ANNUAL REPORT and FINANCIAL STA TEMENTS of the PAROCHIAI. CIIURCH COUNCIL FOR THE YFAR F.Nl)EID 31. DFCTrMBER 2023 Ineumbent". Rev. Canun J Steventon Bank: l.loyds Horsemarket Street, Warrlngton. WAI ITP Independent Examlner: Phlllp Urmston BS¢ FCA VDlsey & Co I.l.P Chartered Aecounl#nts 8 Wlnmarlelgh Street Warrfngton C'heshire WAI IJW Architect: Graham Holland A&goclates Wlnnink>ton Elall Wlnnlnglon Lane Northwich
WARRINGTON PARISH CHURCH PARC)CJIIAL CHURCH COUNCIL Financial Stotementsforyear ended 31" December2023 ST ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The trusie¢s present their report with the financial statements of the ChRrity for the year ended 31 December, 2023. The misi¢es have adopted the provisions of ihe Statement of Recommended Practice (Accounting and Reporting by Charities) ISORP FRS102). Reference and Admini.$trative DelaiLs Re Istered Charit Number IlJ(>15fi7 Princi IAd 'I'he Rc¢ii)ry Warrington Cheshire WAI 2TL St Elphin's Parochial Church Council is responsible for co-operating with the Incumbeni in the promotiott in the Town of ihe Pastoral, Evangelisiic Social and Ecumenical Mission of the Church, Membershi M¢mber5 of the Parochial Church Council are either eX-01clO or elecied annually by the Annual Church Meeiing The following served as members during 2023 Rev. Canon J Sievencon Mis& K.J. 11(tyes F,x-Officio Mrs J M C'.liffe .x-OffJcio (Vice Chairl Rev. D¢rah Anne Lovatt Miss K.J. I layes Mr& J M Cliffe Mi5.4 D. Ruthwell F,x-Ol'fi¢iO Ex-OffiLio F.x-Officio Elecled M Mrs S.W. Halley Mrs M Dolan Ms Mara Livingston McPhail Miss D. Rothwell (Electoral Roll Officer) Mrs M. Seftnn Miss 8.M. Wright Mrs C Dickenson Mrs B Molyneaux MrASRowe Mrs S Freeman Mrs S Jeffrey Mr K Jeffrey Ico-opied from May 2023} lfrom May 2023} (from May2023} Day t(F day management control of the Church is exercised by the Standing Comrnittee appointed ar (he Annual Meeting and can be Coniacted via the Secretary Telephone 01925 821048
WARRINGTON PARISH CHURCH PAROCHJAL CHURCH COUNCIL Finaneial seMentsAOrYefjr ended 31" December 2023 ANNUAL REPORT FOR THE YEAR ENDED 31. DECEMBER 2023 CONT'D... Structure, Management and Governance St Elphin's PLC is a body corporate and operate5 under the Parochitil Church Countils {Powers} Measure 1956 and (he ChurLh Representdtiull Rules. The PCC is a Chariiy registered with the Charity ConunissioThers. Charity number 1130867 The method of appointment of PCC members is sci oui in ihe Church Representation Rules. All church members are encouraged to r¢gister on the ElecioTal Roll and stand for eleciion to (he PCC. The Standing Committee consists of the Reetor, both ChUhwarderts. (he PCC Treasurer. PCC Secretary and one ther member of thc PCC. RISK A.SSF,SSMENTS: Ile8lth and %afety A cumprehensive Health and Safety PoliLy ha5 been wrillen by Mr PAwdrd Illanchard, Ihe Health and Safety OffJ¢¢r l&ppoinird July 20211. li wds dpprov¥d by the PCC and is nuw in place. Procedures for recording accidenis are avuilable and Wttrdens and Sidesperson.s trained in fire Sdfety. Two membcrs of the congregation are qualified in First Aid. Chlld Protectlonlsafeguarding A pDliLy for Child Protectionlsafeguarding has alsi) been approved by the PCC. The PCC mLmbers are hjlly cognisani of its conlcnrs. IE 1% a complex and sgrious 4Lre4L. MTS J. C.liffe is the vcrifyllig officer. Mi4s K.J. Haye.% is Ihc .%afe8uarding Co-ordinaior. All members of the PCC have DBS eertificate.5 Jnd rTK)St h&v¢ undertaken the neeessary safeguarding (raining. Vulnerahl¢ Adull Pro¢e¢llon I'he Diocesan Policy has been adopted by the PCC and is consulted as and when neces.%ary. Operatlonsl Rlsk ArrangLmenls have been agreed with the St Elphin's Community Centre Association for services to be held in the Ccntrc in the event of ihe church becoming unusable for a limited period. OBJF.LTJvfiS ANI) ACI'IVITIES When planning our aciivitiL5 for the ycar, the PCC gave consider&iion to the Charity Commission's guidance on public benefii and, in parriculdr. Ihe guiddnLe to charities Loncerned with the udvancemeni of religion. The Mission of our Parish Church of St Elphin endorsed by the PCC, is to continue to further God's message in the Parish and the Town of Warrington by having a commitment to all people in the parish and to hold Civic and Ecumenical events in the churLh and to Lo-opcrate with othcr chuTches in our Cluster Group and in rhe Wing[On Deanery and other organisations in the town Our PIAns objecllves for 2023 were To promote the Bishop of Liverpool'5 Rule of Life in our parish....... Tell, Serve Give. To support Deanery event5 for the Northem Bishop's Mission to the Diocese including the Fil for Mission Project To encourage our pari%hioners to take part in the Deanery discipleship ¢our5e To support Wedding couples and Bapti%m familie5 To continuc aur links with our Church Schools To encour<ige increa&td giving by pati5hione15 and prvmoie our new Parish Giving Scheme To encouiab7e and %upport all gioupE whu wi%h to Use the Lhllrch for Special service5 and Awards cY¢nings. To continue to supporE our Clergy and Readers To ne known all Parish Events by means of the Parssh Web Site and other Socidl media
WARRtNGTON PARI,gH CHURCH PAROCHIAL CHURCII C'OUNC.'II. Finonctal.giatemenlsforyear ended 31" December 2023 The church has remailled open ihroughoui 2023, and from E&ster have offered LUTnmuniot] in both farms. Most special serviLes have reUmed and the church has once again been in use for Lollege awdrd ceremonies and concert%, including the town retnembranee service. sy ANNUAL REPORT FOR THE YBAR ENDED 31 DECEMBER 2023 CONT'D... OBJECI'IVES AND AC'TIVITIES Continued Uur Plans and objectives for 2023 were The churLh ha5 iemdined upen Ihrvu¥hour 2023. tlnd from EIer have offeTed communion both forms. Most %pe¢ial services hav¢ resumed nd the LhurLh hd5 onL¢ again been ITL usc for colleg¢ award cerenK)nie.s itnd Loncerls, including the town rernembrdnLe tl¢e. Elec¢orul Roll The New Electorul Roll PTesented ai the Annual Generdl Meeting in 2023 Lonlained 101 naEnes reduced lo 63 at a review in Ociober 2023. Wor5hlp: Attendance The cfleLt.s of Ihc Covid pandemic has conrinued to affect th¢ atlcndancc ai scrvices. Two services eontinue on Sunday 8.3(Jam and 10 loani but numbers are down on pre-pdndemic levels and the numhcr of children aitendin¥ continues to bc sniall. The Wcdnesday tnornirtg serviee conlinues lllihuiigh morning prayer VIA l.accbook has cea8Ld for the prefent. Thc avcrag¢ attendance ai Sunday morning 10.30um service is 35 adults and 4 children. an avcrage of 15 adults ai the 8.30am %erviLe. The Wedncbday m()niin8 kuchurist atlracls an average of 10 Throughuut the year many spccial service% were held foT orgunisations in ihe town and parish. In Deeember some l.11]O adulis dnd young pLoplL aiiendcd %pecial scrvi¢cs Occaslongl Servlces Bapiisms dnd There wcre 36 during the yeur. 18 Lhildren under l yeJr'.153 children between l and 4., I was bctwcen5 und 12.. 1 ddult. Weddings Funeral. There were 10 weddings held in church. A total of 25 funerals were conducied by the Clergy in ChuTch and 4 Londueted at Walton Crematorium. confMlIn Confirmation did not take place a8ain in 2023. although one is planned in 2024. Pastoral Care Monthly visits to nur1n8 home% and sheliereLI aLcommodaiion coniinue as do visits to the housebound to take Holy Communion and reglllar pastoral communion visits. Youth and Chtldr¢n'5 Work Junior rhurch hus not ie-slarte£l due io low numbers of children atiending Lhurch and non on a regular basis. Plan5 have been put in place for Key Srage 2 from school to attend Wcdnesday l Oam service a year group at a time. The church and Si Elphin'5 school workcd together to enable the children to take part in 'Experience Pentec05t'. There wer¢ several pray¢rlactivily Stations thioughoui the church building to cnable the children to explore the therne of the Holy Spirit and Pcnteco%t. MernbErs of the congregaiion, clergy and the governing Ix)dy %taffed the station5, and the Lhildren CdTne over from the school rhr()ughnui Ihc day. Clergy and Foundation Governors maintain strong links with St Elphin's school and the school has re-commenced holding chri%1mS, E&8ter and Harvesi scrviccs in church, which a good number uf paren15 allend. St. Elphin's Browni¢ Pack is run by members of the church. Brownies aTe now meeting in St F.Iphin's Park Pavilion but with low nutnbers, St Elphin's guides closed in 2022 and rainbows never re-convnenced after ihe pandemic Church Building During 2023 routine annllal llvdilltenance work has recommenced.
WARRINGTON PARISH CHURCH PAROCHIAL CHURCH COUNCIL Financml Sts¢ementsforye&r ertded 31" December 2023 A repair ro the heating pipes down the central isle has improved the heating posiiion. The choir vesiry windows were repaired following a break-in and the Clergy vestry window which were bowing, hLtve been taken out cleaned and r¢fiiied. ANNUAL REPORT FOR THE YEAR F.NDED 31 DECEMBF.R 2023 CONT'D... bT Church Bulldlng Sadly the exierior of ihe building was subjeeted to black paint writings and symknls which W¢T¢ ren)VEd by the c.ouncil The Fire extinguishers were checkcd. Unauthorised tents were pui up in ihe church grvunds and the occupant left numerou5 bag5 of rubbish against the builditjg. rhe Police and Council eventually dealt with the matter. Further work is planned on the wipdows dnd interior the church in 2024. Glving and FundraL$lng The numb¥r of weddings atld funerals in church and special services Luniinues io be down on pre pandemic levels. The P]Sh Share fur 2023 was paid in full, as was the Insurancc which 1.% a hcdvy burden. Alihough regular giving rnade up a 8ub.8tantial amouni of the income in 2023 this i.s again down on 2022: the nujority of income 1.% now Vid ihc Pdri.%h (yiving scheme. Income frum Wcddings Funeruls is down from 2022. McmbeTS I. the congregdlion are regularly ti%ked to review their giving and whcrcv¢r pus5ible Gifi Aid their LulleLlion.%. More pari%hionci'.% thi% year have arranged to join ihe P]Sh Giving SLheme which continues io be promoiLd as ihe prLfLrred method of giving. Al%u, a maLhine to aceept dttbit and crLdii card pttymellls was installed in September 2022 giving funher opiions, and is a popular method of giving for one off paymenis A few ndraising cffurts took place Ihis year and were well attended. Investments Our I,ndiiwmenls and Restricted funds are inve%ied with the C.'cntral B(Idrd ol I,inanLe Pund.% ddministLrLd by ihtt CCLA Mandgement l.Id. As interesi raies have incrLUSLd incomc fvL)m this source has increased from 2022, the interest provide% useful fund.s for (he Fdbric Fund dnd Gcncrdl bund. Flnanclal review 21127 w&% an improving'year in ter$ of numbers but planrtcd giving and covenanted collections from all sourLes wa5 slightly down. as were PC'L feel, although cash on plate and tundraising w¢rc up .%lightly on 2022. The biggest rise tliis year is from bank inter[ and investments in line with the incredse in inreresi rates Reserves Polley Our Sieward%hip and Re5erY¢s Policy reflects our primary responsibilities a5 a PCC to ensure that we mainiain our fancial viability to carry oui our mission io di.sLem dnd convey (iod's purp05¢ in Mission and Ministry within our F.Lclebias1iLal Pdri%h and its wi(ler Town Centre Ministry. the church bein8 the piedominant building for Chrisiian wvrbhip in the area. Funds derived from offering5 made during the Variou weekly seiviLe5 dre pldced in ihe Generdl Accouni an<5 dre ubed for ihe day to day running expenses, upkeep and paymeni of the Parish Share to Diocesan Au(horities. It is deemed prudent to retain a modest reserve on the Gener4LI ALLOUlit to pay for tsne quarter of ihe ancicipaied iinnudl ouigoings. Fabrfc Fund The Fabric Fund is a designaied Fund where enifuwmentb and donaiions are specifically designated for the upkeep of the Fabric of the Church building. I'he Rector, Churchwardens and PCC take seriously the responsibilities as stewards and ¢usrodians of ihe Heriiage of a Grade Il* Listed building with its origin% in the 7, Century and the Cent Strll¢ture dating back to the 14 Ceniury Deslgnated Funds
WARRINGTONPARISH CHURCH PAROCHIAL CHURCH COUNCIL Fitrwncffjl,¥iu¢ementsforyeor ended 31" December 2023 The Rectur and Churcliwardens Y exercistt th¢it discretion io sei aside pati of an unrestricied fund for designated PUry>Ose&. Designlited funds may be used wheit donors hdve expressed a preference withoui imposing J tru.st. The funds SLI de52gnaied remain unrestricted Since the ReLtoi and Churchward¢Th% can reve the designaiioll at any time. Restricted Trknnds A nuFnber of ALcourtis are restricted for the PUTwse stated. 5T ANNUAL RLPORT FOR THF. YEAR ENDF.D 31 DF.CF.MBF.R 2023 CONT'D... PI,AliS Tr'OR TIIE FUTURF. ObJectlve$ for 2024 I'O continue to promoie Ihe Bishop of Liverpool's Rule ofLife in our Parish...Tell. Serve, Give To encourage our Parishian¢r% to return to worship in Church. To LncouraBe our Parishioners, lake purt in DeanerylParish DisLipleship Courses To continue to.%upport Wedding cauplc% at)d Baptism faTnilies To ¢onlinue links with our Church Schools Tu ¢omtn¢n¢e repAir work in accordance with Ihe Quinquent)ial R¢port for 2019 'ro piiblicisc all Parish events on Parish Websi1¢, 'A ¢huT¢h near you" and other social media To participaie in th¢ planning Wlth othcr churches in the WarrinÉion Dcanery io lake fonvard the Fit for Mi%&ion project Clergy And ReadtrslPArlsh Rector Rev. Canon J Steventon Assistani Curate Reader F.meTi(u. R¢v. Deborah Anne Luvatt Mr R. Whitlicomtr As Rev June Steventoll was ill for u sood pan of 2023. Rev Deborah 13)vatt coniinued with the iwo Sunday and one weekday service in church althnugh wa5 unable 10 offer the morning pr#ycr.scrvices vn line. Onc L.vcn song service ¢uok place bul was su.5pended whLn Rev June beLamc ill Jnd th¢re wa% litile interesi in this evening 4ervice. Rcv Deborah Lovalt licenLed in June 2Q22 h95 SilPPOrtcd Rev June with services and iuok on dll parish dutics during Rcv June's illness The Churchwardens give over and above thcir desi8naled roles. We are blessed 10 have su¢h rcliable Lay people. In 2023 we continued to 5uppoM NaiK)nal and Local Charities including.. Charflie8 'rhe Children's Society WatTington Food Bank The Y Project Mother5, Union Charities Parlsh Cirou The Moth¢Ys' Union The Ladies Group Junior Chllrch Uniformed orgIat1Os meets monthly for a prayer service and speaker meets twi¢¢ a month for social activities and fund raising. not yei re-started dlle to low numbers of children in church St Elphin's Brownies Also Beaver5. Cubs and SLuuts
WARRINGTON PARISH CHURCH PAROCHIAL CHURCH COUNCIL Financ1 StatemeR15foryear ended 31" December2023 Approved by order of the members of th¢ PCC on . nd signed on ils b¢half by.. Revd. Canon J Sieventon
WARRINGTON PARI,SH CHURCH PAROCHIAL CHURCH COUNCII. Finon¢iol.Siatementsforyear ended 31" December 2023 INDEPENDENT FXAMINER'S REPORT I retK)rt on the accounts of Ihe PCC for the year ended 31" December 2023 which are set out on page5 8 to 16. Respective responslbllllles of Trnstee5 and Examiner A5 the Tnemb¢is ot.the PLC you are responsible fur the preparation of the accounts., you consider that the audit is not required for thi% year under section 144121 of ihe Chariiies Acr 2011 Irhe 2011 Aci} and thai an independent examiniltloll L5 needed. Ir is my rcspon%ibiliiy io.. exaTnine the accounts under section 145 of the 2011 Act to fullow the procedures Idid dawn in ihe General Directions given by the Charity Commission (under section 14S(.Sllhl of tho 2011 Act)., and to state whether P£lrtlLulur mailers have Con to my aiieniion. Basls of Independent ExAminer's Report My examInatOn was cdrried Dul in ULLurdllnce with Ihe (ieneral Directions given by the Chariiy Commissioners. An examinatiun inLlude5 a review of rhe accountinbF recDrds kcpi by ihe PCC And a Lompari50n of ihc occuunls pre%eiiied wilh those records. It also includ&4 consideraiion of dny unusual ilcm% or disclosure% in ihe accounts and seeking explllnations from you as Irustees ci)nceming any such mailers, The procedures undLrtuken do not provide all the evidcncL (hyt would be required in an audit. and con.sequently no opinion is giv¢n as to whether the accounts preseni a'tnje and fair view" and the report is limiied to ihosc matters sel oui in the Staiemeni below. Independent F.%Arnlrter'$ Statement In c()nncLtiun wilh my examindiion. no matter hds cume lo my aiiention.. Which gives me reasonable cause w believe ihai in any material respect the requirements.. tu keep proper dLcountiny records dre kept in accordance wilh Seeiion 110 of the 2UI l Act.. and to prepare a¢couni% are prepared whiLh dccord with ihe &couniin8 records und comply wiih Ihe accuuniing requirements ol'the 2011 Act have noi been mei., or 2. To which. in my opinion, attention should be drawn in order io enable a proper understanding of the accounts to be reached. Philip Urmston Bsc FCA Voisey & C.0 l.l.P Chartered Accounlanis 8 Winmarlcigh 8trcct Warrington Cheshire WAI IJW 2Srg'.......... ........2024
WARRINGTON PARISH CHURCH PAROCHIAI. CHURCH COUNCIL Financial SiatÉmÉrtl.fforyear ended 31" December 2Q23 STA TEMENT OF FINANCIAL ACTIVII'IES si. FOR THE YEAR ENDED 31 DECEMBER 2023 Unresffteted Designated Restricted Lndowment Noles 'unds Funds Fund5 Fund5 Total 2023 To¢&1 2022 INCOME AND ENDOWMENTS Volllniary income 2(al 76.235 82,587 52,378 Incume from investmenis 21bl 3,119 5.289 2.095 12.958 23,461 5,275 Activities ft>r gen¢rating fvnds 21c) 7,763 7,763 5,576 Church activities 21d) 7,254 7,254 12,420 Other income 2{e) 1,033 TOTAI. INCOME 95.404 5.289 8.447 12.958 122.098 75.649 EXPTr.NDITURE Fundroising Church activitics 31al 136 31bl 88,166 136 108.844 20,678 100.221 TOTAL EXPENDITURE 88.302 20,678 108,980 100,221 NET INC.nMF.IIF.XPF.NDITIJREI Bb.Fl)RF. INVTr-S'1'MTr:N'f (:AJNS 7,102 115,3891 8.447 12.958 13.118 124.5721 GAINSIILOSSESI ON INVLSTMTr:NTS Investrnents 522 6,41)4 144 7,070 18.6681 NET INCOMEJIEXPENDITUREI 7.624 115,3891 13.102 20,188 133,2401 TRANSFERS BEfwEEN FUNDS 17501 13.890 NF,T MOVF.MF.NT FN FUNDS 6.874 128,5291 698,804 28,741 13,102 20,188 (33,240) 336,194 1,155.785 1,189,025 FUND BAJ.ANCF,S BIF 16,405 104.382 FUND BALANCES CIF 23.279 670,275 133,123 349,296 1,175.973 1,155,785
WARRINGTON PARISH CHURCH PAROCIJIAL CIJURCIJ COUNCIL Ftnanciai Stoiemenlsforyear ended 31" December 2023 BALANC'E SHEET Unreslricled Designaled Reslricled Endowmenl Noles unds 'unds lunds unds Téjlal 2023 Tothl 2022 VIXED ASSETS Tangible a5se15 Inve.%ttnents 51al -5(b) 152,812 152,812 8.3,626 156.450 64.613 6,113 74.950 2,563 6,113 152,812 74,950 2.563 236.438 221,063 CURRENT ASSET Debtors Cash ai bank and in hand 200 19,800 313 57,860 513 Y41,856 936.797 517.463 346,733 20,OIM) 517.463 58,173 346.733 942,369 936.797 CREDITORS Amount.% due in le%$ Ihan OD¢ year 2.834 2.834 2.075 Net Current Assets 17.166 517.463 58,173 346.733 939,535 934,722 Ncl Assets 2.1,279 67U,275 133,123 349,296 1,175,973 1.155.785 Pthrlsh Funds: Unrebiricied Dcsignaicd Reslriclcd EndowrrKnt 23,279 23,279 16,405 670,275 698.X( 13.3.123 104.382 349.296 336.194 670.275 133,123 349,296 Total Funds 23,279 670,275 133,123 349,296 1,175,973 1.155,785 Approved by the Paro¢hial Church Council on 2024 and were signed on its khalf by.. Trustee fftevd. Canon J Stevento The notes on pages 9 10 15 form part of these accollntf.
WARRINGTON PARISH CHURCH PAROCHIAL CHURCII COUNCIL Financi41 Statementsforyear ended 31" December 2023 NOTES ON THE ACCOUNTS bT FOR THE YEAR ENDED 31 DECEMIIER 2023 I) ACCOUNTING POLICIES The PCC is a public benefil eniily Within the meaning of FRS 102. The financial statemcnts have been prepared under (he Charities ALL 2011 and in accordance wilh the Church Accounting Regulations 2006 goveniing the individual accounis of PCC5, and with the Re&yulations' 'trlle and fair view" provisions. it is also ihe first yeiir thdt they have been prepared under FRS 10212016) as the applicable accounting .standards and ihe 2016 version of the Statement of Recommended Prdctice. Accounting and Reporting by Charities (SORP (FRS 1021). The financial staternenlb hitve beetl prepared under the historical cost Lunvenlion exLept fur the valudlion of inveslmeni asset%, which are shown ai market Vdlue. The financial siaiemenis include all IransaLtions. assets and lidbililies for whiLh ihe PCC 15 responsible in law. They do nut include (he accounts uf Lhurch gruups that owe their main affiliation 10 another IK)dy. nor thuse that are informal gatherings of church members. Funds Lrtdf2wnenr und.i are funds, Ihe ¢apii(tl of whiLh mubt b¥ mliintaiiied; only incoinc arising from invcsiment Inay be u.%ed either a% r¢slricted or unresiricted fund% depending upon the purpu5e for whiLh the endowmeni was establi.%hed. The PCC. maintains .scparatc invcstmenl% dnd bank account% f()r eaLh nd. The purpose and use of the endowmeni fi]nd% is set Qui in not¢ 8 to the accounts. ReJfririvd Tr'unds represent la) income from (rusts or endowmenis which may be expended only on those re%lricicd objects pruvided in the term5 uf rhe Irusi or hcquest, and Ibl dondtions or granrs Te1ved for speLific purpose ()r inviied by ihe PCC lor a NpcLific purpose. 1'he funds mdy f)nly be expcndcd on Ihe spccific PUTpose for which thcy were given. Any bal(LncL rLmaining unspeni at Ihc end of rhe ycar i% ¢Jrricd forward a.s d balance on Ihat fund. The PCC maintains scparaiL investment.% 4Lnd bank aLeount.% for each fund. The purpose and use of the resiriLied fund.% is set out in note 8 1() Ihc a¢coun¢s. Designaied Fund.1 arc ndS which are noi r¢siri¢t¢d by the donor but which the PCC hds agreed to designate to u.%ed in the fviure for a specific purpoge. I'hey remain undLr Ihe c(Trnrrol of the PCC as part of unr¢stri¢tcd funds and could bc rc-de%ign4Ltcd at 4Lny timc in thc futurc ui the disLrLiion vf ihe PCC. lJnre.%trirled und.f artt gcncral fi]nd5 which arc availablc for PCC ordinary purposes und dr¢ not 5ubjcct to any rc%triction rcg8rding their use. They snLlude de%i8ndlLd funds and free re%Lrves. Frc£ rcEcrves are those funds availahlc to hc u%ed at the discretion of Lhc PCC whiLh hdve not been designated for any particular purpose. Incoming resources l)lanncd giving. collcctions and donation% are rceognised when received. Tax refi]nds arc recognised when thc inLoming resourcc to which (hey relale is received. Grdnis, legacies and T¢nr are accounted for when the PCC is legally entiiled to the amount5. All other in¢ome 15 reco8nised when it is received. All incotne is accounted for gros5. ResoUe5 expended Grants and donation5 are accounted for when paid over, or when awarded, if a binding obligation on the PCC exists. An¥Juntb received and subsequenily expended specifically for mission are deali with as iestricted funds. Ouibtdnding utility Losls are e%iimated b&sed on recent bill&. All f)iher expendiiure generally recognised when it is incurred and is accounted foi gross. Investments Investments are stated at tnarket value at 31, December. io
WARRINGTON PARI.gH CHURCH PAROCHIAL CHURCH COUNCIL Financial St41ementsforyear ended 31" December2023 NOTES ON THE ACCOUNTS CONT'D.... ASSETS Consecrated and Benefice Property In %0 far as conseLiated and benefic¢ property of any kind is excluded from the siaruiory definition of 'charity" by S¢ction 1012llal 4ind Icl of ihe Chariiie8 Aci 2011 such assets are noi capiialised in the financial stateTnentS. Other Property 38 Brellon Avenue is considered a fi]nctional asset and is included in the balance sheet ai cost less depreciaiion 10 writc off th¢ as%ei over its c5titnated useful life of 50 year.%. Expenditure on the property is capilali5ed where il represents physical improvement that enhancts ihe vdlue of rhc propcny. The irusiees are awarc ihar the property has a markei vulue in exLes& of nei book value bul no valuations hav¢ bee underiaken. Moveable Lhurch Trurnishin%s These ale capitali.sed at cosi and deprecialed over their eLunomic life ocher ihan where insufficieni cosi information is available. In (his c&se these items were noi capiiali8ed. No value 18 placed on movable ¢huTch furni8hin¥s held by ¢h¢ church W¥4rdens on special tN.$t for (he PCC and which r¢quirc a faculty for di5po&uI 8incL thc PCC con%iders this to be indlienablc prop¢ny. All cxpenditure incurr¢d during Ihe year on Lun%eLTuied and benefiLed buildings And moveable church fiLrnishin¥s. wheiher mainiertance or improvcmcnts i% wriiicn off. T8n%lble flxed 85sets for use by eharlty ThLsc CdPitalisLd if Ihey cdn u%¢d for m(Fre than one year and cosi at least £250. Depreciation is Provid un the ¢osl of tangible fixed assets in order io write off the cost after taking Jccount of Tesidual values over the expected useful lives follows'.- Buildin¥s 2Yo Impairment review.% are carried out when ihere is any indiclliion that the ¢arrying K)Unt of a functionlll rixcd as.set IE bclow it8 tlet book value. li
WARRINGTON PARISH CHURCH PAROCHIAI. CHURCH COUNCIL Fiwincial Swementsforyear ended 31" December 2023 NOTES ON THE ACCOUNTS CONT'D... 21 INCOMING RESOURCES Unresti7¢ted Designaled Res¢ricled Endowment Funds Fund 'unds 'unds T(Jlal 2023 Total 2022 21al Dongtlons and L¢tI Planned Giving Parish Giving Cull¢ction%'. General Cov¢nani$ Tax recoverable ChaTilies LDBF energy support grBnl Dondt2ons and leg4tics 6.997 12.677 6.997 12,677 5,518 5.244 2.076 5.027 4,7(M) 4,-500 35,014 5,244 2.076 5,027 4.7UO 4..500 41,J66 4.6(A 3.680 5,322 1.290 6.352 20.711 76,235 6,352 82.587 52.378 21bl Income from Inveslmtnts Bdnk interest InvcyltnL'nl incorn¢ CLntrdl Buard of Fin2n¢¢ 859 5,19) 6,058 622 16,781 410 3.717 1.148 622 1,473 2,260 90 12.958 5,289 2.095 12.958 23,461 5.275 21cl Actlvltles for C¥eneratln% Trunds Autumn I,uyre and fundrdibing ma8d7.incs Sundry Church and Hall Ictling income 4,038 .127 2,138 1,260 4,038 327 2.138 1.260 5,318 208 50 7.763 7.763 5,576 21dl Income from Church Atilvliles Fccs paid to PCC 7.254 7,254 12.420 7,254 7.254 12,420 2{el Other Income: Insurance claims 1,033 ,033 1,033 Tot81 Incoming Re50ur¢es 95,404 5,289 8,447 12.958 122,098 75.649 12
WARRINCTONPARISH CHURCH PAROCHJAL CHURCH COUNCJL Finan¢ial Siatemenlsforyear ended 31" December 2023 NOTES ON THE ACCOUNTS CONT'D... 3) RF.SOURCES EXPENDF.D Unrestricted Designoted Restricled Endowmenl Funds Funds Funds Funds Tothl 2023 Tot&1 2022 31al Fundraising tosts Cusl uf giving envelopes Cost of fundraising evcnis 78 58 78 58 136 Ilbl Church acilvltles Charity giving Minisiry.. l.iverpool Dioce%an Parish ShaTC Other Mini%try Cog1s'. 405 405 1,290 49,078 49,078 45.479 1.9.38 8.284 1,882 1.269 4,270 1,367 1,938 8,284 1,882 1,269 4,270 1,367 3.509 7.707 1.377 .450 4.597 Hcdlin¥ Li8hiing Wdier Ratcs Generdl Rates Tclcphonc and Broadband Inlurance Organi%1 and Choir Fee5 Liccnccs Aliar Rv4Ji%ilCS Rcpair4 & Scrvicc of Equiprnenl Printing & Siaiioncry SundriL4 Property M4LinienunLe Prop¢rly I)epreciation IndepcndcDI P.xaniineT Fcc 9.447 2,890 360 990 990 4,569 4.569 155 ,054 1,867 1,867 18,252 3.638 720 17,040 53,586 3.638 720 88,166 20,678 108.844 100.221 Tot81 Expenditure 88,302 20,678 108.980 100,221 41 STAFF COST5 It is the custorn of the PCC lo pxy fi)r the service% of organists. ver8ers, sextons, choir members. J bookkeeper and a Church ¢Inr. Co%t% rclaiing io the provision of services of direci bcncfjt io IhL Church. including paymen15 10 Ihe OT8anisi for Church service8, are dctailcd in note 3. No payments were largc enough to atiracl social sccwity $t5. 13
WARRINGTON PARISH CHURCH PAROCHIAL CHURCH COUNCIL Financial Statementsforyear ended 31" December 2023 r40TES ON THE ACCOUNTS CONT'D... 5) FIXED ASSETS Breiion Avtrtue Toil71 51#1 Tingiblt r]xed R55ets Cost Al slan of year Ai end of ytar 181,916 181.916 D¢precialio Ai start of Ihe year Charge for the ycar 25,466 3,638 25.466 3,638 At end of year 29.104 29.104 Net Book Value At I I, Decetnb¢r 2023 152.812 152.812 At Il. December 2022 156,450 156.450 51bl Investments Urtre%tricted Res¢ric¢ed b.'ndowmen¢ 'und5 Fund5 Funds Tolal 2022 21123 Valua¢lon Market value ai lhe.tart of Ihe year Addiiion- legacy Net gAinlllos81 on nnUal rcvaluuiion 62,194 6.352 6,4(M 2,419 64,613 11,942 7,071 73.281 5,5SY) 523 144 18.6681 Market vulue ai the ejjd of the year 74.950 2,563 83,626 64,613 Analys15 01 invcsimLni% hcld ui the ye4r end daic No of lIl¥ C'Ci.A C'.OIF Ch*AVe¥ 221.00 87.QY) 4.386 ,727 4.386 1,727 T Muy Lhariiy Inv¢$imtni Tr'und- ¥n¢ome UThlts Si Georges Mission'l'rusi Robert IrelAnd Blaikbum Choriiy Parish Church Or8all Fund 2,284.77 41,467 20,727 22.664 6.945 22.6fv1 6.945 350. No of Unlt$ CBTr bixed Inlere$t Investment Fund 1,30U.97 Lily (Jibsort BEquasl 470.(M) Fabrie Fund 1,883 680 1.883 680 1.777 612 74,950 2.563 83.626 64.613 61 Deblor5 Unreslricled Restricted Furtd Total 2023 Total 2022 her d¢blors 2(K) 313 513 200 313 513 14
WARRINGTON PARISH CHURCH PAROCHIAL CHURCH COUNCIL Financtal Siatementsfuryeor ended 31" December 2023 NOTES ON THE ACCOUNTS CONT'D... 71 CASH AT BANK AND JN HAND UnTe5tricled De5ignts¢ed Restricted Endowmen¢ Funds Funds Funds Funds Tolal 2023 Tot41 2022 CBF Church of England Deposii Fund balance5 National Savings Envestment Account Lloyds TSB Oih¢r Deposit And- Current Accounts 42,484 10,547 20,230 336,413 389.444 20.23a 388,285 19.298 19.800 488.969 13,(N)3 10.320 532.182 529.214 19.8 531.453 43,870 346,733 941,856 936,797 81 CREDITORS falling due within One year Wedding deposits and oiher ac¢nlS 2,834 2.834 2,075 2.834 2,834 2,075 91 STATEMENT OF FUNDS Incomin Resotsr¢es Restpurces Expended Jnvestmenl Trnnsfers Boknnee Garns Inl(oul) 31 D¢¢ 2023 l 2023 Endowment FundF.' Fabric Fund Clergy #ssisiani Clergy Fund Lily Gibson Bqu&sl 331.688 2,729 1,777 12.958 38 347,413 2,729 1.882 106 Toia] Endowrncni Funds.. 336,194 12,958 144 349.296 Restricied Fundl.. St Gwrg¢'s Mission Trust Roben Ir¢land BlackbuTll Ch3TiIy St Ann's Chapel Sick and Pool Fund Moral Welfare Work Parish Church Organ Fund 60.765 32.909 1.400 100 9,208 1,407 688 3.874 1.937 7.745 73.791 35.534 1.4(K) 9,208 13,090 6.352 593 6,145 Total Rastricted Funds.. 104,382 8,447 6.4 13.890 133.123 Bolunce l Jan 2023 Resources Expended Inv¢slmen¢ TransAers B414n¢e eyains Inl(tsu¢) JI Dec 2023 Resotsrees UnresÉricied Funth.- General 16.405 95,404 88.302 522 17501 23.279 Designated.. GeDetal Fabric Fund School Propcrty Clergy Property 42,395 499.849 89 42,484 474.979 5.2 I?,IMo 113.030) 156,450 3.638 152,812 Totsl Unrestricted Funds.. 715.209 l(K>,693 108.980 522 113,8901 693,554 Totsl Funds.. 1,155,785 122.098 108,980 7,070 1,175.973 15
WARRINGfoN PARISH CHURCH PAROCHIAL CHURCH COUNCIL FinunciLTI Stoiementsforyear ended 31" December 2023 NOTES ON THE ACCOUNTS CONT'D... 9) STATLMENT OF FUNDS Cont'd Endowment Funds Fubric Fund Thi% 1% a permaneni endowment held on behalf of the PCC by Ihe Diocesan Board ol financ¢. Capital unnot be Bccess¢d. Incoine from donaiions is paid directly io tht PCC and is avdildble 10 be spent on building maillienancc and improvcm¢nis. lergy andAs,fiSiani Clergy Fund This 15 B pLYtnanenl endowm¢nl held on behglf of ihc PCC by ihe Dioc¢s(In BoaTd of fin4n¢e. Cupilal cannot be aLcesscd. In¢omc is uvailHble to be spent on clergy expen%¢s. Lily Gibsoii Beqyesi This d pernlert1 endowment held un behalf of the PCC by the DiorttAn BoaTd of Finance. Capiial cannot be accessed. In¢ume is 4vdil4bl¢ lo be speni in 4uppon of the geneTuI purposc% of ihe ChuT¢h. Re51rltted Fund5 Sr Geor%es mis.vion Trwi27 The fund rcluies 10 the pr(xLedb on the sale of land LTrriLiinully gifted by (he Iru81 in 1891 for the building L)f Si Georgc5 Mi%Eion. In accordancc with Ihc trust dccd the inconic and capiial arc available for mainienanLe of clergy hou%ing. Roben Irelaid Blackbmrpi Charirv The lund uro%c following the gilt inio the trust in 1908 of land in Bcre%tord Sireci. Warringion. The land ha% been Sold und the proLced5 are invLSted dnd incomL JLrising is availablL for mainienartcc of thc fdbric of ihc Parihh Church. ,%1 Ann's Chapel Smull arnouni of funds left in ihe accouni from when thi5 fund wa& origin411y sd up. li w4% decidcd by the PCC thai any further work on Ihis chapel would bc incorpDratcd in any 8encral fabric repairs and a% such this reTDdjnln8 fund$ tran$ferrcd 10 thc fabric fund and ihc uld b4mk accouni closed. SiLk iJnd Puvr Funij A %epdrdie fund held for donJtionb which hove b¢¢n reccivcd for the Specific purpose of %uppon of sick and puor in Ihc Par2sh. Mc)rdl Welfure W()rk A %cparaic fund hcld for donaiion.¥ which have been received for the $pe£ific purp05t of sUPPQrt of moral welfllre work in the Parish. Or8dn Resiuraii¢in Fund rund% Iroill Ihis old bank account Iran%fcrred io Ihc ncw fabric fund account but reill re51ricied for use for any repairs io Ihc organ. General Fund5 General funds iepiuenl th¢ atnounl¥ availRbl¢ lo the PCC 10 meei il% on-going obligaiions, bascd on Ihe a4%umplion that re%erve% de%i8naied for %pecific purposos and Iho%e inve%ted in land and buildings urc noi availabl¢ lor general w5e. The PCC Iiims to hold 3 rnonth5' OPVatin8 ws15 in fr¢e rt5¢rves and ai 31 December 2020 the balancc represenis approxifflately two month'5 Costs. Designated Fund5 DL'sighoied Fi¢nd,s- Geiier(tlAc'c'ouiii Thc PCC mainiajns funds which have been designated in support of the promotion of Parish mirtistry work wiihin Ihe Parish and town. Designaied Funds School Properfy The fund was originally sel up prior 10 Ihe Dew school being built and should have been elose4J once it was deiermincd that the fund5 w¢r¢ r¢yauir¢d. Any funds noi needed should hdve been returned to the church account4 at Ihal tK>int. The PCC decided that the attouni 5hDuld be c105ed and any remaining funds Iransferred to Warrington Parish Church General account Desigiiaied F'unds- Clergy Prop8ny I'he PCC own5 Qnc pioperty, 38 Bietlon Avenue, which had been irtiendcd to be used to house siipendiary Cwale5. 16