## **TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022** **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **REGISTERED CHARITY NUMBER: 1144696** Independent Examiners Ltd Unit 2 Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF 1 ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **CONTENTS** Page 3 Legal and Administrative Information Page 4 Independent Examiner's Report to the Trustees Page 5 to 9 Trustees' Annual Report Page 10 Statement of Financial Activities Page 11 Balance Sheet Pages 12 to 21 Notes to the Financial Statements 2 ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **CHARITY NUMBER** 1144696 **START OF FINANCIAL YEAR** 1st January 2022 **END OF FINANCIAL YEAR** 31st December 2022 **LEGAL STATUS** Registered Charity ## **GOVERNING INSTRUMENT** Parochial Church Council Powers Measure (1956) as amended and Church representation rules that came into force on 2 January 1956. ## **OBJECTS** Promoting in the ecclesiastical parish the whole mission of the Church. ## **REGISTERED ADDRESS** The Vicarage 205 Kneller Road Whitton Twickenham Middlesex TW2 7DY **BANKERS** Barclays Bank Plc Hounslow Leicestershire LE87 2BB ## **INDEPENDENT EXAMINER** Independent Examiners Ltd Unit 2 Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF 3 ## **INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS** This report on the financial statements for the PCC St Philip and St James, Whitton for the year ended 31st December 2022, which are set out on the following pages, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 ('the regulations') and s.145 of the Charities Act 2011 ('The Act'). ## **Respective Responsibilities of the PCC and the Examiner** As the members of the PCC you are responsible for the preparation of the financial statements; you consider that the audit requirement of Regulations and section 144(2) of the Charities Act 2011 (the Act) does not apply. It is my responsibility to issue this report on those financial statements accounts in accordance with the terms of the Regulations. ## **Basis of Independent Examiner's Report** My examination was carried out in accordance with the General Directions given by the Charity Commission under section 145 (5)(b) of the Act and to be found in the Church Guidance 2006 edition, issued from the Finance Division of the Archbishops' Council. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below. ## **Independent Examiner's Statement** In connection with my examination, no matter has come to my attention: - 1) which gives me reasonable cause to believe that in any material respect the requirements - ●to keep accounting records in accordance with section 130 of the Act; and - to prepare accounts which accord with the accounting records and to comply with the requirements of the Act, and the - Regulations have not been met; or - 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Independent Examiners Limited Unit 2 Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF Dated: …......................202315th March 4 ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **TRUSTEES' ANNUAL REPORT** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **AIMS AND PURPOSES** Ss Philip & James’ Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent, the Reverend David Cloake, in promoting the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical through provision of activities for all. The PCC is also specifically responsible for the maintenance of the Parish Hall and Grounds of Ss Philip & James Church, Hounslow Road, Whitton, TW2 7DY ## **OBJECTIVES AND ACTIVITIES** The PCC is committed to enabling as many people as possible to worship at the church and to become part of the parish community at Ss Philip & James. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and the Sacraments. In 2021 we agreed a PCC Objective which is stated on every PCC Meeting Agenda to remind the members of their obligation while being on the PCC, which is as follows: _"As elected representatives, we strive to promote God's mission, working with our clergy to enable effective communication, in creating a welcoming and inclusive church that reaches out to the congregation, community and the wider church family. We work within the governance and legal frameworks required to create a safe and compliant parish, and acting as stewards of our estate and assets."_ When planning our activities, we consider the Commission’s guidance on public benefit and, particularly, the supplementary guidance of charities for the advancement of religion. We endeavour to enable ordinary people to live out their faith as part of our parish community through: - Regular public worship, open to all. - The provision of sacred space for personal prayer and contemplation. - Pastoral work, including visiting the sick and the bereaved. - Teaching of Christianity through sermons, courses and small groups - Taking of religious assemblies in schools. - Receiving visiting groups into church to talk about the building and its purpose. To facilitate this, it is important that we maintain the fabric of the Church of Ss Philip & James and the Parish Hall and grounds. The church is also left open during daylight hours each day of the week for this who wish to visit. ## **WORSHIP AND PRAYER** The PCC is keen to offer a range of services during the week and over the course of a year. Our community find these both beneficial and spiritually fulfilling. For example, our smaller week day services provide a quiet, intimate and reflective environment for worship. Our 9.30am service provides the opportunity for people to engage in a larger service that involves our Choir, our Junior Church, and a once a month family friendly service. These particular services include Lay ministry involvement and other stakeholder groups within our parish. We continue to be successful in welcoming more families into our church, nourished by the specifically tailored All-Age service on the first Sunday of the month. We have specific arrangements in place for baptisms (either within the 9.30am Sunday service or following that service, depending on the families wishes). Our baptism work has increased over recent years which, in turn, demands that we seek more members to assist with the preparatory ministries. This work has previously been overseen by members of our Pastoral Group and with current re-structuring for a refreshed vision and direction we hope we will be able to offer this again in 2023. The parish produces a bespoke service booklet for all services, which contains not only the words of scripture, prayers and hymns, but also other salient information from across the parish, acting also in the form of a weekly newsletter and includes the church Officers’ contact information. People of all ages and spiritual backgrounds are welcomed into our services. There are 176 members named on our Church Electoral Roll, a number that has remained fairly constant in recent years. The average weekly attendance, counted during October, was 84, with this number increasing at festivals, particularly Christmas and Easter. As well as our regular services, we enable our community to celebrate and thank God at the milestones of their journey through life. Through baptisms, marriages and at funeral services we provide way-markers for the transitions in the lives among whom we live. In 2022 we have celebrated 12 baptisms, two weddings, and held eight funerals in church plus 37 externally, at cemeteries or the crematoria. 5 ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **TRUSTEES' ANNUAL REPORT (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **THE PARISH HALL** The Parish Hall serves two important functions in the life of the parish – the first being as a revenue generator to fund the wider mission of the parish. The second, and perhaps more important function of the Hall is that it allows the parish to support thirdparty organisations. This is through a discounted or pro-bono charge for their own charitable ends. It is also a very popular venue for hire by the local community for family functions, children’s parties, and other one-off events throughout the year. We currently welcome a number of uniformed youth organisations and groups serving the needs of those most isolated in our area. The needs of young families and children of all ages are catered for, as well as other charities using the hall for their own ad hoc fundraising events (hosted by us or by their own representatives). The Hall is also used as a local Polling Station in local, national and international elections. Parish use of the hall this year included our second Saturday of the month Bacon Buttie Coffee Mornings, which continues to be a huge success. We held two very successful Quiz Nights on 23[rd] April and 5[th] November, along with a celebration of our late Queen’s Platinum Jubilee with an Afternoon Tea on 11[th] June, which was enjoyed by all. Other events included our ever popular Christmas Lunch on 11[th] December which was equally well attended and enjoyed. A new event this year was ‘A Little Light Music’ concert which was held on 16[th] October, for which refreshments were also served in the hall, along with our regular Service of Nine Lessons & Carols on the 18[th] December. Aside from its outward looking and income generating work, the Hall is usually used by the parish for its own events, as mentioned above. We delight in bringing together local people who don’t necessarily attend our church, thus making the hall an excellent outreach commodity within the community. ## **PASTORAL CARE** - Inevitably, there are some members of our parish who are unable to attend church services due to sickness or infirmity and Fr David continues to arrange visits for them, via himself and our associate Vicars and LLMs, either in person or via phone contact. - Home Communion visits continue to those who request it. - LLM Sue Hodder-Hesling is Chair of our Pastoral Group. Our much needed Bereavement Café continues to be a great source of comfort to those who attend. Over the course of the year we had a total of 123 guests visit: 93 from Ladies and 30 from Gentlemen. Out of these visits, 38 different individuals have attended and have benefited from this ministry, 30 were Ladies and 8 were Gentlemen. ## **MISSION AND EVANGELISM** We continue to evolve from an inward-looking parish community concerned with self-preservation, to one that is outwardlooking. Primarily through donated time in our Parish Hall, where we have subsidised the efforts of those who seek to make a difference to those in greatest need in our community. These include groups serving the marginalized, the needs of young and new families, reaching out to the lonely, fostering reciprocal relationships with the uniformed organisations, as well as various charity events. In evangelistic terms, we continue to publish and distribute a termly newsletter, ‘Faith Book’, to a large majority of homes within the parish boundaries which continues to be a welcomed link by our community. In addition to this, we strive to commit to writing to each new home owner assuring them of our prayers for them and offering them an opportunity to engage in that process on their terms. These two initiatives have yielded good fruit in the last couple of years. Our worship is not confined to the church building. We have worked hard to initiate and nurture a regular spiritual presence on the DERA Estate on the far border of the parish, itself dissected from the rest of the parish by a significant dual carriageway. We continue to facilitate and lead services and social events that are usually well supported. ## **ECUMENICAL RELATIONSHIPS** We enjoy reciprocal and positive relationships with churches of other denominations in the area, sharing membership of the ‘Churches Together in Whitton’ organisation. The CTiW organises events throughout the year and members of the parish are often central to those arrangements. The CTiW provide a free Christmas Lunch to those who would otherwise be alone at Christmas. This is offered to folk both to attend the Lunch in our Parish Hall or in the form of a ‘Take-Away’. We continue to be blessed with volunteers cooking the meal in our Hall, along with other volunteers driving to pick up and return those who attended or delivered the meal to others. We are truly grateful for this outreach ministry. This has been very much appreciated by all those who receive it, not only for the meal but also for the chance to be able to chat to someone else on such an important day. We were also able to reinstate our ‘Walk of Witness’ through Whitton High Street on Good Friday, 15[th] April, culminating with a service at our church, including coffee and hot cross buns. We also hosted the Masonic Rose Croix Service on 12[th] June and a Vigil for Persecuted Christians service on 20[th] November. There were also two Service of Light services for two Whitton Undertakers on 13[th] & 15[th] December. Refreshments were provided for all of the above. We enjoy close relations with local Inter-faith groups in this ethnically diverse area and will continue to do so. 6 ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **TRUSTEES' ANNUAL REPORT (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **FINANCIAL REVIEW** ## **General Fund – Income** The parish is very fortunate to be supported by regular givers who provide over 1/3 of a normal year’s income. This has been maintained throughout the pandemic and although death has caused the loss of some givers, new members joining the scheme have maintained the level of regular giving. Online and contactless giving facilities are gradually replacing loose plate collections as a preferred way of giving Overall, income from voluntary giving and fundraising events have, through the year, gradually returned to near pre-covid figures, although income from hall bookings is still lower than 2019 figures. The parish were fortunate in receiving a Church of England Energy Relief Grant of £2,641 to help with the increasing energy costs. ## **General Fund – Expenditure** The continued return to pre covid income levels enabled an increase in Common Fund payments to the Diocese of London to £59,600 - 60% of standard cost - (in 2021 only 28% was possible) Our energy is purchased through the Church of England Parish Buying Energy Basket which aims to obtain the best prices for parishes through bulk buying. Energy prices however increased considerably when our contract renewed in Oct 2022 although the full impact of this will be noticed in 2023. Overall, general expenditure was kept to a minimum and the resulting net surplus of £6,493 on General Fund will be retained for expenditure on planned maintenance projects including replacement of the church central heating boilers which has been held over until funds are available. **RESTRICTED FUNDS** – Funds given for a specific purpose **Organ Repair Fund** The magnificent sum of £14,685 was raised from donations, and together with a £500 payment from the **Friends of SS Philip & James Fund** enabled the refurbishment of our church organ. **LBR Civic Pride Fund** _–_ the balance of £196 was spent in the provision of railings to the exterior of the new hall doors. **Bench Appeal** – A total of £1,811 was raised and benches will be installed in spring 2023. **Playground Fencing** has been installed to the area of the church grounds outside the new hall doors utilising the donation of £1000 from the SSPJ Women’s Group, and the balance of cost taken from general funds. A donation of £250 was received from the Quadratic Masonic Chapter to support the work of our **Bereavement Café** . A donation of £600 was received to support the tuition fees of our young organ scholar, with further support from the remaining balance in the **Wickstone Fund** and the **Children and Young Peoples Fund (Designated).** **Church Reordering Fund –** A grant of £7,500 was received from the Benefact Trust and £3,120 spent on Architect Fees. ## **Reserves policy** It is PCC policy to try to maintain a balance on unrestricted funds which equates to at least three months unrestricted payments. This is equivalent to £35,000. It is held to smooth out fluctuations in cash flow and to meet emergencies. Cash balances held on unrestricted (including designated) funds at the year end, together with amounts payable to and by the PCC exceed this amount. ## **Covid-19** The financial effects of Covid-19 were mitigated in 2021 and 2022 by reduction of the Common Fund payment to the Diocese. Although Covid-19 continued to have financial impact during 2022 its effects are diminishing and the financial position for 2023 remains positive. Financial policies have been reviewed and considered adequate. 7 ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **TRUSTEES' ANNUAL REPORT (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **VOLUNTEERS** The work of the parish is, in most cases, undertaken by volunteers. Excepting Fr David Cloake and Helen Bott, who is our salaried Parish Administrator. Members of the parish also offer time and talent on a voluntary basis. The Vicar would like to thank all members of the parish community who give so generously of their time and talents, often quietly and diligently, and without expectation of recognition but more especially during the past year when life has again been challenging for all, both spiritually and personally, especially as restrictions have been updated/changed/lifted during the year so flexibility has been key. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The method of appointment of PCC members is set out in the Church Representation Rules. At Ss Philip & James Church, the membership of the PCC consists of the Incumbent (our Vicar), two Churchwardens, two Licensed Lay Readers, three Deanery Synod members (one of whom represents the parish and deanery at the Diocesan Synod), together with members from among the community, elected by those who are on the Electoral Roll of the church. All worshipping members of the community are encouraged to enter their names on the Electoral Roll and stand for election to the PCC and who are over the age of 16 years. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. The PCC are advised by separate Working Groups who specialise in the various aspects of the PCC’s own work (Finance, Estates, Children, Young People & Families, Communications, Outreach, Hospitality and Pastoral). New members are inducted into the functions and purposes of their membership of the PCC. The full PCC met seven times during the year with an average attendance of 82%. Given its wide responsibilities the PCC has, as described, constituted Working Groups who advise, research and make proposals on matters ready for the full consideration of the PCC in its meetings. The membership of these groups includes both members and non-members of the PCC from across the wider parish. Three of the PCC meetings were jointly held with the St Stephen’s PCC, three were held via Zoom and four were able to be held in person in the hall, church or office during the year. ## **SAFEGUARDING** The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016, in relation to having due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults. ## **ADMINISTRATIVE INFORMATION** Ss Philip & James’ Church is situated on Hounslow Road, Whitton. It is part of the Diocese of London within the Church of England. The correspondence address is The Vicarage, 205 Kneller Road, Whitton, TW2 7DY, and its PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006) and a charity registered with the Charity Commission, being entered on its registers with the Charity Number 1144696. PCC members who have served at any time during 2022 are as follows: ## **Ex Officio** - Incumbent and PCC Chair - The Reverend David Cloake - Associate Priest – The Revd Vernon Fray - Associate Priest – The Revd Christopher Henley - LLM Mrs Sue Hodder-Hesling - LLM Mr Peter Lee - Warden – Mrs Linda Schubert – to April 2022 - Warden – Mr Mark Croucher – from April 2022 - Warden – Mr Chris Raymond - Deanery Synod Representative - Ms Rosemary Hodi - Deanery Synod Representative - Mrs Anne-Marie Philp – Data Protection & Electoral Roll Officer - Deanery Synod Representative - Mr Ken Riley RIP – until 16[th] July 2022 ## **Elected Members** - Mrs Angela Bowman – Church Safeguarding Officer - Ian Clabon - Mr Colin Downey - Mrs Jan Furze – Hon PCC Treasurer - Mr Mark Johnson – Stewardship Recorder - Mrs Jane Lewis – Hon PCC Clerk of Works - Mrs Karen Mackay – Hon PCC Secretary - Mrs Linda Schubert – from April 2022 - Mr Chris Penson 8 PAROCHfAL CMURCH COUNCIL OF sr PHIUP & ST JAMES. wiirrroN TRUSTEES. ANNUAL AEPQRT (Continued) FOR ThE YEAR E14DEO 31ST DECEMBER 2022 Twst•e• Responslbllltl•* The twstees Imernbers of the PCCI are resPon￿￿e for wepariry the Report and lthe finandal statements In ￿￿O￿ance w￿h Op￿￿a01t law and Untted ¥iTrgdom ACCOUn￿n9 SWdards (united ￿ngdorn GWeral￿ Accepted Accounting Prachcel. The Charttyes Act 2011 require the trustees to prepare finanoal ststements for each finanual year whlch give a true and falr vlew of the state of affalrs of the trust arKJ of the sU￿S of the tryst for that per￿1. ITr preparinu those financial statements the trustees are required to: 11 Sdett sur(able aCCoun￿￿j pol￿£% Ind apply them tOn*5tenty 111 Make Judgefflents and estlmates that are reasonab￿ rThJent 111} Prepare finandal staternents on the gLHrvJ ic i5 Inapwopriate to pregjrne that the trust wll ¢onUNe In existerice. The trustees are responsltAe for keeplwj ￿￿per ￿Urth9 recovds that ¢Jisck)se ￿aSOna￿e acturdcy * any ttme the flnancial poytion of the chanty and enable them to erwre that the fina￿la1 ststements comply wth the Chariknes Act 2011, the applicable Charity IAccounts and Reports) AegLdabons and the Wavisons of Ihurth Accountsn9 RegUla￿on$ 2006. They a￿ atso reSpOn￿ble for safeguardlng the assets of the tharity and her￿ f¢f tsknThJ reawatAe step5 for the prevenbon and detection of fraud ané other I￿e9￿larItie$. Ine I￿sree5 are respOnsi￿e ror tne ￿l￿te￿Or￿e arwj wwrrty or rThe cnarrty nnanoai Inrormatyon Inau¢7eo on tne thanty's Vleb￿te In accordance With I¥l￿atIon In the ￿ngd￿rn governkng preparation and ￿￿￿eMIn￿￿on of financial 51atements. Apyoved by the Truste¢s on.. ............. 2023.._._._._._.__._.__-._._._....____-......_._._._...- Sgned on thelr beha￿ bv..... prtnted Name: Rev D C C*)ake- Chalr ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** |**Notes**
**INCOME FROM:**
Donations & Legacies
**3a**
Other Trading Activities
**3b**
**3c**
Charitable Activities
**3d**
**TOTAL INCOME**
**EXPENDITURE ON:**
Charitable Activities
**4a**
Governance Costs
**4b**
**TOTAL RESOURCES USED**
**NET INCOME/(EXPENDITURE)**
**NET MOVEMENT IN FUNDS**
Balances Brought Forward
Transfer Between Funds
**5,6**
**BALANCES CARRIED FORWARD**
Investments|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2022**
**2021**
£
£
£
£
£
83,712
269
23,520
107,501
81,887
48,196
77
25
48,298
17,853
44
-
-
44
21
1,597
-
-
1,597
4,695
**133,549**
**346**
**23,545**
**157,440**
**106,204**
121,836
1,110
19,776
142,722
83,535
5,220
-
-
5,220
5,055
**127,056**
**1,110**
**19,776**
**147,942**
**88,590**
**6,493**
**(764)**
**3,769**
**9,498**
**17,614**
6,493
(764)
3,769
9,498
17,614
51,983
569,895
53,670
675,548
657,934
-
-
-
-
-
**58,476**
**569,131**
**57,439**
**685,046**
**675,548**| |---|---| Movements on all reserves and all recognised gains and losses are shown above. All of the PCC's operations are classed as continuing. The notes on pages 12 to 21 form part of these financial statements. 10 PAROCHIAL OIUR¢H ¢OiINaL OF sr piizup & STJAMES. WHrrTON BALANCE SHEET AS AT 31ST DECEMBER 2022 Total 31-Dw22 Totsi 31-DK-21 Funds Funds Funds Nots FSMed A#￿tr Tanglble Assers 465.000 465,000 Current Assets Debtor5 & Prepayrnents h at Bank and in Hand Total Current Assets 0.224 61,833 6,224 6.679 214 268 47 Credltors: Due Wthln One Year 9.581 4.504 14.085 10,399 NET CURRENT ASSETS 58.476 104.131 57.439 220,046 210.548 TOTAL ASSETS k55 ￿rrent 58070 57.43 Credlt•r#: Due in More thon (he Year io NET ASSETS Funds of th• Charlty UnrestrfLteé Funds De￿gnated Funds Restricted Funds 58.476 $8,476 569,131 57,439 51,983 5S9,895 53.670 569.131 57.439 Approved by the Trustees oTr...... ................................... ..2023_. &gned on thelr behatr by... Prfnted 118rne.' Rev O C C*Jake- thalr ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **1. ACCOUNTING POLICIES** ## **a) Basis of Preparation of Financial Statements & Assessment of Going Concern** The accounts are prepared under the historical cost convention, in accordance with the Church Accounting Regulations 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with FRS 102 (effective 1 January 2019) - (Charities SORP (FRS 102)) and the Charities Act 2011. The primary objective of the charity is to promote the gospel of our Lord Jesus Christ according to the doctrine and practice of the Church of England. The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. There are no material uncertainties about the charity’s ability to continue as a going concern. The church is a registered charity in England and Wales. The Trustees are the members of the PCC named on page 8. ## **b) Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period. ## **c) Fund accounting** PCC funds are required to be analysed under specific headings, as follows. **General funds** represent the ‘free’ funds of the PCC that are not subject to any restriction regarding their use and are available for application for the general purposes of the PCC. **Designated funds** are earmarked by the PCC for purposes but are nevertheless still unrestricted as the PCC can reassign the funds if it wishes. **Restricted funds** are funds collected or donated for a purpose and cannot be used by the PCC for any other purpose except by agreement with the donor. The funds of the PCC have been appropriately analysed, and the statement of financial activities has been prepared in accordance with this analysis. ## **d) Accounting Requirements** The accounts are required to include all transactions, assets and liabilities for which the PCC can be held responsible. ## **e) Income** (i) **Donations** - Collections and planned giving are included in the SOFA when the funds are received. Income tax recoverable on gift aid donations is recognised when claimable. (ii) **Other donations** - Any grants or legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due. (iii) **Trading and ancillary activities:** All funds raised by parish activities such as the bookstall, and catering etc. are accounted for gross. Rental income from non-investment property and room lettings is recognised when the rental is due. Parochial fees for weddings, funerals etc., are accounted for when due. (iv) **Investments** - Income earned on short-term deposits with the bank and Central Board of Finance is accounted for when received. Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investments at the year-end. (v) **Volunteer help** - The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report. (vi) **Government grants** - The PCC has not received government grants in this financial year. 12 ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **f) Application of Resources** (i) **Grants and outward giving** are accounted for in the SOFA when paid, unless an obligation, whether constructive or legal, exists to the recipient in accordance with the Charities SORP and FRS102. (ii) **Parish share and other costs** directly relating to the work and activities of the Church are accounted for when they are incurred or become due and payable. (iii) **Governance costs** - includes costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters. (iv) **Redundancy costs** - The PCC made no redundancy payments during the reporting period. (v) **Pensions** - The PCC recognise their responsibility to comply with Statutory Regulation to enrol into a qualifying pension fund any eligible employee who is not already an active member of such scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme. (vi) **Offsetting -** There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. ## **g) Fixed Assets** (i) **Consecrated land and buildings and moveable church furnishings** - Consecrated and beneficed property, is excluded from the accounts by S10(2)(a & c) of the Charities Act 2011. No value is attributed to 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 beneficed buildings and moveable church furnishings, whether for maintenance or improvement, is written off as expenditure in the SOFA and separately disclosed. (ii) **Other land and buildings** - Other land and buildings held on behalf of the PCC for its own purposes are valued at a fair but prudent valuation which is a reasonable estimate of the current value “in use” of the property. No depreciation has been charged in respect of such properties as they are kept in sound condition and any expenditure on maintenance or improvement following regular review is written off as incurred. (iii) **Other fixtures, fittings and office furniture -** Equipment used for church purposes is capitalised and written off on a straight-line basis over the assets estimated useful life. Routine replacements and renewals are written off as expenditure in the SOFA. Other equipment purchases of under £1,500 are also written off as expenditure in the SOFA. ## **h) Current Assets** Amounts owing to the PCC at the year end in respect of tax reclaims and other income are shown as debts less any provision for amounts which may prove to be uncollectable. Short-term deposits include cash held on deposit either with the Central Board of Finance or at a bank. ## **i) Tax Status** As a charity, the PCC is exempt from paying income and corporation tax but does have to pay value added tax. ## **j) Depreciation Expense** Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life on a straight line basis and are as follows: Fixtures & Fittings 25% - Straight Line Basis Equipment 33% - Straight Line Basis 13 ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **2. TANGIBLE FIXED ASSETS** |||Designated|General|Restoration|| |---|---|---|---|---|---| |||Fund|Fund|Fund|| |||Land &|Church|Buildings &|**2022**| |||Buildings|Equipment|Fixtures|**Total**| |||£|£|£|£| |Cost|01-Jan-22|465,000|11,998|12,627|24,625| |Additions||-|-|-|-| |Revaluation||-|-|-|-| |Cost at|31-Dec-22|465,000|11,998|12,627|24,625| |Depreciation|01-Jan-22|-|11,998|12,627|24,625| |Charge||-|-|-|-| |Depreciation at|31-Dec-22|-|11,998|12,627|24,625| |Net Book Value|31-Dec-22|**465,000**|**-**|**-**|**465,000**| |Net Book Value|31-Dec-21|465,000|-|-|465,000| The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st December 2022: None 31st December 2021: None The PCC owns a hall, built during the 1950’s and extensively refurbished in 2012 at a capital cost of £220,000. As a consequence the June 2014 Ecclesiastical Insurance valuation of the hall on a “replacement as new basis” was £465,000. This has been adopted as the deemed cost in accordance with FRS102. No depreciation is provided on the hall, as the currently estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets currently exceeds 50 years, so that any depreciation charges would be immaterial. An impairment review is carried out at each year end and any resultant loss identified included in expenditure for the year. 14 ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **3. INCOME** |Donations & Appeals
Gift Aid Donations
Gift Aid Tax Recoverable
Grants
Legacies
**b) Other Trading Activities**
Church Hall & Room Letting
Fundraising Events
Bank Interest
**d) Charitable Activities**
Grants - Job Retention Scheme
Statutory Fees (Weddings, Funerals)
Insurance Claim Income
**c) Investments**
**a) Donations & Legacies**
**e) Other Income**|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2022**
**2021**
£
£
£
£
£
7,633
12,601
20,234
6,317
58,790
250
810
59,850
58,469
14,648
19
2,609
17,276
13,505
2,641
-
7,500
10,141
2,346
-
-
-
-
1,250
**83,712**
**269**
**23,520**
**107,501**
**81,887**
20,294
-
-
20,294
8,577
27,902
77
25
28,004
9,276
**48,196**
**77**
**25**
**48,298**
**17,853**
44
-
-
44
21
**44**
**-**
**-**
**44**
**21**
-
-
-
-
2,545
1,597
-
-
1,597
2,150
**1,597**
**-**
**-**
**1,597**
**4,695**
-
-
-
-
1,748
**-**
**-**
**-**
**-**
**1,748**| |---|---| 15 ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **NOTES TO THE FINANCIAL STATEMENTS (continued)** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **4. EXPENDITURE** |Administrative Expenses
Church Repairs & Maintenance
Church Running Costs
Church Upkeep
Cleaning Costs
Clergy & Staff Costs
Cost of Church Services
Diocesan Common Fund
Education & Training
Fairs & Fundraising Costs
Hall Repairs & Maintenance
Hall Running Costs
Magazine Expenses
Organ Scholarship
Travel Expenses
Reimbursement of recharged shared expenses *
**a) Charitable Activities**|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2022**
**2021**
£
£
£
£
£
6,682
-
14
6,696
6,013
2,830
501
17,791
21,122
16,383
3,435
-
-
3,435
2,257
5,634
196
5,830
5,553
4,842
-
-
4,842
3,752
19,146
-
520
19,666
17,163
5,931
-
-
5,931
2,849
59,640
-
-
59,640
24,000
-
39
-
39
549
5,683
-
-
5,683
845
5,934
-
-
5,934
3,255
4,284
-
1,000
5,284
2,703
-
425
-
425
790
145
255
400
125
-
-
125
52
(2,330)
-
-
(2,330)
(2,629)
**121,836**
**1,110**
**19,776**
**142,722**
**83,535**| |---|---| * This is the reimbursement of shared expenses incurred on behalf of St Stephens Hounslow (the neighbouring parish), and includes the following: |Intern
Parish Administrator
Telephone
Upkeep of services
Administration
Cleaning|2022
2021
£
£
25
873
2,238
1,506
-
54
-
14
67
129
-
53
2,330
2,629| |---|---| During 2021 the method of apportioning shared expenses between the two parishes was simplified, in order to avoid overstating expenditure that should be directly attributed to St Stephens Hounslow. The actual amount invoiced to St Stephens Hounslow by the PCC of St Philip and St James, Whitton for shared and directly attributable costs is detailed in note 14. |2022
2021
£
£
Invoiced to St Stephens Hounslow for shared and directly attributable costs
9,361 7,456
Less Hall Letting allowed on invoice
- (125)
Less Re-imbursement by St Stephens Hounslow of recharged shared expenses (see above)
(2,330) (2,629)
Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2022**
**2021**
£
£
£
£
£
Independent Examiners Fees
1,040
-
-
1,040
990
Insurance Costs
4,180
-
-
4,180
4,065
**b) Governance Costs**| |---| |**5,220**
**-**
**-**
**5,220**
**5,055**| 16 ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **NOTES TO THE FINANCIAL STATEMENTS (continued)** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **5. DESIGNATED FUNDS** ## **CURRENT FINANCIAL YEAR** |Building Fund
Children & Young People
Clergy Retreats
Friends of St Philip and St James
New Hall Fund
Outreach
Reserve Contingency|**Balance**
**Balance**
**01-Jan-22**
Income
Expenditure
Transfers
**31-Dec-22**
£
£
£
£
£
85,696
-
-
-
85,696
4,715
-
146
-
4,569
384
-
-
-
384
1,027
-
500
-
527
465,000
-
-
-
465,000
1,073
346
464
-
955
12,000
-
-
-
12,000
**569,895**
**346**
**1,110**
**-**
**569,131**| |---|---| ## **PREVIOUS FINANCIAL YEAR** |Building Fund
Children & Young People
Clergy Retreats
Friends of St Philip and St James
Legacy Fund
New Hall Fund
Outreach
Reserve Contingency|**Balance**
**Balance**
**01-Jan-21**
Income
Expenditure
Transfers
**31-Dec-21**
£
£
£
£
£
84,446
1,250
-
-
85,696
4,695
20
-
-
4,715
-
500
116
-
384
1,136
417
526
-
1,027
67
-
67
-
-
465,000
-
-
-
465,000
1,388
475
790
-
1,073
12,000
-
-
-
12,000
**568,732**
**2,662**
**1,499**
**-**
**569,895**| |---|---| The Churches designated funds are represented by cash reserves held and fixed assets held and are to be expended as described above. 17 ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **6. RESTRICTED FUNDS** ## **CURRENT FINANCIAL YEAR** |Bench Appeal
Bereavement Café
Church Re-ordering Fund (Chairs)
Church Re-ordering Fund
Church Re-ordering Benefact Trust Fund
Civic Pride Fund
Organ Repair Fund
Organ Scholar Support Fund
Playground Fencing Fund
Vicars Discretionary Fund
Vicarage and Intern Fund
Wickstone Fund|**Balance**
**Balance**
**01-Jan-22**
Income
Expenditure
Transfers
**31-Dec-22**
£
£
£
£
£
1,635
178
1
-
1,812
-
250
-
250
25,000
-
-
-
25,000
25,000
-
-
-
25,000
-
7,500
3,120
-
4,380
196
-
196
-
-
12
14,673
14,685
-
-
-
600
200
-
400
1,000
-
1,000
-
-
597
-
-
-
597
176
344
520
-
-
54
-
54
-
-
**53,670**
**23,545**
**19,776**
**-**
**57,439**| |---|---| ## **PREVIOUS FINANCIAL YEAR** |Bench Appeal
Church Re-ordering Fund (Chairs)
Church Re-ordering Fund
Civic Pride Fund
Community Fund
Green Energy Consultation Fund
Organ Repair Fund
Playground Fencing Fund
Vicars Discretionary Fund
Vicarage and Intern Fund
Wickstone Fund|**Balance**
**Balance**
**01-Jan-21**
Income
Expenditure
Transfers
**31-Dec-21**
£
£
£
£
£
-
1,647
12
-
1,635
25,000
-
-
-
25,000
25,000
-
-
-
25,000
5,000
-
4,804
-
196
15
-
15
-
-
-
2,346
2,346
-
-
-
12
-
-
12
-
1,000
-
-
1,000
597
-
-
-
597
335
-
159
-
176
54
-
-
-
54
**56,001**
**5,005**
**7,336**
**-**
**53,670**| |---|---| The Bench Appeal Fund is to provide benches and sensory planting in our grounds as a lasting legacy of the Covid19 pandemic. The Church Re-ordering Fund (Chairs) comprises a donation specifically given for the purchase of chairs to replace the pews in a church re-ordering project. The Church Re-ordering Fund comprises a donation specifically to assist towards the funding of a new floor in the church, or to relocate the font, or to move the organ console to a new position, in a church re-ordering project. The LBR Community Fund & LBR Civic Pride Fund are grants to be used for the improved access from the parish hall to the Church grounds. The Green Energy Consultation Fund is a grant received from the Greater London Council to obtain a Conservation Consultation Report and a Heating Feasibility Study. The Wickstone Fund comprises the collection and donations made following the death of Wendy Wickstone in June 2015. The fund purpose is the encouragement of young people within the ecclesiastical parish in their personal, moral and spiritual growth. 18 ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **6. RESTRICTED FUNDS (continued)** The Vicarage and Intern Fund represents donations to support a parish intern to be accommodated at St Stephen’s Vicarage. The Restricted funds are represented by current assets and liabilities and cash funds held by the PCC and are to be expended as specified above. ## **7. CASH AT BANK AND IN HAND** |Cash at Bank and in Hand|Unrestricted
Designated
Restricted
**Total**
**Total**
Funds
Funds
Funds
**31-Dec-22**
**31-Dec-21**
£
£
£
**£**
**£**
61,833
104,131
61,943
227,907
214,268
**61,833**
**104,131**
**61,943**
**227,907**
**214,268**| |---|---| ## **8. DEBTORS & PREPAYMENTS** |Gift Aid Tax Recoverable
Prepayments
Rugby Parking
St Stephens Hounslow (note 14)|Unrestricted
Designated
Restricted
**Total**
**Total**
Funds
Funds
Funds
**31-Dec-22**
**31-Dec-21**
£
£
£
**£**
**£**
4,237
-
-
4,237
3,882
65
-
-
65
317
-
-
-
-
566
1,922
-
-
1,922
1,914
**6,224**
**-**
**-**
**6,224**
**6,679**| |---|---| ## **9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Deferred Income
Independent Examiners Fees
Sundry Creditors
Third Party Funds (note 14)|Unrestricted
Designated
Restricted
**Total**
**Total**
Funds
Funds
Funds
**31-Dec-22**
**31-Dec-21**
£
£
£
**£**
**£**
3,430
-
-
3,430
2,740
1,044
-
-
1,044
1,000
5,107
-
3,120
8,227
5,669
-
-
1,384
1,384
990
**9,581**
**-**
**4,504**
**14,085**
**10,399**| |---|---| ## **10. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR ONE YEAR** The PCC of St Philip & St James, Whitton held no long term liabilities during this or the previous financial year. 19 ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **11. ANALYSIS OF NET ASSETS BY FUND** |Fixed Assets and Investments
Current Assets
**12. STAFF COSTS AND NUMBERS**
Gross Wages and Salaries
Employer's National Insurance Costs
Employers Allowance
Employer Pension Contributions
Employees who were engaged in each of the following activities:
Activities in furtherance of organisation's objects|Unrestricted
Restricted
Fund
Fund
£
£
465,000
-
162,607
57,439
**627,607**
**57,439**
**2022**
**£**
12,058
434
(434)
1,589
**13,647**
**2022**
1|**Total**
**Total**
**31-Dec-22**
**31-Dec-21**
£
£
465,000
465,000
220,046
210,548
**685,046**
**675,548**
**2021**
**£**
11,376
351
(351)
-
**11,376**
**2021**
1| |---|---|---| The organisation operates a PAYE scheme to pay all employed members of staff and the organisation also employs members of staff on a self employed basis. No employees received emoluments in excess of £60,000. (2021: None). ## **13. PAYMENTS TO PCC MEMBERS** The incumbent received working expenses totalling £1,308 (2021: £1,202) and the water rates and telephone expenses paid for the vicarage by the church totalled £1,614 (2021: £1,459). These expenses were necessarily incurred in connection with the incumbent's ministerial duties. One PCC Member Mr M Croucher provided services to the PCC in the form of design and printing, through a limited company of which he is a director. The amount paid in 2022 was £760. These services were provided in addition to carrying out normal PCC Member duties. This payment is permitted under the provisions of the Charities Act 2006. He was not paid for being a PCC Member. Apart from reimbursement of charitable expenditure such as reimbursement of minor items, mainly consumables, purchased on behalf of and with prior agreement of the PCC, no other payments were made to PCC Members or any persons connected with them during this financial period. No material transaction took place between the charity and a PCC Member or any person connected with them. ## **14. THIRD PARTY (AGENCY) FUNDS** The PCC collected and paid out funds on behalf of other charities, individuals and organisations. The Trustees have no control over the funds. Funds received and paid out as agent were as follows: |Balance brought forward 1 January 2022
Receipts
Expenditure
Balance still to pay over at 31 December 2022|2022
2021
£
£
990
421
6,323
11,795
5,929
11,226
1,384
990| |---|---| Funds paid out of behalf of St Stephens Hounslow, and subsequently reimbursed were as follows: |Balance brought forward as due to the PCC at 1 January 2022
Expenditure on shared expenses
Expenditure that can be directly attributed to St Stephens, Hounslow
Reimbursement received
Balance still to be reimbursed to the PCC at 31 December 2022|2022
2021
£
£
1,914
1,907
4,624
2,629
4,737
4,702
(9,353)
(7,324)
1,922
1,914| |---|---| 20 ## **PAROCHIAL CHURCH COUNCIL OF ST PHILIP & ST JAMES, WHITTON** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **15. RISK ASSESSMENT** The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks. ## **16. RESERVES POLICY** The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily. ## **17. PUBLIC BENEFIT** The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. 21