The Parochial Church Coiincil of the ecclesiastical parish of ASTON AND NECHELLS Registered Charity number l 152917 Annual report and financial accounts for the year ending 31 December 2022
CONTENTS Trustees, annual report. Independent examiner's report Statement of financial activities Balance sheet Notes to the accounts 10 Aston and Nechells PCC 2022 annual report and accounts
Th¢ Parochial Church Council of. tbe Ecclesiastical Parish of Aston and Iyechells Trustees, rert for the year ending 31 December 2022 The Paro¢hia] Church Council (PCC) is plcased to present its report and financial stafrments for the year ended 31 Decemb¢r 2022. Objectives and aelivities The purpose of thc church, as stated in the gov¢rning dUMellt is 'promoting in the ecclesiastical parish th¢ whole mission of the Church" and the maln ain] of the church in meeting its objects is the provision of "free regular public worship open to all-. The Parish of Aston and Nechells seeks to'show and share the love of Jesus" to everyone in the Parish regardless of age. g¢nder, religioN ethnicity, disability or sexual orientation. Aehievemellts aDd perforniance How our acllvilies delh*rpublic benef and who has beneftsed The main gathering point of the church usually occurs through Sunday services, with many activities 0¢¢1ng during the week, The current WOTshippin8 community of the parish is between 100 and 120, including a number who still do noi feel able to attend church because they are vulnerable. The activities of the Church would noi take place without significant contribution from volunteers. over fify people are involved to ensure that the church is able to run them. The year 2022 was our first-norn, year since the disruption caused by Covid-19 pandemic. For most of il. we continu¢d to be'in vacancy", relying on visiting clergy from the di¢xese to preside at most of our communion services. A committed team of lay people worked hard to lead and pr at our services, maintaining a degree of momentunL However, it was a great joy and relief when we welmed Rev Dr Flo[ Gregson as our new vicar in September. Her official arrival was disrupted in the most UneXpted way wh¢n the death of Queen Elizabeth Il was announced one hour before her induction service, which meant that we wer¢ only able to say a few prayers and partake of the lavish refreshments. Later in September. she was propcrly inducted and Welcome and we hugely appreciate all that she has already done in hcr new role. We have continued to maintain our heritsge and our close links with our community. Members of the Royal Warwickshire R¢giLnent still come every year to mark Somme Sunday, and when schoolchildren visit Aston Parish Church we can show them - amongst other things - the tombstone of our Aston VC hold¢r, Alfred Wilcox, and the more recent and EN)ignant Ellis Shakespeare Memorial. After a gap of four years, we resumed our community carol service in December. and th¢ well-attended Christmas Eve candle-lit G2rol servic¢ was a memorable highlight of the y¢ar. Enwwing Ihal our aclivities deliver our alms The PCC, staff and clergy regularly review the acttvities of the paris14 looking at the success of each key activity, assessing the benefits to th0 attending, and planning future activiti¢s accordingly. Reference has been made to the Ckwity Commission's 8enera] guidance on public IKn¢fit. Aston and Neche115 PCC 2022 annual report and accounts
The Parochial Church Council of.the Ecclesiastical Parish of Aston and Nechells Trustees, report for the year ending 31 Deeember 2022 (continued) Rifk pnanagement andsafeguarding When any parish activity takes place, eSclaIRY iiiose vA)ich ar¢ outside the church buildin& a risk &ssessment is undertaken and approv by th¢ PCC. The parish has a safeguarding officer, Rosemary Cripps. who makes a report to each PCC meeting. Relationships with other ¢harilies The parish has an associated charity, CAN DO 4.13, which w&$ set up for the alleviation of need in th¢ parish and neighbouring are&8. The main activity in which it is involved is the Aston and Nechells FoodbanL which was set up in November 2011. Fundralsing Ihe parish does not use any professional fiuJdTaiser. but relies on the abilities of its members when raising fid$ is required. Future plans The P1$h of Aston and Nechells as a charity continues to exist to worship God. love one another and shar¢ the good news of Jesus in Aston and N(hclls in word and actio 2022 h&8 been & year where the congregations have gained confidence to be back in in person meeting. tA)oking to the future, we are continuing to revi¢w and develop our vision for this next stage in the life of aur p8ri8h. This will include reviewing how worship is led, restablishing in-person oprMIlIeS to get to know one anoth¢r better and supwrt one another, and looking at ways in which we can reach out with the good news of Jesus to the local community. We have recently had two of our finance team resi8ffj and so &8 we l<)ok to appoint a new treasurer and a new parish bookkeeper we are also r¢viewing our finances to erLgure that our procedures are the best fit for our current and future needs, which are clearly different from when they were put in place in 2008. We are awar¢ of two main areas of financial ¢haileng¢'. increased utility costs and the nttd at some of our sites for reordering and development of our buildings. We have reviewed our rents, and our projects officer is looking at funding for the building development work at two of our sites. Rewordering the building at Aston Parish Church and refurbishing the St Matthew's Hall will encourage further community use of the buildings, which will l)oth enable us to build on our links with the local community and bring in funding to cover the running costs of the buildings. Reservespolicy It is the parish policy to keep a balance of at least £5,(KK> in the main bank accounL Nvhich will ensure that we have enough for at least two months, expenses. This amount may have to be revised in 2023, in view of the substantial increase in utilities bill, but has proved more than adequate for a number of years. Aston and Nethells PCC 2022 annual port and accounts
The P#rochial Church Council otthe Eeelesiasti¢al Parish of Aston and Nechelb Trustees, report for the year ending 31 December 2022 (continued) Financial Rview The principal funding for the parish of Aston an&Ne¢h¢lls comes from giving by church members, grants from outside trusts. and income from l¢llings of parish buildings. The n1n financial highlights for the y¢ar are set out below. Total income for Unrestrict and designated fun(18 w&s £136.210, of which £70,063 w&s voluntary income made up of £54.102 from voluntary donations, £8.666 from Gift Aid, £3.090 VAT reclaim, and £4.205 in grants. Restrict¢d voluntary income of £4,864 was also re1ved and is detsiled in th¢ fll]ancial stat¢ments. The global pandemic caused significant reductioDs in income from fundraising and hire in 2020. this was redTessed somewhat in 2021. This recovery continu¢d strongly in 2022, with hire income increasing to £40,250 from £34,344. Fundraising income incre&qed to £2.530 from £2,137. £144,362 was spent from unrestrded and designateJJ fimds to provide the Christian ministy from the parish of Aston and Nech¢lls, representing a decrease of 3./fj. The decrease was due to a Teduetion in expenditure on Common Fun(L statTin¥, and church utilities. Restricted expenditure in 2022 was £6,876. Thcr¢ was a net gain on investments during ID thc year of £42,365. This was pr&lominantly due to the revaluation of 68 Manor Road. increasing its value by £60,000. Investments held with CCLA decreased in value by £17.635. The net result for the year was an increase in totsl fimds of £33,303, made up £14,1)98 decrease in unrestricted funds, £56,897 increase in designated funds, £6,673 decrease in restrictyj funds. and a £2,823 decrease in endowment funds. The totsl fund balances at the yearwend stood at £455.129 (unrestricted £136, designated £351,971, restricted £81,756. and endowments £21,265). Aston and Nechells PCC 2022 annual report and accounts
The Paroehial Church Council of tile Eeclesiastical Parish of Aston and Nechells Trustees, report for the year ending 31 December 2022 (continued) Strueture) goverDan¢e and management Governing doCUnk The Parish of Aston and Nechells is governed by approved documents issued by the Church of England. the Parochial Church Council (Powers) Me&sure 1956 as amende<L and th¢ church representation rules (contained in Schedule 3 to the synodic Government mSUr¢ 1969 as amended). The PCC was registered with the Charity Commission on 17 July 2013. ReCruitnnI and appointnwnt ofPCC The PCC for the parisb of Aslon and Nechells is made up of elected members of each church who are on the electora] roll ai the time of the Annual Parochial Church Meeting. Together with the clergy licensed to the parish, they administer the affairs of the parish. The churchwardens of each church are also members of the PCC and fonn a direct link between the13ishop and the parith. They see that the PCC carries out its responsibilities for the care, maintenance and insurancc of the churcK its contents. grounds and other buildings owned by the PCC. They also arrange to inspcct the fabri¢ of the church's premises at appropriate intavals and report to the annual paThKhial church meeting. PCC indM¢lion and training When the PCC was r¢gistered as a charity in 2013, all members of the PCC were taken through their responsibilitics as part of the process. When new members join the PCC, these responsibilities will also be outlincd to them. As it¢ms ¢om¢ up on the agend4 a background SUMM of the situation will be given to assist discussions. Organtsollonal struclure The PCC nOMllY meets at le&8t five times a year, with an agenda circulated to members in advance of each meeting. Each of the three churches / centres in the parish has a specific committee which meets at least four times a year. Authority is delegated from the PCC to these committees in order to allow business that lateS specifically to one church to be dealt with. ParochlAI Chureb Counell (PCQ Members of the PCC. who are also trustees for the purySe5 of Charity law and who served during the year and up to the date of the report are set out below: Rev Dr Fiona Gregson Vicar (from 24 Septemkn 2022) Rev Giyanow Kaur Associate priest Cephas l•rance Warden, St James Geoff Miller Wardery St James Joe Lewis Warden. St Peter and St Paul Dennis Cluley warde St Peter and St Paul Lynette Alleyne St James Sharon Palmer St James Nigel Cripp5 St Peter and St Pau] Flo Howells St Peter and St Paul Taliya Rubendran St Peter and St Paul Hilary Miller Parish secretary David Fletcher Parish treasurer Aston and Nechells PCC 2022 annual report and accounts
The Parochial Church Council of thé&Eeelesiastical Parish of Aston and Nechells Trustees, report for tbe year endiDg 31 December 2022 (continued) Respon8ibilltles of the Tnembers of the PCC The members of the PCC are responsible for Prepari tbe trustees, EEPOrt and tbe financial statements in accordance with applicable law and unit Kingdom Accowiting Standards (United Kingdom Generalty Accepted Accounling Practice). The law applicable to chtte5 in England and Wales requires the memEers of the PCC to prepare financial statem¢nts foi each fuwicial year which give a true and fair view of the state of affairs of the Chatity and of the incotne and expenditure of the Cbarkty for that FKriotl In preparin8 the fllWLcial statements the members of the PCC gre required to: • sclect suitable ac£oullting policies and apply them nsIstentIy. • observe the methods and Principles in the Charities SORP. ' make judgements and estimates that are rwonable and prudent: • state whether applÉcable a¢ntIng stsndar&% have been followe4 subject to any mataial departures disclosed explained in the fllwcial statemellts: and ' prepare the fmancial Slatellnts on an ongoiDg basis. The members of the PCC are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Chariti¢s Act 2011. the Charity (Accounts and Reports) Regulations 2008 8J]d th¢ provisions of the governing documenL They are also responsible for safeguarding the asscts of the Charity and hen¢e for taking rnsonable steps for the prevention and d¢tcLtion of fraud and other iffwlarilics. "rhe PCC acknowledges the great amount of sacrificial time and energy given by many in the churc and would like to thank everyone who has Contributed to tbis ministry. Reference and administralive informahon Charity name: The Parocbial Church Council of the Ecclesiastical P8rish of Aston and Nechells (Parisb of Aston and Nechells) CharLty registration no: 1152917 Principal office and registered addre&%: Parish of Aston and Nechell& Witton Lane, Asto Birniingbani B6 6QA Indewident examiner Mr David Harvey 5A Greenfield Road Harbome Primary bankers HSBC CAF Bank TSB Bank Lloyds Bank B17 OED Approved by the PCC on 19 May 2023 and sÈ8ll on its bebalf by: Rev Dr Fiona Gregs0 vicar David Fletcher. parish treasurer Aston and Nechells PCC 2022 annual report and accounts
The Parocbi&l ChurclE Councifof the Eeclesi&stieal Parisb of Aston and f4eehellls ndependent examiner's report for the year ending 31 December 2022 I ieport to the trustees on my exaniination of die financial statrments of the Parochial CburLh Council of the csiastical Parish of Aston and Necliells ('th¢ Charity,) for the year endcd 31 DeGeJllber 2022 which ait scl oul OLi pages 8 to 20. ResponslblllÉle8 And basis of report As the trustees of t1 Cliarity you are responsiblc for the prepaTatioii of the financial stateiiieiits iii accordance with the reqiiirenwits of the Clwiti¢s Act 20 I l ('the 2011 Act,). I rcport in respect of my cxamination of thc Charity's financial statements carried out Lmder scctioii 145 ot Ilie 2(1 I I Aut and iii 04rying out niy examination I huvc followed all tlic applicable directlOll8 giveii by tlie Lliar(iy Conjmigsion under tIOn 145(5)(b) of tlie ?01 l Act. Indop¢Jndtnt examiner's ytatement I liave coinpleted niy ttxamination. I wnftrni tliat no material maiters liave conie to niy uttenlioii iii ¢oniioction with the exajnination givina me cause to belicve tliai iii any iiialerial respecl.. CCOLintiiig recoids weit not kept iii respect of tlic Clwity as I'equired by section 130 of tl)e Act: OL the accoiinls do not accord with tlwse re¢oits' or the accounts do not comply witli the applicable requirements conceniing the forni and content or accounts sct oiit iii tlie Charities (Accounts and Reports) Regulatioiis 2008 oiher than ejiy i'equireineiit tliat the acLouiit5 give a 'true and fair view. which is not a matter consideird as part of an indepeiid¢nt exaniination. I liave no coiicerns aiid have com¢ aoross no other matteTS in connection widi Ihe exaniination to wliich It¢ntioii should b¥ drawn in this r¢poAI in older to elble a proper understanding of tlie accouiits to be LYaLhed. Signed., David Flaivey )A Grccnfield Iload 14arbonie Bii'iiiingl]aiii B17 0F.D Aston and Nechells PCC 202? annu81 report and accounts
The Parochi21 Church Council of the Ecclesiastical Parisb of Aston and Neehells Statement of financial 2etivities for the year ending 31 December 2022 Totsl 2022 tsl futhdtl ds Incon andendowmtntsfrn. Voluntary income Activities for generating fiJnd8 Investrnent income Church activities 12) (2b) (2¢) (2d) 65.(M)3 4.864 13 970 120 74.927 2.350 17.133 47,768 103.941 2,137 14,346 48.142 430 15.457 19.193 706 28.455 Total infome 9&071 40,139 142,177 16&566 EweAdhure on.. Church activities Costs of generating funds (3•) (3b) 107.999 246 25.921 10,195 6.876 140,796 10,442 188.757 3.624 Tot•1 exptDditu 3&117 76 151,238 192J81 Net Intonhe l {txpeDdlt•re) yeree• b¢for¢ trnnxf¢r {12,17S) (9,061) (23,815) Tr&nsfers Gross transfers between fillS- Gro&q transfers between funds- out 1.585 (1.4(Ki) ijoo 2.885 (2.885) 37.982 (37,982) (1.485) Oiher reCogniwd8•iI10tsés Gains / losses on investment assets GY4ins on revaluatio fix¢d assd4 charity'$ own use {439) 52.69YI {7,065) (2,823) 42.365 23.677 N¢1 movemeDt In fvJMIs {i{o (A673) (2,823) 33J03 (138) R¢¢on¢Ula¢loA offmn Tot*l thBds brought forward 14334 295,OT3 429 421,825 421,963 Totsl fvmds earrled fornrd 136 351.971 81.756 21.265 455,129 421,825 There be minor tthcrtpanciej in ihe¢dalF illhepellce are brinz shown Aston and Nechells PCC 2022 annual report and accounts
The Paroehigl Church Council of tht Ecclesiastical Parish of Aston and Nechel16 Balance sheet as at 31 Deceniber 2022 Al At 31n7uW 31ny2011 Fired Èwets Tangibl¢ assets Investment propety InvestsDents Fixed agsets Cuffent tTssets Cash at bank and in hand Debti)rs Current 95sets Llubllliles Creditors Net curreBt ¥4s8ets less eurrent Ilabllitks Totsl asjets less ¢urreDt li•bllltlos Totsl net assets less Ilabllltks Funds of the Church 11.804 185,0 65,433 262337 11,$04 185.000 156.467 353,271 14,198 125,000 171,309 310,507 (8) (8) (9) 69,532 69a32 21265 2126$ 236 12.305 500 12005 95,762 98,391 (91 li (5.804) 89261 08 93,769 111256 117,832 16.515) Ill J18 41125 421,825 41125 (4.782) (100) 136 (4.036) 89.733 351.971 351.971 (581) 12324 81.7 81,756 (9.399) 101157 455,129 455,129 455,129 (12) 21265 21265 11365 136 351971 81,756 21,265 Th¢re be mlNor dlscreprtncle5 IR Kthepeftce are nol belng slwwn 136 Rev Dr FioD& Gregs0 vicar Aston and Nechells PCC 2022 annual report and accounts
io The Parochial Church Council ot the Eeclesiastical Parish of Aston and Necbelb Notes to the accounts l. Summary of significant aeeount policies GeDernl illfomtion b&¥is of ration The PCC is a publi¢ benefit eDtity within the meaning of FRS102. The Financial Ststements have been prepatrd under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the indivtdual accounts of PCCS, and with the Regulations tr and fair Vie provisions. They have also been prepared under FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practic4 Accounling gnd Rew>rt by Charities (SOKP(FRS102)). Assets Consecratsd and btneflce property Consecrated and benefice property is excludd and not capitaliseAI in the Financial Statements in accordan with the Chariti¢s Art 2011. Flxed asse¢8 In OrdanCe with FRS02 inv¢slm¢nt prO1rti should be carried ai th¢ir fair value and professionally valued every five yeapJ. Depreciation has been provided on church quipment on a straighi-line method based on the estimatrd eKonomic life of th¢ &sseL which is.. four yw3 in the case of fixtures. fittings and equipm¢nL ten years in th¢ ca8e of Sue7, Grnnt heaters. Investments Investments are recognis¢d at their quoted market prirx. Unreali1 gains or losses are lCUlated as the differCe betw¢¢n the fair valuc at th¢ y¢ar ¢nd and their carrying value. Fund The financial stst¢ments have been prepar1 using fvnd attountin& whereby income. expenditu. asset5 and liabiliti¢s arn classified by fund. Th¢ thr¢e types of fund Classifi¢10n present in these accounts are: l. Unrmtrieted fvnds (£eDernl and daignted)'. General funds are available for us¢ at the dlscretion of th¢ PCC In delivering th¢ aims and objectiv¢s of the charity. b. Designated fimds are funds that have been set aside by the PCC for a particular purpose from the general fund. 2. Restricted funds represent grants. donations and legacies Jrc¢ivth4 which are alloL¥ted by the donor for a S¢if1C purtx)se . The purpose of fimds h¢ld by the charity arc sct out in the notes kn th¢ financial statements. 3. Endowment funds represent gifts from an individual where th¢ witsl donation cannot be spenL only the income on the int¢nd¢d pwpose set out by the donor. Aston and Nechells PCC 2022 annual report and accounts
li The Paroehial Church Council of the Ecclesiastieal Parish of AstOD and Neehells Notes to the aecounts (continued) 2. Income Gt#erl Total ds Last 2021 ¢ar a) Volulltary Income Planned giving 46.555 30 46.585 45,456 ColleLions al 5¢ryi¢¢ 6203 510 6.713 10,595 Donations and &pF]5 694 2,105 2.938 3.279 Gift Aid 9.166 13.298 VAT TeelAim 2230 5,319 3.897 Grants 766 27,417 101941 4864 74927 b) Inve8tmeDt income Bank and thposit intere* 156 59 219 98 DividoDds 947 1,914 1.844 Rental income 550 706 IS457 970 17,133 c) A¢tivitics for gen¢r•ting funds Events fundraising 1.814 1.814 2,137 R¢8ular funth8isin8 93 430 430 13 13 536 2J50 1137 d) Church Ydclivitl¢s Paro¢hi4] fe&q 7258 120 7J78 7,405 Church hir¢ 21.187 19.063 40250 34,344 Other income io 130 140 2&455 19.193 120 47,768 4&142 Aston and Neche115 PCC 2022 annual report and accounts
12 Tbe Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Notes to the accounts (continued) 3. Expenditure General futsds Total fuDds funds fll*ds ear 2021 ) Chureh A¢thFltleJ Common Fund 50.(I)O 50.000 54.500 Charitable giving 5,009 2.739 cler and staff expen9eS 2.690 1.823 Vicarage Costs 6.138 6.138 Church 8taffin8 11256 12,319 14.276 Mission and oUtrh Work 1.508 .508 274 Community work 586 Church serviL% costs 1.571 2.912 Chw¢h offic¢ and athntn ¢<&8ts 8f2 892 635 Church utilities 11.859 11,859 5.209 Church insurance 12.859 12.859 12.392 Church safety and seawity 2.005 Church cleanin8 664 419 APC restorati and Mainten¢¢ ,471 3264 4.466 9.201 63.586 St James's maintenance 1240 30 1,271 206 Church Hall nmning Costs 1.410 3.682 5,092 11,065 Church Hall utilities 3,676 8.899 6.677 Church Centre running ¢08ts 3251 3.251 3.624 Church Cet)tre utilities 2,199 2.199 1.496 PCC professional ftts 1.250 Depreciation 2.394 2,394 1.785 324 Other expenditwe 351 224 975 977 107.999 2S921 A876 140,796 188,757 Aston and Nechells PCC 2022 annual report and accounts
13 The Parochial Church Council ot the Ecclesiastical Parish of Aston and Neehells Notes to the accounts (continued) b) Costs of generating funds Giving costs 224 224 223 APC chUh Cerrtre tl 210 232 350 246 1fj195 10,442 3,624 4. Transfers belween funds Toll otr rv•ds t APC HawthorrK Fund DesipMt&l Into Designaled (k8an Restorntion Fund Genernl to Restricted Weaver Youth Fund General to R¢5tri¢ted Khotra Genernl to tk$igrtated St matthe Buildin8 Fund (1.4{) 1.4 (i.0[} {300) {185) 300 185 (1,485) 185 IJ £1,4 tramfer from DesiWJ APC Hawth FuTY] to Re#or*iffl FuTrJ. £I.000 transfer from Gmernl Fund to Restri Weaver aft¢r it found the le8acy fr(An Ron Morri$ was intended to be $¢a towar&8 youth wo £JOO from G¢nernl Fund to Khotra Fund for some fimds tt¢¢iv¢d in 2(r21 which has it has now emerged should h&v¢ been treated &$ testricted fiJnd& £185 from Genernl Fund to des1ed St Mattw.5 Buildin8 Fund to b3]an¢e not b¢in8 previously showm in the accoun Aston and Nethells PCC 2022 annual report and accounts
14 The Paroehial Church Collncil of tile Ecclesigstical Parish of Aston and Nechells Notes to the accounts (continued) 5. Unrestricted fund movements Fund CiDS and Fund balanees crriEd fornard Fund TrAnsfrrs broughl forwrd Unrestrleted Genernl fvnd 14.234 96.071 108245 (1.485) {439) 136 stotal3 Design4t¢d Amy Ric¢ Fwid APC Church Centre Fund APC Traithraft Store APC Hawthome Fund cler Housing Fund Mixer Desk No 68 Manor Road Pauline Whitehead Le8acy Winifred Fund Sl Mthews- Building W St James Building Fund St MAtthews Building Fund St Matthews Community Hall Fund Suez Grant Fund APC Restoration Fund APC Restoration- Bells APC RestorY4tion- Flocr APC Resloration- Organ 14 439 136 15.178 (1.779) 13,399 11732 5.740 1.683 23.776 21238 3,745 125.O¢KI 14.042 33,618 1.683 22.376 13,447 2.7(M) 185,01)0 14.011 30,534 (1,41)0) 8,415 16205 1,045 60.000 30 (3.084) 2.517 22r2 4.789 185 8.298 1.349 185 18,570 10.453 24,195 11,919 22.191 9,104 24,098 60 (2,447) 555 555 813 1.400 587 Sulptotsls 185 Aston and Nechells PCC 2022 annual report and accounts
15 The Parochial Chureh Couneil ofthe Ecclesiastical Parish of Aston and Nechells Notes to the accounts (continued) Unrestrieted fund purpow: General Fund: Available for use at the discrtion of th¢ Iicc in delivering its aims and obJtIves. Designated Funds: Amy Ri¢e Fund is 8 bequest from a memb¢r of the congregation that w&s deSited for th¢ r¢storntion of the Aston Parish Church.
APC Church Centr¢ hnd is used for th¢ iDLX)rn¢ and exPdItUre &sgxiated with day to day running of the Church Centre. APC Trnidernft Store is used for inrA)m¢ and eXdItre associ8ty1 with the tvnning of the Traidcraft store. APC Hawthorne Fund was the rcsuh of a legacy from an individual. APC Pauline Whitshed eY w&$ the result of a lesacy from an tndividual. Clergy Hou8lng Fund is used for upkeep of the Vicarage and ¢uTate's house. The fund is Also used for rental income received from the ¢uTat¢'s house. Mixer Desk Fund is a desi8nated fund to hokl the bcdt value of the mixer desk ¢t after purchase and deal with its depreciation on a ye4rly basis. No 68 Mllor Road is the d¢si8nation of the c8pitsI value of the No 68 Manor Road property (curate's house). Wlnlfred Fund was the result of & gift from an individual. St James'8 Buildin2 Fund is used towards the maintenanrx of St Jwnes's Church. p St Mithew'$ BuiidiD8 Fund is uwj towanls th¢ maintenance of St Matthew's Hall. St Matthew's Communlty HAII Fulld is used for th¢ ineome and expenditure associated with the day to day running of the St Matthews Hall. Suez Hea¢ers Grant FuDd is forthe tangible value of the heaters that were installed u a 8ift in kind from Sue4 and the depreciation of them over their usual life. APC Restoration Fund is used for the mainlcnanee and restoration of Aslon Parish Church. APC Restoratlon Fynd- Other are series of destgnad fiu)ds towards various projects Associat with the maint¢nanc¢ and resioration of Aston Parish Church. Aston and Nechells PCC 2022 annual report and accounts
16 The Parochial Church Council of.lbe Ecclesiastieal Parish of Aston and Nechells Notes to the accounts (continued) . 6. Restricted fund movements Fund Fund bal8n¢es Crried forward IIFoiiiing Oulgoing Gins and Fulld brought forw*rd Transfer8 Restricted 8th Batln Royal Wanvickshire Allen Short Memorial Bell Fund Khotra Fund- India church Hymnbo Malawi Somme Fund Tithe r¢d¢moion Weav¢r Fund- youth work War rnoAorial and centenary Toilet refurbishment APC Restoration Fund APC Restoration- Bells APC R¢s¢oration- Floor APC Restoration- Spire APC Reslorntion- Tower St 31205 12.406 5.837 430 67 5,398 29,506 (2.835) (1,419) 28,370 11.046 4,081 656 67 5.398 26,799 3.488 65 131 300 226 (2.707) {23) 143 1.916 393 2.513 1.916 (81) 1.154 51NJ 1013 618 618 SulTrtotsls EDdowmtnt Feeney Endowment Hi88ins EndowThent 429 876 15.4f2 (1,814) (1.009) 13,668 7,598 s•lttal$ Aston and Nechells PCC 2022 annual report and accounts
17 The Paroehial Cburcb Council of tile E¢elesiastical Parish of Aston and Nechells Notes to the accounts (continued) Restricted fund pllrposes:
8th Battalion Roy41 Wanwi¢kshire ReEimeDthI Fund is the ffsult of public fimdraising for the (%ynserv&tion of the war memorials. Allen Short Memorial Bell Fund was a bequ&st towards the conservation of th¢ b¢ll5. Khotra Fund was originaity towards building a thUh in Indi4 and is now mainly being us&J to maintain and improve it. Hymn Book Fund is towards pulchosing of new hymniKM)ks as and when requir&l. Malawi Fund was money collected towards BDF Malawi Fund. Somme Fund is towards the Somme centenary celebrdtions. Tiihe Redemption FuDd is towards repair to the chUh ¢haneel. Weaver Fund is towards Youth WoTk at Aston Parish Church. War Memorlal gDd Centrnary is towards the maintrywice of the war memorial and the centenary celebrations. APC CeDlre Toilet RefurbAshment is towards the refiubishment of the toilets th¢ Church Centre. APC Re8toratioD Fund is from voluntary income towards th¢ maintenance and r¢storation of Aston Parish Church. APC R¢4toratlon - Belb is a fund towards thc tnaiDtenance 8nd upkeep of the bells at Aston Parish ChuKh. APC Restoration - TrIr is a fund towards th¢ retiirbishment of the Aston Parish Church floor. APC Restoratlon - Spire is a fid towards the repairs of the Aston P8rish Church spire. APC Restoration - Tower St¢P8 is a fund towards the repairs of the Aston Parish Church tower st¢PS. Endowment fund purposes: FeeDey EDdowmen¢ Fund for the Tepair of the Chancel and Chapel of the Parish Church of Aston and the F¢eney monutnent and fittings in said church. HIEgins Endowment Fund is Mr Alfred Higgins. gift in memory of his wife Annie. the sum to be invested to provlde the capital to purthase new hymnih)oks as and when needed. Aston and Nechells PCC 2022 annual report and accounts
18 The Parochial Church Council of the Ecclesiastical Parish of AstOD and Nechells Notes to the aeeounts (continued) 7. Staff costs 2022 totsl Total Wages And salaries Soeial Security costs Pension costs 11.888 288 142 14.094 19 14 76 The 4v¢r4Be number of employees Durin8 the ye8r, no employee earned £60.IXIO p¢r aDnum or more. 8. Fixed assets for use by PCC Curts's bou8e 125,0(K) Hetrr Mlxer To¢•1 138.488 4,181 60.000 Cost or Valuation Al l January 2022 Additions Revaluation gain l (]) 13.488 4.181 185,OCKI 4,181 202,669 At 31 Deze4nber 2022 436 3.471 Depre¢iation At l Janudry 2022 Charge for the year DisposNI 3.035 .349 1,045 2.394 4.384 1.481 5.865 Net book value At 31 22 Aston and Nechells PCC 2022 annual port and accounts
19 The Parochial Church Council of the Eeelesiastical Parish of Aston and Nechells Notes to the accounts (continued) 9. Investments Mthet vabJe- l Janw 2022 :, AdditiotLS Revaluation gain / OITrs5) (I.¢M)8) {1.814) (1.501) (3.084) (1.779) (439) (2.707) (2.835) 12.447) (23) (17.635) Mrk¢t value- 31 D¢tembtr 2022 7.598 13.668 11,614 30,534 13.399 3,303 26.799 28.681 18,433 2.438 156.467 CCLA Higgins Endowment CCLA Feeney Endowment CCLA Allen Short MeTnorial Bell CCLA Winifred CCLA Amy Rice Bequ¢5t CCLA St James Builthng CCLA Tithe Redempti& CCLA 8th Battn Royal Wanvi¢kshire CCLA APC Floor and Healin8 CCLA W¢aver 15.42 12.781 33.618 15.178 3.742 29,5C 31.516 20.880 334 171.3(Y) 2.794 10. Cash at bank and in hand 2022 tot•l 6.631 11.028 6.865 65 24.589 2021 Currart accouTtt (APC and St JaTll¢s's) Current a¢¢ount (St Matthew's H911) Current ac¢ount {APC Church Cen} Pew osh 9.318 8262 85 18.771 Sh•rt-Term dep)Jlts HSBC deposit account CCLA2181D CCLA 7001D Diocesan dOtIng fund 4.814 261 3,543 4,142 12.760 4.791 258 3,497 8.280 16.826 Group I ecouats: CAF APC Restoration Account CAF Clergy Housing Accounl CAF Weaver CAF Khotra 41,193 12,958 1556 6.087 62.794 9J05 4,331 58.414 Tot1 cuh at bank Ill hud 91 Aston and Nechells PCC 2022 annual report and accounts
20 The Paroebial Chureh Council of.the Eccleslastical Parish of Aston and Nechells Notes to the accounts (continued) 11. Debtors 2021 totsl totsl . Trade delrtors Other debtors Total prepayments 4.508 10.911 75 5,304 14.066 Tot#1 D¢btorJ and PreYMents 15,493 19.442 12. Creditors 21n2 2021 tot] Chre Il#bl]Itle•: Other creditors AccnMIs Agency collections 931 6.686 581 2.580 3.780 155 Total Ilblll¢lei &199 is 12(Kl Totsl Il*bllltk$ •nd dehrrqd Income 9J99 $15 13. Connected party transactions The charity's tru$le¢s and some relatives of th0 trustees are members of the congregation 8nd therefore make donations in thc forni of regular giving or donations to th¢ PCC like other memb¢rs of the congregation. The total given An 2022 8mount¢d to £20.162. Three individual& who are each relat¢d to one of the tn• received a total of £15291 (2021: £14276). Two tnths have re¢¢ived payments amounting to £3J75 (2021.. £2,577). Aston and Nechells PCC 2022 annual report and accounts