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2023-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOOR

ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31st DECEMBER 2023

CHARITY REGISTERED NUMBER 1134844

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOO

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2023

Contents Pages
Trustees Annual Report
Reference and Administrative Details 1
Structure, Governance and Management 3
Objects and Activities 4
Achievements and Performance 5
Financial Review 5
Trustees' Responsibilities 6
Report of the Independent Examiner 7
Statement of Financial Activites 8
Balance Sheet 9
Notes to the Accounts 10-14

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOOR

TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31st DECEMBER 2023

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS

Name of Charity: THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOOR Working Name: PCC ST JOHN'S BOXMOOR Charity Registered Number: 1134844 Date Registered: 11th March 2010 Governing Document: Parochial Church Council Powers Measure (1956) as amended and Church Representation Rules Objects: Promoting in the ecclesiastical parish the whole mission of The Church of England Principal Office: St John's Church Hall St John's Road HEMEL HEMPSTEAD Herts. HP1 1JY Trustee: The Parochial Church Council (PCC) The individual members of the PCC are Trustees and are listed on the next page Independent Examiner: Mr Roger Taylor Bankers: NATWEST BANK PLC 9 Bank Court HEMEL HEMPSTEAD Herts. HP1 1BS

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOOR

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TRUSTEES' ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31st DECEMBER 2023

The Parochial Church Council (Trustees) 2023

Reverend Michael Macey Vicar Rosie Akeroyd Elected Member Christopher Angell Elected Member Philip Barton Elected Member Sandy Cutts Elected Member Marian Davies Elected Member Dee Fisher Elected Member Joanne Fisher Deanery Representative Jean Garner Elected Member Graham Gibbs Deanery Representative Bob Hammond Elected Member Mark Harbour Elected Member Lorraine Ioannou Deanery Representative Carole Lewis Elected Member Anne Lyne Elected Member James Proehl Elected Member Job Rombout Diocesan Representative Cathy Shaw Elected Member Rosie Shaw Elected Member Trevor Standen Elected Member Di Tovey Elected Member

Chairman

Hon. Treasurer

Until 23rd April 2023 Churchwarden

Deputy Churchwarden

From 23rd April 2023

Reader

Churchwarden Deputy Churchwarden

Daughter Churches

The Parish of St John's, Boxmoor, contains the daughter churches of St Stephen's, Chaulden, and St Francis of Assisi, Hammerfield.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOOR

TRUSTEES' ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31st DECEMBER 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

CONSTITUTION

The Parochial Church Council of the Eccliastical Parish of St John's Boxmoor is a body corporate whose Governing Document is the Parochial Church Council Powers Measure (1956) as amended and the Church Representation Rules (2011).

APPOINTMENT OF TRUSTEES

Members of the Parochial Church Council (PCC) are also its Trustees unless otherwise stated. Under the Church Representation Rules, clergy, churchwardens and readers together with Deanery and Diocesan Representatives are members of the PCC.

A further fifteen lay members are elected by the members registered on the Electoral Roll at the Annual Parochial Church Meeting (APCM) . Elected Trustees shall hold office for three years with one third of their number standing for election each year.

In addition, there may be a maximum of two co-opted members as determined by the Trustees. Co-opted members may only serve until the next APCM

APPOINTMENT OF OFFICERS

In accordance with the Church Representation Rules, the minister of the parish shall be the Chairman.

Vice Chairmen and honorary officers are appointed at the first meeting of the PCC following the APCM.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOOR

TRUSTEES' ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31st DECEMBER 2023

OBJECTIVES AND ACTIVITIES

OBJECTS

The objects of the Charity are to promote in the ecclesiastical parish the whole mission of The Church of England.

The provision of grants, buildings, facilities and services with the object of enabling the mission of The Church of England to be fulfilled.

ACTIVITIES

During the year PCC, Standing Committee and other committee meetings were held on a regular basis either in person or on-line. Regular services of worship were maintained with enhanced pastoral activities to continue to encourage the congregation back into church following the Covid pandemic. The popular ‘OMO’ (on my own) lunches, ‘Friendship Teas’ , Tiny Tots, Messy Church and other Groups continued apace.

We continue to rely on major fund raising activities to balance the boooks. These have continued and included a Summer Fete, Christmas Tree Festival, Countdown to Christmas Fair, New Year concert, quizes, raffles and educational activities involving local schools. We also receive regular educational visits from local schools and host school carol services.

Our Director of Music has enhanced the musical side of our worship and guides an active church choir who perform at monthly Choral Evensong services and on other special occassions and continues to develop a Junior Choir who

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOOR

TRUSTEES' ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31st DECEMBER 2023

ACHIEVEMENTS AND PERFORMANCE

The Parochial Church Council (PCC) meets in principle on the second Tuesday of every other month, with the Standing Committee meeting, if required, in the alternate months. Detailed minutes are kept of all PCC meetings which are distributed to all PCC members and to any member on the church electoral roll on request. A shortened version of highlights from the PCC minutes is published, when practicable and appropriate, in the parish magazine.

As a matter of routine, the PCC approved minutes of previous meetings and monitored progress on action points. It also ratified decisions taken by the Standing Committee through approval of its minutes. Reports from the Vicar, Churchwardens and Treasurer have been received at each meeting. Progress on our Mission Action Plan has also been monitored, each goal considered individually meeting by meeting. Reports have also been regularly received from our daughter churches and from the various PCC committees: Communications, Finance and Giving, Fundraising, St John's Hall, Music at St John's, Pastoral,Social,Worship and Youth.Reports were also received on the activities of the Deanery, Pray Hemel and Churches Together in Hemel Hempstead.

Substantive ad hoc matters considered by the PCC during the year included monitoring the return to post-pandemic conditions, where gradual growth took place month by month, especially at and following major festivals. The demography of our congregations however remains a matter of some concern, despite attempts to improve our profile amongst younger members of the parish. Upgrading of the installation of new streaming equipment into St John's church and the related need for a high-speed fibre internet connection was a regular topic, not yet fully realised.

Safeguarding procedures were reviewed and updated following the introduction of new rules by the Diocese.

The PCC also considered plans to mark the 150th anniversary of the St John's building in 2024 and progress with moves towards becoming an eco-church..

FINANCIAL REVIEW

The Parochial Church Council requires funds only for the achievement of its Objects. This includes the making of grants to suitable organisations, the provision of buildings and facilities plus the provision of services.

The PCC's policy is to maintain a General Fund for St John's and St Stephens together and seperately for St Francis both with sufficient working capital to meet the next three month's budgeted expenditure. Restricted Funds have been established for specific purposes as detailed in Note 9 to the Accounts.

Other reserves comprise four Endowment Funds:

The Centenary Fund (established to provide for the maintenance, repair and extension of the Church, its fixtures and fittings) generates interest which is reinvested until required for the St John's Fabric Fund.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOOR TRUSTEES' ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 31st DECEMBER 2023

FINANCIAL REVIEW (Continued)

The Rolph Bequest provides an income stream for the support of assistant clergy in the Parish.

The Freeman-Rolph Fund provides income for use at the Incumbent's discretion to assist parishioners in need.

The Gulliver Bequest provides an income to St Francis' Church.

Apart from the income from endowments, the General Fund relies on Parishioner giving, donations, fees from weddings and funerals, Hall lettings and fundraising events.

Our finances were again adversely affected by the aftereffects of the Covid 19 pandemic. However, the financial results for 2022 showed continuing improvement over those for 2020 and 2021 for both St John's and St Stephen's and at St Francis', and most areas of income recovered further. As a result Parish Shares were met in full.

At St Francis the deficit on day to day activities (unrestricted funds) was reduced to roundly £400 whilst St John's and St Stephen's returned a surplus of over £17,700. This latter figure was, however, only achieved as a result of the receipt of a significant legacy and major one-off donations, without which we would have remained in deficit.

At St John's the Fabric Fund was used to pay for the installation of a new broadcast system, although the full benefits await optical fibre links reaching the church. A defibrillator was also acquired and installed at St John's, benefitting both Church and Hall users.

TRUSTEES' RESPONSIBILITIES

The Trustees are required to prepare accounts for each financial year which give a true and fair view of the state of affairs of the Charity and of its profit or loss for that period. In preparing those accounts the Trustees are required to:

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The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 1993 (as amended by the Charities Act 2006) and Regulations made thereunder. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Standing Committee on behalf of the Parochial Church Council on 13th June 2023 and signed on its behalf:

M.Macey

Rev'd Michael Macey Chairman

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOOR

INDEPENDENT EXAMINERS REPORT TO THE PCC OF THE ECCLESIASTICAL PARISH OF ST JOHN'S, BOXMOOR FOR THE YEAR ENDED 31st DECEMBER 2023

This report on the Financial Statements of the PCC for the year ended 31 December 2021 which are set out on pages 8 to 14 is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 ('the Regulations') and section 145 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 the Financial Statements; you consider that the audit requirement of the Regulations and Section 144(2) of the Act do not apply. It is my responsibility to examine the Financial Statements under section 145 of the Act; follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Act and state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 accounts.

Independent examiners statement

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

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed:

R.Taylor

Roger Martin Taylor Dated: 27/2/24 8, Varney Road Hemel Hempstead HP1 2LB

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOOR

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st DECEMBER 2023

Note
Incoming Resources
Incoming resources from donors
2a
Other voluntary incoming resources
2b
Income from charitable and ancillary
trading
2c
Other ordinary incoming resources
2d
Income from investments
2e
Total Incoming Resources
Resources Expended
Grants
3a
Activities directly relating to the work
of the church
3b
Fund-raising and publicity
3c
Church management and administration 3d
Total Resources Expended
Net Incoming / (Outgoing) Resources
Gains and Losses on Investments
realised
unrealised
Net Movement in Funds
Balances brought forward at
1st January 2023 (2022)
Transfers between Funds
Balances carried forward
Unrestricted Restricted Endowment
TOTAL
TOTAL
Funds
Funds
Funds
2023
2022
£
£
£
£
£
107,044
482
-
107,526
118,865
30,313
1,796
-
32,109
21,501
55,631
-
-
55,631
60,472
50
-
-
50
-
5,272
1,840
-
7,112
5,695
198,310
4,118
-
202,428
206,533
4,381
3,956
-
8,337
4,441
169,385
9,722
-
179,107
171,346
3,002
-
-
3,002
3,624
13,741
-
-
13,741
12,160
190,509
13,678
-
204,187
191,571
7,801
(9,560)
-
(1,759)
14,962
-
-
1
1
-
-
-
34,599
34,599
(38,045)
7,801
(9,560)
34,600
32,841
(23,083)
64,063
512,459
319,211
895,733
918,816
(10,000)
10,000
-
-
-
61,864
512,899
353,811
928,574
895,733

9

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOOR

BALANCE SHEET AS AT 31st DECEMBER 2023

Note
Fixed Assets
Tangible fixed assets
5a
Investment Assets
5b
Current Assets
Stock
Debtors
7
Short Term Deposits
Cash at bank and in hand
Liabilities: Amounts falling due within 1 year
8
Net Current Assets
Long Term Loans
Net Assets
Funds
6 & 9
Unrestricted
Restricted
Endowment
2023
£
493,474
353,758
847,232
-
14,541
8,987
58,814
82,342
(1,000)
81,342
-
928,574
61,864
512,899
353,811
928,574
2022
£
493,474
319,159
812,633
-
6,138
8,709
69,283
84,130
(1,030)
83,100
-
895,733
64,063
512,459
319,211
895,733

The notes on the following pages form part of these accounts

Approved by the Standing Committee on behalf of the Parochial Church Council on and signed on its behalf:

M.Macey

Chairman

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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2023

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOOR

1. Accounting Policies

The accounts are prepared on an accruals basis, in accordance with the Church Accounting Regulations 1997

The accounts also comply with the Accounting and Reporting by Charities: Statement of Recommended Practice (FRSSE 2015); Charities Act 1993 (as amended by the Charities Act 2006) and Regulations made thereunder; and with applicable accounting standards.

The accounts are prepared under the historical cost convention

2. Incoming Resources
2a. Incoming resources from donors
Planned giving
Collections(open plate) at all services
Sundry donations
2b. Other voluntary incoming resources
Appeals
Legacies
Fêtes & other fund raising events
2c. Income from charitable and ancillary
trading
Magazines
Coffee
Church halls lettings etc
Fees
Merchandising & Printing
2d. Other ordinary incoming resources
Insurance claims & settlements
2e. Income from investments
Dividends and interest including any
reclaimed tax
Total Incoming Resources
Unrestricted Restricted Endowment
TOTAL
FUNDS
Funds
Funds
Funds
2023
2022
£
£
£
£
£
76,083
-
-
76,083
74,941
20,302
-
-
20,302
19,587
10,659
482
-
11,141
24,337
107,044
482
-
107,526
118,865
3,531
1,796
-
5,327
4,839
15,000
-
-
15,000
5,000
11,782
-
-
11,782
11,662
30,313
1,796
-
32,109
21,501
1,747
-
-
1,747
1,907
1,465
-
-
1,465
1,078
26,208
-
-
26,208
23,937
24,914
-
-
24,914
31,500
1,297
-
-
1,297
2,050
55,631
-
-
55,631
60,472
50
-
-
50
-
5,272
1,840
-
7,112
5,695
198,310
4,118
-
202,428
206,533

11

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOOR

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2023

Unrestricted Restricted Endowment **TOTAL ** FUNDS
Funds Funds Funds 2023 2022
3. Resources Expended £ £ £ £ £
3a. Grants
Missionary & charitable giving:
Church overseas
missionary societies - - - - -
relief & development agencies 1,001 - - 1,001 690
Home missions & other Church
Societies 3,380 3,956 - 7,336 3,751
4,381 3,956 - 8,337 4,441
3b. Activities directly relating to work of
the Church
Ministry: diocesan parish share 89,531 - - 89,531 88,151
clergy expenses 6,179 - - 6,179 5,212
Church - running expenses 48,625 1,169 - 49,794 49,986
Church maintenance & Repairs 5,999 8,553 - 14,552 11,701
Expenditure on parish magazine 1,050 - - 1,050 1,048
Church hall running costs 3,220 - - 3,220 3,020
Music 14,781 - 14,781 12,228
169,385 9,722 - 179,107 171,346
3c. Fund-raising and publicity
Costs of fêtes and other fund-raising
events 3,002 - - 3,002 3,624
3d. Church management and administration
Administration:
Printing & stationery 5,952 - - 5,952 4,916
Telephones 772 - - 772 651
Administrator 7,017 - - 7,017 6,593
Loan interest & costs - - - -
13,741 - - 13,741 12,160
Total Resources Expended 190,509 13,678 - 204,187 191,571

4. Staff Costs

Music expenses include payments made to St John's Director of Music and Administration costs include payments made to the Parish Administrator. Church hall running costs include payments made to the St John's Hall caretaker and Hall cleaner.

No National Insurance or pension contributions were payable in respect of any of them in 2023 or 2022

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOOR

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2023

5. Fixed Assets for use by the PCC

5a. Tangible fixed assets

Buildings - St John`s Hall & West End £493,474 (2021 £493,474)

5b. Investments
15,649 shares in the CBF Investment
Fund (historical cost at
31st December 2023 : £ 31,645)
6. Analysis of Net Asset Fund
Fixed Assets
Current Assets
Current Liabilities
Long Term Loans
Fund Balance
7. Debtors
Prepayments of insurance
Gift Aid Claim
Other
8. Liabilities: Amounts Falling Due
Within One Year
Parishioner Loans
Creditors for goods and services
2023
2022
£
£
353,758
319,159
Unrestricted Restricted Endowment
TOTAL
Funds
Funds
Funds
£
£
£
£
-
493,474
353,758
847,232
62,864
19,425
53
82,342
(1,000)
-
-
(1,000)
-
-
-
-
Market Value
2023
2022
£
£
353,758
319,159
Unrestricted Restricted Endowment
TOTAL
Funds
Funds
Funds
£
£
£
£
-
493,474
353,758
847,232
62,864
19,425
53
82,342
(1,000)
-
-
(1,000)
-
-
-
-
Market Value
61,864
512,899
353,811
928,574
2023
2022
£
£
2,724
2,575
9,017
3,563
2,800
-
14,541
6,138
-
-
1,000
1,030
1,000
1,030

13

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOOR

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2023

9. Fund Details
Restricted Funds
St John's Building Reserve
St John's Fabric Fund
St Francis Fabric Fund
Music Fund
Vicar and Churchwardens' Discretionary Fund
St John's Social Committee
Wedding Advances
Memorial Window
Holiday at Home
Joyce Ralphs Bequest (St Francis)
Michael Abbiss Bequest (St Francis)
St Francis Vestments Fund
Endowment Funds
Centenary Fund
Rolph Bequest
Gulliver Bequest
Freeman-Rolph Fund
Balance at
31/12/23
£
493,474
9,079
1,300
443
6,086
661
231
350
1,275
-
-
-
512,899
153,573
47,562
28,573
124,103
353,811

14

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN'S BOXMOOR

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2023

10. Missions and Charitable Giving 2023

Beneficiary
Bibles for Children
Bishop's Harvest for the Hungry Appeal
Childrens' Society
Churches Together in Hemel Hempstead
Disasters Emergency Committee
Churchyard Twinning
DENS
St Mungos
Gross
Donation
£
750
80
807
100
801
120
1,110
613
4,381
Collection
£
80
807
-
801
120
1,110
613
3,531
Allocation
from PCC
£
750
-
-
100
-
-
-
-
850

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