## **The Bottesford with Ashby Team Ministry Parochial Church Council** St. Paul's Ashby - St. Peter's Bottesford - Holy Spirit Riddings ## **Annual Report and Financial Statements** For the year ended 31[st] December 2022 Registered Charity Number 1133722 ## **The Parochial Church Council of the Ecclesiastical Parish** **of Bottesford with Ashby in the Diocese of Lincoln** PCC Chairman: Revd Kevin Dyke The Rectory, St Paul’s Road, Ashby, Scunthorpe DN16 3DL Bank: Virgin Money 124 High Street, Scunthorpe DN15 6ES Independent Examiner: Mrs Katie Sauvage FCCA, Voluntary Action North Lincolnshire 4-6 Robert Street, Scunthorpe, North Lincolnshire DN15 6NG PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY Page PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY ## **Independent Examiner’s Report to the Trustees of The Parochial Church Council of the Ecclesiastical Parish of Bottesford with Ashby in the Diocese of Lincoln.** I report on the annual report and accounts of the PCC for the year ended 31 December 2022, which are set out on pages 1 to 19, in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (‘the Regulations’) and section 144(2) of the Charities Act 2011 (‘the 2011 Act’). ## **Respective responsibilities of the PCC and independent examiner** As members of the PCC you are responsible for the preparation of the accounts, and you consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act) and the Regulations) and that an independent examination is needed. It is my responsibility to issue this report on those accounts in accordance with the terms of the Regulations, that is to: - Examine the accounts under section 145 of the 2011 Act; - To follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and - To state whether particular matters have come to my attention. ## **Basis of independent examiner’s statement** My examination was carried out in accordance with the General Directions given by the Charity Commission in the 2011 Act, and to be found in the Church guidance, 2006 edition. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - (1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Mrs Katie Sauvage Voluntary Action North Lincolnshire 4-6 Roberts Street Scunthorpe North Lincolnshire DN15 6NG** 3 Page PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY ## **ANNUAL REPORT for 2022** ## **Administrative Information** The Bottesford with Ashby Team Ministry is part of the Diocese of Lincoln within the Church of England. There are 3 churches within the team: - The Church of St. Peter ad Vincula is situated on Old School Lane, Bottesford, - St. Paul’s Church is situated on Ashby High Street, Scunthorpe, and - The Church of the Holy Spirit is situated on Willoughby Road, Scunthorpe. The correspondence address is: The Rectory, St Paul’s Rd, Ashby, Scunthorpe, DN16 3DL The Parochial Church Council (PCC) is a Registered Charity, number 1133722. PCC members and Trustees who have served from 1 January 2022 until the date this report was approved are: Team Rector: Revd. Kevin Dyke Associate Priest: Revd. Mary Stonier Assistant Curate: Revd. Simon Dean (until May 2022) Lay Chair: Mr. John Boddy (also Deanery & Diocesan Synods) Reader: Mr. Lindon Batt (also Deanery Synod) Parish Warden: Mrs. Christine Bell Deputy Wardens: Capt. Sean Andrews Mrs. Pamela Cook Mr. David Parrott Deanery Synod Reps: Mrs. Julie Dyke Mr. Michael Galey (also Diocesan Synod) Mr. Clive Toplass Elected Members: Mrs. Christine Boddy Electoral Roll Officer Mr. John Caborn (until APCM ’22) Mrs. Eve Kiddle Mrs. Carol Readhead Mr. David Rowbottom Mr. David Walker (from APCM ’22) Mrs. Jane Ward Safeguarding Officer Co-opted by the PCC: Mrs. Cathryn Hewes PCC Secretary Mr Michael Galey formally resigned from the post of Treasurer at the 2022 APCM. Unfortunately, no one else took on the role, which remains vacant. He has therefore continued to prepare the Management accounts for the PCC, and he prepared this AR&FS for Independent Examination. Page 4 PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY ## **Structure, Governance and Management** The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and to stand for election to the PCC. There are District Church Councils at each of the three churches. These councils take dayto-day decisions for their own churches but are subordinate to the PCC. The Trustees consider the Public Benefit when making decisions. There is a Management Committee for St. Paul's Church Hall. This committee takes day-today decisions for the Church Hall but is responsible to the PCC. There is a Management Committee for the Church Lads and Church Girls Brigade. This committee takes day-to-day decisions for the local organisation but is responsible to the PCC. The PCC also operates through sub-committees, which meet between full meetings of the PCC. ## _Standing Committee_ This is the only committee required by law. It has power to transact business of the PCC between its meetings, subject to any directions given by the Council. It has the same membership as the Finance Committee. ## _Finance Committee_ This committee oversees the general financial dimension of the work of the Bottesford with Ashby Team by monitoring income and expenditure, budgeting and co-ordinating the annual review of the Christian Stewardship of money through planned giving. Major decisions are subject to PCC approval. ## _Social Committee_ This committee organises a programme of social and fundraising events for the benefit and enjoyment of the whole parish and the local community. ## _Hall Committee_ This committee is responsible for the management of the Parish Hall. This is a major asset and it continues to operate very successfully. In addition to its use by the Parish, it is booked by individuals and community organisations for a large variety of activities. It is a vital part of our outreach into the local community. ## **Objectives and Activities** Bottesford with Ashby PCC has the responsibility of co-operating with the team clergy in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has the responsibility for maintaining the Church buildings including St. Paul's Church Hall. Page 5 PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY ## **Church Attendance** A weekly service pattern for the whole parish resumed following the Covid lockdown, but there was some initial reluctance from our mainly elderly congregations to attend worship in person. In addition, very sadly, many of our church members are suffering from ill health, several are in care and a number have passed away. Attendance and electoral roll figures for 2022 (2021) where available are shown below: |Church|Average Sunday
Attendance|Electoral Roll|Electoral Roll| |---|---|---|---| |||Total Number|Non-resident| |St. Paul’s|28 (--)|45 (46)|5 (6)| |St. Peter’s|31 (--)|46 (49)|1 (2)| |Holy Spirit|11 (--)|15 (14)|2 (0)| ## **Review of the Year 2022** From the beginning of 2022, the impact of the Covid Pandemic significantly reduced compared to the previous two years, and whilst it had not gone away, as church in the wider society we were learning to live with it and go about our lives more normally. People have reacted to this in different ways. Some whilst being careful have embraced this opportunity fully but others have been more cautious and have not returned to services on Sundays or other times, and have not re-engaged with wider church life. It seems that for some the changes caused by Covid will be permanent, with new patterns of living that have been adopted or forced upon them becoming their new way of living with no place anymore for church in people’s lives. It has been the broader picture not only in the churches locally, but across the whole of The Church of England as well as many other churches, organisations and clubs and social activities. This has meant that, while we are able to once again be a normal worshipping and mission centred community, the reduction in the number of people attending church has seen a worrying reduction in our resources to do the work we are being called to do and to continue to respond effectively to the diocesan initiative for growth that is Resourcing Sustainable Church - Time to Change Together [RSC-TTCT] – more of which later. A more normal pattern of parish governance has also resumed in 2022 with regular PCC meetings and DCC AGM’s and an Annual Parochial Church Meeting held face to face again. Within Manlake Deanery, Chapter Meetings for ministers and Deanery Synod meetings have continued and deanery representatives have attended Diocesan Synods and been part of diocesan business and decision making throughout the year. With a final thought to the pandemic - none of us have been immune to the impact of the it and people’s well-being and mental health have been tested by the isolation and the fear and uncertainty experienced among those who are most vulnerable and who are the majority of the churches members. I fully understand the different ways that people have 6 Page PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY responded and are still responding to the risk it poses and, as I did last year, I would like to acknowledge the importance of the pastoral support shared amongst everyone. It has been a wonderful response to the pandemic and I, as your Rector, am grateful to everyone for their faithfulness and the love and compassion that have been so evident to all those who live in the parish. During 2022 Revd Kevin Dyke has continued to be the Team Rector, his 7[th] year here in the parish and he has been very well supported by the ministry team comprising Associate Priest Revd Mary Stonier, Assistant Curate Revd Simon Dean, Readers Lindon Batt and Howard Bevan and Church Army Captain Sean Andrews. In July we said goodbye to Revd Simon Dean who completed his curacy training with us and moved to Waddington, Lincoln to take up his first post there and continue in his part-time role with the diocese. Our Reader, Howard Bevan, also stepped down from his reader ministry this year. We are grateful to them both for all they contributed to the life of the parish. With the support of church wardens and lay members of the churches in all their different roles, we have together continued to make every effort during the year to provide a varied pattern of Sunday and midweek worship in church. Our churches remain open for private prayer for the community on Tuesdays, Thursdays and Saturdays most weeks. Lead life events such as funerals, weddings and baptisms continue. We are engaged increasingly with schools and ecumenical partners in the parish; we provide the opportunity for study, learning and spiritual growth and to develop our worship; we have enhanced our ability to communicate with the wider parish and advertise what we do more effectively using the website, and other social networking platforms. I am grateful to everyone, lay and ordained, for their prayerful commitment and hard work throughout the year, for their continuing ministry and for all the support they provide to me, as Rector, and to each other. Throughout 2022, the number of funerals, weddings and baptisms (Life Events) taken in our churches did increase overall from those undertaken in 2021. In 2022, there were 26 weddings, 1 renewal of vows, 131 baptisms and 52 funerals. Many weddings were moved into 2022 from 2021 because of restrictions, but in 2023 the weddings to be carried out will halve. Baptisms significantly increased in 2022, back to more normal levels, with people becoming more confident about meeting with family and friends again and with us maintaining good safety protocols and only having one family in church at a time. Despite the upturn in ‘life events’ in 2022 and the increased fees and giving that resulted from it, we need to be aware that overall the number of ‘life events’ overall in church is reducing and this will have an impact on parish income in the future. We will need to consider carefully other ways of generating income as well as sourcing relevant grant support for projects and mission initiatives we might want to undertake. Despite the financial pressures that exist, the congregation members have continued to respond very generously in support of the work being done by the church. Grants have been obtained, hall and café income are once again rising, the 2[nd] Beer Festival raised over £5000 and overall in 2022 income has increased over 2021 levels and the Parish Share has been paid in full. I would like to say thank you for the wonderful effort of the church members to maintain the level of planned giving in the year and to contribute so generously in so many Page 7 PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY other ways to allow us all to continue the work of the parish in what have been and still are quite difficult times for everyone. During 2022, we have continued to work closely with Capt Sean Andrews and Capt Paul McDonough of the Church Army Centre of Mission, with the leaders and volunteers of Inspiring Family Solutions, and with the youth group, Riddings Brigade. When activities recommenced in April 2022, Captain Sean took over the lead role for the group with support from Carol and Heidi. Our grateful thanks to Karen Boothman, who this year stepped down from leading Brigade after many years in charge and to Captain Paul McDonough who retired from the Church Army. The decline of Covid and the reduced restrictions during 2022 has meant that the work of all these groups has been able to increase once again with many new initiatives starting, such as Warm Spaces, and new volunteers coming forward to help. The work being done means that the Church of the Holy Spirit is now re-established as a centre of community on the Riddings Estate and is open and accessible most days of the week for essential community contact, outreach and church engagement and as a quiet space for people. During 2022 the Hall at St Paul’s has been able to reopen its doors for bookings and groups are back using the facilities on a regular basis, with bookings increasing and the St Paul’s Pre-School back full-time four mornings a week during school term time. This has meant a welcome return of not only increased activity in the hall but the increased income is also hugely important. Thank you to everyone involved with the hall and for its valuable contribution to parish life. Café St Paul continued in 2022 in the large hall, giving people more space, but the increasing numbers of people using the café has meant that it has stayed in the large hall. Revenues have increased as the year has gone on and more people coming in means that its vital pastoral and outreach role to the community on market days in Ashby is even more effective and welcome. Thank you to all the volunteers who help in so many ways and to all those people who come to enjoy the cake, bacon butties and the soup and the fellowship that is shared there. During the early part of 2022, we continued the fortnightly delivery of the ‘Parish News’ sheet around the parish to keep contact with church members and those on the wider electoral roll and in the community. Others received the sheet by email. But as we were able to be more confident about coming back into church and we encouraged people to return the hand delivery was stopped. The fortnightly Parish Newssheet continues to be produced and the parish magazine was restarted from April 2022. I am grateful to everyone who helps with the newssheet and the magazine and those who contribute to them and who help to maintain our website and other social media communication. In November 2021, the PCC gave approval for the St Peter’s Project to go ahead with the feasibility stage, in conjunction with the project architect, and in accordance with the agreed schedule of costs. This was an important step for the parish and since then, under the direction of Dave Rowbottom, our project coordinator, things have moved forward gradually and following approval by the Diocesan Advisory Committee [DAC] a faculty was granted early in 2023 and it is hoped the feasibility work will start after Easter 2023. Grateful thanks are extended to everyone involved in taking the project at St Peter’s forward and it is good that we are making substantial progress towards eventual completion. 8 Page PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY Essential repairs have continued in the other two churches as they have been needed to be undertaken including improvements to lightning conductors. At Holy Spirit, displaced PVCu soffit boards were replaced and the grass around the church will now be cut by a volunteer, rather than the council, to save costs. During 2022 the parish and all in the wider Manlake Deanery have continued to be involved in the churches future, its ministry, the need to change and the financial arrangements that are part of the Diocese of Lincoln initiative that is Resourcing Sustainable Church - Time to Change Together. In 2021, we agreed to the categorisation of our churches as Local Mission Churches [Type 2] for St Peter’s and St Paul’s and a Community Church [Type 3] for the Church of the Holy Spirit. In 2022, as we explored together the vision that God has for us, we tackled the issue of our covenant contribution to the diocese and our involvement as part of the Local Mission Partnership [LMP] in Manlake. After extensive discussion and consideration the parish agreed to set the covenant giving at a level of £49000 for 2022, which was paid in full, rising to £55000 by 2025. This will mean that we will cover the full cost of the stipendiary ministry in the parish but it is an ambitious target and one that we will have to work hard at to achieve. Our parish will also form part of Manlake South LMP in association with the churches to the south of us in Messingham, Scotter, Scotton, Northorpe and Kirton in Lindsey. 9 Page PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY ## **Financial Performance** In 2022, the return to ‘normal’ (post-Covid) level of services and other activities was a major factor in the improvement in our financial performance. ## **Church Receipts:** Our Planned Giving for the year reached £38,919 – an increase of £6,676 on the previous year. This followed the highly successful mid-year Giving Campaign. The increase would have been even higher but, sadly, we lost a number of our church members during the course of the year. Thank you to all those who give so generously. We reclaim Tax from HMRC for all giving where the donor has made a Gift Aid Declaration. This amounted to £5,978 last year. I would commend this to any giver who is a taxpayer, as there is no cost to the giver. Cash at services amounted to £1,924 - up by £1,104 as we returned to a more normal postCovid period. Cash in the plate at Baptisms, weddings and funerals was £6,329 - up by £2,710 for the same reason Donations for general funds and specific restricted funds were at £3,581 - down on the previous year. Fund raising and events raised £10,525 of which £9,259 was attributable to the Beer Festival. After deduction of expenses, this event raised a very welcome £5,445 for Parish funds. Similarly, Café St Paul income was £4,792 – an increase of £3,628 on the previous year as activities resumed. We receive fees for Weddings and Funerals, some of which is passed to the Diocese. Nett fee income was £13,351 - an increase of £1,917 on the previous year as activities resumed. We received a grant of £5,158 from the Diocese to cover increased energy costs. Since we are on 4-year fixed price contracts for gas and electricity, we did not experience a major increase. However, the grant will be useful going forward as costs increase. Over the course of the year, we collected and passed on £2,022 for various charitable causes, including the DEC Ukraine Appeal, the Children’s Society and Water Aid. In total, Church receipts were £95,075 – a welcome increase of £17,864 on the previous year. ## **Church Payments:** As a Parish, we agreed to ‘Covenant’ a payment of £49,000 to the Diocese in 2022, and we were able to pay in full. This replaced the previous ‘Parish Share’ request 10 Page PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY Gas and electricity charges were £5,510 – down by £1,047 on the previous year. However, there were problems in the suppliers systems, so the real usage is probably higher. Routine maintenance cost us £4,055 – similar to the previous year. GOR maintenance cost £753 – a reduction of £699 on the previous year. Upkeep of services cost us £1,486 – an increase of £730 which reflects our increased activity. Insurance of our churches cost us £8,802 – up by £883. Each year, we donate to charities from our own funds. The figure is based on 5% of our previous year’s Planned Giving to charities, which amounted to £1,600 in 2022. In total, excluding capital expenditure, payments were £83,003 – a small increase of £2,522 on the previous year. ## **Capital / Major items** We spent a total of £23,645 on preliminary work and consultancy for the St Peter’s Renovation Project. We paid for this from our Restricted Funds (reserved for the project) rather than general resources. A further £1,920 was spent on providing lightning protection at the Church of the Holy Spirit. ## **St Paul’s Hall** The Hall generated receipts of £17,550 – an increase of £5,924 on the previous year – most of this being attributable to a higher level of lettings. Payments (mainly wages, insurance and utility bills) were at a similar level to the previous year. In total, Hall receipts exceeded payments by £9,054 – a very satisfactory outcome for the year. ## **Church Lads and Church Girls Brigade (CLCGB)** Following significant expenditure in the first quarter, mainly on wages, there was a reduced level of activity for the rest of the year. This resulted in a deficit of £1,398 on the full year. ## **Overall** Taken together, the Church plus Hall receipts amounted to £112,625 compared to £88,837 the previous year. This massive increase of £23,788 represents a significant recovery after several dire years. Before Capital Expenditure, and excluding CLCGB, receipts exceeded payments by £12,072 – a very welcome improvement of £15,342 on the previous year. 11 Page PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY ## **FINANCIAL STATEMENTS – RECEIPTS AND PAYMENTS ACCOUNT** For the year ended 31[st] December 2022 |Note
RECEIPTS
2(a)
Voluntary Giving
2(b)
Activities for Generating Funds
2(c)
Receipts from Property and Investments
2(d)
Receipts from Church Activities
2(e)
Other Receipts
Total Receipts
PAYMENTS
3(a)
Costs of Generating Funds
3(b)
Costs of Church Activities
3(c)
Church Expenses
3(d)
Major Capital Expenditure
3(e)
Other Payments
Total Payments
Net Receipts / Payments for the year
Transfers to re-allocate funds
Transfers – Cash to Investments
Bank Balances at the beginning of the year
Bank Balances at the end of the year|Unrestricted
Funds (£)
Restricted
Funds (£)
Total for
2022 (£)
Total for
2021 (£)
59,871
2,018
61,889
62,529
10,213
312
10,525
7,770
3,284
1,019
4,303
3,229
35,908
0
35,908
22,309
0
651
651
4,168| |---|---| ||**109,276**
**4,000**
**113,276**
**100,005**| ||4,602
0
4,602
2,941
54,380
0
54,380
53,512
32,517
0
32,517
32,826
1,820
23,745
25,565
11,287
0
2,050
2,050
2,980| ||**93,319**
**25,795**
**119,114**
**103,546**| ||15,957
-21,795
-5,838
-3,541
0
0
0
0
0
0
0
0
20,367
108,538
128,905
132,446| ||**36,324**
**86,743**
**123,067**
**128,905**| 12 Page PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY ## **STATEMENT OF ASSETS AND LIABILITIES** As at 31[st ] December 2022 |CASH FUNDS
Unrestricted
Restricted
INVESTMENTS
DEBTORS
FIXED ASSETS
LIABILITIES|PCC General Accounts
St Paul’s Hall Account|31 Dec 2022
(£)
31 Dec 2021
(£)| |---|---|---| |||16,013
9,110
20,311
11,257| ||Total Unrestricted Cash Funds|36,324
20,367| ||St. Peter’s Fabric Funds
St. Paul’s Fabric Funds
Lynam Land – Trust Fund
St Peter’s Bell-Ringers
Church Lads & Church Girls Brigade|65,801
87,581
5,762
4,652
5,656
5,583
2,526
6,998
2,326
8,397| ||Total Restricted Cash Funds|86,743
108,538| ||CBF Investment Fund
Eden Tree Amity Global Equity
M&G Charifund|34,088
27,147
0
38,637
26,991
0| ||Total Investments|61,235
65,628| ||None
For Church Use – Parish Hall
None|0
0
750,000
750,000
0
0| Following a valuation for insurance purposes in 2016, the asset value of the Parish Hall is shown as £750,000 as an estimate of current market value. This valuation is considered by the Trustees as still being appropriate. Approved by the Parochial Church Council at its meeting on 15 May 2023 and signed on its behalf by: Revd. Kevin Dyke (Chairman) Mrs. Christine Bell (Parish Warden) The notes on pages 14 to 19 form part of these accounts 13 Page PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY ## **NOTES TO THE FINANCIAL STATEMENTS** For the year ended 31 December 2022 ## 1 ACCOUNTING POLICY ## Basis for Accounts The financial statements have been prepared on a Receipts and Payments basis in accordance with the Church Accounting Regulations 2006 together with the Charities Act 2011, Section 133. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members. For clarity, they do include the receipts, payments and funds relating to the Parish Hall and the Church Lads’ and Church Girls’ Brigade. ## Cash Flow Statement The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a Cash Flow statement on the grounds that the income does not exceed £500,000. ## Description of Funds _Restricted Funds_ represent donations or grants or other payments 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 which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. _Unrestricted Funds_ are general funds which can be used for PCC ordinary purposes. ## Receipts ## _Voluntary income and capital sources_ Planned giving, collections and donations are recognised when received. Income tax recoverable on gift aid planned giving and donations is generally recognised only when received. Grants and legacies to the PCC are accounted for only when received. All incoming resources, such as funds raised at social events or from sales of the magazine, are accounted for gross. ## _Other ordinary income_ Rental income from the letting of church premises is generally recognised when received. 14 Page PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY ## **NOTES TO THE FINANCIAL STATEMENTS** (Continued) For the year ended 31 December 2022 ## _Income from investments_ Interest on bank accounts and distributions received from investments are accounted for when received. ## Payments ## _Grants_ Grants and donations are accounted for when paid over. ## _Activities directly relating to the work of the Church_ The Diocesan “Parish Share” is accounted for when paid. ## Fixed Assets ## _Consecrated land and buildings and movable church furnishings_ Consecrated and beneficed property is not included in the accounts in accordance with Section 10(2) (a) and (c) of the Charities Act 2011. No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or beneficed buildings and movable church furnishings whether maintenance or improvement is written off immediately. ## _Other fixtures, fittings and office equipment_ Individual items of equipment with a purchase price of £2,000 or less are written off immediately. ## Current Assets Only admitted credit balances such as at the bank or for prepaid gas or electricity bills are included. Any moneys owing for rents etc. are included only when they are received. 15 Page PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY ## **NOTES TO THE FINANCIAL STATEMENTS** (Continued) For the year ended 31 December 2022 ## 2 RECEIPTS |Note||Unrestricted|Restricted|Total for|Total for| |---|---|---|---|---|---| |||Funds (£)|Funds (£)|2022 (£)|2021 (£)| |2(a)|**Voluntary Giving**||||| ||Planned Giving - Tax Efficient|31,348|0|31,348|27,854| ||- Remainder|7,571|0|7,571|4,389| ||Collections at Regular Services|1,924|0|1,924|820| ||Collections at Occasional Offices|6,329|0|6,329|3,619| ||Other Voluntary Donations|1,563|2,018|3,581|7,980| ||Gift Days|0|0|0|0| ||Gift Aid Recovered|5,978|0|5,978|8,860| ||Legacies & Bequests|0|0|0|0| ||Grants Received|5,158|0|5,158|9,007| |||**59,871**|**2,018**|**61,889**|**62,529**| |2(b)|**Receipts from Activities for Generating**|**Funds**|||| ||Events and Fund Raising - Parish|10,213|312|10,525|7,770| ||Events and Fund Raising - Hall|0|0|0|0| |||**10,213**|**312**|**10,525**|**7,770**| |2(c)|**Income from Property and Investments**||||| ||Bank Interest|0|1,019|1,019|40| ||Distributions from Investments|1,772|0|1,772|1,677| ||Rents|1,500|0|1,500|1,500| ||Wayleave Payment|12|0|12|12| |||**3,284**|**1,019**|**4,303**|**3,229**| |2(d)|**Receipts from Church Activities**||||| ||Fees Retained by PCC|13,351|0|13,351|11,434| ||Parish Hall Income|17,550|0|17,550|9,619| ||Café St Paul|4,792|0|4,792|1,164| ||Magazine Receipts|25|0|25|0| ||Miscellaneous|190|0|190|92| |||**35,908**|**0**|**35,908**|**22,309**| |2(e)|**Other Receipts**||||| ||Sale of Assets|0|0|0|0| ||Insurance Claims|0|0|0|0| ||Church Lads & Church Girls Brigade|0|651|0|4,168| |||**0**|**651**|**0**|**4,168**| ||**Total Receipts**|**109,276**|**4,000**|**113,276**|**100,005**| 16 Page PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY **NOTES TO THE FINANCIAL STATEMENTS** (Continued) For the year ended 31 December 2022 ## 3 PAYMENTS |Note
3(a)
**Costs of Generating Funds**
Expenses of Events
Planned Giving Costs
3(b)
**Costs of Church Activities**
Mission Giving and Donations
Diocesan Parish Share
Office Wages
Payments to Organists
Clergy & Staff Expenses
3(c)
**Church Expenses**
Mission – General
– Training
– Communications
Recruitment Fees
Running Expenses – Church Insurance
– Licences & Subs
– Routine Maint.
– Organ Maintenance
– Office Tel / Internet
– Office Expenses
– Upkeep of Services
– Bank Charges
– Prof Fees
– Fee, Ind Examiner
Church Utility Bills
Parish Hall Costs – Heat & Light
– Insurance
– Expenses
3(d)
**Major Capital Expenditure**
Major Expenditure - Churches
Major Expenditure - Parish Hall
Major Expenditure – GOR
3(e)
**Other Payments**
Purchases
Church Lads & Church Girls Brigade.
**Total Payments**|Unrestricted
Funds (£)
Restricted
Funds (£)
Total for
2022 (£)
Total for
2021 (£)
4,525
0
4,525
2,843
77
0
77
99| |---|---| ||**4,602**
**0**
**4,602**
**2,942**
1,600
0
1,600
1,700
49,000
0
49,000
48,949
0
0
0
0
975
0
975
150
2,805
0
2,805
2,713| ||**54,380**
**0**
**54,380**
**53,512**
0
0
0
358
78
373
0
0
78
373
0
47
0
0
0
0
8,802
0
8,802
7,969

576
0
576
543
4,484
0
4,484
5,542
324
0
324
155
713
0
713
771
946
0
946
657
1,486
0
1,486
756
0
0
0
0
0
0
0
0
180
0
180
150
6,058
0
6,058
7,079
2,610
0
2,610
3,341
1,160
0
1,160
1,079
4,726
0
4,726
4,378| ||**32,517**
**0**
**32,517**
**32,825**
1,820
23,745
25,565
11,287
0
0
0
0
0
0
0
0| ||**1,820**
**23,745**
**11,287**
**11,287**
0
0
0
0
0
2,050
2,050
2,980| ||**0**
**2,050**
**2,050**
**2,980**| ||**93,319**
**25,795**
**119,114**
**103,546**| 17 Page PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY ## **NOTES TO THE FINANCIAL STATEMENTS** (Continued) For the year ended 31 December 2022 ## 4 STAFF COSTS ||2022|2021| |---|---|---| |Wages and Salaries|nil|nil| |Social Security Costs|nil|nil| |Pension Costs|nil|nil| During the year the PCC made payments to 5 church organists, plus 1 caretaker and 1 cleaner for St. Paul's Hall. All of them were part-time and self-employed. Apart from the clergy, no other member received any reimbursement of expenses or remuneration. ## 5 INVESTMENTS The PCC has investments in the CBF Investment Fund, the Eden Tree (Amity Global Equity) Fund and at the CAF Bank. Taken together, the investment funds did not perform well over the year in an extremely volatile market. In addition, the PCC holds cash in various bank accounts, including separate current accounts for the Hall and Brigade. ## 6 FUND DETAILS ## Reserves Policy ## Restricted Funds The PCC continues to receive bequests and donations for specific projects of a capital nature, creating or adding to Restricted Funds. Going forward, the PCC will encourage donors to contribute to Unrestricted Funds in order to maintain the flexibility to address capital requirements across the Parish as a whole. ## Unrestricted Designated Funds Under the Constitutions of the PCC and the Hall Committee, the funds held by the Parish Hall in its separate bank account are considered to be Designated for the use of the Hall Committee. The operations of the Hall Committee tend to generate a surplus, and that Committee often donates funds back to the PCC for general use. These are considered to be Unrestricted. No further funds have been designated by the PCC for a specific use. 18 Page PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY ## **NOTES TO THE FINANCIAL STATEMENTS (Continued)** For the year ended 31 December 2022 ## Other Unrestricted Funds The sale of various tranches of church land within the Parish was approved by the Church Commissioners under the provisions of the New Parishes Measure 1943. The regulation laid down that the net sale proceeds should be invested by the Lincoln Diocesan Trust on behalf of the PCC who have power to spend income and capital, if so desired, with the approval of the Archdeacon. These funds are also considered to be Unrestricted. ## Endowment Funds The PCC does not hold and is not the beneficiary of any Endowment Funds. ## 7 DONATIONS TO CHARITY During the year, the PCC made donations totalling £1,600 to charities from its own funds. The breakdown was as follows: |Mary’s Meals|£ 320| |---|---| |Mission Aviation Fellowship|£ 320| |City of Sanctuary|£ 320| |The Bible Society|£ 320| |The Church Army|£ 320| There were a number of special collections for charities, which passed through the PCC’s bank account. These were as follows: |Children’s Society - various|£ 813| |---|---| |DEC Ukraine Appeal|£ 581| |Water Aid|£ 501| |Ankoma Outreach|£ 70| |Lindsey Lodge Hospice|£ 57| A number of additional donations were made from collections organised in the churches and the Parish Hall, which did not pass through the PCC’s bank account. 19 Page