The Parish of St Cuthbert and St Aidan, Copnor
Annual Report
of the
Parochial Church Council
for the year ended
31st December 2022
St Cuthbert’s Church , Lichfield Road, Copnor PO3 6DE St Aidan’s Church , The Lodge Community Centre, Sywell Crescent, Anchorage Park, PO3 5UB
www.stcuthbertandstaidan.org.uk
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Some background…
The parish of Copnor, St Cuthbert and St Aidan comprises two churches and covers a substantial area to the north east of Portsea Island. St Cuthbert’s Church is situated in the Baffins area of Portsmouth and St Aidan’s serves the community in Anchorage Park, a housing development created in the 1990s to the north of the parish.
We are Anglican churches within the Portsmouth Deanery of the Diocese of Portsmouth.
Who we are
During the year the following served as ex-officio members of our Parochial Church Council (PCC):
Incumbent: The Reverend Allie Kerr, Chairman Assistant Priest: The Reverend Carol Gully Reader: Richard Shurmer
Churchwardens:
Anne Gard (from 2016) Sally Harry (from 2020)
Deanery Synod Representatives:
Steven McDermott Adrian Kerr
Elected Members:
Mary Bish, Jerry Brushwood, Martine Hebblethwaite, Bev Hill ( Safeguarding rep ), Noreen Jeffery, Richard Martin, Lauren McDermott , Sheila McKeown ( St Aidan’s rep ), Alan Phillips, David Stemp, Sue Walker, Sue Wells ( Safeguarding rep ).
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Co-opted Members:
There are currently no co-opted members. Alan Phillips, Treasurer, was a co-opted member in 2022 but has since been elected as a member of the PCC.
Committees
The PCC was supported by the following committees:
Standing Committee Finance Team St. Aidan’s Committee Youth and Children’s Work Team Safeguarding Team Pastoral Care Team Fabric and Operations Team
The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll. Members are eligible for, and invited to stand for, election to the PCC.
Aims and purposes
St. Cuthbert’s Parochial Church Council (PCC) has the responsibility of working with the incumbent in promoting the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
Objectives and Activities
Our objectives can best be summarised as follows:
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To worship God, personally and corporately;
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to make known the good news of Christ;
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to serve those in need, locally and globally;
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and to continue to grow as a loving, open Christian community, filled with the Holy Spirit.
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The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at St. Cuthbert and St. Aidan. The PCC maintains an overview of worship throughout the parish and makes suggestions on our services. Our services and worship put the Christian faith into practice through prayer and scripture, music and sacrament.
When planning our activities for the year, we have considered the Commission’s guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. In particular, we try to enable our members to live out their faith as part of our parish community through:
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Worship and prayer; learning about the Gospel; and developing their knowledge of and trust in Jesus.
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Provision of pastoral care for people living in the parish. Mission and outreach work.
To facilitate this work it is essential that we maintain the fabric of the Church of St. Cuthbert Portsea.
Achievements and Performance
Worship and Prayer
The PCC is keen to offer a range of services during the week and over the course of the year which bring glory to God and which our community finds both beneficial and spiritually nourishing.
All are welcome to attend our regular services. These include weekly Sunday services at both churches, a monthly evening service at St Cuthberts, a regular, weekly Tuesday morning service, also at St Cuthbert’s together with monthly gatherings for Messy Church and Encompass, which is an informal service and social gathering, on the first Tuesday of every month, largely attended by older people.
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At the beginning of March 2023 there were 124 parishioners on the Church Electoral Roll.
Deanery Synod
The members who sit on the Deanery Synod are as stated in the details of PCC members. This provides the PCC with an important link between the parish and the wider structures of the church.
Review of the Year 2022 (Churchwardens’ report)
2022 saw the effects of the Covid pandemic virtually disappear with just a few lingering reminders like the way Communion is administered, masks and hand sanitizers still being available and the occasional mask wearing not causing any comment.
Our people: During some of this year, our Vicar, Allie Kerr, split her time between us and being Arch Deacon on the Isle of Wight. This did result in the appointment of David Barker as our Parish Manager, being paid by the diocese for six months. He is a huge asset and the church have subsequently employed him themselves. Cathy Phillips, our Parish Administrator, decided to resign in November after 15 years work in the role. We thank her for her devoted service to the church over many years.
David has taken on her tasks, including managing orders of services and bookings and recording of baptisms, weddings and funerals among other tasks like the staff rota.
Unfortunately, February saw the departure of Rajiv Sidhu to St. Mary’s Church where he felt he would be more suited to their churchmanship. We thank him for his work among us.
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Our worship: At the Evening worship, once a month, now called Sunday@7, attendance is growing and various topics are discussed informally with worship and prayer with people of all ages. The Sunday morning services have an average attendance of 45, and a more traditional service is provided each month as we try to cater for all of the congregation. The Encounter Service which we tried to attract all ages was discontinued as the numbers reduced over time, and we are still working out how to replace it with something that would cater for those seeking more about our faith but might have young children too. Bible study courses have been run for about 5 weeks at a time, but numbers were not as good as was hoped. This also applied to the Lent course and extra services in Holy Week, but in contrast the Easter Day service was extremely well attended. A service was led by the new Bishop at St Cuthbert’s when two members of the congregation were confirmed.
We were able to celebrate at St Aidan’s in September, which marked the 30 year anniversary since starting as a church in Anchorage Park. A joint service was held to mark the occasion - with cake of course!
St. Aidan’s has a routine of alternating Holy Communion and Morning Prayer every other week. A monthly prayer meeting has just been started to seek God’s guidance for the future.
The Anchorage Park Community Café still meets every month, with a big input from St. Aidan’s congregation, and they had a Jubilee Party in June. They now have a new microphone system and a new flag to put outside the Lodge each week to show their presence to passers-by.
Our church and centre activities: After the final closing of the Trust running the centre, the church and centre are now being seen and run as one entity. The whole of St. Cuthbert’s church building is in constant daily use, both in the worship space and community rooms and has a busy and congenial atmosphere with all ages accessing a huge variety of activities.
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David Barker, works four days a week in the centre, focusing at first mainly on publicity, branding and marketing of the centre and its hiring possibilities and then secondly on the building, including maintenance and health and safety checks. David has done a lot of networking and centre bookings are constantly improving and changing.
They now include a Food Pantry in the Harmony Suite twice a week, working with the volunteers from The Hive. Volunteers cleaned the building for a long time until in August we employed a cleaner who now works 2 hours each day. We also have a paid gardener, who works up to 8 hours a month in the grounds, as and when it is needed.
Stay and Play, our group for babies, toddlers and their carers each week is growing constantly and is proving a big part of our mission outreach with lots of the families coming to and taking part in the Crib service at Christmas and some showing interest in arranging baptisms for their children.
The Youth Group is still meeting fortnightly and bringing young people together for games and activities.
The Bereavement Drop In still continues , but is linking with the Co-op Funeral Directors in the future to confirm there is a need for this group.
The Café is now well established and links are being made with the people who come to activities in the centre. It is sometimes very crowded which is lively, busy and profitable, but what we were aiming for.
The weekly Lunch Club and Life Matters and monthly Encompass cater for the more elderly members of our church family. In May we celebrated being back in the worship space 10 years after the re-ordering – where has that time gone?
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Sadly, this year saw the disbanding of Helping Hands our community volunteer group, where Covid saw an almost total absence of requests for jobs to do and a big decrease of volunteers to carry out those jobs.
The Christmas Tree Festival this year was very, very busy and it was great to welcome in lots of people from the parish and further afield. Other appreciated events included 3 concerts, covering three distinct genres of music, a monthly board game afternoon/ evening, fayres in May and October and Parish Camp attracting many families on the fringe of our congregation.
Our church building: The building continues to be a concern with the roof having had to have 3 emergency repairs to it in 2022. We are hoping to engage an architect in early 2023 to advise us as we seek to further the complete repair of the roof. The upkeep, in good condition, of the building is a constant challenge with the huge job of re-pointing the brickwork outstanding and concerns about the roof and boilers always in the background. We are extremely grateful for the generous giving, which is keeping us in a good financial position and will be needed for the jobs mentioned.
On a day to day basis we continue to make repairs and do maintenance work as it arises, both with volunteers and professional help.
In addition we have managed to deliver some noticeable improvements this year. There is a new carpet in the Wells Smith room and in February 2023 we saw work start on clearing the tower of a build-up of pigeon guano in order to make access to the roof easier.
Over the past few months we have also seen completion of the carpentry work to match the first vestry in church.
We also commissioned a new large war memorial board in church to commemorate the lives of all those in our parish who
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died in the world wars, updating the memorial to include all the known names of those who died as more names had come to light in recent years following extensive historical research by Sue Walker. It is very impressive and an honour to them.
The year ahead: 2023 is not going to be quite as anticipated as Rev Allie Kerr is moving on to be an Archdeacon in Diocese of Rochester in April 2023. This means we will have an interregnum and we will be seeking a new vicar. This will be alongside our ongoing aim of keeping the church and centre going as we would like them to, extending a warm welcome to parishioners and those exploring a faith in Jesus, as well as looking after each other as our family here at the two churches.
As Church Wardens we would like to thank everyone, especially Allie, Carol and Richard for the support they have given during the past year.
Anne Gard and Sally Harry Church Wardens
Financial Report 2022
This report supports the Financial Statements for the year as presented at the APCM on 16th March 2023 (following approval by the PCC at the PCC meeting held on 16[th] February 2023).
Financially 2022 proved to be a good year. Overall a surplus of £16,700 was achieved.
Income
We were able to increase our income during the year from £129,521 (2021) to £161,134 (2022).
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This was largely due to the success of the Centre where room hire & the café provided a combined income of £38,825. This was a marked increase over 2022 but it should also be borne in mind that the latter year was one which saw the room hire transfer to the PCC only with effect from 1st June following the sad demise of the Trust.
Consequently from a PCC perspective, it was only a half year period. Nonetheless 2022 did show an encouraging expansion of income.
Income also increased in respect of service collections, various sundry donations, and in particular from fundraising activities. Concerts proved to be very successful.
Expenditure
In terms of Expenditure, “technically” this dropped from £169,614 (2021) to £144,433 (2022).
However, the 2021 figure included a “write off” of over £39,000 in respect of debts owed by the Trust. Leaving this to one side, expenditure rose by £13,828.
Part of this increase was very welcome as it reflected the growth in charitable giving in 2022 – notably for our 2021 Christmas Charity, the Roberts Centre, but also for appeals supporting Ukraine and the flood in Pakistan.
Other expenditure focused mainly around the cost of running the Centre – one example being a new carpet for the WellsSmith room which cost £4,392. Other than this, Insurance & the cost of the new portable staging were the main items, together with our Parish Share of £3,645.25 a month.
This year has also seen the number of bank accounts we hold reduce from seven to just two.
Two accounts with Allied Irish Bank ended - the Loan Account was sold off to Allica Bank and the AIB Business Plus Account
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was closed by AIB and the money therein transferred to our main CAF (Charities Aid Foundation) account.
In addition, four small accounts with the Church of England were also closed and funds transferred to our CAF Account (at the time of transfer these held just over £40 in total). This is reflected in Item 5 of the Notes to the Accounts.
Our Loan with Allica Bank continued to reduce as monthly payments were made but due to a number of bank interest rate increases there was a negative effect on the speed of the repayments as a growing sum was spent on interest due. Consequently, the loan is currently scheduled to be paid off in October 2028 (4 months later than originally estimated before the bank rate increases).
Looking to the future, our main expenditure is likely to be in regard to the work required in respect of the roof and also the tower. Maintaining a prudent financial base will provide a sound foundation for this anticipated extra expenditure.
Finally, it can be confirmed that the Accounts have been approved by the PCC and also certified by the Independent Examiner.
Alan Phillips - Treasurer
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Registered Charity No.1132140
ST CUTHBERT’S CHURCH, COPNOR WITH ST. AIDAN ANCHORAGE PARK
Balance Sheet as at 31st December 2022
| Balance Sheet as at 31st December 2022 | |||
|---|---|---|---|
| Note FIXED ASSETS Tangible Assets CURRENT ASSETS Debtors 6 Long Term Debtor 11 Loan to St Cuthberts Trust 7 Cash at bank and in hand 5 Liabilities Creditors : amounts falling due within one year 8 Net Current assets / [Liabilities] Long Term Liability - AIB Loan 11 Total Net Assets Capital and Reserves General Funds Endowment Funds Restricted Funds 9 |
31-Dec-22 £ £ 0 3,732 106,711 0 74,779 185,222 16,843 168,379 -114,636 53,743 46,544 0 7,199 53,743 |
31-Dec-21 £ £ 0 3,051 130,927 0 56,852 190,830 16,800 174,030 -136,987 37,043 27,743 0 9,301 |
31-Dec-21 £ |
| 0 | |||
| 174,030 -136,987 |
|||
| 37,043 | |||
| 27,743 | |||
| 0 9,301 |
|||
| 37,043 |
Approved by the Parocial Church Council on
and signed on its behalf by
Registered Charity No.1132140
ST CUTHBERT’S CHURCH, COPNOR WITH ST. AIDAN ANCHORAGE PARK
Statement of Financial Activities
For the year ending 31st December 2022
| Note INCOMING RESOURCES Voluntary Income 2 [a] Activities for Generating Funds 2 [b] Income from Investments 2 [c] Income from Church Activities 2 [d] Other Incoming resources 2 [e] Community Centre Income 2 [f] Surgery rent 11 Total Incoming Resources RESOURCES EXPENDED Church Activities Missionary & Charitable giving3 [a] Ministry 3 [b] Church Running & Maintenanc3 [c] Magazine and Bookstall 3 [g] Upkeep Churchyard/Grounds 3 [d] Church Administration 3 [e] Fundraising Costs 3 [e] Trust Loan write off debt 3 [e] Community Centre Expenditure 3 [f] Interest on AIB loan 11 Deferred charge - surgery rent 11 Total Resources Expended Long Term Debtor ) Previous Year Adjustment ) NET MOVEMENT IN FUNDS Balances brought forward BALANCES AT YEAR END |
Unrestricted Restricted Endowment Funds Funds Funds 2022 2021 £ £ £ £ £ 66,032 4,115 0 70,147 66,595 6,937 3,424 0 10,361 3,863 47 0 0 47 0 1,101 0 0 1,101 2,309 12,916 72 0 12,987 10,863 38,825 0 0 38,825 18,237 27,666 0 0 27,666 27,655 TOTAL FUNDS |
|---|---|
| 153,523 7,611 0 161,134 129,521 |
|
| 290 4,810 0 5,100 3,597 45,247 517 0 45,764 45,139 18,769 2,659 0 21,428 25,575 0 0 0 0 0 1,111 641 0 1,752 9 14,235 0 0 14,235 15,286 1,480 611 0 2,091 428 0 0 0 0 39,009 25,811 585 0 26,396 12,915 3,450 0 0 3,450 2,235 24,216 0 0 24,216 25,420 |
|
| 134,609 9,824 0 144,433 169,614 |
|
| 0 0 0 0 18,914 -2,213 0 16,701 -40,092 29,853 7,190 0 37,043 77,135 |
|
| 48,767 4,977 0 53,743 37,043 |
ST CUTHBERT’S CHURCH, COPNOR WITH ST. AIDAN ANCHORAGE PARK Registered Charity No.1132140
Notes to the Financial Statements
For the year ending 31st December 2022
1 Accounting Policies
The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the Charities Statement of Recommended Practice [SORP] 2005.
Funds
General funds represent the funds of the PCC that are not subject to any special restrictions regarding their use and are available for application to the general purposes of the PCC. These include funds designated for a particular purpose by the PCC but which are not otherwise restricted.
Restricted funds represent donations and grants received for a specific object or invited by the PCC for such and they may only be expended for that object. Any balance at the end of each year is carried forward.
The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of other Church groups that owe their main affiliation to another body, nor those that are informal gatherings of Church members.
Incoming Resources
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Collections are recognised when received by or on behalf of the PCC
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Planned giving receivable under covenant is recognised only when received
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Income tax recoverable on covenants and gift aid donations is recognised when the income is received
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Grants and legacies to the PCC are accounted for when received by the PCC
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Funds raised by fete,garden party and similar events are accounted for gross
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Sales of books and magazines from the bookstall are accounted for gross
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Rental income from the letting of the doctor's surgery has been recognised as a provision against the loan as this is assured
Resources Expended
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Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC
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The diocesan quota or parish share is accounted for when payable. Any quota unpaid at 31st December is
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provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the balance sheet
Fixed Assets
Consecrated and Beneficed property is excluded from the accounts in accordance with s.96(2)(a) of the Charities Act 1993
No value is placed on movable church furnishings held by the Church Wardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA and separately disclosed.
The Church considers that it holds no fixed assets though the capitalisation policy is held. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired. Current Assets
Amounts owing to the PCC at 31st December in respect of fees, rent, or other income are shown as debtors less provision for any amount that may prove uncollectable
Short-term deposits include cash held on deposit either with CBF Church of England Funds or at a bank.
Notes to the Financial Statements
For the year ending 31st December 2022
2 Incoming Resources
| [a] Voluntary Income Planned Giving: i Gift Aid Donations ii All Tax Recovered iii Other Giving iv Collections of cash at Services v Gift Days & Sundry Donations [b] Activities for Generating Funds Fund Raising [c] Income from Investments i Dividends and Interest ii St Cuthberts Trust Loan repayment [d] Income from Church Activities i Fees for Weddings/Funerals etc ii Bookstall [e] Other Incoming resources i Administration/ Utility Charge ii Contribution towards Insurance iv Messy Church v Other Income [f] Community Centre Income i Community Café ii Room Hire iii All Other 3 Resources Expended [a] Church Activities Missionary & Charitable giving i Overseas: ii Home Mission iii Secular Charities [b] Ministry i Diocesan Parish Share Other Ministry Costs ii Upkeep of Services iii Working Exps of the Incumbent iv Assistant Staff v Support Costs [c] Church Running & Maintenance i Church running expenses ii Church Maintenance |
Unrestricted Restricted Endowment Funds Funds Funds 2022 2021 £ £ £ £ £ 40,695 40,695 40,074 11,166 0 11,166 10,660 4,426 4,426 5,520 2,596 3,165 5,762 3,933 7,149 950 8,099 6,408 TOTAL FUNDS |
|---|---|
| 66,032 4,115 0 70,147 66,595 |
|
| 6,937 3,424 0 10,361 3,863 |
|
| 47 47 0 0 0 0 |
|
| 47 0 0 47 0 |
|
| 1,101 1,101 2,309 0 0 0 |
|
| 1,101 0 0 1,101 2,309 |
|
| 3,522 3,522 4,721 2,601 2,601 3,154 0 0 0 6,793 72 6,865 2,988 |
|
| 12,916 72 0 12,987 10,863 |
|
| 9,844 9,844 5,026 28,981 28,981 13,211 0 0 0 |
|
| 38,825 0 0 38,825 18,237 |
|
| Unrestricted Restricted Endowment Funds Funds Funds 2022 2021 £ £ £ £ £ 0 2,100 2,100 508 50 395 445 2,047 240 2,315 2,555 1,043 TOTAL FUNDS |
|
| 290 4,810 0 5,100 3,597 |
|
| 43,743 43,743 43,145 440 404 844 545 708 708 879 340 340 409 16 113 128 162 |
|
| 45,247 517 0 45,764 45,139 |
|
| 15,895 259 16,154 20,423 2,874 2,400 5,274 5,152 |
|
| 18,769 2,659 0 21,428 25,575 |
Notes to the Financial Statements
For the year ending 31st December 2022
| iii | Magazine and Bookstall | 0 | 0 | 0 | 0 | ||
|---|---|---|---|---|---|---|---|
| [d] | Upkeep of Churchyard/Grounds | 1,111 | 641 | 0 | 1,752 | 9 | |
| [e] | Church Administration | ||||||
| i | Wedding/Funeral Fees | 774 | 774 | 1,049 | |||
| ii | Diocesan Loan Charges | 0 | 0 | 0 | |||
| iii | Church Administration - Other | 4,337 | 0 | 4,337 | 7,140 | ||
| iv | Expenditure for St Cuthbert's Trust | 0 | 0 | 0 | |||
| v | Salaries - Payroll Expenses | 9,124 | 9,124 | 7,097 | |||
| 14,235 | 0 | 0.00 | 14,235 | 15,286 | |||
| vi | Fundraising Costs | 1,480 | 611 | 0 | 2,091 | 428 | |
| [f] | Community Centre Expenditure | ||||||
| i | Community café | 2,907 | 585 | 0 | 3,493 | 2,623 | |
| ii | Centre running expenses | 16,440 | 0 | 16,440 | 3,762 | ||
| iii | Centre maintenance | 246 | 0 | 246 | 3,291 | ||
| iv | Utilities | 6,217 | 0 | 6,217 | 3,230 | ||
| 25,811 | 585 | 0 | 26,396 | 12,915 | |||
| **4 ** | Extraordinary Items | 2022 | 2021 | ||||
| £ | £ | ||||||
| 0 | 0 | ||||||
| **5 ** | Cash at Bank and in Hand | 31-Dec-22 | 31-Dec-21 | ||||
| £ | £ | ||||||
| Current Account - CAF | 74,616 | 33,851 | |||||
| AIB account | 0 | 22,811 | |||||
| Bequest | 0 | 11 | |||||
| Fabric Fund | 0 | 10 | |||||
| General Fund | 0 | 10 | |||||
| Organ Fund | 0 | 10 | |||||
| Petty Cash | 163 | 148 | |||||
| Butterflies Account | 0 | 0 | |||||
| 74,779 | 56,852 | ||||||
| **6 ** | Debtors | 31-Dec-22 | 31-Dec-21 | ||||
| £ | £ | ||||||
| St Cuthbert' Trust | 0 | 0 | |||||
| Surgery | 0 | 0 | |||||
| Gift Aid claim | 2,697 | 2,736 | |||||
| Other Debtors | 1,035 | 315 | |||||
| 3,732 | 3,051 | ||||||
| **7 ** | Loan to St Cuthbert's Trust | 31-Dec-22 | 31-Dec-21 | ||||
| £ | £ | ||||||
| 0 | 0 | ||||||
| **8 ** | Creditors : Amounts falling due within one year | 31-Dec-22 | 31-Dec-21 | ||||
| £ | £ | ||||||
| Other Creditors | 43 | 0 | |||||
| St Cuthbert's Trust | 0 | 0 | |||||
| Charitable Organisations | 0 | 0 | |||||
| AIB Loan | 16,800 | 16,800 | |||||
| 16,843 | 16,800 |
Notes to the Financial Statements
For the year ending 31st December 2022
| 9 Restricted Funds Church Roof Stained Glass Windows Ride & Stride Memorial Garden Charitable Giving Puppet Theatre Flower Arrangements/ Festival Messy Church Connexion 200 Club Parish Camp Youth Work Bishops Lent Appeal Alternative Worship Church Lighting Gift Day Vestry St. Aidan's Butterflies PFH Projects |
Balance Balance 01-Jan-22 Income Expenditure Transfer 31-Dec-22 £ £ £ £ £ 2,308 690 1,980 1,018 0 0 0 0 0 375 375 0 531 110 641 0 1,408 3,749 4,415 742 14 0 0 14 252 176 404 24 38 0 0 38 585 0 585 0 2,750 1,299 611 3,438 828 0 141 687 0 434 30 403 0 20 20 0 119 0 0 119 0 0 0 0 6 0 0 6 0 0 0 0 462 0 0 462 0 0 0 0 0 1,462 1,222 240 |
|---|---|
| 9,301 8,315 10,425 7,190 |
Restricted funds are wholly represented by cash reserves of the charity. Charitable giving - during the year specific charitable collections are made for identified charities Memorial garden - this arises from a special appeal for funds to maintain the memorial garden.
| 10 Paid Employees Salaries Employers NI Pension Costs |
31-Dec-22 31-Dec-21 £ £ 8,571 6,546 553 551 |
|---|---|
| 9,124 7,097 |
No employees earned £60,000 or more during this accounting period. The PCC operates a PAYE scheme though some payments are made on a self-employed basis.
The average number of full time equivalent persons employed, analysed by function was:
| rage number of full time equivalent persons employed, analysed by function was: ayments are made on a self-employed basis. |
|
|---|---|
| Management and Administration Sanitation |
1 1 1 0 |
| 2 1 |
No payments were made to PCC Members during the financial period. The wife of a PCC member was employed as adminstrator with approval of full PCC during the year. No material transaction took place between the Church and a PCC Member or any person connected with them.
Notes to the Financial Statements
For the year ending 31st December 2022
11 Long Term Liabilities and Debtors
| ng Term Liabilities and Debtors | |||
|---|---|---|---|
| 2022 | 2021 | ||
| £ | £ | ||
| Long Term Liability-AIB/Allica Loan | |||
| Accumulated Loan and interest b/f | 153,787 | 177,351 | |
| Interest accrued in Year | 3,450 | 2,235 | |
| Repayment made in year | -25,800 | -25,800 | |
| Accumulated Loan and interest c/f | 131,436 | 153,787 | |
| Due for payment within one year | 16,800 | 16,800 | |
| Longterm Liability c/f | 114,636 | 136,987 | |
| Long Term Debtor-PCT Surgery Renta l |
|||
| Rental debtor to meet accumulated Loan and interest | 130,927 | 156,347 | |
| Received and held in bank | 24,216 | 25,420 | |
| Temporary Cash flow loan in bank | |||
| Long Term debtor remaining | 106,711 | 130,927 |
Rental Income from the development is contractually assured and has previously been provided for in the accounts. The income is held in a separate bank account and earmarked for the payment of the loan and accumulating interest.
12 Reserves Policy
The PCC have considered the level of reserves they wish to, and are able to, retain as appropriate to the needs of the Church.This is based on the size and level of commitments and an operating balance of approximately £3,000 in the current account is maintained for cash flow purposes and to fulfil operational commitments.
Independent examiners report to the PCC of St Cuthbert’s, Portsmouth on the Accounts for year ended 31[st] December 2022
The report on the financial statements of the PCC for the year ended 31[st] December 2022, which is set out in the Annual Report, has been carried out in accordance with the Church Accounting Regulations 2006 and s.43 of the Charities Act 1993.
Respective responsibilities of the PCC and Examiner
As members of the PCC you are responsible for the preparation of financial statements and you consider that the audit requirement of the Regulations and s43(2) does not apply. It is my responsibility to issue this report on those financial statements in accordance with the terms of the Regulations.
Basis of this report
My examination has been carried out in accordance with the General Directions given by the Charity Commission under s.43(7)(b) of the Act and to be found in the Church guidance dated 2006. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with the records. It also includes considering 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 in an audit, and consequently do not express and audit opinion on the view given by the accounts.
Independent examiners statement
In connection with my examination, no matter has come to my attention:
Which gives me reasonable cause to believe that, in any material respect, the requirements;
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●To keep accounting records in accordance with section 41 of the Act; to prepare statements which accord with the accounting records and comply with the requirements of the Act and the Regulations; have not been met.
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●Or to which to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.