## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD** 

## **REGISTERED CHARITY NO: 1129064** 

## **FINANCIAL STATEMENTS FOR THE YEAR ENDED** 

**31 DECEMBER 2023** 



**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD** 

## **__________________________________________________________________________________________ Registered Charity No:  1129064** 

## **TRUSTEES** 

**Team Rector** Rev’d Claire Rose-Casemore T **eam Vicar** Rev’d Marisa Cockfield **Other Ministers** Rev’d Alan Glover Rev’d Chris Hutchins Rev’d Robin Pirrie **Churchwardens** Ro Day (to 30 April) Ben Duhig Sally Strutt (from 30 April) **Deputy Churchwarden** Mark Porthouse (from 13 November) Sally Strutt (to 30 April) **Deanery Synod Reps** Ro Day (from 30 April) Lorna Dorrinton Maggie Murray (from 30 April) Steve Roberts (to 30 April) 

**Elected Members** 

Chris Beechey David Bertie Mary Dendle (to 30 April) Michael Elliott Richard Holwill Pam Howlett Richard James Robert Marnham (from 30 April) Nadine Pearce David Rendle (from 30 April) David Sparkes (from 30 April) 

## **PARISH ADMINISTRATOR** 

Debbie Crawford 

## **CORRESPONDENCE ADDRESS** 

St Mary’s House 9 Church Walk BIDEFORD Devon     EX39 2BP 

## **EMAIL ADDRESS** 

admin@stmaryschurchbideford.org 

## **OTHER NAMES CHARITY IS KNOWN BY** 

Bideford Parochial Church Council (PCC) St Mary’s Church, Bideford St Mary with St Peter, Bideford 

## **INDEPENDENT EXAMINER** 

M. J. Fishleigh F.C.A. Mount Cottage Mount Pleasant Westleigh BIDEFORD Devon EX39 4LJ 

## **BANKERS** 

National Westminster Bank PLC 41 High Street BARNSTAPLE Devon     EX31 1HJ 

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**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD** 

**__________________________________________________________________________________________** 

## **TRUSTEES' REPORT** 

The Trustees present their report and the financial statements for the year ended 31 December 2023.  The financial statements comply with applicable Accounting Standards and Statements of Recommended Practice and the requirements of The Charities (Financial Statements and Reports) Regulations 2008 and section 132(1) of the Charities Act 2011. 

## **OBJECTIVES AND AREA OF BENEFIT** 

The church has the motto that we should ‘Seek First the Kingdom of God’ and the Parochial Church Council (PCC) has the responsibility of co-operating with the Team clergy in promoting, within the ecclesiastical parish in this town and surrounding area, the whole mission of the church, pastoral, evangelical, social and ecumenical. 

The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can reach out and welcome all who live in our parish. We aim for our worship and prayer to put faith into practice through prayer, scripture, music and sacrament. 

As part of our witness and service to our community we provide pastoral care for the sick and needy, including the Friday Diner and the Mary’s Place Warm Hub, plus working with young children through Music Makers, Messy Church and Stay and Play activities. 

## **ACTIVITIES** 

The PCC met six times during the year with an average attendance of 75%. 

We have continued with the pattern of services established last year; our Sunday morning programme comprising the more traditional 9.30am service and the new-style 11.15am Encounter service, together with a fortnightly 8.00am said communion service. 

We have also maintained our activities for the community: 

- the Friday Diner and Holy Grounds - for those who might eat alone, the homeless and the vulnerable; 

- the Open the Book programme - for St. Mary’s, East the Water and Kingsley Preparatory Schools; 

- Music Makers, Messy Church, Junior Church and Stay and Play (during the Holidays) - for families; 

- Reflections - for the bereaved; and 

- Occasional Music Concerts – for the whole community. 

We continue to make progress with Our Mission Action Plan and this year has seen the introduction of the Treblemakers (a junior choir), a successful Alpha course and a significant improvement in our social media presence. 

We successfully applied to the Diocese for a grant to assist us in funding a part-time children’s worker but have, as yet, been unable to make an appointment. 

Following a well-attended Open Day for the congregation and consultation with local organisations a decision in principle has been made to remove the pews. The process of reordering – which we have called Project Mustard Seed – will take time and involve major grant applications. We have already consulted both architects and heating engineers and have now concluded that we should replace the current heating system on a like-for-like basis as soon as possible. Once this has been achieved we can make further progress. 

The PCC is also dealing with a range of other fabric issues (some of which remain unresolved) including the bells, the clock, the PA system and the provision of external CCTV cameras. 

The PCC wishes to record formally its grateful thanks to all those volunteers who contribute to our ministry in so many ways. 

## **CHURCH ATTENDANCE** 

There are 165 parishioners on the Electoral Roll, which was last fully revised in 2021. The average total attendance for Sunday morning services is in the order of some 110-120. 

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**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD** 

**__________________________________________________________________________________________** 

## **TRUSTEES' REPORT (continued)** 

## **FINANCIAL REVIEW** 

The most significant financial event of the year was the receipt of a legacy of over £82,000 from the estate of the late Mary Cusack, for which the PCC is extremely grateful. When this amount is added to our normal receipts on unrestricted funds of over £153,000 this gives rise to total unrestricted receipts of £235,840, as detailed in the financial statements. We spent over £146,000 to provide Christian Ministry from St Mary’s Church, including the contribution to the common fund (which largely provides the stipends and housing for the clergy). The net result is a surplus of income over expenditure of a little under £89,500 for the year. 

The most pleasing aspect of this is that we would have generated a surplus of £7,000, even without the legacy. 

## **RESERVES POLICY** 

It is the PCC policy to utilise restricted funds wherever possible. In view of rising inflation levels the PCC voted to increase the minimum level at which it aims to maintain unrestricted funds from £25,000 to £50,000. The balance of £173,531 at the end of this year is considerably in excess of this figure so the PCC has no immediate concerns about the financial stability of the parish. 

Restricted funds have reduced from £26,354 to £21,746 during the year. The balances primarily relate to the 21st Century Appeal Fund and the Fabric Fund and the movements in Restricted Funds are shown in Note 8 to these financial statements. 

## **SAFEGUARDING POLICY** 

The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to the House of Bishop’s guidance on Safeguarding children and vulnerable adults). 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

A church has been present on its site in Bideford since Saxon times. The Bideford Parochial Church Council (Bideford PCC) was established under the Parochial Church Councils (Powers) Measure 1921 and became a Charity registered with the Charity Commission with effect from 8 April 2009. 

The names of the Trustees who served during the year are shown on page 1 of these financial statements. Members of the PCC are either ex-officio, elected by the Annual Parochial Church Meeting, or co-opted in accordance with the Church Representation rules. All who attend our services are encouraged to register on the electoral roll and stand for election to the PCC. 

The PCC operates through a number of committees, which meet between full meetings of the PCC: 

## **Standing Committee** 

This committee has the power to transact the business of the PCC between its meetings, subject to any directions given by the Council. This is the only committee required by law. 

## **Mission Committee** 

This committee oversees relations with external mission and relief agencies and recommends allocations of grants to the PCC. 

## **Pastoral Care Committee** 

This committee **t** akes responsibility for the organisation of pastoral care within the Parish. 

## **TAXATION STATUS** 

As a Registered Charity, utilising all of its net income for charitable purposes, the PCC is exempt from income tax, corporation tax and capital gains tax. 

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**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD** 

__________________________________________________________________________________________ 

## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES** 

Charity law requires the Trustees to prepare financial statements for each financial year which properly present the charity’s Income and Expenditure for the year together with its assets and liabilities at the end of the year, and adequately distinguish any material special trust or other restricted fund of the charity.  In preparing those financial statements the Trustees are required to: 

select suitable accounting policies and then apply them consistently; 

make judgements and estimates that are reasonable and prudent; 

state whether the policies adopted are in accordance with the appropriate Statement of Recommended Practice on Accounting by Charities and the Accounting Regulations and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements; and 

prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in business. 

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time, the financial position of the charity, and to enable them to ensure that the financial statements comply with applicable Accounting Standards and Statements of Recommended Practice and the requirements of the Charities Act 2011.  They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities. 

Approved by the Parochial Church Council at their meeting on 11 March 2024. 

Rev’d Claire Rose-Casemore Chairman 

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**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD** 

__________________________________________________________________________________________ 

## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD** 

I report on the financial statements of The Parochial Church Council Of The Ecclesiastical Parish Of St Mary, Bideford for the year ended 31 December 2023, which are set out on pages 6 to 11. 

## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER** 

As the charity’s Trustees you are responsible for the preparation of the financial statements; you consider that the audit requirement of section 144(2) of the Charities Act 2011 (the Act) does not apply and that an independent examination is needed.  It is my responsibility to examine the financial statements under section 145 of the Act and to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Act, whether particular matters have come to my attention. 

## **BASIS OF INDEPENDENT EXAMINER’S REPORT** 

My examination was carried out in accordance with the General Directions given by the Charity Commissioners.  An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records.  It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as Trustees concerning any such matters.  The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the financial statements. 

In connection with my examination, no matter has come to my attention: 

which gives me reasonable cause to believe that in any material respect the requirements: 

to keep accounting records in accordance with section 130 of the Act; and 

to prepare financial statements which accord with the accounting records and to comply with accounting requirements of the Act have not been met; or 

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. 

M. J. Fishleigh F.C.A. Mount Cottage Mount Pleasant Westleigh BIDEFORD Devon EX39 4LJ 

16 April 2024 

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**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD** 

**__________________________________________________________________________________________** 

## **STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2023** 

||**Unrestricted**|**Unrestricted**|**Designated**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|---|
||**Note**|**Funds**|**Funds**|<br>**Funds**|<br>**2023**|**2022**|
|||**£**|**£**|<br>**£**|**£**|**£**|
|**INCOMING RESOURCES**|||||||
|**Voluntary income**|||||||
|**Giving**|||||||
|Planned giving||99,580|-|<br>-|99,580|94,796|
|Collections, and other giving||8,276|-|<br>2,394|10,670|8,350|
|Collections for good causes|(6)|-|-|<br>3,455|3,455|1,784|
|||**_________**|**____**|<br>**_______**|**_________**|**_______**|
|||107,856|-|<br>5,849|113,705|104,930|
|**Other voluntary income**|||||||
|Grants||-|300|<br>2,639|2,939|4,336|
|Donations and appeals, etc.||2,231|373|<br>4,472|7,076|11,138|
|Legacies||83,113|-|<br>-|83,113|15,000|
|Gift Aid recovered||26,393|-|<br>307|26,700|21,999|
|||**_________**|**______**|<br>**________**|**_________**|**_______**|
|**Total voluntary income**||219,593|673|<br>13,267|233,533|157,403|
|||**_______**|**____**|<br>**______**|**_______**|**_______**|
|**Events and Fund-Raising Activities**|(3(a))|3,268|660|<br>-|3,928|5,000|
|||_____|____|<br>__|_____|_____|
|**Income from Church activities**|||||||
|Fees||7,365|-|<br>-|7,365|7,061|
|Receipts from use of church and house||1,457|-|<br>-|1,457|755|
|Compensation||-|-|<br>-|-|500|
|||_____|__|<br>__|_____|_____|
|||8,822|-|<br>-|8,822|8,316|
|||_____|__|<br>__|_____|_____|
|**Investment income**|||||||
|Interest||4,157|-|<br>-|4,157|185|
|||_______|_____|<br>______|_______|_______|
|||235,840|1,333|<br>13,267|250,440|170,904|
|||_______|_____|<br>______|_______|_______|
|**RESOURCES EXPENDED**|||||||
|**Church activities**|(5)|145,449|-|<br>17,875|163,324|144,205|
|**Cost of fund-raising activities**|(3(b))|919|-|<br>-|919|743|
|||_______|__|<br>______|_______|_______|
|||146,368|-|<br>17,875|164,243|144,948|
|||_______|__|<br>______|_______|_______|
|**NET INCOMING/(OUTGOING) RESOURCES**||89,472|1,333|<br>(4,608)|86,197|25,956|
|**BALANCES BROUGHT FORWARD**||84,059|1,885|<br>26,354|112,298|86,342|
|||________|______|<br>_______|________|________|
|**BALANCES CARRIED FORWARD**||£173,531|£3,218|<br>£21,746|£198,495|£112,298|
|||________<br>________|______<br>______|<br>_______<br> <br>_______|________<br>________|________<br>________|



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**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD** 

**__________________________________________________________________________________________** 

## **BALANCE SHEET at 31 December 2023** 

|**BALANCE SHEET**<br>**at 31 December 2023**||||
|---|---|---|---|
||**Note**|**2023**|**2022**|
|||**£**|**£**|
|**FIXED ASSETS**|(1(c))|||
|St Mary’s House, Church Walk, Bideford||70,000|70,000|
|||______|______|
|**CURRENT ASSETS**||||
|Debtors|(7)|9,350|10,675|
|CCLA – The Church of England Deposit Fund||128,261|-|
|National Westminster Bank Plc – Friends Current||-|1,885|
|National Westminster Bank Plc - Deposit||55,000|95,117|
|National Westminster Bank Plc - Current||8,266|9,244|
|Cash in hand||3,236|45|
|||_______|_______|
|||204,113|116,966|
|**CURRENT LIABILITIES**||||
|Creditors – amounts falling due within one year||5,618|4,668|
|||_______|_______|
|**NET CURRENT ASSETS**||198,495|112,298|
|||________|________|
|**NET ASSETS**||£268,495|£182,298|
|||________<br>________|________<br>________|
|**FUNDS**|(1(e))|||
|**Unrestricted Funds**||||
|General Fund||173,531|84,059|
|||_______|______|
|**Designated Funds**||||
|Friends of St Mary’s Fund||3,218|1,885|
|||_____|_____|
|**Restricted Funds**|(8)|||
|Bells and Clock Fund||2,495|519|
|Choir and Music Fund||22|383|
|Equipping St Mary’s for the 21st Century Fund||6,197|11,039|
|Fabric Fund||12,200|12,082|
|St Mary’s Diner and Ucan Fund||118|1,318|
|Youth and Children’s Work Fund||714|1,013|
|||______|______|
|||21,746|26,354|
|||______|______|
|**Permanent Endowment Fund**||||
|St Mary’s House Fund||70,000|70,000|
|||________|________|
|||£268,495|£182,298|
|||________<br>________|________<br>________|



Approved by the Parochial Church Council at their meeting on 11 March 2024. 

Rev’d Claire Rose-Casemore **Chairman** 

**__________________________________________________________________________________________** 

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**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD** 

**__________________________________________________________________________________________** 

## **NOTES TO THE FINANCIAL STATEMENTS at 31 December 2023** 

## **1. BASIS OF PREPARATION** 

The PCC is a public benefit entity within the meaning of Financial Reporting Standard 102 (FRS102). The financial statements comply with the Charities Act 2011, applicable accounting standards under FRS102 (2016) and with the Statement of Recommended Practice Accounting and Reporting by Charities (SORP(FRS102)), with the Church Accounting Regulations 2006 governing the individual Accounts of PCCs, and with those Regulations’ “true and fair” provisions. The financial statements have been prepared under the historical cost convention and using the accruals and going concern bases. 

## **a) Recognition of income** 

Incoming resources are recognised when they are receivable or when the PCC’s right to the income becomes legally enforceable, when the amount receivable can be measured with reasonable certainty and when it is more likely that the PCC will benefit from the resource. Grants and donations are included when any pre-conditions preventing their use by the PCC have been met, and Gift Aid claims are included at the same time as the donations to which they relate. Rental income is recognised when the rental is due, and investment income is included when receivable. 

## **c)** 

## **Fixed assets** 

i) Consecrated land and buildings are not included in these Accounts by virtue of Section 10(2) Charities Act 2011 as the property is effectively dedicated to God and set aside solely for sacred purposes. Costs of maintenance or improvement relating to consecrated assets are written off in the year they are incurred. ii) Moveable church furnishings are not capitalised as insufficient cost information is available, but they are included in the Church’s inventory. 

iii) No depreciation is provided on St Mary’s House as the estimated residual value of the property is not less than its carrying value and its estimated remaining useful life is not less than 50 years. Any depreciation charge would therefore be immaterial. 

iv) Tangible fixed assets are capitalised if they can be used for more than one year, and cost more than £10,000. Depreciation is calculated to write off the cost of such assets, less their estimated residual value, over their estimated useful life. The Audio-Visual System cost £22,955 and was fully written off over 5 years. 

## **d) Liabilities** 

Liabilities are recognised as soon as there is a legal or constructive obligation, settlement is probable and the settlement value is reasonably quantifiable. 

## **e)** 

## **Funds accounting** 

**(i) Unrestricted Funds** are monies held by the Trustees and expendable at their discretion on any purpose they deem fit in furtherance of the work of the Church. 

**(ii) Designated Fund** The sub-committee managing the Friends of St Mary’s Fund has the discretion to allocate the sums held in their Designated Fund to support the care and maintenance of the church, fabric and contents, and to encourage enjoyment and appreciation of the church. The monies held by the subcommittee may be used to make direct payments for a specific purpose or transferred to reimburse expenditure paid from Unrestricted Funds if they decide that is appropriate. 

(iii) **Restricted Funds** represent income which may only be expended on a restricted object or purpose and details of the funds held and restrictions are given in Note 8 of these financial statements. 

(iv) **Permanent Endowment Funds** are funds that must be retained as trust capital permanently. In this case the freehold property of St Mary’s House was acquired using money given in response to a specific appeal for the purchase of that property, with no suggestion that in the event of failure of the appeal the funds raised might be used for other purposes, together with money held from the prior disposal of other freehold property which was also a permanent endowment. 

## **f) Pension contributions** 

The PCC makes employer contributions at defined rates into the NEST pension scheme for its full-time employee. The NEST pension scheme is a defined contribution plan and the liability of the PCC is limited to the contributions paid. 

**__________________________________________________________________________________________** 

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**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD** 

**__________________________________________________________________________________________** 

## **NOTES TO THE FINANCIAL STATEMENTS at 31 December 2023** 

## **2. RELATED PARTY TRANSACTIONS** 

Mr C Beechey, who is a member of the PCC, received £5,843 (2022 - £4,806) in fees for his work as the parish organist and choirmaster during the year. 

Clergy expenses are disclosed in Note 5 to these financial statements. 

No remuneration, benefits, travelling expenses or out-of-pocket expenses were paid to any other PCC member during the year. Occasionally PCC members act as agents for the PCC and make approved purchases on its behalf, and are reimbursed for this expenditure. Such reimbursed expenditure is not personal to the Trustee concerned and does not represent goods or services provided by the Trustee. 

The PCC received approximately £22,430 (2022 - £21,601) during the year in donations from Trustees (PCC members) and their close relatives. The donors did not attach any conditions to their gifts which required the PCC to significantly alter the nature of its existing activities. 

## **3. EVENTS AND FUND-RAISING ACTIVITIES** 

||**Unrestricted**|**Designated**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|
|**(a) Income**|**Funds**|**Funds**|**Funds**|**2023**|**2022**|
||**£**|**£**|**£**|**£**|**£**|
|**Unrestricted**||||||
|Barbeque|175|-|-|175|-|
|Book sales|-|-|-|-|6|
|Concerts|1,102|-|-|1,102|1,443|
|Jubilee celebration|-|-|-|-|103|
|Rent of car parking space|700|-|-|700|600|
|Sale of clavinova|100|-|-|100|-|
|Sponsored bike ride - DHCT|-|-|-|-|330|
|Strawberry tea|105|-|-|105|-|
|Teas, coffees, etc.|1,086|-|-|1,086|1,147|
|**Designated**||||||
|Friends events|-|285|-|285|1,011|
|Friends subscriptions|-|375|-|375|360|
||______|_____|___|______|______|
||£3,268|£660|£-|£3,928|£5,000|
||______<br>______|_____<br>_____|___<br>___|______<br>______|______<br>______|
|**(b) Expenditure**||||||
|**Unrestricted**||||||
|Barbeque|116|-|-|116|-|
|Concerts|280|-|-|280|197|
|Teas, coffees, etc.|523|-|-|523|431|
|**Designated**||||||
|Friends events|-|-|-|-|115|
||_____|___|___|_____|_____|
||£919|£-|£-|£919|£743|
||_____<br>_____|___<br>___|___<br>___|_____<br>_____|_____<br>_____|



## **4. STAFF COSTS** 

The PCC directly employed an Administrator, and also paid fees to the organist/choirmaster, during both the 2023 and 2022 years. Details of the amounts paid, including pension contributions, are shown in Note 5 to these financial statements. 

**_________________________________________________________________________________________** 

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**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD** 

**__________________________________________________________________________________________** 

## **NOTES TO THE FINANCIAL STATEMENTS at 31 December 2023** 

## **5. EXPENDITURE ON CHURCH ACTIVITIES** 

|**Unrestricted**|**Unrestricted**|**Designated**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**2023**|**2022**|
||**£**|**£**|**£**|**£**|**£**|
|**Missionary and Charitable Giving**||||||
|Donations (Note 6)|7,000|-|3,455|10,455|11,649|
||_____|__|_____|______|______|
|**Maintenance of the Ministry**||||||
|Common Fund|78,374|-|-|78,374|78,417|
|Clergy expenses|2,658|-|-|2,658|3,145|
|Children’s Workers fees|-|-|1,715|1,715|1,680|
||______|__|_____|______|______|
||81,032|-|1,715|82,747|83,242|
||______|__|_____|______|______|
|**Church Running Costs**||||||
|Insurance|9,620|-|-|9,620|8,746|
|Church||||||
|Lighting and heating|7,086|-|-|7,086|5,115|
|Water rates|332|-|-|332|588|
|Repairs and cleaning|2,996|-|4,543|7,539|3,990|
|St Mary’s House||||||
|Council tax and water rates|1,344|-|-|1,344|1,013|
|Heat and light|1,469|-|-|1,469|1,305|
|Repairs and cleaning|3,121|-|-|3,121|1,442|
|Rectory garden work|1,354|-|-|1,354|132|
||______|__|_____|______|______|
||27,322|-|4,543|31,865|22,331|
||______|__|_____|______|______|
|**Service Costs**||||||
|Communion wafers, etc.|1,637|-|-|1,637|1,356|
|Choirmaster and organist fees|4,993|-|850|5,843|4,806|
|Music and Choir|-|-|361|361|352|
|Licences and subscriptions|531|-|-|531|802|
||_____|__|_____|_____|_____|
||7,161|-|1,211|8,372|7,316|
||_____|__|_____|_____|_____|
|**Administration**||||||
|Administrator’s salary|16,113|-|-|16,113|14,233|
|Employer’s pension contributions|489|-|-|489|431|
|Equipment hire and leasing costs|1,058|-|-|1,058|649|
|Printing, stationery, postages, etc.|1,231|-|-|1,231|1,163|
|Social media costs.|522|-|-|522|-|
|Telephone and internet charges|736|-|-|736|913|
|Bank charges|196|-|-|196|62|
|Legal fees|-|-|-|-|372|
||______|__|__|______|______|
||20,345|-|-|20,345|17,823|
||______|__|__|______|______|
|**Diner costs**|-|-|2,109|2,109|1,322|
|**Architects, consultants and faculty fees**|1,488|-|4,842|6,330|-|
|**Sundries (including First Aid course £775)**|<br>1,101|-|-|1,101|522|
|________||___|_______|________|________|
|£145,449||£-|£17,875|£163,324|£144,205|
|________<br>________||___<br>___|_______<br>_______|________<br>________|________<br>________|



**__________________________________________________________________________________________** 

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**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD** 

**__________________________________________________________________________________________** 

## **NOTES TO THE FINANCIAL STATEMENTS at 31 December 2023** 

## **6. MISSIONARY AND CHARITABLE GIVING** 

||**Unrestricted**|**Unrestricted**|**Designated**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|---|
|||**Funds**|**Funds**|**Funds**|**2023**|**2022**|
|||**£**|**£**|**£**|**£**|**£**|
||Church Overseas||||||
||Missionary Societies|3,175|-|-|3,175|3,530|
||Relief and Development Agencies|250|-|2,629|2,879|2,512|
||Home Missions and other Church Societies|600|-|826|1,426|1,649|
||Secular charities|2,975|-|-|2,975|3,958|
|||______|___|______|_______|_______|
|||£7,000|£-|£3,455|£10,455|£11,649|
|||______<br>______|___<br>___|______<br>______|_______<br>_______|_______<br>_______|
|**7.**|**DEBTORS**||||||
|||||**2023**||**2022**|
|||||**£**||**£**|
||Fees receivable|||981||1,041|
||Grant receivable|||-||1,000|
||Gift Aid recoverable|||3,647||3,155|
||Parish Gift Scheme regular giving|||4,673||4,534|
||Others|||49||945|
|||||______||_______|
|||||£9,350||£10,675|
|||||______<br>______||_______<br>_______|



## **8. MOVEMENTS IN RESTRICTED FUNDS** 

||**Bells &**|**Choir  Equipping St Mary’s**|**Choir  Equipping St Mary’s**|**Repairs**|**St Mary’s**|**Youth &**|
|---|---|---|---|---|---|---|
||**Clock**|**& Music  for the 21st Century**||**& Fabric**|**Diner**|**Childrens**|
||**Fund**|**Fund**|**Fund**|**Fund**|**Fund**|**Fund**|
||**£**|**£**<br>|**£**<br>|**£**|**£**|**£**|
|**Opening balance**|519|383|11,039|12,082|1,318|1,013|
||____|____|______|______|_____|_____|
|**Receipts**|||||||
|Collections|-|-|-|-|-|2,394|
|Grants received|2,000|-|-|639|-|-|
|Donations received|-|-|-|3,543|909|20|
|Gift Aid recovered|-|-|-|307|-|-|
||_____|__|__|_____|____|_____|
||2,000|-|-|4,489|909|2,414|
||_____|__|__|_____|____|_____|
|**Payments**|||||||
|Architects fees|-|-|4,842|-|-|-|
|Music and choir|-|361|-|-|-|-|
|Diner costs|-|-|-|-|2,109|-|
|Childrens Worker|-|-|-|-|-|1,715|
|Treblemakers|-|-|-|-|-|850|
|Repairs and sundries|24|-|-|4,371|-|148|
||___|____|_____|_____|_____|_____|
||24|361|4,842|4,371|2,109|2,713|
||______|____|______|_______|_____|_____|
|**Closing balance**|£2,495<br>______<br>______|£22<br>____<br>____|£6,197<br>______<br>______|£12,200<br>_______<br>_______|£118<br>_____<br>_____|£714<br>_____<br>_____|



**Note –** Amounts collected for good causes, including School Bibles, amounted to £3,455 and these were all paid to the relevant causes during the year, as shown in Note 6 above. 

**__________________________________________________________________________________________** 

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