REGISTERED CHARITY NUMBER: 1133346 Report of tbe Parochl41 Church Council and Unaudited Financial Ststements For The Year Ended 31st Deeember 2023 for THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST OSWALD, KING AND MARTYII OSWESTRY R Harvey-Robson F.C.C.A. Azets Column House LA>ndon Road Shr¢wsbury SY2 6NN
THE PAROCHIAL CHURCII COUNCIL OF THE ECCLESIASTVCAL PARISH OF ST OSWALD. KING AND MARTY[( OSIITSTRY Content5 of the Flllan¢l¥l Stitements for the Year Ended.Ilst December 2023 Pa8e Rwt of tb¢ parh1o1 Chur¢h Coun¢il Itts2 tndepend¢nt Examinees Rqrf)rt StatEmt of Financial Aetivitie8 Balanee Sheet Notts to the Financial Statements 6t015
TIIE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST OSWALD, KING AND MARTYIL OSWESTRY Report of the Parochlal Church Coulleil for the Year Ended 31st Deetmbtr 2023 Th¢ Parochi Church Counal pres1 their rqM)rt with the financiaj Mtryn¢nts of the charity forthe yearended 315t Dernber 2023. Thc Parochial Church Council havc adopted the provisiS of th¢ StateMt of Re£(rtmnertded Prarti¢¢ (SORP)'A¢¢ountin8 and RerMTrntng by Charitics, issued in 2015. REFEPENCE AND ADMINISTRATIVE DETAILS Registered Cbarity number 1133346 Princi1 addw$ Th¢ Parish Chur¢h of St Oswal(L King andm Church Street Oswe5ty Shropshir¢ Syl 12SY Par•thlal Churth Coundl Rev H GibiK>ns (CtLaitThan} Mr D P Emsoll Mi$8 E J Williams Mr P R Crosby Mrm W DoDkin Mts L ClaTke Mr8 F Major Mr A Ne41e Mr8 J Chesworth Mrs M Jon¢s Mrs F PvarsvD Ms C Boultort Mrs MC Crosby MrJ Abram MrJ Abbatt Rev Yin-An Ch Rev J clI10-BleY Mrs J Chippet-williams M8 R Evdns MrR Major Ms S Wright Retird 22nd May 2023 Appoint¢d 22nd May 2023 Appoinicd 22nd May 2023 Appoinioj 22nd May 2023 Appoint8J 22nd May 2023 Illdependent Eixmirttr R. HarVeY-Robn F.C.C. Aze Column House London Road Shrcwsbury SY2 6NN STRUCTURE, GOVERNANCE AND MANAGEMEiYr Gov*rnIng dotllment Parochial Church Couttcil )x)wers measkwe11956) as amthded and ¢hurth rwes¢utstiou rul¢& Rlsk m#DagemetLt The Parochial thureh cJ¢11 have a duty to identify and t¢wiew therisks to whicll th¢clLarity is ¢xposol and to •)we appropriate controls are iJJ place to provide reasonable assurance against fraud alld ern)r. Sgfryuardlng Th¢Paro¢hial Church Coun¢il h&% adojxed the Die¢¢satt and Church of Ett8lartd )ll¢l in this red. Page I
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST OSWALD. Kif4G AND MARTY OSWESTRY Report of the P#ro¢hial Church Council for the Year Ended 31st December 2023 ON BEIIALF OF THE BOARD: Rcv H Gibbons &inan) . PaTYKhial chUh Council monb¢r 18th March 2024 Page 2
INDEPF.f4DENT EXAMINKRIS REPORT TO THE P.C.C. OF ST OSWALD KINC AND MARTI, OSWESTRY This rwort on the fiDaocial ststan¢iLts' of th¢ P.C.C. for th¢ y¢ar dl31. Decemkr 2023, whi¢h ar¢ 8d out on pa8&8 4 to 15 1$ in respttt of an exaMin]0n Carr1 out in aco)rdan¢¢ with th¢ Chwrh Accounting Regulations 2(K)6 ('th¢ R¢gulations') and &43 of thc ChaTitie5 Act 2011 {"th¢ Ad"). RESPECTIVE RESPONSIBILITIES OF THE P.C.C. AND INDEPENDENT EXAMINER TheMnber8 of the P.C.C are re5P)TL5ibl¢ ffjr thE prq)arxtion of the accounrs and n8]d¢T that 8Th audit is not required for thi$ yearwider lon 144121 of th¢ChltieS A¢t 20111th¢2011 Act) 8ttd that an indwd¢nt 18 needd. It ismy restxmsibilityto ¢xamin¢ th¢ aecouttts ndstiOll 145 of the 2011 A fvllow th¢proc&Jures laid down in th¢G<I DiwtiuDs givak by the Charity Commissioners $tion I451SMb) o(th¢ 2011 Ac4 atsd stat¢ Wheth particular mattershav¢ come to my 110. BASIS OF INDEPENDENT EXAMINERIS STATEMENT ty exaTninati4m ¢wYi¢d out in accordance with the G¢nfflal DItiOnS given by thecharity Commission. At) examinati¢)n in¢luths o review of the a¢ntIng rS keptby the P.C.C. and a compaTiSIM] of the accounts PT¢sented ryth those r&ord& IT also inLludes consithraiion of any unusual iteJn5 or disclosures in the accounts. and sc¢king explanations from th¢ T[WBeIeI Committee eon¢ernin8 aAJy wch matt¢TS. The prUr¢S undertaken do not provide ail the evidence that woulii b¢ requirttl in an audit, and consequtlY no opinion is given as to Ivhdhct thc accounts Presfflt a and faxr vi¢W and the rqjort is limitvl to thos¢ mattus set our in the rL¢Xt 5tatern¢nL INDEPENDENT EXAMINERIS STATEMENT lrt ¢onne¢liot) with my examination, no Jnattw&hB com¢ to my attaition which 8Lve me rcasonable caut0 kliev¢ thot in any material thcrequiremfflts tokry arGwtltirtg in accordan with &130 of the 2011 A¢ or to Pf¢Pgre a¢counts whi¢h accord these OuntingreCOrdS and comply wilh th¢ rt4w1rtt)l8 of the 2011 Act have not Tn¢ or to which, in my opinion, jitaitiott should be drawn in ordcrto enable aproptrurbderstsnding of the accounts to be tewhed. R HaTvey" bson F.C.C.A. Column House LmdoTh Road Shrew5bury SY2 6NN 18th March 2024 Page 3
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST OSWALD, KtNG AND MARTY14 OSWESTRY ststement of Fittanti Attivities for the Year Ended 31st December 2021 2023 Tota] funds 2022 Total fund5 See note 10 for full Unrestricted Rcstricted funds funds Notes IntomlDg Resources Ik>nations and L£gacie5 ChaTitabl¢ AdiNIti&g Oth¢rTJ7ding ActiTrlli¢5 Investsnents 2a 182,780 18,769 12,943 212 653 8.104 183.433 20.933 12.943 21.290 111.726 22.151 11.051 19.373 2d T•)tAI 235,782 8,817 244,599 164.301 R¢wllre¢8 EXpded Raising Funds Ch4ri¢4ble A¢tiwti¢s 38 3b 153.531 8.800 4,175 8.800 157,706 9,453 140,641 153,531 12,975 166.506 150,094 N¢1 gaittllloss&s) investsnent DePlatiOn on fithl &s¢¢4 ¢harity's own us¢ 10,622 (4,582) 10.622 {4.5821 {4,999) Net IncotndlExpgJditure} 88,291 14,158} 84,133 9,208 Tr8n5frr brtw¢¢n fi]nds 12220) 2220 86.071 1,938) 84,133 9,208 Trfl fxnds brou¥bt fonYArd (1st Jan) 675.726 71,295 747,021 737.813 Total rDd5 c*rri¢d f¢Thatd (31st Det) 761.797 69.357 831.154 747,021 Page 4
THE PAR(HlAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST OSWALD. Kll¥G AND MARTY OSWESTRY BAlaDoe Sheet At 31st Detembtr 2023 2023 Totsl funds 2022 Totsl fuTLd5 Notes Fiit41 A&¢ts Tangibl¢ Ass¢tS Invtsttt)et)t Asscts 5a 5b 18,327 666,957 656,335 685,284 656,335 CurreD Assets Bank Current a¢¢ounts Bank deposit ae¢ouJJts CBF dewit fund 5.602 65.868 20.443 257 195 11,685 123.402 25.983 StrKks D¢btors 125 IOJ58 159,985 I1.050 Ll•bilitie5 due in ¢ yr Bank CUrrt accoiiDts Creditors {1239) {12,8761 (13,364) Nel CurreAt A8getsI(Llabllltl 145.870 90.686 TOTAL NET ASSETS 831.154 747,021 Parlih FndS Unrestricted fiulds liestrie thThds 761,797 69.357 675,726 71,295 TOTAL FUNDS 831.154 747.021 Th¢ fin4n¢io1 statements were approv8J by the Parothial Chyrch Council on 18th March 2024 and w¢re signed on les bthaif by.. R¢v H Gib Chaim) . Par(Khial Church Council memb DPEvis A. Choimiatt of Financecommittce and Trcasur¢r Th¢ Attachtt0te3 fonnfv of these financial Statunts Page 5
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST OSWALD, KING AND MARTYIL OSWESTRY Notes to the FIDaDclal Stxtements foT the Year Ended 318t December 2023 l Attountth P 11 I The financial stltemettts havc bcen PT¢pard in ucrdanCe with thc Stat¢m)I of Rtrommendtd Prxtic¢ for ChATiti& ISORP) and applicablc itcounting standard FRSIO2. The flnanci ststemethts havc lcn PTtpard under th¢ hi5tori¢&l co%t conVtion except forthc valuation of investment aSqLS, whi¢h are $hOM at maTk¢t valuc. Thc financial statem18 includt all trttnsa¢tion5, assets and liabiliti¢8 for whi¢h th¢ PCC is fuFK)nsiblc in law. They do not include the accounts of church groups that owe their maitt affiliation to another blY nor thos¢ that are informaj gath¢ring5 of Church mmbus. Casb How Ststement The Charity has takcn advantsge of the exry)tion in FRS102 from th¢r¢qutr¢mtht to produtt o cash flow Statemt on the grounds that the income does not exceed £500.000. Desc)1 lou of Funds Restritted fuDd5 comprÉseof two e]emeDts'.- al income trom trusts or cnilown¢nts which may b¢ ¢xwd¢d onlyon thoserestricted objects ]xY>vidxl in th¢ t¥rn of the trust orbequest b) dvnatiuns or grants iVed for a sP]fiC object or invited by th¢ PCC for a specific objLft. The fvnds only be tAp¢t)dui on the5plfiC objed forwhich they were given. ADY ba[all rettL4ining unswt ai the end of vach year musi be carried forward as abelanc¢ on that fund. Th¢ PCC do¢b not uswally invest SfWt¢ly for¢ach fund. Where ther¢ 18 no separat¢ invcstment, itst¢tKst is ap[K)rtion lo indiwdual funds average balance b15. Unrestri¢ted funds are income funds which are to b¢ spent on the Pccs gcnerai putpose. Incomin Resouree5 Plann¢d giving. coll(xtions and donations recogn18ed wthen receiv. Tax refjjnds arcr¢w8nised whcn thr inCOTning rcsourcc to which they rejate is received. GraThts and LLgacics arc ac¢i>unted forwhen the PCC is legally entiiled lo the amounts du& DiNidends art a¢courtt¢d frjr whth rc¢ciTrbl4 jllter&%t is accrued. A]1 other income i. T&M)Bni8&1 whaj il is revable. All iftwmin8 TeSOUf¢Q£ are a¢¢ountcd for8ross. Resourees Ex ded Grants and donations are accounted for when paid over, or when awaxdfxt if that 8WÈTd cttts a binding or nsnuctive obligation on th¢ PCC. The di(watt Fdrish shar¢ is accounted for when due. Amounts tE£eived SPEcifically for missi(m dre deult vrith as r*tricted fvnds. A]1 other expEnditur¢ 15 gOllY T¢¢0]d wh¢n it is itteurred attd is account&1 for w&s. Flxed A55et5 Consecrated and Bet)efJc¢ Propttty is not included in the acclwnts in accordanc¢ with s.10 { 21 l a l & I C l of the Chariti¢5 Art 2011. Movable church fiythishithg.% held by the Vicar athd Churchwatdths oth spetial tnLSt forthe PCC And which require faculty for disposal are inglienable propety, li51d in thE Church's illVEntory, which (zn be inspected (at any reasonable timel. For anything acquired prior to 2(MX> there is insuffLcient cost information awailabl¢ and thtt¢for¢ such assets are not valud in thcfinancial 5talrmet)ts. Illvestmtnts Jnvestmefits vaiucd at marketvalueon 31st Dmnb¢r. Investment TO Invtstmfflt prortY is showry] at th¢ most teL1 valuation. Any awe8ate surplus or defjcit arising from changES the mark¢t valu¢ i5 tranSfr1 10 arevaluation reser Stocks are U¢d at the lowff of cost and n¢¢ T¢4]isabl¢ valu4 aftw ]naking th]E allowatsce for obsolete and slow mowng itons. The charity is exempt from tax on its ¢haritabl¢ l¢titi Htre r¢ha5e least comThitmettts ReJJLils paid under 0ing leasts are charged to the ststement of financial aLXivities on a thight-line basis ovtt the p¢ri(xl of the le. Pag¢ 6
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PAIUSH OF ST OSWALD, KIIYG AND MARTYIL OSWESTRY P41)tts to th¢ Flnakncthl Ststements- tonthiuert for tbe Year Ended 31st De¢embEr 2023 INCOME AND ENDOWMEIYTS FROM: 2023 Total fLwds 2022 Total funds Ut)ttstria¢d Restricd funds fijnds 2a Donatlolls gttd Leg8de5 Incum&Rece¥ Tax etficittjt planned 8iVin8 Other planne<i giving Collection8 at strvices AJI othLT giving aDd voluntary rtsxipts in¢ludin8 Speci 8ppts]$ Gift Aid R<DvLYl tKgaci¢s r¢c¢ivthfj 56217 5.420 14.511 56,217 5,420 14511 60.163 5,392 12.926 13.168 18.017 75.447 653 13.821 18.017 75.447 13,716 19,029 51x1 182,780 653 183,433 111,726 l) Ath#lysLs 1)f Tx effl¢l¢rtt plttlled glvkng Bk DoDations Regular Envelo 34.337 21.880 56,217 2) Allly¥i$ of C•ll¢EoDs at 4enl¢¢g Whit¢ Envelo Lws¢ plote ¢oll¢¢tion$ Coll¢¢uons- BaNisms col1[10n$- Hosn¢ Communion$ C<>llcctions- Wddings colltiOn8- Spla] 4.630 7.403 495 336 1.243 14.511 31 Att#lyiis of all other givittg aDd volutttw reteiptg IA¢llldlng #petlal appulg Donations- Church Donations- Chariiaes Donations- Orgatt Fund- Restricted Donations- Or8att Fund- Unrestricted Donations- Flowtr Furtd Wall safes Donations- Fun•xls Donations- Placeof Welcome 5.013 1,422 653 1.164 415 3,081 1562 511 13.821 Pag¢ 7
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST OSWALD, KING AND MARTYIL OSWEsfRY Notes to the FlnaDtIAI Statemertty- totttinued for the Year Ended 31st Detember 2023 JTr4COME AND KNI)OWMENTS coTrrriNUED: 2023 Totttl nds 2022 Total Unnstricted RL8tricted fijnds nds 2b Charitable AetiTrities Churrh Adivthffs Statutory Ftts (rctainLryJ by PCC} Summer Fete Fundratsing A¢tivitie8 11.704 1.217 l2.921 12,983 7,065 6,947 14,012 9,168 18,769 8,164 26,933 22,151 2e Other TradlDg ActlTrltles Acliviliesfor GeMeMliNg FHnds Chur¢h Hall Hire Church L¢tti]Jgs Lower BJ¥)ok Street Rent Lichfield tliuceaan- D*4)ratorfs S¢hem¢ Parish Maga7itK & Bookstall 330 2,820 8,400 336 2,820 8,400 299 7,108 1,387 387 1.244 12,943 12,943 2d Investmentj Dividends Bank Inter1 19,288 2,002 19.288 2.(M>2 19.077 296 21290 21,290 19.373 TOTAL 235,782 244 8 817 99 164.301 Pag¢ 8
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST OSWALD. KING AND MARTYI4 OSWTSTRY Not¢ to the Fln•n¢141 St41emeDts- conttrtued for tILe Yur Endd 3181 Drf¢mber 2023 EXPENDITURE ON: 2023 Total 2022 Total funds Unrestrict1 Rtiided fimd8 fvnds 38 Ralslng Fund Costs of GÉnerath8Ittcm¢ Fete6 & Funth3ising 8,800 8.800 9,453 8.800 8.800 9,453 3b Ch*rltsble Acthltles A¢111¢$ Mission giving and dot)ations Diw¢5An Parish Share Salari&Wag¢s Clttgy attd Staff Expe41Se5 7229 45.757 24.135 6565 45.757 24.651 7,591 45,757 25,4101 7,591 750 Chwch £¥penses Church rLnIng ¢XPE4)S urch utility bill$ Cost of trading 15.052 20,114 15.714 2,974 18.026 20.114 16.165 8.211 19,447 22,401 451 Mdior Copitsl Eyptsdithre M&jor to the (JJLwth 13.493 l3.493 3,381 GovernAnce Cost5 3,553 3.553 3,515 153.531 4,175 )57.706 140.641 TOTAL 153,531 12.975 166,506 150,094 Page 9
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST OSWALD, KING AND MARTIR OSWESTRY Not¢s to th¢ Fithfjnei•l Stat¢ments- contlnued foT the Y¢*r Ended 31st December 2023 4% STAFF COSTS 2023 2022 Salaries 25.401 24,135 Durirtg theyear the PCC employed th¢ following rnankn of th¢ PCC.. 31.12.23 31.12.22 Mr M Donkin Ms C Boulton 5,673 0,552 5.394 6.240 12,225 11,634 ThÉy¢ vth¢T traton$ Trwle in rfspect of PCC Members, no PCC Memberreceived IKnefiL or reiTnbursem¢nt of travelling QT Other ¢xpen8e8. Sa FIXED ASSETS Freehold Buildings Church EquipmLXt Total At Cost As at 1st January 2023 Additions in the Year Disp)sats in the Yelr 22.909 22.9)9 Valu¢ at 31st Dff¢mb¢r 2023 22.9 Accumulated DepTeciation As ai Isi January 2023 aJ8rge for the Year Disw>sal$ 4,582 4,582 As at 31st Dembtr2023 4,582 4,582 Net Bk Value at 115t Decernber 2023 18.327 18,327 Net Book Vue at 31st De£embpr 2022 Page 10
THE PAROCHIAL CIIURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST OSWALD. KING AND MART OSWESTRY Notes to the Flngncial StstemeDt5- eolltitiutd for the Yegr Ended 318t DLYember 2023 Sb INVESTMENT ASSETS At 1.1.23 Addition5 Di5P05als Transf¢rs Chan8e in At Matht Value 31.12.23 UnrestrAded funds 374,304 220,} 654 10,622 385580 220.W It)vc8tment Propty. 14 b)w¢r Brotsk StreÉ Restrlrt¢d flluds Inve5tsJ)o]ts 62.031 {654) 61 J77 Tot1 656.335 10,622 666,957 There wcre iJ)V¢5tmqJt Outside the U The uDlistcd invtstments ar¢ Tnadc upof th¢ following: 31.12.23 31.12.22 ajurch of England ItLVCSttnent FutKi Church of England FixThl Interest Fund M&G ClwifiJtMI Lichfield tlii)ce5an Trust 156,632 25,386 183.940 81,OiX> 143,162 24,044 188,366 80.763 446,958 436.335 INVESTMENf PROPERTY MARKET VALUE At 1st Jaary 2023 Additiollal LN)enditure ang¢ ith Markd Value At 31s1 D%¢mb¢r 2023 220,0(KJ 220.000 NET BOOK VALUE A¢ 31st D#ember2023 220,(M)O Ai 31st 2022 220,000 Ikning 2011 the at 14 Lower Brook Street were discovued to have been tran&fared irtto Thc PCCS rtan. In light of tht4 the pror*ty h8$ been brought into the acrowits in 2011 at th¢ then Currctht market va]ue of £160.000.. 6 LIABILITIES 2023 2022 A¢¢nlS of Utiliti¢S Other Creditors 2.363 10.513 2.252 12,876 13,364 Pagell
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST OSWALD. KtNG AND MARTIR OSWESTRY Notes to the Fin#n¢ial Sttemen15- continned for the Year Ende4f 31st De£ember 2023 7 ANALYSIS OF NET ASSETS G1 R¢5trict Unr¢stTiCt funJ5 fvtLds Total Fixed Ass&s Inwcsttncnis Ass¢ts Current Asset5 Current Liabilities 18,327 605,581 150,767 {14,115 18,327 4566,958 158,747 61.377 7,980 760.560 69.357 829.917 STOCKS 2023 2022 Stock5 {PrayerCards & Notelets &c) 195 DEBTORS: AMOUNTS FALLING DUE WITHIP4 ONE YEAR 2023 2022 1.430 1279 4.154 4.976 1276 11.685 Diwdend Income Gifi Aid Otherdebtors 4.336 1.092 10.358 8 FUNDS RECONCILIATION Incoming Resources Ithvestment Transf Resour{ Exded Gainmosses be[We fLmd8 at 31.12.23 1.1.23 Utsrestrlrt Funds Gthal Futtd 675.726 235,782 6.040 12,220) 761.797 RLrfcted FuDd5 Oan Fut Flowcr Fund MotTiS Fund Wilfred Owen Fund ViL*s Diacretionary Futtd forPeeple ill Ne&1 For the Assistance of the Sick or Ncay Parishioners Fund obW¢s St Ann's Fund Sw)day School Fund Vicaes Discretionary Beautif110 Fund Boulton Trust Fund Friend5 of Music I Choral Foundation Bellringers BellringeFs- Bell Training Ladi&% Group Christmas Day L4]nch Morda School House Tnjst 2,973 1,069 145 753 653 3,738 1,109 145 781 40 28 567 567 9,290 12.430 492 3,079 15,432 ,005 3.236 937 1,977 905 17,005 71295 350 468 Y.640 12,898 492 105 10,013 (2.9741 10 581 6,030 I,S41 (7,026} (1,667) 12 13 14 Is 16 3.110 937 1.713 905 17.195 69.357 593 (857} (451) {12,975) 8,817 2,220 747.021 244,599 1166.51h5) 6,040 831,154 Page 12
THE PAROCHIAL CHURCH COUNCIL OF THE CCLESIASTICAL PARISH OF ST OSWALD. KING APM MARTY OSWESTRY Notes to the FIDancfal Statement5- ¢Olltlttued for the Ytar Ended 31M December 2023 N# nwv¢mwt in fimd8. included in the aknve as follows: Incoming Re50urcc5 R¢50ur¢es Expendsj Gain$ and Movement Losses Funds UnrestrItttd Funds al Fund 235,782 88291 R¢strl¢ted FuDds Organ Fund Flower Fund Morris Fund Wilfjrd Owen Fund Vi¢rfs Discrtlionary Fund for People in Neal Forthe A&8iSt8nceof th¢ Sick orN¢cdy Parishioners Fund Oswe8tty Si Ann's Fund Sunday School Fund Vis Di8¢retionary B<uttficIOn Fund Boulton Tmst Fut Friends of M$ic1ch1)ral Foundation Bellringers Bdlring¢rs- B¢ll Trai]ll8 Ladies Group Morda S¢h(rf)l Hous¢Ttust 653 653 12,974} {2,974) 6.030 1.541 17,026} 11,667) {9961 {1261 593 1857) 1451) (12.975) {2641 14511 14,158} 8.817 TOTAL NET MOVEMENf IN FUNDS 244.599 (IfjO.5Q6) 84,133 NOTES TO THE FUNDS Re5tridedFwids l} Orgll Fund This is u8e4J maintain the organ in St Oswald'8 church. 2) Flower FuDd This fund is held to endbleflowos to b¢ forthechurth throughout the year. 3) Morrls Fund This fjJnd is forthe upkeep of a munorial. 4) WIlfred Owen Fund This fvnd is held for the upkeep of the Wklfred Owen ]n¢morial. S) Ylc4r's DlscretlonAry Fund for People ID Need This fund is for small gifts for people in Thee(l at Viearf5 di8crction. 61 SldL or Needy PgrlshloRers Fund This futHI is io be used to assist parishioncrs of St Oswald's in titThw of [)Dr health and hardship. Thc funds were 8iVrn to St 05wald'3 in g fdlow parishionds will. 7} 05westry St ADrL'S Fund This was genuated frL¥n th¢ sal¢ of St Ann's chaFd af Morda ond 15 held b¢ US for Projt. Pag¢ 13
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST OSWALD, KING AND MARTYIi OSWESTRY Notes to tbe FlnDdal Statements- eoDtIRued for the Ye4r EDded 315t December 2023 8) 5uDday Schod Fund This is held io support the Sunday School at St Oswald's cburch. 9) Vlur's Dl8er¢tlon•ry B¢4lltllk•tlon Fud This fvnd is h¢ld forrapilal proj1s'. 10) Bouliou Trnst Fund This fund is held forcapitaj project& 11) Frlends of Mll5Ic I Choral FouDdatton Fund This fund is used for th¢ Frid5 of Mu5ir Group. 12) Bellrluger5 Fund This fvnd is u8ed for the B¢JIring$ group. 13) Bellringer¥- Bell Trnithing Fund This fvnd was estsbIish to assist Bcllringcrs training. 14) Ladles Group Thi% nd 1% u*cd ferthc ladies fellowship 8tr>wTr. IS) Chrlstmas D8y LuDth This fi]nd was tstablish to 0VIde fimds theChri8tti Day Lunch Project 10) Mord8 S¢hool HoDs¢ TrDs¢ This fund is to be US for youth and family work within ourParish. RELATED PARTY DISCLOSURES Mr D. P. Evisott, F.C.A. is a partner in Garner Pugh & Sinclair who ar¢ paid £2,950 plus VAT{£3,540) for Accounting atml Administration suvices. Pagc 14
THE PAROCHtAL CHURCH COUIYCIL OF THE ECCLESIASTICAL PARISH OF ST OSWALD. KING AND MARTY OSWESTRY Note5 to the Financial Ststemettts- t•ntithutd ror the Year Ended 315¢ Dettmbtr 2023 10 STATEMENT OF FINANCIAL ACTIVITIES COMPARATIV£S {PREVIOUS YEAR) 2022 Tothl fimds Urfftxtticted R&%tri¢ted funds fund$ lo¢oming Rt$owrt¢s Donations and Legacies Charit8bl¢ Adiviti¢$ OtherTrading Activitie5 Investtwi 109,873 17,535 11.051 19.373 1,853 4.616 111,726 22,151 11,051 19,373 Tot•l 157.832 6.469 164,301 Raisin8 Funds Charitable Aetivities 9,453 5,186 9,453 140,641 135,455 Tot1 135,455 14,639 150,094 N¥X gainl{lo&w) on investtnaji (4,999) (4,999) In¢omeJlExpdITc) 17.378 (8,170) 9,208 (2.186) 2,186 15,192 5,984) 9,208 T(tsi fynds bromght forw•rd (lstJ4D) 660.534 77279 737.813 To¢•l carried f•nvrd131st Dee) 675.726 71295 747,021 Page 15