2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Peter's, Addingham

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

ANNUAL REPORT AND FINANCIAL STATEMENTS

For the year ended 31 December 2022 The Parochial Church Council of St Peter’s Addingham Registered Charity : 1134446

2022 Report and Accounts for the Parochial Church Council of St Peter’s Church, Addingham

Registered charity number : 1134446

Aims and purposes

St Peter’s Parochial Church Council (PCC) has the responsibility of co-operating with the Incumbent, the Reverend Mark Cannon in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social and ecumenical. The PCC is also specifically responsible for the maintenance of the Church and Church Hall at Church Street, Addingham.

Objectives and activities

The PCC is committed to enabling as many people as possible to worship at the church and to become part of the parish community at St Peter’s. The PCC maintains an overview of worship throughout the parish and makes suggestions on how services can involve the many groups that live within the parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament.

When planning activities for the year, the Charity Commission’s guidance on public benefit has been considered, in particular, the supplementary guidance on charities and the advancement of religion. In particular, the PCC tries to enable ordinary people to live out their faith as part of the parish community through :

Worship and prayer;
Learning about the gospel; and developing their knowledge and trust in Jesus
Provision of pastoral care for people living in the parish
Missionary and outreach work

To facilitate this work, it is important that we maintain the fabric of the Church of St Peter and the Church Hall.

Financial Review

In the year to 31 December 2022, the net income of the year can be summarised as follows :

	2022 2021
Surplus/(Deficit) on sales and revaluation of the parish investments £ (74,119) £ 46,038
Deficit in the day to day running of the parish	£ (40,331)	£
(64,912)
Total	£ (114,450)	£
(18,874)

The above figures demonstrate how dependent the Parish is on the investment income. In the past few years the Parish has made considerable surpluses on its investments. The year 2022 was, however, a very bad year for those investing in Stock Market investments. Whilst the

Parish still has very considerable reserves, the Church Council has decided that efforts should be made to increase the giving of the congregation to reduce the deficit on day to day running of the parish which includes our payments to the Diocese. These payments, known as Share, are a contribution to Diocesan expenses which includes the salary and housing of our Rector as well as a contribution to the costs of the Diocese and also costs incurred by parishes less fortunate than ourselves.

It should be highlighted that St Peter’s has paid the full amount of the share requested by the Diocese for the last 30 years and more, a record few parishes can match.

Whilst the effects of the COVID-19 pandemic has been less in 2022 than in the two previous years, there remains some after-effects. Great efforts have been put into enabling parishioners to follow services online and the success of this project has resulted in less actual church attendance. Nevertheless, there are signs that attendances are improving. One significant factor has been the recruitment of Tamsin Waddilow-Carr to be the Family Worker which has attracted families to the monthly family service as well as Messy Church. This is an added cost for the Parish, but this is money well spent if, as is happening, it does bring younger people to St peter’s.

The year has, of course, like last year been dominated by the COVID-19 pandemic with the Church used only with limited numbers in the congregation, partly because of Government regulations and partly due to parishioners being hesitant to attend services with the possibility of catching the covid virus. As with other churches, charities and also commercial enterprises, this does have an effect on the Parish finances and it is hoped that as the pandemic falls away, normal life will help the ongoing deficit decreasing and the Parish being less reliant on its investment income.

Most income and expenditure items were roughly in line with the previous year. Fees for using the Hall did increase, probably due to local people being less concerned about the pandemic. The amount the Diocese requested as share did reduce for 2022 and, as noted above, was paid in full.

Every five years, a report on the fabric of all churches is made to their Diocese to enable the state of repair to be monitored by the property arm of the Diocese. This can be a cause of great concern to many parishes who fear that the report may identify that great expenditure would be required. However, it can be reported that our architect found little cause for concern when he had issued his quinquennial report, that is his five-year report, and the annual repair and maintenance expenses was far less than the previous year. However, this is unlikely to be repeated in 2023 as some trees had been identified as a possible danger to passers-by and will need cutting back.

Reserves Policy

It is the policy of the PCC to maintain sufficient reserves invested so that investment income supplements the other income of the parish. It is the long term aim of the PCC to generate sufficient funds to pay the Church’s payments to the Diocese and every other day by day expenses without utilising this income which can then be used for other projects.

Volunteers

The PCC would like to thank all the volunteers who helped the Parish through this year. Particular mention should be made of the wardens, Joy Harper and Penny Crisfield and all of those who contributed to a new norm, that of worshipping online. They have worked so tirelessly on behalf of the Parish.

Structure, governance and management

The PCC is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC is a registered charity.

The method of appointment of the PCC is set out in the Church Representation Rules. At St Peter’s, the membership of the PCC consists of the Incumbent (our Rector), church wardens, the reader and members who are elected by those members of the Church who are on the electoral roll. All members of the congregation who attend our services are encouraged to register on the Electoral Roll and stand for election to the PCC. PCC Members are elected for three years at the Annual Parochial Church Meeting.

The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. A report on the work of the PCC is attached and this includes details of the number of meetings and the attendance.

The full PCC met eight times during the year and the average attendance was tthirteen. Given its wide responsibilities, the PCC has three sub-committees, each dealing with a particular aspect of parish life. These committees are the Standing Committee, the Investment Committee and the Physical Resources Committee. In addition there are Working Groups covering Worship, Communications and Pastoral Care. The Sub-Committees and the Working Groups report back to the PCC regularly with minutes of their decisions being received by the full PCC and discussed as necessary.

Administrative Information

St Peter’s is situated in Church Street, Addingham. It is part of the Diocese of Leeds, within the Province of York and within the Church of England. The Church Council is registered with the Charity Commissioners under the name “The Parochial Church Council of the Ecclesiastical Parish of St Peter’s Addingham” and has the registered charity number of 1134446.

Being a charity, the members of the PCC are also the trustees of the church.

PCC members/trustees who have served at any time from 1[st] January 2022 until the date of this report was approved are :

Ex officio

Incumbent : The Reverend Mark Cannon Lay Reader : Mrs Anne Hodgson Wardens : Ms Penny Crisfield Mrs Joy Harper

Representatives on the Deanery Synod :

Professor Arthur Francis (also Diocesan Synod member) Ms Jacqui Hand (retired 27 September 2022) Mr Roger Bainbridge

Elected members :

Mr Gordon Atkinson ( retired 15 May 2022) Mr Roger Bainbridge Mrs Christine Bean Mr Keith Boothroyd Mrs Lucy Comerford Mr Ian Hepworth (Treasurer) Mr John Holdsworth Mrs Judith Idle (Deputy Warden) Mrs Sue Settle Mr Matt Waddilove-Carr Mrs Margaret Widdowson (retired 15 May 2022) Miss Judith Worsnop

Friends of St Peters Addingham

FOSPA, as it popularly known is a separate charity registered with the Charity Commission with the charity number 513674. It was set up to raise money for the Parish by serving teas on a Sunday afternoon mainly to visitors to the Parish, which it has done for many years. Its accounts are shown separately. Due to the pandemic, the FOSPA did not operate in 2021.

Independent Examiner’s Report to the Trustees of St Peter’s Church, Addingham, Parochial Church Council

I report on the accounts for the year ended 31[st] December 2022

As trustees of the charity, the members of the PCC are responsible for the preparation of the accounts. They consider that an audit is not required for this year under Section 144(2) 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 the Charity Commission under Section 145(5)(b) of the 2011 Act, and
State whether particular matters have come to my attention .

Basis of Independent Examiner’s Statement

My examination was carried out in accordance with the general directions given by the Charity Commission.

An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts.

Independent Examiner’s Statement

In connection with my examination, no matter has come to my attention :

(1) which gives me reasonable cause to believe that, in any material respect, the requirements

to keep accounting records in accordance with section 130 of the 2011 Act; or
to prepare accounts which accord with the accounting records have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

J Bridgford Chartered Accountants, 17 The Grove ILKLEY. 23rd March 2023

ST PETER'S PAROCHIAL CHURCH COUNCIL OF ADDINGHAM BALANCE SHEET AT 31ST DECEMBER 2022

Note FIXED ASSETS Tangible assets 6 Investments 7 CURRENT ASSETS Debtors 8 Short term deposits Cash at bank LIABILITIES Creditors : Amounts falling due in one year : accruals 9 NET CURRENT ASSETS TOTAL NET ASSETS PARISH FUNDS Unrestricted 11 Restricted 11 Endowment Funds 11	2022 £ 127,348 440,179 567,527 13,721 7,118 11,571 32,410 1,099 31,311 598,838 1,893 232,955 363,990 598,838	2021 £ 129,092 563,981
		693,073
		10,588 10,197 13,864
		34,649
		3,356
		31,293
		724,366
		13,592 232,334 478,440
		724,366

Approved by the Parochial Church Council on 21 March 2023 and signed on its behalf by :

I R Hepworth Treasurer

The attached notes form part of these accounts

ST PETER'S PAROCHIAL CHURCH COUNCIL OF ADDINGHAM

Mary Coates Fabric Fund Income & Expenditure - Restricted Fund 2016 2015 2014 £ £ £ Receipts Investment Income - Mills Bequest 120 120 Other Investment Income 180 180 Collection for Fabric Fund Surplus for the year 300 300 Hilda Holmes Bequest Fund Income & Expenditure - Restricted Fund Receipts Investment Income 0 1,062 Investments Revaluation -992 49 Historic Buildings Grant 4528 - 3,536 1,111 Payments Insurance 2,261 Water 301 Repairs 2,672 Cleaning 5,351 Organ service 150 Gravelling Field Sundries Brokers Charges 280 Depreciation of Hall 2,868 13,883 Surplus for the year - 12,772 Betty Jackson Fund Bequest Fund Income & Expenditure - Restricted Fund Legacy received - Simulator bell system - Surplus for the year - Phyllis Holmes Fund - Expendable Endowment Receipts Income from Investments 17,856 Profit/Loss on Sale of Investments 1,121 Investment Revaluation 6,467 25,444 Payments Stockbrokers Charges 2,580 Youth Network 2,000 4,580 Surplus for the year 20,864	Mary Coates Fabric Fund Income & Expenditure - Restricted Fund 2016 2015 2014 £ £ £ Receipts Investment Income - Mills Bequest 120 120 Other Investment Income 180 180 Collection for Fabric Fund Surplus for the year 300 300 Hilda Holmes Bequest Fund Income & Expenditure - Restricted Fund Receipts Investment Income 0 1,062 Investments Revaluation -992 49 Historic Buildings Grant 4528 - 3,536 1,111 Payments Insurance 2,261 Water 301 Repairs 2,672 Cleaning 5,351 Organ service 150 Gravelling Field Sundries Brokers Charges 280 Depreciation of Hall 2,868 13,883 Surplus for the year - 12,772 Betty Jackson Fund Bequest Fund Income & Expenditure - Restricted Fund Legacy received - Simulator bell system - Surplus for the year - Phyllis Holmes Fund - Expendable Endowment Receipts Income from Investments 17,856 Profit/Loss on Sale of Investments 1,121 Investment Revaluation 6,467 25,444 Payments Stockbrokers Charges 2,580 Youth Network 2,000 4,580 Surplus for the year 20,864	Mary Coates Fabric Fund Income & Expenditure - Restricted Fund 2016 2015 2014 £ £ £ Receipts Investment Income - Mills Bequest 120 120 Other Investment Income 180 180 Collection for Fabric Fund Surplus for the year 300 300 Hilda Holmes Bequest Fund Income & Expenditure - Restricted Fund Receipts Investment Income 0 1,062 Investments Revaluation -992 49 Historic Buildings Grant 4528 - 3,536 1,111 Payments Insurance 2,261 Water 301 Repairs 2,672 Cleaning 5,351 Organ service 150 Gravelling Field Sundries Brokers Charges 280 Depreciation of Hall 2,868 13,883 Surplus for the year - 12,772 Betty Jackson Fund Bequest Fund Income & Expenditure - Restricted Fund Legacy received - Simulator bell system - Surplus for the year - Phyllis Holmes Fund - Expendable Endowment Receipts Income from Investments 17,856 Profit/Loss on Sale of Investments 1,121 Investment Revaluation 6,467 25,444 Payments Stockbrokers Charges 2,580 Youth Network 2,000 4,580 Surplus for the year 20,864
	300 300
	0 1,062 -992 49 4528 -
	3,536	1,111
		2,261 301 2,672 5,351 150 280 2,868
		13,883

		- 12,772
		- -
		-
		17,856 1,121 6,467
		25,444
		2,580 2,000
		4,580
		20,864

ST PETER'S PAROCHIAL CHURCH COUNCIL OF ADDINGHAM NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2022

3. EXPENDITURE Giving to missionary societies Giving -relief & development agencies Other donations to support charities Diocesan parish share Parish Administrator (note 4) Working expenses of Clergy Insurance Organ service Church maintenance Cleaning & Gardening Service costs Bellringers & Bells Printing, postage and stationery Telephone Proposed hall extension costs Depreciation of equipment (note 5) Water Heat & Light Cost of independent examiner Youth Worker Other payments 3(b) Raising Funds Printing the magazine Brokers charges TOTAL RESOURCES EXPENDED 3(a)Church Activities	Unrestricted Restricted Endowment TOTAL FUNDS Funds Funds Funds 2022 2021 £ £ £ £ £ 3,000 - - 3,000 3,000 1,000 - - 1,000 1,000 150 - - 150 1,330
	4,150 - - 4,150 5,330 - 74,744 - - 74,744 77,357 4,234 - - 4,234 3,364 2,000 - - 2,000 1,426 3,059 - - 3,059 2,945 180 - - 180 500 6,264 - - 6,264 14,468 6,408 - - 6,408 7,310 405 - - 405 148 - - - - 108 4,043 - - 4,043 1,826 997 - - 997 1,669 1,489 - - 1,489 462 5,656 - - 5,656 9,330 432 - - 432 205 3,388 - - 3,388 4,384 300 - - 300 300 2,773 - - 2,773 - 4,840 - - 4,840 4,648
	125,362 - - 125,362 135,780
	399 - - 399 1,596 - - 2,723 2,723 2,870
	399 - 2,723 3,122 4,466

	125,761 - 2,723 128,484 140,246

4. REMUNERATION OF EMPLOYEES AND COUNCILLORS

The only paid employee is the parish administrator. The amount payable related to gross wages. No national Insurance or pension fund contributions were made during the year.

Fees charged for weddings and funerals include payments to verger, sacristan and organist, which are not included in the accounts of the PCC.

5. ANALYSIS OF TRANSFER BETWEEN FUNDS

Current surplus on endowment fund	General P.Holmes Unrestricted Endowment Total £ £ £
	52,000 -52,000-