## **Parochial Church Council** ## **of** **United Parish of St Andrew’s - Chinnor, St Mary’s – Sydenham, St Peter & St Paul – Aston Rowant and Nativity of the Blessed Virgin Mary – Crowell** **Annual Report and Financial Statements** **for year ended 31 December 2023** **Parochial Church Council of United Parish of St Andrew’s - Chinnor, St Mary’s - Sydenham, St Peter & St Paul - Aston Rowant and Nativity of the Blessed Virgin Mary - Crowell 31 December 2023** ______________________________________________________________________________________________ ## **Contents** ||Page| |---|---| |Legal and Administration|2| |Annual Report of the Parochial Church Council|3-5| |Independent Examiner’s Report|6| |Statement of Financial Activities|7| |Balance Sheet|8| |Statement of Cash Flows|9| |Notes forming part of the financial statements|10-17| 1 **Parochial Church Council of United Parish of St Andrew’s - Chinnor, St Mary’s - Sydenham, St Peter & St Paul - Aston Rowant and Nativity of the Blessed Virgin Mary - Crowell 31 December 2023** ______________________________________________________________________________________________ ## **Legal and Administration** ## **Parochial Church Council** The Trustees, members of the PCC who have served at any time from 1 January 2023 until the date this report was approved, are: **Rector:** Rev’d Dr. Jacky Barr **Churchwardens:** Chinnor: Mike Ashdown, Robert Pegg, Sydenham: Fiona Kermack, Roy Harrison Aston Rowant: Richard Boarder Crowell: Maggs Warman, Andy Warman ## **Representatives on Deanery Synod:** Lauretta Milligan, Andrea Oughton, Margaret Poole **Elected Members:** Sue Ashdown, David DeVal, Grace Gibbs, Jackie Griffiths, Gilly Harrison, Pat Haywood, Mark Humphrey, Nicholas Milligan, Tricia Prescott, Adele Stancliffe, Sue Wright, Tessa Wyatt **Co-opted Members:** Mark Prescott – PCC Secretary, Michael De Val – Treasurer, Mark Humphrey – Treasurer, Michael Powell - Treasurer ## **Address:** St Andrew’s Church Church Road Chinnor, Oxon OX39 4PG ## **Bankers:** CAF Bank Ltd 25 Kings Hill Avenue Kings Hill, West Malling, Kent ME19 4JQ Lloyds Bank plc 1 Market Square Aylesbury Bucks HP20 1TD ## **Investment Managers:** CCLA Investment Management Limited The CBF Church of England Funds 80 Cheapside, London EC3V 6DZ ## **Independent Examiner** Heather Emerson 2 **Charity registration number:** 1142316 **Parochial Church Council of United Parish of St Andrew’s - Chinnor, St Mary’s - Sydenham, St Peter & St Paul - Aston Rowant and Nativity of the Blessed Virgin Mary - Crowell 31 December 2023** ______________________________________________________________________________________________ ## **Annual Report of the Parochial Church Council (PCC)** The members of the PCC submit their annual report and financial statements for year ended 31 December 2023. The PCC has adopted the provisions of the Charities Statement of Recommended Practice (SORP) (FRS 102) issued by the Charity Commission in preparing the annual report and financial statements of the Parish and comply with the Church Accounting Regulations 2006 and the Charities Act 2011. More detailed information about all aspects of the life of the Parish is included in the Rector’s Report for the Annual Parochial Church Meeting (APCM). ## **Background** The PCC registered with the Charity Commission on 8 June 2011 under the name The Parochial Church Council of the Ecclesiastical Parish of St Andrews Chinnor. The PCC has the responsibility of co-operating with the Rector in promoting in the ecclesiastical Parish, the whole mission of the Church, pastoral, evangelistic, social, and ecumenical. It also has maintenance responsibilities for the churches of St Andrew’s- Chinnor, St Mary’s - Sydenham, St Peter & St Paul - Aston Rowant and Nativity of the Blessed Virgin Mary - Crowell. ## **Membership of the PCC** Members of the PCC are either ex-officio or elected by the Annual Parochial Church Meeting in accordance with the Church Representation Rules. Retired clergy are thanked for sometimes attending PCC meetings. ## **Structure** The PCC operates through committees, which meet between the full meetings of the PCC as necessary. ## **Parishioners** There are 124 parishioners on the Church Electoral Roll. ## **Review of the year** The full PCC met six times during the year, with an average attendance of 85 %. In between meetings of the full PCC, meetings were held at each of the four churches to discuss local matters. 3 **Parochial Church Council of United Parish of St Andrew’s - Chinnor, St Mary’s - Sydenham, St Peter & St Paul - Aston Rowant and Nativity of the Blessed Virgin Mary - Crowell 31 December 2023** ______________________________________________________________________________________________ ## **Finance review of the year** Financial statements are shown on pages 7 to 9 and include Statement of Financial Activities (SOFA) for year ended 31 December 2023, Balance Sheet of 31 December 2023 and Statement of Cash Flows for year ended 31 December 2023. Accompanying notes are shown on pages 10 to17. Statement of Financial Activities (SOFA) on page 7 shows Income and Expenditure for 2023 separated between Unrestricted Funds, Restricted Funds and Endowment Funds. The compositions of the Funds and individual lines of income and expenditure are commented on below. Unrestricted Funds consists of General Fund and Designated Fixed Tangible Assets Fund. Total income for 2023 was £118,117 compared to £138,493 in 2022. The £20,376 decrease in income mainly reflected the legacy of £32,694 given in 2022 to the parish under the will of the late Una Davis. PCC is grateful the congregations maintained a high level of income from stewardship giving and collections in 2023 at £78,147 compared to £78,008 in 2022. In addition, there was helpful increase in income from Rents, Church Fees and Investment income to £23,785 compared to £19,142 in 2022. Unrestricted Funds are responsible for paying most of the different types of expenditure shown in SOFA. Total expenditure for 2023 was £130,064 compared to £127,015 for 2022. Depreciation charge £8,076 for 2023 was £233 higher than the charge for 2022, as additional capital plant and equipment costing £2,334 was purchased during 2023. Unrestricted Funds pays the Parish Share. Deanery requested £69,340 Parish Share to be paid for 2023. That amount was fully paid. General Fund represents Parish’s working capital to fund periodic fluctuations between normal operating income and costs. Two months of operating costs is widely considered the level of working capital a Parish normally requires. Two months operating costs is equivalent to approximately £22,000. Given the General Fund on 31 December 2023 is only £30,934, PCC considers future years should limit future net deficits for Unrestricted Funds to accumulate to no more than £8,934. Unrestricted Funds Net deficit £11,947 for 2023 resulted in £6,205 decrease in the General Fund from £37,139 at the end of 2022 to £30,934 at the end of 2023 and a £5,742 decrease in the Designated Fixed Tangible Assets Fund from £134,884 at the end of 2022 to £129,142 at the end of 2023. Fundraising activities and actions to raise incomes for Unrestricted and Restricted Funds continued throughout 2023. Friends of St Andrew’s Church, Chinnor was very active in maintaining the local community’s interest in the parish’s work. PCC held appeal days to raise funds for helping relief to major disasters abroad. Restricted Funds income and expenditure shown in Statement of Financial Activities reflects the varied activities for twenty-four restricted funds that are detailed in Note 18 on page 16. Total income for 2023 was £62,646, which mainly reflected generous grants and donations amounting to £12,206 for Children and Youth Worker Fund and £25,987 for Chinnor Fabric Fund. In addition, a legacy from the late Mike Gorton was left to St Peter & St Paul, Aston Rowant as £10,000 for the Fabric Fund. PCC is grateful for the quick response from congregations in giving donations and associated gift aid income tax recoverable amounting to £312 to the Parish Magazine Support Fund. Chinnor Church Hall is a restricted fund and in 2023 income £5,947 was exceeded by £11,513 expenditure due to major improvement to the seating. Restricted Funds total expenditure for 2023 was £75,142 which mainly reflected the high expenditure of £47,270 for repairing the fabric and churchyard of St Andrew’s, Chinnor. 4 31O•¢•ffl￿ 2•23 t￿} Churr** rf Eryl*MI FMJ trle £8.873 m SOFA 2023 4w8 £14Y,948 LX*n￿1od lo £187.475 at 31 Oec•rtw 2WQ. e • •KI fw view of tr* state cl affalrs ol the PCC th• lx PCC l(x tr•1 +++ Parochial Church Councll of Unlted Parfsh of St Andrews- Chinnor, St MatYs- Sydenham. st Petsr & St Paul - Aston Rowant and Nativity of the Blossed Virgln Mary- Crowell 31 DKember 2023 I reFrfJt on the finanaal statements of the Parochiai Chwth Council for the year and8d 31 DeG8mber 2023. Resp#dlva responsibilities of the PCC and examlner The m&mbers of Ihe P8rochk31 Church Cwncil are resp)rsible for preparation of financial statements f( each financial year which gives a true and fair view of the state of affairs of the Parothial Church Council and of the surplus or deficit of the Parochial Church Coun(xl for Ihat period. In preparfng those financial ststements, the members of the Parochial Church Counc41 are required to: sdect suitable accounting pcdicies and appty them consistently, make judgemerts a￿1 estimates thal are reasonable and prudent. state whèther applicable accounting standards statements of recommended pradice have been followed, suty'ect to any departure5 disck)sed and explained in the fin8nchql statements. and prepare the financial statemonts on the goinwncern basis unless it is inwropriate to presume that the Parochid Churth Coundl will continue in operatioThal existence. Th6 members of the Paroch￿￿ Churth CouncFI are reswisible lor keepirNJ propgr accounting records whith disdose wth r&qgonabbe a(X￿raCY at any time the financial [KIs￿on of the Parochial Church Council 8nd to enable them to ensure that the financial statements comply with the Churth Accounting ReguLgtions 2006 and the Charities Act 2011. They are also resp￿sIble safeguardirKJ the assets of the Parochial Church Counal and hen(* for taking reasonable steps for the prevention and del￿tiOn of fraud and other irregularities. The Parcthial Churth Council Con￿derS thal an audit is not required for this period und8r sedion 144{2) of the Charitie5 Ad 2011 (the 2011 Act) and that an independent exaMInatK￿ is needed. It is the examiner's re¥m)nSiEN￿ty to: examine the financial statements in accordan￿ wih the Church Accounting Regutalions 2006 and {under section 145 of the 2011 Act). follow the prLKedures laid down in the General DireCt￿S given by the Charfty Commissioners (under section 145{5llbl of the 2011 Act); and stale whether p8rtMxlar mattets h8ve come to my attention. Basls of independent gxaminerfs sLitement My examination was carried out in acu¥dance wth the General Ditecli¢Ms gtven by the Charity Commissioners and the Church Guidance. 2006 edition. An examination includes a re￿eW of the accounting records kept by the PCC a￿1 a comparison of the finanryal statements presented with those recx)rds. It also includes considerab'on of any unusual items or disclosures in the financial slatements and seeking expEanats"on5 from you as members of the PCC 1X)n￿M4)g any such matters. The procedures undertaken do noi provtde all the evKlence that would be required Hi an a￿j61. and conSequen￿Y I do not express an audit winion on the view gNen by the financaal slatements. Independent examlnefs stalemgnt In ￿nnectIOn vrith my examination. no matter has come to my altention: 1. which gives me reasonable (au5e to believe that in any matsrial respect the reqU1￿Ments. to keep accounlir¥J recgtds in accord￿ wilh Ihe Church Accounting Regulalims 2006 and section 130 of the 2011 Ac( and to prepare financaal statements whth aCc￿rd with the accounting racc￿ and to comply with the accounting requirements of the 2011 Ad have not been meL or 2. to which, in my opinion. attention should be dravm in order to enabte a PTop8r undwslanding of the financial statements to be reached. Date Independent Examiner **Parochial Church Council of United Parish of St Andrew’s - Chinnor, St Mary’s - Sydenham, St Peter & St Paul - Aston Rowant and Nativity of the Blessed Virgin Mary - Crowell 31 December 2023** ______________________________________________________________________________________________ ## **Statement of Financial Activities (SOFA) for year ended 31 December 2023** |**Notes**
**Income**
Stewardship giving
2
Collections and other donations
Fundraising & trading
3
Specific donations
4
Legacy
Chinnor Church Hall
Rents
5
Church Fees
Investment income
6
Investment net gains / (losses)
13
**Total Income**
**Expenditure**
Parish Share for Diocese
Chinnor Church Hall
The Ministry
7
Annual Missions and charitable
donations
Upkeep of Services
8
Administration
9
Building running costs
10
Churchyards & car parks
Miscellaneous
11
Depreciation
12
**Total Expenditure**
**Net (deficit) / surplus**
**Fund balances at 1 January**
18
**Fund balances at 31 December**
18/19|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total**
**Funds**
**2023**
**Total**
**Funds**
**2022**
**£**
**£**
**£**
**£**
**£**
69,018
-
-
69,018
69,486
9,129
-
-
9,129
8,719
2,279
3,255
-
5,534
5,744
7,406
40,687
-
48,093
51,766
6,500
10,000
-
16,500
44,185
-
5,947
-
5,947
5,971
6,185
-
-
6,185
6,160
15,040
-
-
15,040
12,281
2,560
2,757
-
5,317
3,443
-
-
8,673
8,673
(12,160)| |---|---| ||118,117
62,646
8,673
189,436
195,595| ||69,340
-
-
69,340
67,980
-
11,513
-
11,513
9,374
2,098
-
-
2,098
2,843
-
1,841
-
1,841
3,252
3,591
-
-
3,591
3,401
9,742
312
-
10,054
12,352
30,638
49,140
-
79,778
77,825
2,262
1,826
-
4,088
1,698
4,317
10,510
-
14,827
8,155
8,076
-
-
8,076
7,843| ||130,064
75,142
-
205,206
194,723| ||| ||(11,947)
(12,496)
8,673
(15,770)
872
172,023
155,659
92,195
419,877
419,005| ||160,076
143,163
100,868
404,107
419,877| All above results are derived from continuing activities. All gains and losses recognised in the year are included above. The accompanying notes on pages 10 to 17 are an integral part of these financial statements 7 Parochlal Church Councll of Unlted Parlsh of St Andrew's - Chlnnor. St Mary's - Sydenham. St Peter & St Paul - Aston Rowant and Nativity of the BI•s3ed Virgin Mary- Crowell 31 December 2023 Balance Sheet 31 December 2023 2023 zozz Fixed assets Tangible assets Investments 12 13 129,142 IW.868 134,884 92,195 230,010 227,079 Current assets Debtors Short temi depostts Cash at bank and In hand Chinnor Church Hall Cash at'bank & in hand 14 15 16 18,849 114,722 47,275 2.951 30,884 54,493 ICA,465 8,517 183,797 198.359 Credltors: amounts falling due within one year 17 19,7001 15.5611 Net current assets 174,097 192,798 Net assets 404,107 419,877 Fund5 Unrestrlrted General Designated Fixed Tangible Assets 18119 18119 30,934 129.142 37,139 Total Unrestricted 160.076 172.023 Restricted 18119 143,163 155.659 Pemianent End(r￿￿ent 18119 1Tr),868 92,195 Total funds 404,107 419.877 The accompanying notes on pages 10 to 17 are an integral part of these financial statements. The Annual Report and Financial Ststements for the year ended 31 D￿mber 2023 were approved and authorised for issue by the Parochial Church Council on 21 Jun 25 and signed on their behalf by- M B Powell Treasurer **Parochial Church Council of United Parish of St Andrew’s - Chinnor, St Mary’s - Sydenham, St Peter & St Paul - Aston Rowant and Nativity of the Blessed Virgin Mary - Crowell 31 December 2023** ______________________________________________________________________________________________ ## **Statement of Cash Flows for year ended 31 December 2023** |**(a)**
**Net cash (outflow) / inflow from operating activities (see (b))**
Investment income
Capital plant and equipment for churches
**(Decrease) of cash in the year**|**2023**
**£**
(5,510)
5,317
(2,334)
(2,527)|**2022**
**£**
1,856
3,443
(6,908)| |---|---|---| |||(1,609)| |**(b)**|**Reconciliation of net (deficit) / surplus for the year to net cash (outflow) / inflow from operating**|**Reconciliation of net (deficit) / surplus for the year to net cash (outflow) / inflow from operating**|| |---|---|---|---| ||**activities**||| |||**2023**|**2022**| |||**£**|**£**| ||Net (deficit) / surplus|(15,770)|872| ||Less: Investment income|(5,317)|(3,443)| ||Less: (Investment gains) / Add: Investment losses|(8,673)|12,160| ||Add: Depreciation charges|8,076|7,843| ||Decrease in Debtors / (Increase) in Debtors|12,035|(15,610)| ||Increase in Creditors|4,139|34| ||**Net cash (outflow) / inflow from operating activities**|(5,510)|1,856| |**(c)**|**Reconciliation of (decrease) / increase of cash in the year to movement in net cash funds**||| |||**2023**|**2022**| |||**£**|**£**| ||(Decrease) of cash in the year (see (a))|(2,527)|(1,609)| ||Net cash funds at 1 January|167,475|169,084| ||**Net cash funds at 31 December**|164,948|167,475| 9 **Parochial Church Council of United Parish of St Andrew’s - Chinnor, St Mary’s - Sydenham, St Peter & St Paul - Aston Rowant and Nativity of the Blessed Virgin Mary - Crowell 31 December 2023** ______________________________________________________________________________________________ ## **1. Accounting Policies** ## **1.1 Accounting convention** The statements have been produced under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the Charities SORP. ## **1.2 Funds** General funds represent the funds of the church that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Designated funds comprise of unrestricted funds that have been set aside by the Board of Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the church for particular purposes. Permanent endowments represent capital that must be kept permanently by the PCC. These include: Benton Bequest, a permanent endowment, which provides income to be used for the maintenance of St. Andrew's church and churchyard, and for any surplus income to be applied at the discretion of the PCC; and Elsie Pullen Bequest, a permanent endowment, which provides income that has to be used solely for the maintenance of Sydenham churchyard. ## **1.3 Coverage** The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do include the Chinnor Church Hall but 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. ## **1.4 Income** ## **Voluntary Income and Capital Sources** Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under covenant or gift aid is recognised only when received. Income Tax recoverable on covenants or gift aid donations is recognised when the income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and there is certainty of the amount due. Funds raised by fetes, garden parties or similar events are accounted for gross. Sale of guide books and parish magazines from the church bookstall are accounted for gross. ## **Other Ordinary Income** Dividends and interest are accounted for when receivable. Tax recoverable on such income is recognised in the same accounting year. 10 **Parochial Church Council of United Parish of St Andrew’s - Chinnor, St Mary’s - Sydenham, St Peter & St Paul - Aston Rowant and Nativity of the Blessed Virgin Mary - Crowell 31 December 2023** ______________________________________________________________________________________________ ## **1.5 Expenditure** All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. ## **1.6 Investments** Investments are stated at market value on the balance sheet date. The SOFA includes the realised gains or losses that are recognised when investments are sold and the unrealised gains or losses that are accounted for on revaluation of investments at 31st December. ## **1.7 Grants** Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. ## **1.8 Fixed Assets** ## **Consecrated Land and Buildings and Moveable Church Furnishings** Consecrated and beneficed property is excluded from the accounts by s.96 (2) (a) of the Charities Act 1993. No value is placed on moveable 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. All expenditure incurred during the year on consecrated or benefice buildings and moveable church furnishings, whether maintenance or improvement, is written off as expenditure on the SOFA separately disclosed. ## **Unconsecrated land and buildings** The insured value of the building’s element of an unconsecrated property is depreciated on a straight-line basis over 50 years. ## **Capital plant and equipment for the churches** Capital plant and equipment for the churches is depreciated on a straight-line basis over ten years. ## **Other Fixtures, Fittings and Office Equipment** Other fixtures, fittings and office equipment used within the church premises is depreciated on a straight-line basis over four years. ## **1.9 Current Assets** Amounts owing to the PCC at 31st December in respect of legacies, fees, income tax recoverable, rents or other income are shown as debtors, less provision for amounts that may prove uncollectable. Short-term deposits include cash held on deposit either with the CBF Church of England Fund or an approved bank. ## **1.10 Current Liabilities** Liabilities consist of mission commitments and liabilities owed to any third party. 11 ## **Parochial Church Council of United Parish of St Andrew’s - Chinnor, St Mary’s - Sydenham, St Peter & St Paul - Aston Rowant and Nativity of the Blessed Virgin Mary - Crowell 31 December 2023** ______________________________________________________________________________________________ ## **2. Stewardship giving** |Stewardship giving
Income tax recoverable
**ndraising & Trading**
Social activities, Fetes & Markets
Bookstall
**pecific Donations**
St Andrew’s Gift Day
Children’s and Youth Worker Fund
General Fund
Chinnor Organ Fund
Chinnor Fabric Fund
Chinnor Discretionary Fund
Chinnor Choir Fund
Chinnor Flower Fund
Sydenham Fabric Fund
Aston Rowant Fabric Fund
Aston Rowant Village School Fund
Aston Rowant Churchyard Fund
Crowell Fabric Fund
Parish Magazine Support Fund
Education, Youth & Child Fund
Chinnor Churches Go Wild Fund
Appeals
Diocesan Energy Grant
**ents**
Sydenham School Room
Sydenham School House
Land at Aston Rowant and Crowell|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**2023**
**Total Funds**
**2022**
**£**
**£**
**£**
**£**
**£**
53,600
-
-
53,600
54,212
15,418
-
-
15,418
15,274| |---|---| ||69,018
-
-
69,018
69,486| ||**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**2023**
**Total Funds**
**2022**
**£**
**£**
**£**
**£**
**£**
2,264
3,255
-
5,519
5,704
15
-
-
15
40| ||2,279
3,255
-
5,534
5,744| ||| ||**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**2023**
**Total Funds**
**2022**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
1,001
-
12,206
-
12,206
8,000
7,406
-
-
7,406
3,598
-
115
-
115
308
-
21,740
-
21,740
19,628


-
-
-
1,760
80
95
-
-
-
1,760
80
95
2,706
1,836
50
-
920
-
920
586
-
200
-
200
7,206
-
-
-
-
300
-
1,000
-
1,000
896
-
122
-
122
-
**-**
312
-
312 301
**-**
**-**
**-**
**-**
-
-
1,557
-
-
-
-
-
-
-
1,557
-
552
119
1,551
3,128| ||7,406
40,687
-
48,093
51,766| ||**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**2023**
**Total Funds**
**2022**
**£**
**£**
**£**
**£**
**£**
100
-
-
100
100
6,060
-
-
6,060
6,035
25
-
-
25
25| ||6,185
-
-
6,185
6,160| ## **3. Fundraising & Trading** ## **4. Specific Donations** **5. Rents** 12 ## **Parochial Church Council of United Parish of St Andrew’s - Chinnor, St Mary’s - Sydenham, St Peter & St Paul - Aston Rowant and Nativity of the Blessed Virgin Mary - Crowell 31 December 2023** ______________________________________________________________________________________________ ## **6. Investment income** |Deposit interest
Benton bequest investment
dividend
Elsie Pullen bequest investment
dividend|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**2023**
**Total Funds**
**2022**
**£**
**£**
**£**
**£**
**£**
2,560
-
-
2,560
701
-
2,703
-
2,703
2,688
-
54
-
54
54| |---|---| ||2,560
2,757
-
5,317
3,443| ## **7. The Ministry** |Rector’s expenses
Assistant clergy expenses
**keep of Services**
Altar requisites
Service books & music
Organ & piano tuning
Organist fees|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**2023**
**Total Funds**
**2022**
**£**
**£**
**£**
**£**
**£**
1,531
-
-
1,531
1,961
567
-
-
567
882| |---|---| ||2,098
-
-
2,098
2,843| ||**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**2023**
**Total Funds**
**2022**
**£**
**£**
**£**
**£**
**£**
811
-
-
811
759
770
-
-
770
762
1,310
-
-
1,310
1,210
700
-
-
700
670| ||3,591
-
-
3,591
3,401| ## **8. Upkeep of Services** ## **9. Administration** |Administrator
Copying & printing
Stationery and software
Telephone and internet|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**2023**
**Total Funds**
**2022**
**£**
**£**
**£**
**£**
**£**
5,717
-
-
5,717
6,482
1,491
312
-
1,803
2,984
1,602
-
-
1,602
2,047
932
-
-
932
839| |---|---| ||9,742
312
-
10,054
12,352| 13 ## **Parochial Church Council of United Parish of St Andrew’s - Chinnor, St Mary’s - Sydenham, St Peter & St Paul - Aston Rowant and Nativity of the Blessed Virgin Mary - Crowell 31 December 2023** ______________________________________________________________________________________________ ## **10. Building running costs** |Building maintenance
Energy & water
Insurances
Sydenham School House
Chinnor Fabric Fund
Crowell Fabric Fund
Aston Rowant Fabric Fund|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**2023**
**Total Funds**
**2022**
**£**
**£**
**£**
**£**
**£**
4,482
-
-
4,482
5,655
11,072
-
-
11,072
15,923
12,026
-
-
12,026
11,124
3,058
-
-
3,058
1,690
-
47,270
-
47,270
25,047
-
1,870
-
1,870
-
-
-
-
-
18,386| |---|---| ||30,638
49,140
-
79,778
77,825| ## **11. Miscellaneous** |Children’s and Youth Worker
REinspired Fund
Education Youth & Child Fund
Copyright licenses & subscriptions
Sundries
Bank charges
Accounting services
Independent examiner|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**2023**
**Total Funds**
**2022**

**£**
**-**
**£**
10,129
**£**
**-**
**£**
10,129
**£**
6,634
-
-
-
-
29
-
336
-
336
239
224
-
-
224
191
3,318
45
-
3,363
916
75
-
-
75
146
200
-
-
200
-
500
-
-
500
-| |---|---| ||4,317
10,510
-
14,827
8,155| ## **12. Fixed Tangible Assets** |**Gross Valuation**
at 1 January 2023
Additions
at 31 December 2023
**Depreciation**
at 1 January 2023
Charge for year
at 31 December 2023
**Net Book Values**
at 31 December 2023
at 31 December 2022|**School**
**Room**
**Sydenham**
**School**
**House**
**Sydenham**
**St. Andrew’s**
**Church Hall**
**Agricultural**
**land with**
**Aston Rowant**
**and Crowell**
**Capital**
**plant and**
**equipment**
**Total**
**£**
**£**
**£**
**£**
**£**
**£**
90,562
51,390
90,000
2,200
32,040
266,192
-
-
-
-
2,334
2,334| |---|---| ||90,562
51,390
90,000
2,200
34,374
268,526| ||47,086
26,723
46,797
-
10,702
131,308
1,811
1,028
1,800
-
3,437
8,076| ||48,897
27,751
48,597
-
14,139
139,384| ||41,665
23,639
41,403
2,200
20,235
129,142
43,476
24,667
43,203
2,200
21,338
134,884| 14 **Parochial Church Council of United Parish of St Andrew’s - Chinnor, St Mary’s - Sydenham, St Peter & St Paul - Aston Rowant and Nativity of the Blessed Virgin Mary - Crowell 31 December 2023** ______________________________________________________________________________________________ ## **(12. Fixed Tangible Assets continued)** The gross valuations of the buildings are based upon values for insurance purposes, as they are considered to be a fair estimate of the current value of the properties. Depreciation is charged at 2% per year on the buildings and 10% per year on the capital plant and equipment installed in the churches. The agricultural land has been valued on the basis of a 7% income yield and has not been depreciated. ## **13. Investments** |Benton Bequest
Elsie Pullen Bequest|**Balance at**
**1 January 2023**
**Unrealised gains on**
**revaluation**
**Balance at**
**31 December 2023**
**£**
**£**
**£**
90,394
8,504
98,898
1,801
169
1,970
92,195
8,673
100,868| |---|---| The investments consisted of units of the Central Board of Finance Church of England Investment Fund – Income shares that are held by the Diocesan Trustees (Oxford) Limited on behalf of the PCC. ## **14. Debtors** |**ebtors**|| |---|---| |Legacy receivable
Income tax recoverable
PAYE due from HMRC
Insurances pre-paid
Accounts receivable|**Unrestricted**
**Restricted**
**Endowment**
**Total**
**2023**
**Total**
**2022**
**£**
2,694
**£**
**-**
**£**
**-**
**£**
2,694
**£**
12,694
15,418
-
-
15,418
15,304
274
-
-
274
452
463
-
-
463
773
-
-
-
-
1,661| ||18,849
-
-
18,849
30,884| ## **15. Short Term Deposits** |CAF Deposit
CCLA CBF Church of England
Virgin Money Deposit|**Unrestricted**
**Restricted**
**Endowment**
**Total**
**2023**
**Total**
**2022**
**£**
**£**
**£**
**£**
**£**
66,327
-
-
66,327
10,250
48,395
-
-
48,395
44,242
-
-
-
-
1| |---|---| ||114,722
-
-
114,722
54,493| ## **16. Cash at Bank and in Hand** |CAF Current Account
Lloyds Current Account
Cash in Hand|**Unrestricted**
**Restricted**
**Endowment**
**Total**
**2023**
**Total**
**2022**
**£**
**£**
**£**
**£**
**£**
23,473
-
-
23,473
68,583
23,801
-
-
23,801
33,241
-
-
-
-
2,641| |---|---| ||47,274
-
-
47,274
104,465| 15 ## **Parochial Church Council of United Parish of St Andrew’s - Chinnor, St Mary’s - Sydenham, St Peter & St Paul - Aston Rowant and Nativity of the Blessed Virgin Mary - Crowell 31 December 2023** ______________________________________________________________________________________________ |**17. Creditors: Amounts falling due within one year**|**17. Creditors: Amounts falling due within one year**|**17. Creditors: Amounts falling due within one year**||||| |---|---|---|---|---|---|---| ||**Unrestricted**||**Restricted**|**Endowment**|**Total**|**Total**| ||||||**2023**|**2022**| |||**£**|**£**|**£**|**£**|**£**| |Accounts payable||-|-|-|-|4,019| |Sundry creditors||9,700|-|-|9,700|1,542| |||9,700|-|-|9,700|5,561| |**18. Movement on Funds**||||||| ||**Balance**|**Income**|**Expenditure**|**Net surplus**|**Capital**|**Balance**| ||**1**|||**/ (deficit)**|**Expenditure**|**31**| ||**January**|||||**December**| ||**2023**|||||**2023**| ||**£**|**£**|**£**|**£**|**£**|**£**| |**Unrestricted Funds:**||||||| |General|37,139|118,117|(121,988)|(3,871)|(2,334)|30,934| |Designated Fixed Tangible Assets|134,884|-|(8,076)|(8,076)|2,334|129,142| |**Sub Total**|172,023|118,117|(130,064)|(11,947)|-|160,076| |**Restricted Funds:**||||||| |Aston Rowant Churchyard|5,653|1,000|(1,826)|(826)|-|4,827| |Aston Rowant Fabric|26,929|10,200|-|10,200|-|37,129| |Aston Rowant Village School|300|-|-|-|-|300| |Aston Rowant General|6,362|-|-|-|-|6,362| |Chinnor Church Hall|8,518|5,947|(11,513)|(5,566)|-|2,952| |Chinnor Discretionary|6,042|1,760|(284)|1,476|-|7,518| |Chinnor Churches Go Wild|860|-|-|-|-|860| |Chinnor Fabric|31,613|25,987|(47,270)|(21,283)|-|10,330| |Chinnor Flower|3,032|95|(45)|50|-|3,082| |Chinnor Choir|1,911|80|-|80|-|1,991| |Chinnor Organ Restoration|6,880|115|-|115|-|6,995| |Crowell Fundraising|164|-|-|-|-|164| |Crowell Fabric|2,982|122|(1,870)-|(1,748)|-|1,234| |Crowell General|4,838|-|-|-||4,838| |Sydenham Churchyard|748|54|-|54|-|802| |Sydenham Fabric|14,009|2,631|-|2,631|-|16,640| |Sydenham Fabric & Churchyard|10,000|-|-|-|-|10,000| |Sydenham General|21,792|-|-|-|-|21,792| |Sydenham Choir Fund|-|580|-|580||580| |Appeals|-|1,557|(1,557)|-|-|-| |Education, Youth & Child|336|-|(336)|(336)|-|-| |Children and Youth Worker|1,366|12,206|(10,129)|2,077||3,443| |REinspired|1,324|-|-|-|-|1,324| |Parish Magazine Support|-|312|(312)|-|-|-| |**Sub Total**|155,659|62,646|(75,142)|(12,496)|-|143,163| ||||||**Unrealised**|| |**Permanent Endowments:**|||||**Gains**|| |Benton Bequest|90,394|-|-|-|8,504|98,898| |Elsie Pullen Bequest|1,801|-|-|-|169|1,970| |**Sub Total**|92,195|-|-|-|8,673|100,868| |**Total Funds**|419,877|180,763|(205,206)|(24,443)|8,673|404,107| 16 **,** ## **Parochial Church Council of United Parish of St Andrew’s - Chinnor, St Mary’s - Sydenham, St Peter & St Paul - Aston Rowant and Nativity of the Blessed Virgin Mary - Crowell 31 December 2023** ______________________________________________________________________________________________ ## **19. Analysis of Funds as represented by Net Assets** |Fixed tangible assets
Investments
Net current assets|**Unrestricted**
**General Fund**
**Designated**
**Funds**
**Restricted**
**Funds**
**Permanent**
**Endowments**
**Total**
**2023**
**Total**
**2022**
**£**
**£**
**£**
**£**
**£**
**£**
129,142
-
-
129,142 134,884
-
-
-
100,868
100,868
92,195
30,934
-
143,163
-
174,097 192,798| |---|---| ||30,934
129,142
143,163
100,868
404,107 419,877| 17