PARISH OF OXTON ST SAVIOUR WITH ST ANDREW, NOCTORUM ANNUALACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2023
Charity of St. Saviour's PCC. Oxton St. Saviour's PCC Oxton Registered charity number: 1136160 St. Saviour's Church St. Saviour's Parish Offi Bidston Road Oxton Prenton CH43 2JZ Goveman Mana emen rtt The charity was constituted on 2nd June 2010, under a governing document issued pursuant to The Parochial Church Council Powers Measure (1956) as amended, and the Church Representation Rules. New Trustees are appointed by election to the PCC for a period of one or three years (or up to nine years with three consecutive terms). viti To provide regular public worship. open to all, and a sacred spa, for personal prayer and contemplation. Pastoral work. including" Visiting the sick and bereaved Teaching Christianity through sermons and study groups Taking religious assemblies in schools Promoting the whose mission of the church through the provision of activities for children, parents and senior cttizens Supporting other churches, and other charities in the UK and overseas The parish centre is part of the church and is available for public use by groups or individuals. Vvhen planning our activities for the year, the incumbent and the PCC have understanding and regard to the published Charity Commission guidan on public benefit, and in particular, their guidance for charities in respect of the advancement of religion. In particular we aim to enable ordinary people to live OLrt their farth as part of our parish communrty through: Worship and prayer, leaming about the Gospel and developing their knowledge and trust in Jesus Provision of pastoral care for people Irving in the parish Missionary and outreach work. To facilrtate this work. it is important that we maintain the fabric of the Church and the Parish Centre. Backaround The Parochial Church Council has the responsibility of co-operating with the incumbent in promoting, in the ecclesiastical parish, the whole mission of the church. pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for St Andrew's Church Centre, Noctorum. A Parish Centre has
been built alongside the Parish Church of St Saviour and there is a hall as part of St Andrew's Church Centre. The Parish also has responsibility for the maintenan of a house at Noctorum Dell, the vicarage being in the care of the Di0se. IviemDersi11 Members of the PCC are either ex officio. co-opted or elected by the Annual Parochial Church Meeting in accordan with the Church Representation Rules. During 2023, the following seNed as members of the PCC" Incumbent TheRevd Dr Joe Kennedy The Revd Holly Torr MrsA Davies Curate Reader Pastoral Worker vacant Churchwardens Mrs J Unwin Mr N Frowe (from June 2023) Miss J Pary (until June 2023) Miss K McKay (Deputy Churchwarden from June 2023) Representatives on the Deanery Synod.. Miss J Parry. Mrs E Ray (until July 2023), Mrs J Biggs. Elected Members of the PCC Mr C Biggs. Miss K. McKay MrA Parsons MrG Chadwick Mrss Williams Mrs C Hunt Mr H Keown Mrs A Wlelding MrA Yunas MrD Kewley (from May 2023) Dr J Smith (from May 2023) Mr S Vvhite Canon Dr J Richardson Honorary Assistant Priest and member of the Parish Leadership Team (non PCC member) The Revd Elaine Bisson
The Revd Dr j Kennedy MrA Parsons Miss J Parry Mrs E Ray (until July 2023) Mr G Chadwick Mr S White Mrs A Davies Mrs C Hunt Mr H Keown IArs A Welding Mr C Biggs Canon Dr J Richardson Mrs J Unwin Mrs J Biggs Dr J Smith (from May 2023) MrA Yunas hArs S Williams Miss K McKay Mr N Frowe Mr D Kewley (from May 2023) Achieve nts and Pe rniance During nomial times, a large congregation regularty use the church on Sundays and it is open every weekday moming for services or prayer. In general many groups use the parish centre, some on multiple occasions. and there are private individual bookings. Four local schools have regular contact wtth the church. Finan 23 £178.953 £180,471 2022 £188,133 £178,176 Chan (£9,180) £2.295 Total income Totsl outgoing resources Net receiptsl(payments) (£1,518) £9,957 £11,475 2023 has been a difficutt year financially. Expendtture has exceeded income on our day to day running for the third year in succession, by just over £22,000 in 2023. This is masked in the accounts, summarised above, by specific donations to designated funds. induding a £20,000 bequest, and rental income for 6 months of £3,679 from our property in No¢torum Dell . In general, Planned Giving and Gift Aid have decreased slightly, whilst costs have increased. This is particularly so with our energy costs, which have increased by more than a third to £13,785, despite gas priS being protected by an existing contract until October. Our electricity charges more than doubled in the last year.
increased by more than a third to £13,785, despite gas prIS being protected by an existing contract until October. Our electricity charges more than doubled in the last year. The finance committee reviewed income and expenditure during the previous year and were able to identify only small savings, bLrt the PCC agreed to rent-out the Noctorum Dell house, which was vacant from January and which could bring approximately £10,000 income and savings in a full year, although the actual income received for 6 months was less than anticipated because of the need to upgrade the property. Our future financial situation has led the PCC to consider the possibility of selling this property, whilst a group is looking at 'green' options to redu our energy costs for the church in future years. Key Costs 2023 2022 General maintenance £6,474 £3,390 Insurance St Saviours £9,484 £7.265 Energy costs. both sites £13.786 £9.610 The balance sheet shows that the total of all funds is £74,292 comprising General Funds £60,255 Designated Funds Parish Centre £4.756 £9.281 It should be noted that there was a 'technical' transfer of £53,252 from 'Designated Unassigned, funds into 'PCC Unrestricted, funds at the end of the year. It is the policy of the PCC, in accordan with advised good practi, to aim to retain sufficient °free° Gash reserves, equal to a minimum of three months running cosls. In 2023 our annual outgoings were approximately £180,000, excluding the lechnical, reassignment of funds referred to above. One quarter of this is £45,000 and we currently have approximately £30,000 available. The PCC will continue to monitor and review its finances and aim to achieve a situation whereby income exceeds expenditu. Charitsble Givin The following organisation was supported in 2023: Turkeylsyria Earthquake Appeal: £315
Committees Under the Governance, Leadership and Management structu agreed by the PCC in January 2017, these are: Standing Committee This is the only committee required by law. It has the power to transact the business of the PCC beeen its meetings. subject to any directions given by the Council Fabric Committee Responsible for the fabric of all properties Finance Committee Oversees the general financial work of the parish Leadershi Parish Leadership Team Forum for mutual support for leaders within the parish community Aduft Discipleship Leadership Team Co-ordinates discipleship programmes and initiatives Pastoral Care Leadership Team Co-ordinates pastoral care. welcome and retention Worshipplng Life Leadership Team Provides leadership in the development of the parish's worshipping life Welcome and Hospitality Leadership Team Provides leadership in the development of the parish's ministry of welcome and hospttality Children and Youth Leadership Team Provides leadership in the development of children's and youth work in the parish Safeguarding Management Group Oversees the parish's safeguarding policy and procedures Health and Safety Management Group Manages Health and Safety provision for the Parish Church, St Andrew's and the Parish Centre Outreach Management Group Co-ordinates the parish's support for other charities Parish Centre Management Group Manages the Parish Centre Social and Music Management Gmup Hosts social and musical events C.hifrch attenoance There are 333 parishioners on the Church Electoral Roll of which 100 are not resident within the parish. The average attendance at services was 150.
This Annual Report was approved by the PCC on 29th April, 2024, and signed on its behalf by Revd Dr Joe Kennedy (Vicar): BALANCE SHEET AS AT 31ST DECEMBER 2023 2023 2022 CURRENT ASSETS Cash at HSBC and in hand 30,142 33.032 Held in Trust Short term deposits {CCLA) 44.150 42,778 74,292 75,810 TOTAL CURRENT ASSETS 74,292 75,810 FUNDS Unrestricted 60,255 30.694 Designated Assigned Designated Unassigned 2.000 35,060 2,756 2,729 Parish Centre 9,281 7,327 TOTAL FUNDS 74,292 75,810 NB In addition to the monetary assets above. the church also owns two properties valued at a total of £276,870: St Andrew's Centre (value £26,870 in 2018) and 36, Noctorum Dell (value £250,000 in 2022). The financial statements were approved by the PCC on 29th April, 2024, and were signed on its behalf by the Vicar. Revd Dr Joe Kennedy:
RECEIPTS ANO PAYMENTS ACCOUNT Forthe Year Endkng 31$1 Decemb 2ty23 Funds Fund Funds Funds TOTAL TOTAL 2023 2023 2D23 2023 2022 ReceSpts Receipts from don 105.688 21al 105.688 170.874 Other volunltry receipts 17.973 6.374 20,192 2(b} 44,539 46.259 Income from chlIae 5,048 21cl 27,354 30.445 ond tIllOry Iro( Income from nveslments 1.372 21dl 1.3r2 555 Totoj Recelpts 17973 13&740 20.192 178?53 1M133 Payments Gronts 315 3(al 315 265 ACtMlI direclty reloting 5.021 16.019 120.428 3(bl 141,468 138.075 lo the WO of the church churrh managwngnt and a(kninistratiDn 38.688 39.8 Total Pwments 14019 IS9.431 180A71 1rn176 Net recelpts over p(ents 20,192 -1,618 9.957 Tramler To Generol FUTh 53252 {53.2521 Tronsler lo Designote(l Funds Net recelptsllpayrnents) 1.954 1216911 20192 -1.518 9,957 Brought Foyword OI101121Y23 1729 7,327 30.694 35,0 74810 65.853 Net movement In lur5 1954 I23.) 20.192 -1.518 9.957 Caled fcrfward 31112123 2.756 9281 60.255 2.0 74292 75,810 Notes in column 6 refer to Daaes 11 and 12
Notes Accounting Policies The financial statements have been prepared on a Receipts and Payments basis and comply with the charities Act 2011. The financial statements have been prepared under the historical accounts.ng convention except for the valuation of investment assets, vthich are shown at market value. Funds General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. In the designated fund, funds gifted for a particular purpose are regarded as assigned. The accounts include all transactions. assets and liabilities for which the PCC 15 responsible in law. They do not include the accounts of groups who use the church that owe their main affiliation to another body. Incoming Resources a) All incoming reSoUrS are included in the Receipts and Payments account. b) Other voluntary incoming resources, which are income from the parish centre and funds designated for specific purposes. Resources used All expenditure is accounted for and has been classified under headings that aggregate all costs related to the category. Note that a payments and receipts accounting method is now being used. Fixed assets (Consecrated land and buildings and movable church fumishings) Consecrated and beneficed propety is excluded from the accounts by s.10 of the Charities Act 2011. No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the Statement of financial activities and separately disclosed. Investments Investments are valued at market value at 31 December. Short-term deposits include cash held on deposit either with the Central Board of Finance Church of England Funds or at the bank.
Tax The charity is an exempt charity wrthin the meaning of schedule 3 of the Charities Act 2011. Going Concern The financial statements have been prepared on a going cOnM basis as the trustees believe that no material UnrtaIntieS exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The expected income and expenditure is sufficienc with the level of reseNes, for the chanty to be able to continue as a going concern. PROPERry FIXED ASSETS FOR USE BY THE PCC Freehold land and buildings The freehold land and buildings comprise an associated minister's house (36 Noctorum Dell) and St Andrews Church Centre. The values of the properties (as at 31st December 2023) are 36 Noctorum Dell (£250,CMJO) St. Andrew's Church {£26,870) Total £276,870 The PCC also has the use of the following benefice assets: St. Saviour's Church and St. Saviour's Parish Centre The Parish Centre is an inalienable benefice asset, which is valued at £906,046. This valuation is derived from expenditure on the building between 2002 and Dember 2007 from income provided by the sale of the Parish Hall, the Big Lottery Fund (£400,000), and fund raising in the parish. The combined valuation of the Church and Parish Centre for insurance purposes is £19,240,000 (2016 £9,487,184). Consecrated and benefId property is excluded from the PCC accounts by s.10 of the Charities Act 2011. The offi equipment is of insignificant value and was written off in the accounts during the year of purchase. io
ReceiDts 2023 2022 21al Incomina resources from donors Planned Givina Income tox recovered Collections (Loose Dlatel Gift Aided Donations Leaacies Sundry donotions 63.226 17.353 10.046 14.748 66,117 19.924 5.744 18,697 392 315 105.688 110.874 21bl Other voluntary incominq resources Parish Centre Fund Desionated Donotions utililv Income Parish Centre 77.973 20.192 6.374 44.539 16.326 25,881 4.052 46.259 21cl Income from choritoble and ancillary trodinq IO0+ Club Bell Tower Flower Guild Enqaoe Crafl Cafe Childrens work linc Messv Churchl Toddler5 Junior Church 3.425 3755 615 176 1,623 141 793 524 34 6.095 986 Enerqy Grant CCLA deDOSIts Portsh mooazine st. Andrew's Fund Roisina Events PCC Fee5 Sundry income 59 4.539 2,832 14.169 1.765 2,468 8.615 5.624 5,299 22.306 24.350 21dl Income from investments Bank & olhef interest 1372 555 Total recelDts 178.953 188.133 li
Payments 2023 2022 31a) Grants Choritoble giving Turkeylsyria Eorthquake (Christian Aid 221 315 265 315 265 31bl Activities direcfly reloting to the work of the church Minislry: Parish Shore 71,757 69.667 Clergy Expenses 788 352 Clergy Housing 4934 6,669 Church: Altar. Setvices. Candles etc 689 416 Gas, electricity. woter 12,488 8.693 Choir + CCLI licences + RSCM + PRS 966 947 Insurance 9.484 7,265 Magazine Maintenance 6,474 3.390 Organ and Piano Tuning 900 9C Organists 7.762 7.086 Sl Andrew's 4,186 6.122 120.428 111,507 l(K)+ Club 3,350 3,835 Bell Tower Flower Guild Costs 643 1.704 Engage 175 133 Crafl Cafe 36 Children's work (includes Messy Church) 565 393 Toddlers 239 Junior Church 49 31 5.021 6.132 12
Parish Centre running 16.019 12,644 Designaled Funds 7.792 141.783 138,340 31cl Church monogement ond administration Christian Stewardship ComF)aign lenvelopesl Payment riabilily held in trust Parish office administration 38,498 39657 Bank charges 190 179 39,836 Total outgoing resources 180.471 178.176 DESIGNATED FUNDS The Designated Assigned Fund holds the balances of donations made for specific purposes. The PCC has reviewed all funds under these headings and concluded that £53,252 should be considered as Designated Unassigned Funds and transferred to General funds, in order to assist in meeting the financial challenges facing the parish.
Ali cation of Fund Opening Transferred Incoming Outgoing Closing Balance Resources Resources Balance PCC Unrestricted 30.694 53,252 135,740 159,431 60,255 100+ Club 345 3.425 3.350 420 Bellringers 446 446 CAMEO 487 487 Flowers 199 615 643 171 Engage Craft Cafe 21 176 175 22 26 31 Children's work 304 793 565 532 Toddlers 875 239 636 Junior Church 26 49 11 Other Groups 2,729 5.021 2,756 Parish Centre 7.327 17,973 16,019 9,281 PCC Designated Fund 35,060 (53,252) 20.192 2.000 Total 75.810 178.953 180,471 74,292 EXPENSES Parishioners and Members of the PCC are reimbursed for their expenses where they relate to aLrthorised expenditure and must be supported by invoices or receipts. No out of pocket expenses were paid to Trustees during 2023. 14
INDEPENDENT EXAMINATION The cost in 2023 was £1,164 including VAT. STAFF COSTS 2023 2022 Wages and salaries 40,191 36,726 Average number of staff for the year Planned G"ivinq January io Dernber. Total Planned Giving was £77.974 (an 8.5% decrease on 2022) donated by 95 contributors. 15
Independent examiner's report to the trustees of Parish of Oxton St Saviour with St Andrew Noctorum I report to the charity trustees on my examination of the accounts of Parish of Oxton St Saviour with St Andrew, Noctorum for the year ended 31 December 2023. Responsibilities and basis of report As charity trustees, you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the charity's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145{5)(b) of the Act. Independent examinerfs statement I have completed my examination. I confirm Ihat no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect" accounting records were not kept in respect of the charity as required by Section 130 of the Act. or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements conceming the form and content 01 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 wrth the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Suzanne Draper FCCA ACA SB&P Chartered Accountants Oriel House 2-8 Oriel Road Bootle Liverpool Merseyside L20 7EP Date: 16