## Christ Church Portsdown 


Annual Report and Accounts 2022 




Christ Church Portsdown - Annual Report & Financial Statement 2022 

## **Ecclesiastical Parish of Christ Church, Portsdown Registered Charity No: 1137597** 

**Annual Report and Financial Statements For the year ended 31 December 2022** 

|**Index to Pages**|**Page**|
|---|---|
|Independent Examiner’s Report|3|
|Aims and Purposes, Objectives and Activities|4|
|Achievements and Performance|4 - 5|
|Structure, Governance and Management|5 - 9|
|Statement of Financial Activities|10|
|Balance Sheet|11|
|Notes to the accounts - including Accounting Policies & Funds|12 - 18|
|Detailed analysis of Mission Support|19|



**Page 2 of 19** 



Christ Church Portsdown - Annual Report & Financial Statement 2022 

## **Independent examiner’s report to the members/trustees of Christ Church, Portsdown Parochial Church Council.** 

I report on the accounts for the year ended 31 December 2022, which are set out on pages 4 to 19. 

## **Respective responsibilities of the Trustees and the Independent Examiner** 

As trustees of the charity, the members of the PCC are responsible for the preparation of the accounts. They consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an Independent examination is needed. It is my responsibility to 

- Examine the accounts under section 145 of the 2011 Act; 

- Follow procedures laid down in the general directions given by the Charity Commissioners section 145(5)(b) of the 2011 Act; and 

- State whether particular matters have come to my attention. 

## **Basis of Independent Examiners 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 management committee concerning any such matters.  The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts. 

## **Independent examiner’s statement** 

In connection with my examination, no matter has come to my attention: 

- 1) which gives me reasonable cause to believe that in any material respect the requirements 

   - to keep accounting records in accordance with s.130 of the 2011 Act; or 

   - to prepare accounts which accord with these accounting records have not been met; or 

- 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Signed…… _JWScott_ ……………………………….. 

Date……… _17/03/23_ …………….. 

Julia Scott 

JW Scott Accountancy and Book-Keeping Service 

**Page 3 of 19** 



Christ Church Portsdown - Annual Report & Financial Statement 2022 

## **AIMS AND PURPOSES** 

The Parochial Church Council of the Ecclesiastical parish of Christ Church Portsdown is registered as a charity with the Charity Commission and has the charity commission registration number 1137597. 

Christ Church Portsdown Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Reverend Andrew Wilson, in promoting in the ecclesiastical parish the whole mission of the Church, spiritual, pastoral, evangelistic, social and ecumenical to the benefit of individuals and society as a whole.  It provides facilities for public worship and community activities. The PCC is responsible for the maintenance and development of the church building (known as Christ Church) and the church hall (known as Christ Church Hall). 

## **OBJECTIVES AND ACTIVITIES** 

The PCC is committed to enabling as many people as possible to worship God at our church and to become part of the community at Christ Church. This involves providing a variety of services of worship and other activities to enable people to encounter God through worship and prayer, word and sacrament, expounding the teachings found in the Bible and providing pastoral care for those living in the parish. To facilitate this work, it is vital that the fabric of the church buildings is maintained and developed. 

## **ACHIEVEMENTS AND PERFORMANCE** 

## **Introduction** 

Christ Church Portsdown, consecrated in July 1874, is built in the early Norman style with a sixty foot tower.  Its construction is in Portland stone with flints taken from the chalk of Portsdown Hill and bedded in black mortar.  The building is situated on the northern boundary of Portsmouth, Cosham district, set back from the east side of the A3 London Road, just north of the crest of Portsdown Hill.  It stands in its own Churchyard surrounded by trees. Behind the Church, together with an extension to the Church burial grounds, is a Military Cemetery managed by the Commonwealth War Graves Commission. 

The Parish includes parts of Cosham and Widley: the latter being in the Borough of Havant, however all of Christ Church Parish is in the Diocese of Portsmouth. 

The Church address is Christ Church Portsdown, London Road, Cosham, Portsmouth, PO6 3NB. The Church website is www.christchurchportsdown.org. 

## **Overview of the Year** 

2022 began with a record high number of Covid-19 cases being declared following the emergence of the Omicron variant. Whilst church services were able to continue, the PCC chose to keep restrictions in place to protect vulnerable worshippers. Attendance grew but did not return to pre-Covid levels. 

It was agreed that the 8.00 Service should be held at St John’s from Easter Sunday, returning to Christ Church from the beginning of October. 

Work on the Church Hall floor was completed enabling the hall to be reopened re-establishing that income stream. A Lent Group took place in the hall, although small groups (homegroups) remained in abeyance. 

**Page 4 of 19** 



Christ Church Portsdown - Annual Report & Financial Statement 2022 

With increasing concern over the longevity of the gas boiler in the church, a working group was formed to look at an appropriate replacement, with due concern for environmental impact. 

The PCC was pleased to be able to pay the full amount of parish share requested by the Diocese of Portsmouth after two years of under-payment. A small over-payment was made to make some recompense for the previous under-payment. At the end of the year, a commitment was made to pay the full amount requested in 2023. 

During 2022 Revd Andy Wilson remained as Vicar of Christ Church and Priest-in-Charge of St John the Baptist Purbrook. Revd Matt Grove continued as Assistant Curate in both parishes. Additionally, in July the Revd Marcus Collie was appointed as Assistant Curate. 

The APCM was held in April. Stephen Anderson and Karina Golledge continued their vital ministry as churchwardens. The three assistant wardens appointed in 2018 continued with their roles, each leading in a particular area of responsibility. Although none holds the legal position of warden, their contribution has been invaluable. 

Antonia Harrison was appointed as Church Administrator for the parishes of Crookhorn, Portsdown and Purbrook. She is employed by Crookhorn Parish, with Portsdown PCC reimbursing Crookhorn PCC for 5 hrs/week of her time. 

The Queen’s Platinum Jubilee was marked with a children’s party in the church hall and a tea party at St John’s, as well as in Sunday services. The church also responded to the death of Her Majesty. 

Safeguarding remains a priority for the PCC with Ismay Doughty (Parish Safeguarding Officer) meeting frequently with the Vicar to review progress and reporting regularly to the PCC. 

Through the year the PCC continued to look towards merging the parishes of Portsdown and Purbrook. A number of shared meetings were held. 

## **Church Roll and Attendance** 

At the end of 2022 the Electoral Roll stood at 107 (104 in 2021) with 49 (49 in 2021) living within the parish and 58 (55 in 2021) living outside the parish boundaries. 

At the end of the year we estimated our worshipping community (those who attend services at least once per month unless prevented from doing so by circumstances such as illness) to be about 134 (136 in 2021). 

As Covid restrictions were lifted, the number of baptisms increased significantly. There were 10 baptisms in 2022 (3 in 2021), 6 weddings (5 in 2021). There were 6 funerals in church (7 in 2021) and a further 9 funerals taken by the parish clergy at a crematorium (8 in 2021). This latter figure does not include funerals taken by the clergy on behalf of the parish of Purbrook. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Clergy** 

The Revd Andrew Wilson has been Vicar of Christ Church since October 2007. He was co-licensed as Assistant Curate in the parish of Purbrook from September 2013 until January 2019, and then as Priest-incharge. He has also been licensed as Assistant Curate of the parish of Crookhorn since September 2013. 

The Revd Matthew Grove has been Assistant Curate to the parishes of Portsdown and Purbrook since July 2020. 

**Page 5 of 19** 



Christ Church Portsdown - Annual Report & Financial Statement 2022 

The Revd Marcus Collie has been Assistant Curate to the parishes of Portsdown and Purbrook since July 2022. 

The Revd Tyrone Hillary and the Revd Sandy Phillips have Bishop’s Permission to Officiate in the diocese. They are not members of the PCC. 

The Revd Janette Smith was licensed as Priest-in-charge of Crookhorn and Assistant Curate in the parishes of Portsdown and Purbrook in September 2019. 

## **Churchwardens** 

Mr Stephen Anderson and Mrs Karina Golledge served as churchwardens throughout 2022. They were supported by three Assistant Wardens, Mr Matthew Doe (with special responsibility for the church buildings), Mrs Sheila Gill (with special responsibility for the Spiritual life of the church) and Mrs Dee Humphris (with special responsibility for services). 

## **PCC Membership** 

The method of appointment of PCC members is set out in the Church Representation Rules.  All churchgoers are encouraged to register on the Church Electoral Roll and stand for election to the PCC as well as assist with other roles and duties within the Church. 

Governance follows Christian principles, Canon law, Church Representation Rules and guidelines laid out in the Charities’ Act 2011.  This report also conforms to the PCC guide to the Statement of Recommended Practice (SORP) 2005, Charity Commission reporting guidelines and Church Accounting Regulations 2006. 

Members of the PCC are either ex officio or elected at the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules. The following served as members of the PCC during 2022. 

EX OFFICIO MEMBERS Incumbent: _Representative on the Diocesan Synod, Deanery_ Revd Andrew Wilson (Chair) _Synod and PCC:_ Mr Andrew Minchin Assistant Curates: Revd Matthew Grove _Representative on the Deanery Synod and PCC:_ Revd Marcus Collie _(from July 2022)_ Mrs Tracey Harvey 

Assistant Curate (Cluster Clergy – non-attending): _Church_ w _ardens:_ Revd Janette Smith Mr Stephen Anderson _(Vice-chair)_ Mrs Karina Golledge 

**Page 6 of 19** 



Christ Church Portsdown - Annual Report & Financial Statement 2022 

## ELECTED MEMBERS 

Mrs Linda Banks _(until April 2022)_ Mrs Dee Humphris _(until April 2022)_ Mrs Karen Davies Mrs Pauline Metcalfe Mrs Ismay Doughty Mrs Elizabeth Mitchell Mr David Fowler _(until April 2022)_ Mr Graham Olway Mrs Ruth Fowler Mrs Judith Scott Mrs Sheila Gill Mrs Victoria Stephen ( _co-opted until April 2022, then elected)_ Mr Roy West _(until April 2022)_ 

## PCC OFFICERS 

(attend PCC meetings, but as non-voting members, unless otherwise elected or co-opted) Hon. Secretary:  Mrs Victoria Stephen Hon. Treasurer:  Mrs Jacqui Wilson 

At the April APCM there was only one nomination for four vacancies, so three vacancies remained unfilled. 

## **Sub-committees** 

The PCC operates the following committees that meet as required and report to the PCC 

Standing Committee: has the power to transact business of the PCC, subject to any direction given by the PCC. Chaired by the Vicar. Mission Support: advises the PCC on mission donations, liaison, prayer support and relief appeals. Chaired by the Vicar. 

## **Employees** 

From May 2022 a shared administrator for the parishes of Crookhorn, Portsdown and Purbrook was employed by Crookhorn PCC. Portsdown PCC reimburses Crookhorn PCC for 5 hours/week. 

A cleaner was employed for four hours/week to clean the church hall and the church building. 

## **Mission Support** 

Whilst still not reaching the generosity of pre-pandemic times, we were able to increase our charitable giving in 2022 compared to 2021. Our sister church St John’s Purbrook also continued to contribute, increasing the funds available to the missions. We also publicise the organisations we support and enable individuals to add to the PCC grants. Gifts were given at Harvest and Christmas for The Roberts Centre and All Saints Hostel. The church views mission and relief as of vital importance and longs to reflect that more in its giving. 

## **Communications** 

Internal communication is principally through the Sunday Notice Sheet produced weekly by the administrator and distributed via email. A church magazine ( _The Portsdown & Purbrook Post)_ edited by Ruth Fowler is produced each month. The church website (www.christchurchportsdown.org) was simplified and minimal maintenance carried out by Revd Marcus Collie. Volunteers’ time and contributors’ efforts continue to be essential in keeping open the main avenues of external communication and assisting to provide and promote the public face of the Church. 

**Page 7 of 19** 



Christ Church Portsdown - Annual Report & Financial Statement 2022 

## **PCC Business Review of the Year** 

The PCC met 9 times in the year. Average attendance was 72% (76% in 2020).Two meetings were shared with the PCC of St John the Baptist Purbook. These shared meetings are considered formal meetings of each individual PCC and, where necessary, items are voted on by only the relevant PCC members. 

## **Property Development and Maintenance – Church, Hall and Grounds** 

The PCC has agreed that the primary aim of the church building should be to provide a ‘sacred space’ where people, be they members of our church or not, can be aided as they seek to encounter the living God.  This aim is supported by the secondary aims of being a place where worshippers can enjoy fellowship with one another and where community focussed events can be held. A review carried out in 2010 concluded that the building was not fit for these purposes.  It was uncomfortable, cluttered and lacked basic facilities.  Therefore improvement was essential for the sake of the continuing proclamation of the Gospel in this parish. 

Since 2010 the following improvements have been achieved 

- Installation of high quality projection system 

- Installation of water supply and sewerage system 

- Lowering of north aisle floor 

- Construction of tea and coffee preparation area and flower preparation area 

- Installation of equipment to provide filter coffee 

- Creation of space for Prayer Ministry 

- Improvement of Children’s area 

- Improvement of storage in the tower 

- Converted nave lighting to LED 

- Construction of toilets in the existing porch 

- Construction of a new entrance 

- Replenishing gravel driveways and repair to the tarmac north drive 

Assistant Warden Matthew Doe, has continued to take the lead on building maintenance. 

Normal maintenance requirements for heating systems, electrics, fire and access have all been maintained and the PCC has sought to keep bills to a minimum. A contract for bi-annual cleaning of gutters and gullies was awarded to T Coleborn at the beginning of 2017. This removes the requirement for volunteers to access the church roof, other than via the tower (for changing the flag). 

The churchyard is maintained by a faithful team of volunteers (the Rusty Cutters). 

Further expenditure on the church heating is anticipated in the short to mid-term future. 

## **Risk Management & Health and Safety** 

Risk Management is a statutory requirement; Health and Safety regulations require all churchgoers, visitors or contractors to reduce and report any risks.  Equally any individual working with a group, such as Junior Church or Toddlers has responsibility for the safety of their meeting.   Formal risk assessments should be carried out for any new or different activity.  The Church and hall are subject to risk assessment, fire risk assessment, have first aid equipment, accident books, and have regularly serviced fire extinguishers and fire 

**Page 8 of 19** 



Christ Church Portsdown - Annual Report & Financial Statement 2022 

exit signs ensuring compliance with the regulations.  In this way the PCC ensures that its duty of care is fulfilled to the best of its abilities. 

## **Child & Vulnerable Adult Safeguarding** 

The PCC has approved Child and Vulnerable Adult Protection Policies. A copy of the documents is held by the Parish Administrator and is available for inspection.  Ismay Doughty was appointed as the Parish Safeguarding Officer in 2021. 

## **Treasurer’s Report** 

The church hall reopened fully in February 2022, enabling us to offer facilities to more regular groups and significantly increasing the income from hall lets and events. As an acknowledgement of the underpayment of previous Parish Share, the PCC voted to be generous in 2022 to the Diocese (also facing financial hardships) and overpaid the share asked of us slightly. Expenses also increased, not least utility bills for both buildings, and we were grateful to receive a grant from the Church of England of £1500 towards those costs. We hope income will continue to increase in 2023 (the hall rental rates were raised on 1[st] January), although we recognise the vulnerability of voluntary income because of stresses on individual church members’ finances. 

## **Reserves & Investment Policy** 

Following the building development work carried out in 2016, Christ Church has no long term reserves. There are some restricted funds (monies that have been given to Christ Church either recently or in the past for use for particular purposes) – these are detailed at Appendix 2 on page 17 but held in the general bank account. Ideally a cash reserve of one month’s Parish Share, when available, will be held. 

Endowment funds where only the interest is used for specific restricted purposes (Appendices 3 – 5, page 18) are held with the Church of England deposit scheme. Collectively the Church of England reserves are invested through CCLA Investment Management Ltd.  CCLA accords to the principles and ethical considerations of the Church of England Ethical Investment Advisory Group. Full details of the investment policy can be found on the Church of England website; http://www.churchofengland.org/media/1376254/statement%20of%20ethical%20investment%20policy%20no v%202011.pdf 

This Annual Report is approved by the PCC on 21[st] March 2023 and signed on its behalf by the Chairman: 

Signed_______ AMWilson_ ______________________________ 

Print    _____Rev A M Wilson_________________Vicar/Chair of PCC 

**Page 9 of 19** 



Christ Church Portsdown - Annual Report & Financial Statement 2022 

## **Statement of Financial Activities for Christ Church Portsdown on an Accrual Basis for the year ending 31 December 2022** 

|**Incoming Resources**<br>Voluntary income<br>Activities generating funds<br>Income from Investments<br>Income from Church activities<br>Other incoming resources<br>**Total Incoming Resources**<br>**Resources Expended**<br>Cost of generating income<br>Church Activities<br>Governance Costs<br>Building Development costs<br>**Total Resources Expended**<br>Net gains(losses) before other recognised<br>gains(losses)<br>Year end endowment fund valuation gains<br>**NET MOVEMENT IN FUNDS**<br> **Balances brought forward 1 Jan**<br> **Balances carried forward 31 Dec**|2022<br>Unrestricted<br>Restricted<br>Endowment<br>£<br>£<br>£<br>69518<br>3035<br>2885<br>21<br>49<br>16762<br>598<br>21695|Totals<br>2022<br>2021<br>£<br>72553<br>79563<br>2885<br>983<br>70<br>34<br>16762<br>4920<br>22293<br>24744|Totals<br>2022<br>2021<br>£<br>72553<br>79563<br>2885<br>983<br>70<br>34<br>16762<br>4920<br>22293<br>24744|
|---|---|---|---|
||**89763**<br>**24751**<br>**49**|**114563**|**110244**|
||2295<br>95078<br>22922<br>49<br>340<br>1968|2295<br>118049<br>340<br>1968|58<br>101060<br>378<br>1407|
||**97713**<br>**24890**<br>**49**|**122652**|**102903**|
||-7950<br>-139<br>-139|-8089<br>-139|7341<br>116|
||**-7950**<br>**-139**<br>**-139**|**-8228**|**7457**|
|||||
||399766<br>12424<br>4008|416198|408741|
||**391816**<br>**12285**<br>**3869**|**407970**|**416198**|



**Page 10 of 19** 



Christ Church Portsdown - Annual Report & Financial Statement 2022 

## **Balance Sheet at 31 December 2022** 

|**Fixed Assets**<br>Tangible (Hall site)<br>Investment (rent on Scout HQ)<br>Depreciating Assets (equipment)<br>**Total Fixed Assets**<br>**Tangible Assets**<br>Stock  (sales stock)<br>Debtors<br>Cash at bank and in hand<br>Investments<br>**Total Current Assets**<br>**Liabilities** <br>Creditors: due in 1 year<br>**Total Liabilities**<br> Current assets less current liabilities<br>**Total Assets**<br>**Church Funds**<br>Fixed Assets<br>Short term deposits less liabilities<br>Endowment<br>**Total Church Funds**|2022<br>Unrestricted Restricted Endowment<br>£<br>£<br>£<br>360000<br>25|Totals<br>2022<br>2021<br>£<br>360000<br>360000<br>25<br>25|Totals<br>2022<br>2021<br>£<br>360000<br>360000<br>25<br>25|
|---|---|---|---|
||**360025**<br>|**360025**|**360025**|
||200<br>4160<br>306<br>30370<br>14153<br>3869|200<br>4466<br>44523<br>3869|200<br>3863<br>51602<br>4008|
||**34730**<br>**14459**<br>**3869**|**53058**|**59673**|
||-2939<br>-2174|-5113|-3500|
||**-2939**<br>**-2174**|**-5113**|**-3500**|
||31791<br>12285<br>3869|47945|56173|
||**391816**<br>**12285**<br>**3869**|**407970**|**416198**|
||360025<br>31791<br>12285<br>3869|360025<br>44076<br>3869|360025<br>52165<br>4008|
||**391816**<br>**12285**<br>**3869**|**407970**|**416198**|



## **Approved by the Parochial Church Council on 21[st] March 2023 and signed on its behalf by:** 

Signed _________ AMWilson_ ______________________ Print                Rev A M Wilson                                Vicar/Chair of PCC Signed _______ JRWilson_ ________________________ Print    ______Mrs J R Wilson__________________ Honorary Treasurer 

The notes on pages 12 to 19 form part of this account 

**Page 11 of 19** 



Christ Church Portsdown - Annual Report & Financial Statement 2022 

## **Notes to the Financial Statement** 

## **Accounting Policies** 

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the SORP 2005 and Charity Commission requirements. The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, that are shown at market value on 31 December. 

## **Funds** 

**Endowment funds** are funds, the capital of which is maintained, giving income arising from investment of the endowment. This is used as funding for the purpose for which the endowment was established.  Christ Church has the following Endowment Funds: 

- Hawken Trust - with income paid to the Church Account by Direct Debit.  Income is to be used to purchase materials for educational materials or for bibles to be used at Christ Church. 

- Fielding Trust is a grave trust - with income paid to the Church Account by Direct Debit.  Charles Fielding set up the fund to assist maintaining the memorials on the grave of his wife and daughter. 

- SLA Benn Trust - also a grave trust with the income paid to the Church Account by Direct Debit.  Samuel Benn set up the fund to help maintain his wife’s grave and memorial together with grass cutting and trimming around the grave. 

## **Restricted funds** represent: 

- income from trusts, endowments or appeals which may be expended only on those purposes detailed in the terms of the trust, bequest or appeal. 

- donations or grants received for a specific object or invited by the PCC for a specific objective. These funds may only be expended on the specific purpose 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. Christ Church has the following Restricted Funds: 

- Memorial bench fund – gifts towards the proposed installation of a bench in the churchyard. 

- Lectern fund – representing the gift and associated tax reclaimed given by Rev and Mrs Hutchins to purchase a movable lectern for the church. 

- Building Development Fund – used to improve (rather than repair) the Church building and facilities. 

- Flower fund – cash held by the flower arranging team which is given for and spent on specifically the flowers in church. 

- Upkeep of churchyard – donations and grants received specifically to be used for the maintenance of the churchyard. 

- In addition, restricted funds are given during the year to Mission charities (see page 19) but are usually sent to the charities within a few weeks. 

**Designated funds** are funds that have come to the church unrestricted but that the PCC have decided to allocate to a particular use. This decision can be overturned by the PCC should the need arise. 

**Unrestricted funds** are general funds that can be used by the PCC for ordinary purposes. 

## **Incoming resources:** 

Dividends are accounted for when receivable.  All other income is recognised when received. Cheques should be made payable to **Christ Church Portsdown.** 

## **Resources expended:** 

Payments and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. All other expenditure is recognised when it is incurred, invoiced or is accounted for. Some specific events may be accounted for as net transactions (often fetes & fayres) when volunteers deduct costs from the income of the event. 

## **Investments** 

These are valued at market value at 31 Dec 2022 or an accrual adjustment made to 31 December annually. 

**Page 12 of 19** 



Christ Church Portsdown - Annual Report & Financial Statement 2022 

## **Debtors** 

The debtors figure of £4466 is comprised of: £3813 HMRC for the tax reclaim on Gift Aided donations made in the fourth quarter of 2022. £84 hall rental from 2022 usage received in 2023. 

£206 of fees for a cremation in 2022 received in 2023. 

£363 reconciliation from St John’s Purbrook for the fourth quarter or 2022 received in 2023 

## **Creditors** 

The creditors figure of £5113 is comprised of: £320 Independent Examiner’s fee. 

£100 of wedding deposits received for weddings in future years (returnable by law) £51 of hall rental received in 2022 but relating to events in 2023. 

£2248 of hall & church utility bills relating to usage in 2022 but paid in 2023. £151 of clergy expenses for December paid in 2023. £206 of fees collected to be paid over to the Diocese and retired clergy. £1968 of architect and builders fees for drive work done in 2022 paid in 2023. 

£69 of vicarage expenses for 2022 paid in 2023. 

## **Fixed assets** 

Consecrated and benefice property is not required to be included in the accounts by S.96(2)(a) of the Charities Act 1993. The PCC are the owners of Christ Church Hall and the surrounding land, the hall site valuation was carried out in late 2005 as part of the Parish Centre Project. Payment of a £25 annual peppercorn rent has been agreed in a lease with the Portsdown Scout and Guide Association. Any item which cost more than £1,000 is depreciated on a straight line basis over 4 years. 

## **Flower Arrangers sub account** 

Detailed transactions are recorded by the account holder in their own petty cash/records book and the overall income and expenditure is brought into the church account.  The petty cash book is examined by the honorary treasurer and independent examiner and have been accepted as fair and reasonable records. 

## **Wages and Honorariums** 

An analysis of payments to employees, all part time, are shown in Appendix 1. Together these employees equate to less than one full time equivalent employee (FTE). The Parish Administrator and Hall Cleaner are paid for their services but no payments were large enough to attract national insurance liability on their own. In line with HMRC regulations for Real Time reporting of salary payments, Christ Church is registered as an employer, any tax liability is paid to HMRC quarterly, and all payments to employees are reported monthly. Organists that play at Christ Church are selfemployed and therefore not Christ Church employees. Voluntary additional payments for the services of a Verger at weddings and funerals were all donated toward Church Funds. 

## **Declaration of payments** 

The following serving members of the PCC have received funds from the PCC during the financial year 2022: 

- Revd Andy Wilson and Revd Matt Grove have been paid expenses of office. 

- Apart from remuneration of purchase expenses against receipts no other member of the PCC or Church membership has received any unrecorded expenses or remuneration. 

- Cash payments are made by the Duty Warden to various organists for organ accompanied services. 

## **Mission Payments** 

An analysis of External Mission payments is shown on page 19.  Certain collections such as Christian Aid are nonaccount transactions and do not pass through the Church Account. 

**Page 13 of 19** 



## Christ Church Portsdown - Annual Report & Financial Statement 2022 

## **Incoming Resources** 

|<br>**Voluntary income from donors**<br>Bequests<br>Planned giving – envelopes<br>Standing orders<br>Parish Giving Scheme<br>Loose Collection<br>Gift Day<br>Tax reclaimed from HMRC<br>Mission Giving<br>Hall & Church Yard Donations<br>Flower Income<br>Other Donations<br>**Total Voluntary income**<br>**Activities generating funds**<br>Fund raising events<br>Tea and Coffee Income<br>Sales and printing<br>**Total Activities generating funds**<br>**Income from Investments**<br>Bank Interest and share profit<br>Income from Trusts<br>**Total Income from Investments**<br>**Income from Church activities**<br>Portsdown Post<br>Fees<br>Church Hall Rental Income<br>Church Rental income<br>Rent Scout & Guide HQ<br>**Total Income from operating**<br>**activities**<br>**Other Incoming resources**<br>Grants<br>Sale of old hall floorboards<br>**Total Other Income**<br>**Total Receipts**|2022<br>Unrestricted<br>Restricted<br>Endowmt<br>£<br>£<br>£<br>2322<br>7510<br>1050<br>28002<br>2990<br>12280<br>12053<br>298<br>210<br>539<br>155<br>964<br>3822<br>358|Totals<br>2022<br>2021<br>£<br>£<br>550<br>2322<br>2660<br>8560<br>8590<br>28002<br>27424<br>2990<br>1755<br>12280<br>20100<br>12351<br>14166<br>210<br>20<br>694<br>14<br>964<br>305<br>4180<br>3979|Totals<br>2022<br>2021<br>£<br>£<br>550<br>2322<br>2660<br>8560<br>8590<br>28002<br>27424<br>2990<br>1755<br>12280<br>20100<br>12351<br>14166<br>210<br>20<br>694<br>14<br>964<br>305<br>4180<br>3979|
|---|---|---|---|
||**69518**<br>**3035**|**72553**|**79563**|
||2456<br>349<br>80|2456<br>349<br>80|909<br>36<br>38|
||**2885**|**2885**|**983**|
||21<br>49|21<br>49|1<br>33|
||**21**<br>**49**|**70**|**34**|
||641<br>4544<br>11552<br>25|641<br>4544<br>11552<br>25|37<br>3093<br>1173<br>592<br>25|
||**16762**|**16762**|**4920**|
||598<br>21695|22293|23244<br>1500|
||**598**<br>**21695**|**22293**|**24744**|
||**89763**<br>**24751**<br>**49**|**114563**|**110244**|



**Page 14 of 19** 



## Christ Church Portsdown - Annual Report & Financial Statement 2022 

## **Resources Expended** 

|<br>**Cost of generating income**<br>Fund Raising events<br> Cost of grant<br>**Total Cost of generating inc.**<br>**Church Activities**<br>Church & Mission<br>Church running costs<br>Church and grounds repairs<br>Church Yard<br>Church Hall running costs<br>Church Hall repairs & decorate<br>Vicarage<br>Clergy & treasurer expenses<br>Wages<br>Mission-External<br>Mission-Parish<br>Administration & Support<br>Parish Share<br>Service & Junior church support<br>Church Office & Publishing<br>Broadband & web domain costs<br>Sundries<br>Tea and coffee expenses<br>Flower Costs<br>**Total Church Activities**<br>**Governance Costs**<br>PCC and Deanery expenses<br>Independent Examiners Fees<br>**Total Governance Costs**<br>**Building fund expenditure**<br>Drive project<br>**Total Building fund expend.**<br>**Total Resources Expended**|2022<br>Unrestricted<br>£<br>Restricted<br>£<br>Endowment<br>£<br>295<br>2000|Totals<br>2022<br>£<br>2021<br>£<br>295<br>58<br>2000|Totals<br>2022<br>£<br>2021<br>£<br>295<br>58<br>2000|
|---|---|---|---|
||**2295**|**2295**|**58**|
||7002<br>1500<br>1968<br>3398<br>320<br>30<br>7411<br>4668<br>20000<br>357<br>1199<br>3869<br>2700<br>210<br>14<br>60000<br>617<br>5<br>1094<br>355<br>440<br>892|8502<br>1968<br>3748<br>7411<br>24668<br>357<br>1199<br>3869<br>2910<br>14<br>60000<br>622<br>1094<br>355<br>440<br>892|6642<br>112<br>3421<br>35192<br>385<br>849<br>3906<br>2120<br>126<br>46424<br>589<br>474<br>324<br>150<br>105<br>241|
||**95078**<br>**22922**<br>**49**|**118049**|**101060**|
||20<br>320|20<br>320|78<br>300|
||**340**|**340**|**378**|
||1968|1968|1407|
||**1968**|**1968**|**1407**|
||**97713**<br>**24890**<br>**49**|**122652**|**102903**|



**Page 15 of 19** 



Christ Church Portsdown - Annual Report & Financial Statement 2022 

## **Assets and Liabilities** 

|**Assets and Liabilities**||||
|---|---|---|---|
|**Fixed Assets**<br>**Tangible Assets**<br>Church hall<br>Peppercorn Rent Scout & Guide<br>**Tangible Assets at 31**<br>**December**<br>**Investment Assets**<br>Endowment Trusts<br>Market value 1 Jan<br>Revaluation Gain/(Losses)<br>**Investment Assets at 31**<br>**December**|2022<br>Unrestricted<br>Restricted<br>Endowment<br>£<br>£<br>£<br>360000<br>25|Totals<br>2022<br>2021<br>£<br>£<br>360000<br>360000<br>25<br>25||
||**360025**|**360025**|**360025**|
||4008<br>-139|4008<br>-139|3892<br>116|
||**3869**|**3869**|**4008**|
|**Current Assets**||||
|Stock (Traidcraft stall)|200<br>4160<br>306<br>180<br>357<br>30190<br>969<br>3152<br>9675|200<br>4466<br>180<br>357<br>31159<br>3152<br>9675|200<br>3863<br>180<br>285<br>19001<br>1837<br>30299|
|Debtors||||
|**Cash at Bank and in hand**||||
|General Cash account||||
|Flower Arrangers cash||||
|Current Account||||
|Building Fund account||||
|Building Reserve account||||
|||||
|**Current Assets at 31**<br>**December**|**34730**<br>**14459**|**49189**|**55665**|
||-2939<br>-2174|-5113|-3500|
|**Liabilities**||||
|Creditors: falling due in 1 year||||
|||||
|**Current Liabilities at 31**<br>**December**|**-2939**<br>**-2174**|**-5113**|**-3500**|



**Page 16 of 19** 



## Christ Church Portsdown - Annual Report & Financial Statement 2022 

## **Funds** 

|**Analysis of Fixed Assets**<br>**Tangible Fixed Assets**<br>**Total of Tangible Assets**<br>**Analysis of Net Assets (by**<br>**funds)**<br>**Endowment Assets**<br>**Current Assets**<br>**Liabilities**<br>**Total of Net Assets**<br>**Totals**|2022<br>Unrestricted<br>Restricted<br>Endowment<br>£<br>£<br>£<br>360025|Totals<br>2022<br>2021<br>£<br>£<br>360025<br>360025|Totals<br>2022<br>2021<br>£<br>£<br>360025<br>360025|
|---|---|---|---|
||**360025**|**360025**|**360025**|
||3869<br>34730<br>14459<br>-2939<br>-2174|3869<br>49189<br>-5113|4008<br>55665<br>-3500|
||**31791**<br>**12285**<br>**3869**|**47945**|**56173**|
||**391816**<br>**12285**<br>**3869**|**407970**|**416198**|



## **Appendices** 

## **Appendix 1 - Analysis of Wages and Honorariums** 

|Church Hall Cleaner<br>Organist (Carol service)<br>Parish Administrator *<br>Verger<br>**Totals**|2022<br>£<br>2076<br>60<br>1733<br>-|2021<br>£<br>1893<br>40<br>1973<br>-|
|---|---|---|
||**3869**|**3906**|



*Parish Administrator employed by Church of the Good Shepherd, Crookhorn 

## **Appendix 2 - Apportionment Restricted Funds** 

|**Restricted Funds**<br>Lectern<br>Flower Account<br>Upkeep of churchyard<br>Memorial Bench<br>Building Development Fund<br>**Total**|Movements in the year|Movements in the year|Totals at year end<br>2022<br>2021<br>£<br>£<br>813<br>813<br>357<br>285<br>0<br>125<br>191<br>0<br>10924<br>11201|Totals at year end<br>2022<br>2021<br>£<br>£<br>813<br>813<br>357<br>285<br>0<br>125<br>191<br>0<br>10924<br>11201|
|---|---|---|---|---|
||Income<br>£<br>-<br>964<br>195<br>191<br>1691|Expenditure<br>£<br>-<br>892<br>320<br>0<br>1968|||
||**3041**|**3180**|**12285**|**12424**|



**Page 17 of 19** 



Christ Church Portsdown - Annual Report & Financial Statement 2022 

## **Appendix 3 - Fielding Endowment Trust Fund** 

|**Fund value 31 December**<br>**Share Value on 31 Dec - 99 Shares**<br>2022 Transactions<br>Interest receipts<br>Maintenance of Fielding grave/graveyard<br>**Fund Share Holding & value 31**<br>**December**|2022<br>Share<br>Value<br>Receipts<br>Expend<br>£<br>£<br>£<br>135<br>4<br>-4|Totals<br>2022<br>2021<br>£<br>£<br>135<br>156<br>4<br>4<br>-4<br>-4|Totals<br>2022<br>2021<br>£<br>£<br>135<br>156<br>4<br>4<br>-4<br>-4|
|---|---|---|---|
||**135**<br>**4**<br>**-4**|**135**|**156**|



## **Appendix 4 - Benn Endowment Trust Fund** 

|**Fund value 31 December**<br>**Share Value on 31 Dec  – 43 Shares**<br>2022 Transactions<br>Interest receipts<br>Maintenance of Benn grave/graveyard<br>**Fund Share Holding & value 31**<br>**December**|2022<br>Share<br>Holding<br>Receipts<br>Expend<br>£<br>£<br>£<br>888<br>26<br>-26|Totals<br>2022<br>2021<br>£<br>£<br>888<br>1006<br>26<br>26<br>-26<br>-26|Totals<br>2022<br>2021<br>£<br>£<br>888<br>1006<br>26<br>26<br>-26<br>-26|
|---|---|---|---|
||**888**<br>**26**<br>**-26**|**888**|**1006**|



## **Appendix 5 - Hawken Endowment Trust CBF Deposit Fund** 

|**Fund value 31st December**<br>2022 Transactions<br>Interest receipts<br>Expenditure on education<br>**Total Holding at 31 December fixed**<br>**at £2846**<br>**Fund Value & Interest to c/a  31**<br>**December**|2022<br>Deposit<br>Fund<br>Interest<br>Expend<br>£<br>£<br>£<br>2846<br>19<br>-19|Totals<br>2022<br>2021<br>£<br>£<br>2846<br>2846<br>19<br>3<br>-19<br>-3|Totals<br>2022<br>2021<br>£<br>£<br>2846<br>2846<br>19<br>3<br>-19<br>-3|
|---|---|---|---|
||**2846**<br>**19**<br>**-19**|**2846**|**2846**|



**Page 18 of 19** 



## Christ Church Mission Payments 2022 

|Mission<br>Portsmouth School Pastors<br>Church Mission Society<br>Tearfund<br>MAF<br>Christian Aid<br>Bike Pilgrimage<br>Mission to Seafarers<br>Bible Society<br>Church Army<br>Alabare<br>Simeon's Trustees<br>Children's Society<br>Bev Richardson (CMS)<br>Hants Historic Churches<br>National Churches Trust<br>**Totals**|Month<br>January<br>February<br>March<br>April<br>May<br>June<br>July<br>August<br>September<br>October<br>November<br>December|PCC Grant<br>£200.00<br>£200.00<br>£200.00<br>£200.00<br>£200.00<br>£200.00<br>£200.00<br>£200.00<br>£200.00<br>£200.00<br>£200.00<br>£200.00<br>£200.00<br>£50.00<br>£50.00<br>**£2,700.00**|Restricted funds<br>collected<br>£177.00<br>£33.00<br>**£210.00**|Paid out<br>Date paid<br>£200.00<br>25/03/2022<br>£200.00<br>25/03/2022<br>£200.00<br>25/03/2022<br>£200.00<br>10/05/2022<br>£200.00<br>07/06/2022<br>£200.00<br>12/07/2022<br>£200.00<br>03/08/2022<br>£200.00<br>02/09/2022<br>£200.00<br>04/10/2022<br>£377.00<br>02/11/2022<br>£200.00<br>09/12/2022<br>£233.00<br>30/12/2022<br>£200.00<br>25/03/2022<br>£50.00<br>25/11/2022<br>£50.00<br>25/11/2022<br>**£2,910.00**|Chq No.<br>BACS<br>BACS<br>BACS<br>BACS<br>3558<br>3559<br>3560<br>BACS<br>3561<br>BACS<br>BACS<br>BACS<br>BACS<br>S/O<br>S/O|
|---|---|---|---|---|---|
|||||||



Monetary gifts that did not go through the Church Accounts: 

Christian Aid May (cake sale £169.67, envelopes £235.02) £404.69 Hants & Island Historic Churches November Ride & Stride £185.00 Children's Society December Christingle collection £250.53 **Total £840.22 Grand total  £3,750.22** 

We also support Traidcraft through church stall, plus gifts of food, clothes, toys etc to: 

The Robert's Centre, All Saints Hostel, Stop Domestic Abuse, Portsmouth Family Welfare, Southampton Seafarer's Centre, Waterlooville food bank 

**Page 19 of 19**