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2023-12-31-accounts

HOLY TRINITY STALYBRIDGE

Annual Report and Financial Statements of the Parochial Church Council

For the year ended 31 December 2023

Holy Trinity Stalybridge is a UK registered charity number 1144765

2023 REPORT AND ACCOUNTS FOR THE PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY & CHRIST CHURCH, STALYBRIDGE

1. Legal and Administrative Information

Charity Name The Parochial Church Council of the Ecclesiastical Parish of Holy Trinity The Parochial Church Council of the Ecclesiastical Parish of Holy Trinity
& Christ Church Stalybridge (Holy Trinity Stalybridge)
Charity registration 1144765
number
Governing Documents Parochial Church Councils (Powers) Measure 1956 as amended;
Church Representation Rules - contained in Schedule 1 to the Church
Representation and Ministers Measure 2019 (No. 1).
Independent Examiners Stewardship Services (UKET) Ltd, 1 Lamb’s Passage, London, EC1Y 8A
Bank Virgin Money, Clydesdale Bank, Symington House, 7 North Avenue,
Clydebank Business Park, Clydebank, G81 2NT
Correspondence Address Church Office
Holy Trinity & Christ Church
19 Corporation Street
Stalybridge
Cheshire
SK15 2JS
Telephone 0161 304 9308
Email admin@hts.church
Website http://www.hts.church
Context Holy Trinity Church is situated in the centre of Stalybridge and, as part
of the Church of England, is located in the Diocese of Chester
Incumbent Rev Gary Kennaugh, 277 Mottram Road, Stalybridge, Cheshire, SK15 2JS
Other staff members Rev Simon Stride
Curate to July 2023
Rev Trevor Green
Associate Minister
Rev Charlie Laver
Curate
Fleur Greer
Children’s Pastor from May 2023
Sam Patterson
Youth Pastor
Cris Trueman
Administrator
Keith Sidebottom
Caretaker

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2023 REPORT AND ACCOUNTS FOR THE PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY & CHRIST CHURCH, STALYBRIDGE

Trustees / PCC Members serving during 2023

Role Name Note
Incumbent / PCC Chair Rev Gary Kennaugh
Curate Rev Simon Stride To July 2023
Curate Rev Charlie Laver Curate-in-charge St James - Oct 2023
Licensed Pastoral Worker Dave Monday
Churchwardens Paul Watkins To May 2023
Lizzie Hopkins
Mike Green From May 2023
Deanery Synod Members John Haslam From 2023 APCM to 2026 APCM
Clive Hustwick From 2023 APCM to 2026 APCM
Keith Sidebottom To May 2023
Paula Chester To May 2023
Alan Bolton Elected 2022 APCM to 2025 APCM
Esther Bull Elected 2021 APCM to 2024 APCM
Bex Carter Resigned May 2023
Barry Edge Elected 2022 APCM to 2025 APCM
Matt Edmondson Elected 2023 APCM to 2026 APCM
Seb Fetea Elected 2023 APCM to 2026 APCM
Karen Gascoigne Elected 2021 APCM to 2024 APCM
Kambiz Jaeintan Resigned May 2023
Trisha Jarman Elected 2023 APCM to 2026 APCM
Zac Jarvis Elected 2022 APCM to 2025 APCM
Matt Pillar Elected 2023 APCM to 2026 APCM
Jamie Shepherd Elected 2021 APCM to 2024 APCM
Adele Trueman Elected 2021 APCM to 2024 APCM
Fiona Wilde Elected 2022 APCM to 2025 APCM
Co-opted Members David Carter Co-opted May PCC 2023 (Treasurer)

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2023 REPORT AND ACCOUNTS FOR THE PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY & CHRIST CHURCH, STALYBRIDGE

Responsibilities of Trustees

Responsibility for setting policy and for determining the parameters within which the charity should operate rests with the PCC, which meets regularly to monitor the activities of the charity. Responsibility for the day-to-day operations of the charity is delegated to a staff team led by the incumbent.

Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.

We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.

We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.

Statutory Duties

In pursuing the aims described in this report the Trustees can confirm that they have:

It is our intention that no one starts a paid or voluntary role with children, youth, or adults at risk before they have received appropriate training and been taken through the DBS process. The Diocese has produced a basic level e-learning safeguarding training tool, which we ask all volunteers and staff and PCC to do. A copy of our safeguarding policy is on our website and held within the church office.

2. Aims and Purposes

The charity is responsible for co-operating with the incumbent in promoting, to the ecclesiastical parish, the whole mission of the church – pastoral, evangelistic, social and ecumenical. As followers of Jesus, we exist to love God, grow community, and serve Stalybridge.

3. Objectives

Vision

Our Vision is ‘Living and Sharing the Good News of Jesus Christ’ and was launched in January 2020.

Living the Good News

Living the Good News is about letting Jesus rule in our lives. It involves surrendering ourselves to Jesus and trusting Him. We aim to:

  1. Develop Sunday worship

  2. Create a culture of prayer

  3. Prioritise midweek communities and small groups

  4. Invest in leadership

  5. Make church accessible to all.

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2023 REPORT AND ACCOUNTS FOR THE PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY & CHRIST CHURCH, STALYBRIDGE

Sharing the Good News

Sharing the Good News is about proclaiming and demonstrating the Gospel with those around us. We aim to:

  1. Make everything about mission

  2. Create opportunities to connect with our community

  3. Continue our work with Children & Youth

  4. Work for unity with other churches

5. Create new expressions of church.

4. What we did in 2023

4.1 Ministry Review

We began 2023 by returning to our five-year vision launched in 2020 and spent the year focusing on the first part: “Living the Good News of Jesus Christ” and the challenge to use the year to develop good habits in our walk with God and one another. Amongst many other achievements in 2023 we:

Ministry

Children’s and Youth Work

Mission and Outreach

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2023 REPORT AND ACCOUNTS FOR THE PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY & CHRIST CHURCH, STALYBRIDGE

Collaborations

Development

4.2 PCC Review

The PCC met again in person seven times with an extraordinary meeting in March to discuss the Church Audit Group’s report. In June there was a PCC Away Day which looked at what we have been doing, are doing and where we are going as a church whilst also trying to determine how the independent audit impacts on this.

The APCM took place on 24 April 2023 and at this meeting we said goodbye to Bex Carter, Kambiz Jaeintan, Paula Chester and Keith Sidebottom. We are thankful for all their hard work. We welcomed back Trisha Jarman and Seb Fetea plus the newly elected Matt Pillar and Matt Edmondson all of whose contributions have been invaluable. David Carter, Treasurer, was co-opted onto PCC at the meeting.

This PCC year has been marked by three key themes: Outreach, Growth, and Change:

Outreach - In May we organised a “Pentecost in the Park” service working alongside other churches and in October we ran a weekend long mission where we opened the church to the community and engaged with our town meeting business owners and residents, making our faith and presence known. In September a church plant led by our curate at St James Millbrook was launched with the backing and support of the PCC. The PCC has continued to support a variety of initiatives such as Alpha and Holiday at Home and a youth “No More Knives” event.

Growth - There has been a continued growth in the number of people in church particularly families. This has resulted in more children and young people becoming part of the church. In May Fleur Greer was appointed as our Children’s Pastor to work alongside our Youth Pastor to continue to grow the children’s and youth work. Underpinning this growth, we have also been financially blessed and this will allow us to continue God’s work in our community.

Change - Throughout the year we have been considering how to deal with church growth in terms of how to operate services, what our next steps will be and how organisationally we will meet the needs of a large church and its operations. To deal with the practical aspects of running a church, a Church

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2023 REPORT AND ACCOUNTS FOR THE PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY & CHRIST CHURCH, STALYBRIDGE

Audit group was formed to work on the recommendations of our independent audit and look into issues of ministry, IT, communications and staffing.

For the PCC the problem of growth is a good one to have and we know God will guide us as we move forward in the coming years.

5. Mission

Our mission partners are Africa Inland Mission, Tearfund, International Justice Mission, Open Doors, New Wine, Christians Against Poverty, the Evangelical Alliance and The Message. We also support/maintain connections with the Trussell Trust, Simeon’s, Silver Cord, Kintsugi, Compassion, Winning Women Worldwide and Image.

6. Financial Review

In 2022 the charity's income exceeded £250,000 and the charity was obliged to prepare its accounts on an accruals basis. As the charity's income was less than £250,000 in 2023, it has taken advantage of the option to prepare its accounts on a receipts and payments basis. The 2022 comparative results reported below have therefore been restated from figures reported previously.

Total income on unrestricted funds was £222,611 in 2023, compared with £263,192 in 2022. £225,164 was spent from unrestricted funds in 2023 (219,621 in 2022) – resulting in an unrestricted fund deficit of £2,553 for the year. The total unrestricted fund balance at the year-end was £57,049.

7. Reserves Policy

The PCC has determined that the charity should aim to hold unrestricted cash of no less than £50,000 (which equates to about three months’ unrestricted expenditure), so that the charity could continue to operate should income and/or expenditure vary adversely. At the year end, the charity held unrestricted cash of £57,049 (£1,204 designated) – ie £7,050 above the PCC target. However, the budget agreed for 2024 is expected to bring the reserve back to the target figure.

8. Risk Statement

The charity is exposed to various risks – operational, financial or reputational. The PCC reviews its activities regularly to identify significant risks and, where possible, it takes appropriate measures to mitigate those risks.

9. Quinquennial Inspection / Building Maintenance

The last quinquennial inspection was carried out in November 2020, therefore the next one is due in 2025.

Church

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2023 REPORT AND ACCOUNTS FOR THE PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY & CHRIST CHURCH, STALYBRIDGE

St Matthews

10. Structure, Governance and Management

Each area of the church’s life and ministry falls under the oversight of the Vicar, PCC and staff team. The PCC draws on the blessings of the skills of many members of our church family beyond the PCC in order to help it meet its responsibilities.

10.1 Parochial Church Council (PCC)

The PCC is a body corporate established by the Church of England and operates under the Parochial Church Council (Powers) Measure and the Church Representation Rules. Members of the PCC are either ex-officio; elected representatives of Deanery Synod; elected at the Annual Parochial Church Meeting (APCM); or co-optees.

The ex-officio members of the PCC are:

There were four vacancies for election to Mottram Deanery Synod available to Holy Trinity Church in 2023 – Keith Sidebottom and Paula Chester resigned. Only two vacancies were filled. John Haslam and Clive Hustwick will serve until 2026 with two casual vacancies remaining. Elections take place every three years, and the next elections will be conducted at our 2026 annual meeting. Rev Gary Kennaugh, Rev Simon Stride and Rev Charlie Laver are also members of Deanery Synod.

PCC members are responsible for making decisions on all matters of general concern to the parish including deciding how the funds of the PCC are to be spent. All PCC members are trustees of the charity. Elected PCC members serve for a three-year term, with four elected members standing down each year. All eligible church attendees are encouraged to register on the Electoral Roll and, if they wish, to stand for election to the PCC.

It is an objective of the PCC to be broadly representative of the wider church family, in terms of gender, age, usual Sunday gathering attended and areas of ministry. Prior to the APCM, the congregation is informed of the forthcoming election to the PCC and the Deanery Synod. People are encouraged to stand for election and/or to nominate others. The congregation is informed of resulting appointments immediately following the election. Ongoing training is available to members of the PCC, particularly in areas of their responsibilities as trustees such as finance and child protection.

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2023 REPORT AND ACCOUNTS FOR THE PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY & CHRIST CHURCH, STALYBRIDGE

10.2 Standing Committee

This is the only committee required by statute. It has power to transact the business of the PCC between full Council meetings, subject to any directions given by the Council. Its membership is determined by the PCC and currently comprises the vicar, curate, PCC secretary, treasurer, the two churchwardens and two elected PCC members. The Standing Committee did not meet in person in 2023, but several decisions were taken by email and ratified by the PCC.

10.3 Other PCC Teams/Sub-groups

In the course of 2019 and 2020 the PCC gave delegated authority to a number of teams/sub-groups:

Buildings team

The Buildings Team is concerned with the care of the Church building and other buildings owned by the PCC, their fitments and fittings, and surrounding property, together with building cleaning and any caretaking services.

HR & Policy team

The HR & Policy team provides policies and advice on recruitment practice, performance management, employment terms and conditions, employment law and policies, and issues that emerge in staffing and training and development, ensuring that the PCC meets its legal obligations and fulfils its duty of care to its staff.

Finance team

The Finance team provides advice, support and practical guidance to the Standing Committee and PCC in relation to budgets, stewardship, and the financial position of Holy Trinity. It also supports the staff in the day-to-day operation of budgeting and financial matters, whilst discerning what is on God’s heart for His provision for the work of the Church. The Finance team works in co-operation with and supports the role of the Treasurer.

Deanery Synod Team

The Deanery Synod team was established to form closer links between the Deanery Synod and PCC and to facilitate better channels of communication between the two groups.

Ministry Team:

The ministry leaders’ team works with the Vicar in implementing the vision for Holy Trinity Church, reporting regularly to the PCC. Membership of the team is at the discretion of the Vicar.

10.4 Staff team

The staff team supports the Incumbent in his leadership of the church. In May 2023 Fleur Greer was appointed as our Children’s Pastor.

11. Priorities for 2024

Our priorities for 2024 are to:

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2023 REPORT AND ACCOUNTS FOR THE PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY & CHRIST CHURCH, STALYBRIDGE

12. Approval

This report was approved by the trustees and signed on their behalf by Gary Kennaugh (PCC Chair) on 12 February 2024.

9

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY & CHRIST CHURCH, STALYBRIDGE ('the Charity')

I report to the trustees on my examination of the accounts of The Parochial Church Council of the Ecclesiastical Parish of Holy Trinty & Christ Church Stalybridge ('the charity') for the year ended 31 December 2023 on pages 11 to 16 following.

Responsibilities and basis of report

As the trustees of the charity, the members of the PCC are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in accordance with section 130 of the 2011 Act; or

  2. the accounts do not accord with the accounting records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

16-Feb-24

10

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRNITY & CHRIST CHURCH, STALYBRIDGE

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2023

Notes
Income receipts
Voluntary receipts
2(a)
Church activities
2(b)
Total receipts
Payments
Church activities
Clergy and staffing costs
3(a)
3(b)
Parish Share
3(c)
4
Total payments
Transfers between funds
Net movement in funds
Cash funds as at last year end
Cash funds at this year end
A
Net of receipts / (payments) before transfers
Mission giving and donations
Purchase of fixed assets
Purchase of investments
Loans made
Church running expenses		 General
Designated
Funds
Funds
£
£
208,131
-
9,628
4,852
217,759
4,852
71,980
-
60,878
4,752
64,923
-
22,632
-
220,412
4,752
-
-
-
-
-
-
-
-
220,412
4,752
2,653
-
100
3,480
296
-
827
196
-
55,018
1,401
55,845
1,204
Unrestricted Funds		 Restricted
Funds
£
16,221
1,155
17,376
200
16,551
-
3,536
20,287
-
-
-
-
20,287
2,910
-
3,184
-
6,094
-
14,056
7,962		 2023
£
224,353
15,634
239,987
72,180
82,180
64,923
26,168
245,451
-
-
-
-
245,451
5,464
-
-
5,464
-
70,475
65,011		 Restated
2022
£
248,871
18,328
267,199
62,408
81,616
63,032
28,472
235,528
-
-
-
-
235,528
31,671
-
31,671
38,804
70,475

11

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY & CHRIST CHURCH STALYBRIDGE STATEMENT OF ASSETS AND LIABILITIES

FOR THE YEAR ENDED 31 DECEMBER 2023

A Cash funds
Cash at bank with immediate access
Petty cash
B
Other monetary assets
Gift aid due to charity
Other debtors
C
Liabilities
Falling due within one year
Loans
Parish share
Accruals
Taxes due
Fee for Independent Examination
Pension Contributions
Total
D
Assets retained for charity's own use
TVs purchased 2023
Children's Ministry equipment
Furniture
IT/Visuals/Worship
Technical equipment
Musical instruments		 General
Designated
funds
funds
£
£
55,846
1,204
-
-
55,846
1,204
2,461
-
4,536
-
6,997
-
-
-
-
-
-
-
-
-
1,320
-
214
-
1,534
-
1,534
-
Unrestricted Funds		 Restricted
funds
£
7,962
-
7,962
67
-
67
-
-
-
-
-
-
-
-
Fund to
which asset
belongs
General
General
General
General
General
General		 2023
£
65,012
-
65,012
2,528
4,536
7,064
-
-
-
1,390
1,320
214
2,924
2,924
Cost
£
2,500
2,500		 Restated
2022
£
General
funds
£
55,846
-
55,846
2,461
4,536
6,997
-
-
-
-
1,320
214
1,534
1,534
70,475
-
70,475
5,685
2,139
7,824
-
-
3,196
927
2,400
9
6,532
6,532
Current
value
£
1670
540
7650
1100
7,788
1,000
19,748

Current values have been estimated by the trustees.

Consecrated property, beneficed property and moveable church furnishings which require a special faculty for disposal are excluded from the above list of charity assets.

The accounts were approved by the trustees and signed on their behalf by:

_____Rev Gary Kennaugh

Date: 12 February 2024

The notes on pages 13 to 16 form part of these accounts

12

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY & CHRIST CHURCH, STALYBRIDGE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

1 Accounting policies

The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.

In the previous year the charity's income exceeded £250,000 and the charity was obliged to prepare its accounts on an accruals basis. As the charity's income is now less than £250,000, it has taken advantage of the option to prepare its accounts on a receipts and payments basis and the results reported previously have been restated; further information is given in note 8 below.

General funds are unrestricted funds which are available for use at the discretion of the PCC in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the PCC for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

2
a) Voluntary income
Planned giving
Collections at services
Other donations
Government Grants
Other Grants
Gift aid recovered
b) Church activities
Fees for weddings and funerals
Other
Lettings for community use		 Unrestrict Designated
funds
£
-
-
-
-
-
-
-
-
-
4,852
-
4,852
ed Funds		 Restricted
Funds
£
1,870
-
4,492
-
8,856
1,003
-
16,221
-
1,155
-
1,155		 Total
2023
£
162,138
3,009
9,450
1,037
9,980
38,738
-
224,353
765
6,006
8,863
15,634		 Restated
Total
2022
£
148,091
2,621
4,795
2,189
6,554
84,620
-
248,871
530
5,437
12,361
18,328
3
a)
Clergy and staffing costs
Cost of payroll
Running costs for clergy accommodation
Clergy expenses		 Unrestrict Designated
funds
£
-
-
-
-
-
ed Funds		 Restricted
Funds
£
200
-
-
-
200		 Total
2023
£
55,147
15,079
1,954
-
72,180		 Total
2022
£
General
funds
£
54,947
15,079
1,954
-
71,980
41,851
18,068
2,489
-
62,408

Gary Kennaugh, Simon Stride and Charlie Laver (who are/were clergy members of the PCC) receive a stipend from the Diocese; the cost of these stipends is not included in the above payroll cost however it should be noted that Parish Share contributions are used to help pay stipends. Gary Kennaugh and Simon Stride were provided with accommodation (which is customary for clergy) and Charlie Laver received a housing allowance from the Diocese, which was funded by the charity. The total cost of this accommodation is disclosed above. Gary Kennaugh and Simon Stride incurred expenses whilst serving as clergy and these costs are also disclosed in the above note.

b)
Running costs
Children & Youth Ministry
Service Costs
Other Ministry Expenses
Independent Examiner's fee
Other legal and professional fees
Operations (administration costs - IT, telephone etc)
Grounds
Church Utilities
Church Repair & Maintenance
Church Insurance
St Matthew's Utilities
St Matthew's Repair & Maintenance
St Matthew's Insurance
c)
Parish Share		 2,707
6,584
3,969
2,525
-
12,549
-
8,670
6,479
5,951
3,351
4,552
3,541
60,878
64,923		 3,504
61
1,187
-
-
-
-
-
-
-
-
-
4,752
-		 744
2,500
6,628
-
-
769
2,470
-
3,400
-
40
-
16,551
-		 6,955
9,145
11,784
2,525
-
13,318
2,470
8,670
9,879
5,951
3,351
4,592
3,541
82,180
64,923		 6,490
5,012
20,593
2,100
-
9,118
1,020
7,869
12,935
5,572
6,029
1,573
3,305
81,616
63,032

13

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY & CHRIST CHURCH, STALYBRIDGE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

4
Mission giving and donations
Mission elsewhere in UK and overseas
Simeons Trustees
Open Doors
Silver Cord
Stalybridge Street Pastors
Kintsugi Hope
International Justice Mission UK
St James Millbrook
Tearfund
Africa Inland Mission
Church Mission Society
New Wine
Message Trust
Individuals
Image
Evangelical Alliance
Winning Women Worldwide
Hardship Fund
Relief of poverty
Christians Against Poverty		 150
1,000
500
500
100
1,000
5,000
1,000
6,750
500
250
400
500
-
-
-
-
4,982
22,632		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 -
559
-
-
-
400
-
2,414
-
-
-
-
100
-
-
-
-
63
3,536		 150
1,559
500
500
100
1,400
5,000
3,414
6,750
500
250
400
600
-
-
-
-
5,045
26,168		 150
1,000
-
-
100
1,109
5,000
1,280
11,250
500
250
250
210
500
250
500
943
5,180
28,472

5 Transactions with related parties

During the year, the charity:

14

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY & CHRIST CHURCH, STALYBRIDGE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

6
Movement on designated, restricted and endowment f
General funds
Designated funds
Book Sales
Bridge Café/He-Brews
Cascade
Holiday at Home
Trinity Tots
Youth Ministry
Restricted funds
Audio-Visual
Believing Science Project
Cascade Grants
Children's Worker
Christians Against Poverty
Church Weekend
Community Wellbeing
Individual
International Justice Mission
Open Doors
Repointing
Sensory Garden
St Matthews
Tameside Community Recovery Fund
Tameside Stronger Communities Grant
Tearfund
Together Energy
Trinity Tots Grants
Winter Pressures
Youth Ministry
Total funds		 unds
Opening
balance
£
55,018
168
-
498
-
395
340
1,401
-
7,513
1,949
135
-
-
-
-
-
-
-
2,209
-
1,114
1,000
-
-
64
-
73
14,056
70,475		 Change of
basis
(note 8)
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Receipts
£
217,759
328
414
114
0
825
3,171
4,852
2,500
-
-
2,259
63
-
997
90
400
559
3,400
-
40
-
-
2,414
2,500
-
1,000
1,155
17,376
239,987		 Payments
£
-220412
240
-
70
-
67
-
-
871
-
3,504
-
4,752
-
2,500
-
4,951
-
217
-
200
-
63
-
500
-
997
-
100
-
400
-
559
-
3,400
-
2,209
-
40
-
1,114
-
120
-
2,414
-
-
64
-
-
439
-
20,287
-
245,451
-		 Transfers
£
3480
-
344
-
14
-
-
33
296
-
-
-
-
2,194
-
-
-
-
10
-
-
-
-
-
-
-
-
-
-
1,000
-
-
3,184
-
-		 Closing
balance
£
55845
256
-
559
-
349
40
1,205
-
2,562
1,732
-
-
500
-
-
-
-
-
-
-
-
-
880
-
2,500
-
-
788
7,962
65,012

Designated Funds Book Sales - income and expenditure from the purchase and sale of Christian books Bridge Café/He-Brews - income from the running of a lunchtime café each Wednesday Cascade - a weekly drop-in providing fellowship, games, crafts and refreshments Holiday At Home - an annual event held in August for older people Trinity Tots - a parent/career and tots group meeting every Monday morning in term time Youth Ministry - momnies received and paid out for specific youth activities

Restricted Funds

Audio-Visual - monies donated to purchase new audio-visual equipment for church services Believing Science Project - a grant received in 2021 to facilitate science-faith events across the north of England Cascade Grants - grants received specifically for the Cascade ministry (weekly drop-in) Children's Worker - a donation has been received to help fund the position of Children's Worker Christians Against Poverty - donations received to support the church's debt counselling work in conjunction with CAP Church Weekend - deposit on a church weekend to be run in 2025/6 - costs to be met by charges to attendees Community Wellbeing - a grant received to support community activity in the parish Individual - donation received to support a foormer church member on international mission International Justice Mission - funds raised from the proceeds of a concert held to support the work of IJM Open Doors - proceeds of an event to raise funds for the work of Open Doors in supporting persecuted Christians Repointing - a grant to finance repointing of the church building

Sensory Garden - a grant received in 2020 to create a sensory garden on land behind the church, for the benefit of the community St Matthew's - a donation to improve accessibility at the St Matthew's centre

Tameside Community Recovery Fund - a grant received in 2022 for a range of activities of benefit to the local community Tameside Stronger Communities Grant - a grant received in 2022 from the Council's Building Stronger Communities Fund Tearfund - funds raised to support disaster relief in various parts of the world. Together Energy - a grant to help with the costs of activities for children and young people Trinity Tots Grants - grants received in 2022 in support of the church's weekly parents/carers and tots group Winter Pressures - a grant received to help meet the church's increasing energy costs during the winter months Youth Ministry - grants received for specific youth activities

On occasion the charity receives money on behalf of other charities or individuals, which it banks and then pays out to these charities or individuals. This includes fee income for services and activities collected on behalf of the Diocesan Board of Finance (DBF). The income is received as agent for the charities or individuals and the income, and the related payments, are excluded from the Accounts.

15

PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY & CHRIST CHURCH, STALYBRIDGE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

8 Reconciliation with previously reported funds

As explained in note 1 'Accounting Policies' , in the previous year the charity prepared its accounts using the accruals basis; in the current year the charity's income was less than £250,000 and the charity has taken advantage of the option to prepare its accounts on a receipts and payments basis. The comparatives presented in these accounts have been re-stated using the receipts and payments basis and a reconciliation with the reserves and results reported previously follows:

Reconciliation of reserves
Previously reported reserves, at 31 December 2022
Adjustments arising from use of receipts and payments basis:
Exclusion of previously included fixed assets
Exclusion of previously included debtors
Exclusion of previously included creditors
Re-stated reserves, at 31 December 2022
Previously reported results
Adjustments arising from use of receipts and payments basis:
Previously capitalised expenditure, less depreciation, now expensed
Excluded movements in debtors resulting in the recognition of more / (less) income
Excluded movements in creditors resulting in the recognition of less / (more) expenditure
Re-stated results
Reconciliation of results		 2022
£
72,317
(550)
(7,824)
6,532
70,474
2022
£
(21,638)
550
48,223
4,536
31,671

16