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2023-12-31-accounts

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Annual Report and Financial Statements of the Parochial Church Council

for the year ended 31 December 2023

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Vicar:

The Rev’d Steve Burmester

The Vicarage 36 Sagars Road Handforth

Banks:

The Royal Bank of Scotland Wilmslow Branch

CAF Bank West Malling, Kent

Independent examiner:

Abigail Sheehan

ST CHAD’S HANDFORTH PAROCHIAL CHURCH COUNCIL Annual Report for the Year ended 31 December 2023

Aim and purposes

The Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Reverend Steve Burmester, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of the church buildings and equipment and for employing staff.

Objectives and activities

The PCC is committed to enabling as many people as possible to worship and to become part of our parish community at St Chad’s.

Our vision is Knowing Christ and making Him known .

The values that help us to work towards the vision of being Authentic, Bible-based and Spirit filled, Community-focused, Disciple-making, of and for Every Generation.

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

To facilitate this work, we also consider it important that we maintain the fabric of the church and halls at St Chad’s.

Achievements and Performance

The PCC has set out its aims in the objectives above. Achievements in these areas can be broken down into the three areas mentioned:

1. Worship & Prayer.

Throughout 2023 lockdown restrictions from the Pandemic are now completely lifted. We hold two Sunday services and a midweek Wednesday service. We are able to be broadcast on YouTube for live viewing to allow those who are housebound or unable to join us to still participate in regular worship. We were also delighted to resume our Sunday morning children’s work with Sunday Clubs on the 2[nd] and 4[th] Sundays of the month. This offers child friendly activities and teaching for children from school years Reception – Y6.

We have been able to do adult and children’s baptisms, weddings and funerals in a similar fashion.

In addition to this we have resumed in person prayer meetings once a month and on the other Tuesdays we continue to meet on zoom to pray.

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ST CHAD’S HANDFORTH PAROCHIAL CHURCH COUNCIL Annual Report for the Year ended 31 December 2023

2. Provision of pastoral care for people living in the parish

The Pastoral Care of individuals in church has remained a high priority to the church family. The pastoral care team have continued to meet monthly using zoom and have ensured that people have been contacted regularly by telephone and that their practical needs as well as their spiritual and emotional needs have been met as far as possible.

The PCC and church have continued to work closely with two local charities. Pure Innovations who are based in Stockport are a charity that works with adults with learning difficulties in the workplace. Through their partnership with us in Café Aroma we’ve established a successful community café which is used by local people from the community. The café started to open 3 days a week in 2023, however the Tuesday opening was not attracting enough customers so we returned to opening for 2 days a week (Wednesdays and Fridays) and is still proving popular.

The second charity is Hope Central which has been running since 2019 and St Chad’s have been an integral part of this charity. During 2023 the work of Hope Central has grown and grown. We have reported in previous years that Hope Central established a partnership with Christians Against Poverty (CAP), a national Christian Charity. These ministries include a Job Club, Money Management course, Debt Counselling Centre and Freedom from life-controlling addictions course. The charity has continued to grow in terms of outreach ministries and scope.

3. Missionary & Outreach Work

Our established missionary and outreach work continued as it did last year and is outlined below. Since the summer of 2021 we have been working with a number of Asylum seekers who are housed in a nearby hotel. We have continued to offer hospitality events, TEFL (English) classes, Sunday lunches and Alpha courses. A good number (15-20) Iranian Christians have been regularly attending our Sunday and midweek services and we were able to Baptise 12 of them over the course of 2023. The hotel closed to asylum seekers in December 2023.

Much of the regular outreach work in the community has continued to be through families and school’s work. In 2022 we continued our work in the schools by the vicar’s appointment to become Chair of the Handforth Grange governing body in Sept 2018.

Over 1500 people attended our Remembrance Day service, held outdoors at the war memorial and a similar number at our “Carols in the Paddock” service on Christmas Eve.

We have continued a strong support for home and international Missionary work and were able to invite individuals from various organisations to present and update us during our Sunday services.

A full list of the organisations we support financially is shown in note 3 to the financial statements.

The PCC continues to be very grateful for all the hard work of many church members throughout the year in a variety of ways –cafe, resource teams, homegroup leaders, pastoral care, sides persons, musicians and technical support, cleaners and church office administration. Many have quietly and faithfully served in the life and witness of God’s church here in ways, which are not mentioned. But it is important to mention our wardens, Rob Moore & Sue Sanders, and our treasurer, Chris Birch, who

2

ST CHAD’S HANDFORTH PAROCHIAL CHURCH COUNCIL Annual Report for the Year ended 31 December 2023

have served willingly throughout the year. So, thank you to everyone who has served at St Chad’s this year.

Financial Review

There was an overall financial deficit for the year of £10,807 (2022: surplus of £15,737).

A major expense in the year was the replacement of the main beam in the West Gable of the church which cost £15,503.

During the year we received legacies totaling £12,500

Reserves at the end of the year amounted to £467,977 of which £340,000 relates to the property at Pickmere Road.

Reserves Policy

It is the PCC policy to maintain a balance on the unrestricted funds, to ensure that there are sufficient funds to maintain the current level of non-discretionary expenditure for at least 2 months and to provide for future maintenance and development to the church and other property.

In January 2024 £11,600 was spent on upgrading the sound system and replacing the piano/keyboard.

There are several large projects, noted in the quinquennial review, which will need attention in the near future and will involve substantial cost. These include repairs to the church roof and chimney, refurbishment of the church window particularly in the West side and the replacement of the church heating system.

It is the policy of the PCC to invest funds with the CBF Church of England Deposit Fund.

Structure, governance and management

The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC is a Registered Charity.

The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.

The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent.

6 in person PCC meetings were held during the year.

In 2023, the PCC chose 2 specific aims to focus on growth. These were:

  1. Having restarted our Children’s work we sought to grow it during this year.

  2. To seek to integrate and welcome new people into church as effectively as possible.

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ST CHAD’S HANDFORTH PAROCHIAL CHURCH COUNCIL Annual Report for the Year ended 31 December 2023

Given its wide responsibilities the PCC has a number of sub-committees each dealing with a particular aspect of parish life. These committees, Mission, Worship & Pastoral, Resources and Children and Young People, are all responsible to the PCC and report back to it regularly with minutes of their decisions being received by the full PCC and discussed as necessary. During 2023 the Pastoral & Worship, Mission and Resources committees have met. Children and Youth discussions were handled by the full PCC.

Administrative information

St Chad’s Church is situated in Handforth Cheshire. It is part of the Diocese of Chester within the Church of England. The correspondence address is Wilmslow Road, Handforth, Wilmslow, Cheshire SK9 3ES.

The PCC is a charity registered with the Charity Commission (no 1149381).

PCC members at the end of the year

Chairman Rev’d Steve Burmester
Church Wardens Rob Moore Sue Sanders
Deanery Synod Avril Allen
Representatives
Members John Barnes Chris Birch Tracy Brown
David Gilbert Val Gilbert Pat Grange
Jim Lethbridge Rachel McDowell Sue Morrison
Richard Reeve Pam Whitney

Tracy Brown was appointed to the PCC at the APCM on 21 May 2023.

Dalene Moore and Sherman Tracy resigned from the PCC on 9 May 2023 and 12 September2023 respectively.

Approved by the PCC on 12 March 2024 and signed on their behalf by

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Rev’d Steve Burmester Chairman

4

ST CHAD’S HANDFORTH PAROCHIAL CHURCH COUNCIL STATEMENT OF FINANCIAL ACTIVITIES For the year ending 31 December 2023

Note
Income
Voluntary income
2a
Income from church activities
2b
Activities for generating funds
2c
Income from investments
2d
Total Income
Expenditure
Church activities
3
Fund raising costs
Total Expenditure
Net income/(expenditure) for the year
Gains on revaluation of property for the
charity’s own use
Net movement of funds
Balance brought forward 1 January 2023
Balance carried forward 31 December 2023
Unrestr’d
Funds
£
128,678
21,461
-
4,084
154,223
166,757
-
Restr’d
Funds
£
2,753
255
135
1,316
4,459
2,732
-
2,732
1,727
-
1,727
2,350
4,077
2023
Total
Funds
£
131,431
21,716
135
5,400
158,682
169,489
-
169,489
(10,807)
-
(10,807)

478,784
467,977
2022
Total
Funds
£
140,663
17,957
119
7,592
166,331
150,594
-
166,757 150,594
(12,534)
-
(12,534)
476,434
15,737
-
___
15,737
463,900

The notes on pages 7 to 13 form part of these financial statements.

5

ST CHAD’S HANDFORTH PAROCHIAL CHURCH COUNCIL BALANCE SHEET At 31 December 2023

Note
Fixed assets
Tangible fixed assets
5
Current Assets
Debtors
6
Investments
Cash at bank and in hand
Creditors falling due within one year
7
Net current assets
Net assets
Funds of the charity
Unrestricted
8/9
General
Revaluation
Restricted
8/9
Endowment
8/9
2023
£
342,533
4,259
85,384
38,351
127,994
(2,550)
125,444
467,977
183,900
280,000
4,077
-
467,977
2022
£
344,656
2,852
81,823
51,920
136,595
(2,467)
134,128
478,784
196,011
280,000
2,350
423
478,784

Approved by the Parochial Church Council on 12 March 2024 and signed on its behalf by:-

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Rev’d Steve Burmester (Chairman)

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Mr Chris Birch (Hon Treasurer)

The notes on pages 7 to 13 form part of these financial statements.

6

ST CHAD’S HANDFORTH PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2023

1 ACCOUNTING POLICIES

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006, together with the Charities SORP (FRS 102) and the Charities Act 2011.

The PCC meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value except for freehold land and buildings, which are shown at their valuation. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.

Going concern

After reviewing the forecasts and projections of the PCC trustees have a reasonable expectation that there are adequate funds to continue in operation for the foreseeable future and have therefore adopted the going concern basis in preparing the financial statements.

Funds

Restricted funds represent income from donations received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Unrestricted funds are general funds which can be used for PCC ordinary purposes.

Incoming recognition

Planned giving, collections and donations are recognised when received. Income tax recoverable on gift aid donations is recognised when the income to which it relates is recognised. Grants and legacies are accounted for when the PCC is notified of its legal entitlement to the amount due. Rental income from the letting of the church rooms is recognised when the rent is due. Dividends and interest are accounted for when receivable. All other income is recognised when it is receivable. All incoming resources are accounted for gross.

Tax reclaims on donations and gifts

Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

Expenditure recognition

Grants and donations are accounted for when paid over or awarded, if that creates a binding obligation on the PCC. The diocesan parish share is accounted for when due. All other expenditure is generally recognised when it is incurred and is accounted for gross.

Volunteers

The church benefits greatly from the involvement and support of its volunteers, details are given in the annual report. In accordance with SORP (FRS 102), the economic contribution of general volunteers is not recognised in the financial statements.

Fixed Assets

Consecrated and beneficed property is excluded from the accounts by s.10 of the Charities Act 2011. The PCC consider that the church halls, built on church property and integrated into the church buildings, have no separate commercial value.

7

ST CHAD’S HANDFORTH PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2023

Movable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church’s inventory, which can be inspected (at any reasonable time). No value is therefore attributed to this property. All expenditure incurred on consecrated or benefice property, church halls or moveable church furnishings, whether maintenance or improvement is written off in the Statement of Financial Activities. Other equipment used within the church premises is depreciated on a straight- line basis over 2 to 5 years. Individual items of equipment with a purchase price of £500 or less are written off when the asset is acquired.

Current asset investments

This is cash on deposit with a maturity date of less than one year.

2
INCOME
2a
Voluntary income
Planned Giving – gift aid
Planned Giving - other
Tax recoverable
Collections
Sundry donations
Legacy
Grants
2b Church activities
Magazines, books and printing
Church Rooms Lettings
Fees
Café Aroma and other Catering
Activities
Insurance claims and similar income
2c
Activities for generating funds
Quiz event
2d Income from investments
Rent
Interest and dividends
Total Income
Unrestr’d
Funds
£
57,762
22,620
17,039
1,416
17,341
12,500
-
128,678
423
10,292
5,062
4,915
-

769
21,461
-
-
4,084
4,084
154,223
Restricted
Funds
£
-
-
297
-
2,456
-
2,753
-
-
-
-
255
-
255
135
-
1,316
1,316
4,459
Total Funds
2023
£
2022
£
57,762
61,520
22,620
23,610
17,336
18,248
1,416
1,050
19,797
16,787
12,500
18,462
-
986
131,431
140,663
423
217
10,292
10,828
5,062
3,043
4,915
3,419
255
100
769
350
21,716
17,957
135
119
-
6,605
5,400
987
5,400
7,592
158,682
166,331
Total Funds
2023
£
2022
£
57,762
61,520
22,620
23,610
17,336
18,248
1,416
1,050
19,797
16,787
12,500
18,462
-
986
131,431
140,663
423
217
10,292
10,828
5,062
3,043
4,915
3,419
255
100
769
350
21,716
17,957
135
119
-
6,605
5,400
987
5,400
7,592
158,682
166,331
140,663
217
10,828
3,043
3,419
100
350
17,957
119
6,605
987
7,592
166,331

In 2022 £6,481 of voluntary income, and £179 of other income was for restricted funds.

8

ST CHAD’S HANDFORTH PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2023

3 EXPENDITURE

Charitable activities
The expenditure relates to one
activity promoting, the whole
mission of the Church, pastoral,
evangelistic, social and
ecumenical.
Grants
Missionary & charitable giving
Overseas mission
Home missions & church societies
Relief and development
Church activity
Ministry
Diocesan Parish Share
Clergy & Lay expenses
Clergy house expenses
Other ministry expenses
Church running expenses
Church maintenance
Youth and children’s work
Magazines, leaflets and books
Café Aroma running costs
Church hall maintenance
Property refurbishment
-
Curates house at
Pickmere Road
Depreciation
Church administration
Administrator
Printing, stationery, telephone etc
Total expenditure
Unrestr’d
Funds
£
8,000
13,850
6,099
27,949
71,757
1,753
7,014
2,786
21,007
16,618
-
452
2,975
125
-
2,123
125,988
8,568
3,630
12,198
166,757
Restricted
Funds
£
1,220
-
135
1,355
-
-
-
417
960
-
-
-
-
-
-
-
1,377
-
-
-
2,732
Total Funds
2023
2022
£
£
9,220
12,220
13,850
13,650
6,234
8,279
29,304
34,149
71,757
69,667
1,753
1,279
7,014
5,480
3,203
2,178
21,967
17,074
16,618
850
-
-
452
602
2,975
2,271
125
600
-
3,012
2,123
3,423
127,365
106,436
8,568
7,862
3,630
2,147
12,198
10,009
169,489
150,594
Total Funds
2023
2022
£
£
9,220
12,220
13,850
13,650
6,234
8,279
29,304
34,149
71,757
69,667
1,753
1,279
7,014
5,480
3,203
2,178
21,967
17,074
16,618
850
-
-
452
602
2,975
2,271
125
600
-
3,012
2,123
3,423
127,365
106,436
8,568
7,862
3,630
2,147
12,198
10,009
169,489
150,594
34,149
69,667
1,279
5,480
2,178
17,074
850
-
602
2,271
600
3,012
3,423
106,436
7,862
2,147
10,009
150,594

In 2022 £6,013 of grants and £2,420 of the church activity expenditure was made from restricted funds.

9

ST CHAD’S HANDFORTH PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2023

Grants analysis
Institutions
Website
Christians in Schools
www.cist.org.uk
Crosslinks
www.crosslinks.org
Open Doors
www.opendoorsuk.org
Barnabas Aid
www.barnabasaid.org
Tearfund
www.tearfund.org
Hope for Justice
www.hopeforjustice.org
True Freedom Trust
www.truefreedomtrust.org.uk
GFA World
www.gfauk.org
Hope Central
www.hopecentral.org.uk
Individuals
4
STAFF COSTS
Salaries, Social Security and
pension costs
2023
£
4,500
-
1,000
1,000
2,135
3,000
750
1,000
8,600
21,985
7,319
29,304
2023
£
12,318
2022
£
4,200
750
1,000
1,000
4,355
3,000
750
1,130
8,700
24,885
9,264
34,149
2022
£
10,651

Staff costs include the salaries of the Church administrator, Pat Grange £8,568 ( 2022 : £7,862) and Verger, Pam Whitney £823 ( 2022 : £1,773).

Both were members of PCC and their appointment was in accordance with the provisions of Clause 3A Parochial Church Councils (Powers) Measures 1956. .

5 FIXED ASSETS

Church Buildings and Vicarage

The Church Buildings and the Vicarage are consecrated / benefice properties and are excluded from these financial statements by s.10 of the Charities Act 2011.

The Diocese insures the Vicarage, but the Church Building, halls and their contents are insured by the PCC for the sum of £5,800,000.

10

ST CHAD’S HANDFORTH PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2023

Tangible fixed assets
Cost or valuation
At 1 Jan 2023
Additions
Disposals
At 31 Dec 2023
Depreciation
At 1 Jan 2023
Disposals
Charge for the year
At 31 Dec 2023
Net book value
At 31 Dec 2023
Freehold
land and
buildings
£
340,000
-
-
340,000
-
-
-
-
340,000
Equipment
£
48,586
-
-
48,586
43,930
-
2,123
46,053
2,533
Total
£
388,586
-
-
388,586
43,930
-
2,123
46,053
342,533

The freehold land and buildings consists of a curates house at Pickmere Road, Handforth, which was revalued in February 2021 by Jordan Fishwick at £340,000.

It is considered that the estimated residual value of the land and buildings is not lower than the above value and hence depreciation would be immaterial.

During the year £15,503 was spent on replacing the main beam in the West Gable of the church which was rotten in parts.

6 DEBTORS
Tax recoverable
Interest receivable
Prepayments
7 CREDITORS FALLING DUE
WITHIN ONE YEAR
Creditors for goods &
services
Other creditors
2023
£
1,493
1,170
1,596
4,259
2023
£
1,446
1,104
2,550
2022
£
1,251
-
1,602
2,852
2022
£
2,149
318
2,467

11

ST CHAD’S HANDFORTH PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2023

8 FUNDS

Analysis of movement in the funds

Current year
Unrestricted
General
Revaluation
Restricted
Endowment
Total
Prior year
Unrestricted
General
Revaluation
Restricted
Endowment
Total
At 1/1/23
£
196,011
280,000
2,350
423
478,784
At 1/1/22
£
178,501
280,000
4,123
423
463,047




Income
£
154,223
-
4,459
-
158,682
Income
£
159,671
-
6,660
-
166,331
Expenditure
£
166,757
-
2,732
-
169,489
Expenditure
£
142,161
-
8,433
-
150,594
Transfer
£
423
-
-
(423)
-
Transfer
£
-
-
-
-
-
At 31/12/23
£
183,900
280,000
4,077
-
467,977
At 31/12/22
£
196,011
280,000
2,350
423
478,784

The Restricted Funds at the year - end represent unspent donations for:

Food for events/ flowers
Replacement piano/keyboard
Vicar’s Discretion- Replacement sound system
Maintaining of the church grounds
2023
£
24
1,502
2,286
265
4,077
2022
£
155
-
1,221
974
2,350

The Endowment Funds were the Ashcroft Legacy of £200 and the Leyland Legacy of £223 and were wound up in the year, receiving accumulated dividend income of £1,221.

The PCC has designated £7,606 ( 2022 : £5,666 of general funds for the general development of the café, including kitchen and lounge.

The PCC has also designated £133,219 the net proceeds of the sale of the property at Blackden Walk in 2017 to be used for improvement of the Church and Church Hall buildings, and the property at Pickmere Road.

£13,000 was utilised on the refurbishment of the kitchen, £18,000 on the refurbishment of the lounge, £68,340 on the refurbishment of Pickmere Road and £15,503 on replacing the rotten West Gable main beam leaving £18,376 ( 2022: £33,879) to carry forward.

12

ST CHAD’S HANDFORTH PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2023

9 ANALYSIS OF NET ASSETS BY FUND

Current year
Fixed Assets
Current Assets
Creditors falling due < 1 year
Fund Balance
Prior year
Fixed Assets
Current Assets
Creditors falling due < 1 year
Fund Balance
Unrestr’d
Funds
£
342,533
123,917
(2,550)
463,900
Unrestr’d
Funds
£
344,656
133,812
(2,467)
476,011
Unrestr’d
Funds
£
342,533
123,917
(2,550)
463,900
Unrestr’d
Funds
£
344,656
133,812
(2,467)
476,011
Restricted
Funds
£
-
4,077
-
4,077
Restricted
Funds
£
-
2,350
-
2,350
Restricted
Funds
£
-
4,077
-
4,077
Restricted
Funds
£
-
2,350
-
2,350
Endowment
Funds

£
-
-
-
Endowment
Funds
£
423
-
423
Total
£
342,533
127,994
(2,550)
467,977
Total
£
344,656
136,585
(2,467)
476,011 2,350 478,784

10 RELATED PARTY TRANSACTIONS

Other than the remuneration of the two employees disclosed in note 4, there were no fees, remuneration or other expenses paid to Trustees.

Donations were received from some trustees or persons connected with the trustees, but none had any restrictions attached to them.

13

ST CHAD’S HANDFORTH PAROCHIAL CHURCH COUNCIL INDEPENDENT EXAMINER’S REPORT For the year ended 31 December 2023

I report to the Parochial Church Council (PCC) on my examination of the financial statements for the year ended 31 December 2023, set out on pages 5 to 13.

Responsibilities and basis of report

As PCC trustees, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

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

Independent examiner’s statement

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 respect of the PCC as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.

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

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Abigail Sheehan BA Hons CPFA

43 Hampson Crescent Handforth Wilmslow

12 March 2024

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