The Parochial Church Council of the ecclesiastical tist Harborne arish of St John the ST JOHN'S CHURCH HARBORNE BIRMINGHAM 2022 oOo- TRUSTEES ANNUAL REPORT AND FINANCIAL ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2022 Re istered Chari Number 1132862
St John's Church. Harborne, Birniingham The Parochial Church Council of the ecclesiastical Ba tist Harborne arish of St John the TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2022 CONTENTS Page Trustees, Report Independent Examinerfs Report 12 Statement of Financial Activities 13-14 Balance Sheet 15-16 Statement of Cash Flows 17 Notes to the Accounts 18-27
St John's Church. Harborne. Birniingham ST TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 The Parochial Church Council (PCC) of the ecclesiastical parish of St John the Baptist, Harborne is pleased to present its report and financial statements for the year ended 31 $t Detsmber 2022. The PCC are the Trustees of the registered Charity. Objectives and Activities The purpose of the Charity as stated in the governing documents is to co-operate with the incumbent in promoting in the ecclesiastical parish the whole mission of the church, pastoral. evangelistic and ecumenical and to provide public benefit through the provision of free regular public worship open to all. Additionally. beyond Harbome to the general public (as stated in our charitable framework) through grants and gifts to the wider mission of the church to reach all people in this country and overseas. How our activities deliver public benefit and who has benefitted We are pleased to report that Church services and activities have taken pla in person during 2022 as a more nomial pattern of meeting together has been possible. Sunday services have continued to be available online to enable those who have not been able to attend to enable them benefit from worship, prayer and teaching. In 2022 St John's had a worshipping community including children of approximately 528 (based on the average Sunday & Thursday attendanS both at Church and on line in October 2022). In addition to this. activities are undertaken throughout the week. These build on the church values and these activities would not take place without significant contribution from volunteers. It is estimated that by the end of the year the equivalent of up to 380 members were involved in different roles on Sundays and throughout the week to ensure that the church was able to fulfil its purpose and run all the planned activities. The activities are varied and cover a whole range of different areas and the following provides a brief summary. 1. Worship team and other musicallsinging activities in support of Sunday and Thursday services and other events 2. Powerhouse - prayer, worship and reflective times 3. DiscipleshiplHome Groupsffalk together - regularly for fellowship, prayer and bible study number of small groups meeting together 4. Alpha courses- these help people to understand the Christian faith. 5. Working with a range of activities with toddlers, children, young people and students groups 6. Bridge Building activities launched in 2022 to support the local communty.. a. Saturday moming café operating on 2 momings a month welcoming all to come and enjoy a warm space, a drink and some companionship., and
St John's Church, Harborne, Birmingham b. Recovery minislry with the aim of supporting those who need help from difficult and challenging events in their lives., and Resource days which have provided circa 7000 items for the communty in 2022, coats. socks, food, toiletries, nappies and cleaning materials. 7. Planning for English Language Course,. Friday evening community meals and a wami space on a Monday commencing shortly. 8. Crossway- Three main areas of activty.. a. Supporting older people and those from the community seeking help including working with local care homes.. b. Providing help to those in debt and needing support; and c. Healing prayer centre for those seeking prayer for healing. 9. Prayer ministries and groups meeting together for prayer for specrfic needs on a regular basis. 10. Marriage Course- support for couples wanting to improve their relationship. These and other activities are dependent on the volunteers who lead and give of their time to enable all areas of the Church to function. Whilst we employ full time staff and we have 2 clergy appointed to the Church plus a curate and 1 other clergy who are licensed to the Parish we would not be able to function in the way we do WFthout the input of all the volunteers. The scale of the work of the charity is greatly enhanced by the input of all the members of the Church. The success criterion is to ask whether an activity helps, supports, encourages and builds up people in their lives and faith. The PCC and staff regularly review the activities of the church looking at the SucsS of each key activity, assessing the benefits to those attending and planning future activities accordingly. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning future activities. The ongoing and longer temi aims of the charity are lo reach more people with the Gospel of Jesus and to build on what we already have in place across all the areas of ministry. Church Revltalisatlon One exciting development in 2022 is the launch of the revitalisation project at St Mary's Church in Bearwood in line with our 5 year plan. This commenced early in the year with a formal service at the Church in September 2022. The Revd Ben Baker was dual licensed to St Mary's and moved with a group of people with the aim of building up the existing ministry in Bearwood. Building for Mission The refurbishment of the Church and rebuilding of the Hall completed in 2021 at a cost of £4m was all part of the 5 year plan. The focus during 2022 was working towards the
St John's Church, Harborne, Birniingham completion of the overall project which included the dlstribution of financial gifts from the tithe to a nurnber of organisations helping to fulfil our wider mission beyond Harborne. This work was completed during the year and the fund closed in December 2022. structure, Governance and Management- Governing Document St John's Church, Harborne (St John's) is governed by approved documents issued by the Church of England., the Parochial Church Council {Powers) Measure 1956 as amended and the Church Representation Rules (conlained in Schedule 3 to the Synodical Govemment Measure 1969 as amended). The PCC was registered with the Charity Commission on 21 November 2009. Recruitment and Appointment of PCC The PCC is elected from those members of the congregation who have been on the electoral Roll at least 6 months at the time of the Annual Parochial Church Meeting IAPCM). In addition, members of the congregation on the electoral role of the parish and serving on the Deanery, Diocesan or General Synods together with the clergy licensed to the parish, are members of the PCC. PCC InduGtion and Tralnlng Upon joining the PCC, new members receive an induction pack which includes Ihe Charity Commission publication "The Essential Truslee., a copy of the financial budget for the current year, the prior year accounts and a copy of the minutes of the most recent meeting. A briefing is given by the PCC treasurer and the Chair to any new m8mbers on any important current topics. Oryanlsational Structure The PCC meets up lo 6 times per annum with an agenda circulated to PCC members in advance of each meeting and with supporting documents on many of the agenda items. M8mbers of the Standing Committee include th8 Vicar. Associate Vicars, Associate Vicar Emeritus, Church Wardens. Treasurer, PCC Vice-chair and the PCC Secretary. The Church Wardens are members of PCC and inter alia form a direct link between the Bishop and the parish. They see that the PCC carries out its responslbilities for the care, maintenance and insurance of the church. its contents grounds and other buildings owned by the PCC. They also arrange to inspect the fabric of the church's premises al appropriate inlervals and report to the annual parochial ChUh meeting. The PCC employed 11 members of staff at 31st December 2022 some who lead various ministri&s and others who provide support to the overall life of the Church. This is in addition to the Vicar, Associate Vicars and curate who ar8 employed by the Diocese of Birmingham on behalf of the Church of England, plus 3 self-supporting volunteer roles an assistant pastor, community pastor and a small group pastor. The employed people split across the activities are as follows: Operations 3, Support for Older People 1, Worship 1, Youth, Children's & Toddlers Minislries 3, Communications and Finance & Secretarial 3.
St John's Church, Harborne, Birniingham Key Management Personnel The K8y Management Personnel of the Charity are the Vicar Revd L Browne and Associate Vicar Revd J Tattersall supported by the Operations Manager Mr S Foster. Church wardens DR R Lovell. Mrs R Downing until April 2022 and Mr P Varley, Mrs K Collins from April 2022 and all the Trustees of the Charity. Penslon Scheme The PCC joined Ihe scheme operated by ihe Birmingham Diocese and the provider is Friends Life which is now owned by Aviva. The PCC are contributing 30/0 in line with the regulations. Pay & Remuneration of Key Management Personnel and Employees The pay of the clergy is set and paid by the Bimiingham Diocese of the Church of England. Additionally, the vicar and 1 associate vicar have the benefit of a Diocesan owned vicarage and 1 associale vicar has a house provided by the PCC for which the Di0Se make a monthly contribution towards the running costs. The role of Churchwarden is voluntary and no payment is made for thal appointment. The pay scales of all employees are set against a matrix of the different roles which has been benchmarked and is kept regularly up to date. The employees pay is reviewed annually by the Trustees and a cost of living rise applied as appropriate. Parochial Church Council (PCC) Members of the PCC who are also truslees for the purposes of Charity Law and who served during the year and up to th8 date of the report are set out below.. Helen Baines Until April 2022 Benjamin Baker Cassandra Beeson Leonard Browne Patrick Burke Adrian Collings Anthony Collins Ben Collins Katherine Colllns Mithael Down Ruth Downing Andrew Ferrari Laura Gilyead Fiona Gregson David Harvey Geoffrey Heyes Joanne Jennings Caroline Jones Kathy Lee-cole Richard Lovell Peter Pretlove Marian Prellove Clergy Until April 2022 Chair, Clergy From April 2022 Deanery SyncKJ From April 2022 Until April 2022 From S8Pt 2022 Vice-chair Warden Deanery & Diocesan Synod Warden Until Sept 2022 From April 2022 Until April 2022 Until Sept 2022 Clergy Treasurer From April 2022 From June 2022 From April 2022 Clergy Warden Deanery Synod Deanery Synod Until Aprfl 2022
St John's Church, Harborne, Bimiingham Hannah Reed James Reed Janet Ryland Ruth Smith Jonathan Tattersall Clergy Philip Varley Warden James Whitehousa Deanery & Diocesan Synod Vice-chair Secretary From April 2022 Until April 2022 Until April 2022 From April 2022 Secretary From April 2022 From April 2022 Risk Management and Safeguardlng A risk register is in place covering the major activities of Church life. A full review of safeguarding has taken pla this year and we have 2 safeguarding officers in place supported by a member of staff. All appropriate policies are in place ensuring the safeguarding of children and vulnerable adults. The required levels of checks and training are undertaken for everyone involved with leadership and all complete the necessary training. Fundralsing During the last 2 years all of our committed giving has come from members of the Church and legacies from former members. The Church does nol hold any public appeals for funds. Within the Church there is usually a financial appeal each year in the autumn. We have not been subject to any undertaking to be bound by a voluntary standard as that doas not apply and there are no activities lo monitor. The internal financial appeal is to the whole Church but no individuals are followed up in any way and no pressure is applied to individuals lo contribute and so any vulnerable people are protected. Additionally, there have been special appeals to the Church for the Building for Mission project. The details of individual donations are only known by the Gift Aid Secretary and the Hon Treasurer with the Trustees and staff only being given summary reports of income. The Church does not use any professional fundraisers. Financial Review for 2022 and 2021 The principal funding for St John's comes from giving by church members and the main financial highlights for the year are set out below. 2022 - General Fund - Income and Expenditur8 (k= £OOOs) The overall deficit for the year after funds transfer of £27k to cover the post balance sheet event of an uninsured loss was £9k which following the move of people to St Mary's in Bearwood as part of the revitalisation project during the year was significantly belter than expected. The income increased to £780k from £767k in 2021 due to the reintrodudion of various ministries following the lifting of restrictions. Charitable income rose £13k whilst donations and gifts remained virtually th8 same at £762k due in part to a legacy of £10.6k and a grant from the Archbishops council of £9.2k towards fuel cosls.
St John's Church, Harborne, Birniingharn The costs increased year on year by £96k partly reflectlng the reintroduction of children and young people's activities early in 2022 of £15k a PCC gift of £14k to Link to Hope for Ukraine and increased building related costs of £64k. This included provision for the post balance sheet event of an uninsured loss for the replacement of part of the upstairs flooring of £27k. higher fuel costs and replament of the air handling unit. 2021- General Fund - Income and Expenditure (k= £OOOs) With the ongoing restrictions and also being out of the building until May the level of costs continued to be reduced whilst income was largely maintained. The Trustees continued to review the financial situation regularfy to ensure that the Church remained on Irack to achieve a surplus. The actual results for the year show a surplus of £46k compared to a surplus of £86k in 2020. The amount of £40K received from a legacy in 2020 was transferred to a designated fund leaving a net movement of funds of a positive £7K. Donations plus gift aid showed a decrease of £14K compared to 2020 at £741 K whilst other income decreased by £42k mainly due to the legacy of £40k received in 2020. Costs were £20k lower than in 2020 due to a reduction in staff salaries £41 k offset by an increase in building relatsd costs {£23kl as we re-occupied the Church and started our activities following the completion of the building project and the lifting of restrictions. Charitable income showed a reduction of £3K from £7K to £4K which reflects the loss of income from toddlers, children and youlh ministries due to the reslrictions and not being able to meet and take the older groups on trips away. 2022 - Restricted Funds (Note 12 Church Funds) Bridge Building - A donation of £5k received in 2022 towards the costs of the various initiatives. Resurrection Church- The financial support for the Church in Beirut was £20k. Worship Fund- A spend of£7k on new musical instruments leaving a closing balance of £8k. 2021- Restricted Funds (Note 12 Church Funds) Resurrectlon Church- The financial support for Ihe Church in Beirut was £26K. Worship Fund- A spend of £2.5K on purchasing an electronic organ for use in Church services. This leaves a balance of £15.5K at the end of the year. 2022 - Designated Funds (Note 12 Church Funds) Houslng Fund- The current 3 properties are all included at fair value of £1.038K which is an increase of £99K from the position at the end of 2021. The market value of the propety on Milford Copse has, after taking advice, been left unchanged whilst the Crossway has been increased by £75k and the 36% investment in Ducklington increased by £24k. The Trustees believe that this is a fair reflection of the income that would be derived from any sale.
St John's Church, Harborne, Birmingham Building For Misslon- The fund has now closed and has a zero balance al the end of 2022. During the year the final contraclual commitment in the payrnent of the retention monies was Completed. The remaining balance. given towards the tithe, was used as gifts lo other organisations. A full analysis of lithe payments from the Building for Mission fund is shown in note 8. Legacy Funds- A closlng balance of £193K. Two Thirds of a legacy received in 2021 £180K plus £40K received in 2020 were held in a fund at the beginning of 2022. As a post balance sheel event a total of £27k has been transferred to the general fund to cover the uninsured repair costs to the flooring on the 1 St floor. Part of Ihe other legacy is to be used during 2023 lo pay for a debt support manager. 2021- Designated Funds (Note 12 Church Funds Housing Fund- The current 3 properties are all included at fair value of£939K which is an increase of £60K from the position at the end of 2020. The market value of the property on Milford Copse has been reassessed whilst the others remain unchanged from 2020. The Trustees believe that this is a fair reflection of the income that would be derived from any sale. Buildlng For Mlssion- The current balance of £251k includes income accruals of £36K being the remaining pledged income including gift aid and also a third of a legacy left to the Church of £90.4K. This represents the remaining money held by the trustees after paying for all the buildinglrefurbishment costs. The only remaining contractual commitment is payment of the retention monies and is shown at note 13b ofthese accounts and is £85K in 2022. The balance, given towards Ihe tithe, will be used as gifts lo olher organisations dunng 2022. Legacy Funds - A closing balance of £220K. Two Thirds of a16gacy received this year £180K plus £40K received in 2020 are held in a fund and will be used during 2022 and beyond. Resorves Pollcy The policy of the PCC is to distribute its reserv8s in accordance with mission of the Church of England while ensuring that there are sufficient funds to cover cash flow requirements relating to committed expenditure. At the end of 2022, the PCC held a total cash fund of £547k and the overall unrestricted fund for the Charity was £1.5m. General Fund There was a posllive balance on the general fund of £287k {£296k 2021) against a policy reserve requirement of holding no less than £125k. Fixed assels in the designated property housing fund £1,038k {2022} and £939K (2021). The policy of holding no less than £125K has been based on the need to have sufficient in hand to pay salaries and cover other commitments for a minimum of 3 monlhs. There is an opportunity to borrow against the properties owned by the PCC at 2 Milford Copse & 77-79 Vivian Road and in extreme circumstances this could be called upon. Almost all the
st John's Church, Harborne, Bimiingham charitable income comes from Ihe members of the Church and so any reduction is immediately apparent and steps can be taken to either increase income or reduce costs as appropriate. The PCC therefore consider the current larget of £125K is entirely appropriate. Global Partner Support and grant making pollcy The purpose of Global Partnér Support (GPS) is to resourc8 mission lo extend Jesus, Kingdom outside Harborne (resourcing mission to re8ch the world? and is part of the whole mission of the Church. The objectives of Global Partner Support (GPS) are.. To promote interest in local and global mission. To contribute to equipping members of St John's for mission. To support and nurture people as together we seek to discern God's calling on their lives. To develop, maintain and apply appropriale policies for the selection and support of candidates, projerts and agencies. To support our mission partners. To coordinate prayer for our mission partners and projects. To review supported projects. To manage GPS budget. GPS is an executive body working under the direction of the PCC. Their financial role is to distribute the budget allocated lo the GPS in accordance with agreed guidelines and within a framework presented to and approved by the PCC. Typically the monies are used to support mission at home and overseas Ihrough grants made to individuals and organisations that normally have some association with St John's. In addilion. the GPS leams bring this missionary work lo life within the congregation through arranging vocation days, prayer and contributing to services focused on mission and the missionary links that are supported. Plans for the future The current plans for the future ministry of St John's are affordable. Cash flow will continue to be monitored and action taken as required ensuring thè financial wellbeing of the Church. We continue to ascertain how we reach out lo the comrnunity around us and continue to grow the outward focus of the Church. There are many activities which God has blessed at St John's over the years. We are seeking the Holy Spirit's guidance lo discover how our existing mlnistries will continue to develop. The launch of Bridge Building activities occurred in 2022 with the aim to reach out to the community in new ways without losing old connections. The 4 bridge building task groups put forward plans as to how we develop new ministries in areas of Wellbeing, Social Justice and Transformation, Hospitality and Crealive Arts. As mentioned eadier this has resulted in the launch of the recovery ministry, community café, warm space, Introduction to English course and Friday community meals.
St John's Church, Harbome, Birnilngham We also need to hear God's call to pray for labourers to be sent to the harvest especially where some supporters are no longer able to serve in the ministries which will continue and expand. The Trustees are also focussing on the other actions we have been pursuing as we look to the future and continue to listen to God for direction. sin the previous 5-year Mission Plan of 2017, in God's grace we hav8 seen significant fwit - including our renewed and extended building, our first church plant in over 30 years, and our Bridge-Building ministries underway. We would also have loved to see more of our aspirations tum into reality. Our new 5-year plan helps us to focus on the things that we believe God is calling us to in the days ahead, as we combine some of our unfinished business with new emphases. All the details and emphases of our Vision and Values Statements (found on our website) remain in place. What follows simply sets oul the things that God seems to be calling us to focus on in the coming days. Building on all thal God has been doing in and through us, in the next 5 years we are praying for and working towards becoming a Ghurch that evemiore has A heart for God, our city, and the nations Our simple strap line mission statement encapsulates who we are and what we're called to. Below are a number of new and renewed goals we have prayerfully set, which are based on the focussed aims that follow. In the next 5 years we plan to aim towards- 1. Another church plant. 2. Growth: 100 new Christians,. 120 new members of small groups.. and everyone seNing in at least one ministry within or beyond St John's. 3. More cultural diversity in our leadership. 4. Regular teaching on cullurally relevant issues. 5. Regular teaching and small group material on Discipleship and Freedom issues. 6. At least two ministries from each Bridge-Building ministry area fully established. 7. More Worship Leaders. and encouragement of small group worship life. In summary.. Build our community Be more outard looking Win more people for Christ Be a resourcing and training church Have a welwming presence on the High Street In Harborne Going Concern & Futuro Uncertaintles 1 Impact of Church revitallsation project and the contingent liability relaling to the replacement of damaged floorlng. The Trustees are carefully monitoring the current situation and the financial implications of having undertaken the revilalisation project at st Mary's Beamood which has resulted in an expected reduction In income from Church members in 2022 and 2023 as they have
St John's Church. Harborne, Birmingham made the move to St Mary's. Income is being monitored closely and the general fund cost budget for the y8ar ahèad has been sel at a reasonable level and shows a reduction year on year. Reduced cost budgets have been set for 2023 and various actions have been planned for the year ahead with the aim of breaking even by 2024. b. It is expected that there will be SLrfficient funding available in the legacy fund to cover the cost of replacing the damaged flooring in the main building. The overall costs are forecast to be less than £40k and the money held in one of the funds is sufficient to cover this cost without any adverse effect on the general fund. 2. - Other - The Trustees are satisfied that St John's has adequate resources to continue to operate as a going concern for the foreseeable future and have prepared the financial statements on that basis. The Trustees are not aware of any material UnrtaIntieS that will affect the charity's ability to continue. Reference and Adminlstrative Infomiation Charity Name The Parochial Church Councll of the Ecclesiastical Parish of St John the Baptist. Harborne (St John's Church, Harborne) Charlty Registration Number 1132862 Principal Office and Régistered Address St John's Church High Street, Harborne Bimiingham, B17 9PT Solicitors Prima Bankers Inde endent Examiner Anthony Colllns Solicitors LLP 134 Edmund Str8et Birmingham Lloyds Bank PLC PO Box 1000 Andover BX1 1LT Helen Bur)dell MHA Macintyre Hudson Rutland House 148 Edmund Str88t Birmingham, B3 2FD Seconda Bankers.. CAF Bank LTD, 25 Kings Hill Avenue, West Malling, K8nt ME19 4JQ Trustses. (PCC) responsibilities statement The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United ngdoM Accounting Standards (United Kingdom Generally Accepted Accounling Practice}. The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that period. In preparing these financial statements, the Trustees are required lo-. select suitable accounting policies and then apply them consistently.. observe the methods and principles in the Charities SORP 2015 {FRS 102),. 10
Sl John's Church, Harborne, Birmlngham rnake judgements and estimates thal are reasonable and prudent., state whether applicable accounting standards have been followed, subjecl to any material departures disclosed and explained in the financial statements., and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities {AcGounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable sleps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for Ihe maintenance and integrity of the charlty and financial informalion included on the Charity's websile. Legislation in the Uniled Kingdom governing Ihe preparation and dissemination of financial slaloments may differ from legislation in other jurisdictions. Independent Examlners for 2023 MHA Macintyre Hudson has also expressed their willingness to continue In office and will be proposed for re-appointment at the Annual Parish Church Meeting in April 2023. Approved by the PCC on 27th March 2023 and signed on its behalf by= Revd Leonard Browne, Vicar PCC Chairman Mr David Harv8y PCC Treasurer
St John's Church, Harborne, Bimiingham INDEPENDENT EXAMINERS, REPORT TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF ST JOHN'S CHURCH HARBORNE I report lo the Charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2022 which are set out on pages 13 to 27. Rosponsibililies and basis of report As the Charity's Trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'lhe Act,). I report in respect of my examinalion of th8 Charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515){bl of the Act. Independent oxaminerfs statoment confirm Ihat l am qualified to underlake Ihe examination because l am member of the Institute of Chartered Accountsnt in England and Wal8S. I have completed my examination. I confim that no material matters have come to my attention in connection with the examination giving mè 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 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the applicable requiremenls ConmIng the form and ontent of accounts set out in the Charities {Accounts and Reports) Regulalions 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matt8r considered as part of an independent examination. 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 accounls to be reached. Signed.. N8me.' Helen Blundell LLB FCA FCIE DChA Member of the Institute of Chartered Accountants in England and Wales MHA Maclntyre Hudson Rutland House 148 Edmund Street Bimilngham B3 2FD Date: 29 March 2023 12
r¥ J41 272 JbT.VA I,*Ji, 15A51 13
AccF£ilmEvA8gxrJljTDcw1A21 Fth1 35Ql 1 Fl.iS¥ 1N27 1rnlJ 1.42T.aB (7JgTr) rJ2•.Wl i.1ia.OID 14
4439 I47. .154 111)A l*&y 9).21ts 1S
F¥r IW.2 16
Tq 117th 4aAr .172 72&.1$5 C*th {IY2wJ 171 E•Dh 1.J57.070 JIAJS 111. r4 S70 17
ST JOHN'S CHURCH. HARBORNE, BIRMINGHAM NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2022 Note 1: Accountin olicies for the ear ended 31st Decembor 2022 The financial statements have been prepared in accordance with the Accounting and Reporting by Charities: Staternent of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard IFRS) FRS 102 and current Church Accounting Regulations. The financial statements have been prepared to give a "true and fair view and have departed from the Charilies (Accounts and Reports) regulation 2008 only to the extent required to provide a °true and fairf. view. This dèparture has involved following the Charities SORP FRS 102 published in Oclober 2019 rather than the Accounting and Reporting by Charities Statement of Recomrnended Practice effective from the 1st April 2005 which has since been withdrawn. The financial statements have been prepared on a going concern basis under the historical cost convention, modified lo include certain items al fair value. The financial statements are presented in sterling which is the functional Currency of the Charity and rounded to the nearest £ whiGh may result in some rounding differences. The Charity constitutes a public benefit entity as d8fined by FRS102 and is registered as a Charily in England and Wales. Ils principal office is St John's Church, High Street, Harborne, Birmingham, B17 9PT. The signrficanl accounting policies applied in the preparation of these financial stalemenls are set out below. These policies have been consistenlly applied to all years presented unless otheiSe stated. (a) Funds Unrestricled funds Represent general funds which can be used for PCC ordinary purposes. Funds designated for a particular purpos8 by the PCC are also unrestricted. Restncted funds- Represent." {a} Income from trusts or endowments which may be expended only on thos6 restricted objects provided in the tenns of the trust or bequest. and (b) Donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for whlch they were given. Any balance remaining unspent al the end of the year must be carried forward as a balan of that fund. {b) Income Voluntary income and capital sources Planned giving and donations receivable under gift aid is recognised only when received. nev0 08/2016 18
ST JOHN'S CHURCH, HARBORNE. BIRMINGHAM Note 1: Accounting policies for the year ended 31st December 2022 (Continued) Income tax COverable on gifi aid donations is recognised when the income is recognised. Collections are re¢ognis8d when received by or on behalf of the PCC. Grants and legacies lo the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is probable. Income pledged towards the Building for Mission project along with any associated gift aid is recognised as soon as the PCC is notified of the pledge. c. Expenditure Expenditure is recognised on an accruals basis as a liability is incurred. Church actlvities The Diocesan common fund is accounted for when paid. Any amounts unpaid at 31 December are provided for in these accounts as a constructive {though not a legall obligation and is shown as a creditor in the Balan Sheel. Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third paty, it is probable thal s8ttlemenl will be required and the amount of the obligalion can be measured reliably. All costs are allocated belween the expenditure categories of the Statement of Financial Activities on a basis designed lo reflect the use of the resource. Costs relating to a particular activity comprise both costs that can be allocated directly to such activities and those costs of an indirect natLrre necessary to support th&m. The delivery of our public benefit of free public worship open to all is dependent on us having the ne$Sary buildings to be able to deliver that benefit therefore the allocation of the costs relating lo the Church, Crossway and Clergy housing has been allocated as a direct cost. Grants and donatlons made by Global Partner Support and PCC Grants and donations are accounted for when paid over, or when awarded. if Ihat award creates a binding obligation on the PCC. Operating Leases Rentals payable under operating leases are charged to the Statement of Financial Activities on a straight line basis over the term of the lease.
ST JOHN'S CHURCH, HARBORNE, BIRMINGHAM Note 1: Accounting policies for the yearended 31M December 2022 (continued) Pension Scheme- Auto Enrolment Employees are enrolled in a defined contribution pension scheme and the employer's contribution of 30/0 is paid monthly to the Birmingham Diocese who administers the scheme. Holiday Pay Accruals The annual holiday period runs from the 1 St January to the 31 St December each year {same as financial reporting period) and annual leave is expected to be taken during the year on a "take il or lose it" basis. Normally any remaining at the yearryend would be only a f8w days and therefore considered insignificant but an accrual covering 18 days built up due to sick leave has been accrued in 2022 with nothing in 2021. (d) Flxed Assets Consecrated land and buildings and movable church furnishings Consecrated and beneficed property is excluded from the financial statements by s.10 {21 (al of the Charities Act 2011. No value is placed on movable church fumishings held by the Church Wardens on special trusl for the Parochial Church Council and which require a faculty for disposal since the Parochial Church Council considers this to be inalienable property. All expenditure incurred during the year on consecrat8d or beneficed buildings and movable church fumishings, wh6th6r rna1ntenan or improvement, is written off as expenditure in the Statement of Financial Activities. Freehold land and bulldlngs used for charftable purposes & Investment properties The properties held by the Charity are revalued from time to time as necessary and have been included at estimated fair value. (e) Current assets Amounts owing to the Parochial Church Council at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prov8 uncollectsble. Short term deposits inciude cash held on deposit at the bank. (fj Going concern The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expendilure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the Charity to be able to continue as a going concem. (g) Judgements and key sources of estimatlon uncertainty In applying the accounting policies the Trustees are required to c£Jnsider judgements made and key sources of estimation uncertainty which might have a significant effect on the amounts recognised in the financial statements or impact on the carrying amounts of assets and liabilities within the next financial year. These include estimations of the fair value of fixed asset investmenl properties. and tangible fixed asset properties.
QTESTo7HE*4IR Iq51 41 13SJ t1&&N 2fiJ 72 ¥•?$ Fur 21
OiWIFQRII4EYEAFEWED>isfllEGEIIIIRJ•J2 ÉEEIZ kn¢4 161.2•1 11q.17T 1017 1QJ.rn 17.1 iJ& 134 rF• I1 153X• F)li 247 17 4FJ 2A 13.n 11 )1 150.llq 24.4 iiSJi4 22
l2 24N1 lllA35 •272 F720 J37 JJD izv Cth*thLyP+M
¢w 724.$1 JA 931 4.2 C** 70 la.7to X¥T¢ 17 24
171. 25
THEYEIAEMrjinEtBERlZ 141 •10 45ty Is66 i>J V¢w*•Fr4 151231 1¥3 77 7O1.DBD 679.15 Isiz t71 T1
yrI Y) 17 *1 i•zi 747 ¢v