Annual Report and Financial Statements of the Parochial
Church Council of Penkridge with Stretton
For the year ended 31" December 2022
Charity registmtion number.. 1131086

DIOCESE OF
LICHFIELD
The Parochial Church Council of Penkridge with Stretton
Trustees, Annual Report for the year ended 31st December 2022
Charity registration number 1131086
Objectives and Activities
The Parochial Church Council of Penkridge (the PCC) has the responsibility of co-operating with the
incumbent, the Reverend Greg Yerbury, in promoting in the ecclesiastical parish, the whole mission
of the Church, pastoral, evangelical, social and ecumenical. The PCC is also spiritually responsible
for the maintenance of the church.
The PCC is committed to enabling as many people as possible to worship at our church and to
become part of our parish community at Penkridge The PCC maintains an overview of worship
throughout the parish and makes suggestions on how our services can involve the many groups that
live within our parish. Our seNices and worship put faith into practice through prayer, scripture, music
and sacrament. Also, through non sacramental activities of hospitality and fellowship we aim to reach
non churched members of the community.
Public Benefit
The trustees of the PCC are aware of the Charity Commission's guidance on public benefit in The
Advancement of Religion for the Public Benefit and have had regard to it in their administration of the
Charity. The trustees believe that, by promoting the work of the Church of England in the
Ecclesiastical Parish of Penkridge it helps to promote the whole mission of the Church (pastoral,
evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in
doing so it provides a benefit to the public by..
Providing facilities for public worship, pastoral care and spiritual, moral and intellectual
development, both for its members and for anyone who wishes to benefit from what the Church
offers,. and
Promoting Christian values and service by members of the Church in and to their communities. to
the benefit of individuals and society as a whole.
Achievements and Performance
Worship and Prayer
During 2022 the pattern of the regular worship resumed to something similar to the pattern of
worship pre-pandemic some of the minor services have changed ie the 8am communion on a
Sunday is now monthly. Attendance at St Michael's during the first half of the year was an average
of about 50 but as the year went on numbers noticeably increased and at the close of the year
attendance on average was nearer 65. Numbers of Stretton have stayed at a low number of around
a 7 although when the choir re-started singing at Evensong numbers drifted upwards to about 20.

Levedale mission numbers have fluctuated between 6 and 12. The annual Harvest service at
Levedale was a success but smaller than the pre-pandemic years
Mission and Outreach
Some of the activities that the PCC carried out pre-pandemic have not restarted but the Drop In has
restarted in the church. Open Church and Saturday morning coffee. the Men's Group and Leisufely
Ladies have very active during 2022. Angelic Gardeners has continued to meet.
The subgroups that used to run activities on behalf of the PCC have now restarted.
The church website which has become moribund has been a source of some discussion and the
expectation is that 2023 a new website will exist.
Youth and Children's work
The regular Sunday school has effectively ended bLSt the monthly messy church has thrived and an
occasional Sunday school now takes place.
Church Buildings
There regular on-going repairs to the building have conlinued and there was nothing of any
significance
Financial Review
The 2022 Accounts comprises of the merged figures for Penkridge and Stretton as this constitutes
the legal entity for the PCC.
Overall receipts in 2022 were up by £15,044 to £111,265 compared to £96,221 in 2021.
The income was boosted by a generous legacy totalling £6,023.
Following the return to a full schedule of services and activities after the Coronavirus restrictions, it
was possible to achieve a significant increase in fund raising activities, particularly Café Church and
Fellowship Lunch. The total raised from Fund Raising activities during 2022 was £7,018 compared
with £955 in 2021.
A Church appeal for the DEC Ukraine Humanitarian Fund raised £671.
Overall expenses increased by £22,299 in 2022 to £114,111 compared to £91,812 in 2021.
Total expenditure on utilities in 2022 was £5,542, The breakdown was as follows:_
St Michael's
Gas
£2,050
Electricity £2,719
Water
£434
St John's
Levedale
£191
£147
Based on current energy prices, the figure for 2023 is expected to show an increase of
approximately £6,000.
The Church Hall Debt remains at £25,112.
The Parish Share previously paid to the Lichfield Diocesan Board of Finance has been replaced
from 2022 by a new system of contribution called the Common Fund. The contribution for Penkridge
was set at £62,139 for 2022. The PCC have been able to meet this Common Fund target and in

addition have paid £7,115 to reduce the shortfall of Parish Share payments accrued in 2020 and
2021 from £14,115 to £7,000.
The forecast contribution for 2023 is £63,382.
Previously the PCC has committed to an Annual Giving 100/0 tithe on unrestricted income (excluding
fees income from Weddings and Funerals and Grants) to be donated to agreed charities and
appeals. During 2022 £8,536 was donated.
Reserves Policy
It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to
at least three months unrestricted payments. This is equivalent to £27,692 {2021= £20,875). It is
held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free
reserves at the year-end was £20,459 (2021.. £17,672) including the Common Fund arrears of
£7,000 (2021.. £14,115) which is below this target. The PCC are aware of this and are hoping to be
in a position to build up reserves going fO￿ard.
Safeguarding
The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy
Discipline Measure 2016 (duty to have due regard to House of Bishops, guidance on safeguarding
children and vulnerable adults).
Reporting Serious Incidents
A Serious Incident is an adverse event, whether actual or alleged, which results in or risks
significant harm to the charity's beneficiaries, employees, office holders, volunteers or to others who
come into contact with the charity through its work, loss of the charity's money or assets, damage to
the charity's property or harm to the charity's work or reputation.
The trustees are not aware of any Serious Incidents in the last year.
Fundraising
The PCC takes it fundraising responsibilities seriously and is very grateful to all donors- whether
regular or occasional- for their support of the church and church events. PCC supporters are
never taken for granted. The PCC take full responsibility for fundraising and do not use commercial
organizations or professional fundraisers. All money raised is either by donations, fundraising
events, special appeals or legacies for which the PCC are most grateful.
Volunteers
The members of the PCC would like to thank all the volunteers who work so hard to make our
Church a lively and vibrant community. Our especial thanks go to our church wardens, the people
who look after the building and the people who have led the restarting of the Drop In who have
worked so tirelessly on our behalf and Mr Haime, who has helped us all understand the church's
accounts and its finances.
Future Plans
During 2023 the PCC wish to have its website revamped, the sub groups which have recently
restarted to make a real difference in the work of the church. With the recent influx of asylum
seekers to the church community we would hope to become more inclusive of them. In 2023 we
expect to be running a Christmas Iree festival. 2026 will mark the eight hundredth year of the

building of the current st Michael's Church and the hope is that there would be some event to mark
this and so during 2023 there would be the start of planning activities.
Risk Management
The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises
for potential hazards. We have safeguarding policies in place for child protection and for work with
vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are
reviewed annually to ensure adequate cover. An infomal review of any new risks which may impact
the work of the Church in the Parish is ongoing.
Structure, Governance and Management
The PCC is a Body Corporate established by the Church of England and is a Charity registered with
the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure
{1956) as amended that came into effect on 2n(1 January 1957, and the Church Representation
Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended).
The method of appointment of the PCC members is set out in the Church Representation Rules.
The Council comprises the Incumbent, the Churchwardens, a representative of the Readers. those
elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church
Meeting, by those on the Electoral Roll. The PCC members receive training from courses run by
the Diocese. Members of the congregation are always urged to join the Electoral Roll, and to stand
for election to the PCC.
The PCC members are responsible for making decisions on all matters of general concern and
importance in the parish, and for all financial matters. The PCC meet 9 times a year. Given its
responsibilities. the PCC has a number of sub committees, each dealing with a particular aspect of
parish life. These include Worship, Mission and Outreach. Buildings and Finance and Discipleship.
Related Parties
Donations from Related Parties
Donations from related parties (PCC members) during the year totalled £14,5QO. All these
donations were received without conditions.
Remuneration paid to Trustees
Mrs C. French, a trustee, has received £3,570 since becoming a trustee on 16th May 2022 for her
role as Church Administrator and verger. She is not involved in any PCC discussions concerning
her roles and does not vote on them.
Expenses paid to Trustees
Mr P. Haime has received £19 during 2022 to cover travelling expenses relating to the delivery and
collection of accounts for independent examination.
Reference and Administrative details
The Churches are situated in Penkridge, Stretton, Levedale and Pillaton and are part of the
Deanery of Penkridge, in the Diocese of Lichfield. The correspondence address is
The Rectory, New Road, Penkridge, Stafford. ST19 5DN
Registered charity number 1131086.
Our website address is.. www.stmichaels
enkrid
e.co.uk

PCC members who have served from 1st January 2022 (Jntil the date this report was approved
were:
ExQfficlo
The Incumbent
R￿aderS
The Reverend Greg Yerbury Ichairnian)
Mrs E Burd (until 30161231
Mr J Burd (& Deanery Syni)d) (until 3016123)
Rev A Arthur
Miss C Holden (Lfntil 1615123)
Mr D Spencer {& Vice Chair) (from 16105123)
Mrs C A￿her (frorn 16105123)
Mrs M. Maiden (until 16105123)
Mr E Hodkinson
Mr J Linney
Mrs. M Maiden
Mrs H Palfrey
Mrs C Beardmorè
Mr P Haime (Treasurer)
Mrs Carole French (from 1615122>
Mrs J Jenkins (until 1615122)
Mr D Knaggs
Mr R Maiden
Mr I Price
Mrs Mary Rose (frurn 1615r22)
Mr D Spencef (Vice Chaimanl (until 16105123)
Miss S Ulrich (until 16105123)
Mrs K Willets {until 1615122)
Mr J Archer (from 16105123}
Miss C Holden (from 1615123)
Curate
Churchwardens
Deputy W8rden
Churchwarden at
St John's
Deanery Synod Reps
Elected Members
Officer of the PCC
(attentsffleebn￿ bul doesnol wots)
Mrs M Baggot (Sgcretary)
Names and addresses of advi58r5
Bank
Lloyd5 Bank PLC
3 Market Pla￿, Cannock WS111BD
Independent
Examiner
Jonathan Hill
Lichfield Di0￿san Board of Finance,
St Marys House, The Close, Lichfield WS13 7LD
Approved by the PCC on 12th September 2023 and signed on its behalf by:
R¥verend G Yerbury (Chairnan)
Mr D Sp8ncer jChurchwarden}

Independent Examiner's report to the trusteeslmembers of The PCC of
Penkridge with Stretton
Registered charity number: 1131086
I report on the accounts for the year ended 31st December 2022 which are set out on the following
pages.
Res
ective res
onsibilities of the Trustees and Inde
endent Examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees
consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the
Charities Act) and that an independent examination is needed.
It is my responsibility
to examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the General Directions given by the Charity
Commission (under section 145{5}(b) of the Charities Act, and
lo state whether particular matters have come to my attention.
Basis of Inde
endent Examiner's Statement
My examination was carried out in accordance with the General Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented wtth those records. It also includes consideration of any
unusual items or disclosures in the accounts, and seeking explanations from the trustees
concerning any such matters. The procedures undertaken do not provide all the eviden￿ that
would be required in an audit, and consequently no opinion is given as to whether the accounts
presenl a "true and fair" view and the report is limited to those matters set out in the statement
below.
Inde
endent Examinerfs Statement
In connection with my examination. no material matters have come to my attention which gives me
cause to believe that in any material respect-
accounting records were not kept in accordance with section 130 of the Charities Act or
the accounts do not accord with the with the accounting records
I have come across no other matters in connection with the examination to which attention should
be drawn in order to enable a proper understanding of the accounts to be reached.
Signed..
Jonathan Hill FCMA CGMA
Lichfield Diocesan Board of Finan
St Marys House, The Close, Lichfield. WS13 7LD
Date:....

The Parochial Church Council of Penkridge with Stretton
st
Financial Statements for the Year Ended 31 December 2022
Accounting Policies
The financial statements of the PCC have been prepared in accordance with the Church Accounting
Regulations 2006 using the Receipts and Payments basis.
There may be minor discrepancies in the totals as the pence are not being shown.
Fixed Assets
Consecrated and benefice propety is not included in the accounts by s.10(2)(a)&{C) of the
Charities Act 2011.
Moveable church furnishings held by the Vicar 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 lat any reasonable time}. For anything acquired prior to 2000 there is insufficient
cost information available and therefore such assets are not valued in the financial statements.
Description of Funds
Unrestricted funds are income funds of the PCC that are available for spending on the general
purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or
for spending on a future project and which are therefore not included in its free reserves" as
disclosed in the trustees, annual report.
Restricted funds comprise of Iwo elements:
a) income from trusts or endowments which may be expended only on those restricted objects
provided in the terms of the trust or bequest
b) donations 01 grants received for a specific object or invited by the PCC for a specific object. The
funds may only be expended on the specific object for which they were given. Any balance
remaining unspent at the end of each year must be carried forward as a balance on that fund. The
PCC does not usually invest separately for each fund. INhere there is no separate investment,
interest is apportioned to individual funds on an average balance basis.
Endowment funds are restricted funds that must be retained as trust capital either permanently or
subject to a discretionary power to spend capital as income, and where the use of any income or
other benefit derived *rom the capital may be restrioted or unrestricted. Full details of all their
restrictions are shown in the notes to the accounts.

The Parochial Church Council of Penkridge with Stretton
st
Financial Statements for the Year Ended 31 December 2022
Receipts and Payments Account
UnresÉrieted De5ign8ted Restricted Endowment
runds
funds
funds
funds
Totgl Prlor year
funds total fund$
Receipts
Don8tions and legacips
Income from charitable ac1wrt￿S
Other trading adiwrtie5
Investments
Other incotnB
Total recelpts
89.342
10.746
6.512
3,962
93,3Q4
10.746
7,01e
198
84,001
11.042
955
506
98
120
96,221
106.700
4,565
111,265
Payments
Raising funds
Expenditure on Charrtab￿ actwiti85
Total paymeftts
356
110411
110,767
356
113.755
114,q11
813
90,999
91,812
Exce55 of roceipts over payment$ before
transfer
14,0671
1,222
12.8461
4,409
Transfvr5
Gross transfers betsveen fttnds- in
G￿5$ IransfEf5 between funds- oui
Excess of vecEipts ovèr payments before
other gains I los$es
261
261
261
14.3281
1,483
12.8461
4,409
Net movement In fvnd$
14.3281
12,8461
4,409
All assets at 01 January 2022
31.787
43,729
1.000
76,616
72.107
All •$s•ts at 31 Dec8rnber 2022
27,459
45,211
1.000
73.671
76.516
R¢pr¢sent¢d by
Unrestricted
Geneial Fund Sl John's. Str8tten
Gtneral Fund St Michael's
7,621
19.839
7,621
19,839
8,181
25.606
R8Strtcted
Bell$ Restricted
Churth Chur¢hyard- St John's Slretton
Donations for charitab￿ Giving
Friend$
Graves Restiided
Levedale Refurbkshmenl
Noah's Art( and Drop In
Qrgan Maintenan¢e
St Michaels Chyr¢h Fete Committee
89
8,434
69
8.836
8.434
25,075
3,000
2,987
2.881
2.391
374
25.075
3,000
2.987
2.881
2,391
374
24.055
3.000
2.128
2.781
2.488
374
Endowment
Littleton Grave
1.OCrtI
1.000

The Parochial Church Council of Penkridge with Stretton
st
Financial Statements for the Year Ended 31 December 2022
Statement of assets and liabilities 2022
General Dest
Rated Re$trRcted Endowrnent
ear
ear
Current a58ets- Cash at bank and In hand
Current bank account Sl Mi¢hael$
Lloyds curRnt- St John's Stretton
Friends Bank Account-
Levedale Bank Account-
Levedale Cash in Hand-
CBF deposil- St John's. Slretton
General Cash in Hand Sl Michaels-
Fees C$sh yi Hand- Sl Michae15
19,729
7.821
10,513
1,0
31,242
8.582
24.470
2.982
36,138
7,642
23,450
9.902
226
7,375
10
24,470
2.982
7.472
7,472
10
100
74.863
10
100
27,459
Totals
46.403
1,000
76,843
Ll•bililie$. Agen¢y ¥¢eounts
Agency colle¢tions-
327
327
Tot•l$
1,192
1,192
Grand cash totsl
27.4S9
4S,211
1,000
73,671
76.516
Other rronrfash 8sset8
Fixed 85sel- Levedale Misslon Chur¢h
Cuirenl 85sels- Church Hall loan
Curient liabilities- Paiish Share 2rrear8
10.000
25.112
7.000
55,571
10.000
25,112
7.000
101782
10,000
25,112
14.115
97,513
45.211
Statement of assets and liabilities 2021
Gener81 Desi
nated Restrieted Endowment
This
ear
Last
ear
Current as$ets- Cash at bank and In hand
CuirerTrt bank attuunt- St Michael'5-
Uoyd$ ¢urrent- St John's-
Friend5 BankAccount-
Levedale B#nkA¢¢ou￿t-
Levedale Cash in Hand-
CBF dÈposit- St John's-
Geneial Ca$h in Hand St Mi¢h#el's-
Fees Cash in Hand- St Michaels
25,497
6.181
9.642
1,461
23.450
1,902
226
7,375
1,000
36,138
7,842
23,450
1,902
226
7.375
10
100
76.B43
34.196
6.921
22.408
1.913
226
7.371
10
198
73.243
IOD
31,787
Totals
44.056
1.000
Cutrent assets- Debtors
ArLounts Recewabk- re bank acrA)U
322
322
Totsls
Llabilltie8- Agency accounts
Agency collections-
327
327
327
327
Totals
1,457
Grand cash total
31,787
43,729
1,000
76,516
72.107
Othor non4a5h assets
Fixed a$5et- Le¥edale ￿￿￿10￿ Church
Cumni a5sel$- Churth Hall loan
Current liabilities- Parish Share 8Ne8rs
10,000
25.172
14,1 t5
$2.784
10.000
25.112
14.115
10.000
25,232
5.843
tol 496
43.729
1.000
io

The Parochial Church Council of Penkridge with Stretton
Financial Statements for the Year Ended 31$t December 2022
Fund movement by type 2022
eni
Incomin
Out
oin
Tr2nsf¢rs G3in$/losses
Closin
BELLS- BELLS RESTRICTED
Restrictsd
fj9
59
69
69
sub.total foF 8ELLS
CHURCTrIYARD- Churchyard Malntènan¢e St
Michael'5
Restricted
1.SOO
1,600
1.500
1.500
Sub-total for CHURCHYARD
CHURCH and CHURCHYARD- St John's
Stretton
Restrict
Sub4tstal for CIIURCH and CHURCHYARD
8,836
8.836
98
98
500
500
8.434
8.434
CHURCH FEfE_ St Mlchaèls Church Fetè
Commlttee
Restricted
374
374
374
374
su￿0￿1 for CHURCH FETE
FRIENDS- FRIENDS
Restricted
24.055
24,055
1.020
1,020
25.075
25,075
Sub-total for FRIENDS
GRAVES- GRAVES RESTRICTED
Re$iri¢ied
3.000
3.000
3.000
3,000
sub.total for GRAVES
ENERAL. Gèneral Ful
Unrestrided- Sl John'$ Streiion
Unresiricted-st Michapls
Sub.totsl foy GENERAL
6,181
25.806
31,787
2.930
103.770
106,700
1.491
109.277
110.767
7,821
19.839
27,459
261
12611
GIVING. Donations for Charltable Glvlng
Restricted
672
672
671
671
Sub-total for Glvlng
LEVEDALE- LEVEDALE REFURBISHMENT
Restricted
2.128
2,128
745
745
147
147
sU￿tOtal for LEVEDALE
261
2,987
LITTLETON- LITTLETON GRAVE
Endowm?nl
1,000
I,OOD
Sub-totsl for LITTLETON
140AHS- NOAHS ARK 8 DROP IN
ReslrEted
2.781
2,781
100
100
2.881
2,881
Sub-total lor NOAHS
ORGAN- ORGAN MAINTENANCE
ResliKle
2.486
2,486
431
431
528
526
2.391
2.391
Sub4otal for ORGAN
Grand total
76,516
111,265
114.111
73,671
IJ

The Parochial Church Council of Penkridge with Stretton
St
Financial Statements for the Year Ended 31 December 2022
Fund Description
Rostricted Funds
Bells - St Michael's
For the upkeep and maintenance of St Michael's bells
Church Fele - Sl Michael's Fete Committee funds to be used for set-up costs of future fetes
Friends of St Michael's
For repairs and maintenance to the fabric of St Michael's Church
Graves - St Michael's
For the upkeep and maintenance ofthe Minshall and Wimpenny graves in St
Michael's Churchyard
For the refurbishment, upkeep ané maintenance of Levedale Mission Church
For Noah's Ark and Drop-in groups
For upkeep and maintenance of St Michael's organ
Donations and collections made for the purpose of Charitable Giving on behalf
of the Church
Levedale- St Mi¢hael's
Noahs - St Michael's
Organ- St Michael'5
Giving
Church & Churchyard
St John's
For the upkeep and maintenance of St John's Church and Churchyard
Endowment Funds
Littleton
For the maintenance of Lady Hatherton's grave
Analysis of Transfer between Funds
A transfer of £261 was rnade from St Michael's General Fund to Levedale Refurbishment Fund to reimburse
Levedale for electricity charges which had been incorrectly debited lo the Levedale Bank Account.12021.' Nil)
Fund movement by type 2021
enin
Incomin
Out
oin
Transfers Galns]]oss¢$
Closi
ELLS. BELLS RESTRICTED
Resliicted
353
353
20
1201
204
264
69
69
Sub-total for BELLS
Chur¢h and Chui¢hMatd Sl John,
Restricted
9,332
9,332
500
500
8.836
8.836
Sub-total
Chur¢h Fèts- St Mithael'$ Chureh Fetè
Restricted
374
374
374
374
Sub-lotal for Church Fele
FRIENDS- FRIENDS
Reslride
22.408
22,408
24.055
2{055
Su￿10￿1 t(>r FRIENDS
2,312
665
GRAVES. GRAVES RESTRICTEO
Re$lrlcted
3.000
3,000
3.000
3.000
sub.total forORAVES
Gènèral . General Fun
un￿$t[l¢le￿ Sl John's
Unre$iricied Si MKhael's
Sub-tolal lor General
5.261
22.423
27.704
2,566
85.020
87.S86
1.666
6.181
25.806
31,787
83,503
J2

Glv5ng- Donattons foi Charitabltr
Restricted
6,239
6,239
6,239
6,239
Subtoi81 lor fjivirtg
LEVEDALE- LEVEDALE REFURBISHMENT
R8slricted
100
100
112
112
2,128
2.128
Sub-total for LÈVEDALE
2.139
LITTLETON- u￿LEToN GK4VE
Endowrnent
S￿￿tOtal for LirrLYfoN
1.000
1,000
NOAHS- 140AHS ARK & DROP IN
Reslri¢ted
2.7B1
2,781
Sub-total for NOAHS
2,781
ORGAN. ORGAN MAINTENANCE
R&st￿cted
3.015
3,015
529
529
2.486
2.486
Sub.t¢)l¥l for ORGAN
Grand tolal
72,107
96.221
76,S16
Analysis of receipts and payments
Totsl
ear
Unrestricted Des
ated
Restricted
Endowrnent This
Last
ear
INCONIE AND ENDOWMENTS
Donations and legacios
Gift Aid- Bank
Gift Aid- Envelopes
Other planned giving
L005e plate collections
One-off Gsft gifts
Donations appeals elc
Tax recoverable ¢n Gift Aid
Legacie
Recurring grants
Non-recurring on￿ff granls
Wall Sale don81ions
40,173
4,226
4,721
8,708
1,595
1,515
21,121
6,023
275
329
657
69,342
573
40,746
4,226
5.168
8.708
1,635
2.436
21,245
6,023
1,775
685
657
93,304
42.D40
4,273
4,594
4,966
6,520
10,222
4,126
2,200
3.302
1.314
448
40
922
124
1,500
356
Toilal
3,962
84,001
Income from charltable a¢tivities
Foes forwoddings and fvneials
Fee3 Healing and Travelling
expenses
Stall Tècèipts
8,774
1.360
8,774
1.360
9.147
1,520
612
10.746
612
10.746
375
11,042
Total
Other trading activblles
Fund raising
Ancillary Trading
8.302
210
8,512
6,608
210
7.018
929
26
955
Total
506
Investments
Bank and building society interest
Rent from land5 or buildings
98
100
198
100
100
100
104
Total
13

other income
Church Hall LDan Repayments
120
120
96,221
Total
INCOME TOTAL
106.700
4,565
111.265
EXPENDITURE
Raising funds
Cos15 of Fundraising
Costs of Stall Purchases
Costs of stewardship campaign
454
356
356
69
813
Total
356
358
Expenditure on cha￿table activltitrs
Grants, Missions and Special
Appeals
Common Ful￿ Contribuh'on
Common Fund Arrèars
Parish administrator Costs
Clergy Expenses
Vicals telephone
Parish training and missitsn
Church iunning- insurancé
Organ I piancF tuning
Church maintenance
Cleaning
Upkeep of Se￿iCe5
Upkeep olchurchyaid
Administratio
Church Management and Admin
Church running - electric
Church running - gas
Church running - water
Govèrnance etrsls Èxaminalionlaudit
fee
Church major iepaifs- installation
Total
EXPENDITURE TOTAL
8,536
671
9,207
7,674
62,139
7,115
4.080
808
62.139
7.115
4,080
51,317
4,080
885
837
9,493
837
9,493
526
2,969
255
2,487
4,629
942
8.720
221
3.593
240
1,129
4,5QO
20
2,627
1,740
1,974
187
212
526
2,969
255
2,487
2,629
2,000
3.469
2.911
2,050
434
200
3,469
3,058
147
434
200
1,138
90,999
91,812
110,411
110.767
3,344
3,344
113.755
114.111
GRAND TOTAL
4,067
1,222
2.846
4.409
Fixed Assets
The PCC own the property known as Levedale Mission Church. A professional valuation of the property
carried out during 2003 valued it at £10,000.
J4

other Monetary Assets
Church Hall Loan
2022
2021
As at I" January
Repayments in the year
As at31. December
25,112
25,232
11201
25,112
25,112
Penkridge St Michael's lent £77,046 to the Church Hall (an independent charity) for a modernisation and
renovation project in 2008. The Church Hall make repayments when they can afford to do so.
Liabilities
2022
2021
Parish share
Agency
7,000
1,192
14,115
327
Total
8,192
14,442
The Parish Share previously paid to the Lichfield Diocesan Board of Finance has been replaced from 2022
by a new system of contribution called the Common Fund. The contribution for Penkr¢dge was sel al £62,139
for 2022. The PCC have been able to meet this Common Fund target and in addilion paid £7,115 to redu
the shortfall of Parish Share payments aGcrued in 2020 and 2021 from £14,115 to £7,000.
Previously the PCC has committed to an Annual Giving loo￿ tithe on unrestricted income (nel of fees and
grants income) to be donated to agreed charities and appeals.
During 2022 £8,536 was donated. The outstanding tithes brought forward from 20201£1,5961 and 2021
(£7,633) tolalled £9,229 leaving £693 to be carried forward to 2023.
The calculated tithe for 2022 is £9,410.

Receipts and Payments Account 2021
Vnresti'icled Designated Re5trleted Endowment
fund5
funds
funds
fund5
Total Prior yegr
funds total funds
Recelpts
Donations and legacie5
In¢ome from ¢harirable acknvit18S
Other trading activrties
Inve$imenls
Oihèr income
Total receipts
75.369
11.042
955
8,631
84.001
11,042
955
95.301
12.972
2.540
120
87.586
120
96,221
1.042
111,997
8.636
Payments
Raising funds
Expendrture on charjlab￿ a¢livilie5
Total payments
813
82.69J
83,503
813
90,999
91.812
142.424
143,024
8.309
Exce55 of r8celpt8 0￿r paym¢nts b¢foro
transfer
4,083
326
4,409
131.0261
TraDsfeTS
Gr05s Iransfeis betsv88n funds- in
Gr055 transfers between funds- out
Ext¢$$ of reGeipts over payments before
other gains I losses
1,d27
4.083
326
4.409
131,0261
Net movem¢nt In fvnds
4,083
326
4A09
131.0261
All 888ets at 01 January 2021
27.704
43.403
1.000
72,107
103,133
All assets at 31 Decembor 2021
31,Y87
43,729
1.Q¢XI
76.616
72,107
Represented by
Unrestricted
Gen&ral Fund St. John's
Gefteral fund Sl Michael's
6,181
25,606
6,181
25.806
5.281
22.423
RestriGted
BELLS RESTRICTED
Church And Chur¢hyard- Sl John,
FRIENDS
GRAVES RESTRICTED
LEVEDALE REFURBISHMENT
NOAHS ARK & DROP IN
ORGAN MAINTENANCE
St MKhaels Church Fete Cornmittee
69
8.836
24.055
3,000
2.128
2.781
2.486
374
69
8.836
24,055
3,000
2.128
2.781
2,48fj
374
353
9.332
22.408
3.000
2,139
2,781
3,015
374
Endowment
lI￿lETON GFWVE
1.000
1.000
1.000
The two main churches, PeJ]kridg¢ St Michael and All Angels and Penkridge St John, Stretton maintain
separate ledgers that are consolidated to forni Ilie PCC accounts. Their individual reports are on the following
pages.
Transactions for Penkridge Levedale Mission and Petthridge St Modwena, Pillaton are included in the
accounts foi" St Michael and All Angels.
J6

The Parochial Church Council of Penkridge with Stretton
st
Financial Statements for the Year Ended 31 December 2022
Receipts and Payments Account - st Michael8
Unrestrleted Deslgnated R¢5tricted Ettdowrnent
fund$
fumds
funds
funds
Total Prior year
funds total funils
Receipts
Donaiions and *9acie5
lthcome frorn diaFilable actNrties
other trading activities
Invesimenls
OlhÈr in¢orr*
Total receipts
8S.412
10.746
6,512
ILK)
3,962
9D,373
10,746
7,Of8
81.435
11.042
955
506
120
93.6$2
103,770
4.468
IOB.237
Payments
Ralsing funé$
EXpendilU￿ on ¢haritable adivities
Total poymw
356
108.920
109,277
356
111764
112,120
813
88.833
89.646
Excess of receipts over payments before
transfer
15.5071
1.624
13,6831
4.006
Transfers
Gros5 transfer5 beMeen funds- in
Gross transfers belweeri funds- out
Excess of receipls over payments before
other gains I losses
261
261
261
13.8831
2SI
1S,7681
1,885
4.006
Nrf movement In lthids
15,7681
1,885
13.8831
400$
All assèts at 01 January 2022
2S,606
34,893
1,OOQ
61,495
57.494
All assets at 31 December Z022
19,839
1.Q
57.617
61,499
Rèpresentsd by
Llnrestrlct8d
GO￿ra1 fund
19,839
19,839
25.6C
Rostrlcted
BELLS RESTRICTED
Donaiion5 foi Charitable Giving
FRIENDS
GRAVES RESTRICTED
LEVEDALE REFUR8ISMMENT
NOAHS ARK & DROP IN
ORGAN MAINTENANCE
St MKhae15 Church Fete Cornmittee
69
25,075
3,000
2,987
2,881
2,397
374
25.075
3.th)0
2,987
2.881
2,391
374
24.055
3.000
2.128
2.781
2,486
374
Endowment
LITMETON GRAVE
1,000
t.OOD
17

Statement of assets and liabilities - St Michaels
Genersl De$1
n2ted Restricted Endowment
This
ear
Last
ear
Cu￿nI a$s¢ts. Cash at bank and hand
Curfenl bank account- St M.
Friènds 88nk Account-
Levedale Bank Account-
Levedale Cash In HaTrd-
G8n8ral cash th Hand Sl m￿h#e15-
FÈes Cash in Hand-
19,729
10,513
24.470
2,982
1,000
31.242
24.470
2.982
36,138
23,450
1,902
226
10
loo
61,826
10
loo
19,839
10
Totals
37.970
1.000
58.809
Llabllltles- Agency a¢¢ounts
Agency collections-
1.192
1,192
1.192
1.192
327
327
Totals
Granil total
19,839
61,499
18

The Parochial Church Council of Penkridge with Stretton
st
Financial Statements for the Year Ended 31 December 2022
Receipts and Payments Account- St Johns
Unrestricted De$ignated Reslrieted Endowment
fynd$
funds
rvnd5
funds
Total Prior year
lunils total funds
Re¢eipts
DDnalions ￿9a￿leS
In¢om¢ from ¢harilable activili8s
Other tffjding auivities
Investments
Other ineame
Totsl rncelpts
2,930
2,930
98
2,930
3,028
2,570
Payments
Raising funds
Exp&nditure on charitablE aGtwiliBS
Total payments
1.491
1.491
5tY)
600
2.168
2.166
1,991
Ex¢e$5 of receipts over payments bel￿#
transfer
1.440
14021
1,037
404
Transfers
Gross Iran$fers betweèn funds- in
Gr05$ Iranslttis between funds- out
Ex¢e$$ ol ￿CeIpts over payments b8fore
ther gaÉns I lo5se5
1.440
14021
1.037
404
Net movemen¢ In fund¥
1.440
14021
1,037
404
All a55et8 at 01 JaTruary 2022
6,181
8,836
15,017
14,613
All assets at 31 DBcemb8T 2022
7.621
8,434
16,054
16,017
Rep￿ented by
nrestricted
General Fund
7,621
7.621
6,181
Re5trfGted
Churth and Ghurchyard- St John's
8,434
8.434
8.836
Statement of assets and liabilities - St Johns
General De51
ated Restricted Endowment
This
ear
Last
ear
Cu¥Tfrnt assets. Ca$h at bank and In hand
Uoyds c￿r￿n1- Sl John's-
CBF deposit- St John's-
7,621
8,582
7,472
16.054
7,642
7.375
15,017
Totals
7,621
8,434
Grand total
34
19