## **ANNUAL REPORT and FINANCIAL STATEMENTS of the PAROCHIAL CHURCH COUNCIL of the parish of ST MATTHIAS, ST MARK & HOLY TRINITY, TORQUAY** for the year ended 31[st] December 2022 ## **CONTENTS** |**CONTENTS**|| |---|---| |**Administrative information**|**Page 2**| |**Structure, Governance and Management**|**Page 2**| |**Objectives and Activities**|**Page 3**| |**Achievements and Performance**|**Page 3 - 5**| |**Safeguarding**|**Page 5**| |**Churchwardens’ Report**|**Page 6**| |**Deanery Synod Report**|**Page 7**| |**Financial Review**|**Page 7 - 9**| |**Notes to the Accounts**|**Page 10-11**| |**Balance Sheet**|**Page 12**| |**Statement of Financial Activities**|**Page 13**| |**Operating Income & Expenditure Summary**|**Page 14-19**| _ANNUAL CHURCH MEETING MAY 2023_ _Page 1_ _**Parish of St Matthias, St Mark and Holy Trinity, Torquay Annual Report of the Parochial Church Council for year ended 31st December 2022**_ ## **Administrative Information** St Matthias Church is situated in Babbacombe Road, Torquay, Devon, TQ1 1HW, which is the correspondence address. The website address is **www.st-matthias-church.org** The Parochial Church Council (PCC) is a charity registered with the Charity Commission (Registered number 1130983) PCC members who have served from 1[st] Jan 2022 until the date of this report are: _Incumbent:_ Rev’d John Beckett _Lay Vice Chair:_ Paul Stannard _Associate minister:_ Rev’d Paul Barton _Curate :_ Rev’d Pete Norris (until SEPT 2022) _Wardens:_ Cheryl Bevins Paul Stannard _Secretary:_ Suzy Wright _Treasurer:_ Tony Barratt (until MARCH 2023) _Reader:_ Ruth Beckett (until SEPT 22) _(ex-officio) Representatives on the Deanery Synod: Elected members:_ Sylvia Barratt _(ex-officio)_ Tessa Barton Sue Davies Keith Broome Giles Fearnley Kevin Francis Andrew Stilliard _(Diocesan Synod Rep)_ Mike Higgins David Wilkinson _(Diocesan Synod Rep)_ Sharon Hiley David Hodson Jill McDowall David Meek Sue Newman Clare Whittaker ## **Structure, Governance and Management** The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and having been on the roll for six months are eligible to stand for election to the PCC. In addition to its regular meetings the PCC operates through a Standing and Finance Committee and a number of committees (known as ‘Action Groups’), which meet as required, and report back to the PCC. These are: ## _**Standing and Finance Committee**_ This is the only committee required by law. It has power to transact the business of the PCC between its meetings, subject to any direction given by the Council. It also oversees the financial aspects of the work of St Matthias and the Church Centre. The committee comprised: Rev’d John Beckett (Incumbent), Cheryl Bevins (Churchwarden), Paul Stannard (Churchwarden and Vice Chair), Tony Barratt (Treasurer 2022), Suzy Wright (Secretary) _ANNUAL CHURCH MEETING MAY 2023_ _Page 2_ ## _**Action Groups:**_ In late 2021, we began to form ‘Action Groups’ as a new way of shaping, leading and sharing what is going on at St. Matthias. These groups work in conjunction with the PCC and the Staff Team. The Action Group Leaders meet with clergy and wardens termly with the purpose of sharing what is happening within their group, highlighting areas where they would value the cooperation of another group and sharing new ideas of ministry which they would like to be involved in but might need to go to the PCC for a decision. Listed alphabetically these are: _**COMMS Action Group:**_ To identify and manage the implementation of all communication and publicity requirements for the Church and the Church Centre, liaising with other groups as necessary and utilising the most appropriate and up-to-date tools, ranging from hard copy publications to online and social media platforms. _Chair:_ Suzy Wright _**Eco Action Group:**_ To challenge the whole church and us as individuals by promoting the Anglican’s 5[th] point of ‘The Five Marks of Mission’ – ‘to strive to safeguard the integrity of creation and sustain and renew the life of the earth’; this includes awareness of the climate change and other ecological anxieties facing us in Torbay and the world. _Chair:_ David Hodson _**Finance Action Group:**_ To ensure that all aspects of the church finances are managed effectively and efficiently and that all statutory and regulatory requirements are met. _Chair:_ Tony Barratt (2022) _**Maintenance Action Group:**_ To ensure that the buildings and grounds are kept in a good and safe state of repair for all users of the premises, enabling the church to be a place for worship, making disciples and transforming communities. _Chair:_ Paul Stannard _**Mission & Outreach Action Group:**_ To enable the church to ensure that we are outward-looking in our work, witness and resources, taking every opportunity to spread the gospel message within the Parish, the Bay and further afield, in order to encourage people to start on their faith journey and to grow in Christ. _Chairs:_ Joanna Wilkinson & Andrew Stilliard _**Pastoral Action Group:**_ To organise and manage the provision of support and friendship to those who are unable to come to St. Matthias due to age or infirmity, helping to alleviate loneliness and encouraging them in their journey of faith through the difficult times. _Chair:_ Elaine Biden _**Prayer:**_ To organise and implement prayer for the needs of the world and to cultivate the message that prayer lies at the very heart of a Christian’s relationship with God and in every activity undertaken within St. Matthias, by providing a variety of opportunities to explore and deepen that relationship, both by personal prayer and corporately. _Chair:_ Andrew Green _**Social Action and Pre-School:**_ working with the ‘Mission and Outreach Group’ to oversee the outreach that has a greater emphasis on ‘Social Action’ - and to include oversight of provision of Early Years Services to Pre-School children from the local community and to provide After School and Holiday Club services to a wider range of Pre-School and Primary School age children, with a view to valuing and nurturing every child, and to seek to show God’s love to all children. _Chair:_ Sylvia Barratt _ANNUAL CHURCH MEETING MAY 2023_ _Page 2_ _**SCYP Action Group:**_ To provide relevant and engaging activities for all age groups of children and young people both within and outside St. Matthias, enabling them to grow into and in their Christian faith and, with their leaders, reach their full potential in Christ. _Chair:_ Tessa Barton _**Service Ministry:**_ To provide high quality worship services as agreed by the Incumbent and the PCC, in conjunction with the staff team, that enable people to offer their worship and grow in their discipleship and encourage them to play their part in the kingdom work of transforming communities. _Chair:_ John Beckett _**Stepping Stones Action Group:**_ To ensure that the church has a suitable and clearly signposted range of stepping stones for people to use, to enable them to feel that they belong to the church family, find friendship and grow in their journey of discipleship – and continue to do so. _Chair:_ Keith Yelland ## **Objectives and Activities** The PCC has the responsibility of co-operating with the clergy, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has operational and maintenance responsibilities for the Church and Church Centre. ## **Achievements and Performance** ## _**Church Attendance**_ At the time of the last Annual Meeting, in May 2022, there were 183 parishioners on the Church Electoral Roll. This year (May 23) we have reported 181 parishioners. Each year we report our participation numbers (the number of people who worship with us at least monthly) which allows Diocesan fund contributions to be calculated. Prior to covid the number we reported was 213 but with the reduction in in-person attendance, in 2021 we submitted a figure of 165 and in 2022 this is now 157. ## _**Review of the Year**_ Church services have continued to return to a more normal structure and attendance has picked up since the pandemic. 11am service attendance has been strong but 0930 services have fluctuated. Some have not returned to worship in person but follow services online. Since March 2022 the Zone Services have been replaced by ‘Encounter’ and ‘Explore’ Services at 9.30 am and 4.00 pm. We discovered however that the 4pm time did not appeal to families, so we now have ‘Explore’ twice a month, with a return to the monthly morning 11am United Family Service, and monthly ‘Praise @ 5.30pm’ Here are some highlights: - Funding was secured for a youth worker allowing us to commence the search for a Schools, Children, Young People and Families Worker, allowing the appointment of someone in summer 2022, who sadly then resigned soon afterwards, leaving us still with a vacancy for which we continue to advertise. - We enjoyed returning to **normal Easter services** - Our **Pre-School** has gone from strength to strength with 42 on roll, and 6 staff - with regular after-school clubs - **Hirers** have returned and the church centre has returned a good financial surplus - we continued **livestreaming** with a regular core of 20 +online worshippers- and extend our continued thanks to the audio visual team led by David Wilkinson _ANNUAL CHURCH MEETING MAY 2023_ _Page 3_ - **Alpha** courses continued both online and in-person - **Our action groups** went from strength to strength - **Our social media** reached more people than ever before with well over 500 followers on Facebook and over 80 followers already on our new Instagram account. Website redevelopment continues to incorporate some more up to date functions but this has taken longer than we anticipated. - We have worked closely with Rev Nathan to assist with the new **foodbank and donated our minibus** which is now servicing the Torbay United ‘Yum Project’ social supermarket and mobile foodbank. - Our **youth group** has grown steadily over the course of the year under the leadership of Ally and Linda with assistance from Hannah - In 2022, the **Missions Action Group** (MAG) maintained its commitment to paying annually a Mission Tithe of 10% of St Matthias' voluntary income. Six main charities are supported each year: Church Army, Church Mission Society (for Nicci Maxwell), Church Pastoral Aid Society, Linx Christian Youth Trust, Mission to Seafarers and Tearfund. In addition, various other charities receive a tithe donation annually. - In 2022, these were: Bible Society, Christian Response to Eastern Europe, Compass Braille, Mercy Ships, Open Doors, Scripture Union, and WorldShare. - We had visits from the Rev’d Nathan Kiyaga, our **Rural (Area) Dean.** - In September 2022, St Matthias was one of two hub churches **for Mission Torbay** , hosting a team of 8 from Through Faith Missions for a weekend of outreach in the local community which included activities on the piazza and door-to-door visiting. A special evening service was organised by the team, as 'A Time of Worship and Healing', and held in St Matthias on Saturday 17th September. - We ran successful and well attended **Christmas services** with a packed Christingle and carols on the piazza which were very popular. - We supported the plans to have the **church open** each weekday lunchtime for private prayer - We launched the successful ‘ **Warm Space’ initiative** which started in October and soon attracted a regular group plus other church users to have fresh soup and conversation every Wednesday afternoon - We ran the **Christians Against Poverty** course to help those struggling with the cost of living crisis - We worked steadily on our eco credentials led by the Eco group towards bronze accreditation - **Ruth Beckett** started her curacy at Preston and Paignton - Sharon Hiley is exploring her call to ordained ministry - And we continue to be grateful to Norma, Brian, Andrew and Mark for taking services and preaching - We ran the **Living in Love and Faith** course over Lent and around 45 people in small groups considered: - How do questions about identity, sexuality, relationships and marriage fit within the bigger picture of the good news of Jesus Christ? - What does it mean to live in love and faith together as a Church? - https://www.churchofengland.org/resources/living-love-and-faith - In addition to leading weekly acts of worship, which recommenced in person in September, we worked with **Warberry and Ilsham Church of England Primary Academies** to explore their **‘Values’.** Both schools also valued **the Godly Play** sessions led by Lena - We continued to live through our own values of **G** enerous like **J** esus, **G** oing **J** esus’ way, **G** rowing on the **J** ourney and **G** od’s **J** oy in our hearts _ANNUAL CHURCH MEETING MAY 2023_ _Page 4_ - We celebrated the **Platinum Jubilee** with a church family Sunday lunch and an extremely well attended hog roast in conjunction with pre school and a visit from our ‘queen’ - … and much more! **The Parochial Church Council** (PCC) is responsible for overseeing the work of the church. Throughout 2022 and to date the PCC have met mostly bi-monthly – meetings have returned to being in person. In 2022 the PCC held 5 meetings during the year, mostly in person. The average attendance at PCC meetings was 68%. PCC business generally falls into one of three categories: **Worshipping God, Making Disciples** and **Transforming Communities.** Items brought to the attention of and considered by the PCC have included: - Reviews of the **Service pattern throughout the year in the light of clergy shortages now that we do not currently have a curate in training.** - The **Wellspring** project was finally completed, finances signed off and changes embedded. - **Our PCC away** day led by Jon Curtis from the Diocesan Office gave us some great areas to work on including reviewing the quality and depth of our welcome; exploring better ways to connect with our community; considering more teaching courses; continuing to build a better online presence and reviewing our music offer. - We have begun to work closely with other churches to explore options at **Ellacombe** - Lena reported on **Messy Church, Begin Well** and **Mummy & Me** , which have had great attendance and have led to increased church attendance and an interest in baptisms in some cases; these initiatives are real areas of growth – well done! - We received the **Quinquennial Report** – little work required in next 12 months with no major issues. ## **Safeguarding** : Sue Davies continued in the role of Safeguarding Officer and is also a member of the Diocesan Safeguarding Board. The PCC has complied with the duty to have due regard to the House of Bishops' guidance on safeguarding children and vulnerable adults under section 5 of the Safeguarding and Clergy Discipline measure 2016. Information regarding Safeguarding can be found on the first page of our website and contact numbers are available on church noticeboards. We are also required to delegate to the diocese the responsibility of reporting serious safeguarding incidents to the Charity Commission, in accordance with the House of Bishops’ Guidance. Safeguarding is a standard item on all PCC agendas. Safer recruitment practices are followed which include sending for references and applying for DBS clearance if the role is applicable. Church officers attend safeguarding training at the appropriate level for their role. From their training they should understand the principles of: _Recognise – Respond – Record – Refer_ ## _**Safeguarding is everyone**_ ’ _**s responsibility – concerns must always be shared**_ _ANNUAL CHURCH MEETING MAY 2023_ _Page 5_ **Report from PCC Secretary:** So many good things are happening here at St Matthias. I would encourage you to read the accompanying document which holds Reports from Groups. **Please pray for our groups and their leaders.** If you feel encouraged to support them, please speak to the named people. The **Friends of St Matthias** work closely with the PCC to ensure that all the money they raise is spent for the benefit of the church, in accordance with their charitable objects. The PCC wish to record their thanks for the financial support they receive from the Friends. The PCC would also like to thank Chairs and members of all Action Groups (see list on page 4 of this report) that meet, either virtually or face-to-face, to help it carry out its many responsibilities in the numerous and varied aspects of the life of St Matthias. The help and support they provide is greatly appreciated. We continue to be indebted to them all for the commitment and dedication they show **and to all those who give unstintingly of their time and their talents** . Thank you. The PCC would like to record its appreciation of the leadership of our Rector, John Beckett, ably supported by Paul Barton; our retired clergy, our Readers, our Churchwardens, Cheryl and Paul, ably assisted by Sylvia; Pere and all who work in St Matthias – paid staff and volunteers alike. We owe a great deal to our clergy, staff and their families. **Thank you** . **Suzy Wright** _PCC Secretary_ May 2023 ## **Churchwardens’ report to the 2023 APCM** We would like to start by thanking our Clergy team, who have worked tirelessly this year to provide services, worship, and pastoral support to us all. Their workload sadly increased considerably due to our curate Pete Norris and family moving on in their ministry to another parish. This led to us needing to make changes to our service patterns this year, which we know for some will have been challenging. We thank you for your ongoing patience, as we seek to serve the needs of our entire church family. We were so glad to see that our Christmas services were well attended – there was a real buzz to have the church full once again for the Christingle Service on Christmas Eve. It was also great to be able to host Carol Singing on the Piazza, for our community too. Live streaming of some services has continued this year and is much appreciated by those who are unable to attend church. Thank you to all who have the technical skills to make this possible each week. We are so grateful to the too often unsung heroes from within our congregation who serve behind the scenes, the coffee makers, flower arrangers, welcomers at services, pastoral visitors and so many more roles. We are always looking for more volunteers – do speak to us if you feel called to help in any way. This year has been difficult for so many within our community, due to the rising costs of living. It has been encouraging to see our church family respond to this need with new initiatives including opening the church up as “Warm Space” and running the CAP course. Once again, the Churchwardens made minor changes to the Health & Safety policy and all necessary inspections have been carried out on the building. ## **Paul & Cheryl, Churchwardens** _ANNUAL CHURCH MEETING MAY 2023_ _Page 6_ ## **Report of the Meetings of Deanery Synod** Your lay representatives are Sue Davies, Giles Fearnley (Deanery Lay Chair), Andrew Stilliard and David Wilkinson (Deanery Secretary). Members of our parish clergy also attend. Since the last Annual Report there have been three in-person meetings of Synod. The main items of business, besides finance, progress with Common Fund payments by the parishes, and reports of the proceedings of Diocesan and General Synod were: - **Sharing from Parishes** – each meeting we shared news from our parishes and then in small groups prayed for each parish. - Plans for working with **LICC** , (London Institute for Contemporary Christianity) to help church members become disciples and disciple makers were discussed. - The distinction between Torbay Deanery and **Torbay United** was explained: The latter has been set up as a Charitable Incorporated Organisation (CIO) to administer a grant of £120k, awarded by the Government Department for Levelling Up, Housing and Communities. The two major initiatives that have been developed are the setting up of a mobile foodbank, a social supermarket and support for existing foodbanks AND a School Support Network, providing pastoral support for schools across the Torbay. - **Warm Spaces** – set up with support from Torbay Council - **Growing Good** – a course to help churches explore the connection between social action, discipleship and growth, exploring how our churches can be faithful and fruitful in our local communities. - The deanery completed a skills audit of **Asylum Seekers** in Torbay to see how we could best support them. - A number of meetings were arranged with civic leaders and local church leaders, to see how each could support the other – **all has been accompanied by much prayer** . - In February 2023 Dr Jon Curtis, who works in the Mission and Ministry Dept. of Exeter Diocese explained how the **Mission Community Health Check** may be used as a tool to help measure the ‘health’ of a parish and mission community, in areas like mission and discipleship, safeguarding, stewardship and engagement with children and families. He used Bishop Robert’s picture of a flourishing church being like a healthy vine, with deep roots, growing, bearing good fruit, being good for its environment but needing pruning and training, and being just one part of a vineyard. Further details of all deanery business may be obtained from: **David Wilkinson** Torbay Deanery Secretary ## **Financial Review** The _**Balance Sheet**_ ( **page 13** ) is considerably healthier than last year, due principally to a much lower Liabilities (Creditors) figure of £2,006+ compared to £17,939 in 2021 and higher cash assets (£178,206 _cf_ .£121,135 in 2021). The combined effect of these topped up our Unrestricted Funds figure from £88,773 to £106,050. The other significant figures on the **Balance Sheet** are the amount of money in the Restricted Fund for Youth Work, up from **£19,645** in 2021 to **£32,387** at the end of 2022 continuing to give a solid financial resource for payment of a salary to the Youth Worker we are trying to recruit. The Hardship Fund has raised **£11,174** to provide support during this time of rising cost of living. A **£24,000** donation has been received that has been requested to be used to reduce our carbon footprint. _ANNUAL CHURCH MEETING MAY 2023_ _Page 7_ The _**Statement of Financial Activities**_ (SOFA) , shows the overall income and expenditure for the year, broken down into the few high level categories commonly reported across the Church of England, as well as transfers between funds. Subsequent sheets in the pack break this down into considerably more detail, Pages 15 - 18 showing a breakdown against all the booking categories that we use. As in previous years the _**Operational Income and Expenditure Summary (Page F10),**_ which excludes exceptional items such as legacy income, restricted and designated funds shows a much more informative picture of the day to day financing of activities in our three main areas of operation i.e. the Church, Church Centre and Pre-School. Following on from the challenges of 2021, we have ended 2022 with an operational surplus of income against expenditure of **£15,773.** Some of the major factors that contributed to this **,** referencing the three areas of operation, were: - **(i) Church** - The overall voluntary income was **£147.6k** , in line with last year’s figure of **£144.7k** . Planned Giving was up **9.8%** from **£120k** to **£132k.** General Giving was down 35.8% from **£24.7k** to **£15.8k** . In terms of expenditure, most areas of the Church were in line with the previous year, the total amount was up by **£11k** . Church Maintenance up by **£13k** but as we cleared our outstanding loan this was a reduction in outgoings by **£3k** which brings the total movement to **£10k** . Also, as in previous years, we paid our Common Fund contribution to the Diocese in full, which was **£100.8k** . The net result was a net deficit of **£1.9k** over the year between church income and expenditure. - **(ii) Church Centre** - Income from hirers was up **19.1%** to **£41.6k** from **£35k** in 2021. There was no Furlough Grant in 2022 to offset salary payments which meant a **£5.3k** reduction in income from 2021. An increase in salaries, maintenance and general ongoing expenses resulted in a net deficit of **£1.6k** for the year. - **(iii) Pre–School** - Pre-School income, comprising Early Years funding from our local Council and payments from parents for additional sessions was again up this year (by **£27.5k** compared to 2021). This was principally due to a large increase in the number of children registered, leading to us receiving higher levels of per pupil funding from our Local Council, and also a corresponding increase in the number of parents requesting extra sessions over and above the funded ones. This, of course, led to higher staffing and other costs, reflected in the overall expenditure figure of **£120.2k** . Income and expenditure do vary, sometimes quite noticeably year on year, depending on the numbers of children attending, which clearly is not directly under our control, although we do advertise our facilities very widely during the year to attract as many pupils as possible in the 2/3 year age group. When surpluses occur, as in this report **(+£19.4k** ), our policy is to re-invest the excess in buying new equipment, toys, books etc. As well as carrying out repairs/refurbishments of the facilities, both indoors and outdoors in the enclosed play area and the Forest School. It is also used as necessary to provide additional financial support in the leaner years when numbers may be down. Finally I would like to thank Tony Barratt for all the years of hard work as treasurer including all of 2022 making it easy for me to complete this year’s figures. I would also like to thank Trudy Guy, our book keeper for all of the accounts administration tasks and invoice payments and being patient as I took on the role. Also Sylvia Barratt, who continues to manage the ‘Statutory Account’ covering weddings and funerals held in the church, the funds for which are handled via a separate bank account. The transactions in this account are not visible in the published accounts as all associated income and expenditure do not impact on _ANNUAL CHURCH MEETING MAY 2023_ _Page 8_ church funds (as, basically, what comes in goes out). The accounting rules we adhere to are such that we are not required to include these details in the published accounts but they do have to be submitted to our Independent Examiner and so are covered in the approval statement. I would also like to thank all our church members for their generous financial support during the year. The PGS donations have played a vital role in ensuring our final healthy financial situation. I would urge those who do not give regularly or who are still giving via the offering plate or in other ways, to consider whether you could make a regular commitment by signing up to the PGS scheme (details available on our website and via leaflets at the back of the church). ## **Kevin Francis** _Hon Treasurer_ _ANNUAL CHURCH MEETING MAY 2023_ _Page 9_ **ST MATTHIAS, ST MARK and HOLY TRINITY, TORQUAY Notes to the Accounts 2022** ## **1. Basis of Financial Statements** These financial statements have been prepared under the _Church Accounting Regulations 2006_ in accordance with applicable accounting standards and the current _Statement of Recommended Practice, Accounting and Reporting by Charities SORP (FRRSE) 2015_ . They have been prepared on an accruals basis under the historical cost convention and include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members. ## **2. Accounting policies** ## **(a) Fund Accounting** (i) _Restricted Funds_ comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a specific PCC activity intended by the donor. (ii) _Unrestricted Funds_ are income funds which are to be spent on the PCC’s general purposes. (iii) _Designated Funds_ are general funds set aside by the PCC for use in the future. Project funds are designated for particular projects for administration purposes only. Designated funds remain unrestricted and the PCC will move any surplus to other general funds. ## **(b) Incoming Resources** Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is entitled to the use of the resources, their ultimate receipt is considered reasonably certain and the amounts due are readily quantifiable. Interest is accounted for as and when accrued by the payer. All incoming resources are accounted for gross. ## **(c) Resources Expended** The Diocesan Parish Share (Common Fund) expected to be paid over is accounted for when due. All other expenditure is generally recognised when it is incurred and is accounted for gross. ## **(d) Fixed Assets** Consecrated and benefice property is not included in the accounts in accordance with _Section 10(2) (a) and (c) of the Charities Act 2011._ Movable church furnishings held by the Rector and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church’s inventory, which can be inspected (at any reasonable time). St. Matthias Church Centre was built in 1985/86 at a cost of £198,629 and the extension to it was subsequently built at a cost of £146,355. During 2010 an extension to the Pine Room was constructed at a cost of £98,266. All these amounts have been written off as expended and consequently no depreciation is required. Expenditure on Church Centre furniture and equipment is written off as incurred. The cost of PV Solar Panels, purchased with the help of a loan from the diocese is being written off during the period of the related loan at the same rate as the capital paid off. ## **3. Contingent Liabilities** In the event that either the premises are sold or the Pre-School ceases to operate for reasons within the PCC’s control, a portion of the grant from Torbay Council received in 2010 (£83,156) may have to be repaid. _ANNUAL CHURCH MEETING MAY 2023_ _Page 10_ ## **4. Payments to PCC members** No member of the PCC received any salary or expenses in connection with their role on the PCC. ## **5. Staff Salaries / Payments** **3** staff were employed by the Church/Church Centre, gross salaries paid out during the year being **£36,106. 6** staff were employed by the Pre-School, gross salaries paid out during the year being **£93,788** . Pension contributions on behalf of **5** eligible employees were paid to the Church Workers Pension Fund (CWPF) in line with current UK Pension legislation (included in salary figures above). ## **6. Funding from Friends of St Matthias** During the year the Friends of St Matthias, a charity set up for the sole purpose of supporting the church via the funding of various works, contributed the following: Church Centre Energy Saving Sensor lighting. 1814 Additional CCTV Security Camera 450 New Cooker, Fridge & Freezer for Hall Kitchen 2954 Church Quinquennial Report repairs 1538 North Porch automatic door repairs 1074 Bell Tower Pigeon Proofing 4883 Mobile Noticeboards 2520 **£15,233** ## **7. Income and Expenditure – Details** Pages 15-18 show a categorised breakdown of all income and expenditure with comparative figures for 2021. Page 19 shows a 1 page summary of the day to day ‘operational’ income and expenditure in our 3 main areas of operation i.e. Church, Church Centre and Pre-School. This excludes Legacy Income, Restricted and Designated Funds and therefore shows a much more realistic picture of our financial performance in those 3 areas. ## **8. Reserves Policy** It is a requirement of the Charity Commission that all registered charities should have a Reserves Policy, designed to cater for the ongoing viability of the organisation in the event of unplanned/unexpected circumstances arising. Our policy is now based on retaining 3 months’ normal expenditure made up from items considered to be essential in the event of unexpected circumstances preventing us from running one or more of the three separate entities that comprise the St Matthias Church registered charity. The amount that has been calculated for this purpose, including an appropriate amount for contingency purposes, is £70k-75k. _ANNUAL CHURCH MEETING MAY 2023_ _Page 11_ St Matthias chU￿h Balance Sheet As at: 31 December 2022 Asat 31112r2021 3111212022 Fixed assets TangttiEe Assets 1.651 1.651 1.651 1,651 Current assgts Qebtors Cash At Bank And In Hand 10.943 178.206 189,149 5,595 121.135 126,731 Liabllitles Credltors: ATnounts Falling Due In One Year 12.oc 12,006 17.939 17,939 Net current assets le$s currert liabilitles 177,1 108. Totsl assets less current liabilities 178, 10.443 Totsl net assets less15obilities Represented by Unrestriclefl - General Futvjs 109,OSO 109,050 Total UnreStri￿d 88,773 De51gnated - Charity & Missionary Giving Designated - Girls Allowed Designated - Carbon Footprint RedUCt￿n Designated - Hardship Fund Oesignated - Matt$ Cats Designated -'Older People, Ministry Designaled- Soci¥l Core 24.000 11.174 618 170 799 37,310 618 Total Oesignated 1.516 Rostricted - Audiolliisual Systam Restricted - Children's Bibles Restricted - Flowers Restrtcted - Music Restricted - Yolrth Work -135 128 278 207 19,645 20.154 32.387 32.433 Total Restricted FuThJs of the Church .794 110.443 proved by PCC on 27 April 2023 and signed on its behalf by.. Rev'd J¢)hn B CC Chairl Kevin Fran s (freasurerl ANNUAL CHURCH MEETING MA Y2023 Puge 12 alemenl of Financial Aclivilies F(f the periTrJ from 01 JaThJary 2022 10 31 December 2022 UrKestricled Designated Reslricted funds Funds Funds Tolal Funds Prior year lolal F￿d$ Income and enthwrr*nls from= Donabcns legacies Income Irorn charitable acliyibes Investments oth￿ income T￿al income 195,552 192 tr36 241 8.A7 - 396.148 8.720 737 .313 67 222.5E6 192,901 241 8.257 423.986 179.125 151.265 ,8T2 369.203 9.457 18.381 ExpeTrJilure on.. Experéilure on tharilaye ￿tIVitIeS OlhH ex endilLxe Total ex endilure 331.818 2270 334.089 15.E2 6.￿2 353.364 308.107 15.162 6.382 355.635 310.081 Nd income I lexpendilurel resources bef(fe tr￿$1 62.058 15.7061 11.998 68.351 59.122 Transfers: Gross Iranslers belwen funds- in Gross Iranslers belwen funds- out Olher recogrised gains I losses Gainalosses m investhert assets Gains on revalualion Fixed assets charil Nel movemenl in funds 41.SJO 281 44.781 144.7821 87.607 187.6081 141.7821 s use 20.277 35.794 12.279 68.351 59.122 Reconcilialion OF funds TLlal Fundg bioughl forwaid 88.772 1.5 20.154 110.443 51.321 T￿al f￿d$ cwried forward 109.050 37.3 32.433 178.794 MO.443 Re￿eSented by Unreslricled General lur 110.073 110.073 89.7% DesIgr￿led Charity & Mission￿ GiwrvJ Church Re-Qi&ring IDESI Gid8 All[￿ed Hardship Fund Carb)n Foot￿1￿ Pethclion alls Ca 'Older Peorle, Ministry Social Core 450 -13]0 - 98 45]- -1.2D] -1.2D] 11.174 24.0( 618 170 799- 170- Resliicled Audidvisual SygtEm Children's Eitles -135 133 52 31559 133 usic yO￿h W￿k 207 .8 32.559 ANNUAL CHURCH MEETING MA Y2023 Puge 13 **St Matthias, St Mark & Holy Trinity, Torquay Income and Expenditure - Details by Category** ## **For the period: 1 January 2022 to 31 December 2022** ## **INCOMING RESOURCES** ## **Church Activities Income** |**Church Activities Income**|||| |---|---|---|---| ||**2022**||**2021**| |A01 - Breakfastzone (CH)||-|| |A02 - Chat at St Matts (CH)||-|| |A03 - Fees Receivable (CH)|2,960||2,004| |A05 - Home Groups (CH)||-|| |A07 - Messy Church (CH)|43||| |A07 - Messy Church (CH) Restricted|67||| |A08 - Social Core (CH)|||302| |A09 - Special Events (CH)|743||| |A10 - Minibus donations|737|-|| |A11 - Matts Cats|||158| |A12-Girls Allowed|||98| |**TOTAL FOR CHURCH ACTIVITIES INCOME**|**4,550**||**2,562**| |B01 - Hirers (CTR)|46,688||34,946| |B02 - Pre-School Printing (CTR)|1,500||1,500| |B03 - Private Photocopying (CTR)|117||65| |B04 - Sundry (CTR)|||6| |B05 - Tea & Coffee (CTR)|366||105| |B06-HMRC Furlough Grant (CTR)|0||5,347| |**TOTAL FOR CHURCH CENTRE INCOME**|**48,671**||**41,969**| |S04 - Church Re-Ordering|0||9,117| |S05 - Church Re-Ordering G/A|0||17,621| |S06-Church Re-Ordering G/A Rec'd|0||4,405| |**TOTAL FOR CHURCH RE-ORDERING PROJECT**|**0**||**31,143**| |_E01 - Friends (Agreed Funding)_|_15,233_||_2,458_| |**TOTAL FOR FRIENDS OF ST MATTHIAS**|**15,233**||**2,458**| |D01 - CAF Interest (CH)|41||| |D02 - Insurance Claims(CH)|923||| |D03 - Other Interest (CH)|199||| |D04 - Sundry Income (CH)|3,132||93| |D06 - Solar Panel FIT|4,201||| |D07-HMRC Furlough Grant (CH)|0||2,228| |**TOTAL FOR INVESTMENT & SUNDRY INCOME**|**8,496**||**2,321**| |C01 - Fees Torbay DC (PS)|101,999||80,792| |C02 - Holiday Club (PS)|9,195||9,345| |C03 - Other Income (PS)|189||106| |C04 - Parents Payments (PS)|28,293||21,837| |C06- HMRCFurloughGrant (PS)||-|| |**TOTAL FOR PRE SCHOOL INCOME**|**139,676**||**112,080**| _ANNUAL CHURCH MEETING MAY 2023_ _Page 14_ |F01 - Collections
F02 - Collections G/A
F03 - Collections G/A REC
F07 - Legacies
F08 - Misc Donations
F09 - Misc Donations G/A
F10 - Misc Donations G/A REC
F11 -* Winter Fuel Donations
F12 -* Winter Fuel Donations G/A
F13-*Carbon Footprint Reduction|100
-
5,928
4,127
1,482
1,147
5,000
15,344
5,739
4,083
2,177
11,717
544
3,647
8,695
3,025
24,000| |---|---| |**TOTAL FOR VOLUNTARY INCOME(GENERAL)**|**56,690**
**40,065**| |F21 - Planned Giving
F22 - Planned Giving G/A
F23 - Planned Giving G/A REC
F24 - PGS Planned Giving
F25- PGSPlanned Giving G/A|470
400
13,400
3,514
3,350
1,102
5,691
5,471
108,869
109,557| |**TOTAL FOR PLANNED INCOME(GENERAL)**|**131,780**
**120,044**| |F31 - *Youth Work
F32 - *Youth Work G/A
F33 - *Youth Work G/A REC
F34 - *PGS Youth Work G/A
**TOTAL FOR VOLUNTARY INCOME (YOUTH)**
F56 - *Youth Bank
F57 - *Youth Bank G/A
F58- *Youth Bank G/A REC|0
877
2,600
2,555
650
706
15,514
12,201| ||**18,764**
**16,339**| ||-
-| |**TOTAL FOR VOLUNTARY INCOME(YOUTH BANK)**|**0**
**0**| |F47 - *Children's Bibles
F48 - *Children's Bibles G/A
F49 - *Children's Bibles G/A REC
F51 - *Easter Eggs G/A
F52 - *Easter Eggs G/A REC
F54- *Flowers G/A|0
105
-23
112
22
90
5
20| |TOTAL FOR VOLUNTARY INCOME(OTHER RESTRICTED)|**114**
**217**| ||| |**TOTAL INCOMING RESOURCES**|**423,986**
**369,203**| _ANNUAL CHURCH MEETING MAY 2023_ _Page 15_ ## **OUTGOING RESOURCES** |G01 - Charity & Mission Giving|14,500||14,200| |---|---|---|---| |G08-Warmspace and Hardship Fund expenditure|545||| |**TOTAL FOR CHARITY & MISSION GIVING**|**15,045**||**14,200**| |J01 - Bank Charges (CH)|170||207| |J02 - Printing, Post & Stationery (CH)|5,176||5,713| |J03 - Salaries & NI (CH)|13,913||13,533| |J04 - Sundry Expenses (CH)|4,839||4,084| |J05 - Telephone - Alarm line (CH)||-|| |J06-Book Keeping|1,535||888| |**TOTAL FOR CHURCH ADMINISTRATION**|**25,633**||**24,425**| |P01 - Consumables (CTR)|4,482||1,949| |P02 - Electricity (CTR)|2,927||2,400| |P03 - Fire & Intruder Alarms (CTR)|||774| |P04 - Gas (CTR)|2,119||1,622| |P05 - Insurance (CTR)|2,934||2,847| |P06 - Maintenance & Repairs (CTR)|9,208||3,608| |P07 - Salaries & NI (CTR)|22,193||20,367| |P08 - Sundry Expenses (CTR)|821||1,044| |P09 - Telephone (CTR)|1,128||612| |P10 - Waste Services (CTR)|3,454||3,144| |P11 - Water (CTR)|436||291| |P12-Window Cleaning (CTR)|620||425| |**TOTAL FOR CHURCH CENTRE COSTS**|**50,322**||**39,083**| |K01 - *A/V Equipment|135||1,022| |K02 - Insurance (CH)|2,940||3,347| |K03 - Electricity (CH)|3,027||2,400| |K04 - Fire & Intruder Alarms (CH)|1,149||1,300| |K05 - *Flowers|170||| |K06 - Garden - General Maintenance (CH)|528||| |K07 - Gas (CH)|4,599||3,410| |K08 - Maintenance & Repairs (CH)|15,363||3,718| |K09 - Organ Maintenance|0||624| |K10-Piano Tuning|79||49| |**TOTAL FOR CHURCH MAINTENANCE**|**27,990**||**15,870**| |S01 - Project Costs (Re-Ordering)|0||-767| |S02 - Professional Fees (Re-Ordering)|0||-2,500| |S03-Sundry Expenses (Re-ordering)|0||304| |**TOTAL FOR CHURCH RE-ORDERING**|**-**|**-**|**2,963**| |G02-Common Fund|100,857||100,512| |**TOTAL FOR COMMON FUND**|**100,857**||**100,512**| |G04 -Governance (IndependentExaminer)|630||600| |**TOTAL FOR GOVERNANCE COSTS**|**630**||**600**| _ANNUAL CHURCH MEETING MAY 2023_ _Page 16_ |L01 - *Advent Calendars|0||194| |---|---|---|---| |L02 - *Children's Bibles|245||211| |L03 - Breakfastzone|0||26| |L05 - Clergy Expenses|2,507||2,523| |L08 - *Easter Eggs|0|-|| |L10 - Messy Church|420||| |L11 - *Music|155|-|| |L12 - Other Outreach|2,539||2,701| |L14 - Service Upkeep - Other|1238||290| |L15 - Service Upkeep - Wafers & Wine|228||124| |L18 - Minibus|566||1,268| |L19 - Chat at St Matts|0|-|| |L22-Matts Cats|0|-|| |**TOTAL FOR MINISTRY COSTS**|**7,898**||**7,337**| |R01 - Consumables (PS)|0||67| |R02 - CRB Charges (PS)|0||76| |R04 - Equipment, Materials & Books (PS)|2,339||4,680| |R05 - Gifts (Children & Staff) (PS)|0||132| |R06 - Insurance & Learning Alliance (PS)|626||590| |R07 - Outings (PS)|321|-|| |R08 - Printing, Postage & Stationery (PS)|1,598||1,535| |R09 - Rent (Pine Room) (PS)|15,000||15,000| |R10 - Salaries & NI (PS)|93,788||73,609| |R11 - Staff Reporting Systems (PS)|59|-|| |R12 - Staff Training (PS)|472||1,306| |R13 - Sundry Expenses (PS)|6,236||7,329| |R14 - Telephone (PS)|125||112| |R16-Bank Charges (PS)|81||96| |**TOTAL FOR PRE-SCHOOL COSTS**|**120,645**||**104,532**| |G05 - Solar Panel Loan (Interest)|24||146| |G06-Solar Panel Loan (Capital)|0||3,206| |**TOTAL FOR SOLAR PANEL LOAN**|**24**||**3,352**| |M02 - *Youth Bank|366||336| |**TOTAL FOR YOUTH BANK**|**366**||**336**| |M01 - *Young Children Exp|2,185||2,938| |M03 - *Youth Work Exp|624||-143| |M05- *Youth Worker Fees/Salary|3,396||| |**TOTAL FOR YOUTH WORK**|**6,205**||**2,795**| ||||| |**TOTAL OUTGOING RESOURCES**|**355,635**||**310,081**| _ANNUAL CHURCH MEETING MAY 2023_ _Page 17_ Operating Income & Expenditure Summary Jan to Dec 2022 (Church , Centre & Pre School) Excluding Legacy Income, Restricted & Designated Funds |**Church Income**
Church Activities
Other Income
HMRC Furlough Grant
Voluntary Income (overall)
_General Giving_
_Planned Giving_
**Sub Total(Church)**|2022
3,679
8,591
0
147,650
_15,870_
_131,780_
**159,920**|2021
2022 v 2021
2,306
1,373
191
8,400
2,228
-2,228
144,765
2,885
24,721
-8,851
120,044
11,736
**149,490**
**10,430**| |---|---|---| |**Church Centre Income**
Hirers
Other income
HMRC Furlough Grant
**Sub Total(Centre)**|46,688
1,983
0
**48,671**|34,946
11,742
1,675
308
5,347
-5,347
**41,968**
**6,703**| |**Pre - School Income**
Council Fees
Parents Payments
Other income
**Sub Total(Pre - School)**|101,999
37,488
189
**139,676**|80,791
21,208
31,182
6,306
106
83
**112,079**
**27,597**| |||| |**TOTAL INCOME**|**348,267**|**303,537**
**44,730**| |**Church Expenditure**
Church Administration
Church Maintenance
Common Fund
Governance
Ministry
Other expenses (inc loan)
**Sub Total(Church)**|25,633
27,685
100,857
630
7,078
24
**161,907**|24,425
-1,208
14,847
-12,838
100,512
-345
600
-30
6,931
-147
3,353
3,329
**150,668**
**-11,239**| |**Church Centre Expenditure**
Salaries & NI
Maintenance
Other expenses|22,193
9,208
18,921|20,367
-1,826
3,608
-5,600
15,105
-3,816| |**Sub Total(Centre)**|**50,322**|**39,080**
**-11,242**| |**Pre - School Expenditure**
Salaries & NI
Other expenses
**Sub Total(Pre School)**|93,788
26,477
**120,265**|73,609
-20,179
30,920
4,443
**104,529**
**-15,736**| |||| |**TOTAL EXPENSE**|**332,494**|**294,278**
**-38,216**| |Church (Surplus/Deficit)
Centre (Surplus/Deficit)
Pre School (Surplus/Deficit)|-1,987
-1,651
19,411|1,177
-
810
-
2,886
4,537
-
7,548
11,863| |**TotalSurplus /Deficit**|**15,773**|**9,257**
**6,516**| _ANNUAL CHURCH MEETING MAY 2023_ _Page 18_ ANNUAL CHURCH MEETING MA Y2023 Puge 19