2023-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Holy Trinity Rusholme

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

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2 to 23
Statement ofTrustees'	ResponsibiUties	24
Independent Examiner's	Report	25
Statement of Financial	Activities	26
Balance Sheet		27
Cash Flow Statement		28
Notes to the Financial Statements		29to 52

			Reference and	Administrative	Administrative	Administrative
Charity Registration		Number	1132532
Principal Office			Holy Trinity Church
			Platt Lane
			Rusholme
			Manchester
			M14 5NF
Independent	Examiner		The Moffatts	Partnership		LLP
			Suite 1.1,First Floor
			Jackson House
			Sibson Road
			Sale
			M33 7RR
Bankers			National Westminster		Bank
			699Wilmslow	Road
			Manchester
			M20 6NW
			CCLA Investment
			Management	One Angel		Lane
			London
			EC4R 3AB

==> picture [383 x 11] intentionally omitted <==

==> picture [26 x 11] intentionally omitted <==

==> picture [75 x 11] intentionally omitted <==

==> picture [26 x 11] intentionally omitted <==

==> picture [75 x 11] intentionally omitted <==

==> picture [26 x 10] intentionally omitted <==

				Unrestricted	Restdicted	Total	Total
				funds	funds	2023	2022
			Note	E	E	E	E
Income and Endowments		from:
Donations and legacies			2	595,646	45,600	641,246	601,799
Charitable activities			3	30,994		30,994	34,010
Investment income				13,590		13,590	3,844
Tote( Income				640,230	45,600	685,830	639,653
Expenditure on:
Charitable activities				658,708	28,307	687,015	642,492
Total Expenditure				658,708	28,307	687,015	642,492
Net (expenditure)fincome				(18,478)	17,293	(1,185)	(2,839)
Gross transfers between
funds				8,642	(8,642)
Net movement in funds				(9,836)	8,651	(1,185)	(2,839)
Reconciliation offunds
Total funds brought	forward			372,013	46,890	418,903	421,742
Total funds carried	forward		18	362,177	55,541	417,718	418,903

				2023	2022
			Note
Fixed assets
Tangible assets			13	20,299	23,795
Current assets
Debtors			14	32,661	21,945
Cash at bank and in	hand		15	381,119	387,348
				413,780	409,293
Creditors: Amounts	falling due within one year		16	(16,361)	(14,185)
Net current assets				397,419	395,108
Net assets including	pension	liability		417,718	418,903
Funds ofthe charity:
Restricted income funds
Restricted funds			18	55,541	46,890
Unrestricted income	funds
Unrestricted funds				362,177	372,013
Total funds			18	417,718	418,903

					2023	2022
				Note		f
Cash flows from operating	activities
Net cash expenditure					(1,185)	(2,839)
Adjustments to cash flows	from non-cash		items
Depreciation					7,838	7,632
Investment income					(13,590)	(3,844)
					(6,937)	949
Working capital adjustments
(Increase)/decrease in debtors				14	(10,716)	3,941
Increase in creditors				16	2,178	4,050
Increase in retirement benefit		obligation	net ofactuarial
changes						(2,000)
Net cash flows from operating		activities			(15,475)	6,940
Cash flows from investing	activities
Interest received					13,590	3,844
Acquisitions oftangible assets					(4,344)	(1,700)
Net cash flows from investing		activities			9,246	2,144
Net (decrease)/increase in	cash and cash		equivalents		(6,229)	9,084
Cash and cash equivalents	at	1January			387,348	378,264
Cash and cash equivalents	at 31December				381,119	387,348

Asset class	Depreciation	method and rate
Office equipment	2596 straight	Line basis
Fixtures and fittings	10%straight	line basis

				LInrestricted	funds
						Restricted	Total	Total
				Designated	General	funds	2023	2022
					E	E	E	E
Donations	and	legacies;
Gift aided	donations			42,925	330,599	18,036	391,560	393,752
Gift aid reclaimed				14,076	72,213	6,533	92,822	91,945
Non gift aided		donations		13,708	114,854	1,480	130,042	83,419
Legacies								5,000
HTP Hardship		Fund				15,981	15,981	18,802
Sundry donations					1,414	3,570	4,984	2,581
Grants
Small Employer's			Nl Grant		4,607		4,607	5,050
Grants					1250		1,250	1,250
				70,709	524,937	45,600	641,246	601,799

			Unrestricted	funds	Restricted	Total	Total
			Designated E	General f	funds K	2023 E	2022 E
Weekends		Away	8,856	7,794		16,650	17,003
Bookstall				285		285	280
Church	Hall Lettings			730		730
Fees				6,411		6,411	6,614
Refreshments				1,175		1,175	581
Events				5,298		5,298	7,665
Otherlncome				395		395	344
Training		courses		50		50	1,523
			8,856	22,138		30,994	34,010

				Unrestricted	funds	Restricted	Total	Total
				Designated	General	funds	2023	2022
				E	E	E		E
Interest	receivable	and	similar
income;
Interest	receivable	on	bank
deposits					13,590		13,590	3,844

5 Expenditure on charit	able activities
		Unrestfficted	funds
				Restricted	Total	Total
		Designated	General	funds	2023	2022
		E	E	E	E
Wages and salaries		26,513	117,591	49	144,153	135,646
Social security costs		2,403	10,208		12,611	12,279
Staff pensions (Defined	contributions)		5,366	92	5,458	9,249
Staff pensions (Defined	benefit)	7,051	7,051		14,102	15,907
Oasis Expenditure						63
Training and courses		130	4,413		4,543	1,653
Youth Work and SBS		286	8,281		8,567	7,786
Parish Share			166,600		166,600	165,777
CLergy expenses			2,672		2,672	2,392
CLergy housing costs		16,316	27,688		44,004	44,972
Church and Hall running	costs		40,151		40,151	32,053
Church and Hall maintenance			8,640		8,640	5,126
Upkeep ofservices		498	4,829		5,327	7,584
Bookstall			108		108	897
Equipment and materials		711	1,896		2,607	2,068
Refreshments and hospitality		746	7,877		8,623	7,030
Churchyard			2,130		2,130	973
Coffee bar			873		873	423
Prospects			303		303	460
Weekends away		12,616	12,680		25,296	21,022
Events			842		842	617
		67,270	430,199	141	497,610	473,977

				Unrestricted	funds
						Restricted	Total	Total
				Designated	General	funds	2023	2022
				K	E	E
Publicity costs				74	1,571		1,645	1,316
Wages and salaries					20,464		20,464	19,331
Social security costs					1,641		1,641	1,564
Staff pensions (Defined Contribution)					1,890		1,890	1,985
Telephone, internet		and postage			1,053		1,053	950
Computer software		and maintenance	costs		4,110		4,110	4,885
Printing and stationery					2,211		2,211	2,523
Sundries					3,101	2,522	5,623	6,327
Rent				14,365			14,365	10,970
Professional fees					995		995	1,452
Boiler and heating		costs			233		233	1,205
Building costs					650		650
Bank charges				73	1,165		1,238	1,184
Depreciation offixtures and fittings					7,838		7,838	7,632
Office equipment	and repairs				290		290
				14,512	47,212	2,522	64,246	61,324

Governance	costs
		Unrestricted	funds	Restricted	Total	Total
		Designated	General	funds	2023	2022
		f.	E
Independent	examiner fees
Examination	ofthe financial statements		4,440		4,440	4,254
			4,440		4,440	4,254

Analysis	ofgrants
		Grants to institutions		Grants to individuals
		2023	2022	2023	2022
			G	f
Analysis
Church	overseas	9,500	9,250	78,471	66,934
Grants	Home	10,600	15,320	22,148	11,433
		20,100	24,570	100,619	78,367

		Unrestricted	funds
		Designated	General	Restricted	Total	Total
Grants		funds	funds	funds	funds	funds
Church overseas					2023	2022
Friends International			9,500		9,500	9,250
Steven 8 io Wheatley			9,500		9,500	4,875
Margaret Hill			7,700		7,700	8,450
OMF			5,000		5,000
Other Individuals		2,098	257	8,416	10,771	5,359
Tim & Annie Forester			10,000		10,000	9,750
Paul 8 Grace Robinson			5,000		5,000	9,750
Anna Simms			9,500		9,500	9,250
Vicki and Dan Byrne			10,000		10,000	9,750
Simon and Pippa Wilson		3,500	7,500		11,000	9,750
		5,598	73,957	8,416	87,971	76,184
		Designated	General	Restricted	Total	Total
Grants		funds	funds	funds	funds	funds
Grants Home					2023	2022
CPAS			4,000		4,000	4,000
UCCF						4,800
Alexandria Lighthouse	Project		6,000		6,000	6,000
Tear Fund				890	890	409
Hardship Fund Grants				16,338	16,338	6,364
Other societies			600		600	520
Other individuals		4,000	920		4,920	4,660
		4,000	11,520	17,228	32,748	26,753
		9,598	85,477	25,644	120,719	102,937

==> picture [467 x 58] intentionally omitted <==

10Staff costs
The aggregate	payroll costs were as follows:
		2023	2022
Staff costs during the year were:
Wages and salaries		164,616	154,977
Social security	costs	14,252	13,843
Pension costs		21,451	27,141
		200,319	195,961

2023	2022
No	No

==> picture [127 x 47] intentionally omitted <==

	Furniture	and	Computer
	equipment		equipment	Total
	E		E	E
Cost
At 1January 2023		45,671	17,638	63,309
Additions		4,344		4,344
At 31December 2023		50,015	17,638	67,653
Depreciation
At 1January 2023		25,624	13,892	39,516
Charge for the year		5,916	1,922	7,838
At 31December 2023		31,540	15,814	47,354
Net book value
At 31December 2023		18,475	1,824	20,299
At 31December 2022		20,047	3,746	23,793

14Debtors
	2023	2022
Prepayments	1,928	845
Accrued income	29,057	20,502
Other debtors	1,676	598
	32,661	21,945

			2023	2022
Cash	on	hand	143	143
Cash	at	bank	380,976	387,205
			381,119	387,348

	2023	2022
Trade creditors	1,326	2,520
Other creditors	3,602	2,656
Pension scheme creditor	2,018	2,048
Accruals	9,415	6,961
	16,361	14,185

18Funds
				Balance at				BaLance at
				1January	Incoming	Resources		31December
				2023	resources	expended	Transfers	2023
CURRENT YEAR				E	E	K	E	E
Unrestricted funds
General
General Fund				102,338	560,665	(567,328)	8,642	104,317
Designated
Capita(Fund				100,634				100,634
Other Funds				4,785				4,785
TCC Hardship				1,000				1,000
TCC Fund				66,756		(54,692)		12,064
Building Maintenance				6,500				6,500
Reach the City				90,000				90,000
TCC Rusholme					38,365	(16,669)		21,696
TCC Fallowfield					41200	(20,019)		21,181
				269,675	79,565	(91,380)		257,860
Total unrestdcted		funds		372,013	640,230	(658,708)	8,642	362,177
Restricted funds
Miscellaneous	Funds			1,285	3,506	(4,003)	542	1,330
Mission Fund				17,648	2,060	(2,571)		17,137
TCC Hardship				4,471	540	(15)	(591)	4,405
Graduate Partnership			Giving	(1,292)	5,914	(141)	(4,481)
Sequestration	Fund			152				152
HTP Hardship	Fund			24,496	19,376	(15,732)		28,140
Short Term Mission			Fund	130	14,204	(5,845)	(4,112)	4,377
Total restricted	funds			46,890	45,600	(28,307)	(8,642)	55,541
Total funds				418,903	685,830	(687,015)		417,718

				Balance at				Balance at
				1January	Incoming	Resources		31December
PRIOR YEAR				2022 f	resources f	expended f	Transfers f	2022 f
Unrestricted	funds
General
General Fund				115,722	529,020	(542,404)		102,338
Designated
CapitalFund				100,634				100,634
Other Funds				4,785				4,785
TCC Hardship				1,000				1,000
TCC Fund				70,045	80,799	(84,088)		66,756
Building Maintenance				6,500				6,500
Reach the City				90,000				90,000
				272,964	80,799	(84,088)		269,675
Total unresb	icted funds			388,686	609,819	(626,492)		372,013
Restricted
MiscelLaneous		Funds		1,300	1,660	(1,545)		1,415
Mission Fund				15,746	2,879	(977)		17,648
TCC Hardship				3,984	724	(237)		4,471
Graduate Partnership			Giving		5,769	(7,061)		(1,292)
Sequestration		Fund		152				152
HTP Hardship		Fund		11,874	18,802	(6,180		24,496
Total restricted		funds		33,056	29,834	(16,000)		46,890
Total funds				421,742	639,653	(642,492)		418,903

						Total funds at
		Unrestricted	funds	Restricted		31December
		General	Designated	funds		2023
			E	g
Tangible	fixed assets	20,299				20,299
Current assets		94,867	263,015		55,898	413,780
Current	liabilities	(10,849)	(5,155)		(357)	(16,361)
Total net assets		104,317	257,860		55,541	417,718
						Total funds at
		Unrestricted	funds	Restricted		31December
		General	Designated	funds		2022
			K
Tangible	fixed assets	23,795				23,795
Current assets		91,804	270,599		46,890	409,293
Current	liabilities	(13,261)	(924)			(14,185)
Total net assets		102,338	269,675		46,890	418,903
20Analysis ofnet funds
		At 1January Financing			At	31December
			2023 cash	flows		2023
Cash at bank and in hand			387,348	(6,229)		381,119
Net debt			774,696	(12,458)		762,238
		At 1January Financing			At	31December
			2022 cash	flows		2022
Cash at bank and in hand			378,264	9,084		387,348
Net debt			756,528	18,168		774,696