¢VMANVEL
4 1¥1)IAIN ITf4 T, IVTr"I.r)f4 C: Rf4 f4 N
Annual Report and Financial Statements of the
Parochial Church Council
for the year ended 31st December 2023
Priest in Charge:
tVacancy]
Bank:
HSBC
HSBC Bank PIC
67 The Parade
Sutton Coldfield
West Midlands
B72 1PL
Independent Examiner:
Vesey A¢¢ounting Services Ltd
Suite 1 Trinity House
33A Market Street
Lichfield
WS13 6LA
Page 1

Emmanuel Wylde Green
Annual Report for 2023
Background
The Parochial Church Council IPCC) of Emmanuel has the responsibility of co-operating with
the incumbent, in promoting in the ecclesiastical parish the whole mission of the Church",
pastoral evangelical, social, and ecumenical.
Membership
Members of the PCC are either ex-officio or elected by the Annual Parochial Church Meeting
IAPCMI in accordance wlh the Church Representation RLJles.
During the year the following served as members of the PCC..
Mr G Amislrong
Mrs Angela Bagshaw
Mrs E Brett
Mrs Anne Cope
Mr K Gardiner
Mrs J Gotschel
Mrs H Joyce
Mrs V Linney
Mrs K Monaghan
Mr M Monaghan
Mr C Shaw
Mrs V Smart
Mrs B Snowdon
Mr S Tomlinson
The PCC operates through a number of committees, which meet bel￿een full meetings of the
pcc.
Standing Committee
This committee has power to transact the business of the PCC between meetings, subject lo
any directions given by the Council.
Fabric Committee
Responsible for the maintenance, inspection and repair of all buildings, contents and church
grounds.
Worship Committee
This committee ensures we maintain our high standard of worship, by focusing on liturgy,
music, and everything to do with our worshipping life.
Church attendance
This year a new Electoral Roll was produced, wth a total of. people. Of these,
reside within
the parish and _live outside the parish. The average allendance during October showed an
increase 38 10 47 (this includes all services).
Public Benefit
The Parochial Church Council met on five occasions during the last year. In January we
discussed the vacancy status, various safeguarding topics including risk assessments, the need
for a Lone Worker Policy, DBS checks and a junior choir register. We also discussed the organ
repairs and funding thereof. From a fabric perspective we discussed the annual roof inspection
and debris clearance and emergency patch repairs to the sacristy roof. We also discussed
church finances.
Page 2

In March Archdeacon Jenny Tomlinson attended lo provide an update on the vacancy and role
lo be advertised. We discussed Emmanuel's potential participation in the Central Sutton
Oversight Area participation. We also discussed revision of our fire safely procedures
document. From a safeguarding perspective, we reviewed the Lone Worker Policy draft version.
Fabric topics were repairs needed to rainwater goods and what approach lo take. Karen
provided her regular update on church finances as we looked towards the APCM and its
preparation. We also discussed a key amnesty.
The APCM took place on 14th May 2023.
In July the vacancy was once again on the agenda and the PCC adopted two policies- our fire
safely procedures document and the Lone Worker Policy. We also discussed the safeguarding
of children under eight using the hall. The PCC also agreed to proceed with obtaining quotes for
the rainwater goods remediation work and had its first discussion on net zero carbon action
plans.
In September we discussed our approach for interviewing candidates. We also adopted an
update lo our Safeguarding Policy and shared confirmation of our official participation in the
Central Sutton Oversight Area. Finances were again discussed and how to proceed with the
external audit. Fabric discussion focused on Faculty consultation for the rainwater goods
remediation work and PAT testing. We also reviewed our Fire Risk Assessment and action plan.
Worship discussions included preparations for the upcoming confimialion service at Emmanuel
together with Christmas planning.
Our last meeting of the year was held in November where we were once again joined by
Archdeacon Jenny Tomlinson lo discuss the vacancy and we agreed to review the advert.
Fabric topics included completion of PAT lesling, emergency repairs to the hall roof and
commencement of works to repair the rainwater goods. We finalized our Christmas worship
plans, looked again al the risk assessments and our fire risk assessment.
The cost of providing the Christian Ministry decreased slightly from £63,577 10 £61,112 and
the Quota allocated was £25,000 Ilhis year the Diocese asked us for £42,226, and we
therefore underpaid them by £17,226). There were also costs to refurbish the organ
lotslling £55,754, taking lotsl costs in 2023 to £116,586.
The Church and Hall buildings and contents have a Loss Limit of £19,280,000 through the
Ecclesiastical Insuran￿ Group.
Signed on behalf of the trustees
Revd Ann Richardson {Acting Chairl:
. Date:
Page 3

PAROCHIAL CHURCH COUNCIL OF EMMANUEL WfLDE GREEN
STATEMENT OF FINANCIAL ACTIVITIES
Forthe yearending 31st DÈcembÈr 2023
General
Designated
Unrestricted Unrestricted Restricted Endowment
TOTAL FUNDS
2023
2022
Fund$
Funds
Fund$
Funds
INCOME AND ENDOWMENTS FROM..
Donations $4ClLeo&c*6
21al
24.596
6.225
20.000
50.821
33.966
CharilableAchvrt&s
919
618
1,537
740
Olhw frsding A¢itvrfie$
30,321
30.321
31.285
Investments
21dl
I,￿6
1,601
3,157
TOTAL
55.836
8.399
20.000
1.601
85,836
65.991
EXPENDITURE ON-
R8isw Funds
31al
459
459
Charitab1eAchwt￿S
55.385
5.268
55.474
118.127
63.557
TOTAL
55,844
5,268
55.474
116,586
63.557
NET INCOMEIIEXPENDITUREI
3.131
135.4741
1.601
130.7511
2.434
TRANSFERS BETWEEN FUNDS
31cl
16,8411
6.841
GAINS AND LOSSES ON INVESTMENTS
realised
un￿aliSed
4,913
4,792
9,705
NET MOVEMENT IN FUNDS
28.633
21,046
2.434
BALANCES BROUGHT FORWARD AT
1ST JANUARY 2023
5,994
57,706
36.255
50.873
150.828
158.798
BALANCES CARRIED FORWARD AT
31ST DECEMBER 2023
5,986
58,909
7.622
57.266
129,782
150.828
rhe noles on pa9es 6 to 11 ffoim part olthese accotsnts
Page 4

PAROCHIAL CHURCH COUNCIL OF EMMANUEL WYLDE GREEN
BALANCE SHEET AT 31st DECEMBER 2023
Not8
2023
2022
FIXED ASSETS
Investment Assets
41bl
115,215
102,353
CURRENT ASSETS
Central Board of Finan￿ Oeposrt Account
neymaslerA¢¢ount
Current Aecounls
Cash in hand
Debtors
23,102
499
1,972
56,357
2,118
25,573
58,475
UABILITIES..
Creditors falling due within one year
11,005
10,000
NET CURRENT ASSETS
14,568
4B,475
TOTAL ASSETS
129783
150828
PARISH FUNDS
General UnrestriGted
Designated Unrestricted
Restricted
Endowrnent
5,986
5B,909
7,622
57,266
129782
5,994
57,706
36,255
50,873
150828
Approved by the Parochial Church Council on...
.2023 and signed on its behalf by".
Ichairmanl
Ichurchwardenl
Tlre notes on pages 6 to 11 fotfftpartoflhese aGcounts
P8ge 5

PAROCHIAL CHURCH COUNCIL OF EMMANUEL WYLDE GREEN
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31st December 2023
ACCOUNTING POLICIES
Bas1$ of Flnanclal Stat8m•nts
The PCC is a public benefit entrty Nwithin 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 applic2ble
8ecounling standards snd the current Statement of Recommended Practi￿. Accounting and Reporting by
Charities ISORP IFRS 10211.
The fi'nancial statement8 have been prepared under the historical cost convention except for investment assets,
which are shown at rnarket value. The financial statements indude all tran5action5. 35sels and liabilities for
whid) the PCC Is responsible In law. They do not in¢lude the a¢¢ounls of ¢hur¢h groups that owe their affiliation
to another body, nor those that are informal gatherings of church members.
Fund Accounting
EndoMnent funds are funds. the capital of which must be retained either pemanenuy or at the PCC'S discretion.,
the Income derived from the èndowment is to be used èither as restricted or unrestricied income funds
depending upon the purp08e for whith the endowment wa8 established In the first pla￿.
Resirided funds comprise lal Income from endownenls which is to be eypended only on the restricted purposes
Intended by the donor and Ibl ￿venUe donations or grants for a spe¢ifi¢ PCC 8¢tivity Intended by the donor.
Unrestricted funds are inGome funds whiGh are to be spent on the PCC'S general purposes.
Designated frJnds are general funds sel 8side by the PCC for use in the future. Project funds are designated for
particular projec15 for adtninistration PUlPOse5 only. Funds designated as invested In fixed assets forthe PCC5
own use abated in line wlh assets, annual depreciation charges In the SQFA. Designated funds remain
unrestricted and the PCC ￿11 move any surplus to other general funds.
Income and endowments from..
Planned giving, collections and similar donations are recognised then received. Tax refund8 are recognised
when the incoming resour￿ to which they relate 18 re￿iVed. Grants and legacies are accounted for when the
PCC Is enlided to the use of the resoufGes, Iheir ultitnate reGeipl Is con51dered reasonably Gert31n the
amounts duè are reliably quantifiable. Dividends ar& 8ccounted for ￿theTh decl8red reteivable, Interest as and
when accnjed by the payer. All incoming resour￿8 are accounted for gross.
Expanditure on=
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or
conslruclive oblig8tion on the PCC. The diocesan p8rish share expected lo be paid over is acwunted forthen
due.
All other expenditu￿ is generally recognised when it is incurred and 18 accounted for gros8.
All other a￿OUntIng policies have been adopted In 8￿rdan￿ with the regulations.
Page 6

PAROCHIAL CHURCH COUNCIL OF EMMANUEL WYLDE GREEN
NOTES TO THE FINANCIAL STATEMENT5 lcontinuedl
Forthe year ended 31st December 2023
INCOME AND ENDOWMENTS FROM:
General
Deslgnatsd
Unrestiictsd
Unrgstricted
R98trictod Endowmgnt
TOTAL FUNDS
2023
2022
Funds
Fund¥
Fund$
Funds
21al
Donation5 and Lpgacies
Tax efficient planned giving
Other planned giving
Colledions lopen platel at servi￿$
Music Fund
Voluntary Donations
De¢offjlion S¢heme
Grants for organ refurbishment
Donations for organ refurbishrnent
Donalions.appeals
Tax recoverable on donations
Gift Aid Tax Recovered
L￿a￿e$
12.289
1,707
1.596
12,289
1,707
1,S96
6.225
359
95
20.OOD
8.884
7,814
1.217
402
6.225
359
95
20.OOD
1,479
4.370
3,672
4.878
3,672
4.878
4,31X)
5.500
24.596
6.225
20.000
50.821
33.966
21bl
ChaNiable Activities
Fees
Refreshrnents
Concert$
Messy Church
Lent 8ook5
Votive Candle Stand
249
249
583
620
618
1.238
50
154
737
919
618
21¢
Other Trading Aclivrt￿s
Church Hall lethngs and donations
Energy Grant
30,321
30,321
27,092
4,193
31.285
30.321
30.321
21dl
Inv8slm8nts
Dividend5
Transfer
Reali8ed Gains
Unrealised Gains
1,556
1,601
3,157
4.913
4792
9,705
TOTAL
13,312
6,393
Page 7

PAROCHIAL CHURCH COUNCIL OF EMMANUEL WYLDE GREEN
NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl
For the year ended 31st December 2023
EXPENDITURE ON..
General
Designated
U￿reSt￿Cted Unre$trfcted Restrlcted Endowment
Funds
Funds
Funds
Funds
TOTAL FUNDS
2023
2022
31al R81&ng Funds
Costs of fund-raising events
Printing and Stationery
Expenditure on parish magazine
Conc*rt advertising
Trading Expenses
Stewardship costs
Website costs
459
459
459
459
31bl Charitab18 Actiwbes
Relief 8 Development
Home missions and Chur¢h So¢ietie$
Secular charities
Ministry-.
dI0￿san quota
clergy expen$e$
parsonage house
Chur¢h. running expenses
Church mainlenante
Upkeep of services
Support costs
Church Hall running costs
SalariesiWageslHonorana
Musi¢ Fund
Upkeep of churchyard
Major repairs Ireplacementslcrib
Minor ￿paIrsIde¢oratIOn
Oryan Refurbishment
Fees
Printing and stationery
60
25.000
4,370
20.000
125
25,000
12.188
12.188
12.365
45
4.869
6,518
6,518
10,021
10.021
7.175
5.268
5.268
948
55,474
9.293
4.151
948
55.474
900
285
650
650
55,385
5.268
55,474
116.127
63.558
TOTAL
55,844
5.268
55,474
116.586
63.558
31¢) The majoi tian5fers'.
31dlAlocatitsn of Admin Costs
Running Costs
Cost
Raising Funds Charitable How Allocated
0 40% to 60%
0 40°h to 60%
Upkeep
Page 8

PAROCHIAL CHURCH COUNCIL OF EMMANUEL WYLDE GREEN
NOTES TO THE FINANCIAL STATEMENTS (Gontinuedl
For the year ended 31st December 2023
4 FIXED ASSETS FOR USE BY THE PCC
41al Fixtu￿s. Fithr￿S 8ndequipment
The office Is equiptEd with a prinl-copier, 4 photocopier and Iwo he¥vyduty slaplers which for p￿den￿ sake have been
depreciated to nil. How8v&r. th& prinl-copi&rwas r&plac6d In August 2019 Wllh on& on a ￿nts1 contract and 1$ no &)ng8r owned by us.
41bl Irjveslments
Designated Unrestricted
Building Fund
Shares
Endowment Funds-
Shares
Total
¢BF's Inv05tment Fund
Shares
Marketvalue 1 January 2023
Additions
DistK)sals
Realised gain on reinvestment
Unre81ised Gains Losses
Market Value at 31 Decem￿[ 2023
2491.59
71.92
51.480
1.556
2462.20
71.08
50.873
4953.79
143.00
102,353
3,157
4,913
4.792
9,705
115215
2563.51
2533.28
5096.79
' The investments of the endowtnenl funds are hekj on our bphawby Bimingham Dio¢e$an Ttu$lees
ANALYSIS OF NET ASSETS BY FUND
Gerwal
Unregirfrted
Dgsign3led
Unrestricted
Restrlcted
Endowment
Funils
Funds
Funds
Fund6
TOTAL
Fixed Assets
Cutrenl Assets
57,949
958
57,266
115,215
14,566
5,986
7.622
Fund b2￿nCe
5.986
58,907
7.622
57.266
129,781
DEBTORS
Organ cover
Income tax recoverablè
675
1297
1,972
675
1443
2.118
LIABILITIES.. AMOUNTS FALLING DUE WITHIN ONE YEAR
Choir fund
Diotzse Quota
1005
10,000
11,005
10,000
10,000
Page 9

PAROCHIAL CHURCH COUNCIL OF EMMANUEL WYLDE GREEN
NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl
For the year ended 31st December 2023
2023
FUND DETAILS
The general unrestricted funds are available for the payment of
general Church running expense5
The deswnsted uniestricted funds comprise".
The Building and Fabric Fund
52,839
51.638
12021 £56731 2020.. £53,082 2019..£48,249 2018."£39,356
2017.'£47908 2016.'£42,693 2015.. £43,314)
Music Fund
6,068
58,907
6,068
57.706
The ￿$tricted fund$ Comprise.
Festival
John Bailey ￿MOrial
Flower Fund
R Hockley M8morial
Childrens worft
Music Room
Organ
100 Club
Chippendale
Vicar and Church Warden5 Fund
Irene Gulliver Memorial
Henry Burgess Memorial
Shaw Beque51
Stokes Bequest
These e￿vell funds are P.C.C.funds, the next is a P.C.C. organisalions fund
Evergreens
not ours
21
85
483
844
282
21
1.731
483
1,319
282
9.260
459
500
2.164
1.944
2,420
10,000
5.000
106
95
118
5,000
588
588
The Vicar and Church Warden fund has now been tr8nsferred into PCC bank account as a restricted fund
The endomnent fund Comprises.
The Davis Bequ88t. which is a permanent Èndowment requiring the income to b8 sp&nl on the upkeep
of the Chapel. A second account h85 been opened by 8irmin9harD Diocesan Trustees to keep
the income and Capital separate Totsl a(mss two a¢¢ounl$
47,897
held in current account
2,976
50,873
47.897
2,976
50,873
Page 10