2023-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Nicholas Warwick

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Annual Report ofthe Parochial Church Council	3-5
Independent Examiner's Report
Statement ofFinancial Activities
Statement ofFinancial Position
Notes to the Financial Statements	9- 17

his report was ap	his report was ap	proved (or	as otherwise stated) are:-
Incumbent:			Revd Linda Duckers	Chair
Associate	Minister		Revd Anita Mor an	From 6~A ril	2023
Curates:			Revd Anita Morgan Revd Eira Hale	To 5~ April 2023 To31"Janua 2024
Wardens:			Mrs Sarah Bazin	From APCM 2021 (Vice chair)
			Mr Jonathan Forbes	From APCM 2022
Secretary:			Mr James Bazin	Re-appointed	at APCM 2023,
				until Se tember 2023
Representatives		on the	Mr Chris Foy	Re-appointed	at APCM 2023
Deane	S nod		Mr Antoine Mitchell	Re-a ointed	at APCM 2023
Elected Members			Mr Roy Emmerson	Re-appointed	at APCM 2023
			Mrs Anne Heaney	Re-appointed	at APCM 2023
			Mrs Katie Jelfs	Re-appointed	at APCM 2023
			Mr Robert Perkins	Re-appointed	at APCM 2023
			Mrs Fiona Trewick	Re-appointed	at APCM 2023
				then Ex-officio from September
				2023
			Mrs Jane Rogers	Treasurer
				Re-appointed	at APCM 2023

		Unrestricted	Designated	Restricted	Total	Funds
		Funds	Funds	Funds	2023	2022
	Note
INCOME AND ENDOWMENTS
FROM:
Donations and Legacies	4(a)	58,971	2,876	49,114	110,961	71,190
Charitable activities	4(b)	0	0	71,894	71,894	46,958
Other trading activities	4(c)	6,822		0	6,822	4,897
Investments	4(d)	3,493		1,956	5,449	2,243
TOTAL INCOMING RESOURCES		69,286	2,876	122,964	195,126	125,288
EXPENDITURE ON:
Charitable activities	S(a)	68,341	9,222	226,846	304,409	83,266
TOTAL RESOURCES EXPENDED		68,341	9,222	226,846	304,409	83,266
NET INCOMING/(OUTGOING)		945	-6,346	-103,882	-109,283	42,022
RESOURCES BEFORETRANSFERS
Transfers between funds		-5,945	5,945
NET INCOMING/(OUTGOING)		-5,000	-401	-103,882	-109,283	42,022
RESOURCES BEFOREOTHER
RECOGNISED GAINS
Unrealised (loss) gain on revaluation of				6,154	6,154	-8,728
investments
Net movement in funds		-5,000	-401	-97,727	-103,129	33,294
BALANCES BROUGHT FORWARD AT		47,000	138,663	193,004	378,667	345,373
1stJANUARY 2023
BALANCES CARRIED FORWARD AT		42,000	138,262	95,276	275,538	378,667
31stDECEMBER2023

	For the year	ended 31"December	ended 31"December
		Total Funds
		2023	2022
	Note
FIXEDASSETS
Tangible Fixed Assets			57
Investments		71,568	65,414
		71,568	65,471
CURRENT ASSETS
Debtors		2,804	2,963
Short term deposits		100,242	212,907
Cash at bank and in hand		107,787	104,131
		210,833	320,000
LIABILITIES
Amounts falling due within	10	6,863	6,804
one year
NET CURRENT ASSETS		203,970	313,196
NET ASSETS		275,538	378,667
FUNDS
Unrestricted funds	14	42,000	47,000
Designated funds	13	138,262	138,663
Restricted funds	12	95,276	193,004
		275,538	378,667

			For the year ended 3	1stDecember 2023
					2023		2022
				Unrestricted	Restricted	Total	Total
4.INCOME AND ENDOWMENTS FROM:
4(a) Donations and Legacies
Planned giving				37,620	0	37,620	38,256
Other donations/fundraising				7,866	0	7,866	5,309
Donations towards new		west doors		1,300	0	1,300	0
Woodloes Community		Cafe donations		1,845	0	1,845	1,732
Myton Green donation				180	0	180	0
Toddler Group income				461	0	461	696
Messy church donations				76	0	76	0
Income tax recovered	—planned		giving	9,038	0	9,038	8,943
Collections at services				386	0	386	504
Legacies				0	0	0	5,000
LPWS claims				1,576	33,614	35,190	0
Grants				1,500	15,500	17,000	10,750
				61,847	49,114	110,961	71,190
4(b) Charitable Activities
Grant &om King Henry		VIIIEndowed Trust			51,894	51,894	46,958
Income &om Henry Outreach Pool					20,000	20,000	0
				0	71,894	71,894	46,958
4(c) Other trading activities
PCC Wedding fees				255	0	255	1,311
Funeral fees				1,483	0	1,483	606
Church bookings				5,084	0	5,084	2,980
				6,822		6,822	4,897
4(d) Investments
Investment income				3,493	1,956	5,449	2,243
TOTAL INCOMING	RESOURCES			72,162	122,964	195,126	125,288

						2023		2022
					Unrestricted	Restricted	Total	Total
5.EXPENDITURE	ON:
5(a) Charitable Activities
Contribution to Diocese Support			Fund		14,050	0	14,050	13,499
Contribution toDiocesan		Training		Share	0	16,063	16,063	14,681
Clergy expenses					1,431	0	1,431	1,125
Church maintenance	&running		costs		28,642	1,532	30,174	17,028
West doors					0	0	0	1,800
Northside stonework					0	203,706	203,706	0
Independent examination		costs			500	0	500	1,626
Music costs					3,574	0	3,574	3,445
Worship expenses					1,385	0	1,385	1,072
Office costs					10,435	1,212	11,647	8,986
Insurance					8,415	0	8,415	7,027
Children's Ministry					688		688	666
Messy Church costs					0	1,842	1,842	587
Youth Giveaway					0	408	408	504
Myton Green Outreach					0	54	54	801
Pause in the Park					0	470	470	1,226
Ministry costs					1,751	0	1,751	560
Depreciation					0	57	57	57
Charitable Donations from St			Nicholas
Barnabas Fund					1,250	0	1,250	500
Myton Hospice					0	1,000	1,000	1,000
Home for Good					750	0	750	500
W&L Foodbank					0	500	500	1,000
Hillcrest					500	0	500	0
Water Aid					500	0	500	0
Thrive Youth Ministries					500	0	500	0
NSPKU					300	0	300	300
Samaritans					300	0	300	0
Toilet Twinning					300	0	300	0
National Churches Trust					250	0	250	250
353 Trust					100	0	100	0
Breast Charity Fund	ofKijabe				0	0	0	1,000
Scripture Union					0	0	0	500
Bible Society					0	0	0	500
StLuke's Healthcare	for the Clergy				0	0	0	500
Feed the Hungry Ukraine					0	0	0	335
Moldova Ukraine Appeal					0	0	0	335
Riding for the Disabled					0	0	0	100

	For the year en	ded 31	stDecember 2	023
				2023		2022
			Unrestricted	Restricted	Total	Total
Charitable Donations	from Woodloes Community	Cafe
SANDS			275		275	0
Safeline UK			260		260	0
World Land Trust			240		240	0
Parkinsons UK			187		187	0
Scotty's Little Soldiers			185		185	0
Warks k, Solihull Blood Bikes			180		180	0
Make a Smile			140		140	0
Walk the Walk			136		136	0
Dogs for Good			120		120	0
Veterans Contact Point			120		120	0
Fisher House UK			100		100	0
DEC Ukraine			0		0	290
NOWZAD			0		0	250
Zarach			0		0	240
Birmingham Children's	Hospital		0		0	170
Young Lives vs Cancer			0		0	150
Children's Society			0		0	135
Papyrus			0		0	126
NOTDEC UK			0		0	120
Myton Hospice			0		0	105
Lily Mae Foundation			0		0	96
Action for Children			0		0	75
Total Charitable Activities			77,563	226,846	304,409	83,266

5(b) Use of King Henry VIII grants	5(b) Use of King Henry VIII grants	in 2023 (includes unspent	in 2023 (includes unspent
Contribution to Diocesan Training		Share		16,063
CV34 Charitable donations				1,500
Messy Church				1,842
Youth Giveaway				408
Myton Green Outreach				54
Pause in the Park				470
Northside Stonework (less VAT LPWS claim)				123,230
For community use ofbuilding	(energy, cleaning,		administration)	2,744
				146,312
5(c) Use of King Henry VIII Outreach Pool Funding
Northside Stonework				20,862

7.ANALYSIS OF NE	T ASSETSBYFUND
					Total	Total
		Unrestricted	Designated	Restricted	Funds	Funds
		Funds	Funds	Funds	2023	2022
Fixed assets			0	71,568	71,568	65,471
Current assets		48,863	138,262	23,708	210,833	320,000
Current liabilities		-6,863	0	0	-6,863	-6,804
Fund balance		42,000	138,262	95,276	275,538	378,667
Restricted funds made	up of:
Lees Bequest K95,276 (X23,708ofthis is accumulated		interest)
Unspent Henry funding	KO
Unspent Henry Project	Pool KO
Fixed assets KO
Designated funds made up of:
Mission reserves f20,000
Building reserves K87,262
West doors using legacies and donations f31,000
8.FIXEDASSETS
COST		Fixtures	and Fittings			Total
At 31.12.22 and 31.12.23			6,106			6,106
DEPRECIATION
At 31.12.22			6,049			6,049
Charge for year
At 31.12.23			6,106			6,106
NET BOOKVALUE
At 31.12.22			57			57
At 31.12.23


9.DEBTORS		2023	2022
Other debtors		2,804	2,963
		2,804	2,963
10.CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR		2023	2022
Other creditors		6,863	6,804
		6,863	6,804
11.INVESTMENTS		2023	2022
Market Value at	1 Jan 2023	65,414	74,142
Net Gain/(Loss)	on revaluation	6,154	-8,728
Market Value at	31Dec 2023	71,568	65,414

				King
				Henry
			King	VIH
			Henry	Project	Lees	Fixed	Stonework
		Total	VIIITrust	Pool	Bequest	Assets	grants
Opening	Balances 31/12/22	193,004	94,418	862	87,166	57	10,500
Incoming	Resources	89,350	51,894	20,000	1,956		15,500
Resources	Expended	-193/32	-146,312	-20,862	0	-57	-26,000
Investment	Gain	6,154	0	0	6,154		0
Closing Balances 31/12/23		95/76			95,276

esignated funds have been set aside out ofunrestric	ted funds by the trustees for o
Opening Balances 31/12/22	138,663
Incoming Resources	2,876
Resources Expended	-9,222
Transfer between funds	5,945
Closing Balances 31/12/23	138,262

Opening Balances 31/12/22	4'7,000
Incoming Resources	69/86
Resources Expended	-68,341
Transfer between funds	-5,945
Closing Balances 31/12/23	42,000

		2023	2022
Stipend, pension, NI and housing costs		46,817	47,532	Paid by King Henry VIII Trust
Contribution to the Diocese (Training	Fund)	16,063	14,108	Paid by StNicholas
Contribution to the Diocese (Support	Fund and Deanery costs)	14,050	14,072	Paid by StNicholas
Total received by the Diocese		76,930	75,712

				2023	2022
Fees payable	to Independent	Examiner for:
Independent	examination of	the financial	statements	500	1,626
				500	1,626

			2023	2022
Not later than		1year	709	946
Later than	1year and not later than 5years		0	709
			709	1,655