2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Thornbury

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Thornbury Parochial Church Council 2022 Annual Report and Accounts

Current projects to be	funded in 2023 onwards are as follows:
		f
St Mary's Quinquennial	works	10,000
Stained Glass window	repairs	20,000
Back ofSt Mary's re-ordering		20,000
Fees: Architect's fees	on above projects	6891
		~56891

		For the	period from 01 Ja	nuary 2022	to 31 Decem	ber 2022
			Unrestricted	Designated	Restricted	Church	Total	Pnor year
			funds	funds	funds	Hall	funds	total funds
Income and endowments:
Donations and legaaes			144,302		4,704		149,006	158,920
Income from charitable activities			9,951			26,002	35,954	22,606
Investments			871		30,763	70	31,705	27,063
Other income			1,010				1,010	390
Total income and endowments:			156,136		35,487	26,072	217,876	208,980
Expenditure:
Expenditure on chantable activities			151,638		27,294	30,888	209,821	207,480
Other expenditure			229				229	1,452
Total expenditure:			151,868		27,294	30,888	210,051	208,933
Net income/(expenditure)			4,267		8,172	(4,815)	7,624	47
Transfers
Gross transfers between funds		- in		10,000
Gross transfers between funds		- out				(10,000)
Net Income / (expenditure)			4,267	10,000	8,172	(14,815)	7,624	47
Other recognised gains	/	losses
Gams / (losses) on investment		assets	(1,390)		(126,613)		(128,003)	132,493
Net movement in funds			2,877	10,000	(118,440)	(14,815)	(120,378)	132,540
Reconciliation offunds
Total funds brought forward				46,891	1,324,625	277,625	1,713,897	1,581,357
Total funds carried forward			67,631	56,891	1,206,185	262,810	1,593,519	1,713,897
Represented by
Unrestncted
General fund			67,631				67,631	64,754
Designated
Designated fund				56,891			56,891	46,891
Restricted
Bells					1,596		1,596	2,013
Bufumbo					8,548		8,548	8,548
Children and Youth Work					27,753		27,753	28,321
Fabnc Fund incl Chancel Roof					0		0	0
Friends ofBt Mary's Reordering					1,894		1,894	4,240
Hopkins Restricted Reserve					592,928		592,928	644,152
Music ind choir					6,396		6,396	5,946
Robinson Trust					567,066		567,066	631,403
Endowment
Hall Property						210,000	210,000	210,000
Hall designated receipts and		payments				52,810	52,810	67,625

							2022	2021
Fixed assets
	Hopkins		Reserve CBFC ofE				97,903	110,900
	Investments
	Hopkins		General CBF	C ofE Investments			397,210	449,941
	Salmon	Curate gifl - CBFCofE Inv					2,618	2,966
	Shares
	General		Bequest Fund	- CBFCofE Inv			7,855	8,897
	shar
	Church	Hall end Land					210,000	210,000
	Robinson		CBF(CCLA) Investments				458,640	519,526
				Total Fixed		assets	1,174,226	1,302,230
Current assets
	NatWest		Number 1 account				75,006	75,259
	NatWest		Number 3account
	Church	Hall Bank A/c					16,636	30,444
	CBFGeneral Purposes			Deposit			19,866	9,644
	Hopkins		Restricted Deposit				100,775	84,797
	Virgin Money Savings			A/c Church			40,000	40,000
	Virgin Money Savings			/Vc Hall			35,000	35,000
	Coventry		chanty deposit				55,895	55,834
	Robinson		Restricted Deposit				87,404	86,270
	Accounts		Receivable				1,743	1,232
	Pre-paid		Expenditure				100	100
	Accrued		Income				148	18
	Hall Net		Debtors				4,040	3,531
				Total	Current	assets	436,613	422,129
Liabilities
	Agency	collections					3,754	2,463
	Accrued		expenditure				6,968	3,062
	Pre-paid		Fees				3,731	3,587
	Hall Liabilities						2,866	1,349
					Total Liabilities		17,319	10,461
				Net Asset	surplus	(deficit)	1,593,519	1,713,898

						2022			2022	2021	2021
General Fund	—Receipts
Voluntary	Income
Planned giving (Note 1a)						98,505				102,155
Collections (Note 1b)						4,024				2,176
Donations (Note 1c)						12,969				7,495
Gift aid reclaimed on chantable giving						25,034				25,729
GASDS —addition gift-aid on non-gift			aided giving
	over the year (Note 1d)					2,123				364
Income for flowers and photocopying,			events (note Ie)			685				440
Grants including recurnng and one-off (note If)						454				1,950
Legacies ( Roger Bennett (210K)and			Peter Sumner balance) 500							11488
								144,294			151,797
Investment	Income (Note 1g)								868		474
Receipts from Charitable Activities
Weddings and Funerals (Note 2a)						9,685				3,818
Other funds generated (note 2b)						1,276				707
								10961			4 525
Total Receipts
Note 1a	Planned giving was down again,	compared		to	2021,because the number		of regular givers has decreased
Note lb	Collections were higher than in 2021,as more				services resumed.
Note Ic	Donations were much higher than		in 2021.They include monies raised from					Sunday lunches,		donations
	from groups using St Mary's Church and monies raised by Rev Tom on his Ride and Stride.									The
	contactless machine donations,	which are included				here, are also beginning		to	grow.
Note 1d	Gift Aid top up on cash donations		has increased as			collections, donations	and cash from the			contactless
	machine were much higher.
Note le	Flowers income has increased,	from one or		two weddings and donations.
Note If	2022 Grants only include Utilities		Warehouse		commission and town council			grant for flood lighting.
Note 1g	Investment Income has increased		as interest		rates	were raised during the year.
Note 2a	2022 had 8 weddings, 2021 had	7weddings,			1 in 2020 and 14 in 2019,with			2 blessings. There were more
	Banns read for couples marrying		in other churches			in 2022. There were quite a			few more funerals
	compared to 2021, and many were held in church,					rather than lust at the	cemetery or crematonum, giving
	us more income.
Note 2b	Other funds generated include:
	Oldbury Share of Office	Costs
	Clergy funeral travel fees

					2022			2022	2022		2021	2021
l	Fund - payments
Cost of		generatmg voluntary income (use ofcontactless		machine)		229					202
Charitable Activities
		Church office costs			4,066						3,206
		Church flowers (Note 3)			1,847						779
		Children's work			94						0
		Organ & piano tuning			876						984
		Choir & music			222						173
		Ch@t (church magazine) (Note 4)			(7)						807
		Church Maintenance St Mary's (Note 5)			4,336						1,642
		St Paul's			5,228						60
		Church Equipment (note 6)			4,091						1,310
		Church Running costs St Mary's utilities (Note 7)			7,579						3,998
		St Paul's utilities			818						550
		St Mary's Insurance			5,172						4,732
		St Paul's Insurance			558						522
		Cost of upkeep of	services		741						208
		Lay Salaries (Note 8)			15,609						16,809
		Parish Share (Note 9)			84,740						94,740
		Ministry Costs, incl vicar's expenses, training,
		subscnptions & licences (Note 10)			2,445						2,174
		Faith sharing, events, courses &social expenses			551						1,218
		Mission giving (excluding Hopkins —now a restricted
		fund)			9050						9050
								148,016				142,962
		Governance, audit fee, VAT reclaimable, Architect's
		fees						3,608				950
ot	al
Note 3		The cost for church tlowers was higher than		in 2021,as the churches			were fully open			and	had more
		weddings.
Note 4		Ch@tcosts were even lower in 2022, as most editions were produced					on-line. Costs			have not reverted to
		the old level as fewer hard copies are now	produced. The negative figure is					due to	expecting higher costs
		than were actually charged.
Note 5		Maintenance -St Mary' s:- Repairs to radiators, fire extinguishers inspection,						lightning		conductor testing,
		roof alarm monitoring, boiler service
		St Paul's: —Electrical works, quinquennial	works, shed groundworks,				tree pruning
Note 6		Includes office computer, St Paul's shed, Aumbry
Note 7		Utiuties costs are higher as we are back to	more services and		gas pnces have increased						significantly.
		Electnoty is still on old low fixed rates, which		expire in June (StPaul's) and				November		(St Mary' s)2023
Note 8		Salaries were lower because the office administration reduced			slightly		and we were		without an organist at
		St Mary's for some ofthe year.
Note 9		Parish Share was reduced as we had 2 years of lower income.
Note 10 The licences are afi back in use and there			are additional ucences for			live streaming			Sunday services.

In accordance	with the	Financial	Financial	Reporting	Reporting	Standard	Of Recommended	Practice, we no-longer	Practice, we no-longer
reserves fund.
							2022	2022	2021	2021
Receipts
Total Receipts
Payments
St Mary's	Audio-Visual		equipment		(note	11)			(558)
Total Payments										558
Broughtforward	balance							46,891		46,333
Transfer of General fund surplus				to Designated		Fund		0		0
Transfer from	Church	Hall						10,000		0
Balance carried forward

Ia)
St	Mary'	s	Quinquennial	works		I5,000
St	Mary'	s	Stained-glass	window	cleaning/repairs	35,000
			Fees - Architect's fees		on above projects	6891
						56Jk91

Restricted Funds
					2022	2022	2021	2021
					6	6	6	6
Robinson Trust
Receipts
Interest on deposit		fund			1,134		69
Dividends from shares					13,650		12,806
Grants received	(VAT refunded)				0		6,242
Grants received	(Note12)				4,000		0
Total receipts						18,785		19,118
Payments
Architects fees					1,629		492
Roof alarm					0		6,594
Repairs to steps, pulpit and		removal	of	monument	0		3,036
Porch doors, path relaymg,		memonal	plaque		10,575		37,287
Chancel window repairs					7,685		0
VAT reclaimable					1,537		740
Repair to grating					810		0
Repairs to door					0		435
Repairs to bell tower hatch					0		300
Cleaning ofstained glass					0		3,700
Total Payments						22 236		52584
Excess of payments		over receipts				(3,450)		(33,465)
Funds
Value of Robinson		shareholding		b/f	631,403		601,253
Increase/(decrease)		in value	of	shareholding	(60,885)		63,615
						571,518		664,868
Balance carried forward						567J)88

								2022	2022	2021	2021
Hopkins Fund
Income from	Investments
Dividends	from Hopkins		Restncted			Investment		13,262		12,254
10%Dividend for Hopkins				Disbursement			(Note 13)	1,473		1,361
Interests	on Hopkins	restricted			deposit			1,241	15,977	50	13,666
Payments
Hopkins	disbumement							1,473		1,361
									1 473		1 361
Subtotal									14,503		12,304
Value of	Hopkins fund		b/f					644,152		564,462
Decrease/Increase in		value		of	shareholding			(6~5727		67 386
Year-end	value offund								578425		631 848
Balance carried forward											646J52

Bufumbo
Receipts
Balance brought	forward		from last year	8548	8548
Balance carried forward
FOSM Re-ordering		Fund
Payments
Treatment of main door	at St Mary's			0	320
Architects fees				2,346
Balance carried forward

Restricted Funds (continued)	Restricted Funds (continued)	Restricted Funds (continued)
			2022	2022	2021	2021
			8	6	6	6
Music Fund, including	choir
Receipts
Donations not Gift Aided			300		150
Donations- Concert	series (not Gift Aided)		0		100
Other funds generated			0		262
Fees for weddings			150
Total Income				450		512
Payments
Music
Total Expenditure				0		0
Subtotal				450		512
Balance carried forward
Bells Fund
Receipts
Donations received
Total mcome received
Subtotal
Payments
Subscriptions, CCTV, repairs			0		107
Stay for tenor bell			0		48
Merges			671
Subtotal				(671)		(155)
Transfer from Weddings				254		287
Balance brought forward				2013		1,882
Balance carried forward						2J)13.
Children and Youth Work		fund
Receipts
Donations
Total Receipts
Payments
Materials			567	(567)	215	(215)
Balance brought forward		from prior year		28321		28536
Balance carried forward		(Note 14)

				2022	2021
INCOME			Notes	6	6
	Lsttings —Hall			18,068	9,314
	Lsttings —House			7,935	9,240
	General			0	0
	Investment			70
				26,073	18,600
EXPENDITURE
	Administrative			1,780	1,406
	Operations			22,635	5,886
	Staff			6473	3449
				30,888	10,741
SURPLUS/(DEFICIT)				(4,815)	7,859
Balance	at 1stJanuary			67,6325	59,766
Transfer	to PCC designated	fund		10,000	0
Balance	at 31stDecember	2022		52,810	67,625

FIXEDASSETS	Hall and	Land		210,000		210,000
CURRENT ASSETS	Cash and Bank Accounts		16,636		30,444
	Virgin Money s/c held by PCC		35,000		35,000
	Debtors	—Account Invoices	2,143		2,012
	Debtors	—Other	364		125
	Prepayments		1 533	55676	68975
TOTAL ASSETS				265,676		278,975
CURRENT LIABILITIES	Amounts	due within one year		(2,866)		(1,349)
NET ASSETS				262,810		277,626
LIABILITIES
Funds	General	Fund		52,810		67,626
	Properly			210,000		210,000
TOTAL LIABILITIES				262,810		277,626

	Church	Hall Notes
NOTES			2022	2022	2021	2021
			6	6	6	6
INCOME
Note I - Hall Lettings	Casual Users		476		105
	Regular Users		17592		9209
				18,068		9,314
Note 2 - House Lettings	House Rental		7935	7,935	9240	9,240
Note 3 —General	Miscellaneous
	Grants (Furlough)
Note 4 —Investment	Virgin Money Interest			70		46
TOTAL INCOME
EXPENDITURE
Note 5 —Administrative	Management fees		1,664		1,331
	Postage / Stationery		42		0
	Professional fees		75		75
	Sub-total			1 781		1 406
Note 6 —Operations	Certificates			348		394
	Cleanmg Matenals Furnishings			0		0
	Consumables			250		40
	Fabnc Boiler		216		180
			0		0
	Major Works		0		0
	Maintenance		85		615
	House		1,135		1,599
	House major	work	13047
				14,484		2,394
	Gardens			457		193
	Insurance			1,423		1,344
	Kitchen Items			349		0
	Minor Disburse +mobile phone			142		216
	Piano Tuning			0		0
	Window Cleaning			80		0
	Utilities - Electric			1,506		758
	Gas		3,579		1,264
	Less Gas recharge —house		-888		-466	798
	Gas - Subsidy	house	572	3264
	Water		824		480
	Less Water recharge	—house	-492	331	-731	(251)
	Sub-total			22 635		1 306
Note 7 —Cleaning
	Contractor			6,472		3,449

Name:	Parochial Church	Council ofthe Ecclesiastical	Council ofthe Ecclesiastical	Parish ofThornbury	Parish ofThornbury	Parish ofThornbury
Location:	St Mary's is located in Castle Street, adjacent to				the Castle on the edge		ofthe old town;
	St Paul's is in Hackett Lane, outside the town close to the areas ofrecent housing
	development.
Address for	Benefice Office
correspondence:	St Mary's Church
	Castle Street
	Thornbury
	Bristol BS351HQ
PCC Members:	Members who served during the year were		as follows:
	Revd Joy Ludlow	—priest-in-charge
	Monica Mullinex	—Lay Reader, ex officio
	Christine Dadd —Deanery Synod representative
	Mike Dennett —Deanery Synod representative			and Churchwarden
	Phil Jones —Deanery Synod representative
	Tim Swan - Deanery Synod Representative
	Robin Gupta —Churchwarden —vice-chair
	Jenny Ovens —Churchwarden
	John Beck
	Mandy Clapp
	Rosemary Cook
	Peter Craig
	Martin Davey
	Marie Holmes
	Denise Jones
	Lizzie Jones
	Mike Keavey
	Roxanne Powe
	Janet Shipp
	lyiick Spiller
	Andy Watson
	Gill young —treasurer
Status:	The Parochial Church Council ofthe ecclesiastical parish registered with the Charity Commissioners as registered					ofThornbury has been charity number 1137263
Independent	Ken Mitchell
examiner:
Bonkers:	National Westminster
	S North Walk,
	Yate
	Bristol
	BS374AG

				2021	2022
International
Church Mission Society				1,450	1,450
0ufumbo
USPG (United Society Partners			in the	1,450	1,450
Gospel)
Wycliffe Bible	Translators			725	725
Embrace				725	725
Sub Total				4,350	4,350
National
Children's Society				1,000	1,000
Children's Hospice South West				750	750
Church Army				1,100	1,100
Church Urban	Fund			1,100	1,100
A Roche				700	700
Sub Total				4,650	4,650
Local
See Hopkins Charitable		Trust Fund
Sub Total
Gloucestershire	Historic	Churches Trust		50	50
Unallocated
Grand Total:				9,050	9,050

				2019	2020	2021	2022
Hopscotch	Children's		Group Real	67.50		90.00	54.00
Advent Calendars
St Mary's	Primary	School Leavers Bibles		174.65	197.67	215.76
Christingle	Oranges/Sweets			67.91
Haven Memory Cafe			(at URC)	100.00		50.00	100.00
TCT New Start Debt			Advice (Thornbury	200.00	400.00	300.00	300.00
Baptist Church)
TCT North	Bristol	Foodbank in		100.00	300.00	355.84	469.66
Thornbury
St Peter's	Hospice	in	the Home	200.00	300.00	300.00	300.00
Thornbury	Memory		Cafe (at Methodist	100.00		50.00	100.00
Church)
St Mary's	Primary	School Trust Fund		266.54	117.19		150.00
		Total:		1,276.60	1,314.86	1,361.60	1,473.66