The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Financial statements
For the period ended 31 December 2023
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Contents of the Financial Statements For the Period Ended 31 December 2023
| Page | |
|---|---|
| Charity information | 1 |
| Trustees report | 2 |
| Statement of trustees responsibilities | 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 |
| The following pages do not form part of the statutory | accounts: |
| Detailed statement of financial activities (Unrestricted) | 9 |
| Detailed statement of financial activities (Restricted) | 10 |
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Charity Information
For the Period Ended 31 December 2023
| CHARITY NUMBER: | 1132311 |
|---|---|
| GOVERNING INSTRUMENT: | The charity is controlled by its governing document, a deed |
| of trust and constitutes an unincorporated charity. | |
| REGISTERED OFFICE: | 1 Lord Knyvett Close |
| Stanwell | |
| Staines-Upon-Thames | |
| Middlesex | |
| TW19 7PF | |
| TRUSTEES: | Rev Michael Dobson |
| Janet Tewkesbury | |
| Ronnie Smith | |
| Julian Coxon-Aristizabal | |
| Jan Davis | |
| Mike Akers | |
| Barbara Akers | |
| Gerald Gorringe | |
| Alan Pilfold | |
| Jen Pilfold | |
| Francis Taylor | |
| Klaudia Esprit | |
| Matthew Racliffe | |
| Nora Scott | |
| Henrietta Bayliss | |
| REPORTING ACCOUNTANTS: | Rishworth Baxter Accountants |
| 26 Cheapside | |
| Wakefield | |
| West Yorkshire | |
| WF1 2TF | |
| BANKERS: | Barclays Bank UK PLC |
| 1 Churchill Place | |
| London | |
| E14 5HP |
Page 1
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Report of the Trustees
For the Period Ended 31 December 2023
The trustees present their report with the financial statements of the company for the period ended 31 December 2023. The information set out on page 1 forms part of this report.
OBJECTIVES AND REVIEW OF PROGRESS AND ACHIEVEMENTS
The current year (2024) has seen Fr Michael Dobson finish his three-year term as Interim Priest-in-Charge at St. George’s. We now enter a period of interregnum with the full support of Bishop Jonathan and Archdeacon Richard. We will concentrate on planned repairs and maintenance projects for both the Church itself and surrounding Parish rooms and land. We will be working to increase the size of the congregation, running fund-raising events, renewed pastoral work and aim to increase services, all within an air of peace and prayer.
There will also be a new focus on having closer ties with nearby parish churches. The success of the CCX church growth course at St Edmunds as well as achieving a bronze award as an Eco Church will be built upon. The senior team with the congregation of St George's and with the right support want to be able to look forward to a period of calm and growth, both spiritually and numerically.
ORGANISATION
The Church is a registered Charity under number 1132311. It is run by appointed trustees.
RESERVES POLICY AND RISK MANAGEMENT
Projects, whether entailing capital or revenue expenditure, are not initiated until funding is committed. At present, donations are the main source of income for specific projects. General reserves at 31 December 2023 are £49900.
The PCC is determined to offer the highest possible quality of worship which do great honour to God, which are consistent with the one true Holy and Apostolic church throughout the ages and which bless the congregation with a sense of the real presence of God.
AGENTS AND ADVISORS
The reporting accounts are Rishworth Baxter Accountants.
REVIEW OF FINANCIAL ACTIVITIES AND AFFAIRS
The accounts comply with statutory requirements, the governing document and the SORP relating to charities.
ACCOUNTS
The attached statement of account complies with the Charities Act 1993, the Statement of Recommended Practice 2000 and the charity's governing document.
SIGNED ON BEHALF OF THE TRUSTEES
…………………………………………………………..
Ronnie Smith - Trustee
Date:
Page 2
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Statement of Trustees' responsibilities For the Period Ended 31 December 2023
Charity law requires to prepare Financial Statements for each financial year which give a true view of the state of affairs of the Charity and of its financial activities for that period. In preparing those Financial Statements the Trustees are required to:
a) Select suitable accounting policies and then apply them consistently.
b) Make judgments and estimates that are responsible and prudent.
c) State whether the policies adopted are in accordance with SORP2000 and with applicable accounting standards, subject to any material departures disclosed and explained in the Financial Statements.
d) Prepare the Financial Statements on the going concern basis unless it is inappropriate to assume that the Charity will continue operating.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the Financial Statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities
Page 3
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Reporting accountants report to the Trustees of The Parochial Church Council of The Ecclesiastical Parish of George Hanworth For the Period Ended 31 December 2023
I report on the accounts of the Charity for the period ended 31 December 2023 which are set out on pages 5 to 9.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND REPORTING ACCOUNTANT
As the Charity's Trustees you are responsible for the preparation of the Accounts; you consider that the audit requirement of Section 43 (2) of the Charities Act 1993 does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under Section 43 (7)(b) of the Charities Act, whether particular matters have come to my attention.
BASIS OF REPORTING ACCOUNTANTS REPORT
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 I do not express any audit opinion on the view given by the Accounts.
REPORTING ACCOUNTANT'S 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;
a) To keep accounting records in accordance with Section 41 of the Charities Act 1993.
b) To prepare Accounts which accord with the accounting records and to comply with the accounting requirements of the Act.
Mr B Baxter
Date: …………………………..
Rishworth Baxter Accountants 26 Cheapside Wakefield WF1 2TF
Page 4
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Statement of Financial Activities
For the Period Ended 31 December 2023
| INCOME AND ENDOWMENTS FROM Donations and legacies Other income Total income and endowments RESOURCES EXPENDED Raising funds Other resources expended Total resources expended NET INCOMING / OUTGOING RESOURCES |
Unrestricted Funds £ Restricted Funds £ Total Funds £ Prior Year Funds £ Notes 34,394 1,966 36,360 36,264 2 30,423 - 30,423 21,428 3 64,817 1,966 66,783 57,692 58,781 2,435 61,216 43,397 1,556 - 1,556 3,209 4 60,337 2,435 62,772 46,606 4,480 469 - 4,011 11,086 15,861 30,029 45,890 34,803 20,341 29,560 49,901 45,890 |
|---|---|
| BALANCE AT 1 JANUARY 2023 BALANCE AT 31 DECEMBER 2023 |
Page 5
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Balance Sheet
For the Period Ended 31 December 2023
| CURRENT ASSETS Debtors Cash at bank CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL NET ASSETS INCOME FUNDS Restricted funds Unrestricted funds |
Unrestricted Funds £ Restricted Funds £ - - 19,861 30,040 |
Total Funds £ Prior Year Funds £ Notes 5 - - 49,901 45,890 49,901 45,890 - - 6 49,901 45,890 49,901 45,890 30,029 20,817 15,861 13,986 45,890 34,803 |
|---|---|---|
| 19,861 30,040 |
||
| - - |
||
| 19,861 30,040 |
||
| 19,861 30,040 |
||
These financial statements were approved by the Trustees on ……………...………………… and signed on their behalf by:
…………………………………………………………………………
Ronnie Smith
Page 6
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Notes to the accounts
For the Period Ended 31 December 2023
1. ACCOUNTING POLICIES
Basis of Accounting
The accounts have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice, Accounting by Charities, 2000 and the Charities Act 1993.
a) Incoming Resources
Incoming resources are reported as gross.
b) Donations
Donations are credited in full to the financial statements on a cash basis.
c) Grants Receivable
Grants are recognised when receivable. Capital grants are treated as restricted fund income, revenue grants are treated as unrestricted fund income, unless they are for specific projects.
d) Direct Charitable Expenditure and Management and Administration Costs
Direct charitable expenditure comprises all expenditure directly relating to the objects of the charity. When necessary, costs are allocated between direct charitable expenditure and management and administration on an actual basis. Costs are recognised when the liability is incurred.
e) Fixed Assets
Fixed assets are stated at cost or estimated value in use.
f) Funds
Restricted funds represent capital project funds and revenue funds for specific projects.
g) VAT
Irrecoverable VAT is included in expenditure or the cost of assets acquired.
Page 7
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Notes to the Accounts - continued For the Period Ended 31 December 2023
2. INCOME FROM DONATIONS AND LEGACIES
| Unrestricted Funds £ Restricted Funds £ Total Funds £ Prior Year Funds £ Gift aid 3,443 - 3,443 3,910 Gifts and donations 30,951 1,966 32,917 32,355 34,394 1,966 36,360 36,265 3. OTHER INCOME Miscellaneous 1,035 - 1,035 - Rental income 29,388 - 29,388 21,428 29,388 - 29,388 21,428 4. OTHER EXPENDITURE Administration 716 - 716 1469 Accountancy fees 840 - 840 1740 1,556 - 1,556 3,209 5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors - - - - - - - - 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors - - - - - - - - |
Unrestricted Funds £ Restricted Funds £ Total Funds £ Prior Year Funds £ 3,443 - 3,443 3,910 30,951 1,966 32,917 32,355 |
|---|---|
| 34,394 1,966 36,360 36,265 |
|
| 1,035 - 1,035 - 29,388 - 29,388 21,428 |
|
| 29,388 - 29,388 21,428 |
|
| 716 - 716 1469 840 - 840 1740 |
|
| 1,556 - 1,556 3,209 |
|
| Other creditors | |
| - - - - |
Page 8
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
Detailed Statement of Financial Activities (Unrestricted) For the Period Ended 31 December 2023
| INCOME AND ENDOWMENTS Donations and legacies Gift aid Gifts and donations Other income Miscellaneous Rental income Total incoming resources RESOURCES EXPENDED Raising donations and legacies Church restoration and maintenance Church running expenses Clergy expenses Mission costs Upkeep of services Upkeep of the churchyard Other Administration Accountancy fees Total resources expenses NET OUTGOINGS RESOURCES |
£ £ 3,443 30,951 34,394 1,035 29,388 30,423 64,817 4,323 51,666 1,205 624 944 19 58,781 716 840 1,556 60,337 4,480 2023 |
£ £ 3,443 30,951 34,394 1,035 29,388 30,423 64,817 4,323 51,666 1,205 624 944 19 58,781 716 840 1,556 60,337 4,480 2023 |
£ £ 3,910 22,790 26,699 - 21,428 21,428 48,128 4,498 34,499 - - 2,408 1,992 43,397 1,117 1,740 2,857 46,254 1,874 2022 |
£ £ 3,910 22,790 26,699 - 21,428 21,428 48,128 4,498 34,499 - - 2,408 1,992 43,397 1,117 1,740 2,857 46,254 1,874 2022 |
|---|---|---|---|---|
| 34,394 | 26,699 | |||
| 1,035 29,388 |
- 21,428 |
|||
| 30,423 | 21,428 | |||
| 64,817 | 48,128 | |||
| 4,480 | 1,874 | |||
| 58,781 | 43,397 | |||
| 716 840 |
1,117 1,740 |
|||
| 1,556 | 2,857 | |||
| 60,337 | 46,254 | |||
This page does not form part of the statutory financial statements Page 9
The Parochial Church Council of The Ecclesiastical Parish of George Hanworth
| Detailed Statement of Financial Activities (Restricted) For the Period Ended 31 December 2023 INCOME AND ENDOWMENTS £ £ Donations and legacies Gifts and donations 1,966 1,966 Total incoming resources 1,966 RESOURCES EXPENDED Raising donations and legacies Upkeep of the churchyard 2,435 2,435 Other Administration - - Total resources expenses 2,435 NET OUTGOINGS RESOURCES 469 - TOTAL OUTGOING RESOURCES 4,011 2023 |
Detailed Statement of Financial Activities (Restricted) For the Period Ended 31 December 2023 INCOME AND ENDOWMENTS £ £ Donations and legacies Gifts and donations 1,966 1,966 Total incoming resources 1,966 RESOURCES EXPENDED Raising donations and legacies Upkeep of the churchyard 2,435 2,435 Other Administration - - Total resources expenses 2,435 NET OUTGOINGS RESOURCES 469 - TOTAL OUTGOING RESOURCES 4,011 2023 |
Detailed Statement of Financial Activities (Restricted) For the Period Ended 31 December 2023 INCOME AND ENDOWMENTS £ £ Donations and legacies Gifts and donations 1,966 1,966 Total incoming resources 1,966 RESOURCES EXPENDED Raising donations and legacies Upkeep of the churchyard 2,435 2,435 Other Administration - - Total resources expenses 2,435 NET OUTGOINGS RESOURCES 469 - TOTAL OUTGOING RESOURCES 4,011 2023 |
£ | £ | £ |
|---|---|---|---|---|---|
For the Period Ended 31 December 2023 INCOME AND ENDOWMENTS Donations and legacies Gifts and donations Total incoming resources RESOURCES EXPENDED Raising donations and legacies Upkeep of the churchyard Other Administration Total resources expenses NET OUTGOINGS RESOURCES TOTAL OUTGOING RESOURCES |
|||||
| - | |||||
| 1,966 | 9,565 | ||||
| 1,966 | 9,565 | ||||
| 469 - 4,011 |
9,213 11,087 |
||||
| 2,435 | - | ||||
| - | 352 | ||||
| - | 352 | ||||
| 2,435 | 352 | ||||
This page does not form part of the statutory financial statements Page 10