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2022-12-31-accounts

PCC Members PCC Members PCC Members PCC Members
During the year the following served as members
ofthe PCC:
Rector:
Associate
Priest: The Revd Canon Dr Crispin
The Revd Tabitha Rao
Pailing (Chair)
Assistant Priest: The Revd Michelle Montrose
Assistant Priest: The Revd Canon
Bill
Addy
Assistant Curate: The Revd Jennifer Brady
Wardens: Mrs Sarah Wrightson
Mrs Eva Cookey
Deanery Synod Representatives: Ms Victoria Inyang-Talbot
Mrs Emily Ridgway
Mr Stephen Derringer (from April 2022)
Secretary: Mrs Pauline
Addy
Treasurer: Dr James Wrightson in attendance
Other Elected Members: Dr Rebecca Selman
Mrs Pauline Addy
Mr Nick Ledingham
Mrs Pauline
Lewis
Mr Martyn
Cull
Dr Sarah-Jane
Cull
Mrs Elaine Price
Mr David Large (until April 2022)
Mrs Sarah Doyle
Mr Dean Sullivan
Ms Kelly Montana-Williams (from April 2022)
Mr Peter Summerfield
Captain Peter Woods
In attendance: Mr Derby Guerrier (Parish Assistant)

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For t he year ended 31December 2022
Notes 2022 2021
5 5
Fixed Assets
Tangible
Investment
Sub Total
5(a)
5(b)
38,024
589,716
627,740
35,484
650,850
686,334
Current Assets
Stock
Debtors 12,240 12,038
Cash at bank and
in hand
144,177 149,121
Sub Total 156,426 161,159
Liabilities
Creditors - amounts falling due c 1 year 4,941 17,760
Net Current Assetsl (Liabilities)
Total assets less current liabilities 151,485 143,300
TOTAL NET ASSETS 779,225 829,724
Unrestricted* 210,915 100,434
Restricted 26,524 35,794
Endowment 541,786 603,496
TOTAL PARISH FUNDS 779,225 829,724

1 Basis ofPrep 1 Basis ofPrep 1 Basis ofPrep a ration
These accounts have been
prepared
under
the
historical
cost convention
with
items
recognised
at cost or
transaction value unless otherwise
stated
in the relevant note(s) tothese accounts.
These accounts have been prepared
in accordance
with the Statement
of Recommended
Practice: Accounting
and Reporting
by
Charities preparing
their accounts
in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS102)issued on 16July 2014,and with the Charities Act 2011.
2.Income
Recognition ofincome: These are included
in the Statement of Financial Activities (SoFA)when:
The charity becomes entitled to the resources;
It is more likely than not that the trustees
will receive the resources; and
The monetary
value can be measured
with sufficient
reliability.
Offsetting: There has been no offsetting ofassets and liabilities, or income and expenses, unless
required
or permitted
by the FRS 102SORP or FRS 102.
Grants and Donations: Grants and donations are only included
in the SoFA when the general income
recognition
criteria are met (5.10-5.12FRS 102 SORP).
In the case ofperformance
related grants, income must only be recognised to the
extent that the charity has provided the specified goods orservices as entitlement to
the grant only occurs when the performance
related conditions are met (5.16FRS
102
SORP)
Legacies: Legacies are included
in the SoFA when receipt is probable, that is, when there has
been grant ofprobate, the executors have established
that there are suffident assets
in the estate and any conditions
attached
to the legacy are either within the control
of
the charity or have been met.
Tax reclaims: GiR Aid receivable is included
in income when there isa valid declaration
from the
donor.
Any GiR Aid amount recovered on a donation
is considered
to be partof that
giR and is treated as an addition to the same fund as the initial donation
unless the
donor or the terms ofthe appeal have specified otherwise.
Support costs: The charity has incurred
expenditure
on support costs.
Volunteer help: The value ofany voluntary
help received is not included
in the accounts but is
described
in the trustees'
annual
report.
Interest, dividends etc. Income from interest,
royalties and dividends
is included
in the accounts when receipt
is probable and the amount
receivable can be measured
reliably.
Investment gains/losses This includes any realised or unrealised
gains or losses on the sale ofinvestments
and any gain or loss resulting
from revaluing
investments
to market value at the end
ofthe year.
3.Expenditure and liabilities
Liability recognition: Liabilities are recognised
where
it is more likely than not that there isa legal or
constructive
obligation
committing
the charity to pay out resources and the amount
of
the obligation
can be measured
with reasonable
certainty.
Creditors: The charity has creditors which are measured
at settlement
amounts
less any trade
discounts.
Financial instruments: The charity accounts for basic financial
instruments
on iniTial recognition as per
paragraph
10.7FRS 102SORP. Subsequent
measurement
isas per paragraphs
11.17top 11.19,FRS 102SORP.

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5(a)FIXED A SSETS
Freehold land & Church
Tangible (Unrestricted) building equipment Total
Actual
/ Deemed cost
As at 1/1 69,775 69,775
Disposal
Additions at cost 9,891 9,891
As at 31/12 79,666 79,666
Depreciation As at 1/1 34,291 34,291
Withdrawn
on
disposals
Charge for year 7,351 7,351
As at 31/12 41,642 41,642
477ov+
Net Book Value As at 31/12 38,024 352)84
5(b) Investments 2022 2021
6 6
GLADSTONE FUND Historical cost 176,419 172,798
Market value 188,954 209,894
HAMPSON AND SUNDRY Historical cost 255,561 255,920
BEQUESTS Market value 271,329 302,459
INVESTEC Income Account Historical cost 41,026 31,309
Market value 41,026 31,309
OLSN EDUCATIONAL FUND Historical cost 19,902 19,902
Market value 30,745 34,847
Accrued
Interest
6,528 6,033
L'POOL BLITZ MEM TRUST Historical cost 6,250
Market value 9,637
MUSIC ENDOWMENT FUND Historical Cost 32,375
(CBF) Market Value 45,484
MUSIC ENDOWMENT FUND Historical Cost 54,677 11,188
(Investec) Market Value 51,134 11,188
TOTALS Historical cost 529,742 529,742
Market value +Accrued Interest 589,716 650,851

The marke t value as at 31"December represents
investments
for:
f
Unrestricted funds 41,026
Restricted funds 6,528
Endowment funds 542,162

S.DEBTORS
2022f 2021f
Tax recoverable 10,050 9,865
Other debtors 2,199 2,173
Total 12,249 12,038
T.LIABILITIES (Amounts falling due in one year)
2022f 2021f
Creditors 4,941 17,769
Total 4,941 17,769
8.FUNDS Balance
at 1/1
Incoming
resources
Resources
expended
Fund
Transfers
Investment
gains/
Balance
at 31/12
(losses)
Unrestricted fund
movements
lnvestec Dividends 31,309 9,717 41,026
Accumulated funds 159,125 157,713 148,769 1,820 169,889
Total 190,434 157,713 148,769 1,820 9,717 210,915
Restricted fund
movements
Blitz Memorial 7,600 (1,320) (843)
Fund
OLSN Educational
Fund
6,033 (500) 995 6,528
Humby Trust
(Gardens 8Walton 20,000 20,000
Park)
Total 35,794 7,600 (1,820) (152) 26,528

The following
amounts
have also been received and subsequen
tly
paid o
6
Fees for weddings,
funerals and special services
(Verger, Organist,
Choir, Begringers, Soloists, Livestream)
12,590
Special Cogectlons:
DEC Ukraine Appeal
Liverpool Seafarers' Centre (ISN Day)
1,242
365
DEC Pakistan Appeal 160
KIND (HSBCCarols) 156
Community
Foundation
(Police Carols)
210
Community
Foundation
(Rathbones Carols)
365
Liverpool Seafarers' Centre (Maritime Carols) 274
Fire Service Charity (MFRS Carols) 93