2023-12-31-accounts - The Parochial Church Council For The Ecclesiastical Parish Of St Mark's, Broomhill, Sheffield

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Sheffield St. Mark Broomhill

(Registered charity number 1128758)

Financial Statements

of the Parochial Church Council of The Ecclesiastical Parish of St Mark’s Broomhill, Sheffield

for the year ended 31 December 2023

Incumbent: Revd Sue Hammersley

Honorary Treasurer: Mr David Armstrong

Bank: HSBC Bank plc Sheffield

Independent Examiner: Julie Holderness Roddis Taylor Robinson Chartered Accountants

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Sheffield St Mark Broomhill

Annual Financial Report of the Parochial Church Council for the year ended 31 December 2023

Administrative information

St Mark’s Church is situated in Broomhill, Sheffield, next to the Royal Hallamshire Hospital. It is part of the Diocese of Sheffield within the Church of England. The correspondence address is the Vicarage, 4 St Mark’s Crescent, Sheffield S10 2SG.

St Mark’s Parochial Church Council (“PCC”) is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure and is a Registered Charity (no. 1128758). Members of the PCC are either ex officio, elected by the Annual Parochial Church Meeting (“APCM”) or co-opted. The last APCM was on 23rd April 2023, the next APCM is on 28th April 2024. PCC members who have served at any time during 2022 until the date of this report are:

Clergy Incumbent: Liberal Theologian Assist. Priest Revd Sue Hammersley Revd Beth Keith Revd Shan Rush Wardens: James Oliver Dilys Noble Representatives on the Deanery & Diocesan Synods: Representatives on the Deanery Synod: David Armstrong (from November) Chris Ware Robyn Vesey Elected members: 2023 PCC 2022 PCC David Armstrong Martin Godley Emma Castle Nana Nyarko Mke Hunt Nana Nyarko David Armstrong Martin Godley Amanda Pilkington Briony Tayler Amanda Pilkington Briony Tayler Chris Ware Katherine Tattershall Katherine Tattershall Mike Hunt Joy Straits Boyd Morgan Rachel Heginbotham Bekah Hampson Co-opted (from October 2023)

Structure, governance and management

The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.

Objectives and activities

The PCC has the responsibility of cooperating with the Incumbent in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including how the funds of the PCC are to be spent

The PCC also operates through a number of committees that meet between full meetings of the PCC. These are: Standing (with the power to transact the business of the PCC between its meetings, subject to any directions given by the PCC), Finance and Fabric, Faith and Justice - currently operating as Home & International Donations and Environment, Communications, Children, Young People and Students (CHYPS), Pastoral and Hospitality, Study & Learning, Worship.

Church Attendance

As reported at the last APCM there were 178 on the Church Electoral Roll. Details of changes in the Roll will be notified at the next APCM.

The average Sunday attendance at both in-person services in October 2023 was 161 (137). This number increased significantly at festivals.

Review of the year

The report on the activity of the PCC during the year together with reports from the clergy, wardens, the above mentioned PCC committees and other groups within the Church are given in the Annual Report for the year, published separately to this Annual Financial Report.

Payments to PCC members, persons closely related them or other related parties

PCC members receiving payments from the PCC during the year included the Vicar, Liberal Theologian and Assistant Priest (see notes 5(d) for details of their expenses). They did not participate in discussions concerning payments made to them. Any payments or expenses were paid to any other PCC member, persons closely connected to them or other related parties are noted within the accounts.

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Annual Financial Report of the Parochial Church Council for the year ended 31 December 2023

Sheffield St Mark Broomhill

General Cash Reserves £33,660 (£35,606 2022) Total Investments £495,965 (£459,605 2022)

Reserves

Unrestricted general cash reserves at 31 December 2023 are shown above (with last years figure for comparison). The PCC has a policy to maintain sufficient general reserves to cover at least three month’s unrestricted payments (c£30,000). It is the PCC’s policy to invest deposit fund balances with HSBC (current or deposit accounts) or the CCLA Church of England Deposit Fund.

Investments

Total investments as at 31 December are shown above (with last years figure for comparison).

All Investments are held with CCLA. Dividends provide income either directly to the general fund or to fabric reserves/deposit accouints. These investments are held for the income they generate rather than the capital value. This value is expected to fluctuate over time. Social Investments are also held with Sheffield Credit Union. These do not generate significant financial returns The Investment Analysis section gives more details

Legacies

During 2023 we received the following legacies. These are included in section 4d in the main accounts.

From the late Gordon Lentell £9,965

This legacy was unconditional as to its use and have been placed in the Designated Fund, General Reserve whilst the PCC considers how they should be utilised.

Fixed Assets During 2023 funds were spent on a number of items that are classified as fixed assets and are depreciated over time. These were:

Building, Property and Organ Improvements Fixtures, Fittings and Equipment TOTAL Corridor lights Organ blower cable replacement South steps repairs Triple Glazing - lower windows Wall repairs New lounge chairs	£1,380 £4,750 £1,980 £7,205 £670 £2,940
	£18,925

Financial Review (from the 2023 Financial Statements)

During 2023 we recorded a surplus which is a pleasant change from the deficit of 2022. Looking at the Net Current Assets on the Balance sheet the surplus in 2023 was £2,541. This ignores the fluctuations in investment valuations and the depreciation of assets

The biggest item causing the surplus was a reduction in electricity cost which was £5,000 less than the budget. The budget was based on using a similar amount of electricity in 2023 as we did in 2021 & 2022. However the new heating controller that was installed just before the pandemic meant that the usage & cost of electricity was significantly less than expected.

Regular donations were less than expected in the budget. This shortfall was made up by increases in room hire and the money received from the electricity generated by the solar panels.

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St Mark's PCC Accounts For the year ended 31 December 2023 Budget Compare - GENERAL FUND ONLY

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Income

Expenditure

Donated income Planned giving Income Tax recovered Collections at all services Sundry Donations Activities for generating funds Car park Other Income Income from investments Church and room hire PV Panel feed in tarif Fees Magazine Home from Home income TOTAL Donations International Donations Home Donations Soup Run Ministry Diocesan Common Fund Vicarage Water / Sewage Charges Vicar's discretionary fund Vicars expenses Liberal Theologian - expenses Liberal Theologian - house rent Liberal Theologian - Council Tax Liberal Theologian - stipend etc Water / Sewage and alarm maintenance Curate costs Assistant Priest Expenses Visiting clergy and speakers Children and Youth work Lay training and visits Student and Young Adult work Pastoral Expenses Church conference/Parish weekend Running Costs Gas Electricity Water & Sewage Church repairs and maintenance Post & Printing Printing / Copyright Licences IT Support Telephones & Broadband Copier Grounds maintenance Waste collection Cleaning materials Insurance Premium Cleaning Caretaker Family Worker Administrator Services Director of Music (Payroll etc) Organ / Piano Tuning and Repair Music Expenses Organist / Organ Practice Fees Sanctuary expenses Library books & Cards Accounting Costs Sundry expenses Trips and Events Home from Home expenses Depreciation Lift Maintenance Burglar Alarm maintenance PAT Testing Fire Alarm maintenance Boiler maintenance Fire extinguisher maintenance Payroll Bureau Charges Special Expenditure	2023 Budget 2023 Actual 152,000 144,850 37,000 36,295 4,300 4,733 4,500 8,159 13,000 11,979 9,400 10,019 10,000 12,160 3,800 5,107 1,500 1,844 400 50 4,200 4,200 240,100 239,396 11,000 11,000 11,000 11,000 119 70,000 70,000 850 841 - - 2,500 3,138 1,200 576 5,300 5,417 2,650 2,642 15,850 20,334 1,300 1,176 - - 410 327 100 92 750 918 500 - 500 - - - - - 1,400 1,135 17,000 11,558 350 978 11,000 3,157 1,200 1,319 1,000 996 1,400 2,114 1,550 1,704 1,000 889 1,450 4,800 450 389 750 - 5,700 6,113 7,000 7,484 9,200 8,929 18,700 15,677 17,900 17,092 9,000 8,700 1,350 848 449 612 750 910 900 432 75 63 1,300 1,265 1,000 1,208 - - - 285 1,200 2,017 800 1,020 600 203 200 193 400 570 150 295 350 331 600 533 -	Difference %age
		7,150 - -5% 705 - -2%
		433 10% 3,659 81%
		1,021 - -8%
		619 7% 2,160 22% 1,307 34% 344 23%
		350 - -88%
		- 704 - - 0% - 0%
		119
		- 0% 9 - -1% -
		638 26%
		624 - -52%
		117 2%
		8 - 0%
		4,484 28%
		124 - -10% - 83 - -20% 8 - -8%
		168 22%
		500 - -100% 500 - -100% - - 265 - -19% 5,442 - -32%
		628 179%
		7,843 - -71%
		119 10%
		4 - 0%
		714 51% 154 10%
		111 - -11%
		3,350 231%
		61 - -14% 750 - -100%
		413 7% 484 7%
		271 - -3% 3,023 - -16% 808 - -5% 300 - -3% 502 - -37%
		163 36% 160 21%
		468 - -52% 12 - -16% 35 - -3%
		208 21%
		-
		285 817 68% 220 28%
		397 - -66% 7 - -4%
		170 43% 145 97%
		19 - -5% 67 - -11% -

240,084 231,399 - 8,685

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Sheffield St. Mark Broomhill

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Statement of Financial Activities

Sheffield St. Mark Broomhill Statement of Financial Activities							Fin	al v3.1
For the year ended 31 December 2023 Note Income and Endowments Voluntary income 2.a Activities for generating funds 2.b Income from investments 2.c Church activities 2.d Total Income Expenditure Church Activities 3.a Cost of raising funds 3.b Total Expenditure Net Income/(Expenditure) Before Investment Gains/(Losses) Net Gains and Losses on Investments Net Income /(Expenditure) Net Movement in Funds Balances Brought Forward at 1 January 2023 (2022) Balances Carried Forward at 31 December 2023 (2022)		2023		Total Funds 2023 £ 206,643 11,979 18,321 29,462 266,405 273,483 1,565 275,048 (8,643) 39,415 30,772 30,772 752,880 783,652		2022
	Unrestricted Funds General Designated £ £ 193,850 10,406 11,979 - 14,219 1,812 19,348 7,844 239,396 20,062 231,399 31,439 - 1,565 231,399 33,004 7,997 (12,942) - 22,591 7,997 9,649 7,997 9,649 43,101 439,856 51,098 449,505	Restricted Funds £ 2,387 - 2,290 2,270 6,947 10,645 - 10,645 (3,698) 3,459 (239) (239) 132,590 132,351	Endowment Funds £ - - - - - - - - - 13,365 13,365 13,365 137,333 150,698		Unrestricted Funds General Designated £ £ 194,269 1,000 11,400 - 13,227 1,357 16,432 - 235,328 2,357 241,800 33,568 - - 241,800 33,568 (6,472) (31,211) - (32,535) (6,472) (63,746) (6,472) (63,746) 49,573 503,602 43,101 439,856	Restricted Funds £ 3,939 1,507 2,089 1,990 9,525 13,122 - 13,122 (3,597) (4,911) (8,508) (8,508) 141,098 132,590	Endowment Funds £ - - - - - - - - - (18,834) (18,834) (18,834) 156,167 137,333	Total Funds 2022 £ 199,208 12,907 16,673 18,422 247,210 288,490 - 288,490 (41,280) (56,280) (97,560) (97,560) 850,440 752,880

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Sheffield St. Mark Broomhill

Balance Sheet at 31 December 2023

Note Fixed Assets Tangible Fixed Assets 7.a Building and organ improvements Major redecoration Fixtures, fittings & equipment Investments 7.c Parochial Church Council property Trust funds administered by the PCC Social investments 7.b Current Assets Monetary Assets and Debtors 7.d Cash at bank and in hand Deposit accounts Debtors and prepayments Liabilities: Amounts falling due within one year Accruals and deferred income 7.e Net Current Assets Net Assets Represented by: Funds 8 Unrestricted Restricted Endowment	2023 £ £ 165,659 - 5,093 170,752 304,148 133,721 58,096 495,965 8,977 107,904 3,280 120,161 (3,226) 116,935 783,652 500,603 132,351 150,698 783,652	2022 £ £ 169,419 - 9,568 178,987 276,625 121,828 61,152 459,605 23,265 91,332 6,079 120,676 (6,388) 114,288 752,880 482,957 132,590 137,333 752,880

Approved by the Parochial Church Council on and signed on its behalf by:

James Oliver (Church warden and PCC Chair)

David Armstrong (Honorary Treasurer)

The notes on pages 7 to 25 form part of these accounts

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Sheffield St. Mark Broomhill Notes to the financial statements For the year ended 31 December 2023

1 Accounting Policy

The PCC is a public benefit entity within the meaning FRS102 (Financial Reporting Standard). The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations ‘true and fair view’ provisions. They are also prepared under the applicable accounting standards and the current statement of Recommended Practice, Accounting and Reporting by Charities (SORP (FRS102)).

The financial statements have been prepared under the historical cost convention except for investment assets, which are shown at market value.

Funds

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. These include funds designated for a particular purpose by the PCC. The purposes of any restricted and endowment funds are noted in the accounts at note 8 on pages 14 and 15.

The accounts include transactions, assets and liabilities for which the PCC can be held responsible.

Income

This is included in the Statement of Financial Activities (“SOFA”) when: (1) the PCC becomes legally entitled to the benefit of use of the resources; (2) an inflow of economic benefit is probable, and; (3) the monetary value can be measured with sufficient reliability.

Voluntary income and capital sources

Collections are recognised when made.
Amounts receivable under Gift Aid are recognised only when honoured by the giver.
Income tax recoverable on Gift Aid donations is recognised only when claimable.
Grants and bequests to the PCC are accounted for when the amount is payable.
Income from fund raising events is accounted for gross.

The sale of books and magazines from the church bookstall are accounted for gross.

Income from church activities

Income from the hire of the church premises is accounted for on an event by event basis after deduction of caretaking services.
Parochial fees due to the PCC for weddings, funerals etc are accounted for on an event by event basis.

Income from investments - Dividends and interest are accounted for when due.

Investment gains and losses - Unrealised gains or losses are accounted for on the revaluation of investments at 31 December

Expenditure and liabilities These are recognised as soon as an outflow of economic benefit is probable.

Grants and donations Grants and donations are accounted for when payable.

Church activities The Common Fund and Associate Vicar contributions to the Diocese are accounted for when payable.

Pension costs and other post retirement benefits The PCC operates a defined contribution pension scheme. Contributions payable to the pension scheme are charged to the SOFA in the period to which they relate

Fixed assets Consecrated land and buildings and moveable church furnishing sConsecrated and beneficed property (the church buildings and grounds) is excluded from the accounts by the Charities Act 2011

The building and organ improvements and moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. For inalienable property acquired prior to 2001 there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1 January 2001 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life (either over 25 or 10 years) on a straight-line basis. All expenditure incurred in the year on consecrated buildings or beneficed building (excluding building and organ improvements, asbestos stabilisation and redecoration), individual items under £500 (discretionary limit) or on the repair of moveable church furnishings is written-off.

Other fixtures, fittings and office equipment

Items used within the church premises are depreciated on a straight-line basis over four years. Individual items of equipment with a purchase value of £500 (discretionary limit) or less or repairs are written off in the period in the year.

Equipment rentals are paid and charged as they are incurred.

Investments Investments are valued at market value at 31 December.

Net current assets

Amounts owing to the PCC at 31 December in respect of fees, rents and room hire or other income are shown as debtors if the individual debts are greater than £500 or otherwise on a discretionary basis if required. Costs and expenses payable by the PCC at 31 December are accrued if the individual amounts are greater than £500 or otherwise on a discretionary basis if required.

Stocks of books and consumables are written off in the year acquired if their remaining cost or net realisable value is less than £500.

Deposit accounts include cash held on deposit with the Central Board of Finance of the Church of England, the Sheffield Credit Union or at the Bank.

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Sheffield St. Mark Broomhill

Notes to the financial statements

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For the year ended 31 December 2023 2023 2022
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2023 General Designated Funds Funds 2022
Note £ £ £ £ £ £ £ £ £ £
2 Income and Endowments
2.a Voluntary income
Planned giving:
Gift Aid donations 139,505 - - - 139,505 136,691 - - - 136,691
Income tax recovered 4.a 36,295 421 - - 36,716 35,462 - - - 35,462
- - - - - -
Other planned giving 5,345 5,345 11,588 11,588
Card & Cash donations 4,340 20 - - 4,360 3,292 - - - 3,292
Web Giving 393 - - - 393 947 - - - 947
Grants received 4.b 1,150 - - - 1,150 - - 2,636 - 2,636
Donations, appeals, etc 4.c - - 2,387 - 2,387 - - 1,303 - 1,303
Legacies and bequests 4.d - 9,965 - - 9,965 - 1,000 - - 1,000
- - - - - -
Sundry donations 6,822 6,822 6,289 6,289
2.a TOTAL 193,850 10,406 2,387 - 206,643 194,269 1,000 3,939 - 199,208
2.b Activities for generating funds
- - - - - -
Car park 11,979 11,979 11,400 11,400
Fund raising events & activities - - - - - - - 1,507 - 1,507
2.b TOTAL 11,979 - - - 11,979 11,400 - 1,507 - 12,907
All fund raising in 2024 was towards the Diamond Anniversary appeal shown below.
2.c Income from investments
Dividends 9,466 898 2,055 - 12,419 8,991 1,269 2,041 - 12,301
Interest 553 914 235 - 1,702 26 88 48 - 162
Home from Home rental income 4,200 - - - 4,200 4,210 - - - 4,210
2.c TOTAL 14,219 1,812 2,290 - 18,321 13,227 1,357 2,089 - 16,673
2.d Church activities
Church and room hire 12,160 - - - 12,160 10,639 - - - 10,639
PV (solar) Panel - Feed in Tariff income 5.e 5,107 - - - 5,107 2,812 - - - 2,812
Parish Weekend Income 5.j - - - - - - - 1,990 - 1,990
- - - - - -
Fees for weddings and funerals 1,844 1,844 2,640 2,640
Magazines and sundry publications 50 - - - 50 324 - - - 324
Insurance claims - - 2,270 - 2,270 - - - - -
Printing income 187 - - - 187 - - - - -
- - - - - - - -
Diamond Anniversary income 7,844 7,844
Bookstall - - - - - 17 - - - 17
2.d TOTAL 19,348 7,844 2,270 - 29,462 16,432 - 1,990 - 18,422
- -
Total Incoming Resources 239,396 20,062 6,947 266,405 235,328 2,357 9,525 247,210
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Sheffield St. Mark Broomhill

Notes to the financial statements

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For the year ended 31 December 2023 2023 2022
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2023 General Designated Funds Funds 2022
Note £ £ £ £ £ £ £ £ £ £
3 Expenditure
3.a Church Activities
Outreach 5.a 22,119 - 2,387 - 24,506 22,094 - 1,303 - 23,397
Diocese 5.b 70,000 - - - 70,000 88,913 - - - 88,913
Staff costs 5.c 57,127 7,145 1,798 - 66,070 53,709 5,924 - - 59,633
Clergy costs 5.d 34,543 - - - 34,543 27,885 - - - 27,885
Utilities 5.e 21,877 - - - 21,877 18,493 - - - 18,493
Running costs 5.f 21,986 - - - 21,986 27,046 2,376 2,156 - 31,578
Other ministry 5.g 918 370 400 - 1,688 1,475 400 697 - 2,572
- -
Depreciation on building and organ 2,017 22,139 6,060 30,216 1,816 22,893 6,963 31,672
Sundries 5.h 812 1,785 - - 2,597 369 1,975 2,003 - 4,347
3.a TOTAL 231,399 31,439 10,645 - 273,483 241,800 33,568 13,122 - 288,490
3.b Cost of raising funds
- - - - - - - -
Diamond Anniversary expenses 1,565 1,565
3.b TOTAL - 1,565 - - 1,565
-
Total Expenditure less depreciation 229,382 10,865 4,585 244,832
- These calculations are to give an idea of surplus or deficit ignoring
Cost of capitalised new assets 14,005 2,940 1,980 18,925
- the effect of capitalisation and are for illustratiuve purposes only.
Total expenditure excluding capitalisation 243,387 13,805 6,565 263,757
This is the same as the movement in net current assets seen on the
Surplus / (Deficit) excluding capitalisation (3,991) 6,257 382 - 2,648 balance sheet.
- -
Total Resources Expended 231,399 33,004 10,645 275,048 241,800 33,568 13,122 288,490
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Sheffield St. Mark Broomhill

Notes to the financial statements

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For the year ended 31 December 2023 2023 2022
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2023 General Designated Funds Funds 2022
Note £ £ £ £ £ £ £ £ £ £
4 Analysis of Incoming Resources
4.a Tax recovered
Income tax recovered 36,295 421 - - 36,716 35,462 - - - 35,462
4.a TOTAL 36,295 421 - - 36,716 35,462 - - - 35,462
4.b Grants
Grants received 1,150 - - - 1,150 - - 2,636 - 2,636
4.b TOTAL 1,150 - - - 1,150 - - 2,636 - 2,636
In 2023 we received a grant to a value of £1,150 from the Diocese towards energy costs. These grants were made to all parishes.
A grant of £750 was received in 2013 from Waitrose towards the costs of hosting Christmas Lunches. £162 was utilised in 2013 with £100 in 2014, £175 in 2016 and £137 in 2017. This has since been unused
since with the unused balance of £176 has been carried forward (as part of Grants Received in Advance shown in note 7(e)).
4.c Donations, appeals etc
- - - - - -
Special Collections 2,387 2,387 1,303 1,303
- - - - - - - - - -
Specific donations and appeals
4.c TOTAL - - 2,387 - 2,387 - - 1,303 - 1,303
Special collections relate to specific collections for Home and International causes (see note 5(a)).
4.d Legacies and bequests
From the late Gordon Lentell - 9,965 - - 9,965 - - - - -
- - - - - - - -
From the late Susan Murray 1,000 1,000
- - - - - - - - - -
- - - - - - - - - -
4.d TOTAL - 9,965 - - 9,965 - 1,000 - - 1,000
Bequests 9,965 1,000
Notes: All the above bequests are unconditional. Unused funds have been placed in the Designated General Reserve deposit account subject to the PCC determining how the funds should be utilised. The funds
that have been used are detailed in note 9.a
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Sheffield St. Mark Broomhill

Notes to the financial statements

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For the year ended 31 December 2023 2023 2022
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2023 General Designated Funds Funds 2022
Note £ £ £ £ £ £ £ £ £ £
5 Analysis of Resources Expended
5.a Outreach
International Donation Details
Bwindi 1,050 - - - 1,050 1,100 - - - 1,100
Care4Calais 1,050 - 461 - 1,511 1,100 - - - 1,100
Christian Aid - General 1,050 - 805 - 1,855 1,100 - 72 - 1,172
- - - - - -
Global Justice Sheffield (local) 1,050 1,050 1,100 1,100
- - - - - -
Literacy for Life 1,050 1,050 1,100 1,100
Middle Eastern Women & Society Organisation 1,050 - - - 1,050 1,100 - - - 1,100
Phase 1,050 - - - 1,050 1,100 - - - 1,100
- - - - - -
Practical Action (Intermediate Technology Group) 1,050 1,050 1,100 1,100
Succol 1,050 - - - 1,050 1,100 - - - 1,100
USPG 1,050 - - - 1,050 - - - - -
Hope for the future 500 - - - 500 - - - - -
Omid - - - - 1,100 - - - 1,100
- - - - - - - -
Allocated total 11,000 - 1,266 - 12,266 11,000 - 72 - 11,072
Oxfam - - 78 - 78 - - - - -
Christian Aid - - - - - - - 14 - 14
DEC Ukraine appeal - 277 277
Families relief - 157 157
Red Cross - Pakistan floods - 55 55
- - - - - - - - - -
TOTAL 11,000 - 1,344 - 12,344 11,000 - 575 - 11,575
International donations 11,000 - 11,000 0
Notes: Restricted Fund donations of £1,344 (2022 £575) are all from the proceeds of special collections (see note 4(c)) and were paid immediately to the charities in question.
General Fund donations of £11,000 (2022 £11,000) have been allocated on recommendation of the International Donations Committee and approved by the PCC.
Restricted donations exclude donation made by members of the congregation directly to the charities when an appeal was made.
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Sheffield St. Mark Broomhill

Notes to the financial statements

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For the year ended 31 December 2023 2023 2022
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2023 General Designated Funds Funds 2022
Note £ £ £ £ £ £ £ £ £ £
Home donation Details
South Yorkshire Refugee Law and Justice 2,000 - 304 - 2,304 1,500 - - - 1,500
Bens Centre 2,000 - - - 2,000 1,000 - 72 - 1,072
Citizens Advice Sheffield 1,400 - - - 1,400 1,975 - - - 1,975
- - - - - -
Broomhall Girls Youth Group 1,000 1,000 1,000 1,000
Fir Vale Hub 1,000 - - - 1,000 - - - - -
mums in need 1,000 - - - 1,000 - - - - -
UWA 1,000 - - - 1,000 - - - - -
Broomhall centre 500 - - - 500 500 - - - 500
Hope for the future 500 - - - 500 - - - - -
Inclusive Church 500 - - - 500 - - - - -
S6 Food Bank - - 253 - 253 500 - - - 500
Food works - - 125 - 125 1,000 - - - 1,000
eco church 75 - - - 75 - - - - -
Church Action on Poverty Sheffield (annual sub) 25 - - - 25 25 - 149 - 174
S2 Food bank - - - - - 1,500 - - - 1,500
- - - - - - - -
Hardship Fund Of Sheffield Carers Centre 1,000 1,000
SCCCC - - - - - 1,000 - - - 1,000
- - - - - - - - - -
- - - - - - - -
Allocated total 11,000 - 682 - 11,682 11,000 - 221 - 11,221
One Body One Faith - - 163 - 163 - - 20 - 20
Children's Society - - 108 - 108 - - 54 - 54
Lost Chord - - 90 - 90 - - - - -
Archer project - - - - - - - 347 - 347
Trussell Trust - - - - - - - 86 - 86
- - - - - - - - - -
TOTAL 11,000 - 1,043 - 12,043 11,000 - 728 - 11,728
Home donations 11,000 - 11,000 -
Notes: Restricted Fund donations of £1,043 (2022 £728) are all from the proceeds of special collections (see note 4(c)) and were paid immediately to the charities in question.
General Fund donations of £11,000 (2022 £11,000) have been allocated on recommendation of the Home Donations Committee and approved by the PCC.
Restricted donations exclude donation made by members of the congregation directly to the charities when an appeal was made.
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Notes to the financial statements

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For the year ended 31 December 2023 2023 2022
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2023 General Designated Funds Funds 2022
Note £ £ £ £ £ £ £ £ £ £
International Donations total 11,000 - 1,344 - 12,344 11,000 - 575 - 11,575
Home Donations total 11,000 - 1,043 - 12,043 11,000 - 728 - 11,728
Soup Run expenses (net of donations) 119 - - - 119 94 - - - 94
5.a TOTAL 22,119 - 2,387 - 24,506 22,094 - 1,303 - 23,397
Notes:
5.b Diocese
Diocesan Common Fund 70,000 - - - 70,000 88,913 - - - 88,913
5.b TOTAL 70,000 - - - 70,000 88,913 - - - 88,913
Notes: The payment to the Diocese £70,000 covers the full costs of one member of staff. Any additional payments made in previous years support the general work of the diocese.
5.c Wages and salaries (including employer's National Insurance Contributions (NIC) and expenses)
Family Worker 15,677 866 1,798 - 18,341 15,709 - - - 15,709
Administrator costs 17,092 - - - 17,092 15,903 - - - 15,903
Director of Music 8,700 6,279 - - 14,979 8,184 5,924 - - 14,108
Caretaker 8,929 - - - 8,929 7,344 - - - 7,344
Cleaner costs 6,729 - - - 6,729 6,569 - - - 6,569
5.c TOTAL 57,127 7,145 1,798 - 66,070 53,709 5,924 - - 59,633
Notes: Cleaning costs include the salaries of two part-time employed cleaners, Tim Moore and John Whitmill.
Cleaning materials and supplies are detailed under Cleaning in section 5.f below.
Caretaking costs are reduced when Tim acts as veger/caretaker during weddings or funerals and the costs for his time are recovered through fees.
The Director of Music is funded both from the general fund with additional funding for 5 years from 2018 from recent legacies. The legacy funding shows in the Designated column.
All the emoluments for each employee are shown above and also included are £nil (2022 £nil) Employer's NIC payments (after Employer's NIC allowances), £1,076 (2022 £680) Employer's Pension
Contributions and £nil (2022 £nil) paid in expenses.
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Notes to the financial statements

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For the year ended 31 December 2023 2023 2022
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2023 General Designated Funds Funds 2022
Note £ £ £ £ £ £ £ £ £ £
5.d Clergy Costs
Liberal Theologian
- - - - - -
Liberal Theologian's stipend, pension & NIC 20,334 20,334 15,066 15,066
- - - - - -
Liberal Theologian's house rent 5,417 5,417 5,000 5,000
- - - - - -
Liberal Theologian's council tax 2,642 2,642 2,510 2,510
Liberal Theologian's utilities and alarm maintenance 1,176 - - - 1,176 800 - - - 800
Liberal Theologian's expenses 576 - - - 576 678 - - - 678
Vicar
- - - - - -
Vicars Expenses 3,138 3,138 2,491 2,491
Vicarage water charges 841 - - - 841 772 - - - 772
Other clergy
Assistant Priest's expenses 327 - - - 327 341 - - - 341
Visiting clergy and speakers 92 - - - 92 227 - - - 227
5.d TOTAL 34,543 - - - 34,543 27,885 - - - 27,885
Notes: The Liberal Theologian's contract was amended from September from 0.4 to full time.
5.e Utilities
- - - - - -
Electricity charges 11,558 11,558 9,679 9,679
Insurance 6,113 - - - 6,113 5,395 - - - 5,395
- - - - - -
Telephones & Broadband 1,704 1,704 1,456 1,456
- - - - - -
Gas charges 1,135 1,135 1,298 1,298
Water and sewage charges 978 - - - 978 318 - - - 318
Waste collection 389 - - - 389 347 - - - 347
5.e TOTAL 21,877 - - - 21,877 18,493 - - - 18,493
Notes: PV (Solar) panels have been fully operational on the Church roof since 2012. In 2023 Feed in Tariff income of £5,107 (2022 £2,812) was received from surplus electricity generated by the panels (see
note 2(d)). This income helps to offset the annual electricity charges. This figure is the cost before this offset.
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Notes to the financial statements

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For the year ended 31 December 2023 2023 2022
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2023 General Designated Funds Funds 2022
Note £ £ £ £ £ £ £ £ £ £
5.f Running Costs
Grounds 4,800 - - - 4,800 1,234 2,376 - - 3,610
- - - - -
Church repairs and maintenance 3,157 3,157 14,038 2,088 16,126
- - - - - -
IT Support 2,114 2,114 1,380 1,380
Post & Printing 1,319 - - - 1,319 944 - - - 944
Lift maintenance 1,020 - - - 1,020 720 - - - 720
Printing Licences 996 - - - 996 787 - - - 787
Auditor/Independent Examiner's Fee 978 - - - 978 931 - - - 931
Organist fees 910 - - - 910 950 - - - 950
Copier Lease Costs 889 - - - 889 919 - - - 919
Organ and piano maintenance 848 - - - 848 779 - - - 779
Cleaning 755 - - - 755 713 - - - 713
Music expenses and RSCM subscription 612 - - - 612 110 - - - 110
Fire Alarm maintenance 570 - - - 570 361 - - - 361
Payroll Bureau Charges 533 - - - 533 529 - - - 529
Sanctuary expenses 432 - - - 432 793 - - - 793
Refreshments 396 - - - 396 267 - 68 - 335
Fire Extinguisher maintenance 331 - - - 331 314 - - - 314
Boiler maintenance 295 - - - 295 - - - - -
Accounting package charges 287 - - - 287 287 - - - 287
Home from Home expenses 285 - - - 285 226 - - - 226
Burglar Alarm maintenance 203 - - - 203 551 - - - 551
PAT Testing 193 - - - 193 179 - - - 179
Library books 63 - - - 63 34 - - - 34
- - - - - - - - - -
Bookstall expenditure
5.f TOTAL 21,986 - - - 21,986 27,046 2,376 2,156 - 31,578
Notes: Significant additional amounts (£18,295) were spent on repairs and maintenance during 2023 but have been capitalised so are shown on the Fixed Assets register.
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Notes to the financial statements

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For the year ended 31 December 2023 2023 2022
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2023 General Designated Funds Funds 2022
Note £ £ £ £ £ £ £ £ £ £
5.g Other ministry
Children and youth work 918 - - - 918 1,109 - - - 1,109
Assistance from Social Fund - - 400 - 400 - - 11 - 11
Grants (Expenditure) - 370 - - 370 - 400 686 - 1,086
- - - - - - - - - -
Pastoral expenses
Lay Training fees and expenses - - - - - 286 - - - 286
- - - - - - - - - -
Student & Young Peoples Work
Trips and Events - - - - - 80 - - - 80
- - - - - - - - - -
Vicar's Discretionary Fund
5.g TOTAL 918 370 400 - 1,688 1,475 400 697 - 2,572
Notes: Grants were made from the Mainland/Stamper Bursary funds and the Social fund.
One grant with a total value of £370 was made from the Mainland Bursary Fund towards the cost of organ lessons for our Organ scholar.
Two grants totaling £400 were made from the Social fund during the year.
5.h Sundries
- - - - - -
CRC Online expenses 1,776 1,776 1,975 1,975
Sundry Expenses 5.i 812 9 - - 821 369 - - - 369
- - - - - - - - - -
Special Expenditure
- - - - - - - - - -
Legacy expenditure
- - - - - - - -
Parish Weekend Expenditure 5.j 2,003 2,003
5.h TOTAL 812 1,785 - - 2,597 369 1,975 2,003 - 4,347
Notes:
CRC Online expenses:
These expenses are for the maintenance of the CRC website. This was demised during the year with all funds being used.
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Notes to the financial statements

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----- Start of picture text -----
Notes to the financial statements
2023 2022
For the year ended 31 December 2023
Unrestricted Funds Restricted Endowment Total Funds Unrestricted Funds Restricted Endowment Total Funds
General Designated Funds Funds 2023 General Designated Funds Funds 2022
7 Analysis of Net Assets by Fund £ £ £ £ £ £ £ £ £ £
7.a Tangible Fixed Assets
Analysis of Net Book Value by Fund at 31 December 2023 (2022)
Building, Property and Organ Improvements 14,540 56,948 94,171 - 165,659 1,831 69,337 98,251 - 169,419
- - - - - - - - - -
Major redecoration
Fixtures, Fittings and Equipment 2,423 2,670 - - 5,093 3,143 6,425 - - 9,568
Total Net Book Value by Fund 16,963 59,618 94,171 - 170,752 4,974 75,762 98,251 - 178,987
Analysis by asset type Building, Property, Major Fixtures, Fittings Totals Significant assets
Organ Improvements Redecoration and Equipment £
£ £ £ £ Building, Property and Organ Improvements
Actual/Deemed Cost At 1 January 2023 462,344 24,185 129,026 615,555 2002 244,650 Major work in upper room
Additions in year: 2004 12,512 Car park upgrade
Building, Property and Organ Improvements - 2008 9,353 Tower Louvers
Organ blower cable replacement General Funds 1,380 - - 1,380 2009 14,094 South steps railings
South steps repairs General Funds 4,750 - - 4,750 7,130 Electrical wiring
Triple Glazing - lower windows Restricted Funds 1,980 - - 1,980
Wall repairs General Funds 7,205 - - 7,205
Major redecoration 2011 32,205 PV Panels
None - - - - 2011/2 11,144 Underfloor heating
Fixtures, Fittings and Equipment 2012 2,176 Loft insulation
Corridor lights General Funds - - 670 670 2013 1,512 Spire/tower renovations
New lounge chairs Designated Funds - - 2,940 2,940 1,367 Wiring upgrade
- - - - 2014/5 115,651 Organ refurbishment
Disposals 2018 76,932 Social house investment
None - - - -
Total additions in year 15,315 - 3,610 18,925 Fixtures, Fittings & Equipment
total disposals in year - - 2020 21,981 New AV system for church
At 31 December 2023 477,659 24,185 132,636 634,480
Depreciation At 1 January 2023 292,925 24,185 119,458 436,568 Major Redecorations
Charge for the year 19,076 - 8,084 27,160 2003 24,185 Asbestos stabilisation
- - - -
eliminated on disposals
At 31 December 2023 312,001 24,185 127,542 463,728
Net Book Value At 31 December 2023 165,658 - 5,094 170,752
At 31 December 2022 169,419 - 9,568 178,987
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In accordance with the Accounting Policies (see page 3), all major expenditure on fixed assets from 1 January 2001 has been capitalised and depreciated annually on a straight line basis (over 25 years for building and Organ improvements and social hoousing investments, 10 years for major redecorations and 4 years for fixtures, fittings and equipment).

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Sheffield St. Mark Broomhill		Page 20 of	26			Fin	al v3.1
Notes to the financial statements For the year ended 31 December 2023 Unrestricted Funds 7 Analysis of Net Assets by Fund (continued) General Designated Note £ £ 7.a Tangible Fixed Assets 16,963 59,618 7.c Investments Social Investments Social House Investment - 58,096 - 58,096 Parochial Church Council property 8.c.i ID1 General Investment - 217,417 ID2 Fabric Investment (Restricted) - - ID3 Fabric Investment (Designated) - 25,837 ID4 Berry Bequest Investment - - ID5 Mainland & Stamper Bursary Investment - 5,817 ID6 Kelk Bequest Investment - - - 249,071 Trust funds administered by the PCC 8.c.ii ID7 Church Hall Charity Investment - - ID8 Miss Thomas Bequest Investment - - ID9 Friends of St Marks Investment - - ID10 Elliott Bequest Investment - - - - Investments Total - 307,167 7.d Reserves General reserves 8.a PCC current account 5,576 10,599 ID11 General Reserve deposit account 7.f 28,084 58,892 33,660 69,491 Fabric reserves 8.a & 8.b ID12 Sheffield Credit Union deposit account - 10,701 ID13 Fabric Deposit (Restricted) - - ID14 Miss Thomas Bequest deposit account - - ID15 Fabric Deposit (Designated) - 2,473 - 13,174 Other reserves and accounts 8.b ID16 Social Fund - - ID17 Mainland & Stamper Bursary Deposit Account - 55 ID18 Cash/Undeposited Receipts 35 - ID19 CRC Online Susp Account - - ID20 Hospitality Fund Deposit Account - - Youth Deposit account - - Children and Young People deposit account - - 35 55 Reserves Total 33,695 82,720 ID21		2023		Total Funds 2023 £ 170,752 58,096 58,096 217,417 38,100 25,837 14,784 5,817 2,193 304,148 73,433 35,309 18,039 6,940 133,721 495,965 8,977 86,976 95,953 10,701 3,647 3,196 2,473 20,017 821 55 35 - - - - 911 116,881		2022
		Restricted Funds £ 94,171 - - - 38,100 - - - - 38,100 - - - - - 38,100 (7,198) - (7,198) - 3,647 3,196 - 6,843 821 - - - - - - 821 466	Endowment Funds £ - - - - - - 14,784 - 2,193 16,977 73,433 35,309 18,039 6,940 133,721 150,698 - - - - - - - - - - - - - - - - -		Unrestricted Funds General Designated £ £ 4,974 75,762 - 61,152 - 61,152 - 197,676 - - - 23,491 - - - 5,313 - - - 226,480 - - - - - - - - - - - 287,632 35,606 (6,017) - 68,266 35,606 62,249 - 10,595 - - - - - 1,648 - 12,243 - - - 256 - - - 1,804 - - - - - - - 2,060 35,606 76,552	Restricted Endowment Funds Funds £ £ 98,251 - - - - - - - 34,640 - - - - 13,502 - - - 2,003 34,640 15,505 - 66,766 - 32,249 - 16,475 - 6,338 - 121,828 34,640 137,333 (6,324) - - - (6,324) - - - 2,430 - 2,150 - - - 4,580 - 1,031 - - - - - - - 1,363 - 1,289 - 500 - 4,183 - 2,439 -	Total Funds 2022 £ 178,987 61,152 61,152 197,676 34,640 23,491 13,502 5,313 2,003 276,625 66,766 32,249 16,475 6,338 121,828 459,605 23,265 68,266 91,531 10,595 2,430 2,150 1,648 16,823 1,031 256 - 1,804 1,363 1,289 500 6,243 114,597

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Sheffield St. Mark Broomhill		Page 21 of	26			Fin	al v3.1
Notes to the financial statements For the year ended 31 December 2023 7 Analysis of Net Assets by Fund (continued) Note Debtors and prepayments PA1 Income tax recovery due at year end PA2 PV Panel FIT income due at year end PA3 Room hire outstanding General Income debtors 7.e Accruals and deferred income PA4 Electricity and Gas owed at year end PA5 Fees owed PA6 Expenditure Accruals PA7 Grants received in advance CRC Accruals International donations owed at year end Diocese Fund Balance 7.f General reserve deposit account breakdown General Reserve Legacy Reserve Diamond Anniversary Fabric Reserve Director of Music funding Home from Home maintenance funding		2023		Total Funds 2023 £ 2,637 558 85 - 3,280 (2,389) (100) (451) (286) - - - (3,226) 783,652		2022
	Unrestricted Funds General Designated £ £ 2,637 - 558 - 85 - - - 3,280 - (2,389) - - - (451) - - - - - - - - - (2,840) - 51,098 449,505 28,084 47,516 6,279 5,097 0 0 28,084 58,892	Restricted Funds £ - - - - - - (100) - (286) - - - (386) 132,351	Endowment Funds £ - - - - - - - - - - - - - 150,698		Unrestricted Funds General Designated £ £ 5,226 - 563 - 200 - 90 - 6,079 - (2,733) - - - (825) - - - - (90) - - - - (3,558) (90) 43,101 439,856 18,477 36,872 7,895 5,022 68,266	Restricted Endowment Funds Funds £ £ - - - - - - - - - - - - (2,270) - - - (470) - - - - - - - (2,740) - 132,590 137,333	Total Funds 2022 £ 5,226 563 200 90 6,079 (2,733) (2,270) (825) (470) (90) - - (6,388) 752,880

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Sheffield St. Mark Broomhill

Final v3.1

Notes to the financial statements

For the year ended 31 December 2023

8 Fund details

8.a Unrestricted Funds

The General Fund is used to pay all the everyday expenses of the church. This fund is “unrestricted” because the money has been given to the church on the general understanding that it will be used at the discretion of the PCC for furthering the mission and ministry of the church. Unless specified otherwise, all the money received by the church is first put into the General Fund.

The PCC may decide to put some of the General Fund money aside in deposit accounts for use in the future (for example, for building repairs). This money is “designated” for administration purposes only. Such funds are still unrestricted and can be moved to other funds if the PCC so decides. The PCC currently has “designated” deposit accounts for general and fabric purposes.

Mainland Bursary Fund for development of young people
Property:	1,070 shares in The CBF Church of England Investment Fund
Purchased:	31-Aug-89
Original cost:	£6,000	Market value	31/12/2023	£ 5,817	2022 £ 5,313

At the January 2020 PCC meeting it was agreed that in the absence of any documentary or anecdotal evidence to the contrary that the Mainland Bursary funds are more correctly recorded as Designated funds rather than Endowment funds. They have therefore been moved as at 31Dec2019 from Endowment to Designated.

Fabric Investment (Designated) Property: 8583.73 units in the COIF Charities Ethical Investment Fund Purchased: 10-Sep-20 Original cost: £23,076 Market value 31/12/2023 £ 25,837 2022 £ 23,491

This account was created by merging several small designated fabric deposit accounts. Therefore the income from the above investment should be used for Fabric purposes. The dividends from this accounts is paid to a dedicated CCLA Fabric (Designated) deposit account.

8.b Restricted Funds

These are funds that are subject to some particular restriction on the way they may be spent or applied. The money received is restricted either by the donor or by the terms of an appeal for a particular purpose such as a special collection for overseas aid or for a major repair. The PCC has several deposit accounts that are “restricted” in their use for either fabric or other specified purposes.

Fabric Investment (Restricted) Property: 12657.65 units in the COIF Charities Ethical Investment Fund Purchased: 10-Sep-20 Original cost: £34,028 Market value 31/12/2023 £ 38,100 2022 £ 34,640

This account was created by merging several small restricted fabric deposit accounts. Therefore the income from the above investment fund can only be used for Fabric purposes. The dividends from this account is paid to a dedicated CCLA Fabric (Restricted) deposit account.

Page 23 of 26

8.c Endowment Funds

These are another form of restricted funds and represent money that has been given to the church with the specific instruction that only the interest or dividends earned by the investment can be spent. The original money (or “capital”) cannot normally be spent and must remain in the form of investments.

8.c.i

Parochial Church Council Property

The PCC may hold property “for any ecclesiastical purpose affecting the parish or any part thereof” and for certain educational purposes (PCC (Powers) Measure 1956, Section 5). “Ecclesiastical purposes” will include any purpose furthering the work of the Church of England in the parish. The capital sums and income derived there from can only be used for these purposes.

Held in the name of the Vicar and Church Wardens, administered by the PCC

Miss Berry Bequest for general purposes
Property:	654 shares in The CBF Church of England Investment Fund
Purchased:	28-Feb-69
Original cost:	£730	Market value	31/12/2023	£ 14,784	2022 £ 13,502

Kelk Bequest for general purposes
Property:	97 shares in The CBF Church of England Investment Fund
Purchased:	31-Aug-82
Original cost:	£200	Market value	31/12/2023	£ 2,193	2022 £ 2,003

8.c.ii Trust Funds administered by the Parochial Church Council

These funds comprise a charity administered under a scheme made by the Charity commissioners, two bequests and a donation involving permanent trusts restricting the use of the capital that is held by the Diocesan Board of Finance.

The St Mark’s Church Hall Charity
Property:	106.68 shares in CCLA - COIF Charities Ethical Investment		Fund
(Original Purchase:	12,277 shares	31-Mar-93	Original	cost:	£19,189)
Dividends reinvested in year to purchase	825 shares	at a cost of		£1,357
Market value	31/12/2023	£ 73,433		2022	£ 66,766

The above investment originates from the sale of the former church hall in Ashgate Road, Broomhill, in March 1971. The PCC are managing trustees, the Diocesan Board of Finance custodian trustees. The clear income from the charity is to be applied to further the “religious and other charitable work of the Church of England” in the ecclesiastical parish of St Mark, Broomhill. The charity property may also be used for land and building required for that work. By an order dated 14 January 2014, the Charity Commissioners authorised expenditure of £34,000 from the Charity’s permanent endowment for the purpose of restoration and refurbishment of the Church organ under the condition that the sum be repaid over 30 years at a minimum of £1,133 per annum. In addition, the PCC authorised the expenditure of £16,000 from the Charity’s accumulated income for the same purpose. Accordingly, in January 2014 the Diocesan Board of Finance realised 32,041 of the Charity’s shares to the value of £50,000 and this sum was paid into the Organ Restoration Appeal Fund on 3 February 2014. This loan was repaid in 2020 so that income can return to being for general use as specified above.

Page 24 of 26

Miss Thomas Bequest for church repairs Property: 1562 shares in The CBF Church of England Investment Fund Purchased: 30-Nov-61 Original cost: £1,132 Market value 31/12/2023 £ 35,309 2022 £ 32,249 Friends of St Mark’s Investment Account for fabric repair purposes only Property: 798 shares in The CBF Church of England Investment Fund Purchased: 31-Oct-82 Original cost: £1,750 Market value 31/12/2023 £ 18,039 2022 £ 16,475

The income from the above two investment funds can only be used for church repairs. During 2020 new fabric deposit accounts were opened with CCLA. The dividends from these accounts are now paid to the new fabric deposit account.

Elliott Bequest for parochial and charitable purposes
Property:	307 shares in The CBF Church of England Investment Fund
Purchased:	31-Aug-66
Original cost:	£220	Market value	31/12/2023	£ 6,940	2022 £ 6,338

The property of the above mentioned investment can only be used for the purposes mentioned. Therefore the dividends are paid directly to the main church bank account for general use.

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Sheffield St. Mark Broomhill

Final v3.1

Notes to the financial statements

Sheffield St. Mark Broomhill Notes to the financial statements					Fin	al v3.1
For the year ended 31 December 2023 9 Allocation of Legacy funding 9(a)Legacy projects Contribution towards cost of new chairs in lounge Tree work on green		2023	Total Funds 2023 £ 1,571 - - - - - 1,571		2022
	Unrestricted Funds General Designated £ £ - 1,571 - - - - - - - - - - - 1,571	Restricted Endowment Funds Funds £ £ - - - - - - - - - - - - - -		Unrestricted Funds General Designated £ £ - - - 2,376 - - - - - - - - - 2,376	Restricted Endowment Funds Funds £ £ - - - - - - - - - - - - - -	Total Funds 2022 £ - 2,376 - - - - 2,376

This is a description of the allocation of funds during 2023.

The funds used in 2023 are detailed in the expenditure section of the accounts above.

Statement of responsibilities of the members of the Parochial Church Council ("PCC")

The Church Accounting Regulations 2006 and the Charities Act 2011 require the members of the PCC to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the PCC and of the incoming resources and application of resources in the year then ended. In preparing those financial statements, the members of the PCC are required to:

select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the PCC will continue in operation.

The members of the PCC are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the PCC and which enable them to ascertain the financial position of the PCC and which enable them to ensure that the financial statements comply with the Church Accounting Regulations 2006 and the Charities Act 2011. They are also responsible for safeguarding the assets of the PCC and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities

INDF,PF.NDF.NT EXAMINER'S REPORT TO 1'HE MEMBERS OF TItE PAROCHL4L CHURCH COUNCtL OF THE ECCLESIASTICAL PARISH OF ST f+WU('S CHURCH BROOMHILL SHEFFIELD I report on the accounts of the ParoBhial Church Council for the year ended 31 DcccTnber 2023 which are set out on pages 5 to 25. Reypective rtsponsibiiitiu ofparothi41 Chur¢h Coutttll *ttd euminer The MembcT5 of th¢ PaTo¢hial Church Council are resrKbll5ible forth¢ prepsration of the accounts in a¢eord8nce with the requi¢1)ts of the Charities Act 2011 ('thc Act,). I report in respect of my examinlort of the Charity's accounts carried out und¢r Stt¢ioo 145 of the Act and in carying out my examinatioj) I b8v¢ followed all the applicable Directions given by the Charity CotnThission uRd¢r s¢¢tion 145(5Xb) of thc Act. Independent examiner s sta¢¢mettt Sin¢¢ the ¢harity's income exceedcd £250.000 your ¢xomin¢rmust be a member of a body listed in s¢ction 145 of the Act. I confirm that l Atn qualifi to undertake the examination because l am a member of the Institute of Chartered Accounianis in En8d and Wale5, which i5 one of the listed bodies. I have Gotnpleled my ¢xaminalion. I confirtTh thal rLO tnal¢riai maii¢rs have come to my att¢tLtion in ¢oThncction with lh¢ ¢xamination 8ivin8 me cauK io believe ot)y material re5tKcl'. a¢counting records were not kw in resKrtt of th¢ Charity L8 required by stetiott 130 of th¢ Act. or 2. the accounts do not accord with ihose rords. or the accounts do noi ¢omply with the applicable TtqUiTemertts ¢on¢erniDg the folm and content of accounts set oui in th¢ Charities IAccoutLtS Wld Repo) R¢gul8¢ion$ 2008 other than any requiT¢ments that the accounts 8ive a'lrue and fair vi¢w' whi¢h is not a matter considered Is pfjrt of an ind¢kxndent examination. I have no cimcerns and hav¢ come a¢ross no other matter5 in connection with the examination to which att¢ntion should be drawTh in this report in ord¢r to enable proper understanding of the accounts to be reache4]. Julie Holderness ACA FCCA I'or and on beh4lf of Roddis Toyior Robinson Chartered Accountants Unit 6 A¢orn Busine55 Park Sh¢ffield S8 07B 19 April 2W24 Page 26 of 26