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2023-12-31-accounts

PCC Members PCC Members
During the year the following served as members
of the PCC:
Rector: The Revd Canon
Dr
Crispin
Pailing
(Chair)
Associate Priest: The Revd Tabitha Rao (until November 2023)
Assistant Priest: The Revd Michelle Montrose
Assistant Priest: The Revd Canon
Bill
Addy
Assistant Curate: The Revd Jennifer Brady
Ward ens: Mrs Sarah Wrightson
Mrs Eva Cookey (until April 2023)
Dr Clare Ledingham (from April 2023)
Deanery Synod Representatives: Ms Victoria Ekpo
Mrs Emily Ridgway
Ms Kelly Montana-Williams
Secretary: Mrs Pauline
Addy
Treasurer: DrJames Wrightson in attendance
Other Elected Members: Dr Rebecca Selman
Mrs Pauline
Addy
Mr Nick Ledingham
Mrs Pauline
Lewis (until April 2023)
Mr Martyn
Cull
Dr Sarah-Jane
Cull
Mrs Elaine Price
Mrs Sarah Doyle
Mr Dean Sullivan
(died November
2023)
Mr Peter Summerfield
Captain Peter Woods (until April 2023)
Mr Rupert Litherland (from April 2023)
Mr Alastair
Harwood
(from April 2023)
Mr Andrew
Derringer
(from April 2023)
In Attendance: Mr Derby Guerrier (Parish Assistant)
Mr Stephen
Derringer
(Buildings Manager)

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For the year ended 3 1 December
2023
Notes 2023 2022
6 6
Fixed Assets
Tangible 5(a) 31,618 38,024
Investment 5(bi 667,032 589,716
Sub Total 698,650 627,740
Current Assets
Stock
Debtors 13,060 12,249
Cash at bank and in hand 156,999 144,177
Sub Total 170,059 156,426
Liabilities
Creditors - amounts falling due in less 12,849 4,941
than
1 year
Net Current Assetsl (Liabilities)
Total assets less current liabilities 157,210 151,485
TOTAL NET ASSETS 855,860 779,225
Unrestricted* 215,031 210,915
Restricted 74,170 26,524
Endowment 566,659 541,786
TOTAL PARISH FUNDS 855,860 779,225

1 Basis ofPrep 1 Basis ofPrep 1 Basis ofPrep 1 Basis ofPrep aration
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) to these 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 (FRS 102)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 102S OR P 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 102SORP).
In the case ofperformance
related grants, income must only be recognised
to the
extent that the charity has provided
the specified goods or services 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 executom have established
that there are sufficient 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 is a valid declaration
from the
donor.
Any Gift Aid amount
recovered on a donation
is considered
to be part ofthat
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 of investments
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 is a 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
is as per paragraphs
11.17top 11.19,FRS 102SORP.

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5(a) FIXED ASSETS
Freehold land & Church
Tangible (Unrestricted) building
f
equipment Totalf
Actual
/ Deemed cost
As at 1/1 79,666 79,666
Disposal
Additions at cost 1,364 1,364
As at 31/12 81,030 81,030
Depreciation As at 1/1 41,642 41,642
Withdrawn
on
disposals
Charge for year 7,770 7,770
As at 31/12 49,412 49,412
Net Book Value As at 31/12 31,618 31,618
5(b) Investments 2023
f
2022f
GLADSTONE FUND Historiical cost 175,275 176,419
Market value 197,324 188,954
HAMPSON AND SUNDRY Historiical cost 252,414 255,561
BEQUESTS Market value 282,664 271,329
INVESTED Income Account Historical cost 42,037 41,026
Market value 42,037 41,026
OLSN EDUCATIONAL FUND Historiical cost 19,902 19,902
Market value 33,637 30,745
Accrued Interest 7,667 6,528
MUSIC ENDOWMENT FUND Historical cost 54,606 54,677
(Investec) Market value 53,410 51,134
BATTLE OF THE ATLANTIC Historical cost 50,000
MEMORIAL (Investec) Market value 50,292
TOTALS Historical cost 594,434 547,585
Market value + Accrued Interest 667,031 589,716

==> picture [48 x 8] intentionally omitted <==

6.DEBTORS
2023 2022
6 E
Tax recoverable 10,059 10,050
Other debtors 3,001 2,199
Total 13,060 12,249
7.LIABILITIES (Amounts falling due in one year)
2023 2022
2 E
Creditors 12,849 4,941
Total 12,849 4,941
8.FUNDS Balance Incoming Resources Fund Investment Balance
at fn resources expended Transfers gains/ at 31/12
(losses)
Unrestricted fund
movements
Investec Dividends 41,026 1,011 42,037
Accumulated 169,889 201,977 196,997 (1,875) 172,994
Funds
210,915 201,977 196,997 (1,875) 1,011 215,031
Restricted fund
movements
Battle ofthe 55,315 5,315 292 50,292
Atlantic Fund
OLSN Educational
Fund
6,528 1,139 7,667
Humby Trust
(Gardens
&Walton
20,000 3,785 16,215
Pari)
Blitz Memorial
Fund
Total 26,528 55,315 9,100 1,431 74,170

ollections:
Liverpool Seafarers' Centre (2022 Carols) 233
Fire Service Charity (MFRS Carols 2022) 93
Liverpool Seafarers' Centre (MN Day) 206
Community
Foundation
(police Carols)
236
Change
Liverpool
Fund
669
Fire Service Charity (MFRS Carols) 132