¢eotfoT* ANNUAL REPORT FINANCIAL YEAR 2022 THE PAROCHIAL CHURCH COUNCIL OF ST PAUL'S SCOTFORTH CHARITh NUMBER 1134789 St Paul's Church 24 Scotforth Road Lan¢2ster LA14ST The parish Offi is in St Paul's Parish Hall [facing the church across the A6] Page lof8
Structure. Governance and Management The Parochial Church Council [PCC] is a "body corporate". The Trustees of this charity are the members of the PCC. The Annual Parish Meeting [APM] held before 31 May each year elects two Churchwardens and members of the PCC. Deanery Synod representatives are appointed for a 3 year lemi of office. Currently our parish has 3 representatives on the Deanery Synod. Rule 14 of the Church Representstion Rules states that Ihe Clergy linsed to the parish. the Churchwardens. and the Deanery Synod representstives are ex4)fficio members of the PCC. At St Paul's the Minister of the Parish is the Chair of the PCC and a lay member of the PCC is to be elected as Vice Chair. St Paul's PCC has decided that the VKe Chair of the PCC shall be the Churchwarden with the longer servi. The PCC has decided thal the PCC should include the following as ex-officio members: one Reader representing all the Readers, the Treasurer, Ihe Secretsry, the Safeguarding OffIr and the Vision Champion. The APM in 2012 decided thal from 2013 the elected members of the PCC should be elected to serve a term of three consecutive years and can serve Iwo consecutive three year tems, after which they are expected to stand down for a minimum of one year before offering themselves for re-election. This policy is inlended to create a balance between retsining experience while introducing fresh instght into the PCC. The PCC aims to have a minimum of three members elected from those who regularly worship at St Paul's Hala Centre. By law the PCC must meet al least 4 times per year. At St Paul's our practice is for the PCC to meet on the first Tuesday of most months. The PCC does nol meet in January, April and Augusl. Page2of8
PCC Membershlp during 2022 Office ands On leaving the parish Left during 2022 Vlcar Pioneer Minister Rebecca Aechtner Claire Cooke Churchwardens Jayne Weatherill Vacancy Note 1 Deanery Synod members Gra Illidge Margaret Ives Phillip Simpson 1st June 2023 18t June 2023 1st June 2023 Elected members of laity Arton Medd Keith Weaiherill Vacancy Vacancy APCM 2023 APCM 2023 APCM 2023 APCM 2023 Katherine Froggatt Jon Humfrey Rebecca Long Chrisline Medd APCM 2024 APCM 2024 I8Jn¢4 during yaaty APCM 2024 APCM 2024 Samuel Dawkins Jennrfer Couchman Vacancy Vacancy APCM 2025 APCM 2025 APCM 2025 APCM 2025 Members Exllfficio Safeguarding Officer Secretary Treasurer Vision Champion Jayne Weatherill John Gedge Brian Threlfall Jim cU1n Note 2 Note 2 Note 2 Indefinite Nole 1: The Church Wardens elected at the APCM in Apriillday a confirmed in Offi al the Visitation in June. In 2022 the elections and APCM took pla in April with the Warden being confinned in Offi at Ihe Archdeacon's Wisitatr'on on 81h June al Lancaster Priory. Note 2: These three appointrnents are made by the PCC at the first meeting after the APCM. Pa8e3of8
The duties of the PCC The Synodical Govemment Measure 1969 contains what might be described as the official "job description. of the PCC. It states.. 1. It shall be the duty of the incumbent and Parochial Church Council to consuft together on matter of general cOnM and Importan in the parish. 2. The functions of the Parochial Church Council shall include: (a) co-operation with the incumbent in promoting in the parish the whole mission of Ihe Church, pastoral, evangelistic, social and ecumenical: (b) the consideration and discussions of matters conceming the Church of England or any other matters of re]lOuS or public interest. but not the declaration of the docirine of the church on any question., (c) making known and PLrtting into effect any provision made by the Di0san Synod or the Deanery Synod, but without prejudice to the powers of Ihe Council on any particular matter,. {d) giving advice lo the Diocesan Synod and the Deanery SynThJ on any matter referred to the Council. (e) raising such malters as the Council considers appropriate with the Diocesan Synod or Deanery Syncmd. 3. In the exercise of its functions the Parochial Church Council shall tske into consideration any expression of opinion by any parochial church meeting. When the PCC of St Paul's regislered as a Charity we said we would provide "public benefrt. by.. Regular public worship Providing sacred Spa for prayer Pastoral work including visiting sick and housebound Taking regular assernb in schools Provision of Young Church Promotion of Christianty through sermons. events and meetiros Promoting the mission of the church Supporting other chartties in the UK and ovet5eas Page4of8
How does the PCC seek to fulfil its duties? Regular public services are held in the parish church and the Hala Centre. Parish Church Sunday 8.00 am Holy Communion (BCP) Holy Communion 9.45 am 4.00 pm Worship@4: Holy Cornmunion, Taize, Evening.Prayer, Celtic Styles of Wotship. (service suspended October 2022) Wednesday Thursday 9.00 am Moming Prayer- by telephone conferencing Holy Communion 9.15 am Hala Centr• Sunday 11.15 am Moming Worship or Holy Communion The parish undertakes occasional services tbaptisms, marriages, funerals], seasonal ServIS and commemorations as required. The parish is part of Diocese of Blackbum within the Church of England. The Diocese calculated our 'Parish Share. which indudes a ¢OMribution to the cost of running the Diocese and a contribution to subsidise the mission of the church in areas of the DI0Se with financial dtfficulties. The cleigy and authorised lay people take communion to those unable to atterKJ public services including people in local care or retirement homes. The parish has a Lay Pastoral Team vthich visits members of the congregation. and others. in their own homes and in hospital as requested. The parish has statutory links with Scotforth (St Paul's) Primary School including the appointment of 4 of the school's Foundation Govemors. The Chair of Governors is a member of the PCC. The parish organises a Young Church led by appropriatety cleared leaders at the 9.45am servi during term time. The parish sponsors several unifomed groups [Rainbows, Brownies, Guides, Beavers, Cubs and Scouts]. Parade services are held involving the members of the unrfomed groups in the regular worship of the church. Page5of8
The parrsh holds the Diocesan "Child Friendly Church" award. Candidates are prepared for 'Confirmation" ladmission to membership of the churchj through course run bi-annualty, a Servi was held in 2022 which was led by Bishop Julian. House groups are available to help members of the congregation develop and explore their faith in an infomial setting. Over 2022 this has tsken the fotm of a mix of in-person house groups and one group remaining online. The parish has several social groups including a Walking Group. a Women's Fellowship and a newly ft)Thned Tea@2 group. The parish has received the Bronze Eco Church award and our work in this area continues. The parish is involved in ecumenical work locally as a member of Churches Together in Lancaster and also of South Lancaster Churches Together. The parish has an annual prayer rota wthich covers all the streets in the parish and these appear in our weekly Parish News. The Parish Hall and St Paul's Hala Centre are used for a number of social events each year, and are available for hire. Hiring fully re-opened during 2022 for hires, despite the economic climate bookings remain buoyant. The PCC has complied with the duty to have.due regard. to the House of Bishops guTrdan in relation to safeguarding. The parish has a Safeguarding Officer who monitors our activities to ensure comply with the relevant legal obligations and Diocesan policies. Safeguarding is a stsnding item on Ihe PCC agenda. The parish has a Health and Safety Offir who monitors our activitEs to ensure we comply with the relevant legal obligations and Diocesan policies. Health and Safety is a standing item on the PCC agenda. Photographs of the members of the PCC are displayed in the parish church. St Paul's Hala Centre and on our website so that members of the congregation can identfy them. The parish has links with mission partners serving overseas. The parish has a long-standing tradition of supporting other charities which is covered in more detail in the financial section of this report. The parish maintains a Terrier I Invenlory of moveable church propety. There were 155 on the Electoral Roll at Ihe 2022 APCM. Pa8e6of8
St Paul's Hala Pan Food Club - Re ort for APCM on activities durin 2022 St Paul's Hala Pantry, our food club serving the parish and beyond, continues to thrive and seNe our local community. We regularly serve SMO club members each and every Friday evening at the Hala Worship Centre. After opening in December 2021. this year has been one of finding our feet during a tough year for many households. We have welcomed new volunteers, saKI goodbye to some, including Rev Claire who left in Spring, and enjoyed getting to know our regular members. A part-time manager was appointed in July of 2022 to relreve 'volunteer bumout, by managing the Hala Pantry email. organising the volunteer rotas. and liaising with Parish Office in matters of safeguarding and training. amongst other duties. We were fortunate to be awarded a grant from Amold Clark at the start of 2022 and the Lancashire Community Food Grant Scheme at the end of September. These enable us to purchase new fridgelfreezer equipment, cover staffing costs, and give two free shops to each of our members in December. These free shops ran in conjunction with Christmas gfft help which was organised by Vikki Pattj'nson, where children and grandchildren of members were matched with parishioners, who donated grfts to support members to make a tough Christmas special for the younger members of their families. The response by parishioners wasjoyous and our members expressed oVehelmIng thanks to everyone who took part. One note of caution is that our weekly Fareshare allocation was unfortunately reduced to less than half of our usual allocation due lo unprecedented reductions in donations of surplus food from warehouses. This is positive in that food waste is hopefully being reduced but does impact our model of redistribution at a time when households are slwggling. We have managed thus far to still provide value to our club members wtth our access to the Household Support Fund through Eggcup, alongside donations from Sainsburys and St. Paul's Scotforth Primary and Nursery School. We are grateful for this local support. Finally, we could not SUlVNe without the commitment and support of our core team of volunteer drivers, sorters and servers who work tirelessly to bring St Paul's Hala Pantry together each week thank you very much for your time and dedication. Our challenges into 2023 remain our continued furKling. SLrfficient volunteer support. and Fareshare food allocation. Please keep our ¥vork in your prayers and encourage anyone you know who may be able to volunteer. or who may like to join as a member to get in touch with hala ant st auls-SCOtforth.o Page7of8
Financial Review 2022 The Annual Accounts and Trea5urerfs Report for the year ended 31 December 2022 shoukj be read as part of this review. All parishes within Ihe Church of England pay the Parish Share which is calculated by, and paid to, the Diocese. 11 supports the mission of the wider church, including payment of the clergy stipends, housing and pensions in our own parish. We have paid ouramended Parish Share, cut to £59,000 for 2022, in full and have agreed, with the Diocese, the amounts to be paid for the next two years, again showing a signnlcant reduction on the Parish Request figure, derived from the standard fomula used to calculate it. Even so, the Parish accounts are in deficit with several thousand pounds having to be taken from our ever4ecreasing cash reserves. A stewardship scheme has operated wtthin the parish for many years wrth the help of a dedicated team of visitors. This scheme brings much valued assets - not just financial (which is absolutely vital if the Church is to remain viable). but also time and talents- into our work. As its name suggests, the revamped Regular Gpiing Scheme encourages regular. planned giving, together with the use of 'Gift Aid, which adds a further 25 % to sums donated. Increasing the number of subscribers to, and the income from. the planned giving scheme must be a major priorrty in 2023 and subsequent years. In 2022, we have paid over £14,000 to maintain the Church building and to run the servi. Ignoring expenditure on anything else at all, coupled wrth the Parish Share paent, this means that the running cosls of the Church are well over £6.000 a month and will be even more next yearl It is important to remember that we do not re1ve furKls directly from the Government or from Ihe Church of England. We, the parishioners. have to provide the money to run the parish ourselves- all £6,000 plus of tt every single month. The adoption of a Reserves Policy continues to clarrfy the PCC'S thinking about the use of Reserves, particularly with respect to any that may be used for the replacement of the roof in due course and are defined as being restricted for that purpose. Following the architect's report. the parish is still anticipating significant expenditure on the lling and roof of Ihe Parish Church within the time frame of 5 to 10 years. The cost of the work on the roof will exceed a full year's nomal income many times over and much of this will have to come from grants from lottery funding (which are invariably time limrted) - but these cannot be applied for until the roof is °officialty' al risk as defined by the experts and it is not there yet. So, the parFsh aims to maintain its reserves. and to undertake fundraising to increase them. unts'l the work has been ortied out. Funds Held as Custodian Trustees None. Page8of8
| ST PAULS CHURCH PCC, SCOTFORTH, LANCASTER | ST PAULS CHURCH PCC, SCOTFORTH, LANCASTER | |||||
|---|---|---|---|---|---|---|
| STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022 | ||||||
| Unrestricted | Restricted | Endowment | TOTAL FUNDS | |||
| Funds | Funds | Funds | 2022 | 2021 | ||
| INCOMING RESOURCES | Note | £ | £ | £ | £ | £ |
| Incomingresources from donors | 2(a) | 68,482.23 | 540.00 | 0.00 | 69,022.23 | 68,607.49 |
| Other voluntaryincomingresources | 2(b) | 9,752.76 | 20,604.95 | 0.00 | 30,357.71 | 48,320.75 |
| Income from charitable trading | 2(c) | 41,934.33 | 0.00 | 0.00 | 41,934.33 | 26,145.20 |
| Other ordinaryincomingresources | 2(d) | 1,508.31 | 0.00 | 0.00 | 1,508.31 | 0.00 |
| Income from investments | 2(e) | 807.10 | -7,835.59 | -9,586.40 | -16,614.89 | 32,422.47 |
| TOTAL INCOMING RESOURCES | 122,484.73 | 13,309.36 | -9,586.40 | 126,207.69 | 175,495.91 | |
| RESOURCES USED | ||||||
| Grants | 3(a) | 0.00 | 0.00 | 0.00 | 0.00 | 1,000.00 |
| Directlyrelated to the church's work | 3(b) | 120,676.82 | 1,696.56 | 0.00 | 122,373.38 | 189,731.75 |
| Fund raisingandpublicity | 3(c) | 0.00 | 0.00 | 0.00 | 0.00 | 76.11 |
| Management and Administration | 3(d) | 6,120.65 | 0.00 | 0.00 | 6,120.65 | 5,786.46 |
| TOTAL RESOURCES USED | 126,797.47 | 1,696.56 | 0.00 | 128,494.03 | 196,594.32 | |
| NET INCOMING /(OUTGOING) | -4,312.74 | 11,612.80 | -9,586.40 | -2,286.34 | -21,098.41 | |
| GAINS / LOSSES ON INVESTMENTS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| NET MOVEMENT IN FUNDS | -4,312.74 | 11,612.80 | -9,586.40 | -2,286.34 | -21,098.41 | |
| Balances brought forward 1st January 2021 | 74,864.59 | 175,737.46 | 88,479.42 | 339,081.47 | 360,179.88 | |
| BALANCES CARRIED FORWARD | 70,551.85 | 187,350.26 | 78,893.02 | 336,795.13 | 339,081.47 | |
| AT 31 DECEMBER 2022 | ||||||
| ST PAULS CHURCH PCC, SCOTFORTH, LANCASTER | ST PAULS CHURCH PCC, SCOTFORTH, LANCASTER | |||||
|---|---|---|---|---|---|---|
| BALANCE SHEET AT 31 DECEMBER 2022 | ||||||
| Note | 2022 | 2021 | ||||
| FIXED ASSETS | £ | £ | ||||
| Tangible fixed assets | 5(a) | 0.00 | 0.00 | |||
| CBF Fund Shares - valuation 31.12.2022. | 5(b) | 173,491.31 | 196,954.34 | |||
| TOTAL FIXED ASSETS | 173,491.31 | 0.00 | ||||
| CURRENT ASSETS | ||||||
| Stock | 0.00 | 0.00 | ||||
| Debtors | 3,408.95 | 17,358.74 | ||||
| Short term deposits | 0.00 | 0.00 | ||||
| Cash at bank and in hand | 163,648.48 | 127,405.07 | ||||
| CURRENT LIABILITIES | 7 | -3,753.61 | -2,636.68 | |||
| NET CURRENT ASSETS | 163,303.82 | 142,127.13 | ||||
| NET ASSETS | 336,795.13 | 339,081.47 | ||||
| FUNDS | 6 | |||||
| Unrestricted | 70,551.85 | 74,864.59 | ||||
| Restricted | 187,350.26 | 175,737.46 | ||||
| Endowment | 78,893.02 | 88,479.42 | ||||
| TOTAL FUNDS | 336,795.13 | 339,081.47 | ||||
| Approved bythe Parochial Church Council on March 7th,2023 and signed on its behalf by: | ||||||
| Chairman | ||||||
| R.B.Aechtner | ||||||
| Member | ||||||
| S.J.Weatherill | ||||||
ST PAULS CHURCH PCC, SCOTFORTH, LANCASTER NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2022
1. ACCOUNTING POLICIES
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 and section 145 of the Charities Act 2011 together with applicable accounting standards and SORP 2015 (FRS 102). The financial statements include all transactions, assets and liabilities and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those that are informal gatherings of church members.
Funds
Endowment funds are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established.
Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not invest separately for each fund and interest is apportioned to individual funds on an average balance basis.
Unrestricted funds are general funds which can be used for PCC ordinary purposes.
Incoming resources
Planned giving, collections and donations are recognised when received. Tax refunds are recognised when they are due. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends and interest are accounted for when receivable. All other income is recognised when it is receivable. All incoming resources are accounted for gross.
Fixed assets
Consecrated and benefice property is not included in the accounts in accordance with s.96(2)(a) of the Charities Act 1993. Movable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for their disposal are inalienable property, listed in the church's inventory. For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsquently no individual item has cost more than £5000, so all such expenditure has been written off when incurred.
Resources expended
Grants and donations are accounted for when paid over, or when awarded, if the award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.
| 2. INCOMING RESOURCES | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | TOTAL FUNDS | |||
| Funds | Funds | Funds | 2022 | 2021 | ||
| £ | £ | £ | £ | £ | ||
| 2(a)Incomingresources from donors | ||||||
| Plannedgiving | 47,996.47 | 0.00 | 0.00 | 47,996.47 | 48,294.52 | |
| Income tax recoverable(Gift Aid) | 11,463.40 | 540.00 | 0.00 | 12,003.40 | 11,712.61 | |
| Collections(openplate) | 5,928.94 | 0.00 | 0.00 | 5,928.94 | 3,631.09 | |
| Sundrydonations | 3,093.42 | 0.00 | 0.00 | 3,093.42 | 4,969.27 | |
| 68,482.23 | 540.00 | 0.00 | 69,022.23 | 68,607.49 | ||
| 2(b)Other voluntaryresources | ||||||
| Othergrants | 3,249.16 | 14,000.00 | 0.00 | 17,249.16 | 33,205.82 | |
| Donations,appeals,etc. | 0.00 | 6,604.95 | 0.00 | 6,604.95 | 5,220.46 | |
| Legacies | 1,000.00 | 0.00 | 0.00 | 1,000.00 | 8,273.98 | |
| Other | 5,503.60 | 0.00 | 0.00 | 5,503.60 | 1,620.49 | |
| 9,752.76 | 20,604.95 | 0.00 | 30,357.71 | 48,320.75 | ||
| 2(c)Income from charitable trading | ||||||
| Parish News Adverts | 683.00 | 0.00 | 0.00 | 683.00 | 550.00 | |
| Parish Hall,Hala Centre,lettings etc | 33,208.54 | 0.00 | 0.00 | 33,208.54 | 19,964.77 | |
| PCC Fees | 8,042.79 | 0.00 | 0.00 | 8,042.79 | 5,630.43 | |
| 41,934.33 | 0.00 | 0.00 | 41,934.33 | 26,145.20 | ||
| 2(d)Other ordinaryincomingresources | ||||||
| Fund-raisingevents | 1,508.31 | 0.00 | 0.00 | 1,508.31 | 0.00 | |
| 1,508.31 | 0.00 | 0.00 | 1,508.31 | 0.00 | ||
| 2(e)Income from investments | ||||||
| Interest | 807.10 | 879.32 | 0.00 | 1,686.42 | 99.04 | |
| Increase(decrease)in value of CBF Investment Fund | 0.00 | -11,172.87 | -12,290.16 | -23,463.03 | 28,454.34 | |
| Dividends | 0.00 | 2,457.96 | 2,703.76 | 5,161.72 | 3,869.09 | |
| 807.10 | -7,835.59 | -9,586.40 | -16,614.89 | 32,422.47 | ||
| TOTAL INCOMING RESOURCES | 122,484.73 | 13,309.36 | -9,586.40 | 126,207.69 | 175,495.91 | |
| 3. RESOURCES USED | Unrestricted | Restricted | Endowment | TOTAL FUNDS | TOTAL FUNDS | |
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | 2021 | ||
| £ | £ | £ | £ | £ | ||
| 3(a)Grants | ||||||
| Charitablegiving | 0.00 | 0.00 | 0.00 | 0.00 | 1,000.00 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 1,000.00 | ||
| 3(b)Directlyrelated to the church's work | ||||||
| Parish Share | 59,000.00 | 0.00 | 0.00 | 59,000.00 | 39,252.00 | |
| Clergycosts and expenses | 0.00 | 0.00 | 0.00 | 0.00 | 426.60 | |
| Curate's house | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Vicarage costs | 3,984.00 | 0.00 | 0.00 | 3,984.00 | 3,848.95 | |
| Church Sound System | 0.00 | 0.00 | 0.00 | 0.00 | 13,480.72 | |
| Church runningexpenses | 7,432.41 | 0.00 | 0.00 | 7,432.41 | 5,555.22 | |
| Church maintenance | 12,468.54 | 0.00 | 0.00 | 12,468.54 | 85,522.79 | |
| Magazine costs - other thanprinting | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Parish Hall costs | 26,507.37 | 0.00 | 0.00 | 26,507.37 | 32,744.14 | |
| Hala Pantry | 0.00 | 0.00 | 0.00 | 0.00 | 666.65 | |
| Hala Centre costs | 4,726.57 | 0.00 | 0.00 | 4,726.57 | 3,342.62 | |
| Organists'pay | 1,070.00 | 0.00 | 0.00 | 1,070.00 | 350.00 | |
| Other expenses inc verger | 5,487.93 | 1,696.56 | 0.00 | 7,184.49 | 4,542.06 | |
| 120,676.82 | 1,696.56 | 0.00 | 122,373.38 | 189,731.75 | ||
| 3(c)Fund-raisingandpublicity | ||||||
| Fund raisingevents | 0.00 | 0.00 | 0.00 | 0.00 | 76.11 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 76.11 | ||
| 3(d)Management and administration | ||||||
| Secretary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Printingand Stationery | 6,120.65 | 0.00 | 0.00 | 6,120.65 | 5,786.46 | |
| 6,120.65 | 0.00 | 0.00 | 6,120.65 | 5,786.46 | ||
| TOTAL RESOURCES USED | 126,797.47 | 1,696.56 | 0.00 | 128,494.03 | 196,594.32 | |
| 4. STAFF COSTS | ||||||
| £ | £ | |||||
| Wages and Salaries | 21,412.97 | 18,326.16 | ||||
| Duringtheyear the PCC employed a business manager,a clerical assistant,organists,vergers,and keyholders and cleaners for the Church Halls. | ||||||
| No member of the PCC received anyremuneration or expenses for his / her role on the PCC. | ||||||
| 5. FIXED ASSETS | ||||||
|---|---|---|---|---|---|---|
| 5(a)Tangible fixed assets | ||||||
| There were none. | ||||||
| 5(b)Investments - 8371.88 Shares in CBF Investment Fund Shares - value as at 31.12.2022. | ||||||
| 6. ANALYSIS OF NET ASSETS BY FUND | ||||||
| Unrestricted | Restricted | Endowment | Total | |||
| Funds | Funds | Funds | ||||
| £ | £ | £ | £ | |||
| Current Assets | 70,551.85 | 187,350.26 | 78,893.02 | 336,795.13 | ||
| Fund Balance | 70,551.85 | 187,350.26 | 78,893.02 | 336,795.13 | ||
| 7. FUND DETAILS | ||||||
| The Restricted Funds include a number of donations which have been made to the Church for thepurchase of specific items and includes the Roof Fund and the Parish Hall | ||||||
| Kitchen Fund. | ||||||
| The Endowment Funds comprise of four elements: | ||||||
| a)The Cook Legacyfor which the capital sum of £80,479.42 has to be maintained and invested. The income received from investingthe capital is required to be spent on the | ||||||
| maintenance of the Church fabric. The balance on the fund relates to investment income received that has not been spent. | ||||||
| b)A legacyof £500(capital to be maintained)to be invested toprovide income for the maintenance of the Church fabric. The balance relates to unspent investment income. | ||||||
| c)The Whitaker Legacyfor which the capital sum of £2,500.00 has to be maintained and invested. The income received from investingthe capital is required to be spent | ||||||
| on the maintenance of the fabric of the Church. The balance relates to unspent investment income. | ||||||
| d)The MidgeleyLegacyfor which the capital sum of £5,000.00 has to be maintained and invested. The income received from investingthe capital is required to be spent | ||||||
| on the maintenance of the fabric of the Church. The balance relates to unspent investment income. | ||||||
| Investments are held in the CBF Church of England Deposit Fund and the Investment Fund. The main Church account is held byBarclays. Plannedgivingbybanker's | ||||||
| order ispaid into a Santander account. |
| ST PAUL'S CHURCH SCOTFORTH | ||||||
| CHARITABLE GIVING 2022 | ||||||
| APPENDIX A | ||||||
| 2022 | 2021 | Category | ww = world welfare | |||
| £ | £ | wc = world church | ||||
| nw = national welfare | ||||||
| Wycliffe Bible Translators | 0.00 | 0.00 | wc | lw = local welfare | ||
| Global Link in Lancaster | 0.00 | 0.00 | lw | nc = national church | ||
| MIND | 0.00 | 0.00 | nw | |||
| Indian Appeal | 0.00 | 1,000.00 | ww | |||
| TOTAL | 0.00 | 1,000.00 |
This report on the accounts of the PCC for the year ended 31 December 2022, which are set out on pages 1 to 7 inclusive, is in respect of an examination carried out under Regulation 3(3) of the Church Accounting Regulations 2006 (the Regulations) and s.145(5)(b) of the Charities Act 2011 (the Act). Respective responsibilities of trustees and examiner As the members of the PCC you are responsible for the preparation of financial statements and the accounts. You consider that the audit requirements of Regulation 3(3) of the Regulations and section 144(2) of the Act do not apply. It is my responsibility to issue this report on those financial statements in accordance with the terms of the Regulations. Basis of independent examiners report My examination was carried out in accordance with the General Directions given by the Charity Commission under section 145(5)(b) of the Act and to be found in the Church Guidance 2006 edition, issued by the Finance Division of the Archbishops' Council. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by 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 a) to keep accounting records in accordance with section 130 of the Act; and b) to prepare financial statements which accord with the accounting records and comply with the requirements of the 2011 Act and the Regulations 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. Signed M.Bonnett Date 21 February 2023 Independent Examiner Name ..............M.Bonnett........................................................... Address ......... 43, Newlands Road.......................................................... ........................ Lancaster LA1 4JE............................................................ ....................................................................................
| ST PAULS CHURCH PCC, SCOTFORTH, LANCASTER | ST PAULS CHURCH PCC, SCOTFORTH, LANCASTER | |||||
|---|---|---|---|---|---|---|
| STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022 | ||||||
| Unrestricted | Restricted | Endowment | TOTAL FUNDS | |||
| Funds | Funds | Funds | 2022 | 2021 | ||
| INCOMING RESOURCES | Note | £ | £ | £ | £ | £ |
| Incomingresources from donors | 2(a) | 68,482.23 | 540.00 | 0.00 | 69,022.23 | 68,607.49 |
| Other voluntaryincomingresources | 2(b) | 9,752.76 | 20,604.95 | 0.00 | 30,357.71 | 48,320.75 |
| Income from charitable trading | 2(c) | 41,934.33 | 0.00 | 0.00 | 41,934.33 | 26,145.20 |
| Other ordinaryincomingresources | 2(d) | 1,508.31 | 0.00 | 0.00 | 1,508.31 | 0.00 |
| Income from investments | 2(e) | 807.10 | -7,835.59 | -9,586.40 | -16,614.89 | 32,422.47 |
| TOTAL INCOMING RESOURCES | 122,484.73 | 13,309.36 | -9,586.40 | 126,207.69 | 175,495.91 | |
| RESOURCES USED | ||||||
| Grants | 3(a) | 0.00 | 0.00 | 0.00 | 0.00 | 1,000.00 |
| Directlyrelated to the church's work | 3(b) | 120,676.82 | 1,696.56 | 0.00 | 122,373.38 | 189,731.75 |
| Fund raisingandpublicity | 3(c) | 0.00 | 0.00 | 0.00 | 0.00 | 76.11 |
| Management and Administration | 3(d) | 6,120.65 | 0.00 | 0.00 | 6,120.65 | 5,786.46 |
| TOTAL RESOURCES USED | 126,797.47 | 1,696.56 | 0.00 | 128,494.03 | 196,594.32 | |
| NET INCOMING /(OUTGOING) | -4,312.74 | 11,612.80 | -9,586.40 | -2,286.34 | -21,098.41 | |
| GAINS / LOSSES ON INVESTMENTS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| NET MOVEMENT IN FUNDS | -4,312.74 | 11,612.80 | -9,586.40 | -2,286.34 | -21,098.41 | |
| Balances brought forward 1st January 2021 | 74,864.59 | 175,737.46 | 88,479.42 | 339,081.47 | 360,179.88 | |
| BALANCES CARRIED FORWARD | 70,551.85 | 187,350.26 | 78,893.02 | 336,795.13 | 339,081.47 | |
| AT 31 DECEMBER 2022 | ||||||
| ST PAULS CHURCH PCC, SCOTFORTH, LANCASTER | ST PAULS CHURCH PCC, SCOTFORTH, LANCASTER | |||||
|---|---|---|---|---|---|---|
| BALANCE SHEET AT 31 DECEMBER 2022 | ||||||
| Note | 2022 | 2021 | ||||
| FIXED ASSETS | £ | £ | ||||
| Tangible fixed assets | 5(a) | 0.00 | 0.00 | |||
| CBF Fund Shares - valuation 31.12.2022. | 5(b) | 173,491.31 | 196,954.34 | |||
| TOTAL FIXED ASSETS | 173,491.31 | 0.00 | ||||
| CURRENT ASSETS | ||||||
| Stock | 0.00 | 0.00 | ||||
| Debtors | 3,408.95 | 17,358.74 | ||||
| Short term deposits | 0.00 | 0.00 | ||||
| Cash at bank and in hand | 163,648.48 | 127,405.07 | ||||
| CURRENT LIABILITIES | 7 | -3,753.61 | -2,636.68 | |||
| NET CURRENT ASSETS | 163,303.82 | 142,127.13 | ||||
| NET ASSETS | 336,795.13 | 339,081.47 | ||||
| FUNDS | 6 | |||||
| Unrestricted | 70,551.85 | 74,864.59 | ||||
| Restricted | 187,350.26 | 175,737.46 | ||||
| Endowment | 78,893.02 | 88,479.42 | ||||
| TOTAL FUNDS | 336,795.13 | 339,081.47 | ||||
| Approved bythe Parochial Church Council on March 7th,2023 and signed on its behalf by: | ||||||
| Chairman | ||||||
| R.B.Aechtner | ||||||
| Member | ||||||
| S.J.Weatherill | ||||||
ST PAULS CHURCH PCC, SCOTFORTH, LANCASTER NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2022
1. ACCOUNTING POLICIES
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 and section 145 of the Charities Act 2011 together with applicable accounting standards and SORP 2015 (FRS 102). The financial statements include all transactions, assets and liabilities and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those that are informal gatherings of church members.
Funds
Endowment funds are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established.
Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not invest separately for each fund and interest is apportioned to individual funds on an average balance basis.
Unrestricted funds are general funds which can be used for PCC ordinary purposes.
Incoming resources
Planned giving, collections and donations are recognised when received. Tax refunds are recognised when they are due. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends and interest are accounted for when receivable. All other income is recognised when it is receivable. All incoming resources are accounted for gross.
Fixed assets
Consecrated and benefice property is not included in the accounts in accordance with s.96(2)(a) of the Charities Act 1993. Movable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for their disposal are inalienable property, listed in the church's inventory. For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsquently no individual item has cost more than £5000, so all such expenditure has been written off when incurred.
Resources expended
Grants and donations are accounted for when paid over, or when awarded, if the award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.
| 2. INCOMING RESOURCES | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | TOTAL FUNDS | |||
| Funds | Funds | Funds | 2022 | 2021 | ||
| £ | £ | £ | £ | £ | ||
| 2(a)Incomingresources from donors | ||||||
| Plannedgiving | 47,996.47 | 0.00 | 0.00 | 47,996.47 | 48,294.52 | |
| Income tax recoverable(Gift Aid) | 11,463.40 | 540.00 | 0.00 | 12,003.40 | 11,712.61 | |
| Collections(openplate) | 5,928.94 | 0.00 | 0.00 | 5,928.94 | 3,631.09 | |
| Sundrydonations | 3,093.42 | 0.00 | 0.00 | 3,093.42 | 4,969.27 | |
| 68,482.23 | 540.00 | 0.00 | 69,022.23 | 68,607.49 | ||
| 2(b)Other voluntaryresources | ||||||
| Othergrants | 3,249.16 | 14,000.00 | 0.00 | 17,249.16 | 33,205.82 | |
| Donations,appeals,etc. | 0.00 | 6,604.95 | 0.00 | 6,604.95 | 5,220.46 | |
| Legacies | 1,000.00 | 0.00 | 0.00 | 1,000.00 | 8,273.98 | |
| Other | 5,503.60 | 0.00 | 0.00 | 5,503.60 | 1,620.49 | |
| 9,752.76 | 20,604.95 | 0.00 | 30,357.71 | 48,320.75 | ||
| 2(c)Income from charitable trading | ||||||
| Parish News Adverts | 683.00 | 0.00 | 0.00 | 683.00 | 550.00 | |
| Parish Hall,Hala Centre,lettings etc | 33,208.54 | 0.00 | 0.00 | 33,208.54 | 19,964.77 | |
| PCC Fees | 8,042.79 | 0.00 | 0.00 | 8,042.79 | 5,630.43 | |
| 41,934.33 | 0.00 | 0.00 | 41,934.33 | 26,145.20 | ||
| 2(d)Other ordinaryincomingresources | ||||||
| Fund-raisingevents | 1,508.31 | 0.00 | 0.00 | 1,508.31 | 0.00 | |
| 1,508.31 | 0.00 | 0.00 | 1,508.31 | 0.00 | ||
| 2(e)Income from investments | ||||||
| Interest | 807.10 | 879.32 | 0.00 | 1,686.42 | 99.04 | |
| Increase(decrease)in value of CBF Investment Fund | 0.00 | -11,172.87 | -12,290.16 | -23,463.03 | 28,454.34 | |
| Dividends | 0.00 | 2,457.96 | 2,703.76 | 5,161.72 | 3,869.09 | |
| 807.10 | -7,835.59 | -9,586.40 | -16,614.89 | 32,422.47 | ||
| TOTAL INCOMING RESOURCES | 122,484.73 | 13,309.36 | -9,586.40 | 126,207.69 | 175,495.91 | |
| 3. RESOURCES USED | Unrestricted | Restricted | Endowment | TOTAL FUNDS | TOTAL FUNDS | |
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | 2021 | ||
| £ | £ | £ | £ | £ | ||
| 3(a)Grants | ||||||
| Charitablegiving | 0.00 | 0.00 | 0.00 | 0.00 | 1,000.00 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 1,000.00 | ||
| 3(b)Directlyrelated to the church's work | ||||||
| Parish Share | 59,000.00 | 0.00 | 0.00 | 59,000.00 | 39,252.00 | |
| Clergycosts and expenses | 0.00 | 0.00 | 0.00 | 0.00 | 426.60 | |
| Curate's house | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Vicarage costs | 3,984.00 | 0.00 | 0.00 | 3,984.00 | 3,848.95 | |
| Church Sound System | 0.00 | 0.00 | 0.00 | 0.00 | 13,480.72 | |
| Church runningexpenses | 7,432.41 | 0.00 | 0.00 | 7,432.41 | 5,555.22 | |
| Church maintenance | 12,468.54 | 0.00 | 0.00 | 12,468.54 | 85,522.79 | |
| Magazine costs - other thanprinting | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Parish Hall costs | 26,507.37 | 0.00 | 0.00 | 26,507.37 | 32,744.14 | |
| Hala Pantry | 0.00 | 0.00 | 0.00 | 0.00 | 666.65 | |
| Hala Centre costs | 4,726.57 | 0.00 | 0.00 | 4,726.57 | 3,342.62 | |
| Organists'pay | 1,070.00 | 0.00 | 0.00 | 1,070.00 | 350.00 | |
| Other expenses inc verger | 5,487.93 | 1,696.56 | 0.00 | 7,184.49 | 4,542.06 | |
| 120,676.82 | 1,696.56 | 0.00 | 122,373.38 | 189,731.75 | ||
| 3(c)Fund-raisingandpublicity | ||||||
| Fund raisingevents | 0.00 | 0.00 | 0.00 | 0.00 | 76.11 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 76.11 | ||
| 3(d)Management and administration | ||||||
| Secretary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Printingand Stationery | 6,120.65 | 0.00 | 0.00 | 6,120.65 | 5,786.46 | |
| 6,120.65 | 0.00 | 0.00 | 6,120.65 | 5,786.46 | ||
| TOTAL RESOURCES USED | 126,797.47 | 1,696.56 | 0.00 | 128,494.03 | 196,594.32 | |
| 4. STAFF COSTS | ||||||
| £ | £ | |||||
| Wages and Salaries | 21,412.97 | 18,326.16 | ||||
| Duringtheyear the PCC employed a business manager,a clerical assistant,organists,vergers,and keyholders and cleaners for the Church Halls. | ||||||
| No member of the PCC received anyremuneration or expenses for his / her role on the PCC. | ||||||
| 5. FIXED ASSETS | ||||||
|---|---|---|---|---|---|---|
| 5(a)Tangible fixed assets | ||||||
| There were none. | ||||||
| 5(b)Investments - 8371.88 Shares in CBF Investment Fund Shares - value as at 31.12.2022. | ||||||
| 6. ANALYSIS OF NET ASSETS BY FUND | ||||||
| Unrestricted | Restricted | Endowment | Total | |||
| Funds | Funds | Funds | ||||
| £ | £ | £ | £ | |||
| Current Assets | 70,551.85 | 187,350.26 | 78,893.02 | 336,795.13 | ||
| Fund Balance | 70,551.85 | 187,350.26 | 78,893.02 | 336,795.13 | ||
| 7. FUND DETAILS | ||||||
| The Restricted Funds include a number of donations which have been made to the Church for thepurchase of specific items and includes the Roof Fund and the Parish Hall | ||||||
| Kitchen Fund. | ||||||
| The Endowment Funds comprise of four elements: | ||||||
| a)The Cook Legacyfor which the capital sum of £80,479.42 has to be maintained and invested. The income received from investingthe capital is required to be spent on the | ||||||
| maintenance of the Church fabric. The balance on the fund relates to investment income received that has not been spent. | ||||||
| b)A legacyof £500(capital to be maintained)to be invested toprovide income for the maintenance of the Church fabric. The balance relates to unspent investment income. | ||||||
| c)The Whitaker Legacyfor which the capital sum of £2,500.00 has to be maintained and invested. The income received from investingthe capital is required to be spent | ||||||
| on the maintenance of the fabric of the Church. The balance relates to unspent investment income. | ||||||
| d)The MidgeleyLegacyfor which the capital sum of £5,000.00 has to be maintained and invested. The income received from investingthe capital is required to be spent | ||||||
| on the maintenance of the fabric of the Church. The balance relates to unspent investment income. | ||||||
| Investments are held in the CBF Church of England Deposit Fund and the Investment Fund. The main Church account is held byBarclays. Plannedgivingbybanker's | ||||||
| order ispaid into a Santander account. |
| ST PAUL'S CHURCH SCOTFORTH | ||||||
| CHARITABLE GIVING 2022 | ||||||
| APPENDIX A | ||||||
| 2022 | 2021 | Category | ww = world welfare | |||
| £ | £ | wc = world church | ||||
| nw = national welfare | ||||||
| Wycliffe Bible Translators | 0.00 | 0.00 | wc | lw = local welfare | ||
| Global Link in Lancaster | 0.00 | 0.00 | lw | nc = national church | ||
| MIND | 0.00 | 0.00 | nw | |||
| Indian Appeal | 0.00 | 1,000.00 | ww | |||
| TOTAL | 0.00 | 1,000.00 |
This report on the accounts of the PCC for the year ended 31 December 2022, which are set out on pages 1 to 7 inclusive, is in respect of an examination carried out under Regulation 3(3) of the Church Accounting Regulations 2006 (the Regulations) and s.145(5)(b) of the Charities Act 2011 (the Act). Respective responsibilities of trustees and examiner As the members of the PCC you are responsible for the preparation of financial statements and the accounts. You consider that the audit requirements of Regulation 3(3) of the Regulations and section 144(2) of the Act do not apply. It is my responsibility to issue this report on those financial statements in accordance with the terms of the Regulations. Basis of independent examiners report My examination was carried out in accordance with the General Directions given by the Charity Commission under section 145(5)(b) of the Act and to be found in the Church Guidance 2006 edition, issued by the Finance Division of the Archbishops' Council. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by 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 a) to keep accounting records in accordance with section 130 of the Act; and b) to prepare financial statements which accord with the accounting records and comply with the requirements of the 2011 Act and the Regulations 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. Signed M.Bonnett Date 21 February 2023 Independent Examiner Name ..............M.Bonnett........................................................... Address ......... 43, Newlands Road.......................................................... ........................ Lancaster LA1 4JE............................................................ ....................................................................................