THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. STEPHEN CHURCH, LINDLEY, HUDDERSFIELD Trustees Roport and Flnanclal Statements For The Y•ar Ended 31 D•cemb•r 2023 Re81stered Charlty No: 1134388 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. STEPHEN CHURCH. LINDLEY. HUDDERSFIELD Indox Pagos Trustees Annual Report Independent Examiners Report Slatement of Financial Activities statement of Financial Posttion Notes to th8 Accounts 9-15 Page 2 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. STEPHEN, LINDLEY, HUDDERSFIELD ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Admlnlstratlve Inforniatlon Sl Stephen's chU￿h is situabj in Lidget Streét, Linoley. Huddersfield. It is Part of ts Di￿ese of Leeds in th8 Church of England. Corresp)nden¢e should be sentto the Vicarage, 2 Thè Clock Tower, Lidget Stree( Lindley, H￿jderSfie1d HD3 1iB. Par￿hla1 Churth Counul IPCCI is ftrJi81er8d wrth ts Charlties Commk8&on, Registralknn No. 1134388. PCC momters have semd frc*n 1 JaThJary 2023 to 31 Decartér 2023 lo the dats ofthis report. Prl8strindarg8 R8v. Abbie Pakner Lay PastLvd Minister Lx-offth memberofthe PCC Carc4 Ramsden Churchward8ns Exvoffi￿o m8mborofthe PCC R8b8cca Bla¢k from APCM 2015r2023 for1 year tami Deputy Churthwarden8 Dr lan Bcoth from APCM 2015r2023 lor 2 ya8r18m Sknnne Cunningham from APCM 201512023 for 3 yeartem Represèntstives to Dean￿ Syncd Marion Donaldw Ir68ppoinbd from APCM 2015r2023 3 ygarterml Exwoffoo rnemter5 0ftr￿ PCC Mr5 Vanessa Stewart (from APCM 201512023 foT 3 yoar temil Elected merters Mr Glenn StvKart IVic&Chairl (reappointe￿ frc¥n APCM 151512022 tr 3 y8ar term) Mrs Hilary Gee Isecrotsryl [R￿gned 201S20231 Mrs Kate Chambertain Ire8rrinled frtsn APCM nwting 2015r2023 for l y8ar temil Er lan PKoth lfrcrfn APCM 201m3f(Y 2 wtemil Mrs Suzanng ojnnw￿harn (from APCM 21Y5r2023 kn 3yoar twrn} mrTreV￿ Edwards (Resigned 2015120231 Mrs Heike Vahlhg (reappolnted Irom APCM ￿l05r2021 for 3 yéar t8rml Mrs ￿tsr￿ Frank (from APCM 201512023 for 3 y8art8ml Mrs Amanda Ca0￿htOniVl1Y {safegUa￿1n9 Officer) IResvJned 2015r20231 Mr Grnham Large (from PCC rn￿ting 131￿2023 for l year tsm) Mr DavKI Sargent (s￿10t￿ryI {from PCC 1316r2023 for1 year lemil Page 3 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. STEPHEN, LINDLEY. HUDDERSFIELD ANNUAL REPORT FOR THE YEAR ENOED 31 DECEMBER 2023 IconL) struclure. gO￿rnan¢• and manag•m•nt The Parothial Chufch Ctyjncil is a cwrate bjdy ¢stablwshed by the Cknjrth of EN4land. Mernt*rs ofthe PCC are ether ex.officio or elected by the Annual PaTC￿ra1 Church M88ting {APCMI in a¢f￿r￿a￿ wlth Ihe Churth Representa Rules. Al Church attendees are eno)uraged to register on tke Ek8Ctoral Rc41 and stand for ele¢lN)n to the PCC. The c*arity is controlled by the Churol of Measures, thè ParTrthial ch￿￿h IPoKrs) Measure 1956 as amended and the Ghurch Representstion Rules. The P8roc*ial chU￿h Counc41, together vith ￿ Vic4r and Churchwardens, nw invest funds at tsir i*scretion in accordan￿ wth thè Trustse Act 20CiI- suty8¢t aw to any restricbons attaching to legaoes or grants. Various tequests to the PCC restrict the Pansh to spending Lmly income 8￿j the Leeds Diocese hdd these ￿ndS in trusL The PCC OFer8tes through a number of cxJnwnitt88s and 8uWDups which moel be￿ rn*etings ofthe Chur¢h Counal. Standlng Commftte• Thi8 is the only ¢ornmittee required ty law.11 has power to transact Ihe bulnesg of ts PCC m88tings subpd to any (lirections gven by Ihe Council arA monltors incom8 and exwdthre. B•nk•rs Vlrgin Money Cltheaton CCW Lon(*)n Ind•pondent Examlnor Ajan Dodd FCCA, Wesl Yofkshirè Communlty Account8ncy Servke CIO (WYCAS} Page 4 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. STEPHEN, LINDLEY, HUDDERSFIELD ANNUAL RWRT FOR THEYEAR EPIDED 31 DECEII8ER2023 l¢onLI ob￿¢￿ •nd ictlvthi Ststephen ParrK*il Churth Coundl IPCCI, Lirthy hasthe rew&i￿lty ofgMF4ratiNJ th• IrK4Mnhnt in rIty￿ttng in the 0¢de￿aStIca ￿rtsh th8 mffj8lon ofts Church, F4Stcnl, 8￿9￿￿tt. soial ard wjrnoniral. T1￿8 aro rrjyns atthe re8rofth• thkh a¥￿Ilt￿8 forlotiiig to othwthon ¢hurth or9anlsati￿* Th8 PCC 0￿ a nurthrof m¥t b8tr#98n lu¥ m*tings ofthg Church c￿n￿l. R•vl¢w of th• ymr The fvll PCC met 7 Irn88 duriro y6arwith an avwayo atteryJanc4 of10 membws. The item$ dlwsgèj ￿r0.. a Fi￿￿n¢$S, risk and ofour Parish sharg. b E8tst4ishmenlof PCC sub gr￿p8 ¢ Wuk needed on ths ¢hurth rc￿8￿1 d8vdopm8nt ofa malnt8nw8 d Planning for a Trjticet e Aanned fvnd raising evenL8 Flnanelal r•vi•w SL Stephen's made a suwus of£24,991 In ts year. inrI￿ing a wrF4us Df£16.039 on unre6trithd fvnds. a ￿J￿U601£9.47B on rethcted fvnds arwj a of£528 on eTrJc8vmonllunds, aftertrtnsfers. Th• PCC hos paid rfs Parith Share in thju I)r2￿j in the sum of£58.4W] *iththrtthe ne&J to IpwpJ8te ￿￿tirnntr. R•••M• pollcy T￿ PCC aims to maintain rosoNO8 for r￿rOrS cJ)8ts of£15,CIX). This 1$ akn to cover mrgow snall repoirs. W• to not incr these r884rves frryn incoTh butto fty>Js on B￿Clund raldro for Ihe repairs pJonlfitrJ. kK4KY￿II cfi In anNJat bags lor¥sMle th& w)unts Ixtho pr•viw$ yaaraTrJ the bjthylforthe ￿r ahead. Thg charitybugteas h9ve r￿MplIed Y￿th thw'r duty to havè du8 r•gard to on pU￿1C tenefft put4isW by the chari￿$ Undoy Church of Eryiknd h7fanl School Infant Sdwl was wevkyjsty 8 VcAunlary Akl&J Scbjy 8uppyknJ Churth in r85t*d upkeepofthe t¥Jthliros. Th8 sthcd an Academy in J￿Y 2014 and fvnds hdd tythe PCC were trarderred to the Academy. smtenlof SL Stsfv. is an exdftcio mwnt)or ofthe GJvernirvJ 8cty of ￿'ntheY Churth ol England Inf8nl SchxA. Up io 7 FOundatiC￿ Govemors can be 8Th1 apwoved by th8 IT￿￿nI￿ PC¢ ofSI undor arrangeMts the Dkxese ofL8eds. Foundalon ¢kn s8N6 for a ￿riod of4 ye8rs. Dlo¢•M of L••d• In th• Church of Enwand The stll mw•385. a8oJthJkqn tr￿, 8¢4rorfthe M&G ChortfiJrKI holdkngs and Some CCLA mdIr￿ rdthg to rostrid•J foHryw aNJ aFPrO¥￿ P¥m*lql Chwth CrMJnol d St stsp￿n Churth ￿ndeY 8t8 n￿￿r￿j hddcnT• 71h May 2ff24 S*n•d: Rov. Pdmer Prlgst4n 11th May2 79th May2024 P8ge 5 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH Ind•pnd•nt Ex•mln•rf• r•wt to th• Tru•tyM of Th• Parochlal Clwreh Coundl of th• Ecc•l•la•ikal Parl•h ol St S*hen, Undlry. Hwldwgfi•ld :. DeC4ffl￿ 2023, which aT• 8•t (xrt ly) pog•s 7 to 15. rwiiremonts of the CPwi11•8 Act 2011 (Ih• W. I rewt In re8￿t of my 1xam￿ olthe chwW8 (xrt under Mctlon 145 of tha 2011 Acl In Cafrylng cArt my exwntnatim S ho¥e Ic*7A*d am tho appli￿)10 DlroctA?n$ by the Chwity Comffllw*x under 145(SXb) ofth• . I h￿• my ￿￿nIDakn. I cmflfm thot no matsrid m•tW8 have corm to my attth In Stringer HcKk80 L810 2QW THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF stat•m•nt of Flnanclal ktlvltl•s (SOFA) For thè y•ar •ndlng 31 o•c•m￿r 2023 T•t•l 2023 Total 2022 fun fund• fund• 21al 21bl £30,181 £118,751 £0 £73.248 C*hei tr¥dlTra 21cl 21dl £415 £4,185 £2, £1,631 £0 £92,330 £121936 tT6.907 R8*hg fyJnd6 on th•rhot4e xbMde¥ 31bl 3(01 £823 £1.304 £2,127 £96,448 £66.543 £432 £87,477 £8,971 Tot•1 •xp•ndMurg £10375 £99.5ZQ U7,875 11 £1.3 £211 £1,575 -£5.124 fA,475 £1t.504 £11,564 Gm$6 transfers behwn funth. t4Jt 411.064 500 -£11.564 G￿n8 on r•valualc*). Ixed a•s•ts, £1(03• £•A78 4526 Tot•1 fund• ￿h* forn4rd 13 tA1.361 1.036 £•4327 £82.419 12 U8.401 3.sqo £111.318 £86,327 Page 7 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. STEPHEN, LINDLEY, HUDDERSFIELD St•t•m•nt ￿ Fln•n¢S*l Po•ltlon As aL' 31 D•c•mb•r 2023 T•ngiW• 10 £12,931 £12,931 Investrnont 11 £29,405 ,745 £14,510 £47,800 £46,084 £42,336 £3,745 £14,510 £80,591 Debtors & Pr8f4yThWt8 £6.544 £245 £8.789 £2,197 sMrt tam) da￿¢ Cwh ot B•r* •TrJ kn Ha 4b £14.491 £1.ts)J £18.083 £10.474 £27.450 £37.255 £31.674 £16,941 £42.186 £1,OC £eii,127 £44,345 knounts faHlng dua *lthir* £1.870 £7528 £0 £4.104 £15.071 £3¢.658 £1.rpX £50.729 £40.241 tSY,407 £38A03 £13.510 £tll.320 ta8,329 Unresirtbj 12 £5T.407 £57,407 1,366 12 rd8.401 £0 eJ8.401 t44.959 12 £0 EO £1S.SfO £15.510 TOT￿ P*JIISH FUNDS U8M01 £14010 £111.318 ei3i.2 bo mlnrydknpandoB In to￿ to the pwc• not ¥hcthr Slgned.. Rev. Abble Palmef P￿est-l￿-Charg¢ Slgned.. Churchwarden Dated 191h May 2024 D*t8d.' 19th May 2024 Page 8 Notes to tho a¢count• for th• y•ar •ndod 31 Doc•mb•r 2023 l. Accountlng polkl Ba•1• of •¢counllng Th•8e accounts hav8 bean wepar8d under the hl8tork811>)8t o)nv8ntlon wlth It8ms racc¥Jni8ed at cost or transacknn value unles8 othe￿￿se stsled In thè ro18vant nots{$) to the8* accounts. The finanaal statements have boon prepared in accordance with the Statement of Roc0mm￿d•d Practic8: AccoLtntiThJ and Rep￿ng by Charftt8$ prep8rlng their accounts in accordanc with the Financ4al ReFQrtlng Standard applicable in the UK and Republic of Irgland {FRS 1021 leff8ctfve 1 January 20191 and ' with the Charilie8 Act 2011, and in accordance wlth the Church Accounting Regu￿￿OnS 2008 governing th$ individual aeeounts of PCCS. The ch8rlty consututes a public bgn•fft entity as defined ty FRS 102. Thgre has b88n no change to the ac¢ounting poli¢ie8 slnc• last yeor. No changes h8v8 been made to the acrx>unts for prewc4Js years. Golng ￿nC•M The tnJstee$ are satisfied that there are no materlal uncertalnti8s about the thariV$ ability to continue. In￿mIng re￿Ur¢ l incoming resources aro Induded In Ihe Ststem•nt of Finand81 Actiwtiès (SOFA) when the tharfty becomes antilled to the resources. it is more likely than not that the trust￿ w711 recofvo the rnsources the monetaryv81u8 can bo measurod Y￿th $uffici8nl rellability. Grnnts and donatlon• Grants and donations are only ineiud8d in the SOFA when tho charfty has unconditignal antluemgnt to the resources. Where grants aro related to ￿rf0Mianc8 and 8pocth d¢livar8￿e$. they aro ac¢ountod for as ¢harity e8ms th8 right to con6hJ8ration by Its p8rforrnar￿. Investmont• Fixed 8&8et invesknents are ststed at morket value at the balar￿ shoet dats. The SOFA indudos thè net gains and l¢)88es art81ng on rev4k￿0ns and dw)5815 throughout tho year. Exp•ndltur• and Ilabllttlos Expendilure is roccgnised on an awual basvs as a liabilty is incJJrred. Liaknlities are recognised whorg rf( is more likely than not that thore is a18gal or wnslructfve obligation u)mm¢ttsng the charrty to pay out the resources and the amount of the 0￿19all0￿ can ba maasured wth rea8¢￿able cartalnty. Page 9 Notos to th• account• for th• yoar •nd•d 31 D￿0Mbar 2023 1. A￿OUntIng pollGl•• contlnu•d T•xatlon As a charity th8 org8nisalion benefiis from rates relief gnd 19 ex8mpt from Irvy￿￿e tsx and capitsl gains lax bul not from VAT. Irr￿0ver￿bl8 VAT is Induded in the o)51 of items to vthieh it lates. Tanglbl• fixgd •s••¢• In so far aa ￿n$&Grat•S and bonefic• prowty of ony kind16 exdud&J from th8 Btatutory d8finitlon of '¢harlty by Se(*ion 1012Xal and Icl of the charIti￿ Act 2011 . such assots am not In t ftnandal Slotements. Other t8nglbl8 flxed 8ssets cy)sllng more than £10￿ 8rn capts118ed and Ind￿d￿ 8t o)st Induding any Incldontd expenses of acquisltlon. Gffte)23 T¢42022 lilvoiuntary In¢¢w £32,761 £31761 rJ1.864 £1 ,621 £33.621 E33.419 £10.132 £7,125 £10.132 £7.125 210 £1& £20.879 £7.912 t1,COJ £9210 £32.879 £9.912 FL￿1￿￿￿9*¥￿ty £11, £1&9 £1404 t11,198 £13.792 É5.557 £11349 £11.195 E2,121 £2.121 £2,175 £3223 £1.717 £5,371 £5,378 £16.421 £17,392 £7,702 £88,560 £30.191 £73248 21bl Othorimdlty •¢*dYd £3,710 £415 .185 £2.028 £3,TTD £415 t4.185 E2.02e 21d> Otr•rlnctyM £310 £fj,D76 £1,&31 Total In¢tynlng r•￿ul may bB minc* diwwnd88 in th• to￿ du• totho penm Mt E76,907 Pagg11 THE PAROCHIAL CHURCH C¢XINCIL OF THE ECCLESIASTICAL PARISH OF ST. STEPHEN, LINDLEY. HUDDERSFIELD No*S toth8 Fina￿91 sla1￿￿ts Icth)1n￿j Fortr* wendng 31 DxwDt¢r3)23 3. R•8our¢•• Exp•nd•d Unr•th Tl￿ e1,>J4 £2,127 FurthaNkq Tr*J*4.O#vl•J*opl B•ikthar993wd to £1 £2.127 £58.49) £*49) £58,4 £58,WJ t42.7ce £42,n £IM47 £1,047 £2,140 £791 t2.14Q £1,rn £3,978 £3.978 t135 £135 £75 £1238 £1238 £497 £497 £823 £1.870 £1.870 £1.517 Churth Ind u*+ ChJrth.Mfflni8trth co Churth. mantw￿0& up Cfoth.V*id• ¢4ats ChLYth. InwJMctctéts £1.919 £1,919 £4.rM £17,V U.315 £S159 Chwth.El& ChLvr*. Gas £1051 £1,851 £l.Wl e3,147 ,147 £3,168 £155 churCh.T818￿ & BthJt*nd £252 £252 £22,112 £8.971 oi,t33 t77,498 £0 £87.477 £8,911 £9S.44e £66.542 1¢) GoV•rn*￿eOlts IrAlepe￿[rtExrn Feej PCC rx•lB Totsl RMouru¥ Exp•nd•d Therè may be In th• to tho pwca rtl bolng ahty* £10375 IIT5 Page 12 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. STEPHEN, LINDLEY, HUDDERSFIELD eNlrvJ 31 DecArrlM20rd Curr•nt A•••l• FLY FU￿ Funds Tcai3J23 T&a2022 lil D4btoY*& Pryyww £6.127 t6.370 £417 £417 £6 £6.787 .197 4bl Shortt•rm Un*L*J £7,WJ5 £T. £1.411 £i.ou) £1,tKJJ £1, Totd •hortt•nn thpts £14.491 £1,1 £16,CI3 £10.474 f27AS) e31.074 E9,W5 £27,450 E37255 £31.674 £1(911 ia4 £1.th) t￿,125 5. Ll•bllltl Amwntshmnq du• *lthkn oMy••r F F••$ Vk8rs DLgc¥BiVmry FuTrJ £2 f229) £5278 £153 Bul¢Yrys T•1 £fm £4104 6. Trustts• R•mun•ratlon & Expon••8 £791 e1, ¢7 £i,ns Dwrqthè￿8r￿?*wts0 roc•W anyr*Nner8kn ut4n8fft yeorndlfrcffl Ststs 7. R•lat•d p•rtl•8 glvlng £11A57 £23,581 Totsl £11137 £11J24 8. Op•ratlnglo•￿* ExF*$4d fvbjrn minThum *s8 pa￿￿ts on the wtha romwrfjr8 IKoof loa88 aNty80d Into th8 r4th1 kn whb*tr* r￿￿￿ntfIL$ dl￿.. Wmhln Ne yo8r In the third to fifth Jw8 indwè £1.rth) £1.020 £4,078 £4.r 9. Funds h•ld a• Aq•nt 88l•ncgeii Page 13 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. STEPHEN. UNDLEY. HUDDERSFIELD P4Jtssbthè Statsrn8nts1c£rfrrt￿1 For the year endlng31 DecembeT 2023 10 Tonglbl• Flx•d A•Mt* E10, Tot4 FWAB £11931 11. Flxod *A¥•t Inv••tsn >)0 Tth12 l Jw¥y2¢J23 t29￿14 £14. ESI £1.39) Q11 £1.515 45.124 C•rrylrw4 vIy•4t31 D•c4nts2023 É29,404 £0 E3.745 £14￿10 £47.659 £46.084 12 F￿￿[AnI￿% FUTr 1knwy 20 Trwth Ethl 31 O•sMral Fwnd £41. £41.￿9 £92.3 £92.330 489,245 89,245 £11, £11,564 £1.390 £1,390 e57.447 £57,407 ,1 £7.865 Ags FLf QS,717 £14, 10,275 £510 4510 £lQ.554 410.554 411.064 10215 É211 £38.401 È1,(¥J) £4.¥37 £1.mO £53J1 CCIA ErdY￿j2 £4.103 £0 -t191 12 £0 12 E517 Orw&U £1,057 -£13 £574 £3A15 13 £574 £16.036 5(N) £15.510 TOTAL £1.$75 Bell [￿kfvnd. lwds￿1**￿rtC￿thOdwJrth tds, sb3nffic8n1rroN￿arts DJ51s. Nobc* knrd. putheofa rffwnrlice TTar*ks tmrds eitsts arowldwed M the4￿nts.. Page 14 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. STEPHEN. LINDLEY. HUDDERSFIELD ststomont of Flnan¢W A¢tMd•s 13.. tsthg yow •￿￿r*j 31 [*￿r2022 In¢orn• and •I￿Valm•￿ts from: Fwnth Fur Fur Tats12023 21al 21bl 21cl 21dl £72,748 £73241 £1.911 £1.631 £117 £1.831 vfjjyo £117 Exp￿￿11Ur• on: 3(11 £432 £432 .392 1¢1.8,7 £67175 G•ln•llouN on In¥••tm•nt au•ts 41,612 -ES,124 N•t In¢om•l•xp•ndllur• Mour￿• Um4 £1156 41,142 Tr•n•f•Y• Oth•r r•¢oonl••d o•ln• I los••• N•t mo¥•m•nt In lund• 1.142 To¢•1 Fund• brought fon¥*rd Ul374 U4•b7 £17,116 £OU19 Trnn%fw• b•lw••n fvnd• (from pr•vlou6 >wr•l 12 t4fX8 Twe mayt4 I￿r￿￿ In tsloW¢dthlo trffjwx•not Pag8 15