#
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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|
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|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|
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|||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|
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||||
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|grants irom previous years)||
|---|---|---|---|---|---|
|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|
##
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|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|||||||
##
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|||||
|---|---|---|---|
|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|||
##
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|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|
##
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|||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|