**REGISTERED CHARITY NUMBER: 1134165**
## Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31st December 2023
for The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
Hammond & Co 74 Blandford Road Corfe Mullen Wimborne Dorset BH21 3HQ
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
Contents of the Financial Statements for the Year Ended 31st December 2023
||Page|
|---|---|
|Report of the Trustees|1 to 7|
|Independent Examiner's Report|8|
|Statement of Financial Activities|9|
|Balance Sheet|10|
|Notes to the Financial Statements|11 to 28|
|Detailed Statement of Financial Activities|29 to 31|
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Report of the Trustees
## for the Year Ended 31st December 2023
The trustees present their report with the financial statements of the charity for the year ended 31st December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
When planning our activities for the year, the clergy and the PCC have considered the Charity Commission's guidance on public benefit and in particular the specific guidance for charities for the advancement of faith.
In particular we try to enable ordinary people to live out their faith as part of our parish community through:
- Worship and prayer; learning about the Christian faith; growing in living out the faith in their lives;
- Provision of pastoral care for people living in the parish;
- * Mission and outreach work.
To facilitate this work it is important we maintain the fabric of St Hubert Church and St Nicholas Church Centre. We have a Vision Statement to guide us and help and guide our action:
## **Growing Together: Towards God, Each Other and Community**
Page 1
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
for the Year Ended 31st December 2023
## Report of the Trustees
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
This year has been an encouraging year with growing attendance at our church services and growth in the use and variety of activities in our Church centre. Two new Lay Ministers have been licensed, Life Groups have continued and been well attended and we have run an Alpha course. We ran our first Women's conference which attracted Christian women from the area of all ages who found the day an encouragement and help in their faith journey.
Having installed solar PV panels at the end of last year, this year we have reaped the benefit of them, reducing our carbon footprint and electrical expenses in addition to generating income by selling excess electricity back to the grid.
Safeguarding is taken seriously and is the responsibility of the whole church. We currently use the Salisbury Diocese safeguarding Microsite and the Parish Safeguarding Dashboard. These help us comply with the latest Safeguarding requirements. Safeguarding is on every PCC agenda.
The electoral role this year was 107
## **Deanery and Diocesan Synod**
Two members of the elected PCC sit on the Wimborne deanery Synod and the Rector is also on the Diocesan Synod, thus providing a link between the parish and the wider structures of the church.
## **Pastoral care**
During the year our pastoral team have continued support those who need and request support in the parish. Home communion has been taken to those who request it.
Our volunteers provided a Community Lunch once a week and this has been attended by about 40 people each week. We have also run a community café on a Saturday morning. Both these activities are open to all seeking to find community and friendship. This year we have also participated in the Warm Spaces initiative again - providing a warm space twice a week that people can drop into.
Our small bereavement group has seen new people coming along both for shorter and longer periods for support.
## **Mission and outreach**
A part time Children and Families Lead enables us to support local families by leading and equipping a group of volunteers for this work. This includes a parent and toddler group, an outdoors, monthly church for families and work in two of our local schools. Activities in school holidays have included an Easter Craft Fair and a successful Holiday Cub which ran during the mornings of the first week of the summer school holidays with a hot lunch served at the end of the morning. 54 children participated. At Christmas we engaged the Saltmine Theatre Company to put on a Christmas Show for local families which was very much appreciated by the community.
In partnership with our local funeral director we provided an opportunity for those in the surrounding areas to come together and remember the loved ones of those who have died during this year, with an act of remembering and service and tea.
Page 2
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Report of the Trustees
for the Year Ended 31st December 2023
Corfe Mullen Foodbank continues to operate from St Nicholas and this year celebrated it's 10th anniversary giving 347 foodbags supporting 759 adults and 747 children (in total 1506 people).
## **Community**
Many local groups and clubs continue to hire space in the St Nicholas Centre which provides a good community facility to host a wide range of activities. We also provide a dedicated space for a full time day nursery. We support wider community activities such as 'Win on waste' and community litter pickers who use the building monthly. Our premises and facilities are well used for local concerts including our ancient church St Hubert.
Our Rector is a trustee of Prama Life and Lewis Manning Hospice Care. As a church we support three charities: homeless charity Route to Roots, the Bible Society and the Sudan Medical Link.
Page 3
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Report of the Trustees
## for the Year Ended 31st December 2023
## **FINANCIAL REVIEW**
## **Financial position**
Donations and planned giving income (including Gift Aid) for the church this year was £109,497, (2022: £80,290) an increase of 36%, which was encouraging to see.
In addition, the PCC received grants of £22,845 (2022: £37,424). Legacy income was £11,000 (2022: £100). Gift aid received was £3,544 for the year (2022: £4,942).
Income from charitable activities was £8,478 for the year (2022: £10,479) and income from room hire was £55,549 (2022: £50,078), an increase of 11% on the previous year.
Total expenditure in the year decreased from £239,984 in 2022 to £206,065, a decrease of 11% from the previous year. Charitable expenses contributed to most of the expenditure in the year, being £132,420 for the year (2022: £182,709). The higher expenditure figure for 2022 was due largely to maintenance costs of £101,239 for the previous year.
The PCC as a whole made a surplus in the year of £21,575 (2022: deficit of £48,924). The main Church fund and other designated funds were in surplus to the amount of £12,034 (2022: £13,012).
The PCC has agreed that we should work towards the aim of the churches being financially self-reliant for day-to-day expenditure and not be reliant on room-hire income from the church Centre for this. This would then enable income generated from the Centre to be put towards investing in the ongoing upkeep of our church buildings as well as expanding our mission and ministry. In working towards this goal, the good news is that we have continued to narrowed the gap between the church's expenses and income this year and last when compared to previous years.
## **The churches**
This section of the report focuses specifically on our main sources of income, namely that received from the regular giving of congregation members plus the income from rents from the use of the St Nicholas centre by all the various groups that use the facility through the year.
The financial statements comprise many funds which are grouped according to their general purpose. They are categorised as follows:
- Church fund - this is the general fund for the day to day running of the parish
- Unrestricted (designated) funds - these are funds set up by parish for specific designated purposes
- Restricted and endowment funds - these are funds created by the donors for specific purposes
We will not be concerning ourselves with the restricted funds in this section.
It should be noted, there is a distinction between the funds for St Nicholas, St Hubert's and the Church fund. As stated above, the Church fund deals primarily with the day to day running of the parish. The St Nicholas fund deals mainly with income received from room hire and its associated costs, while the St Hubert's fund deals mainly with income generated by the letting out of the building and its surrounding grounds, as well as its associated costs.
Page 4
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Report of the Trustees
## for the Year Ended 31st December 2023
The total income from the parish in giving and donations (i.e., not including the income received by the St Nicholas Centre) for 2023 was £73,796 (2022: £68,773) which is an increase from the previous year of £5,023. This is encouraging and is a reflection of the growing numbers in our congregations and of course the generosity of the church family. However, expenses for the running of the parish during the year was £94,030 (2022: £82,045) which is £11,985 more than the previous year. This means that the parish expenses exceeded the income by £20,234.
The total income from the St Nicholas Centre was £57,417 (2022: £51,758) which is an increase from the previous year of £5,659 which, again, is encouraging. Expenses incurred from the running of the Centre was £26,436 (2022: £24,547) which is an increase from the previous year of £1,889. This means Centre income from room hire exceeded the expenses of running the Centre by £30,981.
Therefore, taking both parish and Centre operations together, the total income for this year was £131,213 (2022: £120,531) which is an increase on the previous year by £10,682 while total expenses were £120,466 (2022: £106,592) which is £13,874 more than the previous year. Overall, this left a positive position of £10,747, however it must be remembered that half the salary of the Worship Leader and the full salary of the Children and Families Worker are paid from grants and legacies and eventually these monies will run out. If we include the full salary of the Worship Leader and the Children and Families Worker in our overall income and outgoings figure then in fact we have a deficit of £8,318. This therefore gives an indication of how much income has to increase if we wanted over the long term to retain these posts.
Looking ahead, the PCC agreed that as far as possible we should aim that the giving and donation income from the parish should balance its own running costs so we are not so reliant on the room hire income from the St Nicholas Centre. This is to enable any surplus generated by the Centre to be invested in the ongoing upkeep and renovation of our church buildings as well as the wider mission and ministry of our churches.
There has been an increase in the amount given through planned giving and the Parish Giving Scheme and less is being received through envelopes and personal donations. This indicates that more people have decided to use the planned giving scheme as a way of giving to the church which is both helpful and beneficial to us in managing our finances.
Wages and salaries, utilities and share payment remain the key expenditure items for the parish which have all increased this year. All salary costs are included in the summary figures above, apart from the Worship Leader and the Children and Families Worker as the salary of the Children and Families Worker and half the salary of the Worship Leader is coming out of the Wilmore Fund and the other half from a legacy.
We have also had some major upgrades to the St Nicholas building. New doors have been installed at the entrance to the building to improve accessibility and the guttering has been replaced which was leaking. These have been funded in part by grant and legacy income. Without the legacies we wouldn't have been able to do these large one-off upgrades.
## **In closing**
Looking further ahead, the PCC agreed that the primary use of remaining legacy funds (and indeed any future legacy income) is to further the mission and ministry of the church within the local community as well as enabling us to fund major building upgrades, together with any grant income we receive. We are thankful to all who give to our churches and for the generous legacies left to us which we seek to steward wisely.
Page 5
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Report of the Trustees
## for the Year Ended 31st December 2023
To this end, over the last year the finance team has invested £303,000 in seven different easy access and long-term investment accounts to ensure careful stewardship and prudent management of our funds to achieve interest from our investments.
Once again, we are encouraged by the increase in our overall income over the year and very grateful to all who generously give.
## **Reserves policy**
The PCC aim to retain sufficient cash funds within the Church's bank accounts to provide adequate working capital to sustain the day to day operations of the Church. They will also ensure monies are put aside for the upkeep of the buildings and renewal of licences / insurance as required.
## **FUTURE PLANS**
The PCC has the responsibility of cooperating with the Priest in-charge in promoting in the ecclesiastical parish, the whole mission of the church; pastoral, evangelistic, social and ecumenical.
The PCC has responsibility for the buildings of St Hubert's Church, a Grade II* listed building on the A31, and St Nicholas Church complex, including the Wilmore Centre, in the main part of the village on the Wareham Road.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Charity constitution**
The PCC is a charity registered with the Charity Commissioners. (reg. no. 1134165)
## **Recruitment and appointment of new trustees**
The method of appointment of PCC members is set out in the Church Representation Rules. PCC members are the Trustees of the charity.
## **Decision making**
The PCC met eight times with high attendance rates throughout the year. A Standing Committee was appointed but only meet if necessary.
## **Risk management**
## **The PCC has a financial controls policy**
A budget is agreed annually and monitored throughout the year by the PCC.
Management accounts can be accessed remotely by the treasurer and the PCC. Quarterly reports are also given to the full PCC. The following people have authority to authorise expenditure for non-budgeted emergency expenses: Church Warden(s ) and Rector together can authorise expenditure up to £500. If a greater amount is needed the full Standing Committee has the authority to authorise up to £1,000.
Page 6
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
Report of the Trustees for the Year Ended 31st December 2023
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1134165
## **Principal address**
The Rectory 32 Wareham Road Corfe Mullen Dorset BH21 3LE
## **Trustees**
Rev J Burgess Ms C Christian Mr N M Wellington Ms A Warman Mr M Jackson Ms A Richmond (resigned 23.4.23) Ms C Bendinelli Mr T Hicks Mr P Eaton Dr A Duyvesteyn Rev C Burgess Ms D Hayward Ms H Burbidge (resigned 23.4.23) Mrs J Grover (appointed 23.4.23) Mr J Wyles (appointed 23.4.23)
## **Independent Examiner**
Hammond & Co 74 Blandford Road Corfe Mullen Wimborne Dorset BH21 3HQ
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................... Rev J Burgess - Trustee
Page 7
Independent Examiner's Report to the Trustees of The Parochial Church Council of the Ecclesiastical Parish
of Corfe Mullen
## **Independent examiner's report to the trustees of The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen**
I report to the charity trustees on my examination of the accounts of The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen (the Trust) for the year ended 31st December 2023.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all 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 Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; 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.
John Cordner
Hammond & Co 74 Blandford Road Corfe Mullen Wimborne Dorset BH21 3HQ
Date: .............................................
Page 8
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Statement of Financial Activities for the Year Ended 31st December 2023
|Unrestricted
funds
Notes
£
**INCOME AND**
**ENDOWMENTS FROM**
Donations and legacies
2
81,760
**Charitable activities**
Funerals
-
Weddings
-
Coffee shop
2,910
Other charitable activities
487
Other trading activities
3
55,284
Investment income
4
905
**Total**
141,346
**EXPENDITURE ON**
Raising funds
5
8,089
**Charitable activities**
6
Funerals
17
Weddings
166
Functions
1,450
Other charitable activities
82,483
Other
37,107
**Total**
129,312
**NET**
**INCOME/(EXPENDITURE)**
12,034
**RECONCILIATION OF**
**FUNDS**
Total funds brought
forward
91,120
**TOTAL FUNDS CARRIED**
**FORWARD**
103,154|Restricted
funds
£
65,126
4,016
227
-
838
265
7,522
77,994
57
234
-
896
46,042
27,789
75,018
2,976
380,514
383,490|Endowment
fund
£
-
-
-
-
-
-
8,300
8,300
603
15
-
47
1,070
-
1,735
6,565
251,273
257,838|31.12.23
Total
funds
£
146,886
4,016
227
2,910
1,325
55,549
16,727
227,640
8,749
266
166
2,393
129,595
64,896
206,065
21,575
722,907
744,482|31.12.22
Total
funds
£
122,756
4,734
520
2,301
2,924
50,078
7,747
191,060
8,544
350
189
1,484
180,686
48,731
239,984
(48,924)
771,831
722,907|
|---|---|---|---|---|
The notes form part of these financial statements
Page 9
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Balance Sheet 31st December 2023
|31.12.23
Unrestricted
Restricted
Endowment
Total
funds
funds
fund
funds
Notes
£
£
£
£
**FIXED ASSETS**
Tangible assets
11
249
34
230,000
230,283
**CURRENT ASSETS**
Debtors
12
2,449
-
4
2,453
Investments
13
-
82,262
-
82,262
Cash at bank and in hand
102,772
303,557
27,834
434,163
105,221
385,819
27,838
518,878
**CREDITORS**
Amounts falling due within
one year
14
(2,316)
(2,363)
-
(4,679)
**NET CURRENT ASSETS**
102,905
383,456
27,838
514,199
**TOTAL ASSETS LESS**
**CURRENT LIABILITIES**
103,154
383,490
257,838
744,482
**NET ASSETS**
103,154
383,490
257,838
744,482
**FUNDS**
16
Unrestricted funds
103,154
Restricted funds
383,490
Endowment funds
257,838
**TOTAL FUNDS**
744,482|31.12.22
Total
funds
£
231,104
3,635
66,000
836,624
906,259
(414,456)
491,803
722,907
722,907
91,120
380,514
251,273
722,907|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Rev J Burgess - Trustee
The notes form part of these financial statements
Page 10
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
Notes to the Financial Statements for the Year Ended 31st December 2023
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property Fixtures and fittings - 33% on cost Computer equipment - 33% on cost
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 11
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
## **1. ACCOUNTING POLICIES - continued**
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. DONATIONS AND LEGACIES**
|Donations
Gift aid
Legacies
Grants|31.12.23
£
109,497
3,544
11,000
22,845
146,886|31.12.22
£
80,290
4,942
100
37,424
122,756|
|---|---|---|
Grants received, included in the above, are as follows:
||31.12.23|31.12.22|
|---|---|---|
||£|£|
|Diocese of Salisbury|335|500|
|Corfe Mullen Town Council|150|601|
|Dorset Council|5,010|32,373|
|Dorset Community Foundation|-|3,200|
|Holiday Club|-|750|
|Benefact Trust|5,000|-|
|Dorset Association of Bell Restoration|500|-|
|Llewellyn Edward Trust|1,850|-|
|National Lottery|10,000|-|
||22,845|37,424|
|**OTHER TRADING ACTIVITIES**|||
||31.12.23|31.12.22|
||£|£|
|Fundraising events|466|-|
|Room hire income|55,083|50,078|
||55,549|50,078|
## **3. OTHER TRADING ACTIVITIES**
Page 12
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
|**4.**
**INVESTMENT INCOME**
Rents received
Deposit account interest
Curr asset inv income
**5.**
**RAISING FUNDS**
**Investment management costs**
Maintenance costs - Wilmore
**6.**
**CHARITABLE ACTIVITIES COSTS**
Funerals
Weddings
Functions
Other charitable activities|Direct
Costs (see
note 7)
£
266
166
2,393
76,495
79,320|31.12.23
£
8,121
2,344
6,262
16,727
31.12.23
£
603
Grant
funding of
activities
(see note
8)
£
-
-
-
53,100
53,100|31.12.22
£
7,487
260
-
7,747
31.12.22
£
900
Totals
£
266
166
2,393
129,595
132,420|
|---|---|---|---|
Page 13
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
## **7. DIRECT COSTS OF CHARITABLE ACTIVITIES**
|Staff costs
Bell ringers
Choir and Music
Clergy expenses
Function expenses
Funeral expenses
Licences
Repairs & maintenance
Resources for Church groups
Training
Upkeep of Services
Wedding expenses
**8.**
**GRANTS PAYABLE**
Other charitable activities
The total grants paid to institutions during the year was as
follows:
Diocese of Salisbury|31.12.23
£
6,625
32
27
1,416
2,393
266
1,210
53,052
-
-
14,133
166
79,320
31.12.23
£
53,100
31.12.23
£
53,100|31.12.22
£
6,031
250
19
2,506
1,484
350
1,086
101,239
388
250
16,293
189
130,085
31.12.22
£
52,624
31.12.22
£
52,624|
|---|---|---|
## **9. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st December 2023 nor for the year ended 31st December 2022.
## **Trustees' expenses**
During 2023, three trustees were reimbursed expenses totalling £1,916 in relation to clergy and general expenses.
During 2022, three trustees were reimbursed expenses totalling £2,344 in relation to clergy and general office expenses.
Page 14
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
|**10.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
Restricted
Endowment
funds
funds
fund
£
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
80,142
42,614
-
**Charitable activities**
Funerals
-
4,734
-
Weddings
-
520
-
Coffee shop
2,301
-
-
Other charitable activities
2,965
(41)
-
Other trading activities
50,078
-
-
Investment income
260
-
7,487
**Total**
135,746
47,827
7,487
**EXPENDITURE ON**
Raising funds
7,644
-
900
**Charitable activities**
Funerals
-
350
-
Weddings
-
189
-
Functions
1,300
184
-
Other charitable activities
79,737
100,623
326
Other
34,053
14,678
-
**Total**
122,734
116,024
1,226
**NET INCOME/(EXPENDITURE)**
13,012
(68,197)
6,261
**Transfers between funds**
1,150
(150)
(1,000)
**Net movement in funds**
14,162
(68,347)
5,261
**RECONCILIATION OF FUNDS**
Total funds brought forward
76,958
448,861
246,012
**TOTAL FUNDS CARRIED**
**FORWARD**
91,120
380,514
251,273|Total
funds
£
122,756
4,734
520
2,301
2,924
50,078
7,747
191,060
8,544
350
189
1,484
180,686
48,731
239,984
(48,924)
-
(48,924)
771,831
722,907|
|---|---|
Page 15
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
## **11. TANGIBLE FIXED ASSETS**
|Freehold
property
£
**COST**
At 1st January 2023 and
31st December 2023
230,000
**DEPRECIATION**
At 1st January 2023
-
Charge for year
-
At 31st December 2023
-
**NET BOOK VALUE**
At 31st December 2023
230,000
At 31st December 2022
230,000
**12.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE**
Trade debtors
Debtors and prepayments
**13.**
**CURRENT ASSET INVESTMENTS**
CCLA Investment Fund|Fixtures
and
fittings
£
31,250
30,386
615
31,001
249
864
**YEAR**|Computer
equipment
£
617
377
206
583
34
240
31.12.23
£
2,312
141
2,453
31.12.23
£
82,262|Totals
£
261,867
30,763
821
31,584
230,283
231,104
31.12.22
£
3,494
141
3,635
31.12.22
£
66,000|
|---|---|---|---|
Page 16
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
|**14.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 15)
Other creditors
**15.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts|31.12.23
£
-
4,679
4,679
31.12.23
£
-|31.12.22
£
409,838
4,618
414,456
31.12.22
£
409,838|
|---|---|---|
Page 17
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
## **16. MOVEMENT IN FUNDS**
|**Unrestricted funds**
Church fund
St Nicholas
St Hubert's
Coffee Shop
Saltmine
Catering
Tots, tea and toast
Community Lunch Fund
Holiday club
Baptism & bibles
Functions
Music
Heat
Children and Family Work
Dorset Rural Music
Men's group
**Restricted funds**
Wilmore Fund
Friends of St Huberts
Funerals
Weddings
Jubilee Refurbishment
Foodbank
P. Williams legacy
Routes for roots
Mary Gardener - St Hubert's
Mary Gardener - St Nicholas
Bible society
Bellringers
Memory loss hub
Miscellaneous & memorials
Youth worker
Junior Puppets
Pastoral fund
A. Pitcher - St Huberts
A. Pitcher - St Nicholas
Samaritan's purse
Sudan
Bell Repair Fund
Flower Fund
J. KIrk Legacy Fund
Poppy Appeal
Wild Church|At 1.1.23
£
19,524
94,525
(27,630)
1,935
2,448
(109)
819
692
442
(40)
259
(1,170)
(1,496)
921
-
-
91,120
147,941
11,184
6,583
9,302
17,114
10,604
95,506
(1,729)
1,045
(1,347)
(56)
(174)
358
3,780
3,298
44
300
34,133
34,133
(40)
-
-
120
-
-
296|Net
movement
in funds
£
(14,911)
31,011
(4,683)
919
(677)
(117)
485
104
(223)
-
246
-
-
(363)
216
27
12,034
(18,356)
(1,860)
1,229
614
2,740
19,844
(161)
5
(2,207)
(586)
-
(182)
(102)
-
(1,133)
-
(91)
136
1,155
-
303
1,578
(61)
1,000
64
(110)|At
31.12.23
£
4,613
125,536
(32,313)
2,854
1,771
(226)
1,304
796
219
(40)
505
(1,170)
(1,496)
558
216
27
103,154
129,585
9,324
7,812
9,916
19,854
30,448
95,345
(1,724)
(1,162)
(1,933)
(56)
(356)
256
3,780
2,165
44
209
34,269
35,288
(40)
303
1,578
59
1,000
64
186|
|---|---|---|---|
Page 18
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
|**16.**
**MOVEMENT IN FUNDS - continued**
Warm Initiative
**Endowment funds**
Wilmore Property
**TOTAL FUNDS**|8,119
380,514
251,273
722,907|(843)
2,976
6,565
21,575|7,276|
|---|---|---|---|
||||383,490
257,838|
||||744,482|
Page 19
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
## **16. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
Church fund
St Nicholas
St Hubert's
Coffee Shop
Saltmine
Catering
Tots, tea and toast
Community Lunch Fund
Holiday club
Functions
Children and Family Work
Dorset Rural Music
Men's group
**Restricted funds**
Wilmore Fund
Friends of St Huberts
Funerals
Weddings
Jubilee Refurbishment
Foodbank
P. Williams legacy
Routes for roots
Mary Gardener - St Hubert's
Mary Gardener - St Nicholas
Bellringers
Memory loss hub
Youth worker
Pastoral fund
A. Pitcher - St Huberts
A. Pitcher - St Nicholas
Sudan
Bell Repair Fund
Flower Fund
J. KIrk Legacy Fund
Poppy Appeal
Wild Church
Warm Initiative
**Endowment funds**
Wilmore Property|Incoming
resources
£
74,646
57,448
25
3,135
(224)
-
740
4,526
405
264
53
250
78
141,346
639
60
4,016
694
26,097
22,846
5,515
5
125
-
-
444
-
-
136
1,154
303
11,023
-
1,000
64
98
3,775
77,994
8,300|Resources
expended
£
(89,557)
(26,437)
(4,708)
(2,216)
(453)
(117)
(255)
(4,422)
(628)
(18)
(416)
(34)
(51)
(129,312)
(18,995)
(1,920)
(2,787)
(80)
(23,357)
(3,002)
(5,676)
-
(2,332)
(586)
(182)
(546)
(1,133)
(91)
-
1
-
(9,445)
(61)
-
-
(208)
(4,618)
(75,018)
(1,735)|Movement
in funds
£
(14,911)
31,011
(4,683)
919
(677)
(117)
485
104
(223)
246
(363)
216
27
12,034
(18,356)
(1,860)
1,229
614
2,740
19,844
(161)
5
(2,207)
(586)
(182)
(102)
(1,133)
(91)
136
1,155
303
1,578
(61)
1,000
64
(110)
(843)
2,976
6,565|
|---|---|---|---|
Page 20
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
## **16. MOVEMENT IN FUNDS - continued**
**TOTAL FUNDS**
227,640 (206,065) 21,575
Page 21
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
## **16. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
Church fund
St Nicholas
St Hubert's
Coffee Shop
Saltmine
Catering
Tots, tea and toast
Community Lunch Fund
Holiday club
Share accrual
Baptism & bibles
Functions
Music
Heat
Children and Family Work
**Restricted funds**
Wilmore Fund
Friends of St Huberts
Funerals
Weddings
Jubilee Refurbishment
Foodbank
P. Williams legacy
Routes for roots
Mary Gardener - St Hubert's
Mary Gardener - St Nicholas
Bible society
Bellringers
Memory loss hub
Miscellaneous & memorials
Youth worker
Junior Puppets
Pastoral fund
A. Pitcher - St Huberts
A. Pitcher - St Nicholas
Samaritan's purse
Flower Fund
Wild Church
Warm Initiative|At 1.1.22
£
28,562
67,314
(22,689)
1,879
1,886
(171)
335
540
79
1,575
28
286
(1,170)
(1,496)
-
76,958
161,561
11,024
5,160
8,250
57,457
5,856
124,913
(1,729)
1,045
(656)
(56)
(250)
638
3,780
3,298
44
300
34,133
34,133
(40)
-
-
-|Net
movement
in funds
£
(9,038)
27,211
(4,941)
56
562
62
484
2
363
(1,575)
(68)
(27)
-
-
(79)
13,012
(13,620)
160
1,423
1,052
(40,343)
4,898
(29,407)
-
-
(691)
-
76
(280)
-
-
-
-
-
-
-
120
296
8,119|Transfers
between
funds
£
-
-
-
-
-
-
-
150
-
-
-
-
-
-
1,000
1,150
-
-
-
-
-
(150)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|At
31.12.22
£
19,524
94,525
(27,630)
1,935
2,448
(109)
819
692
442
-
(40)
259
(1,170)
(1,496)
921
91,120
147,941
11,184
6,583
9,302
17,114
10,604
95,506
(1,729)
1,045
(1,347)
(56)
(174)
358
3,780
3,298
44
300
34,133
34,133
(40)
120
296
8,119|
|---|---|---|---|---|
Page 22
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
|**16.**
**MOVEMENT IN FUNDS - continued**
**Endowment funds**
Wilmore Property
**TOTAL FUNDS**|448,861
246,012
771,831|(68,197)
6,261
(48,924)|(150)
(1,000)
-|380,514
251,273|
|---|---|---|---|---|
|||||722,907|
Page 23
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
## **16. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
Church fund
St Nicholas
St Hubert's
Coffee Shop
Saltmine
Catering
Tots, tea and toast
Community Lunch Fund
Holiday club
Share accrual
Baptism & bibles
Functions
Children and Family Work
**Restricted funds**
Wilmore Fund
Friends of St Huberts
Funerals
Weddings
Jubilee Refurbishment
Foodbank
P. Williams legacy
Mary Gardener - St Nicholas
Bellringers
Memory loss hub
Flower Fund
Wild Church
Warm Initiative
**Endowment funds**
Wilmore Property
**TOTAL FUNDS**|Incoming
resources
£
69,034
51,758
-
2,411
1,592
100
812
8,312
1,550
-
-
-
177
135,746
(41)
160
4,734
1,795
-
7,075
24,773
-
201
260
120
550
8,200
47,827
7,487
191,060|Resources
expended
£
(78,072)
(24,547)
(4,941)
(2,355)
(1,030)
(38)
(328)
(8,310)
(1,187)
(1,575)
(68)
(27)
(256)
(122,734)
(13,579)
-
(3,311)
(743)
(40,343)
(2,177)
(54,180)
(691)
(125)
(540)
-
(254)
(81)
(116,024)
(1,226)
(239,984)|Movement
in funds
£
(9,038)
27,211
(4,941)
56
562
62
484
2
363
(1,575)
(68)
(27)
(79)
13,012
(13,620)
160
1,423
1,052
(40,343)
4,898
(29,407)
(691)
76
(280)
120
296
8,119
(68,197)
6,261
(48,924)|
|---|---|---|---|
Page 24
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
## **16. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
Church fund
St Nicholas
St Hubert's
Coffee Shop
Saltmine
Catering
Tots, tea and toast
Community Lunch Fund
Holiday club
Share accrual
Baptism & bibles
Functions
Music
Heat
Children and Family Work
Dorset Rural Music
Men's group
**Restricted funds**
Wilmore Fund
Friends of St Huberts
Funerals
Weddings
Jubilee Refurbishment
Foodbank
P. Williams legacy
Routes for roots
Mary Gardener - St Hubert's
Mary Gardener - St Nicholas
Bible society
Bellringers
Memory loss hub
Miscellaneous & memorials
Youth worker
Junior Puppets
Pastoral fund
A. Pitcher - St Huberts
A. Pitcher - St Nicholas
Samaritan's purse
Sudan
Bell Repair Fund|At 1.1.22
£
28,562
67,314
(22,689)
1,879
1,886
(171)
335
540
79
1,575
28
286
(1,170)
(1,496)
-
-
-
76,958
161,561
11,024
5,160
8,250
57,457
5,856
124,913
(1,729)
1,045
(656)
(56)
(250)
638
3,780
3,298
44
300
34,133
34,133
(40)
-
-|Net
movement
in funds
£
(23,949)
58,222
(9,624)
975
(115)
(55)
969
106
140
(1,575)
(68)
219
-
-
(442)
216
27
25,046
(31,976)
(1,700)
2,652
1,666
(37,603)
24,742
(29,568)
5
(2,207)
(1,277)
-
(106)
(382)
-
(1,133)
-
(91)
136
1,155
-
303
1,578|Transfers
between
funds
£
-
-
-
-
-
-
-
150
-
-
-
-
-
-
1,000
-
-
1,150
-
-
-
-
-
(150)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|At
31.12.23
£
4,613
125,536
(32,313)
2,854
1,771
(226)
1,304
796
219
-
(40)
505
(1,170)
(1,496)
558
216
27
103,154
129,585
9,324
7,812
9,916
19,854
30,448
95,345
(1,724)
(1,162)
(1,933)
(56)
(356)
256
3,780
2,165
44
209
34,269
35,288
(40)
303
1,578|
|---|---|---|---|---|
Page 25
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
|**16.**
**MOVEMENT IN FUNDS - continued**
Flower Fund
J. KIrk Legacy Fund
Poppy Appeal
Wild Church
Warm Initiative
**Endowment funds**
Wilmore Property
**TOTAL FUNDS**|-
-
-
-
-
448,861
246,012
771,831|59
1,000
64
186
7,276
(65,221)
12,826
(27,349)|-
-
-
-
-
(150)
(1,000)
-|59
1,000
64
186
7,276|
|---|---|---|---|---|
|||||383,490
257,838|
|||||744,482|
Page 26
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
## **16. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
Church fund
St Nicholas
St Hubert's
Coffee Shop
Saltmine
Catering
Tots, tea and toast
Community Lunch Fund
Holiday club
Share accrual
Baptism & bibles
Functions
Children and Family Work
Dorset Rural Music
Men's group
**Restricted funds**
Wilmore Fund
Friends of St Huberts
Funerals
Weddings
Jubilee Refurbishment
Foodbank
P. Williams legacy
Routes for roots
Mary Gardener - St Hubert's
Mary Gardener - St Nicholas
Bellringers
Memory loss hub
Youth worker
Pastoral fund
A. Pitcher - St Huberts
A. Pitcher - St Nicholas
Sudan
Bell Repair Fund
Flower Fund
J. KIrk Legacy Fund
Poppy Appeal
Wild Church
Warm Initiative|Incoming
resources
£
143,680
109,206
25
5,546
1,368
100
1,552
12,838
1,955
-
-
264
230
250
78
277,092
598
220
8,750
2,489
26,097
29,921
30,288
5
125
-
201
704
-
-
136
1,154
303
11,023
120
1,000
64
648
11,975|Resources
expended
£
(167,629)
(50,984)
(9,649)
(4,571)
(1,483)
(155)
(583)
(12,732)
(1,815)
(1,575)
(68)
(45)
(672)
(34)
(51)
(252,046)
(32,574)
(1,920)
(6,098)
(823)
(63,700)
(5,179)
(59,856)
-
(2,332)
(1,277)
(307)
(1,086)
(1,133)
(91)
-
1
-
(9,445)
(61)
-
-
(462)
(4,699)|Movement
in funds
£
(23,949)
58,222
(9,624)
975
(115)
(55)
969
106
140
(1,575)
(68)
219
(442)
216
27
25,046
(31,976)
(1,700)
2,652
1,666
(37,603)
24,742
(29,568)
5
(2,207)
(1,277)
(106)
(382)
(1,133)
(91)
136
1,155
303
1,578
59
1,000
64
186
7,276|
|---|---|---|---|
Page 27
continued...
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
## Notes to the Financial Statements - continued for the Year Ended 31st December 2023
## **16. MOVEMENT IN FUNDS - continued**
|**Endowment funds**
Wilmore Property
**TOTAL FUNDS**|125,821
15,787
418,700|(191,042)
(2,961)
(446,049)|(65,221)
12,826
(27,349)|
|---|---|---|---|
## **17. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31st December 2023.
Page 28
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
|Detailed Statement of Financial Activities|||
|---|---|---|
|for the Year Ended 31st December 2023|||
||31.12.23|31.12.22|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|109,497|80,290|
|Gift aid|3,544|4,942|
|Legacies|11,000|100|
|Grants|22,845|37,424|
||146,886|122,756|
|**Other trading activities**|||
|Fundraising events|466|-|
|Room hire income|55,083|50,078|
||55,549|50,078|
|**Investment income**|||
|Rents received|8,121|7,487|
|Deposit account interest|2,344|260|
|Curr asset inv income|6,262|-|
||16,727|7,747|
|**Charitable activities**|||
|Funeral service|4,016|4,734|
|Coffee shop|2,910|2,301|
|Weddings|227|520|
|Misc. charitable activities|1,325|2,924|
||8,478|10,479|
|**Total incoming resources**|227,640|191,060|
|**EXPENDITURE**|||
|**Raising donations and legacies**|||
|Wages|7,218|7,211|
|Sundries|451|-|
|Advertising|477|433|
||8,146|7,644|
This page does not form part of the statutory financial statements
Page 29
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
Detailed Statement of Financial Activities for the Year Ended 31st December 2023
|Detailed Statement of Financial Activities
for the Year Ended 31st December 2023|||
|---|---|---|
||31.12.23|31.12.22|
||£|£|
|**Raising donations and legacies**|||
|**Investment management costs**|||
|Maintenance costs - Wilmore|603|900|
|**Charitable activities**|||
|Wages|6,625|6,031|
|Bell ringers|32|250|
|Choir and Music|27|19|
|Clergy expenses|1,416|2,506|
|Function expenses|2,393|1,484|
|Funeral expenses|266|350|
|Licences|1,210|1,086|
|Repairs & maintenance|53,052|101,239|
|Resources for Church groups|-|388|
|Training|-|250|
|Upkeep of Services|14,133|16,293|
|Wedding expenses|166|189|
|Grants to institutions|53,100|52,624|
||132,420|182,709|
|**Support costs**|||
|**Information technology**|||
|Repairs and renewals|16|75|
|Software subscriptions|244|179|
||260|254|
|**Other**|||
|Wages|40,079|23,562|
|Social security|1,018|669|
|Pensions|225|155|
|Insurance|4,943|5,163|
|Light and heat|11,217|11,531|
|Telephone|879|1,010|
|Postage and stationery|1,488|1,451|
|Sundries|539|617|
|Cleaning|875|1,294|
|Travel and accommodation|113|40|
|Computer equipment|820|1,660|
||62,196|47,152|
This page does not form part of the statutory financial statements
Page 30
The Parochial Church Council of the Ecclesiastical Parish of Corfe Mullen
|Detailed Statement of Financial Activities|||
|---|---|---|
|for the Year Ended 31st December 2023|||
||31.12.23|31.12.22|
||£|£|
|**Other**|||
|**Governance costs**|||
|Legal fees|1,222|263|
|Independent examiner's fee|1,218|1,062|
||2,440|1,325|
|Total resources expended|206,065|239,984|
|**Net income/(expenditure)**|21,575|(48,924)|
This page does not form part of the statutory financial statements
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