2023-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Short Heath Willenhall

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Annual Report and Financial Statements of the Parochial Church Council of Short Heath Parish

Registered Charity number 1136136

For the year ended 31st December 2023

Independent Examiner's Report to the trustees/members of the PCC of Short Heath Parish

Registered Charity number 1136136

I report on the accounts for the year ended 31st December 2023 which are set out on the following pages.

Respective responsibilities of the Trustees and Independent Examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) that an independent examination is needed.

It is my responsibility

⚫

to examine the accounts under section 145 of the Charities Act,

to follow the procedures laid down in the General Directions given by the Charity Commission (under section145(5)(b) of the Charities Act, and

⚫

to state whether particular matters have come to my attention.

Basis of Independent Examiner's Statement

My examination was carried out in accordance with the General Directions given by the Charity Commission

An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair" view and the report is limited to those matters set out in the statement below.

Independent Examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect:

⚫ accounting records were not kept in accordance with section 130 of the Charities Act or ⚫ the accounts do not accord with the accounting records

I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: …………………….………………………………………

Date: ……………………………………..

Derek John Bennett FIAB; AMISM; MACAT.

6 Heath Road New Invention Willenhall WV12 5EF

The Parochial Church Council of The Ecclesiastical Parish of Short Heath Willenhall

Trustees’ Annual Report for the year ended 31st December 2023.

Charity registration number: 1136136

Objectives and Activities

The PCC is committed to enabling as many people as possible to worship at our churches and to become part of the worshipping community at Short Heath. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music, and sacrament. This is supported through social events and charitable activities.

The trustees of the PCC are aware of the Charity Commission’s guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in The Ecclesiastical Parish of Short Heath, Willenhall, it helps to promote the whole mission of the Church (pastoral, evangelistic, social, and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by:

Providing facilities for public worship, pastoral care, and spiritual, moral, and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers; and
Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society.
Growth is a priority for both churches in the Parish.
For Holy Trinity, to continue as a place of worship to continue to provide facilities for the community through the church hall and on-line centre, staffed by volunteers.
For Furzebank Worship Centre the main objective is to reach out to and to serve the wider community.

Achievements and Performance

The Parish has continued to provide worship in both churches whilst both churches are in interregnum. This has been an achievement for both churches and the Parish as they have relied on dedicated members who have undertaken significant roles, and in some cases a workload that has had potential for negatively affecting their health.

Both churches continually review the risk to members’ health, particularly in respect of Covid 19, and hand sanitisers are still in use where it is perceived that it is required. Holy Trinity are still using a method of serving communion that does not entail individual communicants drinking from the communion chalice.

Occasional Offices have continued but are limited by the lack of a minister within the Parish. The only reader in the Parish has done exceptionally well over the interregnum, however, she has felt the strain toward the end of the year and has reduced the number of funerals taken and will be enjoying a sabbatical from the end of February 2024.

The number of people on the Parish Electoral Roll for 2023 was 70, comprising 47 for Holy Trinity and 23 for Furzebank Worship Centre. The Electoral Role will be adjusted prior to the AGM in February 2024.

The project, Njarange Area Project Kenya, ceased to operate in the early part of the year and has now been wound up, having done a great deal of work to improve the lives of people in the area.

Good links have been maintained with the local schools – especially the Short Heath Federation.

The Parish’s contribution to the Common Fund (Share) for this year (2023) was set at £36,650. After email conversations with the Finance Director who was told that the Parish would yet again default on its contribution, the amount required to be paid for 2023 was reduced to £25,000.00, which was paid. Further discussion was had with the Director concerning the future contributions and the current staffing for the Parish, is set to one person, though in interregnum, the reality is near zero. The Finance Director has reset the staffing to 0.5 of a post from January 2024 until interregnum comes to an end. The contribution for 2024, for the Parish is set at £20,887.00.

The PCC reviewed its position in respect to the property owned by the PCC, 13 Wesley Road. The resulting discussion centred on the financial position of the Parish, and that it has an asset that could be sold to raise potential funding, if this is required. The problem was that there is a long-term tenant renting the property and has done so for sixteen years. It was decided by the PCC that it wanted the property to be on a short-term tenancy, so that it could be sold on the open market, within a relatively short period of time should it be required. To this end, the Agent, serviced a Section 28 notice requesting the tenant to vacate the property by 9[th] January 2024. The tenant indicated to the Agent that they would vacate the property by the required date, and subsequently did.

When there is vacant possession, the property will likely be put on the market for rent, for a one-year period, with a split, at the current market rent. This will then facilitate the PCC realising the market value of the property should it want to sell in the future.

Zoom meetings have been continued by Furzebank who now have alternate DCC meeting on Zoom and the Prayer Group continue to meet on Zoom, though this is available for anyone who wishes.

Holy Trinity continues its ministry to the wider community through the Church Hall which is rented by many and various community groups including uniform organisations.

The churchyard and extension continue to be focal points for the community. There have been a number of complaints regarding the extension, and Planning Permission was applied for in December to manage one of the protected trees that was encroaching on a neighbour’s house.

There has been some activity in respect of Shaping for mission.

There was a meeting with Holy Trinity DCC at which they agreed that some arrangement with Short Heath Methodists might be useful. There were a number of exploratory meetings between the two churches, that resulted in a questionnaire being given to both congregations. Approximately 50% in each church said that they didn’t won’t to move beyond sharing services on the current basis.

There was a meeting with FWC DCC, at which the prospect of sharing a vicar with Bentley was muted. This was accepted as a potential solution, though the DCC expressly ruled out any further collaboration with Bentley, such as moving to their parish. A meeting was held at Bentley in November, at which, the Archdeacon put forward a vague proposal of FWC and Bentley sharing a vicar, but without any indication of how much it would cost FWC, but it included FWC moving into the Parish of Bentley, and again, how this might work was vague. The previous agreement by the DCC and the congregation was only on the basis of sharing a vicar, therefore there are to be further discussion and a decision in the new year.

Financial Review

The PCC’s financial position is described in the attached document.

The financial risks are described below. The principal sources of income are collections, occasional office fees and the rent received from 13 Wesley Road.

Reserves Policy

The PCC continues to aim to keep approximately three months running costs in reserves. This is also to cover emergency building work. Both will depend on the situation as issues present themselves.

It continues to be our policy to invest the short-term investment fund balances with the CCLA Church of England Deposit Fund and the remainder in the CCLA Church of England Investment Fund.

The property at 13 Wesley Road is considered to be part of the reserves policy and the movement to a short-term rental basis for the house will facilitate the selling of the property should it be needed.

Safeguarding

The PCC believe they have fulfilled their duty in respect of the current Safeguarding and Clergy Discipline Measure 2023 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). Safeguarding continues to be an agenda item on the PCC. Changes have been made in respect of how the records have been kept. A recent audit has determined that everyone who needs to have a DBS, has one, and this is constantly under review.

Volunteers

The work of the Parish continues in both churches through the extraordinary effort of some key people to maintain the work of the church at the current time.

The Parish is very mindful of volunteers who continue the work of the Parish beyond the point at which they should stop or reduce what they do. It is to this end that the one of the church wardens did not wish to continue for another year, and that she wanted to focus on her ministry as a Reader. Particularly extraordinary are the efforts of some people who do a great deal for the church. Church Wardens at Holy Trinity also decided that after many years of service they did not want to continue. The Parish wishes to formally note the gratitude it has for the service of the three wardens.

It is with regret that no one from the congregation of Holy Trinity has come forward to take over the roles of warden. This has forced the three people to continue beyond where they wanted to stop. It also means that Holy Trinity looks weak from a Diocesan point of view, which, when they are considering a solution to the lack of a vicar, it may mean that the solution presented in not one that is desired.

Review of the Year

Will Jellyman, Chair of PCC and Parish Warden, writes:

2023 continued where 2022 left off, bringing difficult and unique challenges for both churches in our Parish which threaten to disrupt what we have considered to be the normal.

We continue to lose Loved Ones, and loyal and dedicated members of our Church.

The work of the Parish continues because our Reader, Wardens and District Wardens have taken on the extra work, above what they were doing already, and have increasingly had to rely on communion by extension as the supply of “stand-in” vicars diminishes.

The Parish continues to rely on other people, members of the DCCs and the PCC, people who occupy other offices, those who make the services work, in whatever way.

Many people are making an extraordinary effort, and we all thank you very much.

This report has been written without mentioning people by name, on the basis that we know who everyone is, God knows, and you all will be rewarded in Heaven.

But, in these times of a complete parish interregnum, we all give our heartfelt thanks to everyone who currently contribute to the life of our parish in whatever way.

Risk Management

The PCC recognises that its principal income is from collections and fees. Both congregations are ageing. The structure of Holy Trinity needs regular maintenance, and the churchyard requires maintenance to provide a safe place for visitors.

The PCC is aware of the need to grow congregations and ensure that the community is welcome at the pastoral offices that mark our lives.

The PCC recognises the challenges of setting aside financial reserves.

Structure, Governance and Management

The method of appointment of the PCC members is set out in the Church Representation Rules. The Council currently comprises the Churchwardens, a representative of the Readers, those elected to the Deanery Synod, the Secretary and Treasurer of the District Church Councils, the Safeguarding Officer and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. The PCC members are able to receive training from courses run by the Diocese. Members of the congregation are always urged to join the Electoral Roll, and to stand for election to the PCC.

The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. The Short Heath Parish is a Team Ministry. The day to day running of each church is delegated to District Church Councils for Holy Trinity and Furzebank Worship Centre. These councils deal with all aspects of the life of each church. It should be remembered and understood that the PCC has overall responsibility for everything that happens in the Parish, and the DCCs are only extensions of the PCC, to which the PCC can delegate some responsibility. This does not give the DCCs carte blanche to make decisions, with the need to have them approved, first, by the PCC.

Each Church elects’ representatives to the Wulfrun Deanery Synod.

The PCC is a Body Corporate established by the Church of England (PCC Powers Measure 1956, and the Church Representation Rules 2006) and is a Charity registered with the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure (1956) as amended, and the Church Representation Rules that came into effect on 2nd January 1957 (most recently updated in 2020).

The following policies are in place:

Safeguarding

Health and Safety with accompanying Risk Assessments

Expenses for clergy and ministers

Lone working

Vicar and Wardens account (This is a fund for those in need in the Parish)

Baptism policy

General Data Protection Regulation

Social Media

Parish Fees Policy

Related Parties

The Parish of Holy Trinity Short Heath is linked with the parish of Emmanuel Bentley as a United Benefice.

Reference and Administrative details

The Church is situated in Church Road, Willenhall WV12 5PT and is part of the Deanery of Wulfrun, in the Diocese of Lichfield. The correspondence address is 13 Leyburn Close, Walsall, WS2 0NP.

Registered charity number: 1136136.

Web presence is through A Church Near You and a website for Furzebank.

Holy Trinity Short Heath and Furzebank Worship Centre have independent Facebook pages.

PCC members, DCC members and officers who have served from the date of the PCC AGM until the date of this report was approved were:

1	William Jellyman	Parish Warden(Chair of PCC),Fees Treasurer,FWC DCC,Treasurer FWC
2	Helen Denny	District Warden Furzebank,DeanerySynod Rep,FWC DCC Chair
3	BarryCrook	District Warden Furzebank,FWC DCC
4	Gill Oplocky	Reader,HT DCC Chair,HT PCC Rep.
5	Gwenda Butt	HT PCC Rep,DeanerySynod Rep,HT DCC
6	Roger Butt	HT PCC Rep,HT DCC
7	Pauline Daniel	HT PCC Rep,HT DCC
8	Pauline Harding	HT PCC Rep,PCC Secretary,PCC Treasurer,HT DCC Treasurer
9	BettyHarding	HT PCC Rep,HT DCC
10	Roger Wilcox	FWC PCC Rep,FWC DCC
11	Carol Crook	FWC PCC Rep. DeanerySynod Rep,FWC DCC
12	Bryn Evans	FWC PCC Rep,FWC SafeguardingRep.,PCC SafeguardingRep.,FWC DCC
13	Ruth Evans	FWC PCC Rep,FWC DCC
14	SallyTuckley	District SecretaryFurzebank,FWC DCC
15	Carole Bradley	FWC DCC
16	Linda Jellyman	FWC Electoral Role Officer,PCC Electoral Role Officer
17	Norma Mills	District SecretaryHolyTrinity
18	Peter Purhouse	HT SafeguardingRep
19	Sandra Thomas	HT DCC
20	Marlene Elliott	HT DCC,DCC Secretary
21	Chris Cattell	HT DCC
22	PhilipAshmore	HT DCC

Names and addresses of advisers:

Bank Lloyds Bank

Investment CCLA Managers Diocesan Board of Finance

Independent Examiner Mr D Bennett

Approved by the PCC on 27[th] February 2024 and signed on its behalf by:

………………………………………. .

William Jellyman (Chair and Parish Warden)

The PCC of Short Heath Parish

Financial Statements for the Year Ended 31st December 2023

Receipts and Payments Account

		Unrestricted Funds £	Designated Funds £	Restricted Funds £	Total Funds 2023 £	Total Funds 2022 £
RECEIPTS
Donations and Legacies	4a	35,507			35,507	43,477
Activities for Generating Funds	4b	427	156		583	888
Income from Investments	4c		977	1,104	2,081	238
Church Activities	4d	17,870	26,258		44,128	38,437
Other	4e	560	2,505		3,065	20,664

Total Receipts		54,364	29,896	1,104	85,364	103,705

PAYMENTS
Raising Funds	5a
Church Activities	5b	63,074	8,696		71,770	93,442
Other	5c	450			450	470

Total Payments		63,524	8,696		72,220	93,914

Excess of Receipts over Payments		(-9,160)	21,200	1,104	13,144	9,791

Transfer between Funds	8	8,437	(-8437)

Adjustment						-614


Cash at Bank and In Hand at 1st Jan	6	35,032	51,708	11,735	98,475	89,298

Cash at Bank and In Hand at 31st Dec	6	34,309	64,471	12,839	111,619	98,475

The PCC of Short Heath Parish

Financial Statements for the Year Ended 31st December 2023

Statement of Assets and Liabilities

Cash Funds 6 Bank Current Accounts CBF Deposit Accounts Petty Cash 31Total Cash Funds Other Monetary Assets(due to PCC) Gift Aid Recoverable Other 34Total Other Monetary Assets Investment Assets 7 CCLA Investment Fund_(at market_ value) Other Investments 32Total Investment Assets Assets Retained for Church Use 8 Freehold House Other Total Assets Retained for Church 33 Use Liabilities(owed by the PCC) Loan from the Diocese Diocesan Parish Share Organ Cleaning 35Total Liabilities	Total 2023 £		Total 2022 £

	86,616		86,740
	12,160
	4		5
	98,780		86,745







	12,839		11,735

	12,839		11,735


	175,000		175,000

	175,000		175,000



	25,000		35,000

	25,000		35,000

The PCC of Short Heath Parish

Financial Statements for the Year Ended 31[st] December 2023

Please note: All figures in this document have been rounded

1. Notes to the Accounts:

The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis.

2. Fixed Assets

Consecrated and benefice property is not included from the accounts by s.10(2)(a)&(c) of the Charities Act 2011.

Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church’s inventory, which can be inspected (at reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.

Other tangible fixed assets are valued at cost.

3. Description of Funds

a. Unrestricted Funds are 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’ annual report.

b. Restricted Funds Comprise of two elements:

i. income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest.

ii. donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is not separate investment, interest is apportioned to individual funds on an average balance basis.

c. Endowment Funds are restricted funds that must be retained a trust capital either permanently to subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts.

The PCC of Short Heath Parish

Financial Statements for the Year Ended 31st December 2023

Finance	RECEIPTS	4	Unrestricted Funds £	Designated Funds £	Restricted Funds £	Total Funds 2023 £	Total Funds 2022 £
	F
	Donations and Legacies
	*Voluntary Receipts*	4a
1	Tax efficient planned giving		16,555			16,555	17,701
2	Other planned giving		9,150			9,150	8,826
3	Collections at services		1,206			1,206	2,219
4	All other giving and voluntary receipts including special appeals		1,977			1,977
6	Gift Aid Recovered		6,619			6,619	6,731
7	Legacies Received						8,000
8	Grants (recurring and one- off)
			35,507			35,507	43,477

	*Activities for Generating* *Funds*	4b
9	Summer Fete
9	Christmas Fair
9	Other Fundraising Activities		427	156		583	888
			427	156		583	888
	*Receipts from Investments*	4c
10	Dividends			351	1,104	1,455	175
10	Bank Interest			626		626	63
				977	1,104	2,081	238
	*Church Activities*	4d
11	Statutory Fees (retained by PCC)			26,258		26,258	20,984
12	Church Hall Hire		10,829			10,829	9,620

12	Sunday morning coffee		176			176
12	Bookstall
12	Car Park		1,690			1,690	1,560
12	Wesley Road		5,125			5,125	6,273
12	Other trading activities		50			50
			17,870	26,258		44,128	38,437
	*Other Receipts*	4e
13	Other		560	2,505		3,065	6,512
13	reimbursement						3,714
	Insurance Pay out						10,438
			560	2505		3,065	20,664
A	Total Receipts		54,364	29,896	1,104	85,364	103,705

The PCC of Short Heath Parish Financial Statements for the Year Ended 31st December 2023

Finance Form Box Number	PAYMENTS	5	Unrestricted Funds £	Designated Funds £	Total Funds 2023 £	Total Funds 2022 £
	Raising Funds	5a
	*Costs of Generating Funds*
17	Stewardship Costs					-
17	Costs of Fund Raising					-
17	Coffee Morning Costs					-
						-
	Charitable Activities	5b
	*Church Activates*
18	Mission Giving and Donations		250		250	854
19	Diocesan Community Fund		25,000		25,000	35,000
20	Salaries and Wages					1,790
21	Clergy and Staff Expenses		921	3053	3,974	9,052

	*Church Expenses*
22	Church Expenses (Mission and Evangelism)		25		25	2,783
23	Church Running Expenses (inc Governance)		2,652		2,652	2,685
24	Church Utility Bills		5,458		5,458	2,909
25	Support Costs		345		345	2,019
25	Insurance		5,164		5,164	5,708
25	DBF Fees		6,300	1,484	7,784	6,454
25	Wesley Road		401		401	284
25	Church Yard		6,000	4,159	10,159	8,120
25	Church Hall & IT Running Costs		9,974		9,974	4,828
	*Major Capital Expenditure*
27	Major Repairs to the Church		584		584	420
28	Major Repairs to Church Hall
29	New Building Work					10,538
			63,074	8,696	71,770	93,173

99	Other Payments	5c
	Governance Costs		450		450	450
	Other Expenditure					20

			450		450	470

C	Total Payments		63,524	8,696	72,220	93,914

The PCC of Short Heath Parish

Financial Statements for the Year Ended 31st December 2023

6	Cash at Bank and in hand
			Unrestricted £	Restricted £	Endowment £	2023 Total £	2022 Total £
	HSBC Current Account		17,769			17,769	23,031
	Barclays Account		68,847			68,847	63,709
	CBF Deposit Account		12,160	12,839		24,999	11,735
	Petty Cash		4				5
	Total		98,780	12,839		111,619	98,480

7	Investments (if applicable)

		At 1st Jan £	Additions £	Disposals £	Transfers £	Change in Market Value £	At 31st Dec £
	Unrestricted funds
	Investments	11,976	184				12,160
	Restricted funds
	Investments	11,735	1,104				12,839
	Endowment funds
	Investments
	Total	23,711	1,288				24,999

8	Fixed Assets	175,000					175,000

	*Fixed Assets freehold Curates House £175,000*

9 2023	Summary of Fund Movements
		Balance at 1st Jan £	Receipts £	Payments £	Transfers £	Balance at 31st Dec £
	Unrestricted Fund
hsbc	1. Furzebank 91285467	5,171	15,518	976	-12,300	7413
hsbc	2. Short Heath PCC 51414461	5,884	5530	32761	7109 -405 12,300 12,699	10356
bclay	3. Holy Trinity DCC 60893382	23,976	33316	29787	306 -12699 1440 -10056 540 2478 6030 484 240 270	16538	Inc hall
		35,031	54,364	63,524	8,436	34,307
	Designated Funds
bclay	1. Holy Trinity Community 60678163	1,651	2530		-1440 -540	2201
hsbc	2. Furzebank 41594265	11,976	184			12,160
bclay	3. Holy Trinity Fundraising 40555622	30,006	500		10056	40,562
bclay	4. Parish Fees 43514595	533	26528	8968	207 -2478 405 -7,109 -306 -240 -270 -6030 -484	1788
Bclay	5. V & CW Receiving 93494748	32	351		-120 -80 -90 -90	3
bclay	6. V & CW Savings 13173380	7,510	72		120 -207 80 90 90	7,755
		51,708	30,165	8,968	-8,436	64469
		86,739	84,529	72,492	0	98,776
	Restricted Funds
	1. Invst CBF* CB3028167	11,735	1104			12,839
	2. PCC	175,000				175,000
		186,735	1,104			187,839
	Endowment Funds
	Total Funds	273,480	85,633	72,492	0	286,619
		Total start fund includes a £4 correction adjustment caused by rounding

	Designated Fund1	use for community as designated by the incumbent, all but £5 transferred to FurzebankSavingsAccount,forease ofusing
	Designated Fund2	Furzebank savings account, from 14thApril 21 including Holy Trinity Rectors Fund
	Designated Fund 3	for fundraising activities by Holy Trinity
	Designated Fund4	Parish Fees Account
	Designated Fund 5	Vicars & Church Wardens Account Receiving.receives interest and dividends from CBF fund
	Designated Fund 6	Vicars & Church Wardens Account Savingsreceives interest and dividends from CBF fund also fund transfer from V&CW Receiving account for distributionby theRector
	Restricted Fund1	CBF Investment account - changed from 620163001S to CB3028167-001
	Restricted Fund2	Property, any income goes into the PCC account

10 2022	Summary of Fund Movements
		Balance at 1st Jan £	Receipts £	Payments £	Transfers £	Balance at 31st Dec £
	Unrestricted Fund
hsbc	1. Furzebank 91285467	5,377	15,384	13,290	7,100 - 7,100 10,000 - 12,300	5,171
hsbc	2. Short Heath PCC 51414461	2,556	6,768	38,406	5,000 4,967 12,300 12,699	5,884
bclay	3. Holy Trinity DCC 60893382	11,502	49,880	26,892	845 -12,699 1,340	23,976	Inc hall
		19,435	72,032	78,588	22,152	35,031
	Designated Funds
hsbc	1. Holy Trinity Rectors fund 43126900	5			-5	0
bclay	2. Holy Trinity Community 60678163	7,491			5 - 5000 -845	1,651
hsbc	3. Furzebank 41594265	18,615	10,461		-10,000 -7,100	11,976
bclay	4. Holy Trinity Fundraising 40555622	29,790	216			30,006
bclay	5. Holy Trinity Fees 43514595	1,617	19,186	15,055	1,096 - 173 7,100 - 7,100 169 - 4,967 270 - 1,340 -270	533

Bclay	6. V & CW Receiving 93494748	0.00	1,528		- 1,096 - 169 -171 -60	32
bclay	7. V & CW Savings 13173380	0.00	7		173 - 270 7,100 171 270 60	7,511
		57,518	31,398	15,055	-22,152	51,709
		76,953	103,430	93,643	0	86,740
	Restricted Funds
	1. Invst CBF* 620163001S	12,344		609		11,735
	2. PCC	175,000				175,000
		187,344				186,736
	Endowment Funds
	Total Funds	264,297					103,430
	Designated Fund1	receives interest and dividends from CBF fund for distribution by the Rector
	Designated Fund2	use for community as designated by the incumbent, all but £5 transferred to FurzebankSavingsAccount,forease ofusing
	Designated Fund 3	Furzebank savings account, from 14thApril 21 including Holy Trinity Rectors Fund
	Designated Fund4	for fundraising activities by Holy Trinity
	Designated Fund 5	Fees Account
	Designated Fund 6	Vicars & Church Wardens Account Receiving.receives interest and dividends from CBF fund
	Designated Fund 7	Vicars & Church Wardens Account Savingsreceives interest and dividends from CBF fund also fund transfer from V&CW Receiving account for distributionby theRector
	Restricted Fund1	CBF Investment account - changed from 620163001S to CB3028167-001
	Restricted Fund2	Property, any income goes into the PCC account