Trinity
Churches
c?
GROWING FAITH PROCLAIMING HOPE LIVING THE LOVE OF JESUS
Annual Report and
Financial Statements of the Parochial
Church Council
of Meole Brace
For the year ended 31st December 2023
Charity registration number: 1135066

The Parochial Church Council of
Hol Trinit Meole Brace Shrewsbu
Page 3
Trustees, Annual Report
Page 10
Independent Examiners Report
Page11
Statement of Financial Activities
Page 12
Balance Sheet
Page 13
Notes to the Financial Statements
Page 2
VAfTH DHOPE

Trustees, Annual Re
ort of the Parochial Church Council
for the
ear ended 31st December 2023
About us
We are a thriving community of Christians in Shrewsbury made up of Holy Trinity Meole Brace,
Christ the King Radbrook and The Church in the Meet Place. We are a Church of England parish
with a big heart for people and an even bigger heart for God.
The correspondence address is The Church Offi￿, The Trinity Centre, Meole Brace, Shrewsbury
SY3 9HF. The Parochial Church Council {PCC} is a registered charily No. 1135066
Aim and Pur
ose
Holy Trinity Parochial Church Council IPCC) has the responsibility of cooperating with the
Incumbent, the Revd Phil Cansdale. in promoting in the ecclesiastical parish, the whole mission of
the Church, pastoral, evangelistic, social and ecumenical.
Structure Governance and Mana
ement
The PCC is a Body Corporate established by the Church of England (PCC Powers Measure 1956,
and the Church Representation Rules 20061 and is a Charity registered with the Charity
Commission. The PCC is governed by the Parochial Church Council Powers Measure (1956) as
nd
amended that came into effect on 2 January 1957. and the Church Representation Rules.
The Parish contains separate Districts for Holy Trinity and Christ the King, each with their own
District Church Councils {DCCs). The PCC comprises the combined membership of the two DCCS.
The method of appointment of PCC members is set out in the Church Representation Rules. All
Church attendees are encouraged to register on the Electoral Roll and to participate in the election
of members of the PCCIDCC.
The PCC members are responsible for making decisions on all matters of general concern and
importance in the parish, and for all financial matters. The PCC is also specifically responsible for
the development and maintenance of the Trinity Centre at the heart of Meole Brace, as well as the
Glebe Field and our property at 47 Imlderley Crescent.
Glebe Field - valued at £25,500 in March 2019 @ £15,000 per acre. As this is
agricultural land the PCC do not feel a further valuation is necessary at present.
47 Wilderley Cres￿nt- currently valued at £213,000 {2022." £220,000), based on
an online Zoopla vaSuation.
PCC members who have setved from l January 2023 to the date this report is approved are..
Vicar..
Associate Vicar
Non stipendiary Associate Minister
Non stipendiary Associate Minister
Ordained Minister (with PTO)
Phil Cansdale (Chairl
Fiona Iddon '
Valerie Pitt
Charles Ruxlon
Nick Webb {Co-Opted 21st of May 2023)
Readers
Gareth Evans
Shirley Stevens
Parish Wardens..
Jenny Surt"
Jo Simpson (till 21. May 2023)
Page 3
FArn4 DHOPE laLO¥E

Anne Hasnip" (from 21" May 2023)
District Wardens
Erica Staples . {from 21 May 2023>
Vacant
Deanery Synod Representatives
Sophie Black
Carol Booles (from 21. May 20231
Amy Ingham Farrow
Steve Jone5 (PCC Secretary)
Sylvia Leake (from 2151 May 2023)
Adrian Lowe
Andrew Prichard {till 21. May 2023)
Rob Surl
Rachel Woods (from 21st May 2023)
Catherine Cullup-smith (untll 21. May 20231
DCC Elecled members:
Olwen Abbott
Paul Bell (Lay vice-chair)
Nikki Jones (from 21, May 20231
David Latcham (till 21. May 2023)
Dylan Mathias (from 21" May 2023}
John Mowbray . (Co-opted Hon Treasurer)
Mick Preston (from 21. May 2023)
Sian Squire (till 21. May 20231
Martin Wilhington
Kevin Pilsbury ' {Co-opled Operations Manager)
Officers of the PCC..
Helen Hinton (Clerk to the meeting)
Shannon Commins (Assistant Clerk) (lill 20 Jan
2023)
The PCC appoints annually a Standing and Finance Committee which also lakes responsibility for
the oversight of the PCC finances. The PCC also appoints the Trinity Centre Management
Committee. the Congregational Leadership Teams, the Stewardship team and the Mission, Relief
and Development Committee. All Committees and teams are accountable to the PCC and report to
il on a regular basis. The PCC met six times over the year. The Standing and Finance Committee
also met six times.
Insurers
Ecclesiastical Insuran￿ Group Registered office Beaufort House, Brunswick Road,
GIOu￿ster GL1 1JZ (till 30th of April 2023).
Trinitas Church Insurance Services (trading name of Arthur J. Gallagher Insurance
Brokers Limited} Blenheim House, 1-2 Bridge Street Guildford GU14RY (from 1 St of
May 2023).
Arrol ArGhitecls Ltd, Sl. Mary's Hall, St. Mary's Court, Shrewsbury, SY1 1EG
Lloyds Bank, Pride Hill, Shrewsbury SY1 1DG and
Architect
Bankers
Investment EFG Harris Allday, 33 Great Charfes Street, Bimiingham B3 3JN
Managers
Independent Jonathan Hill Lichfield Diocesan Board of Finance,
Examiner
St Marys House, The Close, Lichfield WS13 7LD
Page 4
Fa1TH IIIwopE

Ob'ectives and Activities
As a PCC- and across our ministry and mission at Trinity- we remain committed to working out
our vision of "growing faith, proclaiming hope and living the love of Jesus..
The PCC is committed to enabling as many people as possible to worship at our church and lo
become part ofour parish community at Meole Brace, Radbrook Green, the town ofshrewsbury and
beyond. The PCC maintains an overview of worship throughout the parish. and works with the staff
team and other leaders in developing and delivering our shared vision of "growing faith, proclaiming
hope and living the love of Jesus."
On Sundays we do this as we gather together to worship, whether in person or online. During the
week- in our Monday to Saturday lives- we do this wherever we are, on the 'frontlines' of our lives
as well as in some of the more obvious gathering places of Café Connect, the Trinity Centre, the
Meet Place, Radbrook Community Cenlre. local schools, residential homes and many other places.
The trustees of the PCC are aware of the Charity Commission's guidance on public benefit in The
Advancement of Religion for thè Public Benefil and have had regard to it in their administration of
the Charity. The trustees believe that, by promoting the work of the Church of England in the
Ecclesiastical Parish of Meole Brace it helps lo promote the whole mission of the Church (pastoral,
evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish. and that in
doing so it provides a benefit to the public by..
Providing facilities for public worship, pastoral care and spiritual, moral and intellectual
development. both for its members and for anyone who wishe5 to benefit from what the Church
offers,. and
Promoting Christian values and sèrvice by members of the Church in and to their communities,
lo the benefit of individuals and society as a whole.
Review of the Year
The narrative reports presented at the APCM will give a fuller picture of some of the features of
2023. As we look through the bi-monthly reports presented to PCC over the last twelve months,
some of the common features include..
A deepening prayer life. Over the year we continued to find different ways to be encouraging
and equipping people in the journey of prayer. More regular monthly gatherings were held for
our work with children J youth as well as for work on the Meole Estate, coming alongside
opportunities lo pray for Radbrook Green and for world mission. Advent 2023 saw a week of
prayer with resources and opportunities to gather together, in addition to a weekly rhythm of
prayer in Café Connect, the Trinity Centre and Meole Brace primary school. During the year we
were reminded ofthe words of Bishop Jill Duff who said 'Beacons are fanned into f18me by
prayer. There seems to be a patlem that when people pray then flames are lit."
Children, youth and families. At Trinily we place a high priority on all ages of life and stages
of faith Iravelling together, being 'God's amazing family" as we have often described it. The
Children and Families Minister and our new pre-school worker seek to to equip and encourage
many others in building faith with children and youth, and both on Sundays and midweek we
sought to help younger generations experience and grow faith for themselves. Work with
Toddler Groups, Messy church and the older youth feel particularly strategic, alongside th8
important partnership we share with Meole Brace Church of England Primary School and
Nursery. Over these next few months we expect progress towards the appointment of a more
substantive youth work role.
Sharing Faith. Over the course of 2023 we ran an Alpha course and a number of other
midweek groups, both in person and onlinè. For some small groups continue to play an
Page 5
FATh DHOPÈ
LVVE

important role in equipping and encouraging people's spiritual life, and as we look ahead to
2024 and beyond we would want to find ways to encourage more people to have opportunities
to join one. We were pleased to have a confirmation setvice in the summer, and to see young
people and young adults go deeper in faith.
Community Ministry remains an important part of our work, this year particularly focussed on
the Meole Estate and Radbrook Green. Our longstanding inveslment in work on the Meole
Estate continues, partnering with Shrewsbury Food Hub, the Town Council and others in
building up the life of those who live locally. Holiday at Home- including the now-legendary trip
to Barmouth- went very well over the summer, as did the summer'fun in the sun. socials. As
part of our regular pastoral work we continue to visit a number of residential homes in the
parish. including the new homes which have opened recently on the Oteley Road.
'Blessed to be a Blessing" fund continued its work of seeking to support people, families and
projects during the cost of living crisis. We were able to work in partnership with local schools
in particular at Christrnas. and find ways of demonstrating 'hands on, and much needed
support at a time when some are still struggling.
The work of the Trinity Centre. Hospitality remains very much at the core of who we are and
how we do life, and recognising how much of Jesus, teaching seemed to happen over a meal
table we continue to find ways of developing mission and ministry around a generous welcome.
Current bookings appear strong, and we are particularly pleased to have a wide range of
groups and activities taking place on a week-by-week basis. Current issues on the 'lo do pile"
for the Trinity Centre Management Committee include improving our welcome and the lobby
area, a 'lost cost. wedding package. and supporting the amazing work of welcome assistants.
Café Connect. Time during the year was spent reviewing the work of Café Connect, now
twenty years old. We began to look at its effectiveness missionally, as well as the financial
realities of running a small commercial café in very tough trading conditions. The PCC continue
to support the ongoing work of the Café financially. and the need for growing t8am and
encouraging more volunteers is pressing. This will remain on the forefront of PCC agendas for
the next year.
Safeguarding. Every child, young person and adult has the right to be safe when engaging
with God's church. We exercised this important responsibility by discussing safeguarding at
every PCC meeting, and keeping up to date with the DI0￿$an and national regulations which
seek the safeguarding of all children and vulnerable adults. In all of this we are aware that
safeguarding is God's agenda and everyone's responsibility.
Holy Trinity Belle Vue. It is now nearly four years since we began to offer a supportive
oversight to the life of Holy Trinity Belle Vue, our neighbouring parish. During the year Bishop
Sarah {Shrewsbury) spoke to both PCCS about the direction of travel, and how this ongoing
partnership might develop from herè. No decisions have been made about the shape ofthis
moving forward, but we are aware that thi5 will remain an item for discernment and discussion
over the next 12 months for both PCCS and the wider church families.
Living in Lov• and Faith. During the year the Church of England Synod commended prayers
which could be used in regular Sunday and weekday services to ask for Gd's blessing on same
sex couples. These are not yet to be used for special standalone services, though that is very
much part of ongoing discussion and debate. This decision was taken with a c60140 split in the
house of Bishops, and an even tighter split in the November General synod discussions. We
continue to monitor the impact of this national decision al a local level. Decision to use the
prayers or not in Meole Brace parish can only happen at the discretion of the "minister with the
cure of souls. which the vicar Garries.
The Glebe Field continued to be on the agenda of both the PCC and the °glebe committee"
We recognised that some ofthe plans would involve significant finance which we do not
Page 6
FIITH DHOPF
LOVS

presently have. The vision for the field remains as a 'community amenity, sustainably
managed, and where people can enjoy and engage with God's creation.. In no way tying the
hands of future PCCS, for the time being we will not deliver large-scale landscaping, but
instead support short-lerm and lower cost programmes of tree planling, hedge maintenance
and mowing to care for the field and its future uses. We aim to put pedestrian gates into the
field to enable people to ac￿$$ and enjoy Ihe field. There will also be a separate working
group to examine the oplions for sustainable energy generation from the field.
Mission, Relief and Development. We want to be a generous church and find ways of
supporting God's work locally and further afield. It is such a privilege to pray, to get informed,
and to join in alongside a number of different projecls. Each year we also give away at least
1 OOA of our freewill income, which enables us to give over £25,000 lo partner organisations
through our Mission, Relief and Development Committee {MRDC}.
The Staff toam continue to work together to 8qUlP the whole people of God in 'growing faith,
proclaiming hope and living the love of Jesus.. The ministry leaders team meet weekly, and the
church office team serve so ably from the heart ofthe Trinily Centre. We are particularly
encouraged by new and younger welcome assislants joining the team, though there was
particular sadness during the year at the death of Mike Hinton who had been such an integral
part of the Trinity Centre team for many years. As always I would want to pay tribute to
colleagues on the PCC and staff team for hard work and perseverance over the lasl iwelve
months. We are hugely grateful.
During autumn 2023 we looked at the book of N8hemiah in our morning services, which gave a
renewed opportunity to dIs￿r￿ once more what God might be calling us to 'build' in this season of
the life oflhe church. This grew into what was called the"Dream Team" in spring 2024, and we
look forward to reporting back progress on values and vision at this year's APCM.
Revd Phil Cansdale (Vicar)
2023 Finances Lookin
Back
In 2023 the PCC had an unrestricted surplus of £11 k (2022 a surplus of £2kl. with our income
being £414k and expenditure, including transfers, of £402k. Given some significant pressures and
the general financial climate at the moment, we are so grateful to God for the generosity of so
many towards ministry and mission here. See the table below for the summary.
In terms of our income..
The"Blessed to be a Blessing. stewardship campaign was generously supported by many.
with an increase in giving of £39k and £14k being added lo the Cost of Living Fund
Increased bookings in the Trinity Centre improved its incorne by 12% to £79k.
Looking at our expenditure..
The largest increase in expenditure was in premises wsts with utility costs doubling from last
year and increased repairs and maintenance, mainly for the church building. Included in the
£50,000 was a designated £19.000, made up of £8,000 for masonry repairs and an additional
£11,000 to top-up the sinking fund to the £46,184, of which £38,000 is needed to replace the
church boiler.
The saving in salaries came from not yet having a youth minister in post whilst the PCC go
through the process of making a suitable appointment.
The costs of Ihe Trinity Centre increased to support the additional booking plus repairs and
maintenance including a new boiler.
Café Connect continued to need casmow support lo remain open.
Page 7
FAtrH DMOPE

2024 Finances Lookin
Forward
Income is forecast to stay level with 2023 wilh the exception of the Trinity Centre where bookings
are predicted to continue to increase. Looking at other costs and budget assumptions..
Utility costs will rise but we now have renewed contracts in place, so they are controllable.
Salary costs will grow with the cost of living, and staff increases will be due to the pre-
school worker appointment in January 2023 and the hope that a new youth minister will
begin in the autumn.
The diocese are looking for a small increase to the common fund, which we will pay in full
along with a contribution lo support HTBV.
Admin costs will increase, mainly for additional ITlwebsite costs.
Any ongoing Café Connect support will now come from its part ofthe Living Stones fund
(approval has been sart from the Charities Commission as this is a slightly different
application of the fund).
Taken as whole this should leave a small surplus for the year.
2024
2023
Forecast
Actual
£OOO's
£OOO's
2022
Actual
£OOO's
Trinl
Churches
INCOME
Member Givin
Tax Reclaim
Grant Income
Weddin
and Funeral Fees
Trinit Centre and Hos
other Income
Total Income
246
52
247
48
223
57
net
12
89
20
424
17
79
10
71
414
373
EXPENDITURE
Administration
Children and Youn
Peo
le
Evan
elism and S
ecial Events
Common Fund IParish Share
Minisl Ex
Premises
Total Salaries
Tithe
Trinit Centre Ex
Su
ort For Café Connect
Total Ex
enditure
27
21
22
97
93
103
enses
46
107
30
91
50
92
26
97
10
402
17
112
26
62
excludin
Trini
Clr
enses
414
356
Sur
lusl
Deficit
10
11
17
Note= the table is a useful Sltmmary of the actual income and expenditure for 2023 compared to a forecast for 2024. Th858
figures are for our everyday activitie5 and do not include deslgnated or restrirted income and expendlture. such as
disbursements from the PatWedg• le9aGy and galns and losses on fin￿stments. Full •xamln8d ststlrtory finanrAal accounts
aro attached In th8 fullef reporL
John Mowbray (Hon Treasurer)
Pa9e 8
FAIYH FIHtsPt

Resenies Polic
The PCC aims to keep a minimum of 3 months running costs as working capital, approximately
£95,716 (2022.. £89,012). At the year-end, unrestricted reserves stood at £177,476 (2022..
£166.341). This means that there are funds available which we are able lo invest in capital and
mission projects that are being discussed at the moment.
Funds are also set aside in designated reserves for new Mission and Minislry initiatives to help the
work of the Church to continue and grow. Our reserves ar8 sufficient to sustain all cu￿ent Church
activities in Ihe short term.
Related Parties
Donations from related parties (PCC members) during the year were £24,43012022 £16,392).
Fundraisin
The PCC takes it fundraising responsibilities seriously and is very grateful to all donors - whether
regular or occasional - for their support of the church and church events. PCC supporters are
never taken for granted. The PCC take full responsibility for fundraising and do not use
commercial organisalions or professional fundraisers. All money raised is either by donations,
fundraising events. special appeals or legacies for which the PCC are mosi grateful.
Following a discussion in 2020 we relain our current PCC decision that we would not apply for
lottery funding.
Risk Mana
ement
The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises
for potential hazards. We have safeguarding policies in place for child proleclion and for work with
vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are
reviewed annually to ensure adequate cover. An informal review of any new risks which may
impact the work of the Church in the Parish is ongoing.
Safe
uardin
The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy
Discipline Measure 2016 (duty lo have due regard to House of Bishops, guidance on safeguarding
children and vulnerable adults). Safeguarding is a standing item on every PCC agenda.
This Annual Report ¥vas approved by the PCC on 12th May 2024 andsigned on their behalf
by..
Reyd Phil Cansdale (Vicar)
Paul Bell (PCC Lay Wicevchair)
Page 9
DHopt

Independent Examiner's Report to the trusteeslmembers of the PCC of Holy Trinity
Church, Meole Brace, Shrewsbury.
Registered Charity number 1135066
I report on the accounts for the year ended 31st December 2023 which are set out on the following pages.
Res ective ros
onsibilities of the Trustees and Inde
endent Examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an
audit is not required for thi5 year under Section 144 of the Charities Act 2011 (the Charities Act) that an independeni
examination is needed.
It is my responslbility
to examine the accounts under section 145 of the Charities Att,
to follow the procedures laid down in the General Directions given by the Charity Commission (under section
14515llbl of the Charities Act), and
to state whether particular matters have come to my atiention.
Basis of Inde
endent Examlnerfs Statement
My examination was carried out in accordance with the General Directions given by the Charity Cornmi5sion.
An examination includes a review of the accounting records kept by the charity and a comparison of the accounts
presented with those reco¥ds. It also includes consideration of any unusual items or disclosures in the accounts.
and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide
all the evidence that would be reguired in an audit, and consequently no opinion is givèn as to whether the accounts
present a "true and fair" view and the report is limited to those matters set out in the 5taternent below.
Inde
endent Examiner's statement
In connection with my exarnination, no material rnatter5 have come to my attention
which gives me cause to believe that in, any material respect..
accounting records were not kept in accordance with section 130 of the Charities Art or
the accounts do not accord with the accounting records
the accounts do not comply with the applicable requirements concerning the form and content of accounts
set out in the Charities (Accounts and Reports) Regulations 2LK)8 other th3n any requirement that the accounts
give a true and fair view which is not a mattèr considered as part of an independent examination.
I have come across no other matters in connectlon with the exarnirbation to which attention should be drawn in
order to enable a proper understanding of the accounts to be reached.
Slgned..
Date..
41bi12è24.
Jonathan Hill FCMA. CGMA
Lichfield Dioeesan Board of Finance
St Mary's House, The Close, knchfield WS13 7LD
Page 10
SILO

Th? PCC ofHdyTrfnlty C*urch, Mgole 8r4¢8. Shrewsbury
Flmath¢lal Statern•nts fort￿Y1•r ETrded 31st December2023
Stal¢m8ntof Financlal Actlv5tl•s
Unr•stri¢ted
Funds
Designate
Funds
R•stricted
Funds
EndowmenL%
Fund¥
Tot•1
Funds 2023
Tctal
Funds 2022
In¢oming Resourcag
Income and Enoowrnents frorn..
317.445
298 018
A￿￿￿OsT¢1G￿0ra•￿9F￿r￿*
2b
7.790
103 173
rcnAdvtsS
103173
¢r
2e
T¢)tsl
413.690
14.718
428.408
363,463
R*so¥r¢es Expendqd
Expendllure on..
Raising Funds
Church Activi￿￿$
other
3b
Total
582.868
7,863
13.1
403.894
393,248
NÈt In¢(TrjnWIEXpend￿ure}
lJeFore investment
gainsiifos5esl
N¢igain111055e51 on In￿siM*ni$ i
30,824
505
13.1
24.514
9.785
4.2821
Net InCr￿ellExp0nO￿Ur•l
8.85S
24,009
14.067
Transfer bety¥een Funds
119.184
Net Mov•m•nt lth FuTrJs
26,039
13.185
24.009
114.OB71
rotal Funds bTQUghtforward
166.341
105.E31
100.374
372,546
3e6.813
Total Funds tarrl8d fornard
177.476
87.309
3%,555
372.546
PuBe11

The PCC of Holy Trinity Church, Meole 8race, Shrebvsbury
Flnanclal Statements for the Year Ended 31st December 2023
Balon¢é Sheet
Total 2023
Total 2022
Fjyed Assets
T4ngibleAk9ets
Inv*strrWrtA5S&ts
S6.86i
5£,865
57.370
57,370
Totol Flxed Agget9
Current Assets
Debtors mÈyments
Ca$h atbank ani ITr hBno
31,957
309.265
347,221
43.913
281.917
325.831
Total Cvrr•ntA8¥•ts
Current LlalNlitles. due within l year
CT•ditDrs and accrnal$
10.855
Ehace¥an Paiiih Sher
OGEsan L￿￿
Totsi ¢uir•nt LkAklllltl*g
12,316
10,655
Nvt currpntA%s•tsllLlabl￿DSI
334,905
31S,176
Dgbtors du* aftsr ono year
Debto(S
4785
4,785
Lrtbilities due after one year
Total N•t A$$vlsllLl#bllK*I
396,555
372.54
Total 2023
Tot812022
Funds of the PCC
Unlosty￿e0 Funts
Genetsi Fund
177.476
166.341
Oe*gnakd
131 870
105.831
100.37:
87.2(YJ
End￿￿rn&￿t Funds
Total pund&
396,5$3
372,546
ApwovedDytht Par0￿1¥1 Ch￿￿th cou￿1 on.
.s
2024 ind n lis hh*lOy'.
Name The Revd Pnitsca￿1e Ipcc Chai￿0￿)
Th$ noieson Pèiès 13 to 24 torm partofthBi8accounL%
P4e 12

The PCC of Holy Trinity Church, Meole Brace, Shrewsbury
Financial Statements for the Year Ended 31st De¢ember 2023
Accountln
Policies
The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have
been prepared under the Charities Act 2011 and in accordance with the Church Accounting
Regulations 2006 governing the individual accounts of PCCS, and with the Regulations true and
fair view" provisions. They have also been prepared in accordan￿ with the Charities SORP (FRS
102}.
The financial statements have been prepared under the historical cost convention ￿th items
recognised at cost or transaction value unless other)Nise slated in the relevant notes to these
accounts. The financial statements inclLrde all transactions, assets and liabilities for which the PCC
is responsible in law. They do not include the accounts of church groups that owe their main
affiliation to another body nor those that are informal gatherings of Church members.
There may be minor discrepancies in the totsls as the pen¢e are not being shown.
Cashflow Statement
The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a
Cash Flow statement on the grounds that the income does not exceed £500.000.
Goin
Concern
There are no material uncertaints'es related to events or conditions that cast significant doubt on
the charity's ability to continue as a going concern.
Accountin
Estimates and Prior Year Errors
No changes to accounting estimates have occurred in the reporting period.
No material prior year errors have been identified in the reporting period.
Descri
tion of Funds
Unrestricted funds are income funds of the PCC that are available for spending on the general
purposes of the PCC. including amounts designated by the PCC for fixed assets for its own use or
for spending on a future project and which are therefore not included in its "free reserves as
disclosed in the trustees, annual report.
Restrlcted funds comprise of elements :_
al income from trusts or endowments which may be expended only on those restricted objects
provided in the terms of the Irust or bequest
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 usually invest separately for each fund. Where there is no separate investment,
interest is apportioned to individual funds on an average balance basis.
Page 13
DwJpE AILtr

Accountin
Policies continued
Endowrnent funds are restricted funds that must be retained as trust capital either permanently or
subject to a discretionary power to spend capital as income, and where the use of any income or
other benefit derived from the capital may be restricted or unrestricted. Full details of all their
restrictions are shown in the notes to the accounts.
Income
Planned giving, collections and donations are recognised when received or when the PCC
becomes entitled to the resource and the monetary value can be measured with sufficient
reliability. Tax refunds are recognised when the incoming resource to which they relate is re￿ived.
Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and
the monetary value can be measured with sufficient reliability. Dividends are accounted for when
receivable, interest is accrued. All other income is recognised when it is receivable. All incoming
resources are accounted for gross.
enditure
Grants and donations are accounted for when paid over, or when awarded. if that 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 othèr
expenditure is generally recognised when it is incurred and is accounted for gross.
Governance and Su
ort Costs
Support costs should be allocated b&￿een govemance costs and other support. Governan
costs comprisè all costs involving public accountability of the PCC and its Complian￿ with
regulation and good practice.
Support costs include central functions and have been allocated to activity Gost categories on a
basis consistent with the use of resources eg by allocating staff costs by time spent and other
cosls by their usage.
Fixed Assets
Consecrated and benefice property is not included from the accounts by s.10(2}(a)&(Cl of the
Charities Act 2011.
Moveable church furnishings held by the Vicar and Chur¢hwardens on special trust for the PCC
and which require a faculty for disposal are inalienable property, listed in the Church's inventory,
which can be inspected {at any reasonable time). For anything acquired prior to 2000 there is
insufficient cost information available and therefore such assets are not valued in the financial
ststements.
See Note 7 about the properties owned by the PCC.
Investments
Investments in quoted shares, traded bonds and similar investments are valued initially at cost and
subsequently at market value at the year end. Investments held for re-sale are treated as current
asset investments.
Page 14
Ow+l

Accountin
Policies continued
Debtors
Deblors are measured on initial recognition at settlement amount. Subsequently they are
measured at cash expected to be re￿ived.
Creditors and Accruals
Creditors are measured at settlement amounts less any trade discounts. Accruals are measured
on best ests'mate of the amount required to settle the obligation at the reporting date.
Page 15

The PCC of Holy Trinity Church. Meole Brace, Shrewsbury
Financial Ststements for the Year Ended 31st December 2023
UniestriCt•d
Fund5
Doslyn¥¢ed
Fwidg
R•strkted
Fund*
Endowment
Funds
ToiAI Funds
2023
Totil FuNf5
2022
INCOME AND ENDOWMENTS 2
onatfon8 and L•gael¢s
Volunlaryln¢ome
Tax efficient planned giving
2a
191.937
191.937
191.341
Oiherplanned givlng
42.317
14.718
57.035
28,007
Collectlons at semces
All olhergiving and voluntary re￿ip1S
includlng special appeals
8,908
8,908
8.284
3.930
3.930
6,850
ft Ahj Recoverab
47,984
47,984
56.535
Legacie5
Gran15 Irewrring 8nd orÈ-off)
7.650
7.650
5,0
302,726
14,718
317,445
296,018
¢harltable A¢tfjvltlas
Acrivlties ffor Generaling Funds
2b
Fundrai%ing Aclivibes
Page 16

The PCC of Holy TTinity Church, Meole Brace, Shrewsbury
Financial Statements for the Year Ended 31st December 2023
INCOME AND ENDOWMENTS continued
Unrtrtstrictvd
Fundg
DBsignated
Fund¥
Re9Mcted
Funds
Endov•Tnent
Funds
Total Funds
2023
Total Funds
2022
Incomo from Inv95tm8nts
2c
DivK4end5
3.588
3,588
2.907
Bank Inte￿81
4.202
4.202
7g6
7.790
7,790
3,703
Incomè from Church AcUvlt108
2d
Slalutory Fees Irelained by PCCI
16,551
16,551
9,7(
Church Hi
1.4S3
1.463
2,197
Rent
3.575
3.S75
Churchy4rd Contract
2,137
2,137
1.940
Trnity Centre Income
79.055
79.055
70.563
Other IradiTrJ aCti￿leS
392
392
16641
103.173
103,173
83,742
Other Irtcome
Other
Totsl Inwme
413.690
14,718
42B,408
383,463
Page 17

Th• PCC of Holy Tr5nlty Church, Meole Brace. Shrew5bury
Finan¢ial Statements for th* Yoar Ended 31st De¢ember 2023
Unr•strt¢l•d
Fund
Do4lgn&tid
Fur
Endowmvnt
Fund
Tr¢￿ Fund
2013
ToLIl Fuhds
2Q7Z
Fund
EXPENDITURE
R4l#in9 Fund•
Costs G•nernrinyFund8
CoèiB tsf Fun¢ Rais
haritabl• Aclvltleg
Jb
ChuF¢hAcbviles
Griiw and l￿nat￿n$
25.500
7.8e3
10.000
43,363
59.59S
￿￿(¢￿9￿ CommoTr Fund
¥3209
93.2(rf
IT3.20Y
D￿rE$an Common Fund &JppDrt
$￿an0$and Wages
91.736
91.736
1Q8.902
Clergya￿ siaff Expen2eg
5.568
5.568
4,994
CtsU￿h E¥pffnx
Churth EX￿nee9
7.100
7,109
6.372
ChLYth Runnirwj Expense811rt1
3S.348
150
3S,4
35.018
Church Utslity &lls
8.574
8.574
CoBt of TradlNJ ltaa0a2￿ry. bwbtsllekl
10.466
1,269
5,236
TnTrtyC4nlre IlKI￿1n9 sa￿1*5)
97.25
1.746
99.004
62.939
IlaJ0rCa￿l4IExP•ndrtUr?
aprRepait¥ to ChJr¢h
klajoi Re￿1[3 lo church HaVProp&ty
8.098
8,098
795
Bullding Wotk
382.866
7.863
13,166
405,894
393,248
¢Xh•r Expgndftvre
Tot41 Exp•ndilur•
382.866
7,8£3
403.e94
393,248
Page18
AIL¢Tr*

The PCC of Holy Trinity Church, Meole Brace, Shrewsbury
Financial Statements for the Year Ended 31st December 2023
Allocation of Support Costs
Support Costs comprise Trustee Training and Governan￿ Costs etc. Due to the nature ol the financial activitie5 of th8 PCC. these woukl
l* allocated aGross Charitable Expènditurè which comprises the majority of its expenditure and as 5ych ale automats"cally chargèd there.
S (al Staff Costs
2023
2022
Wages & S?laries
National Insuranc&
Pension costs
£157.269
£8,793
£2.805
£145,970
£9.125
£2.231
Average nUrn￿r of èmployees
17
16
The PCC ernployed a part-time Youth Minister lup to the 7th of April 20231. lull-time Child￿n.$ Minister and Pioneer Community Minister
Icurrently a job share). The Church Office tèam is made up of the Operats"ons Manager, Adrninistrator & Events Coordinator and Finance
Clerk, whilst the Trinity Centre is overseen by the Events Manager and t8am of W81cornè Assistants. The PCC also employs a Verger,
Garde￿r and a Maintenance Officer lup to the 5th of Decèmber 20231 in part-lime roles. The vicar and associate vicar are employed by
the Di0￿Se of Lichfield under Common Tenure, and the parish contributes towards these posts through Its eommon fund. The Operations
Manager employed by the PCC 15 also a truslee having beett co-opted at the APCM in May 2022 and May 2023.
The highest paid employee earned £31,06512022.. £28,759) during the year.
There were no ernployee benefits to key management peisonnal in thè pravious or current year.
The PCC uses the National Employment Savings Trust INESTI for its p8n*on paymènts.
5 Ibl Trustees. remuneration and expenses and Related Parties
Kevin Pilsbury. a trustee, was paid £31.065 Igrossl remuneiation during tha ￿ar In hls role as Operations Manager. The PCC made
employer pension contribtion$ and Nl conlribution5 01 £0 and £2,664 respectively in connecl'on with thB ernployment. Kevin Pilsbury
leave5 the meeting when the￿ art any PCC discussions in connection with his employrnent.
3 trustees were paKI £3,06012022.' £1.4241 in respect of tra￿1, subsistènce. an¢J telephone charges during the year.
No othèr payments or expenses w6rè paid to any other PCC rnember, persons dosely connedad to thetn or related parties.
Donab'ons from relat&d parties IPCC rnembersl totalled £24,43012022'. £18,392).
S Icl Fees for the examination of the accounts
2023
2022
Indapendent Examinerfs feès
£350
£300
Other fee5 le.g. accountancy services)
paid lo the Independènt Examiner
Analy$i$ of Transfer between Funds
£19,184 allocated to th8 De%gnatsd Sinking Fund forthe replaC￿Ent ol church heating boilers and m88onry work12022'. £6.0001
40

The PCC of Holy Trinity Church, Meole Brace, Shrewsbury
Financial Statements for the Year Ended 31 st December 2023
7 {al Tangible Fixed Assets
The PCC own the Trinity Cantre Iwithin the curtilage of Holy Tiinityl as well as the Glebè Field and 47 Wildefley C￿S￿nt. The values of
these properties are not included in the balance Sheet at value, the c05t being zero. Pkase sea tho note in the Trustees Annual Report
on page 3.
7 {bl Fixed Asset Investments
At 1st Jan
AdditSons
Di5P05a15
Transfers
Change in
MarkeE Value £
At 31st Dec
Unr•stsiet•d funds
Investments.
57.370
15051
56,865
Total
57,370
15051
56.86S
'3,904 M&G Charitable Unils at Merket Value 31st December, managedby EFG Hams Allday
Assets
2023
2022
8 {al Current Debtors
Unrestricted
Gift Aid recoverable
25,863
36,405
Accrued income
1.847
804
Trade debtors
10.246
1,426
Other debtors Icafé Conn8ct CICI
5.278
37,957
43.913
8 Ib} Debtors dues after more than 1 year
Restrictod
Other debtors ICaf8 Connect CICI
4.785
Total debtors
42,742
43,913
8 Icl Cash at Bank and On Hand- 2023
Unrestrlcted
Dosignat8d
Restrlcted
2023 Totsl
2022
CunEnt Account
17,008
17,008
55,805
Instant Acts5S
67,378
84,058
76,542
227.978
165,075
Pèty Cash
198
198
20
Trlnity Cantre Bank *c
Interioi Decorating Scheme
CBF Deposit (Hilda HardirKJl
1,987
1.987
670
5,882
5.882
5,882
8,399
47.812
56,211
54,465
94.971
131,870
82.424
309,265
281,917
Paoe 20

The PCC of Holy Trinity Church, Meole Brace, Shrewsbury
Financial Ststernents for the Year Ended 31st December 2023
Cash at Bankand On Hand- 2022
Urtrestrietsd
Designatèd
Restrietèd
2022 Total
2021
cur￿￿1 Account
55.805
55,805
7,170
Instant Access
12,564
58,019
94,492
165,075
230,986
Petty Cash
Trinity Centre Bank alc
Interior Decorating Scheme
C8F D8posit IHiPJa Harding)
20
20
20
670
670
1,220
5.882
5,882
5.882
6.653
47.812
54.465
53.758
75.712
105.831
100,374
281.917
299,036
Llabllltles
2023
2022
All unrestricted
9 {al Amunts falllng due in one year
Awruals
350
4.203
Amounts Re￿iVed in Advan
1,096
10,870
1,547
4,905
other Credftors
12,316
10,655
9 {bl Amounts falllng due after one year
None
10 Summary of Assets by Fund- 2023
Unr•strictod
Funds
Deslgnated
Funds
Restrlcted
Funds
Enilowment
Funds
Total
Inv6stsnent Assets
56,865
132.927
112.3161
177,476
56.865
352.006
112.3161
396,555
CurrentAssets
Current Liabilities
131,870
87.209
131,870
87,209
Summary of Assets by Fund - 2022
Unre5tr1¢tsd
Fund¥
Dgsignated
Funds
R8strict8d
Funds
Endowment
Funds
Total
Investsnent Assets
Current Assets
Current Liabllitles
57.370
119,625
110.6541
166,341
57,370
325,830
110,6541
372.546
105,831
100,374
105,831
100,374

The PCC of Holy Trinity Church, Meole Brace, Shrewsbury
Financial Statements for the Year Ended 31st December 2023
11 Summary of Fund Movements- 2023
Reserves at
1stJan
Incoming
Resovrcts
Resources
Expended
Investment
GainslLosses
Transfers
Reserves at
31stDec £
Unrestrictad Fund
166.341
413,690
1382,8661
15051
119,1841
177,476
DeS￿￿8￿d Funds
School House Fund
5,703
5.703
2021 VisionlLlvlng Stones
Clergy Discretionary
Cost of Living Fund
Sinking Fund
Glebe FYaldlHild8 Harding
22,500
1.685
22,500
1.685
14.718
17,8631
7,986
27,000
19,184
46,184
47.812
47,812
105,831
14,718
17.8631
19,184
131,870
Restricted Funds
Fiwila Partnership
Café Conngct
24,002
10,000
14,￿2
5,278
14931
4.785
Meole Bra￿ Youth Club
1.968
1.968
Social Acts'on
2.294
2,294
ChT151rnas Hampers
Sundry Restricted Récèipts
Living Stones
CTK Piano Fund
93
93
18,189
1701
18,119
36,813
37.389
17761
1801
80
Trinty Centre Kitchan Equip
Interfor Decorating Scheme
5.199
11.7461
3,453
5.882
5,882
100,374
113,1651
87.209
Endowment FurKIs
Totsl Funds
372,546
428,408
1403,8941
15051
396,555
??

The PCC of Holy Trinity Church, Meole Brace, Shrewsbury
Financial Ststements for the Year Ended 31st December 2023
Explanatory not• on •ach fund-
Deslgnatedfund$."
School House Fund
2021 VisionlLiving Stones
C18rgy Discr&tionary
Cost ol Living Fund
Sinking Fund
Glebe FieldlHilda HardSng
Proceeds from the sale of the School House, for future upkeep of property.
Seed fund for the Living Stones PTojeds.
Residue of a gift, used al the clergys discretion.
Discretionary fund to help with cost of living crises
Trinity Centre and Church contingency fund. Desigaled in 2022 for new boilers.
Net proceeds from land swap with the Diocese. Held for future projects that honour the
legacy.
Restrlcted funds.-
Fiwila Partnership
Café Connect
Meole Brace Youth Club
Socjal Action
Legacy to be used for Children's education in Africa.
Surplus from the project held on behalf of Community Interest Company.
Grants re￿iVed for use in the community.
Previouly held by Meole Brace Consolid81ed Charities for use by the poor of the Parish.
Lfvlng Stones
Funds raised in 2017. Two projects awaiting completion, the Meet Place and Café Connect.
Donation lo fund a Piano al Christ the King
Donations ft)r Hampers Christmas 2D20.
Donation lo fund new kitchen equipment al the Trinity Centre
Funds held by the diocese for the internal redecoration of the vicarages.
CTK Pkqno FuThY
Christmas Hampers
Trinity Centre Kitchen Equip
Interior Decorating Scheme
Summary of Fund Movements- 2022
Re$erve$ at
1stJan
Incomin9
Resourees
Resources
Expended
Investment
GainslLosses
Transfers
Reserves at
318t Oec £
Unrestricted Fund
159,336
373,333
1356,0481
14,2821
16,0001
166,341
Designated Funds
School House Fund
2021 VisionlLiving Stones
Clergy Discretionary
Cost of ￿VIng Fund
sinkn.ng Fund
Gl8bè FieldlHilda Harding
5,703
22,500
1,685
5.703
22,500
1.685
1,131
27,000
47,812
105,B31
3.063
11,9321
21,000
47.966
98,854
6,0(H)
11541
12,0861
3,063
6,000
Restricted Funds
Fiwila Partnership
Café Connèct
Meole Bra￿ Youth Club
Soual Action
Christmas Harnpers
Sundry Restricted Rècèipts
Lbving Stones
CTK Piano Fund
Tnnity Centre Kitchen Equip
Interior Décorating Scheme
55.747
6.148
1,968
2,294
168
18,189
38,025
131.7451
18701
24.002
5,278
1.968
2.294
93
18,189
37.389
80
5.199
5,882
100,374
1751
1.200
705
6,031
11.8361
16251
18321
5,882
128,421
7,936
135,9831
Endowment Funds
Total Funds
386.613
384,333
1394,1181
14,2821
372,546

The PCC of Holy Trinity Church, Meole Brace, Shrewsbury
Flnancial Stat8ments for the Year Ended 31st December 2023
12 SOFA Comparatlves
(previous year)
Unrestrieted
Funds
Designated
Funds
Restricted
Funds
Endowmenl
Funds
Total Funds
Incgme and Endowmgn¢8
Voluntary Incorne
ActNities for Genèr8b'ng Funds
Investments
Church Actimties
Other
Total Incomo
285,019
3.063
7,936
296,018
3,703
84,612
3.703
83,742
18701
373,333
3,063
7,066
383,463
Expendlturg
Church Activites
Raising Funds
Other
Totsl Expendltur•
356,048
35,113
393,248
356.048
2,086
35,113
393,248
Net Ineomellexpenditurel
17,285
977
128.0471
19,7851
Net gainllh)ssesl on investment
14.2821
14.2821
Net In¢omellExpendltur•l
13,003
977
128,0471
114,0671
Transfer bebyeen Funds
16,0001
6,000
Net Movement In Funds
7.003
6,977
128,0471
114.0671
Total Funds brought forward
159,338
98,854
128.421
386.613
Total Funds ¢arrled fornard
166,341
105,831
100,374
372,546