StJames' by the Park
THE PAROCHIAL CHURCH COUNCIL
OF THE ECCLESIASTICAL PARISH OF
ST JAMES, SHIRLEY, SOUTHAMPTON
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2022
CHARITY NIIMBER: 1130875

THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF
STJAME& SHIRLEY, SoirrHAM￿ON
FllYANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER2022
Pages
io-ii
Statetn¢th of Financial Activities
12
Balanrx Sheet
13
Notes to the Financial Statements
14-24

Page I
FOR THEYEAR ENDED
31 DECEMBER2022
The tnLthe5 present their Annual Rq￿ and Fina￿18[ Statements of The Parothial Church Council of
the FLclesiastical Parish of St Jam¢& Shirl¢y. So•ton (the PCC) for the year ended
31 December 2022.
The Financial Stslements comply %￿th the T￿￿t De&l the Church knounting Regulations 2006, th¢
Charities Act 2011 and Accounting and RqM)rting by Ckwities: Statement of Recommended Practice
applicable to tharities prepari[￿ their Financi￿ Stakments in acconlance wÈth the Financial Reporting
Stand&d applicable in the UK and Republic of Irela￿1 (FRS 102).
The Parochial Church Council of the F£clesAastical Parish of St Jame4 Shidey, Sothpton
encomp&&￿ two churchffj these ￿Ing St James, Churcl StJaEnes' RO￿ Shirley. Southampton and St
John's Church Centre. St James, Ro&£ Sbirley. Southampto
Charity Name:
The Par(diial Church Council of the Ecclesiastica] Parish of
St Jam4 Shirley. Southampt
Charhy Re£￿tratIOn Number. 1130875
CorttspondeDee AddreM:
133 Church StreeL Soullwnp￿ Hampshire. S015 5LW
The Par(Khial Church Council of the Ecclesithtcal PaTish of St Jame4 Shirley. Southampton w&8
granted clwitable slatus on 30 July 2(K)9.
Paroehial Cbureh Collneil Truste
PCC Memter4 who are the clwity's trustee4 ￿ srnl during 2(r22 wrre:
ID¢umbentr
R¢v¢rend Dani¢l Ctark Chainnan Appointed 26.06.12
WardeDS:
Jacqueline Dowdell
Nicholas Smith
Appointed 26.0421
Appointed 26.04.21
Eleeted Members: Laura Borthwick
Nicola Caveney
Marie Gray
Geofftey Payne
Aimee Ivhiffield
Rachael Young
Twy King
David Snape
David Arbery
John Thomas
Tara Watson
Tamsyn ￿gtort
Appointed 12.10.20
Appointed 26.04.21
App)inted 26.04.21. Treasuffr from 01.01.23
Appointed 26.04.21
Appointed 12.10.20
Appointed 26.04.21
Appointed 26.04.21
Appointed ￿04.22
Appointed 04.04.22
Appoint¢d 08.06.20; resigned 04.04.22
Appointed 03.04.19' ￿signed 04.04.22
Appointed 03.04.19' resigned 04.0422
Co-opted Members: Ugochi Okoli
Appointoa 04.0422

Page 2
THE PAROCHIAL CHURCH COUNCIL OFTHE EcCLLS￿IcAL PARISH OF
(CONfINUED)
31 DECEMBER2022
REFERENCE AND ADmINISn￿TIvE INFORMATION (CONllNUED)
Clew:
Reverend Georgia Condell
Reverend Lena Phillips
Appointed 04.10.20" resigned 31.12.22
AptK)inted 05.07.15' resigned 31.05.22
Genernl Synod:
Simon Clifi
ApwintedOI.10.15
Dloeesan Synod:
Esther Clift
Appointed 01.08.15
Deanery Synod:
David Bates
Rosemary Bmoks
David Wagstaff
App)inted 23.03.14
ApFNJinted 03.04.19
App)inted 23.03.14
Advisors to PCC Theresa Bowen
in Att¢ndanee:
David Phillips
Katy Barnes
Treasurer (to 31.12.22)
(to 01.06.22)
Paid Staff:
Josh Cook
Angel Itzstein
Paul Lambert
(to 31.08.22}
Our Advisors:
Bankers:
National westmin￿ Bank Pjc
l Romsey W Shirley. southan]pts￿ S016 4GT
Nationwide Building So¢iety
Kings Pth Roa￿ Moulton ParK Nortb8mpton. NN3 6NW
Independ¢nt Examiner. Abraham & Dobell
230 Shirley Rorf southampto￿ S015 3HR

Page 3
THE PAROCHIAL CHIJRCH COUNCIL OFTHE ECCLLSIASTICAL PARISH OF
TRUSTEES? AI¥NUAL REPORT
(CONTINUED)
FOR THE YEAR ENDED
31 DECEMBER 2022
OUR PURPOSESAIYD A￿IVITIEs
The purpose of the PCC is:
to Cowoperate with the incumbent (vicar) in promoting, in the the whole mission of the
to raise approptiate matters for d¢bate at diocesan or d¢gnery synod level.
tn pwtice, that means that the role of the PCC is to confer on all matters reknting to the lif4 ministy.
worship, servi￿, evgngelism and buildings of the parislL to discuss and decide on (within its statutory
powers) the strategy and policy ofthe churcFL In order to achieve tbis, members ￿11 D¢edlx)thto ¢anvass
opinions within the church and initiate discussion in ar￿ needing fresh attention.
Public BeDefit ststement
All of our activities are undertaken to further our charitable purposes for th¢ public benefit. In
planning our activities for the year we have considered the Charity Commission's guidance on public
benefit, including the guidance 'Publi¢ Benefit: Running a Cl)arity (PB2)' and, in particular, the
supplem¢ntsry guidance on charities for the advancement of r¢ligion.
St James, by the Park- who we are and wbat makes us tick
God is calling us to beeome (our vision)
God Is calllng us to become a community who embrace
Different expressions ofclwrch in order to make
Disciple-making disciples who Increasingly reflect the
Diversity ofour local area
To acbieve this Visio￿ God is calling us to be
Courageous. Iyhole-hearted Erpeclant
What do disciples do? (our discipleship triangle)
Up.. Go d¢eper wlth God
In.. grow closer fo each other
Out." reachft4rther with ihe good news ofJes
God calls us to believe (our foundations)
God17oving Faiher, saviour Son, empowering Spirit),
Bible (God's inspired word. essentialfor life andfaiih),
Church (ordinarypeoplefollowing ihe extraordinary Jesus together)
Our miysion focus areas (priorities)
mepual wellbeing,. environmenl.. olderpeople,'fiP￿nClaI hardFhip
childrep4 leenagers andfapnilies.. inler-culthral relaliorL%

Page 4
THE PAROCHIAL CHURCH COUNCtL OFTHE ECCLESIAsficAL PARISH OF
STJAME& SHIRLEY. SOUTHAMPTON
TRusfEES? ANNUAL REPORT
(CONTINUED)
FOR THE YEAR ENDED
31 DECEMBER2022
ACHIEVEMENTS AND PERFORMANCE
Sunday Serviee Attendance
The average weekly attendance at Sunday services was 124 adults.
Viear's Review of the YeAr
2022 was a time of eontiDuing to rebuild in the light of the pandemkc. More people were confident
to return to gathered worship in St James- a quick snapshot of attendance suggests we had IO% more
people in January 2023 than January 2022. There has been a gradual tsiling off of online attendance.
but that is still proving a vital ministry to many of our houseb)und sisters and brothers.
Equally significantly, we were able to restart Tbe Ark in 2022 and welcome in many paren￿ carers,
babies and toddlers from the loc&1 community. Many of these parents and toddlers have missed out
on much social interaction beCa￿e of the pandemic and it is wonderful to be able to provide this
service to the local community.
Discipleship is our core task as a church and we began the year focusing on what we mean by
dis¢ipEeship- apprenticeship to Jesus. During Lenl. we had a season of 'fasting and feasting, as we
explored how this spiritual discipline can help our discÉpleship. Later we used the SHAPE
mat¢rial to explor¢ IK)w God calls ¢ach onc of us to serv¢ him using the unique blend of spiritual
gifi& heart p&ssion4 abilitie& personality and experiences tlkat he has given us. Servi¢¢ is one of the
key hallmarks of a disciple, and I am so gratefi￿ to all who are cOn￿louSlY and activ¢ly serving God
using their SHAPE - at work, in school, in church, in the community. How we are growing as
disciples is a far more important indicator to the Lord than numbers attending on a Sunday morning.
That said, our Sunday gatherin
are vital for helping us grow disciples as well, bccause we grow
best as disciples in community. We conducted a survey about our Sunday services &8 we've grappled
with the question of how to develop our Sunday offering. We haven't returned to our pre-pandemic
pattern of a 9 &m. and a 10.30 &m. service, nor of Superstars once a month. I know that is a sadness
to some. But I'm delighted that many are engaging with God and each other through the Wonder
Walks (a gentle wander on Southampton Common to experience God in the beauty around us) and
Explore Together (a service with lots of participation and creativity). It was clear from the results of
the survey that there's no ¢asy way forward. Trying to balance the different worship-style preferences
of our congregation is tricky- and I'm gtatefid that so many put aside tbeir personal preferences on
a reguIar basis to join with the rest of God's family here to give him th¢ glory he is due.

Page 5
THE PAROCHIAL CHURCH COiJNCIL OF THE ￿CL&S[As[[cAL PARISH OF
(Co￿D)
FOR THE YEAR ENDED
31 DECEMBER 2022
ACHtEVEMENfs AND PERFORMANCE (coiYfiNUED)
Just &8 imp)rtant to discipleship are our smaller mldweek groupj. I'm delighted that more of our cell
groups are now meeting in person again than they weff a year ago. and several hav¢ grown in siz£.
I'm also encouraged that some are continuing to ¢xperimenl with mixed-mod¢s of gath¢ring -
sometimes using WhatsApp to support each other in prayer through the week: sometimes meeting
online to help with childcare; sometimes splitting into smaller singlerS¢X groups to enable a deeper
level of sharing. sometimes meeting up socia]ly to dttpen friendship. It's particularly encouraging
that two of the newer cell groups are much Jnore intergenerational in nature, which is so important
for on80in8 dis¢ipleship. We still have much work to do to help more under 50s (espxially those
with younger children) acce&8 groups or prayer triplets or other ways for them to grow as
disciples-in-community.
Our Church CouD¢iI ¢ontinu¢d to take a lead on reviewing our vision and value4 with input from the
congregation and small groups. We felt God ¢allin8 US to adopt 3 wordl that need to be hallmarks of
our discipleship in thi5 s¢ason: ¢ourag¢ous, whole-heorted and expectant. These words will apply to
us individually and collectively: at home. at work and at church. They are words that we will need to
revisit over the next year. too.
We also renewed our church vision and launcbed it in early 2023. It's a >D vljion: that ￿ a ChU￿h
Community we would ¢mbrac¢ Different expressions of churcJL in order to make Dlseiple-making
di8¢lplu. who better reflect the increa5in8 Dlverslty of our local We will need to do work on
this throughout the coming years, but it's been heartwg and enriching to see our church community
increase in cultural diversity over th¢1&8t year. We have welcomed many from Hong Kong. and at
the time of writin& five households are hosting Ukrainian refugees- with others supporting them, A
hu8¢ thank you to everyone who h&8 helped with that wel￿me. It is an ex¢iting but difficult journey
to become a mor¢ int¢r¢ulturnl chutrl4 but it is x• iM￿rIant for our own discipleship and for our
mission to our lo¢al are&
We have bad wbat seems like more than our fair share of illness and difficulti¢s in 2022. We called
special prayer evening in the summer to Pray for and anoint dear sisters and brothers who were facing
serious illness - and for anyone else who wanted to bring their ovm need5 kfore God. It was a rich
and powerful evening. It's been good to gather since th¢n for some otherprayer and worship evenings.
(The online prnyer meelings during the pandemic were well attended - ￿￿Ybe because there was
increased T￿ognItiOll of our ne&1 to pray together, maybe simply b¢￿use there was little else we
could do! On¢ of th¢ ¢hall¢ng¢s now is continuin8 to prioritise prayer in our personal and corporate
discipleship.)

Page 6
THE PAROCHIAL CHURCH COUNCIL OF THE ECcLLSIA￿IcAL PARISH OF
ST JAME& SHtRLEY, soUrHA￿ON
TRusfELS' ANNUAL REPORT
(CONTINUED)
FOR THE YEAR ENDED
31 DECEMBER2022
ACHtEVEMENfs AND PERFORMANCE (CO￿INUED)
There have be¢n scvernl big shifts on the staff t¢am: Lena Phillips and Katy Barnes both retired from
the staff team. Georgia Condell finished her curacy, started chaplain at St Mark's School and
moved to St Mark's church at the beginning of 2023. And Paul Lambert finished his paid role as
Assistant Leader and began training for ordination in S¢pt¢rnb¢r. En addition, I took on the role of
Assistant Area Dean and started visiting Shirley Infant and Junior Schools once a week to support the
staff there. The combined effect of all that has been a si￿1ficant d¢cr¢&se in the staff team's capacity.
The PCC began looking at developing a wider team of shared leadership in response to this -
something that will need continued work in 2023 and beyond.
Despite the challenges we face. we remain eoDfident in God's goodness, love and faRlhfulne8$
salm IIX).5)! We are his people, the sheep of his pasture (Psahll 100.3) and he ￿11 continue to look
after us. So, as we look to the future. let us be courageous- knowing that he pron)ises to be with us.
let us be whole-hearted-knoThing that Jesus gave everything forus. and let us be exp￿t- knowing
that God is abl¢ to do immeasurably mor¢ than all w¢ ask or iniagine, according to his power that is
at work sn us. Hallelujah!
The PCC'S total income for 2022 was £709.232 (2021 - £272,240). Of thi& £276,195 were
unrestricted fimds and £433,037 wer¢ restricted funds from the sale of the St Jolm's Church building
in July 2022. Net expenditure w&s £284,283 (2021 - £267203). This resulted in a net deficit in
unrestricted funds for the year of £8,088 and an Ove￿11 net sU￿lUS of £424,949 (2021- net surplus
£5.037).
2022
2021
Unrestricted income
Expenditure
276,195
284,283
272,240
267,203
Net surplusl(deficit) on unrestricted fuDds
(8,088)
5.037
Restricted income
433,037
Net surplusl{deficit) on all funds
5,037
The balanc¢ sh¢ct shows that the overall fimds of the PCC, including fixed assets. at the end of 2022
was £694,700 (2021- £269,751). Of this. £157,578 was free ¢&8h reserves (2021- £165,374) and
£433.037 Wds restricted funds (2021- none).

**Page7** 

# **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES, SlllRLEY, SOUTHAI\.'.IPTON** 

## **TRUSTEES' ANNUAL REPORT (CONTINUED)** 

## **FOR THE YEAR ENDED 31 DECEMBER 2022** 

## **FINANCIAL REVIEW (CONTINUED)** 

## **Income** 

**The PCC's unrestricted income increased by £3,955 (2021 - decreased by £6,087) in the year. This is mostly due to an increase in rent received from the hire of the church buildings.** 

**Total donations were £211,619 (2021 - £216,807), which represents a decrease of £5,188 (2%) compared to the previous year. Gift aid recovered was £49,056 (2021 -£44,508), which is an increase of £4,548 (10% ).** 

**Additional restricted income of £433,037 was received from the sale of the St John's Church building in July 2022; these funds are restricted to use locally within the parish. This sum represents 79% of the net proceeds of the sale. It is being held by the Diocese of Winchester on our behalf and can only be spent with our authorisation. The remaining 21 % (£115,111) of the proceeds are the subject of a reverter clause that was put in place when the money to buy the land was gifted to the PCC. Our entitlement to this portion of the sale proceeds is awaiting clarification and it cannot yet be recognised as income. This portion is also being held by the Diocese of Winchester whilst this process takes place.** 

## **Expenditure** 

**Total expenditure in the year was £284,283, an increase of £17,080 (6%) compared to the previous year but lower than the predicted expenditure which was set in the annual budget at £298,620.** 

**The main areas of cost were:** 

|**he main areas of cost were:**|||||
|---|---|---|---|---|
||||**2022**|**2021**|
||||**£**|**£**|
|**Common Mission Fund**|||**86,020**|**102,000**|
|**Lay staf salaries**|||**102,437**|**83,489**|
|**Buildings**<br>**(maintenace,**|**msurance**|**and**|||
|**utilities)**|||**42,904**|**35,131**|
|**Giving away (UK ad overseas missions)**|||**13,046**|**14,520**|



**The payment of £86,020 to the Common Mission Fund was as requested by the Diocese, and represented a decrease of £15,980 from 2021.** 

**Annual salary costs increased by £18,948, predominantly due to the full year impact of the Children and Families Team Leader appointed during 2021.** 

**Annual expenditure on buildings increased by £7,773 overall. This expenditure included £7,072 spent on lightning protection and £4,307 for boiler repairs for the main church building. There was also a 66% increase in the cost of utilities of £5,014 to £12,581 (2021 -£7,567), reflecting the general increase in the cost of energy during the year. Expenditure on the planned redevelopment of the church buildings was £2,706, a decrease of £6,175 compared to the previous year (2021 -£8,881).** 



Page 8
THE PAROCHtAL CH[￿cH COUNCIL OFTHE ECCLESIAsfJcAL PARISH OF
ST JAM￿ SHIRLEY, SoirniA￿ON
TRUSTEES, ANNUAL REPORT
(CO￿[NUED}
FOR THE TrTAR ENDED
31 DECEMBER 2022
FINANCIAL REVIEW (CONTINUED)
Summary and Outlook
The deficit differenc¢ of £8,088 between unrestrlcted income and expenditure in 2022 is encoura8ing
in the light of the operating budget set for the year, which predicted a deficit of £28.470. This was
due to income that was £6.045 higher than anticipated (actual of £276,195 versus budget of £270,150)
and expenditure that was £14,337 lower than expected (￿tUal of £284,283 versus budget of
£298,620). The lower expenditure w&8 primarily due to an undcrspend of around £14,000 on budgeted
works relating to repointing and clock repairs for St James; these items have been Carried forward to
the budget for 2023.
This outcome reflects the resilience and generosity of our donors, to whom we are very grateful. As
we look to the future we are mindful of the increased Cost of living that impacts both the day to day
running costs of the church and the lives of our staff and donors. Ow h¢althy cash reserves ￿loW us
to be bold in our plans for our ministry and buildings, whilst continuing to be good stewards of what
has been entnlsted to us. In the light of this the PCC has agreed a deficit budget of £34,000 for 2023.
The PCC has also begun looking at inv¢sting some of our reserves to obtsin a higher interest rate.
R¢8ervei Poliry gnd Going Concern
Unrestrict¢d funds are held at a level to enable the PCC to meet the costs of its ongoing activities.
Budgets are set in the light of this and actual financial performance and reserve levels are monitored
by the PCC throughout th¢ year. The memb¢rs of the PCC are of the view that the PCC is a going
¢onc¢rn.
STRucfuRt GOVERNANCE AND mANAGEmE￿ry
Governing Doeument
The Parochial Church Council of the Ecclesiastical Parish of St j￿ne$, Shirley, Southampton 18 a EK)dy
established by the Church of England. Th¢ PCC operate$ under the PCC Powers Measure. The PCC is
a ch￿lty re￿51¢[ed with the Charity Commission on 30 July 2009. number 1130875.
RecThltm¢Dt and Appolntment of PCC Members, InduetloD and Training
The method of apw)intsnent of PCC members is that PCC members must be on the Electoral Roll. They
are elected at the Annual Parochiol Church Meeting for a three-year tem) of office. New members are
given induction into th¢ ￿spoTL81bi1ItieS and methods of procedure of the PCC. All church attendees are
encournged to register on the Electoral Roll and can stand for cl¢¢tion to the PCC.
Risk M¥4Dagement
Th¢ major risks to whith the PCC is exporf as identified by the members have been reviewed and
systems or procedures have been estsblished to manag¢ th0￿ risks.

Page 9
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLFSIASTICAL PARISH OF
ST JAMES SlItRLEY, soufHAMwroN
TRUSTEES, ANNUAL REPORT
(COTh¥UED)
FOR THE YEARENDED
31 DECEMBER2022
RESPONSIBILITILS OF THE TRUSTEKS
The trustees are responsible for preparing the Trustees. Annual Report and th¢ Financial Stat¢m¢nts
in accordance with appli¢able law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare Financial
Statements for ¢ach fmancial year, which give a trne and fair view of the stale of affairs of the charity
ond of the incoming resources and application of resour¢¢s of th¢ charity for that perAOd.
In preparing those Financial Statements the truste¢s are required to:
select suitabl¢ accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP (FRS 102):
make judgements and estimates that are reasonable and prudenL'
state whether applicable accounting standards have b¢en followed. subject to any departwes
disclosed and explained in the Financial Statements; and
prepare the Financial Statements on the going ¢on¢¢m basis unless it is inappropriate to
presume that the charity will continue in business.
The trustees are responsible for maintaining proper accounting records, which dis¢lose with
reasonable accuracy at any time. the financial position of the charity and to enable them to ensure that
the Financial Statemcnts comply with the Charities Act 2011, the Charity (Accounts and Reports)
Regulations 2008, the provisions of the trust deed and the Church Accounting Regulations 2006.
They are also responsible for safeguarding the assets of the charity and, hence, for tsking reasonable
steps for the prevention and det￿tion of fraud and oth¢r irregularities.
INDEPENDEr￿ EXAMll¥ER
A resolution to [w￿l￿t Abrahom & Dobell &8 IndeFtndent Examiw for the ensuing year will be
proposed at the AJ)nual Church Meeting.
Approv￿ by th¢ trusttts on 23 April 2023 and slgDed on thelr behalf by:
M GRAY
TREASURER

Page 10
INDEPENDEKf EXAMINER'S REPORT
TO THE TRUSTEES OF
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF
STJAME& SHIRLEY. SOUTHA￿oN
FOR THE YEAR ENDED
31 DECEMBER 2022
I report to the clwity tn￿eeS on my examination of the accounts of the Parochial Church Council of
the EcclesiasticaI Parish of St James, Shirley, Southampton, (the Trust) for the year ended
31 December 2022.
RESPONSIBILITIES AND BASIS OF REPORT
As the charity trust￿3 of the Trust you are r¢sponsible for the preparation of the accounts in
accordance with the requirements of the Cbarities Act 2011 ('the Act,).
I rewrt in respect of my examination of the Trust's accounts carried out under section 145 of the
2011 Act and in canying out my examination I have followed all the applicable Directions given by
the Clwity Conllnission und¢r section 145(5)(b) of the ACL
INDEPENDENT EXAMINER'S STATEMENT
Since the clwity's gross income exceeded £250,000 your examin￿ must b¢ a m¢mber of the body
listed in section 145 of the 2011 ACL I confim) that l am qualified to undertake the examination
because I a member of th¢ Institute of Chartered Accountants in England and Wales, which is one of
the listed bodies.
I have completed my examination. I confirn] that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the Trust as required by section 130 of the ACL
or
the accounts do not accord with those records. or
the accounts do not comply with the applicable requirements concerning the forni and content
of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirements that the accounts giv¢ a 'true and fair view which is not a matter considered as
part of an independent examination. or
tbe accounts have not been prepared in accordance with the methods and principles of the
stst¢m¢nt of Recomm¢nded Practice for accounting and reporting by charities applicable to
chaTities preparing their accounts in accordance with the Financial Re￿rtIng Standard
applicable in the UK and Republic of treland (FRS 102).

Page 11
INDEPENDENf EXAMINER'S REPORT
(CONTINUED)
TO THE TRUSTEES OF
THE PAROCHtAL CIIURCH COUNCIL OF THE ECCLEs￿lcAL PARISH OF
FOR THE YEAR ENDED
31 DECEMBER 2022
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 bc reached.
DAVID J MANf FCA
INSTITUTE OF CHARTERED ACCOUNTANTS IN ENGLAND & WALES
230 Shirley Road
Southampton
S015 3HR
23 April 2023

Page 12
THKPAROCHtAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF
STJAMFS SlttRLEY, soirrHAMPTON
FOR THE YEAR ENDED
31 DECEMBER 2022
Unrestrieted Restricted
Funds
Funds
Totsl Funds
2022
2021
Notss
COME
Donations and legacies
ChaTitable activiti&9
Other income
260,675
260,675 261.315
13,468
13,468
10.910
2,052 433,037 435,089
15
TOTAL INCOME
276.J95 433.037 709232 272240
EXPENDITURE
Charitable activities
284,283
284.283 267203
TOTAL EXPEIYDTTURE
284283
284,283 267203
NET INCOME FOR THE YEAR
(8,088) 433,037 424,949
5,037
NET MOVEME￿ IN FUNDS
FOR THE YEAR
(8,088) 433.037 424,949
5,037
RECONCILIATION OF FUNDS
Total Funds Brought Forward
269,751
269.751 264,714
Totsl Funds Carried Forward
£261,663 £433,037 £694.700 £269,751
The Statement of Financial Activities includes all gains and Iosxs reco￿]sed in the year.
All income and expenditure derives from cothinuing activities.
The notss on pages 14 to 24 forni part of these Fitianelal Statements

Page 13
AS AT31 DECEMBER2022
2022
2021
Not¢¥
FIXED ASSETS
Tangible fixed assets
104.084
104J77
TOTAL FIXED A&SETS
104.084
104.377
CURRE￿ A&SETS
Debtors
457256
151.144
10570
16&775
10
608.400
179.345
Creditors: Amounts falling due within
on¢ year
11
17,784
13,971
590.616
165,374
LIABILrriESThET ASSETS
13
£694.7fJ)
£269,751
14
Unrestricfyj income funds
Restricted fimds
261.663
433.037
269,751
£694,7C
£269,751
Approved by the trnstees OD 11 Ap￿ 2023 and signed on their belmlf by:
M GRAY
The notu on page$ 14 to 24 fonD P*rt of these StstemeDts

Page 14
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
ST JAMES, SHIRLEY, SOtrniAMFTON
IYOTES TO THE FINANCIAL STATEMENTS
FOR THE YEARENDED
31 DECEMBER 2022
ACCOUNTING POLICIES
The prAncipal accounling policies adoptr¢ judgements and key sources of ¢slimation unc¢rtsinty
in the preparation of the Financial Statements are as follows:
(a) Basts of Preparation
The PCC is a public benefit entity within the meaning of FRS 102.
The Financial Statements have been prepared in accordance with Accounting and
Reporting by Charities: Statetnent of Recommended Practice applicable to Charities
preparing their Financial Statements in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015) -
{Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and
Republic of treland (FRS 102) and the Church Accounting Regulations 2006.
The Financial Statements have been prepared under the historical cost convention except
for the valuation of investment assets which are shown at market value wh¢r¢ appli¢ablc.
Th¢ Financial Statements include all transactxons. assets and liabilities for which the PCC
is responsible in law.
They do not include the Financial Ststements of Church groups that owe their main
affiliation to anoth¢r body, nor those that are infonn81 gatherings of Church member&
The Financial Statements are prepared in sterlin& which is the fi￿ctional currency of the
PCC. Mon¢tary amounts arc rounded to the n￿¢st £.
(b) Ineome Reeognfitlon Pollcies
This section describes how the PCC wll ￿lUnt for money and other assets received by
them. The main headings the accounting groups to comply with the requirements of the
SOFA.
(i) Donations and L¢
Grants and donatio￿8 are recwised when any p￿cOndItiOnS preventing their use
have been meL
Arnounts promised under Gift Aid are reco￿)18ed only when honoured by the donor.
tncome recoverdble on Gift Aid donations is re¢ognis&l when the donation is
recognised
Funds raised by Parish events are accounted for gro&

Page 15
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF
NOTES TOTHE FINAIYCIAL STATEMENTS
(coiYrINUED)
FOR THE YEAR ENDED
31 DECEMBER 2022
ACCOUNTllYG POLICIES (c0￿￿NuED)
(b) Income Reeognltlon Polkles (Conthiued)
(i) Donatio
(Continual)
Donated services and facilities are in¢luded at the value to the PCC wI￿e this can
be quantified. Th¢ value of services provided by voluntsers h&$ not been included
in these Financial Statements.
Legacies to th¢ PCC are accounted for as soon as th¢ PCC is notified of its legal
entitlemenL the amount due is quantifiable and its ultimate receipt by the PCC is
nably ¢¢rtain,
(li)
come from Charitsble Acti
PS￿hla1 fe¢s due to the PCC for wedding& funernjs and otheractivities are a¢counted
for on an event by event basis.
Income from sales of books, magazines, Traidcraft goods and all other items are
accounted for 8ross.
Rentsl income from the letting of Church premises is a¢eounted for when earned.
(iii) Investment Income
Interest is accounted for when du¢. Tax recoverable on such income is accrued on the
sam¢ basis.
ther lD¢O
Other ordinary income will be accounted for as soon &8 the PCC is advised of its
entitlement and the likely sum due.
(c) ExpeDditure
Expenditure is recognised on an acCn￿lS basis where there is a legal or constructive
obligation and settlement is probable and quantifiable. Expenditure includes VAT as the
PCC is not VAT registered and is reported as part of the expenditure to which it relates.
(i)
'tsbl A¢tivi
es
Grgnts and donations are accounted for when paid or when promised under a fonnal
agreement. Unpaid grants and donations vlill be shown as a Crcditor in the Balance

Page 16
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIAsficAL PARISH OF
NOTLS TO THE FINANCIAL sfATEMENrs
(CONtINUED)
FOR THE YEAR EI¥DED
31 DECEMBER2022
ACCOUNTING POLICILS (CONTINUED)
(c) Expenditure (Continuul)
(i) Charitable Activities (Continu￿)
The Diocesan Common Mi&8ion Fund is account&l for ￿en payabl¢ and any share
unpaid at 31 Decem1￿ is shown &8 a ￿￿litOr in the Balance SheeL
Rent due on faciliti￿ is aLrounted for when the facility is usal and any rent unpaid at
31 December is shown &s a crnlitor in the Bgjance She
All othercosts are accowited for when due and any UDpaid at 31 Decemberare shown
as a creditor in the Balance SheeL
rt Costs
Supp)rt costs include ¢￿ts81 fillKtions a￿1 been al1(￿t￿l kn activity cost
(lll)
These include those eo&s with rneeti￿ the statutory requirements of the
pcc.
(d) ￿ed A&8ets
(i) CoL8ecTth IAnd a￿1 Buil '
and Movable (Thurch Furni
co￿￿ated and EKneficaa PfOF¢rty is excluded from the ststutory definition of
'dwity' by s¢¢tiODS IIX2Xa) a]Ml (c) of the ChaTities Aet 2011.
No Val￿ is placed on movable churth fiunishiw held by the church wardens on
ial tnLSt for the PCC and which require a facthty for disposal since the PCC
co￿lderS this to i￿ an inalienable proFfrty. All expenditure incurred during th¢ yegr
on cO￿￿rated or beneficed buildAngs and moveable church furnishing4 thether
(li) Other LAnd and Buil '
Other land and buildings held on behalf of the PCC for its p￿r￿SeS is valued at
cost or market value. No depreciation is charged against such properties but any
(iii) OtherFixtillr5 Fi '
aThl Office
ent
Equipment pU￿h￿sed or donated to the church is depreciated on a straight line basis
over four year& Individual it¢llL8 of ¢quipm¢nt with apurchase prirx of£l,000 or less

Page 17
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
ST JAME& SHIRLEY, soufHAMvfoN
NOTES TO THE FINANCIAL sfATEMENtS
(CONfiNIJED)
FOR THE YEARENDED
31 DECEMBER2022
ACCOU￿ING POLICIES (coNfiNUED)
(e) Debtors
Amounts owing to the PCC at 31 December in respect of fees, rents or other income are
shown &8 debtors less any provision for amounts that may prove uncouectable.
(fj Casb at Bank
Short temi deposits include c&8h held on deposit * th¢ bank.
(g) Creditors And PrOV￿lOn$
Creditors and provisions are rewgnised wh¢r¢ the PCC has a present obligation resulting
from a p&st event that will probably result in the transfer of funds to a third paty and the
amount du¢ to s¢ttle the obligation Can be mwured or estimated r¢liably.
(h) Taxation
The PCC is exempt from tsxation on its charitsble &tiviti
(i) Fund Aeeounting
Unrestricted Funds represent the funds of the PCC that are not subject lo any restrictions
regarding their use and are available for application on the general purposes of the PCC.
Restiicted Funds ate those funds that must be spent on restricted purposes. AU oth¢rmoney
and assets are part of the Unrestricted Fund& Th¢ puryw of any Restiicted Funds is noted
in the Financial Statemen
O) Finaneial InJtrumeDts
Th¢ PCC only has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basi¢ financial instrum¢nts ar¢ initially recogDised at transaction
value and subsequently measured at their settlement value.
(k) Significant Judgements and Estimates
Preparation of the Financial Statem¢nts may require the trustees to make significant
judgements and estimates. There are no items in the Financial Statements where
judgements and estimates would have a significant effect on amounts recognised in the
Financial Statements.

Page 18
(CONfINUED)
31 DECEMBER 2022
DONATIONS AND LEGACILS
Unrestricted Total Funds
2022
2021
Planned giving
Collectlons. nornal service
Envelop
Donations
Other giving
Legacies
T&x recoveted: Gift Aid
2(K),787 200,787 208.645
3217
3217
3.396
1.880
1.880
3.080
3.4&)
581
2275
1.105
2.275
49.056
49,056
44,508
£260.675 £260,675 £261.315
In 2021 the inec￿e fitsm thnati0￿$ and legacies of £261 J15 was unrestrict¢iL
There were no donated SeThI￿ and ￿1]itieS ￿CeIVable ￿l¢b could be qUa￿lfi￿ in the year
{2021- none).
un￿strIctrAI Totsl Funds
FuDds
2022
2021
2.900
9210
835
523
R¢nt. Parish Hall
9210
835
523
4,386
1.365
95
Sales
£13.468 £13.468 £10,910
In 2021 the income from charilable activities of £10.910 was unrcstricte4L

Page 19
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIAsfIcALPARISH OF
sr JAMES, SHIRLEY, sO￿HAmPTON
NOTLS TO THE FINANCIAL STATEMENTS
(CONTINUED)
FOR THE YEAR ENDED
31 DECEMBER 2022
OTHERINCOME
Unrestricted Restricted Total Funds
Funds
Funds
2022
2021
70
1.982
70
1,982
433,037 433,037
15
Other
Sate of St John's Church Building (Nok 16)
£1052 £433,037 £435,089
£15
ANALYSIS OF EXPENDrruRE ON CHARITABLE AcrIvrriES
Chureh
Total FuDds
Aetrvllfies 2022
2021
Donations. UK and overseas Missions
School hir¢
13,047
701
6,510
13.047
14,520
701
124
6,510
4,364
4.944
5,372
25J80
22,192
1,905
3,573
86,020 102,000
73307
55,342
Maint¢nance
Music and worship
Diocesan Common Mission Fund
Non.administrative staff salary
25J80
1,905
86,020
73,307
F111
stafflw0￿ers and visitord expenses
3,739
1,383
12,581
14,212
1,607
1,975
292
35.830
850
3,739
lJ83
12581
14212
1,607
1,975
292
35,830
850
2,184
2,496
7,567
9.238
1,414
2,423
292
33252
850
Utilities
Youth and other events
Printing and copying
Fee expenses
Deprxiation
SupFK)rt costs
£284283 £284283 £267203
In 2022 the expenditure on charitable activities of £284283 was UDffstrict&l (2021- £267203
was unrestricted).

Page 20
THE PAROCHtAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
sTJAm￿ SHIRLEY, SOIITHAMPTON
NOTESTO THE FINANCIAL STATEMENTS
(CONTINUED)
FOR THE YEAR ENDED
31 DECEMBER2022
ANALYSIS OF SUPPORT AND GOVERNANCE COSTS
The PCC identifies the costs of its support fimction. It then identifies those costs which relate
to the governance function. The PCC allocates the support and governance costs entirely to
the unrestrict¢d ¢xpenditure (not¢ 5).
General
Support GovernaDce
Total
Basis of
Funds ApportiODmeDt
Athninistrator's costs
Office costs
Professional costs
31,543
4287
31,543
4,287
850
Usage
Usage
Governance
850
£35,830
£850
£36,680
ANALYSIS OF STAFFCOSTS AND TRUSTEES? REMUNERATION
AND EXPENSES
2022
2021
Salaries and wages
Pension costs
95,039
7,398
77.578
5,911
£102,437 £83,489
Th¢ average numkr of employees during the year was 4 (2021- 3).
No employee received emoluments in excess of £60,000 (2021- none).
No payments or expenses were paid to any truw persons Closely connected to th¢m or related
parties, apart fn)m:
2022
2021
Reverend D Clark
Reverend L Phillips
Reverend G Condell
983
274
478
£1,557

Page 21
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsfIcAL PARISH OF
STJAME& SHIRLEY, SOtrrHAMPTON
NOTESTOTHE FINANCIAL STATEMENTS
(CONfINUED)
FOR THE YEAR EI¥DED
31 DECEMBER 21)22
TANGIBLE FIXED ASSETS
133 Church Par&8h
Street
Hall Equipment Total
Cost
At l January 2022
Additions
Dlsposals
48,500
55,000
8,197 111,697
At 31 December 2022
48,500
55,(K)O
8,197 111,697
Depreclatlon
At l January 2022
Charge for the year
Elirni￿ on disposal
7J20
293
7,320
293
At 31 December 2022
7,613
7,613
Net Book Values
At 31 December 2022
£48,500 £55.000
£584 £104,084
At 3 l D¢¢¢mber 2021
£48,500 £55,000
£877 £104,377
The Parish Hall was valued at £55,OIX> during the year to 31 DecemEer1997. This value h&8 been
inc1￿led in these Financial Statements for the year ended 31 December 2022.
DEFTORS
2022
2021
Other debtots
Prepayments
Money held by Diocese
24,129
10,482
88
433,037
£457,256 £10,570

Page 22
{cowr￿JEDj
FOR THE YEAR EfADED
31 DECEMBER2022
10. CASH AT BANK AND IN HAIYD
2021
Bonk cumt account
Bank savings account
Cash in hand
70,818
80.055
271
88,708
80.015
52
£151,144 £168,775
I I. cRED￿ORS. Amounts falling due withln one year
2022
2021
Other cr&litors and accruals
PAIE and NIC
15,945
1.839
12.008
1.963
£17,784 £13.971
12. FINANCIAL INSTRUMENrs
Financial instruments measuted at amortis¢d ￿st comprise th¢ following:
2022
2021
Financial liabilities that ar¢ debt instruments
15.945
12,008

Page 23
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PAIUSH OF
NOTES TO THE FINANCIAL STATEMENTS
{CONT￿lED)
FOR THE YEAR EI¥DED
31 DECEMBER 2022
13. ANALYSIS OF NET ASSETS BffWEEN FUNDS
2022
Unrestri¢ted Rutricted Total
Funds
Funds
Funds
2021
Total
Funds
Fixed &
Current &S5ets
cU￿ent liabilities
104,084
104.084 104,377
175.363 433.037 608,400 179,345
(17,784)
(17,784) (13,971)
£261,663 £433,037 £694,700 £269,751
14. ANALYSIS OF CHARITABLE FUNDS
At
Incoming Outgoing
At
01.0121 Resources Resourees 31.1222
Anatysis of Movements '
Unrestrleted Funds
General Fund
269.751 276.195 284,283 261,663
Total Unr¢stri¢ted Funds
269,751 276,195 284283 261.663
Restrieted Fullds
PaTish fimd
433,037
433,037
Total Restricted Funds
433,037
433.037
Total FuDds
£269,751 £709,232 £284283 £694.700
Unrestrietsd Funds ￿MpriSe those g¢neral funds which the PCC is free lo use in accordance
with the ¢harifable objects.
Restricted Fundj are fimds which have been given for particular purposes and projects.
Parbh Fund - The PCC h&8 one restricted fimd arising from the sale of St John's Church
Buildings. The fund is restricted to use locally within the parish of St Jame4 Shirley,
Southampto

Page24 

# THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES, SIIlRLEY, SOU ON 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 DECEMBER 2022 

## 15. DONATIONS OVER £500 

The following people/groups were allocated with donations in the year: 

Enable Busoga £2,044 CMS £4,000 SCRATCH £4,002 A Rocha £1,500 Diocese of Hyderabad £1,002 

Money for these agencies outside the parish was collected from the congregation and wholly paid directly to them during 2022. 

## 16. POST BALANCE SH T ITEMS 

In the year to 31 December 2022, the PCC sold the St John's Church building for a total of £548,148. Of this, 79% was receivable by the PCC, which was £433,037 and this is included as income in the accounts. 

The remaining 21 % (£115,111) of the proceeds was subject to a reverter clause back to the donor when the money was gifted to the PCC origina y to buy the property. This portion is subject to clarification and has not been recognised as income in the accounts. The money is currently held by the Diocese of Winchester. 

There were no other post Balance Sheet items to note (2021 - £nil).