CHARITY REGISTRATION NUMBER: 1127406
THE PAROCHIAL CHURCH COUNCIL OF ST BARTHOLOMEW, BINLEY, COVENTRY
ANNUAL REPORT AND FINANCIAL ACCOUNTS 31 DECEMBER 2022
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BINLEY, COVENTRY
ANNUAL REPORT AND FINANCIAL ACCOUNTS YEAR ENDED 31 DECEMBER 2022
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Contents Page
Trustees’ Annual Report 1
Independent Examiner's Report 5
Statement of Financial Activities 6
Aggregated Balance Sheet 7
Notes to the financial statements 8
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Page
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BINLEY, COVENTRY
TRUSTEES’ ANNUAL REPORT YEAR ENDED 31 DECEMBER 2022
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The annual report is a summary of what the PCC and the church ,as a whole has done over the year.
OBJECTIVES AND ACTIVITIES
The primary objective of St. Bartholomew's PCC , charity registration number 1127406, is the promotion of the
Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England, and also to
fulfil the Mission Statement of the Church which is: “to know God better, to be wholly filled with His love, and to
share this love with others.” The PCC has the responsibility of co-operating with the incumbent in promoting (in the
ecclesiastical parish), the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
Trustees and members of the PCC are as follows:
Rev. Jonathan Taylor
Curate from July 2022
Brian Slater Church Warden
Steve Bird Church Warden from May 2022
Alison Grimwood PCC Vice Chair
|PaulGreen CTC—“‘“CSNCOCOCSCSC“‘“‘“®NNCON”SNCNC#CN#‘éd”d;
Treasurer until May 2022
Ray Schoolar Treasurer from May 2022
Rachael Sher PC [CSCd]
Pat Slater PT
|CarolynMurray|JyohnOwen CTC—“‘“CSNCOCOCCSC“‘(‘®SNSNN’NCN”CNC#C‘édz;
|MarianOwen CCPTC(“‘“CSNCOCOCOCSC“‘“‘NSNCNCNCNCNC(“CYC—C“CsCSCSCSCSCSC‘“‘CSCO#”ds
[KaranMayoOOCOC~C—CSSOCOCOCOCOCOCSCSCSCSCSCSCSCSCSCSCSCSCSC~—~S
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Beth Allen PCC Secreta
STRUCTURE, GOVERNANCE AND MANAGEMENT
Membership of the PCC is determined under the Church Representation Rules and consists of the incumbent, the
churchwardens, members of the Deanery Synod and members of the church who are elected at the Annual
Parochial Church Meeting (APCM).
Members are warmly encouraged to stand for election to the PCC and we try to ensure a balance of skills and
experience where possible.
ADDRESS - St Bartholomew‘s Church
Brinklow Road
Binley
Coventry, CV3 2AB
CHURCH ATTENDANCE
In the year ending April 2022 there were 143 names on the Church Electoral Roll. 119 are resident the Parish and
25 are non-resident.
The average weekly attendance of adults at Sunday Services is 50 adults. Services on Thursday average 20 adults.
Numbers for Sunday services were restricted to 30 during the pandemic. The restrictions were lifted in March 2022.
REVIEW OF THE YEAR
e The full PCC met 9 times during the year and the average attendance was 80%.
e (Music licences were renewed.
e Three Home groups meet regularly in person and via Zoom.
e Family Breakfast Church continues to run on the 2nd Sunday of the month. We are delighted that James
has now joined the team.
Breakfast is served from 9.00 for the church congregation and those attending Family Breakfast Church
thanks to Theresa and her team. Breakfast Church is a service for parents and children together, which
contains elements of the service in church along with crafts and activities to help families explore faith
together. September— Themes have included “Why did Jesus come?” “We are made for relationship with
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BINLEY, COVENTRY
TRUSTEES’ ANNUAL REPORT YEAR ENDED 31 DECEMBER 2022 - continued
- God" and “God searches for us”. Attendance has grown over the last year and now varies between approx. 14 children and 16 adults (including leaders) and 28 children and 26 adults.
-
e Open Door runs on the 4th Sunday of the month, with the same team as previously. We are following the same themes as Breakfast church with different readings to further explore the theme from the previous Breakfast Church. Numbers vary between 6 and 12 children.
-
e Baby and Toddler Group. Runs on Monday morning from 9-11.15am. The group has benefited from the hall improvements which has provided us with more space and also from the new heating system, which has madea big difference on cold mornings. Attendance has grown to pre-covid levels with an average each week of 30 babies and children and their parents/carers. It was a joy in the summer to be able to give our leavers a children’s bible once more. In December we held a Christmas party which included a short time in church with Jon and James, telling the Christmas story and singing carols/songs. It's a privilege to serve local families in this way.
-
e Outlook. The Outlook Group meetings restarted in March 2022. Contact had been kept with over 60 members by phone calls, Easter and Christmas cards (including the housebound). We have had a varied programme with speakers, music groups, lunches and 2 coach trips, It has been good for between 30-50 people to be able to meet together again.
-
e School Holiday Activities (Breakfast Church + Church Hall Committee [(CHC}) As a response to the rising cost of living we have run 3 school holiday activities during 2022. We ran a summer lunch club on 5 Tuesdays during the summer holiday. These were initially aimed at families from St Bart's School, but as numbers were low, we offered places to families from Breakfast Church and our Toddler Group. We were able to offer crafts, outdoor games and activities and a hot lunch. An average of 25-30 people attended.
- In October half term, we offered a Messy Morning at St Bart's School for school families, offering a warm space, crafts and games and again a hot meal. Only 2 families attended, but it was a useful experience and has helped us look at how we advertise and grow relationships with school families.
-
In the week before Christmas, we ran a Messy Christmas moming at St Bart's school. This time, we advertised more widely and welcomed several families from school and local community. We had a morning of Christmas Crafts and games, followed by a story and carols lead by Jon and James and they enjoyed hot turkey batches and other treats. We hope to be able to run more holiday activities in 2023.
-
e Jubilee Celebration (Mission & Outreach Group [M & O]) A lunchtime celebration was held to celebrate the Platinum Jubilee of Her Majesty Queen Elizabeth 2. This was held after the Sunday service and was well attended, members of the congregation who had not returned since the pandemic were invited and several attended. This was planned to be an outdoor event, but due to rain, was held in the church hall. Hot dogs and strawberries and cream were served, there were craft activities for children and musical entertainment provided by the guitar group who practise in the church hall and Jon Taylor.
-
e Autumn Fete (M&O and CHC [Mission & Outreach Group and Church Hall Committee])
- A very successful Autumn fete was held in September, with the theme “Hope Happens Here”. There were stalls inside and outside the hall, games, bouncy castle, hot dogs, candy floss, cream teas and the highlight of “soak the vicar", who this year was joined by the curate. There were flower displays in the church, which looked absolutely beautiful. Many local people came along and had a most enjoyable afternoon, which raised just over £1000.
-
e The church continues to maintain links with all the primary schools in the parish. e Anew church website is currently being developed. e World Mission Group continues to support the work of Every Child & Lloyd Chizenga's ministry in Malawi.
-
FABRIC & FINANCE
-
e The financial situation remained tight throughout the year. e PCC agreed to and paid a Parish share of £50,000 for 2022.
-
e The Church Hall has benefited by the installation of a new heating system to the main hall area of the building. The hall was serviced by three obsolete gas heaters one had been out of commission for some years. New parts for these heaters were no longer available. Multiple quotes were obtained for the work and D&C Heating and Mechanical Services installed a New Atag boiler in the kitchen and four Myson Loline 19-15 fan assisted radiators to the north wall of the main hall. The total cost of this work was £9332.00 The manual operation of this system allows for rapid heating of the hall space.
- The Church Hall has had nine regular income bookings generating £5583.00 in 2022. The hall took several “one-off bookings generating £2010.00. The hall produced a profit of £1553.34 The hall has also supported the following groups, Mums and Toddlers, Outlook, Mothers Union and Brownies/Guides. Four musical fund-raising events, Knight and Spiers, Jigantics, Rob Halligan and Homeward Hie and Peter Knight's Gigspanner were staged. This raised a total of £2809.00.
2
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BINLEY, COVENTRY
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TRUSTEES’ ANNUAL REPORT
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YEAR ENDED 31 DECEMBER 2022 - continued
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MINISTRY
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e We welcomed Rev. James Bremner to St. Bartholomew's where he will be serving as curate.
e Harvest was celebrated at the service on 2 October. Church members give to Coventry Food Bank
throughout the year.
e Home Communion is offered by the Home Communion Team.
e Prayer is offered after the Sunday service for those who request it by the Prayer Team.
« ALentcourse and BCDM course were led by Rev. Jon Taylor and were well attended by members of the
congregation.
e An Annual Service of Remembrance was held for the first time since 2019.
e The church was opened up for people to pay their respects upon the death of Her Majesty Queen
Elizabeth, and a special service of Commemoration was held on Sunday 18" September. It was well
attended.
e Mission and Outreach group has ensured that relevant posters are displayed on the external notice boards
and in the church hall.
e Archway is available as an online article on the website three times per year.
e —_Light Party. (M&O, Family Breakfast team and CHC)
As an altemative to trick or treat on Halloween, on 31st October 2022 we decorated the outside of the
church building and drive with lights and left sweets and treats for children to collect.
We also used the side entrance to the church hail to serve hotdogs, hot chocolate and other refreshments.
The main hall was turned into a light disco with lights, music, glow sticks and balloons, while the new
partition allowed us to create a space for craft activities. Despite the heavy rain, the event was attended
and enjoyed by a good mix of local families and church members.
e Christmas Tree Festival. (M&O and CHC)
The Christmas Tree Festival was held again in December 2022. Based on the Church of England's
Christmas material “Follow the Star. The Great Invitation, trees were decorated by church run groups,
Brownies, St Bartholomew's and Clifford Bridge Academies and Ernesford Grange Primary School. The
church was open for visitors with stalls and refreshments in the church hall from 2 - 4pm, followed by carol
singing in church at 4.30. Attendance was good with everyone enjoying how lovely the church locked.
This year a special addition was our magnificent lit star which shone out across the field to the Binley
Road. Many thanks to Andy and Beth.
e Christingle (M&O + CHC)
The Christingle service took place on Christmas eve at 3.30pm. The service began in the hall making a
Christingle. Refreshments were served before a lovely service in church with readings and carols (some
by the light of the Christingles and candies). This service was really well attended by local families, it was
a joy to see so many people returning on Christmas Eve this year.
e “Christmas Dinners in a Bag" were given to sixteen families in need in the parish. The families were
identified from St. Bartholomew's School. The bags were funded by donations from the church
congregation and contained supermarket vouchers and festive treats. Remaining donations were given
to the Food Bank.
e A Carol Service was held for 62" Scout Group, Clifford Bridge Academy and St. Bartholomew's CofE
Academy.
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MISSION
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SOCIAL ACTIVITIES
e The Queen's Platinum Jubilee was celebrated in the Church Hall with food, and music supplied by the band who practise in the hall and Rev. Jon Taylor, the event was well attended despite the atrocious weather.
- e A“Welcome lunch” was held for Rev. James Bremner and his family when they joined us in July. e Avery successful Autumn fete was held in September, with the theme “Hope Happens Here”. e Four musical fund-raising events, Knight and Spiers, Jigantics, Rob Halligan and Homeward Hie and Peter Knight's Gigspanner were staged. Fundraising was for the Hall/Kitchen project.
3
;
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BINLEY, COVENTRY
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2022 - continued
FINANCIAL REVIEW
The income of the Church arises principally from voluntary donations by members. Net incoming resources for the year, as shown on page 6, amounted to £98,520 made up of £2,990 from funds restricted for purposes specified by the donors and £95,530 of funds for use at the Church's discretion. The reserves policy of the trustees is to maintain sufficient funds for the ongoing activities of the Church. The normal fluctuations in income and expenditure indicate reserves for this purpose equal to the 3 months of the unrestricted resources expended, which equates to £22,065. Unrestricted funds at 31 December 2022 are greater than this amounting to £27,080. The trustees are monitoring the financial situation.
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On behalf of the Council —— —
Rev. Jonathan Taylor a
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BINLEY, COVENTRY
INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31 DECEMBER 2022
| report on the Financial Statements of the Parochial Church of St Bartholomew, Binley, Coventry, for the year ended 31 December 2022, set out on the following pages.
RESPECTIVE RESPONSIBILITIES OF THE PCC AND EXAMINER
The members of the PCC are responsible for the preparation of the financial statements. They consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
| report in respect of my examination on the PCC's financial statements carried out under section 145 of the Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
INDEPENDENT EXAMINER’S STATEMENT
| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
e to keep accounting records in accordance with section 130 of the 2011 Act; and e the accounts do not accord with those records.
| have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Wende Ann Hubbard FCCA
Burgis and Bullock
23 -23 Waterioo place
Leamington Spa Cv31 5LA
“Th Masy2025
5
THE PAROCHIAL CHURCH COUNCIL OF ST BARTHOLOMEW BINLEY COVENTRY
STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2022
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Note Unrestricted Restricted Desiqnated Total Total
Eunds Eunds Eunds Funds Funds
£ 2022 2021
Incoming [Resources] £ £ £ £
Incoming Resources from Donors 2 73,873 2,618 - 76,491 139,665
Incoming Resources from Operating Activities
to further PCC objectives 3 21,203 - - 21,203 10,712
to generate funds 4 425 - - 425 1,027
Other Voluntary Incoming Resources 5 - 372 - 372 912
Income from Investment 6 29 - - 29 52
Total Incoming Resources 95,530 2,990 - 98,520 152,368
Resources Expended
Grants 7 2,789 404 - 3,193 5,930
Activities directly relating to the work of the church 8 84,092 5,606 - 89,698 188,306
Church Management and Administration 9 1,382 - - 1,382 929
Total Resources Expended 88,263 6,010 - 94,273 195,165
Net Movement in Funds 7,267 (3,020) ~ 4,247 {42,797}
Balances brought forward at 1 January 2022 19,813 6,889 - 26,702 69,499
Balances carried forward at 31 December 2022 i27,080 3,869 - ___- 30,949 226,702~F
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Income from donations was £76,491 (2021 - £139,665), of which £2,618 (2021 - £74,431) related to Restricted Funds. Income from other voluntary resources was £372 (£912) all of which was restricted. Income from generating funds was £425 (£1027) of which £nil (2021: £532) was restricted.
Grants payable was £3,193 ( £5,930) of which £404 (£4,430) was restricted. Activities directly relating to the work of the church totalled £89,698 of which £5,606 (2021: £10,597) was restricted.
6
,
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THE PAROCHIAL CHURCH COUNCIL OF ST. BARTHOLOMEW, BINLEY , COVENTRY
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AGGREGATED BALANCE SHEET as at 31 December 2022
| Unrestricted Funds £ |
Restricted Funds £ |
Designated Funds £ |
Total Funds 2022 £ |
Total Funds 2021 £ |
||
|---|---|---|---|---|---|---|
| Current Assets | ||||||
| Debtors | ||||||
| Accrued Income Giftaid receivable |
104 1,072 |
- - |
- ~ |
104 1,072 |
- 4,837 |
|
| 1,176 | - | - | 1,176 | 4,837 | ||
| Monetary Assets | ||||||
| Cash atBank Cash in Hand |
28,603 255 |
9,475 - |
- - |
38,078 255 |
24,962 255 |
|
| 28,858 | 9,475 | - | 38,333 | 25,217 | ||
| TotalCurrentAssets | 30,034 | 9,475 | - | 39,509 | 30,054 | |
| Liabilities: | Amounts failingdue within one year | |||||
| Creditors | ||||||
| Payments received inAdvance | (1,234) | - | - | (1,234) | (1,780) | |
| Accrued Expenses | (1,720) | (5,606) | - | (7,328) | (1,572) | |
| (2,954) | (8,606) | - | (8,560) | (3,352) | ||
| NetAssets | 27,080 3,869 - 30,949 —————S=-—-E>=&—L———EDD>ESEE—-—=*xQ&Z—=—=aEI—E—“O——{——=—=—=—=ZEZ====S™ |
26,702 —=—=—=E—E //_= |
The financial statements were approved by the Parochial Church Council on | .../.. IZ and were signed on its behalf by:
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Rev Jonathan Taylor - Vicar
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“EAH Ls Ce
Ray Schoolar - Treasurer
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THE PAROCHIAL CHURCH OF ST BARTHOLOMEW BINLEY COVENTRY
NOTES TO THE AGGREGATED FINANCIAL STATEMENTS for the year ended 31 December 2022
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1 ACCOUNTING POLICIES
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|(a)|Financial|Statements|
|The|Parish|is|an|unincorporated|charity|registered|in|England|and Wales.|The|charity|registration|number and|registered|
|address|are|shown|on|page|1|of the annual|report and|financial|statements.|
|Basis|of preparation|of|Financial|Statements|
|The|financial|statements|have|been|prepared|under|the|historical|cost|convention|with|items|recognised|at|cost|or|at|
|transaction|value|unless|otherwise|stated|in|the|relevant|notes|fo|these|accounts.|The|financial|statements|have|been|
|prepared|in|accordance|with|Accounting|and|Reporting|by|Charities:|Statement|of|Recommended|Practice|applicable|to|
|charities|preparing|their|accounts|in accordance|with|the|Financial|Reporting|Standard|applicable|in|the|UK and|Republic of|
|Ireland|(FRS102)|issued|2019,Church|Accounting|Regulations|and|the|Charities|Act|2011.|
|The|financial|statements|have|been|prepared|to|give|'a|true|and|fair|view’|and|have|departed|from|the|Charities|(Accounts|
|and|Reports)|Regulations|2008|only|to|the|extent|required|toprovide|a’|true|and|fair|view.|This|departure|has|involved|
|following|the|Accounting|and|Reporting|by|Charities|Statement|of Recommended|Practice|applicable|to|Charities|preparing|
|their|accounts|in|accordance|with|the|Financial|Reporting|Standard|applicable|in|the|UK|and|Republic|of|Iretand(FRS102)|
|issued|2019.|
|The|accounts|are|presented|in|sterling|rounded|to|the|nearest|pound.|
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|The|PCC|constitutes|a|public|benefit|entity as defined|by FRS102.|
|(b)|Funds|
|General|Funds|represent|the|funds|of the|PCC|that|are|not|subject|to|any|restrictions|regarding|their use|and|are|available|
|for|application|on|the|general|purposes|of the|PCC.|
|Funds|designated|for|a|particular purpose|by the PCC|are|also|unrestricted.|
|Restricted|Funds|represent|resources|received|and|allocated|according|to|limitation|on|their|use|specified|by|donors|or|
|other|providers.|Further|details|of restricted|are shown|in|notes|to|the|accounts.|
|The|accounts|include|all|the|transactions,|assets|and|liabilities|for which|the|PCC|is|responsible|in|law.|They do|not|include|
|the|accounts|of church|groups|that|owe|their|main|affiliation|to|another body|or|those|that|are|informal|gatherings|of church|
|members.|
|(c)|Going Concern|
|The|PCC|considered|it|appropriate|to|prepare|the|Financial|Statements|on|a|going|concem|basis.|The|going|concem|basis|
|presumes|that|St.Bartholomew Church|has|adequate|resources|to|remain|in|operation,|and|that|the|PCC|intend|it|to do|so,|
|for|at|least|one|year from|the date the|Financial|Statements|are|signed.|
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|(d)|Donations|Legacies and|Charitable|Activities|
|Income|is|recognised|when|the PCC|is|legally entitled|to|it|after any performance|conditions|have|been|met,|the|amounts|
|can|be|measured|reliably,|and|it|is|probable|that income|will|be|received.|
|Collections|are|recognised|when|received|by|or|on|behalf|of|the|PCC.|Planned|giving|receivable|under|Gift|Aid|is|
|recognised|only when|received.|
|Income|tax|recoverable|on|Gift|Aid|donations|is|recognised|when|the|income|is|recognised.|Grants|and|legacies|to|the|
|PCC|are|accounted|for|as|soon|as|the|PCC|is|notified|of|its|legal|entitlement|,|the|amount|due|is|quantifiable|and|its|
|ultimate|receipt by the PCC|is|reasonably|certain.|
|Income|raised|from|fund-raising|events|is accounted|for gross.|
|Income|from|Investments|
|Dividends|are|accounted|for when|receivable.|
|Tax|recoverable|on|such income|is|recognised|in|the same|accounting|year.|
|Interest|entitlements|are accrued|on|a daily|basis.|
|Other|Income|
|Rental|income from|the|letting|of church premises|is recognised when the|rental|is|due.|
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THE PAROCHIAL CHURCH OF ST BARTHOLOMEW BINLEY COVENTRY
NOTES TO THE AGGREGATED FINANCIAL STATEMENTS for the year ended 31 December 2022 - continued
-
(e) Expenditure All expenditure is accounted for on an accruals basis. irrecoverable VAT is charged with relevant expenditure. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to performance then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity
-
The parish share is accounted for when payable. Any share unpaid at 31 December is provided for in these accounts as an operational (though not legal) liability and is shown as a creditor in the Balance Sheet.
-
(f) Fixed Assets Consecrated property and movable church furnishings
-
Consecrated and beneficed property of any kind is excluded from the accounts in accordance with the Charities Act 2011. These have not been disclosed in the PCC balance sheet as the true valuation of assets needs further consideration by the PCC.
-
(g) Current assets
-
Amounts owing to the PCC at 31st December for fees, rents or other income are shown as debtors.
-
Cash at bank is held on current and deposit account at short maturity of seven days.
-
(h) Liabilities: amounts falling due within one year Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the PCC to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Deferred income relates to deposits received in advance
(i) Financial Instruments The PCC only had financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at their transaction value and subsequently measured at their settlement value.
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Unrestricted Restricted Designated Total Total
Eunds Funds Funds Funds Funds
INCOMING RESOURCES 2022 2021
£ £ £ £ £
2 Incoming Resources from Donors
Giving qualifying for Gift Aid 54,603 - - 54,603 43,760
Giving not qualifying for Gift Aid 5,945 - - 5,945 3,264
Gift Aid claimed 12,986 - - 12,986 14,461
Sundry Donations 339 2,618 - 2,957 78,180
73,873 2,618 - 76,491 139,665
3 Incoming Resources from Operating Activities
to further PCC Objectives
Church Hall Lettings 7,593 - - 7,593 2,851
Wedding/Funeral fees 12,216 - - 12,216 6,963
Miscellaneous 844 - - 844 898
Flower fees 550 550 -
21,203 - - 21,203 10,712
4 Incoming Resources from Operating Activities
to generate funds
Fundraising Activities 425 - - 425 1,027
425 - - 425 1,027
5 Other Voluntary Incoming Resources
Donations - World Mission - 372 - 372 912
- 372 - 372 912
6 Income from Investments
Bank Interest 2
2S
TOTAL INCOMING RESOURCES —95530DN 2990 a- 98,520 a152,368
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9
THE PAROCHIAL CHURCH OF ST BARTHOLOMEW BINLEY COVENTRY
NOTES TO THE AGGREGATED FINANCIAL STATEMENTS for the year ended 31 December 2022 (continued)
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Designated|Totai|Total|
|Funds|Funds|Funds|Funds|Eunds|
|2022|2021|
|£|£|£|£|£|
|RESOURCES|EXPENDED|
|7|Grants,|Missionary|and|Charitable|Giving|
|Home|Mission|2,789|-|2,789|1,500|
|World|Mission|-|0|-|0|1,034|
|Other external|charitable|giving|-|404|-|404|3,396|
|2,789|404|-|3,193|§,930|
|Grants|comprises|gifts made|to|organisatison|or individual|engaged|in|Christian|work|and|is anayalsed|by|area|as|follows|-|
|Unrestricted|Restricted|Designated|[Total|Total|
|Funds|Eunds|Funds|Eunds|Funds|
|2022|2021|
|£|£|£|£|£|
|Local|2,500|-|2,500|2,500|
|National|289|404|693|-|
|2,789|404|3,193|2,500|
|8|Activities|directly|relating|to the work|of the church|
|Ministry|- Diocesan|Parish|Quota|50,000|-|-|50,000|58,000|
|Ministry|-|Clergy/Parish|Expenses|300|-|-|300|260|
|Wedding/funeral|Diocese|fees|4,362|-|-|4,362|3,706|
|Administrator|Pay|4,992|-|-|4,992|4,992|
|Youth|Resources|175|-|-|175|0|
|Church|Repairs and|Renewals|10,127|5,606|-|15,733|101,603|
|Outreach|314|-|-|314|348|
|Church|Hall|(maintenance,|cleaning)|6,831|-|-|6,831|12,703|
|Messy Church|-|-|-|-|-|
|Utilities|(electricity,|telecoms,|insurance)|4,113|-|-|4,113|4,387|
|Sundries|2,878|~|-|2,878|2,307|
|84,092|5,606|-|89,698|188,306|
|9|Church|Management and|Administration|
|Printing,|Stationery|and|Postage|482|-|-|482|629|
|Independent|Examiners|Remuneration|900|900|300|
|1,382|-|-|1,382|929|
|TOTAL RESOURCES|EXPENDED|SS88,263|ee6,010|-|aS.94,273|l=195,165|
|NET MOVEMENT IN FUNDS|7,267|(3,020)|-|4,247|(42,797)|
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THE PAROCHIAL CHURCH OF ST BARTHOLOMEW BINLEY COVENTRY
NOTES TO THE AGGREGATED FINANCIAL STATEMENTS for the year ended 31 December 2022 (continued)
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||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Designated|Total|Total|
|OTHER|DISCLOSURES|Funds|Funds|Eunds|Funds2022|Funds2021|
|10|Individual|Fund|Analysis|£|£|£|£|£|
|PCC|
|Cash|in|Hand|255|-|-|255|255|
|Cash|at Bank|20,456|7,942|-|28,398|17,208|
|Total PCC Cash|20,711|7,942|-|28,653|17,463|
|Debtors and|Prepayments|1,176|-|-|1,176|4,837|
|Payments|Received|in Advance|(1,234)|-|-|(1,234)|(1,780)|
|Accrued|Expenses|(1,720)|(5,606)|-|(7,326)|(1,572)|
|Church|Hall|18,933|2,336|-|21,269|18,948|
|Cash|at Bank|8,147|-|-|8,147|6,593|
|8,147|-|-|8,147|6,593|
|World|Mission|
|Cash|at Bank|-|1,533|-|1,533|1,161|
|-|1,533|-|1,533|1,161|
|Total Monetary Assets|27,080|3,869|-|30,949|26,702|
|Summary|
|Parish Church|Council|18,933|2,336|-|21,269|18,948|
|Church|Hall|8,147|-|-|8,147|6,593|
|World|Mission|-|1,533|-|1,533|1,161|
|27,080|3,869|-|30,949|26.702|
|Parish|Church|Council|General funds|held|by the PCC|for handling|regular church|receipt and payment|matters.|
|Church|PCC restricted funds includes funds raised for the Kitchen refurbishment project|
|Hall|Funds|held separately|for ease|of administration|only held|by the Church|Hall Committee|
|to|deal|with|hire|fees|receivable|and|regular|hall|expenses.|Noted|that|these funds|
|can|be|used|without|restriction|by the|PCC.|
|World|Mission|Funds|allocated|to|the sub-committee|for World|Mission to determine|distribution.|
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11 Fixed Assets These have not been disclosed in the PCC balance sheet as the true valuation of assets needs further consideration by the PCC.
Church Hall - Building Cost unknown, replacement value for insurance purposes £655,000.
Church Hall - Contents, Church hall equipment/improvements have been written off in the year of purchase. Although there is considerabie value in property controlled by the PCC it should be recognised that these market values could not be realised, as the assets are essential to the workings of the Parish, and if disposed of would need to be replaced at an equivalent cost. Other furniture, fixtures and fittings, church office equipment/churchyard equipment have been written off in the corresponding year of purchase.
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THE PAROCHIAL CHURCH OF ST BARTHOLOMEW BINLEY COVENTRY
NOTES TO THE AGGREGATED FINANCIAL STATEMENTS for the year ended 31 December 2022 (continued)
OTHER DISCLOSURES (continued)
12 Charitable Commitments
There were outstanding charitable commitments of Enil (2021 - Enil).
13 Capital Commitments At the year end there were capital commitments not provided in the accounts of £nil (2021 - £nil).
14 Independent Examiners Remuneration
The provision for the Independent Examiner's Remuneration totalled £900 (2021 - £300).
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15 Related Party Transactions
A related party transaction is one where the Church has a relationship with another party or individual which might inhibit it
from pursuing its own separate interests. All related party transactions have been entered into on an arm's length basis.
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The following transactions have occurred during the year:
Salary paid to Church Administrator (PCC member) - £4,992.
No other PCC member received any remuneration in the year.
4 trustees were reimbursed for expenses totalling £1,370 ( 2021 : £1,388)
The average number of staff was 1 ( 2021: 1)
16 Movement of funds from Designated to Unrestricted
- In line with the SORP 2019 (2.7), Trustees have historically chosen to set aside a part of the unrestricted funds to be used for particular future projects or commitments (in general relating to Tithing) . By earmarking funds in this way, the Trustees set up a designated fund that remains part of the unrestricted funds of the charity.
This is because the designation has an administrative purpose only and does not legally restrict the Trustees’ discretion in
- how to apply the unrestricted funds that they have earmarked.
In light of the difficult economic climate resulting from the pandemic (COVID-19), the Trustees have consented not to designate any tithing for the year 2022.
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