ALL SAINTS, CHURCH- FOUR OAKS
FINANCIAL STATEMENTS
OF THE
PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31st DECEMBER 2023
INCUMBENT:
Rev Leanne Carr
26 All Saints Drive
Four Oaks
Sutton Coldfield
B74 4AG
BANKERS:
(CHURCH)
H.S.B.C. BANK P.L.C.
114 High Street
Stourbridge
DY8 1DZ
(CENTRE)
H.S.B.C. BANK P.L.C.
67 The Parade
Sutton Coldfield
B72 1PD
INDEPENDENT EXAMINER
lan Stewart Brown FCA
Churchlll Groves
4 Cannock Road
Chase Terrace
Burntwood
Staffordshire
WS7 1JP
Reglstered Charlty Number: 1127355

CONTENTS
Item
Page
No.
Annual Report
Independent Examiner's Report
12
Statement of Financial Activities
13
Balance Sheet
14
Accounting Policies
15
Notes to the Financial Statements
18

ALL SAINTS, CHURCH FOUR OAKS su￿ON COLDFIELD
ANNUAL REPORT 2023
AIM AND PURPOSES
All Saints Four Oaks Parochial Church Councll {PCC) has the responsibility of cowp8rating with the
in¢umbent in promoting in IPE ecclesiastical parish, the whole mission of the Church. pastoral.
evangelistic, SOGial and ecumenical. Haviro been in Vacancy for eighteen months. the parish
welcomed the Reverend Leanne Carr as our new incumbent in October 2023. Leanne is also the
incumb8rrt of our neighbouring parish, St James,, Hill. TIE PCC also has responslbllity for
maintainlro the church building and All Saints, Church Centre and grounds, in¢ludlng the communty
bLFilding and storage building which are occupied under licence by the Scout and Guide groups
affiliated lo Al Saints, together with the fomier Curats's House at 2 Knightsbridge Close.
OBJECTIVES AND ACTIVITIES
The PCC Is committed to enabling as many people as po$$ible to share our worship and to become
part of the parish community at All Saints. The alm is to offer services to involve the many groups
thal live within our local area. Our worship. both in fonnal services and more relaxed actlvities such
as Messy Church. puts faith into practice through pray8r and scripture, music and sacrament. The
PCC also ccpordinates our mission work, both within the parish and further afield. There are currenly
three sut>committees which report to the PCC. These are the Chur¢h Centre committee, whlch
oversees the Centre managers and decides the bn)ad strategy of how the Centre can further the
alms of the church., the Children and Families committee which focuses on the inclusion of youThJ
people within the All Saints. family, and the Chartties committee which recommends the allocation of
funds raised for mission and chartiy work. There is also a Pastor81 team which assists with pastoral
care of IIKJS8 in need, particularly the sick arKi infirm, atKJ works in conjunction wth the incumb8nt. It
is likely that the structure and function of PCC sutrpcommittees will be reviewed by the Vicar in IF
coming monlhs.
When planning our activtiies for Ihe year. we have considered the Charity Commission's guidance on
public benefit, and especially the supplementary guidat￿e on charities for the advancement of
religion. In particular. we try to enable ordinary people to liv6 out their faith as part of our parish
communty through:
. Worship and prayer, leaming aboLrt the Gospel and dev&loFing their knowledge
and trust in Jesus Christ.
. Provision of pastoral care for people living in the parish.
. Missionary and outreach work
To facllltate this work, the PCC understsnds that it is imFX)rtant that the fabric of the church building,
the Church Centre and the community bulldlngs is regularly maintsined. In order to idenlfy any risks
in rélation lo buildings, professional quinquennial inspections are performed. The 12St inspection of
the Church wa5 held in 2019, which confimied that the building has been well maintained in the past.
The minor works recommended We￿ completed during 2022. Professional insp8Ctions of electrical
systems, gas boilers, fire extinguishers and the church lightning conduclor are also perfO￿@d
periodically, and insurance a￿angements regularly UFthted.
As an added security measure. the Church Centre is covered by CCTV. The PCC has also put in
place a Health and Safety policy and a Safeguarding policy to which Centre hirers are ￿UIred to
adhere, a Privacy policy. a Risk policy and policies for responding to Domestic Abuse, Lone Workers,
Employment of Ex-offenders and Whi$tl&blowers. All policies are reviewed and updaled annually.
Separate funds are kept for the maintenance of buildings. the organ and the Curate's House.

ACHIEVEMENTS AND PERFORMANCE
During the Vacancy the parish ￿nefited from the assistsnce given by the Rev'd Roger Sheppard and
the lay members of our congregation who have led All Age services. PCC has been grateful for th8
guidance of the Area Dean, the Rev'd Ann Richardson, and we have also had the pleasure of
welcoming many visiting clergy and lay leaders from w￿h1n the Deanery and the Diocese to lead our
services.
Worship, Music and Dlsclplèshlp
Thè PCC alm$ to offer a fange of services in a variety of styles during the week and ov&r the course
of the year, that our community find bolh beneficial and spiritually fuffilliro. All are welcome to attend
our regular services.
In aGGordance with the Church Representation Rules 2￿20, the Electoral Roll was upyated prlor to
the 2023 Annual Paro¢hial Church Meeting (APCM) held in May arvj listed 111 memb8r5 1118
members In Aprfl 2022).
Following the Introductlon of Zoom service5 during the pandemlc kxkdowns, hybrid Sunday moming
services held in church but also available on Zoom have generally been continued throughout the
year. Prior to Adrian Leahls retirement, the purchase of upgraded audio&Vi$LJal equipment for the
church was being invesligated, in order to provide the best possible experience for church members
both in church and at home. This project was paused during the Vacancy, but followng Leanne's
app)Intment, further consideration will be given to how best to sharo our servi￿S as widely as
possible.
Wednesday moming s8Nices, nomialty an lona style Communion $eNice, have contiNed to be
popular, and provide a quieter more reflective ex￿rfence. We hgve been pleased to welcome
several members of St James church to these services.
Monthly Messy Chur¢h services have continued on the second Saturday of the mcth throughout
2023, with a good numb8r of families attendlng on a regular basis aThl new familie5 joining most
months. The sessions ¢omprfse several themed activities in the Gent￿, followed by 8 short worship
time in church, then tea back in the Centre. W8 have benefitted from a regular helFW from St James,
and sever81 members of our congregation help wlth food and activities. Al are welcome to join these
services, with or wthout youngsters. On Good Friday a very 5uttessful Messy Easter Breakfast was
attended by Several Messy Church famili6s as well as members of our regular Sunday congregation,
followed by the Walk of Witness lo Mere Green to attend the ecumenical service outside St James..
PCC continues to look for ways of strengthening the connection ￿tween Messy chU￿h families and
the Sunday and Wednesday congregations.
Weekly Stations of the Cross seNlces were led by lay people throughout Lent and a fijll rarye of
services was offered at Easter, including a sunrise service on Easter Day followed by breakfast.
The church was full for the Mothering Sunday parade service which was a nonvEucharistic alkage
service, led by Sally Cox and Sharon Saunders. We also welcomed members of the unlfomied
or9anisations to parade services to ¢elebrate the HaNest FestlV81 and Remembran¢e Sunday.
An afternoon All Souls service wa5 held on 29 Octoter, and th8 followng week we celebrated All
Saints. day with a Patronal lunch. where we were joined by fri8nds from St Jame$'.
The busy Christmas seawn included visits from th& local primary schools who held Iheir carol
services in church, and a very popular Christingle setvice on Christmas Eve. Building on Ihe success
of lasl yearfs event. the Christmas tree festival was held over 3 days the week before Christmas,
finishing with our carol service on the Sunday aftemoon.
We have been wtthoul a Dlrector of Music throughoLrt the year. $0 we have welcomed several
different organists to provide music for our $eNices. induding our traditional carol seNice.

The important funeral ministry continued, wlth 6 funerals in church and 1 at crematoria, and some of
these services We￿ also streamed on the intemet. There were also 9 baptisms in church and 1
wedding.
Being without a Vicar for much of the year, 2023 continued to present challenges. but assistsnl and
visiting clergy, the Wardens, leam and church members have demonstrated adaptability and flexibilty
in sharing our worship as widely as possible. Now Ihat we have welcomed Leanne as our new
incumbent. the pattem and variety of seNices will be reviewed to ensure we offer a wide range of
worshlp opportunities.
Mission. Outreo¢h and Communlcatlon
The principal oulrearh organisations affiliated to All Saints are the long established Mothers, Union
branch which provides fellowship for members while doing valuable work locally and worldwide, the
scout and guide groups which continued to provide a full range of meelirrfJs and physical activities
throughout the year, and Little Seedlings stay and play group for pre-school children which is so
)pular that it is full to capacity most weeks. Several of th8 Little See<Jlings families hav8 joined
Messy Church or other All Saints activili8s.
A weekly Knit and Natter group provides fellowship for severdl of our church members and fiiends
from St James..
The coronation of King Chafles111 was ¢8lebrated with aftemcon tea, wilh ￿ea in a box. délivered lo
some of our housebound members.
A new ventur8 for All Salnts was a summer party h&ld on 2, Septem￿r. The party ran throughout
the aftemoon and evening and was attended by around 100 people. There was a delicious barbecue,
and perfomiances by a wide range of talented musicians. as well as some games and stslls.
A￿hOUgh intended primarily as a community event, a modesl profit was made, arnl plans are already
being made for an even bigger and better party in July 2024.
Sharon Saundets again organised a Posada during Advent, which is a lovely way to prepare for
Christmas and much valued by families from Messy Church and Litue Seedlings and other churGh
members who took part.
The Christmas tree festival In church gave another opportunty for All Saints to engage with the local
community, and useful charitable donations were also received. In addition to more than 20
beaLrtrfully decorated trees to admire, visitors were entertained by a variety of musicians and could
enjoy dellclous refreshments. Children were able to pay a vish to Santa's grotto. follow a Reindeer
trail and take part in plenty of other family friendly activf(les In the Centre.
Although we do not have the resources to deliver Christmas cards to all residents of th& parish,
card giving detsils of Christmas activities at All Saints was produced and made 8V8ilable to church
members and Cerrtre users, and local school children ￿ceiVed an electronlc version.
It is the policy of the PCC to donate at least 5% of income from nomal givlng to a wide range of Ioc81.
national and intemational mlssions and charities, ar￿ the Charilies sutKommittee of the PCC makes
a recommendation to the PCC of organisations to be supported. Although we have not held a
significant fvndraising event such as the pre-pandemic Christmas market, various smaller social aTh
community events have made some contribution to our charitsble giving. We continue to sp)nsor a
child, currently Million from Ethiopia. through the Worfd Vision charity, a5 we have done for many
years.
During the year, David East volunteered to act as Eco charn￿0n for All Saints, and with his guidance
All Saints has achieved the Bronze Eco Church award. We are now workiro towards Sifver.
The Church Centre provides a valuable community resource for a large variety of local organisations.
and the rnanagers work hard to promole innovatlve activities. Constderation continues to be given to
how the Church Centre can be best used for mission purposes.

The monthly parish magazine ha5 been produced thrO￿]hoUl 2023, ar)J work is continuing to en$ure
that the church website and social media are regulady updated 2nd deveb¥ed.
Deanory Synod
Three members of the PCC also sit on the Deangry Synod which is int8nd8d to provide the PCC with
an important link be￿een the parish atyj the wider structure of the church. In 2023 there were three
meetings. with a wid8 variety of subjects baing discussed. A Deanery Synod report will be made
available for the Annual Parochial Church Meeting.
Chur¢h Centre
We are fortunate to have our excellent and well-malntalned Church Centre building, which has
a￿ays been very well used, t#)th by thurch groLPS paying clients. We also have the benefit of a
modem communty building and slore, used mostly by the scout and guide groups affiliated to All
Saints, but also hired out to paying clients.
The Centre commtttee oveT5ees Ihe Centre managers slaff, all ot whom contribute to ensuring
that the Centre provides a useful community ￿source and extends the mission of the church.
A Church Centre report is attached to this amual reForL
Pastoral Care
Members of the team assist the clergy in visiting the S￿k, frail and bereaved in ihe parish, and Home
Communion is also offered to those who request it.
Churches Together In Four Oaks
All Saints has a representative on the ¢ommittee of Church8s Together in Four Oaks. The principal
event in 2023 wa5 the well-8ttended outdoor Good Friday servlce in Mere Green in glorious sunshine,
with live music proving popular. In the past, activities have ir￿lUded joint services thr88 time a year as
well a5 on Good Friday, social events. the delivery of Easter cards and ¢arol singing in me￿ Green.
and il is hoped that some of these may be resumed in fLrturo.
Conclusion
It is recognized that we are very fortunate in having well-maintsined buildings and h8althy financial
reseNes, which ensure that we are well placed for the future.
The PCC looks forward to Continuing to play its part ir) developing the worf( of the Church in Four
Oaks. and we express our sincere appreciation to all who have supported All Saints during the year,
whether financially or in many other ways.

FINANCIAL REVIEW
The combined accounts for All Saints in 2023 showed d8ficits of (£9,111) for the Church and1£2,391)
for the Centre, a total of (£11.502). Comments relating to Centre are included laler in this report
and the details given below relale only to th8 Church.
Unfortunately last year il was antlcipated that we would probably be facing a signrficant ￿duCtIon in
the level of stewardshiplcollections income during 2023. Sadly this has proved to be the case as we
saw a reduction of £7,983 and, in addition, the tax recovery from gift aided contributions was £1,798
low8r. We have endeavoured to contain overheads where possible but, unfortunately, the significant
Increase in gas and electricity rates increased these charges by £2,294 during the year. and the
reduction in rates introduced on our annual review wilh effect from October 2023 was particulady
welcomed. The maln items of expenditu￿ were £2,448 in resp8¢t of the replacement of light bulbs
both inside and outside the building as many wefe not working, and £550 for the 5 yeady electrical
insF*dion. Both of these charges beiry net of vat as it has been recovered UFYJer th& Listed Places
of Worship Grdrrt S¢heme.
Fortunately on the income side we saw an increas8 of £7.743 In Interest rec8ived and dividends from
our investments. In this latter respect it is perhaps worth mentioning a follow up to the comments last
year when we drew attention to our longstarKling investment wilh the CBF Church of England
Investment Fund. Full details are included on Page 23 in this rewrt and over 2022 we saw a
reduction of £28.848 in Ihe valuation compared with the end of 2021. Thankfully we are able to report
that the value increased by £20,467 over 2023.
What was our former Curate's house {2 Knlghtsl￿dge Close) continues to r8present a particulady
useful investment which produced a ￿nts1 income of £18.650 during 2023. although this was
partially oftset by expenditure of £6,271, part of which was in respect of some improvements
necessary at the beginning of the year prior to new tenants moving in. OUT Common Fund liability of
£60.000 to the Diocese was paid in full and £4.438 was donated to missions and charilies. However
during 2024 we are finding it necessary to pursue the recruitment of some administration support
and, unfortunately based on our budget forecast, this has resulted in us having to redu￿ our
Common Fund payment to the Diocese to £50,000 in 2024.

CENTRE REPORT
Th8 Church Centre continues lo serve the chwch and the local community as a popular place for
church and communty activities. It has been good to see, in 2023, more diverse communrty and
church groups using the building for various actwities. Hard work and effort have gone into
encouraging new groups and running the Centre as efficiently as possible. The contin￿1 financial
sf(uation has presented dWficu￿les, but the business is in a heallhier p)sition now compared lo end of
last year.
In 2023 running costs Increased and the rise in fuel PriGes was a burden almost doubling th& cost of
electricity and gas. There have been increases in ts usual annual service costs for kttchen
equipment and the gas boilgr, for door and partition maintenance, for alami seNices, electrical
system maintenance 8nd equipment testing, with replacements necessary when equipm8nt has wom
out. The managers and committee acknowledge the importance of maintaining the facilities and
appearance of the building to attract customers. The staff were awarded pay riges in April, based on
the Real Living Wage. All of this had a mathed effect on the finances and ￿sUlted in the end of year
operating account showing a loss of £2,391. The reserves are still healthy and have been called
upon only once.
Child￿n,$ blrthday parties continue to be popular gNing the opportunity for families to be made aware
of Messy Church and Little Seedlings. The latter continue with In¢￿asIng success. There are a good
number of regular daily bookings, filling evening spaces is more difficult and weekend partl8s are
few and far be￿een. The bar loss was reduced by limiting bar op8ning to one night a week. This
situation will continue to be reviewed. The wwer of the ￿ website and the use of social media
has helped the awareness of what is offeTrd. The hard work of the centre managers and casual staff
continues to ptDmote a pleasant and friendly atmosphere aTrJ is acknowledged by many who visit t
Centre.
The Communty Buildings, in All Saints, Drive. used primarily by all thg unifomied groups, (but are
managed by and Included In the Tinar￿eS of the Centre), Conlin￿ to be self-financing. There has
been an increase in their usage by outside groups. and the increased income from thls has helped
reduce the cost of using the building for the unrformed groups. A small grant of just over £1,000 was
acquired from Sutton Coldfield Neighbouthood Network Scheme for a new water heat&r and
microwave for the benefit of all users of the bulldir•3.
Committee members are confident that the finanGlal Situation of th8 Centre wll contlnue to Improve
and the buildings will continu8 to seNe the church and communty and they wlll continue to work
together with All Salnts, Church in its mission.
We look fo￿ard to celebratiru the So birthdayof the Cèntre In 2024.

INVESTMENT POLICY AND POWERS
All investments are agreed by Ihe Trustees and have regard lo the Charity Commission guidance in
relation to charity investment w>licy.
RISK POLICY
During the year, signrficanl risks to which the PCC may be exposed hav8 been identrfied and
documented to ensure that appropriate safeguards are in place to mttigate the impact of those risks.
Risk was considered under five principal categories (Govemance, Operational. Financial, Regulatory
and Extemal).
RESERVES POLICY
It is the ￿lIcY of the PCC to maintain free reserv85 at leasl sufricient to cover three areas: £100.000
to speThl on misslon initiatives over the next five years. £100,000 to cover the possibility of major
repair5 being required to th8 building, and enhancing and equipping to suit the needs of a growing
church. and a sum to cover six months running costs, which based on 2023 figures amounts to
£98,442. Current free reserves amount to £283,142, whilst a5 al 31 December 2023 there is
shortlall ot £15,300, this does rM)t take into account 0￿r available investment5.
This polry has remained the same for a few years and it may well need to be ￿vieWed wh8n our new
incumbent h8s setued into hèr new position.
PLANS FOR FUTURE PERIODS
It remains IM￿rtant for the PCC to continue making a full Common Fund contribution. However as
indicated in our Financial Review on Page 7 we have unfortunately found it necessary to reduce this
amount from £60.000 to £S0.000 in 2024. We continue to make our Sunday Service available on
zoom for those unable to get to church. However we are still investigating the possibiltty of updating
our existing audio visual equipment as we can encounter woblems at times.

10
STRUCTURE GOVERNANCE AND MANAGEMENT
The method of appointment of Parochial Church Council members is set out in the Church
Representation Rules. At All Saints the membership of the PCC consists of the incumbent (the
Vicar if in post). the Curate {if in postl. members of Deanery Synod, lh8 Churchwardens, co-opted
members and members elected al the annual meeting by those on Ihe church electoral roll. All
members of th8 congregation are encouraged to regisler on the roll and are invited to stand for
election to the PCC.
The PCC is responsible for making d8cisions on all matters of general concern and imporlan¢g to
th8 parish. including deciding on how the funds of lh8 PCC are to be spenl. Th8 full PCC met
eleven times during 2023. with an average altendance of 84Yo. The PCC has complied with its duty
under Section 5 of the Safeguarding and Clergy Discipline Measur8 2016 to hav8 due regard to the
House of Bishops, guidance on safeguarding children and vulnerable adults.
The various sub-committees listed below are responsible to the PCC and report back to it regularly,
with minutes of their decisions circulated to all PCC members and discussed by the full PCC as
necessary. Until the commencement of the Vacancy. there were also sub-committe8s for Worship,
Music and Dlscipleship, and for Mission, Outreath and Communication. Wilh the appointment of
our new incumbent, it is anticipated thal the structure and responsibilities of PCC Su￿coMMitteeS
will be subject to review.
Standing Commlttoo
This is the only committee required by law. It meets lo transact PCC business be￿een PCC
meetitvJs, subject to any directlons given by the PCC. It covers fabric and finance matters.
including income. expenditure and reserves, and considers Christian Stewardship. It also oversees
PCC policies and procedures.
Church Centre committee
This committee provides strategic leadership and ensures accountabilily, oversight and assurance
for the perforrnance of the Church Centre and Community Buildings. induding the support of the
Cenlre managers.
Pastoral Tèam
Membefs of the team assist the clergy in the pastoral ¢are of church members.
Children's and Families, committe&
This committee plans provision for children, particularly Messy Church and all age worship, and
overse8s our links with local sch¢)ols and youth organisations.
Charitie8 committee
This recommends to the PCC how charity monies should be distributed to missions and chariiies.

11
ADMINISTRATIVE INFORMATION
Al Salnts18 the Church of EnglarKI Parfsh Churth in Four Oaks. in the Deanery of Aston and Sutton Coldfield
and the Dioce8e of Blrmingham.
Addr•s$: Al sain￿ Church. Be￿11 Lane, Four Oak& Sutton Coldfield. B74 4TR
Incth*bent: The Reverend L8aMe effect from 16th O¢tobw 2023.
Parochlal Church Council 1$ a body corpor* establi$hed by the Ctlurch of Engknd, and operales under
the PCC Pfftrs Moasure 1956 Church RePreSentat￿n Rules 2020 as amend41. It is a ¢harity registered
with the Chaity Commisslon ICh•ty number 11273551.
During 2tr23 th• fdlomfjng as rnembers ol PCC:
The Revd Leanne Carr
Mr8 Louise Rlchmond
Incumbent
Churcls Wardens
(from 16th October 2023, Chairman)
EIKtgd memLws
Mr B8rM 811zzard
Mr John Blumlell
Mrs Salty C￿X
Mrs Rosamul￿ Douglas
Mr Da￿d East
Mr Rob Glbson
Mr Chrtstophar Hurley
Mr lan Kent
Mrs Lir*a Lewis
Mr Da￿d Phllllp$
Mrs Domthy Russell
Shamn Saundern
Mrs Valerfe Tlmmlns
Mrs Jennifer Blundell
Mts Christiie Jellay
Mr Derek Umbert
MTS Julia Umbert
(to APCM 2023}
(Tr¢asurw)
(Secretsryy
(from APCM 2023)
(Deputywardèn)
(from APCM 2023)
(from APCM 2023)
(Centre Secrthy)
{Centre Tfeasurer)
(Vice Chalr)
Deanery Synod
(from 26th October 20231
{dec'd 201h June 2￿3
Approved by Ihe Parochial Church Coundl on
17. 04. 14
8nd ¥pJned on its behalf by
Revd Leanne Carr. c￿11

12
Inde dent Examlneffs Re
to the Tntstses 01
Four Oaks Parochia
Church C¢)unciL
ntsl Clmrch
I to th• trustees on my ?x#mlnoYon ol the a¢￿Ints of M Sathts. Church. Four Oak8, PwodM81 Chwth
CCXJNJ lorth•searended J1 DKeMber2W23 •e get￿￿On pages 13 to25.
ff Is myTrgpcmknWto:
£%￿[nethe ac￿unIS undor$ection 145 offv 2011 Actr.
Toft41owtheptotedwA$181d dwknlhg Gonwa Dirè¢liiMs tythe CI•CoTMO
{￿der145{5)It1>(Ithk 2011 A¢¥J:4rn1
Blsls QfJndtyMdèntEx•￿$ rèport
My exarnination was carrfod oirt In %¢ryd¥n¢e with th¢ gewal Dlre¢trons given by th• Chartty CorrKnts8lon. An
exaBunatlon ￿￿ludeS of the act4￿1￿# ffcoKds kapi ty ¢hzrty and • ¢¢*nPBTYdOn of the
provide all Ibe evlden¢o that be requlrno kn an autht •Bd wwyènty no ¢pnron is g¥en as lo I
Ind¢pend￿l ststement
aus• lob•N襕thatin arym*ertg1 resp•ct
l) arythxttlng rer4)Tdswere rM)t keptln re¥ectofth• 8$ req￿RdbY oedlon 130 01th0 2011 Ad,, or
out in th$ ChthU•s (ACC￿1r￿S Reports) Re9￿*￿8 2008other than r•wireM￿l thp acc￿￿ 9fv0
sh￿Id bfraavmln thls IW Inonlwtoen*le • ￿ld￿lT8 Lrflb8 •r£ryxth lobe fea¢h8
. 04. &24
4 Cannadc RoA¢I
Y*37 IJP

13
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS, FOUR OAKS. SUThON COLDFIELD
STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestrlrted
Fund5
Restrlcted
Funds
Endowment
Funds
Total Funds
2023
Totsl Funds
2022
Income & Endowments from:
Donatitsns and Legacies
54.589
64.521
Ila)
Actlvities for Generating Funds
Ilbl
Income from Church Activities
Ilcl
Other Income
Ildl
54,589
637
1,154
1.791
3,490
92.174
82.876
92.174
20,025
20,025
39.751
Income from Inveslments
16,319
16.803
9.060
Ilel
Totsl Income
183,744
1,638
185.382
199,698
Expenditure on:
Churth Artivities
12a)
195,617
1,267
196.884
239,973
Raising Funds
150
{2bl
Total Expenditure
195.617
1,267
196,884
240.123
Net 1ncomelExpendi￿re
111,873}
371
111,502)
140,4251
Unrealised Gains- Properties
- Shares
20.467
20,467
128,8481
Net Movement of Funds
8￿94
3n
8,965
169,2731
Tran5fer5
1.674
11.6741
10.268
11,303)
8￿65
Reconciliation of funds:
Total funds brought forward
2,510.739
11,034
2.521,773
2,591,046
Totsl fund5 carrled forward
2,521A
9.731
2,530.738
2.521,773

PAROCHIALCHURCH couNaL OF ALLSAIKf4 FOUROAKS.siirroNcoiDFIELD
BALANCE SHEET ATII DECEMBER 2023
Flxedlssetts
an&ble fixedAssets
InvwtsnentAssets
238P27
217560
2217,398
3rStock
L402
L120
ID.661
Debtors
6323
Qsh 3t Bank & h3Nd (rnd. deposits
with the Central Board ofFlnanoof C
of & and Jullan Hodge Bank•s}
Less liabl￿e>-Am0unts￿a1lingdut
ithinoft
NetCurrentAssets
292525
301829
17377)
110,2351
191873
304375
NetA¥s*
Ftsndsof
3521￿7
9,731
1014.9
IL034
Approved bythe Payodtsl Chur¢h Counul on:
17. tx. 24
Chair
Mrs LouiseRid¥mond
thur£knYden

15
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS, CHURCH FOUR OAKS
AT 31 DECEMBER 2023
Accountln
Policies
Basis of preparation
Thè PCC is a public benefit entty within Ihe meaning of FRS102.
The financial statèments have been prepared under the Charities Act 2011 and in accordance with
the Church Accounting Regulations 2006 governing the individual accounts of PCC'S together with
the regulation's 'true and fair view provisions, logether with FRS102 (2016) as the applicable
accounting standards and the 2015 version of the Ststement of Recommended Pra¢ti¢8.
Accounting and reporting by Charities SORP {FRS102).
The financial stalements include all transactions, assets and liabilities for which the PCC is
responsible in law. They do not include the financial stalements of church groups that OW8 their
main affiliation to another body, nor those that are informal gatherings of church members. The
financial stst8m8nts have been prepared under the historical cost convention except for th8
valuation of investment assets, which are shown at mark81 value, and properties which are valued
at the figure used by Ecclesiastical Insurance as indicated aTrJ the professional valuation of the
Curate's House.
Going Concern
All Saints, Church, Four Oaks, Is dependent upon th8 regular donations of its members. The
balan￿ sheet rèmains strong and a balan¢ed budget has been prepared for 2024. On this basis
the PCC has presented the accounts on a going concem basis.
Funds
General funds repr8S8nt the funds of the PCC that are not subject to any restrictions regarding
thèir use and are available for application on the general purposes of the PCC. Funds desi9naled
for a partlGular purpose by the PCC are also unrestricted.
Restricted funds are those funds that must be spent on rèstricted purposes and details of the funds
held and restrictions are provided in Nole 5.
Inc¢)me
Donations & Legacles, Charltable Aetivltle8
Collections are recognised when received by or on behalf of the PCC. Planned giving receivable
under Gift Aid is recognised only when re￿ived. Income tax recoverable on Gift Aid donations is
recognised when the donation is re¢eiv8d.
Grants and Legacies to the PCC are accounted for as soon as the PCC is notlfled of its legal
entitlement, the amount is quantifiable and Its ultimate receipt by thé PCC is probable.
Funds raised by events have been accounted for gross.
Other Incomè
Hiring income from letting the Church Centre is recognised when th8 hire is due.

16
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS. CHURCH FOUR OAKS
AT 31 DECEMBER 2023
Accountin
Policies continued
Incorne from Investments
Dividends are accounted for when due and payable, and interest entitlements are accounted for as
they accrue.
Gains and losses on Investments
Realised gains or losses are recognised when investments are sold.
Unrealised gains or losses are accounted for on revaluation of investments at year end.
ndllure
Donatlons
Grants and donations ar8 accounted for when paid over.
Activities directly relatlng to the work of the Church
The dio¢esan parish share is accounted for when due, as are any other items of expenditu￿.
Fixed Assets
Propertles and movable church furnSshlng8
As previously stated. prop8rties have been valued at figures assessed by Ecclesiastical Insurance
or professional valuers, although depreciation has not been charged in agreemènt with the
Dioc8se.
Movable church furnishings held by the vicar and churchwardens on sp6cial trust for the PCC are
listed in the church inventory. which can be inspected (at any reasonable time).
Individual or grouped items wilh a purchase price of £1.OCQ or18ss are written off when the asset
aGquir8d.
Other fixtures, flttlngs, and office equipment
Individual or grouped items with a purchas8 price of £1,000 or less are written off when the asset is
acquired.
Investments
Investments are valued at market value and revalued al the end of the year.
Stocks
Stocks are valued at the lower of the cost and n8t realisable value after making du8 allowance for
obsolete and slow-moving stocks.
Debtors
Amounts owing to the PCC in respect of fees, rents or other income are shown as debtors less
provision for any amounts that may prove uncollectable. These are recognised initially at
settlement amount. Prepayments are valued at the arnount prepaid nel of any trade discounts due.

17
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS, CHURCH FOUR OAKS
AT 31 DECEMBER 2023
in
Policies continu
Cash and cash a
uivalents
Cash at bank and in hand and short-term deposits comprfse cash and short-tem hlghly liquid
investments held with either CBF Church of England funds and, until 20th June 2022 Julian Hodge
(Bankers), when Ihls account was closed on their withdrawal from the business sector.
Liabilities and
rovislons
Liabilities ar8 recognised when there is an obligation at the balance sheet date as a result ofa past
event, it is probable that a transfer of economic b8nefit will be required in settlement, and th8
amounl of the settl8ment can be estimated reliably. Liabilities are recognised at Ihe amount Ihat
the PCC anticipates it wtll pay lo settle the debt or the amount it has re¢8ived as advanced
payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts reqUI￿d to settle the obligation.
Where the effect of Ihe time value of money is material, the provision is based on the pres8nt value
of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the
liability. The unwinding of the disr￿Unt is recognised in the ststement of financial activities as a
finance cost.
Financial Instruments
The PCC only has financial assets and financial liabiliti'es of a kind that qualify as basic financial
instruments. Basi¢ financial instruments are initially recognised as transaction v81u8 and
subsequently measured at their setuement value.
e benefits -
enslons
A defined contribution scheme is operaled. The costs of post-employment benefits are recognised
as a liabilty and an expense and is allocated to the relevant fund to which it relates.
A¢¢ountin
ostimates and
ement
Estimates and judgements are continually evaluated and are bas8d on historical experience and
other factors, including expectations of future events that are believed to be reasonable under the
circumstances. Th8 PCC carefully Consider what level of professional support should be obtained
in making these estimates and judgements and the cost of this in terms of the valu8 il would bring
to potentially interested parties and in carefully undertaking their duty in relation to charitable
activities.
The PCC makes estimates and assumptions Con￿rning the future. The resulting accounting
estimates and assumptions will, by definition, seldom equal the related actual results.

18
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS FOUR OAKS SUThON COLDFIELD
AT 31 DECEM&ER 2023
Notes to the accounts
Unre$tyitted
Funds
Restrfrted
Funds
Endowm•tht
Total Funds
2023
Total Funds
1022
INCOME AND ENDOWMENT5 FROM:
la
Donations and le acles
Envelopes Intl. weekly payments under Gift
Aid
Annual, Quartedy & Monthly payments
under Gift Aid
Income Tax recovered
Collections Iopen Platel
Sundry Donations
Totsl 2023
7,611
7,611
10.255
34,202
34.202
39,177
9,915
1,574
1,287
54,589
9,915
1.574
1,287
54.589
11,713
1,938
1,438
Toto12022
64.521
64.521
Ib
AttSvltles for Generatln Funds
Collections for Charitable Purposes
Sale of Goods
MagazSne Advertlsements
Total 2023
1,154
1.154
137
5(K)
1.791
2,779
172
539
137
s￿)
637
1,154
Tottil 2022
711
1779
3.490
Ic
Income from Churth Aclivltles
Fees (Weddings & Funerals)
Flower Guild (Fees & Donations)
Social Events
Magazine Sales
Churth Centre:
Hire of Hall
Bar Sales
Mlsc. Income
Setvice Charge
Interest
Donations
Government Grant Income
Total 2023
1,177
285
4,079
356
1,177
285
4,079
356
662
315
2.325
585
64,451
9,127
3,408
5,446
2,103
1,742
64,451
9,127
3.408
5,446
2,103
1,742
59.165
10,620
2,251
2,800
658
828
2.667
92.174
92,174
Toto12022
82.876
82,876

19
Id
Other Income
Curate's House Rent
VAT Recoverablè:
Maintenance
18.650
18,650
14,126
875
875
8,183
Sundry Income
Total 2023
500
20.025
500
20,025
17,442
roto12022
24.935
14,816
39.751
le
In¢omÈfrom 1five￿ments
Dividends and interest
Total 2023
16.319
16,319
484
16,803
16,803
9,060
Toto12022
8.918
142
9,060
Total Income Z023
183.744
4638
185,382
Totollntome 2022
181.961
17.737
199,698

20
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS FOUR OAKS SUThON COLDFIELD
AT 31 DECEMBER 2023
Notes to the
unts co
Unrestri
Funds
Restiirted
Funds
EDdowmEnt
Total Funds
Total Fun
2022
EXPENoilliRE ON:
Church Activities
miss￿na
& Charlt Gi¥ln
Mlsslona
C.M.S.
U.S.P.G.
Socletles
Iso
150
150
Relièf & Dèvèlo
entA
ncles
British Red Cr055 Af hanistan A
hRe
Cross Pakistan Floo
Christian Aid
Christian Blind Mission
ce5e- Malèwi Fund
Embrace The Middle East
Mar
.5 Me31s
Practscal Artion
Water Aid
Worldvi5ion
150
150
561
200
200
150
250
Iso
Iso
150
150
31
200
150
250
150
150
150
150
312
250
150
150
312
Home Mlsslon
Children's Societ
Chur
hArm
Church Homeless Trust
Salvation Arm
UR
Sutton Coldfield- F od Bank
hurch Societles
421
425
225
Iso
150
127
Iv
Secularcharitl
rns H05
ice
87
150
275
150
Asthma Relief at W rk in Sutton Coldfi
Cam
eTrust
hildline- NSPCC
Comm
nit Heartbeat Trust
Cruse B reavement Care Blmin ham
Dementia UK
Disaster EmerRenry Committee
150
150
150
175
175
150
IneA
-Af hanistan A
-Turke A
43
658
701
Samaritsns
ave the Children Fund
S.C.O.P.E.
Disabillt Charit
Shelter
St Giles Hos
West Midlands Air Amb I
Sub Total
150
150
200
150
250
15
3.171
200
150
250
150
4.438
250
150
6,425
1.267
Sub Total
3.171
1,267
4.438
6,425

21
Sund Ex
nditure:
Carrled Fonvard
Mlnlst
Diocese Common Fund
Clergy Travel Expenses
Vicarage Expenditure
Curate's House Expenditure
Church Music
Church Running Expenses & Maintenance
linc. Or8anl
Church Grounds
Upkeep of Service5
Sundries
Maga2ine Expenses
Support Costs linc. Training & Mission)
Bookslother Materials
Flower Guild (Flower5 & Materlalsl
H05Pltality
Children'slYoun8 People ActSvities
Adminlprof. Fees (Church only see Centre
below)
Social Events
Equip/Repairs/GroiJnd5
3.171
1,267
4,438
6.425
60,000
60,000
60,000
24
456
3.624
2.510
431
6,271
2.727
431
6,271
2,727
20,184
20,184
29.306
3.690
1,004
738
524
3,690
4.110
1.298
738
524
855
370
96
357
136
353
177
1,046
136
353
177
1,046
673
2,281
2,281
4.791
2,261
2.261
1.553
30,628
Church Centre:
Bar5tock'.
Opening
Closing
Vending Machine siock:
Opening
Closing
5alèrieslBar Staff Wa8es
Equip/Repairs/Grounds
Running Ex
enses
Bar Expenditure
AdminlProf. Fees
VAT PE Annual Ad'ustrnent written off
Total ofchurch Attlvl1leslMlsslo￿ry &
CharityGiving 2023
1.120
11,3351
1,120
11,3351
1,000
11,1201
1671
31,557
11.826
32,546
3.904
5.846
5.226
1671
31,557
11,826
32,546
3,904
5,846
5.226
33.397
15,285
27.990
4,448
5.788
5,219
195,617
1.267
196
Totu12022
220,193
19,780
239,973

22
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS FOUR OAK5 SUThON COLDFIELO
AT 31 DECEMBER 2023
Notes to the accounts continued
cted
Restwlcted
Funds
dowment
Total
2021
2b
Raisin Funds
Sale of Goods
Stewardship C05t5
Total of Raising Funds 2023
Tothl 2022
150
150
Iso
TOTAL EXpEND￿uRE 2023
195.617
220,343
1,267
19,780
196.884
Totul Ex
nditure 2022
240,123
Staff Costs
Wageslsalaries
Nat. Insurance Costs
Pension Cosls
Freelance Fees
2023
33.375
NIA
2022
35.073
NIA
682
3.145
2.510
37,183
38.265
DurinB thi5 peiiod the PCC employed 2 Centre Manzger5, Bar Steward/Staff and Cleaner. The nyrnber ol staff employed at
the end of the yearwas 7, the average nymber of employees over the year was 717- 20221. No employees received
employment benefits (excluding pensitrn tostsl of more than £60k.
Totsl
In the absence of a Director of Music, freelance organists were used.
The PCC member5 are the key rnanaBernent personnel and no remuneration is received by them.
Insurance includes Trustee and church council indemnity cover and there is no separate premiurn for thi5. No claims have
been made under this pollcv.
FSxed Assets for use b the PCC
Knl8htsbrfd8e
Close, Four
Oaks, su
Coldfield
tMI Saint5.
Churth Centre.
Belwell Lane.
FourO3k%
Sutton
Coldfiekl
All Saints.
Ctsmmunity
Tangible Flxed ￿set5
Salnts Dr￿e.
Four Oaks,
Sutton COldf￿ld
Totsl
ouse)
Book Value at 31.12.2022
Book Value at 31.12.2023
249,950
1,074,493
249,950
1,074,493
lil Curate's House wa5 purchased in 2LX19 and the open market valuation was completed by DJ.Abbott FRICS of Hollier
Browne, 3 March 2009. Bulldings currently insured for £418,218. Please see comment under item liiil re8ardin8
revaluation of property.
675,395
675,395
1,999,838
1,999,838
lill The insurance valuation of the Church Centre Building has been utillsed forthls purpose. However It 5hovld be noted
that the propety, whlch was constucted adjatent to the Church in 1973 a5 a C05t of £41k, is built on benefice land. The
valuation was updated by Ecclesiastical Insurance under their review In 2017 at £1.143.078. although we are advised that
reduction of 6%1£68.5851 needs to be applied to take account of demolitionl51te tlearante costs included in their origlnal
figure and this asped is rèflected In the value.

23
liiil The Community Bulldlngs, whSch are built on benefice land, were acquired by the Parish during 2006 as part of a
development scherne and they are currently mainly used by the Gulde and Scout orgznisations, although they are let out
for otheT purposes. Again the insurance valu4tion has been utilised, which wa5 updated by Ecclesiastical Insuranee in 2017
at £718,505 and the 6% reduction1£43.1101 has been applied as mentioned in the prevlous para8raph. It is acknowledged
that the valuatlOn5 included under Ibil and liiil may not represent the current market values. Properties under lill and liiil
will be revalued when Ecclesiastical Insurance undertake a further review in 2024, this having now bèen delayed by the
insurance company following the knotk on effect of the pandemi
(4bl Investments In the CeAtral Board of
Flnance Investment Fund
1.368 shares (Original Cost £2,987)
2023
2022
{p￿arketvalue a$ 31 DÈtemberl
30,924
28,265
1.165.66 shares Iorlginal Cost £2,1151 Registered In the name of the Curate's House Fund
26,350
24,084
3,832.30 shares (Original Cost £SO,0001 RegiSte￿d in the name of Part Sale Proceeds of Old
Vicarage. Purchased November 2014
4.049.75 Shares IOri8inal cost £55,000) Re8iStered In the name of Part Sale Proceeds ol Old
Vicarage No.. 2 Account. Purchased December 2015
114.02 shares Ioriglnal Cost £2,492) RÈ8lStered in the name of Luncheon Club. Purchased April
2022
86.630
79,181
91,546
83,674
2,577
2.356
238,027
217,560
Market value at b•8inning of yèar
Shares purch05ed during year
217.560
243,916
2.492
217.560
20,467
238.027
246.408
128,8481
217,56Q
Un-realised gainl10s51-l on investment assets
Market Value at end of year
Unrestricted
Fund5
Ilestric¢ed
Fund
Endowment
Fund$
To
l Funds
2023
Total Funds
2022
Anal Isof Net Assets b Fund
A55els'.
Properties
Investment5
Current ￿set5
Ilnc. Debt0￿. Stock, BanklCBF
Accountsljulian Hod8e and Cash in hafidl
Current Liabilities
Fund Balances
1,999,838
238,027
,237.865
1.999.838
238,027
2.237.865
1,999,838
217,560
2.217,398
300,250
290,519
9.731
314.610
17,2771
2.521,007
17,3771
2,530.738
110,2351
2.521.773
9,731
Analysls of restritled funds
Missions & chariti￿ fund
Organ fund
CD Srnalle Le
At 1.1.2023
Income
Expendltu
1,267
1,541
133
At 31.12.23
113
3.670
7.251
11,034
L154
156
328
1,638
2.285
7.446
9,731
fund
2,941
Debtor5
Goods & Servites
Pre
ments & Atcrued Income
Other Debtors
560
5.763
560
5,763
406
10,255
6,323
6.323
10.661

24
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS FOUR OAKS SLirroN COIDFIELD
AT 31 DECEMBER 2023
Notes to the accounts continued
Unrestrlcted
Restrlcted
Endowment
Totsl Funds
202
Total Fuhds
Cash at Bank & Other De
slts
Current Account
Saving5 Account
Cash Float Re.. Curate's House held bv
Agents
Church Centre.. Bank Actounts
Dep051ts wlth the Centr41 Board of Flnance of C of
Church Centre Reserve Funds
35,062
10.386
8,143
25,186
729
6.694
1.645
6.694
1,645
12.659
11,541
iio
iio
2(Kl
7.938
7.938
9.055
35,062
10.386
8.143
25,186
729
37,995
10,552
7.786
26.869
Community Building Reserve Fund
Fabric Fund
Curate's House Fund
FlowerGulld
Organ Fund Ifor expenditure relatin8 to the
organ)
l.M.Thompson Legacy
Part Sèle Proceeds of Old Mcarage
C.D.Smalley le8a¢y Ifor vestments)
Miss M. Brancker Legacv
Mrs C. A. Elson Legacy
Mrs D. Blake Le8acv
Dr B.M. Chèpman Legacv
Luncheon Club
2,285
2,285
3,670
C105ed
133.400
133,400
7.446
47,940
1,106
1.090
3,256
109
122,783
7,251
45,836
1,057
1,042
3,114
35
7,446
47,940
1,106
i.J90
3,256
109
282.794
9,731
292.525
302A29
Llabllltlès: Amounts fallln
due with4n one
ar
Accruals and Deferred Income
2.306
2,306
4,594
3.728
4,948
400
Goods & Services
4,594
303
Taxation and social security
Ixher Creditors
174
174
1,159
10,235
7,377
7.377
Cornmrtrnents
Operating lease comrnitments relating to a photocopSer a￿..
Due within one year
543
Due in 3-5 years (finishes 5120251
Total
543
543
816
816
1,359
1.902
1,359
1,359

25
io
Mlsslons & Charltle5
Followin8 completion of the accounts the PCC agreed that £2.250 be made available for distribution to Missions and
Charities. Allo¢atlon ol these fund5 will be made dudng the early part of 2024.
li
Related Pa
TraThsattions
The Church Centre paid Professional fees totallin8 £3,145 to Mrs V.M. Wardell Idau8hter of a PCC rnemberl for bookkeepin8
and consultancy work.
12
Allocatlon of 2023
mini
ratlon Costs
022fi
re5 In
CharitablèActlvltles
Raisin
Funds
Cost
How Allocated
Church
Centre
statione
Administration
£2,894
1£2,8461
£1.767
£1.127
1£2,6961
£0 1£15Ql
Normal Usage
Tele
hon
rnet
£6
£684
(£2561
1£5581
£6
(£2561
£558
Normal Usage Vicara8e
Norlnal U54
e Cent
£684
Bank Cha
es
£648
1£9201
£133
£515
(£9201
Nom)al Usage
Professional F
Bookkeeping &
Consultancy work for
Church Centre
£3,145
1£2.9901
£3,145
1£2,9901
1£2,4091
1£2,4091
Architect
epen
ent
Examination of 2022 &
2023 attounts
£750
(£7501
£375
£375
(£7501
£8.127
1£10.7291
£2,281
£5.846
1£10.5791
£0
(£150
Split between Churth and Centre a5 follow5..
Church
£2.281
£5,846
£8,127
1£4,9411
1£5.7881
1£10.7291
Centre
Total