s] ST. JAMES CHURCH MERE GREEN THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES, HILL, SUTTON COLDFIELD (ST. JAMES PCC HILL) UNAUDITED FINANCIAL ACCOUNTS REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 Registered Charlty No: 1134793 ¢3Jdfreu ￿rIEd1 8 Co Chartered Accountants LIST OF CONTENTS Page[s] Contents Annual Report Independent Examinevs Report Statements of Financial Activities Ilncluding Income & Expenditure) Balance Sheet io li 12-19 Notes to the accounts FOR THE YEAR E DED31ST DECEMBER 2023 AIMS AND PURPOSES On 161b October 2023, after a long period of interregnum, the Church and Parochial Churth Council IPCCI were delighted lo welcome Rev Leanne Carr as Vicar at Sl. James Hill. The PCC has the responsibility of Cowoperating with the incumbent, Rev Ca￿, in promoting in the ec¢lesiastical parlsh, the whole mission of the Church. pastoral. evangellsttc, soci81 and ecumeniGal. The PCC is also specifically ￿spOnSible for Ihe maintenance of the Church Cenlrg complex of Sl. James, Hill Imere G￿en}. OBJECTIVES AND ACTIVITIES The PCC is committed lo enabling as many people as possible lo worship at the church and to become part of the parish community al Sl. James. The PCC maintains an overview of worship throughout the parish and makes suggestions lo the incumbent on how services can involve the many groups that live within the parish. Services and worship pul faith into practice through prayer. scripture, music and sacrament. When planning activities for the year. the incumbent and PCC have considered the Commission's guidance on public benefit and, in particular. the specific guidance on charities for the advancernent of religion. In particular, ordinary people are supported lo INe out their faith as part of the parish community through= Worship and ptayer- learning about the Gospel.. and developing thEirknowledge and trust in Jesus. Provision of pastoral care for people living in the parish. Missionary and outreach work. To facililale this work, il is important that the fabric of the Churth of St. J8mes and The Church Centre omplex. is maintained. The church is now over 180 year5 old ACHIEVEMENTS AND PERFORMANCE Worship and P￿Yer The Church is now fully open. The PCC are keen to offer a range of servlces that our commvnity find both beneficial and spiritually fulfilling. The PCC and Rev. Carr have a dedicated team of Licensed Lay Ministers and other members of St James. who work hard lo ensure that members of the parish can worship logether. The PCC are currently able to offer a ￿gUlar weekly 10am service. Including Communion on the 2nd and 4th Sundays of the month. During the past year. we have also begun lo offer a monthly Sunday @vening Prayer and Praise service. held in our Church Centre. All are welcome to attend regular services. Al present, there are 178 parishioners on the Church Electoral Roll, with 2 names being added and 2 ￿MoVed. both of whom sadly have died. The PCC are also developing the relationship with All Salnl8 Four, Oaks with a view to in¢reased collaboration in mission. ministry and outreach for both parishes. Sl. James ¢iJrrenlly join All Saints for their Wednesday 09..30 arn Service. Additional Sunday setvlces are currenuy being discussed, separately in each church, 88 part of our growth strategy. As well as regular services, the community is eneouraged to celebrate and thank God at milestones of the journey through life. Through baptism we thank God for the gift Df life, in marriage, public vows are exchanged with God's blessing and through funeral services friends and family express their grief and give thanks for the life which is now completed In this world and to commend the person into God's keeping. The choir lead OUT singiTrg on a regular basis and we have established a wonderful gmup of organists The setvers provide an integral support within the ministry of St. James. Deanery Synod." St James has three represèntatives on the Deanery Synod. This provides the PCC with an important link between the parish and the wider structures of the church. The meetings continued to develop the People and Places framework, Transforming Church and environment81 issues. Discussion on Discipleship, the culture ol being and making disciples. and racial justice also played an important part in this year's meetings. The Church Building The PCC continues 1¢ focus ils attention on the church rasloralion scheme and developing the facilities off8r&d by the church. The work on replacing the rendering on the outside ofthe church has taken longer than expected. There we continuous delays due to bad weather and although the work is almost finished Ihero are a number of outstanding issues on the snaggitvJ list. The builders have agreed lo resolve these problems, however. much of the work is weather dependent. Work on the internal reordering of the church has progressed. The committee was formed in May 2022. 10 redesign the back of church. This wll make the church more inclusive and welcoming to all. It will allow us to develop new ways of worship and community participation and increase the usage Of our lovely building. enabling us to become a thriving and vibrant place 7 days a week. Plans were drawn up and an architect commissioned to help us submit them lo the DAC, for recommendation for faculty approval. Faculty approval has taken 12 months lo achieve and this has been fruslraling. Finally, approval was granted in November 2023. The slruclural surveys and the contract drawings are now complete and the tender documents have been sent lo building companies for accurate quotes on costing the work. The work we wish lo carry out, includes a ramp and welcoming platform outside the main entrance, so that everyone will be able lo enter the building together. Interior glass doors will allow passersby to admire our arts and crafts chancel and encourage them lo come in. Inside wll be an accessible lollel, a hospitaSily area with Servlng area and café style sealing. A safe sl8ircase will help to maximize the use of our upstairs gallery. The building costs have escalated during this time and our fLtnd-raising efforts have had lo be increased. The 2024 conlribulion, agreed by the PCC. from chur¢h restoration resetves has increased. to £60,000. This is money that was sel aside for building work, followng the sale of the curate's house in Dower Road. We have successfully negotiated a number of large grants frotn Charitable Injsls, securing over £67,000 so far and have launched a further appeal lo the Congregation to increase their conlribulion. The congregation had raised £17,500 so far and we would like to increase this to £40.000. rhe Chur¢h Centro Complex Demand, from both regular and occaslonal users is continuing to grow. thanks to the haTd work by everyone al the church Centre . We were able lo reopen our payroll in September and welcome our full lime Church Centre Manager. The benefits to both the centre and the church are very app8￿nt. The manager is overseen by the Church Centre Committee and supported by a small team of part-lime agency staff and a great team of volunteers who a￿ able to work flexibly. The team continues to be developed to ensure the changing demands of both the ￿ntre and church a￿ being mel effectively. Our outreach ministry was greatly impacted by the pandemic. Tea, coffee and fellowship has now resumed after the Sunday 10 am service and is very well attended. The social committee has been re-eslablished, with new volunteèrs to help organise more sock81 events for the both congregation and W￿@r community. Part of our outreach mission. the very popular monthly communily games aftemoon has welcomed new families every month. Pastoral Care We have a team of 4 peop￿ who lake Home Communion out. on a monthly basis, to a group of recipients. Dr. Paul Giles, Lay Reader. continues lo support Pegasus Court residents with monthly Bible Study meetings and an annual Christmas Carol servi￿. Rev Leanne is working lo establish links with the various care homes and resldences in the Parish, within the limits of her capacity. Rev L8anne has taken almost 30 funeTals, burialslintermenls of ashes, in the past year and those who have received this ministry are invited lo our annual service of Commemoration for the Departed. In addition, Sandra Joyce, Lay Reader. and 2 members of our congregation continue to offer a Friendship Circle, which was initially aimed at bereaved people bul which now attracts a wider group, where social isolation is a factor. This group meets monthly, and more recently the meetings have been held in our Church Centre. The group is Clear that they do not provide a counselling service merely ompanionship for individuals who have experignced similar life situations. Missffon & Evangg11sm.' As Bishop David & Bishop Anne suggest. "In every generation we are called to live and proclaim the good news ol Jesus in new ways, as we pray for more and more confident, Christians. People and Places {P&P} is our expression ofthis for today's generation. Although there are presenting challenges (such as finan￿ and vocations) P&P seeks to help us to be faithful to God's constant call to reach and serve indimduals and communities with Jesus, saving love., We are very keen lo participate and pursu8 this mission opportunity. Under the new People and Places framework. Parish began the engagement with Transforming Church Mission Plan of building on the vision of 'lnclusive Church- Inclusive Community- Inclusive Compassion. As a relatively new Oversight Area. with All Saints Four Oaks, we are beginning lo map our Current missional contacts and identify the gaps. Rep￿sentatIveS from both Churches have met twice, 80 far, building on previous existing relationships and starting to look at what both churches have lo offer. other areas of mission that St James has been developing include: schools mlnistry, communlty engagement (commercial café, craft falTsI and adapting the church building to enable il lo t* a more user-friendly space during the week, as well as on Sundays. The St James. News has not restarted since the pandemic. PCC updates and various parish nob'ces a¥e distributed in a monthly new51etteF lo those on the electoral roll and other Interested parties. EcumenicalRelatlonships.' The church is a member of Churches Together in Four Oaks. Ofthe ￿yO main joint events, the Good Friday Walk ofwitness service was able lo go ahead whilst carol singing was again postponed, due lo a number of changes within the leadership of the various churches involved. There is an ecumenical prayer group for women in minlstry in Four Oaks, whith meets regularly and of which Rev Leanne and Sandra Joyce. Lay ReadeT, are member8. Church leaders from several of the local churches were at Rev Leanne's li¢en8ing to represent Four Oaks Churches Together. and some ol the leaders have mel logelhgr lo begin lo build new connections and re-energise the ecumenical relationships. We continue lo work and ffnd ways of supporting all churches within the Four Oaks Church Together. FINANCIAL REVIEW The ststement of financial activities provides full disdosure of all income and expenditure for the year lo the 31° De￿Mber. 2023. The net result for the year is a surplus of receipts over payments of £3.193 which leaves a balance lo cary forward at 31ut December 2023 of £701,352 as shown in the financial slalemenls. Total Income 2023, £179,376 Voluntary income fell by"£22,143 10 £94.355. However the 2022 income in¢lucled grants from the DCMS of £57,317 which specrfically covered the VAT on external re5toralions costs. Planned giving and Dlher donations Sncreased by £16.684 with an additional £20,351 being raised in donations and grants towards the church reDrdering project Church Centre lettings also continue lo significantly improve. The £10,543 increase represents an over 21 ts increase against 2022. Total expendlture for 2023, £182.841 2022 expenditure reflected significant cosl of work to replace the rendèring on the oulsiLle of the church as well as the additional repairs identified at the lime. The 2023 expenditure on inleTnal reordering includes just the professional fees incurred so far in preparation for Ihe major PTojeGt in 2024. Increases in general running cos15 reflects the continued increase in aclNity in both the church and church cenlre. Careful control of gas and electricity has seen consumplion ￿d￿Ced by 150￿. Never-the-less, energy price Increases èffective in October 2022 have led lo a doubling of costs. Repair and mainlen8n¢e costs have risen in 2023 as we start a catch up on some ofthe workwe werg unable lo complete during the pandemic, including urgent maintenance in the churchyard and Car park and replacement of equipment (under £1,000 each and so not capitalizedl. Cash Reserves Short term deposits and cash at the bank and in hand have increase by £7,468 in 2023. RESERVES POLICY It is PCC policy to maintain a balance on unrestricted funcls which equates to at least three months unre8tricled expenditure, equivalent lo approxlmalely £40,000 and to cover emergency situations that may arise from time lo time. FUTURE PLANS A major focus is the next stage in the development of Sl. James Church and all the interior work described above. In addition and a5 you would expect from a beautiful, 180 year, old grade 2 listed building. there arè also a number of ongoing repair and maintenance projects. A pre pandemlc plan is now being reviewed and updated and will include both the church, including the organ and sound system and church Centre. The churchyard is also requires significant maintenance. Fenclng and pathway5 need urgent attention and as vacant plots for both coffins and cremated remain become increasing scarce opportunities to make the most of space need lo be Implemented. Many of thes8 prolecls are covered by funds already designated forthe purpose as well as additional fundraising. Others will have a budget against unreslricled funds. VOLUNTEERS The church would not be such a vibrant community wilhoul the input of many volunteers who work so hard. In recognition of the vital role of our volunteers and of the responsibilities that they undertake on a regular basis, the PCC has begun lo consider ways in which we can implement the national requirement foi all volunteers lo have basic safeguarding training. STRUCTURE, GOVERNANCE AND MANAGEMENT The PCC of St James, Hill. Sutton Coldfield is Charltable Unincorporated Organisalion consliluled under the parochial church council powers measure 119561 as aménded and church representative rule5. The method of appointment of PCC members is set out in the Church R8presenlalion Rules. Al SLJames the membership of the PCC consists of the incumbent (our Vicar), churchwardens, the Readers and members elected by those members of the congregation who are on the electoral roll of the church. All those who attend our serviceslmembers of the congregation are encouraged to register on the Electoral Roll and stand for election lo the PCC. The PCC members are responsible for making dg¢isions on all matters of general concern and importance lo the parish including deciding on how the funds of the PCC are to be spent. The full PCC met 14 times during the year. five of the meetings were extraordinary meetings including dlscussions regarding the essential building repairs. Meetings wero held in person, either in the church or church centre. Given ils wide responsibilities the PCC has a number of sub-committees each dealing with a particular aspect of parish life. These sub-committees focus on worship, mission and outreach and fabric and fin8nce, and each Committee is expected to reporting back regularly to PCC. ADMINISTRATtVE INFORMATION Sl. James Hill is situated in Mere Green approximately 2 miles from Sutton Coldfield town centre. It is part of the Diocese of Birmingham within the Church of England. The correspondence address, during this period of interregnum is St. James Church Centre.. 61 Mere Green Road, Sutton Coldlield. Birmingham, 875 5BW. The PCC is a body corporate IPCC Powers Measure 1956. Church Representation Rules 20061 and a charity excepted from registration wlth the Charity Commission. Regisleied Charity Number. 1134793 jn￿Mbent'. The Reverend Leanne Carr {Inducted 16th October 20231 Permission lo officiate The Reverend Tony Platts Readers.. Dr. Paul Giles Ms. Sandra Joyce Wardens: Mrs. Kathy Richards Deputy Wardens Mrs. Sue Cutler Mrs. Bart)ara Warren Elected Members.. Mr8. Judy Stallard Mrs. Lynn Penny MTS. Bety Alkins Mr. David Evans Mr. George Richardson Mrs. Sue Richardson Mrs. Kathy Richards Ms, Sandra Joyce Mr. John Winlerbottom Mrs. Sharon Williams Deanery Synod: Mrs, Kathy Richards Mrs. Barbara Warren Mrs. Sue Cutler Co-opted Members.. Mrs. Helen Brown (Hon Treasurer} Independent Examiner. Mr Grah8m Cook Godfrey Mansell & Co Hales Court Slourbridge Road Halesowen Wesl Midlands B63 3TT THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES, HILL, SUTTON COLDFIELD INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023 I raport to the Charity's trustees on my examination of the accounts of the Charity for the year ended 31 December 2023, which are set out on pages 8 to 20. Responsibilitie5 and basi5 of report As the Charity's trnslees, you are responsible for Ihe preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'Ihe Act'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145151{bl of the Act. Indep¢nd¢nt examinèr's statament I conflfm that l am qualified to undertake the examination because l am a fellow of The Institute of Chartered Accountsnts of England and Wales and a fellow of The Chartered Institute of Management Accountants. both of which are listed bodies. I have completed my examination. l Confimi that no material matters have come to my attention in connection with the examination giving me cause lo believe that in any material respect.. Accounting records were not kept in respect of the charity as required by Se￿I￿n 130 of the act., or The accounts do not accord with those records., or The accounts do not comply with the applicable Te9uirements concerning the foTm and content of accounts sel out in the Charilles (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair view, which is not a matter considered as part of any independent examination. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this repoTt in order to enable a proper understanding of the accounts to ba reached. 09/.1., Graham Cook FCA FCMA For and on behalf of Godfrey Mansell & Co Ltd Chartered Accountants Hales Court. Stourbridge Road, Halesowen, West Midlands. 863 3 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLE51ASTICALPAR15H OF STJAMES HILLsurroN COLDFIELD STATEMENTOF FINANCIALAcTrvmES INCLUDING INCOME & EXPENDITURE ACCOUNT FOR THEYEAR ENDED 31 DECEMER 2023 No-.05 Un￿StICted Fund5 Restrlcted f Linds Endown)ènt Funds Total Total 2023 2022 Incoming Re50urce5 Income aiid etidowment5 from:. VoiL.n-:ary pr.corne -.ies iorsér.-era-:riG iur.¢s Iricome irom Eri￿e5-pi9l F.5 '.ncoHé frorn c￿1 irch ar.Ibi-te5 D5, ?99 £ i,OoO 14,489 £ D4.58? ?9.056 E 94, j55 £ ti,JDg £ 14,579 £ D4,s8? IID,498 2c 2d 90 £ 9.79Y Total Income l?Q, !?0 29,aSo £ 90 £ Resource5 Expended Expene;_u'ré on chdri-.abi e Cibir. D:"oc&s >a 7.097 £ o,oJJ É 592 £ )8.49- 88,875 £ 7,a97 £ 3a.ooj i 592 £ .7i5 3b CPTrLirctri arid ch.urchiard cos-.5 Ckibfth. ien-.re rurin r.g CCfS-.S '.ri veS-.fi&n- proper.'y COS-S Adrn..r41S-fa.iOr. Total Expendit(Ire 1?6:S•? 88,875 E jf 6QO £ lJ,950 £ !0.. ?oi Y-,1,891 £ is? 841 £ Gair,ILoss or, iriV¥S:nerJ.S ?c5 j72 D.ti.48 £ i 9,JO4j é-. ifiCOfiEloxperier-iJre 115, ?891 £ 18.106 £ i76 £ 187 0tr6j Trar.5':er be-4tre&r., e- rpOVéryiér.- ir5 ' j15,?89j £ 18,100 .19 18? 06b,' Twal -. Lintrs 5roij.gh- .OTrknrar 19.098 £ D98.-159 £ 780. 375 To-,al fLifie5 Carrie¢- rLif4*arG D58,8S- 701.352 £ 10 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF STJAMES HILL.SU￿oN COLDFIELD BALANCE SHE FOR THE YEAR ENOED 31ST DECEMBER 2021 .lo-.es 2023 2022 Fixeil Agselg Tarr,bi -rèvtr.Ll:b invwS-.f4¥fi. pfL por. és-.rier.-.s 4i.510 441,ti5 Current Assets D•b-.ors trr.c pr￿p￿?.￿er￿.S S￿Or.-•￿ oepos.'- Casti ￿. bark ar..d ir r.ai-:c LO 7.574 51.01 ,9)8 )7) JIL Croc."-.ors-4•1 Ol￿r-.$ &:.;.p.c ,'s.-r.Ir, or@,.•ar li 78.9J91 N￿(URRENT ASSErs 251.SiD 74y,50? TOTALASs￿5 LE55 CURRENTLIABILtfiES ti98 1?9 REPRESEiwfEO B Y PARISH FUND5 Lf￿r￿5-r..C-e ti58.SS'5 D/4,17? 00 19,b98.ao J, ?89,00 98 L)9 Ré5-.r,c-.eu Er.do:' J UL, i5? 4ppfLive6 b)'-.rie Jarock,ia' CPrL'rcr. CoL.r.c'," or, 0 s.'Er.•o or :-_s b￿￿la.., bi Ck.airriar, Treasi'.rer Tr..& no-.os or. Pdg£ts I?.!s'orrn par. o.: -tr.esp accoi If,-.5 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF STJAMES HILLSU￿oN COLDFIELD NOTES TO TrIE FINANCIAL STATEMENL TS IContinLie(11 FOR THE YEAR ENDED 31 DECEMBER 2023 INCOME Unre5¥lf¥ed Rer¢ric¥ed EndoL.,meir Funds 202J 2022 I Voluntary income ar.réc QJW,r..s Cober.ari-.S &)r,o c.. Ir.cori¥ Tag rv:ov&fab'. Cl-.ar.': O-.trYf Oidr..-. Co.: ¥E-:On5 jO?@r, pi&-.e -.cp< DLir.a-:or.< R•nrc*r'.rg- ￿l'r.Cr5.S.rl 40. .62pi 0.159 75a ,705 8.18: 400 ?ai 4e5rtiC 1.979 oa 1:. 496 17.101 LQ a9 It 6.498 bl Actlvltles for Eeneratlng funr19 App OIS ifLC'.uc-' r.c'*ra..'L.fiCk.: Ckr.g-_rna< .=a'.r df..ti Cp i i¥f IL.rc rd'S='r..g p ar,s",; n3goZ r.e sa'.es Gror,-.s Inrctr.Lri*. ar_,'v.:_IpS 48D 5..574 ti.198 0745 cl Inconie from inveslmenits Oiv".tt.éi QS EXPENDITiJRE idoi¥n)en Funds 2023 2021 èl Cl?arltable Glvliig SècL':artriar:'_.ies b) Oioce5e 04nC¥Sar, parr5P, sPior cIClergy Cost5 7.097 7.097 ibl iO,OCD 3J.DJQ JOGQC icL 5(2 958 95S -Sb6 59? 8?9 'icarace d.erra-ps e-.c IOID 1.84 59? d) Cliurch and ChLircliyard CO515 C￿.￿r£h-rbr.r..rvc &Kper.or.i￿6.prlp.-, -￿orIary 5559 i4ti 92 447 S.749 417 9.gk9 6a0 10079 >54 2.U9> *6 20ti 357 bss ig9 Cl-iurch groups Tr.-IL'SIC TDr Chiiorer. Barik £k.argès ?92 iD8 598 1114 1800 44ti 987 1.800 >512 IdÉperi¢en-. Exanir.or LeG&l Fees 1.800 Ib.Si4 60D TOTAL RESOVRCES EXPENDEO ITI,891 10,9iQ 18? Nl ?tiO,sS5 13 THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF STJAMES HILLsvYfoN COLDFIELO NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YFAR ENDED 11 DECEMBER 2021 r COSTS 2023 2022 ages ar.0 5alar'.es ri.9b9 Avérace nuiTber of ernployees- 4,: Ctr.ari-.ablo At-IVl-.Tes Tk..e S-..arnes payfoil,'sas c.oses QL4r.'ri ?02a. Acm:'r..Is-r4.gr5 ar.d c':earbèfs ￿l..ère &mp.oyee or. par.--.'rye bases. .rOLl￿ -ceri£lQS.-.o provide noro flEx'bi￿ p'iork.Ir.g èrrarigpner,- duri-.,s-.hé par,dem",c. Tr.is 'Ip er. a pairo,. P..as fio,. been reopeneo ar,o..iére ?.e￿iCh-ee-O li elcone a IL,. '.fi¥ CP.tsrC￿. ce-. -re ryiar.3cer'.ri Sep-.eribér20?- TF-..￿ Ch.lJrcP,'s D,'rer.oroT miJsiC:.ei. ,LircP, sérV'ceS-_￿4 S'¥eor, .anes duririg 2Q!? KiofdnO-.PJér ropè, 11 orgdfiiSL hdve Piaied QL'f.'nG Trus-.e*5 rernb.r,er3-.ion Ni il175??.IEIj 5 RELATED PJlRT.:ES T￿.ere D.0 rela-.èe p4r.y-.r￿rs0￿.dOr.5 ￿￿rIV.5-.}-&e period j2Q21-Niil ti TRUSTEES. EXDEIlSE5 )4 TP.e roifiol'rsèmeffi-: Oi -.riJs-.ees eKpefise5 ?0?? Nyrnber ILir)b•r ?02s Trave:. Subsis-erice Accorirnod34iOr, er 940 94b 14 THE PAROCHIAL CHUR(H COUNCIL OF THE ECCLESIASTICAL PARISH OF STJAMES HILL,SVThON COLDFIELD NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl FOR THE YEAR ENDED 31 DECEMBER 2023 4 Tangible flmed a55etS CtrIL-rcFI ceri.re reePioIc Ctr41JrcPI ar".0 crn-.re E4'JipfiÉr.- To=a:. Cos-. nrvèil ia-jor. A-. 1 .ariL'&ri ?J23 Aodi-:iif.s a- co5- A- 31 Decernbor ?J?- 585 bj> Doprec':a-.iOr. .1 ..ar,.uary ?92" CP,arce iof ipdr A-. 31 OecenbÈr20?- b7,)89 7,028 Y4.417 ?02,7!1 16,785 145.119 ?19,4 No-_ book valLI! iL De¢enber ?D?j )j.Q47 ib5.797 51 Oecornbér ?O?I 407 j87582 9 Investments 29?s ?0?2 va',1 a-. 1 .ariliary DiVaGer,.cs ro.'p.VvS-.eo iL'a*ior, g-a'.r, D.zlarko-. va:.i.e a-. 31 Deienber 1,98ii 6.D58 j9.G045 STJAMES HILL.SIThON COLDFIELD NOTE5 TO TklE FINANCIAL STATEMENTS Icontlnuedl FOR THE YEAR EAJDED 11 DECEMBER 2023 IU Déb-.ctrs anc Jrep&ipT>r.- )D? Deb-.ors Tax roco'Jerable t46 65 L>.lti? 9,000 918 repa¥rner-s r-.a.. 0ob".ors 11 CrÈcl,-.ors'. ctsrp I";- '.r.. kine'jÈèr 2a2) ?0?? riOLifi. 'r4 tr￿,￿ ';fi or.&'yo3r Tracy Cr￿C.-Ors 41-.'es ar.rt o-.k.tr ios=s 02 ?8,9a9 r:ceper:tten- ExortJfi&f5 rt4ifiLir,pra..'or, C¥per.cEr.- rYari.r.ers rerni rrerit_,ofiS dmoiAf:-.s-.O ￿r. '.r.041•r.o￿r.- elan..r￿u.'.Or...0o n £L,8￿￿:.r..£ Va-. 1 2J??. £1.8aJj 16 THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF STJAP4lES HILISUThON COLDFIELD NOTES TO THE FINANCIAL STATEMENTS Icontiniiedl FOR THE YEAR ENDED JI DECEMBER 2Q25 1 ? Fiinds reconciliation 'r,￿r.r'.C-,ett rL'n¢s Balai)cè al 01 JaiiLiars' 2023 Ir..COfie .,sj Lo55e5 Expono'-.ure TrarbS'.ers )O?ts Jrif¥S-.rir:e 50i.09". 0 J 1dl,507.UJ ILDS,808.aO', 99.978.ao 6b..ODO.OJ 4.541.0 ti84.00 lo.LO? UO 1.95D.DO 4b2.00 q77,57ri,lJO 95.870.JO chb.rctr Rvr.or4 ori-. Chuirch?'ar Orsar, Repa4rs Char,'.y RpS¥ry1 ur..0 1,088.0 75."9-.JQ 11,5 j8. 50J,aa 674,172.00 150,230.00 171,891.001 0.00 6,172.00 658,883.00 es-.ric-èd il.r.,GS 831ari£e a-. bl Dpcernb&r Balanc¥ 81 31 Dec61nboi 2fJ23 Iricofi Experoi-.ur> Trèrisrers LOS5￿5 -￿r s•rn'@rs CF,urck RèLirtterif4G-L,fiC ".'éSSy ChurcP, rLlbsi£ .=or Ckijd.rpr. Derneri.'.alRope CO￿e OrGan:'s-. j ￿.1￿s,,C-. iJfie j.og ?4,a56 15,7Dti,"O 1.5ao.o 5,158.JO 117?D.00 4,4aJ.ao 5,158.gJ 5.CQO,?Q liooj 19,698.00 29.056.00 110.950.001 17,804.00 Er,.do'4trnEri. 4.289.00 90.00 286.00 4.605.OQ Total Fun(Is 698,159,00 179.376.00 (182,841.001 6.658.00 701,152.00 17 TrIE PAROCHIAL CHURCH COU.NCIL OF THE ECCLESIASTICAL PARISH OF STJAMES HILLsuFfoN COtOFIELD NOTE5 TO THE FINANCIAL STATEMENTS Ilontinue(l) FOR THE YEAR ENDED 31 DECEMBER 2023 l? Funds reconclllatlon cont... 6alan-è al 1 J?nuap,' 20£2 ricome 8￿..afIce a-. Oetémb*r rirpq-ric-.ett'.Lli PC5 Ga!r..s:' LQSSV ExoWfiCI-iJr￿ Tror,sf•r< ?a?? Lr..ro5-,r',c=¥ )Ql.S?".?ts 179. gvD.00 *5.l45 j.517.O3 i 3?7 459.oaj '.u'r(fr, Rps-.ora- or, -L'r.c CkLrctr.yurc Orcari Refja'rs Cr,ar,'-.¥ F.eserve 99.918.Oa -) 7ti3. tiD.ao J S41.QO iJO.CO 749.807.00 187.223.00 1254,254.00) 18,604.001 674,172.00 Res-.riC-od'.LfiOS Balan-& al Sa.hr.Cv d. De￿riber Gairsi .ti6L 00 .'rcori EA r.e..-.Lir& Tri*f..s,vrs I-.￿rS￿rv*rs CkFi F.e5-.ora-.iOr.. o,I:.l.JO jD.Isl.aOj i..essy CPIL'.r£h. 1.4DG.OQ Iljl's'c-or Cr...Icrer. 1S8. Oeryer4...'a?pop# C(Ifs 25,819.00 10.00 16.131.001 19,698.00 r.COh?mér.-. 4.599.OD go.00 1400.00 4,289.00 Total Funds 780,225.OD IB7,123.00 1260.385.001 19,004.001 69B,159.00 18 THE PAROCHIAL CHURCH COLINCIL OF THE ECCLESIASncAL PARISH OF STJAMES HILL.SU￿oN COLDFIELD NOTES TO THE FINANI CIAL STATEMENTS Icontlnued) FOR THEYEAR ENDED 31 DECEMBER 2023 ' yS:'S o.. le-. A$5P-.S Llrires-IC-.eD Res-.r..r.ec Eneo:. Ilarcs To=al riKee Asse-.s CiJrrer,- Assp-s cl￿rrer.- Lrab..: 459,80s.JO )4? 18? 00 j ?3,102.OOj .715.00 443,51ti, 28Q.338.00 107 aol i58,883.aO i7,804.0tt 4,Di4 ao conp￿ra-IVe..nf0rrna-'Orn '.r. resp&c= o!-*o procpee..r..g pér..od IS as Ioi.D'..J5' Jr,res-ic-.èti Rer.rpC-.ett Ylir.,os ,ds To":il -ixec 45Se-s CbrrÉri& 45Sé-.S Ctyrrer,- LiJb.'. 5,i51.J 938.00 ?51.D57.00 ?75.4IL.Q" 754.7j4 JO 128,9J9.COj 19.698.00 To-.a ti14, J7) 19,ti98 4, )69 698.149 19