# **Great Baddow Team Ministry Diocese of Chelmsford** # **Parish of Great Baddow, St. Mary the Virgin** # **Annual Report & Financial Statements of the Parochial Church Council** ## **for the year ended 31 December 2022** **Team Rector** : **Banker** : Revd. Canon Tim Ball The Co-operative Bank 62 Longmead Avenue PO Box 250 Great Baddow CM2 7EY Skelmersdale, WN8 6WT **Team Vicar: Insurer:** Revd. Philip Sheldrake Ecclesiastical Ins. Group 124 Beehive Lane Brunswick Road, Great Baddow CM2 9SH Gloucester GL1 1JZ **Team Vicar: Legal Advisor:** Revd Andrew Greaves-Brown Winckworth Sherwood 17 Ashton Place 5 Montagu Close Chelmer Village, Chelmsford CM2 6ST Southwark SE1 9BB **Team Curate: Architect:** Revd. Funmilayo Vaughan Inkpen Downie Architecture & Design Ltd The Rectory 2 Balkerne House, Balkerne Passage, 12 Church Street Colchester, CO1 1PA Great Baddow CM2 7HZ **Associate Minister: Independent Examiner:** Revd. Canon Dr Roger Matthews Edmund Carr LLP 42 Riffhams Drive 146 New London Road Great Baddow CM2 7DD Chelmsford Edmund Carr LLP 146 New London Road Chelmsford CM2 0AW **Address:** Church Office, Church Path, High Street, Great Baddow CM2 7HN. Tel: 01245 477501 Email: stmaryschurchoffice@gmail.com **Registered Charity:** No. 1127835 ## **Annual Report of the Parochial Church Council of the Parish of Great Baddow, St. Mary the Virgin.** The Parochial Church Council (PCC) present their report together with the financial statements for the year ended 31 December 2022. These have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014. ## **Structure, Governance and Management** The current Great Baddow Team Ministry is formed from the Pastoral Scheme made effective from the 1st January 1988, made under the Pastoral Measure 1983, and the Pastoral Scheme made effective the 1[st] January 2016 under the Mission and Pastoral Measure 2011. The new scheme comprises three parishes, Great Baddow, St. Mary the Virgin, Great Baddow, St. Paul’s, and Great Baddow, Meadgate. This report relates to Great Baddow, St. Mary the Virgin. The PCC is appointed as set out in the Church Representation Rules. At St. Mary’s the membership of the PCC consists of the Incumbent (Team Rector), the licensed clergy of the Great Baddow Team Ministry, churchwardens, ex-officio members, Deanery Synod representatives and members elected by those members of the congregation who are on the electoral roll. All those who are members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC. The Churchwardens are elected at the Annual Meeting of Parishioners and most members of the PCC are elected at the Annual Parochial Church Meeting. There are 14 elected lay members of the PCC including 1 Churchwarden (the Church Administrator has also been in attendance) and there are 4 members elected to the Deanery Synod and 2 to Diocesan Synod. The Meeting of Parishioners and Annual Parochial Church Meeting were held on 15[th] May 2022. A further Meeting of Parishioners was held on 31[st] July 2022. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish, including decisions on how the funds of the PCC are to be spent. ## **Aims and Purposes** The PCC has a responsibility to co-operate with the Team Rector and the Team Vicars in promoting within the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. Its primary object is the promotion of the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. In addition to the church building, it has maintenance responsibilities for St Mary’s Church Centre (near The Chase), Bell Street Hall in Bell Street and St Mary’s Office in Church Path. The PCC is registered with the Charity Commission at reference 1127835. ## **Objectives and Activities** The PCC is committed to enabling as many people as possible to worship at St. Mary’s and to become part of the church family. The mission statement for St. Mary’s, agreed in July 2021, that guides the work of the PCC is as follows: _A community worshipping God, following Jesus, sharing his transforming love through the Holy Spirit._ ## VALUES To be a welcoming and worshipping community - Where all are valued, respected and encouraged to be part of the church - Meeting people where they are - Embracing different expressions of church - Extending pastoral and prayerful support Where all are nurtured and encouraged to grow in their faith - Centering around the Bible and prayer - Teaching and discipleship - Journeying together in faith - Encouraging each other to develop and use our gifts - Being missional in our community and wider world - Intentionally sharing God’s transforming love - Engaging with our community - Distinctively caring through practical actions for a fairer world - Supporting and encouraging our mission partners Church services during the year have continued to be held online most Sundays, as well as in church. The members of the PCC (Trustees) confirm that they have had due regard to Charity Commission guidance on public benefit when carrying out their duties during the year. ## **PCC Meetings** The PCC met every other month throughout the year and the Standing Committee of the PCC met in alternate months to the PCC. Richard Cilvert was appointed Churchwarden at an Extra Meeting of Parishioners held on 31[st] July 2022. The Covid 19 Pandemic has continued to affect attendances and income for the Church, although numbers have gradually improved. The PCC task of Promoting the mission of the church and serving the wider community included consideration of the following matters: _Strategic:_ The agreement with other churches in the benefice of an updated Pastoral Scheme that recognises the status of each church in the benefice as equal in regard to appointment of a Rector. The continuation of regular joint children and youth services once a month, and sharing in the delivery of two teaching series during lent and the autumn term on the Eucharist and Creation Care. _Finance:_ Annual reports and accounts for 2022 and budget for 2023; approval of Church Mission Grants 2022, approval of higher expenditure, such as a new website for the church. _Buildings & Maintenance_ : The Church vestry floor is still to be addressed. Some new white goods and a water heater have been purchased for the Church kitchen. Light bulbs in church have been replaced with LED and new shelving fitted behind the organ to help with storage. General Maintenance Days were held in Spring and Autumn. _Policy:_ Safeguarding policy and training; Annual Health and Safety review The PCC also received regular reports and recommendations from the various sub-committees, officers and groups of the committee including: Standing Committee, Maintenance Committee, Playschool Committee, Mission Committee, Finance Committee, Safeguarding, Deanery, Diocesan and General Synod meetings and Health & Safety. Each PCC meeting concludes with a time of sharing ‘Good News’ stories before a time of prayer and during 2022 these included: the encouraging and growing numbers attending Messy Tea, Glitter & Glo and the monthly All-Age services, various Christmas services, especially the Crib Service on 24[th] December. ## **PCC Membership** During the year and at the date of signature the following served on the PCC: |**PiC (Team Rector designate):**|Revd. Canon Timothy Ball|**Chairman**| |---|---|---| |**Team Vicar:**|Revd. Philip Sheldrake|| |**Team Curate:**|Revd. Funmilayo Vaughan|| |**Associate Minister:**|Revd Canon Dr Roger Matthews|| |**Churchwardens:**|Richard Cilvert|**Vice** **Chairman**(until May 2022)| ||Andrew Beales (until 31stAugust|2022)| **Lay representatives on Diocesan Synod:** Andrew Podd Gill Ball ## **Lay representatives on Deanery Synod:** Gill Ball Roy Bartholomew Anna Cann Andrew Podd **Elected Lay members** : John Ansell **Treasurer** (until November 2022) Claire Fuller Tim Bishop Neil McLean (until May 2022) Leila Francis (until May 2022) Cliff Pountney **Vice Chairman** (from May 2022) Wendy Ross **Secretary** (until May 2022) Caroline Saunders Anne Heath Elizabeth Podd **Treasurer** (from November 2022) Fiona Scott (from May 2022) Elaine Fisher (from May 2022) Helen Willis **Secretary** (from May 2022) **In attendance:** Jacqui Pavey (until December 2022) ## **Financial Review** The principles of stewardship and commitment to giving continue to be promoted across the congregations and the levels of giving achieved by church members reflect a degree of sacrificial giving by many individuals. A detailed report of the finances is set out in the annual accounts for 2022. During the year the parish supported the work of the diocese by paying in full its Parish Share of £106,077 out of a Team Ministry total of £205,891 after a 1% discount. St Mary’s Church has benefited from a reduced Parish Share following a consultation. The PCC has adopted a Financial Control Policy and the internal financial controls will be reviewed annually by the Finance and Giving Committee on behalf of the PCC. ## **Reserves Policy** Offerings are normally received in an even flow, such that expenditure can be met as it arises, but due to the impact of recovering from COVID 19 and increased inflationary pressures there was a deficit in 2022 of £19,835 (2021 deficit £9,034) on general unrestricted funds and an overall deficit across all funds of £14,966 (2021 deficit £3,377). This deficit will be met from Reserves. In addition to our regular income above it is the policy of this Church to hold financial reserves the equivalent of three months general running costs, including salaries. It is also our policy to hold an amount for likely building repairs in the near future in a separate Fabric Fund. We may also hold monies at appropriate times for known future expenditure or donations as agreed by the PCC. At 31st December 2022 funds totalled £231,237 of which £56,990 were general unrestricted funds. The PCC held £48,797 (3 months of expenditure) in reserve for general expenditure including the parish share, missionary giving and office salaries. The church has a further £8,193 available for general expenditure with £35,307 held in reserve in the general unrestricted fund (Fabric & Other Funds) to cover repair work to the church buildings and towards possible future development, the funds to be used as agreed by the PCC. The Playschool reserves policy is to retain at least three months expenditure to cover salary costs and the additional funds are held for the cost of future developments (including e.g. new furniture), fluctuations in future numbers and increased staff costs due to minimum wage and pension rule changes. These policies, and the amount held in Reserve, will be reviewed and agreed by the PCC annually. ## **Risk Management** The PCC seeks to ensure that risks are identified and managed through annual review of insurance, health and safety, buildings repair and maintenance, safeguarding and regular reporting to the PCC. The PCC implemented a data protection process to ensure compliance with GDPR requirements. The PCC continue to implement the new National Safeguarding Policy of the Church of England, This report was approved by the Parochial Church Council of Great Baddow, St. Mary at its meeting on 16[th] April 2023 and signed on its behalf by: **The Revd Canon Tim Ball Chairman** ## **Independent Examiner's Report to the Trustees of The Parochial Church Council of the Ecclesiastical Parish of Great Baddow, St Mary The Virgin** I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2022 which comprise the statement of financial activities, the balance sheet and related notes. ## **Responsibilities and basis of report** As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I 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 charity 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. I 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. ……………………… **Colin Barker FCA** Edmund Carr LLP 146 New London Road Chelmsford CM2 0AW ………………….. ## **Great Baddow, St Mary the Virgin PCC** ## **STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2022** |Note
**INCOME from**
Donations and legacies
2a
Fundraising activities
2b
Investments
2c
Church activities
2d
Other
2e
**TOTAL INCOME**
**EXPENDITURE on**
Church activities
3a
Fundraising costs
3b
Support costs
3c
**TOTAL EXPENDITURE**
Net gains on investments
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
13
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**UNRESTRICTED**
**FUNDS**
150,806
4,281
603
24,367
3,413
183,469
198,057
-
1,730
199,787
-
(16,318)
(1,768)
(18,086)
110,383
**92,297**|**RESTRICTED**
**ENDOWMENT**
**FUNDS**
**FUND**
367
-
6,258
-
676
213
148,697
-
-
-
155,998
213
153,377
-
554
-
-
-
153,931
-
-
(928)
2,067
(715)
1,981
(213)
4,048
(928)
127,749
8,071
**131,797**
**7,143**|**TOTAL FUNDS**
**2022**
**2021**
151,173
161,278
10,539
5,206
1,492
282
173,064
151,151
3,413
416
339,680
318,333
351,434
320,565
554
472
1,730
1,680
353,718
322,717
(928)
1,007
(14,966)
(3,377)
-
-
(14,966)
(3,377)
246,203
249,580
**231,237**
**246,203**| |---|---|---|---| ## **Great Baddow, St Mary the Virgin PCC** ## **Balance Sheet at 31 December 2022** |**UNRESTRICTED**
**RESTRICTED**
**ENDOWMENT**
**FUNDS**
**FUNDS**
**FUND**
Note
**FIXED ASSETS**
Tangible fixed assets
4a
6,000
-
-
Investment assets
4b
-
-
7,143
6,000
-
7,143
**CURRENT ASSETS**
Debtors
7
4,129
-
-
Short term deposits
46,455
-
115,537
-
-
Cash at bank / in hand
41,223
37,071
-
-
91,807
152,608
-
**LIABILITIES:**
Creditors falling due within one year
8
(5,510)
(20,811)
-
**NET CURRENT ASSETS**
86,296
131,797
-
**NET ASSETS**
**92,296**
**131,797**
**7,143**
**FUNDS**
Unrestricted
2/10
92,297
-
-
Restricted
2/9
-
131,797
-
Endowment
4b
-
-
7,143
**TOTAL FUNDS**
**92,297**
**131,797**
**7,143**|**TOTAL FUNDS**
**2022**
**2021**
6,000
6,000
7,143
8,071
13,143
14,071
4,129
4,362
161,992
160,780
78,294
73,746
244,415
238,888
(26,321)
(6,756)
218,094
232,132
**231,237**
**246,203**
92,297
110,383
131,797
127,749
7,143
8,071
**231,237**
**246,203**| |---|---| ## **Approved by the Parochial Church Council on 16th April 2023 and signed on its behalf by:** …............................................ **The Revd Canon Tim Ball** Chairman …............................................ **Elizabeth Podd** Treasurer ## 1. **ACCOUNTING POLICIES** The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with the Statement of Recommended Practice applicable to charities preparing their accounts under the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019. They have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. The presentation currency is £ sterling. The PCC meets the definition of a public benefit entity under FRS102. ## **Fixed assets** ## **Church Hall buildings** Both the Church Centre and the Bell Street Hall are valued in the balance sheet at cost. ## **Investments** Investments are valued at their market value at 31st December. ## **Consecrated property and movable church furnishings** Consecrated and benefice property is excluded from the financial statements by s.10(2)(a) of the Charities Act 2011. Movable church furnishings held by the Rector and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted for as inalienable property unless consecrated. They are listed in the church’s’ inventory (which can be inspected at any reasonable time on appointment). For inalienable property acquired prior to 2001 there is insufficient cost information available and therefore such assets are not valued in these accounts. Any items acquired since 1st January 2001 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life (initially over 20 years) on a straight-line basis. All expenditure incurred in the year on consecrated or benefice buildings, any individual items under £2,000 or the cost of repairs to movable church furnishings acquired before 1 January 2001 is written off. ## **Other fixtures, fittings and equipment** Equipment used within the church premises is depreciated on a straight line basis over 4 years. Individual items with a purchase price of £2,000 or less are written off when the asset is acquired. ## **Current assets** Amounts owing to the PCC at 31st December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectible. Short-term deposits include cash held on deposit either with the Central Board of Finance or at the bank. ## **Current liabilities** Creditors are shown at their settlement amount. ## **Funds** **General funds** are those which are not subject to any restrictions regarding their use and are available for the PCC’s general purposes. Funds designated for a particular use by the PCC itself are also unrestricted. **Restricted funds** are those which must be spent on restricted purposes and details of the funds & their restrictions are in Note 9. **Endowment funds** , where the capital must be retained, are set out in Note 4b. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the financial statements of church groups that owe their main affiliation to another body nor those that are informal gatherings of church members. They do not include certain minor funds each amounting to less than £350. ## **Income** ## **Voluntary income and capital sources** Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised when received. Tax recoverable on Gift Aid donations is recognised when the donation is recognised. Grants and legacies are accounted for when the PCC is notified of its legal entitlement, its ultimate receipt is reasonably certain and the amount due is quantifiable. Funds raised by fund raising events are accounted for gross. Sale of books and magazines from the church bookstall are accounted for gross. ## **Rental income from the letting of property** This is recognised when the rental is due. ## **Income from investments** Dividends and interest are accounted for when receivable. ## **Gains and losses on investments** Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investments at 31st December. ## **Expenditure** ## **Grants** Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. ## **Church Activities** The diocesan parish share is accounted for when due. Any amount unpaid at 31st December is provided for in these financial statements as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet. ## **Great Baddow, St Mary the Virgin PCC** |Note
2
**INCOME from**
2a
**Donations and legacies**
Planned giving
Gift aid donations
Gift aid recoverable
Other donations
Open-plate collections
Sundry donations
Grants
Legacies(see Note 14)
2b
**Fundraising activities**
Fund-raising events
Use of church halls - non-church purposes
2c
**Investment income**
Interest and dividends
2d
**Income from church activities**
Use of church & church halls - church purposes
Fees (weddings, funerals etc)
Outreach activities
2e
**Other income**
Sundries
**TOTAL INCOME**
**TOTAL EXPENDITURE**
**Net gains on investments**
**NET INCOME/(EXPENDITURE)**
**TRANSFERS**- provisions for future
- see note 13
- see note 13
- see note 13
- see note 13
**NET MOVEMENT IN FUNDS**
**Funds brought forward**
**Funds carried forward**|**General**
**Fund**
**Fabric**
**Other**
**Fund**
**Funds**
note 10
95,358
-
-
24,853
-
-
16,805
-
-
5,699
87
-
8,004
-
-
-
-
-
-
-
-
150,719
87
-
-
-
-
4,281
-
-
4,281
-
-
154
399
50
6,170
-
-
18,197
-
-
-
-
-
24,367
-
-
3,413
-
-
182,933
486
50
199,787
-
-
-
-
-
(16,854)
486
50
683
-
-
(3,664)
-
-
-
1,000
-
-
213
-
(19,835)
1,699
50
76,825
29,766
3,792
56,990
31,465
3,842
**UNRESTRICTED**
**Designated**|**RESTRICTED FUNDS**
**Play**
**Toddler**
**Coffee**
**Café**
**Mid-**
**Bells**
**Audio**
**Lands**
**school**
**Group**
**Pot**
**Club**
**Africa**
**repair**
**Visual**
**Charity**
**Concern**
**systems**
-
-
-
-
367
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
367
-
-
-
3,357
-
-
-
2,901
-
-
-
-
-
-
-
-
-
-
-
3,357
-
-
-
2,901
-
-
-
628
42
-
-
-
4
2
213
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
145,799
1,530
1,368
-
-
-
-
-
145,799
1,530
1,368
-
-
-
-
-
-
-
-
-
-
-
-
-
149,784
1,572
1,368
-
3,268
4
2
213
146,154
885
1,153
28
5,387
324
-
-
-
-
-
-
-
-
-
(928)
3,630
687
215
(28)
(2,119)
(320)
2
(715)
-
-
-
(683)
-
-
-
-
-
-
-
-
3,664
-
-
-
(1,000)
-
-
-
-
-
-
-
-
-
-
-
-
-
(213)
2,630
687
215
(711)
1,545
(320)
2
(928)
116,469
3,435
1,939
711
4,564
479
152
8,071
119,099
4,122
2,154
-
6,109
159
154
7,143
**ENDOWMENT**|**2022**
95,725
24,853
16,805
5,786
8,004
-
-
151,173
6,258
4,281
10,539
1,492
6,170
18,197
148,697
173,064
3,413
339,680
353,718
(928)
(14,966)
-
-
-
-
(14,966)
246,203
231,237
**TOTAL**|**2021**
107,587
28,012
15,682
3,535
6,162
300
-
161,278
4,306
900
5,206
282
390
16,800
133,961
151,151
416
318,333
322,717
1,007
(3,377)
-
-
-
-
(3,377)
249,580
246,203
**FUNDS**| |---|---|---|---|---| ## **Great Baddow, St Mary the Virgin PCC Notes to the financial statements for the year ended 31 December 2022 (cont'd)** |Note
3
**EXPENDITURE on**
3a
**Church activities**
Missionary & charitable giving:(see Note 11)
Church overseas
- missionary societies
- relief & development agencies
Home missions & other societies
Secular charities
Ministry: Parish Share
Clergy expenses
Rector's Personal Assistant
Church running costs
Church maintenance
Upkeep of services
Church administration
Children's and Youth work
Other Training & Mission
Bookstall
Church Halls' running costs
Outreach Groups
Rectory Maintenance
Wedding and Funeral Expenditure
3b
**Fundraising costs**
Sundry fund-raising
3c
**Support costs**
Independent Examiner's fee
**TOTAL EXPENDITURE**|**UNRESTRICTED**
**General**
**Fund**
**Fabric**
**Other**
**Fund**
**Funds**
(note 10)
5,106
-
-
2,528
-
-
8,497
-
-
169
-
-
16,300
-
-
106,077
-
-
1,272
-
-
4,704
-
-
9,725
-
-
3,907
-
-
3,450
-
-
28,876
-
-
399
-
-
-
-
-
-
-
-
9,237
-
-
-
-
-
-
-
-
14,111
-
-
198,057
-
-
-
-
-
-
-
-
1,730
-
-
1,730
-
-
199,787
-
-
**Designated**|**RESTRICTED FUNDS**
**Mid -**
**Audio**
**Play**
**Toddler**
**Coffee**
**Café**
**Africa**
**Bells**
**Visual**
**school**
**Group**
**Pot**
**Club**
**Concern**
**Repair**
**systems**
-
-
-
-
-
-
-
-
-
-
-
5,387
-
-
-
-
125
-
-
-
-
-
-
-
-
-
-
-
-
-
125
-
5,387
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
324
-
-
-
-
-
-
-
-
-
-
-
-
-
-
140,330
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
5,270
-
800
-
-
-
-
-
885
228
28
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
145,600
885
1,153
28
5,387
324
-
554
-
-
-
-
-
-
554
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
146,154
885
1,153
28
5,387
324
-|**TOTAL FUNDS**
**2022**
**2021**
5,106
4,906
7,915
6,681
8,622
8,601
169
171
21,812
20,359
106,077
114,960
1,272
654
4,704
4,490
9,725
5,461
4,231
786
3,450
4,615
28,876
17,986
140,729
126,844
-
134
-
-
15,307
9,089
1,141
635
-
544
14,111
14,008
351,434
320,565
554
472
554
472
1,730
1,680
1,730
1,680
353,718
322,717| |---|---|---|---| **Notes to the financial statements** **for the year ended 31 December 2022 (cont'd)** ## **Great Baddow, St Mary the Virgin PCC** ## **FIXED ASSETS** Note ## **Freehold land** 4a **Tangible fixed assets & buildings** ## **St Mary's Church** |Cost
At 1. 1. 2022
At 31. 12. 2022
Depreciation
At 1. 1. 2022
At 31. 12. 2022
Net book value
At 31. 12. 2022
At 1. 1. 2022|6,000
This consecrated building is not owned by the PCC so it is not included in these accounts.
Its insurance value (current loss limit) in 2022 was £11,820,000 plus £2,960,000 for the Churc
6,000
-
The following properties are owned and both are used for church purposes:-
**St Mary's Church Centre**
-
Original cost in 1967 £5,500 (Insurance value (Current Loss Limit) £5,910,000)
6,000
**Bell Street Hall**
6,000
Original cost in 1955 £500 (Insurance value (Current Loss Limit) £2,960,000)| |---|---| This consecrated building is not owned by the PCC so it is not included in these accounts. Its insurance value (current loss limit) in 2022 was £11,820,000 plus £2,960,000 for the Church Office. - 4b **Investments - shares** ## **Endowment fund:** The Great Baddow Church Lands Charity funds are invested with the Charities Official Investment Fund. Their market value is £7,143 (2021 £8,070) Whilst the capital must be held as permanent endowment, the annual income can be used for any expenses related to church repairs. |5
**STAFF COSTS**
Wages and salaries
Social security costs
Pension Contributions|**2022**
141,809
1,015
2,042
144,866|**2021**
126,620
2,321
2,168
131,109| |---|---|---| St. Mary's Church employed on a part-time basis an Office Administrator/Rector's Secretary, a Church/Bell Street Hall/Office cleaner and Playschool staff. The average number of employees on a headcount basis in the year was 15.5 (2021: 17) and on a full-time equivalent basis - 4.08 (2021: 4.74 ). ## 6 **PAYMENTS TO TRUSTEES** In addition to clergy expenses paid to Rev Tim Ball (note 3a Clergy expenses) £534 was paid to John Ansell and £36 was paid to Elaine Fisher for funeral & wedding fees as sound desk operator and verger respectively. No other remuneration was paid to the other Trustees by the charity during the year. (2021 - £131) |7
**DEBTORS**
Gift Aid recoverable
Other debtors
8
**CREDITORS - due within 1 Year**
For goods / services
Prepayment of fees|**2022**
2,300
1,829
4,129
3,750
22,571
26,321|**2021**
2,127
2,235
4,362
**(2022: Unrestricted £4,129)**
4,189
2,567
6,756
**(2022: Unrestricted £5,510 and Playschool £20,811 )**| |---|---|---| **Notes to the financial statements for the year ended 31 December 2022 (cont'd)** ## **Great Baddow, St Mary the Virgin PCC** ## Note ## 9 **RESTRICTED FUNDS** The Playschool & Toddler Group cater for young children. ## Coffee Pot is a drop-in centre open to all on Wednesday mornings. Mid-Africa Concern gathers together goods for sending via parcels and containers to East Africa, primarily to schools and hospitals. The Audio/Visual Systems Fund comprises donations to cover repairs and additions to the systems in church. The Bells Repair Fund holds money which the bellringers have set aside for bells maintenance from their wedding fees. ## 10 **UNRESTRICTED FUNDS (Designated by PCC)** (These monies can be transferred to the PCC's general funds at any time should the PCC so desire.) **----- Start of picture text -----**
Ordination & Total
other training
Brought forward 3,792 3,792
Donation - -
Bookstall sales - -
Cost of bookstall sales - -
Donation to Church from sales - -
Interest 50 50
Carried forward 3,842 3,842
**----- End of picture text -----**
## 12 **INDEPENDENT EXAMINER** The accounts include Independent Examiner's fees of £1,730 (2021 - £1,680) ## 13 **TRANSFERS** - other than for use of Halls. ## The transfers were: £1,000 from Playschool to Fabric Fund for future repairs on Church Centre. £3,664 was transferred to Mid Africa Concern to help with their work. 2022 - Cafe Club closed and the funds (£683) transferred to Undesignated funds ## 14 **LEGACIES** |Church centre 2019
2021 Church deficit
2022 Church deficit
2020 Church deficit due to Coronavirus
2015 unrestricted legacies received
2019 Donation to Meadgate church for
purchase of The Orchards
Jim Hymas unrestricted legacy to 2009
Expenditure 2009 - 2018|**£**
114,612
(103,017)
(7,889)
-
-
-
-
-
3,706|**£**
-
-
-
100,250
(25,000)
(26,868)
(9,034)
(19,835)
19,513| |---|---|---| ## 11 **MISSIONARY & CHARITABLE GIVING** |**Overseas Missions**
Church Mission Society (CMS)
Church Mission Society (Kylie Bahadur)
Langham Partnership (East Africa)
**Overseas Relief**
Mid-Africa Concern (MAC)
TEAR Fund
**Home Missions & Societies**
C A D E F - Made for More
CHESS Homeless
Children's Society
Church Pastoral Aid Society (CPAS)
CPAS (Falcon Camps)
Gfts to parishioners - funded by Great Baddow Charities
Prison Fellowship
Scripture Union (SU)
SU (West Runton Camps)
Foodbank
**Secular Charities**
Earl Haig Fund (Remembrance Poppy Fund)
**Total Missionary & Charitable Giving**|**Church**
**Funds**
1,326
2,850
930
5,106
1,450
1,854
3,304
1,140
1,150
998
1,414
600
300
930
600
600
720
8,452
169
169
**17,031**|-
-
-
-
3,937
674
4,611
-
170
-
-
-
-
-
-
-
-
170
-
-
**4,781**
**Donations**
**& Gift Aid**|**Total**
1,326
2,850
930
5,106
5,387
2,528
7,915
1,140
1,320
998
1,414
600
300
930
600
600
720
8,622
169
169
**21,812**| |---|---|---|---| ## **Virtual Cabinet Portal Digital Signatures** ## **Digital Signature Verification** You can verify that this is a genuine Virtual Cabinet Document Portal signed document by uploading it to the following secure web page: https://www.virtualcabinetportal.com/VerifySignedDocument ## **Signature Dates and Times** All dates and times shown in the signatures below are expressed in Coordinated Universal Time (UTC), which is generally equivalent to GMT. You can find out more about UTC at the following web page: http://www.virtualcabinetportal.com/WhatIsUTC ## **Signature 1** Signed by Tim Ball using authentication code SmJvMm8/MEt6RVN4 at IP address 86.173.133.52, on 2023/05/10 12:49:42 Z. Tim Ball's e-mail address is: twbafb@gmail.com. ## **Signature 2** Signed by elizabeth podd using authentication code NllWJndCfFlEM050 at IP address 84.70.148.137, on 2023/05/14 10:25:44 Z. elizabeth podd's e-mail address is: elizabethpodd@aol.com.