Annual Report and Financial Statements of the Parochial Church Council of Great Wyrley For the year ended 31" December 2023 Charity Commission registration number: 1134022 Page I
DIOCESE OF LICHFIELD The Parochial Church Council of Great Wyrley Trustees, Annual Report for the year ended 31st December 2023 Charity Commissron registr¢7tion number.. 1134022 ObjectlVÈ5 and Artivities The Parochial Church Council of Great Wyrley (the PCCI has the responsibility of co-operating with the incumbent in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social and ecumenical. The PCC Is also spiritually responsible for the maintenance of the church. A5 the Ecclesiastical Parish of Great Wyrley is currently in interregnum, there is no incumbent in place. The PCC is committed to enabling as rnany people as possible to worship at our church and to become part of our parish community at Great Wyrley. The PCC maintains 3n overview of worship throughout the parish and makes suggestions on how our service5 can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer, Scripture, music and sacrament. Also, through non sacramental activities of hospltality and fellowship we aim to reach non churched members of the community. Our Mission Statement is.. A ploce where all can be changed by the love of Jesu5 L7nd wherefGith ond real life connect. Public Benefit The trustees of the PCC are aware of the Charity Commission's guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of Great Wyrley it helps to promote the whole mi55ion of the Church Ipostoral, evangelistic, Social and ecumenicall more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by-. Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers,. and Promoting Christian values and service by member5 of the Church in and to their communities, to the benefit of individuals and society as a whole. Finance Review Total income has dropped since 2022. This is mainly from a reduction in donations and loose plate collections while regular giving through the bank and envelopes has increased slightly. Total expenditure has Increased from 2022. This 15 mainly due to essential repairs carried out on St Mark's Church boiler and organ and also due to an increase in the price of gas. The expenditure increase is despite a special arrangement with Lichfield Diocese to reduce the Common Fund by £14,315 to £45,000 for 2023 and 2024. Page 2
Reserves Pollry It is PCC policy to try to maintain a balance on free reserves (net current assetsl which equates to at least three months unrestricted payment5. This is equivalent to £19,05912022: £18,4531. It is held to Smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year-end was £24,20812022.' £30,391) which 15 higher than this target. The PCC are aware of this but want to keep the additional funds in these uncertain times as they aren't sure what challenges may lie ahead and also both St Mark5 and St Andrews are duÈ a Quinquennial Inspection in 2024 which May require unforeseen expenditure. The Reserves Policy will be revlewed each year by the PCC to ensure that 3 months is still a reasonable target. Safeguardlng The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops, guidance on safeguarding children and vulnerable adults). Reporting Serious Incidents A Serious Incident Is an adverse event, whether actual or alleged, which results in or risks significant harm to the charity's beneficiaries, employees, office holders, volunteer5 or to others who come into contact with the charity through its work, loss of the charity's money or assets, damage to the charity's property or harm to the charity'5 work or reputation. There were no Serious Incidents reported in 2023. Risk Management The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potential hazards. We have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. Structure, Governance and Management The PCC 15 a Body Corporate established by the Church of England and is a Charity excepted from registration with the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure119561 as amended that carne into effett on 2nd January 1957, and the Church Representation Rule5 (contained in Schedule 3 to the Synodical Government Measure 1969 as amendedl. The method of appointment of the PCC members is set out in the Church Representation Rules. The Council comprises the Incumbent, the Churchwarden, a representative of the Readers, those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meetin& by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese. Members of the congregation are alway5 urged to join the Electoral Roll, and to stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish, including deciding on how the funds of the PCC are to be spent. The PCC meet four times a year. Page 3
Related Parties Donation5 from Related Partie5 Donations from 14 related parties IPCC Member51 during the year totalled £10,25012022-. £6,315). All these donation5 were received without conditions. R2rnuneration paid to Trustees. One of the trustees ha5 been paid £110 monthly x 12 - £1,320 for cleaning on a self-employed basis. No other Trustee has received any remuneration or received any other benefits from employment with the PCC. Expenses paid to Trustees No expense5 were paid to trustees for travel or subsistence.12022- £0.00). Page 4
Refereii=e and Administr8tive detail) There are two churches bviihin thcl pai ish of Gi ea", Ihliirle'i. St DAarkb IS Sltuatarj a i Staiion R(i, Greai V]lyrley, INal5311 WS6 6U. 5t Andrew is 51TU3i-d al Hilton Lane, Walsall, Ih156 6ED. Th- parish is pa rt oF"ihe Deanery Oi Rugeley in the Diocese of LichfirJld ljvlthin the Church of England. As the Parish is currently in iiltthrregnum anrj the Churchwarden na5 resigned due to healyh iSSLies, the correspondence address is that o'l th= Vice Chair, Lynne Imills which is.. 27A i ower View qoad, Greai ljvyi ley, Valsall, WS6 6FIF. Telephone number.. 01922 415050. Cha rity Commission registration number. 113L1022. PCC members who have Served from 1$1 January 2023 until the date this report W35 approved were: Ex Officio Ivlembers The Incumbent Cornmunity Ministar Churthwarden Ravd Monica Judson (Chairl (until 24/061231 Rgvd DAorris Price l& Treasurer St Andrew) (until 1¢1111231 Dianne Beddows luntil 311031241 Deanery synod Reps Moy3 Baty (Year 31 luntil 181051231 Chris Judson Iyear 21 luntll 24106/231 Diane Owen (Year 31 luntil 181051231 Lilian Parry Dawn Penniell (Year 31 Ifrom 191051211 Elected Members Jackie Green (Vice Chair until 181051231 Lynne DAills (Vice Chair from 18105120231 Tom Boyliss Ico-opted from 201021241 Brenda Butler jackie Green Ifrom 181051231 Karen Green (co-opted from 20/021241 Ken Hackett Tracey Hall (co-opted from 201021241 Yvonne Heath luntil 14111/231 Geoff Knight (co-opted from 20/021241 Martin Lloyd (until 141111231 Bill McHale Diane Owen (from 181051231 Christine Stockley Ico-opted from 20102/241 Hazel Twyman (Treasurer, St Mark) Pam Wassell Officer of PCC.. mlanIe Maloney IPCC Treasurer from 01110122 & also St Andrews Treasurer from 141111231 The role of PCC secretary 15 currently vacant Durincr 2023, no District Warden wa5 allocated to St Marks. Dianne Beddows, the Parish Warden resigned from the post a5 of 31" March 2024 due to ill health. Page i
Names and aJdfasstss of adijlsers fvlatlll>st1St Andrew), 33 Park Street, Walsall WISI IER Virgii? Money (St Mark), 67b Queen SireeL, WolVrhaMpt0n WVI 3BY Lloilds (Parish 3ccountl, 3 fvlarket Pl, Cannock WSII 18D Independent Examiner Jonathan Hill LSchfield Diocesan Board of Finance, St Marys Hguse, The Close, Lichfield WS13 7LD Approved by the PCC on...2L .ty..1.... 2024 and signed on its behalf by-. Lynne Mills Ivlce Chairl Jackie Green Page 6
Independent Examinerfs report to the tru5tees/members of The PCC of Great Wyrley Charity Commission registrotion number.. 1134022 I report on the accounts for the year ended 315t December 2023 which are set out on the following pages. Res ective res onsibilities of the Trustees and Inde endent Examlner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination 15 needed. It is my responsibility to examlne the accounts under section 145 of the Charitie5 Act, to follow the procedures laid down in the General Oirections given by the Charity Commission (under section 1451Sllbl of the Charities Act, and to state whether particular matter5 have come to my attention. Basis of Inde endent Examiner's Statement My examination was carried out in accordance with the General Directlons given by the Charity Commission. An examination includes 3 review of the accounting records kept by the charity and a comparison of the account5 presented with those records. It also includes consideration of any unusual items or disclosures in the accovnts, and seeking explanations from the trustees concerning any such matters. The procedure5 undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair" view and the report is limited to those matters set out in the statement below. Inde endent Examiner's Statement In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect: accounting records were not kept in accordance with section 130 of the Charities Act or the account5 do not accord with the with the accounting records I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Jonathan Hill FCMA CGMA Llchfield Diocesan Board of Finance St Marys House, The Close, Lichfield, W513 7LD Date.. Page 7
The Parochlal Church Council of Great Wyrley Financial Statements for the Year Ended 31" December 2023 Accounting Policies The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis. There may be minor discrepancies in the totals as the pence are not being shown. Ca5hflow Statement The Charity has taken advantage of the exemption in FR5102 from the requirement to produce a cashflow statement on the grounds that the income does not exceed £500,000. Going Concern There are no material uncertainties relate to events or conditions that cast Significant doubt on the charit(5 ability to continue as a going concorn. Accounting Estimates and Prior Year Errors No chan8es to accounting estimates have occurred in the reporting period. No material prior year errors have been identified in the reportlng period Fixed Assets Consecrated and benefice property is not included in the accounts by 5.1012llal & ICI of the Charities Act 2011. Moveable church furnishin8s held by the Vicar and Churchwardens on Special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church's inventory, which can be inspected lat any reasonable timel. For anything acquired prior to 2000 there is insufficient Cost information available and therefore such assets are not valued in the financial statements. Church Hall - since the c105ure of the slte as a school in 1884, the property has been used for the benefit of the parish. The site is in the process of being registered with the Land Registry in the name of the Lichfield Diocesan Trust a5 Custodian Trustees on behalf of the parish. If the registration is successful, then the asset will be included in future financial statement5 at the registration value. Page 8
Unrestricted funds are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed a55ets for its own use or for spending on a future project and which are therefore not included in its 'free reserves" as disclosed in the trustees, annual report. An explanation of purpose of each Designated fund are as follows: Magazlne IPCC occountj: Funds from local magazine for the repair or purchase of a printer/photo copier Mission IPCC t7ccountJ: PCC put amount aside for development and materials in local area Restricted funds comprise of two elements- al income from trust5 or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest. bl donations or grants received for a specific object or Invited by the PCC for a Specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average b31ance basis. An explanation of purpose of each Restricted fund are as follows= Charities 1st Markj.. Monies distributed to agreed charities as and when local case applie5. Choir (St Murk): Funds donated for the purchase of gowns and books Edalji Trust (St IL4orkJ: Sm311 amount donated early 1900 by vicar of time. Hall Boiler (St Markj; New boiler needed in attached hall Hall Repairs1St Morkj: Awaiting building a55essment Interior Decorating Scheme (PCC account): For the internal redecoration of the vicarage. Funds held by the Diocese. Musi¢ Group (St Iwarkj.. Small amount donated for the purchase of music and instruments Non-specif ic (St Mark): Restrirted monies held. Outlook (St Morkj: Monies donated from services carried out at nursing homes and care homes for materials Roof Repairs fst nqark): Repaired roof on Lady Chapel St Marks Building Fund: Applies to hall and church Roof Repairs (St Mark): Repaired roof on Lady Chapel Endowment funds are restricted fund5 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 detai15 of all their restrictions are shown in the notes to the account5. Page 9
Incoming Resource5 Planned giving, collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. Tax refunds arÈ recognised when the incomin8 resource to which they relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued. All other income 15 recognised when it is receivable. All incoming resources are accounted for gross. Resources Expended Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted fund5. All other expenditure is generally recognised when it is incurred and is accounted for gross. Governance and Support Costs support costs Should be allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the PCC and it5 compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categorie5 on a ba515 con515tent with the use of resource5 eg by allocating staff costs by time spent and other costs by their usage. Flxed Assets Consecrated and benefice property IS not included in the accounts by s.1012llal & ICI of the Charities Act 2011. Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church's Inventory, which can be inspected lat any reasonable timel. For anything acquired prior to 2000 there is insufficient cost information available and therefore such a55ets are not valued in the financial statements. Church Hall - since the closure of the site as a school in 1884, the property h35 been used for the benefit of the parish. The site 15 in the process of being registered with the Land Registry in the name of the Lichfield Diocesan Trust as Custodi3n Trustees on behalf of the parish. If the registration is successful, then the asset will be included in future financial statements at the registration value. Investments Investment5 in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value at the year end. Investments held for re-sale are treated a5 current asset investments. Debtors Debtors are measured on initial recognition at settlement amount. Subsequently they are measured as cash expected to be received. Creditors and Accruals Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settle the obligation at the reporting date. Page 10
The Parochial Church Councll of Great Wyrley Financial Statements for Year Ended 31st December 2023 Receipts and Payments Account UnrestrictedDe5ignated RestrictedEndowment funds funds funds funds Total Prior year funds total fund5 Receipts Donations and legacies Income from charitable activities Other trading activities Investments Other income Total receipts 54,873 10,368 3,119 4,683 77 80 54,950 10,448 3,119 4,715 64,886 10,184 4,896 4,731 1,281 85,977 32 73,042 189 73,232 Payrnents Raising funds Expenditure on charitable activities Total payments 20 76,218 76,238 20 76,228 76,248 164 88,023 88,187 io io Excess of receipts over payments before transfer {3.1961 179 13.0171 12,2101 Transfer5 Gross transfers between funds - in Gross transfers between funds - out Excess of receipts over payments before other gains / losses 30 11,018 5,064 14,0761 5,094 2,901 15,0941 {2,9011 (4,184) 1,167 13,0171 12,2101 Net movement in funds (4,1841 1,167 13,0171 {2,2101 All assets at 01 January 2023 28,391 3,884 8,840 41,115 43,325 All assets at 31 December 2023 24,208 3,884 10.007 38,099 41,115 Page JI
The Parochial Church Council of Great Wyrley Financial Statements for Year Ended 31, December 2023 Statement of assets and liabilities- 2023 General Designated Re5trictedEndowment Thls year Last year Current a55ets - Cash at bank and in hand Lloyds current - PCC- Nat West current- St A- Virgin current - 5t M - Virgin deposit - St M Virgin Fabric- St M Choir account - St M Interior Decorating Scheme- Totals 3,488 5,797 14,330 3,884 1,693 175 9,065 5,972 14,330 3,725 3,481 1,585 1,808 39.967 12,229 5,343 14,357 3,693 3,431 1,488 1,808 42.348 3,725 2,889 1.585 1,808 11,875 592 24,208 3,884 Liabilitie5- Agency accounts Agency collections 1,868 1,868 1,868 1,868 1,233 1,233 Totals Grand total 24,208 3,884 10,007 38,099 41,115 Statement of as5et5 and liabilitles - 2022 GeneralDesignated RestrictedEndowment This year Last year Current assets- Cash at bank and in hand Lloyds current- PCC- Nat West current- St A- Virgin current- St M - Virgin deposit - 5t M - Virgin Fabric- St M Choir account- St M Interior Decorating Scheme - Totals 7,257 5,168 15,966 3,884 1,088 175 11,6101 3,693 1,431 1,488 1,808 8.073 12,229 5,343 14,357 3,693 3,431 1,488 1,808 42,348 11,602 3,940 12.420 3,686 9,803 2,162 1,808 45,421 2,000 30,391 3,884 abllltles - Agency accounts Agency collections- 1,233 1,233 1,233 1,233 2,096 2,096 Totals Grand total 30,391 3,884 6.840 41,115 43.325 Page 12
The Parochial Church Council of Great Wyrley Financial Statements for Year Ended 31st December 2023 Fund movement by type- 2023 Opening Incoming Outgoing TransfersGain51105ses Closing Building f - St Mark's Building F Restricted 1,580 1,580 11,5801 (1,5801 Sub-total for Building f Charities - Charities- St M Restrlcted 2,363 2,363 32 32 2,395 2,395 Sub-total for Charities Choir- St- Cholr- St M Restricted 1,488 1,488 107 107 io io 1,585 1,585 Sub-total for Choir- St Edalji Tru - Edalji Trust St M Restricted 922 922 922 922 Sub-total for Edalji Tru General - General Fund Unrestricted 28,391 28,391 76,246 76,246 79,442 79,442 19881 19881 24,208 24.208 Sub-total for General Hall Boile - Hall Boller St M Restricted 456 456 456 456 Sub-total for Hall Bolle Hall Repai - Hall Repairs- St M Restricted 2,384 2,384 50 50 2,434 2,434 Sub-total for Hall Repai IDS - PCC- Interior Decorating Restrlcted 1,808 1,808 1,808 1,808 Sub-total for IDS - PCC Magazine- Designated Sub-total for Magazine- Magazine Designated 2,680 2,680 2,680 2.680 Page J3
Mlsslon - Mission Designated - Designated 1,204 1,204 1,204 1,204 Sub-total for Mission - Music Grou- Music Group- St M Restricted Sub-total for Music Grou 268 268 268 268 Non-specif - Non-specif ic - St M Restricted Sub-total for Non-specif 1,584 1,584 11,5841 (1,5841 outlook-_ Outlook- St M Restricted 140 140 140 140 Sub-total for Outlook - Roof Repai- Roof Repairs- St M Restricted Sub-total for Roof Repai 14,1511 14,1511 4,151 4,151 Wedding De- Wedding Dep051t5- Designated Sub-total for Wedding De Grand total 41,115 76,436 79,452 38,099 Patre IJ
Fund movement by type- 2022 Openln Incoming Outgoing TransfersG3ins/losses Closing Building f - St Mark's Building F Restricted 2,230 2,230 loo loo 750 750 1,580 1,580 Sub-total for Building f Charities - Charities- St M Restricted 2,356 2,356 2,363 2,363 Sub-total for Charities Choir-St- Choir-st M Restricted 2,162 2,162 674 674 1,488 1,488 Sub-total for Choir- St Edalji Tru Edalji Trust- St M Restricted 922 922 922 922 Sub-total for Edalji Tru General- General Fund Unrestricted 22,013 22,013 81,292 81,292 73,813 73,813 899 899 30,391 30,391 Sub-total for General Hall Boile - Hall Boiler- St M Restricted 456 456 456 456 Sub-total for Hall Boile Hall Repai - Hall Repairs- St M Restricted 2,384 2,384 2,384 2,384 Sub-total for Hall Repal IDS - PCC- Interior Decorating Restricted 1,808 1,808 1,808 1,808 Sub-total for IDS - PCC Magazine- Designated Sub-total for Magazine- Magazine Designated 2,680 2,680 2,680 2,680 Mission - Mission Designated - Designated 1,204 1.204 1,204 1,204 Sub-total for Mission- Music Grou - IVTusi¢ Group- St M Restricted Sub-total for Music Grou 268 268 268 268 Poge 15
Non-Specif- Non-specific- St M Restricted Sub-total for Non-specif 1,434 1,434 150 150 1,584 1,584 outlook-_ Outlook- St M Restricted 140 140 140 140 Sub-total for Outlook - Roof Repai - Roof Repairs- St M Restricted Sub-total for Roof Repai 2,370 2,370 4,429 4,429 12,950 12,950 16,1511 {6.1511 Wedding De- Wedding Deposits- Designated Sub-total for Weddlng De 900 900 19001 (9001 Grand total 43.325 85.977 88,187 41,115 Page 16
The Parochial Church Coun¢ll of Great Wyrlev Financlal Statements for Year Ended 31st December 2023 Analysis of receipt5 and payments Total UnrestrirtedDesi nated Restritted Endowment Thls ear Last ear RECEIPTS Donations and legacies GiftAid 8ank Gift Aid - Envelopes Non Gift Aid- Bank Non Gift Aid - Envelopes 19,522 8,497 4,944 8,438 19,522 8,497 4,944 8,438 17.262 9,567 7,278 5,912 Loose plate collection5 Just Giving Donations appeals etc Tax recoverable on Gift Aid Non-recurring one-off grants Other funds generated 2,710 2,710 4,582 1,175 4,035 10,102 4,200 774 64,886 1,098 9,610 77 1,175 9,610 54 54,873 54 54,950 Total 77 Income from charitable activities Fees for weddings and funerals Local Wedding and Funeral Fee Church hall lettings objectives 8,506 80 8,586 7,799 210 210 2,385 1,652 1,652 Total 10,368 80 10,448 10,184 Other trading activlties Fund raising Church hall lettings- fund raising Parish magazine sales 3,119 3,119 3.393 1,170 333 4.896 Total 3,119 3,119 Investments Bank and buildin8 society interest 32 32 Page J7
Rent from lands or buildings Total 4,683 4,683 4,683 4,715 4,725 4,731 32 other income Other Income 1,281 1,281 85,977 Total INCOME TOTAL 73,042 189 73,232 PAYMENTS Raising funds Costs of Stewardship campai8n Costs of fetes & other events Total loo 64 164 20 20 20 20 Expenditure on charltable artivities Parish Share/Common Fund Parish Share Parish Share/Common Fund Support Salary of parish administrator Parsonage house expenses Parish training and mission Website costs Church running- insurance Organ / piano tuning Church maintenance Cleaning Upkeep of church services Choir Upkeep of churchyard Administration Bank & contactle55 charges Church running- electric Church running - gas Church running- water Hall runnin8- electricity Hall running- gas Hall running- water Goverrsance costs examination/audit fee Church major repairs - structure 11,257 33,743 11,257 33,743 19,865 39,450 17,3111 200 173 126 120 4,719 95 125 95 125 4,856 1.728 8,302 3,570 2,188 4,856 1,728 8,302 3,570 2,188 io 248 iio 120 1,863 6858 732 269 56 99 2,826 3,174 1,643 674 225 379 120 2,076 4,657 472 148 82 55 450 io 248 iio 120 1,863 6858 732 269 56 99 13,700 Page 18
Total EXPENDITURE TOTAL 76,218 76,238 io io 76,228 76,248 88,023 88,187 GRAND TOTAL 13,1961 179 13,0171 12,2101 Staff Costs There were no employee benefits to key management personnel in the previous or current year. The PCC did not employ anyone during the year. Donations from Related Partie5 Donations from 14 related parties IPCC Membersl during the year totalled £10,25012022'. £6,315). All these donation5 were received without conditions. Remuneration paid to Trustees. One of the trustees has been paid £1 10 monthly x 12 £1,320 for cleaning on a self-employed basis. No other Trustee has received any remuneration or received any other benefits from employment with the PCC. Trustees Ex enses No expenses were paid to trustees for travel or subsistence.12022.' £0.001. Related Parties No other expenses were paid to any other PCC member. persons closely connected to them or related parties. Page 19
Anal sls of Transfer between Funds 2023 Deblt Credit 441.56 Descri tion Trnsfr from Bldg Fnd to Non-spec 6501 Trnsfr from Bld Fnd to Non-spec 6501 To clear shortfall in Roof Repairs 6501 To clear shortFall in Roof Repairs 6501 Trn5fr from Bld FTrd to Roof Repair- 6501 Trnsfr from Bldg Fnd to Roof Repalr- 6501 rrnsfr from Bldg fund 6510 to Roof Re air165011 Trnsfr from Gen to Roof Repair- 6501 Trn5fi from Gen to Roof Repair- 6501 To clear Roof Repair shortfall 6510 To clear Roof Repair shorrfall - 6510 Tmsfr frotm Non ec io Bldg Fund 6510 Trnsfr from Non Spec to Bldg Fund 6510 Trnsfr frcim Bldg fund165101 to Roof Repair165011 Trnsfr from St M Roof Re irs to Gen Trnsfr from St M Roof Re airs to Gen Fund Building fund St Mark's Non-specific- St M Non-5 ecific-st M Roof Rep3irs St M fund St Mark's Roof Repairs St M Roof Repairs - St M General Roof Repairs - St M Non-specific- St M Roof Repalrs St M Non-s ecific St M Building fund 5t Mark's Building fund St Mark's Roof Repairs - St M General Fund Ty Res ries Res Res 441.56 591.56 591.56 988.19 Res Res Res 988.19 591.56 1,017.99 Unr Res Res Res Res Res Res Res Unr 1,017.99 991.95 991.95 441.56 441.56 591.56 30 30 Anal sis of Transfer between Funds 2022 Deblt Credit Oe5CTlPtion Trnsfr from 6501 Gen to 6510 Roof Trn51r frorn Gen ta Charities funds- 6505 Tm5fr from Gen EO Charities funds- 6SOS Tmsfr from 6501 Gen to 6510 Roof Tmsfr from wed dep ro gen- correct yle balance rmslr from wed dep tc gen- correct y/e balance Fund Fund Type Unr Unr Res Res 2,000.00 0.79 General General Charitie5 St Nl Roof Re alrs St M Weddi General 0.79 2.CQO.00 900 Deposlts PCC Des Unr 900 Fixed Assets al Tangible Fixed Assets The PCC does own St Marks Hall which is held in trust with Lichfield Diocesan Board of Finance. This 15 currently being registered with Land Registry so has not been included within the Accounts until thi5 process has been completed. The School House it is thought that Lichfield Board of Education may be holding this as Custodian for the Vicar and Wardens. This will be investigated. bl Fixed Asset Investments The PCC does not hold any Fixed Asset Investments Page 20
Liabilities Liabilities due within one year 2023 2022 Agency 1,926 1,233 Total 1,926 1,233 Debtors 2023 2022 ency- Vacanc 58 Total 58 The Agency total net figure is £1,868 shown in the accounts. Poge 21
Surnmary of Assets by Fund 2023 Unrestricted General Fund 24,208 24,208 28,391 Designated Magazine Designated - PCC Mission Designated - PCC 2,680 1,204 2,680 1,204 2,680 1,204 Restrirted Charities- St M Choir- St M Edalji Trust St M Hall Boiler- St M Hall Repairs- St M Interior Decorating Scheme- PCC Music Group- St M Non-specific - St M Outlook- St M Roof Repairs - St M St Mark's Building Fund 2,395 1,585 922 456 2,434 1,808 268 2,395 1,585 922 456 2,434 1,808 268 2,363 1,488 922 456 2,384 1,808 268 1,584 140 14,1511 1,580 140 140 Total 24.208 3,884 10,008 38.100 41.115 Page ?2
Summary of Assets by Fund 2022 Unrestricted General Fund General Fund Designated Magazine Designated - PCC Mission Designated PCC Wedding Deposits - PCC Restricted Book5 Sales - St M Charitie5 - St M Choir-st M Edalji Trust St M Hall Boiler St M Hall Repairs- St M In Memoria- St M Interior Decorating Scheme - PCC Music Group- St M Non-specific- St M Outlook- St M Roof Repairs - St M Roof Repairs - St M St Mark's Building Fund Upkeep Ofst Marks Organ 5,167 15,966 5,167 15,966 3,940 13,266 2,680 1,203 2,680 1,203 2,680 1,203 2,363 1,487 921 455 2,383 2,363 1,487 921 455 2,383 2,355 2,161 921 455 2.383 1,808 268 1,583 140 14,1821 30 1,579 1,808 268 1,583 140 14,1821 30 1,579 1,808 268 1,433 140 2,340 30 2,229 Total funds 32,275 8,840 41,115 43,325 Page 23
Receipts & Payments Comparatives Previous Year 2022 Unrestricted Restricted funds funds Endowment funds Total Prior year funds total funds Income and endowments from: Donations and legacies 60,205 4,678 85,968 64,877 Income from charitsble activiDes 10,184 10,184 2,791 Other trading activities 4,895 4,895 583 Investments 4,724 4,731 4,420 Other income 1.280 1.280 2,995 Total in¢orne 81,290 4.685 85,975 75,666 Expenditure on.. Raising funds 163 163 39 Expenditure on charitable acfjvSMes 73,647 14.374 88,021 65,972 Other expenditure Total expenditu 73,810 14,374 88.185 66.012 Net income I leKpendlturel re50Ltrces before transfer 7,478 19.6891 12,2101 9.655 Trdnsfers Gross transfers between funds- in 900 2,000 2,900 Gloss transfers between funds- out 12.9011 12,9011 121 Other recognised gains I losses Gain5/losses on investment assets Gains on revaluation, fixed assets. charitvs own Use Net movement funds 5,478 17,6881 12,2101 9,655 Total funds brought forward 26,797 16,527 43,325 33,669 Poge ?4
Total funds carried forward 32,275 8,840 41,115 43,325 Page 25