IIEGk%fwcTrL4PJIYNLIIBER' 11397 U1¥41XITED FIlW4￿L STATEkEpirs FaiTrEYE*REPiED31 DECEAeER2023 THEWIR￿. ￿PlA￿ arrow LLP Chartwod Accountants J￿$an Hujse Staticffl R￿d Chingbrd Lon(l)n E4 7BU TrE PAROc%1￿L QIURCH C(XJNaL OF THE THE WRGIPI HEllrL4M c£1{[&￿oF IFE FIPIIPKL4L ￿AlEP￿T8 F(XiIHEYEAR E￿ED 31 LECa•ER 2Q23 PaIwth*X￿d Adnlnlth tithir• P4port olth•Tnwtw• 2 b 4 EThllln￿ Paport P*]ts• to th• FIft&￿I &th•nts 8 to 15 ￿n￿￿oI HnthddAdlbltk* 16 trj 17 THE PAROc>IiILI￿URC￿ C(KINCL CFTrE EccI￿ST￿￿L PAFI&I OF ST PA4RY ThEVINN, N￿m FCR TrEYEARENCED31 DEWER2 TheRWd L S Pl￿h￿ (Churth Wwd￿) R Pèake (Churth Wtrdenl C Ward l Brwks (Secr￿) J PimNett IDe8w Sync%1 Rep I 1rew9￿￿15.S,23l STumerlDeanery Synod Rep.) A Cc4tam M ￿FrederfCk swtor* D P4ckfrJrd (Deanwy SynLbJ K9p.}I¥￿n￿ 15.5.231 Dwad J 8rf5ter R Huthes.Penney tTr8a8urerl The R6Vd S 88￿mIen (C￿0p(8d k*mte¢ P Hic*s IC4-cytsd ￿Mter>(apPoi1tth1 15.1.241 P SbJart.R(trfnw lappcint&J15.5.231 c￿￿rth Cfflce (Yd Franks H￿￿h Street E&enharn trcfdshlre CM22 600 1139750 I￿p￿04T£YAmINER Brn LLP Chartered Accountants Jackst￿ Plouse St8lon Rc•a Chingford Lon¢SJn E4 78U B¥days Bank Hc, Le￿$tOr. LE87 2BB Clyde5dak Bank PLqVirgin Monfyl, 30 Flace, G*ow, G12HL Skpton BuildirvJ *Ely, The Bailsy, BD23 IDN Investment Mwaprs Ruffer LLP, 80 VK*n'a Street, L￿th)n, SW1E SJL P￿91 THE pAR{￿HLIL I>ILVICH COiJ4CIL (FTrE ECQ&4ASnCAL PARk44 (he ST W4Fff TrEVIIGIN, ￿￿1￿ FLR THEYEAREPWI 31 DECEMB512023 The tmslees present Iheir reFQrt the finanaal statsmenls ol the tharity the year end&1 31 Dec*mt¢r 2023 The tnjstees ha4e cpted the provisi)n5 olknnbng Rewrbn9 by charit￿$.. Statement of ReCoMm￿ded Pith'ce charib'es wepamg their ac￿unts in acrA)rdano vitt) the Finanaal Re￿th'ng Standwd ap￿￿￿e in the UK and Reput4ic ol I￿land IFRS 1021 leflecb'¥e 1 J8nuary20191. St Marfs Church is Srtuabj in Church Street, P£nham. 11 Ya part ol the Th'or*se ol Chdmsford wthin the Church of Ersl8nd. T c¥ThSpm)nden￿ 8ddres5 18 Church off￿, (Jd Frdnk5, Stro&, E1￿h¥m, Cl122 6DD. The Parwhial Church Cojndl Of1￿ Ecd8siastical Parish OISI Mary the Vygin, Henham IPCCI is a ￿￿￿ter￿j chanly No1139750. PCC rn￿beTr haves8Ned from1 Janw 2023 until the daleclthi8 rewi's aP￿D¥al are lisbj on the infr￿ats.On page. Gtsvtrnlng d￿Uffl￿t The TN$lees that thgy ho¥0 rebrTed to the guidan￿ contoin8d in the Ch* ￿mI￿￿'S wwal guidan￿ ￿ wtlic b￿fft reviewing thertharrtls aim8 aNJ objects 8nd in ￿0￿ning future gLIMtss 8nd s&bng ￿KAlLY forts year. The Pwochil Church Counol PCCI 15 8 co￿rate W estsbli8W ty fv Chwch ol Englwd. The PCC QFer8te8 under the Parot*K91 Chwoh CouKil Pmrs Measure. The PCC are the tnjstees. The InJstees ￿eW the risks to the ch•ity e&h year and mttuate ￿1￿81 these *here kwble includ￿g risk a$ge￿￿TrI pYoc&Jurey forall S￿111 ￿MI￿8. Th8 math￿j cl appointment of PCC is set out th the C*urc* Repre8eniaticn Rule8, Al Chuich 8llendee8 are er￿Ira99d to registeron the Electoral Roll 51and for ekthn ks the PCC. tlvm Sl m￿,$ PCC has the re$￿11￿11fy cl CLywaling *ilh the inoJmt*nl in prcffloting in ihe erdesi86tical palsh the *thc48 rn￿0n of the Churth postoral, frvangelislr, KKial and ecurnonical. 11 also has resw)ns¢bility for Ihe maintonance of St Marfs Church. T iro)mb￿l'S rewon$ibilities inc4L￿8 th8 vider ￿er￿e vhith, in 8￿j￿0￿ lo Sl Mary's Henham. St Peterfs Ugley aTrJ St Matys E￿nharn. The PCC ath'ydy %vorks with the PCC8 of ot￿r p￿She5. Acht•ththl• p*fonnffi Chur¢h AS at 31 De￿mber 2023, tslere Y*re 78 W$h￿ets on the Churth EIK*r4 Rol175 KI 20221, 21121 in 20221 ol vthom not dwl %wthin the parish. The avw weekly attendance la(lJlts only) vR5 29129 in 20221 for the rThJrning servke aTvJ 35133 In 2022) for the eVen￿g service. is adifferentc0ngregab￿ apartffom around 15110 in 20221 Fe0P￿ alsogo in the nM)rnir¥J, Henham PCC had eiJhl meetlngs during thg year of whlth one was a pint ￿￿81'ng hebj El¥enhom and iJ*y PCC¥ to di8cu ten8flce fiD￿c*. E4Th ollhe subiects durfng thè yearinduded'.- . *uwdlry, Assess￿nts Yculh prov￿￿￿. Evangdi4m induding pudding thfning5, Christmas Windows and Eagter T￿1, nw s￿888 Into - Henhwn fcf Hamsl Christmas, lessons aSsernbl￿s. Vl*e deliw ol Christmas Invitati(￿￿. - Conlimiab.C￿ Serw￿. TinE lo Rem￿ter servu. Remerrtjr3n￿. Chnstmas services, liaison *ith - OSCA HU￿H br Sunday - FIn￿CIal ￿)Unts k)r Henham F4rfsh HEU Benefice and a￿l￿t￿nI011￿derthden1 EX￿her. - StBff Committee and Mission Commdtee rep￿8, - Deanery and General ￿ad rewts. - Parish Share in ￿$￿)nSet0 wtsjer chU￿h clEroland deck4raK)ns. - R￿rfdering and Extension proFclfor thurth. P*Je 2 TrE pAR(￿HLAL C*ILNiC*I C(MJNCIL OFTrE EQIEgASTUL PARTh OF ST ￿FIl TrEVflG14, HENtrL4M FOR ThEYE4R EPL)ED31 OECUER1023 ,IrfA F￿ar￿a Pth4Aw Genwd fvnd (ithrwtrlthjl Tclol income in the Henham generd frJn¢J amtyjnted to £3.984 12022: £2.326). T¢tal eyndrtwe of E1,234 12022.. £6,249) rttutt&J In a net income alE2.73012022.' net eVd￿re of£3,9231. Thetotl baancecorned *w£20,66212022'. £17,932). HEU 8oMlc•fund lknlrfd•ll The HEU Benefi￿ resutt for the year wa5 a net irKome 01 £11,93412022.. £5,037) L*cau58 payment 0110 ￿￿1h& 01 the p&ish shwe IPS). amounbng to £81,480, was paused bul this ￿ offset ty a drop in gmry Thi8 frx)k the bd&)ce carried at the 8￿fj of year lo £119,33112022.. £107.38n- Parish ¥h¥¢ p*mMts we w5ed in 2023 as a rewjll ol the Church of Ewland's decwon to proceed Pytyers ol Love aThJ Fath. G￿ that the Churth's pcoikn renwins undwpj, ￿ are nL* prep8r&J t) pay futhw PS o)ntribuliws h rdthn lo 2023. W•ukqnd Ayfund fv•trf6 The 8￿8[1¢8 Weekend Away fund is used to ￿￿mote a tenefits ￿lde retreat *4th d&JKate4J &'t4e teathing. Th? baancfj carried Syw8rd of£1,95512022,' £2,439) L8 retalned ofthola n8&Jlng fin￿11 ¢0 (Xh•r fvnd• IP*1rfd￿ thd ￿d0￿m￿tI The PCC has sub5knts.al othw funds Irom don*•Th, lryxies and bequests given with wng teffi￿ and wThJicions mainly for ts maintsn8nce of the Church buikJin99 atKI grounds. These ftJnd9 afe th8. Wnmill fijnd, Bannehr fund, Fabric fiJTrJ, O¥ws fund. P￿b￿tt fund, Children and Youlh Work fund, Vrarts DBcr8tionary fund and ihree Endowmnl funds. The lotsl vdue of knds increased frryn£2,307,992 to£2,309,848 dumg the Ye9rmw￿Y to expenthture cfi the recrtleriig ￿d eth8bJn prq& pol Al the end ol the year urn8trld*J general ￿Ounted to £20,662 P022.' £17.934. rngtrkl&J fund8 to t2.426,999 12022.. £2,411,663) thy ￿00*￿￿tt￿ndS k)£6,143 (2022.. £6,155). 1118 PCC to ensure that fundB wl te ave4lat4e te future eynditure. The PCC dces not milnla'n $redf￿ ol rese on the fur4ds ￿th ihe eXCepu￿ ol the HEU Benefte Futwj. This is b￿aUse il has *ithnt aCt￿ty each year irduding responsibil￿Y ly pawry $￿ff. 11 ha5 IherefDre been decthd that an 8ppropriate reseNes pc4ry for the HEU ￿efIC£ luno 18 a minimum ol m￿th$, ￿p￿(ItUre oraFyo¥Jrn8tety £23,(1)J12022.' E20,OWI u5umlng thatthe porf8h 2024of£101,99B18 In hjl. The ba&nce on the tdbrfc knds Is fc¢8ny foregee*b lulufe repair requirement8. C*Ang Cone The PCC bel'eves it is finanaalty wable lor Ihe next 12 The HEU Benefice bjnd bal￿￿ d £119,331 remans ￿11 *))ve th8 aFvopriale of re5erv95 *ith the unre5kn.ded fun(ts and re*￿t￿l fund&, il Lg suffrcient tf &aMtie8 to t rn&ntsined for12 months. PM*rdtrlng *NI EKknilon ProJ• FOllo￿lr@ lo￿al PCC opproval In 2022 of o budggt 01£1.75m for this prciect, enabling wc¢rt ￿￿nenc*j in e* 2023. TNS vk %WdS cwrEd out undw a Letter of Intent vthilsl the detsi15 01 the final £1,634,639 main wew ffinli8ed aTh1 sgned on the 6th (knber 2023. DJring the ￿ar, the painslakiry th of the arthaedoJist3 man ￿tradOr S￿lU11Y athwed the mik$kne ol ecfflF4ekn'ng the concrete sl** re&Jy for the steel traffle to be er￿ted in e￿Y 2024. In p8rall81 ihe inleror ol the thurch was deared ar*1 prepara*.￿$ for tho new floor reorder￿ Mre gubstanb"aI￿ comp￿. Al the PCC meetrrfJ in J*u8ry 2024 epwDv81 wa5 gNen for an increase in the W lo £1.828m to cover 8n increase in the C￿￿nGenCY re8eNe. The targd COm￿e￿"(￿ dale 18 Autumn 2024. STATEhEif¢%TRUST￿ fESPCNSIBLrnES The trustees ¥8 re8PCffi*t4e for prwng Ihe Repjt d the Tnjstees and the finantial stalernents in alrordance ar¥4iGotrAe Iw and United ￿.n￿JC¥n Act(￿￿ting Standards (United KIngd￿ll Gen8ralty knepted AcoJunts"ng Practicel. P4e3 THE PAROCHIAL CILIRCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE WRGIN, HENHAM REPORTOF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 STATEMENT OFTRUSTEES. RESPONSIBIUTIES- GonJnu•d The ¥*plK&K9 to oharits In England and Wal￿, the Chariti8s Act 2011. Ch8rity (Ac(th￿tS ènd Reports) Regu*ns 2ffJ8 Ihe pfovwns ol the trust deod require6 the trusteos to pr418re fnancil 51alement8 loi e8th fin￿￿81 year whrh a true and lair v ol the slate ol 8rfairs ol the charity And ol the inthrning resourc88 gnd applicabon of 198ourc•8. nc4u¢Ang the inwme and exp8ndibJw, of lh8 thnty lor peri&J In preparing fir0￿￿181Ate[Mnts, the IDJSteos ate requir￿ to Se￿¢1 sititsblg accounl'ng polKie6 aTKI Ihen con61s1on0y, obs8ry8 the methc¥l$ 8Dd prirKiplas ￿ the Charity SORP" make pJdg6monls and estirnaté$ ￿118{8 reasonable pnd prudent, prepare the T￿enc￿lI gLgtsmen16 on tha g￿n9 concern baBi8 Lmkry88 11 1$ impprcpriate to pr¢surne Ilal tr¢ Ll81ity In buBne3s. The Iiuskns are reSpOr￿1b1e for k84)irg prcpér aceounb'ng record$ wkn￿h drack)sè with rOa￿nabl& al eny lrnq the finenckil p￿I￿n of the chority and lo to en5ur8 Ihat the fin8Dcial St8￿meThI8 cornpty with th6 Ch8rtt18s Act 2011, Charity (Accounts Reports) Reoulal"on8 3D08 and Ihé PTOVl8ion6 ol the ￿6t deed. They ar¢ ie8pwsible for 8aloguarding the 8S8et8 01 th6 charty 8nd ￿nce for tskykj lgasonabb steps for the pi6¥entson 8nd deteCt￿n offrBud other irrryuL9ri1189 Approved by order ollhe b￿rd ¢ll￿￿te85 on .1? .%.0%4 . And sb3ned 00 11$ betkgKby.' S Pk*er- Trustee Pege 4 INtEgENDEpif ￿￿NEF¥S REFfllTTOTrETrUSTE&8 OF ThE PAR(KHL4L CPKJR(% cciifKIL TrE EcCI￿AS￿￿IL PAR1&4C* ST ￿lf1 THE￿RGI￿ PEN Klependwl ￿•ntr*s rwrt to tho Inwteu of The Paroch*l thurth Councl IX Th8 Ecdo8l•tkal PrfAh Cl Th• Mrgln, ￿h4n I rem to the chaty trust*5 ￿ my exaTninabon of the arLcunts of Th8 Par￿lar Church Counol Ot Weya$lKal Parish Of St Thevirgin. Henham ItsTrusll krthe yearended 31 D￿￿eT2￿23, PaBponsibllllleJ b•18 OIry￿t As the tharity tr￿steeS of Tnjst you aTe the prqiwalkm of the aCC￿nts n ac￿an￿ with the req1Hre￿nts of the Charit￿$ Act2011 IlheAGVI. I rwt in r&$￿t of my ex￿￿et￿On of the Trusys 8mnt8 ￿ried out under ￿0￿ 145 of the Ad and in carrying out ry examina￿n I ha¥e lo1￿ all DIre￿￿$ giwn by1￿ Chanty CommL89K¥) uNJer Section1451Sllbl ollhe Ad. d•pend￿teX￿1n*1 1lthMt I h8¥e ￿Mp￿￿j my eX￿inabCfi. I confim that no malwial motth have come to ny altentKfi in ￿1th the examhthn gwing cw8e to bdieve thatin any materid re8FrfL' x¢yJnlma rttords V*pre not kept in reSp￿t of1￿ Tnmlas rffjuired by 130 of1￿￿ ACL. LY the ￿Unts de ￿1 accord %*ilh th¢)$8 records,. or the ax￿nts th) not Cfjmp￿ vlth the 8Ot8ble requirements cthcéming the contonl of aco)unts ¥ot LWI in the Chkn8 IAcsx)unls 8NI Rwrtsl RegulaK)ng 2tM)8 other than ￿Y wuirernnl that the 8(rthmts gNt 8 true and lar y￿1 whKh is not a matter ￿￿¥￿Ier9d 88 Part0f￿ in@w¢*nl el￿Nn91￿n. I no C))rL*￿ and h8¥è ts)me no otker mBtters in ConneCbc￿ with the examinth k> *thich attentK)n 8hauld be dravm In thls repryt in orderto enalAe o proper undef8tanding oflhe 8oxuntslo be re&htsJ. T P Cuitis B8mw LLP charte￿ I￿Jnt9nts Jockgcffj Houge St811￿ Road Chingtsd London E4 78U 17 Moy 2024 Page 5 THE PARCThL4L CFKiRC*I CCYJ4CL(F THE STATEIEifoF F*WICIALACTivmES FCAITHEYEAR EhfiED 31 DEC￿ER2023 31.12.23 Totsl funds 31.12.22 Tot nds Unreslr¢t& nd Resln¢bJ fund Endmenl INLXAIEAKIEI¥XYaWEpif8 Dcnatbjns and *g￿e5 2.321 76,510 78,&31 2,355,518 Fee5 inw8 1.222 1.222 Inve8fftnllnceme 421 25,678 26,299 6,9 Totsl 102,388 1C*,352 2,363,589 Church repairs and mantsnance Offi￿ and hall o)*J SeM"ce o)sts Sun(tyc051s Miys*Jn sup Staff costs Oew8cKqlon charge& Supw)rt costs P8ri5h ￿are Pthting, p8t&J8 8tati Dc￿atkj￿B rn￿[￿ oJ¥ts Insurance B￿k chwges LIM 8 heal Benofic* we8kend away C￿16 200 12CI)I 11,015 7,849 10,458 3.026 221 8.419 17,81S 2,576 2,898 16,29S 10.458 3,621 221 8,858 17,815 2,576 2,898 16,296 20 2,163 2,988 2,423 595 876 9,164 16,102 3221 12851 79,267 770 439 2,163 2,988 2,423 5,262 979 104 631 8,217 8.217 Tatsl 1,234 77,520 (2001 78,￿4 136,463 Netgansllbssesl C￿ inv88knents 110,2761 532 19,7441 52,599 NETINCCA 2,730 14.592 744 732 (7441 18,054 2,279,725 12 Nut MO¥*￿ In fvndi 2,73Q 15,336 18,054 2,279,725 REcoiaLiATTr4 (F FUND8 Totsl fiJnd$ brought fomard 17,￿2 2,411.663 6,155 2,435,750 1￿.025 20.662 2,426,999 6,143 2,453.8C4 2,435,750 The ￿leS fomi rat olthesefinanLxal stakne PwJ8 6 IHE PAROCHIAL CHURCH COLINCIL OF THE ECCLESIASTICAL pA￿SN OF ST MARY THE blRGIP4, HENHAM BALANCE SHEET 31 OECEM8ER 2023 3112.23 Tolal 311222 To￿1 funds Unie6iriobJ knd Reslricted bjnd Endowment fiin(J Nclés FIXEDASSETS Tar4ble 85sets InvHtrn•nt8 Investments IDYe51mert proptrty 256,250 256,250 12.882 261,551 153.436 6.143 267.700 153,436 301,288 160,609 671243 6.143 671,386 474,779 CURRENT ASSETS DebiotE Cash olbank 507 20.155 16,826 1,772.859 17,333 1.793.014 28.329 1,959,000 20,662 1,789,685 I.BIO.347 1,987,329 CREDrroRS Amounts falling wilhin one year 10 132,0541 132,0541 115.1921 NET CURRENT ASSET8 20,682 1,757,631 1.778,293 1,912,131 TOTAL ASSEfs LESS CURRENT LIABILITIES 20,662 2,428,674 6.143 2.455,679 2,446,916 CREDITORS Amunls falling du• 8ftèr mcrf8 than yogr 11.8751 111.1661 NET ASSETS 20.662 2,426.999 6,143 2.153,804 2.435.750 FUNDS Unle9￿1c1ed fu￿6 R8slri¢lthl funds Endts¥¥m8nl lunds 20.eA2 2.426,999 6,143 17.932 2,411,663 TOTAL FUNDS 2.453.804 2,435.750 The fIn￿r￿la1 5tèlem8nt8 W818 8ppr(Ned by Ihe Board Df TFust888 8Utho1￿8￿ for ￿Su8 on signed on its bohaK by. and were S Pl￿er- T￿L￿tee Th& noles form partof these fiThan¢i81 $tstemgDIs Page 7 TIE PAR(J>IL4L I>lL￿ COLAICIL OF THE ECIUi(X CCNJNCIL (FTrIE ECQESIASTLIL PAR￿1 (FST ￿Ry IFEMRGIN. HENHAM NOTESTO TrE FMINCL4L STATEkENTs.cor￿Inu￿1 FCR TrEYEIREPLJED 31 [￿cE￿ER 20YJ A￿lI{[lNG P0LK#ES-￿I{lnuld C•h * bank C89h al bank and in hand int4udes cath and shNt-tem h￿ahlY Ipuid inves1m￿ts a SW term maturty ol three M￿th8 or I￿8 from the d8le of8C4Ui9ition er opening ollhedep05il orsmilw￿￿jnts. C￿dItorS and p￿SlOn5 arv rwni8ed the Chaity has a present ¢Jblg8kn rewlbng from a p881 Ml that will aw resu￿ in the Iransfw of tunds to a Ihird party aTrJ the arnunl due to ythlle ihe clligation can be measured or estimated reliatty. Credittys and prowsions ar8 norynally re¢x)gni59J at the settlewenl amunl after abwing lor any trade discounls. Inthlng olth• PCC•nd ¢onr*t•d P*•QM bws ol the PCC are O￿ljed to dedwe any Inltttsl in iny prwed tran5xticffl that involves them or cr)nn&*d persans, and ¢0 Y•thdraw from any dIS￿sSi(￿S and rK)I partiryipate Sn any ￿te tsk￿. Any transaCI￿n5 undertaken by or on tehall of th8 PCC 8nd invokn'ry OItt￿ PCC pe￿nS0re de￿n￿4￿ in these notes, rf epplK8bb. FlnmcW IrthfflMI• The charity wly has fin￿[181 a88ets and financk91 Iwbill*s 018 kn.nd that qualfy ￿ basK fin￿￿al instrurnents. 885iG fin8rKial 1nthffl￿ts are inilialty ￿cCgn￿d at tranSXl￿n value and Subsequ￿tlY nwured at their sellem￿l va￿8 Yith the èwlwjn ol tkgnk loan8 ar8 subs6vUent￿ measured al wnorti5ed cost u&ng the eff*Ne knthst m8thoJ. F￿an￿al a8s•ls Snclud8 Ihe bank balance8, tr&Je debler8 and otherthbtors. exdudB prepay￿1& and tsxa0C￿. nKKI81118bS1th Indudfr tr•Je cr&Jitors, olhw cr&Jitor4 aLrruaB and defeTh*J InrxJm8, tAJl exdude ￿Urity and oth tsxes due, Incom• All inrune B induded in ihe Statement of Financial ￿ti￿ti.¢$ ISOFAI the l&Jally enlrfbd to the inwme, and tr18 8munl can be qu8nlifigJ wlh certainty. DJnalion5, colkntions and grfts are remgni5ed recev. Donated servw fad111￿8 8rÈ ¢Mly Induded in the incorne Iwth an e(wivak8nl offKunl in expgTrJiturel tho ténefil to the PCC is reasonably quanliligble, me88urth and materi91. The v8lue plac￿ on these rethros is the ￿Inated vylug to Ihg PCC lor the 8eTrice or ￿'lIty r￿1Ved. AJI irK¥yne k8 for gr088. Realised and unraali8&J gan# or lo#se8 on in¥ethents are ￿luded in e SOFA. Exfftdlurn '8bllities are r￿GnISed as exFendrture as g￿n as there is a legd or cm$lruGbve obllgalbn wnmittsng the charity to that expenditure, il is pro￿￿ that a tr8nsfw of ecoTh)mic bendrts ￿11 be raquir&l in Sett￿m￿l and the ￿rIJnI ol the oblgalion can be measured reliably. Expendlure is acujunted fi)r on an aLuuals ba￿8 aTrJ has b￿n cla￿r￿d under he&thnas that aggregate all cost rdated lo the category. Where costs cannot b8 dlrecty att￿bUt￿ to pthlw hea(I'r&8 Ihey have been al￿atsd to th'tss on a b&s consi5tenlwth Iheuse ol r850urce$. Grants offeral suw to conditi￿& which not be8n n*t al year eTra date arn not&J as a r£fflnMtrnenl tr￿1 nci gs expendrture. Tmgfolofmd o••et• CEF*ecial￿￿ is prowd&J ai the fcloving annuvj rates in crfthr b *Trt8 off each a5$01 ov 11$ 8stinat8d usefvl lrfe LY, rf herd under a fin￿￿ lease, o¥erthe lease ienn, Ykn￿hever ￿ the shorter. ProFety. st￿￿t li)e 0￿20 years FI￿1 ond mathinery. &raighl Ine o¥er5 yews FLXtur8 and fith'n￿- stra￿h1 ffin8over 5 year8 Conseuald arnj tenefKed proFerty ol any kind iq exdud&l from the ￿XInts in ￿rdance ￿1th 8.1tK2118l ol the chad1￿9 Ad2011. Page 9 IHE PAROCHL4L ￿lI{(x C(XWCL OF THE TrE VIRGN. HENTrk4M FCftTrEYEAR ENDED 31 DEl￿ER2DlJ AcfxxMNG lUIcIES-￿1ntlftU•j The charty is exempttrom taXC￿ itschantatrAe &b.%At￿. lrn purch•• IM￿n9 commllm& Renias paid undv cyer8Mg leases we th8rg&l to Ihe Statefflenl of Fi￿r￿￿e1 Acbwles on a str4hl line basL¥ over Ihe ollhe leaye. ND sin1franljuch3￿ts or 8￿Mpti￿3 ha¥e b*n m•Je by PCC in WF4yhg th8 Charivs acu￿ntkng p)l(o'es. WSth resFrtt to the next rep￿,ng perbj 2024, Ihe m￿1 signifunl 8rea ol unc*rtwnty that ihe va￿8 of a98818 hdd by ts Churth 8re the level of investmnl r8￿M wticulply frDm ins*stTMnl incowts and Ihe perfcirnance of inveslmenl m¥k¢ts. IN¥ESTMEpiflNC**AE 31.12.23 31.12.22 2,4 4,5&J Div￿￿d& and interest 21.499 26.299 6,9eo T￿jsTea¥ AEIAiNER4TK14AND BENEFrr8 Thwfr ￿re no tru8lees' remunerab'on Cf other ts￿er￿ kf the yetr eTha&J 31 DetanE•r 2023 nor for the yg8r ended 31 DBrnmt*i 2022. There %4we no tnJ$tew' ex￿￿e$ paMI forthe ye8rended 31 Dw)bu 2023 ncf Icf Ihe 31 DKgmber2022. COkPAR4TIIE8FOR THE STATE1￿lfc* FIPUIKLIL ACTMMES Unreslnct8J lund Reytricted fiJnd ErnlowT￿nI fvnd Tolal lunds IPKCMEAND EN[th￿FIr8FRc1A LI)nal￿￿ and 1,174 2,354,344 2,355,518 Fees income Investrngnl irwno 42 6,751 167 Tot 2,327 2,361,095 167 2,363,589 E>FEK)ITURE C*4 Church repaifS maintenan offi￿ and hall co*s e wsts ndry costs Mission 5UPPC*t Stsff costs 150 150 594 265 10,665 7,699 2tK) 11,015 7,849 999 876 9,164 16,102 611 9,164 16.102 Pap 10 IHE PAROCIIL4L C*ILRCH COIJ4aLC￿TrE ThEM￿N, HEh114M lalTE8 TOTrE STATEMWS.L¥Jnllnu•l F(IiTrEYEAR ENCED 31 DEf￿512 CQWAPATIVESFCAITFE STATEMENfcArF1114NCL4LACTMnES.cthrtlhuthl Lknre81r¢tepJ R8sin'd nd nd ENIMnenl fund Total funds 3,221 12851 79,267 679 509 5,262 979 104 631 3,221 12851 79,267 710 ppytwsL8 Parish Share Prviling, wstage 81abwry Lknatlc￿S 91 costs 5,262 979 104 631 Insurance ank th*g89 L￿h1 & haèt Totsl 1,250 135,013 200 136,463 NetSar￿(kIS8e51 on In￿ents 53,510 52,599 NEf lNr(NEIEXP￿Tul funds 1,077 14,9991 2,279,592 4,255 19441 744 2,279,725 N•i Ir￿•ThI In fvnd• 13,9221 2,283,847 12001 2,279,725 PECC14CILIAnON CF FUPIX8 Total lunds ￿Ought for%￿rd 21,854 127,816 6,￿5 156,025 TOTAL FUND8 G4RRIED F(XIWAPD 17,932 2,411,663 6.155 2.435.79) TAP131BLE FL¥E)A88Ef8 Fixtures L*engad fittMgs Totds Al1 January 2023 A(kJitions 18,397 1,033 19,430 245,944 245.944 131 Docember )JfJ 245,944 18,397 1,033 265,374 CEPRECHm¢J4 Al1 January 2023 Charye for ye 5,515 2,576 1,033 2576 At 31 OK4mter 2023 6,091 1,033 9,124 IEfBcKX( VALI At 31 Decemter 2023 245,944 10,306 256,250 A131 De￿mter2O22 12,882 12.882 In ￿an￿ vdth th8 ￿￿￿$$*3￿ g￿ted by ￿elMSf0rd Clo￿53n Reaisty 8 August 2022. Henhan PCC h88 nmwced a reCKd6￿ng and extension proJ&t during Ihe fiscal year, inujrring exFenditures totallirrfJ £214.535. The is currenly in kwress and Is anticipa1￿1 to re** ￿Mple￿an by autumn 2024. Pagg11 TrE PAROCHL4L (%IJi(>I CCXINcaL OFTrE THEVIRGII, HEP*L4M )IESTOThE FNANM STATEMENTS.¢onllnwl FOR THEYEARENfED 31 fEcEMBERW13 L￿ted iwestrnents RKEfvALUE Al1 J8nuary 2023 Athibons DispJ$d$ 301,288 130,4851 13,1031 At 31 D￿nter2023 267,7frJ pEr BC#XVALUE AI 31 0￿*m￿r2D23 267,7LIJ Al 31 DI￿rn￿er 2022 301,288 The￿ no in￿ent as8818 ￿t81th the UK FAIRVALUE Al1 January 2023 Imprnents 160,6C(J 17,1731 At 31 Decfjmt¢r 2023 153,436 NEfBOCI( VALI At31 December 20fJ 153,436 31 December 2022 160,609 Tho ChelTh81(Kd Diot88w Board ol Fin0￿ Is t￿8 h¢]kJer for Henh￿ Stores, The proFety 18 held under 6 of thè PCC {Po￿r$I Measure 19&8. Hgnhom PCC ore the t¢neficiori9s oflhis tiue ond 480 respJn%Ne f￿the upkeepolthe stor￿. DEBTW. AM(XINT8FALLlPK tKEVllH140NE IEAR 31.12.23 31.12.22 Gnl tsx reC4)¥erj￿e Otherdebters Prepa￿ent9 ￿ ￿¢n￿d Incc4n8 978 13,949 2,4C6 820 19,128 8,381 17,333 28,329 Pa￿12 TrE PARcf*iwL I>IURCH C(KINaL OF TrE ECQU4STIG4L PAFISH (F STIA4Frf TrEVRGIN, HEN IXIIESTOTrE FNITrKLIL STATEMSITS.¢ontknu FCftThEYFARENtED31 tECSfU12023 10. IxfffoR& AhKMJpifsFALL14GCiIEWITHwaiEYEAR 31.12.23 31.12.22 (Aher¢r&litors 32.054 15.192 11. CAEtlm AIW4TSFALLING WEAFIERMORE THANC*EY84R 31.12.23 31.12.22 CXhercr8J 1,875 11,166 11 IAOVEIWIN BJND8 Transfws Al 31.12.23 At1.1.23 in lund8 nd8 iknmtrkt•l lund• Generd fijnd 17,932 2.730 20,662 fund• ReSt￿ted 2,411,663 14,592 744 2,426.999 Endomnwrt fvndi ENDOWMENTS 8,155 732 17441 6,143 2,435,750 18.054 2,453,8 I movem•fit in lJnd$, indud&J Ml the abov8 am as fdhm.. Intrjming S￿ree1 P£thr eynd Gaing and m0￿me￿ in LknrMtrk￿j fvnd• General fund 3,964 11.2341 2,73JJ Falrfct￿ lundj Restrided I￿2,3&8 177,5201 110,2761 14,592 End0￿￿t￿jndI ENDOWMENTS 532 732 TOTAL FiThIJS 1C6,352 118,5541 19,7441 18,054 P4e 13 THE PARcK>I￿L CFttiRCH CCMJNCILCF THE ECCLESK8TIQIL (F STIIAK TrEVIRGW, HEN FOR TrEYFAREM)ED31 DECa8ER2023 12. kThEPENT IN BJU.¢onlinued C4mpwth fund• Not Translef8 Al 31.12.22 At 1.1.22 in lurKIs fuThls Unrntrfct•J lun Genwal lund 21,854 1,077 14,9991 17,932 R851rid&l 127,816 2.279,592 4,255 2.411.e63 Endownwbt ENDOWMENTS 6.355 19441 744 6,155 TOTAL FLA4DS 156,025 2,279,725 2,435,750 CompWth.￿ net movement In lJnd8, Incknded in the 8bJY8gre & follm.. IncfJmSng resources PAKWT eypended G&n8 aTrJ Ic08e8 Mmment In fu￿1$ Lknmlrf¢t•d fvn General fvnd 2,327 I1,2￿} 1,077 PMtrkl•J fund• 2,361,095 1135,0131 53.510 2,279,592 Endo*Th￿l thjnth ENDOWMENTS 167 12LbJl 19111 [9441 TOTALFUPalS 2,363,589 1136,4631 52,599 2,279,725 AGyrMI yew12 monlh¥ and ￿￿Ye¥l2 fflwth¥ LyJmt4ned 88fi)Iows', Tran8fers tel￿n rundg mmment fu￿15 Al 31.12.23 At 1.1.22 Lknrn•ltht•J [￿dI Ge￿ ￿nd 21,854 3,807 14,g99 20,662 PA￿1￿ fvnd• Restncted 127,816 2,294,184 4,999 2,426,999 EndoMn•nt fvnd• ENDOWMENTS 6J55 6,143 156,025 2,297,779 2,453,804 P&Je14 TrE PAROCHLIL C>AIiCH COiA4CIL OFTrE EC W￿l￿dul9 14,761 3,054 10,45B 153 3,071 1,873 20 221 15,011 1,091 7,849 979 631 770 876 11,015 1,100 8,217 2,576 8,858 2.163 3,221 9,164 56,525 52.115 hkn4•ment Parish share 16,296 79,267 Bwk 96 104 Thts pap d￿$ rK)t fcfm partolthe 5tautory finarKial ststements 16 TrE PARCThiIL C*IURCH CA)UNCaL CFTrE EC1XE￿8TIQIL PAWI OF sT￿lF￿ TrEVfiGIN. trENPiAM DEfALB)STATEIENf(F FIWIXL ACINMES FCR TrEVEARENtED 31 DECENeER2Q23 31.12.23 31.12,22 Fknmr ah Ltyht a￿1 he 2,802 12851 fJ)vemanco¢￿tI AL￿110r$, rwnunerabr 2.835 5,262 rewuryxsexwd&J 78,554 136,463 Nqt Inciwn• bthgalnl and lo• 27,798 2,227,126 PAdh•J gdni Iom Real￿￿j g•npJlbssesl ￿ fixfJJ asset In￿St￿l& (9,7441 52,599 n• 18,054 2,279,725 Thi4 dces notfrxrn part ofts slatulory finanoal statem￿t$ P&Je17