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2024-12-31-accounts

Parish of the Harwich Peninsula

Registered Charity No.1152910

Annual Report and Financial Statements of the Parochial Church Council

For the year ended 31st December 2024

Incumbent:

Revd Canon Margaret Shaw The Rectory 51 Highfield Avenue Dovercourt Harwich CO12 4DR

Bankers:

Barclays Bank Plc TSB Bank Plc 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 CO3 9XE

The Parish of the Harwich Peninsula

Annual Report of the Parochial Church Council for the For the year ended 31st December 2024

Administrative Information

The Parish of Harwich Peninsula covers Dovercourt, Harwich, Little Oakley, Parkeston and Ramsey. It is part of the Diocese of Chelmsford within the Church of England. The correspondence address is the Rectory, 51 Highfield Avenue, Dovercourt, Harwich, Essex CO12 3DR. The PCC is a registered Charity.

PCC members who have served from 1 January 2022 until the date of this report was aproved:

Team Rector Team Rector Reverend Canon Margaret Shaw To June 2023(Resigned)
Team Vicar Rev KirstyEmmerson
Associate Priest Rev Claire Scargill
Assistant Curate
LLM Dr John Shaw
LLM Mr John Wallace ActingChair(July2023)
LLM Mrs Sioux Thorpe
Wardens: Mrs Marylynn Mayo All Saints
Joan Hurst All Saints
Mrs Elizabeth Ford St Michaels
Mrs Dawn Wallace St Michaels(from May2019)
Mrs Janet Goodall St Nicholas
Vacant
Representatives on Deanery
Synod
Mr Christopher Wallace St Michael's
Mrs Christine Smith St Nicholas'
Elected M embers Ms Sarah Abbott All Saints
Mrs Maureen Townsend All Saints(from May2019)
Mrs Deidre Salter St Michael's(from May2019)
Ms Janet Thomas St Michael's(from May2020)
Mrs Janet Goodall St Nicholas'
Mrs Christine Smith St Nicholas'
Teasurers : Mr Douglas Cooper Parish Treasurer
Dr John Shaw St Nicholas'
Mr Douglas Cooper All Saints
Mr John Wallace St Michael's
Dr John Shaw PCC Resources

Structure, Governance and Management

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

The full PCC met 4 times during the year with an average level of attendence of 60 per cent. Committees met between meetings and minutes of their deliberations were received by the full PCC and discussed where necessary.

1

Objectives and activities

The Harwich Peninsula PCC has the responsibility of co-operating with the incumbent in promoting the ecclesiastical parish the whole mission of the Church, pastoral, evangelical, social and ecuminical. It also has maintenance 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 Charities Act 2011, the incumbent and the members of the PCC have considered the public benefit guidance published by the Charity Commission. The PCC maintains an overview of worship and other activities and initiatives carried out by the churches and church organisations that make up the Parish, for the benefit of the whole community. Some of the activities undertaken during the year are detailed below under review of the year.

Achievements and performance

Review of the year: Chair's Report

2

Financial Review

PCC

The financial statements for the Parish as a whole have been drawn up on a Receipts and Payments basis and combine the three sets of local accounts drawn up by DCC Treasurers. The aggregate bank and cash balances at the end of 2023 amounted to £244,465 compared with £226,625 at the end of 2022.

Unrestricted income received in 2023 amounted to £156,903

Unrestricted exenditure was £140,972, This is a decrease on 2021 which in the main is due to ?? The Parish Share for 2022 has been paid in full within the financial year although it required subsidy from parish resources.

Reserves Policy

It is PCC policy to maintain a cash balance on unrestricted funds (if possible) which amounts to at least three months of unrestricted expenditure. This equates to £35,198 for the parish as a whole. The aggragate balance at the end of 2022 on all unrestricted general funds (excluding those which had been designated for specific purposes) was £173,578 This represents in excessof three months of operating costs, based upun 2023 levels. As previously, this is unevenly distributed between the various churches (see note 7 to the financial statements).

Approved by the PCC on April 2024 and signed on their behalf by John Wallace (Chair)

3

Independent Examiners Report to the Trustees of Harwich and Parkeston PCC

I report to the Charity trustees on my examination of the accounts of Harwich and Parkeston PCC Charity for the year ended 31 December 2023, which are set out in pages 6 to 12

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act")

I report in respect of my examinationof the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commision under Section 145(5)(b) of the Aw

Independent examiners'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 respec:

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 accounts to be reached.

Louise Harkenett

Date

THE PARISH OF THE HARWICH PENINSULA PCC
RECEIPTS AND PAYMENTS ACCOUNT
For the year ended 31st December 2024
Notes
Receipts
Donations and legacies
2a
Activities for generating funds
2b
Income from investments
2c
Church activities
2d
Other receipts
2e
Total receipts
Payments
Costs of generating voluntary income
3a
Fund-raising trading costs
3a
Church activities
3b
Payments for Weddings/Funerals
Total payments
Excess/(Shortfall) of Receipts over Payments
Transfers between funds
7
Bank and cash balances at 1 January 2024
Bank and cash balances at 31 December 2024
PCC
PCC
PCC
St Nicholas
St Nicholas
St Nicholas St Nicholas
All Saints
All Saints'
All Saints' All Saints
St Michaels St Michael's
St Nicholas
St Nicholas
St Nicholas
St Nicholas
St Nicholas
St Nicholas
All Saints
All Saints
All Saints
St Michaels
St Michael's
St Michael's
T
General
Resources
Wedding &
General
Church Hall
Esplanade
Handbells
General
Fabric
Tea
Music
Fund
100 Club
Unrestricted
Fabric
Organ
Flower
Appeal
Choir
Clock
Lighting
Organ
Fabric
Building
Organ
Flower
Restricted
EndowmentN
Fund
Account
Funeral Fees
Fund
Hall
Fund
Fund
Fund
Fund
Fund
Funds
Fund
Fund
Fund
Fund
Fund
Fund
Fund
Fund
Fund
Fund
Fund
Fund
Funds
Funds
#

£
£
£
0.00
0.00
0.00
16,277.61
0.00
0.00
0.00
16,022.29
0.00
0.00
16,422.68
0.00
54,348.43
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-
-
75,980.20
0.00
0.00
3,000.00
0.00
0.00
0.00
796.40
0.00
0.00
0.00
0.00
79,776.60
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-
-
0.00
0.00
0.00
1,853.74
0.00
0.00
0.00
390.65
0.00
0.00
57.11
0.00
447.76
10,066.78
0.00
0.00
0.00
0.00
5,000.00
0.00
0.00
0.00
0.00
0.00
0.00
15,066.78
-
40,147.21
0.00
0.00
0.00
0.00
0.00
0.00
2,107.50
0.00
0.00
1,122.50
0.00
43,377.21
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-
-
116,127.41
0.00
0.00
21,131.35
0.00
-
19,316.84
0.00
0.00
0.00
17,602.29
0.00
177,950.00
10,066.78
-
-
-
-
5,000.00
-
-
-
-
-
15,066.78
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-
-
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
27,900.10
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-
-
111,023.20
0.00
0.00
15,317.84
0.00
0.00
18,323.28
0.00
0.00
16,494.60
0.00
136,158.92
223,951.06
160.00
0.00
0.00
15,318.60
0.00
120.00
0.00
120.00
0.00
0.00
239,669.66
-
000
000
.
.
111,023.20
0.00
0.00
15,317.84
0.00
0.00
18,323.28
0.00
0.00
0.00
16,494.60
0.00
164,059.02
223,951.06
160.00
0.00
0.00
15,318.60
0.00
120.00
0.00
0.00
0.00
8,267.96
-
5,104.21
0.00
0.00
5,813.51
0.00
0.00
0.00
993.56
0.00
0.00
0.00
1,107.69
0.00
13,890.98
(213,884.28)
(160.00)
0.00
0.00
0.00
(10,318.60)
0.00
(120.00)
0.00
0.00
0.00
0.00
6,798.82
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1,000.00
1,000.00
-
#
0.00
0.00
5,104.21
0.00
0.00
5,813.51
0.00
993.56
0.00
0.00
0.00
1,107.69
0.00
13,890.98
(213,884.28)
840.00
0.00
0.00
0.00
(10,318.60)
0.00
(120.00)
0.00
0.00
0.00
0.00
7,798.82
-
130,226.37
57,319.96
0.00
0.00
0.00
1,451.00
0.00
72.57
4,528.62
193,598.52
283,611.07
116.92
973.45
10,958.67
96.67
3,540.03
16,356.12
0.50
31.00
315,684.43
-
135,330.58
0.00
0.00
63,133.47
0.00
0.00
0.00
2,444.56
0.00
72.57
0.00
5,636.31
0.00
207,489.50
69,726.79
956.92
973.45
0.00
0.00
640.07
96.67
3,420.03
16,356.12
0.50
31.00
0.00
92,201.55
-

6

==> picture [484 x 253] intentionally omitted <==

----- Start of picture text -----
THE PARISH OF THE HARWICH PENINSULA PCC
STATEMENT OF ASSETS AND LIABILITIES AT 31 DEC PCC PCC PCC St Nicholas St Nicholas St Nicholas St Nicholas St Nicholas St Nicholas St Nicholas All Saints All Saints' All Saints' St Michaels St Michael's
TOTAL TOTAL TOTAL
FUNDS General Resources Wedding & General Church Hall Amenity Drop Esplanade Choir Handbells General Fabric Tea Fund 100 Club Unrestricted Restricted Endowment FUNDS FUNDS
2022 Fund Account Funeral Fees Fund Fund In Hall Fund Fund Fund Fund Fund Funds Funds Funds 2022 2021
Notes £ £ £ £ £
Fixed assets
Tangible fixed assets 5
Investments 6 0.00
Total fixed assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash funds
Stock
Debtors 8
Short term deposits Cash at bank (current accounts) Cash in hand 0.00 0.00 0.00 74.15 4,232.56 341.00 0.00 --- --- 164,334.67 62,216.95 74.15
7 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 74.15 4,232.56 341.00 0.00 0.00 0.00 - 226,625.77
Creditors: amounts falling due within 9 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
Net current assets #REF! #REF! 0.00 0.00 #REF! #REF! 0.00 0.00 #REF! #REF! #REF! #REF! 0.00 74.15 #REF! 341.00 0.00 0.00 0.00 0.00 226,625.77
Total assets less current liabilities #REF! #REF! 0.00 0.00 #REF! #REF! 0.00 0.00 #REF! #REF! #REF! #REF! 0.00 74.15 #REF! 341.00 0.00 0.00 0.00 0.00 226,625.77
Creditors: amounts falling due after o 9
NET ASSETS #REF! #REF! 0.00 0.00 #REF! #REF! 0.00 0.00 #REF! #REF! #REF! #REF! 0.00 74.15 #REF! 341.00 0.00 0.00 0.00 0.00 226,625.77
Funds 7
Endowment funds 10 0.00 0.00
0.00
Restricted funds 10 92,201.55 Err:509 0.00 92,201.55
0.00
Unrestricted funds 10 207,489.50 135,330.58 0.00 0.00 63,133.47 0.00 Err:509 Err:509 0.00 2,444.56 0.00 72.57 5,636.31 0.00 207,489.50
Other Monetary Assets Income tax recoverable for 2018 299,691.05 135,330.58 0.00 0.00 63,133.47 0.00 Err:509 Err:509 0.00 Err:509 0.00 2,444.56 0.00 72.57 5,636.31 0.00 207,4890.00 .50 92,2- 01.55 - -
Legacies,bequests,grants awarded - - 0.00 0.00 -- -- 0.00 0.00 0.00
Investment Assets
CBF Investment Fund shares 5 - - 0.00 - 22,285.62
CBF Fixed Interest Securities 5 - - 0.00 0.00 0.00 - 242,,848.23 562.61
Assets retained for Church use
Freehold land and buildings 6 0 0.00 - - - 0.00
Liabilities
Ministry expenses & other costs - - 0.00 - - - -
Approved by the Parochial Church Council on April 2021 and signed on their behalf
Revd Canon Margaret Shaw (PCC Chair) Mr Douglas Cooper Mr Douglas Cooper (Treasurer)
----- End of picture text -----

7

THE PARISH OF THE HARWICH PENINSULA PCC NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31st December 2024

2 RECEIPTS

a
Donations and legacies
Planned giving
Collections at all services
Gift days
Sundry donations and appeals
Income tax recovered
Grants
Legacies
b
Activities for generating funds
Fetes, bazaars and other fund-raising activities
Other receipts
c
Investment income
Dividends and interest received
d
Church activities
Church hall lettings etc
Fees from weddings, funerals etc
Parish magazine
PCC
e
Other receipts All Saints
Internal Transfer
Total receipts
PCC
General
Fund
PCC
PCC
St Nicholas
St Nicholas
St Nicholas
St Nicholas
St Nicholas
St Nicholas
All Saints
All Saints'
All Saints'
All Saints
St Michaels
St Michael's
Unrestricted
Restricted
Resources
Wedding &
General
Church Hall
Amenity
Drop
Esplanade
Handbells
General
Fabric
Tea
Music
Fund
100 Club
Funds
Funds
Sccount
Funeral Fees
Fund
Fund
In
Hall
Fund
Fund
Fund
Fund
Fund
£
£
5,358.90
4,557.00
4,810.00
14,725.90
-
2,952.90
6,798.79
5,184.13
14,935.82
-
4,000.00
4,000.00
-

4,560.26
0.00
1,462.80
731.25
0.00
9,380.16
5.00
3,405.55
3,203.70
1,697.30
8,306.55 14,854.35

3,000.00
-
0.00
-
2,625.85
3,000.00
5,625.85
0.00
0.00
16,277.61
0.00
0.00
0.00
0.00
16,022.29
0.00
0.00
0.00
16,422.68
54,348.43
14,859.35
75,980.20 0.00
0.00
-

3,000.00
796.40
0.00
79,776.60
-
75,980.20
0.00
0.00
3,000.00
0.00
0.00
0.00
796.40
0.00
0.00
79,776.60
0.00

390.65
0.00
57.11
447.76
10,066.78
6,804.83
0.00
0.00
0.00
0.00
0.00
390.65
0.00
57.11
447.76
10,066.78
10,985.87
29,161.34
0.00

0.00
2,107.50
397.50
13,490.87
-

0.00
725.00
29,886.34
-
0.00
-
40,147.21
0.00
0.00
0.00
0.00
0.00
0.00
2,107.50
0.00
1,122.50
43,377.21
-
0.00
0.00


0.00
0.00
0.00
0.00
0.00
-
s 0.00
0.00
0.00
0.00
0.00
0.00
-
121,753.26 0.00
0.00
19,277.61
0.00
0.00
0.00
0.00
19,316.84
0.00
0.00
0.00
17,602.29
0.00
177,950.00
24,926.13
olumns
Hide these c

THE PARISH OF THE HARWICH PENINSULA PCC NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2024

1. Accounting policies

a Accounting basis

The financial statements have been prepared on a receipts and payments basis and in accordance with the Charities Act 2011 and current church accounting guidance.

b Funds

The PCC operates a number of different types of funds, as detailed below:

Unrestricted funds - general funds which can be used for PCC ordinary purposes

Designated funds - monies set aside by the PCC out of unrestricted funds for specific future purposes or projects.

Restricted funds - a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest; b) donations or grants 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. Any balance remaining unspent at the end of the year is carried forward as a balance on that fund.

Endowment funds - funds the capital of which must be maintained; only income arising from the investment of the endowment may be used, either as restricted or unrestricted funds, depending on the purpose set out in the terms of the original endowment.

c Receipts

Receipts are included in the Receipts and Payments Account only when actually received by the PCC. Amounts due but not received at the end of the year (such as income tax claims, legacies or grant awards) are not included, however significant items are noted at the bottom of the Statement of Assets and Liabilities. Receipts for fee income from weddings, funerals etc. relate only to amounts due to the PCC, and exclude amounts collected by the PCC as agent and subsequently paid over to ministers, vergers, organists and the Diocesan Board of Finance.

d Payments

Payments are included in the Receipts and Payments Accounts only when paid by the PCC. Amounts due but not paid at the end of the year (such as committed grants or unpaid diocesan parish share contributions) are not included, however significant items are noted at the bottom of the Statement of Assets and Liabilities.

e Fixed Assets

Movable church furnishings held by the churchwardens on special trust for the PCC, and which require a faculty for disposal, are treated as inalienable property unless consecrated. Such items are recognised in the Statement of Assets and Liabilities but are not valued. They are listed in the relevant church inventories which can be inspected at any reasonable time. Consecrated and benefice property is not included in the financial statements in accordance with Section 10(2)(a) and (c) of the Charities Act 2011.

Other significant fixed assets retained for use by the PCC are recognised in the Statement of Assets and Liabilities. Approximate values are stated where available.

f Investments

8

THE PARISH OF THE HARWICH PENINSULA PCCNOTES TO THE FINANCIAL STATEMENTS (continued)For the year ended 31st December 2024

3 PAYMENTS

a
Fund-raising trading costs
Fundraising events and activities
b
Church Activities
Missionary and charitable giving
Ministry costs:
Diocesan parish share paid
Other ministry expenses
Church running expenses
Insurance
Utility bills
Church maintenance
Upkeep of services
Upkeep of vicarage
Parish magazine
Sunday school costs
Church hall running costs
Bank charges
Other payments
Independent examination fee
Transfer
PCC
PCC
PCC
St Nicholas
St Nicholas
St Nicholas
St Nicholas
St Nicholas
St Nicholas
St Nicholas
All Saints
All Saints
All Saints
St Michaels
St Michaels
General
Resources
Wedding &
General
Church Hall
Amenity
Drop
Esplanade
Choir
Handbells
General
Fabric
Tea
Fund
100 Club
Unrestricted
Fund
Account
Funeral Fees
Fund
Fund
In
Hall
Fund
Fund
Fund
Fund
Fund
Funds
£
000
000
00
St Nicholas
St Nicholas
St Nicholas
St Nicholas
St Nicholas
St Nicholas
All Saints
All Saints
All Saints
All Saints
All Saints
St Michaels
St Michaels
St Michaels

Fabric
Organ
Flower
Appeal
Clock
Handbells
Lighting
General
Organ
Fabric
Organ
Building
Organ
Flower
Restricted
Fund
Fund
Fund
Fund
Fund
Fund
Fund
Reserve
Fund
Fund
Fund
Fund
Fund
Fund
Funds
£
0
-
.
.
.
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.0
25,485.62
1,892.48
0.00
522.00
0.00
27,900.1
0.0

0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-
0
0.00
-
0
-
25,485.62
0.00
1,892.48
522.00
0.00
0.00
27,900.1
8,500.00
4,800.00
10,000.00
23,300.0
27,110.63
2,700.00
2700
32,510.6
0.00
1,768.50
1,768.5
5,964.80
0.00
2,228.09
1,370.04
9,562.9
4,182.64
0.00
4,777.51
8,960.1
0.00
172.41
0.00
2,970.96
390.06
3,533.4
3,453.38
275.72
0.00
144.72
266.00
4,139.8
958.83
958.8
0.0
0.00
0.0
19,740.05
0.00
19,740.0
0.00
-
774.69
129.79
0.00
2,880.00
0.00
3,784.4
0.0
25,000.00
0
-
-
-
0
0.00
-
3
0.00
120.00
120.00
0
0.00
0.00
0.00
-
3
-
5
0.00
-
3
223,951.06
0.00
223,951.06
2
160.00
15,318.60
15,478.60
3
-
0
-
0
-
5
-
-
8
0.00
0.00
-
0
-
111,023.20
0.00
0.00
15,317.84
0.00
0.00
0.00
0.00
0.00
0.00
18,323.28
0.00
0.00
16,494.60
0.00
136,158.9
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.0
2
223,951.06
160.00
0.00
0.00
15,318.60
0.00
0.00
0.00
0.00
0.00
120.00
0.00
0.00
0.00
239,549.66
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-

THE PARISH OF THE HARWICH PENINSULA PCC NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31st December 2024

4 PCC members and related parties

Mrs Liz McLeod a PCC Member received a salary of £5,000 during 2022 for her work as Parish Administrator. Expenses paid to clergy may include a small immaterial proportion which relates to their function as PCC members. No other payments were made to PCC members, or to related parties, either as remuneration or as expenses, other than the occasional reimbursement for routine items and services paid for by them on behalf of the PCC.

5 Investment assets (representing endowment funds)

Market value 31 Dec 2022 Dovercourt
Tithe
Miss
Chancel
Ward
Trust
Trust
£
£
9,148.53 11,223.56
Ramsey
Tithe
Chancel
Trust
£
7,822.23
Little Oakley
Revd M Wontner
Bequest
Ch'yard
Fund
Trust
£
£
1,980.31
296.75
0.00
0.00
Total
£
30471.38
0.00
0.00
0.00
0.00
0.00
0.00

The above five endowment trust funds are managed by the Diocese on behalf of the PCC.

Income on the Miss Ward Trust fund is mandated to the PCC, and is available for general ecclesiastical purposes. Income on the Tithe Chancel Trust funds is reinvested until required, and is available for restricted use in connection with eligible costs associated with the chancel areas of the above two churches. The Wonter Bequest is set up for any special need for assistance in the parish. The Wonter churchyard trust income is for the upkeep of Little Oakley Churchyard, especially the graves of Revd Wonter and his relatives.

The capital element of all five endowment funds is permanent.

6 Fixed assets retained for church use

Freehold land and buildings comprise St Nicholas Hall, Harwich, Esplanade Hall, Harwich and The Millennium Room, Ramsey. These are stated at estimated cost value.For many years the PCC has also had use of Esplanade Hall, Harwich. The property has been in a very poor state of repair for a number of years and during 2015 it was necessary to carry out essential work on the property. Efforts are continuing, with the assistance of the Diocese, to register the hall, which stands on consecrated ground, in the name of the Parish with the Land Registry. Until ownership is established the church continues to insure the building.

11

THE PARISH OF THE HARWICH PENINSULA PCC NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31st December 2024

7 Statement of funds
Unrestricted Funds
Undesignated funds
PCC General Fund
PCC Wedding & Funeral Fees
St Nicholas General fund
All Saints General Fund
St Michael's General Fund
Designated funds
PCC Children's Work
St Nicholas Hall
St Nicholas Amenities
St Nicholas Drop In
St Nicholas Choir Fund
St Nicholas Handbells Fund
All Saints Music Fund
All Saints Fabric Fund
All Saints Tea Fund
St Michael's 100 Club
St Michael's Flower Fund
Restricted Funds
St Nicholas Fabric Fund
St Nicholas Organ Fund
St Nicholas Flowers Fund
St Nicholas Appeal Fund
St Nicholas Choir Fund
St Nicholas Clock Fund
St Nicholas Children's Corner
All Saints Lighting Fund
All Saints Organ Fund
All Saints Fabric Fund
St Michael's Building Fund
St Michael's Organ Fund
Bal b/fwd
Receipts
Payments
Transfers
Bal c/fwd
£
£
£
£
£
117,181.20
0.00
0.00
(5,000.00)
112,181.20
1,676.93
-
-
0.00
1,676.93
20,129.49
21,131.35
(15,317.84)
-
25,943.00
11,063.00
19,316.84
(18,323.28)
12,057.00
2,554.14
17,602.29
(16,494.60)
0.00
3,661.83
-
-
0.00
0.00
0.00
0.00
0.00
0.00
Err:509
Err:509
-
Err:509
-
Err:509
Err:509
Err:509
Err:509
0.00
Err:509
Err:509
Err:509
Err:509
0.00
-
-
0.00
-
0.00
600.00
600.00
0.00
0.00
-
0.00
0.00
74.15
0.00
0.00
0.00
74.15
341.00
0.00
0.00
0.00
341.00
58.50
0.00
0.00
-
58.50
153,078.41
Err:509
Err:509
Err:509
Err:509
53,755.95
10,066.78
(223,951.06)
-
(160,128.33)
645.00
-
(160.00)
1,000.00
1,485.00
1,115.68
0.00
0.00
-
1,115.68
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
10,958.67
5,000.00
(15,318.60)
640.07
96.67
0.00
-
-
96.67
3,069.88
0.00
(120.00)
-
2,949.88
16,102.68
0.00
-
16,102.68
0.50
-
0.00
-
0.50
31.00
-
-
-
31.00
Err:509
Err:509
Err:509
Err:509
Err:509

The above figures represent bank and cash balances only, and exclude the value of church plate, investments and other assets.

Restricted funds are available only for the purposes indicated above, either as a result of conditions stipulated by donors, or as made known by the PCC when inviting donations or raising funds for specific objects. Designated funds have been earmarked by the PCC for specific purposes, but can be re-designated if required at the PCC's discretion.

12

Transfers within unrestricted funds relate mainly to the allocation between various churches and central PCC funds of shared ministry, administration and other costs, together with transactions relating to the parish magazine. As in previous years, a few transactions shown as payments or receipts within individual DCC accounts have been treated as transfers within the financial statements of the PCC as a whole.

12