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2023-12-31-accounts

THE PARISH CHURCH OF ST MICHAEL & ALL ANGELS WITH ST EADBURGHA’S CHURCH. BROADWAY

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31[st] DECEMBER 2023

Administrative information.

St Michael and All Angels’ Church is situated in Church Street, Broadway, WR12 4AE. It is in the Deanery of Evesham in the Diocese of Worcester within the Church of England. Correspondence address: The Vicarage, Church Street, Broadway, Worcestershire, WR12 7AE. Charity Registration Number 1129380.

Parochial Church Council (PCC) members who have served from 1[st] January 2023 until the date this report was approved are:

Incumbent: Revd Michelle Ward Chairman and Priest-in-Charge Chairman and Priest-in-Charge
Revd Josephine Williamson Retired Clergy with Permission to Officiate
Wardens: Mr Kevin Beasley
Mr John Hayes Until APCM 2023
Mrs Gill Hammond From APCM 2023
Representatives on
the Deanery Synod: Dr Joan Reading until APCM 2023
Mrs Sarah Beasley from APCM 2023
(also PCC Secretary)
Elected members: Mrs Ruth Davenport from APCM 2023
Mr Peter Grant
Mrs Helen Rushmore until 20/06/2023 (resigned)
Mrs Marilyn Walker until 11/07/2023 (resigned)
Dr Joan Reading until 12/09/2023 (resigned)

John Hayes co-opted on from PCC meeting after APCM.

Dr Joan Reading continues as Safeguarding Officer and reports to the PCC accordingly.

1

Aims and Purposes.

The object of the Parochial Church Council is the promotion of the gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. The PCC co-operates with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social, and ecumenical. The Parochial Church Council supported The Royal British Legion.

Structure, Governance and Management.

The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC is a Registered Charity.

The method of appointment of PCC members is governed by and 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.

The PCC members are responsible, as Trustees, for making decisions on all matters of general concern and importance to the parish, including deciding on how the funds of the PCC are to be spent.

The PCC has reviewed the polices on: Health & Safety; Safeguarding and have completed the parish Safeguarding reviews as required by the Diocese; Graveyard; Conflict/Declaration of Interest; Reserves; Risk; Data Protection; Complaints.

The Parochial Church Council has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults.)

Annual reviews are carried out for our Authorised Lay Ministers.

The PCC meets on a regular basis and the Standing Committee has the power to transact the business of the PCC between PCC meetings subject to directions given by the PCC.

Objects and Activities

The PCC has the responsibility of co-operating with the incumbent in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social, and ecumenical.

The main objectives for 2023 were to increase income by fundraising; increase presence in the community; encourage use of the church building for community events. We have continued to help our community by being a Christian and prayerful presence with the development of the foodbank.

Achievements and Performance

Communion at Brompton House and Parsons Gardens, visits and home communion, pastoral visits, visits to the school, coffee club at No.32 on Wednesdays, and Tea at 3 continued.

The Tree of Light service took place in November on the Village Green by the Tree of Light. There was a Christmas Service on The Green and a Carol Service week before Christmas. Both were well attended and appreciated. Midnight Communion was held at St Michael’s on Christmas Eve and Communion on Christmas Day.

The Foodbank has developed with a core of volunteers, and has its own insurance. One of our parishioners hosted a Bible Study group on Wednesday afternoons. School assemblies were attended at the First School and the school Nativity play was held in St Michael’s Church.

We held a Grand Christmas Draw which helped to raise much needed funds.

2

Bishop Martin Gorick came for the Mothering Sunday service which was also attended by the Brownies and Rainbows.

We hosted the Parish Council - Celebrating the Village Service which we hope to hold again, joined by the Brownies and Rainbows.

Godparents Sunday was celebrated at St Michael’s Church.

At Easter there was the Maundy Thursday Service at St John’s and Meditations on the Cross at St Eadburgha’s. The Churches Together Good Friday Walk of Witness took place ending with a service on The Green and there was the Easter Day sunrise service at Broadway Tower.

The church took part in the celebrations for the Coronation of King Charles III.

RAF remembrance yearly service took please on the 2nd June at Broadway Tower.

There was a large wedding at St Michael’s with many flowers which enabled us to distribute flowers to a lot of the village.

Revd Jo Williamson and Bishop Robert Paterson led the Remembrance Sunday Service. Revd Williamson took the Churches Together All Souls service. Parishioners also brought memory baubles to hang on the Christmas Tree.

Revd Jo Williamson, Kevin Beasley (ALM & Churchwarden), Gill Hammond (Churchwarden) with Revd Alma Organ and Bishop Robert Paterson did an amazing job organising and taking the services whilst Revd Michelle ward was signed off from 19th July - 1st December when she began a phased returned.

Revd Ward is a member of the Parish Council New Events Committee and Visitor Management Committee.

At Wickhamford they face serious issues with the roof of St John’s Church and continue to fund raise with quizzes and spring & winter Fayres. They also hold a coffee morning on the first Saturday of the month.

The Vicar’s & Churchwardens’ fund, set up in 2016, has been used to provide help for the poor, homeless and needy individuals in the village and provide food bank parcels at Christmas. This fund also helped families in need throughout the year.

The Friends of St Eadburgha’s have continued to support the parish with funds for the maintenance of St Eadburgha’s Church and all their support is greatly appreciated.

Review of the Year

The PCC met 8 times during the year and dealt with various matters. One meeting was postponed due to unforeseen circumstances. Meetings were held at St Michael’s Church, a PCC member’s home, and The Vicarage. Attendance at meetings has been good. The PCC also received reports from the sub-committees: Standing; Finance; Fabric; Social, Fundraising and Mission. Reports were also received from the Deanery Synod and Diocesan Synod.

During the year the PCC also discussed the following:

3

The clock, appliances and fire extinguishers have been serviced / tested.

Deanery Synod

During the year, the Synod met and discussed varied topics and reports were submitted to the PCC.

Financial Review

Total income of ordinary unrestricted funds was £67,922 as detailed in the financial statements. Total expenditure of ordinary unrestricted funds was £70,940. A £22,500 contribution was made towards the 2023 Benefice Share.

The net result for the year was an excess of expenditure over income of £3,018 on unrestricted funds.

Reserves Policy

It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to at least three months’ unrestricted payments. This is equivalent to £20,000. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the end of the year was £1,797 which is lower than this target.

The balance of restricted funds at the end of the year was £24,788 and is comprised of the Parish Building Fund and the Lift Appeal Fund. The Building Fund is used to fund the upkeep of St Michael & All Angels’ Church fabric and St Eadburgha’s fabric.

Where income permits it is PCC policy to transfer funds into the Parish Building Fund, the Heating Fund, the Organ Fund, and the Mission Fund. In the past year this has not been possible as there have been no surplus funds.

It is our policy to invest funds with the CCLA Church of England Deposit Fund. There are no funds currently invested.

The PCC has proposed to set aside sufficient funds, income permitting, to build up a more adequate amount of reserves in all funds through a Stewardship Campaign and fundraising events. It will also make every effort to pay the Benefice Share in full.

4

Risk Management

The PCC receives Regular Financial updates from the Treasurer.

Interest rates on the savings account have increased which has helped increase the restricted funds.

The PCC is aware of the necessity to increase income and plans to continue to encourage people to give and support church events in 2024.

The PCC considered the regulations regarding data protection – the General Data Protection Regulation (GDPR) which came into force on 25[th] May 2018. Contact preferences have been recorded, secure storage has been purchased and a GDPR Policy is now in place.

5

Independent Examiner's Report 1
Statement of Financial Activities
Balance Sheet 4
Notes to the Financial Statements 5 to 13

Unrestricted Restricted Restricted Total
funds funds 2023
Note
Income and Endowments from:
Donations and legacies 50,165 13,499 63,664
Charitable activities 13,897 13,897
Other trading activities 3,845 3,845
Investment income 5 15 229
Other income 14 966 14 966
Totalincome 67 922 28 694 96 616
Expenditure on:
Raising funds (1 ,381) (1 ,381)
Charitable activities (69,559) (15,246) (84,805)
Total expenditure (702940). (15,246) (86,186)
Net (expenditure)/income (3,018) 13 448 10 430
Net movement in funds (3,018) 13,448 10,430
Reconciliation of funds
Total funds brought forward 4,815 11 340 16 155
Totalfunds carried forward 1 797 24 788 26 585

Unrestricted Restricted Restricted Total
funds funds 2022
Note
Income and Endowments from:
Donations and legacies 43,745 43,745
Charitable activities 1 5,962 15,962
Other trading activities 3,199 3, 199
Investment income 5 2 21 23
Other income 911 911
Total income 62 908 932 63 840
Expenditure on:
Raising funds (1 ,310) (1,310)
Charitable activities (69,824) (630) (70,454)
Total expenditure (71 ,134) (630) (71 ,764)
Net (expenditure)/ income (8,226) 302 (7 924)
Net movementin funds (8,226) 302 (7,924)
Reconciliation of funds
Total funds brought forward 13,042 11 ,038 24 080
Total funds carried forward 4 816 11 340 16 156

2023 2022
Note
Fixed assets
Tangible assets 12 452 882
Current assets
Cash at bank and in hand 13 26,903 16,045
Creditors: Amounts falling due within one year 14 (770) (771 )
Net current assets 26,133 15 274
Net assets 26,585 16 156
Funds of the charity:
Restricted income funds
Restricted funds 24,788 11,340
Unrestricted income funds
Unrestricted funds 1,797 4 816
Total funds 15 26 585 16 156

Unrestricted
Total Total
General Restricted 2023 2022
Donations and legacies;
Planned giving - Gift Aid
donations 17,072 17,072 21,129
Planned giving - income tax
recoverable 6,512 1,180 7,692 6,826
Collections 9,959 9,959 5,854
Sundry donations and other
giving 6,016 6,016 4,556
Grants 1,150 1,000 2,150 3,054
Donations, appeals etc 4,456 6,319 10,775 2,326
Legacies and bequests 5,000 5,000 10,000
50 165 13 499 63 664 43 745
Income from charitable activities
Unrestricted
Total Total
General 2023 2022
Fees paid to PCC for weddings, funerals and
monuments 6,342 6,342 8,125
Expenses paid to PCC for weddings, funerals
and monuments 7 555 7 555 7,837
13 897 13 897 15 962
Unrestricted
Total Total
General 2023 2022
Fundraising events 3 845 3 845 3 199
3 845 3 845 3 199

Unrestricted
funds Restricted Total Total
General funds 2023 2022
Interest receivable and similar
income;
Interest receivable on bank
deposits 15 229 23

Unrestricted Unrestricted
Total Total
General 2023 2022
Note
Cost of fundraising 1 381 1 381 1 310
1 381 1 381 1 310

7
Expenditure on c
haritable a ctivities
Unrestricted
Total Total
General Restricted 2023 2022
Note
Missionary and
charitable giving 671 671 120
Ministry
- diocesan
parish share 22,500 22,500 20,000
Other ministry
costs
- clergy fees
1 ,899 1 ,899 4,048
Other ministry
costs
- ministry/
clergy expenses 758 758 1,219
Church
- running
expenses 18,786 18,786 17,287
Building
maintenance 7,751 15,246 22, 997 5,691
Upkeep of
churchyard 10,152 10,152 15,639
Professional fees re
repairs and
inspection 940
Sundries 2,879 2,879 2,181
Depreciation 430 430 435
Staff costs 2,795 2,795 1,945
Governance costs 938 938 949
69 559 15 246 84 805 70 454

Unrestricted
funds Total Total
General 2023 2022
Independent examiner fees
Examination of thefinancial statements 768 768 768
Other governance costs 170 170 181
938 938 949
Net incoming / ( outgoi ng) resources for the yearinc lude:
2023 2022
Depreciation of fixed assets 430 435

12 Tangible fixed assets
Furniture and
equipment Total
Cost
At 1 January 2023 4,469 4,469
At 31 December 2023 4 469 4 469
Depreciation
At 1 January 2023 3,587 3,587
Charge for the year 430 430
At 31 December 2023 4,017 4,017
Net book value
At 31 December 2023 452 452
At 31 December 2022 882 882
13 Cash and cash equivalents
2023 2022
Cash at bank 26 903 16 045
14 Creditors: amounts falling due within one year
2023 2022
Accruals 772 772
15 Funds
Balance at 31
Balance at 1 Incoming Resources December
January 2023 resources expended 2023
Unrestricted
General 4,815 67,922 (70,940) 1,797
Restricted 11 340 28 694 (15,246) 24,788
Total funds 16 155 96 616 26 585

Balance at 31
Balance at 1 Incoming Resources December
January 2022 resources expended 2022
Unrestricted
General 13,042 62,908 (71,134) 4,816
Restricted 11 038 932 (630) 11 340
Total funds

The aggregate payroll costs were as follows:
2023 2022
Staffcosts during the year were:
Wages and salaries 2 795 1 945

18 Analysis of net assets between f unds
Unrestricted Total funds at
funds Restricted 31 December
General funds 2023
Tangible fixed assets 452 452
Current assets 2,115 24,788 26,903
Current liabilities (770) (770)
Total net assets 1 797 24 788 26 585
Unrestricted Total funds at
funds Restricted 31 December
General funds 2022
Tangible fixed assets 882 882
Current assets 4,705 11 ,340 16,045
Current liabilities (771 ) (771 )
Total net assets 4 816 11 340 16 156

Independent Examiner's Report 1
Statement of Financial Activities
Balance Sheet 4
Notes to the Financial Statements 5 to 13

Unrestricted Restricted Restricted Total
funds funds 2023
Note
Income and Endowments from:
Donations and legacies 50,165 13,499 63,664
Charitable activities 13,897 13,897
Other trading activities 3,845 3,845
Investment income 5 15 229
Other income 14 966 14 966
Totalincome 67 922 28 694 96 616
Expenditure on:
Raising funds (1 ,381) (1 ,381)
Charitable activities (69,559) (15,246) (84,805)
Total expenditure (702940). (15,246) (86,186)
Net (expenditure)/income (3,018) 13 448 10 430
Net movement in funds (3,018) 13,448 10,430
Reconciliation of funds
Total funds brought forward 4,815 11 340 16 155
Totalfunds carried forward 1 797 24 788 26 585

Unrestricted Restricted Restricted Total
funds funds 2022
Note
Income and Endowments from:
Donations and legacies 43,745 43,745
Charitable activities 1 5,962 15,962
Other trading activities 3,199 3, 199
Investment income 5 2 21 23
Other income 911 911
Total income 62 908 932 63 840
Expenditure on:
Raising funds (1 ,310) (1,310)
Charitable activities (69,824) (630) (70,454)
Total expenditure (71 ,134) (630) (71 ,764)
Net (expenditure)/ income (8,226) 302 (7 924)
Net movementin funds (8,226) 302 (7,924)
Reconciliation of funds
Total funds brought forward 13,042 11 ,038 24 080
Total funds carried forward 4 816 11 340 16 156

2023 2022
Note
Fixed assets
Tangible assets 12 452 882
Current assets
Cash at bank and in hand 13 26,903 16,045
Creditors: Amounts falling due within one year 14 (770) (771 )
Net current assets 26,133 15 274
Net assets 26,585 16 156
Funds of the charity:
Restricted income funds
Restricted funds 24,788 11,340
Unrestricted income funds
Unrestricted funds 1,797 4 816
Total funds 15 26 585 16 156

Unrestricted
Total Total
General Restricted 2023 2022
Donations and legacies;
Planned giving - Gift Aid
donations 17,072 17,072 21,129
Planned giving - income tax
recoverable 6,512 1,180 7,692 6,826
Collections 9,959 9,959 5,854
Sundry donations and other
giving 6,016 6,016 4,556
Grants 1,150 1,000 2,150 3,054
Donations, appeals etc 4,456 6,319 10,775 2,326
Legacies and bequests 5,000 5,000 10,000
50 165 13 499 63 664 43 745
Income from charitable activities
Unrestricted
Total Total
General 2023 2022
Fees paid to PCC for weddings, funerals and
monuments 6,342 6,342 8,125
Expenses paid to PCC for weddings, funerals
and monuments 7 555 7 555 7,837
13 897 13 897 15 962
Unrestricted
Total Total
General 2023 2022
Fundraising events 3 845 3 845 3 199
3 845 3 845 3 199

Unrestricted
funds Restricted Total Total
General funds 2023 2022
Interest receivable and similar
income;
Interest receivable on bank
deposits 15 229 23

Unrestricted Unrestricted
Total Total
General 2023 2022
Note
Cost of fundraising 1 381 1 381 1 310
1 381 1 381 1 310

7
Expenditure on c
haritable a ctivities
Unrestricted
Total Total
General Restricted 2023 2022
Note
Missionary and
charitable giving 671 671 120
Ministry
- diocesan
parish share 22,500 22,500 20,000
Other ministry
costs
- clergy fees
1 ,899 1 ,899 4,048
Other ministry
costs
- ministry/
clergy expenses 758 758 1,219
Church
- running
expenses 18,786 18,786 17,287
Building
maintenance 7,751 15,246 22, 997 5,691
Upkeep of
churchyard 10,152 10,152 15,639
Professional fees re
repairs and
inspection 940
Sundries 2,879 2,879 2,181
Depreciation 430 430 435
Staff costs 2,795 2,795 1,945
Governance costs 938 938 949
69 559 15 246 84 805 70 454

Unrestricted
funds Total Total
General 2023 2022
Independent examiner fees
Examination of thefinancial statements 768 768 768
Other governance costs 170 170 181
938 938 949
Net incoming / ( outgoi ng) resources for the yearinc lude:
2023 2022
Depreciation of fixed assets 430 435

12 Tangible fixed assets
Furniture and
equipment Total
Cost
At 1 January 2023 4,469 4,469
At 31 December 2023 4 469 4 469
Depreciation
At 1 January 2023 3,587 3,587
Charge for the year 430 430
At 31 December 2023 4,017 4,017
Net book value
At 31 December 2023 452 452
At 31 December 2022 882 882
13 Cash and cash equivalents
2023 2022
Cash at bank 26 903 16 045
14 Creditors: amounts falling due within one year
2023 2022
Accruals 772 772
15 Funds
Balance at 31
Balance at 1 Incoming Resources December
January 2023 resources expended 2023
Unrestricted
General 4,815 67,922 (70,940) 1,797
Restricted 11 340 28 694 (15,246) 24,788
Total funds 16 155 96 616 26 585

Balance at 31
Balance at 1 Incoming Resources December
January 2022 resources expended 2022
Unrestricted
General 13,042 62,908 (71,134) 4,816
Restricted 11 038 932 (630) 11 340
Total funds

The aggregate payroll costs were as follows:
2023 2022
Staffcosts during the year were:
Wages and salaries 2 795 1 945

18 Analysis of net assets between f unds
Unrestricted Total funds at
funds Restricted 31 December
General funds 2023
Tangible fixed assets 452 452
Current assets 2,115 24,788 26,903
Current liabilities (770) (770)
Total net assets 1 797 24 788 26 585
Unrestricted Total funds at
funds Restricted 31 December
General funds 2022
Tangible fixed assets 882 882
Current assets 4,705 11 ,340 16,045
Current liabilities (771 ) (771 )
Total net assets 4 816 11 340 16 156