2023-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Saint Paul, Marton, Blackpool

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Vicars Report for the APCM, St Paul’s Marton. 28 April 2024

Dear Friends

A few weeks ago we celebrated the most wonderful event in the history of humanity – The Resurrection. Our celebration that day was especially joyous as one of our choir members was also being baptised on that day.

We were reminded of the hope that gospel of Jesus Christ offers us as we respond to his invitation to go into the world to share that with others. And as our gospel for today (John 15.1.8) and next Sunday (John 15.9-7) reminds us we are called not to keep this to ourselves, but to produce fruit. And the only way we can do this to remain connected to the vine that is Christ.

In the spring of last year I was truly amazed and gladdened when the purple crocus carpeted our churchyard once more. A gift from God to raise our spirits and feed our hope, and set our hearts on course. This spring the poor weather meant that the purple carpet didn’t materialize with the same abundance. Springtime didn’t feel as vibrant or colourful as before. Emotionally our spirits seemed to be weighed down, waiting for something lift us up.

Our life as a community goes through ups and down, peaks and troughs. We are only human. And sometimes we humans can find it hard to lift our spirits and hearts free from the weight that anxiety and concern impose on us. One of the first things I said when I came here, was that if I needed to I would say “sorry”.

So I say that to you now, in humility. I am sorry that recent personal events have made me feel like giving up. It has felt like undergoing the severe and painful pruning that Jesus talked about from today’s Gospel. And I have spent several months trying to work out how I can continue to produce fruit. But of course, I alone cannot work that out. One of things we are called to is to be faithful. Sometimes we must give ourselves completely over to God, as Proverbs 3: 5-6 explains: “Trust in the Lord with all your heart and lean not on your own understanding; in all your ways submit to him, and he will make your paths straight.”

One of our greatest modern Anglican Archbishops Michael Ramsey said that one of the most important things a priest could do is to be before God with the people on their hearts. Please be assured that whatever else, I have always carried you in my heart before God.

There is no getting away from it; our way ahead is going to be challenging, as we have less people willing to or unable to do practical things; and the pressure on our finances is going to force some difficult decision on us.

We may not see the harvest of our fruits; we may feel that we are undergoing too much pruning. But as I’ve already said we have a God to whom we are called to be faithful. And we have a God who has already done so much for us in that he sent his Son to not only die for us, but as Easter cries out to us, Christ came to give us new life, and abundant life at that. That is our great hope. And should be our joy to share with others.

So, recent times have been difficult, yet we are called to bear fruit; to be Christ’s body here, in this place, and this is a holy call. Shortly, at Pentecost we have the opportunity to respond to the power of the Holy Spirit and let her stir us up with power and love so we can respond to that call. We need that Spirit of power and love.

You are loved. Beyond anything humanly possible. You are loved. And you are saved for eternity. Remember this, as I have had to. Hold on to this, tightly. It’s a precious jewel.

There are gems to recall from this past year. There are some that sparkle brightly:

Ian’s ordination. The correction of an historic injustice.
Another one of us will be ordained this summer – Cornelius.
Jacqui will be relicensed this year. She has enabled this church to reach out through her interest in ecology.
Alison is undergoing training as a children’s worker, and is scheduled to be licensed this autumn. This will open up new avenue for us.
Sue is proving to be a capable and gentle PSO. We wish her a continued recovery following her heart attack.
Attendance at special services has continued to grow.
Thanks to Beverley we are producing live streamed morning prayer.
The Wednesday morning group meet for chat, coffee and discussion.
Our historic debt has been written off.
Social events are once again being enjoyed
Under the leadership of Jacqui our robed choir is continuing to grow.

It’s a privilege to say “thank you”.

To the people I’ve just mentioned and

All who cook, clean, arrange flowers, organise social events, serve on sub committees, move chairs, welcome people into church, do things that help us to function better. Those who do things without recognition, such as Anthea as electoral roll officer, and our Deanery Synod reps. Those who visit and take home communion. To Diane, Sue and Bev when they undertake verging duties.

Most importantly, thank you to our Churchwardens and Treasurer for our partnership. How many of us, ask them if they are okay with the extra burden they bear? Are we afraid to offer help?

Our Church Wardens and treasurer do much that people never realise. Not just in organising things like quotes for works and repairs and form filling and organising our accounts. But they often bear the pressure of the expectations of people outside the church, (and sometimes more from people within the church) which can be irritating and hurtful. It’s not just a time commitment, but emotions are also tested.

Thank you to Jacqui, for being a minute taker at our PCC meetings. We are still without a PCC Secretary, and please don’t expect Jacqui to full the entirety of that role. Perhaps there is someone else who could do this?

To all members of the PCC for sharing in the stewardship of this Church in the past year. To all who selflessly give every week in making our worship and witness come alive, thank you.

And finally, but not least, let us thank God that he has called us to the privilege of being stewards of this church in this place. We do none of this for ourselves but for others, because that is what God is doing for us.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL. MARTON, 8LACKPOOL ANNUAL REPORT AND UNALIDITED FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 DECEMBER 2023 Charity registration number 1135687

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL, MARTON, BLACKPOOL CONTENTS Page Parochial ch[ch Cour¥cil Mefflbers. report Independent examinerfs report statement of financial activities Balance sheet Notes lo the financial stslemenls 7-15

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL, MARTON, BLACKPOOL LEGALAND ADMINISTRATIVE INFORMATION Members Of The Parochial Church Council Mrs K Montgomery Mr l Rushton Mrs B Clews Mrs A Giller MT S ltWorth Ms J Cookson Mrs D Emery Ms J Riding Mrs P Boak Reverend LAtkins MrsA Langford Mis S Sankey Mrs C Devine (appointed May 20231 Charity number 1135687 Independent examiner Champion Accountants LLP Unit 2 Olympic Courl Whitehi15s Busines5 Park Bl&kpool Lan¢ashi¥e FY4 5GU

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL, MARTON. BLACKPOOL PAROCHIAL CHURCH COUNCIL MEMBERS. REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Members of the Paiochial Churth Council piesent their annual report and financial statements frkr the year ended 31 December 2023. The financial statements have been prepxred in accordance with the accounting poIleS set oul in note 3 to the financial statements and comply wilh the charity's tgoverning di)cumentl. the Charities Act 2011 and Accounting and Reporting by Charits.. Slalernent of Recoffltnended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicatAe in tlie UK and Republic of Ireland IFRS 1021" leffe¢live 1 January 20191. ObjectEves and activities The objects of the church are to provKJe a place of worship for the community within the parish boundaries of Marton, St Paul. and to provide funeral, baptism and wedding functnS as required by the cornrnunily within those boundaries. The Member5 Ot the P8rochial Church Counol have paid due regard to guidance issued by the Charity Commission in decÈdkng what activities the charily should undertake. The activities of the church during the year have been 35 slated above. Achievements and perfom7ance DetaÈls of the achievetnents and perfomance of the church ale detailed in the appended Chairfs Report. Financial review Geneial income h85 continued to be affecled by lower church attendance bul the church has benefited from a stgnificant donation during the year. The PCC has continued to keep close control over expenditure with the m8in cost oxcluding P8fish Share being necessary repair works. The PCC made payment ofthe reduced Parish Share for 2023 in full. The financial stalements show a suiplus for the year of £11 ,883 {2022'. surplus £191.7951 although the prior year includes Parish Share wrrtterk off by the Diocese of £216,940. It is the policy of the charity that unreslricled funds which have not been desigrbated for a specific use 5hoLFld be maintained at a level equivalent to befv4een three and six tTK)nth's expenditure. The Metnbers of the Parochial Church Counal considers that reseives at this level will ensÈEre that, in the event of a STgnific8nt diop in knnding, they will be able lo continue Ihe charily's current activities while consideratson is gtverb to Way5 in which additional fijnds may be raised. This level of reserves has not been maintained throughout the year and the Parochial Church Council is reliant on continued support from the Diooese in this resped. The Metnbe15 Of the Parochial Church CoLsn¢51 have assessed Ihe major risks to which the charity is exposed, and are sat15fied that 5ySterns ale in place to mitigate exposure to Ihe major risks. structure, govemancè and managèmènt The church forms part of the Diocese of Blackburn. On 27 April 2010 il was granted charitable status in its own right. The Metnbèrs of th6 Parochial Church Council who served during the year and up lo the date of signature of the financial st8lemersts were.. Mr5 K Mortgomery Mr l Rushto Mrs B Clews Mt5 A Giller Mr S Whitworth Ms J Cookson

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL, MARTON, BLACKPOOL PAROCHIAL CHURCH COUNCIL MEMBERS. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Mrs D Emery Ms J Riding Mrs P Boak Revend LAlkins Mrs A Langford Mrs D Mather Mrs S Sankey Mrs C D6vine lappointed May 20231 {fesigned May 2023) The PaiochiÈl Church Council is elected annually by Ihe tnetnbers of the Church who are on the electoral role al the tirne. Council members are elected to selve for between one and three years befo retiring and slandifig for ie-election. The ParoohÉal Church Council is chaired by the church incutnbent 8nd is uhFmateFy respDnsibte to the Dse of Blackbum. The Parochial Church Council Members, report was approved by the Bo8rd of Members OfThe P8fochi81 Church Coun¢il. Reverend LAtkins Vicar Dated.. 28 April 2024

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL. MARTON, BLACKPOOL INDEPENDENT EXAMINER'S REPORT TO THE IIIEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL, MARTON, BLACKPOOL I rèport to the Members of the Pafochial Church Council on my examination of the fin&ncial 5tatemenls of The Parochial Church Counul of the Ecclesiastical Parish of Saint Paul, Marton. Blackpool (the charity) for the year ended 31 Dember 2023. Respon8ÉbÉlltles and basrs of rèport As the Memb¢rs of the Parochial Church Council of the charity you gie responsible for the preparation of the financial stalements accordance with the Tequirement5 of the Charilies Act 2011 (the 2011 Act). I report in respect of my examination of Ihe charity's Iinancial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have lollowed all the applicable Directions glven by the Char¢ty Commission under section 14515llbl of the 2011 Acl. Independerrt examinerfs statement Your attenlKln 15 drawv> to the fact th21 the ch81ily has prepared financial statement5 in accordance with Accoufillng and Reporting by charits preparing their accounts tn accofdance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS IC121 in preference to Ihe Accounltng and Reporting by Charities.. Statement of Recommended Practice issued on l April 2005 which 15 referred to in the exlanl iegulation5 bul has now been wiihdrawn. l understand that this h3s been done in order fow financial statemeiils lo provide a tiue and fair view in accordance with Generally Accepted Accounting practi etteclive for IEPOtting periods beginnuig on OF after 1 January 2015. I have completed my exambnatson. I confirm that no rnalteTS have come to my attention in conneCtj[l Wth the èxamination giving me cause lo belrEve that in any maleri81 respect.. ac¢ounltng iecoids were not kept in respect of the charity as required by sedion 130 of the 2011 Act.. or the financial staleinenls do 8CCOTd w¢lh those records.. or the financial slalemenls do not comply wilh the appIable requirements conceming the lorm a¥HI contenl of accounts sel oul in the CharTrties (Accounts and Reports) Re9ulations 2008 other than any requiretnent that the accountg give a true and 18ir view which is not a matter GonsÉdered a5 pari of an independent exatnination. I have no concerns and have come across no olher matters in connection with the examination lo which attention should b8 drawn in this report in ordeT to enable a proper understandin9 of the financial statements to be reached. CYicvwLO n AcCnLLyVth LLP ChampFon Accountants LLP Unil 2 Olympic Court Wnstehills Busine55 Park Blaekpool Lancashire FY4 5GU

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL, MARTON, BLACKPOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Current financial year Unrestricted fLFnd5 2023 Rèstricted Endowment funds fijnds 2023 2023 Total Total 2023 2022 Notes Income and endowments from: Donation5 and le9acies Othertrading acltvities Investments Other income 24,579 10,254 3,440 34,420 2,5 27,544 10,254 3,467 34,420 4.527 7,226 4.405 35,585 27 Total Income and endowments 72.693 2.965 27 75,685 51,743 Expènditure on: Raising funds Charitable activities 3.238 56,698 3,238 60.564 2,186 1142,2381 Total expenditure 59,936 3,866 63,802 1140,0521 Net Incomellexpendltul and movtrment in fund$ 12,757 19011 27 11,883 191,795 Reconciliatlon of funds: Fund balances al 1 Janu8ry 2023 39,172 5.084 1,766 46,022 (145,773) Fund balances at 31 December 2023 51,929 4,183 1.793 57.905 46.022 The statement of fInancal aclivitS includes al gains and losses recognised in Ihe year. All Income and exper¢dilure derive from continuing act1vil5.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL, MARTON, BLACKPOOL STATEMENT OF FINANCIALACTIVITIES (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Prior fEnaneial year Unrestricted funds 2022 R85tricted Endowment funds fund$ 2022 2022 Total 2022 Notss Income and endowTnents from: Donations and legacies Other trading activit8 Investments othei incotne 4,527 7,228 4,402 35.585 4,527 7,226 4,405 35.585 Totsl incotne and endowments 51,740 51,743 Expenditurg on: Raising funds Charitable activities 2,186 (143,627) 2,186 (142,2381 1,389 Total txpenditure 1141,4411 1,389 1140,0521 Net incomtrllexpenditurel and movement in funds 193.181 11.3891 191,795 Reconciliation of fund5- Fund balances at 1 January 2022 1154.009) 6,473 1,763 (145.7731 Fund balances at 31 Decewnber 2022 39.172 6.084 1,786 46.022

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL, MARTON, BLACKPOOL BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Notes Flxed assets Tangible assets Investments 14 13 5,834 1,940 6,864 1,842 7,774 8.70S Current assets Storks Debtors Cash al bank and in hand 15 16 417 790 57,311 609 755 44,339 58,518 45,703 Creditors.. amounts falling due within one year 17 18,3871 18,38n Nel current assèts 50,131 37,316 Total assets les8 current lÉabFlities 57,905 46,022 Capitsl fvnds Endowment funds- general In¢ome funds Reslricfed fund5 Unrestricted funds 18 1.793 1.766 19 4,183 51,929 5,084 39,172 57,905 46.022 The finanrAal statemènts were approved by the Members OfThe Parochial Church Counol on 28 April 2024 Reverend LAtklns Trustee

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL, MARTON, BLACKPOOL BALANCE SHEET (CONTINUED) AS A T 31 DECEMBER 2023 Critical accounting estimates and judgement8 In the applicalnn of the char¢ly's accDuntiThJ policies. the Members of the Parochial Church Ctsuncil are reqtsired to make judgements, eslimates and assumptions about the ¢airying amount of assets and liabilitie5 that are not readity apparent from olher sources. The estimates and associ8ted assumptions are based on historical expeTience and other factors that are conssdered lo be relevant. Actual resulls may diffei from these 8Stimates. The estimates and urKlerfying assumptions ale reviewed on an ongotng bastrs. Revisions lo accounting estitnates are recognised in the period in which the estimate is revised wtkeie the viSIon aflects only that period, or rn the period of the vIsion and fuluie periods where the revision affecis both current and firtufe periods. Income from donations and legacles Unrestricted Restricted funds fvnds 2023 2023 Tot&1 Unrestricted Restricted fund5 funds 2022 2022 Total 2023 2022 Donations Ènd gifts Legacies receivable 23,579 1,000 26,544 1,0 4,527 4,527 24,579 2,965 27.544 4,527 4,527 Accountlng polkcie8 Charity infomiation The Parochial Church Counal of the Eccleskastical Parish of Saint Paul, Marton, Blackpool is an unincorporated chaiity- 3.1 Accountsng convention The financial statements have been pTepaied in accordance wth the ehaiity's Igoverning docutnentl. the Cliarilies A¢t 2011, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" ('FRS 102.} and the Charilies SORP 'Accounling and Reporting by Chaiities.. Statement of Recommended Practice applicable lo charitie5 preparing their accounts in acwrdan¢e wilh the FÈnanaal Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021. {effeclive l January 20191. The charity is a Public Benefil Entity as defined by FRS 102. The charily has taken advantage of the Provisions Èn the SORP lor charil*s not lo prepare a Stslernent ol Cash Flows. Thè financlal statements have dèp8rted from the Charities (Accounts and Reporlsl Regulations 2008 only lo the extent requFied to provide a Iiue and fair view. Thi5 departure has involved following the Statement of Recomtnended Practice for charities applying FRS 102 rathèr than the version of the Statement of RecoTnfFFended Practice which is refeiied to in the Regulations but which has since been wilhdr&wn. The finanThal statements are Prepared in sterfing, which 15 the fundional c[F[ncY of the charity. Monelary amunts in these financial statements arè rounded to the nearest £. The fmanaal stal8m8nts have been prepaTed (Jnder the historical cost convention. The principal accounting policies adopted are set oul below.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL, MARTON, BLACKPOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng pollcles Icontinuedl 3.2 Going concern The aontS have beEFh drawn up on the going concern basÈs, which assumes the continued support of the DI0Se of Blttckbum when qUid. 3.3 Charitable funds Unrestricted funds are available for use at the discretÉon of the Members of the Parochial Church Council in furtheran¢¢ of their cthaittable objectives. Restricted funds a subiecl lo specsfic condilK)ns by donors or granlors as to how they may be ¢Js8d. The purposes and uses of the restricted funds are sel out in the notes to the financEal sialetnents. Endowment funds are subject to wtsfi¢ conditions by donors that the capital mu81 be rnaFntaÈn8d by the d)arity. 3.4 Income Incotne is recognised when the charity is legalty entitled to it after any performance conditions hav8 b88n tnet, the atTUnts can be measured reh'ably, and il is piobable thal iFKOtne will be recewed. Cash donations are recognised on receipt. Other donations are recognised once th¢ chaiily has been notbled of the donalion, unless perfoittiance condilions require deferral ol the amount. Income tax recoverable in relation lo donations received undei GiftAid or deeds of covenaJ)t is recognised at the time of the donation. Legaaes are recognised on reapt or otherwise if the charity has been notified of an IMndIng distribution, the afflounl is known, énd receipt is expected. If the amount 18 Fiot known, the legacy is Ireated as a conlingenl ass8t. 3.5 Expenditure Resources expended 8re acwunled lor on ark acctuals basts inclusive of Value Added Tax, and have been classified under headings that aggr8g8te all costs related to the Gotegory. G0Veman costs include independent examSner fees and depreciatSon and are allwaled lo thaiilable activities. 3.6 Tangible fixed assets Tangible fixed assets are in¢tially measured al cost and sub$equenlly measured at cost OF valuation. net of depreciation and any impairment losses. Depreuation is recognised so as to Write off the ¢osl or v8lu8lion of assets less their SIdUal values over their useful lives on the following bases.. Land and buildings Fixtr&res, fitiings & equipmenl 15°A per annum on nel book value 15°/v per annum on nel book valtj The gain Of loss arising on the disposal of an asset is d&t6rmined as the dbflerence betsveen ihe sale proed& and thE carrying value ol the asset, and is recognised in the $talemonl of financ181 advities. 3.7 Flxed asset inve$thiÈnts Fixed asset investmen15 are initially rneasud al transaction ple excluding transaction costg, and are subsequenlly rnea8ured 81 fair value at Each reporting date. Changes in fair value are recogriised in nel incomel(expendilur81 lor th8 year. Tr8nsathon costs are expensed as incurred.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL. MARTON, BLACKPOOL NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Aceounting policies (Continued) 3.8 Impairment of fixed assets Al each reporting end date, the charily reviews the carrying amounts of ils tsngible gssels lo determine whether ihere is any indication Ihat those agsets have suffered an impairment loss. If any such ÉndicatK>n est$. tho reoover8ble amount of the asset is estimated in order to delermine the extent of the impairtneftt loss Irf anyl_ 3.9 Stocks Stocks are slated al the 5owor of cost and estimated selling PTlCe. Net realisable value is the estirnated selling pricè less all estinvated costs of completK¢n and costs lo be inojrred in marketing. selling and distribution. 3.10 Cash and cash equivalents Cash and cash equlv8nts indude cash in hand. deposrts held al call with banks, other short-tetm liquid inveslrnents with oiiginal maturities of three months or less, and bank overdrafts. Bank overdrafts 8Te sFK)w within borrowings in current li8bililles. 3.11 Financlal instruments The ch81ity has elected to apply the provisions ol Sedion 11 'Basio Finanual InslruTnenls' &rtd S8Ction 12 'Olher Financial Instruments Issues, of FRS 102 lo all of its financial inslwmenls. Financial tnstium8nts aFe r8cognised in the charily's balance sheet when Ihe charity becomes paTty lo the contractual Fxovisions of the instnjment. Finan¢i81855els and lbIlItIeS are offset, wilh the net amounts presented in the financial statements, when there is a legally enforrEable right to set off the recognised amounls and there is an intention to settle on a nel basis or lo realise the as5el and setlle the liabillty SiFnultanetsusly. Basic financial assets Basic financial assets, which include debtors and cash and bank baLgnces, are initially measui¢d al Iransactioa pre includtng transaction costs and are subsequenuy carried at amortised co51 using the eff¢dive irEteiest tnethod unfess the arrangement constitutes a financing Iransaclion, wherg the tiansaclion is measured 81 the present value of the future receipts discounted at a market Tate of interest. Financial ass8ts lassified as rooeivable within one year are not atnort15ed. Baslc financial liabilities Basic financial lÉabilities, Sncludlng creditors and bank loans are initially recognised al transaction PFkC8 un185S the arrangement Cgn5titules a financing traw55action, where the debt instrumenl is measured al the piesent value of the fuluTe payments discounted at a market rate of interest. Financial liabilities classified as payable wilhin on8 y8aF ar8 not afflortis8d. Debt instruments are subseqL)8nlly carried at amortlsed cost. using Ihe effective interest rale method. Trade creditors are obligations lo pay for gDods or services th&t havE been acquired in the ordinary course of operations from suppli8Is. ATllOUnts payab18 ar8 dassified as etsrrent liabiliiies rf payment is due w¢thin one year or less. If not, Ihey are presented as non-current liabilsties. Trade creditors are recognised initially at transaction pri and subsequently rueasured al amortised ¢ost using the effective Interest melhod. Derneognition olfinancial liabilitiyes Financial liabtlities are derergnised when the charty's contractual obligations expire or are discharged or Canlled.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL, MARTON, BLACKPOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Income from tradlng act1v1e$ Unrtstslcted UnrestrS¢ted ftsnds funds 2023 2022 FundTaisE ev8nts 10.254 7,226 Income from investments Unrestricted Endowment funds funds 2023 2023 Totsl Unrestricted Endowment funds funds 2022 2022 Total 2023 2022 Rentsl income Interest reNable 2.830 610 2,830 637 4.270 132 4,270 135 27 3.440 27 3,467 4,4D2 4,405 Other income Unrestricted Unrestricted funds funds 2023 2022 Othei income 34,420 35,585 Expenditure on raising funds Unrestricted Unrestricted funds fund$ 2023 2022 Fundratsing and publicity Other fundraising costs 3,238 2,186 10-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL, MARTON, BLACKPOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Support costs allOted to activities 2023 2022 Govem8nce costs 1,029 1,211 Analysed bètrrtert: Chaiitable acttvities 1,029 1,211 Charttable activitios 2023 2022 Semce costs Housing expenses In8L¢rance Light and heat Rep£iif5 and mainlenance Office costs Tekphone Burial ground expense$ Sundry èxpenses Donations lo charity Parish share Parish share written off 702 3.893 4,354 4,146 14,136 1,473 718 3,247 1,883 350 3.89e 3,761 4,590 23,191 1,097 524 2,548 1,477 904 31,353 1216,9401 24,019 59,535 1143,4491 Share of goveinance ry)sls (888 nole 81 1,029 1,211 60,564 1142,238) Analysis by fund Unrestricted funds Resliicted funds 56.698 3,866 60,564 For the ye*r ended 31 December 2022 Unrestricted funds Restricted funds {143,6271 1.389 1142,2381 10 Ikmbers Of The Parochial Chur¢h Councll None of the Members of the Parochial Church Council (or any persons connected with them} received any remuneration OT benefits frorD th8 charity duritsg thè y8ar.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL, MARTON, BLACKPOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 11 Employees The average monthly number of èmployees during the year was-. 2023 Number 2022 Number Total Thefe were no employees whose 8nnual reTnuneration was mor& than £60,0(X). 12 Taxation The charity is exempt from laxation on ils aclNilies because all Éis Èncome 15 applied for charitsble purposes. 13 Fixed asset Énvestments LL5ted investn7ents Cost or valuation At 1 January 2023 & 31 December 2023 1,842 Carrying aTnount At 31 Dember 2023 1,842 At 31 December 2022 1.842 14 TangibEe fixed assets Land ond btslldlngs Flxtures, ttings & equlpmont Toial Cost At 1 January 2023 20,597 53.609 74.206 At 31 December 2023 20,597 53.609 74,206 Depreclatlon and Impaimient At 1 Janugry 2023 Depreciation Charged in the year 19,658 47.684 1,030 67,342 1,030 Al 31 D8cember 2023 19,658 48,714 68,372 Carrying amount Al 31 DeceEnbef 2D23 939 4.895 5,834 Al 31 December 2022 939 5,925 6,864 12-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL, MARTON, BLACKPOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 15 Stocks 2023 2022 Finished goods al goods for resale 417 609 16 Debtors 2023 2022 Amounis falling due within one year: Prepayments and acctijed incotne 790 755 17 Creditors= amounts falllng due withln one year 2023 2022 Trade ¢reditors 8,387 8,387 18 Endowment funds Endowment funds wepresent assets which must be held pErmanenlly by the charity. Income aiisÈng on the endowment fvnds Carb be used in acCOrdar with the obie¢ls ol the charity and is included as unrestri(led income. Any pital gains or losses arising on the assets form part of the fund. At l January 2023 Incoming resources At31 December 2023 Pernianent endowThents 1,766 27 1,793 Previous yEar= At 1 January 2022 Ineomlng rEsources At31 December 2022 Perman•nt èndowments 1,7e3 1,766 13-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL, MARTON, BLACKPOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 19 Restricted funds Th6 restricted funds of the charity compr¢$e the unexperKled balance5 of donatnS and grants held on trust subje¢l to spectfic condittons by donors as lo how they may be us8d. At 1 January 2023 Incoffliroj Te50urc Re$oyrces expended At3q December 2023 Organ 2.291 2.110 683 13431 13171 12411 12,%51 1,948 1.793 442 Wai Memorial Energy costs conlribulFon 2,965 5,084 2,965 13,8661 4.183 Previous year. At l January 2022 Incoming r850urcès Resources expended At31 December 2022 Legacy Organ loo 2,696 2,482 1.195 {1001 {4051 {3721 15121 2,291 2,110 683 War Memorial 6,473 11,3891 5.084 20 Unrestrfcted funds The tsnrestricted fijnds of the charity comprise the unexpended balances of donations and granls whh are not subject to specific cond¢lions by donor5 and grantors 88 lo how they may be used. These include designated fvnds whidi have been sel aside out of uniestiicted furKJs by the trtsstees for spei?fic purposes. At 1 January 2023 Incomlng resources Rèsourcts expended At31 Deetmbèr 2023 GeFEetal fund5 39,172 72,693 159,9361 51,929 Previous year: At 1 January 2022 Ineomlny resour¢es R•sources ¥xpènd At31 cember 2022 General fvnds 1154.0091 51.740 141.441 39.172 14-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT PAUL, MARTON, BLACKPOOL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 21 Analysls of net assets betsmeen funds Unrestrlct•d Endowment funds funds [descrlptÈon] 2023 Restricted Endowment funds funds general 2023 Total 2023 2023 2023 Fund balances at 31 Dècember 2023 are represented by: Tangible assets Inveslments CurrÈnl 3ssetsllliatslil¢es) 2,092 3,742 5,834 1,940 50,131 47.897 441 1,793 51.929 4,183 1,793 57,905 Unrestricled Endowment ful$ fund$ [descrtptionl 2022 Restricted Endowrnent funds funds generdl 2022 Total 2022 2022 2022 Fund balances at 31 December 2022 are repSented by.. TarrfJible assets Investments Current a5selsllliabilities) 2.463 1.842 34.867 4.401 6,884 1,842 37,316 1,766 39.172 5,084 1,766 46,022 22 Related party transactions There were no di8clo$able related party transactions during the yeai12022- non81. Remuneration of key management personnel No remuneration is paid to key management personnel. 15

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