## **Independent Examiner’s report to the trustees of the Parochial Church Council of St Helen’s, Holy Trinity and St Luke’s.**
I report to the trustees on my examination of the accounts for the year ended 31 December 2022.
## **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 2011 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**
The gross income exceeded £25,000, necessitating a review and was less than £250,000 and so the Receipts & Payments method of accounting (rather then the Accruals method) has been used. I have completed my examination of the accounts presented to me and the financial position at 31.12.22 is summarised as follows. I am satisfied that the financial statements present an accurate view of the Churches’ financial position at the end of the year and the financial activities during the year. No material matters have come to my attention.
Furthermore, I am satisfied that the Church’s finances present a going concern and that outstanding liabilities can be met from funds.
The unrestricted fund stands at £48k, of which £15k is “set aside” as an operational reserve to be used as a last resort.
## £k
## **SOFA for the year ending 31.12.2022**
|**Receipts**
**Expenditure**
**Fund balancing**
**item**
**Surplus/(deficit) in year**
**UR=Unrestricted**
**D=Designated**
**R=Restricted**|**UR**
**D**
**R**
**Total**
55
-2
53
56
4
9
69|
|---|---|
||-1
-4
-11
**-16**|
|||
**2021 2022 Movement**
|**_Assets and liabilities:_**
HT
Driver Trust
Shares
HT
Daw's Trust
Shares
HT
Driver deposit
HT
Daw's deposit
St H
Driver deposit
St H incl St L and HT
Extension deposit
Chancel Shares
Chancel deposit
Bank: No 1
Bank: No 2
Less owed as agent
**_Represented by:_**
Unrestricted
Restricted funds
Designated Funds: OCH & hall mangers' fund
|94
83
12
10
107
111
23
24
31
32
63
64
0
0
0
0
14
31
42
18
-2|
|---|---|
||386
370
-16|
||48
47
-1
331
320
-11
7
3
-4|
||386
370
-16|
_Details of movements on each fund to be provided by R Rowe_
The funds are represented by cash and investments which have been checked and verified against bank and investment statements.
A sample review of payments was carried out and supporting source documents and approval was checked.
## **Comments:**
-Hall hire invoices should be numbered consecutively and not by date to ensure completeness of the invoicing process and collection of hall hire fees.
-The card collection company “Goodbox” is in administration and on discussion it appears that a maximum of £50 may be but is unlikely to be at risk. This is not material and would not appear in the accounts until next financial year.
-Arrangements for paid work should be documented in a “current contracts/arrangements” file. -There has been no VAT claim under the Listed Places of Worship Grant scheme; Richard will investigate if there have been any qualifying expenses in 2022.
- The uncertain future of the Carnarvon Rooms may see a reduction in income which would be somewhat offset by a reduction in costs.
-Cash assets may be better invested in deposit accounts now that interest rates have increased.
Generally, the process of recording financial transactions continues to improve and the next steps may be to simplify processes further. For instance the Restricted Funds do not necessarily have a 1-1 correlation with the bank and deposit accounts and share holdings. The point of a Balance sheet is to record net assets and then show how these assets are represented by Funds. Consideration should
be given to amalgamating the funds to simplify their use and accounting. The new Charities bill will facilitate this by making it easier to “free up/transfer” Restricted donations.
Finally, I would like to thank Richard Rowe for his help and for presenting a clear, accurate and well documented set of accounts.
Signed: (by e mail) Name: Sally Luther ACMA, ACT. Address: 23, Whitfield, Stanford in the Vale, Oxon. SN7 8FL Date:7.03.2023
## **Treasurer’s Report to the BJBSB PCC On The Financial Statement 2022**
Attached are the Balance Sheet and Financial Statement for the year ending 31[st] December 2022, together with more detailed accounts of income and expenditure.
The year has seen an increase in giving as a result of increased church attendance, and although ‘extraordinary’ donations were less than last year, the church has been able to increase its Parish Share, and also been able to make mission giving payments in excess of £3,000. The net result has been a very small erosion (£875) of available funds.
Invested Restricted Funds held in shares have not fared well in the current economic climate, although interest rates are stronger and therefore deposit accounts have, and will continue to, improve.
The church has a ‘feel good’ factor that breeds optimism for next year, although economic pressures will continue to impact on both income and costs.
The treasurer is grateful for the help received from David Sheath, both in handing the accounts over in ‘good order’ and for his continuing assistance. Also to Jo Foster for her support and advice. Thanks as well go to Sally Luther for her work in examining, reporting and commenting on the accounts.
## **BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH PCC**
## **Financial Statements for the Year ending 31. December 2022**
## **Balance Sheet at 31 December 2022**
|**2022**
**CURRENT ASSETS**
**£**
**CCLA**
Holy Trinity Driver Trust Shares
82,645.60
Holy Trinity Daw’s Trust Shares
10,330.70
Holy Trinity Driver Trust Deposit
110,511.55
Holy Trinity Daw’s Trust Deposit
23,793.77
St Helen’s Driver Trust Deposit
31,810.86
St Helen’s Extension Trust Deposit
63,846.42
Chancel Shares
359.71
Chancel Deposit
218.82
**Bank Accounts**
No 1 Nat West Bank Account
30,943.01
No 2 Nat West Bank Account
18,087.64
Less Funds held in No.2 a/c 'Owed as Agent'
(2,199.02)
**TOTAL NET ASSETS**
**370,349.06**
**PARISH FUNDS**
Unrestricted
46,915.43
Restricted
320,109.63
Designated funds held in No. 2 a/c
3,324.00
**TOTAL FUNDS**
**370,349.06**
**NOTE:-**
**Residual Restricted and Designated Funds Money held in No 2 A/C**
Holy Trinity Driver Trust
66.55
Holy Trinity Daws Trust
-2706.84
St Helen’s Driver Trust
-3107.09
St Helen’s Extension Trust
-1798.46
St Helen’s Hall Management Fund
3324.00
St Helens Co-op Toddler & Community Fund
4138.04
**Total**
**(83.80)**|**2021**
Movement
**£**
93,546.80
-10,901.20
11,693.35
-1,362.65
106,630.10
3,881.45
23,179.02
614.75
31,397.90
412.96
63,017.58
828.84
407.16
-47.45
205.32
13.50
13,909.88
17,033.13
41,995.14
-23,907.50
-2,199.02
**385,982.25**
**-15,633.19**
47,790.60
-875.17
331,179.65
-11,070.02
7,012.00
-3,688.00
**385,982.25**
**-15,633.19**|
|---|---|
**PARISH FUNDS values have been adjusted to reflect the above**
|All Funds||**Fund**
**Closing Blance**
**31 Dec 22**|||110,578.10|82,645.60||21,086.93|10,330.70|||28,703.77||359.71|218.82||62,047.96||4,138.04||**320,109.63**|||5,079.95|1,016.20|19,421.49|3,807.34|1,825.68|1,230.79|746.69|1,016.13|804.15|25,573.14|307.34|1,219.06|**62,047.96**||||**3,324.00**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Current Assets held by CCLA and CBFIF All Restricted Trust Funds 31.December 2022**
Restricted and Designated Funds held in No. 2 Account||CCLA
**Trust Funds**
**Funds**
**Trust Funds**
**Share**
**CCLA Fund**
CCLA
CCLA
**No. 2 A/c**
**No. 2 A/c**
**No. 2 A/c**
**No. 2 A/c**
**No. 2 A/c**
Notes
**Location of Assets**
**Where**
**Fund A/C**
**2022 Opening**
**Interest**
**Added**
**Transferred**
**Value**
**Expenditure**
**2022 Closing**
**2022 Fund**
**Opening Balance**
**Funds Added**
**Expenditure**
**Transferred**
**Closing Blance**
**Movement**
**Held**
**No**
**Balance**
**2022**
**2022**
**To No 2 A/C**
**Movement**
**2022**
**Balance**
**Movement**
**01 Jan 22**
**2022**
**2022**
**from CCLA**
**31 Dec 22**
**2022**
Driver Deposit
CCLA
638135001D
106,630.10
3,881.45
110,511.55
3,881.45
140.47
73.92
66.55
(73.92)
1
Driver Shares (Holy Trinity)
CCLA
638135003S
93,546.80
(10,901.20)
82,645.60
(10,901.20)
-
-
Geofrey Daws Trust Deposit
CCLA
638135002D
23,179.02
614.75
23,793.77
614.75
70.16
2,777.00
(2,706.84)
(2,777.00)
1
Geofrey Daws Trust Shares
CCLA
638135002S
11,693.35
(1,362.65)
10,330.70
(1,362.65)
-
-
Driver Deposit
CCLA
638063002D
31,397.90
412.96
31,810.86
412.96
891.79
3,998.88
(3,107.09)
(3,998.88)
1
Chancel Shares
CBFIF
138001692S
407.16
(47.45)
359.71
(47.45)
-
-
Chancel Deposit
CBFIF
138002117D
205.32
13.50
218.82
13.50
-
-
Extension Fund. (Multiple funds. See Below)
CCLA
638063001D
63,017.58
828.84
63,846.42
828.84
-
-
1,798.46
-
(1,798.46)
(1,798.46)
Co-op Toddlers and Community Fund
No.2 a/c
-
-
4,568.92
430.88
4,138.04
4,138.04
-
**Totals**
**330,077.23**
**5,751.50**
**-**
**-**
**(12,311.30)**
**-**
**323,517.43**
**(6,559.80)**
**1,102.42**
**4,568.92**
**9,079.14**
**-**
**(3,407.80)**
**(4,510.22)**
**Trust Funds (Holy Trinity)**
**Trust Funds (St. Helen’s)**|||||||||||||||||||||**Held Within St. Helen’s Extension Fund**
CCLA
638063001D
Anonymous Trust ( Holy Trinity )
Ditto
5,014.00
65.95
5,079.95
65.95
-
-
Dr. Roger Godfrey Trust ( Holy Trinity )
Ditto
1,003.01
13.19
1,016.20
13.19
-
-
*Hoye
Ditto
19,611.04
257.93
19,868.97
257.93
447.48
(447.48)
(447.48)
*Pinckney
Ditto
3,757.91
49.43
3,807.34
49.43
-
-
*Allen
Ditto
1,801.98
23.70
1,825.68
23.70
-
-
*Organ
Ditto
1,356.94
17.85
1,374.79
17.85
144.00
(144.00)
(144.00)
*Choir Vestments
Ditto
737.00
9.69
746.69
9.69
-
-
*Trevor Bonnington
Ditto
1,002.94
13.19
1,016.13
13.19
-
-
*Betty Crowshaw
Ditto
1,002.94
13.19
1,016.13
13.19
211.98
(211.98)
(211.98)
*Margaret Exley Trust
Ditto
26,116.64
343.50
26,460.14
343.50
887.00
(887.00)
(887.00)
Trevor Bonnington ( St. Luke’s )
Ditto
409.95
5.39
415.34
5.39
108.00
(108.00)
(108.00)
Louise Bethell ( St. Luke’s )
Ditto
1,203.23
15.83
1,219.06
15.83
-
-
**Totals**
**63,017.58**
**828.84**
**-**
**63,846.42**
**828.84**
**-**
**-**
**1,798.46**
**-**
(1,798.46)
(1,798.46)||||||||||||||||||
|**Current Assets held by CCLA and CBFIF All Restricted Trust Funds 31.December 2022**||CCLA
**2022 Fund**
**Movement**|||3,881.45|(10,901.20)||614.75|(1,362.65)|||412.96||(47.45)|13.50||828.84||-|-|**(6,559.80)**|||65.95|13.19|257.93|49.43|23.70|17.85|9.69|13.19|13.19|343.50|5.39|15.83|**828.84**|||||
|||CCLA
**2022 Closing**
**Balance**|||110,511.55|82,645.60||23,793.77|10,330.70|||31,810.86||359.71|218.82||63,846.42||||**323,517.43**|||5,079.95|1,016.20|19,868.97|3,807.34|1,825.68|1,374.79|746.69|1,016.13|1,016.13|26,460.14|415.34|1,219.06|**63,846.42**|||||
|||**CCLA Fund**
**Expenditure**
**2022**|||||||||||||||||||**-**||||||||||||||||||||
|||**Share**
**Value**
**Movement**||||(10,901.20)|||(1,362.65)|||||(47.45)|||||||**(12,311.30)**||||||||||||||||||||
|||**Trust Funds**
**Transferred**
**To No 2 A/C**|||||||||||||||||||**-**|||||||||||||||**-**|||||
|||**Funds**
**Added**
**2022**|||||||||||||||||||**-**||||||||||||||||||||
|||**Trust Funds**
**Interest**
**2022**|||3,881.45|||614.75||||412.96|||13.50||828.84||||**5,751.50**|||65.95|13.19|257.93|49.43|23.70|17.85|9.69|13.19|13.19|343.50|5.39|15.83|**828.84**|||||
|||CCLA
**2022 Opening**
**Balance**|||106,630.10|93,546.80||23,179.02|11,693.35|||31,397.90||407.16|205.32||63,017.58||-||**330,077.23**|||5,014.00|1,003.01|19,611.04|3,757.91|1,801.98|1,356.94|737.00|1,002.94|1,002.94|26,116.64|409.95|1,203.23|**63,017.58**|||||
|||**Fund A/C**
**No**|||638135001D|638135003S||638135002D|638135002S|||638063002D||138001692S|138002117D||638063001D||||||638063001D|Ditto|Ditto|Ditto|Ditto|Ditto|Ditto|Ditto|Ditto|Ditto|Ditto|Ditto|Ditto||||||
|||**Where**
**Held**|||CCLA|CCLA||CCLA|CCLA|||CCLA||CBFIF|CBFIF||CCLA||No.2 a/c||||CCLA|||||||||||||||||No.2 a/c|
|||**Location of Assets**||**Trust Funds (Holy Trinity)**|Driver Deposit|Driver Shares (Holy Trinity)||Geofrey Daws Trust Deposit|Geofrey Daws Trust Shares||**Trust Funds (St. Helen’s)**|Driver Deposit||Chancel Shares|Chancel Deposit||Extension Fund. (Multiple funds. See Below)||Co-op Toddlers and Community Fund||**Totals**||**Held Within St. Helen’s Extension Fund**|Anonymous Trust ( Holy Trinity )|Dr. Roger Godfrey Trust ( Holy Trinity )|*Hoye|*Pinckney|*Allen|*Organ|*Choir Vestments|*Trevor Bonnington|*Betty Crowshaw|*Margaret Exley Trust|Trevor Bonnington ( St. Luke’s )|Louise Bethell ( St. Luke’s )|**Totals**||Designated Funds St. Helens||Hall Management Fund|
|||Notes||||1|||1|||||1|||||||||||||||||||||||||||
## **PAROCHIAL CHURCH COUNCIL OF BURTON JOYCE WITH BULCOTE AND STOKE BARDOLPH**
## **Financial Statement for the Year Ended 31 December 2022**
|**Receipts and Payments Accounts**
**Unrestricted Designated Restricted**
**TOTAL**
**RECEIPTS**
**Funds**
**Funds**
**Funds**
**2022**
**Voluntary Receipts:**
**£**
**£**
**£**
Planned Giving
22,216
22,216
Collection at Services
6,649
6,649
All other Giving / Voluntary receipts
2,083
2,083
Gift Aid Recovered
7,810
7,810
**38,758**
**-**
**-**
**38,758**
**Activities for Generating Funds**
Donations
3,260
4,569
7,829
Investment income
5,751
5,751
Share value movement
(12,311)
(12,311)
Church activities / Hall Lettings
13,380
13,380
Other Receipts
-
-
**16,640**
**-**
**(1,991)**
**14,649**
**TOTAL RECEIPTS**
**55,398**
**-**
**(1,991)**
**53,407**
**PAYMENTS**
**Church Activities**
Diocesan Parish Share Contribution
39,960
39,960
Ministry and Staffing Costs
2,996
2,996
Church Running Costs
3,657
3,688
8,167
15,512
Hall Running Costs
1,391
1,391
Mission Giving
3,000
3,000
Insurance
4,141
912
5,053
Cost of Generating Funds
755
755
Licence Fees
373
373
-
**TOTAL PAYMENTS**
**56,273**
**3,688**
**9,079**
**69,040**
**RECEIPTS over PAYMENTS**
**(875)**
**(3,688)**
**(11,070)**
**(15,633)**
**2022**|**2021**|
|---|---|
||**Unrestricted**
**Restricted**
**TOTAL**
**Funds**
**Funds**
**2021**
**£**
**£**
**£**
20,912
20,912
4,080
4,080
4,881
8,000
12,881
5,798
5,798|
||**35,671**
**8,000**
**43,671**
18,563
18,563
16,793
16,793
3,947
3,947
377
377|
||**22,887**
**16,793**
**39,680**|
||**58,558**
**24,793**
**83,351**|
||31,200
31,200
3,456
3,456
4,378
14,526
18,903
1,616
988
2,604
-
-
4,922
4,922
-
-
410
410|
||**45,982**
**15,514**
**61,496**|
||**12,575**
**9,279**
**21,855**|
|**Notes**|**RECEIPTS – UNRESTRICTED**|**2022**|2021|
|---|---|---|---|
||Regular Giving– Direct Debit|22216.00|20451.00|
||Regular Giving– Envelopes|0.00|460.50|
||Open Plate Collection – GASDS|6648.62|4080.00|
||Donations|3260.27|18562.81|
||Gift Aid Recovered|7810.17|5798.45|
||Churches Income|1146.95|432.50|
||Church Centre Income|3112.50|1128.00|
||Carnarvon Room Income|5212.50|1458.75|
||Old Church Hall Income|585.00|927.50|
||Church Fees – Payable to PCC|3323.00|3918.00|
||Coffee Chit Chat|1170.85|261.20|
||Tea / Coffee – After Services|603.30|116.09|
||Specific Fund Raising|308.40|140.00|
||Gas Rebate|0.00|16.91|
||ElectricityRebate|0.00|703.12|
||CR Alarm Rebate|0.00|82.00|
||BT Rebate Carnarvon Room|0.00|21.02|
||**TOTAL UNRESTRICTED INCOME**|**55397.56**|**58557.85**|
|**Notes**|**PAYMENTS – UNRESTRICTED**|**TOTAL**||
|---|---|---|---|
||Diocesen Parish Share|39,960.00|31,200.00|
||MinistryCosts / Expenses|129.92|342.04|
||Church / Yard Maintenance|164.61|277.98|
||Services Inc. Organists|6.75|54.74|
||Parish Administrator|2,640.00|2,640.00|
||Church Centre Maintenance|4.50||
||Carnarvon Room Maintenance|-||
||Old Church Hall Maintenance|-|94.58|
||Insurance|4,141.54|4,922.37|
||UtilityBills – Churches|3,080.09|3,342.20|
||UtilityBills – Carnarvon Room|1,215.00|577.20|
||UtilityBill – Old Church Hall|175.62|731.96|
||Carnarvon Room Phone|-|231.97|
||Service Sheets – Stationeryetc.|12.06|346.87|
||Miscellaneous charges|388.60|390.18|
||Copyright Licence / Misc/music|372.89|410.33|
||Fund RaisingCosts|378.34||
||Mission Giving|3,000.00||
||Legal Costs.(Ruth Strong)|-||
||Goodbox costs|376.56||
||Stand In Minister Costs(AA sabbatical)|226.25||
||**TOTAL UNRESTRICTED PAYMENTS**|**56272.73**|**45562.42**|