OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← The Parochial Church Council Of The Ecclesiastical Parish Of Trowbridge St James

2023-12-31-accounts

TROWBRIDGE ST JAMES’ PAROCHIAL CHURCH COUNCIL Annual Report for the year ended 31 December 2023

(This document is the companion to the Finance Report, which together form a single report)

Objective. The primary object of the PCC is the promotion of the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. In accordance with the PCC (Powers) Measure 1956, the PCC is to co-operate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. This parish forms part of the Benefice of Trowbridge St James’ and St Leonard’s Keevil.

Membership of the PCC (24 in total, noting the adjustment below for Chris Hicks and John Joy, who each appear in two categories)

Elected members ( max 15. Three-year terms; after six years one year off before re-election )

Co-opted members (max 3 )

PCC Honorary Secretary: Helen Pickett

Business of the PCC . The Council met for scheduled meetings seven times during the year (17 January, 14 March, 25 April (APCM) , 9 May, 4 July, 16 September (Away Day) , 21 November). Much of the PCC’s detailed work was delegated to committees, whose recommendations are decided upon by the PCC, as follows:

Safeguarding and Compliance . Our Parish Safeguarding Officer is Pam Wort, to whom we express our gratitude for her advice, training and updating the records. During the year, the PCC maintained safeguarding arrangements in line with developing Diocesan guidelines including use of the Safeguarding Dashboard. We hold an Ofcom wireless telegraphy licence for our radio microphones, and licences from Christian Copyright Licensing International Ltd for performance of music and reproduction of music and words. We’re grateful to John Horsey, who administers these for us.

Public Worship . Our style of worship and Bible-based preaching consistently draws around 100 adults to worship at the Sunday morning services. Thanks to our dedicated AV team, we continue to live-stream the services which are watched on-line by 12 or so people and recordings are also distributed. We were sad to say goodbye to Tom Bullock, our previous Children and Families Worker, and wish him well in future endeavours. With his departure, and falling attendance, the Breakfast and Teatime “Fresh Expression” services have been discontinued. This has given the opportunity for new initiatives with the introduction on alternate Sunday afternoons at 4.30 pm of Adult Sunday School and informal Family Fellowship. The Seekers Team provide activities for younger children during the Sunday morning services and meet in the Lansdown Room. Offering the “common cup” at Communion Services has been re-introduced in line with guidance from the bishops, and whilst intinction has been discontinued, for those who are medically vulnerable communion is offered in one kind only.

. Serving our Community

The Open the Book team have a regular programme of school visits and they lead the occasional school assembly. The Rector has regularly conducted collective worship at Bellefield, Newtown, and Keevil schools. Nearly 1000 pupils from local schools came to their Carol Services in the Church. The “Easter Experience” run during Lent was supported by 7 schools each bringing around 40 year 5 and 6 pupils to hear the events of Holy Week explained by our wonderful teachers and the tableaux they created. We await the arrival of our newly appointed Children and Families Ministry Leader, Nick Lambert, along with his family, but in the meantime our outreach to families continues with willing volunteers. Mini Stay and Play holds a weekly session in the Hall and Mini Church similarly continues to run in the Church.

One of our two Commissioned Lay Pioneers Sue Burton moved away durum the year, but Pam Wort continues to support various activities in the parish along with monitoring flora and fauna in the churchyard and the church’s carbon footprint.

We continued to donate provisions to the Storehouse Food Bank and have two teams supporting the joint churches’ Soup Run twice a month. One of our members works in the Debt Advisory Service; another is a Street Pastor and one of our LPAs is part of the Town Centre Chaplaincy. We make some visits to the local residential homes and offer home communions. The Christmas Tree Festival was again hugely successful with even more organisations from the town taking part. We take a leading role in the St James’ Trust which supports local charities with grants. Two of our PCC members are School Governors.

We are grateful to the volunteers who open the church three mornings a week to provide a warm and welcoming space and offer tea and coffee and where needed listening ear.

St James’ Civic Role . We welcomed the Mayor to his Civic Service in July. The Battle of Britain anniversary was commemorated in September at a morning service with the attendance of retired RAF personnel. The church was filled to capacity with uniformed groups and civic representatives for the Remembrance Day Service conducted by the Rector who participated in the town’s act of remembrance at the War Memorial in the Town Park subsequent to the service. The church played a part in the Christmas Lantern Parade organised by the Town Council by offering a quiet space to visitors.

Ministry.

As the Rector also has to lead services at St. Leonard’s, we are grateful that we have those who can support the ministry with their gifts: Rev Andy Yorke; Rev Richard East; and Helen Pickett who is a worship leader and in training as a Licensed Lay Minister. John Horsey, our organist, leads our Sunday worship with both traditional and modern hymns, supported by a pianist. The band of six or seven plays at the first Sunday morning service of the month.

Barbara King coordinates our pastoral ministry with a team of LPAs and we express our gratitude to them all. We keep in touch with those unable to get to church each week by the distribution of CDs and DVDs of our services, or a printed copy of the sermon, for those without internet, and to offer practical help if necessary.

The Holiday Club which has now been running for 11 years for took place in the church at the end of July and was a great success with 50 children attending. Called “Waste Watchers”, the theme of recycling helped us to look at the transforming power of God.

Under the leadership of Wendy Darwin The Mothers’ Union continues to thrive and boasts the largest group in the Diocese.

St James’ Players performed their Holy Week play, The People’s Prophet, originally written by Peter English and adapted for the new cast by Angela Giddings who directed the production. The Bell Ringers have a committed team who ring every week and enthusiastically ring peals to celebrate special occasions.

The contribution of our Office Manager, Clair Matthews, is essential to the parish organisation. Her management of the content of the website and production of the monthly newsletter promote a very attractive and welcoming picture of St James’ fellowship. Helen Pickett faithfully uploads the C of E Prayer for the Day to our Facebook worship space every day.

Management of our finances is essential to support the ministry and we are grateful to our Treasurer Wendy Hervin for her skills and dedication to her responsibilities, along with the support of the finance team.

Prayer . Prayer is the essential foundation of the life and witness of the Church. Our emergency prayer chain continues to serve us all whenever needed. Prayer ministry is offered during communion services and our benefice monthly prayer diary lists everyone on our Electoral Roll, helping us pray for every member at least once a month.

Teaching and Preaching . Small groups are an important part of the church’s life, offering opportunities to grow in friendship, faith and understanding by studying God’s Word together. We’re very grateful to the leaders of our home groups and other small groups in St James’. There are three bible study groups meeting at home or in church every fortnight. They are growing in number and deepening in fellowship. Nicola Eggertsen has taken on the leadership of YF (formerly Youth Fellowship) and is supported by a small team to lead the activities every fortnight. These usually includes games, Bible study, and discussion. To help build team spirit an evening was spent paddle boarding for the brave and another ice skating.

Occasional Ofices.
Numbers of services in 2023 were as follows:
Baptisms:
5
Confrmations:		 0
Marriages:
3
Funerals in church:		 8
Funerals (crem, cemetery chapel etc): 5
Memorial services in church:		 0
Interments:
0
Burials of ashes in the churchyard:		 1

THE PARISH OF ST JAMES TROWBRIDGE

Registered Charity Number 1131370

FINANCIAL REPORT

TO THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDING 31[ST] DECEMBER 2023

Incumbent – Reverend Jake Eggertsen

Wendy Hervin CPFA Honorary Treasurer

Independent Examiner’s Report to the Trustees of St James’ Parochial Church Council

I report on the accounts of the church for the year ended 31[st] December 2023 which are set out on pages 1 to 3.

Respective responsibilities of trustees and examiner.

As members of the PCC you are trustees and as such are responsible for the preparation of the accounts. The church’s trustees consider that an audit is not required for this year under Section 144(2) of the Charities Act 2011(the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

  1. Examine the accounts under section 145 the 2011 Act;

  2. Follow the procedures laid down in the General Directions given by the Charity Commissioners section 145(5)(b) of the 2011 Act; and

  3. State whether particular matters have come to my attention.

Basis of Independent Examiner’s Statement

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination enables 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 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

Since the gross income for the year exceeds the amount provided in section 145(3) of the Act, I confirm that I am qualified to act as Independent Examiner under the provisions of that section of the Act and that my qualification is as shown below.

In connection with my examination, no matters have come to my attention:

  1. Which give me reasonable cause to believe that in any material respect the requirements

  2. i. To keep accounting records in accordance with section130 of the 2011 Act; and

  3. ii. To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or

  4. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signature: Jahanzab Arshad

19 April 2024

Johanzab Arshad FCCA Easy Accounts & Tax Northgate House, Upper Borough Walls, Bath BA1 1RG

1

PAROCHLIL CHURCM COUMCIL OF 8TJAME8. TROVIBRIDGE STATEMENT OF FIMANCL4L ACTMfiE8 l•Itth•y￿•￿￿Ing 31st D•¢•mb•r2023 D•S￿hat& P•miaft• R•strtd•d Ertdowrn•nt EThdowrn•nt Fundi Fund• Fund Toi Funds 2023 Toi Fundi 2022 Unrnttlkt Fund Fund INCOAIING RESOVRCES Vo￿￿1￿ry ￿0m& 116,32 15,627 27,309 125.012 18.026 49.358 6.529 146,WB 14,éf 2.399 lrtomè i)V•StmentÉ Church &tiii85 22,049 7,483 315 331 TOTfvL INCOMING RESOURCES 166,125 22,049 11.082 199.256 220,377 RESOURCES EXPENDED Chwch xtwti85 C(6lolyrwaty veitht¥y Gr￿n¥￿8 Cc¢ts -191,735 -3,429 4.683 -201.847 -3.175 .7 -119,552 -1,421 -720 .720 TOTAL RESOURCES EXPEMDED .192693 -3429 .205.742 -191693 NET INCOMING IOUTGOINGI RESOIIRCES BEFORETRAMSFERS 18,620 28,684 GROSSTRANSFERS BETWEEN FUNDS 24,265 .13,881 .10,384 NEf INCOMING RESOVRCES BEFORE OTHER REeoGNISED G￿NsAF40 LOSSES 4,739 4.921 28, OTHER RECOGNISED GMNS Gaiths I￿1￿45￿n0nt3Ssats 25,573 32.421 43,098 NEf IlOVellENT IM FUNDS 4,739 4,921 25,5T3 25.935 71,782 Brt•s ￿fy¥d 1 2023 10,7C 181,034 43.725 471,843 72.7WJ 780.097 7(*,315 Balanc•s cllwd 31 D•c•rnb•r2023 8402 185.773 497.415 79.638 &￿.032 7BO.097 VALUE OF FIXED ASSETS JfyJNs 2.156,518 2.156.518 1.988,097 Balanc•s CM Incl FLY•d A•Hts 2.164920 185773 497415 79638 2.982.5 2.768 194

PAROCHIAL CHURCH COUNCIL OF ST JAMES, TROWBRIDGE PAROCHIAL CHURCH COUNCIL OF ST JAMES, TROWBRIDGE PAROCHIAL CHURCH COUNCIL OF ST JAMES, TROWBRIDGE PAROCHIAL CHURCH COUNCIL OF ST JAMES, TROWBRIDGE PAROCHIAL CHURCH COUNCIL OF ST JAMES, TROWBRIDGE PAROCHIAL CHURCH COUNCIL OF ST JAMES, TROWBRIDGE PAROCHIAL CHURCH COUNCIL OF ST JAMES, TROWBRIDGE PAROCHIAL CHURCH COUNCIL OF ST JAMES, TROWBRIDGE
BALANCE SHEET
as at 31st December 2023
Note 2023 2022
£ £
FIXED ASSETS
Buildings 4 2,156,518 1,988,097
2,156,518 1,988,097
CURRENT ASSETS
Investments 16 & 17 577,054 544,633
Debtors & Prepayments 23,829 15,055
Cash at Bank and in Hand 236,308 244,358
837,191 804,046
LIABILITIES
Creditors - amounts fallingdue within oneyear -31,159 -23,949
-31,159 -23,949
NET CURRENT ASSETS 806,032 780,097
NET ASSETS 2,962,550 2,768,194
PARISH FUNDS
Unrestricted General 4,5,&12 2,164,920 1,998,803
Designated 13 185,773 181,034
Restricted 14 & 15 34,804 43,725
Designated Endowment 16 497,415 471,843
Permanent Endowment 17 79,638 72,790
2,962,550 2,768,194

Approved by the Parochial Church Council and signed on its behalf by The Revd Jake Eggertsen (PCC Chairman).

23 April 2024

The notes on pages 4 to 17 form part of these accounts.

3

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31[st] December 2023

1. ACCOUNTING POLICIES

Basis of Financial Statements

The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with Church Accounting Regulations 2006 governing in accordance with applicable accounting standards and the current Statement of Recommended Practice Accounting and Reporting by Charities (SORP (FRS102)).

The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body.

Fund Accounting

Unrestricted Funds – This is the General Fund which represents the funds of the PCC that are not subject to any restrictions regarding their use and are available for application to the general purposes of the PCC.

Designated Funds – are general funds set aside by the PCC for use in the future. Project funds are designated for particular projects for administration purposes only. Designated funds remain unrestricted and the PCC will move any surplus to other general funds.

Restricted Funds – are those funds that must be spent on the restricted purposes intended by the donor.

Endowment Funds – are funds, the capital of which must be retained either permanently or at the PCC’s Discretion; the income from the endowment is to be used either as restricted or unrestricted income funds depending on the purpose for which the endowment was established in the first place.

Incoming Resources

Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is entitled to the use of the resources, their ultimate receipt is considered reasonably certain and the amounts due are reliably quantifiable. Dividends are accounted for when declared receivable, interest as and when accrued by the payer. All incoming resources are accounted for gross.

Resources Expended

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share expected to be paid over is accounted for when due. All other expenditure is generally recognised when it is incurred and is accounted for gross.

4

Fixed Assets

Buildings – belonging to or used by the PCC are included as Fixed Assets. These are included at insurance values. The Hall, Vestry House, and Cottages are owned by the PCC, although the Diocese must be consulted as to their use. The PCC receives rent and incurs expenditure on some of these properties. This income is included in the Statement of Financial Activity. Consecrated and benefice property is not included in the accounts in accordance with s.10(2)(a) and (c) of the Charities Act 2011.

Moveable Church Furniture & Fittings - These are included if:

a. They were acquired by the Church within the last 10 years

b. They have an individual value of at least £1,000.

No value is placed on moveable 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 moveable church furnishings, whether maintenance or improvement is written off as expenditure in the Statement of Financial Activity and separately disclosed.

Equipment used within the church premises is depreciated on a straight-line basis over five years. Individual items of equipment with a purchase price of £500 or less are written off when the asset is acquired.

Investments are valued at market value at 31[st] December.

5

PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE
Note 2
INCOMING RESOURCES
for the year ending 31st December 2023
Designated Permanent **Total ** **Total **
Unrestricted Designated Restricted Endowment Endowment Funds Funds
Funds Funds Funds Funds Funds 2023 2022
Note £ £ £ £ £ £ £
Voluntary Income
Planned Giving: 79,568 79,568 79,364
Tax Recoverable 10 17,353 290 17,642 19,880
LoosePlate Collections 4,215 4,215 2,656
SpecialCollections 6,393 6,393 5,776
Donations 6,221 6,221 1,532
OffertoryBoxes 45 45 49
Legacies 2,000 2,000 30,706
Grants 8,927 8,927 6,046
116,329 0 8,683 0 0 125,012 146,008
Activities for Generating Funds
Hall Lettings 15,627 15,627 14,353
FundRaising ( groups) 14&15 2,399 2,399 307
15,627 0 2,399 0 0 18,026 14,660
Investment Income
Dividends andInterest 16,449 16,449 21,419
Bank Interest 2,808 2,808 401
Rentfrom Land &Buildings owned byPCC 24,501 5,600 30,101 30,090
27,309 22,049 0 0 0 49,358 51,910
Church Activities
Feesfor Weddings andFunerals 2,064 2,064 2,860
BookSales 746 746 724
Coffee Sales 1,488 1,488 575
Children&FamiliesActivities 2,230 2,230 3,325
Other 0 0
6,529 0 0 0 0 6,529 7,483
Other Incoming Resources
Insurance Claims 331 331 315
331 0 0 0 0 331 315
TOTAL INCOMING RESOURCES 166,125 22,049 11,082 0 0 199,256 220,377

6

PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE PAROCHIALCHURCH COUNCILOF ST JAMES, TROWBRIDGE
RESOURCES EXPENDED
for the year ending 31st December 2023
Note 3 Designated Permanent **Total ** Total
Unrestricted Designated **Restricted ** Endowment Endowment Funds Funds
Funds Funds Funds Funds Funds 2023 2022
Note £ £ £ £ £ £ £
Church Activities
ParishShare -53,991 -53,991 -52,419
Church RunningExpenses 6 -89,630 -3,429 -93,060 -87,749
Hall RunningExpenses 7 -37,763 -37,763 -32,750
Church Major Repairs 0 0
Cottages &Lansdown Room Expenses 8 -6,451 -6,451 -6,622
MissionGiving andDonations 9 -3,900 -6,683 -10,583 -10,012
-191,735 -3,429 -6,683 0 0 -201,847 -189,552
CostofGeneratingFunds
FundRaising (Groups) 14&15 -2,936 -2,936 -1,392
Costs ofStewardship -238 -238 -29
-238 0 -2,936 0 0 -3,175 -1,421
Governance Costs
Independent ExaminationCosts -720 -720 -720
-720 0 0 0 0 -720 -720
TOTAL RESOURCES EXPENDED -192,693 -3,429 -9,620 0 0 -205,742 -191,693

7

Note 4 2023 Increase Decrease 2022
Valuation of Buildings (General Fund) £ £ £ £
Church Hall 1,159,012 78,855 1,080,157
VestryHouse 485,714 33,046 452,668
18 & 19 Church Street 511,792 56,520 455,272
Total 2,156,518 168,421 0 1,988,097
2023 Valuations included as indicated in insurance documents.
Note 5 Ministry Share
The reduced level of MinistryShare is due to thephasingin of the PCC fundingresponsibilityfor the Children & Families Worker.
Note 6a 2023 2022
Church Running Expenses £ £
Salaries -28,652 -36,450
Rectors Expenses -697 -1,219
Organists & Choirmaster fees -1,269 -1,103
-30,617 -38,771
Reverend Eggertsen received expense reimbursements duringtheyear.
PCC member Mr J Horseyreceived expenses duringtheyear in his capcityas organist and Choirmaster.
The PCC became responsible for the employment of the Children & Families Worker on 1st January 2022 and also
employs an Office Manager.
Gross Salaries 21,793
Social SecurityCosts 2,413
Pension Costs 3,958
28,164
Associatedpayroll costs 488
28,652
Average number of employees during year = 1

Church Workers Pension Fund (CWPF) FRS102 Statement - December 2023 Year End

The PCC of St James Trowbridge participates in the Pension Builder Scheme section of CWPF for lay staff. CWPF is administered by the Church of England Pensions Board, which holds the CWPF assets separately from those of the Employer and other participating employers.

The Pension Builder Scheme has two subsections;

a. a deferred annuity section known as Pension Builder Classic, and,

b. a cash balance section known as Pension Builder 2014.

Pension Builder Scheme

Both sections of the Pension Builder Scheme are classed as defined benefit schemes.

The PCC subscribes to the Pension Builder 2014 which 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.

8

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 (2023: £3958.28).

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 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, the PCC could become responsible for paying a share of the failed employer’s pension liabilities.

Note 6b 2023 2022
Support for Parish Activities £ £
Children & Familyactivities and resources -990 -2,414
Music including piano tuning -177 -223
Welcome Lunches -62 0
Social -62 -19
St James Friends 0 0
Prayer Chain 0 0
-1,290 -2,656
Note 6c 2023 2022
Parish Office and Administration Costs £ £
Post -12 -56
Reprographics - Lease -1,224 -1,056
Reprographics- copycosts -1,933 -1,198
Stationery& Materials -920 -710
Telephone(Office) -425 -753
Equipment -175 -75
Copyright -1,210 -1,143
Admin ofproperties -350 -60
-6,248 -5,052
Note 6d 2023 2022
Church Costs £ £
Heating& Lighting -11,486 -9,921
Cleaning -2,764 -2,209
Water Rates -126 -85
Insurance -10,459 -9,849
Telephone(Church) -484 -399
Licence for Sound System -75 -75
Roof alarm -1,120 -1,333
Repairs -12,326 -8,288
Equipment -6,673 -1,492
Waste -48 -233
Washroom -445 -372
Maintenance -1,672 -2,297
-47,678 -36,552

9

Note 6 e) 2023 2022
Other Church Running Costs £ £
GardeningSupport -100 -170
Books,candles and wine -1,36~~8~~ -1,664
Coffee -597 -314
Sundries -1,732 -410
-3,797 -2,558
Total Church RunningExpenses -89,630 -85,588
Note 7 2023 2022
Hall & Car Park running expenses £ £
Water Rates -323 227
Insurance -2,124 -1,999
Heat & Light -3,161 -3,059
Cleaning -4,044 -3,319
Maintenance -1,936 -1,312
Washroom -475 -372
Waste -567 -348
Repairs/Improvements -25,133 -22,568
-37,763 -32,750
Note 8 2023 2022
Cottage & Lansdown Room Expenses £ £
Insurance -1,712 -1,598
Heat & Light -347 -195
Maintenance -631 -90
Repairs/Improvements -3,761 -4,740
-6,451 -6,622

10

Note 9 General Fund Restricted Restricted Total Total
Donations - General Fund and Restricted Funds PCC Donation Funds Funds 2023 2022
Donations Gift Aid
Element
£ £ £ £ £
Breakthrough Trowbridge 200 988 73 1,261 1,294
Bible Society 296 296
Christian Aid 400 395 40 835 721
The Church in the Sudan 5 5 15
Earthquake 1,015 1,015
Freewheelers 281 281
Open Doors 900 690 61 1,651 1,442
Mothers Union LiteracyProject 717 717 -
Peace PrimarySchool - 561
Scripture Union 400 401 12 813 843
Stand byme 200 1,455 73 1,727 1,936
Storehouse 281 281
Tear Fund 900 432 31 1,363 1,425
Ukraine Appeal - 1,021
Total for Year 3,000 6,956 290 10,245 9,257

£900 of PPC budget for donations was unallocated in 2023 and will be distributed during 2024.

11

Note 11 Balance
01/01/23
Income		 Expenditure Transfers Balance
31/12/23
Fund Balances Note £ £ £ £
Unrestricted Funds 12 10,706 166,125 -192,693 24,265 8,402
Designated Funds 13 181,035 22,049 -3,429 -13,881 185,774
Restricted Funds 14 & 15 43,723 11,082 -9,620 -10,384 34,802
Designated Endowment Funds 16 471,843 25,573 0 0 497,416
Permanent Endowment Funds 17 72,790 6,848 0 79,638
Total Fund Balances 780,097 231,677 -205,742 0 806,032
Note 12 2023 2022
Unrestricted funds £ £
Income
Collections 8,588 4,943
Planned Giving 75,195 77,077
Gift Aid tax refund 17,353 19,569
Funeral & WeddingFees(PCC element) 2,064 2,860
Children & Familyactivities and events 2,230 3,325
Alms & Sales Income 2,280 1,347
Bank Interest 2,808 401
Sundry& Donations 1,657 1,532
Grant towards Church Costs 13,491 6,046
PropertyRent & Lettings 40,459 62,129
Total Income 166,125 179,229
Expenditure
Staff -30,717 -38,941
MinistryContribution -53,991 -52,419
CharityDonations(PCC) -3,900 -3,925
Alms & Sales Expenditure -1,965 -1,978
Support for Parish activities -1,290 -2,656
Administration -5,898 -4,992
Audit -720 -720
Administration ofproperties -350 -60
Church Costs -47,678 -36,552
Other PropertyCosts -44,213 -39,373
Other -1,970 -439
Total Expenditure -192,693 -182,054
Categories for PCC monitoring reports are as above as this reflects day to day financial management. The
categories required for the Charity Commission End of Year Statements are different but Total Income and
Expenditure are the same.

12

Note 13 Balance
01/01/23
Income		 Expenditure Transfer Balance
31/12/23
Designated Funds Note £ £ £ £
BuildingRepair & Improvement Fund 13a 73,525 5,600 0 -4,042 75,083
Church Development Fund 13b 32,918 0 0 30,000 62,918
SaxtyRevenue Fund 13c 7,562 2,177 -713 9,025
Mason Revenue Fund 13c 8,402 2,162 -1,522 9,042
Graham Jack Revenue Fund 13c 7,522 1,516 -1,194 7,844
CrossleyRevenue Fund 13d 3,393 2,960 0 -6,353 0
Luckman Revenue Fund 13e 861 632 0 1,493
Wickham Revenue Fund 13f 36,108 3,253 0 -21,383 17,978
Gunning 13g 10,744 3,750 0 -12,103 2,391
Total Designated Funds 181,035 22,049 -3,429 -13,881 185,773
Note 13a BuildingRepair & Improvement Fund 2023 2022
£ £
Opening Balance 73,525 68,889
Rental income 5,600 13,800
Expenditure
Contribution to RectoryRefurbishment -4,444
Contribution to VestryHouse Projects -3,031 -3,912
Contrbution to Cottage Projects -1,012 -808
Closing Balance 75,083 73,525
Note 13b Church Development Fund
£ £
Opening Balance 32,918 32,918
Contribution from General Fund 30,000
Expenditure
0
Closing Balance 62,918 32,918
Church Development Fund providing safety net for transition phase of Children & Family Worker funding responsibility moving from
the Diocese to the PCC.
Note 13c Saxty Revenue Fund(Training) 2023 2022
£ £
Opening Balance 7,563 6,359
Income
Investments 2,177 2,165
Expenditure
Recruitment 350
-		 961
-
LayMinistryTraining 363
-
Closing Balance 9,026 7,563
Note 13d Mason Revenue Fund(Outreach) 2023 2022
£ £
Opening Balance 8,402 7,132
Income
Investments 2,162 2,058
Expenditure
C&FW expenses 92
-		 4
-
Resources for C&F work 18 253
-
Other Volunteer expenses 59
-		 -
Breakfast and Teatime Catering 108
-		 149
-
HolidayClub - 239
-
CATA 100
-		 100
-
Youth 62
-		 43
-
Further Training/Outreach 1,120
-		 -
Closing Balance 9,042 8,402
PCC member Tom Bullock received expenses in his capacityas Children & Families Worker.
Other PCC members received travel expenses in connection with outreach and training.

13

Note 13e Graham Jack Revenue Fund(Mission) 2023 2022
£ £
Opening Balance 7,522 6,181
Income
Investments 1,516 1,688
Expenditure
C&FW expenses 92
-		 4
-
Resources for C&F work 18 253
-
Further Training/Outreach 1,120
-		 90
-
Closing Balance 7,844 7,522
PCC member Tom Bullock received expenses in his capacityas Children & Families Worker.
Note 13f Crossley Revenue Fund(Admin Support) 2023 2022
£ £
Opening Balance 3,393 2,197
Income
Investments 2,960 1,196
Expenditure
Transfer to General Fund - Admin support 6,353
-
Closing Balance 0
-		 3,393
Note 13g Luckman Revenue Fund(Training) 2023 2022
£ £
Opening Balance 861 230
-
Income
Investments 632 1,156
Expenditure
Training - 65
-
Closing Balance 1,493 861
Note 13h Wickham Revenue Fund(Property Hall) 2023 2022
£ £
Opening Balance 36,108 55,230
Income
Investments 3,253 2,412
Expenditure
Hall & Kitchen flooring - 21,534
-
Hall Improvements 21,383
-
Closing Balance 17,978 36,108
Note 13i Gunning Revenue Fund(Property Church) 2023 2022
£ £
Opening Balance 10,744 -
Income
Transfer in of Trust Revenue Fund - 9,001
Investments 3,750 1,743
Expenditure
Transfer to Church RunningCosts 12,103
-		 -
Closing Balance 2,391 10,744

14

Balance
01/01/23
Income		 Expenditure Transfer Balance
31/12/23
Note 14 Restricted Funds - PCC Managed Note £ £ £ £
Restricted Collections 9 0 6,683 -6,683 0
St James Toddlers 14d 2,170 0 0 2,170
Choir Fund 663 0 0 663
Other Legacies and Bequests 14a 32,631 2,000 0 -10,384 24,248
Parish Conference Support 14b 3,475 0 0 3,475
Breakfast Church 43 75 -62 56
Warden'sprojects 0 339 -312 27
SoupRun 16 0 0 16
FridayLunches 14c 1,507 0 -862 645
Light Party 77 0 -51 26
Open the Book 31 0 0 31
HolidayClub 117 491 -247 360
Keevil 0 440 -440 0
Outreach 277 0 -22 255
Grounds Fund 406 100 0 506
Book Fund 123 0 0 123
Total Restricted Funds - PCC Managed 41,537 10,128 -8,680 -10,384 32,601
Note 14a Balance
01/01/23
Income		 Transfers Balance
31/12/23
Other Legacies and Bequests £ £ £ £
Ron Craft 144 144
Jean Wright 100 100
Eddie Maidment 60 60
Roger Hooper 121 0 121
AnthonyJones 1,500 1,500
Lilian Bainton 5,706 0 -3,721 1,985
Jean Potter 25,000 0 -6,663 18,337
Sheila King 0 2,000 2,000
Total other Legacies and Bequests 32,631 2,000 -10,384 24,247
Note 15 Restricted Funds - Group Managed
Balance
01/01/23
Income		 Expenditure Balance
31/12/23
Note £ £ £ £
St James Bellringers(GroupBank account) 15a 1,113 180 -38 1,255
St James Players(PCC Bank account) 15b 345 562 -562 345
St James Flower Fund(PCC Bank Account) 15d 685 212 -340 558
Ladies CateringGroup (PCC Bank Account) 15e 47 0 0 47
Total Restricted Funds - Group Managed 2,190 954 -940 2,205
Note 15a St James Bellringers 2023 2022
£ £
Opening Balance 1,113 933
Income
Donations 180 580
Expenditure
Payment to ringers a/c -38 -400
Closing Balance 1,255 1,113
Note 15b St James Players 2023 2022
£ £
Opening Balance 345 345
Income
Collections 562 263
Expenditure
Donation to Freewheelers -281 -131
Donation to Storehouse -281 -131
~~15~~
Closing Balance 345 345
Note 15c St James Flower Fund 2023 2022
£ £
Opening Balance 685 902
Income
Donations 212
Expenditure
Flowers -340 -217
Closing Balance 558 685
Note 16 Designated Endowment Funds
Balance
01/01/23
Increase		 Decrease Transfers Balance
31/12/23
£ £ £ £ £
Graham Jack Memorial Fund : Capital 55,732 4,620 60,352
Mason Memorial Fund: Capital 67,082 2,364 69,446
CrossleyMemorial Fund: Capital 80,297 662 80,959
Luckman Memorial Fund: Capital 17,083 145 17,228
Wickham Memorial Fund: Capital 155,240 12,481 167,721
GunningFund Capital 96,409 5,301 101,710
Total Designated Endowment Funds 471,843 25,573 0 0 497,416
Note 17 Permanent Endowment Funds
Balance
01/01/23
Increase		 Decrease Balance
31/12/23
£ £ £ £
SaxtyFund Capital 72,790 6,848 79,638
Total Permanent Endowment Funds 72,790 6,848 0 79,638
The PCC also benefits from funding from the Garlick and Evans Trusts for Church repairs and improvements which is drawn
down as required. These 2 Trust funds have separate audited accounts and therefore are not reported in the PCC accounts
except for anyamount drawn down duringtheyear.

16

Independent Examiner’s Report to the Trustees of St James’ Parochial Church Council

I report on the accounts of the church for the year ended 31[st] December 2023 which are set out on pages 1 to 3.

Respective responsibilities of trustees and examiner.

As members of the PCC you are trustees and as such are responsible for the preparation of the accounts. The church’s trustees consider that an audit is not required for this year under Section 144(2) of the Charities Act 2011(the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

  1. Examine the accounts under section 145 the 2011 Act;

  2. Follow the procedures laid down in the General Directions given by the Charity Commissioners section 145(5)(b) of the 2011 Act; and

  3. State whether particular matters have come to my attention.

Basis of Independent Examiner’s Statement

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination enables 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 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

Since the gross income for the year exceeds the amount provided in section 145(3) of the Act, I confirm that I am qualified to act as Independent Examiner under the provisions of that section of the Act and that my qualification is as shown below.

In connection with my examination, no matters have come to my attention:

  1. Which give me reasonable cause to believe that in any material respect the requirements

  2. i. To keep accounting records in accordance with section130 of the 2011 Act; and

  3. ii. To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or

  4. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signature: Jahanzab Arshad

19 April 2024

Johanzab Arshad FCCA Easy Accounts & Tax Northgate House, Upper Borough Walls, Bath BA1 1RG