L) ST DAVIDS CHURCH Growing Disciples Who Make Disciples ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S, BATSFORD PAROCHIAL CHURCH COUNCIL ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
ST. DAVID'S MORETON-IN-MARSH wrrH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Contents Page Statutory Information Membership of Committees Annual Report Statement of PCC Responsibilities 13 Independent Examinerfs Report 14 Statement of Financial Activities 15 Balance Sheet 17 Notes to the Financial Statements 18
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL STATUTORY INFORMATION Full Name: Parochial Church Council of Sl David's Moreton-in-marsh with St Mary's Batsford Church Location: St David's- Church Street, Moreton in Marsh St Mary's- Adjacent to Batsford Park, Batsford Correspondence Address: St David's Church Office, Church Street. Moreton-in-marsh. Gloucestershire, GL56 OLT Charity Number: 1131097 Members of PCC: During the year the following served as members of the PCC.. The Rev Henry Curran Incumbent: Associate Minister: The Rev lan Bentley Churchwardens: Mr Max Nicholls Mr Jamie Avis (to 30 April 2023) Mrs Sarah Rowlands {from 30 April 2023) Deanery Synod Representatives: Mr Gareth Williams Mrs Margo Slansbury Miss Claire Mason (to 31 July 2023) The Rev Canon Andrew Dow Mr Mike Payne (Vice Chair of PCCI Mrs Ruth whiOrth (from 30 April 2023) Elected Members: Miss Jill Gordon (to 30 April 2023} Mr James Shand (to 30 April 2023) Mrs Andrea Paxton (to 30 April 2023) Mrs Ruth Bentley Dr Elizabeth Royle Mrs Clare Peaston Mr Steve Adeyemo-Philips Mr Richard Cutting Mrs Caroline Fairclrff Mr Charles Monroe (from 30 April 2023) Mrs Valerie Warner (from 30 April 2023) Mr Jamie Avis {from 30 April 2023} Treasurer: Mr John Woodall In attendance: Mrs Jo Spreeth (to 31 July 2023)
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARVS BATSFORD PAROCHIAL CHURCH COUNCIL Appointments: Mrs Wendy Webber Electoral Roll Officer Employee$: Miss Claire Mason Mrs Margo Slansbury Mrs Jean Drummond Mr Nico Spreeth Parish Worker (to 31 July 2023) Church Administrator Asslstant Treasurer Youth and Children's Minister (to 31 July 20231 Chiklren's Worker (from 1 September 20231 IT and Communications Vvorker Centre Cleaner Mrs Suzy Elliott Miss Sharon Squires Mrs Lorna Didcot Ministers with permission to officiate: The Rev Fred Trethewey The Rev Canon Andrew Dow The Rev Canon Tim Sedgley Readers: Mr Rod Lee Mr Robin whiOrth Mrs Ruth vvh1orth Status: The Parochial Church Council of the E¢CsIaStiCal Parish of St David'5 Moreton-in-marsh with St Mary's Batsford (PCC) was registered in the Register of Charities with the Charity Commission on 121h August 2009 with the Registered Number 1131097 Independent Examiner: Mr Daniel Colwell FCCA CTA A The Old Bull Pens Sezincote Moreton-in-marsh GIoUstershIre GL56 9AW Bankers: Lloyds Bank High Street Moreton-in-marsh GIoUsterShIre GL56 OAY Investment Managers: CCLA Investment Management Ltd Church of England Funds Senator House 85 Queen Victoria Street London EC4V 4ET
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARVS BATSFORD PAROCHIAL CHURCH COUNCIL Membershtp of Committees Standing Committee Incumbent Churchwardens The Rev Henry Curran Mr Max Nicholls Mr Jamie Avis (to 30 April 20231 Mrs Sarah Rowlands (from 30 April 2023) Mr John Woodall Mr Gareth Williams Chair Vice-chair Treasurer Member Finance and Human Resources Group Incumbent Churchwarden Treasurer Assistant Treasurer Members The Rev Henry Curran Mr Max Nicholls Mr John Woodall Mrs Jean Drummond Mr Mike Payne Mrs Ruth Bentley Chair Secretary Vice-chair St David's Centre Management Commlttee Mr Ramon Gater Mrs Margo Stansbury Miss Claire Mason (to 31 July> Mrs Jean Drummond Mr Max Nicholls Chalr Centre Manager Parish Worker Assistsnt Treasurer Mlsslon Committee Members The Rev Henry Curran Mrs Shonagh Avis Mrs Nicola Payne Dr Jacquie Williams Mrs Claire Lee Mrs Sarah Wharton Mr Andrew Evans Mr Kyle McFadane Chair Vice-chair
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARVS BATSFORD PAROCHIAL CHURCH COUNCIL ANNUAL REPORT FOR THE YEAR ENDED DECEMBER 2023 Governance St. David's, Moreton-in-marsh with St. Mary's, Balsford Parochial Church Council Ilhe PCC,) works with the incumbent and staff team to promote the whole mission of the Church within the parish. The PCC has maintenance responsibilities for the Church build- ings of St David's Moreton in Marsh, St Mary's Batsford and the St David's Cenlre. The PCC seeks to fulfil a vision for its work focused around the areas of prayer, evange• lism, service, mission, teaching, worship, fellowship, pastoral care. children and young people. The PCC works to ensure that all the activities of the church are building towards its aims in each of these areas. The PCC meets monthly and calls additional special meetings when required. Attendance at the 13 PCC meetings in 2023 was consistently good. The PCC appoints members to the Stsnding Committee, which is required by the church representation rules and has the power to transact the business of the PCC between its meetings, subject to any directions given by the PCC. It also appoints members to three other committees which meet on a regular basis and report back to or make recommendations to it.. Finance and Human Resources Group.. This oversees PCC finances by monitoring in- come and expenditure, drawing up budgets and maintaining appropriate financial con- Irols. It has responsibility for employee contracts and temis and conditions of service.. St. David's Centre Management Committee.- This supports the Centre Manager in the day-to-day running of the Centre including negotiating with users, preparing a budget and managing costs,. Mission Committee.. This oversees our missionary commitment, organises special events and makes grants to support our missionary activity. Statutory infomation, including details of PCC members and employees who serve during the year and members of committees is given on pages 3 - 5. At the last Annual Paro- chial Church Meeting held in April 2023, 227 members were registered on the electoral roll {238 at APCM 2022). The staff team currently comprises the incumbent, associate minister, vice-chair of PCC, churchwardens, church administrator, children's worker and IT worker. The team meets on 8 regular basis. normally weekly. to plan future church activities and consider matters to be presented to PCC. Staffing In view of the continuing absence of the Rev Henry Curran. Ihe Rev lan Bentley, our As- sociate Minister, has taken on leadership of the church. We are extremely grateful to lan for his unstinting and faithful commitment to both our churches and the wider benefice. We wish to record our gratilude to our other retired clergy, Fred Trelhewey and Andrew Dow, who have led our worship and preached regularly, to our Readers for their invalua- ble ministry, to members of the worship teams who take part in leading our Sunday ser- vices and to Paul Webber and Richard Cutting and their teams of musicians and singers.
ST. DAVItrS MORETON-IN-MARSH WITH ST. MARVS BATSFORD PAROCHIAL CHURCH COUNCIL We are also grateful to Claire Mason our Parish Worker for her valuable work in maintain- ing contacl with those in need of pastoral support and for running the Friday Club, More- ton Tols and the Women's Bible Study, to Margo Stansbury, our church administrator. for her committed work in the church office, to Nico & Jo Spreeth for their work wtth children and young people, and lo Sharon Squires for our livestreaming and the technical areas of our services. Many other people continue to give willingly and generously of their time and gifts lo support the different areas of church activity by welcoming visitors and newcomers. providing refreshmenls before or after Ihe services, cleaning the church, Working with our children and young people or operating the sound desk. We owe a great deal to all those who take on these and many more roles, often unseen, to enable the church to fulfil its vision. Sadly, in July 2023. we said farewell to Claire Mason, who has seNed the church so ably for so many years. Her deep pasloral conrn for every member of our congregation and many others beyond our church will be greatly missed as will her huge involvement in St David's. We also said farewell to our Childrens and Youth Minister. Nico Spreeth and his wife Jo. who joined us at a most difficult tirne during the pandemic. Their valuable work with our young people. initially online and then in person was hugely appreciated by both the young people and their parenls and Carers. We wish Claire. Nico and Jo every blessing in their future ministry in the service of Our Lord. We are grateful to Suzy Elliott for taking on the work with the children and lo Chris Dyer for taking on the youth work, both on a part time basis. In the autumn. ccpordinators were appointed by PCC for the specific areas of Prayer, Evangelism, Mission, Teaching. Pastoral Care, Children's Work, Youth Work and Administration. Each Co-ordinator has overall leadership in that area of ministry under the oversight of the PCC and incumbent with the aim of building a team to work in each area, to encourage wider church involvement and lo inform the church membership about developments. Prayer In the area of prayer, our desire is for St David's and St Mary's to live out, publidy and pri- vately, our conviction that prayer should be the central foundation on which all church ac- tivty is based. The monthly Fellowship Evening continues to take place to enable both fellowship and prayer for the church and wider wodd. 11 meets on the first Wednesday evening of the month. Attendance this year has been around 40 and wejoin once a quarter with mem- bers of other churches in the North Cotswold Gospel Partnership. 3.3 There is a weekly time of prayer on a Friday morning to commit the work of the church and the parish, into God's hands. Our monthly prayer diary covers areas of our town, our church activities and our mission partners with specific people, events or places to pray for each day. In the autumn, a small team was restarted to offer a ministry of prayer to any member of the congregation following our main 10.30 Sunday service. This ministry takes place in our side chapel. Evangellsm In the area of evangelism, we aim for the church to be at the ntre of Ihe Moreton and Batsford community with no part of the communty untouched and everyone given the o portunity to hear the good news of Jesus Chrisl.
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL The church was fully involved with the Moreton Christmas market and switch-on of the Christmas lights in November. From mid-afternoon, a small group ofchurch members dis- tributed 750 flyers advertising Church services and other events over the Christmas pe- riod. which were well reiVed by those visiting the market. Prior to the switch-on, lan Bentley led a short carol service. Invitation cards to our Christmas services were distrib- uted to homes across Moreton. 4.3 Our men's group continues to meet approximately every months, either for breakfast, with a visiting speaker or for an outing. The breakfast meetings have been well attended, with members of the church bringing friends and neighbours to hear the Christian mes- sage from the speaker, whilst our outings have included the Gaydon Motor Museum and the Cosford RAF Museum. A ladies, group was set up in the autumn and has mel knice since. Our first women's outreach event was held in December with 44 attendees of whom 15 were invited guests. 4.4 At the end of October, a Light Party was held in the church, organized by Suzy Elliott and a very able team, offering chitdren an alternative to engaging with Halloween. It was well attended with a good number of families not otherwise connected to the church joining us. This was followed up with a family-oriented festive beetle drive shortly before Christmas. Our annual open-air carol service in the grounds of Sl. David's schcrt)I took place in mid- December as an act of witness lo residents of Moreton and on Christmas Eve we held a Crib SeNice for younger children. Service and Mission In the area of servi. we aim to enable everyone at St David's and St Mary's to play their part in setvice to the churches and wider communty- Several members of the church continue to be involved with the Foodbank at the Congre- gational Hall, and this has proved a greal help for many struggling with increasing finan- cial hardship. At the start of December 2022, the church opened a 'Warm Space. in the Centre over a Tuesday lunchtime, now re-named Food and Friendship. This aims to pro- vide soup and a roll for those who are cold and hungry. The church seeks to support partners in mission both in the UK and beyond. Financially il has been our practice in recent years to give away approximately 100/0 of our General Fund grft income to support missionary arKI church societies and relief and development agencies. In the autumn of 2021, Ben Thompson. our former Pioneer Minister, moved with his family to teach at the Evangelical Theological College of Asia (ETC Asia) in Singapore, which trains and prepares men and women for gospel ministry in Singapore, South-East Asia and beyond. The church continues to support him Ihrough regular contact and by receiving and paying over donations to support the teaching ministry of ETC Asia. David and Georgina Gray work with Wycliffe Bible Translators whose mission is to communicate the Word of God to people who are slill waiting to hear the gospel message in their own language. As well as translation work into Central Asian languages, they are involved in teaching and training, literacy work and community engagement. 5.6 Steve and Flor Taylor live in Thailand where Steve is Dean of Bangkok Bible Seminary. The vision of this theological college is to provide Biblically based minislry Iraining for Thai Christians as well as to prepare and equip those called to expository teaching and preaching.
ST. DAVID'S MOREtON-IN-MARSH WITH ST. MARW5 BATSFORD PAROCHIALCHURCH COUNCIL M, H and their four children live in a small market town in North Africa. They seek to share God's love and blessing by working with people living in remote villages and encouraging believers in Jesus. A group from the church visited them in April 2023. Sandy and Kirsten Russell serve among Kurdish people in northern Iraq, especially working on Bible projects. The Bible has recently been translated into Sorani Kurdish and work is ongoing to make the scriptures, and supporting materials. widely available and to engage more deeply with Kurdish people. 5.9 From time to time, the church gives to other mission organisations such as Open Doors and CORD Global. 5.10 Work with Christians Against Poverty (CAP) continues to be on hold but we still have funds to get the work under way at some date in the future. Teaching and Worship In the area of teaching, we intend that Ihe Bible will continue to be central to all that we do at St David's and St Marfs. that Christ will be known, loved and taught so that everyone- young and old- will have the opportunrty to learn and will be inspired to grow in their faith. With the ongoing absen of our incumbent. the decision was taken to combine the 9.30 and 11.15 Sunday morning seNices into a single 10.30 service. This was a difficult deci- sion. but was made to reduce the burden on preachers. musicians and worship leaders. Sermon subjects this year have included Paul's epistles to Colossians and Timothy, the epistle of James and the prophetic ministry of Elijah. We are grateful to a number of visit- ing preachers who have been part of our services during the year. Our morning servi continues to be livestreamed, which is welcomed by those who are unable to attend in person. We resumed our 6.00pm service in late 2022 and have continued to hold it weekly throughout 2023 but with a summer break. Attendan has been good and Ihe more infor- mal structure offers the opportunity for personal testimony. An 8.00am Communion ser- vice 15 held at si David's fortnightly. At St Mary's Batsford, serVIS are held fortntghtty, alternating between Communion and Morning Worship. We have continued with the service leading teams eslablished in 2022, meaning that leading and preaching at services is shared by a group. Most of our worship music is now live, including use of the organ, piano, keyboard and both solo instruments and our or- chestral group. Fellowship and Pastoral Care In the area of Fellowship, our aim is for everyone at St David's and St Mary's to feel that they belong to an exiended Christian family within which they can make friends and find support. Home groups have continued to provide fellowship, leaching and support for church mem- bers. Groups have a considerable degree of autonomy in how Ihey operate but aim to be places where the members are able to connect with God, through Bible study and prayer, with each other through fellowship and practical support, and with the world around us, by being encouraged in prayer and personal evangelism.
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BAT5FORD PAROCHIALCHURCH COUNCIL Friday Club continues on a fortnightly basis to provide a welcome event for many of the retired folk in the community. Vvhilst attendance is still below pr&Covid levels, the team continue to maintsin conlacl with as many members as possible to provide friendship. Our local branch of the Mothers Union continues to meet and we were pleased to enroll three new members during the year. Our Women's Bible Study Group meets weekly in term-time, giving participants an opportunity to share and discuss the scriptures together in an informal environment. Moreton Tots on a Wednesday morning thrives. with a steady stream of parents and carers filling the hall, demonstrating an enormous demand for this type of activity and con linuing to provide an opportunity for outreach. Children and Young People We know that children and young people are Ihe future church and to this end we wish to engage with as many young families as possible, looking for opportunities for new groups and developments. For younger children, Sunday Club continues to offer the opportunity to hear and learn about Jesus as the coming king and on a regular and planned basis to have some big topics to discuss. Children attend the first part of our morning SeiCe. which often includes a short children's talk and song. leaving then for their separate activities. The years 9-13 youth group, 'Bridge', meets on Sunday evenings during term time to enjoy food together. open the Bible and discuss current topics. often finishing with games. In the autumn, the "Connecl. community youth club was re-established for young people from the Moreton area in years 7-9, not necessarily members of the church. This meets fortnightly, seeking to provide an evening of games with food such as pizza and sometimes including a short Chrislian thought. At the year end, those who had come to the first meeting were still attending and overall numbers had grown. St David's Church has an excellenl relationship with St David's School. We have been able to continue our ¢onlact wilh Ihe school by leading assemblies for their act of collective worship. working with a group of 11 children on a regular basis who help to lead assemblies. We have continued our'open the Book" {OTB) work with the School and are extremely appreciative of the members of the OTB team who visit on a weekly basis. We welcomed many of the children into church for a harvest service, a Christmas service and an end of year service. st Davld's Centre The Centre continues to be a resource much valued by our church members whilst also providing an outreach to the wider community, enabling links with a range of external organisations to be created and maintained. Church activities include our children's and youth groups, Friday club and our monthly prayer groups. We wish to record our thanks to the Management Committee for their continued faithful stewardship of the Cenlre. Safeguarding 10 10.1 The PCC have adopted a child protection policy, and a vulnerable adults, policy - both are available at the back of St David's Church and on the church website for review by any member of the church. The following substantive measures are included in this policy. 10
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARVS BATSFORD PAROCHIALCHURCH COUNCIL Everyone involved in work with chlldren and young people at St David's re- ceives a copy of the PCC'S child protection policy,. Details of all persons regularly involved in work with children and young people at St David's are checked against police records; The PCC are to be informed of the names of those who work with children and young people at St David's, and are notified of any changes., Margo Stansbury is the person to whom all Cases of suspected or alleged abuse are reported.. Claire Mason and Nico Spreeth have been responsible to the PCC for imple- menting and monitoring St David's Child Protection Policy. No cases of SUSFected or alleged abuse were reported during the year. The PCC has re- cenlty reviewed its arrangements and satisfied itself that the St David's Church Child Pro tection Policy, and Vulnerable Adults Policy are appropriate and operaling effectively. Safeguarding is on the agenda of every PCC to ensure we are doing all we need to do. All members of the PCC have completed the online Iraining from the diocese entitled 'Ralsing Awareness of Domestic Abuse,. 10.2 The PCC has complied with its duty under section 5 of the safeguarding and Clergy Disci- pline Measure 2016, being a duty to have regard to the House of Bishops, guidan on safeguarding children and vulnerable adults. 11 Financial Review 11.1 General Fund We are pleased to report that the general fund ended the year with a surplus of £6,364 {2022'. £6,061). This is a very sound position and MainS due to the continued generous level of both regular giving and donalions from the congregation despile the difficult economic situation. Around 60 % of regular giving is through Ihe Parish Giving Scheme. adoption of which has simplified our Grft Aid arrangements. Overall income to the general fund amounted to £211.541 (2022.. £227,663}- Within this total, regular giving remained constant12023- £182,836- 2022. £182,249). Milst across all funds donab'ons increased, those credited to the General Fund were lower than in 2022. Total expenditure amounted to £199,738 {2022.' £205,600). Within this, staff costs and expenses charged to the general fund amounted to £73,64512022.' £81.306). These were offset by the transfer of £15.15612022: £25,906) from restricted reserves in respect of members ofthe Slaff Team and our Youth and Children's Work. The PCC paid Parish Share of £99,580 {2022.' £97,570). Looking ahead, there continue to be many different and challenging issues ranging from inflationary pressures to the internalional situation, any of which could have a negative effect upon the church'5 financial position. Of particular concern is energy costs. Vvhilst the Church and Centre both enjoyed a thre&year fixed tariff until 31 December 2023 thanks to a bulk supply arrangement brokered by Ihe Diocese, under the new tariff arrangement costs have more than doubled from 1 January 2024. The end of year balance on the general fund of £71,337 {2022.' £64,973) gives a useful cushion against both such a substantial cost increase and future Unrtainty. 11.2 Designated Funds Desigr)ated funds are unrestricted funds that the PCC has set aside for a particular purpose. Designated funds remain unrestricted and can be moved to other general funds if the PCC so decides. These relate to the Church Centre. Bookstall and General ReseTve (see Note 9 to the financial statements).
ST. DAvIs MORETON-IN-MARSH WITH ¥r. MARVS BATSFORD PAROCHIALCHURCH COUNCIL For St David's Centre, lettings income of £19,123 was below the previous year figure of £20,332. Expenditure before depreciation was £21,10812022'. £19,129). There was an overall loss of £1,033 before depreciation of £4,612, compared to a surplus of £1,567 for 2022. Generous donations of £3,300 were received and are held in the Centre Reserve. The total balance on the Designated Funds stood at £433,617 as at 31 December 2023 12022.. £434,137). Of this total, £371,012 (2022.. £375,624) relates to the net book value of land, buildings, furniture, fittings and equipment at St DavKI's Church Centre (Note 61. 11.3 Restricted Reserves Restricted Reserves are funds restricted by the donor for a particular purpose and cannot be used by the PCC for any other purpose. unless determined by the Courts or the Charity Commission or with the approval of the donor. They cannot be used to meet other expenses of the Church. The Restricted Reserves have been grouped into funds relating to the different areas of our ministry {see Notes 1.2 and 10). The total balan on the Restricted ReseTves stood at £196,682 as at 31 December 2022 (2022.. £89.155). The increase over the year arises largely from the receipt of very substantial donations amounting to £80,000 including Gift Aid (note 101 credited to a newly created Staff Team reserve and held pending the appointment of an additional member of the staff team in 2024. Other donations were received towards future Maintenan and repairs to the St David's church building and the Costs of our work with children and young people. The regular giving into the ETC Asia reseNe supports the work of Ihe Evangelical Theological College of Asia in Singapore to which Ben Thompson. our fomier Pioneer Minister, moved with his family in 2021. Reserves Policy 11.4 As at 31 December 2023, the total of General Fund and Designated reserves (excluding the reserve for the Centre land and buildings) amounted to £128,900 {2022.' £118,411). With General Fund expenditure of £199,738 in 2023, lon average £16,645 per monlhl, the resetves amounted to 7.7 months, liquidity. in line with the policy of the PCC (Note 1, paragraph 1.n. Dulverton Trust 11.5 The PCC is extremely grateful to the Dulverton Trust for a granl of £5,000 towards the cost of the youth and children's work. Adherence to Public Benefit 12 The Trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties. Examples of this public nefIt Can be found in olher parts of this report. The Charity constitute5 a public benefit entity as defined by Financial Reporting Standard 102. Adopted by PCC on..... Signed by Vice Chair of PCC 12
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIALCHURCH COUNCIL STATEMENT OF PCC RESPONSIBILITIES The Charities Act 2011 and the Church Accounting Regulations 2006 require the members of the PCC to prepare financial statements for each financial year which give a true and fair view of the affairs of Ihe PCC for the year then ended. In preparing those financial statements, the members of the PCC are required to= Select suitable accounting policies and apply them consistently,. Make judgements and estimates that are reasonable and prudent,. and Prepare the financial statements on a going concem basis unless it is inappropriate to presume that the PCC will continue in operalion. The members of the PCC are responsible for keeping proper accounting records which disclose with reasonable accuracy at any lime the financial position of the PCC and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Church Accounting Regulations 2006 and the Charities Statement of Recommended Practice (SORP - FRS 102). They are also responsible for safeguarding the assets of the PCC and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. Chair of PCC Churchwarden Date 21 Ilw'.L 2034 Date 13
ST. DAVIIYS MORETON-IN-MARSH WITH ST. MARVS BATSFORD PAROCHIAL CHURCH COUNCIL Independent Examiner's report to the PCC of St David's Moreton-in4aarsh viith St Mary's Batsford This report on the accounts of the PCC for the year ended 31 December 2023, which are set out on pages 15 to 26, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 ('the Regulations'l and Section 144 of the Charities Act 2011 (llhe Act.). Our report is made solely to the members of the PCC, as a body, in accordance with the Regulations and the Act. Our work has been undertaken so that we might state to the members of the PCC those malters we are required to state to them in an independent examinerfs report and for no other purpose. To the fullest extent possible by law, we do not accept or assume responsibility to anyone other than the PCC and its members, as a body, for our work or for this report. Respectlve responslbilities of the PCC and examiner As members of the PCC you are responsible for the preparation of the accounts. you consider that the audit requiremenl of Ihe Regulations and section 144(2} of the Act do not apply. It is our responsibilty to issue this report on those accounts in accordance with the terms of the Regulalions. Basls of Independent examIneS report Our examination was carried out in accordance with the General Directions given by the Charity Commission under section 145(51(bl of the Act and to be found in the Church guidance, 2006 edition, issued by the Finance Division of the Archbishops, Council. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently we do not express an audit opinion on the view given by the accounts and the report is limited to those matters set out in the statement below. Independent oxarniner's statement In connection with our examination, no matter has come to our attention.. 1. lch gives us reasonable cause to believe that in any material respect., a. the requirements to keep accounling records in accordance with sectlon 130 of the Act and b. to prepare accounts which accord with the accounting records and comply with the requirements of the Act and regulations have not been met., To which, in our opinion, attention should be drawn to enable a proper understanding of the accounts to be reached. Mr iel Colwell FCCA CTA ATT Theo Bull Pens, Sezincote Moreton-in-marsh GL56 9AW 14
ST. DAVIUS MORETON-IN-MARSH WITH ST. MARVS BATSFORD PAROCHIAL CHURCH COUNCIL INCOME AND EXPENDITURE ACCOUNT IINCLUDING STATEMENT OF FINANCIAL ACTIVITIE51 FOR THE YEAR ENDED 31 DECEMBER 2023 UNRESTRICTED FUNDS RESTRI¢TeD TOTAL 2023 TOTAL 2022 FUNDS General Fund Deslgnated Funds Notas INCOMING RESOURCES Voluntary In¢omg Regular Glvlng Regular Gift Aided Giving Tax Recoverable Regular Non GiftAided Giwn9 Total Regular Glvin9 134,217 33,554 15.065 182.836 24,455 6,114 158,672 39.668 29.218 227.558 160,355 40,089 30,583 231,027 44.722 Other Glvln9 Ad Hoc Donations Colleclicffi Leg¥ies Income Tax R6covèrable on other givirKJ Grant5 Received ncorne from Charltsble Actlvltles BaptFsm, Wedd1ng, Funeral Fees Church and Centre ttIngS Events charges Subscriptions Investment Incom Bank Interest Dividend income Other Incoming Resources Miscellaneous Income Total Incomlng Resou95 5.280 5.860 3,400 82,479 91,159 5.660 11.000 21,9 8,201 34,937 5,446 2.500 3,461 16,792 11,(M)o 18.973 6.105 2,171 2,096 825 6,522 60 752 6.522 19.183 752 2,455 6,447 21.232 946 880 19,123 2.455 4,225 774 4,999 208 887 207 208 1,939 211,$41 78 24,200 12.250 178,192 8.279 332,041 413,933 Total ReSoUe8 Expended 199,738 25.720 75.79) 301,208 1296,1831 Net 9ainsllosses on Investments 646 19101 Net movement for the year beforè tr8nsf• 11,803 11,5201 103,OB8 113,371 34.948 Tran5f8rs bptsyeen funds Frorn General Fund to Designated Funds Frorn Gen8ral Fund to Restricted Missiow Fund Frorn Gerra1 Fund to other restricted Funds Frc¥n Restncted Funds lo Generl Fund 11,0001 119,5951 1,OOD 19.595 15,156 115,1561 Net movement for the year 15201 107,527 113,371 34.948 Balances bought forward 434.137 588.265 553,317 Balances carTSed forward 71.337 433.617 196,682 701636 588.265 15
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'5 BATSFORD PAROCHIAL CHURCH COUNCIL RESOURCES EXPENDED FOR THE YEAR ENDED 31 DECEMBER 2023 UNRESTRICTED FUNDS RESTRICTED TOTAL 2023 TOTAL 2022 FUNDS General Deslgnated Fund Funds Notes Charitable ActIvIe8 Missionary and Charitable Givlng Overseas Missionary So¢iets'es Home Missions and Church Soaeties Relief and Development Agencies Other Charities Ministry Solarlos, Beneflts and Expenses Di$an Parish Share staff salaries, PènSK)ns. expenses and benefits Runnlng EXn$&9 Church and Centrè Utilit18S Church and Centre Insuran chUh and Centre Maintenan Upkeep of se$ Other Actlvltles Fees payable to tha Diocès8 Church Grtyjps Church Eventslcourses Bookstall Costs Training Miscellaneous Expenses Capital Expenditure New Building Woth and Major Repairs New /Replarnent Fumiture & Equipment Depreciation 40,700 13.875 1,216 20 40,700 13,875 1,216 270 39.581 216 110 250 99.580 99,580 97.570 14 73,645 9,377 702 83,724 ).396 2.431 5,619 2,785 3,128 4.540 1,968 3,451 6,971 7,587 7.201 3.128 6.376 7.054 15,962 2.279 965 1,562 1.978 594 2.2e8 4.688 6.581 92 1.978 300 2,911 70 14.085 17,066 6,881 902 4,612 1,391 7,038 1,620 6,493 1,755 671 Costs of Generatlng Fund$ Governance and Support Independent Examinerfs Fees CommuntcationslMarketingllT Administration 800 800 1,600 1,403 4,324 1,5CKJ 2.713 3.695 1.238 Total Resources Expended 199 738 25,720 75.750 301,208 295.183 16
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARVS BATSFORD PAROCHIAL CHURCH COUNCIL BALANCE SHEET AS AT 31 DECEMBER 2023 UNRESTRICTED FUNDS RESTRICTED TOTAL 2023 TOTAL 2022 FUNDS Designated Funds Notes General Fund Flxed Assets Tangible Fixed Assets 4,238 371,012 561 375,811 380,080 Invesknents COIFMIM1 CAP COIFMIM2 CAP COIFTB CAP Total Fixed Assets 1.945 5.246 373 8,125 1,945 5,246 373 383,375 1.779 4,798 341 386,998 4.238 371,012 Current Assets Sundry D8btors 2,330 1,852 1.795 5,977 5.836 Short term deposits CBF Deposit Account- Church CBF D6positAccount- Csntrè 28,284 140,( 168,284 24.928 44.(E1 24.154 24.928 Cash at Bank and In Hand Lloyds- Church Lloyds- Centre Cash in Hand 12,427 25,605 139 54.345 66.772 63,518 139 87,550 51,849 56 37.913 Totsl Current Assets 68,78S .693 196.140 329,618 213,508 Current Ltabilities Cr8ditor5 Sundry Creditors VAT Payable Total Current Llabllities 11,6861 11,5791 509 12,0881 17,5831 110,8481 $09 111,3571 111.3241 917 112,2411 11,6861 17,5831 Net Current Assets 67,099 61605 188,S57 318,261 201,267 Total Assets 433 617 701 636 588,265 Financed by- Current Year Net Movernents Balances broughtforward 01.01.23 Balances earried tOTward 31.12.23 6,364 64,973 15201 434,137 433 617 107,527 113,371 34,948 553.317 588 196,682 701636 VI Chair of PCC Churchwarden Date 21 Date li f4y",L 2tJ2¥ 17
sr. DAvItrS MORETON-IN-MAR5H WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL Notes to the Flnancial Statements- Year ended 31 December 2023 1. Basis ol Accounting 1.1 Accounting Policies The Financial Stalements have been prepared under the historical cost convention and in accordance with the Statemenl of Recommended Practice.. Accounting arsd Reporting by Charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Charities Act 2011. The Charity meets the definition of a public benefit enlty under FRS 102. The accounts include all transactions, assets and liabilities for which the PCC 18 responsible in law. They do not include the accounts of church groups that owe their main affiliation to anolher body or those that are iTrformal gatherings of church members. 1.2 Funds a. General Funds General Funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for the general purposes of the PCC. Unless specified otheise all money reiVed by the PCC is pul into the General Fund. b. Designated Funds The PCC may decide to put some of the General Fund money aside in other funds for use in the future. This money is "designated" for these particular purposes. The money is °designated° for administrative purposes onty. Designated fvnds are still unrestricted and can be moved to other general funds {re-designated or un-designated) if the PCC so decides. The purposes of the Designated funds are.. Centre Trading This fund shows the net book value of the St David's Centre (land. propety, fumiture and equipment) together with income and expenditure incurred in respect of running the Cenlre. Bookstall This fund shows income and expenditure incurred in resFXt of Ihe Bookstall. Centre Reserve For major repairs, emergency repairs, exce88 of expenditure above budget when approved by the PCC and to cover year- end deficits General Reserve For major repairs. emergency repairs, excess of expenditure above budgel when approved by the PCC and to cover year- end deficits. c. Restricted Funds The PCC also receives money which has been given for a particular purpose. These are sums restricted by the donor for a particular purpose and cannot and must not be 18
ST. DAVIYS MORETON-IN-MARSH WITH ST. MARVS BATSFORD PAROCHIAL CHURCH COUNCIL used by the PCC for any other purpose unless determined by the Courts or the Charity Commission or with the approval of the donor. The purposes of the Restricted funds are.. Minist Ministry Team For the salary. benefits, expenses and training of the Ministy Team. Youth and Children's Worker For the salary. benefits, expenses and training of the Youth and Children's Worker. Buildin st David's Fabri For the maintenance of the fabric of St David's Church and particularly for the work required to implement the recommendations of the five-yearly architeclural inspection and report. st Mary's Fabric For the maintenance of the fabric of St Mary's Church and particularly for the work required to implement the recommendations of the five-yearty architectural inspection and report. Bell Tower For repairs and maintenance of the bell tower at St David's Church. Mission For Missions For the overseas and home missions and relief and development agencies supported by the PCC. North Cotswolds Gospel Partnership For expenses on future activities and talks to reach out and bless the Cotswold community, with any balan8 carried forward from one event to the next similar one. Evangelism For expenses associated with running local evangelistic missions including Christianity Explored. Christians Against Poverty {CAP) For the fulure setting up of a debt counselling seTViCe. Evangelical Theological For support of the tsaching ministry of the College. College of Asia Children and Youth Children For equipment, resources and funding of events for ¢hildren such as Sunday Club and mu and Tots. Youth For equipment, resources and funding of events for young people such as Rooted and Bridge 19
ST. DAVID'S MOREtON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIALCHURCH COUNCIL Grou Seniors For equipment, resources and funding of events for people of retirement age including Friday Club. Retreat Weekend For resources and funding of events to support discipleship of the Church family including the weekend away. Other restricted funds For others Funds temporarily held by the PCC such as funeral fees and expenses. Rectorfs discretion For use as the Rector considers apwopriate 1.3 Fixed Assets Consecrated property and moveable church furnishings Consecrated and beneficed property of any kind is excluded from the accounls by the Charities Acl 2011. Moveable Church fumishings held by the Rector and Churchwardens on special Irust for the PCC and which require a faculty for disposal are accounted as inalienable propety unless consecrated. They are listed in the church inventories which an be inspected at any reasonable time. For inalienable property acquired prior lo 2000 there is insufficient cost information available and therefore such assets are not valued in the accounts. Land and Bulldlngs On 28 March 2002, the PCC purchased the Sl David's Centre for £144,000 plus fees and expenses from Gloucestershire County Council. The purchase was registered in the name of The Gloucester Diocesan Trust as Custodian Trustee. The Council has registered a fixed charge amount of £36,000 for 25 years should the PCC dispose of the property or should il no longer be available for the sole purpose of delivering re¢reational facilities to Moreton in Marsh and Ihe district. A major project to re-instate the Centre after the floods of 2007, and to further develop it, was undertaken in the period 2007-2009. The costs of redevelopment in the period {£317,000) have been added to the cost of the building and depreciation has been charged on the totsl al 1 % per annum. The total redevelopment cost is thus written off over 100 years (see Note 61. other furnlture, flxtures and equipment Equipment used within the Church and Centre premises is depreciated on a straight-line basis over 4 years. 20
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BAT5FORD PAROCHIAL CHURCH COUNaL 1.4 Investments The money held for future work with Christians Against Povety (CAP} is invested in 3 COIF Charities Investment Fund Accounts which relate to funds tsken over by the PCC from two redundant charities. The PCC operates a deposit account with the Church of England Central Board of Finance. managed by CCLA Investmenl Management Ltd, which for the amounts available pays interest al a more competitive rate than those rates available from banks, building societies or the Charities Aid Foundation. 1.5 Current Assets Current Assets comprise.. Amounts owing to the PCC 8t 31 December in respect of fees, rents, prepayments or other income. These are shown as debtors (Note 71., Short-tem) deposits including cash held on deposil with the Church of England Central Board of Finance., Bookstall stock, which is valued at the lower of cost and net realisable value after making due allowan for slow moving items. 1.6 Income and Expendlture Recognition Voluntary Income Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when claimed. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantffiable and its ultimate receipt by the PCC is reasonably certain. Income for Charitable Activltles Rental InMe from the letting of church premises and for St David's Centre Is recognised when the rental is due. Funds raised by events are accounted for gross as are sales of books and cards. Grants Grants and donations are accounted for when paid over. Parish Share The Diocesan Parish Share is accounted for in the period to which it relates. 1.7 Reserves Poll¢y The PCC has a policy relating to the General Fund Reserve and the Designated Centre and General Reserves under which an amount equivalent to approximately 6 month's expenditure is to be retained as a General Reserve, to be used for major repairs, emergency repairs. excess of expendilure above budget (when approved by the PCCI and to cover year-end deficits. When depleted, this Reserve is to be topped 21
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARWS BATSFORD PAROCHIAL CHURCH COUNCIL up from year-end surpluses not required for other purposes or by a specific amount included in the budget. 2. Grants Grants cover external grants received from trusts and olher funding bodies either for the PCC General Fund or for a restricted purpose. The following grants were received in 2023.. Grant Making Body Purpose 2023 2022 Edith Mann Children & Youth Batsford 455 455 Listed Places of Worship Friends of St Mary's Gloucester Historic Churches On Organ Di0san energy fund Dulverton Trust 1,700 6,837 500 Batsford Batsford Batsford 300 Church heating Children and Youth Gloucestershire Rural Communities Fund Food and Friendship 2,096 5,000 650 7,000 8.201 16.792 3. Bookstall The stock was writlen off on 31 December 2022 and there was no trading in 2023. There remains a balance of £2,195 in a designated reserve. 4. Missionary and Charitable Giving Gifls were made as follows.. 2023 2022 4.1 Overseas Missionary Societies Church Mission Society Africa Inland Mission Intemational Open Doors Taylors in Thailand Wycliffe Bible Translators Middle East Christian Outreach Evangelical Theological College of Asia 7,000 6,063 500 1,000 2,000 1,500 2,000 1,500 2,000 1,500 26,700 28,518 40 700 39,581 4.2 Home Missions and Church Societies Church Army Kingham Hill TnJst- Oak Hill Colleg8 1.000 12.875 22
ST. DAvItyS MORETON-IN-MARSH wrrH ST. MARYS BATSFORD PAROCHIAL CHURCH COUNCIL 2023 2022 4.3 Relief and Development Agencies Cord Global Care (Sunday Club) 1,000 216 216 1,216 216 4.4 Other Charities 270 110 S. Insurarbce At 31 December 2023, Sl David's Church, St Marfs Church and St David's Centre were insured wilh Ecclesiastical Insurance Group as follows= St David's Church st Mary's Church St David's Centre Building and Contents 15.290,000 9,980,000 2,077,607 Consequential Loss 100.000 100,000 100,000 Public Liability 10,000,000 10,000,000 10,000,000 Employers Liability 10,000,000 lo,(,000 10.000,000 23
ST. DAVItyS MORETON-IN-MARSH WITH ST. MARWS BATSFORD PAROCHIAL CHURCH COUNCIL 6. Tangible Fixed Assets Centre Freehold Land & Buildings Centre St David's Sl Mary's Furniture Fumiture Furniture Fixtures & Fixtures & Fixtures & Equipment Equipment Equipment Total Cost At 01101123 Additions 461.166 69.471 70.795 2.769 62.475 3.714 605,146 2,769 135,660 Written down 69.471 3.714 At 31112123 461,166 11,089 472,255 Depreciation At 01101123 Charge for the year Written down At 31112123 85,542 69.471 66,339 3.714 225.066 4,612 2,426 62,475 6,290 7,038 135,660 96,444 69,471 3,714 90,154 Net Book Value At 31112123 371,012 4,799 375,811 At 31112122 375,624 4,456 380.080 7. Sundry Debtors Sundry debtors totalled £5.977 at 31 December 2023 {2022.' £5.836) broken down as follows.. 2023 2022 Gift Aided claims to HMRC Prepayments and other debtors 3,115 2.862 3,257 2.579 5.977 5.836 24
ST. DAVSD'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL 8. Sundry Creditors Sundry creditors totalled £10,848 at 31 December 2023 {2022'. £11,324) broken down as follows.. 2023 2022 Accrued expenses Prepayments of income and other creditors 2,698 8,150 10.848 2,318 9.006 11,324 9. Deslgnated Funds Balance at 111123 Incoming Resources Funds Resour$ expended Transfers Balan at 31112123 Centre Trading Bookstall Centre Reserve General Reserve Total Designated Funds 380.699 2,195 11,243 20.075 (25,720) 1,000 376,054 2,195 15,368 40,000 1,000 433,617 4,125 434.137 24.200 25.720 10. Restricted Funds Balance at Incoming Resources 111123 Resources expended Funds Transfers Balance al 31112123 Ministry Team Youth & Children's Worker Staff Team Total Ministry 7,419 (170) 14.084) 3,165 2,000 28.530 80,000 115 949 {702) (11,072) 18,756 80.000 101,921 872 15.156 St David's Fabric st Mary's Fabric Bell Tower Total Buildings 16,448 58 2,932 19.438 10,000 {158) 26,290 58 2,301 28.649 907 10.907 1,538 1,696 For Missions N C Gospel Partnership Evangelism Christians against Poverty ETCAsia Total Mission 21.633 518 7,788 6,875 200 1,195 (30,375) 19,595 200 (200) 17,728 918 6.952 {1,831) 9,624 1,854 25,200 11,478 25,200 57.406 19.595 37.076 Children Youth Total Children and Youth 6,571 1,567 1,577 219 (1,219) 733 6.929 1,053 8.138 1,796 1,952 25
ST. DAVIVS MORETON-IN-MAR5H WITH ST. MARWS BATSFORD PAROCHIALCHURCH COUNCIL Groups Seniors Retreat Weekend Total Groups 4.648 6.556 11,204 2.658 (1,620} 5,686 6,556 12.242 2.658 1.620 others For Others Rector's Discretion Total Others 12,204 (12,204) 8,812 8,812 8,812 Total Restricted Funds 89,155 178,838 75,750 4,439 196.682 11. Capital Commitments At the year-end there were no capital commitments. 12. Contingent Liabilities There is a Contingent Liability of £36,000 for 25 years from 27 March 2002 payable to Gloucestershire County Council. from whom Ihe Centre was purchased (see note 1.3 and 6). 13. PCC Members and other related parties No payments were made to other related parties. 14. Stsff costs and employee benefits: The average number of staff employed by the PCC in 2023 was 6 (2022.. 7). No ernployee received benefits (excluding employer pension costs) of more than £60,000. Totsl employee costs in 2023 amounted to £83,724 {2022= £90,396). 2023 2022 Wages and salaries National Insurance Employerfs contribLrtion to defined contribution pension schemes Other benefits 74,565 74,821 837 3,224 5,935 3,744 10,994 15. Dlsclosure of trustees, romuneration and benefits Until 31 July 2023, employees were members of the PCC by virtue of their appointment by the Annual General Meeting of the church to membership of the North Cotswold Deanery Syncd. From l August 2023, there was a single employee. For both individuals, the date of their employment Pfeceded Ihe date of their appointment to the North Cotswold Deanery Synod. Their remuneration does not cover any work done in their capacty as members of the PCC. There were no payments made to PCC members (or to entities controlled by PCC members) apart from direct reimbursement of expenses incurred on behalf of the PCC. 26
ST. DAVID'S MORETON-IN-MAR5H WITH ST. MARY'S BATSFORD PAROCHIALCHURCH COUNCIL