THE PCC OF THE ECCLESIASTICAL PARISH OF LINTHORPE, MIDDLESBROUGH
ANNUAL REPORT AND STATEMENT OF FINANCIAL ACTIVITIES OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2022
CHARITY REGISTRATION No: 1131212
ST BARNABAS PAROCHIAL CHURCH COUNCIL
CONTENTS
| Page 3 to 4 | Legal and Administrative Information |
|---|---|
| Page 5 | Independent Examiners Report to the Trustees |
| Page 6 to 7 | Review of the Year |
| Page 8 | Statement of Financial Activities |
| Page 9 | Balance Sheet |
| Pages 10 to 20 | Notes to the Financial Statements |
ST BARNABAS PAROCHIAL CHURCH COUNCIL
Page 3
LEGAL AND ADMINISTRATIVE INFORMATION
PAROCHIAL NAME The Parochial Church Council of the Ecclesiastical Parish of Linthorpe, Middlesbrough.
WORKING NAME St Barnabas Parochial Church Council CORRESPONDENCE ADDRESS Church Office St Barnabas Church Hall 1a St Barnabas Road Linthorpe Middlesbrough Cleveland TS5 6JR 01642 812622
PCC MEMBERS OF THE CHURCH
Clergy Revd Dr David Goodhew Revd Lindsey Goodhew Revd Mark Walley Church Wardens Melanie Downs (retired May 2022) Andrew Devereux Gail Roberts (from May 2022) Diocesan Synod Deanery Synod Retire 2023 Barbara Edwards (secretary), Kate Morris, Alistair Bolton, Allison Ward Elected Members During the year, the following served as members of the PCC: Retired May 2022 Paul Bury, Penny Whiteway, Stuart Gunn Retire 2023 Malcolm McGregor, Gail Roberts, Lubna Simon Phil Edwards (co-opted July 2022) Retire 2024 Thomas Mallam, Ruth Ritchie, Lynda Walker Retire 2025 Sue Bell (elected May 2022) CHARITY NUMBER 1131212 OBJECTS Promoting in the ecclesiastical parish the whole mission of the Church.
ST BARNABAS PAROCHIAL CHURCH COUNCIL
Page 4
LEGAL AND ADMINISTRATIVE INFORMATION (continued)
PRIMARY BANKERS
HSBC Bank plc Nationwide Building Society 60 Albert Road PO Box 3 Middlesbrough 5-11 St Georges Street Cleveland Douglas TS1 1SR Isle of Man IM99 1AS
INDEPENDENT EXAMINER J Irvinesmith FCIE Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF
BACKGROUND The responsibilities and duties of Parochial Church Councils are set out in the Parochial Church Councils (Powers) Measure 1956.
The PCC of St Barnabas Church Linthorpe, has responsibility, with the incumbent, Revd Dr David Goodhew, for the mission, worship, and pastoral ministry of the Church of England in the ecclesiastical parish of Linthorpe in the Diocese of York.
In addition it has maintenance responsibilities for the church building, the church hall and car park complex on St Barnabas Road, Linthorpe, Middlesbrough and for the house at 23 Linden Grove, Linthorpe.
COMMITTEES The PCC operates through the Church Leadership Team and a number of sub-committees consisting of PCC members and others coopted from members of the church, as follows: CHURCH LEADERSHIP TEAM Oversees the day to day running and the strategic direction of the ministry of the Church. STANDING COMMITTEE This is the only committee required by law. It has power to transact any urgent business of the PCC between its meetings. FINANCE COMMITTEE
Oversees the general financial dimension of the work of St Barnabas. It meets once or twice a year, in particular to review the monitoring of income and expenditure and to formulate a budget for the next year. FACILITIES MANAGEMENT COMMITTEE Attends to matters relating to church buildings and fabric, the church house, audio-visual equipment and lettings. MISSION COMMITTEE Keeps the church members informed of the needs of the charities and projects we support and recommends to the PCC the amounts we donate to these.
ST BARNABAS PAROCHIAL CHURCH COUNCIL
Page 5
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS
This report on the financial statements of the PCC for the year ended 31 December 2022, which are set out on the following pages, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 ('the Regulations') and s.144 of the Charities Act 2011 ('the Act').
Respective Responsibilities of the PCC and the Examiner
As the members of the PCC you are responsible for the preparation of the financial statements; you consider that the audit requirement of the Regulations and section 145 of the Charities Act 2011 does not apply. It is my responsibility to issue this report on those financial statements accounts in accordance with the terms of the Regulations. The gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Charity Independent Examiners.
Basis of Independent Examiner's Report
My examination was carried out in accordance with the General Directions given by the Charity Commission under section 145 (5) (b) of the Act and to be found in the Church Guidance, 2006 edition, issued from 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 with those records. It also includes considering 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 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 matter has come to my attention:
1) which gives me reasonable cause to believe that in any material respect the requirements
● to keep accounting records in accordance with section 130 of the Act; and
●to prepare accounts which accord with the accounting records and to comply with the requirements of the Act, and the Regulations have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
J Irvinesmith FCIE Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF Dated: 16th October 2023
ST BARNABAS PAROCHIAL CHURCH COUNCIL
Page 6
REVIEW OF THE YEAR ENDED 31 DECEMBER 2022
Vicar's Report
This year has seen the return to normal activities and events for the church after Covid and the opportunity to reach out into the community with the love of Jesus. A mission weekend, Taste and See, was held in March, with an international quiz and guest speaker Warren Furman, Ace from the Gladiators television programme.
The PCC decided to make the Mission Action Plan priority, ‘Blessing those aged 0-25’ a focus for the year. Ties with local primary schools have been strengthened, with several assemblies led by St Barnabas staff and Big Kids and visits to the church. Both Linthorpe and Ayresome Schools had Christmas events in the church. The new weekday group for 7-11s, Explore, run with Big Kids has been established, meeting every fortnight during term time. In July there was a church weekend, with a family ceilidh in the church hall and a trip to Saltburn beach.
Middlesbrough Community Grocery opened in June, run in partnership with the Message Trust. Alongside the groceries (about 70 individual shopping visits a day), there have been courses on debt advice, healthy cooking, employment skills, peer support in men’s mental health, Alpha and the Exploring Hope course, as well as a Grocery Choir. In November a grocery café was opened in the church hall on a Thursday morning, to offer a warm and welcoming space to grocery members.
Hazel Murray continued as part-time student worker at Teesside University, with many students continuing to attend St Barnabas during the year, including many international students.
Seb Rab, worship pastor, left St Barnabas in May and Robin Harrison and Oli George were appointed as parttime worship pastors, with Kel Profitt as volunteer worship assistant.
To celebrate the Queen’s Platinum Jubilee in June the church held a Platinum Jubilee Tea in the church, funded by a community grant from Middlesbrough Borough Council. On the death of the Queen in September, the church was open for private prayer and reflection and on the day of the funeral, the service was shown on the screen in church.
Financial Report
i. Unrestricted Funds
Our unrestricted funds (excluding designated funds and unrestricted fixed assets) showed a significant decrease in the year from a balance of £74,233 at the year start to a balance of £59,368 at the year end. This compares with a reserves target of £55,600, which represents 10 weeks' expenditure. The year end balance takes into account the £10,114 transferred from the Future Staffing Fund. The regular giving increased by nearly 5%, and the situation was helped by two legacies totalling over £20,000.
The expenditure on buildings (£58,000, excluding depreciation) was much higher than the recent average (about £31,000). This was mostly due to an unplanned replacement of the hall boiler at the end of the year. It was a complex job involving a lot of additional work and cost over £30,000. Staffing costs increased by 7%.
ii. Designated Funds
The Future Staffing fund was created to build up reserves to pay for new staff members. It originally held £20,114, half of which was used in 2021 and the remainder in 2022 to contribute towards the cost of the enlarged staff team.
The Toddler fund balance was cleared by transfer from the unrestricted fund and will now be closed.
The Development Fund (money from the sale of 64 Queen's Rd) remains at £41,570. It was not used during 2022, but is available for the development of the ministry of the church. It is anticipated that much of it will be used in 2023.
8ARNA PAROCHIAL CHURCH COUNCIL Page 7 ENDED 31 CONT. dal iy.R Inwne for th¢ Jathie EJ¢ Cllnlc in Ghang was In the form of £4,430 ral$ at Ihe Craft Ald evert, £4,783 from donaliorffj aThl £45 from ts sale of cards. £8,800 was senl to Ihe clinlc. th more reaty to sernl in early 2023. £2,125 glven to Ihe fuThJ to 8UPPOrt b111 ChlJren in Ghana arKI £2.100 Wds sent on to Sr Aba lo uso for ttrxlr benefit. £1,090 bva$ lo Mp locol peopk In nJ. r#ilg1ty vllh debt probl•ns. from donollons to lh8 kts435 project. The organ malntenan¢e stands at £11,697. arKI thls 18 available for the orrfJdrvJ Mntenarth of the refurbished oryan. £260 was raised al a coffee mcffiiTrJ arn1 £82 from lh8 sale of -made [d$ for the Blbl8 S(Mlety for work its in Chlna. W¢ sent this to the Society in December 2022. . ReseThw Pollc See Note IS on Page 19. TrnstO68 Roopon8lbllftlos The Charltks Acl 2011 r4ulres the truslee3 to prepare financlal statements foi each financial w whith gNe a true and fair vlew of the State of affalrs of Irust and of the surplu$ of tte trl for thal pwÈDd. In eparing those financ1 statements the trustee8 are required to.. Select suilablo a¢cwntlrKJ polKi8$ and atwy Ihem consistently Make judgemerms aThl estimates that are asonable and prud Prepaffj flnaniial ststements on the goirwj £onen basls UTh8 K 18 n8ppToprlate to wesune that Ihe tru$l will continuo In exlstence. The tr160$ are responsible for keepEry propw a¢cour)tlng records, dlsdose wlth reaSCabY8 8¢curaw at ary time the financial position of tr trust. They 8re also respcmsible for safeguarding the a88ets of the trust and nce for taking reasonable $l¢ps for ttr prevenU¢)n and deteetion of itraud and oti IrregarlI5e8. 2022 and tha Impacl of COVID-19 Sunday att8ThYance is now slmilar to pcov[D le¥e18. Regul8r gi¥lng Is hher, even IUgh ttwe is offerlng taken as part ofth? services. Most people g've the P8rlsh Givlng Scl)wne or through thelr bank. IXA It Is pOlble to gve in vi8 a contadess c8rd machir or a donation5 box. Swed on behalf oflt* Trustee . Re Dr Da¥ld Goodh8W, Vlcar and PCC Chalmlan Date: 15th October 2023
ST BARNABAS PAROCHIAL CHURCH COUNCIL
Page 8
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022
| Notes INCOME & ENDOWMENTS FROM : Donations & Legacies 3a Other Trading Activities 3b Income from Investments 3c Income from Charitable Activities 3d Other Income 3e TOTAL INCOME EXPENDITURE ON : Raising Funds 4a Charitable Activities 4b TOTAL EXPENDITURE Net income/(expenditure) Add transfers between funds Net movement in funds Reconciliation of Funds Funds at 1st January 2022 TOTAL FUNDS CARRIED FORWARD at 31st December 2022 |
Unrestricted £ 267,111 15,542 225 24,078 9,291 ______ 316,247 0 343,774 343,774 -27,527 10,114 -519 0 -17,933 862,166 844,233 |
Designated £ 0 0 0 0 0 _____ 0 0 0 0 0 -10,114 519 0 -9,594 51,165 41,570 |
Restricted 2022 2021 £ £ £ 9,471 276,582 246,692 4,430 19,972 16,637 0 225 34 0 24,078 17,041 0 9,291 11,524 _____ 13,901 330,148 291,928 117 117 0 13,970 357,744 308,866 14,087 357,861 308,866 -186 -27,713 -16,938 0 0 0 0 0 0 0 0 0 -186 -27,713 -16,938 20,839 934,170 951,108 20,654 906,457 934,170 Year ended 31/12 |
|
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ST BARNABAS PAROCHIAL CHURCH COUNCIL Page 9 ALANCE SH OECEMBER 202 TawJibl& assets 785.407 785,407 787.932 CURRENT A8SErs Debtors Cash at nk In hand 8.734 94,838 8.937 115,378 10,588 138,442 20.540 103.572 20,742 124,314 149,030 EToRs . arnr falli due wfthkn on¢ ypar 3,178 89 3,265 2.792 NETC RRE 11x1,396 20,654 121.050 146237 ET 885.803 20,654 R6Strfcled fvnds 20,654 20,839 Unmstricled funds 74,233 Designd furn19 41.570 41,570 51.165 xed Assets 785,407 785,407 787,932 885,803 906,457 934,170 by Tntstses on the 15th OLober 2023 and Slgned on b8haW of11 Trustees . Dr Davld Goodhthv Vl¢8r and PCC Chalmian
ST BARNABAS PAROCHIAL CHURCH COUNCIL
Page 10
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/22
1. ACCOUNTING POLICIES
Basis of preparation
The financial statements of the charity have been prepared under the Church Accounting Regulations 2006 in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 2011. The PCC constitutes a public benefit entity as defined by FRS102.
Funds
Restricted Funds represent (a) income from trusts or endowments which may be extended only on those restricted objects provided in the terms of the trust or the bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.
Unrestricted Funds are general funds which can be used for PCC ordinary purposes.
Designated funds are unrestricted funds set aside for specific purposes by the PCC.
Income and Endowments
Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate are received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.
Expenditure
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. The diocesan quota or parish share is accounted for when due. Amounts received specifically for Mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.
Fixed Assets
Consecrated and Beneficed property is excluded from the accounts by s.10(2) of the Charities Act 2011. No Value is placed on movable church furnishings held by the church wardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA and separately disclosed.
Equipment used within the church premises is depreciated on a straight line basis over 10 years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired.
Investments are valued at market value at 31st December.
ST BARNABAS PAROCHIAL CHURCH COUNCIL
Page 11
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/22 (CONT.)
Grants payable without performance conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
Changes in Accounting policies and previous accounts
There has been no change to the accounting policies (variation rules and methods of accounting) since last year, and no changes to the previous accounts.
Measurement of debtors and creditors
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. The PCC has creditors which are measured at settlement amounts less any trade discounts.
2. TANGIBLE FIXED ASSETS
| EQUIPMENT Cost 1st January 2022 Additions /subtractions Cost at 31st December 2022 Depreciation 1st January 2022 Charge Depreciation at 31st December 2022 Net Book Value 31st December 2022 31st December 2021 |
Freehold Furniture Fixtures Equipment Property & Fittings Total £ £ £ £ £ 756,587 38,132 89,013 3,783 887,515 0 0 5,061 0 5,061 756,587 38,132 94,074 3,783 892,576 0 32,194 67,011 378 99,583 0 1,307 5,901 378 7,586 0 33,501 72,912 757 107,169 756,587 4,632 21,162 3,027 785,407 756,587 5,938 22,002 3,405 787,932 |
|---|---|
Notes :
-
(1) Freehold property at 1st January 2022 consisted of
-
(a) House at 23 Linden Grove, valued at cost (£6,587).
(b) The Church hall and all land shown edged red and green on the title plans is held at deemed cost (as reliable cost information is not available) as valued by Andrew Argyle MA FRICS at £750,000.
(2) Depreciation is applied annually to all furniture, fixtures and fittings at 10% from the first year of their full use for 10 years.
ST BARNABAS PAROCHIAL CHURCH COUNCIL
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/22 (CONT.)
INCOME & ENDOWMENTS
3a. DONATIONS & LEGACIES
| Collections (not gift aided) Gift aided donations Tax received from Gift Aid Other donations and loan income Grants Legacies 3b. OTHER TRADING ACTIVITIES Hall and church lettings Sales of materials and services Craft aid (Jachie) Plant stall (Jachie) Coffee mornings for Robinsons Sponsored toddle 3c. INCOME FROM INVESTMENTS Bank interest 3d. INCOME FROM CHARITABLE ACTIVITIES |
Unrestricted £ 4,441 153,860 35,842 48,423 3,640 20,905 267,111 15,332 210 0 0 0 0 15,542 225 225 150 5 2,140 20,543 692 67 481 0 24,078 0 9,291 0 0 9,291 |
Designated £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
Restricted 2022 £ £ 0 4,441 2,297 156,157 2,003 37,845 4,809 53,232 362 4,002 0 20,905 9,471 276,582 0 15,332 0 210 4,430 4,430 0 0 0 0 0 0 4,430 19,972 0 225 0 225 0 150 0 5 0 2,140 0 20,543 0 692 0 67 0 481 0 0 0 24,078 0 0 0 9,291 0 0 0 0 0 9,291 |
2021 £ 1,474 168,082 40,683 32,291 4,162 0 246,692 12,021 0 4,616 0 0 0 16,637 34 34 0 60 1,066 15,762 153 0 0 0 17,041 661 8,446 2,367 50 11,524 |
|
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| Coffee and tea Bookstall PCC fees for special services Events Mini Praise / Toddlers Other outreach Barneys Band Church history 3e. OTHER INCOME Insurance claims Diocese reimbursement for Student Worker VAT refunds on utilities for previous years Miscellaneous |
ST BARNABAS PAROCHIAL CHURCH COUNCIL
Page 13
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/22 (CONT.)
EXPENDITURE
| 4a. RAISING FUNDS Craft aid 4b. CHARITABLE ACTIVITIES 4.1b Grants to Other Bodies Aceactive Acts 435 Angel Tree Project Bible Society Big Kids Blind children (Ghana) Boro Angels Christian Aid Crosslinks (Robinsons) / Place of Grace CPAS/holiday camps Internship Support Jachie Eye Clinic Mescos The Message Trust Middlesbrough Foodbank Open Door Interserve (SE Asia) Sowing Seeds St. Columba Project Tear Fund Teesside Hospice Together Middlesbrough & Cleveland Acting as agent Institutional Grants subtotal |
Unrestricted £ 0 0 500 0 100 493 1,000 0 450 250 5,900 0 0 2,800 2,500 1,000 0 800 2,500 700 0 3,600 0 800 0 23,393 |
Designated £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
Restricted £ 117 117 0 1,000 0 342 0 2,100 0 0 0 0 0 8,690 0 0 0 0 0 0 0 0 0 0 1,111 13,243 |
2022 £ 117 117 500 1,000 100 834 1,000 2,100 450 250 5,900 0 0 11,490 2,500 1,000 0 800 2,500 700 0 3,600 0 800 1,111 36,636 |
2021 £ 0 0 0 1,670 100 588 700 1,600 450 250 7,584 0 0 13,364 2,500 0 0 800 2,600 400 0 3,300 0 800 0 36,706 |
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Note : It is current PCC policy that our Kingdom Mission giving, represented by the unrestricted items above, is 10% of unrestricted giving (including legacies and tax reclaimed) in the previous year.
| 4.2b Diocesan quota 4.2c Affiliations Evangelical Alliance Fusion Affiliations subtotal |
123,900 0 0 123,900 122,400 250 0 0 250 250 750 0 0 750 750 1,000 0 0 1,000 1,000 |
|---|---|
ST BARNABAS PAROCHIAL CHURCH COUNCIL
Page 14
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/22 (CONT.)
EXPENDITURE (CONT.)
| Unrestricted £ 4b. CHARITABLE ACTIVITIES (CONT.) 4.3b Maintenance of Buildings and Grounds Church maintenance 5,846 Hall upkeep 34,241 New furniture and equipment 618 Church and hall insurance 6,936 Vicarage costs 146 Linden Grove upkeep 796 Other maintenance costs 4,547 Building improvement projects 5,403 Depreciation 7,586 Buildings subtotal 66,120 4.4b Utilities Costs Gas 7,526 Electricity 5,410 Water 1,066 Utilities subtotal 14,003 4.5b Personnel Costs Worship Leader 20,902 Media Worker 11,000 Student Worker 9,291 Church Administrator 8,174 Hall Cleaner 4,360 NI Contributions 0 Pension contributions 1,352 Staff and lay expenses 1,363 Gap year workers 750 Advertising / interviewing 343 Other staff costs 466 Personnel costs subtotal 58,000 |
Designated £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
Restricted £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
2022 £ 5,846 34,241 618 6,936 146 796 4,547 5,403 7,586 66,120 7,526 5,410 1,066 14,003 20,902 11,000 9,291 8,174 4,360 0 1,352 1,363 750 343 466 58,000 |
2021 £ 4,574 11,297 0 6,271 98 1,770 2,707 0 9,507 36,225 10,332 3,161 858 14,351 17,294 10,066 8,446 7,431 4,038 0 559 1,200 750 0 379 50,163 |
|---|---|---|---|---|
Church maintenance Hall upkeep New furniture and equipment Church and hall insurance Vicarage costs Linden Grove upkeep Other maintenance costs Building improvement projects Depreciation Buildings subtotal 4.4b Utilities Costs Gas Electricity Water Utilities subtotal 4.5b Personnel Costs Worship Leader Media Worker Student Worker Church Administrator Hall Cleaner NI Contributions Pension contributions Staff and lay expenses Gap year workers Advertising / interviewing Other staff costs Personnel costs subtotal |
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/22 (CONT.)
EXPENDITURE (CONT.)
| 4b. CHARITABLE ACTIVITIES (CONT.) 4.6b Activities costs Youth General Students and Young Adults Flowers Music and licenses Sound & video equipment Organ and piano maintenance Bookstall Catering Events Discipleship courses Other activities Activities subtotal 4.7b Outreach costs Outreach courses Equipping Website Welcome Break Vicar's Discretionary Fund Children/families (inc F.Fridays&F.of Fun) Outreach to students Asylum Seekers Community Grocery Other outreach Outreach subtotal 4.8b Administration Costs Office supplies Office Phone Office Computer Office Copier Office systems Administration subtotal 4.9b. Governance Costs Independent Examiner's fees Other fees/charges Governance costs subtotal CHARITABLE ACTIVITIES TOTAL |
Unrestricted £ 3,598 1,117 2,224 1,877 791 159 0 1,792 18,737 91 2,527 32,913 412 0 2,498 0 0 11,157 0 0 3,614 1,206 18,888 1,009 233 0 1,508 1,198 3,948 1,098 511 1,609 343,774 |
Designated £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
Restricted £ 0 0 0 0 0 727 0 0 0 0 0 727 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13,970 |
2022 £ 3,598 1,117 2,224 1,877 791 886 0 1,792 18,737 91 2,527 33,640 412 0 2,498 0 0 11,157 0 0 3,614 1,206 18,888 1,009 233 0 1,508 1,198 3,948 1,098 511 1,609 357,744 |
2021 £ 875 0 1,661 1,586 1,575 499 0 1,257 15,503 0 1,541 24,498 11 0 3,092 0 0 12,874 58 0 0 10 16,045 1,178 165 0 1,658 584 3,585 1,074 128 1,202 306,175 |
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ST BARNABAS PAROCHIAL CHURCH COUNCIL
Page 16
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/22 (CONT.)
| 5a. DESIGNATED FUNDS Current year Toddlers Development Future Staffing TOTAL Previous year Toddlers Development Future Staffing TOTAL |
At 1/1/22 £ -519 41,570 10,114 51,165 At 1/1/21 -519 41,570 20,114 61,165 |
Incoming £ 0 0 0 0 Incoming 0 0 0 0 |
Outgoing £ 0 0 0 0 Outgoing 0 0 0 0 |
Transfers £ 519 0 -10,114 -9,594 Transfers 0 0 -10,000 -10,000 |
At 31/12/22 £ 0 41,570 0 41,570 At 31/12/21 -519 41,570 10,114 51,165 |
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5b. DESCRIPTIONS OF DESIGNATED FUNDS
Toddlers - Mother and Toddler group (closed) . This year the negative balance was cleared by transfer from the unrestriced fund.
Development - Fund set up for future development using net proceeds from the sale of 64 Queens Road. Future Staffing - Fund created to build up a reserve available for employment of new staff . This year the remaining amount was used towards the cost of the enlarged staff team.
| 6a. RESTRICTED FUNDS Current year Jachie Blind children in Ghana Robinsons Church holidays Ayresome Youth Worker Acts435 Organ maintenance Bible Society (China) Interserve (SE Asia) Vicar's Discretionary Fund Acting as an Agent Total restricted funds Previous year Jachie Blind children in Ghana Robinsons Church holidays Ayresome Youth Worker Acts435 Organ maintenance Bible Society (China) Interserve (SE Asia) Vicar's Discretionary Fund Total restricted funds |
At 1/1/22 £ 6,985 578 0 528 141 180 12,424 0 0 4 0 20,839 At 1/1/21 3,027 81 44 528 141 540 12,923 138 100 4 17,526 |
Incoming £ 9,213 2,125 0 0 0 1,090 0 342 20 0 1,111 13,901 Incoming 14,722 2,096 2,540 0 0 1,310 0 50 0 0 20,718 |
Outgoing £ 8,807 2,100 0 0 0 1,000 727 342 0 0 1,111 14,087 Outgoing 10,764 1,600 2,584 0 0 1,670 499 188 100 0 17,405 |
Transfers £ 0 0 0 0 0 0 0 0 0 0 0 0 Transfers 0 0 0 0 0 0 0 0 0 0 0 |
At 31/12/22 £ 7,391 603 0 528 141 270 11,697 0 20 4 0 20,654 At 31/12/21 6,985 578 0 528 141 180 12,424 0 0 4 20,839 |
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ST BARNABAS PAROCHIAL CHURCH COUNCIL
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/22 (CONT.)
6b. DESCRIPTIONS OF RESTRICTED FUNDS
Jachie - Donations and funds raised for the Jachie Eye Clinic in Ghana. Blind childen - Donations to support specific blind children in Ghana. Robinsons - Funds raised to support the Robinsons in Thailand.
Church holidays - Donations to assist church members who cannot afford the cost of a church holiday. Ayresome Youth Worker - Fund for evangelism relating to children living in Ayresome. Acts435 - Internet scheme to help the local poor.
Organ maintenance - Donations for organ maintenance and restoration.
Bible Society (China) - Funds raised by selling hand-made cards for the Bible Scoiety to use in China Interserve (SE Asia) - Donation to support work in SE Asia.
Vicar's Discretionary Fund - Grant for discretionary financial support from the vicar. Acting as an Agent - Donations given to pass on to another charity.
| 7. CASH AT BANK AND IN HAND Unrestricted Funds £ Cash at year end 0 HSBC Community Account 12,047 HSBC Business Money Manager Account 31,450 Nationwide Building Society Account 51,341 94,838 8. DEBTORS Prepayments 1,879 Other debtors 6,855 8,734 9. CREDITORS Accruals 1,844 Other creditors 1,332 3,176 10. ANALYSIS OF NET ASSETS BETWEEN FUNDS Current year |
Restricted Funds £ 0 0 20,540 0 20,540 0 203 203 0 89 89 |
31/12/22 Total £ 0 12,047 51,990 51,341 115,378 1,879 7,058 8,937 1,844 1,421 3,265 |
31/12/21 Total £ 1 12,275 74,959 51,207 138,442 851 9,737 10,588 2,759 34 2,792 |
|---|---|---|---|
| Current year |
| Fund balances at 31/12/22 are represented by : Tangible fixed assets Current assets Creditors : amount falling due within one year Net assets |
Unrestricted £ 28,820 62,002 3,176 87,646 |
Designated £ 0 41,570 0 41,570 |
Restricted £ 0 20,742 89 20,654 |
Property £ 756,587 0 0 756,587 |
Total £ 785,407 124,314 3,265 906,457 |
|---|---|---|---|---|---|
ST BARNABAS PAROCHIAL CHURCH COUNCIL
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/22 (CONT.)
10. ANALYSIS OF NET ASSETS BETWEEN FUNDS (CONT.)
| Previous year Tangible fixed assets Current assets Creditors : amount falling due within one year Net assets |
Unrestricted Designated |
Unrestricted Designated |
Restricted £ 0 20,839 0 13,242 |
Property £ 756,587 0 0 756,587 |
Total £ 787,932 149,030 2,792 934,170 |
|---|---|---|---|---|---|
| £ 31,345 77,026 2,792 97,676 |
£ 0 51,165 0 101,606 |
11. FUNDS RECEIVED AS AGENT
| Balance Held | Balance Held | |||||||
|---|---|---|---|---|---|---|---|---|
| Amount Received | Amount Paid Out | at | Period End | |||||
| Description | Related | This Year Last Year |
This Year **Last Year ** |
This Year Last Year |
||||
| Wedding/funeral fees | Party? | £ £ |
£ £ |
£ | £ | |||
| to York Diocese | N | 2,764 2,057 |
2,764 2,057 |
0 | 0 | |||
| Wedding/funeral fees | ||||||||
| for verger/organist | N | 1,063 705 |
1,063 705 |
0 | 0 | |||
| Funeral donations | ||||||||
| for specified charity | N | 0 | 0 | 0 0 |
0 | 0 | ||
| Gift received to pass on | ||||||||
| to a specified charity | N | 1,111 | 0 | 1,111 0 |
0 | 0 | ||
| YDBF money to cover | ||||||||
| Student Worker pay | N | 9,291 8,446 |
9,291 8,446 |
0 | 0 | |||
| Total | 14,229 11,208 |
14,229 11,208 |
0 | 0 | ||||
| 12. STAFF COSTS AND | NUMBERS | 31/12/22 31/12/21 |
||||||
| Gross Wages and Salaries | £ £ 53,727 49,965 |
|||||||
| Employer NI Contributions | 1,194 1,710 |
|||||||
| Employer NI Relief | -1,194 -1,710 |
|||||||
| Employer pension contributions | 1,235 500 |
|||||||
| Employer life cover | 117 59 |
|||||||
| 55,078 50,524 |
Employees were engaged in each of the following activities:
| Administrator Hall cleaning Worship Leader Media Worker Student Worker |
31/12/22 TOTAL 1 1 2 1 1 6 |
31/12/21 TOTAL 1 1 1 1 1 5 |
|
|---|---|---|---|
No employees received emoluments in excess of £60,000. Staff are paid through the PAYE system.
There were no payments made to key management personnel for their services.
ST BARNABAS PAROCHIAL CHURCH COUNCIL
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/22 (CONT.)
13. TRUSTEES AND OTHER RELATED PARTIES
31/12/22 31/12/21
| No. of Trustees who were paid expenses Total amount paid £ |
2 2 1,200 1,200 |
|---|---|
Revd Dr David Goodhew and Revd Lindsey Goodhew received expenses to cover routine expenditure as vicar and associate vicar. This includes phone, travel and small scale entertaining. Irregular/one-off expenses are claimed separately.
A Bolton is trustee of Big Kids; The PCC have a Service Level Agreement at £10,000/year in place with Big Kids, under which they organize events for children and families. The PCC also made a £1000 donation to Big Kids.
Revd L Goodhew is trustee of Together Middlesbrough and Cleveland; In 2021 they provided grants totalling £4276 to enable the church to run Feast of Fun, an initiative to relieve holiday hunger, where food and activities are distributed to families, particularly vulnerable families. At the end of the year £213 remained unspent, and this was returned to TMC in 2022. The PCC made a donation of £800 to TMC for core funding.
A donation of £3000 was received from the Lyndhurst Trust, of whom Revd L Goodhew is a trustee. This was specified to be for work with students and to assist children to attend the Criccieth CPAS camp.
14. RISK ASSESSMENT
The major risks to which the PCC is exposed have been reviewed and systems established to manage those risks. Risks are managed by the PCC and its sub committees, drawing on the expertise of other church members in such areas as building maintenance, health and safety and legal matters. The PCC has a policy on child protection, requiring all those involved in work with children to have DBS checks. Advice and further specialist expertise can be obtained from the diocese as required.
15. RESERVES POLICY
The reserves policy that at least 10 weeks' expenditure is needed for cash flow and contingency purposes remains unchanged. This is based on the church's size, the level of financial commitments, and the volatility in income and expenditure experienced in recent years. The trustees will endeavour not to set aside funds unnecessarily.
16. PUBLIC BENEFIT
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
ST BARNABAS PAROCHIAL CHURCH COUNCIL
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/22 (CONT.)
17. PENSION SCHEME
St Barnabas church participates in the Pension Builder Scheme section of Church Workers Pension Fund for lay staff. The Scheme is administered by the Church of England Pensions Board, which holds the assets of the schemes separately from those of the St Barnabas church and the other participating employers.
The Pension Builder Scheme of the Church Workers Pension Fund is made up of two sections - a deferred annuity section known as Pension Builder Classic and a cash balance section known as Pension Builder 2014. Both of which are classed as defined benefit schemes.
Pension Builder Classic provides a pension, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from time to time. Discretionary increases may also be added, depending on investment returns and other factors.
Pension Builder 2014 is a cash balance scheme that provides a lump sum which members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared is payable, unreduced, from age 65.
There is no sub-division of assets between employers in each section of the Pension Builder Scheme.
The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the SoFA in the year are the contributions payable (2022: £1,235)
A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation was carried out as at 31 December 2019. The next valuation is due as at 31 December 2022.
For the Pension Builder Classic section, the valuation revealed a deficit of £4.8m on the ongoing assumptions used. At the most recent annual review, the Board chose to grant a discretionary bonus of 10.1% following improvements in the funding position over 2022. There is no requirement for deficit payments at the current time. For the Pension Builder 2014 section, the valuation revealed a surplus of £5.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time.
The legal structure of the scheme is such that if another employer fails, St Barnabas church could become responsible for paying a share of the failed employer’s pension liabilities.