2023-12-31-accounts

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allsaints worcester

The Parish of St Nicholas and All-Saints with St Helen’s

ANNUAL REPORT AND ACCOUNTS 2023

You are the God of this city, the light in the darkness

Vicar: Rev Dr Rich Johnson Associate Vicar – James Ellin Associate Vicar Students and 20s missioner – Jess Fellows 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
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	4
5	Achievements and performance	4
6	Financial review	5
6.4	Funds held – a description of their purposes	6
7	Reserves’ policy	8
8	Funds held as a custodian for others	8
9	Plans for the future	8
10	Accounting policies for the year (2023)	8
	Annual Statement of Accounts
	Statement of Financial Activities (SOFA)	11
	Statement of Financial Activities (SOFA) - Funds	12
	Balance Sheet	13
	Statement of Assets and Liabilities	14
	Fund movement summary	15
Note no.	Notes to the Accounts
1	Analysis of Income	16
2	Analysis of Expenditure	17
1a	Analysis of Income – Worcester Foodbank	19
2a	Analysis of Expenditure – Worcester Foodbank	20
3	Staff cost 2023: Employees / PCC Members /	21
	Related Party Transaction
4	Fixed assets and Investments	22
5	Debtors	24
6	Creditors	24
7	Cash in hand	24
8	Gifts in Kind	25
9	Comparative SOFA from 2022	26
	Independent Examiner’s report	27

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-ofease; 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:

he date this report was approved are:
Church Wardens
Mr. Philip Bristow Mrs Jenny Prigg
PCC Lay Representatives church wardens plus:
Mrs Sandra Bannister Mr. Mike Croft	Mr. Steve Chase
Mr. Andrew Jackman Mrs Gill Lucas	Mr. Bryan Mason
Mrs Carol Rogerson Mr Clive Langmead
Deanery Synod Representatives	Treasurer
Mrs Gill Lucas	Mr. Grahame Lucas
Clergy
Vicar: Rev Dr. Rich Johnson
Associate Vicar: Rev James Ellin
Associate Vicar Students and 20’s: Rev Jess Fellows
Curates: Rev Fraser Oates and Rev Jamie Klair

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 and act as trustees to the charity.

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 as follows:

The highest risks are reviewed more regularly, and any high likelihood and high impact risks would be considered at every meeting.

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

The last ministry year has been a significant and challenging one for All Saints Worcester. There has been much to celebrate. We completed the extensive and exciting reordering works in our St Helen’s building (funded by the Strategic Development Fund - SDF - of the Church of England). We saw the appointment of a new curate (Rev Jamie Klair) and the long-awaited replacement Associate Vicar (Rev James Ellin), as well as new funding to enable Rev Jess Fellows to stay as student & 20s missioner (SDF and Diocesan funded). The church and team successfully and navigated

the Vicar taking a 3-month sabbatical and the transition to him being seconded 2 days per week to give leadership to New Wine England. Throughout this time there has been steady growth in congregation numbers (notably among teenagers, students and 20s) fresh innovation (particularly around the creative arts, a children’s holiday club and youth mission through our “Lightbox” project) and ongoing commitment to caring for the needs of the most vulnerable in our city (primarily through our Worcester Foodbank project). At the same time, we continue to face the challenge of financial strain, which was acute in the autumn of 2023 and resolved through the generosity of the congregation through an extensive giving appeal. There remains a need to increase our regular giving and to develop alternative income streams too. This is in part due to the imminent reduction in SDF funding which tapers in 2025 and ongoing ambition to scale our activity. A full ministry review is published in a separate document.

6. Financial review

6.1 Financial standing – the headlines:

The overall charity finances have improved for the fifth year running. However, the church’s general fund faced a very significant challenge. This was addressed and a very successful giving week brought the general fund finances back into the black. Encouraging generosity through focused teaching combined with engaging the congregation through much improved communications on the whole range of church ministry is planned to ensure that we maintain a momentum.

During 2023 total reserves increased by £90K to £748K (in 2022 reserves increased by £175K to £658K). While this is mostly due to the continuing support for Foodbank, and the amazing generosity of Worcester people, churches, and organisations, it is a great celebration that the generosity of the All Saints family resulted in a surplus of £33K which moved the General Fund out of a deficit (£28K at the beginning of the year) to a surplus of £19K by the end of the year!

The PCC continues to plan with a five year forward financial plan to ensure we can manage out finances and commitments once the Strategic Development Fund grants come to an end by 31[st] December 2025. Reviewing the All Saints Vision statement and improving communications will be a key to this.

Foodbank reserves continue to keep Foodbank in a very strong position to continue to serve during the economic crisis that we are currently experiencing. Foodbank’s forward plan for the next 3 years shows that we have financial resilience in the face of uncertainty over demand for food parcels and the location of our premises. With a reasonably sensible forecast of income from donations and generosity, we can have confidence in financial sustainability for the next two years based on our current very strong reserves position. However, this will be kept under review as we monitor continued growth in demand (30% in 2023) in the hope that we see a plateau in demand during 2024.

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”.

6.2 Independent Examination of the Accounts 2023: During 2023 the PCC carried out major works for the internal refurbishment of St. Helen’s Church funded by the Church Commissioners through their Strategic Development Fund (SDF). During the year the grant for these works amounted to £580K. As a result of this the total gross income for the PCC was £1.50m. which exceeds the Charity Commissions threshold of £1m above which we are required to have the annual accounts subject to a full audit rather than the normal Independent Examination. However, The PCC has been granted dispensation from full audit for 2023 due to the exceptional circumstances (the SDF funding). This enables the accounts to be subject to an Independent Examination as a full audit would be disproportional bearing in mind the existing assurances and controls in place for the management of the SDF grant and works contract. This arrangement only applies for the 2023 financial year.

6.3 The Annual Statement of Accounts for 2023: 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 27).

6.4 Funds held by the PCC: a schedule of all funds is set out on pages 12 and 15 The following table explains each fund and 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.

Fund:	Purpose of fund:
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	For the purchase, maintenance, and replacement of chairs for All-Saints and St Helen’s.
Food Bank Project	The fund for all Worcester Foodbank operations.
Foodbank Contingency – Warehouse lease and move	A contingency for the consequential costs of premises including higher rents, 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.
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.

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.

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 £300K and £400K. 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 12 and 15 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 2023

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

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.

1 Creditor: goods or services which we have received in the year but for which payment is to be made in the following year.

10.4 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.

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 25. 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 to Foodbank: Typically include food, services, equipment, and materials from individuals, churches, local companies, and organisations.

Parochial Church Council of All-Saints Worcester

Statement of Financial Activities 1[st] January 2023 to 31[st] December 2023

Unrestricted Funds	Designated Funds	Restricted Funds	Total Funds	Prior Year Funds £
£	£	£	£
312,013 8,484 1,151,300 3,997 0 2,101 4,610 0 0 650 0 0 952 15,819 2,012				Note 1 961,887 13,302 421 206 16,561 992,377 Note 2 19,747 784,901 12,276 816,923 175,453 Para 6.5 68,745 & (68,745) Page 16 (149) 175,304 482,565 Note 9 657,869
			1,471,797
			6,098
			4,610
			650
			18,783
322,222 24,394 1,155,413 3,831 0 1,541 283,018 -1.592 1,092,621 2,641 0 29,382			1,501,938


			5,372
			1,374,046
			32,023
289,491 -1,592 1,123,544			1,411,442

32,731 25,896 31,869 33,026 4,477 37,941 -19,370 -26,823 -29,252 77 0 0			90,496


			75,445
			-75,445
			77
46,464 3,551 40,559			90,573
-27,739 20,503 665,105			657,869
18,725 24,054 705,664			748,442

N.b. Note 9 on page 26 sets out the comparative Statement of Financial Activities for 2022 as required by the Financial Reporting Standard 102.

Approved by the Parochial Church Council on 12[th] April 2023 (by email) and signed on its behalf by:

Rev. Dr. Rich Johnson

(PCC Chairman)

Mr. Grahame Lucas (Treasurer to the PCC)

Statement of Financial Activities (cont’d) 1[st] January to 31[st] December

Unrestricted Funds £	Total Funds	Prior Year Funds £
	£
18,725 3,711 3,272 0 0 13,847 3,223		(27,739) 1,725 3,272 212 158 12,547 2,589 (7,236) 239 7,643 2,466 15,377 503,082 0 27,174 105,000 519 43,510 11,246 11,950 648 0 2,534 (5,009) (21,998) (40,516) 1,242 665,105 657,869
	18,725

	3,711
	3,272
	0
	0
	13,847
	3,223
18,725 24,053 0	42,778
224 8,581 2,612 22,973 825,862 127 -18,993 105,000 -3,702 -196,488 -19,670 10,000 648 9,730 2,277 0 -47,255 1,071 2,667
	224
	8,581
	2,612
	22,973
	825,862
	127
	-18,993
	105,000
	-3,702
	-196,488
	-19,670
	10,000
	648
	9,730
	2,277
	0
	-47,255
	1,071
	2,667
705,664	705,664

18,725 24,053 705,664	748,442

Parochial Church Council of All-Saints Worcester Balance sheet as at 31[st] December 2023

nce sheet as at 31stDecember 2023
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 11,950 15,377 1,190	Note 4 Note 4 Note 4 Note 4 Note 5 Note 7 Note 6
	4,167
	10,000
	22,973
	1,268
	38,407	32,684
		6,229 615,122 18,334
	29,421
	670,200
	29,722
	729,343	639,685 14,500

	19,307
	19,307	14,500
	710,036	625,185

	748,442	657,869
		(27,739) 20,503 665,105
	18,725
	24,054
	705,664
	748,442	657,869

Parochial Church Council of All-Saints Worcester

Statement of assets and liabilities as at 31[st] December 2023

Unrestricted £ Designated £ Restricted £	Total this year £	Total last year £
685 0 0 583 0 0		626 564
	685
	583
1,268 0 0 0 0 10,000 0 0 22,973 0 0 4,167	1,268	1,190 11,950 15,377 4,167


	10,000
	22,973
	4,167
0 0 37,140 in hand -46,723 25,331 44,283 -1,413 0 18,421 3,993 -1,120 -2,942 59,702 0 580,000 1,171 0 0 807 0 0 2,523 0 0 87 0 0 26 0 0 453 0 0 106 6,723 0	37,140	31,493 15,429 12,418 0 590,257 1,061 786 2,523 87 26 439 2,905


	22,892
	17,007
	-69
	639,702
	1,171
	807
	2,523
	87
	26
	453
	6,829
20,732 24,211 646,484 0 0 8,494	691,427	625,930 7,526


	8,494
0 0 8,494 8,665 0 20,757	8,494	7,526 6,229


	29,421
8,665 0 20,757 lling due in one year 11,939 158 7,211	29,421	6,229 14,500


	19,307
11,939 158 7,211	19,307	14,500

18,725 24,054 705,664	748,442	657,869

Parochial Church Council of All-Saints Worcester Fund movement 2023

Fund movement 2023
Represented by: General fund(Unrestricted) Designated (unrestricted) funds Building Maintenance Fund Equipment & Furniture Fund Sound and Audio-Visual Fund Homes for Good New Wine National Lead Backfill Overseas Mission Partner Dev’t Vicar's Disc’ry Mission Support Vicar’s Sabbatical Donations fund Total Designated funds Total of all unrestricted funds Restricted funds Alpha Bell Ringers Fund Building Mnce & Dev’t 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 Grant Applied Hope for Justice Mainly Music National Grid Community Matters Organ Renovation Fund Resource Church Building Works Resource Church St Peter’s Plant Resource Church – Staff Youth Fund Total restricted funds Grand total	Opening £ Incoming £ Outgoing £ Transfers £ Gains / Losses £	Closing £
	(27,739) 322,222 289,491 13,656 77 1,725 1,986 0 0 0 3,272 0 0 0 0 212 0 0 -212 0 158 0 158 0 0 0 22,133 -22,133 0 12,547 0 -1,300 0 0 2,589 184 -450 0 0 0 6,792 12,000 5,208 0
		18,725

		3,711
		3,272
		0
		0
		0
		13,847
		3,223
		0
	20,503 31,095 10,408 -17,137 0	24,053

	(7,236) 353,317 299,899 -3,481 77	42,778
	239 0 15 0 0 7,643 1,323 385 0 0 0 23,340 27,817 4,477 0 2,466 146 0 0 0 15,377 0 -7,596 0 0 0 1,074 170 -904 0 503,082 399,549 76,769 0 0 0 127 0 0 0 27,174 0 46,167 0 0 105,000 0 0 0 0 519 0 4,221 0 0 43,510 20,809 260,808 0 0 11,246 0 30,915 0 0 11,950 0 1,950 0 0 648 0 0 0 0 0 2,004 1,912 -92 0 0 10,009 279 0 0 2,534 0 257 0 0 (5,009) 579,964 557,115 -17,841 0 (21,998) 0 25,256 0 0 (40,516) 99,668 75,922 17,841 0 1,242 5,976 4,551 0 0
		224
		8,581
		0
		2,612
		22,973
		0
		825,862
		127
		-18,993
		105,000
		-3,702
		-196,488
		-19,670
		10,000
		648
		0
		9,730
		2,277
		0
		-47,255
		1,071
		2,667
	665,105 1,143,989 1,106,913 3,573 0	705,662

	657,869 1,497,306 1,406,810 0 77	748,443

Note 1 - Analysis of income 2023.

Unrestricted £	Total this year £	Total last year £
212,845 0 140,669 39,159 0 19,220 1,086 184 1,175 7,724 0 2,367 0 0 6,105 207 0 33,124 100 0 39,279 5,763 0 48,519 41,086 0 51,259 2,767 5,533 0 1,269 2,767 809,584 0 0 0		300,270 71,897 523 3,774 11,476 26,050 36,616 61,903 64,479 4,751 380,095 53
	353,513
	58,378
	2,445
	10,091
	6,105
	33,331
	39,379
	54,282
	92,344
	8,300
	813,619
	0
312,006 8,484 1,151,301	1,471,787	961,887
3,997 0 2,101		13,302
	6,098
3,997 0 2,101	6,098	13,302
4,610 0 0		421
	4,610
4,610 0 0	4,610	421
650 0 0 0 0 0		206 1,000
	650
	0
650 0 0	650	1,206
0 1,986 0 960 13,833 2,013		0 15,561
	1,986
	16,806
960 15,819 2,013	18,792	15,561

322,222 24,304 1,155,413	1,501,938	992,377

Note 2 - Analysis of expenditure 2023

Unrestricted £	Total this year £	Total last year £
0 0 317 3,831 0 1,224		306 19,441
	317
	5,055
3,831 0 1,541	5,372	19,747
16,780 0 0 2,720 -1,642 360 337 0 12,000 0 0 0 73,822 0 0 797 0 0 64 0 0 57,339 0 148,846 0 0 1,251 0 0 30,692 0 0 1,807 350 0 156 5,704 0 0 1,365 0 0 4,696 0 49 1,601 0 0 16,384 0 8,937 57 0 8,266 2 50 0 0 0 1,912		6,650 7,613 3,774 1,000 76,500 0 299 139,408 2,879 30,692 3,088 0 9,991 553 4,861 1,699 24,759 12 1,640
	16,780
	1,438
	12,337
	0
	73,822
	797
	64
	206,185
	1,251
	30,692
	1,807
	506
	5,704
	1,365
	4,746
	1,601
	25,321
	8,323
	52
	1,912

Unrestricted £	Total this year £	Total last year £
398 0 0 0 0 0 1,638 0 224 0 0 385 1,000 0 0 0 0 718 1,142 0 15 2,906 0 0 0 0 260,474 0 0 0 0 0 100 0 0 216 0 0 3,936 0 0 3,196 0 0 1,950 0 0 -7,596 17,332 0 400 6,438 0 0 17,995 0 38,511 8,429 0 911 11,526 0 9 4,622 0 0 3,681 0 23,837 0 0 16,445 5,960 0 4,205 0 0 21,700	398	486 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
	0
	1,861
	385
	1,000
	718
	1,157
	2,906
	260,474
	0
	100
	216
	3,936
	3,196
	1,950
	-7,596
	17,732
	6,438
	56,506
	9,341
	11,535
	4,622
	27,518
	16,445
	10,165
	21,700

Unrestricted £	Total this year £	Total last year £
456 0 83 2,200 0 1,505 9,972 0 4,002 471 0 668 4,905 0 532,417 2,570 0 -584	539	503 4,949 12,606 1,198 187,226 0
	3,705
	13,973
	1,139
	537,322
	1,986
285,659 -1,592 1,122,003	1,406,070	784,901

289,490 -1,592 1,123,544	1,411,442	816,923

32,732 25,896 31,869	90,496	175,454

Note 1a – Within the Restricted column of note 2 - Analysis of income – Foodbank Restricted Funds 2023.

oodbank Restricted Funds 2023.
Incoming resources from generated funds Voluntary income 0101 – Regular giving 0201 - Other planned giving 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 08A1 - non-recurring grants 1400 – Other incoming resources INCOME TOTAL	Foodbank £	Foodbank thisyear £	Foodbank lastyear £
	132.875 18,723 541 3,876 30,555 39,279 48,519 44,202 105,046 1,500		150,863 25,648 0 9,127 23,840 36,426 59,903 29,481 178,602 3,292

		132,875
		18,723
		541
		3,876
		30,555
		39,279
		48,519
		44,202
		105,046
		1,500
	425,116	425,119	517,182

Note 2a – Within the Restricted column of note 2 - Analysis of expenditure – Foodbank Restricted Funds 2023.

oodbank Restricted Funds 2023.
Cost of generating funds - Cost of generating voluntary 1710 - Costs of applying for Grants 1730 - Costs of Activities Events Total Charitable activities 2050 - Staff salaries 1801– Franchise fee to Trussell Trust 2055 - Transport costs 2060 - Property Rent & Service Charges 2061 - Property Insurance 2062 – Property advisors (e.g. Fire & H&S) 2160 – Training 2190 - Worcester Food Bank costs 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 2301 – Insurance 2330 - Building Maintenance 2331 – Cleaning 2343 – Equipment 2344 – Foodbank Warehouse consumables 2360 – Administration 2370 - Bank charges 2401 – Electric 2410 – Gas 2420 – Water Total EXPENDITURE TOTAL TOTAL SURPLUS (DEFICIT)	Foodbank Restricted £	Foodbank Restricted thisyear £	Foodbank Restricted lastyear £
	income 317 345		306 1,209
		317
		345
	662	662	1,515
	77,082 360 1,251 30,692 1,807 156 50 10,718 265,742 0 100 216 3,936 3,196 1,950 400 9,734 911 5,014 11,177 4,205 83 1,505 4,002 668		30,328 360 4,324 30,692 1,642 0 0 10,621 123,747 15,995 120 11 1,245 2,547 1,950 380 3,697 155 6,747 12,293 4,586 214 2,033 1,140 606
		77,082
		360
		1,251
		30,693
		1,807
		156
		50
		10,718
		265,742
		0
		100
		216
		3,936
		3,196
		1,950
		400
		9,734
		911
		5,014
		11,177
		4,205
		83
		1,505
		4,002
		668
	434,954	434,954	255,433

	435,616	435,616	256,948

	(10,500)	(10,500)	260.234

Note 3 - Staff Costs 2023

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/Community Youth Missioner (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.

Payments to PCC members

During the year no payments of salary or wage were made to members of the PCC.

Missed Declaration added after APCM

During 2023 the PCC collected donations from the congregation and friends, towards a Pastoral Gift of £12,000 to the Vicar for his Sabbatical. The Vicar took no part in any discussions or decision making relating to this gift.

Related Party Transactions

The Church Treasurer is also a Trustee and Treasurer to Chapel House Ministries. During 2023 the PCC donated a grant of £1,000 to Chapel House Ministries. The Church Treasurer took no part in any discussions or decision making relating to this grant award.

The Vicar’s wife is employed by International Justice Mission (IJM). During 2023 the PCC donated a grant of £1,500 to IJM. The Vicar 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.

Another member of the PCC is a Trustee to Chapel House Ministries. During 2023 the PCC donated a grant of £1,000 to Chapel House Ministries. The PCC member took no part in any discussions or decision making relating to this grant award.

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 31stDec 2023	Depreciation charge to 2023 accounts
Foodbank Van VW Transporter T28 Startline SWB 102 PS 2.0 TDI	Purchased 25thFeb 2019. Forecast value on 31stDecember 2023 is £10,000*. Straight line depreciation = £1,950 p.a.	£19,750	£10,000	£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	£12,070	£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	£1,111	£185
104 St Helen’s Church Stackable chairs and 10 storage dollies.	Purchased on 21stJune 2023. Assume value depreciated by 25% in year one then the straight-line method assuming life span of 10years.	£11,717	£8,788	£2,929
Desk and Cabinet to house sound and audio- visual control equipment.	Purchased on 10th August 2023. Assume value depreciated by 40% in year one then the straight-line method assuming life span of 10years.	£4,499	£2,699	£1800

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. Similar vans on the market are selling for over £15,000.

Property / Purpose / Period	Date of Lease	Cost 2022	Cost 2023	Cost 2024
Renewal of Lease for Foodbank premises at Lowesmoor Wharf, five years1	From 21st June 2021 to 20t June 2026.	£30,000	£30,000	£30,000

Note 1: The lease contains a Tenant and Landlord break clause with nine monthsnotice, the Landlord only to exercise upon obtaining planning permission for development of the site. Rent remains the same.

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 increased by £76.89 during 2023 (reduced by £149.37 during 2022):

increased by£76.89 during2023(reduced by£149.37 during2022):
	2023 £
CCLA - Michael in Bedwardine Church Charity
Value as at 1st January 2023 (34.5 shares @ £18.149)	626.15
change in value	58.50
Value as at 31st December 2023(34.5 shares @ £19.844)	684.65

M&G - Michael in Bedwardine Church Charity
Value as at 1st January 2023 (521 shares @ 108.31p)	564.30
change in value	18.39
Value as at 31st December 2023(521 shares @ 111.84p)	582.69

Total value at year end	1,267.34

Note 5 - Debtors (Accounts receivable)

Note 5 -Debtors (Accounts receivable)
Fund: Receivable from: Resourcing Church Claim for December salaries and back claim for Youth Commissioner post Foodbank Recharge for electricity used by neighbour warehouse General HMRC Gift Aid for 2023 Foodbank HMRC Gift Aid for 2023 Various Miscellaneous claims for costs in advance for 2024	Amount £
	12,359
	3,595
	8,503
	4,597
	366
Total (£6,229 as at 31stDecember 2022)	29,421

Note 6 – Creditors – (Accounts Payable):

General HMRC Gift Aid for 2023 Foodbank HMRC Gift Aid for 2023 Various Miscellaneous claims for costs in advance for 2024 Total (£6,229 as at 31stDecember 2022) Note 6 –Creditors–(Accounts Payable):	8,503 4,597 366 29,421
Fund: Payable for: General Diocese – ministry share due Foodbank Trussell Trust – Tesco on-line order Various Pension fund payments for December payroll Various HMRC payments for December payroll General TBM Heating for All saints Boiler repair Various Miscellaneous claims for costs	Amount £
	8,005
	3,245
	2,449
	2,579
	1,776
	1,253
Total (£14,500 as at 31stDecember 2022)	19,307

Note 7 – Cash in Hand (cash held and cheques not banked as at 31[st] December):

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	2023 £	2022 £ 467 1,264 1,057
	106
	1,184
	5,422
Total	6,712	2,788

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:	Value 2023 £	Value 2022 £
Foodbank Food, toiletries, and household cleaning products donated by people and organisations weighing 108,659Kg (106,641Kg in 2022) Value in 2023 is £250,000 based on estimate of £2.50 / Kg	272,000	245,274
Foodbank Foodbank is staffed by volunteers – about 90 on average, value based on minimum wage.	90,000	85,000
Church Mission It is difficult to evaluate the total value of time donated by volunteers for general church work, mission, and ministry, but based on minimum wage.	45,000	42,000
Foodbank Supermarket Gift Cards – over 240 cards are donated each year with an average value of £60.	14,400	14,098
Foodbank Business Rates relief 2023/24	11,492	11,492
Foodbank Window Cleaning provided free of charge byClayton Window Cleaning	110	100
General Independent Examiner provides his work free of charge and requests this to be in aid of Foodbank	150	150
Total	433,152	398,114

Note 9 - Parochial Church Council of All-Saints Worcester

Statement of Financial Activities 1[st] January 2022 to 31[st] December 2022 for comparison with 2023 statement on page 11.

th 2023 statement on page 11.
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 £
	£	£	£	£
	236,476 24 725,387 4,538 0 8,764 421 0 0 206 0 0 13,269 0 3,292				585,809 1,698 51 743 30,073
				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	618,374 0 2,130 495,425 0


				0
				19,747
				784,901
				12,276
	269,722 870 546,331			816,923	497,555

	(14,812) (846) 191,112 15,200 3,488 50,057 0 (10,745) (58,000) (149) 0 0			175,453	120,819 7,487 (7,487) 65


				68,745
				(68,745)
				(149)
	238 (8,104) 183,169			175,304	120,883

	(27,977) 28,606 481,936			482,565	361,682

	(27,739) 20,503 665,105			657,869	482,565

Indgpendent Examinerfs Roport to the membersltru$t•es of All Salnts Church. Worcester. Parochlal Church Councll. I report on the accounts for the year ended 31st December 2023 which are set out on pages 110 27. A dispensation dated 22nd February 2024 was granted by the Charity Commission for the financi81 year tsnded 31 December 2023 only and allows an independent examination in Pla of an audit for this year. The dispensation was given based upon the infomation promded by the tfustees that.. the exceptional circumstances outlined mean that an audit would be disproportionate, there are no conslilutional or other requirements on the chartty which require an audit.. the charity is not incorporated under company law. The Charity Commission requested that the independent examinerfs report must disclose that the examination has taken place instead of an audit IRegulalion 311fj1 and state the dale of this dispensation. Respectlve responsibilities of the Trust•es and Independent Examiner Therefore, the charity's Iruslees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 lthe 2011 Act) and the dispensation given above, and that an independent examination is needed. 11 is my responsibility lo examine the accounts under section 145 of the 2011 Acl-, follow the procedures laid down in the General Directions given by the Charity Commissioners section 145151{bl of the 2011 Act., and slate whether particular matters have come to my attention. Basis of Independent Examinerfs Statement My examination was carried out in accordan with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and 8 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 concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequendy I do not express an audit opinion on the accounts. Independent Examiner's Statement In connection with my examination, no matters have me lo my attention, 1. which give me reasonable cause lo believe that in any material respect the requirements lo keep accounting records in accordance WTth 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 lo enable a proper erslanding of the accounts to be reached. . L+. Jt)J David Hibbitt BA{Hons} ACMA 3 Jenny Wren Row Droilwi¢h W0strshire. WR9 7FW 27

allsaints worcester

ANNUAL REPORT AND ACCOUNTS 2023

Contents

1. Introduction

2. Administrative information

3. Structure, governance and management

4. Objectives and activities

5. Achievements and performance

6. Financial review

6.1 Financial standing – the headlines:

7. Reserves policy

8. Funds held as a custodian for others

9. Plans for the future

10. Accounting Policies - for the year ended 31 December 2023

10.2 Incoming Resources

Voluntary income and capital resources

10.3 Resources used

Activities directly relating to the work of the Church

10.4 Fixed assets

Consecrated land and buildings and movable church furnishings

Other fixtures, fittings and office equipment

Investments

Current assets

10.5 Gifts in kind

Parochial Church Council of All-Saints Worcester

Statement of Financial Activities 1[st] January 2023 to 31[st] December 2023

Statement of Financial Activities (cont’d) 1[st] January to 31[st] December

Parochial Church Council of All-Saints Worcester Balance sheet as at 31[st] December 2023

Parochial Church Council of All-Saints Worcester

Statement of assets and liabilities as at 31[st] December 2023

Parochial Church Council of All-Saints Worcester Fund movement 2023

Note 1 - Analysis of income 2023.

Note 2 - Analysis of expenditure 2023

Note 1a – Within the Restricted column of note 2 - Analysis of income – Foodbank Restricted Funds 2023.

Note 2a – Within the Restricted column of note 2 - Analysis of expenditure – Foodbank Restricted Funds 2023.

Employee payments - Salaries

Payments to PCC members

Missed Declaration added after APCM

Related Party Transactions

Note 4.1 - Fixed Assets

Note 4.2 - Investments

Note 5 - Debtors (Accounts receivable)

Note 6 – Creditors – (Accounts Payable):

Donations of goods and services:

Note 9 - Parochial Church Council of All-Saints Worcester