PAROCHIAL CHURCH COUNCIL OF EYAM
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31ST DECEMBER 2023
Registered Charity No. 1136134
PAROCHIAL CHURCH COUNCIL OF EYAM
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
| CONTENTS | Page |
|---|---|
| Parish of Eyam Report | 1 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Accounts | 9 to 15 |
PAROCHIAL CHURCH COUNCIL OF EYAM
THE PARISH OF EYAM - REPORT 2023
Membership
The P.C.C. is made up as follows:
Rector: The Rev'd Mike Gilbert Curate: The Rev'd Mel Hartley Licensed Reader: Dr Joanna Shapland Churchwarden: Mrs Lynn Jackson Deputy Churchwarden Prof Paul Wiles There is currently no Churchwarden at Foolow Deanery Synod Lay Representatives: Mrs Philippa Peacock, Mr Bart Wagner (so are also ex officio members of the PCC) Mrs Pam Torry (a member of the Diocesan Synod, so is also an ex officio member of the PCC).
We will have 1 vacancy for Deanery Synod to 2026
Elected members of the P.C.C (including members appointed to fill casual vacancies):
Mr Bart Wagner; Mrs Lin Chilcott; Mr Geoff Greer; Mr Philip Booth; Mrs Alison Rooke; Mrs Philippa Peacock; Mrs Cathryn Read.
Co-opted member of the P.C.C. (Safeguarding) Mrs Helen Gilbert (since May 2023)
Miss Gillian Armitt (Parish Manager) acts as the Minutes Secretary.
Members who have retired since 1st January 2023 We would like to thank the following former members for all they have contributed whilst members of the PCC: Mr Adam Innes, Mrs Jenny Earnshaw; Mrs Nicky Wright; Mr Gordon Rooke (Deanery Synod Representative); Mrs Pam Torry (Deanery Synod Representative).
Members who are due to retire at the 2024 Annual Parochial Church Meeting
We would like to thank the following members for all they have contributed whilst members of the PCC: Mrs Lin Chilcott; Mr Bart Wagner; Mrs Pam Torry (Diocesan Synod Representative to 2024).
At our APCM there will be 4 vacancies for 3 years and 3 vacancies for 1 year.
Aim and purposes
Eyam Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Rev'd Mike Gilbert, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of St. Lawrence's Church and The Church Centre, Eyam and St Hugh’s Church, Foolow.
Objectives and activities
The PCC is committed to enabling as many people as possible to worship at our church and to become part of our community in the Parish of Eyam. 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 it. Our services and worship put faith into practice through prayer and scripture, music and sacrament.
When planning our activities for the year, we have considered the Charity Commission's guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through:
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[Worship and prayer; learning about the gospel; and developing their knowledge of and trust in Jesus.]
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[Provision of pastoral care for people living in the parish.]
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[ Missionary and outreach work.]
To facilitate this work it is important that we maintain the fabric of the two Church buildings and the Church Centre.
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PAROCHIAL CHURCH COUNCIL OF EYAM
THE PARISH OF EYAM - REPORT 2023
Achievements and performance
Worship and prayer
The PCC is keen to offer a range of services during the week and over the course of the year that our community find both beneficial and spiritually fulfilling. For example, the evening service on Sundays at Eyam provides a quiet, intimate and reflective environment for worship while opportunities are provided for people to engage in more outgoing worship such as that provided by the Sunday morning services. Much thought has been given to adapting our services to make them more relevant and meaningful to our congregations and to encourage others to attend and, as a consequence, new styles of service have been introduced and developed. In particular, we have continued to hold ‘Early Church’ services (known as ‘Messy Church' and ‘Café Church’) in the Church Centre twice per month. We have continued to worship God throughout the year in St Lawrence's Church, limiting attendance where necessary because of restrictions for fire safety, but have been able to use the Church Centre for overflow. We have also continued to live-stream the 11a.m. Sunday service, which has a steady attendance from those who live at a distance or are unable to attend in person. We have continued with the 8.30a.m. Morning Prayer service on weekdays, but are not live-streaming the Early Church services, which are more participatory. Many of our livestreamed services have been made available as recordings via our website. At St Hugh's Church , Foolow, we instituted in 2022 a pattern of services, in consultation with the congregation, whereby it is treated as a 'Festival Church' with services being held there on only a small number of occasions during each year. This has been successful with increased attendance. The church building continues to be open most days for all those who wish to enter it, and refreshments are available for those visiting, including walkers etc.
During 2023, we held outdoor services on Good Friday, Easter Sunday and Plague Sunday at Eyam, as well as well blessings at both Eyam and Foolow. There was an outdoor Family Carol Evening, singing carols round the village, at Eyam and a Just Carols service at St Hugh's Foolow. The Eyam School Carol Service was held in St Lawrence's Church, as were the Family Carols and Christingle Event, the Traditional Carol Service, Midnight Communion Service, Christmas Day Family Service and Christmas Communion services. A Christingle service was held at St Hugh's.
As well as our regular services, we enable our community to celebrate and thank God at the milestones of the journey through life. Through baptism we thank God for the gift of life, in marriage public vows are exchanged with God's blessing and through funeral services families and friends express their grief and give thanks for the life which is now complete in this world and to commend the person into God's keeping.
At present there are 104 people on the Church Electoral Roll, 53 of whom are not resident within the parish, which is very similar to the numbers to 2022
Deanery Synod
In addition to the Rector, the parish is entitled to elect 3 lay members to sit on the deanery synod. This provides the PCC with an important link between the parish and the wider structures of the Church.
The Churches and Church Centre
Our churches are opened to our community and to visitors for private prayer and to provide visitors with information about our Christian beliefs and our historical associations. Whenever possible, St Lawrence's Church is manned by volunteers who are happy to provide information to visitors. When possible, talks are also provided by prior arrangement (including to school parties). Free coffee making facilities have been provided for visitors to St Hugh's Foolow.
In 2022, as reported in the last Report, the PCC spent time considering the need for a major reordering of St Lawrence’s Church in Eyam, in order to facilitate accessibility to the church, particularly for wheelchair users. It was concluded that it was no longer possible to proceed with the precise project initially decided upon, for which donations had been sought and grants received. As a result, in 2023, major donors and grant givers were contacted and updated on this and their instructions sought, in consultation with the Charities Commission. Their instructions have been followed and completed in 2023, to the satisfaction of the Charities Commission. All grant moneys have been returned/the grant giver told that any amounts made available would not be drawn down. Where donors wished moneys to be retained by the PCC for use for future accessibility projects, those sums have been transferred to a restricted 'accessibility' account.
2
PAROCHIAL CHURCH COUNCIL OF EYAM
THE PARISH OF EYAM - REPORT 2023
In order to be able to welcome safely into the church increased numbers of people for larger services, consultations were undertaken with the fire officer. As a result, it was decided to open the 'priest's door' in the chancel to provide another exit. This meant rerouting the heating pipes which had been across the priest's door and enabling the door to be locked when the church is not in use for such a service. This has now been completed, as well as other fire prevention precautions.
A 'Quinquennial Review' for St Lawrence's Church was received in spring 2023. This showed some minor matters to need urgent attention (primarily clearing gutters and repairing rainwater goods), which have been done. Minor masonry repairs are underway. A conservation report on the wall paintings needs to be undertaken, but given the uncertainty surrounding rapidly rising energy prices and likely costs in 2023, consideration of this will take place in 2024. In the church centre, some urgent stone work and repointing was done to rectify minor subsidence of one corner. The similar quinquennial review for St Hugh's was completed in 2021, and showed no urgent major problems. In terms of building works, needed maintenance to all three buildings has been undertaken, including replacing lighting, and further sorting out the gas meter at St Hughs, as well as continuing to maintain the churchyard at St Lawrence's in a safe and tidy condition. Environmentally friendly initiatives in the churchyard have been undertaken.
The Church Centre at Eyam is used by many church groups including ‘Early Church’, Impact, GIG, Kickstart, the Parent & Baby group, Crawlers & Tots and Toddler Support Groups and by several external organisations (many of which have a Christian background). From October 2022, the PCC decided, given the heating costs spike, to start an Open Doors initiative, which would provide coffee, lunch and tea each Friday, as well as periodic Holiday at Home days, using the Church Centre as a place where people could come to be warm, but also for social interaction and activities. This has continued throughout 2023 and has remained popular in the village. It is staffed by a band of volunteers. Further grants have been sought and received from local bodies, as well as local authorities under their Warm Places remit.
Pastoral care
In normal years, when members of our parish are unable to attend Church due to sickness or age, Rev'd Mike Gilbert visits those who have requested it to celebrate communion with them either at their homes or in hospital and this practice still continues. Safeguarding is taken very seriously by the PCC, which has a dedicated safeguarding representative on it, and relevant training is undertaken by all PCC members and leaders.
Mission and Evangelism
Helping those in need is a demonstration of our faith. In addition, the PCC supports missionaries overseas, via the Church Missionary Society, Fulani Ministries and YWAM, and several other Christian organisations including The Sheffield Cathedral Archer Project, as well as Ashiana Sheffield and local village and area charitable organisations.
In 2023, Rachel Blake, our Youth Worker, continued to lead our Christian Youth Work strategy within the Parish, until her resignation in autumn 2023. With Adam Innes, she ran several groups for children and young people in the area in the church centre, supported by volunteers from within the church. These continue, with Rev. Gilbert taking an oversight role, and the PCC is considering how best to support these initiatives from 2024. Adam Innes has continued his major pastoral role for families and others in the village.
The Peak Pilgrimage from Ilam to Eyam was launched during 2015 and has continued to provide many people with an opportunity to enjoy a superb contemplative walk through some of the Peak District’s finest scenery, as well as the opportunity for them to visit the numerous churches along the way and spend time in Eyam Church at the conclusion of the journey. It continues to be popular. During 2021, a pilgrimage route from Edale to Eyam was launched, again with associated book, and we are delighted that the feedback received on both these books has been very positive.
Our parish magazine is usually issued 10 times per year and is widely read both by regular members of the congregation and by the wider village community. The magazine keeps our parishioners informed of the important matters affecting our Church, and includes articles that help develop knowledge of and trust in Jesus and provide information about village activities and events.
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PAROCHIAL CHURCH COUNCIL OF EYAM
THE PARISH OF EYAM - REPORT 2023
Church members continued to be involved in many of the activities and organisations within the village and local communities that make Eyam such a wonderful place in which to live, including the well dressing, the museum, the pantomime and various clubs and societies (even though many of their activities could only take place in a modified form, if at all, during 2021 because of the pandemic).
Financial review
The Treasurer is now supported by a Finance Team, including Alan Buckingham, Geoff Greer, the Rector and Gillian Armitt. Total income during the year was £222,205 (2022: £212,666), whilst expenditure was £263,715 (2022: £211,242), resulting in an overall deficit of £41,510 (compared to the 2022 surplus of £1,424). At the year end the PCC had an aggregate accumulated surplus of £266,123 (2022: £307,633). Because of the anticipated rises in energy costs and the cost of living more generally, the decision was taken to charge all relevant buildings expenditure to the buildings and churchyard funds, as opposed to the proportion so charged in 2022. This shows through in a relative increase in the amount in the unrestricted fund, compared to the buildings fund. Moneys in the unrestricted fund are therefore higher, with the previous decline seeming to have stabilised, due to some generous donations, despite the considerably increased energy costs for all three buildings. None the less there is a need to be prudent and to raise funds for staff costs and new initiatives. Further information concerning the financial results is provided below.
Unrestricted Fund
| Fund | ||
|---|---|---|
| Total income Total expenditure Net (expenditure)/income Transfer (to)/from other funds Funds brought forward Funds carried forward |
2023 £ 192,504 181,791 10,713 83 47,399 58,195 |
2022 £ 188,461 175,244 |
| 13,217 - 34,182 |
||
| 47,399 |
In 2022 the PCC decided, given the low level of unrestricted funds at the start of the year and the then anticipated deficit budget, that it could not afford to contribute the whole amount to the Common Fund of the Diocese, set at £61,727, but would pay £10,000 less. The Common Fund is used to help meet the cots of stipends and housing for clergy across the Diocese, and is calculated according to a formula based on head count of congregations and the deprivation index for the area. Eyam Parish has had a larger share than most other parishes. Given the uncertainty around energy costs in late 2022 and 2023, the PCC in 2023 again decided to pay £10,000 less than its alloted share to the Common Fund. This meant that it paid £51,727, which is 84% of what was requested, which compares to the Deanery average of 68% of what was requested.
The PCC would like to express its thanks to 'The Friends of St Hugh's, Foolow' (which is a separate charity) for its contributions towards the running and maintenance costs of St Hugh's Church, Foolow.
Designated Funds
| Funds | ||
|---|---|---|
| Total income Total expenditure Net (expenditure)/income Transfer (to)/from other funds Funds brought forward Funds carried forward |
2023 £ 9,368 19,018 (9,650) (167) 53,587 43,770 |
2022 £ 9,918 17,541 |
| (7,623) - 61,210 |
||
| 53,587 |
These funds relate to amounts set aside by the PCC to meet the costs of the Youth Work Project, future maintenance of and improvements to the church buildings and the Peak Pilgrimage. The main costs relate to the Youth Work project, which is drawing down on previously donated funds, as expected.
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PAROCHIAL CHURCH COUNCIL OF EYAM
THE PARISH OF EYAM - REPORT 2023
Restricted Funds
| Restricted Funds | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Total income | 20,333 | 14,287 |
| Total expenditure | 62,906 | 18,457 |
| Net income / (expenditure) | (42,573) | (4,170) |
| Transfer (to)/from other funds | 84 | - |
| Funds brought forward | 206,647 | 210,817 |
| Funds carried forward | 164,158 | 206,647 |
Restricted funds include sums donated both in 2023 and in the past to be able to pay redundancy payments and staff salaries should such a situation arise; moneys donated towards the reordering project; and sums donated towards the cost of youth work and towards maintaining the fabric of the building. In 2023, the largest amounts of income included income from visitors towards maintaining the building (some of which also involved Gift Aid), as well as special collections for other charitable organisations.
Reserves Policy
It is PCC policy to try to maintain a balance on free reserves which is sufficient to provide an adequate hedge against fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year-end increased to £58,195 compared to £46,455 in 2022, which is adequate for this purpose.
Most of the balance of £164,158 on the restricted funds is retained towards meeting the cost of staff salaries should there be inadequate money available in the unrestricted fund, the cost of the upkeep of the church buildings (including the Church Centre) and the churchyard and the cost of the project to improve access.
It is the policy of the PCC to invest available funds with the CCLA Church of England Deposit Fund and other safe deposits.
Volunteers
We would like to thank all the volunteers who work so hard to make our church the lively and vibrant community it is. In particular, we want to mention our current churchwardens, Lynn Jackson and Paul Wiles.
Structure, governance and management
The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure and is a Registered Charity.
The method of appointment of PCC members is set out in the Church Representation Rules. At Eyam the membership of the PCC consists of the incumbent (our rector), churchwardens, deputy churchwardens, the licensed reader (currently also the Treasurer), Deanery Synod representatives, members elected by those members of the congregation who are on the electoral roll of the church, and other members who have been coopted by the PCC or appointed by the PCC to fill a casual vacancy. All members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC.
The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent.
The full PCC met ten times during 2023.
Approved by the PCC on 21st April 2024 and signed on its behalf by The Churchwardens, Lynn Jackson and Paul Wiles, and Treasurer, Joanna Shapland.
………………………..….….. ..………………...…………… .……………...………………
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PAROCHIAL CHURCH COUNCIL OF EYAM
ANNUAL REPORT AND FINANCIAL STATEMENTS
INDEPENDENT EXAMINER'S REPORT
TO THE PCC OF EYAM
I report to the trustees on my examination of the financial statements of the PCC for the year ended 31st December 2023 which comprise the Statement of Financial Activities, the Balance Sheet and related notes, set out on pages 7 to 15.
This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect :
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content
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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 no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
…………………………………….. Wer cheu| Appleby Randall Limited Chartered Accountants A.l.M.S. Accountants for Business Studio 21, SUM Studios 1 Hartley Street Sheffield S2 3AQ
21st April 2024
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PAROCHIAL CHURCH COUNCIL OF EYAM
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2023
| Note Unrestricted Funds £ INCOME Donations and legacies 2(a) 156,821 Other trading activities 2(b) 14,674 Income from investments 2(c) 2,014 Church activities 2(d) 17,565 Other income 2(e) 1,430 TOTAL INCOME 192,504 EXPENDITURE Church activities 3 174,165 Raising funds 4 7,626 TOTAL EXPENDITURE 181,791 NET INCOME / (EXPENDITURE) FOR THE YEAR 10,713 Transfers between funds 9 83 TOTAL FUNDS BROUGHT FORWARD AT 1ST JANUARY 2023 47,399 58,195 TOTAL FUNDS CARRIED FORWARD AT 31ST DECEMBER 2023 58,195 |
Designated Funds £ 1,176 3,760 2,115 2,317 - 9,368 16,418 2,600 19,018 (9,650) (167) 53,587 43,770 43,770 |
Restricted Funds £ 10,572 - 5,942 - 3,819 20,333 62,906 - 62,906 (42,573) 84 206,647 164,158 164,158 |
Total 2023 £ 168,569 18,434 10,071 19,882 5,249 222,205 253,489 10,226 263,715 (41,510) - 307,633 266,123 266,123 |
Total 2022 £ note 12 167,969 19,720 3,535 17,157 4,285 |
|---|---|---|---|---|
| 212,666 | ||||
| 202,273 8,969 |
||||
| 211,242 | ||||
| 1,424 - 306,209 |
||||
| 307,633 | ||||
| 307,633 |
The notes on pages 9 to 15 form part of these financial statements.
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PAROCHIAL CHURCH COUNCIL OF EYAM
BALANCE SHEET AS AT 31ST DECEMBER 2023
| Note | 2023 | 2022 | ||
|---|---|---|---|---|
| £ | £ | £ | ||
| FIXED ASSETS | ||||
| Fixtures & fittings | 8 | - | 944 | |
| CURRENT ASSETS | ||||
| Stock of books etc. | 2,603 | 4,505 | ||
| Debtors and prepayments | 5 | 16,543 | 13,128 | |
| Short term deposits | 232,102 | 278,102 | ||
| Cash at bank and in hand | 24,068 | 22,893 | ||
| 275,316 | 318,628 | |||
| Creditors : amounts falling due within one year | 6 | 9,193 | 11,939 | |
| NET CURRENT ASSETS | 266,123 | 306,689 | ||
| TOTAL NET ASSETS | 7 | 266,123 | 307,633 | |
| FUNDS | ||||
| Unrestricted fund | 58,195 | 47,399 | ||
| Unrestricted funds(Designated funds) | 43,770 | 53,587 | ||
| Restricted funds | 164,158 | 206,647 | ||
| 9 | 266,123 | 307,633 |
Approved by the Parochial Church Council of Eyam on 21st April 2024 and signed on its behalf by:
Type text here
…............................... …............................ …...............................
The Churchwardens, Lynn Jackson and Paul Wiles, and Treasurer, Joanna Shapland
The notes on pages 9 to 15 form part of these financial statements.
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PAROCHIAL CHURCH COUNCIL OF EYAM FOR THE YEAR ENDED 31ST DECEMBER 2023
NOTES TO THE FINANCIAL STATEMENTS
1. 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 have been prepared under FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP(FRS102)). The accounts have been prepared on the going concern basis.
ASSETS
Consecrated and benefice property
In so far as consecrated and benefice property of any kind is excluded from the statutory definition of ‘charity’ by section 10(2) (a) and (c) of the Charities Act 2011 such assets are not capitalised in the financial statements.
Moveable church furnishings
These are capitalised at cost and depreciated over their useful economic life other than where insufficient cost information is available. In this case the item is not capitalised, but all items are included in the Church’s inventory in any case.
Tangible fixed assets for use by the charity
These are capitalised if they can be used for more than one year, and cost at least £1,000. They are valued at cost or else, for gifts-in-kind, at a reasonable estimate of their open market value on receipt.
Depreciation is calculated to write off the capitalised cost of fixed assets less their currently anticipated residual fair value over their estimated useful lives, usually 4 years.
An impairment review is carried out at each year-end and any residual loss identified included in expenditure for the year.
Short term deposits
These are the cash held on deposit with either the CCLA or Mansfield Building Society.
FUNDS
Unrestricted Funds
These represent the remaining income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its ‘free reserves’ as disclosed in the trustees’ report.
Restricted Funds
These are income funds that must be spent on restricted purposes and details of the funds held are shown in the notes to the accounts.
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PAROCHIAL CHURCH COUNCIL OF EYAM
FOR THE YEAR ENDED 31ST DECEMBER 2023
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
2. INCOME
| Funds £ a) Donations and legacies Planned Giving: Giving under Gift Aid scheme 97,708 Income tax recoverable on Gift Aid donations 27,353 Other planned giving & collections 17,171 Other donations and legacies 14,589 156,821 b) Other trading activities Magazine sales 2,316 Magazine advertising 3,025 Pilgrimage book and candle sales 761 Bookstall (inc wallbox) 5,081 Other income from visitors 3,491 14,674 c) Income from investments Dividends & interest 2,014 2,014 d) Church activities Fees for weddings & funerals 4,237 Church centre lettings 3,979 Parish expenses contributions 1,764 Rectors fees due 119 Contributions by Church groups 7,466 17,565 e) Other income Sundry ordinary income 980 Grants received 450 1,430 Unrestricted |
Designated Funds £ - 115 836 225 1,176 - - 3,405 355 - 3,760 2,115 2,115 104 - 2,213 - - 2,317 - - - |
Restricted Funds £ 800 1,442 1,167 7,163 10,572 - - - - - - 5,942 5,942 - - - - - - 519 3,300 3,819 |
Total 2023 £ 98,508 28,910 19,174 21,977 168,569 2,316 3,025 4,166 5,436 3,491 18,434 10,071 10,071 4,341 3,979 3,977 119 7,466 19,882 1,499 3,750 5,249 |
Total 2022 £ 93,388 26,807 22,873 24,901 |
|---|---|---|---|---|
| 167,969 | ||||
| 1,633 3,139 5,120 6,216 3,612 |
||||
| 19,720 | ||||
| 3,535 | ||||
| 3,535 | ||||
| 5,145 4,842 3,174 349 3,647 |
||||
| 17,157 | ||||
| 1,655 2,630 |
||||
| 4,285 |
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PAROCHIAL CHURCH COUNCIL OF EYAM
FOR THE YEAR ENDED 31ST DECEMBER 2023
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
3. CHURCH ACTIVITIES
| CHURCH ACTIVITIES | ||||
|---|---|---|---|---|
| Missionary & charitable giving: Church overseas Missionary societies Grants overseas other Home missions & other Church societies Other home organisations Grants arising from special events Ministry: Common Fund Clergy expenses Associate Pastor accommodation Wages Associate Pastor Wages - Youth Worker Youth Worker expenses Rector's discretionary Other clergy costs Other ministry costs Wine, wafers & candles Missions Organ & music Church running expenses Church maintenance Church re-ordering Equipment purchased written off Depreciation of equipment Church groups Rectory costs Upkeep of churchyard Flowers & gifts Church centre running costs Administration Administrators' and vergers' salaries National Insurance & Tax Pension Sundry expenses Printing, stationery & computer Telephone and broadband Independent Examiners Fees Bank charges Pilgrimage |
Unrestricted Designated Funds Funds £ £ 12,167 - - - 800 - 2,500 - - - 15,467 - 47,034 4,693 2,338 - 6,120 - 22,810 - - 6,622 - 216 - 50 - - 431 - 190 - - - 1,460 - 4,719 3,616 - - - - 641 - 944 - 3,952 - 505 - - - 1,316 - 19,800 - 25,745 - 8,942 162 5,336 561 808 - 3,212 - 479 - 1,800 - 116 - - 498 174,165 16,418 |
Restricted Funds £ - - - 553 3,436 3,989 - - - - - 40 - - - - - - 18,493 - 35,196 - - 1,157 - 2,106 - - 1,875 - - 50 - - - - - 62,906 |
Total 2023 £ 12,167 - 800 3,053 3,436 |
Total 2022 £ 11,060 - 1,800 2,950 2,498 |
| 19,456 51,727 2,338 6,120 22,810 6,622 256 50 - 431 190 - 1,460 26,828 - 35,196 641 944 5,109 505 2,106 1,316 19,800 27,620 9,104 5,897 858 3,212 479 1,800 116 498 |
18,308 51,727 1,424 10,078 19,372 11,612 1,295 200 309 751 74 - 1,182 14,027 985 4,961 721 1,561 2,388 354 1,073 414 13,291 25,899 8,379 5,609 1,206 2,634 433 1,692 139 175 |
|||
| 253,489 | 202,273 |
Staffing costs comprised of gross wages of £73,709 (2022 £71,905), Employers National Insurance contributions of £nil (after the employers allowance of £5,221) (2022 £451) and employers pension contributions of £2,949 (2022 £2,805).
An average of 5 staff were employed during the year. There were no employees who earned £60,000 or more during the year.
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PAROCHIAL CHURCH COUNCIL OF EYAM
FOR THE YEAR ENDED 31ST DECEMBER 2023
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
4. RAISING FUNDS
| Unrestricted Funds £ Cost of generating voluntary income - Expenditure on parish magazine 3,468 Pilgrimage book costs and candles 164 Expenditure on bookstall 3,994 7,626 |
Designated Funds £ - - 2,600 - 2,600 |
Restricted Funds £ - - - - - |
Total 2023 £ - 3,468 2,764 3,994 10,226 |
Total 2022 £ - 3,438 3,209 2,322 |
|---|---|---|---|---|
| 8,969 |
5. DEBTORS AND PREPAYMENTS
| Unrestricted Funds £ Income tax recoverable 7,205 Prepayments and accrued income 6,574 13,779 CURRENT LIABILITIES Unrestricted Funds £ Provision: gas & electricity accrued 644 Accountancy 1,800 Advertising receipts in advance 1,775 Other receipts in advance 552 Deposits 100 Provisions for other services & sundries 848 5,719 ANALYSIS OF NET ASSETS BY FUND Unrestricted Funds £ Fixed assets - Current assets 63,914 Current liabilities (5,719) 58,195 |
Designated Funds £ 37 1,647 1,684 Designated Funds £ 1,192 - - 240 - 46 1,478 Designated Funds £ - 45,248 (1,478) 43,770 |
Restricted Funds £ 680 400 1,080 Restricted Funds £ 296 - - - - 1,700 1,996 Restricted Funds £ - 166,154 (1,996) 164,158 |
Total 2023 £ 7,922 8,621 16,543 Total 2023 £ 2,132 1,800 1,775 792 100 2,594 9,193 Total 2023 £ - 275,316 (9,193) 266,123 |
Total 2022 £ 6,646 6,482 |
|---|---|---|---|---|
| 13,128 | ||||
| Total 2022 £ 4,905 1,700 1,700 1,060 100 2,474 |
||||
| 11,939 | ||||
| Total 2022 £ 944 318,628 (11,939) |
||||
| 307,633 |
6. CURRENT LIABILITIES
7. ANALYSIS OF NET ASSETS BY FUND
12
PAROCHIAL CHURCH COUNCIL OF EYAM FOR THE YEAR ENDED 31ST DECEMBER 2023
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
8. FIXED ASSETS FOR USE BY THE PCC
| Tangible fixed assets | Freehold | Church | Total | |
|---|---|---|---|---|
| Land and | Equipment | |||
| Buildings | ||||
| £ | £ | £ | ||
| Actual/Deemed cost | at 1st January 2023 | - | 59,038 | 59,038 |
| Additions | - | - | - | |
| Disposals | - | - | - | |
| At 31st December 2023 | - | 59,038 | 59,038 | |
| Depreciation | at 1st January 2023 | - | 58,094 | 58,094 |
| Depreciation for the year | - | 944 | 944 | |
| Depreciation on Disposals | - | - | ||
| At 31st December 2023 | - | 59,038 | 59,038 | |
| Net book value | at 1st January 2023 | - | 944 | 944 |
| At 31st December 2023 | - | - | - |
The Church Centre is consecrated and, therefore, need not be brought into these accounts.
Church equipment bought prior to 1998 and written off in the accounts of those years has not been valued and brought into these accounts.
9. FUND DETAILS
| funds £ General fund 58,195 General fund (Foolow) (designated) - Bequest funds (designated) 7,970 Youth Worker fund (designated) - Pilgrimage (designated) 3,191 Buildings & Churchyard Fund (designated) 30,529 Donations for others (designated) 2,000 Rectors Discretionary (designated) 80 Bequest fund - Youth Worker fund - Fabric fund - Buildings & Churchyard fund - MOPS - Staff salaries - Local Costs - Donations for others - Mission to Spain - Open Doors - Pilgrimage - Re-Ordering - Messy Church - Accessibility - 101,965 ~~0~~ Unrestricted |
Restricted funds £ - - - - - - - - 735 16,614 22,117 - 987 103,901 3,504 122 672 152 - - 44 15,310 164,158 ~~0~~ |
Total 2023 £ 58,195 - 7,970 - 3,191 30,529 2,000 80 735 16,614 22,117 - 987 103,901 3,504 122 672 152 - - 44 15,310 266,123 |
Total 2022 £ 47,399 - 15,127 - 2,884 33,446 2,000 130 - 11,177 21,462 17,224 987 100,477 3,403 755 672 1,000 - 49,348 142 - |
|---|---|---|---|
| 307,633 | |||
13
PAROCHIAL CHURCH COUNCIL OF EYAM FOR THE YEAR ENDED 31ST DECEMBER 2023
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
9.[FUND DETAILS][ (continued)]
| FUND DETAILS (continued) | |||
|---|---|---|---|
| General fund General fund (Foolow) (designated) Bequest funds (designated) Youth Worker fund (designated) Pilgrimage (designated) Buildings & Churchyard Fund (designated) Donations for others (designated) Rectors Discretionary (designated) Bequest funds Youth Worker fund Fabric fund Buildings & Churchyard fund MOPS Staff salaries Local Costs Donations for others Mission to Spain Open Doors Pilgrimage Re-Ordering Messy Church Accessibility |
Balance 1st January 2023 £ 47,399 - 15,127 - 2,884 33,446 2,000 130 - 11,177 21,462 17,224 987 100,477 3,403 755 672 1,000 - 49,348 142 - 307,633 |
Movement in Balance Resources Funds Incoming Outgoing 2023 £ £ £ £ 192,504 181,791 83 58,195 4,452 7,459 3,007 - 403 7,560 - 7,970 - - - - 3,405 3,098 - 3,191 1,108 851 (3,174) 30,529 - - - 2,000 - 50 - 80 735 - 735 5,478 41 - 16,614 655 - - 22,117 201 20,599 3,174 - - - - 987 5,299 1,875 - 103,901 101 - 3,504 3,406 4,039 - 122 - - - 672 3,300 1,058 (3,090) 152 - - - - 1,007 35,196 (15,159) - - 98 - 44 151 - 15,159 15,310 222,205 263,715 - 266,123 Transfer of 31st December |
|
| 266,123 |
10. CBF CHURCH OF ENGLAND DEPOSIT FUND AND BUILDING SOCIETY DEPOSIT
The interest received on the deposits is allocated to the various funds (excepting transitory funds) on a pro rata basis to the mean balance for the year on those funds.
11. TRANSACTIONS WITH MEMBERS OF THE PCC AND OTHER RELATED PARTIES
In accordance with his contract of employment for services as Associate Pastor, for the period 1 January 2023 to 23 April 2023, when the APCM was held and Adam left the PCC, the PCC paid Adam Innes a salary of £7,811, paid employers NI of £684 (net of employers allowance), made pension contributions of £312, reimbursed him for his expenses of £25, and provided him with living accommodation within the parish at a cost of £2,543 rent, £346 council tax and £156 water rates.
Rector's expenses: £1,373; Baslow contribution £412.
Curate's expenses: £1,480
Members of the PCC and related parties donated a total of £30,712 (£38,390 including gift aid) to the PCC during the year.
14
PAROCHIAL CHURCH COUNCIL OF EYAM FOR THE YEAR ENDED 31ST DECEMBER 2023
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
12. COMPARATIVE FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME Donations and legacies Other trading activities Income from investments Church activities Other income TOTAL INCOME EXPENDITURE Church activities Raising funds TOTAL EXPENDITURE NET INCOME / (EXPENDITURE) FOR THE YEAR Transfers between funds TOTAL FUNDS BROUGHT FORWARD AT 1ST JANUARY 2022 TOTAL FUNDS CARRIED FORWARD AT 31ST DECEMBER 2022 |
Unrestricted Designated Funds Funds £ £ 152,963 4,986 15,409 4,311 497 621 16,157 - 3,435 - 188,461 9,918 169,327 14,489 5,917 3,052 175,244 17,541 13,217 (7,623) - - 34,182 61,210 47,399 53,587 |
Restricted Funds £ 10,020 - 2,417 1,000 850 14,287 18,457 - 18,457 (4,170) - 210,817 206,647 |
Total 2022 £ 167,969 19,720 3,535 17,157 4,285 |
|---|---|---|---|
| 212,666 | |||
| 202,273 8,969 |
|||
| 211,242 | |||
| 1,424 - 306,209 |
|||
| 307,633 |
15
Mark Randall FCA
Studio 21, SUM Studios, 1 Hartley Street, Sheffield S2 3AQ.
T: 0114 275 0461 | M: 07908 592007 | E: mark.randall@aims.co.uk | W: www.aims.co.uk
AIMS is a national association of independent accountancy practices operating under licence granted by AIMS Partnership Ltd. Appleby Randall Limited t/a AIMS Accountants for Business, registered in England and Wales, No: 05552891. Registered office as above. ~~o~~ d