DEDHAM PAROCHIAL CHURCH COUNCIL FULL ANNUAL ACCOUNTS to 3 1st DECEMBER 2023
Dedham Parochial Church Council Rural Parish Missioners The Reverend Phllllp Young The Vicarage High Street Dedham Essex C07 6DE The Reverend John Saxon The Rectory Wix Road Great Oakley Essex C012 5BJ Trustees {tho following were Trustees durlng 2023) Mr Peter George Wilson (Churchwarden & Chaimianl Mrs Virginia Susan DTuitt IChurchw8rdenl Mrs Lynne Christine Al-sad Mr John waen Reed Mrs Gabriel Elllabeth Maud Walson Mrs Elizabeth Ann Reed Mr Paul Rotsrt Brebner Mrs Sharon Sarson Mrs Helen Jane Sim$ Bank B8rc18ys Bank Pl¢ 9 High Street Colchester, Essex C01 1DD Independent Examlner Philip Strangward Culver House East Lane Dedham C07 6BG Roglster•d Charlty number 1130860 Contsnts Page Financial Overview Statement of Financial Actlvltles Balance Sheet Notss to Financlal Statements Independent Examiner's Report 5-12 13
DEDHAM PAROCHIAL CHURCH COUNCIL ANANCIAL OVERVIEW Mana ement: The PCC Finance Commlttee met on 4 occaslons in 2023, and has 5 members.. John Reed (Chairman & Treasurer), Peter Wilson Ichurchwardenl. David Jewell, Adrian Beckingsale (from 9, May), and Sara Marshall (Financial Administrator). The PCC is registered with the Charity Commission undercharity number 1130860, and the Annual Accounts can be viewed on the Dedham Church website Iwww.dedham-and-ardleigh-pari5hes.co.ukl. Once approved at the APCM. they are available on the Commission's website Iwww.charit commission. Income: 2023 built on the progress made in 2022. and the finances benefitted from strong Church attendances, and additional other giving. The2023 totsl of Planned and other Giving to the General Fund (Note 2a) including Gift Aid amounted to £89.698, a 13.4% increase on the total for 2022 of £79.074. Despite the continued flat income from monthly standing orders, the donations from all other sources We well ahead of last year, and the PCC wishes to thank everyone who gave so 8enerousty in 2023. Other General Fund Income in 2023 (Note 2bl. was also positrve. with the Parish Magazine generating income of £19,946 from adverknsers. The one Fund Raising event in 2023 was the Big Breakfast which raised record income of £2,089. Grants Received & Fabric ro e¢ts- Several grants were received in 2023 to support both the church overheads and the Or8an Appeal fund. the only Fabric project in 2023 INote 2gl. The Appeal raised another £63,213, which took the total to within 4% of the target of £300,000. Preliminary costs were paid out, mainly to Nicholson & Co totalling £56,031 laftef all VAT was reimbursedl. acies.. Two bequests We gratefully received in 2023, including one for £5.929, with the Will indicating that it should be used for maintaining the Fabric of the Church. Ex enses: The impact of global inflatFon was very evident in early 2023, and had a major impact on overheads, particularly utility costs, which have now been secured on far more advantageous contracts. This has been a year when a number of one-off or routine maintenance issues have arisen, and this has all led to a sharp rise in Expenses. Church running costs rose by £8,202112%1 to £76.521. Parish Share.. A revised Diocesan Parish Share system was Introduced in 2023 as part of the new Missioner ministry arrangements. This brou8ht substantial relief from the previous OLrt-of-reach Parish "Ask" The 2023 Aspirational level of Parish Share for Dedham was set at £46,623, some £3.877 less than 2022, and it was very pleasing that this year we had enough in General Fund to meet this. Reserves: The overall funds held by the PCC at 31 December 2023 totsl £602,724, an increase of £60.506 in the year. The larEest fund continues to be the Organ Appeal fund and this now stands at £216,581, sufficient to meet the Organ rebuild this coming Autumn. Apart from the Organ Fund, all other funds increased by a net £46.568 during 2023, compared to a loss of £44,321 reported last year. Fund investments made a gain of £22,572 whleh COvered 73% of the investment105ses in 2022. Whilst the trnt economy remains uncertain, it is vital that the PCC continues to maintain sufficient fL¢nds In the General Reserve to meet fLSture challenges. The strong financial performance in 2023 has resulted in a Cash balance of £27,412 bein8 held in the General Fund at 31 December 12022 £20,470 cash). In Conclusion, I wish to give my heartfelt thanks to both Sara Marshall and Katrina Ablett for the immense amount of work they put in, diligently and professionally throughout the year. John Reed Treasurer
Dedham Parochial Church Council statemont of Flnancial ActivitieB Forthe yoar onded 311)ecembor 2023 Nots Unrg$trlcted Funds Restrl¢tgd Funds Endowment Funds 2023 Totsl Fund 2022 Funds Incomlng Rosour Incoming soUrCeS from generated fvr Voluntary incomfr Aotivities for generating fvnds Investmont inoomè Charitable activities Other incoming re50urces 21al 21bl 21¢1 21dl 21el 103,136 25,379 1.676 9,040 92 59,185 41.032 13.777 2.283 162,321 230,917 86,411 214,002 18,448 9,075 11,323 12,594 92 1,248 995 Total Incomlng Rgsour 139.323 116,277 996 266,595 4fj7,836 Resources used Cost of generating funds Fundraisingl Trading cost Charitable activities Governance costs Other outgoing resources 3181 31bl 31cl gldl 1,524 133,225 600 311 479 82,213 2,003 3,577 215,738 2r3. 120 600 6t)0 320 1,364 300 Total Ro8ourcgS Usgd 135.660 82.701 218,861 278.001 Ngt Incomlngloutgolng Ro$ourco8 Before transfers 3,663 33,578 895 37.934 189,236 Transfws Transfers betsveen funds 121dl 456 (456) othor r9¢0gnl8od galn811108st8) Gainslllossesl on investment assets 14,374 8.198 22,572 (30,914) Net mo¥8m9nt In funds 60 $06 158 322 Re¢on¢iliation of fundB T¢tal Funds brought torward 40,322 416,458 85.438 542.218 383,896 Total Fund carrred fovNrd 44.441 464.408 93.875 602.724 542.218
Dedham Parochial Church Council Balance Sheet As at: 31 December 2023 Total Nots8 2023 2022 Flxed Assets Tangible Assets Investments 3. 726 258,184 235,331 239,057 258,164 Currgnt Assets Debtors 20,810 11,988 306,480 Cash at bank and in hand 335,170 355,980 318,468 Liabilit19S Ciedilors 11,420 15,307 Amounts falling due in one year Net current assatsloss current1SabSlltles 344,560 303, 161 Total net assèts1055 current Ilabilltles 602.724 542,218 R•pr•*•nt•d by Unrestricted Funds General Reserve5 27,412 17,D29 24, 196 16, 126 40,322 Designated Funds Total Unrestricted Funds 10 44,442 Restrlcted Funds 464.408 416,458 Endowmgnt Funds 12 93,875 85,438 602,724 542,218
Dedham Parochlal Church Council Note8 to the finan¢ial ststements For the year ended 31 De¢ombor 2023 Accountlng pollcos The financial statements have been prepared in accordance with the Church Accounttng Regulations 2006 together with applicable accounty'ng standards and FRS 102. The financial statements have been prepared under the historical cost convention as modified by the incluslon of investments 8t market value and the revaluation of fixed assets. The financial Statements include all transactions, assets and liabilities for whi¢h the PCC is responsib18 in law. They do not include th8 accounts of church groups that owe their affiliation to another tM)dy, nor those which are informal gatherings of church members. Funds Funds are defined as ellher unrestricted, designated, restricted and endowment (see notes 1C 121. Unrestricted hjnds represent the fvnds of the PCC (Parochial Church Council) that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. These include funds designated for a purpose by the PCC. The purpose of any reslricled fvnds is noted in the financial ststements. Incomlng resouTc95 1.21al Voluntary Income and Capltal Sources Collections are recognised when made. Amounts receivable under covenants are re¢ognised only when honoured by the covenantor. Income tax recoverable on covenanted or gift aid donations is included when the income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is rtotified of ils entillemenl and the likely amount due. Fundraising event income is accounted for gross before expenses. Sales of i18ms from the church resource centre are also accounted for gross. 1.21bl Other Ordlnary Income Rental Income from Ihe letting of church premises is accounted for when earned. Parochial fees due to the PCC for weddings, funerals etc., are ac¢ounted for on an event by event basis. q.21¢1 Income from Investments Dividends and interest are accounted for when due. 1.21dl Investment gains and losses Realised gains or losses are recognised when investments a sold. Unrealised gains or losses are accounted for on revaluation of investments at 31 December. Appllcatlon of Resou88 Grants Grants and donations are accounted for when paid, or upon award. 1.31al
Dedham Parochlal Church Council Notes to the flnanclal $tatem•nts For the year endod 31 December 2023 1.3(bl A¢tivitlos dire¢tty relatlng to the work of the Church. The Di0$an Parish Share (quota} is accounted for when payable and any amount paid after 31 December is shown as a creditor lft the Balance Sheet. 1A Flx•d A8s•ts 1.4(al Consecrated land and buildings arKI movable church furnishings. Consecrated and beneficed propety is excluded from the financial statements by section 96{2llcl of the Charib'es Act 1993. No value is p18ced on movable church hjrnishings held by the churchwardens on special trust for the PCC and require a faculty for disposal since the PCC considers this to be an inalienable propety. All expenditure incurred during the year on Consecrated or beneficed buildings and movable church furnishings, whether maintenance or improvement, is written off. IAlbl Other land and buildlngs Expenditure on maintenance or improvement is written off as incurred. It is hereby noted that the church's assets include a shared overage on a parcel of land in Coles Oak Lane, Dedham (Land Registry title number EX8141361, the value has not been determined at the date of these accounts. 1.4(¢1 Other flxture8, flttlngs and office ?qulpmont Equipment used wrthin the church premises is depreciated on 8 8lraighi line basis over 4 years. A full yearfs depreciation is charged in Ihe year of acquisrf(ion and no charge is made in the year of disposal. Individual items of equipment with a purchase price of £1,000 or less are wThtten off in the year in which the asset is acquired. 1.41dl Invgstments Investments are valued at market value at 31 December. 1.41el Current Assets Amount¥ owing to tne PCC at 31 December In resFecl of fees, rents or oth6r income are shown as debtors less any provisions for amounts that may prove uncollectable. Short-temi deposits include ¢a$h held on deposit either with the Central Board of Finance or at the Bank.
Dedham Parochlal Church Councll Not•s forth• Flnanelal St8tgm¢nts- GOn1d Forth• Y•arMIed 31 O¢¢embor 2023 Total UnrnBlrfctsd fund8 Re5trtcied fund5 endowm•nt fund5 fund¥ 2023 2022 2 Incomlng rosourcos Incomlng RVOUr from Genorthl Fund8 4a) Volurrtary In¢ome Plannèd Giving Direct Giving to bank Gfftd Envelopes Ontroff Oonations Tax-recoverabie Oth&r Planned Cash Offartories Giving through Red Safe Non-rè¢urring Grants Recurring Grants Other funds generatett Legaoes Tot•l Voluntary Incomo 47,667 4,509 47.667 4,509 46.023 4.743 14,8Q4 240 19,094 3,384 5.580 4,002 233 1.000 100 513 9.008 23.812 240 20,412 57,299 240 11,394 3.895 51,118 . 95.793 4.002 4.002 2.577 6,929 5.501 162 321 230 917 OthorGlvlJ)g 108 1,210 Othèr Incomg Igl 2,500 43,038 15 5,929 21bl Actl¥ltle8 for g8Mr•tlng fund• P8rish M3gaz4n8'. advertising Parish IAagaJne.' donations Fees.. concetts & healing Fundr8isinq everts & App8as Income generated for Mi$sions Income from Tower Tours Duchy Bam incoff ACtltI• lor genoratlng fvnds 19.946 896 1,220 2,089 19,946 20,17Q 287 1.220 1,240 40,532 187.433 2,589 3.606 65 55 1,363 66 411 214 Q02 38.443 2.589 65 1.363 21cl InvOBtmont in¢om8 Dividends Bank Interest Duchy Field nI Tot Invostm inGomo 5,001 8.776 8,792 9,606 50 6,7 2.275 517 50 314 995 21dl Charitabl8 a¢tlvitte8 Fees" wedding8 & fvn•raL8 Resourc Centre.. sales Duchy Barn.. letb.ngs Parish OffiTr'. income Charltabla ¥¢t1tIo8 3,874 1,540 526 2.283 6.483 1,540 3.300 9.304 1.517 1.745 28 12.S94 3,300 2101 Othwr Incoming R8sour¢o5 Receipt$ off5el by P8ymerts Othèr Incomlng R•sourco5 92 92 92 7,248 Total IncomlnB re8wr 130.Q84 996 256 596 467 836 21fj ColK%tlon8 for othar charthos 2023 2022 During the yearthe chur¢h also cdle¢ted 0th8rd)driiies duriry serv8$1£1,0681 and Ihrowh rnissn fvndrakqing 1£2,5891. DEC Ukrair Ardleigh Bel FUNI Dedham organ FurKI Chikjren's Souety E.A.C.H. 750 263 863 863 1,883 1.013 In addth'oll, the general furKJ ¢onlribuled £1200 to ethar cau$e$. Beacon Hous KOan Feeding Faith St Hdena Hospl 988 5.095
Dedham Parochlal Church Councll Nots for the FSnan¢ial Statement8- contlnued For the Year end9d 31 Docember 2023 21ul Non-r•curring Grants 2023 3022 R8cèlvgd Frorn Frtendsof DhOrn Church Iorw FdI h8m ESIastrrl Lectureahip Tiusl Itnissions & sOurc8s1 Lisiad Placeof Worsh1p Gr8ni scme IVAT grgllll Ddham Parish CnlI£1$00 for Duchy Bern kit¢hw upJTrdel Ni¢hoLqs Young Fwndation IDu¢hy 8atn maintenanc81 Err&roy Savillg Trust Diocesan MiStsK OppthJnth$ Fund FSJ Chanbes (Organ Fund) WIlliwn5 Church Music T¢u$i Iorgan Fund) Bplslea¢S Ganzonl Church Trust (Orsan Fund) Benefact Trust IOr9an Fund) ON Fund (Organ Fund) 5.000 3.48$ 17,478 3,000 1,000 6SS 1Q,mD 2,000 4,750 1,CK)D 421 75,607 17,265 Total non•¢uthng grant• 51 118 96.793 3 RUl¢•$ Total Unr8sirf¢ted futsds D081gnatqd hjnds RtrIC fund8 Endowmont funds 2023 2022 31al Fut)drai&ing tradlt)p cogt of uoods sold Fundrai51ng events co¥1$ Mission Fundr8i$ing ¢Ksls Duchy Bam Rwi & counter $uppll8s Fundrai61ng tr4dlng ¢L18t 1.293 479 1,872 /958 447 131 479 3.51T 31bl Charilabto •¢tiYlti Ov¢rse85 rnlgsions UK MISOn8 DKtesan Parish Slare Parish Seuetary.. co*8 Financial adm. e05ts Director Df Mus10r9enls1$ Wotking expen8$8 LocumlGue$i s9[ Pellternet Office Exp6n5e$ Cvstof acUYiti•S.. Pan$h Magaane.. cost$ Resou¢• Centre.. siock (osts ITVrae 1.726 1.726 4.082 46.622 SO. 8.7 7.T64 B.985 5,381 371 169 258 2,771 11,973 1,287 8,354 2,379 1,727 2,708 P4rfBh 8har•'. PeoW•'. 48,622 8,007 8,835 5,381 371 169 256 2.771 11.973 1.287 8.104 1.279 1,727 2.408 229 132 2,209 vtcar. 14 773 243 4,328 10.542 912 ParfBh OThc•.' DPC.. 250 I.0 7.250 Education & Junior church Other Iln¢lude5 Profe5son81 Fees) Vi¢&rage costs Organ mainiain Maintenarte 300 .235 3.3t9 132 5.597 9.131 3,388 4.571 487 6.145 3.280 5.320 6.737 8.709 4.402 70.305 133.514 4.142 1.671 565 2,000 4,700 639 6,709 Se1 upkeep Chur¢hyard upkeep 1.445 4,e81 Major Copilal W¢xks 70,305 Du¢hy B•m- 4.142 565 44B Insu8 Tdèphone aniwan¢e Depreciation. asset¥ Chavltaljlo activ•$ 1,710 3,726 215 738 273 120 2.196 OthwEw'. 3.72fj 31cl Govemanre costs 600 GovThn¢e 008t8 3(dl Othpr Outgolng Ro$ou0& Finamal ¢h¥rg8S Payments offEtrt by ReIptS Othoroutgoing Resourc 219 92 311 228 141 1,223 92 320 Total Rgsour¢•6 U69d 791 300 218 661 278 6
Dedham Parochial Church Council Not•s for the Flnan¢tal Statements- contlnu Forth? Y•ar •ndsd 31 Decgmbor 2023 310) Staff co8ts Two poople were èmployed by the PCC during year. Pari$h Secrntary la grant of £4,002 1$ donated 8epara¢gty by D.E.L.T.I Director of Music 2023 2022 8.007 5.381 7,704 4,896 Contractor ¢t The Church uttlisad six Self employed contractor8, during the year, to cary out finanual admini3tration, magazine edfaro, magazine adverbsing, car8ting, churchyard maintenanefy 8nd Duthy Barn ¢baning. The overall ¢o$l in 2023 was £19.79512022 £19.4831. 3111 Payments to PCC mgmbgr¥ One PCC mtmber is paid for theirwork gt Funerals and Wedding8 by the PCC, acting as agents. forthe funeral threctors and wedding wuples. One PCC m8mb8r wa8 contracted during the year lo ¢arry t car&taking and deaning dutss. Mtrmbers of the PCC received Nil expen983 in the cours• tsf their duties. 4 Tanglble assots Eqylpment 2023 2022 Brought forward Additions 8,356 &356 8.356 8,356 Depreciation bl Depreciab"on charge 18.356) (e,356) Not B¢)ok Value 18.3561 (8,356? Fumituro & Flxture$ Brought forward Additions 19.875 19,8T5 19,875 19,875 DepTratIon bl Depreciation chorge 116.1491 (12,423) 3.726 3.726 119,8751 (16,149) 3,726 Ntrt Book Value Total T*nglbl• assots 3,726 6 I$•nt A•ts 2023 2022 CDBF 7,336.04 UTh H6ath Fund COIF 15S2.24 units P8rochial Benefit Fund CDBF 757.86 unrts Churchyard Tru31 CDBF 854.96 unrts Tlthe Chancèl Trust CDBF 1,109.04 units cars 1970 Dlscrétionary Fund 165.833 151,459 30,804 28,172 17,131 1&647 19.326 IT.756 2S,070 22.897 Total Investmont Fund 258,164 23&331
Dedham Parochial Church Council Notes for the Flnancial Statements - contlntsed For the Year ended 31 Do¢ombor 2023 6 Debtor8 2013 2022 DebtOFB Ghurth Insurance prepayrnent Legaoy Ireceived Jan 20241 Tax to btr r8d8imed Total Dothi 4,161 4,929 5,929 5,792 20.810 2,754 4,654 11,988 7 Llabllltl 2023 2022 CRd6t¢rs 1.660 2.618 Parish Shar8 2.500 10,189 15,307 Mag[ne advertising prepaid receipts hr 2024 Totsi Credllo 9,760 11,420 8 An$11$ of Funds Total UnrestriGted R8$trl¢t•d Endowment 2023 2022 Barclays Current CCLA Deposit Debtors 25,221 817 5,278 31,316 14,969 18,2n 286,037 7,731 303.854 291,511 11,988 13,079 20,810 Total Current Ass•t5 .300 355.980 318,468 9 R958rve8 Fund balan¢e Investment galn51 IIos88$1 Fund balance Incomlng Outgolng Transfors General Fund 24.198 130.084 1126,889 27.412 The net a888t value of the Audiovlsual system purchased in 2020 8t¢od at £3.726 in tho balancè brought forward, and was Deprech8ted te trro during 2Q23. a¥ll¥j the total Ggneral Fund cary forward at th8 end of the yeargntrety In eash at £27,412 10 D8slgnated Funds Fund balarKe Investm•ht galn&l losses Fund bInce fwd Note5 Incomlng Transhr8 Music Fund Tr Fund r Fund Offif* Equip. Fund S¢asonal Fr¢ntal$ Duthy Bam Fund 10,977 1.425 11,636 (bl 11,4441 Icl Idi 2,007 1,450 16,126 66 8,069 9.239 2,073 2,628 17.029 17,34n 8,791 456 455 io
Dedham Parochial Church Council Notes to the financial slatemonts. ¢ontinu8d Forth8 yoar ended 31 December 2023 Parts olthe Parochial Feos I1Ved by the PCC are d6sKJn8tsd for rnusic, florS and for maintenance ofthe tower. Th8 following are not8s in sp&Cl of Designatad Funds.'- lal T¢xYer Fund reckiv88 the net incom&from TowerTours, lor eypèndthre on the fabric ofthe Church. The Flower Fund has tradIOnallY been ggnerated from a falIty fee for ftowers at wedding$. It 15 now available lorflower arrangers to usè as p8rt of th8irwethly di8play8. Seasonal Frontals Fund 15 initially forthe placement of the Trfnity set of frontsls. Duchy Bom Fund was meryed with the Duchy Paro¢hial Benelrt hjnd in 2014 and 1$ used for the Incorne and running costs of the Duchy 8am. Ibl Idl li Re5tr1ettd Inveslmènt galn¥l 106$$$ Fund balanc• bltwd Incomin9 Outyoing T¢an8fers Rgsources Ro$our¢e8 Fynd balanc• EIrd Missions FurKI Organ Appeal Fund PCC Repairs & Maint. V. & C. Discretionary Churchyard Fund Fabric Fund Hesth Fund Muniment Roorn Fund Mission Opportunities Fund lil Junior Church lal 2,589 84,565 12,5891 170,6271 13,8041 11,0001 14.6811 202,643 30,261 9.305 430 13,982 159,542 296 216,581 29,020 8,578 Icl 273 4,251 6,310 4.947 10 10,000 769 20,292 178.863 306 10,000 769 Igl Ihl 14,374 lil Total Regtricted Fund$ 416,458 116,277 82.701 14.374 464,408 Mission$ Fund Incon raised are proceed8 from Spe[[cndraFsig events. The Oigan Appeal Fund attracted donations and grants tritalling £63,213 during the year. The cumulative total donated and grantecj Sin July 2022 stood al £289,103 incIling Gift Aid at the 31st Dec*mber 2023. rèprgsontinu 0r Q8% of thè taruot Stap• paym•nt¥ to Ni¢h¢l•on & Co, th¢ n)ain ntra¢tor, and other ¢o$ts totalled £56,031 in 2023 excluding VAT tyelaimed 88 a grant from the LPWGS. The annual National IBOB inflationary ind8xation dau$e was appli8d in 1st January 2024. and the amount outstanding on the contra¢t with Nicholson & Co 5tsnds at £162,913. The Organ Appeal Fund tsala holds £216.581 at the end of 2023 to meg1 this liability. During 2023 £3,389 was Charged to the Repalrs and Maintenance Fund for upgrading th8 Lightning concluctors and other seucnty measures Vicar & Churthwardens Discretionary Fund wss started with a donation from an individual and was requested to be used to h81p people in need in th8 parish. Thè Churchyard Fund incorne uwj forth8 ¢08ts ol churchyard maintenance. The Fabri¢ Fund 15 for repairs to the fabr of the church. Heath Fund money rele88ed from the Heath sale proceeds fund, to be us¢d by the PCC forthe benefft of the ChJr¢h & Dedham Parish. Muniment Room Fund is for support of the valuat48 church archives. Ibl Icl Id) 181 In (91 li
Dedham Parochial Church Council Notss to Ihfr financlal Jtatsmw)ts - ¢ontlnu•d For the ye•r end•d 31 DocBmbor 2023 12 Enrfowm•rt Funds Fund balon¢• InYgstm8n¢ galn81 Inc¢[8 olng Tran•f•rn Note Fund balancg Vi¢at5 1970 Discreticory Fund Churthyard Trusl Tithe Chancel Trust Parochial B8n8fft Fund (lthY B8ml Idl 24.007 15,647 17,156 28.628 13(Kll 2.173 1.484 1,909 2.632 26,614 17,131 19.328 30,8ts4 Ibl 261 14581 TfAal Rostrl¢ted Fw 84438 998 13001 14561 8,198 93,876 Vicars 1970 DlscxÈtionary FUNI lateS to 8 1)equesl In the late 1970s, The from the funo may be used al the discretkjn of ttE Vicar orChurcAvardens. Churthy&rd TtU5t reLg188 to fund8 set up tydon8ts'on. thÈ specific restridon of use of the for Churchyard maintenance. The oiigm81 inve8trnent Iotsi was È1,40017 sm1 twgts were amalgarnated in 19961. TitIE Ch8lltEI frust Is a penant en¢o%Tnentwith catal held underih& Tllh8 Act 1938. Itwne ay tye Usèd for maint6nane¢ Work in the Chancei and for its Insuranca. Tr openig Capit818t710unl was £218. Parochial 88nefil Fund k8 the investrnents ofthe Parothkql Berfil FurK1 gNen to the PCC to pay 9orral operating costs oflhè Duchy 88m Comffluntycenira. (bl 13 Fe8s A¢count balan Inc10 lfr 01.01.23 Re8ourc88 914 Outgolng R9¥0vrce8 Fund balan¢• clhvd 31.12.23 752 Wethylro Feas FuneraL8 & rnwnoriab Other 11.270 5.357 134 (3331 12.6621 17.1521 11.2351 (2,6101 171• 18251 11761 pcc MInter Organlsi Veroer Cholr Gravedigger Streaming Bell ringers 11.1001 16,761 116,9231 762 The fres a¢Unt conlaTr)5 MoY pa¥J by weddhg couples, relatives of the eased and fJra1 directors. Th& PCC acts as an agg, der the Charty Commislm rules, lo pass fee5 on lo all relevant parhes. The orty moneythat ever belongs to the PCC 15 the PCC statutory fees and ditn81 fees Isud) 85 heating) the loial ofwhl¢h are slw above. The PCC fee$ are shown In note 2ldl under 'Fees.'weddings 8 furEr81s', there is an amount of £28D indLJ8d In the above fiuure (for heallry costs) whlch Is 5hovm In note 2(bl der 'Fee$.' & he8bno' aTrJ In adOn lees donat&Y of£39)15hrthn cash Offert0e$ no 21211. 12
INDEPENDE EXAMINER'S REPORT forthe financial aren ed 31st 0e£embÈr 2023 Re ort to Dedham Parish Church- Parochial Church Coun Chari Number: 1130860 pcc I report on the accounts of the PCC forthe year ended 31 December 2023, whith are set on page5 3 to 12 of the Full Annual Accounts. Re5pertlve responslbllltles of PCC and Examiner. The PCC Is responsible for the preparation of the accounts. The PCC consider5 that an audlt is not required for thi5 yearundersertion 144121 of the CharitiesAct2011 (the 2011 Act) and that only an independent examination is needed. It is my responsibillty to.. examine the accounts under sectlgn 145 of the 2011 Art. follow the prOdureS laid down in the general Directions given by the Charity Commission under *ttion 145151 Ibl of the 2011 Art,. and state whether particular matters have come to my attention. Basis of the IrKkpendent Exam5nerfs Report Mye¥amination was carrled out in acctsrdance with the general Directions 8iven by the Charity Commission. An examination includes a review of the accounting records kept by the PCC and a comirIson of the accounts presented with those records. It also includes consider3tion of any unusual items or disclosures in the accounts. and seeking explanations from you as trustee5 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 account5 present a 'true and fair view and the report is limited to those rnatter5 set out in the statement below. Independent Examlnerfs Ststement In connection wth my examination, no matter has corne to my attentlon.. 111 which gives me reasonabl¢ ¢•use to belleve that in, any mat¢fi61 respect. the requirements- - to keep attounting records in accordance with sèction 130 of the 2011 ACL. and to prepare accounts which accord with the accounting records and comply with the accountin8 requirements of the 2011 Act. have not been met.. or 121 to which, in my CFpinstsn, attentSon should be drawn In order to enable a proper understanding of the accounts to be reached. Name of Independent Financial Examiner.. Date.. Philip 5trangward 16 April 2024