IFIt CHURCH OF ENGLAND l)j(K{>s(i i)1 Ili)Ili & Wc,115 . Lord. you have been our dwellln8 place In all 8eneratlons. (Psalm 90.1)" The Parochial Church Council of the Parlsh of Yatton Moor Annual Report & Financial Statements For the year ended 31 December 2023
Yatton Moor Parlsh Report of the PCC Forthe year ended 31 December 2023 THE YATTON MOOR PCC has a fesponslblllty. with the Team clergy, to consult toÈether on matters of general concern and Importance to the parish. The church is called to be posrortsl- to look after individual people,. to be engaged in mission - telling the Good news, nurturing new believer5, to respond to human need with lovlng service,. to seek to challenge unjust stTUCture5, and to strive to safeguard the integrity of creation, and to be ecumenical- to encourage gotsd relations with other Christian denominations. The PCC is responsible for the maintenance and repair of the churches of St Mary'5, St John's, and All Saints,, and for the movables in the churche5 and for the churchyards at All Saints, and St. John's. The objective of Yatton Moor PCC Is to fulfil its aim and purpose through it5 activities. In so doinE It is mindful of three factors: As Chrlstians we believe we cannot fulfil our oblectlves without the guidance and work of God's Holy Spirit at work within us. It would not be possible to achieve our L)bjectives without the considerable contribution of volunteers within the life of the church and the PCC is Brateful to them for all that they do. 3. The encouraging, supporting and equipplng of laity in the churche5 rernains a priority. The PCC has had regard to the Charity Commission public benefit guidance, where relevant. An outline of activities and achievements of the past year are highlighted under the following headings below. Further specific details of activities may be given at the Annual Parochial Church meetings. l. Staffing 2. Safe8uarding Worship and prayer Mlssion, including Link5 Wlth schools and young people 5. Care of Church buildings 6. Open Churches and Occasional Offices Finance 8. Charitable Givin8 The last parish Rector. Revd Tim Scott left in May 2022 and our Team of five churches Ithe three churches of the Yatton Moor parish, and the two churches of the Cleeve with Claverham parlshl Is moving from having two full- time stlpendiary priests plus one house-for-duty priest to having a single stipendiary priest and one hous&for- duty priest. A process is also under way to formally change us from a 'Team ministrl to a United Benefice. This process has absorbed a lot of our energy during 2023, both in working with the diocese to be ready to be@in an appointment process and Ifrom the autumn of 20231 in preparing a parish profile. We are very grateful to those who cornmitted 518nificant time and effort to this process.
Yatton Moor Parish Report of the PCC Forthe year ended 31 December 2023 l. Staffing The Yatton Moor parlsh employs a total of 12 staff.. 7 Pre-school staff, l Team Administrator, 3 organistslkeyboard players and l Musle Leader. In addition to the employed staff there are.. l Lay Worshlp Assistant Iholding the Bishop's Commendation), 2 Pastoral Assistants Iholdlng the Blshop's Commendation), 2 Licensed Readers lone of whom has become less actlve thls year through ill health), 5 Cler8y- Team Vlcar (full timel, House for Duty prlest12 days per week plus Sundaysl and 3 retired dergy. We have also been supported by rÈtirÈd Blshop Mike Hill. At the time of writinE thls report the house-for-duty priest Rev Fran 8inding retired in Feb-24 and the Team Vicar Rev Nigel Thomas left at the end of March. 2. Safeguarding We continue to have in place a strong team of Safeguarding Offlcers across the Team and we thank them all. We have in place a clear process of Safer Recruiting within the Team and continue to work within the guidelines of the House of Bishops policy and all necessary DBS, Sèfer Recruiting and training is in place as requlred. The most recent training event In November 2023 covered Domestic abuse. 3. Worship and prayer The ongoing life of worship and prayer has continued throughout the year. with one or two servlees each Sundav across Kenn and Kingston Seymour. and a Sunday service each week at st Marys, except for combined team service5 on 5 Sundays In a month. servIs marked Ash Wednesday, Holy week, Ascension, and Christmas as sual. Morning Prayer online on two days a week continued to provide a valued opportunity for 6- 10 people across the five Team churches to be together. Service5 have been divided about equally between eucharlstic worship, and servlces of the word, with 'AII together in Church, 5eTvices for families at Kenn and Kingston. Non-eucharistic worship has been led by both clerÈy and lay leaders. Regularworshippers lal least once per monthl for the three churches total 143, compared with 135 in 2022 post-covid. There has been a small increase at each church. 4. Mission Our churches have emphaslsed being plaS of welcome and worship. 'All Together in Church, servlees and festlval services at Kingston Seymour and Kenn have continued to include some families with children. Families with children are not regularly seen at St Mary's, but we have seen new adults attendin8. Some are sharing time between St Mary's and a neighbourinB parish where services are not held every Sunday,. some have transferred from there. and some have begun attending after a move or a return to churth. Hospitallty has been a hallmark of our mission and provides a way of linking wlth a wider section of our community. All Saints, held regular cream teas from Easter to the autumn and social events Such as a Burns night. These both raise funds and tonnect people with their church. St Mary's held monthly coffee mornings. In response to the sharp increase in energy cost, a 'warm welcome, was Started at St Ma5 as a weekly after- school club. About six parents and ten children began coming regularly and asked for it to continuÈ past the
Yatton Moor Parish Report of the PCC For the year ended 31 December 2023 winter. It has contTnued In term time since then and remains popular. Out of that group a small junior muslc session has begun on Friday evenin85,' It was a particularjoy to witness them sing a verse of a carol at Christmas. St Mary's Pre-school ha5 continuèd to serve the community with its staff providing suitable activities Monday to Friday mornings during term time. Links with Yatton Schools have included our house-for-duty priest going Into the school and the school using St Mary's for several services through the year. 'Open the book. assemblies were 5upportÈd by one church member through most of 2023,. an èctlvlty organised by the local Methodist church. Links have yet to be fonned with the new Chestnut Park School. Believers and a 5rnall number of new bellevers have been nurtured by a home 8roup run by our house-for-duty prie5t,' by a mid-week teaching series such as the 'Bible course,, whlch was run for two groups, and an on-line Advent p¥eparation tourse. Monthly ServIS have been conductèd at the Strawberry Gardens assisted living home, and occasionally at the thrèe other homes in our area, including home communlon visits. The Yatton and Winscombe Chorale la group re¢oÈnlsed as a'PCC activity'l have continued to meèt and practi in St Mary's Chapter House. 5. Care of the church buildings There has been active work at each of ihe Yatlc>n Moor Parlsh churches to care for the buildings. St Mary's renewed the speakeis and amplifler for the sound system, and installed approved fencing round the play area used by the Pre-school. However, the number of leaks in the roof have increased while efforts to find a contractor to do lead work have not progressed. All Saints, repaired a blocked chimney flue and applied woodworm treatment to some timbers. St john'5 has worked through the review of 'ernergency faculty, (which led to the removal of rotten Seats and the creation of an open space at the front of the church) and has prepared a fa¢ultyfof further reordering and a change to the doors to make the church more accesslble and welcoming. 6. Open churche5 and occasional offices. We pay tribute and give thanks to many people including those who open and lock up, keep the buildinBS clean, those who provide and arrange flowers, those who change seasonal furnishin85 and to thè bell rlneers. All these thing5 make the ¢hureh buildings places of welcome for people whether they come for quiet reflection, a5 a vlsitor to the heritage Iclevedon ArchaeoloEV group were welcomed to St Marys thi5 year). to a milestone event or for regular worship. Durlng the past year we have had a number of "occasSonal offices" across the team.. Baptisms- Total: 7.. IYatton-5, K/S-I, Kenn-11 Funerals- Total 22.. IYatton-12, Kenn-6, K/S-41 Weddings- Total 6.. IYatton-2. Kenn- I, K/S-31 We read 2 sets of 'Banns only, for couples living in our villages who were to be marrled elsewhere.
Yatton Moor Parlsh Report ofthe PCC Forthe year ended 31 December 2022 7. Finance We wish to pay tribute and give sincere thanks to our Treasurer and all those who have been involved in the finaneial aspects of the mission and ministry of the Parish. The Parish share for 2023 was paid in full, thanks to the si8nificant generosity of all those who give to maintain the life of our churche5 and those who are active in fundraisin8. Charitable giving. In line wlth the policy set by the Yatton Moor PCC of Elvlng away 5% of all general fund lunrestrictedl income from planned giving, collectlons and income tax recovered thereon, £6,000 was given to charities in 2023 from the Yatton Moor PCC. In addition we have made special collections to the sum of £3,106
Yatton Moor Parlsh Administration Details For the year ended 31 December 2023 The Parish of Yatlon Moor comprises of three churches St John, the Ev3ngelist, Kenn, All Saints, Kingston Seymour and St Mary the Virgin, Yatton. The churches are part of the Port15head Deanery and the Diocese of Bath & Wells. The Parish of Yatton Moor is part of Yalton Moor Team Ministry, which includes the parSsh of Cleeve with Claverham. Yatton Moor Parochial Church Council I'PCC") is a corporate body established by the Church of England and operates under the Parochial Church Councils Ipowersl Measure 1956. Charlty Number: 1132177 Addrèss: The Team Office, St Mary's Church, Church Road, Yatton, North Somerset, BS49 4HH Clergy.. Re¥ld Nigel Thomas Ireslgned March 20241 Re¢d Fran Binding (resigned Il, February 20241 Rerfd John AnÈle Re¥ld Avril Gaunt Re¥ld Richard Taylof Clèrgyi non PCC members: Lay Chalr: Lesley Farrall lie5i8ned 8, NovÈmber 20231 Paul Stalder Mike Cooke17' October 20231 Readers: Treasurer.. Karen Baber, FCA Churchwardens: Le51ey Farrall (St Mary's resigned 8, November 20231 John Dickinson1St Mary's) John Ball 1st John's) Julia Bush (St John's) Sue Thomas IAII Saints'l Deputy Churchwardens., Jonathan Kelly (St Marvsl Pru Witter (St Mary's) Caroline Holden 1st lohn'sl lenny Pascoe (St lohn'sl john Allday IAII Salntsl Ilohn died in March 2024,. rest in pea) jackie Harris IAII Salntsl Sue Lang IAII Saints) Judy Seward IAII Saintsl Robert Manley (St Mary's) (non PCC member) Ann Long 1st Mary's) Sian Buckley 1st Marvsl Assoclate Church Wardens.. Elected Members: sian Buckley-Lewis (St Maiwsl Mike Cooke (St Mary's) Val Dickens (St Mary's) Caroline Holden 1st lohn'sl Ann Holtham (St lohn'sl Margaret Ball (St lohn'sl Leonie Allday IAII Saints'l Sue Lans IAII Saints'l
Yatton Moor Parish Report of the PCC Forthe year ended 31 December 2023 Ann Long (St Mas} Marianna Mackay (St John's) Judy Seward IAII Saints'l Paul Stalder (St Marvsl Pru Witter1St Mary'51 Becky Wright IAII Sain15'1 DI Klrwan 1st Mary's) Christopher Williarnson15t Mary's) PCC Serretary & Team Admln15trator: Clare Attrlll Banker5'. Natwest Bank Lloyds Bank Independent Examlner: Elaine Aplin, FCA Arch5tects: Quentin Alder (Quentin Alder himself retired in 20231. Since then, St Mar¢5, St John's and All Saints have all been under Noma architects, and architect John Redfern Membershlp: Appolntment of pcc membe¥s 15 governed by and set out in the Church Represeniation Rules and the guldance for the Truslee5hip produced by the Church of England. The PCC has met on 6 occasions in the year. representative from Yatton Methodist Church is entitled to be an observer on the PCC and there is a reciprocal a¥ran8ement with Yatton Methodist Church. Standln8 Committee: This committee is empowered to tTansatt PCC business between its meeting5 and comprises the Churchwardens, Clergy and Treasurer. Flnance Committee.. Chair.. Karen Baber, Treasurer Secretary.. Margaret Ball Members.. Revd Fran Bind1n& john Allday, Allan Attwood, Barbara Bachtold, Julia Bush, Lesley Farrall (resigned 8, November 20231, Robert Manley. Sue th Thomas. John Dickinson lappointed 9 November 20231. This committee monitOTS income and expenditure, budgets and makes recommendations on rates of pay, fees and charges. Other Commlttees: Each Church has Its own committee to deal with 5pecifi¢ Church Issues. Electoral Roll Offlter: Lesley Farrall (Resigned 8, November 20231 Positlon Vacant
Yatton Moor Parish Independent Examiners Report For the year ended 31 December2023 I report on the accounts of the PCC for the year ended 31 Decemljer 2023 which comprise the Statement of Financial Activities, the Balance Sheet and related notes. This report Is made solely to the trustees in accordan with Sectlon 145 of the Charitles Act 2011. My work has been undertaken so that I might state to the PCC those matters l am required to State to thern in an Independent Examiner'5 report and for no other purpose. To the fullest extent permitted by law. I do not accept or assvme responsibility to anyone other than the charity and the charity'5 trustees for rny examination work. Respective responsibilities of Trustees and Examiner The Members of the PCC are responsible for the preparatlon of the accounts. They conslder that an audit Is not required for ihi5 year (under Section 144 of the Charities Act 2011 (the Charities Actll and that an independent examination is needed. It is my responsibility to.. Examine the accounts (under Section 145 of the Charitles Act),. To follow the prOdureS laid down in the General Directions given by the Charlty Commissloners (under Section 14515llbl of the Charities Actl,. and To state whether particular matters have come to my attention. Ba51s of Independent Examinèr's report My examination was carried out in accordance wlth the General Dlrectlons ESven by the Charity Cornmis5ioner5. An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those record5. It also includes consideration of any unusual iterns or disclosure5 in the accounts, 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 Elven as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Independent Examiner's statement In connection with my examination, no matter has come to my attention.. l. which Elves me reasonable cause to believe that in, any material respect, the requlrements to keep accounting records in accordance with Section 130 of the Charities Act,. and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met-, or 2. to which, in my opinion, attention should be drawn in older to enable a proper vnderstandlng of the accounts to be reached. ElalneApllTr.ACA E85tl¢l8h, Sowhampton. S050 SAB ioloSlC4 .
Yatton Moor Parish ststement of Financial Activities Forthe yearended 31 December 2023 Note General Deslgnated Restrlcted Endowment Fund Funds Funds Funds All Funds All Funds 2023 2022 Income Donations and legacies Charitable activitie5 Other tradin8 activities Investments Insurance claim 133,157 15,911 7,501 1,515 25 158,109 21,563 154.720 62,874 9,362 3.133 25 230,114 149,167 63,337 7,978 1,229 46,958 28 475 1,833 1,143 47A61 24,544 221,711 Expendlture Church activities Raising Funds 1155,0701 18851 1155.9551 150,6721 120,5281 1226,2701 1206,2651 18851 19011 1227,1551 1207,1661 150.6721 120,5281 Net operatlnB Incomellexpenditurel 2,154 13,2111 4,016 2,959 14,545 Net unreali5ed loss 13 12411 12411 16061 Net Income for the year 1,913 13,2111 4,016 2,718 13,939 Reconciliation of funds Total funds brought forward Total Funds carrled forward 114,262 116,175 26,256 23.045 85,266 89,282 1,700 1,700 227,484 230,202 213,545 227,484 All of the above results are derived from conlinuing activities. There are no other recognised 8ain5 orlosses other than those stated above.
Yatton Moor Parlsh Balance Sheet Forthe year ended 31 December 2023 Note Genetal Fund 518nated Fund$ Aesiricted funds Endowme ntfunds All fund$ 2023 All funds 2022 Fl¥ed assels Plant and equlpment Investments 12 13 2,851 10,045 12,896 3,099 3,099 9.049 10.045 19,094 408 10,286 10,694 3,099 3,099 Current assets Stock Debtors Deposits Cash and cash equlwdlents 3,163 16,647 45,487 46,274 111,571 3,163 22,631 108,034 93,332 227.1fj0 3,025 14,228 106,680 104,655 228,588 14 15 15 4,002 10.000 6,914 20.916 1.982 50.847 40,144 92,973 1,700 1,700 Current Ilabllltles Credltors & accruals 16 18,2921 18,2921 1970 19701 6,790 6,790 116,0521 111,7981 116.0521 111,798 Net a5set5 116,175 23,045 89,282 4700 230,202 227,484 Funds Balance at l January 2023 Net movements In Funds Total Funds 114,262 1,913 116.175 26,256 3.2111 23,045 85.266 4,016 89,28Z 1,700 227,484 2,718 230,202 213,545 13.939 227,484 1,700 The Financi21 Sl#lemenls of Yallon Moor PCC on 8 to 19 were approved by the PGC on the 15 May 2024 and signed on ils behalf by.. John Dickinson Karen Babe Lay Chalr Treasurer
Yatton Moor Parish Notes to the Flnanclal Statements For the year ended 31 December 2023 I. ACCOUNTING POLICIES a, Basls of preparln8 the flnanclal Statements The financial statements of the charity, which Is a publlc beneflt enttty under FRS 102, have been prepared in accordance with the Chariti@5 SORP IFRS 1021 'Accourstin8 and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS If)21 leffective l January 20151,, Flnan¢ial Reportlng Standard 102'The Flnanclal Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the histo¥ical cost convention. The eharlty has taken advantagè of the followlng dlsclosurè exemptlon In preparlng these Flnanclal Statement5, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,: the requirements of Section 7 Statement of Cash Flows. Publlc benefit exemptlon The charlty meets the defSnltion of a public beneflt entlty under FRS102 b. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it Is probable that the income will be recÉived and the amount can be measured reliably. For legacies. entitlement is taken as the earlier of the date on which either.. the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executorlsl to the Trust that a distribution will be made, or when a distribution 15 received from the estate. Receipt of a legacy, in wholè or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's Intention to make a distrlbution. Gift Aid receivable is included in incorne where there is a valid declaration from the donor. Any Gift Aid amounl received on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless speclfied otherwise. c. Expendlture Liabilities are recognlsed as expendlture as soon as there is è legal or constructive oblieation commlttlng the charlty to that expenditure, It is probable that a transfer of economle benefits wlll be requlred In settlement and the amount of the obligation can be measured r8liably. Expenditure is accounted for on an accruals basi5 and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to partleular headlngs they have been allocated to actlvltles on a basls conslstent wSth the use of resources. Irrecoverable VAT is charged as a cost against the activity for which the expenditure wa5 incurred. io
Yatton Moor Parish Notes to the Flnanclal Statements For the year ended 31 December 2023 d. Flxed Assets Item5 of equipment are capltallsed where the purchase prlce exceeds £500. DepreeSation Is provided at rates calculated to write down the cost of the asset to its estimated residual value over it5 expected useful Ilfe. The economlc useful Ilves are as follows: Furniture, fittings and equipment- 5 years straight line Fencing- 10 years straiÈht line e. Stock Stock is included at the lower of costs or net realisable value. f. Cash at bank and In hand Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months of le55. g. Flnanclal Instruments The charlty only has flnancial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instrument5 are initially reco8ni5ed at transaction value and subsequently measured at their settlement value. h. Taxatlon All the Charity's incorne 15 applied to its charitable objectives and the Charity is, therefore. exempt under current legislation from rnost forms of taxation. l. Fund accounting Unrestricted funds can be used in HCCOTdance with the charitable objectives at the dlscretion of the Trustees. The charity's general funds consist of funds which the charity may use for its purpose5 at it5 discretion. Restricted funds can only be used for particular restricted purposes within the objects of the charltv. Restrictions arise when specified by the donor or when funds are raised for particular restrlcted purposes. Designated funds are unrestricted funds earmarked by the trustees foi a partlcular purpose. Endowmènt Funds arè funds for a specific purpose where only the income can be used. l. Credltors Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliablv. k. Penslons All employees, who mèet the crlteria, are enrolled into the auto-enrolment pension scheme. li
Yatton Moor Parish Notes to the Financlal Statements For the yearended 31 December 2023 INCOME FROM DONATIONS AND LEGACIES General Fund st Mar$ Pre-school Restrlcted Funds All Funds 2023 Funds 2022 Income Planned Glvlng: Gift Aid Non Gift Aid Collections at Services.. Gift Ald Non Gift Aid Donations & Appeals Grants Gift Aid Small Donations Scheme Gift Aid Legacies 82,602 11,882 4,000 650 86,602 12,532 79,355 22,412 6,456 164 6.780 2,030 2,115 21,128 607 410 4,555 1,672 613 1,056 8.000 21.563 7,063 6,433 574 194 11,335 14,009 3.702 1,964 2,728 2,941 22,184 20,859 8.000 1,000 154.720 149,167 133,157 3. INCOME FROM CHARITABLE ACTIVITES General Fund St Marfs Pre-school Restricted Funds All Fund5 2023 Fund5 2022 Income Bookstall & Blble Notes sales LettinÈs- Church & Chapter House Sale of goods and produ Weddings/Funeral fees Pre-school fees 223 8,707 942 6,039 223 8,707 947 6.039 46,958 62,874 268 7,637 1,310 5,426 48,696 63.337 46,958 46,958 15,911 INCOME FROM OTHER TRADING ACTIVITES General Fund St Mar¢s Restricted Pre-school Funds All Funds All Fund5 2023 2022 Income Fund raising events and activities 7,501 7.501 28 28 1,833 1.833 9.362 9,362 7,978 7,978 INVESTMENT INCOME General Fund St Marfs PrÈ-S¢hool Restrlcted All Funds All Funds Funds 2023 2022 Income Dlvidends and Interest 1.515 1.515 475 475 1.143 1,143 3,133 3.133 1,229 1,229 12
Y?tton Moor Parish Notes to the Flnanclal Statements Forthe year ended 31 December 2023 ANALYSIS OF EXPENDITURE Note General Fund St Marvs Pre-school Restrlcted All Funds All Funds Funds 2023 2022 CHURCH AcfiviTIES Giftsfrom PCC.. Misslon- UK Mission overseas Mission- secular li li li 1,000 2,750 2,250 6.000 1.462 598 1,046 3,106 2A62 3,348 3,296 9,106 1,657 1,900 4.274 7,831 ActAVltles relotlftg to Church Ministry Ministry.. Parish Share Clergy expenses Church runnin8 Costs.. Light, heat, water Insuran Sundrles Maintenance & security Upkeep of services Upkeep of Churchyards MagazSne prlntlng & bookstall Support & Education Salaries 92,245 2.358 92,245 2,981 94,122 2,993 623 15,784 5,634 774 4,563 2,493 345 223 584 7,069 15,784 5,634 774 12.690 2,571 2,716 223 2,308 49,721 5,983 4,791 599 8,064 2,603 475 266 2,636 47,194 8,127 78 2,371 1,724 42,652 Depreciation St Mary's project5 All Saints, projects st John's projects 445 163 163 771 204 3,369 173,299 132,517 42,815 13.086 188.418 Church Monugement & Administrotton Postage, printing, stationerv books. advertising Office equipment, phone etc. Playgroup expenses Sundry expenses Salarles Professional fees Bank charges Cleeve/Claverham contribution5 1,673 1,332 1,673 2,036 1,332 755 7,282 7,539 387 434 14.669 13,965 5.394 2,254 474 475 12,4651 12.3231 28,746 25.135 226,270 206,265 7,282 387 14,669 686 271 12,4651 16,553 155.070 575 4,133 203 7,857 50,672 4,336 20,528 TOTAL CHURCH ACTIVITIES RAISING FUNDS Stewardship/Giving costs Costs of fayre and events 126 759 885 155.955 126 759 279 622 901 207,166 TOTAL EXPENDITURE 50,672 20.528 227,155 13
Yatton Moor Parlsh Notes to the Financial Statements For the year ended 31 December 2023 8. FUND DETAILS 8a ENDOWMENT FUNDS Endowment Funds under the PCC control Terms Protetted Capital Market Value 2023 2022 The Mrs Ford Trust For the maintenante of St Mary'5 Churchyard. 1,700 1,700 65 12 65 12 The Mrs Ford trust 15 not an accumulatlve Èndowment fund and the interest received does not increase the capital. The interest received is included wiihin the Restricted Yatton Churchyard fund. Endowment Funds under D5oce5an control Terms Protected Capltal Market Value 2023 2022 Yatton Churchyard fund For the maintenance of St Mary's Churchyard. For the fabric of St Mary's andlor maintenance of Assistant clergy 273 9,652 264 262 Mrs D Stuckey Trust 2,000 22,809 623 620 887 882 The income for the year relating to the two endowment funds under the Oiocesan control are shown a5 a grant under Restricted Funds. The capital of the funds under Dlocesan control Is not induded in the Balance Sheet. 14
Yatton Moor Parlsh Notes to the Financial Statements For the year ended 31 December 2023 8b REsfRicfED FUNDS Openlng balance Income Expendlture Closin8 balance Special Charlty Collectlons St Marls Children's work St john's Projects All Saints, Amenltles All Saints, Churchyard Parish-wide Funds 3,106 13,1061 206 24,938 7,679 3,051 22 209 24,871 5,789 660 22 1,884 201 624 623 11,9511 12,0911 13.0151 16231 E iiii Sunday School Trust Team Mission Fund St Mary's Care ICOSMICI St Mary's Clock St Mary's Churchyard St Mary's Or8an-Music Fund Yatton & Winscombe Chorale Zambian- Kabwe Link 16,595 836 25,201 702 3,528 1,327 820 361 85.266 216 li 15,501 15491 16,262 845 33,604 709 4,420 473 1.053 365 89,282 17,0981 901 12 1,448 191 18661 11,2151 iii 120,5281 24,544 Sl8nlficant Indivldual items in the above expenditure are as follows: st Marvs Care (cosmic) Audio sound system South Porch Architect fees New Water heater St John's Projects 2,981 Building survev 1,523 Carvin8 cr055 for porch 2,399 6.903 1,320 475 1,795 All Salnts. Churchyard Ditch and tree Works Garden mower service Topographical survey All Salnts, Amenitles 1.543 Archltect fee5 re rooflpews 730 738 3.011 2,075 2.075 Detalls of thè Spetial Charlty collectlons1£3.1061 are set out in Note 11. 15
Yatton Moor Parish Notes to the Financial Statements For the year ended 31 December 2023 8¢ DESIGNATED FUNDS Opening Deficit for the Balance year Closln8 Balance St. Marvs Pre-school Fund 26,256 26,256 13,2111 13,2111 23,045 23,045 St. MarV5 Pre-school Fund Ring fenced by the PCC for the benefit of the Pre-school, and thus the fund's status is"Designated" The fund makes contrlbutions to major repairs and capital projects which affect or benefit the Pre-school, and also the day-to-day running Costs of the Chapter House. The day-to-day management of the Pre-school 15 done by one of the two Pre-school Leaders under the gUIdan of the Management Committee and the financial control of the PCC. The extent of the surplusl Ideficitl is heavily dependent on the number of chlldren attendlng and North 5omerset Council funding rate. 9. STAFF COSTS & TRUSTEE REMUNERATION 2023 2022 Salary and wages Organi5t5/Choir fees included within Wedding/FL¢neral income Pension contributions Cleeve/ciaverham cont¥ibutions for Team Administrator 63,749 60.881 2,304 1,129 641 278 11,9931 11.8211 64,701 60,467 No National Insurance contributions are due frc>m the PCC as these fall wlthln the HMRC Employment Allowan of £3.000 per annum. The orÉanists and cholr mèmbers were pald fees for wedding and funerals at the prescribed rates and the amounts shown above have been deducted from the Weddln@s/Funeral fee Income shown In note 3. PCC mernber5 on octasions will act as agents for the PCC and make approved purchases on its behalf which are reimbursed, however during the year no other costs have been reimbursed to PCC members. Two member5 of the clergy12022.' three membersl, who are member5 of the PCC, were relmbursed expenses In connection with their travel, study and office costs. These costs total £3,94312022- £3,991) during the year, 25% of which was relmbursed by the parish of Cleeve with Claverham. 16
Yatton Moor Parish Notes to the Financial Statements For the year ended 31 December 2023 10. STAFF NUMBERS The average number of employees durlng the year was as follows.. 2023 2022 No. No. Adminlstration Pre School Organist5/Choirmasters li li 11. MISSION GIVING Since 1995, the PCC has set a Mission Giving level of approximately 5% of the General Fund Income received from Planned Givln& Collections and the recoverable Gift Aid. In 2005, the PCC a8reed that the 5% figure could be increased by up to £500 in order to meet unexpected requests. In 2023. total donations were £6,000,12022'. £6,200 before a historic cheque for £500 wa5 written offl. Sums given thiough speeièl charity collections. coffee and cake stall sales and other events sponsored by the PCC, total £3,10612022.. £2,1811. PCC"5%" Special PCC"S%' Special Home Mlsslon Clevedon Food Bank Sisters of the Church Christian Aid St Mary's Fund ICOSMICI Children's Society other Agencles 303 Carlng at Christmas 247 Children'5 Hospice South West 183 Alzheime¥'s Society 529 Macmlllan Cancer Support 200 Mlllmani Trust 1.462 Shelterbox Royal British Legion Yatton Youth Club 500 500 289 500 529 198 750 500 1.000 30 Overseas Mi55ion Hope Christian Trust CMS Us. (previously USPGI Kabwe Guatemalan Street Klds Ripple 500 750 500 500 500 500 2,250 1.046 2023 Total 6,000 3,106 598 598 2,750 17
Yatton Moor Parish Notes to the Financial Statements Forthe year ended 31 December 2023 12. TANG18LE FIXED ASSETS General Fund Pre-sthool Rèstrirted Fund5 Total Cost At l January 2023 Addition5 At 31 December 2023 6,440 2,888 9,328 6WO 9,412 15,852 3,262 3,262 3,262 3.262 Depreclatlon At I January 2023 Charge in the year At 31 December 2023 6,032 445 6,477 6,032 771 6,803 163 163 163 163 Net Book value at 31 December 2023 2.851 3,099 3,099 9,049 Net book value at l January 2023 612 612 During the year, a fence was erected around the play area of the Pre-school, the cost of the fence was split equally between the Pre-school fund and the St Mary's Fund ICOSMICI. 13. INVESTMENTS 2023 2022 M&G Charifund- 7(KTr units 10,045 10,286 10,045 10,286 14. DEBTORS General Fund Pre- Restricted Fund5 2023 2022 School Collectlons Cleeve with Claverharn contrlbutlon Fees Listed Places of Worship Grant Scheme Gift Ald Gift Aid Small Donation scheme Grants Lettings other 909 3.653 625 484 5,314 871 289 1,198 3,653 625 825 5,326 1,485 600 1,169 7,647 22,631 3,601 341 13 614 600 1,566 5,212 1,180 1,169 3.622 16,647 1,071 1,598 14,228 4,002 4,002 125 1.982 18
Yatton Moor Parlsh Notes to the Financial Statements Forthe year ended 31 December 2023 15. CASH AND DEPOSITS 2023 2022 Cash in hand Deposits 93.332 104,655 108,034 106.680 201J66 211.335 At 31 December 2023, £55.000 of the funds were held In fixed term, fixed interest accounts and £45,000 investe(J In two Credit Unions, as follows.. Cambridge & Counties £15,000 at 5.00%, maturlng 2110812024 Cambridge & Counties £10,000 at 5.00%, maturing 2710812024 Hampshlre Trust 8ank £30,000 at 5.15%, maturing 2910112024 Somerset Savings & loan5 E20,000 Churches Mutual Credit Union E25,000 These repie5ent the maximum Investment permltted by a corporate body. All remaining funds, including those of the preschool, are held in a mixture of bank accounts and short- term deposits at the Central Board of Finance of the Church of England. Three of the PCC'S bank accounts are with Natwest under a special diotesan scheme. 16. LIABILIITES General Fund St MarWs Pre-school Restrlcted Funds 2023 2022 Pre-paid wedding fees Fees due to Dlocese Restricted collections Mission Giving Advanced Income Repair works other Iso 980 150 980 320 750 725 1,373 523 800 2,000 320 750 2,089 4,323 8,292 2,477 3,993 6,790 4.566 9,286 16,052 970 970 6.377 11,798 17. RESERVE POLICY It is the PCC policy to maintain reserves on the General Fund a5 a Sufficient level, currently three monlhs of annual eKpendlture. to enable it to carry out its objectives and to ensure financial continuity in the event of significant variation to income or expenditure. The balance of this fund at the year end was £116,17512022.. £114,262) which represents six months12022.' six monthsl of normal expenditure- consequently the policy objective was met in 2023. The Reserves In the principal Restricted Funds are considered sufficient to meet any Short term needs but major expenditure arising from recent Quinquennial ieport of the fabric of St Mary's Church and the wish to make major changes at All Saints, Church to provide toilet5 and other amenitie5 will both require slgnillcant fund-ralslng and grant seeklng. 19
Yatton Moor Parish Appendix For the year ended 31 December 2023 General Fund 2023 All Other Funds 2023 2022 2022 Income Planned re8ular glvlng Collections Donations and appeals Grants Legacies Tax recovered (Gift Aidl Events and ActivitSes Lettings/Fee5/Sale of goods Dividends. interest, compensation 94.484 6,620 6,780 2,030 96,487 5,789 7,243 4,650 1,017 4,555 1,672 8,000 1.669 1,861 46,963 1,618 72,005 5,280 838 6,766 1,964 I,ooo 588 iii 48,866 613 66,026 23,243 7,501 15,911 1,540 158,109 23,212 7,867 14,471 616 155,685 Expendlture Mission Giving Ministry- Parish Share Ministry- Other Running Costs Organists & Pre-school Staff Major repairs & depreciation AdrninÈstrationlEvÈnt costs 16,OCX)I 192,2451 12,3581 130,4001 17.0691 14451 117,4381 1155,9551 15,6501 194,1221 12,3731 120,2071 16,7101 12041 17,3681 1146.6341 13,1061 12,1811 16231 16201 112,3001 15,2101 142,6521 140,4841 13261 13,3691 112,1931 18,6681 171,2001 160,5321 Net operatln8 Income 2,154 9.051 805 5,494 Net unreali5ed loss 12411 16061 Total surplus for the year 1,913 8.445 805 4,961 Total funds brought forward Total Funds carrled forward 114,262 116,175 105,817 114.262 113,222 114,027 107,728 113,222 20