2023-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Pauls, Weston Super Mare

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Reference and Administrative Details	Reference and Administrative Details	Reference and Administrative Details	1 to 2
Trustees' Report			3to 9
Independent Examiner's		Report	10
Statement of Financial		Activities
Balance Sheet			12
Notes to the Finandal	Statements		13to 31

==> picture [72 x 19] intentionally omitted <==

		Unrestricted	Restricted	Endowment	Total	Total
		funds	funds	funds	2023	2022
Note		E	E	E	E	8
Income and Endowments	from:
Donations and legacies	2	294,302	19,596		313,898	451,307
Charitable activities	3	17,974			17,974	16,239
Other trading activities	4	19,284			19,284	18,894
Investment income	5	8,871			8,871	1,182
Other income	6	1 160			1 160
Total income		341 591	19596		361 187	487622
Expenditure on:
Raising funds	7	(3,355)			(3,355)	(8,089)
Charitable activities	8	(411,554)	(16,897)		(428,451)	(353,663)
Other expenditure	9					49
Total expenditure		(414,909)	(16,897)		(431,806)	(361,801)
Gains/losses on
investment assets	10			5212	5,212	2 325
Net
(expenditure)/income		(73,318)	2,699	5,212	(65,407)	123,496
Abandonment offixed
assets	28					304453
Net movement in funds		(73,318)	2,699	5,212	(65,407)	(180,957)
Reconciliation offunds
Total funds brought
forward		625 894	22,840	122,481	771 215	952,172
Total funds canted
forward	20	552 576	25539	127693	705,808	771 215

g Balance S	heet	as	at 31 December 2023
					2023	2022
				Note	6	K
Fixed assets
Tangible assets				15	327,810	365,747
Investments				16	127694	122482
					455504	488 229
Current assets
Debtors				17	14,900	12,260
Cash at bank	and	in hand		18	254 260	275 896
					269,160	288,156
Creditors: Amounts			falling due within one year	19	18,856	5,170
Net current	assets				250 304	282 986
Net assets					705,808	771,215
Funds ofthe charity:
Endowment	funds				127,693	122,481
Restricted Income funds
Restricted funds					25,539
Unresbtcted	Income		funds
Unrestricted	funds				552 576	625894
Total funds				20	705,808	771,215

2 Incom	e	from donatio	ns and legacies
				Unrestricted
				funds	Restricted	Total
				General	fundsf	2023 6
Donations		and legacies
Donations				221,851	10,326	232,177
Income tax		recovered		47,277	2,220	49,497
Christian	Aid Foundation		and Stewardship	7,724		7,724
Grants
Grants				17,450	7,050	24,500
				294302	19596	313,898
						(restated)
				Unrestricted
				funds	Restricted	Total
				General	funds	2022
				E	6	6
Donations		and legacies
Donations				241,227	7,251	248,478
Income tax		recovered		52,716		52,716
Christian	Aid Foundation		and Stewardship	5,516		5,516
Legacies				123,640		123,640
Grants
Grants				18,182	2775	20 957
				441 281	10,026	451 307

					Unrestricted
					funds		Total
					General		2023
						E	E
Fees, weddings	and funerals				7,523		7,523
Income from charitable		events			10	451	10,451
					17	974	17974
			Unrestricted
			funds		Restricted		Total
			General		funds		2022
				E		E	E
Fees, weddings	and funerals		4,361				4,361
Income from charitable		events	9,770		2	108	11878
			14	131	2	108	16239

4 I	ncome from other trading activities
		Unrestricted
		funds		Total
		General		2023
			E
Hall	Lettings	19	284	19284
		19	284	19,284
		Unrestricted
		funds		Total
		General		2022
			E	E
Hall	Lettings	18,894		18894
		18,894		18894

Bank	interest	received
Bank	interest	received

	Unrestricted
	funds		Total
	General		2023
		K	6
	8	871	8,871
	8	871	8871
Unrestricted
funds	Restricted		Total
General	funds		2022
		6	6
719		463	1,182
719		463	1 182

==> picture [146 x 111] intentionally omitted <==

Fees, weddings and funerals
Operations expenditure

Unrestricted
funds	Total
General	2023
	6
2,389	2,389
966	966
3,355	3,355

									Unrestricted
									funds	Restricted	Total
									General	funds	2022
											E
Fees, weddings					and funerals				3,937		3,937
Operations			expenditure						3,829	323	4 152
									7766	323	8089
8 Expenditure					on charitable			activities
									Unrestricted
									funds	Restricted	Total
									General	funds	2023
									E	E	6
Main activities									409,474	16,897	426,371
Governance				costs					2,080		2080
									411 554	16897	428 451
									Unrestricted
									funds	Restricted	Total
									General	funds	2022
									6	E	6
Main activities									337,133	15,043	352,176
Governance				costs					1 487		1,487
									338,620	15043	353663
									Unrestricted
		Expenditure				on	main	activities	funds	Restricted	Total
									General	funds	2023
									E	E
Salaries									133,288		133,288
Light and		heat							24,971	775	25,746
Repairs	and			maintenance					32,165	8,480	40,645
Mission	Partner				Support				17,097		17,097
Church	General				Expenditure				37,819	7,642	45,461
Depreciation									40,153		40,153
Parish Share -					Common		Fund		107,353		107,353
Insurance									4,156		4,156
Telephone									1,801		1,801
Training		and		advertising			costs		10671		10,671
									409,474	16897	426,371

			Unrestricted
Expenditure	on	main activities	funds	Restricted	Total
			General E	fundsf	2022
Salaries			111,266	311	111,577
Light and heat			24,005	1,500	25,505
Repairs and maintenance			17,399	4,747	22,146
Mission Partner Support			20,602	6,850	27,452
Church General Expenditure			24,496	1,635	26,131
Depreciation			17,423		17,423
Parish Share - Common		Fund	104,567		104,567
Insurance			4,216		4,216
Telephone			1,939		1,939
Training and advertising		costs	11220		11,220
			337 133	15043	352 176

==> picture [435 x 265] intentionally omitted <==

11	Net incoming/outgoing	resources
Net	outgoing resources for	the year include:

Net outgoing	resourc	es for the year include:
			2023	2022
Depreciation	offixed	assets	40 153	17,423

		2023	2022
Staff costs during	the year were:
Wages and salaries		131,278	108,481
Social security costs		437	1,406
Pension costs		1,573	1,690
		133288	111,577

14 Independent	14 Independent	examiner's	examiner's	remuneration
					2023	2022
Independent	examination		of	the financial statements	1 250	1 200

15Tangible fixed assets
	Property	Plant and
	Improvements	machinery	Total
	E		6
Cost
At 1 January 2023	319,242	240,270	559,512
Additions		2216	2 216
At 31 December 2023	319,242	242 486	561 728
Depreciation
At 1 January 2023	2,859	190,906	193,765
Charge for the year	22 158	17,995	40,153
At 31 December 2023	25 017	208 901	233918
Net book value
At 31 December 2023	294225	33585	327,810
At 31 December 2022	316,383	49,364	365,747

Other investments
	Other
	investments
Cost orValuation
At 1 January 2023	122,482
Fair value movement	5,212
At 31 December 2023	127,694
Net book value
At 31 December 2023	122664
At 31 December 2022	122462

17Debtors
		2023	2022
		6	6
Trade debtors		9,196	7,346
Prepayments		1,360	1,058
Other debtors		4 344	3856
		14900	12,260
18Cash and cash equivalents
		2023	2022
Cash at bank		254,260	275 896
19Creditors: amounts	falling due within one year
		2023	2022
		F
Trade creditors		3,441	5,170
Other creditors		15415
		18856	5 170

						Other	Balance at
		Balance at				recognised	31
		1 January	Incoming	Resources		gains/	December
		2023 6	resources f	expended 6	Transfers 6	(losses) 6	2023 6
Unrestricted	funds
General
Unrestricted	funds	624 999	341,591	(374,258)	(417,566)		174,766
Designated
Designated	- Inspire
Foyle				(250)	(397)
Designated	- Martin
Lewis grant				(248)
Designated	- Fixed
Asset Fund				(40,153)	367,963		327,810
Designated	- Fabric
Fund					50000		50000
		895		40650	417,566		377,810
Total unrestricted
funds		625 894	341 591	414909			552576
Restricted funds
Restricted -	Quay	10,575	19	(5,009)			5,585
Restricted-
V48/Inspire		797		(561)
Restricted -	Church
Plants		7,540					7,540
Restricted -	Inspire
Quartet		729		(729)
Restricted-
Allchurches		471		(471)
Restricted -	King's
Table		1,953	4,647	(2,680)			3,920
Restricted -	Energy
grant		775		(775)
Restricted -	CF		3,000	(3,000)
Restricted -	Little
Kings			2,305	(2,305)
Restricted -	Vicar's
Discretionary	Fund		9625	1 367			8258
		22,840	19596	16,897			25,539

						Other	Balance at
		Balance at				recognised	31
		1 January	Incoming	Resources		gains/	December
		2023	resources	expended	Transfers	(losses)	2023
		6	8	6	6	6	6
Endowmentfunds
Expendable
Endowment		122481				5,212	127693
		122481				5212	127693
Total funds		771 215	361,187	431 806		5212	705808
						Other	Balance at
		Balance at 1 January	Incoming	Resources		recognised gains/	31 December
		2022	resources	expended	Transfers	(losses)	2022
		6	E		8	E	6
Unrestricted	funds
General
Unrestricted	funds	679,883	475,025	(649,512)	119,603		624,999
Designated
Designated	- Inspire
Foyle		1,019			(372)
Designated	—Quay	115,751			(115,751)
Designated	—DHD	1,809		(1,376)	(433)
Designated	- Martin
Lewis grant		248					248
		118827		1 376	116556		895
Total unrestricted
funds		798710	475 025	650 888	3047		625,894
Restricted	funds
Restricted —Quay		11,696	980	(2,101)			10,575
Restricted-
V4S/Inspire		1,000		(203)			797
Restricted -	Church
Plants		8,910			(1,370)		7,540
Restricted -	Inspire
Quartet		1,806		(1,077)			729
Restrlcted-
Allchurches		5,244		(3,312)	(1,461)		471
Restricted -	Agency
donation collections			6,850	(6,850)
Restricted -	King's
Table			2,492	(323)	(216)		1,953

						Other	Balance at
		Balance at 1 January 2022	Incoming resources	Resources expended	Transfers	recognised gains/ (losses)	31 December 2022
		E	E	E	E	E	E
Restricted -	Energy
grant			2,275	1 500			775
		28656	12597	15,366	3,047
Endowment	funds
Expendable
Endowment		124,806				2,325	122481
		124,806				2,325	122,481
Total funds		952,172	487 622	666254		2,325	771 215

		Unrestricted		Endowment	Total funds at
		funds	Restricted	funds	31 December
		General	funds	Expendable	2023
		E	E	E	E
Tangible	fixed assets	327,810			327,810
Fixed asset investments		1		127,693	127,694
Current	assets	228,621	40,539		269,160
Current	liabilities	3856	15,000		18856
Total net assets		552 576	25539	127,693	705,808
		Unrestricted		Endowment	Total funds at
		funds	Restricted	funds	31 December
		General	funds	Expendable	2022
		E		E	E
Tangible	fixed assets	365,747			365,747
Fixed asset investments		1		122,481	122,482
Current	assets	265,316	22,840		288,156
Current	liabilities	5 170			5,170
Total net assets		625 894		122481	771 215

			Value at	Value at
			31 Dec 2023	31 Dec 2022
M&G Charibond		(270 units)	11,156	10,411
M&G Charibond		(294 untls)	12,148	11,337
M&G Charifund	(348 untis)		104,389	100,733
			127,693	122,481
28Abandonment		offixed assets
			2023	2022
			E	F
Abandonment	of	fixed assets - write off		304,453