SAINT ANDREW'S Church Annual Report and Financial Statements forthe yearending 31st December 2023 The Parochial Church Council of the Parish of St Andrew with St Etheldreda. Histon Charity Reglstration Number: 1129167 The Parish of St Andrew with St Etheldreda, Histon Report of the Parochial Church Council I'PCC.)..................................................... Alms of the PCC.............................................................................................. Admlnlstratlve Infomiatlon............................................................................. Charitsble Status................................................................................... . Electoral Rolvsunday Attendance................................................................. structure, Governance and PaanagemenL..................................................... Achievements and Perfom)ance.. ... .. Plans for the Future........................................................................................ Financlal Revlew.................................................................... Budgetary Policies............................................................................................ Grant4naking Policy....................................................................................... Investment Policy............................................................................................ Risk Management..................................... Key Management Personnel Remuneratlon............... ..... Safeguarding....................... ........... .. ........................ ststement of the PCC'S Responsibilities...................................................... IndependentExamlnerfs Reporttothe PCC................................................................ ststement of Financlal Activities................................-............................................ .-... Balance Sheet................................................. .10 statement of Cashfiows..........................................................................................11 Notes to the Financlal Statements..........................................................................12 The Parish of St Andrew with St Etheldreda, Histon Report of the Parochial Church Council ('PCC') The members of the PCC. who are the trustee5 of the chèrity for the purpo5Ès of the CharTtie5 Act 2011, present theirAnnual Report andthe ￿nancial Statements forthe year ended 31 December 2023. The financial ststements have been prepared in accordan￿ with the accounting ￿lIcIe% set out In note I to the accounts and compty with the Charities Act 2011 and AEtotsntin8 and Reporting bv Charities.. Statement of Recommended Pracuce applicablè to charities preparing their acco¥Jnts in accordance with thè Financial Reportingstsndard appllcable in the UK and Republic of Ireland IFRSIQ21 leffective l January 20191. Aims of Ihe PCC The PCC is a body ejerted by those eligible to vote at the Annual Parochial Chuich Meeting. The PCC Powersl Measure 1956 state5 that the PCC is to ctroperate wtth the mlnister in prorn0tlr￿ in the P3rish the whole mission of the church, pastoral. evangelistlc. social and ecumenic31. The PCC h35 taken regard ol the Charity Commission's guidance ￿lated to public benefit and they believe the PCC'S actrvities are in accordancewith those guideline5. The PCC is also responsible ft)rthe operatlon Iroom and Café) of the Saint Andrew's Centre. The Café, within the Cenire. is managed as an independent legal entity wlrh Its own board of dirertors-wholly owned and Overse￿ by the PCC. Administsative Inforniation Parochial Name: Church Location.. Corresponden￿. st Andrew with St EtheId￿da, Hlston Church St￿et. Histon, Cambridge CB24 9EP Church Office. Saint And￿￿5 Centre, School Hill, Histon, Cambridge CB24 9JE htt www.stsndrewshis office 5t3ndrewshiston.or Canon James Blandftsr(k8aker Louiseyin￿nt Ben 5hSn Margaret Taylor Elizabeth Crook lan Shipley. Prentis &Co LLP. 115c Milton Road, Cambrld8e,CB4 IXE UnityTrust Bank, Nine Brindley place, BirminghaTn Bl 2HB CCLAlnve5tmentManagementLtd tTheCBF Churth of England Funds). 80 Cheapside, London, EC2V 6DZ Webslte: Emau.. Incumbent.. Churchwardens: PCC Secretary: Trea5urer'. Independent Exarnlners.. Bank&" Charitable Status Registered with the Charity ComMiss￿n as The Parochial Church Council of the ECc￿51aSt1cal Parlsh ofst Andrewwith St Etheldreda. Histon. Registered CharityNumber 1129167. Electoral Rolvsunday Attendance All are welcome to attend our regular services and at 31si December 2023 there were 210 people on the Electoral Roll12022.. 2191. The figure for avera8e&Anday attendance during Ortober 2023 w85 87 adults and 22 childrenlyoung people12022.. 93 adults and 31 childrenlyoung people). In addttion to those who attended in-per50n worship, Ihere was an average of 98 views of live-streamed Se￿iCe5 (between the 13 November and 18 December) via the YouTube channel12022.. 87 views for the equivalent period) within one week of livestreaming. This may nol be representative of numbers of indiiridu31s, 3s some may have also been counted in church numbers, watched with other people. or watched rn0￿ than once. The Parish of St Andrew with St Etheldreda, Histon Structure, Govemance and Management The Parochial Church Council is a corporate l))dy establoshed by the Church of Engand. The PCC operates under the Parochial Church Council Powers Measure. The method of appointment of PCC members Is set out in the Church Representation Rules 2022. Those who regularly attend our ¢hur¢h service5 or are resident in the parish are eligible to register on the Electoral Roll and stand for election to the PCC which comprises elected lay members plus otherco-OPted and ex-(fficio members, PCC members 3re appolnted for a 3-yèar tem, which tan be renewed for a further term. On appointment PCC member5 are provided with guiddine5 on being a Trustee and information about the purpose and responsibillty of the PCC. This is clarified in the first PCC meeling of each year. As required by L3W, the PCC has a Standin8 Commrttee which has power to transact the business of the PCC between its rneetin85. 5ubjecttD any direction5 gNen by the Council. The PCC is thè sole shareholder of s8lntAndre￿s Centre Café ￿Mited and appoints its Director5. The Vlcar. Erin Dickens IPCC Member), Dawd Wilson Ifornier Churchwardenl, Tim Callington and Chris Cox currently serve as Oifectors. Tinèn¢ial ￿pOrl$ of the Gifé are provided to the PCC on a quarterly basis snd management reports bi-annualty. The full list of PCC members having served in 2023 is as follows: 'lames Bl8ndford-Baker Ivicarl *Ruth Chamberlain IAsslStant Curate) *Nichola5 Rom8ns l*i%sistant Curate from Juty 20231 'Loulse W1n￿nt Ichurchvrdrden and Deanery Synod from May 20231 *Ben 5hln Ichurchwardenl *Margaret Taylor (sec￿tary) 'Elizabeth Crook (Treasurer) 'Stephen Tromans (Deènery Synod until May 20231 *Nl8el Evans IDeanery Synod) George Adam 'Erin Dickens *Ali Fisher 'Paul Glass (Deanery Synodl 'Le51ey Guy *RoberlJohn McKinley 'Aeather Taylor *EM1￿ Ward Colin Alexander Rebecca Lent rustees a5 of 31.12.2023 Achlevernents and Perfom7ance In 2023 the PCC has sought to stsbilise oursunday worship pattem following the emergence from P8ndemic restrictions in 2022, re-establishing the important time spent sh3ring in fellowship and refreshments after the main Sunday rnornlng service. Attendance in pe150n at Sunday worship continues to be unpredictsble and patchy but with a solid core of weekly attendee5. Our livestreamed services continue to attrart between 60 and 100 views a w*kthough it is not clear who watches them from the existing and pr&pandemic congregations. Our young people continued to meet regularly in the Saint Andre%rfs Centre, occa5ionallyjoining the congregatlon of ¢hildren and aduks worshipping in the church building. In 2023 we spent conslderable time looking at the current cultural environment in which the church engages in mission, making use of texts by John McGinley and Jill Duff, exploring the issues through a survey. Sn oursmall gmups and in a Sunday sermon series during the autumn. Health and Safety as well as Safeguarding have tontinued to be areas fordevelopment by the PCC in 2023. A Teview of both of these takes pla￿ at e¥ery meeting of the PCC wrth written reports and detalls of work currentty being undertaken. The PCC continue5 to be encouraged by the Number of COngregat￿n members who have completed training in this area. The PCC makes use of the ￿ntrallY funded Saleguaiding Dashboards and in 2023 also joined the Safeguarding Hub. Between these two online systems we are able to monitorour5alegu3rding performance and continue to take Steps to improve. The Parish of St Andrew with St Etheldreda, Histon The PCC EDntlnue5 to seek to Iwe out the consequences of the Climate and Environmental Emer8erKy Recognition of 2021 through work in the areas of- lil energy sustainability and buildings, lill man3gement ol our thurchyard and gardens and liiil lifestyle and enga8ement. This has Involved participation in the wllage'Eco-FesV. weekty eco-tips in thè Sunday emails. workin8 towards the Silver Eco-church Award and special evenin85 seeking to help us all understand environmEntal Issue5 affecting the climate and our managemènt of the earth'5 resour￿. Durlng 2023 the Shine and ￿ttle Stars groups have continued to fulfil our aim of providing serVI￿S to the community with a strong faith element. Both groups have been immensely popular amongst villagers with young children 3nd have grown the gtfts Otthe team in evangelism, hospit311ty and pastor31 care. Midweek group5 foryoung people reduced followingthe departure of the Youth Minister midway through the year bul the EDGE Café on Thursdays has continueil to be popular among pupils in the earlyyears of secondary sthool and there has been an encouraging growth in making this a pla￿ where faith in Jesu5 can be talked about and quesilons asked. There has been more intentional approach from the leaders in forgirE relationships wf(h the young people and th has been crucially helpful in makin8 It a placewhereyoun8 people feel safe, valued and able to encounter Christians Iwing out their faith. The PCC has seen considerable changes in the employment of staff In 2023 including recruitSn6 a new Office Administrator and PA forthe Vicar. the departure of the Youth Minister for a new post and the appointrnent of an interim, part-time. Youth Minister and chan8e5 to the working hours of the offKe staff to improve theii working patterns 3nd the function ofthe Offi￿ in support of the PCCS wider aim5. We were able to Secure an extension from the Diocese of Ety forthe Curate to allow her to remain in post until the end of April 2024. The Bishop ol Efy resigned in July 2023 and the re￿uitMent proce55 15 underway to appoint hL% replacement. Plans forthe Future When planning activities forthe year, the Vlcarand the PCC have considered the Charity Comrnission's guid8nce on public benefft and. in partkular, the spe¢Tfic guidance on charities for the advancement of religion. A PCCAway Day in Novernber2023 gave tin￿ to iesponding to the challenEes of rnis5ion in our current cultur31 context and whatwe had learned from the time spent in the autumn in discussion vAth one another. The PCC identified the need to grow in corporate prayer and waiting on the Holy SpiriL to develop sustainable activit￿5 that are accountable to the church leadership, and to put newwine into new wineskins in this post-pandemK era. In all these areas ihe PCC see5 the key as living the truth that'Je5us is Lord at the tentre ol our personal and corporate life and being direrted by his Holy Spirit in all that we do. In 2024 the PCC will focus on reaching out in evangelism and mission lespecialfyto make worship accessible to families and enable new Christians to grow as disciplesl, continuingto develop our buildings and managing sJ8nificant change5 in key personnel. Financial Review In 2023, tThe fin4nchal 51tuation of the church is looknng less Iwlthy than in prevtous years. After several year5 of gradual decline, philanthropic gNinE has red￿d further this year. Givin8 by direct detmt via the Parish Giving Scleme increased by a totsl of akx)ut £5.￿0, (with approximaielythe sarne number of donor51. but overall, gNing to the church in 2023 wès nearry £I0,L￿ less than in 2022. Atthe sarne titne. of COUT5e. costs have increased forthe church, as foreveryone else personally, for exatnple, the cost of utiliti& have increased by £75(K) In compari50n to 2022. Athough there has been very little use of the Stable Room this year. on a very p05ttNe note, Saint Andre￿$ Centre IStICI lettings have increased even furthe-. than their prevK>US high lin 20221 and the lettsble rooms are getting cltsse to capacity. This Is a wonderful 51tu3tion tD be in 10 ye3r5 afterStAC was flrst OFened, and the vision of providing a Th)dem, inviting resource in the village began. The Parish of St Andrew with St Etheldreda, Histon Budgetary Policies In 2017. the PCC established a new set of budgetsry policie5to enable the church to focLLS on mlsslonal development and ensure good [NIntenan￿ of the thurch buildings. Policy l.. The General Fund should, at leas¢ breakeven every year. li.e. everyday running costs should bé tovered by normal income.] In 2023 income wa5 £1,828 greaterihan expenditure. Policy 2-. Alrn to hold 20% of general expenditu￿ Costs in reserve. Is the policy of the PCC not to malntaln reserves other than sums necessaryto meet identified fvture requirements.] In 2023 the tash available in the general fund was above the 20% target. The 2024 budgetexpetts thi5 figure to be much lower next year, so no adjustment has been made at this polnt. Policy 3.. Establlsh a capital rnaintenance budget/fvnd. The PCC is expecling to need to spend substantial amounts of money on necessary capital maintenance of the church buildings and SV4C in 2024, and wlll be uslng the cap(tal maintenance fund to finance mostof thi5. Pollcy4.' Establish a missional developmeni fvnd. No addftions have been made to this fund in 2023. Grant-making Pollcy Each yèar the Councll donates unrestricted income to a variety of charities whose work coincide5 Wlth the charitable aims of the PCC. Investment Policy The PCC does not intend to make long term investments oul of incoming funds. Surplus funds are kept In deposlt accounts. The ownership of Narrow Lane was originally seen as an operating resource to be used principally forthe housing of Staff workers rather than for the generation of rental income. owever, when no staff are usin8 the accommodation. a rent 5ufftcient to offset the mainienènce and mortgage costs is charged. Rlsk Management The major risks to whith the PCC is exposed have been reviewed and systems and procedures designed to manage those risk have been estsblished. Key Management Personnel Remuneratlon All current membe15 of the PCC are tru51ees and give of their time f￿e1¥ and no trustèe remuneration Was paid in the ye8T. The dergy are also tr￿ee$ and those who are 5tipendiary are funded centrally by the Churth of England and not directly by the charity. Detai15 of trustee expen5e5 and related party transactions are disclosed in note 10 to the accounts. Trustees are required to di%close all relevant interests and register them with the PCC secretary and in acCordar￿e with the PCCS policy withdraw from decisions where a conflict of interest ari5e5. Safeguarding The PCC h35 complied with the duty undersection 5 of the Safeguarding and Clergy Discipline Measure 2016 to have regard to the House of Bishop5' guidaft￿ 5afeguardingchildren and vulnerable adults. statement of the PCC'S Responsibilit￿5 Charity law requires the PCC to prepare financial ststernents for each financlal yearwhich givea true and fairview of the state of affairs of the Pccand ofthe 5Jiplusordeficitofthe PCC forthat year. In preparing those accounts, the PCC is required to.. Select suitable accountingpolicies and appty them consistently. The Parish of St Andrew with St Etheldreda, Histon Makejudgements andesknmaieSthata￿ reasonable and prudent. P￿pare the financial st3tementsonthe going toncern basis unth tt Is Inapproprlateto presume that the Pccwill continue op*Tati￿. State whether the policies adopted are in accordan￿ wllh the Charitles Act 2011 and w￿h applicableac¢ountirJgstsndards 3nd statements of recommended pr*ice, subjectto any material thpartures di5ctsed and eKplained in theflnaKial ststements. Observe the meilK)d5 arhd prfnciples of the Chaftties SORP. The PCC is responslble for keepin8 PToper ￿COUntIng recorits which disdose with ￿asonable accurncy, at anytime,thefinancial posrtion ofthe PCC and to ena￿ethern toensurethatthe finanaal statements comply with theCharitiesAct 2011. They are also responsible for Safeg￿4[dIngthe assets of the Pccand hen￿ fortskingreasonable steps for theprevention and detection of fraudandother irregulartties. y order of the PCC Canon James Blandf rd-Baker. PCC Chair The Parish of St Andrew with St Etheldreda, Histon Independent Examinerfs Report to the PCC This report on ttr.e financial statementsof the PCC forthe yearenikd atst December 2D23 is inrespect of an examlnatlon caried out in attordance wf(h the Church Accounting Re8Lklation$ 2￿61'the Regulations'l and section 145 ofthÈCharknesAct20111'theAcVI. Respectlve responsibilities of the tnJslee5 and the examlner. A5 the members of the PCC you are resptsnsible forthe pieparation ofthe financial ststernents.The PCC conslderthat an audr( is not required lorthi5 year underthe Regulations and sectton 144121 of the ACL and that an independent exarnin3tion Is needed. 8ros5 income ol the PCC has eN￿eded £250,000 and l am qualified to undertake the examination by being a qu81ifled memberoftheAssociationof Chartered CertiffiedAccountants. It is my responsibilTrtyto'. exarnine the financial ststÈments undersection 145of theAct: exarnlne the financial statements in accordance with the Church ALtountlThgRegulations 20(￿,. to follow the procedures laid down ift the General DI￿tiOnS £Nen by the Charitycommission (under section 14515llbl of theActl; and t0 state whether parbcular matter5 have corne to my attention. Basis of Independent examinees report: My èxamination was carried out in accordan￿ with the Genetsl Directbns &ven by the Charity CommisS￿n and to be found in the Church Guidance, 2006 edition. i55ued by the Finan￿ Diwsion of the Archbishop5' Council. examination includès a revlew of the actountin8 ￿ordS kept bythe Pccand a compartson of the financial statements presented wilh those records. It also Includ￿ cOn￿deratiOn of any unusual items or distlosures in the financial statements and seeklng expLqnations from you as PCC members concemin8 s￿h matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and corsequently no opinion is given as to whether the financi31 staternents present atrue and f3irview andthe reFQrtis limitedtothose matterssetout in the statement k>W. Independent Examinerfs statement: In connection vAth my exèminath)n, no matter has come to my attention 111 whKh gives me reasonab￿ causelo believe Ihat in ary material re5￿cL the ￿qui￿eMentS.. to keep accounting recor(ts in accordance with section 130 of the Att. and to p￿pare flnanci31 ststements which aecord with the accounting record5 and to com ￿Y with the requirement5 of the ACL as also contsined in the Church AccountingRegulation5 2006 h3ve not been met.. or 121 to whlch, in my opinion, attention should be drawn in order to enable a properunderstsndingotthe fin3nclèl statements tobe reached. ipley FCCA, 1rnde￿ndÈnt Examiner For and on behallof, Prentis & Co LLP. 115c Milton Road. Cambridge, CE14 IXE LF&4 T-. Zot+ The Parish of St Andrew with St Etheldreda, Histon stst8ment ol Financlal Activltios FortheyÈarendiw31Decernkr2)23 TotaIf￿th T(Aal funds fvrtLts 2023 fvnd5 2022 2023 ZOZ3 a)22 2022 Income atlWsand le8ac*s Charftabie actlvities Trathryacti Inve5tmÈnts other1ncomÈ 182.19) 191.684 42,056 157.Pi>5 191.684 4Z,056 157,805 29,399 2￿.459 202.459 236 3,847 395,392 TDtal kncorne 414,271 395,392 ExDendlturè Cfttrfita&e actiyitles yr41lin4ach￿tIe5 Titsl expendliL*e 220.466 22.648 169,342 243.114 169,342 239.Z93 162.355 23,282 262,575 162,355 424,930 Net IruThellexpeNdltL¥tI and n¢t movement ITh 129,538 14,463 1216351 1,828 16,2561 {23,28ZI Roconclllatlon of furx15 Total funds brought lotward TDtalfurth rArriEé forward The notesonpages 12tc25form Mof thpsefiD4rKi15tatemeNs 645.n1 1.124.866 1.104231 1.770,587 1.7r4415 651.977 1.148.14B 1,8[￿,1 64S,721 1 124,866 1,770,587 The Parish of St Andrew with St Etheldreda, Histon Balance Sheet 31 December 2023 Conso11dated 2023 2022 Parent 202Z 2023 Flxed asset5 Tangible fixed assets Investments Total Flxed assets 1.629.694 1.658.2(¥J 1.561,970 1,588,202 90,000 1,651,970 1,678,202 1,629,694 1,658,206 Current assets Stock Debtors Cash at bank and in hand Total Current assets 1.5(Kl 22,216 18,060 176,990 158,470 200,706 178,030 61,814 57,527 166,206 148,596 228,020 206,123 Llabilltles Creditors . due in one year 21,361 23,910 13.649 14,978 Net Current assets 179.345 154.120 214,371 191,145 Total assets less current Ilabiiiiles 1.809,039 1,812,326 1,866.341 1.869,347 Credttors- due after one .ear 36.624 41.739 36.6Z4 41,739 Total Net Assets 1.772.415 1.770.587 1,829,717 1,827,608 Fund5 of the charlty Restsicteil income fund5 UnrestrKted income funds- general Unrestricted income fUl￿s- designated 1,102,231 1,124,866 348,648 317,4C6 1, 102,231 1.124,866 406,130 402,089 321,536 328,315 321.356 31X),653 Totsl Charlty Funds 1.772.415 1.770.587 1,829,717 1,827,608 The note50n pages 12 to 24 fom) part of these accounts. Approved by the Pèrochial Church Council on 7 May 2024 and signed on its behalf by.. Canon James Blandford-Baker IPCC Chairl 10 The Parish of St Andrew with St Etheldreda, Histon stal'einent of Cashflows Forthe year ending 31 Decem-, er 2023 Consolidated 2023 2022 Parent 2023 2022 Cash provided by (used in) operating actiYitiè$ 11 Cash flows from investing actiyities Interest income 24,494 9,072 18,732 14,801 236 236 ReiTtsI income Purchage of tangible fixed asset5 Cash provided by Inrfesting acti￿ties 113581_ 1 3581.. .___ 23.372 17,610 Cash flows from financin&actfvtties Interest Paid Repayment of tK)riowinE Cash used In financing activTt?es 14,8521 14.1771 Cash at beginning of year Inctrase in cash in the yEar Cash at end of year 158,470 153,575 148,596 133,795 176 990 158 470 166,206 148,596 The Parish of St Andrew with St Etheldreda, 14iston Notes to the Financial Statements for the year ended 31 December 2023 Notes to the Financial Statements l. Accoutlting Policie5 Ba515 of preparatiotkand assessmentofgoingconcem The fiiTr3E)cial stGtements iave been p-.ep2red uider the historical costconventionwith itern5 recognized at costoftransaction values unless0the￿I5eStated in the ielevantnote5tothe5e financial statements. The financial Statements have been prepared in actordanie with the Staten)ent of Recommellded Practice.. Accounting and Reportin8 of Charities prep3iThg tlpir fin3ncial 5tatetnents In a￿COrdanCe wkh the Fir13ncial Reporting Standard applicable in the UK and Republic of Ireland (FR5 IQ21 leff4¢rive I January 20191 and the c￿.arItIeS Act 2011. The-inancial statements have also been prepared in acco"dance with the Church Accoullting RegulatlOD5 2006 and modified as Treces5ary. The linan"IGI statements ir.clude a15 t￿ns8C-. on5, 355ets and I,abilities lorwhith the PCC 15 responsible In law. They do not include the account5 of church group5 that owe their maiTr aff1llat￿Th to 3nother body, northose tFt3t are infomal gatherings of church members. The P3rish of St Andrew with St Etheldreda. Histon constitute5 a5 a public benefit enttty a5delined by FRS 102. The Council Members consider that th2re are no material Un￿rtainl￿ about the ParcchialLhurch Council's ability to continue 35 a g0ingcon￿rn. Constslldation The finanknial statements of the PCC and its wholly owned trading subsidiary, Saint Andievls Centre Caté Limited, are cor,str1idated op a line-by-line basis, eliminallng all interim group transactions and balances, to produce the Groupfinancial statemenis. The p￿sentatIOn currency of the financial 5tatetnents is the pound steding (£1. Funds Restrictedf(tsnd5 fEpresent donationsorg.ants received for a 5￿C￿Coblect0r invited bythe pcc for a Specific object. The funds mèy only be expended on the Specific object lor which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on tFot fund. The PCC does p.ot usua5 y invesi separa'.ely for each fund. WherE there 15 110 separate investment, interest is apwrt oiled to inLiwdiial furLc5r ofi 3n average balance basis. Unrg5tiictedfvn.d5 are oeiier81 furbds which Can be used lor PCC ordinary purposes. Income Planned givin& colloctions and donations arp rocogniied when received, Tax reluThd5 are I"ocogni2ed when the iTrcoming resource to which thEy re13te is re￿1ve￿. Gr3nts and legacie5are accounted lorwhen the PCC is'.egally entitled to thE amount5 due. Interest 15 atcrued. RontaS income from letting of church premises is recoEniied when the rental is due. All other income is recogiiized when it 15 receivable. incoming resources are accounted forgross. The Parish of St Andrew with St Etheldreda, Histon Notes to th• Flnanclai Statements forthe year ended 31 December 2023 Expermllture Grants and donations a￿ a¢¢ounted forwhen paid over. or when awarded. rfthat award creatès a binding or tonstruciive obligatton on the PCC. The diowan parish share is accounted forwhen due. All other expendf(ure is generally recwixed when it i5 in¢urred and 15 accounted for8fOSS, All expenditure incurredon consecrdted and benefice buildings and moveable churchfumishing5, whether malntenan¢eorimprovement. tswfTttenoff 35eXpenditU￿ inthestatementof Financial Activities. Flxed assets Consecrated and benefKe pro￿rtY is not included in ihe accounts in auordante with s.9612llal of the Charities Act 2011. Land and buildlngs used bythe Council in undertaking its actmbes are included at a reasonable currènt yalue in use lessdepreaation. Movable church furnlshings held by the Vicar and Churchwarden5 on s[￿cIal trust for the PCC and which require a fatultyfor disposal are inalheThable property. listed in the church's Inventory, which carj be inspected lat 3ny reasonatAe tirnel. For anythlng acquired prKsrw 2000 there is insufficknt cost information available and thereforesuch assets are rK)tvalued in the ftnancial statement& Equipment, fixtu￿5 and fittings ￿ed w￿h1n the church p￿MiseS and for the Café are depreciated on a strai8ht-line basls overthree year5. Individual tims of equipment with a purchase prio of £3£￿ or less are written off when the asset is acquired. pro￿rtY ts depreciated on a stral8ht4ine Ixsis over 50 lor, In the case of the SaIntAndre￿$Centre, 801 years. Debtors Amount5 owin8 to the PCC at 31 D￿mber in ￿Pect offees, rènts and other incorne are shown as debtors ￿5S prowsion for amounts that rnay prove uncollectstle. The PCC 12,688 1,888 81,094 2,705 5,760 60,653 2.362 6.164 YJ,479 96 5,7 60,653 Staff c0515 y￿￿th work iLdrÈn's Mu51c Corrwwnity outreKh Trainlng Chwch m8ga2th2 1,810 2,810 3.265 3,265 50 1.454 1,881 7,333 4.14Q 5.341 7,333 4,140 28,527 7.419 7.419 27.590 n6 2.2Z 16.B26 3.711 243.114 Depr￿lati￿) Profe55ioTral Sth￿S ￿dEp￿r￿eThI exarnir￿ fees Church offi￿Sta[[C{￿tS Church Offi￿ expense5 23,166 2.220 16.826 3,711 20,217 4,931 239,293 20,217 4,931 26I5n 23,282 3(bl Trathw actlvitiE5 5aini Certre Sèini Centre Café 31 Narrow Lane 12 37.627 1Z7,9n 37,627 127,9n 31. I26,0￿j 31.064 126, 162.355 162.355 f 5 The Parish of St Andrew with St Etheldreda, Histon Notes to the Financial Statements For the year ended 31 D￿mber 2023 3.1 Staff costs Current year Unre5tritted Restricted fund5 funds Total fund5 2023 2023 2023 Wage5 and sa[￿1eS Nati(￿aL Insurance 138,298 365 138,298 365 Pension contribution5 3.773 142,436 142.436 Prlor-year Unrestrlcted Restritted funds funds 2022 Z022 Total fund5 2022 Wage5 and 5alaiies National In5urznce 155.088 953 155.088 953 Pension contributions 3,795 159,836 3,795 159.836 During the year, the PCC employed a YIMrth Minister, an Interim Youth Mintstei Ipart-timel. a Children's Minister, a Church Manager, a Church Administrator and a VKarf5 PA. Thecafé e￿￿0Ved a Café Manager. a part-ume Deputy Manager. a part-time Chef and 4 p3rt-time A55i5tants on an a hoc basis. No employee had employee benefits in exws of £60,OCQ12022.' none). A Small portion of theexpenses paidto the wcarand curates may have related totheirservl￿S as chair and members ofthe PCC respective￿. Key personnel are the Churchwardensand Treasurer, who are tsu5tees who (kn nDt get paFd. and the Vicarwho isnot ￿1￿ dirertly by the Charity- 4. Tran51ers between funds Transfers of lund5 dUringtheyearWe￿ asfollows: From.. Un￿#17¢ted Designated (building) 4.942 Oetxe¢iation tha￿eSOn building assets To.. Unrestricted Generalfvnds 4.942 16 The Parish of St Andrew with St Etheldreda, Histon Notes to the Financial Statements For the year end8d 310wEmL*r 2023 SO.Ta￿ble FIN￿ Assets-Consofthted120231 Freehotd land and buildlrffjs Flxiures and Computer ffttin85 equipment Total Costr. As at 1 January 2￿23 Addition5 As at 31 DecemLw 2023 1,901.594 57,270 1,358 58,628 10,119 1.968,983 1,358 10,119 1.970,341 1.901,594 Depreciation As at 1 Jar¥Jary 2023 Charges 248,823 25.318 51,835 4,552 10,119 310,777 29,870 s at 31 Decethr 2023 274,141 Net book value A5 at 31 December 2023 1,627,453 2.241 1,629,694 TangibleHxed A5S¢ts-Parentl20231 Freehold land and builthn45 Flxtures Computer and fittlTha5 equipment Total COSL" As at 1 January 2023 Additions As at 31 December 2023 1.819.184 36,635 1.358 8.682 1,864,501 1,358 8.682 1,865,859 1,819,184 Depreclatlon s at 1 January 2023 Charges As at 31 Decerr￿)er 2023 235,678 23,670 259.348 31.939 3,920 35,859 8.682 276,299 27,590 303,889 8,682 Net bcok value As at 31 December 2023 1,559,836 2.134 1.561,970 17 The Parish of St Andrew with St Etheldreda, Histon Notes to the Financial Staternents Forthe year ended 31 DeCeM￿r 2023 5b. Tan8lble FlxedAs5ets-Consolldated120221 Freehold land and bulldln Flxture5 and Computer flttln85 equipment Trtal A5 at 1 January 2022 Addttlons A5 at 31 December 2022 1,901,594 57,270 10,119 1,968,983 1,901,594 10,119 1,968,983 Depredatlon As at 1 January 2022 Charge5 A5 at 31 December 2022 223.505 25,318 248.823 46.746 5,089 9,719 4CM) 279,970 30,807 310,777 Net b￿k value As at 31 December 2022 1,652,771 5.435 1,658.206 Tanglble Flxed Assets-Parentl20221 Freehold land and bulldlngs Flxture5 Computer and fftt5￿ equipment Total Cost: As at 1 January 2022 Additions As at 31 December 2022 1,819,184 36,635 8,682 1,864,501 1.819.184 8.68Z 1.864,501 Depreclation As at 1 January 2022 Charges As at 31 December 2022 212,008 23,670 235.678 27,482 4,457 8,282 247,773 28,527 276,299 Net book value s at 31 December 2022 1,583,506 4,696 1,588,202 18 The Parish of St Andrew with St Etheldreda, Histon Notes to the Financial Ststements For the year ended 31 D￿mber 2023 6. Investments The PCC holds one£1 ordinaryshareinttswhollyownedsubsidiarycompanysaint thI￿￿sca￿TECJfé Limtted (with a share preThium of £89,999]. The results of the subsidiary a￿ 5ummarised in Notes 13 & 14. 7. Debtors Consolidated 2023 2022 Parent 2023 2022 Tax on Bift aid ￿e1Vable Other prepayments and accwed Income Loan to Icafél subsidlary 11,726 10,490 11,091 6.969 11.726 11,091 6,838 10.490 22.216 18.060 61,814 57,527 8. Uzbilltles Consolidated 2023 2022 Parent 2023 2022 Amounts falling due In one year Tax and national insurance VAT Liability 31 Narrow Lane rwK>rtqage Credit Cards Accruals & deferred I￿Ome Trade creditors AdVa￿e receipts 2.375 5,010 7.216 570 1.093 4.812 6,374 755 1.499 470 7,216 255 6,374 2.240 3,914 36 21.361 2,240 8.611 25 2,240 2,403 36 13,649 2,240 5,529 25 14,978 AmI￿ntS failing due after one year 31 Narrow Lane ffK)rtgage 36,624 36.624 41.739 41,739 36,624 41,739 19 The Parish of St Andrew with St Etheldreda, Histon Notes to the Financial Ststements Forlhe yearended 31 Dewiber 2023 9. Funds [dr￿eS as at I Inwming Resour January re￿r(eS expended Balance5 a5 at31 December 2023 Transfers 2023 Unrestricted Ge￿ra1 Funds GeneTrl Fund Unrestrfcted De5i8nated Funds Building5 Fund Children and Young People Weekend Away Fund Restrfcted Funds St Andrew's Centre Fund Vicar Dfscretionary Fund Chancel Repair Fund 317.406 412,797 {386,4971 4,942 348,648 31)J,653 12,789 14.942) 295.711 10,952 1,474 13,311) 14.873 14,873 1,114.356 122.6481 1,091,708 510 13 523 10,CKKJ 1,770,587 414,284 (412,456) 10.000 1,772,415 Total fuThds. Balances as Bala￿e$ a% atl Incoming Reyjur Trdnsfers *31 December 2022 2022 Unrestrlrted General Fund5 General Fund Unrestrkted DÈsignated Fund5 BLrildings Fund Children and Young People Weekend Away Fund Restricted Funds St Andrew's Centre Fund Vicar Discretlonary Fund Chancel Repair Fund Total funds 330,833 381,038 I399.4[￿) 4.941 317,406 305.594 {4,9411 300,653 12,037 3,513 12,2421 12,789 14,873 11,360 1,137,542 (23.1861 (961 1,114,356 510 10,LKK) 1,800,125 395,392 424.930 10,cKJO 1,770,587 20 The Parish of St Andrew with St Etheldreda, Histon Notes to the Financial Statements Forthe year ended 31 D￿mber 2023 Restrtcted fuhd5'. St Andrew5 Centre Fund-thSsfund vrd5 Set up to redevelop and renew the Church Hall's 51te.chan￿1 Repair Fund- thL8 fund vrds ellablished in 2020following a le8acy reque￿ for thispurpose. Vicarfs Discretionary Fund- th￿ fund was established In 2020 to allow the Vicarto makesmall grants at hislherown di5tredon. Desl8nated funds: The Building Fund holdsthe value of the Rooms and Narrow Lane proFerties. The fund5 sed for Ber￿ra1 purwses. A designated fund was eSt3￿lShèd Sn 2020 as part of ourwork in prioritisingchildren and Young People, Weekend Away Fund-this fund wa5 set up to receNe i*)nations towards the cost of theweekend away. carand ChurthwardengTru5t: Thi5 is a special tru# of the Pccwhich is held by the Incumbent and churchwardens foriheexpre5S purpose of assistingthe PCC in the rnairtenance of the church and churhyard. It is vested in the Diocesan 8oard of Finance IDBF) as custodian tru51Ee. A copyof the financial ststements is avallable on request. 10. Tr￿50￿10￿$ *lth rdated w¢ie5 There aretransactions betweenthe parent (Church) and subsldiary Icafél.The5e arelncluded In notes 13 & 14 but excluded from the main consolidated accounts. The crY)ss charges are £250pm from the Centr2 to Qfé for Servi￿ charges, and £250pm from Café to cent￿ for cleanin& There is also a loan account forthe Café which was originally used to a55iSt wtth thesetup, stocknng and fI￿t year5 QPErational cost. This will bE repaid overtime from ptofft5 and curren￿¥S¢and$ at £39.59812022.. £39.5981. A lease agreèment exists between the Café and pcc for an initial 5-yearterm, with a monthlyrental of £I,OCM). This ha5 been waNed bythe LandloTd IPCCI until such time ￿ the Café is making a sustainable operational profit. Thi5waiver ￿ reviewed on an annual basis. A proportionof any proffits fromthe Cafe will be paidto the Pccas dividend. The Vicar and Churchwardens, Trust made no contribution thjring the year12022.' no corrtributionl. 21 The Parish of St Andrew with St Etheldreda, Histon Notes to the Financial Statements For the yearended 31 DecemLEr 2023 11, Net movèment in Funds Reconclllatlon of the net It￿>¥ernert in funds to rEt cash flowfrom ol￿ratin8aCtIylt￿s Consolidated 2023 Parent 2023 2022 2022 Net movementin Funds Add ba¢k dep￿cIatIon charge Deduct interest Incorne shown ininvesting acttvitles 1.828 Z9.870 (29.5381 30,808 2.109 27,590 {12,201) 28,527 12361 {2361 Add back interest pald shtswn infinancing actlvities Change in debtors Change in (￿ditOrS Net cash proYi(ied ty (used In) operating &tivities 4.85Z 4.177 {4,1561 1,268 14,2871 1,068 6,444LJ2 591 L 24,494 9,072 18,732 14.801 12. &1niAntke￿sC￿tre The cross