PAROCHIAL CHURCH COUNCIL OF EUXTON PARISH CHURCH ANNUAL REPORT & FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2023 INCUMBENT The Reverend J. Smith Registered Charity Number: 1130598 BANKS National Westminster Bank plc 46 Market Street Chorley PR7 2RZ Santander UK plc Bridle Road Bootle Merseyside L30 4GB HSBC plc 21The Grand Arcade Wigan WNI IBH CCLA Investment Management Ltd 80 Cheapside Lmdon EC2V 6DZ ACCOUNTANTS Smith & Goulding Lid 24 Southport Road Chorley PR7 ILD
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS TO THE PAROCHIAL CHURCH COUNCIL OF KUXTON PARISH CHURCH I report to the trustees on my examination of the accounts of the Parochial chUh Council of E¥tOn Parish Church for the year ended 31 December 2023. which are set out on pages 2 to 12. Responsibilities and basis of report As th¢ charity trustees you are responsible for the prepardtion of the acrounts in cordanCe with the requirements of the Charitie5 Act 2011 ('the Act"). The charity's trustees consid¢r that an audit is not required for this year under section 144 (2) of the Aci and thai an independent ¢xamination is needed. I report in respecl of my examination of the Trusiee$' 8CCOUrtis catried out under s.145 of the 2011 Act and in Carrying out my examination I have followed all the applicable Directions given by the Charity Commission under sectioii 145 (5) (b) of the 2011 Act. l am qualified to undertake the ¢xarnination by being a qualified member of Institute of Chartered Accountants in Engld and Wales. Independent examiner's ststement My examination was carried out in accordance with the GeneTal Direclions given by the Charity Commission. An exatnination includes a review of ihe a¢¢ounting records kept by the charity and a comparison of the a¢counts presented with those records. It also includes considerntion ofany unusual il¢ms or disclosures in the accounts and seeking explanations from you as trustees ¢on¢erning any such matters. The procedures undertaken do Th)t provide all the evidence thai would be required in an audit, and consequently no opinion is given a5 to whether the a¢counts present 8 'tru¢ and fair view, and the report IS limited to those matters sd out in the statement below. Independent examiner's statement I have cOmpled the examination. I confirnl that no material mattets have come to my attention in connection with the examination giving me cause to believe that in any material respect= (l) Counting records were not kept in respect of the charity as required by s. 130 of the Act. (2) the accounts do not accord with those records; or (3) the accounts do not comply with the applicable requitEments concerning the forni and content of accounts set out in th¢ Charities (A¢¢ounts and Reports) Regulations 2008 other than any quirement that the ac¢ounts give a 'true and fair view, which is not a matter considered as part of an ind¢pendenl examination. I have no ¢on¢erns 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 th¢ accounts to be tEached. ANDREW SIMM FCA Chartered Accountant SMITH & GOULDING LTD 24 Southport Road CHORLEY Lanc#$hire PR7 ILD DAted: ,l4
PAROCHIAL CHURCH COUNCIL OF EUXTON PARISH CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 restrieied Restricted fiDds Funds Tot81 2023 Total 2022 Note Ineome and endowments from: Donations and legacies Chur¢h activities Other trading activities Investments Other 2{a) 2(b) 2{c) 2{d) 2{e) 76,050 10.033 51442 294 ioi 76,050 10,033 52.6l8 351 101 162,432 6,367 41.870 315 445 176 57 Total IncoTne and endowments 138 920 233 139 153 211429 Expendi¢uT¢ Oll: Raising funds Church activities Other 3(a) 3(b) 3(c) 307 35,393 307 148,036 2,219 307,497 112.643 Tot*1 expenditure 151 05 311222 Nel gain5 (1055es) on investments 1,099 1.099 1.538 Net incomel (expenditure) Transfers between funds 23.315 (34,368) (11.053) (101.331) Other retognlsed galnsl (loe5). 23.315 (34.368) (11.053) (101.331) Gains (loss¢s) on revaluation of fixed assets 23,315 (34,368) (11,053) (101,331) Net movement in fund5 Reconciliation of funds: Total funds brought forward 359.334 1,413.187 1,514.518 Totsl funds carried forward 77,168 ,324,966 1.402,134 1,413.187 All amounts are deriv¢d from continuing activities. There were no incoming resources attributable to geographical markets outside the United Kingdom (2022 none)- All gains and losses r¢¢ognised during ihe year are included in the Ststement of Financial Activities. Th¢ notes on pe$ 4 to 12 forni part of these financial 8ternents. An analysis of the comparative figures for 2022 15 set out in note 4 of the accounts.
PAROCHIAL CHURCH COUNCIL OF EUXTOf4 PARISH CHURCH BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Lyote Fixed assets Tangible assets Inveslmenis 7{a) 7(b) 1,309.571 1,344,965 1,324.091 1.358.328 Curr¢n¢ assets Lkbiors Cash al bank and in hand: Community Centre account Church Generdl account Church Deposit accounl Choir a¢count Euxlon SingeTS account 45,125 32,921 33 45.128 5.625 33 Liabiliti Creditors: Amounts falling due within one year 10 Net eurreDt ¥ssetS Totsl net assets 41 The funds of the charity: Unrestricted inwme fund5 77.168 53,853 Restricted income funds Revaluation reserve (57,658) (23,290) 1.359 334 Tot•1 charity funds IALIJ87 The notes on pages 4 10 12 form part of ihese finan¢ial statements. Approved by the Paro¢hial Chureh Council of Eux¢on Parisb Chureb amd signed on its behxlf Mrs Shona L¢e Treasurer Charity Registered Number: 1130$98
PAROCHIAL CHURCH COUNCIL OF EUXTON PAIUSH CHURCH NOTES TO THE FtNAP4CIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 General infornjation The Parochial Church Council of the Ecclesiastical Parish of Euxton (known as Euxton Parish Church) is a corporate body established by the Church of England and is a R¢gister¢d Charity {¢harity number 1130598). The Church is situated on Wigan Road. Euxlon and is part of the Diocese of Bla¢kburn within the Chch of En¥land. The wrr¢spondenc¢ address is The Vicarage. Wigan Road. Euxlo Chorleyy Lancashire PR7 6JH. 2. Statement of eomplianee These financial statements have been prepaTed in covnpliance with the provisions of FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,. Accounting polici Basis of preparatio The financial statements have been prepared in awordan¢¢ with the Church A¢¢ounting Regulations 2006, Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective l January 2015)- (Charitie5 SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102) and the Charities Act2011. The Church meets the definiiion of a public benefii eniity under FRS 102. The financial ststements have been prepared under the hi51orical cost convention except for the valuation of land and buildings. which are shown at maTket value. The financial statements ATe prepared in sterling which is the fim¢tional evrreney of th¢ entiry. The figures in ihe ¢oUttts ar¢ rounded to the nearest £. Th¢ tru$te¢$ ¢QDsid¢r that there no material uertaInli¢S aboul th¢ Church's ability lo ¢ontiJJue as a going concern. particularly during the current Covid-19 health crisis since the annual Parish Share commAtment AS not a legally enforceable liability whicb could be postponed if circumstances require this. The preparntion of the financial Statements may require the trustse5 to Tnake judgejnents, estimates and assumptions th affeot lh¢ amounts reported for assets and liabilities at the balance sheet date and the amounts reported for income and exnditre during the year. However, the nature of eslimation means that the actual outcom¢s could differ from those ¢stimat¢s. Th¢ judgement that has had the most significant effect on the amounts recognised tn the financial stalements relates to the estimate of the usefi]l economic lives of the vari{S fixed assets as set out irt the accounts ftjr the purpose of the depreciation charge. Funds Unrestricted income funds comprise accumu1ed surpluses and deficits on general ndS that are available for use at the discrdion of the PCC in furtherance of the general objectives of the Church and that have not b¢¢n designated for oth¢r purposes by the Wardens of the PCC. Restricted in¢ome funds are funds subjeu to sp¢cial conditions imposed by the dOr and are not available for purposes other than those sp¢cifi¢d by th¢ donor. Th¢ accounts include all monetary transactions, &ssets and liabilili¢s for whi¢h the PCC is responsible in law. They do not include the accounts of Church groups that owe their main affiliation to another body nor those that are infornl gatherings of Church members.
PAROCHIALCHURCH COUNCIL OF EUXTON PARISH CHURCH NOTES TO THE FIIYANCIAL STATEME]Yrs FOR THE YEAR ENDED 3] DECEMBER 2023 Income Turnover is the amount derived from ordinary aciiviiies and is stated nel of VAT. All income is re¢ognis¢d onc¢ the cTrLarity ha5 entitlement to the income, it is probable that the in¢ome will b¢ received and the amount of income receivable can be measured reliably. Donaiioni and le acies Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under covenant is recognised only when received. In¢ome tax r¢cov¢rable on covenants or gift aid donalions is recognised when the inwme is recognised. Grants and legacies to the PCC are accounted fiK as soon &s the PCC is notitied of its legal enlitlemenl and the amount due. m Church and iradin activilies Rental income from the letting of Cliurch premises is recognised when the rental is due. Funds rdised by fairs and similar events are accounted for gross. Sales of magazines are accounted for gross. Income om inveslmenls Dividends and interest are accounted for when receivable. Guins arn4105s on inveslmenls Realised gains or losses are recognised when inveslments are sold. Unrealised gaitts or losses are accounted for on revaluation of investtnents al 31 December. Expenditure Expenditure is in¢lud¢d in the Statement of Financial Activities on an accnjals basis, inclusive of any VAT which cannot be recovered. Expenditure is recognised on¢e ther¢ is a legal or constructive obli¥ation to make a payment io a Ihird party. il is withble that settlement will required and the amount of th¢ obligation can be measured reliably. All expenditure has been classified under headings thai aggregate all costs lated to that eate80ry. Donatio ar¢ a¢counted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. The parish share is accounted for when payable. Any atnount unpaid at the year end is provided for in the accounls as an operdtional (though not a legal) liability and is shown 8s a creditor in the Balance Sheet. Tangible fixed assets coseCra/edI1Thd and Consecrated and benefi¢¢d propety is ex¢lud¢d from th¢ a¢counts by s.96 (2) (a) & (c) of the Charitie5 Act 1993. No value is placed on movable Church furnishings held by the Church wardens on S¢181 tn]si for the PCC and which require a faculty for disposal since ihe PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice EildingS and movable Church furnishings? whether maintenance or improvemenl, is written off as expenditure in the SOFA and separately disc105ed. her ures avd enl Equipment used within the Church premises is St¢d at cost less depT¢¢ialion calculated on a straight- line basis over 4 years. Individua] items of equipment with 8 purchase price of £l.OOLI or less are written off when the asset is acquired.
PAROCHIAL CHURCH COUNCIL OF EUXTON PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 , Cenlre andAnnex The property is stated valuation. Depreciaiion on the property is provided for al 2.50/0 on a straight- line basis. The carrying values of tangible fixed assets are reviewed for impairnient if events or chan¥es in ¢ircumstanc&s indicate that the carying value may nol be recoverable. Investments Jnvestments are a form of basic financial instrument and are recognised at their trdnsaclion value. The haTity does rK)t acquire equity investments, put options, derivatives or other complex financial instruments. All nona(xsh d¢tKisits are revalued at th¢ir quoted maTkel pri¢¢ at 31 December. The Statement of Financia] Activities includes the net gaing and losses arising on revaluations and disposals during the yeaT. Cash held on dewsit with the CBF ChCh of England Funds is invested for lon8 temi puryoses and is included within fjxed assets. Current assets Trade and thheT debtors owing to ihe PCC are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the &mount prepaid net of any trade discounts due. Current Ilabili¢i¢s Creditors and provisions are r¢cognis¢d where the charity has a present obligation resulting from a past event ihat will probably result in the transfer of fvnds to a ihird party and the atnount due to settle the obligation can be measured or estimated reliably. credito and provisions are nomydlly recognised at their settlement amounl after allowing for any trade discounts due. Financial instruments The charity only has ftinaDcial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic finarKial instrum¢nts are initially recogmis¢d at trdnsaaion value subs¢qu¢ntly measured at their settlement value.
PAROCHIAL CHURCH COUNCIL OF EUXTON PARISH CHURCH IYOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED JI DECEMBER 2023 restricted funds Restrirted funds Totsl 2023 Tothl 2022 Income endowments from: (a) DOPtiOn$ and le Planned giving.. - Gift Aid Donations - Income tax recoverdble - Other Planned Giving Coll¢¢tions (open plate) at all servi¢es Sundry donations Legacies Spe¢ial ¢olledior6 Grants 43.534 11,832 2,745 43,534 11,832 2,745 42,917 12,633 3,691 6,844 11.095 6,844 1,095 6,184 47,902 49,105 76.050 162,432 76,050 (b) Church (xyivilie 6.200 690 3,035 6,200 690 3,035 2,156 115 3,052 Church heating Community Centr¢ lettings Magazine sales Remembrance plaques 108 10,033 108 10.033 1.044 6,367 (¢) Qker tradEn (rIvil1eS Magazin¢ adverts Fundraising events Choir fund Flower fund Euxton Singers Community Centre lettings ComEnunity Centre fundraising 3.936 3,936 6,lOS 176 176 148 42,999 5,507 52,442 42,999 5,507 52,618 30.249 5,368 41.870 176 (d) UKlnveslmentS Dividends Interest 294 294 57 351 292 23 315 57 57 294 (e) Oiher Miscellaneous 101 01 445 445 ioi Total ineome and endowments 138,920 233 139.153 211,429
PAROCHIAL CHURCH COUNCIL OF EUXTON PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Un- restricted funds Restricted funds Total 2023 Totsl 2022 Eipendl¢ure on: irt Choir fund Flower fvnd Euxlon Singers 307 307 227 1,992 2,219 307 307 (b) Church aclivilies Parish share Housing Visiting clergy Upkeep services Church runninbT expenses Church maintenance Insurance S8larieslretainer Car parkl¢hurch yard Remembran¢¢ plaques Magazine L$1$ Inspections Church General ¢osls Missionary & charitable giving Special collections Indep¢ndent examination Community Centre: General njnning costs Inspections Renovation&Kmaintenance Depreciation 49,IM)O 4,439 49.(K)O 4,439 70.0 4,319 74 2,041 2,345 167,178 1,731 2.207 2.593 .974 .436 2,841 2.539 2267 2,593 1,974 1,436 2,841 2,539 422 1,440 1,440 109 2,160 2,160 1,488 32,244 823 8.887 31244 823 8,887 17.714 993 2,700 112,643 35.393 148.036 307,497 (c) Oiher Books AdTninistration Miscellaneolls 321 ,760 881 321 1,760 881 441 671 394 .506 Totsl pendItsre 115,605 35.700 151305 311222
PAROCHIAL CHURCH COUNCIL OF EUXTON PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 4. Ststement of Financial Activities analysis of comparative figures restricted Restricted funds Funds Total 2022 Income endowments from: Donations and lewacie5 Church activities Oiher trading auivttics Investments Other 161.882 4,119 10,192 292 445 550 2.248 31,678 23 162,432 6.367 41,870 315 445 Total income and endoiwments 176930 34.499 211.429 Resources expend¢d Raising fijnds Church a¢tivitie$ (hher 2,219 53,821 2.219 307,497 1.506 253,676 1,506 Totsl expenditure 255,182 56.040 311,222 Net gains (losses) on investments 1,538 Net incomel (expenditure) Transfers between funds (78,252) 43,110 (23,079) (101,331) {43,110 (35.142) (66.189) (101.331) Other re¢ognised gainsl (losses): Gains (losses) on r¢valualion of fixed assels movement in fu1$ Reconciliition of funds: Total fuThJs brought fotTrvard (35,142) (66.189) (101.331) 88.995 1,425,523 .514.518 Total fuTrJs carried fonvard 1359.334 ,413 187 Stsff ¢08ts and numbers 2023 2022 Wages and salaries Social Security cost$ 2,842 The Church has benefited from the services of unpaid general volunleer5 each year, the value of which is not recognised in the accounts. Further infornmtion, regarding the contribulion made by volunte¢rs to the Church's a¢livities, is set out in the TrSlees, Report.
PAROCHIAL CHURCH COUNCIL OF EUXTON PAIUSH CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Trustees, remuneratlon and expenses The incumbent Revd. Joanne Smith and the curate Revd. Amy Bland who are members of the PCC received working expenses of £907 and £679 {2022.. £1,006 and £659) during the year. Gail Bolton who 15 a member of the PCC received a salary of £2,842 {2022.. £Nil). No other payments or exnseS w¢r¢ mad¢ to any other PCC member or relatrd parties. Donations were made in lotal by members of ihe PCC to the Church during the year £18.136 (2022: £27,636). Apart from this there were no other related party Irdnsactions during the year that require disclosure. Fixed assets for us¢ by the PCC Freehold Ignd Freehold Furniture & buildings Annex & rittings Computer equipment TotAI {a) Tangible fixed assets Cost or valuation AtOI.01.23 Added in year Revaluation in year At31.12.23 1,330,806 84,945 20,821 15,777 1.452.349 1,330,806 84.945 20.821 15 777 1452349 D¢pr¢¢i8tSon AtOI.01.23 Charge for year Revaluation in year At31.12.23 66,540 33,270 4,248 2,124 20,820 15,776 107.384 35,394 20.820 142 778 Nel book v*lues At31.12.23 1,230.996 1309,571 At31.12.22 1264 266 80.697 1.344.965 Fr¢¢hold land and buildings comprise the Community Centre and land. The ConnUnitY Centre property and the annex were revalued for insurance purp05e5 by the insurance company in 2021 on a cost to rebuild basis and are included in these accounts at the revised valuaiion. This b8sis has been used as the be# estimate of the fair value of the prortY since there is no market-based evidence available due lo the specialised nature of the itetn. The Trustee5 have r¢view¢d this valuation and consider il to be a fair value in use for the asset within the organi581ion. No original ¢ost figure is available for ihese properties. other fjxed assets shown at cosl. All tangible fixed assets are used for or to support charitable purposes. (b) Inves¢ment fixed 0&8ets 2023 2022 Church deposit fund- cost Chuwh investment fund- valuation 1,835 1.778 10
PAROCHIAL CHURCH COUiYCIL OF EVXTON PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Invtstment fixed ssets (contlnued) All of the above are UK investsnents, held to provide an investment return for the Church and are not programme related investments tnade primarily as part of the Chuwh's ¢haritsble activities. The movement in the Church deposit fund consists of the annual inleresl receivable and th¢ movement in the Church investtnent fund consists of the annual sutplus on revaluation, which reflects the quoted market price. The restricted funds, investments consist of £1.835 (2022 £1.778) in the Church deposit fund and the totsl of £12,684 (2022 £11,585) in the Church investment fvnd. Unre51rirted Restricted funds Funds Totsl 2023 Total 2022 Analysis of net assets by fuDd Fixed assets for Church use Investment fixed assets Current assets Current liabilities Fund balance I J09,570 14.520 888 (12) lJ24.966 I J09,571 14,520 83,803 (5,760) 1,402,134 1,344,965 13,363 57,885 (3.026) 1,413,187 82,915 (5,748) 77.168 UMrestrl¢¢¢d funds General Designated Fund Fund 10,670 Tolal Balance Wfwd at 01.01.23 53,853 lttcome Expenditure 133.201 113,631 19,570 5,719 1,974 3,745 138,920 115,605 Transfer io designat¢d fvnds Transfer between funds Balance clfwd al 31.12.23 The designated futNJ5 have been earmarked for use in wnnection with th¢ ongoing mof works. Restricted fuDds Community Centr¢ fund Other r¢$¢rl¢ted funds Toll Balance b/fi¥d at 01.01.23 1.344.964 14,370 lJ59,334 Income Expenditure 233 307 74 233 135,70G 35,467 35,393 Trangfer between fvnds Surplus (deficit) on revaluation of investments 1,099 1.099 Balance clfwd al 31.12.23 1309 571 15 95 1324 966
PAROCHIAL CHURCH COUNCIL OF EUXTON PAIUSH CHURCH I¥OTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Restricted funds (continued) The unrestricted funds represenl generdl Church funds. The restricted fvnds comprised the Euxton Parish Church Community Centre Fund and other minor restrided fimds set up for various purposes Is specified by the donors. The movements on the funds durinE the year are as set out abov¢. Th¢ Community Centre Fund was set up for the building of Community Centr¢ in the early 21K)O's and specific grants and other funding were received for this Purpose. The income and expendilur¢ generBted since the completion of the building has also been included in the reslri¢i¢d fund but there was no spe¢ific requir¢m¢nt for this and therefore the net income to date has been transferred to the general unrestrict¢d fund, after the position was agreed by the PCC during the year. The PCC consider that the resource5 of each fimd aTe held in the appropriate fomi to me¢1 th¢ particular fund's requirernents. 2023 2022 Debtors Income tax recoverable Prepayments and aecrued income Other debtors 4.293 710 721 5,724 5,963 652 484 7,099 2023 2022 10. Creditors Accountancy fees (including VAT) Other accrualg and deferred income Roof works creditor5 1.620 4,140 1,080 1,946 5.760 3,026 12-
PAROCHIAL CHURCH COUNCIL OF EUXTON PAIUSH CHURCH ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR EIYDED 31 DECEMBER 2023 AIMS AND PURPOSES The Parochial Church Council of the Eccle5ia5tical Parish of Euxton (the PCC) has the responsibility of ¢(perating with the Jncumbent in promoting the whole mission of the church - pastordl, evangelical, social and ecumenical across the parish. The PCC is also Specifically responsible for the maintenance of the Church Community Centre on School Lane, Euxton. OBJECTIVES AND ACTIVITIES The PCC is committed io enabli &8 many people as possible lo worship and to become part of our church family. The PCC also continues to ensure Ihat the fabric of the chr¢h and surroundings are well-mainlained. When planning aclivities for the year, t] PCC is mindful of the Charity Commission's guidelines with r¢spect to public benefit and in particular the specific guidance on charities for the advaneement of religion. In particular, we try to enable everyone to live out their faith as part of our parish community through.. (a) Worship and prnyer. encouraging growrh as disciples of ChrisL recognising and using their God- given gifis. (b) Provision of pastoral care foT people living in the parish. and (c) Missionary and outreach work. Our primary foGus during 2023 was to continue crealing new disciples as well as encouraging all memb¢rs of our church family here in Euxton to explore and deen their own faith as they grow to be deeper disciples of Jesus Christ. ACHIEVEMENTS AND PERFORMANCE During 2023, our focus was on ensuring the long-terni sustainability and growth of the church in Euxlon, with a fo¢us on enabling th¢ spiritual gromth of ihose who are already members of our church family and on enabling oihers to know God and lo develop a lasting relationship with Him. Our approach had three key themes, and these will remain our focus over the coming years: Promoting individual and corporale discipleship* Wlth the aim of bringing us all closer to J¢sus and fostering a biblepcentred culture of continuous learnin& Facilitating oulreach a1Ville5, so thai we can be a key part of the local Community &nd share the gospel more widely. and Ensuring that we have th¢ right resouwes lo provide a church for today as well &8 building a healthy ¢hurch for tomorrow. To ensure a keen focus on these areas wa5 maintained, the PCC has established dedicated teams whi¢h are made up of PCC members and other members of the chuTch family a] whose role il is to lead on iheir area of fo¢us and to provide gUlar updates back to th¢ PCC. 13
PAROCHIAL CHURCH COUNCIL OF EUXTON PARISH CHURCH AP4NUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2023 Achlevements and PerforniAnee (eontinued) DIlpleShIp. This year. we promoted discipl¢ship in differenl ways. One key method of doing so was through the establishment of small groups which came tog¢th¢r on a regular b&sis to better understand the Bible. This included a 0Up that mel once a Tnonth lo explore the Psalms, and we also completed the Christianity Explored and Llfe Explored courses as well as 8 short in-house series [king at some of the key female characters in the Old Testament. We also had a corporate approach to growing discipleship, and we launched a l O-week discipleship Challenge to encourage people to invest and grow in their OHTA discipleship. On Maundy Thursday, we combined an agape meal with worship lo allow p¢opl¢ to experience the Easter story in a multisensory way. Outreach: In addition lo our usual outreach activities. such as having a presence at Euxton Gala and through pastoral visiting, we also arrnnged a number of events which we Advertised to the local community> such as a Coronation Quiz and a Coronation Big Lunch as well as a pastoral team afternoon tea. Re80urces: We re¢obmis¢ the importance of having the right resources available and we hav¢ worked hard this year to further improve our oversight of this key 8rea. Our quinquennial inspection ai the start ofthe year gave us a good baseline to ixgin with, and the repairs we made to the car park addre55ed a lo1-standing issue of concern. A significani step in the d¢v¢lopm¢nt of our resources was th¢ appotntment of a dedicated part-time administrator for the parish and this Post not only provides a ci)ordinating function but also ensures that clergy ar¢ abl¢ to b¢tter f¢xus on matters that require their attention. In addition to these three key areas of focus. we have continued to develop in other ways too. We supported the wider community. both pastorally through the provision of a dedicated baby lo& service and practically through various fundraising events. and we were delighted that one of our lay leaders began the pro¢ess of training for ordination. During 2023 we conducted 28 baptisms aThJ I wedding. Each of these o¢¢asional offices is an event for both the family cOemed and the community; a milestone in a petson's IAf¢ and we are delighted that we were able to provide these and prepare those involved. During the year we conducted 30 funerdls. Pastordl care is provided in all cases so thai the joys and sorrows of life are marked and people are supported, loved and welcomed into the Church with res1 and sensitivity. We believe, and have seen It to be true in experience, that the Christian hope of resurrection is transforniativ¢. Accordingly, we issue Jesus's invitation to walk with Him through life to all people. 14
PAROCHIAL CHURCH COUNCIL OF EUXTON PAIUSH CHURCH ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2023 Church and schoD We continue to enjoy strong links with our own school, Euxton Church of England Primary School. through the involvement of clergy? governoTS and parents. We ajso have a link with Trinity Bu¢kshaw Primary School which is a joint Church of England and Methodist foundation school in the parish, having a presence on the governing body. We also provid¢ a Foundation Governor for St Michael's Church of England High School in Chorley. This year. we particularly supported the proce55 to appoint a new Head1¢her at Euxton Church of England Prirnary School and also supported the SIAMS and Ofsied inspections thal took place in ihe school during ih¢ year, which were both outstanding. 3.10. In addition to these church schools, we have relationships with the other thre¢ schools in our parith. Many of our village schools normally visit us and use our church building for their Christmas c¢l¢brations. The effect of worshipping togeiher at Christmas wilh those who do not usually attend ¢hurch. as well &s doing so in an historic and beautiful church rather than in a school hall, is immeasurable. Volunteers 3.1 l Many people give their time and talents to make the church family a warm and vibrdnl community- The church would not function without them and we aTe grateful to all of them. Deanery Synod 3.12 The PCC is represeffled on the Deanery Synod. This provides the church with impN)rtanl communication between the parish and tk wider ¢hurch. FINANCIAL REVIEW Financial performance for the year ended 31 December 2023 is summarised on pag¢ 2 in the Statement of Financial Activities. 2023 was another ¢hall¢nging year finan¢ially as expenditure continued to exceed income. The tota income and endowments from all adivilies for th¢ year amounted to £139,153 a reduction of £72,276 (34.IY/o} in comparison lo the previous year. This Can be largely aliTibut¢d lo a reduction in grants and donations relating io the roof works that were18rgely completed in 2021. The total expenditure for the year was £151,305 a reduction of £159,917 (51.3¥/0) compared lo 2022. This was largely duc to the complelion of the repair works resulting in a spend of £167,178 on the works 10 the church building in 2022 compared with just £1,974 in 2023. The resulting loss of £12,152 before investment gains for the year shows a Significant differen¢e frorn the prior year Ios5 of £99,793. However, this 15 due to the significant ¢os( of roof repair works that were paid out in 2022. Financial perfonnance and position remain an area of great importance and is discussed in detail ai every PCC athl standing committee meeting. The PCC is aware of the posiiioii and remains ¢ommitted io achieving financial balance by reducing expendilure, promoting different ways of giving and Continuing lo seek support from the diocese. 15
PAROCHIAL CHURCH COUNCIL OF EUXTON PARISH CHURCH ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNC FOR THE YEAR ENDED 31 DECEMBER 2023 Financial review (eontinyed) The balance sheet on page 3 shows total t assets of £1.402,134 (2022.. £1,413,187). Of these amounts cash balances aeross a]1 organisalions amount lo £78,079 {2022'. £50,786), with accrued income of £5,724 and expenditure of £5.760 paid post year end. Although the cash at bk and in hand has increased in year, il is IMrtant to note Ihal £876 (1.140/0) is held in restricted fund5 as detailed below in the reserves policy. This compare$ lo £914 (1.80Q/ts) in the previous year. A further £14,415 relating to the roof appeal is held in a designated fund which is shown in the unrestricted ba]ances. A total of £15,302 (19.6/0) of the Cash balance5 relate to re5tri¢t¢d or d¢S1ted funds. Plannsj giving (throu¥h gift aid donations. plate collethions, standing orders and stewardship envelopes) and open plate coll¢¢tions in 2023 amounted to £53.123 an increase of £331 (0.6211/0) from the prior year. Sundry donations fell by £36,807 (76.840/0) compared to ihe prior yeaT. However, this mostly relates io donations destlated for the roof works received in 2022 which were nol repeated in 2023 as the Jnajority of the works had been completed in 2022. The PCC remain keen to boost this level of giving and conlinu¢ to review and revise way5 that giving can be received by the church. A stewardship camp&ign was launched in October 2023 which we hope will resuli in increased planned ving in 2024. The church continues to play an active part in the community and were able to hold vario5 fundraising a¢tLVlti¢s throvghout 2023 including Gala dayy 2 quiz nights, a tropic coffe¢ morning and the Chrismi8s memory Ir¢e raising £2.000, a net £152, £410 and £319 respectively. The aclivitie5 of the Community Centre continue to make up a substantial part of these financial statements. Income fri)m external general hire in the year increased by £12,750 (42.150/0) 10 £42,999 following a thorough review of the pricing and l)ooking Systen In place Carried out in 2022. Fundraising events for the community rentre Contrib¢d a further income of £5,507 an increase of £139 over the prior year. We continue to reclaim in¢om¢ tax on gift aid donations. this has contributed £1 1.832 to church funds in 2023. This is a highly important source of income and without which the cash position would be signifi¢antly worse. All who can are encouraged io increase their donation through the Gifi Aid scheme. We are promoting the $e of the Parish Giving scheme which not only eases some of the administrative burden of the gift aid claims process but also aids ¢hOW as the gift aid is paid out in the same rnonth a5 the eligible donatiQT15. Included in ihe amount above ar¢ ¢laims made under the Gift Aid Srnall Donations S¢heme (GASDS) whi¢h allows eligible charities to cla&m top up payments on any small cash don&tions they receive. up lo a maximum of £8,000 in dOnlon5 per year equating up to a thrther £2.000 in a tax year. 4.10 Our annual parish share payable to Blackburn Diocese remains the most significant part of our overall expendilure. The total payable in 2023 amounted to £73,000 (2022: £70.000)- This w&8 reduc¢d from £88,365 following conversation with the diese. A turther £6,889 remains outstanding for prior years (2020 and 2021). leaving a lolal of £79,889. This equates to more than IOOL¥/o of unre5tricled. unde5ignated donations and legacies (including income tax recovernble). It is worth noting that the ¢al¢ulation for th¢ parish share changed from 2020 onwards so that ihe payment no longer includes diocesan fee& these are now paid over separately which iotalled a further £5,657 in 2023. 16-
PAROCHIAL CHURCH COUIYCIL OF EUXTON PARISH CHURCH ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2023 Financial review {cotttinued) We were able to pay £49,(MXJ of the parish share request in 2023 with plan5 to pay the outading balan¢e of £24,000 following a PCC decision lo utilise Community Centre funds to meet the shortfall after the final gifi aid claim for 2023 was received. Thi5 payment was eveniually made in March 2024. The undery>ayment of £6,888.55 for prior years remain5 outstanding. As the parish share is not a legally enforceable debi the undeTpaymenl is not swn as a liability on the balance sheet. However, the PCC are aware of the balance and remain committed to making fLtture payments should our financial p05ilion allow us to. The fact that such a high proportion of in¢om¢ 1$ already accounted for in the torni of parish Share means if any exceplional costs are encountered in the year, the PCC would be faced with a significant financial challenge. 4.12 Member5 of ihe PCC are acutely aware of their responsibilities to the church in respect of managing the finances whi¢h are dis¢uss¢d al every tneeting. The majority of the ¢hurch's inlome is fmm donors and the PCC is graieful to the Congregation and the wider community for their continued financial support. 4.13 PCC as a whole continue to seek all opportunities lo reduce all ar of ¢xp¢ndilur¢ and JEcognise the need to increase incoming resour¢es ensuring we are able to m¢et liabilities as they fall due. Expenditure on mainlenaJKe and repair will always be required on the stru¢lure and fabric of our beautiful old ¢hurch building and the surrounding grouThls. Significant invesmienl lo th¢ Church building was ¢ompl¢ied in 2022 however. efforts continued into 2023 to ensure the costs of this work w&s covered and to rebuild serveS to ensure we remain able to maintain it going fonvards ensuring that it remains fit for purpose and meets the needs of our growing conEregation. RESERVES POLICY Reserves are held itt short-terni deposits and investments to ellsure that they are readily availabl¢ to meet the financial requirements of the Church'5 a]vill¢s. Tolal Charity funds equate to £1,402,134 as at 31 December 2023. of which £77,168 is held in unresiri¢ted funds. an increase of £23,315 compared lo the previous year, including £14,415 of designated funds for the roof works. The balance of £1,324,966 is retained in various restricted funds as follows: Community Centre Land & Buildings LeEa¢ie5 Church Organisations £1,309,571 £14,520 £875 17
PAROCHIAL CHURCH COUNCIL OF EUXTON PARISH CHURCH ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2023 PLANS FOR FUTURE PERIODS The key priority for the trustee5 in 2024 15 to be a healthy church which IrdnstOTms our ¢omtnunity. We are also ¢ommitted to ensuring the long-lemi firnn¢ial ViV¢bility of Ihe minislry of the church in Euxlon. All expenditure is scruiinised and strategies to increase income continue to be considered. STRucfuRE, GOVERNANCE AND MANAGEMENT At Ewxlon Parish Chur¢l m¢mbership of the PCC consists of th¢ incumbent and ¢urale. churchwardens, Deanery Synod reptEsentatives and members elected by those members of th¢ congregation who are on the eleclornl roll of the church and who attend the Annual Parochial Church Meeting. All those who attend services or who have a connection with the parish are encouraged to register on the electordl roll. The PCC is re5tK)nsible for making decisions on all matters of general concern and importance to the parish, includingy how the funds of the PCC are to be spent. The PCC contiriues lo meet regularly. All members of the PCC are active membeTS of the church, not only in committee but a150 as individuals. The Standing Committee meets bdween meetings where needed and the results of the deliberations are reported to the PCC. ADMINISTRATIVE INFORMATION The Parochial Church Council of the Ecclesiastical Parish of EtOn is situated on Wigan Road. Euxion. It is part of the Diocese of Blackbum within the Church of England. Ils correspondence addrS is The Viearage, Wigan Road, Euxton. Chorley. PR7 6JH. The PCC is a corporate body established by the chUh of England. Th¢ PCC operates under the Parochial Church Coun¢il Powers Measure, The PCC is a regisfrred charity under regtstration number 1130598. The meth(NJ of appointing members of the PCC is set out in the Church Representation Rules. The members of the PCC during 2023 were: Revd Jo Smitll Incumknt (Chair) Sarah Ball Reyd Amy BlaT]d Gail Bolton Ttm Cahill. from 21 May 2023 Rosemary dWIn. to 21 May 2023 Chri%tine Glen Andrew Grant Anne Howard Paul Howard. to 21 May 2023 Grant Ingham Gareth Jones Jenny Leap Shona L£e 18
PAROCHIAL CHURCH COUNCIL OF EUXTON PAIUSH CHURCH ANNUAL REPORT OF THE FAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2023 Matthew Power, to 21 May 2023 Maureen Rooney Martln Shaw, from 21 May 2023 Susan Swfft. from 21 May 2023 Gill Steele, to 21 May 2023 Sue Whyte, from 21 May 2023 This report was approved by the PCC on I W Pfpni and signed on ils behalf by: 8Lo Mrs Sbona l*e TrSllrer 19-