|268|2,352|(289)|11,069|
|Parsonage<br>Houses Fund|||26,688|1,037|||27,725|
|Stipe nds Capital I <br>Fund||Housing|2,621|10,773|1,475||14,869|
|Other Endowment||Funds||4,470|5||4,476|
|Total Endowment||Funds|29,309|16,280|1,480||47,069|
|Total|||40,407|23,421|8,828|(1,396)|69,260|





## 

## 

|Prior year comparat|ive|Unrestricted<br>fund|s|||||
|---|---|---|---|---|---|---|---|
||||||||At 31|
|||At 1 January<br>2020|Income|Expenditure|Gains and<br>losses|Transfers|December<br>2020|
|||LOOO|5000|5000|LOOO|5000|f000|
|General Fund||7,209|8,870|(3,184)|271|(4,670)|0,496|
||||||||At 31|
|||At1 January|||Gains and||December|
|||2020|Income|Expenditure|losses|Transfers|2020|
|||5000|5000|5000|8000|f000|f000|
|Designated<br>Funds||||||||
|06ice Assets Fund||367|12||27||411|
|Personages<br>Fund||327||(3)|||324|
|Parish Vision 2026 Fund||420|||||421|
|Diocesan Vision Strategic<br>Development<br>Fund||690||||(61)|629|
|Diocesan Vision 2026 Fund||396|79|(48)||(9)|420|
|Allchurches<br>Trust Grant|Fund|241|73|(16)|||298|
|Other Designated<br>Funds||103||||20|123|
|||2,544|165|(65)|27|(45)|2,6?6|
|Prior year comparative||Restricted<br>funds||||||
||||||||At 31|
|||At1 January|||Gains and||December|
|||2020|Income|Expenditure|losses|Transfers|2020|
|||f000|5000|5000|5000|LOOO|5000|
|Diocesan Pastoral Account||9,812|187|(112)||(335)|9552|
|Diocesan Stlpends<br>Fund<br>Income Account|||989|(6,362)||6,373||
|Social Responsibility<br>Protects||146|20|(32)|||134|
|Parish Vision 2026 Grant||||||||
|Fund||250|26|(128)|||146|
|Bishops Clergy Widows<br>Bishops Ordlne6on<br>Fund|Fund|599<br>150|73<br>5|(45)<br>(I)|(14)||613<br>154|
|Resourcing<br>Ministerial<br>Education<br>(RME) Fund||41|220|(172)|||89|
|Bishop's Harvest Appeal<br>Bishop's Clergy<br>in Need <br>SDF Funded Projeds|Fund|21<br>35<br>(66)|23<br>545|(24)<br>(444)||(29)|20<br>35<br>6|
|Lower Income Communities||||||||
|Funding<br>Parish Pastoral Fund||316|1,310|(198)||(1,112)<br>(160)|166|
|Other Reslricted Funds||162|62|(52)||(20)|152|
|||11,466|3,460|(7,570)|(14)|3,727|11,089|



## 



## 

## 

||||||||||At 31|
|---|---|---|---|---|---|---|---|---|---|
||||At|1 January|||Gains end||December|
|||||2020|Income|Expenditure|losses|Transfers|2020|
|||||f000|f000|f000|f000|f000|f000|
|Expendable|endowment|||||||||
|Diocesan stipends<br>Account||Fund Capital||14,493|161|(100)|522|(207)|14,869|
|Parsonage|Houses|Fund||26,966|196|(699)|67|1,195|27,725|
|||||41,459|357|(799)|589|988|42,594|
|Permanent|erldowment|||||||||
|afshops<br>Clergy Widows Fund<br>Maintenance<br>ot Ihe Ministry||||2,097<br>291|||144<br>20||2,241<br>311|
|General purposes||||362|||25||387|
|Whstley Abbey||||159|||11||170|
|Other endowments||||95|||7||102|
|stipends||||1,204|||60||1,264|
|||||4,208|||267||4,475|
|||||45,667|357|(799)|856|988|47,069|