&Si Diocese of Liverpool Parochial Church Council of the Parish Church of St Thomas Lydiate and Downholland Church Lane Lydiate L314HL Annual Report and Financial Statements For the year ended 31st December 2023
Mission Statement To be a welcoming Christian Community to all people: So that everyone may know the love of Jesus Christ Registered Charity Number: 1149840 St Thomas, Lydiate PCC Administrative Information Incumbent (from 15 February 2023) Rev Dr Susan Salt BEM St Thomas. Vicarage Church Lane, Lydiate, L314HL Contact Telephone number 0151 526 2292. Independent Examiner Mrs Ruth Turpin 1,Queens Green Haskayne Lancashire L39 7JH Architect Rebecca J. Grimshaw Antony Grimshaw Ass 6,Bridgement Terrence Wigan Lancashire WN1 1SX Accounts General Account Restoration and Development Fund Savings Account Graveyard Fund Dawber Memorial Fund Banks Royal Bank of Scotland plc 41 Liverpool Road North Maghull Merseyside L312HE Men's Fellowship Lloyds TSB 213 Central Square Maghull Merseyside Investment Bond Nationwide Building Society Investment Bond Ann Huyton Charity Account National Savings Capital -COIF Charities Investment Fund Interest- Royal Bank of Scotland plc Glayzer Memorial Fund Haskayne School House Lydiate C.E. Old School The Central Board of Finance of The Church of England (Custodian Trustees: Upool Diocesan Board Finance
TRUSTEES, REPORT FOR THE YEAR ENDING 31" DECEMBER 2023 Membershi Members of the PCC are either ex-officio or elected at the Annual Parochial Church Meeting in accordance with the Church Representation Rules. During the year, the following were the ex officio members- Rector Associate Priest Associate Priest Rev Dr Susan Salt (from 1512123) Rev Glenys Gardner Rev Dr Alex Baker (Seconded to Maghull Team Ministry) Mr David Walker Reader Churchwardens Mr Alan Gardner Mrs Jean Cropper Deanery Synod Representatives: Mrs Debra Walker, Mrs Jean. Cropper Miss Carol Sibbring elected April 2023 The elected members: Vice Chair PCC Secretary Treasurer Parish safeguarding Officer Miss Eleri Jones Mrs Jean Cropper Mrs Vera Ainsworth Mrs Joan Rainford Mrs Joan Cook Mr David Walker Mrs Joanne Rowe Mrs Val Blakemore Miss Carol Sibbring Mrs Helen Gray Mrs Carly Maria Cleator Mrs Wendy Kelly All PCC members made aware of their legal responsibilities in relation to governance of the charity. Day to day management control of the Church is exercised by the standing committee (see subcommittees) Minor building inspection, Maintenan and repairs are carried out by Mr Alan Gardner, Mr Ken Flemming and Mr lan Anderson.
Structure Mana ement and Govemance The general functions of the PCC are stated within section 2 of the Parochial Church Councils (Powers) Measure 1956. When planning our objectives for the year, the PCC gave consideration to the Charity Commission's guidance on public benefit and, in particular, the specific guidance to charrties canrned with the advancement of 'religion'. Other Related Trusts Glayzer Memorial Funds - The Liverpool Di0san Board of Finan are Custodian Trustees. The method of appointment of PCC members is set out in the Church Representation Rules. All church members are on the Electoral Roll and stand for election to the PCC. The PCC operates subcommittees: The Standing Committee, Finance & Fabric Committee, Outreach Committee, Social Committee and Mission Committee. Membership of the Standing Committee comprises the following PCC Officers and one member ofthe PCC: Standing Committee: Incumbent Churchwardens PCC Secretary, PCC Treasurer Vice Chair of the PCC Other Sub Committees are chaired by the following people: Finance Mrs Vera Ainsworth Outreach: No longer active Social.. Mrs V Blakemore Graveyard working party Mrs Anne Holt Ob"ectives and Activities 'The PCC (Powers) measure 1956 states the PCC 'is to co-operate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social, and ecumenical" St Thomas, Church mission statement is: "proclaiming the good news of Jesus Christ by witness and example to the whole community of Lydiate and Downholland..
In order to do this our objectives for 2023 included: Recruit and work with newly appointed incumbent Working towards being a generous hospitable and welcoming Pla to all who wish to learn about Jesus Continuing to explore shared governance and mutual support with St Cuthbert's • and the wider deanery. To explore the Di0san proposal around pastoral reorganisation of parishes called 'Fit for Mission" Pay our parish share and promote the Parish Giving Scheme as an efficient way of planned giving to the mission of the parish. To build on and sustain our excellent relationships with our schools. Achievements & Performance All of the stated objectives have been at the heart of activity in 2023, as outlined in this report and the report of the parishioners. The Electoral Roll Ststement There was a total of 146 on the electoral roll of which 83 (58 % ) were Resident and 62 (420/0) Non-resident Worshi A regular pattern of worship is Sunday 8.00am Holy Communion Book of Common Prayer Sunday 11.00am First and third Sundays Common Worship Eucharist Sunday 11.00am Second Sunday Church Parade during term time Sunday 11.00am Fourth Sunday All Age Worship Tuesday 9.15am weekly said Moming Prayer started in September 2023 Wednesday 11.00am weekly said mid-week Eucharist in May 2023 The congregation has gradually increased but is still not back to pre-pandemic levels. Several members have received home communion as they are unable to come to church. Revd Glenys Gardener continued to officiate at most of the services, assisted by Reader David Walker until the linsIng of the new Incumbent Rev Dr Susan Salt in February 2023. The parish are very grateful for all the work both she and David did during the vacancy. Occasional Offices during 2023" Baptisms 33 Weddings Funerals Confirmation 19 and 24 intemments of cremated remains 30 children and 3 adults
Pastoral Care and Service to Our Communi The PCC takes its pastoral responsibility of our two Church Schools seriously, St. Thomas Lydiate, an Academy, within the DI0Se of Liverpool, and DownhollandlHaskayne school, a Voluntary Aided school within Lancashire County Council. Fortnightly assemblies and half termly school Eucharist were held in both Schools from March onwards and was a valuable point of pastoral contact for children, parents, staff, governors, and friends of the school. Home communion was taken out to a total of 8 different individuals on an approximate 6 weekly basis. The setting of a warm space at the end of November, funded by a grant from Sefton Council, enabled further contact with vulnerable members of the community. Youth and Children's Work We have a full complement of PCC Foundation School Governors supporting the work of our schools and fulfilling their role as critical friends to those communities. These Governors continue to give of their time and talents tirelessly for which we are incredibly thankful. The role of our 'Church School Links, Governor for both of our schools plays an important role in continuing to provide essential communication and pastoral opportunities for church and school. Guiding and Scouting is flourishing in Lydiate with very active and large Units. The Organisations are looking forward to 2023 when they can continue their excellent work and grow and move forward. The On a month Church parade service was reviewed in conjunction with Scouters and Guiders and continued to be well supported by all units during term time. Plans were put in place late in 2023 to launch a Parent and Toddler group in 2024 to run in the Millennium Centre on a weekly basis during term time. Church Buildin Main fabric of the building The South Wall of the main church building and Tower need urgent repair. In the last year the Tower has been re- pointed which has reduced water ingress, but now needs to be replastered and painted. The South Wall particularly around the windows needs pointing and then replastered and painted. This has yet to be done but due to cost but will need to be addressed in the coming year. General repairs and rna1ntenan continue to be carried out throughout the year. There appear to be no further major problems than those reported.
Organ The organ has been unplayable for some time. Part of the issue has been that mice have managed to get into church and have eaten some of the leather stops. We were unable to claim for this against insurance, so had to fund the repair through a fundraising campaign. Henry Willis, Organ builders, did an initial repair and the organ was played for the Midnight Christmas Service. The next phase of the repair will take place in early January 2024. Graveyard and Churchyard The Graveyard and Churchyard caused problems in the early part of the year as we had difficulty with finding a gardener prepared to regularly cut the grass. This led to multiple complaints from individuals visiting graves. A graveyard committee was formed, and they have done a wonderful job keeping areas tidy. They have organised working parties on Saturday mornings which have helped to address many of the maintenance issues. They will continue to do this in the coming year and have positive ideas on how to make the areas more attractive. The Church owes a great debt to these volunteers. If anyone wishes to join this group, please speak to one of the churchwardens. There continues to be a significant problem in the graveyard with flooding and this has caused great distress including the cancellation of one burial. We have had a specialist engineer to look at the problems with the drains and Sefton Council have been informed of the situation. This remains an ongoing issue. The church car park The car park was also out of action due to flooding. The car park is in a poor condition and this is being looked at to see how we can improve the surfa. The Millennium Centre The Millennium Centre has escaped flooding thanks to having sandbags in place, With a grant from Ormskirk Deanery and some additional donations, two new cookers have been purchased and installed in the kitchen. There are no immediate major repairs imminent for the Centre but a careful watch will continue regarding flooding and the damp penetration.
Finance Givin and Fundraisin The past year saw an increase to our Parish Share contribution of £2,737.00 from £54,016.00 in 2022, to £56,753.00 in 2023. The cost of church utilities was up by £934.00. The church insurance increased by £350.00, and the Millennium Centre increased by £73.00 on 2022 costs. The Church's insurance runs from April to March and the Millennium Centre's insurance runs from July to June Regular tax efficient planned giving to the General Fund was down on 2022 by £2,730.00,, but other regular planned giving, (PGS) was up by £3,995.00. One-off Gift Aid was down on 2022 by £480.00. Loose Plate Collections were up by £870.00. Occasional services and one-off donations were up slightly by £396.00. The PCC received £4,262.60 from St. Cuthbert's Halsall towards the working share of the United Benefi. The PCC received a final donation of £500.00 from the estate of the late Mrs Joan Hurst, Four Grants were received over the year totalling £4,750.00, three towards heating and, one for "Warm Spaces" from Sefton Council, to provide warm food, hot drinks etc; and a warm space for people. Fundraising commenced for the repair of the organ into the Restoration and Development Account., a total of £10,927.00 raised plus £21.92 interest. The initial repair commenced in December, costing £1,379.62, at the closing of the Year the remaining total was £9,683.21. Performance of Investments The bank interest rates still show increases on 2022. Our bank Savings Accounts {General Account £28.40 to £116.06, and Restoration and Development Account from £0.19 to £21.92) . The Ann Huyton Charity Account saw a decrease of £9.98. The capital is held by COIF Charities Fund and interest is paid into General Fund. This Account has been recorded within the Endowment Funds (page 19 item 13) and interest on the capital recorded in page 15. The Glayzer Memorial Fund decreased by £4.73, fortunately Haskayne School House and St Thomas (old) School saw a massive increase of £1,208.28 on 2022., these accounts are invested in a bank deposit fund with the Church Board of Finance (CBF). The PCC has two Savings Bonds: £2,000.00 National Savings and £30,000.00 in 125 day notice Business Savings Account with Nationwide, worth £31,409.42.
Financial Review Our main source of income was from the Parish Giving Scheme (PGS) of £16,204.70 up by £3,994.90 on 2022. Some Church members are still contributing their giving by Standing Order to the church Bank Account, ffax Efficient Planned Giving) which totalled £6,030.00. One-off Gift Aid was £450.00, down by £480.00. Tax received on PGS income was £3,672.42. There is still some tax to come from Standing Orders. 100 0/0 Gift Aid is received monthly from PGS. Gift Aid on Standing Orders is recovered by the DI0Se on our behalf on the previous yearfs donation and a 50/0 handling charge is made. The total income into General Funds was £83.468.97, with expenses of £90,153.35. At the end of the year the PCC once again had to record a shortfall within their General Funds an excess of £6,684.38 expenses over income. The PCC notes that once again our monthly income into General Fund did not cover expenses. When the year closed across all the accounts with the General Funds closed with £77,565.05, the Designated Funds closed £333.32 and £9,683.21 in the Restricted Fund. The actual income into General Fund without that of the Graveyard was £64.015.79 with expenditure of £84.262.35, giving an excess of expenditure over income of £20,246.56. Income paid directly into the Graveyard Fund during 2023 was £19,453.18 with expenses of £5,891 fortunately resulting in an income over expenses of £13.562.18. The PCC has had to use income from this fund to top up the Church building and Millennium Centre running costs. The total overa15 closing balance for the year end was £87,581.58. It is extremely important that attention should be drawn to the need for regular planned giving as the PCC needs to balance income and expenditure. The PCC will need to continue to monitor closely its regular monthly outgoings of between £6,000.00 and £7,000.00 for the upkeep of its 2 buildings as well as its Parish Share payment. The PCC also collects and banks the statutory DBF Income from Weddings, Funerals and Burials. This fee (Post Box Income) is collected on behalf of the Diocese, the total for the year was, £3,513.00" this amount is not recorded in the financial statement.
What are the Church's Reserves? The PCC considers that the Reserves available to the PCC are those assets which are either cash or assets which can be realised for cash if the need arises. The balan sheet on page 19 shows the assets of the church totalling £335,464.00, but from this figure must be deducted the amount of the fixed assets of £247,883.00, this is represented mainly by the current value of the Millennium Centre and the endowment funds which were acquired by the church for specific purposes, by those who gave them to the church. The total amount available to the PCC for expenditure at the year*nd is £87,582.00 either in cash or investments and other assets which can be realised for cash if the need arises. Pur ose of Reserves The main purposes are to provide a cushion in the finances of the church against a shortage of income in any year or to meet any sudden and unexpected expenditure such as major repairs not covered by insurance. Reserves are not usually for major building works or large repairs. When necessary, finance is raised by one-off fundraising from the congregation and other sources. Amount of Reserves The PCC should always consider what it may need as a safe cushion for the financial position of the church in the future. Over the last few years, the aim was to accumulate reserves of approximately £135,000. This figure was arrived at by considering the expected increases in expenditure but unfortunately has never been achieved since 2018. The monthly income during 2023 still provides major concerns for the PCC with a reduction of £6,684.00 to the General Account. io
Plans for the Future The PCC is aware that there is much to do to recover ground lost during the prolonged vacancy and as a result of the global pandemic. Whilst we have achieved a lot the lack of financial sustainability remains a concern. To this end, we intend: To aim for financial stability through prornoting the Parish Giving Scheme as well as using fundraising opportunities as missional. To build on the reinstated midweek communion and grow the number of people worshipping with us regularly at all three services. To deepen discipleship opportunities through the development of a bible study group and confirmation classes. To reach out to the new houses being built through a parish based welcome pack and exploring the possibility of a new worshipping community in the school. To address the issues around the organ and worship To explore the process of 'fit for mission, alongside other parishes in the deanery who have voted to join the 'as if prOss. Approved by the Parochial Church Council on the 19th of May 2024 and signed on its behalf by: Susan Salt Incumbent and Chair PCC Jean Cro per P.C.C. Secretary Elerl Jones Vice Chalr of PCC
FINACIAL STATEMENT 2023 FOR THE YEAR ENDING 31st DECEMBER 2023 INCOMING RESOURCES General Funds Designated Funds Restrlcted Fund TOTAL 2023 FUNDS 2022 Noti Incoming resources from don(2lal £ 39.334.33 £ Other voluntary Income resou 2{bl £ 5.250.00 £ lnc.from operaltng activities lo fLJrther the Council's objec 2{cl £ 27,489.00 £ lo generate funds 2{dl £ 5.257.65 £ Income Investments 2{el £ 1,875.39 £ Other incoming resources 2{ fj £ 4,262.60 £ Total Incomlng Resources £ 83.468.97 £ 39,334.33 £ 5.250.00 £ 41.312.99 18.635.49 27,489.00 £ 16,184.65 £ 1,897.31 £ 4,262.60 £ 94.417.89 £ 18,919.33 2,260.00 583.58 3.706.14 85.417.53 10.927.00 £ 21.92 £ 10.948.92 £ RESOURCES USED Costs of generating funds Grants Activities directly to the work ol thechufch 3(cl £ 89,278.35 £ Management and administrab"Dn of the Council 3{dl £ Total Resources Expended £ 90.153.35 £ 31al £ 31bl £ 82.00 25.00 £ 1,379.62 £ 90,682.97 £ 75,114.16 875.00 £ 875.00 £ 91,557.97 £ 528.74 25.00 £ 1.379.62 £ 75,724.90 Total Incoming Resources Total Resources Used £ 83,468.97 £ £ 90,153.3S £ £ 10,948.92 £ 94,417.89 £ 25.00 £ 1,379.62 £ 91,557.97 £ {+) i+) (+) 25.00 £ 9.569.30 £ 2,859.92 £ 85,417.53 75,724.90 Net In¢omingl(Outgoing) Resources £ 6,684.38 £ 9.692.63 Transfers Belween Funds 12 £ {+) 25.110 £ i+) 9,569.30 £ {+) Total After Transfers 6,684.38 £ 2.859.92 £ 9,692.63 Gains and Lossès on Investments {+) 25.00 £ i+) 9,569.30 £ Net Movement in Fund5 Balances B. l Forward 9,692.44 £ 2.859.92 £ 9,692.63 1st January 2023 At Bank Investrnent Assets £ 51,561.30 £ £ 32,000.00 £ £ 83,561.30 £ 358.32 £ 113.91 £ 52.033.53 £ £ 32,000.00 £ £ 84.033.53 £ 42,340.90 32,000.00 74,340.90 Total Balances Carried Forward 31st January 20223 At Bank Investment Assets 358.32 £ 45.565.05 £ £ 32,000.00 £ £ 77,565.05 £ 333.32 £ 9,683.21 £ 55,581.58 £ £ 32.000.00 £ 333.32 £ 9.683.21 £ 87,581.58 £ 52,033.53 32,000.00 84,033.53 Total 12
PAROCHIAL CHURCH COUNCIL OF ST. THOMAS LYDIATE & DOWNHOLLAND BALANCE SHEET AT 31st DECEMBER 2023 Note 2023 2022 Fixed Assets Tangible fixed assets Investment assets 5(a} 51b) £ 247,883.00 32.000.00 £ 279.883.00 247.998.00 32.000.00 279,998.00 Current Assets Short Te Deposits Cash at Bank and in Hand 87 582.00 83 920.00 83.920.00 87,582.lYJ Liabllltles Net Current Assets 87.582.00 83,920.00 Net Assets £ 335A64.00 332,032.00 Funds Unrestricted Restricted Endowments £ 272.395.00 9,683.00 53.386.00 278.417.00 114.00 53,501.00 £ 335,464.00 332,032.00 Approved by the Paro¢hlal ChurGh Council on the 21st April 2024 and slgned on Its behalf by . Eleri Jon Chairperson em er The notes on pages......13.. ..to......20......fomi part of these accounts
Notes to the financial staternents For the year ended 31°, December 2023 1. ACCOUNTING POLICIES The financial statements of the PCC have been prepared in accordan with the Church Accounting Regulations 2006 together with applicable accounting standards and the Charities SORP 2015. The financial statements have been prepared under the historical cost convention expt for the valuation of investment assets, which are shown at market value. Funds General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purpose of the PCC. Funds Designated for a particular purpose by the PCC are also unrestricted. Restricted Fund called the Restoration and Development, set up for the purpose of restoring the Church and the development initially of the Millennium Centre and any ongoing for major repairs to the Church or the Millennium Centre. Endowment Funds. where the capital must be retained, are explained on page 19 note 13. The accounts 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 or those that are informal gatherings of church members. Incoming resources Voluntary income and capital sources Collections are renised when reiVed by or on behalf of the PCC. Planned giving receivable under Gfft Aid is recognised only when received. Income tax recoverable on Gift Aid donations is recognised when the income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate reIpt by the PCC is reasonably certain. Funds raised during the year included Grand Draws. various events by Mission and Aid for charitable giving and other similar events., they are accounted for gross. Sales of books and magazines from the church bookstall are accounted for gross. Other Income Rental income from the letting of church premises is recognised when the rental is due. Income from investments Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognised in the same accounting year. 14
Gains and losses on investments Realised gains or los*s are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investments at 315t December. Resources used Grants Grants and donations are accounted for when paKJ over, or when awarded, rf that award creates a binding obligation on the PCC. Activities directly relating to the work of the Church The diocesan parish share is accounted for when paid at the stsrt of each month. Fixed assets Consecrated property and movable church furnishings Consecrated and beneficed property of any kind is excluded from the financial statements by s.96(2)(a) of the Charities Act 1993. Movable church furnishings held by the Rector and Churchwardens on special trust forthe PCC. and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the Church's Inventory. which can be inspected at a pre-arranged time with a Churchwarden. For inalienable property acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1st January 2000 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life initially over 4years on a straighl-line basis. All expenditure incurred in the year on consecrated or beneficed buildings, individual items under £1,000 or on the repair of movable church furnishings acquired before 1st January 2004 is written off. Other fixtures, fittings and office equipment Equipment used within the church premises is depreciated on a straight-line basis over 4 years. Individual items of equipment with a purchase price of £1.000 or less are written off when the asset is acquired. Investments Investments are valued at market value at the 31st December. Current assets Amounts owing to the PCC at the 3151 December in respect of fees. rents or olher income are shown as debtors less provision for amounts that may prove uncollectable. Short-term deposits include cash held on deposit either wtth the CBF Church of England Funds or at the bank and Building Society. 15
2 INCOMING RESOURCES General Funds Designated Funds Restricted TOTAL FUNDS 2023 Fund 2022 Not, Incoming resources from dc 2{al Regular Planned Glvlng:_ Tax Efficient Planned Giving 1 £ 6.030.00 £ All tax recovered 6 £ 3,672.42 £ other planned giving 310.00 £ Loose Plate Collections 3 £ 6.555.00 £ Occasional Giving:" Charities Aid GADS-Coins (at bank) One Off Gift Ald Donations Occasional Services Parish Giving Scheme 6,030.00 £ 3.672.42 £ 310.00 £ 6,555.00 £ 8,760.00 8,579.19 280.00 7.617.00 382.00 5 £ 3.011.21 £ 3a £ 450 00 5 £ 1,376.00 5 £ 1,725.00 4 £ 16,204.70 £ £ 39.334.33 £ 3.011.21 £ 450.00 £ 1,376.00 £ 1,725.00 £ 16.204.70 £ 39,334.33 £ 930.00 2,555.00 12.209.80 41.312.99 Other voluntary Income res(2{b} Grants {4} 8 £ 4.750.00 £ Legacies SDO.00 £ 5.250.00 £ 4,750.00 £ 500.00 £ 5 250.00 £ 1,000.00 17.635.49 18.635.49 lnc.from oper activities:. 21cl to further the PCC objects 12 Magazine Sales 12 £ Bookstall IFlower5 11 £ 230.00 £ Churchyard l Graveyard 11 £ 7.970.00 £ Fees-GTaveyard Account 11 £ 19.289.00 £ £ 27.489.00 £ 230.00 £ 7,970.00 £ 19,289.00 £ 27.489.00 £ 10,288.33 8.631.00 18.919.33 Income from operating actlN 2ld) to generate funds Magazine AdVe"sing Hall Rental Fund Raising-lat bank) Fund Raising RaffleslDraws BAC Payments - Excess at Bank 12 £ 12 £ 2,749.00 £ 8a £ 1,790.00 £ 8a £ 560.00 £ 2.749.00 £ 12.717.00 £ 560.00 £ 2.260.00 10.927.00 £ 12 £ 12 158.65 £ 158.65 £ 5.257.65 £ 10.927.00 £ 16.184.65 £ 2.260.00 Income from Investments 21el Dividends & Interest {at bank) 10 £ 116.C6 £ Trust Income- Glayzer 10 £ 72.47 £ -C.B.F. 10 £ 1,463.13 £ Ann Huyton Chanty Account 10 £ 59.55 £ Graveyard Account 10 £ 164.18 £ 1.875.39 £ 21.92 £ 137.98 £ 72.47 £ 1,463.13 £ 59.55 £ 164.18 £ 1897.31 £ 28.40 77.20 254.85 69.53 153.60 583.58 21.92 £ 16
Statement of Financial Acltvilies 2023 Icont'd.) General Funds Designated Funds Restricted Fund TOTAL FUNDS 2023 2022 Other incoming resources 21 fj Walsingham Pilgrimage's 12 £ Return of VAT- Boiler 13 £ Insurance Claim-church Carp 13 £ 500/0 readers Fee-st Cutbbert< 12 £ Sl Culhbert -working share 13 £ 4.262.60 £ 4.262.60 £ 12.50 3,693.64 3,706.14 4.262.60 £ 4.262.60 £ Total Incomlng Resources £ 83N68.97 £ 10,948.92 £ 94,417.89 £ 85,417.53 3 RESOURCES EXPENDED Costs of generating funds 3la) Gross costs of Fund Raising 17 £ Grants UAREUK World Vision 82.00 31b) 18 £ 18 £ 18 £ 18 £ Children's Society Tools of Self Relian A¢tivitie$ dir¢¢tly to tho work of the church 31¢) 19 £ 56,752.80 £ 21 £ 21 £ 225.00 £ 21 £ 105.00 £ 21 £ 50.00 £ 21 £ 2.328.83 £ 21 £ 21 £ 3.229.16 £ 21 £ 1,265.41 £ Parish Share 50YD Funeral Fees- Clergy Vicars Expenses Assistant Priest Readers Association Council Tax I Water Ormskirk Deanery Rector's Secretary's Salary Benifice Office Expenses Church Running Expenses 56.752.80 £ 54,015.59 1.059.40 740.00 90.00 25.00 1,316.60 225.00 £ 105.00 £ 50.00 £ 2.328.83 £ 3.229.16 £ 1.265.41 £ 2.964.00 14.64 24 £ 3.126.20 £ Insurance 23c £ 4.604.40 £ Various Repairs. 23b £ 5,422.82 £ Organ Repairs 27 £ Upkeep of Services. 232 £ Car Park 23a £ Music,RSCM,Copyright,Requ 23a £ Churchyard 23a £ 5,891.00 £ Mon MassonlGarden Remem 23a £ 4 new luse boards- Church 23b £ 3,126.20 £ 4.604.40 £ 5,422.82 £ 1.379.62 £ 509.38 £ 100.00 £ 2,192.44 4,254.28 84.00 1,379.62 £ 509.38 £ 100_00 £ 573.67 100.00 175.20 2.700.00 298.00 5,891.00 £ 17
Statement of Financial Activities 2023 Icont'd.) General Funds Designated Funds Restricted Fund TOTAL Funds Costs Related to Trading Parish Magazine & Bookstall Flowe 25 £ Weekly New55heets 25 £ Sl Gulhbert's overpaid C. Tax 17 £ Afternoon Club & Socials 17 £ Incomplete Che & bank ch 17 £ Office - Recorded DelNery 17 £ Rectors Leaving Gift 17 Chur¢h Hall Ulililies 25 £ 2.723.45 £ lean MalefialSMall Repairs 25 £ 31.13 £ Cleanerfs Wages 25 £ 571.47 £ Insurance 25 £ 1,191.90 £ Maintenance elc. 25 £ 340.40 £ lepair5 eleclfirelburgl alarms . 25 £ Support and Training Costs Honoraria-oiganisl Ichoir Sunday Sch.IConfirmab"on Day Schools Visiting Organists 11.00 2.723.45 £ 56.13 £ 571.47 £ 1,191.90 £ 340.40 £ 2,065.21 3.36 646.00 1,118.77 120.00 25.00 £ 20 £ 22 £ 810.00 £ 810.00 £ 22 20 547.00 75,114.16 £ 89.278.35 £ 25.00 £ 89,303.35 £ Management and administration of the Council 3{d) Equipment Maintenance 23a Postage,Secretary,Stationery, 23a £ Printing Expenses 23a New Printer (Unit Benefice 23a 875.00 £ 875.00 £ 528.74 875.00 £ 875.00 £ 528.74 Total Resources Used £ 90,153.35 £ 25.00 £ 1.379.62 £ 91,557.97 £ 75.724.90 2023 2022 4 Staff Costs Honoraria & visiting organists Secretary's Salary Wages 810.00 £ 3.229.16 £ 571.47 £ 547.00 2.964.00 646.00 4.610.63 £ 4.157.00 During 2023 the Church did not have a full time organist .A secretary. a gardener and a Gleaner (all part time). Payments were not large enough to incur social security costs. Visiting organists were paid £810.00 Mrs S. Albertina the United Benefi Secretary received £3.229.16 The Millennium Centre cleaner Mrs S. Bradbury received £571.47. Adam Scanlon Gardening Services received £1.275.00 for Graveyard maintenance. 18
Stslemenl of Financial Activ¢ties 2023 {cont'd.) 5 Fixed Assets for use by The PCC Freehold Land & Bubldings Fixtures and Fittings Total Tangible Fixed Assets 51a} Gr05s eotsk Value At 1 st January 2023 Additions £ 194,496.97 £ 194,496.97 At 31st December 2023 £ 194.496.97 £ 194,496.97 Depreciation At 1st January 2023 Charge for the Year Depreei8tion on Disposals At 31st Dember 2023 Nel Book Value At 31 st December 2023 £ 194,496.97 £ 194.4%.97 £ 194.496.97 £ 194A96.97 Investments S(bl 2023 2022 Long Temi Investmenl-N3lionwide Graveyard Savings Account- Closed National Savings Bond 30,000.1)O 30.000.00 2,000.00 32.000.00 2.000.00 32,000.00 6 Analysis ol Net Assets by Fund Unrestricted Funds £ 194.496.97 £ 77.898.37 £ Restricted Funds Endowment Funds 53,385.60 £ Total 247,882.57 87.581.58 Fixed A55etS Current Assets Current Liabilities 9,683.21 £ Fund Balance £ 272.395.34 £ 9.683.21 £ 53.385.60 £ 335.464.15 7 Debtors B Liabilities 9 Fund Details Received from Sl. Cuthbert's Halsall each nN)nth a shared payment towards council tax. water rates and Beneffice office. The restricted fvnd ¢omprises of the Restoration and Development Fund which is for the ongoing restoring of the Church and its fabric. 19
Statemenl of Financial Activities 2023 Icont'd.) 10 Unrestricted Funds The closing balance of Unrestn'cled Funds comprise of the following'.- 2023 2022 General Fund Designated Funds:. Men's Fellowship Juniorlsenior Youth Fwlb>uild 77,565.05 £ 83,561.30 249.53 £ 274.53 61.72 £ 61.72 Sunday Schcol 22.07 £ 22.07 77.898.37 £ 83.919.62 11 Restrlcted Funds 2023 2022 The closing balan of Restricted Funds comprise the folbwing.'_ Resloralion and Development 9.683.21 £ 113.91 12 Transfers Between Funds 13 Endowment Funds- Capital:. The interest from these funds are paid into the General Fund"_Item 2{e) Trust No. Original cost Glayzer CBF Inv.F.122001381S 717-002 1.360.00 Glayzer CBF Inv.F 122001088F 717-002 340.00 Total Holding Market Value:-31.12.23. 112.43 £ 2.541.51 205.94 £ 298.10 1.700.00 2.839.61 Ann Huyton Charity Account 059920001T Sale of Haskayne School House 717-001 Sale of Lydiale C.E. School 717-000 Dawber Memorial 1.275.67 30.226.16 £ 8.027.67 £ 38.080.00 £ 103.00 £ 30.226.16 £ 8.027.67 £ 10.422.78 £ 1.869.38 30,226.16 8.027.67 10.422.78 79.309.50 53,385.60 'Dawber Memorlal. The portfolio has been in operallon since 197& The above surn is still invested in a savings accounl unlil an endowment fund can be arranged with CBF Investments and Liverpool Dioeesan Board of Finance become the Custodian Truslees. AN interesl to still bè paid into General Funds for church use as stipulated in the will of Mr Dawber. Ann Huyton Charity. Sel up in the earty 19IXI's. Capilal with COIF Charities Fund" interest paid into HSBC who losed the Account in 2017,. monies were transferred to the General Fund in February 2018. 20
These notes form the infomalion in the Designated Fund column INCOMING RESOURCES Noti Men's 2(a} Fellowshlp Incomlng resourcgs from donors Donations Sunday School Juniorlsenior Footb311 Group 2023 Group 2022 Income from operatlng activities:_ to generate funds 21d RaffleslDr8Ws¢k Shop Social ActNities Subscriptsons Incorne from Inv¢stments 2(el Dividends & interest Totsl Incomlng Resources RESOURCES USED Costs of generating funds 3(a) Gr05s costs of Fund Raising Grants SecLtiar & Local Good Causes 3{b} Activities directty to the work of the church 3lc) Stationery.RefreshlBooks Donations I Speakers Holidays & Tripsl Social Activities £ Room Hire l Overheads Games Equiprnent l Demo Items 25.00 £ 25.00 £ 25.00 £ 25.00 £ Transfer of Funds Total Resources Used 25.00 £ 2s.00 £ Net Incomingl(Outgoin9) Resources Balances BIFwd. 01.01.203 (+) (+) 22.07 £ 61.72 £ 83.79 £ 358.32 Balances CIFwd 31.12.2023 249.53 £ 22.07 £ 61.72 £ 333.32 £ 358.32 21
Independent Examiner's Report Report to the Parochial Church Council (PCC) of St Thomas L diate & Downholl on the accounts for the year ended December 2023, as set out on pages 11 20 of your Annual Report. Respective respon5ibilitles of Trustees and Examiner The PCC are responsible for the preparation of the accounts. They consider that an audit is not required for thls year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examlnation is needed. It is my responsibility to: examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commlssion (under section 145(5)(b) of the Charltles Act), and to state whether particular matters have come to my attentlon. Basis of independent examiner's ststement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a VIeW of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also Includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the PCC concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion Is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the ststement below. Independent examlner's statement In connection with my examination, no matter has come to my attention: l) which gives me reasonable cause to believe that in, any material respect, the requirements: to keep accounting records in accordance with section 130 of the Charities Act; to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Art have not been rnet. or 2) to which, in my opinlon, attention Should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Date: IE'S Name: Address: rs Ruth Tur In. ns reen Haska