Annual Report and Financial Statements of the Parochial Church Council of Blakenall Heath Christ Church st For the year ended 31 December 2023 Cliarity regislralion ftumber." 1135579
The Parochial Church Council of Blakenall Heath Christ Church Trustees, Annual Report for the year ended 31" December 2023 Charity registration number.. 1135579 Objectives and Activities The Parochial Church Council of Blakenall Heath Christ Church {th& PCC} has the responsibility of co operating with the incumbent, the Reverend Helen Babiy. in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social, and ecumenical. The PCC is also spiritually responsible for the maintenance of the church. The PCC is committed to enabling as many people as possible to worship at our churches and to become part of our parish community at Blakenall Heath Christ Church. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services Can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer, scripture. music, and sacrament. Also, through non-sacramental activities of hospitality and fellowship we aim to reach non churched members of the community. Public Benefit The trustees of the PCC are aware of the Charity Commission's guidance on public benefit in The Advancement of Religion for the Public Benefit 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 Blakenall Heath Christ Church it helps to promote the whole mission of the Church (pastoral, evangelistic. social. and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so il provides 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 wishes to benefit from what the Church offers., and Promoting Christian values and service by members of the Church in and to their Gommunities. to the benefit of individuals and society as a whole. Achievements and Performance The PCC is committed to enabling as many people as possible to worship at our churches and to beGome part of our parish communities at Christ Church and St. Chad's_ The PCC maintains an overview ofworship throughout the parish and makes suggestions on how our seNices can involve the many groups that live within our parish. Our seNices and worship put faith into practice through prayer and scripture, music, and sacrament. Our churches are proud to work with local communities, both welcoming them into the church and méeting them where they are. We have strong links within our communities which place the churches at the heart of our local areas. There is regular lay pastoral support in both churches to ensure there Is support for those who are in spiritual and emotional need in our communities. We will continue to support and be with all those in our communities who are searching for Jesus in their lives. We will develop worship and prayer to meet the needs of those whom we serve. Financial Review Our principal source of funding is the giving from members of the churches and gift aid reclaimed from this giving. Expenditure supports the worship and maintenance of the church and common fund.
Reserves Policy It is PCC policy to try to maintain a balance on free reseNes {net current assets) which equates to al least Ihree months unrestricted payments. This is equivalent to £9,56212022-. £12,083). It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance oflhe free reserves at the year-end was £94,110 {2022.' £88,130). The investment is a source of generating income and would only be used in emergencies. Therefore, if this was not used, the free reserves based on net current assets, would be £17,095 (2022.. £17,737}, which the truslees feel in the Gurrent uncertain economic climate is reasonable. Investment Policy The charity is granted power to invest in suitable investments under the PCC Powers Measure 1956 and the Trustees Act 2000. As a charity, the Trustees have a duty of care to lake such advice as is appropriate before investments are undertaken, This advice is sought from the Central Board of Finance {CCLA) in London. The charity's investment policies are based on two key principles.. Ethical Investment - this includes ensuring that investments are held in companie5 which have high standards of corporate governance and act in a responsible way towards stakeholders. Long-term responsibilities the trustees are aware of their long-term responsibilities in respect of the Restricted and Unrestricted reserves and as a result follow a prudent approach to investment decisions. Investment policy for long-term funds is aimed primarily at generating a sustainable income, with due regard to the need for the preservation of capital value, and the possible need to realise investments to meet operational needs. The charity does not have a policy of generating income at exSsive or high risk- known as'purchasing income" where high returns are guaranteed at the expense of capital. In summary. the charity has an overall policy to maximise income while preserving the real value of its funds. Due to the nature of the charity, an ethical investment policy is taken into Consideration when investments are made.. The charity follows the Ethical Investment Advisory policy as recommended by the Lichfield Diocese which includes the following.. "We aim to invest in companies that.. Will develop their business in the interests of shareholders., demonstrate responsible employment practices., are conscientious Conrning issues of corporate govemance, the environment and human righls; are sensitive to the community in which they operate." Planned giving, collections and donations are the main sources of fund raising along with tax r8coverable. Safeguarding The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops, guidance on safeguarding children and vulnerable adults). Reporting Serious Incidents A Serious Incident is ari adverse event, whether actual or alleged, which results in or risks significant harm to the charity's beneficiaries, employees, Offi holders. volunteers or to others who come into contact with the charity through its work, loss of the Gharity's money or assets, damage to the charity's property or harm to the charity's work or reputation. There have been no Serious Incidents in the last year.
Risk Management 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 protection 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 ofthe Church in the Parish is ongoing. Structure, Governance and Management The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure {19561 as amended that Came into effect on 2nd January 1957, and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended) The melhod of appointment ofthe PCC members is set out in Ihe Church Representation Rules. The Council comprises the Incumbent, the Churchwardens, a representative of the Readers, those elecled to the Deanery Synod, and other members who aro oleoted at the Annual Parochial Church Meeting, by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese. Members of the congregation are urged to join the Electoral Roll, and to stand for election to the PCC. 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 meets 4 times a year. Reference and Administrative details The parish is made up oftwo churches- Christ Church Blakenall Heath and St Chads. Beechdale. Christ Church is situated in Blakenall Heath, Walsall WS3 1HT while St Chads is in Edison Road, Walsall WS2 7HT, and both are part of the Deanery of Walsall, in the Diocese of Lichfield. The email address is walsall@theminster.org and the phone number is 07478 217915. Registered charity number 1135579. Our website address is.. litt -//clii'islLhurLliblakeiiallheaih.Lo.uk PCC members who have served from 1$1 January 2023 until the date this report was appraved were: Ex Officio Members Priest in Charge Mission Priest Readers Rev'd Preb. Mark Mclntyre (from 2213123) Rev'd Helen Babiy (from 2213123) Mrs Ann Killian (until 31161231 Mrs Sue Thompson {and Deanery Synod Rep) Mr Rob Thompson Churchwardens Mrs Sheila Beeson (Chrisl Church Warden) Mrs Johanne Harrison (St Chad's Warden and Deanery Synod Rep) Miss Mandy Keay (Parish Warden, Deanery Synod Rep & St Chad's Treasurer) Mr Robert Langston (St. Chad's Warden) Mr David Jones (Parish Warden and Christ Church Warden) {from 615123) Deanery Synod Reps Ms. Jane Harrison Ms. Sue McDonald (and Christ Church Secretary) Elected Members Miss Joy Killian (in training for the priesthood St Chad's) (until 3016123) Mrs Deborah Langston Ms. Kath Parr Mrs Sue Stone Mrs Ellen Beard Mrs Dot Doody
Mr Vlc Bale (Iiiilll Gl51231 Mrs Pauline Balo (Iintll 61512.3) Mrs. PHula Cux Mrs Rachael Slenllford Ilrom 8151231 Name8 and addre88e8 of advl8•r• Bank HSBC 127 Hlgh St Bloxwlch WS3 3LF Inveslmont Managers CCLA 1 Angel L8ne, London EC4R 3AB Kim Benton Lichfield Dioces8n Board ol Fln8nce Sl Mary's House, The Close, Llchf161d WS13 7LD Independent Examlner Approved by the PCC on Z(4h ..sytM..b... 2024 and slgned on Sts behalf by.. Revd Helen Babiy (Miss riestl Mandy Keay IPCC Warden)
Independent Examiner's report to the trusteeslmembers of The PCC of Blakenall Heath Christ Church Registered charity number.. 1135579 I report on the accounts for the year ended 318t December 2023 which are set out on the following pages. Res ective res 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 this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention. Basis of Inde endent Examlner's Statement My examination was carried out in accordan with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. 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 eviden that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair" view, and the report is limited to those matters set out in the statement below. Inde endent Examiner's Statement In connection with my examination, no material matters 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 Act or the accounts do not accord with the with the accounting records. the accounts do not comply with the applicable requirements conMIng the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Be0 Kim Benton Lichfield Diocesan Board of Finance Sl Mary's House, The Close. Lichfield. WS13 7LD Date.. 14.08.24
The Parochial Church Council of Blakenall Heath Christ Church st Financial Statements for the Year Ended 31 December 2023 Accounting 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 hav6 also been prepared in accordance with the Charities SORP {FRS 102). The financial statements have been prepared under the historical cost Gonvention with items recognised at cosl or transaction value unless otheNise slated in the relevanl notes to thése accounts. The financial statements include 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 infomial gatherings of Church members. There may be minor discrepancies in Ihe totals as the pence are not being shown. Cashflow Statement The Charity has taken advanlage ofthe exèmption in FRS102 from the requirement to produce a Cash flow statement on the grounds that the income does not exceed £500.000. Going Concern Although, the PCC has positive free reseNes, it should be noted that St Chad's has received a substantial Special Assessment on its common fund for 2022. taking the assessed common fund from £9,410 to £5,000. And the 2023 assessed common fund is £5,500 for the year. This has enabled the PCC to continue as a going concem. Accounting 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. Description of Funds Unrestrictsd funds are income funds ofthe 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 nol included in its "free reserves as disclosed in the trustees, annual report. Restricted funds comprise of elements.. a) income from trusts or endowments which may be expended only on those reslrictÈd objects provided in the terms of the trust or bequest b) donations or grants received for a specrfic 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 balan on that fund. The PCC does not usually invest sèparately for each fund. Vvhere there is no separate investment, interest is apportioned to individual funds on an average balance basis.
Accounting Policies continued 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 received. 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. Expenditure 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 restriGted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross. Governance and Support Costs Support costs should be allocated between governance costs and other support. Governance costs omprise all costs involving public accountability of the PCC and its compliance with regulation and good practice. Support cosls include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources e.g., by allocating staff costs by time spent and other costs by their usage. Fixed Assets Consecrated and benefi property is not included in the accounts by s.10{2lla)&{C} of the Charities Acl 2011. Moveable church furnishings held by the Vicar and Churchwardens 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 lat any reasonable time). For anything acquired prior to 2000 there is insufficient cost infomiation available and therefore such assets are not valued in the financial staternents. No depreciation is provided on buildings as the currently estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets exceeds 50 years, so that any depreciation charges would be immaterial. The PCC own a church hall Ihat is looked after by Christ Church. It is not included within the accounts. It was valued for insurance purposes on 3151 December 2022 at £2.96m. Investments Investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value al the year end. Investments held for re-sale are treated as current asset investments. Debtors Debtors are measured on initial re¢ognilion at settlement amount. Subsequently they are measured at cash expected to be received. Creditors and Accruals Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settle the obligation al the reporting date.
Blakenall Heath Christ Church PCC Year ended 31st December 2023 Statement of Financial Activities Unrestricted Designated Restritted Endowment funds funds funds funds Total Prior year funds total funds Income and endowments Ir£.. Donations and legacies Incom8 from charitable act5 Other trading aclivi118S Investments Other income Total Income 8,874 13,162 10.588 4.983 1.104 9,978 13,162 10.588 5,678 91.123 12.820 9.123 2.273 16,420 131.760 695 37,606 1,799 39,406 Expenditure on- Expendrture cn Charitab actwilies Total expendilure 38,249 38,249 3.650 3.650 41,899 41.899 48,391 Not Sn¢ome I l¢xpenditurel resources b8foTe transter 16421 11,8S11 12.4931 83,369 Trat7sfers Gross Iransf8rs b8h¥een funds- in Gross transfers behveen funds- out Other r8cognised galns I losses Gains 110s5es on investment as$ets Not rnovernent In funds 79,901 179.9011 79,901 179,9011 159,803 1159,8031 6.624 5,981 11,8511 4,131 73.976 T¢)tal funds brought forward 88,129 79,901 32.628 200,658 126,682 Total funds carrted forward 94,110 79.901 30,777 204.789 200.658 Represented by Unrestrlcted General Fund 94.110 94,110 88.129 Designated John Markw Legacy Designated Fvnd 79,901 79.1 79.gJ1 RostriGtgd Bell Ringe Chvir Restricted Drop In Centre Interior Decorating Scheff Needy In Parish Sunday School Tower Restgratton Fund 1,748 372 6,818 1.748 372 6.818 1.748 372 6,761 2,251 75 199 21,222 75 199 21.565 75 199 21,565
Blakenall Heath Chrlst Church PCC Year ended 31st December 2023 Balance sheet Ttstal funds Flx•d ax¥e Investsyartls 7T,016 77.016 70.391 r)obie Ch &1 bBnk gnd In h4nd 855 165,453 164308 184,87 Ll•blllU•i Credkar4' Amts rawng due In cffle year ¥613 Nat cutr•nt a4MtA l••• curnni IlJblllWD 127,773 130.2 Tot•1 s••ti 1•88 cuftqllt Ilablltlo 2N.7B9 200.65S.' Totsl not as•6ts l•M llabIN•* 204.789 pr•t5enl8d by Unrestrlctèd General Fund 94,1 to 88.129 D¢61gnottsd John Martow Leo8cy Deslgnaied Fund Rttsirlctod Qell Ringer5 SunaY Sth¢Jol REslor8iw Fun Cjidr R8sldci8d t)rop In CeniTe Interior Decnr6tsng Scheme Ntedy In Pan8h 79,901 79.901 1.748 1,748 199 21.222 372 6,761 2351 75 21.565 372 6.8f8 75 Fund3 ofthts Chh 789 Approveij by the Parochial Church Councll on 240.h .SWw..brf2024 and signed on its behalf by: Signature= Name.. .Rev Helen Babiy Imlssion riest)......... The notes on the following pages form part of these accounts io
Blakenall Heath Christ Church PCC Year ended 31st December 2023 Analysis of Funds - 2023 General De51 nated Restricted Endowment This ear Last ear Fixed assets. Investments CBF Inveslmènt Fund182051 Ichrist Chure- CCLA Investment Fund- PCC- 1,582 75,434 77,016 f.582 75.434 77,016 1,445 68,947 70,392 Totals Cur¥ent assets- Cash at bank and In hand Bank current aco)unt- St Chad- Chri8t Church HSBC CurrÈnt1161701- Christ Church HSBC M0fi8y Masler110881- CBF deposit account- PCC- Christ Church CBF Deposil182041- Christ Church HSBC Charty Fund Deposit- Christ Church Tower 8uilding Currenl169- Christ Church Tower 8uikling HSBC Mox)ey- InlerKr Decorating Scheme- 834 17.440 1.360 25.375 8.082 412 834 18,711 112,038 25,375 8,082 412 492 109,309 20,295 23.051 7.831 428 1.271 30,777 79.901 21.217 2.251 184.879 Totsls 53.504 79.901 32,048 165.453 Curr¢nt assets. Dèblors A¢¢ounts Re¢eniable- 855 855 855 855 Totals Llabllitles- Agency accounts Agenw ¢ollections- 2.447 2.447 Totals 1.271 1,271 Llabllltle5- Credltor5- Amounts falllng due in one year Hall Hirt Deposit (Christ Churd)l- Incorne Re1Ved in Advance IGhri$t Ghur¢. Parish Shawe ArTeai$120151- St Chad Paiish Share Arreais120161- St Chad Paf15h Share Arrears120171 St Chad Parish ShareArr8ars120181- St Chad- Parish Share Arrears120191- St Chad- Parish Share Arrears120201- St Chad- Parish Share Arrears120211- St Chad- Common Fund Arrears120221- Christ Chur- ommon Fund Arrears 120221- Sl Chad- Common Fund Arrears 120231. Sl Chad- Totals 1,80Q 8,150 1,0 3,907 3,150 ,537 1.800 8.150 1.096 3.907 3.150 8,537 4,966 1.874 4,584 1.800 16.300 1.096 3.907 3,150 6.537 4.966 1.874 4.584 7.502 450 1,874 4.584 1,200 37.264 1.200 37,264 62,166 Grand total 200 658 Analysis of Funds - 2022 General Desi nated Restricted Endowment Thi5 ear Last Flxed assets- Investments C8F Investment Fund 180001SI- CCLA Investment Fund- PCC- 1.445 68.947 70,392 1,445 78.148 78,146 Totals 70,392 Current ass8ts- Cash at bank and in hand Bank current account- St Chad- Christ Church HSBC Current1161701. Christ Church HSBC Mcney Masler110881- CBF deposèt account- PCC- Christ Church CBF Deposit{801Dl- Christ Church HSBC Charity Fund Deposit- Christ Church Tower Building Current169- Christ Church Tower Building HSBC Money- Interlor Deeoialing Scheme- 91 27.361 11.140 23.051 7.831 428 400 2,047 9,155 492 109,309 20,295 23,051 7,831 428 1.088 7.567 20.266 21.002 7.730 445 65 21.182 2.251 81,596 79.901 21,217 21,217 2.251 184,879 Totals 69,903 79,901 35.075
Llabilltl05- Agency accounts Agenr4 clectIOnS- 2.447 2,447 2.447 2,447 4.070 4.070 Totals Liabilrtie5- Creditors- Amounts talllng duo ono year Hall Hire Dep05it- Income Re¢eived in Advance- Parish Share Arrears 120151- Sl Chad. Parish ShafeAifears120161 Sl Chad Parish Share Arrears120171 Sl Chad Parish Share Arrears 120181- St Chad- PaSh Share Arrears120191- St Chad- Parish sha Ara[SI20201- St Chad- Parish Share A[rea{20211- Christ Chu. Parish ShareATrear5 120211- Sl Chad- Common Fund Al8[sI20221- Christ Chur- Common Fund Arrears120221. St Chad- Totals 1.800 16.300 1.096 3.907 3,150 6,537 4,966 1.874 1,800 16,300 1,096 3,907 3.150 6.537 4,966 1,874 1,096 3,907 3.150 6,537 4,966 1,874 2,875 4,584 4.584 7.502 450 52.166 4.584 7.502 450 52,166 28,989 Grand total 79.901 32.628 200.658 126,682 Fund movement by type - 2023. enin Incomin Ollt oin Transfers Gain511osses Closi BellRinger- Bell Rlngers Restricted 1.748 1,748 1.748 1.748 Sub-total lor BellRinger hoir- choir Restricted Re5trthd 372 372 372 372 Sub-total for Cholr Dropln- Drop In Centre Restricted 6.761 6.761 57 6.818 6,818 Sub4otal for Dropln En8rgy Gra- Energy G¥ant Restri Restricted 1,000 1,000 1,000 1.000 Sub-total for Enwgy Gra Gen¢ral- General Fund Unrestrided 88.129 88,129 37.606 37,606 38.249 38,249 6.624 6,624 94.110 94,110 SulAotal for General IDS. Intedor Decoratlng Rtride(l 2,251 2.251 399 399 2,650 2,660 Sub-total for IDS Martow Leg- John Marlow Legacy D Designated 79.901 79,901 79,901 79.901 sult0& for Marlow L89 Needy- N88dy In Parlsh Restrictsd 75 7S 75 75 Sub.tolal for Needy SundayScho- Sunday School Restricted 199 199 199 199 Sub-totsl for SundayS¢h Towor- Tower Restoration Fu RÈ$triGted 21.222 21.222 343 343 21.565 21,565 sUtOtal forTower Grand totsl 200.658 204 789 12
Fund movement by type - 2022 eni Intornin Out oin Transfers Gainsnosses Closi Bell Ringer- 8811 Rlngers Restricted 1,748 1.748 1.748 1.748 Sub-total for Bell Rlnger Choir. Choir Re5triGted Rèstri¢led 372 372 372 372 Sub-total for Cholr Drop Drop4n Centre Restricted sUtOtal for Drop in 6.761 6.761 General- General Fund Unrestrictfrd 51.824 51,824 48,331 48.331 9.393 19,3931 88.130 88,130 Sub.iotsI for Gener 94,030 DS- Interior Decorating Restiicled 2.251 2.251 2.251 2.251 SU10t81 for IDS Alartow Lega¢y- John MaTlow Legacy Designated 79.1 79.5¥)1 Sub.totsl for Marlow Legacy 79,901 Needy- Needy In Parlsh Restricted 75 76 75 76 Sub.totsl f¢br Needy Sunday S¢hool- Sunday School Restricted 199 199 199 199 Sub-total for Sunday School Tower- Tower R¢$¢oration Fu Restricted 21.247 21,247 35 35 60 Sub-total for Tower 21.222 Grand totsl 126.682 9,393 Analysis of Transfer between Funds 2023 and 2022.. There were no fund transfers. Description of Funds Restricted Funds Bell Ringers - for payment of subscriptions to bell ringers associations and maintenance of Christ Church Bells Choir- for purchasing sheet music and music supplies at Christ Church Drop-ln Centre - money raised by Christ Church drop in, specrfically to be used for Christ Church fabri (Church and Church Hall) Internal Decoration Scheme - for the intemal redecoration of the vicarage Needy In Parish - money given lo be used for specific needs in the parish. Sunday School - for purchasing of materials for use in Christ Church Sunday school. Tower Restoration - for the restoration and Maintenan of the tower at Christ Church 13
Analysis of income and expenditure Total ear Unrestricted Desi nated Restricted Endowment This Last ear INCOME AND ENDOWMENTS Donations and legacies Gift Aid - Bank Gift Aid - Envèlopes Other planned giving Loose plate collections Funeral & Wedding Collections Donations appeals etc Tax recoverable on Gift Aid Legacies Non-recurring one-off grants Other funds generated 2.239 2,239 2.871 75 569 2,608 1,208 529 3,362 79,901 619 4,668 619 4,668 503 842 104 607 842 1,000 1.000 Total 8,874 1,104 9.978 91,123 Income from charitable activities Fees for weddings and funerals 13.162 13.162 13.162 13,162 12820 12,820 Tot81 Other trading activitigs Rummage sales elc Bookstall sales- fiJnd raising Church hall lettings- fund raising Church hall lettings 2,438 8.150 10,588 2,438 8,150 10,588 530 8.195 9.123 Total Investments Dividends Bank and building society interest Totsl 2.506 2,478 4,983 2,506 3.173 5,678 1,797 476 2.273 695 695 other incorne Insurance claims Othèr income 14,781 1,639 16,420 131,760 Total INCOME TOTAL 37.6C 1,799 39,406 EXPENDITURE Expendlture on charitable activities P8rish Share Working expenses of incumbent Other clergy expenses Parsonage house expenses Parish training and missn Hospi181ty Church running - insurance Organ I piano tuning & service Church maintenance 18.152 80 1401 18,152 80 140} 2.650 403 217 4.124 219 1,892 16.502 40 2.650 403 217 4,124 219 1,892 3,472 203 1,847 14
Cleaning Upkeep of services Cost of services Upkeep of churchyard Adminislralion BarTrk Charges Visiting 5peak&rs I locums Church running electric ChurGh iunning gas Church running- water Church running- heallng and lighllng Hall tunning electricity Hall running gas Hall mnning- insurance Hall running- maintenance Hall running- water Hall running- heating and lighting Govemance costs examinationlaudit fee Hall + major repairs - installation 40 496 433 430 1,122 258 336 1.925 1,256 357 40 498 433 430 1,122 258 336 2,540 1,640 357 326 163 135 1.675 275 1.751 127 573 202 1,737 889 915 654 4,924 200 917 616 3,590 526 579 1.350 140 3.590 526 579 1,350 140 360 360 10.829 48,353 48.353 Total EXPENDITURE TOTAL 38.249 38.249 3,650 3,650 41,899 41,899 GRAND TOTAL 642 1.851 2.493 83,407 Allocation of Support Costs Support costs comprise Trustee Training and Governance Costs etc. Due to the nature of the financial activities of the PCC, these would be allocated across Charitable Expenditure which comprises the majority of its expenditure and as such are automatically charged there. Staff Costs The PCC do not employ any staff. Trustees, Remuneration & Expenses 1 trustee has been reimbursed £255 for a conference cost incurred during the year. (2022.. £nil) Related Parties No expenses were paid to any other PCC member, persons closely connected to them or related parties. Donations from related parties [PCC Memberl totaled £1,36012022'. £1,180) during the year. Fees for the examination of the accounts 2023 2022 Independent Examiner's fees 150 150 Other fees le.g , accountancy services) paid to the Independent Examiner 150 30 15
Fixed Assets Fixed Asset Investments ESPJ Change in market value At 1sl Jan At31St Dec Additions Disp05als Transfers Unrestrlcted funds C8F Investment Fund- LDT TN506 ISI Aidan's) 68,947 6,487 75,434 CBF Investment Fund Christ Church 137 1,582 Total 70,392 6,624 77,016 Creditors Amounts falling due in one year. 2023 2022 Unrestricted Parish Share- St Chad12015-211 26,114 26,114 Common Fund - Sl Chad12022 & 23} 1.200 450 Common Fund - Christ Church12022} 7,502 Hall Hire deposit 1,800 1,800 Income received in advan 8,150 16,300 37,264 52.166 Resti7cled Agency 1.271 2,447 Total 38,535 $4,613 The total common fund liability remains the responsibility of the PCC. The PCC allocated the amount of common fund requested between Ihe churches based on a 55.'45 splil. St Chad's total common fundlparish share arrears at 31112123 £27,314 (2022.. £26,114) remains outstanding. 16
Ststsment of Financial Activities - 2022 URrestricted Designated Restricted Endowment funds fuDd5 funds fllDd5 Total Prior year fund5 total funds Income and endovmients frorn: Donations and legac$ Incom? from charitable activities Other trading activities Investments Other income Total income 11.222 12.820 9.123 2.238 16,420 51,824 79.1 91,123 12.820 9,123 2,273 16.420 131,760 4,581 6,053 588 874 35 79,901 35 12,096 Expgnditur* on.. Expenditure on charitabl8 activilk Total expenditure 48,331 48.331 60 60 48.391 48.391 33.569 33.569 Net Incomèl lexpendlturel resourcos before transfer 3,493 79,901 1251 83,369 121h731 Other recognlsed gains I10$ses Gains I losses on investment asset$ Gans on revaluation, fixed assets. charitvs own use Net movement in funds 19.3931 (9,3931 9,780 t21.53Ql 15.9001 79.901 1251 73,976 1312231 Total funds broughtforward 94,030 32.653 126,682 169,90S Totsl fvnds cartied forward 126 682 The PCC accounts represent a consolidation of the two District Church Councils, one representing Christ Church and one representing St Chads. The accounts for each DCC are shown on the following pages. 17
Blakenall Heath Christ Church Year ended 31 st December 2023- excl share of St Aidan's and curate's house investment. Statement of Financial Activities Unrestrieted DesigThated Restricted Endowrnent funds funds funds fund5 Total Prior year funds total funds In¢om¢ and endowents from.. Oonalions and legacies Income from charitable activities Other trading atlivilie5 Investments Other inGome Total income 5.751 9,164 8.150 1,816 1,104 6,856 9,164 8,150 2,511 8d.439 10.990 8.459 209 1.639 105.737 S95 24.881 1,799 26,681 Expendltule on.. Raising funds Exp8ndrture on charitable a¢ttvilie$ Other expenditure Total expenditure 28,683 500 28,183 3,650 32.333 500 31,833 23,370 3,650 23,370 Net Income I lexpenditur81 resources befo trnnsfer 13,3021 11,8511 15.1531 82,366 Transfers Gross transfers between funds- in Gross ¢ransfers between funds- out Other reeognlsed gains 11055es Gains I loe$ on Inve51rnenl a55ets Net movement In fun(Is 79.901 179.9011 79.901 179.W11 1S9,803 1159,8031 137 13,165) 137 15.0161 11,8511 82,172 Total fund5 brought forwar 22,604 79,901 32.628 135.133 62,960 Totsl hÈnds G0rrl¢d forward 19.439 79.901 30,777 130.117 135.133 Reprèsented by Unrestricted General Fund 19,439 19.439 22,604 Deslgnated John Marlow Legaw Designated Fund 79.901 79,901 79,1 Restrlcted Bell Ringers Choir Restricted Drop In Centre Interior Decorating Schen Needy In Parish Sunday School Tow&r Resteration Fund 1.748 372 6,818 1,748 372 6.818 1,748 372 6.761 2,251 75 199 21,222 75 75 199 21.565 21,565 18
Blakenall Heath Christ Church Year ended 31 st December 2023- excl share of St Aidan's and Gurate's house investment. Balance sheet Total funds Prior ear funds Flxed assets Investments 1.445 1.445 1,582 Current assets Debtors Cash at bank and in hand S12 139.244 139,766 161.336 161.336 Liabilities Credit¢Y5'. Aunts falling due in one year 27.649 27,649 11.221 Net current assets less current Ilabllltles 128.535 133,688 Total assets less current liabilities 130,117 135.133 Total net assets 195s Ilabllltles 130,117 135,133 Repr8sentsd by Vnrestricted General Fund 19.439 22.604 Dg$ignat¢d John Mallow Lega¢y D8gnated Fund 79.901 79.901 Restricted BÈll Ringers Sunday School Tower R8Storatnn Fund Choir Restricte Drep In Centre Interior Decorating Scheme Needy In Parish 1,748 199 21,565 372 6.818 1,748 23,222 372 6,761 2,251 75 75 Funds of tho church 130117 136133 19
Blakenall Heath S. Catherine with S. Chad, Beechdale Church Year end•d 31 st December 2023- excl share of St Aidan's and curate's house investment. Statement of Financial Activities Unrestrieted Designated Restrieted Endowment funds fullds runds funds Total Prior year funds totsl funds Income and endowments frorn: DonatKJns and 98cleS Income from charitable a¢bvitie$ Other trading activrties Investments Other Income Total Income 3.123 3.998 2.438 3.123 3.998 2,438 6.$84 1.830 15 14.781 23.975 9,558 9,558 Expendlturo on: Raising funds Expenditure on charitabk actniit Other expenditure Total expenditure 9,565 9,565 2S,021 9,665 9,565 25,021 Nèt incomè I lexpènditurel re50urGe5 before transfer 11,0461 Transfers Transfers between lund$ Other COgnised gains I losse$ Gains I losses on investment assets Net rnOV8ment In funds (71 11,Q461 Total fund5 brought lorward 126,4731 126,4731 12S,4261 Totsl ftjnds ¢aryled fOard 126,4801 126,4801 126,4731 Represented ty Unrostricted General Fund (26.4801 126,4801 126.4731 Balance sheet Total fund5 Prior ear funds Current assets Cash at bank and in hand 834 834 492 492 Liabilities CTrditots". Amounts falling due in one year 27.314 27.314 26,964 26,964 Net Current assets less turrenl IrabilÈtse5 126,4801 126,4731 Totsl assets18s8 Current Ilabllrtles 126,4801 126,4731 Totsl net assets less Itabllltles 128.4801 126,4731 Represented by Unrestrlcted Gener81 Fund 126,4801 126,4731 Funds ofthe church 20