Parochial Church Council of The Ecclesiastical Parish of St. Nicholas, North Walsham Approved working name: North Walsham P.C.C Annual Report and Accounts For the Year Ended 31 December 2023 Registered Charity Number 1130505
The Church of St Ni¢holas, North Walsham A¢¢ounts For the year ended 31 December 2023 Contents Page Report of the Parochial Church Council Report of the Independent Examiner Statement of Financial Activities Balance Sheet Notes to the Financial Statements 8-15
Z023 Annual Report and A¢¢ounts for the Parochial Church Coun¢ll of the E¢¢leslastl¢al Partsh olst Nl¢holas Church, North Walsham. Registered Chaiity No. 1130505 Approved workln8 name North Walsham P.C.C, The Parochlal Church Councll {PCC) presents Its annual report and the financial stslements of ihe Church forthe year ended 31 De¢ember 2023 Reference and admlnlstratlve Infomiatlon Church and correspondence addres&. St Nichola5 Church. Market Place, North Walsham, NR28 9BT prtest In ¢ha¥8e: The Rev David Wamer 28a Yarmouth Road, North Walsham, Norfolk, NR28 9AT Churchwardens: Roger Bu¢k- Deceased 16 March 2024 Chris Hargest (from April 20211 Ex4rfficlo Offlcers- (non voting) Sheila Ford Anna Bright PCC secretary PCC treasurer Elerted Members: Shella Paterson from APCM 2021 Petra Durham From APCM 2021 Hilary Lawler From APCM 2021 Fellcity Christian From APCM 2021 Chris Sherman From APCM 2021 rim Blyth From APCM 2022 David Minns From APCM 2022 Drstephen Whittleton From APCM 2022 Representstlves on the St Benet at Waxham and Tunstead Deanery; Dr Stephen Whittleton Glenda Bocon Roger Buck from APCM 2021 from APCM 2023 Deceased 16 March 2024 Independent examlner: Sexty and Co. Chartered Certified Accountants and Registered Auditors 124 Thorpe Road Norwich NRI IRS Page l of 15
The Church of St Nicholas, North Walsham Report of the Parochlal Church Councll (Contlnued) For the year ended 31 December 2023 5TRucfuRE, GOVERNANCE & MANAGEMENT The PCC 15 a body corporate IPCC Powers Measure 1956, Church Representstion Rules 2CK61 and a charity currently registered with the Charity Commission, no. 1130505. Members of the PCC are either ex officio. elected by the Annual Parochial Church Meeting IAPCMI or co-opted in accordance with the Church Representation Rules. All current members are trustees of the charity. PCC members are responsible for making decisrons on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. The PCC is also Specifical responsible for the malntenance of the Church of St Nlcholas together wtth the adlacent Church Halls complex. During the year there were no signifi(ant transactions involving PCC member5 or dosely related perso StandlNd Commlttee The PCC operates with assistsnce of the Standing Committee which is made up of the Vicar, the churchwardens, the treasurer and two elected PCC members (Hilary Lawler and Chrls Sherrnanl, along with TIM Blyth and Peter Tobitt who act as finance members and asslst the standing committee. It Is responsible to the PCC. and rninute5 from the meetings are presented to the PCC at each meetirg. The Standing Committee progresses Outstanding matters ar makes recommendations to the PCC. Oblertlves & Artivities The prirnaryobjectlveofthe PCC isthe pmmotionofthe G05pelof ourLordJesusChristactordingtothedottrines and practi5 of the Church of England. The PCC is required to cooperate with the incumbent, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistiG social and ecumenical. Public Benefrt The tlllStees confirm that they have complied with the duty in section 17 of the Charitie5 Act 2011 to have due regard to the Charity Commission's general guidance on public benefrt, 'Charities and Public Benefit,. The PCC promotes the whole mission of the Church through the following activities- regular public worship open to all; the provision of sacred space for personal prayer and contemplation: pastoral work Includlng visltlng the sick and the bereaved; teaching of Christianity through sermons, courses and Small group5,' promotion of Christianitythrough staging events and meetings (some ecumenicall, and the distribLrtion of literature- supporting other charlties in the UK and overseas,. promotin8 an interest in music through concerts and recitsls, the training of chorister5 and adult singers; and the provision of Christian hospitality, re*reshment and friendship to visitors via our Church Halls. Our Halls are also made available to a number of speclal needs groups. We try ro make the church as open and acce55ible as P055ible throughout the daylight hours for both chuich members and the wider community. A¢hievements and Perfornwn¢e', Church Attendance The weekly Sunday attendance was 11212022: 851 adults and 1212022.. 121 children The totsl numberof communicants on Easter Day was 19712022.. 1751 The totsl numberof communicants at Christmas was 17212022: 1391 while the totsl number of attendee5 Christma5 Eve and Christmas Day was 70012022- 5331 There were 18 {2022: 141 baptisms and 1312022.. 271 funeral services held in church and a further 2312022- 13} taken at the local crematorium. There were 412022.. 61 weddings. Page 2 of IS
The Church of St Nicholas, North Walsham Report of the Parochial Church Council (Contlnued) For the year ended 31 December 2023 Achievements and Performance (contlnued): Elertoral Roll There are 123 on the Church Electoral Roll as at Aprll 2023. The Buslness of the PCC 2023 The PCC 15 updated on Safe8uardin8 at every meeting and followed feguardIng and GDPR requirements. Flnanclng The Statement of Financial Activities for the year is set out on Page 6 of the financlal statements. A summary of the financial results is as follows. The net Incomlng resourcesforthe year amounted to £lll,011 {2022: £105,198). Total resources expended were £110,26612022- £95,584) resulting in a net surplus of £1,46512022= £8,594) The surplus has been added to the relevant fvnd balan$ brought fomard and at the balance sheet date. totsl funds amounted to £58.71012022.' £57,245). Revi of the Yèar 2023 saw a year of greater stability) as the shadow of Covid receded, congregations and visitors retumed in earnest, and our addltional financial controls, begun In 2022 really took effect. Con8regations continued steadily to grow, and we were able to engage our own organist once again, and Matthew Bond has already contributed hugely to our worshipping life. With no major works required, regular maintenance continued on the church building, and we were delighted to recelve grant funding to replace the heating in the church halls for reliable, effertive and efficient heaters- the halls were extensively used as a communlty resource. 2023 was Coronation year and St Nicholas was centre stage for the town's marking of thi5 extraordinary event - the windows lit up with red, white and blue and huge screens and speakers brought the service live from Westminster to the hallowed arches of North Walsham- there aren't many 'firsts' left when a bulldlng Is as old as St Nicholas. but thls was indeed a first - we welcomed hundreds on the day. and to the civic service, and to the volunteerinB events- all of this was 5UPPOrted and enabled by the Town Council and we continue to work closely together to serve our communlty. Our vmrshipping life on Sundays is only part of the story- the church is used by countless folk each and every dav. for reflectlon and quiet and for larger events too funerals, baptlsms, weddings: we are always open, always available, and always ready to seThe. We are grateful to all those who work hard, publicly and privately, to support our life, our outreach and our ministry - our fete and Children'5 day are significant 'earners' as well as vitsl fundraisers- fundraising is a constant and never gets easler. but we shall go onl Atross the year we have 50U8ht to broaden our pastordl offering, Into schools, hospital and care home5. and 2024 promises the authorisation of a new pastoral team. to take up the baton from the far-sighted and effective Alongside Team. Pastoral care of our community is our central, fundamental and essential purpose. The end of 2023 was overshadowed for us as Roger Buck became ill and Valerie was prevented from worshipping wlth us - these two faithful servants, amongst so many who have given so much, remain in our prayers. We go forward, with much to be grateful for, much to offer. and much to hope in. We have a story folk want to hear, a place they want to see. and a Saviour who remains faithful in good times and bad, Thank you, all of you, for your part in telling that story. Page 3 of 15
The Church of St Nicholas. North Walsham Report of the Parochial Church Council {Contlnued) For the year ended 31 December 2023 Parochlal Church Coun¢ll responslbilities The PCC members are responsible for preparfng the Trustees, Annual Report and the financial statements in accordan wf(h applicable law and United Kingdom Accounting Standard5 (United Kingdom Generally Accepted Accountin8 Pract11. The trustees are required to prepare financial statements for each financlal year, whlch give a true and fair view of the state of affairs of the charity and of the incomlng resources and application of resources. including income and expenditure of the charity for that period. In preparing these ftnanclal statements, the trustees are reqUId to: select sultable accountlng pollcles and then apply them consistently; observe the method5 and principles in the Charities SORP,. make judgments and estlm3tes that are reasonable and pwdent," state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explalned In the financial statements. and prepare the financial statements on the going concem basis, unless It is Inappropriate to presume that the charltable company wlll continue In operation. The PCC member5 are responsible forkeeping adequate accounting records thatdisclose wlth reasonable accuracy at any time the financial posltion of the charlty and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charitable charity and hence for taklng reasonable steps for the prevention and detection of fraud and other irregularitles. Independent Examlner Mr A Orves FCCA FCA is willing to continue as independent examiner. A proposal gardingthe reappointment of Mr A Orves FCCA FCA will be madeat the forthcomlngAnnual parochial Church meeting. Approved bv the PCC.... and slgned on thelr behalf by: The Rev David Wamer- Priest in charge Mr Chris Hargest- Churc wa Page 4 of IS
The Churth of St Nicholas, North Walsham Independent Examlnerfs Report to the Parochial Church Council of the Church of St Nicholas. North Walsham For the year ended 31 December 2023 I report to the charity trustees on my examination of the account5 Qf the charity for the year ended 31 December 2023 which are set out on pages 6 to 15. Responsibiliti and basis of report As the charity's trustees you are responsible for the preparation of the accounts In accordance wlth the requirements of the Charities Act 20111'the Act'l. I report in re5pert of my examination of the chartys accounts carrled out under sectSon 145 of the Act and In carrying out my examination I have followed all the applicable Dirertions given by the Charity Commission under sertlon 14515)Ibl of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attentk)n In connectlon with the examination giving me cause to believe that in any material respett: accounting records were not kept in respert of the charlty as requlred by 5ertlon 130 of the Act,. or the accounts do not accord with those records- or the accounts do not comply with the applitable requlrements conternlng the form and content of accounts set out in the Charities {Accounts and Reportsl Regulations 2008 other than any requirement that the accounts give a 'true and fair Vie which is not a matter considered as part of an independent examination. I have no concerns and have come acr055 no other matters in Connection wlth the examlnation to whlch attentlon should be drawn in this report in order to enable a proper understandin8 of the accounts to be reached. A Orves FCCA FCA For and on behalf of Sexty & Co Chartered Certified Accountsnts and Registered Auditors 124 Thorpe Road Norwlch NRI IRS Page 5 of 15
The Church of St Nlcholas, North Walsham Statement of Financlal Actlvltles For the year ended 31 December 2023 Total 2023 Totsl 2022 Note Unrestrirted Designated Restrlded INCOMING RESOURCES All givin& voluntary & ollertion receipts Planned gNing Donatlons Grant5/VAT Reclaimed Gift Aid recovered Investment Income Fee5 weddinglfunerals Churth activities Trading income Other Income 9.597 29,951 4.819 1.250 9,549 58 3,481 7,930 19,710 2,392 9,597 29.951 5,309 iO,CK)O 9.629 58 3,481 9,207 31.387 2,392 9,660 31.519 12,916 1,886 10,879 227 4.102 9.214 22,803 1,992 5b sc Sd 490 8,750 se sf 632 2,825 645 8.852 Total in¢omlng resources 88,737 12,207 10,067 iii,oii 105.198 RESOURCES EXPENDED Parish share Clergy and staffing costs Church running expenses Church trading costs Mission giving and donations Building work and repairs Other expenditure Cost of generatin8 funds 34.610 8.889 16.445 13,055 34,610 8,889 16,445 23.883 31,529 8,208 20.952 11,796 6a 6b 6c 10,828 3,956 3,033 490 15.956 ioi 2,160 743 22,072 3.877 490 16.493 6e 918 Total resources expended 80,478 16,057 13,731 110,266 95,584 Increase I Idecrease) in funds 8,259 13,8501 13.6641 745 9.614 Increase / (decrease) in market value of investment 720 720 (1,0201 NÈt increase / (decrease) in funds 8,259 13,8501 (2,9441 1.465 8.594 Reserye$ brought forward at l January 2023 9.521 15,835 31,889 57,245 48,651 17,780 11,985 28,945 58.710 57,245 Transfers (6,429) 3.412 3,017 Reser¥es carrled forward at 31 December 2023 11,351 15,397 31,962 58,710 57,245 Page 6of15
The Church of St Nicholas, North Walsham Balance Sheet For the year ended 31 December 2023 2023 2022 Hxed Assets Investments 8,364 7.644 Current a55et5 Debtors & prepayments Cash at bank and in hand 8.907 63.927 3,324 67,917 Totsl current assets 72,834 71,241 Current liabilitie5 Creditors amounts falling due wlthin one year io 22.488 21,640 Net current a55ets 50,346 49,601 Total net assets 58,710 57,245 Parlsh funds General Designated li li 11,351 15,397 9,521 15,835 Total unrestrirted 26,748 25.356 Restricted li 31,962 31,889 Total funds 58.710 57.245 Approved by the Pamchlal Church Councll onl*.YK(&sW..4.. and signed on its behalf by:" The Rev D Warner- Priest in Charge= ........ Mr Chris Har8est- Churchwarden- Page 7 of 15
The Church of St Nlcholas, North Walsham Notes to the Flnanclal Ststements For the year ended 31 December 2023 ACCOUNTING POUCIES Ila) Basls of preparatlon These accounts Ifinancial ststementsl have been prepared under the h15torlcal cost convention wlth iterns recogni5ed at cost or transactlon value unless otherwise stated in the levant notes to these accounts. The financial statements have been prepared in ardance with the Statement of Recommended Practlce.. AccountinB and Reporting by Charities preparlng thelr accounts In actordance with the Financial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and Financial ReportlnB Standard appllcable In the United Kingdom and Republic of Ireland IFRS 102} and Charltles Att 2011. The charity constitutes a public benefrt entity as defined by FRSIO2. Investment assets are Shown at tsir value at the year end. These accounts are prepared on an accruals bas15 and Include all transactions, assets and liabilitles for whlch NWPCC is, in law, Te5ponsible. These account5 exclude the accounts of church 8roups le.g. Mothers Union) where these are affiliated, mainly* to another body, or where these are informal groups of Church members. Ilbl Flxed Assets Consecrated and benefice propertles are not Included In the accounts in accordance with SIO12} lal and Icl of the Charities Act 2011. Moveable Church furnlshlngs. plate, etc. held by the Vlcar and Churchwardens on special trust and which require a f?culty for disposal are inalienable property. These are Ilsted In the Church's Inventoryi and may be n5perted at reasonable notice. Income received which is specifically dlrerted to the acqulsltlon or Improvement of Church property, furn15hlngs or fabric is recognised in the Church a¢count5 when received and the corresponding expenditure is shown in the church account5 when It Is Incurred. Any small value items are normally written off as Incurred. l{cl Reserves It is the pollcy of the PCC to: Use reserves In practital ways that promote and sustsin the p?storal, evangellcal, soclal and etumenical mission of the Church rather than holdln8 on to them unnecessarily or without specific purpose. It wishes to demonstrate the principles of accountsblllty and transparency by cleady stating its intentions to the congregation and the communlty which it serves. It is a150 policy to revlew all reserves at least annually with a view to bringing forward suitable expenditure projects or (where permissible in lawl re-assignin8 balances. Ildl Incomlng Resources Collection5 and donations are recognised when made. Income Tax recoverable on gift aid donations is reco8ni5ed when the Income is reco8nised. Income from the letting of church premlses is accounted for when earned. Funds raised by the fete and similar event5 are accounted for gr05S. Sales of book5 and magazines from the church bookstall are accounted for gr05S. Parochial Fees due to the PCC for weddings, funerals etc are accounted for on an event by event b3SIS. Government grants are recognised when the charlty has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entltlement Is not met then these amounts Bre deferred. Pa8e 8 of 15
The Church of St Nicholas, North Walsham Notes to the Financial Statements {Continued) For the year ended 31 December 2023 2. Investments 21al The PCC has ownershipi through Norwlch Diocesan Board of Finance Ltd, of 370 Income shares in the C8F Church of England Investment Fund. The value of the shares together wlth Income arlslng from year to year 15 Re5trirted forthe purpose of ¢ontributin8 to the cost of the Incumbent's expen5e5. 21bl Resees, where practical, are Invested In the CBF Church of England Fund to attratt a return. 21cl The PCC does not normally invest separately for each fvnd, such that. where there is no separate Investment, Interest Is apportioned pro rata to fund balances. 3. Creditors Creditors shown on the balance sheet are amounts falling due within one year and include any Contlngent Liability arising from contracted services at Valuation for whlch no demand for payment has been received. 4. Debtors Debtors shown on the balance sheet Include any contingent Asset arising from amounts due in respert of agreed grant claims from Grant Making Bodies where payment has not been received. Page 9 of 15
The Church of St Nicholas, North Walsham Notes to the Flnanclal Statements {Continued For the year ended 31 December 2023 5. INCOMING RESOURCES {Detall) Totsl 2023 Total 2022 Unrestricted Deslqnated Restricted General Collectlons Collertions Gift Aided 6,734 2,863 6,734 2.863 6,790 2,870 9.597 9,597 9.660 5b Giving (standing orderl Giving lenvelopesl 27,104 2,847 27,104 2,847 28,424 3,095 29.951 29,951 31.519 Wallboxes Donations Candles Donations- General Donations- Gift Aided South porch repairs Website donations 1,924 1,151 1.744 1,924 1.151 1.914 320 1.978 774 4,515 4,849 800 170 320 4.819 49) 5,309 12,916 Sd VAT Reclaimed Grants- Norwich Diocese 1,886 1,250 8,750 10,000 1,250 8,750 10,000 1.886 Coffee mornlng Church Fete Flower Fund Music Fund Audio Trial Bookstall Fabric Fund Other fundraising 1.221 1.665 131 1,352 1,665 507 2,328 1,670 341 30 12 455 995 3,383 507 518 114 518 114 5.044 7,930 632 645 9,207 9,214 Sf Halls Rental income Halls Grant Income- MNDC Halls Other income Halls Fundraising Income Church Rental Income Magazlne 19,710 19.710 7,162 18,099 7,162 474 534 2,303 1,393 1.690 1.690 2,303 522 2,303 522 19,710 2,825 8,852 31,387 22,803 Page 10 of 15
The Church of St Nicholas. North Walsham Notes to the Flnanclal Statements {Continued) For the year ended 31 December 2023 6. RESOURCES EXPENDED (Detail) Total 2023 Total 2022 Unrestrlcted Deslgnated Restricted Clergy expenses Salarles/honorarla 940 7,949 581 7.627 7,949 8.889 8.889 8.208 6b Gas & electricity Cleaning SeNice Costs Telephone. stationery Accountlng costs Insurance 4,699 98 649 4,699 98 649 7,823 40 1.047 Printing 3.627 1.290 6,082 3.627 1.290 6,082 4,190 1.465 6,387 16.445 16.445 20,952 Halls Salaries Halls Gas & Electrlclty Halls Cleanin8 Halls Maintenan Halls Water Rates Halls Sundry Running Costs Halls Equipment 6.790 4,102 1.257 622 1621 346 6,790 4.102 1,257 3,492 1621 346 7,958 6,285 2,169 740 1,264 325 1.013 2,870 7,958 13,055 10.828 23,883 11,796 Church Maintenance Church Equlpment 3,338 618 15,956 2,160 21,454 618 16.425 68 3,956 15,956 2,160 22.072 16,493 Page 11 of 15
The Churth of St Nlcholas, North Walsham Note5 to the Flnanclal Statements {Contlnued) For the year ended 31 December 2023 6. RESOURCES EXPENDED {Detall)/Contlnued Total 2023 Total 2022 Unrestrl¢ted Deslgnated Restrfrted Organ Tuning Sundry expenses Bank charges Books/Registers Magazine Church flowers ChoSr expenses & Muslc Audio & Video Equipment 920 1,524 61 401 920 1,524 61 502 852 1.716 82 69 21 675 229 ioi 743 743 127 127 3,033 ioi 743 3,877 7. Staff Costs During the year the PCC employed 3 {2022: 31 people, none of whom earned £60,000 pa or more. 8. Governance Costs Independent Examination fees £85212022: £850) included in note 6b of resources expended. 9. Debtors and prepayments 2023 2022 Halls rental fee5 Other debtors 568 2,966 5.373 8,7 Gift Aid reclaim 1,540 1,784 3,324 10. Creditors and accruals 2023 2022 Diocean Board Fees Parish Share 7,S69 7,986 Trading creditors Charitable collettlons to be paid 4.422 4,645 4.009 4,645 21,640 21,636 Page 12 of 15
The Church of St Nichola5, North Walsham Notes to the Flnanclal Statements {Continued) For the year ended 31 December 2023 11. PARISH FUNDS SUMMARY Openlng balances Incomlng Rosources Outgoing Resour¢e$ Transfers Closing Balances Unrestrlcted fvnds General Church Halls 9,521 69,027 19.710 167.4231 113.0551 226 16,655} 11,351 Total Unrestrirted 9.521 88,737 180.4781 16,4291 11.351 Deslgnated Funds General reserve fund Church fabric fund Energy Fund Bookstall Magazine Legacies Community growth fund 3.226 8,730 13,2261 8,638 2,417 8,750 518 522 111,3961 14,5601 {ioi) 8,389 4,190 765 994 29 1,030 1,348 1.472 29 1,030 11,0001 11,0001 Total Desl8nated 15.835 12,207 {16.057) 3,412 15,397 Re5trIrt funds Clergy endowment Halls development Fabric fund Roof repair fund South Porch Repair Fund Collectlon for others Audio trail Archives Music Fund Youth Work Fund Flower fund 720 8,853 701 8.364 12,267 4,309 10,914 5.768 311 988 1,240 715 76 2,694 1,223 316 110,828 12,160) 3,328 13111 988 1,240 722 76 2,694 1,223 506 (7431 Total Restricted 31,889 10,787 113,7311 3,017 31,962 Tolal Fund$ 57,245 111,731 (110,2661 58,710 Page 13 of IS
The Church of St Nicholas, North Wa15ham Notes to the Flnandal Statements (Contlnued) For the year ended 31 December 2023 Parf$h Fund$ IDetsll} Balance UNRESTRICTED FUNDS General Fund This is the main fund through which resources the day to day operatlons of the Church. The Church Costs more than £700 to run each week, 11,351 Halls Fund This IS the fund through which resource5 the day to day operations of the Church Halls. Any exce55 monies are spltt 50150 between the Halls Development and Church Fabric Funds DESIGNATED FUNDS General Fund Reserve This fund is to cover payments in the event of a financial emergency. During the year it was felt that There Is sufficient funds with the unrestricted and other deslgnated funds to Cover any emergencles. The funds were transferred to the general unrestricted fund. Church Fabrlc Reserve This fund, together wtth the Church Fabric Fund {Re5tricted) comprise the fabric resee. The fund is created from resee$ to underwrite works on the church buildings. 8,389 Ener8y Fund This funds was created during the year following the receipt of a grant from The Diocese of Norwich, towards increasing energy costs. 4,190 Bookstall This funds a bookstsll creating interest within the church and offering materièl in support of the Church's mission. 765 Ma8azlne The Church magazine N.E.W.S is an important means of OutaCh to the local community. 994 Legacles A leE3CV was received In the year whlch the famlly requested was used for a glven purpose. At the year end a small balance remained to be spent. 29 Communlty Growth Fund This fund is used to bring together various factions within the town i.e. North Norfolk District Council, Regenerate North Walsham, Communlty Centre, Funday ett. 1.030 REsfRICTED FUNDS Clergy Endowmenl The Church holds shares, administered through the Diocese, in the Church Board of Finance Investment Fund. The fund was devlsed to contrlbute to the expenses of the incumbent. 8,364 Halls Development This fund. with the restricted fund of the Same name, is for the constant update and maintenance of the Church halls to meet the requirements of a wide variety of users. 12.267 Page 14 of 15
The Church of St Nlcholas, North Walsham Notes to the Financlal Statements {Continued) For the year ended 31 December 2023 Parlsh Funds (Detail contlnued) Fabric Fund This fttnd is for the repair and Maintenan of the fabric of the church. 4.309 Collertion for Othèrs Thls represents the monies the church collerts foi other or8anisations/charities. 1,240 Audlo Trall This fund is for the maintenance and replacing the audlo trail equlpment, which Provides vlsitors with n audio guide to the Church and it history. 722 Archives Thls fund is for preSeIng the Parish ArchNe. 76 Mu$ic Fund This fund supports the choir tour5, training, fellowshipi social needs. the provision of muslc and general needs. Thisfund was previously known as the Choir & Muslc Fund. During the yearThe Trustees renamed the fund Music Fund as they felt this to be a more appropriate title for the fund. 2,694 Youth Work Fund This fund is supporting the youth activities wlthin the church. This fund was previously know as the Youth Evangelism fund. During the year the Trustees renamed the fun Youth Work Fund as they felt thls to be a more approprlate title for the fund. 1,223 Hower Funds Thi5 15 the Cash account for the provision of church flowers. 79 South Porch Repalrs Thi5 fund is for the South Porch repairs needed 988 Totsl Funds 58.710 Page 15 of 15