Deddin Trustees, Annual Re on Paroehial Church Council ort for the vear ended 31 December 20 The Parocbial Church Council (PCC) presents its Annual Report for the year ended 31 December 2023. Referenee and adD]ini5tr2tion information The PCC is a registered charity. no. 1132087. The trustees. members of the PCC. at the Ilme of this report were as follow5: Stan Nelso lain Gkll¢spie, Caroline Condon Angela Faint Sarab Banes Olivia Fenion Meriel Flux Jane Green Heather N&8on Churchwarden Treasurer Deanery Syn(MJ tkanery S[ Ex officio Ex oificio Elected Elected Elected Elected Elected Elected Elected Sue Mccouaig PCC Secretary Appointed Independent Examiner: Mr D Anderson, WicklewooQ Chapmans Lane. DeddingtotL BANBURY. OXI 5 osu. Structsre, governance And management The PCC is a corporate body. Its governing documents are the Parochial Church Council (Powers) Measure 1956 &s amende(L and the Church Representation Rules. PCC members are recruited in a number of ways. The clergy. cburchwardens and their deputies are members by vtrtue of their office. The Deanery Synod representatiNes are elected by the annual parochial church meeting (APCMI and hold office for three years. Other members are elected for a three year tern or ¢o-OPte(L so arranged that about one third of the council will retire each year. The PCC makes all decisions corpordtely except that the Stsnding Committee has delegated powers to make decisions between PCC meetings. subject to keeping the PCC InfOnn as fully as necessary. The PCC is responsible for all the parish finance. its rn8nagement and control, including the appointn]ent of a treasurer. Members of the PCC are responsible for keeping accounting records, which disclose with reasonable accuracy the financial position of the PCC and which enable them to ensuR that the financial statements comply with the Charities Act 1993 and the Statement of Recommended Practice "Accounting by Charities" {FRSSE). The PCC is also responsible for safeguarding the chariry's assets and hence taking reasonable Steps for the prevenlKon and detection of fraud and other irregularities. The PCC is also required to ensure that the fmancial statements are examined by an independent examiner or auditor prior to presentation to the APCM. In preparing the financial statements, the PCC is required to: Select suitable accounting policies and apply them consistently Make judgements and estimates that are reasonable and prudent
Follow applicable accounting standards and statemetits of recommended practice, subject, subject to any llterial departures disclosed and explained in the financial statements Prepare the fmancial ststements on the going concern basis unless it is inappTopriate to presume that the clwity will remain in operation. There are the following committees and sub-committees, which meet as and when required to reduce the arnount of detail that the PCC needs to discuss. thereby giving more time for spiritual matters. Standing Committee: to take care of council bSinesS between PCC meetings and to make decisions referred to it by the PCC Hempton: to oversee church life at St John's the Evangelist at Hempton. Charltable Glvlng: to review our system of charitable giving and propose changes if necessary. To select the recipients of our charitsble giving. Fabrfie: to oversee major repairs in the chutch and churchyard. To liaise with the architect, and to rec¢iv¢ reports from the Health & Safety officer. Kitchen: to arrnnge catering after services and for special events. Safeguarding: lo ensure that the church acts in accordance with the safeguarding policies recommended by the dioc¢s¢ to protect children and vulnerable adults. The parish is part of the Deddington Deanery in the Diocese of Oxford. During the year the PCC has reviewed all the risks faced by the charity and has put in place measures aimed at managing those risks. The risk assessment was compiled using a pro-forn]a provided by the E¢¢lesiastical Insurance Office. ObJe¢tive8 Ydnd Artlvities The objectives of the PCC are defmed by the Parochial Church Council (Powers) Measure 1956 as .10 co- operate with the minister in promoting in the parish the wIle mission of the Churcty pastoral. evangelistic. social and ecumeni¢ai" The main activities of the PCC are: The provision of regular public worship that is opeo to all. The provision of sacred space for personal prayer and contemplation. The provision of pastoral worL including visiting of the sicL the elderly and the bereaved. The teaching of the Christian faith through sernions. home groups, children's meetings and links with the local schools. The promotion of the Cl)ristian faith through various events for the elderly. for parents and toddlers and other special needs group5 organised by the PCC. The support of other charities involved in Christian outreach and development. As a church family and as individuals. Deddington Parish church aims to offer worship of the living God. Through worship. prayer and bible study we seek to know God better and to be conforn)ed to His purposes for our lives. tn partnership with other Christians we wish to make His love known within the local community.
Achievements and Performance St Peter & St Paul, Deddington & St John the Evangelist. Hempton, with Clifton. Deddington with Hempton churches bave been in an interregnum since the beginning of July. The joint Deddington and Barford PCCS did an extremely good job in putting together the parksh profile for the process of appointing a new vicar. A Dew incumbent is expected to b¢ installed in the spring of 2024. However during this period we hai'e been able to conduct all our services except one at Hempton, including all our nom]al Harvest, Cbristtnas, Easter services and a Lent course. This has only been achieved by efforts of members of the PCC. our retired clergy and supporE from retired and senior clergy from the Oxford diocese. The dire¢tor of music and the choir Support our worship with their excellent singing. The bellringers flourish and continued to ring weekly. Thanks to the efforts of many of the Congregatio the PCC secretary, the Sacristans, the retired clergy and the churchwardens all the nornial functions of the church were carrfted out. These included production of the weekly news sheet. church cleaning and maintenance of the churchyard. and supporting the lo¢al primary school, ChuTch attendance Iw been stable with several new membeTS to tbe Congregatio with Sunday communion averaging 48 and 8 online, Wednesday commwiion averaging 14. All of the major festival services were well attended and Bishop Gavin presided over a packed Remembrance Sunday service. There were three weddings, nine funerals. seven children baptised and two of the congregation were confinned during the past twelve months. The school were able to hold their tradttional Leavers and Christmas services as well as frequent tern) time visits. The school also produced their Nativity and Musical perfomances. The Sunday 3 O'clock Family Service continues. As has the weekly Squiggles and Wiggles sessions for toddlers. The twice weekly food panty. distributing food from a village shop that would othenvise be ihrown away, has continued throughout the year. The church continued as a collection point for the Banbury food bank. We were able to provide the Christmas lunch delivery again this year with 14 recipients. The church organ has been fully renovated at a cost of almost £50k. The church porch roof has been fully Teplaced at a cost of £26k. The projector Screen was repaired at a cost of £4.8k. We also needed to replace the gardener's shed for housing the mowing equipment at a cost of £3.5k. The proposed new lighting and rewiring has not taken place due to work commilrnents of the lighting expert who is still rebuilding his business after Covi(( and our project is being done on a heavily discounted basis. However new LED bulbs have been fitte4L which h&8 significantly improved the situation. A new Quinquennial report has been re¢eived but has yet to be actioned as we continue to make progress on the previous repor¢ much of which is in the new reporL Our r¢straint in conducting work is one of financial resources. Plans are in place with Alcock5 to WOTk on pointing and some stone replacement, and improving the drainage 5y5tem on tbe South West corner. Two otheT Projects needing attention are th¢ pathway at the West gate entrance and the collapsed wall sections in the bottorn churchyard. We continue to have a wide range of concerts and the monthly Farmers, Market in church which provide a valuable source of income.
Financial Revlew Ln 2023 some of our iDcome streams. loose plate collections, pledges. hiring out the church for events, were the same as 2022. However, sunthy donations were down by S/0, one-off Gift Aided donations by over 750/0 and the fees for weddings and funerals by 4(P/o. On the other han stewardship donations were up by 10 %. At the end of the year the General Fund was £25.645. about £7,000 less than the end of 2022. which is a more norn]al figure. The decrease is because in 2023 we paid £4,824 to repair the projection screen winch. £970 to remove a small amount of vegetation from the tower and there was a contribution towards the restoration of the organ. We received a legacy of £18.¢JJ) which was placed in the General Fund but designated for the organ restoration. At the end of September. th¢ chuwh's contract for the ele¢tricity supply from Southern Electric came to an end. After much r¢sw¢h a new contract was negotiaied with EON N¢xL but, although it was the best offer, the price we are now paying has more than doubled. The Friends of Deddington Church did a splcndid amount of fimd raising and paid £26.559 for the rebuilding of the south p0h roof. for which we are very grdteful. The Organ Restoration was Carried out during the year at a cost ofjust over £48.000. This was raised by appeal and special events to which the congregation and the village responded Magnificently. There was also the legacy mentioned above. Stanley Nelson Churchwarden 12 May 2024
Wicklewood Chapmans lane Deddington Oxford OM5 OSU Thls is my teport to the Patochial Chutch Counol (PCQ of DeddIngto Hempton & C]ifton on the annual report for the yrar ended 31° December 2023 ReJpediw repnnbth*es of and examiffer The PCC membets are responsible for the preparation of the annual ieports. The members consider that an audit is not required for this year under Section 144 of the Charities Act 2011 CThe Chatities Acf) and that an independent examin2ti0n is needed. It is my responsibility to: l. examine the accounts undu s145 01 the Charities Ac¢ 2. follow the procedures laid down in the general Directions given by the Chlty Commission (under s145(5)(b) of the Chatities ACL and state whether patticu]ar m2tters have come to my attention. Basis of independent exdpmners stalemeffl My examination was carried out in accordance with the general Directions given by the Chatity Commission. An examination indudes a review of the accounting records kept by the chlty 2nd a compatison of the accounts presented viith those records. It also indudes consideration of any unusual items or disdosures in the accounts and seelang explanations from the members concerning any such matters. The procedures undett2ken do not provide all the evidence that would be required in an audit and consequendy no opinion is given as to whether the accounts present "a true and fai£, view and the report is limited to those matters set out in the statement bdow. Indefvndent exa7mners stalernent In connection with my exami0 no material mattets have come to my attention wbith give me cause to be]ieve in any matetial respect accounting records were not kept in accordance with s130 of the chltieS Act or the Accounts do not accord WAth the accounting records. I have come across no other matters irj connection with the exalljination to which attention should be drawn to enable a proper undustanding of the accounts to be reached. Examinerfs signature Esaminds name: D. And50 Date 30. Apiil 2024
Parochial Church Council of Deddington, Hempton & Clifton Statement of Financial Activities
For the year ended 31 December, 2023
| Note Incoming Resources Incoming resources from Donors 2 (a) Other voluntary Incoming Resources 2 (b) Incoming resources from operating activities -to further the Council's objects 2(c) -to generate funds 2(d) Income from investment 2(e) Other incoming resources 2(f) TOTAL INCOMING RESOURCES RESOURCES EXPENDED Grants 3(a) Activities directly relating to the work of the church 3(b) Church management and administration 3(c) TOTAL RESOURCES EXPENDED NET INCOMING/OUTGOING RESOURCES GAINS AND LOSSES ON INVESTMENTS NET MOVEMENT IN FUNDS BALANCES BROUGHT FORWARD AT 1 JANUARY 2023 BALANCES CARRIED FORWARD AT 31 DECEMBER 2023 Parochial Church Council of Deddington, Hempton & Clifton Balance Sheet at 31 December 2023 FIXED ASSETS Tangible Fixed Assets Investment assets CURRENT ASSETS Debtors Income Tax Recoverable Cash at bank and in hand Accrued Interest LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR TOTAL PARISH ASSETS FUNDS Unrestricted Restricted Endowment |
Unrestricted Restricted Endowment TOTAL Funds Funds Funds 2023 £ £ £ £ 62,628.33 13,904.36 76,532.69 37,098.55 1,149.00 38,247.55 7,911.75 400.00 8,311.75 8,313.37 26599.25 34,912.62 2,913.18 104.61 2,735.88 5,753.67 4,278.91 110.00 4,388.91 |
Unrestricted Restricted Endowment TOTAL Funds Funds Funds 2023 £ £ £ £ 62,628.33 13,904.36 76,532.69 37,098.55 1,149.00 38,247.55 7,911.75 400.00 8,311.75 8,313.37 26599.25 34,912.62 2,913.18 104.61 2,735.88 5,753.67 4,278.91 110.00 4,388.91 |
|---|---|---|
| 123,144.09 42,267.22 2,735.88 |
168,147.19 | |
| 2,368.72 1,220.00 3,588.72 117,174.86 62,282.39 2,735.88 182,193.13 8,763.37 1,154.20 9,917.57 |
||
| 128,306.95 64,656.59 2,735.88 |
195,699.42 | |
| -5,162.86 -22,389.37 0.00 -27,552.23 8,661.01 8,661.01 -5,162.86 -22,389.37 8,661.01 -18,891.22 35,371.34 40,547.09 85,641.81 161,560.24 30,208.48 18,157.72 94,302.82 142,669.02 2023 2022 62,878.98 63,898.18 100,089.70 91,482.69 0.00 149.77 855.15 1,283.97 62,037.22 87,996.75 694.13 0.00 -550.00 226,555.18 244,261.36 27,046.13 32,757.32 99,419.35 120,028.46 100,089.70 91,482.69 226,555.18 244,268.47 |
Approved by the Parochial Church Council on 2024 and signed on its behalf by;
1
1. Accountng Policies
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the SORP (FRSSE). The Financial Statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The Financial statements include all financial 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 to those that are informal gatherings of church members. Funds
Endowment funds are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or as unrestricted funds, depending upon the purpose for which the endowment was established.
Restricted Funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations and grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended upon the specific object for which they were given. Any balance remaining unspent at the end of the year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.
Unrestricted Funds are general funds which can be used for ordinary PCC purposes. Incoming resources.
Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.
Resources expended.
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The Diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross. Fixed assets.
Consecrated and benefice property is not included in the accounts in accordance with s.96 (2) (a) of the Charities Act 1993.
Movable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. The fixed assets presently on the books are a set of hand-bells, owned by the bell ringers, valued at just over £15,000. A Steinway grand piano valued at £35,000 was donated to the church in 2011. A microgeneration system comprising forty two photovoltaic panels on the roof of the south aisle, an inverter in the bell ringing chamber and the necessary cabling was installed in February 2012, at a cost of £25,480. The system will be written off over twenty five years, which is its guaranteed life. In December 2012 a fixed projector and retractable screen were installed in the chancel at a cost of £10,887, which has been written off after 10 years.
Other equipment used within the church premises is depreciated on a straight-line basis over four years. Individual items of equipment with a purchase price of £1,500 or less are written off when the asset is acquired.
Investments are valued at market value at 31 December 2023.
The PCC attempts to keep a General Reserve of £20,000, which is about two and a half months average expenses.
1
| The Parish of Deddington - Notes to The Financial Statements For the Year ended 31 December, 2023 2023 Unrestricted Restricted Endowment Funds Funds Funds Incoming Resources £ £ £ 2A Incoming resources from donors Planned Giving by Gift Aid 36,277.91 36,277.91 Other Gift Aid 938.80 2,777.35 3,716.15 Other Planned Giving 2,563.34 0.00 2,563.34 Loose Plates 7,598.87 484.41 8,083.28 Donations 3,483.46 10,028.30 13,511.76 Income Tax Recovered 11,765.95 614.30 12,380.25 62,628.33 13,904.36 76,532.69 2B Other voluntary incoming resources Donations, bel. 149.90 149.90 Grants/Legaci. 37,098.55 1,000.00 38,098.55 37,098.55 1,149.90 0.00 38,248.45 2C Income from operating activities to further the work of the church. Fees, Church + Bells 1,931.00 300.00 2,231.00 Feed In Tariff 4,007.63 4,007.63 Fund Raising other 1,973.12 0.00 1,973.12 Fund Raising Bells 100.00 100.00 7,911.75 400.00 0.00 8,311.75 2D Income from operating activities to generate funds Kitchen fund raising 744.53 744.53 Friends of Deddington church 0.00 26,599.25 26,599.25 Bazaar 0.00 0.00 Oxford Historic Churches Ride/Stride 453.50 453.50 Sunday Teas 0.00 0.00 Diaries, CDs, Books 266.00 266.00 Rents for use of church/equipment 6,225.00 6,225.00 Concerts 0.00 0.00 Harvest Supper 0.00 0.00 Concerts 0.00 0.00 PRS for Music 192.34 192.34 Heating Charges 432.00 432.00 8,313.37 26,599.25 34,912.62 2E Income from Investments Deposit Account Interest 2,900.44 7.60 2,908.04 Current Interest 12.74 12.74 Bells Bank Interest 97.01 97.01 Trust Funds- Deddington Trusts 732.67 732.67 Hempton Heating Trust 48.64 48.64 Hempton Church Site Trust 1,191.93 1,191.93 Music and Choir Trusts 762.74 762.74 2,913.18 104.61 2,735.98 5,753.77 2F Other Income Re-imbursements,Barford/Bank/PC 678.24 0.00 678.24 Parish Lunch 0.00 Bells subscriptions 110.00 110.00 Share Rebate/Bank Refund 0.00 0.00 Transport 20.00 20.00 Friends of Hempton 1,337.05 1,337.05 Youth Worker Fund 0.00 0.00 Fees in Vacancy 2,021.00 2,021.00 Other Refunds 222.62 222.62 4,278.91 110.00 4,388.91 Totals 123,144.09 42,268.12 2,735.98 168,148.19 Total Incoming Resources 168,148.19 |
2022 £ 33,765.22 7,003.64 2,608.96 9,836.81 18,593.62 10,950.47 |
|---|---|
| 82,758.72 | |
| 65.00 505.92 |
|
| 570.92 | |
| 3,096.00 4,210.09 20.00 0.00 |
|
| 7,326.09 | |
| 1,231.35 0.00 0.00 351.00 272.20 366.50 0.00 2.00 5,800.00 1,729.05 322.68 309.00 |
|
| 10,383.78 | |
| 835.90 39.30 734.07 48.47 1,187.56 757.84 |
|
| 3,603.14 | |
| 536.19 0.00 130.00 0.00 30.00 1,215.49 0.00 0.00 2,640.27 4,560.28 |
|
| 109,202.93 | |
| 109,202.93 |
1
The Parish of Deddington - Notes to the Financial Statements for the year ended December 31st, 2023
| Resources Expended £ 2023 2022 Unrestricted £ £ Funds Restricted Endowment Funds Funds 3A Grants to further work of church Church Overseas 0.00 0.00 0.00 Relief and Development Agencies 0.00 0.00 327.00 Home missions/church organisations 82.00 82.00 0.00 Secular charities 2,286.72 1,220.00 3,506.72 3,538.55 2,368.72 1,220.00 0.00 3,588.72 0.00 3,865.55 3B Church activities Diocesan parish share 48,066.66 48,066.66 50,411.79 Deanery Share 440.00 440.00 360.00 Church running expenses 13,554.29 48.64 13,602.93 7 12,114.54 General Maintenance 4,700.62 553.20 606.15 5,859.97 3,4 & 5 3,889.57 Clergy Expenses, Vicar 3,128.02 3,128.02 2,219.65 Cost of services 390.74 390.74 390.74 Service books/Hymn books 2,246.78 575.27 2,822.05 1 & 2 1,196.06 Support costs/Children's work 110.00 110.00 0.00 Outreach 141.93 1,191.93 1,333.86 8 961.39 Boys' Brigade 0.00 0.00 Repairs & Replacements 39,071.34 61,419.19 100,490.53 2,848.59 Spiritual Development 0.00 0.00 0.00 New Equipment 0.00 0.00 Maintenance of churchyard 1,463.85 128.52 1,592.37 6 0.00 Payments - organists and verger 3,970.63 185.37 4,156.00 1 3,996.00 PCC Secretary 0.00 0.00 0.00 Other Musicians 0.00 0.00 Ringers Fees 200.00 200.00 120.00 Curate 0.00 0.00 Flower Fund 0.00 30.00 117,174.86 62,282.39 2,735.88 182,193.13 78,538.33 3C Church management and administration Fund Raising Costs 1,424.71 1,424.71 2,058.60 PRS 0.00 0.00 523.50 Child Protection 0.00 0.00 38.32 Bells Administration 135.00 135.00 112.00 Postage, Stationery, Photocopying 941.24 941.24 1,147.14 Audit 0.00 0.00 0.00 Internet Expenses 959.33 0.00 959.33 665.33 Transport & Meal Re-imbursements 4,078.56 4,078.56 0.00 Lottery Licences, 0.00 0.00 20.00 Premises Licence 70.00 70.00 70.00 RSCM 142.00 142.00 110.00 CCLI 574.28 574.28 532.17 Parish Administrator 0.00 0.00 0.00 Bank Charges 573.25 573.25 182.05 Depreciation of Fixed Assets 1,019.20 1,019.20 1,019.28 8,763.37 1,154.20 0.00 9,917.57 6,478.39 Total Resources Expended 128,306.95 64,656.59 2,735.88 195,699.42 88,882.27 195,699.42 |
Resources Expended £ 2023 2022 Unrestricted £ £ Funds Restricted Endowment Funds Funds 3A Grants to further work of church Church Overseas 0.00 0.00 0.00 Relief and Development Agencies 0.00 0.00 327.00 Home missions/church organisations 82.00 82.00 0.00 Secular charities 2,286.72 1,220.00 3,506.72 3,538.55 2,368.72 1,220.00 0.00 3,588.72 0.00 3,865.55 3B Church activities Diocesan parish share 48,066.66 48,066.66 50,411.79 Deanery Share 440.00 440.00 360.00 Church running expenses 13,554.29 48.64 13,602.93 7 12,114.54 General Maintenance 4,700.62 553.20 606.15 5,859.97 3,4 & 5 3,889.57 Clergy Expenses, Vicar 3,128.02 3,128.02 2,219.65 Cost of services 390.74 390.74 390.74 Service books/Hymn books 2,246.78 575.27 2,822.05 1 & 2 1,196.06 Support costs/Children's work 110.00 110.00 0.00 Outreach 141.93 1,191.93 1,333.86 8 961.39 Boys' Brigade 0.00 0.00 Repairs & Replacements 39,071.34 61,419.19 100,490.53 2,848.59 Spiritual Development 0.00 0.00 0.00 New Equipment 0.00 0.00 Maintenance of churchyard 1,463.85 128.52 1,592.37 6 0.00 Payments - organists and verger 3,970.63 185.37 4,156.00 1 3,996.00 PCC Secretary 0.00 0.00 0.00 Other Musicians 0.00 0.00 Ringers Fees 200.00 200.00 120.00 Curate 0.00 0.00 Flower Fund 0.00 30.00 117,174.86 62,282.39 2,735.88 182,193.13 78,538.33 3C Church management and administration Fund Raising Costs 1,424.71 1,424.71 2,058.60 PRS 0.00 0.00 523.50 Child Protection 0.00 0.00 38.32 Bells Administration 135.00 135.00 112.00 Postage, Stationery, Photocopying 941.24 941.24 1,147.14 Audit 0.00 0.00 0.00 Internet Expenses 959.33 0.00 959.33 665.33 Transport & Meal Re-imbursements 4,078.56 4,078.56 0.00 Lottery Licences, 0.00 0.00 20.00 Premises Licence 70.00 70.00 70.00 RSCM 142.00 142.00 110.00 CCLI 574.28 574.28 532.17 Parish Administrator 0.00 0.00 0.00 Bank Charges 573.25 573.25 182.05 Depreciation of Fixed Assets 1,019.20 1,019.20 1,019.28 8,763.37 1,154.20 0.00 9,917.57 6,478.39 Total Resources Expended 128,306.95 64,656.59 2,735.88 195,699.42 88,882.27 195,699.42 |
Resources Expended £ 2023 2022 Unrestricted £ £ Funds Restricted Endowment Funds Funds 3A Grants to further work of church Church Overseas 0.00 0.00 0.00 Relief and Development Agencies 0.00 0.00 327.00 Home missions/church organisations 82.00 82.00 0.00 Secular charities 2,286.72 1,220.00 3,506.72 3,538.55 2,368.72 1,220.00 0.00 3,588.72 0.00 3,865.55 3B Church activities Diocesan parish share 48,066.66 48,066.66 50,411.79 Deanery Share 440.00 440.00 360.00 Church running expenses 13,554.29 48.64 13,602.93 7 12,114.54 General Maintenance 4,700.62 553.20 606.15 5,859.97 3,4 & 5 3,889.57 Clergy Expenses, Vicar 3,128.02 3,128.02 2,219.65 Cost of services 390.74 390.74 390.74 Service books/Hymn books 2,246.78 575.27 2,822.05 1 & 2 1,196.06 Support costs/Children's work 110.00 110.00 0.00 Outreach 141.93 1,191.93 1,333.86 8 961.39 Boys' Brigade 0.00 0.00 Repairs & Replacements 39,071.34 61,419.19 100,490.53 2,848.59 Spiritual Development 0.00 0.00 0.00 New Equipment 0.00 0.00 Maintenance of churchyard 1,463.85 128.52 1,592.37 6 0.00 Payments - organists and verger 3,970.63 185.37 4,156.00 1 3,996.00 PCC Secretary 0.00 0.00 0.00 Other Musicians 0.00 0.00 Ringers Fees 200.00 200.00 120.00 Curate 0.00 0.00 Flower Fund 0.00 30.00 117,174.86 62,282.39 2,735.88 182,193.13 78,538.33 3C Church management and administration Fund Raising Costs 1,424.71 1,424.71 2,058.60 PRS 0.00 0.00 523.50 Child Protection 0.00 0.00 38.32 Bells Administration 135.00 135.00 112.00 Postage, Stationery, Photocopying 941.24 941.24 1,147.14 Audit 0.00 0.00 0.00 Internet Expenses 959.33 0.00 959.33 665.33 Transport & Meal Re-imbursements 4,078.56 4,078.56 0.00 Lottery Licences, 0.00 0.00 20.00 Premises Licence 70.00 70.00 70.00 RSCM 142.00 142.00 110.00 CCLI 574.28 574.28 532.17 Parish Administrator 0.00 0.00 0.00 Bank Charges 573.25 573.25 182.05 Depreciation of Fixed Assets 1,019.20 1,019.20 1,019.28 8,763.37 1,154.20 0.00 9,917.57 6,478.39 Total Resources Expended 128,306.95 64,656.59 2,735.88 195,699.42 88,882.27 195,699.42 |
Resources Expended £ 2023 2022 Unrestricted £ £ Funds Restricted Endowment Funds Funds 3A Grants to further work of church Church Overseas 0.00 0.00 0.00 Relief and Development Agencies 0.00 0.00 327.00 Home missions/church organisations 82.00 82.00 0.00 Secular charities 2,286.72 1,220.00 3,506.72 3,538.55 2,368.72 1,220.00 0.00 3,588.72 0.00 3,865.55 3B Church activities Diocesan parish share 48,066.66 48,066.66 50,411.79 Deanery Share 440.00 440.00 360.00 Church running expenses 13,554.29 48.64 13,602.93 7 12,114.54 General Maintenance 4,700.62 553.20 606.15 5,859.97 3,4 & 5 3,889.57 Clergy Expenses, Vicar 3,128.02 3,128.02 2,219.65 Cost of services 390.74 390.74 390.74 Service books/Hymn books 2,246.78 575.27 2,822.05 1 & 2 1,196.06 Support costs/Children's work 110.00 110.00 0.00 Outreach 141.93 1,191.93 1,333.86 8 961.39 Boys' Brigade 0.00 0.00 Repairs & Replacements 39,071.34 61,419.19 100,490.53 2,848.59 Spiritual Development 0.00 0.00 0.00 New Equipment 0.00 0.00 Maintenance of churchyard 1,463.85 128.52 1,592.37 6 0.00 Payments - organists and verger 3,970.63 185.37 4,156.00 1 3,996.00 PCC Secretary 0.00 0.00 0.00 Other Musicians 0.00 0.00 Ringers Fees 200.00 200.00 120.00 Curate 0.00 0.00 Flower Fund 0.00 30.00 117,174.86 62,282.39 2,735.88 182,193.13 78,538.33 3C Church management and administration Fund Raising Costs 1,424.71 1,424.71 2,058.60 PRS 0.00 0.00 523.50 Child Protection 0.00 0.00 38.32 Bells Administration 135.00 135.00 112.00 Postage, Stationery, Photocopying 941.24 941.24 1,147.14 Audit 0.00 0.00 0.00 Internet Expenses 959.33 0.00 959.33 665.33 Transport & Meal Re-imbursements 4,078.56 4,078.56 0.00 Lottery Licences, 0.00 0.00 20.00 Premises Licence 70.00 70.00 70.00 RSCM 142.00 142.00 110.00 CCLI 574.28 574.28 532.17 Parish Administrator 0.00 0.00 0.00 Bank Charges 573.25 573.25 182.05 Depreciation of Fixed Assets 1,019.20 1,019.20 1,019.28 8,763.37 1,154.20 0.00 9,917.57 6,478.39 Total Resources Expended 128,306.95 64,656.59 2,735.88 195,699.42 88,882.27 195,699.42 |
|---|---|---|---|
| 117,174.86 62,282.39 2,735.88 182,193.13 |
78,538.33 | ||
| 2,058.60 523.50 38.32 112.00 1,147.14 0.00 665.33 0.00 20.00 70.00 110.00 532.17 0.00 182.05 1,019.28 |
|||
| 8,763.37 1,154.20 0.00 9,917.57 |
6,478.39 | ||
| 128,306.95 64,656.59 2,735.88 |
195,699.42 | 88,882.27 | |
1
4A Staff Costs 2023 2022 Wages & Salaries 4,256.00 3,996.00
The Organist & Choir Director was paid £3,996.00. He is self-employed and invoices the PCC monthly.
Cleaning of the church was carried out by volunteers.
4B Payments to PCC Members
A small immaterial portion of the expenses paid to the incumbent may be related to his or her services as chair of the PCC. No other payments or expenses were paid to any other PCC member, persons closely connected to them or related parties.
Parochial Church Council of Deddington, Hempton & Clifton Notes to the Financial Statements (continued) For the year ended '31 December 2023
5. Analysis of Transfer Between Funds
2023 2022 0.00 0.00
There were no transfers between funds. Income and expenditure was always into or out of the appropriate fund.
6A FIXED ASSETS FOR USE BY THE PCC
Items of furnishing and equipment purchased during the year costing individually less than £1,500 are written off when purchased. Tangible fixed assets are the sound system, staging equipment, a fixed projector and retractable screen and a Steinway piano. The Sound System, the staging and fixed projector and retractable screen are written off.
Photovoltaic panels were installed on the roof of the south aisle in February 2012, at a cost of £25,480 which will be written off over 25 ye
| ACTUAL/DEEMED COST | At 1 January 2023 | 102,504.35 |
|---|---|---|
| At 31 December 2023 | 102,504.35 | |
| NET BOOK VALUE | At 1 January 2023 | 63,898.18 |
| At 31 December 2023 | 62,878.98 |
6B. Investments
The PCC holds 8 Endowment Trusts (Capital Perpetual) vested in the CBF, as follows:-
1Ward Bequest, for the choir but may be otherwise allocated if the PCC so wills.(300 shares )
- 2Frost Bequest, for the choirs and music of the parish. (931 shares)
3Deddington Stilgoe Bequest, for the maintenance and upkeep of church and churchyard.(818 shares)
- 4Wheeler Trust, for the maintenance and upkeep of the church, churchyard and the Wheeler graves.(98 shares)
5Vane Jones Bequest, for the maintenance of the Lady Chapel and general expenses. (65 shares)
6Deddington Churchyard Trust, for the upkeep of Deddington Churchyard (208 shares)
- 7Hempton Heating Trust, for St. John's heating bills. (78.71 shares)
8Dedd-Hempton Church Site, for furthering religious and charitable work in the parish. (1929 shares)
The Trust numbers entered in the payments report alongside certain entries indicate that the trust income has been used to defray expenses in that category.
Holdings at 31 December 2023 are shown below
7a. Current Assets - investments
| Market value 1 January 2023 Net loss/gain on annual revaluation Market value on 31 December 2023 7b. Debtors and Liabilities Prepayments and accrued interest Other Debtors |
91,428.69 8,661.01 100,089.70 2023 £ 693.24 693.24 |
2022 £ 67.17 149.77 |
|---|---|---|
| 693.24 | 216.94 |
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LIABILITIES; AMOUNTS FALLING DUE WITHIN ONE YEAR
| LIABILITIES; AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| Loans Creditors for goods and services |
2023 £ 0.00 0.00 0.00 |
2022 £ 0.00 550.00 |
| 0.00 | 550.00 |
9. Funds
The restricted funds comprise the Fabric Fund and the Youth Worker Fund. All the church depositt funds are now in one account, with a spreadsheet showing the allocations to restricted and unrestricted funds. The small restricted funds are the Christmas Lunches, the Foodbank and the War Memorial Maintenance.
| Balance at 1 Jan 2023 Incoming Resources Resources Expended Investment Gains Transfers Balance at 31 Dec 2023 10 Analysis of Current Assets Fixed assets for church use Investment fixed assets Current assetsDep 001D Restricted Funds Current account Bellringers Fund Current liabilities Accruals Debtors Loans Fund balance |
Fabric Fund Youth Organ Fund Small Restricted Funds Worker Fund 26,172.10 2,184.78 20,669.52 3452.09 28,970.08 1,274.42 8,305.30 1000.00 -30,796.69 0.00 -29,240.73 0.00 560.84 85.41 265.91 116.64 0.00 0.00 0.00 24,906.33 3,544.61 0.00 4,568.73 Unrestricted Restricted Endowment 2023 Funds Funds funds Total £ £ £ 62,878.98 62,878.98 100,089.70 100,089.70 14,942.13 14,942.13 33,019.67 33,019.67 10,554.72 10,554.72 3,520.70 3,520.70 0.00 0.00 1,549.28 1,549.28 0.00 0.00 0.00 0.00 27,046.13 99,419.35 100,089.70 226,555.18 |
Fabric Fund Youth Organ Fund Small Restricted Funds Worker Fund 26,172.10 2,184.78 20,669.52 3452.09 28,970.08 1,274.42 8,305.30 1000.00 -30,796.69 0.00 -29,240.73 0.00 560.84 85.41 265.91 116.64 0.00 0.00 0.00 24,906.33 3,544.61 0.00 4,568.73 Unrestricted Restricted Endowment 2023 Funds Funds funds Total £ £ £ 62,878.98 62,878.98 100,089.70 100,089.70 14,942.13 14,942.13 33,019.67 33,019.67 10,554.72 10,554.72 3,520.70 3,520.70 0.00 0.00 1,549.28 1,549.28 0.00 0.00 0.00 0.00 27,046.13 99,419.35 100,089.70 226,555.18 |
2022 63,898.18 91,482.69 50,596.85 28,356.88 5,574.90 3,651.99 -550.00 7.11 149.77 0.00 |
|---|---|---|---|
| 27,046.13 99,419.35 100,089.70 |
226,555.18 | 243,168.37 |
Notes to the Financial Statements (continued) For the year ended 31 December 2023
| Charitable donations made in 2023 Collections PCC Donations Katharine House Hospice 100.80 Friends of Christchurch Featherton House 225.00 Cancer Research 120.00 Thames Valley Air Ambulance 250.00 Childern's Society 115.00 Embrace the Middle East 273.00 ODBF (Bishop's Outreach Fund) 82.00 British Red Cross 1,450.00 RBL Deddington (Poppy Appsal) 565.00 Christian Aid 400.00 |
15.00 |
|---|---|
| 15.00 | |
3,580.80
Total
3,595.80 (3.25% of unrestricted income minus a large legacy desi
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