PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY
Charity Registration No 1132732
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
| Page | |
|---|---|
| Annual Report of the Parochial Church Council | 1 |
| Balance Sheet | 2 |
| Statement of Financial Activities | 3 |
| Accounting Policies | 4 – 5 |
| Notes to the Financial Statements | 6 – 10 |
| Independent Examiners Report | 11 |
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY
1
ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022
The parish is part of the Diocese of Manchester within the Church of England. The correspondence address is:-
St Mark’s Rectory Walkden Road Worsley Manchester M28 2WH
Website: www.stmarksworsley.org.uk
The parish is divided into two districts, with three congregations and two schools, and is served by a team ministry.
St Mark’s District
St Mark Worsley, Worsley Brow, Worsley, Manchester M28 2WH
St Mark’s C of E Primary School, Aviary Road, Worsley, Manchester M28 2WF
St Mary’s District
St Mary the Virgin, Ellenbrook, Ellenbrook Road, Manchester M28 1FR
St Andrew Church in School, Vicar’s Hall Lane, Boothstown, Manchester, M28 1HS St Andrew’s C of E Primary School, Vicar’s Hall Lane, Boothstown, Manchester M28 1HS
Aims and purposes
The PCC has the responsibility of co-operating with the clergy in promoting to the public, in the ecclesiastical parish, the whole mission of the Church: pastoral, evangelistic, social and ecumenical. Under the Constitution of the Team Ministry, the PCC delegates to the District Church Councils (DCC’s) of St Mark and St Mary the day to day promotion of the mission of the Church and the care and maintenance of the church buildings.
Activities
I reflected in last year’s end of year report on the hard times that we went through during the pandemic. Normal life came to a standstill, we experienced a complete shift in our circumstances, and we had to learn how to live in strange, and fearful circumstances. It was a time where you couldn’t predict the future, where a new danger could be just over the next hill, where the very air itself could kill you if you shared it with another outside of your immediate circumstances.
It was hard to live, it was hard to pray, it was hard to do anything. It hit me and my family very hard, and I know it hit others as well. It’s so frustrating when, each day, you don’t know where you will be at the end of the day; where, even if you take one step forward, some unknown force can push you back. All you can do is keep your head down and put one foot in front of the other, trusting that God will lead you through.
This is what the people of Israel had to do when they were led out of Egypt into the desert, they had nothing but their trust in God to lead them through.
But God has led us through, he never left us, he didn’t forsake us. He was with us every step of the way.
I believe that we have come to the end of the desert; green grass has begun to appear; there is a source of water and you see plants growing and animals nearby, there are signs of life. That’s what I’m seeing in our churches, signs of life, signs of hope and confidence, signs of a future.
We are out of the desert, a bit battered but not broken, weary but unbowed, ready to take tentative steps into the new land we’re in. And the more we walk, the more we will gain in strength and confidence; the more we will see than just a few feet in front of us. And excited about the amazing vistas of possibility that God has in store for us.
Our services are well attended. The confidence of the people is growing, and the joy is returning. Bible studies are happening week in and week out. Our More Than Sunday work as a mission community has been a success and we have begun to embed its principles into our congregations.
We are beginning to see a new, and hopeful way forward. Led by God’s Spirit, filled with hope, and with the knowledge that God is indeed not finished with his church. I would like to thank you all, those at Saint Mary’s and Saint Andrew’s, and those at Saint Mark’s for your love, for your care and for your dedication to your communities. Be assured of both my own and vicar Karen’s prayers as we continue together to do God’s work in our contexts and churches.
Financial Review
Income for the year totalled £220,522 (2021 £147,533) and expenditure £205,567 (2021 £173,509) giving an excess income in the current year of £14,955 compared with a loss of £25,976 for 2021. The healthy change in finances has obviously been brought about by life returning to some normality after the pandemic. There has been greater activity within the Parish from outside events and the Parish has also benefited from legacies and grants. However costs continue to rise, particularly utility and maintenance of properties and it is a struggle to pay the Parish Share with a shortfall of £20,501 this year compared to a shortfall of £16,499 in the previous year. Whilst the Parish is financially strong, as shown by the Balance Sheet, it must continue to increase its income to meet ever rising costs and the effects of inflation.
Reserves Policy
Over many years the Parish has accumulated its Unrestricted General Fund from bequests of property and general income. The church of St Mark itself is a Grade 1 listed building and is now over 175 years old. The Parish has been made aware that extensive repair work is needed to St Mark Church and that this will require substantial financing totaling an estimated £500,000.. Accordingly the PCC considers it prudent policy to maintain general funds at current levels to guard against the loss in value of its investment, the fabric of the Church and its surroundings and related high maintenance costs.
Structures, Governance and Management
PCC Members who served during the year 2022:-
| Team Rector | Revd Adam Whittle |
|---|---|
| Team Vicar | Revd Karen Hopwood-Owen |
| Reader | Sheila Radford |
| Parish Warden | Kath Tongue |
| District Church Warden | Peter Lumb (St Mary) |
| Irene Butler (St Andrew) |
| Deanery Synod Member | Lesley Hopwood-Ryan |
|---|---|
| Helen Wyles | |
| Elected – St Marks’s | Greta Barwise |
| Paul Speakman | |
| Christine Ellis | |
| Francesca Orford | |
| Barbara Lyon | |
| Elizabeth Pollitt | |
| Jill Rawson | |
| Elected – St Mary’s | Anne Maye |
| Carol Sansome | |
| Paul Heathcote | |
| Jade Philips |
Appointment of PCC members is set out in the Church Representation Rules. The Council comprises the Team Rector, Team Vicar, Churchwardens, those elected to the Deanery Synod and members elected at the Annual Parochial Church Meeting. The PCC is a registered charity.
The PCC members are responsible for decision making on all matters of general concern and importance to the Parish including its finances. The PCC meets four to five times a year. Given its wide responsibilities the PCC has a number of subcommittees each dealing with a particular aspect of parish life. These include Worship, Safeguarding of children and young people, Buildings and Finance, Church missionary work and Communications.
Adam Whittle Team Rector.
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY
2
BALANCE SHEET
| Notes | 31 December 2022 | 31 December 2022 | 31 December 2021 | 31 December 2021 | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Fixed Assets | |||||
| Tangible fixed Assets | 5a | 32,379 | 33,583 | ||
| Investment assets | 5b | 350,815 | 355,397 | ||
| __ | __ | ||||
| 383,194 | 388,980 | ||||
| Current Assets | |||||
| Debtors | 6 | 7,476 | 17,745 | ||
| Bank and Cash | 276,993 | 244,776 | |||
| __ | __ | ||||
| 284,469 | 262,521 | ||||
| Current Liabilities: amounts falling | |||||
| due within one year | 7 | 14,271 | 8,482 | ||
| __ | __ | ||||
| Net Current Assets | 270,198 | 254,039 | |||
| __ | __ | ||||
| Total Net Assets | 653,392 | 643,019 | |||
| __ | __ | ||||
| Funds | 8 & 9 | ||||
| Unrestricted | 549,997 | 546,846 | |||
| Restricted | 60,296 | 48,142 | |||
| Endowment | 43,099 | 48,031 | |||
| __ | __ | ||||
| 653,392 | 643,019 | ||||
| __ | __ |
Approved by the Parochial Church Council of St Mark Worsley on and signed on its behalf by
Rev Adam Whittle ……………………………………..... Rector
Mrs K Tonge ..............................…………………………. Church Warden
Mrs E Pollitt ...........………………………………………. PCC Secretary
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY 3
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2022
| Note | Unrestricted | Restricted | Endowment | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| funds | funds | funds | Total | Total | ||
| £ | £ | £ | £ | £ | ||
| Incoming Resources | ||||||
| Incoming resources from | ||||||
| donors | 2a | 113,869 | 17,100 | - | 130,969 | 89,635 |
| Other voluntary incoming | ||||||
| resources | 2b | 16,730 | - | - | 16,730 | 10,323 |
| Income from charitable | ||||||
| and ancillary trading | 2c | 51,883 | 277 | - | 52,160 | 40,363 |
| Income from investments | 2d | 20,663 | - | - | 20,663 | 7,212 |
| __ | _ | _ | _ | _ | ||
| Total Incoming | ||||||
| Resources | 203,145 | 17,377 | - | 220,522 | 147,533 | |
| __ | _ | _ | _ | _ | ||
| Resources Expended | ||||||
| Activities directly relating | ||||||
| to the work of the church | 3a | 190,460 | - | - | 190,460 | 161,306 |
| Church management and | ||||||
| administration | 3b | 9,558 | 4,900 | - | 14,458 | 9,396 |
| Other expenditure | 3c | 326 | 323 | - | 649 | 2,807 |
| __ | __ | _ | _ | _ | ||
| Total Resources | ||||||
| Expended | 200,344 | 5,223 | - | 205,567 | 173,509 | |
| __ | __ | _ | _ | _ | ||
| Net Incoming/ | ||||||
| (Expenditure) & | ||||||
| Resources | 2,801 | 12,154 | - | 14,955 | (25,976) | |
| (Loss)/Gain on | ||||||
| investments | ||||||
| -unrealized | 350 | - | (4,932) | (4,582) | 5,330 | |
| __ | __ | __ | _ | _ | ||
| Net Movement of Funds | 3,151 | 12,154 | (4,932) | 10,373 | (20,646) | |
| Balances c/fwd at | ||||||
| 1 January 2022 | 546,846 | 48,142 | 48,031 | 643,019 | 663,665 | |
| __ | __ | __ | _ | _ | ||
| Balances b/fwd at | ||||||
| 31 December 2022 | 549,997 | 60,296 | 43,099 | 653,392 | 643,019 | |
| __ | __ | __ | _ | _ |
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY 4
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
1. Accounting Policies
The financial statements have been prepared in accordance with the Charities Act 2011 and the Church Accounting Regulations 2006 together with applicable accounting standards and the Charities SORP 2005.
The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value as appropriate. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the financial statements of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members.
Funds
General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.
Restricted funds are those funds that must be spent on restricted purposes. Details of the funds held and their restrictions are provided in note 9. Endowment funds where the capital must be retained are also explained in note 9.
Incoming Resources
Voluntary Income and capital sources
Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under covenant is recognised only when received. The income from deposited covenants is spread over the duration of the deed of covenant. Income tax recoverable on covenants or gift aid donations is accounted for when the income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement of the amount due, is quantifiable and its ultimate receipt by the PCC is reasonably certain. Funds raised by fairs, garden parties and similar events are accounted for when received. Sales of books and magazines from the church bookstall are accounted for when received.
Income from Investments
Dividends and Interest are accounted for when receivable. Rental income from the letting of church premises is recognised when the rental is due.
Gains and losses on investments
Realised gains and losses are recognised when Investments are sold. Unrealised gains or losses are accounted for on the revaluation of financial investments at the year end.
Resources Expended
Grants
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PPC
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY 5
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
1. Accounting Policies (continued)
Activities directly relating to the work of the Church
The parish share is accounted for when due. Any parish share unpaid at 31 December should be provided for in these financial statements as an operational (though not a legal) liability and shown as a creditor in the balance sheet but see note 10.
Fixed assets
Consecrated land and buildings and movable church furnishings
Consecrated and benefice property is excluded from the financial statements in accordance with section 10(2)(a) and (c) of the Charities Act 2011.
No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure
Other property
St Marks Parish Hall Stated at cost less accumulated depreciation - provided so as to write off the cost completely in equal instalments over 15 years. School House Valued at the mid-point of the Local Authority Council Tax Band plus subsequent additions at cost. 171 Greenleach Lane Stated at cost
Other fixtures, fittings and office equipment
Equipment used within the church premises is depreciated on a straight line basis over 10 years. Individual items of equipment with a purchase price of £200 or less are written off when the asset is acquired.
Investments
Financial Investments are valued at their market value at 31 December each year.
Current assets
Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove irrecoverable.
Bank and Cash represent money on deposit either with CBF Church of England Funds or at the bank.
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY 6
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
2. Incoming Resources
| Unrestricted | Restricted | 2020 | 2021 | |
|---|---|---|---|---|
| funds | funds | Total | Total | |
| £ | £ | £ | £ | |
| 2a. Incoming resources from donors | ||||
| Planned giving: | ||||
| Gift Aid | 48,535 | - | 48,535 | 50,674 |
| Income tax recoverable | 15,382 | - | 15,382 | 15,663 |
| Other collections at all services | 10,759 | - | 10,759 | 4,114 |
| Donations and Grants | 19,193 | 17,100 | 36,293 | 18,100 |
| Legacies | 20,000 | 20,000 | 1,084 | |
| __ | _ | __ | __ | |
| 113,869 | 17,100 | 130,969 | 89,635 | |
| __ | _ | __ | __ | |
| 2b Other voluntary Incoming resources | ||||
| Donations appeals etc: | ||||
| Floodlight sponsorship | 855 | - | 855 | 532 |
| Fetes, bazaars, other fund raising events | 15,875 | - | 15,875 | 9,791 |
| __ | _ | __ | __ | |
| 16,730 | - | 16,730 | 10,323 | |
| __ | _ | __ | __ | |
| 2c Income from charitable and ancillary | ||||
| trading | ||||
| Magazine sales and advertising revenue | 3,029 | - | 3,029 | 2,459 |
| Wedding fees | 11,450 | - | 11,450 | 3,342 |
| Baptisms | 510 | - | 510 | 663 |
| Flowers | 90 | 277 | 367 | 120 |
| St Marks Church Hall | 13,543 | - | 13,543 | 9,724 |
| Funerals | 20,935 | - | 20,935 | 23,719 |
| War Memorial Grant | 336 | - | 336 | 336 |
| Energy Grant | 1,990 | - | 1,990 | - |
| __ | _ | __ | __ | |
| 51,883 | 277 | 52,160 | 40,363 | |
| __ | _ | __ | __ | |
| 2d Income from investments | ||||
| Interest | 3,999 | - | 3,999 | 1,192 |
| Rental income | 16,664 | - | 16,664 | 6,020 |
| __ | __ | __ | __ | |
| 20,663 | - | 20,663 | 7,212 | |
| __ | __ | __ | __ | |
| Total Incoming Resources | 203,145 | 17,377 | 220,522 | 147,533 |
| __ | _ | __ | _ |
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY 7
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
- Resources Expended
| Unrestricted | Restricted | 2022 | 2021 | ||
|---|---|---|---|---|---|
| funds | funds | Total | Total | ||
| £ | £ | £ | £ | ||
| 3a | Directly relating to the work of the Church | ||||
| Ministry : Parish Share | 86,812 | - | 86,812 | 85,512 | |
| Clergy expenses | 5,638 | - | 5,638 | 669 | |
| Church – running expenses | |||||
| Insurance | 10,447 | - | 10,447 | 11,077 | |
| Utilities | 17,958 | - | 17,958 | 11,431 | |
| Church maintenance | 14,798 | - | 14,798 | 9,599 | |
| Upkeep of altar services | 2,932 | - | 2,932 | 4,248 | |
| Upkeep of churchyard | 5,284 | - | 5,284 | 6,425 | |
| Magazine Printing Costs inc Crux | 1,885 | - | 1,885 | - | |
| Wages and Fees | 22,196 | - | 22,196 | 21,698 | |
| Depreciation of Tangible Fixed Assets | 5,885 | - | 5,885 | 5,430 | |
| Miscellaneous | 3,896 | - | 3,896 | 1,459 | |
| Wedding & Funeral Fees | 12,729 | - | 12,729 | 3,758 | |
| __ | _ | __ | __ | ||
| 190,460 | - | 190,460 | 161,306 | ||
| __ | _ | __ | __ | ||
| 3b | Church management and administration | ||||
| Printing, stationery | 2,200 | 2,200 | 3,470 | ||
| Professional Charges | 6,780 | 4,900 | 11,680 | 5,412 | |
| Bank Charges | 578 | - | 578 | 514 | |
| __ | _ | __ | __ | ||
| 9,558 | 4,900 | 14,458 | 9,396 | ||
| __ | _ | __ | __ | ||
| 3c | Other expenditure | ||||
| Flower guild | 326 | 323 | 649 | 208 | |
| Organ Maintenance | - | - | - | 298 | |
| English Heritage Church Repairs net of grants | - | - | - | 2,301 | |
| __ | _ | __ | __ | ||
| 326 | 323 | 649 | 2,807 | ||
| __ | _ | __ | __ | ||
| Total Resources Expended | 200,344 | 5,223 | 205,567 | 173,509 | |
| _ | _ | __ | __ |
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY 8
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
4. Staff Costs
| 4. | Staff Costs | ||
|---|---|---|---|
| 2022 | 2021 | ||
| £ | £ | ||
| Salaries (No. of staff – 1. 2021 – 1.) | 18,114 | 17,534 | |
| _ | _ | ||
| No remuneration is paid to any members of the PCC. | |||
| Expenses are paid to the clergy to reimburse them for | |||
| parish expenses incurred. | |||
| 5a. | Tangible fixed assets |
| angible fixed assets | |||
|---|---|---|---|
| Equipment | Parish Hall | Total | |
| £ | £ | £ | |
| Cost | |||
| At 1 January 2022 | 60,138 | 77,326 | 137,464 |
| Additions | 4,681 | - | 4,681 |
| __ | __ | __ | |
| At 31 December 2022 | 64,819 | 77,326 | 142,145 |
| __ | __ | __ | |
| Depreciation | |||
| At 1 January 2022 | 26,556 | 77,325 | 103,881 |
| Charge for the year | 5,885 | - | 5,885 |
| _ | _ | _ | |
| At 31 December 2022 | 32,441 | 77,325 | 109,766 |
| _ | _ | _ | |
| Net Book Values | |||
| At 31 December 2022 | 32,378 | 1 | 32,379 |
| At 31 December 2021 | 33,582 | 1 | 33,583 |
| _ | _ | _ | |
| nvestment assets | |||
| 2022 | 2021 | ||
| £ | £ | ||
| Financial Securities at Market Value | |||
| 366 shares – CBF Fixed Interest Securities | 500 | 579 | |
| 1,820 shares – CBF Investment Fund | 37,580 | 42,569 | |
| Short term deposits | 44,382 | 43,896 | |
| _ | _ | ||
| 82,462 | 87,044 | ||
| _ | _ |
5b. Investment assets
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY 9
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
5b. Investment assets (continued)
| nvestment assets (continued) | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Investment Property at Cost | ||
| School House | 85,245 | 85,245 |
| 171 Greenleach Lane | 183,108 | 183,108 |
| __ | __ | |
| 268,353 | 268,353 | |
| __ | __ | |
| Total Investment Assets | 350,815 | 355,397 |
| __ | __ |
The PCC are of the opinion that the total market value of the investment property is £575,000.
6. Debtors
| 6. | Debtors | ||
|---|---|---|---|
| 2022 | 2021 | ||
| £ | £ | ||
| Prepayments and other debtors | 3,822 | 13,801 | |
| Income tax recoverable on Gift Aid | 3,654 | 3,944 | |
| _ | _ | ||
| 7,476 | 17,745 | ||
| _ | _ | ||
| 7. | Liabilities: Amounts falling due within one year | ||
| 2022 | 2021 | ||
| £ | £ | ||
| Creditors for goods and services | 14,271 | 8,482 | |
| _ | _ | ||
| 8. | Analysis of Net Assets by Fund |
| nalysis of Net Assets by Fund | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | ||
| funds | funds | Funds | Total | |
| £ | £ | £ | £ | |
| Fixed Assets | 340,095 | - | 43,099 | 383,194 |
| Current Assets | 224,173 | 60,296 | - | 284,469 |
| Current Liabilities | (14,271) | - | - | (14,271) |
| _ | _ | _ | _ | |
| Fund Balance | 549,997 | 60,296 | 43,099 | 653,392 |
| _ | _ | _ | _ |
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY 10
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
9. Fund Details
| 9.Fund Details | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | |||
| funds | funds | funds | Total | ||
| £ | £ | £ | £ | ||
| St Mark Worsley | 495,779 | 37,382 | 43,099 | 576,260 | |
| St Marys Ellenbrook with St Andrews | |||||
| Boothstown | 52,400 | 22,914 | - | 75,314 | |
| Magazine Account | 861 | - | - | 861 | |
| St Mark’s Flower Guild | 957 | - | - | 957 | |
| _ | _ | _ | _ | ||
| 549,997 | 60,296 | 43,099 | 653,392 | ||
| _ | _ | _ | _ | ||
| Analysis of Restricted and Endowment Funds | |||||
| St Mark | |||||
| Meadowcroft Legacy – the capital is a bequest invested | to | ||||
| produce Income for maintenance of the church fabric | 5,431 | ||||
| Williams Legacy – the capital is permanent endowment | whilst | ||||
| the application of income is unrestricted | 34,937 | ||||
| A number of small bequests which stipulate that capital | is | ||||
| permanent and income be applied to churchyard upkeep | 2,731 | ||||
| Bromley Legacy – re Family grave | 5,000 | ||||
| Organ Fund | 24,837 | ||||
| Bellringers fund for the refurbishment of the bells | 4,229 | ||||
| Restoration fund, re Ellesmere Chapel | 3,316 | ||||
| _ | _ | ||||
| 37,382 | 43,099 | ||||
| _ | _ | ||||
| St Marys | |||||
| Flower Guild | 1,164 | ||||
| Building Fund | 9,550 | ||||
| Heating Fund | 10,200 | ||||
| Kitchen Fund | 2,000 | ||||
| _ | |||||
| 22,914 | |||||
| _ |
10. Parish Share
For the current financial year the unpaid Parish Share for the parish amounted to £20,501 (2021 £16,488) This is not included in these financial statements, as required by the accounting policy, because it has been written off by the Diocese.
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY
Charity Registration No 1132732
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
| Page | |
|---|---|
| Annual Report of the Parochial Church Council | 1 |
| Balance Sheet | 2 |
| Statement of Financial Activities | 3 |
| Accounting Policies | 4 – 5 |
| Notes to the Financial Statements | 6 – 10 |
| Independent Examiners Report | 11 |
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY
1
ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022
The parish is part of the Diocese of Manchester within the Church of England. The correspondence address is:-
St Mark’s Rectory Walkden Road Worsley Manchester M28 2WH
Website: www.stmarksworsley.org.uk
The parish is divided into two districts, with three congregations and two schools, and is served by a team ministry.
St Mark’s District
St Mark Worsley, Worsley Brow, Worsley, Manchester M28 2WH
St Mark’s C of E Primary School, Aviary Road, Worsley, Manchester M28 2WF
St Mary’s District
St Mary the Virgin, Ellenbrook, Ellenbrook Road, Manchester M28 1FR
St Andrew Church in School, Vicar’s Hall Lane, Boothstown, Manchester, M28 1HS St Andrew’s C of E Primary School, Vicar’s Hall Lane, Boothstown, Manchester M28 1HS
Aims and purposes
The PCC has the responsibility of co-operating with the clergy in promoting to the public, in the ecclesiastical parish, the whole mission of the Church: pastoral, evangelistic, social and ecumenical. Under the Constitution of the Team Ministry, the PCC delegates to the District Church Councils (DCC’s) of St Mark and St Mary the day to day promotion of the mission of the Church and the care and maintenance of the church buildings.
Activities
I reflected in last year’s end of year report on the hard times that we went through during the pandemic. Normal life came to a standstill, we experienced a complete shift in our circumstances, and we had to learn how to live in strange, and fearful circumstances. It was a time where you couldn’t predict the future, where a new danger could be just over the next hill, where the very air itself could kill you if you shared it with another outside of your immediate circumstances.
It was hard to live, it was hard to pray, it was hard to do anything. It hit me and my family very hard, and I know it hit others as well. It’s so frustrating when, each day, you don’t know where you will be at the end of the day; where, even if you take one step forward, some unknown force can push you back. All you can do is keep your head down and put one foot in front of the other, trusting that God will lead you through.
This is what the people of Israel had to do when they were led out of Egypt into the desert, they had nothing but their trust in God to lead them through.
But God has led us through, he never left us, he didn’t forsake us. He was with us every step of the way.
I believe that we have come to the end of the desert; green grass has begun to appear; there is a source of water and you see plants growing and animals nearby, there are signs of life. That’s what I’m seeing in our churches, signs of life, signs of hope and confidence, signs of a future.
We are out of the desert, a bit battered but not broken, weary but unbowed, ready to take tentative steps into the new land we’re in. And the more we walk, the more we will gain in strength and confidence; the more we will see than just a few feet in front of us. And excited about the amazing vistas of possibility that God has in store for us.
Our services are well attended. The confidence of the people is growing, and the joy is returning. Bible studies are happening week in and week out. Our More Than Sunday work as a mission community has been a success and we have begun to embed its principles into our congregations.
We are beginning to see a new, and hopeful way forward. Led by God’s Spirit, filled with hope, and with the knowledge that God is indeed not finished with his church. I would like to thank you all, those at Saint Mary’s and Saint Andrew’s, and those at Saint Mark’s for your love, for your care and for your dedication to your communities. Be assured of both my own and vicar Karen’s prayers as we continue together to do God’s work in our contexts and churches.
Financial Review
Income for the year totalled £220,522 (2021 £147,533) and expenditure £205,567 (2021 £173,509) giving an excess income in the current year of £14,955 compared with a loss of £25,976 for 2021. The healthy change in finances has obviously been brought about by life returning to some normality after the pandemic. There has been greater activity within the Parish from outside events and the Parish has also benefited from legacies and grants. However costs continue to rise, particularly utility and maintenance of properties and it is a struggle to pay the Parish Share with a shortfall of £20,501 this year compared to a shortfall of £16,499 in the previous year. Whilst the Parish is financially strong, as shown by the Balance Sheet, it must continue to increase its income to meet ever rising costs and the effects of inflation.
Reserves Policy
Over many years the Parish has accumulated its Unrestricted General Fund from bequests of property and general income. The church of St Mark itself is a Grade 1 listed building and is now over 175 years old. The Parish has been made aware that extensive repair work is needed to St Mark Church and that this will require substantial financing totaling an estimated £500,000.. Accordingly the PCC considers it prudent policy to maintain general funds at current levels to guard against the loss in value of its investment, the fabric of the Church and its surroundings and related high maintenance costs.
Structures, Governance and Management
PCC Members who served during the year 2022:-
| Team Rector | Revd Adam Whittle |
|---|---|
| Team Vicar | Revd Karen Hopwood-Owen |
| Reader | Sheila Radford |
| Parish Warden | Kath Tongue |
| District Church Warden | Peter Lumb (St Mary) |
| Irene Butler (St Andrew) |
| Deanery Synod Member | Lesley Hopwood-Ryan |
|---|---|
| Helen Wyles | |
| Elected – St Marks’s | Greta Barwise |
| Paul Speakman | |
| Christine Ellis | |
| Francesca Orford | |
| Barbara Lyon | |
| Elizabeth Pollitt | |
| Jill Rawson | |
| Elected – St Mary’s | Anne Maye |
| Carol Sansome | |
| Paul Heathcote | |
| Jade Philips |
Appointment of PCC members is set out in the Church Representation Rules. The Council comprises the Team Rector, Team Vicar, Churchwardens, those elected to the Deanery Synod and members elected at the Annual Parochial Church Meeting. The PCC is a registered charity.
The PCC members are responsible for decision making on all matters of general concern and importance to the Parish including its finances. The PCC meets four to five times a year. Given its wide responsibilities the PCC has a number of subcommittees each dealing with a particular aspect of parish life. These include Worship, Safeguarding of children and young people, Buildings and Finance, Church missionary work and Communications.
Adam Whittle Team Rector.
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY
2
BALANCE SHEET
| Notes | 31 December 2022 | 31 December 2022 | 31 December 2021 | 31 December 2021 | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Fixed Assets | |||||
| Tangible fixed Assets | 5a | 32,379 | 33,583 | ||
| Investment assets | 5b | 350,815 | 355,397 | ||
| __ | __ | ||||
| 383,194 | 388,980 | ||||
| Current Assets | |||||
| Debtors | 6 | 7,476 | 17,745 | ||
| Bank and Cash | 276,993 | 244,776 | |||
| __ | __ | ||||
| 284,469 | 262,521 | ||||
| Current Liabilities: amounts falling | |||||
| due within one year | 7 | 14,271 | 8,482 | ||
| __ | __ | ||||
| Net Current Assets | 270,198 | 254,039 | |||
| __ | __ | ||||
| Total Net Assets | 653,392 | 643,019 | |||
| __ | __ | ||||
| Funds | 8 & 9 | ||||
| Unrestricted | 549,997 | 546,846 | |||
| Restricted | 60,296 | 48,142 | |||
| Endowment | 43,099 | 48,031 | |||
| __ | __ | ||||
| 653,392 | 643,019 | ||||
| __ | __ |
Approved by the Parochial Church Council of St Mark Worsley on and signed on its behalf by
Rev Adam Whittle ……………………………………..... Rector
Mrs K Tonge ..............................…………………………. Church Warden
Mrs E Pollitt ...........………………………………………. PCC Secretary
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY 3
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2022
| Note | Unrestricted | Restricted | Endowment | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| funds | funds | funds | Total | Total | ||
| £ | £ | £ | £ | £ | ||
| Incoming Resources | ||||||
| Incoming resources from | ||||||
| donors | 2a | 113,869 | 17,100 | - | 130,969 | 89,635 |
| Other voluntary incoming | ||||||
| resources | 2b | 16,730 | - | - | 16,730 | 10,323 |
| Income from charitable | ||||||
| and ancillary trading | 2c | 51,883 | 277 | - | 52,160 | 40,363 |
| Income from investments | 2d | 20,663 | - | - | 20,663 | 7,212 |
| __ | _ | _ | _ | _ | ||
| Total Incoming | ||||||
| Resources | 203,145 | 17,377 | - | 220,522 | 147,533 | |
| __ | _ | _ | _ | _ | ||
| Resources Expended | ||||||
| Activities directly relating | ||||||
| to the work of the church | 3a | 190,460 | - | - | 190,460 | 161,306 |
| Church management and | ||||||
| administration | 3b | 9,558 | 4,900 | - | 14,458 | 9,396 |
| Other expenditure | 3c | 326 | 323 | - | 649 | 2,807 |
| __ | __ | _ | _ | _ | ||
| Total Resources | ||||||
| Expended | 200,344 | 5,223 | - | 205,567 | 173,509 | |
| __ | __ | _ | _ | _ | ||
| Net Incoming/ | ||||||
| (Expenditure) & | ||||||
| Resources | 2,801 | 12,154 | - | 14,955 | (25,976) | |
| (Loss)/Gain on | ||||||
| investments | ||||||
| -unrealized | 350 | - | (4,932) | (4,582) | 5,330 | |
| __ | __ | __ | _ | _ | ||
| Net Movement of Funds | 3,151 | 12,154 | (4,932) | 10,373 | (20,646) | |
| Balances c/fwd at | ||||||
| 1 January 2022 | 546,846 | 48,142 | 48,031 | 643,019 | 663,665 | |
| __ | __ | __ | _ | _ | ||
| Balances b/fwd at | ||||||
| 31 December 2022 | 549,997 | 60,296 | 43,099 | 653,392 | 643,019 | |
| __ | __ | __ | _ | _ |
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY 4
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
1. Accounting Policies
The financial statements have been prepared in accordance with the Charities Act 2011 and the Church Accounting Regulations 2006 together with applicable accounting standards and the Charities SORP 2005.
The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value as appropriate. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the financial statements of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members.
Funds
General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.
Restricted funds are those funds that must be spent on restricted purposes. Details of the funds held and their restrictions are provided in note 9. Endowment funds where the capital must be retained are also explained in note 9.
Incoming Resources
Voluntary Income and capital sources
Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under covenant is recognised only when received. The income from deposited covenants is spread over the duration of the deed of covenant. Income tax recoverable on covenants or gift aid donations is accounted for when the income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement of the amount due, is quantifiable and its ultimate receipt by the PCC is reasonably certain. Funds raised by fairs, garden parties and similar events are accounted for when received. Sales of books and magazines from the church bookstall are accounted for when received.
Income from Investments
Dividends and Interest are accounted for when receivable. Rental income from the letting of church premises is recognised when the rental is due.
Gains and losses on investments
Realised gains and losses are recognised when Investments are sold. Unrealised gains or losses are accounted for on the revaluation of financial investments at the year end.
Resources Expended
Grants
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PPC
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY 5
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
1. Accounting Policies (continued)
Activities directly relating to the work of the Church
The parish share is accounted for when due. Any parish share unpaid at 31 December should be provided for in these financial statements as an operational (though not a legal) liability and shown as a creditor in the balance sheet but see note 10.
Fixed assets
Consecrated land and buildings and movable church furnishings
Consecrated and benefice property is excluded from the financial statements in accordance with section 10(2)(a) and (c) of the Charities Act 2011.
No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure
Other property
St Marks Parish Hall Stated at cost less accumulated depreciation - provided so as to write off the cost completely in equal instalments over 15 years. School House Valued at the mid-point of the Local Authority Council Tax Band plus subsequent additions at cost. 171 Greenleach Lane Stated at cost
Other fixtures, fittings and office equipment
Equipment used within the church premises is depreciated on a straight line basis over 10 years. Individual items of equipment with a purchase price of £200 or less are written off when the asset is acquired.
Investments
Financial Investments are valued at their market value at 31 December each year.
Current assets
Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove irrecoverable.
Bank and Cash represent money on deposit either with CBF Church of England Funds or at the bank.
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY 6
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
2. Incoming Resources
| Unrestricted | Restricted | 2020 | 2021 | |
|---|---|---|---|---|
| funds | funds | Total | Total | |
| £ | £ | £ | £ | |
| 2a. Incoming resources from donors | ||||
| Planned giving: | ||||
| Gift Aid | 48,535 | - | 48,535 | 50,674 |
| Income tax recoverable | 15,382 | - | 15,382 | 15,663 |
| Other collections at all services | 10,759 | - | 10,759 | 4,114 |
| Donations and Grants | 19,193 | 17,100 | 36,293 | 18,100 |
| Legacies | 20,000 | 20,000 | 1,084 | |
| __ | _ | __ | __ | |
| 113,869 | 17,100 | 130,969 | 89,635 | |
| __ | _ | __ | __ | |
| 2b Other voluntary Incoming resources | ||||
| Donations appeals etc: | ||||
| Floodlight sponsorship | 855 | - | 855 | 532 |
| Fetes, bazaars, other fund raising events | 15,875 | - | 15,875 | 9,791 |
| __ | _ | __ | __ | |
| 16,730 | - | 16,730 | 10,323 | |
| __ | _ | __ | __ | |
| 2c Income from charitable and ancillary | ||||
| trading | ||||
| Magazine sales and advertising revenue | 3,029 | - | 3,029 | 2,459 |
| Wedding fees | 11,450 | - | 11,450 | 3,342 |
| Baptisms | 510 | - | 510 | 663 |
| Flowers | 90 | 277 | 367 | 120 |
| St Marks Church Hall | 13,543 | - | 13,543 | 9,724 |
| Funerals | 20,935 | - | 20,935 | 23,719 |
| War Memorial Grant | 336 | - | 336 | 336 |
| Energy Grant | 1,990 | - | 1,990 | - |
| __ | _ | __ | __ | |
| 51,883 | 277 | 52,160 | 40,363 | |
| __ | _ | __ | __ | |
| 2d Income from investments | ||||
| Interest | 3,999 | - | 3,999 | 1,192 |
| Rental income | 16,664 | - | 16,664 | 6,020 |
| __ | __ | __ | __ | |
| 20,663 | - | 20,663 | 7,212 | |
| __ | __ | __ | __ | |
| Total Incoming Resources | 203,145 | 17,377 | 220,522 | 147,533 |
| __ | _ | __ | _ |
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY 7
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
- Resources Expended
| Unrestricted | Restricted | 2022 | 2021 | ||
|---|---|---|---|---|---|
| funds | funds | Total | Total | ||
| £ | £ | £ | £ | ||
| 3a | Directly relating to the work of the Church | ||||
| Ministry : Parish Share | 86,812 | - | 86,812 | 85,512 | |
| Clergy expenses | 5,638 | - | 5,638 | 669 | |
| Church – running expenses | |||||
| Insurance | 10,447 | - | 10,447 | 11,077 | |
| Utilities | 17,958 | - | 17,958 | 11,431 | |
| Church maintenance | 14,798 | - | 14,798 | 9,599 | |
| Upkeep of altar services | 2,932 | - | 2,932 | 4,248 | |
| Upkeep of churchyard | 5,284 | - | 5,284 | 6,425 | |
| Magazine Printing Costs inc Crux | 1,885 | - | 1,885 | - | |
| Wages and Fees | 22,196 | - | 22,196 | 21,698 | |
| Depreciation of Tangible Fixed Assets | 5,885 | - | 5,885 | 5,430 | |
| Miscellaneous | 3,896 | - | 3,896 | 1,459 | |
| Wedding & Funeral Fees | 12,729 | - | 12,729 | 3,758 | |
| __ | _ | __ | __ | ||
| 190,460 | - | 190,460 | 161,306 | ||
| __ | _ | __ | __ | ||
| 3b | Church management and administration | ||||
| Printing, stationery | 2,200 | 2,200 | 3,470 | ||
| Professional Charges | 6,780 | 4,900 | 11,680 | 5,412 | |
| Bank Charges | 578 | - | 578 | 514 | |
| __ | _ | __ | __ | ||
| 9,558 | 4,900 | 14,458 | 9,396 | ||
| __ | _ | __ | __ | ||
| 3c | Other expenditure | ||||
| Flower guild | 326 | 323 | 649 | 208 | |
| Organ Maintenance | - | - | - | 298 | |
| English Heritage Church Repairs net of grants | - | - | - | 2,301 | |
| __ | _ | __ | __ | ||
| 326 | 323 | 649 | 2,807 | ||
| __ | _ | __ | __ | ||
| Total Resources Expended | 200,344 | 5,223 | 205,567 | 173,509 | |
| _ | _ | __ | __ |
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY 8
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
4. Staff Costs
| 4. | Staff Costs | ||
|---|---|---|---|
| 2022 | 2021 | ||
| £ | £ | ||
| Salaries (No. of staff – 1. 2021 – 1.) | 18,114 | 17,534 | |
| _ | _ | ||
| No remuneration is paid to any members of the PCC. | |||
| Expenses are paid to the clergy to reimburse them for | |||
| parish expenses incurred. | |||
| 5a. | Tangible fixed assets |
| angible fixed assets | |||
|---|---|---|---|
| Equipment | Parish Hall | Total | |
| £ | £ | £ | |
| Cost | |||
| At 1 January 2022 | 60,138 | 77,326 | 137,464 |
| Additions | 4,681 | - | 4,681 |
| __ | __ | __ | |
| At 31 December 2022 | 64,819 | 77,326 | 142,145 |
| __ | __ | __ | |
| Depreciation | |||
| At 1 January 2022 | 26,556 | 77,325 | 103,881 |
| Charge for the year | 5,885 | - | 5,885 |
| _ | _ | _ | |
| At 31 December 2022 | 32,441 | 77,325 | 109,766 |
| _ | _ | _ | |
| Net Book Values | |||
| At 31 December 2022 | 32,378 | 1 | 32,379 |
| At 31 December 2021 | 33,582 | 1 | 33,583 |
| _ | _ | _ | |
| nvestment assets | |||
| 2022 | 2021 | ||
| £ | £ | ||
| Financial Securities at Market Value | |||
| 366 shares – CBF Fixed Interest Securities | 500 | 579 | |
| 1,820 shares – CBF Investment Fund | 37,580 | 42,569 | |
| Short term deposits | 44,382 | 43,896 | |
| _ | _ | ||
| 82,462 | 87,044 | ||
| _ | _ |
5b. Investment assets
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY 9
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
5b. Investment assets (continued)
| nvestment assets (continued) | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Investment Property at Cost | ||
| School House | 85,245 | 85,245 |
| 171 Greenleach Lane | 183,108 | 183,108 |
| __ | __ | |
| 268,353 | 268,353 | |
| __ | __ | |
| Total Investment Assets | 350,815 | 355,397 |
| __ | __ |
The PCC are of the opinion that the total market value of the investment property is £575,000.
6. Debtors
| 6. | Debtors | ||
|---|---|---|---|
| 2022 | 2021 | ||
| £ | £ | ||
| Prepayments and other debtors | 3,822 | 13,801 | |
| Income tax recoverable on Gift Aid | 3,654 | 3,944 | |
| _ | _ | ||
| 7,476 | 17,745 | ||
| _ | _ | ||
| 7. | Liabilities: Amounts falling due within one year | ||
| 2022 | 2021 | ||
| £ | £ | ||
| Creditors for goods and services | 14,271 | 8,482 | |
| _ | _ | ||
| 8. | Analysis of Net Assets by Fund |
| nalysis of Net Assets by Fund | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | ||
| funds | funds | Funds | Total | |
| £ | £ | £ | £ | |
| Fixed Assets | 340,095 | - | 43,099 | 383,194 |
| Current Assets | 224,173 | 60,296 | - | 284,469 |
| Current Liabilities | (14,271) | - | - | (14,271) |
| _ | _ | _ | _ | |
| Fund Balance | 549,997 | 60,296 | 43,099 | 653,392 |
| _ | _ | _ | _ |
PAROCHIAL CHURCH COUNCIL OF ST MARK WORSLEY 10
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
9. Fund Details
| 9.Fund Details | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | |||
| funds | funds | funds | Total | ||
| £ | £ | £ | £ | ||
| St Mark Worsley | 495,779 | 37,382 | 43,099 | 576,260 | |
| St Marys Ellenbrook with St Andrews | |||||
| Boothstown | 52,400 | 22,914 | - | 75,314 | |
| Magazine Account | 861 | - | - | 861 | |
| St Mark’s Flower Guild | 957 | - | - | 957 | |
| _ | _ | _ | _ | ||
| 549,997 | 60,296 | 43,099 | 653,392 | ||
| _ | _ | _ | _ | ||
| Analysis of Restricted and Endowment Funds | |||||
| St Mark | |||||
| Meadowcroft Legacy – the capital is a bequest invested | to | ||||
| produce Income for maintenance of the church fabric | 5,431 | ||||
| Williams Legacy – the capital is permanent endowment | whilst | ||||
| the application of income is unrestricted | 34,937 | ||||
| A number of small bequests which stipulate that capital | is | ||||
| permanent and income be applied to churchyard upkeep | 2,731 | ||||
| Bromley Legacy – re Family grave | 5,000 | ||||
| Organ Fund | 24,837 | ||||
| Bellringers fund for the refurbishment of the bells | 4,229 | ||||
| Restoration fund, re Ellesmere Chapel | 3,316 | ||||
| _ | _ | ||||
| 37,382 | 43,099 | ||||
| _ | _ | ||||
| St Marys | |||||
| Flower Guild | 1,164 | ||||
| Building Fund | 9,550 | ||||
| Heating Fund | 10,200 | ||||
| Kitchen Fund | 2,000 | ||||
| _ | |||||
| 22,914 | |||||
| _ |
10. Parish Share
For the current financial year the unpaid Parish Share for the parish amounted to £20,501 (2021 £16,488) This is not included in these financial statements, as required by the accounting policy, because it has been written off by the Diocese.
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PAROCHIAL CHURCH OF ST MARK WORSLEY
I report to the charity trustees on my examination of the accounts of the Parochial Church Council of St Mark Worsley (the Church Council) for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity trustees of the Church Council you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Church Council’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Church Council as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
A J Syddall M.A. A.C.A P B Syddall & Co Chartered Accountants Grafton House 81 Chorley Old Road Bolton Lancashire BL1 3AJ
30th October 2023