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← The Parochial Church Council Of The Ecclesiastical Parish Of St Matthias', Torquay, Devon

2023-12-31-accounts

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 2023

ANNUAL CHUFICH MEETING MA Y2023

C O N T E N T S

Administrative information Page 2-3
Structure, Governance and Management Page 4
Objectives and Activities Page 5
Achievements and Performance Page 5
Review of the Year Page 5-7
Safeguarding Page 7-8
Secretary’s Report Page 8
Churchwardens’ Report Page 8-9
Deanery Synod Report Page 9
Financial Review Page 10
Independent Examiner’s Report Page 11
Notes to the Accounts Page 11-12
Balance Sheet Page 13
Statement of Financial Activities Page 14
Income & Expenditure Summary Page 15-17
Fund Breakdown Page 18
Notes to Financial Statements Page 19

ANNUAL CHURCH MEETING MAY 2024

Page 2

Parish of St Matthias, St Mark and Holy Trinity, Torquay Annual Report of the Parochial Church Council for year ended 31st December 2023 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 2023 until the date of this report are:

Incumbent: Rev’d John Beckett Lay Vice Chair: Cheryl Bevins (from May 2023) Paul Stannard (until May 2023) Associate minister: Rev’d Paul Barton Curate : Rev’d Claire Reynolds (from Sept 23) Wardens: Cheryl Bevins Clare Whittaker Secretary: Suzy Wright Treasurer: Kevin Francis (from March 2023; Tony Barratt until March 23) Reader:

Representatives on the Deanery Synod: (ex-officio) David Wilkinson (Diocesan Synod Rep) David Hodson Elected members: Ali Buckley Sylvia Barratt Tessa Barton Keith Broome Natasha Dickson Mike Higgins David Pinnell (left Dec 23) Sue Newman Paul Stannard Co-opted members Sue Davies (Safeguarding Rep)

ANNUAL CHURCH MEETING MAY 2024

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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 and Vice Chair), Clare Whittaker (Churchwarden),

Kevin Francis (Treasurer), Suzy Wright (Secretary)

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 co-operation 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

Facilities Management Action Group (previously 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 Sherriff

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

ANNUAL CHURCH MEETING MAY 2024

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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

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

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 2023, there were 181 parishioners on the Church Electoral Roll. This year (May 23) we have reported 174 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. Since Covid there has been a reduction in in-person attendance. Our 2023 participation number was 160 compared with 157 in 2022.

Review of the Year

Church services have returned to a mostly normal structure and attendance continues to pick up since the pandemic. The Prayer Book 8am Communion service has continued with a steady attendance. 11am service attendance has been reasonably strong but 0930 services have fluctuated. The first 0930 service of ANNUAL CHURCH MEETING MAY 2024

Page 5

the month is proving popular with breakfast included! Our Wednesday morning Holy Communion continues to have a small but faithful following. We continue to have a steady online following at the 11am service of perhaps 20- 30 people. The monthly ‘Praise @ 5.30pm’ service has a growing following and been recently invigorated with young people taking the lead of this service once more.

Here are some highlights:

ANNUAL CHURCH MEETING MAY 2024

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The Parochial Church Council (PCC) is responsible for overseeing the work of the church. Throughout 2023 and to date the PCC have met mostly bi-monthly – meetings primarily in person. From January to December 2023 the PCC held 6 meetings during the year, all in person. The average attendance at PCC meetings was 75%. 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:

Safeguarding :

Sue Davies continued in the role of Safeguarding Officer and is also a member of the Diocesan Safeguarding Board.

Safeguarding is everyone’s responsibility and concerns must always be shared

ANNUAL CHURCH MEETING MAY 2024

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One of the roles of the safeguarding officer is to be available to give advice to anyone in church if there are any safeguarding concerns. The Diocese provides a supportive role in this.

Information regarding Safeguarding can be found on the first page of our website and contact numbers are available on church noticeboards. The Domestic Abuse posters with tear off phone numbers are displayed in the toilets and they appear to be used.

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.

Training at all levels focuses on the principles of:

Recognise – Respond – Record – Refer

Sue Davies, Safeguarding Officer, May 2024

Report from PCC Secretary: So many good things are happening here at St Matthias.

The Chairs and members of all of the Action Groups (see list on page 4 of this report) meet to help it carry out its many responsibilities in the numerous and varied aspects of the life of St Matthias. The action groups continue to provide a structure within which the church can continue to thrive. 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. Please pray for our groups and their leaders. If you feel encouraged to support them or get involved in one of the groups, please speak to group chairs or staffing team.

The Friends of St Matthias work closely with the PCC. The PCC would like to record their thanks for the financial support they receive from the Friends.

The PCC would like to record its appreciation of the leadership of our Rector, John Beckett, ably supported by Paul Barton and Claire Reynolds; our retired clergy, and other lay ministers, our Churchwardens, Cheryl and Clare, 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 2024

Churchwardens’ report to the 2024 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. We have welcomed Claire Reynolds and her family this year, as she works towards completing her Curacy. We have been blessed with Dallas Ayling joining the team too. I am sure you would agree with us that we, as a church family are already benefiting from both of their ministries.

We were so glad to see that our Christmas services were again 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 again 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, cleaners, flower arrangers, welcomers at services, pastoral visitors and so many ANNUAL CHURCH MEETING MAY 2024

Page 8

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 seen the Warm Space initiative, set up last year in response to the cost-of-living crisis continue with a rebranding – “Welcome Space”. Every Wednesday lunchtime the church is opened to members of our local community, providing soup, chat, and friendship. We continue to host the Ukrainian Support Group each week too.

In December we were delighted to host the successful Eco Fest event, welcoming Ruth Valerio from Tearfund along with other local contributors. It was great to welcome members of our church, the local community, and local schools to learn about ways in which we can steward our environment, even by making small changes. In Autumn 2023, following much hard work behind the scenes by members of our Eco Group we were awarded the A Rocha Eco Church Bronze Award. We are now looking at improvements that we need to make to the running of the church and centre to work towards achieving the Silver Award. One major project that we are looking to undertake later this year is the replacement of the Peter Larkin Church Hall roof and the fitting of Solar Panels, with a potential later addition of batteries.

Clare and Cheryl, Churchwardens, May 2024

Report of the Meetings of Deanery Synod

Your lay representatives are David Hodson and David Wilkinson (Deanery Secretary). Giles Fearnley (Deanery Lay Chair) is a co-opted member and members of our parish clergy also attend. Since the last Annual Report there have been three 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:

Further details of all deanery business may be obtained from David Wilkinson Torbay Deanery Secretary, May 2024

ANNUAL CHURCH MEETING MAY 2024

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Financial Review

The Balance Sheet (Page F1 of the Accounts package) is lower than last year due to lower cash assets (£171,779 cf .£178,207 in 2022) plus creditors of £11,686 due to prepayments received in 2023 for 2024. The combined effect of these reduced our Unrestricted Funds figure from £107,399 to £90,081.

The other significant figure on the Balance Sheet is the amount of money in the Restricted Fund for Emerging Generations Leader, up from £32,388 in 2022 to £43,260 at the end of 2023.

The Statement of Financial Activities (SOFA) on Page F2 , 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 F5 to F9 showing a breakdown against all the booking categories that we use.

2023 proved to be a hard year for the church finances as the effect of the cost of living crisis affected the level of giving combined with the large increases in gas and electricity costs. This has resulted in an operational deficit for the year of £22,797. Some of the major factors that contributed to this , referencing the three areas of operation, were:

The overall voluntary income was £138.6k , down from last year’s figure of £147.6k . In terms of expenditure, gas costs increased by 10.4k but our electricity costs became a credit due to a rebate for paying incorrect VAT rate in previous years and energy generated and returned to the grid by our solar panels. Church Maintenance was down by 9.4k though part of the 2022 figure was covered by a Friends payment. Also, as in previous years, we paid our Common Fund contribution to the Diocese in full, which was £95.2k . Charity & Mission Giving has also been included in Church expenditure which was 8.5k . The net result was a net deficit of £17.1k over the year between church income and expenditure.

(ii) Church Centre

Income from hirers was up to £52.1k from £46.6k in 2022. Total Church Centre income was up £7.2k from 2022. Gas costs more than doubled to 4.6k but the centre benefited as well from the electricity rebate and energy return from the solar panels to show a credit. ln total there was a small increase in expenditure of 2.4k resulted in a net surplus of £3.1k 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 only marginally up this year by £3.2k . Higher staffing costs due to increasing hourly rates to reflect the jump in inflation and the cost of living crisis resulted in an increase in the overall expenditure figure of £22.5k . This has meant that the Pre-School net position for the year was a deficit of 8.7k.

I would like to thank Trudy Guy, our book keeper for all of the accounts administration tasks and invoice payments. 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 does not impact on church funds (as, basically, what comes in goes out). The accounting rules we operate 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 this difficult year. The response to the giving appeal from September was truly amazing and that has helped the church to recover from a serious financial situation in the first half of 2023. 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 2024

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Indgpendent ExBmlnar'B Report to th• TTU$teeg of Tho Paro¢hlal Chureh Coun¢ll ol St Matthlos, St Mark and Holy Trlnlty, Torquay I rwtto Ihe charfty trustees on my examlnaoon ofthe actount8 of th8 dwrfty forthe ye8r ended 31 tl8camb8r2023. Responslblllti06 and basls of roport A5 the tharty's tru51ees you are r88rKJnslbie for the praparatlon of the acwunts In aiwrdanc8 ith the rwuirernents of CharflesAct 20111'lh8AcYI. I report In reSp￿t of my examSnabon of tho thartty's acc¥)unts carrfed out uTh1Ér secuon 145 of th8Acl arKI In ￿8n￿r￿j out my 8xamln8tk)n I have fouowed all tha applkable Dlrecllon$ glven by th8 Charty Comrnlsslon under Sec￿on 14515llbl of IhaAct. Indopendent exawAnor'8 Statsment I totthrm thall amqualifiedtoundert8keth?tsxaminalon because l am a M￿bar￿fthB ICAEW.vthlc IS0￿ oflhellslpd boyles. I hav8tr)mpleted my exatninaiion. I wnfimTr that no materfalmattars havÈ(xJme to rnyattenUw in wnnecuon w1thth•8xa￿hati0n glvlng me caus8 to believe that In any malerial respect.. 1. a(wunling record8 were not kept In r8spei# of the charty 88 requlred by 8edi¢n 130 of theA4 or 2. ￿ accounts do not accord with those records", or 3. Ihe 8ccounts do not wrTrply Wth the applicable requlrements Mncernlng Ihe lom and cont)l of acLounls 59t out In ChariUaslActhuTrls and R8porlsl RBgulations 2008 olhErihan any requlr8mentthalts accounts gfve a'true 8rnlf81r￿Vw￿￿ch Is not a matter consIder￿ a5 part of an Independent examinatitin. I hav8 no (Xm￿rnS and have wme across ntr other matters In t￿ne¢￿On &xamIna￿0rf to %thi¢h aitenbon thuld b dra¥m In thk8 reptrt in order ¢0 8n)18 a proper uThJerstandlng of thfracuunts to be rBac*8d. Slgn8d.' Mlchael Yeung FCA Peplow5 ￿MIted Moorgate Hcu88 ng Slreel NewtonAbbott Devon TQ12 2LG 29Apr#2024 ST MATTHIAS, ST MARK and HOLY TRINITh, TORQUAY Notes to thè Accounts 2023 1. Basls of Financial Statem6nts Thg charity con5titulgs a public ben&fil entity as defined by FRS 102, These finallcial statemants have been prepared under the Church Accounting Regulations 2006 in occordance with Accounting and Reporting by Charities". Staternenl of Recomtnendgd Practs'ce Bpplie8ble to charities preparfng th8ira¢counts in a¢cordancewth the Finan(ial Reporting St8nd3rd applicable in the UK and R8publi¢ of Ireland issued in Octob8r2019, the Financial Reporbng StandaTd applicable In the United Klngdoffl and Republlc of Ireland IFRS 1021, the Chariligs Act 2011 and UK Gengrally Accepted A¢counllng Pr8ctice. They have been prepared on an accruals basis under the historical cost convantion and Include all Iransactlons. ass8ls and Ilabilities forwhieh th8 PCC is responsible ￿n law. They do not include the accounts ol church groups that Owg their main affiliation to anoth8r body, nor those that are infomial gathering5 Of church tnernbers. The charity is rggistered in England and Wales and dotai15 of the wistered office can be found in the admln infomiation section. Thg fvnctional and prgsentalional currency is COnSEdor9d lo be PDund8 Sterflng, the accounts arè roundgd to the fvll tKJund. 2. Accounting policies lal Fund Accounting lil Restrfcted Funds comprise lal Incornefrom end0￿8￿ts whlch Is to be expended only on the restricted purpos8S Intended by the donor and Ibl revenue donations or grants for a specific PCC activity intand6d by the donor. 1111 Unrestrkted Funds are income fund$ which are lo bg spent on thè PCC'8 general purposes. 11111 D$5ignaled Funds ara g9neral funds set aside by the PCC for use Sn th6 futurg. ANNUAL CHURCH MEETING MA Y2024 Puge 11

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. Debtors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

4. 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.

5. Payments to PCC members

No member of the PCC received any salary or expenses in connection with their role on the PCC.

6. Staff Salaries / Payments

3 staff were employed by the Church/Church Centre, gross salaries paid out during the year being £36,497. 6 staff were employed by the Pre-School, gross salaries paid out during the year being £111,106.

Pension contributions on behalf of 4 eligible employees were paid to the Church Workers Pension Fund (CWPF) in line with current UK Pension legislation (included in salary figures above).

The number of employees whose total employee benefits fell within the £10,000 - £60,000 band was 0.

7. 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:

Roof Repair £1,406 Boiler Repair £1,767

8. Income and Expenditure – Details

Pages 16-19 show a categorised breakdown of all income and expenditure with comparative figures for 2022.

9. 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 2024

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St Matthias. St Mark & Holy Trinity. Torquay Balance Sheet (Summary) As At: 31 December 2023 AB•t 31112123 Atsat 31112122 Flxod a8l6t• Currentasiel• Debtors CashAI BankAnd In H8n¢ 1,980 171,779 173,756 10.943 178.207 189.150 Liabilitles CrediloTS' Amounts Fallino In OnB Year 11,687 11,667 12.007 Net GUfPBnt aB6ets less culrenl liabilitie5 1TI,143 Total assets le55 cUr￿￿t Iia¥Alitses Llabllltkn 162,072 177,143 TDtal nel assets I￿S lithlitses R•pYeg8nt¢d by Unr•$tri¢t8d 177.143 Unreslddfjd- General Funds Total Unre%trlct¢d 107.399 90,081 DBslgnatod D8signal8d- Charity & mission￿GIVIng t)esignaled- Girfs AllowEd Design8led- H¥rd$hip Fund Designated- Malls Cats D8signaled-'OlderPeople' Ministry tksignaled- R￿UcIng ca￿On Footprlni t)esign8ied- So¢i81 Core Total Deslgnaled 18.0501 98 10,314 450 619 170 24.000 800 24,000 28.589 Ro•trlctsd Re51ricted. AudK)IV￿uaI Sysl Re&lncled- Emerging Group Leader Re$iriGtèd- Fk)WqfS Reslncted- Music Total Re8irid8d 43.2 142 32,388 12B 53 32,434 Funds of Ihe Church 162.072 177,143 Approved tyy Ihe PCC on 29th Aprfl and #iyn•d its behalf by-. Rev John 8eckett (Chair} Kevin F ncis (Treasurer) ANNUAL CHURCH MEETING MA Y2024 Puge 13

St Matthias, St Mark & Holy Trinity, Torquay Statement of Financial Activities For the period from 01 January 2023 to 31 December 2023

Unrestricted Designated Restricted Total Prior year
funds funds funds funds total funds
Income and endowments from:
Donations and
legacies 142,623 905 14,012 157,541 222,586
Income from charitable
activities 189,541 0 0 189,541 192,901
Investments 1,678 0 0 1,678 241
Other income 0 0 0 0 8,257
Total income 333,842 905 14,012 348,760 423,986
Expenditure on:
Expenditure on
charitable activities 345,172 9,628 3,043 357,844 353,364
Other expenditure 5,988 0 0 5,988 3,923
Totalexpenditure 351,160 9,628 3,043 363,831 357,287
Net income / (expenditure)
resources before transfer (17,318) (8,723) 10,969 (15,071) 66,700
Transfers:
Gross transfers between funds -
in 0 0 0 0 71,781
Gross transfers between funds -
out 0 0 0 0 (71,781)
Other recognised gains / losses
Gains/losses on investment
assets 0 0 0 0 0
Gains on revaluation, fixed
assets, charity's ownuse 0 0 0 0 0
Net movement in funds (17,318) (8,723) 10,969 (15,071) 66,700
Reconciliationof funds
Total funds broughtforward 107,399 37,311 32,434 177,143 110,444
Total funds carried forward 90,081 28,588 43,403 162,072 177,143
Represented by
Unrestricted
General fund 91,104 0 0 91,104 108,422
Designated
Charity & Missionary
Giving 0 (8,050) 0 (8,050) 450
Girls Allowed 0 98 0 98 98
Hardship Fund 0 10,314 0 10,314 11,174
Matts Cats 0 1,119 0 1,119 619
'Older People' Ministry 0 308 0 308 170
Reducing Carbon
Footprint 0 24,000 0 24,000 24,000
Social Core 0 800 0 800 800
Restricted
Audio/Visual System 0 0 0 0 (135)
Emerging Group
Leader 0 0 43,432 43,432 32,559
Flowers 0 0 147 147 133
Music 0 0 1 1 53

ANNUAL CHURCH MEETING MAY 2024

Page 14

St Matthias, St Mark & Holy Trinity, Torquay Income and Expenditure - Details by Category For the period: 1 January 2023 to 31 December 2023 INCOMING RESOURCES

INCOMING RESOURCES
2023 2022
A03 - Fees Receivable (CH (Church)) 1,986 2,960
A04 - Heat & Light Contributions (CH) 14 0
A07 - Messy Church (CH) 113 112
A09 - Special Events (CH) 706 743
A10-Minibus donations 0 737
TOTAL FOR CHURCH ACTIVITIES INCOME 2,819 4,550
B01 - Hirers (CTR (Centre) 52,102 46,689
B02 - Pre-School Printing (CTR) 0 1,500
B03 - Private Photocopying (CTR) 125 118
B04 - Sundry (CTR) 53 0
B05-Tea & Coffee (CTR) 406 366
TOTAL FOR CHURCH CENTRE INCOME 52,686 48,671
C01 - Fees Torbay DC (PS (Preschool ) 95,963 101,999
C02 - Holiday Club (PS) 12,788 9,195
C03 - Other Income (PS) 255 189
C04 - ParentsPayments (PS) 25,031 28,293
TOTAL FOR PRE SCHOOL INCOME 134,035 139,677
D01 - CAF Interest (CH) 1,598 41
D02 - Insurance Claims (CH) 0 923
D03 - Other Interest (CH) 81 200
D04 - Sundry Income (CH) 0 3,133
D06 - Solar Panel FIT (Feed in Tariff) 0 4,201
J10: Credit Card charges deducted from Card receipts -37 0
TOTAL FOR INVESTMENT& SUNDRY INCOME 1,642 8,496
E01-Friends (Agreed Funding) 3,173 15,233
TOTAL FOR FRIENDS OF ST MATTHIAS 3,173 15,233
F01 - Collections 656 100
F02 - Collections G/A 2,905 5,928
F03 - Collections G/A REC -970 1,482
F04 - Gift Day 2,350 0
F05 - Gift Day G/A 4,978 0
F07 - Legacies 0 5,000
F08 - Misc Donations 2,731 32,739
F09 - Misc Donations G/A (Gift Aid) 10,583 2,178
F10 - Misc Donations G/A REC 2,013 544
F11 - Hardship fund and Winter Fuel Donations 287 5,695
F12 - Hardship fund and Winter Fuel Donations G/A 619 3,025

ANNUAL CHURCH MEETING MAY 2024

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F13-Hardship fund and Winter Fuel Donations G/A REC 744 0
TOTAL FOR VOLUNTARY INCOME(GENERAL) 26,895 56,690
F21 - Planned Giving 1,070 470
F22 - Planned Giving G/A 4,656 13,400
F23 - Planned Giving G/A REC 120 3,350
F24 - PGS Planned Giving 3,563 5,691
F25- PGSPlanned Giving G/A 103,949 108,869
TOTAL FOR PLANNED INCOME(GENERAL) 113,358 131,780
F31 - *Youth Work 422 0
F32 - *Youth Work G/A 1,553 2,600
F33 - *Youth Work G/A REC (Received) 101 650
F34- *PGS Youth Work G/A 11,850 15,515
TOTAL FOR VOLUNTARY INCOME(EGL) 13,926 **18,764 **
F41 - *Audio/Visual 135 0
F48 - *Children's Bibles G/A 0 -23
F49 - *Children's Bibles G/A REC 0 23
F51 - *Easter Eggs G/A 26 90
F52 - *Easter Eggs G/A REC 6 5
F54 - *Flowers G/A 53 20
F55- *Flowers G/A REC 5 0
TOTAL FOR VOLUNTARY INCOME(RESTRICTED/DESIGNATED) 225 115
TOTAL INCOMING RESOURCES 348,760 423,986
OUTGOING RESOURCES
G01 - Charity & Mission Giving 8,500 14,500
G08- Welcomespace andHardshipFund expenditure 1,766 545
TOTAL FOR CHARITY& MISSION GIVING 10,265 15,045
G02-Common Fund 95,268 100,857
TOTAL FOR COMMON FUND 95,268 100,857
J01 - Bank Charges (CH) 88 170
J02 - Printing, Post & Stationery (CH) 4,235 5,176
J03 - Salaries & NI (CH) 14,703 13,914
J04 - Sundry Expenses (CH) 3,628 4,840
J06-Book Keeping 3,958 1,535
TOTAL FOR CHURCH ADMINISTRATION 26,609 25,633
K01 - *A/V Equipment 3,651 135
K02 - Insurance (CH) 3,386 2,940
K03 - Electricity (CH) - 1,760 3,027
K04 - Fire & Intruder Alarms (CH) 1,293 1,149
K05 - *Flowers 39 170
K06 - Garden - General Maintenance (CH) 982 528
K07 - Gas (CH) 15,062 4,599
K08 - Maintenance & Repairs (CH) 3,886 15,363
K09 - Organ Maintenance 1,093 -
K10-Piano Tuning - 79
**TOTAL FOR CHURCH MAINTENANCE ** 27,631 27,990
L02 - *Children's Bibles 297 245
L03 - Breakfastzone 482 -
L05 - Clergy Expenses 1,196 2,507
L06 - Clergy Fees 245 -

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L09 - Homegroups 18 -
L10 - Messy Church 442 420
L11 - *Music - 155
L12 - Other Outreach 1,347 2,539
L14 - Service Upkeep - Other 307 1,238
L15 - Service Upkeep - Wafers & Wine 303 228
L17 - Visiting Clergy 271 -
L18 - Minibus - 138 566
L20 - Special Events 872 -
L22-Matts Cats -500-
TOTAL FOR MINISTRYCOSTS 5,143 7,898
M01 - *Young Children Exp - 993 2,185
M02 - *Youth Bank 352 366
M03 - *Youth Work Exp 1,471 624
M04 - *Youth Worker Exp 121 -
M05- *Youth Worker Fees/Salary 1,346 3,396
TOTAL FOR YOUTH WORK(EGL) (Emerging Gen Leader) 2,2966,571
P01 - Consumables (CTR) 4,846 4,482
P02 - Electricity (CTR) - 1,760 2,927
P03 - Fire & Intruder Alarms (CTR) 63 -
P04 - Gas (CTR) 4,697 2,119
P05 - Insurance (CTR) 2,863 2,934
P06 - Maintenance & Repairs (CTR) 8,237 9,208
P07 - Salaries & NI (CTR) 24,415 22,193
P08 - Sundry Expenses (CTR) 1,936 821
P09 - Telephone (CTR) 1,628 1,128
P10 - Waste Services (CTR) 3,690 3,454
P11 - Water (CTR) 1,411 436
P12-Window Cleaning (CTR) 725 620
TOTAL FOR CHURCH CENTRECOSTS 52,750 50,322
R02 - CRB Charges (PS) 21 -
R04 - Equipment, Materials & Books (PS) 4,607 2,339
R06 - Insurance & Learning Alliance (PS) 590 626
R07 - Outings (PS) - 321
R08 - Printing, Postage & Stationery (PS) - 1,598
R09 - Rent (Pine Room) (PS) 15,000 15,000
R10 - Salaries & NI (PS) 119,436 93,788
R11 - Staff Reporting Systems (PS) - 59
R12 - Staff Training (PS) 1,681 472
R13 - Sundry Expenses (PS) 1,274 6,236
R14 - Telephone (PS) 99 125
R16-Bank Charges (PS) 60 81
TOTAL FOR PRE-SCHOOL COSTS 142,768 120,645
G04 -Governance (IndependentExaminer) 1,098 630
TOTAL FOR GOVERNANCE COSTS 1,098 630
G05 - Solar Panel Loan (Interest) - 24
G06-Solar Panel Loan (Capital) - -
TOTAL FOR SOLAR PANEL LOAN - 24
TOTALOUTGOING RESOURCES 363,828 355,635

ANNUAL CHURCH MEETING MAY 2024

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St Matthias, St Mark & Holy Trinity, Torquay Fund breakdown Period: 01 January 2023 to 31 December 2023

Fund Fund balances Incoming Outgoing Transfers Gains and Journal Fund balances
brought forward Resources Resources Losses Entries Carried forward
Audio/Visual
Restricted (135) 135 - - - - -
Sub-totals (135) 135 - - - - -
Reducing Carbon footprint
Designated 24,000 - - - - - 24,000
Sub-totals 24,000 - - - - - 24,000
Charity Mission Giving
Designated 450 - 8,500 - - - (8,050)
Sub-totals 450 - 8,500 - - - (8,050)
Emerging Generations Leader
Restricted 32,387 13,824 2,952 - - - 43,260
Sub-totals 32,387 13,824 2,952 - - - 43,260
Girls Allowed
Designated 98 - - - - - 98
Sub-totals 98 - - - - - 98
Hardship Fund
Designated 11,174 905 1,765 - - - 10,313
Sub-totals 11,174 905 1,765 - - - 10,313
St Matts Cats
Designated 618 - (500) - - - 1,118
Sub-totals 618 - (500) - - - 1,118
Social Core
Designated 799 - - - - - 799
Sub-totals 799 - - - - - 799
Flowers
Restricted 128 53 39 - - - 142
Sub-totals 128 53 39 - - - 142
MS
Restricted 52 - 52 - - - 0
Sub-totals 52 - 52 - - - 0
Older People Ministry
Designated 170 - (138) - - - 307
Sub-totals 170 - (138) - - - 307
General Funds
Unrestricted 107,398 333,842 351,160 - - - 90,080
Sub-totals 107,398 333,842 351,160 - - - 90,080
Totals 177,143 348,759 363,831 - - - 162,071

ANNUAL CHURCH MEETING MAY 2024

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St Matthias, St Mark & Holy Trinity, Torquay

Notes to the financial statements

Notes to the financial statements
as at 31 December 2023 As at
As at
31/12/2023
31/12/2022
Cash and current
investments
Other current
assets/liabilities
Creditors more
than one year
Total		 1. Debtors
Trade debtors
2. Bank and
Cash
CAFCASH
(CHURCH)
CAFCASH (PRE-
SCHOOL)
CAFCASH
(Statutory
Account)
CAF GOLD
LLOYDS
(CHURCH)
PETTY CASH
(CHURCH
CENTRE)
PETTY CASH
(PRE-SCHOOL)
Total Current
assets
3. Creditors
Agency collections
Trade Creditors
Net Asset surplus
(deficit)
4. Analysis of net assets
between funds
Unrestricted
Funds 2023
Designated Funds
2023
Restricted
Funds
2023
£
£
£
99,786
28,588
43,403
1,980
(11,686)		 1,980
10,943
1,980
10,943
49,318
59,778
44,667
40,596
1,062
1,000
76,589
75,178
0
1,532
40
20
100
100
171,776
**178,204 **
173,756
189,147
553
324
11,133
11,682
11,686
12,006
162,071
177,143
Total 2023
Total 2022
£
£
171,777
178,207
10,943
(12,007)
90,080
28,588
43,403		 162,071
177,143

5. Trustees Remuneration / Expenses

There was no remuneration paid or expenses reimbursed to Trustees during the year or the previous year.

ANNUAL CHURCH MEETING MAY 2024

Page 19