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← The Parochial Church Council Of The Ecclesiastical Parish Of Bardsey

2023-12-31-accounts

Charity No: 1134014

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED

31 DECEMBER 2023

FOR

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Page
Legal and Administrative Information 1
Trustees’ Report 2 - 7
Independent Examiner’s Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11 - 15

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2023

Trustees: Reverend Angela Hannafin Mrs Jacqueline Earnshaw Mrs Fiona Siekierkowski Mrs Katherine Jones Mr Philip Jones Mr Peter Lord Mrs Charlotte Meek Dr Eliza McIntosh Mrs Helen Render Mr Robert Siekierkowski Reverend Dr Anna Wallis Mr Terry Wheeler Professor Marjorie Wilson Parish Administrator: Dr Catriona Brent Contact Details: The Parish Administrator Callister Hall Woodacre Lane Bardsey Leeds LS17 9DG Telephone 01937 574273 Email bardseyparishchur@btinternet.com Web www.bardseyekparish.com PCC Treasurer: Mrs Katherine Jones Independent Examiners: Temporal Lennon & Company Limited Chartered Accountants Suite 1 1 The Crescent Adel Leeds LS16 6AA

1

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

Aim and purposes

The Parish of Bardsey Parochial Church Council (P.C.C.) is a public benefit entity within the meaning of FRS102 and has the responsibility of co-operating with the Incumbent, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The P.C.C. is also responsible for the care and maintenance of two churches: the Parish Church of All Hallows in Bardsey and the Church of Saint Mary Magdalene in East Keswick, together with their respective churchyards, both of which remain open for burials and the interment of ashes. A further responsibility extends to the care and maintenance of the church hall in Bardsey, known as The Callister Hall.

Objectives and Activities

The P.C.C. is committed to enabling as many people as possible to worship at our churches and to become part of our parish community. The P.C.C. maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament.

When planning our activities for the year, we have considered the Commission's guidance on public benefit and, in particular, the supplementary 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:

To facilitate this work, it is important that we maintain the fabric of the Parish Church of All Hallows, The Church of Saint Mary Magdalene and The Callister Hall.

Reference and Administration details

The Parochial Church Council of the Ecclesiastical Parish of Bardsey is a registered charity – registration granted on 3rd February 2010. The official name of the charity is:

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

Registration number 1134014 Working name: Bardsey with East Keswick P.C.C.

The Ecclesiastical Parish of Bardsey includes the villages and communities of Bardsey, East Rigton, East Keswick, Wike, Wothersome, and parts of Scarcroft. The parish boundaries stretch from the A61 Leeds/Harrogate Road in the west almost to the A1 road at Bramham in the east. It is part of the East Leeds Deanery in the Archdeaconry of Leeds and the Diocese of West Yorkshire and the Dales.

Members of the Parochial Church Council are either ex-officio or elected at the Annual Parochial Church Meeting (A.P.C.M.) in accordance with the Church Representation Rules (2020).

2

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

REPORT OF THE TRUSTEES (CONTINUED….)

During 2023 the following served as trustees of the charity:

Reverend Angela Hannafin (Incumbent and Chair) Mrs Jacqueline Earnshaw (Churchwarden) Mrs Fiona Siekierkowski (Churchwarden) Reverend Dr Anna Wallis (Priest with permission to officiate)

Elected in 2022 (up for re-election in 2024)

Mr Philip Jones Mr Peter Lord Professor Marjorie Wilson

Elected in 2023 (up for re-election in 2025)

Dr Eliza McIntosh (P.C.C. Secretary) Mrs Charlotte Meek (Parish Safeguarding Officer) Mrs Helen Render (Parish Baptism Secretary)

P.C.C. Treasurer

Mrs Elizabeth Otty to August 2023. Non trustee Mrs Katherine Jones from August 2023. Co-opted onto the P.C.C. (standing for election in 2024)

Deanery Synod members

Mr Robert Siekierkowski Mr Terry Wheeler (one space vacant for Deanery Synod)

Structure, Governance and Management

The Parochial Church Council (P.C.C.) is a body established by the Church of England. The P.C.C. operates under the Parochial Church Council Powers Measure 1956 and the Church Representation Rules 2020

The method of appointment of P.C.C. trustees is as set out in the Church Representation Rules 2020. Newly appointed P.C.C. trustees are introduced into their roles and responsibilities by the Churchwardens.

The P.C.C. has met on seven occasions during the year (six ordinary meetings and one Annual Parochial Church Meeting). These meetings have been in person. The average attendance of the ordinary meetings was 87%. There were 94 names on the Electoral Roll at the time of the APCM in May 2023.

All meetings include the review of the reports of P.C.C. subcommittees and the sanctioning of any actions as required. The main subject under discussion during 2023 was the future of the parish, spiritual growth, developing lay leadership, children’s ministry, developing our eco strategy as well as the ongoing routine management of our buildings and churchyards, and matters of finance, stewardship and safeguarding.

Sub-committees are formed when needed. This year, a new ‘Green Team’ has been formed, following the successful ‘Green Fair’ held in September. The Green Team will support and guide the eco strategy for the parish.

The P.C.C. has continued to hold more discussion during the meetings, in order to allow members to address pressing issues impacting our parish. Reports are sent out in advance, and P.C.C. members are expected to read them before the meeting.

3

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

REPORT OF THE TRUSTEES (CONTINUED….)

Structure, Governance and Management (Continued...)

Using the ancient art of Lectio Divina, the P.C.C. has focused on a key Bible text this year and meditated on it at the beginning of every meeting. Looking at Acts 2:42-27 has prompted discussions on deepening community, worship and spiritual growth.

Angela has tried to intentionally grow lay leadership this year, and move away from a clerical model of leadership where the vicar does everything. A fledgling lay team is growing and guest preachers have featured in services.

Has the power to transact the business of the P.C.C. in between official meetings as and when necessary.

Standing Committee: Has the power to transact the business of the P.C.C. in between official meetings as and when necessary. All Hallows Church Council: Is responsible for the mission and maintenance of the Parish Church of All Hallows and its churchyard. Saint Mary Magdalene Church Is responsible for the mission and maintenance of the Church of Saint Council: Mary Magdalene and its churchyard. Finance Committee: Is responsible for directing and monitoring income, expenditure and budgeting, and co-ordinating the Christian stewardship of money through planned giving.

The P.C.C. supports a parish office, situated in the Callister Hall. This office is managed by the Parish Administrator and is open every weekday afternoon.

Achievements and Performance

The Reverend Angela Hannafin is the Incumbent of the Parish (half time) and also Lay Training Officer (half time) with responsibility for Mission and Discipleship in the Diocese of Leeds. The Reverend Dr Anna Wallis was licenced as Priest with Permission to officiate in the Diocese from December 2021. Revd Angela Hannafin is also a member for the House of Clergy for General Synod (Diocese of Leeds), elected 2021.

Our normal times of services are: -

First Sunday: 10.00 – Joint Parish Holy Communion (at either church) Second Sunday 08.00 - Holy Communion All Hallows 09.15 – Family Worship at Saint Mary Magdalene 10.45 - Family Worship at All Hallows Third Sunday 08.00 – Morning Worship at All Hallows 09.15 – Holy Communion at Saint Mary Magdalene 10.45 - Holy Communion at All Hallows Fourth Sunday 08.00 - Holy Communion All Hallows 09.15 - Morning Worship at Saint Mary Magdalene 10.45 - Morning Worship at All Hallows Fifth Sunday A joint service is held at either church or at our local Methodist Church

NB – Due to the current fuel crisis, the P.C.C. decided that for a temporary period, the parish would heat only one building on a Sunday and hold increased joint services. This proved successful, building a stronger parish identity, and easing the strain on resources.

4

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

REPORT OF THE TRUSTEES (CONTINUED….)

Achievements and Performance (continued…)

Our churches, which are normally publicly open during day light hours, are now open again after Covid and remain so at year end. Both churches now feature a Children’s Craft area which is used during the week and proving popular with local families.

In 2023 we held 10 baptisms and 3 weddings. 13 funerals have taken place, 1 person has been buried and the cremated remains of 9 people have been interred in our churchyards.

Bardsey playgroup, as registered local authority childcare provider, uses the Callister Hall for much of the year. Other local groups also use this building during the week. For the last year, we have held a “Callister Café” on the second Tuesday of every month as a social space for local residents to have a community lunch. This has proved popular and grown steadily over time.

During the year we have continued our mission into the community in a number of ways: -

5

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

REPORT OF THE TRUSTEES (CONTINUED….)

Financial Review

Planned giving income, plus other giving in 2023, dropped by 8% to £48,096 in 2023 (2022: £52,521) and continues the trend of decreasing seen over previous years (2021: £53,520, 2020: £81,240, 2019: £70,275). This has been identified as a matter of concern for the future financial viability of the parish.

However, overall income in 2023, was significantly raised due to several very generous donations totalling £52,362. Within this total were donations specifically requesting amounts be given to social charities of the PCC’s choice. This has been actioned with £17,741 distributed during 2023 and a remaining £4,509 for distribution in 2024. Rental income from the Callister Hall shows a small increase to £8,077 (2022: £7,886), as does Newsletter advertising which brought in £5,196 (2022: £5,044). Income from investments dropped slightly to £9,918 (2022: £10,463) but this is expected as the amounts invested are decreasing. Income from Parochial fees also dropped to £5,851 (2022: £8,690) but this is income from weddings, funerals, burials etc and so is out of our control.

Expenditure shows an increase of 9% to £149,812 (2022: £137,780). A large part of the increase was due to rapidly rising utility costs which totalled £15,866 in 2023 (2022: £6,954, 2021: £4,363). £13,492 was also spent on Non-recurring major expenditure on the gas leak and wall collapse at All Hallows. After much deliberation the P.C.C. decided not to pay the Parish share in full in 2023. £10,000 was withdrawn from investment funds to allow £55,000 to be paid against an invoice of £80,308. Although the Parish has assets held in investments a large part of this is an Endowment fund from which only the interest can be used for the maintenance and upkeep of the East Keswick churchyard.

Meanwhile the Parish remains solvent though we must look for ways to mitigate the impact of the financial challenges we face in 2024. The P.C.C. realise the need to address the situation proactively and to be good stewards of the Parish finances. We held joint services in alternate churches between January and March 2024 in an effort to reduce utility costs, and are organising a Fundraising weekend at the end of April. We believe the key to success with this campaign is reaching out to the community, with whom we have good links and support. We are also in the process of joining the Parish Giving Scheme which will be introduced in the summer.

Policy on Reserves

Reserves are managed and invested in order that short, medium and long-term requirements of the Parish can be adequately met and funds made available to satisfy any needs as and when they arise. The P.C.C. has agreed to hold a maximum of £30,000 to satisfy such needs

Volunteers

The church leadership wishes to express its grateful thanks and appreciation to every member of our congregation and many other local people who have tirelessly and enthusiastically given their time and support to the parish throughout 2023.

Fabric and Maintenance Report

During 2023 All Hallows, Saint Mary Magdalene and the Callister Hall have undergone the annual statutory inspections required for fire extinguishers and gas safety. The lightning protection on both churches has been inspected and tested and the two church organs have been serviced. Routine maintenance of the grass, hedges and trees in both churchyards has also continued.

Other works:

All Hallows –

We experienced two major gas leaks at All Hallows between November 2022 and March 2023 which took great time and effort to repair, and meant there was no heating in the church during that period. The wall outside the church sustained damage and had to be safely dismantled and rebuilt. There were also trees which had to be cut down and removed due to storm damage.

6

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

REPORT OF THE TRUSTEES (CONTINUED….)

Fabric and Maintenance Report (continued...)

Saint Mary Magdalene –

A new noticeboard and a new television screen have been erected (the television screen is situated to the right hand wall of the church). A laptop has been purchased to facilitate audiovisual support during services and several lay parishioners have been trained to use it. The screen will save on paper and allow the church to engage with different styles of worship.

Callister Hall –

No major work has been required during the year.

Risk Management

Safeguarding

The P.C.C. recognises the importance of its responsibilities to the needs of all vulnerable adults and young people and abides by all Government and Diocesan policy requirements. All P.C.C. members have undertaken online safeguarding training during and our safeguarding polices are displayed on our notice boards and our web site. Safeguarding matters are discussed at all P.C.C. meetings, reviewed annually and full written policy for the parish is available from the Parish office.

Health and Safety

The health and safety of the users of our premises is an ongoing concern as the P.C.C. seeks to assess and to monitor all risks relating to its various activities. Health and Safety matters are discussed at all P.C.C. meetings, reviewed annually and written polices are held in both churches and the Callister Hall

Approval

This annual report was approved by the Parochial Church Council on 18[th] March 2024 and signed on their behalf by:

………………………………… Incumbent

7

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2023, which are set out on pages 9 to 15.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of Charities Act 2011 ('the Act').

I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those record; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

J M G Richardson FCA Temporal Lennon & Company Limited Suite 1 1 The Crescent Adel Leeds LS16 6AA

Date: 11 April 2024

8

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

Notes
INCOME AND ENDOWMENTS
Voluntary Income
2a
Activities for generating funds
2b
Income from investments
2c
Church activities
2d
TOTAL INCOME
EXPENDITURE
Church activities
3a
Raising funds
3b
TOTAL EXPENDITURE
NET INCOME/(EXPENDITURE)
BEFORE INVESTMENT GAINS
NET GAINS/(LOSSES) ON
INVESTMENTS
NET INCOME/(EXPENDITURE)
TOTAL FUNDS BROUGHT
FORWARD
TOTAL FUNDS CARRIED
FORWARD		 Unrestricted
Funds
Restricted
Funds
Endowment
Funds
2023
£
£
£
£
100,793
22,250
-
123,043
13,273
-
-
13,273
3,353
-
6,565
9,918
5,851
-
-
5,851
123,270
22,250
6,565
152,085
114,201
27,741
4,472
146,414
3,398
-
-
3,398
117,599
27,741
4,472
149,812
5,671
(5,491)
2,093
2,273
0
10,441
32,810
43,251
5,671
4,950
34,903
45,524
393,044
112,996
227,661
733,701
£398,715
£117,946
£262,564
£779,225		 2022
£
93,219
12,930
10,463
9,240
125,852
134,143
3,637
137,780
(11,928)
(54,389)
(66,317)
800,018
£733,701

9

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

BALANCE SHEET AS AT 31 DECEMBER 2023

Notes
FIXED ASSETS
Tangible
7a
Investments
7b
CURRENT ASSETS
Debtors
8
Cash at bank and in hand
LIABILITIES
Creditors: amounts falling due in one year
9
NET CURRENT ASSETS
TOTAL NET ASSETS
PARISH FUNDS
Unrestricted
10 & 11
Restricted
10 & 11
Endowment
10 & 11		 2023
£
366,130
365,504
731,634
5,172
51,938
57,110
9,519
47,591
£779,225
398,715
117,946
262,564
£779,225		 2022
£
366,130
332,253
698,383
-
45,528
45,528
10,210
35,318
£733,701
393,044
112,996
227,661
£733,701

Approved by the Parochial Church Council on __ April 2024 and signed on its behalf by:

……………………………………………….

P.C.C. Chairman

10

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1. Accounting Policies

Basis of preparation

The P.C.C. is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of P.C.C.'s and with the Regulations' "true and fair view" provisions, together with the provisions of Section 1A "Small Entities" of the FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP(FRS102)).

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

Fixed assets

Consecrated land and buildings

Consecrated and beneficed property is excluded from the accounts by section 10 of the Charities Act 2011.

Freehold property

No depreciation is provided on buildings as the current estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets currently exceeds 50 years, so that any depreciation charges would be immaterial. An impairment review is carried out each year-end and any resultant loss identified included in expenditure for the year.

Movable church furnishings

No value is placed on movable church furnishings held by the Churchwardens on special trust for the P.C.C. and which require a faculty for disposal since the P.C.C. considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the Statement of Financial Activities and separately disclosed.

Other fixtures, fittings and office equipment

Equipment used with the church premises is depreciated on a straight line basis over 10 years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired.

Investments

Investments are stated at market value.

Resources used

Grants and donations are included in the Statement of Financial Activities when any preconditions preventing their use by the P.C.C. have been met. For collections and planned giving this is when the funds are received.

Activities directly relating to the work of the Church

The Diocesan share is accounted for as the amount remitted to the Diocese in the year.

11

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

NOTES FORMING PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023 (CONTINUED…)

1. Accounting Policies (continued…)

Funds

Unrestricted Funds

These represent the remaining income funds of the P.C.C. that are available for spending on the general purposes of the P.C.C., including amounts designated by the P.C.C. for fixed assets for its own use or for spending on a future project.

Restricted Funds

These are income funds that must be spent on restricted purposes and details of the funds held and restrictions provided are shown in the notes to the accounts.

Endowment Funds

These are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts.

Incoming resources

Recognition of income and endowments

These are included in the Statement of Financial Activities when:

  1. the P.C.C. becomes legally entitled to the use of the resources;

  2. and inflow of economic benefit is probable; and

  3. the monetary value can be measured with sufficient reliability.

Other ordinary income

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

Income from investments

Dividends and interest are accounted for when receivable.

2 INCOME AND ENDOWMENTS

2a)
Voluntary Income
Planned giving
Tax recoverable
Other giving
Legacy
Donations
2b)
Activities for generating funds
Callister Hall income
Newsletter and advertising		 Unrestricted
Funds
£
40,579
20,085
7,517
-
32,612
£100,793
8,077
5,196
£13,273		 Restricted
Funds
£
-
2,500
-
-
19,750
£22,250
-
-
-		 Endowment
Funds
£
-
-
-
-
-
-
-
-
-		 2023
£
40,579
22,585
7,517
-
52,362
£123,043
8,077
5,196
£13,273		 2022
£
43,768
18,335
8,753
1,000
21,363
£93,219
7,886
5,044
£12,930

12

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

NOTES FORMING PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023 (CONTINUED…)

2. INCOME AND ENDOWMENTS (continued…)

2c)
Income from investments
Dividends on CBF investment funds
Bank and CBF deposit funds interest
2d)
Income from church activities
Parish council grant
Parochial fees
3
EXPENDITURE
3a)
Church activities
Church and Hall running costs
Church and Hall maintenance
Churchyard maintenance
Non recurring major expenditure (see
note 6)
Diocesan share
Management and administration
Donations
3b)
Raising funds
Printing of newsletter		 Unrestricted
Funds
£
3,353
-
£3,353
-
5,851
£5,851
Unrestricted
Funds
£
20,619
7,243
7,014
13,492
45,000
20,833
-
£114,201
£3,398		 Restricted
Funds
£
-
-
-
-
-
-
Restricted
Funds
£
-
-
-
-
10,000
-
17,741
£27,741
-		 Endowment
Funds
£
6,261
304
£6,565
-
-
-
Endowment
Funds
£
-
-
4,472
-
-
-
-
£4,472
-		 2023
£
9,614
304
£9,918
-
5,851
£5,851
2023
£
20,619
7,243
11,486
13,492
55,000
20,833
17,741
£146,414
£3,398		 2022
£
10,362
101
£10,463
550
8,690
£9,240
2022
£
11,413
10,302
9,560
9,120
73,326
20,422
-
£134,143
£3,637

4 ANALYSIS OF EXPENDITURE

The management and administration costs are allocated in their entirety to the unrestricted
expenditure and include
Independent examiners remuneration		 2023
£
£1,178		 2022
£
£1,524

13

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 (CONTINUED…)

5 STAFF COSTS
Gross wages
Pension costs
Number of staff employed
6 NON RECURRING MAJOR EXPENDITURE
All Hallows rebuilding of wall
All Hallows gas pipe repairs
Saint Mary Magdalene TV set up costs
Saint Mary Magdalene decorating
7 FIXED ASSETS
7a)Tangible
Cost
As at 1 January 2023 and 31 December 2023

Depreciation

As at 1 January 2023 and 31 December 2023

Net book value

As at 1 January 2023 and 31 December 2023
Freehold
property
£
336,130
-

£336,130		 2023
£
£13,658
£668

1
2023
£
5,949
5,550
1,213
780		 2022
£
£11,525
-
1
2022
£
-
-
-
9,120
£13,492 £9,120
Office
Equipment
£
3,636

3,636

£-		 Total
£
339,766
3,636
£336,130

The freehold property relates to Callister Hall and is recorded at "fair value" as at 1 January 2015 (£366,130) which is taken to be deemed cost under the transitional arrangements to FRS 102.

7b)Investments


Market value as at 1 January 2023

Additions/(disposals)

Net investment gains/l(losses)

Market value as at 31 December 2023

All investments relate to CBF Church of England Investment funds.
The market value represents investments for:
Unrestricted funds
Restricted funds
Endowment funds		 2023
£
332,253
(10,000)
43,251
£365,504
2023
£
-
112,557
252,947
£365,504		 2022
£
414,642
(28,000)
(54,389)
£332,253
2022
£
-
112,116
220,137
£332,253

14

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BARDSEY

NOTES FORMING PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023 (CONTINUED…)

8 DEBTORS (Unrestricted funds)
8
9
10		 DEBTORS (Unrestricted funds)
Tax recoverable
Parochial fees
AMOUNTS FALLING DUE IN ONE YEAR
Accruals
Deferred income (Newsletter 2024 advertising income)
Deferred income (Charitable disbursement)
SUMMARY OF FUNDS MOVEMENTS
As at 1
January 2023
Incoming
resources
Resources
expended
£
£
£
Unrestricted
General Fund
393,044
123,270
(117,599)
Restricted
Bardsey School House Fund
28,784
-
(10,000)
E Keswick Parsonage Fund
84,212
-
-
Charitable donations
-
22,250
(17,741)
112,996
22,250
(27,741)
Endowment
E Keswick Churchyard Fund
220,137
-
-
Saint Mary Magdalene Deposit Fund
7,524
6,565
(4,472)
227,661
6,565
(4,472)
Total Funds
£733,701
£152,085
£(149,812)		 2023
£
2,788
2,384
£5,172
2023
£
6,018
3,501
-
£9,519
Investment
gains
£
-		 2022
£
-
-
-
2022
£
2,000
2,460
5,750
£10,210
As at 31
December
2023
£
398,715
28,784
-
(10,000)
84,212
-
-
-
22,250
(17,741)		 2,601
7,840
-		 21,385
92,052
4,509
112,996
22,250
(27,741)		 10,441 117,946
220,137
-
-
7,524
6,565
(4,472)		 32,810
-		 252,947
9,617
227,661
6,565
(4,472)		 32,810 262,564
£733,701
£152,085
£(149,812)		 £43,251 £779,225

10 SUMMARY OF FUNDS MOVEMENTS

The General reserve represents the free funds of the charity, which are not designated for particular purposes

The Bardsey School House funds and the East Keswick Parsonage funds were both established on the sale of the respective properties. The assets of the funds are held by the Diocese as custodian trustee to be applied in the future for ecclesiastical purposes

The East Keswick Churchyard fund was established in 2009 by a legacy. The fund is classed as a permanent endowment whereby the capital is retained in perpetuity with income arising to be applied to the maintenance of Saint Mary Magdalene’s churchyard.

11 SUMMARY OF ASSETS BY FUND

Tangible fixed assets
Investments fixed assets
Current Assets
Owed between funds
Liabilities due within one year		 Unrestricted
funds
Restricted
funds
Endowment
funds
£
£
£
366,130
-
-
-
112,557
252,947
42,984
4,509
9,617
(880)
880
-
(9,519)
-
-
£398,715
£117,946
£262,564		 2023
£
366,130
365,504
57,110
-
(9,519)
£779,225		 2022
£
366,130
332,253
45,528
-
(10,210)
£733,701

15