St Barnabas
'HVKLH IhE
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsficAL PARISH OF
ST. BARNABAS, ERDINGTON
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Charity Registration Number: 1134064
HARWOODS
CHARTERED ACCOUNTANTS

ERDINGTON PAROCHIAL CHURCH COUNCII
FOR THE YEAR ENDED 31- DECEMBER 2023
CHARITY REFERENCE AND ADMINlStRATIVE DETAILS
Charity Registration Number
1134064
Incumbent (Chairl
Rev. Emma Sykes
Curate
Rev Susan Pearson Ifrom 26 June 20211
Church Wardens
Simon Dodson
Jane Wood
Rebecca Helmn (Deputy from April 20231
Treasurer
Simon Dodson
Secretary
Jane Smith Ico-optedl
Elected Members
Constance Dangare (Left April 20231
Barbara ubah (left April 20231
Derek Haywood
Louise Ordidge
Sandra Rogers ILeft April 20231
Rev Margaret Robinson ICc>optedl
Sholadoye Bababunmi
Hermine Brown
Emily Sewell (co-opted December 20231
Registered Address
High Street
Erdington
Birmin8ham
B23 65Y
Independent Examiner
Adam Bexon Mchem FCA
Harwoods Chartered Accountant5
l Trinity Placè
Sutton Coldfield
B72 ITX
Bankers
Lloyds Bank
207 High Street
Erdington
Birmingham
B23 65Z

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAI PARISH OF
ST. BARNABAS ERDINGTON
FOR THE YEAR ENDED 31 DECEMBER 2023
CONTENTS
Annual Report
Report of the Independent Examiner
Statement of Financial Activities
Balance Sheet
9-24
Notes to the accounts

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsficAL PARISH OF
. BARNABAS ERDINGTON
FOR ThE YEAR ENDED 31 DECEMBER 2023
ANNUAL REPORT
The Parochial Church Council of the Ecclesiastical Parish of St Barnabas. Erdington is part of Church of
England, Birmingharn. The correspondence address is St Barnaba5 Church Centre, High Street,
Erdington. BirTningham B23 6SY.
PCC members are either ex officio or elected by the Annual PÈrochlal Church Meetin8 IAPCMI in
accordance with the Church Representation Rules.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Constltutlon or Document
The PCC is governed by two pieces of Church of England legis13tion, called Measures. These are the
P3rochial Church Council IPowersl Measure 1956 and the Church Representation Rules (contained in
Schedule 3 to the Synodical Government Measure 1969 as amended).
Recruitment of Trustees
The method of appointment of PCC members Is set out in the Church Representation Rules. The
membership of the PCC consists of the incumbent lour Vicar}, churchwardens, and members elected by
those members of the congregation who are on the elertoral roll of the church. In addition, ordained
clergy who are licensed to the parish (our Curate) are ex officio member5 of the PCC, as are eletted
representatives to Deanery Synod Icurrentty Simon Dodsonl.
All those who attend our
serviceslmembers of the congregation are encouraged to register on the Electoral Roll and stand for
election to the PCC. Nominations are called and persons voted for, or if there is no competition for
places people are approved at an Annual Parish Church Meeting IAPCMI.
Use of volunteer5
The PCC employs a number of staff in the finance, centre management, administration and food servi
parts of its daily work, but also makes significant use of volunteers to carry out its work.
Volunteers are involved in all aspects of the work and are supervised by leaders accountable to the PCC.
Organisational Structure
Tha PCC members are responsible for making decisions on all matter5 of general concern and
importarice to the parish including deciding on how the funds of the PCC are to be spent. The full PCC
fflet 11 times during the year. The PCC ha5 the following committees-
Finance & Fabric Committee - The Finance & Fabrlc committee meets as required to aid financial and
building fabric decision making and to provide financial clarity for the PCC.
Community Hub Commlttee - The Communlty Hub committee meets as required to provide 5UPPOrt
nd direction to deliver the strategy of the Hub in providing a safe place for all people to grow
personally. with others in faith. for the people and place of Erdington.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLEsIA￿lcAL PARISH OF
ST. BARNABAS ERDINGTON
FOR THE YEAR ENDED 31 DECEMBER 2023
ANNUAL REPORT
Standing Committee - Thls is the only committee required by law. It has power to transact the business
of the PCC between its rneetings. subject to any directions 8iven by the Councll. We did not need to
meet this year.
Rlsk Management
The PCC reviews the key risks facing the Church, the controls in place to mitigate them and any action
required on an ongoing basis. The PCC continues to review and develop the strategic dirertion of the
church and considers how its exposure to risk thanges as 3 result.
OWEcfivES AND AcllviTIES
B3ckground
The PCC has the responsibility of cooperating with the Reverend Emma Sykes In promotlng In the
ecclesiastical parish the whole mission of the Church of God. Pastoral. Evangelistic. Social and
Ecumenical. The PCC Is also responsible with the Church Centre manager and Community Hub manager
for maintaining the Community Hub, Anchor Rooms and Light house meetlng space.
Church vlsion, mlsslon and values
Vlsion
Our vision Is to be a beacon of hope on the high street. That hope tomes through trusting in God's
faithfulness, sharing God's IDve and being inspired by Jesus. word5: "1 have come in order that you might
have Ilfe- life In all ivs fulness" (John 10..101.
Mission
We put that vision into practice by being a worshipping cornmunity that creates a safe and welcoming
space to all. The high street is busyi vibrant, and diverse and we see life in all its fullness everydav
through the range of joys and deep challenges that people face in their lives. Our mission is focused on:
Worship- that is invitational, inclusive. all-age and creative. We want all people to be invited
into the richness of a growing relationship with God who brings life in all its fullness.
Community- we Serve the needs of our community through our community hub actNities that
focus on the '5 Ways to Wellbein8'. We have conference rooms available for hire that help to
resource our mission and ministry.
Values
We live out our vision and mission in the following way=
chrfst Centred
we are learning and growing together In our understanding of what it mean5
to be Christ centred in all that we do. Prayer underpins everything we do. Our worship 15
Eucharistic. ￿MInding us God is with us through Jesus and bring5 life through the work of the
Holy Spirit.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
ST. BARNABAS ERDINGTON
FOR THE YEAR ENDED 310ECEMBER 2023
ANNUAL REPORT
Continued
Indusive- St B3rn3bas Church is registered with the Inclusive Church network. Everyone is
welcome here and we do not discriminate. We seek to remove any social. economic or physical
barriers that may prevent anyone from accessing our worship and activities.
Collaborative- we seek to work with others in partnership. We value the gifts of all and believe
we can be stronger together. We work with local churche5. charities. orEanisations, local
governing bodies and businesses to bring atK)ut PD51tive change.
Participatory- God values all and so we believe everyone has a God given gift they can
contribute- whether it be skills, passion, krFowledge, time or resources. We actively seek out,
discover, and celebrate those gifts.
Diversity- we value difference and believe we are richer for it. We seek to reflect our
multicultural community in our worship and community activities and in the perspectives
represented in our decision making and governing body.
Local- we love Erdington. We believe in it and want the very best for it. We will buy and invest
locally where we can.
Eco-conscious- we are concerned about the impact of human activlty on the environment and
our need to conserve natural resources. We aim to minimise consumption and waste, re-use
pre-owned items rather than buying new and recycle wherever we can. We want our church
building and churchyard to embody God's care for creation.
Promotes Wellbeing- we encourage engagement with the 5 Way5 to Wellbeing. We practice
them ourselves and incorporate them in our work culture.
Public Benefit Statement
The PCC takes its responsibilities as a charity very seriously. The church has a5ways contributed a great
deal to the community, even in the years after the devastating fire, and will strive to continue to do so.
The PCC seeks to be as inclusive as possible in its work and strives to reach out to people of all ages and
backErounds. Our aim is to involve as many people as possible in both running and participating
events and activities, many of which have the able support of volunteers. The worship, courses and
activities are open to anyone within and outside the local community. The Church building and centre
spaces are important local resources and are used by various groups and individuals not directlv
connected to the Church for their own activities and events. The Church and Chapel are used
throughout the week as quiet space for some of the most lonely and vulnerable in our comrnunity as
well as offering places for prayer for many others.
While many who join us in our gatherings are very generous in their donations to the PCC, there is no
requirement for anyone attending services to donate money to the church. Any chargÈs levied for
Specific activities and events are kept as low as possible to still be viable financially, and the PCC will look
to help where people are struggling to afford the cost.

THE PAROCWIAL CHURCH COVNCIL OF THE ECCLESIASTICAL PARISH OF
ST. BARNABAS ERDINGTON
FOR THE YEAR ENDED 31 DECEMBER 2D23
ANNUAL REPORT
ContinuÈd
The staff with oversight of the Incumbent and PCC has for8ed strong links with a range of indlviduals and
organisation5. In addition to local gNing the PCC re¥iews regular giving to UK and International charities
annually. to promote the Christian faith and to help the vulnerable and needy from all faith5 and
backgrounds.
In setting our objectives and planning our activities our Trustees have given careful consideration to the
Charity Commission's 8uidance on public benefit.
Financial Review
Total income for the year was £290,652 of whbch £261,557 were unrestricted. This included plannéd
voluntary donations £34,422, open plate of £7,101, other donations of £7,022 and a further £7,875 was
from Gift Aid Income Tax Recoverable. Grants of £16,648 were received from varlous local funders to
support our Community Hub activity-
Total income increased by £13.8k, a 5% increase compared to 2022, relating to both restricted and
unrestricted income, predominately due to an increase in giving. grants received, and room hire activity.
Café income was lower in 2023 as the Café was closed in June 2023 with redundancy payments made as
appropriate. Total interest and Investment income of £97.9k in line with 2022 giving a returning on
investment of 4%. PCC approved the sale of 174k shares during 2023 to support operational and
development eXpendit￿re.
£346,043 was spent from the unrestricted funds to provide the Christian ministry from St. Barnabas
Church. including £68.3k, being the contribution to the diocesan parish share. This largely provides the
stipends and housing for the clergy. The Community Hub activity increased in 2023 delivering more
activities, eg, Welcome Space, Coffee Mornings, Well Beingi Youth Café, Stay and Play, to 5UPPOrt the
local community. £25,622 was spent from the restri(ted funds. £12,223 to provide Community Hub
activities funded through grants received, £12,(MJ) to 5UPPQrt costs for our children and families
missioner and £1,399 to support clergy stipends.
The Churchyard development project was initiated in 2022 tg increase understanding and engagement
with the christian f31th by creating a beautiful and peaceftjl environment for reflective prayer and
contemplation in the churchyard, improving physital. natural and social environment, encouraging
environmental sustainability and to restore and preserve the historical heritage of the site.
This year we have not been able to progress the church yard project as much as we have hoped.
However, we have developed a much better sustainable plan for the upkeep and safety of the church
vard. Wlth the appointment of an operation5 manager planned for 2024, we will be able to move this
forward and raise the money needed to do the planned reBeneration.
The Balance Sheet remains strong with a change in the Tangible Fixed A55ets of £2.2m ot which £2m
relates to investment assets vthich included the sale of 174k shares during 2023. approved by PCC. The
investment value suffered an unrealised loss of £52k. The Machin Restricted funds made a transfer from
iys short term deposit actount of £12.CNJO which was used to support Children and Families Evangelical
costs in line with the Bequest agreement.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
5T. BARNABAS ERDINGTON
FOR THE YEAR ENDED 31 DECEMBER 2023
ANNUAL REPORT
Continued
Reser¥e5 Policy
It is PCC policy to try and maintain a balance on free reserves (net current assets) which equates to at
least 3 months unrestricted payments. This is equivalent to £75k. It is held to smooth out fluctuations
in cash f low and to meet emergencies. The balance of net current assets at the end of the year was
£235,165. Our funds balance at the end of the year remained strong with Unrestrirted fund of £133,647,
Designated - Rebuilding fund of £1,844,182, Restricted funds of £1￿8.623 and Endowment fund of
£51.178. Further information on funds is broken down In notes 7 to 10.
It is our polio to invest the short-term investment fund balances with the CCLA Church of England
Investment Fund
Trustees. responsibilities stutement
The trustees are responsible for preparing the Trustees, Annua5 Report and the financial statement5 111
accordance with 3pplicable law and United Kingdom Accounting Standards Iunited Kingdom Generally
Accepted Accovnting Pr3£ticel.
The law applicable to charities in England & Wales reouires the trustees to prepare financial statements
for each financial year, which give a true and fair view of th2 State of affairs of the charity and of the
incoming resources and application of resources of the charity for that period. In preparing these
financial statements, the trustees are required to:
select suitable accounting policies and then apply therr consistently-
observe the methods and principles in the charities SORP 2015 IFRS 1021,.
make judgements and estim3tes that are reason3ble and prudent,.
State whether applicable accounting standards h3ve been followed, 5ubjert to any
material departures disclosed and explained in the financial statement5,'
prepare the financial statements on the going concern basis unless It is inappropriate
to presume that the charity will continue in operation.
The trustees are responsible for keeping proper atcountiThg records that disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the financial
statement5 comply with th2 Charities Act 2011, the Charities (Accounts and Report5) Regulations 2008
and the provisions of the trust deed. They are also responsible for 5afeEuarding the assets of the charity
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information
included on the charivs web51te. Legi513tion in the United Kingdom governing the preparation and
dissemlrnation of financial statements may differ from legislation in other jurisdictions.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLE51A5TICAL PARISH OF
ST. 8ARNABA5 ERDINGTON
FOR THE YEAR ENDED 310ECEMBER 2023
INDEPENDENTEXAMINERS REPORTTOTHE TRu￿EE5 OFTHE PAROCHIALCHURCH COUNCIL OFTHE
ECCIESIASTICAL PARISH OF ST. BARNABAS EROINGTON
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 7 to 24.
Responsibillties and basls of report
As the charitls trustees you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 20111'the ACYI.
I report in respect of my examination of the charity's account5 carried out under section 145 of the A
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 examinerfs statement
Since the charity'5 gross income exceeded £250,000 your examiner rnust be a meinber of a body listed
in section 145 of the Act. I confirm that l am qualified to undertake the examination because l am a
member of The Institute of chartered Accountants in England and Wales, which is one of the listed
bodies.
I have completed my examination. I confirm that no rrtaterial matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect:
attounting records were not kept In respect of the charity as required by settion 130 of the Act; or
the accounts do not accord with those records.. or
the accounts do not comply with the applicable requirements concerning the form and tt)ntent of
accounts set out in the Charitie5 (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair Vie￿ which is not a matter considered as pan 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.
Adam Bexon Mchem FCA
For and on behalf of Harwoods
Chartered Accountants
Statutory Auditor
l Trinity Place
Mldland Drlve
Sutton Coldfield
B72 ITX
Date

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
ST. BARNABAS ERDINGTON
FOR THE YEAR ENDED 31 DECEMBER2023
STATEMENT OF FINANCIAL ACTIVITIES
Note
Unrestricted
Funds
Restricted Endowment
Funds
Fund
Total Funds
2023
Total Funds
2022
INCOMING RESOURCES
DDnor5
Other voluntary donors
Operating activities
Interest Teceivèd
Other income
Investment income
2a
2b
2c
2d
49.398
7,022
105,159
4,465
14,562
80,951
49,398
23,670
105,159
4,590
14,562
93,273
42,032
12,901
108,251
16.648
125
15,741
97,141
2f
10,923
1,399
TOTAL INCOMING RESOURCES
261,557
27.696
1,399
290,652
276,867
Resources expended
Grant5
Activities directly related to the
work of the Church
church management &
administration
1,399
1,399
1,391
3b
332.208
12,224
344,432
360,762
3c
13,835
13.835
15,476
TOTAL RESOURCES EXPENDED
346.043
12,224
1,399
359.666
377,629
Net loutgoingllincomlng
resources for the year
184,486
15,472
169,0141
1100,7621
ILos5esl/gains on investment .
Realised
22,809
22,809
Unreali5ed
191,1551
34,332
4,401
152,4221
1293.3581
Transfers between funds
11.604
111.6041
Balances brought forward at
l January 2022
2.119.057
370,423
46.777
2,536,257
2,930,377
Balances carried forward at
31 December2023
1.977,829
408,623
51.178
2,437,630
2,536,257
The notes on pages 9 to 24 form part ofthese accaunts

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
ST. BARNABAS ERDINGTON
R THE YEAR ENDED 31 DECEMBER 2023
BAIANCE SHEET
Note
2023
2022
FIXED ASSEf5
Tangible fixed assets
Investment assets
4a
4b
246,896
1,954,569
250,621
2,204,182
?.,201,465
2,454,803
CURREr￿ ASSETS
Stocks
Short term deposits
Debtors and prepayments
Cash at bank and in hand
1.082
16,855
19,372
63.218
191.979
29.398
38,635
260,012
100,527
CURRENT LIA81LITIES
Creditors: amounts falling due
within one year
23.847
19,073
NET CURRENT A55ETS
236,165
81,454
NET ASSET5
2,437,630
2,536,257
FUNDS
UTrre5tricted- Other
133,647
43,5C(J
Designated - Rebuilding fund
Smaller funds
1.837,969
6,213
2.073.366
3,191
1,844,182
2,075,557
1.977.829
2,119,057
Restrirted
Endowment
9&10
io
408.623
51.178
370,423
46,777
459,801
417,200
2,437,630
2,536,257
Approved by the Parochial Church Council on
and
gned on its behalf by
Church Warden
Treasurer
The notes on pages 9 to 24 form part of these attounts

THE PAROCHIAL CHURCH COUNCIL OF ThE ECCLESIASTICAL PARISH OF
ST. BARNABAS ERDINGTON
FO
THE YEAR ENDED 310ECEMBER 2023
NOTES TO THE ACCOUNTS
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts
in accordance with the Financial ReF)Orting Standard applicable in the UK and Republic of Ireland
issued in October 2019 the Financial Reporting Standard applicable in United Kingdom and
Republic of Ireland IFRS 1021 Charities Act 2011 and UK Generally Accepted Accounting Prartice.
Erdington Parochial Church Council constitutes a public entity under FRS 102.
The financlal statements have been prepared undèr the historical cost comientlon except for
investment a55ets, which are shown at market value. The financial statement includes all
transactions, assets and Ilabilities for which the PCC is responsible in law. They do not ir)clude
the accounts of church groups that owe their main affiliation to another body, nor those that
are informal gatherings of church members.
The financial ststemellts are prepared Dn a going concern basis under the historical cost
convention, modified to include certain items at fair value. The financial statements are
presented in sterling, which is the functional currency of the charity and rounded to the nearest
£1.
The significant accounting policies applied in the preparation of these financi31 statements are
set out below. These policies have been consistently applied to all years prosÈnted unless
otherwise stated
FUND ACCOUNTING
Restricted Funds comprise (al intome from endowments, which is to be expended only on the
restrlcted purposes intended by the donor, and Ib) revenue donations or grants for a specific
PCC activity intended by the donor. Where these funds have unspent balances, interest on their
investment is credited to the individual funds.
Unrestrirted Funds are income funds, which are to be spent on the PCCS general purposes.
Designated Funds are general funds Set aside by the PCC for use in the future.
INCOMING RESOURCES
Planned givin& collections and similar donations are ￿CognISed when receNed. Tax refunds are
recognised when the incoming resource to which they relate is received. Grants and legacies
are accounted for when the PCC is entitled to the use of the resources, their ultimate receipt is

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLEsIA￿lcAL PARISH OF
ST. BARNABAS ERDINGTON
FOR THE YEAR ENDED 31 DECEMBER 2023
NO
HE ACCOUNTS
Continued
ACCOUNTING POLICIES CONTINUED
considered reasonably certain and the amounts due are readily quantifiable. Dividends are
accounted for when declared receivable. Interest as and when accrued by the payer. All
incomin8 resources are accounted for gross.
Government grants were received in re13tion to COVID-19. These grant5 are recongnised at
their fair value of the asset recèivpd or receivable when there 15 reasohable assurante that the
tompany will comply with tondltions attaching to them ar¢d the grants will be received using the
performance/accrual model.
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 PCQ The diocesan parish share expected to be paid
over is accounted for when due. All other expenditure is generally recognised when it is
incurred and is accounted for 8ro55.
EXPENDITURE RECOGNITION
All expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all costs related to the category. Expenditure is retognised where there is a legal or
construrtive obligation to make payments to third parties, It is probable that the settlement will
bÈ required and the amount of the obligation can be measured reliably. It is categoris@d under
the following headings:
Expenditure on charitsble activities see note 3a and 3b; and
Other expenditure represents those Items not falling into the categories above See note
TANGIBLE FIXED ASSETS
Tangible fixed assets are stated at cost lor deemed costl less accumulated depreciation and
accumulated impaiment losses. Cost include5 Costs directly attributable to making the asset
capable of operating as intended.
Depreciatlon is provided on all tangible fixed assets. at rates calculated to write off the cost. less
estimated residual value. of each asset on a systematic basis over its expected useful life a5
follows..
Plant and equipment 33% on c05t
Consecrated and benefice property is not included in the accounts in accordance with s.1012llal
and (cl of the Ch3rities Act 2011.
10

THE PAROCHIALCHURCH COUNCILOF THE ECCLESIASTICAL PARISH OF
ST. BARNABAS ERDINGTON
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNT5
Continued
ACCOUNTING POLICIES CONTINUED
The company has a policy of not provlding for depreciation on Freehold property. It is
considered that depreciation is immaterial due to both the very long useful economic lives and
the high residual value of the assets.
The company has a policy and practice of regular maintenance and repair Icharges for which are
recognised in the profit and loss account) such that the Freehold property is kept to its
previously assessed standard of performance. In addition to this, it is considered that the
Freehold property is unlikely to suffèr from economic or technological obsolescence.
The company reviews the Freehold property for impalrmeTht at the end of each reporting period
Movable church furnishings held by the Vicar and the Churchwarden5 on special trust for the
PCC. and which require a faculty for di5P05al are inalienable property, listed in the Church's
Inventory, which can be inspected lat any re3sor)able timel.
IMPAIRMENT
Assets not measured at fair value are reviewed for any indication th3t the asset may be impaired
at each balance sheet date. If such indication exists. the recoverable amount of the asset. or the
asset's cash generating unit, 15 estimated and compared to the carrying amount. Where the
carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or
loss unless the asset is carried at a revalued amDunt where the impairment loss is a revaluation
decrease.
INVESTMENTS
Investment5 are recognised initlally at fair value which is normally the transaction price
excluding transattion costs. Subsequentlyi they are measured at fair valuo with changes
recognised in 'net g3inslllosses1 on investments, in the SOFA if the share5 are publicly traded or
their fair value can otherwise be measured reliably. Other invèstments are measured at cost
ess impairment.
Current asset investments are short term hlehly liquid investments and are held at fair value.
These include cash on deposit and cash equivalents with a maturity of less than one year.
CASH AND CASH EQUIVALENTS
Cash and cash equivalents comprise cash on hand and other short-term highly Ilquid
investments that are readily convertible to known cash and are subjett to an insignificant risk of
change in value.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLE51ASTICAL PARISH OF
ST. BARNABAS ERDINGTON
FOR THÉ YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNTS
Continued
ACCOUPMNG POUCIES CONTINUED
STOCKS
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Cost includes all costs of purchase. costs of conversion and other costs incurred in bringing Stock
to its present location and condition. Cost is calculated using the Pirst-in, first-out formula.
Provision is made for damaged, obsolete and slow-moving stock where appropriate.
DEBTORS AND CREDITORS RECEIVABLE I PAYABLE WThHIN ONE YEAR
Debtors and creditors with no stated interest rate and receivable or payable within one year are
recorded at transaction pri￿. Any losses arlslng from impairment are recognised in expenditure.
PROVISIONS
Provisions are reco8nised when the charity has an obligation at the balance sheet date as a
result of a past event, it is probable that an outflow of economic benefrts will be required in
settlement and the amount can be reliably estimated.
TAX
The charity is an exempt charity within the meaning of sthedule 3 of the Charities Art 2011 and
is considered to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore
it meets the definition of a charitable company for UK corporation tax purposes.
GOING CONCERN
The financial statements have been prepared on a going concem basis as the trustees believe
that no material uncertaintiès exist. The trustees have considered the level of funds held and
the expected level of income and expenditure for 12 months from authorising these financial
Statements. The budgeted income and expenditure is sufficient with the level of reserves fDr the
charity to be able to continue as a going toncem.
EMPLOYEE BENEFITS
When employee5 have rendered service to the charity, Short term employee benefit5 to which
the employee is entitled are recognlsed at the undiscounted amount expected to be paid in
ex¢hange for that service.
The charity operates a defined contribution plan for the benefit of its employees. Contributions
a￿ expensed as they become payable.
12

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
ST. BARNABAS ERDINGTON
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNTS
Continued
INCOMING RESOURCES
INCOMING RESOURCES FROM DONORS
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2D23
Total
2022
Collections
Planned givir)g
Gift Aid & pledged giving
Income tax recoverable
Open p13te
34,422
7,875
7,101
34,422
7,875
7,101
29,211
7,771
5,050
49,398
49,398
42,032
13

ERDIN
PAROCHIAL CHURCH COUNCIL
NOTES TO THE ACCOUN
ConL
FOR THE YEAR ENDED 31 DECEMBER 2018
TE
THE
in
INCOMING RESOURCES CONTINUED
OTHER VOWf4TARY INCOMING RESOURCES
Unrestricted
Funds
Restricted Endowment
Funtls
Funds
Totsl
2023
Total
2022
Donations
Special
Government Grants
7,022
7,022
16,648
5,527
7.374
16.648
7,022
16,648
23,670
12.901
INCOME FROM OPERATING ACTIVITES TO FURTHER THE COUNCIL'S OB)E￿IVES
Unrestricted
Fund5
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Café taking5
Church Centre letting5
pcc fees
Traidcraft
20,522
82,629
2.008
20,522
82,629
2.008
45,184
59.291
96
105,159
105.159
108.251
INTEREST RECEIVED
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
202
Total
2022
General funds
Machin fund
4,465
4,465
125
689
112
125
4,465
125
4.590
801
14

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIA5TI(AL PARISH OF
ST. BARNABAS ERDINGTON
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNTS
Continued
INCOMING RESOURCESCONTINUED
OTHER ORDINARY INCOMING RESOURCES
Unrestricted
Funds
Restritted Endowment
Funds
Funds
Total
2023
Total
2022
Rent
Curate Housing Contribution
Insurance Claim
Sundry Income
6,100
7,500
6,100
7.500
6,100
7,500
2,139
962
9G2
14,562
14,562
15,741
INVE5TMETrif INCOME
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
General funds
Machin fund
specific funds
80,951
80,951
10,359
1,963
84,875
10,301
1,965
10,359
564
1,399
80,951
10,923
1,399
93,273
97,141
RESOURCES EXPENDED
GRANTS
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2022
2023
Subscriptions & donations
1,399
1,399
1,391
1,399
1.399
1,391
15

THE PAR
HIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
ST. BARNABAS ERDINGTON
FOR TYE YEAR ENDED 31 DECEMBER 2023
NOTE5 TO THE ACCOUNTS
Conttnued
RESOURCES EXPENDED CONTINUED
ACTIVITES DIREcfLY RELATING TO THE WORK OF THE CHURCH
Unrestricted
Restricted Endowment
Funds £
Funds £
Fund5 £
68,302
7,800
27.270
2,641
3,822
Total
2023 £
68.302
7.800
27.270
2,641
3,822
Total
2022£
68,302
6,965
27.765
1,716
6,126
Diocesan parish share
Insurance
Heating & lighting
Water rates
Alarm & security
Repairs, Maintenance & Running
Costs:
Church fabrit & centre
Clergy house
Churchyard
Cleaning
Telephone & Broadband
Clergy expenses
Organist & musicians
Traidcraft
Room Hire
Cafe costs
Café wages & national
insurance
church Centre costs:
Church Centre salaries
& national insurance
Church running costs
Churchyard DeevelopTnent Cost
Community Hub
Bad Debts
35,713
2,652
3,360
3,199
7,606
378
2,170
35.713
2.652
3,360
3,199
7,606
378
2.170
38,040
6,665
504
3,006
8,773
795
1,025
7,365
11.331
7.365
11.331
76
21,713
45,816
45.816
47,277
92,890
8,695
176
962
60
92,892
8,695
176
13,186
60
90,806
13,471
17,736
12.224
332,208
12224
344,432
360,762
CHURCH MANAGEMENT & ADMINISTRATION
Unreslricted
Restricted
Fund5 £
Funds£
Endowment
Funds E
Total
2023 £
Total
2022 £
PriTrting stationery &
office expenses
Bank charge5
Credit card charges
Website
Professional charges
Depreciation
2,372
504
502
568
3,960
5,929
2,372
504
502
568
3,960
5.929
1,435
747
784
409
6,967
5,134
13,835
13,835
15,476.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLE51ASTICAL PARISH OF
ST. BARNABAS ERDINGTON
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE Accou￿
Continued
4. FIXED ASSEfs FOR USE BYTHE PCC
16
Total
Land &
Buildin
Plant&
At l January 2023
Additions
Disposals
At 31 December 2023
271.540
2,204
240,082
31,458
2,204
DEPRECIATION
At I january 2023
Charge for the year
Relating to disposals
At 31 December 2022
20,919
5,929
20,919
5,929
NET BOOKVALUE
At 31 December 2023
46
Cornparative information in respect of the proceedings perlod Is as follow5:
Total
Land &
Buildin
Plant &
tment
ui
At l January 2022
Additions
Disposa15
At 31 December 2022
268,405
3,135
240,082
28,323
3.135
At I january 2022
Charge for the year
Disposals
At 31 December 2022
15,784
5.135
15.784
5,135
91
NEf BOOK VALUE
At 31 December 2022
17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
T. BARNABAS ERDINGTON
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNTS
Continu
INVESTMENT ASSET
2023
2022
Market value at l January 2023
Sales proceeds from di5P05als
Gainslllossl in the year- realised
unrealised
2.204.182
1220,0001
22,809
2.497.540
293 358
Market value at 31 December 2023
204
5. DEBTORS
Trade debtors
Prepayments & accrued income
Other debtor5
14.769
7,263
7,366
6.414
4.328
8.630
29,398
19,372
6. CREDITORS
2023
2022
Trade creditors
Accruals & deferred incame
Amount5 due to Third Parties
Other taxes and social security costs
11.462
10,907
1,325
153
7,055
9,917
400
1,701
23.847
19,073
18

THE PAROCHIAL CHURCH COUNCILOFTHE ECCLESIASTICAL PAR15H OF
ST. BARNABAS ERDINGTON
R THE YEAR ENDED31 DECEMBER 2023
NOTE5 TO THE ACCOUNT5
Continued
7. UNRESTRICTED FUNDS
2023
2022
Balance as at l January
Interest
Investment Income
43.500
1.987
247,190
676
55,365
257,716
Gain/lLossl on investrnent
realised
unrealised
Transfer fromlltol designated fund
Transfer fromlltol restricted fund
Net incomingloutgoingl resources for the year
14,460
3,262
211,979
11,616
1163.03SI
120.5061
116,2941
13,1311
950
1175,2361
Balance a5 at 31 December
133,647
43.500
DESIGNATED FUNDS
Rebuilding
Fund
2023
Rebuilding
Fund
2022
Balance at l January
Interest
Investment income
2,072,366
33
71637
2,144,036
22,809
1108,8761
1220,0001
2,198,231
13
75.598
2,273,842
Gainlllossl on investment- Realised
Unre31ised
1201,4771
Transfer to General Fund
Expenditure
8alan¢e at 31 December
1,837,969
2.072,366
2023
2022
Small Deglnated funds
Community Hub Fund
Youth Fund
Flower Fund
Youth Alpha Fund
Special Prolects
2,129
2,000
35
59
I,W5
2,OC(J
178
6213
Total - De51gnated
2 075 557
19

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
sr. BARNABAS ERDINGTON
FQR THE YEAR ENDED 31 DECEMBER 2023
THE ACCOUNTS
Contlnue
RESTRICTED FUNDS- BEQUESTS
Invested
Market
Value
31.12.2023
Income
Donation to
Diocesan
nd Fund
Total
sti
Grave maintenance
Dean
57
Pearl
95
- Swindell
659
416
-Turner
217
Vlncent
128
Sunday School outingslparties
Hailston
693
15
15
Memorlal tablet malntènance
Rolla50A
83
Grave malntenance & gèneral
use
ioi
2.758
75
75
Robblns
- Tilley
5.493
150
150
Family 8r8ve maintenance
Wilkins
2￿
4,883
133
133
Grave maintÈnance & thoir
outings
- leacock
750
474
io
io
Evangelical tra5ning
Fowler
100
5,855
160
160
Total Restricted Bequests
21,106
565
565
Restricted Funds- Endowment
Erbdowment augmentatlon
- Swindell
51,178
1.399
11,3991
565
Transfer to general fund

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
ST. BARNABAS ERDINGTON
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACC
UNTS
Continued
Comparative information in respect of the prgceeding period is as follow5:
RESTRI￿ED FUNDS-
BEQUESTS CONTINUED
Invested
Market
Value
31.12.2022
Income
Donation
to
Diocesan
Sti
end
Fund
Total
Grave m3intenan£e
Dean
54
Pearl
148
90
Swindell
659
394
li
li
Turner
206
- Vincènt
128
78
Sunday School outingslparties
Hailston
1,083
656
19
19
Memorial tablet malntenance
Grave maintenance & gener31
use
Rollason
129
78
Robbins
2,521
75
75
rilley
250
5,021
149
149
Family grave m3intenan£e
Grave maintènance & choir
outings
Evangelical tr3ining
Wilklns
2CQ
4,463
133
133
Jea¢ock
750
449
13
13
Fowler
100
5.351
159
159
Totsl Restricted Bequest5
3.980
19,361
574
574
Restrirted Funds- Endowment
Endowment augmentatlon
Swindell
1,000
46.777
1.391
11,3911
Transfer to general fund
574
21

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
ST. BARNABAS ERDINGTON
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNTS
Continued
io.
RESTRicfED FUND- OTHER
Machin Fund
2023
Machin Fund
2022
Balance at l January
Investment income
Interest
Gain/llosslon Investment- realised
-unrèalised
351,062
10,358
125
409,111
10.301
32.587
146,2131
394,132
1110001
373,311
{21,3001
949
Expenditure
Transfer to General Fund
Balance at 31 December
Small Restricted Fund5
Community Hub
Parsonage Decoratlon Scheme
4,425
959
Total Restrlctred Fund
The Machin fund Is a restricted fund and used for Evangelical causes children's work.
417 200
The Community Hub is a restricted fund to support the community in activities that provide a safe
place for all people to grow personallyi Wlth other5 in faith, for the people and place of Erdington.
The Parsonage Decoration Scheme is a restricted fund to 5uppprt repairs and decorating Costs of the
vicarage
ii.
ANALYSIS OF NEf ASSEfs BY FUND
Unrestricted
Funds
Desi
nated
Funds
Restrirted En
Funds
wmen
2023
Fixed a55ets for Church use
Investment fixed a55etS
Current assets
Current liabilities
6.814
293.731
1137,6661
123,8471
240,082
1.209.6
394.499
246,896
1,954,568
260,012
123,8471
4DJ,059
3,179
51,178
Fund balance
139,032
1.844.181
403,238
51,178
2,437,629

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
ST. BARNABAS ERDINGTON
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNTS
Continued
Comparative information in respect of the proceeding period is as follows-
Unrestricted
Funds
Desl nated
Funds
Restrirted
Funds
ndowmen
Funds
2023
2022
Fixed assets for Church use
Investmeni fixed assets
Current assets
Current liabilities
10,540
276,010
1223,9771
119,0731
240,082
1,515.667
319.808
250,622
2,204,181
100,527
119,0731
365,727
4,696
46.777
Fund balance
43,500
2,075,557
370,423
46,777
2,536,257
12.
INDEPENDENT EXAMINERS REMUNERATION
The independent examiners femuneration amounts to £2.40012022 £2,3501.
13.
TRUSTEES, AND KEY MANAGEMENT PERSONNEL REMUNERATION AND EXPENSES
The reimbursement of trustees, expenses was a5 follow5:
2023
Number
2022
Number
2023
2022
Travel
39
102
39
102
Included in above are £Nil12022 £Nill which have been paid directly to third parties.
Barbara Ubah is the only Trustee in receipt of a remuneration and during 2023 her salary has been
£2.19512022- £11,160) and the employers pension contribution was £2412022 - £1571. The cafe closed
in 2023 and Barbara Ubah was made redundant on 10.06.2023. her redundancy pay was £1,302. She
was employed part-time and her role was that of Café Supervisor.
23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
ST. BARNABAS ERDINGTON
OR THE YEAR ENDED 31 DECEMBER 2023
NOTES TO THE ACCOUNTS
Continued
14.
STAFF cosrs AND EMPLOYEE BENEFtrs
The average monthly number of employee5 employed during the year for charitable artivities is
1012022- 111.
The total staff costs and employee benefits were as follow5:
2023
2022
Wages and Salarles
Redundancy
social SecLtrity
Defined Pension Cost
130,465
4,248
3.121
2,349
140.183
132,866
2,978
2.239
138,014
No employees received total employee benefits (excluding employer pension costs) of more
than £60,000.
15.
RELATED PARTY TRANSAcnoNS
There are no related party transattions durlng the period12022 £Nill.
24