2023-12-31-accounts

The Parochial Church Council of the Ecclesiastical Parish of St Mary with Holy Trinity Ulverston

Financial Statements

31 December 2023

Charity Number: 1129826

PCC St Mary with Holy Trinity Ulverston

Financial Statements

for the year ended 31 December 2023

Contents

1	Independent Examiner's Report
2	Statement of Financial Activities
3	Balance Sheet
4-16	Notes to the Accounts
17	Quinquennial Inspection

Independent Examiner's Report to the Trustees of the PCC St Mary with Holy Trinity Ulverston for the year ended 31st December 2023

I report on the accounts for the year ended 31st December 2023 which are set out on pages 2 to 16.

Respective Responsibilities of Trustees and Examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

• examine the accounts under section 145 of the Charities Act,

• to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act, and

• to state whether particular matters have come to my attention.

Basis of Independent Examiner’s Report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent Examiner’s Statement

In connection with my examination, no matter has come to my attention which gives me cause to believe that in any material respect:

1. accounting records were not kept in accordance with section 130 of the Charities Act; or

2. the accounts do not accord with the accounting records

I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Ian Thompson (ICAEW) Saint & Co Chartered Accountants The Old Police Station Church Street, Ambleside Cumbria LA22 0BT

……………………….. Date

1

PCC St Mary with Holy Trinity Ulverston Statement of Financial Activities for the year ended 31 December 2023

		Endowment	Unrestricted	Restricted	Total	Total
		Funds	Funds	Funds	Funds	Funds
	Notes	2023	2023	2023	2023	2022
		£	£	£	£	£
						Restated
Income
Voluntary income	9a	-	177,662	26,873	204,535	222,507
Church activities	9b	-	9,649	1,702	11,351	9,886
Activities for generating funds	9c	-	4,181	746	4,927	20,858
Investment income	9d	-	10,987	999	11,986	10,063
Other income	9e	-	-	-	-	-
Total income		-	202,479	30,320	232,799	263,314
Expenditure
Missionary and charitable giving	10a	-	16,263	8,142	24,405	21,269
Church activities	10b	-	196,539	25,878	222,417	302,199
Cost of generating funds	10c	-	12,111	689	12,800	11,858
Costs of investment income	10d	-	-	-	-	-
Total expenditure		-	224,913	34,709	259,622	335,326
Net income / (expenditure)
before investment gains & losses		-	(22,434)	(4,389)	(26,823)	(72,012)
Gains / (Losses) on investment assets	8	-	5,618	-	5,618	(29,697)
Net income / (expenditure)		-	(16,816)	(4,389)	(21,205)	(101,709)
Transfers between funds	8	-	25,489	(25,489)	-	-
Net movement in funds		-	8,673	(29,878)	(21,205)	(101,709)
Total funds brought forward	8	-	324,374	179,252	503,626	605,335
Total funds carried forward	8	-	333,047	149,374	482,421	503,626

The notes on pages 4 to 16 form an integral part of these accounts.

2

PCC St Mary with Holy Trinity Ulverston Balance Sheet as at 31 December 2023

Notes Fixed assets Tangible assets 4 Investments 5 Total fixed assets Current assets Debtors 6 Cash at bank and in hand Total current assets Creditors Amounts due within one year 7 Net current assets Total net assets Represented by funds of the charity: Unrestricted funds Designated funds 8 Unrestricted general funds 8 Total unrestricted funds Restricted funds 8 Endowment funds 8 Total funds	Endowment Unrestricted Restricted Total Total Funds Funds Funds Funds Funds 2023 2023 2023 2023 2022 £ £ £ £ £ Restated - 33,539 - 33,539 36,636 - 261,714 - 261,714 256,096	Endowment Unrestricted Restricted Total Total Funds Funds Funds Funds Funds 2023 2023 2023 2023 2022 £ £ £ £ £ Restated - 33,539 - 33,539 36,636 - 261,714 - 261,714 256,096
	- 295,253 - 295,253 292,732
	- 8,213 563 8,776 35,919 - 29,857 156,012 185,869 181,306
	- 38,070 156,575 194,645 217,225 - (276) (7,201) (7,477) (6,331)
	- 37,794 149,374	187,168 210,894
	- 333,047 149,374	482,421 503,626
		2023 2022 £ £ Restated 317,373 311,257 15,674 13,117
		333,047 324,374 149,374 179,252 - -
		482,421 503,626

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

………………………………………………………… Colin Dykes

………………………………………………………… Reverend Madeleine Simpson

………………………………………………………… Date

The notes on pages 4 to 16 form an integral part of these accounts.

3

PCC St Mary with Holy Trinity Ulverston Notes to the Accounts for the year ended 31 December 2023

1 Accounting policies

Basis of preparation

The PCC is a public benefit entity within the meaning of FRS 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006, together with FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statementof Recommended Practice, Accounting and Reporting by Charities (Charities SORP(FRS102)).

The financial statements are prepared in sterling, which is the functional currency of the entity.

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

Going concern

There are no material uncertainties about the charity's ability to continue.

Incoming Resources

All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Voluntary income

Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when received. Tax recoverable on Gift Aid donations is recognised when the donation is recognised.

Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement; the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain.

Activities for raising funds

Letting of parish centre is recognised when due. Funds raised by the coffee morning and similar events are accounted for gross.

Income from investments

Dividends are accounted for when due and payable and interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognised in the same accounting year.

Expenditure and liabilities

Recognition of liabilities

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

Activities directly relating to the work of the church

The diocesan parish offering is accounted for when due; any parish offering unpaid at 31 December is provided for in these financial statements as an operational (though not a legal) liability and is shown as a creditor in the balance sheet.

Grants and donations

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.

4

PCC St Mary with Holy Trinity Ulverston Notes to the Accounts for the year ended 31 December 2023

1 Accounting policies (continued)

Gains and losses on investments

Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investments at 31 December.

Consecrated property and movable church furnishings

Consecrated and beneficed property of any kind is excluded from the financial statements s10(2)(c) of the Charities Act 2011.

Movable church furnishings held by the rector and church wardens on special trust for the PCC and which require a faculty for disposal are accounted for as an inalienable property unless consecrated. They are listed in the church's inventory which can be inspected at any reasonable time. For inalienable property acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Items acquired since 1 January 2000 have been capitalised and depreciated in the financial statements over the currently anticipated useful economic life.

All the expenditure incurred in the year on consecrated or beneficed buildings, individual items under £2,000, or on the repair of movable church furnishings acquired before 1 January 2000 is written off.

Investments held by the charity

Investments are valued at 31 December.

Fixed assets and depreciation

Equipment used within the church premises is depreciated on a straight line basis over five years. Individual items of equipment with a purchase price of £2,000 or less are written off when the asset is acquired. Depreciation is set at 2% on non-consecrated buildings. It is the policy of the PCC to keep these buildings in their current state of repair.

Funds

General funds represent the funds of the PCC that are not subject to any restriction regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

Restricted funds are those funds that must be spent on restricted purposes and details of the funds are provided in their own note. Endowment funds, where capital must be retained, are explained in their own note.

The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the financial statements of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.

Key sources of estimate uncertainty

The only estimate that is made that could have a material effect on the carrying amounts of assets and liabilities is depreciation on fixed assets. The depreciation policy is set out above and the carrying amounts are set out in the tangible fixed assets note to the accounts.

2 Related party transactions

Travel, subsistence and adminstration expenses amounting to a total of £1,601 were paid to three trustees for costs incurred while carrying out their ministerial duties (2022: £2,216 to three trustees)

5

PCC St Mary with Holy Trinity Ulverston Notes to the Accounts for the year ended 31 December 2023

3 Staff costs Employed by the PCC: Salaries and wages Social security costs Pension costs (defined contribution scheme) The average number of persons employed by the PCC during the year was The following amounts were paid in respect of Diocese employees: Deanery Youth Minister (paid as part of Parish Offering) Deanery Children & Families Minister (paid as part of Parish Offering) 4 Tangible fixed assets Freehold Land and Buildings £ Cost / Valuation At 1 January 2023 56,972 Additions - Disposals - At 31 December 2023 56,972 Depreciation At 1 January 2023 26,210 Eliminated on disposals - Charge for the year 1,139 At 31 December 2023 27,349 Net book value At 31 December 2023 29,623 At 31 December 2022 Restated 30,762	3 Staff costs Employed by the PCC: Salaries and wages Social security costs Pension costs (defined contribution scheme) The average number of persons employed by the PCC during the year was The following amounts were paid in respect of Diocese employees: Deanery Youth Minister (paid as part of Parish Offering) Deanery Children & Families Minister (paid as part of Parish Offering) 4 Tangible fixed assets Freehold Land and Buildings £ Cost / Valuation At 1 January 2023 56,972 Additions - Disposals - At 31 December 2023 56,972 Depreciation At 1 January 2023 26,210 Eliminated on disposals - Charge for the year 1,139 At 31 December 2023 27,349 Net book value At 31 December 2023 29,623 At 31 December 2022 Restated 30,762	2023 2022 £ £ Restated 15,620 12,735 - - 161 91
		15,781 12,826
		2 (2022: 2). - - - -
		- -
		Plant and Equipment Total £ £ 15,487 72,459 - - - -
	56,972	15,487 72,459
	26,210 - 1,139	9,613 35,823 - - 1,958 3,097
	27,349	11,571 38,920
	29,623	3,916 33,539
	30,762	5,874 36,636

Previously a Parish Centre building incorrectly believed to have been owned by PCC St Mary with Holy Trinity Ulverston was included within freehold land and buildings with a net book value of £223,240 as at 31 December 2022. The property has therefore been removed from the balance sheet and designated funds to which it was attributed.

During the reporting period it has been confirmed that the property is not owned by the charity but it has been agreed that it operate and maintain the property on behalf of "The Old Infant School" the current owners for no rent.

6

PCC St Mary with Holy Trinity Ulverston Notes to the Accounts for the year ended 31 December 2023

5 6 7	Fixed asset investments Market Market Value Value 2023 2022 £ £ Restated Unrestricted Funds Designated to Youth Eden Tree Investment Fund for Charities (Cost 2011: £200,021) Valuation At 1 January 2023 256,096 285,793 Additions 248,058 - Disposals (248,058) - Fair value movements - gains / (losses) 5,618 (29,697) At 31 December 2023 261,714 256,096 Debtors 2023 2022 £ £ Restated Gift Aid Tax Recoverable 7,709 9,423 Grants receivable - 19,226 Prepayments 1,067 981 PAYE & NI - - Other Debtors - 6,289 8,776 35,919 Creditors: amounts falling due within one year 2023 2022 £ £ Restated Other Creditors 2,951 2,149 Accrued Expenses 4,526 4,182 7,477 6,331	Fixed asset investments Market Market Value Value 2023 2022 £ £ Restated Unrestricted Funds Designated to Youth Eden Tree Investment Fund for Charities (Cost 2011: £200,021) Valuation At 1 January 2023 256,096 285,793 Additions 248,058 - Disposals (248,058) - Fair value movements - gains / (losses) 5,618 (29,697) At 31 December 2023 261,714 256,096 Debtors 2023 2022 £ £ Restated Gift Aid Tax Recoverable 7,709 9,423 Grants receivable - 19,226 Prepayments 1,067 981 PAYE & NI - - Other Debtors - 6,289 8,776 35,919 Creditors: amounts falling due within one year 2023 2022 £ £ Restated Other Creditors 2,951 2,149 Accrued Expenses 4,526 4,182 7,477 6,331
		261,714 256,096
		2023 2022 £ £ Restated 7,709 9,423 - 19,226 1,067 981 - - - 6,289
		8,776 35,919
		2023 2022 £ £ Restated 2,951 2,149 4,526 4,182
		7,477 6,331

7

PCC St Mary with Holy Trinity Ulverston Notes to the Accounts

for the year ended 31 December 2023

8 Funds(current year) Endowment Funds Mission & Outreach Unrestricted Funds Designated Freehold Land & Buildings Designated Plant & Equipment Designated Building Project Designated Youth Reserves: Eden Tree Investment Children & Youth General Restricted Funds Property St Johns Church - restoration St Marys Parish Roof Fund General Building Works St Marys Parish Church Parish Office Parish Centre Restoration Mission Finance Children & Youth Worship Discipleship & Nurture Mission & Outreach	Brought Carried forward Gains & forward 1 Jan 2023 Income Expenditure (Losses) Transfers 31 Dec 2023 £ £ £ £ £ £ Restated - - - - - -
	- - - - - -
	30,762 - (1,139) - - 29,623 5,874 - (1,958) - - 3,916 - - - - - - 256,096 10,981 - 5,618 (10,981) 261,714 18,525 3,595 - - - 22,120
	311,257 14,576 (3,097) 5,618 (10,981) 317,373 13,117 187,903 (221,816) - 36,470 15,674
	324,374 202,479 (224,913) 5,618 25,489 333,047
	27,826 5,208 (4,138) - - 28,896 92,554 1,183 - - (20,498) 73,239 - 750 - - - 750 15,624 3,796 - - - 19,420 - - - - - - - - - - - - - 2,712 (9,631) - 6,919 -
	136,004 13,649 (13,769) - (13,579) 122,305 - 8,142 (8,142) - - - 42,892 7,922 (12,118) - (11,910) 26,786 - 55 (55) - - - 356 509 (582) - - 283 - 43 (43) - - -
	179,252 30,320 (34,709) - (25,489) 149,374
	503,626 232,799 (259,622) 5,618 - 482,421

8

PCC St Mary with Holy Trinity Ulverston Notes to the Accounts

for the year ended 31 December 2023

8 Funds(previous year) Endowment Funds Mission & Outreach Unrestricted Funds Designated Freehold Land & Buildings Designated Plant & Equipment Designated Building Project Designated Youth Reserves: Eden Tree Investment Children & Youth General Restricted Funds Property St Johns Church - restoration St Marys Parish Roof Fund General Building Works St Marys Parish Church Parish Office Parish Centre Restoration Mission Finance Children & Youth Worship Discipleship & Nurture Mission & Outreach As reported in 31/12/2022 Fixed asset adjustments	Brought Carried forward Gains & forward 1 Jan 2022 Income Expenditure (Losses) Transfers 31 Dec 2022 £ £ £ £ £ £ Restated Restated Restated Restated Restated Restated - - - - - -
	- - - - - -
	31,901 - (1,139) - - 30,762 7,832 - (1,958) - - 5,874 14,269 - - - (14,269) - - 285,793 9,836 (5,185) (29,697) (4,651) 256,096 11,623 2,251 - - 4,651 18,525
	351,418 12,087 (8,282) (29,697) (14,269) 311,257 34,651 196,026 (203,375) - (14,185) 13,117
	386,069 208,113 (211,657) (29,697) (28,454) 324,374
	25,131 4,195 (1,500) - - 27,826 101,969 585 - - (10,000) 92,554 16,441 720 - - (17,161) - 34,635 3,072 (3,072) - (19,011) 15,624 - - - - - - - - - - 3,814 34,978 (113,418) - 74,626 -
	181,990 43,550 (117,990) - 28,454 136,004 - 4,904 (4,904) - - - 36,676 6,216 - - - 42,892 - - - - - - 250 531 (425) - - 356 350 - (350) - - -
	219,266 55,201 (123,669) - 28,454 179,252
	605,335 263,314 (335,326) (29,697) - 503,626
	836,843 263,314 (343,595) (29,697) - 726,865
	(231,508) - 8,269 - - (223,239)
	605,335 263,314 (335,326) (29,697) - 503,626

The funds have been restated to reflect the freehold property that was not owned by the charity.

9

PCC St Mary with Holy Trinity Ulverston Notes to the Accounts

for the year ended 31 December 2023

Notes 9 Income 9a Voluntary income Planned Giving - Gift Aided Planned Giving - Non Gift Aided Ordinary Cash Collections Wedding & Funeral Charitable Collections Wedding & Funeral St John's Restoration Appeal Special Collections St Mary's Restoration Appeal Donations St John's Restoration Appeal Donations Children & Youth Appeals & Donations Sundry Donations Grants Legacies Gift Aid Tax Recovered 9b Church activities PCC Fees Discipleship & Nurture including Parish Fellowship Youth Church Junior Church Toddler Group Mission & Outreach including Coffee & Chat 9c Activities for generating funds Parish Centre lettings Fundraising Activities - Restoration Mission Fundraising Activities - St John's Fundraising Activities - other Sale of equipment 9d Investment income Dividends and Interest 9e Other income Insurance claim Total income	Unrestricted Restricted Total Funds Funds Funds 2023 2023 2023 £ £ £ 110,949 5,732 116,681 17,766 20 17,786 11,909 - 11,909 750 4,574 5,324 - - - - 3,511 3,511 - 6,234 6,234 - 2,646 2,646 - 2,500 2,500 4,561 - 4,561 2,912 (471) 2,441 - - - 28,815 2,127 30,942
	177,662 26,873 204,535
	5,096 - 5,096 429 509 938 - 1,150 1,150 1,173 - 1,173 2,422 - 2,422 529 43 572
	9,649 1,702 11,351
	3,131 - 3,131 - 220 220 - 471 471 1,050 55 1,105 - - -
	4,181 746 4,927
	10,987 999 11,986
	- - -
	202,479 30,320 232,799

10

PCC St Mary with Holy Trinity Ulverston Notes to the Accounts for the year ended 31 December 2023

Notes 9 Income (previous year ) 9a Voluntary income Planned Giving - Gift Aided Planned Giving - Non Gift Aided Ordinary Cash Collections Wedding & Funeral Charitable Collections Wedding & Funeral St John's Restoration Appeal Special Collections St Mary's Restoration Appeal Donations St John's Restoration Appeal Donations Children & Youth Appeals & Donations Sundry Donations Grants Legacies Gift Aid Tax Recovered 9b Church activities PCC Fees Discipleship & Nurture including Parish Fellowship Youth Church Junior Church Toddler Group Mission & Outreach including Coffee & Chat 9c Activities for generating funds Parish Centre lettings Fundraising Activities - Restoration Mission Fundraising Activities - St John's Fundraising Activities - other 9d Investment income Dividends and Interest 9e Other income Insurance claim Total income	Unrestricted Restricted Total Funds Funds Funds 2022 2022 2022 £ £ £ Restated Restated Restated 121,420 5,212 126,632 12,565 - 12,565 5,798 - 5,798 594 1,457 2,051 - - - - 3,143 3,143 - 13,480 13,480 - 1,650 1,650 - 822 822 1,178 175 1,353 - 19,226 19,226 - - - 30,910 4,877 35,787
	172,465 50,042 222,507
	3,570 - 3,570 108 531 639 - 1,720 1,720 468 - 468 1,783 - 1,783 1,706 - 1,706
	7,635 2,251 9,886
	11,004 - 11,004 - 2,241 2,241 - 469 469 144 - 144 7,000 - 7,000
	18,148 2,710 20,858
	9,865 198 10,063
	- - -
	208,113 55,201 263,314

11

PCC St Mary with Holy Trinity Ulverston Notes to the Accounts

for the year ended 31 December 2023

			**Unrestricted **	Restricted	Total
			Funds	Funds	Funds
		Notes	2023	2023	2023
10	Expenditure (current year )		£	£	£
**10a **	Missionary and charitable giving
	Home Mission and Secular	12a	5,076	-	5,076
	Overseas Mission and Relief	12b	11,187	-	11,187
	Total from PCC's own funds	12	16,263	-	16,263
	Special Collections	13	-	3,568	3,568
	Wedding and Funeral Collections	14	-	4,574	4,574
			16,263	8,142	24,405
**10b **	Church activities
	Ministry: Parish Offering	see footnote	107,500	-	107,500
	Ministry: Working Expenses		335	-	335
	Church Buildings: Heat, Light and Water		26,911	-	26,911
	Church Buildings: Insurance		9,470	-	9,470
	Church Repairs and Equipment		3,992	4,137	8,129
	Restoration Mission costs		-	8,942	8,942
	Parish House Running costs		-	-	-
	Churchyards		438	-	438
	Deanery		498	-	498
	Youth & Junior Church		-	9,855	9,855
	Mother & Toddler Group and Holiday Club		-	2,263	2,263
	Worship, Organist, Choir		8,447	55	8,502
	Discipleship and Nurture - CAP Debt Centre		1,650	-	1,650
	Discipleship and Nurture including Parish Fellowship		2,485	583	3,068
	Mission and Outreach including Coffee & Chat		1,940	43	1,983
	Miscellaneous		383	-	383
	Depreciation of Assets for Charitable Purposes		3,097	-	3,097
	Governance & administration	11	29,393	-	29,393
			196,539	25,878	222,417
**10c **	Costs of generating funds
	Parish centre running costs		12,111	-	12,111
	Parish centre windows		-	-	-
	Fundraising - Restoration Mission		-	689	689
	Fundraising and trading costs of goods sold		-	-	-
			12,111	689	12,800
**10d **	Costs of investment income		-	-	-
	Total expenditure		224,913	34,709	259,622

Ministry: Parish Offering

For the year ended 31 December 2023 a transfer of £10,981 was made from the Eden Tree Investment dividend income to the general fund as a contribution towards costs included within the Parish Offering that related to Children and Youth activities.

12

PCC St Mary with Holy Trinity Ulverston Notes to the Accounts

for the year ended 31 December 2023

			**Unrestricted **	Restricted	Total
			Funds	Funds	Funds
		Notes	2022	2022	2022
10	Expenditure (prior year )		£	£	£
			Restated	Restated	Restated
**10a **	Missionary and charitable giving
	Home Mission and Secular	12a	6,256	-	6,256
	Overseas Mission and Relief	12b	10,284	-	10,284
	Total from PCC's own funds	12	16,540	-	16,540
	Special Collections	13	-	3,272	3,272
	Wedding and Funeral Collections	14	-	1,457	1,457
			16,540	4,729	21,269
**10b **	Church activities
	Ministry: Parish Offering	see footnote	96,267	-	96,267
	Ministry: Working Expenses		988	-	988
	Church Buildings: Heat, Light and Water		23,419	-	23,419
	Church Buildings: Insurance		8,817	-	8,817
	Church Repairs and Equipment		3,299	4,572	7,871
	Restoration Mission costs		-	113,089	113,089
	Parish House Running costs		-	-	-
	Churchyards		432	-	432
	Deanery		498	-	498
	Youth & Junior Church		4,568	-	4,568
	Mother & Toddler Group and Holiday Club		557	-	557
	Worship, Organist, Choir		7,640	-	7,640
	Discipleship and Nurture - CAP Debt Centre		1,800	-	1,800
	Discipleship and Nurture including Parish Fellowship		792	425	1,217
	Mission and Outreach including Coffee & Chat		2,490	351	2,841
	Miscellaneous		629	175	804
	Depreciation of Assets for Charitable Purposes		3,098	-	3,098
	Governance & administration	11	28,293	-	28,293
			183,587	118,612	302,199
**10c **	Costs of generating funds
	Parish centre running costs		11,530	-	11,530
	Parish centre windows		-	-	-
	Fundraising - Restoration Mission		-	328	328
	Fundraising and trading costs of goods sold		-	-	-
			11,530	328	11,858
**10d **	Costs of investment income		-	-	-
	Total expenditure		211,657	123,669	335,326

Ministry: Parish Offering

For the year ended 31 December 2022 £Nil of the Parish Offering has been financed from the Youth budget in respect of the following: - Deanery Children & Families Minister contribution - Deanery Youth Minister contribution -

13

PCC St Mary with Holy Trinity Ulverston Notes to the Accounts for the year ended 31 December 2023

11 Governance & administration costs (current year ) Legal and professional fees Independent Examiner's fees Accountancy, Payroll & Other services Total fees payable to the Independent Examiner Quinquennial Report fees Other legal and professional fees Premises costs Office overheads and repairs Management and administration costs Salaries & NI - Administrative Staff General Administration expenses Total governance and administration costs Governance & administration costs (previous year ) Legal and professional fees Independent Examiner's fees Accountancy, Payroll & Other services Total fees payable to the Independent Examiner Quinquennial Report fees Other legal and professional fees Premises costs Office overheads and repairs Management and administration costs Salaries & NI - Administrative Staff General Administration expenses Total governance and administration costs	Unrestricted Restricted Total Funds Funds Funds 2023 2023 2023 £ £ £ 1,450 - 1,450 3,326 - 3,326
	4,776 - 4,776 - - - 1,195 - 1,195
	5,971 - 5,971
	1,843 - 1,843
	1,843 - 1,843
	11,764 - 11,764 9,815 - 9,815
	21,579 - 21,579
	29,393 - 29,393
	Unrestricted Restricted Total Funds Funds Funds 2022 2022 2022 £ £ £ Restated Restated Restated 1,450 - 1,450 3,099 - 3,099
	4,549 - 4,549 2,238 - 2,238 810 - 810
	7,597 - 7,597
	2,409 - 2,409
	2,409 - 2,409
	9,932 - 9,932 8,355 - 8,355
	18,287 - 18,287
	28,293 - 28,293

14

PCC St Mary with Holy Trinity Ulverston Notes to the Accounts for the year ended 31 December 2023

12 Charitable Giving from the PCC's own funds 12a Home Mission and Secular Alpha course Church Walk School C.P.A.S. Hannah Wallace - support for ministry training Mark & Sarah Callaghan "Jesters for Jesus" Scripture Union St Mary's Hospice Lexi Brockbank - Scripture Union, Isle of Man Fusion UK The Church Army Charlie Day - support 12b Overseas Mission and Relief Barnabas Fund Bethesda Burundi Church Missionary Society Jigsaw Kids Ministries Miss B Barker Open Doors Tear Fund James Tyson Stephen and Katie Pointing Lessgiving from restricted funds Total Charitable Giving from PCC's own funds	2023 2022 £ £ Restated - 340 876 876 816 816 - 720 888 888 696 696 360 360 - - - 120 576 576 864 864
	5,076 6,256
	2023 2022 £ £ Restated 588 588 924 924 2,604 2,604 1,515 1,476 2,760 2,760 504 504 924 924 504 504 864 -
	11,187 10,284
	- -
	16,263 16,540

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PCC St Mary with Holy Trinity Ulverston Notes to the Accounts for the year ended 31 December 2023

13 Charitable Giving from Special Collections Bishops Harvest Appeal Carlisle Diocesan Carlisle Diocesan Growth Fund - Madi's Institution Christingle Service Collection - Children's Society Christmas Appeal - Mind Jigsaw Shelter Shelter Box Royal British Legion Poppy Appeal Princes Trust Coronation Day World Vision Other From incoming resources: Special Collections Gift Aid Tax Recovered 14 Charitable Giving from Wedding and Funeral Collections Barnardos British Heart Foundation Duddon and Furness Mountain Rescue Team North West Air Ambulance Royal National Lifeboat Institution St Mary's Hospice Bay Hospital Charity The Fire Fighters Charity Lookin Good, Feelin Great Wasdale Mountain Rescue Team Other From incoming resources: Wedding and funeral collections Gift Aid Tax Recovered	2023 2022 £ £ Restated 513 774 - 323 561 561 - - - - 609 569 609 569 846 411 62 - - 65 368 -
	3,568 3,272
	3,501 3,143 67 129
	3,568 3,272
	2023 2022 £ £ Restated 55 55 372 - - 111 - 111 - 612 1,140 457 410 - 1,385 - 771 - - 111 441 -
	4,574 1,457
	4,574 1,457 - -
	4,574 1,457

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PCC St Mary with Holy Trinity Ulverston Notes re Quinquennial Inspections for the year ended 31 December 2023

	Budget Costs
	£
The quinquennial inspection of the Parish Church was held in May 2022
Works requiring urgent attention
Remove all plant growth from the flat valley gutter.	100
Works recommended to be carried out within 12 months of report
Replace all external rainwater goods including the vertical pipe through the ringing chamber.	100,000
Repairs to the tower masonry.	300,000
Repairs to the south aisle masonry.	150,000
Repairs to the south porch masonry.	15,000
Check stability of belfry louvres.	2,000
Re-plaster the walls in the ringing chamber.	6,000
Replace all internal wall finishes at the base of the tower.	12,000
Trial removal of hard cement pointing to the Norman archway in the south porch.	500
Re-dressing of stones to the west window of the south porch and local re-pointing, combined with	2,000
external repairs to gutter lining and masonry (to prevent concentrated water ingress).
Check all fixings to wall tablets inside the church and allow for introducing additional brackets to	4,000
some.
Rebuild the west boundary wall in two locations.	4,000
The quinquennial inspection of St John's Church was held in May 2022
Works requiring urgent attention
Repair leaking gutter on north side of nave between windowsnIVandnV.	100
Repair the leaking cast-iron eaves gutter on the south side of the nave above windowsVII.	300
Repair leaking uPVC gutter on the east side of the chancel.	100
Works recommended to be carried out within 12 months of report
Re-fix area of loose slates at the east verge of the nave north slope and investigate condition of
underlying structure. Inspect the stability of the stone cross. Lift and re-bed ridge as necessary.	800
Structural engineer’s investigations and feasibility study for temporary shoring, buttressing and if
necessary, rebuilding of the south elevation of the nave. NOTE No allowance made for the cost of the
work which will be subject to the findings and advice of the structural engineer.	1,500

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