ST PAUL'S CHURCH, TUPSLEY UNAUDITED REPORT AND ACcOUs FOR THE YEAR ENDED 31 DECEMBER 2023 Charity Registration No. 1134258
ST PAUL'S CHURCH, TUPSLEY UNAUDITED REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 CONTENTS Page Trustees, Annual Report Statement of Trustees responsibilities Independent Examinerfs Report Statement of Financial Activities 10 Balance Sheet 11-15 Notes on Accounts
St Paul's Church, Tupsley Trustees Annual Report for the year ended 31 De¢ember 2023 Objectives and Activities The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at St Paul's. The PCC maintains an overview of worship throughout the parish and m8kes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament. When planning our acttvities for the year. the incumbent and the PCC have considered the Commission's guidance on public benefit and. in particular. the specrfic guidance on charities for the advancement of religion. In particular. we try to enable ordinary people to live oul their faith as part of our parish community through worship and prayer,. learning about the Gospel and developing their knowledge and trust in Jesus. This can be in gathered worship {servicesl on Sunday and other days. in LifeGroups gathering to study, pray, encourage and worship, and other networks and meetings to assist with pastoral care. To facilitate this work, it is important that we mainlain, equip and adapt the fabric of the Church of Sl. Paul's and the linked Community Centre. Where possible we seek to work together with other local churches and groups, especially Hampton Park URC and Tupsley Whitehouse Community Hub. Aim and puwoses Sl Paul's Parochial Church Council {PCC) has the responsibility of cooperating with the incumbent, the Reverend Nick Armstrong, In promoling in Ihe ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic. social and ecumenical. The PCC is also specrfically responsible for Ihe maintenance of the Church and communily Hall of St Paul's, Church Road. Hereford Achlevements and Performance Full details are reported on under Ihe separate report headings. Worship and PYer The PCC are keen to offer a range of seNices during the week and over the course of the year that our community find both beneficial and spiritually fulfilling. Ways of welcoming and linking the missing generalions into our church were well established pre-pandernic, and are now ntInuing to emerge creating a 'new normal,: a simpler Messy Church format., weekly Worship hosting St Paul's Primary School classes in church. a weekly Open the Book assembly now inviting all key stage 2 classes from Hampton Dene School opposite into church.
St Paul's Church, Tupsley Trustees Annual Report (continued) For the year ended 31 December 2023 St Pauls Church Communrfy Centre This hosts a full-time Childcare ministry {St Paul's Childcare, Charity registered number 1175452) Monday to Friday, and fellowship andlor children's group Sunday momings. Brownies and other groups are regular evening users throughout the year. Mission and Evangelism The Horizons Committee continue to allocate a proportion of our funds and arrange urgent fundraising towards various causes local to Hereford and abroad. The weekly Coffee Shop which is jointly run with Hampton Park URC. providing friendship and pastoral care to many eldedy people in our community, has been able lo operate for most of the year and continues to be a popular and important part of our mission and outreach Treasurer's Report: for year end 31 December 2023 The 2023 accounts show an excess of expenditure over income of £1.632 (2022: deficit £1,613). The shortfall, for the second year running, has been covered by using some of our Reserve funds. This is entirely appropriate as we seek to make maintenance and repairs that are ne$Sary and which were delayed somewhal by the impact of Covid. Once again, we were able to honour our commitment in full to Hereford diocese by paying into the Common Fund a total of £80,000 {2022'. £79,000). We continued to honour the Giving Policy adopted by the PCC in January 2021 and approved annually since, which states "It is our intention that from 2021 St Paul's PCC will give a minimum of 10°/o of our income away- sowing into the Kingdom of God after th8 leaching and example of Jesus and the Bible. This will generally be distributed through the discernment of our Horizons committee.. Thus, in 2023, the Horizons Committee received a sum of money equivalent of 10.kn of all church giving received in the previous year., this amounled to £7,125 (2022.. £6,981)- I have summarised below both donations made directly through the Horizons Committee and those collected directly from the congregation and il is clear lo see that so many of you generously give to the appeals we also make throughout the year. What a wonderful witness this is! At the end of 2022 we launched an Acts244 fund, designed to help out those struggling financially during the difficult economic times we faced in 2023, particularly with regard to fuel poverty. During 2023 we paid out £955. Due to your generosity there are still funds available for us to dispose of in 2024, should anyone be in need. I'd like to end by once again recording my Thanks to all who help in Ihis role practically, especially Ann Gabb our amazing Gift Aid Treasurer and Assistant Treasurer and Val Simms who is always ready to help out. I'm also incredibly grateful for the support I get from all members of the Stsnding Committee and PCC whose wisdom is invaluable. But finally, and most importantly, thank you all - l am always humbled by your wonderful generosity, both financially and spiritually, and I consider myself truly blessed lo be able to seNe St Paul's as Treasurer. Karen Bishop.
St Paul's Church, Tupsley Trustees Annual Report (continued) For the year ended 31 December 2023
| **Charity Supported ** | Total Horizons |
Total Horizons |
Conareaation |
|---|---|---|---|
| WvcliffeBible Translators | 600 600 |
||
| Payment of sponsorshipto HDBF - Tanzania | 600 600 |
||
| New Life Nepal |
500 500 |
||
| Tearund- Earthquake appeal | 792 232 |
560 | |
| Medical Aid for Palestine LeprosyMission |
300 500 300 500 |
||
| CloseHouse | 400 400 |
||
| A Roche (Harvest) | 500 83.10 |
416.90 | |
Open Doors (Violence aQainst Christian Indians) |
200 200 |
||
Open Doors |
500 | 500 | |
| Shelterbox | 500 | 500 | |
| Christian Aid- Libya floods | 500 | 238.68 | 261.32 |
| Christian Aid-Gaza | 750 | 750 | |
| Keep in Step International (Kate Brankin) | 400 | 400 | |
Church Mission Society (Sarah & Simon Cawdell) |
400 | 400 | |
BasothoEducational Trust |
500 | 500 | |
| The Living Room | 117 | 117.00 | |
The CartShed |
400 | 311.35 | 88.65 |
| Church Mission Society 232.24 |
232.24 | ||
| Children's Society 200 |
62.80 | 137.20 | |
| Bible Society 227 |
46.80 | 180.20 | |
| Water Aid 368.20 |
368.20 | ||
| 2023 Total £9,486.44 |
£7,124.73 £2,361.71 |
||
| 2022 £8,483.18 |
£6,981.00 £1,502.18 |
Financial Review
2023 showed an increase in income to £150,911 compared with £133,046 in 2022. Charitable expenditure increased from £134,659 in 2022 to £152,543 this year. The charity therefore had a net deficit of £1,632 (2022: deficit £1,613).
Reserves policy
It is now the policy of this PCC to hold in reserve, the equivalent of 3 months running costs, including staff wages and contribution to the Parish Share. It is also our policy to hold an amount for likely church building works as identified in the latest Quinquennial report and an amount for the maintenance of the fabric of the community centre. In 2024 the PCC has no major plans with regard to the exterior of either the community centre building or the church.
The planned for repairs to the churchyard path and surrounding area in 2022 did not happen so these continue to be carried forward into 2024. An amount of £10,000 has been set aside
for these two items. The PCC continues to hold £15,000 in respect of legacies received in 2020 which were set aside; these were set aside as a deposit for future mission/outreach/chaplaincy work. An additional legacy of £5,000 was received in 2023. Part
3
St Paul's Church. Tupsley Trustoes Annual Report (continued) For the year ended 31 December 2023 ReseNes policy (continued) of this was used to set up the post of LifeLink Chaplain which we have identrfied as being crucial to this future missionloutreach work. Consequenlly, at the end of 2023, the total amount now set aside for this work is £18,000. It is likely that the necessary installalion of a new Heating syslem for the church will incur great cost. It is hoped that this will be funded by granls and donations but the PCC believes that it is prudent to set aside £20,000 from accumulated Reserves for this project. Therefore, a totsl of £80,000 is needed and the PCC is pleased to note that Ihere are sufficient funds to meet these obligalions at this time. This policy will be reviewed in a yearfs lime. Stru¢ture, governance and management The method of appointment of PCC members is set out in the Church Representation Rules. At st Paul's the membership of the PCC consists of the incumbent (our vicar), churchwardens, curate, reader and members elected by those members of the o)ngregation who are on the electoral roll of the Church. All those who attend our services/members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC. The PCC members are responsible for maklng decislons on all matters of general concern and importance lo the parish including deciding on how the funds of the PCC are to be spent. Volunteers We would like to thank all the volunteers who work so hard to make our church a lively and vibrant community. Trustee tralnlng The Ttustees undertake continued safeguarding training.
St Paul's Church, Tupsley Trustees Annual Report Icontinuedl For the year ended 31 December 2023 Reference and administrative Information Reglstered Charity name The Parochial Church Council of the Ecclesiaslical Parish of St Paul's, Tupsley. Hereford Charlty name St Paul's Church, Tupsley Registered Charity number 1134258 Principal offi¢e The Benefi Office, 107 Church Road, Hereford, HR1 1RT Governing document Parochial Church Council Powers Measure (19561 as amended and Church Representation Rules Trustees Rev. Preb. N P Armstrong Mrs P C Duggan Mrs A Gabb Mrs K E Bishop Mrs D J Hartland Mrs J M Shave Mr K Pratley (resigned 23 April 2023} Mrs M Jones {resigned 23 April 20231 Rev J Chipper Mrs R Burrow Mrs H Bailey Mrs J Hancock Mr S Brankin {appointed 23 April 20231 Mrs J John {appoinled 23 April 2023) Mrs S Payne (appointed 23 April 20231 Mr P Shave lappoinled 23 April 20231 Mrs L Watts (appointed 23 April 2023) Mr M Duggan (appointed 23 April 2023)
st Paul'5 Church, Tupsley Trijstees Annual Report (continuèd) For the year ended 31 December 2023 Bankors Lloyds TSB Bank plc 8 High Town Hereford HR1 2AE Independent examiners Cooper Parry Advisory Limited 3" Floor, Br08dway House 32-35 Broad Street Hereford HR4 9AR Rlsk Management The Twstees continue to rru)nitor the major risks which the tharity faces and h88 e8tsblished systems to reduce those rfsks. Risks are reviewed at least annually, The main rSsks included the health and safety of volunteers and cAllers, maintenance of the church and communlty hall and the conllnued viability of the PCC. Independont Examiners Cooper Parry Advisory Limited have agreed to Dffèr themselves for re4ppolntm8nt as independanl examiners of the charity. On behalf of the bt)ard of Trustees Rev Preb. N P Arnistrong- Vicar of Tupsley and Hampton Bishop Mrs K Bishop-Treasurer Date..
ST PAUL'S CHURCH, TUPSLEY TRUSTEES, ANNUAL REPORT for the year ènded 31 Decèmber 2023 statement of Trustees, Responsibilities The trustees are responsible for preparing The Trustees, Annual Report and the flnancial statements in accordan appll¢able law and United Kingdom AGcounting Standards (United Klngdom Generally Accepted Accounting Practice}, FRS102 and SORP 2015 The law applicable to charities in England and Wales requires the trustges to Prepa finandal staiemenls for each financial year which give a true and falr view of th8 stste of affairs of the charity and of its Incoming resources and appllcation of resources of the charityfor that period. In preparlng these flnancial statemenls, the Injstees are required to.. select suilable accounting polldes and then apply them conslstentty- observe the methods and principles in the Charities SORP (FRS 102} 2015; make ludgernents and estimatgs that are reasonable alld prudent., stale wheth8r applicable accounting standards have be8n followed, subject to any material departures discknsed and axplained in the financial statements, prepare the finandal slatem8nts on the going ncern basis unless it is inapproprfale to presume that the charity will continue in a business. The trustees are responsible for keeping proper aC(unting records that disclose with reasonable accuracy al any time th8 financial position of the charty and enable them to ensure that the financlal statements mplY with the CharltlBS Act 2011 and the Ch8rlty (Accounts and Reports} R8gulations 2008. They are also responsible for safeguarding the assets of the charity and hence for laklng reasonable steps for the prevention and detection of fraud and other irregularitles. On behalf of the Trustees KS.L14 R8v Preb. N P Amistrong Trustee
Independent Examinerfs Report to the Trustees of St Paul's Church Tupsley I report on the accounts of th8 charity for the year ended 31 December 2023. Respectlve responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the 2011 Act. follow the procedures laid down in the general Directions given by ihe Charity Commission under section 145{5)Ibl of the 2011 Act; and slate whether particular matters have (me lo my attention. Basis of independent examlner's report My examination was carried out in accordance with Ihe general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence Ihal would be required in an audit and consequently no opinK)n is given as to whether the accounts present a "true and fair view" and the report is limited to those malters sel out in the statement below. Independent examlner's statement In connection with my examinalion, no matter has come to my attention: which gives me reasonable cause to believe that, in any material respect, the requirements: to keep accounting records in acwrdance with section 130 of Ihe 2011 Act. and to prepare accounts which accord with the accounting re(x)rds and comply with the accounting requirements of the 2011 Acl have not been met., or to whith. in my opinion, attention Should be drawn in order to enable a proper understanding of the accounts to be reached. Name: Sophie Powell Relevant professional qualificatSon or bixly.. FCCA 4 April 2024 ON BEHALF OF COOPER PARRY ADVISORY LIMITED 3" Floor Broadway House 32-35 Broad Street Hereford HR4 9AR
St Paul's Church, Tupslay Stalomgnt of Flnancial Activities Ilncluding Income and Expenditure Account) For the year ended 31 December 2023 Unrestricted Fund ReStrIed Endowment Fund Funds Total Funds 2023 Total Funds 2022 Note Income Donatlons and legacies 83.009 83.009 77.151 Charitable activitSes 6,339 10,649 16.988 14.112 Other trading activities 11,305 11,305 361 Investment income 39.609 39,609 36.482 Other income 4,940 Total income 140,262 10,649 150.911 133,046 ExpendiluTe Expenditure on charitablg a¢liv 718 Other expenses 142.709 9.834 152,543 134,659 Total expenditure 142.709 9,834 152,543 134.659 Met incomellexpendilure and net movemgnl in funds lor the year 12,4471 815 11,6321 11,6131 Transfers between funds Reconciliation ol funds Total funds brought forward 602,525 4.028 10.tx)o 616.553 618.166 Total funds carried lOnard 600.078 4.843 10,000 614,921 616,553 All activities are classed as continuing The notes on the following pages form part ol the accounts
St Paul's churc Tup$ley Balanc8 Sheèt As at 31 D8c8mber 2023 Note 2023 2022 Fixed As5els Tanglble assets Fixed asset investmèn li 12 523,605 519.624 10,000 10,000 533,605 529,624 Current Assets Doblors Cash at bank and in hand 13 9,798 78,988 82,786 89.854 89,854 Liabililles Creditors laming due thIn one year Other creditors Net ourrtrnt assets 11.4701 81.316 {2,9251 86.929 Total &ssels bss ourrgnl liabllllles 614,921 616,553 The funds ol the charity UnreslriGted funds R8slricl@d funds Endowment FunLts 600,078 4,843 10,000 614,921 602.525 4,028 10,000 816.553 75 16 17 The notes on pag9s 11 10 15 lom part of Ihese accounts The accounts on pages 9 10 15 were approvgd by Ihe governing body and authorfsed for issue on and are signed on their behalf by Mrs K Blshop Rev. Pre N P Armstrong Ichagrmanl io
St Paul's Church, Tupskny Notes on the accounts Year ended 31 Decwnber 2023 1 Aeeountlng pollciès Th8 principal accounting policies adopteob judgements arKI key $our¢es of estimation luncethnty in the preparation of the finan¢ial atements are as folbws.. al Basi5 of preparatio The financial statements have been prepared in accordance with lh8 Accounting and R8POrting by Charities.. Statement of Recommended Pradice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Flepublic of Ireland IFRS 1021 leffeciive 1 January 20151- Charities SORP IFRS 10211. and the Financial Reyjrting Stanclard applicable in the UK and Retublic ol Iland IFRS1021. St Pauls Church. Tupsley, meets the definition ol a public benefrt enlily under FRS 102. Assets and Ilabililies are Initially regniSed al historical ¢ost or transaction value unlèss otherwse stated in the relevant accounting policy notelsl. bl Recon¢lliation with previous Generally Aec8pled Aceounting Practice In preparing the accounts, the trustees have considered whether in applwng the accounting poli¢ig$ requirgd by FRS012 and the charit SORP FRS 102 tha restatement ol comparative items was required. ¢1 Preparation of accounts on a goi concern basi5. The truste8s considei the funds available wll enable the charty to operate lor wore than one year and on that basis th8 charity is a goirYJ (x)nC8rn. dl Income Income including gtsv8mmènt grants aro rècognised when the charity has enlid8ment to Ihe funds, any perf0rrnan conditions attached to the ftemlsl of in¢ome have been met, it 18 probab that the income wll be received and the amount can be measured rèliably. For legacies. enlitlpmenl is taken as the earlier ol the (Jale on which either.. the charity is aware that probaie has been granted. the esiaie has been linalised and notili¢ation rnade by Ihe executors to the trust ihal a disinbulion will l)e made, or when a distribution is receiv8d from the estate. Fleceipt of a legacy. In whole or in part, is only considered probabl8 when the arnounl can be measured rellably and the charily has been nolilied of the gxeculofs intention to mak8 a disiribLrtion. Where legacies have been notified lo the ¢harily, or the charity 18 aware of the granting ot probate. and the criteria for income recognition have begn then th8 legacy 15 ireaied as a contln9eni assel and dis¢bsed if Material. el Interest receivable Interest on funds held on deposit 13 included when receivable and the amount Can measured reliably by the charity., this is normally upon notification of the interest pald (K payable by the bank. fl Fund ac(X>LJntirwJ Unrestrict8d funds are available to Spend on activiti&5 that further any ol the purposes of the charity. Denated lunds are unre51ricted funds of the charty which the trJste8$ have d8cid8d at their di5cretioR to 581 asid8 lor a specifK purpose. Flestricted funds are donations which the donor has 5pecilied are to be used solely for particular areas of the charity's WO or for particular activiti85 (xrri8d out by th8 charity- Endowment fund5 are not availabl8 for Spending on day to day a¢twitie$ trAJl income gerated forms part of unrestricted incotne.
St Paul's Church, Tupsl•y Not89 on thè aeeounts Year ended 31 De¢emb$r 2023 gl Expenditure and Irrecoverable VAT Expenditure is recognised once there is a legal or con51ruclive obligation lo make a payrnenl lo a third party, it 1$ probable that settieff*ni wll be required and the amount of th8 obligation can be measured reliatjy. h) Allocation of support costs Support cost8 are those functions that assist the work of th£ charity but do not directly undertake charitab18 activities. Support costs include ba¢k oftice costs, finance, personnel g)vernance cos15 which support the Charllys acifvilies. il Tangib18 IIx8d assets The properties owned by the charrty have been capilalised at cost. The tW5te85 cons¥J8r their valuation to b8 in 8xcess of the orKJinal cost and as such have not been depreciateis. Plant and other 8quipm8nt is depated the year after purchase- 33.33% straigm line. FIX asset investments represent funds held wrthin CCLA accounts. kl Cash at bank and in hand Cash at bank and in hènd includes rash and short lemi highly liquid investments with a short maturity ol three months or less Irorn th8 d818 of acquisition or opening of the dgposII or similar account. 11 cditorS and provisions Creditors and provlsions are OgniS where the charity has a present obligation rgsullino from a past event that will probably result in th8 transfer of fund5 to a third party and th8 amount due to settl& th8 obligatKin ¢an be measured or eslirnated reliab5y. Creditors and provisions are normally recogni88d al their settlement amounl aftor allowing for any trada discounts due. 2 Legal stalu5 of the Charlty The18gal slatLtrS of the ¢harily Is established by Statute, namèly sèctions 2 and 2 of the Parochial Church Council's (Powers) Measure 1956_ Measures have the force as Acts of Parliamen¢ so the exi51enc8 and legal status of a PCC is part ol Ihe law of the land. 2023 2022 3 Charltable actlvlt18S Fees lor wedding5 and funer8 Money given lo help with costs ol rnaintaining the Churchyard Church hall lettirus Contrbution by Childcare to utility bills 7,753 9.729 4,024 5,111 16,988 4,135 14.112 2022 4 Olher trodlng actlvltles Fund raising sales Dio¢esan funding ¢oniribution io LifeLink Chaplain 756 10,549 11.305 361 361 2023 2022 S Investment Income Bank int8re$i Renl from land and bJlldings 1,045 38,564 39,609 104 3fj,378 36.482 12
St Paul's Church, Tupsley Noles on the arKounts Y8ar ended 31 December 2023 2023 6 Othar Incom• Sundry incotng Covid grants Energy grants 603 2,667 1,670 4.940 2023 2022 7 Analysls ol expendlturg on charltabie actlvltl8S Missionary gwing Ministry parish share Mission arKI evangelism cost5 Supp)rt costs (Note 81 8,125 80,000 10,005 54,413 152,543 6.981 79,000 246 48,432 134,659 8 Support $ts Salary ol parish se¢retary Hall caretaker statt costs Hall water rates Hall light and heal Hall maintenance Church water rates Church light and hgat Church insurance Church THaintenance Upk88p ol church servic88 Upkeep of churchyard L£vJge maintenanc8 Office administratn Governance costs- IrKlep6ndeni examination DepciatIOn ol plant & equipvnenl 5,751 7,334 1,039 4,730 7,024 5,464 6.733 708 3.633 105 4.061 7.060 3,700 2,961 1.409 827 7,017 1,500 6,260 2,748 2,441 1,132 697 6,869 1,380 572 48.432 54,413 9 Trustses remuneratlon During the year admini51ration axp8ns8S totailing £1.58812022.. 4 Tru5t88s'. £2,226) w8ro resmbursed lo lour Trustees. None ot the Trustees have been paid any remuneration or recewed any other benelits Irotn the charity. 10 Staff costs No employees were pakj over £60,000 Sn the current or previoJs year. The average nurnber ol employees during the year were 312022.. 31. 13
St Paul's Church, Tw)sley Notes on the accounts Year ended 31 December 2023 11 Tanglble Iix8d assets Freehold Plant & Property Equlpment Total Cost Brought forward Addition5 Carried fOard 519.624 1,717 3.981 5,698 521,341 3,981 525,322 519,624 Deprecoatlon Broughi fotward Charge for the year Cariied forward 1.717 1.717 1.717 1.717 Net Book Value 31 Dec 23 Net Book Value 31 Dec 22 519.624 519,624 3,981 523,605 519,624 Cost 2023 Cost 2022 Freèhold Property Hall Caretakers hous8 454,624 65.000 519,624 454,624 65.000 519,624 12 Investment flxed assets Cost 2023 Cost 2022 Bard( depogt CCLA Historio 10,000 10,000 10.000 10,DOO 13 Debtors Cost 20fJ Cosl 2022 Grft Aid recoverable 3,798 3.798 14
St Paul's Church, Tupsley Notes on the a¢¢ounts Year ended 31 December 2023 14 Unrestricted funds Balan¢e 31 December 2022 In1¥ ExpendlluriTransfers Balance 31 December 2Q23 General fund 602,525 140.282 142,709 600.078 15 Restricted lunds Income EXndItunTranslef9 8?lance 31 December 2023 31 December 2022 Hèating, chairs, clèaning & maintenance UfeLlnk Chaplain 4,028 100 10,549 10,649 4,128 715 9.824 9,824 4,028 1fj Endowmenl funds Balance 31 December 2022 ncome ExpendlturLTransfers Balance 31 December 2023 Total 10,000 10.000 17 Ana5ysls of net a558ts between fund8 Unrestricted Reslricted Endowment funds funds lunds Total Tangbi le fixed a55ets Fixed assei Investments Nel current assets 523,605 10,IXiO 66,473 600.078 523,605 10,000 81,316 814,921 4.843 4.843 10,000 10,000 15