ALL HALLOWS BISPHAM FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31ST DECEMBER 2023 CHARITh NO: 1130895 CROSSLEY & DAVIS Chartered Accountants Ground Floor Seneca House Links Point Amyjohnson Wav Blackpool FY4 2FF
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS, BISPHAM TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023 The Trustees present their report together with the financial statements of the Charity for the year ended 31, Oecember 2023. Financial statements have been prepared in accordance with the accounting policies set oul in note l and comply with the Charity's Trust Deed and applicable law. Bispham All Hallows PCC is registered with the Charity Commission and has the responsibility of co-operating with the incumbent in promoting the whole mission of the church, pastoral. evangelistic, social and ecumenical. The Diocesan Vision 2026.. 'Making Disciples, Being Witnesses, Growing Leaders and Inspiring children and Young people" underpin our vision and aims, which are summarised in "Making Jesus known - in Bispham and beyond" The Trustee5 confirm that they have complied with the duty in section four of the Charities Act 2006 to have due regard to guidance published by the Charity Commission. ADMINISTRATIVE INFORMATION Registered Charity name-. The Parochial Church Council of the Ecclesiastical Parish of Bispham Charity registration number.. 1130895 Principal Address: Parish Office 88A All Hallows Road Blackpool FY2 OAY Incumbent: (From 16, June 20211 RevJWSLee 88 All Hallows Road Blackpool FY2 OAY Bankers to the PCC: National Westminster Bank plc PO Box No. I Corporation Street Blackpool FYI IEL Independent Examiner.. Peter Swarbrick B Sc (Honsl, FCA Crossley & Davis Chartered Accounlanls Ground Floor, Seneca House Links Point, Amy johnson Way Blackpool FY4 2FF
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS. BISPHAM TRUSTEES ANNUAL REPORT ICONTINUEDI FOR THE YEAR ENDED 31ST DECEMBER 2023 THE TRUSTEES Members (Trustees) of the PCC are either ex-officio or elected by the Annual Parochial Church Meeting IAPCMI in accordance with the Church Representation Rules. During the year the following served as members of the PCC: {' denotes ex-officio membersl Rector Associate Minister Rev Jonathon W S Lee (Chairman) th (until 29 January 20231 Rev Jim Crawford Mrs D Dennett Licensed Lay Ministers Mrs G Hibbert Mrs A Rilev Mr K Stevenson Mrs L Whitworth Churchwardens Miss M A Cook (Vice Chairman) Mrsj Carter * Treasurer Mrs L Reid Secretary Mrs D Dennett Representatlve on the Diocesan Synod Iterm ending 2024) Mrs D Dennett Mrs A Rilev * Representatives on the Deanery Synod {term ending 2026) Mrs D Dennett Mrs A Riley MrPKay Mr M Ormond th (From 11 December 20231 (From Ilth December 20231 Elected ordinary members Term ending 2024 Term ending 2025 Term Ending 2026 Mrs Janet Pendlebury Mr Martin Ormond Dr David Cooper Mr Will Hulme Mr Frank Hobbs Mrsjulie Holden Mr Paul Kay STRUCTURE GOVERNANCE AND MANAGEMENT The method of appointment of PCC members 15 set out in the Church Representation Rules. The PCC has accepted and èndorsed the principles in the Diocesan Safeguarding Policy Statement which is reviewed annually. All church attendees are encouraEed to register on the Electoral Roll.
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS, BISPHAM TRUSTEES ANNUAL REPORT ICONTINUEDI FOR THE YEAR ENDED 31ST DECEMBER 2023 A resolution thal the number of lay representatives elected to the PCC be 913 per yearl was carried nem con at the APCM in 2022, to take effect from the ACPM 2023. During the year there were 6 PCC meetings and 3 Standing Committee meetings. Many items were discussed and decisions taken, these included.. PCCS re5por15e to General Synod's decisions about Prayer of Love and Faith and how these may affect the direction of the Church of England; Chan2es to the chancel area Advertising for a full time church worker Nurturing a faith sharing culture ACHIEVEMENT AND PERFORMANCE CHURCH AThENDANCE Average Sunday attendance IseNices at 9.00am and 10.30am, adult5 and childrenl- 98 Average Thursday attendance (service of Holy communion at 11.OOaml - 19 Review of the year This review of 2023 aims tD give an overview of general church activity. Aspects relating to the care of the church building and the halls and those relating to financial matters are covered in the separate reports which follow. We give thanks to our faithful God for his corbtinued providence during 2023. Under the leadership of Rector Jonny Lee the church family is growing in the love and knowledge of our Lord Jesus Christ. Associate Minister, Rev Jim Crawford retired at the end of January but later in the year he was granted Permission to Officiate and together with Canon Jim Rushton and Rev Nick Bralesford we are blessed and give thanks for their ministry in retirement. Nurturin faith and disci le5hi Monthly prayer meetings, held in the morning and evening have continued, as we hold our mission partners, the wider church and our Church family in prayer. The 3-2-1 course is regularly run by Jonny and Katrina for baptism preparation and to entourage enquirer to find out more about "God. the World and You" Weekly Homegroups offer a time of deeper bible study, prayer and fellowship. Mission and outreach Reaching out with the gospel message is a priority which is reflected in the mission statement.. 'Making Jesus known- in Bispham and beyond." The Rector's weekly update is sent by email to a large contact list. The sermon from the 10.30am service is available on Youtube and Facebook. Messy Church continues to attract good numbers of families with an average of 50-60 children attending events in April, October and December 2023. Gospel teaching is presented in a lively and engaging way and a team of volunteers prepare and help the children with an imaginative and creative range of activities. Each Messy Church finishes with a simple hot meal at no charge which is enjoyed and appreciated. Community events.. A highlight of 2023 wos the coronation of King Charle5. To celebrate this major national event, we held a Coronation Big Lunch. We were delighted ihat people of all ages, and many families came together to enjoy an afternoon of games. activities and food. There was live music from Bispham Silver Band and the All Hallow5 Music Group.
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS, BISPHAM TRUSTEES ANNUAL REPORT ICONTINUEDI FOR THE YEAR ENDED 31ST DECEMBER 2023 The Bishop of Blackburn, Philip North gave a lively message which reminded u5 that Jesus is the King of l(ings. He also presented the prizes for the All Hallows Creative Competition. In July, as parl of a Deanery wide mission week, the Message Trust had taken their activity bus to a number of primary schools, including 8ispham Endowed. We also organised a Family Fun Afternoon with a BBQ which, like all these events Was only made possible through the help of a great team of volunteers. Huge thanks go to all who gave their time and energy in making these community events so worthwhile in making Jesus known in Bi5pham and beyond. Children and oun eo Toddler group is as busy as ever- we had a massive 60 children signed up for our Christmas party. There are often new faces, but a core of Mum5 and childminders are seen each week. The combination of toys, a brew, a friendly person to chat to, craft5, Storie5 and song5 is designed to introduce young 3nd old guests to our church community and ourgreat bigGodl Young Church has provided school aged children stories, teaching, craft, challenges and prayers suitable for their development. We've looked at variou5 bit5 of the Bible including the Gospels. P5alm5, Eli5ha and Joshua and a series looking at our identity in Jesus. A faithful team of leaders serve our kids regularlv. Youth Group has remained a steady 8 young people turning up for plenty of games, chocolate, prayer and digging into the Bible. The No More Knives program in Blackpool gave a chance to engage with young people from Monty and other schools. Katrina Lee Linda Whitworth Social and Fellowshi Grou Ladies, Ministry team arranged foijr events during the year beginning with an Afternoon Tea in March. Question time was open to men and women. Hot food was provided and a panel answered a wide range of question5 about God, belief and living a Christian life. In September there was a Ladies Breakfast and the year finished with a lovely evening when 50 ladies made Christmas Rag Wreaths and enjoyed listening to a Christian talk from Linda Whitworth. Afternoon fellowship meet on Tuesday afternoons, we prepare 3 light lunch for around 20 people at 12.30 after which hymns, readings and prayers for 15 minutes then entertainment, usually a DVD shown followed by tea and cakes, closing around 3pm. We charge £2 for lunch and entertaining and El for those attending at 1.30 for the entertainment. Over the last year we have given £230 to the Maintenance Team for eqyipment and approximately £900 to church funds for heat and light. We pay £50 for a visit from the Blackpool Male Voice Choir to entertain each year just before breaking for Christmas. Jacaranda cafe- Testimony Faith Home. The past year saw Jacaranda Cafe still operating in The Barn every Thursday. We see regular visitors each week but also a few people new people come a few times and ihen some become regulars. At times we needed to call on people to help and we have been assisted by a number of volunteers who help in the kitchen or waiting on and taking orders. This has been greatly appreciated. We are grateful for those who help and support in any way. We hosted two special events. The first was an 'afternoon tea, celebrating King Charles, ioronation where many people enjoyed the food and company plu5 a talk by Jonny, our rector.
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS. BISPHAM TRUSTEES ANNUAL REPORT ICONTINUEDI FOR THE YEAR ENDED 31ST DECEMBER 2023 The second event was our annual carol Service on the afternoon of the last cafe before Christmas. This was led by Jonny and our silver band. Another full house I Through the cafe and the donations, we have sent via the AENON Trust, over £13.000 to the children's homes in Kenya in the last year. This is an amazing amount and we have received letter5 of appreciation from john Green at TFH who acknowledges the love and support of All Hallows, Church and God's continuing providence. Will Hulme, on behalf of the Jacaranda Team Craft n chatter has been operating on a Friday Since September 2014. Starting with once a month and increased k)v demand to every other week. We currently have 12 - 15 regular people attending but can have up to 20. We start with a thought for the day and then undertake variou5 Crafts with lots of Chatter. We celebrate Easter and Christmas and invite the members to Church and various events throughout the year including Lent Lunches, Ladies EveninES, Concerts and Coffee Mornings etc. A number of our members also visit Jacaranda each week. Jannis Nixon Pastoral Care Making Jesu5 known is at the heart of our church life and 15 demonstrated through the pastoral work in the parish by drawing alongside, listening, and caring. Home Communions are arranged for those who can no longer attend church services and DVDS of the 9am service are delivered to a number of the housebound. We are blessed by the ministry of the clergy through their faithful proclamation of God's word, administration of the sacraments, conductinE weddings. funerals. and baptisms and in their pastoral care. The supporting ministry of LLMS, Bereavement Support and Pastoral Team is also greatly valued. Pastoral Team's Mlnlstry The pastoral team consists of Jonny, Will, Anne and myself. We meet once a month to discuss visits in the past month and future ones needed. We use the prayer list as a guide for h05Pltal visits ènd those recovering from operations for example. We are only able to follow up congregation members due to there being just four of vs in a large and elderly parish. We also visit past members now unable to attend as housebound or in nursing homes. It 15 a privilege to be used in this ministry to visit, pray, taxi to hospital appointments etc. Please pray for strength and wisdom for us as we try to be God's ambassadors in this role. Denise Ormond Once again the PCC extends its grateful thanks to those who give so generously of their time to help with the upkeep of the Church both inside 3nd outside.. the Holy Dusters. Flower Arrangers and Maintenance Team. who all make a huge contribution to the life of our church. The teams of welcomers and Sidespeople continue to show the warm and friendly face of the church when greeting regular worshippers, new members, visitors, and those attending baptism services. We give thanks to God for every spiritual blessing in Christ as we go forward in his strength and under his protection to proclaim our mission of "Making Je5U5 Known" in every area of church life at Bispham and beyond in 2024. Diane Dennett PCC Secretary
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS, BISPHAM TRUSTEES ANNUAL REPORT ICONTINUEDI FOR THE YEAR ENDED 31ST DECEMBER 2023 CHURCHWARDENS, FABRIC REPORT We had the Quinquennial visit this year, and a report has been submitted by Steve Fish, Architect from the Diocese who found the church to be in good order. We are continuing lo address issues raised according to prioyitv. We hopefully have solved the problem of water ingress in the Vestry following visits and advice from builders who have suggested that pointing of the coping stones on top of the vestry roof would solve the problem. We hope to do thi5 work in-house when the weather improves. STABLE In-house work on the roof to replace the broken tiles appear to have resolved the damp patches. BARN A new thermostat has been installed and this has helped with the heating of the Barn and hopefully this will be more efficient as the temperature can now be set. 89 ASHFIELD ROAD Following the retirement of Rev Jim Crawford at the end of january 2023, the property became vacant, and the PCC decided to let it on a short term tenancy. The property was occupied from June but various issues regarding the tenancy arose toward5 the end of the year, and these are currently being addressed. CHURCHYARDS The Church graveyard and Graveyard C are being well maintained by Ja50n and Anthony but following cuts we have had to make, from 2024 Jason will be taking on the job of both graveyards. Nathan, our Sexton, and Garry have been overseeing the cutting of the boundary hedge and tidying up graveyard C. Some trees need pruning, and we have to seek permission from Blackpool Council in order for this work to be carried ovt. Our grateful thank5 go out to everyone who have been involved in the smooth running of our church over this past year and to those who give of their time to our many church organisations. M Ann Cook & Jane Carter Churchwardens Electoral Roll Report At the APCM held on 24, April 2023 the Electoral Roll consisted of 192 members. 125 Resident in the Parish, 66 Non- Resident and l Non-Anglican. As of December 2023. the Electoral Roll consisted of 189 members. 122 Resident in the Parish. 66 Non-Resident and I Non-Anglicon. Jannis Nixon Electoral Roll Office
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS, BISPHAM TRUSTEES ANNUAL REPORT ICONTINUEDI FOR THE YEAR ENDED 31ST DECEMBER 2023 Deanery Synod Report Three Deanery Synods were held durirbg 2023, in March, July and November. The March synod, held at St Christopherfs Haweside focLJsed on planning for the Deanery wide mission in July- 'Love where you live" The July synod at St Thomas's wa5 mainly a Social event but also saw the election, for a 3 year term of office, of lay chair. secretary, treasurer and standing committee members. In September, Deanery Synod members were saddened by the sudden death of Rita Templeton who had been the treasurer for many years. In November, Bishop Philip, in his new role as diocesan bishop addressed Synod at All Hallows. He said that.. Churches should grow,. Churches should be fruitful, and Churches should be managed. He spoke about the challenges of being a Christian in today's society. The difficulty of adapting to new ideas and how to open up the gospel in a fast-changing culture. He also asked the Deanery to consider how best to create circumstances where growth is p055ible, and God can grow within the congregation. Diane Dennett Lay Chair, Blackpool Deanery Financial review 2023 has been a year of familiarising ourselves with the My Fund Accounting System and at the same time dealing with many changes in our finances. It has been necessary to gain a more in-depth insight into the accounting system to enable us to input the less familiar changes which have occurred throughout the year. Following the deficit of last year and the general increase in the costs of running Bispham All Hallows, a finante subcommittee was Set up to look at income generation and cost reduction. The following have been implemented- SALE OF ENDOWMENTS The Diocese approved the sale of 21 endowments which were earmarked for purpose and sold to the value of £22,200. This money has been allocated to four fund5 $0 It can be used primarily to maintain the Church and Churchyard. Relieving the pressure on our General Fund which is required for the day to day running of the church. INVESTMENT OF FUNDS Transfer of £27.500 of restricted money transferred to a Deposit Account (held at the Diocese). This accourbt is currently earning 5.2% interest which is paid into our General Fund. REDUCTION OF SALARIES Salaries were negotiated with staff and agreed. Hours reduced by 25%. CHURCH YARD MAINTENANCE Starting from the 2024 season, the grass cutting in the Churchyard5 will be redLJced. This will ensure a lesser number of days work is required yet still maintaining an aesthetically pleasing area. This will result in saving on Churchyard Maintenance costs. A letter was also sent to current relatives of deceased in our churchyard asking for financial help for the upkeep of the grave5. GRANTS RECEIVED Blackpool Borough Council - £3,649- Electronic keyboard Benefact Trust - £15,600- Community Youth Worker Bispham PaTish Mission Raising funds to 5UPPOrt Community Youth Worker APPEALS Harvest Gift Day Appeal- achieved £11,7901 including gift aid. DIOCESE PARISH SHARE A meeting with the Diocese concluded in a £5,000 reduction of our Parish Share for 2023 and a recalculation of our R W A which a150 was to our benefit, amounting to £4,200.
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS, BISPHAM TRUSTEES ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2023 Finally, as previously stated it has been a difficult and somewhat complicated year financially but due to the dedication of a great team of voluntary staff and through prayer and God's help, we are now on the path to manage our finances in 2024. Reserves policy: It is the policy of this church to hold in reserve approximately three month5 running costs and one month Salary costs io cover unforeseen emergencies. It is also the policy of this church that on receipt of unrestricted legaties a percentage will be given to Bispham Parish Mission to further Mission opportunities within the Parish and they are thanked for their continued support. RESPONSIBILITIES OF THE TRUSTEES The Trustees are required by the Charities Act 2006 and the Statements of Recommended Practice for Charities to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare financial statements in accordance with United Kingdom Generally Accepted Accounting Practice Iunited Kingdom Accounting Standards and applicable lawl- The financial statements are required by law to give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that per0d. In preparing these financial statements, the trustees are required to: Select suitable accountinE policies and then apply them consistentlv,. Make judgements and estimates that are reasonable and prudent; State whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements,. Prepare the financial statements on the going concern basis unless It is inappropriate to presume that the Charity will not continue in operation. The Trustees are responsible for keeping accountancy record5 which disclose with reasonable accuracy at any time the financial posltion of the Charity and enable them to ensure that the financial statements comply with the Charities Acl 2006. The Trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware'.- There is no relevant information of which the Charity'5 independent examiner is unaware,. and The Trustees have laken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the independent examiner is aware of that information. Approved by the Parochial Church Council on.. Po,, 9014 and signed on its behalf bv.. Rev Jonny Lee (Chairman) Mrs Lynn Reid (Treasurer)
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS, BISPHAM STATEMENT OF FINANCIAL ACTIVITIE5 FOR YHE YEAR ENDED 31sr DECEMBER 2023 Unrestricted Funds RestrictÈd Funds Endt)wMent Funds Total 20Z3 Total 202Z Notes INCOME AND ENDOWMENTS Donations, legacies and similar incoming resources Income from actlvities in furtherance of Counci15 objectives Investment income Other incoming resources 2a 131.725 25.486 157.211 100,491 2b 2c 2d 17,559 1,816 6,881 17,559 10,034 6,881 32,276 4,305 7,200 8.218 TOTAL INCOME AND ENDOWMENTS 157 981 191,68J EXPENDITURE Grants and donatlons Activities dirèttly relating to the work of the church Church management and administration 3a 7,300 7,300 10.871 3b 3c 124,856 4,940 10,560 864 135,416 153,320 5,804 5,343 TOTAL EXPENDITURE 424 148 520 169 534 NET FUND TRANSFERS 144,7801 36,527 8,253 NETIOUTGOINGIIINCOMING RESOURCES 20,885 14.062 8,218 43,165 125.2621 GAINS AND LOSSESON INVESTMENTS RÈalised Unrealised- Investments Freehold land and buildings Depreclation - Freehold land and buildings Fixlures arhd fitlings 6,042 6,042 117,8471 120,9201 11,9331 120,9201 120,9201 11,9331 11941 NET MOVEMENT IN FUNDS 140,7061 50,589 16,471 26,354 164,2231 Balance brought foiward at 1st January 2023 793,484 6,770 88,976 889.230 953,453 Balance carried forward at 31st December 2023 752 778 105 447 915.JB Y89 230
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS, BISPHAM BALANCE SHEET AS AT 31ST DECEMBER 2023 Notes 2023 2022 FIXED ASSETS T3n8ible fixed a55ets Investment assets 4a 4b 644,572 134,837 663,726 145,726 779,409 809,452 CURRENT ASSETS Debtors and prepayments Short term deposits Cash at bankand in hand 7,931 36,917 103.961 4,937 30,417 57,117 148,809 92,471 CURRENT LIABILITIES Accruals and deferred income 12,634 12,693 NET CURRENT ASSETS 136,175 79,778 NET ASSETS 915 584 889 230 FUNDS Unrestricted Restricted Endowment 752,778 57,359 105,447 793,484 6,770 88,976 915 584 889 230 For the year ended 31st December 2021, the PCC consider that the audit requirement of the Church Accounting Regulations 20061.the Regulation5"1 and Section 145 of the Charities Act, 20111"the Act") does not apply and that an independent examination is needed. No members have required the PCC to obtain an audit of its accounts for the year in question. The PCC acknowledge their responsibility for complying with the requirements of the Act and Regulations with respect to accounting records and the preparation of the account5. Approved by the Parochial Church Council on I I APoi L 2014 and signed on its behalf bv-. Rev Jonny Lee (Chairman} Mrs Lynn fteld ITrea5urerl The attached notes on pages 11 to 17 form part of these accounts -io-
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS, BISPHAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 ACCOUNTING POLICIE5 The financial statements have been prepared in accordance with The Charities Act 2011, Church Accounting Regulations 2006 together with applicable accounting standards and Financial Reporting Standard 102. The financial statements have been prepared under the hislorical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements inclucle all transactions, assets and liabilitie5 for which the PCC is responsible in law. They do not include the accounts of informal gatherings of church members. FUNDS Endowment funds are funds, the capital of which must be maintained,. only income arising from investment of the endowment may be used either as restricted or unrestricled funds depending upon ihe purpose for which the endowment was established. Restricted funds represent lal income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest. and Ibl donations or Erants received for a specific object or invited by the PCC for a specific object. The funds may orbly be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. Unrestricted funds are general funds which can be used for PCC ordinary purposes. INCOME AND ENDOWMENTS Voluntary income and capital sources: Collections are reco8ni5ed when received by or on behalf of the PCC. Planned Eiving receiva ble under Gift Aid is recognised only when received. Income tax recoverable on Gift Aid donations is recognised when the income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of ils legal entitlement, the amount due is quantifiable and it5 ultimate receipt by the PCC is reasonably certain. Funds raised by fete, garden party and similar events are accounted for gross. Sales of book5 and magazine5 from the church bookstall are accounted for gross. Other income: Rental income from the letting of church premises is recognised when the rental is due. Income from investments: Dividends are accounted for when due 3nd payable. Interest entitlemenls are accounted for as they accrue. Tax recoverable on such income 15 recognised in the same accountinE year. Gains and losses on investments: Realised gains or losses are recogni5ed when investments ère sold. Unrealised gains or losses are accounted for on revaluation of investments at 31st December 2023. -li-
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS, BISPHAM NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31ST DECEMBER 2023 EXPENDITURE Grants and donatlons: Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. Activities dirertly relating to the work of the church.. The dioces?n parish share is accounted for when paid. Any parish share unpaid at 31st December is provided for in these accounts as an operational (though not a legall liability and is shown as a creditor in the Balance Sheet. FIXED ASSETS Consecrated property and movable church furnishings: Consecrated and benefice property Is not included in the accounts in accordance with the Charities Act 2011. Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church's Inventory which can be inspected at any reasonable time. For inalienable property acquired prior to 20CM) there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1st January 2000 are capitalised and depreciated in the accounts over their currently anticipated useful economic life on a straight-line basis. All expenditure incurred in the year on consecrated or beneficed building5, individual items under £2,500 or on the repair of movable church furnishings acquired before 1st January 20(K) is written off. Other building5, fixtures, fitting5 and office equipment." Buildings are depreciated on a straight line basis over 50 years. Equipment used within the church premises is depreciated on a straight line basis over 4 years. Individual items of equipment with a purchase price of £2,500 or less are written off when the asset is acquired. Investments.. Investments are valued at the 31st Decembey 2023 per the statements provided by CCLA Investment ManaEement Limited. Current a5sets'. Amounts owinE to the PCC at 315t December in respect of fee5, rent5 or other income are shown as debiors less provision for amounts that may prove uncollectible. Short term dep051t5 include cash held on deposit either with the CBF Church of England Funds or at the bank. -12-
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS, BISPHAM NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31ST DECEMBER 2023 INCOME AND ENDOWMENTS Unrestricted Restricted Funds Funds Endowment Funds Total Donations, legacies and similar incoming resources Planned Giving.. Standing orders & direct debits Recurring grants Non recurrin8 one off grants Income tax recoverable on all gift aid Collections at all services.. Loose plate collections Giving envelopes All donation5. appeals etc. Donations- Maintenar)ce (Designated) Donations Church Hall- Stable Donations Church Hall- Barn Legacies Fund raising events- social committee 37,668 13,027 1,080 39 19,249 727 38,748 13,066 19,249 16,993 16,266 8,914 15,173 19.812 463 2,254 16,160 I,ioo 888 8,914 16,143 23,233 463 2,254 16.160 I,ioo 888 970 3,421 131,725 25,486 157,211 Income from activities in furtherance of Council's objectives Fees for wedding5 and funerals IPCC Feesl Fees for weddings and funerals (Diocese) Columbarium fees 9.199 5,258 3,102 9,199 5,258 3,102 17,559 17,559 Investment income Dividends and interest including any reclaimable tax 1,816 8,218 10,034 1,816 8,218 10,034 Other incoming resources Ashfield Road Rent 6,881 6,881 6,881 6,881 TOTAL INCOME AND ENDOWMENTS 157 981 191685 -13-
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS. BISPHAM NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31ST DECEMBER 2023 EXPENDITURE Unrestricted Restricted Funds Funds Endowment Fund5 Total Grants and donations Designated Erants (Tithel 7,300 7,300 7,300 7,300 Actlvlties directly relating to the work of the hurch Ministry: DioceselParish share Diocese assigned fees Rector's expenses Church house expenses Rectory running expenses Church maintenance and running expenses Church maintenance (Designated) Barn, stable and parish office expenses Wages, training and pension contributions Staff training Upkeep of old churchyard and car park Upkeep of new churchyard Upkeep of churchyards equipment Outreach lincl LICF grant) Sundry/ Miscellaneous Subscriptions, licence and computer costs Support costs Donation5 to Secular Charities Upkeep of services Maintenance of Lychgate (Designated) FLJnd raising expenses 57,336 5,672 622 1,594 4,109 6,156 1,331 10,294 32,897 12 40 516 70 381 2,110 1,237 346 57,336 5,672 622 1,594 4,109 6,156 1,331 10,294 32,897 12 6,947 2,580 125 381 2,210 1,237 1.280 500 io 38 85 6,907 2,064 55 loo 934 500 io 38 85 124,856 10.560 135,416 Church management and admlnistration Printing, posters and stationery Accountancy fees Quinquennial Inspection Report Depreciation of Fixed Assets 656 4,284 656 4,284 864 864 4,940 864 5,804 TOTAL EXPENDITURE 137 096 148 520 -14-
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS. BISPHAM NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2023 FIXED ASSETS FOR USE BYTHE PCC Freehold land and buildings F&F& Plant Church Equipment Total Tangible Fixed Assets ACTUALIDEEMED COST At 1st January 2023 Additions Disposals 1,075,985 4,650 3,699 22,949 1,103.584 3,699 At 31st December2023 1,075,985 8,349 22.949 1,107,283 DEPRECIATION At 1st January 2023 Charge for the year Eliminated on disposal 416,714 20,920 194 1,933 22.949 439,858 22,853 At 31st December 2023 437,635 2,127 22,949 462,711 NET BOOK VALUE At 31st December 2023 638 350 644 572 At 31st December 2022 659 271 663 727 The freehold land and building5 comprise the three church halls1Shippon, Barn, Stable), the church house at 89, Ashfield Road Blackpool and the columbarium wall. The deemed cost value is based on that estimated by the PCC as at 1st December 2015 for insurance purposes,. the estimate of the current value for insurance purposes 15 £15.294,000. On 23, April 2020 the Church Council carried out an exchange of properties with the Blackburn Diocesan Board of Finance Limited. The proceeds of sale were £232.500 for the Church Villa less £135,(K)O being the purchase price of 89 A5hfield Road, Blackpool. The balance of £97,500 les5 allowable expenses was paid rnto the bank account. The purchase cost or acquisition value of the Church Villa cannot be determined and, therefore, no accounting adjustments have been made to the actualldeemed cost of the freehold13nd and buildings to reflect the c051 of disposal. -15-
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS, BISPHAM NOTES TO THE FINANCIALSTATEMENTS ICONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2023 Investment fixed assets Movements in the year-. Market value as al 1st January 2023 Sale proceeds Addition in year Net gainlllossl on annual revaluation 145,726 122,2571 11,368 Market value as at 31st December 2023 134,837 ANALYSIS OF ASSETS BY FUND Unrestricted Funds Restrirted Endowment Funds Funds pcc Total Fixed Asset5 Current Assets Current Liabilities 779,409 148,809 112,634} 698,789 59,760 15,7711 80,620 24,827 779,409 148,809 112,6341 64,222 16,8631 FUND BALANCE 915 584 752 778 105 447 915 584 DEBTORS 2023 2022 Income Tax recoverable Prepayments and accrued interest 7,345 586 4,391 546 SHORT TERM DEP051TS Church deposit fund Endowment Account 27,500 9,417 21,000 9.417 CASH AT BANK AND IN HAND Current Account Number 2 Account 90,886 13,075 26,144 30,973 103 961 -16-
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS, BISPHAM NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31ST DECEMBER 2023 LIABILITIES., AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Creditors Accruals and deferred income 8,073 8,822 io. STAFF COSTS 2023 2022 Gross wages, salaries and pension5 32,897 32,135 During the year, the PCC employed an organist, parish and assistant parish administrator, and Sexton, none of whom earned £60,000 per annum or more. Mrs J Nixon as a trustee to April 2023 was paid a gross salary of £3,408. Apart from the above no other member received any reimbursement of expenses or remuneration. The averagÈ nLimber of slaff employed during the year was 4. -17-
INDEPENDENT EXAMINER'S REPORT TO THE PAROCHIAL CHURCH COUNCIL I'PCC'I. THE TRUSTEES OF ALL HALLOWS. BISPHAM I report on the accounls Of the PCC for the year ended 31st December 2023 set out on page5 11 to 19. Respective responsibilities of the PCC and the examiner The charity's trustees are responsible for the preparation of the accounts. The charity'5 trustees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under Section 145 of the 2011 Acl,. to follow the procedure5 laid down in the general Oirectioris given by the Charity Commission under Section 14515llbl of the 2011 Act, and to state whether particular matter5 have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you a5 trustees 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 accounts present a "true and fair Vie and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination. no matter has come to my attention= which Elves me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with Section 130 of the 2011 Act- and to prepare accounts which accord with the accounting records and comply with the requirements of the 2011 Act, and the Regulations have not been met,. or to which. in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Peter Swarbrick B Sc {Honsl. FCA Cr0551ey & Davis Chartered Accountants Ground Floor Seneca House Link5 Point Amyjohnson Way Blackpool FY4 2FF Date.. Ib APIIL 2014 -18-
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS, 81SPHAM SCHEDULE OF INVESTMENTS AT MARKETVALUATION A5 AT 31ST DECEMBER 2023 ENDOWMENT 2023 2022 General PurFK>Se Parkinson Barlow Parkinson Barlow Church Investment Fund Church Investment Fund Church Deposit Fund Church Deposit FLJnd 114 113 113 114 uNRESTRlED Church and churchyard Malntenante Poste Church of England Central Board of Finance 1986 5h3res in Fixed Interest Securities Church Investment Fund Church Deposit Fund -2776.40 shares 2,723 21.271 4,877 57,364 Poste Poste Mary B Coppock MBE 17,858 62,761 Church Repair Hall Hall Church Investment Fund Church Deposit Fund 1,016 1,016 BALANCE CARRIED FORWARD Thi5 page and the following pages do not form part of the financial statements. -19-
PAROCHIAL CHURCH COUNCIL OF ALL HALLOWS, BISPHAM SCHEDULE OF INVESTMENTS AT MARKET VALUATION AS AT 31ST DECEMBER 2023 2023 2022 BALANCE BROUGHT FORWARD 80,620 88,721 Churchyard Hodgson, Andrews & Mccracken Collinge Coope Inchley Potter Sykes Warren Collinge Coope Inchley Potter Sykes Warren Church Deposit Fund Church Investment Fund Church Investment Fund Church Investment Fund Church Investment Fund Church Investment Fund Church Investment Fund Church Deposit Fund Church Deposit Fund Church Deposit Fund Church Deposit Fund Church Deposit Fund Church Deposit Fund 5,085 150 130 75 300 165 60 150 130 75 3(K) 165 60 ENDOWMENT TOTAL -20-
PAROCHIAL CHURCH COUNCIL OF ALL HALLOW5, BISPHAM SCHEDULE OF INVESTMENTS AT MARKETVALUATION AS AT 31ST DECEMBER 2023 NON ENDOWMENT- UNRESTRICTED 2023 2022 Re.. Sale of Churchyard Land127th April 19731 Church of England Central Board of Finance: 18456 Shares in Fixed Interest Securities 1004.29 Shares in the Investment fund 26,715 22,702 25,303 20,750 UNRESTRicfED HELD BY DIOCESAN BOARD OF FINANCE LIMITED (BY GUARANTEE) 130 037 141618 Other Investments Sherwin Bank Santander BT Group plc Lloyds TSB Group plc United Utilities plc 1,865 943 392 1,600 1.389 373 1,497 HELD BY PCC 4,800 4,107 TOTAL INVESTMENT5 134 837 145 726 -21-