PCC OF THE PARISH OF HOLY TRFNITY. HEADINGTOh' QUIIRRY
Parochial Church Councll of the Parish of Holy Trinlty, Headlngton Quarry, Oxford
Reglstered Charfty No. 1138600
Trustees, Annual Re
ort for the
ear ended 31 De￿mber 2023

PCC OF THE PAIUSH OF HOLY TRJNtTY, HEAD￿GTON QUARRY
Introdurtion
The Parochlal Church Council IPCC) presents its Annual Report for the year ended 31 December 2023.
Reference and admlnlstrative Infonnation
The address of the church Is Trinity Road, Headington Quarry, Oxford OX3 8LH. The address of the Parish
Office 15 46 Quarry Road, Headington, Oxford OX3 8NU.
From 27 Ottober 2010 the organization has been entered in the Re8iSter of Charities ofthe Charity
Commi55ion,' the registration number is 1138600.
The trustees, members of the PCC, at the time of this report. were as follows:
Basis of appointment
The Rev. Laura Biron-scott, Vlcar
Ex officio
The Rev. Robert Gilbert, Associate Priest
Ex officio
The Rev, Ernily Hockliffe Essex
Ex officio
Mr5 Janet Masters, Churchwarden
Ex officlo
Mrs Margaret Taylor. Churchwarden
Ex officio
Ms Yue-yi Hwa
Deanery Synod rep., Ex officio
Dr Rajendra Patel
Deanery Synod rep., Ex officio
DrTom Crook
Deanery Synod rep., Ex officio
Mrs Janet Masters
Deanery Synod rep., Ex offitio
Mrs Monika Blackwell
Elected
Mrs Helen Dav
Elected
Mrs Joan Jones
Elected
Mrs Jan McLeod
Elected
Mr Nichola5 Rollin
Elected
Mr Dominlc Wickers
Eletted
Mrs Felicity Wallendszus, Secretary
Elected

PCC OF THE PARISH OF HOL Y TRtNITY. HEADtNGTON QUARRY
Mr Michael Wooldridge
Elerted
Mr Richard Stoneman, Treasurer
Elected
Mr5 Diana Harrison
Elected
Miss Frances Farrar
Elected
Mrs Andréa Taylor
Elected
During the year the following people resigned:
Dave Smith
Ex officio (warden)
Mark Poolman
Ex officio (deanery rep}
Janet Foot
Ex officio (deanery repl
Margaret Woodcock
Ex officio (deanery repl

PCC OF THE PARISH OF HOL Y TIUNITY, HEADINGTON QUARRY
5trurture
overnance and mana
ement
The PCC is a corporate body established bythe Church of England. Its governlng doojments are the
Parochial Church Council (Powers) Measure 1956 as amended and the Church Representation Rules.
The PCC is a registered charity; our registered number is 11386C(I.
PCC members are recruited in a number of ways. The clergy and churchwardens are members by virtue of
their office. Deanery synod representatives and members of the PCC are elected bythe annual parochial
church meetillg IAPCMI and hold office for three years with the option to continue for a second term of
three year5. Other members of the PCC are co-opted.
The PCC makes all decisions corporately except that the Standing Committee has delegated powers to make
decisions between PCC meetings subject to keeping the PCC informed as fully as necessary.
The PCC 15 responsible for all parish finance, its management and control. including the appointment of a
treasurer. Members of the PCC are responsible for keeping accountin8 records, which disclose with
reasonable accuracy the financial position of the PCC and which enable them to ascertain the financial
POSltion of the PCC and to ensure that the financial statements comply with the Charities Att 1993 and the
Statement of Recommended Practlce 2015. The PCC is also responsible for safeguardingthe charity's asset5
and hence for taking reasonable steps for the prevention and detettion of fraud and other irregularitie5. The
PCC is also required to ensure that the financial statements are examined by an independent examiner or
auditor prior to presentation to the APCM.
In preparing the financial statements, the PCC is required to-
Select suitable accounting policies and then apply them consistently
Makejudgements and estimates that are reasonable and prudent
Follow applicable accounting standards and Statements of recommended practice, subject to any
material departures disclosed and explained in the financial statements
Prepare the financial statements on the 80ing con￿rn bas15 unle55 it is inappropriate to presume
that the charity will remain in operation.
The Standing Committee consists of the Vicar, the Associate Priest, the curate. the two Churchwardens, the
Treasurer and the Secretary. It has power to transact the business of the PCC between PCC meetings.
reporting to the full PCC as appropriate.
The parish is part of the Cowley Deanery, which belongs to the Diocese of Oxford.
Ob
ectlve and activities
The objectives ofthe PCC are defined by the Parochial Church Council (Powers) Measure 1956 as 'to co-
operate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic,
social and ecumenical.

PCC OF THE PARISH OF HOLY TRtNrrY, HEADINGTON QUARRY
The PCC is committed to enabling as many people as p055ible to worship at our church and to become part
of the parish community at Holy Trinity. The PCC discusses the worship throughout the parish and considers
how services can involve the many groups that live within the parish.
When planning our activities forthe year, the Vicar and the PCC have considered the Charity Commission's
guidance on public benefit, and in particular. the specific 8uidance on charities for the advancement of
rellgion, We try to enable ordinary people to live out their faith as part of our parish communitythrough:
The provision of publlc worship that is open to all
The provision of sacred space for personal prayer and contemplation
The provision of pastoral work including the visitlng of the sick, the elderly and the
bereaved
The teaching of the Christian faith through sermons, children's meetings and Ilnks With
local schools
The promotion of Christian faith through various events for the elderly, parents and
toddlers and others
The support of other charitie5 involved in Christian outreach and development.
The provision of services forfunerals. weddings and baptisms and support for the
families involved,
As a church family and as individuals, Holy Trinitychurch aimsto be an open door between heaven and
earth, showin8 God's love to all.
The parish aims to give to other organisations involved in misslon in the UK and overseas or involved in
humanitarian relief and development work 5% of voluntary income each year.
The parish relies on the voluntary work of many people and the PCC very much appreciates their service to
the churches and the local community.

PCC OF THE PAIUSH OF HOLY TRtNITY, HEADINGTON QUARRY
Achlevements and erformance
WORSHIP. EDUCATION AND SPIRITUALITY
The PCC declared that 2023 would be our'yearto build,, and we are delighted that work on our long-awalted
church extension began this year. More generally, the parish has experienced a further period of stablllty and
recovery following the Covid-19 pandemic. It has been very good to welcome new members to our
worshipping community and to see our congregation grow in numbers and in faith. We have continued to
broadcast our main Sunday Servi￿ via Radio Cherwell. our local hospital radio station, which has provided an
opportunity for those in hospital or at home to join us for worship. Forest Sunday School took place regularlv
in the chvrchyard forest during the main Sunday service and provides an opportunity for younger children to
worship together in a friendly and inclusive format. Lent courses, home groups, and prayer gatherings took
place online and in person.
During 2023, 9 children and l adult were welcomed into the Christian faith through baptism. There were 3
marriage services, 9 funerals. and 6 burials of ashes. One marriage service took place at St Andrew's
Headington lowing to the disruption of the building workl.
Injanuary we wereveryglad to welcomeAndrew Patterson as ourlnterim organist, following RosieTweddle'5
departure atthe end of 2022.
In June our curate Revd Emily Hockliffe Essex was ordained to the Priesthood at the Unlverslty Church, and
celebrated her first Eucharist the following Sunday at Holy Trinity. We are blessed that Emily is servin8 her
curacy wlth us.
In October, construction work on our long-awaited church extension began, following an extensive perlod of
fundraising and preparation. The PCC engaged Kingerlee Ltd to carry out this exciting project and a contract
was signed over the summer. The Bishop of Oxford came to bless the new work in September, and a
celebration service to mark the completion of the project is planned in autumn 2024.
COMMUNITY ACTIVITIES AND PASTORAL CARE
We held a summer fete in July 2023 which was appreciated by many in our local community.
Our eco-church group ha5 continued to work to support our commitmentto the frfth mark of Anglican
mission: to safeguard the Integrity of creation and sustain and renew the life of the earth.
Our pastoral visiting team continues to provide practical and spiritual support to members of the
congregation who are sick or housebound.
In addition to our great many visitors from around the world. we were delighted to welcome local schools to
our church to learn about our connection with C.S. Lewis.

PCC OF THE PARtSH OF HOLY TRJNITY. HEADINGTON QUARRY
OUTREACH ACTIVITIES
We have four parish charities which we 5UPPOrt both financially and with practical support, two In the UK
and two overseas.
We also SUPPOrted a number of other charities. including.. Christian Ald, the Gatehouse and the Oxford
Community Foodbank.
FUTURE PLANS
We greatly look forward to the completion of our building project in autumn 2024, and the celebration of
rh
our church's 175 anniversary in November 2024.
We continue to look at how atcessible our activities are for families and children and to what extent
their pastoral and spiritual needs are being met. A working committee ha5 been set up to explore thls
further.
Flnanclal Review
2023 was a challenging year financially for Hoty Trinity. We budgeted a £7,5001oss on unrestricted funds in
order to maintain Parish Share at the 2022 level. In the event. the1055 on the year was nearly 50% higher at
£11,284.
Thi5 higher than anticipated loss on regular unrestricted funds was the result of a number of fattors.
Unrestricted income fell by around £13,500 to £89.164. with regular donations unexpectedly falling by over
£7,500 and charitable activitie5 more than £3,500 down on the previou5 year. Whilst regular donatior15 had
stabilised in the previous two years after several year5 of steady decline, the 2023 fall wa5 probably more a
result of the high level of giving for the church extension crowding out some regular giving. Similarly, the fall
in charitable activities was partly a result of building works starting in the autumn of 2023; income from
activities will continue to be constrained for much of 2024 until the church extension is completed.
Unrestricted expenditure also fell moderately by around £2,400 to £ILYJ.448. This modest fall masked some
significant changes under individual budget heads. Despite reducing the level of heating In the church, utility
bills trebled to more than £13,000 when our very favourable fixed price contract ended in late-2022. This
increase was significantly more than budgeted and a key contributor to the higher than expected105s on
unrestricted funds. There were some other 5i8nificant unbudgeted expenditures, such as on tree surgery,
that added to the loss.
Balanced against these expenditure increases were a number of Significant saving5, some planned and some
as a result of economies made during the year. The most significant were that PCC decided to delay the
appointment of a new music director until the extension is completed in 2024 and, later in 2023, to forgo
charitable donations for the year. The latter were partially replaced by some Benerous giving over Christrna5
in response to an appeal to the congregation: the PCC topped this up with donations in early 2024, resulting
in the headline reduction in charitable donations of nearly £5,000 being about half that amount. Finallvi
other expenditure: largely made up of repairs and maintenance to the church and of the upkeep of the

PCC OF THE PARISH OF HOLY TRtNITY, HEADIN GTON QUARRY
residential property it owns, was £ll,i)JO le5S than the exceptionally high levels noted in the church's 2022
annual report.
The 2023 loss on unrestrltted funds is clearly un5ustsinable. 2024 will be even more challenging financially
than 2023, with the building extension of the church fully underway and major capltal expenditures to be
made before the extension 15 completed in the second half of the year. Whllst some e55ential 5hort-term
economies were made in the budget for 2024, the need for a fundamental rebalancing of HTHQ finances has
become ever clearer.
PCC largely foresaw this need in 2022 when it commissioned Emeritus Professor Paul Hare to carry out
review of HTHQ finances with the objective of putting them on a Secure sustainable b35is into the longer
term. Professor Hare kindly carried out the work at no cost to the church and submitted hi5 report during
2023. The report was accepted by PCC, which subsequently decided to set up a Finance and Strategy Group
to develop proposals and an action plan to take forward the Hare Review.
The Group has been tasked to have it5 inttial proposals ready for implementatlon by the tlme the church
extension is completed in the second half of 2024. The immediate challenge is to find ways of increasing
HTHQ s income to a higher level to restore finances to breakeven whilst meeting HTHQ'S most important
objectives as well as its obllgatlons to the wider church community. The medium-term challenge wlll be to
develop new sources of Income and to strengthen existing ones to achieve sustainable funding of HTHQ'S
evolving mission.
At the same time, HTHQ needs to meet its additional obligations to complete the financing of the church
extension. Having raised around £500,OOOtowards the cost of the extension, PCC decided in 2023 to take
out a loan for the remaining £250,000 that was required so that the project could go ahead. Whilst an
appeal has raised sufficient funds to service the loan in the short-term, plans need to be put into place for
the repayment of the loan thereafter. Full repayment of the loan is required within 15 years.
During 2023, restricted income amounted to £171.821. made up of over £112,000 of donatlons for the
extension and for the servicing of the loan and of more than £53,CIJO in grants. wlth gift aid providing the
balance. The funds raised In 2023 were sufficient both to allow the extension project to be given the go
ahead and to justify PCCS decision to borrow the balance on a prudential basis. The extenslon project
started towards the end of 2023, with over £20,000 expended by the end of the year.
Drawing together the restricted and unrestricted funds, the church's overall surplu5 in 2023 wa5 £134,254
on total income of £260,985 ar)d total expenditure of £126,731.
The PCC paid the 2023 Parish Share allocation of £45,958 (compared to £44,550 in 20221 in full and on time.
Parish Share largely pays for clergy Stipend5, housing and trainin& and central C of E and dlocesan mission
activities.
Reserves Poli
It is PCC policy to maintain a balance of at least 3 months reserves cover.
It is PCC policy to invest fund balances with the CBF Church of England Deposit Fund.

PCC OF THE PARISH OF HOLY TRtNrrY, HEADINGTON QUARRY
The general fund reserve total balance on 31st December 2022 was £30,329, a decrease of £11.284 on the
year. Three month5 8eneral fund expenditure is estimated to be £30,000 and therefore the current level of
reserves is just sufficient. One specific objective of the newlyft)rmed PCC Finance Group will be to Identify
ways to restore the balance of the general fund reserve to earlier levels.
The financial statements were adopted by the PCC and signed on its behalf by:
The Rev. Laura Biron-scott,
Chair
7/sli+

PCC OF THE PARISH OF HOLY TRJNITY, HEADINGTON QUARRY
INDEPENDENT EXAMINER'S REPORTTO THE PCC OFTHE PARISH OF HOLYTRINrrY, HEADINGTON
QUARRY
FOR THE YEAR ENDED 31 DECEMBER 2023
I report on the gccounts of the CharFty for the year ended 31 December 2023. which ar8 set out in pages 10-18
below.
ResponsibS1ities and basis ol report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 2011 {"the Act.).
I report in respect of my examination of the Trust's accoLrntS Carried out under section 145 of the 2011
Act and in carrying out myexamination, I have followed allthe applicable Directions given bythe
Charity Commission undersection 145151{bl of the Act.
Independent examlner's statement
I have completed myexamination. I confirm th8t no materi81 matters have come to myattention In
connection with the examination which gives me cause to believe that in, any material respect..
the accounling records were not kept in accordance with section 130 ofthe Charities Act. or
the accounls di(i not accord with the accounting records: or
the accounts did not complywith the applicable requirements concerning the form and content
ofaccounts set out in the Charities (Accounts and Reports) Regulations 2008 otherlhan any
requirementthat the accounts give a'true and fair. viewwhich is not a matter considered as part
of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in orderto enable a proper understandingof the accounts to be
reached.
Svetlana Duncalf.
Examiner
Date...
Jo

[*) r
O O) VJ
ty) r¥
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* rri

PCC OF THE PAIUSH OF HOLY TRINITY. HEAD￿GTON QUARRY
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2023
2022
Notes
FIXEDASSETS
Tangible Assets
li
294.707
145,383
CURRENT ASSÉTS
Stock
Debtors
Cash at bank
655
21,754
I￿.005
1551
26,487
199,935
12
212,414
227,973
CREDfroRS: Amountsfalllng due ￿th1Th
one year
13
10,717
11,205
NET CURRENT ASSErs
201,697
216,768
ASSETS
496.404
362,151
FUNDS
INCOME FUNDS
Unrestricted Income funds
Restritted Income funds
14
15
348,589
I4?￿15
209,893
152,258
TOTAL INCOME FUNDS
496,404
362,151
Thesefinancial statementswere approved bythe members ofthe committee and authorised for issu8 on
OAlosl.'&M. and are signed on their behalf by:
.....l7kN . MARGp(QEf A.TAXi4JQ.
Trustee
12

PCC OF THE PARISH OF HOLY TRINITY, HEADINGTON QUARRY
NOTES TO THE ACCOUNTS
FOR THEYEAR ENDED 31 DECEMBER 2023
1. ORGANISATION STATUS
The PCC ofthe Parish of Holy Trinity, Headington Quarry is a charity. registered with the Charity
Commission in England and Wales. PlolyTrinity is part of the Church of England
2. ACCOUNTING POLICIES
The financial statements have been prepared in accordance with the Church Accounting
Regulations 2006 togetherwith applicable accounting standards and the charilies SORP 2015.
The financial statements have been prepared under the historical cost convention and include
all transactions. assets and liabilities for which the PCC is responsible in18w. They do not
include the accounts of church groups that owe their main affiliation to another body. northose
that are informal gatherings of church members.
Funds
Endowmentfunds are funds in which ihe capital must be mainlained. HolyTrinity pcc does
not have any such funds.
Designated funds are unrestricte(J funds that have been set aside by the PCC for a particular
purpose, and include the Binswood repairs and maintenance fund
Restricted funds may only be expended on the specific object for which they were given. this
inclu(les the Building f und.
Unrestrictedfunds are general funds which can be used for PCC ordinary purposes. These include
the Binswood fixed asset fund and the Generalfund.
Incomlng resources
Planlled giving. collections and donations are recognized when received. Tax refunds are
recognized when the incoming resource to which they relate is received. Grants and legacies are
accounted forwhen the PCC is legally entitled to the amounts due. All other income is recognized
when it is receivable. All incoming resources are accounted for gross and included in the SOFA.
Income from the rental of 20 Binswood Ave is recognised when the rental is due.
Resources 8xpend8d
Grants and donations are accounted forwhen paid overorwhen awarded. The diocesan parish
share is accounted for when due. All other expenditure isgenerally recognized when it is
incurred and is accounted for gross and is included in the SOFA. Expenditure is included on an
accruals basis.
13

PCC OF THE PARISH OF HOLY TRINrrY. HEADINGTON QUARRY
NOTES TOTHE Accoumrs
FOR THE YEAR ENDED 31 DECEMBER 2023
Flxed assets
Consecrated and benefice propety is not included in the accounts. For anythingacquired
prior to 2002 there is insuff icient cost information available and therefore such assets are not
valued in the financial statements. Equipment used within the church premises is depreciated
on a straight-line basis over four years. Individual items of equipment with a purchase price of
£1000 or less are written off when the asset is acquired. Freehold property, 20 Binswood
Avenue. is recorded at historic cost in the 8ccounts.
3. DONATIONSAND LEGACIES
Unreslrfrted
T¢)tal
Fund5
2023
. Unre$trl(ted
R•strltted
Total
Funds
2022
Donations
Lega¢ies
Gift Aid
Grants
61.874
112.159
174.033
70.514
23,595
ia,oJo
869
3,5
37.964
94,109
11,000
14,525
5,073
124.707
13,562
3.65D
79.086
6,388
53,274
171.821
19,95Q
56,924
250,907
13,656
1,573
86.743
4. CHARITABLE ACTIVITIES
Totsl
Fund5
Unrestrfcted
Restrlcted
Total
Funds
2022
2023
Fees for w8ddings and
funerals
FeleslEvents
Parish magazine sales
Payments for visiting Hoty
Trinity
3.567
3,567
5.676
S,676
1,891
517
411
411
1.709
1.709
1,647
40
1,687
5.687
5,687
9.214
557
9,771
The income from the fetes in 2023 has been included inthe Restricted building project donation
income.
5. OTHER TRADING ACTIVITIES
Unrestrfcted Restrlcted
Totsl
Funds
Fund5
2023
2022
CS Lewis
2,853
2,853
325
325
14

PCC OF THE PARISH OF HOLY TRINITY. HEADINGTON QUARRY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
6. OTHER INCOME
Unrestrlcted Restrlcted
Total
Funds
Total
Funds
Unre5trfcted Restr•¢ted
2023
2022
Rent received
Energy Feed in Tariff
Other
332
249
332
857
857
391
6,248
249
391
581
581
6,248
7. RAISING FUNDS
UnrestrFthd
Total
Funds
2023
Totsl
Funds
2022
C S Lewis purchas8s for
resale
Fundraising costs
1,165
1,165
3.120
3.120
3.120
4,285
50
1,165
50
50
8. EXPENDITURE ON CHARITABLE ACTIVITIES
Totsl
Fund5
2023
Total
Fund5
Unrèstrirted ReAd¢ted
Unrestrltt
Restrlrted
2022
Parish share
Church ljuilding
development
Charities Supported
Children and young people
Churchyard
Costs of church services
Depreciatr'on cost
Feles and other events
Governance costs
Office costs
Parish Administrator
Outreach
Accountancy costs
Running costs
45,958
45.958
44.550
44,550
10,555
10,555
4,533
4,533
5,000
284
348
9,433
8,921
72
240
5,222
6.803
152
269
4,321
3,621
656
135
240
152
284
348
9,433
656
72
240
5,222
6.803
4,321
3,691
8,921
135
240
70
8.265
8,265
3.038
7.275
7.275
4,696
8,080
13,232
201
4,696
9.155
13.233
201
2,794
8,206
3,958
3,442
8,206
3,958
1,075
Professional Fees
Education and Hentage
materials
776
776
828
828
TDtal charitable actlvitie5
96,120
23,(￿3
119,123
88,396
13,446
101,842
All the restricted fund expenditure related to the building project.
15

PCC OF THE PARISH OF HOLY TRtNrrY, HEADINGTON QUARRY
NOTES TOTHE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
9. STAFF COSTS AND EMOLLUMENTS
2023
Wa8es
7,275
7.275
11.946
11,946
At the end of 2023 the PCC employed one memberof staff, the parish administrator12022'
2 members of staff). The churchyard assistant is remunerated forseNices provided.
10. OTHER EXPENDITURE
Llnrestricted
Total
Funds
2023
Totsl
Funds
2022
Unrestrfrted
Restrlrted
Binswood upkeep
inswood management fees
Repairs and maintenance
401
401
4,577
495
4,577
495
9,333
14,405
2.762
3.163
160
2,922
3,323
9,333
14,405
160
11. FIXED ASSErs
Blnswood
Avenue
Build?ng
work
Fixtures
and
rttin8S
other
Equipment
Equipment
Total
cosr
At l January 2023
Disposals
Additions
At 31 TreceTnber 2023
85,C
69,864
1.968
6,393
163,225
158.245
158,245
158,245
321.470
85,OlX)
69,864
1,968
6,393
DEPRECIATION
At l January 2023
)isp05als
Charge forthe year
At 31 December 2023
13.972
1.312
2558
17,842
6.986
20,958
656
1,968
1,279
3,837
8,921
26,763
NET BOOK VALUE
At I January 2023
At 31 December 2D23
85,(hXJ
85.0(X)
55.892
48.906
3,835
2,556
145,383
294,707
158.245
Binswood Avenue is a freehold property and is included in the 8ccounts at its historic cost.
The worklo date on the building project has been capitalised. No depreciation has yet been
charged because the project is notyet complete. Depreciation will be charged from 2024 onwards.
16

PCC OF THE PARISH OF HOLY TRtNITY, HEADINGTON QUARRY
NOTES TO THE AcCou￿rS
FOR THE YEAR ENDED 31 DECEMBER 2023
12. DEBTORS
2023
2022
Otherdebtors
Glft Aid owlng
5,374
21.113
26,487
20.110
21,754
13.¢REDITORS
2022
Accruals
Othercreditors
2.051
IJ,205
10.717
11,205
14. UNRESTRICTED INCOME FUNDS
Balati
January
20
Cap￿1
expenthure
Bal at 31
December
Z023
Current y￿r
TransfÈr5
Genèral funds
Designated depreciatlon
fund
Binswood Property
Binswood repairs and
maintenance- de￿gnated
41,613
89,164
. IW,448
30,329
61,039
158,245
-8,265
211,019
85.OCKJ
85,0(X)
22,241
22,241
209.893
89.164
. I￿,448
158,245
- 8,265
348,589
Prlor year
Bal*iJan
2022
Balat31
De¢ 2022
In￿rne
ExpendFture
Transfers
General funds
Designated depreciation fund
Binswood Property
Blnswood repairs and
maintenance- deslBnated
41.848
69.304
97,698
- 97,933
41,613
61,039
85,000
- 8,265
22.159
-4.918
22,241
218,311
102,698
102,851
- 8.265
209,893
17

PCC OF THE PARISH OF HOLY TRINITY. HEADtNGTON QUARRY
NOTES TO THEACCOUNTS
FOR THEYEAR ENDED 31 DECEMBER 2023
15. RESTRICTED INCOME FUNDS
Balatl
January
2023
Bal at 31
December
2023
Current year
Income
Expendlture
ca￿ts1
expendrture
Transfer5
Solar Panols for Binswood
Proje¢t Fund
Restritted building fund
Statue repair
2(MJ
200
145,767
290
171,821
- 26.283
- 158.245
8.265
141,325
2XI |
Total fvnds
152.257
171.821
26,283
- 158,245
8,265
147,815
A designated fund has been created forthe future depreciation oftangible fixed assets. The
transter of £158.245 relates to the future depreciation which will be incurred as a result of the
capital expenditure to date on the build ing project. The other transfer £8.265 during the ye8r relates
to the depreciation of assets purchased during previous years.
Prloryear
Bal at l Jan
2022
Incon
Exppndltuwe
Bal at 31
Dec 2022
Trnn5fer&
Solar Panels for ￿nSW00d
Project Fund
Restricted building fund
Statue repalr
Tree work
2¢))
6,OC
145,767
290
112,427
29)
38,521
- 13.446
8,265
Total lunds
118.918
38.521
- 13.446
8,265
152,258
16.TRANSACTIONS WITH MEMBERS OFTHE PCC AND OTHER RELATED PARTIES
Helen Day, a member ofthe PCC, received a salarytotalling £7.27512022: £6,803) for her work as
parish administrator. Her 8ppointment as parish administrator preceded her appointment to the
pcc.
18