## **allsaints** worcester _The Parish of St Nicholas and All-Saints with St Helen’s_ ## **ANNUAL REPORT AND ACCOUNTS 2022** _**You are the God of this city, the light in the darkness**_ Vicar: Rev Dr Rich Johnson Associate Vicar – post currently vacant Registered Charity No. 1128121 St Helen’s Church House, Fish Street, Worcester, WR1 2HN 01905 734625 Available online at www.allsaintsworcester.org.uk Or ask church office for paper copy ` ## Contents ||Contents|| |---|---|---| |Paragraph||Page| ||Annual Report|| |1|Introduction|2| |2|Administrative information|2| |3|Structure, governance and management|3| |3|Strategic Risk|3| |4|Objectives and activities|5| |5|Achievements and performance|5| |6|Financial review|5| |6.4|Funds held – a description of their purposes|6| |6.5|Transfers between funds explained|8| |7|Reserves’ policy|8| |8|Funds held as a custodian for others|9| |9|Plans for the future|9| |10|Accounting policies for the year (2022)|9| ||Annual Statement of Accounts|| ||Statement of Financial Activities (SOFA)|12| ||Statement of Financial Activities (SOFA) - Funds|13| ||Balance Sheet|14| ||Statement of Assets and Liabilities|15| ||Fund movement summary|16| |Note no.|Notes to the Accounts|| |1|Analysis of Income|17| |2|Analysis of Expenditure|18| |3|Staff cost 2022: Employees / PCC Members /|20| ||Related Party Transaction|| |4|Fixed assets and Investments|21| |5|Debtors|23| |6|Creditors|23| |7|Cash in hand|23| |8|Gifts in Kind|24| |9|Comparative SOFA from 2021|25| ||Independent Examiner’s report|26| 1 ` 1. Introduction The Annual Report and Accounts for the Parish of St Nicholas & All-Saints is written equally for church members and those outside of the church looking in. As a charity we have to be publicly accountable to everyone. Therefore, it is produced in accordance with the requirements of the Charities Act 2011 and any regulations made there under and the Charities SORP; Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard 102 (FRS102 effective 1 January 2019). For further information please contact the Church Office, Church Wardens or the Church Treasurer (please see Church Office contact details on the front cover). ## 2. Administrative information The Parish of St. Nicholas & All-Saints’ Worcester (known as All-Saints Worcester) is part of the Worcester Deanery within the Diocese of Worcester; part of the Church of England. The Parochial Church Council (PCC) also has responsibility for a chapel-of-ease; St Helen's, Fish Street, Worcester. All Saints Worcester is a registered charity (No. 1128121). The members of the PCC are elected for a three-year term of office. Approximately one third of PCC places are elected each year with elections being held at the Annual Parochial Church Meeting (APCM). PCC members who served from 1[st] January 2022 until the date this report was approved are: Church Wardens Mr. Philip Bristow Mr. Richard Colthurst[1 ] Mrs Jenny Prigg[2] PCC Lay Representatives church wardens plus: Mrs Sandra Bannister[3] Mr. Mike Croft Mr. Steve Chase Mr. Andrew Jackman Mrs. Sarah Kelsey[4 ] Mr. Bryan Mason Mrs. Amy Williams[5] Mrs. Purvi Wood[3 ] Deanery Synod Representatives Treasurer Mr. James Roe[6] Mr. Grahame Lucas Clergy Vicar: Rev Dr. Rich Johnson Associate Vicar: position vacant Curates: Rev Fraser Oates and Rev Jess Fellows 1. Served as churchwarden up to the APCM on 4[th] April 2022. 2. Served as churchwarden from the APCM on 4[th] April 2022. 3. Served as lay PCC representative from the APCM on 4[th] April 2022. 4. Served as lay PCC representative up to 7[th] November 2022. 5. Served as lay PCC representative up to the APCM on 4[th] April 2022. 6. Served as Deanery Synod Representative up to 29[th] June 2022. 2 ` The Church Operations Manager is Mr. Mark Carrington. Mrs. Philippa Barton is the PA to the Vicar and also acts as Secretary to the PCC. She is not a member of the PCC, and takes not part in discussions, particularly relating to her remuneration. The PCC has appointed Nick Joyce Architects Ltd, Worcester as Inspecting Architect. The PCC uses Lloyds Bank, The Cross Worcester. ## 3. Structure, governance and management The PCC is a corporate body established by the Church of England. It operates under the Parochial Church Council Powers Measure. PCC members are appointed in accordance with the Church Representation Rules. All committed members of the congregation are encouraged to register on the Electoral Roll and consider standing for election to the PCC. The Parish of St Nicholas and All-Saints with St. Helen’s is a parish in the Deanery of Worcester within the Diocese of Worcester. The PCC has responsibility for a number of trusts that have been associated with the All-Saints area of the city including the historic churches of St. Andrews and St. Nicholas’. The PCC is responsible for health and safety, disability discrimination and safeguarding and child protection. The PCC has nominated people for the Diocesan safeguarding training. The PCC is responsible for working with the Clergy in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC also has responsibility for the running of two church buildings: All-Saints and St. Helen’s. The PCC delegates some business to other groups: > Standing Committee: comprising Church Wardens, Treasurer, stipendiary clergy, and two PCC members (nominated by the PCC). It is responsible for day-to-day business decisions on behalf of the wider PCC, or any decisions that are required urgently but have been agreed in principle by the PCC, who have duly authorized the Standing Committee to make a final decision. > The Mission Support Committee: this is chaired by an elected PCC member, and includes the Vicar and other nominated representatives. > All-Saints Society of Bell Ringers: comprising representatives from the bell ringing team, this is responsible for running the All-Saints church bell tower. ## All-Saints Church Strategic Risk Register and Management Action Plans The PCC is aware of its responsibility for risk management and has put in place arrangements to manage and reduce those risks which it regards as most significant. Risks are regularly considered by the Vicar and Church Wardens and reporting to the PCC twice a year. The issues which give the most concern; those which have the highest risk of happening and for which the consequences are material are as follows: 3 ` ||Risk Title|Likelihood|Impac
t|Consequences|Management action|Primary
Responsibility
/ Lead Group| |---|---|---|---|---|---|---| |1|Resourcing
Church:
failure to
deliver
outcomes|Med|High|Resources overstretched,
insufficient income to
support the project beyond
the Church Commissioners
grant period, Ministry
burnout or mission overload,
Church Plants fail.|A Strategic plan and
forward financial plan is
being developed by the
PCC to address the risks
and the need for growth
and development of All
saints and its church
plants.|Rich Johnson
& PCC| |2|Grant
Funding
ceases or
other
significant
change in
policy or
delivery.|Low|High|Church Commissioners stop
our Resourcing Church grant
funding and reduce our
ability to continue
investment in ministry and
mission around the wider
area. Loss of finance to
employ key staff.|Close monitoring by the
Diocesan Project group
and our own project
group. See also actions
for Risk 1 above.|Rich Johnson /
Resourcing
Church Project
Group| |3|Stagnant or
reduced
income, or
expenditure
exceeds
income|Med|High|Reduced ability to fund
mission and ministry
potentially resulting in
reduced congregation and
further loss of income. (See
also 1 above.)|Regular review and
reporting of finances,
appointment of Finance
Assistant to help with
workload, giving renewal
event held regularly with
teaching on generosity
andparticipation.|Finance Group
& PCC| |4|Ambition
overstretche
s people
resources|Low|Med|Volunteer or staff fatigue.
Disruption of resourcing
church project and vision.|The Vision recognizes
the need to support and
develop a strengthened
leadership and volunteer
team through pastoral
care and a training
budget.|Rich Johnson /
Leadership
Team| |5|Growth
outstrips
capacity of
buildings
and ministry
team|Med
(Low
2022)|Med
(Low
2022)|Limitation to make our
Vision a reality and the
mission of All Saints to serve
our community. Increased
risk exists whilst St. Helens
being reordered.|The Vision for All Saints
identifies five strategic
priorities crucial for the
vision to become a
reality. Resourcing
Church provides ministry
resources. Capacity in
buildings exists for
additional services, but
only if volunteer and staff
resources are available.|Rich Johnson /
Church
Wardens| |6|Vacancies in
key roles|Med|Med|If vicar role is vacant, the
vision lead will be severely
impacted, potentially
leading to a disruption of
momentum. Also, without an
Associate Vicar there is a risk
of disruption to the
realisation of the vision.|Church Wardens and
PCC will be required to
step in to coordinate
discernment of next
steps. The search for an
appropriate Associate
Vicar continues.|Vicar, Church
Wardens, and
PCC| 4 ` ## 4. Objectives and activities Our vision document, the “Vision for All-Saints”, sets out our Mission, Vision, Strategy and Values. Our mission is to be a missional community that gives creative and faithful expression to the Kingdom of God in Worcester and beyond. Our vision is to be a growing community of Kingdom people, formed of multiple smaller communities, in and through which our lives and our city are radically transformed by God’s love, grace and power. Our strategy identifies five strategic priorities as crucial for us if we are to see this vision become a reality. These are focused around creating a discipleship culture, nurturing a caring community, developing a leadership community, expanding our missional impact through our own initiatives, support of mission partners and collaboration with other churches, and exploring multiple expressions of church. We have identified ten values that shape and inform how we approach being church together. ## 5. Achievements and performance Review of the year: The past year of mission and ministry of the church is reviewed in the reports from the various areas of church life. These are published in the Annual Ministry Review 2022/23. They include reports on our mission projects, the electoral roll, proceedings of the PCC, the fabric, goods and ornaments of the church, and the proceedings of the Deanery Synod. The last year has been a good one for the church which has sprung back to life after the Covid-19 pandemic in remarkable ways, reflecting the resilience of the church both relationally and financially. A particular highlight was “The Big Weekend” in June 2022 which was an opportunity to gather as a whole church at The Poplars and celebrate the last 20 years of All Saints. ## Church attendance: Our attendance figures show a steady increased in the size of the congregation since June 2022, made up of people moving to Worcester, moving churches, or exploring faith. We estimate that there has been an increase of 45 adults and 20 under-18s in this period. This excludes those that attend midweek activities and events. Current records suggest that approximately 390 adults and 130 under 18’s would consider themselves members of the church. ## 6. Financial review ## 6.1 Financial standing – the headlines: The overall charity finances have improved for the fourth year running. During 2022 total reserves increased by £175K to £658K (in 2021 reserves increased by £121K to £483K). However, within this the General Fund and Designated funds have suffered a reduction of £7.8K. The PCC has maintained control of its budget during 2022, and General Fund expenditure was almost £20K below budget. However, income and targets for growth in income fell well short of target (£54K down). This now means that the general and designated funds fall into deficit of over £7K from the previous year’s small surplus of £629. _This means that urgent action is needed to ensure that the PCC keeps this element of its funds in balance. The five year plan has built this in. In addition, the actions set out in this report also safeguard_ 5 ` _the PCC finances and ensure that the general and designated funds return to surplus during 2023 (see paragraph 6.5)_ Foodbank funds have continued to flourish with a continuation of the amazing public response, local churches, charities, and companies, plus support from the City Council’s Household Support fund. Income during 2022 was over £330K (£266K in 2021 and £323K in 2020) and the Foodbank reserves continue to keep Foodbank in a very strong position to continue to serve during the economic crisis that we are currently experiencing. As we are taught in Genesis 41:36 we need to hold this reserve to be used so that people in crisis in our city can be helped to survive the “storm”. This also puts us in a strong position to navigate the change of premises which we will have to face once our landlord gains planning permission to redevelop the Lowesmoor Wharf estate. ## 6.2 Actions taken during the year: Financial Sustainability Plan – the next five to ten years. The PCC continues to seek financial sustainability. As a resourcing church in receipt of significant grants from the Church of England’s Strategic Development Fund (SDF), the PCC has rolled forward its a five-year budget plan to help us transition to being self-funded by 2026 as the SDF funds fall out. This will enable us to continue with our ministry as a Resourcing Church and our responsibility for growing the church in and around our area of the Diocese. The 2023 budget and five-year strategic financial sustainability plan is designed to ensure that the ministry of All saints Church, including its wider ministry to the area (our area of the Diocese) as a Resourcing Church, can be maintained into the future to get us past the reliance on SDU funding and enable the full complement of staffing and programmes to continue, including the adoption of the post of Associate Vicar – i.e., to maintain the momentum of our Mission in the Diocese as a Resourcing Church growing the Kingdom. The PCC continues to ensure that financial resources are made available to meet the needs of a growing and vibrant church, and to facilitate mission and ministry, and to use financial resources as efficiently and effectively as is reasonably possible. There is a real sense of turning a corner. God is in this and He is urging us to step forward faithfully praying about our Evangelism and the Missio Dei (the mission of God): - The mystery of how God is working through resources, - The opportunity that our budget and finances offer to share our mission (the good news), - The clarity in thought and word with which we will start to communicate on our mission, - The audacity which our budget enables through the application of resources; that God’s people would go out and be disciples and evangelists. - 6.3 The Annual Statement of Accounts for 2022: is set out on the following pages and has been subject to Independent Examination (see the Examiner’s report at the end of this document – page 26). 6 ` 6.4 Funds held by the PCC: a schedule of all funds is set out on pages 13 and 26. The following table explains each fund and why it is held. |Funds held by the PCC:a sc
table explains each fund and|hedule of all funds is set out on pages 13 and 26. The following
why it is held.| |---|---| |Fund:|Purpose of fund:| |General Fund|This is the fund through which everything passes unless the item
relates to a specific fund. This fund is unrestricted by Charity Law.| |Designated funds|These are unrestricted funds that have been set aside by the PCC
for specific purposes.| |Building Maintenance and
Development Fund|General building maintenance of the church buildings including the
church office.| |Equipment & Furniture Fund|Replacement and provision of office and church equipment and
furniture.| |Sound and Audio-Visual
Fund|Replacement and provision of sound and audio-visual equipment in
All-Saints and St Helen’s churches.| |Overseas Mission Partner
Development|Set aside to help develop better links with our overseas mission
partners.| |Vicar's Discretionary Mission
Support Fund|To enable the vicar to use his discretion in supporting those in need
and also to provide for the All-Saints Community Support funds.| |Restricted funds|These funds are restricted by Charity Law for the specific purposes;
usually because the funds were donated for those specific purposes| |Alpha|To provide for the costs of running Alpha courses.| |Bell Ringers Fund|Operated by the All-Saints Bell Ringers.| |Chairs Fund|To purchase chairs for All-Saints and cover consequential costs of
the removal of pews such as the sound desk and storage facility for
chairs not in use. This fund is due to be extended for the provision
of new chairs for St Helen’s church.| |Food Bank Project|The general fund for all Worcester Foodbank operations.| |Foodbank Contingency –
Warehouse lease and move|A contingency for the costs of legal and professional fees associated
with the renewal of the warehouse lease and the move to new
premises when the existing property is reclaimed by the Landlord
for redevelopment. This includes provision for the costs of moving
and rent of new premises during the crossover period.| |Foodbank Earmarked Grants|Grants received for specific purposes such as those obtained from
the Trussell Trust as part of the ASDA grant programme to cover
costs of the purchase and running of the van, provision of crates and
shelving etc.| 7 ` |Fund:|Purpose of fund:| |---|---| |Foodbank Food|For the purchase of food stocks that run low and are not donated in
sufficient quantities despite food appeals and the shopping list.| |Foodbank Post|Trussell Trust (ASDA grant programme) for the appointment of a
Foodbank Operations Coordinator, and top up funds set aside
pending funding bids for the top up to fully fund this post.| |Foodbank Van Purchase
Grant Applied|A technical accounting fund for the Foodbank Van capital costs met
by the ASDA grant.| |Resourcing Church Funds
(three – Building works, St
Peter’s Bengeworth Church
Plant, and Staffing)|All costs and income associated with the Resourcing Church project
funded by the Church Commissioners through the Diocese and the
Strategic Development Fund to help regenerate the church our area
of the Diocese.| |Youth Fund|Youth work.| - 6.5 Funds transfers: the PCC agreed the following movements within its funds as follows (see page 16 also): - Budgeted transfer of £10K (agreed by the PCC) from Foodbank to the General Fund as a contribution towards the corporate costs of the Charity supporting the governance and management of Worcester Foodbank. - Transfer of £48K from Foodbank to the Foodbank Contingency Fund to support the heavy costs predicted upon moving from the existing warehouse location, and potentially to multiple sites to facilitate storage, distribution and the allied compassion support needed by clients. - In order to safeguard the general and designated reserves (as referred to in Para 6.1) transfer of the unused balance of the Mission Partner Support fund of £5,200 to the General Fund. N.b. the underspend on mission support in 2022 is not to be carried forward. - Consolidation of the various building maintenance funds by transferring all surpluses to the Building Maintenance and Development Fund and write off the deficit on the St Helen’s HLF maintenance fund. ## 7. Reserves policy The PCC policy requires a General Fund Reserve to be maintained as a contingency to cover for urgent and emergency situations that may arise from time to time. As a guide to budget planning: - Immediate action: to ensure the balance on General Fund is at least £20K. - Medium term action: the combined balance on General Fund and all Designated funds (e.g., equipment replacement funds, Building Maintenance funds, Vicar’s Discretionary Mission Fund, and the Overseas Mission Partner Fund) should be at least 10% of gross expenditure (if possible), and built up over the medium term to represent 25% (i.e., three months) of expenditure. 8 ` It is also the policy of the PCC to maintain a balance on the Foodbank Fund equivalent to 9 months of operating costs. This equates to between £40K and £50K. Foodbank is currently operating within this policy. A number of restricted and designated funds are held for specific purposes. These are described above at Para. 6.4. A financial schedule of them is set out on pages 13 and 16 of the Annual Accounts. It is our policy to invest funds in Lloyds Bank and CBF Church of England Deposit Funds, after taking account of the need for cash in the bank current account to meet day to day expenses and cash flow. Some small investments arising from other charities and trusts are held in other investment funds. These will be reviewed on a regular basis. ## 8. Funds held as a custodian for others The PCC has custody of six bank and investment accounts which bear the name other than All-Saints and St Helen’s. The Bell Ringer’s account holds the funds for the Bell Ringers Restricted Fund. ## 9. Plans for the future See the document “A Vision for All-Saints Worcester” which summarizes the All-Saints plans for the future, available from our website www.allsaintsworcester.org.uk or the Church Office. ## 10. Accounting Policies - for the year ended 31 December 2022 The financial statements have been prepared in accordance with the requirements of the Charities Act 2011 and any regulations made there under and the Charities SORP; Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard (FRS102 - effective 1 January 2019). The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. ## 10.1 Funds (see paragraph 6.4 for a full list of all the funds held by All-Saints PCC) > General funds: represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. > Designated Funds: are held for a particular purpose by the PCC, but still remain legally unrestricted. > Restricted funds: these are funds raised by the church or given to the church for specific purposes and must be spent on that purpose. The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members. ## 10.2 Incoming Resources ## _Voluntary income and capital resources_ Collections: accounted for when received by or on behalf of the PCC Planned giving: under Gift Aid is accounted for only when received On-line giving is accounted for net of fees charged by the on-line provider 9 ` Income tax: recoverable on Gift Aid donations is accounted for when the donation is received Grants and legacies: to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due Fund raising: special events (e.g., concerts) accounted for gross Sales of books and magazines: accounted for gross ## _Other ordinary income_ Rental income: from the letting of church premises is accounted for when the rental is due _Income from investments_ Dividends and interest: accounted for when receivable. Tax on such income is accounted for in the same accounting year _Gains and losses on investments_ Realised gains or losses: accounted for when investments are sold Unrealised gains or losses: accounted for on revaluation of investments at 31 December ## 10.3 Resources used Grants and donations to missions etc.: accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC ## _Activities directly relating to the work of the Church_ Parish share: accounted for when payable. Any agreed payment remaining unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor[1] in the Balance Sheet. ## _Purchases using the church Barclaycard Credit Card_ All balances on the Barclaycard account are paid by Direct Debit in full on the due date to avoid incurring interest charges and to avoid creating a loan outstanding. Purchases are accounted for when the respective statement is paid. ## _Payment of regular liabilities and accounting for a full year of costs_ All periodic payments are accounted for when paid and any liabilities at the year-end but which are yet to be invoiced are not accrued, thus ensuring a full year of costs is accounted for each year. ## 10.4 Fixed assets ## _Consecrated land and buildings and movable church furnishings_ Consecrated and beneficed property is excluded from the accounts by s.96(2)(a) of the Charities Act 1993. No value is placed on movable church furnishings held by the vicar/rector and churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers these to be inalienable (i.e., cannot be transferred to another person). They are listed in the Church’s inventory, which can be inspected (at any reasonable time). For inalienable property acquired before 2006 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Items acquired since 2006 (had there been any) would have been capitalized and depreciated in the financial statements over their anticipated useful economic life on a straight-line basis. > 1 Creditor: goods or services which we have received in the year but for which payment is to be made in the following year. 10 ` All expenditure incurred during the year on consecrated or benefice buildings, individual items under £2,500, on repair, or movable church furnishings, is shown as expenditure for the year in the financial statements. ## _Other fixtures, fittings and office equipment_ Individual items of equipment with a purchase price of £2,500 or less are shown as expenditure in the year when the asset is acquired. ## _Investments_ Investments are valued at market value at 31 December. ## _Current assets_ Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable. Short-term deposits include cash held on deposit either with the CBF Church of England Funds or at the bank. ## 10.5 Gifts in kind Gifts in kind are all non-money items that have been donated to the charity for charitable purposes. Their value is not recorded in the accounts but they are reported in the notes to the accounts; see note 8 on page 32. Typically, this includes: > Volunteers: the time given by volunteers is not accounted for in the accounts. Volunteers are the backbone of the Mission and Ministry of All-Saints Church, and the Annual Review sets this out and expresses our thanks for the amazing work that is done. Foodbank is staffed by volunteers and local companies and organisations donate staff time to Foodbank. The PCC’s gratitude for these gifts is reflected in the Annual Review. > Donations of food to Foodbank: The value of food donated is not shown in the Accounts as it is not realizable; food is donated for the specific purposes of Foodbank operating under the Franchise of the Trussell Trust, and the value is only shown as a note to the accounts. > Donations of goods and services: Local companies and organisations donate services, equipment and materials. 11 ` ## Parochial Church Council of All-Saints Worcester ## Statement of Financial Activities 1[st] January 2022 to 31[st] December 2022 |Incoming from:
Voluntary Income
Activities for generating funds
Investment income
Charitable activities
Other
Total income
Expenditure on:
Cost of generating funds
Cost of generating voluntary income
Charitable activities
Other resources used
Total expenditure
Net income (exp) before transfers
Transfers
Gross transfers between funds - in
Gross transfers between funds - out
Gains / losses on investment assets
Net movement in funds
Total funds brought forward
Total funds carried forward|Unrestricted
Funds|Designated
Funds|Restricted
Funds|Total Funds|Prior Year
Funds
£|Further details| |---|---|---|---|---|---|---| ||£|£|£|£||| ||236,476
24
725,387
4,538
0
8,764
421
0
0
206
0
0
13,269
0
3,292||||Note 1
585,809
1,698
51
743
30,073
618,374
Note 2
0
2,130
495,425
0
497,555
120,819
Para 6.5
7,487
&
(7,487)
Page 16
65
120,883
361,682
Note 9
482,565|| |||||961,887||| |||||13,302||| |||||421||| |||||206||| |||||16,561||| ||254,910
24
737,442
0
0
8,943
0
10,804
260,780
456
523,666
0
414
11,861|||992,377||| |||||||| |||||||| |||||0||| |||||19,747||| |||||784,901||| |||||12,276||| ||269,722
870
546,331|||816,923||| |||||||| ||(14,812)
(846)
191,112
15,200
3,488
50,057
0
(10,745)
(58,000)
(149)
0
0|||175,453||| |||||||| |||||||| |||||68,745||| |||||(68,745)||| |||||(149)||| ||238
(8,104)
183,169|||175,304||| |||||||| ||(27,977)
28,606
481,936|||482,565||| |||||||| ||(27,739)
20,503
665,105|||657,869||| N.b. Note 9 on page 25 sets out the comparative Statement of Financial Activities for 2021 as required by the Financial Reporting Standard 102. Approved by the Parochial Church Council on 13[th] March 2023 and signed on its behalf by: Rev. Dr. Rich Johnson (PCC Chairman) Mr. Grahame Lucas (Treasurer to the PCC) 12 ` ## Statement of Financial Activities (cont’d) 1[st] January 2022 to 31[st] December 2022 |Represented by:
General fund(Unrestricted)
Designated funds
Building Maintenance Fund
St Helen’s Church Building Fund
Equipment & Furniture Fund
Sound and Audio-Visual Fund
Homes for Good
Mission Giving
Overseas Mission Partner Dev’t
Vicar's Discretion Mission Support
Total unrestricted funds
Restricted funds
Alpha
Bell Ringers Fund
Chairs Fund
Chairs Fund Applied
Events
Food Bank Project
Foodbank Children’s Fund
Foodbank Citizen’s Advice
Foodbank Contingency –
Warehouse lease and move
Foodbank Earmarked Grants
Foodbank Food
Foodbank Post
Foodbank Van Purchase Grant
Applied
Hope for Justice
Mainly Music
Organ Renovation
Resourcing Church – Building Works
Resourcing Church – St Peter’s Plant
Resourcing Church – Staff
St Helen's Building Development
St Helen's HLF Project
Youth Fund
Total restricted funds
Total Funds|Unrestricted
Funds
£|Designated
Funds
£|Restricted
Funds
£|Total Funds|Prior Year
Funds
£|Further
details| |---|---|---|---|---|---|---| |||||£||| ||(27,739)
1,725
0
3,272
212
158
0
12,547
2,589||||(27,977)
750
3,902
3,272
212
158
5,200
12,547
2,565
629
497
6,553
2,442
17,573
1,476
330,618
1,218
0
57,000
2,703
16,667
28,705
13,900
648
0
2,786
0
0
0
1,170
(2,017)
0
481,936
482,565|| |||||(27,739)||| |||||||| |||||1,725||| |||||0||| |||||3,272||| |||||212||| |||||158||| |||||0||| |||||12,547||| |||||2,589||| ||(27,739)
20,503
0|||(7,236)||| ||239
7,643
2,466
15,377
0
503,082
0
27,174
105,000
519
43,510
11,246
11,950
648
0
2,534
(5,009)
(21,998)
(40,516)
0
0
1,242|||||| |||||239||| |||||7,643||| |||||2,466||| |||||15,377||| |||||0||| |||||503,082||| |||||0||| |||||27,174||| |||||105,000||| |||||519||| |||||43,510||| |||||11,246||| |||||11,950||| |||||648||| |||||0||| |||||2,534||| |||||(5,009)||| |||||(21,998)||| |||||(40,516)||| |||||0||| |||||0||| |||||1,242||| ||665,105|||665,105||| |||||||| ||(27,739)
20,503
665,105|||657,869||| 13 ` ## Parochial Church Council of All-Saints Worcester Balance sheet as at 31[st] December 2022 |sheet as at 31stDecember 2022|||| |---|---|---|---| |Fixed assets
Tangible asset – Warehouse rent deposit
Tangible asset - Foodbank Van
Tangible assets – All Saints Furnishings
Investments
Current assets
Debtors
Investments and Deposit Accounts
Cash at bank and in hand
Current Liabilities
Creditors: Amounts falling due in one year
Current assets less current liabilities
Total net assets less liabilities
Represented by:
General fund (Unrestricted)
Total Designated funds
Total Restricted funds
Total Funds|Total funds
£|Prior year
funds £|Further
details| |||4,167
13,900
17,573
1,340|Note 4
Note 4
Note 4
Note 4
Note 5
Note 7
Note 6| ||4,167||| ||11,950||| ||15,377||| ||1,190||| ||32,684|36,979|| |||51,639
386,329
15,203|| ||6,229||| ||615,122||| ||18,334||| ||639,685|453,171
7,585|| ||||| ||14,500||| ||14,500|7,585|| ||625,185|445,586|| ||||| ||657,869|482,565|| |||(27,977)
28,606
481,936|| ||(27,739)||| ||20,503||| ||665,105||| ||657,869|482,565|| 14 ` ## Parochial Church Council of All-Saints Worcester ## Statement of assets and liabilities as at 31[st] December 2022 |Fixed assets - Investments
CCLA St Michael in Bedwardine
MG St Michael in Bedwardine
Totals
Fixed assets - Tangible assets
Foodbank Van
All Saints Furnishings
Rent deposit Lowesmoor Wharf
Totals
Current assets - Cash at bank and i
Bank Current Account
Barclaycard
Bank deposit instant access
Bank deposit instant access
Bank deposit St Michaels
CCLA (CBF) deposit account
CCLA (CBF) deposit account
CCLA (CBF) deposit account
CCLA (CBF) dep ac St Nicholas
Cash in hand
Totals
Current assets - Investments
Bell Ringers Bank Account
Totals
Current assets - Debtors
Accounts Receivable
Totals
Liabilities - Creditors: Amounts fall
Accounts Payable
Totals
Grand total|Unrestricted
£
Designated
£
Restricted
£|Total this
year £|Total last
year £| |---|---|---|---| ||
626
0
0

564
0
0||621
654| |||626|| |||564|| ||1,190
0
0
0
0
11,950
0
0
15,377

0
0
4,167|1,190|1,275
15,850
19,769
4,167| ||||| ||||| |||11,950|| |||15,377|| |||4,167|| ||0
0
31,493
n hand
(29,619)
21,623
23,425
3,416
(1,120)
(2,296)
257
0
590,000
1,061
0
0
786
0
0
2,523
0
0
87
0
0
26
0
0

439
0
0
367
0
2,538|31,493|41, 060
7,957
2,433
375,034
1,025
649
2,523
87
25
434
4,813| ||||| ||||| |||15,429|| |||0|| |||590,257|| |||1,061|| |||786|| |||2,523|| |||87|| |||26|| |||439|| |||2,905|| ||(20,659)
20,503
626,086

0
0
7,526|625,930|394,979
6,553| ||||| ||||| |||7,526|| ||0
0
7,526

6,229
0
0|7,526|6,553
51,639| ||||| ||||| |||6,229|| ||6,229
0
0
ing due in one year
14,500
0
0|6,229|51,639
7,585| ||||| ||||| |||14,500|| ||14,500
0
0|14,500|7,585| ||||| ||(27,739)
20,503
665,105|657,869|462,565| 15 ` ## Parochial Church Council of All-Saints Worcester Fund movement 2022 |Fund movement 2022||| |---|---|---| |Represented by:
General fund(Unrestricted)
Designated (unrestricted) funds
Building Maintenance Fund
St Helen’s Church Building Fund
Equipment & Furniture Fund
Sound and Audio-Visual Fund
Homes for Good
Mission Giving
Overseas Mission Partner Dev’t
Vicar's Disc’ry Mission Support
Total Designated funds
Total of all unrestricted funds
Restricted funds
Alpha
Art Space
Bell Ringers Fund
Chairs Fund
Chairs Fund Applied
Events
Food Bank Project
Foodbank Children’s Fund
Foodbank Citizen’s advice
Foodbank Contingency –
Warehouse lease and move
Foodbank Earmarked Grants
Foodbank Food
Foodbank Post
Foodbank Van Purchase Grant
Applied
Hope for Justice
Mainly Music
Organ Renovation Fund
Resource Church – Building Works
Resource Church – St Peter’s Plant
Resource Church – Staff
St Helen's Building Develop’t Fund
St Helen's HLF Project
Youth Fund
Total restricted funds
Grand total|Opening
£
Incoming
£
Outgoing
£
Transfers
£
Gains /
Losses £|Closing
£| ||(27,977)
254,910
269,722
15,200
(149)
750
0
456
1,431
0
3,902
0
414
(3,488)
0
3,272
0
0
0
0
212
0
0
0
0
158
0
0
0
0
5,200
0
0
(5,200)
0
12,547
0
0
0
0
2,565
24
0
0
0|| |||(27,739)| |||| |||1,725| |||0| |||3,272| |||212| |||158| |||0| |||12,547| |||2,589| ||28,606
24
870
(7,257)
0|20,503| |||| ||629
254,934
270,592
7,943
(149)|(7,236)| ||497
0
258
0
0
0
680
680
0
0
6,553
1,601
511
0
0
2,442
24
0
0
0
17,573
0
2,196
0
0
1,476
8,235
9,711
0
0
330,618
312,391
81,928
(58,000)
0
1,218
14,777
15,995
0
0
0
35,042
7,868
0
0
57,000
0
0
48,000
0
2,703
0
2,184
0
0
16,667
149,961
123,118
0
0
28,705
5,000
22,460
0
0
13,900
0
1,950
0
0
648
0
0
0
0
0
1,640
1,640
0
0
2,786
0
252
0
0
0
192,453
197,462
0
0
0
0
21,998
0
0
0
13,116
53,632
0
0
1,170
0
1,170
0
0
(2,017)
0
40
2,057
0
0
2,522
1,280
0
0|| |||239| |||0| |||7,643| |||2,466| |||15,377| |||0| |||503,082| |||0| |||27,174| |||105,000| |||519| |||43,510| |||11,246| |||11,950| |||648| |||0| |||2,534| |||(5,009)| |||(21,998)| |||(40,516)| |||0| |||0| |||1,242| ||481936
737,442
546,333
(7,943)
0|665,105| |||| ||482,566
992,377
816,923
0
(149)|657,869| 16 ` ## Note 1 - Analysis of income 2022. |Incoming resources from
generated funds - Voluntary
income
0101 - Gift Aid
0201 - Other planned giving
0301 - Loose plate collections
0302 – SumUp Card Receipts
0501 - One-off Gift Aid gifts
0550 - Donations appeals etc.
0551 - Donations from
Churches & Charities
0552 - Donations from other
organisations
0601 - Tax recovered Gift Aid
0801 - Recurring grants
08A1 - non-recurring grants
0901 - Other funds generated
Total
Incoming resources from
generated funds - Activities for
generating funds
1303 - Income from activities
& events
Total
Incoming resources from
generated funds - Investment
income
1020 - Interest & Dividends
Total
Incoming resources from
charitable activities
1101 - Fees for weddings and
funerals
1235 – Rent from hiring out Land &
Buildings
Total
Other incoming resources
1400 - Other incoming
Resources and fund transfer
Total
INCOME TOTAL|Unrestricted
£|Designated
£|Restricted
£|Total this
year £|Total last
year £| |---|---|---|---|---|---| ||151,731
0
148,539
44,250
0
27,647
523
0
0
2,175
0
1,599
35
0
11,441
0
24
26,026
40
0
36,576
2,000
0
59,903
34,994
0
29,485
0
0
4,751
675
0
379,420
53
0
0||||291,525
18,213
467
875
7,498
33,731
22,168
20,089
71,481
0
119,691
0| |||||300,270|| |||||71,897|| |||||523|| |||||3,774|| |||||11,476|| |||||26,050|| |||||36,616|| |||||61,903|| |||||64,479|| |||||4,751|| |||||380,095|| |||||53|| ||236,476
24
725,387|||961,887|585,809| ||4,538
0
8,764||||1,698| |||||13,302|| ||4,538
0
8,764|||13,302|1.698| ||421
0
0||||51| |||||421|| ||421
0
0|||421|51| ||206
0
0
1,000
0
0||||743
0| |||||206|| |||||1,000|| ||1,206
0
0|||1,206|743| ||12,269
0
3,292||||30,073| |||||15,561|| ||12,269
0
3,292|||15,561|30,073| ||||||| ||254,910
24
737,442|||992,377|618,374| 17 ` ## Note 2 - Analysis of expenditure 2022 |Cost of generating funds - Cost
of generating voluntary income
1710 - Costs of applying for
Grants
1730 - Costs of Activities
Events
Total
Charitable activities
1801 - Giving to missionary
societies
1850 - Giving to Home
mission
1851 - Pastoral Gifts to
individuals
1870 – Secular charities
1901 - Ministry Share
1910 - Ministry - fees paid
to Diocese
2001 - Assistant staff costs
2050 - Staff salaries
2055 - Transport costs
2060 - Property Rent &
Service Charges
2061 - Property Insurance
2062 – Property advisors (e.g.
Fire & H&S)
2101 - Working expenses of
Clergy
2150 - Clergy Phone,
Internet & Home
Office expenses
2160 - Ministry: church
training and
development
2161 – Alpha Courses
2170 - Ministry: Children's
Church
2171 – Paid Employees
Children & Youth
workers
2173 - Ministry: Pastoral
Care
2176 - Ministry: Mainly
Music|Unrestricted
£|Designated
£|Restricted
£|Total this
year £|Total last
year £| |---|---|---|---|---|---| ||0
0
306
8,943
0
10,498||||306
1,824| |||||306|| |||||16,561|| ||8,943
0
10,804|||19,747|2,130| ||6,650
0
0
5,880
0
1,733
3,774
0
0
1,000
0
0
76,500
0
0
0
0
0
299
0
0
53,782
0
85,626
0
0
2,879
0
0
30,692
0
0
3,088
0
0
0
9,991
0
0
553
0
0
4,603
0
0
0
0
258
1,523
0
176
24,759
0
0
12
0
0
0
0
1,640||||9,479
5,263
2,958
1,000
96,000
0
60
117,094
569
30,692
1,595
1,054
6,757
1,366
2,986
146
1,096
19,381
0
1,383| |||||6,650|| |||||7,613|| |||||3,774|| |||||1,000|| |||||76,500|| |||||0|| |||||299|| |||||139,408|| |||||2,879|| |||||30,692|| |||||3,088|| |||||0|| |||||9,991|| |||||553|| |||||4,603|| |||||258|| |||||1,699|| |||||24,759|| |||||12|| |||||1,640|| 18 ` |2177 - Ministry: Students
2179 – Ministry: Men
2180 - Ministry: Youth
2183 - Ministry: Bell ringing
2184 - Ministry: Worship
2190 - Worcester Food
Bank
2198 - Ministry:
Development
Resources
2199 - Ministry: Personal
Spiritual
Development
2201 – Foodbank - Supplies
2210 – Foodbank -
Children’s gifts
2215 – Foodbank Clients’
Exp; Taxies, Energy
etc.
2221 – Foodbank
Managers' meetings
2222 – Foodbank
Volunteers Expenses
2231 – Foodbank Van
Maintenance
2232 – Write down value of
Foodbank van
2233 – Write down value of All
Saints Furnishings
2301 - Insurance
2310 - Church Office
running costs
2330 - Building
Maintenance and
churchyard
2331 - Cleaning
2340 - Upkeep of services
2341 - Sound Audio Visual
System
2343 – Equipment
2344 – Foodbank
Warehouse
consumables
2360 - Administration
2365 – Legal, Insurance & Ops
2370 - Bank charges|Unrestricted
£|Designated
£|Restricted
£|Total this
year £|Total last
year £| |---|---|---|---|---|---| ||486
0
0
86
0
0
666
0
1,280
160
0
511
347
0
0
0
0
10,621
163
0
1,102
2,163
0
0
0
0
123,747
0
0
15,995
0
0
120
0
0
11
0
0
1,245
0
0
1,098
0
0
1,950
0
0
2,196
11,175
0
380
4,910
0
0
6,520
0
3,949
6,875
0
155
10,213
0
1,086
3,021
0
13,480
3,759
0
10,550
0
0
12,293
5,649
0
5,039
0
414
11,861
286
0
217|||486|560
0
1,443
358
298
29,723
406
623
38,349
8,850
0
32
40
1,968
1,950
2,196
10,009
3,517
9,328
6,500
4,538
3,501
11,068
8,044
9,734
0
512| |||||86|| |||||1,946|| |||||671|| |||||347|| |||||10,621|| |||||1,265|| |||||2,163|| |||||123,747|| |||||15,995|| |||||120|| |||||11|| |||||1,245|| |||||1,098|| |||||1,950|| |||||2,196|| |||||11,555|| |||||4,910|| |||||10,468|| |||||7,031|| |||||11,299|| |||||16,501|| |||||14,309|| |||||12,293|| |||||10,689|| |||||12,276|| |||||503|| 19 ` |2401 - Church running
electric
2410 - Church running Gas
2420 - Church running
Water
2701 - Church major repairs
of structure
2702 – Church major repairs
installation
2703 - Church major repairs
professional fees
2704 – Church interior and
exterior decorating
& reordering
Total
EXPENDITURE TOTAL
TOTAL SURPLUS (DEFICIT)|Unrestricted
£|Designated
£|Restricted
£|Total this
year £|Total last
year £| |---|---|---|---|---|---| ||2,916
0
2,033
11,466
0
1,140
592
0
606
0
0
0
0
0
0
0
456
186,770
0
0
0|||4,949|5,391
11,642
2,304
1,250
4,137
14,400
360| |||||12,606|| |||||1,198|| |||||0|| |||||0|| |||||187,226|| |||||0|| ||260,780
870
523,666|||784,901|495,785| ||||||| ||269,722
870
546,331|||816,923|497,555| ||||||| ||(14,812)
(846)
191,111|||175,454|120,819| ## Note 3 - Staff Costs 2022 Employee payments - Salaries During the year the PCC employed the following officers: Ministries Coordinator (part time and funded by Resourcing Church grant), PA to the Vicar (part time), Buildings Redevelopment Project Manager (funded by the Resourcing Church grant), Church Operations Manager, Church Cleaner (part time), Youth Worker (part time), Children’s Worker (part time), Worship Director (funded by the Resourcing Church Grant), Finance Assistant (part time), Foodbank Operations Coordinator (part time) Foodbank Administration Assistant (part time). No payments were large enough to be reported. 20 ` ## Payments to PCC members The Buildings Redevelopment Project Manager was elected as a member of the PCC (after her appointment) and takes no part in any discussions or decision making relating to her employment. During the year no other payments of salary or wage were made to members of the PCC. Related Party Transactions The Church Treasurer is also a Trustee and Treasurer to Chapel House Ministries. During 2022 the PCC donated a grant of £1,500 to Chapel House Ministries (£2,000 in 2021). The Church Treasurer took no part in any discussions or decision making relating to this grant award. A member of the PCC is related to one of the PCC’s employees; the Youth Worker. That PCC member took no part in any discussions or decisions relating to the Youth Worker. ## Note 4.1 - Fixed Assets The PCC has the following fixed assets with a value greater than £2,500 as follows: |Asset|Date Purchased and
depreciation plan|Original
purchase
Cost|Written
down
value as
at 31st
Dec 2022|Depreciation
charge to
2022
accounts| |---|---|---|---|---| |Foodbank Van
VW Transporter
T28 Startline
SWB 102 PS 2.0
TDI|Purchased 25thFeb 2019.
Forecast value on 31st
December 2023 is £10,000*.
Straight line depreciation =
£1,950p.a.|£19,750|£11,950|£1,950| |320 All Saints
Church Stackable
chairs and 13
storage dollies.|Purchased 4thMarch 2020.
Assume value depreciated by
25% in year one then the
straight-line method assuming
life span of 10years.|£24,137|£14,081|£2,011| |Desk and
Cabinet to house
sound and audio-
visual control
equipment.|Purchased 4thFebruary 2020.
Assume value depreciated by
40% in year one then the
straight-line method assuming
life span of 10years.|£2,777|£1,296|£185| Note* The depreciation method chosen for the Foodbank van is the straight-line method. The van was purchased when 6 months old and was significantly discounted for Foodbank and as an ex-demonstrator vehicle. Therefore, initial loss of value from new has already been reflected in the purchase price, making the straight-line method of depreciation a reasonable choice. It is assumed the van will have a value of £10,000 in December 2023 based on the sale price of second-hand vehicles of the same make and model of a similar age and after allowing for trade in prices. 21 ` |Property / Purpose / Period|Date of Lease|Cost
2021|Cost
2022|Cost
2023| |---|---|---|---|---| |Renewal of Lease for Foodbank
premises at Lowesmoor Wharf, five
years with Tenant and Landlord break
clause with nine months-notice, the
Landlord only to exercise upon
obtaining planning permission for
development of the site. Rent remains
the same.|From 21stJune
2021 to 20t June
2026.|£15,865|£30,000|£30,000| Church equipment comprises office equipment, musical instruments, sound and projection equipment. Foodbank equipment comprises office equipment, warehouse equipment and shelving, warehouse scales and storage crates. Foodbank equipment comprises office equipment, commercial scales, storage crates, heavy duty shelving, chairs, and tables. All of these are estimated to have an individual value of less than £2,500 each. ## Note 4.2 - Investments The PCC holds a small amount in investments. The value of these accounts has reduced by £149.37 in the last year as follows (increase of £64.68 during 2021): |these are estimated to have an individual value of less than £2,500 each.
Note 4.2 - Investments
The PCC holds a small amount in investments. The value of these accounts
£149.37 in the lastyear as follows(increase of £64.68 during2021):|has reduce| |---|---| ||2021
£| |CCLA - Michael in Bedwardine Church Charity|| |Value as at 1st January 2022 (34.5 shares @ 2,053.68p)|708.52| |change in value(loss)|-82.37| |Value as at 31st December 2022(34.5 shares @ 1,814.93p)|626.15| ||| |M&G - Michael in Bedwardine Church Charity|| |Value as at 1st January 2022 (521 shares @ 121.17p)|631.30| |change in value(loss)|-67.00| |Value as at 31st December 2022(521 shares @ 108.31p)|564.30| ||| |Total value at year end|1,190.45| 22 ` ## Note 5 - Debtors (Accounts receivable) |Note 5 -Debtors (Accounts receivable)|Note 5 -Debtors (Accounts receivable)|| |---|---|---| |Fund:
Receivable from:
General
Refund due – speaker brackets not usable
General
HMRC Gift Aid for 2022||Amount
£| |||812| |||5,417| |Total|(£51,639 as at 31stDecember 2021)|6,229| |Note 6 –|Creditors–(Accounts Payable):|| |Fund:
Payable for:
General
Mission payments made in respect of 2022||Amount
£| |||14,500| |Total
(£7,585 as at 31stDecember 2021)||14,500| |Note 7 –|Cash in Hand (cash held and cheques not banked as at 31stDecember):|Cash in Hand (cash held and cheques not banked as at 31stDecember):|Cash in Hand (cash held and cheques not banked as at 31stDecember):| |---|---|---|---| ||||| |Fund:
Reason for holding cash / cheques:
General
Petty Cash - Church Office
Foodbank
Petty Cash – Foodbank used for purchase of food
and supplies
Foodbank
Cash & Cheques not banked as at 31stDecember||2022
£|2021
£
95
994
3,724| |||467|| |||1,264|| |||1,057|| |Total||2,788|4,813| 23 ` Note 8 – Gifts in Kind (In accordance with accepted accounting practice and the PCC’s Accounting Policies - see Para. 10.5 – Gifts in Kind). Volunteers are the backbone of the Mission and Ministry of All-Saints Church, and the Annual Review sets this out and expresses our thanks for the amazing work that is done. Donations of goods and services: |Fund:|Gifts in Kind:
The values shown are either actual values or best
estimates|Value
2021
£|Value
2021
£| |---|---|---|---| |Foodbank
Food, toiletries, and household cleaning products
donated by people and organisations weighing
106,641Kg (113,538Kg in 2021, 131,896Kg in 2020
and 90,711Kg in 2019). Value in 2022 is based on
estimate of £2.30 / Kg (£1.85 in 2021)||245,274|210,045| |Foodbank
Foodbank is staffed by volunteers – about 90 on
average, value based on minimum wage. Increased
hours during2022 to cope with increased workload.||85,000|80,000| |Church
Mission
It is difficult to evaluate the total amount of time
donate by volunteers for general church work,
mission and ministry, but based on minimum wage it
is estimated to be in excess of £40,000. It is believed
that this work continued during 2022 through the
Pandemic.||42,000|40,000| |Foodbank
Supermarket Gift Cards – 235 in 2022, (200 in 2021,
225 in 2020 and 26 in 2019) used to purchase food
and supplies||14,098|8,769| |Foodbank
A stock of paper carrier bags donated. This led to us
now buying paper carrier bags and avoiding use of
plastic.||0|100| |Foodbank
Window Cleaning provided free of charge by Clayton
Window Cleaning||100|100| |General
Independent Examiner provides his work free of
charge and requests this to be in aid of Foodbank||150|150| |Total||386,622|339,664| 24 ` ## Note 9 - Parochial Church Council of All-Saints Worcester Statement of Financial Activities 1[st] January 2021 to 31[st] December 2021 for comparison with 2022 statement on page 12. |ent on page 12.||||| |---|---|---|---|---| |Incoming from:
Voluntary Income
Activities for generating funds
Investment income
Charitable activities
Other
Total income
Expenditure on:
Cost of generating funds
Cost of generating voluntary income
Charitable activities
Other resources used
Total expenditure
Net income (exp) before transfers
Transfers
Gross transfers between funds - in
Gross transfers between funds - out
Gains / losses on investment assets
Net movement in funds
Total funds brought forward
Total funds carried forward|Unrestricted
Funds|Restricted
Funds|Total Funds|Prior Year
Funds
£| ||£|£|£|| ||231,526
354,283
222
1,476
51
0
743
0
28,677
1,395|||707,766
2,232
21
949
7,850| ||||585,809|| ||||1,698|| ||||51|| ||||743|| ||||30,073|| ||261,220
357,154
0
0
1,824
306
252,256
243,169
30,366
(30,366)||618,374|718,817
0
2,578
498,878
3,364| |||||| |||||| ||||0|| ||||2,130|| ||||495,425|| ||||0|| ||284,446
213,109||497,555|504,819| |||||| ||(23,226)
144,045
7,487
0
(7,487)
0
65
0||120,819|213,998
104,486
(104,486)
46| |||||| |||||| ||||7,487|| ||||(7,487)|| ||||65|| ||(23,161)
144,045||120,883|214,043| |||||| ||23,790
337,891||361,682|147,638| |||||| ||629
481,936||482,565|361,682| 25 Independent Examlnerfs Report to the membersltrustees of All Saints Church, Worcester, Parochial Church Council. I report on the accounts for the year ended 31 st De￿rnber 2022 which are set out on pages 12 to 25. Respective responsibilities of the Trustees and Independent Examiner The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the 2011 Act: follow the prO￿dureS laid down in the General Directions given by the Charity Commissioners section 145(5Xb) of the 2011 Act; and state whether particular matters have come to my attention. Basis of Independent Examiner's Statement My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the management committee con￿mIng any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit. and consequently I do not express an audit opinion on the accounts. Independent Examlnerfs Statement In connection with my examination, no matters have come to my attention. which give me reasonable cause to believe that in any material respect the requirements to keep accounting record5 in accordan￿ with s.130 of the 2011 Act. or to prepare accounts which accord with these accounting records have not been met" or 2. to which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Date: 7 March 2023 David Hibbitt BA(Hons) ACMA 3 Jenny Wren Row Droilwich Worcestershire WR9 7FW 26