Thornbury Parochial Church Council 2023 Annual Report and Accounts Annual Report Legal and administrative Parish Legal and administrative information, including details ol the Parochlal Church Counckl Ipccl members who served durlng the year, is shown in Apppndix A. Aims and organisatlon The maln purpose of the PCC15 deflned in the Parochial Church Councils Ipowersl Measure 1956 a5 'to co-operate with the minister in promotirb8 Iri the parish the whole mission of the Church, pastoral, evan8ellstlc, social and ecumenlcal,. The PCC meets 10 tlmes In the year. Between these meetings buslne55 IS transacted by the Standing Committee. Other subcommittees and groups reportin8 to the PCC are shown in Appendix B. The revised electoral roll report Is to be presènted at the Annual Parochlal Church Meetlng IAPCMI. Servlces took place at both St Marvs and St Paul's. There was a varlety of serVI￿S, at different times, to cater for the dbfferent congre8atlons, and to allow for the avallablllty of ordained and lay mlnlsters. A regular pattern of worship has now been Introduced. Revlew of progress and achSevem¢nts The PCC met io tlmes over the calendar year, not countlng the APCM. Zoom was sometlme5 used for Standln8 Commlttee meetlng5. 2023 contlnued wlth the pattern of more normal servlces ènd artlvltles wlthin the parlsh, followlng the Covld 19 pandemic In 2020122. A regular pattern of worship was establlshed wlth the help of more of the retired prlests and the asslstance of Rev Sophla, a local NSM. Our Priest in charge, Reverend Joy Ludlow, carrled out much of the work In the beneflce on her own, aided by the retlred prSest5 who returned to asslst her. Unfortunately, lemma Synott, the benefice administratorlsecretarlal 5UPPOrt resigned, for personal reasons, at the be8SnnSng of the year. We were able to appolnt a replacement, Allce Keehn, who has settled well Into the role. We also appolnted LSzzle Jones to the new role of Llfe Events Co-ordinator. She Ss working very well wlth baptlsm, wedding and funeral famSlles. Our Director of Muslc continues to develop the cholr and, wlth a Small commlttee, has arranged the return of the music concert5 in 2024. Our planned giving did not return to pre-pandemic levels as some of our very generous regular glvers had passed away. However, as weddings, funerals, baptisms and special service5 resumed, alon8 wlth more visitors. the Sevel of fee income and donatlons was malntalned. The contactless machine is Blso being used more regularly. At St Marfs, the East w1ndow was removed for complete re-leading, for which we received grant from Gloucestershire Historic Churches Trust, a wall painting report was received, for whlch we received a grant from the Archbishop'5 Councll, and some smaller works were carrled out. The quinquennial work5 required at St Paul's were completed. and the works at St Mary's were substantially completed. Work began on the re.orderlng proposals for the back of St Mary's. Finally, we have had to bld a sad farewell to many of our church ¢ommunlty who contrlbuted to our Parish in so many ways. May they rest in peace. Legal and administratlve- Hall Legal and administrative informatlon, in¢ludlng details of the Mana8ln8 Trustees and the Hall Committee is in Appendix C. Aim5 and organisation The alms of St Mary's Church Hall Trust are contained in the Thornbury Church Institute Declaratlon of Trust Deed dated 30, March 1912. This established the Trust to provlde a Hall, Inter alSa, "for any eccles5astlcèl purpose or for the purpose of mission services, Sunday schools or meetings orfor any object or purpose having in vlew the splritU31, moral, soclal or intellertual wants, requlrements and welfare of professlng members of the Church of England. The Hall Trust places the faclllty in the absolute care of the Vicar and Churchwardens for the tlme belng In office. They have the power to appoSnt Trustees. The orlglnal Custodlan Trustee5 are all deceased and thls role has now been taken by n)e Gloucester Di0￿53N Trust. On 27 January 2004 the Vlcar and Churchwardens appolnted Thornbury PCC to manage the day-to.dav adminlstratlon of the H311. Thls Is undertaken vi3 the Chur¢h H311 Sub-¢ommittee of the PCC, whlch can Include, ex-officlo, the Vicar and Wardens. Annual Report on Accounts for 2023 (including the Church Hall) Review of Financial Activitie5 and Affalr5 The most significant feature of 2023, afferting the Accounts. was the recelvlng of substantial legacies from 2 of our longstanding and very generous members of St Mary's con8re8ation (Tom Blenkiron and Sue Hunter), which were not restricted in their use. These may be used to reorder the back of the church in 2024. This will improve the choir vestryi provide more storage, and have a signiticantly better servery area for socialisin8. We are truly fortunate in having generous and commltted congre8ations, who have malntalned thelr regular glvlng, whether uslng the Planned Glving Scheme or Standing Orders. We have also received details of a further legacy, received in 2024. In 2023, we had some film nlghts, Sunday lunches resumed and several concerts took place In St Mary'si providing extra income, Expendlture Increased overall, but some Increases were offset by savin8s in other areas, with the details provided in the notes. The East window was removed and completely re. leaded, lookin8 much brighter when the sun shines. Utillty bllls have started to increase, because the low fixed rate for the gas supply finished In November 2022, and the low electriclty rates finlshed In June and November 2023. We have now moved to Ecotri¢ityi a more sustalnable suppller, as part of our Eco Church endeavours. The Recelpts and Payments account shows a net surplus for the year of £108,421, whlch Includes the le8acles of £111,283. There was a small surplus on the General Fund of £5,061. The Restrlcted Funds show a small deflcit In the year. because of all the work done to the fabrlc of St Marls, but this was offset by an increase in the share valuation at the year end. The total funds have thus increased from £1,593,519 to £1,799,395. The Church Hall accounts also show a small deflclt as various improvements were required to the house. which is attached to the Hall. The Churchwarden5 contlnued to be very busy durlng this year, overseelng varlous works In both churches, more servlces, concerts etc. They a150 over5aW the complete releading of the East Window in St Mar¢s, for whlch we received a grant from the Gloucestershire Historic Churches Trust, and several smaller fabric repalrs, all funded by the Robin50n Trust. A Small patch of medieval painting was investigated by professlonals and is being preseNed. It was previously dlscovered that the ralsed floor area at the rear of the church was damp and rotting in places. Followlng dlscussions, plans have been agreed and this area will be reordered in 2024. Various Smaller works were also carried out. Trees were removed at St Paul's to be replaced by a fence. The works required from the quinquennial report were completed for St Paul's and much of the quinquennial work was done at St Mary's. We a150 had a parish weekend away, which was much enjoyed by all those who took part. Many thanks to all those who glve generously of their money, time and 5UPPOrt In so many different ways. Annual Report on Accounts for 2023 lincluding the Church Hall) Funds We operate 3 type5 of fund, The General Fund covers day to day income and expenditure and can be used for the whole Parish. The Desi8nated Fund is earmarked for major proSects, while the Restricted Funds are for specific expenditure using income raised or donated for such purposes, as detailed in the notes. We no longer have a 'Reserves fund Iwhat we used to think of 05 saving5"1, so we need to keep a surplu5 and operating balance on our General Fund, sufficient to cover a year of salarie5 or three to four months of out-goings or any emergency that might arise. For thi5 reason, we now keep balance of about £70k- £80k on the General Fund,1£79,632 at 31.12.231. General lunrestrlcted) Fund Income exceeded outgoings of this f und by £5,061, similar to thèt In 2022. Thls was after transferrlng £lll,000 of legacle5 to the designated fund. The notes to the accounts give a breakdown of flgures and costs for all the component5 that make up our Income and expenditure and where there Is a difference, which Is more than normal varlation or Inflation, a comment or explanatlon 15 given. Deslgnated Fund The Deslgnated Fund holds our reserve5, which are avallable to use on any projects wlthin the Parish. The Charity Commission require us to Identify possible works that wlll need doing in the near future. Durlng 2023, we used a small amount for Archltect and QS fee5 for the re-ordering project. As we do not yet know how much of the project can be charged agalnst the Roblnson Fund, we wlll maintain this higher balance for 2024 The balance on the fund is now £160,457, Current project5 to be funded in 2024 onwards are as follows: Back of St Marls re-ordering Fees: Architett's fees on above projects 150,000 The above flgures are estimates of cost only at this stage. Works will not begln until a contract prlce and schedule of worksls agreed. These items may chan8e if priorities change. Annual Report on Accounts for 2023 (includlng the Church Hall) Planned Giving and the Parish Giving Scheme The number of regular glvers (whether in the diocese scheme or by Standing Orderl has decreased from 152 at the end of 2019. to 110 at the end of 2023. We have therefore lost over a quarter of our regular givers over the last 4 years. This is exceptionally concerning a5 this income is what we rely on for our day-to-day expenditure. This is a matter that the PCC wlll need to address urgently. Thank you for your continued commitment to our ministry, and for reviewing or Increasing your giving. Thanks to Phil Jones for all his work in the role of Planned Givin8 Recorder, and we thonk Denise Jones for taking this over. Restrlcted Funds Bufumbo There was no Income on this fund during 2023. which Is for our Ilnk parlsh In Uganda. The fund includes 8 le8acy of £5,000 8iven In 2016 from the will of the late Dr lean Clark. We are Indebted to Fiona and Ken Mitchell, who work tirelessly to continue our active support of Bufumbo. They are working with the Missions Committee to decide how best to spend the balance IE8,548I. Full fund detalls appear In the notes to the accounts. Friends of St Mary's Re-ordering Fund There has been1Smlted movement on this fund since the completlon of the first stage of re-ordering- the west end In 2014. The small balance l£1,8941 on thls fund has now been used for the next phase of re-orderlng at the back St Mary's. Hopklns Restrlcted Fund The Hopkins Legacy 15 restricted by the will of the benefactor who left it "to the PCC of St Mary's and St Paul's Thornbury, to be applled both capital and income for such charitable or rell8ious purposes in the said parish as the PCC shall In Its absolute dlscretion thlnk fit" It now stands at almost £658K. It provide5 dividend income of approx. £14k per annum, IO% of which the PCC voted to be distributed in the parish as decided annually by the mi55ions committee. The remaining 90Y¢ Income is held in the Hopkins deposit account and funds other projects and building5 maintenance. The value of the shares increased by £47K. Our investment5 are admlnlstered by CCLA the Church of En8land investment managers. Full fund details appear in the notes to the accounts. Annual Report on Accounts for 2023 (Includlng the Church Hall) Robinson Restricted Fund The fund was opened in lune 2019, on recelpt of a legacy from the late Nesta Robinson. It is invested with CCLA, split between shares and a deposit fund. The year-end balance in the deposit fund was £90K, which will help pay for projects in 2024. The valuation of the shares Stood at almost £502K at 31.12.23. This fund is also restrlcted under the terms of the wlll, to be used for the fabric of St Mary's Church. Muslc Fund Thi5 fund holds money for the organist to use on musical matters and is funded by Income from choir fees for singing at weddings, and donations, mainly from the concert series, restarting in 2024. Full fund detai15 appear in the notes to the accounts. Bells Fund The Bells fund has been brought back into PCC accounts. It recelves monles from weddlng couple5, and payments are m3de from It to the ringers, as requlred. The current balance wlll be used for any small repalrs, as necessary. Chlldren and Youth Fund Thls will be spent on the chlldren and youth mlnistry in the parlsh, In accordance with pollcy to be devlsed and agreed with Revd Joy. Full detalls of the fund appear in the notes to the accounts. St Mary's Church Hall The Church Hall accounts form part of our church accounts. They occupy the fourth column of the receipts and payments account and the balance sheet Includes their details and share of investments. The Church Hall report 15 at the end of thls one and their notes appear in the Notes to the accounts". The Hall Committee, as a sub- committee of the PCC, maintaln and run the Church Hall and prepare the Hall accounts for InclL>slon at year end. Annual Report on Accounts for 2023 (including the Church Hall) Use of Funds The Charity Commlssion requires the PCC to comment on the size and use of retained funds. The General Fund covers the cost of our ministry, staff costs, Parlsh Share and routine up-keep of our buildings. The operating baSance we hold in that fund is around a third of our annual expenditure. Funds surplus to this are held in the Designated Fund. We have a Hall complex and two church building5 to maintain, one of which is Grade I listed and in constant need of speclallst attentlon, partlcularly regarding its masonry. The funds we hold are insufficient to cover all the things we would wish to do to bring all our buildings up to date. The Robinson legacy is for the fabric of St Marfs. The Faculty has now been received for reorderlng the back of St Mary's to Improve storage and expand the kitchen area. This will be paid for by the Robinson fund, the legacies in the Desi8nated Fund and the Hopklns Fund, If nece55ary. Financlal Rlsks The major risks can be 5ummor15ed a5 follow5., Fallln8 church membershlp. A large number of the congregatlon 15 over 65 and on a reduced income. Failure to maintain the numbers of people usiri8 the Planned Glvlng scheme. Only about half of those on the Electoral Aoll are regular glvers to church funds. About a thlrd of our re8ular income comes from just a few very generous donors and the1055 of just one of these would have a serlou5 Impact on our total income. Meeting the c05t of upkeep and re-orderSn8 of buildings. Large Parish Share. For the support of ministry in thls and other parlshes In the dlocese. Rlsing Staff Costs due to the need to ¢omply with employee legislatlon for both salary level and the work-place pension. The difficulty In findlng people with the skllls and the tlme available to take up role5 such as warden or treasurer. Bank Accounts Interest rates have increased during the year, but It Is difficult to find or open charlty accounts, so there is nothing to be gained from moving any of our bank accounts. We continue to bank wSth Natwest as the diocese has an agreement that all its churches get interest on their balances, although we do pay bank charges on both current accounts. We c105ed our Virgin Money saver account in 2023, a5 the local branch was closed and the interest rate was much les5 competitive. We transferred the monies to CCLA. We continue to keep the Coventry Charities saver atcount. £IOOK was transferred to the CCLA general shares fund from the unrestricted legacies received. The PCC wlll contlnue to safeguard the funds in the best way possible. Annual Report on Accounts for 2023 (including the Church Hall) Church Hall - Revlew of A¢tivitie5 during 2023 Review of Actlvltles during 2023 The signlfitant rise in energy costs coupled with high maintenance costs have continued to affect the overall performance of the hall in 2023. The number of regular hall users has remalned at 23 durlng the year. The local Kumon Study Group, which had been the main regular user for several years, closed at the end of October following the retirement of the 8roup leader. A new leader couldn't be found to run the group. A second Rainbows group started in January 2023. Major works carrled out durlng the year included electrical improvements in the hall and new carpets and the separation of 885 supply for the house, Major work currently planned for next year Includes the Installatlon of solar panels to benefit the hall and house electricity costs and, subject to a review of the cost, the Installation of a water main supply direct to the house. Revlew of flnanclal actlvltle5 and affalrs The aeeounts for the Church Hall are Included In the Notes to the Accounts. The key polnts are,. A net operatlng deficlt of É360 was recorded for the year. o Church Hall- Deflclt of £8,737 (Surplus of £3,818 In 20221 o House- Surplu5 of £8,377 IDefSclt of £8,634 In 20221 Annual income from hall lettlngs was £19,501, an increase of 8% over the prevlous year 13% from re8ul¥r users and the balance from casual booklngsl. Subsidie5 to hall user5 for the year through "charlty. discount5 amounted to £1,0171£991 In 20221. Dlscounts allowed to frequent hall users amounted to £3,4861£3,458 in 20221. The rental income frorn the house was 81% more than the previous year, followlng a full year'5 occupancy of the property during 2023. The rent payable by the new tenant remains at £1,200 per month. Energy costs increased by 82% durlng the year. This included £1,215180%1 extra for electricSty and £2,702182%1 extra for gas. Base hSre rates for 011 hall users were increased by £1 per hour in October to help cover the increased cost of gas and electrlclty. The Installatlon of addltlonal pipework to separate the hall and house gas supplie5 was completed at the cost of £356. Thi5 will allow the tenant to benefit from lower residential gas prlces. The major work in the hall covered £3,976 to renew the lighting in the small hall and £3,723 to replace the water heater and other electrical work in the kitchen. Annual Report on Accounts for 2023 (including the Church Hall) The annual cost of cleaning the hall by contractors increased by IOYO, malnly due to additional time being worked duriAB July and August tompared to 2022. The deposit of £35.000 held by the Parochlal Church Counc51 was transferred from Virgin Bank to the Church of England Deposlt Fund wlth CCLA Investments at the end of the year to benefit from a higher interest rate. The interest of £150 recelved on the Virgln dep051t durlng 2023 Included £21 In respect on the prevbous year. The CCLA deposit of £35,￿0 was originally earmarked for re5urfa¢ing the car park, and the Natwest Bank balan￿ of £17,254 for the replacement of hall equSpment and maintenance. However. some of these f*Jnds may now be diverted to the acqulsition of solar panels if funds cannot be obtained from other sources such a5 grants. Independent Examiners Report I report on the accounts of The Parochial Churth Countil of the Ecclesiastical Parish of Thornbury, Bristol, registered charity no. 1137265 for the year ended 31$r December, 2023 which are set out on the subsequent pages. Rèspèctlvè rÈsponsSbilltles of the trusteé and ÈxamlnÉr The charity's trustees are responsible for the preparation of the accounts. The charltvs trustees consider that an audit is not required for this year under section 144121 of the Charitle5 Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to= examine the account5 under sectlon 145 of the 2011 Act,. to follow the procedures lald down in the generdl Directions given by the Charlty Commlsslon under sectlon 14515llbl of the 2011 Act,. and to state whether particular matters have come to my attentlon. Ba515 ofthe Independent examSnerf5 report My examination was carried out in ac¢ordance with the 8eneral Directions given by the Charlty Commisslon. An examlnatlon Includes a review of the accountin8 records kept by the charlty and a comparlson of the accounts presented with those records. It also Includes conslderatlon of any unusual items or di5cIosures in the accounts, and seeking explanations from you as trustee5 concerning any such matters. The procedures undertaken do not provlde 051 the evidence that would be required in an audlt and consequently no oplnlon Is given as to whether the accounts present a 'true and fair view, and the report Is Ilmlted to those matters set out in the statement below, Independent examlnerfs statement In connectlon wSth my examination, no matter has come to my attention: 111 which give5 me Tea50nable cause to believe that in any materlal respect the requirements: to keep accountlng records In accordance wlth section 130 of the 2011 Act; and to prepare accounts which accord wlth the accountlng records and comply with the accounting requirements of the 2011 Act have not been met,. or 121 to whlch, In my opinlon, attentlon should be drawn in order to enable a proper understanding of the accounts to be reached. 1st May 2024 Kenneth Mitchell 19, David'5 Close Alveston Bristol BS35 3LR Thornbury Church. 1137265 Receipts and Payments Account For the perlod from 01 January 2023 to 31 Docember 2023 unr•¥irfcWd C*ur¢h Hail fund Tot41 funds pMoryeAr total funds funds Rer¢lpts natlonJ8ndlegados Incomefromcn4fiiabkg aciMU06 lrtveytmerts OlhBrlncorno 2J6,389 8,768 5,06S .804 263,293 41137 42.736 149.008 35.954 31.705 1.010 33.9)0 37.520 T4ts1 r•c•lpts 2TI,625 893 160,$70 217,076 P•ymgnts ExpOnd￿r4 thorNab]• Oth•rcxpDnd#ur• 155,346 218 7A34 4S,099 31,411 242.291 218 2D9,821 229 TOMI p•ym•nt• 7,434 45,D99 J4.411 242ADO 210.081 ext￿1 •1 r•¢•lpts ov•rpiym•nts b•fDr• Irin•l•r 1205 Ive,0$0 1,124 Gffj¥1tr￿i￿r* bI￿a•n fthidl. I Grc•i Ir4nsl•r• b•t4¥••n fundi- out Jfj,ODD 4011 1,939 103.591 V,624 9Q.J18 •7,485 N•tm¢¥•m•m In lund 11,¢00 103,061 205.010 R￿9￿¢111¥110n off¥nat¥ IxBO•• ol r•c•W ovoi p•ym•nts 4t boglnnlny of y•ii 67.631 212,110 1.713.897 XC•4A ¢1 r•e•1pkn ov•r piymtsnl* 11 •tyd tyfy•*r 19,632 1,298,4•0 262,460 1,799,036 1.693,51• R•pr•¥•nt•dby Vniaolrtct•d Gen•r4llund 79,832 e7.631 O•slgn&ted lund R￿l￿ed laO.457 1ts0,4S7 6,BO1 1.870 1,586 6.S48 27.753 1.894 $92,928 9.398 $67.W8 8uNJmb) ch1￿￿ andYouthWo¢rt Frl8ndBolSt MaVJR•ordifhi• Hopklns Rt51ikted R•Mr¥• 8.$4B 26.343 658.21e 5,723 55S,7 658.21e 5.733 595.790 Church Ha11 Nall Pioperty Ho11 d•¥vJn•tg¢ ¥K•w•8nd p4ywN 21Q.COO 52,450 210,OQO $2.450 210,LX)O 52,810 Ther• m•ybe minordls¢repan¢le8 In the totsls Mthe pence are nDfkelngshowA 05 March 2D24 1 Thornbury Church- 1137265 Balance Shewt detalled A$at 3111212023 A8at 3111212022 Flxod a$$¢ts kbpkins Reserve CBF C of E Investments 107.194 97,902 Hopkin8 General CBF C of E Inv88lm8nts $81rnon Curaie glft- CBF COE Inv Shares General Bequ88t Fund- CBF COE Inv $h4r Church H811 and Land 434.907 397.210 2,618 Z.867 114.548 7,B55 210,000 502.167 210,000 458,640 Robin80n CBF ICCLAI Invest￿nIS Totsl Flxod M801• 1.371,681 1,174,221 Currnnt48&0ts NHIWèsi Mumbor 1 &¢¢ounl 00.$08 75,006 NqtWw51 Number 3 pGGounl Chvr¢h Hall Bonk &V¢ 171S4 60,502 118,995 16,636 18.8e6 100,775 40,000 3S,000 SJ,895 CBF Gewal Purposes Depo811 Hopkln8 Re81rkl•d Deposll Vlrgln Mornoy S8vlngs AIG Cburch vir¢ln Monoy 8ovlno6 Al¢ Hall Coventry ¢horty dew$il ¢CL4 depodt fund WLL Roblnson Reelrlcled D8pos11 Accournts R8cdvabl8 38,480 35,CQO 90,205 1.568 67,404 1,743 100 Pro-pald Expendllvio Ater￿d Incom• 4,029 2.413 148 H•ll Nel D8btorn 4,040 Total Currenta•i•t• 437,284 431,613 Auenry collecllons Accrued *xp¢ndilJre Unpald pass Ihroughs Pre-￿￿ Fet$ 1,645 3.597 3,754 8.£68 598 2,002 2.Z18 2,731 2.866 Total Llabllltl 9,999 17.319 N8tAB8et 8urpluB Ideficitl 1.799,036 1,S93,619 There m•ybg ffl1nord1scry￿vle$ in the toials Ifth*per¥ee Iré not b8lnN SI￿￿n 06 M8rch 2024 Pao8 1 Asal 3111212023 A8at 3111212022 Resorvos Excess I Idèficlll 10 dalo Startlng balawes 01hergain￿{btsSÈ8I Galnsl(lossè$l on irnvestmenl assets 1D8,061 1,593,519 97.458 691.121 1,030.402 1128,0041 Total R080r¥g9 1,799,036 1.593,519 RÈproO•llted by Fund8 Unre51rioted 79,633 180,457 1,290,496 262.430 67.832 56.891 1.206,186 262.810 Designated R8slrlc18d Endowmerit Tot41 1,799,030 1,$93.619 Slgned by: Reverend Joy Ludlow Prlest In charge, Thornbury wlth St Paul'5 Parish Date.. 7 May 2024 Th*re may bo mlnordlscTrpaTrcles In the lotals illh?pen¢e are notbeinyshow oe March 2024 Pao¢ 2 Thornbury Chur¢h- 1137265 Receipts and Payments Account For the pèriod from 01 January 2023 to 31 December 2023 Notes to thè A¢¢ounts General Fund 2023 2022 2012 2022 Ggnoral Fund- Recelpts Voluntary 1￿COmE Planned 9￿1￿9 IMDle 181 98.sos 4.024 12,969 25,034 3.409 12.890 24.582 Donaliorns (Note 1¢) Gifi ald reclalmed on chaAIBb(e ol¥S GASDS. addlllon gift.ald on non¥lft 81ded over the yearifoole ldl InC0￿e forffowers and pholocopyiny, events (Note 1el recuTting and oneffjff (Note 1D unt&r 2nd Tom Blenklronl 1,284 1,040 2,66S 2.123 685 454 L8pacles (Su8 256.283 144,294 5.063 R•cèlpiÉ Irom Charitable Actl¥ltl•• Wtddings and Funerals (Note 281 Other lunds qeneraled (Nole 2bl 8,768 1.301 9.685 1,276 Total Roc•lpt8 Nole la Planned glvlng was 811ghlly Increased, COrnPBred to 2022, Tho numb¢rof glv¢rn I￿r the5rdone￿Oni have Incr8888d. Noie 1b C)IlÈtllon8 W8rè ltswèr Ih&n In 2022, 0$ p8opl& mov8 BW8y from c88h. Noie 1c Don811ons were slm11ar lo 2022. They Include monles roi$ed from Stsnday lunch8s, Fllrftclub. donallon$ from ¢r¢up8 usino Sl Mary's Church and monle8 fal8ed by Rev Tom on kn18 Rl¢Je and SIFide Note 1d Glft top-up on cash donallons has d8u8a8ed as col*lbn8. don8tlons and cpih tha cornla¢llo88 machlne we 811ohUy lowar. Flowers Income hJ6 InGreoiEd, from moreweddino¥ and donation8. although expondllurv also In¢r¢a$e 2023 GTBn15 Indude Ulllllles Wgrohov5e oDmm165lon, l¢)wn Gouncil 9rant for flood Ilghllng. VAT rthnd on wÈll 68f¢ bryl and 8 GIouc95ier Oloce¥e onergy gr¥ni. InveslmeDI Income h8& incieased Blgrnlficanlly 0$ snioroii rale$ wore ra180d durfno Ihg year. 2023 had 6 weddinp8. 2022 had 8 weddln9s, 2021 had 7 wedOSngs. 1 In 2020 141tt 2019, wllh 2 blesslnos. There were a slmilar numberof funeral$¢ompared to 2022, many held In church. rath&rth8n ju$1 at Iha c8m818ry or crematorium, uiving u$ rnorè incomè. Not¢ 2b Other fun41$ 9ertera￿d in¢lude Clerw fees to travel lo funeral8, and Oldbury's Jh•r¢ of the Offlce costs 4ple 1¢ Nolo If Note 19 Note 28 Pagt I M4y 9, 2024 Thornbury Church - 113726S Re¢eipt$ and Paymènts Ac¢ount For th• period frorn 01 January 2023 to 31 D•¢$mbgr 2023 Notes to the Accounts General Fund 2ty23 2023 2Q22 2Q22 G9noral Fund . payments Cost ofgeneraihw voluntary kncome Iuse ol contaelks8 machlnel 21B 229 chaitiab￿ Activthe¥ Church office costs Church flowers Chlldran's woik (Mole 31 Organ & plano lunln9 Cholr& rn￿8￿ Ch I (church Mag8tln81 (Note 41 Malnténan¢• Sl Mary's (Noie Sal Sl P8u1'5 INolg 5bl 3,706 1.779 4.086 1.847 1,202 127 600 6,131 5,107 876 222 4,338 5.228 4,091 7,579 e1B 5.172 658 741 15,809 64,740 Church Equipment (Note 81 Church Runnlng costs Sl M8ry'B ulilitses INole 71 1,818 876 5.804 621 744 18,880 89,000 Sl Mary s Insurance Sl Paul's Insurance Co81 ofupk88p o15•Nkes Lèy 8alarie6 (Noto al pa￿&h Share INole 91 Mln151ry C0515. Ind. vlcar's expenses, Ira%ikn9, 8ubscrfplion8 & 51c8nceB Fallh sh8dnp, events. couFse& & expon&8J (Nolo 101 Mi881on p￿In? lexcludlng HO￿1n6- now 8 18slrlcMd fund) 2,290 1,282 2,44 551 1S4,126 148.016 Gov¢rnin¢t, a￿dit le6,VAT r8da1m8ble. Afch118Ct' f885 1,430 3,808 Total Nol¢ 3 Note 4 Note S The cost for chlldren'B work Is comlng from the Chltdren end Youth Fund. Ch@t cos18 are •xpecied to return, as some hNrd cople5 are produod ollhouoh most are Issued on-Iln•. M8lnlon8nce- 15al Sl M&ry'6'.. Rèplace Ilmerfan. clock 8eNlce. fire exllrnwlsher¥ ID5peclk)n, Ilghtyilw conductorte8tlw, roof aLg rnonKoring, btrilvr$e￿I¢*, PATlesiino, minor q￿Inque￿￿alwo1K8. M VoDghl Ire 15bl Sl Pgul's., PAT ie51Ing, removol ollrse5, hpdge Gulling, lawn mower, fence. M VoDqhl I 2022 cos15 Included office ctympuier. Sl Paul's sho#, AU￿bry Ulilibe$ ¢osls ale higheras we are out offlx8d rate conliacls and ortto hlgher r8leB ¥Alh Ec01r*￿, a more sus1alm￿o 6upplter. Sal8Des werè hlghor a$ wa nèw PA 8nd a Llfa Events Co-ordlmlor. P8rfish Share relumed lo the h￿her level. Ilwll redvce og$in in 2024. able 10 rè-lntroducè morn socLql evenls In 2024 and a180 had a FlrslAld iraining eourne. Note 8 Nvte 7 Nole 8 Nole 9 NOiO 10 Page 2 May 9, 2024 Thornbury Chur¢h - 1137265 Roceipts and Payments Account For the perfod from 01 January 2023 to 31 December 2023 Notes to the Accounts Designated Fund FtMKI Gontslns surjiis InornIES de5ignale¢ lo payfDr agreed projects. In •ccordance wllh the FlnarKlal Report￿￿ Slandard 902 Statem¢n¢Qf R¢commÉndad Practke, we nrA)nu8r hold 8 reseNe5 rund. 2023 2023 21J22 2022 Receipts Total Rtcolpts Paymonts St M8rfs Qulnquennlal work8 (Note 11a) 7,434 Total Paymonts Brought foNard b818rrte Transferor Gener81 fund surplus 1¢ Do$1gn•t¢d Fw TrAn8f6rfrom Chur¢h Ho11 58.891 111.oc 46,891 10,000 BalAnc• carrl•d forward Itgms to bo fundgd 2024 onwards by funds h8ld In th8 d8slgnatsd balanc• INote 11bl Sl Mary. Re-ordering of rear of St MJry'8 Inot18brkl F8es-Aw¢ttll8cI% fees on above k￿leCt¥ 150,000 Nole 11a Thq68 ma￿Y dwfervrnt of work ca￿led oul by Cenlrdlne from the Qulnquennl81 In8p8cl10n. Not8 11b All118ms are e811m818d c0818 onw and may be hlgher than th8 funds 8¥8llable. If lttat is the Caso, wo havo the Hopklns deposll fund. St Mary'5 church r8qulre5 CON51onl re$ourGes for mpIntengn￿ fobrfc ypkeep, but we now have ltre Roblnson Tru81 fund locoverfabfjc works lo Sl Mary's. Pag¢ 3 May 9, 2024 Thornbury Church- 1137265 Receipts and Paymonts Account For the perlod from 01 January 2023 to 31 DoGgmb&r 2023 Nolgs to thg AGGounts Restricted Funds 2023 2023 2022 2022 Robinson Trust Rec•ipts Inleresl on deposll fund Divldends from 5trgr8s Grants r8celv8d IVAT r8lund8dl Grants recelved INol8121 4.010 13.728 5.849 1.OCM) 1.134 13M50 4.000 Total receipts 24.386 18,785 Payments Archilecl's fees W511 polnling conservalknn Porc* doors. palh relaying. M￿Oi1a1 plaque Chancelwlndow repalrs VAY r8dalrn&ble Ea51 Wnduw 12.788 1,272 1,729 1,629 10.575 7,685 1.627 810 2,200 21,100 Totsl Payments ExcesB olpaymenl8 overrDcelpts 14,8031 13.4S01 Fund8 V8lue olRoblnson sh8r&hohling blf InGieaselldecre•$&i in ¥4lue o18hèréholdlno 567.Cfj8 43,527 831,403 160,88L¥I 810,595 571,518 Balance carrled fotward Nole12 The oranl recelved In 2023 wal foTlhe medleval wall pa1nllng frDm Ihe Affjhbl$hop8 Coundl. Ne51a Robin$oN's left lund$ io be u$ed forlhe upkeep of lh8 fabdcof Sl. Mary'8. Tre fir81 pioIBslwo$10 Improvethe liphi*g throuohoul the Church. Th8 Improv8rn8DIs lo Ihe South enlrdnce, kncludlng Gl•$s doors were completed in 2022. wllh k memorfÈl aque Installed a￿1￿9 thanks lo Nesla Robln50n. for her oenerous ￿aCY to IheGhurch, 2023 Saw the iemoval and ￿p&IrS lolhe East windw. and the I￿ti81 de8*n works for thè major rn4orderfng 81 the back ofSI Mary's. Wh￿ WMI be ¢orW Lxrt in 2024. Pao8 4 MÉY 9, 2024 Thornbury Church- 1137265 Receipt5 and Payments Account For the perlod from 01 January 2023 to 31 December 2023 Notss to the Accounts Restricted Funds (continued) 2023 2023 202Z 2021 Hopkins Fund Income from Investments Dlvidevdsfrom Hopkins ReSt￿cle0 *veslmenl 10/a Dividend for Hopkins Di5bu15Ement (Nolp 131 Inl8re$i$ on HopklTrs rgstrfthgd ¢Jwo$kl 13.336 1,481 4,964 13.262 1,473 1,241 19,782 1S,977 Paymgnts Nopklns dlsbursem8nl 1.481 1,473 Subtotal 18,301 11.803 V)lue Of kbpkln$ fund blf ID8cr8aselllnueas? v8lu8 of8hareholdlno Yew4nd value oflund 392.928 644.152 Bo18nco ¢arrlod foThvard Th1$ fund *row from Ihe bequ8Ot of Ilx laie Francis Hopkins. Un(ler Ihetsffts of h18 VWII, ttcan bp ip•ni bythg PC¢ ¢151 ond St P8ul'8. ai IhelrtlbcreU¢n, wllhln Ihts parlsh ofThoinbury Not013 10% oflhe dividend Inwme from Hopklns knve61ments are de$bn#i6d for dl8bur8emenl on pro￿1• er ¢auM8 docldod by the Mlssion8 Commltt•e. Tolaldl¥ldend incoma on Ihls Inve81meTrt wa5 £14,817 givlrtp a flgur8 of £1,461 av81Kqblo f¢rdlsuibullon in 2023. DelN115 of Ihe dl8bur69rnqnl reGlplEnt8 are glven In Ihe'Mh51on Gfvlng 2023" Slalomenl. Appendlx D Bufumbo R•celpts Balènco tsrougm forward frorn188lyewr Balance Carrled forward FOSM Re-orderlng Fund Payments ArGhilecl'$ fe89 Balance carrled foThRrd 1,894 2,346 The balaTrGe ha$ rty bÉtrn ￿ed on the fèes fortho ro4r¢èrfng 8t regroflhe church. and ile fvnd 1$ now wound up. Page 5 May 9. 2024 Thombury Church - 1137265 Recelpts and Payments Account Forthe porlod from 01 January 2023 to 31 Dèc6mbor 2023 Notes to the Accounts Restricted Funds (continued) 2023 2023 2022 2022 Music Fund, including choir Recelpts DonaiiDn8 not Gill￿ded Olherfundts gtn&raled Fee5 forweddlnay Total Incom? 300 200 250 1S0 45 Payments MusiG ond half baby gland plano (Note 141 To181 ExpeThdiiurÈ 8ubtotsl 1123 1123 18731 450 Balanc• carried forward t4ot8 14 Hawef tha cojt of tho boby gr¥nd plano. and tho ¢o#tof ￿ cover. ume Irom Ihl% fund. Be118 Fund Recolpt8 Dono1i¢n$ Total Incomo rocefved 53 ss Subtotal Paymonts 55 M¥fnes Subtotal TAm*ltrr fromW¢ddlng¥ B•lanco brought low•rd Balancg carrl•d fop•vard 219 1596 254 2,013 Chlldren and Youth Work fund Recèipts OonalEon8 Tolal Recelpl& Paymgnts Matsri#l$ 8a1ance tiroughl forward Irom piioryear Balance carrled forward (Note 151 1,409 11,4091 27 567 15671 Note 15 As more famlllèswilh childrèn arèjoining in morts Services. Wev￿11 use this lo fund )tli¥rfies lor tmpm until such b-me a5 Ihe PCC decides on a lorvaer-temi plan. The58 acllvllles InGlude Dads and Klds and Muddy Prakse &8 well as b&pll$ms. Page 8 M8y 9, 2024 Thombury Church- 1137265 Recelpts and Payments Account Forthg perlod from 01 January 2023 to 31 December 2023 Notss to the Accounts Church Hall Not8S Accounts forthe yèar 2023 (Hall Fund, extracted from Thornbury Church Recei)ts and Payments Accounts) 2023 2022 INCOME Nots$ Letbno&- Hall LelUng5- House Gon8ral Inveslmernl 19.601 14.400 18,068 7,935 70 26,073 34,052 EXPENDITURE Alm￿1￿tra￿ve Operallons Staff 2.208 25,092 1.781 22,635 34,412 30.888 SURPLUSIIDEFICITI 13801 B#l8nce at 1stJanuary Tran81erto PCC de8ion81ed lund 62.810 87.626 110,000 62.450 62.810 Balance Sho•l as at 3111212023 (Hall fund, •xlracted I￿rn Thornbury Church Balanc• Sh8•tl FIXED AssÉrs Hall and Larx 210,000 210,000 ¢URRE14T ASSETS C$tsh ond Bank A¢¢oun Vlroln Money alc hekl by PCC Deblor6-Aecounl Invoke8 Oebior$- Other Prepayments 17,254 as.￿0 1.040 129 16,68e 35.000 2,143 TOTAL ASSETS 284,66B 265,576 CURRENT LIABILITIES Amount8 du• wilmln on8 year 12.2181 12.8861 NET A8SET8 262,450 262,810 LIABILITIES FuTrd6 General Fund Pioperty 52,450 210,000 52,810 21D.ODO TOTAL LIABILITIES 282,450 262,810 Pape 7 May 9, 2024 Thornbury Church- 1137265 Recelpts and Payments Account For the perlod from 01 January 2023 to 31 December 2023 Note8 to tho Accounts Church Hall Notes NOTES 2023 2023 2022 2022 INCOME Nole 1 Hall Lettlngs C8su&I Use Regularusers 1,286 476 19.501 18,068 Note 2- Hou59 L8lllng5 klous8 Ronlal 14.4CQ 7.935 Nole3- GenwBI Mlsc&lLgnK￿s Nole4- Inveslmornt Vfjr9ln Money Inl8r8sl 70 TOTAL INCOME EXPENDITVRE on8gernentfge$ Po6￿ge I Sl8Uon¢ry PrOfesS￿nal Sub.lo181 2,073 32 1,684 42 Note 6- OpBralknn8 cor￿[￿aleS Cl88nlng hhalerfal& Consum8bla8 1,258 348 250 FA￿10 B￿ler Fumlsfftlngs M8lorWorks Main￿nance Hou86 House m8iorwork 180 216 7.699 932 1,90e es 1.135 12.324 244 1,557 G•rden Insur8nc8 Klchen Il*m$ Mlnor 0ltsburBe Plano Tunlrno Wndow Cleanlng 457 1,423 349 142 442 80 1.506 2,721 G85 Les6 Gas rechaige- house 04s- $ubsic* house Water Les5 Water￿￿aNt- houae 5,938 -2Sg 287 846 453 6,986 572 824 3,284 392 Su￿10181 Nole 7- Cloanlng Siaff - c￿a￿er Contractor 6,472 3.449 TOTAL EXPENSES Page 8 May &, 2024 Missions: Global and Local Concern MISSIONS: GLOBALAND LOCAL CONCERN Missions Alloeation - Charitable Sharin 2021-23 2021 2022 2023 International (£} (£) (£) Church Mission Society 1,450 1,450 1,450 USPG (United Society Partners in the Gospel) 1,450 1,450 1,450 Wycliffe Bible Translators 725 725 725 Embrace The Middle r.ast 725 725 725 Sub Total 4,3SO 4,350 4,350 NatiOllY41 A Rocha UK 700 700 700 BSL Bible Translation Project Children's Society 1,000 1,000 1,000 Children's Hospice Soulh West 750 750 750 Church Anny I,ioo 1,100 I,ioo Church Urban Fund 1,450 1,450 1,450 Sub Total 4,650 4,650 4,650 Local see Ilopkins Charitable Trust Fund Sub Total Gloucestershire Historic Churches Trust 50 50 50 Unallocated Grand Total 9,050 9,050 9,050 Missions: Global and Local Concern Francis Ho kins Charitable Trust Fund 2023 2023 Hopscot¢h/Dads & Kids Children's Groups Real Easter Eggs 128.15 Haven Memory Caf¢ (at URC) 50.00 TCT New Start Debt Advic¢ (Thombury B¢lPtist Church) 300.00 TCT North Bristol Foodbank in Thombury 403.66 St Peter's Hospice in the Horne 300.00 Thornbury M¢mory Café (at Methodist Chuwh) 50.00 St Mary's Primary School Trust Fund 250.00 Total: 1,481.81 Appendix A- Legal and Administrative Information Nume.. Parochial Church Council of the Ecclesiastical Parish of Thornbury Locotion.. St Mary'5 is located in Castle Street. adjacent to th? Castle on the edge of the old ttswn,. St Paul'5 15 in Hlckett Lane. outside the town close to the areas of recent housing development. Addres5for corresportdence.. enefice Office St Mary's Church Castle Street Thornbury Bristol BS35 IHQ PCCMember5'. Mernbers who served during the ye8rwere as follows.. Revd Joy Ludlow- prlest.in-charge MonSca Mulllnex- L¥y Reader, ex offlcio Christine Dadd- Deanery Synod representative Mike Dennett. Deanery Synod representative and Churchwarden Phll Jones. Deanery Synod representatlve TIM Swan- Deanery Synod Representatlve Robln Gupta- Churchwarden- vltt