2023-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Bicester With Caversfield

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Registered Charity 1132842

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF

ST EDBURG’S BICESTER WITH ST LAURENCE’S CAVERSFIELD

FOR THE YEAR ENDED 31 DECEMBER 2023

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PCC of Bicester with Caversfield

Reg No 1132842

	Page
Annual Report of the Trustees	1- 6
Independent Examiners Certificate	7
Statement of Financial Activities	8
Balance Sheet	9
Notes to the Financial Statements	10-15

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ST EDBURG’S BICESTER WITH ST LAURENCE’S CAVERSFIELD

ANNUAL REPORT 2023

Aims and Purpose

St Edburg’s Church Bicester, together with St. Laurence’s Church Caversfield, has the responsibility of co-operating within the Bicester Team Ministry under the leadership of the Team Rector in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

Objectives and Activities

We seek to be a welcoming and caring family, living in Christ’s love through worship and service to one another and the wider community (Mission Statement)

The PCC is committed to enabling as many people as possible to worship in our churches and to become part of our parish community. The PCC maintains an overview of worship throughout the parish, under the leadership of the Team Rector. Our services and worship put faith into practice through prayer, sacrament, scripture and music.

When planning our activities for the year, we have considered the Commission’s guidance on public benefit and in particular the supplementary guidance on charities for the advancement of religion. We aim to enable people to live out their faith as part of our church community through:

Worship and prayer; learning about the Gospel; developing their knowledge of and trust in Jesus Christ
Maintaining and reordering the church buildings as a venue for church and community.
Mission and outreach work
Provision of pastoral care for people living in the parish

Achievements and Performance

Worship and Prayer

The PCC endeavoured to offer a range of services during the week and over the course of the year which met the needs of the community and were spiritually fulfilling.

One Sunday service of Holy Communion continued to be offered each week in a variety of styles throughout 2023, in church and livestreamed. Additionally, an All Age non-eucharistic service was held once a month, plus a Messy Church once a month in the St Edburg’s School building and grounds. A midweek Eucharist was held every Wednesday, joined by staff and pupils of St Edburg’s School during term-time. Occasional evening and other services took place in church to celebrate significant points in the church year.

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“St Laurence’s is a place of Worship, Wildlife and Welcome”

The chapel-of-ease, St Laurence’s Caversfield , continued to hold services twice per month and at festivals in the church and outside. As the church had no internet connectivity it was not possible to continue to live stream. The District Church Council continued to work hard on making services welcoming to all, encouraging the return of former congregation members and newcomers.

As the Parish of Bicester with Caversfield, we enabled our community to celebrate and thank God at the milestones of their lives. Through baptism we thanked God for the gift of life; in marriage public vows were exchanged with God’s blessing; and funeral services enabled family and friends to express their grief, give thanks for the life which is now complete in this world and to commend the deceased into God’s keeping.

At St Edburg’s, we celebrated baptism with 60 people and 9 couples were married. We held 39 funerals (19 in church, 14 at crematorium only, 5 committal or strewing of ashes only). In addition, there was 1 baptism and 1 committal of ashes at St Laurence’s.

A home group, two Bible studies and other church and social meetings flourished during the year.

The Parish Electoral Roll numbered 154 at the APCM.

Deanery Synod

Three members of the PCC sat on Deanery Synod; one member was also the Deanery Lay Chair and another was Deanery Treasurer; another member, together with our Rector, sat on Diocesan Synod. This provided the PCC with a link between the parish and the wider structure of the Church of England.

Pastoral Care

Provision of home communion to the sick and housebound, including care homes and sheltered housing in Bicester, continued as an ecumenical venture within the town.

At St Edburg’s, the Baptism team continued to offer preparation mornings, kept in touch with families before the baptism by telephone and email, and then assisted at the individual services. Families were encouraged to try family-oriented services, such as All Age or Messy Church. Th e families were also invited to a “Big Family Tea Party” one summer afternoon for the second year running and this has proved to be a very popular event.

Mission and Outreach

As a rapidly growing town, Bicester presents both challenges and opportunities. The expanding new development on the town’s south side, Kingsmere, will have 2400 homes when completed; it lies within our parish and, although it has some community facilities and our church school, there is no church building. A service of Messy Church continued to be offered once a month in the school by the Family Ministry Team, and a “Stay & Play” parent and toddler group in the Kingsmere Community Centre met every Friday morning during term-time.

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The Parish welcomed groups coming into the church for worship, as well as a variety of special events. Good links with civic and military organisations were strengthened through hosting a series of special civic services in St Edburg’s: beginning with a Coronation Special Commemoration Service on the 7 May; A Service to Remember the Pioneer Regiment Veterans on 23 June; a Battle of Britain commemoration on 10 September; a Civic Service with Parade on 24 September; a Service of Remembrance with Parade on 12 November.

The 12[th] Christmas Tree Festival was held at the beginning of December. A programme of live music was offered, and refreshments served. Nearly 4000 people visited over three days.

At St Laurence Caversfield, the nearby Eco town is growing rapidly; funds are being sought to carry out major building work on the church to make it an asset in the development of the new community. The church is home to the largest war grave cemetery in North Oxfordshire. Links have been built with the Royal British Legion and one of the local schools, with pupils usually attending an outdoor Act of Remembrance on 11 November, along with members of Bicester Town Council, Caversfield Parish Council, Bicester Heritage and Bicester Garrison.

St Edburg’s Church was opened two morning a week, stewarded by volunteers, and St Laurence’s was opened on Sunday afternoons.

It has always been important for the parish to support those in need, both at home and abroad, with the PCC allocating a proportion of its annual budget to local, national and international charities. Through the year, special collections are usually arranged for other charities. At all times we offered prayers for the world and for those caught up in conflict and other tragic situations.

Ecumenical Relationships

‘Churches in Bicester’ is a strong organisation, and the ministers of the major denominations continued to hold weekly meetings for mutual support, discussion and prayer, sometimes including breakfast at a ministers’ home. The churches’ working relationship has been demonstrated through various initiatives such as the Bicester Foodbank, the Refugees’ Group, the Street Pastors and the Good Friday Walk of Witness.

Church Buildings and Maintenance

St Edburg’s Church building continued in generally good order, with much ongoing maintenance undertaken by skilled volunteers. The Quinquennial Inspection was conducted in July 2023 by the church architect. Although St Laurence’s Church was added to the At-Risk register in 2018, much work and planning took place in 2023 to both preserve and enhance this beautiful building and churchyard.

St Edburg’s Church Hall, next to the church, houses the Parish Office, a small meeting room, a large hall and storage. During 2023, some regular groups continued but overall use is still very low.

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Financial Review

The net surplus for the year on unrestricted funds was £20,552. The parish share of £55,578 was paid in full. Unrestricted income was £138,259, of which £68,543 was planned voluntary donations and £18,160 was Gift Aid tax rebates. Unrestricted expenditure was £117,707.

Reserves Policy

It is PCC policy to try to maintain a minimum balance on free reserves (net current assets) which equates to at least eight weeks’ unrestricted payments. This is equivalent to £18,108. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance in free reserves at the year-end was £68,003.

The designated fund for the Church Hall also aims to maintain a balance on free reserves (net current assets) which equates to at least two months’ unrestricted payments. This is equivalent to £3,194. The balance in free reserves at the year-end was £20,764.

The restricted fund for major works to the church aims to build up a fund for the major nave floor project, and to keep a balance on free reserves to cover the estimated cost of any work to which we have committed, less promised grants, plus £3,000 for emergencies. The balance in free reserves at the year-end was £14,611.

Related Party Transactions

During the year to 31[st] December 2023 member donations (unrestricted, without conditions) of £24,356 (2022: £19.651) were received.

Risk

The major risks that face the PCC are two-fold: the possibility of a shrinking church is addressed by vigorously pursuing our mission; and the need for major expenditure on the preservation of our listed buildings, which is addressed by sub-committees for each church.

Structure and Governance

The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The Parish is a Registered Charity and the PCC members are the trustees thereof. The appointment of PCC members is governed by and set out in the Church Representation Rules.

The PCC has a number of sub-committees which are all responsible to the PCC and report back regularly. Where appropriate, the PCC delegates a level of financial responsibility to individual committees. St Laurence’s has a DCC, which again reports back to each PCC meeting.

The PCC follows the ‘Diocese of Oxford Practice Guidance – Safer Recruitment when recruiting people to work or volunteer with children and vulnerable adults.

The PCC follows The Diocese of Oxford Safeguarding Training Requirements.

The PCC has a designated Safeguarding Officer.

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Administrative Information

The Parish of Bicester St Edburg’s with Caversfield St Laurence is registered with the Charity Commission, Reg No 1132842. The Church Office is situated at the Church Hall, Old Place Yard, Bicester, OX26 6AU. Bank accounts are held with Unity Trust Bank, PO Box 7193, Planetary Road, Willenhall WV1 9DG.

The Independent Examiner is Daniel Drury of APS Accountancy Ltd of 4 Cromwell Court, Aylesbury HP20 2PB.

The following served as PCC members in 2023:

Revd Peter Wright (Team Rector) Mrs Lindsey Anderson-Gear (Churchwarden) Mr Adrian Balshaw (Churchwarden & Vice Chair) Mrs Alison Birch (Diocesan and Deanery Synod) Mr Peter Bourton (Deputy Churchwarden, St Laurence Caversfield until APCM & thereafter an ordinary member) Mrs Rennie Buxton Dr Emma Carter (LLM) Mr James Chal (Treasurer until Dec 2023) Mrs Kelly Chal Mr Matthew Clements (Deanery Synod Treasurer, Church Treasurer from Dec 2023) Mr Colin Cockshaw (LLM) Ms Hannah Cormack Mr Ian Cribbes Ms Sarah-Jane Douglas Mr Laurie Ekins (Deanery Synod) Mr Kevin Haynes (Kingsmere representative) Mrs Faith Mclachlan (from APCM) Ms Tina Shaw (Deputy Churchwarden, St Laurence Caversfield, & Deanery Lay Chair) Mrs Christine Styles (Secretary until APCM) Mr Adrian Thomas Dr Christopher Young (LLM) Mrs Tina Woodgate (Secretary from APCM)

This report on pages 1-5 and 7-17 was prepared and adopted by the Parochial Church Council on 19 March 2024.

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This report on pages 1-5 and &15 was prepared and adopted by the Parochial Church Council on 19 March 2024. Revd Peter Wright, Team Rector and Chair of PCC Mrs Lindsey And8rson-Gear, Chur¢hwarden Mr Adrian Balshaw, Churchwarden

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to th• tru$tses1 members of ChBrily THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BICESTER WITH CAVERSFIELD On accounts for the year ended 31 DECEMBER 2023 Charity no (If any) 1132842 Set out on pages 1to15 I report to the tNstees on my examination of the a¢¢ounts of the above charity ('the Trust") for the year ended 3111212023. Responslbllities and basi3 of report As the charivs trustees. you are responsible for the preparation of the accounts in accordance with the requlrements of the Charities Act 2011 (Ihe A¢V'). I report in resped of my examination of the Trusys accounts carri8d out under section 145 of the 2011 Act and in caryng out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the A¢t. Independent I have completed my examination. I confimi that no material matters have examlnerfs ststement come to my attention in connection with the examinatlon which gives me ¢aus8 to believ8 that in, any mat8rial respect- the accounting records We not kept in accordan wSth section 130 of th8 Charit18s Act. or the accounts dld not accord with the accounting records., or the accounts did not comply the applicable r8quirements concamlng the fom and cont8nl of accounts set out in th8 Charities (Accounts and Reports) Regulations 2008 other than any requirement that Ihe accounts give a Irue and fairf view which is not a rnatter considered as part of an independent examination. I have no concerns and have come across no other matt8rs in conneclion with the examination to which attention should be drawn in this report in order to enable a proper understsndiThJ of the accounts to be reached. Slgned: Date: ILr Name: DANIEL DRURY Relevanl professional qualification($) or body (if any): FCCA Address: 4 CROMWELL COURT NEW STREET AYLESBURY HP20 2PB

BICESTER (WITH CAVERSFIELD) PAROCHIAL CHURCH COUNCIL

STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 December 2023

INCOMING RESOURCES
Note
Voluntary Giving
2(a)
Activities for generating funds
2(b)
Investments
2(c)
Church activities
2(d)
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Cost of generating funds
3(a)
Church Activities
3(b)
Church Expenses
3(c)
Major Capital Expenditure
3(d)
TOTAL RESOURCES EXPENDED
NET INCOMING/(OUTGOING) RESOURCES
FUND TRANSFERS
realized
unrealized
NET MOVEMENT IN FUNDS
BALANCES BROUGHT FORWARD
AT 1 JAN 2023 (2022)
BALANCES CARRIED FORWARD
AT 1 JAN 2024 (2023)
GAINS AND LOSSES ON
INVESTMENTS

2023
2022
2023
2022
2023
2022
2023
2022
2023
2022
£
£
£
£
£
£
£
£
£
£
103,723
96,533
0
52
1,150
8,701
0
10,152
104,873
115,439
16,952
14,791
0
0
0
0
0
0
16,952
14,791
7,402
8,018
573
232
210
42
2,431
2,065
10,616
10,357
10,183
12,311
6,376
5,480
7,863
382
0
0
24,421
18,173
138,259
131,653
6,949
5,764
9,223
9,125
2,431
12,217
156,863
158,760
4,982
3,178
0
0
0
2,346
0
0
4,982
5,524
79,182
79,619
1,586
0
1,767
1,518
0
0
82,535
81,137
33,543
22,813
7,266
5,275
6,396
2,035
857
1,604
48,063
31,727
0
0
0
0
0
0
0
0
0
117,707
105,610
8,852
5,275
8,163
5,899
857
1,604
135,580
118,387
20,552
26,044
-1,903
490
1,060
3,227
1,574
10,613
21,283
40,373
0
-6,887
0
287
0
5,172
0
0
0
-1,428
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,899
-8,883
6,899
-8,883
20,552
19,157
-1,904
777
1,060
8,399
8,474
1,730
28,182
30,063
47,451
28,294
34,281
33,504
22,436
14,037
92,170
90,439
196,337
166,274
68,003
47,451
32,377
34,281
23,496
22,436
100,643
92,170
224,519
196,337
TOTAL FUNDS
Unrestricted Funds
Designated Funds
Restricted Funds
Endowment Funds

BICESTER (WITH CAVERSFIELD) PAROCHIAL CHURCH COUNCIL

BALANCE SHEET AS AT 31 December 2023

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Unrestricted Funds|Designated Funds|Restricted Funds|Endowment Funds|TOTAL FUNDS| |2023|2022|2023|2022|2023|2022|2023|2022|2023|2022| |Note|£|£|£|£|£|£|£|£|£|£| |FIXED ASSETS| |Tangible fixed assets|0|0|0|0|0|0|0|0|0|0| |Investment assets at current value|4|0|0|0|0|0|0|83,478|66,579|83,478|66,579| |TOTAL INVESTMENTS|0|0|0|0|0|0|83,478|66,579|83,478|66,579| |CURRENT ASSETS| |Stock|0|0|0|0|0|0|0|0|0|0| |Debtors and Prepayments|5|4,888|0|0|0|0|0|0|0|4,888|0| |Short term deposits at CBF|6|24,460|1|18,451|17,878|25,436|3,259|17,165|7,143|85,512|28,281| |Cash at bank and in hand|7|45,759|51,281|15,565|16,403|959|21,177|0|18,448|62,283|107,309| |TOTAL|75,107|51,282|34,016|34,281|26,394|24,436|17,165|25,591|152,683|135,589| |LIABILITIES: AMOUNTS|8|7,104|3,831|1,639|0|2,899|2,000|0|0|11,641|5,831| |FALLING DUE IN ONE YEAR| |NET CURRENT ASSETS|68,003|47,451|32,377|34,281|23,496|22,436|17,165|25,591|141,041|129,758| |NET ASSETS|68,003|47,451|32,377|34,281|23,496|22,436|100,643|92,170|224,519|196,337| |FUNDS| |Unrestricted|9|68,003|47,451|0|0|0|0|0|0|68,003|47,451| |Designated|0|0|32,377|34,281|0|0|0|0|32,377|34,281| |Restricted|0|0|0|0|23,496|22,436|0|0|23,496|22,436| |Endowment|0|0|0|0|0|0|100,643|92,170|100,643|92,170| |68,003|47,451|32,377|34,281|23,496|22,436|100,643|92,170|224,519|196,337|

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BICESTER (WITH CAVERSFIELD) PAROCHIAL CHURCH COUNCIL

Notes to the Financial Statements for the year ended 31 December 2023

1 (a). Accounting Convention.

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the SORP 2008. The financial statements have been prepared under the historical cost convention, with the exception of investment assets which are included at market value as at 31 December. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those which are informal gatherings of church members nor those which are not controlled by the PCC.

1 (b). Funds

(i) Endowment Funds are either permanent (of which the capital must be maintained) or expendable (where the PCC has an option to spend). Income is either restricted or unrestricted according to the terms under which the endowment was established. In particular it should be noted that the funds restricted to St Laurence Caversfield can only be used on that church, not at St Edburg's Bicester. Similarly the Crockwell School fund is restricted to specific educational purposes only.

(ii) Restricted Funds represent donations or grants received for a specific purpose or invited by the PCC for a specific object. These funds may only be used on the specific object for which they were given. Any balance unspent at the end of the year is carried forward as a balance on that fund.

(iii) Designated Funds are unrestricted funds which the PCC has allocated for a specific purpose; the PCC may undesignate such funds as it thinks fit.

(iv) Unrestricted Funds are general funds which can be used for any purpose as the PCC decides.

1 (c). Incoming Resources

Planned giving, collections and donations are recognized when received; tax refunds are recognized when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Funds raised by fund raising activities are recognized gross, and all expenses and costs are accounted for separately. Sale of books, magazines and other goods are accounted for gross. Dividends and interest are accounted for when receivable.

Realized gains and losses are recognized when investments are sold. Unrealized gains and losses are accounted for on revaluation of assets at 31 December each year.

1 (d). Resources Expended

Grants and donations made are accounted for when paid over or when awarded if that award creates a binding obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received for other charities are dealt with as restricted funds. All other expenditure is generally recognized when it is incurred.

1 (e). Fixed Assets

(i) Consecrated and beneficed property is not included in the accounts in accordance with s.96(2)(c) of the Charities Act 2011. No value is placed on moveable church furnishings as these require a faculty to dispose of and have no value otherwise. All expenditure incurred on consecrated or beneficed buildings and moveable church furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA. Equipment purchased for and used within the church is written off as resources used on purchase.

(II) The church owns 55.41% of the freehold value of 34 Haydock Road, with the Oxford Diocesan Board of Finance owning the remaining share. The value of this share was £298,632.68 when the house was purchased in August 2015, the purchase having cost £538,953.22. This property share is held in trust for the PCC by the ODBF.

1 (f). Other notes

(i) The loan to the Reordering Fund is due for repayment or extension of the loan during 2024.

(ii) DT(O)L are the trustees and managers of the F Sharpe legacy (for the bells at St Laurence Caversfield) which is held with CCLA. The value of that fund at 31 Dec 23 was £9531.91

BICESTER (WITH CAVERSFIELD) PAROCHIAL CHURCH COUNCIL

Notes to the Financial Statements for the year ended 31 December 2023

2. INCOMING RESOURCES				TOTAL	FUNDS
	Unrestricted Funds	Designated Funds	Restricted Funds Endowment Funds	2023	2022
	£	£	£ £	£	£
2(a). VOLUNTARY INCOME
Regular giving - St Edburg's	63,978		1,068	65,046	56,404
Regular giving - St Laurence's	4,565			4,565	4,540
All other giving - St Edburg's	12,591			12,591	16,647
All other giving - St Laurence's	3,012			3,012	3,588
Gift Aid recovered - St Edburg's	17,407		82	17,489	17,048
Gift Aid recovered - St Laurence's	753			753	1,406
Legacies				0	10,000
Grants	1,418			1,418	4,287
	103,723	0	1,150 0	104,873	113,921
2(b). ACTIVITIES FOR GENERATING 100 Club Coffee Mornings Christmas Tree Festival Other Events Hospitality (services and events)	FUNDS (gross) 2,700 4,785 7,120 1,117 1,229			2,700 4,785 7,120 1,117 1,229	2,690 3,899 7,779 0 423
	16,952	0	0 0	16,952	14,791
2(c). INCOME FROM INVESTMENTS Dividends Interest Property Rental	1,251 6,151	573	1,991 210 440	1,991 2,475 6,151	1,980 398 7,979
	7,402	573	210 2,431	10,616	10,357
2(d). INCOME FROM CHURCH ACTIVITIES Church Lettings 2,455 Hall Lettings Service Fees 7,017 Foundation Traidcraft Insurance Claim Restricted Charity Collections Other Income 711		5,742 218 416	5,967 1,896	2,455 5,742 7,017 218 416 5,967 1,896 711	2,210 5,152 10,101 382 328 0 1,518 0
	10,183	6,376	7,863 0	24,421	19,691

TOTAL INCOMING RESOURCES	138,259	6,949	9,223 2,431	156,863	158,760

BICESTER (WITH CAVERSFIELD) PAROCHIAL CHURCH COUNCIL

Notes to the Financial Statements for the year ended 31 December 2023

					TOTAL	FUNDS
	Unrestricted Funds	Designated Funds	Restricted Funds	Endowment Funds	2023	2022
	£	£	£	£	£	£
3(a) COSTS OF GENERATING FUNDS
100 Club prizes	1,800.00				1,800.00	1,680.00
Hospitality	413.44				413.44	947.82
Christmas Tree Festival	1,761.56				1,761.56	1,550.05
Other Events	1,006.92				1,006.92	1,346.00
	4,981.92	0.00	0.00	0.00	4,981.92	5,523.87
3(b) CHURCH ACTIVITIES Mission giving and donations (Note 10) Parish Share Salaries, wages, honoraria Clergy/Staff Expenses	5,386.16 55,577.55 18,217.96	1,586.00	1,767.32		8,739.48 55,577.55 0.00 18,217.96	5,349.09 57,386.34 0.00 18,426.13
	79,181.67	1,586.00	1,767.32	0.00	82,534.99	81,161.56
3(c) CHURCH EXPENSES Mission and evangelism costs Worship and Outreach Children and Family work Church running expenses - St Edburg Service Expenses Church Cleaning Maintenance and Minor Repairs Hall running Foundation Memberships Governance Database/Internet Church Admin Bank charges Reclaimable VAT paid Insured Repairs Church running expenses - St Laurence Service Expenses Maintenance and Minor Repairs Costs of trading Church utility bills Building Insurance - St Edburg Building Insurance - St Laurence Utilities - Gas Utilities - Electricity - St Edburg Utilities - Electricity - St Laurence Utilities - Water	238.13 266.22 3,918.84 3,271.18 2,883.09 245.00 1,025.85 885.80 145.05 114.29 1,418.22 540.81 1,348.04 4,490.11 1,757.58 4,980.83 4,841.72 927.04 245.58	7,266.28 0.00	79.20 35.90 280.00 34.00 5,966.98	856.93	317.33 1,123.15 3,954.74 3,271.18 2,883.09 7,266.28 0.00 245.00 1,025.85 885.80 425.05 148.29 1,418.22 5,966.98 540.81 1,348.04 0.00 4,490.11 1,757.58 4,980.83 4,841.72 927.04 245.58	0.00 830.00 3,528.21 2,999.77 2,065.16 5,089.63 42.00 185.00 420.00 579.30 391.86 205.20 0.00 0.00 190.00 2,689.00 184.88 3,773.75 1,597.78 2,913.29 3,065.32 872.81 103.54
	33,543.38	7,266.28	6,396.08	856.93	48,062.67	31,726.50
3(d) MAJOR CAPITAL EXPENDITURE Major Repairs to St Edburg's 0.00 Fees (Architect, Consultancy) 0.00			0.00 0.00		0.00 0.00	0.00 0.00
	0.00	0.00	0.00	0.00	0.00	0.00

TOTAL RESOURCES EXPENDED	117,706.97	8,852.28	8,163.40	856.93	135,579.58	118,411.93

BICESTER (WITH CAVERSFIELD) PAROCHIAL CHURCH COUNCIL

Notes to the Financial Statements for the year ended 31 December 2023

4. INVESTMENTS IN CCLA (CBF) SHARE ACCOUNTS AT CURRENT VALUE

						TOTAL	FUNDS
	Number of Shares	Unrestricted Funds	Designated Funds	Restricted Funds	Endowment Funds	2023	2022
		£	£	£	£	£	£
Mrs M Trebble
(for St Laurence Caversfield)	819.38				18,522.33	18,522.33	16,929.54
(Opening Capital £22,719.25)
Crockwell School
(Children's Education)	2,403.00				54,320.53	54,320.53	49,649.34
(Opening Capital £28,738.44)
Page Turner legacy (Opening capital £10,000)	2,717.32				10,635.32	10,635.32	0.00
		0.00	0.00	0.00	83,478.18	83,478.18	66,578.88
5. DEBTORS
LPWGS Grant recoverable		913.93				913.93	0.00
Income Tax recoverable (Gift Aid)		3,974.21		0.00		3,974.21	0.00
		4,888.14	0.00	0.00	0.00	4,888.14	0.00
6. SHORT TERM CASH DEPOSITS AT CCLA (CBF)
Mrs M Trebble (for St Laurence Caversfield)					10,667.44	10,667.44	4,098.09
Crockwell School (Children's Education)		856.93			6,497.84	7,354.77	3,045.19
Church Deposit		23,603.06		8,884.86		32,487.92	0.62
Church Hall			18,450.92			18,450.92	17,877.94
Re-Ordering				16,550.69		16,550.69	3,259.10
		24,459.99	18,450.92	25,435.55	17,165.28	85,511.74	28,280.94

BICESTER (WITH CAVERSFIELD) PAROCHIAL CHURCH COUNCIL

Notes to the Financial Statements for the year ended 31 December 2023

	Unrestricted Funds	Designated Funds	Restricted Funds	Endowment Funds	2023	2022
	£	£	£	£	£	£
7. CASH AT BANK AND IN HAND
Barclays St Edburg's Current Account	0.00				0.00	17,372.69
Adjustment on Barclays CA		0.00			0.00	3,623.63
Barclays Saver Account	0.00				0.00	53,731.29
Adjustment on Barclays BS		0.00			0.00	874.96
Barclays St Laurence Current Account	0.00				0.00	6,772.91
Barclays Re-Ordering Account			0.00		0.00	10,647.94
Barclays Foundation Account		0.00			0.00	10,447.79
Barclays Church Hall Account		0.00			0.00	3,837.32
Unity Bank St Edburg's Current	4,443.86		958.70		5,402.56	0.00
Unity Bank St Edburg's Deposit	26,238.27	15,564.94			41,803.21	0.00
Unity Bank St Laurence Current	15,076.94				15,076.94	0.00
	45,759.07	15,564.94	958.70	0.00	62,282.71	107,308.53
8. LIABILITIES: AMOUNTS DUE WITHIN		ONE YEAR
Christians Against Poverty	5,186.16				5,186.16	3,831.00
Governance (IE Fee)	450.00				450.00	0.00
Deferred Income	250.00				250.00	0.00
O/S end of year payments	1,218.07	1,638.50	898.70		3,755.27	0.00
Interest Free Loans (Re-Ordering)			2,000.00		2,000.00	2,000.00
	7,104.23	1,638.50	2,898.70	0.00	11,641.43	5,831.00
9. FUND DETAILS
General Fund - St Edburg	52,837.56				52,837.56	37,259.94
General Fund - St Laurence	15,165.41				15,165.41	10,190.00
Traidcraft		0.00			0.00	1,169.97
Kingsmere			6,420.80		6,420.80	6,500.00
New Communities Fund			1,281.22		1,281.22	1,281.22
Restricted Donations Fund			1,182.84		1,182.84	1,370.03
Stocks Legacy		947.86			947.86	947.86
Foundation		10,665.79			10,665.79	10,447.79
Church Hall		20,763.71			20,763.71	21,715.26
Re-Ordering Fund			14,610.69		14,610.69	13,284.48
Church Saver					0.00	0.62
Mrs M Trebble (for St Laurence's				29,189.77	29,189.77	26,824.33
Caversfield)
Crockwell School (for St Edburg's				60,818.37	60,818.37	55,345.39
School)
Page Turner Legacy				10,635.32	10,635.32	10,000.00
TOTAL FUNDS	68,002.97	32,377.36	23,495.55	100,643.46	224,519.34	196,336.89

BICESTER (WITH CAVERSFIELD) PAROCHIAL CHURCH COUNCIL

Notes to the Financial Statements for the year ended 31 December 2023

10: CHARITABLE DONATIONS

2023 USPG Children's Society Embrace Christian Aid Royal British Legion MU BCA (Refugees and Foodbank) BTC Transform Trade (Traidcraft) OHCT NCT Monumental Brass Totals	Unrestricted /Designated Restricted Total 2022 £ £ £ 5,186.16 5,186.16 TearFund 100.00 134.00 234.00 DEC - Ukraine 100.00 100.00 Bishop's Outreach Fund 542.84 542.84 Children's Society 105.70 105.70 Embrace 338.50 338.50 Christian Aid 547.91 547.91 Royal British Legion 98.37 98.37 OHCT 1,586.00 1,586.00 NCT 100.00 100.00 Monumental Brass 50.00 50.00 Totals 35.00 35.00 7,157.16 1,767.32 8,924.48	Unrestricted /Designated Restricted Total £ £ £ 3,831.00 0.00 3,831.00 0.00 388.70 388.70 0.00 339.28 339.28 0.00 220.60 220.60 0.00 60.00 60.00 323.50 323.50 0.00 185.57 185.57 100.00 100.00 50.00 50.00 35.00 35.00 4,016.00 1,517.65 5,533.65