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# Parochial Church Council of Christ Church, Selly Park
Annual Report and Financial Statements For the year ended 31°‘ December 2022
- The PCC of Christ Church, Selly Park is a registered charity (No. 1127755)
## Christ Church, Selly Park
953 Pershore Road, Selly Park, Birmingham, B29 7PS www.christchurchb29.org 0121 471 2379
Vicar: Revd Ben Green 16 Over Mill Drive Selly Park Birmingham Bank: Co-operative Bank Colmore Row Birmingham Bank: Lloyds Bank 142 Edgbaston Park Road Birmingham Bank: CBF Church of England Deposit Fund CCLA Investment Management Limited Senator House 85 Queen Victoria Street London Independent Examiner: Teresa Fennell It Doesn't Have to Cost the Earth Ltd 47 St Dunstan’s Close, Worcester, WR5 2AJ
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## Trustees’ Report
## Structure, Governance and Management
The Parochial Church Council is a corporate body established by the Church of England. The PCC is a registered charity and operates under the Parochial Church Council (Powers) Measure 1956. The PCC is made up of the Vicar, two Churchwardens, and ten further.elected members. Our two Deanery Synod Representatives do not normally attend PCC meetings. The Parish Administrator attends to take minutes. Members of the PCC are either ex officio, co-opted or elected by the APCM in accordance with the Church Representation Rules. Elected members serve for three years, with an option to stand again at the end of that period for a further three years. No elected member may serve for more than six consecutive years. There must be a gap of at least one year before they can stand for election again.
The PCC considers the Charity Commission's guidance on public benefit when reviewing the policies and activities of Christ Church and has complied with its duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 to have due regard to the House of Bishops’ guidance on safeguarding children and vulnerable adults.
The PCC held six business meetings during the year (January, March, May, July, September and November) as well as the APCM which took place on 30 May 2022. The PCC has four permanent subcommittees — Standing, Finance, Management Group and Mission. All subcommittees report to the PCC on a regular basis and provide recommendations to PCC. All matters of policy and finance are determined by the PCC with limited powers delegated to subcommittees; however detailed implementation of PCC decisions may be delegated to specific subcommittees from time to time as determined by PCC. Membership of the subcommittees is approved by the PCC to whom they report.
## Aims and Purposes
Christ Church Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Reverend Ben Green, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
## Objectives and Activities
The objectives of the PCC (Parochial Church Council) are
1. To enable the church to play its part in God’s mission to the world
2. To co-operate with the incumbent in ensuring leadership
3. To act as the Charity trustees
4. To care for the church building 5. To beachannel of consultation with the world-wide church.
The PCC reports here on the principal activities during 2021 supplementary reporting to the APCM may take place.
Advancing the mission of Christ Church
1. We recognise the need to provide appropriate opportunities for new Christians or those seeking the Lord to meet together and develop their understanding. This year this has been done though joining in with small groups, most of which are now meeting in person again.
2. We ran an Alpha Course with Anchor Church either side of the Easter holiday, and combined it with a visit from +David to conduct baptisms and confirmations on Easter Sunday.
]
3. We created a new service called ‘Explore’ as a successor to our All-In and All-Age services. Its intention is to be intergenerational and approachable for guests by looking at relevant themes and topics (e.g. poverty).
4. Our CFM started offering school assemblies again this year, and additional school support work in person.
5. In September we had a leadership away day looking particularly at discipleship, let by Guy Donegan-Cross. After that a working group was formed to discern a fresh vision and mission and an action plan for taking that forward in 2023 and beyond.
6. As a Cost of Living crisis grew — in particular causing the cost of energy to rise significantly — a small working group met to create a plan for opening the church building over the winter as a warm and comfortable place with free food and drink. We did this under the banner of the national ‘Warm Welcome’ campaign, offering existing provision free of charge (Lunch Club and Coffee Mates) and opening at additional times (Tuesday all day and Friday evenings), starting in November. We made a number of connections with people in the local community, both through people attending and offering to help support and run the provision.
## Achievements and performance
Worship and Prayer
Our main service each Sunday is in the morning at 10:30am and a midweek prayer service takes place on Wednesday mornings at 8am. A monthly 9am service continues to run for those who are anxious about returning with large numbers of people. We also continue to broadcast our 10.30am services on Zoom for those who are unable to attend in person. In 2022 our teaching themes included: Light and Glory (Christmas and Epiphany), Rooted Disciples (based on John Stott’s book), Resurrection People (what does it mean to live in Jesus’ resurrection power), Big Church Little Church (the value of cell church) and 1 & 2 Thessalonians: Walking Worthily (how to live as gospel people in the world).
Regular prayer meetings for the country, overseas mission, and the life of the church have taken place on Zoom, and many still meet online to save travel. Since 2021 Christ Church has hosted Anchor Church — which holds a Church of England Birmingham Bishop’s Mission Order- on Sunday afternoons for their main gathering, and a weekly event called Meals & Music for unaccompanied child refugees.
## Electoral Roll
Our electoral roll was refreshed before the 2022 annual meeting. We are pleased to have seen adults and children joining our congregation during the year but as in any congregation we have also seen individuals moving location and church.
## Pastoral Care
The Pastoral Care Team is made up of a part time Pastoral Care Co-ordinator and a team of volunteers who provide help and support to anyone in our church family or community. This could involve practical support and pastoral visits at home or in hospital. The team are also active in supporting the weekly Lunch Club, Toddler Club and Coffee Mates. Regular team meetings are held throughout the year to share pastoral needs, receive training and pray for those in need. The PCC recognises with gratitude the valuable pastoral work undertaken by the team.
## Community Benefit
The Church building is used by a variety of local community groups, such as Scouts and Guides, health groups and music societies. The Lunch Club, Coffee Mates, Baby and Toddler Group, and Youth groups all provide services to local residents. We also provide a venue for several charities to hold training courses for staff and volunteers. We have risk assessments and processes in place to ensure the safety of those using our building. We have particularly aimed to ensure that a local hospital facility that uses the church for statutory training has been able to continue to do this safely.
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## Volunteers
All of the activities described in this trustees’ report are dependent on the volunteers who lead and give of their time to enable all areas of the Church to function. The scale of the work of the charity is greatly enhanced by the input of all the members of the Church; because of the difficulties in quantifying these gifts their financial effect has not been quantified.
## Mission Work and wider church impact
The church continued its financial and prayer support for Mission partners and other organisations and individuals. The main mission partners are:
- e Amani Centre for Street Children based in Moshi, Tanzania e Richard Fairhead and media outreach based in Cyprus (TLA Charitable Trust) e The Anglican Diocese of Bolivia (Churches in Bolivia) e The African Interior Church and The Kenya Navigators
## Our building
We recognise the value of rental income that is generated and the opportunity to provide a meeting space within the local community. We are grateful to the members of the Management Group who provide support for the issues related to the building and report regularly to PCC.
## Policies and procedures
The PCC has a planned programme for updating policies and procedures and during the year a number were updated.
## Reference and Administrative Details
Christ Church, Selly Park is situated in Selly Park, Birmingham. It is part of the Diocese of Birmingham within the Church of England. The correspondence address is 953 Pershore Road, Selly Park, Birmingham B29 7PS. Registered charity number 1127755.
|During the year the|following served as members ofthe PCC:|following served as members ofthe PCC:|
|---|---|---|
|Clergy|Ben Green (Vicar)||
|Wardens|Cathie Bartlam|Until APCM 2022|
||Graham Romp|FromAPCM 2019|
||Janet Chalmers|From APCM 2022|
|Elected Members|Richard Fasham|Until APCM 2022|
||Pat Clayton|UntilAPCM 2023|
||Peter Frere|Until APCM 2025|
||Martin Garrod|Until APCM 2025|
||Alan Haynes|UntilAPCM 2022|
||Cheryl Homer|UntilAPCM 2024|
||Adrian Jones|Until APCM 2024|
||Becky Parnell|Until APCM 2023|
||Kate Routley|Until APCM 2025|
||EllieWallace-Howell|UntilAPCM2024|
Graham Romp was nominated as lay chair of PCC by Revd Ben Green.
The Parish Administrator who is PCC secretary attended PCC meetings to take minutes.
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## Committees of the PCC and other groups
## Standing Committee
This is the only committee required by law. It has power to transact the business of the PCC that arises from time to time between PCC meetings, subject to any direction given by the Council, in accordance with the Church Representation Rules. The committee is made up of the vicar, the wardens, the treasurer plus one other PCC elected member. During 2022 the standing committee conducted business by email with resolutions reported to the next PCC meeting.
## Finance Committee
This committee consists of the vicar, two elected PCC members and the treasurer. It meets on a quarterly basis to monitor overall income and expenditure in the Parish, prepare the budget and advise the PCC on relevant issues.
## Management Committee
Chaired by Graham Chalmers, this group has responsibility for general management and capital expenditure for the building, Health and Safety and rentals of the church. There were six meetings of the management group during the year.
## Mission Committee
This group seeks to put into practice the mission part of the church’s Mission and Outreach Policy, including making recommendations regarding the church’s missionary giving.
## Ministry Team
The Ministry Team shares in leadership of the church alongside the PCC. Itis comprised of the clergy, Children’s and Families’ Missioner, Lay Readers and the Administrator and meets on a weekly basis. Once a month the Toddler Co-ordinator and Pastoral Team Co-ordinator are invited to that meeting. An Extended Ministry Team was created in response to the pandemic, but no longer meets regularly. The Team is chaired by the Vicar. Whilst the PCC sets the overall strategy, the Ministry Team deals with issues and plans events on an operational level.
Other groups exist on an ad hoc basis to deal with specific matters.
## Vicar’s comments from Revd Ben Green
2022 was a topsy-turvy year for me personally due to some significant health issues, mixed with the joys of running Alpha, bringing people to baptism and confirmation, working on a fresh vision and mission document, and teaching on discipleship, cell church and 1 & 2 Thessalonians. | am grateful to all those who carried on and took on extra responsibility when | was unwell, and for all those who do so much to serve God in this place. Special thanks go to Cathie Bartlam who stepped down as Warden after a number of years of faithful service, not least during a pandemic-affected vacancy. 2023 holds much to pray about as we engage with the wider Church of England conversation about sexuality and marriage — and much to be excited about as we explore what making, growing and sending disciples of Jesus might look like in practice.
## Financial Review
In commenting on the financial results of 2022 it is important that the trustees highlight and explain the legacy income figure of £65,000 shown in note 2(a) and within the top line of the Statement of Financial Activities. In 2021 we were notified of a residual legacy but we were not able to gain sufficient information from the solicitors handling the estate to include a figure in our 2021 accounts. Although we have not yet received any of the legacy, at 31 December 2022 the administration of the estate had reached a stage where, in accordance with UK accounting principles and our income policy set out in note 1, the PCC could make a reasonable and prudent estimate of the likely income. £65,000 has been included in the 2022 accounts and recorded in a designated fund so as not to distort income in the general fund.
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Largely due to the legacy there was a surplus of income over expenditure the financial year to 31 December 2022 and an increase in total funds carried forward of £44,370 (in 2021 a deficit of £35,310). The accounts split income and expenditure into General Fund, Designated Funds and Restricted Funds. In total in 2022 we had an increase in both income and in expenditure; each year we write off approx. £27,000 of expenditure made in previous years to buy assets (this is shown in the accounts as depreciation) and this year the legacy income and gift aid claim had not been received so in cash terms we made a small deficit (2021: deficit of £8,000).
## General Fund
The General Fund showed a deficit in 2022 of £3,766 (2021 surplus £9,657) after taking into account a transfer of £653 from the Coffee Mates designated fund.
In 2022 donations to the general fund were about £1,000 higher than 2021; our lettings income was £12,000 higher than in 2021. The majority of the total income to the general fund was given by members of the congregation, and the PCC is grateful for the continuing financial support for general use and to support other funds e.g. Warm Welcome and Refurbishment Funds.
Our expenditure through the general fund was £170,376 (2021: £147,210); a number of costs were higher in 2022 but the largest increase was in staff costs. In total staff costs rose by £7,000 but less was charged to restricted and designated funds so the increase in staff costs charged to the general fund was £20,000.
The PCC allocates 10% of the previous year’s voluntary General Fund income to Mission Giving at home and overseas. During 2022 our total giving was £13,200 details of giving over £1,000 is set out in note 10 to the financial statements.
## Designated Funds
As in previous years, the income and expenditure of a number of activities of the church have been included in the financial statements as designated funds, for example Baby & Toddler Club, Lunch Club and Coffee Mates. These groups continue to be mainly self-financing or grant funded, but their inclusion is required by the Charities Act.
The Refurbishment Fund was created at the end of 2012 to provide for repairs, maintenance or upgrades required to the building. Income of £4,503 was received this year (2021: £5,343). No items of expenditure in the year were charged to this account, depreciation of £768 was charged. The level of the Refurbishment Fund at the year-end was £38,429.
A designated Warm Welcome Fund was created for gifts arising from the winter crisis but where the use was not restricted.
## Restricted Funds
At 31 December 2022 there are three restricted funds. The Building Fund is closed to further donations; the cost of the building is being depreciated over 50 years and depreciation of £23,000 was charged in the year.
Following an appeal to fund the employment of a Children’s and Families’ Missioner all income arising is accounted for in a restricted CFM fund. The income in the year of £4,930 is used towards the CFM employment costs, there is a zero balance in the fund at the year end. Donations in 2023 will be used to fund employment costs of the CFM with the balance of costs being charged to the general fund.
An appeal was made for the congregation to contribute to the intentions of the PCC to support people across the community during the winter of 2022-23. This initiative became known as Warm Welcome so a restricted fund was created to account for gifts and to record expenditure. At 31 December 2022 expenditure exceeded income by £907 but a transfer was not made from general funds as we were aware of gifts in 2023 which would cover the deficit.
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## Reserves Policy
The PCC policy is to maintain a balance on unrestricted general funds which cover fixed assets and represent three to six months’ anticipated payments. This provides cover for any emergency situations that may arise from time to time. The level of unrestricted reserves in net current assets at 31 December 2022 (£69,000) represents approximately 4 months’ anticipated payments, based on the total expenditure budgeted for 2023.
The financial position of the church is built around our Christian faith. We are a community worshipping the Lord Jesus Christ in a building designed for that purpose and for the use of the wider community. Our congregation through personal giving contribute most (this year over 76%) of our regular income with the balance coming from rental income and fees paid by service users. We budget our expenditure each year to ensure that a prudent approach is taken to expenditure but this is a matter of faith that the Lord will continue to provide through giving and other sources of income.
Funds Held as Custodian Trustee on Behalf of Others Christ Church Selly Park has received £4,676 (including £2,000 from Christ Church) and paid £6,136 as agent on behalf of the local Christians Against Poverty Debt Centre. Christ Church is one of the local churches that together support the CAP South Birmingham Debt Centre. CAP is passionate about releasing people in our nation from a life sentence of debt, poverty and their causes. It works with local churches to bring good news, hope and freedom. The cash balance held at 31 December 2022 by Christ Church on behalf of CAP South Birmingham was £5,692 (2021: £7,152).
## Plans for future periods
During late 2022 we refreshed the parish’s vision and mission and set our focus as making, growing and sending disciples of Jesus. We also embarked on developing our support of the local community through the initiatives undertaken under the Warm Welcome banner. In 2023 we are continuing the community initiatives and looking at ways to fund that work to provide longer term solutions to meet the needs of our neighbours in Selly Park. We are working in small groups and gaining wider input as we develop our vision and mission process to ensure that Christ Church is a place where people can meet Jesus for the first time, grow as his disciples, and send each other out into our daily lives confident in Jesus.
In anticipation of receiving the legacy referred to in the financial review the PCC will be looking at investment and development projects (e.g. kitchen, audio/visual system, prayer room) which might otherwise be difficult to finance from the general fund.
We have enjoyed welcoming all our mission partners to online prayer meetings and Walter and Adela Toro in August after the Lambeth Conference — but we hope to restart in-person visits in 2023.
A group of our young people will be taking part in Satellites, a five-day Christian youth event in August 2023.
This report was approved by the PCC on 21 March 2023 and signed on its behalf by Graham Romp, Lay Chair of the PCC
## G Romp
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## Independent Examiner’s Report
## to the Parochial Church Council of Christ Church Selly Park
| report to the trustees on my examination of the accounts of the Parochial Church Council of Christ Church Selly Park (“the Church”) for the year ended 31 December 2022.
## Responsibilities and basis of report
As the charity trustees of the Church you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
| report in respect of my examination of the Church’s accounts 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:
1. accounting records were not kept in respect of the Church as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
| have no concerns 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.
## signed: Teresa Lennell
Date: 21 March 2023
Teresa Fennell, Chartered Institute of Management Accountants
It Doesn't Have to Cost the Earth Ltd 47 St Dunstan’s Close, Worcester, WR5 2AJ
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## Statement of Financial Activities
## For the year ended 31 December 2022
|For thethe year ended 31 December 2022|||||||
|---|---|---|---|---|---|---|
||||Year ended 31|December 2022||Year ended|
|||Unrestricted funds||Restricted||31/12/2021|
|||General|Designated|Funds|||
|||Fund|Funds||TOTAL|TOTAL|
|||£|£|£|£|£|
|INCOME FROM:|||||||
|Income from donations and legacies|2(a)|129,501|76,692|6,473|212,666|150,036|
|Income from charitable activities|2(b)|35,333|6,979||42,312|23,663|
|Investment income|2(c)|4,123|||1,123|41|
|Total income||165,957|83,671|6,473|256,101|173,740|
|EXPENDITURE ON:|||||||
|Expenditure on charitable activities|3|170,376|10,975|30,380|211,731|209,050|
|Total expenditure||170,376|10,975|30,380|211,731|209,050|
|Net income/expenditure|||||||
|before transfers between funds||-4,419|72,696|-23,907|44,370|-35,310|
|Transfer between funds||653|-653||0|0|
|Net movement in funds||-3,766|72,043|-23,907|44,370|-35,310|
|RECONCILIATION OF FUNDS:|||||||
|Funds brought forward||227,685|82,970|945,100|1,255,755|1,291,065|
|Fundscarriedforward||223,919|155,013|921,193|1,300,125|1,255,755|
The notes on pages 11 to 19 form part of these financial statements
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## Balance Sheet at 31 December 2022
|Balance Sheet at 31 December 2022||||||
|---|---|---|---|---|---|
|;||2022|2022|2021|2021|
||Note|£|f|£|£|
|Assets and liabilities||||||
|FIXED ASSETS||||||
|Tangible fixed assets for charity use|6||1,119,639||1,141,457|
|CURRENT ASSETS||||||
|Debtors||||||
|Income tax reclaimable||7,602||210||
|Rental debtors||4,407||2,226||
|Prepayments and accrued income||66,137||4,289||
|Total debtors||78,146||6,725||
|Cash at bank and in hand||||||
|Shortterm deposits||114,405||117,668||
|Total current assets||192,551||124,393||
|CURRENT LIABILITIES||||||
|Creditors due within one year||||||
|Accruals and deferred income||-12,065||-10,095||
|Total creditors due within one year||-12,065||-10,095||
|NET CURRENTASSETS|||180,486||114,298|
|NETASSETS|||1,300,125||1,255,755|
|Represented byfunds||||||
|Unrestricted Funds||||||
|General fund|||223,919||227,685|
|Designated Funds|||155,013||82,970|
|Restricted Funds|||921,193||945,100|
|TotalFunds|7||1,300,125||1,255,755|
Approved by the Parochial Church Council on 21 March 2023 and signed on its behalf by:
## G Romp
Graham Romp - Lay Chair of PCC and Churchwarden The notes on pages 11 to 19 form part of these financial statements
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Notes to the Financial Statements
For the year ended 31 December 2022
- 1 ACCOUNTING POLICIES
## Basis of preparation
The PCC is a public benefit entity within the meaning of Financial Reporting Standard 102 ("FRS 102"). The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, the Regulations' "true and fair view" provisions, together with FRS 102 as the applicable accounting standard and the second edition of Accounting and Reporting by Charities: the Statement of Recommended Practice (Charities SORP (FRS 102)).
The financial statements include all 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.
## Going concern
Christ Church is dependent upon the regular donations of its members. Excluding the accrued legacy income there was a deficit in 2022 of £21,000, however the balance sheet remains strong with £69,000 of net current assets in the Parish General Fund at the year end. The PCC considers that Christ Church, Selly Park is a going concern. Funds
Unrestricted 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. The Parish General Fund, which is an unrestricted fund, is used to pay for the running costs and maintenance of the church, non-clergy staff, the Diocesan Common Fund, building insurance, clergy housing and other parish expenses. Funds designated for a particular purpose by the PCC are also unrestricted.
The Charities Act requires the church to include income, expenditure and assets relating to activities such as Monday Fellowship, Baby and Toddler Club, Lunch Club and Coffee Mates within the accounts of the Church. These have been treated as designated funds along with amounts of unrestricted income designated by the PCC for specific purposes e.g. Refurbishment Fund and Philippians Fund. In 2022 a Legacies Fund was created and a designated Warm Welcome Fund for monies given to support that work but with a clear statement from the donors that the funds were not restricted. The solar panels fund represents a fixed asset fund rather than a cash fund and it is being written off each year as the assets are depreciated.
A restricted fund is formed when expenditure can only be used for the purposes specified. Restricted funds comprise the Building Fund, the CFM Fund and a Warm Welcome Fund, the latter being monies raised to enable the PCC to provide a warm space and hospitality to the community in the winter of 22-23.
Income
Collections and other forms of giving are recognised when received by the PCC. Income tax recoverable on Gift Aid donations is recognised when the donation is received.
Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount is quantifiable and its ultimate receipt by the PCC is probable. Grants which relate to plant and equipment are recognised at the same rate as the assets are depreciated. Residual legacies, where the full legacy has not been received, are estimated based on the latest assets and liabilities statement; a deduction is made, normally of up to 20% of the estimated amounts, to represent uncertainty . Funds raised by events are accounted for gross.
Rental income from the letting of church premises is recognised when the rental is due. Interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognised in the same accounting period.
## Expenditure
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. Common Fund is accounted for when paid.
## Employee Benefits - Pensions
The costs of post employment benefits are recognised as a liability and an expense. Where applicable the pension expense is charged to the designated or restricted fund which bears the relevant employee costs, or to the general fund. Employees of Christ Church are entitled to be members of one of two pension schemes both of which are accounted for as defined contribution schemes. Details are provided in note 14.
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Notes to the Financial Statements (continued) For the year ended 31 December 2022
## 1 ACCOUNTING POLICIES (CONTINUED)
## Fixed assets
All property, plant and equipment is recognised at cost less any accumulated depreciation and any accumulated impairment losses. Property is depreciated ona straight line basis over 50 years. Plant and equipment are depreciated ona straight line basis over 4 - 20 years. Individual (or grouped) items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired. Land is not depreciated unless there is a permanent impairment. No cost information is available for the land on which the church building is located and so it is included at deemed cost of £150,000 being its value transferred on creation of the Parish in 2004.
## Current assets
Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable.
Short term deposits include cash held on deposit with either the CBF Church of England Funds or at the bank, as well as small balances of petty cash.
- 2 INCOME
|2|INCOME||Year ended 31|December 2022||Year ended|
|---|---|---|---|---|---|---|
|||Unrestricted funds||Restricted||31/12/2021|
|||General|Designated|Funds|||
|||Funds|Funds||TOTAL|TOTAL|
|||£|£|£|£|£|
|2(a)|Income from donations and legacies||||||
||Monthly standing orders|96,061|3,636|3,700|103,397|100,282|
||Other regular giving|5,932|||5/932|2,263|
||One offand occasional giving|5,712|5,456|1,628|12,796|14,000|
||Cash collections|145|238||383|186|
||Sundry donations|507|1,170||1,677|2,772|
||Income tax recoverable|20,694|1,011|1,145|22,850|24,698|
||Grants|450|181||631|1,825|
||Legacies||65,000||65,000|4,010|
|||129,501|76,692|6,473|212,666|150,036|
|2(b)|Incomefrom charitable activities||||||
||Church lettings|32,442|||32,442|19,970|
||Fees and similar receipts|2,891|6,979||9,870|3,693|
|||35,333|6,979|0|42,312|23,663|
|2(c)|Investment income||||||
||Bank interest|1,123|||1,123|41|
|||1,123|0|0|1,123|41|
||Totalincome|165,957|83,671|6,473|256,101|173,740|
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Notes to the Financial Statements (continued) For the year ended 31 December 2022
|For the yearthe year|For the yearthe yearyear ended 31 December 2022||||||
|---|---|---|---|---|---|---|
|3|EXPENDITURE||Year ended 31|December 2022||Year ended|
|||Unrestricted funds||Restricted||31/12/2021|
|||General|Designated|Funds|||
|||Funds|Funds||TOTAL|TOTAL|
|||£|£|£|£|£|
||Expenditure on charitable activities||||||
||Ministry:
Common Fund|61,000|||61,000|61,000|
||Clergy expenses|1,366|||1,366|665|
||Clergy property expenses|941|||941|6,218|
||Church:
Utilities|8,480|||8,480|8,251|
||Insurance|1,636|||1,636|1,567|
||Maintenance|6,275|||6,275|23,774|
||Cleaning and similar costs|6,551|||6,551|4,794|
||Upkeep of services|1,689|||1,689|1,362|
||Training and recognition|2,362|130|204|2,696|449|
||Children's work|326|||326|68|
||Youth work|713|181||894|302|
||Staff costs|54,130|1,230|4,930|60,290|53,268|
||Costs oftrading, refreshments|1,097|4,472|360|5,929|1,984|
||Website, printing and publicity|2,082|162|691|2,935|1,535|
||Professional costs and music licences|869|||869|828|
||Governance costs|1,080|||1,080|575|
||Depreciation|678|3,108|23,000|26,786|26,806|
||Other administration and office costs|2,246||18|2,264|1,362|
||Church and mission overseas|12,155|250||12,405|10,722|
||Home missions, parish evangelism&events|2,700|196|1,177|4,073|737|
||Other charitable giving|2,000|1,246||3,246|2,783|
||Totalexpenditure|170,376|10,975|30,380|211,731|209,050|
||Year ended|Year ended|
|---|---|---|
|STAFF COSTS|31/12/2022|31/12/2021|
||£|£|
|Wages and salaries|53,593|49,673|
|National Insurance|-229|229|
|Pension costs (see note 14)|3,161|3,099|
||56,525|53,001|
## 4 STAFF COSTS
The average number of people employed by the PCC in the year was 5 (2021: 5). The PCC employed an administrator, a youth worker, children’s and families' missioner, pastoral leader and a baby and toddler club leader.
13
Notes to the Financial Statements (continued) For the year ended 31 December 2022
## 5 RELATED PARTY TRANSACTIONS
Revd. Ben Green received the following non specific expenses:
Mileage which was paid at Diocesan rates of 45p per mile (30p per mile outside the Diocese). Contributions to housing and IT costs in line with PCC recommendations.
Members of the PCC had the following transactions with the parish during the year:
Expenses of £2,865 (2021: £457) were reimbursed to PCC members in respect of expenditure on youth work, travelling expenses, items for use in services and reimbursement of other expenses.
During 2022 payments totalling £500 (2021: £7,000) were made to Phil Homer, the spouse of PCC member Cheryl Homer, for decorating and handyman services. The PCC member had no influence over the awarding of any contracts or the amount paid. Donations of £32,789 (2021: £24,551) were received from PCC members.
Becky Parnell's husband is a trustee of "THEN" a UK charity through whom the PCC made gifts (in 2022 £933 and in 2021 £1,000) for teacher training and medical work in Nepal.
There were no further related party transactions during the year.
|6|FIXED ASSETS FOR USE BYTHE PCC|FIXED ASSETS FOR USE BYTHE PCC|Freehold land|Church|Total|
|---|---|---|---|---|---|
||Tangible fixed assets||andbuildings|§ equipment||
||||£|£|£|
||Actual/deemed cost|At 1January 2021|1,360,986|91,833|1,452,819|
|||Additions||1,194|1,194|
|||Disposals|||0|
|||At 31 December 2021 / 1 January 2022|1,360,986|93,027|1,454,013|
|||Additions||4,968|4,968|
|||Disposals|||0|
|||At 31 December 2022|1,360,986|97,995|1,458,981|
||Depreciation|At 1January 2021|195,333|90,417|285,750|
|||Charge for the year|25,790|1,016|26,806|
|||Disposals|||0|
|||At 31 December 2021 / 1 January 2022|221,123|91,433|312,556|
|||Charge for the year|25,820|966|26,786|
|||Disposals|||0|
|||At 31 December 2022|246,943|92,399|339,342|
||Net book value|At 31 December 2022|1,114,043|5,596|1,119,639|
|||At31December2021|1,139,863|1,594|1,141,457|
The freehold land and buildings comprise the land of the Christ Church site and the direct construction costs of the Christ Church building. The land is held on behalf of the PCC by Birmingham Diocesan Trustees Registered as Custodian Trustees because the PCC is not permitted by law to be the registered owner of land.
The level of capitalised interest included within the cost of Freehold land and buildings is £18,040 (2021: £18,040.)
14
|Notes to the Financial Statements (continued)|Notes to the Financial Statements (continued)||||||||
|---|---|---|---|---|---|---|---|---|
|For the yearended 31 December 2022|||||||||
|7|FUNDS|At|1 Jan 22|Income|Expenditure|Transfers|At|31 Dec 22|
|Unrestricted Funds|||£|£|£|£||£|
||Parish General Fund||77,685|165,957|-170,376|653||73,919|
|Property Fund (Land - see note 1)
Designated funds||150,000
~~
227,685
———||165,957 -170,376
lhel
ra||150,000
653
223,919
Uh;TCCC™C”tC|||
||Youth Fund||1,065|181|-181|||1,065|
||Babyand Toddler Club||84|2,511|-2,344|||251|
||Lunch Club||2,423|3,036|-2,991|||2,468|
||Monday Fellowship||162|188|-332|||18|
||Philippians Fund||2,406|1,313|-650|||3,069|
||Coffee Mates||1,069|1,431|-769|-653||1,078|
||Encounter/Bolivia Fund||826|250|-250|||826|
||Refurbishment Fund||34,694|4,503|-768|||38,429|
||Warm Welcome Fund||0|5,070||||5,070|
||Legacies Fund||e)|65,000||||65,000|
||Solar Panels Fund||36,800||-2,340|||34,460|
||Community||0|188|-188|||0|
||B1 Fund||3,441||-162|||3,279|
||||82,970|83,671|-10,975|-653||155,013|
|Restricted Funds (see note 9)||ee||ee|eee
oe||||
||Building Fund||945,100||-23,000|||922,100|
||Warm Welcome Fund||0|1,543|-2,450|||-907|
||CFM Fund||0|4,930|-4,930|||0|
||||945,100|6,473|-30,380||0|921,193|
|Total Funds|||1,255,755|256,101|-211,731||0|1,300,125|
|Comparativefigures -2021||At 1Jan 21||Income|Expenditure|Transfers|At31|31 Dec 21|
|Unrestricted Funds||£||£|£|£|£||
||Parish General Fund||68,028|156,735|-147,210|132||77,685|
||Property Fund (Land - see note 1)||150,000|||||150,000|
||||218,028|156,735|-147,210|132||227,685|
|Designated funds|||||||||
||Youth Fund||1,065|||||1,065|
||Babyand Toddler Club||150|1,218|-1,284|||84|
||Lunch Club||2,483|590|-650|||2,423|
||Monday Fellowship||198|50|-86|||162|
||Philippians Fund||1,924|482||||2,406|
||Coffee Mates||1,026|331|-156|-132||1,069|
||Encounter Fund||826|||||826|
||Refurbishment Fund||42,510|5,343|-13,159|||34,694|
||Solar Panels Fund||39,100||-2,300|||36,800|
||Community||0|2,758|-2,758|||0|
||B1 Fund||3,441|||||3,441|
||Children's and Families' Missioner||12,214||-12,214|||0|
||||104,937|10,772|-32,607|-132||82,970|
|Restricted Funds (see note 9)|||||||||
||Building Fund||968,100||-23,000|||945,100|
||CFM Fund||0|6,233|-6,233|||0|
||||968,100|6,233|-29,233||0|945,100|
|TotalFunds|||1,291,065|173,740|-209,050||0|4;255:755|
15
Notes to the Financial Statements (continued) For the year ended 31 December 2022
|8|ANALYSIS OF NETASSETS BY FUNDTYPE|Unrestricted funds|Unrestricted funds|Restricted||
|---|---|---|---|---|---|
|||General _Designated||Funds|Total|
|||Funds|Funds|||
||At 31 December 2022|£|£|£|£|
||Fixed assets for church use|154,578|42,961|922,100|1,119,639|
||Current assets|80,458|112,093||192,551|
||Current liabilities|-11,117|-41|-907|-12,065|
||Funds|223,919|155,013|921,193|1,300,125|
||At31 December2021|£|£|£|£|
||Fixed assets forchurch use|151,056|45,301|945,100|1,141,457|
||Current assets|86,683|37,710||124,393|
||Current liabilities|-10,054|-41||-10,095|
||Funds|227,685|82,970|945,100|1,255,755|
- 9 RESTRICTED FUNDS The PCC has identified three restricted funds:
Gifts made specifically for the re-building of Christ Church were applied to the construction and fitting out of the church building. The building was completed during 2008. All outstanding loans were repaid in full in May 2013. No further donations to the fund have been sought after that date and any monies subsequently received have been and will be applied for the purposes of maintaining the property, by including them within the Refurbishment Fund which is a designated fund. During 2018 the church made an appeal to fund the employment of a Children’s and Families’ Missioner. Amounts pledged are accounted for in this fund as received. Employment costs commenced in January 2019 and are charged against the fund. In 2022 the PCC made an appeal for donations to support work to provide hospitality and a warm space to members of the community during the 22-23 winter and a restricted fund was created.
- 10 MISSION GIVING
Expenditure in note 3 includes donations of £1,000 or more to the following charitable organisations:
||Yearended|Year|ended|
|---|---|---|---|
||31/12/2022|31/12/2021||
||£||£|
|The TLA Charitable Trust|2,000||1,795|
|Amani Children's Home, Tanzania|2,000||1,795|
|Churches and missionaries in Bolivia (includes gifts)|2,250||2,000|
|African Interior Church|2,000||1,795|
|Barnabus Fund for Pakistan Flood appeal|1,000||0|
|Then for Nepal|933||1,000|
|CAPITAL COMMITMENTS||||
|Therewas £1,440 ofcapital expenditure authorised and contracted for but not provided||for in|the financial|
|statements (2021: Enil)||||
|OPERATING LEASECOMMITMENTS||||
|Operating lease commitments at the year end, which relate to plant and equipment, comprise:||||
||2022||2021|
||£||£|
|Payments due in lessthan one year|960||960|
|Payments due between one and two years|480||960|
|Payments due between two and five years|||480|
||1,440||2,400|
11 CAPITAL COMMITMENTS There was £1,440 of capital expenditure authorised and contracted for but not provided for in the financial statements (2021: Enil)
- 12 OPERATING LEASE COMMITMENTS
Operating lease commitments at the year end, which relate to plant and equipment, comprise:
16
Notes to the Financial Statements (continued)
For the year ended 31 December 2022
13. INDEPENDENT EXAMINER
The amount payable to the independent examiner for the year is £610 (2021: £575.)
## 14 PENSION BENEFITS
Employees are normally part of the auto enrolment compliant Birmingham Diocesan Board of Finance Group Pension Scheme however where employees transfer from employment of the Diocese under the TUPE regulations membership may be of the Church Workers Pension Fund. The assets of the schemes are held separately from those of the charity.
## DIOCESE OF BIRMINGHAM SCHEME
The diocese provides a defined contribution Friends Life Flexible Retirement Account group pension scheme. The pensions cost charged to the Statement of Financial Activities in the year was £312 (2021 £271).
## CHURCH WORKERS PENSION FUND ("CWPF")
Christ Church participates in the Pension Builder Scheme section of CWPF for lay staff who transferred from employment by the Diocese. The Scheme is administered by the Church of England Pensions Board, which holds the assets of the scheme separately from those of Christ Church and the other participating employers.
The CWPF has a section known as the Defined Benefits Scheme, a deferred annuity section known as Pension Builder Classic and a cash balance section known as Pension Builder 2014.
## Pension Builder Scheme
The Pension Builder Scheme of the CWPF is made up of two sections, Pension Builder Classic and Pension Builder 2014, both of which are classed as defined benefit schemes, Christ Church uses only the 2014 element.
Pension Builder 2014 is a cash balance scheme that provides a lump sum that members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared is payable, unreduced, from age 65.
There is no sub-division of assets between employers in each section of the Pension Builder Scheme.
The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and this means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the Statement of Financial Activities in the year are contributions payable of £2,849 (2021 £2,828).
A valuation of the Pension Builder Scheme is carried out once every three years. The most recent was carried out as at 31 December 2019. The next valuation is due as at 31 December 2022.
For the Pension Builder 2014 section, the valuation revealed a surplus of £5.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time.
The legal structure of the scheme is such that if another employer fails, Christ Church could become responsible for paying a share of that employer’s pension liabilities.
17
Notes to the Financial Statements (continued) For the year ended 31 December 2022
## 15 DETAILED COMPARATIVE FIGURES STATEMENT OF FINANCIAL ACTIVITIES together with details of income and expenditure (see notes 2 and 3)
|||Year ended 31|December 2021||
|---|---|---|---|---|
||Unrestricted funds||Restricted||
||General|Designated|Funds||
||Funds|Funds||TOTAL|
||£|if|£|£|
|INCOME FROM:
see details below|||||
|Income from donations and legacies|135,144|8,659|6,233|150,036|
|Income from charitable activities|21,550|2:13||23,663|
|Investment income|41|||41|
|Total income|156,735|10,772|6,233|173,740|
|EXPENDITURE ON: _ see details next page|||||
|Expenditure on charitable activities|147,210|32,607|29,233|209,050|
|Total expenditure|147,210|32,607|29,233|209,050|
|Net income/expenditure|||||
|before transfers between funds|9,525|-21,835|-23,000|-35,310|
|Transfer between funds|132|-132|0|0|
|Net movement in funds|9,657|-21,967|-23,000|-35,310|
|RECONCILIATION OF FUNDS:|||||
|Funds brought forward|218,028|104,937|968,100|1,291,065|
|Funds carried forward|227,685|82,970|945,100|1,255,755|
|INCOME
See Note 2|£|£|£|£|
|Income from donations and legacies|||||
|Monthly standing orders|91,990|4,282|4,010|100,282|
|Other regular giving|2263|||2,263|
|One off and occasional giving|13,000||1,000|14,000|
|Cash collections|110|76||186|
|Sundry donations|119|2,653||2,772|
|Income tax recoverable|21,827|1,648|1,223|24,698|
|Grants|1,825|||1,825|
|Legacies|4,010|||4,010|
||135,144|8,659|6,233|150,036|
|Income from charitable activities|||||
|Church lettings|19,970|||19,970|
|Fees & similar receipts|1,580|2 113||3,693|
||21,550|2,113|0|23,663|
|Investment income|||||
|Bank interest|41|||41|
|Totalincome|156,735|10,772|6,233|173,740|
18
Notes to the Financial Statements (continued) For the year ended 31 December 2022
## 15 DETAILED COMPARATIVE FIGURES Continued STATEMENT OF FINANCIAL ACTIVITIES
|EXPENDITURE
See note 3||Year ended 31|December 2021||
|---|---|---|---|---|
||Unrestricted funds||Restricted||
||General|Designated|Funds||
||Funds|Funds||TOTAL|
||£|£|£|£|
|Expenditure on charitable activities|||||
|Ministry:
Common Fund|61,000|||61,000|
|Clergy expenses|665|||665|
|Clergy property expenses|6,218|||6,218|
|Church:
Utilities|8,251|||8,251|
|Insurance|1,567|||1,567|
|Maintenance|9,974|13,800||23,774|
|Cleaning and similar costs|4,794|||4,794|
|Upkeep of services|1,362|||1,362|
|Training and recognition|379|70||449|
|Children's work|68|||68|
|Youth work|302|||302|
|Staff costs|34,206|12,829|6,233|53,268|
|Costs of trading, refreshments|527|1,457||1,984|
|Website, printing and publicity|1,535|||1,535|
|Professional costs and music licences|1,403|||1,403|
|Depreciation|138|3,668|23,000|26,806|
|Other administration and office costs|1,362|||1,362|
|Church and mission overseas|10,722|||10,722|
|Home missions, parish evangelism|737|||37|
|Other charitable giving|2,000|783||2,783|
|Totalexpenditure|147,210|32,607|29,233|209,050|
19