PAROCHIAL CHURCH COUNCIL OF ST MARY'S HAREFIELD Annual Roport and Accounts for the year ended 31 Decemb?r 2023 Incumbent The Reverend Martin Davies The Vicarage Countess Close Harefield Middx Bank Santander an¢J N8tion81 Westrninstsr Indep•ndont Examlner Chartes Hornan FCA PAROCHIAL CHURCH COUNCIL OF ST MARYS HAREFIELD Annual Report for tho year ended 310ecember 2023 Admlni¥trntlw Informatlon The PCC has the r8sponsiblllty of cTropeTaling with the Incumbènt, tha Rev&rend Martin Dovies In Pfomoting the e¢clesiasttcal parish of HaTefield. th8 whol8 misslon of the Churth. pastoral. ev8ngelistlc. sodal and ecumgnical. Tho PCC also ha8 maintenancg and other ￿pOnrjblfrtles for the Church and Church H811 in Harefield. Middlesex PCC M•mber8hlp Members ol the PCC are ¥tther ￿ offiLio or elected al the Annu81 Parochial Church Meetlng IAPCM> In ccordan¢e with th& Chur¢h Repr&sent8Uon Rul88. During the year the folloying seNed as members ofthÈ PCC.. Th8 Revd Martin Davi&8 Chaiman Incumb•nt: Cur•te: Ward•n$: R¢)wena Scott Mark Dalton Dawn Davies Chlldren'B Advo￿1• Cl•rk of Worko Mork Dalton Se¢r¢tary Trea$uTrr Jlll Dallon Glft Ald S•c. Jill Dalton Admlni8trntor El•ctod memb•r• Rilo Bal&son Shirloy Higgins Roz Booth Llzzie Sumner Lg51ie Dutton Trovor Chldgy Sue H￿ett K8vin Hughe8 Brenda I￿$ Ann Badhams Romna Scott Unlll APCM 2023 Until APCM 2023 From APCM 2021 From APCM 2021 Until APCM 2023 Until 2024 From APCM 2022 Frorn APCM 2023 From APCM 2023 From APCM 2023 From APCM 2023 Deanery Synod Paul Mand•r Stru¢tur•, governan¢• and man*g•m•nt Membership of th8 PCC is dètemined undef the Church R8presantatlon Rule3 and consists of cert#ln ex-offiryo members (the incumbenUprt851-in-ch8rge. wrate, lay readers licensed lo offiu8te in the church), the church wa¥den5 and members of the Deanery. Dioc8$an or General sYn￿s and members of the church vh)0 arg elected al the Annu81 Pafo¢hial ChuT¢b Meebng IAPCMI. Mgrnbers are warmly encour•gad lo Stand for ele¢tton lo th8 PCC and w• try lo ensu￿ a b81an¢2 of skills and oxperien where pussibl• ObJ8etlves and actlvltlefj The PCC has Ihe responsibillty of C(￿peratIng wsth Ihe in￿rnben1 In promoling in th8 eccl8slastical parish of Harefield th8 Who￿ mission of the Church. pastoral. evangelistic, 80cial ond e¢ymenieal. PAROCHIAL CHURCH COUNCIL OF ST MARYS HAREFIELD Annual Roport for the year ondod 31 December 2023 Contlnu•d Commrtte6s And Advhar8 The PCC operate5 through 8 number of committees. which meet in addttton lo ￿ meetings of the PCC. The PCC'S Standing Commltte8, whlth Is requlred by law, h88 the pwr to trangact thè businoss of the PCC bethen 118 m&etings, subl¥¢t lo any directions gtven by the Council. It ¢omprfse8 the Incumb•nl, Churchwarden$ 8nd seC￿tary and Treasurer as appropriate. The Flnance Committee overs8e8 the general finanoal dimension ofthe work of St Marls by monitorlng and rw"ewing Income and expenditure, and makbng recommendab'ons lo the PCC. The So¢lÉl and Fund Rai￿￿9 commrtt•e plans end CO￿rdInat￿ Swal and fund ra18ing events through the year. The Mis8i0n Action Plannlng Group encouraoas mi$$ion and oulre8ch. The Pastoral Committèe exeruses responsibility for pastoral care In the Parish. Th• Christsan NLTrturè Group ¢(￿rdinateS t88ching and nurture In the pad8h. Achlevam•nt• and P•rfomi•nc• R•vl•w of th• The full PCC met monlhty l&xcluding Ihg APCM } during Ihg yeor. ex￿pt in August and Deeember. Committe8s would have met befv4een PCC meetings, lo bring polnt8 forward for th& attentton of th• PCC. Special financlal matters durlng th• yoar-. The PCC share (37.22%) of 9 Lewis Close nel r¢ntal incom• amoLtnted to £7,01612022 £77C61. Th& Dloc888n quoth p$id was £87,77512022 £BS,2001. Rwiew oftho Accaunts Overall, unreslricled general incom¥ for the y¢ar amounted lo £156,734 08 compar•d with £152,257 for 2022. Th8 increase wa8 largely as a ￿sU11 of a additlonal donations and giving. Ggn8r81, unrestricted exp•ndllur& for 2023 lolallod £753,629 as compared thlh £158.904 foi 2022. Thg de¢r•a8• w88 laigoly 0$ a re8uII of redu¢ed m8lntenAnu Costs The general surplu8 for 2023 was lhe￿lOre £5.105 P022 deflcrt £11,747) PAROCHIAL CHURCH COUNCIL OF ST MARY'S HAREFIELD Annual Report for th• year endad 31 Dec•mboi 2023 Contlnued Revl•w of th¢ Accounts (continugd) The income and expendlture on restricted fund$ Is shown in Note 5. The balonce on all reslticied and designated funds amounled lo £53,885 (2022 £73.298} after transfefflng th• bolances rem8lning on So¢lal and YouthlChildren8 Funds to Ihe GoneTal Fund. FU￿ra Plans In 2024 and Subsequent years, the PCC hopes to build on th8 In￿alIve6 undertaken in 21r23 In furth8r8nc8 of its stsled obJ'edve8. Signed on behalfof tho PCC Reverend Martin Davie¥ Chalrman and Incumbent PAROCHIAL CHURCH COUNCIL OF ST MARYS HAREFIELD STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 Decembor 2023 Oth•r Desl9nat•d & R•sMctsd Fund8 (Not8 51 Unr••trt¢tod G•ngral Fund INCOMING RESOURCES Voluntary Income Not• TOTAL FUND8 2023 2022 219) 75.884 Other vduntary Incorning ￿sourc8S 6.031 80,895 21bl 69,914 22.298 Incorn• from than*￿9 and ancillarytradlng 2 Ic) Incomè from invoskn8nts TOTAL INCOMING RE8OURCE8 RE8011RCES EXPENDED Grants and donab.ons 24,￿8 48,3ce 20.144 39,88D 39.860 37.237 21d} 20,712 20.712 19.797 158.734 29,039 187,773 147.092 31al Activrtleg tjlredy r•Jab"ng to the work of th• ¢hurch 3{b} 148.167 Miss￿n And oU￿•ch Church gov8Tnanc• (xists TOTAL RESOURCES EXPENDED NET INCOMING I IOUTGOINGIRESOURCES 2,057 180,224 150,280 aiel 81Y2 892.C 31dl 3,194 3,194 3.143 153 829 167,729 15S.183 5,105 2S,539 18,091) TRANSFERS 8ETWEEN FUNDS Transfer frorn Childr8ns Fund Fund Tran8f8r from Fundralsing Fund 14,197 30,95S 114,1971 130,9551 NET MoveMENTS IN FUNDS 8AL4NCES BROUGHT FORWARD AT 1 JANUARY 2023120221 BALANCES CARRIED FORWARD AT 310ECEMgER 2023 12022) 50.257 119,S131 {8,091) 147,077 73.298 220,375 228,488 197.334 2S1019 220,375 PAROCHIAL CHURCH COUNCIL OF ST MARYS HAREFIELD BALANCE SIIEET AS AT 310ECEM8ER 2023 20Z2 FIXED ASSM 94,084 g¢,B34 At Nel BLKkV8IuE CURRENY ASSETS Oebt•r8 8ndotocks Sh¢rtTom) l)ep)6N8. & de8lyi•d ShtsrtTÈrm Dewlts-unreslrfcted Cosh at&nk 8Dd In h8nd 13.100 53.665 73,298 51391 136.81 102.531 169,31 LIABILMÉS.. AMOUNTS FALUNG DUEWITHIN OIIEYEAR 156935 125.541 14ETCIIRRENT A¥8ET8 51,018 20.375 NET AS6Frn FUIID8 197,324 147.077 ¢)th•r DeJigfi8tsd &R•th FuTrJl.tArfoui 53,885 n,298 251.019 220 NEf FUNDS PCC *rt¢d w Its b•h•ff by Rv4 M•rtsn D8vkni . c￿rnian •nd Inumbqnl Jln Doih)n. TrMwKW PAROCHIAL CHURCH COUNCIL OF ST MARYS HAREFIELD Notes to the Accounts for the Year Ended 31 December 2023 ACCOUNTING POUCIES Accountlng conventlon The financial statemenlg of th8 PCC have been prepared in accordan￿ with tho Church Accounts"ng Regulations 2006 together with applicable accounting Btandard8 and the SORP 2¢Jo5. Tho financlal 8ts1emenls have been prepared under the historical cost ¢onv6nlton except for the valuation of inv$stment assets, which are shown 81 market value The financial statements include all transactions, assets and Iiabililies for which the PCC is responsible in18w. They do not include the accounts of Church groups that owe their main affiliation to another body, nor those that are informal gatherings of ¢hurch members. Fund8 General fund$ repre8ent tho funds of the PCC that are not subjgct lo any speeial restn'clions regarding their use #nd are available for #pplicatson lo tha general purpose5 of the PCC. Funds designated for a partiGular purpose by the PCC are al80 unrestricted. The 8ccounts include ell Iran$aclions, a$s8ts and Iiabililieg for which the PCC 1$ responsible in law. They do not include the aecounls of ¢hur¢h groups that owe their maln affili81ion lo another body or those that are inlormal gatheiings of Church member8. Incomlng ResouKe8 Voluntary Incom• and caplt81 sourc•• Collections 8re recognise