## St. Saviour Westcliff on Sea Charity 1132331 Trustees Annual Report 2022 At the commencement of the year we were still faced with the prospect of not having a priest appointed following the departure of Revd. Lee Mullen. It was also proposed by the diocese that the vicarage, which was empty, would be let out. However, with anew Bishop of Chelmsford having been appointed it appears that the policy of not replacing ministers has, in certain circumstances, been amended. As a consequence, we were advised that the vicarage would not be let and that we were to begin the process of appointing a new incumbent on a ‘house for duty’ basis. The vacancy has now been advertised and although we have had one round of interviews for the position, as at the end of the year, no appointment has yet been made. New interviews are scheduled for early 2023 and we are hopeful that following these a new incumbent will be appointed. During the course of the year, with covid restrictions having been eased, most of the activities which had been suspended have now been reintroduced. Our curate, Revd Judith Wilkinson, has been leading our services on a regular basis and has worked tirelessly to bring some semblance of normality back to our worship. We are still not sharing the chalice at communion nor gathering as a group before the altar and the sharing of the peace is done by waving to others rather than shaking hands but things re gradually returning to normal. Routine maintenance and necessary repairs to both the church and the hall have taken place during the year and these will continue as and when required. In September we had our mandatory quinquennial inspection and it is pleasing to note that the inspector made toe comment that the church is in fair condition and that much work has been done over the past 16 years to tackle historical issues and that, as a result, the church is now In a much better condition. Much has been achieved over the past five years but on-going maintenance and repairs will be necessary to maintain this standard. Usage of the church hall has increased substantially over the course of the year. We now have a ‘preschool’ who use the hall on four days of the week and with the baby sensory class on the other day, the hall is fully booked every day of the week. Evening usage has also improved with various groups and classes taking place. The hall is also very popular for children’s parties at weekends. With the improved income from the hall, our financial position is improving. There was a smaller deficit for the financial year, helped also by a substantial reduction in the parish share payable to the diocese, as we are without an incumbent. It is hoped that for the 2023 year that as hall income increases, we will be able to balance the books, although the impact of increasing energy costs may also have a negative result. During the year we have continued our support of the food bank, allowing them free use of our facilities. We have also continued to offer the hall at reduced rates for charitable fundraising events and also made donations in response to various appeals. We are hopeful that in the coming few months we will be able to announce the appointment on a new incumbent , to resume further activities within the church, to maintain and increase our charitable aims and to proceed with the projects that we were forced to put on hold during the past two years SAINT SAVIOUR'S CHURC>1 BALANCE SHEET AS AT 31# DECEMBER 2022 FIXED ASSe15 CUAAtiir ASSE15 CAF Cash Kcount CAF Gold ccu cjr Dev CffjD CCU C6F Geh W2D oyds T5B ?￿S Bu5i*SS 61270J5 75.83 3394IS5 J6 77815.16 73.53 33,Xll.Jl 67,195.76 20234.46 IjA￿l3 I￿•1.71 14154AS ¢a5h th Nand Dtbicff5. G•ner•l L•￿11￿. Af CBf Dloce5* ,K+J 45,527.10 67I54Jl 1•,103.07 15,527.60 Iioti 41 Note 4b (*• 4C TOTAL CllkllENT A55rrs 3¥155Jl Stipond qi￿tr P•y•bl• Attounts pwbl• chath Pipble fj97.35 150.70 450AXI 909.15 Mot•4d Ilote Nth4d 450. TOTAL UABiunEs ￿￿•5 163.721 12,837.74 ,741fj7 6U75AI 115295.07 74,435.16 16,797.74 61,175Jk) Rth•d I￿1v QNreM Yi. Sty•nd SU￿J$ 35•￿ JM.70L67 io SAINT &4VIOUR'S CHURCH 1132331 PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31rt DECEMBER 2022 INCOME 2022 2021 Voluntary Income Generating Income/Funding Investment Income Church Services 34,470.47 20,468.77 7,164.29 3,747.90 37,￿2.76 13,143.60 5,774.63 1,280.00 TOTAL INCOME 65￿51.43 s1,2￿.99 Note 3a EXPENDITURE Dlocese Ministy Share Peronnel Church Costs Hall Costs Charity 32,593.00 703.34 I3,897￿2 25.684.06 5,81035 48,OCKI.C 977,00 12,898.67 22,068,86 2,562,71 206.08 Note 3a TOTAL EXPENDMIRE CURREKf YEAR DEFECIT 12,837.74 24,380.91 Note 3 EXCEPTIONAL IfEMS Incfft Legaaes Increase In Deposits 90,010.44 12,812.33 Note 3 TOTAL EXCEPTN)NAL 102022.77 OVERALL SURPLUSI DEFICIT 12,837.74 78.435.86 ST. SAVIOUR'S CHURCH - 1132331 PROFIT AND LOSS ACCOUNT FOR THE YEAA EPIDED 315t DECEMOEA 2022 . ￿All$ INCOME Voluntsry IncMI• GKt Ald R•guknf Glft Ald Envehpes Other Glvl DM 28.877.16 4,132.75 1.2tt66 9.843,C 6.802,(1) 14,592.16 1.576.50 Don*knns Tax Re(Th*ral4e G* All L48Kbe5 Other Incon*4lvlr* M•thkne 137.50 4.161.25 4Q40 27.85 34470A7 rim17fj Rummwl S•les Oryan Fyrnl l￿32 LIIL50 1,20L71 15,929.50 12L(I) 414.74 185.66 92.70 IiX*i.S0 Churth Hill Lottln H•ll Mther In¢orn¢ 640.74 Chrft*s TOTAL GEN 20M77 nk and BS Intuest Rent lrnm Lands, bulldhv Inbwtrnffit Revalu•ikm L764.29 424.63 5350.ts) TOTALMI CHURCH SERVK 52.LYJ 170.C() F￿rnI 2.927. 1747.90 L43 57 12 St*ftd.Dloos¢ Ministry Share 32593AX• 703A4 48,1￿. 977.cfj •c*f Curate Hall M•ryrl a••n¢r 132.82 5.622. 24La4 L44th06 &608.88 102.(1) 1.547.S2 450, 2.715.25 3.060.CA) Flrst Akl 4lmin C¢)st5 0￿￿1 I￿.33 3.96L(K> WX67 Insuran Oryan tunln8 •tr Clwjrth M•intenan ae•nlTr8 Upkeep s•rvkes ImlA. ¢opl•r •¢t Elxtrkhy W•tsr Fl•t Rep•trJ Vk•rnie Malor R•pakfr Ptych 8•nk Cthav8•S- chU￿h •￿ints Pvbllc•tlons 7.(X3.60 5.223.1xi 1,261.70 ¢76&79 740.C 793.78 L020. 402.71 2.876.24 4,788.01 Tl.53 &579.13 S23&61 693.61 872.( 44L8J o.( 789A2 1.94 1.739.10 Elethity 2.127A5 2.682.38 i.(#x). 928.74 1.7 14.gG M•ihten•nc• M•Joi R•palfS 2.562.71 Ch•rfty Misslon•ry lane• 12.837.74 24.386.91 A4 1181133 In(rease In Deposlts - 12.837.74 7•.435a6 13 SAINT SAVIOUR'S PCC, WESTCLIFF 1132331 sl Year ended 31 December 2022 Notes to the Aceounts. A¢counting Policies The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with the applicable accounting stsndards and the "Statement of Recommended Practice" (SORP) {FRS 102) Assued by the Charity Commissioners. The accrual basis of accountfftng has been adopted. Funds The ac¢ounls are split into separate fijnds. The main funds of the coun¢il are described in term$ of their purpose and restrictlons in Annex A. These are Unrestricted, Designat¢d, Restricted OT Endowment in nature. Unr￿(rIC1ed- Ihese are generalfunds and can be used by iAe Pccfor anypurpose. Designated - Ihese are generalfunds bul wilh a specific purpose in mind. They can be transferred back to unresli'icledfunds al any lime. Restricted- these are monies donated or allocatedfor a specific purpose only. Endowmenl - the capi¢al mus¢ be mainlained - only income/interest arisingfrom thé endowmen¢ may be used. Incoming Resources All incoming resources are accounted for on a gross basis. Planned giving, collections and donations are recognised when received. Tax rcfunds are recognised as soon as the amounts are claimable. Grants and legacies are accounted for when the Charity is legally entitled to the amounts due. Investment income- dividends are accounted for when receivable. interest and tax recoverable are accrued. All other income is generally recognis¢d when it is receivable. Resources Used The parish share (quota) is paid regularly and is included in expendilure for the year to which it relates. Amounts received specifically for third parties (e.g., The Children's Society: Christian Aid. CMS etc) are dealt with as restricted third-party funds and th¢ liability for payment is iecognised when ihe amounts are received. All other expenditure is generally recognised when it is incurred. l) Charitable Status Members of the PCC are Trustees of the Charity. We were registered on 26, October 2009. The full charity name is: The Parochial Church Council of ihe Eccl&fiasiical Parish ofst. Saviour Weslcliffon Sea. But we are legally entitled to use our registered working name, which is St. Saviour's PCC, Westcliff. As recommended by the Church of England. we set our key charitable objective as "Promoting i tke ecclesiasticalparish the whole mission olihe church" 2) Fixed Assets Consecrated property is nol included in the accounts in accordance with Section 96(2){a) of the Charities Act 1993. All assets of Saint Saviour's such tne Grand Piano and digital Keyboard were originally donated to the church and as such have been fully depreciated during 2021. Individual items of equipment with a purchase price of £500 or less are always written off when the asset it acquired. Investments are shown at market value as at 31 $t December 2022. 3) Annual Accounts The ycar under review has benefitcd by ihe cessation of Covid-19 restrictions meaning that the hall ould be u.%cd for hire, contributing to income. There was an overall loss on nomial trading activities of £12,837.74 against the trading loss of £24,386.91 in 2021. However, during 2021, SI Saviour's Church received two legacies lotalling £90,010.44 during 2021 (Sheila lJesley £80,000 plus interest and Margaret Pope £10,000). The trading loss for the ¢urrent year adds to the deficits of the previous three years. The previous level of deficit was accumulated because of high maintenance and repair costs during 2018 119 and the devastating impact of Covid-19 during 2020 and 2021. 2022 however has again forced upon an extremely challenging financial position The Stipend Parish Share of £32,593 was paid in full for 2022. Hall lettings have increased from 2021 by £4,848.00 to £15,929.50 and we now have a new user- South East Education Income and Expenditure a) Incomin8 resources for nornial trading activities (i.e., funds receive(Vreceivable) from all sources increased by £8.650.44. Voluntary income has increascd by £1,478.91 from lh¢ previous year. Encouragingly many people increased their direcl bank donations which assisted gr¢atly in softening the fall in funds and are starting fo use the PGS scheme , whereby Gift Aid is paid to th¢ church on a regular basis. Activities for gcnerating funds increased slightly by £7,325 du¢ in part lo increased Hall Income of £4,848 and a profit of the Christmas Fair of £860. b) Resources used (i.e., expenditure) were down slightly by £2,898.73. mainly due to of a lower Stipend Quota in 2022 from that of 202 but offset by higher energy costs. Reverend Judith Wilkinson is non-stipend. St Saviour's Church also paid out £872 for repairs to the flat owned by them. ) Overdll, the Church showed a loss summatised as follows: 2019 106,207 3111 Ikeember Incoming Resources Resources Utilised Surplus (Deficit) Before legacies and de osits Legacies and osi18 Overall Surplus Deficit 2022 65.851 2021 57,201 2020 70,405 2018 96,433 2017 106.661 (78.689) (81.588) (102,145) (118,095) (174,965) {105,916) (12,838) (24,387) (31,740) (11.888) (78,532) 745 Nil 102.823 Nil {12,838) 78,436 (31,740) (11,888) (78,532) 745 d) As can be seen from the brief summary above, there is a ￿rther trading deficit following the past pattem. The deficit in 2018 was Predominantly due to the healing repairth of some £71,000 and th¢ fall in market perforn]ances. The regular expenditure continued to exceed the Tegular income meaning the church remains reliant upon one4)ff deposits such as legacies and returns on funds invested which does leave the Church potentially financially exposed. Unfortunately, the impact of the pandemic during 2020 and 2021 has made it difficult for the Church to meet all costs as they fall due from regular income. The major el¢ment of expenditure being the Stipend quota is under constant review by the Diocese and has been advised at £38,652 an increase of approx. 160/0 for 2023. e) In terns of resources available to the Church, as at 3 1st De¢¢mber 2022 these amounted to £330,857(including legacies, deposits and writebacks) when compared to the previous year of £344,702 and is summarised on the Balance Sheet attached. 4) Balance Sheet a) General Debtors amount to £19,603.07 consisting of £6,950.00 for dividends in respect of Ada Ferguson Legacy, and provisional claims from HMRC for Gift Aid of £8,491.82{2020) and £4,161.25 (2021) b) Th¢ Chelmsford Diocese has confinned that the Ada Ferguson Legacy is the property of St Saviour's and is valued by them at £45,527.60 represented by 1,944.12 shares in the CCLA CBF Church of England Investment Fund. This is based on the 2021 valuation as we are still awaiting the details for 2022. The actual dividend on this fiEnd is still awaited. The Diocese have indicat¢d thal this could be in the region of £9,000, but as the details have not been confirnied, it has not been tecognised in the accounts. c) CBF Diocese Funds totalling £67,854.91. consist of Morrison Ros¢ and the proceeds of the sale of the Curate's House in Grosvenor Road. The Chelmsford Diocese has now supplied updated inforniation as at 31° December 2022 on both tbese Funds. Morrison Rose has now been valued at £12,892.71. The decrease of £1.720.18 between this valuation and the ￿ndS held 1&8t year of £14,612.89 has been transferred to a Revaluation Surplus. The capilal of £500 was invested in shares Èn thc CCLA account forniing an endowment fi￿d, the income of which is for 'the cdifice of the parish church,. The proceeds of the fomer Curate's House, 46 Grosvenor Road have now been valued by Chelmsford Diocese at £54,962.20. The Incre￿ of £713.51 between this balance and the balance last year of £54,248.69 has be¢n included in dividend income. These funds are held on deposit in a named CCLA CBF account. The income is accumulated within the fund but can be withdrawn by the PCC for general ecclesiastical purposes. The use of the capital w) only be used for items of a capital natur¢. d) Accounls Payable of £697.35 represent expenses relating to 2022, but not paid until 2023 e) Charitable Payments outstanding represent £150.70 to the Children's Society D Rent of £450 (being one month), has been received in advance. 5) Other Notes a) Ex grAt12 payments- there were no Ex-Gratia payments made in 2022. b) Instltution or body corporate eonnected wfilh the COUDciI - there ar¢ no institutions or bodies corporat¢ connected with the council. c) Guarantees glven by the counefil - the council have given no guarantees. d) Loans outstanding - there are no loans outstanding. e) Cont6ngent liabilities - there are no recognised contingent liabilities. Other material financial commitments there are no other known material financial commitments over and above those shown in the accounts or notes to the acwunts. g) Reserves Policy - there is no reserves policy currently in place, but the purpose of each fund is clearly identified- sec Annex A. Patricia Whlte Treasurer Independent Examiner's Report To the Parochial Church Council of St. Saviour's Church- Westcliff on Sea This on the fManc1￿ statements of St Savioufs PCC Westcliff for the year ended 3 Isl December 2022, which are set out in the attached Accounts, Notes thereto and Balance Sheet , is in resp*d of an examination carried out in accordance with Section 145 of the Charities Act 2011 l U the Act . ) 8 Th￿$ of the Charity you Are reswible for the preparation of the financial statements. You consider that an audit is not required under section 144 of the Act but that an independent examination is needed. It is my resw)nsbility to: l. Examine the accounts under section 145 of the Act 2. Follow Pr￿￿UreS laxa down in the general dittctions given by the Charities COMMI￿ under section 145(5)(b) of the Actr. and 3. Ststc whcthcr particular rnattm have come to my attention. Basis of this rewrt My examination was carried out in accotthnce with the General Dittctions i&sued by the Charity COMM￿On. An examinati