Parish Church of St Peter South Weald
Annual Report and Financial Statements of the Parochial Church Council
for the year ended 31st December 2023
Registered charity no. 1127815
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The Vicarage Wigley Bush Lane South Weald Essex CM14 5QP
Bank:
CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent. ME19 4JQ
Independent Examiner: Sally Laycock ACA
St Peter's Church, South Weald
Annual Report 2023
Contents
Page
Annual Report
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||||||||
|---|---|---|---|---|---|---|
|Annual|Report|1|
|Statement|of|Financial|Activities|3|
|Balance|Sheet|4|
|Notes|to|the|Financial|Statements|
|1|Accounting|policies|5|
|2|Income|and|endowments|26|
|3|Expenditure|7|
|4|Staff costs|7|
|5|Fixed|assets|for use|by|the PCC|8|
|6|Fund|details|8|
|7|Analysis|of net|assets|by fund|9|
|8|Movement|in|unrestricted|funds|9|
|9|Movement|in|restricted|funds|9|
|10|Debtors|10|
|11|Creditors|10|
|12|Write-back|of parish|share|10|
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Independent Examiner's Report
11
Appendix
Information in this section is for reference only and does not form part of the independently examined annual report. All information in the Appendix is shown on an accruals basis unless otherwise stated.
Unrestricted fund estimates for coming year A1 Friends of St Peter's account A‘ Patronal Festival account A2
St Peter’s Church, South Weald
Annual Report of the Parochial Church Council for the Year Ended 31 December 2023
Administrative information: St Peter’s Church is situated in Weald Road, South Weald, Brentwood. It is part of the Diocese of Chelmsford within the Church of England. The correspondence address is The Vicarage, Wigley Bush Lane, South Weald, Brentwood CM14 5QP. The Parochial Church Council (PCC) is a charity registered with the Charity Commission. PCC members who have served from 1 January 2023 until the date this report was approved are:
Ex Officio Members The Revd Jane Bradbury Vicar — to July 2023 Michael Bitschiné Deanery Synod Will Russell Churchwarden Kerry Oldfield . Aileen Tyler i Sheila Hornsby ‘ to APCM 23 Chris Luck Diocesan Synod Co-opted: Gill Bitschiné Elected Members: Morag Bennett to APCM 23 Andrew Hill Andrew Binnell “ Katherine Hill Adrian Clark “ Felicia Onyechere Alan Dawson Erica Taylor-Staley Lesley Newell . Simon Tyler Nigel Bennett Celia Burrell from APCM 2023 Louise Bowyer Chrissy Gelderbloem . Michael Brisley Neil Homsby “ Ruth Carter Adrian Latchu : Daniel Grist Loretta Chalkley . to Nov 23
Structure, governance and management: Members of the PCC are either ex-officio, co-opted or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. PCC members are responsible for making decisions on all matters of general concern and importance to the parish. Given its wide responsibilities, the PCC has a number of committees, each dealing with a particular aspect of parish life. These committees, which look at worship, education, outreach, pastoral, environmental, finance and premises, are all responsible to the PCC and report back regularly with minutes of their meetings being received by the PCC members and discussed as necessary. The full PCC met six times during the year in the Belli Centre with an average attendance of 67%.
Objectives and activities: The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community. The PCC maintains an overview of worship and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament.
When planning our activities for the year, the incumbent and the PCC have considered the’ Charity Commission’s guidance on public benefit and the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through:
-
worship, prayer, learning about the faith and mutual support in their Christian journeys;
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- support of our church voluntary-aided primary school; - provision of pastoral care for people living in the parish; - missionary and outreach work.
Achievements and performance:
Rev Jane Bradbury retired as the Vicar of St Peter’s and Priest in Charge for St George, in July 2023. A prevacancy meeting was held with St George’s PCC, the Area Dean, Rev Andy Smith and the Archdeacon of Southend, Rev Mike Powers. An Interregnum Working Group was set up to organise services, production of the Parish Profile, contacts for baptisms, weddings and funerals and general running of the church.
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Worship: It was reported at the April APCM that there were 216 people on the electoral roll of which 132 lived outside the parish (61%). We continue to have no recessional hymn at our Communion service, although both bread and the Common Cup are offered at Communion, which is still given on the Chancel steps rather than the altar rail. During the Interregnum, the pattern of services has changed as there are fewer clergy available to cover our Communion Services. This lack of clergy has also resulted in some services being cancelled and our Christmas services being reduced in number, although we try to keep cancellations to the minimum with lay-led Service of Word services. Material from the Inclusive Church was used for the Lent course on issues of disability, gender, poverty, mental health and ethnicity.
Pastoral: The June Patronal Festival weekend, with the theme Our Environment— Our Planet - Our Future - play your part to make it better, was very popular. £15,070 was raised to be shared equally between the church and school funds. Other events taking place during the year included the Easter Meal, Autumn Fair, Harvest Lunch and Supper Quiz. Unfortunately, the Christmas Tree Festival had to be cancelled at the last minute.
St Peter’s Church Facebook continued to be used extensively to update people on what was happening, together with the parish website. The charities supported in 2023 were the Trussel Trust (Brentwood Food Bank), the Woodland Trust and Christians Against Poverty. There is an ongoing collection of food for the Brentwood Food Bank.
Environment: We continue to support the environment by using environmentally friendly products, recycling and reusing wherever possible and encouraging wildlife into our churchyard, including having a regularly filled bird feeder in the churchyard. We also provide collection boxes at the back of church for congregation members to put old pens, toothpaste tubes, toothbrushes etc. The congregation are given weekly eco-tips and informed about Climate Coalition's Show the Love campaign.
Fabric: To facilitate our work in the parish, it is important that we maintain the fabric of the Church of St Peter with various repairs to the church’s fabric and ongoing maintenance of the Belli Centre being undertaken. The church's oil-fired boiler was replaced with a gas boiler, the cost of which was part funded by the Friends of St Peter's.
Heavy rainfall continued to periodically seep through the roof and, after a survey it was recommended that the roof be replaced. We commissioned our architect to produce drawings and specifications for the works and have subsequently tendered the works to enable the faculty process to begin. A major fund-raising exercise will be needed to pay for the roof replacement.
We have worked with our church architect to design a replacement entrance to the carpark, dealing with the existing entrance wall that needs replacing and improving the vehicle and pedestrian entrance. The scheme will also look to improve the carpark layout and pedestrian access into the church. Works will proceed once the necessary permissions have been granted.
The Verger’s Cottage has been let but has continued to require significant upkeep including repairs to the roof, internal finishes and general maintenance to various other aspects. It has been agreed that the property should be sold with the proceeds used to fund capital projects and to also be invested to provide a regular income.
Safeguarding The PCC has adopted the House of Bishops Safeguarding Policy Statement and is working to implement the supporting policies and practice guidance.
Financial Review
Total receipts on the general fund were £150,451 and are detailed in the financial statements (see note 8). £149,939 was spend to provide the Christian ministry from St Peter's Church, including the contribution to the diocesan parish share, which largely provides the stipends and housing for the clergy.
The net result for the year was an excess of income over expenditure of £512 and adding the balance brought forward at the beginning of the year, the balance carried forward at 31 December for the general fund was £46,770.
It is PCC policy to maintain a balance on unrestricted funds (if possible), which equates to approximately four months’ unrestricted payments, to cover emergency situations that may arise from time to time.
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Approved (ZA, 4 Cer LEN . Lew,
and by the PCC on 19" March 2024 As id ahs
signed on its behalf by the Churchwardens ta/ ° 420 24-
WECM SyS UL 2.
64/B(CY
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Parish Church of St Peter, South Weald
Annual Report 2023
:
Statement of Financial Activities
For the year ended 31 December 2023
| Unres- | Res- | Endow- | TOTAL | FUNDS | FUNDS | |||
|---|---|---|---|---|---|---|---|---|
| tricted | tricted | ment | ||||||
| Note | Funds | Funds | Funds | 2023 | 2022 | |||
| £ | £ | £ | £ | £ | ||||
| INCOME AND ENDOWMENTS | ||||||||
| Donations and Legacies | 2(a) | 115,270 | 1,239 | 0 | 116,509 | 109,750 | ||
| Other trading activities | 2(b) | 23,546 | 13,371 | 0 | 36,917 | 39,199 | ||
| Income from Church activities | 2(c) | 7,592 | 450 | 0 | 8,042 | 9,740 | ||
| Income from investments | 2(d) | 6,435 | 0 | 0 | 6,435 | 8,614 | ||
| TOTAL INCOMEAND ENDOWMENTS | 152,843 | 15,060 | 0 | 167,903 | 167,303 | |||
| EXPENDITURE | ||||||||
| Expenditure on Raising funds | 3(a) | 5,568 | 5,389 | 0 | 10,957 | 11,331 | ||
| Expenditure on Church activities | 3(b) | 146,452 | 8,010 | 0 | 154,462 | 119,120 | ||
| TOTAL EXPENDITURE | 152,020 | 13,399 | 0 | 165,419 | - | 130,451 | ||
| NET INCOME/(EXPENDITURE) | 823 | 1,661 | 0 | 2,484 | 36,852 | |||
| BEFORE INVESTMENT GAINS | ||||||||
| NETGAINS(LOSS)ON INVESTMENTS | 0 | 885 | 1,971 | 2,856 | (3,413) | |||
| ; | ||||||||
| NET INCOME/(EXPENDITURE) | 823 | 2,546 | 1,971 | 5,340 | 33,439 | |||
| WRITE-BACKOF PARISH SHARE | 12 | 0 | 0 | 0 | 0 | 39,809 | ||
| NETMOVEMENT IN FUNDS | 823 | 2,546 | 1,971 | 5,340 | 73,248 | |||
| BALANCES BROUGHT FORWARD | ||||||||
| AT 1 JANUARY 2023 | 89,700 | 442,030 | 21,922 | 553,652 | 480,404 | |||
| BALANCES CARRIED FORWARD | ||||||||
| AT31DECEMBER2023 | 90,523 | 444,576 | 23,893 | 558,992 | 553,652 |
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Parish Church of St Peter, South Weald
Annual Report 2023
Balance Sheet
| At 31 December 2023 | |||
|---|---|---|---|
| Note | 2023 | 2022 | |
| £ | £ | ||
| FIXED ASSETS | |||
| Tangible fixed assets | 5(a) | 400,000 | 400,000 |
| Investment assets | 5(b) | 31,819 | 28,963 |
| 431,819 | 428,963 | ||
| CURRENT ASSETS | |||
| Debtors | 10 | 6,687 | 4,046 |
| Cash at bank and in hand | 120,806 | 121,994 | |
| 127,493 | 126,040 | ||
| CREDITORS | |||
| AMOUNTS FALLING DUE WITHIN ONE YEAR | 11 | 320 | 1,350 |
| NETCURRENT ASSETS | 127,173 | 124,690 | |
| NETASSETS | 958,992 | 553,652 | |
| FUNDS | 6 | ||
| Unrestricted | 90,523 | 89,700 | |
| Restricted | 444,576 | 442,030 | |
| Endowment | 23,893 | 21,922 | |
| 558,992 | 553,652 |
Approved by the Parochial Church Council on NA Meme XQ 22 4 and signed on its behalf by
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Annual Report 2023
Parish Church of St Peter, South Weald Notes to the Financial Statements For the year ended 31 December 2023
1 ACCOUNTING POLICIES
The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have been prepared under the Ch accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulatior provisions, they have been prepared under FRS102 (2016) as the applicable accounting standards and the 2016 version of th Recommended Practice, Accounting and Reporting by Charities (SORP (FRS102)).
FUNDS
The general funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are application on the general purposes of the PCC, Funds designated for a particular purpose by the PCC are also unr accounts include all transactions, assets and liabilities for which the PCC is responsible In law. They do not include - church groups that owe their main affiliation to another body or those that are informal gatherings of church membe1
CURRENCY PRESENTATION
The financial statements are prepared in £-sterling, which is the PCC’s currency of the jurisdiction of its administrati
INCOME AND ENDOWMENTS Voluntary income and capital sources
Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is re when received. Income tax recoverable on Gift Aid donations Is recognised when income is recognised. Grants and PCC are accounted for as soon as the PCC is notified of its Jegal entitlement, the amount due is quantifiable and Its the PCC is reasonably certain. The PCC's share of the net funds raised-by the Patronal Festival has been included statements.
Other income
Rental income from the letting of church premises is recognised on an accruals basis.
income from investments
Dividends are accounted for when due and payabie. Interest entitlements are accounted for as they accrue.
Gains and losses on investments
Realised gains or lasses are recognised when investments are sold. Unrealised gains or losses are accounted for on re Invesiments at 31 December each year.
EXPENSES
Grants
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation to
Activities directly relating to the work of the Church
The diocesan parish share is accounted for when paid. Any parish share unpaid at 31st December would be provided fi accounts as an operational (though not legal) liability and would be shown as a creditor in the balance sheet after dedu: this liability that is deemed to be no longer payable by the PCC.
FIXED ASSETS
Consecrated property and movable church furnishings
Consecrated and beneficed property of any kind is excluded from the accounts by s10(2}{a} and (c) of the Charities Act church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for di accounted as inalienable property unless consecrated. They are listed in the church's Inventory which can be inspectec reasonable time). For inalienable property acquired prior to 2000 there is insufficient cost information available and ther assets are not valued in the accounts. Items acquired since 1 January 2000 are capitalised and depreciated in the accc anticipated useful economic lives on a straight-line basis. All expenditure incurred in the year on consecrated or benefic capital items under £1,000 or on the repair or replacement of movable church furnishings is written off.
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Parish Church of St Peter, South Weald
:
Annual Report 2023
;
Notes to the Financial Statements (continued)
For the year ended 31 December 2023
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
|2|INCOME|AND|ENDOWMENTS|
|Unres-|Res-|TOTAL|FUNDS|
|tricted|tricted|
|Funds|Funds|_2023|—2022—|
|£|£|£|£|
|2(a)|Donations|and|Legacies|
|Planned|giving|69,931|0|69,931|78,085|
|Tax|recoverable|upon|planned|giving|16,321|0|16,321|16,060|
|Other|giving,|including|payroll|giving|9,774|0|9,774|2,201|
|Collections|at|services|8,168|0|8,168|4,215|
|Donations|6,761|990|7,751|7,469|
|Tax|recoverable|other|than|upon|planned|giving|4,315|249|4,564|1,720|
|Legacies|0|0|0|0|
|115,270|1,239|116,509|109,750|
|2(b)|Other trading|activities|
|Patronal|Festival|weekend|12,391|12,392|24,783|26,574|
|Autumn|Fayre|600|0|600|1,124|
|Friends|of|St|Peter's|0|979|979|1,222|
|Belli|Centre|lets|9,888|0|9,888|8,747|
|Other|fundraising|667|0|667|1,532|
|23,546|13,371|36,917|39,199|
|2(c)|Income|from|church|activities|
|PCC|Statutory|Fees|3,825|0|3,825|4,976|
|Fees|for|heating,|video|and|surplus|other|fees,|etc.|440|450|890|1,552|
|Magazine|0|0|0|0|
|Sales|in|church|of votive|candles,|magazines,|etc.|33|0|33|200|
|Service|refreshments|845|0|845|365|
|Surplus|on|non-fundraising|events|2,449|-|0|2,449|2,647|
|7,592|450|8,042|9,740|
|2(d)|Income|from|investments|
|Dividends|and|interest|1,700|0|1,700|532|
|Verger's|Cottage|rent|4,736|0|4,736|8,082|
|6,435|0|6,435|8,614|
|TOTAL|INCOME AND|ENDOWMENTS|152,843|15,060|_167,903|_167,303|
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Parish Church of St Peter, South Weald
Annual Report 2023
Notes to the Financial Statements (continued)
For the year ended 31 December 2023
| 3 | EXPENDITURE | |||||
|---|---|---|---|---|---|---|
| Unres- | Res- | TOTAL | FUNDS | |||
| : | tricted | tricted | ||||
| Note | Funds | Funds | 2023 | 2022 | ||
| £ | £ | £ | = | |||
| 3(a) | Expenditure on Raising funds | |||||
| Envelopes | 0 | 0 | 0 | 0 | ||
| Patronal Festival | 4,858 | 4,857 | 9,715 | 10,578 | ||
| Other fundraising | 710 | 532 | 1,242 | 753 | ||
| 5,568 | 5,389 | 10,957 | 11,331 | |||
| 3(b)Expenditure | Expenditure on Church activities | |||||
| Diocesan parish share | 1 | 61,530 | 0 | 61,530 | 77,099 | |
| Choir, organ and Director of Music | 5,648 | 0 | 5,648 | 5,038 | ||
| Cost of services | 2,075 | 25 | 2,100 | 916 | ||
| Sunbeams Parent and Toddler Group | 1,604 | 0 | 1,604 | 1,789 | ||
| Mission and training, inc. children's groups | 157 | 450 | 607 | 793 | ||
| Parish events | 298 | 0 | 298 | 321 | ||
| Charitable giving | 1,340 | 0 | 1,340 | 1,000 | ||
| Heating, lighting, insurance, cleaning, water | 18,824 | 0 | 18,824 | 13,071 | ||
| Maintenance and repairs | 2 | 45,740 | 0 | 45,740 | 8,064 | |
| Working expenses of Incumbent | 28 | 0 | 28 | 0 | ||
| Vicarage - alarm, tractor mower, decor etc. | 714 | 0 | 714 | 464 | ||
| Verger's Cottage heating, lighting, insurance | 1,627 | 0 | 1,627 | 336 | ||
| Verger's Cottage repairs and maintenance | 6,100 | 0 | 6,100 | 1,639 | ||
| Administration | 727 | 0 | 727 | 161 | ||
| Magazine costs | 38 | 0 | 38 | 430 | ||
| Patronal Festival - school share ofsurplus | 0 | 7,535 | 7,535 | 7,998 | ||
| 146,452 | 8,010 | 154,462 | 119,119 | |||
| TOTALEXPENDITURE | 152,020 | 13,399 | 165,419 | 130,450 |
1 The parish share for 2023 was £61,530 and this was paid in full.
2 The boiler was replaced in 2023 at a cost of £31,241~
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Parish Church of St Peter, South Weald
Annual Report 2023
Notes to the Financial Statements (continued)
For the year ended 31 December 2023
| 5 | FIXED ASSETS FOR USE BY THE | PCC | Freehold | ||||
|---|---|---|---|---|---|---|---|
| land and | Church | ||||||
| 5(a) Tangible fixed assets | buildings £ |
equipment £ |
Total £ |
2022 £ |
|||
| At 1 January 2023 | 400,000 | 0 | 400,000 | 400,000 | |||
| Revaluation | 0 | 0 | 0 | 0 | |||
| Additions or disposals | 0 | 0 | 0 | 0 | |||
| At 31 December 2023 | 400,000 | 0 | 400,000 | 400,000 | |||
| The market revaluation was last undertaken on the 17th | December2020 by Joe Hayes | at | Balgores Estate | Agents. | |||
| 5(b) Investment fixed assets Market value at 31 December2023 |
Unrestricted Funds |
Restricted Funds |
Endowment Funds |
Total | 2022 | ||
| £ | £ | £ | £ | £ | |||
| BLK Charities UK Bond Fund | 0 | 0 | 947 | 947 | 1,096 | ||
| CDBF Funds | 0 | 7,926 | 22,945 | 30,871 | 27,866 | ||
| 0 | 7,926 | 23,893 | 31,819 | 28,963 | |||
| 6 | FUND DETAILS | Unrestricted/ Designated Funds |
Restricted Funds |
Endowment Funds |
Total | 2022 | |
| £ | £ | £ | £ | £ | |||
| General | 46,770 | 0 | 0 | 46,770 | 46,259 | ||
| Fabric | 38,401 | 5,132 | 10,713 | 54,245 | 53,560 | ||
| For the upkeep of the Church property | |||||||
| Friends ofSt Peter's | 0 | 11,912 | 0 | 11,912 | 10,236 | ||
| For the conservation and | |||||||
| development of the church building | |||||||
| Belli Centre Maintenance | 3,000 | 3,000 | 3,455 | ||||
| Belfry | 0 | 10,941 | 0 | 10,941 | 10,941 | ||
| Residue from 1988 appeal for bell | |||||||
| restoration | ; | ||||||
| Churchyard | 0 | 4,754 | 5,133 | 9,887 | 9,505 | ||
| Forupkeep of church graveyards | |||||||
| Guild ofChange Ringers | 0 | 1,146 | 0 | 1,146 | 1,146 | ||
| Forcosts relating to bells / ringers | |||||||
| Tithe Chancel | 0 | 7,926 | 8,047 | 15,973 | 14,189 | ||
| For repairs to the Chancel | |||||||
| Other | 2,352 | 2,765 | 0 | 5,117 | 4,361 | ||
| Verger's Cottage | 0 | 400,000 | 0 | 400,000 | 400,000 | ||
| 90,523 | 444,576 | 23,893 | 558,992 | 553,652 |
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Parish Church of St Peter, South Weald
Annual Report 2023
Notes to the Financial Statements (continued)
For the year ended 31 December 2023
7 ANALYSIS OF NET ASSETS BY FUND
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Endowment|
|Funds|Funds|Funds|Total|
|£|£|£|£|
|Fixed|Assets|for|Church|use|0|400,000|0|400,000|
|Investment|Fixed|Assets|0|7,926|23,893|31,819|
|Current|Assets|91,115|36,378|0|127,493|
|Current|Liabilities|(594)|274|0|(320)|
|Fund|Balance|90,522|444,577|23,893|558,992|
|8|MOVEMENT|IN|UNRESTRICTED|FUNDS|
|General|Fabric|Other|Total|
|£|£|£|£|
|Incoming|resources|150,451|0|2,392|152,843|
|Resources|expended|(149,939)|0|(2,080)|(152,019)|
|Surplus/(deficit)|for|the|year|512|0|312|824|
|Write-back|parish|share|0|0|0|0|
|Balances|at|1|January|2023|46,259|38,401|5,040|89,700|
|Balances|at|31|December 2023|46,770|38,401|5,352|90,523|
|9|MOVEMENT|IN|RESTRICTED|FUNDS|
|Friends|of|Fabric|Other|
|St|Peter's|fund|Funds|Total|
|£|£|£|£|
|Incoming|resources|2,207|0|12,853|15,060|
|Resources|expended|(531)|0|(12,868)|(13,399)|
|Surplus/(deficit)|for|the|year|1,676|0|(15)|1,661|
|Balances|at|1|January|2023|10,236|-|5,131|26,663|42,030|
|Revaluation|of|investments|0|0|885|885|
|Balances|at|31|December 2023|11,912|5,131|27,533|44,576|
|Fixed|Assets|for|Church|use|400,000|
|Total|restricted|funds|at|31|December|2023|444,576|
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9 MOVEMENT IN RESTRICTED FUNDS
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Parish Church of St Peter, South Weald
Annual Report 2023
Notes to the Financial Statements (continued)
For the year ended 31 December 2023
| 10 | DEBTORS | 2023 | 2022 |
|---|---|---|---|
| £ | £ | ||
| Income tax recoverable | 1,270 | 3,836 | |
| Grants | 5,207 | 0 | |
| Other | 210 | 210 | |
| 6,687 | 4,046 | ||
| 11 | CREDITORS | 2023 | 2022 |
| £ | £ | ||
| AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| Parish Share due current year | 0 | 0 | |
| Parish Share due prioryears | 0 | 0 | |
| Other creditors | 320 | 1,350 | |
| Deferred income | 0 | 0 | |
| 320 | 1,350 |
12 WRITE-BACK OF PARISH SHARE
In 2023 £- relating to the Parish Share owed from previous years was written back (2022 - £39,809).
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io! CHARITY COMMISSION | Independent examiner's report on the FOR ENGLAND AND WALES accounts
Section A
Independent Examiner’s Report
Report to the trustees/ members of Parish Church of St Peter South Weald On accounts for the year | 31S’ December 2023 Charity no | 1127815 ended (if any) | report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31st December 2023. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). | report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 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 |! have completed my examination. | confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect: e the accounting records were not kept in accordance with section 130 of the Charities Act; or e the accounts did not accord with the accounting records; or e the accounts did 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.
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Name: | Sally Laycock
Relevant professional | Institute of Chartered Accountants in England and Wales - 9295793
qualification(s) or body
(if any):
Address: | 1 South Weald Rd
Brentwood, Essex
CM14 4QZ
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Parish Church of St Peter, South Weald Appendix
:
Unrestricted fund estimates for coming year
| Estimated | Actual | ||
|---|---|---|---|
| 2024 | 2023 | ||
| Unrestricted | Unrestricted | ||
| Note | Funds | Funds | |
| £ | £ | ||
| INCOME AND ENDOWMENTS | |||
| Donations and Legacies | 2(a) | 117,000 | 115,270 |
| Other trading activities | 2(b) | 24,000 | 23,546 |
| Income from Church activities | 2(c) | 8,000 | 7,592 |
| Income from investments | 2(d) | 6,500 | 6,435 |
| TOTAL INCOME AND ENDOWMENTS | 155,500 | 152,843 | |
| EXPENDITURE | |||
| Expenditure on Raising funds | 3(a) | 6,000 | 5,568 |
| Expenditure on Church activities | 3(b) | 135,000 | 146,452 |
| TOTAL EXPENDITURE | 141,000 | 152,020 | |
| NET INCOME/(EXPENDITURE) | 14,500 | 823 | |
| NET GAINS ON INVESTMENTS | 0 | 0 | |
| NET MOVEMENT IN FUNDS | 14,500 | 823 | |
| Friends of St Peter's Account | |||
| INCOME | 2023 | 2022 | |
| Subscriptions | 980 | 1,090 | |
| Events | 949 | 1,222 | |
| Income tax recoverable | 249 | 273 | |
| Other | toe ne | Leeee | |
| 2,207 | 2,619 | ||
| EXPENDITURE | |||
| Events | 531 | 679 | |
| 531 | 679 | ||
| SURPLUS OF INCOME OVER EXPENDITURE | 1,676 | 1,940 | |
| Total reserves at 1 January | 10,236 | 8,296 | |
| TOTAL RESERVES AT 31 DECEMBER | 11,912 | 10,236 | |
| comprising | |||
| Cash balance at 31 December | 11,664 | 9,671 | |
| AmountdueinGiftAid | 248 | 565 |
Barry Knight, Treasurer
This page is for reference only and does not form part of the independently examined PCC annual report =A =
Parish Church of St Peter, South Weald Appendix
Patronal Festival Account
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | ||||
| INCOME | |||||||
| Pre/postweekend | Concert Golf |
601 7,997 |
798 7,265 |
||||
| Friday | Art preview evening | 156 | 32 | ||||
| Saturday - Fete | Sideshows and stalls | 2,963 | 4,256 | ||||
| Refreshments | 1,815 | 1,680 | |||||
| Entrance | 416 | 398 | |||||
| Fun run | 2,614 | 1,759 | |||||
| Sunday | Stall atchurch | 205 | 116 | ||||
| Whole weekend | Refreshments church | 378 | 464 | ||||
| Art exhibition | 223 | 503 | |||||
| Barbecue atThe Bull | 300 | 300 | |||||
| Church flowers | 1,859 | 1,560 | |||||
| Church plate | 441 | 409 | |||||
| Donations | 2,720 | 5,400 | |||||
| Mega raffle | 508 | 595 | |||||
| Ploughman's lunches | 772 | 444 | |||||
| Tower | 78 | 116 | |||||
| Gift Aid | 239 | 229 | |||||
| Matched funding | 500 | 250 | |||||
| 24,785 | 26,574 | ||||||
| EXPENDITURE | |||||||
| Preweekend | Concert | 232 | 326 | ||||
| Golf | 5,846 | 5,758 | |||||
| Friday | Art preview evening | 32 | 39 | ||||
| Saturday - Fete | Sideshows and stalls | 134 | 1,167 | ||||
| Refreshments | 808 | 890 | |||||
| Sunday | Fun run | 1,206 | 803 | ||||
| Refreshments church | 18 | 20 | |||||
| Whole weekend | Art exhibition | 0 | 115 | ||||
| Church flowers | 1,254 | 1,073 | |||||
| Ploughman's lunches | 130 | 169 | |||||
| General expenses | Sf. | 218 | |||||
| 9,715 | 10,578 | ||||||
| 15,070 | 15,996 | ||||||
| SURPLUS OF INCOME OVER EXPENDITURE | |||||||
| ALLOCATION OF SURPLUS | |||||||
| St Peter's Church | 7,535 | 7,998 | |||||
| St Peter's School Association | 3,767 | 3,999 | |||||
| St Peter's School | 3,767 | 3,999 | |||||
| 15,070 | 15,996 |
Katherine Ball, Treasurer
This page is for reference only and does not form part of the independently examined PCC annual report -A2-