Parish of the Hanmich Peninsula Registered Charity No.1152910 Annual Report and Financial Statements ofthe Parochial Church Council For the year ended 31st December 2023 Incumbent: Revd Canon Margaret Shaw The Rectory 51 Highfield Avenue Dovercourt HaTrYich C012 4DR Bankers: Barclays Bank PIC TSB Bank PIC Central Board of Finance of the Church of England CAF Bank Ltd Independent Examiner: Ms Louise Harknett Membership 20020545 AATQB 45 Newcastle Avenue Colchester Essex C03 9XE
The Pith of the HTwich PeBinsal Annual Report of the PaTh11 Church Council for the For the year ended 3 1st December 2023 Admimi$trtiv¢ Informatio The Parish of Hanwich Peninsul& coveT5 DovercourL Harwi¢lK Little Oakley. Parkeston and Ramw. It is pth of the Diocese of Chelmsford within Chyrch of England. The COTreswndence address is the Rectory, 51 Highfield Avenue, Dovert(Mw¢ Harwi¢lJ. E55¢x C012 3DR. The PCC is a registered Charity. PCC rnembers WI have served from l January 2022 Until the date of this report aproved: Team Rector Team Vtcar Associate Priest Assistant Curdle Reverend Canon Margaret Sha R¢v Kirsty Emmersort Rev Claire Scargill To June 2023 (Resi¥med) LLM LLM LLM Wardens.. Dr John Shaw Mr John Wallace Mrs Sioux Thorpe Mrs MarylyÈm Mayo Joan Hwst Mrs Elrzabeth Ford Mrs Dawn Wallace Mrs Janet G(x)dall Acting Chair (Juty 2023) All Saints All Saints St Michaels St Michaels (from May 2019) St Nicholas Vxant epresen Ives ort Mrcknst her Wallace Enid Godfrey Liz McClecMI St Michaef5 Si Nicholas. Parish Administrator Elected Members Ms Sarah Abbott Mrs Maureen TownseThl Vacancy Ms JaTJet Th(Trmas Ms Dian¢ Buil¢r Mrs Cbristine Smith Mr t)ouglLS CoopeT All Saints All Saints (fr(ffti May 2019} Si Michaels Si Michael's (from May 2020) St Nicholas, St Nichojas. Parish Tre&wrer Teasurers: Dr John Sh8w Mr Dougl&s CIK)per Mr Jokn Wal]ace Dr John Shaw St Nicholas. All Saints St Michael's PCC Resources Govern$ee Mn*gement The method of appoinlment of PCC members is set in the Church Reres¢ntatoion Ruk5. All Church attendees are encowgged to register on the Electoral Roll and sland for election to the PCC. The full PCC met 4 times during the year with art averdge level of attendenc¢ of 60 per ceni. CommÉtte¢$ met between meetings #nd minutes of their delibeyations were rteeived by the full PCC and discuss¢d where necessary.
Objectives and •¢tivities The Hanvich Peninsula PCC has the responsil)ility of co-operdting with the in¢umknl in promoting the ecclesiastical parish the whole mission of the Churc14 pastoraL evangelical social and ecuminical. It also has rnaintenance responsibilities for the Churches in the Parish - All Saints, Main Road, Dovercourt. St Michaels and All Angels, Church Hill, Ramsey. St Nicholas. Church Street, Harwich As required under section 17 of the Cljarities Act 2011. the incumbent and the mem1rS of the PCC have considered the public tenefft guidance published by the Charity Commission. The PCC maintains an overview of worship and other activities a1 Rnitiatives Caled out by the churches and church organi8ations that make up the ParislL for the benefit of the whole community. Some of the activities undertaken during the year are detailed loW under reW of the year. Aehievements and perforniance Review of th¢ year: Chair's Report
Independent Examlnern Reportto the TnMtee8 of Harwlch and PaestOn PCC I re1 to the Charty trustees on my examination of the accounts of HaThMch Parkeston PCC Charity for the year ended 31 t)ecember 21Y23, 471¢h are set out in p4e$ 6 to 12 Respon8lbllltle8 and ba818 of r0POrt As the charivs trustees you are resFonsitAe for the weparatbon of the ac£x)unts in 1rdance Ih the requirements of the Charities Act 2011 {'Ihe ACY.) I rewrt in respect of my examinaionof the eharTWs wunts carried Ixrt under sertion 145 of the Act and in carryirvJ cArt my examination I have follo1j all the applicable Difections given ty the Charity Commision undw Section 145(5)Ib) of the w Independent examin•ts'$ slatemfjnl I have completed my examinaticM. I confirm that no material matters have Come to my attention in Connection with the examinalion giving ffle (xuse to trAieve that in any material respec.. 1 AccountirvJ rordS ere not kept in resp of the chartty as required by S&tion 130 of the Act,. or 2 The accounts do not ¢ord Vth tIM)se rec¢xds I have no ¢onom$ and have come acrckss other matters in connection Vith the examination to ich attention should be dravm in this reFty)rt in cKder to enable a tKOFer undstanding of the iunts to be reached. Louise Harkenett Date &1s/ak
i¢11 Review cc he financial statements for the Parish as a whole have been drnwn up a Receipt5 and Pay7ncnts basis nd combine the sets oflocal a¢¢wnts drnwn up by Trwurers. The aggre¢ and ash b#lanee5 at the end of 2023 arnnted to £526.Ol3 clynpml with £244.465 at the end of 2022. Inrestrieted income received in 2023 amowited to £451 J51.74 owever£279.0110 wa5 srrtlfi]lY to nused by St Nicholas FO1¢ Fund a restriLtrI fimd. Snresthded eXendire was £179.061.90. This is a 51ight decrease decre&se 2022. he Parish Share for 2023 h&$ been poid in full within the financÉal year althwgh it r4uired sub5bdy fr(xn parish resource5. rves Polity . is PCC policy to maintain a ¢ash balance unrestriaed fiJnts (I[psIble) wbith to at IAst three month5 f unrestricted expenditure. This equates to £44.765 forth¢ parish as a whole. The aggrdga alanGe at the end of 2023 on all unrcstriltcd gcneral tunds (excludin8 which had been designatfyl frspecIfi¢ purposes) ias £173,578 This repr¢sents in ¢%s$ of ihree months Or[g b&%oJ upun 2023 leve15. As PfEviously. thÈs is unevenly distributed etween the YdriS churthes {see n(kn 7 tothe fiTwi¢ial Siatemets}. pprowed by the PCC o ohtt Wallee (Vice Chair) A ri12024 $igned om their bth*lf by
THE PARISH OF THE HARWICH PENINSULA PCC RECEIPTS AND PAYMENTS ACCOUNT For the year ended 31st December 2023 TOTAL ilnre8trlcted Restrlcted EndoMn•nt FUNDS Funds Fund• Fund8 2023 Notes Re¢dpts Donations and1acleS Activities for generating funds Income from investments Church tIvItieS other receipts Total receipts 130.730.31 2,815.50 1.013.25 34.3CQ.50 130,730.31 2,815.50 1,013.25 34,300.50 2b 2d 2e 172.351.74 1713S1.74 Payments Costs of generatirtg vduntary income Fund-raising trlfi9 costs Church *tivities Payments for WeddingslFurwl$ Total payments 2,485.61 6,766.20 169.810.09 2.485.61 6.766.20 169,810.09 179.C61.9) 8.267. 179,061.90 Exce881(Shortlall) of Recolpts ovor Payment8 {6.710.16) {8,267_96) 16.710.16) Transfers be funds 5.(MX).(M) 279.IX)O.I)O 284,0.00 11.710.16) 270,732.04 277.289.84 Bank and cash balan at 1 JanLWy 2023 176.178.89 70,868.00 247,046.69 Bank and cash balan¢os at 31 Docember 2023 174,468.53 341.6(KJ.04 52 336.53
THE PARISH OF THE HARWICH PENINSULA PCC NOTES TO THE FINANCIAL STATEMENTS (contlnued) For the year endod 31st Doc•mbgr 2023 2 RECEIPTS TOTAL FUNDS 2023 Unr8strictod Restricted Funds Funds a Ll)nations andlegacies Planned giving Collections at all servi9 Gift days Sundry donatiM$ and aFwIs Income tax recovered Gr8nls Legacies 16,771.42 16,771A2 13.2.81 13,296.81 701.01 701.01 81.023.17 81,053.17 6.718.05 6.718.05 1,140. 1,140.110 11.079.85 279.(K(l.(K$ 290.079.85 130.730.31 279,030.00 409,760.31 b Activities forgenertiTh3 fvnds Fetes, bazaars and other fun&rasing &tivrties Other receipts 2,815.50 2.815.50 Z815.S) 2,815.50 c Investment incom8 Dividends interest received 1,013.25 1.013.25 1,013.25 1,013.25 d Church actiwties Church hall lettings etc Fees from Meddings, fun•als etc Parish Mazine 9,015.CK) 25.285.50 9.015.00 25,285.50 34.3(X).50 34300.50 pcc other pt8 All Saints Intemal Transfers 30.(KM).Th) Total receipts 198.859.56 279,030.QO 447.889.56
THE PARISH OF THE HARWICH PENINSULA PCC NOTES TO THE FINANCIAL STATEMENTS (¢ontlnued) For the year ended 31st D8eember 2023 3 PAyME1s TOTAL Unr6stri¢t•d Rostrictod FUNDS Funds Funds 2023 Fund-fdising trnding costs Furtdraing events and activities 2,485.61 2,485.61 1485.61 2.485.61 b chUh ActNitS Missionary and charitable giving 6.766.20 6,766.20 6.766.20 6,766.20 Ministry costs.. Diocesan parish share paid other ministry expenses Church running exFenses Insurance utility bills Church maintenance Upkeep of services Upkeep of churchyard Parish magazine Sunday school costs Church hall running costs Bank charges Other payments Independent examination fee Transfer 60.515.00 11.076.32 28.922.42 9,692.88 13,669.51 760.71 1.218.30 540.00 60,515.00 11,076.32 28,922.42 9,692.88 13,669.51 760.71 1,218.30 36.398.75 250.00 36.398.75 250.00 169.810.09 169,810.09 Totsl payments 172,295.70 179.061.90 10
THE PARISH OF THE HARWICH PEMINSULA PCC MOTES TO THE FINANCIAL STATEMENTS (VJM*d) For th? year eJ)ded 31st Dee•mbw 2023 4 PCC member8 and r•lat•d Mrs Liz mcLej a PCC Memb¢r received a salary of £6.11)O during 20223for her work as Parish AdIniStratOr. EXn$¢$ paid io Cler may include a small inm)at¢rial wp)rtion which relate5 to their fimction &8 PCC members. No other paym¢nls were made to PCC members, or to related parties, either as remunerdtion or as ex4 other than tl IKcasional reimbursement for routine lten and servi¢cs paid for by tkn on Eehalf of the PCC. 6 Investrnent •Mets Ir•pr•¥•nting endowm¢rtfund•l OmKourt Rarnsoy Tthe CharKel Lttlle Oaklgy R•vd M Wontnpr Beqst Ch'yard Fu1 Trust ChatK Ward Tnmt Total Market value 1 Jan 2023 Oi%posaL4 at carrwr#J Purchases at cost Net gains and reVaat)n Market 3108¢ 2023 7.255.58 11.223. 5.63520 2.228.65 333. 26.676.95 97.88 977.98 478.40 95.37 879.81 1414.471 161.131 1014.18 27183 7,733.98 11,31&93 6.61189 27.752.81 Capital UrKI1ruted wKome 38.10 11.318.93 7,695 88 I,733. 11.31&93 27.15 6.585.74 6.612.89 1.814.18 272.83 13,471.19 14,281.82 27,7S2.81 1,814.18 27183 Sha Val R•pr8sertted by shares in.. CBF 1nStsnent Fd CBF Fid interest Securibes No. 371.57 547.83 317.70 25.666.80 2.087.01 27,762.81 1,328.[ 199. 1.328.1)0 199.L¥J 371.57 547.83 317.70 The above five ethwment tr1 ftWKis are managed by DiceSe on behalf of PCC. Income on the Miss Ward Trusi fuThJ 15 Manded to the PCC, aThJ is available for general ecclesiastical purp)ses. Iorne on the Tithe Chancel TrSt fidS is reinvestal until requirf and is available for rtrIcted w8e in connedion wtth eligible costs associated with the chancel areas of above two churches. The Wonter Bequest is set up for any special need for assistance in the parish. The Wonter churchyard triL8t income is for the upkeep of Little Oakley Churchyard esEYcially the graves of Revd Wonter and his relatives. The capitsl elen1 of all five endowment fimds is perInaL 6 Fixed assets retailled for church e Freehold land aNI buildings comprise St Nicknlas Hall, HarwIC Esplanade Hxll, Harwich aTKI The Millennium Ratnsey. These are stsled at estimated cost Val.FOr many years the PCC has also had use of Esplanade Hall, Harwi¢h. The prortY has been ilmproved with the assi5taFKe of the Diocese. to register the hall. which staThls on consecrated groutyL in the naTne of the Parish wilh the Laj Registy. Unttl oWh1P is establis the church continues to insure the building. 11
THE PARISH OF THE HARWICH PENINSULA PCC NOTES TO THE FINANCIAL STATEMEwfs (condnu•d For the year ended 31st Decemb8r 2023 7 Statemert offunds Bal blfvA Recelpts Payments Transfern 8•1 clfwd Unrestrkted Funds Und&signaled funds PCC General Fund PCC Wedding & Funeral Fees Sl Nicholas General fu1 All Saints General Fund st Mhaer$ Gerwal Fund 145.914.14 104.559.05 (102,529.27) 15,000.CKI) 154.169.92 1.676.93 1,676.93 18,286.35 17,407.78 5,156.(M) 1,451.00 6.179.85 4,900.96 27.470.60 21,793.17 14.611.74 {33.349.171 {25,498.021 (15.890.63) 5.000.00 Desyn8ted funds PCC Chikjren's Worf St Nicholas Hall St NhOlaS Amenit Sl Nicholas Drop In St Nicholas Choir Fuj St Nteholas HandbelL8 Fund All Saints Musc Fund All Saints Fabric Fund All Saints Tea Fu1 Sl Michael's 100 Club St Mthaef8 Fkmer FurKI s00. 600. 1.200.00 74.15 341.00 58.50 178.286.92 169.034.56 (177.267.091 74.15 341.00 58.so 181.280.24 Restrtctsd Funds st Nicholas Fabric FUNJ St NhOlaS Organ FuTrJ St Nicholas Flower5 Fund st N¢cholas Ap1 Fd St N1¢1laS Choir Fund St Nicholas Cbxk Fund st Nicho$ Children's Co All sat¥ Luhting Fund All Saints Organ Fund All Saints Fabric Fund Sl Mt¢haef$ Buikliig FIj St mhael'S Or9an Furbj 45.%9.73 490.00 1.019.13 (8.016.311 279,CW.00 (155.00} (*.551 316.953A2 335.00 922.58 3,893.05 3.893.05 96.67 3,{9.88 16,356 12 96.67 3,069.88 17.754.19 1,398.07 31.00 31.00 70.926.08 1.398.07 18267.861 279.000.00 343,05629 The above figures repSent bank and cash balances only, and exclude the value of church plate. investments and other assets. Restricted funds are available only for the putposcs indicated aiK)ve, either &s a result of conditions stipulated by donors. or as made known by the PCC when inviting donations or raising fvnds for specific objects. Designated funds have been eannarked by the PCC for specific purposes, but can be ff-designated if required at the PCC'S discrelion. 12
Transfers within unrestricted funds relate mainly to the allocation belween various churches and central PCC funds of shared ministy, administration and other costs. together with transactions relating to the parish magazine. As in previous years. a few transactions showm as payments or receipts within individual DCC accounts have been treated as transfers within the financial statements of the PCC &8 a whole. 12