Charity registralion number. 1132731
HalasPCC
Annual Reportand Finarval Statements
for tho Year Endad 31 DOC￿b•r 2022

HalasPCC
Contsnts (conllnuad)
Reference arrtl AdThNnistrati¥e Detats
TNstao8' Rewt
2to7
ststement ofTrustees' Re$wn%￿l1￿3
Independent Exarninevs Rewl
Stslement of Fln8ncio1
1010 11
Balanu Sh•et
12
Notes to lh• Fmlncial Sla￿￿Trts
13to19

HaknsPCC
Ref•r•nce and Admlnlstratlve Detall8
G￿rIty R•glstratl¢)n m￿nbor 1132731
Prlnclpal Ollk•
The Parish Office
506 Bromsgrove Road
862 WJ
Ind•p•nd•nt Ex•mln•r
Baltsrts LLP
I Ic Kingswood Road
Hampton Lovett
V4R9 OQH
Page 1

Hala8PCC
Tn￿te•s. Report
The tnth present the annual report tQ98ther**h the ffflar#i* stateTh￿ ofthe charty for the year
ended 31 December 2022.
ObJ•ctrv￿ and •ctl
The primary obiocdve d the (*arity 18 the in the ecdeswbcal pan"8h of the whole mI8sion
ofthe church.
The trustees have complied *7th theK duty to have due reg*d to Publ￿ t￿efft guKlan¢e published by
Commission.. tho tfU8lees o)nsKler that the tharlty moets the public ber*fft requir•mènts of the
Charities Act 2011 by carying out its norn7￿ aCiMt￿.
P•Je 2

HalasPCC
Truste•s' Report (continued)
Tho Annual Roport of th• Halas for 2022
The Halas Team Ministy eyists lo serve the of the tOWTJ of Hatesowen and the distrfcts of
Cradley. Hasbury, Lapal, Romsley and Hunnington ￿ ty) the lfj"ngdom of God in PTay•r,
word. actlon and life through offering a diskn"nctNely ANJlican ewes¥ion of the Chri*ian fahh. How
this has been expl¢yed and expressed during 2022, hope to in tho Team and indtvldual
Church reports wtkh folk￿.
We seem to be retumirvJ to nOM￿rtY posl-covld and remaln gratefiA to responded to
80rvo tho Tèam during th18 recovery time.
Sadly, Reverend Cannon Dollun￿ M8fvtllg departed ft>r HandsvKJrth in October. He re￿I¥¢d a good
sand off at St John's al￿ many enfved his LKenslng in November. He v#ill be greaty mi88ed for his
contrtbutton at our Churthe8 aTh1 the Team. In October. Mother Vidoria jolned us as Team Vicar
re$ponsible lor Cradley and Ha8bury. and already are onioyirKJ having hw with us and valulng h8r
contributions. Again in October. ￿ ￿lICorne￿ back R8vttend Sue Ha￿. as an a$8ociale priest, and
we look forward lo her ministy thg Tgam. A9*n. In an Octsrybtr 88p4Ke, &shop Martin re
licenwd th• %thoJe Team •rKI ConfiM￿d RevereThS Canon Hazel Charlton aj Team Rector. We
look for%Y4rd to their Minlstry a¢ros8 Ihe te￿n and •w•lt *W￿￿ti.￿S (ty the vacan¢ post kn the Team
Vicar responsible for Hatesowfjn.
Alice Ward ha• be•n w)rklng *ilh a Hala8 group 88 8 Mls8iw* kcompanier and how lo $*& tho
frurt8 of that work from 2023. Th[¥ may be an opportuth to pauBe and agk ouryefve¥ afresh what our
collectlve m1￿k￿l li arKI thè roles and callnp Ol￿r conth￿ thurcho• are.
We are reminded that God is calllng all ol u$ to Chri81ian Mlnlsty. For that mln181ry may b8
aulhorised or Itcen8ed by the ii8hop. EncouraglNJ people in hearing and pursulno vocatlons and
wholeheartedly supporting them mull be an ongoing w￿lty for our lrfe together.
W• ￿ntinuts to hdd the staff aThl chlldrgn at Crodey. Hkn. Rom81ey and Hasbury Church
Sehoot8 to9•tr￿r with 411 Scho￿8 ar￿ th• Colw in th• Hal•• Parish, in our pray•rn.
We conlnue rev￿wIng our under ts General Dats Proteckn R•yulalions.
safeguarding. safer recnjitment arKI wnployment In pfare there are systems wh￿h ore monttoreil by
the Holas committee T•kYesentstiveB meetirvJ regularty. Mea8uro8 have been •gr•ed for new
8ppoinlments across the Team indudiTrJ InteNIe￿'ng and the carrying out of necessary Ghecks. We
are enomiously grateful for those are invofved with rrymng
We continue lo monltor our financ•s. rogular finance ry)mmthe meets'ng$ through the year.
Income conllnues to be do￿￿ overal, not helped by e￿ costs Ir￿rea¥1ng. Othgoings have been
reduced where p033ibk. Our shared •xountancy system is sh￿￿ng benefits. Paying Minlstry Share
Is not easy and levels of 9Ning have not relumed to pr•-Pondemic l•vel8.
Th• p8$t year8 leaves a legacy of uncertainty but of faithful hope. The eventual svze of our
worshipping congregations Is ￿r￿ert￿n. tluigh wme siJns are encouragiffj. We aro 81rugglirffJ lo fill
18y roles, induding chUrc1r￿*dO￿s. have. in the main, retumed to ther prtrpandemi¢ pattem.
Page 3

Hala$PCC
T￿￿te88. Report (continued)
Fallh and hope are above all in Gcd's faithfulness tOW8rd$ us. but it 1$ massively encouraged by the
dedication, gffts and passion of the people of this Team. Lay and ordained. paid and voluntary,
licensed and unlrcensed. We a￿ truty blessed in the people V•P have WDrshipping in our churches
volunteering in many drfferent roles in our lrte Ii)gether m Chri%( lor we offer our profoun(i
thanks.
Hazel Chartlon- Rector
David Scotton - Lay Chair olthe PCC
Page 4

HalasPCC
Truste88' Report (conllnuod)
Flnanclal r•vlv
It is the Policy of the PCC that the Parish Off￿e and each Distrid Church 8h•ll endeavour to establish
and maintain o resefve on their Ge￿ra1 FuTh45 eq￿Valent to nbyrths of g￿￿ra1 running ¢08ts to
vor unfore8ew¢ emergencies.
In >Ydrtth)n, the Parth Office shall wthavour to e8tabligh and m•#tsin a r•smio 8uffi¢Oerrt to cover
any Cost8 IncU￿￿d in maintainKwJ th• lyjjlding of, and equlw￿t kn. the Parish Ollce.
Each District Churc** 8h41 endeavour to e¥tsbli8h and maintain a reserve on their bullding fund8 to
cover any ¢>)st incurred wt regular m8Ontenanc•. or pwK>dK maintenancè kl•nlfl¥d by the
Qulnquennlal In$pe¢tK)n, of Ihtrir Church 8uilding.
DislrKt Churc1￿ ¥kn￿¢h have othor tsJildlry or I￿. •.g. a Church Hall, 8haN endeavour to establi8h
and maintsin 4 regWV8 ¢)n th•ir appropriate funds to cover ary cost ir)curred on regular malntenance
or p•riodic maintenarKe. of their buik4ing8 or Lqnd$. A simikqr reserv• 3hall be derived for the Parl$h
Iyfice. whi¢h shall h app)rboned to each church on the sane bas1$ as Pansh Share.
Initkqlty, the value of each reser¥• shall be submitted to the Parish Finance CLJnmittag lor
recommvndation and reporttng to the PCC for th*'r appThal.
Subs•quofty. the Id•nlfi￿ti0n of any •xp￿￿ *thi¢h may èxc￿, or gerlDusty reducè, the
88oclated reserve shall immediatefy be reported lo the Parish Treasurer and Chaimwn of Parf$h
Flnance who, W requlred. wll can a meetry ol Parlsh Financ* Comm4ttee ts th$¢)J¥s the
implications of auch r•duction n re8er¥e3 and to rKomm•nd any forward act￿ requlred, whilè
keeping the PCC Chair *id Vlc• Ctffjir fijlty Inftymed.
The 8tslu$ of the vartou$ reserves shall bo rep￿ed at l•a8t annualty to the Parijh Finance Commltte
lor onward reporting to the PCC ll)e Pwffjh Trn4wT•r for ￿K￿•10n In the Annual R•port ••
required by th• Charlti88 Act.
8tructur•i gov•rn•n¢• and marwn•nt
N•tum olgov•ming docunwrt
The governing documents of the PCC are Ihe Porochwl GIM￿Ch Council PIMr8 M8awre {19561, as
Am•nded. and th• Clmrth Represerrtatlon Rul¢s.
Day to day npnagement oflhe charity li carrled out ty n￿nbel8 ofthe PCC. all of wthom are 8180
truste•8.
Members of the PCC, are alw trustee$, are erfther ex offi(ao or elècted by the Annual Parochlal
Church Representation Rules. During the year follo￿ served as members of th• PCC..

HaknPCC
Trustees. Report (continu￿)
Roctor and Chalr ot pcc
Hazel Charlton ￿Ointed 6 November 2022
Lay Chair and Vlce c￿1r of tho PCC D*4hJ Sxttcffi Akn Deanery Rep for Lapal
Llt•nwd Cl•ryy In tho T•w
VthrH 8arlryw Team w￿App￿nted 2 Octol)er2022
Hazel Chartton Vtar for L8pal and RoM￿¢Y.
Mefissa 8tyrK)n Parish Curate
ChurchMnl•ns
Paul MiTr•Ard
Crad
Ivor Shilvock
J￿e S¥Kkir Hasbury r¢s￿ned 24 May 2022
christy￿Ady1￿adcfad
Ardts Gadd
Rw &(*neU Lapal R•sign•d 24 May 2022
DavKI Hobbl$ Ho8tMSry and D•anery R•p for Hasbury
Rotsn Parkes
H•thJry Appointed 24 May 2022
Davkl S¢otton Lapal Apwnted 24 May 2022
Dean•ry 8ynod R•ww•nt•kn•
Akgn Hughes
Eva ￿￿k1
PCC Rep. Oloce$4n Synod
PCC Rep
Selha Troman• PCC R•p
Bemard Prvjdw) Rom8
John Laykn Dk)c•un Synod
Hazel Chartton
Vthiia Barlow
KAr8n cha￿1n Crad* Appcinted 24 Moy 2022
DavKI H¢Jbbis H85b￿Y
Jonathan Spenc4rHalow4ven
Davwj Scotton Lap81
Eva F*kY
PCC Rqi
Riw Bktr*8H PCC Rfjp
Sharon Tumw Cradloy
hn H•1
Susan Bw*neti
Page 6

Ha￿SPCc
Trustees. Report (conlinued)
Andw Lapal Re8*3ned 24 May 2022
Lynn Stthvard Crad
Alan Hasbury
Sarth Lapal Appointed 24 May 2022
Lynda BarrrM¥ Sl Kenelm
Parf•h $•f•g￿n11ng Olllc•r
Chalr of Flnanc• Commltt••
Roy Bthi
Non-votlng hl•mb•r•
san Hale
Aith OIN•r
8an Creth￿
Pat Hall
Sally Sp•nc
PCC TM•ur•r
Roy 8kkndl
PCC 8•cr•tsry
•n Hwh
23.S.l&
The annual r•port was approved ty the truthm ol th• dwlty +)n ....................
b•half by..
and sIgr￿d on
Hazel Charftc41
TNSts9

HalasPCC
Statemènt of Trustets. Responslbili1108
The trustees are respons1t￿e tr Pre￿Ing the ljustees, rep(xt and the finan¢ial statements In
accordance ￿ the United ￿n9￿orn Accounting Stsndard$ (Unibj Kingdom Generalty Accepted
Accounting Prac￿e) and applicable L3w and regulations.
The law appticabte to tharthes requires the tnjstees to wepare financial slatements fty each fmancial
year Ithich give a true and fair vithv of the slate of affairs of the thanty aThg of the incoming resources
an¢J application of rescwrces ol the for that wiod. In Proparing the86 financial ststements, the
trustees are requirèd to..
ob8eNe the method5 arMI principles kn the C￿rIbeS SORP:
makejudgew*n18 and esb"males that reasonablo arKJ
8tate whether appl￿ble acc¢)unting $tsThlard8 have been frifrJ4**d. subj￿4 to any materfal
departures dl8doa•d and explain￿1 in the finanrjal *at8n￿nts,. and
prepare the financ￿1 ststements on Ihe giyw o)nwi b8818 U￿8$8 rt15 in•ppropriale lo prnsume
that th¢ ¢harity *ill ¢ontinue In bustr￿sS.
The trustees ar• re8ponsible for WiThJ accwnling re(ayds Ihat dilclose *ith reasonable
c¢ura¢y at any time the finanoal p0S￿on ol the tharity and enable them to ensu￿ that the financial
statements eomply with the Charlties A¢1 2011. the Chwthes IN￿4)Unts and Rep)Ttsl R•gulatlons
2008. and the provi$ion8 of the consti1Lrtk￿. The ITU8tees are a180 responsible for safeguarding the
assets of the charity arKI hence for takjng re480n￿O steps for t￿ prevenlion and detection of fraud
•nd other irregularlties.
The tru8teèy •re re8pon8th1• for th• mairthnanc• Integrity of the ¢rypwats and fina￿al
informatson Ir￿luded on the tharItat￿e compan￿8 *Ebsite. Legi8latlon goverymng the prep8r•tion and
dlss•mln4tKJn of financial 8tatem￿ts may doifer from leglslation in ottwjuimdictrons.
23.S.23
Approvgd by the lJu•lM8 olthè on........................ and *n•d on Its t)thalf ty..
Hazel Charlton
Trustee

HalasPCC
Independent Examlnerfs Report to th6 trustee8 of Halas P C C
I rewrt to the trusteeg my examination of the acttjunts of Halas P C C for the year ended 31
December 2022.
R08ponslbilili•s and basls of rwort
As the chanty trustees of Haks P C C you are respOn9b￿ for the preparatlon of Ihe ¥ccounts in
accordance wth the requirements ofthe Charities Act 2011 fft A£r}.
I report in respect of my examination of the Halas P C C's accounts carr￿d out under section 145 of
the 2011 Act and in carrying Out my exaMinat￿n I have follo*Ed all the applicable Directions given by
the Charity Ccmmwton under 8e¢lion 145{5)(b) ofthe Act
Ind•pend8n¢•x•mln8V• •lat•m•
Since HaLqs P C C's gross income exceeded £250.000 your examiner musl be a member of a body
li$led in sectb)n 145 of the 2011 Ad. I confimi that l am qualffied to undertake the oxamination
ba￿U88 l am a member of, one ofthe listed bodigs.
I have completed my examinats"￿. I confimi that no nwterial matters have come to my attgnlk*n In
connoction with the éxammwtion 9iving me cause lo bellave Ihat In any matenal r•8poct'.
acGounting remrd8 were n¢X kept In respect of Hak48 P C C a8 required by se¢b'on 130 of the
2. th• accounts do not acwd WFth those rec￿￿,. or
3. the accounts do not ￿fflpty the accounting requlremerrts cor￿mIng the ftym and conlenl ol
Iccounts set oul In the Charl1￿ (A¢￿Unts and Reports) Regulalons 2008 other than any
rgquirement that the accounts 9ive a Irue and fair view 1$ not a matter con$id•red as part
of an Sndependent examination.
I have no concems and ha￿ come acro38 fK* othw mattern in C￿nectiOn the examlnallon lo
which attents'on should be dravm in this rgpiyt kn order b) enabl• a proper understandlng of Ihe
accounts to be reached.
M A Skellum FCA
17c Kingswood Road
Hampton Lovett
Dro1￿.¢￿
Worcester8hire
WR9 OQH
Paje 9

HatssPCC
Statsment of Flnanclal Acfjvltles for the Year Ended 31 Decomb•r 2022
Total
2022
funds
Incom• and EndoMnonts from:
Donations and legau8s
Charitable actwibeg
Other trading acbvltks
Investment incc
¢)th8r wicome
180,653
39.615
20.640
23,123
156,W2
38.740
1251
219,393
20.840
49,257
158.382
28.134
Total incom•
420,393
88,125
486,518
Exp•ndltur• ¢Jn:
Rai$ing fvnds
Charitabk a¢tivfOe8
Other expendMur¢
Total exF*ndiknro
Gain8nosse8 on irNestrnnt
assets
{1.tW)
1413.974)
{1.1301
1464,344)
14
150.370)
314
{415,038)
(52.750)
(467,788}
68.026>
162.671)
P3.241)
(9,808)
193.6021
{93.602)
184,869
Not expend￿
{166,139)
movem•nt kn fvrK
{62.671)
(9.866)
(93,602)
(166.1391
R•conclllatlon of
The notes on pages 13 to 19 fomi an integral part of these financial st*trrwls.
Page10

HalasPCC
Statgmont of Financlal Actlvltles for the Year Ended 31 D8cembgr 2022
(continuedl
Totsl
2021
nd•
Incom• and ETrd0￿￿ from:
Donation¥ and legac
Chantable actNibes
Other trading acbvi
Invgslment kn¢om
Other ino¢xn&
195,888
34.780
12.304
18.391
19.938
204.736
34,780
13,888
43,577
19,936
25.186
Total income
281.301
35,618
316,919
EXp•ndI￿re I￿.
Raising fijnds
Charitable 8thvTb
(114)
1309.112)
(1141
1373.628)
(64.516
Totsl expendthr?
GalnsllO￿I on investment
assets
(309
(64.516)
1373,7421
Not lexpend#ur8Ymcome
Nel movoment tr) funds
(17,838)
105,309
142,826
R•¢onclllatlon of fund•
Total fvnd8 ￿[rIed fr)p•Ard
All ofth• ¢honty8 actbVitiM from ¢ontWi￿j ¢)peraliorA dwkng the above perW¥.
The lunds br••kdovm for 2021 1$ sh(y*n In nota 8.
The notes on pap$ 13 to 19 fo￿ an integral part Of1h￿ fin￿1* 8tatern￿ts.
Page11

HatssPCC
(Registratlon number. 1132731)
Balanc• Sheet as at 31 December 2022
2022
20
Flx•d
Tangible a88ets
Investmonts
104,390
1.394,535
1.498,925
104,390
1.594,762
1,699.152
Currenta•••i•
DebtLvs
Ca8h •t bonk ond in hwKI
19.079
29,312
329.046
300,794
redltoy•." Am¢)unts l•lllng du•*lthln on• yav
N•t¢urr•nt••••ts
Funds of th• ¢harfty:
End0wM•ntf￿
784.843
878,445
Re•trl¢ted Incom• iknd•
Restricted fvn
748.172
758,038
Unr••trlctsd InGom• fiMKI•
Unrestrlcted fvrvJ8
284.198
346,869
Tot41 fund•
Tho fin•nci•l •t•l•ments on page8 10 to 19 were approwj by It￿ tru8ta8s, and aUth￿Sed for i88Ue
and li91￿1 on Ih•lr bolHlf ty:
Haz81 Chartton
Trustee
The notss on pages 13 to 19 an integral part ofthese financial statgments.
Page12

HatssPCC
Nole8 to the Flnanclal Statements for th• Year Ended 31 Docembor 2022
1 AcGountlng poUcl••
8tstem8nt of cc¥npllan¢o
The financial statements have been wepared In accor(lan¢e A¢a￿ntIng and Reporting by
Charities.. Stater￿ftt of Re￿nmended PractKe appTrub￿ to tharitieJ preparing their accounts in
accordance wth the Financial ReF￿]ng Stsndard SP￿1cable in the UK and Republic of Ireland IFRS
1021 (effective 1 January 20191- (Charities SORP (FRS 102}), the Finan￿81 Repoiting Standard
applicabl• in ts UK aThl Republk of IreLqrKI (FRS 102) and tr* ChariO88 A& 2011.
Ba•18 of pr•para
Halas P C C meets the defin￿on of a publ￿ ber￿ onw ur#Jw FRS 102. The a￿Unts (financial
statements) have bèen prepared urvjer the historical Gost corwention wlth items re(aWnL￿ at cost or
Iransaction value unles• otherwi88 slated Ni the relevant noNs) to these a¢counts.
EX￿Mpl10n from pr•p•rlng a ¢ash fl￿*1*t•M•rrt
The charty opted lo earfy adopt Bulletln 1 published on 2 Fdyu8ry 2016 and h•v• thrfore not
IrKlud&J 4 C88h ftow 8tatement in these finanaal stat•nwts.
Incom• Ind •fKlryMn•nts
Donatlons •nd1ogacl•s
Donation$ and legac￿ 4r• recognl•ed on a Tecer4abl8 basls rec•lpt b• wobabl8 and thè
amount rAn be rnlrabty ma5ureil.
Grnnts rn¢•fv•bl•
Grants are r•cogni8ed when thg charty has •n entIt￿TrI lo th8 funds and any condlilon• Ilnk•d lo
the grants have beèn n￿t. ￿ere p•rlorm8n¢e LxMdrtlon$ ar• •tta¢h•d to th• 9rant antj are yet to be
mel, the Incom• 1$ r•cognised as a liabrlty ond included oft the balance sheet aJ deferred Income to
be releaa•d.
Glft•kl
In¢oming re80Lrrces from tax reclaims ￿ Ind￿￿ed In the Stalemwrt of Rnand#l Activlttel at the sarr
lime as the gfft to v*hth they relate.
EX￿n(liU10
All expenditure is recognised once there b 8 legal or obl*tion to thal expendllure, It 1$
probable getUem8nt 1$ required aTha the amount can be me¥sured reliobty All cost¥ are aMo¢aled to
the applicable expenditur• heading that aggregate simlkgr costs to that category. Where costs cannot
be di￿¢t￿ attrlbuted lo partkular headin9s they have been albcated on a basL8 ¢on3i8lent Mlh the
use of resources. ￿th central staff c08ts a110¢8ted on the basis of time swnt, and depreciallon
charges all￿￿ted ￿1 the porlKn of ts a56el's use. support ¢08ts we alkxated based on th8
spread of staff costs.
Page13

HalasPCC
Notes to the Financlal Ststements for the Year Ended 31 December 2022
(Continued)
Charitsble expenditure comprises those ccBts in(allred by the thaiity in the delrvery of its activities
and services for its benefickaries. tt indudes tjoth costs that can be alkxated thredy to such activrti88
and those costs of an indirecl nature necessary to support Ihem.
Tanglblo fix•d assots
Consecrated and tenefice propety 15 excluded from the accounts by provisions of the Charities Act
2011. No value 18 placed on movable church fumishin9$ held by the chur¢hw8rdens on speck?1 trust
for the PCC and vthi¢h requires a faculty for disposal *nce the PCC wnsthrs this lo be inalienable
prop•rty. All expendrture incurred during the year on GOn￿rated or benefice tJuikYing5 an¢J movable
church fumishings, whether m8intenanc* or improv8rw)ts. 18 thrltten off as expèndrture in the SOFA
and separately disdos•d.
Fixod •¥•et inv•8lmonts
Fixed asset investments, other than programmt related investments, are induded at m8rkei value at
the balance 8heel date. Realised gains and losses on investrnents are caEulated as Itle difference
b8fv48en sales prO￿ed5 8nd their market value at the stsrt of the year. or their subsaquent ¢osl, and
are Charged or ¢r•diled to the Statement of Financial Aclwrt*s in the period of dl•poaal.
Unreall3ed gains and bsses represent Ihe movement in market values dunng the year and are
credrted or charged lo the Statement of Financial Acllviti"￿ ba88d on the market value at the year end.
Fund Stn￿t￿r*
Unrestricted income fvnds are general fuThts that are a¥*bte for u¥e at the truste•s discretion in
furthorance of the obffiective5 of t￿ charity.
Restricted income knnds are thoso donated for ule In • pwligjlar affja or for Speryftc purposes, the
usè of whSch Is resln'cted to that orea or puoose.
2 Trust•e8 r•muTr•ratlon and •xponso•
During the year Ihts tharty made Ihe folluMng transackns 7hith bijsteos..
Clergy exwaes of£8,331 (2021- £5.7861 were patd In the year.
No trustees, nor any persons c¢)nnectsd with them. have re¢etved any remuneration from the charty
durfng the year.
No trustees have receNed any other bfjneffts from Chwfy during the year.
Page 14

HathsPCC
Notss to the Flnanclal Statements for the Year Ended 31 Dec•mbor 2022
(conllnued)
3 Taxatlon
4 Tanglbl• trlxod aM4ts
Landand
buildlng
Total
Ca•t
Al 1 January 2022
At 31 D•¢•mber 2022
104,390
104,390
104,390
104.39)
D•pr•clatlon
At 31 Decembgr 2022
N•t book val
At 31 Deoemb•r2022
At 31 Decémbw 2￿1
15 Flx•d w•1 InvMtm•nt•
JJ22
X121
Other Investm•nts
Page 15

Hala8PCC
Note8 to the Financial Ststements for the Year Ended 31 Dec¢m￿r 2022
{¢ontlnwd)
Total
C￿t or V•luatk)n
Al 1 J¥nuary 2022
RevaluatSon
Addrb'cfis
D18908al8
At 31 December 2022
1.594,762 1,594.762
1184.889) (184.8691
6,9&8
6,956
N•t book valu•
At 31 December2022
At 31 Oec•rnber2021
6 Dgbtorn
2021
Other detrkns
T Cv•dhor•: amounts lalllThJ ThltrAn y••r
2022
2021
Other ¢xoditorn
Pw16

HalasPCC
Notes to the Financial Statements for tha Year Ended 31 December 2022
(conllnued)
8 FuThl¥
B*lanc•
Balancg•t
31
•xpwMl•d yknlll(w•81 2022
Unre8trlet•d fundB
Unrnstricted l￿d5
420.393
{415,038)
{68.028)
284,198
Rostrlct•dfund•
Restricted fund8
758,038
86.126
(S2,750)
{23.2411
748,172
End4wdMentf￿¥l•
Endowmentfix
78
Total ￿nd#
Page 17

HalasPCC
Notes to the Flnanclal Ststemonts for the Year Ended 31 December 2022
(ContInu￿)
Balan¢8 at
31
Balance at
1 January
21
•¥4)•nded p1rnllloss￿)
2021
G•n8rn1
Unrestricted fiJrKI$
364.707
281.301
(309,226)
10,087
346,869
Re¥lricted fvnd•
702.883
35.618
(64.518)
84,253
758.038
End¢)Ym1•ntf￿X11
Endowm•ntfund•
T13.138
105,309
878,445
ToLql lund•
9 Analy•S• of rnt •••ots b•t*••n fundB
2022
Exp•nd•bk Total lund8
Tanglble fixed 298ets
Flxed asset inveslment8
Current assets
Cuffént IlabMNles
104,390
590.422
59,971
104.390
1.394.535
329,046
110.758
19.271
269.075
14.148
784.842
2021
Expe￿b￿ Tot*l fund•
Tongible flxed a88ets
Flxed asset iivestments
Current as8ets
Current liabiliti
104.36x1
396,394
261364
5.110
104,390
1,594,782
300.794
116,5941
322.633
35.720
(11,484)
875.735
2,710
Page 18

HalasPCC
Nots3 to the Financial Ststements for the Year Ended 31 December 2022
(continued)
10 Analysis ol notfvnds
A131
Dgcomb•r
2022
At 1 Janu
2022
Flnancin9
cash Ilo
Cash at bank and in h
271,482
38,485
309,967
Net debt
At31
D•c•rnb•r
2021
At 1 January
2021
Flmnclng
c••h flow4
Cash at bank and in hand
335.677
{64.195}
271,482
Net debt
11 Rolatsd p•rty trnM•¢llo
There were no relatsd party trans*ion8 in the yew.
Page19