The Parochial Church Council of
St. John the Baptist, Our Lady & St. Laurence
Thaxted
Annual Accounts and Financial Statements for the
year ending 31 December 2023
Page I

Annual Accounts for 2023
Background
The Paro¢hlal Churth Council Ihereafter"PGC) has respon￿blI ty, under the pr&sent thairmanship of Fr. Gewn Cawi, for the
promotion of the ecdesiastical parish of the whole mi&%ion of the Ch￿￿- pasto￿. evangelical. s(xial, 8t￿ eujmenieal and for the
running, maintenance, and daily upkeep ol the parish chuith of St. John the Baplist. Our Wy and St. Lauren￿, Thaxted.
To best achieve this, the PCC is fulty regsstered as a tharity with the Chanty Commission under wistrabon number." 1127752.
Membership of the PCC
Members of th¢ PCC are either elected by the Annual Par(x*tal ChuT(* meeting or are appointed ex-OffKio, in arzordance with the
ChuiGh Representation Rules. 0￿slO￿al￿, a may be co-opted wheie speualist skius ate required.
During the 2023 finanaal yeai. the fiAEowng peorAe served as members of the PCC:
Chainnan
Fr Gewn Capon
Churchwarden
Ann Pickhaver
Paul Meader
Secretary
Maryanne Fleming
Treasurer
Philip Stsk
(C(H)pted)
PCC Member
Fr Chris Brown
Angela Farr
Trevor Haynes
Anna Lee
Janet Moo
Pamela OToo
Stephen Odom
Perry Staker
Michad Tayler
IC¢TroWed}
(From April 2023}
(ro Aptil 20231
Ex4)fficio
Dee Barrington
Margarèt Caton
Maggie Catter￿1
Rev. Susannah Latx
Adrian Wright
{Deanery Synod-To Awl 2￿￿3)
(Deanery Synod)
(Deanery Synod)
(Assistant Curate)
{￿cenSe￿ Reader)
Committees
Thè PCC or*ratès. in part. through ￿)MMItteeS which meet in addtb.on lo the main PCC meetings.
standi
Commtttee
This committee is requiTed under ecclesiastical law. 11 has the power to tr￿Sac1 the busin￿ of the PCC t*fv4een rts meeb"ngs.
subject to any direC￿n5 gNen to it by the main PCC.
Estates Committee
fOrn￿rt Ihe BuMdi
To M￿ntaIn the f8bti¢ of the Thaxled Churth estate and to inprove the farylit*s that ran be offered.
Finance Committee
Oversees the income, expeth1rture. arKJ financial g0Veman￿ of ￿ PCC. Prc*Yuung budgets and recommending finanual poliues for
the full PCC to approve.
Fundraisin
Committee
To facilitste and organise fund¥aising events on L￿haff of the PCC.
nGoln O Committee
To ¢o-ordinate all matters regarding the restoration of the Lincdn Organ on tehaifof Ihe PCC.
w0￿h1
. Nurturp $rpd Mission Committee
To support and encourage grThvth in the worthip Of￿ within all sections ofthe Parish communty.
Page 2

Church attendance
There were 87 parishioners recorded on Church Electoral Roll in 2023. 17 of vhK)m IN￿ out&de the Parish (from 88 & 16 in
2022. 85 & 17 in 2(r21 and 87 &14 in 20201.
The average numbw receMThJ communi)n M Sundays was &3 {up frL¥D 52 in 2￿￿. 57 in 2021 arKI 54 in 20201 but this nurnber
clude5 attendan(x at speaal masses around Hoty dayE aTrJ ￿lMenical I ccrfnmunity s￿1￿.
Thayted Parish Church's'open Doors. fanity 5erwce. hdd on every4th Swday oftt* monih. tt)ntinues to be a popularftsrm of
worship with families and exisb"rKJ parishioners alike and Thaxted parishioners conb.nue to ￿8Y an acb.ve part in wder benefi
serwces and ecumenical services the to•ffl.
Statement of Trustees. I PCC member5. responsibillties
The wrpose ofthis ststement is to dists"nguish the memLv5 respNtsibilitss firwniial Statem￿ from those oflhe
Independent Exarninets as ststed in their repryi
The chanb.es Acl 2011 requires the rnern￿rS to wepare fir￿￿al statemerts eath finaro81 yearvknith gNe a true and fairvEw of
the charity's fin8nryal activities durirYJ the year aThJ of sis ffinanry81 p￿%￿0￿ at the end of the year.
In weparin9 1he financial statwnents, the m￿l￿S folk)wed best ￿tice aTKt
Selected Suitable account.ng tK)liaes and aoied them cxMSiStenty.
Madejudgements and eth"mates that are reasonable arNJ PTLKlenL
Fdlowed the recomrnendations ofthe Charity commiss￿ and oftre a(£ounting professions reg8rding fomi and contentol
the finanrial statements or undertook to disdose and eX￿ain any departure therefrom, aThY
Prepared the finanaal statements ¢Jn the goin9 concem basts unless rtwas inappwrale lo awtne that the (thrity wll
conb.nue to tneet its obJ"eth'ves.
The members were reminded ￿at they are responsible for keeping accrAJntir¥J reoxds a￿ suffiaentto disdose. wilh
reasonable accuracy. thè finxncial postbon ol the tharity at ary time. and lo ￿b$e them to ensuTe that the financial ststernents
comply WFth the disclosure regulations. They a￿ also temirxknl that they wesponsble for safeguarding the 8ssets oftt)e charity and
en￿ for laknng reasonable steps for the prevenbw and deteth.on offraud and olher irreg￿arr￿e5.
Approved by the Parochial Churth cou￿)1 * a full meeb.ng and sKJrth on their behalf.
Cy
Fr Capon
Rertor
Dated".
thf7k Zoi
Page 3

Report of the Independent Examiner to the Parochial chU￿h Council of St. John the Baptist,
Our Lady and St. Laurence, Thaxted.
We have evaluated the financial statements ofthe P¥roclNal Church Cwn(31 fortt*year eTrJed 315t Der£mber 2023 whrh clxnprise
the Statement of FInana￿ Activthes, the BaLan￿ &)eetand the rdated notes set out¢)n pages 5 to 10.
These finanoal statements have teen prepared urKlertt* hi5tryK cxjst ￿l￿ntiOn and in strA￿d￿ ¥￿th the a￿Unting poliaes set
out therein.
Respective resp)nslbllftles of membw5 andaccountants
The rnembers. responw"biltb"es for FwarNvJ the fir￿rria1 st3tem*ts in a￿ry￿ar￿ 7Mth applicabk l•, th8rty a(xJ)untsng prath.ce
and (where appropriatel Untled Kinglom a(xxwntirvJ slartdards are set on p&3e 3 ofthe ￿[x)rt ofthe trustees.
We rewrt to you our opinh)n as to ￿etherth@ finantial Statem￿1$ give a true and fairview8EKI a￿ properly prepareil in at￿[dance
th the guidelines swthin the Charibes Act 2011. We also reFort to you in wr 0￿.nIon the infonnat.on given in the trustee5'
report is ¢onsislent with the finanaal Staterna￿_
In addition. we report to you if, in CAJr orxnKJn. the charty has not kept 8cuJunting reo)rds, or have not re(2ived all the
informth.on and exJanatiorts we rewire forour asse&￿
We read thetrustees, repKJrt ojrtsithr the imKAKztioTrs for our rem if*t t*come aware of ary apparent misstatements WI￿1￿
Basis of accountants O￿nIOn
We have examined the pa￿￿1rk and sought evidenc£ to vwrfythe all￿rtS and diq(*£ures in Y)e finanaal statements. It also
includes an assessment of the signifi(znt estim8te5 and judgements made by the trustees in the preparation ofthe financ4al
statements, and ofwhether the accounts.ng policies are aptKopriate to the ct•'s CAr￿MStan￿$, consistenuy applied ax1
adequately disclc6ed.
We planned and performed our judgement so as to ￿1n all the Informati￿ aThY expianaticx)s vthith ￿ cY)nsidered necessary in
order to piowde us wth suffioent ev1(kn￿ lo gwe reaSona￿e aSSUran￿that Ihe finanaal statemetts are free from rnaterial
misstatement. whether caused by fraud or other irregularty or error. In fO￿ing our opinion, we also evaluated the overa11 adequa
of the presentat'on of infomiation in the financial statements.
Oplnlon
In ouropinion".
The finanoal statements gi￿ 8 trué and fatrview, in accordan￿ V￿th Unrted ￿ngdorn gereralty a￿epted a(Lounb"ng
practi￿ applicable lo charikne4 of the state of affairs ofthe as at 3151 DeC￿ber 2￿23 and ofthe resuts of its activty
for the period then ended,.
The finanaal statemats have rxopwty prewed in a0)Nda￿£￿th the guide11r￿S wthin the Charrtses Act 2011.. and
the infomatK)n gwi in the trustees. report ts ¢)Jn&slerktwith the finarad statements.
NisarAhrned ACMA CGMA
Ridgell & Guildway Accountants Ltd
DateAJ.' 13th M2rcFL 2024
Charterèd Accountant5
The counting House.
Watling Lane.
Tha￿ed,
Essex CM6 2QY
Page 4

Statement of Financial Activities
For the yèar ending 31* December 2(Y23
ljDrestii￿ Dtsigjthtsd Restricted EndoThweat
Dds
funds
fllDds
2023
2022
Income and endowments tr￿-
Donations and legaaes
other trading a*vittes
Investrnents
Other irKoFne
Total Income
2181
2(bl
2{cl
21d)
45.725
5,861
3,339
111,&37
166.762
46.780
6,447
12.7011
35,042
85,568
3,339
3,857
71,895
75.858
81.165
3.339
Expendlture on:
Raising ￿ndS
Expendrture on tharitsble thibes
Other expenditure
Totsl exFendttu
3(a)
1.728
43,623
85.819
131,170
38,593
59.(X)3
38,593
124.126
163,681
3(c}
2.ff27
.2
3.146 61296
Net inGomel lexpendittjrel resources
before transfer
{17.0741
13,S62
3J39
3.081
{45,6021
Transfrrs
Gross transfers bei%%een funds- in
Gross transfrrs between funds- wt
Net movement in fijnds
18,
P4,1701
{43441
55.394
15,79)) 151,0)4}
4,133
17.952
19.042
180,9641 {19,0421
3.081
{45.6021
3,339
Totsl funds brought foThvard
18,480
28,571
84.642 130,244
Total fvnds ¢arried fovKdrd
13.663
7.718
432
29.910
87,723
84.642
Definition of fund types
Un￿StriCt9d funds are monies avai18tle to Ihe PCC l Trust&s for gew81 use. vritlK)ut reStrth￿.
D&signated fvnds are monies which the PCC h&8 Seta￿de fot a speafic purpose. but rt is wthin their rÈmrt to decide to iealloc2te
these fl￿dS at any b"me. through a 5y)stive vote at 8 Pro￿rIY co￿¥￿rted meetirKJ, for ar￿ther purp￿.
Restricted funds represent monies that are reqLllred lo be used for the purpose that they are granted or collected. Ifthese fvnds
cannot be used for the purpose foi which they were granted or colle(*ed. they cannot be re-allocated by the PCC but must either be
held for a time until the ￿striC￿"0n can ￿ met or must be diqrM)sed of in ￿X)r(jar￿ with Ch8trty Q)Mmiss￿n guidan(* e.g. to
another charty with aims that mattth the restricficffi.
Endowment reprèsent monies that have been left tolhÈ church for a lryy4em PUTFM)se. These funds are restric￿ as above
and generate income which is erther reinvested or used lor Ihe purkK)sethal the rnonie5 were endrywed for.
Page 5

Balance sheet
as at 31* December 2023
2023
2022
Current assets
Investtnents
Cash at bank and in haTr
29,910
26,570
84.759
Liabilibes
Creditors. Amounts falling due in one ye
117
117
222
Net current assets. le￿ ¢urrent IlatrAlille5
87.723
84,642
Total assets, less current Ilabllltles
87.723
84,642
Total net assets, less Ilabolltles
87.723
84.642
Represented by
Unrestricted
General
13,663
36,007
Deslgnate
Catering Fund
Chat Café
ncoln Organ Running Ccéts
Literature Provisjon
Peter King Memorial Fund
Restoration Fund IDe&gnate
128
250
1,211
50
476
1,599
1,392
477
4.790
Restrlcted
Bed(et Chapel Mfindow Restor*"on
Furniture Furwj
J StrEppard's fr&nd for Extern81 L￿hting
Provrsion of Raiment
For the Maintenance of the Bdls
maintenan￿ ofthe vicarage
Thaxted Churth Musi¢ FUTh
ReplaTrrnent Lightrng PTojeGt
Restoration Fund (Restridedl
Kitchen, T(x5et & M￿tIng RO￿ F￿￿
Decorating the Ilige
816
83
27>
1.074
4.047
20,748
3.973
15031
3.957
4,994
5,015
Endovhnent
Chan￿1 Trust
29,910
26.571
Funds ofth• ehureh
Page 6

Notes on the Financial Statements
Forthe yearending 31& De￿ber2OTts
1. Accounting pollcies
General Prlnciples:
These fsnancial slalements have been prepared under the current Church N￿oUntIng Regulations and in accordance
with the current Charities SORP and applicable accounting slandards.
Funds-.
Unrestricted funds represent the fvnd5 available to the PCC that are not sut4'e¢l to any restrictions regarding their use
and are available for application on the general purFoses of the PCC. Thw indude any funds which the PCC has itself
deswnated for a specific purpose.
The purpose of other fijnds, resblcted by the circumstsnces ￿ conditions of their receipt, is noled in the financial
statements.
Resources classified as'Endowment< will be treated as long term investments by the trustees and only the interest
received on each investment will be available for ￿-Inves￿nent or use for the purp)se intended by the person I b(xty
who donated the fvnds. subject to any separate and distirK* agreement on a particular endowment
Incoming resources:
Collections and fees are deatt wrth in the financial ststements when re￿Ned. Covenanted receipts are dealt with when
honoured by the covenanter. Tax recoverable is recognised in the financial receipt when certrfied as due by and
received from the relevant tax authonty.
Grants and legacies are accounted for when received or are able to be quantified with substantial accuracy. The
proceeds of fund-raising and sales of magazines and other gLx)ds are shown gross. and corresponding costs being
shown in resources used.
RosQU￿e$ used:
Grants and donations are accounted for when paid. Costs relating to woth. fun&raising and administration are deatt with
when incurred. Stocks of Ir(eralure and gocxys for sale are included in the financial strdlements On￿ if materially
sjgnrfunl.
The DI￿esan quota accounted forwhen payab￿ and any qwts unpaid as al 31st Ekcember is shown as a creditor
on the balance sheet.
Restatement of Prioryear Classifi¢*ions
Where it is found to be necessary to reclassify income or expenditure. etther through enhanced infomialion or changes
to how particular items should be classtfied. the prior year will be restated within the current yearfs accounts to ensure a
fair and accurate comparison.
Value Added Tax:
Irrecoveoble Value Added Tax Is written off as part of the relevant cost. Value Added Tax recoverable in connection
with repair work is shown specfficalty as an incoming resource.
Other ¢urrgnt assets:
Quantifiable amounts due lo the PCC as at 315t Decemter are shLh¥n as debtors on the financial statements after
educting any amount likely not to be ￿lleCtable.
Page 7

2. Income
2(al Donations and legacies
Total
Unrestricted Des.
2.788
22,719
7,080
1.995
ateil Restricted
Endovrnient
2023
3.388
22.719
7,120
1,995
3.796
2022
3.388
23,668
4,928
2.143
2.220
23
10,178
Giving- Bank Slo
Parish Giving Scheme
Loose plate collections
One-off Gilt Aid gifts
Donatic)ns. appeals etc
Donations via Donth"on Station
Legacies
'Black Chest Donations
'Restorab"on' VV811 Safe
1,111
1.212
952
282
1,000
1.228
2,032
45,725
242
1.134
2.403
228
46,780
Total
39.359
2(bl other trading activities
Total
Unrestrieted Desi
#ted Restricted
140
Endowment
2023
186
5.315
2022
1.447
4.600
400
6,447
Bookstsll Sales- Fund raisrng
Church Lettings - General
Church Lettings- Heating
5.315
Total
5.720
140
5.861
2(cl Inveslments
Totsl
UTrr¢strict¢il Des"
Dated R¢strict¢d
EodowtDent
3,339
3.339
2023
3.339
3,339
2022
2,701
12,7011
Gains l Losses on Trust Revaluation
Total
2{dl other income
Totsl
UDre5tri¢ted De5.
2.731
ated Restricted
2023
2.731
5.680
2022
2.185
5,917
10
Tax recoverable on SIO & Gfft Aid
Tax recoverable on Giving Stheme
Recurring grants
Non-reeurring one-off grants
Yardleys Charty
Thaxted Parish Counul
Restoration Grants {Non-Speuficl
Vicar & Churdmardèns Grant
Othei funds geneialed
Candle Collection
Catering InGorne
May & Christmas Fayres
Fundraising Cornmittee Events
Bank ènd building souety interest
Fees for weddings and funerals
Wedding Fees for Ghoir
855
14,521
15,376
5.OOD
2.024
2.024
50.OOCI
255
909
388
12,000
3,425
786
11,198
65
111,837
212
875
12.(KK)
9,508
2,072
234
3,425
501
11.1
285
65
71.895
390
35,042
Total
36,086
3.857
Page 8

3. Expenditure
3(a) Raising funds
Totsl
Uorestricttd Duigrtated Restricted EDdov4ment
454
2023
773
2022
Costs of fetes & other events
Cost of Credit Card Madu
Totsl
962
1,728
3{b) Expenditure on charitable activities
TotAI
u￿restriCted Desig￿ated R£stiicted EDdoiTrillent
21123
150
2022
Giving- Missionary societies
Giving- Relief & Development agenoes
Horne mission
Secular charitses
Ministry parish Share ete
217
253
43,152
43,623
38.289
38,289
38.593
Totsl
31cl Otherexpenditure
Totsi
Unr¢strirted Deggnated Restricted Endowrntnt
20Z3
6.000
2022
6.000
Organist Fees
Parish Administrator
Parish Adrninistrator- ￿nSeS
Expenses of Ministy Team
Visiting Clergy Expenses
hurch running- InsurarK
Parish Office- Consumables
Paiish Office- Bioadband I WFI
Organ I piano tuning
Church running - Maintenarr
hur¢h running- Clèaning & LauTh1ry
Church running - Catering
Church running- Flowers
Church running- Sem
Iconsumablesl
Church running- SeNre IA%sets)
Church running- 8ells
Upkeep of churthyard
Administration
Bank Fees
F&s Payable to the Dityxe
Church runniry- El￿triC
Church running- Gas
Church runniro- Water
Church running - ljl
Bookst811 costs
Governan￿- Examination l Audit Fee
Church major repairs- Structure
Church majoi repairs- Installation
Church major repairs- Churchyard
Church intenor and exten¢x dwati
Church- Furniture Costs
Ghurch - Lighb"ng ProJect
Vicarage- Maintenance
105
158
15
703
7.731
7.731
7.134
374
479
475
516
3,097
475
516
3,097
202
191
1,899
3,031
5,325
191
642
1,172
3.ff21
11
1.287
1,119
8,847
1,729
4,220
2.123
1123
1533
2,581
15.834
125
2,533
1581
15.834
125
2,357
7,011
119
215
57D
25.367
7.3
570
1.320
4,926
570
50,944
49,624
97
447
4.176
1.740
124,126
4.176
1.740
Tolal
85,819
Paxe 9

4. Statement of assets and liabilities
as at 31* December 2023
Unrestricted Desi
ated Restricted Endowment
2023
2022
Current assets- Cash at bank & in hand
Barclays- Current Account
Barclays- Restorats'on Account
CAF Bank- High Interesi
CAF Bank- Curtent Ar￿u￿t
Cash in Hand
2.260
6,169
8.115
42,804
947
3,907
6,652
47,628
11.228
947
5,267
26.310
Totals
13.663
7.718
36.654
58.035
58.188
Current assei8- InvestmerrtS
Chan￿] Trust
29.910
29.910
26,570
26,570
Totals
29,910
Liabilities - Agency aeeounts
Agency collectioras
222
222
117
117
Totsls
Grand total
13,663
7,718
36,432
29,910
87.723
84.642
5. Statement of the movement of funds
Foi the year ended 31st December 2023
Fund Balances
IncomlwwJ
Outgolng Transfer¥
Galns I
Fund Balances
Losses carrled fotward
Unrestricted Funds
General fund
36.¢X)7
81,165
96,239
15,270)
13,663
Designated Funds
Catering Fijnd
Chat Café
Flower Fund
Literature Provision
Peter lfjng Mefflollal Fund
Restoration Fund
2S)
1,211
510
372
1.899
365
128
882
20
1.158
1.880
{1,000)
1,599
476
1,392
477
4,7
Restricted Funds
Becket Chapel Imndow Restoration
Decorating the South Aisle
FuTnitvre Fund
Heating Fund
tchen, Toilet & Meeting Rth)m Furwj
J. Sheppard's fund for Extem* Lighting
Maintenance of the Bells
Maintenance of the Ghurthya
maintenan￿ of the V￿arage
Provision of Raiment
Replacement Lighting Project
Restoration Fund
Thaxted Church Music Fund
Lincoln Organ- RLJnning Costs
816
16.271
21
49.624
32,538
5.015
3,9S7
75
4,032
4,220
1.740
3,220
1,455
279
83
3.973
I￿¥3)
85
4.047
20,748
1,074
4.176
54,073
1()5
(32,822)
Endowment Funds
Chancel Trust
26.571
29,910
Totsl
84.642
166.762
163.681
Page 10

Associated Organisations
In addthon to the funds which Ihe tnjSt￿ I PCC members dir&Xcontrd of, there are sevwal 859xaated tsrgank%abix)s whith,
atthc￿gh cannot forni part of the accoJnts, do have a COnn￿li0n to the fabrK and the w)rk ofthe thurd).
Eath organisab.on woduces an independent ac£ourrt oftheir itt￿ne and exp￿ditY￿ but an extract of exh of these is reprodu
below for CL)mparison wth prevtw$ years. ￿unts.
Vicar and Churchwardens Accounts
E¥tractfmm the Summary ofthe Funds V￿1￿ Ihe Wttcar & Chu￿wan1&n$ actx)untsas at 31& L*cember 2023
T*>tsl Funds
2023
3.208
Totsl Funds
2022
3.189
Charity Funds hel¢J (Details in the ftrfl V&CW axxxjtsl
Yardley Ecdesiastical Charity
18,gY2
Total Restricted fvnds
21110
55,222
V&CWFund
20,610
30,495
Chanty Estate
54,367
84,862
Fund balance at Year End
140.084
Lincoln Oryan Restoralion Committee accounts
Extr8dfrom tlje reco￿or￿nG(￿￿e and expendrt" oflhe Lncth Organ Restorakn &t￿ts as at31# 0￿m)er 2(Y23
Total FyrKIs
Totsl Funds
Openlng funds
37.286
Total Receipts
54.75
Tot81 PaymÈnts
347.9)
Funds Balance at Year End
36,993
NB. From 2024, the ￿nColn R8Stty*it)fi Funds wmlbe fully incc¥poraled into the Th8XtedPCC annual actounts.
Thaxted Church Hall
Extradfrom Ihe recordofinGcHne and expendrtu￿ oflhe Tha¥ted Church Hallacxxwnts &$ at31$1December2023
Total Funds
Total Funds
2022
o￿nIng funds
7,767
Tot81 Income
8,173
6,4
Total ExFenditure
5.166
6,155
GRANTSILoans
3.516
One off Expense5
Surplus I (Deficit)
1522
IS.4681
Funds Balance atyear Ernl
4.820
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