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 2023
## Holy Trinity Hurdsfield
## Reference and administrative information
## for the year ended 31 December 2023
## **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 (to 21 May 2023) Richard Heathcote Churchwarden Sue Warham Churchwarden (from 21 May 2023) Hellen Watson Deanery Synod Representative John Burt Chris Cottom PCC Secretary Tony Ho (from 21 May 2023) Michael James Anne Marriott Pip Mosscrop Ogbeialu Nkochi-Nwankwo Rachel Riley (from 21 May 2023) Derek Rodwell PCC Treasurer John Vincent (to 21 May 2023) **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 2023
The PCC presents its report and the unaudited financial statements for the year ended 31 December 2023.
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:
- seen lots of new people worshipping with us regularly
- helped to reduce loneliness in our parish through our various community initiatives, and
- received significant donations and pledges to fund our ongoing Community Programme.
## **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 145 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.
## **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 four groups for kids and youth:
2
## Holy Trinity Hurdsfield
## PCC members’ annual report
## for the year ended 31 December 2023
- A baby corner with toys for pre-school kids and a sofa for their parents and carers
- 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 2023, starting each meeting with prayer and reflection, followed by consideration 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. In addition to the church services already mentioned, our activities in 2023 included the following.
## **Kids**
- Hurdsfield Tots: our weekly term-time group for pre-school kids, their parents and carers.
- Leading assemblies at Hurdsfield and Puss Bank Primary Schools.
- Weekly one-to-one reading with about 40 kids with at Hurdsfield Primary School.
- Our curate and our youth minister joining some 15 kids a week at a breakfast club at Hurdsfield Primary School.
- Our youth minister joining Hurdsfield Primary School’s year 6 residential trip, and supporting other trips.
- Easter Trail.
- Messy Harvest craft afternoon.
- A Light Party for primary-age kids, as an alternative to Halloween.
- Our kids groups filling shoeboxes with gifts for children in Ukraine.
- Nativity trail.
## **Youth**
- Pathfinders: our weekly term-time early Sunday evening group for years 6-9.
- Fusion: our weekly term-time Sunday evening group for years 10-13.
- Taking 23 young people to the Limitless Christian Festival.
- Our youth minister helping to lead a weekend away at The Quinta (Christian conference centre in Shropshire) organised by two other churches, and taking four young people from HTH.
- AMPLIFIED youth worship events, in partnership with other local churches.
- AMPLIFIED silent disco.
- AMPLIFIED paint party in our church grounds (throwing powdered paint at each other).
- Our youth minister supporting the Christian Union at Tytherington High School and regularly joining its meetings.
- Youth groups bonfire.
- Supporting and resourcing other local churches through the Hope Youth Forum, including hosting training and conversations around the principles of youthwork.
- Providing a mentor for three young people to meet regularly.
- Our Fusion group packing hampers to bless particular people in our church family at Christmas.
3
## Holy Trinity Hurdsfield
## PCC members’ annual report
## for the year ended 31 December 2023
## **Community**
- Visiting those who have recently been bereaved.
- Visiting or telephoning 15-20 people each week who are housebound or otherwise isolated.
- Visiting everyone moving onto a large new estate in the parish, with a welcome pack of church and community information and some homemade cake.
- Weekly litter picking around the parish.
- Monthly evening community meal for invited local residents.
- Weekly Drop In, providing company, refreshments, chat, games, and help with day-to-day matters like filling in forms.
- Weekly food pantry (in conjunction with another charity, Cre8 Macclesfield), where Hurdsfield residents receive surplus food at very low cost.
- Emergency food and clothing vouchers for those in desperate need through, for example, homelessness or benefits’ sanctions.
- Collecting donations of food for the Silklife Foodbank.
- Giving some 40 Christmas hampers to local households in need.
- Taking an HTH Christmas card to every home in Hurdsfield.
## **Other services**
- Good Friday guided reflections in church.
- Baptism service for three young people.
- Joining other Macclesfield churches for an open-air service in the town centre.
- Taking Home Communion to the housebound.
- Carol service in church.
- Congregation-in-costume nativity service.
- Cupcake Christingle service.
## **Prayer**
- Evening prayer gatherings for the whole church to come together to pray.
- Prayer ministry team meeting before our 10:30 am service to listen to God and pray; then available to pray with anyone towards the end of the service.
- More than a dozen small groups meeting weekly for fellowship, worship, Bible study and prayer, and including a large daytime group for older and retired people.
- Turning our vestry into a prayer room as part of wider Christian initiatives like the Season of Creation and Thy Kingdom Come.
- HTH News (our weekly email with more than 200 subscribers) includes a prayer diary, requesting prayer for specific individuals and situations.
## **Discipleship and mission**
- Holding a Safeguarding Sunday to highlight how seriously we take the safety of all U18s and adults, with all volunteers, including all PCC members, being DBS checked and taking C of E safeguarding training.
- Working with eight other local Anglican churches in the Macclesfield Anglican Churches Revitalisation Initiative towards a Christ-centred, mission-focussed, integrated Anglican organisation in Macclesfield.
- Allocating 10% of our unrestricted income (money not donated for specific purposes) as part of the way we support a number of mission partners working locally and around the world.
4
## Holy Trinity Hurdsfield
## PCC members’ annual report
## for the year ended 31 December 2023
## **Social**
- Quiz night in aid of Tearfund.
- Board games afternoons.
- Craft afternoon for women.
- Post-service picnics in our local park and our church building.
- A Welcome Tea for people new to our church.
## **And**
- Managing to do all this while releasing our vicar for a well-earned three-month sabbatical.
## **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 2023 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 2023.
There was an overall surplus for the year of £17,646, comprising a surplus of £18,816 on unrestricted activities and a deficit from restricted activities of £1,170. Total unrestricted income came to £231,025, compared to £190,907 in 2022.
The PCC's total net assets on 31 December 2023 were £545,005 (2022 was £527,359). The year ended with a balance of £237,426 of restricted funds, nearly all of which (£218k) were represented by the 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 2023 levels of expenditure this would mean a target of £53k. Free reserves at the end of 2023 totalled £178k including designated funds (see note 18 for details). General funds, not designated to any projects, totalled £130k, which is over six months of anticipated unrestricted expenditure.
## **Remuneration policy for key management personnel**
During 2023 the PCC employed five people: a youth minister, two part-time kids’ ministers, a part-time church administrator, and part-time church cleaner. The PCC establishes their employment conditions and reviews their salaries annually.
5
## Holy Trinity Hurdsfield
## PCC members’ annual report
## for the year ended 31 December 2023
## **Plans**
In 2024 the PCC intends to invest significantly in expanding HTH’s programme of local community engagement, enabling it to:
- sustain and grow the relationships the church has already established, particularly in the parish’s most deprived areas
- involve volunteers more widely
- extend its visiting and telephone befriending programme
- support more families with children, including through Hurdsfield Primary School
- extend the weekly Drop In and Food Pantry and the monthly Community Meal, and
- build the capacity of the church’s Love and Support team in helping more people introduced through these community initiatives.
Through increasing HTH’s visibility in this way the PCC hopes that more Hurdsfield residents will come to know the love of Jesus.
## **Risk management**
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 a body corporate (PCC Powers Measure 1956, Church Representation Rules 2022) and was 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 four Sub-Groups:
- Buildings and Grounds
- Kids and Youth
- Mission and Community Outreach, and
- Pastoral Care and Small Groups.
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;
6
## Holy Trinity Hurdsfield
## PCC members’ annual report
## for the year ended 31 December 2023
- 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.
This annual report has been approved by the members of the PCC on 18 March 2024 and signed on their behalf by:
D G Rodwell Reverend J C Gibson Treasurer Vicar 18/03/2024 18/03/2024
7
## 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 2023 which are set out on pages 9 to 23.
## **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**
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
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
17 April 2024
8
## Holy Trinity Hurdsfield
## Statement of Financial Activities
## for the year ended 31 December 2023
|Unrestricted
funds
Note
£
**Income from:**
Voluntary income
3
209,670
4
17,502
Investment income
5
3,853
**Total income**
**231,025**
**Expenditure on:**
Church activities
6
212,209
**Total expenditure**
**212,209**
**18,816**
Transfer between funds
-
**Net movement in funds for the year**
**18,816**
**Reconciliation of funds**
Total funds brought forward
288,763
**Total funds carried forward**
**307,579**
Church activities
**Net income/(expenditure) for the**
**year**|Restricted
funds
£
15,650
12,500
-
**28,150**
29,320
**29,320**
**(1,170)**
-
**(1,170)**
238,596
**237,426**|Total funds
2023
£
225,320
30,002
3,853
**259,175**
241,529
**241,529**
**17,646**
-
**17,646**
527,359
**545,005**|_Total funds_
_2022_
_£_
_225,552_
_33,220_
_540_|
|---|---|---|---|
||||**_259,312_**|
||||_243,757_|
||||**_243,757_**|
||||**_15,555_**
_-_|
||||**_15,555_**
_511,804_|
||||**_527,359_**|
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.
9
## Holy Trinity Hurdsfield
## Balance Sheet
## as at 31 December 2023
|Note
£
£
**Fixed assets**
Tangible assets
12
347,187
**Total fixed assets**
**347,187**
**Current assets**
Debtors and prepayments
13
14,601
Cash at bank and in hand
14
186,109
**Total current assets**
**200,710**
**Liabilities**
Creditors: amounts falling
due in less than one year
15
(2,892)
**Net current assets**
**197,818**
**Net assets**
545,005
**Funds of the PCC:**
Restricted income funds
16
237,426
Unrestricted income funds
17
307,579
**Total PCC funds**
**545,005**
2023|_£_
_£_
_341,699_
**_341,699_**
_10,388_
_179,066_
**_189,454_**
_(3,794)_
**_185,660_**
_527,359_
_238,596_
_288,763_
**_527,359_**
_2022_|_£_
_£_
_341,699_
**_341,699_**
_10,388_
_179,066_
**_189,454_**
_(3,794)_
**_185,660_**
_527,359_
_238,596_
_288,763_
**_527,359_**
_2022_|
|---|---|---|
|||**_341,699_**
**_185,660_**|
|||_527,359_|
|||_238,596_
_288,763_|
|||**_527,359_**|
The notes on pages 11 to 23 form part of these accounts.
Approved by the PCC on 18 March 2024 and signed on their behalf by:
Derek Rodwell (Treasurer)
James Gibson (Vicar)
10
Holy Trinity Hurdsfield
Notes to the accounts for the year ended 31 December 2023
## **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.
11
Holy Trinity Hurdsfield
Notes to the accounts for the year ended 31 December 2023 (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.
12
Holy Trinity Hurdsfield
Notes to the accounts for the year ended 31 December 2023 (continued)
## **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 £157 at the year end (2022: £258).
## **2 Legal status of the PCC**
The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2022) and was registered as a charity in England and 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
**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_**
**Current reporting**
**period**
Tax recoverable on Gift-aided
giving
_Tax recoverable on Gift-aided_
_giving_
**_Previous reporting_**
**_period_**|Unrestricted
£
119,943
10,323
33,634
26,333
15,250
4,187
-
-
209,670
_Unrestricted_
_£_
_111,420_
_1,440_
_28,694_
_23,496_
_7,840_
_1,910_
_-_
_1,246_
_841_
_176,887_|Restricted
£
-
-
-
-
-
-
14,500
1,150
15,650
_Restricted_
_£_
_-_
_-_
_-_
_-_
_-_
_-_
_46,845_
_1,820_
_-_
_48,665_|Total 2023
£
119,943
10,323
33,634
26,333
15,250
4,187
14,500
1,150|
|---|---|---|---|
||||225,320|
||||_Total 2022_
_£_
_111,420_
_1,440_
_28,694_
_23,496_
_7,840_
_1,910_
_46,845_
_3,066_
_841_|
||||_225,552_|
13
Holy Trinity Hurdsfield
## Notes to the accounts for the year ended 31 December 2023 (continued)
## **4 Income from church activities**
|Wedding and funeral fees
Grants
CCF foundation- Cost of living
CCF foundation- Fund it Forward
Other
_Wedding and funeral fees_
_Grants_
_Hope in North East Cheshire_
_Macclesfield Council_
_Beatrice Laing Trust_
_Howdens_
_Other_
**Investment income**
Income from bank deposits
**Current reporting**
**period**
**_Previous reporting_**
**_period_**|Unrestricted
£
4,739
12,763
17,502
_Unrestricted_
_£_
_4,133_
_-_
_-_
_-_
_-_
_9,347_
_13,480_|Restricted
£
-
2,500
10,000
-
12,500
_Restricted_
_£_
_-_
_12,500_
_1,940_
_5,000_
_300_
_-_
_19,740_
2023
£
3,853
3,853|Total 2023
£
4,739
2,500
10,000
12,763|
|---|---|---|---|
||||30,002|
||||_Total 2022_
_£_
_4,133_
_12,500_
_1,940_
_5,000_
_300_
_9,347_|
||||_33,220_|
||||_2022_
_£_
_540_|
||||_540_|
## **5 Investment income**
All investment income is unrestricted.
14
Holy Trinity Hurdsfield
## Notes to the accounts for the year ended 31 December 2023 (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_
_Depreciation_
Restricted expenditure
Unrestricted expenditure
**Current reporting**
**period**
Church office
_Church office_
**_Previous reporting_**
**_period_**|Unrestricted
£
22,025
58,088
3,034
16,824
3,735
12,554
3,329
3,270
1,073
64,072
17,128
7,077
212,209
_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_|Restricted
£
6,087
-
-
-
-
-
-
-
2,158
9,145
-
11,930
29,320
_Restricted_
_£_
_1,820_
_-_
_-_
_6,167_
_-_
_-_
_-_
_-_
_-_
_-_
_31,535_
_3,891_
_43,413_
2023
£
29,320
212,209
241,529|Total 2023
£
28,112
58,088
3,034
16,824
3,735
12,554
3,329
3,270
3,231
73,217
17,128
19,007|
|---|---|---|---|
||||241,529|
||||_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_|
||||_2022_
_£_
_43,413_
_200,344_|
||||_243,757_|
15
Holy Trinity Hurdsfield
## Notes to the accounts for the year ended 31 December 2023 (continued)
## **7 Net income/(expenditure) for the year**
|This is stated after charging/(crediting):|2023|_2022_|
|---|---|---|
||£|_£_|
|Operating lease rentals:|||
|Other|1|1|
|Independent examiner's fees (net):|||
|Bookkeeping|-|_2,400_|
|Accountancy fees|970|_900_|
|Independent examination|270|_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
Open Doors
Simeons Trust
Silk Life Church
Community Programme
Other mission giving|2023
£
6,500
2,000
3,000
2,500
325
2,700
1,600
500
500
200
200
-
1,100
200
4,812
-
1,975
28,112|_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_|
16
## Holy Trinity Hurdsfield
## Notes to the accounts for the year ended 31 December 2023 (continued)
## **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|2023
£
61,989
1,434
1,060
8,734
73,217|_2022_
_£_
_60,687_
_1,697_
_1,496_
_7,161_|
|||_71,041_|
No employee has employee benefits in excess of £60,000 (2022: nil).
The average number of staff employed during the period was 4 (2022: 4).
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 2023 (2022: 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 £9,614 in 2023 (2022: £8,213).
£1,750 was received by Rev James Gibson from the PCC for providing accommodation to one of the church’s interns during the year (2022: £1,200, 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 (2022: nil).
## **11 Government grants**
The government grants recognised in the accounts were as follows:
|Macclesfield Council|2023
£
-
-|_2022_
_£_
_1,940_|
|---|---|---|
|||_1,940_|
17
## Holy Trinity Hurdsfield
## Notes to the accounts for the year ended 31 December 2023 (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 31 December 2023
At 1 January 2023
At 31 December 2023
At 1 January 2023
At 31 December 2023
_At 31 December 2022_|Hurdsfield
Community
Hub
Building
£
347,490
24,495
371,985
5,791
19,007
24,798
347,187
_341,699_
2023
£
10,486
4,115
14,601
2023
£
186,109
186,109
2023
£
2,892
2,892|Total
£
347,490
24,495|
|---|---|---|
|||371,985|
|||5,791
19,007|
|||24,798|
|||347,187|
|||_341,699_|
|||_2022_
_£_
_9,428_
_960_|
|||_10,388_|
|||_2022_
_£_
_179,066_|
|||_179,066_|
|||_2022_
_£_
_3,794_|
|||_3,794_|
18
## Holy Trinity Hurdsfield
## Notes to the accounts for the year ended 31 December 2023 (continued)
## **16 Analysis of movements in restricted funds**
|Peaced Together
Other
Total
_Peaced Together_
_Other_
_Total_
**_Previous reporting_**
**_period_**
BFTF- hub net asset
_BFTF- hub net_
_asset_
_Hope in NE_
_Cheshire_
_Community_
_Programme_
Hope in NE
Cheshire
Community
Programme|Balance at
1 January
2023
£
742
229,581
6,979
1,294
-
238,596
_Balance at_
_1 January_
_2022_
_£_
_867_
_212,737_
_-_
_-_
_-_
_213,604_|Income
£
-
-
-
27,000
1,150
28,150
_Income_
_£_
_-_
_52,145_
_12,500_
_1,940_
_1,820_
_68,405_|Expenditure
£
(125)
(11,930)
(6,979)
(9,136)
(1,150)
(29,320)
_Expenditure_
_£_
_(125)_
_(35,301)_
_(5,521)_
_(646)_
_(1,820)_
_(43,413)_|Transfers
£
-
-
-
-
-
-
_Transfers_
_£_
_-_
_-_
_-_
_-_
_-_
_-_|As at 31
December
2023
£
617
217,651
-
19,158
-|
|---|---|---|---|---|---|
||||||237,426|
||||||_As at 31_
_December_
_2022_
_£_
_742_
_229,581_
_6,979_
_1,294_
_-_|
||||||_238,596_|
19
Holy Trinity Hurdsfield
Notes to the accounts for the year ended 31 December 2023 (continued)
## **16 Analysis of movements in restricted funds (continued)**
**Purposes of restricted funds**
**Peaced Together** A project encouraging social interaction using the creative arts.
## **BFTF- hub net asset**
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. The net book value of the building (the residual asset value in designated funds), as these funds are not freely available for the church's operations.
**Hope in NE Cheshire** For support provided in the response to Covid-19, and to continue the development of the Volunteer Coordination Points (VCPs).
**Community Programme** The aim of the project is to increase the churches engagement with the local community. Gifts and grants were received in 2023 to enable this work to be expanded in 2024.
## **Other**
Other restricted income.
20
## Holy Trinity Hurdsfield
## Notes to the accounts for the year ended 31 December 2023 (continued)
## **17 Analysis of movement in unrestricted funds**
|Development Fund
_Development Fund_
**_Previous reporting_**
**_period_**
_General Fund_
**Current reporting**
**period**
BFTF
Net Zero Fund
General Fund
BFTF- hub net asset
_BFTF- hub net asset_
_BFTF_|Balance at
1 January
2023
£
106,345
50,300
112,118
20,000
-
288,763
_Balance at_
_1 January_
_2022_
_£_
_105,200_
_173,000_
_-_
_20,000_
_298,200_|Income
£
231,025
-
-
-
-
231,025
_Income_
_£_
_190,907_
_-_
_-_
_190,907_|Expenditure
£
(169,859)
(42,350)
-
-
-
(212,209)
_Expenditure_
_£_
_(86,326)_
_(114,018)_
_-_
_(200,344)_|Transfers
£
(37,418)
-
17,418
-
20,000
-
_Transfers_
_£_
_(103,436)_
_(8,682)_
_112,118_
_-_
_-_|As at 31
December
2023
£
130,093
7,950
129,536
20,000
20,000|
|---|---|---|---|---|---|
||||||307,579|
||||||_As at 31_
_December_
_2022_
_£_
_106,345_
_50,300_
_112,118_
_20,000_|
||||||_288,763_|
## **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- hub net asset 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.
Net Zero Fund For working towards becoming net carbon neutral.
21
## Holy Trinity Hurdsfield
## Notes to the accounts for the year ended 31 December 2023 (continued)
## **18 Analysis of net assets between funds**
|Tangible fixed assets
Fixed asset investments
Other net current assets/(liabilities)
Total
_Tangible fixed assets_
_Fixed asset investments_
_Other net current assets/(liabilities)_
_Total_
**_Previous reporting_**
**_period_**
**Current reporting**
**period**|General
fund
£
-
-
130,093
130,093
_General_
_fund_
_£_
_-_
_-_
_106,345_
_106,345_|Designated
funds
£
129,536
-
47,950
177,486
_Designated_
_funds_
_£_
_112,118_
_-_
_70,300_
_182,418_|Restricted
funds
£
217,651
-
19,775
237,426
_Restricted_
_funds_
_£_
_229,581_
_-_
_9,015_
_238,596_|Total
£
347,187
197,818|
|---|---|---|---|---|
|||||545,005|
|||||_Total_
_£_
_341,699_
_185,660_|
|||||_527,359_|
## **19 Operating lease commitments**
The PCC's total future minimum lease payments under non-cancellable operating leases are as follows for each of the following periods:
|Less than one year
One to five years
Over five years|2023
_2022_
£
_£_
1
_1_
5
_5_
40
_41_
46
_47_
Car Park|2023
_2022_
£
_£_
1
_1_
5
_5_
40
_41_
46
_47_
Car Park|
|---|---|---|
|||_47_|
22
## 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**
**Net income/(expenditure) for the**
**year**
Church activities|Restricted
funds
£
48,665
19,740
-
**68,405**
43,413
**43,413**
**24,992**
-
**24,992**
213,604
**238,596**|Total funds
2022
£
225,552
33,220
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.
23