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← The Parochial Church Council Of The Ecclesiastical Parish Of All Saints-Boyne Hill

2023-12-31-accounts

ALL SAINTS CHURCH BOYNE HILL MAIDENHEAD

CHARITY NUMBER: 1134396

ANNUAL REPORT AND ACCOUNTS OF THE

PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDING 31 DECEMBER 2023

Trustees’ Annual report for the year ended 31 December 2023

Report of the PCC (Parochial Church Council)

Aims and Purposes

The Parochial Church Council (PCC) of All Saints Church has the responsibility of supporting the incumbent, The Rev’d Jeremy Harris, in developing the ecclesiastical parish, promoting the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

The PCC plays a key role in safeguarding children and vulnerable adults amongst the congregation as well as those visiting the Church. The Parish Safeguarding Officer oversees the Safeguarding Policy and its implementation, and works with the PCC to ensure full compliance with Church of England and Diocesan Safeguarding and Safer Recruitment requirements.

In addition to its responsibilities for the maintenance of the church itself, the PCC is also responsible for the maintenance of the church buildings in Church Close, Boyne Hill, Maidenhead.

Aims and Objectives

The PCC is committed to enabling as many people as possible to worship at All Saints Church and to become part of our parish community at All Saints. The PCC also actively promotes mission outreach and encourages community and schools’ groups to use the Church for activities and worship. The PCC maintains an overview of worship throughout the parish and makes 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, scripture, music and sacrament.

This is encapsulated in All Saints Vision and Mission Aims Statements below.

The Vision of All Saints

The vision of All Saints is:-

TO ENCOUNTER CHRIST IN WORD AND SACRAMENT

To be drawn into the story of faith to live the story of faith.

This is the story of the early disciples seeing Christ following the crucifixion and then encountering him in the word (Bible) and the sacrament (Supper at Emmaus) or Eucharist. They realised that he was alive and that they were to return to Jerusalem to be HIS body in the world. This is partaking to become. All that we do should enable us to encounter our risen Lord and try to share HIS life with others. This will be in our Worship, our welcome, our ministry to schools and outside bodies, and in all our contacts and connections.

Within the All Saints Community this has been summarised in our Mission Aims Statement, which brings together the actions needed to achieve our Vision.

The Mission Aims of All Saints:-

The Mission Aims of All Saints are:-

TO BE A WELCOMING CHURCH FAMILY, ENCOURAGING AND SUPPORTING PEOPLE OF ALL AGES ON THEIR JOURNEY TO FAITH AND RELATIONSHIP WITH JESUS; THROUGH VIBRANT EUCHARISTIC WORSHIP , SUPPORTIVE SMALL GROUPS AND STRONG COMMUNITY AND SCHOOLS OUTREACH TO BUILD A JOYFUL AND SUSTAINABLE FUTURE, ENABLING OUR COMMUNITY TO LIVE AND SHARE IN THE LOVE OF GOD.

When planning our activities for the year, the Charity Commissions’ guidance on public benefit has been considered along with the supplementary guidance on charities for the advancement of religion. All Saints seeks to enable ordinary people to live out their faith as part of our parish community through:

Maintenance of the Church Buildings of All Saints, along with the support of many volunteers, is needed to facilitate this work.

2023 Overview

The slow return to Church experienced during 2022 following the Coronavirus and Covid-19 pandemic continued during 2023. This continued during the year with the in-person services, meetings, pilgrimages and social events. No virtual on-line services were offered as these had not proved to be well utilised enabling the Church resources to be focussed upon in-person activities and interactions.

Following the catch up in Baptisms during 2022, the level of Baptism returned to a “normal” level during the year. The continued return to Church aided the Church finances with a significant increase being seen in planned giving which helped the Church offset a high level of maintenance and repair spending arising due to “catch-up” needs. The finance section of this report covers this in more detail.

The local Holiday Inn Hotel continued to be used for Asylum Seekers with several in regular contact with the Church, including several Iranian Christians. The Church helped in whatever way it could with Christian nurture and a member, who had previously joined the local branch of Care4Calais, continued to help provide support, especially in assisting with placing children in local schools and colleges. The Asylum Seekers became a significant part of the congregation and the Church put on English Lessons and occasional hospitality sessions to help welcome them. Several also undertook Bible Studies and were Baptised and Confirmed. Some put on food lunches to raise funds for charities. Several are now moving away having been given leave to remain and being relocated.

Regular contact was maintained with members of our congregation and those potentially in need, including home communion visits for those who, post-Covid, were no longer in a position to attend Church. As well as personal contact, communication was also maintained via the web-site, along with a weekly newsletter which continued to go to over 200 people.

Activities and Achievements

As a church family, and as individuals, the parishioners of All Saints Parish Church, Boyne Hill aim to meet the Vision and Mission Aims developed by the PCC, in consultation with the congregation and the local community. That is ‘to be a welcoming church family, encouraging, and supporting people of all ages on their journey to faith and relationship through vibrant Eucharistic worship, supportive small groups and strong community and schools’ outreach to build a joyful and sustainable future, enabling our community to live and share in the love of God.’

The Parish had previously undertaken a review of its Mission aims and objectives. Through encouraging the parish to listen to the word of God through reflective Bible reading and listening to each other within the congregation as well as engaging with the community, the key areas discerned for focus are:-

These three aims are underpinned by three key areas of enabling Church Sustainability:-

Worship, Prayer and Ministry

The worship team reviewed their focus to meeting the needs of the community whilst restarting the programme of services.

Regular Sunday Services were complimented with a Regular Wednesday Service, Morning Prayer during the week and with a children focussed service and hospitality event monthly.

In partnership with two local Churches (St Luke’s and The Church of the Good Shepherd) a regular Sunday evening service was provided by rotation around the three Churches and rotation with Zoom which gives availability for those unable to attend Church.

A pilgrimage to Walsingham was also arranged during the year.

Schools, Children and Families Ministry

In our three church schools and three other community schools we normally offer a combination of assemblies, classes in church, school services at schools and services which take place in the church.

Altwood School was supported through the provision, on a part-time basis, in conjunction with St. Peter’s Church (Maidenhead), of a School Chaplain, who is working with Fr Jeremy of All Saints.

The ecumenical Open the Book team shares the Bible stories with up to 500 children each week of the academic year; having moved to producing Zoom recordings during the pandemic, they returned to inperson team visits to the schools.

Ministry included regular All Age Services, Sunday School and weekly Tiny Saints mother and toddler activities, which were complimented with a monthly Sunday afternoon service for families ~~, a~~ long with a BBQ in the Quadrangle, when the weather allowed.

The three members of our congregation (along with Fr Jeremy) who act as school governors, across the three church schools, continued to support the running of our schools within the community.

Welcome

The Welcome Group continued to work hard during the year to improve welcome with the extended opening hours of the Church (promoted with “A” Boards). Trips and social events were also arranged.

We are grateful to all of the volunteers who assist, ranging from Sides Persons who greet and guide, refreshment providers and cleaners who manage under difficult conditions, to make the All Saints a welcoming Church and community at all levels.

Use of the Church Quadrangle and Christmas Market

During discussions with the community, it was established that there was a desire for more use to be made of the Church Quadrangle.

With this in mind a Christmas Market was also planned and took place in November 2021. This was repeated in 2022 and 2023; however, the poor weather during 2023 had an impact upon it’s success. The Salvation Army Carols in the Quad was combined with the market and was well received and attended.

Monthly Sunday afternoon BBQs were also held in the Quad during the summer months.

Baptisms, Weddings and Funerals.

During 2023 All Saints supported families from the church and wider community with, sadly, 17 funerals (10 taking place in Church, along with 3 Burials of Ashes). The number of Baptisms was 35; a reduction from the high level of 55 Baptism during 2022 following the backlog when the Church reopened. There were also three weddings in the year. Thanks go to both our Vicar, Priest, Fr Jeremy who, along with Fr John, undertook the sad funeral support and celebrated the Baptisms and Weddings.

Confirmation Service

In November 2023 the vicar and church wardens accompanied twelve Iranian Asylum seekers to the confirmation service at Reading Minster, to be confirmed by the Bishop of Reading, Olivia Graham. The Minister church gave a warm reception and we shared hospitality following the rehearsal; this was followed by a wonderful service where the Iranian community, having followed a nineteen week confirmation course accompanied by bible studies, were confirmed alongside candidates from seven other parishes across the Reading Archdeaconry.

Diocesan and Deanery links

All Saints Boyne Hill is represented on the Deanery Synod by Fr Jeremy as a Clergy Representative and by Rod Broad, John Bolodeoku and Kenneth Smith as Lay Representatives. Fr Jeremy and Rod Broad were are also members of the Deanery Standing Committee during the year, with Rod Broad taking the role of Deanery Treasurer at the end of the year. In addition Fr Jeremy is a Clergy Representative on the Diocesan Synod.

Parish Centre activities

Our Parish Centre usage continued to recover during the year. Community groups returned with the AA, the Brownies and Rainbows as well as the Tiny Saints Parent and Toddler Group which offered activities, healthy food and a nursery rhyme service each Friday for parents and toddlers. Some regular community bookings were in place along with a limited number of bookings for parties and community events. The Parish Hall is also the local election centre for Boyne Hill.

Church Sustainability

We have a good number of volunteers who are working hard in areas of finance, stewardship, administration and buildings work, although these have reduced significantly in recent times. Our members are guardians of a Grade 1 listed building designed by the Victorian architect George Street, who also designed the London Law courts. The community of buildings at All Saints is in the design of an Oxford college and continues to serve the Alms houses that are part of the complex. We also have experienced people who are willing to give their time to ensure we comply with all regulatory requirements; this is especially helpful with respect to the matters of Health & Safety, Safeguarding and, GDPR.

With the increasing regulatory demands being placed upon the Church Office, along with health issues leading to a shortage of office volunteers, the PCC agreed to employ, and fund, a part-time paid Parish Administrator. Also, due to ill health, two other office administrative volunteers could not return, which may lead to the need for further assistance in the future. Following the “retirement” of our volunteer financial administrator/book-keeper the current Parish Administrator was trained and took on this role on an additional paid basis. (Which has led to the nearly £7k increase in staff costs).

Buildings

The challenges of maintaining the fabric of a Grade 1 listed building and a collection of Grade 2 and 2* buildings continue. The floor restoration project was completed and there are several high reach restoration items pending.

Following the sad death of the Church Architect a new Architect was appointed and the needed pending work is being reviewed during 2024. Of particular concern is a crumbling chimney and a fallen cross which has put the Birinus Garden out of bounds. The Church Building fund is expected to be able to cover these major needs.

The Parish Centre heating system had reached the end of its life and a replacement was made during 2023 for the aging electric storage heater system.

The Parish commissioned an Energy Audit which looked at proposals for the Church, and also the Parish Centre. This was received in 2023 and is under review.

Social Media

As commented the Church social media presence (web-site, Facebook and Twitter) was vital for communication during the pandemic and, post pandemic period, and continues to both be a source of information as well as a helping generate interest in All Saints.

Volunteers

Fr Jeremy Harris as the Parish Priest, along with the PCC of All Saints, would like to express gratitude to the many volunteers that contribute to both the running and the mission at All Saints Church.

Electoral Roll

The number on the parish electoral roll as at 31st December 2023 was 150. This is a slight increase from the previous years’ number of 148.

Financial Review

Although the year ended with a deficit, both in the General Fund and overall, this was an improvement over expectations. This was mainly due to the significant increase in planned giving of some 25% arising both from generous new givers along with many givers, giving via the Parish Giving Scheme, having agreed to increase their giving automatically by the rate of inflation, which was very high at the start of the year.

Total receipts received from a variety of sources in 2023 came to £184,597 with total payments during the year of £198,222. For 2023 the General (Unrestricted) Fund (which is the day to day running of the Church fund) was generally ahead, supported by the increase in planned giving, of the anticipated outcome having received incoming funds of £160,234 with outgoing funds of £175,210, giving a deficit of £14,967. The General (Unrestricted) Fund, standing at £92,332 at the end of 2023, is in a strong position to absorb these levels of deficit currently and in the short term future.

Following the sad death of the Church Architect in 2022, which limited spend on Church maintenance and repair, 2023 saw a significant, expected, increase in expenditure in 2023 of some £13k on Church Maintenance, along with an increase of some £9k on maintenance and repair costs for the let properties. This is expected to reduce in 2024 following the catch-up. There are some major high level works pending for the Church; it is anticipated that the Church Restoration Fund (standing at £69k at the end of 2023) will be able to cover major works that may be evaluated and agreed for the Church in 2024.

The Parish Centre also needed a new heating system in 2023 at a cost of £11.7k. The PCC received a generous donation of £6k to help offset this cost.

The PCC’s four year fixed price energy contracts (electricity and gas) came to an end in 2023. These have been renewed and the total annual cost would be an increase of circa £6k pa, hopefully this will be reduced by careful stewardship along with improved efficiencies from the new Parish Centre heating system.

The Planned Giving increase was to £60,938 in 2023, from £48,597 in 2022 (excluding gift aid reclaimed, which also increased by some £3.5k). Collections at services reduced slightly in 2023 compared to 2022. This reduction mainly came from a reduction in free giving at the reduced number of Baptisms, along with potentially some free plate givers having transferred to the Parish Giving Scheme.

In terms of other income property rentals held steady at £45,112 and the Parish Centre rentals increased to £5,898, from £3,735 in 2022.

The Floor Restoration Project, which had reached Practical Completion in 2021, received, and paid, the final retention invoice during 2023. The Floor Restoration Fund held a total of £12,242 at the end of Nov

2023; this mainly arose from a generous giver who made a significant additional donation to aid cash flow during the project and several givers who carried on monthly giving after their original pledge. The floor restoration fund was closed in Dec 2023 and, with the agreement of the relevant donors, the £12,242 was transferred to the Church Restoration fund. The floor restoration project overall cost was approx. £253k (after VAT reclaims) which was funded by generous donations, grants and fund raising.

During the year two new bank accounts were opened at Lloyds – one a 32 day notice deposit account and the other a 12 month fixed term deposit account. The accounts were opened with funds which were transferred from both the Lloyds Current Account and the Lloyds Instant Access Deposit Account. This was to take advantage of the increase in interest during the year.

To aid clarity and visibility the accumulated income of £13,232 arising from the Education Endowment was transferred from the Education Endowment Fund to the Education Restricted Fund. This enables a clear view of the Endowment and also a clear view of the income funds available to be utilised for the purposes of the Education Fund.

A project was completed for Altwood School Christian Union which was funded by a £2,500 grant from the Oxford Diocese Development Fund and by £768 from the Education Fund.

The PCC have agreed to the Parish Share request for 2024 from All Saints Boyne Hill of £74,259, similar to the agreed amount for 2023 of £74,523. The payment is being made by Direct Debit to the Diocese. This method of payment also attracts a 1% rebate (based upon all payments being made on schedule).

Reserves Policy

At the end of 2023 the PCC held designated reserves of £62,571 as a contingency for either unforeseen expenditure, or for unforeseen reduction in unrestricted income.

No change is being made to the reserves as this is broadly in line with the PCC Reserves Policy, which is to hold reserves of six months unrestricted operational expenditure to enable operation during an unforeseen reduction in unrestricted income or unforeseen expenditure.

Structure, governance and management

The PCC has been formed under the Parochial Church Council (Powers) Measure 1956.

PCC members are recruited in a number of ways. The clergy, LLM and Churchwardens are members by the virtue of their office. Deanery Synod representatives are elected by the Annual Parochial Church Meeting (APCM) and hold office for three years. Other members of the PCC are elected for one, two or three years at the APCM.

The Churchwardens are elected annually at the APCM, which was held on April 24[th] 2023. Mrs Sue Stannett was also re-appointed as the Electoral Roll Officer.

The PCC is responsible for the appointment of a Treasurer and in April 2023 the PCC appointed Rod Broad as Treasurer for a further term, elected Dr John Bolodeoku as Vice Chair of the PCC and also appointed Stella Harding as the Parish Safeguarding Officer and David Morgan as the PCC Secretary.

The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding how the funds of the PCC are to be spent. Given the wide responsibilities of the PCC a number of committees and groups operate, each dealing with a particular

aspect of parish life. There are the following committees and groups which all report to the PCC on a periodic basis:-

Standing Committee – This committee consists of the Vicar and Churchwardens as ex-officio members. A minimum of three more members are elected annually by the PCC. Current members are the Treasurer, Deputy Churchwardens and the PCC secretary. They have the power to transact business of the PCC between PCC meetings, reporting to the full PCC as appropriate.

Worship & Pastoral – This is a changing team of people as needed and chaired by the Vicar, who oversee ~~s t~~ he form of worship and music used in the church, and make proposals for special services. The team also provides guidance for, and facilitates the delivery of, the pastoral activities undertaken. These include, amongst other activities, support for people in Care Homes and for people at home. Teams and structures are also in place to support Baptisms, Weddings and Funerals. Not all members are members of the PCC.

Resources Group – This group, led by a Churchwarden, is responsible for recommending, and enacting, capital works and maintenance of the fabric of all church buildings. Not all members are members of the PCC.

Stewardship Group – This group looks at our planned giving and at ways of encouraging and increasing giving of time, talents and money to support the work of All Saints. The Parish utilises the Parish Giving Scheme, where planned giving can be made by direct debit with the scheme collecting the monies and reclaiming the Gift Aid on behalf of the Parish of All Saints, along with direct giving to the Parish. Not all members are members of the PCC.

Welcome Group – this is a group formed in 2019 and leads the congregation in welcome in its widest sense as noted above. The group also sponsors trips, outings and other events. Not all members are members of the PCC.

Schools and Children’s Groups – These Groups work together to support actively in the local schools in areas of worship, pastoral care and learning, particularly in the Parish’s three C of E schools, and also to plan and supports worship activities for pre-school and primary age children. Not all members are members of the PCC.

Sustainability (Environmental) Group - This group was formed in 2021 and looks at the environmental sustainability of the activities and buildings of All Saints Church. The group is leading the congregation in working towards All Saints becoming an Eco Church. All Saints having gained the Eco Church Bronze award in 2022 continues the sustainability journey. Not all members are members of the PCC. We have over the last 12 months built a relationship with, and supported, the Ripple Effect charity which supports sustainable farming in six African countries.

Safeguarding, Health & Safety and Data Protection

Along with the previously mentioned Parish Safeguarding Officer, who oversees and supports the implementation of the All Saints Safeguarding Policy and Safer Recruitment, , structures and policies are also in place for the management of Health & Safety and Data Protection (GDPR), all of which is reported on by the responsible person at PCC meetings.

PCC Meetings During 2023 the PCC met on seven occasions. The first PCC meeting to elect key roles aftd the Standing Committee for the next year takes place immediately after the APCM (which took place on the 24, April 20231. Administrative Informatlon All Saints Church is situated in Maidenhead and is part of the Diocese of Oxford within the Church of England. The correspondence address is All Saints Parish Office. Church Close, Maidenhead, SL6 4HE. The PCC is registered wlth the Charity Commission and has the number of 1134396. The trustees, members of the PCC. at the time of this report were a5 follows; Ex Offlclo members.. The Rev'd Jeremy Harris The Rev'd John Ainslie Dr John Bolodeoku Vicar and Chair of the PCC NS Assistant Curate IAssociate Mlnisterl Churchwarden and Vice Chair of the PCC: Elected Deanery Synod representative Churchwarden,. Elected Deanery Synod representatlve Treasvrer; Elected Deanery Synod representative Mr Kenneth Smlth Mr Roderick Broad Elected members.. Mrs Stella Hardlng Mr Steven Foley Mr Brian Graves Mr Jeremy Nordber8 Ms Jo Mcmullen Ms Marellie Akoury Ms Laura Nunu Mr Greg Hurst Mr Cameron Sharkev David Morgan Deputy Churchwarden Deputy Churchwarden Co-opted for part year PCC Secretary Approved by the PCC and signed on its behalf by Revd. Jeremy Harris Chair of Trustees Date. o z/oFlzaZI&

io. ALL SAINTS CHURCH 80YNE HILL MAIDENHEAD Flnanti31 Statements for the year ended 31 December 2023 Independent Examlnatlon Report on the Accounts I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2023. This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2CK)8. My work has been undertaken so that I might state to the charity's Trustees those matters l am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trvstees as a body, for my work or for this report. Responsibilities and basis of report As the Trustees of the charitv vou are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the 2011 Act'l- I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examinerfs 5tstement I have completed my examination. I can confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act- or 2. the accounts do not accord with those records,. or 3. the account5 do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccounts and Reports) Regulations 2QK)8 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. Dated.. Signed.. 314[z¥ Richard Rhodes Feltons Chartered Accountants l The Green Richmond Surrey TW9 IPL

ii. ALL SAINTS CHURCH, BOYNE HILL MAIDENHEAD FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" DECEMBER 2023 Recelpts and Payments Accounts Note Receipts: Voluntary Income Unrestrltted Deslsnaied Restrlcted Endowment Total 2023 Total 2022 97,379 55 11,645 109,079 97,291 Activities for Beneratlng funds 1.432 3,133 220 4,785 5,269 Investment Income 1,228 1,225 1,632 1,603 5,688 2,288 Church/Charltable ActlvltSes 14,153 3.945 905 19.003 17,501 Other Income 46,042 46,042 46,368 Totsl Recelpts Payments: Cost of generatln8 funds Cost of generating Voluntèry Inc. 160,234 8,358 14002 1,603 184,597 168.717 2• 767 560 1,327 1.087 2b 84 106 Church/Charitable Activlties 6d 172,237 10,842 11.444 166 194,689 154,379 Governance Costs 2.122 2.122 1.459 Totsl Payments Excess of Recelpts over Payments Gross Transfers between Funds 175210 IIA02 IiA44 166 198322 157,031 114,9761 13,0441 2,958 1.437 113,6251 11.686 14291 614 12,881 113,0661 GalnsllLossl on Investment assets 5,076 5,076 17,1461 Net Movement In Funds 115,4051 12.4301 15.839 16.5531 18,5491 4.540 Funds at 01 January 2023 107,738 81,166 71,223 65,956 326,083 321.543 Funds at 31 December 2023 92,333 78,736 87,062 59,403 317,534 326.083 ststement of Assets and Llabllltles Cash Funds Unrestrlcted Oesl8nated R•strkted Endowm•ffl Total 2023 Totsl 2022 Current Alc 6.898 2,539 19,156 28.593 103,034 Cash in Hand 280 258 130 Deposit AICS Totals Investment Assets St Pauls Ecclesiastical Purpose5 01 CofE 85,155 76,197 67,928 229.280 168,593 92.333 78.736 87.062 258.131 271.757 59.403 59,403 54.326 Assets retained for Church Use No 1,3 & 4 Church Close & Parish Centre 930.000 930,0(M) 930,C4)0 Totals 930,000 930,000 930,000 Revd Jeremy Harris Chair of Trustees Dr John Bolodeoku Vice Chair of Trustees Signed.. Date.. - Signed: Date.. - oz/oy/z£¥2 +

Notes

1. The financial statements of the PCC for 2023 have been prepared in accordance with the Charities Act 2011, which allows non‐company charities with an income of £250,000 or less to prepare receipts and payments accounts.

2. a) Cost of fund raising activities – b) Cost of contactless donations.

3. 2023 Gain on the Educational Endowment fund of £5,076

4. Two additional Deposit Accounts were opened with Lloyds (one 32 day notice and one 12 month fixed term) of £60,000 each in order to take advantage of the rise in interest rates. The monies were transferred from the both the Lloyds Current and the Lloyds no notice deposit accounts. Cash in Hand relates to two Petty Cash accounts, one facilitates small purchases for the Church Office whilst the other facilitates donations and payments for the flower fund.

5. No’s 1, 3 & 4 Church close and the Parish Centre were valued by Waterman & Co Chartered Surveyors in July 2010. This valuation was for accounting purposes only.

6a) Voluntary Receipts
Unrestricted
£
Designated
£
Restricted
£
Planned Giving
60,938(i)
-
-
Collections at Services
8,199
-
-
All other giving/voluntary receipts
11,739
55
10,196
Gift Aid recovered
16,503
-
1,449		 Endowment
£
Total
2023
£
Total
2022
£
-
60,938(i)
48,597
-
8,199
8,700
-
21,990
25,543
-
17,952
14,451
Totals
97,379
55
11,645		 -
109,079
97,291
6b) Church Activities
Service fees retained
3,307
-
-
Service fees collected on behalf of others
-
3,945
905
Parish Centre Lettings
5,898
-
-
Pilgrimages/Parish Holidays/Social Events 4,948
-
-
Book/CD/Diary Sales
-
-
-		 -
3,307
3,154
-
4,850
6,687
-
5,898
3,735
-
4,948
3,920
-
-
5
Totals
14,153
3,945
905		 -
19,003
17,501
6c) Other Income
Unrestricted
£
Designated
£
Restricted
£
Rents & rights of way
45,112
-
-
Church Hire Fees & Sundry
930
-
-		 Endowment
£
Total
2023
£
Total
2022
£
-
45,112
45,768
-
930
600
Totals
46,042
-
-		 -
46,042 46,368
Payments
Unrestricted
Designated Restricted
6d) Church Activities
£
£
£
Donations to Charities
2,075
-
805
Parish Share
73,648
‐
‐
Mission Activities
770
614
4,699
Service Fees Forwarded to Others
-
3,945
530
Staff Costs incl. Honoraria
15,874
‐
-
Clergy Expenses
1,700
‐
-
Parish Centre Running Costs
20,548
-
-
Church Running Costs
37,292
‐
2,717
Major Church Repairs
-
6,283
2,693(ii)
Let Property Costs
15,659
‐
‐
Pilgrimages/Parish Holiday/Social Events
4,671
‐
-		 Endowment
Total
2023
Total
2022
£
£
£
‐
2,880
4,318
-
73,648 73,778
-
6,083
1,672
-
4,475
6,637
‐
15,874
9,166
‐
1,700
2,497
‐
20,548
8,656
‐
40,009
26,876
‐
8,976 10,421
‐
15,659 6,420
166
4,837
3,938
Totals
172,237
10,842
11,444		 166
194,689
154,379

(i) Increase in planned giving mainly arose from the Parish Giving Scheme (PGS) with a combination of generous new givers along with relatively (ii) high inflation linked increases as many givers had signed up for automatic inflation increase on the anniversary of commencement.

7) Fund Balances – Unrestricted, Designated, Restricted and Endowment

Fund Balance
Brought Forward
Incoming
Payments
Outgoing
Payments
Transfers/
Adjustments
Fund
£
£
£
£
General
107,738
160,234
175,211
(429)
Education
65,650
2,189
626
(339)(ii)
Reserves
61,346
1,225
-
-
Church Restoration
55,683
1,270
-
12,242(v)
Floor Restoration
15,837
5,380
8,975
(12,242)(v)
Back of Church
5,749
3,133
560
-
Altwood Sch Christion Union
-
2,500
3,268
768(iii)
Flowers
1,349
2,351
2,308
-
Heating
3,584
-
-
‐
Oak
6,288
50
835
‐
For Others
-
1,710
1,710
‐
Youth
1,212
260
30
‐
Pastoral Care
1,647
350
754
‐		 Investment
Gains/(Loss)
Fund Balances
Carried Forward
£
£
-
92,332
5,076(iv)
71,950
-
62,571
-
69,195
-
-
-
8,322
-
-
-
1,392
-
3,584
-
5,503
-
-
-
1,442
-
1,243
Totals
326,083
180,652
194,277
-		 5,076
317,534

(iii) Includes a transfer of £13,232 from the Educational Endowment fund to the Education Restricted fund to clearly identify accumulated income monies available to spend for the fund purpose separate from the value of the Endowment. The transfer between funds was to balance previous expenditure made on behalf of the Education fund along with 2023 expenditure.

(iv) The Altwood School Christian Union project was funded by £768 from the Education fund along with a £2,500 grant from the Oxford Diocese Development Fund

(v) 2023 Investment gain of the Education Endowment Investment fund of £5,076

(vi) Following completion of the floor restoration project the Restricted Floor Fund was closed and the balance of £12,242 transferred, with agreement from the relevant donors, to the Restricted Church Restoration fund