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2023-12-31-accounts

St Cuthbert North Meols

A member of the North Meols Team since 1st December 2003.

Registered Charity No. 1133850

A Parish situated in Churchtown, Southport, Merseyside and a member of the Diocese of Liverpool.

Annual Report of the proceedings of the Parochial Church Council Balance Sheet and Statement of Financial Activities for the year ended 31st December 2023

Team Rector

Reverend Rebecca Clarke, The Rectory, 20 Moss Lane, Southport PR9 7QR

Accountants

Mayfair Associates, 21a Hoghton Street, Southport PR9 ONS

Independent Examiner

Mr Robert Corbett, 40 New Lane, Southport PR9 8LH

Gift Aid Secretary

Mrs Susan Greer

Bankers

Natwest, 130 Lord Street, Southport PR9 OAE

Quinquennial Architect

Mr Ian Volland, NJSR Chartered Architects LLP, 59 Hoghton Street, Southport PR9 OPG

Contents

PCC Report .............................................................................................. 1 - 4 Independent Examiner’s Report.................................................................. 5 Balance Sheet .............................................................................................. 6 Statement of Financial Activities ................................................................ 7 Notes to the Financial Statements ....................................................... 8 - 12

Parochial Church Council of St Cuthbert North Meols Annual Report for the year ended 31st December 2023 Administrative information

St Cuthbert’s Church is situated in Botanic Road, Churchtown, Southport. It is part of the Diocese of Liverpool within the Church of England. Since 2003, St Cuthbert’s has been part of the North Meols Team Ministry comprising the three parishes of St Cuthbert in North Meols, St Stephen in Banks, and St John in Crossens. The correspondence address is :

Parish Hall Office, Botanic Road, Churchtown, Southport PR9 7NA.

The Parochial Church Council (PCC) is a charity. The registration is listed as ‘The Parochial Church Council of the Ecclesiastical Parish of St Cuthbert, North Meols.’and the registered number 1133850.

The following members have served during the year :

Chairman, Rector Reverend Rebecca Clarke Vice-Chairman Mr S Hopwood Team Rector Reverend Rebecca Clarke Reader (ex-officio) Mrs B Jagger Wardens Mr M Clarke Mrs A Evans Mr S Hopwood Secretary (appointed, not elected) Mrs D Judge Parish Clerk (appointed, not elected) Mrs D Judge Treasurer - link with Diocese Link with Accountant Gift Aid Secretary Mrs S Greer Diocesan Synod Representatives Mr R Abrams Deanery Synod Representatives Mrs B Jagger Mr R Abrams Mrs Dorothy Lee-Ogden

and

Mr Paul Jones Mrs Angela Hadfield Mrs Catherine Howard Mr Howard Midgley Mrs Eileen Kilner Mrs Sue Dixon

1

Structure, governance and management

The members of the PCC are either ex-officio or, in accordance with the Church Representation Rules, elected at the Annual Parochial Church Meeting. In 2023 it was held on 21st May.

For the purposes of all financial, accounting, legal and administrative purposes and transactions, the PCC is legally deemed to be, and acts as, a corporate body.

‘The Parochial Church Council (PCC) operates under the Parochial Church Councils (Powers) Measure 1956 and the Church Representation Rules and The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006) and a charity currently excepted from registration with the Charity Commission’. ‘The general functions of the PCC are stated within section 2 of the Parochial Church Councils (Powers) Measure 1956. When planning our objectives for the year, the PCC gave consideration to the Charity Commission’s guidance on public benefit and, in particular, the specific guidance to charities concerned with the advancement of religion’.

The PCC is the main governing body of the Church and operates with the assistance of a Standing Committee. There are no other official sub-committees of the PCC. Working parties are established to plan for a specific project such as Worship Committee. Other groups/committees work on a more continuous basis, for example, Protection for All, Rose Queen and Summer Fair and the Hall (maintenance and management) Committees. These may include members of the Church who are not on the PCC. The PCC sets the policies under which these groups and committees work. The recommendations of the Standing Committee and the working committees and groups are put before the PCC for approval and ratification. The PCC requires reports from each of the groups which are included in the Report on Activities, Groups and Organisations presented at the Annual Parochial Church Meeting.

Objectives and activities

It is the principal objective of the PCC to co-operate with the clergy of the North Meols Team Ministry in promoting, in the Parish of North Meols, the whole pastoral, evangelical, social and ecumenical mission of the Church. There are 2 clergy members in the North Meols Team: the Team Rector,Rev’d Rebecca Clarke, and Rev’d Stewart McTaggart.

Achievements and performance

On the 31st December 2023, there were 99 persons on the electoral roll. The average attendances (16+) at the Church services on a Sunday over the last nine years are:

----- Start of picture text -----
2023 2022 2021 2020 2019 2018 2017 2016 2015
----- End of picture text -----

2023 2022 2021* 2020* 2019 2018 2017 2016 2015
8.30am 0 0 0 16 16 16 16 15 16
10.30am 65 61 57 52 72 69 59 61 69
6.30pm 0 0 0 15 25 29 22 26 25
Total 65 61 57 83 113 136 122 127 129

*2020 & 2021 were the years of the covid pandemic and Church was closed due to lockdowns. There is also a service of Holy Communion at 10.30am every Wednesday morning.

Baptisms

The figures given above do not include the families and friends who were welcomed at the monthly Services of Baptism, during which 13 baptisms took place in 2023 (20 in 2022). All the families demonstrated a connection with St Cuthbert’s and baptism was, therefore, agreed for pastoral reasons.

Confirmations

There were 0 confirmations in 2023 (0 in 2022).

Weddings

10 weddings took place during 2023 (12 in 2022). All the couples demonstrated a qualifying connection with St Cuthbert’s.

Funerals

16 (20) funerals or memorial services were held in Church. There were 5 (5) burials in the Churchyard and 26 (29) interments of cremated remains. (The equivalent figures for 2022 are in brackets.) In addition,5 (9) funeral services were held in their entirety at the Crematorium.

2

Review of the year

The PCC met on 2 occasions in 2023. The Standing Committee met between PCC meetings.

The Churchyard

George Wilson was appointed Gardener in May 2014. He has looked after the graveyard during 2023 with the grass being cut on a regular basis. For part of the year (summer growing season) George had help from Steve Judge who worked approx. 4 hours a week.

Policies

Policies, such as Health and Safety, and particularly Protection for All, are kept under regular review.

Safeguarding

The Church of England its archbishops, bishops, clergy and leaders are committed to safeguarding as an integral part of the life and ministry of the Church. Safeguarding means the action the Church takes to promote a safer culture.

The Church of England safeguarding policy statement is based on five foundations and offers six overarching policy commitments:

This policy applies to all Church bodies and Church officers which includes members of the PCC and paid or unpaid staff.

St Cuthbert’s Church adhere to all current policies with regard to safeguarding.

Reports

Reports were received from the Deanery Synod, and the Deanery Pastoral Committee.

More information can be found in the report on Church Activities and Groups, published separately.

2023

The intention of the Rector and the PCC with regards to our financial, mission and ministry of St Cuthbert’s Church is:

3

Financial review

In 2023 a large proportion of our income was received through tax efficient giving schemes; thus, collections and donations of £52,706 in total, an increase of £6,683 on 2022 were enhanced by £11,828 Gift Aid from HM Revenue & Customs. We also raised £11,766 from fundraising events and £21,175 from hall letting fees, in total £10,685 higher than 2022.

Overall in 2023 our total funds reduced by £31,591, being mainly due to ongoing increased gas and electricity prices, high parish share allocation, a £3,800 cost to remove dangerous trees in our churchyard and the fact that our running costs continue to exceed our income. However, taking only unrestricted funds and spending into account, the year 2023 produced a net loss of £43,399 and resulted in an end of year balance of unrestricted funds carried forward to 2024 of £54,504. Therefore a similar financial performance in 2024 would see all available funds exhausted. It is therefore difficult to see how St Cuthbert’s would be able to meet its financial commitments beyond 2024 without a significant increase in income and/or decrease in spending. Achieving this will be a significant challenge for the PCC to manage during the remaining months of 2024.

Reserves Policy

The PCC aims to maintain general reserves at such a level that working capital is maintained at a level equivalent to approximately at least two months general fund expenditure.

This financial report was received by the members of the PCC on Wednesday 20th March 2024 and duly accepted.

4

St Cuthbert North Meols Independent Examiner’s Report to the PCC

I have conducted an independent examination of the financial statements of the Parochial Church Council of St Cuthbert, North Meols for the year ended 31st December 2023.

Respective responsibilities of Trustees and Examiner

As members of the PCC, you are responsible for the preparation of the financial statements. The PCC members consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to issue this report on those financial statements in accordance with the terms of the Regulations.

It is my responsibility to:

Basis of the Independent Examiner’s Report

My examination was carried out in accordance with general Directions given by the Charity Commission. An 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 the PCC concerning 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 matters set out in the statement below.

Independent Examiner’s Statement

In connection with my examination, no material matters have come to my attention which give me cause to believe that in, any material respect:

Mr R Corbett 40 New Lane Southport PR9 8LH

Signed: Dated:

5

St Cuthbert North Meols Balance Sheet as at 31st December 2023

2023 2022
Fixed assets
200: Church Hall 200,000 200,000
205: Depreciation (199,999) (199,999)
Total Fixed assets 1 1
Current assets
300: Stock of resaleable items 246 194
507: Churchyard bank account 668 528
508: Unilever plc shares 65,816 72,432
600: Bank current account 16,440 13,161
601: Bank capital reserve account 5,024 7,390
603: Cash in hand 112 112
604: Associated groups 222 112
Z05: Accounts Receivable 2,162 583
Total Current assets 90,691 94,511
Liabilities
Accounts Payable 35,506 7,736
Total Liabilities 35,506 7,736
Net Asset surplus (defcit) 55,185 86,776
Reserves
Excess / (defcit) to date (24,975) (30,239)
Z01: Starting balances 86,776 112,919
Z02: Other gains/(losses) (6,616) 4,096
Total Reserves 55,185 86,776
Represented by Funds
Unrestricted 54,504 85,066
Designated 681 1,711
Restricted - -
Total 55,185 86,776

Approved by the PCC at its meeting on 20 March 2024

There may be minor discrepancies in the totals if the pence are not being shown.

6

St Cuthbert North Meols Statement of Financial Activities for the period from 1st January 2023 to 31st December 2023

Income and endowments from:
Donations and legacies
Income from charitable activities
Investments
Other income
Total income
Expenditure on:
Raising funds
Expenditure on charitable activities
Other expenditure
Total expenditure
Gains / losses on investment assets
Net income/(expenditure)
resources before transfer
Transfers
Gross transfers between funds - in
Gross transfers between funds - out
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Unrestricted
Designated
Restricted
Endowment
Total
Prior year
funds
funds
funds
funds
funds
total funds
69,136
-
-
-
69,136
56,712
35,302
32,797
296
-
68,396
65,701
2,656
-
-
-
2,656
2,697
1,283
-
-
-
1,283
8,064
108,378
32,797
296
-
141,471
133,175
24,428
19,192
-
-
43,619
42,897
82,096
1,506
296
-
83,898
82,285
21,983
16,946
-
-
38,929
38,233
128,507
37,643
296
-
166,446
163,414
(6,616)
-
-
-
(6,616)
4,096
(26,745)
(4,846)
-
-
(31,591)
(26,143)
-
3,817
-
-
3,817
30,823
(3,817)
-
-
-
(3,817)
(30,823)
(30,562)
(1,029)
-
-
(31,591)
(26,143)
85,066
1,711
-
-
86,776
112,919
54,504
681
-
-
55,185
86,776

There may be minor discrepancies in the totals if the pence are not being shown.

7

St Cuthbert North Meols Notes to the Financial Statements Year ended 31st December 2023

n Accounting Policies

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective 1 January 2015, SORP(FRS102), as amended by Update Bulletin 1, effective 1 January 2016, and the Financial Reporting Standard applicable in the UK and Republic of Ireland, FRS 102, published September 2015.

The financial statements have been prepared under the Charities Act 2011 and the 2008 accounting and reporting regulations made thereunder, based on the current version of the Charities SORP (SORP(FRS102), as disclosed above.

The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value.

n Volunteers Policy

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

n Incoming Resources

Voluntary income and capital sources

Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under gift aid is recognised only when received. Income tax recoverable on gift aid donations is recognised when the income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due is quantifiable and its ultimate receipt by the PCC is probable. Funds raised by the Christmas fair, Rose Queen and similar events are accounted for gross. Sales of books and magazines from the church bookstall are accounted for gross.

Other income

Rental income from the letting of church premises is recognised when the rental is due.

Income from investments

Dividends are accounted for when due and payable and interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognised in the same accounting year.

Gains and losses on investments

Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investments at 31 December.

8

n Resources Expended

Grants

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.

Activities directly relating to the work of the Church

The diocesan parish share is accounted for when paid. Any parish share unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet.

n Fixed assets

Consecrated property and movable church furnishings

Consecrated and beneficed property of any kind is excluded from the accounts by s.10(2)(a) of the Charities Act 2011.

Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are accounted for as inalienable property unless consecrated. They are listed in the Church’s inventory which can be inspected (at any reasonable time). For inalienable property acquired prior to 2002) there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1 January 2003 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life (initially over 4 years) on a straight-line basis.

All expenditure incurred in the year on consecrated or beneficed buildings, individual items under £1,000 or on the repair of moveable church furnishings acquired before 1 January 2003 is written off.

Other fixtures, fittings and office equipment

Equipment used within the church premises is depreciated on a straight line basis over 4 years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired.

n Investments

Investments are valued at market value at 31 December.

n Current assets

Stocks

Stock of resalable items is valued at sale price less 33.33%.

Debtors

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove irrecoverable.

n Funds

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

The accounts 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.

9

St Cuthbert North Meols Notes to the Financial Statements (continued) Year ended 31st December 2023

Income and endowments
Donations and legacies
001 - Collections
002 - Income tax refund Gif Aid
003 - Donations
019 - Legacies
Donations and legacies Totals
Income from charitable activities
004 - Fundraising events
006 - Hall income - letting fees
008 - Sundry income
011 - Kitchen income
012 - Parish ofice income
013 - Churchyard income - fees
014 - Charitable collections & gifs
015 - Souvenir sales
017 - Flower income
020 - Associated groups - income
Income from charitable
activities Totals
Investments
005 - Income on investments
Investments Totals
Other income
016 - Grant income
021 - Insurance claims
Other income Totals
Income and endowments
Grand Totals
Total
Total
Unrestricted
Designated
Restricted
Endowment
This year
Last year
40,077
-
-
-
40,077
43,047
11,828
-
-
-
11,828
10,690
12,629
-
-
-
12,629
2,976
4,603
-
-
-
4,603
-
69,136
-
-
-
69,136
56,712
11,766
-
-
-
11,766
8,501
21,175
-
-
-
21,175
13,755
60
-
-
-
60
21
1,088
-
-
-
1,088
725
655
-
-
-
655
753
-
31,102
-
-
31,102
31,652
-
-
296
-
296
881
559
-
-
-
559
1
-
1,182
-
-
1,182
914
-
513
-
-
513
8,498
35,302
32,797
296
-
68,396
65,701
2,656
-
-
-
2,656
2,697
2,656
-
-
-
2,656
2,697
533
-
-
-
533
1,000
750
-
-
-
750
7,064
1,283
-
-
-
1,283
8,064
108,378
32,797
296
-
141,471
133,175

There may be minor discrepancies in the totals if the pence are not being shown.

10

St Cuthbert North Meols Notes to the Financial Statements (continued) Year ended 31st December 2023

Expenditure
Raising funds
107 - Upkeep of services
108 - Organist & choir
116 - Hall expenses
119 - Churchyard payments
127 - Fundraising costs
Raising funds Totals
Expenditure on charitable activities
101 - Parish Share
117 - Kitchen expenses
118 - Parish ofice expenses
121 - Gifs paid to charities
122 - Associated groups - expenses
128 - Flower expenses
129 - Garden expenses
Expenditure on charitable
activities Total
Other expenditure
102 - Rector’s expenses
103 - Rectory costs
109 - Organ & piano
110 - Church repairs & maintenance
111 - Insurance
112 - Gas, electricity & water
120 - Repairs in churchyard
124 - Sundries
125 - Legal & professional
Other expenditure Totals
Expenditure Grand Totals
Total
Total
Unrestricted
Designated
Restricted
Endowment
This year
Last year
1,899
-
-
-
1,899
1,532
6,331
-
-
-
6,331
5,803
13,552
-
-
-
13,552
14,203
-
19,192
-
-
19,192
19,177
2,646
-
-
-
2,646
2,182
24,428
19,192
-
-
43,619
42,897
69,863
-
-
-
69,863
68,606
471
-
-
-
471
198
11,762
-
-
-
11,762
10,814
-
-
296
-
296
881
-
403
-
-
403
667
-
1,103
-
-
1,103
1,079
-
-
-
-
-
40
82,096
1,506
296
-
83,898
82,285
234
-
-
-
234
347
2,113
-
-
-
2,113
3,892
565
-
-
-
565
438
4,394
-
-
-
4,394
7,484
6,357
-
-
-
6,357
5,779
6,120
-
-
-
6,120
6,721
-
16,946
-
-
16,946
11,256
-
-
-
-
-
215
2,200
-
-
-
2,200
2,101
21,983
16,946
-
-
38,929
38,233
128,507
37,643
296
-
166,446
163,414

There may be minor discrepancies in the totals if the pence are not being shown.

11

St Cuthbert North Meols Notes to the Financial Statements (continued) Year ended 31st December 2023

Collections
Planned Giving:
Standing Orders
Parish Giving Scheme
Envelope Scheme
Loose Collections (incl Weddings, Baptisms etc)
Staf costs
Wages and salaries
Social security costs
Pension costs
2023
2022
£
£
7,996
9,450
18,396
20,731
7,423
6,955
6,262
5,911
40,077
43,047
29,204
26,117
0.00
0.00
0.00
0.00
29,204
26,117

The average number of employees during the year was 3 (2022 - 3) with all employee time involved in providing either support to the governance of the charity or support services to the charitable activities.

Trustee payment disclosures

No trustees received any payment, other than clergy. All reimbursements to trustees were for out-of-pocket expenses.

Analysis of net assets by fund
Fixed assets
Current assets
Current liabilities
Fund balance
Summary statement of funds
Unrestricted - General fund
Designated - Churchyard fund
Designated - Funds of Associated Groups
Designated - Flower fund
Designated - Garden fund
Restricted - Charities fund
Totals*
Unrestricted
Restricted
Total
funds
funds
£
£
£
1
-
1
90,691
-
90,691
(35,506)
-
(35,506)
55,185
-
55,185
B/fwd
Incoming
Outgoing
Transfers
Gains &
Fund Bal
Resources
Resources
Losses
C/fwd
85,066
108,378
128,507
(3,817)
(6,616)
54,504
1,218
31,102
36,137
3,817
-
-
111
513
402
-
-
222
371
1,182
1,104
-
-
449
10
-
-
-
-
10
-
296
296
-
-
-
Unrestricted
Restricted
Total
funds
funds
£
£
£
1
-
1
90,691
-
90,691
(35,506)
-
(35,506)
55,185
-
55,185
86,776
141,471
166,446
-
(6,616)
55,185

*Note: ‘Designated - Churchyard fund’ includes a transfer from ‘Unrestricted - General fund’ of £3,817 to bring the fund out of deficit.

There may be minor discrepancies in the totals if the pence are not being shown.

12