## **HEDNESFORD PAROCHIAL CHURCH COUNCIL Deanery of Rugeley Diocese of Lichfield**
## **Annual Reports & Financial Statements - Year ended 31 December 2023**
## Contents
||Contents|||
|---|---|---|---|
|||Page||
|Annual reports|||1 - 6|
|Independent Examiner’s Report|||7|
|Statement of Financial|Activities||8|
|Balance Sheet|||9 - 10|
|Notes to the Accounts|||11 - 16|
||.**Incumbent**|||
||Reverend Paul Kelly|||
||The Vicarage|||
||Church Hill|||
||Hednesford|||
||Staffordshire|||
||WS12 1BD|||
**Bank Independent Examiner** Lloyds Bank Plc Alan W Durose 3 Market Place Wynniatt-Husey Limited Cannock The Old Coach House Staffordshire Horsefair WS11 1BD Rugeley Staffordshire WS15 2EL
**Registered Charity Number 1128668**
## **Hednesford Parochial Church Council**
## **Annual Reports**
## **Year ended 31 December 2023**
## **Trustees**
The following people served as Trustees and members of the PCC during 2023
Rev'd Paul Kelly (Chairman) Caron Thomas (Reader) William Cooper (Treasurer) Graham Martin (Church Warden) Kathryn Kelly Emma Cardinal (Reader) Granville Henderson Tina Henderson
Rev'd Ann Kelly (Associate Minister) Bryn Wellings (Reader) Jane Lane (Deanery Synod rep.) Julie Richards (Church Warden) Sharon Jagger Jane Martin (Secretary) Sally Jenkins Bob Maxfield
## **Objectives and Activities**
The PCC is committed to enabling as many people as possible to worship at our churches and to become part of our parish community. The PCC maintains an overview of worship throughout the parish and makes suggestions on how services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament. This work is summarised in the words of our **Parish Mission Statement:**
## **The family of Hednesford Parish love and worship God as they care for each other and the community and actively seek to bring others to know Jesus Christ.**
To facilitate this work it is important that we maintain the fabric of the Parish Church of St Peter its Church Hall Complex and Churchyard together with the district church of St Saviour and be responsible for the financial management of the whole Parish.
## **Parochial Church Council Meetings took place as follows:**
- 23-01-23
- 20-03-23
- **23-04-23 APCM**
- 06-07-23
- 28-09-23
- 20-11-23
- `o` (2024 to date: 22-01-24,02-02-2024, and 14-04-24 APCM
-
- )
-
_**Page 1**_
- The **Parochial Church Council** structure comprised of 18 Members on 31[st] December 2022:
- The Vicar [Incumbent & Chair]
- 2x Churchwardens
- 6x Ex-officio Members
- [Incumbent, 3x Readers, 2x Deanery Synod Reps]
- 9x Elected Members [2 places are vacant]
- There were 2x Co-option following the APCM
-
- There were no changes to the structure in 2023.
- All meetings begin with **Devotional Prayer & Reflection** and conclude in prayer.
-
- Full meetings include as a minimum:
- **Parish Mission and Outreach**
- **Parish Finances**
- [including payment of Parish Share]
- **Parish Infrastructure**
- [including maintenance, etc]
- **Health & Safety** and **Safeguarding Issues**
- **Receiving Reports**
- [Including Church Hall Committee, Deanery Synod, Social Committee etc]
```
o
```
## **Warden’s Report**
The Churchyard Group have met occasionally in the past year. We have been indebted to Trevor Saunders working with Sally Saunders throughout 2023, who has not only managed the financial aspects of the churchyard providing relevant and up to date information, but also co-ordinated maintenance work and kept an eye on the physical state of the Church Yard through frequent visits.
Sharon Jagger has also kindly joined this group. Overall the Churchyard just pays its way. There is continuing concern regarding statues and memorabilia which have inappropriately been added to graves and we were suffering with badgers who like to dig up the turf around the graves being pleased to report the badgers have now moved to new territory and their disruption has ceased..
The Church Hall Group has met occasionally during the year. Eunice Haycock has worked tirelessly to maintain the bookings and functioning of the Church Hall virtually on her own and we are very grateful to her.
The retained window cleaner and cleaner continue to work to a good standard and save us doing the work voluntarily. We remind members that having this done for us relies on the additional cost being provided from the generosity of the congregation.
## During 2023 the following were completed:
Replacement Church chairs (most of the cost being met from a generous legacy received). Replacement lounge chairs ( contribution towards cost Received from Town Council)
.
## _**Page 2**_
All old furniture has been disposed of and the old photocopier has gone to a new home. Comprehensive PAT testing has again been completed.
The annual testing of the fire safety equipment took place.
A major section of the church driveway was repaired eliminating potholes and the car park was re-lined and mobility access parking defined.
## Ongoing into 2024 are the following:
Church heating system upgrade progresses slowly expected to be completd by 4 April 2024.
The external double doors to the Hall will need replacing in the near future. Some work will need to be done on the Church globe light fittings.
Replacement of the Notice board [for which we have another generous legacy] should take place this year.
_Page 3_
## **Incumbent’s Report**
## **WORSHIP**
It has been good in 2023 to Worship God in our Services. Our Sunday services continue in our pattern of Worship: 9.30 a.m. Traditional Worship (Communion & Service of the Word) 11 a.m. Contemporary Family All Age Worship with occasional Communion, Baptism (twice a Month) and Worship & Prayer Activities. This Service began in September 2021. This Service has now been renamed ‘ENCOUNTER’ and has seen growth during this period. Our Wednesday ‘Open Church’ from 10 a.m. to 12 Noon with an 11 a.m. Communion continues to grow, we also give opportunity for FOODBANK donations to be received.
We have enjoyed worship during special times in our Church Calendar during the Church Seasons of Lent & Holy Week, Easter, Ascension, Pentecost, Advent & Christmas and at Harvest & Remembrance we also hosted the CIVIC SERVICE this year as well as the CIVIC Carol Service. **PASTORAL MINISTRY / OCCASIONAL OFFICES**
Pastoral Ministry Teams led by Bryn Wellings with Claire Standley and Eunice Haycock with Caron Thomas. It has been good to be able to go out into homes with Communion. Funerals continued to be held in Church and at Crematorium.
Weddings in 2023 were few in number and this continues to be a trend in many churches at this time.
We have held Baptism Preparation Evenings, thank you to Kathryn & Emma who have been the team on duty for these. Baptisms take place within our new 11 a.m. Service twice a month, and families have attended church on 4 occasions leading up to the Baptism.
At the moment we have not recommenced services in Nursing Homes, this has been due to lack of people who are available to help in this ministry.
## **SOCIAL & FUNDRAISING**
During 2023 we were able to have fund raising events throughout the year, including two Church Fairs.
Other fund raising activities took place, including regular Coffee Mornings.
I would like to thank **Kathryn Kelly** for her oversight of the Social and Fundraising in our church, but thank you to everyone who has taken part and organised different events.
## **ST. PETER’S Church of England Academy School**
It has been good to have the children from our Church School in Church on a regular basis and we have welcomed a different year group (60 children) each Tuesday at 10.10 a.m. as well as the occasional year group visits. We also were able to recommence Year Presentations at special times: Easter, Harvest and Christmas including the whole school and parents and families. We had our first School Communion since Covid restrictions and this was the first time for all of the pupils and some of the staff, after four years.
The Year 6 Leavers Service came back into Church in 2023, the first time since 2019, it was good to give thanks for the experience that Year 6 have had through their time at St. Peter’s Primary Academy even during difficult times during the Pandemic.
The School Steel Pan Band also took part in the Carol Concert at the Hednesford Town Football Club.
The school had a display at our Light Festival in the Church during Advent and people were very impressed by their display about Light Festivals in different religions.
We also recommenced Foundation Governor Meetings.
## **CONGREGATION**
Our congregational numbers have not returned to pre-pandemic times, but we continue to welcome new people into church, there is still slow growth in numbers.
Our 11 a.m. Service continues to grow, but patterns of attendance can vary from week to week. Positive feedback from Baptism congregations include comments about how much church has changed and ‘I didn’t know church could be like this!’ The comments have been positive.
We are aware that the majority of our Congregation are getting older and this means that less _**Page 4**_
people are able to serve in various ways as they have done in the past in our Church life. We need as a Church to encourage younger people and families to be a part of our regular congregation and to bring their giftings with them.
## **CHURCH HALL**
Thank you to **Eunice** who continued to look after the Hall during 2023. Class One Dance Academy have continued as our main user, but we have also had The Towns Women’s Guild, Mix & Mingle. The Men’s Group (Hednesford Old Boys) and Rainbows & Brownies.
## **HEDNESFORD CHURCHES TOGETHER**
It has been good to be able to meet together as Ministers during 2023 and we were also able to hold our Good Friday Walk of Witness. Other times of sharing included Week of Prayer for Christian Unity, Lent group meetings etc.
## **COMMUNITY**
We held a Remembrance Sunday Service followed by a Parade to the War Memorial and through the town to the Soldiers Club.
I was also able to lead the Hednesford Town Football Club Christmas Carol Concert at Keys Park, this included St. Peter’s Academy School ‘Steel Pan Band’ and Class One Dance Academy who sang and danced.
We continued to support the Cannock and District Foodbank with collections of food and supplies Our Mix & Mingle group continues to grow and is a place for those who are seeking company and friendship.
We also had two CIVIC SERVICES in our church which were well attended and had positive feedback from Local, District and County Councillors and the Deputy Lord Lieutenant of Staffordshire.
## **SHAPING FOR MISSION**
## **OUR PARISH PLAN FROM 2021 WITH COMMENTS:**
## **Below is the Outline of our Hednesford Parish Plan:**
## 1.What is your vision/plan for building/strengthening relationships with your local community? **In line with the Church of England we are looking at a vision to be a SIMPLER, HUMBLER and BOLDER CHURCH and to engage in partnerships to reach out to our community.**
1. **GROWING A YOUNGER CHURCH –** looking at ministry to families, children and youth. Developing a new 11 a.m. service which is family and child friendly. Beginning separate Children and Youth groups.
**We continue to develop our 11 a.m. Service and we are slowly seeing growth in numbers, these services also have activities available for children. MESSY CHURCH - although we did not have messy church happening on a regular basis we did hold some Easter Craft Days with volunteers from the church. This is an area which needs to be developed. We also had a visit from the Puppets to our 11 a.m. service.**
2. **GROWING A SHARING CHURCH –** enabling sharing our faith through words and deeds. Reaching out to our community. Being actively involved in the already developing Hednesford Churches Together. Encouraging the Brownie group who have recently moved into our church Hall.
- **We continue to invite the Brownies to special times in our Church calendar and welcome them and other young people organisations to our Remembrance service. This is something that we need to work on in this next year.**
3. **GROWING A CARING CHURCH -** Strengthening our work with the Foodbank, continuing to develop our ‘Mix & Mingle’ group for senior citizens who may be lonely. Continuing our journey in becoming a Dementia friendly church & a Place of Welcome. **Our Mix & Mingle Group has seen growth in numbers, and the programme has been developed by Jane Martin to include Craft and Painting sessions. We are continuing to work toward Dementia friendly Church and Place of Welcome Status.**
- **Foodbank donations are still being supported by our congregation.** _Page 5_
4. **GROWING A PRAYING CHURCH -** To strengthen the work of our prayer group and to expand into less formal prayer ministry, forming prayer bubbles / partners and chains. **We have continued to meet as Prayer Group every month. More developments in Prayer ministry need to be explored.**
5. **GROWING A DEEPER CHURCH –** through teaching, prayer and Bible study groups and through running courses including Alpha / Christianity Explored etc. **We have met for Lent groups and Advent. We are looking to recommence Home Group Studies in 2024.**
During 2023 we have moved our Parish Plan forward and we have joined with Churches within our Deanery with special speakers and shared resources. More developments will be happening in 2024.
## **FINANCE**
I would like to thank everyone who has continued to give financially toward the mission of St. Peter’s Church in the Parish of Hednesford during 2023.
We were in a difficult position during 2023 and were headed toward more deficit in relation to our Common Fund (Parish Share). The PCC had to take action in order to pay off our arrears and we used funds from the sale of St. Saviour’s Church to offset the deficit. We have paid our Parish Share in 2023, but we are aware that 2024 will see us unable to pay our full Parish Share without some significant increase in our income, through giving and through fees and fund raising, we also need to look at ways to cut back on our expenditure.
So I would ask you once again to look at raising your giving in light of the increased costs faced by our church during a very difficult financial time for everyone.
**Because no one has come forward to take on the Treasurer’s role in our Parish, the PCC have had to arrange for a paid Book-Keeping Service to keep our accounts for us, this does mean that more money is needed to pay for this service, please be aware of this when you review your own personal giving to the Church.**
## **Thank you for your giving during 2023, please continue to give toward the ministry of our church in the community of Hednesford.**
As we move forward as a Church we acknowledge that we will face challenges, but we need to claim the promises of God for us and we need to give thanks for the ways in which he has cared for us in the past. The Lord is our Shepherd, he has and will continue to care for us to lead us and to provide for us.
Please continue to PRAY & ACT in the name of our Lord Jesus Christ and to the Glory of God.
_**Page 6**_
## **Independent Examiner’s Report to the Parochial Church Council of Hednesford**
## **St Peter's Parish Church**
I report on the accounts for the year ended 31 December 2023 which are set out on pages 8 to16.
## . **Respective responsibilities of the Trustees and Independent Examiner**
As trustees and members of the PCC you are responsible for the preparation of the financial statements and 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 s.145 of the 2011 Act.
- follow the procedures laid down in the General Directions given by the Charity Commissioners section 145(5)(b) 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 trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in full audit, and consequently I do not express an audit opinion on the accounts.
## **Independent Examiner’s Statement**
In connection with my examination, no matters have come to my attention:
1) which give me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with s.130 of the 2011Act; or
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 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.
Alan W Durose, Wynniatt-Husey Limited _**Wynniatt-Husey Limited**_ The Old Coach House, Horsefair, Rugeley, Staffordshire. WS15 2EL 19 March 2024
## _**Page 7**_
## **Hednesford Parochial Church Council – 1128668**
## **Statement of Financial Activities**
## **For the period from 01 January 2023 to 31 December 2023**
||Unrestricted|Restricted Endowment|Restricted Endowment|Total|Prior year|
|---|---|---|---|---|---|
||Funds|Funds Funds||Funds|total funds|
|**_Income and endowments from:_**||||||
|Donations and legacies|70,213.62|—|—|70,213.62|53,459.25|
|Income from charitable activities|25,753.51|—|—|25,753.51|33,350.75|
|Other trading activities|3,607.64|—|—|3,607.64|3,203.22|
|Investments|3,986.16|176.66|—|4,162.82|1,148.82|
|Other income|—|—|—|—|—|
|**Total income and endowments from:**|**103,560.93**|**176.66**|**—**|**103,737.59**|**91,162.04**|
|**_Expenditure on:_**||||||
|Raising funds|—|—|—|—|116.25|
|Expenditure on charitable activities|116,977.09|—|—|116,977.09|111,413.66|
|**Total expenditure on:**|**116,977.09**|**—**|**—**|**116,977.09**|**111,529.91**|
|**Net income / (expenditure)**|**(13,416.16)**|**176.66**|**—**|**(13,239.50)**|**(20,367.87)**|
|||||||
|**_Transfers_**||||||
|Gross transfers between funds - in|15,606.40|—|—|15,606.40|7,600.00|
|Gross transfers between funds - out|(14,237.50)|(1,368.90)|—|(15,606.40)|(7,600.00)|
|**Net income / (expenditure)**|**(12,047.26)**|**(1,192.24)**|**—**|**(13,239.50)**|**(20,367.87)**|
|**_Other recognised gains / losses_**||||||
|Gains / losses on investment assets|—|—|—|—|—|
|Gains on revaluation, fixed assets, charity's own use|—|—|—|—|—|
|**Net movement in funds**|**(12,047.26)**|**(1,192.24)**|**—**|**(13,239.50)**|**(20,367.87)**|
|**_Reconciliation of funds_**||||||
|**Total funds brought forward**|**658,889.50**|**5,120.59**|**—**|**664,010.09**|**684,377.96**|
|**Total funds carried forward**|**646,842.24**|**3,928.35**|**—**|**650,770.59**|**664,010.09**|
_**Page 8**_
**Hednesford Parochial Church Council Balance Sheet as at 31 December 2023**
**31/12/2023 31/12/2022**
## **Fixed assets**
## **Current assets**
## **Liabilities**
## **Reserves**
|6430: Halls
6431: Printer and copier
6432: Sound system
6433: Hymn Books purchased (St P)
6434: Hymn book trolley (St P)
6435: Audio Visual System
6436: Fire Proof Safe
**Total Fixed assets**
6501: P C C current account
6502: 32 Day Deposit account
6505: Parish Churchyard bank account
6510: CCLA (CBF) deposit account
6515: St Peters church hall bank
6590: Cash in hand
Z05: Accounts Receivable
**Total Current assets**
6601: Creditors
6699: Agency collections
Z04: Accounts Payable
ZO6: Creditors falling due after 1 year
**Total Liabilities**
**Net Asset surplus (deficit)**
Excess / (deficit) to date
Z01: Starting balances
Z02: Other gains/(losses)
**Total Reserves**|550,000.00
550,000.00
—
—
—
—
—
—
—
—
—
—
—
—
**550,000.00**
**550,000.00**
1,151.36
2,470.80
65,547.68
113,783.87
2,743.70
5,966.76
29,634.28
41,773.53
1,883.17
1,454.07
—
—
—
—
**100,960.19**
**165,449.03**
189.60
51,438.94
—
—
—
—
—
—
**189.60**
**51,438.94**|
|---|---|
||**650,770.59**
**664,010.09**|
||(13,239.50)
(20,367.87)
664,010.09
684,377.96
—
—
**650,770.59**
**664,010.09**|
Page 9
**----- Start of picture text -----**
Represented by Funds
Unrestricted 621,936.31 622,736.56
Designated 24,905.93 36,152.94
Restricted 3,928.35 5,120.59
Endowment — —
Total 650,770.59 664,010.09
**----- End of picture text -----**
Approved by the Parochial Church Council on 21 March 2024 and signed on its behalf by :
Reverend Paul Kelly (PCC Chairman) _**Paul Kelly**_
The notes on pages 9 to14 form part of these accounts.
_**Page 10**_
**Hednesford Parochial Church Council – 1128668**
**Analysis of Income and Expenditure For the period 01 January 2023 to 31 December 2023**
**Total Total**
## **Unrestricted Designated Restricted Endowment This year Last year**
## **Income and endowments**
## _**Donations and legacies**_
|0101 - Gift Aid - Bank|9,530.00|—|—|—|9,530.00|9,010.00|
|---|---|---|---|---|---|---|
|0110 - Gift Aid - Envelopes|5,808.40|—|—|—|5,808.40|5,310.00|
|0201 - Other planned giving|4,553.70|—|—|—|4,553.70|6,635.62|
|0301 - Loose plate collections|6,033.85|—|—|—|6,033.85|6,930.30|
|0401 - Regular gift days|—|—|—|—|—|—|
|0410 - Giving through church boxes|69.00|—|—|—|69.00|—|
|0501 - One-off Gift Aid gifts|—|—|—|—|—|—|
|0510 - Gifts of quoted securities|—|—|—|—|—|—|
|0550 - Donations appeals etc|7,004.61|—|—|—|7,004.61|3,387.62|
|0601 - Tax recoverable on Gift Aid|5,214.06|—|—|—|5,214.06|5,515.71|
|0701 - Legacies|25,000.00|—|—|—|25,000.00|5,000.00|
|0801 - Recurring grants|—|—|—|—|—|—|
|08A1 - Non-recurring one-off grants|1,500.00|—|—|—|1,500.00|950.00|
|0901 - Other funds generated|5,500.00|—|—|—|5,500.00|10,720.00|
|0905 - C L & C G Brigade income|—|—|—|—|—|—|
|0906 - Junior Church income|—|—|—|—|—|—|
|**_Donations and legacies Totals_**|70,213.62|—|—|—|70,213.62|53,459.25|
|**_Income from charitable activities_**|||||||
|1101 - Fees for weddings and funerals|14,393.25|—|—|—|14,393.25|23,807.75|
|1102 - Fees Remembrance book|49.50|—|—|—|49.50|—|
|1210 - Bookstall sales to promote|—|—|—|—|—|—|
|objectives|||||||
|1230 - Church hall lettings - objectives|11,310.76|—|—|—|11,310.76|9,543.00|
|**_Income from charitable activities_**|25,753.51|—|—|—|25,753.51|33,350.75|
|**_Totals_**|||||||
|**_Other trading activities_**|||||||
|0910 - Fund raising|3,607.64|—|—|—|3,607.64|3,203.22|
|1220 - Bookstall sales - fund raising|—|—|—|—|—|—|
|1240 - Church hall lettings - fund raising|—|—|—|—|—|—|
|1250 - Magazine income - advertising|—|—|—|—|—|—|
|1260 - Parish magazine sales|—|—|—|—|—|—|
|**_Other trading activities Totals_**|3,607.64|—|—|—|3,607.64|3,203.22|
|**_Investments_**|||||||
|1001 - Dividends|—|—|—|—|—|—|
|1020 - Bank and building society|2,536.24|1,449.92|176.66|—|4,162.82|1,148.82|
|interest|||||||
|1030 - Rent from lands or buildings|—|—|—|—|—|—|
|**_Investments Totals_**|2,536.24|1,449.92|176.66|—|4,162.82|1,148.82|
|**_Other income_**|||||||
|1310 - Insurance claims|—|—|—|—|—|—|
|1320 - Surplus - sales of fixed assets|—|—|—|—|—|—|
## _**ther income Totals**_
— — — —
_**—**_
_**Page 11**_
**Income and endowments Grand totals**
102,111.01
1,449.92
176.66
103,737.59 91,162.04
—
## **Expenditure**
|**_Raising funds_**|||||||
|---|---|---|---|---|---|---|
|1710 - Costs of applying for grants|—|—|—|—|—|—|
|1720 - Costs of stewardship campaign|—|—|—|—|—|—|
|1730 - Costs of fetes & other events|—|—|—|—|—|116.25|
|1740 - Investment management costs|—|—|—|—|—|—|
|**_Raising funds Totals_**|—|—|—|—|—|116.25|
|**_Expenditure on charitable activities_**|||||||
|1801 - Giving to missionary societies|300.00|—|—|—|300.00|300.00|
|1830 - Giving - relief and development|—|—|—|—|—|—|
|agencies|||||||
|1850 - Home mission|—|—|—|—|—|—|
|1870 - Secular charities|984.50|—|—|—|984.50|1,726.60|
|1901 - Stipends quota|—|—|—|—|—|—|
|1910 - Ministry parish share etc|40,649.00|—|—|—|40,649.00|64,900.00|
|2001 - Assistant staff costs|—|—|—|—|—|—|
|2050 - Salary of parish administrator|—|—|—|—|—|—|
|2101 - Working expenses of incumbent|409.04|—|—|—|409.04|162.14|
|2120 - Council tax|—|—|—|—|—|—|
|2130 - Vicarage expenses|367.79|—|—|—|367.79|329.00|
|2140 - Water rates - vicarage|—|—|—|—|—|—|
|2145 - Parsonage - water|—|—|—|—|—|—|
|2150 - Vicar's telephone|453.50|—|—|—|453.50|542.40|
|2170 - Education|—|—|—|—|—|—|
|2175 - Pebbles and Creche|56.30|—|—|—|56.30|—|
|2201 - Parish training and mission|—|—|—|—|—|—|
|2202 - Green Heath Community Church|—|—|—|—|—|—|
|2301 - Church running - insurance|992.08|—|—|—|992.08|917.39|
|2310 - Church - internet|609.69|—|—|—|609.69|313.03|
|2320 - Organ / piano tuning|—|—|—|—|—|—|
|2325 - Organist and Verger costs|1,500.00|—|—|—|1,500.00|1,500.00|
|2330 - Church maintenance|33,192.53|—|—|—|33,192.53|2,858.02|
|2331 - Cleaning|10.00|—|—|—|10.00|—|
|2340 - Upkeep of services|538.90|—|—|—|538.90|585.43|
|2345 - Choir and Brigade support costs|1,365.83|—|—|—|1,365.83|—|
|2350 - Upkeep of churchyard|13,869.31|—|—|—|13,869.31|16,374.42|
|2359 - Printer Lease Rental|1,688.88|—|—|—|1,688.88|1,841.64|
|2360 - Administration|1,843.96|—|—|—|1,843.96|1,720.81|
|2361 - Postage and stationery|116.11|—|—|—|116.11|213.32|
|2362 - Depreciation|—|—|—|—|—|—|
|2370 - Refreshments/Flowers/Gifts|827.07|—|—|—|827.07|625.56|
|2401 - Church running - electric|763.57|—|—|—|763.57|733.23|
|2410 - Church running - gas|2,622.29|—|—|—|2,622.29|1,414.53|
|2420 - Church running - water|226.00|—|—|—|226.00|235.98|
|2430 - Church running - oil|—|—|—|—|—|—|
|2440 - Church running - St Saviour|—|—|—|—|—|—|
|(closed)|||||||
|2501 - Magazine expenses|—|—|—|—|—|—|
|2510 - Bookstall costs|—|—|—|—|—|—|
|2520 - Hall running - oil|—|—|—|—|—|—|
|2530 - Hall running - electricity|2,280.84|—|—|—|2,280.84|3,452.35|
|2540 - Hall running - gas|1,705.94|—|—|—|1,705.94|880.96|
|2550 - Hall running - insurance|876.00|—|—|—|876.00|876.00|
**Page 12**
|2560 - Hall running - maintenance|8,647.96|—|—|—|8,647.96|8,830.85|
|---|---|---|---|---|---|---|
|2570 - Hall running - administration|—|—|—|—|—|—|
|2580 - Hall running - water|—|—|—|—|—|—|
|2590 - Hall running - heating and|—|—|—|—|—|—|
|lighting|||||||
|2601 - Governance costs|80.00|—|—|—|80.00|80.00|
|examination/audit fee|||||||
|2701 - Church major repairs - structure|—|—|—|—|—|—|
|2710 - Church major repairs -|—|—|—|—|—|—|
|installation|||||||
|2720 - Church interior and exterior|—|—|—|—|—|—|
|decorating|||||||
|2801 - Hall + major repairs - structure|—|—|—|—|—|—|
|2820 - Hall + major repairs - installation|—|—|—|—|—|—|
|2830 - Hall + interior and exterior|—|—|—|—|—|—|
|decorating|||||||
|2840 - Other PCC property upkeep|—|—|—|—|—|—|
|2901 - New building parsonage house|—|—|—|—|—|—|
|2910 - New building house for curate|—|—|—|—|—|—|
|2915 - New Churchyard costs|—|—|—|—|—|—|
|2920 - New building Church|—|—|—|—|—|—|
|2930 - New building Hall|—|—|—|—|—|—|
|**_Expenditure on charitable_**|116,977.09|—|—|—|116,977.09|111,413.66|
|**_activities Totals_**|||||||
|**Expenditure Grand totals**|116,977.09|—|—|—|116,977.09|111,529.91|
_**Page 13**_
**Hednesford Parochial Church Council**
## **Notes to the Financial Statements**
## **Year ended 31 December 2023**
## . **Accounting Policies**
The financial statements have been prepared in accordance with the Statement of Recommended Practice or Charities (SORP 2015) together with applicable accounting standards (FRSSE) or (FRS 102).
The financial statements have been prepared under the historical cost convention. The financial statements 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. The tax recoverable on gift aid is only recorded when received from the Inland Revenue.
## **.Fixed Assets**
Consecrated and benefice property is excluded from the accounts by s.10(2)(a)&(C) of the Charities Act 2011.
Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church's inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.
|Tangible fixed assets|Tangible fixed assets|Church|
|---|---|---|
|||Equipment|
|||£.p|
|Actual cost|1 January 2023|15,087.81|
|Additions||-|
|Disposals||-|
||at 31 December 2023|15,087.81|
|Depreciation|at 1 January 2023|15,087.81|
|Charge for the|year (at 20% straight line)|-|
|Relating to disposals||-|
||at 31 December 2023|15,087.81|
|Net book value at 31 December 2023||£ 0.00|
||at 31 December 2022|£ 0.00|
## **.Description of Funds**
**Restricted funds** comprise of two elements:-
a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest
b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment interest is apportioned to individual funds on an average balance basis.
_**Page 14**_
**Hednesford Parochial Church Council**
## **Notes to the Financial Statements (continued)**
## **Year ended 31 December 2023**
**Unrestricted funds** are income funds which are to be spent on the PCC's general purpose.
## **Incoming Resources**
Planned giving, collections and donations are recognised when received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.
## **Resources Expended**
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.
## **Funds Reconciliation - 2023**
||**Reserves**|**Incoming**|**Resources**|**Reserves**|
|---|---|---|---|---|
||**1 January**|**Resources**|**Expended**|**31 December**|
|**Unrestricted Funds:**|622,236.56|101,204.52|102,304.77|621,136.31|
||||||
|**_Designated Funds_**|||||
|1) Contingency|18,189.69|1,235.43|10,900.00|8,525.12|
|2) Junior/St.Peter's|331.01|17.01||348.02|
|3) Organ|5,332.78|535.41|400.00|5,468.19|
|4) Churchyard|12,800.22|565.14|2,000.00|11,365.36|
||||||
|**Restricted Funds:**|||||
|1) CL&CG Brigade|1,365.83||1365.83|0.00|
|2) St Peter's Repair|3,754.00|180.08|6.49|3,927.59|
|3) Organ|0.00|||0.00|
|4) Churchyard|0.00|||0.00|
||||||
|**Total Funds**|**664,010.09**|**103,737.59**|**116,977.09**|**650,770.59**|
_**Page 15**_
## **Hednesford Parochial Church Council**
## **Notes to the Financial Statements (continued)**
## **Year ended 31 December 2023**
|**Debtors**
~~a~~|**2023**|**2022**|
|---|---|---|
|~~a~~
~~Ge~~|£0.00
~~Ge~~|£0.00
~~Ge~~|
|~~Ge~~
~~a~~|£0.00
~~Ge~~|£0.00
~~Ge~~|
|~~a~~
~~a~~|||
|**Total**
~~a~~
~~a~~|**£0.00**|**£0.00**|
|~~a~~
~~Ge~~|~~Ge~~|~~Ge~~|
|**Creditors**
~~a~~|||
|~~a~~
~~a~~|||
|Amounts falling due in one year
~~a~~
~~a~~|||
|Lloyds Bank
~~a~~
~~Ce~~|£61.01
~~Ce~~|£0.00
~~Ce~~|
|Parish Share–Current
~~Ge~~|£00.00
~~Ge~~|£50,992.00
~~Ge~~|
|Rev’d P Kelly Expenses
~~Ge~~|£128.59
~~Ge~~|£446.94
~~Ge~~|
|Short term loan
~~Ge~~
~~a~~|£0.00
~~Ge~~|£00.00
~~Ge~~|
|**Total**
~~a~~
~~Ge~~|**£189.60**
~~Ge~~|**£51,438.94**
~~Ge~~|
|~~Ge~~|~~Ge~~|~~Ge~~|
## **Analysis of Net Assets**
||**General**
**Unrestricted**
**Funds**|**Designated**
**Funds**|**Restricted**
**Funds**|**Total**|
|---|---|---|---|---|
|Fixed Assets|£550,000.00|||£550,000.00|
|Current Assets|£72,125.91|£24,905.93|£3,928.35|£100,960.19|
|Current Liabilities|£189.60|||£189.60|
|**Total**|**£621,936.31**|**£24,905.93**|**£3,928.35**|**£650,770.59**|
Proceeds from the sale in January 2012 of the church and surrounding land at St. Michael's, Rawnsley are held by Lichfield Diocesan Trust on behalf of the PCC. The balance at 31 December 2022 was **£17,099.23** a withdrawal of £5,500 from these funds occurred in 2023 to pay for car park repairs and line marking leaving a balance of **£11,599.23 a** t 31 December 2023. Interest earned by this deposit is paid to the PCC account quarterly.
Grants given to other Charities during the year totalled **£1,284.50** and consist of:
- Toybox £300.00 Multiple Sclerosis £103.00
- Katherine House £ 61.00 Compton Care £ 55.00 The Mose Group £ 61.00
- Tree of Hope £255.00 Alzheimers Society £ 61.00 Poppy Appeal £105.00
- Cancer Research UK £227.00
Various small donations £ 56.50
_**Page 16**_