Annual Report and Financial Statements of the Parochial Church Council for the year ended 3111 December 2022 Prlest In Charge: tVa¢ancyJ Bank: HSBC HSBC Bank PIC 67 The Pafade Sutton Coldf*ld West Midlands B72 1PL Independent Examiner: Vesoy A¢¢ounting Services Ltd Suite 1 Trinity House 33A Market Street Li¢Mield WS13 6LA
Emmanuel Wylde Green Annual Report for 2022 Background The Parochial Church Council (PCC) of Enynanuel has the respon&t41ty of cOperating with the ineumbent. in promoting in tho ecdesfrastical prish the whde miwon of the Church; pastoral evaroeh"c81, sooal. and ecumeNcal. Memborship Members of the PCC are either ex-officio or elected ty the Annual ParoLi81 Church Meetsng (APCM) in arX0anC• ¥ilh the Church R8w8sentation Rules. trirj the year the foltr41irg seryed as men*ws olthe PCC.. Mr G AnOng Mrs E Brett Mis M Cryan Mr K Gardiner Mrs J Gotschel Mrs H Joyce Mrs V Unney Mr R H Mason Mrs K Monaghan Mr M Monaghan Mr C Shaw V Smart Mr& B srwd0n Mr S Tomlinson The PCC operales thrcwh a numbgr of cOnltie88. which b8ts¥een full m8etings of tho pcc. St•ndlng Comnwll•• This committee has Fower to transact the business of the PCC beh¥een etIrs. sut¥'ect to any directions given ty the Counal. Fabrlc Comrnlttee Responsib for the vrnintenan¢•, iryectiM and Tep8iT of all trtilthrvJs. rAntents and ¢hurch grounds. Worship Conwnitt•• This comnittee ensures we maintain our high standard of worship, ty loujr on lrturgy, sic, and everything lo do our wor5hiFf#ng kfe. Church attendance This year a new Electoral Roll was pr(YJucj. a Ictsl of 59 people. Ofthese. 24 ieside ithin the parish arbj 35 Ive outside the Forish. The average attendance during October sh(A¥ed a decfease from 41 to 38 Illys includes all Services). Public 8enefrt The Parochial Church Cwncil met on four occasiorts during the last year. In January we discussed our parish profi. Messy Church, safwJu8rding, home CoMrn10 and pastoral care, how we can supwrt homeless people in Sutton Cokjfiekj, f8txic issues (Iyhtning conductor}, finances, use ofthe hall for parb'es aThJ use of the krtchen by rente as well as the corrtinuance of th.ve streamid. In April we &J8in (lscussed the va(xry, safeguarthrwJ aTrJ our WeparatiO for the APCM. Page 2
The APCM took place on 15m May 21r12 In Juty we continued to the discuss the VancY. we abo di$ssl Oversght Areas and the Jtential inclusbon of Emmanuel in an OverswJht Area yh Hoty Trinity, St. Peter's Maney s1 St Ch•J's Sutton Coljfiekj. It was agreed that the four PCCS wouhj ffet in September to discuss how we can share resources to achieve more treether. From a safeguardiNJ t5ctiVe we agre1 to adoFI an UFdated Safeguardiry Policy Statement and Policy Ststemenl on Rocruitment of Ex-offenders and nsk a$SSrrnts for variou5 adNrties in church. We also discussed finances and fabricJIntenance issues as well as Ofgan repai and fundirvJ seculed to SUPF*NI tIMs. In Octob8r we again disujssed s8feguarding in terms of ThThJatory trainiTrJ5, DBS ¢h9cks arbj lone-wothng in church. We also diststssed Oversight Areas, the 100 Club, worship plans (In¢ding initial Flans for the festive Sgason). finances. I87C issues and organ repairs. The cost of providrng the Christs'an Miristry In¢Teas slightty from £SS.319 to £83,577 8Th1 the Quota 811oc8ted was £20.000 {this year the .0¢eSe 8sk&J us for £42,226, aThJ we therefore underpokl them ty £22.226). The Church and Hall bikjings and contents havo a Loss Linit of £19.280.000 through the Eccbs'astical Insurance GToup. Signed on behall ol the trustees Revd Ann Richardson (Acting Chair): ..l.Y.i..i.J.{X... DJI Page 3
PAROCHIAL CHURCH COUNCIL OF EMMANUEL WILDE GREEN STATEMENT OF FINANCIAL ACTIVITIES For the swr•ndlng 31•t D•c•mb•r 2022 Unlltell UnMtrkted Ratle0 Endowmerrt TOTAL FUNDS Fund• Fund• 3)22 2021 INCOME AND ENDOWMENTS FROM: 21al 22,715 1,881 9.370 33,968 58,783 21bl 740 740 1,541 cl 27,OV2 4,193 31.285 23,134 dl TOTAL 9).$47 6.074 9.370 85.991 83,458 EXPENDITURE ON.. 1.217 3(bl 49,894 8.570 83,557 56.319 TOTAL NET INCOMEIIEXPENDITUREI 2.434 25,122 TRANSFERS BETWEEN FUNDS 31¢) GAINS AND LOSSES ON INVESTMENTS rtralised unrealised 41bl 15.ts31 15.1711 110.4041 NET MOVEMENT IN FUNDS 5,257 8ALANCE8 8ROUGHT FORWARD AT 1ST JANUARY 2022 5.341 81.872 35.455 56.130 158,798 11S.644 BALANCES CARRIEO FORWARO AT JIST DECEMBER 2022 36 255 50 873 158798 Page 4
PAROCHIA CHURCH COUNCI OF EMMANUEL WYLDE GREEN BALANCE SHEET AT 31st DECEMBER 2022 2022 2021 FIXED ASSETS Investment Assets 41bl 102353 112 757 CURRENT ASSETS Central Board of Finance D•posrt Account Moneymaster Account Current A¢¢ounts Cash in hAnd Debtors 56,357 54,608 2,118 1,435 UA8IUTIES: Credit018 fall'ng due %*ithin one year 10.000 10.000 NET CURRENT ASSETS TOTAL NET ASSETS 150828 158798 PARISH FUNDS General Unrestncted Oesiwated UnrestrKtsd Restn"¢ted Endowment 5,994 57.7Ck8 36.255 50.873 150 828 5.341 81,872 35,455 56,130 158 798 )woved by the Parochial Church Council m.! iJ.s l.ai...202Sand Sied on its behalf by.. (Chaimian) (ChurchwaTden) ,thyL_J S Page 5
PAROCHIAL CHURCH COUNCIL OF EMMANUE NOTES TO THE FINANCIAL STATEMENTS For the yr ended 315t December 2022 ACCOUNTING POLICIES Basis of Flnancial stateMts The PCC is a publie ben•fit èntity wthin the rn?1ng ol FRS 102. The final statements have been prepar•d under the Charib"•s Act 2011 and in accord? thg Church Accounbng Regulons 2006 apPIable accounting standwds and Ihe wrrent Statement of Recommended Pr'¢e. A¢¢ounting Reporting by Charitie5 ISORP IFRS 10211. Th• financial ststem•nts hav• betsn y•p•rod undw lh• historical cost conventson except for Investment assets. whith are shovm at market value. The ststements Indude all transxbons, ossets and Iiabilibes for whica th• PCC is responsble In low. They do not includ• th• aecounts of thurch kyoups that owe their alf lial'on to other body. nor those th8t arts inf¢ymd gathenngs olchurch mtsmbefs. Fund A¢untIng Endowmentfijnds are fijnds, th• capttsl olwhlch must b• I•ne •Mh•r p•mw•nly or at the PCC'S th8er•t"on', the income derived from the endowment is to be used ether as reslncted or unrestn.cted Incorne ftjnds depending upon the purpose lor whKh tho endfMmentwa8 est•$hed in the firnt place. R¢$tri¢ted fvnd$ cornpri {•) IrQm? from endowrnents whi¢h is to be expenijed only on the restn'¢tod purpos Intend•d by the donor and Ibl rtr¥•nue donabon5 or wants for a speak PCC actsvty Intsnded by th• donor. Unr•$lnctsd funds •r• incom• funds which are to b• spont on th• PCCI ynw•l PU06•1. Designated funds af• general fvnds set asid• by th• PCC lof in tho fura Projed fijnds ar• d&signètsd for p8rbcular projects for adrninistrath.on purpos8É only Funds d&t•d as inv•st•d in fix•d èss•ts for the PCC own use abated in line with assets. annu depreciabon charges in the SOFA. Oesignated lunds remain unreNth¢ted ond the PCC ill m¢iv• wry •Urp1 to other wn•r4 fun Income and endowmenls trom: nn•d gvlng, ¢oll•th"ons sinNlar donatic$ ar• r•cowts•d wthen received. Tax r8lund8 ar• r•eogni¥•d when the Incorning resource to lch they relate Is received Grants ond legaci•s are xcounted for when th¢ PCC Is ent•d to the use ol th• r•sources. their ulbrnate receipt Is consre reasonably certain and the arnounts due are reliably quantffi8Ne. Dividends #ro actounted for when d•dAr•d r•e•iv8blè. Interest as and when accru•d by the Par. All incoming r•styJrcts ar• aCtnts for oross. Exp8nditurn on: Grants and donab.ons wo actount•d lei when p•¢J ov•r. wwd¢d. rf that award creates 0 'ndIng or constr¢Jctive obligab¢n on Iho PCC. Th• dioeow psh £har• expected to be paTrd over is accounted for when due. All other expendrtuie is gen•fally 1•ColS•0 *tt•n rt is i1rr•d and is acc¢)vnt8d for woss. All other x¢¢wnting policies have been adopted in Kcordance wrfh the regulabons. Page 6
AROCHIAL CHURCH COUNCIL OF EMMANUEL WYLDE GREEN NOTES TO THE FINANCIAL STATEMENTS Iconllnuedl For the year ended 31st Dec•mb•r 2022 INCOME AND ENDOWMENTS FROM: iknreStric Restrklèd EftdOw TOTAL FUNDS FuTrJs FUNJS FuThJs 2022 2021 FuNIs 21•1 Donations end Legaci•s Tax effieAent planned giwno Other planfted gwng Collethons lop¢n platel •t $wvK•s Music Fund Voluntary Donalon$ Viear and Ward•n Grants for organ reYurbtshm¢nt Donaton5 for organ relurt4shment Donaons,appe8ls Tax recoverable on donab.ons Gift Aid TAX Racover•d 8.884 7.814 1.217 8.884 7.814 1.217 402 8.996 11,108 804 4tr2 167 2,164 21,000 1,578 105 1.479 1,479 4.370 4,370 4,300 500 4.300 5,500 2,781 10,100 5,000 58 783 21bl Ch•rl4bl• Aetivrts•8 Fees R•fr•thm•nts F•stvAI M•5sy Chur L•nt 8ooks Vothv• Candl• Stsnd $83 563 1,489 154 740 154 740 S2 21¢> other Tr•thnq A¢tiwtie8 Church Hal lottings and dth)th"ons Covid Q¥ant Engrgy Gr8nt 27.092 27.092 18,300 4.834 4.193 4,193 27 092 21dl Investments Dividends Transfer Realised G•ns Unrealised Gains 2,913 15.0001 15.2331 -5171 110,4041 10404 14.320 TOTAL Page 7
PAROCHIAL CHURCH COUNCIL OF EMMANUEL WYLDE GREEN NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl For th• •ndad 31$t Dwmb¢r 2022 EXPENDITURE ON: General Desbgnated Unre5tr1cted Unr•stslet•d R•strlei•d Endowment Funds Funds Funds Funds TOTAL FUNDS 2022 2021 31a) Raising Funds Ccsts of fund-r8n0 ents Prinbng and Stsbonery Expenditur• cn parish Magn* Card concert atherb'sinp Tradng Expenses Stswardship costs Website costs 547 670 31bl Cherit6ble A¢livits'•8 Rolief & Dgvelopment Hom• misg0+)$ and Church Socieb Secular charibes Ministy.. d'ocesw ¢wots clergy expen8es parsonage hous• Chh- running expon8 Church rnaintenanc• Upk•ep of swvic•8 Support cost8 Church Hall running costs Salane6lW•geslHonoraria Music Fund Upkeep ol churchyard Major repairs Ir•plac•m•ntslenb Minor repairsldecor•tron Fees Prinbn9 and 8tat'on•ry 4,370 4,370 20,000 125 127 20,OQO 142 20,1 125 12.385 45 4,889 12,385 45 4,869 9,228 2.999 3,948 7,175 7,175 7,488 90 840 9.9 1.523 5.093 9,293 4,151 4,151 900 285 265 TOTAL 83 557 57 536 31¢> The major tron$fers'. 3(d)AJIoc8tion of Admln Costs Running Costs Upkeep C08t Raising Funds Charitable How Alocated 0 40% 10 60VA 0 40% to 60% Page 8
NOTES TO THE FINANCIAL STATeMENTS I1u¢d) orthe swrwdod 31st Decttnt 2022 4 FIXEDASSETS FOR USE BY THE KC 41al Fixlurns. ffttj.rys The office is equipped wrth a prirrt<op¢er. 8 phXOcop h¥0 VYdtapler5h for prLleO sake lyve been depwialed to nil. However, Ihe pnrt<opw was rwa In Ayust W19 wrth onB on a rertal contract and Is m lorffjer owned by u¥. 41bl Inwslmonts P.1 FuThJ Erkn• FurnJ•'" Tot•1 CBF'• Inlryslm• Furd M•rkel Vdu• t J•nuory 3Y22 Addrtions DIgpo8818 Re•li•ed goin on Unre#hted Lo• Market Value at 31 O•cter 2421.7T 56,713 4814.97 139 82 172.7S7 5.rJ31 15.1711 110.4041 ' Th• Inv•thi•rt• oflm •ndowm•rtltha• •r• h1 on b•hllby 8vmiryJMm O•x••m TrLAt••• ANALY818 OF NEf A88ET8 BY FUNO FUTh TOTAL Fix•d A¥••ts Current A88ets S1. 6226 9).873 102.3S3 48.475 balarK• s.873 15J.828 OE8TOR8 Organ ¢ovor I10m• lax rac0¥ern• 1443 2.118 LIABIUTIES.. AMOUNTS FALUNG I)UE VdlTMIN ONE YEAR Qla Pagè 9
PAROCHIA CHURCH COUNCIL OF EMMANUEL WYLDE GREEN NOTES TO THE FINANCIAL STATEMENTS Iconllnuedl For the >ar ended 31st December 2022 2022 2021 FUND DETAILS The general unrestricted funds are avalable for the payTnent of general Church njnning expenses The deggnated unrestricted fijnds compnse.. The Building and Fabr Fund 12020". £53,082 2019'.48,249 2018."£39,356 2017. £47,90B 2016.'£42,693 2015: £43.314 2014: £38.8601 51,638 56.731 Music Fund S,141 56 779 5,141 The restncted lunds eompriu.. Fests'val John Bailey Memoriql Fl¢)w•r Fund R HoceY Memedal Childrens wwk Music Room Organ 100 Club Chippendde Vi¢ar and Churth Wardgns Fund Irene GullNer Memorial Henry Burgegs Mernori Shaw 8equest Stokes 8•qu•6t The68 eleven funds or• P.C.C.funds, th• n•xt ffj a P.C.C. fvnd Evergreens not ours 21 1,731 21 1.731 483 1.319 202 84 13.400 459 500 2,164 1.944 2,420 10,000 1.319 282 9.260 459 soo 2.184 1.944 2,420 10,OtrJ 5,000 588 588 The Vicar Church Warden fund has now •n $[•rrI into PCC b•nk 4¢count a$ • rtskn'ctsd fvnd The endtrment lund corrprises". The Davis Bequest. 15 a permonent endow1r1 requinn9 the income to be spent on the upkeep ol the Chapel. A second ac¢rNJnt hos been opened by Bsrmingham th.oces Trustees to keep Ihe incom* ond capital swarate Total across tsvo aCCnts 47,897 hdd in eurr•nt tnt 2,976 47,811 86 Page 10
Independent Examinerfs Report to the Emmanuel Parochial Church Council, Wylde Green I report on the attachÈd accounts of ihe Emmanuel Parochial Church Council, Wylde Green for the year ended 31° December 2022. Respective responsibilities of trustees and examlner The Parochial Church Council IPCCI 15 responsible for the preparation of the accounts. The PCC consider that an audit is not required for thi5 year under settion 144121 of the Charities Art 2011lthe 2011 Act) and that an independent examination 15 needed. Itls my responsiblllty to: examine the accounts under section 145 of the Charltles Act, to follow ihe pro¢edurès lald down in the general Direciions 8i¥en by the Charity Commi5sTron lurtder section 14515llbl of the 2011 Charltles Act, and state whether particular matters have come to my attentlon. Basls of Independent Examlners. Statement My examination was carried out in Jc¢ordance with general Direction5 given by the Charity Comrn15sion. An examlnatSon Includes a revlew of the accountin8 records kept by the church and a comparison of the accounts prèsented wlth those fecords. It also Includes consideration of an unusual item5 or disclosures in the account5 and seeklng explanatlons from you as the PCC concerning any such matters. The pro¢Èdures undertaken do not provide all the evidence that would be required in an audit. and consequently no oplnlon is given a5 to whether the accounts present a 'true and fairf view. and the reportls limited to those matters set out in the statement below. Independent Examlnerfs Statement In connectlon wlth my examinatlon, no material mJtters have come to my attention.. whl¢h 8ives me reasonable cause to believe that, in any materlal respect.. the accountin8 records were not kept in accordance with 5ertion 130 of the Charities Act- or the accounts did not accord with the accountlng records,. or the accounts did not comply with the applicable requirements concerning the form and content of the accounts set out In the Church IAccounts and Reports) Regulations 2C*)8 other than anv requirement that the accounts glve a'true and fairf view which Is not a matter considered as part of 3n independent examination. I have come acr055 no other matters In connection with the examination to whlch attentlon should be drawn In thls report. in order to enable a proper understandlng of the account5 to be reached Marie T Hartwell FMAAT ICPA Certified Practlsing Ac¢ountants Vesey Accountin8 Street Suite l. Trinity House 33a Market Street L6¢hfield Staffs WS13 6LA 24 JUNE 2024.