St Mary's Church Leamington Spa Report and Accounts l Year ended 31 December 2023 Registered Charity No.: 1132095
St Mèrys (hurch, Leamln8ton Spa Forth•Year Ended 31 D•cgrnlxr 2Q23 Pag8 Chvlrlty In'iorma'lar. Trurttti, Raport Z-9 Indeper,dent Examiners Rgport io Statement ol Finincigl Acdvltl li bal3n¢e sle#t 12 Nots5 tts the Accounts 13-21 Oetallad Etal•mtnt Df Fl4an.lal Actlvlties With CompJr8tlves 22
stM•rfs 014I1TYifiFQRVATIOM B¥TstEredCbarity rth,. th¥.'liyrnÈ5triitonM: QgwM¥trocvTreht'. RESterad 4lNt•& addr415foT lIa Waer%Meosuv• fl95lnimwoBdattdtknhRépre5enl stMirylqood LirnIp4bnSpt rMi iiw oni7Ltd•h,, Mh• Thl P-•thlil I VkBr rotns 214ja.4thywtr uifK•l RW A&eltha¥4fox3 I2ringr•I PCC mbÈri 4th¢ I.}4.,,51810APChI 3)251, 81¢n¢#I3/2I23 EtK•d25i4tsn' £0241 Ik*a'DA4022".SeThApGy 2015lAttI5eeMty * 114hJ •ll1Whltla WSSS•u•t¥ryfrgrn 2N125 Uk.OaioyFCA eWi1h¢P Luhd¢n ECLYW rw.. Sylorth r4¥tdsd&vpotrfyr NE34PL atlwvAGÈ 101[¥s0dety Pw5W4Y 5w.Id
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St Marv5 Church. J?rnsWonSpa
REPOKT OFYHE TWSTE
FoTth¢Year Ended 310oornSer20Za
ThB'.ruX) es pr#s•rrtth8lr Thport Hnd th• ¢lryhcLI statow.ents fortho y•ar ipd•d 81 Oo¢emb•r202Y. The
n8n¢lil statem•nts huvq beèn VTep•r•d lry 3eccrdanM WIt...l CForlty rTlS$40n'i stM9-..1•f
R•¢•nTMèYdod ?T#rtlc• and oll ipplKabhAc¢0Itn1J RopOrtI Wndird•,
srRucfuRE, fjQVEINANCEAND PIAMAGWENT
St Miry'j thuryh 1$ 8ov•m•d kythe parthm•ntery I..1..1t10fi Pothlnlryt• ChwGh of Erl¥NJ ¢hurcho&ThlJ
'J5atlon Jets OUtth• Bh4rthbh oblecti¥w ind Eovornance fFOTMWQ
Th•'.? ir• upttr 12 elected laytru¢••s IldéJer,dlD8 ¢nth.e AikJiiYtsi Ircmth• U#tcril Rtsll nym&oTI, 2
wbrg•n5, UP t¢ four ewn•riyp.¢d r8prqsent2tfv•s•rd-.ie ilncdmhntl who zol1ertlveIcrM the
PorcLhlii Church C6upeil IPY and wOkto4•t7&.".& pr¢T¥ th ofth• cnurch w5thin th• pBrf5h.
Durfn$2Q23, 8 torlaytruste•s r•m•lnad unfllied Iwaro•n4 &nd Dèanory Syned ftyps aye •xdflcb lay
Ary ellglblo mèrnb•rd tha Chh Lq ttd onth& erttrrnl roll 3tsrd for gl•¢tlonta th• PCC. The •iM
to hw1 4 MIX ol$klll$ gr.d oxxry•y• ftd esl8r a5 W5.'b•, • ropse.itstlon ¢1 dlrtent a4&s, slrvica
ittf 4dinco ar.d Mlnlitryiroupi from wlthiD t48 thT.rc-. cornmurlty.-I hos• hI1 tostsnd ¥tru$tsU do Jo
VQirJntartiy In the.r d•slm tosemth.• •pd tPA w.d•r cornmnIty.
At thi ¥OnL'al wie.1 meitlNg Icbll•d the Annval
P88e 3 lssu•s, )urini &013 thar• w8re no 51Énlfi¢artsale8uardtnKMnts whkh rnqutred r•prsrtni tothe Chidty Ctsmnls$lmer%. BUILDING5 Th• LIS; QUlnqenr.1al l..IspEcYon and r•p)rt was11 Mty 2¥2. ,ne PCCany¥ed thoav¢hWto tsv•rs•e the prai•¥J of rewirs hr th# urgerf ntI•l wrks wnlch Inclu. ffxlns th 0"8&n 0wr mom by red?clii IL5 rotst, ren¢erworkJ. rqpélrlngthe 8tep5 ts thp rwrth v8.ry ir.d r•pah.ni dèmaged mèrbl? art chan¢el step. 1 £0£4. An Ir4p•rtlon portW45 fltsd tsT tha dowoplpt It15 1xp•r.•d'.hat5pver410', th¢se YKrksw:'Il t•kn •ce IN- on th• njrth porch. Th lar%¢rt wgrl( w b4•nt4e rapkc4Tront of tr iwitin8 iy¥t8M lorth• ¢huTch dug tD th¢ bl¥wér bre4klYi. It wis . passbl8to replac• l ilktrfvr.l al p bis i>•Jr replac wilh i wat •teM wri hyEroyn r4a¢i ooi •ri. A facu1tiwas rocalV M•y ir.d tr.• ein1 iAslall3tlon ¢tsmpl8tad by •Fimb•r, l-. viis fi•ce5$1rytQ Miri8 4h8 £9ntr.arar¢ +A in3ry i¢n• irr.érdm•ntstoth•f4¢ulty. Th• PCC IT• vBry grRtsliuI to thq thurth. •n&Mmrnuryky fotthelrp4¥•nc•t?Irouih tn• tok4•rmonths¥ we hav•fad thls challenso. MY Our Gav•rninq Dotturyn•nt5, b8lw th'chursh af En8l•MI M4U$. eur fbloct ts'Promtlrf In th• pirlÉh tk•'iihcla m15$1on Qf tle cluth. Churc4 4wpr•J8r.l1 Ru%s.AddltlonpNy, St Miry-• Chur Ml991)n Sbatsment li'En¢ou(rterlry God; Rootsd tn Cth,, Tr¥nBfonnfy Ilvi&' Prov.otlnith• Ch..IsTiéty lath and kIrA i dlthrence In •,$1•S ••1 ?•% Oh e do. Qup )1 ?re Jlngd th• Cuv•niry D¢t14N PurpoJ•-'Worshipplp4Gad,M?lDidwlpl8s,Trnnsfgrnitn¥Ce+mrnJr nJiia5', OBItCTNgs AN'O ACTIVITIES A•evr public worshlp ond of u¢red 5pac• br prny•r eoft"trMDlaO D¢lpnrt•&cWw rf tr,rEttl•iPythrou¥b s•rvkos, $31] Broups and goknry•$. Prjmots Chr.[In%hrnIth• it•alp4 Ot wi•?tFknti InivJ• 4rd tho church bulldlw$, mgetln41 and dtrièwll¢i ¢1 I•tlI. -ka.-d beT•aéd Pator41 etre InclTrJd'ngvl$P.Iw tle $",- . roviding a Yoh ElJb wkh a th.. Lffj'aft ethos Ui'ldren's FaJ111I1ès Mlnts 5upyo'ng chAItIÈs PTomctlf,8th¢ miS.on of tr.? cl-.Lwch by pr4vTrtrt praetleal Jupp)rtto those In Treed, •%pecl•Ny the dISi1n11Ed End SVCiilly 8x¢l.ed T.?....U¥ees ha¥9 pald due r8gar4 to EDglènd and Wal?s' on publ1¢ bene it in d&trdln¥ whlth artp>iti¢siq8 cnuTth %hoknld u.-.oetske J)1 i icp4tles are rogularbl mvlewgd. The tru5ts&5 con$kl$r th4 chur¢F's J4•¢tfve5. the artri& uD.-8ttak4n to meel tnose obl&rti¥•s, #nd the on8olng slr•tegy 5Ot fgr the chbrc4fulbR to.mFlles WEththe p'ts ic E8n•fft lTJ0cO s¢t oui bythe Charlry Commis51On loi England and Wales. A1%1EVEMEP4T AND PERFORMAN We arE ? loving, lIv8 •v4Tyli¢41 ehLbrth wlth o pajdon forGod, I vlslon tosee liv85 trdnsf¢Trn8d ind a mlssicn tc lrnyrt trie world around wrf-Ththe Good of Je5'"c Chri5-. 'EnvJL'ntering God, RDOt&d In Ch, Trari5fformin8 LI45,. We 8rB è MBD)berY t?e'V40wIMin8' t).elwofk. We J•sus ar¥J wentto faIthfvl serv8 4im and Inoln?r. f¢)g61hÉr'we the igartbaat of our Feaveity. atrer, in our corr,munity -Yered to ev8ry0.".9 a#dwe lorq to brfng Gad'5 r)e•lin8, hopè tnd and boytrnd.The Good New5 9fJ05rS- stl¥ètlDn. in the pow•r of the Holy 5pFrttto ¥Jho•ver b li rleed. Th* >plrlt oF+ho Lorf anointed u5to prrxlalm fjood Newstothe poor IIsaF4h 6), U)kn41. We Bre a thurch Torine poor'mth 1ssiBh 61 a5 QUT è¢r05s all do. We 4ave a p310 trJ reath the IDSt aiid IIvts8 traisfo'med ai welcome L.h8 lioty SFiriVswork ilrj and oJr ccmmunity. arè passlonats hr h Pry15en¢e, seèkTnq ftrst hi6 XIEOrn. %JJe arÈ a chLtrch by S,$ WO and HIS Spirit, W& Ijrn forJtSUS to
Page 4
tha Cerrtre OF whowe •r• ap.d all we du. Our llopè Is Ip WthorG)d'i kn'• lo", us Ind w• Ilvl forjasu
mls¥ion, for hts hoiour ¥ne i%¢r5hlp. W£'n 8rowT.nz t'.e Sp rit'• 6ffts•ndfi u]t,50ltto brln¥ comfortind
freedom a¥ wo Abwt Inl¢sus. We hav8 b•¢ll ?bou: oj". vtsl?p. and have b¥u:o d1kem dlrertlot) In
tb8 p'igrrty ère3$ of be1r4 & ¢hurEh ID.. th pT, Wbkonth8the HotySptrK émbroclNorrfJ snoth8r, rnprhlni
th• ks'L Ind d1s¢lplisnip In • Chargi rI4.
610) ia5 b•qn uxtsld'.T8fordwek)Fln8 otsp wprk vAth G4P IChrirt%ns Ayhst Po¥•rtyl,tr •nabl4 further
Qn6Q',W ipPOrt of tlkrt$ 4ndto r•spano to ne¥$. Varbus p".¢feS vi51tsd •roundth¢ ¢¢untry to yl
INlshl aid lea.-nlns. Th otharCAP churth pa.--•rs r.¥v• beep.JJFPQrtva ¢f th• dave',opmert ol * CAP q¢p9
plol Y1¢¢t tPAS wlll tie p=nts- tIPb". f,.lY I.d frrds. Q)113bor•tlohwlth otlèts In the ama wlll help %vith
th• sveAliik)I'rt'i of th.'s Ork. V¥,• w:'I pmklo mcre tsietld ès tteeds pr•s•nt lhoThtsees Iwhlch
ts)uid bi¢lJckè resour¢8sfrtrrn CAP 8Ch as timl451cwry>. 5¥ms fvydrals. t¥gk ph¢¢ tcwards th• •né ol
the yiar ?nd th•xw•s • e•labpLtlon 1.1¢ CAP 440tc•ntrds 15 iE?-. ?r.nbilYSlry. M-? thin IQW h¥u¥eholds
hw• 1014 d¢btfTee slnee th< wo..ktstsg. TW&jcel&oFan %.$?Y the OtyDrtunltytP 40•wh8therthè
ell•Trti •nd hrqlll¢s'Nou d b• INreste¥ In • ta16. h¢p• w.'Il bÈ start 2C44. Wa eontinti•-o Ml•t
wlth ¢)th•r 4Bfjncl•s 4nd mmunity laad•F5tO cONté•rh hstwe can ¢tsmb•t ptrMtytu•th•r.
Durlng 2023, th•r• w•r• som• Ehin81s In staffini. li brrY #br thlldrln om hrnlllli Lidèr laft to up
•n¢tki•r rol•.'N• w¢re qrnteful l=r T kwcOnI1'SfalffU,, b.sq 'ork. lfj Nlarth v¢• w•r• de'.18hted to bl iblè:o
app>lntlinny Wllx¢ktc bi n•w thlltrÈr •r.d rRrrWK.eadp hprstirWn8 wwk In S¢pi6rnbaP Wg
Ire gritsfJl to ourvolun',e8r ol'dr•fts Sejoe•tsrit t'.nul4 to ¥erye ovr-hildrEi inu fvm.'II•s 8¢ w811 overth?
Smantl wi1+ hr • MW b)d¢r oltF.B rnlnl¢.ry. It ha5 beqr. i Iw:ow•'.com•J6rAy to oyr ¢hur¢l. Th• Vlcarw¥s
v•ry thankful Fjran 0¥}¢,• sabbat1, whKh ts.. 3 morbbstrtsi The tlrn• of r•treatiNd
r•thurntlDnw45 ITgI18rft,, It lllelud•(s a pr¢l#und or1•n# ofF•thg1 Goo's bvg.
WI ¢•l•br4t?d threelhanwI1l5 ind there were fvrJ fur.•ilstP.ts jeT. )èstor•l Girn li olfer•d In homi$.
and car8 hornes wPer. needs or.SF.14d:YidL'a.sS.Qtn suppprt•d wh•n na•dln¢h?Ipwltb dmtuk
Ilfq rSgue$, In¢lJdlrf prlsax oradd5ctioTr TSSJS,l114tah end ber¢Y.nI.
Ov.;4E e OAayther• wu th•COTIroll of Klni Ckn•rl•$111. W• prnyed for him ind nil hmiTr4 durlw w#rJh¢
w used DuifyfProyernlcr thg Cpmn#dorJ oJKlry Ch)rleslll, • boèkl•t thsutsd by;h• Church ef Enshnd,
It V5 been #¥?d tg s• nèw prnver ythèrligs [ 2Q23J ir. •-'dltlop. our F5rst Prbrky pr4Y4r m••tlngs
ther• IiBS been Frid4yon¢ Sunda'i morning prayarwuch htve be$.1 ¥".eat tImOI15Snin f¢tr propb.etlc wDrd¢
?Dd Frepa.'ip.g us lor warship.
We are thankful for doors oFenlwfor rn&%lon. ti has been wod to devaltsp tsur liftkwtth H¢l?n J¢naE th$
¢&ntr¢ imalla8r of the QYDNI cerrtre nd lieler,'AIIIK',_:sontkElr wqllbÈiig cff.cèr. Wf ff.et pè.ople In our10¢s1
cc•rrunlty thro'tsgb their=afé, OursbmTr.ÈrPlcnlE CF.Jreh tPo orgWDd£ ofthe 5YDNI £antre was¢reativ$, and
acce5slblo kn vi51te%. Durln2 2023 rh D[esan Mlt$lDn HD5 tr3Ye beKI'ltv dEye'op the conr,e¢ibn wFth
tsthtrrGhLJfcii l••dèrs fcr mis5iorn and ¥UPPOTt hès been 4rowlw.
chuth had the cpporlunltyto Eo to tr.e P4owWir.e sJrnmÈr eontar8nca together and it'a gRt forbulldin8
fe"Iow'5P.IP 7nd for enrounter wtth Ik'$ b4•x woitterful * seo tw, childr•D youth BTowTrL6 In
ttnldencè Ln liyt•nlNgt- God and in tknelro.., a-..dts sè0th Imp4¢t glthe Growin8 Leaderseourse ird
Itntorin&.
8roup leaders offored fakhlul c4r& and SLTJpett tfthtir rnl¢-WèBk Aroups. The pasiDral ohall&n8QS Qt
tliiy sèason hive tseer, S 8nitt.=ar.t Bnd It hBs-eEn encod81.-4tQsÉa $4Ye new small group leadirs ih..SV6Br,
Eyd new membtrs i011'.ng8rop.'r6. We B>pile 6 weé
Page 5
We are thanl
P¥e6
Yho 6pm sepilce lslnformil and È q¥ietsrseN"CO tban Ihe &03CaiY sttrvke: ? muslclan and leadth¢
M'orshlp. The * sund0ftl M)nth.'s CwYanl)n. DknrTn8A¥8w. Iho café chJrth was br 711
tho church tololi Irb I,, has begn 2Trwurbglw EO S6¢ ttr.•tWQ XryWYWp.s oithp chwch ¢omiD.I to#trther8t
hurrh I¢$ ar In worshlFplng try8thpratsor.•sFaJ¥l servl¢e$84.s Gorxj th•y. ch51, APCM,14•w
y411 ev•, C4Tols by C8nd •lliht $4rvk• And chr.na$ aY.
Youth Jnd Chlldrtn
Th• Chlldreft'5 and Fimllles L•aae.; LIEzy,Inls42d lerrcle in F•bruary a)dJe4r5b w81 a?polntsri to stirt sn
SEptomb•r. Th rola ts Im.portantfo1 nurturfr4 ¥f oL.-h'kli, tholr Imlile2 5UPPCrt1ry+h4
volua'.o#vs In the team$ prpmding reUrceS,cwr• ard tnlilu, on Sknndlws and mfd-V4qe
spÈd81 servlcÉ5 Ind •ll.•g• w_rsFF,F has h8lF4d to prowdo a r.fui4 sI¢ti for bulldfw lalth. Pastornl h•$
beon ofrilred wh•r• rioeded. We b4¢r a•eNp.'NKT)U-•sat:.orsYd .P Wtb.-.ki% Knxls li our p8r4sh
w•kom n6 thorr to our bU11n11¢fOCCD5lorya 8ssaTbI$. I41?a5MlIli InClapF.•mT&Y3c Communttv
Ptlrniry Seie4)I havg b••p. Ilvèn kly th• Cilldr¢.i aty.4..aTr.Illes le&dÈrJnd S•elty th2 Vkè".. Ih• cb¥lThrtv•
hjve èean s q.'•itsupport.Thè hoi1oaysW¥dl• lat.EVer.turn and W1ne $umm•rwnfer¢ne have
hy tlmgl lor4rowfnq tA8ndshlp and looh, Vl• Ire very 4rnt•f.': * tnos•Y,'hg 5•rvq In Ehlklrttn's for thelr
di&lnt!on, 8,fts ènd cari,", h•voldp.teer'i•d•7ard htsl¥rs )"è i ¢ b1•151ng tty tsur th'.Idron, It has been a
lay ie soa chlldrèD e¥ressln8 and Ualr.i lal' Ilts,wè oxFct to learn Ironth¢ ¢h11dren st IAiryi.
Th• Tic+ toddlèr iroup Is an IwLpttrtant yrt proyldlry a afveT51ti oF&rnloii wlth i warm w41cama.
frl•nc4hlp ind sp0rt 85 11 prny•rs 8nd r¢fr•shrn•nts. w••k Rtxkets8roup l)K•m? Spa¢
Statlon In th• Au.umn.
Our youll4. l#i¢i•r, DarT•n Mrtlr.u•d Ip.sYn the YO., r•#poidlp4 t? ,.thY D&Ed and irgwlptlhelr
¢onldenc8 In h,,th. We celebrdts wor<al?J ssld• i.'s volUter taam.Th• y¥¢.h mèt mld-w•èk &md on
Sund?y4 Ind githlredlcr sr¢15.?1 .0 youtr carth-.. .:8ad bf5 In gur 5orv.eai tt IOJQ•m. Dn 5th
Sundays. P•rr•n Invehd m#mb•rs ¢1 tu preaehlni.4rn li th¥ tra.nlng of ourytsuni poople Por pr4hlng
nd L98ti1n¥, Groivlng ld• a,-d mer,t¢rTricDr.:..nu•s ts lfft.er,ce tP.e tsr8ood.Tn¥ yowthtsim iogk
i•v•nl puth to the New Wln• summ¢ywnf••nca=n.'s sE#r è wtiT.• far dMvln8 nèar toCgd.111s a
pr•ei?L'S tlm• forcth•rA Inthi ehir.h co•rninkv w w: ts
P8Ee 7 T. C+ -8 leoup fOrtsddr8 8rd thdrpar•nWEar8rs hèld eft WednÈsday mornl#8s, th¢ opportjnltyforfun Ind frlendshl Outlook. an aduEt KMUD rnts•tlni W••kfyTt6ett1 to kww•vhothèr bèttsyand •nlolni ttrutfv• & fun tlm¢$.A#hf(l•¥ intiudotsl¢s. qultto4 sln8J0kn851 •ndvar1ou$q•mg& othor Outréath Ave$ In wddl'.l¢n to tni of mlnlsEry mttrylloned iho irrnpsed or hortad mher conmun.ty •ctMtl•sto bulid communty and blem others In parl¥h irtlullry.. Ch-.,¢FrnfyS cor¢llini wfth Syc8mor8s Cim Florn4 rildants Warwl¢% Dtstrfcl Foodb•nk. w• i)o•t 4 eood 015trlbullort e•ntr• and iri wfoundermimborof th¢ fovabank PiOYtdini• trustst. Moro dota116 ?kutour a2uvRI b• obtsin•d on ppttcatbJnto ¢urChurth offlce. FINPAtIAL REVIEW i cliur¢h, we r•ly nlnty' kpon our ¢hur¢hhrnTri D flninc'.airJ sJppurt the Work do. Wè bellova tP.i:th• Blb11¢41 prln¢lpié of t'tbTrPX Igivln8 eway olowr personal.UM•) IF i 8ood we or£ourni• aur chvrcr. hmiW t0 8ry9Ptth'5 Withln tholr perSdnJlfitrar.$ so thpt churEh r•iol&r Income,to tund th• Ehu-¥n a¢t(VIl ind ¢utrebch. Out of oupGener31 Fund Inkn¢mA +h• ¢tiureh s•ts J81de 40%tr 5 ve &w4yTo gthgrdHrfEJbla caus•s, •llin•d to ouro'Nr&Obl2o¢s o. prJrrotlry t4e Chl.st5sn Satth ip.dir.-AhiT'.I8 pwI• 4nd wmTrurLItI86, W• ilgo set aldo some Income ( qulr•dl VAraJr'e#.ft11 fvnd., b) keeplwwP£h ourpasslon t¢ b1¥ oth414, tQ 4n2blo ds to srr.•112r¢ne-off éftsto lid1= s ind oTr4nls•tloYito ho.p ITr tlm•s=I n•id. SUMMARY Th• tetil Ircllme In 2023 was £228,154 ts 2022 incom• ef 38X 926, a decrgas• cf fL37,772. How•4J•r, Is therE a 51gnlfkant'.¢EOCV 8ft rè¢ètvec ill c22..tO,, i1comq was £,1.9) and by wmparlson in 2023, wt racalV@d £114, much of the 4pwr•nt d¢crèase In inwmèfor 2023 ts du•tothe diYereK• In1 iUThtiS received, Looknr,g ?t t.a umptoth expep.diturq, thE ro_¢ o'the iionralcharltrAb5 èrtwstleswas£239,985 vs 2021,1 va5uB of F247 =.55, 1 reductlB4n of £7,070. IN.&.Th15 d¢85 ncrt intlidetk.a rnoney spafft. on th2 repl•c4m•Yt ol thB Chufth heoknllé syrtem whKh ts¢115slned as3n°EMtnoTdinaryco8tr-588 below.] So, net in.ornollexpendltiirel, beforè Kainslloss05 on Investm?nt assets ond extrnordlnary items, forth• yeariwas a dÈflctt oF£II,831. In th.. year, th¢ markEt ¥3lL8 of thè InvÈsied'deposlt ma-..aged %md'15ee 131 Improved aryJ at the yBÈr end, the S,laro%uo was £2;0,094, a oaln ?f £23,226 6.e Ma..:0,.Je ètthe end of 2922. So, ief accaun-itry forthE impro¥¥m¢nt In imMEment rdlue, t11¥$ a net surplw of £11.395. Ho¥r, In 202Q the thLirch $pert£t425710ft i g aGingtry¥ be4tiTrg sygtem in tha thurd) whlrh off ndhjie olÈnSfi¢ant valuts ar.d as Such as ar"E.r4c.rdinary 05, afterthe n•t IncorneleNpendltureon"mrmaV activKi&5. SD, alrthe moTrlos spent ontkg •xtroordlnaryco, thvrnls è leyultlni8 d8ficit of £131,176. Attho yetrend, there N4t CurrBntAssÈts of £321,803 by:ompari50rtto £449,190 In 2022- ) do¢rease on tba prevlts yearo*E127 %q7.
Poqe S
Oth•., V poinrs nots aro dqlèik4d hlow.
INCCMEAND EXPEN)fUAE
INWME PRafvT DONAnDN5AND LEtsAcJtt IS•• Noto 31
TrONAlloN5- Our1 2¢23, wè havi a8•ln Supported byth• tsrtgoln8 gon4r05Y ¢fthe rhyrth rn•mbér
The lrn¢om8 from don•¥¢ni in 2Q23 howèver15 down by £6,014v5 2022 doro¥on Inwm• hv•h.
Cur %Jlar Itv r•& by e4,294;2a22'. r•oLtr,.tsn of 15,1771, Tris rrft.tst Impact oftya
loss ¢fdon•tl¢nslrom i nvrfir JI reglar siv•rn wnoforvaeois ioasoro havq mo¥'•d or
chiNtrd ehurche$,
On•"oPF¢rfts Lry X23 totall•d £12,895 vs £14,615 In 2021 i rtdvetlon of £1720. the iffeet oftha
f¢5tllofvllvlllg ¢rlsL8lfuel prl¢•J, de¢r81s•'JrfisurprfJlng.
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Page 9 RESERVES Withln the charity'5 accounts. we have funds that aTe°designated" purely forthe purposes of monthring income and expenditure areas of artThirty. Mary of these funds do not have theirown iythme streams. Anv d•ficits at the yearnd are met by trdnsfers from general nds. As a matter of good practice. the trustee5 aim lo have a Geielal & Designated Fund I'Unrestri¢ted Fynds") net urrent asset balance SLrfficient to cover 3 months gerneral and designatèd fund cash outgoings, 50 that the charity could ¢ontlnuè to operate should income andlor expendfture vary adverse. The Unrestricttd Funds net curient asset balance at the yearend Is £279.641 and 3 months of the budgeted •xp•nditure for".he next year is £63,750. So, the charity is tomply'.ryg with it5 reserwes policy. INVESTMENT POLICY The Trustees have Considered the rno5t aPPTopriate policy for investing fvjnds and have decided that at least three maTrths' worth of expendrcure sho&ld t)e kept in diryctw a¢¢essible cash. Addit',on31ty, surplus funds are to be lodged for Invostm•nt wlth CCiA Investrnent Management Ltd. Invested funds Can b0 ¢onverted back to cash. as required, wf(hin ov.e week's notice. TRusfEES RESPONSIBIUTIES chartY law requlres the Trustee5 t¢ prepare finanknial SEatemeits Tor earh financial year which give a trkne and air view CTrf the state of affalrs of the chority and of the surplus ordef4cit of the charity for that perlod. In preparlng those financial statements, the Trustees are required to.. selèct SUable acEoJnttng poli£Tres and then appty tllem consistently., make judgments and estimates thèt are reasop.able ènd prudent,- prepare the ffnancial statements on tht going concern basis unless it is inapproprlate to pvpsume that thé charity will continue to operate. The TrLstees are responsible for keeping proper èctount..'ng records which disclose with reasonable atturacy at any titne, the financial position ol the chèrrty and to enable th2m to ensure that the financial statements comply with the Charitie5 Act. Tiey aLso respons.'ble':or safegu?rdin8 the assets of the charity and, hence. fortaking reasonable steps for the prevention and detection of fTrud and other irregularities. Approved by the PCC on and signed on f($ behalf gn 5" Marrh 2024 by: SIEned.. R Jones Name-. Reverend Becky Jones
St Mary's Churth. Leamington Spa For the Year Ended 31 December 2023 Page 10 IndepÈndÈnt &aminer's Report to the Parochlal Church Coundl of St Mary'5 thurch, Leamlngion I'the tharlty") I report to the members of the PCC Iwho are also the ¢harity's trustees) on my exarninaticn of the accounts of the Charity for the year ended 31 Decerrber 2023 on pages 11 to 22 following, which have been prepared on the basis of the accounting policies set out page 13-15. Re$ponslbllltles and ba$15 of report A5 members of the PCC you are responsible forthe preparation of the actounts in accordance with the requlrements of the Ch?rlties Act 20111'the Act'l. I report In respect of.rty exarnination of the Charity's attourrts carrted out tsnder 5ertion 145 of the Art and in carrying out my exaylnation I have followed all the applicable D"'recrions given by the Charity Commission under section 14515llbl of the Art. Independent examlner'$ statement I have completed my examiftation. I confirm that no matters have come to my attention in wnnertion wlth the exarnination givln8 me "ause to belleve: l. accounting records were not kept in respect of thè Trust as required by se¢tion 130 of the Act,. or 2. the accounts do Dot accord wrth those records,. or 3. the accounts do not comply with the applicable requirements conceming the form and content of account5 set out in the Charities IIA¢coup.t5 aDd Reports) Regulations 2W8 otier than any requirement that the accounts give a 'true and fal¢ view which is not a matter considered as part of on independent examination. have no concerns and have come across no other matter5 in connection wfch the examination to which attention should be drawn in this report in order to ènable a proper understanding of the account5 to b? reached. Signed by.. Lisa Darby FCA Dated- 2nd April 2024 Institute of Chartered Accountsnts in England and Wale5 For and on behalf of.. stewardship l Lamb's Passage London ECIY 8AB
stmas Cfrurth, Loamlngton 5P• ststem8nt of Flrtrandol A¢tbAd For ith$Y6Ar Endod 310ecember 202Y Pile Ll All R89tr1rted Fund$ 2023 Total All Funds 2023 Total Unrostrtthd Fundi 2023 Pundi 2022 INCOME ENDOWMENTS FROM,. Don&doni and lev11 Charthblo R¢tsvlt'. Lxhw tr4dln8 aCtivltlEs Investmènt In¢aMe 137,531 ,579 13,074 9,442 6,675 31,150 675 227 144.006 60,729 13,749 9,669 S02.380 42,884 13,823 6,831 Tots Tncarn• alld ?nduwm•nts 189A28 38.728 224154 565,$28 EXPENJITURE CN; Ch•ritsble Oth•r '. 59.7675 58,2Q2 237,9SB ,Q17 242,918 4,138 Total e¥r¢•I Exp¢ided 38,202 259,98) 247,055 Not Inc¢mellE)pwdltur•l bgfoTe bNe#Ment 11(1¢¢S end •xtsiordill•ly Item$ 112,3È81 526 111,8.311 118,371 Met 83ln$/llp$8¢$1 an in.vgym8nts 13 231246 128,1311 Net IhtorfiellExpèAdlturel bthTe extraordlnary items 10,868 528 11,395 YO,740 Ehtriordin4ry txp8ndltiJi4 1142.5711 11445711 Tr&nslers between futtds 17 3,65G 3,650 Net M¢yJement In Funds 1134 353.. 4,176 1. 31,1761 90,74D Recondllatlall of fund5: Totsl funds brought fcrward $87,489 177,261 764,750 674,010 T4161 fvnd5 G3¥ried forward 17 181,438 633,574 764,750 Nots.. Due to rour¢dlng, diff8rencÉs of a rfta¥ app•èr. The 5tstsmgnt ol flllallcSal actlvlt18s Includes ill glns2nd losses recogntsd In thdyeHr. All Income Ind expondilure derlye Irom continuir@ operations. The notss on paEes I>U form per£ of thes8 accounts
St Mary's Church. Leamlngton Spa balance se1 For the Year Ended 31 Dember 2013 Page 12 All Unrertrlcted Fund5 2023 Totsl Total Restrlcted Funds 2023 FurMIJ 2023 Funds 2022 Note FIXED ASSEfs Tangible assets li 172.494 139,278 311,772 315,561 172.494 139,278 311,772 31¢,561 CURRENT ASSErs Debtors Investments Cash at bank and In hand 6,793 270.095 124AII 221 7,014 270.095 167,21 0 6.895 246,869 215,650 13 14 42,399 401,698 42,620 444,319 469,414 CREDITORS: Amounts falllng due wlthln one year f4Ef CURRENT ASSET5ILIABILTIES 122,057 279.641 459 122,516 321.803 20,224 4149,=90 Total assets less current Ilabllitle5 452,136 181,438 633,574 7&1,750 TOTAL ASSErs 452,136 181,438 633,574 7S4,750 FUND BALANCES 17 Unrestricted fuDd5 Gene1 funds Designated funds 2[.877 191,259 4C2,136 260.877 191,259 452,136 380,991 206.498 587,489 Re5triEted Funds 181,438 181,438 181,438 633,574 177,261 764,750 452,136 The Ilnancial statements were apprtsved bythe fl¥emr$ of the PCC on 5th March 2024 and were signed ()n its behalF by.. SIEned RJc>nes Name.. Reverend Becky Jones Chairperson of PCC CharTty number.. 1132095 The notes on pages 1>21 form part tstthese accounts
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