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2022-12-31-accounts

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Charity number 1130766

Annual Report and Financial Statements

for the year ended 31 December 2022

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Annual Report and Financial Statements for the year ended 31 December 2022

Contents Page
Trustees' report 2 to 10
Examiner's report 11
Statement of financial activities 12
Balance sheet 13
Notes to the accounts 14 to 22

Prepared by West Yorkshire Community Accountancy Service CIO

1

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Trustees' report for the year ended 31 December 2022

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Dates

Team Rector and Vicar of St Chad’s:

Revd Hannah Lievesley (Chair)

Curate:

Revd Joanna Glenwright

Appointed 27 June 2022

Churchwardens:

Alison Gallant Helen Cruickshank (Lay Chair)

Representatives on the Deanery Synod:

Beverly Leech Askey Catherine Harper

Elected Members (each is elected for a maximum of a three-year term without re-election): Alan Futers Resigned 15 May 2022 Amy Graham Claire Pascoe Elizabeth Pearson Resigned 17 December 2022 Helen Steele (Secretary) Jane Bewell Appointed 15 May 2022 Julia Baxter Resigned 15 May 2022 Louise Allen Mary Henderson Resigned 15 May 2022 Matthew Cliff Michael Willison Nicola Bagnall Nigel Greenwood Susan Milestone Timothy Ward Appointed 15 May 2022 William Robinson

Resigned 17 December 2022

Appointed 15 May 2022 Appointed 15 May 2022

Treasurer

Treasurer: Michael Clark Acting Treasurer: Alison Gallant

Resigned September 2022 From September 2022

Christine Khullar

Parish Administrator Charity number 1130766

Registered in England and Wales

Registered and principal address Bankers Otley Road Nat West Bank plc Virgin Money Far Headingley 8 Park Row 94-96 Briggate Leeds Leeds Leeds LS16 5JT LS1 5HD LS1 6NP

Independent examiner

Simon Bostrom FCIE

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

2

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Trustees' report (continued) for the year ended 31 December 2022

Method of recruitment and appointment of trustees

The trustees of the charity are appointed by the members at the Annual Parochial Church Meeting.

Aim and Purposes

St Chad’s Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

The PCC is also responsible for the maintenance of the Parish Centre and the former curacy (64 Becketts Park Crescent).

The Church’s Vision Statement is:

St Chad's is here to share the Christian Gospel through being:

We seek to be a lively, evolving and caring community through:

Objectives and Activities

The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at St Chad’s. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship nurture faith and discipleship through prayer and scripture, music and sacrament.

When planning our activities for the year, the Charity Commission’s guidance on public benefit and the specific guidance on charities for the advancement of religion has been considered. In particular, we try to enable ordinary people to live out their faith as part of our parish community through:

To facilitate this work, it is important that we maintain the fabric of the Church of St Chad and the Parish Centre.

Achievements and Performance

2022 has been another year of expansion with some exciting and encouraging highlights.

The number of both adults and children in our worshipping community and the weekly worship attendance figures have continued to increase.

Planned giving (funds received from our church community through regular standing order and the Parish Giving Scheme) has increased 12% against last year. This is especially encouraging given that cost of living increases during 2022 have stretched people’s budgets. We were delighted to be able to meet our Parish Share request in full.

In June, many members of the congregation came together to organise a hugely successful Jubilee Party at the Parish Centre in celebration of the Queen Elizabeth’s 70-year reign. This was ‘the talk of the town’ and was attended and enjoyed by hundreds of people from both the church and the community beyond, raising around £3,000 for church funds.

3

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Trustees' report (continued) for the year ended 31 December 2022

Achievements and Performance - continued

Over two Sundays in May, we held a Disability Focus Week. The Diocesan Disability Advisor spoke at one of the services about the impact of living with disability and the church’s responsibilities. A Disability Study was launched to learn about the lived experience of disability amongst the congregation and to identify accessibility improvements needed in church and the services.

Our growing Youth Group has had a great year with increasing attendance and a number of Christian residential trips and social highlights. They have explored issues of identity and truth through the bible, and helped with some charitable activities throughout the year. In October, a ‘Junior Youth Group’ was launched alongside the existing group, attracting young people in year 5 and 6 of primary school. This has proved very popular. Over thirty young people are now members of the Youth and Junior Youth Groups.

St Chad’s Tots, a new babies and toddler group, was launched in November. The first session was attended by 12 adults and 13 children. It has continued to grow and flourish through word of mouth and the warmness of the welcome and inclusion provided by leaders and volunteers. We are beginning to see Tots members join our Sunday worship as a result of friendships made and invitations given.

Worship and Prayer

During the seasons of Lent and Easter we ran ‘The Prayer Course’ at St Chad’s: an 8-week course exploring the practice and purpose of prayer and providing a wealth of spiritual resources to the 32 people who came.

We were delighted to welcome Revd Jo Glenwright, a new and gifted curate and her family to St Chad’s in July.

During August we ran a sermon series on the book of Micah at the 9.30am service. Positive feedback has encouraged us to programme in more sermon series in the future to deepen bible knowledge. At Evensong we trialled replacing the sermon with post-service discussion of the bible passage over coffee. This also proved popular and stimulating and, after surveying the congregation, it was decided to alternate bible discussion with a sermon each week from January 2023.

The choir and organist continue to provide music and singing to a very high standard and are greatly appreciated. Musical highlights this year were the Epiphany, Advent, and Christmas Carol Services. The allage music group have brought a new vibrancy to our all-age worship and the group continues to grow in number and ability.

Links with the St Chad’s Primary School have continued well, with a return to the full programme of seasonal services and celebrations in church. Thanks to the engagement of Youth Worker Ollie Greenfield and the addition of Curate Jo Glenwright, we have been able to increase the number of school collective worship sessions led by the St Chad’s Church team each term.

Worship highlights this year included the Maundy Thursday Supper and Eucharist; the ‘Vigil for Lilibet’ following the very sad news of the death of the Queen; the all-age Remembrance service; and a new ‘Longest Night’ service prepared by Revd Jo and added to the Christmas programme. Christmas Services were made extra special this year through the commissioning and installation of hung candelabras in the church to enable carols by candlelight. The candelabras were commissioned from The Horsforth Shed which supports Woodside Church's mission to serve the needs of the community by reducing social isolation and support vulnerable people. For the first time this year we collaborated with two local funeral directors to offer a Memorial Carol Service in December to local families who had been recently bereaved. This service provides an excellent opportunity to reconnect with families we have served with funerals and also to advertise our Christmas services. We expect this to become an annual event.

4

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Trustees' report (continued) for the year ended 31 December 2022

Worship and Prayer - continued

A large and growing proportion of the St Chad’s congregation are families, who can have different needs and preferences to longer established members of the church family. In August, the Vision Team undertook a review of the style and programme of worship at St Chad’s aiming to recognise and meet the different needs and preferences of the existing congregation, whilst also looking beyond the church walls to the wider parish and what might attract and retain newcomers to St Chad’s. National research was consulted, and our own church members were surveyed to inform decisions. The survey results and comments were a great affirmation that what we are doing currently is working well, but also gave encouragement to make the 9.30am Sunday morning service a little more informal-contemporary in style and music. To help with this change, it was decided to make the 4th Sunday of each month a Service of the Word instead of Holy Communion to allow space for more creative interactive teaching, exploration, and relationship building.

At 31st December 2022, there were 212 parishioners on the Church Electoral Roll, 69 of whom are not resident within the parish. There has been a small increase over the year. The regular worshipping community has grown from 268 to 301, an increase of 12%. It is pleasing to report that the total includes 93 children and young people under 18 years.

Deanery Synod

Two lay representatives from St Chad’s sat on the Headingley/North West Leeds Deanery Synod. This provides the PCC with an important link between the parish and the wider structures of the church. There are a further two vacancies carried forward into 2023.

The Church and Parish Centre

The St Chad’s buildings are not just for the exclusive use of the congregation. We endeavour to ensure that the Church and the Parish Centre both exist for the benefit of all in the parish. The Church has regular bookings from Leeds Festival Chorus, other musical groups and local schools. The Parish Centre is very well used by a wide range of community and charitable groups, as well as taking private bookings for key life event celebrations such as weddings, birthdays or funeral teas. As part of our mission and commitment to service to the local community, the Centre offers affordable rates to local charities. Throughout 2022, bookings at the Centre gradually increased. Previous users have returned, and new regular bookings have been received. It has been pleasing to see that income is meeting, and starting to exceed, expenditure across the year.

Repairs and renovation in the Church and Parish Centre have included the items essential for legal, insurance, maintenance and health & safety purposes, but also other works which had been paused during the pandemic were able to start again, including two new recycled plastic benches in the Churchyard and Garden of Rest.

It is with great sadness that we learned of the death in July of our church architect Richard Crooks. Richard had worked with St Chad’s for many years and had supervised the re-ordering works in Church in 2010-11. The PCC have appointed Alexa Stephens of Pearce Bottomley Architects, Tadcaster as the new St Chad’s architect.

In the summer, our award-winning Green Team increased the frequency of the work parties in the churchyard to twice a month. New members have been welcomed. The Team strives to build on the A Rocha Eco Church Silver award by fostering a nature-friendly environment in the churchyard, publishing eco-tips, newsletter articles and organising an Environment Service. The Team has continued work on the church’s environment strategy to tackle the effects of climate change. In July, the PCC approved a Carbon Net Zero Plan setting out the steps that the PCC will be taking over the coming years.

The Save the Planet Group successfully fundraised and applied for a grant to build a herb garden near the church gates. The garden will help people to cut down on the use of plastic packaging and encourage community action for the environment.

5

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Trustees' report (continued) for the year ended 31 December 2022

Pastoral Care

Home communion continues to be offered to those who cannot come to services at church, and the monthly parish magazine and weekly emailed newssheet provide good links with the church for those who are housebound.

The luncheon club, which provides hot meals, cheerful company and transport to the elderly in the parish, was able to re-start on a weekly basis in 2022. A new leadership team was recruited and continues to provide a much valued and appreciated service. The atmosphere is lively and the diners continue to give positive feedback. The number attending has increased, largely through word of mouth, and there are now over 20 diners on the books. The team were gratified that the City Council’s Food Hygiene Inspector had awarded a 5- star rating for the Lunch Club.

The Thursday morning Holy Communion service continues to flourish, with a number of new regulars joining the congregation. The service provides a time of fellowship and care in its post-service coffee and chat.

The Mother’s Union continues to nurture fellowship and faith amongst its church members and has returned to a full and varied programme of social events and prayer.

Health and safety procedures are regularly reviewed and updated. The PCC has complied with its duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016, i.e. the duty to have due regard to House of Bishops' guidance on safeguarding children and vulnerable adults.

Mission and Evangelism

The invasion of Ukraine in February shocked our church and wider community. Families from St Chad’s coordinated collections and donations from the church and local school, filling a room in the Parish Centre with donations of bedding, nappies, coats, shoes and other requested items. These items were sorted and transported to a local barn for packaging and then loaded onto some of the first lorries taking aid to the Polish border. A further campaign for medical aid followed, enabling 28 large boxes of precious supplies to be collected and sent to the front line.

We have seen growth in three key areas of our outreach this year: The Youth Group and Junior Youth Group, which provides Christian teaching and faith exploration alongside fun games, activities, and trips; The Lunch Club which re-launched this year combatting loneliness and isolation amongst the elderly in the parish; and the addition of St Chad’s Tots, the new and vibrant babies and toddlers group which includes a time of Christian songs and stories and develops links between young families and the church.

Helping those in need is a demonstration of our faith. The church supports both local and national charities directly. Two such charities are the West Yorkshire Community Chaplaincy and Support After Rape and Sexual Violence Leeds. In addition, the ‘St Chad’s Endowment Fund’ supports local community group applications with grants amounting to approximately £10,000 per year. This Fund is administered by Leeds Community Foundation.

Other significant collections in 2022 were made for the Children’s Society at the Christingle service; PAFRAS (Positive Action for Refugees and Asylum Seekers) through food and financial donations throughout the year and at Harvest; a ‘Good as New Toys’ gift collection for Leeds families in poverty at Christmas (working with St Mary’s Hawksworth Wood); and an incredible Christmas Shoebox appeal (working with Blythswood Care) which enabled over 150 shoeboxes to be filled with carefully chosen and wrapped gifts and sent to the Romany community in Hungary.

Other charities, such as the Scouts and Girl Guides, benefit from reduced charges to hire the Parish Centre.

The Headingley Team Ministry magazine keeps parishioners informed of church services, courses and events and includes articles that help develop our knowledge and trust in Jesus.

Our church website stchads.co.uk and Facebook page @stchadschurchleeds provide helpful information to the whole church family and the wider community, including recordings of Sunday morning services.

6

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds Trustees' report (continued) for the year ended 31 December 2022

Environment Report

Carbon Footprint

We have continued to measure the St Chad’s carbon footprint. Gas and electricity consumption data for 2022 have been submitted on-line to the national C of E’s Energy Footprinting Tool (EFT). The tool computes both the gross carbon footprint and, after deducting renewable electricity purchased from the grid and deducting a proportion of on-site generated renewable electricity exported to the grid, the net carbon footprint.

----- Start of picture text -----
Carbon footprint (tonnes CO2e)
2021 2022
Church
gross 34.5 37.3
net 31.5 34.1
Parish Centre
gross 22.9 29.2
net 17.6 23.6
Total
gross 57.4 66.5
net 49.1 57.7
----- End of picture text -----

The EFT also takes account of the useable floor and how many people make use of the building. Overall, both the church building and the Parish Centre are both within the top 10% of churches with the largest carbon footprint. This is also the case for the emissions/square metre. However, the picture changes considerably when the number of people using the buildings is taken into account. The church building is in the top 10 – 20% and the Parish Centre in the top 10% of churches with the lowest emissions on a per person basis. Taking the church building and the Parish Centre together puts St Chad’s in the top 10% of lowest emitting churches based on pattern of usage. This is illustrated in the 3 bands below.

Energy Costs

As everyone will be aware energy costs increased dramatically during 2022. Fortunately, the gas contracts – our biggest energy expenditure – with Crown Gas & Power which were secured back in 2019 still run until September 2023. It is hoped that by the time these contracts are renewed wholesale gas prices will have dropped considerably from peak levels seen in 2022. Nevertheless, we have been advised to expect an increase 2-3 times the rate in the current contracts.

We were not so fortunate with our electricity contracts which ended in September. They were renegotiated in January 2022 when, it turned out, rates were at their lowest that year. We were fortunate to get away with a 60% increase for the weekday rate and 44% increase in the evening/weekend rate.

7

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Trustees' report (continued) for the year ended 31 December 2022

Environment Report - continued

Sustainable Heating

Given our high carbon footprint, mainly due to gas fired heating, the PCC is keen to investigate moving to a more sustainable form of heating. As the starting point we completed detailed heating questionnaires for both the church building and the Parish Centre and submitted them to the Diocese in December 2022. The Diocese will pair us with a Sustainability Advisor who will assess our buildings and heating systems and suggest possible options. We will then need to obtain the services of a specialist heating engineer to undertake feasibility studies of various options, and then obtain detailed costings of the preferred option.

Ecumenical Relationships

Churches Together in Headingley chose not to meet during the pandemic, but a first meeting was held between Church leaders in November, with a view to planning what CTH might look like going into the future.

Financial Review

As expected, this year has returned to the ongoing deficit situation after last year’s wonderful receipt of several large legacies.

That withstanding, we are very grateful to acknowledge the receipt of generous legacies from the estate of Christopher Milestone as well as the residual bequest from Maureen Cliff.

The Parish again met its Parish Share of £123,350 for the year in full. The Diocese has announced we will once again have a small reduction in our 2023 Share, to reflect the reduction of paid clergy.

The Department for Culture Media & Sport Listed Places of Worship Grant scheme which enables churches to reclaim VAT on qualifying works was utilised during the year and has been extended to March 2025.

2022 income streams, particularly from the Parish Centre, improved following exiting from the covid lockdowns which has been encouraging. Stewardship has increased and property costs have also increased, due to a number of items needing to be replaced at the Curacy. The installation of a GoodBox card reader in church for electronic payments has increased donations by £3,277.

The Parish Giving Scheme (PGS) has grown during the year, helped by the first year of individual donor’s optional inflation linked growth, alongside the associated Gift Aid. Around half of our regular givers still use standing orders as a means to donate and this creates the additional work of a volunteer whereas the Direct Debit route utilises the PGS automated admin that also claims the VAT simply and quickly. The balance between direct debit and standing order giving will be looked at during 2023.

We were fortunate enough to receive two grants during the year – one from the Diocese to help towards our energy costs and the other from the Headingley Development Trust Ltd (from the Matthew Hill Sustainability Fund) as a contribution towards the community herb garden which is to be created at the top of the church driveway.

The bank mandates were successfully updated, and NatWest Bankline was set up to allow us to have good visibility of our current situation and payments can now to be made electronically with dual control which is something that the Charity Commission encourages.

The Vicar's discretionary “Roger Robinson fund” was used to purchase the candelabras which were used at various candlelit services, and these will be a great investment for future years.

All missional charity donation arrears from 2020 and 2021 were paid in full. 2022 donations may be made retrospectively during 2023 after a review of charitable giving.

8

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Trustees' report (continued) for the year ended 31 December 2022

Financial Review - continued

Restricted and Endowment Funds

Income from the majority of restricted and endowment funds has been expended, as have the dividends from restricted investment. The sale of shares in 2021 created a fall in dividends during 2022, but this was expected and has been offset by the improvement in deposit account interest received as well as taking account that a proportion of shares were sold to reduce the risk of a fall in share prices, which can be seen to have occurred by the revaluation deficit, as well as releasing specific reserves that have been partly utilised this year.

Parish Centre

The Parish Centre Management Committee (PCMC) have been delighted to see hirers returning after the various lockdowns and are pleased to report that income in 2022 is back to pre-pandemic levels. There has been a need to spend funds on roof and plumbing issues during the year and plans to refurbish the kitchen in 2023 are now realistic and on course. On the back of the increase in parish centre bookings, the bar has also had a good, profitable year.

A community event to celebrate the Queen's Platinum Jubilee boosted fundraising by around £3,000.

2022 has seen some of our regular hirers no longer return to us, however we have attracted a number of new regular customers and the expansion of the Youth Group, the resurrection of the Lunch Club, and the launch of the Tots Group, has meant greater numbers of our community enjoying the facilities we offer at the Parish Centre.

Reserves Policy

Our policy is to allow for the smooth running of the charity and to allow for an orderly winding up should the charity need to close. We consider three months operating costs is sufficient. This would therefore be 25% of £331,547 = £82,887.

The total unrestricted net current assets (unrestricted funds less tangible fixed assets), including designated funds, amount to £191,999.

Of this total, £74,630 has been designated towards the purposes referred to in note 16. This leaves £117,369 as free reserves.

Future Plans

Existing cost increases will continue into 2023 and the remainder of the 2018 Quinquennial Inspection items, together with the potentially required additional work on protecting the tower from water ingress, will increase the amount of effort required to provide new and increasing income streams in the immediate future.

Public Benefit

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit.

Public benefit from the Church comes in three key ways:

First, are the benefits obtained from being part of a prayerful, multigenerational, lively and supportive Church community.

Secondly, the Church and the Parish Centre buildings are available to the public at large. This allows St Chad’s to offer space for not just the church-led groups, such as the Tots Group, Youth Club and Luncheon Club, but also the Church building for local schools for end of term activities, for concerts by a orchestras and choirs, and by Leeds Festival Chorus as their weekly meeting and rehearsal space. The Parish Centre serves the wider community as a popular centre for regular meetings of various charities, Scouts and Girl Guides, dancing groups, fitness camps and art classes. The City Council and the NHS hire rooms for training and public consultation events. The main hall is still popular for wedding receptions and funeral teas.

9

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Trustees' report (continued) for the year ended 31 December 2022

Public Benefit - continued

Thirdly, the Church offers financial help to its local community and beyond in three ways: a) by offering reduced rates to charitable organisations using the centre, b) by using a charitable donation of 10% of unrestricted planned giving and open plate collections to support both local and national charities and c) through the Leeds Community Fund where the interest generated from a substantial sum which was invested by the Church (and doubled by government aid) is allocated to local applicants by a committee including church members.

Structure, Governance and Management

The PCC is a body corporate (PCC Powers Measure 1956. Church Representation Rules 2020) and is a registered charity as required under the Charities Act.

The method of appointment of PCC members is set out in the Church Representation Rules. At St Chad’s, the membership of the PCC consists of the incumbent, curate, churchwardens, members of Deanery Synod and a maximum of 15 members elected by those members of the congregation who are on the church Electoral Roll. All those who attend our services / members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC.

The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent.

The PCC met eight times during the year, including one held jointly with the Vision Team and two via video conferencing. The average level of attendance was 83%. Given its wide responsibilities, the PCC has a number of committees, each dealing with a particular aspect of parish life. These committees which include Standing and Finance, Fabric and Maintenance, Bar, Worship, Community Engagement, Stewardship and Parish Centre Management, are all responsible to the PCC and report back to it regularly, with minutes of their deliberations being received by the full PCC and discussed as necessary.

Approved by the board of trustees on 3rd May 2023

Rev'd Hannah Lievesley (Trustee and Chair)

10

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds Independent examiner's report to the trustees of The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2022, which are set out on pages 12 to 22.

Responsibilities and basis of report

As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the charity's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

Since the charity's gross income exceeded £250,000 your examiner must be a fellow of a body listed in section 145 of the 2011 Act.

I confirm that I am qualified to undertake the examination because I am a fellow of ACIE which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Simon Bostrom FCIE

4th May 2023

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

page)

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 December 2022

Notes
2022
Unrestricted
funds
£
Income from:
Donations and legacies
(2)
122,572
Other trading activities
(3)
46,093
Investment income
(4)
1,215
Charitable activities
(5)
116,723
Other income
(6)
3,813
Total income
290,416
Expenditure on:
Raising funds
(7)
28,755
Charitable activities
(8)
280,554
Total expenditure
309,309
Net gains/(losses) on investments
-
Net income / (expenditure)
(18,893)
Transfers between funds
-
Net movement in funds
(18,893)
Fund balances brought forward
676,550
Fund balances carried forward
(9)
657,657		 2022
2022
Restricted
Endowment
funds
funds
£
£
2,397
-
-
-
2,879
-
-
-
-
-
5,276
-
-
-
22,238
-
22,238
-
(7,214)
(1,864)
(24,176)
(1,864)
20,574
(20,574)
(3,602)
(22,438)
63,343
84,481
59,741
62,043		 2022
Total
funds
£
124,969
46,093
4,094
116,723
3,813
295,692
28,755
302,792
331,547
(9,078)
(44,933)
-
(44,933)
824,374
779,441		 2021
Total
funds
£
209,929
23,519
4,070
69,264
1,454
308,236
14,041
257,750
271,791
18,018
54,463
-
54,463
769,911
824,374

All incoming resources and resources expended derive from continuing activities.

12

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Balance sheet

as at 31 December 2022
2022
Unrestricted
£
Fixed assets
Tangible assets
(10)
465,658
Investments
(11)
-
Total fixed assets
465,658
Current assets
Stock
3,684
Debtors and prepayments
(12)
21,373
Current asset investments
(13)
95,474
Cash at bank and in hand
(14)
91,282
Total current assets
211,813
Current liabilities:
amounts falling due within one year
Creditors and accruals
(15)
19,814
Total current liabilities
19,814
Net current assets / (liabilities)
191,999
Net assets
657,657
Funds
Unrestricted funds
General unrestricted funds
583,027
Designated funds
(16)
74,630
Unrestricted funds
657,657
Restricted funds
-
Endowment funds
-
Total funds
657,657		 2022
2022
Restricted
Endowment
£
£
-
-
54,349
14,040
54,349
14,040
-
-
-
-
4,671
48,003
721
-
5,392
48,003
-
-
-
-
5,392
48,003
59,741
62,043
-
-
-
-
-
-
59,741
-
-
62,043
59,741
62,043		 2022
Total
£
465,658
68,389
534,047
3,684
21,373
148,148
92,003
265,208
19,814
19,814
245,394
779,441
583,027
74,630
657,657
59,741
62,043
779,441		 2021
Total
£
467,068
77,467
544,535
2,070
13,104
163,134
115,578
293,886
14,047
14,047
279,839
824,374
595,594
80,956
676,550
63,343
84,481
824,374

The financial statements were approved by the board of trustees on 3rd May 2023

Rev'd Hannah Lievesley (Trustee and Chair)

13

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Notes to the accounts

for the year ended 31 December 2022

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year.

No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Donated goods for resale are valued at the amount actually realised upon their sale.

Donated assets, facilities or services are valued at their estimated value to the charity. This is the price that the charity estimates it would pay in the open market for equivalent items; or services and facilities of equivalent utility to the charity.

Investments

Investments are stated at market value at the balance sheet date. The SOFA includes the net gains and losses arising on revaluations and disposals throughout the year.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Grants payable without performance conditions

Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

14

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Notes to the accounts

for the year ended 31 December 2022

1 Accounting policies continued

Tangible fixed assets

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 beneficed buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA and separately disclosed.

Other land and buildings held on behalf of the PCC for its own purposes are included at insurance valuation (in the case of the curate’s house) and at cost (in the case of the Parish Centre). No depreciation is charged against such properties because the depreciation charge is viewed as immaterial and no impairment of the buildings is considered to have taken place. Any expenditure on maintenance or improvement is written off as incurred.

Other equipment used within church premises and at the Parish Centre is depreciated on a straight line basis over 3, 5 or 10 years, unless otherwise stated in the notes. Individual items of equipment with a purchase price of £500 or less are written off in the period in which the asset is acquired.

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Endowment funds represent those assets which must be held permanently by the charity, principally investments. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income unless restrictions have been imposed by the donor. Any capital gains or losses arising on the investments form part of the fund. Investment management charges and legal advice relating to the fund are charged against the fund.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

15

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Notes to the accounts continued

for the year ended 31 December 2022

2 Donations and legacies
2022
Unrestricted
funds
£
Planned giving
81,661
Open plate collections
3,339
Legacies
6,933
Donations (includes Goodbox)
9,613
Gift aid
21,026
Grant income
-
122,572
3 Other trading activities
2022
Unrestricted
funds
£
Takings in Parish Bar
17,192
Hire of church to non-church users
7,792
Sale of magazine advertisements
1,600
Fundraising
7,351
Income from PCC property
12,158
46,093
4 Investment income
2022
Unrestricted
funds
£
Dividends (gross)
-
Interest (gross)
1,215
1,215
5 Income from charitable activities
2022
Unrestricted
funds
£
Traidcraft
-
Use of parish centre
2,956
Parish magazine sales
969
Fees received for weddings and funerals
13,082
Sunday morning coffee
433
Parish centre booking fees
99,283
116,723		 2022
Restricted
funds
£
-
142
-
791
-
1,464
2,397
2022
Restricted
funds
£
-
-
-
-
-
-
2022
Restricted
funds
£
2,036
843
2,879
2022
Restricted
funds
£
-
-
-
-
-
-
-		 2022
Endowment
funds
£
-
-
-
-
-
-
-
2022
Endowment
funds
£
-
-
-
-
-
-
2022
Endowment
funds
£
-
-
-
2022
Endowment
funds
£
-
-
-
-
-
-
-		 2022
Total
funds
£
81,661
3,481
6,933
10,404
21,026
1,464
124,969
2022
Total
funds
£
17,192
7,792
1,600
7,351
12,158
46,093
2022
Total
funds
£
2,036
2,058
4,094
2022
Total
funds
£
-
2,956
969
13,082
433
99,283
116,723		 2021
Total
funds
£
72,680
2,591
92,667
7,914
19,863
14,214
209,929
2021
Total
funds
£
5,842
3,538
1,804
435
11,900
23,519
2021
Total
funds
£
3,958
112
4,070
2021
Total
funds
£
433
-
1,023
10,869
176
56,763
69,264

16

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Notes to the accounts continued

for the year ended 31 December 2022

6 Other income
VAT recovered
Solar panels
7 Expenditure on raising funds
Hire of church (salaries)
Parish Centre Bar running costs
General fundraising costs
Other PCC property upkeep
PCC property depreciation
8 Charitable activity
Missionary and charitable giving
Sunday Club
Weddings and funeral fees
Traidcraft costs
Parish magazine costs
Parish share
Church running costs
Church maintenance
Upkeep of services
Churchyard and grounds upkeep
Parish Centre running costs
Major repairs
Admin salaries and organist fees
Clergy expenses
Other administration costs
Depreciation
Accounts preparation
Independent examination
Youth and children development		 2022
Unrestricted
funds
£
2,734
1,079
3,813
2022
Unrestricted
funds
£
2,926
13,953
3,097
3,779
5,000
28,755
2022
Unrestricted
funds
£
15,000
-
5,055
-
136
123,350
19,115
3,707
3,101
1,845
72,852
3,550
17,264
75
2,664
4,320
900
420
7,200
280,554		 2022
Restricted
funds
£
-
-
-
2022
Restricted
funds
£
-
-
-
-
-
-
2022
Restricted
funds
£
-
309
-
-
-
-
-
1,100
1,053
6,943
-
12,178
-
-
-
-
-
-
655
22,238		 2022
Endowment
funds
£
-
-
-
2022
Endowment
funds
£
-
-
-
-
-
-
2022
Endowment
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 2022
Total
funds
£
2,734
1,079
3,813
2022
Total
funds
£
2,926
13,953
3,097
3,779
5,000
28,755
2022
Total
funds
£
15,000
309
5,055
-
136
123,350
19,115
4,807
4,154
8,788
72,852
15,728
17,264
75
2,664
4,320
900
420
7,855
302,792		 2021
Total
funds
£
543
911
1,454
2021
Total
funds
£
2,164
3,676
69
3,201
5,000
14,110
2021
Total
funds
£
10,000
1,257
4,745
433
113
129,842
17,820
4,572
2,731
5,234
53,841
-
16,214
50
2,991
5,618
900
420
900
257,681

17

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Notes to the accounts continued

for the year ended 31 December 2022

Restricted funds
Balance b/f
£
Church music fund
937
Churchyard maintenance
58,480
Flowers
397
Garden of rest
1,000
Organ maintenance
1,597
Church repair
-
Sunday School fund
-
Youth Work
932
LDBF Energy
-
Herb garden fund
-
63,343		 Incoming
£
254
1,864
75
-
49
547
388
222
850
1,027
5,276		 Outgoing
£
785
14,157
268
-
1,100
12,178
309
655
-
-
29,452		 Transfers
£
1,392
5,672
-
-
1,392
12,118
-
-
-
-
20,574		 Balance c/f
£
1,798
51,859
204
1,000
1,938
487
79
499
850
1,027
59,741

9a Restricted funds

Purpose of restriction

Fund name

Church music fund Churchyard maintenance Flowers Garden of rest Organ maintenance Church repair Sunday School fund Youth Work LDBF Energy Herb garden fund

Towards choir and music costs. Towards maintenance of the churchyard. Towards the cost of flowers.

Legacy donation to be used towards Garden of Rest costs. Towards organ maintenance costs. Towards church repair costs. Towards the costs of the Sunday school. Towards youth work activities.

Funding from Leeds Diocesan Board of Finance towards energy costs. Donations towards the creation of a herb garden.

Endowment funds
Balance b/f
£
Church music fund
13,609
Church repair
42,117
Churchyard maintenance
19,790
Sunday School Fund
8,965
84,481		 Incoming
£
-
-
-
-
-		 Outgoing
£
987
-
-
877
1,864		 Transfers
£
(2,784)
(12,118)
(5,672)
-
(20,574)		 Balance c/f
£
9,838
29,999
14,118
8,088
62,043

9b Endowment funds

Fund name

Purpose of restriction

Church music fund Towards choir, organ maintenance and music costs. Church repair Towards general repair costs for the church. Churchyard maintenance Towards maintenance of the churchyard. Sunday School Fund Towards the costs of the Sunday school.

Interest and dividends relating to these funds go to associated restricted funds. The outgoing costs relate to revaluation losses. The transfers relate to decisions to release funds to income in order to cover particular costs. The transfers go to associated restricted funds where and funds are expended from those funds.

18

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Notes to the accounts continued

for the year ended 31 December 2022

10
11
12
**13 **		 Tangible assets
Cost
At 1 January 2022
Additions
Disposals
At 31 December 2022
Depreciation
At 1 January 2022
Depn reversed re. disposals
Charge for year
At 31 December 2022
Net book value
At 31 December 2022
At 31 December 2021
Fixed assets investments
Balance b/f
(Disposals)
Gain / (loss) on revaluation
Income generated
(Income transferred out)
Total
Debtors and prepayments
Debtors
Prepayments
Accrued income
Other debtors
Current asset investments
Cash equivalents on deposit		 £
-
5,435
-
5,435
-
-
1,359
1,359
4,076
-
PCMC
Equip		 £
123,495
2,475
(7,241)
118,729
111,369
(7,241)
2,961
107,089
11,640
12,126
Parish
Centre
equip		 £
79,942
-
-
79,942
-
-
-
-
79,942
79,942
2022
Listed
investments
£
77,467
-
(9,078)
2,036
(2,036)
68,389
Parish
centre		 £
385,000
-
-
385,000
10,000
-
5,000
15,000
370,000
375,000
2022
Total
£
77,467
-
(9,078)
2,036
(2,036)
68,389
2022
£
13,141
3,646
4,362
224
21,373
2022
£
148,148
148,148
Land and
buildings		 Total
£
588,437
7,910
(7,241)
589,106
121,369
(7,241)
9,320
123,448
465,658
467,068
2021
Total
£
138,810
(79,361)
18,018
3,958
(3,958)
77,467
2021
£
1,287
8,814
2,849
154
13,104
2021
£
163,134
163,134

19

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Notes to the accounts continued

for the year ended 31 December 2022

14 Cash at bank and in hand
2022
£
Cash at bank
88,872
Cash in hand
3,131
92,003
15 Creditors and accruals
2022
£
Creditors
6,133
Accruals
1,391
Fee income received in advance
11,248
Taxation and social security
-
Other creditors
1,042
19,814
16 Designated funds
Balance b/f
Incoming
Outgoing
Transfers
£
£
£
£
Youth Ministry
34,400
-
7,200
-
Parish Centre
23,214
-
-
-
Parish Centre Kitchen
5,824
-
-
874
Boiler replacement
17,518
-
-
-
80,956
-
7,200
874
Fund name
Reason for designation
Youth Ministry
Parish Centre
Parish Centre Kitchen
Boiler replacement
Set aside to meet the costs of our Youth Worker.
Set aside for building refurbishment and improvement needs.
Set aside for kitchen improvements.
Set aside for boiler replacement.		 2021
£
112,744
2,834
115,578
2021
£
3,407
1,320
8,723
295
302
14,047
Balance c/f
£
27,200
23,214
6,698
17,518
74,630

17 Related party transactions

Donations from trustees and related parties

The total aggregate value of unconditional donations to the charity from the trustees or related parties was £20,088.

Trustee expenses

During the year one trustee was paid a total of £75 in respect of phone costs (previous year: £nil).

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

20

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds

Notes to the accounts continued

for the year ended 31 December 2022

Notes to the accounts continued
for the year ended 31 December 2022
**18 ** Staff costs and numbers 2022 2021
£ £
Gross salaries 56,466 47,101
Pensions 819 619
57,285 47,720
**19 ** Defined contribution pension scheme
2022
£
Costs of the scheme to the charity for the year
819
Amount of any contributions outstanding at the year end
182
Grant making
Project or activity
2022
Grants to
institutions
Charitable allocations
£
International
Church Mission Society
1,500
The Sylvia Wright Trust
1,500
Local
Caring for Life
1,500
Joanna Leeds
1,500
Leeds Asylum Seekers Support Network (LASSN)
1,500
PAFRAS (Refugees and Asylum Seekers)
3,000
Support After Rape and Sexual Violence Leeds (SARSVL)
1,500
St George's Crypt
1,500
West Yorkshire Community Chaplaincy
1,500
The average number of employees during the year was 10.7, being an average of 2.7 full time
(2021: 8, 2.4 FTE). There were no employees with emoluments above £60,000.		 2021
£
619
177
2021
Grants to
institutions
£
1,000
1,000
1,000
1,000
1,000
2,000
1,000
1,000
1,000
equivalent
Total 15,000 10,000

21

The Ecclesiastical Parish of St Chad, Far Headingley, Leeds Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 December 2022

2022
2021
Unrestricted Unrestricted
funds
funds
£
£
Income
Donations and legacies
122,572
194,715
Other trading activities
46,093
23,519
Investment income
1,215
109
Charitable activities
116,723
69,264
Other income
3,813
1,454
Total income
290,416
289,061
Expenditure
Raising funds
28,755
14,041
Charitable activities
280,554
221,582
Total expenditure
309,309
235,623
Net gains/(losses) on investments
7,214
-
Net income / (expenditure)
(11,679)
53,438
Transfers between funds
-
-
Net movement in funds
(11,679)
53,438
Fund balances brought forward
676,550
623,112
Fund balances carried forward
664,871
676,550		 2022
Restricted
funds
£
2,397
-
2,879
-
-
5,276
-
22,238
22,238
(7,214)
(24,176)
20,574
(3,602)
63,343
59,741		 2021
2022
2021
Restricted
Endowment Endowment
funds
funds
funds
£
£
£
15,214
-
-
-
-
-
1,567
-
2,394
-
-
-
-
-
-
16,781
-
2,394
-
-
-
34,152
-
2,016
34,152
-
2,016
7,632
(9,078)
10,386
(9,739)
(9,078)
10,764
13,207
(20,574)
(13,207)
3,468
(29,652)
(2,443)
59,875
84,481
86,924
63,343
54,829
84,481		 2022
Total
funds
£
124,969
46,093
4,094
116,723
3,813
295,692
28,755
302,792
331,547
(9,078)
(44,933)
-
(44,933)
824,374
779,441		 2021
Total
funds
£
209,929
23,519
4,070
69,264
1,454
308,236
14,041
257,750
271,791
18,018
54,463
-
54,463
769,911
824,374

22