## ## |Contents||||Pages| |---|---|---|---|---| |Trustees report||||1-3| |Independent|examiner's
report|||| |Statement offinancial
activities||||| |Balance sheet||||| |Notes to the|accounts:|||| ||1.|Accounting
policies||| ||2.|Income||| ||3.|Expenditure||| ||4.|Salaries and wages cost||10| ||5.|Payments
to members|ofthe PCC|10| ||6.|Fixed assets for the use by the PCC||10| ||7.|Fixed asset investments||| ||8.|Analysis ofnet assets|by fund type|| ||9.|Analysis offunds||12| |Principal|Correspondent|Correspondent|PCC Treasurer
- Stuart Hoddinott
The Old Vicarage,
Embleton,
Cockermouth|CA13 9XL|||| |---|---|---|---|---|---|---|---| ||||The PCC is registered
with the Charity Commission
as||The|Parochial|| ||||Church
Council of the Ecclesiastical
Parish|of the Cockermouth|||Area| ||||Team. Reg No. 1134138on 5& February 2010.||||| |Chair|||Revd Canon Jane Charman||||| |Secretary|||Kris Longshaw||||| |Treasurer|||Stuart Hoddinott||||| |Churchwardens|||All Saints': Stuart Hoddinott,
Joan ingrams,|Kris Longshaw,||Mary Todd|| ||||Christ Church, Cockermouth:
Richard Cooke, Roger Pritchett||||| ||||Christ Church, Great Broughton:
Peta Leigh, Norman||Marshall||| ||||St. Bridget's,
Bridekirk:
Richard Green,
David Johnson||||| |DCC Representatives|||AB Saints'.
None
Christ Church,
Cockermouth:
Gareth
Browning,
Bill Soulsby||||| ||||Christ Church, Great Broughton:
Ann Jefferson||||| ||||St. Bridget's,
Bridekirk:
Rod Coy||||| |District Churches|||All Saints' DCC, Cockermouth||||| ||||Christ Church
DCC, Cockermouth||||| ||||Christ Church
DCC, Great Broughton||||| ||||St. Bridget's
DCC, Bridekirk||||| |Advisors:|Bank||National
Westminster
Bank Plc||||| ||||31 Pow Street, Workington
CA14 3WY||||| |Independent||Examiner:|Gibbons,
Chartered
Accountants,
2 Europe|Way, Cockermouth,|||Cumbria,| ||||CA13 ORJ||||| |Signed on|behalf of the PCC:||J~~||||| ||||Rev Canon Jane Charman
lPCC Chairman)||||| ## ## ## ## ## ## ## ||||||Note|Unrestricted|Restricted|Endowment|Total|Total| |---|---|---|---|---|---|---|---|---|---|---| |||||||funds|funds|Funds|2022|2021| |||||||6|8|6|6|5| |Income and endowments|||from:|||||||| |Donations
and legacies|||||2a|183,637|15,378||199,015|208,700| |Other trading
acfivi6es|||||2b|22,196|0||22,196|12,310| |Imiestmenl
income|||||2c|1,286|660||1,946|1,445| |Income from ihar8able||activities|||2|12,018|77||12,095|11,878| |Oner income|||||2e|3,020|6,971||9,991|31,777| |Total income||||||222 157|23086|0|245 243|266,110| |Expenditure
on:||||||||||| |Church ecdvlties|||||3e|211,515|18,024||229,539|227,273| |Raising funds|||||3b|31|0||31|743| |Other expenditure|||||3c|5,147|40||5,187|9,838| |Governance
coals|||||3d|2,508|0||2,508|2,458| |Total expenditure||||||219,201|18,064|0|237,265|240,312| |Nel gsinslgosses)|on investmenls|||Iassets|||(643)||(643)|1,053| |Net Incomef(expenditure)||||||2,956|4,379|0|7,335|26,851| |Gross transfers
between||funds||||52,664|(52,664)|||| |Omar recognised|gains end lasses|||||||||| |Net movement
in funds||||||55,620|(4I,285)||7,335|26,851| |Reconcaletlon
of|funds|||||||||| |Total funds brought|forward|||||213,128|244,601|16,077|473,806|446,955| |Funds transferred
from||CCGB||||||||| |Total funds cerned|forward|||||268 748|196318|16077|4II 141|473,806| ## ## |||||Unrestdicted|Restricted|Endowment|Total|Tots I| |---|---|---|---|---|---|---|---|---| ||||Note|funds|funds|Funds|2022|2021| |||||6|E|8|E|6| |Fixed assets||||||||| |Tangible assets
Inveslmant
assets||||88,653
0|0
6413
6,413|0
14377
14,377|88,653
20790
109,443|70,488
21,433
91,900| |Current assets
Stocks
Debtors
Cash at bank and
in hand||||0
7,944
174682
182,626|0
4,015
185 166
189,181|0
0
'I 7NI
I 700|0
11,959
361 548
373507|0
16,763
383188
399952| |Creditors: Amounts|falling due wlihln one year|||(2,531)|722|0|(1,809)|(6,740)| |Net current assets||||180,095|189,903|1 700|371698|393,211| |Creditors: Amounts|falling due in more than one year|||||||(11,306)| |Net assets||||268,748|196 316|18077|481,141|473,806| |Funds ofthe Chanty:||||||||| |Unrestricted
Income Funds
General
Fund||||182,273||0|182273|122,835| |Designated
Funds||||86475
268,749||0
0|86475
268,745|90,293
213,129| |Restricted Income Funds||||0|196,316|0|196,316|244 600| |Permanent
Endowment||Funds||||16,077|16,077|16,077| |Totalfunds||||68748|196316|16077|481 141|473 806| ## |Seals at preparation|Seals at preparation|Seals at preparation|||| |---|---|---|---|---|---| |The finanoal statements
have been prepared
In accordenra
vdth the chsdty's
governing
document,
Ihe Chsrltiss Acl 201I,FRS102 "Ihe Financial|||Reporsng Slandatd||| |applicable
in Ihe unded
Kingdom end Rspubib of IrelaIKF (FRB102)snd the chanties soRp "Accounting
end RspoNng|by charilies
statemenl ef Recommended
practice||||| |applicable to charibes pmpsrlng
their amounts
m accordance mlh the Fslsncml RepoNng standard
applicable
in Ihs UK and Republic of Ireland (FRs 102)"|||||| |(etfemive I January 2019) The chesty lss Public Benefd Entity as defined
by FRS 102.|||||| |The charily hss laken advantage
ofths provistons
in Ihe SORP for charkles
not to prepare a Ststemenl of Cash Flows|||||| |The finanoal statements
have bean prepared
under ths historical cost convention
except for Ihe valuabon
ofinvestment|assets wtvch am shown st market value||||| |The accounts induds
all Iransanwne,
eeeels end liabilities for which the pCC ere responsibb
n lsw. They do not rndude|accounts ofchurch groups that owe Iheir simaaon||||| |to another
body, nor those Ihst ere informal gatherings
ofchurch members|||||| |Going concern|||||| |At the erne of approving
Ihe linandsl
stetemente,
the trustees
have a reasonable
expectation
that the chanty has adequale
resources lo continue||in operabonsl|||existence for| |Ihe foreseeabls fulum. Thus the Irusteee continue to adopt the going concern basis of accounkng
in pupanng
the finannal
statemsnla|||||| |Fund Accounting|||||| |Endowment
Funds ere funds the capital ofwhich must be retained either permanently
or at Ihe PCC's
discretiari
The|Income dsdved
from the eildowmeillis|||lobe used|| |either as reskimed
or unrestricted
income funds depending
upon
the purpose for which Ihe endowment
was eslabkshed|in the hrsl pince||||| |Unreslrimed
funds are income funds which are to be spent on the pCC's general purposes.|||||| |Incoming resources|||||| |Olfenngs
and donations
are recognised when received
Income tax recoverable
an Gilt Aid Income is Iacogiiised ellen ths gift is rscuved
Divmends
and inlsmsl lira|||||| |rmognised
when details are provided.|||||| |Grants and legacies are acoounted
far as soon as the pcc is nofiTnd ofits entelement
and the amount due.
Rani of buiklings
orthe lslbng of rooms for purpowis
within|||||| |the objems ofIhe church is recognised as charitable
trading
income when the sum is due
Realised gens orlosses on investments
era recognised|||when Ihe irwestment||| |n sold. Unrealeed
gains end losses ars accounted for on revaluation
at 31 December.|||||| |Resoumes expanded|||||| |Gents end donations
ars accounted forwhen paid over, orwhen swarded,
ifthat award creates a bindng or constructive|oblgation on Ihe PCC.|The diocesan|||psnsh| |offsnng expected to bs paid over is accounted for when due.|||||| |All other expenditure
is generally recognised when
il is incurred
snd is accounted for gross.|||||| |Fixed Austria|||||| |Consecrated
benefice propwly
is not indudsd
in Ihe accounts
in accordance with section 10(2)(a)and (c)ofIhe ChaNies|Act 201I
All expenditure||incurred
dumg Ihe||| |year on such properhr
is shown h Ihe accounts ss expenditure
incurred
withm the year.|||||| |No value is placed on ths movable
chumh
furnishings
hekf by the churchwmdens
on special trust for the PCC and which|requlm s Iecuky fordisposal since Ihe|||pcc considers|| |Ibis lo bs Inalienable
property.
Ak expenditure
innared
during the year on moveable
church fumishngs
is shown es expenditure
Incurred
wkhin the|||year.||| |Other fixtures, IINngs
and equipmsnt
purchased
for the functional
use ofthe PCC where the original coalcrths aggregate
original cost of e group
ofeasel exceeds 21,000is tmetsd es s fixed asset
Depreuation
is cemulated
at 20per cent cfIhe onginal value of sll such acme.||of items ofthe|||same type| |Cuwent assets and liabilities|||||| |Any pre-payments
Induded
in the accounts and any amounts
due to the PCC at Sl December in respect offans, rents ard other Income ere shawn|||in the accounts as debtom.||| |Amounts
relating toths year which have nol been paid by 31 December such ss trade invoices and
nvnislry expenses are brought
Into Ihe accounts|||as a liablity.||| ## ## |2.|Income and Endowments|from:||||||||| |---|---|---|---|---|---|---|---|---|---|---| ||||2022|2022||2922|2022||2021|| ||||unrestricted
Funds|Rsstricted|Funds|EndowmentFunds|Total|Funds|Total|Funds| ||||6|E||E||E||5| |2e|Donations
and Legacies|||||||||| ||Planned
giving.|||||||||| ||Gia Aid donations||99,411||5,498||104,909||117,697|| ||Tsx recoverehle||33,458||52|||33,510||28,091| ||Other||13,287||717|||14,004||12,937| ||Cogections (open phtel||11,774|||||11,774||10,021| ||Gift days (inctex)||4,122|||||4,122||3,353| ||Donations, appeals|etc (Ind Tsx )|8,708||2,380|||11,088||8,695| ||Legacies||||2,000|||2,000||14,348| ||Letting Lives Dons5ons||||4,731|||4,731||| ||Other||12,877|||||12,877||13,557| ||||183637|15.378|||~tee 015||208 700|| |28|Other Trading Activities|||||||||| ||General fundraising||3.059|||||3,059||1,773| ||Church end Rooms|leltlngs|19,137|||||19,137||10,517| ||Other (incl. Fees for dishurssment)|||||||||| ||||22 196|||||22 196|~12310|| |2c|Investrnenlincorne|||||||||| ||Dmdends
and interest||1,286|||||||1,445| ||||~t 286|||||i 94S||1 445| |2d|Income from church activities|||||||||| ||Wedding
snd funeral fees||11,895||50|||11,945||11,840| ||Omar||123||27|||150||38| ||||12018||77|||I 095||11878| |2e|Olherincoms|||||||||| ||Granls||250||5,743|||5,993|11,000|| ||Refund ofVAT||103||1,228|||1,331||414| ||Coronsnrus
Grant|3uppml|2,667|||||2,667|17,303|| ||Lotlrlng
Lhms Gmnl|||||||||3,060| ||||3,020||6,971|||9,991|~31 77T|| ||Total Incoming resources||222,157|23,086|||245,243||266,110|| |3.|Expenditure|on:|||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||2»2|2022||2022||2022||2021|| ||||||||||Unrestricted
Funds|Restricted|Funds|Endcwiiieiit|Fuilde|Total|Funile|Total|Funds| |3a|Church acgvtltes||||||||f.||8|8|||f.||8| ||||Missionary
and||chamable|||giving|||||||||| ||||Church ovsmees||||||||||||||| |||||Missionary||||Socieaes|3,180||||||3,180||2,820| ||||Relief6development|||||egencns|6,700||150||||6,850||6,696| ||||Horne|missiulslolhef||||church|100||650||||750||920| |||||||Secuhr||societies|70||||||70||950| ||||||||||10,050||800|||10,850||11,385|| ||||Muistry
Parish|||Offer|||108,885|||||108,885||109,932|| ||||Cieqly expenses||||||8,749||||||8,749||5,872| ||||Church
running||expenses||||25,084|||||26,048||20,924|| ||||Church muntenance||||Iequipment||I3,668|||||13,868|||7,963| ||||Upkeep of services||||||5,309||||||5,309||6,»7| ||||youth yyon||||||209||564||||773||1,516| ||||Upkeep of churchyard||||||959|2,537|||||3,496||1,301| ||||Otilniimh||||||2,3tH||288||||2,589||1,516| ||||Mapr repairs|Imsta9akons|||||7,371||||||7,371||3,552| ||||Support Service:|||Books, Training supplies|||||||||||58| ||||Church Rooiiis iuiinirig costs||||||5,082||||||5,082||3,476| ||||Rooms maintenance||||||»3||||||999|16,362|| ||||Equipmsnt
depredation||||||1,818|I|564||||3,382||2,802| ||||Management|IAdmnistrakori|||||148||||||148||| ||||Interest on Decease||||Loan||( 39)||||||(»)||364| ||||Fees paid||||||17»9||||||1,009||4,739| ||||Adminislratioil||||||16,621|8,511||||25,132||24,219|| ||||photocoming||||||1,090||||||1,090||89| ||||Other||||||266|2,796|||||3,062||471| ||||Pansh Oflice|mnilri9|||costs||1,936||||||1,938||3,746| ||||||||||211,515|18,024||||229,539||227,273|| |sb|Itslslng funds||||||||||||||||| ||||Expenses||||||31||||||31||636| ||||Magarine mats||||||||||||||107| ||||||||||||||||||743| |3c|Olherexpendlture||||||||||||||||| ||||Omar||||||5,147||||||5,187||9,838| ||||||||||5,147||40||||||e,eaa| |3d|Governance||Costs||||||||||||||| ||||Legal Fees||||||2,508||||||2,5CB||2,458| ||||||||||2,508||||||2,508||2,458| ||Total|expendhure|||||||219,201|18,064||||237,265||240,312|| ## ## |2022|2021| |---|---| |f|8| |21,909|20,316| ## ## ## ## |Fixed As|sets f|or use by|the PCC|||||| |---|---|---|---|---|---|---|---|---| ||||||Freehold|Lend||| |Tangible|Fixed|Assets|||a Buildings||Equipment|Total| ||||||6||6|6| |||Gross BookValue||||||| |||As At|01 January|2022|||103,942|103,942| ||||Additions||||21,568|21,568| |||As At 31|December|2022|||125,510|~125510| ||||Depmciation|||||| |||As At|01 January|2022|||33,474|33,474| |||Charge for the year|||||3,382|3,382| |||As At 31|December|2022|||36,856|36,856| ||||Net Book Value|||||| |||As At 31|December|2022|||88,654|88654| |||As At 31|December|2021|||70468|~70 468| ## |sset Investment|| |---|---| ||2022| ||K| |Market Value at 01 January 2022|21,433| |Net gains/losses
on revaluation|(643)| |Market Value at 31 December 2022|| ## ||||Unrestricted|Designated|Restdcted|Endowment|Total| |---|---|---|---|---|---|---|---| ||||Funds|Funds|Funds|Funds|Funds| ||||8|8|8|6|f| |Tangible|Assets||84,495|4,158|0|0|88,653| |Investment||Assets|0|0|6,413|14,377|20,790| |Current|Assets||100,311|82,315|189,181|1,700|373,507| |Current|Liabilities||(2,531)|0|722|0|(1,809)| |Long term||Liabilities|0|0|0|0|0| |Total as|at|31 December 2022|182275|86473|196,316|16077|481 141| ## ||||Balance at 1
January
2022|Balance at 1
January
2022|Incoming
resources|Resources
expended|Transfers||Balance
December|at 31
2022| |---|---|---|---|---|---|---|---|---|---|---| ||||5||6|5|||6|| |Unrestricted
funds||||||||||| |Unrestricted
general funds||||||||||| |All Saints|||(11,597)||42,531|(54,344)|55,333|||32,923| |Christ Church Cockermouth|||104,151||103,209|(101,082)|(721)|||105,557| |Christ Church Great|Broughton|||31,309|31,736|(23,603)|(3,101)|||36,341| |PCC|||(10,931)||12,011|(4,866)||||(3,786)| |St Bridgets||||9,905|31,456|(30,121)||||11,240| |Total General Funds|||122,836||220,943|(214,016)|52,511|||182,274| |Unrestricted
Designated funds||||||||||| |Ag Saints||||0|0|0||0||0| |Christ Church Cockermouth||||6,613|967|(946)||0||6,634| |Christ Church Great|Broughton|||1,920|0|(153)||153||1,920| |PCC||||811|0|0||0||811| |St Bridgets||||80,948|247|(4,086)||0||77,109| |Total Designated
Funds||||90,292|1,214|(5,185)||153||86,474| |Total Unrestricted|funds||213,128||222,157|219,201|52,664|||268 748| |Restricted funds||||||||||| |Ag Saints|||198,591||14,861|(8,891)|(56,333)|||148,228| |Christ Church Cockermouth||||2,112|588|(1,369)|721|||2,052| |Christ Church Great|Broughton|||22,902|917|(1,326)|2,948|||25,441| |PCC||||7,756|1,827|(816)||0||8,767| |St Bridgets||||13,239|4,893|(6,305)||0||11,827| |Total restricted funds|||244,601||23,086|18,707|52664|||196 316| |Permanent
Endowment||||||||||| |Ag Saints||||1,491||||||1,491| |Chnst Church Cockermoulh||||0||||||0| |Christ Church Gmat|Broughton|||0||||||0| |PCC||||0||||||0| |St Bridgets||||14,586||||||14,586| |Total Permanent
Endowment||funds||16077|0|0||0||16077| |Total funds|||473806||245243|(237908||||481 141|