The Parochial Church Council of the
Ecclesiastical Parish of Aldridge,
Diocese of Lichfield
St. Mary the Virgin - Parish Church
St. Thomas, Church
st. Mary's Mission Tynings Lane
Report and Accounts
for the year ended
31st December 2023
Charity Registration Number 1139511

Parochial Church Council of the Ecclesiastical Parish of Aldridge
Diocese of Lichfield
14 The Green, Aldridge. Walsall WS9 8NH
The Annual Re
ort for 2023
Minis
Team Durin
2023
Rector Revd Steve Doel
Revd David Sims
Revd Jon Morley
Trustses - Members of the Parochial Church Councll
pcc
Mr l Anderson Mr lan Baldwin Mr N Beck (Retied Apr 23) Mrs H Boume (Retired Apr 23)
Mr J Chalmers (Lay Reader) Mr M Chapman (Appointed Apr 23) Mr D Clayton (Warden)
Mrs G Davis Mr A Dickson (Warden) Rev S Doel {Rector) Dr C Flenley (Warden)
Miss H Ford Mrs J Ford {Retired Apr 23) Mr P Ford (Appointed Apr 231 Mrs S Grundy
(Warden) Mrs E Gra￿ {Retired Apr 23) Mrs A Harrison Mr S Harrison {Lay Reader)
Dr J Lee (Warden) Mrs A Luik {Warden, Appointed Apr 23) Mrs K Mason Rev J Morky
Ms S Parker Mrs J Peel (Appointed Apr 23) Mrs Kathleen Robinson Rev D Sims
Mr C Stanford (Warden) Ms Louise Tompkinson (Retired Apr 23) Mr I Wlkes (Appointed
Apr 23) Mr P Young (Treasurer)
The PCC comprises: Clergy, Churchwardens. Deanery Synod Representatives and elected
members from each of the three churches within the Anglican Parish of Aldridge. Elected
members serve for a period of up to three years. All ¢hurth attendees are encouraged to
register on the Electoral Roll and stand for elections to thè PCC. The Parochial Church
Council is a corporate body established by the Church of England. The PCC operates under
the Parochial Church Council Powers Measure. The PCC is registered with the Charity
Commission. registration number 1139511.
Secretary and Administrator.. Andrea Potter. Treasurer: Phil Young
Bankers
Aldridge Parish Church & Tynings Lane Church- Lloyds Bank
St Thomas Church - National Westminster Bank
Back
The Anglican Parish of Aldridge comprises three Churches, Aldridge Parish Church {St. Mary
the Virgin } situated on The Green in the centre of Afdridge, St. Thomas, Church situated in
St Thomas Close and St Mary's Mission in Tynings Lane. Revd Steve Doel, Rector, is
based at the Parish Church, The Revd David Sims is the minister based at St Thomas,
Church and Revd Jon Morley is the Curate.
The PCC comprises representatives of all three Churches and meets to discuss parish-wide
matters, to re￿1ve reports from the th￿e district committees and to debate wider issues.
They are the Trustees of the Parish finances. Each Church has its own district committee
which meets regularly throughout the year and which is free to set up appropriate $ulF
commtttees to carry out the day to day work of each worship ￿ntre.

Structts￿ Governance and Mana
ement
The method of appointment of the PCC members ts set out in a scheme adopted by the
Annual Parochial Church Meeting on 291h April 2019. The PCC is made up of: clergy who are
licensed to the Parish., all persons who have been elected to service on the General Synod,
Ihe Lichfield Diocèsan Synod, and the Walsall Deanery Synod,. all persons who have been
elected to seprfe as Church Warden at the three churches in the parish,. a number of lay
representatives who have been elected to serve on the area committees, as delegated by
those committees. Elections to the area committees are carried OLrt in accordan￿ with the
Church Representation Rules. All church attendees are encouraged to register on the
Electoral Roll and stand for &lection to one of the area committees.
ectives and A tivities
The purpose of the Charity as stated in the goveming documents is to Coaoperate wrlh the
incumbent in promoting in the ecclesiastical parish the whole mission of the church, pastoral,
evangelisti¢ and ecumenical and to provide public benefit through the provision of free
regular publi¢ worship open to all. In addition to this we provide grants and gifts to support
the wider mission of the church beyond Aldridge, to benefit people in this country and
overseas.
How our activities dellver
ublic benefft and who has benefitted
The principal gathering points of the church are our Sunday services which provide public
benefit as they are open to all who wish to attend. We have continued to offer web-based
access to ¢hur¢h services post-pandemic for those who wi8h to continue to shield or cannot
easily attend a physical servi￿. As ￿￿11 as our regular weekly Servi￿$, we enable our
communty to celebrate and thank God at the milestones of the joumey through life through
baptism and wedding Servi￿8, and to mourn and reflect at funeral services and memorial
services. The annual Remembrance Service involved representatives from arAoss the
community as we remembered those who have served and given their lives for us.
The weekly activities are varied and cover a whole range of different areas. The following
provides a brief summary of some of the events that took place during 2023.
1. Worship teams and other music211singing activities in support of Sunday services.
2. Wednesday Worship. a mid-y￿ek seNice led mainly by lay members of the
congregation.
3. Alpha courses and other meetings and events which helped people to understand
the Christian faith.
4. Small groups meeting on-line together for fellowship, prayer arKI bible stLKIy.
5. Working wtth toddlers, children, young peop￿, unrformed groups and studènts in
groups and ¢lubs throughout the week.
6. Supporting senior members of our community through groups whiGh meet regularly in
the church buildings in our parish.
7. Healing on the Streets
a tearn from the Church praying for healing for local people.
8. The Marriage Preparation Course, providing support for Couples preparing for
marriage.
All of these activities are dependent on the many volunteers who lead and give of their time
to enable all areas of the Church to function. Whilst we employ both full and part-time staff
and we have bNo clergypersons appointed to the Church, we would not be able to function in
the way we do without the input of all of our volunteers. The scale of the work of the charity
is greatly enhanced by the input of all the members of the Church.
The PCC and staff regularly review the activities of the church looking at the success of each
key activity, assessing the benefits to those attending and planning future adivities

accordingly. The success criterion is asking does this activity help, support, encourage and
build up people in their lives and faith. We have rele￿ed to the guidance contained in the
Charity Commission's general guidano on public benefrt when reviewing our aims and
objectives and in planning future adivities.
Flnancial Review
Leve15 of voluntary income dedined in 2023 by £14,016 to £342,282 though it should t
noted that 2022's income was bolstered by a £19,000 legacy received. Other incoming
resources were largely flat, year on year, leading to an overall reduction in income of
£16,243.
Inflationary p￿ssureS have impacted expenditure levels, whlch inlxeased by £22,594 to
£550.507.
Taken together this has meant that an overall surplus of £5,209 In 2022 became a deficit of
£33,628 in 2023. General reserves of £167,717 provide us with a reasonable financial
cushion, although decreased regular giving levels continue to impacl our financial planning.
Incoming Resour￿5
Unrestricted direct giving decreased by £23,646, moving from £335,929 to £312,283.
The splil of giving across the three churches changed a little compared to 2022, with
600A contributed by APC12022 55%), 31 % by St Thomas's (2022 350h) and gQh from
Tynings Lane Church (2022 100A).
Direct giving for restricted purposes in¢reased during the year by £9,630 from
£20,369 to £29,999. Amounts are given eaGh year at Tynings Lane in fespect of the
Children's Worker and House, with amounts given at APC and St Thomas for various
appeals as the need arises.
Income from events and a¢tivitles increased by £908 from £87,849 to £88,757. This
level of expenditure reflects the broad range of activities that are undertaken on a
regular basis across the parish. Pre-school groups generated the bulk of this income,
£46,377 (£51,110 in 2022).
Grant income (restricted and unrestricted) decreased by £3,877 from £53.335 to
£49,458. £41,650 of grant in¢ome was received from the Cooper and Jordan Trust to
support various lay workars across the parish and the trustees remain extrernely
grateful for the trust's financial support. Other grant income in 2022 included a
£4,000 Covid-related grant.
Trading income de¢reased by £1,492 from £29,539 to £28,047. A substantial
proportion of this income is generated by hires of th8 church ontre building, wilh
smaller amounts generated from Ihe hire of St Thomas and Tynings Lane church
buildings.
The net effect of these and other changes was a de¢￿ase in total incoming
resources of £16,243, from £533,122 to £516,879.
Resour￿8 Expended
Expenditure on grants for mission decreased by £12,850 from £47,171 to £34,321,
split into unrestricted grants of £31,990 and restricted grants of £2,331. It is the
intention of the three churches to allocate at least 10% of the prior yearfs unreslricted
direct giving for mission purposes in ac¢ordanGe with the objectives of the ¢harity.
Grants were made to both local and international organizations, with each local
church council deciding on its own allocation of funds.
Lay ministry costs increa*d by £7,626 from £107,176 to £114,802. This increase
was due to cost of living increases- staffing levels remained unchanged between
2022 and 2023.
Costs directly relating to the work of the church increased by £25.013 from £250.494
to £275,507 an increase of 10%. Parish Ministry Costs fell by £5,313 during the

second year of the new Common Fund calculation of these costs. Repair costs
continued to be quite low, coming in at £30,209 compared with £19,130 in 2022. The
increase in energy costs impacted the parish, with light and heat costs increasing
from £26,067 in 2022 to £34,307 in 2023.
Expenditure on everrts and adivities increased from £78,637 to £87,514 reflecting
the wide range of activities offered by the parish.
Church Administration is a wide-ranging expense category, including administrative
staff costs, printing and stationery, telephone, intemet and photocopying costs.
These costs amounted to £32,073, an increase of £1,213 compared with 2022's
expenditure of £30,860, mainly due to salary increases for paid admin workers.
There wefe no changes in administrative stsffing levels during the year.
Trading costs of £146 (2022 - £514) were costs of catering and related Costs
associated with room hires at the Parish Church.
Expenditure for the whole parish was £550,507 in total, £22,594 (4.30kn) rnore Ihan
2022's expenditure of £527,913. Expenditure was £31,908 more than the total
incoming resources of £518,599. Unrestricted activities incurred a defi¢it of £22,473
with a deficit of £9,435 being incurred from restricted activities.
The level of unrestricted reserves at £167,717 represents 34% of unrestricted
resources expended durin9 the year (see comment on reserves policy below)
Balance Sheet
The fixed assets balan￿ reduced by £24,653 to £1,003,672, being the deprecialion
charge for the year for the church centre. The church onlre is held within restricted
a¢counts.
Debtors increased from £21,827 to £23.404. £21,875 of the year*nd 2023 balan
was the HMRC Gift Aid debtor (2022, £20,009)
Cash balances de¢reased from £227,097 to £222,948. The closing cash and bank
balan￿ is more than sufficient to cover commitments owing from restricted funds
received.
Creditor5 inGreased from £26,244 to £32,647.
Public Benefrt
The Trustees of the Charity are aware of the Charity Commission's guidance on public
benefit in The Advancement of Religion for Public Benefit and have regard to it in the
administration of the Charity. The twstees believe that, by Exomoling the work of the Church
of England in the Ecclesiaslical Parish of Aldrtdge it helps to promote the whole mission of
the church (pastoral, evangelical, social and eGumeniGal) more effectively. within the
Ecdesiastical Parish, and that in doing so it provides a benefit to the public by..
Providing facilities for publi¢ worship, pastoral care and spiritual, moral and
intellectual development, both for its members and for anyone who wishes to benefil
from what the Church offers, and
Promoting Christian values and Servi￿ by members of the Church in and to their
communtties, to the benefit of individuals and society as a whole
Risk Mana
ement
The trustees acknowledge that they are r8spon$ible for risk management and revtew the
major risks, both financial and non-financial. to which the Church Council is exposed in the
course of its Gurrent activities. Risks are assessed to ensure that appropriate systems and
controls exist to minimize intemal risks and that effective response mechanisms exist to

respond to and minimiz& the impart of external rssks. A working party has been establlshed
across the three worship ￿ntreS to formulate policy for the Church Council and which
ensures that appropriate rtsk assessments are carried out on a regular and systematic basis
The operation of three separate ¢hur¢hes, each with its own district committee, financial
System and delegated powers, increases the likelihood of low impact events, but lessens the
likelihood of high impact events. Most identified risks are likely to affect only one of the three
worship centres. giving a degree of resilience that would otherniise not be p0$5ible. Finance
risks are managed by budgets and regular financial reviews with appropriate intemal control
Pro￿dureS in place. Operational risk is managed in a variety of ways, for example by
utilising appropriate insurance policies, examining atternative meeting venues etc.
Legal and statutory requirements are reviewed on a regular basis, and ¢omprehensive Child
and Vulnerable Adult Protection Policies are in place.
Trustees, Res
onsibilities
The trustees are responsible for preparing the Trustees, Annual Report and the financial
statement5 in accordan￿ with applicable law and United Kingdom Ac¢ounting Standards
(United Kingdom Generally Accepted A¢¢ounting Practi￿).
The law applicable to ¢haritie5 in England & Wales requires the trustees to prepare financial
statements for each financial year which give a true and fair view of the stste of affairs of the
charity and of the incoming resources and application of resources of the char51y for that
period. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistentty,.
observe the methods and principles in the Charities SORP 2019 (FRS 102)",
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards have been followed, subj'ect to any
material departures disdosed and explained in the financial statements;
prepare the financial statements on the going conom basis unless it is
inappropriate to presurne that the charity will continue in operation.
The trustees are responsible for keeping proper 8¢¢ounting records that disclose with
reasonable accuracy at any time the financial position of the charity and enable them to
ensure that the financial statements comply with the Charities Act 2011, the Charity
{A¢counts and Reports) Regulations 2008 and the provision5 of the governing documeT7t.
Thèy arè also responsible for safeguarding the assets of the charity and hen￿ for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
Volunteers
In temis of the number of hours spent on preparing for and running church activities, the
majority of effort comes from volunteers. The work of the church could not be sustained
without the contribution made by volunteers in all aspects of its minislry, from holding church
servI￿s, to children's and youth work, pastoral work, maintenance of the church bulldings,
operation of the church ￿ntre, govemance and management of the church.
The apFJointment of volunteers has due regard to safe recruitment processes, particularly
where the work involves working with children or vulnerable adults. This will include, where
appropriate, having a fonnal job description, being interviewed with references taken up, and
the completion of DBS checks.
Reserves Poli
It is not the policy of the PCC to maintain a minimum balance on unrestricted reseNes other
than to cover short-temi needs. The unrestricted reserves at the year-end of £167,717 would

allow for a period of continued op8ration of around 4 months in the event of an emergen
situation. Because of its commitment to international mission together with outreach work
within the local community, the PCC Gonsiders that any resources generated in addition to
those forecast in its budget would most likely be spent in the current year rather than carried
forward. The balance of £1,049,660 in ￿Stricted fvnds includes £1,003,672 held in respect
of the Church Centre building at the Parish Church. These reserves will decrease over a
period of 50 years as the building cost is amortised through the SOFA.
On behalf of the PCC
Rev Steve Doel (Chair)
15th September 2024

Independent Examiner's Report to the Trustees of The Parochial Church Council of Aldridge
I report to the charity trustees on my examination of the accounts of the charity for the year ended
31 December 2023 which are set out on pages 8 to 15.
Responsibilities and basis of 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 respeGI of my examination of the charlty's accounts carried out under section 145 of the
Act and in carrying out my examination I have followed all the applicable Dir8Ctions given by the
Charity Cornmission under section 145(5){b) of the Act.
Independent examiner's statement
sin￿ the charity's gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the Act. l Gonfirm thal l am qualified to undertake the examination because I
a member of Institute of Chartered Accountants in England and Wales which is one of the listed
bodies.
I have completed my examination. I confirm that no material matters have come to my attention in
connection wÉth the examination giving me cause to believe that in any material respect..
accounting records were nol kept in respect of the charity as required by section 130 of the Act.,
or
2. the accounts do not accord with those records,. or
3. the accounts do not comply with the applicable requirements concerning the form and content
of accounts set out in the Charilies (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair view. which is not a rnatter considered as
part of an independent examination.
I have no concerns and have come acros5 no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Richard Smallwood
Chartered Accountant
20 Birmingham Road
Walsall
West Midlands
WS12LT

PAROCHIAL CH
RCH
OUNCI
OF ALDRI
SUMMARY OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDEO 31ST DECEMBER
23
Unrestricted
Restricte
unds
TOTAL
FUNDS
TOTAL
FUNDS
31112122
Incomin
Resou
Voluntary Income
Direct Giving
Grants Received
Events & Aclivrties
Activities for Generating Funds
Other Ordinary Income
Trading Income
Investment Income
28
2b
312,283
38,058
88.757
114
3,609
28,047
1,567
29.999
11.400
342.282
49,458
88,7S7
114
4.892
28.047
1.649
356.298
53.335
87.849
1.375
4,544
29.539
182
2c
1,283
2d
2e
82
472,435
516.879
533,122
Resources Ex
Grants for Mission
Lay Ministry
Support Costs
Costs directly relating to
the work of the chufch
Events and Activilies
Tynings House
Governance Costs
Church Management
and Administration
Trading Costs
Costs of Generating Funds
ed
31,990
98,156
490
2,331
16.646
34.321
114.802
47,171
107,176
1,797
3b
3d
3e
243.129
87,224
32,378
290
2.234
275.507
87.514
2.234
3AOO
250.494
78.637
6,940
3,300
3g
3,400
3h
32,073
146
20
32,073
30.860
514
1,024
496.628
53.879
550,507
527,913
Net movement in funds
-24,193
-9.435
43,628
5,209
Opening Balance
190,627
1,060,378
1351,005
1,245,796
Transfer Between Fund5
1,283
.1,283
Closing Balance
167,717
1.049.660
1217,377
1.251,005
All income and expenditure derive from Cont￿￿1ng activities

PAR
HIAL CHURCH COUNCIL OF ALDRIDGE
NCE SHEET AT 31ST DECEMBER 202
31ST DECEMBER 2023
31ST DECEMBER 2022
Flxed Ass
Fixed Assets
1,003,672
1,028,325
1.003.672
1.028,325
Current Assets
Debtors
Cash at Bank
23.404
222,948
246,352
21,827
22 1,097
248,924
Credlto
32.647
26,244
Net Current Assets
213.706
222,680
NET ASSETS
1 217377
1,251,005
Funds
unresth.cted Funds
ReslT7cled Funds
167.717
1.049.660
190.627
1,060.378
1.217.377
1,251,005
Approved by the Parochial ChLty¢h Counul and signed on its behalf by..
Rev Stew Doel (PCC Chalr):
Phll Young {TreasurerTr:
15th September 2024
The notes on pages 10 to 15 f￿M part of the accounts

PAR
CHIAL CHURCH COUNCIL OF ALDRIDGE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DEC
2023
2022
1 ACCOUNTING POLICIES
The accounting polioes are set out or¢ page 15
2 INCOMING RESOURCES
2a
Voluntary Incomg- Dlrect Giving (including rnstrict•d items}
St. Mary the Virgin- Parish Church
-gift aid recovery
st. Thomas
-gift aid recovery
St. Ma￿S Mission TynThigs
-gift aid ￿e0Very
Other
173,902
3S,509
B4.344
15,675
23,958
8,339
555
342.282
159,293
34,776
108.952
17,338
29,424
6,515
356,298
2b
Grants Received
Cooper & Jordar5 Trust re lay workers
Other Grants
45,118
4,340
49,456
45,118
8,217
2c
Activibes for Gengrnting Fund•
Fundraising events
Commission on photographs
1,375
114
114
1.375
2d
Tradin8 Income
Bookstall Income
Hire of Chufch 8uilding8
16
29,523
29.539
2B,047
28,047
2e
Investmgnt InGomg
Bank Interest
1,649
182
3 RESOURCES EXPENDED
38
Grants
Grants to Institubons, local 8nd overseas
Grants to Individu81s, local and overse88
23.137
11.184
34.321
35.987
11.184
47.171
3b
Lay Mlnlslry
Lay Workers in Aldridge
114,802
107.176
Support Costs
Teaching materials. DBS checks
1.797
Costs directly relating to the work of the Church
Parish Ministry
st. Mary the Virgin- Parish Churth
St. Thomas
Sl. Mary's Mission Tynings
Restrt¢ted $xpendlture on Chur¢h Centre
Church Centre Amortisalion
General church upkeep etc.
Sl. Mary the Virgin- P￿sh Church
Sl. Thomas
Sl. Mary's Mission Tyning5
60,000
55.28q
8.208
60.000
59.306
9,496
92
24.653
24,653
72.320
40.328
14.717
275.507
58,071
26,655
12.221
250,494
10

PAROCHIAL CHURCH COUNCIL OF ALDRIDGE
NOTES TO THE FINANCIAL STATEMENTS
continuè
FOR THE YEAR ENDED 31ST DECEMBER 2023
2023
2022
3 RESOURCES EXPENDED Continued
3e
Ev8nts and Actlvit•O8
Church activities
Note: Income and expendibjre are both gross in the accounts
Tyniiws Houso purchas& Iseg note 4)
Amortisation
Repairs and refurbishments costs
87,S14
78,837
3f
4,111
2,829
6,940
2,234
2,234
3g
Goveman¢e Costs
Independ¢nl Exatninalion Ctydls
3.400
3,300
3h
Admlnlstration
Sl. Mary the Virgin- Parish Church
st. Thomas
23.170
8,903
32,073
22,452
8,408
30,860
Trading Costs
Caterin9 for Room Hires
514
514
146
ASSETS AND INVESTMENTS
Fixod Assets
Church
Centre.
4 Tyning
Lane-
Total
Cost
At 1 January 2023
Addiltons
At 31 DeGsmber 2023
1,232,641
151,537 1.384,178
q,232,641
151.537 1A84,178
Amortisation
Al l Janyary 2023
Chaige for year
At 31 Dacembef 2023
204.316
24,653
22&969
151.537
355.853
24.653
380.506
151,537
Net Book Value
At 1 January 2023
At 31 December 2023
1,028.325
.003.672
1.028.325
1,003.672
' The Church Centre was completed during 2014. The wst rep￿sentS the sum expended
on construction work, Consulting engineers costs and ard)rtects fees during the build.
The buildingsare being depreciated over a 50 year period.
The original Cost of th¢ fre8hold property at 4 Tyning5 Lane was £f42.000 plus legal fees
which were charged to revenLte. The cost was financed through a loan from The Royal Bank
of Scotland amounting to £106.500. a contrtbution from the Cooper & Jordan Tnjst of
£23,000 and church funds. Through the Lichffield Diocesan Trust Aldridge PCC retain
an 83% intèrest and the Cooper & Jordan Trust a 17% interest.
Ouring 2007 the original loan w8$ wound up and the balance transferred to a new loan
which included an addibonal adv8n¢e of £9537 together with a £1776 arrangement fee.
The additional advan￿ was to assist vAth the refurbrshments at 4 Tynings Lane and was
lully repaid dLsfTng 2022.
2023
2022
Debtors
Income Tax Recoverable
other Debtors an(1 Prepayments
21.875
1.529
20,009
1.818

PAROCHIAL CHURCH COUNCIL OF ALDRIDGE
NOTES TO THE FINANCIAL STATEMENTS
continued
FOR THE YEAR ENDED 31ST DECEMBER 2023
2023
2022
LIABILITIES
CreditOf5
Taxation and Social security
Gr8nlg
Acwls
Other Creditors
2.388
5,181
26,078
2,519
2,800
20,925
32,647
26,244
FUNDS
Unre$trf¢tod Fund8
Parish
StThomas
i¢h Church
Other
Total
Mlsslon
General
Designated
105,031
22.990
14,359
8.752
7.000
146,358
21.359
Balance
31M2123
105.031
37.349
167,717
DetailB of Deslgnated Funds Carried Forward:
St Thomas Church
ITIAV Fund
Russell Legacy
Nthork Trust
Tom's Toddlèry4
Building Fund
2,468
9,148
1,023
1,720
7,000
Tynings Lane Church
Rostrlcted Fwd$
Pa
Church
homas St Ma
Church
Mission
Balance
01101r23
Re￿iVed in year
Allocated in Year
Transfer betsveen funds
1,051,209
21,802
-26,288
-7,057
6.721
9.116
,459
333
2.447
13.526
.19.132
5,441
1,060,378
43,879
-1,283
Balance
31112123
1.039,686
7,711
2,282
1.049.660
12

PAROCHIAL CHURCH COUNCIL OF ALDRIDGE
NOTES TO THE FINANCIAL STATEMENTS
continuBd
FOR THE YEAR ENDED 31ST DECEMBER 2023
Dotai15 of RoStrf¢ted Funds Carnied Forward:
Parish Churth
Organ Fund
Tower Fund
Church Repairs
Church Centre Fund
Church Weekend Fund
Oiher Funds
Migsion Fund8
Other Funds
House Account
Chiklren's WoTker
4,023
3,332
20.000
1.003,678
5.075
3,558
1,7S8
5.953
2,282
StThomas
st Marvs Mis￿on Tynings
1.049,660
Restricted funds are represented by..
Tangible Fixed Assets
Current Assets less Creditors
1.003.672
45.988
1,049.660
2023
2022
Staff Costs
Wa9e5 and Salaries
Pension Costs
Social Se¢urtty cost$
188.476
3.140
9.508
201.124
174,165
2.932
8,719
185,816
During the year the PCC employed fwe lay workers, four admlnistralors
and five playgroup workers, none ofthom eamed more than £60,OOOpa.
None of these were entiued to vote at PCC meelin9$.
The lollo￿ng aM￿nts were pald lo reimburse expenses..
Rov S Doel
Rev J Morfey
Rev D Sims
1,336
1.093
896
There were Th) other disc105able Iransac*ons.
10
Capital Commitmonts
There were capitsl commtbnents al the year end.
13

PAROCHIAL CHURCH COUNCIL OF ALDRIOGE
NOTES TO THE FINANCIAL STATEMENTS
continued
FOR THE YEAR ENDED 31ST DECEMBER 2023
11
SOFA Compardttv
Unrestrictsd Restricted
Funds
FutMIs
TOTAL
FUNDS
coml
Voluntsry Income
Direct Giving
Grants Re￿Ned
335,929
43,185
87.849
1.375
20,369
10,150
3S6,298
5133S
87049
1A75
4544
29.539
182
S33.122
Even15 & Activities
Activiiies for GeneTating Furwjs
Other Ordinary Income
Trading Income
Investment Income
29,503
182
36
502,567
30.555
Resources Ex
Grants for Mission
Lay Ministy
Support Cogts
Costs directty relating lo
the work of the church
Events and Adivib"e5
Tynings House
Govgmance Costs
nded
44.357
92.054
1,797
2.814
15,122
47,171
107.176
1.797
221,717
78,637
28,777
250,494
78.637
6.940
3,300
6.940
3,300
Church Managemenl
and Administralion
30,788
514
92
30,860
514
Trading Costs
Costs of G￿￿rating Funds
1.024
474.168
1.024
527.913
53.745
Not movomont in funds
28.399
-23.190
6.209
Totsl Fund brought forward at 0110112022
162.359 1,083,437
1,245,796
Transfer betr￿en funds
-131
131
Total Funds carrred forward 013111212022
190.827 1.060.378
1.251.005
14

PAROCHIAL CHURCH COUN
ILOF ALDRIDGE
NOTES TO THE FINANCIAL STATEMENTS
contlnu
FOR THE
R ENDED 31ST
ECEMBER 2023
12
A¢¢OUNTING POUCIES
The nature ol the chaHtys operalion5, constitulion and principal acttvilies are describecl on pagè 1.
The financial staternents have been prepar8d in accordan￿ Mth Accounting and Reporting by Charitss,.
Statement of Recommended Practice applicab￿ to chariles prep8ring they armunts in acCordan￿¥￿th the
Finan￿al Reportyng stsnda￿ applicable in the UK and Republic of Ireland issued in October2019. t
Fi￿aTh￿al Reporting Stsndard applicabk in the United KiThJdorn and Republic of Ire18nd IFRS 1021, the Charities
Act 2011 and UK GenerallyAccept8d Accounting Pta¢b"¢e. Th* th8rity cvDslilute5 a public benèfitenbty
as defme¢l by FRS 702.
The financial ststements have been prepared to give a'true and fair, view and have departed from the
Charitse5 IArMunts and Reports) Regulations 2C4)8 onlyto the extent required to provide e'true and fairvk*ty.
Thi% departu[8 h85 invofv8d followng the AccDunts"ng and Reporting by CharitBs." Statement (rf Recwmend
Practi￿ appliLxb18 to charibe5 pryng their a¢counts in a￿A)r￿an￿ wih the Fin8ncK41 Repoiting Standard
applicable in the UKand Republ￿ of Ireland i85ued in Octoter 2019 rather Ihan the AccountiNJ and ReporliTh9 by
Charits"e$'. Statement of ReGommended Pract¥￿ effectN8 from l April 2005 whirj) has since been 4wlhdfawn.
The financial statements are preparett on a going concern bas￿ undèr th8 historical cost cA)nvent￿n.
account5 are presentsd in $tsrting, whic* is the fvnctronal currency of th8 charity and round8d to the n8are8t
Th$ sKJTrrficant accounting policies appliod in the preparats.on of these finanoal statern8nts are set outtjèlow.
These poliue5 have been consi5tentty appl￿ to all y¢aTS presented unless othomso statèd.
Funds
General hjnds represent the lunds of the PCC that a￿ notsubiectlo any resthctions regarding theiruse and are
availab￿ for application on general purp￿￿* of the PCC. Fsjnds desKJnated for è p3iticuLqr purpose bythe PCC
a￿ also unrestricted. Tha accounts include all tran58ction$, assets and liabill￿e$ for￿ICh the PCC responsiblo.
Inco
r¢
Voluntary Income and ¢apltal sources
co118cb.ons arg recogni86d when received by or on behaw of the PCC. Income tsx recovèrablè on grft don8th￿S
q teeogni5ed whèn lh8 incame is recognised. Grants and legarAe$ to the PCC are accounted for as sooll as Ihe
PCC is notif*d of ts legal entknent and 8mountdue. FuThds raised by adiviues events aro a￿)unt•d for
gross.
othgr ordinary Incomg
Rentsl income from the ￿tting of chu¢th premises 18 rewni8ed when the rental Is recel¥td.
kncome from in¥￿t[Rents
Int8r85t is accounl&l forwh9n receivable.
R8sourcg8 used
Gr¥nts
Grants and donab"on5 are account￿ forwhen award8d, Ind￿ling those committed at the year*od.
Activittes diTr¢tty relat(ng to the work ofthe Chureh
Th8 Diocesan Paroh Share (Parish Ministyl is accounted forwhen payab￿.
Fixed Assets
Conwnted lènd and building¥ and fflovable church furnlshlngs
Consecrabl and beneficed PToperty and fumtshinos are excluded fr¢rn the aecDunls under¥.10 of the Charities
Act 2011. No other item$ of signfficant value are known to be 0￿ed by thè Parish.
Freeh￿d Property
The chur¢h ￿ntre is beneftiaHyowrEd by PCC. Costs will b8 depwiakd on a straighi line basis over50 ￿ar5.
The freehold property 4 Tynlngs Lane was purtha5ed during 2003 is fully deprecpted.
Current
Amounts ovnng at 31st December 2023 in respect of fees. ￿nts or other Income are shown as d8b10￿ kass PTowsion
foramounts that May prove uncolk8ctible. Short 18rm deposits indude cash held on dewsil at the bank.
Jenrry Do81. the wfe of trustee Rev Steve Doel, was ern￿OYed during the y88r as churth lay worker in acoirdance
wilh norrnal PTocEdures and pay rates. Rev Doel wa$ not Involved in approvSng the terms of the appoinim$nt.
15