2023-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Holy Trinity, Cheltenham

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Name	Post		Dates (ifpart year)
Officers
Rev Andrew Blyth	Chair
Christine Robertson	Treasurer
Helen Moss	Secretary
Julia Thomson	Electoral	Roll Officer
Trustees
Clare Benton	Elected
Rev Andrew Blyth	Ex-Officio
Caroline Breckon	Elected
Russell Brooks	Elected
James Clapp	Elected
Nicholas Eden	Elected
Michael Fuller	Elected		From 22"' May 2023
Rev Simon Fellows	Ex-Officio
Rachael Gill	Elected
Rev Timothy Grew	Ex-Officio
lone Hay	Deanery	Synod Member
Tom Johnson	Elected
Elizabeth Lang	Churchwarden
Barry Lambert	Churchwarden
Martin Lovegrove	Deanery	Synod Member	From 22"' May 2023
Helen Moss	Elected
Patrick Olaniyi	Deanery	Synod Member
David Rows	Elected
Edmund Smith	Elected		Until 22"' May 2023
Henry Steven	Elected
Rev Nicholas Stott	Ex-Officio
Milcah Troughton	Deaneiy Synod Member
Sophie Whisker	Elected

		Note	Unmstrtcted	Restricted	2023 Total	2022 Total
			Funds	Funds	Funds	Funds
			6	5	f	9
Income and endowments	from:
Donaticns and legacies			946,882	143,657	1,090,539	926,223
Other trading activities			65,450	7,307	72,757	37,306
Other income
Total income and endowments			1,012,332	150,964	1,163,296	963,529
Expenditure on:
Raising funds		5	(1,140)		(1,140)	(656)
Charitable activities		6	(1,025,620)	(133,765)	(1,159,385)	(1,027,703)
Total expenditure			(1,026,760)	(133,765)	(1,160,525)	(1,028,359)
Net (expenditure)/income			(14,428)	17,199	2,771	(64,830)
Reconciliation offunds
Total funds brought forward			66,123	119,780	185,903	250,733
Total funds carried forward		14-16	51,695	136,979	188,674	185,903

				Registered	Charity No: 1130299	Charity No: 1130299
	Note	2023	2023		2022	2022
		5			6
Fixed Assets
Tangible assets	10		56,145			65,253
Current Assets
Stocks		5,000			6,000
Debtors		60,448		39,662
Cash at bank and in hand		128,681		153,110
		194,129		198,772
Liabilities
Creditors: amounts falling due within one year	12	(61,600)		(78,122)
Net Current Assets			132,529			120,650
Net Assets			188,674			185,903
The Funds ofthe Charity
Restricted income funds	14		136,979			119,780
Unrestricted income funds	15		51,695			66,123
Total Charity Funds			188,674			185,903

				2023		2022
				6		6
Cash flows from operating	activities
Net expenditure over income for the financial		year		2,771		(64,830)
Adjustments for
Depreciation ofproperty plant and equipment			9,108		7,325
(Increase)/Decrease in trade and other receivables			(20,786)		15,364
Decrease in inventories			1,000
(Decrease)/Increase in trade payables			16,522		37,376
Net cash generated/(expended) from operating
activities				(27,200)		60,065
Cash flows from investing	activities
Purchase offixed assets					34,461
Net cash (expended) from	investing activities					(34,461)
Net (decrease) in cash and cash equivalents				(24,429)		(39,226)
Cash and cash equivalents	at the beginning	ofthe year		153,110		192,336
Cash and cash equivalents	at the end ofthe	year		128,681		153,110

	(which is normally	the	transaction	transaction	transaction	excluding transaction	excluding transaction	costs), unless	the	arrangement	arrangement	constitutes a
	financing transaction.		If	an arrangement			constitutes a financing	transaction,	the	financial	asset	or liability is
	measured at the present			value	of the future		payments discounted	at a market	rate	of interest	for	a similar debt
	mstrument.
2.	Donations and legacies
						Unrestricted Funds 6 Restricted Funds 6			2023Total			2022 Total 6
	GIR Aid, legacies and other
	donations						543,499	137,252		680,751		562,861
	Gift Aid recoverable						135,621			135,621		123,329
	Offerings at services/other			no	tax
	giving						267,762			267,762		200,761
	New Development							4,569		4,569		16,733
	Missionary appeals recoverable	including			giR aid			1,836		1,836		22,539
	Total 2023						946,882	143,657	1,090,539			926,223
	Total 2022						817,881	108,342				926,223
3.	Other trading activities
						Unrestricted Restricted
							Funds	Funds	2023Total			2022 Total
							6	6		6		8
	Church activities:
	Income from specific	activities					31,207			31,207		15,900
	Pastoral and evangelistic						26,864	7,307		34,171		20,707
	Worship media activity		income				4,348			4,348		210
	Investment Income						3,031			3,031		489
	Total2023						65,450	7,307		72,757		37,306
	Total 2022						33,638	3,668				37,306
4.	Other Income
						Unrestricted
							Funds	Funds	2023 Total			2022 Total
							6	8
	Coronavirus job retention			scheme

Raising funds
	Unrestricted Funds	Restricted Fundsf	2023Total f	2022 Total 5
Cost ofWorship media activity income	1.140		1.140	656
Total 2022	656			656

	Note	Unrestricted	Restricted	2023 Total	2022 Total
		Funds	Funds	Funds	Funds
Activities undertaken;		6			6
Missionary appeals
Trinity Supported Mission	Partners
Missionary and charitable giving		62,293	58,937	121,230	127,378
Printing, postage and stationery		119		119
Administrative expenses		485		485	180
Support costs	7	19,417		19,417	15,375
		82,314	58,937	141,251	142,933
Ministry
Parish Share		167,867		167,867	162,190
Welcome and disapleship		2,974	149	3,123	2,065
Staff costs		162,129	65	162,194	133.331
Worship, prayer and teaching		14,078	414	14,492	12,640
Printing, postage and stationery			39	136
Depreciation	10	1,206	3,348	4,554	3,662
Supportcosts	7	206,977	1,840	208,817	194,987
		555,328	5,855	561,183	508,875
Pastoral 8 evangelistic	expenses
Sunday School and Youth
Activities		32,295		32,295	13,123
Gifts and pastoral care		6,554	8,791	15,345	13,760
Alpha, training &
evangelistic expenses		15,081	2,639	17,720	17,507
Staff costs		100,502	44,541	145,043	116,187
Administrative expenses		11,924	1,162	13,086	9,674
Supportcosts		208,756	1,840	210,596	197,042
Other expenses		12,866	10,000	22,866	8,602
		387,978	68,973	456,951	375,895
Total cost ofactivities undertaken		1,025,620	133,765	1,159,385	1,027,703
Total cost ofactivities
undertaken 2022		918,737	108,966		1,027,703

Support costs
		Note	Unrestricted	Restricted	2023 Total	2022 Total
			Funds	Funds	Funds	Funds
				8	6	8
Church running
expenses
Insurance			4,526		4,526	4,026
Utilities and telephone			16,796		16,796	10,717
Cleaning			6,627		6,627	7,400
Repairs and maintenance			1,603		1,603	2,977
New Development				332	332	13,953
General running	costs		118,389		118,389	96,222
Other expenses			13,223		13,223	16,094
Events expenses			4,877		4,877	7,117
Administrative expenses			9,228		9,228	8,155
Depreciation		10	1,206	3,348	4,554	3,662
Staff costs		8	252,903		252,903	231,981
Audit and accountancy fees			5,772		5,772	5,100
Total support costs			435,150	3,680	438,830	407,404

		Unrestricted	Restricted	2023Total	2022 Total
		Funds	Funds	Funds	Funds
		8	6	8	8
Missionary	appeals	19,417		19,417	15,375
Ministry		206,977	1,840	208,817	194,987
Pastoral & expenses	evangelistic	208,756	1,840	210,596	197,042
Totalsupportcosts		435,150	3,680	438,830	407,404
Total support costs 2022		391,062	16,342		407,404

Staff costs
				2023	2022
				Number	Number
Number of	employees
The average	monthly	numbers	of full time equivalent	18	17
employees were
No employee	earned	more than	860,000 in the year (2022 - nil).
Employment	costs
				2023	2022
				8	8
Wages and	salaries			493,906	420,887
Social security costs				32,294	32,344
Other pension costs				27,220	23,484
Recruitment	costs			110	912
Other staff costs				6,610	3,872
				560,140	481,499

Tangible fixed assets
	Fixtures, fittings
	and equipment
Cost	8
At 1 January 2023	225,477
Additions in the year
At 31 December 2023	225,477
Depreciation
At 1 January 2023	160,224
Charge for the year	9,108
At 31 December 2023	169,332
Net book values
At 31 December 2023	56,145
At 31 December 2022	65,253

11.	Debtors
					2023	2022
					8	6
	General	debtors			1,450	158
	Gift Aid	recoverable			32,232	18,173
	Other debtors				1,361	1,361
	Prepayments and accrued income				25,405	19,970
					60,448	39,662
12.	Creditors: amounts		falling due within one year
					2023	2022
					8	6
	Expense	creditom			9,062	33,543
	Other creditors				30,924	18,887
	Accruals				15,372	14,604
	Deferred	income		13	6,242	11,088
					61,600	78,122
13.	Deferred	income
					2023	2022
					8
	Grants and donations
	Balance	as at 1 January 2023			11,088	4,258
	Received	in the year			36,488	22,824
	Amount	released to	income and endowments		(41,334)
	Balance	as at 31 December2023			6,242	11,088

Restricte	d funds
		1 January	Income and	Expenditure	31 December
		2023	endowments		2023
		8	5
Special	collections	1,700	1,859	(1,655)	1,904
Specific	purposes	100,095	141,798	(123,200)	118,693
Pastoral	and evangelistic	17,985	7,307	(8,910)	16,382
		119,780	150,964	(133,765)	136,979

	Restricted funds comparative	Restricted funds comparative
			1 January	Income and	Expenditure	31 December
			2022	endowments		2023
			8	8		8
	Special collections		601	22,229	(21,130)	1,700
	Specific purposes Pastoral and evangelistic		95,175 20,960	86,113 3,668	(81,193) ~t8,843	100,095 17,985
			116,736	112,010	(108,966)	119,780
15.	Unrestricted	funds
			1 January	Income and	Expenditure	31 December
			2023	endowments		2023
			6	5		8
	General		66,123	1,012,332	(1,026,760)	51,695

16.	Analysis of net assets between	funds
			Unrestricted	Restricted
			funds	funds	Total funds
			6	6	6
	Fund balances at 31 December	2023as
	represented by:
	Tangible fixed assets Current Assets Current Liabilities		6,107 107,188	50,038 86,941	56,145 194,129 ~6,600)
			51,695	136,979	188,674
17.	Related Party Transactions