THE PAROCHIAL CHURCH COUNCIL
OF THE ECCLESIASTICAL PARISH
OF ST MARY THE VIRGIN, ST AIDAN
AND ST NATHANAEL WALTON-ON-
THE-HILL LIVERPOOL
FINANCIAL STATEMENTS FOR THE YEAR
ENDED 31ST DECEMBER 2023
Charity Registration No. 1131787

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON.ON-THE-HILL LIVERPOOL
CONTENTS
Page
Trustees, Annual Report
Independent Examinerfs Report
Slatgment of FINancial Activities
Balance Sheet
Notes to the Financlal Statements

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTIGAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 ST DECEMBER 2023
The trustees are pleased to present their annual report for Ihe year ended 31sI December 2023.
The financial slalemenls have been prepared in accordance with the charity's trust deed, the
Charities Act 2011 and Accounting and Reporting by Charities: Slalement of Recommended
Praclice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland published IFRS 102) eff8Ctive
181 January 2019.
OBJECTIVES AND ACTIVITIES
The Paroehial Church Council of the Ecclesiastical Parish of St Mary the Virgin, St Aidan and St
Nalhanael Walton-on-the-Hill, Liverpool (Walton PCC) has a mission statemènt lo proclaim the
Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of
England, both through the word and our deeds, lo love the Lord our God and to love his
children, our neighbours and love each other in our fellowship.
In order to do this our objectives, remain for us to provide the following public benefits.,
To Love the Lord our God and be open to Him through
Reqular public worship open to all
The provision of sacred space for personal prayer and con16mplation and helping people
who have asked for assislance with prayer.
To review our seNices in order lo onhance th8 beauty of our WOTship and make our
occasional offices more acc&ssible to those with no experience of church.
To love our neighbours and be open to them
Public benèfit
When planning our activities for the Walton PCC we have considered the Charities
Commission's guidancp on Public Benefll, in particular, the speclfic guidanc8 related lo
charllles concerned with the advancement of religion.
ACHIEVEMENTS AND PERFORMANCE
What a difference a year makes, yes there is a song in there expect that was 'a day makes,.
The proc@ss of appointing a new Rector and Team Vicar has been long, often fraughl with
disappointing messages from the Diocese and especially from the Deanery. In fact, I believe it
was intransigence on behalf of the Deanery leadership who could only see their vision for this
parl of Walton that held up this process even more.
Revd. Lathom had not even retired when Ihe Deanery view of splilling Walton Parish up was
first put to the congregations. The favoured resull was St. Mary's and St. Nalhaneal's being one
parish and St. Aidan's and St. Luke's anoth&r. At that time Sl. Luke's had their own vicar and
were not parl of the Walton Team, legally ihey still aren't members. This cavalier approach was
pushed hard by Ihe Area Dean and other Clergy in the Deanery but, the people of the churches
named had olher ideas and did not want to disrupt over 100 years of worship. The message
froin Ihe people was very clear'we do not want lo be split up,.
The Diocese was using Interim Ministers to work with churches in IntetTegnum. The Interim
Minister post was a short term one and the remit was lo help Ihe churches prepare for tho new
appointments, Revd. Fiona Pennie was appointed, and sh8 was supported by her husband Mr
Bruce Pennie who was also a Reader.
There was a lot for Revd. Pennie to look at and sort through and some of the work is ongoing
wilh our new Rector and Team Vicar carrying on Ino nol in that way} Ihe digging through
mountains of papenNork,

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LWERPOOL
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023
One of the things l am very proud of is the way the people of Walton stuck to Iheir guns and
refused lo lel their parish be split up. In fact, I think Ihls threat made people think about the
church thèy called their own in a way they probably hadn't before. The church wa8 always there
for them.
Eventually the message got through and allhough it wasn't the intentlon of the parishioners the
workings of the Deanery came under the spotlight and il was realised that to be effective, it was
too small.11 consisted of St. Mary's, Sl. Nathaneal's, Sl. Aidan's (the Walton Team}, Sl. Luke's,
st. John's, Emmanu&l, and Sl. Paul's with Sl. Columba's being under the overslght of a flying
Blshop. To make Iliis a ¢ohesive unit Walton Deanery merged with Liverpool North Deanery to
becom6 Liverpoul North and Walton Deanery. This larger group made iLèasier to provide Cover
for clergy who were absent.
That is a bit of history wh¢lt aboul now? We51, we were very fortunate to appoinlmenl clergy to
both posts. This was rather exceptional as some clergy vacancies have been readvertised
several times without success. We had been told throughout the interregnum, 'you won't be
able to appoint, clergy WDn't want to do that witli all the meetings needed, Guess what? Two
very able people did want lo work wilh us and thought DCC meelings were needed so they
could get to know people dnd how the churches worked. Revd. Lyn and Revd. Steve were
welcomed into our parish, and we are happy to have them.
FINANCIAL REVIEW
Total income in the year was £117,781 (2022.. £129,263) of which £9,10312022'. £2211, relat8d
to funding for projects upon which restrictions are placed.
Total expendilure in the year was £149.235 {2022: £112,263), leaving a deficit for the year of
£31,454 {2022: surplus £17,000) before gains on inv8Stment assets and revaluation of fixed
assets.
At 31s1 Deoember 2023 the charit5ls res8rv8S Stood al £650,316 (2022.. £678,372) of which
£38,542 (2022: £31,315) represented restricted funds.
Risk Management
The main risks, to which the charity is exposed, as identified by the Trustees, have been
considered and systems have b88n eslablished lo mitigate those risks.
We became very well versed In public health ris1( assessments and werè able to eventually gel
to 9riPS With the financial situalion once we could access online banking. The short-term
financial risk was helped by funds from the local Deanery and Diocese
As we have better financial underslanding in place, w@ are in a much better pla￿ to
understand any finanGial risk and therefore mitigate this going forward.
Reserves Policy
It is the policy of the charity to maintain unreslricled funds, which are free reserves at a level to
cover five months, running costs should no further funding be received.
As at Ihe end of the financial year the unrestricted funds totalled £611,774 of which £551,405 is
represented by tangible assets and investments, leaving free res8Nes of £60,370. The charity
requires £61,301 for five monlhs, running costs.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON.ON-THE-HILL LIVERPOOL
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023
Plan5 for Future
Looking ahead financially Sl Nathanael's aiid St Aidan's to continue to be economiG to run on a
week-to-week basis, supported by both congregation and other fund-raising activilies. They
have both recenlly had their quinquennial reports and have plans lo ensure the upkeep of the
fabric of their buildings. St Mary's is a different matter and continue to work with the 'Friends or
Liverpool City Council and Diocese and Deanery, to ensure that Ihis. the Dld8st C of E
Community in Liverpool, (mentioned in the Domesday Bookl continues to gather and worship in
thls landmark bulldlng.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Parochial Church Council of the Ecclesiastical Parish of St Mary (lie Virgin, St Aidan, and
st Nalhanael Walton-on-the-Hill, Liverpool is a registered charity,. number 1131787 formed in
23rd s?plember 2009 and is governed by Parochial Church Council Powers measure11956) as
amended and Church Representation Rules
A council was set up in 1983 betwgen St. Mary and St Aidan, which had forrnerly bepn the
daughter church. St Nalhanael joined the council in 1990 and shortly after St Aidan became a
parish church in its own right. Each church has a District Church Council, and the Parochial
Church Council is composed of eight members from each church.
The appointment of Parochial Chur¢h Council PCC members is governed by and s8t out in the
Church Representation Rules.
The PCC corisists of representatives from St Mary's, St Nathanael's and St Aidan's churches
situaled in Walton. One third of the ordinary membership stands down from the PCC each
year. Election of new members is by secret vote.
Members of the PCC are also members of committees. These commillees discuss Items In
detail and put forward recommendations to the PCC who ultimately make the decisions. Other
committees are formed on an ad hoc basis as and when required.
The three churches hav6 historically been run on a day-to-day basis by a District Council acting
as local Gommitl8es whlch then report to Ihe PCC.
They each have an electoral role of m8mb8rs and manage their own finances under the
oversight of the PCC. Four meetings are held each year.
REFERENCE AND ADMINISTRATIVE DETAILS
The Parochial Church Council of Ihe Ecclesiastical Parish of St
Mary the Virgin, St Aidan and St Nathanael Wallon-on-the-Hill,
Liverpool
1131787
Name
Charity Number
Address & Office
Walton Team Ministry
Parish Office The Cornerstone
2 Liston Street
Walton
Liverpool
L4 5RW

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023
Trustees
During the year members ofthe Board of Trustees were as shown
on the next page:
A Banks
J Cadden
D A Clague
J Cunningham
L Hughes
J Hynes
V Jones
W F Jones
R Lacey
G Liderth
G Connor-mccreith
L Maplnnes
K Miller
B Neltleton
J Neville
J A Owens
D Parsons
Rev F Pennie
D Regan
R Robinson
J stein
Trustees
(Resigned 15th October 2023)
(Resigned 151h October 2023)
Independent Examiner Ying Huang ACCA
clo LCVS
151 Dale Street,
Liverpool,
L2 2AH
Bankers
TSB
PO Box 373
Leeds
LS14 9GQ
Signed on behalf of the Trustees
J steln Trustee
Dale..

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL
CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, ST
AIDAN AND ST NATHANAEL WALTON.ON-THE-HILL LIVERPOOL
I reporl on the accounts of the charity for the year elided 31°
Decemb&r 2023 which are set out on pages 6 to 17.
Res
e¢tive
res
onsibilities of
Iruslees and examiner
The charity's Iruste&s are I'esponsible for the preparation of the
accounts. The charity's trustees consider that an audit is not
required for this year under section 144 of the Charities Act 2011
(thè Charities Act) and that an independent examination is
needed.
It is my responsibS1ily to..
examin8 the accounts under section 145 Df the Charllies Act,
to follow the procedures lard down in the general Directions
giv8n by the Charity Commission (under section 14515){bl of
the Charities Act, and
lo stale whether parlicular matters have Come to my attention.
Basls of ind6
endenl
examinor's slatement
My examination was carried out in accordance wilh general
Directions given by Ihe Charity Commission. An examination
includes a review of the accounting records kept by the charity and
a comparison of the accounts presented with those records. It
also includes coiisideration of any unusual items or disclosures In
the accounts, and seeklng explanations fvom the trustees
concerning any such matters. The proGedures undertaken do nol
provide all the evidence that would be required in an audit. and
cons8quenlly no oplnion is given as to whethor the accounts
presenl a 'lrue and fair. view and the report is limited lo those
mallers sel out in the stat8m8nl below.
Inde
8ndent examiners
slal8m6nt
In connection with my examination, no matter has come to my
attention..
(1) which gives me reasonable cause lo believe that in any
rnalerial respect the requiremenls..
lo keep accounting record8 in accordance with section
130 of the Charities Act.,
to prepare accounts which accord with the accounting
records and comply with the accounting requirements of
the Charilies Act
have not been met., or
(2) to which, in my opinion. altention should be drawn in order to
enable a proper understanding of the accounts to be reached.
Name..
Mrs Ying Hiiang
Relevant professlanal qualification or body: ACCA
Address.. clo LCVS 151 Dale Street, L2 2AH
Dated..

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2023
Notes Unrestricted Restrlcted
Funds
Funds
2023
2023
Total
Funds
2023
Total
Funds
2022
Income and endowments
Donations and legaci8S
Charitable activities
Other trading activilies
Investments
Other income
2a
2b
33,359
44,154
29,257
1,908
33,359
52,654
29.257
2,511
50,611
46,964
28,906
1,226
1,556
8,500
2d
2e
603
Total income
108,678
9,103
117,781
129.263
Expenditure on:
Raising funds
Charitable activities
1,962
145,161
1,962
147,273
1,605
110,658
2,112
Total expenditure
147,123
2.112
149,235
112,263
Net {expenditure)Ilncome
{38,4451
6,991
(31,454}
17,000
Transfer b&lween funds
Gain on investment assets
{Loss) on investment assets
1,200
1.962
(1,2001
1,601
{165}
3,563
(165) (4,998)
Net movement in funds
{35,2831
7,227
{28.0561
12,002
Total funds brought forward
9,10
647,057
31,315
678,372
666,370
Total funds carried forward 8-10
611,774
38.542
650,316 678,372
The rboles on pages 8 10 17 form part of these accounts.
I the above amounls relate to continuing activities of Ihe charity.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
BALANCE SHEET AS AT 31 ST DECEMBER 2023
Notes
318t December 2023
31st December 2022
Fixed assets
Tangible fixed assets
Investments
523,906
59,654
523,906
63,277
583,560
587,183
Current assets
Debtors
Cash at bank and in hand
1,160
91,199
67,996
67,996
92,359
Current Ilabllltles
Creditors.. amounts falling
du8 within one year
11,2401
(1,1701
Net current assets
66,756
91,189
Total assets less current
liabilities
650,316
678,372
Funds:
Unrestricted funds
Resti'icted funds Restated
611,774
38,542
647,057
31,315
8. 10
650,316
678,372
Approved by Trustees on .
J Steln, Trustee

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
1. Accounting Policies
Basis of accounting
The financial statements have been prepared in accordance with Ihe charity's Memorandum
and Articles of Association and "Accounting and Reporting by Charities with the Statement of
Recommended Praclice applicable to charities preparing their accounts in accordance with
the Fiiiancial Reporting Standard applicable in the UK and Republic of Ireland {FRS102)
ISORP 2019 leffoclive 151 January 2019) and Charities Act 2011.
The accounts are prepared in sterliiig, whi¢h is the functional currency of the charity.
Monetary amounts in these financial st4tements are rounded to the nearest £.
The Charity Fi(15 taken advantage of the prDvisions in the SORP for Charities applying FRS
102 Update Bulletin 1 not to prepare a Statoment of Cash Flows.
The accounts have been prepared under the hislorfcal cost convention with items recognised
at cosl or transaction value unless otherwise stated in the relevant notels) to these accounts.
Going concern
At the lime of approving the accounts, the trusteès have a reasonable expectation Ihat the
charity has adequate resenles to c.()nlinue in operational existence for the foreseeable future.
Together with the prayers and support from our regular givers, this provides the trustees the
assurance to continue lo adopl the going concern b8sis of accounting in preparing the
accounts.
Fund accounting
Unreslricled funds are the charity's Iree reserves available for the trustees to apply in
accordance wilh the charities objectives.
Designaled funds are funds set aside by the Iruslees for specific purposes.
Reslrlcted funds are subject to specific r&striotive conditions imposed by Ihe donor and,
where appropriate include Interest generated thereon.
Income recognition
All iricome ib reLognised once the charity has entitlp.mpnt la the income, there is sufficient
certainly of receipt and so il is probable that thè income will be received, and the amount of
income r8celvable can be measured reliably.
Donations and legacies comprise of donations and general granls which are recognised in
the accounts when received, with the exception of known legacies which are accounted for
when Iheir receipt is ceriain.
Income from Charitable activities is recognised on an accrual's basis except for grants
receivab5e. which are recognised on the dale on which their unconditional payment is
confirmed by tho donor.
Income from other trading activities relates to fundraising events, photocopying income and
rental income and is recognised when tho amount is certain.
Income from investmenl relat8s to income from investments recelved and is recognised when
tho amount is certain.
Other income relates lo insui'ance claim is recognised when the amount 15 certain.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN. ST AIDAN AND ST NATHANAEL WALTON.ON-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
Fixed Assets
Fixed Assets {fr8ehold property) are valued al falr value based on insurance valuatlon and
revlewed every five years by the trustees.
Investmonls
Investments are included al markel value. Realised and unrealis8d gains and losses are
reported in the Slalement of Financial Acllvilies.
Expenditure recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the
charitable company to that expenvlture, it is probable Ihat settlement will be required, and the
amount of the obligation can be measured reliably.
All expenditure is accounted for on an accrual basis. All expenses, induding support costs
and govp.rnance co.qls, are allocated or apportioned to the applicable expenditure headings in
the Statement of Financial Activities. Support and governance costs are applied lo
unreslrifyled funds unless specifically included in the restrictions, as specified by the donor.
F.xpenditure on charitable activities relates lo the operation of the charity cornprising of direct
charitable expendilure to meet the objectives of the charitable company. Support and
governance costs relate to the managemonl and operation ol the organlsatlon and also
compliance with conslitulional and statutory requirements in producing the annual r8POrt.
These are dealt with in the Statemeril of Firidncial Aclivilies when payment has beon
approved by the charitable company.
Cash and cash equivalents
Cash and cash eqLtivalents include cash in hand, deposits held at call with banks, olher
shorE-lemi liquid investments with original maturities of three months or less, and bank
overdrafts.
Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments,
and S8ction 12 '01her Financial Instruments Issues, of FRS 102 to all of its financial
instruments.
Financial instruments are recognised in the charity's balan¢e sheet when the charity
becomes party lo the contractual provisions of the instrument.
Financial assets and liabilities are offset, wlth the net amounts presented in the financial
statgments, when there is a legally enforceable righl to set off the recognised amounts and
there is an intention to sellle on a net basis or to r8ali8e the asset and setllo the liability
simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially
measured al transaction price including transaction costs and are subsequently carried al
amortised cost using the effective interest method unless the arrangement constitutes a
financing Iransaclioii, where Ihe transaction is measured at the preseiil value of the future
reoeipls discounled at a market rate of interest. Financlal assets classlfled as receivable
wilhin one year are not amoriised.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON.ON-THE-HILL LSVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
Baslc financial liabilities
Basic financial Ilabilities, Including credltors and bank loans are initially recognised at
transaction price unloss the arrangement conststules a financing transaction, whgre the debl
inslrumeiit is measured at the present valua of the future receipts discounted al a market rate
of interest. Financial liabililiBS classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using Ihe effectlve interest rate
method.
Derecognition of financial liabilities
Financial liabilities are derecngnised when the charity's conlraclual obligations expire or are
discharged or cancelled.
Critical accounting estimate5 and judgements
In the application of the charity's accounting policies. the trustees are required to make
judgements, estimates and assumptions about the carrying arnount of assets and liabilities
that are not readily apparent from other sources. The estimates and associatcd assumptions
are based on historical experience and olher factors that are considered to be relevant.
Actual results may differ from these estimates.
The estimal8s and underlying assumptlons are reviewed on an on-going basls. Revisions to
accounting estimates are recognised in the period in which the estimate is revised where the
revision affects only that period. or in the period of the revision and future perlods where the
revision affects both current and future periods.
All expenditure is accounted for on an accrual basis. All expenses, including support costs
and governarice Losts, are allocated or apportioned to thp. applicable expenditure headings in
the Statement of Financial Activities. Supporl and governance costs are applied to
unrestricted funds unless specrfically included in the restrictions. as sp8cified by the donor.
Cost of charitable activities relate to the operation of the charily comprlsing of dlrect
charilable expenditur8 to meet the objeclives of the charity. Support and governar)ce costs
relate to the management and operation of the organisation and also compliance with
constitutional and slalutory requiremenls in producing the annual report. These are dealt
with in the Slatgm8nl of Financial Activities when paym8nl has been approved by the charity
Taxation
Income and gains are exempt from taxalion as they arè received and applied for char￿table
purposes only. The charity beiiefits from various exemptions Irom taxalion afforded by lax
legislation and is not liable to corporation lax on income or gains falling within those
exemptions. The charity is not able to recover Value Added Tax. Expenditure is recorded in
the accounts inclusive of VAT.
10

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE.HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
2. Income and endowments from:
Unrestricted Restricted
Funds
Funds
2023
2023
Total
Funds
2023
Total
Funds
2022
Donation5 and legacies:
Donations
Tax efficient giving
Other planned giving
Collections
Gifl aid
8,153
3,307
17,326
4,573
8,153
3,307
17,326
4,573
24,331
3,464
16,824
4,117
1,875
33,359
33,359
50,611
Income from donations and legacies in 2022 related wholly to unrestricted funds.
b. Charitable actlvltl6s:
Aclivities income
Diocese of Liverpool
Hall hire
National Lottery Community Fund
Rector Mission fund
Weddings and funeral fees
525
525
4,000
11,562
4,500
11,490
20,577
10,575
4,000
11,562
15,774
4,500
11,490
20,577
3,691
16,924
44,154
8,500
52,654
46,964
Income from charitable actlvities in 2022 comprised £46.964, for unrestricted funds and £nil
related to restricted funds.
c. Other tradlng activities:
Fundraising income
Photocopying Income
Organist
Rental income
9,877
558
9,877
558
11,631
513
90
16,672
18,822
18,822
29.257
29,257
28,906
Income from other trading activities in 2022 related wholly lo unrestricted funds.
d. Investments:
Investment income
Bank interest
1,471
437
603
2,074
437
1,077
149
1,908
603
2,511
1,226
Income from investments in 2022 comprised £1,005 for unreslricled funds and £221 I'elaled to
restricted funds.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
Unrestri¢ted Restricted
Funds
Funds
2023
2023
Total
Funds
2023
Total
Funds
2022
Other income:
Insuran￿ claim
1,556
Income from c>lhei income in 2022 related wholly to unrestricted funds.
3.Expendlture on charitable activltles
Direct Support &
Charitable Governance
Expenditure
Costs
Total
2023
Total
2022
The provision of sacred space for
personal prayer pastoral work and
teaching of Christianity
80,451
66,822
147,273
110,658
a. Analysed as follows..
2023
2022
DireGt Ghant8ble expenditur8.'
Liverpool Diocese expenses
Vergpr exp8nses
Church supplies
Organ
Organist
Choirmaster
Confirmation
Messy church
Activilies costs
Music
Travel expenses
Wedding and funeral fees
66,408
1,765
2,963
258
1,548
4,125
43,485
1,465
2,112
1,082
6,120
314
2,128
2,671
110
2,869
132
127
16
240
184
80,451
59,671
12

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
2023
2022
Support & g0Veman￿ cos(s.'
Staff salary costs
Donations and gifts
Olfice costs
Building costs
Website Gosts
Spollfy
Insurance
Vicar and clergy expenses
Bank charges
Sundry
ALLountancy fees
10,288
1,478
4,799
38.616
137
160
7,585
2,088
191
250
1,230
10,711
6,216
3,700
20,080
137
7,179
1,079
198
517
1,170
66,822
50,987
Total expenditur9 on charitable
actlvltles
147,273
110,658
£2,112 (2022.. £nill of the above expenditure relates to restricted funding.
b. Staff Costs
2023
2022
Gross wages and salaries
10,288
10,711
c. Particulars of employees..
Average number of employees during the year, calculated on the basis of fu114ime
equivalents, was as follows..
2023
2022
Charitable activities
No employee received emoluments of more than £60,000 during the yèar.
The Trustees are not remuneraled for their services and are not included in the above
number of employe8S.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
4. Tangible fixed asset5
Freehold
Property
Total
Cost or revaluation
Balance as at 1st January 2023
Revaluation
Additions during the year
523,906
523,906
Balance at 3q$t Decembor 2023
523,906
523,906
Accumulated depreciation
Balance as al 1 St January 2023
Charge for th8 year
Balance at 31st December 2023
Net Book Value at 31
December 2023
st
523,906
523,906
Net Book Value al 31st
December 2022
523,906
523.906
The land was dona18d to the church and garages were built or) Ihe land. The trustees
consider the valuation have not changed during the year.
5. Fixed asset investments
2023
2022
Market value al 1s1 January 2023
Incorne
Withdrawals
Net realised gain on investment
assets
Net realised (loss) on investment
assets
63,277
2,074
{9,095)
3,563
82,211
1,03q
114,9671
1165)
{4,998)
Market valuo at 31° December
2023
59,654
63,277
6. Debtors
2023
2022
Prepayments
1,q60
14-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
7. Creditors: amounts falling due within one year
2023
2022
Accruals
1,240
1,170
8. Analysis of net assets between funds
2023
Tangible Fixed Investments Net Current
Assets
Assets
Total
Unrestricted Funds
General Fund
523,906
27,499
60,369
611,774
Restricted Funds
Diocese of Liverpool
J Shaw bequest
National Lottery
Community Fund
Taylor bequest
Woodland Misslon Fund
1,888
1,888
13.321
13,321
4,500
4,500
15,849
15,849
2,984
32,155
6,387
38,542
Totals
523,906
56,054
66,756
650.316
2022
Tangible Fixed Investments Net Current
Assets
Assets
Total
Unrestrictpd Funds
General Fund
523,906
31,962
91,189
647,057
Restricted Funds
J Shaw bequest
Taylor bequest
Woodland Mlssion Fund
14,083
14,505
2,727
14,083
14,Jf05
2,727
31,315
31,315
Totals
523,906
63,277
91.189
678,372
15

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN. ST AIDAN AND ST NATHANAEL WALTONQN-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
9. Unrestrictad Funds
Movements in the year
Expenditur
Transfer
between
fuiids
2023
Re5eTves at
Beglnning of
year
Income
Revaluatlon
and
Inv8Stment
Iloss&sl
Rèserves
al End of
year
General fund
647,057 108,678
(147,123)
1,200
1,962 611,774
Movements in Ihe year
Expenditure
Transfei
between
funds
2022
Reserves at
Beginning of
year
Incom
Revaluatlon
and
Invgslment
Galns
Rescrves
al End of
year
General fund
619,965 129,042
{112,263)
13,000
(2,687) 647,057
General Fund is used to finance the charity's goneral activities and core costs as outlined in
Ihe Trustees, Report.
Transfer between funds is the withdrawal of investment funds.
10. Restrlcted Funds
Movements In the Year
Incomè Expenditur6
Transfèr
between
funds
2023
Rgsorve5 al
Beglnning of
yaar
Revaluation
and
Investment
Gainsll105S8s1
Resorves
at End of
year
Diocese of
Liverpool
J Shaw bequest
National Lottery
Community
Fund
Taylor bequest
fund
Woodland
Mission fvnd
4,000
603
(2,112}
1,888
13,321
14,083
(1,2001
(165)
4,500
4,500
14,505
1.344
15,849
2,727
257
2,984
31,315
9,103
12,1121
(1,200)
1,436
38,542
16

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN. ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
Movements In the Year
Incom8 Expenditure
Transfer
between
funds
2022
Res•Trve5 at
Bèglnnlng of
year
Revaluatlon
R96eNg$
and at End of
Inv8$tmenl
yèar
Gainslllossesl
J Shaw bequest
Taylor bequest
fund
Woodland
Mission fund
26,862
16,452
221
(13,0001
14,083
14,505
(1,947)
3,091
(364)
2,727
46.405
221
113,000)
12,311)
31,315
These are monies given to the Charity to be spent at the discretion of the Board of Trustees
for specific charilable purposes, as follows:
Dlocese of Llverpool- contribution towards Messy Church.
J Shaw bequest- for upkeep of the organ at st. Mary's Church.
National Lottery Community Fund- Conlribulion towards community thrive project.
Taylor bequest fund contribution towards the refurbishment of St Marys church
Taylor bequest fund at st. Aidan's unr6slricted for use al the dlscretion of DCC.
Woodlands Mission Fund- contribution toward publicily.
11.Guarantegs and Other Flnancial Commitments
There a￿ no tinancial commitments under nOn-¢an￿lIable operating leases {2022'. £Nil).
12. Related Parties
There were no material related party transactions during Ihe year which require disclosure
{2022.' none).
17