Parochial Church Council of the Ecclesiastical Parish of Nelson, Little Marsden 2023 Report and Accounts Registered Charity Number 1141710
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLEsIAfllcAL PARISH OF NESLON, UThLE MARSDEN Contents Trustees Annual Report for the Parochial Church Council of Nelson Little Marsden.. Independent Examiners, Report...........................................................-.....-.............-..-..-............................................. RECEIPTS AND PAYMENTSACCOU.............................................................. STATEME OF ASSETS AND LIABILITIES... NOTES TO THE FINANCIALSTATEMENTS...... Accounting Policies................................................................. Movement in designated and restricted funds during the year..................................................................... Further Analysis of Receipts...-..................-......-............................................................................................11 Further Analysis of Payments........................... .12
THE PAROCHIAL CHURCH QOUNCIL OF THE ECCLESIASTICAL PARISH OF NESLON, uLE MARSDEN Trustees Annual Rewrt for the Parochial Church Council of Nelson Lrrtle Marsden Aims and Purposes Ne150n Little Marsden Parochial Church Council IPCCI is responsible for cooperating with the Incumbent, the Revd Guy Jamieson, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social, and ecumenical. The PCC is also responsible forthe maintenance and insurance of St Paul's Church and that of St Mary's Worship Centre. Objertives and Activities The PCC is committed to enabling as many people as possible to worship in our churches and to become part of the Little Marsden parish community. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups living in our parish. Our worship seeks to grow in the love Christ has made possible. When planning our activtties forthe year, we have considered the Chartty Commission's guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. In keeping with the Diocesan initiative, "Vision 2026" our objectives can be summarised as the growth of the Church in missionary service amongst the parish neighbourhood. Wicar's Report I'm proud to say that as of last year, I have broken the record for the longest-surviving Incumbent since the retirement of Canon John Lee. Thank you for putting up with me111 but what a different world and parish we are living in today. l imagine he would have been sad to hear me say that the past year has been another very difficult one due to the complexity and scale of buildings-related issue5,' draining governance & administration,. financial headaches,. changes to the national way of resourcing the C of E- shrinking number5 and a scarcity of volunteers...But, the year has confirmed that the reasons for the above are quite easily identifiable,. & the challenges they present to congregations and parishes are not insurmountable. Most priests knew that the pandemic would expose the health of the Church of England s life, and the death of Her Majesty Queen Elizabeth 11 again exposed the absence of cultural association between the C of E and the Monarch in times of national change and grief. Something of the above is seen in the decline of baptisms and confirmations, and Christian weddings have almost gone Inone last year or booked for this). Our funerals ministry is regular but not large lapprox. l a monthl as more people choose secular alterativeS. The summer mission was very badly supported but again tt helped to make clear other, underlying issues. For their sUPPOrt of the Mission, I must at this point mention the visiting priests,. Frs Roger Parker, Aiden Edwards and David Craven, and Adam O"Neil. Also. at other times of the year, Frs Tim Kaye, Richard Oakley, Paul Benfield, and Bishop Philip North. Despite the decline in ministry amongst youngster5 and their families. and very small numbers involved in the supplementary times of prayer. worshipi and Study, we have, nevertheless, been able to maintain the essentials. We have still managed to ensure Tegular"children'5 extras" (Shrove Tuesday. St Nicho13s etcl and the decline of the Trinity Club will lead to the beginning o* a new chapter in youngsters. work in God s time. It was a joy to be able to join a public pilgrimage from here to Walsingham again, and to be part of the wider Diocesan pilgrimage activities. The Shrine of Our Lady of Walsingham has always been a deeply significant place in my own life and the tradition continues to help me discern the way ahead in the ministry of priest which has been entrusted to me. It has been a cause of thanksgiving to have been able to spend time over the past year composing music for St Paul's. I m immensely thankful to Vanessa Collier, our organist, for gtving so much of her time to arranging
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASllCAL PARISH OF NESLON. LrrrLE MARSDEN harmonies and helping to teach the musit to the congregation. The invfcation to come and learn how to read music has not been taken Ltp yet but we are going to continue wwth this as a unique feature of the parish's life. Amongst the other causes of thangiving is the work of the Mothers, Union. led by the extraordinary dedication of Maureen Walley. This helps to nurture faFth and encourage public service in the interests o* family life. We often say the words, "now, more than everf, but with regards to the pressures and threat5 to family life we are most certainly in an era which needs renewed dedication to the strengthening of the family. From within parts of the C of E and in wider English life, there are moves to deconstruct the family and especially marriage. We will need to be wise, resilient, and pastorally alert. On the subjert of the famiw, I cannot overstate the thanks owed to Rachel for her support throughout another vear. The sacrificial love Eiven by the spouses of priests is what makes a substsntial percentage of the Church's ministry Possible. Please remember Rachel and all those married to priests in your prayers. Fr Guy Jamieson (Priest & Vicar of Nelson Little Marsdenl Financial Review The parish continues to face significant financial challenges. This is as a result of the increase in the Parish Share requested by the Diocese, increased utility costs and the fart that attendance has not returned to pre-pandemic levels. However, whilst income has fallen, we have also been fortunate in that those people who use one of the online giving schemes or make donations directly to our bank account have continued to do so. Again, I would like to thank everyone who makes donations towards the running of our parish and for their continued support. We continue to pay £2,CKJO per month towards our Parish share, which left a deficit at the year end. However, we are able to use the Church Repairs Funds to meet the Lrtility Costs of the church as this is regarded as preventive maintenance. Although the use of these funds helps. we are still struggling financially. Once again, I would like to thank everyone for their continued support for our parish. In summary. total receipts on unrestricted fvnds were £55,39112022 £118.861 which included legacies of £46,172 and proceeds of the sale of investrnents of £20,086). Included WFthin the receipts were unrestricted voluntary donations of £25,03312022 £34,957) including a tax refund of £12712022 £6.6781. Our parish share for 2023 amounted was £55.504 but as a lower-income community we were eligible for a gront of £20,560 which reduced the request to £34,944 which was paid in full once some investments had been sold. Parish Share is a voluntary payment to the Diocese and provides in the main for the stipend, housing, and pension contributions of clergy as well as training for both ordained and lay people. The net result for the year was a general fund shortFall of £25,82612022 surplus of £7,8341- Without the legacies and sale of shares. there would have been a shortfall in 2022 of £712. ReseeS Policy It is PCC policy to maintain sufficient funds in its current account to meet tts regular commitments with the aim of maintaining around £7,000 in the current account. In the past. this has been achieved through the sale of investments. However, the receipt of legacies of £46,0(X), which remain in the current account until decisions are made as to their use. we have been able to use these funds rather than withdrdw from deposit accounts or sell investments. However, once a decision is taken as to the use of these funds tt will be necessary to acce55 funds from investments and deposf( accounts. The policy in relation to Parish Share is to pay £2,(XM) each month and any shortfall will be made up from deposit accounts or through the sale of investments.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsllcAL PARISH OF NESLON, UThLE MARSDEN There is a cash balance of £67,55812022 £56,331). There are unrestricted investments valued at £114,57012022 £112,9811 together with investments valued at £203,15312022 £225,147) in the church repair funds, the income from which is resfrirted to maintaining and repairing the church. All our funds are invested in etther the CCLA Church of England Deposit Fund or the Church of England Investment Fund with income from the latter being credited to a related Deposit Fund Account. Volunteets We want to thank everyone who helps to prattically make both our churches welcoming and accessible to all. In particular, than go to our wardens Barbara Mason and Jeniene Maguire who work tirelessly on our behalf, the other members of the PCC and our Treasurer, Elaine Hargreaves. Structurei governance, and management The PCC is a corporate body established by the Church of England and it operates under the Parochial Church Powers Measure. The method of appointment of PCC members is set out in the Church Representation Rules. CoFllPOSition of Nelson Little Marsden PCC: Ex officio Incumbent Term of office expires at APCM in: Revd Guy Jamieson Church Wardens leniene Maguire Barbara Mason Deanery Synod Maureen Walley Margaret Taylor Elerted members. Elizabeth Brown Pat Oates lim Lomax David Richardson Jean Shephard Stephanie Wilkinson 2026 2024 2025 2025 2026 2025 Co-opted members Rod Marsden The eleCtote comprises those member5 of the congregation who are on the elertoral roll and the ex officio officers. As part of our involvement in the life of the Diocese as a whole, we are committed to deanery activities in Pendle Deanery and have representation on both the Deanery and Diocesan Synods. Approved by the PCC on .2024 and signed on their behalf by the Reverend Guy Jamison as PCC Chairman. Revd G Jamieson PCC Chairman
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESL4STICAL PARISH OF NESLON. UTTLE MARSDEN Independent Examlners. Report Independent Examiner's Report to the members/tnJstees of the Parochial Church Council; of St Paul, Little Marsden. I report on the accounts for the year ended 31st December 2023 which are set out on pages 7 to 12. Respective re5pon5ibilities of the Trustees and Independent Examiner As trustees of the charity, the members of the PCC are responsible for the preparation of the accounts. They consider that an audit is not required for this year under section 144121 of the Charitles Art 2011 Ithe 2011 Act) and that an independent examination is needed. It Is my responsibility to- examine the accounts under sertion 145 of the 2011 Act,. follow the procedures laid down in the General Direttions given by the Charity Commissioners 5ectioll 14515llbl of the 2011 Act,. and state whether particular matters have come to my attention. Basis of IndeFJendent Examiner's Statement My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the management commtttee conierning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently no opinion is given as to whether the accounts present a "true and fair vievf and the report is limited to those matters set out in the statement below. Independent Examiner's Statement In connection with my examination, no matters have come to my attention l. which give me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with 5.130 of the 2011 Act,. or to prepare accounts which accord with these accounting records have not been met,. or 2. to which, in my opinion, attention should be drawn in order to enable a proper understandinE of the accounts to be reached. Stephanie Rankin FCA Ribble Accounting 5erwices Limited 56 Broadgate Preston PRI 8DU 11 May 2024
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NESLON, L[LE MARSDEN RECEIPTS AND PAYMENTS ACCOUNT For the year ended 31 December 2023 Unrestricted Funds Restricted Funds TOTAL 2023 TOTAL 2022 Receipts from: Donations 25,033 25,033 35.257 Legacles 46.172 Church activities 3b 2.319 2.319 2,915 10,200 11,499 106,043 20.085 Other trading activities Investments 14.402 4.873 46,627 8.764 14,402 12,368 54,122 50,764 104.886 3d 7,495 7,495 42,000 Re¢eipt5 before share sale Sale of investments Total recelpts 55.391 49,495 126,129 Payments on- Church artivities Ministry Costs Administration Q)5ts Premises costs- Churche5 and grounds Groups Raising funds Total payment5 58.8EiJ 6.972 13,767 434 58.860 6,972 52,035 434 31,727 5,257 14,864 38.268 1.222 545 1.184 1,184 81.217 38.268 119,485 53,515 Net recelptsllpaymentsl -25.826 11.227 -14.599 72,514 Cash fund5 brought fOnard 84.312 56,331 140.643 68.129 Cash funds carried forward £58.486 £67.558 £126,044 £140,643
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NESLON, L[LE MARSDEN STATEMENT OF ASSEfs AND LIABILITIES As at 31 December 2023 2023 2022 Unresttrirted Restrirted Unrestricted Restricted 2023 Totsl 2022 Total Current assets- Cash at bank and in hand Bank current account5 Dep951t funds Total 2A 58,486 58.486 67.558 51.980 32.332 24.865 31,466 £56,331 76.845 63,798 £140,543 67.558 58.486 67.558 126,044 £84,312 Investment Assets Share$ at Market V31ue 114.570 £114,570 203.153 £203.153 317.723 £317.723 112.981 E112,98J 225,147 £225.127 338,125 £338.128 Total 2B The notes on pages 9 to 12 form an integral part of these accounts.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsllcAL PARISH OF NESLON, LfLE MARSDEN NOTES TO THE FINANCIAL STATEME5 For the year ended 31 December 2023 l. Accounting Policies Basis o preparation The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis. b. Fixed Asset Investments Fixed Asset investments are included at Market Value on the 31st of December 2023. Funds Unrestricted funds repsent the funds of the PCC that are not subjett to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also not restrirted. Restrirted funds are income funds that rnust be spent on restricted purposes and details of the funds held and restrictions provided are shown in the notes to the accounts. The financial statements include all transartions, assets and liabiltties for which the PCC is responsible in law. They do not include the accounts of the church groups that owe their main afffiliation to another body nor those that are infomial gatherings of church members. 2. Movement in designated and restricted funds during the year The movements in the different funds can be summari5ed as ollows= l Jan 2023 Receipts Payments Transfers 31 Dec 2023 CASH FUNDS Designated Funds Men's Group Magazine Flower Guild Total designated funds 3b.4e 3c.4f 3b.4e 306 3,425 588 4,319 1,045 669 358 2.072 11651 12491 12691 16831 1,186 3,845 677 5,708 b General fund Total unrestrirted funds 79,993 84,312 44,555 46.627 180,5341 181,2171 8,764 8,764 52,778 58.486 c RESTRICTED Fund Church Repoir Fund Restricted Funds 56,331 56,331 7,495 7,268 -38,268 138,2681 42,OCM) 42,000 67,558 67,558 Cash Funds £140,643 £54.122 1£119.4851 £50.764 £126,044 The transfers are sales of shares so are transfers to cash IA) from investments IBI.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NESLON. LtLE MAR50EN NOTES TOTHE FINANCIAL ATEmEr5 For the year ended 31 December 2023 Gains on valuation of inve5trnents ljan 2023 31 Dec 2023 Receipts Payments Transfers B INVEsfMENTS Unrestricted Nelson St Bede Halstead Nelson St Bede General Purposes Nelson St Bede Robinson 82,956 4.493 25,532 112,981 7,804 423 2,126 10,353 90,760 4.916 18,894 114,570 18,7641 18,7641 Restrlcted St Paul's Church Repairs St Paul's Church Repairs 213.850 6,797 225,147 142,OtM)I 19,366 640 20,006 195,716 7,437 203,153 Total invettments £338.128 {£50.7641 £30,359 £317.723 Total Funds IA+BI £478.771 £54.112 1£119,4851 1£47J181 £443,767 The funds of the charity Unrestricted Restricted Total charity funds 197,293 281,478 £478,771 46,627 181.2171 7.495 138,2681 £54,122 1£119,4851 10,353 20,006 {£47,3181 173,056 270,711 £443,767 The transfer is the sale of shares so a transfer from investments IBI to cash IAI. Des nated Fijnds The funds treated as designated funds are small funds operated by groups within the church. Restricted Funds The Restritted Fund is made up of investments and deposits that comprise the Church Repair Fund. These can be used for the repair and maintenance of the church. Investrnents It has previously been established that the Nelson St Bede Halstead, Nelson St Bede Robinson, and Nelson St Bede GP funds are unrestricted and are not required to be treated as Endowments. 399.9014 shares from Nelson St Bede Robinson were sold during the year and the proceeds were £8,764. After sales and revaluations, the unrestricted investments were walued at £114,570 on 31 December 202312022 £112,981). There are two investments described as St Paul's Church Repairs which are restricted to repairs. The PCC has now concluded th3t these are not required to be treated as Endowments. 1910.0409 shares from St Paul's Church Repair Fund were sold during the year and the proceeds were £42,000. After revaluations in the year, the restricted investments were valued at £203,153 on 31 December 202312022 £225,1471- io
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NESLON, LME MARSDEN NOTES TO THE FINANCIAL STATEMENtS For the year ended 31 December 2023 3. Further Analysis of Receipts Unrestritted Funds Restricted Funds TOTAL 2023 TOTAL 2022 3a Donations and legacies Committed iyving Loose plate and cont3tttess collections Unplanned tax-efficient giving Donations 20.883 3,223 105 20.883 3.223 105 19,187 1.263 938 695 695 Grartts 2,087 6.719 46,172 81.429 Gift Aid reclaimed 127 127 Legacies 25,033 25.033 3b Church attivities Fees for weddings and fvnerals Flower fvnd income Men's Group Incorne Write off balaftTrs on tsther 8roups 916 916 1,705 203 358 358 1.045 1.045 265 742 2,319 2,319 2.915 3c Trading activities Be3con Centre lettin85 Parish Magazine 531es Fyndraising- 100 Club Fundra1ng and events 9.150 669 9.150 669 9,150 786 1.350 3.233 14.402 1.350 3.233 14,402 30 234 10,200 3d Investment income Dividends Interest 1,494 3.379 4.873 6,733 762 8,227 4.141 12,368 lQ,655 844 7,495 11,499 3e Sale of investments Sale of investments-St Paul's Church Repairs Sale of investments- Nelson St Bede Robinson 42,CMIO 42,0(M) 8,764 50,764 8.764 8,764 20,086 20.086 42,OCNJ li
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsllcAL PARISH OF NESLON, LE MARSDEN NOTES TO THE FINANCIAL ATEmEIrS For the year ended 31 December 2023 4. Further Analysis of Payments Unrestrirted Restricted Funds Funds TOTAL 2023 TOTAL 2022 4a Ministry Costs Parish Share Wicar's and vicarage expenses Charitable donations Upkeep of seivices Mission and outreach Trinity Club 52,244 52,244 1,884 25.000 1,638 365 4,422 284 4.714 4,714 18 58.860 18 58,860 18 31,727 4b Administration Administrator employment costs Administration Bank charges Governance- Independent Examination 4,372 2.350 4,372 2,350 4,102 911 250 250 250 6,972 6,972 5,263 4c Premises costs- church and grounds Insurance 4,791 6,750 879 322 loo 4,791 6,750 879 322 loo 4,680 7,566 1,536 892 Repairs and maintenance Organ repairs & tuning Upkeep of churchyard Routine premises costs Major/Strurtural repairs 12.842 925 12,842 39,193 52,035 14,674 190 38,268 38,268 13,767 14,864 4e Groups and activities Flower Guild Men's Group 269 165 269 165 202 1,020 1,222 434 434 4f Expenditure on raising fLJnds Magazine expenses 100 Club 249 935 249 935 119 420 1,184 1,184 539 12