PAROCHIAL CHURCH COUNCIL OF PARKSTONE SAINT PETER AND SAINT OSMUND WITH BRANKSEA SAINT MARY
Registered Charity No.1132324
ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 December 2023
Incumbent:
The Revd Michael Trotman The Rectory 19 Springfield Road Poole BH14 0LG
Bank:
Lloyds Bank 101 High Street Poole BH15 1AJ
Independent Examiner: Mrs S Wintle FMAAT 27 Bascott Road Wallisdown Bournemouth BH11 8RJ
AIM AND PURPOSES
The Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
The PCC is also specifically responsible for the maintenance of the church buildings of the parish: St Peter’s, Parkstone, and St Mary’s, Brownsea.
OBJECTIVES AND ACTIVITIES
The PCC is committed to enabling as many people as possible to worship at our churches and to become part of the church community of the parish.
The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many socio-economic groups that live within our parish.
Our services and worship put faith into practice through prayer and scripture, music and sacrament.
Our mission and ministry to our local community is based on our three values of being focused on God, speaking of Jesus and caring about people.
To facilitate this work, it is important that we maintain the fabric of the church buildings of the parish.
WORSHIP AND PRAYER
The PCC is dedicated to offering a range of worship services during the week and over the course of the year that our community find both beneficial and spiritually fulfilling.
The worship pattern that includes Breakfast Worship and a High-Mass service has continued to provide stability and opportunities for growth in our worship, and, significantly, in the way in which our laity exercise their ministry in leading worship.
PASTORAL CARE
Led by Heidi Trotman, our Lay Pastoral Assistants and wider parish visiting team have aimed to provide pastoral care across Lower Parkstone, for those who need it, whether regular church attenders or not. Regular services are held at residential and care facilities across the parish.
FINANCIAL REVIEW
The PCC aims to adopt best practice for accounting and authorising expenditure, and to maximise income where possible.
The PCC aims to have sufficient cash reserves to meet its immediate needs, and this is proving to be difficult due to a gradual decrease in regular, committed monthly giving.
This is an unfortunate declining income trend due to longstanding, faithful worshippers who have died, and the ongoing cost of living crisis putting pressure on household expenses.
It is our long-term hope that our worshipping community’s sacrificial giving will meet our annual parish share obligations in full.
VOLUNTEERS
We would like to thank all the volunteers who work so hard to make our parish the lively and vibrant community that it is.
In particular we want to mention our Churchwardens, Treasurer and PCC Secretary, Gift Aid Secretary and our Parish Administrator who fulfil these essential parish roles.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The PCC embraces the House of Bishops’ safeguarding guidance, both policies and practice, and it publishes and regularly reviews its Safeguarding Policy.
The method of appointment of PCC members is set out in the Church Representation Rules, which can only be substantially amended by the Annual Parochial Church Meeting.
The membership of the PCC comprises of the Incumbent (our Rector), Associate Priests, the Churchwardens, the Deanery Synod members and members elected or co-opted from those members of the congregation who are on the electoral roll of the parish.
All those who attend our worship services, and are therefore members of the congregation, are encouraged to register on the Electoral Roll and stand for election to the PCC.
The PCC members are responsible for making decisions on all matters of general concern and importance to the parish, including deciding on how the funds of the parish are to be spent.
ADMINISTRATIVE INFORMATION
The parish of Parkstone St Peter and St Osmund with Branksea St Mary is part of the Diocese of Salisbury within the Church of England. The Parochial Church Council (PCC) is a registered charity No.1132324.
St Peter’s Church is situated on Church Road, Parkstone, and St Mary’s Church on Brownsea Island.
The correspondence address for the parish is St Peter’s Church, Church Road, Poole BH14 0NN.
The PCC operates through a number of committees, which meet between full meetings of the PCC. In addition to these committees there are ministry team and strategic planning groups.
PCC members who have served from 1st January 2023 until the date this report was approved:
Incumbent: The Revd Michael Trotman – Rector and PCC Chair Associate Priest: The Revd Sally Bedborough Associate Priest: The Revd Pat Southgate – retired at last APCM, May 2023 Assistant Curate: The Revd Elaine McCourt – licensed October 2023
Churchwardens:
Mrs A Balaam – elected 21 May 2023 Mr C Balaam Mr D Holliday Mrs J Miller
Representatives on the Deanery Synod (elected until 30[th] July 2026):
Mrs A Bessant Mrs J Davis Mr D Holliday
Elected Members:
Mrs A Bessant Mr K Cann Mr T Southgate Mr R Southam – died 8th September 2023 Mr I Thompson Mrs H Trotman Mr P Yates
Co-options:
Mr N Ellison – Honorary Treasurer
CHURCH ELECTORAL ROLL
| CHURCH ELECTORAL ROLL | |
|---|---|
| Electoral Roll | 177 |
| Resident | 127 |
| Non-Resident | 50 |
ANNUAL REPORT ON PARISH ACTIVITIES
Accrual Accounts for the year ended 31st December 2023 show a loss of £34,016.
As shown in F5 Income 2f (Realisation of Diocese-held shares), a total of £201,000 was withdrawn from Restricted Funds for the following: -
£50,000 to complete the New Toilets project
£61,000 for the new stackable chairs
£90,000 for the replacement of St Peter's high guttering and downpipes.
Only £206,293 now remains held on our behalf by Salisbury Diocese as the custodian trustees.
The value of Brian Cook's legacy income shares (held under PCC's control) was £164,865 at 31st December 2023.
Safeguarding – we have been working on safeguarding awareness to ensure that as a church we fully embrace this important issue and are fully compliant with the law. The PCC is complying with new guidelines introduced by the National Church on the safeguarding of children, young people and adults at risk.
The Standing, Finance, Fabric and Maintenance Committee – this combined committee meets between PCC meetings to deal with urgent business and prepare the PCC agenda. It deals with financial matters such as monitoring expenditure and preparing the budget. It also deals with the care of our buildings, contents and land. There is much to be done to improve the condition of our buildings at St Peter’s and St Mary’s. The St Peter’s churchyard is well maintained by Samson Landscapes, and Jenny Hastrop, assisted by a team of volunteers. We are very grateful to the small group of individuals who generally clean and maintain the churches internal appearance. The Standing Committee is the only one required by church law.
The Social, Events and Communications Committee – Attends to matters of parish communication both within the congregation and with the local community. It also organises social events to deepen our fellowship with each other.
St Peter’s Choir – With an age range from eleven to eighty, the choir meets on Friday evenings to practise. It sings at 10.00am every Sunday and at additional services and festivals. Many thanks to Luke Atkins (Choir Leader), to Beverley Manning (Organist), and to all the choir members for their ongoing commitment.
The Friends of St Peter’s Parkstone – This is a separate charity, membership of which is aimed at the wider community of Lower Parkstone, as well as those for whom St Peter’s has personal memories, maybe they were married here, or their child was baptised here, or even for those for whom St Peter’s was there when they needed a place to sit quietly. The guidebook on the history of the church is a helpful publication and our hope is that we will encourage more people, locally and from further afield, inside our beautiful building and supporting its maintenance with donations.
The Friends of St Peters also organises Friday concerts, which are held from June to September in St Peter’s Church. They provide an opportunity for people to listen to a half hour music recital, and enjoy fellowship over a light lunch. The proceeds from refreshments go to various charities and the retiring collections go to the Friends of St Peter’s funds.
St Peter’s Lunch Club – We meet fortnightly in the café area of the church. About twenty people attend to enjoy good food, friendship and share news of members and helpers. Members’ ages range from 65 to over 100, and there is a mix of people from our own and other churches and from the local Parkstone area. A three-course meal is served by a team of volunteers, followed by tea or coffee.
Prayer Groups – Pray 4 the Week meets each Monday morning to offer prayers for people in need. There is also a prayer and fasting group, which meets at noon on the first day of every month to pray for climate justice.
The Flower Group – Thanks to Ann Balaam who has kept a constant supply of flower arrangements to enhance our worship. We are self-funding and are therefore reliant on the kind generosity of our congregation. The flowers are usually paid for by memorial donations, and annual Easter and Christmas collections. The group welcome suggestions and any offers of help.
Our Missional Outreach continues with the Poole refuge, Routes-to-Roots, local schools and care homes. Our congregation always tries to respond to various local and national appeals, such as Christian Aid Week. Routes-to-Roots supports rough sleepers helping them into sustainable accommodation.
Breakfast Worship meets on the first Sunday of every month. It has successfully relaunched in St Peter’s Church and is our busiest service attracting up to 40 children and 80 adults.
St Mary’s, Brownsea has regular services in church from Easter until October. Services are attended by scout and guide groups camping on the island, by residents, National Trust visitors and Brownsea Castle guests. The blessing of the sea and harvest services are highlights of the Brownsea programme.
The clergy team have continued to contribute enormously to the worship, outreach and pastoral care at St Peter’s. They each bring distinctive gifts for which we are deeply thankful to God. Thanks are also expressed to everyone who have so generously given their time and talent to the benefit of St Peter’s, Parkstone and St Mary’s, Brownsea.
Approved by the PCC on 21[st] March 2024 and signed on their behalf by:
The Revd Michael Trotman (Rector and PCC Chair) _____
Neil Ellison (PCC Treasurer) ______
PAROCHIAL CHURCH COUNCIL OF PARKSTONE SAINT PETER AND SAINT OSMUND WITH BRANKSEA SAINT MARY
INDEX
| Page | |
|---|---|
| Statement of Financial Activities | F1 |
| Balance Sheet | F2 |
| Examiner's Report | F3 |
| Notes to the Financial Statements | F4-11 |
PAROCHIAL CHURCH COUNCIL OF PARKSTONE SAINT PETER AND SAINT OSMUND WITH BRANKSEA SAINT MARY
STATEMENT OF FINANCIAL ACTIVITIES
For the year ended 31st December 2023
| Note INCOMING RESOURCES Incoming resources from donors 2(a) Other voluntary incoming resources 2(b) Income from charitable and ancillary trading 2(c) Other ordinary incoming resources 2(d) Income from investments/Bank 2(e) Realisation assets/shares 2(f) TOTAL INCOMING RESOURCES RESOURCES EXPENDED Grants 3(a) Activities directly to the work 3(b) of the church Publicity 3(c) Church management and administration 3(d) TOTAL RESOURCES EXPENDED NET INCOMING / -OUTGOING RESOURCES Gain/ -loss on investments 4(a) NET MOVEMENT IN FUNDS BALANCES B/FWD 1 JANUARY BALANCES C/FWD 31 DECEMBER |
Unrestricted | Restricted | Endowment | TOTAL | FUNDS |
|---|---|---|---|---|---|
| Funds £ 96,228 5,405 21,863 5,279 20,194 20,349 169,317 |
Funds £ 37,457 1,173 0 0 1,995 201,000 241,625 |
Funds £ 0 0 0 0 754 0 754 |
2023 £ 133,684 6,578 21,863 5,279 22,943 221,349 411,696 |
2022 £ 117,250 12,685 17,245 48,329 20,088 0 |
|
| 215,596 | |||||
| 20 138,346 1,567 16,006 155,939 |
503 282,351 0 425 283,278 |
0 1,504 0 0 1,504 |
523 422,201 1,567 16,430 440,721 -29,025 -4,991 -34,016 314,359 280,343 |
1,238 228,971 1,257 15,641 |
|
| 247,106 | |||||
| 13,378 -4,991 8,388 242,036 250,424 |
-41,654 0 -41,654 71,573 29,919 |
-750 0 -750 |
-31,511 -22,549 -39,775 |
||
| -93,835 408,193 |
|||||
| 750 | |||||
| 0 | |||||
| 314,359 |
Page F1
PAROCHIAL CHURCH COUNCIL OF PARKSTONE SAINT PETER AND SAINT OSMUND WITH BRANKSEA SAINT MARY
BALANCE SHEET AS AT 31st December 2023
| FIXED ASSETS 4 Tangible Investment Brian Cook Legacy Investment Fund shares CURRENT ASSETS Debtors 5 HMRC Gift Aid 2023 2023 Qtr 4 Deposits Interest Cash at Bank and in hand LIABILITIES Creditors-amounts falling due in one year Accounts Payable 6 Independent Examiner Salisbury Statutory Fee 2023 NET CURRENT ASSETS/(LIABILITIES) TOTAL NET ASSETS PARISH FUNDS Unrestricted 7 Restricted 7 Endowment 7 |
2023 £ 164,866 164,866 923 1,776 265,815 -152,266 -470 -300 115,477 280,343 250,424 29,919 0 280,343 NIL |
2022 £ 169,856 NIL |
|---|---|---|
| 169,856 | ||
| 3,683 0 141,474 0 -460 -195 |
||
| 144,502 | ||
| 314,359 | ||
| 242,036 71,573 750 |
||
| 314,359 |
Approved by the Parochial Church Council on 21 03 2024 and signed on its behalf by:
Reverend Michael Trotman Rector and P C C Chair
The notes on pages F4 to F11 form part of these accounts
Page F2
PAROCHIALCHURCN COUNCIL OF PARKSTONE SAINT PETER AND SAINT OSMUND wrTH BRANK5EA SAINT MARY Independent exarnlnerfs report tolhe PCC of Parkstone Salnt Peter and Salntogmund wlth Branksta Saint Mary Thls report on the fTnancSal statements ol the PCC for the year ended 3151 December 2023 which are set out on pa8e5 l and 2, is in respett of an examination carried out in accordance with the Church Accounting Re8ulations 2006 I'the Re8ulation5'1 and s.43 of the Charities Act 20111'the Act'l Re5pecll¥e responslbllbtle5 olthe PCC and the examlner As members ol the PCC you are responsible for the preparation ol the financial statements,. you consider that the audit requirernents ol the Regulations and s.43121 of the Act does not apply. It Is my responsibllity to Issue this report on those financial siatements in accordance wlth the terms of the Regulations. Bas15 of thls report My examlnatlon was carrled out in ac¢ordancè wlth the General Dlrections glven by the Charlty Commlsslon under s.4317llbl of the Act and to be found in the Church guldance. 2006 edition. That examinatlon Includes a review ol the accountin8 records kept by the PCC and a cornparison ol the accounts with those records. It also includes considerin8 any unusual Items or disclosures in thè financial statements and seeking explanations from you bs trustees concernlng any such matters. The procedures undertaken do not provlde all the evidence that would be requlred In an aL¢d5t, and Consequently I do not express an audlt opinion on the view 8lven by ihe accounts. Independent examlnerfs statemtDt In connection with my examlnatlon. no matter has come to my attention.. which gives me rèasonable cause to believe that in any material respect the requirements to keep #¢¢tyuntin8 record5 In accordance wlth section 4101 the Act., and to prepare flnanclal sratements, whlch èccord with the accountln8 records and comply w5th the requlrements of the Act anil the Regulations, have not beèn met,, or to whiLh, sn my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Slgned: Date,,. Examln•r Nam• MRS SUE WINTLE FMAAT Examlner's Addr$ 27 BASCOTT ROAD ALLISDOWN POOLE 8HII 8RJ Page F3
PAROCHIAL CHURCH COUNCIL OF PARKSTONE SAINT PETER AND SAINT OSMUND WITH BRANKSEA SAINT MARY NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2023
1. ACCOUNTING POLICIES
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the FRS102 dated 1/1/2015 and Charities SORP in the Charities Act 2011.
The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
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 apportioned to individual funds on an average balance basis.
Unrestricted funds are general funds which can be used for PCC ordinary purposes.
Incoming Resources
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably.
Income from grants, whether 'capital' grants or 'revenue'grants is recognised when the charity has entitlement to the funds.
Receipt of a legacy, in whole 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 distribution.
Resources expended
Liabilities are recognised as expenditure as soon as there is a legan and constructive obligation committing the charity to that expenditure. The diocesan parish share is accounted for and paid quarterly. Amounts received specifically for mission are dealt with as restricted funds. restricted funds. Church insurance is paid monthly.
Fixed assets
Consecrated and benefice property is not included in the accounts in accordance with s.96(2)(a) of the Charities Act 2011.
Movable church furnishings held by the Rector and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2006 there is insufficient cost information available and therefore such assets are not valued in the financial statements.
Investments are funds held in CBF Church of England investment fund - accumulation fund The PCC also received dividends from investments held by the Salisbury Diocesan Investment Board of Finance also held at CBF.
Page F4
PAROCHIAL CHURCH COUNCIL OF PARKSTONE SAINT PETER AND SAINT OSMUND
WITH BRANKSEA SAINT MARY
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the Year ended 31st December 2023
| 2 . INCOMING RESOURCES 2(a) Incoming resources from donors Planned Giving Income Tax Recovered Collections Sundry Donations Organist - value of service donated Non-recurring one-off Grants 2(b) Other Voluntary Incoming resources Legacies Events Poole Refuge donations/collections 2(c) Income from charitable and ancillary trading Outlook Parish Magazine Lettings - Parish Centre Refreshments after Services Church Fees / Church hire Heating charges Printing Sales Cards, Pens, Books (St Mary's) Lunch Club Sundry Receipts 2(d) Other ordinary incoming resources Social Choir Insurance claims 2(e) Income from Investments/bank Gross interest/Dividends 2(f) Realisation of assets/income shares Realisation of Diocese-held shares TOTAL INCOMING RESOURCES |
Unrestricted Funds £ 54,177 18,096 8,182 13,580 2,192 96,228 |
Restricted Funds £ 21,597 4,000 11,860 37,457 |
Endownment Funds £ 0 |
TOTAL FUNDS 2023 £ 54,177 18,096 8,182 35,177 4,000 14,052 |
|---|---|---|---|---|
| 133,684 | ||||
| 1,000 4,405 5,405 190 13,113 200 4,082 432 0 576 1,763 1,508 21,863 136 0 5,143 5,279 |
1,023 150 1,173 0 0 |
0 0 0 |
1,000 5,428 150 |
|
| 6,578 | ||||
| 190 13,113 200 4,082 432 0 576 1,763 1,508 |
||||
| 21,863 | ||||
| 136 0 5,143 5,279 |
||||
| 20,194 20,194 20,349 0 20,349 169,317 |
1,995 1,995 0 201,000 201,000 241,625 |
754 754 0 0 754 |
22,943 | |
| 22,943 | ||||
| 20,349 201,000 |
||||
| 221,349 | ||||
| 411,696 |
Page F5
PAROCHIAL CHURCH COUNCIL OF PARKSTONE SAINT PETER AND SAINT OSMUND WITH BRANKSEA SAINT MARY
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the Year ended 31st December 2023
| 3. RESOURCES EXPENDED 3(a) Grants Missionary and charitable giving.Details at 9(a); 3(b) Activities relating directly to the work of the Church Ministry Diocesan Parish share Clergy Expenses Lunch Club meals Church Buildings-St Peter's Heat, Light and Water General Repairs & Maintenance Insurance Equipment Organ repair & maintenance Upkeep of Churchyard Church major repairs - structure Church major repairs - installation Services-St Peter's Upkeep of Services Publications Flowers Director of Music Organist (including value of donated service) Organist - other Choir Licences; (CCLI Christian copyright) Breakfast Worship / Christian Education Parish Heat, Light, Water Centre Other running Costs Maintenance/Repairs Manager and Cleaner Insurance Equipment/Misc Bank Charges Subtotal |
Unrestricted Funds £ 20 20 79,990 418 1,405 178 3,278 13,176 119 6,509 2,693 879 9,560 1,400 3,543 120 0 216 721 1,827 712 282 4,288 1,133 0 84 132,531 |
Restricted Funds £ 503 503 1,405 8,581 4,147 61,083 5,289 7,915 98,284 90,823 4,000 743 282,271 |
Endow -ment Funds £ 0 1,230 1,230 |
TOTAL FUNDS 2023 £ 523 |
|---|---|---|---|---|
| 523 | ||||
| 81,395 418 0 1,405 8,759 8,655 13,176 61,203 11,798 10,608 99,163 100,383 1,400 0 0 3,543 4,120 0 216 721 743 1,827 712 282 4,288 1,133 0 84 |
||||
| 416,032 |
Page F6
PAROCHIAL CHURCH COUNCIL OF PARKSTONE SAINT PETER AND SAINT OSMUND WITH BRANKSEA SAINT MARY
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the Year ended 31st December 2023
| 3. RESOURCES EXPENDED 3b B/Fwd 3(b) continued St Mary's Branksea Maintenance/Repairs Cards, Pens, Books for sale Insurance Upkeep of Services Miscellaneous Event Expenses Social 3b total 3(c) Publicity Christmas Cards other Outreach St Peter's website 3(d) Church Management and Administration Parish Administrator Bookeeping Printing, postage, admin supplies Telephone & broadband Bank charges & SumUp fees Examiner 2023 Governance costs TOTAL RESOURCES EXPENDED |
Unrestricted Funds £ 132,531 289 0 3,259 337 0 1,628 302 |
Restricted Funds £ 282,271 80 |
Endownment TOTAL Funds FUNDS 2023 £ £ 1,230 416,032 274 563 0 3,259 337 0 1,708 302 |
Endownment TOTAL Funds FUNDS 2023 £ £ 1,230 416,032 274 563 0 3,259 337 0 1,708 302 |
|---|---|---|---|---|
| 138,346 | 282,351 | 1,504 | 422,201 | |
| 328 724 515 1,567 8,850 975 2,845 1,972 293 470 600 16,006 |
0 136 289 425 |
0 0 1,504 |
328 724 515 |
|
| 1,567 | ||||
| 8,850 975 2,981 2,261 293 470 600 |
||||
| 16,430 | ||||
| 155,939 | 283,278 | 440,721 |
Page F7
PAROCHIAL CHURCH COUNCIL OF PARKSTONE SAINT PETER AND SAINT OSMUND
WITH BRANKSEA SAINT MARY
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the Year ended 31st December 2023
4.FIXED ASSETS
Note: (a) Tangible Salisbury Diocesan Board of Finance is the Custodian Trustee and Title Holder of the freehold land & buildings of the Centre at 10 Chapel Road,Parkstone (at 1976 cost) £39,775
NIL
(b) Investments CBF CofE Investment Fund; Brian Cook Legacy Income Shares
| estment Fund; Brian Cook Legacy Income Shares | |
|---|---|
| £ per share 8227.12 shares Value 31st December 2022 20.6459 Revaluationgain/-loss 7293.23 shares Value 31st December 2023 @ 22.6053 |
£ 169,856 -4,991 |
| 164,866 |
Note: CBF Church of England Investment Fund - income shares, where Salisbury Diocese is the custodian trustee: 5,803.9411 Shares in total; Value 31st December 2023 @ £22.6053 = £131,200 5,233.0000 M&G Charifund; Value 31st December 2023 @ £14.3499 = £75,093 The church is entitled to the income from these funds
5.DEBTORS (UNRESTRICTED FUNDS)
6.LIABILITIES
Tax recoverable (Gift Aid) from HMRC £ 923 Interest 2023 Qtr 4 Deposit Accounts £ 1,776 Amounts falling due in one year Accounts payable £ 152,266 Independent examiner's fee £ 470 Statutory fees collected 2023 due to Salisbury Diocese £ 300
7(a) MOVEMENT IN FUNDS
| 7(a) MOVEMENT IN FUNDS | ||||||
|---|---|---|---|---|---|---|
| At 1/1/2023 | Incoming | Outgoing | Gain/Loss on | At 31/12/2023 | ||
| Resources | Resources | Investments | ||||
| Unrestricted funds: | 242,036 | 169,317 | -155,939 | -4,991 | 250,424 | |
| Restricted funds: | ||||||
| Audiovisual Aids imo Ken Bedborough | 0 | 11,980 | -316 | 11,664 | ||
| 0 | ||||||
| Christian Education (School Charity) | 618 | 1,319 | -743 | 1,194 | ||
| Churchyard Fund | 0 | 7,995 | -7,995 | 0 | ||
| Guttering Replacement High Level | 0 | 90,050 | -90,050 | 0 | ||
| High roof investigations | 18,032 | 896 | -5,547 | 13,381 | ||
| Organ (Thornton legacy) | 5,289 | 0 | -5,289 | 0 | ||
| Organist donated service B Manning | 0 | 4,000 | -4,000 | 0 | ||
| Parish Share | 0 | 1,405 | -1,405 | 0 | ||
| Poole Refuge | 361 | 150 | -503 | 8 | ||
| Reordering of St Peter's Phase 1 | 0 | 5,050 | -5,050 | 0 | ||
| Replacement of Nave Chairs | 0 | 61,800 | -60,877 | 923 | ||
| Toilets, New and refurbishment | 33,502 | 56,304 | -92,922 | -3,117 | ||
| Youth/Rector's discretion (Macpherson) | 4,909 | 676 | 0 | 5,585 | ||
| Warm Spaces Grant (Salisbury Dioc.) | 8,861 | 0 | -8,581 | 280 | ||
| 71,573 | 241,625 | -283,278 | 0 | 29,919 | ||
| Endowment funds: | ||||||
| St Marys Endowment | 136 | 137 | -274 | 0 | ||
| St Peter's Damer Dawson | 613 | 617 | -1,230 | 0 | ||
| 750 | 754 | -1,504 | 0 | 0 | ||
| Totals | 314,359 | 411,696 | -440,721 | -4,991 | 280,343 |
Macpherson income fund: Income from a trust invested in the Salisbury Diocese for the Youth of the Parish St Mary's Endowment income fund: Income from a trust invested in the Salisbury Diocese for fabric of St Mary's Damer Dawson Endowment income fund: Income from a trust invested in the Salisbury Diocese for fabric of St Peter's
7(b) ANALYSIS OF NET ASSETS BY FUND
| Fixed Assets Investments Fixed Assets Current Assets Current Liabilities |
Unrestricted Restricted Funds Funds £ £ 0 0 164,866 0 87,134 181,379 -1,576 -151,460 250,424 29,919 |
Endowment Funds £ 0 0 0 0 |
Total Funds £ 0 164,866 268,513 -153,036 |
|---|---|---|---|
| 0 | 280,343 |
Page F8
PAROCHIAL CHURCH COUNCIL OF PARKSTONE SAINT PETER AND SAINT OSMUND WITH BRANKSEA SAINT MARY
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the Year ended 31st December 2023
9a MISSIONS AND CHARITABLE GIVING
| CHARITY Association Promoting Retreats Poole Refuge |
FUNDS RAISED £ - - - - - 503 - - 503 |
GRANT £ 20 - 20 |
TOTAL |
|---|---|---|---|
| £ 20 - - - - 503 - - - - - - - - - - - - - - - - |
|||
| 523 |
Page F9
PAROCHIAL CHURCH COUNCIL OF PARKSTONE SAINT PETER AND SAINT OSMUND WITH BRANKSEA SAINT MARY
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the Year ended 31st December 2023
FUNDS IN THE NAME OF THE CHURCH HELD ELSEWHERE AS AT 31st December 2023
| £ | |||
|---|---|---|---|
| Outlook Parish Magazine | 20 | ||
| St Peter's Church Flowers Group | 77 | ||
| St Peter's Lunch Club | 24 | ||
| St Peter's Refreshments after Services | 86 | ||
| Total | £206 |
Page F10
For the Year ended 31st December 2023
2023 Payments made to PCC members
| 2023 | Payments made to PCC members | ||
|---|---|---|---|
| Date(s) | PCC Member | Details | Amount |
| Monthly £75 honorarium for maintenance of St Peter's, St Mary's and Parish Centre accounts, | |||
| 01/01 -31/12/2023 | Neil Ellison (co-opted as Treasurer) | payment of all invoices and all banking. | £900 |
| 01/01 -31/12/2023 | Revd Mike Trotman | Clergy working expenses 2023 | £418 |
TOTAL £1,318
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