Charity Number: 1140055
## The Parochial Church Council of the Ecclesiastical Parish of Holy Trinity Hurdsfield
Report and financial statements for the year ended 31 December 2022
## Holy Trinity Hurdsfield
## Reference and administrative information
for the year ended 31 December 2022
## **Registered office and operational address:**
Holy Trinity Church Hurdsfield 197a Hurdsfield Road Macclesfield Cheshire SK10 2PX
**Charity number:** 1140055
Holy Trinity Church Hurdsfield (HTH) is part of the Diocese of Chester within the Church of England.
**Patron:** Simeon’s Trustees **PCC members:** Members of the Parochial Church Council (PCC) who served during the year were: Clergy members: Reverend James Gibson Vicar and Chair Reverend Jonny Frost Curate Lay Members: Olwyn Haley Churchwarden Richard Heathcote Churchwarden (from 22 May 2022) Richard Johnson Churchwarden (to 22 May 2022) Hellen Watson Deanery Synod Representative John Burt Chris Cottom PCC Secretary Michael James Anne Marriott Pip Mosscrop Ogbeialu Nkochi-Nwankwo Derek Rodwell PCC Treasurer John Vincent **Bankers:** Virgin Money 34 Princes Street Stockport SK1 1RE
**Independent** Christy Lau FCCA CTA DChA, Slade & Cooper Limited **Examiner:** Beehive Mill, Jersey St, Ancoats, Manchester, M4 6JG
1
## Holy Trinity Hurdsfield
## PCC members’ annual report
for the year ended 31 December 2022
The PCC presents its report and the unaudited financial statements for the year ended 31 December 2022.
Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements of the Church of England’s Representation Rules 2017 and the Statement of Recommended Practice – Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.
## **Aim and purposes**
The PCC is responsible for co-operating with the vicar in promoting throughout the ecclesiastical parish the whole mission of the church – pastoral, evangelistic, social and ecumenical. It also has maintenance responsibility for the church buildings at 197a Hurdsfield Road, Macclesfield.
Our vision (what we are about):
- following Jesus
- sharing His good news, and
- seeing lives transformed.
Our values (who we aspire to be):
- family
- authentic, and
- adventurous.
## **Objectives and activities**
This year we have:
- Enjoyed a full year of worshipping together again after the Covid-19 pandemic, including welcoming lots of new people to our services and activities.
- Opened our new building, the Hurdsfield Community Hub, on our site. This incorporates a meeting space for up to fifty people, and the church office.
- Extended our community impact through continuing our monthly Community Meal and weekly Hurdsfield Tots, introducing a weekly Drop In at the Community Hub, and appointing two Community Interns to build relationships amongst the people of our parish.
## **Achievements and performance**
The PCC ensures each year that its activities align with its charitable aims and objectives, and benefit the groups of people it is set up to help. This section presents some of those activities within the year. The PCC refers to the Charity Commission's general guidance on public benefit when reviewing its aims and objectives and considering how its planned activities will contribute to these.
The church electoral roll had 122 members at the end of the year, but the church’s activities have a much wider remit, all undertaken to further HTH’s charitable purposes for the public benefit, and including:
- HTH’s whole church (not all of those attending services are on the electoral roll)
- those living in the Hurdsfield parish
- the wider community in Macclesfield, and
- selected Christian missions working locally and internationally.
2
Holy Trinity Hurdsfield
## PCC members’ annual report
for the year ended 31 December 2022
## **Church services**
We held services each week at 8:30 and 10:30 am, also streaming the latter live on YouTube. Our 10:30 service included three groups for kids and youth: Superstars (pre-school to year 2), Trailblazers (years 3 to 5), and Pathfinders (years 6 to 9).
## **Parochial Church Council meetings**
The PCC met six times in 2022, starting each meeting with prayer and reflection, followed by consideration, correction as necessary, and approval of the minutes of the previous meeting, and a review of matters arising from them. Each meeting considered the financial reports produced by the treasurer.
## **Other church activities**
Each of our activities contributed to achieving our aims and objectives of increasing discipleship. By this, we mean both growth in individual discipleship and in the number of disciples. Other than those already mentioned, our activities in 2022 included:
They included:
- Hurdsfield Tots – for pre-school children, their parents and carers.
- KidZone – a fortnightly term-time club for children in years 3-6.
- Pathfinders – a weekly term-time early Sunday evening group for years 6-9.
- Fusion – a weekly term-time Sunday evening group for years 10-13.
- Taking 14 U18s to the Limitless Christian Festival.
- A ‘Light Party’, as an alternative to Halloween.
- Youth worship events – called Amplified – in partnership with other local churches.
- Leading assemblies for Hurdsfield and Puss Bank Primary Schools.
- Time Out – a monthly social event for the elderly at a sheltered accommodation centre in the parish.
- Taking Home Communion to the housebound.
- Visiting those in the parish who have recently been bereaved.
- A Remembering Service for the bereaved.
- An Alpha course for those interested in exploring questions of faith.
- Prayer gatherings for the whole church to come together to pray; prayer walks; a prayer afternoon, and transforming our vestry into an interactive prayer room as part of the Season of Creation.
- HTH News – a weekly email, sent to more than 200 subscribers, and including a prayer diary, requesting prayer for specific individuals and situations.
- A dozen small groups meeting weekly, mostly in people’s homes but one on Zoom and mostly in termtime only, for fellowship, worship, Bible study and prayer. This includes Evergreens, a large home group for older and retired people.
- Participating in the Hurdsfield Neighbourhood Partnership (the vicar served as its chair during the year).
- Quiz night, board games afternoons, picnic, comedy evening with Christian comedian Andy Kind.
- Tidying the grounds of Hurdsfield Primary School, including painting fences and clearing flower beds.
- Weekly litter picking around the parish.
- Collecting food to donate to the local food bank.
- Building a bug hotel in the church grounds.
- Muddy Church in the local park.
- Easter trail.
- Carol service in church, Community Carols in the local park, nativity trail, nativity service, Messy Advent and Cupcake Christingle services for kids, packing and delivering Christmas hampers for households in need, delivering an HTH Christmas card to every home in the parish.
3
## Holy Trinity Hurdsfield
## PCC members’ annual report
for the year ended 31 December 2022
In addition in 2022, we:
- Joined eight other local Anglican churches to form the Macclesfield Anglican Churches Revitalisation Initiative. This is a lay-led project with an intended outcome of a Christ-centred, mission-focussed, integrated Anglican organisation in Macclesfield which is sustainable and financially viable and aligned to the Chester Diocese future strategy.
- Continued to take the safety of our U18s and vulnerable adults very seriously, with all PCC members being DBS checked and taking C of E safeguarding training. We also rewrote, in plain English, our good practice guide for working with U18s.
- Enhanced our welcome by employing professional contractors to decorate our worship space.
## **Compliance with the duty under Section 5 of the Safeguarding and**
## **Clergy Discipline Measure 2016**
In all the activities for which the PCC has been responsible in 2022 it has complied with the requirements of the Safeguarding and Clergy Discipline Measure 2016.
## **Financial review**
The PCC's finances are detailed in the financial statements for 2022.
There was an overall surplus for the year of £15,555, comprising a deficit of £9,437 on unrestricted activities and a surplus of £24,992 from restricted activities, principally the Building for the Future project. Total unrestricted income came to £190,907 compared to £280,576 in 2021. £83k of the £90k difference was due to legacies received in 2021.
The PCC's total net assets on 31 December 2022 were £527,359 (2021 was £511,804). The year ended with a balance of £238,596 of restricted funds, nearly all of which (£230k) were represented by the new Hurdsfield Community Hub which was funded principally by restricted giving.
## **Reserves policy**
The PCC’s Reserves Policy is to hold free reserves (i.e. net current unrestricted assets) of 3 months of unrestricted expenditure. Based on 2022 levels of expenditure this would mean a target of £50k. Free reserves at the end of 2022 totalled £289k including designated funds (see note 17 for details). General funds, not designated to any projects, totalled £106k, which is over six months of anticipated unrestricted expenditure.
## **Remuneration policy for key management personnel**
During 2022 the PCC employed four people: a youth minister, two part-time kids’ ministers, and a parttime church administrator. The PCC establishes their employment conditions and reviews their salaries annually.
## **Plans**
In 2023 the PCC plans to continue its programme of local community engagement, increasing HTH’s visibility and building relationships with those in our parish, particularly in its most deprived areas, and with the hope that its residents come to know the love of Jesus.
4
## Holy Trinity Hurdsfield
## PCC members’ annual report
for the year ended 31 December 2022
## **Risk management**
The Governance Sub-Group of the PCC has established a risk management process based on the recommendations of the Charity Commission, which the PCC uses to review managerial priorities and processes.
## **Structure, governance and management**
The PCC is an unincorporated charity, registered as a charity in England and Wales on 26 January 2011. The members of the charity are its trustees, who are the members of the PCC, but this membership entitles them to voting rights only. The trustees have no beneficial interest in the charity, give their time voluntarily and receive no financial benefit from the charity. Members of the PCC are elected from the Electoral Roll, in line with the Church Representation Rules. The PCC encourages all regular church attendees to register on the Electoral Roll.
The PCC has five Sub-Groups:
- Buildings and Grounds
- Kids and Youth
- Pastoral Care
- Mission and Outreach, and
- Governance.
Each Sub-Group brings to the PCC matters requiring attention and decision, and presents an annual report of its progress and plans.
## **Statement of responsibilities of the trustees**
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the period and of its financial position at the end of the period. In preparing financial statements giving a true and fair view, the members of the PCC follow best practice in selecting suitable accounting policies and applying them consistently. These include:
- observing the methods and principles in the Charities SORP;
- making judgements and estimates that are reasonable and prudent;
- stating whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and
- preparing the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The members of the PCC are responsible for keeping proper accounting 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. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The members of the PCC are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
5
## Holy Trinity Hurdsfield
## PCC members’ annual report
for the year ended 31 December 2022
This annual report has been approved by the members of the PCC on 12 May 2023 and signed on their behalf by:
D G Rodwell Treasurer Date: 26/05/23
Reverend J C Gibson
Vicar Date: 25/05/23
6
## Independent examiner’s report
## to the PCC members of
## Holy Trinity Hurdsfield
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2022 which are set out on pages 8 to 22.
## **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 respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not 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 Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which 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 order to enable a proper understanding of the accounts to be reached.
Christy Lau FCCA CTA DChA
Slade & Cooper Limited, Chartered Certified Accountants Beehive Mill, Jersey St, Ancoats, Manchester, M4 6JG
Date 31/05/2023
7
## Holy Trinity Hurdsfield
## Statement of Financial Activities
## for the year ended 31 December 2022
|Unrestricted
funds
Note
£
**Income from:**
Voluntary income
3
186,234
4
4,133
Investment income
5
540
**Total income**
**190,907**
**Expenditure on:**
Church activities
6
200,344
**Total expenditure**
**200,344**
**(9,437)**
Transfer between funds
-
**Net movement in funds for the year**
**(9,437)**
**Reconciliation of funds**
Total funds brought forward
298,200
**Total funds carried forward**
**288,763**
Church activities
**Net income/(expenditure) for the**
**year**|Restricted
funds
£
48,665
19,740
-
**68,405**
43,413
**43,413**
**24,992**
-
**24,992**
213,604
**238,596**|Total funds
2022
£
234,899
23,873
540
**259,312**
243,757
**243,757**
**15,555**
-
**15,555**
511,804
**527,359**|_Total funds_
_2021_
_£_
_401,173_
_12,128_
_589_|
|---|---|---|---|
||||**_413,890_**|
||||_196,071_|
||||**_196,071_**|
||||**_217,819_**
_-_|
||||**_217,819_**
_293,985_|
||||**_511,804_**|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
A full comparative SOFA is available on the last page of the financial statements.
8
## Holy Trinity Hurdsfield
## Balance Sheet
## as at 31 December 2022
|Note
£
£
**Fixed assets**
Tangible assets
12
341,699
**Total fixed assets**
**341,699**
**Current assets**
Debtors and prepayments
13
10,388
Cash at bank and in hand
14
179,066
**Total current assets**
**189,454**
**Liabilities**
Creditors: amounts falling
due in less than one year
15
(3,794)
**Net current assets**
**185,660**
**Net assets**
527,359
**Funds of the PCC:**
Restricted income funds
16
238,596
Unrestricted income funds
17
288,763
**Total PCC funds**
**527,359**
2022|_£_
_£_
_-_
**_-_**
_32,195_
_490,357_
**_522,552_**
_(10,748)_
**_511,804_**
_511,804_
_213,604_
_298,200_
**_511,804_**
_2021_|_£_
_£_
_-_
**_-_**
_32,195_
_490,357_
**_522,552_**
_(10,748)_
**_511,804_**
_511,804_
_213,604_
_298,200_
**_511,804_**
_2021_|
|---|---|---|
|||**_-_**
**_511,804_**|
|||_511,804_|
|||_213,604_
_298,200_|
|||**_511,804_**|
The notes on pages 10 to 22 form part of these accounts.
Approved by the PCC on 12/05/2023 and signed on their behalf by:
Derek Rodwell (Treasurer)
James Gibson (Vicar)
9
Holy Trinity Hurdsfield
Notes to the accounts for the year ended 31 December 2022
## **1 Accounting policies**
The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## **a Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011 and the Church Accounting Regulations 2006 governing the individual accounts of PCCs.
The accounts (financial statements) have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The PCC has applied the exemption available to small charities in the Charities SORP (FRS 102) and does not include a Statement of Cash Flows in these Financial Statements.
The PCC meets the definition of a public benefit entity under FRS102.
The financial statements have been prepared under the historical cost convention except for the valuation of investments assets, which are shown at fair value.
## **b Preparation of the accounts on a going concern basis**
The PCC members consider that there are no material uncertainties about the PCC's ability to continue as a going concern.
There were no financial estimates in place at the accounting date that would cause the PCC to consider the PCC's finances to be anything but adequate for the foreseeable future.
## **c Incoming resources**
Funds raised from events and trading activities are reported gross in the SOFA - i.e., before any related costs that may have been deducted from the gross proceeds.
Collections and planned giving are recognised when received by or on behalf of the PCC.
Gift Aid is included in the SOFA at the same time as the cash donations to which they relate.
The value of any voluntary help received is not included in the accounts.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the PCC; this is normally upon notification of the interest paid or payable by the bank.
10
Holy Trinity Hurdsfield
Notes to the accounts for the year ended 31 December 2022 (continued)
## **d Expenditure and liabilities**
Liabilities are recognised as soon as there is a legal or constructive obligation and settlement is probable and quantifiable.
The Diocesan Quota is accounted for when payable.
## **e Funds**
Unrestricted funds represent the remaining income funds of the PCC that are available for spending on the general purposes of the PCC.
Designated funds are unrestricted funds of the PCC which the PCC has decided at its discretion to set aside to use for a specific purpose.
Restricted funds are donations which the donor has specified are to be solely used for particular areas of the PCC’s work or for specific projects being undertaken by the PCC.
The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of church members.
## **f Tangible fixed assets**
No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. Expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the accounts.
The PCC's policy is to capitalise fixed assets at cost with purchase costs above £2,000 and are depreciated over their estimated useful economic lives on a straight line basis as follows:
Hurdsfield Community Hub building: depreciating over 20 years.
## **g Debtors and prepayments**
Prepayments are valued at the amount prepaid net of any trade discounts due.
Amounts recoverable from HMRC as regards Gift-aided donations received.
## **h Cash at bank and in hand**
Cash at bank and in hand includes cash held at the bank and at the building society.
## **i Financial instruments**
The PCC only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **j Pensions**
Employees of the PCC are entitled to join a defined contribution ‘money purchase’ scheme. The PCC’s contribution is restricted to the contributions disclosed in note 9. There were outstanding contributions totalling £258 at the year end (2021: £220).
11
Holy Trinity Hurdsfield
Notes to the accounts for the year ended 31 December 2022 (continued)
## **2 Legal status of the PCC**
The PCC is an unincorporated charity, registered as a charity in England & Wales on 26 January 2011.
## **3 Voluntary Income**
|Planned Giving:
Regular Gift-aided giving
Other Gift-aided donations
Other tax-efficient giving
Non Gift-aided giving
Collections at services:
Loose plate collections
All other giving:
Projects
Other
Legacies
**Total**
_Planned Giving:_
_Regular Gift-aided giving_
_Other Gift-aided donations_
_Other tax-efficient giving_
_Non Gift-aided giving_
_Collections at services:_
_Loose plate collections_
_All other giving:_
_Projects_
_Other_
_Legacies_
**_Total_**
Tax recoverable on Gift-aided
giving
_Tax recoverable on Gift-aided_
_giving_
**_Previous reporting_**
**_period_**
**Current reporting**
**period**|Unrestricted
£
111,420
1,440
28,694
23,496
7,840
1,910
-
10,593
841
186,234
_Unrestricted_
_£_
_111,186_
_3,420_
_29,949_
_26,056_
_11,094_
_511_
_-_
_8,643_
_82,500_
_273,359_|Restricted
£
-
-
-
-
-
-
46,845
1,820
-
48,665
_Restricted_
_£_
_-_
_-_
_-_
_-_
_100_
_-_
_127,714_
_-_
_-_
_127,814_|Total 2022
£
111,420
1,440
28,694
23,496
7,840
1,910
46,845
12,413
841|
|---|---|---|---|
||||234,899|
||||_Total 2021_
_£_
_111,186_
_3,420_
_29,949_
_26,056_
_11,194_
_511_
_127,714_
_8,643_
_82,500_|
||||_401,173_|
12
Holy Trinity Hurdsfield
## Notes to the accounts for the year ended 31 December 2022 (continued)
## **4 Income from church activities**
|Wedding and funeral fees
Grants
Hope in North East Cheshire
Macclesfield Council
Beatrice Laing Trust
Howdens
_Wedding and funeral fees_
_Grants_
_Cheshire East BC_
_Hope in North East Cheshire_
**Investment income**
Income from bank deposits
**Current reporting**
**period**
**_Previous reporting_**
**_period_**|Unrestricted
£
4,133
-
-
-
-
4,133
_Unrestricted_
_£_
_6,628_
_-_
_-_
_6,628_|Restricted
£
-
12,500
1,940
5,000
300
19,740
_Restricted_
_£_
_-_
_500_
_5,000_
_5,500_
2022
£
540
540|Total 2022
£
4,133
12,500
1,940
5,000
300|
|---|---|---|---|
||||23,873|
||||_Total 2021_
_£_
_6,628_
_500_
_5,000_|
||||_12,128_|
||||_2021_
_£_
_589_|
||||_589_|
## **5 Investment income**
All investment income is unrestricted.
13
Holy Trinity Hurdsfield
Notes to the accounts for the year ended 31 December 2022 (continued)
## **6 Analysis of expenditure on church activities**
|Mission and charity giving
Diocesan contribution
Wedding and funeral fees
Overhead costs
Buildings and grounds maintenance
Worship
Kids, youth and families
Local mission and evangelism
Our people
Project expenditure
Depreciation
_Mission and charity giving_
_Diocesan contribution_
_Wedding and funeral fees_
_Overhead costs_
_Buildings and grounds maintenance_
_Worship_
_Kids, youth and families_
_Local mission and evangelism_
_Our people_
_Project expenditure_
Restricted expenditure
Unrestricted expenditure
Church office
_Church office_
**_Previous reporting_**
**_period_**
**Current reporting**
**period**|Unrestricted
£
24,005
56,397
2,500
11,461
4,373
18,456
3,108
3,721
3,322
71,041
60
1,900
200,344
_Unrestricted_
_£_
_21,887_
_55,154_
_3,752_
_17,247_
_6,170_
_19,998_
_970_
_2,540_
_2,924_
_48,257_
_157_
_179,056_|Restricted
£
1,820
-
-
6,167
-
-
-
-
-
-
31,535
3,891
43,413
_Restricted_
_£_
_100_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_5,000_
_11,915_
_17,015_
2022
£
43,413
200,344
243,757|Total 2022
£
25,825
56,397
2,500
17,628
4,373
18,456
3,108
3,721
3,322
71,041
31,595
5,791|
|---|---|---|---|
||||243,757|
||||_Total 2021_
_£_
_21,987_
_55,154_
_3,752_
_17,247_
_6,170_
_19,998_
_970_
_2,540_
_2,924_
_53,257_
_12,072_|
||||_196,071_|
||||_2021_
_£_
_17,015_
_179,056_|
||||_196,071_|
14
Holy Trinity Hurdsfield
Notes to the accounts for the year ended 31 December 2022 (continued)
## **7 Net income/(expenditure) for the year**
|This is stated after charging/(crediting):|2022|_2021_|
|---|---|---|
||£|_£_|
|Operating lease rentals:|||
|Other|1|1|
|Independent examiner's fees (net):|||
|Bookkeeping|2,400|_3,600_|
|Accountancy fees|900|_900_|
|Independent examination|250|_250_|
## **8 Mission and charity giving**
|Bron and Colin Cleaver
Johnny and Ann McClean
Tearfund
Martin and Hilary Raymond
Hope in NE Cheshire
Cre8 Macclesfield
The Message Trust
New Wine
Just Drop-In
Good News for Everyone
Evangelical Alliance
Community support
Hope Centre
Open Doors
Simeons
Community project
Other mission giving|2022
£
5,500
2,000
4,000
3,500
250
2,200
1,250
500
500
200
200
1,545
-
1,050
200
1,000
1,930
25,825|_2021_
_£_
_5,850_
_2,100_
_3,200_
_3,250_
_800_
_2,250_
_1,500_
_500_
_300_
_200_
_100_
_987_
_200_
_-_
_-_
_-_
_-_|
|---|---|---|
|||_21,237_|
15
Notes to the accounts for the year ended 31 December 2022 (continued)
## Holy Trinity Hurdsfield
## **9 Staff costs**
Staff costs during the year were as follows:
|ff costs during the year were as follows:|||
|---|---|---|
|Wages and salaries
Pension costs
Training
Staff expenses and other|2022
£
60,687
1,697
1,496
7,161
71,041|_2021_
_£_
_49,237_
_1,303_
_1,455_
_1,262_|
|||_53,257_|
No employee has employee benefits in excess of £60,000 (2021: nil).
The average number of staff employed during the period was 4 (2021: 3).
The key management personnel of the church comprises the PCC members and the vicar. There were no employee benefits paid to the key management personnel of the church in 2022 (2021: nil).
## **10 PCC members' remuneration and expenses, and related party transactions**
Jennie Frost joined the staff in 2021 and is married to HTH’s curate, Rev Jonny Frost, who is a member of the PCC. Jennie’s earnings (gross) came to £8,213 in 2022 (2021: £2,454).
£1,200 was received by Rev James Gibson from the PCC for providing accommodation to one of the church’s interns from September to December 2022.
There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.
No PCC member or other person related to the PCC had any personal interest in any contract or transaction entered into by the PCC, including guarantees, during the year (2021: nil).
## **11 Government grants**
The government grants recognised in the accounts were as follows:
|Cheshire East Council
Macclesfield Council|2022
£
-
1,940
1,940|_2021_
_£_
_500_
_-_|
|---|---|---|
|||_500_|
16
## Holy Trinity Hurdsfield
## Notes to the accounts for the year ended 31 December 2022 (continued)
## **12 Fixed assets: tangible assets**
|**Cost**
Additions
**Depreciation**
Charge for the year
**Net book value**
**13**
**Debtors and prepayments**
Tax Recoverable on Gift Aid
Prepayments and accrued income
**14**
**Cash at bank and in hand**
Cash at bank and on hand
**15**
**Creditors: amounts falling due within one year**
Other creditors and accruals
At 1 January 2022
At 31 December 2022
At 1 January 2022
At 31 December 2022
At 31 December 2022
_At 31 December 2021_|Hurdsfield
Community
Hub
Building
£
-
347,490
347,490
-
5,791
5,791
341,699
_-_
2022
£
9,428
960
10,388
2022
£
179,066
179,066
2022
£
3,794
3,794|Total
£
-
347,490|
|---|---|---|
|||347,490|
|||-
5,791|
|||5,791|
|||341,699|
|||_-_|
|||_2021_
_£_
_31,929_
_266_|
|||_32,195_|
|||_2021_
_£_
_490,357_|
|||_490,357_|
|||_2021_
_£_
_10,748_|
|||_10,748_|
17
## Holy Trinity Hurdsfield
## Notes to the accounts for the year ended 31 December 2022 (continued)
## **16 Analysis of movements in restricted funds**
|Peaced Together
Macclesfield Council
Other
Total
_Peaced Together_
_Other_
_Total_
**_Previous reporting_**
**_period_**
Building for the
Future Project
_Building for the_
_Future Project_
_Covid-19_
_Hope in NE_
_Cheshire_
Hope in NE
Cheshire|Balance at
1 January
2022
£
867
212,737
-
-
-
213,604
_Balance at_
_1 January_
_2021_
_£_
_867_
_96,438_
_-_
_-_
_-_
_97,305_|Income
£
-
52,145
12,500
1,940
1,820
68,405
_Income_
_£_
_-_
_127,714_
_500_
_5,000_
_100_
_133,314_|Expenditure
£
(125)
(35,301)
(5,521)
(646)
(1,820)
(43,413)
_Expenditure_
_£_
_-_
_(11,415)_
_(500)_
_(5,000)_
_(100)_
_(17,015)_|Transfers
£
-
-
-
-
-
-
_Transfers_
_£_
_-_
_-_
_-_
_-_
_-_
_-_|As at 31
December
2022
£
742
229,581
6,979
1,294
-|
|---|---|---|---|---|---|
||||||238,596|
||||||_As at 31_
_December_
_2021_
_£_
_867_
_212,737_
_-_
_-_
_-_|
||||||_213,604_|
18
Holy Trinity Hurdsfield
Notes to the accounts for the year ended 31 December 2022 (continued)
## **16 Analysis of movements in restricted funds (continued)**
## **Purposes of restricted funds**
## **Peaced Together**
A project encouraging social interaction using the creative arts.
## **Building for the Future**
A substantial integrated project involving creating a new building to replace the classroom and church office; an improved site and welcome; and some more resource to grow the church’s ministry.
**Hope in NE Cheshire** For support provided in the response to Covid-19, and to continue the development of the Volunteer Coordination Points (VCPs).
**Macclesfield Council** This was a gift towards the community engagement project including the provision of community meals.
## **Other**
Other restricted income.
19
## Holy Trinity Hurdsfield
## Notes to the accounts for the year ended 31 December 2022 (continued)
## **17 Analysis of movement in unrestricted funds**
|**Current reporting**
**period**
BFTF
Development Fund
_Development Fund_
**_Previous reporting_**
**_period_**
_General Fund_
General Fund
_BFTF_
BFTF - Building Fund|Balance at
1 January
2022
£
105,200
173,000
-
20,000
298,200
_Balance at_
_1 January_
_2021_
_£_
_101,680_
_75,000_
_20,000_
_196,680_|Income
£
190,907
-
-
190,907
_Income_
_£_
_280,576_
_-_
_-_
_280,576_|Expenditure
£
(86,326)
(114,018)
-
(200,344)
_Expenditure_
_£_
_(179,056)_
_-_
_-_
_(179,056)_|Transfers
£
(103,436)
(8,682)
112,118
-
-
_Transfers_
_£_
_(98,000)_
_98,000_
_-_
_-_|As at 31
December
2022
£
106,345
50,300
112,118
20,000|
|---|---|---|---|---|---|
||||||288,763|
||||||_As at 31_
_December_
_2021_
_£_
_105,200_
_173,000_
_20,000_|
||||||_298,200_|
## **Name of Description, nature and purposes of the fund unrestricted fund**
General Fund The free reserves after allowing for all designated funds.
BFTF A substantial integrated project involving creating a new building to replace the classroom and church office; an improved site and welcome; and some more resource to grow the church’s ministry.
BFTF - Building Fund The net book value of the building (excludes the asset value in restricted funds), as these funds are not freely available for the church's operations.
Development Fund For major repairs and developments, beyond routine maintenance, of HTH's Early Victorian church building.
20
## Holy Trinity Hurdsfield
## Notes to the accounts for the year ended 31 December 2022 (continued)
## **18 Analysis of net assets between funds**
|Tangible fixed assets
Fixed asset investments
Other net current assets/(liabilities)
Total
_Other net current assets/(liabilities)_
_Total_
**_Previous reporting_**
**_period_**
**Current reporting**
**period**|General
fund
£
341,699
-
(235,354)
106,345
_General_
_fund_
_£_
_105,200_
_105,200_|Designated
funds
£
-
-
182,418
182,418
_Designated_
_funds_
_£_
_193,000_
_193,000_|Restricted
funds
£
-
-
238,596
238,596
_Restricted_
_funds_
_£_
_213,604_
_213,604_|Total
£
341,699
185,660|
|---|---|---|---|---|
|||||527,359|
|||||_Total_
_£_
_511,804_|
|||||_511,804_|
## **19 Operating lease commitments**
The PCC's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods:
|Less than one year
One to five years
Over five years|2022
_2021_
£
_£_
1
_1_
5
_5_
41
_42_
47
_48_
Car Park|2022
_2021_
£
_£_
1
_1_
5
_5_
41
_42_
47
_48_
Car Park|
|---|---|---|
|||_48_|
21
## Holy Trinity Hurdsfield
## Statement of Financial Activities for the year ended 31 December 2021
|Unrestricted
funds
Note
£
**Income from:**
Voluntary income
3
273,359
4
6,628
Investment income
5
589
**Total income**
**280,576**
**Expenditure on:**
Church activities
6
179,056
**Total expenditure**
**179,056**
**101,520**
Transfer between funds
-
**Net movement in funds for the year**
**101,520**
**Reconciliation of funds**
Total funds brought forward
196,680
**Total funds carried forward**
**298,200**
**Net income/(expenditure) for the**
**year**
Church activities|Restricted
funds
£
127,814
5,500
-
**133,314**
17,015
**17,015**
**116,299**
-
**116,299**
97,305
**213,604**|Total funds
2021
£
401,173
12,128
589
**413,890**
196,071
**196,071**
**217,819**
-
**217,819**
293,985
**511,804**|_Total funds_
_2020_
_£_
_335,392_
_36,313_
_296_|
|---|---|---|---|
||||**_372,001_**|
||||_253,170_|
||||**_253,170_**|
||||**_118,831_**
_-_|
||||**_118,831_**
_175,154_|
||||**_293,985_**|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
22