THE PAROCHIAL CHURCH COUNCIL OF THE ECCLE51ASTICAL PARISH OF DUNSTABLE FINANCIAL STATEMENTS For the year ended 31st December 2023 COMPRISINGYHEACCOUNTSOF: THE PCC CENTRAL FUNDS THE DISTRicf CHURCH COUNCIL5 OF- ST AUGusfiNE OF CANTERBURY FREMUNDTHE W4RTYR PRIORY CHURCH OF ST PETER Rector: The Revd Rachel Phllllps Parish Ofllce, ParÉsh Hall ChuTth aose Church Street Dunstable LU5 4RU Independent Examlner The Revd Alan A. Clements MA. ACIB. FCIE 15 Carfeton Road Great Knowfey Chorfey Lancs PR65TQ The Paro¢hlal Church Councll of the Ecclesiastical P•rlsh of Dunstable Reg15tered Charlty Commlsslon No. 1130250
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF DUNSTABLE FINANCIAL STATEMENTS For the year ended 31st December 2023 P4ge No. Contents Independent Examiner's Report Balance Sheet ststemeTrt of F¢nancial Artwities Cash Flow Staternent Notes to the Flnanclal Staternents Accounting Policies lTrcome ExpenditLtre staff Costs, Related Partles. Fund Transfers, Fixed Assets Investments (Endowment Funds) io Debtors and Prepaymènts Short Term Deposits Cash at Bank and in Hand li FuHd Oetails Unrestricted 12 Fund Details Rp5trirted Endowment Insurancé details 13 Connected Charity- The N3sh 8eque5t Fund Grants Receivable Grants donated directlyfrom church funds 14-18 Trusiees Report
Independent Examiner's unqualified report to the members of the P.C.C. of tbp Pgrixh nf V)•int#hlp. Charities no. l 131250 IDd¢pendeDt Exatlliner's Report on the FI¢]] Ststements for the year ending 31.. De¢eTnber 2023 as signed on behalf of the P.C.C. on pages two #nd nineteen of this Report. Respective r4sponsibilities of the P.C.C. and the examiner. The P.C.C. members a¢ting as the charity's trustees are responsible for the preparation of the accounts. The charity's tn7Stees consider that an audit is not required for the year under section 144 of the Charities Act 2011{the Charities Act) and that an independent examination is needed. It is my responsibility to= exAminp ihp affmiTnts qprtinn 145 nf the f.h2ritip. Ar.t to follow the procedures laid down in the geneTal Directions given by the Charity CommissRon (under section 14)(5)(b) of the Charities Act, and to state whether particular matters have come to my attention. Basis of the Independent Examiner's statement. My cxamination was carried out in accordance with th¢ general Directions given by the Charity Commi58ion and the guidance published in PCC AountablI1ty (The Charities Act 2011 and the P.C.C. 5 edition)- An examination includes a rcview of the accounting records kept by the charity and a comparison of the ac¢ounts presented with these records. It also includes consideration of any unusual items or disclosures in the accouuts, and seeking explanations from the trustees concerning such matters. Thc procedures undertaken do not provid¢ all the evid¢iice that would be required for an audit, and consequently no opinion is given as to whether the accounts present a 'tNe 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 examinatiotL no material matter has come lo my attention which gives me cause to believe that in. any material respect: accounting records were not kept in accordance with se¢tion 130 of the Charities ACL or the accounts do not accord to the accounting re¢ords. J hxve. rnmp ge.rnq4 nn m2tt&r8 in ennnertTnn with thp pY2min2tinn ta whir.h attpntinn fhniild be drawn in Order to enable a proper Undet0ding of the accounts is reached. Signed. Date I". March 2024. Name Revd. A. A. Clements. Fellow Association of Charity Independent Examiners. Address 15 Carleton Road. Great Knowley. Chorley PR6 8TQ AC.IF. pe.e. eri? Page I
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF DUNSTABLE BALANCE SHEEf AS AT 3tst DECEMBER 2023 Note Utttèttrfrted nds Herktqd nth TOTAL TOTAL fvnd5 FJXED ASSETS Ten¢ 323,190 323,lJ 40.085 363,275 325,715 37,233 362,948 40,085 40,085 323,190 CURRENT ASSE]S Stryk Debtors PTCP8)rnts 26,795 1,475 28271 22,565 Shcrtttrn)&poBits 50.705 114,478 165,182 178,598 CashatbARkand in bDnd io 26,779 108,194 142.414 162,183 104.279 224.148 7.440 335,867 363.346 LESS: LIABJLITtLs li 5,580 324 7,792 NET CURREf4T E73 98.699 223,824 7,440 329.963 355,S54 TOTAL NET ASSETS 421,889 223,824 47,525 693,238 718,502 DCC FUNDS 12141 421,889 421,889 447,534 Eiestri¢t¢d IZ Ibl 223.824 223A24 226.592 EttdOwe 47,525 47.525 44.376 TOTAL FUNDS 421.889 223.824 47,S25 693238 718,502 Approvcd by the Paro¢hiol Church Council ott Mollday 12th Februthry 2024 atLd S]ed on it5 bchalf by.. Th¢ Rcvd Rachel Phillips Rector Johll BTadleyF.C.CA TTWUr The notes on pages 4 to 13 forni part of tbese accounts Pa8e2
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF OUNSTABLE srATEMENT OF FINANCIALAcfiviTIES For the year ended 31rt Decernber 2023 Note Unr•51rlrtad TOTAL 2023 TOTAL 20 fund$ IJYCOME 146,782 62,380 io,ios 9,441 857 23,895 170,677 61,380 10,105 IS29 857 251.825 50,350 6,856 10,526 4,995 actiwti 21bl 21dl 4,892 996 TOTAL INCOIME 229,565 28,787 996 259,348 324,552 ChwclLaLi%ryts 252,709 869 2.905 350 30,631 283341 869 2,905 350 316,158 934 1.761 350 31bl 256.833 30,631 287A64 319.2U3 r4ET INcOlE1{XPEyD[TuRE) 127,2681 11,8441 996 128.1161 5.349 GAIN&1{LKSj ON ITrVESThfENTS TRANSFEILS BrnVEEN FUNDS 2.852 16991 15,398 1,624 19241 ET MOVKMENT174 blJNDS 125.6451 12.7691 3.150 12S,2641 1481 Tothl fuod5 blf at l 21)23 447,534 226,592 44,376 718.502 718,550 Totsl fvwtsrlft31 Dece]nber2I23 421,889 223,824 47J25 693.238 718,502 P4p3
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF DVNSTABLE CASH FLOW STATEMENT For the year ended 31st December 2023 Netcashfrom operntiTr8atll¥ittes 18.1651 Cash flowsfr¢Mll Irwesttn8actl¥ltles Divldends. Inte$t and rertfrom Investments Interèst paid Proceedsfrom the sale of..Tanglblefixed a55ets Proceedsfrom the $31e of.. Tanglblefixed Investments Purthaseof. Tanglble fixod as5et$ L05son disposal of fixed assets Flxed asset Investment5 329 IQ526 12,66LI Netcash provlded by I lused Inl InvestIa¢dl 15 7%fj5 Change Inwhand r45h equlvalqnts Inthe reportln8 perfod 131.3851 CJshand ¢ash e4uiva1tstlJe#•ry 2023 YO,781 34L081 Cash and rash equfvalents at31 Derymber ZOZ3 Kt7.596 340,781 Recondllatbnaf net Incomel IExpoDdthbrel bth+re Invs¢m¢ntgaln5 Pt Incomp before InvestmentylD5 31 December Adjustments for.. Depreclation charses Dlvidend5, interesr and rent investments Decreèsellincrea5el ID stocks Decrease /lincreal In debtor5 IDe(reasel/lncre4se In credltor5 Nettash Provided byllused Inl oper•tift88etl¥l&s 5,349 2.526 110,5261 IISJ291 IS.7061 IIA88) 14&5UI IYA501 13,6641 8.1651 knatys15 of ¢ash and rash •qu1¥an CAF Bank Natwesi Barclass Cash in hand 3570 6,743 ¥981 119 149.714 10,471 1.983 15 141414 162.183 Ilotl¢e depos1ts (less th•h 3 mostth51 CCLA- CBFChurch of England DepD$lt FUTr NatWestReseNe CAF Bank-GDld Ac¢oufit 150282 14 145,864 32.734 165,181 307,596 178.598 340.781
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTFCAL PARISH OF DUNSTABLE NOTES TO THE FINANCIAL STATEMENTS For the year ended 315t December 2023 I. ACCOUNTING POLICILS The PCC is a public benefit entitywithin the meattin¥ of FRS102. The financial statements have beeD prepar¢d under the Ch&rities Act 2011 in aOrd4ce witb the Church Ac¢owiting Rc8uI8titsIJ8 2Q06 governitig the iudividual actouttts of PCCS with the R¢gulations"TTue and fair vi¢w" provisions and appli¢#ble accountin8 $tsndds and the 2016 v¢rsion ofthe Statement of R0Ml)¢nd¢d Prdctice, AccountiDg and Reporting by Cbarilic5 (SORPIFRS1021). Consecrated and beD¢fi¢e prop¢rty In so far 25 coose¢rated and benefice propetyofanykind is Excluded from the statutorydefinition of'charityl by S¢&ts¢)tt 10(2) (a) and {c) of the Chariti¢s Act 2011 such 8ss¢ts are not capiL41ised in th¢ financial stafements. Moveable ehuTeh furn15hlngs These are capitalid at cost alld d¢pr¢ciaicd ov¢rtheir us¢ful economic life otherthcn where ittsuffieicnt cost inforniation is alIable. tn this cas¢ tbe iterry is not iapktalisrf but all iro6 atr included in the Church's inv¢ntory. Tlnglble red as$ets for we by the ch#rlty These are capilaltsed if they can be used for more than one year, 2nd cost at least £2.000 cach. They are valued at cost or else. for gifts-irl-kiad. at a rrJ8vnthle e51imats of their opcll nIaT OD receipt. Depre¢iation is ¢a]culated to wri¢e off th¢ capitslised cost of fixed ass¢ts over their estimated usefjjl lives dependin8 OD th¢ type of asset a follows: Office equipment Lalld and buildiD8S- the PCC £dopts tb¢ tM)licyregardiDg the clergyhouse {ten]porarily let) at 95 Eve1 Road, Dunstsbl¢ of a¢eouDting at eurr¢ut raarkei vll¢, based on valuRtion5 within the18st 3 )EaTS. Investmcnts quoted on a recoksed stock exchan8e orwhose valye derives from them aTe valued itTnarket value at the ar cnd. Sbort term dtPD51ts Thes¢ are the cash held deposits either with the CCLA or atthe baDk. FUNDS Unre5Cted Fmnds These T¢PTes¢nt th¢ r¢n]ai]]iug iDCOtne funds of the PCC that are availabl¢ for spetsding on the generdl purposes tsf the PCC. infyluding amounts designated by the PCC for fixed assets for its own use or for spending OD a project and whi¢h are iherefore not illcludcd ID Il's'fr¢e reserves, A5 disclosed in thc ttee$ repoTL Restrleted Furjds These are iTrcom¢ funds that must be spent on restricted p%Jrpow and detsil& of the fi]nts held and restrtctions provided are sbown in the notes kn the a¢¢ounts. Endowment Fund$ Th&8e are Rstricted thDds thAt must be retgirled as tnjst capital either pemianetstlyor 4ubject to A di%r¢tionaryw)wer to spend capitsl as income, and where the use of 8ny incorne or any oth¢r benefit derived from the capitsl meybc restricted Lir unr¢stiictcd. Full d¢taiJs are itl the notes to the accouDts
THE PAROCHIALCHURCH COUNCIL OF ThE ECCiESIASTICAL PARISH OF DUNSTABLE NOTES TO THE FINANCIAL STATEMENTS For tbe year ellded 31st Deccmber 2023 COME EndDwveot nds TOTAL 2023 TOT 2022 lund5 tunds N¢>te 2(1) Voluntary iThcome Planned vIng.. Gift aiddonRtioJkS 67,426 20,710 370 12.142 9.661 8,23 1 3,025 7,765 17.452 146 782 806 6&232 2(1,710 370 12.142 9,661 827 14,568 65.459 20,002 393 13,089 9,553 22.342 76.775 27,085 17,128 251 825 SpoTP3DTsbip Othwplwm Lolle£tTOfS- ¢PI#le Dollation5 L¢wies 296 11,543 11250 14 17,452 170 677 2Ib) Income from church 8Ctiiities Cburch ball Publicatio and 50uveniTsale Fees-VthIthn8Md thet818 53,112 35 53,112 35 38,636 131 11.584 50,350 62,380 62 2(tl AttltlES for gÈttÈrstlllE Fund raisin8 6.856 10.105 21d) Income from investments knial Diviac$. CBF imvs¢nthtfiJnds 7,200 72fMI 996 7,133 15 29 7200 1.098 2.228 10.526 996 2241 9,441 4,892 4,892 996 2(¢) Oth¢T iti¢ome E1rftricltyF IThTIff e ofasscty 477 477 453 3,915 90 537 4,995 Oth¢r 380 857 380 857 TOTAL COmE ?8,787 259 324,552 Page6
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF DUNSTABLE NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st Deccmber 2023 EXPENDITURE TOTAL TOTAL frJnd5 Not 31) Cbureh a¢ti*i(Ses Missiowlthitable n& MiDÉ5ty. niocuaTr pari5b skne Ciu8YexpeS a¢rgyvac4Dcy sthffc4Ls J5 799 799 620 157,074 1.575 157.074 lJ75 154,148 2,648 18211 30,940 20,419 8.302 9,324 69 2,525 361 18211 30940 46,433 12,845 9J24 69 2J2S 361 J8,119 23.755 84,91 9,138 15,305 840 2.526 959 26,014 4543 u¢pOr ¥¢rvi¢¢s Chw£b hau TTallJiD8 alldaucation Depreciation Prinun8atsd stBtioDBry Office equipwi rrrrtal Office T¢l¢pFwe P05tsgc 1,922 80 156 lJ22 1,920 156 236 Hall bad debts 951 252,709 74 30.631 283J41 316 158 3(b) R8i51ng funtts Fu]JdRai5ingEvell15 SieWerdslpStS 869 869 934 869 869 934 3(t) Inve5tnJellt ¢ts mainterjICe Cts Agent fe¢ 2,905 2,905 1,761 2.905 05 1.761 31d) GovernaDc¢ tost8 350 350 350 350 350 350 TOTAL EXPENDITURE 256 833 30,631 287.464 319203 Pa8e 7
ThE PAROCHIAL CHURCH COUNCIL OF TrFE ECCLESIASTICAL PARISH OF DUN5TA8LE NOTESTO THE FINANCIAL STATEMENTS For the yer eDded 31st December 21)23 411) STAFF COSTS 20 2022 Avera8¥nW[iwof&l0) Wa8C5 aodsiori¢s PEnSiDll £ 17.599 613 * 18.211 £ 17.546 573 £ 18 119 IOTAL Eryloy&s NtCwLS Qot chyble4$ th t(411 ftttheParishway1¢5sthBllthc IIMRC allo¢¢ ofQ.llth)p.8. Dwiog th¢y¢aTthe PCC eryloyedtht ftsllowirstafflall pDrt-tinxl: I x Athiiusrrnt¢r I x Clcattr I x b4usi¢itD SIPctertstFreDJf St Pder b) RELATED PARTIES No wete m&&toanyPCC ]EKthr, Fsc5 dosc]Y¢cC&&1t0I¢r¢]8t ti&$12022.. Nfnel ]n1&year TrANSFERS BETWEEN FUNDS fvrdls nds Prry Cburfh ofstPetff: ChcshirCFdd1V1deThl$ tylJLilthngDewlcymJt Fwd L4Ja¢kwell Furd dividerd% toFthutt Curw Fllnd wd P thMdrtth toEafftr Li]ies Ftr MacKonc¢hi¢ F4nd dith&n& ts Hi*LA]tarChri5trros Flowers Fund 01 185 1401) {1851 175) 138) 75 38 1.037 924 1.037 699 F£D ASSETS Fretbts Chwrc d& Movubk Bvlidlw PUJWEqlltp & Trltt ChDrch FqWpmert Cost at l J4nu8ry21ll3 Roryluaiiorlal l JaD2023 92.500 227,500 18.632 9236 2,659 123,1)28 227JlpO DiswI$ Ai 31 D¢c¢rnbu 2023 DtpredxtloD At l J¥Jwbry2023 aw8E fDr thB year Diwse Al 31 2023 et book vihe At 31 Deth2o23 At 31 Dttethr2022 320,QOO 18,632 9.236 2.659 350,528 12.917 2,525 9236 2,659 24.8J3 225 15,442 9,236 2,659 27,338 320.000 320.000 3.190 5.715 323,190 325,715 Fr¢eknld land teKtt5entthB houst111 &t95 Eve1) RoAd ThIswr¢MtySpcbft&w1 priorto 19)8 ai anoriwl costof £92.5fy). Thetwwls lastvaItr41 Rt3lsLI)ethr2OI9. Pa8•8
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF DUNSTABLE NOTES TO ThE FINANCIAL STATEMENTS For the yeAr ended 31st December 2023 VIXED ASSETS (Contlnned) FunetiollalcbAtiLle land&Dd uldkslE ttheI ¥be¢t. ThISDris the Priorycbtsreb Hall whi¢F¢$S htiLOfr0xtts1¢lY£2,(KH) (19971. Th¢ laLdwas acqUirLbY W ofwEJt frOmThcCWll E%ttte ill 1839 tobe uwlas A $thl ajd 1923 thc wwas¢]MD8d that0f chur¢h and sirrll1artlThgs. Shth21dthi5 cthg4 outsi¢kthoyerw)JittbYtheants e wouidbB a of to the Crown Estst4 TknCfe Mcorr[ 8Ain wouldbe ie4listsJ. INVESTMENTS (ALL ENDOWMENf FUNDS) Market vllwe •t J JHnuory102J 37113 41631 Net g35Th(lO¥s¢s} 2JIS2 (5J98) MArket vAMt At JI December 2023 37233 RepreseDted by: of shr 122.00 430.38 50.51 60.93 2,7S8 9,729 2.521 8.892 1.1tsry iJ77 1259 IS006 5haresryl at31 Dctttrtr2023 WBS £22.605312022: £20.66141 Chc5hir¢ 12.858. 611 17,628 ShollEvaluE at 31 Dc¢etth2O23 £1.4475 (2022.. £1.3710) CCLA- co CHAAUT EIIIICAL rr4vL8TME)TFIiND. ]F4COME UNITS Blackwell ofwi¢$ 2.148.67 4468 5.889 SF0r¢Vai4t3L D#ej2O25 was£J.010012022: £2.7408) TOTAL INV&SThIEPIts 4Q085 37233 Pay9
ThE PAROCHIAL CHURCH COUNaL OF THE ECCLESIASTICAL PARISH OF DUN5TABLE NOTES TO THE FINANCIAL STATEMENTS Forthe year ¢nded 315t December 2f123 Re*rkted TOTAL frJnds fvnd5 2023 2022 DEBTORS Af4D PREPAYMEIITS 8,617 4,344 1,427 2,229 7.479 617 4J44 1,427 2329 89S5 8.34S 4,623 1,427 1.152 11,534 381 VAT ff¢lrLim s¢1]8. (3llpEaincyxTri Hall itttinos 1.475 OthErd£blors 28 71 27 462 SHOKT TERM DEPoSs CCLA_ CBF C ofE DwitFw 40,265 10,439 110,017 4.461 150,281 14.90 145.864 32,734 CAF BAok. GoldAccoiiot 50,705 114478 178 598 io CASH AT BANK AND IN HAND W&stBank CAF Baok Barclays Bank C8sb inb8TKi 6,743 18,892 1,026 119 743 133.570 1.983 119 10.471 149.714 1.983 15 107237 957 26.779 108.194 141414 162 183 li LIABIIJTIES Cr¢diiors." fallin8kn iDoneyw'. 2,532 1.177 350 l.185 165 121 50 2,532 1,177 35 1,185 489 6.121 213 350 573 364 121 50 At¢mtswAlldetrtrthtt EXD Slaff Pension 8ts .%peci#l lIethi( Cboriry Cjtottts Hajj adv4Dcele¢tin8&1(kyits 324 50 3.580 324 P•EelO
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF DUNSTABLE NOTES TOTHE FINANCIALSTATEMENTS For the year ended 31st December 2U23 12 FUND DETAKLS 12{) UNRESTrICTED FUNDS pcc CeDtr¥l Prlory Church of Peter St St 2023 General Funds: 4,155 19.177 7,506 4,328 35,167 37200 28,864 320,000 386,064 Bcque5ts, Le¢1& 320,000 324328 320.0j 355,167 4,155 19.177 7.506 De5igTrAted Futtts: Sub groups Chwch Hall Cbo ES¢Jtrinrd Flr>w£rs ElJblicaiiL Total Sub group5 Otber Desigo¥¢td E¢knaott Fund. PCC Pttiith For,Ll%rymgG's trn. PBwh 5tnkingFund ConJnTh]nityCtsffee Special Even 24.651 1,295 3,514 546 1,443 31,450 24,651 1395 3A14 13,377 2,338 2.892 1.061 1.428 21,097 1,443 31,450 596 2,877 9,204 596 1877 9J1I4 834 31 570 2.751 8.81X) 873 31 85 834 31 85 fjerd AttarFrolltaJs D¢lls Llwlthtsg DevclO[ffttt Futwe cty Equiprthl He4tiD8 Sys* 464 5,257 1.661 2.127 400 9,025 2,712 21,646 464 5,027 1.661 2.127 382 7.546 10.056 40,373 5257 1,661 2.127 400 9.025 712 35,272 To( Other Desigttated 12,677 865 85 Totsl Desfgttated Fullds 12,677 865 85 53,095 66,722 61,470 Totsl Unre8tritted Fund$ 16,832 20,042 7,591 377,424 421 44734 Page li
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF DVNSTABLE NOTESTO THE FINANCIAL STATEMENTS For the ye¥kr ended 31st DttetDber 2023 12(bl RESTRICTED FUYDS 2L123 2022 Dottor Mary T0CoI¢88 J¢Cartchari fth Jsnecartcbarity Fw Si Alb DBF 51 Alb DBF Sptclfied Purpose of Futtd PLthI ¢andl(s W0thy[RgpVIC Mentsl Health Proitsx M¢ssy¢bur(h StAwthlDt 208 235 1,068 2,5(rf) 110 2388 loi 113 42 585 5,788 1.173 462 503.169 1,037 2,066 173 2,178 3,353 143 356 1.666 775 650 937 St Fremttnd Vaiio Vick5' Ftullwbequ¢91 SlFre[tnWj1AdieS GT SpEciBJ couectio AJ WaTdB4ut VM GwtrtldgeBEqt Mory M¢KM]¥J Famdyof Olive Cknh Cho5 Phylli$ Fllake le8 JOE KeThtiick ctutr¢h hBll Ckn bzll iowiwl88rn8erebJrbishttrnt 795 1.227 442 PTlory Chweh of St Peter Vario For ebY the Vicar atsJCbw¢hwatdells Forus¢ by Vir¥rarACburcbwardctt JjtM¢twofwirdftedGuy f¢r ¢thutio 1161 173 2,178 3A07 71 356 1,666 511 650 980 Boyg 2nd &r15' ¢hoirs' YiD8ingvi8its Mobik foll¢ fabric and upk¢¢pof Chwrh S¢botsl visits VorirAts 20no Vi$iw fty¢hwth fibl5llDt FAsterAod Chris5 flowers (Injrch Now¢r Valiu AuthcyRt¢s1¢8ary Priory k¢i¢tyof Bclln'DB¢TS Mainf¢nattc¢lrqxirofbelig grKlwther 16,998 16252 5.000 CmtC'5 E%FeTK5 (knb linE4L Ihtyo4bl¢fvioryChut¢h Music &1th2 PrioryChw¢h Rd R R BaTknv- 2022 RRB4r]ow_ 2022 100 5S,423 31,994 223,824 46,065 30,710 226.592 121¢) ENDOWMENT FUNDS These tDdDFnrfflts forthcPriory P&¢r.Dur&tsble, wbictrLaliowftytFz [rn)E aris8t0 bc wl on wlfiedpwHs4& DOt¢d SpllEd Pitrpmt Ptrm•nent Bequut F& 2023 2022 Flory Upk¢cp ofibe Lady C1 Higb 81wflrn¥us Christs t45tLY lili¢s 9.729 1.377 2,758 1,142 18,612 6.468 40.085 6.IBI 15,912 1?77 2,758 1th38 1&612 7J29 47525 l4,8(lJ 1359 2J21 IA08 17.628 6,651 44J?6 MacK{fflbLe 496 Upkeepofcjwrcb a7 scrvices AUrtiO ofsti1 for i$tantrAie5t Rlackwell 761 13 INSURANCE ThE church buiiithDV aodi7ytslltswe wtllL th¢ E¢£lesi4thral Jllsur Group irffjwd. 2023 2022 St Autill¢ ofcanterb Sl FrcmtUkqth¢ Manyr Priffy Chwth of St Pctcr PrioryChw¢h Hall HO ot95 Eve1)ryLknlkn5bI8 3JNODO 3JJlWIJ 29350000 711J38 397.13ti 3?18,468 2.960,(U) 1960.(KKJ 26,000.(KK) f118.485 314,831 32,843J16 Page 12
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIA5llcAL PARISH OF DUNsfA8LE NOTES TOTHE FINANCIAL STATEMENTS For th¢ year ended 31st December 2023 14 CONf4ECTED CHAIUTY- THE NASH BEQUEST FUP¥D Hb B4UCSt Futwjis L¢tlVaTrAyts lo ¢iira At31Yti)Cts) 2011 the fjmdtoryvrisL thE h110w£'. 2023 2022 AthDiw8tcrcd by stball¥D10cesoU Boardof Fillall.. CCiA- CBFC of E IVlInent Fund CCLA- CBFC of E Deposit fund 30,924 3,671 28265 3,671 31.936 Nat West Bank- CuTTeDi account &974 7.988 TOTALFUNDS 43569 39.924 IS GRknYfs RKCLIVABLE Ynre51wkted lunds Rknkt fvnd5 Totsl St Allgusdne DUb]e FXI 8raDt SlA[bo DBF Heatiryqci Asylumseekers Heat¢rs CatrKt 500 511) 250 1.500 250 Priory chchOfStTrCthr Dkmytablt Towucouucil FILKlSbtitig 535 45 535 45 10.000 2,800 2,385 19,OlS io,( Cnrt(thÈMyl.' JaDe Cart CknityFuThl 181KJ 2J85 7.76S Proj¢¢ts 1135 16 GRANfs PAYABLE. CHAIUTABLE 2023 2021 St MtND Mercy Shi J318hop'5 H8rvcsi ApF] lJrd5 & Ilerts Ilistoti¢ Churths PrloryClwNb ofst Peer Beti4 Atsl Herts Historic Chutths Tn B&lfaTthire Asoci&tion ofRellTjllE DuAstableFotylBaok TOTALCIiAPI15 PAYABLZ 59 297 40 40 63 360 620 Page 13
THE PAROCHIAL CHURCH COUNCII OF THE ECCLESIASTICAL PARISH OF DUNSTABiE REGisfERED CHARITY No. 1130250 ANNUAi REPORT TO THE CHARITY COMMISSIONERS FOR THE YEAR ENDED 31 DECEMBER 2023 Alm and Ptsrposes The primary oblect of the Parochial Church Council IPCCI Is the promotion of the gospel of our Lord Jesus Christ according to the doctrines and prattice5 of the Church of England. The statutory function of the PCC is to Co-operate with its minister5 in promoting in the ecclesiastical parlsh of Dunstable the whole mrssion of the Church, pastoral. evangelistic, soclal and ecumenical. Oblectlves and actlvltles The PCC is committed to enabling as many people as possible to join in worship and mission and to become part of our parish community. The PCC maintain5 an overview of worship and misslon through0 the parish and makes suggestions on how activities can reach and involve people throughout the parish and beyond. Worship puts faith into practice throuEh prayer and scripture. music and sa¢rament. When planning activities in 2023. the PCC consideied the Charity Commission guidance on public benefr( and in particular the guidance on charitie5 seeking the a(Ivancement of religlon. Primarily, the PCC tried to help ordinary people to live out their faith a5 part of our parish communty, with activrty Ihat addressed this need through-. Worship and prayer Pastoral eare and support for people living in the Parish Mission and outreach work To fdcilitate the aLtivities. it was and is importarbt to maintain the fabric of the church buildings and premises forwhich the PCC is responsible. Achievements and Performan¢¢ Worship ondprayer The PCC Worked to support as many people as possible to worship at our churches and to become part of the Parish community in Dunstsble. The PCC maintained an overview of worship throughout the Parish and looked to improve on how our seIceS could involve the many communities and groups that live within the Parish. Our services and worship put faith into practi through prayer. scripture. music and sacrament. All three churches also continued to offer online worship. Newsletters and social media enabled contact to continue and new contacts to be ma(le. helpirbg the PCC to fulfil its objectwes in new ways and changing circumstances.
Pastoral core ondsupportforpeople living In the Purish In 2023 the clergy condurted occasional offices for those living In the Parish, or connected with it.. Baptisms lup to age 121 21 Baptisms lover age 121 12022.. 161 14 Confim)ations {2022: 171 32 Marriages Furkera15 in church Funera15 at rnetery or crematorium 12022.. 131 12022: 301 12022". 201 33 14 Mlssion and outreach St Augustine's church contlnued to host Dunstsble Foodbank. The Revd rim Davis continued to provide chaplaincy services to two local secondary school academle5. All three churches continued to let their halls to external users, raising income and stn8then1ftg links with the local community. Adults and young people involved in the churches, worshrp and activf(ies are encouraged to join the Parish Electoral Roll and vote for churchwardens and officers of the PCC ènd Dcts. As at the annual meeting in March 2023, the number on the Electoral Roll was 220, an overall increase of 13 from 2022. dlstributed asfollows: 5t Augustlne St Fremund Priory Church of St Peter 6112022.. 561 2712022- 271 132 {2022:1241 Structurèi gi>vern3nce and management The Parish of Dunstable is part of the Di0Se of St Albans in the Church of England. It comprfses the PCC and the three District Church Councils {DCCsl of the Priory Church of St Peter, St Augustine of Canterbury and St Fremund the Martyr. The ordalned clergy in 2023 comprised Team Rector. the RevLI Rachel Phillips. Team Vicars the Revd Ricky Tumer and the Revd Tim Davis, and Assistant Curate the Revd Jenna Qearden. The method of appointment of PCC members is set out in the Church Representation Rules. PCC members include the clergy and churchwardens; representatives to the deanery and diocesan syno¢Js; and members eletted by those members of the congregation who are on the electoral roll of the parish. All those who attend our seNices are encourdged to register on the Ele¢tordl Roll and stand forelertion to the PCC. The PCC members are re5pon5ible for maklng declsions on all atterS of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. The fvll PCC held four ordinary meetings during the year, recevving reports from the churchwardens of the three churches and the deanery syn¢)d and discusslng matters for which the PCC Is responsible, including finance, safeguarding, health & safety an(J data protection. There were a further four meeting5 of the PCCS StandingJFinance Committee. The Annual Parish Church Meeting was held on 12 March 2023 Sn the Priory Church, to approve the accounts and various reports for 2022, together with elections of PCC members.
Safeguardlng Throughout the year, the PCC complied with the duty under section 5 of the Safeguarding and Clergy Discipllne Measure 2016 Iduty to have regard to House of Bishops, guidance on safeguarding children and vulnerable adults). Twstees PCC members who have served at any time from l January 2023 until the date this report was approved are-. Ex officlo members Clergy The Revd Rachel Phillips The Revd Tim Davis The Revd Rlcky Turner The Revd Jenna Dearden Incumbentifeam Rettor Team VScar Team Vicar Assistant Curate Churchwordens Shauna Dyke Jacqueline Prince Gill Short Rosemary Turley Georgina West Churchwarden (Priory Church of St Peter) Churchwarden (St Au8UStine} Churchwarden (Priory Church of St Peterl Churchwarden (St Augustlnel Churchwarden1St Fremundl Synod representotive Judy Parlby Deanery Synod representative (until 30 June 20231 Elerted members Keren Bonner John Bradley Lara Dargavel Rachel Haddock Pam Ingram Keith King Kate Klimaytys Janet Morton Jamie Murray Judy Read also PCCTreasurer until 12 March 2023 until 12 March 2023 from 12 March 2023, also PCC Secretary The PCC remains thankful to the large number volunteers who give generously of theirtime and talents, 5UPPOrting mission and 8rowth throughout the Parish. e I
Flnancial revlew The PCC Treasurer co-ordin8ted the volunteer treasurers of the three DCC'S and to ensure that financial records were malntained for the preparation of annual accounts for the indlvidual churches and the consolidated ac¢ounts for the Parish. The net Parish assets decreased by £25,264 to £693,23812022.' £718,502). Totsl Income of all funds for the year was £259348 which decreased by £65,204 from £324.552 In 2022. This w35 made up asfollows: Legacies were £14,568 for the year which was £62,207 lowerthan 2022 Grants recenied were £19,015. down from 2022 by E8,070. £10.(YJO was receNed to support the ongoing organ repairs. There were 3 grants totalling £6,685 from Jane CartTrust and £1,000 from Central Beds Council for hall decoration. heaters. projects and carpet The total of all donatlon5 and tax recovered was £109,981, dovm by£ll.304 Open plate collection5 were £108 higher than 2022 at £9.661 Hall hire was up by £14.476 at£53,112 Fees for weddings and funerals fell by E2.351 to £9,233 Fund raising increased by £3,250 to £10.105 Interest increased by £4.905 to £7,133 Totsl expenditure of all funds for the year was £287 464, a deryeèse of £31.738 on 2022 although it included exceptional C0$15 £8,491 relating to lighting at St Peter from the AJ Ward bequest, £17,4(Ki for the ongoing Organ repair51£21,525 last year). and £5,577 being the remaining hall/garage work at St Fremund from the Vicky Faulkner bequest. Excluding the exceptional items in each year, the regular costs increased by £6,834. The key changes were £7.185 increase in nsnning costs caused by the increase in energy prices. Upkeep of servlces were up £3,707 including £3,333 being spent on our Choir Leader at St Peter from the Ray Barlow bequest for music. Parish share costs In¢ased by £2,926 and the was a reduction of £5.981 due to the hall rerbIshrnent costs last year. Of the total, income for unrestricted funds was E229,565 of which £146,782 came from voluntsry income including planned glvin8 of gift aid donations, income tax retoverable, other planned givlng. sundry donations, chaplaincy contributions, grants and legacies. Church activities included £53.112 for hall lettings and £9,233 fees received for weddings and funerals. Fund raising brought in £IO,10S and rental income from the freehold property £7,2W. Expenditure on unrestricted funds was £256,833 of which the major cost was £157,074 being the Parlsh's quots contribution to the Diocese of St Albans. Other expenditure incurred was £18.211 for Staff Costs. £7.400 for Organ repairs, £52,261 for church runnlng, maintenance and upkeep of Servi5, £9.324 for church halls runninglmaintenance costs. Restricted funds income of E28,787 came from Ell,250 of gfdnts, £11,543 from a legary and £4.892 interest. 9&
Net movement on Parish funds. afterfund transfers and investment gains. issymmarised as follows: Unrestricted Funds net expenditure £25,645 Restricted Funds net expenditure £ 2,769 Endowment Funds net surplus £ 3,150 Total Net Expendtture £25,264 ReseeS carried fornard at 31 December 2023 for unrestritted funds for gener81 purposes were £421,889 of which £66.722 had been allocated for Sub-groups and designated funds. leaving a net balance of £355,167. Fixed assets account for £323,190 of this, leaving current assets of £31.977. It should be noted that fixed assets include a current selling valuation of £320,( for the clergy house at 95 Evelyn Road, Dunstable which is the curate's SitenCe. Approved by the PCC on 12 February 2024 and Signed on their bohalf by the Reverend Rachel Philllps (Pccchair) 18