CHARrrY REGISTRATION NUMBER: 1133868
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford. St Mary
Unaudited Financial Statements
31st December 2023
MR A A B GRAINGER FCA OF
Chartered accountants
Griffiths & Pegg Limited Chartered AC￿UntantS
3 Hagley Court South
Waterfront East
Level Street
Brierfey Hill
Wesl Midlands
DY5 1XE

The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Financial Statements
Yèar ended 31 st December 2023
Pages
Trustees. annual report
1to16
Independent examinerfs report to the twstees
Statement of financial activities
17
18
Statement of financial position
Noles to the financial statements
19
20to29
The following pages do not form part of the financlal statements
Detailed statement of finan￿al activtbes
31to32
Notes to the detailed statement of financial activÉties
33to34

Page 1
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Trustees. Annual Report
Year ended 31st December 2023
The trustees pr￿ent their report and Ihe unaudited financial statements of the charity for the yoar
ended 31 sl December 2023.
Rèfèrènca and admin18tratlve details
Reglstgred Gharlty name
The Parochial Church Council and Ecclesiastlcal Parish of
lfjngswnford, St Mary
Charlty reglstratlon number
1133868
Prlncipal offica
The E(x) Vicarage
15 Penzer Str8et
Kingswinford
West Midlands
DY6 7NA
Tho trustees
rs Jill Nicholls
Mrs Debbie Filgate
Mr Robert Green
Mrs Jean Blakemore
Mrs Sheila Freeman
Mrs Sheila Abrahams
Mr Mich￿1 Penn
Mrs Karen Whitehouse
Mr Neil Whitehouse
Mr Geoffrey Nicholls
Mrs Margaret Knott
Helen Moren
Mr N￿1 OINer
Mrs Jennrfer Stewart
Revd Adam Hadley
Mrs Jayne Westwood
Mrs Mary Green
Miss Christtne Knight
Mr Jack Whitehouse
(Reslgned 24th May 2023)
(Reslgned 31st January 2024)
(Appointed 9th September 2Q23)
(Appointed 31st January 2024)
Independent examlngr
MR AA B GRAINGER FCA OF
Griffilhs & Pegg Limit￿1 Chartered Accountants
3 Hagley Court Sixjth
Waterfront East
Level Street
Briedey Hill
West Midlands
DY5 1XE

Page 2
The ParoGhial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Trustees, Annual Report (conllnuthyj
Year ended 31st De¢&mber 2023
structure, govarnance and management
The Kingswinford Ecdesiastical Parish comprises of two districts, each wth their cvNn church council,
corresponding to Sl Mary's Parish Church. KingswirTFo..d and Church of the Ascension, Wall Heath,
respectively. The parish is lO￿ted within the MetroFK)Itan Borough of Dudley. The correspondence
address is The Eco Vicarage, 15 Penzw St, lthngswnford, Wesl Midlands DY6 7AA.
Thg Klngswinford Parish is admlnist¥ed by the Par(￿hla1 Church Council IPCCI which is a registere
charity nutnber 1133868.
Th8 method of appolntment of PCC members is set cKJt In the Church R8presentalion Rules and in the
CRR 18 Scheme, dated 1 st Octobw 2016. There is onefull stipendiary post allocated lo the parish. All
church attendees are encourageé to register on the el￿tOTal roll of their respective church ar￿ stand
for election lo the District Church Councils (Dccsl and to the PCC.
Alms ond purposes
The PCC of Ktngswinford St Mary has the responsibility of wperating with the incumbent. in
promoting in the ecdesiaslical parish the whole mission of the Church, pastoral. evangelistic, so¢lal
and ￿umen1¢81.
Each DCC has delegated maIntenar￿e responsibiltties th￿r resp￿tiVe churches and centre
complexes, which are eaGh part of their church buildlngs.
st Marls DCC also has mairrtenance responsibility for 4 The Villago, Klngswnford.
ObJectlves and actI￿tIo$
The PCC Is committed to enabling as many people as possible to worship al our ohurche5 and to
become part of our parish community at Sl Marfs and Church of the Ascension. The DCCS maintsin
an overview of WOTship throughout the parish and makes suggestions on how our services can involve
the many groups that live wthin our parish. Our services and worship put faith into practice thrwgh
prayer and scxipture, MUS￿ and sacrament.
By deleyalion from the PCC, the Districl Church coun￿[S each accjjunt to the PCC for their own
Income and expenditure and are responsible for thelr own parl of the Ministy Share contribution to the
Dloce5e ol Worcester. This has been agreed as St Ma￿S tfjngsmnford paying 60¢10 of the Ministry
Share and Church of the Ascension paying 40% of the Ministry Share.
Publlc beneflt
When planning our activtties for the year, we have Cor￿Idered the Commission's guidance on public
bellefit and, in particular, the supplementary guidan￿ on charitEes for the advancement of religion. In
particular, we ty to enable ordinary people to live out th￿r faith as part of our parish community
through..
Worship and prayer. learning about the Gospel,. and devdoplng their knowledge and trust
in Jesus.
Provision of pastoral care for people Iwing in the parish.
Misstonary and outreach work.

Page 3
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Trustees. Annual Report (condnuedj
Year ended 31st December 2023
Safeguardlng
The PCC aware of 115 duty lo have due regard to the House of Blshops. guidance on Safeguardlng
Children and Vulnerable Adults.
The PCC has complied with the duty under S8Ction 5 of the Safeguaréing and Clergy Discipline
Measure 2016 (duty lo have due regard to the hous8 of Bishops. guidance on Safeguarding chlldren
and vulnerable adults}.
In 2022 the PCC has used the 'Safeguarding TO￿kil. provided by the Diocese as a way of self-
assessment to seek to ensure that il fvlfils its duty. Safeguarding information is display&d in both
churches and in their church halls. Al who have regular contact Wtth children andlor vulnerable adults
must submit to a DBS check for criminal convictions, whwe indicated. Everyone in ¢onta¢t with
children andlof vulnerable adults has undertaken a diocesan safeguarding Irainlng or refresher
course, as appropriate. Safer Recruiting has been used throughout the year to fill all voluntary and
paid posts.
Safeguarding is a stsnding item on each PCC agenda.
There is now a single Parish Saf8guarding Officer IPSO). Sian Morgan and Church Safeguarding
Officers who work alongside her, Sheila Abrahams and Jean Blakamore.
Employees
St Mary's continues to employ a Director of Music.
During 2023 the parish has employed a Children and Families w￿ker.
Achievements and performan¢e
Church attendance
At the conclusion of 2023 the parish electoral rdl wa$ 182 of whom 123 were resldent in the parish
and 59 were non-￿sIdent in the parish.
St Mary's Church Districl Roll: 102 of whom 61 are resident in the Parish and 41 are nork4resldent.
Church of the Ascension District RCAI.. 80 of w￿M 62 a￿ resident in the Parish and 18 are non-
re$ident.
Reports of tha Prfest In Charge
Report ofthe Priest-in-Charg¢
st Mary's ChLtrch Klngswlnford
As I wrote this report l Gan'l believe that I've nearfy with you three years and the exciting joumey
we have been on and all that we have to look forward to ev8n as we ¢onlinue to grapple with things
Ilke attendance, lower planned giving and ensuring our buildings are fit lor purpose and meeting net
zero targets.

Pag¢ 4
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Trustees. Annual Report {oxJndnuerfJ
Year ended 31st December 2023
Achlevements and porforniance (contlnued)
The key hyJhlighl for me during 2023 was when we were told that we had been successful in getting
through the various st8ges of our grant fijnding application to the natK)nal Church. A quick summary
of this, and how il links In wkth the diocesan strategy is as follows..
The Dlocese of Worcester has embarked on a new Transformation, strategy that seeks to
become a numerically lary church in 2030 compared to 2019. Under God's grace, the
Diocese hopes to realise the folli)wing three strategic prloribes..
1. Renew churches in ea¢h major area of population to ensure there is at least one church
with 150 people attending weekly, enabling them to support other local churches.
2. Double the number of children and youig people worshipping in our churches.
3. Create 100 new worshipping communities Off￿ng a range of ways for people to come lo
faith.
To support Priority 1. the Diocese has idenLified seven urban churches lo be part of a
'Renewals' programme, whlch seeks to grow existing church communrties. To help ddiver th1$
programme. the Diocesa has secured £6.8m funding from the national church's Strategio
Mission and Ministy Investment Board (SMMIB). From this. each renewal church will b&
equipped to employ new staff, txrry oui improvements to their buddings, and contribute
towards the costs of mini5ty and ov8rheads over a 5-year peritxl.
Both St Mary's ané Church of Ascension have been identified as renewal chltrches and will
play a key part towards of the Transft)miation pricfftties. in particular Priority 1 to ensure
they provide a healthy growTng church that serves th6 populations of Kingswinford and Wall
Heath. Vvith the benefit of this tsnding. it is hoped both churches will develop and grow, make
new disciples. and support other churches in the local area. The vast majority of our grant IS
for employees or slipendiary clwgy.. a child.'en and famll ies worker, an administrator, an
OFerations manager and a Pioneer Priest.
More wo¢K was then needed to create a mission plan and continues lo take place lo meet the
requirements of the grant wtih the PCC being the ac￿Untabl0 body and the employer. We were
exceptionally blessed to be able to immediately the employment of a Children and Families
Worker for the parish and Sian will WTite her report tyjt needless to say her energy and
exceptional knowledge around engaging with our thildren and young people is already reaping groat
rewards with people becoming part of Messy Church, Mainly Music and Singing Angels as well as
engagement with schools through the dtfferent 'experiences'. There is tnuch ongoing work taking
place and we w11 n98d to start lo look at seeing how many people are attending our church across the
week rather than just seeing tt as nUMb￿S on a Sunday momiig but a great start lo the work which
will corrtinue apace during 2024.
As we give thanks to God for thss opportunity tt is very imp(*lant that we do not see this as a reason lo
reduce or stop our regular glving. We will still need to pay Ministry Share and all the running costs for
church and hopefully grow our gwing into the fvturo 30 that we are able lo continue to pay for
employed posts into the future.
In 2023 we saw long-standing members of our church family depart from this world and meet our Lord
face-lo-face. I know how much their deaths have been fell by us all and we conlinLEe to pray for one
another in grief, bul we honour their commitment and dedication lo our Church by building on what
they started and standing on their shoulders to Ixbntinue building the kingdom of G(￿ here in
K1ngswnf￿d.

Pagg 5
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Trustees. Annual Report (conllnugd)
Year ended 31 st December 2023
Achiovern8nls and perfornianco (conllnu8d)
2023 also saw the festivities of the ￿Onation taking place across the c￿nty and11 was a loy to be
part of that in Kingswinford.
The work In the last year continues that of 2022 and here are some furth￿ highlights:
Momlng Prayer
Moming prayer continues to be Monday. Tuesday and Wednesday of each week where a regular
small band ol pray-ers come together to listen to scripture and pray for the needs of the ¢hur¢h and
the world. 11 a wonderful way to start the day and meel gently wth God in the quietness of St Mary's
arKI anyone is welcome lo c¥Jme along and join in Yrith this.
Servlces and Uturgy
I've conlinu8d to change our seasonal seJvic* booklets during the year which all￿￿5 us both
consistency and difference during the year.
During th8 year w8 hav6 ftIrth￿ embe(Ided the rw Mass setbng {Mass of Si Thomas) to use
alongside our other settings.
I have ¢￿tinUed to ensure that whenever there is a festNal whith falls on a Sundays a Eueharist is
offered even when l am at Church of the Ascension. This has meant we have been privilrfed lo
experience the minlsty of other priests most notably Fr Md Sffiiih and Revd Jane Freeman as well as
others from around the Diocese.
Evensong and Benediction wtth music from Tarze o)ntinue to be offered on Sunday evenings and
whilst numbers are smaller compared lo previous years, the intimacy Is appreciated by those who
come and we had a g(M)d lum out for the coronation evensong and 'Sing for the King.. l am hoping
that durirtg 2024 we will be able to review whal dse we Can offer during a late aftemoonlevening on a
dtfferent ￿ndaY a month.
Our quarterly metnollal services are always well attended and appwated by both families who we
have had the honour of leading fijnerals for and for Ihose we did not. This is an important part of our
outreach ID the communty we serve. We also hdd the Coop FUneral￿are annual memorial 8eNice al
Christmas wh￿h again allows us lo offer an Important ministy within our communty.
This year we heid our usual full suite of Christmas services which wa5 an absoiul8 joy and something
we can continue to wcwk on next year. particularly our relationship with Wordsley Amateur Dramatics
Society (WADSI who, for the third year, supported our cOM.￿Unt￿ carol service with gusto. Numbers
were also up across the Christmas swi￿5 compared to previous years.
In 2023 we buitt well on my s6rond Hoiy Week and Easter with you and we ensured a full sot of
services look place induding. Compline and reflection on Monday.. Tuesday arsd Wednesday Df Holy
Week., a Eucharist, fool washing. stripping of the altar and the Watch on Maundy Thursday,. children's
activlties, Stslions of the Cross and the L2$t Hour by th8 Cross with Holy Communion on Go(xi Frid2y,'
the Easter Vigil and U)e Eucharist of the ReSu￿e¢b0n on Easter Eve and a ￿pular Sung Eucharist on
Easter Day.

Page 6
The Parochlal Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Trustees, Annual Report (contlniiedj
Year ended 31st December 2023
Achlevements and performance (condnued)
The Servers Gulld at Sl Mary's conunue to sup1￿ ma al Ihe altar f￿ the majority of our services and
we have rpcruiled new seNers 2nd continue to look out for m￿e as well. We also welcomed the Guild
of the Serwers of the Sanctuary to Sl Mary's during the year fof one of their regular Guild services.
The newest service Introduc￿ dur(ng 2023 was the blessing of the bags service whwe wa invited any
children about lo start Scho￿ in September to come and have their school bags blessed. This was a
joyous seNice and we're hoping more will come when we njn rl again in 2024.
W8 have also run a Light Party as an allemative lo Halloween and this was gready appreciated by
those who ¢ame.
Music
The mus￿al offering at st Marls is a crittcal part of our mission with tho choir supporting the vast
rnajority d Services Snd belng available to sing at weddings and funerals when asked for by familie5.
Recruiknenl continues to b6 a priorty both for adults and children bul is a problem faced by so many
church ¢￿irS around the county. In the coming year we wtll continue to IcK)k at different methods of
recruitsmenL
Our bell ￿ngerS continue lo ring for serVi￿S and continue to offer an audible pres8nce of our church
far and wde. So many people ¢omment on the bdls and how important f( is that they are there and
being rung and so ir the com".ng years we need to ensure that we recrutt new ringers who can
contlnue thi5 important ministy wthin Kingswnfcfd.
Royal British Leglon, ATC and Remembrance Sunday
I conlinLJe to be the Chaplain to the Kingswinford ROY￿ Brilish Leglon and our remembrance day
seNice was attended by so many in the local comtnun.ty as wetl as a deputy Lord Lieutenant, our MP
and local councillors.
l am now Padre tr) th8 Kingswinford Air Training Corps whose band thon came and played for our
Christma5 Tree Festival. This is amazing work within our u)mmunity and I cAinb'nue to devdop links
between Sl Mary's and the local ATC.
We conb'nue to look for funding to have a map produced for Ihe churchyard showing the looatlons of
all the Comrnorweallh War Graves.
Flower Gulld
The flower guild continues lo present wonderful floral arrdngements throughout the year and
especially al key points during the liturgical year. Flowers always add lo the welcome received by
visltors and regulars lo our church, and we are blessed by having them as part of our worship to Go￿.
Wedding couples are also now able to order flower arrangements from Sl Mary's and this has proven
popular with them.
Chrlstmas Trea Festlval
The Christmas Tree festival was its usual great success both in lems of the number of Christmas
trees being provided and the number of p￿pIe coming to vlsit. This is a great method of reaching out
lo the Ic￿￿1 community and offered me a Char￿ to make some really excellent links.

Page 7
The Parochial Church Council and EcGlesiastical Parish of
Kingswinford, St Mary
Trustees. Annual Report (conllnu¢O)
Year ended 31st December 2023
Achievements and performance (conrfnued)
Mother8 Union
The MU continues lo thrNe in Kingswnford wth groups and arg a key part of ensuring the Bibllc81
mandate ID help the vulnerable in ￿r worfd is k8Pt by our church. I know how much the organlsalions
whlch the MU SUPPOTIS appreciate the help given and defflonstrates loving service in the world, a key
part of all our discipleship.
Churchyard
The dedi¢ated group of churchyard volunteers (x)ntinue lo meet and work week by week, cutting
lawns, dismanling ivy, tidylng up bushes and generally keeping the churchyard l(x)king great and
serene for the many Visitors who attend day in and day (Njt and they have opened up the very bottom
of the churchyard for Ihe first time in many years.
As part of our ongoing maintenance of the churchyard th8 plan ag￿ed by the DCC to manage our
trees has continued and much of the big work is now complete.
We need to think hard about fvture r￿jth1ent to this merry band of hdpers of'Bob's boys,, as I lik8 to
call them.
Llnks wlth St Mary's Prlmary School
We are very blessed to have ￿ dedicated school govemors frorn oui Church C(￿munity and l ask
that you continue lo pray for them and their WOTk. I continue in my ex officio role on the governing
body and enjoy being able to lead sth¢Jol assemblies On￿ each half lenn as well as welcDming
children from school to church for tours, lessons and generally exploring and feeling that this is their
church home. l also visit recepbon dass once a month to read Ihem a Bible story linked to th6 ￿alue,
they are learning about.
We had another great harvest festival in church with children attending with their families and teachers
lo come and take part in the service.
School Christmas and Easter services also take place in church and it was a loy to be able to
welcome pupils, Iheii parents and slaff into St mar￿S.
Havlng lrialled 'Gath8¢ as a repla¢emenl for Sticky Churth we c￿￿uded that this wasn't worktng In
the way we hoped and so have ncw moved to (Jffering Messy Ch%Jrch to any families from acfoss tho
parish.
Llnks with other s¢hoo15
As well as our obvious link with St Mar￿S we also link up wtth Blanford Mere Primary School, Dawley
Brook Prlmary School. the Kingswirrford Schod and the Brier Sch￿1 wlth Blanford More, Dawley
Brook and tho KingswlnFord holdlng Christmas services in St Matys.
The Brier School have had a iour of St Marfs and have been helping out in the chur¢hyard as part of
their curriculum.
Open the Bcok operales across most schools in the parish and Is resour￿ by Church of the
Ascension. If anyone is interested in j¢ining this group please speak to me a5 it is an important part of
our ministy to schods.

Page 8
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Trustees, Annual Report{condDued)
Year ended 31st December 2023
Achlevernents and p8rfonnanc8 {condnu¢dJ
Ministry Tgam and Worshlp Pattérn
Our worship pattern has remained the same since l arrived which would not be possible withcmjt the
dedication and hard work of our Readers and ALMS and my gralefijl thanks goes out lo each one of
them as well as boing personally blessed by their mlnlstry.
Our mlnlsty team conlinues to flcurish and grow and 2023 saw some very exiting developments with
Chrfs Knight being licensed as a Reader in the parish 8nd Neil OINer and Karen Whilehouse
concluding their Worship Leader ALthorised Lay Minister course and being duly authorised by me for
this mirnislry.
During the year long standlng ALM. Bob Green decided to reduce (not eoncludel his ALM mlnisty
and it is important tral this report notes and gives great thanks for his dedication to this role over many
years.
Helen Mor8n also r￿MmenCed her Worship Leader Aulhorised Lay Minister (ALMI training in 2023
and we look forward to her being authori$￿ in 2024.
As we look forward lo 2024 we do so in prayethl expectation as Chrts Smith jolns us as our curate in
July as well as ft)r the appointment of a pioneer prt&st.
S¢rvi¢g attgndance
The average Tuesday congregation number is 12 people.
The average Sunday morning congwation number is 52 pwple.
The average Sunday evensong (x)ngr8gation is 21 people and the average Ben8diction with Taizé
Servi￿ congregation is 22.
Occaslonal office5
Across the parish there are a go￿1 number of cK¢asiona offices.
The majorty of funerals are d1￿1 to the Crematorium. bul we conb'nue to offer our church for funeral
services for those who want IL
In 2023 there were 6 weddings," 2 blessings following a civil marriage and 2 renewal of wedding vows.
In 2023 there were 23 baptisms11 adult and 22 children).
In 2023 there were 15 church funerals, 16 intemient of ashes in the churchyard and 6 burial8 In the
churchyard following 8 church service.
Governance
Our DCC continues to meet regularty and plan for the fijture. We do. however, need people to think
about picking up different rdes across our church and so please think and pray about whether this Is
something you could do or whether there is someone you cou'.d ask.
Flnanco
In 2023 we paid our full ministy share across the parish with Sl Marls givlng £32,193.60. This Is an
amazing ￿hIevement and one we should all be very prcwd of. However. our plann￿ gIV￿S are al
their lowest nurnber ever and this is a cause for concem with all of us needing to promote regular
giving whenever we can.

Page 9
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Trustees. Annual Report (contlnisedj
Year ended 31st Decembar 2023
Achlevements and porformance (wntlnued)
We have also been In the privileged pOSi￿On of receiving 8 number of b￿Uests this year as follows..
Jennrfer Gough
Marian Bennett
Legacies are such an important opportunty for parishes, and we gNe thanks lor them.
After many years of faithful Serv￿ as our Treasurer Mike Penn decided to retire from this imFN)rtant
minlstry and this report notes and gives great thanks for this dedicatson to this role over many years.
Communicatlon
Communication has continued through our regular news sheeL the Contact Magazine. our wobsite
and on swial media. This year we have also produced a number of posters for key events.
As we look to the future, we have agreed lo seek Flanning pemiis$lon and church permissions for an
additlDnal noticekxjard outside the church ￿ntre.
Mlsslon accompanler
During the year we have Continu￿ to be bless￿ by Paul Wilcox as our Mission Accompanler
and we Gonlinue to work on our health and sustainability ￿an wth key actions for us to work on.
These areas are:
1. The ernploymenl of a children ané families worker
2. To impiove and ensure a wide vattety of communicauon
3. To introduce a welcorne journey for new people atiending our seNices
4. To ensure our financial sustairnability through regular gwing
5. To ensure succession planning for roles a￿0$$ our church
Paul has been a loy lo work wth alongside a core group from the parish (3 from Si Marfs Church and
3 from Church of the Ascension).
The future
2023 was full of hope and seeds starting to shwL Sometimes we can forget that Rome wasn't built in
a day and that we need to keep plugging away at what we do and rooting il all in prayer. God is in thls
and that will a￿ayS be the single most Imp￿￿nI part of Our ministy in our parish.
What we offer lo our parish has grown and been wdcOM￿ by those who Gome to our 8rray of
different services. We just ne&J to keep on inviting people. Sharing the good news and living out our
discipl8ship as ftjlly as we can.
2024 will be very different as we welcome new min1st￿￿, grow our team and continue io offer dtFFerenl
types of worship all rooted in our deep desire for people lo meet wlh Gcxy in sacrament and word.
With thanks.....
There are loo many people to thar)k individually for the work done at St Marls bul you all tx)nlribute in
your own $ignificant way to the building of the kingdom and that is our calling as Christians. 11 is a
prlvilege to walk wlth you all on this journey.
With my continued love as we help build the lungdom in our part of the vlneyard.
Fr Adam.

Page 10
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Tru5tees' Annual Report l¢t¥nffnuedJ
Year ended 31st December 2023
AGhievoments and porforniance {wifln¢
Report of the Prlest-In.Charge
Church ofth8Ascenslon
As I wrlte this roport I canl believe that I've nearty been with you three years and the exciting journey
we have been on aThJ all that we have to look forward to even as we continue lo grapple with things
like attendance. lower planned giving and ensuring our buildings are rtt, for purpose and meeting nel
iero targets.
The key hbhlighl for me during 2023 was when we wer8 told that we had been successful in getting
through the various stages of our grant fvnding application to the national Church. A quick summary
of this. and how il links in wlth the di￿an strategy is as fdlows..
The Diocese of Worcester has embarked on a Transformation, Strategy that seeks lo
become a numerically larger churth in 2030 compared 10 2019. Under God's grace, the
D￿ceSe hopes lo redise the follo￿ng thre8 strategic pricKities.'
1. Renew churches in each major area of populats'on lo ￿SUre there is at least one ¢hur¢h
with 150 people attending weekly, enabling them to support other local churches.
2. Double the number of children and young people worshipping in our churches.
3. Create 100 new worshipping communtb'es offering a range of ways for people to corne to
faith.
To support Priority 1, the Diocese has identsfied seven urban churches to be part of a
'Renewals' programme, which seeks lo grow existing church communitles. To help deliver this
programme, the Diocese has secured £6.8m funding from the national church's Strategic
Mission and Ministry Investment Board {SMMIBI. From this, each renewal church will be
equipped to employ new staff. cary out improvements to their buildings. and contribute
towards the costs of ministry and overheads over a &ytrJr pericNJ.
Both St Mary's and Chur¢h of As￿nsIOn have been identffied as renevrdl churches and will
play a key part toward5 each of the Transformation priC￿￿￿e5, in particular Priority 1 to ensure
they provide a healthy growTng church that serves the populations of King$wlnford and Wall
H&ath. With the benefit of this funding, il is hoped both churches WTII develop and grow, rnake
new disciples, and support other churches in the local area. The vast majority of our grant is
for employees or stipendiary clergy.. a children and families worker, an administrator, an
operations manager and a Pioneer Priest.
More work was th8n need&1 to create a mission plan and conbnues lo take t￿2￿ to meet the
requirements of the grant wth the PCC being the accouniable body and the employer. We were
excepllonally blessed to be able to Imm￿l8telY S￿re the employment of a Childr8n and Families
Worker for the parish and Sian will write her own report bul needless to say her energy and
exceptional th￿edge arodnd engaging with our children and young people is already reaping great
rewards with people becoming part of Messy Church, Mainly Music and Singing Angels as well as
engagerneil with schools through the drfferenl 'experiences'. There is much ongoing work taklng
place and we will need to start to look at seeing how many people are attending our church across the
week rather than just seeing it as number5 on a Sunday monins but a great start lo the work which
will continue apace during 2024.
As we glve thanks to God for this opportunty tt 15 very important Ihal we do not see this a5 a reason to
reduce or Slop our regular giving. We will still need lo pay Ministry Share and all the running costs for
¢hurch and hopefully grow our giving into the future so that we are able to continue to pay for
ernployed posts into the future.

Pagèll
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Trustees, Annual Report {¢ontlnu8d)
Year ended 31st December 2023
Achlevements and performance (cofrthnuodj
In 2023 we 58w long-standing members of our church f2rni￿ depart from thi5 world and meet our Lord
fac&t¢>face. I kr.ow how much their deaths have been felt by us all and we continue to pray for one
another in grief, but we honour their commitment and dedication lo our Church by building on what
they Started and Standing on their shoulders to continue building the kingdom of God here in Wall
Heath.
2023 also saw the festivities of the ¢tyonalion taking across the County and ￿ was a joy lo be
part of that in Wall Heath through worship and community events.
The wotk in the last year continLES on that of 2022 and here are some fvrth8r highlights..
Evening Prayer
Evening prayer continues lo be held Monday, Tuesday and Wednesday of each week where a regular
small band of pray-ers corne together to listen to scripture and pray for the needs of the church and
the worfd. 11 a wonderful way to take stock of the day and meet gently wilh God in the quietness of
Church of the AsGension and anyone is welcom8 to come along and l(in in with this. If you've not
been along before then please drop by one evening as we listen to tha husle and busue of the traffl¢
outslde and hold them all before God.
Servlcos and Liturgy
I've continued to change our seasonal service bo0￿ets during the year which allows us both
consistency and difference during the year. We've also leamt some new worship songs and drfferenl
parts of th8 Eucharistic prayer to aid our worship.
I have ensurwj that whenever there is a f8Stival vthith falls on a Sundays a Eucharist is offered even
when l am at St Marls. This has rneanl we have been piivileged lo experience the ministy of other
priests most notsbly Fr Mel Smith arKI Revd Jang Freeman as well a5 Others from around the
Diocese.
Conlnuing the pattem set in 2022 a fvll sel of services were offe￿1 during Holy Week 2023 wlth
Evening Prayer and Holy Week reflections being offered by me on Monday, Tuesday and Wednesday.
Fr Mel running a Triduum and Revd Jane leading our Easter Day service. The feedback from this was
extremely positive and people fell moved by walking the Holy Week journey Icoether. 2023 also saw a
joint Palm Sunday service with St Andrev/s URC where we started at st Andrew's and then processed
down lo Church the Ascension with our palms hdd high.
The Patronal Festival for Ascellsion Day was anoth¥ highlight of our year with the Bishop of Dudley
presiding and preachlng and a chance to cdebrate our church in the heart of Wall Heath.
The newest service introduced during 2023 was the Nessing of the bags service where we invited any
children about to start school in September to come and have their schocl bags blessed. This was a
joyous service and we're hoping more will come when we run it again In 2024.
Social events and community events returned wtth gusto durtng 2023 and this brlngs so much loy to
those who attend them and shows how our church has such an important role in Wall Heath. The
Ccmnation Garden Paty was a particular highlighti
Durlng 2023 Jigsaw, OLFr Irrformal worship, continued to have a supporbve WhatsApp group and
moved ils worship to 8 4pm monthly slot. We're still struggling for numbers and il's ￿￿ped that our
Pioneer Prfest, onGe apt)ointed may be able to be the conduti to move this forward.

Page 12
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Trustees. Annual Report (condnu
Year ended 31st Decemb8r 2023
Achl?vernents and perfomanco (¢onrfnu•
Christmas was great fun with cur Christmas services offering us yet another bumper y￿ar in teTms of
people attending and our second year with an Lmrtdoor carol service brought 187 people together lo
sing carols, shgre f611owship and cdebrale Christmas. We svTII cwtsinly continue wth thls.
Remembrance Surbday was also a Servi￿ whith brought togethw a greal number from the community
in Wall Hsath and is an opportunity to remember those who lost their lives in so many conflicts.
Women's World Day of Prayer was hold at Church of the Ascension in February 2023 and this was
greatly appreciated by the many churches represented.
Muslc
Church of the Ascension continues to be a plac8 that love5 to sing. d8nix and G5ap Its way through
worship and this brings a great sense of joy to everyone who comes. We haven't used our band as
much as I'd hoped but maybe 2024 is the year where this could happen more!
Llnks Church ot the Ascenslon Prfmary School
We arfj vwy blessed to have three dedicated school governors from our Church community and l ask
that you continue to pray for them and their work. I lead a whole school assembly once each half term
a5 well as going into re￿ptIOn once each month to read them a Bible story. A number of dasses
have also been over to church for a tcyjr.
Church Club runs avery weeks approximatdy 20 chIld￿n att￿dIng each bme lo hear a Bible
story, do a craft aGtivity and pray. It's so wonderful lo see this level of engagement and again, our
prayers and thanks need to be wtth those who lead this.
We also had a gTeat mothering Sunday s￿viCe, harvest festival service and Chrislingle service with
children frorll school helping lead those and we ]￿k forward lo building on this into the future.
Links wlth other school$
Open the Book operates from Church of tho AscensiDn across mosl schocls in the parish. If anyonels
inlerosted in joining Ihis group please speak to Sheila Freeman as it is an impt*tanl part of our
ministry to schools.
Our local schi)ds also give cwjt mater6al informing people of our services at Christmas and Esstw.
Mothers Union
We are blessed lo have a MU group In Wafi Heath and its members are a key part of ensuring the
Biblical mandata to help the vulnerable in cxjr worfd is kept by our church. I know how much the
organisalions which the MU supports apPrec￿te the hdp given and demonstrates loving seryice in the
world. a key part of all our dIS￿PIeshlp.
Flowers In church
We continue to have w(￿derfUl floral arfdngements throughout the year and especially al key points
during the lilurgiGal year. Flowers always aild to the welcome received by visitors and r8gulars to our
church, and w8 are blessed by having them as part of our worship to G(xl.
Worship Pattem
Our worship pattem has remained the same Sin￿ l arrwed wPiich would not be possible without the
dedication and hard work of our Readers and ALMS and my gratefvl thanks goes Out to each one of
them as well a5 being personally blessed by their ministy-

Pago 13
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Trustees. Annual Report (Mndnu8d)
Year ended 31st December 2023
Achlovements and performance (contlftued)
Our mini5ty tearn continues to fiourish and grow and 2023 saw some vwy exciting devetoprnents Mrith
Chris Kniqhl being licensed as a Reader in the parish and Neil Oliver and Karen Whitehouse
concluding their Worshlp Leader Authortsed Lay Minister course and being duly aUth￿ISed by me for
this ministy.
During the year Ixjr long slandirg ALM. Bob Green decided lo reduce {not ¢oncludel his ALM ministry
and It is Impcylanl that this report notes and gNes great thanks for his dedication to this role over many
years,
Hden Moren also comrnenced h8r Worship Leader Aulhortsed Lay Minister (ALM} tralnlng in 2023
and we loc4( forward to her being authorised in 2024.
As we look forward to 2024 we do so in prayerful expeclation a5 Chris Smith joins us as our curate In
July as well as for the appointment of a pioneer priest.
Fabri¢
During the year the faculty for ￿MovIng the choir stslls vfds agre8J by the Chancellor however, she
ruled that the pulpit o)uld not be removed withoulfvrther research into rt.
Govornance
Our DCC continues to meet regularly and plan for the future. We do, however. n*d people lo think
a￿t piC￿ng up different roles across our church and so please think and pray about whether this is
something you could do or whether there is someone you could ask.
Finance
In 2023 we paid our full ministry share a(*oss the parish wrth Church of the As￿nSIon giving
£21.462.40. Thls is an amazing achievement and one we shtxjld all be very proud of. However, our
planned glvers are al their lowest number ev8r and this is a cause for concwn with all of us needlng to
promote regular giving whenever we ￿n.
Service attgndance
The average Wednesday congregation number ks 19 people.
The average Sunday 10am congregation number k8 37 wiple.
Occasional officgs
Across the parish there are a g(x)d number of cwsional offices.
The majorty of funeffals are direct to the c￿MatoriUm. but we conb'nue to offer our church for fijneral
servl¢e$ for those who want rL.
At Church of the Ascension=
In 2023 Ihero were 8 baptisms.
In 2023 there were 6 church funw81s.
Please think about attending one of our baptism services, seang what goes on and meeting the
families who coma to them. They are aKYays uplffting and energising and show how irr,portanl our
church is to families in the IC￿al communty.

Pago 14
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Truste8s' Annual Report {conrfnuedJ
Year ended 31st December 2023
Achièverngnts and perfomance
In¢lusivg Church
We continue to be members of the Inclusive Church Nehvork which has opened up some eX￿lIent
conversations wtth people about what this means as wdl as offering us challenges lo ensure our
incluslvity is a8 full a5 11 should be.
Mlsslon accompanler
During the year we have continued to be richly blessed by Paul Wilcox as our Mission Accompanier
and we conb'nLt8 to work on our heallh and sustainability plan Wih key acllons for us lo work c)n.
These areas are:
1. The employment of a children and families worker
2. To Improve and ensure a wide variety of communlcatio.
3. To intri)duce a welcome journey for new people attending our swtces
4. To ensure our ffnancial SLtstasnabilty through regular gwing
5. To ensure succe$3ion planning for roles across our church
Paul has be8n a ioy lo work wlh alongside a core group from the parish (3 from St Ma￿S Church and
3 from c￿rCh of the Ascension).
Cornmunication
Communication has Continued through our regular news sheet, the Contact Magazine, our website
and on swal media.
We continue to benefit from a great number of colourfvl posters on Ihe church gates throughout the
year advertising what we do!
In conclusion
2023 was full of hope and seeds starting to shoot. Sometimes we can forget that Rome wasn't built In
a d8y and that we need to keep plugging away at what we do and rooting il all in prayer. God is in this
and that will always be the single most important part of ministy in our parish.
What we offer to our parish has grown and been wdcom&J by those who come to OLtr array of
rfferent sefvices. We just need to keep on invibng people, sharing the wod news and livlng out our
discipleS￿'p as fully as we can.
2024 will be very different as we welcome new ministers, grow our team and (x)nlinue to offer different
types of worship all rooted in our deep desire for people to meet wth God ill sacrament word.
Wlth thanks.....
There are too many people to thank individually for the work done at Church of the Ascension but you
all contritr￿le in your own significant way to the tHJilding of the kingdom and that is our calling as
Christians. It is a privilege to walk with ythj all on this joumey.
With my continued love as we help build Ihe knngdom in ￿r part of the vlneyard.
FrAdam.

Page15
The Parochial Church Council and Ecclesiastical Parlsh of
Kingswinford, St Mary
Trustees. Annual Report (¢orttiTru
Year ended 31st December 2023
Flnanciat review
Tolal receipts on ordinary unrestrct8d funds we £152.011 and a￿ dolailed in th8 finanaal
statements. The freehold house at 4 The Village, KIngsv￿nf0rd continues to be let temporarily, which
provided a gross income of £8,400.
£174,981 was spent to provide Chrisban ministry from St Mary's Church. Kip.gswinford and Church of
the Ascerlsion, Wall Heath, including the contribution to the Diocesan Parish Share. which largely
provides th8 stipend and housing for the clergy in the Diocese of Worceslw.
The net result for the year was an excess of payments over receipts of £5,696. After re¢onciliallon,
the balances carried forward at 31st Decembw unr6strscted funds tolalled £201,139.
R¢serves Pollcy
The PCC retsins certain funds for r6stricled use of the churches in the parish.
At St Mary, Klngswlnlord: The°Betty Magson L￿a¢Y Fun¢f is retained towards meeting the cost of
repair$ or improvements to the building. The balance for this fur￿ was £53,678 at 31 st December
2023.
A reslricled fund "Saint Mary's y¢￿th and Education Fund" was established Yor the education of
young people In the 1fjngswinf￿d Distrlct of the Parish of Sl Mary, KIr￿swInf0rd" The balance in thls
was £20,559 at 31st December 2023.
There is also a restricted 'property fijnd. with a balan¢e of £90.000 al 31st ￿e￿mber 2023,
repr￿ented In the church's tangible fixed assets.
These three fvnds are represented wlhin the church's (x>mbined bank balances.
During the previws year Iwo new restricted funds set up the I￿acY re￿iVed from the
Estate of Elisabelh Corfield. The balances for the 'Elisabeth Corfield Gravestone Fund and the
"Elisabelh Corfield Sl MarWs Padded Seating and Church Building Fabric Fund. wwe £82,873 and
£47,726 respectiv4y at 31 st December 2023. Two separate CCLA investment accounts are held to
contain these fijnds. During the year £3.000 Yrds transferred to a new designated fund named the
"Incumbents Board Fund".
In addition, there is a CCLA inveslmenl relating to a bequest dating back to 1969 and shown as
endowment fijnds. This bequest was for the purp)ses of th8 church and parish r(x)m fabric
maIntena￿e and for churchyard maintonance. This endowrTtent fijnd had a balance of £30,833 al 31$1
December 2023.
At Church of the Ascension. Wall Heath:
Funds are retained for various purposes, inctuding repair or impmvement of the fabric of the church=
Included within investments are two CCLA Investrnents - 'Gen￿al. £32,263 and 'Educalion' £37,605.
All revaluab'ons and income derived from the 'EducatK)n' investmeftt are treated as part of the
restricted "Education" fund.

Pagg 16
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Trustees. Annual Report (Gonffnu8dJ
Year ended 31st December 2023
The trusleos, annual report was approved on 15th May 2024 and signed on behalf of the board of
trustees by..
Revd Adam R Hadley
Trustee

Page 17
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Independent Examiner's Report to the Trustees of The Parochial Church
Council and Ecclesiastical Parish of Kingswinford, St Mary
Year ended 31st December 2023
I report lo the Iruslees on my examination of the financial statements of The Parochial Church Council
and Ecclesiastical Parish ol Kingswinford, St Mary I'lhe charily'l for the year ènded
31 sl December 2023.
Responsibilities and basls of report
As the Iruslees of the charity you are responsible for the Preparation of the financial stalernents in
accordance with the requirements of the Charities Act 2011 I'lhe Acl'l.
I report in respect of my examination of the charity's financial slalemenls carried out under section 145
of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given
by the Charity Commission under section 14515llbl of the Act.
Independent examingr's statement
I have completed my examination. I confirm that no material mallers have come to my attention in
connection with the examination giving me cause to believe that in any material respect..
accounting records were not kept in respecl of the charity as required by section 130 of the
Act., or
the financial slaternenls do not accord with those records., or
the financial slalements do not comply with the applicable requirements Concerning the
form and conlenl of accounts sel out in the Charities (Accounts and Reports) Regul81ions
2008 other than any requirement that the accounts give a 'lrue and fair, view which is not a
matter considered as part of an indepelldenl examination.
I have no concerns and have come across no other matters in connection with the examination lo
which attention should be drawn in this report in order lo enable a proper understanding of the
accounts to be reached.
MRAA B GRAINGER FCAOF
Independent Examiner
Griffiths & Pegg Limited Chartered Accounlanls
3 Hagley Court South
Waterfront East
Level Street
Brierley Hill
Wesl Midlands
DY5 1XE

Page 18
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
statement of Financlal Activities
Year ended 31st Docember 2023
2023
Restricted Endowtyent
funds
fvnds Total funds Total funds
2022
Unrestricted
fund5
Not
Income and endowments
Donations and legacies
Fees and lettings
Investment in¢gme
Other income
87,180
56,362
5,695
2,Tt4
20,000
107,180
56,362
8,944
16,148
188,634
315,116
48,508
3,332
112,2801
354.676
3,249
10.723
2,651
Total income
152,011
33,972
2,651
Exponditure
Exp8nditu.'e on
charitable actviti&s
174,981
19,349
194.330
194,330
166,4Q5
Total expendituro
174.981
19,349
166,405
Net losses o
investments
10
{1381
N¢t (9xpendltureyln￿me
and ngt movement In fund8
(22,9701
14,623
2,651
{5,696)
188,133
Reconclllatlon of fund$
Totsl funds broughlforward
Total funds carriod forward
224,109
201,139
288,385
28,182
540.676
352,543
303,008
30,833
534.980
540,676
The statement of financia] activities indudes all gains and losses recognised in the year.
All income and expendliure derive from continuing acttvibes.
Tha notes on pag95 20 to 29 forni part of these flnanclal st8toments.

Pag¢ 19
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Statement of Financial Poslllon
31st December 2023
2023
2022
Noi
FIXED ASSETS
Tangble fixed as8ets
Investments
14
15
90,000
183,589
273,589
90,000
165,220
255.220
CURRENT ASSETS
Debtors
Cash at bank and in hand
16
4.153
264,772
268,925
5,e38
288.990
292,628
CREDITORS: amounts falling due
wlthln one yèar
NET CURRENT ASSErs
17
(7.5341
17,172}
261.391
285.456
TOTAL ASSETS LESS CURRENT
LIABILITIES
534,980
540,676
540,676
NET ASSETS
534.980
FUNDS OF THE CHARiri
Endowmgntfunds
Restricted funds
Unrestricted funds - DeswJnated
Unrestricted funds - General
30,833
300,008
69,678
134,461
28,182
288,385
58,278
165,831
Total charlly funds
18
534.980
540,676
These flnancial stalements were approved by the board of lrnste8s 2nd authorised for issu8 on 6th
May 2024, and arg signed on beha￿ of the board by-
Revd Adam R Hadley
Trustee
Thè notè8 on pages 20 to 29 part of thesg flnanrAal statements.

Page 20
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Notes to the Financial Statements
Year ended 31st December 2023
G8neral Irrfonnation
The Gharity is a public benefit entity and a registered charfty in England and Wale$ and is
unincorporated. The address of the principal office Is The Eco Vicarage. 15 Penzer Street,
Klngswinford, West Midlands, DY6 7AA
statement of Gompllance
These financial statements have been prepared in complian(* with FRS 102, The Financial
Reporting Standard applicable in Ehe UK and the Republic of Ireland,, the Statement of
Recornmended Practice applicable lo Charities preparing their ac(x)unls in accordance with tho
Financial Reporknng Standard applicable in the UK and RepuElic of Irdand IFFIS 1021 (Charilles
SORP (FRS 10211 and the Charilies Act 2011.
Accountlng pollcles
Basis of proparatlon
The financial stalemenis have been prepared on the historical cost basis, as mcéified by the
revaluation of certain financial assets and liabilities and invesknent properb8s measured at falr
value through income or expenditvre.
The financial statements are prepared in sleding, which Is the fvnctional currency of the entity.
Going concern
There are no material uncertainties aboyjt the charity's abilty to continue.
Dlsclosure exemptlons
The enlity satisfies the criteria of being a qualwying entÈty as defined in FRS 102. As such,
advantage has been taken of the followirwJ disdosur8 exemptions available under paragraph
1.12of FRS 102..
lal No cash flow statement has been presented the company.
Ibl Disclosures in respect of finan￿al instruments have not been presented.
Judgoments and key sources of estlmation uncertainty
Th8 preparation of the finanryal statements requires management to make juégements,
estirnates and assumptr'ons that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors. including expectaiions
of future events that are belEved to be reasonable under the arcumstance5.
Fund accounting
Unrestricted funds 8re available for use at the discretion of the trustees to further any of the
charity's purpo$e$.
Designated funds are unrestricted funds earmarked by the trustees for particular future proiecl or
commitment.
Restricted funds are subjected to restrictions on th￿r expenditure declared by the donor or
through the terms of an appeal, and fall into one of two sub-dasses= restn.cled income funds or
endowmenlfvnds.

Pagè 21
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Notes to the Financial Statements {contlnu8dJ
Year ended 31st December 2023
A¢¢ountlng policie¥ (Gonrfnu¢d)
Incoming re$ource5
All incorning resources are included in the stalefnent of financial activities when entitlement ha5
passed to the charity-, it is probable that the eco.Yorrilc benefrts asswaled wth the transaclK)n
11 flow lo the charity and the amount can be rdiably measured. Th8 following specific pdicles
are applied to particular categories of in¢ome:
income from donations or grants is recognised when the￿ is evidence of entiuemenl to the
grft, receipt is probable and its amount can be measured reliably.
legacy income is rwnised when receipl is probable and entittement 1$ established.
income from donated goods is measured at the fair value of tho goods unless this is
impractical to measufe relia1￿y. in which case the valLSe is dertved from the cost to th8 donor
or the estimated resale value. Donated faalrties and s@rV￿e8 are recognised in the
accounts when received if the vafue can be reliabW measured. No amounts are included for
the contribution of general vdunleers.
income from contracts for the supply of services Is r￿niSed with the ddNery of the
contracted service. This is dassffjed as unrestrict￿1 funds unless ihere is a conlraclual
requirement for il to be spent on a particular purpose and returned rf unspent, in which caso
it may be regarded as restricted.
Resources expended
Expenditure is recognised IM an accruals basts as a liability is ir¢curred. Expenditure includes any
VAT which canmt be fully recovered, and i8 dassrfied under headings of the statement of
fina￿la1 activities to which it ￿ateS..
expenéiknre on raising funds indudes the costs of all fundraising activities, events, llon-
charitable trading activities. and the sale of donated gwds.
expendibjre on charitable aclivtti6s indudes all costs Incurred by a charity in undertaking
activiliss that further its charitable aims for the benefjt of its beneficiarTres, including those
support costs and costs relating to Ihe govemance of the charrty apportioned to charitable
activities.
other expenditure indudes all expenditur8 that is nether related to raising funls for the
charity nor part of its expenditure on charitable aclwities.
All costs are all(xated to expenditure categories reflecting the use of the resource. Direct costs
attributable lo a single activity are allocated direcuy to that activity- Shared ¢osts are apportioned
be￿een the activities thoy contribute to on a reasona￿e. justifiable and consistent basis.
Tanglble assets
All fixed assets are initially recorded at cost.
Investments
Unlisted equty Investments are initially recorded at cost. and subsequenuy measured at fair
value. If falr valu# cannot b8 reliably Measur￿1, assets are measured at cost le$s Impaimient.

Page 22
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Notes to the Flnancial Statsments (conNm
Year ended 31st December 2023
A¢¢ounting polides {conLlnu8dl
Inveslments fcondnusd)
Listed inveslrnents are measured at fair value with changes in fair value being rec(yJnised in
income or expenditure.
Donatlon$ and legacies
Unreslrfcted
Funds
Restrictad Total Funds
Funds
2023
DONATIONS
Planned Giving
Gtft aid
Ccllectlons open plat8 all servic8S
Sundry donations
53.196
12.854
5.106
12,890
53,196
12,854
5,106
12,890
LEGACIES
Legacies
20,000
23,000
GRANTS
Grants receivab16
OTHER DONATIONS AND LEGACIES
Fund raising
134
134
87,180
20,000
107,180
Unrgstdcted
Fund5
Restricted Total Funds
Funds
2022
DONAnONS
Planned Giving
Gtftaid
Collections open plate all SerV￿S
Sundry donations
51.621
12,809
7.610
8.070
51,621
12,809
7,610
8,070
LEGACIES
Legacies
82.561
146,358
228,919
GRANTS
Grants re￿1vable
5.861
5,861
OTHER DONATIONS AND LEGACIES
Fund raising
226
226
168,758
146,358
315.116

Page 23
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Notes to the Financial Statements
Year ended 31st December 2023
Fegs and 18ttings
Unre5trict8d Total Funds Unrestdcted Total Funds
Funds
2023
Funds
2022
Furwal fees
Wedding fees
Rent No 4
Chur¢h Hall16ttings
31.837
8,767
8,400
7,358
31,837
8,767
8,400
7,358
28,943
7,553
8.165
3,847
28,943
7,553
8,165
2,847
48,508
56,362
56.362
48.508
Investmenl income
Unresthcted
Funds
R8slricted Total Fund$
Funds
2023
Bank interest
Dividend incorne
3,970
1,725
3,970
4,974
3.249
5,695
3,249
Unr8stricted
Funds
RestriGted Total Funds
Funds
2022
Bank interest
Dividend income
579
1.731
579
2,753
1,022
2,310
1,022
3,332
other income
Unrestricted
Funds
Restrict￿ Endowment Total Funds
Funds
Funds
2023
Unrealised gains on investments
2.774
10,723
2.651
16,148
Unrestiicted
Funds
Restricted Endowmenl Total Funds
Funds
Funds
2022
Unrealised gains on investments
{3,934}
{4,586)
(3,7601
112,2801

Page 24
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Notes to the Flnancial Statements (contlnu8
Year ended 31st December 2023
Expendlturè on charitable actlvities by fund type
Unrestricted
Fund5
Restricted Totsl Funds
Funds
2023
The Church of the Ascension, Wall Heath
Sl. Marys, Kingswnford
Support costs
43.442
128.277
3,262
174,981
43,442
147,626
3,262
194,330
19,349
19,349
Unrestrcted
Fundg
Restricted Total Funds
Funds
2022
The Church of the AScens￿n. Wal Heath
St. Marys, Kingswinford
Support costs
36,747
120,985
3,451
36,747
126,207
3,451
166,405
5,222
161.183
5.222
Expèndlture on charltable activttles by activlty type
Acbvitles
undwtsken
direcuy
sUp￿t Total funds
costs
2023
Total fund
2022
The Church of the AS￿nSIOn, Wall
Heath
Sl. Marys. KingswÉnFord
Governance costs
43,442
147,626
43.442
147.626
3.262
37,947
128.207
251
3,262
191.068
3,262
194,330
166,405
qo. Ngt losses on Investments
Endovment Total Funds Endowment Total Funds
Funds
2023
Funds
2022
Geinsl{lossos) on other investment
ass8ts
(138)
(138)
11. Independent examinatlon f￿$
2023
2022
Fees payable lo the indepenéenl examiner for-
Independent examination of the financial statements
3,000
3,200

Page 25
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Notes to the Financial Statements (conunued)
Year ended 31st December 2023
12. Staff costs
The total staff costs and etnployee benefts for the reporting perlod are analysed as fdlows..
2023
2022
Wages and salarfes
10.729
1,710
The average head count of employees during the year was 212022.. 1).
No employee recelved employee beneffts of more than £60.000 durirwJ th8 year {2022.' Nil).
13. Trnstee remuneration and expenses
No remuneration or other benefits from &M￿oyment ￿th Ihe charity or a rdated entity were
re¢elved by the trustees.
14. Tangiblo fixed assets
Land and
bulldlng$
C08t
At 1stJanuary 2023 and 31st Decemb8r2023
Depreclation
Al 1st January 2023 and 31st Do¢ember 2023
Carrying amount
At 315t Dgcember 2023
90,000
90.000
Al 31 st December 2022
.000
15. Inve8tment$
Other
investments
Cosf or valuatlon
Al 1 sl January 2023
Additions
Fair value rllovements
165,220
2.221
16.148
At 31st December 2023
183.589
Impaimient
At 1st January 2023 and 31st De¢emb¢r2023
Carrylng amount
At 31st December 2023
183,589
155,220
At 31 st December 2022
All investments shown above are held at valUa￿On.

Pago 26
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Notes to the Flnancial Statements (continwdl
Year ended 31st December 2023
16. Debtors
2023
2022
Prepayments and accrued Income
Other debtors
1,585
2,568
3,148
2,490
4,153
5,638
17. Credltots: amounts falllng due wlthin one y
2023
2022
AccTuals and deferr￿1 Income
7,534
7.172

Pago 27
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Notes to the Financial Statements (rnnthu8d)
Year ended 31st December 2023
18. Analys1$ of charltsble funds
Unrèstricted funds
A11Jan
2023
Gains and At 31 Dec
losses
2023
Income Expenditure
Transfers
General fijnds
Yvonne B2yton
unrestricted
general fund
Betty Magson
Legacy Fund
No 4 Thg Village
Refurbishment
Fund
Incumbents board
fund
101,742
143,611
{131,785)
113,568
64.089
{43.196)
20,893
53.678
53,678
4.600
8,400
13,000
3.000
3,000
204,139
224,109
152.011
{174,981)
3.000
At1Jan
2022
Gains an(1 At 31 Dec
losses
2022
Income Expenditure
TranSf￿S
General funds
Yvonne Bayton
unrestricted
general fund
Bety Magson
Legacy Fund
No 4 The Village
Refvrbishmerrt
Fund
InGumbents board
fund
84,568
128.481
{111,307)
101.742
82,561
118,472)
64,089
85.082
{31,404)
53.678
4.600
4,800
169,650
215.642
1161,1831
224,109

Page 28
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford. St Mary
Notes to the Financial Statements Iconthiu8dJ
Year ended 31st December 2023
18. Analysis of charltable funds {tortlinu8rf1
Roslrlcted funds
A11Jan
2023
Gains and At 31 Doc
losses
2023
Income Expenditure Transfers
EdU￿tIOn Fund
Youth and
Education Fund
Property Fund..
No 4The Village
Elisabeth Corfield
Gravestone Fund
Elisabeth Corfield
St Mary's Padded
Sealing and
Church Building
FabnG Fund
Churchyard
Upkeep Fund
Marian Bennett
fund for frontals
and vestments
34.415
4,262
38,677
20,559
20.559
90,000
90,000
73,179
9,694
82,873
70,059
16
{19.349}
(3.CN)O)
47,726
173
173
20.oc
20,000
300,008
288,385
33.972
(19,3491
13,0001
At1Jan
2022
Gains and At 31 Dec
losse8
2022
Income Expertditwe Transfers
Education Fund
Youth and
Education Fund
Property Fund..
No 4 The Willage
EIis8beth Corfield
Gravestone Fund
Elisabeth Corfield
St Mary's Padded
Seatsng and
Church Building
Fab￿C Fund
Churchyard
Upkeep Fund
Marian Bennett
fund for frontals
and vestrnents
37,979
(3,564)
34.415
20.559
20,559
90.0
90.000
73.179
73.179
73,179
{3,120)
70,059
{2.102}
2,275
173
148,538
142,794
15,2221
2.275
288,385

Page 29
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Notes to the Financlal Statements {conllou¢dJ
Yèar ended 31st December 2023
18. Analysls of charitable funds (cofttsTnu
Endowment funds
A11Jan
2023
Gains and At 31 Dec
losses
2023
Ino)me Expenditure Transfers
Permanent
Endowment Fund
28,182
2,651
30,833
At1Jan
2022
Gains and At 31 Dec
1085es
2022
Income Expenditure
Transfers
Permanent
Endowment Fund
34,355
{3,760}
(2.2751
(138)
28.182
The above Permanent Endowment Fund compris&s:_
2023
2022
CCLA Investment- Kingswlnford Trust Account
30.833
28.182
19. Analysls of net as$¢ts between funds
Unrestrirted
Funds
Restrict&Y Endowment Total Fund$
Funds
Funds
2023
Tanglble fixed assets
Investments
Current assets
Creditors less than 1 year
Net assats
90,000
120,493
89.515
90,000
183,589
268,925
17,534}
534.980
32.263
179.410
{7:534)
204,139
30,833
31m),C￿8
30,833
Unrestricted
Funds
Restricted Endowment Tot21 Funds
Funds
Funds
2022
Tangible fixed assets
Investments
Current assets
Creditors less than 1 year
Net assets
90,0(M)
107,549
.836
00,000
165,220
292,628
17,172)
540,676
29,489
201.792
17.1721
224,109
28,182
288,385
28,182

Page 30
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Management Infomiation
Year ended 31 st December 2023
The followlng pages do not form part of tho financlal statem¢nts.

Pagg 31
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Detailed Statement of Flnanclal Activities
Year ended 31st December 2023
2023
2022
Incomg endowments
Donatlons and18gacies
Planned Giving
Glfl aid
Collects'ons open plate all services
Sundry donations
Legacles
Grants receivable
Fund raising
53,196
12,854
5,106
12,890
23,000
51,621
12,809
7,610
8,070
228,919
5,861
226
134
107,180
315,116
Fees and lettlngs
Funeral fees
Vvedding fees
Rent No 4
Church Hall lettings
31,837
8,767
8,400
7.358
28,943
7,553
8,165
7,111
56,362
48,508
Investment income
Bank interest
Dividend income
3,970
4.974
579
2,753
3,332
other income
Unrealised gains on investments
16,148
12,280
Total Income
188.634
354.676

Page 32
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Detalled Statement of Financial Activities ftonNnu¢dJ
Year ended 31st December 2023
2023
2D22
Expenditurg
Expenditure on charftable activlties
Wages and salaries
Utilities Gas
Utilities Electricity
Utili116s- Water
utilities- Waste
Ulillties Wifi
Ullllties- Heating allowance
Repairs and maintenan
Insurance
Sundries
Donations
L￿al and professional fees
Churchyard expenses
Printing and Stallonery
Bank Charges
Church Centre expenses
Ministy $hare
Clergy expenses
Caretaker costs
Wedding and funeral expenses
Church services and altar expenses
10,729
1,534
2,392
388
543
17)
1,710
3,039
2.262
322
512
348
12,5201
60,549
6,792
2,994
1,505
3.320
2,102
4,264
131
3,264
52,605
1,941
1,411
21,413
2,179
65,508
7,371
1,646
3,132
176
3,624
130
4,980
53,6S6
2,775
1,857
22,638
4,564
194,330
166,405
Total expendhuro
194,330
166,405
Net loss￿ on Investments
Gainslllosses) on other investrnenl assets
138
Net lexp•ndlturg)llncome
(5.696)
188,133

Page 33
The Parochial Church Council and Ecclesiastical Parish of
Kingswinford, St Mary
Notes to the Detailed Statement of Financial Actlvitles
Year ended 31st December 2023
2023
2022
Expandltur8 on charitable actlvltles
The Church ofthe Ascension. Wall Heath
Actlvltles undertaken dlrectly
Salaries
Utilllles- Gas
utllities- Electrfcty
Utilities- Water
Ulilitw- Heating allowance
Repairs and renewals
Insurance
Sundries
Donations
Printing and stalion
Ministy Share
Clergy expenses
Caretaker Gosls
Church service5 and altar expenses
5.000
908
90S
2T6
1,995
634
187
11,0081
6,722
1,536
1.208
4,617
1,637
2,754
1.564
21,462
1.123
1,857
393
1,756
21,042
859
1,411
225
43,442
36,747
Support costs
Accountancy fees
St. Marys, Klngswlnford
Actlvltles undertaken directy
Salarle5
Ulililies- Gas
Ulilitie8- Electricty
Utilities- Water
Ulilits'e5- Waste
Utilits'e5- Wifi
Utilities- Healing allowance
Repairs aftd ren8wa18
Insurar
Sundry expenses
Donations
Churchyard expenses
Printing and stationery
Church centre expenses
Ministy share
Clergy expenses
Wedding and funeral 8xp8nses
Church servicfjs and allar expen$8S
1,500
1,200
5.729
626
1.487
112
$43
(71
1,710
1,044
1,628
135
512
348
11,512)
53.827
5,256
1,786
1,325
2,102
2,508
3,264
31,563
1,082
21,413
1,g54
60,891
5,734
3,940
700
176
2,060
4,980
32,194
1,652
22,638
4,171
147.626
129.471
Support costs
Accountancy fees
Govemance costs
Legal and other professional fees
Governance costs - other finance costs
1,500
2,000
132
130
120
131
262
251

Page 34
The Parochial Church Council and Ecclesiastical Parlsh of
Kingswinford, St Mary
Notes to the Detailed Statement of Financial Activities
Year ended 31 st December 2023
Expenditure on charitable actlvltl6s
194,330
166,405