PAROCHIAL CHURCH COUNCIL OF ST. ANDREW'S CHURCH. aURNHAm-OsEA {Charity No 1128895) ANNUAL REPOFrr AND FINANCIAL STATEMETrtrs FOR THE YEAR ENDED 31 DECEMBER 2023
PAROCHCIAL CHURCH COUNCIL OF ST. ANOREvfs CHURCH, BURNHAM-ON-SEA PAGE 1 ANNUAL REPORT AND FINANCIAL sTATEmEs FOR THE YEAR ENDED 31 DECEMBER 2023 INCUMBENT VACANT BANKERS Lloyds Bank BURNHAM-ON-SEA Sornersel INDEPENDETrif EXAMINERS Weslcolls Chartered Accountants 80 Oxloid Street 8URNHAM.ON.SEA Sofflersel TA81EF BACKGFIOUND Sl AndreS PCC has the responsibilty of li) (xTroperating with the incumbent. {ill pmmoling in the ecclesiastical parish the whole mission ol the Church, pastoral, evangelistic, SOCI and eoLJmenical,' liiil maintaining the Church ol Sl ArNJrew arKI the Chbrch Hall, 8urftham on Sea. During the vacancy, which encompassed th8 whole of 2023, co-operatir¥J wtth the IrUfflbet was replaced by co-operating with the Dioces& in the process of seleGting a new Vicar, arKI ensuring the ¢onlinLed ministry of our Church. The PCC 18 extremely grateful to Associate Vicar Rev Sharon Ekleryill and the retired clergy for their unslinting sUPPOrt throLighout the year. MEMBERSHIP Members of the PCC are either ex off0 or eleclaj by the Annual Parochial Church Meeting IAPCMI in accordance wfth Iho Church Representative Rules 1972. During the year the tollowng seNed as memters ol the PCC: Incumbent Vacant Associale Vicar Revd Sharon Eklergill Wardens Mrs Patricia Comer (Lay chairl Mr David Carter (Lay chairl Representatives ol the Deanery Synod Mrs Jane Kendatl, Mrs Julia Smith Elected Members Dewly Churchwardens Ms Annemarie Sampson Mrs Julia Smf(h Mrs Avril Shepherd Mrs Julia Arthur Mrs Penelope Thomson Mrs Sonia Scott Mrs Dee Comish Mrs Pal Grimes rs Francesca 8owkett Mrs Jane Kendajl Isecrelary & Safeguarding Officer)
PAROCHCIAL CHURCH COUNCIL OF ST. ANDREWS CHURCH, BuRNHAm4>sEA PAGE 2 ANNUAL REPORT AND FINANCIAL STATEmErs FOR THE YEAR ENDED 31 DECEMBER 2023 Financial Advisor arKI Consullanl Mr Nigel Kemp ol Kemp Hall Accountants CommfEEs Slandlng Cornmittee This is the only statutory committee required by law. It has the wwer lo transact business lor Ihg PCC between meetings. 11 has a ceiling of £500 expendrture between meetings wilhoul reference lo the full PCC. The staThJI Committee sets the agenda lor the PCC. Buildings Committee The PCC acls as a whole lor this purF(Jse. It oversees Ihe maintenance ol the Church plant armj its good order. This includes the Church, the Church H1 and Shed. & 6 Jaycroft Fload. Ministry Committee Invotves the Clergy, occasionaly retired Clergy and Readers as well as the Churchwardens.11 oversees the arrangements for the rolas for minkstry.11 ofleis ideas and strategies lor mission and ministry within the parish. Soclal Commillee Oversees the very sknocessful programme of fundrwsing and social events throughout the year. Many events occurred in church in line with our philosophy lo make the buikjing more usable.
PAROCHCIAL CHURCH COUNCIL OF ST. ANDREW'S CHURCH. BURNHAM-0sEA PAGE 3 ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 CHURCH ArrENDANCE There ar& 98 names on the Electord Roll as presented to the 2023 APCM. Severd members have died or moved since this time. Annud Communicants 2023 - 4800 Approx 2022- 4912 Occasional offices Baptisms Confirmation Weolyings Service of prayer followirKJ civil marriage Funoral and cremations from the pwish. for which an Anglican Priest was required 37 The lull PCC mel in person on 10 occasions. The par6h continues lo enjoy good relations wf(h the other Churches in the town. The parish participates lulty within the Deanery. Slgniflcant events In Ihe Ilfe of th& Church In 2023 Mosl significantly.. the church spent of 2023 in Vacancy. IE was confirmed early in the year that Sl Andrew's would be appoinled a new Vicar, after which a long period of preparing the Parish Profile was begun. We wou like lo thank all Ihose in our congregation who took part in that process. All the candidates who were invited lor inleNiew said that the Parish Prolile was a significant factor in encouraging Ihem to apply. Much PCC lirlle was invested in the selection arKI recruttmenl Process. Despite this we conlinued with essential church 'maintenance, including Sorne significant work on bell maintenance. We returneé to our normal offering of church services lollowing COVKI. irKluding a church onIng programme and also ran a successful though somewhat leaner events programtne. Our income from donors was significantly reduced arKJ we hotE lo address this in the coming year. We were not in a position lo pay our parish share in lull. Though no formal disbursernents were made in 2023 the PCC acknowledges ihe congregation's support ol The Children's Society, Mission to Seafarers, Christian AKI and a number of one-off payments lo good causes includirrfJ the Turkey eartlNuake, foodbank and a number ol organisalions grfled Christmas donations. GENERAL FINANCIAL STATEMEpir Overall there was a small nel income ahOUgh r&luced from the previous year.
PAROCHCIAL CHURCH COUNCIL OF sr. ANDREWS CHURCH, BURNHAN-sEA PAGE 4 ANNUAL REPORT AND FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2023 RESTORATION FUND This account has been used lo fund part ol the Restoration work for which it was set up and kept funds separatoly Irorn the General Account. RISK MANAGEME The m34or risks laced by the charty have been addressed. There is an ongoirvJ bri8f by the PCC to monitor our financial 5tabilrty. Finally, our thanks go to Weslcotts for overseeing our annual linancial examination. ON BEHALF OF THE PCC David Carter Lay Chalr CHAIRMAN DATED:
INDEPENDE EXAMINER'S REPORT TO THE PAROCHIAL CHURCH COUNCIL OF ST. ANDREW'S CHURCH, BURNHAMQN-SEA PAGE 5 I report on the accounts for the year eryled 31* Decemter 2023 which are Sel out on pages 6 1015. Respectlve responsibllilles of the Trustees and lndepeTrdt Exarniner As trustees of the charity, the members of Ihe PCC are resrK)nsible for the preparation of the accounts. They consider that an audit is not reqbired for this year under section 144121 ol the Charities Act 2011 {the 2011 Act) and that an inde[Kent examination is needed. It is my responsibility to- Examine the awount5 under section 145 of Ihe 2011 Act., Follow the procedures laKI dovffl in the General DirectK•ns gwen by the Char(ly Commissioners section 145{5}Ibl of the 2011 Act- and Stale whether particular matter5 have come lo my attention. Basis Of Indepwd8nt Examinerfs Staternent My examination was carried out in accordance with the Generd Directions given by the Charity CommÉssion. An examination includes a review of the accourning records kepl by the charity and a comparisan of the accounts pres&nted wrih those records. li also indiides consideration ol any unusual items or disclosLJres in the accounts, and seeking explanations from the management committee concerning any such mallers. Tre procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an aL)dit opinion on the accounts. Independeni Examiner's Statement In ¢onnection"wiih my exarn1natn, no mafler has come to my attention: 111 which gives me reasonable cause to believe thal in any Materi respect the requirements lo keep accounting records in accordance with seclion 130 of the 2011 Act. oi lo prepare accourrts which accord wfth these attounting records have not been mol; or {21 to which, in my opinion, attention shouhj be drawn in order to enable a proper understanding ol the accoLJnts to be reached. WESTCOThS CHARTEFIED ACCOUNTANTS 80 OXFORD STREET BURNHAM-ON-SEA SOMERSET TA8 1EF
PAROCHIAL CHURCH COUNCIL OF ST. ANDREWS CHURCH, BURNHASEA STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 PAGE 6 See Unrestricted Designated Rostricted Note Funds Funds Funds Total Funds 2023 2022 Incomlng Resources Voluntary income.. Incoming resources from donors 2{a) Other volunlary incoming resources 2{b) Activities tor generating funds 21¢) Charitable activities 21d} Income from investments 21e} Edithmead Church 2{t) 48.201 3,566 19,692 12,651 12.11X) 441 48,201 3,566 4,117 23,809 12,651 12,100 441 57,124 2.055 31.773 12.066 11.722 671 Total Incomlng Resources 96.651 4,117 100,768 115,411 Resources Expended Fund rsing trading-" Charitable attiivities Benelaclions Activities directly relating to the work ol the church Support costs Other resources experKled Edilhmead Church 31al 3{bl 25 25 555 1,601 1,850 31c) 31d) 31e) 3{f) 73,167 6,572 4,479 507 72,167 6,572 4,479 507 59,564 6,504 10,986 2,236 Total Resources Expended 85,305 85,305 82,741 Net IOulgoing)IlncoTning Resources 11,346 4,117 15,463 32,670 Balances brought forward at 1 January 2023 63.761 5,411 112,680 181,852 149,182 Balances carrigj loNard at 31 December 2023 75.107 5.411 116,797 197.315 149,182
PAFIOCHIAL CHURCH COUNCIL OF ST. ANDREvfs CHURCH. BURNHAM-0sEA PAGE 7 BALANCE SHEET AT 31 DECEMBER 2023 Note 2022 FIXED ASss Furnishings, fittings equipment Investment asset Illveslment 3,135 8,510 I,0 2,827 8,510 1,000 12.645 12,337 CURRENT ASSErs Stock ol healing oil Debtors Cash al bank and in hand 300 5,079 180,561 300 7,247 163,950 185,940 171,497 LIABILrriES Amounts fallillg due wÉlhin one year Hall key deposits 1.270 1,952 30 NET CURREKf ASSErs 184,670 1 $9,515 NET ASSETS 197,315 181,852 FUNDS Unreslrlcted 75.107 63,761 Designated 5.411 5,411 Fiestricted 116,797 112,680 197,315 181,852 Approved by the Parochial Church Council on and sign&1 on its behatl by.. DAVID CARTER LAY CHAIR MRS PCCOMER The notes on pages 8 10 15 form part of these accounls.
PAROCHIAL CHURCH COUNCIL OF ST. ANDREvfs CHURCH, BuRNHAm.ONEA PAGE 8 NOTES TO THE FINANCIAL STATEMEMrs FOR THE YEAFI ENDED 31 DECEMBER 2023 ACCOUNTING POLICIES lal Basls of accounllng These financial statemenls have been prepared under the Charrtl85 Act 2011 and in accordarKe with the Church Accounting Regulations 2006 governing the individual accounts of PCCS, together with applicable accounting standards the Statement of Recommended Practice, Accounting and RetK)rting by Charilies ISORP 20051, Ibl G8neral funds iepresent the funds of the PCC that are not subject lo any reslrtctions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpjse by the PCC are a150 unrestricted. Reslricled funds are IhDse funds that must be spent on reslricled purposes and details ol the fund5 hekl arKI restrictions are provided in note 7. The financi stal6Ynents include 1 transactions, assets and liabilities for which th8 PCC is responsible in law. They do not indude the financi slalements DI church groups that owe thgir rnain affiliation to another iyxty, nor those that are informal galheiings of church members. Icl Incoming Resources Donatlons. lega¢i8s and simllar in¢oming resources These are included in the Statement ol Financial Aclivtties ISOFAI when.. the charity becomes entrtled to the th)nation, legacy or similar income and any conditions lor receipt are mel; the trustees are reasonabty rtain they will recenie it; aryj the trustees are reasonably certain that the value can be reliably measured. Tax reclalms on donallons and glfls Incoming resources from tax Claims are included in the SOFA at the same time as the gift lo which they relate. Incomlng resources from lunthralsing These are reported gross in the SOF Gifts in klnd for sale or dis1rlbulion These are included in the accobnls as gifts only when sold or distributed by the charity. Gifts In kind are accounted for at a reasonable estimate of ttieir value to the charity or the amount actulY realised. Glfts In nd for uso by the charlty These are included in the SOFA as incoming resources when receivable.
PAROCHIAL CHURCH COUNCIL OF ST. ANDREW'S CHURCH. BuRNHA4)sEA PAGE 9 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 1. Accouri POLICIES (coKllNUED) Intanglble In¢ome (for example.. donated fa¢llllies) This is only Included in inwmlng resour Iwlth an equwalent amount in resources expended) where another party is bearing the financid cost ol the resources supplied and the benefit is quanliffable, receNable and material. Intangible inwffte is valued al the IDwer ol the cost borne by the party bearing the c051 and a reasonable estimate ol the value ol the donation to tha chartty. Idl Volunteer help The vaue of any voluntary help recerved is not inclu(led in the accounts bul is described in the annual report. lel Resources Expended Grants and donations are accounted for when pd over. or when awarded: if that award creates a birKling or constnjctive obllgation on the PCC. The diDCgsan parish share is accounted for when dLJe. Amounts receNed specifically for mission are dealt with as restricted funds. All other expenditure is gener recognised when rt is incurred and is accounted for gr055. 111 Assets Consecrated propety and movable church fumishlngs Consecrated and benefed propety of any kind is excluded from the financial statements by s.1012)lal of the Charities Ad 2011. Movable church furnishings hekl by the vicar and churchwardens on special trust foi the PCC and which require a faculty for disFosal are accounted lor as ivalienable property unless consecrated. They are listed in Ihe Church'5 inventory, which can be inspected lal any reasonable timel- For inaiienable property acquired prior to 2C(J4 there is insufficient cost .informalion available and therefore such assets are not valued in the financial statements. Items acquired since 1 January 2CO4 have been capttdized atKI depreciated in Ihe financial statements over Ih8ir current anticipated usefvl lÉfe on a reducing balance basis. All expenditure incurred in the year on consecrated or beneficed Lx]ildings, irKlividual item5 under £250 or on the repairs of mOVae church fvmishings acquired before 1 January 2004 is written off. Tangible lixed assets for use by the charlty These are Capitalis il they can be used for more than one year, and cost al least £250. They are valued al cost or a reasonable value on receipt. The charity does not have a policy of revaluation. Prior to 1 January 2004, the cost was written ott to Income and Expenditure account. Investments These are shown at original cost of investmerrt {gl Rental Income Rental income from the letting of the church hall is recognised when Ihe rental is due.
PAROCHIAL CHURCH COUNCIL OF ST. ANDREIYS CHURCH, BURNHAM-0sEA PAGE 10 NOTES TO THE FINANCIAL sTATEMEs FOR THE YEAR ENDED 31 DECEMBER 2023 1. ACCoU1NG POUCIES {COfrmNUED) Depreciation Depreciation is calculaled so as to write off ihe Cost ol an asset, less ts estimated sidU value, over the useful economic life ol that assel as lollows: Furnishings, fittings and equipment 25% per annum on a reducing balance basis Stocks and work in progress These are valued at the lower of cost or matket value. 2. INCOMING RESOURCES Unreslrfcted Deslgnated Restricted Funds Funds Funds Totsl Funds 2023 2022 lal Incornlng resources from donors Covenanted and gift aided giviry 31,611 Income lax recoverable 7,459 Uncovenanted planned gNing 31,611 7,459 37,045 7,569 3,455 Collections at serwces: Cash collections 9.131 9,131 9,055 48,201 - 48,201 57,124 Ibl Other voluntary incoming resources Gift days and sundry donations: Legacy Donations to Church 2,000 1.566 2.000 1.566 2.055 3,566 3,566 2,055
PAROCHIAL CHURCH COUNCIL OF ST. ANDREWS CHURCH, BURNHAM-OPbSEA PAGE 11 NOTES TO THE FtNANCIAL sTATEmErs FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestricted Designated Restricted Funds Funds Funds Total Funds 2023 2022 {c} Artivill8s lor gonernting fund5 Church hall lellings 14,263 14,263 13.848 NoTrcharitable trading Olhgr Collections re incumbent retirernetrt Edithmead roof appeal Donations lor memorial garden Concerts gtc re church hall Book ol Rgmembrance Coffee ladies 1,331 1,331 2.165 2.461 4.117 4,117 5,000 5,775 42 1,382 1.539 1,539 798 Fund ralsing - Wall Safe 50150 club 6¥2 1,075 622 1,075 1,100 19.692 4,117 23.809 31,773 Idl Incoming resources from charitabl8 actlvitles: Chantable and ancillary Iradiw. Magazine acfvertisements and sales PCC lees 12.651 12,651 12.066 12.651 12,651 12,066 lel Income from investments Flenl receivable from properties 12,1C 12,100 11,722 12,100 12,100 11,722 (fl Edithmead Church Income Gift Aid 441 671 441 441 671 Total IrmIng Resources 96.651 4,117 1(K),768 115,411
PAROCHIAL CHURCH COUNCIL OF ST. ANDREvfs CHURCH, BURNHAm-05EA PAGE 12 NOTES TO THE NANCIAL sTATEmEs FOR THE YEAR ENDED 31 DECEMBER 2023 3. RESOURCES EXPENDED Unrestri¢ted Designated Restrl¢ted Funds Fund$ Funds Total Funds 2023 2022 lal Fund raising trading Fund raising expenses 25 25 1,6(J1 Ibl Benela¢tlons Alzhemers Sl Margaret's Hospice BAR8 Dementia Stroke Association Weston Hospice Salvation Army Marie Culle Alghanislan Appe Turkey Earthquake Food Bank 970 254 119 65 66 20 256 335 220 220 555 555 1,850 {c) Actlvltlesdlreclly relatlng to the work of tho Church Ministw. Diocesan parish share Statutory lees Clergy expenses 29,910 6,026 1,458 29,910 24,912 6,026 6.122 1,458 2.943 Church running expenses'.- Water Insurance Repairs and maintenan aell refurbishment & repaiTS Telephone Electrlty and gas 71 3,592 3.054 3.780 716 2.202 5,210 71 3,592 3,054 3,780 716 2,202 5,210 92 3,475 3,324 918 1,928 3,778 Upkeep of services:_ Altar requisites 628 628 1,016 Sundry expens&s Incumbent retirement grft Depreciation 240 240 804 2,500 6D4 791 791 57,678 57.678 52,416
PAROCHIAL CHURCH COUNCIL OF ST. ANDREW'S CHUACH. BURNHASEA PAGE 13 NOTES TO THE FINANCIAL STATEMETrirs FOR THE YEAR ENDED 31 DECEMBER 2023 3. RESOURCES EXPENDED {coimNUED) Unrestrlcted Designated Restricted Funds Funds Funds Total Fund$ 2023 2022 Hall running wsts.. Insurance Water Repairs aThJ mainlenanco Caretaker & staff costs (Nole 41 Electricity and gas Depreciatio 689 113 123 2,435 5,471 1,864 2,408 5.471 4.912 254 4,912 254 333 13.195 13,195 5,825 B(K)k-keeping fegs 2,294 1,323 73,167 73,167 59,564 Id} Support costs PhotcKopier expenses General administration 1,770 4,802 1,770 4,802 2,323 4,181 6,572 6,572 6,504 lel Olher resources expond Archilecls fees - Hdl Survey Architects fees- Garden of Remembrance Rented propety costs Bank, charges and interest 2,769 3,927 3.454 836 3,803 876 3,803 676 4,479 4,479 10,986 lfj Edilhmead Church Church expenses 507 507 2,2S6 507 507 2,236 Total Resources Expended 85.305 82,741
PAROCHIAL CHURCH COUNCILOF ST. ANDREW'S CHURCH. BURNHAM-ON-SEA PAGE 14 NOTES TO THE FINANCIAL sTATEmEs FOR THE YEAR ENDED 31 DECEMBER 2023 4. STAFF COSTS 2023 2022 Wages and sataries 5.471 2,408 During the year the PCC employed only part-time employees. none ol whom eamed £50,000 p.a. or more. No trustees nor any person connected wth them have received any remuneration or expenses. 5. FIXED ASSErs Furnishlngs, flttlngs and equipment 2023 2022 Wrillen down value at l January 2023 Athjitions 2,827 1,352 3,205 565 4,18D 11,045} 3,770 19431 DeprlatIOn for year Written down value al 31 December 2023 3,135 2,827 Investment Asset Freehold land and buildings Actual cost at 1 January 2023 8.510 Actual cost al 31 December 2023 8,510 The Freehold land and buildings compnses 6 Jaycroft Road. Burnhain-on-sea. The prortY is valued al £300,000 lor lnsurwe wrposes. 6. INVESTME 2W23 2022 Somerset Credit Union Cost al 1 January 2023 RepaKI in year 1,000 1.000 Cost at 31 December 2023 1,000 1,000
PAROCHIAL CHURCH COUNCIL OF ST. ANDREvfs CHURCH, BURNHAm4)sEA PAGE 15 NOTES TO THE FINANCIAL sTATEmEs FOR THE YEAR ENDED 31 DECEMBER 2023 7. ANALYSIS OF ASSEfs BY FUND Unrestr5cled Funds Deslgnaled Restricted Fund Fund Total Majorwork Repair Fund Fixed Assets Investment Fixed Assel Current Assets Curient ab11r(ieS 3,135 9,510 eo,732 {1,2701 3,135 9.510 185.940 11,2701 5,411 116.797 FUMJ balance 75,107 5,411 116,797 197,315 8. DEBTORS (unrl¢ted Funds) 2023 2022 Income lax recoverable Prepayments 1.200 3.879 1,200 6,047 5,079 7,247 9. LIABILITIES: Amounts fatling due within one year (Unrestricted funds} 2023 2022 Other creditors Sundry creditors Hall Key Deposfts 900 f,612 340 30 30 1,270 1,982
PAROCHIAL CHURCH COUNCIL OF ST. ANDREW'S CHURCH, bURNHASEA ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 CLIENTS. CERTIFICATE We have reviewed the attached income exFenditure account and statement ol assets and liabilities and confirm that they property rellecl all the income and extndItUre ol the Church Council for the year under review army the assets and liabilities * the year end. We therefore approve the accounts. SIGNED DATED SIGNED DATED