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2022-12-31-accounts

Christ Church Hlghor Bebington- Annual Rewt 2022 EGI6 VTE

Christ Churd) Higher Bebington- Annual Report 2022

Christ Church Higher Bebin9ton- Annual Rèport 2022 WA .*4¢

Christ Church Higher Betinglon- Annual Roport 2022

Page
General
Information
I
Statement of PCC's responsibilities II
Independent
Examiner's
Report III
Statement ofFinancial Activities
(SOFA)
IV
Balance Sheet V
Notes to the Accounts
Note
1
Accounting
Policies
VI
Note 2 Incoming
Resources
VII
Note 3 Resources Expended VIII
Note 4 Clergy Costs Ix
Note 5 Church
Running
Expenses
Ix
Note 6 Church
Repairs and Improvements
IX
Note 7 Upkeep of Churchyard Ix
Note 8 Community
Centre Income & Expenditure
X
Note 9 Church
Management
8 Adminstration XI
Note 10 Grants Paid XI
Note 11 Grants Received XI
Note 12 Special Efforts XI
Note 13 Tangible Assets and Depreciation XII
Note 14 Debtors XII
Note 15 Investments XIII
Note 16 Cash at Bank XIII
Notes 17 and 18 Creditors XIV
Note 19 Movements
in Restricted
Funds
XV
The following note is included
for clarity but does not
form part ofthe Annual Accounts
Note 20 Continuing
Operations
Report XVI

Curate
The Reverend
George Roach
Curate
The Reverend
George Roach
Curate
The Reverend
George Roach
Curate
The Reverend
George Roach
Curate
The Reverend
George Roach
Membership
ofthe Parochial
Church Council
Details of the membership
ofthe Parochial
Church
Council during 2022 are set out in Appendix II ofthe Annual
Report.
Address
for correspondence:
Parish Office
Christ Church
Community
Centre
Kings Road
Higher Bebington
Honorary
Treasurer
Independent
Examiner
Charles Van Ingen Janet Wallace
1 Blakeley Brow 11 Mount Avenue
Raby Mere Higher Bebington
Wirral Wirral
Cheshire Cheshire
CH63 OPS CH63 5NU
Bankers Accounts
HSBC pic
58 Bromborough
Village
Bromborough
Wirral
Road 01466909PCC General Account
01466917Community
Centre Operating
61043358Planned
Giving Account
61043374100Club Account
Account
Cheshire 71059998Community
Centre Capital
Account
CH62 7ET 51070916Fabric Reserve Account
Investment
Managers
CCLA Investment
Management
Ltd
The CBFChurch ofEngland Funds
Deposit Fund Accounts
609146001DFabric Reserve
609146002D New Community
Centre
Senator House
85Queen Victoria Street
London EC4V4ET
[All cheques
require
two signatures.
signatories as approved
by the PCC
The authorised
are: the Vicar,
the
two Churchwardens
and the Treasurer]
Insurers Insurance
Policy
Ecclesiastical
Insurance
Office pic 04/XPG/0256401
ParishPlus
(covering
the Church and
Church
Customer Services
the Community
Centre).

Forthe year ended 31 December 2022
Unrestricted Restricted Total Tata(
Note Funds Funds 2022 2821 Additional information
A Incoming Resources
A1 Incoming resources from generated funds
A1a Voluntary
income
A1b Activities for generating
funds
A1c investment
income
2a
2b
2c
138441
6747
61
6946
10095
1314
145387
16842
1375
138/84
7/es
588
A2 Incoming resources from charitable activities 2d 9499 37175 46674 2/128
A3 Giber incoming resources 28 6637 57868 64505 28887
Total incoming resources 161385 113398 274783 /84rre
BResources Expended
81 Costs ofgenerating
funds
B1aCosts ofgenerating
voluntary
B1bFundraising
trading: cost of
income 3a
3b
77
453
0
0
77
453
77
o
goods sold and other costs
B1cinvestment
management
costs
3c 0 0 0 0
B2Charitable
activities
B3Governance
costs
B4Other resources expended
3d
38
3f
124340
0
2140
119504
0
0
243844
0
2140
fseeof
8
0
Total resources
tx
expended 127010 119504 246514 198878
Net incoming/outgoing
resources before
transfers 34375 -6106 28269 -ssoo
C Transfers Gross transfers
between
funds
Net Incoming/outgoing
resources
before other recognised
gains snd losses
19 -1905 1905 0
0
a
-3900
D Other recognised
gains/losses
D1 Gains on revaluation
affixed assets
for 0 o
the charity's own use
D2 Gains/losses
on investment
assets 15 0 -2575 -2575 2738
D3Actuarial gains/losses
on defined
0 0 0 0
benefit pension schemes
Total ofrecognised gains/losses 0 -2575 -2575 2788
Net movement
in funds
32470 -6776 -2575 i»ez
EReconciliation ofFunds Total funds brought
forward
Total funds carried forward
19
19
117401
149871
927534
920758
1044935
1070629

As af, 31 Dec embe r 2022
Unrestricted Restricted Total Total
Notes Funds Funds 2022 2021
A Fixed assets
A1 Intangible
assets
A2 Tangible assets
A3 Heritage assets
A4 Investments
13
15
0
0
0
877621
0
19514
0
877621
0
19514
0
889510
0
22089
Total fixed assets 0 897135 897135 911599
BCurrent assets
B1Stocks and work-in-progress 0 0 0 0
B2Debtors 14 21924 3318 25242 4662
B3Investments 0 0 0
B4Cash at bank 16 137795 55042 192837 166112
Total current assets 159719 58360 218079 172774
C Liabilities
Creditors: Amounts falling due within one year 17 9848 6387 16235 9066
Net current assets 149871 51973 201844 f63666
Creditors: Amounts falling due 2 to 10years 18 28350 28350 30350
Total Net Assets 149871 920758 1070629 1044936
Represented by:
PCC Funds
Unrestricted 19 149871 149871 117401
Restricted 19 920758 920758 927534
Total PCC Funds 149871 920758 1070629 1044935

1 Accounting
Policies
1.1 Basis of Financial Statements
The financial statements
have been prepared
under the Church Accounting
Regulations
2006 in accordance
with applicable
accounting
standards
and the current Statement
of Recommended
Practice, Accounting
and Reporting
by Charities
and applicable
accounting
standard
FRS102.
The financial statements
have been prepared
under the historical cost convention
except for 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 financial
statements
ofchurch groups that owe their main affiliation
to another
body or those that are informal gatherings
of church members.
1.2 Fund Accounting
Endowment
Funds
Christ Church
Higher Habington
PCC doss not benefit from any endowment
funds and so there is no reference to such funds
in these accounts.
Restricted
Funds
Restricted funds comprise revenue
donations
or grants for a specific PCC activity intended
by the donor.
Unrestricted
Funds
Unrestricted
funds are income funds that are to be spent on the PCC's general purposes.
Designated
Funds
Christ Church
Higher Bebington PCC has no funds which are designated
and thus no such information
will be found
in these accounts,
1.3Incoming Resources
Planned
giving, collections
and similar donations
are recognised
when received. Tax refunds are recognised
when the incoming
resource to which
they relate is received, User contributions
to the running
ofthe Community
Centre are recognised as they become due. Grants and legacies are
accounted for when the PCC is entitled to the use of the resources,
their ultimate
receipt is considered
reasonably
certain and the amounts
due ars
readily quantifiable.
Dividends
are accounted for when declared receivable;
interest as and when accrued by the payer.
All incoming resources are
accounted
for gross.
1.4 Resources Expended
Grants and donations
are accounted
for when paid over or when awarded
if thai award creates a binding or constructive
obligation
on the PCC. The
diocesan parish share expected lo be paid over is accounted
for when due. All other expenditure
is generally
recognised
when
it is incurred
and is
accounted
for gross.
1.5 Fixed Assets
Consecrated
and benefice property
is not included
in the accounts
in accordance
with s.10(2)(a)and (c) ofthe Charities Act 2011.
Movable church furnishings
held by the vicar and churchwardens
on special trust for the PCC and which require a Faculty for disposal are
inalienable
property
and are lisied
in the church's
inventory
which can be inspected
at any reasonable
time. For anylhing
acquired
prior to2000
there is insufficient
cost information
available
and therefore such assets are not valued
in the financial statements.
Tangible fixed assets for use by ihe charity are capitalised
ifthey can be used for more than one year and cost at least E1,000.They are valued at
cost orelse, for gifts-in-kind,
at a reasonable
estimate of their open market value on receipt.
Depreciation
is calculated
to write offthe capitalised cost offixed assets less their currently
anticipated
residual
fair value over their estimaled
useful
lives as follows:
Land
Nil
Buildings
50years
Buildings
(wooden)
8years
Office, kitchen equipment
etc
4 years
Garden equipment
2 years
1.6 Investments
altd short-term
deposits
Investments
quoted on a recognised
slock exchange,
or whose value derives from them, are valued at market value at the year-end.

Notes to the Accounts Notes to the Accounts Notes to the Accounts
8 Community
Centre Report (includes
INen
"ms-"a»vs'cvtwau
mcrmau. "usvrux»taossa
naw':nau
nxaxa":=~'awx»
in Sheds)
2022
."
.u.usssww.
2021
srrssrws. aac
uua stat»a". 'g- .rvaaw --;:,";—:.wsva er;"te i sn»c-uwc. c.u. .c:,
Account
Code
Ba Operating Income - User Contributions
1230 Adult Groups,
professional
Groups
22730 9335
1234 Men in Sheds 1220 105
1232
1232
Voluntary
Groups (Under
1es)
Incame from social initiatives
(except Lunch club)
1669
4287
796
1677
Tuesday activities, connect coffee, Film club, Tea Dance etc
1235 income from Lunch Club 1312 0
1233 One-off bookings 5957 1388
37175 foool
Grant Income for operations
0892 Raby church of England schoal Trust eee 0
0802 Wirrel Borough cauncil- wirrel Togelher Fund 1000 2660
OSO2 Winal Borough Council- Miscellaneous 2201 5000
O8O2 ASDA Foundation 1000 0
0802 Foodbenk 100 0
0882 Toy Appeal 100 0
Tatal Grant Incame for Operations 5087 7660
Total Operating Income 42262 20961
Bb Operating Expenditure
2562
2561
2530
2550
2552
Clasnirrg
materials
&consumsbles
Cleaning
Electricity
Insurance
Ucences
779
10080
9915
1802
1186
840
9O6O
5529
1626
228
In practice,
in the light ofCOVID, the Centre Supervisor
re-allocated
cleaning resource fram the Community
Centre ta the church
building
to help ensure a safe environment
for members ofthe cangregstian
snd visitors.
2001/2/2010 Management** 12241 ross/
2055 Community
Engagement
Worker 10444 0
2540 Community
Engagement
Projects 7649 0
2595 Men In Sheds 44 2099
2565 Milk etc 622 0
2590 Repairs, refurbishments
and improvements
3905 8470 Sliding door, electrical repairs
2560 Servicing ofplant & equipment 2928 2671
2563 Stewarding 275 50
'2570 Waste removal 1932 1940
2580 Water 1172 300 Credit from 2020 has worked through 2021
Total Operating Expenditure 649?4 41484
-The PCC employed
one
person in the role of Community Centre Administrator on a part-time basis
This person also deputised
for the
Parish Secretary during holidays
'*The PCC employed
one
person in the role ofCammunity Centre Supervisor on a part-time basis
C F
enewa
ra t
und
Community
Engagement
Worker
Cost of one-aff Community
events
Equipmenl
for Community
IT training/support
Supplies for ongoing
Community
activities
10444
5598
742
1606
We received a grant of 636,000from Wirrsl Borough Cauncil through
CVF (Community,
Voluntary
&Faith) Renewal Grant Fund, The grant
fully expended
by 31March 2023.
the
ista be
Use af rooms for Community
actvitiss
6540
Total expenditure
to 31 December
2022 24930

15Investments
Movements
in the
year:
Market value at 1 January
Add: Additions
to
2022
investments
at cost 22089
0
Less: Disposals at carrying
value
Add: gains on revaluation
0
-2575
Market value at 31 December 2022 19514
'I
Details ofholdings
Price Value Gain
Holding per Share Value at on
31 Dec 2022 31 Dec 2022 31 Dec 2022 31Dec 2021 Revaluation
CBFChurch of England Investment Fund - Income Shares
Fabric Fund
Ref609146001S 844.52 2066.14 17449 19751 -2302
General
Fund
Ref609146002S 100.00 2066.14 2065 2338 -273
Total 19514 22o89 -2575
16Cash at Bank
Account Number 31 Dec 2022 31Dec 2021
l
Current Accounts
- HSBC
PCC General Account 01466909 44958 27220
Community
Centre Operations
Account 01466917 43925 7963
Planned
Giving Account
61043358 60 1055
100Club Account 61043374 1295 556
Cash
in safe
1100 o Men in Sheds
sub-total 91338 36794
Capital Accounts
Fabric Reserve Account - HSBC 51070916 43284 72298
Fabric Reserve CBF 60914001 D 47648 46513
sub-total: Fabric Fund 90932 118811
Community
Centre Capital
Community
Centre CBF
Account - HSBC 71059998
60914002D
3052
7515
5089
7418
sub-total: Community Centre 10567 12507
Total 192837 168112
CBF = Church of England Central Board of Finance
Total cash investments with CBF 55163 53931

ovements in restricted funds du rin g
2
022 022
Bal b/fwd Revaluation Bal c/fwd
1Jan 2022
Income
Expenditure ofAssets Transfers 31 Dec 2022
Fabric Fund 19751 8593 6194 -2302 0 19848
Churchyard and Church
Grounds
2339 0 0 -273 0 2066
Community Centre 890101 98508 90790 1025 898844
Fund for St Paul's Project 12500 0 12500 0 0
Special charitable
efforts
2843 6297 10020 880 0
Total Restricted
Funds
927534 113398 119504 -2575 1905 920758
Unrestricted
Funds
117401 161385 127010 0
'"'+l.,"rs,'I x
-1905
',r.',aw,
I s 149871
Total PCC Funds 1044935 274783 246514 -2575 0 1070629
NOTES
Fund for St Paul's Pro'ect
During 2020, ES000was anonymously given to support the St paul's project. On this E1250 Gift Aid was claimed, A further ES000
plus E1250Gift Aid was given anonymously during 2021bringing the total to E12,500.
At the time that these donations were made, there was a general expectation that a Pastoral Scheme joining Christ Church Higher
Bebington
with St Paul's Tranmere
would be implemented
during
2021.For various reasons, this is not now being taken forward
and the donor asked that the funds be transferred to St paul's Tranmere
pCC
to support their building project.