Coot¢ots ofih¢ Fknb*n¢l•l Sthtme•ts
tor th¢ Ymr Etsded 30 Septemb¢r 2021
Tru#¢¢s' Report
Ind*p¢nd¢nt Ex*mlntVs Report
Slllement of FI￿￿￿1￿1 Ae¢lvlll
Baknnee Sheet
Noles lo Ihe FIn*A¢￿I Sfatemellts
De1411LyI Sts(omeAI ofTmiud*l Acttvlties

Pa¢iln%h•m Cbur¢h Eslg1¢
Trusteos. Rcpori
for Ihe Y¢Ar ENd¢d 311 S¢pl¢rnb¢r 2•21
The trustee5 prK¢nt Ih¢ir report with tho financial stsiawls orth¢ charity for th¢ year cnthd 30 Scplcmber 2021. Th¢
tn￿ceS have adopied the provisions of Accounting and Keporting by Chariiics.. St￿ement of Rccommcndcd Pracli¢e
applicable lo charilics prepgring ihcir accounts in accordance wilh lh¢ financial R¢porting Standard applicablc in thc
UK and Republic of Ireland (FRS 102) (etTcciive l January 2019).
OBJECTIVES AND ACTIVITIES
Objtttfves #nd alms
The Tn￿1 exists and is govcrned by Deeds scalcd on 5th f¢bruAry 1909 - thc aims and objectivcs of which arc. having
rirsi dischar8ed all proper costs. ch8r&cs and cxpcnscs in¢id¢ni81 lo Ihc adminisiraiion and mana8crn¢ni of ihc Clwity,
to pay any charge lawfully incurred Rnd requ¢￿ed by ihc Churchwardcns ofihc Pari$h ofpaiiinghwn in t1￿ rnaintertan¢¢
and ordinary repairs and in5urancc againsi fire of thc fabric of the Parish Church of Si.Chad's and mainienanee of its
churchyard. In addition thc Tntst is particularly charged in ihc carc for ih¢ Organ and OrnBrn¢nlation of thc Church. Ir
in any year the whol¢ of ¢h¢ in¢om¢ is not applicd covering th¢sc charges ihc Tr%iduc shBII bc accumulated in a fund for
th¢ improvemcnt or cnlargcmcnt of thc fabTi¢ of lh¢ Church and chur¢hyard.
ACHIEVEMENT AND PERFORMANCE
Cb*rltAble Aetlvlt5os
Dwing the fi¢wi¢ial ycar enikd 30 S¢pt¢mber 2021 ￿ Trusie¢$ 88v¢ Bnnu818rant of £20,000 to sI.Chad￿ Church
be used towaTds insurance. churchydrd mainlcnanc¢. organ and ¢l¢)¢k rnhinlcnanc¢ and ¢l¢anin& In addition the Trust
paid £4,526 for chairs for the rcfurbishcd lady chapcl.
FINANCIAL REVIEW
Summary of Te5uIts for thc ytar
Th¢ charity received rpnthl in¢om¢, dividw￿$ and inieros¢ amounling lo £83.182 in the year under revi¢w In-compari50n
10£78.955 in 2020.
Expcnditiwe on chariiabl¢ auiviii¢s iothllod ￿5.126 in the year. including gTanÈs of £24,526 ￿ St Chad's ChuTCh.
Revaluation 8airLS on investmcnts amounled io £346,421 ( £103.089 . 2020 ) for ihe ycar vndcr vcvicw rc$uliin8 in an
overall net incornc of £404.477 ( £153.104 . 2020 ) rcsulting in r￿d$ incrcasing ovcr thc ycar from £2,768,176 to
£3.172.653 &8 ai ihc balance sheet dale.
Rwrvts polr¢y
Unrestricted funds arc aPP￿10n¢d betwecn general funds and pcnnancnt
Gcneral funds are h¢ld by the Trusie¢s lo m¢¢1 th¢ day to day ¢osts offuifilling th¢ ¢hariiYs objeciives and aim
funds arc held by the Tn￿l¢c$ in separalc iDv¢simcnt XCOUn￿ and arc rctaincd for any fithwc invcslm
wiihin thc charity of a p¢mian¢nV capiial naiur¢.
u￿VRE, GOVERNANCF. AND mANAGEME￿r
Governing document
The ¢lwity is ￿n￿oI￿d by its gov¢rnin8 d￿UMen[ a deed of¢nw aThJ conMliui¢s unin¢orpora*d charliy.
REFERENCE AND ADMINI￿RATIVE DETAIIS
Registcred Charity number
254296
Principal addresj
The Ridges
Greal Moor Rood
Paltingham
Wolv¢rhwnpton
WV6 7AU
Pag¢ I

PAttingh4m Church E5tJlc
TrusIc￿, R¢porl
ror ¢h¢ YcAr Eud¢d 30 Scptcmbcr 2021
Trusl¢cB
D Sampsf
Mrs C M Ringr05e
Mrs G Richards (resigned 18.4.21)
Rcverend M P Hobb$ (rcsigncd 30.5.21)
P Morgan (rcsi8ned I1.10.20)
C f A P¢ndrell (appoinl¢d I1.10,20)
Mrs D M Si¢¢1 (app)inied 29.6.21)
IndtpettdtTrt Ex#mln*r
Colln Dal¢on FCA
Chartcrcd Accountani
Dolion Pardoc Limii¢d
chaff¢r￿ Ac¢ount4n
794 Iligh Str¢ei
Klngswthford
W¢si Midlands
DY6 8tJo
Approv¢d by OTd¢r of lh¢ bogrd of ¢rusl¢¢s on ...... .........
. slgned on behoifby:
Mrs C M Rin8ros¢. Trus
Pagc 2

Indep¢nd¢n¢ ExamSneVs Rtporl ¢• th¢ Tnot¢u Or
P4ttlngham Church F.s181¢
Independent txamlnerfs report to Ih¢ trusleos ofp•itlnehAm Chureh Est*t¢
I report io the charity trustres on my ¢xaminaiion ofihc a¢¢ounls ofpaiiingham Church L$l￿e (thc Trust) for the year
eNled 30 SeN¢mbor 2021.
Responsibilitie5 and basis ofreport
As the chariry tnjsiees of the Trust you arc responsi￿￿ for th¢ preparntion of ¢h¢ ac¢wnts In •cMrdan¢o wilh iho
requirements ofthe Charilies Act 2011 (Ihc Acl).
I report in respect of my examtnwion of the Trust's accounis carried oui under sethlon 145 ofthe and in ¢8rrying Qui
my examination I have followed all applicable Dircctions givcn by ihc Charity Commlsslon under ￿￿(10n 145(5Xb) or
Ihe Aci.
Imdependent ex8mlneVs stAlement
I h&v¢ compl¢t¢d my ¢xamination. l ¢onfirn1 thai no malcrial matters have come to my ￿ten11￿￿ in connc¢tlon wlth the
examination giving mc cause to bclicve that in any M￿erial rcspc¢i:
accounting records wcrc not kcpt in resEXCt ofth¢ I'rust as rcqulTed by section 130 of ihe A￿. or
thc accounts do not accord with those re¢ords: or
thc accounts do nol comply wilh th¢ appli¢abl¢ requircm¢nts ¢on¢¢ming the fomi and contcnt of accounts 5Ct out
in thc Charities (Accoun15 and Rcpoits) X¢gulalions 2008 other thun any r¢quircmcni thtLt thc accounis give a
trnc and fair view which 1$ nol a maltcr considcrcd a5 oran indcp¢ndcni cxaminalion.
I havc no conc¢ms and hav¢ Comc llcro￿ M) oih¢r M￿1¢[3 in eonn¢¢tion wilh the exDmination to ￿lch attcntion should
bc drawn in ihis roport in oth to enable a propcr undcr51andin8 ofthc accounls lo bc rea¢hL¥J.
Colln D&liort FCA
Chartered Accountant
Dalton Pardo¢ Limii¢d
Chart¢r¢d Attounthnts
794 High Strect
Kingswinford
W¢rt Midlands
DY6 8BQ
Page 3

Patilftgh#m Church E$t#t¢
Statcmcnt of Rnknclal AetlYStles
Cor th¢ Y¢Ar 30 S¢p¢emb¢r 21121
30.9.21
Unrostrlcl¢d
fwnds
30.9.20
Tothl
fiwids
No
INCOME AND ENDOWMEKfs FROM
83,182
78.955
EXPENDITURE ON
Ch*rlthble #cthpit5
Grants to Si. Chads Church
Athiinistration
24.526
26.080
1,560
GOv¢rnw￿e ¢osts
600
6ix>
Tothl
25.126
28.240
Nct 8ains on investsncnL
346,421
103,089
NET INCOME
4114.477
153.804
RECONCILIATION OF FUNDS
Total funds brnught forw#rd
2,768,176
2,614,372
TOTAL FUNDS CAIiRIED FORWARD
3,172,653
2.768.176
CONTINUINC OPERATIONS
All income and expenditure h&% orisen from ¢on¢inuin8 a¢tivities.
The nrfes forni pan of thcse financial sta*rn¢nts
Pag¢ 4

I'#tlinRh#lli Chiirch Tr-sliitc
Ilalaii¢¢. Slieel
30 SL'ptLnibLr 2V21
30.9.21
Unre%trict¢d
30.9.20
runds
Notcs
FIXFI) ASSF.TS
diigible yss¢ls
CUIIKF.NT ASSF.TS
l)¢biors
Inve.%imcnis
C41sli bank
2U,431
3,146,692
6,169
19,718
2.705,271
44.449
3.173.292
2.769.438
CR ￿.1)ll.()￿s
Ainounis liilling due within one )'ear
1640)
(1,26il
NTr:T CURRF:NT ASSETS
3.172,652
2,768.175
TOTAL ASSETS LESS CURRENT
LIABILITIF.S
3.172,653
2.768.176
NTr:T ASSF.TS
3,172,653
2.768.176
FUNI)S
tiL'iieri¢ I luiid
l)enndnLnl fund
)91,8711
2,11611,775
871 ¢)46
1,81)6.230
3,172,()43
2,768,176
I'OI'AL bUNI)S
3,172,653
2.768.176
'I'hc financial siaicmcnis iverc approved by ihc 14oard of 'i'ru.siccs dnd auihorised for issuc
and ivere signcd on lis beh￿1]r by-
on
l) Siimpson --l-rLEsiee
L l.. A I'cndrell-'l-rustce
'I'he notes fom) part ofihc5L linantlcil siaicmcftis
Page 5

P8tiln%haTh Chur¢h FJ14t¢
Notes to thc Fln*Tr¢iil Stsl¢mcnts
for ¢h¢ Y¢gr Ended JO S¢pt¢mb¢r 2021
ACCOUNTING POLICIES
BASIS of prep#r&n2 iht IlnancSAI st*teme•ts
Th¢ fin¥n¢ial 5th1Mn¢nts of ihc chority, which Is a publlc bencfii enilry under FRS 102, have been prepared in
aceordanee with th¢ Chariti¢$ SORP (fRS 102) 'Accouniing and Reporting by Charities: Staicmeni of
Rceommertded Prn¢ii¢e appli¢able io chariiics pr¢p8ring their accounts in accordance wilh thc Financial
Rcporting Sthndard applicablc in thc UK ¥nd Republic of Ireland (fRS 102) (cffeciivc l January 2019).,
Finoncial Reporting Siandard 102 Yhc Financial Reporting Standaftl applicabl¢ in thc UK and Rcpublic of
Ireland, and the Chariiics Aci 2011. Thc finBncial st8i¢m¢nts have been prcparcd under the hi￿on¢al
cOn•￿tIOn.
Income
All income is rccogniscd in ihc Siaiemeni of financial A¢tiviiies onc¢ th¢ ¢hAriry h&$ entitlcmcnt io the funds, it
probablc that IIK incom¢ will bc r¢¢¢iv¢d and thc amDuN can b¢ megsur¢d reliobly.
Expendlturn
Liabilitie5 are rccogniscd as cxpcndilure as soon as ihcr¢ is a l¢gal or ¢onslructivo obligation committing thc
charity to ihat cxpendilurc. it is probablc th￿ a iransfcr ofc¢onomlc bcnefiis will bc requir¢d in scltlcmcnt and
th¢ amount of the obligo1ion Can bc mcASUTcd rcliably. l.-xpcnditurc 15 accountcd for on an acrruols basis and has
i￿en cla5sificd undcr headin￿ iha¢ a8gwgai¢ all cosi r¢I￿ed io ih¢ COi¢BOry. Whcre costs cannot bc diTCCtIy
altributed io particular hcading5 thcy have bccn allocth¢¢d ¢0 a¢livilics on a ba$15 consistcni with thc use of
resource&
Grants Offer￿ sthjed w ¢ondilions which h8v¢ not b¢¢n mel ai ih¢ y¢ar¢nd datc aro Thjtcd as a commitm¢nÉ b
not ac¢Ned as cxpcTrliiurc.
T¥Dglble llxcd amets
Depreciation is provided at the following annual rncs in order to wriie oiTea¢h assei over its estlmawd useful
T*xatloD
The ch¥ity is cxempt from on its charitable aaiviiics.
Unre5trictcd fimds can bc uscd tn accorda￿¢ with ihc charimblc objcctiVC5 ai lh¢ discrrfion of thc ITusI¢¢s.
R¢stricl¢d funds can only be used for pani¢ular r¢sirictcd purpos¢s wiihin lh¢ Ob￿cts ofthc charity. Rcstrictions
aris¢ when 5prcified by ihc donor or when fund5 arc raised for particular rLstri¢kd purp05¢5.
Furth¢r¢xpI￿Ii0n of¢h¢ n4lur¢ and of¢a¢h fund is in¢lud¢d in ih¢ io th¢ fir•￿1•1 w¢¢mcnts.
INVESTMENT INCOME
30.9.21
UJbrestrl¢lcd
funds
30.9.20
Tothj
funds
Rents reccivcd
Dividends
Deposit acc(￿nI interest
1,622
81 JSO
1.662
77.000
293
83,182
78,955
Pagc 6
nlimie(L..

Palllngham Church Estale
tg lh¢ Fln*n¢i41 St*¢tm¢nts- Conilnuod
ror the Ycar Endcd 30 Sgplernbcr 2021
TRUSTEES REMUNERATION AND BENEFITS
There w¢r¢ no mis*¢s' T¢mun¢rg1ion or (rther bon¢llts for ihc YCK cndcd 30 Scplcmber 2021 nor for thc y¢ar
¢nded 30 Sepi¢mb¢r2020.
TN$¢tts' expenses
There We￿ no truste¢s' expwws paid for ihe year ¢ndod 30 S¢pwmb¢r 2021 nLY for tho ycar cndcd
30 Sep1¢mi￿ 2020.
TANGIBLE FIXED ASSETS
Freehold
propeny
co
At l Odobcr 2020 and 30 S¢pi¢mb¢r 2021
NET BOOK VALUE
At 30 S¢ptcmber 2021
At 30 S¢pt¢mb¢r 2020
Th¢ pvli¢y of ih¢ Trus￿5 is nol io rcvaluc land and buildin8S.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.21
30.9.20
Accrued Inve￿Men1 incomc
20,431
19.718
CURREiYf ASSET INVESTMENTS
30.9.21
30.9.20
Inv¢slrnwts- Pcnnancni fimd
Inveslrnents- GwKral fund
2.180,774
96S.918
.896,229
809.042
3.146,692
2.705.271
Investments ar¢ valued oi Mark￿ value at bBlonce skne￿ dal¢.
Pa8¢ 7
coniiNJe(L..

Palllftgham Ch￿rrh Esiatc
Notes lo Iho Flnanel*l St#ttrnents- £ontSftu¢d
ror lh¢ Year Ended 30 Sepl¢mber 2021
CREDrroRS.. AMOU￿5 FALLING DUE WITIIIN ONE YEAR
39.9.21
30.9.20
A¢¢ruals and def¢r¥¢d in¢om¢
640
1,263
MOVEMENT IN FUNDS
I'T4n$f¢rn
bdwc¢n
runds
At
1.10.20
movcmcnl
in ful￿$
Ai
30.9.21
Unr¢slri¢ted funds
Gcneral fund
P¢nnan¢nt fund
871,946
1096230
155,932
248,545
(36.00•)
36,000
991W78
2,180,775
2,768,176
404,477
3.172,653
TOTAL FUNDS
2,768,170
404,477
3,172,653
Nd moven*ni in funds. included In th¢ abov¢ are as follows:
Incoming
resources
Rcsour¢es
expended
Galns aThl
losscs
Movement
in fut
Unrestrlcted funds
fjcnoral fund
Pcrn]an¢nt fund
83.182
125,126>
97,876
248,545
155,932
248.545
83,182
12S,126>
346,421
404,477
TOTAL FUNDS
83.182
(2S,126)
346,421
404,477
comparativ￿ for movement ln fumds
At
1.10.19
moveme
in fund5
Ai
30.920
Unrestrf¢¢ed fu￿d9
G¢ncTrl fitnd
Pcrnianent
795,548
1,81B.824
76,398
77.406
871.946
1.896,230
2.614.372
153,804
2.768,176
TOTAL FUNDS
2,614.372
153.804
2.768.176
Page 8
coniinucd...

Pattltsgh*m Ch¥r¢lb EsiAte
Not¢5 to the Fingnelal St*tements- continu
ror the Y¢ar ENded 30 S¢pl¢mb¢r 21131
MOVEMENT IN FUNDS- ¢olltlnu¢d
Comparall￿ Move￿nI In fvnds. Included in ihe abov¢ gr¢ 0$ follows:
Incomin8
resour¢¢$
Rcsourc
expcndcd
Gain5 and
lo￿$
Movcment
in funds
Unr¢strl¢l¢d funds
G¢neral fund
Pemaneni fund
78,955
(28,240)
25.683
77.406
76,398
77,406
78,955
(28,240)
103.089
153,804
TOTAL FUNDS
78.955
(28.240)
103,089
153,804
A currnm year 12 momhs and prior year 12 months combincd FM)silion is as foll
Nct
mov¢m¢nt
in funds
TransfcT5
bdwccn
funds
Al
1.10.19
Ai
30.9.21
Unr¢slrleltd funds
Gcneral fvnd
Pernian￿1
795.548
1.818,824
232,330
325.951
136.0(Kl)
36.000
991.878
2,180,775
2.614J72
558.281
3,172.653
TOTAL FUNDS
2,614.372
558,281
3,172,653
A y¢or 12 monLhs and prior ycar 12 months combined nct movcment In lknnds. in¢lud¢d in ihe abov¢ Ke
as follow$:
Incoming
Yesourc¢5
Resources
cxpcnded
Gains
loss¢$
Movcment
in funds
Unroslrkted funds
Goneral fund
P¢nnan¢nt fund
162.137
(53.306)
123.559
325.951
232.330
325.951
162.137
(53,366)
449,510
558.281
TOTAL FUNDS
162.137
(53 J66)
449.510
558.281
Pagc 9
conlinued...

ttiJ8h#m Chur¢h E5tst¢
Notes to tho Fln*n¢ig1 Sfatemcnls- contlnuod
for th¢ Y¢ar 30 S¢pt¢mb¢r 2021
RELATED PARTY DISCLOSURES
Thcro were no rel￿¢d party tsan5aciions forikn w cndd 30 SrMgmbLY 2021.
Page 10

P4ttinghHm Church Estalc
D¢tallcd Sthtcmont of Flnanelal Aetivilics
ror the Y￿r Endcd 30 5tplembcr 21121
30.9.21
Unrestric
runds
30.9.20
Totsl
runds
INCOME AND ENDOWMFNTS
Rents rec¢ivcd
Dividends
Deposit accounl inwre#
1ffj22
81JS0
io
1,662
77,000
293
83.182
78.955
Total Ineornlne r¢wur¢
83.182
78,955
EXPENDITURE
Ch#rlt*blc ietivitles
Grnnis to St. Chads Church
Consultancy costs
I4￿26
26,080
1.560
24J26
27.640
Support toits
Gov¢rn4nrt cosls
Indeprndcni exllmlncr
600
600
Tothl ruourtts expended
2S126
21,240
In¢orne before iaSni Ind Iom
58,056
30,713
Retllstd recognSged R•lni and Ios8QJ
R¢Aliscd 8alnsl(los8¢11 on fixed 4ssci Inv¢Junents
346,421
103.089
N¢t In¢om¢
404,477
133.804
Thi5 docs noi form part of th¢ financial sw¢ments
Pagoll