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2023-12-31-accounts

ST. JAMES CHURCH, BREAM

Annual Report 2023/2024

Aim and purposes

St. James Church Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent, however we were within vacancy during the early part of 2023, managing the church led by the wardens and PCC. The purpose is to promote the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC shouldered the full responsibility of continuing, maintaining and developing the whole mission of the Church. We welcomed our new incumbent in the summer of 2023 – Rev. Stephen Harrison who now continues to lead the body in promoting the vision of the Church.

Objectivities and Activities

When planning our activities for the year, the incumbent and the PCC have considered the Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through:

Achievements and Performance

Under 5's continues to be a strong community service. We have added an additional day in week, now running Monday and Wednesdays.

Messy Church grows with our local families and local churches volunteering too. Memory Cafe continues to serve our community with vital relationships. Lunch Club also is a popular event held every two weeks.

Prayer and Worship

Prayer is seen as an essential key to all our outreach and activities at St. James. The Parish Prayer meeting meets once a month in the Church Centre. Prayer also takes place weekly on Wednesdays in the Church building at 7.00am. A team of dedicated people pray most weekdays for 2 hours in the morning using the prayer room in the church centre.

Sunday Worship seeks to be accessible to all, young and old, regular and newcomers. Morning worship is aimed at all ages, the children stay in the main service for the early worship session and then move to the church centre for age related activities. We have introduced an extra communion service at 9 am once a month. Once a month we also have a Sunday worship night. CoGs/Small Groups we have a number of groups, meeting in people’s homes, that have committed volunteer leaders. A variety of days and times help us to meet the needs of our congregation and community

Deanery Synod

Two members of the PCC sit on the Deanery Synod. This provides the PCC with an important link between the Parish and the wider structures of the church. A report from the Deanery Synod is regularly brought to the PCC.

Pastoral Care

Pastoral Care is important to us at St. James, the incumbent and the pastoral team visit the sick and housebound in the village, taking home communion as needed. Care for the bereaved is also an important part of the work at St. James. There is now an extension of the pastoral work through schools and local families facilitated by our Children, Youth and Families workers.

Mission and Evangelism

Mission and Evangelism is part of the historic ‘life blood’ of St. James.

We support work in the UK – Teens in Crisis, The Bible Society and Christians Against Poverty along with work in Uganda, the Czech Republic and other countries. We are reviewing this giving currently to reflect the vision and needs in the wider Christian community.

We continue to support Caleb’s Mountain and Linking Lives Forest of Dean. Caleb’s Mountain seeks to help parents and children within the community and through the schools. The plan is to employ our Children, Youth and Families workers in reaching local schools. Linking Lives is a befriending scheme combating loneliness and isolation in the Forest of Dean. The Church employs the Linking Lives Coordinator though this scheme will end in October 2024.

Bream Church of England School

Bream School is part of the Severn Federation Academy Trust (SFAT). The new structure means that the incumbent Stephen Harrison is part of the governing body, along with another of our PCC members.

Our ‘Open the Book’ team visits the school regularly, presenting bible stories in an engaging format. The school visits the Church for Christmas and Easter services as well as at Harvest and to celebrate the end of the summer term.

Ecumenical Relationships

We continue to work with many of the local churches, with particular links with the youth. X-Site being a cross church initiative supported by St James.

Safeguarding (Child Protection & Vulnerable Adults)

In consultation with the Diocese of Gloucester this area is taken extremely seriously, with regular training and advice given by the Diocese, and a Child & Vulnerable Adults protection policy formulated for the church. We have a policy of ‘safer recruitment’ for volunteers and staff and DBS checks are made for those who work regularly with children and vulnerable adults.

Financial Review

Total receipts on unrestricted funds were £157,076 of which £2,574 was investment income. Restricted/Designated income of £16,372 including £232 of investment income was also received and is detailed in the Financial Statements. Income from general giving increased by 0.35%. Total income decreased by 7.93%. We are grateful to the Benefact Trust for a grant of £4,450 in support of Linking Lives and The National Society for a grant of £10,000 in support of Caleb’s Mountain.

£161,530 was spent to provide the Christian ministry from St James’s Church, including the contribution to the diocesan parish share which totalled £76,500 for the year and largely provides the stipend, house and pension costs of the incumbent. The sum that the churches in the deanery have to find is based on the actual ministry costs of each parish. St James’s has historically and consistently met the full cost of its ministry as assessed by the diocese, and contributed slightly above this figure, so contributing 'mutual support' to other churches in the diocese. It is the church’s policy to donate approximately 10% of its unrestricted general income, to support Christian mission work in the United Kingdom and overseas.

The net result for the year before revaluation of fixed assets was an excess of expenditure over income of £4,463 on unrestricted funds and an excess of income over expenditure of £5,050 on restricted funds.

Reserves Policy

The reserves policy was changed, by the PCC, during 2023. The bank balance of £75,173 in December 2023 on unrestricted funds equated to slightly more than 5 months unrestricted payments. The current reserves policy states that we should keep 6 weeks’ worth of general expenditure, an extra 10 weeks of wages plus monies pledges in support of Linking Lives and Caleb’s Mountain in reserve. This is currently in the region of £30,000. It is our policy to invest funds not required for immediate use with the CBF Church of England Deposit Fund.

Volunteers

Our volunteers give much of their time and energy helping out in many of the areas of church life – perhaps 80% of the work and service is done by willing volunteers. Without these committed volunteers our Church could not reach our community in the way it does. Their work includes the children, young people of our Church and community, the elderly, the local school, maintenance of our buildings, music and many more. Special mention to our Church Wardens Matthew Rees and Dave Chappell with the appointment of two new Church Wardens in May 2024 Andrew Ewens and Louisa Smallpage-Mitchell and our Treasurer Shirley Robinson. Also to all the members of the PCC for their valuable contribution to our ministry here at St. James, enabling the church to run smoothly.

Structure, governance and management

The method of appointment of PCC members is set out in the Church Representation Rules. At St. James the membership of the PCC consists of the Incumbent, Church Wardens and members elected by those members of the congregation who are on the Electoral Roll of the church. All those who attend our services/members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC.

Decisions that need to be made on matters within the church and the parish itself become the responsibility of the PCC. Part of their role is to decide where the funds of the church are to be distributed.

The full PCC met six times during the year and all meetings were quorate.

Administrative Information

St. James Church is situated in Bream in the Forest of Dean. It is part of the Diocese of Gloucester within the Church of England. The correspondence address is St James’ Church Centre, Coleford Road, Bream, Lydney GL15 6ES.

The PCC is a body corporate, PCC Powers Measure 1956, Church Representation Rules 2006. (and a Charity excepted from registration with the Charity Commission.)

Ex Officio:

Stephen Harrison July 2023 onwards

Wardens: Matthew Rees Dave Chappell

May 2024 Andrew Ewens Louisa Smallpage-Mitchell

Deanery Synod: Annie Hemsley Sergio Do Nascimento Bridget Wilks left mid term

Elected Members: Jane Simpson Dorothy Haworth left at end of term Shirley Robinson Louisa Smallpage-Mitchell Cheri do Nascimento Christine Ely left at end of term Don Ely Glenn Egan left August 2024 Lorna Theophilus left at end of term Peter Bean Jonathan Hawken Andrew Ewens Iain Searle Marie Veales left May 2024

Co-opted: Claire Phillips (Church Administrator & Electoral Roll) Barry Stevens (Calebs Mountain & Leadership Team)

St James Church, Bream Financial Statements for the year ended 31 December 2023

Statement of Income and Expenditure for the year ended 31 December 2023

Note
Incoming Resources
Donations, legacies and similar
incoming resources
8
Luncheon Club/Under 5s
Other income generated from
activities of the church
Income Tax Recovered
8
Charitable Trusts
Caleb's Mountain
10
Linking Lives
11
Church Centre Income
Interest
Sundries
Total Incoming Resources
Resources Expended
Parish Share
Wages and Expenses
1
Property and Office Costs
Mission and Charity Donations
2
Caleb's Mountain
10
Linking Lives
11
Church Building/Car Park
Repairs
Sundries
Total Expended Resources
Net incoming resources
before revaluation of fixed
assets
Gains andlosses on
revaluation of fixed assets
for the church's own use
3
Net Movement in Funds
Total funds brought forward
Transfer of General Funds to Projects
Linking Lives
Total funds carried forward
Unrestricted funds
£
115,015
4,100
6,410
24,470
2,773
2,574
1,725
157,067
76,500
36,916
20,526
15,314
11,498
985
161,739
(4,672)
(8,715)
(13,387)
461,351
(2,000)
445,964
Restricted/
Designated
Funds
£
0
315
11,260
4,565
232
16,372
8,258
536
351
1,968
11,113
5,259
0
5,259
14,759
2,000
22,018
Total 2023
£
115,015
4,100
6,410
24,785
0
11,260
4,565
2,773
2,806
1,725
173,439
76,500
45,174
20,526
15,314
536
351
13,466
171,867
1,572
(8,715)
(7,143)
476,110
467,982
Total 2022
£
114,628
2,852
9,553
25,847
2,000
11,998
120
1,242
612
18,345
187,197
76,500
64,830
11,574
18,473
1,253
325
0
172,955
14,242
(8,731)
5,511

1

St James Church, Bream Financial Statements for the year ended 31 December 2023

Balance Sheet as at 31 December 2023

Note
Fixed Assets
New Church Centre
Tangible Assets
3
Total Fixed Assets
Current Assets
Debtors and Prepayments
4
Cash at bank
Total Current Assets
Creditors: amounts falling due
within one year
5
Net Current Assets
Net Assets
Income Fund
Total Funds
12
Total funds
Unrestricted funds
£
376,969
3,994
380,963
9,791
74,964
84,755
19,754
65,001
445,964
445,964
445,964
Restricted/
Designated
Funds
£
0
0
315
23,139
23,454
1,436
22,018
22,018
22,018
22,018
Total 2023
£
376,969
3,994
380,963
10,106
98,103
108,209
21,190
87,019
467,982
467,982
467,982
Total 2022
£
385,440
0
385,440
22,745
68,406
91,151
481
90,670
476,110
476,110
476,110

2

St James Church, Bream Financial Statements for the year ended 31 December 2023

Accounting Policies

Basis of accounting

These accounts have been prepared on the basis of historic cost (except that buildings are shown at market value) in accordance with UK accounting standards and with the Charities Act 1993

In accordance with the Statement of Recommended Practice (SORP 2007) and the Charities Act 1993, these accounts have been prepared using the accruals basis of accounting. There have been no changes in accounting policies since last year.

Accounting Policies

Incoming resources are recognised when the church becomes entitled to the resources, the members of the PCC are virtually certain that they will receive the resources, and when the monetary value can be measured with sufficient reliability.

Grants and donations are only recognised when the Church has unconditional entitlement to the resources.

Incoming resources from tax reclaims are included in the accounts at the same time as the gift to which they relate.

Fees for examining the accounts

No fees were paid for examining the church's statutory accounts. (2022:£nil)

Tangible Fixed Assets

Fixtures and fittings are depreciated over 5 years on a straight line basis. Only purchases in excess of £1000 are capitalised. Buildings are presented at their estimated current market value and amortised over a period of 50 years Computers are depreciated over a period of 4 years

The church building does not belong to the PCC though it is their responsibility to maintain it. We do anticipate that the heating will need an expensive upgrade in the not too distant future

Reserves Policy

At the March 2020 PCC meeting the following policy was agreed: The Reserves Policy of the PCC of St James Bream is that we should hold money to cover 3 months of general expenditure plus 4 months of wages. Additionally, monies committed to other projects eg Caleb's Mountain and Linking Lives should be held in reserve.

In November 2023 it was decided by the PCC to reduce the reserves to 6 weeks general expenditure with 4 months of wages and other monies commited to remain the same. It was felt that the congregation would not simply stop giving and therefore it was safe to do this.

Additionally at the beginning of 2022 it was agreed that, should funds allow, the sum of £5000 per annum wil be transferred to a building fund to offset further major repairs. There was no surplus with which to do this at the end of 2023.

Notes to the accounts

1. Staff Costs and Expenses

Staff Wages
Clergy Expenses
Casual
Number of paid employees during the year
2023
35,487
448
981
36,916
4
2022
£
63,785
245
800
64,830
6

3

St James Church, Bream Financial Statements for the year ended 31 December 2023

2. Charitable Donations

During the year the Church made the following charitable donations:-

Jane and Hans Koebele and family (OM)
Bible Society
Teens in Crisis
Christians Against Poverty
Tear Fund
Turkey
Overseas
6,600
1,000
7,600
Home
500
1,000
1,000
500
3,000
Total
6,600
500
1,000
1,000
500
1,000
10,600

The PCC made the decision to retain £1000 of giving to support people from St James carrying out missionary work. This would predominantly but not exclusively be for youth.

The balance of the figure shown at '2' relates to local mission such as lunch club, under 5's, youth and children's work along with monies donated from special collections.

3. Tangible Fixed Assets

Cost or Valuation
Balance brought forward
Additions
Disposal of Assets
Balance carried forward
Accumulated Depreciation
Balance brought forward
Depreciation for year
Balance carried forward
Net Book Value at 31 December 2023
Net Book Value at 31 December 2022
4. Debtors and Prepayments
Hall Hire
Inland Revenue General (inc CYFW)
Freehold Land &
Buildings
£
423,560
0
0
423,560
38,120
8,471
46,591
376,969
385,440
Unrestricted
£
128
9,663
9,791
Fixtures &
Fittings
£
14,565
4,238
0
18,803
14,565
244
14,809
3,994
0
Restricted/
Designated
315
315
Total 2023
£
438,125
4,238
0
442,363
52,685
8,715
61,400
380,963
385,440
Total 2023
£
10,106
Total 2022
£
438,125
0
438,125
34,910
9,044
43,954

4

St James Church, Bream Financial Statements for the year ended 31 December 2023

5. Creditors: amounts falling due within one year

Admin
Diocese - Pastoral Fees
Wages/Expenses (Linking Lives)
HMRC
Maintenance/Sundries
Missionary Giving
Lighting For Church Path
Car Park Repairs
2023
£
279
560
953
483
807
4,000
2,610
11,498
21,190

There were a lot more accruals than normal as we were awaiting the invoices for the car park/lighting

6. Restricted and Designated Funds

Church Building Fund
9
Caleb's Mountain
10
Linking Lives
11
For Container
Fund Total 2023
£
3,329
16,119
570
2,000
22,018
2022
£
5,065
5,080
2,614
2,000
14,759
Movement
2023
(1,736)
11,039
(2,044)
2,000
9,259

Above figures have taken accruals into account The £2000 for the container refers to a grant awarded to us by the Co-op which had not been spent at the year end.

7. Related Party Transactions

It is the policy of the PCC to reimburse the Vicar for his out of pocket expenses in full. 2023:£239 2022:nil

Three full members of the PCC were employed by the church

8. General Income & Gift Aid

Includes £22492 for Children, Youth & Family Workers

9. Church Building Funds

Opening Balance
Expenditure
Transfer from Unrestricted
Interest on Funds
Closing Balance
2023
5,065
(1,968)
232
3,329
2022
5,000
65
5,065

5

St James Church, Bream Financial Statements for the year ended 31 December 2023

10. Caleb's Mountain
Opening Balance
Donations
Grants
Gift Aid Received
Tfr from PCC
Schools Work
Expenditure
Closing Balance
2023
5,080
1,260
10,000
315
(536)
16,119
2022
15,363
5,220
3,250
876
3,528
(23,157)
5,080

The grant for 2023 was from the Growing Faith Foundation through the Growing Faith Learning Hub Project. The grant for 2022 was from Sylvanus Lysons.

11. Linking Lives

11. Linking Lives
Opening Balance
Tfr from PCC
Grants (Anchor Foundation)
Other Income
Expenditure
Closing Balance
12. Movement in Reserves
Reserves at 1 January 2023
Net gain / (loss) for the year
Transfer of Funds
Movement in Tangible Fixed Assets
Reserves at 31 December 2022
2023
2,614
2,000
4,450
115
(8,609)
570
Unrestricted funds
£
461,351
(4,672)
(2,000)
(8,715)
445,964
2022
6,892
2,000
0
120
(6,398)
2,614
Restricted/
Designated
Funds
£
14,759
5,259
2,000
0
22,018
Total
£
476,110
587
(8,715)
467,982

6

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report lo the trusteesl members of THÉ PAKoc.rllfjL cHutr.N OF IN£ ECL￿￿5113￿,¢.A￿ PA RISH F ST On accounts for the year ended 31" December 2023 Charity no (if any) 1133S51 Set out on pages 1 to6 I report to the truslees on my examination of the accounts of the above charity Itthe TTUSt"I for the year ended Responslbllities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 I'lhe Act"). I report in respect of my examination of the Trust's accounts carried out under section 14S of the 2011 Act and in carrying out my 8xamination, I have followed the applicable Directions given by the Charity Commission under section 145(5){bl of the Act. I have cornpleted my examination. I confimi that no material matters have come to my attention (oth8r than that disclosed below.) in connection with the examination which gives me cause to believe that in, any material resp8ct-. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examinerfs statement I havg no concerns and have come across no other matters connection with the examination to which attention should be drawn in order lo enable a proper understanding of th6 accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: Name: Derek Michaél Broom FCCA Relevant professional quaiifi¢ation(s} or body (if any): Chartered Certified Accountant {ACCAI Address: Fairways Lansdown Walk, Bream Gloucestershire GL15 6NE IER October 2018