The Cathedral Church of the Holy and Undivided Trinity in Bristol

REPORT AND FINANCIAL STATEMENTS

for the year ended 31 December 2013

The Cathedral Church of the Holy and Undivided Trinity in Bristol CONTENTS

Page

Legal and administrative information 1 - 2

Annual report 3 – 25

Independent auditor's report 26

Consolidated statement of financial activities 27

Consolidated balance sheet 28

Cathedral balance sheet 29

Notes to the accounts 30-41

The Cathedral Church of the Holy and Undivided Trinity, Bristol LEGAL AND ADMINISTRATIVE INFORMATION for the year ended 31 December 2013

Address Auditors Bristol Cathedral Bishop Fleming LLP College Green Chartered Accountants Bristol 16 Queen Square BS1 5TJ Bristol BS1 4NT

Bankers Stockbrokers NatWest Bank plc CCLA Investment Management Limited PO Box 238 80 Cheapside 32 Corn Street London Bristol EC2V 6DZ BS99 7UG

THE CATHEDRAL CHAPTER

During the year under review, the membership of the Chapter was as follows: Dean The Very Revd Dr David Hoyle

Canons Residentiary The Revd Canon Wendy Wilby (until Jul 2013) Canon Precentor The Revd Canon Nicola Stanley (from Mar 2014) Canon Precentor The Revd Canon Timothy Higgins (until Feb 2014) City Canon and Vice Dean The Revd Canon Robert Bull Canon Pastor Other members of the Chapter (Capitular Canons) Canon Richard Outhwaite - Canon Treasurer (term ended Oct 2013, but temporary cover provided to Feb 2014) Canon John Savage – Canon Treasurer (from Feb 2014) Canon Timothy Harle (until Dec 2013) Canon Susan Topalian Canon Jon Cannon – Keeper of the Fabric

Chapter Clerk Miss Wendy Matthews

Consultant Architect Ms Louise Bainbridge

Consultant Archaeologist Mr Kevin Blockley

Master of the Choristers and Organist Mr Mark Lee

Assistant Organist Mr Paul Walton

Education Officer Mrs Amy White (until Dec 2013). Mrs Margaret Bull (temporary cover from Jan 2014)

Head Verger & Sub-Sacrist Mr Glynn Usher

1 The Cathedral Church of the Holy and Undivided Trinity, Bristol LEGAL AND ADMINISTRATIVE INFORMATION for the year ended 31 December 2013

Vergers Mr Roger Dubois, Ms Louisa Pittman, Mr Nigel Nash

Music Secretary Mr Tim Popple

Executive Assistant & PA to the Dean Mrs Sarah Morris

Secretary, Bristol Cathedral Trust Mr Chris Harries (until Dec 2013), Ms Naomi Miller (from Jan 2014)

Trust Secretary Mrs Wendy Pradalie

Finance Manager Mr Matthew Hall FCA (until Sep 2013) (seconded from the Bristol Diocesan Board of Finance Ltd) Mr Andrew Webb (from Oct 2013, also seconded)

Finance Assistant Mrs Chrissie Graham (previously Gill)

Coffee Shop staff Ms Caroline Wren, Mrs Dyon Campbell

Finance Advisory Committee: Mr Colin Havill (Chairman), The Dean, Mr Richard Bacon, Mr Mark Blackmore, Mr Richard Bott, Canon Richard Outhwaite (until Dec 2013). In attendance: the Chapter Clerk and the Finance Manager.

Fabric Advisory Committee: Mr Quentin Alder (Chairman), Mr Alistair Brooke, Mrs Mary Greenacre, Mr Derek Worthing, Dr Beth Williamson, Dr Martin Crossley-Evans, Mr Andrew Foyle. In attendance: Dean, Canon Jon Cannon, Architect, Archaeologist and the Chapter Clerk.

2 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT for the year ended 31 December 2013

Introduction

Our aim at Bristol Cathedral is to be a glimpse of the kingdom of heaven in the heart of Bristol city and the Diocese. This report talks about those glimpses, in a year when we made major changes to the way the Cathedral presents itself and communicates its message, and when we successfully delivered projects that made us a more welcoming and inviting place. Highlights included Sally Vickers reading her new work, ‘The Cleaner of Chatres’, at a joint event organised with the Central Library, and a challenging slavery exhibition by artist Sokari Douglas Camp. We also hosted a joint event with Christian Aid and the Bishop of Derby to highlight the debate on developing economies and tax justice, and a major fabric conference for the Cathedrals Fabric Commission for England. Our first Messy Cathedral day went extremely well, with 250 children taking part, and we continued to experiment with new services and liturgy and hosted a number of special services, including a new Easter vigil service that was reviewed on the popular ‘Ship of Fools’ website by a mystery worshipper. In June we celebrated 10 years of Bishop Mike’s ministry in the Diocese in style, and hosted a fusion East meets West concert with Shaheen Chaudhry, the first Muslim High Sheriff of Bristol.

The wider political, social and economic context continued to present its challenges, both to the Cathedral as an organisation and to the wider Bristol community. During the year we saw increased use of the city’s foodbanks. The Cathedral became a donation point for the foodbanks and a launch venue for the Diocesan ‘Christmas begins with Christ’ campaign, which highlighted issues around food poverty as well as the Christmas message. The Mayor and Bristol City Council are facing the challenges of delivering deep budget cuts. During 2014 we will use the Archbishop of Canterbury’s visit to highlight some of the key social issues in the city relating to children.

This report summarises the progress that has been made in the last year and covers:  Governance and relationship management.  Activities, achievements and performance against our corporate objectives.  Corporate development and delivery.  Evaluation and outcomes.  Financial review.

3 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

Governance and relationship management

The Cathedral is formally the seat of the Bishop and a centre for worship, teaching and mission in the Diocese of Bristol. It extends geographically through Swindon, South Gloucestershire and North Wiltshire. The Constitution and Statutes governing the Cathedral were approved in 2001 under the Cathedrals Measure (1999). The Measure also defines the governance structures that are required for the effective management of Cathedrals, which includes: The Cathedral Council, College of Canons, and the Chapter, with its associated standing committees for finance and fabric. The sections below summarise their role, membership, and activities during 2013.

Cathedral Council The Council is responsible for furthering and supporting the work of the Cathedral, “spiritual, pastoral, evangelistic, social and ecumenical, reviewing and advising upon the direction and oversight of that work by the Chapter...” (Cathedral Statutes 2001). The Council consists of up to twenty members with a chair person appointed by the Bishop. Members are drawn from the Cathedral congregation, the Chapter, the College of Canons, the diocesan synod and the diocese and wider community. The Council met twice in 2013 and discussed a range of topics including music and fabric related issues, and received the annual report and accounts for 2012. Four new community members were elected during the year: James Redshaw, Mick Leary, Shirley-Ann Bell and Keith Norton.

College of Canons The College is made up of 40 clerical and lay representatives from the Cathedral and the wider diocese1. They met on two occasions in 2013 to discuss progress on key projects, and received the annual report and accounts for 2012.

Chapter The Chapter is the main body responsible for the direction and oversight of the Cathedral and is made up of the Dean and three residentiary Canons, and four lay non-residentiary members. The clerical representatives are appointed, after consultation, by the Crown, and the lay representatives are appointed, after consultation, by the Bishop. The current membership is set out on page 1 (see above). The lay canons hold office for terms of three years, which are renewable. Induction support for new members is provided by the Association of English Cathedrals. The Chapter is required to meet at least nine times a year and its main role is to “order the worship and promote the mission of the Cathedral” (Statutes 2001). The main responsibilities of the Chapter are to:  Articulate the Cathedral’s priorities and to formulate appropriate plans for their delivery.  Oversee the management of the Cathedral’s assets and investments, and ensure that all necessary repair, maintenance and development works to the fabric and precincts are carried out.  Oversee the management of the Cathedral and to make sure appropriate policies and processes are in place for child protection, health and safety, HR and other issues.  Oversee the preparation of an annual budget and an annual report and audited accounts.  Monitor and evaluate the performance of the Cathedral.  Review the Constitution and Statutes.

1 The College of Canons consists of up to 22 Honorary Canons (clergy), the Archdeacon and up to six Lay Canons, all of whom are appointed by the Bishop; other members are the Suffragan Bishop, the Dean and all members of the Chapter. Members of the Chapter other than the Dean and the Canons Residentiary are collated to supernumerary canonries, known as Capitular Canonries, and in virtue of that they are full members of the College of Canons.

4 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

(The full version of the Constitution and Statutes is available upon request.)

The Chapter’s specific financial responsibilities, under Section 27 of the Cathedrals Measure 1999, are as follows:  Preparing and publishing an annual report and audited accounts which give a true and fair view of the financial activities for each financial year and of the assets, liabilities and funds at the end of each financial year of the Cathedral and its connected entities, the report and accounts to comply in all material respects with the guidelines on the subject prepared by the Association of English Cathedrals.  Stating that they have complied in all material respects with the regulations on the subject prepared by the Cathedrals Administration and Finance Association (CAFA) or describing which recommendations have not been complied with and giving reasons for the non-compliance.  Selecting suitable accounting policies and then applying them consistently.  Making judgements and estimates that are reasonable and prudent.  Keeping proper accounting records from which the financial position of the Cathedral can be ascertained with reasonable accuracy at any time.  Safeguarding the assets of the Cathedral and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Chapter met 11 times in 2013, which included an away day session which covered substantive debates on strategic direction and priorities. Topics and issues covered in the regular meetings included:  Governance/policy issues – progress on the delivery of the Cathedral’s strategic priorities was regularly discussed. The priorities were; worship, proclamation, building and sustaining community, and justice and peace. We had two significant discussions on strategy and priorities in April and May and a further away day in June. In 2014 we will develop a new five year strategy (2014-18) and budget.  Management issues – a range of key management/administrative issues were discussed including; child safeguarding, health and safety, HR, ICT and communications.  Financial and fabric matters - financial management reports were considered at each meeting and there were regular discussions on the progress of all fabric projects and the risk register.  Performance management – the key performance indicators were discussed and progress was monitored.

The responsibilities of the individual members of Chapter are set out in Annex A.

Risk management The Chapter is responsible for managing the strategic level risks associated with the delivery of the Cathedral’s vision and mission. The Chapter considers the key reputational, financial and legal risks during its regular meetings, and identifies the likelihood of the risk and the mitigating measures in its risk register. There are specific policies to cover key areas including; child protection, health and safety and HR. These are regularly reviewed. The Finance Advisory Committee regularly considers the progress reports on funds managed by CCLA Investment Management and discusses the risks associated with the financial/investment markets. In 2013 the Dean participated in a high level risk management course run by the Diocese of Bristol. We will revise the risk register in 2014 as we complete our new corporate strategy (2014-18).

5 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

At a headline level our main corporate risks are:  Reputational – a significant or substantial decline in our corporate reputation for whatever reason. This is always a particularly sensitive issue for the Church because of the nature of its mission.  Financial – a major financial crisis due to drops in investment or other income.  Fabric – a major/unexpected fabric crisis which is both difficult to cope with financially and which would leave parts of the Cathedral and its site inaccessible or unusable.  Compliance failure – a significant or substantial failure in compliance in relation to child protection, health and safety or data protection.  Projects – a risk of significant projects being delivered poorly; not on time or on budget.  Staff – as a small organisation sickness absence can have a significant impact on our ability to deliver.

Standing committees The Finance Advisory Committee provides an audit function and expert advice and guidance to the Chapter and the Chapter Clerk on the management of the budgets, risk and investment strategies. The Committee met twice in 2013 and provided input on a range of issues including investment performance and financial strategy.

The Fabric Advisory Committee (FAC) provides expert advice and guidance to the Chapter and the Chapter Clerk on issues relating to the physical protection, preservation and development of the Cathedral buildings and its external precincts. The Cathedrals Fabric Commission for England (CFCE) is responsible for overseeing the approvals process for any major works in the Cathedral, and the FAC are responsible for approving more minor projects. The work of the FAC is informed by the Cathedral Architect and the Cathedral Archaeologist, who are ex-officio members and retained consultants, and provide on-going advice on all matters relating to the fabric. The FAC met three times in 2013 and discussed progress on a range of physical projects, details of which are set out in the achievements section.

National church and diocesan links Chapter members also play an active role in the life of the national Church and the Diocese of Bristol which has 200 churches and over 30,000 regular worshippers. Highlights from 2013 include:

 Preaching and teaching – the Dean and clergy Canons regularly preached in churches around the Diocese and supported special services and events. The Dean has become Honorary Chaplain at St Peter’s Hospice in the city.

 Ministerial development - the Dean has delivered theological lectures to ordinands and ordained clergy on a range of topics exploring doctrine and faith. He also supported the ministerial development review process for clergy, provided spiritual direction to clergy in the Diocese and more widely, and continues to be part of the Bishop’s staff team. In 2013 the Dean has also been part of a national working group looking at the training and induction needs of new Cathedral Deans. The Canon Precentor provided training for new clergy on ritual and worship and supported the development of Women’s ministry.

 Selection for ordination – the Dean chaired two Bishop’s Advisory Panels, which select candidates for ordination training.

6 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

 Trusts and Boards – the Dean is a member of the Diocesan Board of Education (DBE), which is overseeing a major programme of work as church schools transfer into academies. The Diocesan Academies programme continued to grow significantly in 2013.

 Patronage – all Chapter members take responsibility for supporting our 22 patronage parishes. We are involved in consultations on vacancies, parish re-organisations, and support the recruitment processes for new clergy.

Strategic partners Bristol Cathedral Choir School (BCCS) The Cathedral has a close relationship with BCCS which is sited in the Cathedral’s external buildings and precincts. Since becoming an Academy in 2008 the school has gone from strength to strength with strong OFSTED performance and growth in pupil numbers. In September 2013 BCCS opened the first new free primary school in the city. We are working closely with the school on a number of estates issues related to the development of the new school and the management of the site as a whole. The Dean became a member of the new governing body and Chapter has been closely involved with discussions on the ethos and management of the new school. Both the Dean and Canon Pastor are governors of the Academy.

The Cathedral team are also proactively developing links with a range of local and national partners including:

 National partners - the national Church, Church Commissioners, the CFCE, and the Association of English Cathedrals (AEC) – staff participate in peer-to-peer networks groups which provide a support structure and a way of spreading best practice.

 Civic partners - Bristol City Council – we have established relationships with the new Mayor who was elected in 2012, and work regularly with the Council on a range of joint issues including the management of College Green. We also work closely with the offices of the High Sheriff, Lord Lieutenant and Lord Mayor, and with the Avon and Somerset Constabulary. We liaise regularly with our Beat Officers and more senior officers to coordinate special events and deal with any anti-social behaviour issues.

 Faith partners - we have made links with Faithnetsouthwest, and the Bristol Multi Faith Forum. We also jointly hosted a major national fabric conference with Wells Cathedral in June. The conference was the triennial event for Fabric Advisory Committees from Cathedrals across the country, sponsored by the CFCE. There was a lively conference programme with a range of high profile speakers, and dinner on the SS Great Britain. We also hosted a welcome service for new Methodist Ministers on the local circuit.

 Tourism partners – we have continued to work with Destination Bristol, Tourist Information, M Shed and other cultural partners, which help us to promote the Cathedral to visitors. In 2013 we have been working closely with M Shed and other local partners on the development of our World War I commemoration project.

7 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

 Civil society partners – we have also continued to work with the Office of Civil Society, the Environment Agency and the South West Trades Union Congress.

 Education partners – we work closely with both the universities of Bristol and the West of England and their higher education Chaplaincy teams, and with Trinity College on our Green Chaplaincy programme.

 Business partners – we have continued to build relationships with our local businesses and in 2014 will be working more proactively with the Park Street Traders Group, the Marriott hotel and other neighbours.

Public benefit The Chapter is aware of the Charity Commission's guidance on public benefit in the advancement of religion and have regard to it in the administration of Bristol Cathedral. The Chapter believe that by promoting the work of the Church of England in the city of Bristol and across the Diocese of Bristol, the Cathedral helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively and that in doing so it provides a benefit to the public by:

 Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers.

 Promoting Christian values, and service by members of the Church in and to the community, to the benefit of individuals and society as a whole.

This report, taken as a whole, provides evidence that the Cathedral furthered its charitable purposes for the public benefit in 2013.

8 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

Activities, achievements and performance

The progress we have made on the delivery of our priorities in 2013 is set out below.

Worship – offering a daily cycle of prayer and praise

The Cathedral site was originally home to a monastic community who followed the rule of St Augustine. Our watchword is a quotation from the rule, which we have used on our new stone turning circle in the cloister – “Live in unity in the house, and be of one heart and mind in God”. Coming together with friends and strangers to offer a daily cycle of prayer and praise is central to all that we do. Highlights included hosting:

 A service to celebrate 10 years of Bishop Mike’s ministry in the Diocese of Bristol. Other Diocesan services include a special Eucharist for staff and the Independent Schools Confirmation service.

 Our former Dean, Robert Grimley, who returned to preach at our special Volunteers and Benefactors Choral Evensong.

 Our regular round of festival services, which continue to attract good numbers. 800 people attended our Easter services and over 2,000 attended on Christmas Eve and Christmas Day. We have continued to experiment with new services and forms of liturgy. We held an Easter Vigil service for the first time, which was reviewed favourably by a mystery worshipper on the ‘Ship of Fools’ website.

 Charter day and foundation day services for our local schools. The Red Maids’ School, which is the oldest girls’ school in the country, processed through the city in their dramatic red capes and celebrated their founder. Queen Elizabeth Hospital School, Bristol Grammar School and the Merchant Venturers all celebrated their annual charter days. Approximately 13,000 people attended these special services. The Bristol Cathedral Choir School continues to use the Cathedral for assemblies, prize-giving and commemoration.

 The annual legal service, which honours the contribution of the legal profession to civic life. Approximately 300 people attended this service which was led by the High Sheriff. The Lord Lieutenant and Lord Mayor, the Judiciary and lawyers, and the Clerk to the House of Commons were all present. The Right Reverend Richard Harries (former Bishop of Oxford) was the preacher.

 Diocesan ordination services and licensing services for new priests and lay ministers and the installation of new Cathedral canons. Approximately 6,000 people attended these services.

 Weddings, baptisms and confirmation for those joining the church community. The clergy also provided support and preparation for people who were participating in the sacraments.

9 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

We also hosted a number of memorial and funeral services. We conducted a ‘Saying Goodbye’ service for parents who had lost children in infancy, and conducted services with St Peter’s Hospice and other groups for people who had lost loved ones during the year. We also hosted a Workers Memorial day service with union leaders and representatives to remember those who had been lost in industrial accidents. We also celebrated the lives of two long-standing members of our congregation; Andrew Gulland and Pamela Gilbert.

During 2013 we have also begun work on an innovative World War I project, which will be launched in August 2014. Each month, for the next 4 years, we will commemorate a local person who was lost in the conflict. There will be an interactive exhibition to accompany the commemoration and a display of memorabilia.

Cathedral Choir During 2013 the choir were able to participate in a number of interesting events and more unusual opportunities. Highlights included:

 A major performance of Britten’s War Requiem. The choir sang as part of a much larger group at Colston Hall, as part of the centenary celebrations of Britten’s life.

 A special service of Choral Evensong to celebrate 20 years of girls singing in the Cathedral. They performed works written especially for Bristol Cathedral; Malcolm Archer’s unaccompanied responses, and David Briggs’s anthem When in our music God is glorified.

 An unusual choir performance at Bristol Airport. The choir serenaded a group of disabled children with Christmas carols as they returned to earth after a special ‘Santa Flight’.

 An appearance on the popular BBC ‘One Show’. The choir was asked to film a segment about acoustics, which showed how sound could change in different venues. They sang in a carpet shop and in the Cathedral. The show went out at Christmas and was fun for the choristers and an opportunity for us to showcase the Cathedral and its work.

 The Cathedral Consort’s tour to Toulouse. The choir was well received and performed in St Sernin and the Temple du Salin.

The Cathedral was also fortunate to host a number of visiting choirs during 2013, who sang when our own choir was away or on holiday. Highlights included; school choirs as well as, Schola Liturgica, Grace and Holy Trinity Church (Kansas), Myers Park United Methodist Church (North Carolina), Beckenham Singers, Ecclesia, and choirs from other local parishes.

These activities help the choristers to stretch themselves and grow in confidence when they see what they can achieve, both individually and as part of a team. Being involved in high profile events can also help raise their sense of aspiration, and gives them the opportunity to give back to the community (e.g. the Bristol Airport event). We also recruited two new Lay Clerks and Choral Scholars.

10 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

Proclamation

Part of our role as a Cathedral is to reach out to the many communities who are part of this city and to find new ways to help people engage with the idea of faith and the story of Jesus. The main ways that we do this are through our pastoral work with visitors, our education programme, teaching and public lectures, and art exhibitions. Some highlights from each area are set out below.

Pastoral and teaching work Part of the way we reach out to people is by spending time with people who come to the Cathedral and are troubled or struggling, or just need to talk. Our clergy, Day Chaplains, Mother’s Union welcomers and staff all spend time listening to those in need, offering prayer and encouragement where they can. Some of our volunteers also provide prayer support to people during the Sunday service. Whether it’s giving a bowl of soup to someone who is hungry, or lighting a candle and saying a prayer for people in need, this is an important and crucial part of our work. We hope people feel less alone in their difficulties, and loved and accepted. We provide free booklets on the life of Jesus so that people can explore the faith further following their visit. We also place a strong emphasis on preaching the gospel and teaching the faith at our regular services. The Cathedral has a good reputation for the quality of its preaching, from our Dean, Residentiary Canons, and visiting speakers. Visiting preachers in 2013 included the former Bishop of Oxford (see above) and the Dean of Peterhouse.

Education During 2013 2,500 children attended our Big Draw and Candlemas days and enjoyed guided tours. We had over 250 children at our first Messy Cathedral event, which we delivered in partnership with parishes from across the Diocese. The theme was Jonah and the Whale and it included a very large blue whale puppet and a performance of Jonah Man Jazz. It was very well received and plans are advanced for a 2014 day on the theme of David and Goliath. During the budget discussions for 2014 the Chapter took the important decision to increase the capacity of our education post, following the departure of Amy White (Education Officer). The new post has been increased from 0.4 FTE to a 0.8 FTE term-time appointment. This will enable us to follow up the scoping study we completed in 2012 and develop new links with secondary schools. The post is for three years initially and has been partly funded from a restricted reserve.

Our education work helps children and young people to engage with Christianity as a faith, and the Cathedral itself as a community. In terms of outcomes we hope that the children will understand a little bit more about who we are and what we do, and will have the confidence to know that the Cathedral is a place they can come and enjoy.

Bristol Voices Our choral outreach programme also continued its work during the year. Three primary schools are visited each term by our choristers and they all perform together in a concert at the end of the term performing both classical and popular music. We also have a children’s choir that is open to everyone, which performs at our Carols by Candlelight service in December. The outreach programme helps us to promote the choral tradition and encourage children to engage with the faith and with the Cathedral. The choir also sang Jonah Man Jazz at the Messy Cathedral event (see above).

11 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

Art During 2013 we hosted a number of art events including:

 A significant exhibition of Sokari Douglas Camp’s, work All The World Is Now Richer which explored issues around slavery, an important theme for Bristol. We hosted a workshop with the artist where the audience was able to engage with the artist and find out more about her work. This became a very moving occasion, as her metal sculptures were located over memorial stones which commemorate some slave-owning families, and this added depth and poignancy to the discussion.

 An exhibition of Gromit figures (Aardman). Wallace and Gromit’s Grand Appeal was raising funds for the children’s hospital in the city, and painted Gromits were placed around the city to form an art trail. It proved massively popular with families. We hosted a large Gromit decorated by Joanna Lumley outside the north porch. We also hosted a smaller Gromit inside which had been painted by the Bristol Cathedral Choir School. The school held a competition for the best design which was judged by the Dean and Chapter Clerk. The winning design was painted by all the finalists and placed in the Cathedral. He was very popular with the graduation students who posed with him during their ceremonies!

 A beautiful exhibition of stone sculpture by the Cathedral Archaeologist and stone mason, Kevin Blockley. His organic forms were exhibited in the South Choir Aisle to much acclaim.

 The Senior Schools Art Exhibition, sponsored by the Savages, which gives local secondary schools the opportunity to showcase the talent and work of their pupils. The standard of entries was high in 2013 and the exhibition was well received.

 A Christian Aid sculpture which was commissioned as part of the ‘Poverty Over’ tour. Artist Mel Howse’s sculpture was based on two bowl-shaped pieces of steel, which were embellished with coloured enamels, creating an eye-within-an-eye motif. The work encouraged people to think about the gap between those who live in poverty and those who do not.

 Embroidery displays from Deo Gloria, which helped people explore different faith themes.

 The Cathedral and College Green continue to be a popular filming location for students, amateurs and professionals.

Our art programme can work for people at different levels. For some it will give them an opportunity to explore specific ideas and concepts around faith, or the gentler experience of enjoying beauty in a sacred space. For others the beauty of the work gives an experience of transcendence and heightens a sense of spirituality. Art in this context is about giving people the freedom and opportunity to explore the work in the Cathedral space. We do not charge for these events, so they are open to all.

12 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

Teaching and public lectures  Annual theology lecture – in 2013 our annual lecture explored Christian Aid’s work on issues around tax justice in developing countries. The Bishop of Derby was our speaker.

 Lent course - Our popular lectures explored the themes of Lent through the work of artists from the medieval to the modern period, including Stanley Spencer.

 Big Green Week – we held two lecture events as part of Big Green week. In the first event, the ever popular Professor Tim Gorringe (University of Exeter) talked about how to feed the world without destroying the planet, and in the second Brother Samuel of the Society of Saint Francis talked about the ‘Song of the Earth’.

 Occasional series – the Dean also began an occasional series of lectures on Anglican thinkers. He started with Thomas Cranmer; Archbishop William Laud and Rowan Williams will be discussed in 2014.

Concert programme During 2013 we continued to host a number of concerts, including a regular series of lunchtime recitals and chamber events in the Chapter House, as well as larger scale events in the Nave. We believe it is important to host concert events, as they are a good way of encouraging people who might not usually come in to enjoy the Cathedral and what it can offer. The therapeutic benefit of live music is well understood; like art it can comfort and soothe the soul and, through sacred works particularly, help people to explore their ideas and understanding of God and the faith.

Building a sustainable community

Occupy and beyond Although the Occupy protest itself is now in the past, we have continued to reflect on the themes and issues it raised. During 2013 College Green has continued to be an important place where groups across the city can come and express their political opinions and concerns. We had a number of Union protests at cuts and job losses across the city and a Labour Party event protesting against the ‘bedroom tax’. Some protests did not materialise but there were discussions about a protest against military action in Syria and the Defra badger cull. The discussions show clearly the issues and causes that matter to the people of Bristol and help us to understand our community and its concerns better.

Cathedral community The Cathedral community continue to be supportive of our work and find ways to support our outreach and social justice activities. Volunteers have been running monthly community lunches and Lent lunches which have raised a substantial amount of money for Christian Aid. During Lent members of the congregation took part in a public reading of Luke’s gospel. The Open Fellowship continues to provide a space for people to explore their ideas and experience of faith. As mentioned above, during 2013 we started a series of lectures celebrating great thinkers in the Anglican tradition.

13 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

We continue to hold regular community meetings so that we can engage the congregation in our planning and decision making. Our current and planned fabric projects have taken account of the feedback we have received from our regular visitors. In 2014 we will refurbish the toilets and will complete a major review of the heating (see fabric section below).

Volunteers Like all Cathedrals we rely heavily on our volunteer community – without them we could not deliver our vision and mission. We have a diverse group of approximately 200 volunteers. The main areas they cover are:

 Gardening – our gardeners look after the Cathedral graveyard and garden, and have won awards from Bristol in Bloom for their work. In 2013 they won grant funding for some new gardening equipment from Bristol City Council.

 Stewarding – we rely on stewards to welcome people to services and to guide and direct people through the liturgy and at concerts and other events. Our team have helped over 25,000 people who have attended our services.

 Happy Hippos – we have a dedicated team who look after the younger members of our congregation in the Cathedral’s Sunday School.

 Sewing – we have a team who help look after all of our vestments and robes for the choir. During 2013 we commissioned a new set of vestments for festivals.

 Serving – our servers provide support to the Clergy during services and include younger people who want to be engaged with the Cathedral.

 Shop – our volunteers continue to play a significant role in the commercial success of our newly re- vamped shop (see BCE section below).

 Tours – special tours were provided for a number of visiting groups including the Sydney Smith Association and the Friends of Hereford, Rochester, and Worcester Cathedrals.

 Cleaning – our duster team helps the Vergers to manage the complex task of keeping the Cathedral well presented.

 Flower arranging – our flower arranging team continue to enhance the Cathedral for all our major festivals and services.

 Bellringing – our ringing team support all our major festivals and events and ring special peals for particular occasions, for example the birth of Prince George to the Duke and Duchess of Cambridge.

14 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

Justice and peace

In our work on justice and peace we work closely with a number of local partners on a range of social and economic issues.

 Food poverty - during 2013 we decided to do some new work on food poverty, which has become a significant issue in the city of Bristol. We will highlight issues around food poverty at particular points of the year. The clergy will preach on the issues at Harvest and other appropriate liturgical occasions. In addition we are working closely with the 5k partnership (an umbrella body for the city’s food banks), and have become a donation point for food support. In December 2013, working with the Diocese, we launched the ‘Christmas Starts with Christ’ campaign which promoted the Christmas story and drew attention to food poverty issues.

The response to our donation point was excellent, and over Christmas it filled up almost every day. This enabled us to give free food to a lot of needy families over the Christmas period.

 Human trafficking - during 2013 we have continued to work with the anti-trafficking partnership established by Bristol City Council, the Police and the Unseen charity. We are working with partners to help them raise awareness and understanding of trafficking issues and to make sure that doctors, priests and other members of the community understand how to spot and help those who are being trafficked. We supported the planning and delivery of a national conference in July, which promoted the new referral pathways. During 2014 we will use the Archbishop of Canterbury’s visit in September to continue to promote the needs of trafficked people, particularly children.

 Bristol Green Capital 2015 – we are continuing to develop our relationships with partners on the environmental agenda. We hosted events for Big Green Week and we have begun to have discussions with Council colleagues and the Green Capital team about how the Cathedral can play a role in the 2015 activities. In 2014 we will be supporting the local food and farming agenda and the work of the Bristol Food Connections partnership. It is important that the Cathedral supports the issues that are important to the people and communities in Bristol.

 Archbishop of Canterbury visit – we have also begun working with Diocesan colleagues on the Archbishop’s visit in the autumn of 2014. We will be using the opportunity to promote issues relating to the needs and aspirations of children in the city.

15 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

Corporate development and delivery

We made substantive progress in 2013 and completed a number of significant projects which will improve the way the Cathedral is managed and delivers its work. These included:

 Communications and marketing – we successfully: - Completed our re-branding exercise and rolled out our new logo and stationery. - Launched our new website in the summer and received a lot of positive comments from partners about the new look and content. - Rolled out the new directional and interpretive signage in the Cathedral. - Re-vamped our English and foreign language leaflets, using our new photography and branding. A new guidebook will be published in 2014. - Developed our social media presence by launching our Facebook page and establishing a Cathedral Twitter account. - Proactively advertised the Cathedral in some targeted publications to encourage increased footfall from the tourism market. In 2014 we will be developing a more formal marketing and communications strategy to support our work on fundraising and wider commercial efforts.

 Human resources and staff changes – we had a number of significant in-year staff changes during 2013 (see below), which meant that HR work was mainly focussed on recruitment. Inductions were arranged for each new member of staff tailored to their role. We started the process of developing a new light-touch appraisal system which will be formally rolled out, with training, in 2014.

- Our Canon Precentor (Wendy Wilby) retired in July 2013. Her replacement, Nicola Stanley, was formally installed in March 2014. The recruitment process was protracted because we had to headhunt after the open recruitment failed to deliver a suitable candidate. We discovered during the process that a number of Cathedrals were struggling to fill Precentor vacancies, and feel that this is an issue that requires some further exploration and discussion at a national level.

- Our Finance Manager, Matthew Hall, was promoted to Diocesan Accountant so he has been replaced by Andy Webb. Andy reports to Matthew, so we still have the benefit of Matthew’s advice and detailed knowledge of the Cathedral systems when it is required. In 2014 we hope to increase the Manager’s time to 2 days a week to give us greater capacity.

- Our Education Officer, Amy White, left in December to pursue her career in the church. During the 2014 budget discussions the Chapter agreed they wanted to place a greater emphasis on our education work so they agreed to increase the post from a 0.4 FTE position to a 0.8 FTE (term time) appointment. Amy’s successor will start in the summer of 2014.

- The Bristol Cathedral Trust Secretary, Chris Harries, stood down in December. He has been replaced by a full time fundraiser, Naomi Miller. Her post has been funded for three years initially by the Trust and will enable us to improve our fundraising both in terms of strategy and systems so that we can meet our longer term mission/fabric needs.

16 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

- There were some significant staff issues with sickness in 2013, which are a management risk for a small organisation. We bought in temporary additional staff resource, which we used across the Verging and Gatehouse teams, to enable us to manage the gaps and absence.

 Health and safety – during 2013 we made progress on delivering the action plan which arose out of the Cathedral’s health and safety audit. The majority of the plan has been delivered. Progress included: - The training of all staff on manual handling and risk assessment processes. Verging staff refreshed their first aid qualifications, and one member of staff had fire warden training. We also installed cardiac defibrillators and trained staff on their use. We began the process of developing new risk assessments to cover staff and volunteering activity, and these will be completed in 2014. - Display screen equipment assessments and PAT testing were completed and we also de- cluttered the Cathedral and the office and replaced equipment where necessary. Annual checks of fire extinguishers and alarms were carried out.

In 2014 we will have a substantial programme of work to complete. We need to get our new committee and reporting structures in place and finalise the new health and safety policy and management plan. The risk assessments will be cascaded to staff and volunteers and we will put new systems in place to minimise the risks from lone working and other issues. The fire improvements to the Gatehouse will be completed in August 2014 and a new fire assessment completed. Additional consultancy resource has been provided in order to facilitate the delivery of this work programme as there is a corporate risk around compliance failure.

 Child protection – we are continuing to develop our child protection policies and procedures and reviewed our policy in 2013. The Diocese has appointed a new Safeguarding Officer who will be revising the Diocesan Strategy in 2014. We will review our policy again once that work is completed. The Chapter Clerk and nominated person (Jeannie Whatmough) have undergone DBS checking training, following recent changes to the system, and we have reviewed which roles require checks and which do not.

 Data protection – in 2014 two staff will undertake data protection training to ensure the Cathedral is fulfilling its duties and responsibilities appropriately.

 ICT/telephony and business resilience – during 2013 we completed a significant upgrade of the Cathedral’s ICT and telephony systems, and increased our business resilience. We also installed a new phone system. Our priorities for 2014 are: - Scope and install a new donor database to support fundraising and relationship management activity. - Scope and install a new programme for inventory management. Our paper based inventory needs to be checked and digitised.

17 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

Fabric matters Positive progress was also made on fabric matters in 2013. The main projects delivered were:

 Turning circle – the stone circle in the car park was laid.

 Shop – the shop re-fit was successfully completed over the summer and opened on Doors Open Day with new stock (see BCE section below).

 Monument repairs – after commissioning a conservation report we completed a repair programme for our wall mounted and free standing monuments, which needed repair both in the garden and the Cathedral.

 Bell refurbishment – we completed the refurbishment of the changing bells in the North-West tower. The bearings were repaired and the bells re-hung. This work was generously funded by the Bristol Cathedral Trust.

 Equipment improvements – we commissioned new concert staging, and were grateful to the University of the West of England who made a generous contribution to the cost. Thanks to the Friends we also upgraded our radio mics, and installed a hearing loop and new PA kit in the Chapter House.

 Residential repairs – we completed a major programme of repairs on the Jacobs Wells Road house (staff residence).

Progress was also made on the development of some new projects, including:

 Toilet refurbishment – Bristol Cathedral Trust has agreed to fund a refurbishment and improvement of the Cathedral toilets. The initial scoping and planning work has been completed. The aim is to deliver the project in August 2014.

 Eastern Lady Chapel and other floor repair work – work was done to scope a repair programme for the Eastern Lady Chapel, Chapter House and other areas where the floor was causing a health and safety hazard (slips, trips etc.). The work will be carried out in spring 2014.

 West end (external) - a project to re-pave and improve the West End of the Cathedral precinct and improve disability access was scoped in the autumn. The estimated cost is £500k, and following a series of grant applications £100k towards the work has been raised. Fundraising will continue and the project will hopefully be delivered by 2016.

We also started, and in some cases completed, as series of reviews on particular fabric issues:

 Plaster panel report – we commissioned Cliveden Conservation to assess our rare 16th century plaster panels and make recommendations for their restoration. The report was discussed by the Chapter and the Fabric Advisory Committee. Bristol Cathedral Trust has agreed to fund the repairs recommended, so the work will go ahead in 2014.

18 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

 Rose window – the Cathedral Architect examined the Rose Window as there were concerns about the lead work and the state of the glass. A report will be submitted to the Fabric Advisory Committee and the Chapter in 2014. Remedial work will be required, probably within the next 3-5 years.

 Heating review – a major review of the Cathedral’s heating systems was commissioned in 2013 and will be completed in the summer of 2014. It has covered the heating in both the Gatehouse and the Cathedral, and has included a period of environmental monitoring. An interim report was presented to the Chapter in October 2013, and the final report will be presented in July 2014. The current heating system is at the end of its useful life, so following the report some major decisions will be made about what system should be commissioned, and the logistics of project delivery.

Our fabric work is driven by our priority to make the Cathedral a welcoming and inviting place. The projects we have completed in 2013 have improved the visitor and event experience (e.g. the shop re-fit) and this approach will continue to guide priorities in 2014.

Evaluation and outcomes

The outcomes of our work have an impact on individuals, on members of the Cathedral community and on the wider community within the city, and it is important that we monitor those outcomes effectively, so that we know what works well and also what we can improve. Some aspects of the spiritual journey are private and hard to articulate, but there are aspects which we can monitor and track over time. Since 2007 we have been monitoring a number of performance indicators, which has helped us to assess trends over time and track our performance. We monitor the numbers of worshippers, and the figures for 2013 are positive, as they show that the average Sunday attendances are above the five-year average.

We also monitor the compliments and complaints we receive from the congregation and visitors. We have listened to the concerns people raise, which is why we are looking at practical issues like improving the heating and toilet facilities. During 2013 we received positive feedback on the way we ran events, the quality of our services and the excellence of the preaching. The main outcomes from 2013 have been:

 More people engaging with God through worship. As numbers grow there is a real sense of mounting confidence and greater engagement.  Deeper relationships with local partners.  Personal development for clergy. Our work on ministerial development review helps clergy to reflect on their ministry and work, and encourages personal development.  Engagement in our patronage parishes. We have been part of the recruitment teams for clergy in our patronage parishes (those parishes where the Cathedral has a right to appoint), and developed contacts and a programme of visits.  People have been comforted, helped and supported through the occasional offices. Our Clergy, Day Chaplains and Welcomers all play a key role.

19 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

 Helping struggling families through our work on food poverty.  Choir development. The choir continues to develop and improve thanks to the additional investment we have encouraged through one-to-one tuition and other measures.  More children engaging with the faith and story of Jesus through our Big Draw days and other events.

In 2014 we will be looking at ways that we can improve our qualitative and quantitative data gathering and broaden our evaluation methods, so that we can better quantify the outcomes from each of our priority areas.

Financial review

Financial outturn The accounts to December 2013 show a surplus of approximately £20k. This continues the positive performance of the last 2 years with a large surplus being recorded in 2011 (£106k) and a smaller one in 2012 (£20k). Income from charges, fees and investments was generally in line with expectations, and we continued to receive income from letting premises to Bristol Cathedral Choir School and from renting the Cathedral for external events. We were fortunate to benefit from two restricted legacies during the year (£67k), so the overall income levels were higher than expected.

During 2011 and 2012 the Chapter deliberately built up the reserves in order to fund some necessary investment projects. These projects were delivered in 2013 and included; staff house repairs (Jacobs Wells Road), new staging, and upgrades to the ICT/telephony systems and sound equipment. The University of the West of England made a generous contribution to the new staging and the Cathedral Friends paid for the sound equipment. The grants and equipment were capitalised, but the net impact is an overall deficit on the unrestricted funds.

The Chapter continues to work hard in promoting Planned Giving and the use of Gift Aid, where appropriate. In 2013 around 72% of regular giving was Gift Aided. Regular giving added over £71k to the Cathedral’s income in the year under review plus Gift Aid recovered of just under £14k. Voluntary income2 represents 23% of our income.

Investment performance CCLA Investment Management Ltd is responsible for managing the Dean and Chapter’s equity, fixed interest and property investments. The portfolio is kept under regular review by the Dean and Chapter and the Finance Advisory Committee which provides expert oversight and advice. Despite the financial uncertainties in the Euro-zone and a period of low growth in the UK the portfolio has performed well. CCLA have generally out-performed their comparator benchmarks and the overall value has increased by £98.5k from £1.09m to £1.2m. The investment portfolio yielded a total annual income return of approximately 4.4%.

2 Voluntary income includes planned giving, gift aid and one-off donations and legacies.

20 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

Bristol Cathedral Trust In 2013, Bristol Cathedral Trust made grants totalling £58k to the Chapter. Of these, £9k went towards defraying costs incurred in maintaining the music tradition at the Cathedral and £500 was received towards education work. Grants amounting to £32k were received towards signage and customer experience and £6k towards fabric work. A grant of £7k was made for the refurbishment of the changing bells. The two staff in the Trust office are employees of the Chapter, but their salaries are met entirely by Bristol Cathedral Trust. Bristol Cathedral Trust also contributed £2.5k towards the costs of running the Cathedral administrative offices.

Bristol Cathedral Enterprises Ltd (BCE) BCE is the trading arm of Bristol Cathedral and consists of the café and the shop. The accounts for BCE are prepared separately to this report and are submitted to Companies House3. The outturn for 2013 was a loss of £27k.

2013 was a transitional period as we made some significant changes in relation to the shop. We entered into a formal partnership arrangement with Aslan Christian Books (part of A Great Read Ltd) with the aim of improving the shop’s commercial competitiveness. The Cathedral remains responsible for the physical fabric of the shop, including the fixtures and fittings, but Aslan are now responsible for the stock and the management arrangements. They provide the managers for the shop, but the Cathedral volunteers provide the staff capacity. During 2013 we completed a refurbishment of the shop, which was funded by the Cathedral Friends, and as part of the transition to the new arrangements wrote down a significant amount of old and dated stock. Aslan bought the rest of the stock and new products were commissioned and sourced. BCE receives a monthly rental for the use of the shop space and receives a commission on net sales above £3k (5%), rising to £10k (10%).

In the first month after it re-opened in October the trading figures were 38% up on the same month in the previous 3 year period, and performance has continued to be positive. An important part of our approach is improving footfall and increasing visitor numbers through more proactive and targeted marketing. Further work will be done on the marketing and communications in 2014.

Café 1542 performed better in 2013, partly due to a good summer and the impact of the Gromit art trail. The sales figures were up on 2012 performance and above the five year average. The main priority for 2014 is to complete a commercial review of the Café so that we can improve long term competitiveness. We will also complete the re-branding exercise we began in 2013 and re-order the kitchen to improve the facilities (this links with related work on the toilet refurbishment).

Presentation of accounts The Report and Financial Statements in the following pages are prepared in the form prescribed in the guidelines on English Anglican Cathedral Accounts, published in November 2006. These have been specified by the Church Commissioners under Section 27 of the Cathedrals Measure 1999 as a standard for Cathedral accounts.

3 Copies of the accounts are available upon request to [email protected]

21 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

Under the guidelines the financial activities of the Cathedral must be divided into movements on unrestricted funds, restricted funds and endowment funds.

Unrestricted funds are those free of any condition as to their use.

Restricted funds (note 16) cover monies received or held by the Chapter for particular purposes at the request of donors or by the terms of an appeal. All the monies so received may be expended within the defined purposes by the Chapter. That activity will also be reflected in general revenue expenditure through the unrestricted funds.

The use of the Fabric Fund is described in note 1, Accounting Policies.

The Endowment Fund (note 15) represents capital monies from which only the income is available to the Chapter.

Investment policy The policy objective for 2013 was to maintain a diversified and ethically invested portfolio that provided sufficient income to support the Cathedral’s operational budget, while still allowing for long-term capital growth. This was achieved with an investment portfolio in the ratio 63% in the CBF Investment Fund, 20% in the CBF Property Fund, 9% in the CBF Global Equity Fund 4% in the CBF Fixed Interest Fund and 4% in the CBF UK Equity Fund. This remains under regular review, in consultation with CCLA Investment Management Ltd.

Reserves policy Reserves are needed to allow the Cathedral to be managed efficiently and to avoid any interruption in activities, as well as to cover exceptional repair and other items. The Chapter considers that an appropriate level of unrestricted reserves in the short term at 31 December 2013 would be at least £600,000. This is based on an estimate of ongoing expenditure commitments over a two year period. The actual level of those reserves at 31 December 2013 was £547,743. In the calculation, Cathedral housing and property at £2,853,663 have been excluded. Investment performance is closely monitored and the impact on reserves is regularly reviewed.

Investment property The Cathedral has no investment property, as all the houses it owns are occupied by clergy or lay staff for the more efficient performance of duties. Portions of the historic precincts are also let to Bristol Cathedral Choir School.

Total returns on investments See above under Investment Performance and notes 6 and 7.

Note - The various connected entities of the Cathedral are set out in Annex B.

22 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

Plans for the future

An ambitious programme is developing for 2014-2018 and we will produce a new corporate strategy and five-year budget for that period in the summer of 2014. There are three large projects that we would like to complete during this period; the re-landscaping of the West End precinct, the replacement of the heating systems in the Cathedral and the Gatehouse office, and the completion of an organ restoration programme. All these physical projects will deliver our core mission of welcome and invitation. Improving these and other facilities will enable us to give people a more comfortable experience of the building, and may have a positive knock on effect to our commercial returns as well. We anticipate that £3-4m additional funding would be required to complete the projects. The appointment of a Development Director in Bristol Cathedral Trust will help us significantly scale up our fundraising activities in order to meet these challenging targets.

………………………………. …………………… Dean Date

23 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

Annex A: Chapter responsibilities

Dean of Bristol

- Responsible for the leadership of the Cathedral community and the Chapter - Responsible for the development of worship and mission. - Responsible for overseeing the management and administration of the Cathedral budget, fabric and all matters relating to repair and maintenance. - Responsible for fulfilling clerical duties relating to services and events. - Responsible for line managing the Verger team, the Chapter Clerk, the Executive Assistant, and acting as a Director of Bristol Cathedral Enterprises. - Member of the Diocesan Board of Education and School Governor at Bristol Cathedral Choir School Canon Precentor and Vice-Dean

- Responsible for the development of the musical and liturgical life of the Cathedral and managing the delivery of services and events. - Responsible for managing the recruitment and development of the choir (lay clerks, choral scholars and choristers) and choir outreach programmes. - Responsible for fulfilling clerical duties relating to services and events. - Responsible for line managing the Master of the Choristers, the Assistant Organist and the Music Administrator. Canon Pastor

- Responsible for developing and managing the pastoral and education work of the Cathedral. - Responsible for fulfilling clerical duties relating to services and events. - Responsible for developing and managing the volunteer community. - Responsible for line managing the Education Officer. City Canon - up to Dec 2013

- Responsible for fulfilling clerical duties relating to services and events. - Responsible for managing work related to the justice and peace agenda. - Responsible for relationships with city networks, multi-faith affairs and Churches for work and social justice Canon Treasurer (lay)

- Responsible for overseeing the development of the Cathedral’s financial strategy and budget. - Providing advice and guidance on financial and investment matters. - Acting as a Director of Bristol Cathedral Enterprises. Keeper of the Fabric (lay)

- Responsible for overseeing the management of the Cathedral fabric and its precincts including College Green, the Gatehouse, and the buildings of the Bristol Cathedral Choir School. - Providing advice and guidance to the Fabric Advisory Committee. Lay canon (exhibitions)

- Responsible for providing general advice and support to Chapter. - Managing the delivery of art exhibitions within the Cathedral. Lay canon (management) – up to Dec 2013

- Responsible for providing general advice and support to Chapter. - Providing advice and guidance on HR, communications and management issues. Chapter Clerk (ex-officio)

- Secretary to Chapter and responsible for managing strategic planning, budgeting and performance reporting. Secretary to the Fabric and Finance advisory committees, Cathedral Council and College of Canons. - Responsible for developing a schedule of work for all fabric matters, delivering repairs and maintenance projects. - Responsible for HR, health and safety, child protection, and ICT. - Responsible for Bristol Cathedral Enterprises (BCE) and the management of the Cathedral shop and coffee shop - Responsible for the delivery of events. - Line management responsibility for the Finance Team and the BCE staff. - Director of Bristol Cathedral Enterprises.

24 The Cathedral Church of the Holy and Undivided Trinity in Bristol ANNUAL REPORT (continued) for the year ended 31 December 2013

Annex B: Connected entities

Bristol Cathedral Enterprises Limited is wholly owned by the body corporate of the Cathedral and its activities are therefore consolidated into the financial statement of the Cathedral. The company operates the shop, the coffee shop and catering activities, and certain other trading activities of the Cathedral. The accounts of the company are also prepared separately and submitted to Companies House.

Bristol Cathedral Concerts (a limited company and a registered charity) contributes to the work of the Cathedral through its promotion of a variety of concerts and other musical events. It is legally independent of the Cathedral.

Bristol Cathedral Trust (a registered charity) is independent of the Chapter, although of course working closely in consultation, and its accounts are published separately. The Chapter acknowledges its gratitude to the Trust for the financial contribution and all the other support which it gives.

The Friends of Bristol Cathedral (a registered charity) is also an independent organisation publishing its own accounts, and we are similarly indebted to them for their consistent and generous commitment to projects that beautify the Cathedral or enhance its facilities.

The Bristol Cathedral Choral Foundation (a registered charity) provides financial incentives for the choristers; the accounts of the Foundation are published separately.

Bristol Cathedral Choir School is the successor to Bristol Cathedral School and operates as an Academy under a funding agreement with the Department of Education (formerly DCSF). It is legally independent of the Chapter, though the Dean is ex-officio a governor, and the Chapter appoints five further governors, amongst whom the Canon Pastor currently serves. Its report and accounts are published separately. Please note – the predecessor body, Bristol Cathedral School, continues to act as a residual entity and hold property occupied by the school. It continues to publish its own report and accounts with the Charity Commission.

The Chapter notes the contribution of all these bodies and it records its gratitude for the ways in which they enrich the life of the Cathedral.

25 The Cathedral Church of the Holy and Undivided Trinity in Bristol INDEPENDENT AUDITOR’S REPORT TO THE ADMINISTRATIVE BODY OF THE CATHEDRAL for the year ended 31 December 2013

We have audited the financial statements for the year ended 31 December 2013 which comprise the consolidated statement of financial activities, the consolidated balance sheet and the cathedral balance sheet and the relevant notes on pages 27-41, which have been prepared on the basis of the accounting policies set out on pages 30-31. The financial reporting framework that has been applied in their preparation is applicable law, United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

This report is made solely to the Cathedral’s Administrative Body. Our audit work has been undertaken so that we might state to the Administrative Body those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Administrative Body, for our audit work, for this report, or for the opinions we have formed.

Respective responsibilities of the Administrative Body and auditor As explained more fully in the Statement of Responsibilities of the Administrative Body on page 5, the Administrative Body is responsible for the preparation of financial statements which give a true and fair view.

Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board’s (APB’s) Ethical Standards for Auditors.

Scope of the audit of the financial statements An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the group’s and cathedral’s circumstances and have been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates made by the Administrative Body; and the overall presentation of the financial statements. In addition, we read all the financial and non-financial information in the Administrative Body’s Annual Report to identify material inconsistencies with the audited financial statements. If we become aware of any apparent material misstatements or inconsistencies we consider the implications for our report.

Opinion on financial statements In our opinion the financial statements:  give a true and fair view of the state of the group’s and cathedral’s affairs as at 31 December 2013 and of its incoming resources and application of resources, for the year then ended;  have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice  have been properly prepared in accordance with the provisions of the Accounting and Reporting Regulations for English Anglican Cathedrals issued in November 2006 and specified by the Church Commissioners under the powers given to them by the Cathedrals Measure 1999.

Matters on which we are required to report by exception We have nothing to report in respect of the following matters where the applicable law requires us to report to you if, in our opinion:  the information given in the Administrative Body’s Annual Report is inconsistent in any material respect with the financial statements; or  sufficient accounting records have not been kept; or  the financial statements are not in agreement with the accounting records and returns; or  we have not received all the information and explanations we require for our audit.

BISHOP FLEMING LLP Chartered Accountants and Registered Auditors 16 Queen Square Bristol BS1 4NT

Date:

26 The Cathedral Church of the Holy and Undivided Trinity in Bristol CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2013

Notes Unrestricted Restricted Endowment 2013 2012 £ £ £ £ £ Incoming resources 2

(i) Voluntary income 153,277 73,159 - 226,436 195,331 (ii) Grants receivable 2,960 393,341 - 396,301 366,093 (iii) Charges and fees arising in the course of the mission 103,259 - - 103,259 117,696 (iv) Income from activities generating funds 69,285 - - 69,285 89,355 (v) Income from property and investments 192,404 93,272 158 285,834 276,303 (vi) Other income 315 - - 315 1,986 ______

Total incoming resources 521,500 559,772 158 1,081,430 1,046,764

Costs of generating funds 3 (89,058) - - (89,058) (79,571) ______Net incoming resources available for mission 432,442 559,772 158 992,372 967,193 ______

Resources expended on mission 4 (i) Ministry (205,042) (254,797) - (459,839) (475,225) (ii) Cathedral and precincts upkeep (273,965) (118,703) - (392,668) (379,411) (iii) Education and outreach (50,339) (500) - (50,839) (62,279) (iv) Community - (49,491) - (49,491) (11,822) ______

Total resources expended on mission (529,346) (423,491) - (952,837) (928,737) ______

Governance costs (19,569) - - (19,569) (17,177) ______Total resources expended on generating funds, mission and governance (637,973) (423,491) - (1,061,464) (1,025,485) ______

Net (outgoing)/incoming resources (116,473) 136,281 158 19,966 20,279

Gains / (losses) on revaluations and disposals of investments Unrealised 6 33,360 64,950 267 98,577 58,076 Realised - - - - -

Gross transfers between funds 8,240 (8,240) - - - ______

Net increase / (decrease) in funds (74,873) 192,991 425 118,543 79,355

Funds brought forward 3,449,644 788,929 3,230 4,241,803 4,162,448 ______

Funds carried forward 3,374,771 981,920 3,655 4,360,346 4,241,803 ______

27 The Cathedral Church of the Holy and Undivided Trinity in Bristol CONSOLIDATED BALANCE SHEET as at 31 December 2013

Total Total Notes Unrestricted Restricted Endowment 2013 2012 £ £ £ £ £ Fixed assets Investment assets Investments 7 210,189 981,244 3,655 1,195,088 1,096,511 ______

Non investment assets Non-investment property 8 2,862,794 - - 2,862,794 2,862,794 Equipment, fixtures and fittings 9 88,242 676 - 88,918 11,550 ______

2,951,036 676 - 2,951,712 2,874,344 ______

Total fixed assets 3,161,225 981,920 3,655 4,146,800 3,970,855

Current assets Stocks 1,692 - - 1,692 12,162 Debtors 10 146,318 - - 146,318 137,432 Cash at bank and in hand 209,368 - - 209,368 278,680 ______

357,378 - - 357,378 428,274 Liabilities due within one year Creditors 11 (143,832) - - (143,832) (157,326) ______

Net current assets 213,546 - - 213,546 270,948

______

Net assets 3,374,771 981,920 3,655 4,360,346 4,241,803 ______

Funds Endowment 16 - - 3,655 3,655 3,230 Restricted 17 - 981,920 - 981,920 788,929 Unrestricted General Fund 3,374,771 - - 3,374,771 3,449,644 ______

3,374,771 981,920 3,655 4,360,346 4,241,803 ______

The accounts set out on pages 27 to 41 were approved by the Administrative Body on …………………

……………………………………………. ……………………………………………. Dean Canon Treasurer

28 The Cathedral Church of the Holy and Undivided Trinity in Bristol CATHEDRAL BALANCE SHEET as at 31 December 2013

Total Total Notes Unrestricted Restricted Endowment 2013 2012 £ £ £ £ £ Fixed assets Investment assets Investments 7 210,189 981,244 3,655 1,195,088 1,096,511 Investment in subsidiary 13,351 - - 13,351 13,351 ______

223,540 981,244 3,655 1,208,439 1,109,862 ______

Non investment assets Non investment property 8 2,862,794 - - 2,862,794 2,862,794 Equipment, fixtures and fittings 9 85,718 676 - 86,394 7,402 ______

2,948,512 676 - 2,949,188 2,870,196 ______

Total fixed assets 3,172,052 981,920 3,655 4,157,627 3,980,058

Current assets Stocks 547 - - 547 547 Debtors 10 173,910 - - 173,910 142,399 Cash at bank and in hand 195,640 - - 195,640 269,018 ______

370,097 - - 370,097 411,964 Liabilities due within one year Creditors 11 (140,743) - - (140,743) (150,624) ______

Net current assets 229,354 - - 229,354 261,340

______

Net assets 3,401,406 981,920 3,655 4,386,981 4,241,398 ______

Funds Endowment 16 - - 3,655 3,655 3,230 Restricted 17 - 981,920 - 981,920 788,928 Unrestricted General Fund 3,401,406 - - 3,401,406 3,449,239 ______

3,401,406 981,920 3,655 4,386,981 4,241,398 ______

The accounts set out on pages 27 to 41 were approved by the Administrative Body on …………………

……………………………………………. ……………………………………………. Dean Canon Treasurer

29 The Cathedral Church of the Holy and Undivided Trinity in Bristol NOTES TO THE ACCOUNTS for the year ended 31 December 2013

1. ACCOUNTING POLICIES

Basis of Accounting The accounts are prepared in accordance with applicable accounting standards and under the historical cost basis of accounting as modified by the revaluation of certain fixed assets, and in accordance with the Guidelines on Accounting and Reporting by English Anglican Cathedrals (“the 2006 guidelines”) prescribed by the Church Commissioners under s.27 of the Cathedrals Measure 1999 and published in November 2006.

Heritage assets Following the adoption of the 2006 guidelines, the Cathedral and its ancillary buildings are classified as heritage assets and are therefore excluded from the balance sheet. Heritage assets previously capitalised were excluded from the balance sheet and were written off in the statement of financial activities, after total funds brought forward, in accordance with section 7.2.6 of the 2006 guidelines.

Basis of consolidation The consolidated financial statements include the Cathedral and its subsidiary, Bristol Cathedral Enterprises Limited. Intra-group income and expenditure are eliminated fully on consolidation. The activities of Bristol Cathedral Trust, The Friends of Bristol Cathedral, The Bristol Cathedral Choral Foundation, Bristol Cathedral School and Bristol Cathedral Choir School have not been consolidated because the Cathedral does not control those activities.

Depreciation Depreciation is calculated so as to write off the cost of tangible fixed assets, less their estimated residual value, on a straight line basis over the expected useful economic life of the asset concerned. Depreciation is calculated at the following rates:

Equipment, fixtures and fittings Over 3-10 years

Freehold property included in fixed assets is maintained, as a matter of Cathedral policy, by way of a programme of repair and refurbishment such that the residual value of the property is at least equal to its book value. Therefore, the Chapter considers the value of depreciation of the freehold property to be immaterial and no charge has been made.

Non Investment properties Assets defined as non investment properties within the 2006 guidelines should be included at a valuation. The Chapter believe that revaluation of the property used by Bristol Cathedral Choir School would not be practical and the Cathedral would not benefit from revaluation. As a result, this is a departure from the 2006 guidelines.

Capitalisation of Fixed Assets All fixed assets over £5,000 purchased or received by way of gift (other than heritage assets) are capitalised and shown in the balance sheet.

Investments Investments are shown in the balance sheet at market value. Any realised or unrealised gains are allocated to the relevant fund and shown in the Statement of Financial Activities.

Pension Costs The Cathedral makes contributions to a defined contribution scheme in respect of some of its staff. The assets of the schemes are held separately from those of the Cathedral in independently administered funds. The amounts charged against income represent contributions payable to the schemes by the Cathedral in respect of the accounting period.

30 The Cathedral Church of the Holy and Undivided Trinity in Bristol NOTES TO THE ACCOUNTS (continued) for the year ended 31 December 2013

1. ACCOUNTING POLICIES (continued)

Grants, Donations and Legacies Grants, donations and legacies subject to restrictions are credited to the appropriate fund when they are received or become receivable. Restricted amounts received in respect of the purchase of a depreciated fixed asset are credited to the Statement of Financial Activities and an amount debited to the restricted fund each year in respect of the depreciation of the asset.

Third party receipts and payments Where amounts are payable on behalf of the cathedral by third parties then these are shown under both income and expenditure.

Stock Stock is stated at the lower of cost and net realisable value.

Funds The Cathedral funds are analysed into three different categories as follows:

Unrestricted funds are expendable at the discretion of the Chapter in furtherance of the Ministry of the Cathedral.

Restricted funds are funds subject to a specific purpose within the objects of the Cathedral. The related expenditure of these funds is charged to these funds.

The largest restricted fund is the Cathedral’s Fabric Fund. The Fabric Fund is held for the purpose of defraying the costs of maintaining or enhancing the Cathedral fabric, including professional fees and insurance. The policy of the Chapter is to show legacies that are received with no restrictions attached as unrestricted, but then to transfer these to the Fabric Fund and hence treat them as restricted.

Included in restricted funds are capital amortization funds. These include grants received and spent on the purchase of fixed assets. These funds are being amortized in line with the depreciation of the relevant fixed asset. The balance on these funds does not represent unspent funds. In accordance with the 2006 guidelines, grants for inventory items are no longer to be amortised and so the balance relating to them has been written out.

Endowment funds are funds where the Cathedral has no power to convert the capital into income but can apply income derived from the funds for the general purposes of the Cathedral.

Allocation of support costs All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis, as detailed in note 4.

31 The Cathedral Church of the Holy and Undivided Trinity in Bristol NOTES TO THE ACCOUNTS (continued) for the year ended 31 December 2013

2. INCOMING RESOURCES ------Fund------Unrestr- Restr- Endow- 2013 2012 icted icted ment Total Total £ £ £ £ £ (i) Voluntary income Regular giving – gift aided 51,378 - - 51,378 53,917 Regular giving – not gift aided 20,412 - - 20,412 19,770 Donations – gift aided 4,405 - - 4,405 5,349 Donations – not gift aided 63,137 6,060 - 69,197 101,020 Gift Aid 13,945 - - 13,945 14,816 Legacies - 67,099 - 67,099 459 ______

153,277 73,159 - 226,436 195,331 ______

(ii) Grants receivable Church commissioners - 258,035 - 258,035 261,350 Other revenue and capital gains 2,960 20,000 - 22,960 1,232 Income from Friends and local trusts - 115,306 - 115,305 103,511 ______

2,960 393,341 - 396,301 366,093 ______

(iii) Charges and fees arising in the course of mission Hire and facility fees 103,259 - - 103,259 117,696 ______

(iv) Income from activities generating funds Gross income of shop, refectory and other activities 69,285 - - 69,285 89,355 ______

(v) Income from property and investments Property income 171,785 54,730 - 226,515 219,630 Investment income 20,619 38,542 158 59,319 56,673 ______

192,404 93,272 158 285,834 276,303 ______

(vi) Other income Other 315 - - 315 1,986 ______

Total incoming resources 521,500 559,772 158 1,081,430 1,046,764 ______

32 The Cathedral Church of the Holy and Undivided Trinity in Bristol NOTES TO THE ACCOUNTS (continued) for the year ended 31 December 2013

3. COSTS OF GENERATING FUNDS ------Fund------Unrestr- Restr- Endow- 2013 2012 icted icted ment Total Total £ £ £ £ £

Gross costs of shop, refectory and other activities 89,058 - - 89,058 79,571 ______

4. EXPENDITURE ON MISSION

(i) Ministry Clergy stipends and working expenses - 104,140 - 104,140 116,710 Clergy housing costs 14,905 - - 14,905 13,982 Clergy support costs 2,164 - - 2,164 1,915 Services, music and congregational costs 76,477 150,657 - 227,134 221,477 Depreciation - - - - - Administrative services 111,496 - - 111,496 121,291 ______

205,042 254,797 - 459,839 475,225 ______

(ii) Cathedral upkeep Maintenance and fabric projects 83,757 15,447 - 99,204 149,957 Cathedral insurance 26,602 - - 26,602 26,064 Heat, light and water 54,303 - - 54,303 48,132 Vergers 73,398 82,737 - 156,135 93,837 Depreciation - 676 - 676 776 Administrative services 35,905 19,843 - 55,748 60,645 ______

273,965 118,703 - 392,668 379,411 ______

(iii) Education and outreach 33 Educational activities 20,174 500 - 20,674 24,015 Charitable 3,659 - - 3,659 7,486 Administrative services 26,506 - - 26,506 30,778 ______

50,339 500 - 50,839 62,279 ______

(iv) Community Communications - 49,491 - 49,491 11,822 ______

- 49,491 - 49,491 11,822 ______

33

The Cathedral Church of the Holy and Undivided Trinity in Bristol NOTES TO THE ACCOUNTS (continued) for the year ended 31 December 2013

5. AUDITORS’ REMUNERATION 2013 2012 The auditors’ remuneration (excluding VAT) was as follows: £ £ Bristol Cathedral 7,493 7,161 Bristol Cathedral Enterprises Ltd 3,225 3,123 ______

6. INVESTMENT INCOME AND GAINS/LOSSES

Equity / Fixed Investment Property Interest 2013 2012 Interest Funds Fund Shares Total Total £ £ £ £ £

Investment income receivable 39,525 17,814 1,980 59,319 56,674 ______

39,525 17,814 1,980 59,319 56,674 ______

Realised gains/(losses) - - - - - Unrealised gains/(losses) 102,175 (602) (2,996) 98,577 58,076 ______

102,175 (602) (2,996) 98,577 58,076 ______

Total income and gains/(losses) 141,700 17,212 (1,016) 157,896 114,750 ______

7. FIXED ASSETS – INVESTMENTS AT MARKET VALUE GROUP AND CATHEDRAL

CBF CBF CBF UK CBF Fixed CBF Global Equity Property Interest Investment Equity Fund Fund Fund Fund Fund Total £ £ £ £ £ £ 34

Balance b/f 41,732 223,080 43,577 687,164 100,958 1,096,511 Additions ------Disposals ------Unrealised gain/(loss) 8,437 (602) (2,995) 80,274 13,463 98,577 on revaluation Realised gain/(loss) ------on disposal

Balance c/f 50,169 222,478 40,582 767,438 114,421 1,195,088

The portfolio is structured in the United Kingdom, except for the CBF Global Equity Fund and the CBF Investment Fund, where approximately 40% of the fund is held in overseas securities and approximately 4% is held in overseas fixed interest.

34

The Cathedral Church of the Holy and Undivided Trinity in Bristol NOTES TO THE ACCOUNTS (continued) for the year ended 31 December 2013

8. FIXED ASSETS – NON INVESTMENT PROPERTY GROUP AND CATHEDRAL For For cathedral school Total use use £ £ £ AT COST OR VALUATION At 1 January 2013 2,853,663 9,131 2,862,794 Additions - - - Revaluation - - - Disposals - - - ______

At 31 December 2013 2,853,663 9,131 2,862,794 ______

DEPRECIATION At 1 January 2013 - - - Charge for the year - - - Disposals - - - ______

At 31 December 2013 - - - ______

NET BOOK VALUE At 31 December 2013 2,853,663 9,131 2,862,794 ______

At 31 December 2012 2,853,663 9,131 2,862,794 ______

The freehold property cost or valuation above represents the cost or valuation of acquiring various properties in Bristol and the cost of any improvements made to these properties.

The Cathedral owns five residential properties and during the year four of these properties were occupied by the 35 Dean, two Commissioners’ Canon and the Head Verger. The fifth property was formerly occupied by the Assistant Organist and is retained to meet future staff housing needs. This property has been let commercially, but it remains a functional property. The values of these properties have been reviewed in the year by the Finance Manager, in the light of appropriate market information for properties of similar location and condition.

The Cathedral owns various land and buildings adjoining the Cathedral precincts that are used by Bristol Cathedral Choir School. The Cathedral does receive rental income from the school but due to the inherent difficulty in separating and valuing the different properties used by the school, this class of property is valued at cost.

The Cathedral shop and coffee shop are within the Cathedral precincts and have no separate insured value.

The office accommodation used by the Cathedral’s administrative staff is within the Cathedral precincts and has no separate insured value.

35

The Cathedral Church of the Holy and Undivided Trinity in Bristol NOTES TO THE ACCOUNTS (continued) for the year ended 31 December 2013

9. FIXED ASSETS – EQUIPMENT FIXTURES AND FITTINGS

CATHEDRAL GROUP Equipment, Equipment, Fixtures & Fixtures & Fittings Fittings £ £ AT COST At 1 January 2013 240,574 295,687 Additions during the period 100,794 102,995 Disposals and write offs - - ______

At 31 December 2013 341,368 398,682 ______DEPRECIATION At 1 January 2013 233,172 284,137 Charge for the period 21,802 25,627 Disposals - - ______

At 31 December 2013 254,974 309,764 ______NET BOOK VALUE At 31 December 2013 86,394 88,918 ______

At 31 December 2012 7,402 11,550 ______

10. DEBTORS CATHEDRAL GROUP 31 December 31 December 31 December 31 December 2013 2012 2013 2012 £ £ £ £

Trade debtors 63,303 68,652 35,353 63,234 Other debtors and prepayments 110,607 73,747 110,965 74,198 ______36

173,910 142,399 146,318 137,432 ______

11. CREDITORS CATHEDRAL GROUP 31 December 31 December 31 December 31 December 2013 2012 2013 2012 £ £ £ £

Trade creditors 41,685 37,016 42,561 37,338 Other creditors 99,058 113,608 101,271 119,988 ______

140,743 150,624 143,832 157,326 ______

36

The Cathedral Church of the Holy and Undivided Trinity in Bristol NOTES TO THE ACCOUNTS (continued) for the year ended 31 December 2013

12. STAFF COSTS

Staff costs included in the expenditure of the Unrestricted Fund and the Church Commissioners Fund were as follows: Employers National Insurance Pension 2013 2012 Salaries Contributions Costs Total Total £ £ £ £ £

Clergy 74,141 6,455 23,544 104,140 116,710 Vergers 86,615 6,340 1,648 94,603 89,675 Services and Music 107,617 8,859 3,414 119,890 111,591 Administration 115,661 9,689 3,314 128,664 144,729 Trading Activities 43,987 1,723 552 46,262 28,799 Education 16,057 611 760 17,428 17,885 ______

444,078 33,677 33,232 510,987 509,389 ______

Restricted fund receipts included in other grants in note 2ii relate to the salaries of the Dean and the Residentiary Canons. The corresponding expenditure is described as clergy costs above.

The average number of persons, in total and full time equivalent employed during the year was as follows:

Full time equivalent Total

2013 2012 2013 2012

Clergy 3 3 3 3 Vergers 4 4 7 7 Music 3 3 20 20 Administration 2 3 4 4 Trading 1 1 3 3 Education - - 1 1 ______

13 14 38 38 37 ______

No member of staff had emoluments above £60,000.

13. RELATED PARTY TRANSACTIONS

The total of Chapter member expenses reimbursed (for 8 members) during the year was £8,020 (2012: £7,330 for 6 members). The total amount owed to the members outstanding at 31 December 2013 was £ 475 (2012: £673). This is included within Trade Creditors.

The Dean is a governor of Bristol Cathedral Choir School and a trustee of Bristol Cathedral Choral Foundation. The Canon Treasurer and Dean are also trustees of Bristol Cathedral Trust. Details of the transactions between these related parties are disclosed on page 40.

37

The Cathedral Church of the Holy and Undivided Trinity in Bristol NOTES TO THE ACCOUNTS (continued) for the year ended 31 December 2013

14. CONSOLIDATION

Bristol Cathedral Enterprises Limited is a wholly owned subsidiary of the Cathedral.

15. EXPENDITURE COMMITMENTS

There were no commitments at 31st December 2013.

16. ENDOWMENT FUND – GROUP AND CATHEDRAL Ida Freeman Fund £

At 1 January 2013 3,230 Interest 158 Gain on revaluation 267 ______

At 31 December 2013 3,655 ______

38

38

The Cathedral Church of the Holy and Undivided Trinity in Bristol NOTES TO THE ACCOUNTS (continued) for the year ended 31 December 2013

17. RESTRICTED FUNDS – GROUP AND CATHEDRAL Self Capital Balancing Other Total Amortization Funds Funds Restricted Funds 17a 17b Funds £ £ £ £

Balance at 1 January 2013 1,352 - 787,577 788,929

Income Interest - - 38,542 38,542 Donations and legacy received - - 73,159 73,159 Grants received - 353,622 39,719 393,341 Other - 54,730 - 54,730 ______

Total income - 408,352 151,420 559,772 ______

Expenditure Vergers - 82,737 - 82,737 Fabric - 13,039 2,408 15,447 Services and music - 138,602 12,055 150,657 Education - 500 - 500 Clergy costs - 104,140 - 104,140 Depreciation 676 - - 676 Administration - 19,843 - 19,843 Community - 49,491 - 49,491 ______

Total expenditure 676 408,352 14,463 423,491 ______

Gain on revaluation of investments - - 64,950 64,950

Gain on sale of investments - - - - 39 Transfer from unrestricted funds - - (8,240) (8,240) ______

Balance at 31 December 2013 676 - 981,244 981,920 ______

39

The Cathedral Church of the Holy and Undivided Trinity in Bristol NOTES TO THE ACCOUNTS (continued) for the year ended 31 December 2013

17. RESTRICTED FUNDS – GROUP AND CATHEDRAL (continued)

a. Self Balancing Funds Bristol Bristol Bristol Bristol Other Church Cathedral Cathedral Cathedral Cathedral Grant-making Total Commissioners Trust Choir School Concerts Choral Fdn Bodies £ £ £ £ £ £ £ Balance at 1 January 2013 ------

Income Donations received - - - - - 17,093 17,093 Grants for fabric - 13,039 - - - - 13,039 Grants for music - 9,300 - 3,000 14,507 3,250 30,057 Grants for education - 500 - - - - 500 Other grants 258,035 32,398 - - - - 290,433 Other income - 2,500 54,730 - - - 57,230

Total Income 258,035 57,737 54,730 3,000 14,507 20,343 408,352

Expenditure Vergers 82,737 - - - - - 82,737 Fabric - 13,039 - - - - 13,039 Services and music (inc. organist) 53,815 9,300 54,730 3,000 14,507 3,250 138,602 Education - 500 - - - - 500 Clergy costs 104,140 - - - - - 104,140 Other projects - 32,398 - - - 17,093 49,491 Administration 17,343 2,500 - - - - 19,843

Total expenditure 258,035 57,737 54,730 3,000 14,507 20,343 408,352

Balance at 31 December 2013 ------

40

The Cathedral Church of the Holy and Undivided Trinity in Bristol NOTES TO THE ACCOUNTS (continued) for the year ended 31 December 2013

17b. OTHER RESTRICTED FUNDS – GROUP AND CATHEDRAL Fixed Organ Flagpole Music Girls Asset Scholarship Choral Cathedral Maintenance Floors Purchase Bells Organ Prize Garden Choir Fund & Singing Training Education Fabric Festival Total £ £ £ £ £ £ £ £ £ £ £ £ £ £ £

Bal. at 1 January 2013 606 38,835 3,621 159 81,401 472 - 12,236 - 1,782 26,398 28,831 589,062 4,174 787,577

Income Interest 30 1,901 177 3,985 23 - 599 - 87 1,292 1,411 28,833 204 38,542 Donations received - - 4,301 1,760 - - - - 38,719 - - - - - 44,780 Legacies - - - - 60,172 ------6,926 - 67,098 Grants received ------1,000 ------1,000

Total Income 30 1,901 4,478 1,760 64,157 23 1,000 599 38,719 87 1,292 1,411 35,759 204 151,420

Expenditure Fabric - - - 1,919 - - 489 ------2,408 Services and music - - - - 11,905 150 ------12,055 Education ------

Total expenditure - - - 1,919 11,905 150 489 ------14,463

Gain on revaluation of 50 3,203 299 - 6,714 39 - 1,009 - 147 2,177 2,378 48,590 344 64,950 investments Loss on sale of investments ------Transfer from/(to) ------(8,240) - - - - - (8,240) Unrestricted Fund - -

Bal at 31 December 686 43,939 8,397 - 140,367 384 511 13,844 30,479 2,016 29,867 32,620 673,411 4,722 981,244 2013

41