## **Liskeard Parochial Church Council** 

## **Registered Charity No. 1130720** 


## **Statement of accounts** 

**for the year ended 31 December 2022** 



## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2022** 

## **Introduction** 

The Parochial Church Council (PCC) is a registered charity, number 1130720. It is registered with the Charity Commission under the name "The Parochial Church Council of the Ecclesiastical Parish of St Martin, Liskeard", with the working name of "Liskeard PCC". The charity is also known as St Martin's Church, Liskeard. 

## **Aims and Purposes** 

Our primary purpose as a church is the promotion of the Gospel of our Lord Jesus Christ, according to the doctrines and practices of the Church of England. Our main charitable purpose is therefore the advancement of religion. The PCC is required by the Parochial Church (Powers) Measure 1956 to co-operate with the parish priest (vicar) in promoting in the parish the whole mission of the church, pastoral, evangelistic, social and ecumenical. 

The parish church of Liskeard is dedicated to St Martin and is part of the Diocese of Truro within the Church of England. It is a grade II* listed medieval church with a capacity of 550. Liskeard PCC has maintenance responsibilities for this church and thereby preserves this historic building for future generations. The PCC is also responsible for the maintenance of St Martin's Church Centre (a grade II listed building) & the  lower church hall in Church Street, Liskeard. 

## **Public benefit** 


In carrying out their responsibilities, the members of the PCC (who are the charity trustees) have had regard to the Charity Commission’s guidance on public benefit. As well as having an active church membership, St Martin's is used by the community for key events, with special services held throughout the year, such as the annual civic service and the Remembrance Day service. Special services are also held at Easter and Christmas, which many extra visitors and locals attend. The church also provides a focus for local people at key times in their lives, including baptisms, weddings and funerals. Since the disruption of so many services in 2020 due to COVID-19, the church has been live streaming services on its YouTube channel: (https://www.youtube.com/channel/UCkQ84Zh2Q67826P_-yuxp4A). 

One of the strengths of St Martin's is the range of services available, from the traditional sung Communion services, to the more modern services with worship led by a music group. Separate children's and youth groups are held during the 11:00 services. This provides a choice of worship styles, to make the church accessible to as many people as possible. 

The PCC’s mission statement is "Through the power of the Spirit to bring the love of Jesus to our community, to make disciples and to worship God". With this mission statement in mind, we provide support to local families and individuals through a range of activities: 

- Acting as a frontline support service to distribute crisis funding to those in real need. In 2022 we made 34 payments totalling £2,500 and helping 69 adults and children in need. 

- Continuing the work of our Christians Against Poverty debt centre which helps people become and stay debt free, and which covers the Liskeard and Looe area. During the year we took on 17 new clients and saw £25,170 of debt repaid or written off. Since starting in April 2019 the centre has worked with 79 clients, and £211, 949 of debt has been repaid or written off. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2022** 

## **Public benefit (continued)** 

- Running face to face and online Alpha and Youth Alpha courses for those exploring the Christian faith. During the year, 23 people attended these courses. 

- Running "Kids Matter" parenting courses in conjunction with local schools. We only ran the one course in 2022, with 6 parents, but are planning several in 2023. 

- Running "Transforming Lives for Good" mentoring sessions with children in one of our primary schiools. We currently have four mentors, each working with one child. Two more mentors are being trained up. 

- Running an annual outdoor Carpark Carols service. In 2022 the event was run at the community college as a Christingle service with over 200 people attending. 

- Expanding the number of "Life Groups" where small groups meet to share and explore their faith. During 2022 five new life groups were established, and three more are already scheduled to start in early 2023. 125 individuals are now attending life groups. 

- Running youth activities, and running a weekly "Blaze Kids' Club", which is for years 2 to 6, and reaches an average of 18 children. 

- Running our weekly ABC groups (Adults, Babies, Children). The year started with an average of 18 children per week and grew to 26 by the end of the year, with roughly the same number of adults attending. 

- Attending weekly assemblies at two of the three primary schools in the parish under the "Open the Book" initiative. As a result, 420 children see dramatised versions of Bible Stories. 

- Continuing to be an Eco Church, and working towards our Silver Eco Church award, which we expect to achieve in the first quarter of 2023. 

St Martin's has an established internet and social media presence. Details of the church's services and other regular events can be obtained from the church office, or 

the church's website  (https://smartchurchliskeard.co.uk) or 


"A church near you" web site (www.acny.org.uk/2577/). 

The church, the church centre and the lower hall act as venues for a huge range of community groups and the members of St Martin's Church also support a range of local and international charities in the work that they do. 

## **Objectives and activities** 


The church's "Transforming Mission" project is part funded by the Church Commissioners and the Diocese of Truro. The project is designed to help St Martin's Church grow and develop into a resourcing church, helping other churches in South East Cornwall to grow as well. We continued to grow in 2022, and now have a membership of about 240 adults and about 25 children and youth. We also started to work with other parishes in 2022. 

In addition to the vicar (church leader) and curate, the church's Transforming Mission team includes: an operations manager; worship leader; pioneer leader (overseeing families, youth and children's work); a families' worker; and an intern. The church also employs a CAP centre manager (Christians Against Poverty), a parish administrator; and a cleaner for the church centre complex. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2022** 

## **Vision and missional priorities** 

The church’s vision document can be found on our website, using this QR code, or visiting https://smartchurchliskeard.co.uk/about/#vision. 

In response to Jesus' love and generosity to us, our missional priorities are: 

- Mission, evangelism & growth 


- Discipleship & good teaching 

- Families & young people 

- Community and looking after the poor 

This diagram shows how what we do as a church fits in to these missional priorities. 


## **Achievements and performance** 

## _**Church attendance**_ 

The number on the new electoral roll for 2022-2023 is 185, comprising 141 people resident in the parish and 44 who are non-resident. The 2022 update resulted in 14 names being removed, and 22 new people being added to the electoral roll. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2022** 

## _**Church attendance (continued)**_ 

The following numbers relate to the average attendances for the last three months of 2022, excluding special Christmas services and activities (which are shown separately). Online numbers relate to attendance via YouTube: 

- 9:15 Sunday service: 44 attended church on average, with 55 YouTube views (2021: 42 attended, 37 online viewings). 

- 11:00 Sunday service: 89 attended church on average, including an average of 22 children, with 96 YouTube views (2021: 77 attended, including 15 children, and 64 online viewings). 

- Wednesday morning communion (not online): 21 attended on average (2021: 20). 

The total average weekly attendance for the last three months of 2022 was therefore 154 people, with 151 YouTube views (2021: 139 people with 101 online viewings). 

Over Christmas, over 2,000 people attended the special services and events such as Carol services, Christingle services, the crib service, musical nativities and the Carpark carols. This is in addition to the usual service attendances. 

## **Marks of membership** 

St Martin's Church continues to promote its "marks of membership": 

- Regular church attendance (in person or online). 

- Being part of a life group. 

- Being part of a team (such as welcoming, refreshments, audio-visual). 

- Giving regularly through one of our planned giving schemes. 

## **Summary of the results for the year** 

Along with most other organisations, the end of 2022 saw unrealised losses in the church’s investments in response to the war in Ukraine, the cost of living crisis and the energy crisis. The resulting  loss on the church's investments was -£42,555 (2021: a gain of £53,836). This gave rise to an overall loss for the year of -£16,266 (2021: a surplus of £39,425). This is made up of a surplus on the general fund of £33,313 (2021: a surplus of £6,688), a loss on restricted funds of -£20,416 (2021: a loss of -£2,099) and a loss of -£29,163 on the endowment fund (2021: a surplus of £34,836). 

During the year we received a one-off donation of £35,000, split 50:50 between the halls fund and the mission fund. Even with this large one-off donation, our restricted funds made an operating deficit of -£8,378. This is because of the parish contribution to the Transforming Mission project, and the incurring of professional fees in advance of the halls renovation project, which we hope to start in 2023. 

For the past number of years the general fund has had an underlying operating deficit, once large one-off transactions have been stripped out. However, this year the general fund produced a strong operating surplus. The main reason was a significant increase in both planned giving and other donations as a result of the growth in church members and our continued  reference to giving as one of our marks of membership (see above). Whilst the number of community hall users continued to increase following the slump caused by COVID, the massive increases in heating costs from 1 October 2022 effectively cancelled out that growth, so that our halls running costs slightly exceeded our halls income. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2022** 

## **Summary of results for the year (continued)** 

With no expenses on the endowment fund this always produces an operating surplus. We used almost all of the income generated by this fund to help with church maintenance and similar costs, but the unrealised loss in investments resulted in the overall fall in the value of the endowment fund. 

Whilst our diocesan Mission & Ministry Fund call for 2022 was  £67,170, we continued to pay £70,000 towards the fund, making a small additional contribution to the overall call for our deanery. We intend to continue at this level for 2023. Whether we can continue to pay more than our call beyond 2023 will depend on our ability to cover the increasing parish contributions towards the Transforming Mission project. 

## **Looking forward to 2023** 

Our budget for 2023 is set out on pages 25 and 26, and shows an overall deficit of -£19,230. Within this deficit is the 2023 parish contribution to Transforming Mission of £40,000. This parish contribution will continue to increase year on year, as shown on page 7. The Mission Fund, which currently covers the parish contribution to Transforming Mission, will run out around the middle of 2025, unless we start to fund more of the parish contributions from the general fund. 

After Easter we will sadly lose both our vicar and our curate, and we wish them well in their new posts. Thankfully, we have a strong staff team and many highly active volunteers. We also have a strategy in place of continued growth for the year, and an action plan for implementing that strategy. In the meantime we will be seeking and hopefully welcoming our next vicar during 2023. 

## _**Church halls complex**_ 

Our church hall complex is a wonderful asset for the church, providing space for many church and community activities. However, it is in desperate need of major repair work. The roof is the original 160 year old roof, with patches on patches, and damp is getting into the building in many places. 

We have carried out a survey amongst key stakeholders and created a report outlining the changes to the church centre and the lower hall that our users are requesting. Our architects have used this report to produce a plan, and we have instructed quantity surveyors to create initial costings for the project. The costs for the plan will be in the region of £1.2m to £1.4m. A key aspect of the work we wish to undertake is to improve energy sustainability, introducing internal insulation and installing solar panels when the buildings are being reroofed. 

Given these costs, the planned renovation is likely to take several years to complete. We will break the project down into phases, and proceed with the work as and when we can raise the funds for the next phase. 

- Phase 1: consultation and design, followed by obtaining formal costings, is now completed. 

- Phase 2: make the building watertight, which involves a full overhaul of the roof and guttering, reusing existing tiles wherever possible. Whilst we have the scaffolding in place we will install PV solar panels on the roof, and do the related works inside, such as adding insulation. 

- Phase 3: once the building is watertight, upgrade the cellars (youth club area), including the kitchen and toilet areas and adding internal insulation. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2022** 

## _**Church halls complex (continue)**_ 

- Phase 4: make any necessary improvements to the rest of the building, including improving the toilets, creating a new commercial standard kitchen, and creating a mezzanine area with additional meeting rooms. 

- Phase 5: work on the car parking area and investigate the feasibility of extending it into the diocesan land behind the rectory. Sign the 25-year lease with the diocese once the feasibility is confirmed. At this stage we will also investigate the feasiability of renewing the heating systems, perhaps using ground or air source heat pumps. 

- Phase 6: upgrade the lower hall. 

We will be seeking grant-funding for each phase of the work, and will need faculties in place for the church centre, as it is now a listed place of worship. 

## **Safeguarding** 

The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). 

## **Reserves policy** 

Reserves are defined as that part of the PCC's income that is freely available. This excludes the PCC's restricted and endowment funds and income which can only be realised by selling fixed assets held for charity use. 

**General fund:** The PCC does not intend to build up large reserves. To minimise the risk of being unable to meet all its financial obligations as they fall due, including full payment of the Mission & Ministry Fund (MMF), and be able to pay all salaries for the Transforming Mission team, the PCC is aiming to hold sufficient liquid general fund resources to meet 8 months’ running costs. 

As at 31 December 2022, the general fund resources that are readily realisable represent 11.5 months’ routine general fund payments (2021: 9.2 months). However, the Transforming Mission (TM) fund now forms an integral part of our day to day operations, with as much operational expenditure going through that fund as goes through the general fund. When the general and TM funds are combined, the available reserves fall to 7.3 (2021: 4.6) months' expenditure. 

**Restricted funds:** The PCC does not plan to hold significant restricted funds and the PCC will seek to use the restricted funds to support the general activities of the church, within the restrictions placed on those funds. Where special needs arise, the PCC will seek external grant funding and instigate fundraising activities and appeals to meet that need. 

As part of our Transforming Mission project, the external funding decreases year on year and the PCC must contribute more and more to the costs. The PCC will use its restricted funds to help provide some longer term financial security during this period. In particular, as the church grows under the Transforming Mission project, the Mission Fund will be a vital resource to helping us with the transition from fully funded to financially self-sustainable. 

The table on the next page shows the past and future split between external funding and parish funding for the project, based on the latest financial projections. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2022** 

## **Reserves policy (continued)** 

|Year<br>2019<br>2020<br>2021<br>2022<br>2023<br>2024<br>2025<br>2026<br>**Total**|Parish contributions<br>based on the latest<br>reforecast<br>Church<br>Commissioners /<br>Truro Diocese funding<br>Total<br>project<br>cost<br>£0<br>£13,369<br>£13,369<br>£8,013<br>£89,141<br>£97,154<br>£18,988<br>£117,115<br>£136,103<br>£30,000<br>£107,239<br>£137,239<br>£40,000<br>£84,870<br>£124,870<br>£60,000<br>£86,848<br>£146,848<br>£85,000<br>£66,740<br>£151,740<br>£128,820<br>£24,679<br>£153,499|
|---|---|
||**£370,821**<br>**£590,000**<br>**£960,821**|



The fall in the project costs for 2023 are a result of staff changes at the end of 2022. At 31 December 2022 the Mission Fund had £140,389 in it. So, on the current forecast, the fund will be exhausted by mid 2025. However, we may choose to use more of our general fund resources in the next year or two to extend the life of the Mission Fund into 2026 or 2027 and smooth out the transition to financial sustainability. 

**Endowment fund:** The PCC benefits from the Lanseaton endowment fund, which was created by the sale of property. As an endowment fund, we cannot spend the capital and the income from the fund can only be used for ‘ecclesiastical purposes’. In the past, the PCC has been able to use this to help finance major projects, such as the church reordering. Where such projects are foreseeable the PCC may designate the income from this fund to be used for those projects. Otherwise, the PCC will seek to use the income to support the general activities of the church, within the restrictions placed on the fund. 

## **Parochial Church Council (PCC)** 

The PCC is the governing body of the church, and its members are the trustees of the charity. The PCC met seven times during the year. The day to day management of the church is undertaken by the clergy and staff team. The role of the PCC is to review, advise on and approve strategic issues, risk assessments, policies and procedures and the church's financial position. 

During the year the PCC considered a range of topics, including: 

- Regular consideration of safeguarding; health & safety; finances; and mission activities & initiatives. 

- Approving the arrangements and lines of responsibility during the vicar's sabbatical. 

- - Working with the Bishop of Truro and the Diocesan Registrar to change the status of the Church Centre to a Place of Worship. 

- Reviewing and approving policies. 

- Receiving updates on Transforming Mission, staffing changes and the various activities in the church. 

- Reviewing the strategy documents relating to the next stage of the church's growth plan. 

- Approving the leasing of and routine management responsibilities for a recreational field known as Maudlin Field from Cornwall Council. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2022** 

## **Structure, governance and management** 

Liskeard PCC is an unincorporated charity. The method of appointment of PCC members is set out in the Church Representation Rules 2020. All Church attendees are encouraged to register on the electoral roll and stand for election to the PCC. PCC members are encouraged to attend relevant training days offered by the Diocese of Truro. 

## **Risk assessment** 

The PCC's main risk is the financial risk stemming from increasing parish contributions up to 2026 and the need to become financially self-supporting by 2027 as the grant funding for Transforming Mission comes to an end. The PCC is blessed by the existence of the Mission Fund, which helps mitigate this risk in the short-term. 

The route to financial sustainability was always going to be challenging, but COVID has put the church's growth plans back by about two years. The future emergence of a new and aggressive variant of COVID would make that challenge even more difficult. 

Our vicar will be leaving the church at the end of Easter, and our curate will have moved to his first parish post as vicar two weeks earlier. There is a risk that this could slow our growth, whilst we wait for our next vicar. We have a strategy in place to continue our growth, and we will work hard to ensure that the strategy continues to be implemented during the period of transition from one vicar to the next. 

As the church increases its work with the local schools and communities and with other parishes across South East Cornwall, another significant risk is having insufficient volunteers to support the work. The aim of this work to help the church to grow, and so have more people available to help. A lack of volunteers may slow that work and growth down. 

Having established what our church and community users of the church centre and lower hall are wanting from the halls renovation project, and having had those wishes put into costed plans, the scale of the funding required is now clear. The project will likely take several years, and whilst the estimated costs include the usual 10% contingency, they do not allow for inflation. It is possible that this project will simply become unaffordable. 

To mitigate this risk we will look for cost reductions where possible, and only commit to the project one phase at a time, once we are clear that we have the necessary funding in place. What we need to avoid is diverting funding from the Transforming Mission project to the halls renovation project, and so jeopardising the church's longer-term financial sustainability. 

## **Net Zero 2030** 

The Church of England passed a resolution at General Synod for the whole of the Church of England to aim to be net zero emissions by 2030. This is an ambitious target and relates to all aspects of the Church of England's activities. 

As indicated in the public benefit part of this report, St Martin's Church signed up to the A Rocha Eco Church scheme and was awarded its bronze certificate in 2021. We have mapped out our route to the silver award and aim to achieve this is early in 2023. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2022** 

## **Net Zero 2030 (continued)** 

St Martin's Church is the second largest parish church in the diocese, and before the energy crisis it was used regularly throughout the week, as is the church halls complex. Keeping these historic buildings warm and inviting is energy intensive, and whilst we are on 100% renewable electricity, the main source of heating remains gas. We will explore options for improving our energy efficiency and method of heating in the future, particularly as the market in this area develops. 

The cost of gas and electricity increased significantly from 1 October 2022. If we had continued to use energy at the same level as the previous year, our costs would have increased from £10,000 per annum to about £34,000. Whilst energy prices remain high, we have moved as much activity as possible out of the church building into the halls complex, as the halls are cheaper to heat. We have now reduced the background heating in the church building, and are only heating the church for services and other key events. Even so, our energy costs are still significantly higher. We are grateful to the Diocese of Truro for their financial support to all the churches in the diocese, and specifically for their grant of £7,994 to St Martin's church to help us with our increased heating costs. 

The graphs below show our energy usage and costs from 2019 to 2022. Of course, during 2020 and 2021 there were periods of lockdown where our buildings were shut, and energy use was minimal. 


**----- Start of picture text -----**<br>
Energy usage (kWh)<br>300,000<br>250,000<br>200,000<br>150,000<br>100,000<br>50,000<br>0<br>2019 2020 2021 2022<br>Church gas (kWh) Upper hall gas (kWh) Lower hall gas (kWh)<br>Halls electricity (kWh) Church electricity (kWh)<br>**----- End of picture text -----**<br>



**----- Start of picture text -----**<br>
Energy costs (£)<br>£16,000<br>£12,000<br>£8,000<br>£4,000<br>£0<br>2019 2020 2021 2022<br>Church gas (£) Upper hall gas (£) Lower hall gas (£)<br>Halls electricity (£) Church electricity (£)<br>**----- End of picture text -----**<br>


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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2022** 

## **Administrative information** 

Revd Steve Morgan is the vicar of the benefice of Liskeard & St Keyne. Initial contact with the PCC will normally be via Mrs Nikki Carter, the church's Operations Manager, in the church office. 

The address and other contact details are: 

Address St Martin's Church, St Martin's Church Centre, Church Street, Liskeard, PL14 3AQ Telephone 01579 347411 E-mail office@smartchurchliskeard.co.uk Web www.smartchurchliskeard.co.uk 

The members of PCC who have served since the commencement of the financial year until the approval of the accounts are set out below, along with any other responsibilities they have: 

Vicar Rev Steve Morgan Curate Rev Phil Aindow Reader, Deanery lay chair, & Mrs Sheri Sturgess PCC lay chair Church Wardens Mrs Kate Crawshaw Resigned 20 Mar 22 Mr John Vincent Miss Rachael Pryor Treasurer & Diocesan Synod Mr Mike Sturgess Deanery Synod Mrs Linda Dean Appointed 20 Mar 22 Mr John Kendrick-Crawshaw Resigned 20 Mar 22 Mrs Janet Martin Other PCC members Mr Darren Arulvasagam Appointed 20 Mar 22 Mr Mick Chandler Mrs Susan Hearne Mrs Margaret Mills Caroline Shepherd Appointed 20 Mar 22; resigned Caroline Margaret Tapsell 28 Jun 22 Christine Thompson Appointed 20 Mar 22 

Mrs Nikki Carter is a member of deanery synod, but attends the PCC meetings in a non-voting capacity as Operations Manager and PCC Secretary. 

Mike Sturgess is Chair of the Truro Diocesan Board of Finance Limited and sits on the board's governing body, the Bishop's Diocesan Council. The Truro Diocesan Board of Finance is the custodian trustee holding the church halls complex and the Lanseaton Endowment Fund on behalf of Liskeard PCC, which is the managing trustee. 

The PCC's independent examiner of the financial statements is Andrew Farr of Dawe, Hawken & Dodd, Callington. 

The PCC's bankers are: HSBC, Barras Street, Liskeard; HSBC, Fore Street, St Austell; and CAF Bank, Kings Hill, West Malling. 

The PCC's investment managers are CCLA, Queen Victoria Street, London. 

Mike Sturgess, Treasurer 

6 March 2023 

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## **Liskeard Parochial Church Council Some key facts and trends for the year ended 31 December 2022** 

Our general fund giving increased by £27,000 in 2022. The main component remains our planned giving schemes, especially PGS, the Church of England's Parish Giving Scheme. Although planned giving is the main component, giving by bank transfer, using the card reader in church, and giving online via ChurchSuite also make a significant contribution. We do not take a collection at our services, so we only receive a small amount of cash donations. 


**----- Start of picture text -----**<br>
£30,000<br>Planned giving<br>£25,000<br>£20,000<br>£15,000<br>£10,000<br>£5,000<br>£0<br>Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4<br>2019 2019 2019 2019 2020 2020 2020 2020 2021 2021 2021 2021 2022 2022 2022 2022<br>PGS taxpayers PGS non-taxpayers Standing orders taxpayers<br>Standing orders non-taxpayers CAF Gift aid<br>**----- End of picture text -----**<br>


Our second largest income source is the Transforming Mission grant from the Diocese of Truro and the Church Commissioners. The total grant allocated to the project is £590,000. By the end of 2022 we had received nearly £327,000, leaving 263,000 to come. 

Turning to expenses, our largest costs are our MMF (Ministry & Mission Fund payable to the diocese towards our costs of ministry and shared central costs); and our parish contribution towards the costs of Transforming Mission. 

At the moment we are paying more than our ministry costs for MMF, and will continue to do so in 2023, as part of helping our deanery reach financial sustainability. However, we are likely to need to reduce this as our parish contributions to TM increase. St Martin's church has always paid it's MMF call in full, and intends to continue to do so in the future. 

The combined Transforming Mission parish contribution and MMF will likely reach almost £220,000 by 2027, before any other costs such as utilities, insurance and maintenance of our buildings. 

Combined actual & projected TM parish contributions and MMF payments from 2019 to 2026 


**----- Start of picture text -----**<br>
£240,000<br>£210,000<br>£180,000<br>£150,000<br>£120,000<br>£90,000<br>£60,000<br>£30,000<br>£0<br>2019 2020 2021 2022 2023 2024 2025 2026 2027<br>TM Parish Contribution MMF payments<br>**----- End of picture text -----**<br>


Page 11 



## **Liskeard Parochial Church Council Statement of Financial Activities For the year ended 31 December 2022** 

|**Note**<br>**INCOMING RESOURCES**<br>Income from donations and legacies<br>2a<br>Income from church activities<br>2b<br>Income from other trading activities<br>2c<br>Investment income<br>2d<br>Other income<br>2e<br>**RESOURCES USED**<br>Expenditure on raising funds<br>3a<br>Expenditure on church activities<br>3b<br>Other expenditure<br>3c<br>**NET INCOMING / (OUTGOING) RESOURCES**<br>**BEFORE INVESTMENT GAINS**<br>**GAINS AND LOSSES ON INVESTMENTS**<br>Investment gains / (losses)<br>_- Realised gains / (losses)_<br>_- Unrealised gains / (losses)_<br>**TRANSFERS BETWEEN FUNDS**<br>Transfer into funds<br>14<br>Transfer out of funds<br>14<br>**NET MOVEMENT IN FUNDS**<br>Opening balances<br>**BALANCES C/FWD AT 31 December 2022**<br>**For the year ended 31 December 2022**|**________________ 2021 ____________________**<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Total**<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Total**<br>**Funds**<br>**Funds**<br>**Funds**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>142,426<br>174,520<br>0<br>316,946<br>115,430<br>174,191<br>0<br>289,621<br>24,368<br>0<br>0<br>24,368<br>14,122<br>0<br>0<br>14,122<br>5,676<br>0<br>0<br>5,676<br>3,509<br>0<br>0<br>3,509<br>4,397<br>766<br>8,137<br>13,300<br>2,676<br>26<br>7,833<br>10,535<br>28<br>500<br>0<br>528<br>4,205<br>9,564<br>0<br>13,769<br>**£176,895**<br>**£175,786**<br>**£8,137**<br>**£360,818**<br>**£139,942**<br>**£183,781**<br>**£7,833**<br>**£331,556**<br>1,960<br>115<br>0<br>2,075<br>1,910<br>25<br>0<br>1,935<br>145,723<br>173,004<br>0<br>318,727<br>137,907<br>193,617<br>0<br>331,524<br>2,682<br>11,045<br>0<br>13,727<br>2,396<br>10,112<br>0<br>12,508<br>**£150,365**<br>**£184,164**<br>**£0**<br>**£334,529**<br>**£142,213**<br>**£203,754**<br>**£0**<br>**£345,967**<br>**26,530**<br>**(8,378)**<br>**8,137**<br>**26,289**<br>**(2,271)**<br>**(19,973)**<br>**7,833**<br>**(14,411)**<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>(112)<br>(10,472)<br>(31,971)<br>(42,555)<br>204<br>19,031<br>34,601<br>53,836<br>26,418<br>(18,850)<br>(23,834)<br>**(16,266)**<br>(2,067)<br>(942)<br>42,434<br>**39,425**<br>6,895<br>30,000<br>0<br>36,895<br>9,794<br>20,027<br>0<br>29,821<br>0<br>(31,566)<br>(5,329)<br>(36,895)<br>(1,039)<br>(21,184)<br>(7,598)<br>(29,821)<br>**£33,313**<br>**(£20,416)**<br>**(£29,163)**<br>**(£16,266)**<br>**£6,688**<br>**(£2,099)**<br>**£34,836**<br>**£39,425**<br>117,159<br>355,684<br>304,821<br>777,664<br>110,471<br>357,783<br>269,985<br>738,239<br>**£150,472**<br>**£335,268**<br>**£275,658**<br>**£761,398**<br>**£117,159**<br>**£355,684**<br>**£304,821**<br>**£777,664**<br>**__________________ 2022 __________________**|
|---|---|



Page 12 



## **Liskeard Parochial Church Council Balance Sheet** 

|**For the year ended 31 December 2022**<br>**Notes**<br>**FIXED ASSETS**<br>**Tangible Fixed Assets**<br>6<br>**Investments**<br>7<br>**CURRENT ASSETS**<br>Debtors<br>8<br>Cash at bank and in hand<br>9<br>**LIABILITIES: AMOUNTS FALLING DUE WITHIN**<br>**ONE YEAR**<br>10<br>**NET CURRENT ASSETS**<br>**LIABILITIES: AMOUNTS FALLING DUE IN**<br>**MORE THAN ONE YEAR**<br>**NET ASSETS**<br>**FUNDS**<br>Opening balances<br>Surplus / (deficit)<br>Transfers<br>14<br>Realised and unrealised gains/(losses)<br>**TOTAL FUNDS AT 31 December 2022**<br>11<br>**_**<br>These financial statements were approved by the PCC<br>on 6 March 2023 and signed on its behalf by:|**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>5,967<br>130,152<br>0<br>3,993<br>133,895<br>272,615<br>9,960<br>264,047<br>272,615<br>16,444<br>11,407<br>0<br>129,283<br>66,018<br>3,043<br>145,727<br>77,425<br>3,043<br>5,215<br>6,205<br>0<br>140,512<br>71,220<br>3,043<br>0<br>0<br>0<br>**£150,472**<br>**£335,267**<br>**£275,658**<br>117,159<br>355,684<br>304,821<br>26,530<br>(8,378)<br>8,137<br>6,895<br>(1,566)<br>(5,329)<br>(112)<br>(10,472)<br>(31,971)<br>**£150,472**<br>**£335,268**<br>**£275,658**<br>**_________________ 2022 _______**<br>|**Total**<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Total**<br>**2022**<br>**Funds**<br>**Funds**<br>**Funds**<br>**2021**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>136,119<br>7,664<br>154,756<br>0<br>162,420<br>410,503<br>4,105<br>144,367<br>304,587<br>453,059<br>546,622<br>11,769<br>299,123<br>304,587<br>615,479<br>27,851<br>18,966<br>64<br>0<br>19,030<br>198,344<br>90,200<br>59,040<br>234<br>149,474<br>226,195<br>109,166<br>59,104<br>234<br>168,504<br>11,420<br>3,776<br>2,543<br>0<br>6,319<br>214,775<br>105,390<br>56,561<br>234<br>162,185<br>0<br>0<br>0<br>0<br>0<br>**£761,397**<br>**£117,159**<br>**£355,684**<br>**£304,821**<br>**£777,664**<br>777,664<br>110,471<br>357,783<br>269,985<br>738,239<br>26,289<br>(2,271)<br>(19,973)<br>7,833<br>(14,411)<br>0<br>8,755<br>(1,157)<br>(7,598)<br>0<br>(42,555)<br>204<br>19,031<br>34,601<br>53,836<br>**£761,398**<br>**£117,159**<br>**£355,684**<br>**£304,821**<br>**£777,664**<br>Mike Sturgess<br>Steve Morgan<br>Treasurer<br>Rector<br>**________________ 2021 ____________________**<br>**___________**|
|---|---|---|



Page 13 



## **Liskeard Parochial Church Council Notes to the accounts For the year ended 31 December 2022** 

## **1 ACCOUNTING POLICIES** 

The PCC is a public benefit entity within the meaning of FRS102.  The financial statements have been prepared: 

- under the Charities Act 2011: and 

- in accordance with the Church Accounting Regulations governing the individual accounts of PCCs, and with the Regulations’ “true and fair view” provisions; 

- together with FRS102 as the applicable accounting standards; and 

- - the 2019 version of the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP(FRS102)). 

The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at fair value. 

## _**Funds**_ 

General funds (or unrestricted funds) represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. 

Restricted funds are those that must be spent on restricted purposes. Endowment funds only allow the income generated by the capital to be expended, and then only on the restricted purpose of the fund. Details of the various funds held by the PCC are provided in note 11. 

The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members. 

## _**Incoming Resources**_ 

Income and endowments are included in the Statement of Financial Activities (SOFA) when: 

- 1 the PCC becomes legally entitled to the use of the resources; and 

- 2 inflow of economic benefit is probable; and 3 the monetary value can be measured with sufficient reliability. 

In practice, this means that: 

- Collections are recognised when received by or on behalf of the PCC. 

- Planned giving receivable under gift aid is recognised only when received. 

- Tax recoverable on gift aid donations and under the Gift Aid Small Donations Scheme is recognised when the related income is recognised. 

- Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain. 

- Funds raised by fundraising events are accounted for gross. 

- Sales of books, cards and magazines are accounted for gross. 

- - Monies received from external users of the church and church halls are recognised in the same period as the related usage. 

- Investment income is accounted for when receivable. 

- Investment gains or losses are recognised when investments are sold and on revaluation of investments at 31 December. 

## _**Resources Used**_ 

- Grants awarded by the PCC and donations made are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. 

Page 14 



**Liskeard Parochial Church Council Notes to the accounts For the year ended 31 December 2022** 

## **1 ACCOUNTING POLICIES (CONTINUED)** 

## _**Resources Used (continued)**_ 

- The diocesan Mission & Ministry Fund (MMF) is accounted for when payable. Any MMF unpaid at 31 December is provided for in the financial statements as an operational (though not legal) liability and is shown as a creditor. 

## _**Fixed Assets**_ 

## _Consecrated land and buildings and moveable church furnishings_ 

- St Martin’s Church in Liskeard, as consecrated and beneficed property, is excluded from the accounts by section 10(2)(a) and (c) of the Charities Act 2011. 

- No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal, since the PCC considers this to be inalienable property. 

- All expenditure incurred during the year on consecrated or benefice buildings and maintenance or improvements of movable church furnishings is written off as expenditure in the SOFA and separately disclosed. As a result, the costs of any major works are written off during the year incurred. 

## _Church halls complex_ 

- The church hall complex is depreciated at 2% per annum straight-line based on an estimated 50 year-life. The PCC has taken advantage of the transitioning provisions of the Charities SORP (FRS 102) 2015 to “freeze” the cost as shown in the financial statements at 1 January 2015, as a substitute for the historic cost of the church halls complex. 

## _Solar panels_ 

- The solar panels on the church roof are depreciated on a straight-line basis over 20 years, which is their expected operational life. 

## _Reordering furniture and equipment_ 

- All assets are depreciated on a straight-line basis. The chairs and tables for the church that were bought during the reordering are depreciated over 10 years; the audio-visual and CCTV equipment are depreciated over 5 years, and the computers over 3 years. 

_Other fixtures, fittings and office equipment_ 

- Equipment used within the church premises is depreciated on a straight-line basis over 4 years. Computer equipment is depreciated on a straight-line basis over 3 years. Individual items of equipment with a purchase price of £100 or less are written off when the asset is acquired unless part of a larger system acquired at the same time. 

## _**Investments**_ 

- Investments are valued at market value at 31 December each year. 

## _**Current Assets**_ 

- Amounts owing to the PCC at 31 December in respect of fees, use of the church or church halls or other income are shown as debtors less provision for amounts that may prove not to be collectable. 

- Cash at bank and in hand includes cash held on deposit either with the CBF Church of England Funds or at HSBC or CAF bank accounts. It also includes the various petty cash floats held, including cash or food vouchers held for the poverty fund. 

## _**Liabilities**_ 

- Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. 

Page 15 



## **Liskeard Parochial Church Council** 

## **Notes to the accounts** 

|**For the year ended 31 December 2022**<br>**2**<br>**INCOMING RESOURCES**<br>**Notes**<br>**2a Income from donations and legacies**<br>Gift aided planned giving<br>Tax recoverable<br>Other planned giving<br>Collections<br>Grants and benefice churches' contributions<br>Note 13<br>Donations and appeals<br>Donations for special purposes<br>Legacies<br>2b **Income from church activities**<br>Income from church halls<br>Income from church bookings<br>Fees paid to the PCC (for weddings & funerals)<br>2c **Income from other trading activities**<br>Income from various trading activities<br>Fundraising activities<br>2d **Investment income**<br>Income from investment funds<br>Bank and building society interest<br>Feed In Tariff<br>Profit on sale of assets<br>2e **Other income**<br>Miscellaneous income<br>**TOTAL INCOMING RESOURCES**<br>**TOTAL RESOURCES EXPENDED**<br>**NET INCOMING / (OUTGOING) RESOURCES**<br>**BEFORE INVESTMENT GAINS**|**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>**__________________ 2022 ________**|**Total**<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>**__________**<br>**________________ 2021 _________**|**Total**<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>**__________**<br>**________________ 2021 _________**|**Total**<br>**£**<br>**_________**|
|---|---|---|---|---|
||56,813<br>841<br>0<br>19,223<br>335<br>0<br>28,843<br>2,180<br>0<br>3,825<br>0<br>0<br>10,208<br>135,601<br>0<br>18,565<br>35,563<br>0<br>2,949<br>0<br>0<br>2,000<br>0<br>0|57,654<br>19,558<br>31,023<br>3,825<br>145,809<br>54,128<br>2,949<br>2,000|38,722<br>2,980<br>0<br>20,482<br>574<br>0<br>28,938<br>2,070<br>0<br>1,239<br>0<br>0<br>6,513<br>133,133<br>0<br>10,182<br>34,879<br>0<br>1,683<br>555<br>0<br>7,671<br>0<br>0|41,702<br>21,056<br>31,008<br>1,239<br>139,646<br>45,061<br>2,238<br>7,671|
||142,426<br>174,520<br>0|316,946|115,430<br>174,191<br>0|289,621|
||17,315<br>0<br>0<br>1,050<br>0<br>0<br>6,003<br>0<br>0|17,315<br>1,050<br>6,003|7,464<br>0<br>0<br>91<br>0<br>0<br>6,567<br>0<br>0|7,464<br>91<br>6,567|
||24,368<br>0<br>0|24,368|14,122<br>0<br>0|14,122|
||0<br>0<br>0<br>5,676<br>0<br>0|0<br>5,676|158<br>0<br>0<br>3,351<br>0<br>0|158<br>3,351|
||5,676<br>0<br>0|5,676|3,509<br>0<br>0|3,509|
||42<br>0<br>8,097<br>1,250<br>766<br>40<br>2,455<br>0<br>0<br>650<br>0<br>0|8,139<br>2,056<br>2,455<br>650|17<br>0<br>7,832<br>35<br>26<br>1<br>2,624<br>0<br>0<br>0<br>0<br>0|7,849<br>62<br>2,624<br>0|
||4,397<br>766<br>8,137|13,300|2,676<br>26<br>7,833|10,535|
||28<br>500<br>0|528|4,205<br>9,564<br>0|13,769|
||28<br>500<br>0|528|4,205<br>9,564<br>0|13,769|
||||||
||176,895<br>175,786<br>8,137|360,818|139,942<br>183,781<br>7,833|331,556|
||||||
||150,365<br>184,164<br>0|334,529|142,213<br>203,754<br>0|345,967|
||||||
||**£26,530**<br>**(£8,378)**<br>**£8,137**|**£26,289**|**(£2,271)**<br>**(£19,973)**<br>**£7,833**|**(£14,411)**|



Page 16 



## **Liskeard Parochial Church Council** 

## **Notes to the accounts** 

## **For the year ended 31 December 2022** 

|**3**<br>**RESOURCES EXPENDED**<br>**Notes**<br>3a **Expenditure on raising funds**<br>Costs of film club, cards, fetes, bazaars, other fund-<br>raising events<br>Advertising and publicity costs<br>3b **Expenditure on church activities**<br>**_Missionary and charitable giving_**<br>Note 4<br>Church overseas (missionary societies)<br>Relief and development agencies<br>Home missions and other church societies /org'ns<br>Secular charities<br>**_Ministry:_**<br>Diocesan quota (MMF: Mission & Ministry Fund)<br>Clergy expenses<br>Other ministry costs<br>Reader & organist costs<br>Church running expenses<br>Church maintenance<br>Upkeep of services<br>Expenditure on communication<br>Training costs<br>Costs of  youth club, housegroups etc<br>Church hall running costs<br>Major repairs<br>Office running costs<br>Depreciation on equipment<br>Depreciation on solar panels<br>Depreciation on church hall<br>3c **Other expenditure**<br>Audit / Independent examiner's professional fees<br>Costs of PCC meetings / away days etc.<br>Bank and credit card charges<br>Sundry expenses<br>**TOTAL RESOURCES EXPENDED**|**Unrestricted**<br>**Restricted Endowment**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>**__________________ 2022 ________**|**Total**<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>**__________**<br>**_________________ 2021 __________**|**Total**<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>**__________**<br>**_________________ 2021 __________**|**Total**<br>**£**<br>**_________**|
|---|---|---|---|---|
||1,598<br>0<br>0<br>362<br>115<br>0|1,598<br>477|1,004<br>0<br>0<br>906<br>25<br>0|1,004<br>931|
||1,960<br>115<br>0|2,075|1,910<br>25<br>0|1,935|
||766<br>0<br>0<br>305<br>0<br>0<br>6,191<br>4,392<br>0<br>310<br>0<br>0|766<br>305<br>10,583<br>310|4,096<br>0<br>0<br>29<br>0<br>0<br>1,588<br>9,493<br>0<br>231<br>0<br>0|4,096<br>29<br>11,081<br>231|
||7,572<br>4,392<br>0<br>69,996<br>0<br>0<br>4,402<br>0<br>0<br>0<br>92,751<br>0<br>2,358<br>0<br>0<br>17,004<br>0<br>0<br>5,652<br>500<br>0<br>438<br>0<br>0<br>726<br>0<br>0<br>555<br>1,800<br>0<br>1,129<br>6,038<br>0<br>18,017<br>0<br>0<br>0<br>0<br>0<br>15,409<br>39,577<br>0<br>2,465<br>23,646<br>0<br>0<br>1,500<br>0<br>0<br>2,800<br>0|11,964<br>69,996<br>4,402<br>92,751<br>2,358<br>17,004<br>6,152<br>438<br>726<br>2,355<br>7,167<br>18,017<br>0|5,944<br>9,493<br>0<br>70,000<br>0<br>0<br>5,637<br>0<br>0<br>0<br>70,693<br>0<br>2,228<br>0<br>0<br>14,666<br>0<br>0<br>7,646<br>486<br>0<br>1,882<br>0<br>0<br>887<br>0<br>0<br>50<br>0<br>0<br>118<br>2,935<br>0<br>16,651<br>0<br>0<br>0<br>24,601<br>0<br>9,364<br>57,259<br>0<br>2,834<br>23,850<br>0<br>0<br>1,500<br>0<br>0<br>2,800<br>0|15,437<br>70,000<br>5,637<br>70,693<br>2,228<br>14,666<br>8,132<br>1,882<br>887<br>50<br>3,053<br>16,651<br>24,601|
|||54,986||66,623|
|||26,111<br>1,500<br>2,800||26,684<br>1,500<br>2,800|
||145,723<br>173,004<br>0|318,727|137,907<br>193,617<br>0|331,524|
||996<br>5,886<br>0<br>0<br>0<br>0<br>430<br>60<br>0<br>1,256<br>5,099<br>0|6,882<br>0<br>490<br>6,355|948<br>0<br>0<br>271<br>0<br>0<br>146<br>0<br>0<br>1,031<br>10,112<br>0|948<br>271<br>146<br>11,143|
||2,682<br>11,045<br>0|13,727|2,396<br>10,112<br>0|12,508|
||||||
||**150,365**<br>**184,164**<br>**0**|**334,529**|**142,213**<br>**203,754**<br>**0**|**345,967**|



Page 17 



## **Liskeard Parochial Church Council Notes to the accounts For the year ended 31 December 2022** 

## **4 MISSIONARY GIVING** 

The summary below sets out the financial aspect of the mission giving for the year. The sums relate to monies given to, or goods bought for individuals and external organisations. Most of our mission expenditure relates to internal costs incurred during mission activities and is funded from a mixture of grants received from third parties and donations. See the annual report for a summary of the various activities undertaken during 2022. 

|**Organisation / activity**<br>Crisis funding for those in need<br>Foodbank<br>Help for those in need through ACTS 435<br>Supporting missionary church family<br>Royal British Legion<br>Red Cross Ukraine Appeal<br>Simeon's Trustees<br>Liskeard Churches Together<br>Children's Society<br>Cornwall Historic Churches Trust<br>Liskeard & Looe CAP Centre<br>Tear Fund<br>**5**<br>**EMPLOYMENT COSTS**<br>Wages and salaries<br>Gross salaries<br>Tax and social security costs<br>Employer's NI<br>Pension costs<br>Employer's<br>contributions|**2022**<br>**2021**<br>**£**<br>**£**<br>2,464<br>2,828<br>1,869<br>431<br>1,843<br>10,112<br>1,566<br>2,266<br>443<br>231<br>275<br>-<br>175<br>-<br>50<br>-<br>37<br>52<br>25<br>25<br>-<br>1,000<br>-<br>50|
|---|---|
||**£8,747**<br>**£16,995**|
||**2022**<br>**2021**<br>**£**<br>**£**<br>122,883<br>122,769<br>9,921<br>8,557<br>5,987<br>5,624|
||**£138,791**<br>**£136,950**|



The PCC employed the following people during the year: 

## **TM (Transforming Mission):** 

- Nikki Carter as Operations Manager; 

- Niall Dunne as Worship Leader; 

- Grace Kanungha as Pioneer Leader, heading up the families, youth and children's work; and 

- Liam Hathway, as youth worker; 

## **CAP (Christians Against Poverty)** 

- Hannah Dunne, as CAP Centre Manager. 

## **Office / hall complex** 

- Melissa Purchall as the Parish Administrator; and 

- Linda Chandler as the Church Hall Cleaner. 

Together, these employees equate to 5.1 full-time equivalent employees. Grace stepped down as Pioneer Leader during the year to embark on ordination training, and was replaced by Jo Atack as Families' Leader. Liam Hathway and Melissa Purchall both left at the end of the year. 

Page 18 



## **Liskeard Parochial Church Council Notes to the accounts** 

## **For the year ended 31 December 2022** 

## **6 TANGIBLE FIXED ASSETS FOR USE BY THE PCC** 

|**Gross book value**<br>At 31 January 2022<br>Additions<br>Written off<br>At 31 December 2022<br>**Depreciation / Impairment**<br>At 31 January 2022<br>Charge for the year<br>Written off<br>At 31 December 2022<br>**Net book value**<br>At 31 January 2022<br>At 31 December 2022|**Freehold**<br>**land and**<br>**buildings**<br>**General**<br>**Fund:**<br>**Equipment**<br>**Solar**<br>**panels**<br>**Reordering**<br>**equipment**<br>**Transforming**<br>**Mission**<br>**CAP &**<br>**ABC**<br>**Total**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>408,308<br>33,546<br>30,460<br>88,585<br>40,307<br>1,776<br>602,982<br>768<br>3,344<br>4,112<br>0|
|---|---|
||408,308<br>34,314<br>30,460<br>88,585<br>43,651<br>1,776<br>607,094|
||324,308<br>25,882<br>15,000<br>57,490<br>16197<br>1,687<br>440,564<br>2,800<br>2,465<br>1,500<br>14,272<br>9,285<br>89<br>30,411<br>0|
||327,108<br>28,347<br>16,500<br>71,762<br>25,482<br>1,776<br>470,975|
|||
||**£84,000**<br>**£7,664**<br>**£15,460**<br>**£31,095**<br>**£24,110**<br>**£89**<br>**£162,418**|
|||
||**£81,200**<br>**£5,967**<br>**£13,960**<br>**£16,823**<br>**£18,169**<br>**£0**<br>**£136,119**|



The freehold land and buildings comprise the Church Centre and Lower Church Hall at Church Street. The Church halls complex continue to be depreciated in line with the PCC's accounting policy. 

The CAP and ABC equipment was fully written off during the year. 

**Unrealised 7 INVESTMENTS 2021 loss at 31 2022 Dec 22 £ £ £ Fund name Nature of fund** General fund Unrestricted 4,105 (112) **3,993** Lanseaton Endowment 304,587 (31,972) **272,615** Mission fund Restricted 137,905 (10,003) **127,902** Bells fund Restricted 6,462 (469) **5,993 £453,059 (£42,556) £410,503** 

Page 19 



## **Liskeard Parochial Church Council** 

## **Notes to the accounts** 

## **For the year ended 31 December 2022** 

|**8**<br>**DEBTORS**<br>Income tax recoverable<br>Prepayments<br>Other debtors|**£**<br>**£**<br>**£**<br>**Unrestricted Transforming**<br>**Mission**<br>**Other**<br>**restricted**<br>**funds**<br>**Total**<br>1,772<br>-<br>80<br>**1,852**<br>8,041<br>-<br>-<br>**8,041**<br>6,631<br>11,327<br>-<br>**17,958**<br>**£16,444**<br>**£11,327**<br>**£80**<br>**£27,851**<br>**<------------------------------2022------------------------------->**|**£**<br>**£**<br>**£**<br>**Unrestricted**<br>**CAP fund**<br>**Total**<br>1,231<br>64<br>**£1,295**<br>7,146<br>-<br>**£7,146**<br>10,589<br>-<br>**£10,589**<br>**<---------------------2021--------------------->**|
|---|---|---|
|||**£18,966**<br>**£64**<br>**£19,030**|



Unrestricted other debtors includes parochial fees due to the PCC for the quarter to December, some income due for December hall bookings and unrestricted legacies due to the PCC.The TM other debtors figure represents the December grant claim. Other restricted funds income tax recoverable represents £44 relating to the CAP fund and £36 relating to ABC. 

## **9 CASH AND BANK** 

|Balance at 31 December 2022<br>Balance at 31 December 2021|**Unrestricted Mission fund**<br>**CAP**<br>**Church Hall**<br>**fund**<br>**Poverty fund**<br>**Other**<br>**restricted**<br>**funds**<br>**Lanseaton**<br>**Endowment**<br>**Fund**<br>**Total**<br>**£129,283**<br>**£12,488**<br>**£29,922**<br>**£11,739**<br>**£4,699**<br>**£7,170**<br>**£3,043**<br>**£198,344**|
|---|---|
||£90,200<br>£26,360<br>£24,407<br>£0<br>£620<br>£7,653<br>£234<br>£149,474|



Other restricted funds includes ABC: £1,198 (2021: £695); Bells fund: -£262 (2021: -£342); Choir fund: £1,125 (2021: £1,010); Organ fund: £2,654 (2021: £3,119); Organ scholarship fund: £753 (2021: £1,299); and Transforming Mission: £1,702 (2021: £1,872) 

## **10 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

|Creditors|**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**Unrestricted**<br>**Poverty fund**<br>**CAP**<br>**Transforming**<br>**Mission**<br>**Total**<br>**Unrestricted**<br>**Restricted**<br>**funds**<br>**Total**<br>5,215<br>2,860<br>0<br>3,345<br>**11,420**<br>3,776<br>2,543<br>**6,319**<br>**<-------------------------------------2022-------------------------------------->**<br>**<-------------------2021-------------------->**|
|---|---|
||**£5,215**<br>**£2,860**<br>**£0**<br>**£3,345**<br>**£11,420**<br>**£3,776**<br>**£2,543**<br>**£6,319**|



Restricted funds for 2021 comprise: £2,303 for Transforming Mission;  £150 for CAP; and £90 for the Poverty fund. 

Page 20 



**Liskeard Parochial Church Council Notes to the accounts For the year ended 31 December 2022** 

## **11 FUND DETAILS** 

## _**Unrestricted funds**_ 

This represents funds at the disposal of the PCC, which may use them in any way that it sees fit, within the church's charitable objectives. 

## _**Restricted funds**_ 

Restricted funds represent monies given for a specific purpose, and may only be used for that purpose.  These funds are not available to the PCC for use towards the general running of the church.  The various restricted funds are: 

|**Name of fund**|**Main purpose of fund**|**Main sources of income**|
|---|---|---|
|ABC fund|Support of the adults, babies & children group|Subscriptions and fundraising|
|Bells fund|Restoration and maintenance of the bells|Donations, grants and fees|
|CAP (Christians Against<br>Poverty)|Fund the Liskeard & Looe CAP debt centre that is based<br>in St Martin's church|Donations, and grants|
|Choir fund|Purchase of music and robes for the choir|Subscriptions by the choir|
|Church hall fund|This fund comprises the church halls complex and the<br>income and expenditure relating to the planned major<br>reorderingof the complex|Donations, grants and fundraising|
|Church reordering|This fund financed the 2018 / 2019 reordering of St<br>Martin's Church. The fund now represents fixed assets<br>bought as part of the reordering, which are being<br>depreciated.|Donations, grants and fundraising|
|Mission fund|Finance mission activities by St Martin's Church.|Donations and associated gift aid|
|Organ fund|Finance the complete refurbishment of St Martin's Lewis<br>pipe organ and subsequent maintenance.|Single donation|
|Organ scholarship fund|Finance lessons for scholars on playing the Lewis pipe<br>organ|Single donation|
|Poverty fund|To provide emergency support to those in extreme need|Grants|
|Solar panels fund|Installation of solar panels on St Martin's Church. The<br>fund now represents the capital value of the panels,<br>which are being depreciated.|Donations and fundraising|
|Transforming Mission|Financing of the Transforming Mission (TM) Project at St<br>Martin's Church. The fund includes fixed assets bought<br>as part of the project, which are being depreciated.|Grant from the Diocese of Truro & the<br>Church Commissioners, plus ongoing<br>support from the Mission fund|



The Mission Fund may only be used for mission activities as defined by the "Five Marks of Mission" set out by the Archbishops of the Anglican Communion. It is primarily used for the parish contributions to Transforming Mission. 

## _**Endowment funds**_ 

Endowment funds represent funds where the capital invested may not be used; only the income generated from that capital. The fund arose from the sale of the farm and land at Lanseaton and Lanchard.  The income from this fund may only be used for ecclesiastical purposes. The capital in this fund is required to be vested in the Diocesan Board of Finance as custodian trustee, but the PCC receives and controls the way that the income is spent, provided always that it is restricted to ecclesiastical purposes. The Lanseaton fund is a permanent endowment fund.  It can never be converted to income available to the PCC. 

## _**Fund balances**_ 

Details of the various fund movements and balances are given in note 12. 

Page 21 



**Liskeard Parochial Church Council Notes to the accounts For the year ended 31 December 2022** 

## **12 DETAILS OF FUNDS** 

|**DETAILS OF FUNDS**||
|---|---|
|**INCOMING RESOURCES**<br>**Income from donations and legacies**<br>**Income from church activities**<br>**Income from other trading activities**<br>**Investment income**<br>**Other income**<br>**RESOURCES USED**<br>**Expenditure on raising funds**<br>**Expenditure on church activities**<br>**Other expenditure**<br>**NET INCOMING / (OUTGOING)**<br>**RESOURCES BEFORE INVESTMENT**<br>**GAINS**<br>**GAINS AND LOSSES ON INVESTMENTS**<br>**Impairment of fixed assets**<br>**Investment gains / (losses)**<br>**- Realised gains / (losses)**<br>**- Unrealised gains / (losses)**<br>**NET MOVEMENT IN FUNDS**<br>**TRANSFERS BETWEEN FUNDS**<br>**Transfer into funds**<br>**Transfer out of funds**<br>**NET MOVEMENT IN FUNDS**<br>**Opening balances**<br>**BALANCES C/FWD AT 31 December**<br>**2022**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission fund Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells fund**<br>**Choir fund**<br>**Organ fund**<br>**Organ**<br>**scholarship**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>316,946<br>142,426<br>0<br>17,500<br>115,919<br>18,958<br>0<br>17,500<br>0<br>563<br>80<br>0<br>0<br>0<br>4,000<br>24,368<br>24,368<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>5,676<br>5,676<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>13,300<br>4,397<br>8,137<br>194<br>31<br>308<br>0<br>125<br>0<br>13<br>0<br>15<br>35<br>11<br>34<br>528<br>28<br>0<br>0<br>400<br>0<br>0<br>0<br>0<br>0<br>0<br>100<br>0<br>0<br>0|
||**360,818**<br>**176,895**<br>**8,137**<br>**17,694**<br>**116,350**<br>**19,266**<br>**0**<br>**17,625**<br>**0**<br>**576**<br>**80**<br>**115**<br>**35**<br>**11**<br>**4,034**|
||2,075<br>1,960<br>0<br>0<br>115<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>318,727<br>145,723<br>0<br>0<br>141,751<br>9,336<br>14,272<br>2,800<br>1,500<br>120<br>0<br>0<br>500<br>0<br>2,725<br>13,727<br>2,682<br>0<br>0<br>309<br>4,293<br>0<br>5,886<br>0<br>0<br>0<br>0<br>0<br>557<br>0|
||**334,529**<br>**150,365**<br>**0**<br>**0**<br>**142,175**<br>**13,629**<br>**14,272**<br>**8,686**<br>**1,500**<br>**120**<br>**0**<br>**0**<br>**500**<br>**557**<br>**2,725**|
||**26,289**<br>**26,530**<br>**8,137**<br>**17,694**<br>**-25,825**<br>**5,637**<br>**-14,272**<br>**8,939**<br>**-1,500**<br>**456**<br>**80**<br>**115**<br>**-465**<br>**-546**<br>**1,309**<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>-42,555<br>-112<br>-31,971<br>-10,003<br>0<br>0<br>0<br>0<br>0<br>0<br>-469<br>0<br>0<br>0<br>0|
||**-16,266**<br>**26,418**<br>**-23,834**<br>**7,691**<br>**-25,825**<br>**5,637**<br>**-14,272**<br>**8,939**<br>**-1,500**<br>**456**<br>**-389**<br>**115**<br>**-465**<br>**-546**<br>**1,309**<br>36,895<br>6,895<br>0<br>0<br>30,000<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>-36,895<br>0<br>-5,329<br>-31,566<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0|
||**-16,266**<br>**33,313**<br>**-29,163**<br>**-23,875**<br>**4,175**<br>**5,637**<br>**-14,272**<br>**8,939**<br>**-1,500**<br>**456**<br>**-389**<br>**115**<br>**-465**<br>**-546**<br>**1,309**<br>**777,660**<br>117,159<br>304,821<br>164,264<br>23,677<br>24,320<br>31,097<br>84,000<br>15,460<br>784<br>6,120<br>1,010<br>3,120<br>1,299<br>529|
||**761,394**<br>**150,472**<br>**275,658**<br>**140,389**<br>**27,852**<br>**29,957**<br>**16,825**<br>**92,939**<br>**13,960**<br>**1,240**<br>**5,731**<br>**1,125**<br>**2,655**<br>**753**<br>**1,838**|



**<============================================ Restricted funds total: £335,264 ====================================================>** 

Page 22 



**Liskeard Parochial Church Council Notes to the accounts For the year ended 31 December 2022** 

## **13 ANALYSIS OF GRANTS RECEIVED** 

|**Main funder**<br>**Details**<br>Transforming Mission<br>Energy grant to help with heating costs<br>CAP funding<br>Surviving Winter funding<br>Crisis fund<br>Refund of Good Book & Grub Club grant<br>Benefice contributions<br>Dobwalls contribution towards MMF<br>Local churches<br>Other grants<br>Elmgrant Trust<br>Grant towards Transforming Lives for Good<br>and Kids Matter work<br>ACTS 435<br>Specific grants for individuals in need<br>Listed Places of Worship<br>Scheme<br>VAT refund on church maintenance<br>Liskeard Town Council<br>Carpark carols grant<br>Funding towards CAP centre<br>Funding towards helping people in need<br>Cornwall Council<br>Warm Spaces grant<br>HMRC<br>Job Retention Scheme<br>**Grand total**<br>Funding towards CAP<br>Centre<br>Cornwall Community<br>fund<br>Diocese of Truro<br>United Charities of Liskeard|**Amount of**<br>**grants**<br>**2021**<br>£114,309<br>£116,450<br>£7,994<br>£12,480<br>£2,250<br>£3,000<br>£1,000<br>£500<br>-£974<br>£2,023<br>£3,296<br>£2,022<br>£4,930<br>£1,000<br>£1,110<br>£980<br>£865<br>£490<br>£500<br>£500<br>£200<br>£200<br>£100<br>£9,141|
|---|---|
||**£145,809**<br>**£138,557**|



The PCC was also awarded £2,860 from National Grid to help with our warm spaces project. However, we are not sure that we can meet the terms of the award and so may need to return the grant. The grant is included in creditors. 

## **14 TRANSFERS BETWEEN FUNDS** 

|Transfer from Mission fund into General Fund re support of Church members on<br>overseas mission work<br>The 2022 transfers between the various funds, with their reasons, were:<br>Transfer from Mission fund into Transforming Mission re parish contibution towards<br>the costs of  Transforming Mission<br>Transfer from Lanseaton into General Fund re church maintenance|**£**<br>£30,000<br>£5,329<br>£1,566|
|---|---|
||**£36,895**|



## **15 FUTURE EXPENDITURE** 

There was no contracted project or transaction at the end of the year. 

Page 23 



**Liskeard Parochial Church Council Notes to the accounts** 

## **For the year ended 31 December 2022** 

## **16 TRANSACTIONS WITH MEMBERS OF THE PCC DURING THE YEAR** 

The following note discloses the transactions throughout the year relating to individuals who were members of the PCC at any time during the year. PCC members often buy things on behalf of the PCC and reclaim the costs later. The note includes payments made to family members as well as the PCC members themselves. 

In December 2021 a new CAF bank account was opened and debit cards obtained. Whilst this has almost halved the need for transactions with PCC members there were still situations where PCC members incurred costs on behalf of the PCC. 

|**PCC Member**|**Description of transactions**|**Amount**|
|---|---|---|
|Steve Morgan|Clergy expenses and reimbursement of PCC costs<br>incurred.|£3,643|
|Mike Sturgess|Reimbursement of PCC costs incurred|£2,891|
|Mick Chandler|Salary (of Linda Chandler) and fees for acting as verger at<br>weddings, funerals and other events|£2,720|
|Phil Aindow|Clergy expenses and reimbursement of PCC costs<br>incurred|£1,381|
|Rachael Pryor|Reimbursement of PCC costs incurred|£176|
|Darren Arulvasagam|Reimbursement of PCC costs incurred|£101|
|||**£10,912**|



Page 24 



## **Liskeard Parochial Church Council** 

## **Budget for the year ended 31 December 2023** 

|**INCOMING RESOURCES**<br>**Income from donations and legacies**<br>Gift aided planned giving<br>Tax recoverable<br>Other planned giving<br>Collections<br>Grants and benefice churches' contributions<br>Donations including card reader and online<br>giving<br>Donations for special purposes<br>Legacies<br>**Income from church activities**<br>Income from church halls<br>Income from church bookings<br>Fees paid to the PCC (for weddings &<br>funerals)<br>**Income from other trading activities**<br>Income from various trading activities<br>Fundraising activities<br>**Investment income**<br>Income from investment funds<br>Bank and building society interest<br>Feed in tariff<br>Profit on sale of assets<br>**Other income**<br>Insurance claims<br>Miscellaneous income<br>**TOTAL INCOMING RESOURCES**<br>**TOTAL RESOURCES USED**<br>**NET INCOMING / (OUTGOING)**<br>**RESOURCES BEFORE INVESTMENT**<br>**GAINS**<br>**TRANSFERS BETWEEN FUNDS**<br>**Transfer into funds**<br>**Transfer out of funds**<br>**NET MOVEMENT IN FUNDS**<br>**Opening balances**<br>**Balances carried forward as at 31**<br>**December 2023**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||75,900|75,000||||900||||||||||
||21,220|21,000||||220||||||||||
||35,100|33,000||||2,100||||||||||
||5,000|5,000||||||||||||||
||120,370|4,000|||84,870|28,500|||||||||3,000|
||20,600|20,000||||||||600||||||
||3,000|2,000||||1,000||||||||||
||2,000|2,000||||||||||||||
||**283,190**<br>**162,000**<br>**0**<br>**0**<br>**84,870**<br>**32,720**<br>**0**<br>**0**<br>**0**<br>**600**<br>**0**<br>**0**<br>**0**<br>**0**<br>**3,000**|||||||||||||||
|||||||||||||||||
||20,000|20,000||||||||||||||
||1,000|1,000||||||||||||||
||6,000|6,000||||||||||||||
||**27,000**<br>**27,000**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**|||||||||||||||
|||||||||||||||||
||0|||||||||||||||
||5,000|5,000||||||||||||||
||**5,000**<br>**5,000**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**|||||||||||||||
|||||||||||||||||
||8,250|50|8,200|||||||||||||
||2,200|1,500|50|250|50|300||||10||10||30||
||2,500|2,500||||||||||||||
||0|||||||||||||||
||**12,950**<br>**4,050**<br>**8,250**<br>**250**<br>**50**<br>**300**<br>**0**<br>**0**<br>**0**<br>**10**<br>**0**<br>**10**<br>**0**<br>**30**<br>**0**|||||||||||||||
|||||||||||||||||
||0|||||||||||||||
||200|200||||||||||||||
||**200**<br>**200**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**|||||||||||||||
||**328,340**<br>**198,250**<br>**8,250**<br>**250**<br>**84,920**<br>**33,020**<br>**0**<br>**0**<br>**0**<br>**610**<br>**0**<br>**10**<br>**0**<br>**30**<br>**3,000**<br>**347,570**<br>**166,250**<br>**0**<br>**0**<br>**132,520**<br>**23,800**<br>**3,400**<br>**10,800**<br>**1,500**<br>**300**<br>**5,000**<br>**0**<br>**500**<br>**500**<br>**3,000**|||||||||||||||
||**-19,230**<br>**32,000**<br>**8,250**<br>**250**<br>**-47,600**<br>**9,220**<br>**-3,400**<br>**-10,800**<br>**-1,500**<br>**310**<br>**-5,000**<br>**10**<br>**-500**<br>**-470**<br>**0**|||||||||||||||
||48,000|8,000|||40,000|||||||||||
||-48,000||-8,000|-40,000||||||||||||
||**-19,230**<br>**40,000**<br>**250**<br>**-39,750**<br>**-7,600**<br>**9,220**<br>**-3,400**<br>**-10,800**<br>**-1,500**<br>**310**<br>**-5,000**<br>**10**<br>**-500**<br>**-470**<br>**0**<br>**761,394**<br>150,472<br>275,658<br>140,389<br>27,852<br>29,957<br>16,825<br>92,939<br>13,960<br>1,240<br>5,731<br>1,125<br>753<br>2,655<br>1,838|||||||||||||||
||**742,164**<br>**190,472**<br>**275,908**<br>**100,639**<br>**20,252**<br>**39,177**<br>**13,425**<br>**82,139**<br>**12,460**<br>**1,550**<br>**731**<br>**1,135**<br>**253**<br>**2,185**<br>**1,838**|||||||||||||||



**<====================================== Restricted funds total: £275,784 ==============================================>** 

Page 25 



**Liskeard Parochial Church Council Budget for the year ended 31 December 2023** 

|**RESOURCES USED**<br>**Expenditure on raising funds**<br>Costs of film club, cards and other fund-<br>raising events<br>Costs of stewardship campaigns / giving<br>envelopes<br>Advertising and publicity costs<br>**Expenditure on church activities**<br>Church overseas (missionary societies)<br>Relief and development agencies<br>Home missions and other church societies<br>/org'ns<br>Secular charities<br>**_Ministry:_**<br>Diocesan Mission & Ministry Fund (MMF)<br>Clergy expenses<br>Other ministry costs<br>Reader / organist costs<br>Church running expenses<br>Church maintenance<br>Upkeep of services<br>Expenditure on communication<br>Training costs<br>Costs of JAM club, youth club, housegroups<br>etc<br>Church hall running costs<br>Major repairs<br>Office running costs<br>Depreciation on equipment<br>**Other expenditure**<br>Audit / Independent examiner's professional<br>fees<br>Costs of PCC meetings / away days etc.<br>Bank charges and loan interest<br>Sundry expenses<br>**TOTAL RESOURCES EXPENDED**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||1,600|1,600||||||||||||||
||0|||||||||||||||
||600|400|||200|||||||||||
||**2,200**<br>**2,000**<br>**0**<br>**0**<br>**200**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**|||||||||||||||
|||||||||||||||||
||700|700||||||||||||||
||100|100||||||||||||||
||7,800|4,800|||||||||||||3,000|
||400|400||||||||||||||
|||||||||||||||||
||70,000|70,000||||||||||||||
||4,500|4,500||||||||||||||
||105,000||||105,000|||||||||||
||4,500|4,500||||||||||||||
||25,770|25,000|||770|||||||||||
||11,500|6,000|||||||||5,000|||500||
||2,000|2,000||||||||||||||
||750|750||||||||||||||
||1,100|600|||||||||||500|||
||<br>7,550|1,200|||6,050|||||300||||||
||20,000|20,000||||||||||||||
||2,000|2,000||||||||||||||
||52,100|16,500|||11,800|23,800||||||||||
||18,600|2,200|||8,700||3,400|2,800|1,500|||||||
||**334,370**<br>**161,250**<br>**0**<br>**0**<br>**132,320**<br>**23,800**<br>**3,400**<br>**2,800**<br>**1,500**<br>**300**<br>**5,000**<br>**0**<br>**500**<br>**500**<br>**3,000**|||||||||||||||
|||||||||||||||||
||<br>9,050|1,050||||||8,000||||||||
||150|150||||||||||||||
||600|600||||||||||||||
||1,200|1,200||||||||||||||
||**11,000**<br>**3,000**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**8,000**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**|||||||||||||||
|||||||||||||||||
||**347,570**<br>**166,250**<br>**0**<br>**0**<br>**132,520**<br>**23,800**<br>**3,400**<br>**10,800**<br>**1,500**<br>**300**<br>**5,000**<br>**0**<br>**500**<br>**500**<br>**3,000**|||||||||||||||



Page 26 



## **Liskeard Parochial Church Council Summary Financial Report For the year ended 31 December 2022** 

|**What is our church really worth?**|**Notes**|**2022**||**2021**||
|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|
|**Total 'worth' of the church (according to the accounts)**|||761,394||777,660|
|**Less: assets that we cannot spend**||||||
|Our church hall complex||92,939||84,000||
|Solar panels||13,960||15,460||
|Church reordering furniture and equipment||16,825||31,097||
|Other equipment and furniture used for Transforming Mission,<br>CAP and ABC||18,169||24,200||
|Computers and other assets used in the church office||5,967||7,664||
|Capital investment from the original sale of Lanseaton Farm (at<br>market value)||272,615||304,587||
||||420,475||467,008|
||||340,919||310,652|
|**Less: assets that we can only spend on specific projects**||||||
|Accumulated income from Lanseaton that can only be used for<br>restricted purposes|1|3,043||234||
|Cash and investments for spending on mission activities only|2|140,389||164,264||
|Cash for spending on the church bells||5,731||6,120||
|Cash for spending on the organ||2,655||3,120||
|Cash for spending on ABC||1,240||694||
|Cash for spending on Christmas hampers & toys||0||0||
|Cash for spending on Transforming Mission||9,683||(433)||
|Cash for spending on the Choir||1,125||1,010||
|Cash for spending on the organ scholarship||753||1,299||
|Cash for spending on those suffering from poverty||1,838||529||
|Cash for spending on Christians Against Poverty (CAP)||29,957||24,320||
||||196,414||201,157|
|**Total money and other assets that the PCC may do with**<br>**as it chooses**|||**144,505**||**109,495**|
|**Which consists of:**||||||
|Money held as investments||3,993||4,105||
|Money owed to the church by others||16,444||18,966||
|Cash at the bank and petty cash held||129,283||90,200||
|||149,720||113,271||
|Money that the church owes to others||(5,215)||(3,776)||
|||||||
||||**144,505**||**109,495**|
|**Notes**||||||



> 1 Lanseaton income can only be used for 'ecclesiastical purposes'. However, this is quite a wide definition, relating to anything to do with the church building or the ministry or mission of the church. 

- 2 The Mission Fund may only be used for mission activities as defined by the "Five Marks of Mission" set out by the Archbishops of the Anglican Communion. Its primary purpose now is to meet or contribute to the parish contributions under Transforming Mission. 

Page 27 



## **INDEPENDENT EXAMINER’S REPORT** 

## **TO THE PAROCHIAL CHURCH COUNCIL (PCC) OF ST. MARTIN’S, LISKEARD ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022** 

I report on the accounts for the year ended 31 December 2022 which are set out on pages 12 to 24. 

## **Respective Responsibilities of the PCC and the Independent Examiner** 

The PCC is responsible for the preparation of the accounts. The PCC considers that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. 

It is my responsibility to: 

- examine the accounts under section 145 of the 2011 Act; 

- follow the procedures laid down in the Charity Commissioner under section 145(5)(b) of the 2011 Act; and 

- state whether particular matters have come to my attention. 

## **Basis of Independent Examiner’s Statement** 

My examination was carried out in accordance with the General Directions given by the Charity Commission. 

An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the PCC concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement. 

## **Independent Examiner’s Statement** 

In connection with my examination, no matters have come to my attention: 

- 1) which gives me reasonable cause to believe that in any material respect the requirements: • to keep accounting records in accordance with section 130 of the 2011 Act; or 

   - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act 

   - have not been met: or 

- 2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

A.M. Farr, F.C.C.A. 6 March 2023 **DAWE, HAWKEN & DODD** Chartered Certified Accountants 52 Fore Street, Callington, PL17 7AJ