**Charity Registration No. 1131871**
# **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOCKLEY**
## **TRUSTEES’ REPORT AND ACCOUNTS**
## **FOR THE YEAR ENDED**
**31 DECEMBER 2023**
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF**
## **HOCKLEY**
## **CONTENTS**
||**Page**|
|---|---|
|**Charity Informaton**|**1**|
|**Trustees’ report**|**2-3**|
|**Independent examiner’s report**|**4-5**|
|**Balance Sheet**|**6**|
|**Statement of Financial Actvites**|**7**|
|**Notes to the accounts**|**8-11**|
## **THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY**
## **CHARITY INFORMAITON**
|**Current Trustees:**|Revd. S. Stroebel|
|---|---|
||Debra Blakeley|
||Margaret Hughes|
||Jane Imray|
||David Marlow|
||Elizabeth Marlow|
||Steve Mitchell|
||Kurt Stroebel|
||Jane Tutlebee|
|**Address:**|St Peter & Paul Church|
||Church Road|
||Hockley|
||Essex|
||SS5 6AE|
|**Bankers:**|Barclays Bank|
||PO Box 13|
||Rayleigh|
||Essex|
||SS6 7AJ|
|**Independent Examiner:**|Philip Brown F.C.A.|
||1422 London Road|
||Leigh on Sea|
||Essex|
||SS9 2UL|
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## **THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY**
## **TRUSTEES REPORT**
## **FOR THE YEAR ENDED 31 DECEMBER 2023**
The trustees have pleasure in submitting their report and the accounts for the year ended 31 December 2023.
## **Trustees’ responsibilities in relation to the financial statements.**
The trustees are responsible for preparing the Trustees Annual Report and the 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 & Wales requires the trustees to prepare financial statements for each financial 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 preparing these financial statements, the trustees are required to:-
- a) Select suitable accounting policies and apply them consistently.
- b) Observe the methods and principles in the relevant legislation.
- c) Make judgments and estimates that are reasonable and prudent.
- d) State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in their financial statements.
- e) Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements have been prepared in accordance with the guidelines made available by the Charity Commission. They are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
- There is no relevant information of which the charity’s independent examiner is unaware; and
- The trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the independent examiner is aware of that information.
## **Trustees and advisers**
Details of the charity’s trustees and advisers are given on page 1.
## - 2 - **THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY**
## **TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2023**
## **Structure, Governance and Management**
The charity’s governing document is the Parochial Church Council Powers Measure (1956) as amended and Church Representation Rules.
The day to day running and management of the church is undertaken by the trustees.
## **Potential Risks**
The Church undertakes regular Risk Assessment Reviews covering – health and safety, operational, property, strategic, legal, financial, insurance and employment risks. This is reviewed annually.
The Church is subject to regular Fire and Health & Safety checks. Full third party insurance and specific insurance is taken out to cover all church activities and property.
## **Objectives and Activities**
The charity’s main activity is to promote within the ecclesiastical parish the whole mission of the Church.
As trustees, we believe that we have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.
## **Financial Review**
In pursuit of these activities, the charity this year expended £28739 against an income for the period of £28451. Movement in the value of investments resulted in fund balances at the year end of £91318 of which £59575 represents restricted funds.
## **Status**
The charity is registered with The Charity Commission under the number 1131871.
Approved by the Trustees and signed on their behalf by:
David Marlow
Dated: 18[th] March 2024
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## **THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOCKLEY.**
I report on the financial statements of the Parochial Church Council of the Ecclesiastical Parish of Hockley for the year ended 31 December 2023 as set out on pages 6 to 11.
This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of financial statements. The charity’s trustees consider that an audit is not required for this year under Section 144(2) of the Charities Act 2011 (‘the 2011 Act’) and that an independent examination is needed.
It is my responsibility to:
- Examine the financial statements under section 145 of the 2011 Act;
- To follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- To state whether particular matters have come to my attention.
## **Basis of Independent Examiner’s Statement**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by a charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
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## **THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOCKLEY.**
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
- A) Which gives me reasonable cause to believe that in any material respect the requirements:
- To keep accounting records in accordance with section 130 of the 2011 Act; and
- To prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act;
have not been met; or
- B) To which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
## **Independent Examiner**
P Brown F.C.A. 1422 London Road Leigh on Sea Essex SS9 2UL
Dated: 18[th] March 2024
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## **THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY**
## **BALANCE SHEET AS AT 31 DECEMBER 2023**
|**Note**
**Investments**
Restricted Funds
Unrestricted Funds
4
**Current Assets**
Gif Aid recoverable
Bank current account
Creditors
**Net Current Assets**
**Total Net Assets**
**Funds**
6|**2023**
**£**
59575
20792
80367
4083
11814
15897
(4946)
10951
91318
91318|**2022**
**£**
52924
20146|**2022**
**£**
52924
20146|
|---|---|---|---|
|||73070||
|||3774
9815
13589
(1704)|3774
9815|
|||11885||
|||84955||
|||84955||
These financial statements were approved by the Trustees and signed on their behalf by:
D Marlow Treasurer
Dated: 18[th] March 2024
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## **THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
|**Note**
**Incoming resources**
Voluntary income
Other income
Deposit interest received
Income from church actvites
Britsh Gas goodwill gesture
Diocesan heatng grant
**Total incoming resources**
2
2
**Resources expended**
Governance costs - Church actvites
Net (defcit) for the year
3
**Movement in restricted**
**investments:-**
Investment Income
Surplus/(defcit) on revaluaton
Net overall movement
Surplus/defcit
5
Fund balances brought forward
**Fund balances carried forward**|**2023**
**£**
21405
576
646
5064
-
760
--------
28451
(28739)
( 288)
1600
5051
6363
84955
91318|**2022**
**£**
24351
376
175
3577
525
-
--------
29004
(30705)|**2022**
**£**
24351
376
175
3577
525
-
--------
29004
(30705)|**2022**
**£**
24351
376
175
3577
525
-
--------
29004
(30705)|
|---|---|---|---|---|
||||( 1701)
1546
( 6926)||
||||
( 7081)
92036
84955||
|||||84955|
The charity has no other recognised gains or losses for the above two financial years other than those accounted for in the SoFA.
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## **THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **Accounting Policies**
## **1.1 Accounting convention**
The Financial Statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015
The financial statements have been prepared under the historical costs convention except for the valuation of investment assets which are show at market value.
The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
## **1.2 Investment**
Fixed asset investments are stated at market value.
## **1.3 Incoming Resources**
All income is shown gross and is accounted for when receivable.
## **1.4 Resources Expended**
Expenditure is included on an accruals basis
## **1.5 Funds accounting**
## **Unrestricted**
The Church’s General Fund consists of funds which the Church may use for its purposes at its discretion.
The Church may designate funds for a special purpose, although there is no legal force to the designations.
## **Restricted**
The Restricted Fund consists of a CBP Investment Fund held by Chelmsford Diocesan Board of Finance for the purpose of covering future chancel repair liabilities.
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## **THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023**
|**2. Incoming resources**
**a) Voluntary income:-**
Planned giving
Loose collectons
Donatons and legacies
Gif Aid recoverable
**b) Income from investments**
Interest received
Dividends received on investments in restricted
funds
**c) Income from Church Actvites**
Parochial fees from weddings and funerals
Less
Assistant Clergy fees (incl. general services)
Diocesan fees|**2023**
**£**
13185
3137
1000
4083
21405
646
1600
2246
7783
(1508)
(1211)
_____
5064|**2022**
**£**
12770
2325
5482
3774
24351|**2022**
**£**
12770
2325
5482
3774
24351|
|---|---|---|---|
|||_|175
1546|
||||1721|
||||5243
(810)
(856)
____
3577|
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## **THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023**
||**2023**|**2022**|
|---|---|---|
||**£**|**£**|
|**3. Church Actvites**|||
|Hockley Living Adverts|75|325|
|Churchyard|-|2098|
|Light & Heat|2438|1700|
|Insurance|1790|1748|
|General church repairs|1457|710|
|Upkeep of services|592|625|
|Organist|3200|3000|
|Cost of new wall|-|4210|
|Parish share|15000|15000|
|Miscellaneous costs|599|961|
|Net Jubilee costs|-|328|
|Quinquennial repairs (inital)|3588|-|
||______|_____|
||28739|30705|
||======|======|
|**4. Investments:-**|||
|**Restricted Funds**|**CBF Investment**||
||£||
|At 1 January 2023|52924||
|Investment Income|1600||
|Surplus on revaluaton|5051||
||_____||
|At 31 December 2023|59575||
||=====||
|**Unrestricted Funds**|**CCLA Investment**||
||**£**||
|At 1 January 2023|20146||
|Interest Received|646||
||_____||
|At 31stDecember 2023|20792||
||======||
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## **THE PAROCHIAL CHURCH COUNCIL OF ECCLESIASTICAL PARISH OF HOCKLEY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023**
||**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|
||**Fund**|**Fund**||
||**£**|**£**|**£**|
|**5. Movement on funds**||||
|Opening balances at 1 January|32031|52924|84955|
|2023||||
||( 288)|6651|6363|
|(Defcit)/surplus for the year|______|______|______|
||31743|59575|91318|
|Balances at 31 December 2023|======|======|======|
## **6. Control**
The PCC was jointly controlled by the trustees in the current and the preceding year.
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