THE PAROCFttAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF THE CHURCH OF KING CHARLES THE MARTYR POTTERS BAR (CHARITY NUMBER 1130748) INDF,X TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Statement of Parochial Church Council's Responsibilities Independent Examiner'5 Report Balance Sheet Statement of Financial Activities Notes to Financial Statements BRENNAN PEARSON & CO Chartered Accountants 1101112 IAncaster RO New Barnd, Hertfordshire EN4 8AL
CHURCH OF KING CHARLES THE MARTYR STATEMEIYT OF PAROCHtAL CHURCH COUNCIL'S RESPONSIBILITIES Law applicable to charities in England and Wales requires the Parochial Church Council to prepare financial statements for each fmancial year which give a In and fair view of the Church's financial activities during the year and of its fmancial wsition at the end of the year. In preparing fllwicial statement5 giving a trne alld fair view ihe Parochial Church Council should follow best practice and.. select suitable accounting wlicies and apply them consistently: b) make judgements and estimates that are Thsonable ond prudent" stale whether applicable Accounting Standards and Statements of Recommended Practic¢ hav¢ been followed, subject to any departure5 disclosed and explained in the financial slatements.. and d) prepare the fmancial statetnents on the going concem basis unle&s it is inappropriate to assume that the Church will continue its activities. The Parochial Church Council is responsible for keeping proper accounting records which disclose, with reasonable accuracy, the fmancial position of the Church. and which enable them to both ascertain the financial position of the Church and ensure that the fll]ancial statements con]ply with applicable regulations. It is also responsible for safeguarding the assets of ihe Church and hence for iaking reasonable steps for the prevention and d¢t¢ction of fraud and other irregularities.
tNDEPENDEiwf EXAMINERS, RF,PORT TO THE PAROCHIAL CHURCH COUNCIL OF THE CHURCH OF KING CHARLFS TIIE MARTYR POTTERS BAR ON THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 (AS SET OUT ON PAGES 3-5) Charity Numbcr 1130748 Respeelive responsibilities of trustees examiner The charity's trustees are responsible for the Preparation of the accounts. The ChIty'S trustees consider that an audit is not required for this y¢ar under section 144 of the Charities Act 2011 (the Chariti¢s Act) and that an independent examination is needed. It is our responsibility to= examine the accounts under section 145 of the Chorities Acl. follow the procedures laid down in the gen¢rdl Directions given by the Charity Commission (under section 145(S)(b) of the Charities Act. and to slate whethei particular matters have come to our attentio Basis of independent examiners, statement Our examination was carried out tn accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented wtth those records. It also includes COT)sideration of any wiiisual items or disclosures in the accounts and seeking explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that woiild be rcquired 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 statement below. IDdependen¢ examiners, statement In connection with our examination no material matters have come to our attention which gives us cause to believe that in, aY material resCt. accowiting records were not kept in accordance with seclion 130 of the Charities Act or the accounts do not accord with the accounting records. We have come aeross no other matters in com)ection wtth the examination to which attention sliould be drawn in order lo enable a proper understandi of the accounts to be reached. BRENNAN PFARSON & CO Cb*rtered Accountants 1101112 Lancaster Road New Bamel Herts EN4 8AL 23 April 2024
CHURCH OF KING CHARLES THE MARTYR BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 CURRENT ASSETS Bank Current Acounls Barclays Bank Current Alc 13628 13628 15827 15827 Bank D¢ osit Accounts Central Board of Finance- Mutton Lane Alc ioi ioi 1462 1462 13729 17289 CBF Investment Fund- Accumulation Shares 152206 144677 CBF UK Equity Fund- Income Shares 23316 175522 21204 165721 NET ASSETS 25 FUNDS CCLA Funds 175522 165721 General PuLposes Fund 13729 17289 18925 Approved by the Parochial Church Council on 23 April 2024 and signed on its behalf by.. Tr¢a$urer
CHURCH OF KING CHARLES TIiE MARTYR STATEMENT OF FINANCIAL AcfiviTlES YEAR ENDED 31 DECEMBER 2023 Unrestricted Funds Restricted Total Funds Funds le31.12.23 Total Funds le31.12.22 COMING RESOURCES Gr(Illts & donation5 Fundraising events & app¢als Pw15h hall llicome Collections Sundries PCC fees Rents & letting income Deposit interest Pay in lieu of café Proceeds from sale of CBF income Share 62382 4375 63436 1690 62382 4375 63436 1690 51725 4330 56093 1786 55 3531 13 921 7550 4871 4871 775 775 10000 i 0000 ioooo Total Incoming Reyources 147529 147529 136004 LESS: EXPENDITURE (a} Direct charitable ¢xpendi¢ure: Charitable giving Vicar's expenses Parish hall expenses Church upkeep (b) Mi5c¢ll#neou$: Parish share 1525 2719 31329 15906 1525 2719 31329 15906 1709 2408 28788 13580 68374 68374 66226 119853 119853 112709 (c) Management & administration: Repairs Telephone, postage & stationery Miscellaneous Realised loss on disposal of CBF Income shares 3051 3450 24735 3051 3450 24735 6396 2192 29694 1151 31236 31236 39793 Total Expenditure 151089 151089 152502 Net (L058) Unrealised GaRtd(Loss)- CCLA Total funds - brought forward (3560) (3560) 9801 183010 (16498) (29715) 229223 9801 165721 17289 Total funds - carried forward 251
CHURCH OF KtNG CHARLES THE MARTYR NOTES TO FINANCIAL STATEMENTS FOR THE YEAR EIYDED 31st DECEMBER 2023 I. ACCOUNTING POLICIES The fancIal statements have been prepared in accordance with applicable accounling standards under the historical cost convention and on the accnmls basi5. Income ncome includes recoverable income tsx which has E*en deducted from payments made to the charity, or which arises from donatio% made to the charity under the Gift Aid provision. Interest Interest is included on a receivable basis and is shown gross.