The Parochial Church Councll of the Ecclesiastical Parish of Brinsworth St Andrew with Catcliffe St Mary, Treeton St Helen and Tinsley St Lawrence (known as The Rlvers Team) Charity No. 1131641 TH Annual Report & Accounts Year Ended 31 December 2022 The Rlvers Team Contents Page No. PCC report lincluding administrative information) Independent Examiners Report io Statement of Financial Activities li Balance sheet 12- 16 Notes to the atcounts The Rivers Team PCC report For the year ended 31 December 2022 Alms & Purposes The River5 Team PCC (known as the Team Councill has the responsibilty of co-operating with the incumbent, in promoting in the ecclesiastical parish, the whole mission of the Church. pastoral, evangelistic, soclal and ecumenical. The PCC is also specifically responsible for the maintenance of the Church Centre at 85 Bonet Lane, Brinsworth and St. Lawrence's Church Hall, St. Lawrence Road, Tinslev. Ob}ectlves In promoting in the parish the whole mission of the church, our vision and values a￿ to be a Church that is alive and actively engaging in our communities, where people are coming to faith, growing in discipleship, worshipping Jesus, supporhng each other and serving God through the gifts and power of the Holy Spirit. In our Fellowship we will show God's love by supporknn8 and encouraging one another, living together in unity as the family of God, and welcoming all who come. In our Distipleship we will be committed in allowingthe Holy Spirit to teach us howto follow Jesus in our daily lives. In our Ministry we will seek to serve others as Jesus did, with humility and compassion through the gifts and power of the Holy Spirit. In our Mission we will prayerfully seek for, and take, opportunitres to share the good news of Jesus through word and deed. And in all that we do we will seek to be loving, passionate, excited. honest. adventurous, and inventive as we seNe Chrlst together. When planning our activities forthe yearthe PCC has considered the Charity Commission guidance on public benefit and, in particular, the specific guidance on Charl￿e$ for the advancement of religion. Artlvlties Presently the Team gathers for corporate worship at Tlnsley, St Lawrence's Church each Sunday at 10.30am for Worship4AII' and the Servi￿ is live-streamed on our Facebook page. Over the last 12 months we have seen significant growth, particularly among young families, and this is a diverse and lively congregation. Our corporate woiship is led by a team of musicians and worship leaders overseen by one of our Churchwèrdens. In addition, the￿ are mid-week services and missional activities In each of the 4 churches. The majority of these are staffed by lay volunteers and include.. 'Coffee Pot'_ TLtesday morning5 at St Mary's, Catcliffe is a coffee morning open to the communitv. This has been running for 9 years and has grown in numbers to around 40 people. This has been an important factor in strengthenbng links between the church and the community in Catcliffe. 'Drink and ThSnk café'_ Tuesday mornin8s at Tinsley, St Lawrence's, is a coffee morning open to the community. This is a new venture that started about 6 months ago, to provide a place for the community to gather, talk and refiect. It is beginning to have good ￿gUlar attendance. The Rlvers Team PCC report For the year ended 31 December 2022 'Wedne5days@St Andrew<- weekly at St. Andrew's Brinsworth from 12.30pm to 3.30pm with a lunch followed by a short time of worship. The servite 15 open to the community and church members, and is different each week, it is generally lay led. Up to 36 people attend regularly. This ministry particularly meets needs in the community around elderly isolation and bereavement 5UPPOrt. 'Coffee Morning, _ Thursday mornings at St Helen's, Treeton, which is open to the community. Once a month this is followed by a reflective service of Holy Communion. St. Helen's is a grade I listed historic church, and Thursdays offer an open door for people to explore and learn about the building. 'Youth Group. Sunday evenings at St Mary's, Catcliffe. This new initiative is making good pro8ress. It is currently largely made up of young people from families who attend church, but some of these bring along friends. ond the vision is for this to be developed as an outreach ministry. Currently there are around 12 young people on role. 'Worship Jamming, Once a month at St Lawrence's, Tinsley there is session where anyone who enjoys playing an instrument or singing can come along and join in. 'Flrst Steps,. Tuesday mornings at st Andrew's, Brinsworth, a pre-school group that meets during school term time. and is generally over-subscribed. Sessions include play, biblical stories, songs and provide the opportunity for parents and carers to connect and build new relationships. 'Charls' Monthly at St. Mary's. Catcliffe, an evening of informal worship, keynote teachin& sharing, prayer and ministry. As well as our regular services and activities, we enable our community to celebrate and thank God at the milestones of the journey through life. Through baptism we thank God for the gift of life, in marriage public vows are exchanged with God's blessing and through funeral services friends and family express their grief and give thanks for the life which is now complete in this world and to commend the person into God's keeping. In 2022 across the Rivers Team we celebrated 2 weddings, 18 baptisms, and supported families through 35 funeral services and 14 services for the interment of a5he5. Funera15 and bereavement ministry 15 led by one of our Lay Readers, who is supported by a small team who assist with bereavement follow up and pastoral care. The Team employs a Children and Families Worker through the Diocese of Sheffi'eld Centenary Project, and has a team of volunteers who deliver our ministry to children. This includes children's ministry in church every Sunday morning at St Lawrence's, and our Children and Families Worker also leads the Flrst Steps Group and on ministry in schools, vlsiting most of the primary schools across the 5 tommunities, especially, but not exclusively around the major festivals, supporknng our schools deliver elements of the National Curriculum for Religious Education in Key Stages l and 2. The Team has an administrative centre located next to St Andrew's church, which is staffed by volunteers who handle room hire, enquiries about lrfe events and occasional offices, churchyards and other administrative tasks. As well as hosting 'Wednesdays@St.Andrew's' and 'First Steps,, the Centre is used for training and by a variety of community Bfoup5 and is available for hire by individuals from within our communities for parknes and events. Over the course of the year discipleship courses have been run, and The Rivers Team has planned a Parish Weekend Away at The Hayes Christion Conference Centre in May 2023. The Rivers Team PCC report For the year ended 31 De￿rnber 2022 Pastoral Care Our Pastoral team is overseen by one of our Churchwardens and covers the pastoral care of our worshiping community, our hospitality and prayer teams, as well as identifying needs and developing pastoral ministry across the Rivers Team. This has included developing linkswith Rotherham Foodbank and the Mental Health charity Kintsugi Hope in order to respond to needs identilied within our communities. Deanery Synod Three members of the PCC sit on the deanery synod. This provides the PCC with an important link between the parish and the wider strurtures of the church. This year the PCC has also focused its attention on the questions posed to parishes in the deanery around the Living in Love and Faith conversation around identity, sexuality, relationships and marriage. Deanery Synod representatives are: Linda Read Sally Dunkley David Vickers Ecumenlcal Relatlonships The Rivers Team is Ileveloping working relationships with Hope Church Rotherham IAffiliated to Assemblies of God UK) and Living Waters Christian Fellowship, Darnall IAffiliated to The Evangelical Alliance) and are identifying ways in which we can support one another in the mission and ministry of the Church. Thi5 includes support for food and clothing banks, training and equipping events and prayer. Volunteers We would like to thank our large team of volunteers who work so hard to make our church the lively and vibrant community it is. Financlal Rewew The church has several different types of funds. The main funds are described below. The financial statements have been prepared in accordance with the accounting policies set out in notes to the aceounts and comply with the charity's governing document, the Charities Act 2011 and the relevant version of the ststement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporknng Stsndard applicable in the UK and Republic of Ireland IFRS 1021. The general fund includes the income and expenditure of the day to day operations of the church (with the exception of St Law￿nCe Church Hall and St. Andrew's Centre. Overdll general fund income increased by £3,688to £86,38912021- £82,701). primarity due to showing gross fees for occasional offices12022 - £5,727). The Rivers Team PCC report For thè year ended 31 De￿mber 2022 The other main changes are- Givin8 income (planned and open plate collections excluding Gift Aid) has decreased by£3,328 Tax recovered under the Gift Aid scheme totalled £12,55012021- £11,644). Income from fees (excluding for occasional offices) In£￿aSed by £970 Net rental income from the house at 18 St Georges Drive, which has been let on a short-term tenancy throughout 2022, produceil a net rental income of £3,41512021 £4,487) in the year after taking into account agents fees and other letting costs. Part of the property was transferred at the 2021 year end to the Church Endowment Funds. to release funds for repairs and upgrade works at the property. The restricted funds associated with these endowments now receive a proportion of the rental income, whith ha5 reduced the net rental income for the General Fund. There was also a rent-free period agreed with the tenant as a goodwill gesture in respect of the disruption and inconvenience incurred during the repair and renovation works. Expenditure increased to £95,48712021- £64,3841. The increase is primarily due to an increase in the contribution to the Diocesan Common Fund of £7,(K)O and the repairs to 18. St Georges Drive, costing the general fund £11,805. Other cost a￿aS saw increases as well, notably utility costs and maintenance costs. The Generdl Fund produced an operating defrcit of £9,098. Following the repair and upgrade works, the property was valued at £185,000. The General Fund's portion of this gain was an addib'onal surplus of £35,713. The general fund made a transfer to the designated mission fund tithe of £6,347. Excluding the one-off building costs land property revaluation) but including the transfer to the Desigrsated Mission Giving fund, the General Fund showed an operating delicit of £3,640. Net transfers of monies to and from other funds, det?i15 of which can be found below, mean that general fund reserves now stand at £167,08412021- £147,005), of which £20,263 is not invested in property12021.' £35,898). Maln Restrirted, Deslgnated and Endowment Funds St Lawrence Church Hall - Deslgnated Fund The income and expendlture in respect of St. Lawrence's Hall are accounted for separately with anv surplus transferred in full to the General Fund. Income from lettlngs 12022 £6,756, 2021 £6,756) remained consistent to the prior year and expenditure12022 - £859, 2021- £1,933) deereased due to one off electrical work in the prior year. The surplus generated of £5,89712021- £4,822) was transferred to the general fund. The Church Hall was valued at 31 December 2004 at £114.000 and is included in the balance sheet on this basis. St. Andrew's Centre~ Restrirted Fund Income from the use of the Centre totalled £7,52112021 - £1,484) as it started to recover from the impact of the COVID-19 pandemic. Income from the rental of the flat at 85 Bonet Lane decreased 12022 - £2,082. 2021 . £4,536) due to a hardship discount being offered on the rent. Oveiall. there wa5 an increase in total receipt512022 - £9,611, 2021- £6,270). The RiversTeam PCC report For the year ended 31 De￿mber 2022 Expenditure increased overall by £8,224 12022 - £16,034, 2021 - £7,8101 due to £6,520 of planned renovations to the flat, and increases in utility costs, resulting in a deficit of £6,42312021- £1,539). This was covered by a transfer from the General Fund. 85 Bonet Lane was valued at 31 December 2004 at £125,000 and is included in the balance sheet on this basis. The fund retaine(I net cur￿nt assets of £1,50012021- £1,5CQI. Mission Giving IDesl8nated fund) and Mlsslon zift day appeal$ (Restrirted fund) The PCC is committed to give IO% la tithel of the money it received last year from giving to support various mlssion partners. It aims to hold gift days each year specifically for this and makes up any shortfall from General Funds. The sum of £6,347 has been set aside in a des18nated fund as a provision for mission giving for 2022. The PCC will review this and make a final decision on how muth of this provision will be donated and will agree which mission organisations will be the beneficiaries. £8,113 has been provided for in the restricted mission fund which remains unspent from previous years. The PCC reviews its overall commitment to mission giving and the mission partners it supports on an annual basis. The PCC is hopeful that the commitment to mission giving in 2022 will be made in full, but all financial information and the financial health of the ChLErch will be considered before such decisions are made. Other Designated, Restricted, and Endowment Funds Full details of other funds can be found in the notes to the accounts. In order to streamline its accounting processes, the PCC is seeking to reduce the number of funds it holds. To this effect it has, with the agreement of the DCCS, adopted a policy of reducing the balances of restricted funds by calling on them first for any expendlture which legitimately meets the conditions of the fund. Where possible the PCC m3y look to amalgarnate funds With similar objectives and conditions. Reserves Policy The free reseryes as at 31 December 2022 were £20,263 (general funds excluding tangible assets). The PCC are going to set a formal reserves policy and tsrget to be approved for the 2023 accounts. but consider the balan￿ at the end of 2022 sufficient. Investment Pollty The PCC has invested its endowment fund in property to generate rental income which is used for the purposes of the relevant restrirted funds. Surplus cash at bank is held in an interest bearing deposit account. The Rivers Team PCC report For the year ended 31 December 2022 Structure. Governance and Management In line with the Diocesan Strategy the RiversTeam operates on an oversight model of model of mission and ministry, with responsibility for various ministry areas delegated to focal ministers and ministry teams. The Incumbent is Revd, Philip Barringer ITeam Reetorl who setves on a House for Duty basis, and he was joined in Jan 2023 by Revd. Deborah Coyne (Team Vicar). They share in the oversight responsibility for the Rivers Team. There are 3 Churchwardens, each of whom takes responsibility for over*eing a particular aspert of the mission and ministry and leading a core team who minitter across the benelice. IC. Collier- Pastoral Care, D. Smith - Worship and R.Edge- Fabrlcl. Ministry, serVI￿S and missional activities are largely led by lay volunteers. The Team Council meets bi-monthly to discuss and make decisions on the finances, business, mission and ministry of the church. In 2022 the business of the Team Council included.. Patterns of SeNices Mission Action Planning Appointment of a new Team Vicar The finances of the Team Reports from Church Wardens covering worship, pastoral care and upkeep of our buildings Centenary project updates Parish weekend 2023 Small groups Admlnlstratlve Informatlon The Rivers Team is part of the Church of England, within the Diocese of Sheffield. We are one parish covering the five communities of Brinsworth, Catcliffe, Treeton, Tinsley and Waverley. The correspondence add￿sS Is Rivers Team Church Office, 85 Bonet Lane, 8rinsworth, Rotherham, 560 5NF. The PCC is a body corporate IPCC Powers Measure 1956. Church representation Rules 20061 and was registered with the Charity Commission in September 2009, charity number 1131641. (Churches were previously excepted from registration). The method of appointment of Parochial Church Council members is set out in the Church Representation Rules. The PCC is known as the Team Council and is comprised of up to twelve representatives of the laity elected by the annual parochial church meeting. These twelve elected representatives shall be up to three lay rep￿sentativeS from each community. In addits"on, ex-officio members include clergy, churchwarden5 and lay ￿aderS licenced to the Parish and the Team Council may co-opt up to two persons. Trustees are elected for a 3 year term. The Rlvers Team PCC report For the year ended 31 De￿rnber 2022 PCC members who have seNed from 1° January 2022 until the date this report was approved are.. Ex-officio Revd. Philip Barringer Rertor/lncumbent and Chair Revd. Deborah Coyne Team Vicar From Jan 2023 Caryl Collier Churchwarden Richard Edge Churchwarden David Smith Churchwarden Monica Walker Churchwarden Edward Short Churchwarden Denise Cryer Reader Denise Teal Reader - Appointed May 2022 Resigned Apr 2023 - Resigned May 2022 Co•OPted members Linda Read IDS) Pam Gre80ry Secretary Treasurer ElÈcted Members Kelly Abbott Elected Apr 2022 -Resi8ned June 2022 Vimbai Rashai Julie Read John Saxton Alison Shaw IDS) Nicola Short Vanessa Sibanda David Vickers Elected Apr 2023 Sarah Clayton Jane Cripps Tara Cryer Sally Dunkely IDSI Iris Gahegan Chris Norton Claire Peats Resigned May 2022 Resigned Apr 2023 Elected Apr 2023 Resigned Apr 2023 Elected Apr 2023 Elerted Apr 2022 Elected Apr 2022 Elected Apr 2022 (Note DS indicates deanery synod representative) Princlpal address The Rivers Team Church Offi'ce 85 Bonet Lane Brinsworth Rotherham South Yorkshire S60 5NG Independent examiner Sarah LiBhrfoot FCA DChA Seven Hills Accountsnts Limited 57 Burton Street Sheflie5d S62HH The Rivefs Team PCC report For the year ended 31 December 2022 PCC respon5ibilltles In relation to the financlal statements The PCCS are responsible for preparing the PCC Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the Charity for that period. In p￿parIng the financial Statements, the trustees a￿ required to.. Select suitable accountin8 policies and then apply them consistent￿. Obserwe the methods 8nd principles in the applicable Chariknes SORP,. Make judgements and estimates that are reasonable and prudent- State whether applicable accounting standards have been followed, subjert to any material departures that must be disclosed and explained in the financial statements- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business. The trustees are responsible for keeping proper actounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provision5 of the Trust deed. They are also responsible foi safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenante and integrity of the charity and financial information included on the charity's website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements The annual report and financial statements were approved by the PCC on Its Signed on their behalf by Rev P Barringer Incumbent and PCC Chairman Independent Examiner's report to the PCC of The Rivers Team {"the Charlty") I report to the PCC on my examination of the accounts of the Charity for the year ended 31 December 2022. Responsibllitles and basis of report As the PCC of the Charity you are Tesponsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the Charity's accounts carried out under sectlon 145 of the 2011 Act and in carryin8 Out my examinatiors I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examiner's statement I have completed my examination. I confirm that t)0 material matters have come to my attention in connection with the examination givin8 me cause to believe that in any material ￿speCt.. accountin8 records were not kept in respect of the Charity as required by section 130 of the Act,. or 2. the accounts do not accord with those records; or the accounts do not comply wsth the applicable requirements concerning the form and content of actounts set out in the Charities (Accounts and Reports) Regulations 2(K)8 other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination. Your attention is also to drawn to the fact that the charity has prepared the accounts lfinancial statements) in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Repo￿ng Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and Reporting by Charities: Statement of Recommendeil Practice iSSLsed on l April 2005 which is referred to in the extant regulations but has been withdrawn. We understand that this has been done Én order for the accounts to provide a true and fair view in accordance with LIK Generally Accepted Accounting Practice. I note the following matter which I do not deem to be material- No fund comparison5 have been included the movement in, or breakdown of designated, restrlcted or endowment funds. Similarly a breakdown by fund of the balance sheet lor balance sheet notes) has not been intluded. I do not think this missing information, which is technically required by the ststement of Recommended Practi￿, hinders the understsnding of the users to the accounts. I have no concerns and have come across no other matters in connettlon 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. Signed: 3 Sarah Ligh oot FCA DChA Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH Datr: 19 February 2024 The Rfv2r57eam Statementof financl81 attivhles For the year ended 31 Dec¢mb¢r Zolz Ge*eval funds Desl8Trate fund5 ftestrkted Ehdawment f¥nds funds Total Totsl 2021 Notès lth¢tthe from.. voluntary0￿n8 Planned BWlnE Service collectlQnS C*herdonatlOn5 GiftaK4 recovered Grants 38,942 11.040 %6 12.610 2,299 67S 49 173 41,241 11,716 2.215 13.083 47,579 6,427 1,981 24,405 535 80,927 1,2(A) 3CQ 63,558 8.197 73.255 Church artlvlties Hall rent and room hire In¢omtfrom activitiesand event Fees relèting toweddin85 and funerals 6,756 2.784 4,737 1,178 8,699 10,040 5,610 19.211 34,861 8.276 873 18.033 19,406 11,336 19,599 6,756 Investmenrs Net Income from rental property Bank interest Dividend Income 3,415 io 2,972 13 6,387 23 9￿24 3,425 2,985 6,410 9,715 Totsi Incomo 256 19.981 114.516 110,241 Expendlwre on.. Chur¢h artivltles Mi5SIOfi giving Common fund contribution Salary tosts Ckrsy and staff c05t$ 6,347 260 6.607 47,000 11,487 1.618 5,240 47,th) 11,487 635 10,794 L412 Church expenses Wor5hlp and service5 Mission & Miftistry Actkvities and èvents Fee5 p&id re weddingsand funeraL5 2,037 178 153 5,895 235 2.167 783 1272 3,395 936 5,895 I,oso 105 Church runnin8 Costs 6.397 7,862 5,575 3,016 1,590 134 2,711 15S 3,318 I,a22 691 9.870 9,788 6.266 3,016 7,074 9,608 3,641 1.017 L397 992 s￿86 Church and hall Insuran¢e Church and hall maintenance Church and hall maintenance- sI￿rtic3n1 costs Churchyard costs ITand offKe equipment Other ntnning costs Iso 1,125 4,371 1.259 7.183 io) Governance (￿t9 Independentexaminatlon fee Iso 150 Iso Rental propertycosts 11,W5 6.520 3,070 21,395 rotal expendlture Operotingsurplus/éefvtbefore gGins/llosses) Net ￿1￿5/(105$esI on propErties Netgainslllossesl OD Inve5tment$ Net 1ntomellexpendsiu￿) Transfer of lunds 95,487 8.256 33.064 3,070 139.877 89,184 19,0981 113.1831 13.0701 125.3511 21,Q57 35.713 9.287 45,0 3.264 26,615 113.1831 6,217 19.649 14,321 7and8 16.5361 4SO 6,086 N¢trnwoment In fund5 20.079 450 17,0971 6.217 19.649 24,321 Totalfvnds broullht fgywa 147,005 114,0 197. 28,891 486,902 462.581 Tot•lfund5 carrled forword 167,084 114,450 189,909 35.108 506.551 486.902 The Rlsrr5Team Balance Sheet A5at31 December 2012 General Deslinated funds fund5 Re￿￿Cted Endowment funds fvnd5 1022 2021 ￿￿e$ Flxed assets Tangl￿e assets Total Nxed a5yets 146,821 146,821 114.(YXI 114.000 125,0( 125,OLK) 38.179 38.179 424,r 424.oc 379D)) 379,0 CuThentAssets Balance at bank and cash Debtors Tot81 cvrrertass￿s 20,809 3,254 24,063 6,797 71,098 2.424 73.522 13,0711 95.633 5.678 101,311 124,162 3.348 127,510 6,797 13,0711 Creditots.. amountsfalling due %YlthlD one yea 13,8001 16,3471 18.6131 lts.?f4Jl 119,&)81 Nei tuYrent•S5ets 20,263 490 13,0711 82,551 107,902 Total J55ets les$tutyentllablM¢les 167.084 J14,450 189,909 35,108 Sl￿,551 486,902 CreditQ15'. amounrs fallin8 due after more than one year Total neta55tts 167,084 114.450 189.9)9 35,108 506,551 486.90Z Represented Bv FUNDS GeDeral fund- net current assets Ifree reserves) General fund- tangiblè fixed assets Total general fund5 De518nated funds Total unrestrirted Income fund5 Ae5tricted Incomefunds Endowment funds 20,263 146,821 167.084 20,263 146,821 167,084 114,450 281,534 189,909 35,108 506,551 35.898 111.107 147,(KlS 114,(lJ) 261.￿5 197,( 28,891 486,￿2 114,450 114,450 167.084 189,909 35,108 35,108 167,084 114,450 I89,￿9 The financlal statementswere approved bythe PCC on and $18ned on thelr behalf by.. Rev P Bathr*er Incumbentand PCC Chairmèn The Rlvers Te•m Notes tothefir*an¢lal statements Fortheyeaf ended 31 December 2022 Accountlnz Polldes fj¢neral The financial statements ha¥e been prepared in accordan￿ wth the Statement of Recommended Practice., Accountin8 and Reportin8 by Charities preparlng their accounts in accordance the Fin3n¢ial Reporting Standard applicable in the UK Ènd Republic of Ireland IFRS 1021 15econd edStionl, the Fln3nclal Reportin8 Standard applic3ble In the Unlted Kingdom and Republic of Ireland IFRS1021. the Charities Art 2011 and in Accordance with the Church Accountlng Regulation$ 2006 governing the indi￿dual acc￿￿1$ of PCCS. The atcount5 (financial ststement51 have been prepared to give a 'true and fairf vlew and have departed from the Charitle5 (Accounts and Reports) Re8ulatlOn5 2008 only to the extent required to provide a 'true and fair view,. This departure has involved follown8 the relev3nt version of the Statement of Recommended Practice applicable to charlties preparlng their acrount5 In accordance wlth the FlnancSal Reportin8 standard applltab5e in the UK 8nd Republlc of Ireland IFRS 1021 rather than the Accounting and Reporting by Charltles." Statement of RÈccmmended Practice effertlvefrom l April 2005 which has since been withdrawn. The PCC constitutes a public benefit entity as defined by FRS 102. The finan¢ial statements are prepared under the historfcal cost convention except for the Valuation of Investment assets. The financial statements are presented in sterllng whlch 15 the funttional urrency olthe charityand are rounded to the nearest £. Fund a££ountln8 Unrestricted income funds cornprise those funds whlch the PCC are free to use for any purpose Sn furtherance of the ch&ritsble objects. ifrnrestrirted funds I￿l￿de desi8nated funds where the trustees, at their discretlon, have created a fvnd for3 specilc purpose. Restricted funds are to be used for speeifit purposes as laid down by the donor. Endowment funds have arlsen as a result of 81fts loriEinally of shares) m￿e to the PCQ where it wa5 primarly experted that the capital would be held tO8enerote Income, but could be spent If the trustees 50 determine. OetalLg of these fund$ are given in note 9. The accounts Include 811 transartions, assets and liabllltles for which the PCC un be held responsible in law. They do not include the accounts for other church groups that owe thelraffiliation to another bodyi northose that are informil gatherln8s of Church members. Income All income is recognised onte the charity h05 entitlement to Incom¢. it 15 probable that the Income wlll be received arid the amount of Income weiv&ble cbn be rreasured reliably. Planned 8lvln8 recefvable under Gift Aid Is reco8nSsed only when ￿ceIved. Income tsx recoverable on Gift Aided donltions 15 accrued for on the donation date. Grants and legèclÈs to the PCC ?re accounted for as soon •$ PCC is notbfied of Its legal entitlement and the amount due 15 quantlfi3ble ènd its ultimate receipt by the PCC reasonably certain. Grants and1e8acle5 to the PCC are accounted fora5 scon as the PCC Is notified of its legal entitlement, the am¢)unt IS gu¥ntifiable and Its ultlmate recelpt by the PCC is Trasonablycertain. Rentsl irKorre frorn the lettingofchurch premises 15 recognlsed w￿n the rent8115 d￿. 8ank interest Is accounted for when receivable. Expendoture Expenditure Is reco8nised onct there Is a le8al or constructlve obligatbn to make a payment to a thlrd party, it is probable that settlement will be required ond the amount of tho obligation can be measured rèliably. Liabilities are rece8nised as exp2nditure as soon as there is a legal or con5truetlve obligation comrnitting the charity to that expenditure, it Is probable that Settlement wyll be requlred and the arnount of the obli8ation tan be measured relSabl¥. All expènditure is accounted for on an ac¢rua15 basis and Includes irrecoverable VAT. The Olocesean common fund ￿$ accounted for when paid. Any amounts agreed by the PCC but unpald at 31 December is provlded for I these accounts as an operatlonal Ithough not le8all liablllty8r¥J Is shown a5 a creditor in the Balante Sheel. Irrecoverable VATi5 thar8ed as a cost agalnstthe a¢tivityforNthlch the expenditure wa$ incurred. The Rivers Team Ntste5 tothefinancial statements- ¢ontlnued Fortheyearended 31 Derember 2021 Accountln8 Pollcle5. ¢Ontlnued Flxed a55¢ts Consecrated lart and buildin nd movable urch furn15hln Con5ecr&ted ènd benefice property is ex¢luded from the èc¢rMJnts by s.1012llal 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 disp05Jl, are acwJnted as inallenatrAe property unless ccnsecrèted. They are listed In the church's inventory which can be inspected at any reasonable tlme, All expenditure Incurr￿ in the year on Consecrated or beneficed buildlng5, indiwdual Items under1£2,5001 or on the repair of movable ¢F￿r¢￿ furnishings acquired before l January 2004 is written off. Pro Property held for the church Iwhatever the purposel 15 accounted lor at the valuation as at 31 December 2004 unless SIBnrfitant Improvernentwork ho5 been done. See note 4 formore details). Property and Investmet)t zain$ and10sses All gains and losse5 are taken to the Staternent of Financlal Artivlties as t￿Y arise. Realised ¥4ins and losses on Investments are calcul4ted as the difference btheen sales proceeds Ènd their opening carrying value or their pur¢h8se value if acqulred subsequent to the first day of the financial year. Vr￿ealiSed 8alns and losses are c31rulated as the differerKe betweÈn the fair value at the year end and thelr carryin8value. Reali5ed and unrealised investment sains and losses are eombined in the Staternent of Financlal Actiwties. n*ntlal In5trumertts The charity only hè5 Nnancial aS$￿S and financial liabilit*s of a kind that quallfy as basic financial instruments. Bayt financial Instrurnents are Inltlally reco8nSsed at transartlon v&ue and subsequently measured at thelr 5ettlefflentvalue. Taxati•i A5 a tharity. the organi5ation is exempt frorn tsx on Income and 8aln5 fallin6 wwthln the avatlable tsx exemptionsto the extent that these are applied to its charitable objects. Notax thorgts have arisen in the thafity. Goltt8 concern The financial statements have been prepared on a goln8coneem basis as the PCC bel*ve that the ¢harity wlll continue to operate for 12 months from authollsin8 these flnanclal staterTients. St•ff tosts, PCC r¢munefatyon and expenses, andthe cost of key martayment personnel 2022 2021 Contrlbuti¢y) to salary costs 11,487 7.884 The church does not dirertly ern￿o¥ee any individuals. They relmburse the Dlocese of Sheffield for the costs of the Centenary worker salary positlon. PCC mernbers were not paid and did not recewe any other benefits in their tapacity as PCC members In the year12021.. £nlll neither were they reirnbursed expenses in their capacity as PCC membeTsdurin8tlE year12021.. £nlll. The key m3na8ement perkonnel of the charlty comprise the PCC member5. whKh include the Cler￿ and the Centenary Projert worker. A common fund contribution of É47,OfM) was paid to the Diocese of Sheffield towards clergy remuneration12021.. £40,0001. Other cler8Y expenses1lncludin8 housing c05tsl and tentenaryworker expenses, were £1,61812021.. £I4121. Related party tTansadlon5 PCC members and land families) donoted in the region of £17,CN)O before Glft Aid wlthout conditlon5.lwhere a PCC member has only served for part of the year, donations are included forthe whole of the financial year.) Other related party transartions duringthe yearwere.. The tèretaker of St Andrews is dose farnily of a member ol the PCC. They were pald £3,457 on a self-employed basis during the year. The church has trustee5 Ill tommon ￿th the followlng charities, whlch are not deemed to be under the PCC tontrd and are not Included within these accounts.. The Bellfield Charfty. 247392, Is set up to contrlbute to the upkeep and renewal of the church bells, ènd bell tC*A*r of St Hekn's Church, Treeton. Treeton Educational Foundation, 529423, exists for the provlslon of 8rants to Treeton ￿e￿dentS and Treeton Church of En8iand School to assist childrtn and young people In I￿1r education The Rlvers T¢•rn Note5 totheflnancial statements- coniintsed For the year ended 31 De¢ember 2022 T￿8Ible¥S$et$ Inve5tmertt St L: Churth St A.. Centre prope nd flat Total Valuation As at I january 2022 Revaluation 140,000 45,000 114,000 125,OLKI 379,OQO 45,000 As Ot 31 Decembtt 2022 185,000 lTrvestment property This property 15 held to generate rental incomÈ. It is held by the 8eneral and endowmentfund5. It was revalued as at the end of the year to reflect major work done durin8 the year and the change in market value. St L.. Church Hall St Lawrence Church Hall 1$ used for thurch atti*ities. It is held by a de51gnèted fund. It was valued as at 31 DÈ¢ember 2004 and 15 included In the accounts on this ba515. St A.. Centre and flat St Andrew's Centre and flat Is a mixed use property. It 15 used for ¢hurch attfvities but also includes a rentsl property which generates Income. It 15 held by a restricted fund. It wa5 volued ès at 31 De¢ember 2004 0rKI 15 irKluded in the accounts on this basis. Debtors 2022 2021 Glftoid re￿1Vable Prepayments 3,374 2,304 3.348 Credltors.. amounts fallinKt*ue wlthln one y¢ar 2022 2021 Accruals Deferred incorne 18,260 500 14,608 18.760 Deslgnatedfunds Balance at l-Jar*-22 Balance at 31-0e¢-22 Income Eypendlture Translers Mlsslon Gnilng Training fund 16,3471 11,0501 18591 6.347 1,500 6,756 450 114,QOO 114,000 15,8971 114,0 8.256 450 114 Mlsslon Givlng The PCC is ctrmmitted to give IO% la tithe) of the money it received last year from 8ivin8 to 5UPPOrt various mission portners. The sum of £6,347 ha5 therefore been Set aside from the 8eneral fund as a provi510n for mission givin8. The PCC will review this arKI make a final decision on how much of thSs provi5Dn W￿11 be donated and wll agree which m155ion or8anisation5 wlll be the beneflc￿rle$. Tralnlngfund Monies given by individuals attendln8 trainlng course5 has been setaside sothe surplus can be spent on furthertrainln8 in the future. 5t L.. Hall 8Ctivity The income end expenditure in respect of St. tswrence's ￿￿1 are a¢counted for separately wlth any sUr￿U$ transferred in full to the Gener41 Fund. The sUr￿U$ durlng the year 15 contributed to the 8eneTal fund. 14 The Rivers Team Ntstestothefinancial st*ernents- contlnued Forthey*ar ended 31 December 2022 Reorftted fvnd5 Balance at l.J¥n•22 balance at 31-Dec-22 Income Ewndkure Trnnsfers Centenèry fvnd Supporting communltie5 grant Specific rni5sion givlng M3cedonia fund Partsh Weekend fund St A.. Centre activity Sl M.. Churchyard restoratSon St H.. Re5torotion fund St H.. MR&H Atkinson Trust St H.. Beifield Fund St L.. Educatlon fvnd St L.. fabrfc fund St L.. pwr fund St L.. Eric Bower fund 20,101 2,047 s.ocwj 113,2731 13,3671 8.875 1,296 13371 1.120 1,120 126,5 1,163 45,839 9.611 1,178 116.0341 6,423 126,500 2,341 46,254 415 11981 12171 198 217 127 169 1,373 156 1,690 184 12601 1.240 325 1,744 184 11301 33,064 6.086 189,909 Certenory fvnd The Centenary project IS 8 Diocesan Initiatwe for the dep￿0ymÈnt of Youth and Childrens and Farnilies workers to churche5 in the Di0￿Se of Sheffield. We currently have a % tlme Childrens and Famllies worker via the Centenary Project. 5upportln8 commymltlesgrafit A £5,000 grant from Rotherham Cwnci1 Ivia Voluntary Artion Rotherhaml to a5Si5t in the recovery from the pandemic. Costs covered Include computer equipment ijpgrade and 2 yeors of internet provision. Speclfic mitslon glvlni Monies raised from 2020 and 202185ft days, with a contrlbutk)n from the PCC la tithe). A creditor 01 £8.113 remains unspent at the vear end. Ma¢edonla fund Thi5 fund is to provlde financial assistance to any member of the Rlvers Team ton8re8ation5 who finds themsefvts in financlal dSfficulty and unable to meet an irnnEdiate essential bill or cost. P•rish Weekend fvnd Monies given towards the costs of Tearn parlsh weekends. Si A.. Centre attl￿ty All incorne ènd expenditure relatlng to St Andrew's Centre is held in th15 restrlcted fund, •lon8 With the underlylng a55et. The deficit ol £6,423 has been supported from the Eeneral fund. St M.. Churchyard restoration Thls fund is for the expansion, development and improvement of the Churchyard at St. MaT¢s. Cètdrffe. Whislt the ori8inal work wa5 done soffle time a80, the fund still feceives related funeral fee income $0 that when there is suffielent money the PCC will look to gei the pèths upgraded. possibly intr￿U¢e some bases for Memoria￿ benches, tree works. repalrs to w8115 and anyother rn8lor maintenance works. St H: R￿toratIon fund For repalrs to the fabrlc of St Helen's Church, Treeton - ebther Interior or exterlor. Thi5 fvnd ￿CeIVed the property Income ol the St Helen's endowment funds (see belowl. The below 5 funds are connected to endokyment fund5 - the Income generatsd from endowment investment5 Can be used lor the followin8 purposes.. St H: MR&H Atklnson Trurt St H.. Belfield Fund St L.. Education fund St t.. labrlcfund Sl L: poorlund for the fflaintenance of the 6eneral fabric St Helen's forthe upkeep and renewal of the Church bells, ènd bell tower of St Helen'5 Church, Treeton forthe resovrcing of ChTlStian teaching and educatlon for maintainlng the fabric of St. Lawrence Churth to provide asslstBnce forth05e in Tinsley In Financial hardshlp St L.. Erfc Nowerlund to maSntain a ¢ertaln grave & provide flowers in church 15 The RlversTeam Notes to the financlal statemthts. ¢ontlnued Forthe year ended 31 Decernber 2012 En