## **CHRIST CHURCH NAILSEA PCC** 

**ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023** 

## **Registered Charity No. 1145020** 

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



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## **CHRIST CHURCH NAILSEA PCC** 

## **ANNUAL REPORT FOR THE YEAR ENDING 31 DECEMBER 2023** 

The Parochial Church Council of Christ Church, Nailsea (“the PCC”) presents its Annual Report and Financial Statements for the year ended 31 December 2023. 

## **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 2023 the following served as members of the PCC.  Members who also sat on the Standing Committee (SC) are indicated. 

|**Rector**|Reverend Jules Harris up to the end of February<br>Vacant post from beginning of March|
|---|---|
|**Reader**|Richard Wheller|
|**Churchwarden**|Elizabeth Everitt (SC) (PCC and SC Vice-Chairperson)|
|**Deanery Synod**<br>(to serve up to 31 May 2026)|Elizabeth Everitt<br>Chris Mahony<br>Val Clifton (from the APCM)<br>Jo Hatcliffe (up to the APCM)|
|**Elected members**<br>(served up to 2023 (APCM)|Linda Randall<br>Peter Stock|
|**Elected members**<br>(to serve up to 2024 APCM)|Tina Hellawell<br>Malcolm Pemble<br>Colin Rockett (resigned June 2023)<br>Gemma Searle (from the APCM)|
|**Elected members**<br>(to serve up to 2025 APCM)|Jim Brooks-Hulin (resigned December 2023)<br>Bobbie Shannon<br>Brian Slater<br>Derek Slee|
|**Elected Members**<br>(served up to 2026 APCM)|John Bickerstaffe (PCC Treasurer) (SC)<br>Rebecca Collard (SC)<br>Jill Martin (PCC and SC Secretary)<br>Sandra Whiting (from the APCM)|
|**Co-opted Members**<br>(Co-opted in August 2023 to<br>serve up to 2024 APCM)|Robin Lambert|



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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 two additional meetings in August (the first joint with Tickenham) in connection with the appointment process for a new Rector. The Annual Parochial Church Meeting (APCM) was held on Monday 24 April 2023. 

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 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 (when in post) 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** 

After largely recovering from the effects of the Covid pandemic, 2023 turned out to be a challenging year due to the unexpected resignation of our Rector which took effect from the end of February. As a consequence we were in a Vacancy for most of the year. We advertised for new incumbent and following interviews in November, an appointment was made and we are delighted to be installing our new Rector, the Reverend Nicki Bradford, in April 2024. Nicki is currently serving as a Curate in the Quantock Villages benefice. 

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 a service of Morning Prayer on Saturdays. Services were also held monthly on Wednesdays at 10.00am and monthly at Silver Trees Care Home, Argentum and Bucklands Retirement Apartments. 

All are welcome to attend our regular services when the church is open.  At the end of 2023 there were 137 parishioners on the Church Electoral Roll of whom 90 were resident in the parish. 

The number of Sunday worshippers is assessed each year. In 2023 it was assessed that 110 adults attended a Sunday service at least once over a monthly period. In 2022 the equivalent figure was 121. 

We enable our community to celebrate and thank God at the milestones through life.  We celebrated 4 baptisms, held 2 weddings, held 9 funerals or memorial services in church and 2 interments of ashes in the churchyard. 

## **Activities and Teaching** 

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. They included two musical concerts, our regular summer fete and various smaller fund raising initiatives 

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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. 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 organised at the nearby Argentum Lodge which is a home for elderly residents with dementia and other nursing needs but these had to be stopped as a result of the pandemic, further outbreaks of Covid and their Activity co-ordinator leaving.  A cautious return occurred during the latter part of the year by holding bi-monthly services although this activity was further interrupted by another outbreak of Covid. 

We continued our liaison with Kingshill Church School where we have a Foundation Governor. We assist with a lunchtime club, help children with reading and are involved with assemblies. 

We continued to open 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 2024 when it will be reviewed. 

A six week Lent Course was held prior to Easter and a Book Club studying selected books from a Christian perspective recommenced and met at monthly intervals in the second half of the year. 

## **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. 

Some years ago the PCC resolved to re-order the Nave of the church to enable more flexible use of the building by church and other groups and organisations. The key element was to remove the remaining fixed pews to provide a more useable, open, interior. Considerable preparatory work by a small working party assisted by our architect took place over the last few 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. It has now been decided to implement the scheme in stages due to difficulties with fund raising. The estimated cost of the first stage of the works is in the order of £120,000 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 when in post.  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, Trendlewood, Christ Church and All Saints, Wraxall with Failand.  ‘Prayers for Nailsea’ takes place on the first Tuesday of the month and rotates around the churches. 

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, an initiative of CTIND, has continued its outreach work in the area. 

## **FINANCIAL REVIEW** 

## **Introduction and Overview** 

2023 was a difficult year financially We were able to end the year having met all our financial obligations by using our modest reserves together with the proceeds of two legacies and a few one-off donations which enabled us to end the year with unrestricted financial reserves of £14,466 at the commencement 

3 



of 2024. This was well 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 based on respective church membership. 

During 2023, we had a deficit of nearly £32,000 on the operational part of the accounts which was able to be met from our free financial reserves, legacies and one-off donations. The total financial assets at the end of 2023, excluding debtors, were £76,123. When restricted and designated funds were taken away from this total, £13,077 remained in the General Fund for general use and represented our free reserves at the beginning of 2024. 

## **Income** 

Our overall income in 2023 was £137,092. However, this included £29,597 of restricted funds which the PCC cannot use for general purposes. Regular income from all donors, which includes planned giving, cash collections, regular personal donations and gift aid claimed was ££65,801. This was considerably less than the figure of £73,789 in 2022 and was due a reduction in the number of regular worshippers due to death or moving away. The income from fund raising events suffered a reduction of around £3,000 compared to 2022. The annual Summer Fair together with two concerts raised around £2,000 compared to nearly £5,000 in 2022. 

The one-off donations referred to above included a legacy from the estate of Nicola Bickerstaffe, anonymous donations, Gift Aid claimed on donations made in the last quarter of 2022 and a Warm Space grant from North Somerset Council. 

## **Expenditure** 

Overall total expenditure in 2023 was £135,678. This included our full Parish Share for 2023 of £76,375. This was around 65% 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 were significantly higher than in 2022 due to the huge increase in energy costs. Total charitable donations made during the year were £6,829 which represented 10.4% of our donor income which slightly exceeded our target of !0%. A breakdown of the giving can be found in Note 5 of the accounts on p12. 

## **Looking Forward to 2024** 

2024 will be another difficult year for our finances when I anticipate that the deficit on our operational income/costs will exceed our available cash reserves unless action is taken. Fortuitously our energy cost will be significantly lower than the excessive costs during 2023 and, at their November meeting, the PCC resolved to hold a stewardship campaign early in 2024 to try and increase our donor income. 

The General fund contains a restricted sum of £1,389 which is being carried forward into 2024.  This comprises £159 in a bursary fund donated in connection with the parish weekends away at Lee Abbey, £283 held on behalf of the flower fund, £469 held on behalf of the choir and £477 held on behalf of Tots. 

## **RESERVES** 

At the September 2020 meeting of the PCC it was resolved that the PCC should have Reserves Policy of trying to maintain a balance of free reserves equivalent to at least three months of unrestricted payments. At the end of 2023 this was approximately £30,000. Our free reserves at the end of 2022 stood at just over £24,000 which, together with a couple of legacies and some one-off donations, enabled us to fund our operational deficit in 2023. These legacies and one-off donations enabled our free reserves to be £13,077 at the end of 2023 which was well below our target of £30,000. 

## **RESERVE ACCOUNTS** 

Financial details of these reserve accounts can be found on p8 of this report and are reported below. 

## **Other Church Groups (restricted)** 

This is a reserve fund where money from other church groups is identified.  The Other Church Groups comprise the After 8s, Tots at Christ Church, Church Flowers and the Piecemakers. All these groups operate under the auspice of the PCC and hold separate monies in individual accounts which are restricted for use by each particular group.  Accounts for each group are submitted to the PCC treasurer 

4 



each year and are then compounded as a single entry in the PCC accounts.  Income in 2023 was £2797 and expenditure was £3357. The fund held £1748 at the end of 2023. 

## **Pastoral Fund (restricted)** 

The Pastoral Fund was created by the winding-up of the Thatcher Charity set up in 1918. The investment remains in place (see Note 4) but is no longer a trust asset.  Distributions of income from this investment are now credited quarterly to the Pastoral Fund. The fund has also been augmented by the occasional donation. The fund held £752 at the start of the year. Income from investments in the year amounted to £22. There was no expenditure leaving £774 to be carried forward into 2024 

## **Improvements to the Vestry Hall and Signage (designated)** 

The money held in this fund is held for proposed improvements to the Vestry Hall heating and lighting together with a new front door and new signage using money arising from a legacy from the late John Chivers. £20,000 was designated and £7,584 was expended on a replacement boiler during 2023.This leaves £8,523 to be carried forward into 2024. 

## **Maintenance Reserve (designated)** 

The amount brought forward in the Maintenance account from 2022 was £22,299. There was no expenditure during the year and so the fund remains at £22,299 to be carried forward to 2024. 

## **Church Reordering (restricted and designated)** 

A project for reordering the Church by the removal of the pews together with other improvement works was commenced in 2016. The fund stood at £7,984 at the commencement of 2023. £20,350 was added to the fund as a result of various donations made during 2023. The fund stood at £28,314 at the end of 2022. £21,091 was restricted and the remaining £7,223 was designated. 

## **APPROVAL OF THE ANNUAL REPORT FOR 2022 INCLUDING THE FINANCIAL STATEMENTS** 

The Annual Report for 2023, including the Financial Statements, was approved by the Parochial Church Council on 11 March 2024 

And signed on its behalf by: 

Elizabeth Everitt                                                                                      (Churchwarden) 

5 



## **CHRIST CHURCH NAILSEA PCC FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023** 

## **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>**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>**_2023_**<br>**_2022_**<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>3387<br>0<br>0<br>0<br>0<br>0<br>3387<br>_3271_<br>10047<br>0<br>774<br>8523<br>22299<br>3314<br>44956<br>_43336_<br>0<br>0<br>0<br>0<br>0<br>25000<br>25000<br>_25000_<br>237<br>0<br>0<br>0<br>0<br>0<br>237<br>_1_<br>794<br>0<br>0<br>0<br>0<br>0<br>794<br>_727_<br>0<br>1748<br>0<br>0<br>0<br>0<br>1748<br>_2308_|
|---|---|
||14466<br>1748<br>774<br>8523<br>22299<br>28314<br>76123<br>_74643_|
||856<br>0<br>0<br>0<br>0<br>0<br>856<br>_997_|
||15322<br>1748<br>774<br>8523<br>22299<br>28314<br>76979<br>_75640_|
|||
||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 2023 to 31 December 2023 

6 



## **CHRIST CHURCH NAILSEA PCC** 

## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023** 

## **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 2023**<br>**PREVIOUS YEAR ADJUSTMENT**<br>**REVISED BALANCES BROUGHT FORWARD**<br>**BANK AND CASH BALANCES CARRIED**<br>**FORWARD AT 31 DECEMBER 2023**|_Unrestricted_<br>_Designated_<br>_Restricted_<br>**_Total_**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**_2023_**<br>**_2022_**<br>£<br>£<br>£<br>£<br>_£_<br>65801<br>0<br>0<br>65801<br>_73789_<br>9683<br>500<br>26703<br>36886<br>_18809_<br>11781<br>0<br>2872<br>14653<br>_21420_<br>815<br>0<br>22<br>837<br>_115_<br>4414<br>0<br>0<br>4414<br>_4553_<br>14500<br>0<br>0<br>14500<br>_12250_|
|---|---|
||106995<br>500<br>29597<br>137092<br>_130935_|
||25<br>0<br>6376<br>6401<br>_5223_<br>103721<br>7584<br>3379<br>114684<br>_105370_|
||103746<br>7584<br>9755<br>121085<br>_110593_|
||14593<br>0<br>0<br>14593<br>_14303_|
||14593<br>0<br>0<br>14593<br>_14303_|
|||
||118339<br>7584<br>9755<br>135678<br>_124896_|
|||
||-11344<br>-7084<br>19842<br>1414<br>_6039_|
||0<br>7084<br>-19312<br>-12228<br>_3228_<br>67<br>0<br>0<br>67<br>_0_|
||-11277<br>0<br>530<br>-10747<br>_9267_|
||24354<br>0<br>859<br>25213<br>_15940_<br>0<br>0<br>0<br>0<br>_0_|
||24354<br>0<br>859<br>25213<br>_15946_|
|||
||13077<br>0<br>1389<br>14466<br>_25213_|
|||



7 



## **CHRIST CHURCH NAILSEA PCC** 

## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023** 

## **RESERVE FUNDS** 

|**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**<br>**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>**2023**<br>**_2022_**<br>£<br>£<br>£<br>£<br>_£_<br>0<br>0<br>2797<br>2797<br>_3255_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>3357<br>3357<br>_3949_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>-560<br>-560<br>_-694_|
|---|---|
||0<br>0<br>2308<br>2308<br>_3002_|
||0<br>0<br>1748<br>1748<br>_2308_|
||_Unrestricted_<br>_Designated_<br>_Restricted_<br>**Total**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**2023**<br>**_2022_**<br>£<br>£<br>£<br>£<br>_£_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>22<br>22<br>_22_<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>_22_|
||0<br>0<br>752<br>752<br>_730_|
||0<br>0<br>774<br>774<br>_752_|
||_Unrestricted_<br>_Designated_<br>_Restricted_<br>**Total**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**2023**<br>**_2022_**<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>7584<br>0<br>7584<br>_3893_<br>0<br>7584<br>0<br>7584<br>_3893_|
||0<br>16107<br>0<br>16107<br>_20000_|
||0<br>8523<br>0<br>8523<br>_16107_|
||_Unrestricted_<br>_Designated_<br>_Restricted_<br>**Total**<br>**_Total_**<br>_funds_<br>_funds_<br>_funds_<br>**2023**<br>**_2022_**<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>_0_<br>0<br>0<br>0<br>0<br>_0_|
||0<br>22299<br>0<br>22299<br>_22299_|
||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>**2023**<br>**_2022_**<br>£<br>£<br>£<br>£<br>_£_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>500<br>19850<br>20350<br>_1241_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>500<br>19850<br>20350<br>_-2135_|
||0<br>5647<br>2317<br>7964<br>_6723_|
||0<br>6147<br>22167<br>28314<br>_7964_|



8 



## **CHRIST CHURCH NAILSEA PCC FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **NOTE 1   ACCOUNTING POLICIES** 

## **1a)  Accounting conventions** 

The financial statements for the year ended 31 December 2023 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 owing from Funeral Directors not credited before 31 December 2023; 

- Legacies where formal notification of entitlement and amount has been received before 31 December 2023 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 2023 

. 

9 



## **CHRIST CHURCH NAILSEA PCC FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023** 

|**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>Events Group<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>**_2023_**<br>**_2022_**<br>£<br>£<br>£<br>£<br>_£_<br>46325<br>0<br>0<br>46325<br>_51142_<br>12600<br>0<br>0<br>12600<br>_15287_<br>6186<br>0<br>0<br>6186<br>_6756_<br>691<br>0<br>0<br>691<br>_604_|
|---|---|
||65801<br>0<br>0<br>65801<br>_73789_|
||1759<br>0<br>0<br>1759<br>_1656_<br>205<br>0<br>477<br>682<br>_2190_<br>0<br>500<br>19850<br>20350<br>_1241_<br>7719<br>0<br>0<br>7719<br>_8545_<br>0<br>0<br>5789<br>5789<br>_4706_<br>0<br>0<br>587<br>587<br>_471_|
||9683<br>500<br>26703<br>36886<br>_18809_|
||148<br>0<br>0<br>148<br>_29_<br>493<br>0<br>0<br>493<br>_877_<br>0<br>0<br>2797<br>2797<br>_3255_<br>0<br>0<br>0<br>0<br>_492_<br>0<br>0<br>76<br>76<br>_98_<br>1998<br>0<br>0<br>1998<br>_5005_<br>4923<br>0<br>0<br>4923<br>_5061_<br>4219<br>0<br>0<br>4219<br>_6603_|
||11781<br>0<br>2872<br>14653<br>_21420_|
||621<br>0<br>0<br>621<br>_49_<br>194<br>0<br>0<br>194<br>_44_<br>0<br>0<br>22<br>22<br>_22_|
||815<br>0<br>22<br>837<br>_115_|
||4414<br>0<br>0<br>4414<br>_4553_|
||4414<br>0<br>0<br>4414<br>_4553_|
||1000<br>0<br>0<br>1000<br>_2250_<br>13500<br>0<br>0<br>13500<br>_10000_|
||14500<br>0<br>0<br>14500<br>_12250_|
|||
||106995<br>500<br>29597<br>137092<br>_130935_|



10 



## **CHRIST CHURCH NAILSEA PCC FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023** 

|**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>Interregnum Costs<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>Choir<br>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>**_2023_**<br>**_2022_**<br>£<br>£<br>£<br>£<br>_£_<br>25<br>0<br>3169<br>3194<br>_3221_<br>0<br>0<br>3207<br>3207<br>_2002_<br>0<br>0<br>0<br>0<br>_0_|
|---|---|
||25<br>0<br>6376<br>6401<br>_5223_|
||61<br>0<br>0<br>61<br>_451_<br>1094<br>0<br>0<br>1094<br>0<br>336<br>0<br>0<br>336<br>_1024_<br>115<br>0<br>0<br>115<br>_125_<br>149<br>0<br>0<br>149<br>_46_<br>280<br>0<br>0<br>280<br>_320_<br>1746<br>0<br>0<br>1746<br>_1757_<br>76375<br>0<br>0<br>76375<br>_74760_<br>242<br>0<br>0<br>242<br>_240_<br>3434<br>7584<br>0<br>11018<br>_4880_<br>823<br>0<br>0<br>823<br>_1151_<br>4564<br>0<br>0<br>4564<br>_4143_<br>0<br>0<br>23<br>23<br>_0_<br>110<br>0<br>0<br>110<br>_683_<br>207<br>0<br>0<br>207<br>_28_<br>8947<br>0<br>0<br>8947<br>_5232_<br>3162<br>0<br>0<br>3162<br>_1210_<br>0<br>0<br>0<br>0<br>_3406_<br>2076<br>0<br>0<br>2076<br>_1965_<br>0<br>0<br>0<br>0<br>_0_<br>0<br>0<br>3357<br>3357<br>_3949_|
||103721<br>7584<br>3379<br>114684<br>_105370_|
|||
||103746<br>7584<br>9755<br>121085<br>_110593_|
||1705<br>0<br>0<br>1705<br>_2323_<br>12773<br>0<br>0<br>12773<br>_11871_<br>116<br>0<br>0<br>116<br>_108_|
||14593<br>0<br>0<br>14593<br>_14303_|
|||
||0<br>0<br>0<br>0<br>_0_|
|||
||14593<br>0<br>0<br>14593<br>_14303_|
|||
||118339<br>7584<br>9755<br>135678<br>_124895_|



11 



## **CHRIST CHURCH NAILSEA FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023** 

## **NOTE 4   OTHER INVESTMENTS** 

COIF Charities Fund - Income Units 

|_Holding_|_Value_|_Income_|
|---|---|---|
|40|794|22|



## **NOTE 5   CHARITABLE DONATIONS** 

|**Home**<br>The Julian Trust<br>Clevedon Food Bank<br>Connect Youth Worker<br>Wellspring Counselling<br>CAP - Christians Against Poverty<br>Children's Society<br>Be More Ben (Tots)<br>Children in Need (Tots)<br>British Legion<br>**Total charitable donations**|**Overseas**<br>765<br>Leprosy Mission<br>643<br>Christian Aid<br>500<br>CMS<br>500<br>Christian Aid - Turkey Appeal<br>500<br>260<br>230<br>201<br>25<br>3625<br>6832|1148<br>990<br>500<br>569|
|---|---|---|
|||3207|
||||



## **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|55|
|---|---|
|Liz Everitt|30|
|Robin Lambert|87|
|Malcolm Pemble|30|



## **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>LMG clergy<br>Totals|2023<br>_2022_<br>61<br>_343_<br>0<br>_61_|
|---|---|
||61<br>_404_|



12 



In
ndent Examinefs Re
Church Council
pcc
rt to the Trustèes of Christ Church Nailsea Parochlal
This report on the accounts of the PCC for the year ended 31 December 2023, which are set out in the
Annual Rewrt, is in respe¢t of an exarnination ￿Tri￿j out in accordan¢e wth seth.on 145 of the
Charities Act 2011 (the Act).
Respectlve re8pon8lbllltl¢g of th? tnbstees and examlner
As the members of the PCC, you act as trustees and a￿ resp)nsible for.
the p￿paratiOn of the accounts,
keeping proper accountsng recorrls,
safeguarding the PCC assets and
institub.ng such measures as are reasonably required to enable the wevenbon and det¥tion
of fraud.
You con$bJer that an audlt is not required for year under Sect*￿ 144 of the Act and that an
independent eXaMinat￿n is needed.
It is my ￿sponsIbl1rtY to=
examine the accounts under section 145 of the Act,
to follow the prc¢edures laid down in the General Th"recairms gplen by ts Charty Commission
under section 145{5llbl of the Ac( and
to state whether pa￿'cular matters have LxTh to my attent￿n.
Basis of independent examlnof8 8tatom&nt
My examination was I￿rried out in XCOrdan￿ with General DIrect￿rts given by the Charity
Commissbj). An examinats.on indudes a rev￿ of the accounting records kept by the PCC and a
comparison of the accounts presented with those records. It also inctudes o)nsideration of any
unusual items or disclosures in the accoLFnts and seeking explanations from you as trustees
Con￿rning any such matters. The proC&￿ureS undertaken do not provide all the evidence that would
be required in an audit. and con5equenliy I do not express an audrt opinion on the accounts.
IndewKlont examlnerf8 slatem
In the course of my examination, no matter tws come to my attent￿￿.
1. which gNes me ￿sonable cause to believe that in. any rnater￿ respecL the trustees have
not met Ihe requirements to ensure that
' proper accounting records are kept in accordance with section 130 of the Act., atKI
• accounts are prepared which accord with these accounting records and comply wfth the
accounts'ng requirements of the Art or
2. to which. in my Opin￿)n. attention $I￿Uld be drawn in order to enab￿ a proper understanding
of the accounts to be reached.
Signed..
2024
Philip J C Wi
Winters Consutting
59A North Street
Nailsea
North Somerset
BS48 4BS