**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
**Less**giving 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**| 15 **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| 16 **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| 17