## **CHRIST CHURCH NAILSEA PCC** 

**ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** 

## **Registered Charity No. 1145020** 

John Bickerstaffe (PCC Treasurer) 15 Allington Gardens Nailsea North Somerset BS48 4RQ 



## **CHRIST CHURCH NAILSEA PCC** 

## **ANNUAL REPORT FOR THE YEAR ENDING 31 DECEMBER 2022** 

The Parochial Church Council of Christ Church, Nailsea (“the PCC”) presents its Annual Report and Financial Statements for the year ended 31 December 2022. 

## **ADMINISTRATIVE INFORMATION** 

|**Full Parochial Name** **and**|Christ Church, Nailsea (in the Benefice of Christ Church, Nailsea|
|---|---|
|**Location:**|and St Quiricus and St Julietta, Tickenham).|
||The church is located on the corner of Stock Way North and Christ|
||Church Close, Nailsea, North Somerset.|
|**Charitable Status:**|The PCC (whose members act as Trustees) is a Registered|
||Charity Number 1145020.|
|**Correspondence:**|The Church Office, Christ Church Close, Nailsea, North Somerset,|
||BS48 1RT|
|**Bankers:**|HSBC Bank plc, 62 White Street, Cabot Circus, Bristol, BS1 3BA|
|**Independent Examiner:**|Mr P J C Winter, Winters Consulting, 59A North Street, Nailsea,|
||North Somerset, BS48 4BS|
|**MEMBERSHIP OF THE PAROCHIAL CHURCH COUNCIL (PCC)**||



Members of the PCC are nominated and elected annually by the Annual Parochial Church Meeting in accordance with the Church Representation Rules.  During 2022 the following served as members of the PCC.  Members who also sat on the Standing Committee (SC) are indicated. 

|**Rector**|Revd. Julie Harris (PCC Chair and SC)|
|---|---|
|**Reader**s|Richard Wheller|
|**Churchwarden**|Robin Lambert (SC) (up to 2022 APCM)<br>Elizabeth Everitt (SC) (from  2022 APCM)|
|**Deanery Synod**<br>(to serve up to 30 June 2023)|Elizabeth Everitt<br>Chris Mahony<br>Jo Hatcliffe|
|**Elected Members**<br>(served up to 2022 APCM)|John Bickerstaffe (PCC Treasurer) (SC)<br>Skye Reid-Smith|
|**Elected members**<br>(to serve up to 2023 APCM)|Jill Martin (PCC and SC Secretary from APCM 2020)<br>Linda Randall (SC)<br>Rebecca Collard (SC)<br>Pete Stock (SC)|
|**Elected members**<br>(to serve up to 2024 APCM)|Tina Hellawell<br>Malcolm Pemble<br>Colin Rockett<br>Margaret Stanton|
|**Elected members**<br>(to serve up to 2025 APCM)|Jim Brooks-Hulin<br>Bobbie Shannon<br>Brian Slater<br>Derek Slee|
|**Elected Members**<br>(Co-opted to serve up to 2023<br>APCM)|John Bickerstaffe  (PCC Treasurer) (SC)|



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## **STRUCTURE, GOVERNANCE & MANAGEMENT** 

The PCC aims to meet bi-monthly to discuss matters of Council policy and to consider wider issues concerning the church and its role within society.  The Standing Committee, appointed by the PCC after the APCM, meets between full PCC meetings to discuss and deal with items relating to the day-to-day running of the parish.  The PCC met regularly in January, March, April (immediately after the APCM to elect the Secretary and Treasurer), June, July, September and November together with an Extraordinary meeting in July to discuss the church’s finances. The Annual Parochial Church Meeting (APCM) was held on Monday 25 April 2022. 

The PCC operates through a number of committees, which normally meet between full meetings of the PCC.  The Standing Committee is the only committee with the legal power to transact the business of the Council between full PCC meetings.  Other committees that have met during the year and reported back to the PCC are the Fabric and Buildings, Worship, World Wide Church committees, the Welcome and Events Team and the Children’s Ministry Team.  Further reports are normally provided to the PCC from representatives who attend the meetings of Christians Together in Nailsea and District and Deanery Synod. 

## **AIM AND PURPOSE** 

The PCC has the responsibility of co-operating with the minister in promoting the whole mission of the Church, pastoral, evangelistic, social and ecumenical, in the ecclesiastic parish. 

## _‘_ Our Mission Statement is _**To know Christ and to make Him known’** ._ 

## **OBJECTIVES** 

The PCC is committed to enabling as many people as possible to worship at our church and to become part of the Christ Church community. The PCC maintains an overview of worship and tries to enable ordinary people to live out their faith as part of our parish community.  Our services and worship put faith into practice through prayer and scripture, music and sacrament. 

When planning our activities for the year, the Charity Commission’s guidance on public benefit is considered and, in particular, the supplementary guidance on charities for the advancement of religion. We try to enable ordinary people to live out their faith as part of our parish community through: 

- Worship and prayer; learning about the Gospel; and developing their knowledge and trust in Jesus 

- Provision of pastoral care for people living in the parish 

- Missional and outreach work 

## **ACTIVITIES AND PERFORMANCE** 

## **Worship, Prayer and Mission** 

2022 was the year when the situation returned to a degree of normality after two abnormal years of the Covid pandemic. Even so, there were a significant number of our older congregation who were still reluctant to resume regular attendance at services because of underlying medical issues and concerns about vulnerability and infection. Our previous outreach work and all other activities returned to normal during the year. 

The PCC are keen to offer a range of services during each week and over the course of the year that our community find both beneficial and spiritually fulfilling.  We held services at 8.30am and 10.00am each Sunday together with services of Morning Prayer on Mondays, Thursdays and Saturdays. The first two of these Morning Prayer services were held on Zoom whereas the Saturday services were held in church. 

Some of our services provide a quiet, intimate and reflective environment for worship whilst at the other end of the spectrum opportunities are provided for families to engage in more outgoing worship at our ‘first Sunday of the month’ 10.00am services. As a result of these first Sunday services and the teaching/activities we provide for children in the Vestry Hall at other morning services, we have continued to be successful in welcoming and retaining families with young children into our church. 

A proposed Vision for Christ Church over the next few years was approved in 2018 which supported our mission work in the parish and included a proposal to adapt our church building to enable us to minister better to the changing population of our parish. This is referred to below under the heading of ‘The Church Building’. The overall Vision is _‘That in 5 years’ time there would be no recognisable group of people in Christ Church parish who felt that Christ Church excluded or marginalised them’_ . 

All are welcome to attend our regular services when the church is open.  At the end of 2022 there were 147 parishioners on the Church Electoral Roll of whom 96 were resident in the parish. 

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The number of Sunday worshippers is assessed each year in January. In 2022 it was assessed that 121 adults attended a Sunday service at least once over a monthly period. In 2021 the equivalent figure was 138. We enable our community to celebrate and thank God at the milestones through life.  We celebrated 2 baptisms and held 30 funerals or memorial services in church or at local crematoria. 

It is with great sadness that we were informed at the end of November that our Rector, the Reverend Jules Harris, had given her notice of resignation to the Diocese and will be leaving us in February 2023. She has been appointed to a post in North Devon. 

## **Activities and Teaching** 

Following the prolonged period of the Covid pandemic, church activities began to return to normal. A number of successful events were organised during the year which were locally advertised and open to the public. They raised funds for the day to day running the Church and for the re-ordering project. They included three musical concerts, our regular summer fete, a book and puzzle sale, a winter fair and various smaller fund raising initiatives in support of the reordering project. 

The ‘Tots at Christ Church’ group met twice a week during term time on Tuesday and Thursday mornings. This is a very popular parent/carer and toddler initiative. At the other end of the age range we held a ‘Game On’ event fortnightly on Tuesday afternoons where activities are provided for the more elderly parishioners and, where appropriate, their carers. In October a new monthly ‘First Wednesday Film’ initiative started in conjunction with Trendlewood Church. All these events are open to all-comers and are managed and staffed by volunteers from the wider church family. 

Prior to the Covid pandemic events were also organised at the nearby Argentum Lodge which is a home for elderly residents with dementia but these had to be stopped as a result of the pandemic and further outbreaks of Covid and their Activity co-ordinator leaving.  It is hoped to continue with activities in 2023 when a new co-ordinator is appointed. 

In the last three months of the year we opened the Vestry Hall on Thursday lunchtimes to provide a free Soup and a Roll lunch for anyone who was finding winter a difficult time. This was part of a national ‘Come in from the Cold’ initiative and will continue until Spring 2023. 

A six week Lent Course was held prior to Easter and a Book Club studying selected books from a Christian perspective met at monthly intervals. 

## **Deanery Synod** 

Three members of the PCC sit on the Deanery Synod.  This provides the PCC with an important link between the parish and the wider structures of the church. 

## **The Church Building** 

The PCC would like the church to be open to our community for private prayer.  Unfortunately, because of its town centre location, it is not considered possible to leave the church open at all times.  However, the Church is open for private prayer each weekday morning when the adjacent benefice office is open and on Saturday mornings when the Vestry Hall is open to the public for morning refreshments. 

As mentioned above one of the key elements of our Vision is the re-ordering of the church to enable more flexible use of the building by church and other groups and organisations. Considerable preparatory work by small working party assisted by our architect took place over the last couple of years and has been reported on in previous annual reports. This finally culminated in a faculty for the work being granted by the Diocese in March 2021. The estimated cost of the works is in the order of £200,000 and work has been continuing with fund raising for the project. 

## **Pastoral Care** 

Some members of our parish are unable to attend church due to sickness or age.  There is an active Pastoral Care team who work under the guidance of the Rector.  Together with the Rector and the Reader, the team members visit, phone, listen to and pray with the house bound, the bereaved and anyone of the church family who needs a listening ear.  There are also teams of two who take communion to homes after the monthly morning Wednesday Communion service. 

## **Ecumenical Relationships** 

The church is a member of Christians Together in Nailsea and District (CTIND).  This organisation includes the Baptist Church, the Methodist Church, Southfield Road Evangelic Church, United Reformed Church, the Roman Catholic Church of St Francis and the Anglican churches of Tickenham, Holy Trinity, 

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Trendlewood, Christ Church and All Saints, Wraxall.  ‘Prayers for Nailsea’ takes place on the first Tuesday of the month at Holy Trinity Church. 

CTIND undertake a wide range of joint projects, holiday clubs, support for Wellspring a local counselling service and many other activities during the year.  All their activities are open to members of the public. The Town Chaplaincy Team has continued its outreach work in the area. 

## **FINANCIAL REVIEW** 

## **Introduction and Overview** 

2022 was a year when there was a cautious return to a reasonable level of ‘normality’ after a couple of years of the Covid pandemic and closure of the church premises for extended periods of time. We were able to end the year having met all our financial obligations by using a substantial part of our modest reserves. We were then fortunate in receiving significant one off gifts amounting to £16,000 and were able to apply a previous legacy of £2,000 during the year which enabled us to end the year with unrestricted financial reserves of £25,213 at the commencement of 2023. This was marginally short of our policy of retaining a financial reserve of 25% of our unrestricted expenditure. 

All our costs are met by personal donations, Gift Aid rebates, occasional legacies and charitable trading. No financial support is received from the Diocese or any other sources apart from a Benefice Ministry Allowance (BMA) which has reduced our Parish Share payments since 2018. Joint Benefice costs are shared between Christ Church and Tickenham in proportion to the three-year rolling average of worshippers attending each church which is used by the Diocese as the basis for calculating the Parish Share. 

During 2022, we had a deficit of around £10,000 on the operational part of the accounts which was able to be met from our free financial reserves. The total financial assets at the end of 2022, excluding debtors, were £74,643. When restricted and designated funds were taken away from this total, £25,213 remained in the General Fund for general use and represented our free reserves at the beginning of 2023. 

## **Income** 

Our overall income in 2022 was £130,935. This included one off donations of £18,250 from significant gifts and from grants. General income from all donors, which is planned giving, cash collections, personal donations and gift aid claimed was £73,789 which was a reduction of £1,770 from 2021. Income from planned giving was £2,202 less than in 2021. General cash received at Sunday services increased by £2,253 to £6,756 which reflected a return to a regular pattern of services. The annual Summer Fair was held in July together with two concerts, a book and puzzle sale later in the year and a Christmas fair resulting in a net contribution of just over £4,300 to church funds. Proceeds from the hiring of the Vestry Hall returned to a pre-pandemic level of just over £5,000 

The one off gifts referred to above comprised a £10,000 gift from Norman Clewer, two anonymous gifts totalling £6,000, a heating grant from the Church of England, a cost of living grant from the Diocese and a Warm Space grant from North Somerset Council. Furthermore a legacy of £2,000 for music purposes that was carried over from 2021 was used to offset the salary of the Director of Music. 

## **Expenditure** 

Overall total expenditure in 2022 was £107,717. The full Parish Share for 2022 was maintained at the level set in 2021 and was £80,981 but this was reduced to £74,760 as a consequence of receiving the BMA grant of £5,978 and a 1.25% reduction by paying monthly. This was just over 70% of our operational outgoings. The Parish Share is money that we pay to the Diocese to fund the employment of clergy across the Diocese. It is calculated using a number of factors including the rolling average of individual church membership. Running costs of the Church and Vestry Hall returned to normal levels following te partial closure of the premises during 2020 and 2021.Total charitable donations made during the year were £5,223 which was similar to 2021 and represented 7% of our donor income. A breakdown of the giving can be found in Note 5 of the accounts on p12. 

## **Looking Forward to 2023** 

2023 will be another year when our financial resources will be strained. Although we are fortunate that our net Parish Share for 2023 has been held at the same level as in 2022 and 2021, there will be the inevitable inflationary increases in our other costs together with an enormous increase in our gas and electricity charges largely as a result of the effect of the invasion of Ukraine. While I am reasonably confident that our financial reserves of around £25,000 at the end of 2022 will cover any deficit on our 

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## **CHRIST CHURCH NAILSEA PCC FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** 

## **STATEMENT OF ASSETS AND LIABILITIES** 

|**MONETARY ASSETS AT 31 DEC**<br>**Cash and bank balances:**<br>HSBC Current (less uncleared cheques)<br>HSBC Deposit<br>Scottish Widows Deposit<br>Cash<br>Other investments (note 4)<br>Other Church group's funds (various<br>accounts)<br>**Per Receipts and Payments accounts**<br>**Debtors:**<br>Arthur E Davey & Sons Ltd<br>Tickenham re-charge December 2022<br>**TOTAL MONETARY ASSETS**<br>**CURRENT LIABILITIES**<br>**OTHER INVESTMENTS**<br>**OTHER ASSETS**|_(See p7)_<br>_------------------------- (Reserve funds - see p8) ------------------------_<br>_General_<br>_Other_<br>_Pastoral_<br>_Vestry Hall Maintenance_<br>_Church_<br>**_Total_**<br>**_Total_**<br>_Fund_<br>_Church_<br>_Fund_<br>_& Signage_<br>_Reserve_<br>_Reordering_<br>**_2022_**<br>**_2021_**<br>_Groups_<br>_Improvements_<br>_(restricted)_<br>_(restricted)_<br>_(designated)_<br>_(designated)_<br>_(restricted &_<br>_designated)_<br>£<br>£<br>£<br>£<br>£<br>£<br>£<br>_£_<br>3271<br>0<br>0<br>0<br>0<br>0<br>3271<br>_4588_<br>21214<br>0<br>752<br>16107<br>0<br>5263<br>43336<br>_35287_<br>0<br>0<br>0<br>0<br>22299<br>2701<br>25000<br>_25000_<br>1<br>0<br>0<br>0<br>0<br>0<br>1<br>_0_<br>727<br>0<br>0<br>0<br>0<br>0<br>727<br>_823_<br>0<br>2308<br>0<br>0<br>0<br>0<br>2308<br>_3002_|
|---|---|
||25213<br>2308<br>752<br>16107<br>22299<br>7964<br>74643<br>_68699_|
||997<br>0<br>0<br>0<br>0<br>0<br>997<br>_865_<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>_292_|
||26210<br>2308<br>752<br>16107<br>22299<br>7964<br>75640<br>_69564_|
|||
||0<br>0<br>0<br>0<br>0<br>0<br>0<br>_0_|
||Nil<br>- Moveable church furnishings as listed in the terrier and inventory (held by the church<br>wardens on special trust for the PCC and which require a faculty for their disposal)|



- HM Revenue & Customs tax refund not yet claimed for the period 1 October 2022 to 31 December 2022 

6 



## **CHRIST CHURCH NAILSEA PCC** 

## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** 

## **GENERAL FUND** 

## **RECEIPTS AND PAYMENTS ACCOUNT** 

|_Note_<br>**RECEIPTS**<br>Income from donors<br>2a<br>Other voluntary income<br>2b<br>Income from charitable and ancillary trading<br>2c<br>Income from investments<br>2d<br>Other ordinary income<br>2e<br>Extraordinary income<br>2f<br>**TOTAL RECEIPTS**<br>**PAYMENTS**<br>Direct charitable costs:<br>Charitable donations<br>3a<br>Ministry costs<br>3b<br>Other expenditure:<br>Church management & administration<br>3c<br>**TOTAL PAYMENTS**<br>**NET SURPLUS / (DEFICIT) FOR THE YEAR**<br>**BEFORE TRANSFERS**<br>**NET TRANSFERS TO/FROM RESERVE ACCTS**<br>**GAINS AND LOSSES ON INVESTMENTS**<br>**NET (DEFICIT)/ SURPLUS AFTER TRANSFERS**<br>**AND GAINS/(LOSSES) ON INVESTMENTS**<br>**BANK AND CASH BALANCES BROUGHT**<br>**FORWARD AT 1 JANUARY 2022**<br>**PREVIOUS YEAR ADJUSTMENT**<br>**REVISED BALANCES BROUGHT FORWARD**<br>**BANK AND CASH BALANCES CARRIED**<br>**FORWARD AT 31 DECEMBER 2022**|_Unrestricted_<br>_Designated_<br>_Restricted_<br>**_Total_**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**_2022_**<br>**_2021_**<br>£<br>£<br>£<br>£<br>_£_<br>73789<br>0<br>0<br>73789<br>_75559_<br>10552<br>0<br>8257<br>18809<br>_12308_<br>17575<br>0<br>3845<br>21420<br>_12570_<br>93<br>0<br>22<br>115<br>_47_<br>4553<br>0<br>0<br>4553<br>_3957_<br>12250<br>0<br>0<br>12250<br>_31262_|
|---|---|
||118811<br>0<br>12124<br>130935<br>_135704_|
||25<br>0<br>5198<br>5223<br>_5578_<br>93389<br>3893<br>8088<br>105370<br>_99112_|
||93414<br>3893<br>13286<br>110593<br>_104690_|
||14303<br>0<br>0<br>14303<br>_14173_|
||14303<br>0<br>0<br>14303<br>_14173_|
|||
||107717<br>3893<br>13286<br>124895<br>_118863_|
|||
||11094<br>-3893<br>-1162<br>6040<br>_16840_|
||-96<br>3893<br>-569<br>3228<br>_-16997_<br>0<br>0<br>0<br>0<br>_103_|
||10998<br>0<br>-1731<br>9268<br>_-54_|
||13356<br>0<br>2590<br>15946<br>_16000_<br>0<br>0<br>0<br>0<br>_0_|
||13356<br>0<br>2590<br>15946<br>_16000_|
|||
||24354<br>0<br>859<br>25214<br>_15946_|
|||



7 



## **CHRIST CHURCH NAILSEA PCC** 

## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** 

|**RESERVE FUNDS**<br>**OTHER CHURCH GROUPS**<br>_RECEIPTS AND PAYMENT ACCOUNT_<br>**Receipts**<br>Income<br>Transfer from general fund<br>**Payments**<br>Expenditure<br>Transfer to general fund:<br>**Net surplus/deficit for the year**<br>**Balance b/f at 1 January**<br>**Balance c/f at 31 December**<br>**PASTORAL FUND**<br>_RECEIPTS AND PAYMENT ACCOUNT_<br>**Receipts**<br>Income<br>Transfer from general fund<br>**Payments**<br>Expenditure<br>Transfer to general fund:<br>**Net surplus/deficit for the year**<br>**Balance b/f at 1 January**<br>**Balance c/f at 31 December**<br>**VESTRY HALL AND SIGNAGE IMPROVEMENTS**<br>_RECEIPTS AND PAYMENT ACCOUNT_<br>**Receipts**<br>Income<br>Transfer from general fund<br>**Payments**<br>Expenditure<br>Transfer to general fund:<br>**Net surplus/deficit for the year**<br>**Balance b/f at 1 January**<br>**Balance c/f at 31 December**<br>**MAINTENANCE RESERVE**<br>_RECEIPTS AND PAYMENT ACCOUNT_<br>**Receipts**<br>Income<br>Transfer from general fund:<br>**Payments**<br>Expenditure<br>Transfer to general fund:<br>**Net surplus/deficit for the year**<br>**Balance b/f at 1 January**<br>**Balance c/f at 31 December**<br>**REORDERING OF CHURCH**<br>_RECEIPTS AND PAYMENT ACCOUNT_<br>**Receipts**<br>Income<br>Transfer from general fund:<br>**Payments**<br>Expenditure<br>Transfer to general fund:<br>**Net surplus/deficit for the year**<br>**Balance b/f at 1 January**<br>**Balance c/f at 31 December**|_Unrestricted_<br>_Designated_<br>_Restricted_<br>**Total**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**2022**<br>**_2021_**<br>£<br>£<br>£<br>£<br>_£_<br>0<br>0<br>3255<br>3255<br>_1901_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>3949<br>3949<br>_2009_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>-694<br>-694<br>_-108_|
|---|---|
||0<br>0<br>3002<br>3002<br>_3110_|
||0<br>0<br>2308<br>2308<br>_3002_|
||_Unrestricted_<br>_Designated_<br>_Restricted_<br>**Total**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**2022**<br>**_2021_**<br>£<br>£<br>£<br>£<br>_£_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>22<br>22<br>_21_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>22<br>22<br>_21_|
||0<br>0<br>730<br>730<br>_709_|
||0<br>0<br>752<br>752<br>_730_|
||_Unrestricted_<br>_Designated_<br>_Restricted_<br>**Total**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**2022**<br>**_2021_**<br>£<br>£<br>£<br>£<br>_£_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>0<br>0<br>_20000_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>3893<br>0<br>3893<br>_0_<br>0<br>3893<br>0<br>3893<br>_0_|
||0<br>20000<br>0<br>20000<br>_0_|
||0<br>16107<br>0<br>16107<br>_20000_|
||_Unrestricted_<br>_Designated_<br>_Restricted_<br>**Total**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**2022**<br>**_2021_**<br>£<br>£<br>£<br>£<br>_£_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>0<br>0<br>_780_<br>0<br>0<br>0<br>0<br>_-780_|
||0<br>22299<br>0<br>22299<br>_23079_|
||0<br>22299<br>0<br>22299<br>_22299_|
||_Unrestricted_<br>_Designated_<br>_Restricted_<br>**Total**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**2022**<br>**_2021_**<br>£<br>£<br>£<br>£<br>_£_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>1241<br>1241<br>_2705_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>0<br>0<br>_4840_<br>0<br>0<br>1241<br>1241<br>_-2135_|
||0<br>6723<br>0<br>6723<br>_8858_|
||0<br>6723<br>1241<br>7964<br>_6723_|



8 



## **CHRIST CHURCH NAILSEA PCC FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **NOTE 1   ACCOUNTING POLICIES** 

## **1a)  Accounting conventions** 

The financial statements for the year ended 31 December 2022 have been prepared in accordance with the Church Accounting Regulations 2006 together with the applicable accounting standards and the Charities Statement of Recommended Practice (SORP) using the Receipts and Payments basis of accounting. 

## **1b)  Segregation of funds as required by the Charities Act** 

_Unrestricted funds_ represent the funds of the PCC that are not subject to any restriction by the donor regarding their use and which are freely available for furthering the general mission and ministry of the church.  Unrestricted funds may be _designated_ for a particular purpose by PCC. 

_Restricted funds_ represent the funds of the PCC that have been donated for a specific purpose.  Such funds may only be applied for the purpose for which they were donated.  Restricted funds are identified in the Financial Statements to ensure proper control. 

_Endowment funds._ The PCC has no endowment funds. 

## **1c)  Recognition of accounting transactions** 

The financial statements include all monetary transactions, assets and liabilities for which the PCC is responsible in law, including those of recognised church groups.  They do not include the accounts of church groups which owe their main affiliation to another body, or which are merely informal gatherings of church members. Subject to the above, receipts and payments include income as received and expenditure when irrevocably paid. 

## **1d)  Statement of Assets and Liabilities** 

The following assets are recognised in the Statement of Assets and Liabilities: 

- Moveable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal; 

- Land and buildings held on behalf of the PCC; 

- Other fixtures, fittings and equipment which the PCC may freely sell without a faculty, where the original cost exceeded £1,000; 

- Amounts owing from HM Revenue & Customs where a formal repayment claim has not yet been made; 

- Amounts receivable from Tickenham PCC not credited before 31 December 2022; 

- Amounts owing from Funeral Directors not credited before 31 December 2022; 

- Legacies where formal notification of entitlement and amount has been received before 31 December 2022 by the PCC; 

- Investments held beneficially by the PCC; 

- Closing bank and cash balances as shown in the Receipts and Payments accounts. 

The following liabilities are recognised in the Statement of Assets and Liabilities: 

- Any loans, overdrafts and advances to the PCC; 

- Any arrears of Diocesan Common Fund; 

- Creditors for goods and services received and invoiced by 31 December 2022 

. 

9 



## **CHRIST CHURCH NAILSEA PCC FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** 

|**NOTE 2  GENERAL FUND RECEIPTS**<br>**2a) Income from donors**<br>Planned giving<br>Income tax refund<br>Cash collections<br>General gifts and donations<br>**2b) Other voluntary income**<br>Saturday/Sunday coffee<br>Children's Work<br>Re-ordering of the Church<br>Miscellaneous<br>Specific gifts, donations and events<br>Income tax refund (Gift Day and specific donations)<br>**2c) Income from charitable trading**<br>Bible notes & books<br>Magazine<br>Other church groups' income<br>Choir income<br>Flower income<br>Welcome and Events Group<br>Traidcraft<br>Hire of Vestry Hall<br>Wedding & funeral fees<br>**2d) Income from investments**<br>HSBC Deposit interest<br>Scottish Widows income<br>Dividend income COIF<br>**2e) Other ordinary income**<br>Tickenham share of Benefice costs<br>**2f) Extraordinary income**<br>Grants<br>Legacies & gifts<br>**TOTAL RECEIPTS**|_Unrestricted_<br>_Designated_<br>_Restricted_<br>**_Total_**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**_2022_**<br>**_2021_**<br>£<br>£<br>£<br>£<br>_£_<br>51142<br>0<br>0<br>51142<br>_53344_<br>15287<br>0<br>0<br>15287<br>_15235_<br>6756<br>0<br>0<br>6756<br>_5503_<br>604<br>0<br>0<br>604<br>_1478_|
|---|---|
||73789<br>0<br>0<br>73789<br>_75559_|
||1656<br>0<br>0<br>1656<br>_517_<br>351<br>0<br>1839<br>2190<br>_1919_<br>0<br>0<br>1241<br>1241<br>_2705_<br>8545<br>0<br>0<br>8545<br>_1606_<br>0<br>0<br>4706<br>4706<br>_5026_<br>0<br>0<br>471<br>471<br>_536_|
||10552<br>0<br>8257<br>18809<br>_12308_|
||29<br>0<br>0<br>29<br>_166_<br>877<br>0<br>0<br>877<br>_853_<br>0<br>0<br>3255<br>3255<br>_1901_<br>0<br>0<br>492<br>492<br>_0_<br>0<br>0<br>98<br>98<br>_0_<br>5005<br>0<br>0<br>5005<br>_3008_<br>0<br>0<br>0<br>0<br>_854_<br>5061<br>0<br>0<br>5061<br>_2569_<br>6603<br>0<br>0<br>6603<br>_3220_|
||17575<br>0<br>3845<br>21420<br>_12570_|
||49<br>0<br>0<br>49<br>_1_<br>44<br>0<br>0<br>44<br>_25_<br>0<br>0<br>22<br>22<br>_21_|
||93<br>0<br>22<br>115<br>_47_|
||4553<br>0<br>0<br>4553<br>_3957_|
||4553<br>0<br>0<br>4553<br>_3957_|
||2250<br>0<br>0<br>2250<br>_0_<br>10000<br>0<br>0<br>10000<br>_31262_|
||12250<br>0<br>0<br>12250<br>_31262_|
|||
||118811<br>0<br>12124<br>130935<br>_135704_|



10 



|**NOTE 3 GENERAL FUND PAYMENTS**<br>**Direct charitable expenditure:**<br>**3a) Donations**<br>Home missions<br>Overseas aid<br>Discretionary / Pastoral aid<br>**3b) Activities relating to direct ministry**<br>Staff expenses of office<br>Jt Ben Sundries<br>Tickenham sole costs<br>Books & Bible Notes<br>Churches Together in Nailsea and District<br>Cleaning<br>Diocesan Common Fund<br>Magazine<br>Maintenance & repairs<br>Miscellaneous costs<br>Music costs<br>Welcome and Events Group Costs<br>Sanctuary & service supplies<br>Utilities & church running costs<br>Vestry Hall running expenses<br>Wedding and funerals<br>Children and Families<br>Church Reordering<br>Other church groups<br>**Total direct expenditure**<br>**Other expenditure:**<br>**3c) Church management & administration**<br>Parish office<br>Administrator costs<br>Stewardship expenses<br>**3d) Extraordinary expenses**<br>**Total other expenditure**<br>**TOTAL PAYMENTS**|_Unrestricted_<br>_Designated_<br>_Restricted_<br>**_Total_**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**_2022_**<br>**_2021_**<br>£<br>£<br>£<br>£<br>_£_<br>25<br>0<br>3196<br>3221<br>_2838_<br>0<br>0<br>2002<br>2002<br>_2741_<br>0<br>0<br>0<br>0<br>_0_|
|---|---|
||25<br>0<br>5198<br>5223<br>_5578_|
||451<br>0<br>0<br>451<br>_350_<br>724<br>0<br>300<br>1024<br>_383_<br>125<br>0<br>0<br>125<br>_53_<br>46<br>0<br>0<br>46<br>_272_<br>320<br>0<br>0<br>320<br>_320_<br>1757<br>0<br>0<br>1757<br>_1315_<br>74760<br>0<br>0<br>74760<br>_74760_<br>240<br>0<br>0<br>240<br>_222_<br>987<br>3893<br>0<br>4880<br>_2332_<br>1151<br>0<br>0<br>1151<br>_595_<br>2143<br>0<br>2000<br>4143<br>_3135_<br>683<br>0<br>0<br>683<br>_525_<br>28<br>0<br>0<br>28<br>_186_<br>5232<br>0<br>0<br>5232<br>_2837_<br>1210<br>0<br>0<br>1210<br>_930_<br>3406<br>0<br>0<br>3406<br>_1932_<br>126<br>0<br>1839<br>1965<br>_2115_<br>0<br>0<br>0<br>0<br>_4840_<br>0<br>0<br>3949<br>3949<br>_2009_|
||93389<br>3893<br>8088<br>105370<br>_99112_|
|||
||93414<br>3893<br>13280<br>110593<br>_104690_|
||2323<br>0<br>0<br>2323<br>_1909_<br>11871<br>0<br>0<br>11871<br>_12159_<br>108<br>0<br>0<br>108<br>_105_|
||14303<br>0<br>0<br>14303<br>_14173_|
|||
||0<br>0<br>0<br>0<br>_0_|
|||
||14303<br>0<br>0<br>14303<br>_14173_|
|||
||107717<br>3893<br>13286<br>124895<br>_118863_|



11 



## **CHRIST CHURCH NAILSEA FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** 

## **NOTE 4   OTHER INVESTMENTS** 

COIF Charities Fund - Income Units 

|_Holding_|_Value_|_Income_|
|---|---|---|
|40|727|22|



## **NOTE 5   CHARITABLE DONATIONS** 

|**Home**<br>Clevedon Food Bank<br>Connect Youth Worker<br>Wellspring Counselling<br>CAP - Christians Against Poverty<br>Children's Society<br>Sisters of the Church<br>British Legion<br>**Total charitable donations**|580<br>500<br>500<br>500<br>376<br>69<br>25|
|---|---|
||2550|
|||
||5223|



|**Overseas**<br>Christian Aid<br>CMS<br>Christian Aid - Ukraine<br>Appeal<br>Leprosy Mission|1146<br>670<br>644<br>213|
|---|---|
||2673|



## **NOTE 6   REMUNERATION AND EXPENSES** 

## **Salaries, fees and remuneration of PCC members** 

During the year the PCC paid casual fees to some members of the PCC who undertook verger duties at weddings and funerals.  These verger payments are reimbursed from fees charged for weddings and funerals. 

The PCC reimbursed members for personal expenditure incurred in connection with areas of work such as maintenance, youth work, pastoral care and general administrative costs.  Members of the PCC, other than the clergy, who incurred expenses on behalf of the PCC in this way, were reimbursed as follows: 

|John Bickerstaffe|40|
|---|---|
|Liz Everitt|6|
|Robin Lambert|34|
|Malcolm Pemble|50|
|Linda Randall|70|



## **Staff expenses of office** 

The PCC reimbursed expenses of office to the Staff Team together with fees and expenses to visiting clergy.  Expenses and fees were reimbursed as below. 

|Priest-in-Charge<br>Reader Training<br>LMG clergy<br>Totals|2022<br>_2021_<br>343<br>_213_<br>0<br>_0_<br>61<br>_138_|
|---|---|
||406<br>_351_|



12 



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