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2023-12-31-accounts

Parish of WROUGHTON and WICHELSTOWE

2023

ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL

THE PAROCHIAL CHURCH COUNCIL OF WROUGHTON AND WICHELSTOWE

www.wroughton.com

Diocesan Parish Number 57/160

CONTENTS

Trustees’ annual report 3
Aims and purpose 3
Objectives and activities 3
Achievements and performance 4
Financial Review 7
Plans for 2023 10
Structure, governance and management 11
List of trustees 13
Administrative information 14
Financial Statements 15
Statement of financial activities 15
Balance sheet 16
Notes to the financial statements 17
Independent examiner's report 26

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TRUSTEES ANNUAL REPORT

AIMS AND PURPOSE

The trustees have paid due regard to the Charity Commission's guidance on public benefit in deciding what activities the charity should undertake. The trustees consider that they have acted in the public benefit.

The PCC is responsible for cooperating with the vicar in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

The PCC is legally responsible for the care, maintenance, preservation and insurance of the fabric of the church building and its contents. It is also responsible for the care and maintenance of the church hall as administrative trustee. The custodian trustee of the church hall is the Bristol Diocesan Board of Finance.

OBJECTIVES AND ACTIVITIES

The Anglican Church worldwide has defined the mission of the Church as the mission of Christ:

  1. To proclaim the Good News of the Kingdom.

  2. To teach, baptise and nurture new believers.

  3. To respond to human need by loving service.

  4. To transform unjust structures of society, to challenge violence of every kind and pursue peace and reconciliation.

  5. To strive to safeguard the integrity of creation and sustain and renew the life of the earth.

In November 2021, the PCC set the following three goals for 2022 and beyond:

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SPECIFIC OBJECTIVES FOR 2023

In January 2023 the PCC agreed to the following priorities in 2023.

Younger generations – To offer a programme of seasonal activities aimed at engaging children, families and younger generations.

Pastoral care

Authentic visibility in the wider community

ACHIEVEMENTS AND PERFORMANCE

CHURCH LIFE IN 2023

The Church Community

In 2023 our church community increased from 129 people to 147, moving slowly back towards pre-pandemic numbers. This is now only a 23% reduction from the 2019 levels.

Of these, it is estimated that 7% are under the age of 10, 2% between 11 and 17, 51% between 18 and 69 and 46% over 70. There has only been a 4% reduction in the older age group, but there has been a 30% reduction in the 18 to 69 age group and a 28% reduction in the under 17 age group based on 2019. We know that these figures are not representative of the wider community in our parish and we also know that our church is not as diverse as the wider community in other ways. We continue to aim to be a welcoming community open to all and our particular priority is to increase the number of younger people who are part of our worshipping community. There have also been further signs of recovery in early 2024.

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Proclaiming the good news

During 2023 we ran services at 8 am and 10 am each week with a monthly evensong service at 6 pm. The 10 am service being live streamed on YouTube each week. We also held our annual Remembrance and Christingle services. An average of 89 people attended church in person each week this compares to 125 in 2019 and 83 in 2022. Additionally around 7 people still join us each Sunday morning on You Tube live with videos receiving a further 8 views during the following week. These new ways of worshipping were much appreciated by church members and allowed us to reach a wider congregation, including some of those who are no longer able to attend by reason of age or infirmity. Our 6 pm service continues to attract approximately 22 people each month.

Concentrating our children’s and families work at the 10 am service seems to have been successful and we now have an average of 7 under 17’s each week.

During 2023 we were able to go into Wroughton Infants School and East Wichel Primary School for ‘Open the book’ sessions where we act out Bible stories in school assemblies. The clergy have links with Wroughton Junior School. This includes leading RE sessions.

We aim to join in village events in Wroughton and put on events mostly aimed at engaging children and families. In 2023 we had several events, in February Pancake Races, Easter Rocks in April, The Duck Race in May, a Carnival Parade entry with Discovery Church in July, a summer Holiday Club day in August, the Pumpkin Party (Halloween alternative) at the end of October, Here Comes Christmas in December. We also put up a window display in the Church Hall for the village Advent Trail. These events are building positive relationships with many in the village. We are aware that Wichelstowe does not get much attention from us, but we are limited by the size of the group and people available.

Teaching and nurture

We have five small groups meeting for bible study, prayer and fellowship. A total of 43 members (29%) of our church community are now regularly involved in small groups. We also ran a Youth Alpha group. These groups provide valuable opportunities for teaching, fellowship and pastoral support. Although we did not increase the number of groups in 2023 we are confident that we have the leaders should we need to increase the number of groups.

We also provided financial and prayer support to the Bible Society (Charity No. 232759) for its teaching work nationally and internationally.

Responding to human need

Our clergy and lay minsters took 28 funerals in 2023, providing bereavement support to families as necessary. We provide pastoral support to members of the

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church community and in the wider community. Clergy and other members of our pastoral support team also visited housebound members of the our church community. Our lay minsters visit a number of the nursing and residential homes in the parish and the clergy visit the Prospect Hospice to see patients who had requested support. Our healing ministry continued during the year with our monthly healing services in church.

Members of our church community volunteer with the Little Lambs Playgroup, the monthly Memory Café, the Filling Station, (Charity No. 1072429) which provides food and provisions to those in need on the streets of Swindon, and also with the Swindon Food Collective (Charity No. 1180603) which runs foodbank services in the Swindon area including Wroughton.

We also provided financial and prayer support to Swindon Youth for Christ (Charity No. 274402) and the Children's Society (Charity No. 221124) who provide support locally and nationally. Internationally we also provided financial support and prayer support to Tearfund (Reg Charity No. 265464) , and the Church Mission Society (Charity No. 1131655 ) for their work with those in need overseas.

Justice and reconciliation

We are a Fairtrade church and we try to purchase ethically where possible. Our longer term investments are ethically managed by CCLA in a pooled Church of England fund which does not invest in fossil fuels. The PCC is also committed to paying its employees a minimum of the real living wage as set by the Living Wage Foundation (Charity No. 1107264) and is registered as a Living Wage employer.

We provide financial and prayer support to Tearfund (Charity No. 265464) who campaign on a number of global justice issues.

Environment

The PCC aims to equip our church to care for creation as an integral part of loving our neighbours and following God faithfully. We are committed to achieve net zero carbon by 2030.

In our worship we addressed creation care and climate change issues through intercessions, sermons, and the season of Creationtide and our focussed Climate Sunday service in September. We continue to improve our buildings to make them as energy efficient as possible, and again saw a significant reduction in energy use for both the Church and Church Hall so that we are now using only 37% of the energy we used in 2019.

In March we held a ‘Raingarden’ event at the Church Hall, for people to see how the garden and planters filter and slow down water flow. We put up bird boxes in the churchyard, and finalised a plan for managing some areas for wildlife. We also held a successful ‘Count on Nature’ wildlife survey in June, which saw an increase in

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biodiversity – 113 species identified!

To raise awareness of climate justice, we promoted Fairtrade and gave updates on Tearfund initiatives such as reducing plastic waste and fossil fuels. And to encourage our church community to consider their actions to ‘live gently on the earth’ we’ve organised litter picking, a Book & Jigsaw swap, and Parish Walks.

We hold a silver Eco Church award, and are working towards Gold and have started to collaborate with other Eco Churches in our Deanery, in order to support and help each other in actively expressing our care for our beautiful but fragile world.

We provide financial and prayer support to Tearfund (Charity No.265464) who campaign on a number of environmental issues.

LAND & BUILDINGS

The Church Building

In January our quinquennial inspection was carried out which among other things identified the need for major roof repairs in the south aisle. After further delays to the reinstatement of the plaster commenced in November 2023. Following repeated failure we undertook renewal of the electrical distribution boards in church during the year to bring them up to current standards. We are aware that further repairs to the lighting will be required in 2024. We have also experienced some issues with the organ during the year and we are investigating what work may be required.

The organ has been suffering with wooden trackers (levers) warping and sticking. In addition there was an electrical problem at Christmastide which would not be resolved until after the New Year.

The Church Hall

In January 2023 a pair of ornate redwood pine and copper repousse doors, which had been donated by Wroughton Methodist Church following its closure, were fitted in the porch and this has dramatically improved the comfort and further reduced our energy use.

Wroughton Pre-School continue to be our primary user. One regular user reduced their sessions, but we have had a large number of bookings for childrens’ parties during the year.

The Churchyard

Although it is no longer possible to create any new graves, additional family members can be buried in existing graves, and we are able to continue to bury ashes, either in existing family plots, or in the Garden of Remembrance. The churchyard is still well used by those visiting graves, and those who want to sit or wander in a peaceful, restful setting.

The closure of the churchyard meant we had to say goodbye to our sexton, Kelvin

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Dudley in March 2023, and thank him for his years of service and commitment to caring for the churchyard. The responsibility of maintenance for the churchyard passed to Swindon Borough Council in April 2023.

The closure has greatly affected the way the churchyard is managed, but has also opened up new opportunities to work with the local community in ensuring the needs of both visitors and wildlife are looked after. With limited church resources, we welcome the ‘Lower Churchyard Volunteer Group’ from the local community who have done sterling work keeping the well-visited lower churchyard in good order.

We greatly appreciate those members of our own church community who are tending the upper churchyard, either with the organised working parties, or as a regular commitment on their own.

FINANCIAL REVIEW

A summary of the income and expenditure and the end of year balance for each of the funds is shown on page 24. At 31 December 2023 total funds were £114,596 of which £25,079 were held in restricted funds. One feature for all funds this year has been the large increase in interest received due to higher interest rates.

GENERAL FUND

At the end of 2022 the PCC set a budget on the basis of pledges received after a consultation with the congregation and a plan for an autumn stewardship campaign to increase giving through the year. The actual and budget figures for the general fund are summarised below.

However, God is faithful and our members were faithful in their giving and this together with an increase in fee income meant our income was slightly above budget.

General Fund Income

Planned giving and tax recovered
Other giving
Funerals & weddings
Fundraising

Interest
Total
2023
2022
Increase
2022 to
2023
Budget
Actual
Actual
110,945
110,981
109,046
1.8%
8,300
15,024
9,720
54.6%
4,846
5,122
5,633
-9%
0
0
0
50
332
107
211%
124,141
131,459
124,506
5.6%

* Net of direct costs and transfer to churchyard fund

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General Fund Expenditure

Support to wider church & charities
Parish share
Ministry & mission
Utilities
Church running
Support costs
Transfer to Fabric fund
Other Transfers
Total
2023
2022
Increase
2022 to
2023
Budget
Actual
Actual
8,460
8,520
7,220
18%
80,000
80,000
80,000
0.0%
10,746
11,634
9,763
19%
8,639
6,216
4,459
39%
3,634
3,973
3,479
14%
18,225
18,452
17,205
7.2%
0
0
0
0
0
1,100
129,704
128,794
123,226
4.5%

Our general fund income was above budget mainly due to a significant increase in open plate giving at services. Our costs before fund transfers were slightly below budget due to utility costs being less than anticipated so we ended the year with a surplus of £2,665. We were able to make a small increase in our support to the wider church and charities, though still well short of or target of 10%. We received a donation of £302 on the winding up of the Wroughton Youth Adventure Charity.

OTHER FUNDS

Church Hall - Rental income was on budget. A further loss of regular evening bookings has been balanced by a significant increase in bookings for children’s parties. There was also a significant rise in energy costs but these were not as high as had been anticipated partly due to reduced energy usage. There was also a transfer of funds of £5,000 from the gift and legacy account towards energy costs. As a result this the fund made a surplus of £3,142 on the year leaving the fund at £3,224 at the end of the year.

Building funds- The restricted building funds contain some funds that are only to be used for the church or the Church Hall and some funds that may only be used for maintenance. The designated funds supplement the restricted giving by some unrestricted gifts and legacies to ensure that provision is made for future repairs and for improvements to the church and the church hall. During the year electrical works were carried out on the church at a cost of £4,035 and the major replastering works were commenced. These were estimated to cost £34,000 but various problems have been encountered causing delay and further as yet unquantified costs.. Payments of £20,234 were made during the year with a further £13,389 being paid early in 2024. These sums are net of VAT which was recovered through the

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Listed Places of Worship Scheme.

Churchyard - The responsibility for maintenance of the churchyard now lies with the local authority. Churchyard fees income were above expectations during the year and £5,000 was transferred to the designated fund from the General fund. Salary costs included redundancy payments following transfer of maintenance responsibility to the Swindon Borough Council.

Gift and Legacy - The Gift and Legacy funds are used for legacies and specific restricted donations.

Organ fund - The organ fund is held against expected need for major refurbishment of the organ every 20 years and will be due in the next 5 to 10 years.

Equipment fund - The equipment fund was set up in 2022 with a transfer from general fund to provide for the replacement of office and other electronic equipment as required.

RESERVES POLICY

The PCC aims to retain sufficient for at least 3 months of salaries and utilities, 12 months insurance and an emergency repairs contingency. This translates to a general unrestricted reserve of £8,000, a church hall reserve of £3,000, a churchyard reserve of £6,000 and a buildings reserve of £15,000. An organ reserve of £40,000 is required to cover periodic and other repairs to the organ due in the next 5 to 10 years.

Reserves held at 31 December 2023 were 114,596 of which £25,079 are held as restricted funds. Designated funds total £70,362 of which £5,920 can only be realised by disposing of tangible fixed assets. Unrestricted funds total £18,885.

Comparing our actual reserves to the policy we have £18,885 in unrestricted which is in excess of the required level. The designated church hall fund is £3,224 (including the value of fixed assets) which is below the required level. The designated churchyard fund is £3,343 which is above the required level. The designated buildings fund is £1,827, but there are £19,636 of restricted funds so the total funds are above the required level. The organ fund stands at £50,857 which is slightly in excess of the required level.

Completion of the quinquennial repairs and other works on the church are also anticipated in 2024 which will further deplete the building reserves. Major repairs to the south aisle roof are anticipated in the near future and major repairs to the organ are anticipated in the next 5 to 10 years.

FINANCIAL MANAGEMENT

The PCC reviews its financial management procedures from time to time. They were last reviewed in November 2019.

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GRANT MAKING POLICY

In addition to our support for the mission work of the Diocese through our parish share, the PCC makes grants of up to 10% of its general fund income to organisations whose aims are in accordance with the aims and doctrine of the Church of England. Given our major support to home mission though diocesan share, the majority of this support is given to a small number of organisations with a substantial part of this support being designated to the work of the church overseas in mission development. Support is also given to home mission both nationally and locally.

PLANS FOR 2024

In line with the PCC’s goals for 2022 and beyond, which are shown on page 2-3 in 2024 the PCC proposes to

Younger generations

Pastoral care

Authentic visibility in wider community

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STRUCTURE, GOVERNANCE AND MANAGEMENT

The Parochial Church Council (PCC) is a corporate body established by the Church of England. The PCC operates under the Parochial Church Councils (Powers) Measure 1956 and the Church Representation Rules. The PCC is registered with the Charity Commission. The members of the PCC are the trustees of the charity. The method of appointment of the trustees is governed by and set out in the Church Representation Rules. All those attending church are encouraged to register on the Electoral Roll and may stand for election to the PCC. The trustees who served during the year are shown on page 15.

The PCC operates through a number of committees, which have specific delegated responsibilities agreed by the PCC, and groups which organise, discuss and make recommendations to the full Council.

Standing Committee is required by law. It has power to transact the business of the PCC between its meetings, subject to any directions given by the Council. It is responsible for planning agendas for PCC meetings and oversees the financial and administrative work of the PCC and provides support to the PCC officers and Parish Administrator.

Buildings Committee oversees the maintenance of the church building and ensures compliance with the quinquennial report. It also oversees the maintenance and operation of the Parish Church Hall.

Churchyard Committee has oversight of the churchyard and administers its funds; representatives from the Wroughton Parish Council, and the churchyard volunteers group sit on this committee.

Community Engagement Group discusses matters concerning our engagement with the wider community in Wroughton.

Mission Matters co-ordinates education, publicity and fundraising of those groups involved with mission societies and projects at home and overseas.

Eco Church Group reviews the church’s environmental impact and is working to produce an Action Plan and achieve Eco Church Gold Award.

The PCC met six times in 2023. In January, the Goals that had been set in 2022 were reviewed and updated for 2023. Priorities were set to make progress on these in 2023.

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In April, the new monthly Morning Worship services were reviewed and in view of the feedback it was decided to continue with them. The Safeguarding Policy was amended to cover aspects of the 10am service broadcast on You Tube.

Throughout the year, the PCC closely monitored the churchyard, following the closure in December 2022 and the transfer of responsibility for the maintenance to Swindon Borough Council in April. Two volunteer groups had been formed to care for the Lower and Upper churchyards, and were working well.

Provision for children was discussed in April and July. This led to the establishment from September of teaching sessions for children held in the Vicarage during part of two Sunday morning services a month, along with resources for them to be used in church during the other weeks.

In November, an initial draft of a development plan for work on the church building was discussed. The Safeguarding Policy was also reviewed.

The church finances were monitored throughout the year, and a budget for 2024 approved in November.

SAFEGUARDING CHILDREN, YOUNG PEOPLE AND VULNERABLE ADULTS

2023 was a quiet year Safeguarding wise with the dedicated confidential e-mail : safe_and_sound@wroughton.com received no relevant emails.

The parish of Wroughton and Wichlestowe is committed to safeguarding children, young people and adults at risk. As part of this process all our Safeguarding related policies have been reviewed in November 2023 and minor changes agreed by the PCC. Further enhancements to our Social Media Policy were carried forward to P.C.C. on 5th February 2024 where they were also adopted. The PCC oversees the following activities for Children / Young People or for Vulnerable Adults mentioned elsewhere in this report.

As our main service is broadcast on You Tube we have tightened up the media consent process.

Volunteers where eligible, working with the children or otherwise vulnerable groups have all been DBS checked at the level appropriate to the role. Because the parish provides these activities for vulnerable groups, the PCC members all require an enhanced DBS Check. All our Churchwardens and PCC Members have a current DBS which has been completed within the last 3 years.

In order to fulfil roles and responsibilities appropriately, safeguarding training at different levels is a requirement for all volunteers.

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Type of Training Number in
Role
Number
completed
training in last
3 years
Number with
no or expired
training
Basic Awareness 40 35 5
Foundation Safeguarding 26 19 7
Leadership Safeguarding 9 7 2
Domestic Abuse 16 5 11

There were no new safeguarding issues that were reported to The Diocesan Safeguarding Team. One historic long-term safeguarding agreement remains in place (reviewed regularly) and there are no issues with this.

Mark Tubey (Parish Safeguarding officer)

ADMINISTRATIVE INFORMATION

The Ecclesiastical Parish of Wroughton and Wichelstowe is in the Diocese of Bristol within the Church of England. The parish lies within the Deanery of Swindon. The parish church of St John the Baptist and St Helen is situated in Church Hill, Wroughton.

The Parochial Church Council of the Ecclesiastical Parish of Wroughton and Wichelstowe (Wroughton & Wichelstowe PCC) is a registered charity. Charity Registration Number 1131158.

The PCC’s correspondence address is: The Parish Office, Church Hall, Priors Hill, Wroughton, Swindon SN4 0RT.

The PCC’s Bank is: Lloyds Bank, Old Town Swindon Branch, 5 High Street, Swindon SN1 3EN.

The PCC also holds funds on deposit at CBF Church Of England Funds managed by: CCLA, Senator House, 85 Queen Victoria Street, London EC4V 4ET.

The PCC’s Independent Examiner is: Mr James Gare, Monahans, Hermes House, Fire Fly Avenue, Swindon, SN2 2GA .

The PCC’s Legal Advisers are: Stone King LLP, 13 Queen Square, Bath, BA1 2HJ.

Day to day management of the Parochial Church Council is delegated to the Vicar.

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PCC MEMBERS AND TRUSTEES 2023

The following served as PCC members and trustees during the period from 1 January 2023 to the date this report was approved (unless otherwise shown).

Ex-officio members
Clergy
The Revd Dr Phillip Harrison
The Revd Barbara Abrey
The Revd Christopher Hunter
Vicar (Chair)
Associate Priest
Assistant Curate
Churchwardens
Mr Peter Ferguson
Mrs Marlyn Hezlett
Licenced Lay Ministers
Mr Mark Tubey
Mrs Tracy Mason
Also Parish Safeguarding Officer
Also Deanery Synod
Elected Members
Mrs Louise Bessent
Mr Andrew Kirk
Mr Michael Mason
Mrs Susan Offord
Mrs Joan Orman
Canon Nicholas Orman
Mrs Lorna Robinson
Mrs Helena Thomas
Mrs Helen Toomer
Mr Tim Winter
Ms Hannah Wrixon
Deanery Synod
Deanery Synod & Treasurer
Secretary
Vice Chair
From May 2023
From May 2023
From May 2023
To May 2023
From May 2023

Approved by the Parochial Church Council on 24th April 2024 and signed on its behalf by the Revd Dr Phill Harrison (PCC Chairman).

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WROUGHTON AND WICHELSTOWE PAROCHIAL CHURCH COUNCIL

STATEMENT OF FINANCIAL ACTIVITIES

For the year ending 31 December 2023

Note
INCOME AND ENDOWMENTS
Donations and legacies
2(a)
Income from charitable
activities
2(b)
Other trading activities
2(c)
Investments
2(d)
Other income
Total Income
EXPENDITURE ON:
Raising funds
3(a)
Expenditure on charitable
activities
3(b)
Other expenditure
Total Expenditure
Net Incoming (Outgoing)
Resources
Transfers between funds
In
Out
Gains and losses on
investment assets
Gains and losses on assets for
own use
Net movement in funds
Balance brought forward at
01/01/2023
Balance carried forward at
31/12/2023
Unrestricted Funds
Restricted
Funds
Total
Total
General Designated
2023
2022
FROM:
126,028 3,030 20,422 149,480 160,545
12,664 250 396 13,310 15,360
- 12,169 - 12,169 11,277
332 2,420 1,770 4,522 1,481
- - - - 1,160
139,023 17,869 22,588 179,480 189,823

164 - - 164 166
126,688 24,131 42,281 193,099 191,509
- - - - -
126,852 24,131 42,281 193,263 191,675

12,171 - 6,262 - 19,692 - 13,783 - 1,852
- 14,500 - 14,500 11,600
- 9,500 - 5,000 - - 14,500 - 11,600
2,671 3,238 - 19,692 - 13,783 - 1,852
- - - - -
- - - - -
2,671 3,238 - 19,692 - 13,783 - 1,852
16,214 67,394 44,772 128,379 130,231
18,885 70,632 25,079 114,596 128,379

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BALANCE SHEET AS AT 31st DECEMBER 2023

Note Unrestricted Funds Restricted Total
Total
General
Designated
Funds 2023
2022
fund
Funds
Fixed Assets
Tangible Assets 6 - 5,920 - 5,920 5,920
Current Assets
Debtors 7 9,480 1,602 5,318 16,400 6,666
Short Term Deposits 7,465 34,772 35,474 77,711 114,121
Cash at bank and in hand 4,851 28,979 - 15,713 18,117 8,141
Total Current Assets 21,795 65,353 25,079 112,227 128,928
Liabilities
Amounts falling due within 8a 2,910 641 - 3,551 6,468
one year
Net Current Assets 18,885 64,712 25,079 108,676 122,459
Liabilities:
Amounts falling due after 8b - - - - -
more than one year
Total Net Assets 18,885 70,632 25,079 114,596 128,379
Funds 9
Unrestricted
General 18,885 - - 18,885 16,214
Designated - 70,632 - 70,632 67,394
Restricted - - 25,079 25,079 44,772
Total Funds 18,885 70,632 25,079 114,596 128,379

Approved by the Parochial Church Council on 24[th] April 2024 and signed on its behalf by the Revd Dr Phill Harrison (PCC Chairman).

The notes on pages 18 to 26 form part of these accounts.

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NOTES TO THE FINANCIAL STATEMENTS

1 ACCOUNTING POLICIES

The registered office and nature of the charity’s operations and its principal activities are given in the trustees report.

Basis of preparation

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The trust constitutes a public benefit entity as defined by FRS 102.

The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest £0.

There are no significant areas of judgements or key sources of estimation uncertainty.

The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.

Exemption from preparing a cash flow statement

The charity has taken exemption from preparing a cash flow statement under the charities SORP (FRS 102) issued in October 2019, as the charity constitutes a small charity.

Fund accounting

Unrestricted Funds are income funds which are to be spent on the PCC’s general purposes. Designated funds are general funds set aside by the PCC for use in the future. Designated funds remain unrestricted and the PCC will move any surplus to

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other general funds. Restricted Funds are those where donors have specified their use.

Income

All income is recognised once the charity has entitlement to the income, there is sufficient certainty or receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably. All income is accounted for gross.

For legacies, entitlement is taken as the earlier of, the date on which the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made; or when a distribution is received from the estate.

Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.

Income from government and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received, and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the statement of financial activities. Irrecoverable VAT is charged against the expenditure heading for which it was incurred.

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.

Fixed Assets

Consecrated land and buildings and movable church furnishings

Consecrated and beneficed property is not included in the accounts in accordance with s.10(2)(c) of the Charities Act 2011.

Movable 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

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in the church’s inventory which can be inspected at any reasonable time. All expenditure incurred during the year on consecrated or beneficed buildings and movable church furnishings, whether maintenance or improvement, is written off.

Other land and buildings

Other land and buildings held on behalf of the PCC for its own purposes is valued at historic cost. The buildings are subject to regular inspection and repair and are therefore considered to have an indefinite life. The PCC is confident that the residual value of the asset is greater than the carrying amount. Therefore depreciation is therefore charged against such properties but any expenditure on maintenance or improvement is written off as incurred.

Other fixtures, fittings and office equipment

Equipment used within church premises is depreciated on a straight line basis over 5 years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired.

Current assets

Amounts owing to the PCC at 31[st] December in respect of fees, rents or other income are shown as debtors less any provision for amounts that may prove uncollectable.

Short term deposits include cash held on deposit either with CBF Church of England Funds or at the bank

Current liabilities

Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.

Pensions

Employees of the charity are entitled to join a defined contribution scheme. The Church’s contribution is restricted to the contributions disclosed in note 4.

Legal status

The PCC is a body corporate with perpetual succession without a seal established under section 3 of the Parochial Church Councils (Powers) Measure 1956. Its governing documents are Parochial Church Councils (Powers) Measure 1956. (as amended) and the Church Representation Rules (Schedule 3 to the Synodical Government Measure 1969 (as amended)).

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2 INCOME

Unrestricted Funds Restricted
Total
Total
General Designated Funds
2023
2022
2(a) Donations and Legacies
Planned Giving:
- Gift Aid donations 71,679 - 100 71,779 72,066
- Income Tax recoverable 18,339 - - 18,339 17,861
- Other planned giving 20,962 - - 20,962 19,554
Collections (open plate) 12,916 - - 12,916 6,998
Gift Days - - - - - 5
Sundry Donations 2,081 2,030 15,469 19,579 32,594
Grants 50 - 4,853 4,903 8,227
Legacies - 1,000 - 1,000 3,250
126,028 3,030 20,422 149,480 160,545
2(b) Income from Church Activities
Bookstall etc. - - - - -
Trips outings etc. - - - - 400
Statutory Fees 9,639 - - 9,639 10,402
Other income from use of church 3,025 250 396 3,671 4,558
facilities
12,664 250 396 13,310 15,360
2(c) Other trading income
Fundraising - - - - 583
Church Hall Lettings - 12,169 - 12,169 10,694
- 12,169 - 12,169 11,277
2(d) Income from Investments
Dividends and interest including any 332 2,420 1,770 4,522 1,481
reclaimed tax
332 2,420 1,770 4,522 1,481
2(e) Other income
Other income - - - - 1,160
TOTAL INCOME 139,023 17,869 22,588 179,480 189,823
Previous year 133,845 22,888 33,090 189,823

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3 EXPENDITURE

Unrestricted Funds Restricted
Total
Total
General Designated Funds
2023
2022
3(a) Expenditure on raising funds
Cost of fund-raising - - - - -
Stewardship costs 164 - - 164 166
164 - - 164 166
3(b) Expenditure on Church Activities
Missionary and charitable giving
Church Overseas
- missionary societies 4,290 - - 4,290 3,640
- relief and development 2,115 - - 2,115 -
- home missions etc 2,115 - - 2,115 3,580
- secular charities etc - - - - -
Ministry: - Diocesan Share 80,000 - - 80,000 80,000
- Clergy Expenses 4,218 - - 4,218 3,528
Church running expenses 10,188 - - 10,188 9,982
Church maintenance - 718 31,051 31,769 7,075
Upkeep of services 3,274 - - 3,274 2,318
Churchyard - 8,102 - 8,102 13,216
Expenditure on bookstall etc. - - - - -
Expenditure on trips etc. - - - - 1,323
Church Hall running costs - 14,049 - 14,049 13,279
Church Hall major repairs - 1,030 10,778 11,808 33,554
Salaries 14,483 232 300 15,015 14,025
Youth and children’s work 300 - - 300 276
Training - - - - 231
Mission 614 - - 614 655
Support costs
Printing & Stationery 1,125 - - 1,125 985
Postage & telephone 651 - - 651 344
Office equipment 1,362 - - 1,362 1,653
Bank charges 410 - - 410 427
Other support costs 407 - 151 558 399
Governance costs
Independent examination 1,137 - - 1,137 1,020
Other - - - - -
126,688 24,131 42,281 193,099 191,509
TOTAL EXPENDITUE 126,852 24,131 42,281 193,263 191,675
Previous year 120,955 30,270 40,450 191,675

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4. STAFF COSTS

Wages and Salaries
Social Security Costs
Pension costs
2023
2022
23,740 27,154
- - 1
174 155
23,914 27,308

The PCC employs a parish administrator, and a church hall cleaner (all part time). A sexton was also employed until March 2023. Vergers, clerks and organists are also employed on a casual basis for weddings and funerals. The average number of employees during the year was five (2021 six). In consequence of the transfer of responsibility for maintenance of the churchyard to Swindon Borough Council from 1st April 2024, our Sexton was made redundant at the end of March. He was paid statutory redundancy pay of £3170.

5. RELATED PARTY TRANSACTIONS

Payments to PCC Members

No trustees received any remuneration or were reimbursed expenses for their role as trustees.

Donations from PCC Members

Total donations of £45.187 were received from trustees. These donations were all given without conditions. Trustees also donate via church plate collections. These amounts are not recorded separately.

6. FIXED ASSETS

Church Hall
Cost at 01:01:2023
Cost at 31:12:2023
Freehold Land and
Building
Total
5,920
5920
5,920
5,920
5,920
5,920

The church hall was purchased from the Bristol Diocesan Board of Finance in 1964 under a trust deed which includes a clause allowing the seller to buy back the hall at cost in the event of a sale by the PCC. It is considered highly unlikely that they would exercise this option; nevertheless the church hall is valued in the accounts at historic cost.

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7. DEBTORS

Prepayments and accrued interest
Other debtors
2023
2022
141 137
16,259 6,529
16,400 6,666

8. LIABILITIES (FALLING DUE WITHIN ONE YEAR)

Deferred income
Accruals of utility and other costs
2023
2022
383 777
3,168 5,691
3,551 6,468

Deferred income represents income received in advance for post year-end events.

9. FUNDS

Unrestricted Funds
General Fund
Church Hall
Churchyard
Buildings
Organist Fund
Gift and Legacy
Other designated funds
Grants
Equipment
Sub Total
Restricted Funds
Church Hall
Churchyard
Buildings
Gift and Legacy
Other restricted funds
Grants
Sub Total
Total
Balance
Income
Expenditure
Transfers
Balance
01/01/2023
31/12/2023
16,214 139,023 126,852 - 9,500 18,885
82 12,192 14,049 5,000 3,224
6,299 147 8,102 5,000 3,344
3,464 111 1,747 - 1,828
45,661 1,696 - 3,500 50,857
9,251 3,425 - - 5,000 7,676
1,637 252 232 - 1,657
- - - - -
1,000 46 - 1,000 2,046
83,608 156,892 150,983 - 89,517
- - - - -
824 18 - - 842
39,746 21,719 41,830 - 19,636
812 230 - - 1,043
3,389 620 451 - 3,558
- - - - -
44,772 22,588 42,281 - 25,079
128,379 179,480 193,263 - 114,596

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The comparative figures for 2022 are set out below

Unrestricted Funds
General Fund
Church Hall
Churchyard
Buildings
Organ Fund
Gift and Legacy
Other designated funds
Grants
Equipment
Sub Total
Restricted Funds
Church Hall
Churchyard
Buildings
Gift and Legacy
Other restricted funds
Grants
Sub Total
Total
Balance
Income
Expenditure
Transfers
Balance
01/01/2022
31/12/2022
14,924 133,845 120,955 - 11,600 16,214
- 105 11,854 12,766 1,100 82
6,417 33 6,151 6,000 6,299
8,511 1,624 6,672 - 3,464
44,098 503 2,440 3,500 45,661
2,924 8,409 2,082 - 9,251
1,333 465 160 - 1,637
- -
- - -
- -
- 1,000 1,000
78,100 156,733 151,225 - 83,608
- -
- - -
877 7,012 7,066 - 824
47,077 25,513 32,844 - 39,746
794 19
- - 812
3,383 547 541 - 3,389
- -
- - -
52,131 33,090 40,450 - 44,772
130,231 189,823 191,675 - 128,379

The buildings funds contain funds for the maintenance and/or improvements of the church and/or church hall. The gift and legacy funds are used to monitor small oneoff donations. Donations for the churchyard, fabric and church hall are allocated to the appropriate funds. The other funds are small funds associated with various church activities including the bellringers and the choir.

Transfers have been made from the general fund to the churchyard and organist funds as part of the plan to provide for maintenance of churchyard and organ respectively. More details are given in the financial review on pages 7 to 9.

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10. ANALYSIS OF NET ASSETS

Fixed Assets for Church use
Current Assets
Current Liabilities
Fund Balance
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
Total
2023
2022
5,920
0
0
5,920
5,920
87,148
25,079
0
112,227
128,928
-3,551
0
0
-3,551
-6,468
89,517
25,079
0
114,596
128,379

The comparative figures for 2022 are set out below

Fixed Assets for Church use
Current Assets
Current Liabilities
Fund Balance
Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
Total
2022
2021
5,920
0
0
5,920
5,920
84,156
44,772
0
128,928
137,522
-6,468
0
0
-6,468
-13,210
83,608
44,772
0
128,379
130,231

11. FINANCIAL RISK MANAGEMENT

The charity has minimal exposure to customer credit risk, liquidity risk and market risk. Please refer to the financial management section of the trustees annual report on page 9 for information on how risks are managed. The charity does not have any non basic financial instruments.

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INDEPENDENT EXAMINER’S REPORT TO THE PAROCHIAL CHURCH COUNCIL OF WROUGHTON AND WICHELSTOWE.

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2023 set out on pages 15 to 25.

Respective responsibilities of trustees and examiner

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with 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 with 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 evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s 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:

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I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

James Gare

Monahans, Chartered Accountants, Hermes House, Fire Fly Avenue, Swindon, SN2 2GA

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