# **The Parochial Church Council of St Mary, Nantwich Registered Charity Number 1130903 Trustees’ Annual Report for the year ended 31 December 2023** ## **Aims and Purposes** St Mary’s PCC, in conjunction with the incumbent, is responsible for the whole mission of the church – through worship, teaching, nurture, social gatherings and special events, pastoral care, evangelism and ecumenical cooperation. The PCC also seeks to recognise gifts and skills in others, encouraging them to share in this mission. ## **Objectives and Activities** Our mission in the parish is the promotion of the Gospel of our Lord Jesus Christ, according to the doctrines and practices of the Church of England. The PCC seeks to enable parishioners to live out their faith as part of our growing parish community and is committed to enabling as many people as possible to worship at our church and to become part of our parish community. As stewards of the church’s resources, the PCC seeks to fulfil this objective as efficiently and effectively as reasonably possible. When planning our activities for the year, the Rector and the PCC considered the Charity Commission’s guidance on public benefit, and especially the specific guidance on charities for the advancement of religion. To facilitate this work, it is important that we maintain and develop the fabric of our Grade 1 listed 14th century church. ## **Staff** Serving alongside Rev Dr Mark Hart as Rector is Rev Vanessa Layfield as Curate (licensed as Assistant Priest from October 2023). We also have a Youth and Children's Worker, Susie Phillips. We continue to be well supported by a dedicated team of lay leaders, and retired ministers who assist in maintaining the ongoing ministry of St Mary’s. ## **Property** A house in Stapeley, Nantwich, owned by St Mary’s, either accommodates a curate or is let. St Mary’s and All Saints churchyards continues to be maintained by Cheshire East and are closed to new burial plots. ## **Achievements and Performance** ## _**Worship and Prayer**_ The Electoral Roll membership of 401 was reported at the Annual Parochial Church meeting in April 2023, an increase of 7 from the total reported in 2022. A range of services is offered on a Sunday, during the week and over the course of the year. These activities gather our community together for different forms of worship and provide opportunities to invite others to join us. PCC St. Mary Nantwich Trustees’ Report 2023 Page 1 The usual timetable for public worship on Sunday is:- |8am|Holy Communion| |---|---| |9:30am|All Age Worship| |10:45am|Holy Communion| |2.30pm|Holy Baptism (1st& 3rdSundays)| |3pm|Afternoon Prayer or Holy Communion (Richmond Village)| |3pm|Seniors’ Lounge (2ndSunday)| |3.30pm|Holy Baptism (1st& 3rdSundays)| |6pm|Evensong| |7.15pm|Encounter (1st& 3rdSundays)| The Sunday 9.30am and 10.45am services are normally live-streamed and available online. Particular thanks are due to the ministry team and technical staff who work so hard to ensure that services are made widely accessible. The average weekly attendance (October count) was 468 adults and 60 children. A total of 1859 people attended services on Christmas Eve and Christmas Day. The occasional offices ministry continues to be a significant part of our outreach, with regular baptisms and weddings. During the year, there were a total of 55 Baptisms including 4 adults; 14 Confirmed; 14 Weddings; 56 Funerals in church; 12 Funerals (crematorium or cemetery only). ## **Pastoral Care and Outreach to the Local Community** ## _**Nurture**_ St Mary’s seeks to nurture and encourage people of all ages in their Christian faith. The Baptism Team provides support for families both before and after a Baptism has taken place. Our Pastoral Visiting Team has been busy leading services in 9 local residential homes. We have a small number of Home Groups for adults as well as groups for young people across all age ranges. These groups aim to encourage members to grow in fellowship and their Christian faith. ## _**Volunteers**_ All these activities, and more, are maintained by a wide range of volunteers to whom we are grateful for their valuable contributions as they live out their faith through practical action. There are also the Readers, retired clergy, and those who have served on the PCC or other committees and groups. Alison Phillips, our Director of Music, leads our well-respected choir which supports many of our regular and special services and leads our young choir “Sing @ St Mary’s”. In addition, there is a worship band and singers who support the 9:30 all age service. The church building is open for visitors Monday to Saturday from 9:30am to 4:00pm with a rota of stewards in attendance. This provides a place for quiet prayer and contemplation. PCC St. Mary Nantwich Trustees’ Report 2023 Page 2 The Church Shop is open daily and sells books, cards, church guides and souvenirs. Volunteers enable us to carry out this valuable outreach work. ## _**Ecumenical Relationships and Outreach**_ St Mary's works alongside its partner churches under the umbrella of the Churches Together in Nantwich (CTiN). The partner churches worship and collaborate together at a number of key points throughout the year. These normally include: The Week of Prayer for Christian Unity, Good Friday open-air witness, Nantwich Show, Nantwich Angels, and a Christmas Day lunch for those who would otherwise be on their own. Through CTiN, grants are also made available to young people undertaking significant humanitarian or evangelical work, usually overseas, in the form of Millennium Bursaries. Churches Together supports the Foodbank which continues to assist a significant number of struggling local individuals and families throughout the year. Our parish magazine along with the weekly news sheet are circulated by email as well as being available in printed form. Both publications are also available on the website www.stmarysnantwich.org.uk. The St Mary’s Facebook page is regularly updated with useful information as well as hosting videos of streamed/recorded church services and worship song recordings. Our weekly email bulletin continues to prove very useful and is sent to 607 subscribers. ## _**The Visits Team Ministry**_ We are pleased to welcome large numbers of visitors, tourists, and organised groups to the church as well as school parties both local and from further afield. We are a member of the Major Churches Network and the Rector attended their conference in Oxford in 2023. ## _**Events**_ The church is a much-appreciated venue for many additional events including a variety of concerts including those for Concordia, Nantwich Choral Society, Nantwich Singers, and the Nantwich Words & Music Festival as well as lunchtime concerts through the summer. In 2023 a Christmas Tree Festival was held for the first time, in collaboration with St Luke’s Hospice – a great success. Spring, Summer, Autumn and Christmas Fairs were held, raising significant funds. Monthly Saturday St Mary’s Breakfasts recommenced in 2023. ## _**Children’s and Young People’s Work**_ St Mary’s is very active in youth and children’s work, from babes in arms to young adults, in a variety of settings. There are various children’s groups meeting during the 9.30am service on Sunday mornings. Friday Nite Live is a lively, friendly group for young people in Year 7 and upwards that meets weekly. We also host many of the local primary schools for special events before Easter and Christmas. ## _**Mission Support**_ Helping those in need is a demonstration of our faith. St Mary’s Mission Support Group with the approval of the PCC channelled £4000 to two charities - Church Missionary Society (CMS)working in Bolivia and the Crewe Community Support Worker. We also continued in our commitment to support two Kenyan students in their schooling. PCC St. Mary Nantwich Trustees’ Report 2023 Page 3 ## **Financial Review** The finances of the Church have fully recovered from the impact of the Covid-19 pandemic. However, they have been impacted by high energy costs. Total receipts on unrestricted funds were £240,424. Restricted income of £44,673 was also received and is detailed in the Financial Statements. The planned giving through stewardship envelopes and standing orders increased by £1,474 (1%) and loose plate at £15,533 increased by £3,539, (29%) due to continuing increased foot fall in the Church. On-line and contactless giving continue to grow. £237,174 was spent to provide the Christian ministry from St Mary’s Church, including the contribution to the Diocesan of “parish share” which increased by £2,090 (3%) in the year and provides the stipend and housing for the clergy. The restricted income of £44,673 was largely due to several bequests and other generous donations. Restricted expenditure at £46,505 was for the start of the restoration work on the North and East Elevations (£27,877) and initial development work on a new Visitor Centre (£5,900) The net result for the year was an excess of income over expenditure of £568 (unrestricted) and an excess of income over expenditure of £850 (restricted), making a £1,418 total surplus. After adding the balances brought forward at the beginning of the year, the balances carried forward as at 31st December 2023 were £55,386 unrestricted (including General Fund) and £375,858 restricted. ## **Reserves policy** In 2023 it continued to be PCC policy to maintain a balance in unrestricted funds (if possible) of an amount equal to three months unrestricted expenditure. This amounts to approximately £50,000. The balance of £55,386 held on unrestricted funds achieves this target. The balance of £375,858 in restricted funds is retained for the purposes described in the Financial Statement for each fund. It is noted, the Restoration and Development Fund ring fenced £116,272 for the restoration work on the North and East Elevations of which £28,877 was spent in the year. The total cost of this restoration work is now estimated to be £800,000. Grant applications are in hand. ## **Structure, Governance and Management** The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC is a Registered Charity. The appointment of PCC members was governed by and set out in the Church Representation Rules 2015 and since registration in July 2009 with the Charity Commissioners. PCC members are also Trustees. At the end of the year, the number of elected lay members of the PCC was 11. In addition, there were 5 elected Deanery Synod representatives, and one elected representative from each of the General and Diocesan Synods. These, together with the ex-officio members, the Incumbent (Rev Dr Mark Hart), the Assistant Priest (Revd Vanessa Layfield), Pastoral PCC St. Mary Nantwich Trustees’ Report 2023 Page 4 Worker (Mrs Mary Harris) the 2 Churchwardens made a total membership of 22 at the end of 2023. John Rivers is PCC Secretary (non-voting) There were 7 full Council meetings during the year, including the short meeting immediately following the APCM. The incumbent together with the two churchwardens and three members of the PCC formed the Standing Committee which met between PCC meetings. The PCC monitored the work of various groups, receiving reports from the Mission Support Group, Youth & Children Steering Group, Eco Church Group, Outreach Group, Deanery Synod and Churches Together in Nantwich. PCC received regular reports on the finances of the church and decided how the funds should be spent. St. Mary's Church takes the responsibilities of safeguarding very seriously. The PCC has adopted National Safeguarding Policy and Practice Guidance, issued by the Church of England, including 'Promoting a Safer Church' and the 'Parish Handbook'. The Parish Handbook is carefully referenced to support the day to day work of the parish in relation to safeguarding. St. Mary's Parish Policy is reviewed and signed annually. Volunteers who work with children, youth and vulnerable adults complete safeguarding training to the required level. We have a Parish Safeguarding Officer, covering activities for children and for vulnerable adults. Safeguarding is reported on at every PCC meeting, with Parish Safeguarding meetings being held monthly. Safeguarding reporting has been maintained as required. ## **Administrative information** This report is in respect of the Parochial Church Council of St Mary Nantwich in the Diocese of Chester. The correspondence address is St Mary’s PCC, The Parish Office, Church Walk, Nantwich, CW5 5RQ The Registered Charity Number is 1130903 PCC members who have served at any time from 1 January 2023 until the date this report was approved are: |Incumbent:|The Reverend Dr Mark Hart| |---|---| |Curate:|The Reverend Vanessa Layfield| |Pastoral Worker:|Mary Harris| |Churchwardens:|Chris Harris| ||Paul O’Brien| Jan Allotey (General Synod representative) Gill Appleton (Deanery Synod representative) Wendy Beastall Keith Billing Phil Boxhall Ernie Charlton (Deanery Synod representative) Belinda Coghlan (Safeguarding Officer) Bryan Coghlan (Diocesan Synod representative, PCC Vice Chair) PCC St. Mary Nantwich Trustees’ Report 2023 Page 5 Jane Knight Jonathan Layfield Linda Lewis Steve Lockett (Deanery Synod representative & Treasurer) Alison Phillips Beth Roberts Pat Stalker (Deanery Synod representative) Penny Smith Janet Thompson Approved by the PCC in April 2024 and signed on their behalf by Rev Dr Mark Hart (PCC Chairman) . 4/6/24 PCC St. Mary Nantwich Trustees’ Report 2023 Page 6 The Parochial Church Council of St Mary, Nantwich, Cheshire. FINANCIAL STATEMENTS of the PAROCHIAL CHURCH COUNCIL For the year ended 31st December 2023 Charity number 1130903 Incumbent.. The Rector is Rev. Dr. Mark Hart Independent Examiner Mr John Sheridan Birchfield, London Road, Woore, Crewe. CW3 9SQ. The Parochial Church Council of St Mary, Nantwich, Cheshire. Financial Statements of the Parochial Church Council for the year ended 31° December 2023 INDEX Page Independent Examine¢s Report Statement of Financial Activities Balance Sheet Notes to the Flnancial Statements 5t010. CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trnstees The Parochial Church Council of St Mary, Nan￿Ch, Cheshire. On accounts for the year ended 31°, December 2023 Charity no {if any) 1130903 Set out on pages 03to10 I report to the trustees on my examination of the accounts of the above charity ("the TrusV'I for the year ended Responslbllltles and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 Clhe AcY'>. I report in respect of my examination of the Trust's accounts rarried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145151{bl of the Act. Independent The charity's gross income exceeded £250,000 and l am qualified to examinerfs statement undertak8 the examination by being a qualified member of the ACCA I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination which gives me Cause to believe that in, any material respect: the accounkn'ng records were not kept in ac(￿rdanCe with section 130 of the Charities Act., or the accounts did not accord with the accounting records,. or the accounts did not comply with the applicable requirements conceming the forn and content of accounts set out in the Charities (Accounts and Reports) R8gulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters In connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Date: Name". John Sheridan Relevant professional qualifi¢ation{s) or body (if any}: ACCA Address: Birchfield, London Road, Woore, Crewe. Cheshire CW3 9SQ IER Oct 2018 Page 3. The Parochlal Church Council of St. Mary, Nantwich, Cheshire. Slatement of Flnanclal Actlvltles for the year ended 31st December 2023 Incoming Resources Unrestricled Restricted Funds Funds Total 2023 Tolal 2022 Voluntary Income 2a 169,201 28,061 197.262 247,327 Funds Generation 2b 15,703 6.654 22,357 15,642 Inv8slments 2c 8.183 8,646 1,341 Church A￿¢vitieS 2d 34.445 1,775 36,220 41,491 Special Collectlons 2e other Income 2f 20,611 20.611 9,867 Total Incoming Resources 240,424 44,673 285,097 315,608 Resources Expended Granls 3a 4,000 2,064 6,064 8,562 Church Actlvilies 3b 139,468 44,331 183.799 137,473 Administration 3c 93.706 110 93.816 91,118 Total Resources Expended 237,174 46,505 283,679 237,153 Net Incomlng Resources 3,250 11,832) 1,418 78,515 Transfers between Funds 10 12,6821 2,682 Nel Movement of Funds 568 850 1.418 78,515 Balance brought forward at 1st January 2023 54,819 375,008 429.827 351,312 Balance carrled forward at 31st December 2023 55,386 375,858 431,244 429,827 Page 4 The Parochial Church Councll of St. Mary. Nantwich, Cheshire. Balance Sheet as at 31st December 2023 Note 2023 2022 Flxed Assets Flxed Assets 1b 207,000 207,000 Investment Assets Current Assels stock 3.108 3,329 stone for New Shop Floor 2.520 2,520 Debtors and Prepayments 10,627 38,520 Bank A¢counls 317.537 291,472 Cash in Hand 155 Total Assets 540,947 543,180 Liabilities: Amounts falling due wtthin one year Creditors and Accruals 14.649 16,118 Liabilities: Amounts falling due after one year Mortgage on the Curate's House 10 95,054 97,2J5 Totsl Liabilities 109.703 113,353 Total Net Assets 431,244 429,827 Funds Restricted. 11 375,858 375,008 Unrestricted 12 55.388 54,819 Tolal Fund$ 431,244 429,827 Approved by the Parochial Church Council on and signed on its behalf by-. Rev. Dr. Mark Hart. Rector of Nanlwich Mr. Stevè Lockett PCC Treasurer Pag• S. Thè Parothial Church Council of St. Mary, Nantwich, Cheshire. Not•s to thè Fln4nclal Statemonts for the year ended 315t December 2023 IA¢counting Policles la. The financial statements have ￿en prepared in accordance %Mth the Charfaes Act 2011 and Church Accounting Regulations 2006 together wlh applicable accounting standards and Charthes ststement of Recommended Practice(SORP 20051. As in PTewous years the PCC accounts have b88n prepared on an accru81s basis. This means that the cost of goods and seNces i8 accounted for In the yeai Ihgy w8r8 supplied even if paymenl was not made until the followng year. 1b. We are requlred to produce a balance sheet which includes the value of fixed a558ts, any assets that ar8 considered to have a limited useful life Mll be depreciated. It Is not consldered necessary to doprgciate any fixed assets this year. Consecrated and beneficed prop8rty Is excluded from the 8ccounts under the Charities Act 2011. The purchase of nearly all other assgts have, in the past effectively been wiitten off in the year of pur¢hase. The excoption is th8 Cuiatss House which is v81ued al cost. 2. Incoming Resources Unrestrlct•d R•strl¢ted Funds Funds Total 2023 Total 2022 Voluntary Income St8wwdsh¥• 104.159 28,1C 15,533 13,640 104,ISg 26,105 15.533 102,685 30.599 11.994 21.644 1.250 50.000 18,498 10.657 247,327 Looso Pbts Church Box l¢ash & Card) Donation towards Y¢xrth Worker Gr8nts 88qU85ts Grfts and Donat￿3n5 TOTAL Fund$ Generado Church Magazi Wisitor5 Qentre Income befor8 inter8St Fglrs a￿1 Fundrai*ng Events TOTAL 8,443 19.488 19,488 169,201 28.061 197,262 2b 2,366 1130 5,933 6,&54 13,337 15.703 8,654 22,367 15.642 lTrvestments Dwidends and IntW88t TOTAL Church Actlvltles PCC F888 Verger & Organ￿1 F888 p￿¢9 ofVVokom¥ Mums &Tots FkNv8rs- Contribut￿n8 8nd D¢natio Lun¢htfm Con￿rtS TOTAL sp￿la1 Collecuons Mi88vJn 2c 8.183 8,183 1,341 1.341 463 8,646 2d 19,241 10,C65 19,241 10.L%S 21,369 12.340 7,010 820 1,5 4.402 720 4.572 36.220 TOTAL Other In¢ome Raugng Tnjst Grant lthe balance of£7,500 acuued b 20231 Church Hire D￿C68a￿ Er￿rgY Graftt Curatss House Rental IrK¢¥n? sur￿n8$ TOTAL 2,5( 2,384 8,5&8 1.728 20.011 2.583 20,611 9,867 Total In¢omlng Re$our¢•$ 240.424 44,673 285,097 316.668 Pagèe. The Paroehial Church Council of St. Mary, Nantwich, Cheshire. Notes to the Flnanclal Statemants for th? year ended 31st Decèmber 2023 3.Resourees Expended Unrestrlcted Restrlcted Funds Funds Total 2023 Tol 2022 3a Grants to.... Mission. Irom PCC Chur¢h¢s together in Nathch Preservation Appeal Trust TOTAL 3b Church Activlties Parish Share Clergy Expenses Council Tax GaslElectricity Insuranc6 -390 clh Talephona General Maintenance Flowers & Associated Costs Visitor Centre Expendrture 4,000 4,000 2064 2,064 562 8,562 4.¢)00 6,064 71.757 3,330 3,773 28,418 11,200 872 12,852 71.757 3,330 3,773 28,418 11,200 872 12,B52 1,119 4.236 5.900 27,877 4.419 1.321 69,667 3,090 4. 733 t7.692 15.172 9.047 1.407 4.885 1.200 1.119 4.236 5.900 27,877 4,419 on trading on davèlopmgnl Restoration Work in Church Development Work in Church Choir and Music Expenses Place of Welcome Children's Work Mums &Tots CAP Partnership Lunchtime Concert Expenses Bread, Wine and Candles Servers Expenses Training TOTAL 3c Adminlstratlon Lay Emp1oy8es Fees Organist 8 Verger PrintinglPostagelStationery Church Office Rent Contribution lo Church Housa runnlng ¢osls Curates House- Mortgage Inloresl Insurance Rèpairs 1.188 932 1,321 882 882 780 1,190 680 780 2,865 2.112 4.016 2.007 2.112 285 139,468 285 183.799 44,331 13T,437 57,879 10,065 1,665 6.960 3,840 4,507 390 57,879 10,Cfj5 1,565 6,960 3,840 4.507 54,135 12,340 6,960 3.B40 3.646 326 1.550 587 2,744 1.814 2.064 91.118 Bank Chargos Copier Magazine Printing and Editing Sundries TOTAL 631 3.989 2.122 B31 3.989 2,122 1.732 93,816 110 110 93.706 Total Resources Expended 237,174 46.505 283.679 237.153 Page 7. The Parochial Church Council of St. Mary. Nantwich, Cheshire. Notes to the Flnanclal Statements for the year ended 31st Décember 2023 2023 2022 4. Investments There are a small number of ancient investments In Govemmenl Stock and CBF accounts that are not included in these accounts. They have a cost of approximately £3,000. They generated an income of £389 in the year12022- £282). The PCC plans to sell these inveslmenls al an appropriale lime in the Goming year and treat the capital as income. 5. Stock. 2023 2022 3.108 The stock is all relating lo the Visitorfs Cenlre. It is valued al the lower of cost and net alisable value. The stock represents less than 2 years nomial cost of sales 3.329 6. stock of Stone. 2023 2022 2.520 In p￿paratIOn lor development of a Visitor cent￿ Inside the Church the opportunity was laken lo purchase some matchlng stone when il was avail9￿e. 2,520 7. Debtors and Prepayments IAI General Fund) 2023 2022 Boller Repair Prnp8yment GrftAid Clam r￿eNert in 2023 Courril Tax Refvnd Unpaid Church Hire lor 2023 Unpaid Magazine Advert8 lor 2023 Handrail Contribubon Gas Contrrbutrons Curates House Rental for Decernbar TOTAL 1, 18T 30,099 432 250 434 259 S,015 9,943 10,627 8.Bank Accounts Current Accounts Deposlt Accounts TOTAL 2023 TOTAL 2022 R8Strktsd Funds Bourne Fund Church Flower Arrangers Fund Mums & rets Fund Ilncl". for first bme In 2021.1 Curate's House Fund Restoration and Developm¢nt Fund CAP P8rln6rship Wisf(orfs Centre Fund Ishopl Educal'on Fund Youth Projeet- Palin The Lyon Restoration Fund TOTAL 4,312 4,856 5,673 10,157 106.904 4,312 4,856 5,673 10,157 143.335 2.899 31.507 9,017 440 4,293 4.￿9 5,642 10,074 143,428 2,899 33.433 8.695 36,431 2,899 2,968 28,539 9,017 440 42.738 215 391 259,056 Unresmcted Funds General Fund Place ofwekome Lunehtirne Co￿ert Fund TOTAL 47.762 729 32 48,524 3,550 51,312 729 24.649 2. 163 5.605 32,417 10.884 Total Bank Accounts 91,262 226,275 317,537 291,472 Deposh Ac¢ounts Include those held at Natwest Bank , Y8S and COIF Page 8. The Parochial Church Coun¢il of St. Mary, Nantwich. Cheshire. Notes to the Flnanclal StstÈments for the year ended 315t December 2023 9. Creditors and Accruals Unrestrkted Restrlcted Funds Funds Total 2023 Total 2022 Rausing Trust Grant 2023 apporbonment Curates House rent paid in advance for 2024 Lurthtime Con¢ert- Performing Rights Subscription Lunc￿.￿9 Con¢ert- Chorister Fees D81ay8d Salary I￿reaSe5 for 2023 Gas and Electric TOTAL 9.312 425 55 1,010 ,312 425 55 1,010 14.649 14.649 16.118 10.Mortgage on Curate's House The Curates House at 22, Beatty Road was sold n July 2018 for£229,OCrt) resU￿ng n £80,921 acerulng to th& PCC. We purchased a new Curates House at 12, Hallams Drive in Juty 2019. The purchase pnce was £207,000 The purchase was achieved by t&￿ng a rnortgage of £130,000 frorn Methodist Chapel Aid Ltd IMCAI , supported by a conlribution of £77.000 from the PCC I Curates House Fund 11.Restri¢ted Fund$ blf 1st January Income 2023 TTansfeT from I Itol Other Funds cM31st December 2023 ExPendI￿re Boume Fund Church FI0￿rA￿ang￿Tr Fund Mums &Tots Funil Inew from 20221 Curate's House Fund R &D Fund Ilnd.. Tap85ty Fund from 20211 CAP Parthership Visitorfs Centre Fund (Church Shopl EduGation Fund Ycuth Project- Palin The Lyon Restorats'on Fund Total Re5trl¢ted Fund5 4,293 4,998 5,642 119.839 143.428 2,899 39,262 8,695 19 1,132 811 83 31.813 4,312 5.011 5.673 122,104 143.335 2,899 37.136 9,017 440 1,119 780 2,182 500 32,4C6 7.989 322 440 10.136 376,009 44,673 46,505 2,662 375.868 12.Unrestricted Funds 11st January Incom• 2023 Transfèr eff 31st December 2023 Expèndlturtr Other Funds General Fund Place of Wekome Fund Lunchtime Cowert Fund Total UnrÈstrlct8d Funds Transler5 between funds are as follows:_ 47,051 2,163 235,211 587 234,309 11821 12.0001 soo 2,882 47,770 729 2865 237.174 54819 240,424 5S,386 £2.000 from the Place ofweloorne Fund tc the General Fund. £500 from the Lunchkn"rne Concert Fund to Ihe embryo Organ Fund held In the R&D Fund 8nd £2,182 being Capital repayecl on the MCA mertgage from the General Fund to the Curate5 HDuse F￿d. The Parochial Church Council of St Mary, Nantwich, Cheshire. Page 9 Notes to the Financial Statements for the year ended 31. December 2023 13. Notes on Funds Restricted 13{a). The Bourne Fund. This fund was established by a local family to provide flowers for Ihe Church where appropriate. 13(bl. The Curate's House Fund. This fund was established to provide for the maintenants and decoration of the house. At the beginning of 2019 it held the proceeds of sale of the Curales House at 22 Beatty Road. These funds were used as a deposit on a new Curates House, 12, Hallams Drive, in July 2019. This fund can be analysed as follows". - Deposit on Purchase Capital repayments brought fornard 32,765 Capital repayments in year 2 182 34,947 Funds on deposit 2023 £77,000 2022 £77,000 9,819 22 946 32,765 TOTAL £122 104 £119 839 13(c). The Restoration and Development Fund (R&D Fund) The PCC have determined the R&D Fund should maintain a minimum balance of £40,000 to cover emergencies. During 2022 the PCC received a grant of £50,000 towards the restoration of the North and East Elevations from the Rausing Charitable Trust. This, logether with funds already held of £66,272, making a total of £116,272, have all been ringfen￿d for this purpose. During the year there was a net spend of £28,877 on architect's fees leaving £87,395 available at 31st December 2023. Also held within the fund is the balance of the Moira Blakemore Legacy of £10,748. This will eventually be used for development purposes, funding further IT I technical upgrades and replacement Muniment Boards dedicated to her memory. 13(d). The Visitor's Centre Fund. This activity was originally started to generate funds for the R&D Fund, This is done by operaling the Church Shop and providing refreshments for visitors. This fund will now be used to part finance the creation of a Visitor Centre including a small shop in the Church hopefjjlly in 2024 or 2025, funds permitting. 13{e). The Education Fund This fund originated from the sale, by the DI0￿Se, of the Church of England School in the town. The DI0￿Se allocated a small part of th8 sale pric8 to the PCC, the capital of which is held to generate income to be used for educational purposes. 13(f). The Lyon Restoration Fund This fund resulted from a bequest of Mr Ben Lyon, a local businessman. As its nam8 indicates the income is for the purpose of restoration of the Church. Some ye8rs ago, the PCC decided, for the time being, the income should be transferred, as it accrues, to Ihe Nantwich Parish Church Preservation Appeal Trust. {NPCPATI(see 131 overl8afl. At the requ8St of the NPCPAT the PCC have agreed the remaining capital of this fund should be allocated to the restoration of the North and East Elevations of the Church. The Parochial Church Council of St Mary, Nantwich, Cheshire. Page 10. Notes to the Financial Statements for the year ended 31. December 2023 13. Notes on Funds {cont'd) 1319). The Church Flower Arrangers Fund. This fund receives donations towards and pays for flowers to decorate the Church. 1Ih). Mums & Tots Mums, Dads, and carers with their pre-school age children meet once a week in the Parish Hall for fun activities, tea, coffee and a chat. This 8Ctivity and its associated fund were adopted by the Church in 2021 Unrestricted 13(1). The Summer Concert Fund (previously the Piano Fund) This fund was originally established to generate funds for the purL*ase of a grand piano for use in the Church. The acquisition happened in 2016. In 2019 the fund provided improved seat pads for Ihe choir. Post Pandemic the concerts have recommenced and continue to be well attended. 131j). Place of Welcome Fund (previously Friday Soup Lunch Fund) The provision of a soup and a sandwich to the needy in Nanlwich up to early 2017 was undertaken by Churches Together in Nantwich INTiCI. When NTIC withdrew, the Church picked up the baton in 2017. This fund has been set up to receive income 8nd make payments independent of the General Fund. The provision of a welcome, soup and a sandwich restarted after the Pandemic and is now well attended. This year the fund has been renamed Place of Welcome Fund Endowments The Church has no endowment funds. Funds not under the control of the PCC 13{k). The Church House. Nantwich. Reg No 1177087 This is a charity charged with the care of the building known both as Church House and the Parish Hall. The trustees manage the building and associated assets for the benefit of St Mary's Church, Nantwich, and the wider community. The Charily had excepted status until 2018 at which time it registered with the Charity Commission. 1311). The Nantwich Parish Church Preservation Appeal TrusL Reg No." 507911 The object of this charity is the raising and administering of funds for the preservation, restoration, and repair of the fabric of St Mary's Parish Church Nantwich Cheshire. They are currently raising funds for a £800,000 restoration of the external North Wall and East End elevations of the Church. 13(ml. The Nantwich Churchwardens, Merged Charities Reg No.. 216367 This charity was established to provide relief to residents of the Parish of Nantwich who are in need, hardship, or distress. CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examinerfs report on the accounts Section A Independent Examinerfs Report Report to the trustees The Parochial Church Council of St Mary. Nant*yich. Cheshire. On accounts forthe year ended 31" Dec8mb8r 2023 Charity no (if anyl 1130903 Set out on pages 03to10 I r8POrt to the truste8s on my examnation of the aCco￿t8 of the above charity {Yhe Trusf) lor the year erKl8d Responslbllltles and basls of report As the charitys trustees. you are responsible for the preparation of the accounts in accordance the requirements of the Charities Act 2011 (Wie Acr). I report in respect of my examinats'on of the Trust's accounts carried out under section 145 of the 2011 Ad and in carying out my examination, I hav8 followffjd all th8 applicable Directions given by the Charity Commission under secticm 145(5)(b) of the Art Independent The tharity's gross income exceeded £250,0(X) and l am qualified to •xamlnorf8 statement uTrJertake the examinats'cffj by being a qualified member of the ACCA I have ccxnpK8ted my examination. I confim that no material matters have come to rny attents'on in connection with the examination ￿lch gives me cause lo believe that in. any material fespect.. the accounting records were not kept in accordance wllh section 130 of the Chanties Act; or the accounts did nol accord with the accounting re¢ord$; or the accounts did not comply with the applicable requirements conceming the fonn and content of accounts Set out in the Charitias {Accounts and Re￿rts) Regulats'ons 24￿ other than any requirement that the accounts give a 'true and fairf view vknich is not a matter considered as part of an independent examination. I have no conc8ms arKI have come across no other matters in c(mnection with the examination to vthich attention should be drawn in this report in order to enable a proper understanding of the accounts to be reathed. Slgned: /ao?4 Name: John Sheridan Relevant professional qualification{sl or body (if any): ACCA Address: 8irchfiekl, London Road, V41)ore, CreY•B. Cheshire CWJ 9SQ IER Oct 2018