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Registered Charity No 1130239
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_(Part of the Ouzel Valley Team Ministry – Diocese of St Albans)_ ## ANNUAL FINANCIAL REPORT ## AND STATEMENTS **OF THE** **LINSLADE PAROCHIAL CHURCH COUNCIL** **FOR THE YEAR ENDED** **31 DECEMBER 2023** ## **TEAM VICAR** ## _**The Reverend Dr Bernard Minton**_ The Vicarage Vicarage Road LINSLADE Beds. LU7 2LP **INDEPENDENT EXAMINER David Thompson** **PCC TREASURER Vernon Smith** St Barnabas’ Accounts 2023 Page 1 of 12 ## **INDEPENDENT EXAMINER’S REPORT TO THE PCC OF ST. BARNABAS’ CHURCH LINSLADE** ## **Introduction** This report on the financial statements of the PCC for the year ended 31st December 2023, which are set out on pages 2 – 12, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (“the Regulations”) and Section 145 of the Charities Act 2011 (“the Act”). ## **Respective responsibilities of the PCC and the examiner** As members of the PCC you are responsible for the preparation of the financial statements. You consider that the audit requirement of the Regulations and section 144(2) of the Act does not apply. It is my responsibility to issue this report on those financial statements in accordance with the terms of the Regulations. ## **Basis of this report** My examination was carried out in accordance with the General Directions given by the Charity Commission under section 145(5)(b) of the Act and to be found in the _Church Guidance_ , 2006 edition, issued by the Finance Division of the Archbishops’ Council. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. ## **Independent Examiner’s statement** In connection with my examination, no matter has come to my attention: - 1) Which gives me reasonable cause to believe that in any material respect the requirements - to keep accounting records in accordance with section 130 of the Act; and - to prepare financial statements, which accord with the accounting records and comply with the requirements of the Act and the Regulations have not been met; or - 2) To which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. **DAVID THOMPSON Chartered Accountant** Signed: 30 High Street Leighton Buzzard Date: Beds. LU7 1EA St Barnabas’ Accounts 2023 Page 2 of 12 ## **Linslade PCC – St Barnabas’** ## _**Registered Charity - 1130239**_ ## **Statement of Financial Activities (SOFA)** ## **01 January 2023 to 31 December 2023** ||**Unrestricted**|**Designated**|**Restricted**|**Endowment**|**Endowment**||| |---|---|---|---|---|---|---|---| ||**funds**
|**funds**|**funds**|**funds**|**2023**
|**2022**|| |**_Income and endowments from:_**|||||||| |Donations and legacies|61,599.29|4,767.50|0.00|0.00|66,366.79|74,320.20|| |Income from charitable activities|4,237.00|0.00|942.29|0.00|5,179.29|7,641.98|| |Other trading activities|36,986.20|0.00|119.00|0.00|37,105.20|34,726.58|| |Investments|521.91|3,899.53|4,179.97|1,400.78|10,002.19|3,826.17|| |Other income|16,376.15|1,451.75|612.20|0.00|18,440.10|19,846.46|| |**Total income**|**119,720.55**|**10,118.78**|**5,853.46**|**1,400.78**|**137,093.57**|**140,361.39**|| |**_Expenditure on:_**|||||||| |Costs of generating funds|||||||| |Costs of generating voluntary income|7,291.66|3,323.21|528.98|0.00|11,143.85|11,392.36|| |Expenditure on charitable activities|101,055.13|8,730.91|2,759.37|0.00|112,545.41|101,785.19|| |Other expenditure|7,665.86|0.00|91.00|0.00|7,756.86|8,000.31|| |**Total expenditure**|**116,012.65**|**12,054.12**|**3,379.35**|**0.00**|**131,446.12**|**121,177.86**|| |Gains / losses on investment assets|0.00|0.00|0.00|4,441.96|4,441.96|(6,213.40)|| |**Net income / (expenditure) resources before transfer**|**3,707.90**|**(1,935.34)**|**2,474.11**|**5,842.74**|**10,089.41**|**12,970.13**|| ||||||||| |**_Transfers_**|||||||| |Gross transfers between funds - in|1,024.08|0.00|1,400.78|0.00|2,424.86|2,384.60|| |Gross transfers between funds - out|0.00|0.00|(1,024.08)|(1,400.78)|(2,424.86)|(2,384.60)|| |**_Other recognized gains / losses_**|||||||| |**Net movement in funds**|**4,731.98**|**(1,935.34)**|**2,850.81**|**4,441.96**|**10,089.41**|**12,970.13**|| |**_Reconciliation of funds_**|||||||| |**Total funds brought forward**|**63,978.82**|**99,575.29**|**93,245.64**|**46,804.25**|**303,604.00**|**290,633.87**|| |**Total funds carried forward**|**68,710.80**|**97,639.95**|**96,096.45**|**51,246.21**|**313,693.41**|**303,604.00**|| Page 3 of 12 St Barnabas’ Accounts 2023 _**Registered Charity 130239**_ ## **Linslade PCC – St Barnabas’** ## **Balance Sheet as of 31 December 2023** ||**2023**
**2022**| |---|---| |**Fixed assets**
D001: Investments**_[Note A]_**
51,246.21
46,804.25
D002: Equipment Owned
0.00
0.00
**Total Fixed assets**
**51,246.21**
**46,804.25**
**Current assets**
Z05: Accounts Receivable**_[Note B]_**
3,298.86
3,820.68
ZZZ011: Linslade Community Hall a/c
96.94
96.02
ZZZ11: Barclays current a/c
64,652.13
68,992.32
ZZZ12: CBFIF (CCLA) deposit fund
196,016.41
187,415.92
**Total Current assets**
**264,064.34**
**260,324.94**
**Liabilities**
Z04: Accounts Payable**_[Note C]_ **
1,617.14
3,525.19
ZZZ200: Current liabilities
0.00
0.00
**Total Liabilities**
**1,617.14**
**3,525.19**
**Net Asset surplus (deficit)**
**313,693.41**
**303,604.00**
**Represented by Funds**
Unrestricted
68,710.80
63,978.82
Designated
97,639.95
99,575.29
Restricted
96,096.45
93,245.64
Endowment
51,246.21
46,804.25
**Total**
**313,693.41**
**303,604.00**|| Page 4 of 12 St Barnabas’ Accounts 2023 **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023** ## **1. ACCOUNTING POLICIES** The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 and under section 145 of the Charities Act 2011, and follow the accounting and reporting by Charities Statement of Recommended Practice applicable (Charities SORP) and in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) 2015. The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members. ## **Funds** _**Endowment funds**_ are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established. _**Restricted funds**_ represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. _**Designated funds**_ are part of general funds which are designated for specific purposes, although this can be changed for PCC ordinary purposes. _**Unrestricted funds**_ are general funds which can be used for PCC ordinary purposes. ## **Incoming resources** Planned giving, collections and donations are recognized only when received. Tax refunds are recognized when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable, interest is accrued. All other income is recognized when it is receivable. All incoming resources are accounted for gross. St Barnabas’ Accounts 2023 Page 5 of 12 ## **Resources expended** Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognized when it is incurred for gross. ## **Fixed assets** Consecrated property is not included in the accounts in accordance with section 10(2)(c) of the Charities Act 2011. Movable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church’s inventory, which can be inspected (at any reasonable time). No equipment assets are currently held by the PCC which require depreciation. _**Investments**_ are valued at market value as at 31 December 2023. ## **2. INVESTMENTS** ## **Endowment funds** Held by the Central Board of Finance of the Church of England. ||**£**| |---|---| |**Lawford bequest** (upkeep of Lawford Memorial Chapel)|**6,261.67**| |**Hadley bequest** (care and upkeep of St. Barnabas’ clock)|**700.76**| |**Biley bequest** (upkeep of St. Mary’s churchyard)|**10,421.04**| |**Gamble bequest** (upkeep of St. Mary’s churchyard and specific graves)|**5,040.98**| |**Merry bequest** (upkeep of St. Mary’s churchyard and specific graves)|**7,369.33**| |**Oakley bequest** (upkeep of St. Mary’s churchyard and specific grave)|**7,979.67**| |**Roberts bequest** (upkeep of St. Mary’s churchyard and specific graves)|**1,175.48**| |**Vickers bequest** (upkeep of St. Mary’s churchyard and specific graves)|**12,297.28**| ||___________| |**Endowment Investment values at 31 December 2023**|**51,264.21**| St Barnabas’ Accounts 2023 Page 6 of 12 ## **3. ANALYSIS OF NET ASSETS BY FUND** ||**Unrestricted**|**Designated**|**Restricted**|**Endowment**|**2023**|2022| |---|---|---|---|---|---|---| |**Fixed Assets**
**(Investments)**||||**51,246.21**|**51,246.21**|46,804.25| |**Current**
**Assets**|**70,327.94**|**97,639.95**|**96,096.45**||**264,064.34**|260,324.94| |**Liabilities &**
**Acc Payable**|**(1,617.14)**||||**(1,617.14)**|(3,525.19)| |**TOTAL NET**
**ASSETS**|**68,710.80**|**97,639.95**|**96,096.45**|**51,246.21**|**313,693.41**|303,604.00| ## **4. CURRENT LIABILITIES** |Creditors

**TOTAL LIABILITIES**|**2023**
**2022**
**(1,617.14)**
(3,529.19)| |---|---| ||**(1,617.14)**
(3,529.19)| ## **5. DESCRIPTION OF FUNDS** ## **General fund:** **General Fund** – For Ordinary purposes for PCC Income and expenditure, covers St Barnabas, St Mary’s and Linslade Community Hall day to day Income and costs. ## **Designated funds:** **Church –** designated money for future ongoing upkeep Maintenance and Repairs to St Barnabas & St Mary’s Churches **Hall -** designated money for future ongoing upkeep Maintenance and Repairs of Linslade Community Hall **Teach –** designated money for Youth Worker and Christian teaching within the Church **Outreach** – mission giving both at home and overseas, money raised from Outreach fundraising and matched by PCC funds **Choir** – for the provision of music, robes and other requirements St Barnabas’ Accounts 2023 Page 7 of 12 **Restricted funds:** **Bells** – maintenance of the Bells and Belfry **Biley St. Mary’s** – maintenance of the fabric of St. Mary’s church. **Chapel** - upkeep of Lawford Memorial Chapel, Interest from Lawford Endowment. **Clock fund -** upkeep and maintenance of St. Barnabas’ tower clock, Interest from Hadley Endowment. **Dorothy Hall** bequest – for the use of St. Mary’s church, and formerly St Barnabas, ( _Note £30000 of remaining fund has now been allocated by Dorothy Halls Executor for St Barnabas, as would be in keeping with her wishes, as per letter received by PCC)._ **Friends of St. Mary’s** – upkeep and maintenance of St. Mary’s church and churchyard. **Special projects** – other worthy causes identified as of need, smaller bequests/donations for one off items. **St Mary’s Churchyard** - upkeep and maintenance of St. Mary’s churchyard, Endowment Interest from the St Mary’s Endowments. ## **Endowment funds** **Lawford** bequest - upkeep of Lawford Memorial Chapel. **Hadley** bequest - care and upkeep of St. Barnabas’ Clock. **Biley** bequest - upkeep of St. Mary’s churchyard. **Gamble** bequest - upkeep of St. Mary’s churchyard and specific graves. **Merry** bequest - upkeep of St. Mary’s churchyard and specific graves. **Oakley** bequest - upkeep of St. Mary’s churchyard and specific grave. **Roberts** bequest - upkeep of St. Mary’s churchyard and specific grave. **Vickers** bequest - upkeep of St. Mary’s churchyard and specific grave. Note, The Interest from the Endowment funds was transferred to respective Restricted funds (Chapel, Clock and St Mary’s Churchyard) at year end. ## **Endowment Interest for 2023 by Fund, allocated to respective restricted funds, amounts transferred at year end:** ||**£**| |---|---| |**Lawford**– Chapel Fund|**171.17**| |**Hadley**– Clock Fund|**19.16**| |**Biley**– St Mary’s Churchyard|**284.85**| |**Gamble**– St Mary’s Churchyard|**137.78**| |**Merry**– St Mary’s Churchyard|**201.43**| |**Oakley**– St Mary’s Churchyard|**218.12**| |**Roberts**– St Mary’s Churchyard|**32.14**| |**Vickers**– St Mary’s Churchyard|**336.13**| |**Total**|**1400.78**| St Barnabas’ Accounts 2023 Page 8 of 12 ## **Linslade PCC- St Barnabas’** _**Registered Charity 1130239**_ ## **Analysis of Income and Expenditure 01 January 2023 to 31 December 2023** ||||||**Total**|**Total**| |---|---|---|---|---|---|---| |**Unrestricted**||**Designated**|**Restricted**|**Endowment**|**2023**|**2022**| |**Income and endowments**||||||| |**_Donations and legacies_**||||||| |ZZZ103 - Planned giving**_[Note D]_**|54,503.52|0.00|0.00|0.00|54,503.52|59,828.90| |ZZZ104 - Collections St. B|2,901.68|0.00|0.00|0.00|2,901.68|2,689.71| |ZZZ105 – Donations**_[Note E]_**|2,825.59|4,120.00|0.00|0.00|6,945.59|10,436.24| |ZZZ106 - Gift aided giving|610.50|0.00|0.00|0.00|610.50|648.00| |ZZZ112 - Charitable donations|377.00|647.50|0.00|0.00|1,024.50|495.00| |ZZZ116 - Don. - Church costs|214.00|0.00|0.00|0.00|214.00|193.85| |ZZZ126 - Collections St. Mary|167.00|0.00|0.00|0.00|167.00|28.50| |**_Donations and legacies Totals_**|**61,599.29**|**4,767.50**|**0.00**|**0.00**|**66,366.79**|**74,320.20**| |**_Income from charitable activities_**||||||| |ZZZ118 - Fees St. Barnabas|2,040.00|0.00|0.00|0.00|2,040.00|2,811.00| |ZZZ119 - Fees St. Mary's|1,775.00|0.00|0.00|0.00|1,775.00|2,882.00| |ZZZ122 - Messy Church & Toddler Gps|422.00|0.00|0.00|0.00|422.00|612.00| |ZZZ127 - Friends - St. Mary's|0.00|0.00|942.29|0.00|942.29|1,336.98| |**_Income from charitable activities_**|**4,237.00**|**0.00**|**942.29**|**0.00**|**5,179.29**|**7,641.98**| |**_Totals_**||||||| |**_Other trading activities_**||||||| |ZZZ117 - Fund raising|1,023.81|0.00|119.00|0.00|1,142.81|4,680.26| |ZZZ120 - Fetes & bazaars|6,889.55|0.00|0.00|0.00|6,889.55|5,870.53| |ZZZ121 - Hall income|23,851.74|0.00|0.00|0.00|23,851.74|20,134.79| |ZZZ131 - Magazine income|746.60|0.00|0.00|0.00|746.60|858.50| |ZZZ136 - St Barnabas (Use of Church)|4,199.50|0.00|0.00|0.00|4,199.50|3,182.50| |ZZZ137 - St Mary's (Use of Church)|275.00|0.00|0.00|0.00|275.00|0.00| |**_Other trading activities Totals_**|**36,986.20**|**0.00**|**119.00**|**0.00**|**37,105.20**|**34,726.58**| |**_Investments_**||||||| |ZZZ108 - Interest on deposits|521.91|3,899.53|4,179.97|0.00|8,601.41|2,433.09| |ZZZ109 - Endowment interest|0.00|0.00|0.00|1,400.78|1,400.78|1,393.08| |**_Investments Totals_**|**521.91**|**3,899.53**|**4,179.97**|**1,400.78**|**10,002.19**|**3,826.17**| |**_Other income_**||||||| |ZZZ110 - Tax recoverable**_[Note F]_**|14,612.42|1,396.75|414.20|0.00|16,423.37|17,289.81| |ZZZ123 - Choir income|0.00|55.00|0.00|0.00|55.00|0.00| |ZZZ124 - PCC Bells|160.00|0.00|0.00|0.00|160.00|802.33| |ZZZ135 - Bells Restricted Account|0.00|0.00|198.00|0.00|198.00|260.00| |ZZZ138 - Renewable Energy (Solar)|1,603.73|0.00|0.00|0.00|1,603.73|1,494.32| |**_Other income Totals_**|**16,376.15**|**1,451.75**|**612.20**|**0.00**|**18,440.10**|**19,846.46**| |**Income and endowments**|**119,720.55**|**10,118.78**|**5,853.46**|**1,400.78**|**137,093.57 **|**140,361.39**| |**Grand totals**||||||| **Unrestricted Designated Restricted Endowment** Page 9 of 12 St Barnabas’ Accounts 2023 **Total Designated Restricted Endowment 2023 2022** **Unrestricted** ## **Expenditure** |**Expenditure**|||||||| |---|---|---|---|---|---|---|---| |**_Costs of generating funds_**|||||||| |ZZZ204 - Fetes & bazaars||692.18|0.00|0.00|0.00|692.18|121.50| |ZZZ205 - St. Mary's expenses||0.00|408.00|381.44|0.00|789.44|2,122.89| |ZZZ206 - Hall expenses||5,420.99|2,009.90|0.00|0.00|7,430.89|6,387.03| |ZZZ227 - Fundraising||0.00|0.00|0.00|0.00|0.00|1,915.38| |ZZZ235 - St B Expenses||1,178.49|905.31|147.54|0.00|2,231.34|845.56| |**_Costs of generating funds Totals_**||**7,291.66**|**3,323.21**|**528.98**|**0.00**|**11,143.85**|**11,392.36**| |**_Expenditure on charitable activities_**|||||||| |ZZZ201 - Altar Requisites||1,055.24|0.00|0.00|0.00|1,055.24|1,164.31| |ZZZ208 - Magazine expenses||1,458.00|0.00|0.00|0.00|1,458.00|1,210.00| |ZZZ210 - Organist' s fees|**_[Note G]_**|5,004.00|0.00|0.00|0.00|5,004.00|5,274.00| |ZZZ212 - Parish share
|**_[Note H]_**|66,881.00|0.00|0.00|0.00|66,881.00|65,979.00| |ZZZ213 - Parish activities||195.90|0.00|254.40|0.00|450.30|0.00| |ZZZ214 - St. B. repairs|**_[Note J]_**|19.48|2,469.18|2,167.20|0.00|4,655.86|5,551.42| |ZZZ215 - St. M. repairs|**_[Note J]_**|0.00|2,110.74|0.00|0.00|2,110.74|905.00| |ZZZ217 - Charitable giving|**_[Note K]_**|2,477.00|700.00|0.00|0.00|3,177.00|2,500.00| |ZZZ220 - PCC Bells||160.00|0.00|0.00|0.00|160.00|936.40| |ZZZ222 - Verger's fees||0.00|0.00|0.00|0.00|0.00|36.00| |ZZZ224 - Friends of St. M exp||0.00|0.00|337.77|0.00|337.77|394.81| |ZZZ225 - Choir own exp.||0.00|127.00|0.00|0.00|127.00|110.00| |ZZZ233 - Ouzel Valley Team|**_[Note L]_**|4,200.00|0.00|0.00|0.00|4,200.00|4,200.00| |ZZZ234 - Hall repairs||0.00|3,323.99|0.00|0.00|3,323.99|579.60| |ZZZ236 - Utilities Office Cottage||1,845.03|0.00|0.00|0.00|1,845.03|1,394.93| |ZZZ237 - Utilities St B|**_[Note M]_**|11,121.31|0.00|0.00|0.00|11,121.31|7,539.99| |ZZZ238 - Utilities Hall|**_[Note M]_**|6,064.63|0.00|0.00|0.00|6,064.63|3,563.62| |ZZZ239 - Utilities St M||573.54|0.00|0.00|0.00|573.54|446.11| |**_Expenditure on charitable_**||**101,055.13**|**8,730.91**|**2,759.37**|**0.00**|**112,545.41**|**101,785.19**| |**_activities Totals_**|||||||| |**_Other expenditure_**|||||||| |ZZZ209 - Office / Admin expenses||891.49|0.00|0.00|0.00|891.49|1,508.79| |ZZZ230 - Insurance St B||4,056.30|0.00|0.00|0.00|4,056.30|4,032.37| |ZZZ231 - Insurance St Marys||1,293.48|0.00|0.00|0.00|1,293.48|1,024.08| |ZZZ232 - Insurance Hall||1,424.59|0.00|0.00|0.00|1,424.59|1,344.07| |ZZZ240 - Bells Expenses||0.00|0.00|91.00|0.00|91.00|91.00| |**_Other expenditure Totals_**||**7,665.86**|**0.00**|**91.00**|**0.00**|**7,756.86**|**8,000.31**| |**Expenditure Grand totals**|**116,012.65**||**12,054.12**|**3,379.35**|**0.00**|**131,446.12 **|**121,177.86**| Page 10 of 12 St Barnabas’ Accounts 2023 _**Registered Charity - 1130239**_ ## **Linslade PCC – St Barnabas’** ## **Fund Movement Summary** ## **01 January 2023 to 31 December 2023** ||**Fund**
**Fund balances**
**Incoming**
**Outgoing**
**Transfers**
**Gains and** **Fund balances**
**Brought forward**
**Resources**
**Resources**
**Losses**
**Carried**
**On Investments**
**forward**
1,024.08
63,978.82
**1,024.08**
**63,978.82**
0.00
68,051.91
0.00
7,715.54
0.00
19,141.63
0.00
3,895.37
0.00
770.84
**0.00**
**99,575.29**
(1,024.08)
9,981.18
0.00
3,313.49
0.00
3,016.32
0.00
56,119.06
0.00
14,279.94
1,210.45
5,851.65
171.17
592.97
19.16
91.03
**376.70**
**93,245.64**
(284.85)
9,517.76
(19.16)
640.02
(171.17)
5,718.91
(32.14)
1,073.59
(201.43)
6,730.56
(137.78)
4,604.04
(218.12)
7,288.00
(336.13)
11,231.37
**(1,400.78)**
**46,804.25**
**0.00**
**Unrestricted**
General - General fund
119,720.55
116,012.65
0.00
68,710.80
**Sub-totals**
**119,720.55**
**116,012.65**
**0.00**
**68,710.80**
**Designated**
Church – Maint & Repair fund StB & StM
8,206.54
6,790.61
0.00
69,467.84
Teach - Youth, Mission & Teaching
354.06
0.00
0.00
8,069.60
Hall - Linslade Community Hall fund
529.66
4,436.51
0.00
15,234.78
Choir - Choir Fund
228.96
127.00
0.00
3,997.33
Outreach - Charitable donations
799.56
700.00
0.00
870.40
**Sub-totals**
**10,118.78**
**12,054.12**
**0.00**
**97,639.95**
**Restricted**
Friends - Friends of St. Mary's
1,482.67
371.10
0.00
10,068.67
Bells - Bells Fund
384.48
91.00
0.00
3,606.97
S.proj - Special projects
250.08
401.94
0.00
2,864.46
Dhall - Dorothy Hall bequest
2,782.66
2,167.20
0.00
56,734.52
Biley-M - Biley St. Mary's fund
655.31
0.00
0.00
14,935.25
Stmchyd - StM Churchyard(End Int)
266.02
348.11
0.00
6,980.01
Chapel - Lady Chapel(Lawford End)
27.97
0.00
0.00
792.11
Clock - Clock Fund (Hadley End)
4.27
0.00
0.00
114.46
**Sub-totals**
**5,853.46**
**3,379.35**
**0.00**
**96,096.45**
**Endowment**
Biley - St. Mary's church
284.85
0.00
903.28
10,421.04
Hadley - Clock fund - Hadley
19.16
0.00
60.74
700.76
Lawford - Chapel fund - Lawford
171.17
0.00
542.76
6,261.67
Roberts - St. Mary's fund - Roberts
32.14
0.00
101.89
1,175.48
Merry - St. Mary's fund - Merry
201.43
0.00
638.77
7,369.33
Gamble - St. Mary's fund - Gamble
137.78
0.00
436.94
5,040.98
Oakley - St. Mary's fund - Oakley
218.12
0.00
691.67
7,979.67
Vickers - St. Mary's fund - Vickers
336.13
0.00
1,065.91
12,297.28
**Sub-totals**
**1,400.78**
**0.00**
**4,441.96**
**51,246.21**
**Totals**
**303,604.00**
**137,093.57**
**131,446.12**
**4,441.96** **313,693.41**| |---|---| St Barnabas’ Accounts 2023 Page 11 of 12 ## **6. SUMMARY OF FUND TRANSFERS** A Transfer of £1,024.28 from Friends of St Mary’s to General Funds for Payment of the St Mary’s Insurance for 2022/2023 Year ## **(For Endowment Interest transfers see Page 8)** ## **7. EXPLANATION NOTES TO THE ACCOUNTS FOR 2023** - [Note A] Endowment Investments - Endowment Fixed Asset values increased by 9% during 2023. - [Note B] Accounts Receivable – This is represented by Gift Aid Tax reclaim to the end of December 2023 of £3,298.86. _(Which has now been received)_ - [Note C] Accounts Payable – All utility bills for December remain outstanding to be paid, £1,617.14 has been calculated from the end of month bills. _(Which have now been paid)_ - [Note D] Planned Giving has reduced during the year due to loss of congregation members, and is around £5,000 lower than last year. - [Note E] Donations received for during year, from individuals & groups and the use of the car park. - [Note F] Tax recoverable through the year; Gift Aid claims including FWO and Small Donations & VAT total £16,423.37. - [Note G] Organist and Choirmaster fees and remuneration as agreed by the PCC Trustees. - [Note H] Parish Share paid in full £66,881 from the General Funds. - [Note J] Quinquennial Inspections for both St Barnabas & St Mary's Main works included repairs to Link Doors, new Door Closers, New Hall Cooker, Shed Roof repairs, refurbishment of Flower Room. - [Note K] Charitable donations £2477 from General Funds and £700 from Outreach Funds for our Charities, as part of matching Outreach donations. - [Note L] Clergy, Weddings and Funeral expenses managed by the Ouzel Valley Team Council. A fixed monthly charge of £350 to the OVTC covers these expenses. Fees due to Linslade PCC are paid - Organist and Verger fees are paid out direct by the OVTC, and are not included within these accounts. - [Note M] Utility costs (Gas & Electric) are still significantly higher than 2022 as shown in accounts. **Vernon Smith** Signed: **Linslade PCC Treasurer** Date: 21 February 2024 St Barnabas’ Accounts 2023 Page 12 of 12 **----- Start of picture text -----**
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_(Part of the Ouzel Valley Team Ministry – Diocese of St Albans)_ ## TRUSTEES ANNUAL REPORT **OF THE** **LINSLADE PAROCHIAL CHURCH COUNCIL** **FOR THE YEAR ENDED** **31 DECEMBER 2023** ## **TEAM VICAR** ## _**The Reverend Dr Bernard Minton**_ The Vicarage Vicarage Road LINSLADE Beds. LU7 2LP Linslade PCC Trustees Annual Report 2023 Page 1 of 7 ## **1. AIM AND PURPOSES** St Barnabas Church - Linslade Parochial Church Council (PCC) as elected trustees have the responsibility of cooperating with the incumbent, The Reverend Dr Bernard Minton, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of the Church of St Barnabas’ Linslade, the Church of St Mary’s, Old Linslade and the Linslade Community Hall. ## **2. OBJECTIVES AND ACTIVITIES** The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at St Barnabas. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament. When planning our activities for the year, the incumbent and the PCC have considered the Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through: - Worship and prayer; learning about the Gospel; and developing their knowledge and trust in Jesus. - Provision of pastoral care for people living in the parish. - Support to Missionary and outreach work. - Provision of Community hall for all to use. - To facilitate this work it is important that the fabric of St Barnabas and St Mary’s Churches, in addition to the Linslade Community Hall are maintained for future public benefit. ## **3. ACHIEVEMENTS AND PERFORMANCE** ## **Worship and Services** The PCC are keen to offer a range of services during the week and over the course of the year that our community find both beneficial and spiritually fulfilling. Every Sunday there are 2 Services of Holy Communion, one said Service at 8am and the main Parish Communion at 10am, Evening prayer provides a quiet, intimate and reflective environment for worship whilst opportunities are provided for other services during the week, with regular weekday communion services and both Morning and Evening Prayer. We have Family Worship on the morning of the 3rd Sunday each month at 10am, other services are regularly held to cater for the young children of the parish. Linslade PCC Trustees Annual Report 2023 Page 2 of 7 Baptisms are conducted as required and are usually held on last Sunday of each month, when members of the congregation and of the PCC are invited to welcome new people to the Church. As well as our regular services, we enable our community to celebrate and thank God at the milestones of the journey through life. Through baptism we thank God for the gift of life, in marriage public vows are exchanged with God’s blessing and through funeral services friends and family express their grief and give thanks for the life which is now complete in this world and to commend the person into God's keeping. Further enhancement of the online recording systems were made and will allow for future streaming of services, which includes Baptisms and Funerals as well. At present there are 110 parishioners on the Church Electoral Roll. ## **Deanery Synod** Currently 2 members of the PCC sit on the Deanery Synod. This provides the PCC with an important link between the parish and the wider structures of the church. ## **Pastoral Care** Normally Regular communion services are held at the local old people’s home Elm Lodge in Linslade each month, with regular volunteers to assist in this work. Some members of our parish are unable to attend church due to sickness or age. Both The Revd Dr Bernard Minton and Revd Wyn Jones and have visited those church members who have requested it, to celebrate communion with them either at their homes or in hospital, Other Lay readers and nominated members also assist with Pastoral care and assist with home communion services in homes and local care homes. We have a small team of volunteers to visit all who are sick or unable to get out for any other reason to keep them in touch with church life. The Community Hall provides a facility for the local community and is used every day of each week, with Keep fit classes, Dance groups, Dog Clubs, Children’s playgroups, and many other bookings. ## **Mission and Evangelism** Helping those in need is a demonstration of our faith. The Outreach committee is to be congratulated on their fund-raising efforts. The PCC has agreed to match this fundraising with at least an equal amount, to support our Mission Giving, and is reviewed by the PCC Trustees each year. In 2023 we continued supported the Leighton Linslade Homeless, Kids Out, and The Rukungiri Orphanage; it is good that these efforts on behalf of others can be combined with opportunities for fellowship together. Linslade PCC Trustees Annual Report 2023 Page 3 of 7 Our parish magazine is distributed monthly, and available to all parishioners. The magazine keeps our parishioners informed of the important matters affecting our Church and articles that help develop our knowledge and trust in Jesus. ## **Ecumenical Relationships** The Church is Part of the Ouzel Valley Team Ministry, which is formed by the Parishes of Leighton Buzzard, Linslade, Heath & Reach, Billington, Hockcliffe and Eggington, where regular joint services are held and Clergy regularly attend each other’s parishes to undertake services. The church is a member of Churches Together in Leighton Buzzard & Linslade, and supports the other Ecumenical Churches within the Towns parishes. Regular joint services are held throughout the year. ## **4. FINANCIAL REVIEW** Our Income, with some fundraising activities have reduced through the year, but have fared better than expected, although rising costs of energy are particularly difficult to fund. Our General Fund at year end was £68,710 compared to £63,947 in 2022. The Parish Share of £66,881 was paid in full, Our finances have recovered, but Income and Expenditure being about equal. Gift aided giving has allowed us to reclaim £16,423 from the Inland Revenue in the past year. ## **Reserves policy** It is PCC policy to try and maintain a balance on unrestricted funds, which equates to at least two months unrestricted payments, equivalent to £20,000 to cover emergency situations that may arise from time to time. The Financial Report and Statements or the year ending 31 December 2023 are appended with this report, and are available to view on the Charity Commission Website. https://register-of-charities.charitycommission.gov.uk/charity-search/-/charity-details/5003532 ## **5. VOLUNTEERS** The PCC would like to thank all the volunteers who work so hard to make our church the lively and vibrant community it is. In particular we want to mention our Churchwardens who have worked so tirelessly on our behalf, The Treasurer who keeps the church’s accounts and its finances in order, and all the other members of the PCC for their valuable contribution to our ministry and for keeping the church running, and for those looking after the Community Hall and Hall Bookings and also to our Friends of St Mary’s who help keep our other Church Linslade PCC Trustees Annual Report 2023 Page 4 of 7 in good order, along with the Churchyard, which enables us to open the Church on summer Sunday afternoons for all to enjoy the beautiful setting of this ancient church. ## **6. STRUCTURE, GOVERNANCE AND MANAGEMENT** The method of appointment of PCC members is set out in the Church Representation Rules. At St Barnabas the membership of the PCC consists of the Incumbent (our Team Vicar), Churchwardens, the Lay Readers and members elected by those members of the congregation who are on the electoral roll of the church. All those who attend our services / members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC. The PCC members are responsible 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 full PCC met six times during the year with an average level of attendance of over 80%, the Standing Committee also met 6 times this year, to discuss issues in advance of each of the PCC meetings. Given its wide responsibilities the PCC has a number of committees dealing with a particular aspect of parish life. These committees, which include worship, mission and outreach, stewardship, fundraising, are all responsible to the PCC and report back regularly to the full PCC and discussed as necessary. The PCC has adopted policies on safeguarding of vulnerable adults and children, domestic abuse, with Trustees required to complete several online certificated safeguarding courses. Compliance with GDPR regulations, and Reporting of serious incidents to the Charity Commission, which have been agreed by all Trustees and are all reviewed on an annual basis. All PCC trustees have been DBS Checked, along with other volunteers as and when this is required by the trustees and current regulations. ## **7. DECLARATIONS** ## **In Addition to the Accounts and Financial Statements as produced under the Charity Statement of Recommended Practice 2015 (Charity SORP), under the Financial Reporting Standard of Smaller Entities (FRSSE) the following declarations are made:** - 1) All Trustees elected to the PCC are volunteers and have not been paid any remuneration or have received any other benefits from the Charity. _**Note):** Except for Mr David Emerson, Position of Choirmaster, (Trustee), and Mrs Katherine Emerson Position of Church Organist (Spouse of Trustee) where Normal agreed RSCM Rates of remuneration have been agreed by the PCC Trustees. (The Charity Commission have been notified and responded “As a result of changes to the Parochial Church Councils (Powers) Measure 1956 the Commission’s authority is_ Linslade PCC Trustees Annual Report 2023 Page 5 of 7 _no longer required. The trustees must however comply with the requirements of the measures in respect of employing connected persons or trustees.”_ - 2) No Trustee expenses have been incurred, other than those for reimbursement towards payment of goods purchased for the use of the PCC. - 3) No staff are currently employed either full time or part time by the Charity. - 4) Examination of the Accounts has been carried out on a voluntary basis, for which no remuneration has been made, other than by small gift as gratitude for undertaking the examination. ## **8. ADMINISTRATIVE INFORMATION** ## **St Barnabas’ Church – Linslade PCC** In the Diocese of St Albans within the Church of England, (In the Deanery of Dunstable) Part of the Ouzel Valley Team Ministry. The correspondence address:St Barnabas’ Parish Office, Church Cottage, Waterloo Road, Linslade, Leighton Buzzard, Bedfordshire LU7 2NR. Website: www.stbarnabaslinslade.uk Email: linsladeparishoffice@gmail.com The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006) and a Charity registered with the Charity Commission Number 1130239 ## **9. LIST OF CURRENT TRUSTEES AND APPOINTMENT DATES** ## **PCC Members serving and elected during 2023 were as follows:** Ex Officio: Revd. Dr Bernard Minton Team Vicar Revd. Wyn Jones Assistant Priest Mr Ian Woodward Reader (co-opted) Mr Charles Amis Reader (co-opted) Mr Nick Butler Churchwarden Mr Michael Woodhouse Churchwarden Linslade PCC Trustees Annual Report 2023 Page 6 of 7 Elected members: Mrs Janet Miller Elected 2021 for 3 years Mr Vernon Smith Elected 2021 for 3 years Mrs Jenny Bewick Elected 2021 for 3 years Mrs Ann Tracey Elected 2022 for 3 years Mrs Pam Morris Elected 2022 for 3 years Mr John Tigg Elected 2022 for 2 years Mr Simon Soper Elected 2023 for 3 years & Deanery Synod Member Mr Winston Forde Elected 2023 for 3 years & Deanery Synod Member Mrs Carolyn Birch Elected 2023 for 2 years Mrs Barbara Appleyard Elected 2023 for 3 years Mr David Emerson Elected 2023 for 3 years Mrs Sarah Woodward Elected 2023 for 3 years This Report Approved by the Linslade PCC Trustees - February 2024 Signed: Linslade PCC Trustee and Charity Correspondent Mr Vernon Smith Date: 21[st] February 2024 Linslade PCC Trustees Annual Report 2023 Page 7 of 7