The Parochial Church Council of the Ecclesiastical
Parish of Bushbury Wolverhampton
Also known as
1) Bushbury Parochial Church Council
2) Bushbury PCC
End of Year Financial Statements
For the year ending 31.12.2023
Registered Charity Number: 1133845
PaRe I

The Parochial Church Counell of The Parish of Bushbury Wolverhampton
Trustees, Annual Report for the year ended 315t December 2023
Ob'ectives and Activities
The Parochial Church Council of The Parish of Bushbury Wolverhampton (the PCC) has the responsibility ofco-
operating with the incumbent Rev Dr lan Poole, in promoling in the ecclesiastical parish, the whole mission of
the Church, pastoral, evangelical, social and ecumenical. The PCC is also spiritually responsible for the
maintenance of the church
The PCC is committed to enabling as many people as possible to worship at our church and to become part of
our parish community at Bushbury Wolverhampton. The PCC maintains an overview of worship throughout the
parish and makes suggestions on how our services can involve the many groups that live within our parish. Our
services and worship put faith into practi￿ through prayer, scripture, music and sacrament. Also. through non
sacramental activities of hospitality and fellowship we aim to reach non churched members of the community.
Public Benefit
The trustees of the Charity are aware of the Charity Commission's guidance on public benefit in The
Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity.
The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of
Bushbury Wolverhampton, it helps to promote the whole mission of the Church {pastoral, evangelistic, social
and ecumenicall more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefrt to
the public by..
Providing facilities for public worship. pastoral care and spiritual, moral and intellectual development, both for
its members and for anyone who wishes to benefit from what the Church offers.. and
Promoting Christian values and SeN1￿ by members of the Church in and to their communities, to the benefit
of individuals and society as a whole.
Under the Pastoral Scheme operating in the Parish, Clergy, Parish Wardens and District Wardens are by virtue
of posl members ofthe PCC. Each District Church elects 3 persons to represent them at the PCC. Each District
Church elecls 2 Deanery Synod representatives who also serve on the PCC.
Each new member is briefed on the roll and responsibilities of the PCC at the first meeting. In addition, the PCC
has copies of'Handbook for Churchwardens and Church Councillors, as well as copies of relevanl schemes and
measures. The treasurer briefs members of their responsibilities with regard to Charity Commission.
The PCC appoints a Standing Committee to deal with issues which may aris8 from time to time outside of the
normal meeting schedule.
Page 2

Achievements and Perfomiance
Mission Statement
To know God and make him known.
To stand still and grow in the awareness of the majesty and love of God that we might run and tell those who
are outside in the cold, wherever that might be.
It would be our intention to review this statement within the coming year
Other Objectives
To create a culture and atmosphere, which encourages and enables individuals to encounter the transforming
love of God.
To demonstrate together what it means to be faithful disciples.
To grow in an understanding and practice of Christian community that we might influence and servè our
surrounding community.
To spread the growing kingdom awareness in our midst, by word and witness. in a way that is relevant to our
local culture.
To grow both in depth of maturity and numerically. To grow in our financial capacity. which will in turn contribute
lowards facilitating mission.
Contribution of Volunteers
The Parish is committed to every member ministry. This has many expressions across the Parish, and members
of the Church offer their service voluntarily.
Strategles
Organisational
To enhance teamwork across all aspects of congregational and parish life, ensuring effiGiency and effectiveness
through regular evaluations.
To replicate and integrate this model of teamwork within the substantial involvement of lay members.
To develop and streamline administrative systems to better support the operational aspects of the Parish,
thereby releasing Clergy and Lay resources to envision and deliver key objectives. The Parish Administrator
continues to be a great asset in helping to maintain this vision.
Following the Team Vicar's relirement in 2021 and an ensuing vacancy, a new Team Vicar was appointed in
October 2023. A Self-supporting Minister was also welcomed to the team.
Spiritual
Increase enthusiasm for and time spent in prayer and worship
To use off the shelf and in-house courses to understand the call of discipleship.
To spend lime enjoying each other's company first in the District Church and where appropriate across the
Parish.
To invite outsiders in on their terms and determine effective 'outreach'
To continue to meet together as bolh Clergy and Lay, discerning our urgent priorities.
Page 3

Service's Available for Public Worship
The table below sets out the current pattern of setvices across the Parish. Occasionally setwices are
organised across the parish or with other churches from across the city.
week
st Mary
St Mary
St Mary
St James
Good
Shepherd
9.00
10.30
9.45
11.00
Communion-
Common
Worship
Family Service
called The
Gathering
with Sunday
Club
The Gathering
with Sunday
Club
All Age
Worship
Teaching
Communion-
Common
Worship
Memorial
As advertised
6.30
Holy
Communion
Family
Communion -
Common
Worship
The Gathering
All Together
with
Communion
The Gathering
with Sunday
Club
All Age
Worship
Celebration
Communion-
Common
Worship
All Age
Worship
Holy
Communion
kaka
Communion-
Common
Worship
The Gathering
All together
with Sunday
club
All Age
Worship
Café Worship
Baptism Policy
The Church welcomes Children for Baptism. We understand that Church and parent(s) together have a
responsibility lo meet, so that through the Church's teaching and explanation the parentls) requesting Baptism
understand the Sacrament of Baptism and the Christian commrtment involved in the Baptismal responses. (PCC
10.02.2000). The Importan￿ of due preparation is Ihus emphasised and the need to demonstrate an active
Chrislian faith, as evidenced by regular church attendance. Generally adult baptisms are by full emersion. A
service of blessing is offered to all those who do not wish to undertake such a commitment, and this option is
becoming more common. This policy was reviewed in the Autumn of 2016 and was affirmed by the PCC in the
spring of 2017. (PCC 2nd February 2017)
Weddings and Funeral Policies
Weddlngs
The Church welcomes couples for marriage. We offer a Deanery based wedding preparation cours6.
The Parish accepts the principle that there are circumstances in which a divorced person may be married in
church during the lifetime of a former spouse. (PCC 25.05.2000) The Parish therefore follows the Diocesan
Guidelines on the Remarriage of Divorced Couples in Church.
Page 4

Funerals
Funerals constitute a very significant share of Clergy workload averaging around 200h of their time. They are
also a vital 'shop window, for ourselves in Bushbury Parish. The Parish considers it a privilege to take part in this
service lo the community and a privilege to disperse abroad the hope we have in Christ.
For every funeral undertaken where at all possible the Clergy will endeavourto see and discuss with the relalives,
the funeral Se￿1￿. All funeral services will have three main components..
A liturgical framework in keeping with the Church of England, Common Worship Pastoral SeNiGes.
An accurate, meaningful and positive arKount of the life of the deceased.
An appropriate and sensitive sharing of the Christian faith.
Following the funeral. it may be appropriate and feasible for Clergy or lay persons to visit the bereaved. However,
this may not always be practical and we recognise that it is not always welcomed.
A service of memorial for the Parish is held Every 6 months at St Mary's and all those who have had a funeral
seNice conducted by the team are invited to attend, along with those whose first anniversary it is. St Mary's is
open on one of the following Salurdays for those who wish to come for prayer and quiet reflection. The Good
Shepherd holds memorial seNices per year on the second Sunday of May and November. St James holds
one memorial service per year usually during November.
Mission Acttvities through Communlty Evènts
School Assemblies
Little Angels- A carers and Baby￿odd7er Group based al St Mary's
Moms and Toddlers- A carers and Babyrroddler group based al St James
Coffee Mornings
Based at The Good Shepherd. an opportunity to invite the community into an informal
gathering. The Good Shepherd have experimented with holding a tabletop sale running alongside coffee morning
as a way of drawing in more people from the community and raising funds forthe local foodbank which benefits
vulnerable families in the locality. Stand-alone events have been increasingly successful and we are looking into
making it a regular feature,
Good Shepherd Companions - An over 50's club based at the Good Shepherd
Cameo- a monthly social group at St James's meeting on the 3rd Monday monthly for a variety of aclivities and
events.
3 C's Group- an open social group at St James, meeting on other Mondays for coffee, Cake and chat and a time
of fellowship and encouragement.
Oasis wornen's group meeting on alternate Mondays at St Marys for fellowship, adivities and reflection.
St Mary's launched Messy Church from June 2023. Messy Church values are about being Christ<entred, for all
ages. based on creativity, hospitality and celebration
Carol Singing in local community shops and cafes
Courses, Study Groups
Various expressions of'sunday School, operate in each church on a Sunday.
Lent House Groups
Discipleship Groups and home groups
Alpha courselyouth Alpha during the autumn of 2023
Confirmation classes as necessary
A men's group based around breakfast and then teaching meets approximately On￿ a month at St Mary's Hall
and is open across the parish.
St Marys now have two study groups one continues on Zoom and one has started up live.
Wednesday Life Group evening prayer and bible study at the Good Shepherd open to all across the parish.
Page 5

Worship and Prayer Events
Weekly 'Waking the Dawn, prayer.
Wednesday Lunch time prayer at the Good Shepherd
st Mary's weekly prayer on a Thursday morning
St Jarnes Prayer meeting on a Thursday moming.
One off Achievements
The Parish undertook a week-long mission in collaboration with Iwo other churches from across the city and in
partnership with a team from Through Faith Missions. Many homes were visited and the good news ofthe gospel
shared,. local schools and care homes were also included and a series ofplanned prayer walks look place across
the parish. Fuelled by the response, an Alpha course was launched in the autumn. which has led to the formation
of a parish-wide network of life￿roUpS to support those new to faith and growing in discipleship. and to
demonstrate Christian community where we live.
The parish also hosted Through Faith Missions annual meeting in the autumn of 2023
Christmas Tree Festival based at St Mary's
stma
Working to make ourselves fit for the 21 cèntury with the help of L8ading your Church into Growth.
To continue to prepare ourselves to be renewed by the spirit
Reviewing sunglmusical worship
Implementation of changes to Sunday services. 9.00am now Common Worship with Songs and communion.
The Gathering introduced. Less formal settings to seNices. Sunday Club now three Sundays per month.
Communion once a month al 10.30
Continuing to develop Sunday School and Messy Church
To interact more with the wider ¢ommun¢ty
St James,.
To make the Sunday services more family and children friendly.
To grow in prayer
Good She
herd
To continue to seek an increased sense of God's presence among us
To encourage seekers into a deeper revelation of what a Christian is
To develop our sense of hospitality and welcome as we demonstrate the love of God.
To explore ways to enable children and young people to feel a valued part of the church today and equip them
to become the church oftomorrow.
Page 6

Reserves Policy
Charily Commission guidan￿ is to try to maintain a balance on free reserves {net current assets) which equates
to at least three months unrestricted paymenls. This is equivalent to £31,92512022 £36,7061. It is held to smooth
out fluctuations in cash flow and to meet emergencies. The balan￿ of the free reserves at the year-end was
£36,56012022 £30,178] which is marginally higher than this target.
Funds will be either entered into unreslricled, designated or restricted categories in the accounts depending on
the requests of the donors or the will of the DCCS at each church. Where there is no immediate intent to utilise
the funds, they will be transferred to interest bearing savings accounts. No new endowments have been created
in 2023.
The members believe primarily that the giving of the regular congregational members of each church should
cover the expenditure incurred.
It is recognised that fundraising in some circumstances can be part of outreach and supportive of the churches
aims to encourage community interaction and will be considered on a Case-by-case basis.
The aim of each church is to ensure that a minimum of 10 % annual income is spent on home and overseas
mission and details of which charities are supported is contained within the accounts of the individual churches.
There have been several anonymous donations during the year although not individually of a signrficant value.
These have been welcome.
Safeguarding
The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure
2016 (duty to have due regard to House of Bishops, guidance on safeguarding children and vulnerable aduhs}
Reporting Serlous Incldents
A Serious Incident is an adverse event, whether actual or alleged, which results in or risks significant harm to
the charily's beneficiaries. employees, office holders, volunteers or to others who come into contact with the
charity through its work, loss of the charity's money or assets, damage to the charity's property or harm to the
charity's work or reputation.
The trustees are not aware of any Serious Incidents in the last year
Fundraising
The PCC takes it fundraising responsibilities seriously and is very grateful to all donors whether regular or
occasional - for their support of the church and church events. PCC supporters are never taken for granted.
The PCC také full responsibility for fundraising and do not use commercial organisations or professional
fundraisers. All money raised is either by donations, fundraising events, special appeals or legacies for which
the PCC are most grateful.
Volunteers
The members of the PCC would like to thank all the volunteers who work so hard to make our Church a lively
and vibrant community.
Page 7

Risk Management
The PCC are responsible for the financial health of the Parish and legally responsible for any debts or
mishandling of funds.
The PCC apportion the Parish Share each year across the District Churches, on advice from the Standing
Committee and District Treasurers. The PCC re￿1ve reports from the Parish Treasurer, at each PCC meeting,
on each District Churches progress in meeting their obligations. Should a District Church run into difficulties the
Stsnding Committee meet with District Treasurers, to assess if re apportionment of the share would be helpful
and to review what other action might be considered.
At each DCC meeting the District Treasurer presents an update on that Districts financial activity.
Signatories lo cheque books are always two persons, signed at the point of issue. No one person has acKess to
Parish accounts or monies. The District treasurer is not involved in the verification of Sunday collection monies,.
this is done by an independent team. Gift Aid is verified by standing order to the bank or an envelope scheme.
Each District Church has a Gift Aid Secretary.
The PCC does not allow the District Churches to Spend more than £4,000 on a single project without consent
from the PCC. (PCC 10.07.08 6iii} In this way the PCC can assure itself of the financial health of the Oistrict
Church and that sufficient funds are available and will not lead to the PCC becoming indebted.
The Districl Churches produce annual accounts that are presented for scruliny al the DCC AGM'S. The District
accounts are then merged to form the PCC accounts. the official accounts of the Parish. The Parish abides by
the rules as laid down by the Diocese. and as the joint accounts are over £100,000, they are independently
examined. The PCC AGM appoinls the Independent Examiner.
Reputation - The PCC has responsibility for ensuring both legal and voluntary guidelines are in place. The PCC
also draws up policy on a number of issues to ensure consistency of approach across the Parish and that
everyone is dealt with fairly. Current PCC policies include Baptism, Wedding and Funeral policies. The PCC
have agreed that the parish would accept the ministry of women priests. The PCC also have a policy covering
fund raising, raffles and gambling. The policy with regard to fund raising was reviewed and amended during 2008
(PCC 16.10.08 611). The PCC have an agreed policy on Child Protection, and has a Parish Child Protection
Officer. Each District Church adheres to the policy and has appointed a local Child Protection Officer. A full
review ofthe policy was carried out and accepted by the PCC during 2016 {PCC 20.10.16 item 8}.
The PCC has ado
Safeguarding
The Handling of DBS Disclosures
The Security of Personal Information
The Employment of Ex-offenders
An Equal Opportunities Policy
An Appeals and Complaints Procedure (pre appointment)
Compliance with the Data Protection Act & GDPR 2018
Sickness and Absence Guidelines
Discipline and Appeals Procedure
Grievance Procedure
Harassment Policy
Ifvhistle Blowing Policy
standardised Contract of Employment & offer letter
ted olicies on the followin
Statutory and Legal The PCC delegates its responsibilities for the maintenance, care and safety of Feople
and buildings in the Parish to the DCC'S.
Each District Church has the following measures in place-,
A Quinquennial report. The report details work that should be carried out in order to keep the church building in
a fit condition for purpose. This report includes an electrical inspection. The DCC is responsible for working
through the reGommendalions ofthe Quinquennial.
Each District Church carries insurance for their Church and where appropriate the Church Hall. All the District
Churches are in the Ecclesiaslical Insuran￿ Group Scheme.
A Health and Safety Policy and Accident Book. Health and Safety appears as an agenda item at DCC and PCC
meetings.
A Fire Risk Assessment Report
An Asbestos Report.
Each Building has had its access reviewed with regard to the Disabilily Discrimination Act.
Page 8

The Church Yard at St. Mary's has been closed to new burials since 1979. The local council are responsible for
the care and maintenance of the Church Yard. St Mary's DCC and Wardens cooperate fully to ensure a safe
environment.
Operational - The PCC understands operational risk management to mean action in the event of, fire, flood,
failure of power supply, gas leak, or other disruption that would make the Church unusable for its public ministry
As a Team Ministry all clergy have access to other churches within the team and a list of key holders and contacl
numbers are available to the clergy and wardens in order to gain access to another church in an emergency.
Longer term measures can then be considered as necessary.
Structure, Governance and Management
The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity
Commission under registration number 1130297. The PCC is governed by the Parochial Church Council Powers
Measure11956) as amended that came into effect on 2r￿ January 1957, and the Church Representation Rules
{contained in Schedule 3 to Ihe Synodical Government Measure 1969 as amended).
The method of appointment of the PCC members is set out in the Church Representation Rules. The Council
comprises the Incumbent, the Churchwardens, a representative of the Readers, those elected to the Deanery
Syn¢xI, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral
Roll. The PCC members receive training from courses run by the Diocese. Members of the congregation are
always urged to join the Electoral Roll, and to stand for election to the PCC.
The PCC members are responsible for making decisions on all matters of general concern and importance in
the parish, and for all financial matters. The PCC met 5 times in 2023. IGiven its responsibilities. the PCC has
a number of sub committees, each dealing with a particular aspect of parish life. These include Finance and
Standing Committee. Each reports back to the PCC with the minutes of their meetings.]
Related Parties
There are no related parties employed by the PCC or awarded contracts for work
Donations from Related Parties
Donations from 13 related parties IPCC Membersl during the year totalled £26.29012022 £25,530]. Al these
donations were received without conditions.
Remuneration paid to Trustees
None of the trustees have been paid any remuneration or re￿iVed any olher benefits from employment with
the PCC or details of any Iruslee that was paid
Expenses paid to Trustees
No Trustee expenses have been incurred during thè y8ar.
Page 9

Charity name
The Parochial Church Council of the Ecclesiastical Parish of
Bushbu
Wolverham
ton
Other names charity is known by
11 Bushbury Parochial ChurGh Council 2} Bushbury PCC
Registered charlty number (If any)
1133845
Charity's principal address
(eg. Address of the church or church
office)
The Parish Office. The St Mary's Church Hall
Bushbury Lane
Wolverhampton
Postcode
WV10 8JP
Website.. www.bushburyparishchurch.co.uk
PCC Members: Who Serrfed from 1 January 2023 to the date this report was approved
Dates acted if not for
whole
eriod
Trustee name
Office (if any)
Ex-officio
Rev Dr lan Poole
Team Reclorlchair
Rev Taiwo Olumuyiwa
T8am Vicar
22 October- 31
De￿mber
17 September- 31
December
Rev Emmanuel Salako
Self Supporting Minister
Jacquie Mullelt
Karen Adcock
PCC WardenlDeanery SynodlPCC Treasurer
PCC WardenlGood Shepherd WardenlDeanery
Synod
Sl Mary's Warden
St Mary's WardenlDeanery SynodlPCC Secretary
Good Shepherd Warden
Deanery Synod
Richard Todd
Mike Hotchkiss
Christine Dean
Jessica Bate
30 March- 31
December
Kerry Holt
Steve Vince
Deanery Synod
Deanery Synod
1 January- 30 March
30 March- 31
De￿mber
Elected members
lan Harris
Steve Vin
1 January- 30 March
Pat Chadwick
Adrian McDowell
Nick Gardner
Ann-charlotte Holman
Jessica Bate
1 January- 30 March
Lyn Hyde
Peter Kelly
1 January- 30 March
Page 10

Bank
Metro Bank One Southampton Row London WC1 B SHA
Independent
Examiner
Jonathan Hill
Lichfield Diocesan Board of Finance
St Marys House, The Close. Lichfield. WS13 7LD
The trustees declare that they have approved the trustees, report above.
Signed on behalf of the charity's trustees
Signature(5)
Michael John Hotchkiss
Full name{s)
Position
(eg Secretary, Chair,
etc)
PCC Secretary
Date
(eg. Dat¢ of the
APCM)
21" March 2024
Page 11

Independent Examiner's report to the trusteeslmembers of Bushbury Parochial Church Council
Registered charity number= 1133845
I réport on the accounts for the year ended 31. December 2023 which are set out on the following pages.
Res
ective res
onsibilltles of the Trustees and Inde
endent Examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that
an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an
independent examination is needed.
It is my responsibil(ty
to examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the General Directions given by the Charity Commission (under
section 145(51{bl of the Charities Act, and
to state whather particular matters have come to my attention.
Basis of Inde
endent Examine￿5 Statement
My examination was carried out in accordance with the General Directions given by the Charity Commission. An
examination includes a review of the accounting records kept by the charity and a comparison of the accounts
presented with those records. It also includes consideration of any unusual items or disclosures in the acGounts,
and seeking explanations from the trustees cOn￿rnIng any such matters. The procedures undertaken do not
provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether
the accounts present a true and fair view and the report is limited to those malters set out in the statement
below.
Inde
endent Examiner's Statement
In connection with my examination, no material matters have come to my attention (other than that disclosed
below '} which gives me cause to believe that in any material respect..
accounting records were not kept in accordance with section 130 of the Charities Act or
the accounts do not accord with the with the accounting records
the accounts do not comply with the applicable requirements conceming the form and content ofaccounts
set out in Ihe Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give atrue and fairviewwhich is not a matter considered as part ofan independentexamination.
I have come across no other matters in connection with the examination to which attention should be drawn in
order to enable a proper understanding of the accounts to be reached.
Please delete the words in the brackets rfthey do not apply.
Signed..
Jonathan Hill FCMA CGMA
Lichfield Diocesan Board of Finance
St Marys House, The Close, Lichfield. WS13 7LD
Date..
Page 12

The Parish of Bushbu
Wolverham
Notes to the Financial Statements
For the year ended 31, December 2023
ton
Accountlng Policies
The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have been prepared
under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the
individual accounts of PCCS, and with the Regulations Irue and fair view" provisions. They have also been
prepared in accordance with the Charities SORP IFRS 102}.
The financial statements have been prepared under the historical cost convention with items recognised al cost
or transaction value unless otherwise stated in the relevant notes to these accounts. 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 infomial gatherings
of Church members.
There may be minor discrepancies in the totals as the pence are not being shown.
Cashflow Statement
The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a Cash flow
slatement on the grounds that the income does nol ex￿ed £500,000.
Going Concern
There are no material Un￿rtaIntieS related to events or conditions that cast signifiGant doubt on the charity's
ability to continue as a going concem.
Accounting Estimates and Prior Year Errors
No changes to accounting estimates have occurred in the reporting period.
No material prior year errors have been identified in the reporting period.
Funds
Funds are either entered into unrestricted. designated or restricted Categories in the accounts, depending on the
requests of the donors or the will of the DCCS at each church.
Poge 13

Description of Funds
Unrestricted funds are income funds of the PCC that are available for spending on the general purposes of the
PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future
project and which are therefore not included in its "free reserves" as disclosed in the trustees, annual report.
An explanation of purpose of each Designated fund are as follows:
Used for maintenance and repair to the building.
Ringfenced from Hall Hire income as agreed by DCC
identifies the ringfen￿d giving to charilies as decided
by DCC
good Shepherd share of sale of Coven Heath Mission
Church. Diocese suggestion it would be good for the
money to be used for mission but not essential
to identify various Maintenan￿ costs and income for
the Church
Building - Building Fund
CHARGIVIND - Charitable Giving D
CHL . Coven Heath Legacy
CHRCHMAIND- Church Maintenance
Charity- Charity Fund
Used to identify the 10 % ring-fenced charilable
contributions amount. Charities to be supported are
decided by the DCC.
Used for any children's work related expenses.
Contribution from the Thursday Coffee Morning Group
to St James.
Children - Children's Work
Coffee- Coffee Morning
Contin- Contingency
Essentially an emergency fund should an incident occur
which needs urgent attention as it would affect the
viability of having income from the building
proceeds from the sale of coven heath mission church.
Diocese suggests it is used for mission, but it is not
restricted to that purpose.
identifies income from hall hire and any expenses
relating to the hall
this is to identfy the value of St Mary's Church Hall
Iwhich is a fixed Asset]
identifies donations for and expenses of mission and
outreach events, eg running an Alpha
Donations made- donl want part given to charity
CovenHeath - Coven Heath Outreach
HALL - Hall
HALL-ASSET- Hall Asset
MISS-DES- Mission
SpecDon - Specific Donations
Page 14

Restricted funds comprise of elemenls..
al income from trusts or endowments which may be expended only on those restricted objects provided in the
temis of the Irust or bequest
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 which they were given. Any balance remaining unspent at the end
of each year must be carried foward 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.
An explanation of purpose of each Restricted fund are as follows=
Building - Building Fund
Used for maintenance and repair to the building.
For the maintenancelupkeep oflhe Chancel {from
Chancel Repair Liability receipts)
CHANCEL - Chancel Llablllty
For the maintenancelupkeep of the church fabric,
including organ (from the combination of a number of
funds for these purposes many years ago, plus more
re￿nI donations specifically for this}
For the maintenancelupkeep of the churchyard {from
several donations specifically for the churchyard}
One off donation specifically for new church lap top.
June 2023
Used for any children's work related expenses. The
restricted amount only states to support children's work
at St James.
CHRCHMAINT - New Church Maintenan
CHURCHYARD - Churchyard
COMP - Computer Fund
Children - Children's Work
DONAT-F4- Donation Fund 4
For any costs related to the setting up and operation of
live streaming in the church (from a donation
specifically for this)
For Vicars House redecoration
Decor - Lichfield Decoratlon
For mission and outreach expenses and related
outgoing donations (from the combination of a number
of funds for mission and outreach many years ago. plus
more recent donations spe¢ifically for this)
For the decoration of the rectory {from donations
specifically for that purpose with diocesan contributions)
The capital is for the upkeep of the Steward Family
graves, with the interest available for the DCC to use as
it so wishes li.e. General Fund), as per the Will of Prof.
Sleward.
For the maintenancelupkeep of the war graves in the
churchyard (from a grant from the Commonwealth War
Graves Commission specifically for this purpose}
MISSION - Mlsslon & Outreach
RECTORYDEC - Rectory Docoration
STEWARD- Prof Steward (Church
WARQRAVES - War Graves
WORSHIPLDR- Worship Leader
For costs related to the Worship Leader (primarily
salary but also training, etc.) (Nole this is a constructive
trust. as per the wishes of the donor}
Page 15

Endowment funds are restricted funds that must be retained as trust capital either permanently or subject to a
discretionary power to spend capital as income, and where the use of any income or other benefil derived from
the capital may be restricted or unrestricted. Full details of all their reslriGtions are shown in the notes to the
accounts.
An explanation of purpose of each Endowment fund are as follows:
The PCC does not hold any Endowment Funds
In¢ome
Planned giving, collections and donations are recognised when re￿IVed or when the PCC becomes entitled to
the resource and the monetary value Can be measured with sufficient reliability. Tax refunds are recognised
when the incoming resource to which they relate 15 received. Grants and Legacies are accounted for when the
PCC is legally entitled to the amounts due and the monetary value can be measured with sufficient reliability.
Dividends are accounted for when receivable,
interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted
for gross.
Exponditure
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or
constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received
specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when il is
incurred and is accounted for gross.
Governance and Support Costs
Support costs should be allocated between governance costs and other support. Governance costs comprise
all costs involving public accountability of the PCC and its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent
with the use of resources eg by allocating staff costs by time spent and other costs by their usage.
Flxed Assets
Consecrated and benefice property is not included in the accounts by s.10121{al&{Cl of the Charities Acl 2011.
Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which
require a faculty for disposal are inalienable property, listed in the Church's inventory, which can be inspected
(al any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and
therefore such assets are not valued in the financial statements.
No depreciation is provided on buildings as the currently estimated residual value of the properties is not less
than their carrying value and the remaining useful life of these assets exceeds 50 years, 50 that any depreciation
charges would be immaterial.
Investments
Investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently
at market value at the year end. Investments held for re-sale are treated as Gurrent asset investments.
Debtors
Debtors are measured on initial reGognilion al settlement amount. Subsequently they are measured at cash
expected to be received.
Creditors and Accruals
Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best
estimate of the amount required to settie the obligation at the reporting date.
Page 16

Statement of Financial Activities for 2023
Unre5trict¢d Designated Restricted Endowment
fund5
funds
funds
funds
Total Prior year
funds total funds
In¢omo and ¢ndowm8nts from:
Donaiions and legacl&s
Inwme from ¢harilable a¢tivrties
Other trading activrties
Investments
Other inGotne
Total income
1,050
50
7.296
93
2,318
110
114,381
6.654
21,203
750
148.32S
11.322
15,074
6.494
13.907
657
9.894
141,965
8,489
2.428
152.8B2
175.Q09
Expendlture on:
Raising Funds
Expenditur8 on charrtaèl8 ac*vth8s
Total expenditure
123
127,576
127.699
123
163.890
164.013
138
22.787
22.787
13.527
13.527
166,186
Net Income Iloxpenditurel resources befor•
transfer
14.266
114.2981
111,0981
18.822
Transfers
Gr055 transfers between funtls- in
Gross transfers between funtls- out
Other re¢ognls¢d galn$ I loss¢$
Gain5 1 losse$ on investment assets
Gain$ on revaluathtin. frxed assets. charfty's own
use
Net movement in funds
1.404
19,2871
11.478
12.20SI
12.879
112.8791
27.149
127,1491
11.388)
6,382
15.0291
112.4841
18,822
Reconclllatlon of funds
Total funds brou
-.￿ht forward
Total funds Garried forward
159 463
154.435
246 967
235,836
228 145
246.967
36,560
44,842
Page17

Balance sheet for 2023
Class and code
Description
This year
Last year
Fixed assets
6430
Church Hall
Total Fixed assets
125,000
125,000
125,000
125.000
Current a￿ets
6500
6501
6502
S505
6507
6510
6511
6515GS
6S15SM
6590
Z05
METRO BANK Current Account
Bank HSBC current accounl
Go op Current Account
Co op 14 Day Account
Co-operative Bank current account
CCLA ICBFI deposit 8ccount
CCLA ICBFI deposit account
Lichfield Decoration Account
Li¢hfield Decorallon Account
Cash in hand
Accounts Receivable
Total Current assèts
7.447
27.742
16.188
8.111
33,555
19,580
1,572
12,884
24,496
11,013
8,018
50,818
18,972
1,523
1,385
10
10
106
7,381
121,691
2,754
131,883
Llabilitles
6699
£04
Agency collections
Accounts Payable
Total Liabilities
5.980
7.383
10,854
9,916
Net Asset surplusldeficiti
235 836
246 967
Reserves
Excess I Ideficitl to dale
Starting balances
Total Reserves
111,131}
246,967
235,836
18,822
228,145
246,967
Z01
Represented by funds
Unreslrioted
Designated
Reslri¢ted
Endowment
Totsl
36,560
154,435
44.842
30,178
159,483
57,326
235,838
246.967
Approved by the Parochlal Church Council on 21st March 2024 and signed on its behalf by:
Signature:
The notes on the following pages form part of these accounts
Page 18

Statement of assets and liabilities for 2023
G¢ner&l Desl
nated Restrlcted Endowment
This
Last
ear
FIx8d assets- Tanglblo assets
Church Hall-
125,000
126,000
125.000
125.000
125,000
125.000
Totals
Current assets- Cash at bank and in hand
METRO BANK Current Account-
Bank HSBC current account-
Co op Current Account-
Co op 14 Day Account-
Co-operative Bank current account-
CCLA ICBFI dep0511 account-
CCLA ICBFI deposit account-
Lichfield Decoration A¢¢ounl-
Lichfield Decoration Account-
Cash in hand-
2.357
7.798
15.494
5,090
177
7.447
27,742
16,188
12.884
24.496
11.013
8.018
50.818
18.972
1,523
1,385
19.766
418
1,470
1,572
6.293
26,846
18.110
33,555
19,580
1,572
10
1c6
114,310
106
29.212
Toial$
34.170
50,927
129.129
Current a5se15- Debtors
A¢¢ounts ReCeiva￿e-
7.287
7.287
94
7.381
7,381
2.754
2.764
Totals
Llabllltles- Agency accour
Agency collections-
5,980
5.980
5,980
5.980
7.383
7,383
Totals
Llabiliti8s- Creditor5- Amounts falling du? In
one year
Accounts Payable-
Accounts Payable-
1801
4.829
106
4,874
1,725
807
2,533
Total$
1601
4.829
106
4￿74
t3tartd total
235 636
246 967
Statement of assets and Ilabllltles for 2022
Class and nomlnal cod?
General
Desi
nated
Res¢ri¢ted
Endovmient
Totsl
La$t
ear
Fixed Asset-Tanglble Assets
6430.. Church Hall
125.000
125,000
125.OCrt)
125,000
125,000
12S,000
Total
urrentAss*t- Cash At Bank And In Hand
8500.. METRO BANK Current A¢¢ounl
6501." Bank HSBC current attount
e502. Co op Current Account
6505.. Co op 14 Day Account
6507,. Co-weralive Bank current a¢court
6510, CCLA ICBFI deposit account
6511. CCLA ICBFI deposit aecount
6515GS." Lichfi&ld Decoration Account
6515SM. Lichfield Decoration Aco)unt
6590." Cash In hand
6590.. Gash In hand
5,946
5,022
10,864
6,937
177
12,883
24.495
11.012
8.017
50.818
18.971
1.522
1.384
10
19.295
15.915
15.225
8,007
38,51e
18,725
1,4
1,384
8.017
8,541
1,821
861
1,522
40,455
18,109
1.384
10
Ttstal
26,050
35.854
67.222
129.128
99,398
Current As50t- tlebto
Z05." Accounts Receivable
Z05.. Accounts Receivable
ZOS.. Accounts Receivab
2,119
2.754
2,754
2,754
2.754
4.032
6.686
Totsl
Ll8blllty- Agency Accounts
6699.. Agency colkctions
699.. Agency colkctions
8699.. Agency colkction5
445
445
522
128
8,846
9,296
S.937
7,383
6.937
7.383
Totsl
Liability. Q￿dIt￿￿'. Amounts Falling Due In One Year
Z04" Accounts Payable
Z04. Account$ Payable
Z04.. Accounts Payable
1,271
1.480
11,5821
11.5821
16
7.711
7.739
120
1.391
Total
11,3731
2.513
2.532
Ngt totsl a6s8ts
1S9463
246.966
Page 19

Fund movement by type for 2023
enin
Incomin
Out
oin
Transfers Gaills/losses
Closi
Bullding- Bulldlng Fund
Designated
Restricted
7,320
148
7,468
2.771
856
3,627
4.329
310
4,839
5.763
693
6,456
Su￿101a1 for Building
CHANCEL. Chan¢el Llability
Reslrthd
10.041
10,041
10,041
10.041
Sulhtotal for CHANCEL
CHARGIVIND. Charltsblg Givlng D
D¥YJnated
5.482
5.482
5.520
5,520
5.075
5,075
5.037
5,037
sub.total for CHARGIVIND
CHL- Coven Heath Legacy
Designated
93
93
6.111
6,111
Sub-total for CHL
6,01B
CHRCHMAIND- Church Malntenance
Desvjnaled
50
Sub-totsl for CHRCHMAIND
2,216
2,166
CHRCHMAINT. New ChurGh Malntenan
Restricted
110
110
Sub-totsl for CHRCHMAINT
110
CHURCHYARD- Churchyard
Restricted
87
87
95
95
Sub-total for CHURCHYARD
COIJJP. Computer Fund
Restricted
700
700
699
699
Sub-total for COMP
Charity- Charity Fund
Designated
2.552
2.562
2,552
2,552
Sub.totsl for Chorlty
Ch¢ldren- Children's Work
D851gnated
Restricted
290
177
467
290
177
467
Sub-total for Chlldren
Coffee- Coffee Morning
De$ignated
320
320
320
320
SU￿10181 for Coffoè
Contin. Contingèn¢y
DÈsKJnated
2.OOD
2,000
s￿￿t01a1 lor Goniin
2,000
CovenHe8th- Coven Heath Outw¢h
Designated
4,844
329
329
Sub-total for CovenHeath
4,Sf4
DONAT-F4- Donatlon Fund 4
Reslrthd
882
682
682
682
Sub4otal for DONAT-F4
Decor- Llchfleld Decoratlon
Restricted
1.385
1,385
1,385
11,3851
Sub-total for Decor
General- General fund
Unrestncted
141.965
141.965
127,899
127,699
7.884
17.8841
38.580
36.560
s￿￿tOtal for General
30,178
HALL- Hall
Designated
534
534
5,565
5,565
7.763
7.763
Sut*total fol HALL
1.664
Page 20

HALL-ASSET- Hall As$et
De519naled
125,000
125,000
125.000
125.000
sub.total for HALL-ASSET
MISS.DES. Ml$$lon
Designated
2,405
2.405
10
10
2.188
12.1B81
150
150
Sub-totsl for MISS-DES
77
MISSION. Mlsslon & Outreach
Restricted
4,712
4.712
590
$90
2.879
2.879
Sub-total for MISSION
2,422
RECTORYDEC- Rectory Decoratlon
Reslrthd
10
10
10
10
sub.total for RECTORYDEC
STEWARD- Prof Steward (Church
ReStr￿ted
18.110
18,110
18,110
18,110
Sub4otal tor STEWARD
SpocDon- Sp¢ciftc Donatlons
Designatetl
5,250
6,250
5.250
5.250
Sub-total for Sp8cDon
WAR￿RAvES- War Graves
Restricted
165
166
Sub-total foT WAR-GRAVES
50
118
WORSHIPLDR- Vlorship LeadeT
Restricted
9.478
9,478
12.493
12,493
Sub-totsl forWORSHIPLDR
21,971
Grand total
152.882
164013
235.836
Fund movement by type for 2022
Fund
Building
Designated
eni
In¢omin
Out
oin
Transfe
GalnslLosses
Journals
Closln
5.116
5.116
3,137
3.137
933
933
Sub.totsls
7.320
Buildlng
Resiricied
3.061
3.061
3.753
3,763
148
sub.totals
CHARGIVIND
Desi9nated
5,482
5.482
5.482
S.482
Sub-tota15
Chlldren
Designated
Restrthd
289
289
177
467
300
300
122
122
Sub-total8
289
CHL
Designated
6.007
6,007
6.017
6.017
s￿￿Ota￿
CHRCHMAIND
Oe519n3led
90
90
2.159
2,159
2,LK9
2.069
Sul>ttstals
CHURCHYARD
Restricted
662
662
576
578
SulAotals
Contln
Deswnated
2,000
2,00
2,000
2.000
Su￿10tal$
Decor
Restrided
su￿10th1$
1.384
1.384
DONAT-F4
Re8tricl8d
832
832
149
149
682
682
sU￿10131s
¢noral
Unrestrlctsd
4,541
4.541
28.463
28,463
21.OS8
21,068
2.845
12.B451
9,091
9,091
SU￿tOtal9
HALL-ASSET
Designated
125,000
125,000
125.000
12S,000
Sul￿t01a18
LIThLE￿NG
Page 21

Restricted
39
39
39
39
Sub-tota15
PARISHSOCQ
Restricted
S￿￿t01a15
WORSHIPLDR
Reslncted
25.126
15,126
sU￿t0￿[s
3.155
General
Unrestry¢ted
21.970
13.662
13,662
69.563
69,563
58.843
58,643
21.895
121,6951
2.687
2,687
Su&totals
Genpral
Unrestrid8d
14.165
14.165
28.388
28.388
31.674
31,674
10
10,870
10,870
Su￿tOtal¥
Goneral
Unrestricted
3.967
3.967
3.821
3,821
7.527
7,527
su￿t01a15
7,382
CHANCEL
ReStr￿d
10.041
10.041
10.041
10,041
Sub4otals
Coff8a
Desrgnated
319
319
319
319
Sub-totals
SpecDon
Deslgnaied
2.950
2,￿0
2,300
2.300
Sub-totals
5,250
CovgnH8ath
Designated
5.019
5,019
175
175
Sub-totsls
4.843
Charity
Designated
3.(￿8
3,068
5.913
5.913
Sub-totsls
HALL
Desgnated
9.173
9.173
22,235
22,235
13.597
13.597
534
534
Sub-tota15
MISS.DES
Designated
2,405
2A05
2.405
2,405
Sub4otals
MISSION
Restricted
5.545
5.545
4.711
4,711
Sub-totals
833
CHRCHMAINT
Reslrthd
132
11321
75
78
489
489
545
S45
Sub4otals
STEWARD
RestriGted
18.109
18,109
18.109
18.109
Svb-totsls
RECTORYDEC
Re51rrcted
10
10
10
10
Sub-tr*tsl$
WAR-GRAVES
Restricted
73
73
168
168
175 008
239
239
156 186
Sulhtotal$
Totals
Page 22

Analysis of income and expenditure for 2023
Total
egr
UDrestrieted Desi
nated Re5tri¢ted
EDdowmeNt This
Last
ear
INCOME AND ENDOWMENTS
Donations and legacies
0101 Gift Aid- 8ank
0110- Gift Aid- Envelopes
0201 Other planned giving
0301 Loose plat8 collections
0401 Regular gift days
0501 - One-off Gift Aid gifts
0510- Gifts of quoted securities
0550- Donations appeals etc
0601 - Tax recoverable on Gift Aid
0701 Legacies
0801 Recurring grants
08A1- Non-recurring one-off grants
Donations and legacies Totals
44,624
10,919
17,091
12,553
490
45.114
10,919
17.441
12.$53
44.748
11.617
22.624
8.788
350
100
100
3,427
2,485
22,240
1.050
1.313
4,848
22,240
37,120
18,267
165
1,000
114,381
165
1,594
148,329
1.000
111.013
1.050
2,318
Income from charltable activities
0901- Other funds generated
1101 Fees for weddings and funerals
1105- Local Fee Income
1106- Fees for Weddings
Income Irom charttable activitie5 Tota15
3.260
7,915
147
4.331
126
2,037
6,494
110
4,491
126
2,037
6,6S4
50
11,322
other trading activities
1240- Chuith hall lethngs- fund
raising
Other tradlng actly1￿e$ Totals
13,907
7,296
21,203
15.074
13,907
7,296
21,203
15,074
Investments
1020- Bank and building society
interest
657
93
750
284
Investmgnts Totals
657
93
750
284
Other Income
1300- Miso Ir￿rne
Other Incomè Totals
Income & endowments Grand Totsl$
9,894
9,894
141.965
9,894
9,894
152.8B2
8.489
2.428
17S,009
Page 23

EXPENDITURE
Raising funds
1720- Costs of stewardship
catnpaign
1730- Costs offetes & other events
Raising funds Totals
123
123
113
25
138
123
123
Expenditure on charitable acttvltles
1801 Giving to missionary s(Kieties
1830- GNing- relief and
devdopment agencies
1850- Home mission
1870- Secular charities
1871 Charitable Help
1910- Ministry parish sharè 8t
2001- As&stant staff costs
2010- Salary Office Administrator
2020- Salary of Vvorship Leader
2030- Salary of Cleaner
2050- Salary of parish administrator
2101 - Working expenses of
incumbent
2102 - Funeral Mileage expenses for
Lay Reader
2130- Virar5 house expenses
2131 Vicarag8 Expens8S
2201 Parish training and mission
2202- Support Costs
2301 Church running- insurance
2310 - Church office- telephone
2311 Church Running Te16phon$
2320- Organ I piano tuning
2330- Church maintenance
2331 Cleaning
2333 - Church Maintenance
Preventative
2335- Catering
. 2340- Upkeep of services
2350- Upkeep of churchyard
2351 - Upkeep of war graves
2359- PCC Expenses
2360- Adrninislralion
2361 Photocopier
2401 Church running- electric
2410- Church running- ga5
2420- Church running- water
2440- Church wnning- heating and
lightin9
2530- Hall Funning- elethcity
2540- Hall running- ga$
2550- Hall running- insurance
2560- Hall running- rnainlenan
2S80- Hall running - water
2590- Hall running - heating and
lighting
2601- Govèrnan￿ costs
examinalionlaudit fee
2801 - Hall + major repairs- Structure
Expendrture on Charitabl•
a¢tlvitl¢s Total
Expendlturè Grand Totsl¥
2,959
3,921
830
3,789
4,381
3.532
1.089
460
500
240
952
740
952
2,400
1,272
1,762
61,966
907
fj4,964
3,709
3,709
9.408
1.668
9,302
1,076
9.408
1,668
9,302
1,076
9,528
28
28
1,495
1,495
2,860
3.609
2,860
1,134
355
2.119
1.730
29
6,135
1,210
313
225
8.249
3.412
2,292
6,608
1.473
6.6C6
1,473
470
3,008
1.200
470
9.607
2,655
1,422
6,179
1,455
1,422
420
24
2,471
240
24
3.222
360
50
52
120
699
4,940
10
239
2,876
4,438
1,152
3,867
8,555
3.286
1,677
6,483
10,016
522
488
3,450
1,677
6,483
10,016
522
252
252
348
2.037
2,333
1,382
797
120
607
2.037
2,333
1,382
797
120
625
1.221
1,327
1,279
8,098
150
18
324
324
9.730
156,049
127,576
22,787
13,527
163,890
127,699
22,787
13,527
164,013
156,186
Page 24

Allocation of Support Costs
Support costs comprise Trustee Training and Governance Costs etc. Due to the nature of the financial
activities of the PCC, these would be allocated across Charitable Expenditure which comprises the majority of
its expenditure and as such are automatically charged there.
staff Costs
2023
24,087
2022
16.612
es & Salaries
Avera
e Number of em
ees
During the year the PCC employed a church cleaner, a Parish Administralor, a Worship Leader and an office
administrator {all part-time). Two employee's payments were large enough to attract social security costs.
There were no employee benefrts to key managemenl personnel in the previous or current year.
Trustees, Remuneration & Expenses
There has been no Trustees remuneration during the year.
No Trustee expenses have been incurred during the year.
Relatsd Parties
' No other expenses were paid to any other PCC member, persons closely connected to them or related parties.
Donations from 13 related parties IPCC membersl totalled £26,290 [£25,530 20221.
Fees for the examination of the accounts
2023
324
2022
Inde
endenl Examiner's Fees
Other Fees
accountanc
service5
Paid to the Inde
endent Examiner
Page 25

Analysis of Transfer between Funds 2023
Analysis of transfers belween Restricted and Unrestricted Funds for 2023
RefererK•
Dat¢
Acc¢
Coded85criptio
Detit
Credit
D85cripllon
Fund
Fund
Rea50nforTFansfor
Ag￿ed￿rth donor
01111120
6502
Goopcurrenl
ComwlerFund io
comp
Re5
Remaining bal3rttafier
urchase ofnew PC.
ReMai[￿ng balance after
urchase PC.
VKartge detordliont05ts
Agreed withdtsnor
01111￿023
6502
Coop Curteni
Attount
Cu up Currenl
Account
CofflpuièrFund to
Genethl Fund
LKa)field Decoration
Fund lo Geneial Fur
GÈn¢rdl
Unr
Fr(th LKhfield Dec
FL￿d VKarè)e
DecoR1￿￿
From LKhfieid De
FUNJ Viurage
DeGoralion
20111Q023
e502
General
Unr
1,385
2011112023
6515GS
L4chfiehl OKornlron
Account
Lthfield OKoRIio
Fund lo General Fund
DKor
Vraragedecorntioncosts
1.385
Analysis of Transfer between Funds 2022
c*tè
AG¢OUnt
L*blt
Cred
Fund
Fund Typ•
01101tt022
6430
-2.781.00
Alhxaiea rth)ey lor Cthal*ab￿Gfvfftg
A*xaiert Ntsney lor charttab￿G￿n5
lEadNstsT￿￿LT0r 2022 Accounls
IEadiuslTrÈnl for 2022AcciYJniS
Transferto Cthar*y Fu
Tian5fer fromGeDeial Fund
General
Lmr
0110112022
e4
-2.751.QO
Cbaily
G8nEr
CÈS
0110112027
6501
2.751 OQ
olm1￿022
6SD1
2.751.OD
cknarly
General
301C612022
6501
497
10612022
6501
497
Chartty
¢enpral
&rity
General
3110812022
6SDI
499
TrAp5￿T0¢￿ARfP{ FWD
3110812022
499
3011112022
6801
1.270.00
TPANsF&ToCK4￿ FiJ4D
3Q111ll022
6501
1.270.00
579
FRO￿G￿￿L F
Cberrty
Charty
General
3911Y2022
5501
2911212022
6S01
579
TrAPISFStTO CH4RtrY Fi
3111212022
6505
9.16
3111212Q22
65QS
9.16
Gjneral
17I0Y2022
65D7
545.58
G8r*rJlF￿ld io Church FloinlsnanE& Fund
GeneralFund iothurth Fund
171U312022
6507
$45.68
Cèner
0412022
S.808.60
GeneraiFuM 10 FkllFund Ideslnatedl
FWLL
lli:"Ill,
3W412022
6507
405
GeneralFuThJ I0(*u￿h Wonten¥Ke Fund
Gener
6507
4Q5
G8n8ra1FU￿tOry1urch FL￿d
3W12022
6507
S,U050D
29$
General FundtoFkllFuna Ides&n*dl
General Fundto thurch FuThJ
General
3110512022
e507
General
31IOW2022
6507
296
Gener* Funolo LXur¢h ￿￿tenanc? FuThY
CHFVM41M)
t*5
29m712022
6507
9,￿043
GEnera Fundto K311 Fund Idesynaiedl
GpnErpJ Fundto H￿1 Fund IdÈ5pJnEiedl
Genera FuNd lo thurch I¢Ainl Ides) Fund
Gtrner￿ Fund 10 ￿￿Ch fvklni. Ides) Fund
¥lldes¥JDalEdl FundiQ Gen¢ralFuThY
Ildesvwaledl Fundla GEneralFu￿1
GeneralFund lo Church h&￿IEn*￿￿e{dES￿Tr8ledl F￿d
GeneralFund iothurch Atsthenanceidesjneiedl Fund
k*lFtsnd Ides$nated}to Geneial Fund
IFuDd1¢8¥¥n*fjdl to GBnfjro1 Fun¢
GEneral Fundto fthurch Fund Id¢$l
Gener*1 Fundto thufch ￿￿￿tenan¢t Fund Id4$1
Orrtab￿ G￿￿9 2022
ar(ab￿ Gwhg 2022
H4LL
29t0712022
6507
9,09043
General
31￿712022
6W7
3110712022
6W7
General
31￿9120?2
6507
Gener¥1
3110812022
3110bQ022
LL
$43
3110812022
$43
General
Lmr
3W912022
6507
L4LL
30A)W202Z
6507
Gpneral
1211W2022
5507
517.96
1211212022
8507
517.98
General
Lhr
6507
5,482.07
CHARG￿lM?
3111¥2022
65Q7
5,482.07
Gpner
Page 26

Fixed Assets
Tangible Fixed Assets
Freehold
Buildings
Total
Assets
Cost or Valuation
Asat1Jan
Additions in the Year
Dis
osal in the Year
Revaluation
if an
Value at 31 Dec
125.000
125,000
125000
125 000
Accumulated De
Asat1Jan
Char
e for the Year
Dis
osals
Value at 31 Dec
reciation
Net Book Value at 1 Jan 2023
Net Book Value at 31 Dec 2023
125,000
125,000
125,000
125,000
The parish has one fixed asset, which is St Mary's Church Hall. The Net book value at 31¥1 December 2023 is
£125,000.
Fixed Asset Investments
The PCC does not hold any Fixed Assets Investments
Current Assets - Debtors
2023
2022
2.754
Gift Aid recoverable
Pre
mentslaccrued Income
Other debtors
Total
409
7.381
2.754
Liabilitlos-Amounts falling due in one year
2023
2022
2,533
Accruals
Pre
aid Hall Hire De
Other Creditors - A
Total
osit
en
37
7,383
9,916
Page 27

Summary of Assets by Fund 2023
Unrestrlcted
General fund
3fj.￿O
36.560
30,178
D8signated
Building Fund
Charitable Giving D
Charity Fund
Children's Wo¢
Church Maintenance
Coffee Moming
Contingen
Coven Heath Legacy
Coven Heath Outreach Fund
5.763
5.037
5.763
5.037
7,320
5,482
290
29)
320
2,000
6,111
4,514
320
2.0
320
2,OCN)
6,018
4.514
534
125.000
2.405
5.250
Hall Asset
Mission
Spe¢ffi¢ Donations
125,000
150
5,250
125,000
150
5,250
Restricted
Building Fund
Chancel Liabilty
Children's Work
Churchyard
Computer Fund
Donation Fund 4
Lichfield Decoration Aeceunt
Mi55ion & Outreach
New Church Mainten8nc8
Prof Steward (Church Hall)
Rectory Decoration
War Graves
Worship Leader
693
10,041
10,041
177
95
10.041
177
87
682
682
1,385
4.712
2.422
2,422
18,110
10
118
12,493
18.110
10
118
12.493
18,110
21.971
Total
36,560
154,435
44.842
235,836
246,967
Summary ofAssets by Fund 2022
Unrestrlctsd
General
Genfrral fund
General fund
Geneial fund
Designated
Building Fu
Charitable Gwing D
Charity Fund
Children's Wotk
Coffee Morning
Gontyngency
Coven Heath LegaGy
Qoven Heath 0￿reach Fund
Hall
Hall Asset
Mission
Specffi¢ Donatior
Restricted
Agency ¢gllection
B￿lIdIng Fun(J
Chancel Liabllty
Child￿￿,$ Work
Churchyard
Donation Fund 4
Ll¢hfield De¢ornti￿ Account
LItUe Angels
Mi$$ion & Outrea¢h
New Churth Maintenance
Parish Social Committee
Piof Steward (Church Hall)
Re¢tory Decoration
Wotship Leader
9.091
2.687
10.870
7.527
9.091
2,687
10,870
7,527
4,541
13,662
14,139
3,967
7,320
5,482
7,320
5.482
5.116
3.Q68
289
319
2.000
6.007
5.019
289
319
2.000
6.017
4.843
534
125.000
2.405
5,250
319
2,000
6,017
4.843
534
125,000
2,405
5,250
125.000
2,405
2.950
26
3.￿1
10.041
148
10.041
177
86
148
10.041
177
86
832
1.384
39
5.545
1,384
1,384
4,711
4,711
18.109
10
21,970
18.109
10
21.970
18.109
10
Totsl ftJnd$
189.640
67,326
246,966
228,144
Page 28

Statement of Financial Activities Comparatlves
Previous Year 2022
statement of Financial Activities for 2022
Untestrlcted
Restricted
Endovmient
2022
2021
Income and end¢)bwnerts from:
Donation$ and legacies
Income frorn tharilable a¢tivrties
Other trading aGtivrt￿s
IDve51tnenls
Other income
Total inGome
121,848
11,￿2
15,073
284
26,479
30
148.328
11.322
15.073
284
120.220
7.849
12.397
148,497
26.509
175,007
153,477
Expenditure on..
Raising Funds
Expendrtur& on Charitab￿ activiti8S
Total expendltur?
137
146.689
146.826
137
156.048
156,185
135.825
135,941
9,369
Net Incomel lexpenditurel re50UTce5 befls
transfer
1.872
17,149
18,822
17.537
Transfers
Gross transfers between funds- in
Gross transfers between funtls- out
0th8r recognised gains I losses
Gains 1105ses on investment as$Èts
Gains on waluation. fixed assets, chaiity's ewn
use
Net movement In funds
28,603
127,1491
545
27,148
127.1491
18,705
118,7061
1,127
17.694
18.822
17.537
Reconclllatlon of fund5
Total funds brou
..￿hlI0￿rd
Total fund5 carried forwdrd
189.64
57,325
246,966
229,605
Page 29

Notes to the Accounts
1. In 2022 an appeal was made across the Parish which resulted in increased income against codes 0501..
One-off Gift Aid gifts and 0550.. Donations appeals.
2. There were new regular hall hires in 2023 resulting in an increase in income against code 1240- Church
Hall lettings - fund raising.
3. In 2023 The Church of the Good Shepherd received a large refund from Water Plus, following a lengthy
dispute. This is shown against code 0901: Other funds generated.
4. In 2023, salary costs are identified against codes 2010.. Salary offi￿ Administrator, 2020.. Salary of
Worship Leader, 2030.. Salary of Cleaner and 2050.. Salary of parish administrator, but in 2022 these costs
were included in codes 2340.. Upkeep of services and 2331.. Cleaning.
5. In 2022 St Mary's Hall had major refurbishment work, recorded against code 2801-. Hall + major repairs-
structure.
6. In 2023 there was a Parish Mission and Training event. The expenses are recorded against code 2201..
Parish training and mission.
7. The transfer from Decor- Lichfield Decoration (Restricted) Fund was to reimburse expenses paid fram
General Fund for the redecoration work at the Church of the Good Shepherd Vicarage in readiness of the
arrival ofthe new incumbent.
Page 30

Page 31