2023-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St James & Emmanuel, Didsbury

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			Contents
1.	Parish Details
1.1.	Status
1.2.	Structure, Governance	and Membership
1.3.	The Standing Committee
1.4.	Electoral Roll/Average	Sunday Service Attendance
1.5.	Bankers
1.6.	Independent Examiner
1.7.	Related Charities
2.	Parish Report
2.1.	Objects
2.2.	Aims and Objectives
2.3.	Review ofthe Year: Its	Objectives and Achievements
2.4	Plans for the New Year
2.5	Financial Review
2.6	Grant Making Policy
2.7	Reserves Policy
2.8	Risk Management
2.9	Statement of PCC Responsibilities
	Independent Examiner's		Report

Financial Statements
Summary of Funds		19
Statement of Financial Activities	(SOFA)	20
Bala nce Sheet		21
Notes to the Accounts		22

Team Rector	Revd Dr Nicholas	Bundock	Bundock	Chair
Team Vicar	Revd Canon Lisa	Battye		Diocesan Synod, General Synod
Curate	Revd Cate Allison			Also, Curate ofSt Paul's, Withington
Curate	Revd Augustine	Tanner	Ihm
Curate	Revd Katrin Alldavoodi
Curate	Revd Jane Whittell			Permission to Officiate (PTO) until
				Sept 2023
Wardens	Andrea Dunkerley			PCC Secretary
	Vicki Long
	Rosy Martin			From APCM 2023
	Jon Parkin
	James Wilson			Until APCM 2023
Deanery Synod	Jeff Dunke rley			Diocesan Synod
Representatives	Irena Grugulis			Joint Vice Chair, From APCM 2023
	Hilary Lowe			Treasurer, From July 2023
	Greg Mauchline			Joint Vice Chair, Until July 2023
	Steve Penny
	Alexander Sims

	2023	2022	2021	2020	2019
9.00am —St Jam es'	27/2	29/4*	23/1**	47/2***	53/3
11.00am —StJames'	27/2	27/4*	27/5**
10.30am —StJames'					45/11

				~	I
10.30am —Emmanuel	127/31	140/29*	143/32**	118/17***		170/36
12.30pm —Farsi	85/7
6.15pm	39/1	39/0*	45/1**		38/0g g Q	51/2

==> picture [272 x 8] intentionally omitted <==

	Unrestricted	Restricted	Endowment	Total	Unrestricted	Restricted	Endowment	Total
	Funds	Funds	Funds	Funds	Funds	Funds	Funds	Funds
	2023	2023	2023	2023	2022	2022	2022	2022
Note
INCOMING RESOURCES
Voluntary income 2a	311,743	15,513		327,256	306,180	18,493		324,673
Activities for
generating funds 2I3	76,906	4,794		81,700	86,900	1,244		88,144
Income from investments 2c	5,982	275		6,257	2,342			2,342
Income from
church activities 2d	33,860	16,281		50,141	45,077	20,940		66,017
Other
incoming resources 2e	3,759	116		3,875	17,147			17,147
TOTAL INCOMING RESOURCES	432 250 I	36979 r		469,229	457,646	40,677		498,323
RESOURCES USED
Fundraising costs 3a	75,729	433,476		509,205	48,908	2,508		51,417
Church
Activities (see note 5a) 3b	344,583	45,610		390,193	479,548	41,031		520,578
Governance costs 3c	4,047			4,047	3,898			3,898
TOTAL
RESOURCES USED	424r359	479r086		903,445	532,354	43,539		575,893
NET INCOMING
RESOURCES BEFORE	7,891	(442,107)		(434,216)	(74,708)	(2,862)		(77,570)
TRANSFERS
Transfers
between 7	(400)	400
funds
NET INCOMING RESOURCES	7,491	(441,707)		(434,216)	(74,708)	(2,862)		(77,570)
GAINS ON INVESTMENT ASSETS
On revaluation			1,451	1,451			(2,029)	(2,029)
NET MOVEMENT IN FUNDS	7r491	(44ir707)	1,451	(432,765)	(74,708)	(2,862)	(2,029)	(79,599)
Balances brought
forward at 1 January 2023	200,328	1,011,204	15,289	1,226r821	275,036	1,014,066	17,318	1,306,420
BALANCES
	207r819	569r497	16r740	794,056	200,328	1,011,204	15,289	1,226,821
DECEMBER 2023

			BALANCE SHEET AT 3	1 DECEMBER	2023
					2023	2022
				Note	f	F
FIXED ASSETS
Investments				9a	16,740	15,289
Tangible Fixed	Assets			9b	568,622	1,000,159
Total Fixed Assets					585,362	1,015,448
CURRENT ASSETS
Debtors				10	24,518	35,068
Cash at bank	and	in hand			210,666	214,968
Total Current	Assets				235,184	250,036
LIABILITIES: amounts year			falling due within one		(26,490)	(38,663)
NET CURRENT ASSETS					208,694	211,373
NET ASSETS					794,056	1226,821
FUNDS
Unrestricted				12	207,819	200,328
Restricted				12	569,497	1,011,204
Endowment				12	16,740	15,289
TOTAL FUNDS					794 056	1,226,821

2	INCOMING RESOURCES	INCOMING RESOURCES		Unrestricted	Restricted	Total	Total
				Funds	Funds	Funds	Funds
				2023	2023	2023	2022
							f
2a	Voluntary income
	Giving:
	Gift Aid donations			208,807	8,197	217,004	221,052
	Tax recoverable			52,732	2,055	54,787	55,053
	Other giving			34,449	5,236	39,685	37,258
	Donations:
	For specific causes			11,555	25	11,580	10,016
				4,200		4,200	5,750
	Bequest						5,560
				311,743	15,513	327,256	324,673
2b	Activities for generating		funds
	Church Hall rental	income		50,780		50,780	47,544
	Church rental income			14,212		14,212	29,514
	Office income			6,088		6,088	4,854
	Fundraising income			5,826	4,794	10,620	6,232
				76,906	4,794	81,700	88,144
2c	Income from investments			5,982	275	6,257	2,342
2d	Income from church activities
	Occasional service	fees		16,082		16,082	16,092
	Grants received (see note 4)			4,807	6,446	11,253	12,582
	Toddler groups			4,776		4,776	4,650
	Other activities and	events		8,195	9,835	18,030	32,693
				33,860	16,281	50,141	66,017
2e	Other incoming resources
	Insurance claims			300		300
	Grants received (see note 4)			3,459	116	3,575	17,147
				3,759	116	3,875	17,147
	TOTAL INCOMING	RESOURCES		432,250	36~979	469~229	498~323

3	RESOURCES USED	RESOURCES USED						Unrestricted	Restricted	Restricted	Restricted	Tota I	Total
								Funds	Funds			Funds	Funds
								2023	2023			2023	2022
								E	f			E	E
3a	Fundraising costs
	Staff costs:
	Wages 5salaries							14,259				14,259	14,308
	Church hall running		and		maintenance		costs	59,754		813		60,567	35,431
	Depreciation
	Parish Centre	-	Fixtures and Fittings							696		696	819
	Parish Centre	—	Impairment loss						430,000			430,000
	Fundraising costs							1,716	1,967			3,683	859
								75~729	433I476			509I205	51417
3b	Church Activities	(see			note Sa)
	Church giving to mission (see note 6)							30,950				30,950	27,890
	Poverty Action Group								6,511			6,511	5,713
	Parish Share (Diocesan				costs)			102,500				102,500	153,000
	Buildings:
	Premises Maintenance							33,299	1,408			34,707	119,080
	Cleaning, insurance utilities			Council tax 5.				46,080				46,080	36,599
	Church Hall running				and	maintenance		9,959			135	10,094	5,906
	Clergy expenses							5,410				5,410	5,200
	Occasional service	expenses						9,405				9,405	8,863
	Ministry team expenses							22,846	6,031			28,877	39,305
	Youth and children's		work					2,923			252	3,175	953
	Toddler g roups							819				819	710
	Staff costs:
	Wages 5salaries							54,032	5,290			59,322	55,551
	Expenses							1,590				1,590	3,127
	Training							4,172				4,172	736
	Office expenses							8,595				8,595	8,241
	Refreshments							1,118				1,118	755
	Depreciation
	Fixtures and	Fittings						156			116	272	319
	Equipment							2,762			571	3.333	3,433
	Bank and card processing					charges		364			100	464	448
	Other activities and		events					6,283	25,		196	31,479	43,610
	Flowers							1,320				1,320	1,139
								344I583	45~610			390~193	520~578

==> picture [492 x 458] intentionally omitted <==

5	CHURCH ACTIVITIES	CHURCH ACTIVITIES
Sa	Expenditure	on church activities	is	2023
	as follows:
	Activities undertaken directly			826,984
	Grant funding	and donations		46,730
	Support costs	(see note Sb)		29,731
				903,445

0,000 per an	num.
			2023	2022
			Number	Number
The average	number of employees	was as follows:
Support 5 Lay workers
Management	5 administration

MISSION GIVING	MISSION GIVING			2023	2022
				f	E
General Mission	Fund:
Daniel Eswarappa	- Evangelising	Asia		5,200	5000
DEC — Earthquake	Appeal			500
DEC for Ukraine flood relief				500
Dignity				3,200
Hands across the Mersey				2,700
Inclusive Church				250
L'Arche Manchester				4,200	4,690
Life Centre Salford				2,700
Ozanne Foundation				2,000	2,500
Tom Twongweirwe				3,200	1000
Potter's Village				5,400	5,000
K L Roberts —No Barriers Foundation					2,300
Samara's Aid Appeal					2,400
Tearfund					2,500
Tearfund for Israel	and Gaza			1,000
The Message Trust					2500
Caroline Yevpak Ukraine				100
Total Mission Giving (from Church			Fund Tithe)	30,950	27,890
Admin, Expenses and Bank Charges				376
				31~326	27i971

	FUND TRAN	SFERS
						Transfer	Unrestricted		Restricted
						Amount	Funds		Funds
						2023	2023		2023
	From General	Fund to	General-Asset		Fund	2,764
	From General	Fund to	Mission	Fund		30,429
	From General	Fund to	Fabric Fund			25,000
	From Legacy	Fund to General		Fund		2,929
	From Legacy	Fund to Fabric Fund				5,307
	From Legacy	Fund to Poverty		Action	Fund	400		(400)	400
								(400)	400
	UNREALISED GAINS/LOSSES IN				INVESTMENTS AND		FIXED	ASSETS
	Unrealised gain on investments:								2023
									E
	Market value	at 31 December		2023					16,740
	Market value	at 31 December		2022					15,289
	Gain (details	shown in	note 8a)						1,451
	Represented	by:
	Unrealised gain arising		from change		in market	value			1,451
	FIXED ASSETS FOR		THE USE BY		THE PCC
9a	Investments
	The investments are endowment funds.
						Shares /			Market	Market
						Nominal	Cost		Value	Value
						Value			2023	2022
									f	E
	CC5 M Ellis	Memorial	Fund:
	CBF INV	FUND 1240011415++			740.52		2,116		16,740	15,289
	Total						2,116		16/740	15g289

9b				Tangible Fixed Assets					Freehold		Fixtures,	Total
									land and		fittings &
									Buildings		Equipment
									E		E
				Cost or Valuation
				At 1january 2023 Additions during the year At 31 December 2023					1,045,922 1045I922		147,255 2,764 150019	1,193,177 2,764 1 195941
				Depreciation
				At 1 January 2023 Im pa irm ent Charge for the year At 31 December 2023					120,922 430,000 550,922		72,096 4,301 76,397	193,018 430,000 4,301 627,319
				Net Book Value
				At 13anuary 2023 At 31December 2023					925,000 495,000		75,159 73,622	1,000,159 568,622
	The	land		and buildings were valued		by	an	independent	valuer,	RSC	Chartered
	Surveyors,			on 8 November 2023 at	6495k.
											2023	2022
	Freehold		land and buildings included		above:						E
	Historical			cost							1,045,922	1,045,922
	Cumulative			depreciation based on historical			cost				550,922	120,922
											495,000	925,000
10	DEBTORS
											2023	2022
												f
	Income tax recoverable on Gift Aid Other debtors and prepayments										18,484 6,034	19,474 15,594
											24,518	35,068

2023	2022
	E
(26,490)	(38,663)

FUNDS
			Unrestricted	Restricted	Endowment	Total
			Funds	Funds	Funds	Funds
			f
The Fund	values are represented	by:
Investments					16,740	16,740
Tangible	fixed assets		16,505	552,090		568,595
Assets			215,340	19,844		235,184
Liabilities			(24,053)	(2,437)		(26,490)
			207,792	569,497	16g740	794g056

		2023	2022
		E	E
Expiry	date:
Within one year Between one and five years		5,063 30,161	3,706 14,825