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The Parish of Christchurch, Bushmead, Luton in the Diocese of St Albans Registered Charity no 1130499

Trustees Annual Report and Financial Statements of the Parochial Church Council

For the year ended 31[st] December 2022

As presented to the Church Annual General Meeting On 23[rd] April 2023

Following Independent examination by

Mark Plane Whittaker Plane Ltd 78 Bute Street Luton

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LU1 2EY

1.0 Objectives and activities of Christchurch Bushmead

1.1 Charitable Purpose

The Parochial Church Council has the responsibility of cooperating with the incumbent, the Reverend Tim Madeley in promoting in the parish of Bushmead, Luton, the whole mission of the church, pastoral, evangelistic and social and the maintenance of the church building for public use and worship.

1.2 Public Benefit Statement

The Parochial Church Council is committed to enabling as many people as possible to worship within the building and to leading worship within the local primary schools within the parish. Worship sessions have also been arranged within local care homes.

Weekly church services are open to all who wish to join the regular congregation both on Sunday mornings and Wednesday lunchtimes when regular services are held and at times of the traditional festivals of Easter and Christmas. Since the Autumn of 2022 children’s sessions have moved from once a month to being available every week

In addition to church services social activities have been held that were open to the wider community. The building was let out on a regular basis and post Covid, this has slowly increased during the year. Most hirers are local organisations (U3A, Kumon Maths or other non-Anglican churches).

1.3 Activities undertaken.

Regular worship is offered every Sunday morning and Wednesday morning with a regular attendance of 60 on Sundays and 12 on Wednesdays.

The other activities included:

Home study groups

Thirst Café (ended early 2022)

Fitness Sessions

Mustard Seed Lunch Club

Men’s Breakfast

Ladies Breakfast

Youth and Children’s work

The Meeting Place (began mid 2022)

We have a pastoral support group that assist members of the church and community on a regular basis and they have been involved in some quite difficult and ongoing situations, but we have seen God at work in people’s lives in amazing ways.

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Further details of these activities can be found within the Annual Report attached to this report.

2.0 Achievements and Performance

The church employs one member of staff, the Vicar’s PA. The role involves supporting the Vicar in administrative tasks and looking after the hirers amongst many other things which are too numerous to list.

The church electoral roll for the period 1st January 2022 to 31st December 2022 stands at 62 members, 27 of whom are resident within the parish and 35 who are non-resident. During the financial year there was 6 additions, who are all resident in the parish and there were 4 removals of non-residents.

The church can elect two members by the church members, who attend the Deanery Synod along with the Vicar, although one post was vacant during 2022. We also have a church member who attends Deanery Synod as she is elected to Diocesan Synod. The Vicar is Assistant Area Dean of Luton and works with the vocations team of the Diocese of St Albans as Assistant DDO encouraging and supporting Christians to explore their vocation and calling. One of our members of Deanery Synod is the Deanery Treasurer.

3.0 Financial Review

3.1 Reserves Policy

The PCC operates with a policy of holding approximately two months’ cash to meet the normal monthly expenditure of the church council.

3.2 Statement of year end amounts and reserves

Total income	£ 98,609
Total expenditure	£ 89,731
Excess of Income over Expenditure	£ 8,878
Total Funds available to the church at 1st January 2023	£ 30,962

3.3 All Funds included.

The accounts include all funds that are run by the PCC.

3.4 Accounting Procedures

These accounts and the Gift Aid claim were prepared using the Donations Co-ordinator package from Data Developments. The financial statements produced at the end of this report have been printed directly from the package.

3.5 Statement of Going Concern

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The 2022 financial statements show an excess of income over expenditure of £8,878 which includes an exceptional item of £6,700. Through this improved result (even excluding the exceptional item), the strengthening of our room rentals post Covid 19 and the continued prudent use of funds, means the PCC remains optimistic of maintaining the balance between income and expenditure over the next few years

3.6 Financial Commentary

2022 has been another recovery year following the effects of Covid 19.

Income was up 11% overall at £98,609 with the welcome improvement in room hire to £12k (up from £5k in 2022) – a trend that seems to have continued in early 2023. Our hope is to return to the historic rental highs of £18k per annum which would provide extra financial stability. Thank you to all who financially support Christchurch (be that regular or ad-hoc giving) and to all our hirers.

Excluding the one-off pension write back our expenditure went up by 9%. There were no unusually large increases in particular costs, rather lesser increases across a number of cost types e.g outreach, caretaking, cleaning and our 10% mission giving. Our gas and electricity costs benefitted from a grant of £1279 in total of which £173 was taken in 2022 the balance of £1106 being carried forward into 2023.

We are pleased that we were able to pay our full parish quota for 2022. However there remains an outstanding balance of £17,074 for previous years.

In 2020 we provided for a S75 cessation payment to the Church Workers’ Pension Fund when we ceased to have any eligible members and when the fund was in overall deficit. The PCC entered into a deferment agreement and with the liquidity of the fund changing over time the charge was extinguished and consequently the provision was written back this year.

The 2022 Gift Day resulted in an amazing £8,265 being donated. The PCC has ear-marked this for the refurbishment of the disabled toilet and any balance potentially being used to refresh the furniture in the foyer. As the quotation exercise and actual work will not happen until 2023 the £8,265 (and any attributable Gift Aid) has been deferred into the 2023 accounts under normal accounting practice to match specific income with its linked expenditure. The amount is included in both the bank and creditors figures on the 2022 Balance Sheet

Thanks again to all those who care for the building and fabric of the church and my personal thanks goes to Juliet Johnson who has enabled the return to use of the Data Development package for our accounting – no small achievement as it included re-entering two years of transactions!

4.0 Structure, Governance and Management

4.1 Type of charity

The Parochial Church Council is an Excepted Charity

4.2 How trustees are recruited.

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The trustees for the Charity are the members of the church that are ex-officio due to the office held (Vicar and Church Wardens) and those members who are elected by the members of the church on the Electoral Roll of the Parish to serve on the Deanery Synod and the PCC

5.0 Structure, Governance and Management

5.1 Registered name of Charity

The Parochial Church Council of the Ecclesiastical Parish of Christchurch Bushmead, Luton

5.2 Working Title of Charity

Christchurch, Bushmead

5.3 Charity Registration Number

1130499

5.4 Venue and Administrative Address

2, Hancock Drive Bushmead Luton LU2 7SF

5.5 List of Trustees

Reverend Tim Madeley - Vicar Mr Dean Toney - Churchwarden - stepped down at AGM Mrs Wendy Peck – Churchwarden – appointed at AGM*

Dr David Dallinger – Churchwarden/Deanery Synod rep – appointed at AGM* Mrs Christina Pearce Miss Julia Miller Mrs Betty Adhokorie Mrs Helen Roche Mrs Doreen Watts Mr Brendan Roche - Treasurer (co-opted to the PCC) Mrs Jane Watts – PCC secretary Miss Juliet Johnson

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* Both churchwardens were members of the PCC before their appointment as churchwardens

5.5 Volunteers

We could not operate as we do without a large group of volunteers who assist with the many facets of services, the daily running of the Church and the different activities that take place.

6.0 Funds held as custodian trustee on behalf of others.

There are no funds held on behalf of others.

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Statement of Financial Activities

year funds	Unrestricted Restricted Endowment Total Prior funds funds funds funds total
Income and endowments from: Donations and legacies Income from charitable activities Other trading activities Investments Other income Total income Expenditure on: Raising funds Expenditure on charitable activities Total expenditure Gains / losses on investment assets Net income / (expenditure) resources before transfer Transfers Gross transfers between funds - in Gross transfers between funds - out Other recognised gains / losses Gains on revaluation, fixed assets, charity's own use Net movement in funds Total funds brought forward Total funds carried forward Represented by Unrestricted General fund Designated Endowment Letton Hall Sunflower Project Youth Weekend Restricted Agency collection Youth Work & Equipment	81,059 — — 81,059 80,364 17,445 31 — 17,476 8,252 — — — — — 74 — — 74 — — — — — 48
	98,578 31 — 98,609 88,666 1,216 — — 1,216 351 88,474 39 — 88,514 87,903
	89,691 39 — 89,731 88,254 — — — — —
	8,887 (8) — 8,878 411 82 — — 82 — (82) — — (82) — — — — — —
	8,887 (8) — 8,878 411
	20,681 1,402 — 22,084 21,672
	29,568 1,393 — 30,962 22,084 28,795 — — 28,795 18,273 — — — — — 328 — — 328 1,802 288 — — 288 462 156 — — 156 142 — (176) — (176) (207) — 1,569 — 1,569 1,609

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Balance sheet

	Total funds Prior year funds
Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand Liabilities Creditors: Amounts falling due in one year Net current assets less current liabilities Total assets less current liabilities Total net assets less liabilities Represented by Unrestricted General fund Designated Endowment Sunflower Project Letton Hall Youth Weekend Restricted Youth Work & Equipment Agency collection Funds of the church	7,392 8,774
	7,392 8,774 13,832 14,854 56,970 34,618
	70,802 49,472 47,232 36,163
	47,232 36,163
	23,569 13,309
	30,962 22,084
	30,962 22,084 28,795 18,273 — — 288 462 328 1,802 156 142 1,569 1,609 (176) (207)
	30,962 22,084

Statement of assets and liabilities

year	General Designated Restricted Endowment This year Last	General Designated Restricted Endowment This year Last	General Designated Restricted Endowment This year Last
Fixed assets - Tangible assets Plant, equipment chairs & furniture - Musical & lighting equipment - Totals Current assets - Cash at bank and in hand Bank current account - Petty Cash - Totals Current assets - Debtors Accounts Receivable - Totals Liabilities - Agency accounts Agency collections - Totals Liabilities - Creditors: Amounts falling due in one year Accounts Payable - Totals Grand total	5,612 — 1,780 —	— —	— 5,612 6,390 — 1,780 2,384
	7,392 — 46,521 8,788 297 —	— 1,362 —	— 7,392 8,774 — 56,672 34,432 — 297 185
	46,818 8,788 21,377 (7,545)	1,362 —	— 56,970 34,618 — 13,832 14,854
	21,377 (7,545) — —	— (31)	— 13,832 14,854 — (31) —
	— — 46,793 470	(31) —	— (31) — — 47,263 36,163
	46,793 470	—	— 47,263 36,163
	28,795 773	1,393	— 30,962 22,084

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Fund movement by type

Opening Incoming Outgoing Transfers Gains/losses Journals

Closing

— —	—	—	— — —
— — 462 —	— 173	— —	— — — — — 288
462 — 18,273 96,193	173 85,589	— (82)	— — 288 — — 28,795
18,273 96,193 1,802 2,385	85,589 3,928	(82) 68	— — 28,795 — — 328
1,802 2,385 142 —	3,928 —	68 14	— — 328 — — 156
142 — 1,609 —	— 39	14 —	— — 156 — — 1,569
1,609 — — 31	39 —	— —	— — 1,569 — — —
— 31	—	—	— — —
22,291 98,609	89,731	—	— — 31,138

Analysis of income and expenditure

						Total
	Unrestricted	Designated	Restricted		Endowment	This year
	Last year
INCOME AND ENDOWMENTS
Donations and legacies
0101 - Planned Giving - Bank Tax	40,793	—		—	—	40,793	39,345
Efficient
0110 - Planned Giving - Envelopes	1,815	—		—	—	1,815	1,316
Tax Efficient
0201 - Planned Giving - Bank not tax	9,271	—		—	—	9,271	6,207
efficient
0210 - Planned giving - Envelopes	2,910	—		—	—	2,910	3,689
not tax effic
0301 - Loose plate collections	3,843	—		—	—	3,843	1,837
0401 - Donations - Tax Efficient	490	—		—	—	490	3,003
0402 - Donations - not tax efficient	6,591	—		—	—	6,591	3,021
0405 - Gift Day - Bank Tax Efficient	100	—		—	—	100	6,475
0406 - Gift Day - Bank Not tax	—	—		—	—	—	2,080
efficient
0501 - Funds for specific external	—	—		—	—	—	—
causes GA
0502 - Funds for specific external	159	—		—	—	159	—
causes - Not
0510 - Funds specific church	20	—		—	—	20	—
activities
0515 - Discretionary Fund	184	—		—	—	184	27
0601 - Tax recoverable on Gift Aid	12,496	—		—	—	12,496	12,917

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0701 - Legacies 0801 - Grants 0901 - Other funds generated 1260 - Letton Hall 1265 - Sunflower Project Total Income from charitable activities 1211 - Parochial fees retained by PCC 1212 - Parochial fees for extras 1230 - Room Hire 1240 - Mustard Seed 1241 - Meeting Place 1250 - Events 1270 - Youth Weekend 1290 - Miscellaneous Total Other trading activities 1320 - Fund Raising Income Total Investments 1001 - Dividends 1020 - Bank and building society interest Total Other income 1280 - Youth Work & Equipment 1310 - Other Income Total	— — — — — — — 2,385 — —	— — — — —	— — — — — — — — — — 2,385 (95) — — 540
	78,674 2,385 1,598 — — — 11,981 — 2,880 — 314 — 238 — — — 432 —	— 31 — — — — — — —	— 81,059 80,364 — 1,629 1,929 — — — — 11,981 5,005 — 2,880 480 — 314 152 — 238 477 — — — — 432 208
	17,445 — — —	31 —	— 17,476 8,252 — — —
	— — — — 74 —	— — —	— — — — — — — 74 —
	74 — — — — —	— — —	— 74 — — — — — — 48
	— —	—	— — 48
INCOME TOTAL	96,193 2,385	31	— 98,609 88,666

EXPENDITURE

Raising funds

aising funds
1710 - Costs of applying for grants	—	—	—	—	—	—
1720 - Costs of stewardship	—	—	—	—	—	—
campaign
2240 - Mustard Seed	1,216	—	—	—	1,216	351
2241 - Meeting Place	—	—	—	—	—	—
Total	1,216	—	—	—	1,216	351
xpenditure on charitable activities
2101 - Salary - Parish Assistant	—	—	—	—	—	—
2103 - Expenses Clergy & vacancy	50	—	—	—	50	—
costs
2104 - Training/ Away days	80	—	—	—	80	46
2110 - Parish Share	52,909	—	—	—	52,909	53,359
2111 - Parochial Fees	928	—	—	—	928	1,375

Expenditure on charitable activities

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2112 - Parochial Fees - extras 2150 - Pastoral Care 2190 - Discretionary Fund 2250 - Events - Church 2260 - Letton Hall 2265 - Sunflower Project costs 2270 - See 2470 DO NOT USE 2280 - Alpha Course 2290 - Outreach Events & Publicity 2301 - Caretaking & cleaner costs 2310 - Routine cleaning & repairs 2320 - Servicing & major repairs 2331 - Utilities - Gas 2332 - Utilities - Electricity 2334 - Utilities - Water 2340 - Insurance 2350 - Catering Supplies 2401 - Salary - C&YP 2402 - NI & Pension costs for C&YP 2403 - Expenses for C&YP 2404 - Training / Away Days - C&YP 2405 - Pension - employers cessation Section 72 2450 - Youth & childrens work costs 2470 - Youth Weekend costs 2480 - Youth work equipment 2510 - Worship costs 2520 - Messy Church 2530 - PA & Technical 2535 - Depreciation 2550 - 10% Giving 2555 - Giving for specific external causes 2580 - Gifts for visiting speakers 2601 - Salary - Administrator 2602 - NI & Pension costs for Administrator 2604 - Training / Away days - Administrator 2620 - General Administration costs 2630 - Telephone 2650 - Licences Subscriptions DBS checks 2680 - Sundry Admin Costs 2690 - Governance costs examination/audit fee 2701 - Church major repairs - structure Total	— — 48 — — — 119 — (259) 3,928 — 173 — — — — 1,398 — 2,310 — 1,349 — 2,470 — 1,551 — 1,113 — 282 — 863 — 881 — — — — — — — — — (6,700) — 185 — — — — — 1,425 — — — — — 1,381 — 9,471 — 159 — 36 — 9,434 — 45 — — — 1,317 — 334 — 64 — 518 — 600 — — —	— — — — — — — — — — — — — — — — — — — — — — — — 39 — — — — — — — — — — — — — — — —	— — — — 48 101 — — — — 119 477 — 3,668 — — 173 77 — — — — — — — 1,398 327 — 2,310 1,803 — 1,349 1,048 — 2,470 1,971 — 1,551 1,020 — 1,113 1,453 — 282 88 — 863 818 — 881 117 — — — — — — — — — — — — — (6,700) — — 185 — — — — — 39 — — 1,425 1,024 — — — — — 45 — 1,381 1,381 — 9,471 8,846 — 159 — — 36 24 — 9,434 9,434 — 45 81 — — — — 1,317 918 — 334 452 — 64 696 — 518 312 — 600 600 — — —
	84,372 4,101	39	— 88,514 87,903
EXPENDITURE TOTAL	85,589 4,101	39	— 89,731 88,254

GRAND TOTAL	10,604 (1,716)	(8)	— 8,878 411

The financial statements were formerly approved by the Parochial Church Council on 16[th] April 2023 and signed on its behalf by

Brendan Roche PCC Treasurer

David Dallinger Churchwarden/Acting PCC Chairman

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Notes to the accounts

1. Accounting Policies

The financial statements have been prepared in accordance with the Charities SORP (FRS 102).

Funds

General Church Funds represent the funds of the PCC and are not subject to any restrictions on their use and are available for application for the general purpose of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

Where a fund is raised for a specific purpose, e.g. the Youth Work and Equipment Fund, the assets are restricted and held to be used for the specific purpose for which the fund was raised. Any income earned on these assets is added to the fund.

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 or those that are informal gatherings of church members.

Incoming Resources

Voluntary income and capital sources

Collections and donations are recognised when banked. Income tax recoverable on Gift Aid donations is recognised when the income is recognised and included in the financial statements as a debtor if not received at the year end. Grants and legacies to the PCC are also accounted for when the funds are received. Fundraising for specific causes represents collections designated for those respective causes.

Income from investments

Interest is recognised when received.

Resources Used

Activities directly relating to the work of the Church

The Diocesan Parish Share is accounted for when payable. Any common fund unpaid at the year-end which has not been waived by the Diocese Board of Finance, is provided for in the financial statements as an operational (although not legal) liability and is shown within creditors on the balance sheet. At 31st December 2022, £17,074 relating to 2021 and prior was outstanding.

Fixed Assets

Consecrated land and buildings and movable church furnishings

Consecrated land and beneficial property is excluded from the financial statements by S96 (2) (a) of the Charities Act 2011.

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No value is placed on movable church furnishings held by the Churchwardens on special trust for the PCC. The PCC considers this to be inalienable property.

Equipment

Individual items of equipment with a purchase price of £250 or less are written off when the asset is acquired.

Depreciation

Depreciation is provided to represent the consumption of the asset at the following rates on a straightline basis:

Asset Type	Depreciation rate per annum
Equipment, chairs and furniture	10%
Musical, PA and lighting equipment	10%
Computers and IT equipment	20%

Current Assets

Amounts owing to the PCC at the year-end are shown as debtors less any provision for amounts that may prove to be uncollectable.

Current Liabilities

Current liabilities represent amounts to be paid as donations or grants (mission giving) to causes approved by the PCC, outstanding Parish Share or amounts owed for goods or services provided which are unpaid at the year-end.

2. Wages and Salaries

Wages and Salaries Employer’s NIC Pension Contributions	2022 2021 £ £ 9,434 9,435 45 81 9,479 9,516 -6700 -
	2,779 9,516

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The Reverend Tim Madeley is employed and paid by the Diocese and his employment costs are recovered by the Diocese through the Parish Share. During the year the church employed 1 (2021 – 1) member of staff, the Church Administrator.

With the Church Workers Pension Fund once again becoming fully funded the potential £6,700 Section 75 employer cessation event charge first provided in the 2020 accounts has been formally cancelled by the pension provider.

3. Fixed Assets

----- Start of picture text -----
Equipment, Musical, PA Computer
chairs & and lighting and IT
furniture equipment equipment Total
Cost
Bought forward at the start of the year 33119 26015 1320 60454
- - - -
Additions during the year
- - - -
Disposals
Carried forward at the end of the year 33119 26015 1320 60454
Provision for Depreciation
Bought forward at the start of the year 26729 23630 1320 51680
Provision for the year 778 604 0 1382
- - - -
Disposals
Carried forward at the end of the year 27507 24234 1320 53061
Net book value at beginning of year 6390 2385 0 8775
Net book value at end of year 5612 1781 0 7393
----- End of picture text -----

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2022-12-31-accounts