2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Hexham Abbey

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

of England and Diocesan safeguarding policies and practices	of England and Diocesan safeguarding policies and practices	and im	plement
ACHIEVEMENTS AND PERFORMANCE
Statistics 2023(2022)
282	(247)people on the Church Electoral Roll
205	(150) communicants on Easter Eve and Easter Day
371	(279) total attending services on Easter Eve and Easter	Day
1337	(967)at special Advent services for congregation and	local community
1090	(145)at special Advent services for schools or civic organisations
276	(221) communicants on Christmas Eve and Christmas	Day
838	(519)total attending services on Christmas Eve and Christmas		Day
12	(11)baptisms conducted
11	(7) couples married in church
41	(59) funerals were conducted, of which 26 (34) were held in the		Abbey
0	(0) adults and 0 (0)young persons were confirmed

			Restricted	Unrestricted
		Note	funds	funds	Total funds	Total funds
			2022	2022	2022	2021
			2	8	6
Income from:
Donations and Legacies			239,514	301,485	540,999	1,055,235
Trading Activities				615,154	615,154	431,939
Investments				15,372	15,372	12,723
Charitable activities				8,533	8,533	7,075
Other Income			23,357	13,955	37,312	5,152
Total			262,871	954,499	1,217,370	1,512,124
Expenditure on:
Raising funds		3		521,577	521,577	390,238
Charitable activities		7	261,586	632,025	893,611	1,099,387
Other Expenditure		11	30,613		30,613	3,484
			292 199	1 193902	1 449 901	1493 107
Net income/(expenditure)			29,328	199,103	228,431	19,017
Net movement in	funds		29,328	199,103	228,431	19,017
Reconciliation of	funds:
Total funds brought	forward		102,820	2,998,148	3,100,968	3,081,951
Total funds carried	forward		73,492	2,799,045	2,872,537	3,100,988

for the Year Ende	d 31 December 2022
		Restricted	Unrestricted
		funds	funds	Total funds	Tots/ funds
		2022	2022	2022	2021
		2		9
Income from:
Donations and Legacies		239,514	365,399	604,913	1,072,691
Trading Activities			25,567	25,567	28,273
Investments			15,372	15,372	12,723
Charitable activities			8,533	8,533	7,075
Other Income		23,357	13,955	37,312	5,152
Total		262 871	428,826	691,697	1,123,914
Expenditure on:
Raising funds			8,965	8,965	2,912
Charitable activities		261,586	630,275	891,861	1,096,119
Other Expenditure		30,613		30,613	3,484
		292,199	639,240	931,439	1,102,515
Net income/(expenditure)		29,328	210,414	239,742	21,399
Net movement in	funds	29,328	219,414	239,742	21 399
Reconciliation of	funds:
Total funds brought	forward	102,820	2,995,450	3,098,270	3,078,871
Total funds carried	forward	73,492	2,785,036	2,858,528	3,098,270

for the Year Ended 31	December	2022
		Note		2M2		2021
			2	2
NONCURRENT ASSEIS
Tangible assets Heritage assets Investments		13 14 16		206,202 1,606,922 275,000		317,552 1,609,326 275,000
				2,088,124		2,201,878
CURRENTASSETS
Stocks			30,417		27,890
Debtors		17	60,091		50,624
Cash at bank and in hand			795,184		894,106
			885,692		972,620
CREDITORS: amounts	falling due	18	101,279		3,530
within one year
NET CURRENT ASSETS				784,413		899,090
TOTAL ASSETSLESS	CURRENT	LIABILlllES		2,872,537		3,100,968
NET ASSETS				2,872,537		0968
CHARITYFUNDS
Restdcted funds		19		73,492		102820
Unrestdcted funds		19		2,799,045		2,998,148
TOTAL FUNDS				2,672,537

for the Year End	ed 31	December 2022
			Note		2022		2021
				2	2
NON-CURRENT	ASSETS
Tangible assets			13		196,726		315,485
Heritage assets			14		1,606,922		1,609,326
Investments			15		40,693		40,693
Investment property			16		5 DDD		5000
					2,119,341		2,240,504
CURRENT ASSETS
Debtors			17	209,543		247,099
Cash at bank and	in hand			0		755,378
				858,666		1,003,477
CREDITORS: amounts		falling due	18	119479		145,711
within one year
NET CURRENT ASSETS					739,187		857,768
NET ASSETS					2,858,528		3,098,270
CHARITYFUNDS
Restricted funds			19		73,492		102820
Unrestricted funds					2,785,036		2995,450
TOTAL FUNDS					2,858,528		3,098,270

				Note	2022	2021
					f	f
Cash flows from operating activities:
Net cash provided by (used in) operating	activities			24	(103,978)	133,832
Cash flows from Investing activities:
Dividends, interest and rents from investments					15,372	12,723
Purchase of property, plant and equipment					(12,720)	(29,376)
Purchase of heritage assets					2,404	2,119
Net cash provided by (used in) investing	activities				5,056	(14,534)
Change in cash and cash equivalents in	the	reporting	period		(98,922)	119,298
Cash and cash equivalents at the beginning		ofthe reporting			894,106	774,808
period
Cash and cash equivalents at the end of	the	reporting	period	25	795,184	894,106

			New	Other non-	31
1	January	Cash-flows	finance	cash	December
			leases	chan es	2022
	894,106	(98,922)			795,184
	894,106	(98,922)			795,184

cost of fixed assets, less their estimated residual	value, over their expected u	value, over their expected u	seful
Freehold property (other than heritage assets) Fixed equipment Loose furniture and fittings	Not depreciated 10/, straight line 16.67'/o and 33.33%straight		line
Office equipment	25/o straight	line
Other tangible fixed assets	2%straight	line

		Restricted	Unrestricted	Total
2.DONATIONS AND LEGACIES		funds	funds	funds	Total funds
		2022	2022	2022	2021
		2	2	f
Planned giving and income under gift aid			104,543	104,543	95,457
Service collections			12,550	12,550	7,390
Visitors' donations			76,860	76,860	48,849
Gift Aid reclaimed			21,637	21,637	24,667
The Mercers' Company			8,000	8,000	8,000
The Mercers' Charitable	Foundation	15,000		15,000	15,000
Votive candles			9,157	9,157	7,255
Other donations		11,198	11,541	22,739	21,157
Listed place of Worship	grant		55,674	55,674	80,591
Coronavirus Job Retention Scheme					55,512
Legacies					5,000
Grants receivable		213,316	1,523	214,839	686,357
		239,514	301,485	540,999	1,055,235

			Restricted	Restricted	Unrestricted
				funds	funds	Total	funds	Total funds
				2022 2	2022 2	2022 2		2021f
Trading income
Income from cafe,	gift	shop and lettings			589,587	589,587		406,066
Car park receipts					10,358		10,358	10,335
Music in the Abbey					61		61	400
Tour fees					3,366		3,366	2,163
Other fundraising	events				11,782		11,782	12,975
					615,154	615,154		431,939
Of the 2431,939	received in 2021, 21,885		related	to PCC	restricted funds	and	2430,054 related to
unrestricted funds.
			Restricted		Unrestricted
				funds	funds	Total	funds	Total funds
				2022 2	2022 2	2022 2		2021 f
Trading expenses
Staff costs					253,751	253,751		214,778
Special fundraising	events				61		61	725
Car park					5,365		5,365	605
Costs relating to the cafe, gift shop and lettings					261,138	261,138		173,386
Music in the Abbey					745		745	40
Other fundraising	expenses				517		517	702
					521 577	521 577		390,236
Of the F390,236 paid		in 2021,F725 related to	restricted	funds and F389,511 related to unrestricted				funds.
Net income from fundraising					93,577		93,577	41 703
activities
4.INVESTMENT INCOME
			Restricted		Unrestricted
				funds	funds Total		funds	Total funds
				2022	2022	2022		2021
				2	2		2
Dividends and interest					5,172		5,172	2,523
Rental income					10,200	10,200		10,200
					15,372	15,372		12,723

		Restricted	Unrestricted
		funds	funds	Total funds	Total funds
		2022 f	2022 6	2022 2	2021f
Funeral	and wedding fees
	and similar income		7,225	7,225	7,075
Income	from school visits		1,308	1 308
			8,533	8,533	7,075

Of the f7, 6.OTHER	075 received in 2021, INCOME	all related to unrestricted fund	s.
		Restricted	Unrestricted
		funds	funds	Total funds	Total funds
		2022 2	2022 8	2022 8	2021 f
Choir fund		22,538		22,538	615
Bellringers		819		819	863
Other income			8,069	8,069	3,674
Insurance	claim		5,886	5,886
		23,357	13,955	37,312	5,152

7.EXPENDITURE ON	CHARITABLE ACTIVITI	ES
		Grant
		funding of
	Direct costs	activities	Support costs	Total funds	Total funds
	2022 2	2022 8	2022 8	2022 6	2021f
PCC costs	738,496	5,000	143,506	887,002	1,093,852
HATL costs	5,596		1,013	6,609	5,535
	744,092	5,000	144,519	893,611	1,099,387

8.DIRECT CO	S	T	S
										Total	Total funds
							PCC Costs	HATL Costs		2022	2021
							2	2		2
Diocesan parish		share					105,000			105,000	100,000
Worship, ministry			and	mission			7,768			7,768	5,928
Church running	and maintenance				costs		101,222			101,222	88,027
Choir and organ		expenses					4,184			4,184	4,190
Major repairs and			capital projects				305,171			305,171	490,049
Staff costs							74,025			74,025	66,930
Priory building	running			and maintenance		costs	28,139			28,139	35,117
Prior Leschman		garden					321			321	2,695
Depreciation							112,666	5,596		118,262	121,368
							738,496	5,596		744,092	9t4904
9.GRANT FUNDING				OF ACTIVITIES
							Restricted	Unrestricted		Total
							funds	funds		funds	Total funds
							2022	2022		2022	2021
							2	2		2
Mission and ministry				activities				4,650		4,650	4,650
Outreach activities									350	350	350
								5,000		5,000	5,000

10.SUPPO	RT COSTS
					Total funds
		PCC Costs	HATL Costs	Total 2022	2021
		2	2	f
Premises costs		19,342		19,342	14,767
Office costs		6,549		6,549	t0,631
Health and	safety	2,602		2,602	1,272
Advertising	and publicity	888		888	1,986
Staff costs		76,362		76,362	74,646
Professional	fees	17,965	1,013	18,978	53,327
Auditor's remuneration		9,220		9,220	8,927
Depreciation		5,808		5,808	5,815
Other		4,770		4,770	8,712
		143,506	1,013	144,519	180,083

11.OTHER EXPENDITURE
		Unrestricted	Totai
	Restricted	funds	funds	Total funds
	funds 2022	2022	2022	2021
	2	2	2
Bell ringers	360		360		514
Choir fund	23,801		23,801
Other expenditure	6,452		6,452	2,752
Robson Drive capital repairs					2t8
	30,613		30,613

12.STAFFCOSTS	12.STAFFCOSTS	12.STAFFCOSTS
Staff costs were as follows:
						2022	2021
Wages and salaries						385,771	334,741
National	Insurance					8,080	13,199
Pension	contributions					6,326	5,845
Death in	service					1,067	2 568
						401,244	358,354
The average monthly		number of employees	during		the year was as follows:
						2022f	2021
Employed	by PCC					8	7
Employed	by Hexham	Abbey Heritage Trading		Limited		32	24
						40	31
Employed	by PCC - Full Time
Employed	by PCC- Part Time					8	7
Employed	by Hexham	Abbey Heritage Trading		Limited - Full Time		4	4
Employed	by Hexham	Abbey Heritage Trading		Limited - Part Time		28	20
						40	31

13.TANGIBLE FIXEDASSETS - Group
	Freehold	Fixtures 8
	property	fittings	Total
			2
Group
Cost
At 1 January 2022	52,501	781,153	833,654
Additions		12,720	12,720
At 31 December 2022	52,501	793,873	846,374
Depreciation
At 1 January 2022		516,102	516,102
Charge for the year		124,070	124,070
At 31 December 2022		640,172	640,172
Net book value
At 31 December 2022	52,501	153,701	206,202
At31December 2021	52,501	265,051	317,552

13.TANGIBLE FIXEDASSETS(continue	d) - PCC Only
	Freehold	Fixtures &
	property	fittings	Total
			9
PCC
Cost
At 1 January 2022 Additions	52,501	760,587 285	813,088 ~285
At 31 December 2022	52,501	760,302	812,803
Depreciation
At 1 January 2022		497,603	497,603
Charge for the year		118,474	118,474
At 31 December 2022		616,077	616,077
Net book value
At 31 December 2022	52,501	144,225	196,726
At31December 2021	52,501	282,984	315,485

		Holding In
		subsidiary
		undertaking
		E
PCC
Market value
At I January2022		40,693
Additions
At 31 December 2022		40,693
All the fixed asset investments	are held in the UK.

			Grou		PCC
			2022 f	2021 f	2022 2	2021f
Trade debtors			9,815	9,097	124	1,602
Amounts owed by group undertakings					159,753	204,852
Other debtors			2,566	1,096	2,866	1,096
Prepayments	and accrued income		47,710	40,431	46,800	39,549
			60,091	50,624	209,543	247,099
18.CREDITORS
Amounts falling due within one year
			Grou		PCC
			2022 2	2021 f	2022 f	2021 f
Trade creditors			48,819	22,097	23,779	13,745
Amounts owed to group undertakings					78,026	96,694
Other taxation	and social security		24,183	8,816
Accruals and	deferred	income	28,277	42,617	17,674	35,272
			101,279	73,530	119,479	145711

Restricted funds
					Brought							Carried
					forward		Income	Expenditure		Transfers		forward
					2022		2022	2022		2022		2022
					2			2				2
Choir fund						4,423	22,538	(23,801)				3,160
Hexham Abbey Guild		of	Begringers			4,095	819		(360)			4,554
The Mercers' Charitable			Foundation				15,000	(15,000)
Chorister Prizes						945			(200)			745
Abbey roof					47,135				(4,985)			42,150
Medieval Panel Paintings					10,359		11,360	(17,864)				3,855
Hexham Abbey Restoration				Trust (HART)			110,000	(110,000)
Friends of Cathedral		Music				3,71I			(3,711)
The Mercers Company FR				grant	17,424			(17,424)
The Ousley Church	Music Trust					2,700			(1,620)			1,080
Gillian Dickinson Trust						2,568						2,568
Rothley Trust Grant						976			(976)
Miscellaneous						4,484	1,900		(2,126)			4,258
Addison bequest						4,000						4,000
Perish Supporl Grant							1.411		(1,411)
Hedley Trust							15,000	(15,000)
Knott Trust							3,000		(3,000)
Benefacl Trust							2,500		(40)			2,460
C ofEGrant Trust							1,560					1,560
DBFYouth Grant							495		(434)			61
Baginger Trust							1,000					1,000
Leche Trust							3,000		(3,000)
SUEZ Trust							50,000	(50,000)
NHCT Grant							5,000		(5,000)
HAHD							15,000	(15,000)
St. Hilda's Trust							1,350					1,350
Saxon Fragments							1 938		1 24			691
					102,820		262,871	292,199				73492
Comparative nmfricsrd			funds
					Brought							Csnled
					forward		Income	Expenditure		Transfers		forward
					282t		2021	2021		2021		2021
							2	2
Choir fund						3,808	615					4,423
Hexham Abbey Guild		of	Begringers			3,702	900		(514)		7	4,095
Tyrreg Bequest					64,845			(64,845)
The Mercers' Charitable			Foundation				15,000	(15,000)
Chonster Prizes						945						945
Abbey roof					47,204				(69)			47,135
Medieval panel paintings					I	0,359						10,359
Prior Leschman Garden						2,155			(2,155)
Hexham Abbey Restoration				Trust (HART)	26,491		97,500	(I	23,991)
Friends ot Cathedral		Music grants				4,054	10,000	(10,343)				3,711
The Mercers Company FRgrant						8,417	30,000	(20,993)				17,424
The Ousley Church	Music			Trust		2,700						2,700
Gillian Dickinson Grant						3,888			(1,320)			2,568
Rothley Trust Grant						976						976
Historic England Civic 19Heritage at Risk Response Fund					18,375		6,125	(24,500)
William Leech						2,500			(2,500)
Culhure Recovery Fund for				Heritage			224,075	(224,075)
Miscellaneous							5,140		(656)			4,484
Addison bequest							4,000					4,000
All Churches Trust							2,600		(2,600)
					200,419		395955	493,561			7	102820

PCC Restricted Funds	PCC Restricted Funds	PCC Restricted Funds	PCC Restricted Funds
Choir Fund —Funds raised from the activities of the Hexham Abbey Choir to be applied towards activities					and purchases				as
specified by the Choir, including choir tours.
Hexham Abbey Guild of Beffringers - Funds raised from the activities of the Guild of Bellringers	are to			be applied			towards
activities and purchases as specified by the members ofthe Guild.
The Mercers' Charitable Foundation - Annual contributions towards the cost of insuring the Abbey.
Chorister Prizes —Donation to encourage the work of the chairs; to be organized in prize form divided	in	two	parts separately						and
equally between boy and girl choristers, at the discretion ofthe Director ol Music over a number ofyears.
Abbey Roof —Donations and funds raised for the repair of the Abbey roo(, in addition to those earmarked				or designated					from
legacies.
Medieval Panel Paintings - Donation received for the upkeep and refurbishment of the medieval panelled				paintings			within		the
Abbey and Priory buildings.
Hexham Abbey Restoration Trust (HARTf - A charitable trust, which Is separate to the charity and its subsidiaries,						that awards
grants tothe Abbey to assist with restorative work, capital expenditure and unforseen repairs.
Friends of Cathedral music - A fund to help the purchase of new robes, new music and singing lessons	for the			choristers.
The lffercers Company FR grant - Agrant to fund the position of afundraising officer.
The Ouskry Church Music Trust - a fund for choral outreach work to schools to encourage choral singing		and		choir membership.
Gillian Dickinson Trust - a fund for choral outreach work to schools to encourage choral singing and choir		membership.
Rothley Trust Grant - agrant toward providing children's guides and information leaflets.
Miscellaneous -a combination of funds to help purchase performance lighting improvements and to go	towards			the museum				ofthe
moon production in 2023k
Addison Bequest - A bequest from the estate ofJohn BAddison to be used for the benefit ofthe Church	Music			Fund.
Parish Support Grant - A cost of living support grant.
Hedley Trust - A grant towards the costs involved in stsbilising the stonework ofthe Chancel East End.
Knott Trust - Agrant to support the relaunching of our offer for schools and families.
Benefact Trust - A grant to support mental health and wegbeing of staff and volunteers.
Church of England Grant Trust - A grant to support the work of a Community Engemant Manager	In	welcoming				schools			and
families.
DBFYouth Grant - A grant to increase visibility of of our offer to young people and children by improvements					to the		childrens
comer.
Baffinger Trust - A grant to support the setting up and running of a garnes cafe and study space.
Leche Trust - A grant for conservation of paintings in Ogle and Leschman Chantries.
SUEZ Trust - A grant towards the East End masonry conservation and repair.
National Historic Churches Trust Grant - A grant towards the East End masonry conservation and repair.
HAHD - Hexham Abbey Heritage Developement Trust - A charitable trust which is separate to the charity			and its subsiduaries,
which exists to support the heritage of Hexham Abbey.
St.Hilda's Trust - A grant to support the setting up and running ofa games cafe and study space.

Notes to the financial statements forthe year ended 31 December 2022
			Brought			Transfers	Carried
			forward	Income	Expenditure	In/out	forward
			2022t	2022 8	2022 f	2022	2022f
Designated funds Property Maintenance and Conservation			149,509			250,000	399,509
Mission and Ministry			10,591				10,591
Outreach Work			8,372				8,372
Norman Hill Bequest (Vestments)			2,824				2,824
Fixed Assets (Freehold Land snd Buildings 6fixtures 6 gitlings)			587,265		(108,712)	(10,894)	467,659
Fixed Assets (Information Screens)			5,287		(2,690)	10,946	13,543
Fixed Assets (Heritage Assets)			1,609,326		(2,404)		1,606,922
The Mercers' Company (Other)				8,000	(8,000)
Abbey Roof replacement Watson bequest			250,000			(250,000)
Abbey Roof Ann Edwards legacy			14,917				14,917
Prior Leschman Garden (Disposal of Lowgate)			8,678		(321)		8,357
Nora Home Roof replacement			50000 2,696,769	8,000	122,127	52	50,000 2,582,694
General fund
General funds - all funds			301,379	946,499	(1,031,475)	(52)	216,351
Total Unrestricted funds			2,998,148	954,499	1,153,602		2,799,045
Transfers during the year reflect the combining	of designated	funds for the same		purpose and to ensure the carrtied forward			balances
agree to the net book values ofassets held by	the charity, to	meet the costs of replacement.
Comparative funds
			Brought			Transfers	Cerned
			forward	fn come	Expenditure	in/ouf	forvmrd
			2021f	2821 f	2021 f	2021 f	2021
Designaiad funds
Property Maintenance and Conservation			149,509				149,509
Mission and Ministry			10,591				10,591
Outreach Work			8,372				8,372
Music in the Abbey			999		(999)
Norman Hill Bequest (Vestments)			2,824				2,824
Fixed Assets (Freehold Land and Buildings 6fixtures &fittings)			682,381		(124,492)	29,376	587,265
Fixed Assets (Information Screens)			7,977		(2,690)		5,287
Fixed Assets (Heritage Assets)			1,611,441			(2,115)	1,609,326
The Mercers' Company (Other) Abbey Roof replacement Watson bequest			250,000	8,000	(8,000)		250,000
Abbey Roof Ann Edwards legacy			14,917				14,917
Prior Leschman Garden (Disposal of Lowgate)			9,218		(540)		8,678
Nore Horne Roof replacement			50000				50,000
			2,798,229	8,000	138,721	27261	2,696,769
General fund
General funds - a/I funds			83,303	1,108,169	(862,825)	(27,268)	301,379
Total Unrestricted funds			2,881,532	1,116,169	999,546	7)	2998,148

		Brought	Incoming	Resources	Transfers		Carried
		forward	resources	expended	in/out	Other	forward
		2	2	2	2		6
Designated	funds	2,696,769	8,000	(122,127)	52		2,582,694
General funds		301 379	946,499	1 031,475	52		216351
		2,998,148	954,499	1 153,602			2,799,045
Restricted	funds	102,820	262,871	292,199			73,492
		3,100,968	1,217,370	1,445,801			2,872,537

		Restricted	Unrestricted		Restricted	Unrestricted
		funds	funds	Total funds	funds	funds	Total funds
		2022	2022	2022	2021	2021	2021
		2	2	2
Tangible fixed assets			206,202	206,202		317,552	317,552
Heritage assets			1,606,922	1,606,922		1,609,326	1,609,326
Investment	properties		275,000	275,000		275,000	275,000
Current assets		73,492	812,200	885,692	102,820	869,800	972,620
Creditors	due within one year		101,279	101,279		73,530	73,530
		73,492	2,799,045	2,872,537	102,820	2,998,148	3,100,968

			Hexham Abbey	Trading
			Limited
			2022	2021
				2
Total income for		the year	597,246	532,240
Total expenditure		in the year	521,498	394099
Total			75,748	138,141
Balance	sheet summary
			Hexham Abbe	Tradin
			2022	2021
			2
Fixed assets				2,067
Heritage	assets
Investments
Current	assets		159,753	270,426
Current	liabilities		(229,365)
Total			159,753	43,128

					2022	2021
Net income/(expenditure) for the			reporting	period	(228,431)	19,017
(as per the statement		of financial	activities)
Depreciation charges					124,070	127,183
Dividends, interest	and rents from investments				(15,372)	(12,723)
(Increase)/decrease		in stocks			(2,527)	7,210
(Increase)/decrease		in debtors			(9,467)	72,611
Increase/(decrease)		in creditors			27,749	(79,466)
Net cash provided	by (used in) operating			activities	103,978	133,832
25.Analysis ofcash and cash equivalents
					2022	2021
Cash at bank and	in	hand			798 184	894 188