Annual Report
&
Financial Statements
of the
Parochial Church Council Year ended 31[st] December 2022
Charity Number 1128699
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Vicar:
Rev Charles Trefusis
St John's Vicarage
St John’s Hill
Woodbridge
Bankers:
Bank of Scotland,
London and Barclays Bank,
Woodbridge
Independent Examiner:
Ensors
Saxmundham
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St John’s Church Woodbridge
Annual Report
General Information
Formal name of the Charity:
The Parochial Church Council of the Ecclesiastical Parish of St John's Woodbridge
Charity Registration Number: 1128699
Church address:
St John's Church, Castle Street, Woodbridge, Suffolk
Correspondence address:
St John's Church Office The Old Vicarage 24 St John's Hill Woodbridge Suffolk IP12 1HS
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Structure, Governance and Management
The Parochial Church Council (PCC) is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. In February 2009 the PCC registered with the Charity Commissioners as an independent charity with all the members of the PCC as trustees of the Charity.
The method of appointment of PCC members is set out in the Church Representation Rules. The membership of the PCC consists of all licensed clergy in Holy Orders, churchwardens, the licensed Readers, members elected by those members of the congregation who are on the electoral roll of the church and number co-options relative to the size of the electoral roll. All those who attend our services/members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC.
The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent.
Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules. All PCC members are Trustees of the Charity. During the year the PCC met 4 times and the following served as members of the PCC:
| The Rev Charles Trefusis (Vicar from June 2022) |
Lyn Spall (Churchwarden) SC |
Alan Nunn (Churchwarden, Vice Chairman)SC |
|---|---|---|
| Other Standing Committee members: |
Sue Simpson E. 2020,SC 2021 and 2022 |
Richard Bolt E. 2021,SC 2021 and 2022 |
| Ex officio members | ||
| The Rev Bill Herbert (SSM,ex-officio) |
Alan Weller (Layreader - ex-officio) |
Gay Nichols (Layreader - ex-officio) |
| Deanery Synod Representatives | ||
| Tony Allwood (Diocesan Synod)E.2019 |
Clare Johnston (DeanerySynod)E. 2020 |
Rosie Evans (DeanerySynod)E. 2020 |
| Elected PCC members | ||
| Pat House E. 2020 SC 2020 |
Noelle Gore E. 2021 |
Claire Marshall E. 2021,Resigned Oct 2022 |
| Luc Ray-Mathur E. 2021 |
Peter Plummer E. 2022 |
Fiona Watson E. 2022 |
| Alan Hawes E. 2022 (Treasurer) |
||
| E = Year elected | SC = Standing committee |
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Objectives and Activities
The St John's Mission Statement is: 'Loving God, Loving People, Sharing Jesus'. The objective of the PCC (as set out in the PCC (Powers) Measure 1956) is "to co-operate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical".
The PCC is responsible for maintaining the church buildings, which include:
St John's Church
-
The Old Vicarage, 24 St John's Hill, made up of meeting rooms and offices for church staff. It is used for children’s ministry on a Sunday.
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The Church Hall, which is used by St John's youth, for outreach events and occasional external organisations.
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44 Bury Hill, currently let commercially.
-
1 Andersons Way, currently used as accommodation for Children and Families worker
Achievements
Vicar’s review of activities
The Church has a number of ministry teams which have been working hard throughout the year to fulfil their objectives and develop their particular ministries.
Throughout the first half of 2022, the church continued to focus on and rebuild following the effects of the Covid pandemic, whilst at the same time being in a vacancy (or interregnum), until the appointment and licencing of Rev Charles Trefusis on 20th June. The church was ably led during the vacancy by church wardens (Alan Nunn and Lyn Spall), PCC, leaders and the staff team for whom the church is very grateful.
Our aim as a church is 'Loving God, Loving People, Sharing Jesus'. A main focus of the year has involved reconnecting with a number of the church members who have become disengaged with the church for a number of reasons. It has been encouraging to see many church members, ministries and numbers continue to grow.
During the spring, amongst other things, a holiday club was held with John Hardwick, and there were various joint churches events including Lent lunches and a Good Friday Walk of Witness and open-air service.
Summer highlights included the church supporting and being involved with the joint churches Big Family Day Out, a group from the church attending New Wine and the church also organised a successful Church Holiday at Sizewell Hall.
In the autumn, we relaunched our Sunday children’s Ministry, Kingdom Kids and also hosted a joint churches Light Party. Our youth meet weekly, as well as the older youth meeting on a Sunday evenings, as we intentionally seek to build up and value all our children and young people.
We also ran an Alpha course, held a successful social event, and continued to seek to reach out to bless the community through the Food Bank and Little Pantry. We now have a shopping trolley as a collection box for the local Woodbridge Foodbank at the back of the church each week which has increased donations.
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Our Sunday and midweek worship services and prayer are at the heart of our church’s life, mission and ministry. Everything is rooted in prayer, including a weekly prayer meeting on Tuesday evenings.
Looking ahead, the church will be spending time prayerfully discerning vision and direction for the coming years, with the process starting in January 2023.
All the above objectives and achievements rely on the enormous contribution made by church members as unpaid volunteers in the ministries and activities of the church. The PCC, itself comprised mainly of volunteers, acknowledges with thanks the crucial importance of the time and skills provided by so many church members to enable the ministry of St John’s to flourish and grow.
Services
Building on our Sunday service existing pattern, including Presence, we increased the frequency of our midweek Holy Communion service back to weekly and at the same time relaunched our Sunday children’s ministry.
During the summer we focussed our services on Listening to God, and then in the autumn on John’s Gospel as well as various special events including a café style service on 5[th] Sundays, reflecting in October on our care of creation and the environment.
During Covid-19, we started livestreaming our Sunday services. As people have come back into the building we have continued to livestream our services on You Tube, for those unable to get to church and also available for people to catch up on afterwards.
As a church we want to express our thanks to all the retired clergy, service leaders, preachers, musicians and readers for all their support and input during the interregnum and subsequently.
Pastoral Team Report
The Pastoral Team has met regularly over the past 12 months, continuing to support people in prayer and in practical ways, including visiting where appropriate.
Life Groups have maintained pastoral support for their members and the leaders remain the focal point for any issues raised.
In July 2022, the pastoral events group hosted a Jubilee tea for the elderly folk of the parish and beyond. It was well received after such a long break due to Covid. We continue to keep in touch with people by cards and visits, keeping them informed of services at St Johns.
Our faithful, caring Pastoral Team continues to support people in need, but our numbers have reduced as we have grown older! We would love to welcome new members who feel they have a heart for this important and vital work.
Sue Simpson and Alan Weller
Children and Families work
Little Gems has continued to run during term time throughout 2022. This year we finished each term with a service of celebration, the Easter and Christmas ones being particularly well attended. Each week we welcome around 25 families into the church and we have connected with more than 60 families during the year.
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Between January and July 2022 we ran TAG (after school club) on Thursday afternoons. This was attended by a small group of children who enjoyed Bible stories, games, craft and lots of other fun activities. After the summer term it was decided to close this group in order to focus on our Sunday kids ministry Kingdom Kids.
During the first part of the year we did not run any children’s groups during our Sunday morning services. However in September we launched Kingdom Kids for children in primary school. This group now has a small but committed group of children attending and our prayer is to see this group grow during 2023. We are also seeking to provide a fun and safe space for our preschool age children and their families during our Sunday worship which we will continue to develop during 2023.
In February 2022 we welcomed John Hardwick back to St John’s for our Holiday Club after a two year break due to lockdown. Adventure Cruise Holiday Club was attended by around 30 children who enjoyed exploring what it means to be a follower of Jesus through Bible stories, songs, quizzes and many more fun activities. Other events we have run this year have included an Easter Egg Hunt, The Big Family Day Out and The Light Party (both of which were run together with Quay Church), and a crib service on Christmas Eve.
We have also been able to reconnect with local schools following the pandemic and are now delivering assemblies regularly in four local primary schools as well as offering RE support in lessons at Woodbridge Primary school. We also ran Experience Easter for Woodbridge Primary School during March and were delighted to welcome them back to St John’s in December for their Christmas Concert.
Youth Ministry
Friday Night Youth (FNY) happens in the Church Hall on Term-time Friday evenings between 6.30pm and 8.30pm. It is for youth of secondary school age (11-18) to socialise together and discover Jesus in an accessible, welcoming way.
FNY was fortnightly until after Easter 2022. But having closed a small youth Lightwave group, Sally and Christopher Gaze offered to run alternate weeks enabling us to move to weekly sessions. This has increased the discipleship content at FNY alongside lots of fun and games.
Since September 2022 we have been covering the Youth Alpha material which will culminate in an away evening at the Place by the Water on 31[st] March, focussing on the Holy Spirit. We have social evenings and evenings that include Christian input.
We’ve had two outings since September: A bonfire evening and a Christmas bash at the Suffolk Ski Centre. Eight of our young people plus one leader (Ali Buchanan) are booked to go to Sizewell Hall in April for a Youth weekend organised by the Diocese. Also, we hope that more young people will join us at New Day Festival in the Summer which is a Youth festival similar to New Wine. Only two youth have booked so far from St John’s!
Who comes to FNY? Young people who enjoy coming along – having friends there is a big draw. Numbers have remained stable, but faces have changed quite a bit. The most encouraging thing is when they bring their friends along and the friends keep coming.
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| Term | Mean average attendance |
Range (low at half term) |
Families come to St John’s |
Youth from other churches |
Youth with No regular church connection* |
|---|---|---|---|---|---|
| Autumn 2021 | 12 | 7-15 | 9 | 3 | 6 |
| Spring2022 | 11 | 6-15 | 8 | 3 | 7 |
| Summer 2022 | 8 | 5-12 | 9 | 4 | 6 |
| Autumn 2022 | 11 | 7-16 | 8 | 5 | 9 |
| Spring2023 | 14 | 10-19 | 7 | 5 | 9 |
(*to our knowledge)
Since September the age/school year range of young people engaging with FNY/SNY have been as follows:
| follows: | |||||||
|---|---|---|---|---|---|---|---|
| Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | Year 11 | Year 12 | Year 13 |
| 1 | 5 | 4 | 4 | 6 | 2 | 4 |
SNY (Sunday Night Youth) has met fortnightly throughout this same period from 5pm -6.30pm to share food and study the bible and pray together. We would need more or different leaders to make this weekly. In Autumn 21 we had five young people coming to this group and since September we have regularly had three. Some of the year 10’s tried it, but did not keep coming – it has been appealing to four older youth who want to go deeper with God.
Training: Ali and Rosie attended the Raising Generations meetings at the New Wine National Leadership Conference and this has encouraged us to seek to see our provision and ministry to youth grow.
Mission and Outreach
Gifts to missionary organisations
St Johns has a long history of giving to local and global missionary organisations. We currently support the following charities where we have personal links:
-
Just42 – a Woodbridge based youth charity
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Place of Grace in Bangkok – John and Gillian Robinson
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OMF – Supporting David and Manuela Pawson in Japan
In addition, we support other Christian charities in their work. Further information is available on our mission pages https://stjohnswoodbridge.org.uk/Groups/272913/Mission.aspx
Hub, Repair Café and Little Pantry
The Hub Community Cafe meets every Monday morning in the Church hall, catering for both Church members and local residents. Between 25 and 40 people regularly meet for coffee, cake and conversation. Knitting, crosswords, newspapers, as well as good conversation, are all part of the morning. Recently the cafe has also been a hub for Ukrainian guests to meet fellow Ukrainians.
The Repair Café is a jointly run venture between Transition Woodbridge and St. Johns Church. Held monthly in St Johns Church, visitors arrive with anything which is broken and portable to try and get it repaired by the team of volunteers, so avoiding having to bin it. Between 20 and 40 repairs are
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undertaken each month. Many people set foot in our Church this way for the first time, or as external volunteers become comfortable in our Church building.
The Little Free Pantry, outside the Church hall, has been running for almost 2 years. Church members and local residents top it up (or via the trolley in the back of Church) with non-perishable food and toiletries. Anyone is then able to access these items 24/7. It has been more widely used this past winter than previously and the team are continually grateful to all who so generously donate and witness to our local community in this amazing way.
Ecumenical Relations
St John’s is a member of Churches Together in the Woodbridge Area (we changed the name recently) which plays an active part in the life of our town.
During Lent 2022, Lent Lunches took place weekly at the Salvation Army Hall, raising money for Christian Aid.
On 15th April 2022, we were able to hold our Good Friday Walk of Witness around the town after two years of holding it virtually. This involved members from the local churches walking a circuit around the town, pausing outside each church for a short meditation. The walk began and ended in Elmhurst Park and this year a short service was held here to mark the occasion of Jesus’ crucifixion. This was led by Major Alan Hill from the Salvation Army with members of other churches taking part.
We hold four meetings during the year and this year welcomed visiting speakers Christine Laverock speaking about local Eco projects and Laura Knight from the local Christians Against Poverty branch(CAP).
We had a stall at the Woodbridge Eco Fair during the summer and once again participated in the Big Family Day Out on Kingston Field, which gave local families a day of fun, food and the opportunity to hear the Gospel message.
Every home in Woodbridge, Melton, Ufford, Great Bealings and Bredfield received a Christmas card in December 2022 detailing the Christmas services in all our churches and the local Warm Rooms open around the town.
Individuals from the churches continue to work together volunteering at the Salvation Army Food bank.
Every member of each church is part of Churches Together so if you have an idea or would like to attend a meeting please get in touch with Lyn Spall.
Church buildings
Church owned buildings continue to be maintained and updated to look welcoming. Thanks are due to all those who support this in the many and varied tasks carried out by paid staff and volunteers. The church itself remains in good condition with minor works being completed in advance of the Quinquennial inspection due in 2023.
The Church Hall boiler was replaced in April after failing last winter. The hall is used primarily for the Hub café, for youth work, and the monthly men’s breakfast. There is a dangerous wall in the courtyard which is currently out of bounds due the potential danger of collapse. Permission has been sought to demolish and reinstate this in keeping with the conservation area. We expect this
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work to be completed in 2023. We are thankful to the volunteers who have kept the driveway and garden areas clean and tidy.
The Old Vicarage is showing its age and work has been scheduled to repair a number of windows and redecorate the exterior. This was due to happen in 2022 but the contractor was unable to complete the work before winter set in so it was deferred to 2023. The wall to St Johns Hill is being monitored as it is leaning. Initial reports from a structural engineer have suggested a way to stabilise it, and further engineering design work has been requested so that permission can be sought to remedy the wall. A number of large shrubs have been cleared to enable the work to progress.
Anderson’s Way remains the home of our Children and Families worker, and we expect to carry out minor works in the coming year following a long overdue inspection of the property which is scheduled for early 2023. The boiler was replaced in September after failing and being beyond repair.
During 2022 we carried out full redecoration and refurbishment of 44 Bury Hill, including replacement of the bathroom and cloakroom. The property is now at a very good standard and let commercially to a church family.
Financial
This year has seen a small reversal in our income and expenses. Our total income has increased by £16,000 whereas our expenses have increased by £47,500. We are so grateful for the many people who have continued with their giving to the Church. Our Income from investments has shown an increase of 39% on the previous year’s income to £7,259. Interest rates have started to increase and our dividends from investments have also shown an increase. The other significant change in income is the rental income received from Bury Hill.
Our diocesan quota increased slightly to £75,426 and we are pleased to note that Bredfield PCC were able to meet their share of the contribution in full. Our expenses increased as major work was undertaken on the property at Bury Hill where a total of £28,359 was spent and the cost of the holiday at Sizewell Hall of £12,199 although this was covered in full by the income received.
We continue to monitor interest received on our Short-term deposits and a small group continues to monitor our investments. The value of our investments decreased significantly during the year as the global recovery from Covid and the war in Ukraine had a significant impact on values. As Bury Hill is no longer used by the church to house an employee we have had to move this property to Investments held and is now shown in the accounts at market value rather than at cost. This increase in value of £272,837 has had a significant impact on our unrestricted funds. The investments give a much greater return than we can earn on cash deposits but the value of those funds is subject to greater variances in capital value. During the year £50,000 of our short-term deposits were invested in further units in longer term investments.
Our cash situation at the end of the year was lower than we would have liked mainly because of the costs spent on Bury Hill. The amount held in unrestricted and designated funds at the end of the year was £775,277 but £707,570 of this sum relates to property values, leaving £67,707 available to meet costs.
The PCC does produce a yearly budget but in 2022 the net result, ignoring investments was a deficit of £21,924. We have prepared a budget for 2023 taking into account our current income and likely
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expenses but this shows a deficit for the year in excess of £53,000 which if proved to be accurate will result in the deficit again having to be met from reserves.
We must be thankful for all the income we have received and are very grateful to the many who tithe regularly, as without the support from everyone we would not be able to achieve all that we do as a Church.
Reserves Policy
The balance on our general accumulated fund in reserves (ignoring property investments) is now £67,707, which is a decrease from the previous year.
The other unrestricted reserves, apart from property, are minor funds allocated by the PCC for specific purposes. The property funds held in unrestricted funds are not free reserves in that they relate to freehold property which would need to be sold to enable the funds to be available to spend.
The restricted funds are amounts that have been given to the Church for specific purposes and relate mainly to property and their future maintenance. At the year end the balance in our Fabric Fund was £185,781.
Church Workers Pension Fund
St Johns PCC participates in the Pension Builder Scheme section of CWPF for lay staff. The Scheme is administered by the Church of England Pensions Board, which holds the assets of the scheme separately from those of the Employer and the other participating employers. The Church Workers Pension Fund has a section known as the Defined Benefits Scheme, a deferred annuity section known as Pension Builder Classic and a cash balance section known as Pension Builder 2014.
Pension Builder Scheme
The Pension Builder Scheme of the Church Workers Pension Fund is made up of two sections, Pension Builder Classic and Pension Builder 2014, both of which are classed as defined benefit schemes.
Pension Builder Classic provides a pension for members for payment from retirement, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from time to time. Discretionary increases may also be added, depending upon the investment returns and other factors.
Pension Builder 2014 is a cash balance scheme that provides a lump sum that members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added by the Board before retirement. The bonuses depend on investment returns and other factors. The account, plus any bonuses declared, is payable, unreduced, from age 65.
There is no sub-division of assets between employers in each section of the Pension Builder Scheme. The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the SOFA in the year are the contributions payable (2022: £3,053, 2021: £2,981). A valuation of the Pension Builder Scheme is carried out once every three
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years. The most recent was carried out as at 31 December 2019. The next valuation is due as at 31[st ] December 2022.
For the Pension Builder Classic section, the valuation revealed a deficit of £4.8m on the ongoing assumptions used. At the most recent annual review, the Board chose to grant a discretionary bonus of 10.1% following improvements in the funding position over 2022. which will have acted to improve the funding position. There is no requirement for deficit payments at the current time.
For the Pension Builder 2014 section, the valuation revealed a surplus of £5.Sm on the ongoing assumptions used. There is no requirement for deficit payments at the current time. The legal structure of the scheme is such that if another employer fails, St Johns PCC could become responsible for paying a share of that employer's pension liabilities.
On behalf of St John's PCC
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PAROCHIAL CHURCH COUNCIL OF ST JOHN'S, WOODBRIDGE
CHARITY NUMBER 1128699
STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 December 2022
| Note INCOMING RESOURCES Voluntary Income 2(a) Activities for Generating Funds 2(b) Investment Income 2(c) Church Activities 2(d) TOTAL INCOMING RESOURCES RESOURCES EXPENDED Grants 3(a) Church Activities 3(b) TOTAL RESOURCES EXPENDED NET INCOMING/ (OUTGOING) RESOURCES Transfers between funds Revaluation - Gains on investments 5(b) NET MOVEMENT IN FUNDS BALANCES BROUGHT FORWARD AT 1 JANUARY 2022 BALANCES CARRIED FORWARD AT 31 DECEMBER 2022 |
Unrestricted Restricted Endowment Total Funds Funds Funds Funds 2022 2021 £ £ £ £ £ 93,403.58 115,255.27 - 208,658.85 207,742 5.00 - - 5.00 22 10,414.80 3,085.62 159.03 13,659.45 8,335 1,705.93 14,856.83 - 16,562.76 6,824 _ _ _ _ _ 105,529.31 133,197.72 159.03 238,886.06 222,923 _ _ _ _ _ 448.87 29,993.96 - 30,442.83 35,530 127,900.61 102,307.32 159.03 230,366.96 177,762 |
Unrestricted Restricted Endowment Total Funds Funds Funds Funds 2022 2021 £ £ £ £ £ 93,403.58 115,255.27 - 208,658.85 207,742 5.00 - - 5.00 22 10,414.80 3,085.62 159.03 13,659.45 8,335 1,705.93 14,856.83 - 16,562.76 6,824 _ _ _ _ _ 105,529.31 133,197.72 159.03 238,886.06 222,923 _ _ _ _ _ 448.87 29,993.96 - 30,442.83 35,530 127,900.61 102,307.32 159.03 230,366.96 177,762 |
|---|---|---|
| 128,349.48 132,301.28 159.03 260,809.79 213,292 _ _ _ _ (22,820.17) 896.44 - (21,923.73) 9,631 (207.59) 207.59 - - - 264,112.83 (43,261.88) (699.53) 220,151.42 55,475 _ _ _ __ _ 241,085.07 (42,157.85) (699.53) 198,227.69 65,106 534,192.27 517,950.97 6,017.28 1,058,160.52 993,054 __ _ _ _ ____ 775,277.34 475,793.12 5,317.75 1,256,388.21 1,058,160 ========= ========= ========= ========= ======= |
213,292 |
Page 13
PAROCHIAL CHURCH COUNCIL OF ST JOHN'S, WOODBRIDGE CHARITY NUMBER 1128699
BALANCE SHEET AT 31 DECEMBER 2022
| Note | |
|---|---|
| FIXED ASSETS | |
| Tangible Fixed Assets | S(a) |
| Investment Assets | S(b) |
| CURRENT ASSETS | |
| Debtors and Prepayments | 9 |
| Short Term Deposits | |
| Cash at bank and in hand | |
| CURRENT LIABILITIES | |
| Amounts falling due under 1 Year | 10 |
| NET CURRENT ASSETS | |
| TOT AL NET ASSETS | |
| PARISH FUNDS | |
| Unrestricted | |
| Restricted | 7 |
| Endowment |
| TOTAL | TOTAL |
|---|---|
| 2022 | 2021 |
| £ | £ |
| 359,141.82 | 359,141.82 438,751 |
| 774,391.89 | 774,391.89 427,078 |
| 1,133,533.71 | 1,133,533.71 865,829 |
| 9,202.87 | 5,749 |
| 120,146.82 | 190,122 |
| 6,745.65 | 10,976 |
| 136,095.34 | 206,847 |
| 13,240.84 | 14,516 |
| 122,854.50 | 192,331 |
| 1,256,388.21 | 1,058,160 |
| --------- | ·-------- |
| 775,277.34 | 534,192 |
| 475,793.12 | 517,951 |
| 5,317.75 | 6,017 |
| 1,256,388.21 | 1,058,160 |
| --------- | ======= |
Approved by the Parochial Church Council on 20th March 2023, and signed on its behalf by:
..... @ .,· ····••iCho,chwa,deo) Rev C Trefusis ALLENS ME LO The notes on pages 15 to 20 form part of these accounts.
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PAROCHIAL CHURCH COUNCIL OF ST JOHN'S, WOODBRIDGE CHARITY NUMBER 1128699
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2022
1 Basis of accounting
The accounts (financial statements) have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014, the Financial Reporting Standard for Smaller Entities (FRSSE), and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.
The accounts (financial statements) have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following the Accounting and Reporting by Charities:Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practise effective from 1 April 2005 which has since been withdrawn.
2 Funds
Endowment funds are funds, the capital of which must be retained either permanently or at the PCC's discretion, the income derived from the endowment funds is used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established.
The Endowment funds include the investments, funds, income and expenditure of the following endowed charities of which the Church Wardens are the trustees -
Cornelius Welton's Charity Fanny Fenella Ratcliffe Memorial Charity William Culham
Titcombe Benefaction
Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor, and (b) revenue donations or grants for a specific PCC activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average basis.
Unrestricted funds are income funds which are to be spent on the PCC's general purposes.
Designated funds are general funds set aside by the PCC for use in the future. Funds designated as invested in fixed assets for the PCC's own use are abated in line with those assets' annual depreciation charge in the SOFA. Designated Funds remain unrestricted and the PCC will move any surplus to other general funds.
Incoming Resources
Planned giving, collections and simular donations are recognised when received. Tax refunds are recognised when the income resource to which they relate is received. Grants and Legacies are accounted for when the PCC is entitled to the use of the resources, their ultimate receipt is considered reasonably certain and the amouts due are readily quantifiable. Dividends are accounted for when declared receivable, interest as and when accrued by the payer. 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 expected to be paid over is accounted for when due. All other expenditure is generally recognised when it is incurred and is accounted for gross.
3 Fixed Assets
Consecrated and benefice property is not included in the accounts in accordance with S10(2)(a) and (c) of the Charities Act 2011.
Moveable 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).
Equipment used within the church premises is depreciated on a straight line basis over four years. Individual items of equipment with a purchase price of £250 or less are written off when the asset is incurred. For inalienable property acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.
No depreciation is provided as the current estimated residual value of the property is not less than its carrying value and the remaining useful life of the building exceeds 50 years, so that any depreciation charges would be immaterial. Investments in CCLA are valued at market value as at the year end date. The freehold property was valued by Potters Estate Agents at open market value.
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PAROCHIAL CHURCH COUNCIL OF ST JOHN'S, WOODBRIDGE CHARITY NUMBER 1128699
NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2022
| 2 INCOMING RESOURCES 2(a) Voluntary Income Planned giving Gift Aid donations Gift Aid recoverable Other planned giving Cash Collections Donations Legacies 2(b) Activites for generating funds Church Office 2(c) Income from investments Interest from short term deposits Dividends on CBF Investment Funds Rental Income - Bury Hill 2(d) Church activities Fees for weddings and Funerals Church Hall lettings - Local community use Old Vicarage Lettings- Community use Toddlers Marriage Course FinnyMusic Games and Cafe Hubs Sizewell Holiday TOTAL INCOMING RESOURCES |
Unrestricted Restricted Endowment Total Funds Funds Funds Funds 2022 2021 £ £ £ £ £ 48,374.67 59,976.44 - 108,351.11 103,747 12,813.69 14,994.11 - 27,807.80 26,139 29,951.97 38,564.40 - 68,516.37 70,213 1,863.24 596.33 - 2,459.57 1,326 400.01 1,123.99 - 1,524.00 1,317 - - - - 5,000 |
|---|---|
| 93,403.58 115,255.27 - 208,658.85 207,742 |
|
| 5.00 - - 5.00 22 |
|
| 5.00 - - 5.00 22 |
|
| 1,479.40 1,198.59 - 2,677.99 1,417 2,535.40 1,887.03 159.03 4,581.46 3,787 6,400.00 - - 6,400.00 3,130 |
|
| 10,414.80 3,085.62 159.03 13,659.45 8,334 |
|
| 598.00 - - 598.00 267 443.00 - - 443.00 465 - - - - 4,290 664.93 - - 664.93 469 - - - - - - - - - 45 - 2,658.23 - 2,658.23 1,289 - 12,198.60 - 12,198.60 - |
|
| 1,705.93 14,856.83 - 16,562.76 6,825 |
|
| 105,529.31 133,197.72 159.03 238,886.06 222,923 ========== ========= ========= ======== ======= |
Page 16
PAROCHIAL CHURCH COUNCIL OF ST JOHN'S, WOODBRIDGE CHARITY NUMBER 1128699
NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2022
| 3 RESOURCES EXPENDED Note 3(a) Grants Missionary and charitable giving - 8 3(b) Church Activities Ministry -diocesan parish share other ministry costs Youth and children - staff costs Youth and children's activities Church running expenses and Maintenance Cost of services Church Hall - running costs Old Vicarage - running costs Property Costs - Bury Hill Property Costs - Andersons Way FinnyMusic Discretionary Funds Support costs - Outreach - Toddlers - Games and Café Hubs - Pastoral - Bredfield Church Office Sizewell Depreciation TOTAL RESOURCES EXPENDED |
Unrestricted Restricted Endowment Total Funds Funds Funds Funds 2022 2021 £ £ £ £ £ 448.87 29,993.96 - 30,442.83 35,530 _ 448.87 29,993.96 - 30,442.83 35,530 _ 75,426.00 - - 75,426.00 75,092 2,381.89 - - 2,381.89 3,893 874.56 23,329.80 - 24,204.36 23,981 3,074.00 - - 3,074.00 1,956 2,272.90 10,887.26 - 13,160.16 10,512 1,905.37 - - 1,905.37 1,475 70.28 10,155.67 - 10,225.95 3,815 365.06 9,954.05 - 10,319.11 10,874 28,358.85 - - 28,358.85 986 3,448.04 - - 3,448.04 920 - 37.77 - 37.77 - - 240.00 - 240.00 - 3,215.11 - - 3,215.11 1,336 163.01 - - 163.01 92 - 1,810.93 - 1,810.93 600 86.57 1,031.50 159.03 1,277.10 368 2,820.00 - - 2,820.00 2,820 657.97 32,661.74 - 33,319.71 36,390 - 12,198.60 - 12,198.60 - 2,781.00 - - 2,781.00 2,652 _ 127,900.61 102,307.32 159.03 230,366.96 177,762 _ 128,349.48 132,301.28 159.03 260,809.79 213,292 ========== ======== ======= ======== ======= |
|---|---|
Page 17
PAROCHIAL CHURCH COUNCIL OF ST JOHN'S, WOODBRIDGE
CHARITY NUMBER 1128699
NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2022
| 4. STAFF COSTS Wages and Salaries Social Security Costs Pension Costs During the year the average number of employees was 5 (2021:5), none of whom earned £50,000 p.a. or more. 4 (b). TRANSACTIONS WITH RELATED PARTIES Name Relationship Description C Johnston PCC Member - Childrens and Family Worker N Gore PCC Member - Office Co-ordinator S Gore Husband of PCC Member Maintanence Worker There were no other disclosable transactions in respect of PCC members, persons closely connected with them or other related parties. 4(c).TRUSTEE EXPENSES The number of trustees who were paid expenses were The expenses relate to Ministers expenses and travelling and total 5. FIXED ASSETS FOR USE BY THE PCC Freehold Equipment Fixtures & 5(a) Tangible Fixed Assets Property Fittings Cost £ £ £ At 1 January 2022 466,612 34,188 22,112 Additions in year - 334 - Transfer to Investments (77,162) - - Disposals - - - At 31 December 2022 389,450 34,522 22,112 Depreciation At 1 January 2022 31,880 31,573 20,708 Charge for the year - 1,714 1,067 Disposals - - - At 31 December 2022 31,880 33,287 21,775 Net Book Value at 31 December 2022 357,570 1,235 337 ======= ======= ======= Net Book value at 31 December 2021 434,732 2,615 1,404 ======= ======= ======= |
4. STAFF COSTS Wages and Salaries Social Security Costs Pension Costs During the year the average number of employees was 5 (2021:5), none of whom earned £50,000 p.a. or more. 4 (b). TRANSACTIONS WITH RELATED PARTIES Name Relationship Description C Johnston PCC Member - Childrens and Family Worker N Gore PCC Member - Office Co-ordinator S Gore Husband of PCC Member Maintanence Worker There were no other disclosable transactions in respect of PCC members, persons closely connected with them or other related parties. 4(c).TRUSTEE EXPENSES The number of trustees who were paid expenses were The expenses relate to Ministers expenses and travelling and total 5. FIXED ASSETS FOR USE BY THE PCC Freehold Equipment Fixtures & 5(a) Tangible Fixed Assets Property Fittings Cost £ £ £ At 1 January 2022 466,612 34,188 22,112 Additions in year - 334 - Transfer to Investments (77,162) - - Disposals - - - At 31 December 2022 389,450 34,522 22,112 Depreciation At 1 January 2022 31,880 31,573 20,708 Charge for the year - 1,714 1,067 Disposals - - - At 31 December 2022 31,880 33,287 21,775 Net Book Value at 31 December 2022 357,570 1,235 337 ======= ======= ======= Net Book value at 31 December 2021 434,732 2,615 1,404 ======= ======= ======= |
2022 £ 54,983 754 3,053 __ 58,790 ======= 2022 26,145 16,226 5,106 2022 1 608 2022 Total £ 522,912 334 (77,162) - |
2021 £ 53,328 1,091 2,981 |
|---|---|---|---|
| __ 57,400 ======= 2021 25,607 12,353 1,452 2021 1 2,723 2021 Total £ 526,658 990 - (4,736) |
|||
| 389,450 34,522 22,112 |
446,084 | 522,912 | |
| 31,880 31,573 20,708 - 1,714 1,067 - - - |
84,161 2,781 - |
86,196 2,651 (4,686) |
|
| 31,880 33,287 21,775 |
86,942 | 84,161 | |
| 357,570 1,235 337 ======= ======= ======= 434,732 2,615 1,404 ======= ======= ======= |
359,142 ======= 438,751 ======= |
438,751 ======= 440,462 ======= |
The freehold land and buildings comprise the Church Hall, the Old Vicarage and 1 Andersons Way Woodbridge, and are valued at cost. The property at 44 Bury Hill, Woodbridge has been transferred to investment property during the year. No depreciation is charged against such property except that improvements are written off over 12 years Equipment and Fixtures and Fittings used within PCC premises is depreciated at the following rates - General Equipment on a straight line basis at 25% per annum Computer Equipment on a stright line basis at 33% per annum Fixtures and Fittings on a straight line basis at 25% per annum
Page 18
PAROCHIAL CHURCH COUNCIL OF ST JOHN'S, WOODBRIDGE CHARITY NUMBER 1128699
NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2022
5.FIXED ASSETS (continued)
| 5(b) Investment fixed assets Movements in the year: Market value - 1 January 2022 Purchases at cost Transfers in Net gains (losses) on annual revaluation Market value - 31 December 2022 |
Investment Other Total Total Property investments 2022 2021 £ £ £ £ - 427,078 427,078 321,604 - 50,000 50,000 50,000 77,162 - 77,162 - 272,838 (52,686) 220,152 55,474 |
|---|---|
| 350,000 424,392 774,392 427,078 |
Other investments: CCLA holdings at 31 December 2022
1,155 shares in the COIF Charities Investment Fund
8,665.58 Accumulation units in the CBF Global Equity Income Fund
2,739.34 Accumulation units in CBF Investment Fund
22,063.94 Accumulation units in CBF UK Equity Fund
6,796.33 Income units in CBF Investment Fund
Investment property: Freehold Property at 31 December 2022 - 44 Bury Hill Woodbridge
6. ANALYSIS OF NET ASSETS
| 6. ANALYSIS OF NET ASSETS Fixed assets For Church Use Investment Assets Current assets Current liabilities Fund balance |
Unrestricted Restricted Endowment Total Total Funds Funds Funds 2022 2021 £ £ £ £ £ 359,142 - - 359,142 438,751 421,500 347,574 5,318 774,392 427,078 7,876 128,219 - 136,095 206,847 (13,241) - - (13,241) (14,516) |
|---|---|
| 775,277 475,793 5,318 1,256,388 1,058,160 |
Included in unrestricted funds are funds designated by the PCC for specific projects. At 31 December 2022, £680,397 had been designated (2021: £407,280)
7. FUND DETAILS
The endowment funds are permanent endowment which requires the income to be spent on the elderly.
The movements in restricted funds are as follows -
| Fund Name Old Vicarage Capital Fund Old Vicarage Fabric Fund General Capital Fund Spire Fund Church Fabric Fund Property Fabric Fund Outreach Fund Young Peoples Fund Pastoral Fund Pastoral Transport Fund Discretionary Fund Leadership Training Fund Concert Fund FinnyMusic WMAG Bursary Fund Faith & Misson Fund Repair Café Hub Café Total Restricted Funds |
Fund Incoming Outgoing Gains/ Fund Open Bal Resources Resources Losses Clos Bal 70,358 - - - 70,358 76,326 1,985 - (7,461) 70,850 17,717 - - (2,058) 15,659 91,408 13 - (12,674) 78,747 206,560 290 - (21,068) 185,782 10,902 4,027 (3,001) - 11,928 14,833 377 - - 15,210 9,126 232 - - 9,358 1,050 26 - - 1,076 2,699 68 (1,031) - 1,736 1,268 28 (240) - 1,056 1,185 - - - 1,185 543 - - - 543 3,638 - (3,638) - - 8,930 265 (265) - 8,930 932 912 - - 1,844 476 1,753 (980) - 1,249 - 1,112 (830) - 282 |
|---|---|
| 517,951 11,088 (9,985) (43,261) 475,793 |
Page 19
PAROCHIAL CHURCH COUNCIL OF ST JOHN'S, WOODBRIDGE
CHARITY NUMBER 1128699
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2022
| 8. GRANTS Total Value of grants 8.1 GRANTS MADE TO INSTITUTIONS Grants to institutions in excess of £1,000 are noted below:- Name of Institution Purpose Just 42 Ltd Christian Youth Work in Woodbridge Area Overseas Missionary Fellowship Serve the peoples of East Asia Crosslinks Support for Link Missionaries TEAR Fund Relief Work Worldwide Prison Fellowship Support for Youth Work and Youth Work in UK Route2Freedom Makericks 7 Other Charities- all under £1,000 9 DEBTORS AND PREPAYMENTS Prepayments and accrued income Taxation 10 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR Creditors for goods and services Social Security and pension costs |
Grants to Grants to Institutions Individuals 30,443 - |
Grants to Grants to Institutions Individuals 30,443 - |
|---|---|---|
| Amount of Grant 8,400 7,500 5,000 1,554 1,300 1,200 1,200 4,289 30,443 2022 2021 6,613 3,478 2,589 2,271 _ 9,202 5,749 _ 2022 2021 12,855 13,949 386 567 _ 13,241 14,516 _ _ |
||
| 13,241 14,516 _ _ |
11 CAPITAL COMMITMENTS
The PCC had not authorised any capital expenditure at 31 December 2022. (2021: £Nil)
Page 20
INDEPENDENT EXAMINERS REPORT TO THE PAROCHIAL CHURCH COUNCIL OF ST JOHN'S CHURCH WOODBRIDGE FOR THE YEAR ENDED 31 DECEMBER 2022 I report to the members on my examination of the accounts of St John's Church Woodbridge Parochial Church Council for the year ended 31 December 2022. Respon5ibilitle5 and bas15 of report As members of the Parochial Church Council you are responsible for the preparation of the accounts in accordance with the Charities Act 20111'the Act'l. I report in respect of my examination of the Parochial Church Council's account5 carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under Section 14515llbl of the Act. Independent examinerfs Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect,. the accounting records were not kept in accordance with section 130 of the Act: or the accounts did not accord with those accounting re£ords.' or the accounts did not tomply with the applicable requirements concerning the form and contents of accounts set out in the Charitie5 (Accounts and Report51 Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which 15 not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Carl Page FCCA En50rs Accountants LLP Member of the Institute of Chartered Accountants in England and Wales IICAEWI Blyth House Rendharn Road Saxmundham Suffolk IP17 IWA Dated= 37 March 2023 21