The Parochial Church Council of the Ecclesiastical Parish of Hyson Green and Forest Fields (Registered charity, number 1132850) Financial statements for the year ended 31 December 2022
| Page | Contents |
|---|---|
| 2 - 4 | Trustees’ annual report |
| 5 | Independent examiner’s report |
| 6 | Receipts & payments account |
| 7 | Statement of assets & liabilities |
| 8 - 9 | Notes to the accounts |
The Parochial Church Council of the Ecclesiastical Parish of Hyson Green and Forest Fields Trustees’ annual report for the year ended 31 December 2022
Full name The Parochial Church Council of the Ecclesiastical Parish of Hyson Green and Forest Fields
Other names by which the charity is known
St Stephen with St Paul PCC
PCC of St Stephen with St Paul Hyson Green (working name)
Registered charity number 1132850
Principal address
St Stephen’s Church, Bobbers Mill Road, Hyson Green, Nottingham, NG7 5GZ
Trustees
Rev Clive Burrows, Vicar Mohammed Ashtari Lesley Silcock, Treasurer Karen Burrows Sharon Bravo, Minute Secretary Deirdre Dixon Jean McCloughry, Warden Peter Dixon Albert Gill, Warden Tamin Fetrat Sandra Brailsford, Reader Graham Lewin Jenny Lewin, Reader Linford Grant, from 22/04/22 Fola Sowunmi, Reader Arash Shayegan, from 22/04/22
Independent examiner
John O’Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL
Governance and management
We are governed in our operation and formulation by the Canons of the Church of England and Pastoral measures. Members are elected and appointed at AGM. The membership of the PCC lasts three years before stepping down for a year. Officers are excluded.
Trustees are elected at APCM.
Objectives and activities
The principal aims of the PCC are to co-operate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical, to spread the word of Jesus Christ in the area of Hyson Green and Forest Fields and minister to the people who live there.
Public benefit statement
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.
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The Parochial Church Council of the Ecclesiastical Parish of Hyson Green and Forest Fields
Summary of the main achievements during the period
2022 has been another busy year in the life of our vibrant, multicultural, inner city church. After an away-day for our parochial church council and further meetings, we have adopted a new five-year mission statement: ‘Crossing Cultures with Christ’. This will help us to focus on doing more than just sharing the same space but interacting and learning from each other.
We have developed our technology and ways of working so that we could reach out to more people across the country. We have continued to use a mixed approach to meeting with some preferring to meet in person and others, especially those that are more vulnerable, preferring to meet on Zoom.
As a way of reaching out to the people in our parish, letting them know that we exist, and that we care about them, we once again delivered Christmas and Easter cards to many homes in our parish. Together with the card, we included a prayer card. On this card we offered to pray for people if they returned the card letting us know their needs.
Our Farsi Bible studies on Zoom on Tuesday and Thursday evenings comprise people from our long-standing Farsi Bible study group together with hotel-based asylum seekers who have completed the Al Massira course; a course designed particularly for those from a Muslim background. The Farsi speakers are mostly from Iran and Afghanistan. After sharing news, reading a psalm together in Farsi and singing worship songs in Farsi, we divide into 3 breakout rooms for the Bible study. The groups are well attended and the members seem to be enthusiastic about attending. We have continued to serve the most vulnerable with deliveries of hygiene products, kindly given to us by another voluntary sector organisation, the Hygiene Bank.
Children, young people and families have always been an important part of the life of our church. During this year we have tried different ways of supporting and including them during services with special children’s activities, involvement in all age worship, including leading the service, and a summer programme.
Our leadership training programme is helping new people to come forward to help lead.
Despite a year of reduced income, the church has given away over £9,000 including to those less fortunate in our own community and those in other parts of the world.
We have achieved two major projects in the building, the installation of CCTV to improve safety of all who use the building and an upgrade of the burglar alarm.
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The Parochial Church Council of the Ecclesiastical Parish of Hyson Green and Forest Fields
Financial review
We have had a difficult financial year. We are yet to make our inland revenue request for Gift Aid and our utility bills have increased substantially. We are meeting early in 2023 to discuss cost cutting and increasing our income.
The charity’s policy on reserves
The charity aims to keep 3 months running costs as reserves.
Major financial risks
The financial risk that the charity faces is an ageing congregation and newcomers with little money.
Signed on behalf of the charity’s trustees:
Signed ______ Date _ Rev Clive Burrows, Vicar, Trustee
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Independent examiner’s report to the trustees of The Parochial Church Council of the Ecclesiastical Parish of Hyson Green and Forest Fields for the year ended 31 December 2022
I report to the trustees on my examination of the accounts of The Parochial Church Council of the Ecclesiastical Parish of Hyson Green and Forest Fields (the charity) for the year ended 31 December 2022.
Responsibilities and basis of report
As the trustees of the charity 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 charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the 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 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 charity as required by section 130 of the Act; or
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the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed ____ Date _______ John O’Brien MSc, FCCA, FCIE Employee of Community Accounting Plus
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The Parochial Church Council of the Ecclesiastical Parish of Hyson Green and Forest Fields Receipts & payments account for the year ended 31 December 2022
| 2021 Total Unrestricted Funds Funds £ Note £ Receipts 79284 Grants & donations 2 60484 29 Fundraising - 58 Bank interest 155 1650 Sales & fees 1288 79 Sundry receipts 444 81100 Total receipts 62371 Payments 162 Children & young people costs 647 11668 Church 14010 13427 Giving 8128 1015 Hospitality & activities 793 1171 Incumbent, Curate and Priest expenses 1529 540 Legal & professional fees 540 10658 Major repairs & redecoration 4224 10750 Office 9945 39624 Parish share 39624 121 Pledge envelopes 125 3039 Service expenses 3521 92175 Total payments 83086 (11075) Net receipts/(payments) (20715) 257442 Cash funds at start of this period 245321 246367 Cash funds at end of this period 224606 |
Restricted Funds £ 1352 - - - - 1352 - - 1352 - - - - - - - - 1352 - 1046 1046 |
2022 Total Funds £ 61836 - 155 1288 444 |
|---|---|---|
| 63723 | ||
| 647 14010 9480 793 1529 540 4224 9945 39624 125 3521 |
||
| 84438 | ||
| (20715) 246367 |
||
| 225652 |
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The Parochial Church Council of the Ecclesiastical Parish of Hyson Green and Forest Fields Statement of assets and liabilities at 31 December 2022
| 2021 £ Cash assets 246367 Bank accounts 246367 Other monetary assets 675 Loan 6000 Gift aid receivable 434 Prepayments - service expenses 7109 |
2022 £ 225652 |
|---|---|
| 225652 | |
| 540 14000 456 |
|
| 14996 |
Assets retained for the charity’s own use
General equipment.
Noticeboard purchased October 2018, cost £844. Photocopier purchased November 2018, cost £4,118. Television purchased June 2019, cost £1,049. Scaffold tower purchased July 2019, cost £1,368. Laptop purchased October 2020, cost £799. CCTV system purchased April 2022, cost £2,659. Alarm system purchased September 2022, cost £1,109.
Liabilities
| Liabilities | |
|---|---|
| (540) Creditors - legal & professional fees (540) |
(552) |
| (552) |
These financial statements are accepted on behalf of the charity by:
Signed _____ Dated _____ Lesley Silcock, Trustee
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The Parochial Church Council of the Ecclesiastical Parish of Hyson Green and Forest Fields Notes to the accounts for the year ended 31 December 2022
1. Receipts & payments accounts
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
2. Grants & donations
| CAF/UKET vouchers Church collections Covenanted giving Pledge envelopes Gift Day & other donations |
Unrestricted £ 1000 2954 44631 540 11359 60484 |
Restricted Total £ £ - 1000 - 2954 - 44631 - 540 1352 12711 1352 61836 |
|---|---|---|
3. Funds analysis
| Unrestricted funds Church general fund Designated development fund Restricted funds Sound desk fund Special collections |
Opening Receipts (Payments) Closing balance balance £ £ £ £ 125321 62371 (83086) 104606 120000 - - 120000 |
|---|---|
| 245321 62371 (83086) 224606 |
|
| 1046 - - 1046 - 1352 (1352) - |
|
| 1046 1352 (1352) 1046 |
Special collections comprised £1,292 for Tearfund and £60 for The Children’s Society.
4. Trustees’ remuneration
Trustees received no expenses, remuneration or benefits in this period.
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The Parochial Church Council of the Ecclesiastical Parish of Hyson Green and Forest Fields
5. Related party transactions
There were no related party transactions during the period.
6. Glossary of terms
Creditors: These are amounts owed by the charity, but not paid during the accounting period.
Prepayments: These are services that the charity has paid for in advance, but not used during the accounting period.
Restricted funds: These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.
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