**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. Page 2 **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: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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 Page 5 ## **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... Page 7 **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... Page 8 **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... Page 9 **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... Page 10 ## **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... Page 11 **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... Page 12 ## **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... Page 13 **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... Page 14 **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. Page 15