PETERBOROUGH PARISH CHURCH St. John the Baptist with St. Luke Charity registration number 1127813 Annual Report Ind Financial Statements of the P2rochiAI Church Council for the year ended 31st Deeember 2023 ncumbent: Reverend Michelle Dalliston Th¢ D¢anery, 14 Minster Precincts Peterborough, PEI IXX BAnk: Barclays Bank plc I Church Street PeteTboTough Cambridgeshire PEI IXZ Independent ExamiDer Mtchael Horswle 30 Liverniore Green Werrington Peterborough PE4 5DG THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH PARISH INFORMA TION Parish Peterborough Parish Church St John the Baptist with Si Luke. Incumbent R¢verend Michelle Dalliston The Deanery, 14 Minster Ptecincts Peterborough Cambridgeshi PEI IXZ Bank Barclays Bank PIC I Church Street Pelerborough Cambridgeshire PEI IXE Independent Examiner Michael Horswjle 30 Livermor¢ Green Werrington Pelerlx)rough PE4 5DG THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH CONTEIVTS Page T￿￿tees, rewrt Independent examiner's rew)rt Notes on the financial statements 9-10 Statement of financial activities Balance sheet 12 Notes to the accounts 13- 18 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH COUNCILS REPOR T FOR THE YEAR EIVDED 31 DECEMBER 2023 The Parochial Church Council (PCC) is pleased to present its report together with the financial statements for the year ended 31 st December 2023. OUR PARISH VISION AND MISSIO The PCC has the responsibility of ¢o-op￿rating with the incumbent in promoting in the ecclesiastical parish the whole mission of the Church. pastoral, evangelistic. social and ecumenical. St John's and St Luke's are open and inclusive communities of faith. welcoming all and seeking to be living witnesses lo God in Jesus Christ. This is expressed through our Ethos and Vision. Our aim is to be a beacon of faith. hope and love in the heart of our city. Our mission is to proclaim God's love in Jesus Christ so ihat others will be drawn to follow him and find a place in our community. Th¢ values that we espouse of being open and inclusive, worshipping and faithful, loving and serving, guide everything we do. In these we seek to live the mission of the church and draw others inlo its life and community. Ev¢rything we do falls under five key areas: Prayer and worship - prayer and worship is ihe foundation of all we Oo Serving and caring- being an active presence in ihe communily Learning together nurturing faith, telling the story, providing a Credible witness to the Gospel of Jesus Christ and enabling room for different underslandings to exist alongside one another Ju8tiee- wh¢re faith leads to action for the wellbeing of all people Stewardship of the environmenL promoting ecological concern and reducing the churches, carbon footprint. These mirn)r the Five Marks of Mission of the Anglican Communion: Tell~ Good news of God in Jesus Christ, God's Kingdom Teach - Faith, Baptism and Confirniation. help all grow and deepen faith Tend - Care and Love Transform - Make a difference in the world for the welllKin8 of all Trea$ure- Creation, be good stewards of the earth and its resources. OUR VISION FOR THE WIDER USE OF ST JOHN'S As the historical parish church for Peterborough, The Church of St John the Baptist w&s consecraled to witness to the presence of the living God in the heart of the cily and amid human life, in all its variety and complexity, in its joys and in its sorrows. In order to develop enhanced public benefit and make the most of its strategic location today. we aim to live the vision and mission through being.. a place of hospitality and refreshment and centre for resources and infonnation a concert and arts venue for the city - an inspiring space in wliich all that is good in human creativity and endeavour can be witnessed and celebrated, through the perfomiing arts, public discourse, lecture and cxhibition a place of tranquillity at the centre of the city where appropriate professional advice and counselling services can be offered and signposted. lof18 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH COUNCILS REPOR T FOR THE YEAR ENDED 31 DECEMBER 2023 (continued) St Luke's is our daughter church on Mayor's Walk. built in 1901 as a Mission Room to serve the growing residential part of St John's Parish to the west of the railway. Dedicated to St Luke in 1983 it had a focus in supporting the now demolished District Hospital and is now in the midst of a residential community and small commercial are& PREMISES The PCC has maintenance responsibilities for the church buildings: The Parish Church of St John the Baptist. Church Street. Peierborough and th¢ daughter church of St Luke, Mayor's Walk, Peterborough. Our Vicar Tesides in The Deanery. in the Cathedral Precincts. All Saints Mar Thoma Church sigined a 25-year lease lo rent St John's Hall in Mayor's Walk as of July 2018 and as such is responsible for the maintenanc¢ of this premises. An annual inspection by the PCC of St John's Hall was completed in December identlfying some minor ar￿ requiring improvement, which have been completed. MEMBERSHIP OF THE PCC Members of the PCC are either ex-otTIcio. co-opted or elecled by the Annual Parochial Church Meeting in accordance with the Church Representation Rules. During the year the following served as members of the pcc.. Ineumbent Rever¢nd Michelle Dallision Curate Reverend Becka Yales WYdrden$ Vernon Bull - (Tre&surer) Judy Barsby Alun Williams - Parish Safeguarding OtTicer (PSO) Deanery Synod Representatives Judy Barsby June Bull - Deanery Synod Standing Committee. Diocesan Synod Represenlative, Health and Salety oificer Elected Members Malikia Brewster Lyn Green Malcolm Hopkins Margarei Lilliman Henry Mosey elected iofill a ca.sual vacancyfrom June 2023 Tony Pickering {Secretary) Di Sabel Les Sabel June Swingler (Electoral Roll Officer) Sard More co-opied io ihe PCC wiihoui voling righi,sfrom June 2023 2of18 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH COUNCILSREPOR TFOR THE YE4R ENDED 31 DECEMBER 2023 (contin￿) Michael Horspole attended some meetings &% Indcpcndent Ftnancial AdvAser. The PCC met on 8 occasions in 2023 with an average attendance of13 members. The number of members that could bc elected to the PCC stands at 9 as the El¢ctoral Roll numbers are below 100. The CUTrent Electoral Roll perniits two ￿preSentatIveS al I)eancry Synod. Standing Committee The Standing Committee of the PCC is a statutory committee wxth power to transact emergency b￿lnesS between meetings and other business as instructed by the Council. The Standin8 Committee comprises the Vicar and Churchwardens together with the Treasurer. Parish Safeguarding Officer and Secretary, and this also serves as the Health and Safety Committee. Working Group8 and (hher Appolntments The PCC h&s appointed several working groups for different areas of inl¢rest in the life of the church and the parish, The Social and Fundraising Committee, consisted of the Vicar, Becka Yates. Judy Barsby, Di & Les Sabel, Margaret Lilliman, Rosie Haynes, Sarah Warburton and Malikia Brewster, who provid¢d and Coryordinated infotmal church activities including th¢ Harv¢5t meal and Patronal Festival meal as well as lunches and corporate parish meals. The Finan¢¢ Committee consisted of the Vicar, Churchwardens, Treasurer, June Bull (until May 23), Rosie Haynes and Duncan Garfielth churches week by the Flower Team led by Lai Juliary Di Sabel and Jackie Prime. Sunday services norn]ally conclude with eA)ffee at St Luke's and coffee and sherry at St Jobn's. These provide occasions for enjoyment and fellowship to complete our worship. The Traidcraft stall managed by Reg and Gill Tomblin was sadly discontinued because th¢ parenl company went bust. The charity group. Cards for Good Causes also Teturncd, and the Art Society held iwo exhibitions. St Johns was again open for the nationally run Heritsge Days in Sept¢mbcT. A successful Craft Fair was held in November in aid of the Defibrillator Fund and we now have a Deflbrillalor instsjled al Sl John'& with gratem thanks to Gemma's Hearts for their provision and support for this. The worship at both churches has ITaditionally been b&8ed on Common Worship• with rob¢d Servers and choir complemented by the singing of a ￿SpOnso￿al psalm and anthems during th¢ E￿harISt at St John's. At St Luke's, CDS provided the accompanitnent for hymn singing with Helen Bates a¢companytng the service on keyboard once a month. During the year we were able to dissx)s¢ of the old organ at St Luk¢'s and are very grateful for the gifi of a new keyboard which very much enriches our worship there. At St John's a team manage the sound system to im4)rove audibility. As in previous years, a service of Night Prayer with prayers for wholeness and healing at St Luke's continued with a small but faithful group of attendees. Renjwnbrance Sunday w&$ marked with an Acl of Remembrance at the War Memorial led by the Vicar, supported by a Serving party and choir from St John's. The Easter memorials and celebrations all followed the traditional pattern. Mothering Sunday w&s packed as were both Patronal Festivals. Home communion h&s been administered by the clergy and members of the coDgr¢gation to those unable to attend our churches, and regular services were held at The Maltings Care Home and Si Margaret's House. Ties were mainlained and gro￿1 with the two schools in the Ewish- West Town Primary Academy and The PetertM)rough School and others visited St JOI￿,$ for their c4rol and other serviLYs. We ar¢ growtng lit&s too with the Day Nwsery and there is an active play for toddlers at St Jol￿'s. Our dedicated team of Bellringers ring at St John's most SuThdays calling us to worship and in the cours¢ of the year have Thll￿ seveiai peals and sup￿rted ringing at the cathth￿ and elsethre in the Deanery. 6of18 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLKSKASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH COUNCILS REPOR T FOR THE YEAR ENDED 31 DECEMBER 2023 (conlinued) Roles and Responsibilities of the Council The Council is required to prepare financial statements for each financial year which give a true and fair view of its state of affairs at the end of the year and of its income and expenditure for that period. In preparing these financial statements the council is required to: Select suilable accounting policies and apply them consislently Make judgements and estimates that are re&sonable and prud¢nl Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the church will continue as such. The trustees are responsible for keeping proper accounting records which disclose with Teasonable accuracy at any time the financial position of the church. The trustees are also responsible for safeguarding the &ssels of the church and hence for taking reasonable steps for the prevention and detection of fraud. PCC Chairnian Date.. Ir&+AiZ02 7of18 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH COU]VCILS REPOR T FOR THE YEAR ENDED 31 DECEMBER 2023 (continued) Independent examinerfs report to the trustees of The Parochial Church c￿ncil of The Ecclesiastical Parish of St John the Baptist Peterborough ('the Company,) I report to the charlty trustees on my examination of the accounts of the Company for the year ended 31 December 2023. Responsibllities and basis of report As the charity's trustees of ihe Company land also its directors for the purposes of company law) vou are responslble for the preparatlon of the accounts in accordance with the requirements of the Companies Act 2(K)61'the 2006 Act'l. Havlng satlsfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2￿6 Act and are ellgible lor independent examlnation, I report in respect of my examination of your charlt¢s accounts as carried out under section 145 of the Charitles Act 2011 I'the 2011 Act'l. In carrylng out my examlnation I have followed the Dlrectlons glven by the Charlty Commlsslon under section 145151 (bl of the 2011 Act. Independent examlnerf5 Statement. I have completed my examination. I confirm that no matters have come to my attention In connection wlth the examination glvlng me cause to belleve: I". accountlng records were not kept in respect of rhe Company as required by sectlon 386 of the 2006 Act: or 2, the accounts do not accord with those records. or 3. the accounts do not comply wlth the accountln8 ￿qUIreMentS of section 396 of the 2006 Act other than any requirement that the accounts gwe a 'true and fair view which is not a matter considered as part of an independent examinalion; or 4. the accounts have not been prepared In accordance wlth the methods and princlples ofthe Statement of Recommended Practice for accountin8 and reportin8 by charftles lapplicable to charitles preparin8 their accounts in accordance with the Flnancial Reporting Standard appllcable In Ihe UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other matters In connection with the examlnation to which attentlon should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Name: Michael Horspole Address.. 30 Livemiore Green, WeYrin8ton. Petertx)rough PE4 5DG Date. 26th April 2023 8of18 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST. PETERBOROUGH COUNCILS REPOR T FOR THE YEAR EJVDED 31 DECEMBER 2023 (conlinued) I ACCOUNTING POLICIES Chari information The Peterborough Parish Church (named after St John the Baptist) is the historic Parish Church for Peterborough. Today it is home to a vibrant Church community and is in the Church of England Di(kcese of Pelerborough. 1.1 Acc untin convention These accounts have been prepared in accordance with FRS102 "The Financial Reporting Standard applicable in thc UK and Republic of Ireland" ("FRS 102"). "Accounting and Reportin8 by Charities" Ilie Statement of Recommended Practice for charities applying FRS 102. the Charities Act 2011 and UK Generally Accepted Practice as il applies from l January 2015. The charity is a Public Benefit Entity &s defined by FR8 102. The accounts are prepared in sterling. which is the functional currency of the charity. Monetary amounts in these accounts are rounded to the nearest £. 1.2 Goin concern At the time of approving the accounts. the truslees have a re&80nable expectation that the charity has adequate re8ource.8 to continue in operational existence for the foreseeable future. Thus the trustees continue lo adopt the going concern basi5 of accounting in preparing the accounls. 1.3 Income Planned giving. collections and donations are recognised when received. Tax refunds are recogiiised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable, inlerest is accrued. All other income is recognised when it is receivable. All income is accounted for gross. &$ long it is capable of financial measurement. 1.4 Resources ex ended Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The dtocesan parish share is accounted for when due. Ainounts recetved specifically for mission are dealt with as restricled fimds. All other expenditure is generally r¢cognised when il is incurred and is accounted for gr05S. l.S Cash and cash e uiv&lenls Cash and cash equivalents include cash in hand and deposits held at call with banks. 1.6 Financial instrnments The charity has elected to apply the provision of Section I I 'B&8ic Financial Instwments, and Section 12 '0ther Financial Instruments, of FRS 102 to all of its financial instwments. 9of18 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH COUNCILS REPOR T FOR THE YEAR ENDED 31 DECEMBER 2023 (conlinued) Financial instruments are recognised in the charity's balance sheet when the charity becomes paty to a contractual provision of the instrument. I ACCOUNTING POLICJF,S (continued) 1.7 Fixed assets Consecralcd and benefice property is not included in the accounts in accordance with section l 0(2)(a) of the Charities Act 2011. Movable church furnishings held by the vicar and churchwardens on special trust for PCC and which require a faculty for disposal are inali¢nable property. Iisied in the church's inventory. which can be insp¢cted (at any reasonable lime). For anything acquired prior lo 2000 there is insufficient cost Infom￿tiOn available and therefore such assets are not valued in the financial slalements. Subsequently no individual item has cost more than No cost infom]ation is available for the church hall so it is included at a deemed cost being its 2012 valuation. Th¢ property is not depreciated due to the high value placed on the building, the longevity of its existence, which in turn suggests the longevity of ils future existence. Equipment used within the church premises is depreciated on a straight-line basis over four years. 1.8 Fundy Restricted funds represent (a) income from trusts or endowmenls which may be expended only on those restricted objects provided in the ternis of the Irusl or bequest. and (b) donations or grant5 received for a specific object or invited by the PCC for a specific object. The funds may only be expended on ihe specific object for which they were given. Any balance remaining unspent al the end of each year must be carricd forward as a balance on that fund. The PCC does not usually invesl separalely for each fund. Where there is no separate investment, interes1 is apporiioned to individual funds on an average balance basis. Designated funds are funds set aside by the PCC for a specific purpose. Unrestricted funds are general funds which can be used for PCC ordinary purposes. Endowment funds are tunds held tor the long-tenn investment. 1.9 Critical accountin estimates and ud ements In the application of the charity's accounting policies. the trustees and required to make judgements, estimates and assumptions about the carrying amounl of assets and liabilities that are not readily apparent from other souwes. The estimates and associated assumptions are based on historical experience and other tactors that are considered lo be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are r¢v1¢W￿ on an ongoing basis. R¢visions lo accounting estimates are recognised in the period in which the estimate is revised where the revision affects only thaf period, or in the period ot'revision and future periods where the revision affects both current and future periods. IOof18 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BIIPTIST, PETERBOROUGH COUIVCJLS REPOR T FOR THE YEAR EIVDED 31 DECEMBER 2023 (conlinued) Unfestricted Deswnated Restrict￿ fndowment Fund Funds Funds Funds Totsl Funds 2023 2022 Ngte5 Intomt From Voluntary Income Activitie5 lor GeneratSn8 Funds Investment Income Church Activtt￿s Other Incomin8 Resources 21al 21bl 53.775 1,136 12.714 22,138 2,165 4A12 57,940 5,948 20,898 22,823 32,204 48,798 6.991 19,045 24.330 33,004 21dl 21el 32,204 Total Income 89,763 7,662 42,389 139.813 132,168 Expendlture On Cost of generatlng voluntary Intomt Fundrai51n8 tradin8'. £OSt o18oods sold and other cost 31al 386 31bl 31cl 31dl 727 727 872 Church Activitles 123.69) 5,208 44.747 173,644 2fy) 141,212 200 Governance Cost5 Total Resources Empended 124.803 5.208 44,747 174,758 142.670 Net In¢omln8 Resour¢es Belor• Other Rtcoinlsed fjalns and Losses 135.0401 1853 12.3581 134,9451 110,5021 Chan¥e In market value olln¥e5tments 22,412 16,29S 38.707 163,3e21 Tr•nshYs Net Movement In Funds 112.6281 2A53 12,3581 16,29S 3,762 173,8041 Balance bought lO￿ard at Isi January 230.698 263.￿￿• 108.160 287.063 888,921 962.725 8alan£e tarried fonvard at 31$1 De¢ember 218.070 265,453 105,802 303.358 892,683 888,911 The notes on pages 13 to 18 form part of these accounts. Ilof 18 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH COUNCILS REPOR T FOR THE YEAR ENDED 31 DECEMBER 2023 (conlinued) 2023 2022 Notes Fixed Assets Tan8ible Investments 220.687 563,984 784,671 221.867 525,277 747,144 Current A$$ets Debtors Cash at Bank and In Hand 5.821 110,798 116.619 6,326 144.396 150,722 Current Llabllltles Creditors.. amounts falling due In one year 8.607 8.607 8.945 8,945 Total Net Assets 892,683 888,921 Parlsh Funds Unrestricted Deslgnated Restricted Endowment Funds io li 218,070 265,453 105.802 303,358 892,683 230,698 263,000 108,160 287,063 888,921 12 13 Approved by the Parochial Church Council on and signed on its behalf by: PCC Chair The notes on pages 13 to 18 form part of these accounts 12of18 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST.JOHN THE BAPTIST. PEfERBOROUGH COLINCILS REPORT FOR THE YEAR ENDED 31 DECEM8ER 20231(otKlfvuedl Fofthe year ended 3151 De(eth 2023 Funds FuThls 11?) Vdthiw hKt¥Y* Planned gi¥ir* st&¥anth'p 6fft￿d Collectrons lopen F4atsl Gfft envdopes Donthand le8*e5 33.736 8.755 7.194 33,TJ6 29,152 8.755 10.C95 4,674 1,543 713 li 3,937 53,775 2,165 S7,940 48,798 21bIA¢tr¢ltJeslorG*￿th¥ Fw¥ls Coffeé mrnirys Sodal event & se￿ Refreshmtnts Tmidcraft 4012 816 320 4379 816 35] 1,150 L136 12 6,991 Oiwdends Interest 11.1 ILIIS 10,218 9,782 8,826 8,184 11714 8,184 20,898 19,045 21dl Chwchattfr Church hireand hall ￿Trt Flowers I1￿u￿rI fe5tWI Fees Interre8nun aiim Tradln8 Incow*.SO￿thr, 6ty)ks, •KI Knitllry 19,e69 15,857 55 2,S26 L422 55 636 1.691 L677 21823 24,3XI 21el Otr*rlncomiyre¥(w I￿￿rInce Clalrhis T￿rfUnd Grant incorne 2,249 32,2CII 31201 30,755 32,2( 31204 33.tl Totsl Imome 7W 42389 139,811 111,168 13of18 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH COUNCILSREPOR T FOR THE YE4R EIVDED 31 DECEMBER 2023 (conlinued) 3 Resour¢es expended Vnre5t¥lcted Deslgnated Re￿rIcted Fund Funds Fund5 Total Funds 2023 2022 31*1 C05t of 8eneratln* voluntary income Contactless Fee5 186 186 386 186 186 386 31bl Fundralslni tr•dln¢: tost ol g¢)ods sold & other wsts Souvenirsnraidcraft Service Refreshments 38 38 689 872 727 727 872 31cl Church actl¥ltles Missionary and tharity givlng Parish share 5.208 S,208 70,174 12.054 1,601 1.650 4,067 70,174 6,752 549 5.158 7,168 792 991 10,156 2,S19 108 4,813 18,991 70,174 6.402 1.601 1.650 5.652 Routlne malntenance Church fabric malnt•nance Qulnquennial work OrBan malntenance Incumbent & Curate expenses Insurance Upkeep of services Chlldren & Vouthwork Admlnlstration Wa8es and salarles OrB3nlst fees for servlees stewardlng and muslc 5ervlces Flowers expenditure Ilncludlng festlvall Oiocesan fee5 Communlty Hub111 Communlty Hub121 Health Hvb Living Sports Depreclatlon 840 1.080 11,418 1.298 270 5.065 18.364 3,060 1,195 464 521 21,897 9,909 5,497 900 1.180 188 11.418 1.298 270 5.065 18.364 3.060 1.195 464 521 892 986 1,499 I,sos 3.804 21,897 9.909 5,497 900 1.180 1.180 123.690 5.208 44.747 173,644 141,212 The F*arish share for 2024 is £72,279 3{d) Gov•rnanc• costs Independent examiners fees Accountancy feés 100 i(x) loo loo loo loo 200 200 200 Total Resources expended 124.803 5.208 44.747 174.758 142.670 4 Wages and 5alarles DurinB the year the PCC efflployed a number of people. The total cost of these appolntments was E18,364 12022 £18.9911. including employers. national Insurance cofitributions. The average number of employees on the payroll during the year was 2 {2022- 3} No employees have beÈn paid rnore than £60.OW per annum durin8 2023 or 2022 14of18 THE PAROCHIAL CHURCH COUNCKL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH COUNCILS REPOR T FOR THE YEAR ENDED 31 DECEMBER 2023 (conlinued) 5 Fixed Assets Property Equlpment Total Tanglble Cost or valuation.. At l January 2023 Additions 220.000 12.029 232,029 At 31 December 2023 220.000 12,029 232,029 Depreciation: At 1st January 2023 Charge for the year 10,162 1,180 10.162 1.180 At 31 December 2023 11,342 11,342 Net book value At l January 2023 At 31 December 2023 220,000 220,000 1,867 687 221.867 220,687 The property comprises ofthe church hall at Mayors Walk, Peterborough A valuation ofthe property was undertaken byjoliffe Daking, Chartered Surveyors, on 6 December 2012 6 Investments 2023 2022 Bought forward Sale of Investments (for payment of Parish Share) Change In market value during the year 525,277 588,579 38.707 563.984 163,3021 525.277 The investments are administered by Peterborou8h Diocesan Board of Finance on behalf ofthe Church and held with CCLA and M & G Equities. 7 Debtor5 Unrestricted Designated Restricted Fund Fund5 Funds Total Funds 2023 2022 Tax recoverable on stewardship Accrued income Prepayments and accrued interest Other Debtors 2.481 2.843 163 335 2.481 2.843 163 335 3,811 2,516 5,821 5,821 6,326 15of18 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH COUNCILSREPOR TFOR THE YE4R EIVDED 31 DECEMBER 2023 (conlinued) 8 Cash at bank and in hand Unrestrirted Designated Restricted Fund Funds Funds Total Funds 2023 2022 CCL4 Investment accounts.. CBF St John's Burial fund investment account Deposit Account (Sale of Holdich Street) St John5 Fabric fund St Lukes Fabric fund Barclays current account Virgin savings account Cash in hand 13.279 13,279 6,901 32,076 31,080 562 545 9,632 9,333 53,664 63,668 32,046 823 32.076 562 9.632 94,658 {53,687) 12,693 126 1,459 1,585 (40,281) 44,769 106,311 110,798 144,396 9 Credltors- afflounts falllng due withln one year Unrestrlrted Desl8nated Restrfrted Fund Funds Funds Totsl Funds 2023 2022 Accruals for utilitie5 and other costs 8.607 8,607 8,945 8,607 8,607 8,945 10 Unreslrlcted funds Balance as at 1.1.23 Incomln8 Resources Resources Expended Transfers Balance as at 31.12.23 General Account CBF St John's Burial Fund Interest Account St John'5 Fund for the Ecclesiastical Purposes of the parish 114,4171 6,901 83,385 6,378 124,803 55,835 113,2791 238,214 230.698 22,412 112,175 142,5561 218,070 218,070 124.803 The CBF 51 John's Burial Fund Interest Account unrestricted fund, is money held separately from the main ccount, but can be used for any purpose. 16of18 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST. PETERBOROUGH COUNCILS REPOR T FOR THE YEAR EJVDED 31 DECEMBER 2623 (eon¢inued) 11 Desi8nated funds alance as at 1.1.23 Incomlng Resources TransfeTS Balance a5 Resources Expended t 31.12.23 Holdlch Street sale Church hall Dtlapidation settlement Coffee shop Mlsslon Fund Craft Falr for Deflbrillator 37.025 220.(K)O 37,025 220,000 4.000 1,941 1,803 685 1.129 846 4.812 2,165 1,208 263,000 7,662 5.208 265,453 The Holdleh Street Sale fund relates to proceeds from the sale of a property on Holdich Street as well as the sale5 of treasury stock, which have been deslBnated for the purpose of the fabric of the church. The PCC decSded to use Holdlch Street deslgnaled funds to malntaln a mlnlmurn reser¥e of urbrestrlcted funds to cover annual wages. The Church hall fund Is the desl8nat*d funds represented by the Investment in the church hall and dllapldatlon s•ttlement. The coffee shop Ss the de51Bnated funds from IncomlnB donatlons and sales less any charltable donations made as a result of the fundralslng aCt￿tt¥. 12 R•strlct•d Funds IncomlnK R•source% Tr•n5f•rs Balance as Resour£es Expended at 31.12.23 at 1.1.23 St John's Fabrlc fund & LPOW Grant St Luke's Fabrlc fund Income from G Wyman Fund Income from Relchmann 8eque5t Fund The St John's fund for the Eccleslastical purposes of the parlsh Ineome fiorn Murlel Ellzabeth Snowdon fund Communlty Hub111 Communlty Hub121 Health Hub Llvln8 sport 589 10.707 581 2.844 2.S89 10.707 681 2,912 550 510 450 442 66.685 559 26.196 7.124 73.809 559 909 11.3S8 1.663 615 25,287 11.331 6.337 900 22.689 1.515 108.160 42.389 44.747 105,802 The St John's fabric fund represents fvnds held for the purpose of the fabric ot St John's Church The St Lukè's fabric lund reprèsents funds held for the purpose of the fabr1¢ of elther 5t Luke's Church or St John's Church. Income from Relchman Bequest represents income from the endowment fund in respect of the 35515tant curate fund. A5 descrlbed In noted 13. the'lncome from the Sunday School malntenance fund. has been redeslgnated as Yhe St John's fund- for the Ecclesiastical purposes of the parish,. This fund represent5 the inrome fvorn the related endowment fund whlth may be applie(I for the Eccleslaslical purposes of the parish. The Community and Health Hubs and the Living Sport project have been set up with grants from Peterborough City Council to prowde food. warmth and She￿er for anyone 5trugglin8 With the c05t of Ilving ¢rssis. 17of18 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH COUNCJLS REPOR T FOR THE YEAR ENDED 31 DECEMBER 2023 (coniinued) 13 £ndowmentfund5 Balan￿ as sa￿ of Changes in at LL23 Treaswy Sto¢k ma￿tt Value Balance a5 at 3L12.23 Trnnsler Reichmann Bequest Burial ground fund 17,[ 269.997 18,672 284,686 14,689 287.C63 16,295 303,358 The Reichmann Bequest represents an investment from a bequest irt the will ol MrsA E ReKhmann in 1934, from which the Income is to be paid as an augmentstion to the Assistsnt Curole5 lund. The 8urial Ground fund represents lunds received from the Peterborwh Development Corporation follo￿n8 the compulsory purchase of the old burfal ground.The fvnds can be used forany purFthe. 14 Anal¥515 of netassels between funds Unrestrlrted Oesinated FuThJ Funds Restiirt•d Endowment Total Funds Funds 1023 Notes Fund balance5 at 31 Oecernber 2023 represenied bv.. Flxed Assets Current Assets: Debtors 8afik Current Llabilltles 260,626 220,C 303,358 784,671 5,821 139,7701 18,607) 5,821 110.798 18,6071 45,455 105.115 218,070 265,4S3 105,802 303,358 892,683 15 Related prtytransactlons The thur¢h Is one of 7 lepl members of ChurchesTo8dher In Central PeterbortyJ8h. a sepante tharity. The thurch recehved rentsl income from Sl John the Baptist IPeterbofoughl De¥elopmwtC.I.C. in respect ol events held In the church. There are directws and rnembers common to both or8anisatl￿s. The George Wyman bequest to the curate fund. Thechurch wardens are the tru51ees with interest received being paid lo the church. Durlng the year É5501£2022.. ￿8) wo5 re￿￿￿. 18of18