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2023-12-31-accounts

ANNUAL REPORT AND FINANCIAL STATEMENTS

OF

ST MARY'S LONGFLEET PCC, POOLE FOR THE YEAR ENDED 31 December 2023

Registered Charity Number 1130469 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LONGFLEET (ST MARY'S), POOLE

INCUMBENT Revd Canon Andrew Perry The Vicarage 2, Twemlow Avenue Poole Dorset BH14 8AN

BANKERS INDEPENDENT EXAMINERS CAF Bank Ltd Newton Magnus 25 Kings Hill Avenue Arrowsmith Court Kings Hill Station Approach West Malling Broadstone Kent ME19 4JQ Dorset BH18 8AT

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

Objective and Activities

St Mary’s Longfleet PCC has the responsibility of co-operating with the incumbent, the Revd Canon Andrew Perry, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has the maintenance responsibilities for the Church Centre, Kingston Road, Poole.

Governing document

The PCC is a registered Charity (Number 1130469) and is governed by the Parochial Church Councils (Powers) Measure 1956 as amended and Church Representation Rules.

Structure, governance and management

The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and are welcome to stand for election to the PCC. On appointment, each new PCC member is given a clear briefing of the responsibility they carry as a trustee and of the primary purpose of the PCC to work with the incumbent, Revd Canon Andrew Perry, in the whole mission of the church.

During the year the following served as members of the PCC -

Incumbent: Revd Canon Andrew Perry Chair
Associate Vicar: Revd Mark Hay
Wardens: Mrs Alison Cox
Dr Pete Naylor
Elected Members:
Deanery Synod
Representatives:		 Mr Mike Bilson
Mr John Brackstone
Mr Simon Burnham-Slipper
Mrs Sue Cobb
Mrs Anne Goodrich
Mr Mark Heavyside
Mr Mark Hill
Mr Neale Molyneux
Mrs Lois Partridge
Mrs Alison Pringle
Mr Samuel Smith
Mrs Claire Stonier
Miss Jess Wheadon
Mr Simon Burnham-Slipper
Mr Colin Chalkly-Maber
Mrs Emma Jackson
Miss Sue Ockendon
Mr John Rolleston
Mr Mike Turner
Miss Angie Wheeler
Mrs Wendy Tarpley-Naylor		 (until April 2023)
(from April 2023)
(until April 2023)
(from April 2023)
(until April 2023)
(from April 2023)
(from April 2023)
(until April 2023)
Treasurer
(from April 2023)

Page 2

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

Electoral Roll Secretary Mrs Kym Powell PCC Secretary Mrs Gillian Rutherford

Statement of Parochial Church Council’s Responsibilities

Charity law requires the Council to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of its financial activities for that period and adequately distinguish any material special trust or other restricted fund of the charity. In preparing those financial statements the trustees are required to:

The Council is responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the charity, and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

Committees and Subgroups

The four key principles behind these structures being that they should be –

Purposeful - To fulfil our overall vision and purposes Adaptable Able to respond to continuing growth Flexible - Within an age of rapid change Simple To function naturally and allow St Mary’s Longfleet to grow healthily as a living organism rather than a bureaucratic organisation and avoid unnecessary meetings.

The structures are designed to express trust and accountability. From January 2010 – A new Leadership Structure was developed which clarifies the respective roles of the PCC and the Staff Team.

Finance Team (also Standing Committee of PCC)

Prepares the ‘Annual Budget’ and monitors spending. It holds responsibility for reviewing staff salaries and expenses. It carries a mandate to be proactive in encouraging financial giving in the church, and to support the Hon. Treasurer.

Page 3

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

Reserves Policy:

As the PCC has employed 13 full or part time staff during the year, it is the policy to maintain a balance on unrestricted funds (if possible), which equates to approximately six months’ unrestricted payments (excluding Share payments to the diocese), to cover emergency situations which may arise from time to time. In addition, a balance equal to approximately three months’ Share payments is maintained whenever possible. The current level of unrestricted cash reserves does not meet this target but does cover approximately 4 months of such payments. At the year end the Church held £207,108 of unrestricted funds and £2,351,351 of restricted funds.

Risk Management:

The principal risk is that the PCC would not be able to meet its financial commitments in any given year. This is currently seen as medium likelihood but high impact and is managed by a careful budgeting process, performance against which is regularly monitored by the PCC and the Finance sub-committee as well as communication with all members of the congregation when necessary. By comparison with this risk all the other identified risks have a low residual impact and may be outlined as:

High impact/medium likelihood – fire in the building – contingency plan – use of local school premises.

High impact/low likelihood - no one coming forward to act as volunteer members of teams and committees – contingency plan – continued communication with the congregation together with a database of skills. Responsibility for this shared by Vicar and Finance Team.

Medium impact/medium likelihood – something goes missing or is stolen from the church safe or other office area – contingency plan – continued monitoring of security measures making improvements as necessary.

Fabric Team (sub group of PCC)

Maintains the church property and equipment. Identifies and prioritises work needed, including quinquennial requirements. It works closely with the SML Facilities Team.

Mission Support Team

Encourages and assists all at SML to reach out imaginatively into the world, in obedience to Jesus’ call to evangelism and social care - “Go and make disciples of all Nations” - Matthew 28: 19. It makes proposals to the PCC about the allocation of the tithe.

SML Eco Group

To encourage the SML church community to be good stewards of God’s creation and align ourselves to the Anglican Communion’s fifth mark of mission. This is a very active, passionate sub-group, under the leadership of Lois Partridge.

Page 4

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

Church Attendance

On an average Sunday, our total worshipping numbers were about 700. Online, live-stream services attract a sizeable number of additional viewers. The Electoral Roll number for 2023 was 531.

Pension Builder Scheme

St Mary’s Longfleet PCC participates in the Pension Builder Scheme section of CWPF for lay staff. CWPF is administered by the Church of England Pensions Board, which holds the CWPF assets separately from those of the Employer and other participating employers.

CWPF has two sections:

  1. the Defined Benefits Scheme

  2. the Pension Builder Scheme, which has two subsections;

  3. a. a deferred annuity section known as Pension Builder Classic, and,

  4. b. a cash balance section known as Pension Builder 2014 – SML Members in this section.

Pension Builder Scheme

Both sections of the Pension Builder Scheme are classed as defined benefit schemes.

Pension Builder 2014 is a cash balance scheme that provides a lump sum which members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared is payable, unreduced, from age 65.

There is no sub-division of assets between employers in each section of the Pension Builder Scheme.

The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the SoFA in the year are the contributions payable (2023: £7,875, 2022: £8,221).

A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation was carried out as at 31 December 2019.

For the Pension Builder 2014 section, the 2019 valuation revealed a surplus of £5.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time.

The next valuation is due as at 31 December 2022. Calculations for this are currently under way.

The legal structure of the scheme is such that if another employer fails, St Mary’s Longfleet PCC could become responsible for paying a share of the failed employer’s pension liabilities.

Page 5

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

Public benefit, objectives and activities

The PCC have given due regard to public benefit when planning the church’s activities, in accordance with section G2 and G3 of the Charity Commission’s General guidance on Public Benefit (January 2008). The paragraphs above and below set out the PCCs activities, achievements and performance during the year, which are directly related to the objects and purposes for which the church exists.

The church achieves its principal objects and purposes through:

These benefits are directly related to the aims of the church and are fully compliant with Principles 1 and 2 of the Charity Commission Principles on Public Benefit.

REVIEW OF THE YEAR

Across our nation and the world, 2023 has been a year marked by uncertainty and tension. Most notably – the Israeli/Gaza conflict; Russia’s ongoing invasion of the Ukraine; UK political turbulence and a lack of ‘trust’ in our leaders; and the continuing rise in the cost of living. This has created a wider backcloth that impinges upon us all, and so our focus over Christmas on Jesus ‘The Prince of Peace’ was especially pertinent and timely.

During 2023, the full PCC met in-person for five business meetings and one extraordinary meeting. Our SML Church Vision is currently being refreshed, and, within this, we are seeking to align ourselves to the new diocesan vision of ‘Making Jesus Known’ . Nevertheless, the key priorities of RISE, THRIVE and REACH of our existing vision have continued to provide the three main markers for our mission and ministry. Across all these areas has been a focus on aiming to ensure we are restoring and offering ‘healthy’ ministry across the breadth of our ministry and mission activities.

REVIEW OF THE YEAR

Page 6

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

RISE up

Overall, it has been notable and so encouraging to sense the spiritual temperature of our church services and gatherings rising with a greater sense of expectancy and engagement. A deep, authentic sense that the Holy Spirit is moving in our midst, and a growing thirst in people’s hearts and souls to go deeper with the LORD.

The weekend – 25th -27th March - with the Irish worship leader and speaker Leah MacFall was a significant catalyst within this.

Live-stream continues to be offered, and is valued by a sizeable number, particularly those who are housebound or travelling but also for many others with links with SML across the country and beyond. We are thankful that our services over Christmas 2023 welcomed a huge number of visitors and appeared to minister in a profound way.

The Confirmation Service , with the Bishop of Salisbury, on Sunday 26[th] February was a real highlight and important public landmark in their walk with Jesus Christ for those being baptised. Our Sea Baptisms, on Sunday 1[st] October , of 24 people was a remarkable occasion and powerful witness to others on the beach.

Once again, we were delighted to be committed to the Archbishops’ Your Kingdom Come prayer initiative leading up to Pentecost. Our investment in our monthly prayer and worship gathering RISE has continued throughout this time.

Core Discipleship Practices – have remained central to our life together and our equipping of members of SML to grow as passionate, whole-life disciples. To Belong - within a life group, Prayer Triplet and/or Volunteer Team; Feed – on God’s word through daily disciplined personal Bible reading; Pray – contributing to a life of nourishing and sustaining prayer; Serve – on a volunteer team; Give – through committed personal financial giving to the mission and ministry of SML.

THRIVE in

Welcome – once again, we have been thrilled to welcome a significant number of newcomers to SML over the past year. Our termly Welcome Meal is a key opportunity on the pathway for newcomers to be introduced to the wider ministry of SML and begin to find a place of belonging and, in time, serving.

Page 7

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

Emerging generations – have continued to flourish throughout 2023! The children valued their overseas trip to the Isle of Wight in May, and the links with Longfleet School continue to strengthen.

Numbers across our Youth Ministry have grown so rapidly that the PCC made the decision to appoint a ‘Youth Support Worker’ to provide additional help for our Youth Pastor. We are immensely grateful for the financial support from the Deanery for this post. Given the numbers, two Youth Weekends Away were organised at St George’s House in North Devon during the year.

RESOUND – a wider Dorset youth gathering, supported strongly by SML with YFC, gained further momentum in 2023 with the visit of Archbishop Justin Welby to SML on Saturday 20[th] June being a truly memorable and faith-raising occasion.

It has been a thrill to see the re-energising of SML Men’s Ministry , under an enlarged core leadership team. The theme of ‘Resilience’ has provided the focus for two sizeable gatherings at the RMYC in April and November. There have also been curry evenings, BBQs, and an Away Weekend in September. It has been encouraging to hear of new Prayer triplets forming.

SML Women’s Ministry – continues to flourish and offers many opportunities for women to meet together and encourage each other in discipleship and outreach. The planning for a weekend at Lee Abbey 1-3 March 2024 is well underway with large numbers signed up.

Staff Transitions has been a notable feature for us as a church community in 2023. Our longstanding Worship Pastor, Andy Dollerson, moved back to the US with his family in the summer; Will Triffitt – ministry support and comms - moved to a new post in September; and Mark Hay, our Associate Vicar announced at the end of November his appointment as the next Rector of St Clement’s Oxford. We are so grateful for the blessing each of these staff members have been.

We have been delighted to appoint - Mark Ambler as our new Operations Director, Simon Parry as our new Worship Pastor, Pete Dendy as our Youth Support Worker, and will begin advertising for a new Associate Vicar very soon.

Discussions around the Church of England’s Living in Love and Faith (LLF) deliberations and developments nationally, across our diocese, and at SML was the subject of our Extraordinary Meeting on 13 November.

The fact that the finances of SML have finished 2023 in a healthy position is due both the sacrificial generosity of our SML church family and the vigilant monitoring of our Finance Team . Once again, we are indebted to the hard work of members of the Finance Team who have committed countless hours to ensure our income and expenditure are carefully aligned and, in particular, to prepare for October’s Gift Day. The Finance Team also presented a realistic, yet faith-filled, 2024 budget to the PCC in November.

Compliance with statutory Policies is an official responsibility of the PCC and it helps to create a context in which people can thrive in a healthy, love-filled community. Each meeting involves an update on a rota basis. The TORs (terms of reference) of most of our reporting groups have been reviewed over the past year. Understandably, Safeguarding is the most prominent. Discussions about updating our policy about ‘one-to-one’ meetings have featured in our PCC meetings during the year. The PCC is immensely grateful for the professionalism and skill of our SML Safeguarding Team.

Page 8

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

REACH out

With a team, our Associate Vicar, Mark Hay, ran the HOPE Course, a shorter version of Alpha, in January and early February . And, it was so encouraging to hear of the spiritual fruit which came from that .

Something very distinctive for 2023 is that we have run two Ukrainian Alpha Courses. These have been led by Nadia and a team, and have been a wonderful way of reaching out to other Ukrainians in our wider community with the love of the Gospel and a tangible offer of support.

Sunshines our parent and toddler group, brilliantly overseen by our Children’s Pastor Eden Elkins, meets two mornings a week in our church centre. This is a significant outreach activity and often quite a lifeline for the parents’ that attend.

Our Armed Forces Veteran Friendly Group , under the leadership of Retired Major Homfray Vines and a committed team, offer a monthly ‘drop in’ at the church centre. This ministry offers a safe place for veterans to gather and share experiences, and it has grown both in numbers and depth during the year.

As part of our call to be a sending church – an Antioch – we were delighted that two members of SML were ordained at Petertide 2023: Amy Footson to serve her curacy at Melbourne Cathedral, and Jeff Adams to serve his at St James’ Poole.

SML’s practical support of and engagement with Poole Missional Communities ( PMC) including Reconnect , continues to develop. This is reflective of a wider commitment of churches across Poole fostering fresh missional expressions and of working together more extensively on shared ventures.

It is an ongoing joy to see the development and growth of the ministry of our Church Graft in the Parish of Hamworthy. This mutual partnership continues to thrive in a number of areas, a notable occasion being a dynamic youth event in the autumn hosted at Hamworthy. Andy meets with the Revd Tessa Nisbet, Rector of Hamworthy, on a monthly basis to offer support.

The fifth Anglican ‘Mark of Mission’ is ‘To strive to safeguard the integrity of Creation, and sustain and renew the life of the earth’ . As part of our engagement with this, the SML Eco Group , continues to be very active and provides the PCC with regular updates. One eco driven initiative of 2023 was to reduce the heating costs in our church building by 20%, we are grateful to those who have given time to this.

Our REACH ministries (Vision 2020 – Reach) are naturally grouped into 3 areas - ‘Food, Relationships & Refugees’ , primarily in the form of Cafe@SML, The Community Lunch, Routes to Roots, and Supporting Refugees, although there are many other additional initiatives. We remain joyfully committed to these, and it is such a joy to have welcomed a sizeable group of Ukrainians within our church family.

We are acutely conscious of the need to recruit a new Outreach Pastor , or equivalent, which the PCC will give attention to during 2024.

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St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

As mentioned two years ago, The Church of England has recently published a new vision to become Christ-centred and Jesus-Shaped – a Church that is younger and more diverse, a Church of Missionary Disciples, A Church where Mixed Ecology is the norm – Humbler, Simpler and Bolder . Our Salisbury diocesan vision ‘Making Jesus Known’ with it’s five key priorities engages with this. At SML we align ourselves to the direction of travel of this overall vision as we refresh our own vision over the next few months. Alongside this, we recognise too that the Spirit of God will be working in unique ways in each locality and want to be open to His adventurous promptings for us a church family as we step into 2024.

On behalf of the PCC

Revd Canon Andrew Perry 8 February 2024

Page 10

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2023


INCOMING RESOURCES
(See Note 2)
Donations and legacies
Other Voluntary Income
Income from
Investments
Income from Church
Activities
Other income
TOTAL INCOMING
RESOURCES
RESOURCES USED (See
Note 3)
Church Activities
TOTAL RESOURCES USED
NET
INCOMING/(OUTGOING)
RESOURCES
Change in value of
investments
NET MOVEMENT IN
FUNDS
BALANCES BROUGHT
FORWARD
AT 1 JANUARY 2023
(2022)
BALANCES CARRIED
FORWARD
AT 31 DECEMBER 2023
(2022)		 Unrestricted
Funds
£
496,414
987
7,469
21,685
934
527,489
504,123
504,123
23,366
-
23,366
183,742
207,108		 Restricted
Funds
£
42,704
7,064
6,631
90,309
-
146,708
116,122
116,122
30,586
19,138
49,724
2,301,627
2,351,351		 Total
2023
£
539,118
8,051
14,100
111,994
934
674,197
620,245
620,245
53,952
19,138
73,090
2,485,369
2,558,459		 Unrestricted
Funds
£
481,779
433
2,366
12,520
-
497,098
479,719
479,719
17,379
-
17,379
166,363

183,742		 Restricted
Funds
£
38,768
17,637
6,213
58,820
-
121,438
103,899
103,899
17,539
(26,932)
(9,393)
2,311,020
2,301,627		 Total
2022
£
520,547
18,070
8,579
71,340
-
618,536
583,618
583,618
34,918
(26,932)
7,986
2,477,383
2,485,369

Page 11

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

BALANCE SHEET at 31 December 2023

FIXED ASSETS
Tangible fixed assets (Note 5)
Trust Investments - Salisbury DBF (Note 8)
CURRENT ASSETS
Stock
Debtors (Note 6)
Short Term Deposits -CBF Investments
Cash at Bank and In Hand
LIABILITIES:
AMOUNTS FALLING DUE WITHIN ONE YEAR
Creditors (Note 7)
Interest Free Loan (Note 7)
NET CURRENT ASSETS
AMOUNTS FALLING DUE AFTER ONE YEAR
Interest Free Loan (Note 7)
TOTAL NET ASSETS
FINANCED BY
Charitable Reserves at beginning of year
Change in value of investments
Net movement in funds for the year
Charitable Reserves at end of year
PARISH FUNDS
Unrestricted
Designated
Restricted		 2023
£
2,019,620
223,248
2,242,868
307
13,547
241,314
93,809
348,977
11,448
1,218
12,666
336,311
20,720
20,720
2,558,459
2,485,369
19,138
53,952
2,558,459
199,894
7,214
2,351,351
2,558,459		 2022
£
2,021,644
202,891
2,224,535
594
6,208
194,576
87,308
288,686
4,696
1,218
5,914
282,772
21,938
21,938
2,485,369
2,477,383
(26,932)
34,918
2,485,369
176,070
7,672
2,301,627
2,485,369

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

Revd Canon A. Perry (Chairman)

The notes on pages 13 to 25 form part of these accounts.

Page 12

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

Cashflow Statement for the year ended 31 December 2023

Net cash from operating activities
Cash flows from investing activities
(Purchase)/Disposal of investments
Dividends and interest
Purchase of fixed assets
Change in cash equity in reporting
period
Cash as at 1 January 2023
Net income (expense)
Depreciation charge
Dividends and interest
Decrease/(increase) in stock
Decrease/(increase) in debtors
(Decrease)/increase in creditors
Analysis of cash
Cash in hand
Short term deposits		 (1,219)
14,100
-		 2023
40,358
12,881
53,239
281,884
335,123
53,952
2,024
(14,100)
287
(7,339)
5,534
40,358
93,809
241,314
335,123		 (1,219)
8,579
-		 2022
35,262
7,360
42,622
239,262
281,884
34,918
2,024
(8,579)
66
6,343
490
35,262
87,308
194,576
281,884

Page 13

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

NOTES TO THE FINANCIAL STATEMENTS For the year ending 31 December 2023

1. ACCOUNTING POLICIES

The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise started in the relevant note(s) to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice (SORP (FRS 102)2019): Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Standard applicable in the UK and Republic of Ireland (FRS 102).

These accounts have been prepared on a Going Concern basis as there are no material uncertainties about the ability to continue.

The accounts are shown in Pounds Sterling

Funds

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

The purpose of any restricted funds is noted in the accounts.

The accounts include transactions, assets and liabilities for which the PCC can be held responsible. They do not include the accounts of church groups that owe an affiliation to another body nor those that are informal gatherings of church members.

Incoming Resources

Voluntary income and capital sources

Collections are recognised when made.

Amounts receivable under covenant are recognised only when honoured by the covenantor.

Income Tax recoverable on Gift Aid donations is recognised when claimed. This in effect means that tax recoverable on donations made up to 5 April 2023 has been claimed and received and included in these Accounts. Tax due on donations made to the Church from 6 April 2023 to 31 December 2023 will not be claimed until 2024 and therefore has not been included as income in these Accounts. This will be shown as income in the Accounts for the year ended 31 December 2024.

Grants and legacies to the PCC are accounted for when received.

Funds raised from events and activities are accounted for gross before expenditure.

Sales of books and magazines from the church bookstall are accounted for net.

Page 14

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2023

Incoming Resources continued

Other ordinary income

Rental income from the letting of church premises is accounted for when invoiced.

Parochial fees due to the PCC for weddings, funerals etc. are accounted for on an event by event basis.

Income from investment

Dividends and interest are accounted for when due.

Donated goods, facilities and services

Are accounted for when received

Application of Resources

Grants

Grants and donations are accounted for when paid.

Costs directly related to the work of the church

The Parish share is accounted for when payable and any share unpaid at 31 December is shown as a creditor in the Balance Sheet.

Fixed Assets

Consecrated land and buildings and moveable church furnishings

Consecrated and beneficed property is excluded from the accounts by the Charities Act 2011.

No value is placed on moveable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be an inalienable property. The cost of improvements to the Church spire is being depreciated over 40 years. All other expenditure incurred during the year on consecrated or beneficed buildings and moveable church furnishings, whether maintenance or improvement is written off.

Other land and buildings

Other land and buildings held on behalf of the PCC for its own purposes is valued at market value. No depreciation is charged against such properties but any expenditure or improvement is written off as incurred.

Page 15

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2023

Fixed Assets continued

Other fixtures, fittings and office equipment

Equipment used within the church premises is depreciated on a straight line basis over 4 years. Individual items of equipment with a purchase price of £1,000 or less are written off in the period in which the asset is acquired.

Material donated assets are accounted for when received. They are valued at fair value on date of receipt.

Investments

Investments are shown at market value at 31 December.

Current assets

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less any provision for amounts, which may prove uncollectible.

Short-term deposits include cash held on deposit either with the Central Board of Finance or at the bank.

Stock is valued at the lower or cost or net realisable value.

Loans

Funds have been released from the Investment known as “Garland Road” as an interest free loan, repayable over 40 years, towards the repair of Tower and Spire. This is to the value of £48,750 of which £28,030 has been repaid to date (£26,812 last year).

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St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2023

2. INCOMING RESOURCES

Voluntary Income (direct giving)
Planned Giving
Gift Aided Giving
Tax Recovered on Gift Aided
Giving
Non Gift Aid
Collections at All Services
Gift Days
Sundry Donations
Other Voluntary Income
Donations, Appeals etc.
Grants / VAT relief
Income from Church Activities
Bookstall
Centre Lettings etc
Wedding and Funeral Fees
Youth & Children’s Work
Men’s / Women’s Groups
Insurance Claim
Income from Investment
U.K. Dividends and Interest
(including Tax reclaimed)
TOTAL INCOMING RESOURCES		 Unrestricted
Funds
£
248,803
79,092
92,811
8,488
53,560
13,660
496,414
-
987
987
-
-
1,205
20,480
-
21,685
934
7,469
527,489		 Restricted
Funds
£
-
-
6,100
36,604
42,704
7,064
-
7,064
340
71,124
-
2,254
16,591
90,309
-
6,631
146,708		 Total
2023
£
248,803
79,092
98,911
8,488
53,560
50,264
539,118
7,064
987
8,051
340
71,124
1,205
22,734
16,591
111,994
934
14,100
674,197		 Unrestricted
Funds
£
263,349
72,465
75,306
9,252
45,690
15,717
481,779
-
433
433
-
-
701
11,819
-
12,520
-
2,366
497,098		 Restricted
Funds
£
-
-
6,050
-
-
32,718
38,768
17,637
-
17,637
238
51,649
-
3,302
3,631
58,820
-
6,213
121,438		 Total
2022
£
263,349
72,465
81,356
9,252
45,690
48,435
520,547
17,637
433
18,070
238
51,649
701
15,121
3,631
71,340
-
8,579
618,536

Page 17

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2023

2. INCOMING RESOURCES continued

Note:

The movement on Trust Valuation is the shift in investment valuation from the CBF during the year for the following Investment Funds

Garland Road
Opening Value
112,249
Additions
Change in Value
1,219
10,610

Closing Value
124,078		 Riddell
Longfleet Churchyard
87,687
2,955
-
8,250
-
278
95,937
3,233

Page 18

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2023

3. RESOURCES USED

Church Activities
Grants
Missionary and
charitable giving:

Church overseas:
missionary societies
relief and
development
agencies
Home missions/other
Church Societies
Pastoral Support
Fund
Support Costs
Youth and Children’s
Work
Men’s / Women’s
Group
Alpha & Evangelism
Directly Relating to
the Work of the
Church
Ministry: Parish
Share
Clergy Expenses
Other Clergy
Costs
Church - Running
Expenses
Church Maintenance
Expenditure on
Bookstall
Centre Running Costs
Professional Fees
Money Management
& Pastoral
Salaries
Church Management
and Administration
Administration:
Depreciation
Total Church
Activities Costs		 Unrestricted
Funds
£
11,050
3,341
14,000
28,391
33,376
-
6,562
39,938
131,267
7,937
1,067
37,017
17,762
-
-
240
1,221
218,109
414,620
18,569
805
19,374
502,323		 Restricted
Funds
£
-
2,230
1,875
6,730
10,835
890
12,264
13,154
-
3,419
-
-
2,500
477
36,518
-
-
48,000
90,914
1,219
1,219
116,122		 Total
2023
£
11,050
5,571
15,875
6,730
39,226
34,266
12,264
6,562
53,092
131,267
11,356
1,067
37,017
20,262
477
36,518
240
1,221
266,109
505,534
18,569
2,024
20,593
618,445		 Unrestricted
Funds
£
13,576
1,500
12,454
-
27,530
22,484
-
3,730
26,214
127,444
6,985
1,116
34,440
11,558
-
-
-
856
221,479
403,878
19,492
805
20,297
477,919		 Restricted
Funds
£
10,799
-
2,672
9,405
22,876
246
1,447
-
1,693
-
2,206
-
-
270
27,635
-
-
48,000
78,111
-
1,219
1,219
103,899		 Total
2022
£
24,375
1,500
15,126
9,405
50,406
22,730
1,447
3,730
27,907
127,444
9,191
1,116
34,440
11,558
270
27,635
-
856
269,479
481,989
19,492
2,024
21,516
581,818

Page 19

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2023

3. RESOURCES USED Continued

Total Church Activities
Costs Carried Forward
Governance Costs
Audit Fee
Total Governance Costs
TOTAL RESOURCES USED		 Unrestricted
Funds
£
502,323
1,800
1,800		 Restricted
Funds
£
116,122
-
-		 Total
2023
£
618,445
1,800
1,800		 Unrestricted
Funds
£
477,919
1,800
1,800		 Restricted
Funds
£
103,899
-
-		 Total
2022
£
581,818
1,800
1,800
504,123 116,122 620,245 479,719 103,899
583,618

Page 20

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2023

4. STAFF COSTS



Children & Youth
Office & Admin
Pastoral & Worship
Verger & Cleaning
Centre

Gross Salaries
Employers NI

Employers Pension Contribution
Paid to DBF		 2023
£
67,724
66,050
79,036
19,002
34,586
266,398
193,131
9,329

7,875
56,063
266,398		 2022
£
59,199
48,240
103,560
25,183
33,297		 2022
£
59,199
48,240
103,560
25,183
33,297
269,479








197,695
8,996
8,221
54,567
269,479

Average number of full time employees during the year was 4 (2022: 4) and part time was 9 (2022: 10) (Average full time equivalent: 8 (2022:8))

No employees received employee benefits of £60,000 or more in either year.

5. FIXED ASSETS FOR USE BY THE PCC

GROSS BOOK VALUE at 1 January 2023
ADDITIONS
at 31 December 2023
DEPRECIATION at 1 January 2023
Charge for the Year
at 31 December 2023
NET BOOK VALUE at 31 December 2023
at 31 December 2022		 Freehold
Land /
Centre
£
1,976,080
-
1,976,080
-
-
-
1,976,080
1,976,080		 Building
Improvements
£
69,432
-
69,432
25,479
1,219
26,698
42,734
43,953		 Furniture
&
Equipment
£
247,555
-
247,555
245,944
805
246,749
806
1,611		 TOTAL
£
2,293,067
-
2,293,067
271,423
2,024
273,447
2,019,620
2,021,644

The freehold land and buildings comprises the Church Centre located at Kingston Road, Poole. The Registered Owners are Salisbury Diocesan Board of Finance as Custodian Trustees for the Parochial Church Council of Longfleet who are Management Trustees. Building improvements includes the cost of improvements to the Church Spire. This is being depreciated over 40 years.

Page 21

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2023

6. CURRENT ASSETS

Debtors

Trade debtors
7. LIABILITIES:
AMOUNTS FALLING DUE WITHIN ONE YEAR
Creditors
Interest Free Loan
AMOUNTS FALLING DUE AFTER ONE YEAR
Interest Free Loan (repayable over 40 years)
2023

£
13,547
2023
£
11,448
1,218
12,666
20,720
20,720		 2022
£
6,208
2022
£
4,696
1,218
5,914
21,938
21,938

8. FIXED ASSET INVESTMENTS

Trust Investments held in the name of Salisbury Diocesan Board of Finance for the benefit of the Parish of St Mary Longfleet are as follows:

Garland Road Riddell Longfleet Churchyard

CBF Investments are held as follows:

Riddell - 50% for the vicar’s expenses, 50% to support the vicar’s ministry Accounts designated as per Title:



Opening market value
Additions

Change in market value

Closing market value
 2023
£

202,891
1,219

19,138
223,248
 2022
£
228,605
1,219
(26,933)
202,891

The market value is calculated by CBF Investments

9. CONTINGENT ASSET

As at 31 December 2023 a tax rebate in respect of covenants and donations made under Gift Aid totalling £43,332 is due to the P.C.C. (2022: £49,860) This claim will be submitted during 2024 and accounted for in the next Accounts.

Page 22

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2023

10. FUND DETAILS

Summary of restricted fund movements.

St Mary’s Longfleet
Original Centre Building
Centre Building Improvements
Centre Fixtures and Fittings
Garland Road
Riddell
Churchyard
Church Centre
Pastoral Support Fund
Sound
Sudan/Varna – Ukraine
Sunshines		 Balance
1/1/2023
£
62,005
500,000
1,171,708
11,528
120,417
94,772
3,668
319,328
7,052
11,149
-
-		 Income
£
59,730
-
-
-
3,697
2,842
88
71,124
6,100
1,500
478
1,149		 Expenses
and
changes in
investment
£
(70,969)
-
-
-
10,610
8,250
-
(36,518)
(6,730)
-
(478)
(1,149)		 Balance
31/12/2023
£
50,766
500,000
1,171,708
11,528
134,724
105,864
3,756
353,934
6,422
12,649
-
-
2,301,627 146,708 (96,984) 2,351,351

Prior Year summary of restricted fund movements

St Mary’s Longfleet
Original Centre Building
Centre Building Improvements
Centre Fixtures and Fittings
Garland Road
Riddell
Churchyard
Church Centre
Pastoral Support Fund
Sound
Sunshines		 Balance
1/1/2022
£
68,032
500,000
1,171,708
11,528
133,054
107,288
4,040
295,314
10,407
9,649
-		 Income
£
54,726
-
-
-
3,421
2,702
88
51,649
6,050
1,500
1,302		 Expenses
and
changes in
investment
£
(60,753)
-
-
-
(16,058)
(15,218)
(460)
(27,635)
(9,405)
-
(1,302)		 Balance
31/12/2022
£
62,005
500,000
1,171,708
11,528
120,417
94,772
3,688
319,328
7,052
11,149
-
2,311,020 121,438 (130,831) 2,301,627

Page 23

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2023

Details of restricted funds: Original Centre Building : for the use for the centre building Centre Building Improvement : for use on the improvements to the church centre

Centre Fixtures and Fittings : for use on the maintenance and replacement of centre fixtures and fittings

Garland Road : to be used for repairs and maintenance of the church Riddell : 50% for the vicars expenses or 50% to support the vicars ministry Churchyard : for ongoing maintenance and repairs of the churchyard Church Centre : for ongoing costs in running the centre Pastoral Support Fund : for the collection and payments of pastoral donations and expenses Sound : for sound system expenses

R2R Christmas : for the collection and payments of Christmas donations Sunshines : for the collection and payment of Sushine donations. Tear Fund: for the collection and payments of the Tear fund mission partner

Designated Funds

Included in un-restricted funds are £7,124 (2022: £7,672) designated to Mission Support

Summary of assets by funds

Fixed Assets
Tangible Fixed Assets
Trust Investments
Current Assets
Stock
Debtors
Short Term Deposits
Cash at Bank and in Hand
Liabilities
Creditors
Loan		 Unrestricted
£
806
-
-
-
225,442
4,598
(1,800)
(21,938)
207,108		 Restricted
£
2,018,814
223,248
307
13,547
15,872
89,211
(9,648)
-
2,351,351		 Total
£
2,019,620
223,248
307
13,547
241,314
93,809
(11,448)
(21,938)
2,558,459

11. TRUSTEES REMUNERATION AND EXPENSES

No trustee received any remuneration or expenses during the year for serving as a trustee of the charity (2022: Nil).

Page 24

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

NOTES TO THE FINANCIAL STATEMENTS continued For the year ending 31 December 2023

12. CONTROL

The Church is controlled by the trustees

13. INDEPENDENT EXAMINER REMUNERATION

2023 2022
£
 £
Examination fee 1,800 1,800

14. RELATED PARTY

There were no related party transactions during the year (2022: nil)

15. GOING CONCERN

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

Page 25

St Mary’s Longfleet Poole Annual Report for the year ended 31 December 2023

Independent Examiner’s Report Financial Statements Year Ended 31 December 2023

Independent Examiner’s Report to the Parochial Church Council of the Ecclesiastical Parish of Longfleet (St Mary’s) Poole

I report on the financial statements of Parochial Church Council of the Ecclesiastical Parish of Longfleet (St Mary’s) Poole for the year ended 31 December 2023, which are set out on pages 1 to 25.

Respective responsibilities :

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 and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 financial statements, 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 reasonable cause to believe that in, any material respect, the requirements to keep accounting records in accordance with section 130 of the Charities Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Date: ……20 March 24………

C Fairhall FCCA Newton Magnus Chartered Certified Accountants Arrowsmith Court Station Approach Broadstone Dorset BH18 8AT

Page 26