**Parochial Church Council of Holy Trinity Church Boston**
## **___________________________________________________________________**
## **ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL**
For the year ended 31 December 2023.
## **ADMINISTRATIVE INFORMATION**
Holy Trinity Church, Spilsby Road, Boston is part of the Diocese of Lincoln within the Church of England. Under the terms of section 3 of the Parochial Church Councils’ (Powers) Measure 1956 the Parochial Church Council (PCC) is a body corporate and a charity registered with the Charity Commission – Charity Registration Number: 1132300.
The accounts have been prepared in accordance with the requirements of the Charities Act 2011, the Statement of Recommended Practice “Accounting and Reporting for Charities” (FRS 102) issued by the Charity Commission, The Charities (Accounts and Reports) Regulations 2008 and the Church Accounting Regulations 2006.
## **PCC members who have served from 1 January 2023 until the date this report was approved are as follows:**
|**Incumbent**|Rev Lis Ward
Rev Ian Ward|Chair
Associate Vicar|
|---|---|---|
|**Curate**|Rev Jon Speirs-Davies||
|**Youth Worker**|Miss Eden Prothero||
|**Pastoral Outreach**
**Worker**|Susan Matthews|From 1stDecember 2023|
|**Churchwardens**|Mrs Sandra Snell
Mr Francis Abiodun||
|**Representatives on the**
**Deanery Synod**|Mr Edward Barkham
Mrs Barbara Parkinson
Mr David Wilkinson|Treasurer
Until April 2023|
|**Representatives on**
**Diocesan Synod**|Mrs Carol Acheson
Mr David Acheson
Dr Sola Taiwo||
|**Elected Members**|||
||Miss Ellie Blackburn||
||Mrs Anne Bladon|Until April 2023|
||Mrs Moira Goddard||
||Mr Danny Grint|From April 2023|
||Mr John Hopkins|From April 2023|
||Mr Anthony Jackson|Until April 2023|
||Mrs Barbara Parkinson|Until April 2023|
||Mrs Leila Peel||
||Mrs Heather Percival||
||Mr Philip Smith||
||Mrs Alison Tulloch|Until 31st December 2023|
||Mr Graham Tulloch||
|**PCC Secretary**|Nikki Jackson||
||||
## **TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS**
The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and regulations.
Charity law requires the Trustees to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
1
## **Parochial Church Council of Holy Trinity Church Boston**
## **___________________________________________________________________**
Under charity law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its net incoming/outgoing resources for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgments and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue to operate.
The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The method of appointment of PCC members is set out in the Church Representation Rules 2020. All church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.
Members of the PCC are aware of potential risks both financial and otherwise that might occur either in the church or the Trinity Centre (church hall). They have taken appropriate action to control and minimise these risks.
There are four PCC Committees, which meet between full PCC meetings. These are:
- HR Group
- Finance & Fabric Committee
- Leadership Advisory Group
- Mission Support Group
- Standing Committee
Members of the Prayer Ministry Team are currently available after the main morning services. Our current service pattern is as follows:
|**Sunday**|**8.00am**|**10.30 am**|**6.30 pm**|
|---|---|---|---|
|1st||Worship and Grow|Evening worship with Holy|
|||Together (All Age)|Communion|
|2nd|Holy Communion|Worship Together||
|3rd||Worship Together with|Evening worship|
|||Holy Communion||
|4th|Holy Communion|Worship Together|Messy Church|
|5th|Holy Communion|Worship Together||
Evening Worship is an informal service (which takes place in the prayer space in Church) Groups for children and young people meet during 10.30am services except for 1[st] Sunday of the month. CYFA (Youth Fellowship) meets on Sunday evenings.
## **OBJECTIVES AND ACTIVITIES**
Holy Trinity’s Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has responsibility for the management of the Church property in the parish – Holy Trinity Church, The Trinity Centre (the church hall), and 43 Spilsby Road.
2
**Parochial Church Council of Holy Trinity Church Boston**
**___________________________________________________________________**
## **ACHIEVEMENTS AND PERFORMANCE**
## **Church Attendance**
There are 199 members on the Church Electoral Roll. Of the 199, 110 (55%) live in the parish and 89 (45%) live outside of the parish. This is a decrease of 3 members on last year’s Electoral Roll.
The average Sunday attendance in person during 2023 was 106 adults and 20 Children. These figures include attendance at 8:00 am Holy Communion, 10:30 am Service and 6:30 pm Evening Service. **Attendance at Special Services was as follows:**
|**Service**|In Person|
|---|---|
|**Easter Day**|160 adults and 32 children|
|**Harvest Festival**|109 adults and 29 children|
|**Christmas Carol Service**|186 adults and 32 children|
|**Crib Service**|60 adults and 24 children|
|**Christmas Eve**|49 adults and 2 children|
|**Christmas Day**|66 adults and 14 children|
**Occasional Services in 2023**
|**Baptisms**|0|
|---|---|
|**Thanksgiving for the gift of a child**|0|
|**Weddings**|0|
|**Thanksgiving for Marriage/Blessing**|0|
|**Funerals in Church**|10|
|**Burial of Ashes**|2|
|**Confirmation**|0|
## **Review of the PCC Year**
In 2023 the PCC met 10 times. The average attendance at PCC meetings in 2023 was 65% (76% in 2022). The APCM was held on Sunday 16[th] April 2023. Sandra Snell and Francis Abiodun were elected as churchwardens.
At the first meeting of the new PCC on 9[th] May 2023 the following elections and appointments were voted on and approved:
PCC Chair: Rev Lis Ward PCC Vice Chair: Sandra Snell Deputy Churchwardens: Heather Percival PCC Treasurer: Edward Barkham PCC Secretary: Nikki Jackson Minute Secretary To be shared by various members of PCC
Subcommittees were also appointed – Standing Committee, Fabric and Finance and HR. The Leadership Advisory Group and Mission Group continued to meet, and reports were regularly received from subcommittees and from the Treasurer, Pastoral Outreach Worker and from the Youth and Children’s worker.
- During 2023 many items and challenges were thoughtfully and prayerfully considered by the PCC.
- The PCC agreed to 175 Celebrations in June
- Further repairs and improvements were made to the AV equipment
- The PCC along with our leadership team and those leading groups within our congregation held a vision morning in September in the Church Lounge where the Mission Action Plan was updated.
- Bishop Nicholas visited in November and preached and led our Service of Holy Communion
- A new Health & Safety Representative was appointed
3
**Parochial Church Council of Holy Trinity Church Boston**
##
- Reordering Project - A feasibility study to improve access in Church is still ongoing
Many thanks to all PCC members and members of the church who so faithfully attend meetings and subcommittees throughout the year. Also, thank you to everyone who has helped, prayed for and supported the work of the PCC during the course of the last year. The prayer support of the church is vital to the work of the PCC.
## **Holy Trinity Church Fabric Report 2023**
The fabric of the Church, The Lounge, Trinity Centre and 43 Spilsby Rd remain in good order. We are very grateful to all those who give of their time, expertise, and financial support to maintain the buildings, church yard, grounds and gardens that are entrusted to us for the use of future generations.
In addition to the routine cleaning and maintenance activities that go alongside maintaining any buildings that are used by the public the following is of note.
Carl Andrews the Architect was appointed by the PCC and produced 3 options for the feasibility study into the reordering of the inside of the church building.
## **Church, Lounge and Churchyard**
- External power socket repaired
- 2 New LED lights on the front row of Church
- Church Lounge Lighting, all light fittings have been replaced with LEDs
- Church Lounge toilet roof, a repair has been made following a leak.
- Entrance railing painted – 175th
- Give and take box repaired and repainted
- Painted/Stained entrance doors and canopy
- Replaced missing bolt to serving hatch
- Touched up marks and bumps to Lounge wall
- Fitted new WC seats to both toilets
- Fixed loose floor board near Disabled WC
- Fixed new toilet roll holder
- Re engineered poorly fitted lock to Disabled WC
## **Trinity Centre**
- A new photocopier was purchased for the Church Office
- An EPC was undertaken
- New battery & pads were installed in the Defibrillator
- The exterior, foyer area and room 4 were decorated.
- The Sports Hall & Small Hall lights were replaced with LED lights.
- Fire exit & door signs were renewed
- Finger traps fitted
- New WC seats fitted
- Mended lock to TC entrance doors & re-engineered the lock
- Cleaned mould to sport hall ceiling
- Repaired lock set to fire exit corridor from TC
- Fitted new lock cylinders – with matching keys
## **43 Spilsby Rd**
- A new heating timer was fitted
- A new fence post was fitted
- The garage door was repaired
## **Financial Review**
For the year ended 31[st] December 2023, the accounts show that the PCC made a surplus of income over expenditure of £100,195.48. This compares with a deficit of £5,207.07 in 2022. Overall expenditure was £8,643.89 (or 3.8%) lower than in 2022. Income was higher than in 2022 by £96,758.66 (or 44%). The income figure for 2023 was boosted by legacies received of £101,098.78. The main differences in income for 2023, compared with 2022, were as follows –
4
**Parochial Church Council of Holy Trinity Church Boston**
- Loose cash offerings increased to £14,813.98 (2022 £12,462.91)
- One-off donations increased to £9,332.39 (2022 £8,032.33)
- Gift Aid claimed back from the HMRC deceased to £19,634.09 (2022 £21,670.32)
- Standing orders decreased to £64,512.79 (2022 £75,261.56)
- Special collections increased to £3,641.13 (2022 £2,222.85)
- A Gift Day was held for the Pastoral Outreach Worker post which raised £4,375.00 (2022 £340.00)
- Legacies income increased to £101,098.78 (2022 £2,104.15)
- Bank interest received increased to £7,205.31 (2022 £1,426.73)
- Takings at the cafe increased to £7,583.42 (2022 £6,055.82)
- Lettings at the Trinity Centre increased to £22,606.46 (2022 £20,518.48)
- Mowbray bequest income decreased to £2,305.22 (2022 £13,189.38)
- The PCC received no insurance claims in 2023 (2022 £2,936.00)
- Income into the Pastoral Outreach Worker fund increased to £11,417.25 (2022 £8,710.00)
- No grant was received from the Diocese of Lincoln to enable preparation work to be undertaken for the re-ordering scheme (2022 £4,000.00)
- A support grant was received from the Diocese of Lincoln to support with energy costs of £2,578.75 (2022 Nil)
- Funding received from the Diocese of Lincoln with respect to the Deanery Administrator post was £3,898.65 (2022 Nil)
- A grant was received from the Boston Municipal Non-educational Charites to support Clubnite of £2,115.00 (2022 Nil)
The main differences in expenditure for 2023, compared with 2022, were -
- The youth worker’s salary increased to £23,964.68 (2022 £22,750.16)
- Payments to the administrator for the deanery administrator post were £3,898.65 (2022 Nil)
- Mowbray bequest expenditure decreased to £2,305.20 (2022 £13,189.38)
- Trinity Centre repairs and maintenance increased to £6,557.83 (2022 £4,024.69)
- Lounge repairs and maintenance increased to £2,513.01 (2022 £707.07)
- The Trinity Centre cleaners’ salaries increased to £7,194.47 (2022 £5,421.16)
- The administrators’ salaries increased to £18,433.96 (2022 £16,411.20)
- With only having a pastoral outreach worker in post for one month of 2023, expenditure reduced to £1,367.01 (2022 £11,724.40)
- There was no expenditure on the re-ordering scheme (2022 £4,800.00)
Unrestricted funds showed a surplus for the year of £89,276.29 and a fund balance of £481,369.07. £270,060.24 of this relates to fixed assets, so the fund balance for unrestricted current assets is £211,308.83. The total restricted funds showed a surplus of £11,215.19 and a fund balance of £37,191.25.
## **Reserves Policy**
It is PCC policy to maintain a balance of £30,000 on unrestricted funds (if possible) to cover emergency situations that may arise from time to time.
It is also PCC policy that surplus funds are invested with the CBF Church of England Deposit Fund which offers security and an attractive interest rate.
At 31[st] December 2023 the balance held in the General Fund was £184,735.24.
Approved by the Parochial Church Council on 24th March 2024 and signed on its behalf by
Rev Lis Ward
Vicar
5
**Parochial Church Council of Holy Trinity Church Boston**
## **___________________________________________________________________**
## **Statement of financial activities**
For the year ending 31 December 2023
|Notes
**Income and**
**endowments from**
Donations and legacies
2(a)
Investments
2(b)
Income from charitable activities
2(c)
Other income
2(d)
Hall income
2(e)
**Expenditure on**
Costs of generating voluntary income
3(a)
Cost of generating funds
3(e)
Expenditure on charitable activities
3(b)
Other expenditure
3(c)
Hall expenditure
3(d)
Net income /(expenditure) resources
before transfers
Gross transfers between funds - in
- out
Net movement in funds
Balances b/f 1st Jan 2023
Balances c/f 31st Dec 2023|Unrestricted
funds
£
219,337.73
6,023.65
9,845.26
12,318.55
25,292.45|Restricted
funds
£
6,980.12
1,181.66
-
36,581.65
-|Endowment
funds
£
-
-
-
-
-|Total funds
2023
£
226,317.85
7,205.31
9,845.26
48,900.20
25,292.45|Total funds
2022
£
131,870.23
1,426.73
9,029.52
56,893.45
21,582.48|
|---|---|---|---|---|---|
||**272,817.64**|**44,743.43**|**-**|**317,561.07**|**220,802.41**|
||-
4,806.50
114,449.64
39,638.12
24,943.09|-
31,086.62
2,441.62
-|-
-
-
-
-|-
4,806.50
145,536.26
42,079.74
24,943.09|77.17
4,219.20
148,585.89
54,393.10
18,734.12|
||**183,837.35**|**33,528.24**|**-**|**217,365.59**|**226,009.48**|
||88,980.29
74,293.57
(74,293.57)|11,215.19
33,244.13
(33,244.13)|-
-
-|100,195.48
107,537.70
(107,537.70)|(5,207.07)
111,345.87
(111,345.87)|
||**88,980.29**
392,388.78|**11,215.19**
25,976.06|**-**
**-**|**100,195.48**
418,364.84|**(5,207.07)**
423,571.91|
||**481,369.07**|**37,191.25**|**-**|**518,560.32**|**418,364.84**|
6
**Parochial Church Council of Holy Trinity Church Boston**
## **___________________________________________________________________**
## **Balance sheet**
As at 31 December 2023
|Notes
**Fixed assets**
Tangible assets
5
**Current assets**
Debtors
6
Cash at bank and in hand
**Liabilities**
Creditors: amounts falling due within one year
7
Net current assets or liabilities
Total assets less current liabilities
Net assets or liabilities
**The funds of the charity**
8
Restricted income funds
Total designated funds
Total unrestricted funds|Unrestricted
funds
£
270,060.24|Restricted
funds
£
-|Endowment
funds
£
-|Total funds
2023
£
270,060.24|Total funds
2022
£
269,410.80|
|---|---|---|---|---|---|
||**270,060.24**
16,708.99
205,236.37|-
2,686.12
35,666.60|-
-
-|**270,060.24**
19,395.11
240,902.97|**269,410.80**
48,131.39
105,400.17|
||**221,945.36**
10,636.53
211,308.83
481,369.07|**38,352.72**
1,161.47
37,191.25
37,191.25|**-**
-
-
-|**260,298.08**
11,798.00
248,500.08
518,560.32|**153,531.56**
4,577.52
148,954.04
418,364.84|
||**481,369.07**|**37,191.25**|**-**|**518,560.32**|**418,364.84**|
||-
296,633.83
184,735.24|37,191.25
-|-
-|37,191.25
296,633.83
184,735.24|25,976.06
286,911.68
105,477.10|
||**481,369.07**|**37,191.25**|**-**|**518,560.32**|**418,364.84**|
## **Approved by the Parochial Church Council on 24th March 2024 and signed on its behalf by**
**Rev. Lis Ward Edward Barkham Vicar Church Treasurer**
The notes on pages 8 to 18 form part of these accounts
7
**Parochial Church Council of Holy Trinity Church Boston**
**___________________________________________________________________**
## **Notes to the financial statements For the year ended 31 December 2023**
## 1. Accounting policies
The accounts are prepared under the historical cost convention, in accordance with the Church Accounting Regulations 2006 and Accounting and Reporting for Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 (effective 1 January 2019) – (Charities SORP (FRS 102)) and the Charities Act 2011.
## **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 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 or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each 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 appointed to individual funds on an average balance basis.
_Unrestricted funds_ are general funds, which can be used for PCC ordinary 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. Grants and legacies are accounted for when the PCC is legally entitled to the amounts are due. 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 to 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 church wardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church 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. Individual items that cost more than £1,000 are capitalised and depreciated over the course of their expected life. Expenditure on items that cost less than £1,000 has been written off when incurred.
Investments are valued at market value at 31 December.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life –
Boilers – 4% on cost Photocopier – 20% on cost Trinity Centre Roof – 2.5% on cost
8
## **Parochial Church Council of Holy Trinity Church Boston**
## **___________________________________________________________________**
Freehold properties – not depreciated
## **Current assets**
Amounts owing to the PCC at the year-end in respect of tax reclaims and other income are shown as debts less other provision for amounts which may prove to be uncollectable. Short-term deposits include cash held on deposit either with the Central Board of Finance or at the bank.
## **Pension policy**
All eligible employees are automatically enrolled into a pension scheme managed by NEST Pensions. Both the PCC and eligible employees contribute at the prevailing rates.
## **Tax status**
As a charity, the PCC is exempt from paying income and corporation tax, but does have to pay value added tax.
9
**Parochial Church Council of Holy Trinity Church Boston**
## **___________________________________________________________________**
## 2. Income and endowments
|2(a)**Donations and legacies**
Envelopes
Banker’s orders
Loose cash
Income tax recovered
Gift aid special Sundays
Special collections
Donation/gift day
Donation/other
Legacies
Vicar’s Discretionary Fund
Wedding/Funeral Collections in church
2(b)**Investments**
Bank interest – general fund
Bank interest – other funds
2(c)**Income from charitable activities**
Parochial fees
Café Takings
Community Lunch
2(d)**Other income**
Photocopier - private use
From Hall and Lounge
Youth worker
Insurance Claim
Miscellaneous
Coffee
Mowbray bequest
Rent 43 Spilsby Rd
43 Spilsby Rd Allocation
Allocation to Fabric Fund
Growing Leaders
Home Groups
VAT Reclaimed
Heating
Energy Support Grant
KPW
Deanery Administrator
BMNEC Clubnite Grant
POW
PA|Unrestricted
funds
£
6,293.90
64,512.79
14,813.98
19,634.09
45.31
2,279.13
-
9,107.39
101,098.78
-
1,552.36|Restricted
funds
£
-
-
-
-
-
1,362.00
4,375.00
225.00
-
1,018.12
-|Endowment
funds
£
-
-
-
-
-
-
-
-
-
-
-|Total funds
2023
£
6,293.90
64,512.79
14,813.98
19,634.09
45.31
3,641.13
4,375.00
9,332.39
101,098.78
1,018.12
1,552.36|Total funds
2022
£
6,938.60
75,261.56
12,462.91
21,670.32
171.27
2,222.85
340.00
8,032.33
2,104.15
1,966.24
700.00|
|---|---|---|---|---|---|
||**219,337.73**|**6,980.12**|**-**|**226,317.85**|**131,870.23**|
||5,093.28
930.37|-
1,181.66|-
-|5,093.28
2,112.03|845.42
581.31|
||**6,023.65**|**1,181.66**|**-**|**7,205.31**|**1,426.73**|
||1,249.44
7,583.42
1,012.40|-
-
-|-
-
-|1,249.44
7,583.42
1,012.40|2,138.00
6,055.82
835.70|
||**9,845.26**|-|-|**9,845.26**|**9,029.52**|
||65.41
1,000.00
-
-
263.13
65.00
2,305.22
3,600.00
100.00
2,000.00
-
45.00
-
125.00
1,289.37
-
-
-
-
-|**-**
-
17,412.00
-
-
-
**-**
-
-
-
700.00
-
-
-
-
926.25
3,898.65
2,115.00
11,417.25
112.50|**-**
-
-
-
-
-
**-**
**-**
-
-
-
-
-
-
-
-
-
-
-
-|65.41
1,000.00
17,412.00
-
263.13
65.00
2,305.22
3,600.00
100.00
2,000.00
700.00
45.00
-
125.00
1,289.37
926.25
3,898.65
2,115.00
11,417.25
112.50|80.57
1,000.00
16,769.00
2,936.00
591.50
34.00
13,189.38
3,600.00
1,000.00
2,000.00
-
-
656.00
455.00
-
1,020.00
-
-
8,710.00
225.00|
10
## **Parochial Church Council of Holy Trinity Church Boston**
## **___________________________________________________________________**
|Re-Ordering
Use of Church
Milkshake Shack
2(e)**Hall income**
Lettings
Donations
LDTBF Energy Support Grant
VAT Reclaimed
**TOTAL**|Unrestricted
funds
£
-
572.00
888.42|Restricted
funds
£
-
-
-|Endowment
funds
£
-
-
-|Total funds
2023
£
-
572.00
888.42|Total funds
2022
£
4,000.00
510.00
117.00|
|---|---|---|---|---|---|
||**12,318.55**|**36,581.65**|-|**48,900.20**|**56,893.45**|
||22,606.46
683.00
1,289.38
713.61|-
-
-
-|-
-
-
-|22,606.46
683.00
1,289.38
713.61|20,518.48
1,064.00
-
-|
||**25,292.45**|-|-|**25,292.45**|**21,582.48**|
|||||||
||**272,817.64**|**44,743.43**|-|**317,561.07**|**220,802.41**|
In 2022, income of £34,015.07 related to restricted funds, with the balance of all other income totalling £186,787.34 relating to unrestricted funds.
11
## **Parochial Church Council of Holy Trinity Church Boston**
## **___________________________________________________________________**
## 3. Expenditure
|3(a)**Cost of generating voluntary income**
Envelopes - envelope giving
3(b)**Expenditure on charitable activities**
Vicar - expenses of office
Vicar – Book Allowance
Curate – Expenses of Office
Curate – Book Allowance
YW - expenses of office
Visiting Clergy
BMNEC Grant
Pastoral Outreach Work
Community Lunch
Administrators
Deanery Administrator
Property stewards
Church cleaner
Employer’s Pension Contributions
Youth worker salary
POW
Gas
Electricity
Insurance (church and organ)
Repairs and maintenance
Churchyard maintenance
Insurance 43 Spilsby Rd
Repairs 43 Spilsby Rd
43 Spilsby Road Budget
Vicar – telephone
YW – telephone
Communion wine and wafers
Training/conferences
Independent examiner
Payroll charges
Tithe
Parish share
Special collections
**3(c) Other expenditure**
Debtor Written Off
Vicar’s Discretionary Fund
Re-ordering
Outreach
Evangelism initiatives
It’s your move books|Unrestricted
funds
£
-|Restricted
funds
£
**-**|Endowment
funds
£
**-**|Total funds
2023
£
-|Total funds
2022
£
77.17|
|---|---|---|---|---|---|
||**-**|**-**|**-**|**-**|**77.17**|
||381.77
58.96
-
-
18.72
101.70
-
-
939.68
18,433.96
-
2,679.37
4,414.54
-
-
-
1,368.50
1,708.51
3,978.58
1,142.41
2,943.87
369.42
594.36
100.00
865.12
-
107.80
1,921.17
845.00
603.57
13,689.00
55,000.00
2,183.63|-
-
-
-
506.24
-
402.53
-
-
-
3,898.65
-
-
534.01
23,964.68
1,367.01
-
-
-
-
-
-
-
-
-
413.50
-
-
-
-
-
-
-|-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|381.77
58.96
-
-
524.96
101.70
402.53
-
939.68
18,433.96
3,898.65
2,679.37
4,414.54
534.01
23,964.68
1,367.01
1,368.50
1,708.51
3,978.58
1,142.41
2,943.87
369.42
594.36
100.00
865.12
413.50
107.80
1,921.17
845.00
603.57
13,689.00
55,000.00
2,183.63|369.07
29.62
483.35
100.00
345.96
-
193.56
370.42
702.35
16,411.20
-
2,299.22
4,450.88
698.34
22,750.16
11,724.40
1,129.46
1,513.46
3,616.80
1,012.04
3,021.17
318.08
1,163.24
1,000.00
825.64
453.35
142.95
1,493.13
820.00
401.29
13,056.00
55,000.00
2,690.75|
||**114,449.64**|**31,086.62**|**-**|**145,536.26**|**148,585.89**|
||656.00
-
-
259.46
425.45
54.00|-
1,564.84
-
-
598.80
-|-
-
-
-
-
-|656.00
1,564.84
-
259.46
1,024.25
54.00|30.00
1,680.36
4,800.00
-
-
207.00|
12
## **Parochial Church Council of Holy Trinity Church Boston**
**___________________________________________________________________**
|Holiday club/kidz connect
Sunday Morning Teaching & Resources
CYFA Teaching & Resources
Youth Evangelism
BMNEC Clubnite Grant
Sundries
Printing and stationery
Photocopier
Office equipment
Purchase of books
Copyright/licence
Church office – telephone
Postages
Catering
Alpha Courses
Youth Alpha
Flowers
Church service expenses
Data developments
Gifts
Messy church
Sundries
Sundries (not budget)
Tax reclaimed
Small Groups
Evangelism
Mowbray bequest
Voluntary Work Support
Coffee
Depreciation
PA
Allocations – YW
Allocations – POW
Allocations – fabric fund
Website
3(d)**Hall expenditure**
Cleaning
Electricity
Gas
Churchyard
Water rates
Hall repairs/maintenance
Lounge repairs/maintenance
Payment to Church
Insurance
Hall/Lounge Sundries|Unrestricted
funds
£
242.38
383.75
837.69
569.03
-
13.40
472.11
836.81
238.34
130.49
264.27
1,116.40
75.00
550.96
131.88
-
163.70
467.71
150.21
114.79
50.84
57.00
10,365.88
-
16.31
250.76
2,305.20
850.00
561.59
2,295.36
-
8,393.00
4,221.00
2,000.00
117.35|Restricted
funds
£
-
-
-
-
162.06
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
115.92
-
-
-
-|Endowment
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|Total funds
2023
£
242.38
383.75
837.69
569.03
162.06
13.40
472.11
836.81
238.34
130.49
264.27
1,116.40
75.00
550.96
131.88
-
163.70
467.71
150.21
114.79
50.84
57.00
10,365.88
-
16.31
250.76
2,305.20
850.00
561.59
2,295.36
115.92
8,393.00
4,221.00
2,000.00
117.35|Total funds
2022
£
280.86
490.42
831.08
541.22
-
49.98
349.49
882.57
475.30
152.99
166.79
603.46
324.22
479.41
213.13
131.00
95.49
439.46
149.79
62.49
59.86
166.16
9,631.47
96.27
33.63
270.00
13,189.38
330.00
720.58
1,868.94
581.66
7,899.00
3,995.00
2,000.00
114.64|
|---|---|---|---|---|---|
||**39,638.12**|**2,441.62**|**-**|**42,079.74**|**54,393.10**|
||7,191.47
1,669.07
1,368.46
531.40
1,019.26
6,557.83
2,513.01
1,000.00
1,989.35
1,103.24|-
-
-
-
-
-
-
-
-
-|-
-
-
-
-
-
-
-
-
-|7,191.47
1,669.07
1,368.46
531.40
1,019.26
6,557.83
2,513.01
1,000.00
1,989.35
1,103.24|5,421.16
2,116.07
1,129.44
409.90
1,382.85
4,024.69
707.07
1,000.00
1,808.35
734.59|
13
## **Parochial Church Council of Holy Trinity Church Boston**
## **___________________________________________________________________**
|3(e)**Costs of generating funds**
Café - Food
Café - other
**TOTAL**|Unrestricted
funds
£|Restricted
funds
£|Endowment
funds
£|Total funds
2023
£|Total funds
2022
£|
|---|---|---|---|---|---|
||**24,943.09**|-|-|**24,943.09**|**18,734.12**|
||4,584.21
222.29|-
-|-
-|4,584.21
222.29|4,098.33
120.87|
||**4,806.50**|-|-|**4,806.50**|**4,219.20**|
|||||||
||**183,837.35**|**33,528.24**|-|**217,365.59**|**226,009.48**|
In 2022, £44,588.08 of expenditure related to restricted funds, with the balance of £181,421.40 relating to unrestricted funds.
14
**Parochial Church Council of Holy Trinity Church Boston**
## **___________________________________________________________________**
## 4. Staff costs
- (a) Wages and salaries
During the year the PCC employed an administrator, assistant administrator, two property stewards, two trinity centre cleaners, church cleaner, youth worker and pastoral outreach worker and accounted to HM Revenue & Customs for Tax and NI collected. The clergy’s stipend, pension contributions and housing costs are met by the Lincoln Diocesan Trust and Board of Finance Ltd. The PCC helps fund the LDTBF Ltd through its parish share payments.
|Salaries and wages
Pension costs
Total employment costs
Staff expenses and other costs
Total staff costs|2023
£
60,689.86
534.01
**61,223.87**
845.43
**62,069.30**|2022
£
62,876.63
698.34|
|---|---|---|
|||**63,574.97**|
|||881.84|
|||**64,456.81**|
The total staff employed numbered 7 (2022 - 8). No employee earned £60,000 or more.
- (b) Payment to PCC members
Expenses of Office were paid to the Vicar.
Five PCC members were reimbursed for expenses incurred in the course of duties on behalf of the church.
No other payments or expenses were paid to any other member of the PCC, persons closely connected with them or related parties.
15
## **Parochial Church Council of Holy Trinity Church Boston**
## **___________________________________________________________________**
## 5. Fixed assets
|**Cost or**
**Valuation**
Balance at 1st
January 2023
Additions
Disposals
Balance at 31st
December 2023
**Depreciation**
Balance at 1st
January 2023
Charge for the
year
Released on
disposal
Balance at 31st
December 2023
**Net Book**
**Value**|**Freehold**
**land and**
**buildings**
**£**
**Boilers**
**£**
**Photocopier**
**£**
**Trinity Centre**
**Roof**
**£**
**Total**
**£**
230,000.00
35,160.00
3,250.80
12,000.00
280,410.80|
|---|---|
||-
-
2,944.80
-
2,944.80
-
-
(3,250.80)
-
(3,250.80)
230,000.00
35,160.00
2,944.80
12,000.00
280,104.80|
||-
7,149.20
3,250.80
600.00
11,000.00|
||-
1,406.40
588.96
300.00
2,295.36
-
-
(3,250.80)
-
(3,250.80)
-
8,555.60
588.96
900.00
10,044.56|
|||
|At 1stJanuary
2023|230,000.00
28,010.80
-
11,400.00
269,410.80|
|At 31st
December 2023|230,000.00
26,604.40
2,355.84
11,100.00
270,060.24|
## **NOTES**
The freehold land and buildings comprise:
- 1) 43 Spilsby Road, Boston is shown at £130,000, which was the saleable value at the last valuation. It is not known when this was. The value of the property has been recorded in the annual accounts as £130,000 since at least 2011. The property was bequeathed to the PCC in 1975 in the will of Olive Muriel Trevitt. The value of the property at that time is not known.
- 2) The Trinity Centre is shown at £100,000. It is not known when the property was last valued. The land on which the Trinity Centre is built was acquired in the early 1970s. The original cost of the land and building is not known.
## 6. Debtors
|_Unrestricted funds_
Tax recoverable
Prepayments
Other debtors
_Restricted funds_
Tax recoverable
Prepayments
Other debtors
Total debtors|2023
£
5,188.49
4,717.07
6,803.43
**16,708.99**
846.50
469.90
1369.72
**2,686.12**
**19,395.11**|2022
£
5,738.72
2,000.70
39,515.67|
|---|---|---|
|||**47,255.09**|
|||777.75
-
98.55|
|||**876.30**|
|||**48,131.39**|
16
## **Parochial Church Council of Holy Trinity Church Boston**
## **___________________________________________________________________**
7. Liabilities: amounts falling due within one year
|_Unrestricted funds_
Other creditors
Accruals
_Restricted funds_
Creditors
Total creditors|2023
£
9,091.49
1,545.04
**10,636.53**
1,161.47
**1,161.47**
**11,798.00**|2022
£
3,505.24
819.18|
|---|---|---|
|||**4,324.42**|
|||253.10|
|||**253.10**|
|||**4,577.52**|
8. Movement of funds during the year
|**UNRESTRICTED**|**Balance b/f**|**Income**|**Expenditure**|**Transfers &**|**Balance c/f**|
|---|---|---|---|---|---|
|**FUNDS**|**£**|**£**|**£**|**revaluations**|**£**|
|||||**£**||
|General fund|105,477.10|231,021.90|(148,670.66)|(3,093.10)|184,735.24|
|**Designated funds**||||||
|Café fund|2,899.70|7,759.27|(4,806.50)|-|5,852.47|
|Community Lunch fund|176.02|1,020.58|(939.68)|(14.38)|242.54|
|Milkshake Shack Fund|117.00|905.90|(259.46)|-|763.44|
|Re-ordering fund|3,966.91|152.52|-|-|4,119.43|
|Fabric fund|(479.80)|2,025.32|(656.00)|-|889.52|
|43 Spilsby Road fund|5,993.96|4,018.93|(963.78)|39.99|9,089.10|
|Hall and Lounge fund|4,792.37|25,543.05|(24,943.09)|122.69|5,392.33|
|Youth Groups fund|34.72|370.17|(302.82)|-|102.07|
|Fixed asset fund|269,410.80|-|(2,295.36)|2,944.80|270,060.24|
|Total designated funds|286,911.68|41,795.74|(35,166.69)|3,093.10|296,633.83|
|_Total unrestricted funds_|392,388.78|272,817.64|(183,837.35)|-|481,369.07|
|**RESTRICTED FUNDS**||||||
|BMNEC Clubnite Grant|-|2,141.52|(162.06)|-|1,979.46|
|Deanery Administrator Fund|-|3,898.65|(3,898.65)|-|-|
|BMNEC Grant fund|7,018.29|262.26|(402.53)|-|6,878.02|
|Re-ordering fund|3,844.75|282.80|-|-|4,127.55|
|Vicar’s Discretionary Fund|1,923.73|1,080.07|(1,564.84)|-|1,438.96|
|PA fund|471.30|132.85|(115.92)|-|488.23|
|Youth Worker fund|9,788.83|17,508.34|(25,418.43)|-|1,878.74|
|Youth Groups Fund|43.12|793.14|(598.80)|-|237.46|
|AV fund|473.67|18.21|-|-|491.88|
|KPW fund|565.44|971.27|-|-|1,536.71|
|POW fund|1,846.93|17,654.32|(1,367.01)|-|18,134.24|
|_Total restricted funds_|25,976.06|44,743.43|(33,528.24)|-|37,191.25|
|**TOTAL**|**418,364.84**|**317,561.07**|**(217,365.59)**|**-**|**518,560.32**|
17
**Parochial Church Council of Holy Trinity Church Boston**
## **___________________________________________________________________**
## **Notes to the funds**
## **Unrestricted funds**
## **General fund**
This is the main fund of the PCC and there is no restriction on its use.
## **Designated**
These are funds set aside by the PCC for a special purpose. _Fabric fund_
An allocation is made to this fund each year from the general fund and the money is used for repairs to the church building. _43 Spilsby Road fund_
This fund is used for all expenditure related to 43 Spilsby Road. _Hall and lounge fund_
The income from hiring out the Trinity Centre and the church lounge goes into this fund and all expenditure related to the Trinity Centre and lounge comes out of it.
_Community Lunch fund_
All income and expenditure related to the Community Lunch goes through this fund _Café fund_ All the takings from the Trinity Café are paid into this fund. Payments for supplies for the café come out of it. _Re-ordering fund_
This fund holds a £5,000 bequest that has been designated for the expenditure on re-ordering works in the church
_Youth Groups fund_
The money in this fund was transferred from the Café fund to be spent on youth work. _Milkshake Shack fund_
This fund receives the takings at the Milkshake Shack that come through the Sumup machine
## **Restricted funds**
_PA fund_
Money given specifically towards the costs related to the PA system is paid into this fund. _Youth Worker fund_
Money given specifically towards funding the youth worker post is paid into this fund. The money is used to meet all the costs related to employing a full time, salaried youth worker. _Kitchen and Pastoral Outreach Worker fund_
When the PCC held a gift day to fund the new kitchen and pastoral outreach worker post, some people set up standing orders giving money to both rather than one or the other. These standing orders are paid into this fund. As there is no longer any major expenditure related to the kitchen the money is now used solely to fund the pastoral outreach worker post.
_Pastoral Outreach Worker fund_
Money given specifically towards funding the pastoral outreach worker post is paid into this fund. The money is used to meet all the costs related to employing a person in this role. _AV fund_
Money given specifically towards the costs related to the PA system is paid into this fund. _Vicar’s Discretionary Fund_
Donations paid into this fund are used as felt necessary. _BMNEC Grant Fund_
A grant has been awarded by the Boston Municipal Non-Educational Charites for pastoral outreach work. Any expenditure related to this comes out of this fund.
_Re-ordering fund_
This fund receives any donations given towards re-ordering work in the church. _Youth Groups fund_
The money in this fund is donated to be spent on youth work. _BMNEC Clubnite Grant Fund_
A grant has been awarded by the Boston Municipal Non-Educational Charites for Clubnite. Any expenditure related to this comes out of this fund.
_Deanery Administrator Fund_
During the year our administrator worked for the diocese as Holland Deanery administrator. Money received from the diocese and paid out to the administrator came through this fund.
18
## **PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, BOSTON**
## **Independent Examiner's Report to the Parochial Church Council of Holy Trinity Church, Boston**
I report on the accounts of the company for the year ended 31[st] December 2023 which are set out on page 6 to 18.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures 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 given 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:
- 1 which gives me reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Independent Examiner………… ……………….. Date: 24/03/2024 Damon Brain FMAAT ACA Duncan & Toplis Limited 4 Henley Way Doddington Road Lincoln LN6 3QR
19