REGISTERED CHARITY NUMBER: 1130584
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
FOR
CHRIST CHURCH BRIDLINGTON PCC
CHRIST CHURCH BRIDLINGTON PCC
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 15 |
CHRIST CHURCH BRIDLINGTON PCC
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2023
TRUSTEES Rev M J Carey K Gibbons C Lyle (resigned 1.4.2023) N S Mackay (resigned 1.4.2023) S Martin (resigned 1.4.2023) C Walker P Clarke Dr A Clarke J Williams J Middleton M Matravers (resigned 1.11.2023) M Gradwell P Gowland Trustee (appointed 16.5.2023) PRINCIPAL ADDRESS The Key Centre 2 Quay Road Bridlington East Yorkshire YO15 2AP REGISTERED CHARITY 1130584 NUMBER INDEPENDENT EXAMINER Jackson Robson Licence Limited 33-35 Exchange Street Driffield East Yorkshire YO25 6LL
Page 1
CHRIST CHURCH BRIDLINGTON PCC
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The promotion of the Gospel of Our Lord Jesus Christ according to the doctrines and practices of the Church of England.
The PCC aim to promote the whole mission of the Church, pastoral, evangelistic, social and ecumenical within the Parish.
Ensuring our work delivers our aims
When planning our activities for the year, the incumbent and the PCC have considered the Commission's guidance on public benefit and, especially, the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community and to facilitate this it is important that we maintain the fabric of Christ Church Bridlington.
The focus of our work
As a church we want everyone to hear the Gospel, so that they may be in a position where they can make the choice as to whether they want to follow the teachings of Jesus Christ.
How our activities deliver public benefit
Public benefit is delivered by the Church through a number of different services/activities that run throughout the year. In addition to the Church services on Sunday and during the week, these activities include Restore, Practical Skills, Christ Church Community Cafe and others.
Who used and benefitted from our services?
All our Church services are open to the general public, as is the Cafe. Some activities are specifically targeted for certain sectors in the community, such as Restore which offers food and other materials to the homeless and disadvantaged in the community.
ACHIEVEMENT AND PERFORMANCE
Review of the year
The PCC has continued to oversee and monitor a return to normal practices of services and ministry areas.
Notable developments have been the continued growth of Restore and Restore Hope Hub with larger numbers of people being served and supported. Volunteer teams have built up healthily across these areas. Relationships with community organisations and partners have developed and round-table opportunities have been taken advantage of. Conferences have been held to inspire, train and equip people for the work of ministry. The Cafe is an area of development identified throughout the year as an opportunity and a challenge. It is hoped that the work done this year will mean the Cafe has a new lease of life in the coming years as a self-funding sustainable investment in welcome, hospitality and sign-posting.
The clergy team has the addition of Andy Hall, and the church has taken a full part in the changes taking place across the Deanery in patterns of ministry. It is anticipated the church of Holy Trinity Bridlington will soon be added to the Christ Church Network and come under the authority of the Joint Parochial Council that is being established.
Safeguarding
Christ Church PCC has a Safeguarding team that leads us un putting policy into practice so that all our churches, projects, groups and ministries are safe places for all ages to thrive. We give due regard to the House of Bishops' guidance in relation to safeguarding and work closely with the Safeguarding team of the Diocese of York. Every PCC meeting pays attention to Safeguarding and monitors/reviews the policies we have in place at appropriate intervals.
FINANCIAL REVIEW
Reserves policy
The PCC aims to increase the the current level of unrestricted reserves of £10,000 to £20,000. This is to help cover general running costs and salary costs.
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CHRIST CHURCH BRIDLINGTON PCC
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023
FINANCIAL REVIEW
Financial overview
Christ Church has one unrestricted fund where the PCC can determine how the money is spent. It is out of this fund that the running costs of the church, including the Freewill Offering to the Diocese are made. There is one designated fund used for specific purposes, but control remains with the PCC. There are a small number of restricted funds where money is received for specific purposes and is only used for these purposes.
Financial review of the year
It has been a more settled year financially as the recovery from the effects of the pandemic lockdowns continued. Continued remedial works have been necessary on heating systems and electrical circuits. Increased income has come in from hiring out rooms and planned giving has increased from the core congregations.
The PCC has brought together the benefice PCC's into one Joint Council (JPCC). This was proposed, seconded and carried unanimously at extraordinary general meetings of the Christ Church and the Bessingby parishes. The Archbishop's Council approved this in December 2022. During the course of the next financial year the accounts of both parishes will be brought together under the JPCC in a new financial system to allow for financial accountability whilst ensuring that the funds allocated for use are able to serve the vision and mission of the Network churches.
The loan of £65,000 from the Diocese of York on behalf of the Community Services, taken on by the Christ Church PCC, is repayable over five years from Summer 2021.The agreed payments have been made and are up to date with a view that it will be fully repaid in Summer 2025.
The bank accounts, which started the year with £121,719, finished with £123,226. It operates its current accounts without a Bank Overdraft.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
Christ Church Bridlington PCC has a policy of warmly welcoming new members. This initial verbal introduction into every trustee's personal responsibility as a trustee is followed by the issuing of suitable publications from the Charity Commission, whose website trustees are encouraged to use.
Organisational structure
The method of appointment of PCC members is set out in the Church Representation Rules (1st January 2004). All church attendees are encouraged to register on the Electoral Roll. All Electoral Roll members are encouraged to stand for election as Churchwarden and/or PCC membership. The Church of England now requires all PCC members to have a DBS check and to have completed a Diocesan Confidential Statement in relation to Safeguarding.
Christ Church Bridlington was registered as a charity with the Charity Commission with effect on 16th July 2009, registered charity number 1130584.
Most of the day to day management of Christ Church activity is delegated by the PCC to the vicar and executive team, made up of senior employees and volunteers within the church.
Risk management
The trustees recognise the duty to identify and review the risks to which the charity charityis exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Approved by order of the board of trustees on 1 May 2024 and signed on its behalf by:
K Gibbons - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHRIST CHURCH BRIDLINGTON PCC
Independent examiner's report to the trustees of Christ Church Bridlington PCC
I report to the charity trustees on my examination of the accounts of Christ Church Bridlington PCC (the Trust) for the year ended 31 December 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Robert A Lomas
The Association of Chartered Certified Accountants
Jackson Robson Licence Limited 33-35 Exchange Street Driffield East Yorkshire YO25 6LL
1 May 2024
Page 4
CHRIST CHURCH BRIDLINGTON PCC
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 187,873 Charitable activities 3 3,060 Investment income 4 28,459 Total 219,392 EXPENDITURE ON Raising funds 5 3,792 Charitable activities 6 Church activities 198,174 Total 201,966 NET INCOME 17,426 Transfers between funds 16 (12,023) Net movement in funds 5,403 RECONCILIATION OF FUNDS Total funds brought forward 529,267 TOTAL FUNDS CARRIED FORWARD 534,670 |
Restricted funds £ 71,340 17,320 - 88,660 - 81,428 81,428 7,232 12,023 19,255 52,122 71,377 |
2023 Total funds £ 259,213 20,380 28,459 308,052 3,792 279,602 283,394 24,658 - 24,658 581,389 606,047 |
2022 Total funds £ 266,176 19,766 14,051 |
|---|---|---|---|
| 299,993 | |||
| 4,704 261,424 |
|||
| 266,128 | |||
| 33,865 - |
|||
| 33,865 547,524 |
|||
| 581,389 |
The notes form part of these financial statements
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CHRIST CHURCH BRIDLINGTON PCC
BALANCE SHEET 31 DECEMBER 2023
| Notes FIXED ASSETS Tangible assets 11 CURRENT ASSETS Debtors 12 Cash at bank CREDITORS Amounts falling due within one year 13 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 14 NET ASSETS FUNDS 16 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted funds £ 505,353 13,157 53,209 66,366 (24,049) 42,317 547,670 (13,000) 534,670 |
Restricted funds £ 1,389 - 70,152 70,152 (164) 69,988 71,377 - 71,377 |
2023 Total funds £ 506,742 13,157 123,361 136,518 (24,213) 112,305 619,047 (13,000) 606,047 534,670 71,377 606,047 |
2022 Total funds £ 497,244 7,218 121,720 128,938 (18,793) 110,145 607,389 (26,000) 581,389 529,267 52,122 581,389 |
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 1 May 2024 and were signed on its behalf by:
K Gibbons - Trustee
The notes form part of these financial statements
Page 6
CHRIST CHURCH BRIDLINGTON PCC
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
No amounts are included in the financial statements for services donated by volunteers.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Other income is recognised in the year in which it is receivable and to the extent the goods have been provided or on completion of the service.
Expenditure
All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated to activities on a basis consistent with the use of resources.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management costs. Governance costs are those incurred in connection with the administration of the charity and compliance with constitutional and statutory requirements.
All resources expended are inclusive of irrecoverable VAT.
Tangible fixed assets
All assets costing more than £100 are capitalised.
The policy with respect of impairment reviews of fixed assets is to impair those assets that are no longer used by the charity in pursuit of its objects. Assets are impaired to their recoverable amount.
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates to write off each asset over its estimated useful life:
Freehold property 2% on cost Fixtures & fittings 20% reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
continued...
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CHRIST CHURCH BRIDLINGTON PCC
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
1. ACCOUNTING POLICIES - continued
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
2. DONATIONS AND LEGACIES
| Grants Donations Gift aid Contributions received 3. CHARITABLE ACTIVITIES Sale of goods and services 4. INVESTMENT INCOME Rents received Deposit account interest |
2023 £ 51,709 172,387 26,504 8,613 259,213 2023 £ 20,380 2023 £ 27,890 569 28,459 |
2022 £ 9,279 199,657 35,794 21,446 |
2022 £ 9,279 199,657 35,794 21,446 |
|---|---|---|---|
| 266,176 | |||
| 2022 £ 19,766 |
|||
| 2022 £ 14,019 32 |
|||
| 14,051 |
continued...
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CHRIST CHURCH BRIDLINGTON PCC
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
5. RAISING FUNDS
Investment management costs
| 2023 £ Rent 3,792 6. CHARITABLE ACTIVITIES COSTS Direct Support Costs (see costs (see note 7) note 8) £ £ Church activities 194,095 85,507 7. DIRECT COSTS OF CHARITABLE ACTIVITIES 2023 £ Staff costs 74,482 Freewill offering 54,000 Working expenses of incumbent 7,177 Missionary expenditure 10,000 Church and community 44,674 Refreshments for church 2,661 Volunteer expenses 1,101 194,095 8. SUPPORT COSTS Governance Management costs £ £ Church activities 73,930 11,577 Support costs, included in the above, are as follows: Management 2023 Church activities £ Rates and water 3,562 Insurance 10,745 Light and heat 23,233 Telephone 452 Postage and stationery 1,752 Sundries 10,573 Church maintenance 10,383 Depreciation 5,529 Travel and subsistence 2,668 Loss on sale of tangible fixed assets (1,738) Staff training 3,221 Carried forward 70,380 |
2022 £ 4,704 Totals £ 279,602 |
2022 £ 4,704 Totals £ 279,602 |
|---|---|---|
| 2022 £ 67,949 54,000 6,237 14,636 38,643 1,213 578 |
||
| 183,256 | ||
| Totals £ 85,507 2022 Total activities £ 3,607 9,954 19,696 439 2,046 4,027 17,854 3,350 1,904 - 2,458 65,335 |
Totals £ 85,507 |
|
| 65,335 |
continued...
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CHRIST CHURCH BRIDLINGTON PCC
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
8. SUPPORT COSTS - continued
Management - continued
| 2023 | 2022 | |
|---|---|---|
| Church | Total | |
| activities | activities | |
| £ | £ | |
| Brought forward | 70,380 | 65,335 |
| Subscriptions | 3,163 | 3,719 |
| Bank interest | 387 | 254 |
| 73,930 | 69,308 | |
| Governance costs | ||
| 2023 | 2022 | |
| Church | Total | |
| activities | activities | |
| £ | £ | |
| Legal fees | - | 1,018 |
| Independent examiners' fee | 3,348 | 7,198 |
| Bookkeeping fees | 7,318 | - |
| Payroll services | 911 | 644 |
| 11,577 | 8,860 |
9. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st December 2023 nor for the year ended 31st December 2022.
Trustees' expenses
Trustee expenses of £1,162 (2022 - £5,258) were incurred during the year.
10. STAFF COSTS
| Wages and salaries Other pension costs The average monthly number of employees during the year was as follows: Administration Site management |
2023 £ 72,563 1,919 74,482 2023 3 3 6 |
2022 £ 66,706 1,243 |
|---|---|---|
| 67,949 | ||
| 2022 3 3 6 |
No employees received emoluments in excess of £60,000.
continued...
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CHRIST CHURCH BRIDLINGTON PCC
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
11. TANGIBLE FIXED ASSETS
| COST At 1 January 2023 Additions Disposals At 31 December 2023 DEPRECIATION At 1 January 2023 Charge for year Eliminated on disposal At 31 December 2023 NET BOOK VALUE At 31 December 2023 At 31 December 2022 |
Freehold property £ 554,975 - - 554,975 68,122 - - 68,122 486,853 486,853 |
Fixtures and fittings £ 45,241 15,102 (9,875) 50,468 34,850 5,530 (9,801) 30,579 19,889 10,391 |
Totals £ 600,216 15,102 (9,875) 605,443 102,972 5,530 (9,801) 98,701 506,742 497,244 |
|---|---|---|---|
Buildings relate to Church House, the former vicarage, and the ex glebe land to the rear of the Church House, which was leased to Christ Church Community Services until November 2021 when the lease was surrendered to Christ Church Bridlington PCC.
| 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Other debtors 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Bank loans and overdrafts (see note 15) Trade creditors Other creditors |
2023 £ 4,868 8,289 13,157 2023 £ 825 - 23,388 24,213 |
2022 £ - 7,218 7,218 2022 £ - (1) 18,794 18,793 |
|---|---|---|
continued...
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CHRIST CHURCH BRIDLINGTON PCC
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
14. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Other creditors | 13,000 | 26,000 |
15. LOANS
| An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Bank overdrafts MOVEMENT IN FUNDS Unrestricted funds General fund Womens Weekly Fabric Hospitality Reserve Restore Activities Treasurer's Buffer Youth Children and families Branches Restricted funds Pastoral training Ministry Restore Hobson's bequest Fabric restricted Martongate community cafe Christ Church community cafe Multiply staffing fund Hope hub ministries Lighthouse church ministries Community development Hardship Restore support BCT Love Westhill Mustard Seed Hope Clean Restore TOTAL FUNDS |
At 1.1.23 £ 494,708 464 5,491 361 15,720 462 10,000 1,161 900 - 529,267 391 4,387 5,375 3,094 1,339 15 4,277 4,419 373 245 23,099 1,418 1,440 2,250 - - 52,122 581,389 |
Net movement in funds £ 13,325 - 5,000 (1,186) - (420) - - 617 90 17,426 350 (10,001) (5,202) 875 - - (40) 18,640 (281) - (6,506) 2,775 (1,158) (660) 7,188 1,252 7,232 24,658 |
2023 £ 825 Transfers between funds £ 11,302 - (10,491) - (13,000) - - - 166 - (12,023) - 12,023 - - - - - - - - - - - - - - 12,023 - |
2022 £ - At 31.12.23 £ 519,335 464 - (825) 2,720 42 10,000 1,161 1,683 90 534,670 741 6,409 173 3,969 1,339 15 4,237 23,059 92 245 16,593 4,193 282 1,590 7,188 1,252 71,377 606,047 |
|---|---|---|---|---|
16. MOVEMENT IN FUNDS
continued...
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CHRIST CHURCH BRIDLINGTON PCC
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
16. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Fabric Hospitality Restore Activities Children and families Branches Restricted funds Pastoral training Ministry Restore Hobson's bequest Christ Church community cafe Multiply staffing fund Hope hub ministries Community development Hardship Restore support BCT Love Westhill Mustard Seed Hope Clean Restore TOTAL FUNDS |
Incoming resources £ 211,474 5,000 48 - 2,440 430 219,392 350 (1) 20,980 1,375 17,720 26,617 (1) 3,024 2,999 - 3,030 11,217 1,350 88,660 308,052 |
Resources Movement expended in funds £ £ (198,149) 13,325 - 5,000 (1,234) (1,186) (420) (420) (1,823) 617 (340) 90 (201,966) 17,426 - 350 (10,000) (10,001) (26,182) (5,202) (500) 875 (17,760) (40) (7,977) 18,640 (280) (281) (9,530) (6,506) (224) 2,775 (1,158) (1,158) (3,690) (660) (4,029) 7,188 (98) 1,252 (81,428) 7,232 (283,394) 24,658 |
|---|---|---|
continued...
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CHRIST CHURCH BRIDLINGTON PCC
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
16. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Womens Weekly Fabric Hospitality Reserve Restore Activities Treasurer's Buffer Youth Children and families Restricted funds Pastoral training Ministry Restore Hobson's bequest Fabric restricted Martongate community cafe Christ Church community cafe Multiply staffing fund Hope hub ministries Lighthouse church ministries Community development Hardship Restore support BCT Love Westhill TOTAL FUNDS |
At 1.1.22 £ 508,177 235 2,814 - - - - 1,741 1,744 514,711 391 6,615 8,250 3,276 1,339 255 5,290 2,419 900 350 48 2,858 822 - 32,813 547,524 |
Net movement in funds £ 34,076 229 2,677 411 8,720 462 - (580) (844) 45,151 - (11,056) (2,875) (182) - (240) (1,307) 1,000 (527) (105) 5,078 (1,440) (1,882) 2,250 (11,286) 33,865 |
Transfers between funds £ (47,545) - - (50) 7,000 - 10,000 - - (30,595) - 8,828 - - - - 294 1,000 - - 17,973 - 2,500 - 30,595 - |
At 31.12.22 £ 494,708 464 5,491 361 15,720 462 10,000 1,161 900 |
|---|---|---|---|---|
| 529,267 391 4,387 5,375 3,094 1,339 15 4,277 4,419 373 245 23,099 1,418 1,440 2,250 |
||||
| 52,122 | ||||
| 581,389 |
continued...
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CHRIST CHURCH BRIDLINGTON PCC
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
16. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Womens Weekly Fabric Hospitality Reserve Restore Activities Youth Children and families Restricted funds Ministry Restore Hobson's bequest Martongate community cafe Christ Church community cafe Multiply staffing fund Hope hub ministries Lighthouse church ministries Community development Hardship Restore support BCT Love Westhill TOTAL FUNDS |
Incoming resources £ 224,077 229 2,677 851 12,500 582 - 373 241,289 - 15,511 400 - 16,134 4,000 219 50 17,920 1,470 - 3,000 58,704 299,993 |
Resources Movement expended in funds £ £ (190,001) 34,076 - 229 - 2,677 (440) 411 (3,780) 8,720 (120) 462 (580) (580) (1,217) (844) (196,138) 45,151 (11,056) (11,056) (18,386) (2,875) (582) (182) (240) (240) (17,441) (1,307) (3,000) 1,000 (746) (527) (155) (105) (12,842) 5,078 (2,910) (1,440) (1,882) (1,882) (750) 2,250 (69,990) (11,286) (266,128) 33,865 |
|---|---|---|
17. RELATED PARTY DISCLOSURES
It should be noted that many of the employees and trustees provide services, offer the use of their assets and give financially to the PCC. These may constitute related party transactions. However, to preserve the anonymity if the donors and because any financial benefit received as a result is completely trivial when compared to the size of the individual gifts, these have not been listed here.
Where services or assets have been provided and these are measurable then they have been recognised within these financial statements as a donation in kind within income and a relevant expense.
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