# **The Parochial Church Council of the Ecclesiastical Parish of Paignton Registration Number: 1128706** **Annual report of the Parochial Church Council for the Year Ended 31[ST] December 2023** ## **The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706** ## **Annual report of the Parochial Church Council for the year ended 31[ST] December 2023** ## **Aim and purposes** The Parochial Church Council (PCC), in accordance with the PCC (Powers) Measure, has the responsibility of cooperating with the incumbent, the Reverend Neil Knox, in promoting the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of the Churches and church halls. ## **Objectives and Activities** The PCC is committed to enabling as many people as possible to worship and to become part of the parish community. Committed to making Christ known, the PCC maintains an overview of worship throughout the parish and makes suggestions on how services can involve the many groups that live within the parish. The services and worship put faith into practice through prayer and scripture, music and sacrament. We try to enable people to live out their faith as part of our parish community through: - Worship and prayer, studying the scriptures and growing in faith and trust in Christ. - Provision of pastoral care for people living in the parish. - Outreach work. - Encouraging community life. To facilitate this work, the PCC is also specifically responsible for the maintenance and fabric of its church’s and church halls. The PCC endeavours to maintain a level of giving to missionary or charitable causes both within and outside the parish. ## **Achievements and Performance** During 2022 a significant piece of work to identify and address regulatory and procedural shortfalls applicable to both the physical buildings and the nature of their use by both the church congregation and community was undertaken. This work identified a need for significant financial investment and effort to bring them successfully into compliance and which commenced in 2022 and has continued throughout 2023 as outlined in the Annual Fabric Report. Elsewhere significant preparatory work was completed in 2023 for the following activities that will be completed or initiated in 2024: - The completion of an end-to-end parish review to produce a new Mission Action Plan that meets the emerging needs of the parish, wider community and church and aligns with the Diocesan Next Steps vision and plan. - Completion of the recruitment process and licensing of an Associate Priest to replace the departed Licensed Lay Worker Captain Jeff Hill. - The installation of a camera-based live-stream facility in St John’s church. - The installation of multiple external security features including external - CCTV cameras and associated signage, PIR lights and security fence. - The replacement of all internal lighting within St John’s church with LED lighting through a ‘Give to Go-Green’ grant application. During 2023 the parish also: - Held very successful and well-attended church services and garden fetes for the celebration of King Charles III coronation. - Held successful and well-attended church summer fetes and harvest lunches. > [b ] ## **The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706** ## **Annual report of the Parochial Church Council for the year ended 31[ST] December 2023** - Undertook very successful and well-attended Advent and Lent study groups alongside ‘Breakfast with the Bible’ across during both liturgical seasons. - Saw significant growth of the ecumenical Men’s Breakfast held at Paignton Rugby Club. - Held very successful Advent activities including Christmas Fayre, Christmas tree festival, three primary and one secondary school nativity events and the Sea Scouts nativity in addition to those held by the church itself. - Hosted successful external events in church for the RBL Poppy appeal with Torbay Police and Community Choir and Riviera Brass band as well as South Devon choir recitals. - Successfully secured a grant of £5k towards external cameras from Westerleigh. - Successfully secured a grant of £12k from Safer Streets Funding 5 for external security features for St John’s church including external - CCTV cameras and signage, PIR lights and a security fence. - • Put in place a financially profitable 1-year rental agreement for Voncap Recruitment and Development utilising two underutilised rooms at St Boniface. - Participated and held outreach events in the Foxhole estate including: ‘Autumn Fest’ celebration, provided a craft space at the ‘Community Christmas Extravaganza’ and led carol singing around Foxhole Estate amongst many others. ## **REPORTS** ## **Parish Electoral Roll** The Parish Electoral Roll for 2023 was 149. Number of participants (attending at least once a month) was 100. Attendance figures increased significantly at major festivals. ## **Financial Review** The total receipts on unrestricted funds amounted to £152,153 and are detailed in the financial statements: designated income was £Nil and restricted income amounted to £13,653. Total income £165,806. Total unrestricted expenditure was £123,449 showing an excess of unrestricted income over expenditure of £28,704. At 31st December 2023, fixed assets were valued at £232,532, debtors and prepayments £16,336, short-term deposits £372,333, cash at bank and in hand £10,374 with liabilities of £8,710, giving total assets of £622,865. ## **Fabric Report** In accordance with the requirements of the Ecclesiastical Jurisdiction and Care of Churches Measure 2018, Section 50, the churchwardens completed an inspection of the fabric of the church and all articles appertaining to the church and reported it to the PCC. During 2023 the churchwardens continued to address the most urgent outstanding matters to enable the parish and occasional hirers to continue using our churches and church halls as well as a number of new issues that arose as a result of regulatory inspections, vandalism and items reaching end of life status. As a consequence, there remains extensive urgent items that are listed on the Quinquennial Inspection reports that will need addressing in Summer/Autumn 2024. ## **Furniture and Fittings** ## _St John’s Church_ - The broken internal CCTV cameras and recording system were replaced in September 2023. - The internal fire alarm system was replaced with a commercial grade system in October 2023. > [c ] ## **The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706** ## **Annual report of the Parochial Church Council for the year ended 31[ST] December 2023** - The faulty roof alarm system was replaced with a camera-based system approved by Ecclesiastical Insurance in November 2023. - The leaks on the vestry and sacristy roofs of St John’s remain a concern. Temporary plastic sheeting is in place which has significantly reduced ongoing water ingress but the completion of the end-to-end faculty process for a comprehensive repair needs to be addressed during 2024. A visit by DAC representatives in June 2023 highlighted repairs also needed to be undertaken to the fall pipes, brickwork, leadwork and slate tiles all along the south side of the church building. - A replacement statue of St Michael for the one smashed in the Kirkham chapel in July 2023 during the church desecration has been acquired and a date is being sourced with the Bishop of Plymouth for its installation and blessing during 2024. - The church clock remains broken with no update on the repair timetable from Torbay Council. - The organ requires a service and repair with several digital stops no longer working. - There are several main altar frontals and several chasubles which need urgent repair. The PCC have approved repairs using funds from a designated account. ## **Coverdale Hall** The Coverdale Hall is falling into an increasingly dilapidated state primarily due to usage (through hirers) beyond and above the envisaged levels. - Excessive dampness has led to substantial levels of mould appearing across the south and eastfacing walls. Investigations as to the source of the damp are ongoing. - There remain several kitchen white goods in the kitchen in need of replacement. - A permanent compliant fire escape solution for disabled users in the event remains outstanding. - • The kitchen extractor fans need replacing. - A solution for the non-compliant doors and main hall wall cladding remains outstanding. - The female toilets are in need of major repair or replacement. ## **St Boniface Church** The following installations took place at St Boniface Church and Church Hall in 2023: - January 2023 a phase three electrical supply was installed to enable a new non-fossil fuel heater to be fitted into the main hall. - February 2023 a new fan powered heater was fitted in the main hall to replace the gas fired heater condemned in April 2022. - February 2023 electrical wall heaters were fitted in the Crediton room and rear hallway to replace the gas fired heater in the Crediton room condemned in April 2022. - May 2023 Six smashed or pellet shot windows replaced. - Fire door opening mechanisms replaced with compliant locks. - June External and internal CCTV security cameras fitted. - September 2023 The main hall fluorescent lights were fully replaced by LED lights. - October 2023 Kitchenette fitted into main hall. - October 2023 External tap and toilet extractor fans fitted. - November 2023 Rewiring of room two (Voncap) and installation of a new wall heater. - November 2023 New fire alarm fitted. - November 2023 Church bell removed, and base of the mount sealed to prevent further water ingress through into the sacristy where water damage damaged the roof and walls beneath. ## **Churchyard and Grounds Maintenance** _St John’s Church_ > [d ] ## **The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706** ## **Annual report of the Parochial Church Council for the year ended 31[ST] December 2023** - In January and May 2023, the council’s grounds maintenance representatives (Westerleigh) completed significant path repairs where members of the public had made alleged fall complaints. - In June 2023 the council’s grounds maintenance representatives (Westerleigh) undertook major removal of a large bough (15/20m) which had broken off the Silver Lime tree in the south area of the churchyard breaking several headstones. - In August 2023 the council’s grounds maintenance representatives (Westerleigh) undertook some major tree and shrubbery removal, under faculty, to the north, east and south corners of the Churchyard where trees were either striking the church wall/roof or needed clearing for the installation of cameras to tackle the drug use and anti-social behaviour identified with the police and council. - The drug use and anti-social behaviour has reduced markedly since the PCC decision to lock in the church gates each evening until Easter 2024 as advised by the local police when the new cameras will all have been installed. Sadly, anti-social behaviour, not limited to drug and drink usage continues with several overdoses requiring ambulance recovery occurring during 2023. Dog fouling and occasional abuse by dog owners continues. - The churchyard areas allowed to grow wild in 2022/23 were agreed to be repeated in 2023/24. ## **Coverdale Hall** - The beech hedge to the west of the Coverdale Centre was reduced two feet in height as it was extensively overgrown. It remains the PPC’s responsibility to maintain. - A slope was cut into the slope outside the south exit doors of the Coverdale Hall as a temporary emergency exit into the Vicarage Garden for disabled wheelchair users. ## **Safeguarding** During the period covered by this report the PCC has fully complied with its duty to have regard to House of Bishops’ guidance on safeguarding children and vulnerable adults. The PCC endorses the Exeter Diocesan Policy for the Safeguarding of Children and Vulnerable Adults, appoints a Parish Safeguarding Representative(s) and requires DBS disclosure for all persons working with children or involved in regular visiting to the sick or elderly. ## **Deanery Synod** - There have been 3 Deanery Synod meetings all in person in February, July and October 2023. - • The first occasion was at St Mags, Torquay on Tuesday, 28th Feb 2023. This meeting included a review of the Next Steps Mission Community Healthy Check tool and received updates on Deanery finances and Torbay United. - The second occasion was on Thursday 6[th] July 2023 at St Mary the Virgin, Churston Ferrers. This meeting included the announcement of Rural Dean Nathan’s departure as well as a summary of the blessings and challenges of the deanery. - The third occasion was on the 11th of October 2023 at Christchurch Paignton. Members gathered in small groups around the church to pray for the life of the deanery. - The parish is entitled to have three deanery synod members, but no one put themselves forward to be elected. The Parish is represented by Luke Appleton, Diocesan Synod member. - The Deanery has been without a Treasurer 12 months and is still looking for volunteers. > [e ] ## **The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706** ## **Annual report of the Parochial Church Council for the year ended 31[ST] December 2023** ## **Report on the proceedings of the Parochial Church Council 2023** The full PCC met 6 times during the year with an average level of attendance of 85%. ## **Worship and Prayer** At St John’s: A daily celebration of the eucharist has been maintained within the Parish, where Morning and Evening Prayer is said on weekdays. - Weekday Mass on a Thursday evening was reintroduced in July 2023. - At the Parish Church of St John the Baptist: Sunday Services included: - 8am Said Holy Communion (BCP). - 10am Family Communion service. - Evening services (Evensong, Benediction or Compline) take place at 6pm on several Sundays throughout the year. - The 10am service and Festival services are usually live-streamed. ## At St Boniface: - A Said Holy Communion takes place at 9.30am each Tuesday morning. - Messy Church takes place on the second Sunday of each month at 11.15am. - A Eucharist service is held on other Sundays at 11.15. - - A comprehensive offering of study courses for Lent and Advent is offered in the Parish. Other activities within the life of the Parish include: - A Pastoral visiting team - A Prayer Grou - Home-based Bible Study Groups - A Ladies Group - Craft Groups at both churches, - Gardening Group – Little Green Fingers (children) and Big Green Thumbs (adults) - Bell Ringers (including hand bells) - Mother and Toddler Group (Mummy & Me) - Flower Arrangers - A Music Group and Choir ## **Staffing** - July 2023 saw the departure of Captain Jeff Hill (Church Army) and family to a new ministry in Cumbria after ten years of highly dedicated and faithful service centred around St Boniface and the Foxhole Estate. His contribution and commitment to this community and the parish cannot be understated and the PCC are hugely grateful for all that He and his family accomplished during their time with the Parish. - July 2023 saw the loss through an accident of one of our two churchwardens, Mrs Val Nutbrown; she is yet to recover to a point where she is able to return to undertake the role. - July 2023 saw the arrival of Fr Simon Bloxham-Rose under PTO to assist in the parish. - September saw the departure from the Parish of Revd’s Geoff and Gill Kimber where they have been actively supporting Captain Jeff in the Foxhole using their PTO licenses to support ministry in Torquay. > [f ] ## **The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706** ## **Annual report of the Parochial Church Council for the year ended 31[ST] December 2023** - September 2023 saw the departure of the Parish Administrator to work in a religious community and the post remains vacant. ## **Pastoral** - The church experienced the deaths of twelve of its long standing and active members during 2023 in addition to many more experiencing significant loss of mobility or becoming housebound which, had a noticeable impact on weekly worshiping numbers. - The Parish has an active pastoral visiting team of 6 authorised and trained lay people alongside three clergy regularly visit 22 people with Sick or Home Communion. ## **Parish Communication Media and Socials** - We have an active presence on Facebook. This includes the live streaming of Zoom for the main Parish Sunday service and other Festival services as well as the posting of notifications about forthcoming events. We also report on events that have taken place to actively encourage the reader to come to future events. - The website is updated weekly with the Parish Pew Sheet together with information about past and forthcoming events. ## **Mission and Evangelism** St John’s - Advent & Lent Study groups and Breakfast with the Bible in Advent and Lent. - Kings Coronation summer party, Summer Fete, Christmas Fayre, quiz nights, etc. - Leading the ecumenical ‘Walk of Witness’ throughout Paignton town. - Ecumenical men’s breakfast. - RBL events in church and as attended by the incumbent as RBL Chaplain. ## St Boniface - Work and worship. - Ladies Group/Men’s Breakfast. - St Boniface ministry meeting local men on Thursday at Crafty Fox. - Children’s Little Green fingers & Adult/parents Big Green Thumbs in 2023. - Attending Christmas Community Extravaganza. - Autumn Fest and Community Carols in the Foxhole. ## **Outlook Shop** - The Outlook shop provided a vital form of both financial and pastoral support to, and on behalf, of the church for many years. However, rising utility costs, rent and insurance in the face of a changing commercial and social context, combined with a declining supply of volunteers to run the venture, meant the future viability of the Outlook Shop was under review. All the supporting information and evidence at the close of 2023 indicate closure in the first quarter of 2024 was the most likely outcome. - As ever our thanks go to our committed shop volunteers for all their contribution throughout 2023 without whom we would not be able to operate. Their contribution is hugely valued, and we are grateful to both them and to our customers, many of whom are regulars we know well. > [1 ] ## **The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706** ## **Annual report of the Parochial Church Council for the year ended 31[ST] December 2023** ## **Paignton Parish Choir** - The choir continue to actively support and lead the singing for worship on Sundays as well as on principal feasts and festivals with Simon Dunbavand continuing as Music Director and organist and Andrew Teague acting as both Choral Director for Paignton Parish Church as well as continuing as an organist for the parish. - Several male members have joined the choir during 2023, however, there remains a need to continue to seek additional members for all parts. ## **Schools** - Fr Neil continued to maintain a link with Kings Ash, Hayes, Curledge Street and St Michael’s primary schools attending each school termly at least twice; most schools also try to visit St John’s Parish church each term. - Plans are underway to help several of the primary schools in lesson planning to meet the demands of the RE syllabus through workshops with teachers. - School numbers attending school events in St John’s church in Advent were 1487. ## **Ecumenical Relationships** - Fr Neil continued to work with the curates at Bay Church and regularly meets with other church leaders and representatives both formally at scheduled group meetings and informally throughout the year. - Paignton parish initiated and continue to lead the ecumenical Men’s Breakfast at Paignton Rugby club through Chris Bridge. - The parish continues to lead/share in other joint missional outreach activities with Paignton Community Larder, Paignton Community Supermarket and The Haven where Fr. Neil is a Trustee in all. ## **Volunteers** - The PCC would like to thank all the volunteers who work so hard to make our church the lively and vibrant community it is. In addition, we would wish to highlight our gratitude towards the church officers who give so generously of their time, energy and funds as they work tirelessly for the benefit of the Gospel and church itself. ## **Flowers** - The wonderful and sometime spectacular contribution of the flower team across all the major church festivals in addition to the Kings Coronation Celebration was of particular note in supporting and advancing our worship as well as showcasing God’s house for the many occasional visitors we receive at Paignton parish. They frequently commented how it added to their appreciation of the church building. - The team are always seeking to make new volunteers welcome. ## **Administrative Information** The Ecclesiastical Parish of Paignton includes the Parish Church of St John the Baptist situated in Church Street, Paignton and the daughter church of St Boniface situated in Belfield Road, Paignton. The correspondence address is The Parish Office, The Vicarage, Palace Place, Paignton, TQ3 3AQ. The working address for the Parochial Church Council (PCC) is Paignton Parish Church, Church Street, Paignton. Principal Bankers: CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent. E19 4JQ. > [2 ] **The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706** ## **Annual report of the Parochial Church Council for the year ended 31[ST] December 2023** Independent Examiner: Ian Barrett, Barretts Chartered Accountants, 22 Union Street Newton Abbot Devon TQ12 2JS. PCC members (trustees) who have served from 1st January 2023 until the date this report was approved are: ## Ex Officio Members 1. Incumbent: Father Neil Knox 2. Val Nut-Brown (Churchwarden) 3. John Patten (Churchwarden) 4. Carol Friend (Deputy Churchwarden) 5. Jill Davies (Deputy Churchwarden from 14[th] May 2023) 6. Luke Appleton (General and Diocesan Synod Rep) Licenced Worker: Captain Jeff Hill (resigned 5[th] June 2023) ## Elected Members 1. James Devonport (Lay Vice Chair and Treasurer) 2. Ruth Bridge 3. Moira Devonport 4. Jennie Litt 5. Debbie Hosking 6. Chris Bridge 7. Kenneth Nichols (appointed 14[th] May 2023) 8. Roger Rayner (appointed 14[th] May 2023) - Joyce Capello (term ended 14[th] May 2023) - Elaine Hooper (term ended 14[th] May 2023) - Catherine Wallace (term ended 14[th] May 2023) - Mavis Hawkins (died 18[th] September 2023) ## **Structure, governance and management** The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC was a charity excepted from registration with the Charity Commission prior to formal registration on 20[th] March 2009. Churchwardens are elected annually at the Annual Meeting of Parishioners which precedes the Annual Parish Church Meeting. PCC members are appointed as set out in the Church Representation Rules (CRR) 2022. All Church attendees at the two Churches in the Parish are encouraged to register on the Electoral Roll and to stand for election to the PCC. At the Annual Church Meeting up to two Assistant Churchwardens are appointed for the daughter church and up to two Deputy Church Wardens (under CRR M15 (1) (e) & M34) are appointed at the Parish Church. The PCC officers including the Secretary, Treasurer, an Electoral Roll Officer and Standing Committee are elected at the first PCC meeting following the Annual Parochial Church Meeting. > [3 ] ## **The Parochial Church Council of the Ecclesiastical Parish of Paignton Working Name: Paignton Parochial Church Council Reg No: 1128706** ## **Annual report of the Parochial Church Council for the year ended 31[ST] December 2023** The PCC endorses the Exeter Diocesan Policy for the Safeguarding of Children and Vulnerable Adults, appoints a Parish Safeguarding Representative(s) and requires DBS disclosure for all PCC members, persons working with children or involved in regular visiting to the sick or elderly. The PCC meets regularly throughout the year. A Standing Committee, consisting of Vicar, Churchwardens Deputy Churchwarden and the Treasurer is empowered to deal with any urgent matter between meetings of the PCC. Reverend Neil Knox Incumbent & PCC Chair > [4 ] The Parochial Church Counal of the Ecde5iastical Parish of Paignton w￿kIng Name: Paignton Parochial Churth Coun(il Reg No". 1128706 Annual report of the Parochlal Chur¢h Council forthe year ended 31- December 2023 Independent Examlnerfs Report to the Trustees of The Parochlal Chur¢h Council of the Ec£lesiasll(al Parfsh ol Palgnton I report on the accounts of the charlty forthe year ended 31 De￿mber 2023, which are set out on pages 6 to 15, Respons11￿1￿leS ondljosls oAthe report As the charity trustee5 of the Church you a￿ responslble forthe prepar3tiDn of the accounts In accordan￿ wlth the requlrements of the Charities Act 20111.the Act"). I report in respeci of my examinatlon of the Church's accounts carried out under section 145 of The Act and in carrying out my examination I have followed all the applitable Directions given by the Charity Commlssion under seciion 1451511bl of the Aci. Independentexaminerfs statement I have cornpleted my examination. I confinn th￿ no material matters have eome to my attentlon in connection with the examination givlng me cause to believe that in any materlal respect- l. Accounting record5 were not kept in respect of the Church as requlred by section 130 of the Act; or 2. The accounts do not actord with those records: or 3. The accounts do not COMP￿ with the applicable requirements Concerning the form and content of accounts set out In the (Jbarities IAccounts & Reports) Regulatior)s 20D8 other than any requirement that the accounts gi￿ a"trnÈ and falrt vlew which is not a matter considered as part of an Independent examination. I have no concerns and have come across no other matters In connectlon with the examination to which attention should be drawn in thi% reKX)rt in order to enable a proper understsnding of the accounts to be reached. lan Barrett FCA FCIE Barretts Chartered Accountsnts 22 Union Street Newton Abbot TQ12 2JS Dated 18 April 2024 The P4rochlal Church Council of the Ecclesiastical Parish of Paignton Working Name: Palgnton Parochial ChuTth Cguncll Re8 No: 1128706 Annual report of the Parlxhlal Church Councll fortheyear ended 31JTDecember 2023 srATEMEKf OF FINANCIAL AcnviTIES ISOFA) Urkrestrkted Restrkted Funds TOTAL 2023 TOTAL 2022 Fund% Note Income and Endowments from Voluntary receipts Actiwtie5 for generating funds Church activities Investment income 2a 2b 2c 2d 97.724 5.029 33,776 15,624 13,653 111,377 5,029 33,776 15,624 305,984 5,133 35,127 9,597 Total Income 151153 13,653 165,806 355.841 Expenditu￿ on Raising Funds Church activities Total Expenditure 3a 3b 1,435 122,014 123.449 1,435 160,971 162.406 1,105 122,632 123,737 38,957 38,957 t4et Incomel(Expend1￿rej belore investment galns/{losses) 28,704 125,304) 3,400 232,104 Net Ealnsl{losses) on Investments 13.025 111 13,908 124.4851 Net lTrcome/lExpendlbJre) 41.729 124,421) 17,308 207,619 Transfer between funds (2,500) Net movement In funds 44.229 126,9211 17,308 207,619 Total funds brought forward 431.183 174,374 605,557 397.938 Total funds carTied forward 475NI2 147,453 622.865 605,557 The Parochial Church Council of the Ecclesiastical Parish of Paignlon Working Name: Paignton Parochial churth Council Re8 No: 1128706 Annual report ofthe Parlxhlal Churth CoLm¢ll for the year ended 31-December 2023 BALANCE SHEET ASAT 31 DECEMBER 2023 TOTAL 2023 TOTAL 2022 Fyn(Ls Note FIXED ASSETS Tangible Assets Investments 4,198 218,151 222349 4,198 228,334 232.532 10.183 10,183 214,425 214,427 cuRRETr￿ ASSErs Debtors and prepayments Cash on dep051t Cash at bank and In hand 16336 16,336 22,820 235. 10374 137.270 372,333 10,374 362.362 10.464 261,773 137.270 399.043 395.646 CREDITORS . amounts falllng Twlthln onèyear 18.710) 18,710) 14,5161 NEf CURRENT 253.063 137,270 390,333 391,130 TOTAL ASSEfs LESS CURRENT UABILMES N￿A$sEr$ 475A12 147.453 622.865 605.557 475fv12 147.453 622,865 605.557 REPftEsE￿tED BY PAR15H FUNDS Unrestricted Restricted 475,412 147,453 622,865 431,183 174.374 605.557 Approved by the PCC on 9th March 2024 and signed on its behalf by Reverend Neil Knox Incumbent & PCC Chair Jame5 Robert Devonport lay thair and Treasurer The Parochial Churth Council of the Ecdestastlcal Parlsh of Palgnton Working Name: PaI￿n Parothial Church Counul Reg No: 1128706 Annual report of the Parochial Church Counul for the year ended 31-December 2023 Notes to the financial Slatements forthe ￿arended 31 De￿rnber 2023 I. ACCOUNTING POLICIES The Financial Statements have been prepared in accordance with the Church Accountlng Regulations 2006 together with applicable standards and the Charities ISQRP 20191. The Financial Statements have been prepared under the historical c05t convention, except for Investment assets whlch are shown at market value. The Accounts include all the transactions, a55ets and liabillties for which the PCC is responsible in law. They do not include accounts of church groups that owe their affiliation lo another body, nor those that are informal gatherings of church members. Fund Accountlng Endowment funds are funds, the capital of which must be retained either pemianently or at the PCC'S discretion,. the income derived from the endowrnent ￿ to be used elther as a restricted or unrestricted income funds dependin8 upon the purpose for which the endowment was established in the first place. Restritted Funds comprise {a} income from endowments which is to be expended only on the restricted purposes intended by the donor and Ibl revenue donations or grants for a specific PCC actNity intended by the donor. Where these funds have unspent balances. interest on their pooled investment is apportioned to the indmdual funds on an average balance basis. UnrestrKted funds are income fiJnd5 which are to be spent on the PCCS general purposes. Designated funds are general funds set aside by the PCC for use in the future. Project funds are deslgnated for particular projects for administration purposed only. Funds designated as invested in fixed assets for the PCCS own use abated in line with a55ets' annual depreciation charges In the SOFA. Designated finds remain unrestricted and the PCC will move any 5ury)lus to other general fvnds. Income Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is receNed. Grants and legacies are accounted for when the PCC is entitled to the use of the resources. their ultimate re￿Ipt is considered reasonably certain and the amounts due a￿ reliably quantifiable. Divldends are accounted for when dedared receivable, interest as and when accrued by the payer, All Incoming resources are accounted for gros Expendlture Grants and donations are accounted for vthen paid over, or when awarded, If that award creates a binding or constructive obligation on the PCC. The diocese parish share expected to be paid over is accounted for when due. The Parochial Church Coundl of the Ecclesiastical Parish of Pal8nton Working Name: Paignton Parothial Chur¢h Councll Reg No: 1128706 Annual report ol the pa￿hla1 (thurth Councll for the yearended 31￿December 2023 All other expenditure is generally recognised when it is incurred and is accounted for gr055. Flxed assets Consecrated and benefice property is not included in the accounts in accordance with s.1012llal and Icl of the Charltles Act 2011. Movable church furnishings held by the vicar and the 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 timel. For anything acquired prior to 2tKK) there is insufficient cost information available and therefore such assets a￿ not included in the financial statements. Subsequently no individual item has cost more than £1￿0 so all such expenditure has been written off when incurred. Due to the age of the buildin& no cost Information is available for the St John's Church Hall. or St Andrews Community Centre, so both properties are included at a deemed cost of £1. Investments are valued at market value at 31 December 2023. The PaTochlal Churth Counol of the Ecclesiartical Parlsh ol Pai8nton W0￿￿ng Name: Paignton Parochial Church Council Reg No: 1128706 Annual report of the Parochial thur¢h Cwficil for the yearended 31xr Deeember 2023 2. Income and EndowmeThtsfrom Unrestrtded Funds Designated Funds Restricted Funds TOTAL 2023 TOTAL 2022 2a Voluntary receipts Tax efficient planned givlng Income tax recovered Collections at 5ervice5 Legacies Non-recurring donations and appeals 52,239 8,790 6,390 24,919 5,386 97,724 52,239 8,790 6,390 24,919 19.039 111,377 53,064 9,649 5,721 204,100 33,450 305,984 13,653 13,653 2b Artlvlties for gener*lngfunds Fundraising 5.029 5,029 5,133 5,133 5,029 2c Church activitie5 statutory fees- weddings. funerals etc. Gr055 Income- Church Centre lettings 6,716 27,060 33,776 6.716 27.060 33.776 4,615 30,512 35,127 2d Investment Income Bank and CBF Deposit Fund Interest 15.624 15,624 15.624 15,624 9,597 9.597 TOTAL INCOME 152.153 13,653 165.806 335,841 io The Parothial Church Council ot the Ecdesiastical Parish of Paignton Working Name: Palgnton Parothlal church Counal Reg No.. 1128706 Annual rem ofihe Parochlal Chur(h Countil for the year ended 31-December 2023 3. Expenditure Unrestricted Funds Restrlcted Funds ZOZ3 2022 Funds 3a RalslnE funds Cost of fete5 IN35 IA35 IA35 IA35 1,105 1.105 ab thurch Activities Missionary and charitsble giving Home . Choral Traditlon Warm Spaces St Boniface Outreach Queen's Jubilee Go Creative Through Faith Mission St Boniface Community Garden Cafe Church/Salellite Messy Church Easter Holiday Club/Ea5terTrdil Mummy and Me srART disciple course Funday* Fireworks and Christmas Christian Aid Flower Fund Christingle (Children's Society) Turkey/Syrian Earthquake Appeal Ukraine Appeal Ministry: Diocesan parish share Other ministry costs Maintenance 495 495 4,092 86 86 321 296 181 iii 535 421 421 148 40 990 66 990 102 50 176 515 169 169 98 98 425 425 804 52,301 13,515 16,664 3,021 io,iio 9,753 9,149 52.899 12.829 14,053 1,724 11,269 19.993 7￿38 1,049 660 52,899 12,829 419.277 1,724 11,269 19,993 35.224 Printing and stationery Insurance Light, heat and water Honorarium/admin costs Depreclation Examination of annual accounts 1,049 660 122,014 123A49 38,957 38,957 160,971 162A( 122,632 123,737 Total Expenditure li The Parothial Church Counal of the E¢¢lesiastical Parish of Palgnto Working Name: Palgnton Parochial Church Council Reg No". 1128706 Annual report ot the Parcthlal Church co￿dI fr¥ the year ended 31￿DeCember 2023 4. Tonglble Assets St John's Parish Hall St Andrews Office Equipment TOTAL Communlty Centre Accruedldeemed eost At ljanuary 2023 Disposal Additions at cost 5,245 5245 At 31 December 2023 5,245 5,247 Depreciation At ljanuary 2023 withdrdwn on disposal Charge for the year 1.049 1,049 At 31 De￿rnber 2023 1,049 Net book value at 31 December 21)23 4,196 4,198 Net bookvalue at 31 December2022 The Parochlal Churth Council of the £¢¢I￿lastical Parlsh ol Paignton Worklng Name: Paignton PaTuthial Churth Council Reg No: 1128706 Annual report of the Parothial Church Councll for the year ended 3I-De￿Mber 2023 5. Investments MarketValLJe at l January 2023 Purchases Disw>5a15 Maiket revdluation Market value at 31 Decernber 2023 5682.35 Investment fijnd 3689 M & G Charitable fund 26 shares CBF investment fund 450.47 Investment fund 1375 CBF Inc Shares 117.319 54.210 537 11,134 11,2741 51 128,453 52,936 9,3rJ) 28,409 4,650 214.425 10,183 31,082 5,091 228,333 2,673 441 13,908 225.23 shares Fabrlc Fund 450.47 Investment fund is restricted and is forthe repair and maintenance of the fabric of st John the Baptist Church and churchyard. The market revaluatlon has been shown as restricted. 6. Debtors and Prepawnents 2023 2022 Gfft Ald to claim Other debtor5 I5,1￿1 1,336 16,336 12,OlXJ 10,820 22,820 7. Creditors amounts falllng due within l year 2023 2022 Fees due to Exeter Diocese Money received on aecount Sundry accTua Loans from Parishioners 4,007 2,000 1.703 i.O(K) 8,710 825 662 2,029 1,000 4,516 The Parochial Church Coundl of the Ecclesla5tlcal Parish of Palgnton Working Name: Paignton Parothial Churth Counul Reg No: 1128706 Annual reporl of ihe Parochial Church Coundl forthe ￿ar ended 31srDÈcembÈr 2023 8. Restsicled Funds Atl January 2023 Income Expenditure Transfers Investment galnsl (losses At31 December 2023 Fabric Olrtreach Legacies Youth Flowers Other charttable appeals Misslon Friends of Paignton Parish Church 42,935 81,756 5,7Crf) 23,201 11,022 1,106 135,2241 {3.0411 19,616 77,321 5,7CKJ 23.201 173 4,289 524 16.629 {2.500} 342 1.183 11691 15231 3,629 524 16,629 174,374 13.653 138,957 11500 883 147,453 14 The Parochlal Church Councll of the Ecclesiastical Parish of Paignton Workin8 Name: Paignton Parochial Church Coundl Reg No: 1128706 Annual repurt ol ihe Parochial chU￿h Councll for the year ended 31*tDecember 2023 9. Staff Costs Average number of employees No employee received emoluments in excess of £f￿.￿o during the year {2022 NII 10. Transaction5 With Tru5tÈes During 2023 the PCC received £12,634. in donatlons from tru51ee5 IPCC membersl and their close relatives. The donors did not attach any condttions to their grfts vjhich required the charity IPCCI to slgnlflcantly alter the nalure of Its exi*ing activities. 15