The Parochial Church Council of the ecclesiastical parish of
ASTON AND NECHELLS
Registered Charity number 1152917
Trustees annual report and financial accounts
for the year ending
31 December 2023
1
CONTENTS
| Trustees’ annual report | 2 |
|---|---|
| Independent examiner’s report | 7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the accounts | 10 |
Aston and Nechells PCC 2023 annual report and accounts
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The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells
Trustees’ report for the year ending 31 December 2023
The Parochial Church Council (PCC) is pleased to present its report and financial statements for the year ended 31 December 2023.
Objectives and activities
The purpose of the church, as stated in the governing documents, is "promoting in the ecclesiastical parish the whole mission of the church", and the main aim 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, gender, religion, ethnicity, disability or sexual orientation.
Achievements and performance
How our activities deliver public benefit and who has benefited
The main gathering point of the church usually occurs through Sunday services, with many activities occurring during the week. The current worshipping community of the parish is between 100 and 120, including a number who still do not feel able to attend church because they are vulnerable. The activities of the Church would not take place without significant contribution from volunteers; over fifty people are involved to ensure that the church is able to run them.
The year 2023 was our first full year with our Incumbent, Revd. Dr. Fiona Gregson in post. There was some further recovery from the impact of the Covid 19 pandemic.
We have continued to maintain our heritage and our close links with our community. Members of the Royal Warwickshire Regiment 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 holder, Alfred Wilcox, and the more recent and poignant Ellis Shakespeare Memorial. In December 2023 we had our second Community Carol service since Covid where we welcomed local schools and community leaders to the church, and the very well-attended Christmas Eve candle-lit carol service was a memorable highlight of the year.
Ensuring that our activities deliver our aims
The PCC, staff and clergy regularly review the activities of the parish, looking at the success of each key activity, assessing the benefits to those attending, and planning future activities accordingly. Reference has been made to the Charity Commission's general guidance on public benefit.
Aston and Nechells PCC 2023 annual report and accounts
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The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Trustees’ report for the year ending 31 December 2023 (continued)
Risk management and safeguarding
When any parish activity takes place, especially those which are outside the church building, a risk assessment is undertaken and the activity approved by the PCC. The parish has a safeguarding officer, Rosemary Cripps, who makes a report to each PCC meeting. The parish uses the Diocesan Parish Safeguarding Dashboard to monitor safeguarding training, volunteer recruitment and other aspects pertaining to best safeguarding practice.
Relationships with other charities
The parish has links with charity, CAN DO 4:13 (Charity No 1141676, Company Reg 17508388), which was set up for the alleviation of need in the parish and neighbouring areas. The main activity in which it is involved is the Aston and Nechells Foodbank, which was set up in November 2011.
Fundraising
The parish does not use any professional fundraiser, but relies on the abilities of its members when raising funds is required.
Future plans
The Parish of Aston and Nechells as a charity continues to exist to worship God, love one another and share the good news of Jesus in Aston and Nechells in word and action. 2023 has been a year where the congregations have continued to gain confidence to be back in in person meeting. Looking to the future, we are continuing to review and develop our vision for this next stage in the life of our parish. This will include reviewing how worship is led, re-establishing in-person opportunities to get to know one another better and support one another, and looking at ways in which we can reach out with the good news of Jesus to the local community.
In 2023 we asked our Independent Examiner to review our finances including our financial procedures and he made a number of recommendations, which the PCC adopted and we are now implementing them. As part of this we appointed a finance committee to include the, new treasurer and new bookkeeper as well as the vicar and churchwardens. We also changed our accounting software package. This is all to ensure that our financial procedures are the bes fit for our current and future needs.
A significant challenge in 2023 was a number of burglaries across two of our sites (St Matthew’s and Aston Parish Church). This has involved a lot of volunteer time as well as the cost of covering repeated excess payments. When doing repair work we have improved the security of our building and we are planning to have a security review to see whether there is more we can do to improve security.
During 2023 our project officer applied for funding to refurbish St Matthew’s Hall and this is now being undertaken. We also progressed our plans for reordering Aston Parish Church through holding a public consultation on the architect’s plans. The projects officer is continuing to look at funding to enable us to progress the reordering project.
Reserves policy
It is the parish policy to keep a balance of at least £25,000 across current and short term deposit accounts (£5k in 2022). This will ensure that we have enough for at least three months’ expenses and any emergency expenditure.
The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist.
Aston and Nechells PCC 2023 annual report and accounts
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The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Trustees’ report for the year ending 31 December 2023 (continued)
Financial Review
The principal funding for the parish of Aston and Nechells comes from giving by church members, grants from outside trusts, and income from lettings of parish buildings. The main financial highlights for the year are set out below.
Total income for unrestricted and designated funds was £160,247, of which £85,048 was voluntary income made up of £71,674 from voluntary donations, £12,474 from Gift Aid, and £900 in grants.
The global pandemic caused significant reductions in income from fundraising and hire in 2020; this was redressed somewhat in 2021. This recovery continued strongly in 2022, with hire income increasing to £40,250 from £34,344. In 2023 income for hire of premises increased to £46,156. Fundraising income decreased to £1,753 from £2,530.
£156,295 was spent from unrestricted and designated funds to provide the Christian ministry from the parish of Aston and Nechells. This included a common fund payment of £54,000 (£50k in 2022)
Restricted expenditure in 2023 was £11,586, in 2022 it was £6,876.
There was a net reduction in investments during the year of £2,572. Overall, the CCLA investments performed well, but the closure and transfer of the floor and heating fund £18,433 resulted in the overall reduction.
The net result for the year was an increase in total funds of £9,418, made up £58,563 increase in unrestricted funds, £60,351 decrease in designated funds, £9,188 increase in restricted funds, and a £2,018 increase in endowment funds.
The total fund balances at the year-end stood at £464,547 (unrestricted £58,699, designated £291,620, restricted £90,944, and endowments £23,283).
Comparative figures for 2022 total fund balances £455,129 (unrestricted £136, designated £351,971, restricted £81,756, and endowments £21,265).
Aston and Nechells PCC 2023 annual report and accounts
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The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Trustees’ report for the year ending 31 December 2022 (continued)
Structure, governance and management
Governing document
The Parish of Aston and Nechells is governed by approved documents issued by the Church of England; the Parochial Church Council (Powers) Measure 1956 as amended, and the church representation rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended). The PCC was registered with the Charity Commission on 17 July 2013.
Recruitment and appointment of PCC
The PCC for the parish of Aston and Nechells is made up of elected members of each church who are on the electoral roll at 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 form a direct link between the Bishop and the parish. They see that the PCC carries out its responsibilities for the care, maintenance and insurance of the church, its contents, grounds and other buildings owned by the PCC. They also arrange to inspect the fabric of the church's premises at appropriate intervals and report to the annual parochial church meeting.
PCC induction and training
When the PCC was registered as a charity in 2013, all members of the PCC were taken through their responsibilities as part of the process. When new members join the PCC, these responsibilities will also be outlined to them. As items come up on the agenda, a background summary of the situation will be given to assist discussions.
Organisational structure
The PCC normally meets at least 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 relates specifically to one church to be dealt with.
Parochial Church Council (PCC)
Members of the PCC, who are also trustees for the purposes 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 Rev Giyanow Kaur Associate Priest Cephas France Warden, St James. Geoff Miller Warden, St James. Parish Treasurer from Oct 2023 Joe Lewis Warden, St Peter and St Paul Dennis Cluley Warden, St Peter and St Paul Lynette Alleyne St James to May 2023 Sharon Palmer St James Nigel Cripps St Peter and St Paul Flo Howells St Peter and St Paul Taliya Rubendran St Peter and St Paul to May 2023 Hilary Miller Parish Secretary David Fletcher Parish Treasurer until Oct 2023 Rosemary Cripps St Peter and St Paul – Parish Safeguarding Officer Vrindara Chopra St Peter and St Paul from May 2023
Aston and Nechells PCC 2023 annual report and accounts
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The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Trustees’ report for the year ending 31 December 2023 (continued)
Responsibilities of the members of the PCC
The members of the PCC are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the members of the PCC to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the income and expenditure of the Charity for that period. In preparing the financial statements the members of the PCC are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on an ongoing 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 Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the governing document. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The PCC acknowledges the great amount of sacrificial time and energy given by many in the church, and would like to thank everyone who has contributed to this ministry.
Reference and administrative information
Charity name: The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells (Parish of Aston and Nechells)
Charity registration no: 1152917
Principal office and registered address:
Parish of Aston and Nechells, Witton Lane, Aston, Birmingham B6 6QA
Primary bankers HSBC
Secondary bankers Independent examiner CAF Bank Mr David Harvey TSB Bank 5A Greenfield Road Lloyds Bank Harborne Birmingham B17 0ED
Approved by the PCC on 7 May 2024 and signed on its behalf by:
Rev Dr Fiona Gregson, vicar
William Miller, parish treasurer
Aston and Nechells PCC 2023 annual report and accounts
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The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells
INDEPENDENT EXAMINERS’ REPORT TO THE
MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF ASTON & NECHELLS
I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2023 which are set out on pages 8 to 20.
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 examination of 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 Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
Name: David Harvey 5A Greenfield Road Harborne Birmingham B17 0ED
Aston and Nechells PCC 2023 annual report and accounts
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The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Statement of financial activities for the year ending 31 December 2023
| Unrestricted Designated funds funds |
Restricted Endow'nt Total funds funds funds |
Prior year total funds |
|---|---|---|
| Income and endowments from: note 2a Voluntary income 76,389 8,659 note 2b Activities for generating funds 1,753 - note 2c Investment income 294 15,566 note 2d Church activities 41,657 15,928 |
-307 - 84,742 - - 1,753 984 - 16,844 28 - 57,614 |
74,927 2,350 17,133 47,768 |
| Total income 120,094 40,153 Expenditure on: n. 3a Church activities 114,658 35,909 n. 3b Costs ofgeneratingfunds 233 5,496 |
705 - 160,953 11,585 - 162,152 - - 5,729 |
142,177 140,796 10,442 |
| Total expenditure 114,890 41,405 |
11,585 - 167,881 |
151,238 |
| Net income / (expenditure) resources before transfer 5,204 -1,252 |
-10,880 - -6,928 |
-9,061 |
| Transfers: Gross transfers between funds - in 58,810 46,320 Gross transfers between funds - out -5,451 -111,820 Other recognised gains / losses Gains/losses on investment assets - 6,401 Gains on revaluation,fixed assets,charity's own use - - |
12,469 721 118,320 -1,049 - 118,320 8,648 1,297 16,346 - - - |
2,885 -2,885 42,364 - |
| Net movement in funds 58,563 -60,351 Reconciliation of funds |
9,188 2,018 9,418 |
33,303 |
| Total funds brought forward 136 351,971 |
81,756 21,265 455,129 |
421,825 |
| Total funds carried forward 58,699 291,620 |
90,944 23,283 464,547 |
455,129 |
Aston and Nechells PCC 2023 annual report and accounts
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The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Balance sheet summary as at 31 December 2023
| General | Designated Restricted |
Endow- ment At 31/12/2023 |
At 31/12/2022 |
|
|---|---|---|---|---|
| Fixed assets – note 8 Investment Property Tangible Assets Investments Total Fixed Assets Current assets Debtors – note 11 Cash At Bank And In Hand – note 10 Liabilities Creditors: Due In One Year – note 12 Net current assets less current liabilities Total assets less current liabilities Liabilities Funds of the Parish |
- - 236 |
185,000 - - - 52,449 78,648 |
- 185,000 - - 22,562 153,895 |
185,000 11,804 156,467 |
| 236 | 237,449 78,648 |
22,562 338,895 |
353,271 | |
| 19,785 43,368 |
- - 54,171 12,548 |
- 19,785 721 110,808 |
15,493 95,762 |
|
| 63,153 | 54,171 12,548 |
721 130,593 |
111,256 | |
| 4,690 | - 251 |
- 4,942 |
9,399 | |
| 4,690 | - 251 |
- 4,942 |
9,399 | |
| 58,463 | 54,171 12,296 |
721 125,651 |
101,857 | |
| 58,699 | 291,620 90,944 |
23,283 464,547 |
455,129 | |
| - | - - |
- - |
- | |
| 58,699 | 291,620 90,944 |
23,283 464,547 |
455,129 |
Rev Dr Fiona Gregson, vicar
Aston and Nechells PCC 2023 annual report and accounts
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The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Notes to the accounts
1. Summary of significant account policies
General information and basis of preparation
The financial statements have been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard (FRS) FRS 102 and current Church Accounting Regulations.
The financial statements have been prepared to give a “true and fair” view and have departed from the Charities (Accounts and Reports) regulation 2008 only to the extent required to provide a “true and fair” view. This departure has involved following the Charities SORP FRS 102 published in October 2019 rather than the Accounting and Reporting by Charities Statement of Recommended Practice effective from the 1st April 2005 which has since been withdrawn.
The financial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the Charity and rounded to the nearest £ which may result in some rounding differences.
The Charity constitutes a public benefit entity as defined by FRS102 and is registered as a Charity in England and Wales. Its principal office is Aston Parish Church, Witton Lane, Aston, Birmingham, B6 6QA
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated
Assets
Consecrated and benefice property
Consecrated and benefice property is excluded and not capitalised in the Financial Statements in accordance with the Charities Act 2011.
Fixed assets
Freehold land and buildings used for charitable purposes & investment properties .
The properties are held by the Birmingham Diocese Trustee (BDT) as custodian trustees on behalf of the Charity (as Parochial Church Councils are not allowed by law to own property outright) are revalued from time to time as necessary and have been included in the balance sheet at estimated fair value.
Depreciation, in previous years, has been provided on church equipment on a straight-line method based on the estimated economic life of the asset. There were two assets being depreciated on this basis, a mixer desk and replacement heaters in APC Centre. It was decided that net book values should be written off in 2023
Investments
Investments are recognised at their quoted market price. Unrealised gains or losses are calculated as the difference between the fair value at the year end and their carrying value.
Funds
The financial statements have been prepared using fund accounting, whereby income, expenditure, assets and liabilities are classified by fund. The three types of fund classification present in these accounts are:
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Unrestricted funds (general and designated) :
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a. General funds are available for use at the discretion of the PCC in delivering the aims and objectives of the charity.
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b. Designated funds are funds that have been set aside by the PCC for a particular purpose from the general fund.
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Restricted funds represent grants, donations and legacies received which are allocated by the donor for a specific purpose .
Aston and Nechells PCC 2023 annual report and accounts
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The purpose of funds held by the charity are set out in the notes to the financial statements.
3. Endowment funds represent gifts from an individual where the capital donation cannot be spent, only the income on the intended purpose set out by the donor.
Aston and Nechells PCC 2023 annual report and accounts
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The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Notes to the accounts (continued)
2. Income
| 2. Income | |||
|---|---|---|---|
| INCOME | General Designated funds funds |
Restricted Total funds funds |
Last Year |
| Voluntary income (a) Planned Giving APC Collections at service Donations & appeals Gift Aid VAT Reclaim Grants |
53,859 - - - 6,909 - 3,147 7,759 11,474 - - - - 900 |
- 53,859 179 179 - 6,909 14 10,921 500 11,974 - - - 900 |
46,585 - 6,713 2,938 9,166 5,319 4,205 |
| SubTotal Voluntary income Investment income (b) Bank & deposit interest Dividends Rental Income |
76,389 8,659 294 26 - 540 - 15,000 |
-307 84,742 636 956 348 888 - 15,000 |
74,927 219 1,914 15,000 |
| SubTotal Investment income Activities for generating funds (c) Events Fundraising Regular Fundraising |
294 15,566 1,753 - - - |
984 16,844 - 1,753 - - |
17,133 1,814 536 |
| SubTotal Activities for generating funds Church activities (d) Parochial fees Church / hall hire Other Income |
1,753 - 10,878 - 46,157 355 196 |
- 1,753 - 10,878 - 46,157 28 579 |
2,350 7,378 40,250 140 |
| SubTotal Church activities | 41,657 196 |
28 57,614 |
47,768 |
Aston and Nechells PCC 2023 annual report and accounts
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The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Notes to the accounts (continued)
| Notes to the accounts (continued) | |||
|---|---|---|---|
| 3. Expenditure |
General Designated |
Restricted Total |
Last |
| Church activities (a) Common fund Charitable giving Clergy & staff expenses Vicarage Costs Church staffing Church mission work Mission & Outreach Work Office costs Church Service Costs Church Service Running APC Restoration & Maintenance Church maintenance Cleaning Safety, security & services costs Church Insurance Church utilities Church hall maintenance Church hall utilities Church centre maintenance Church centre utilities Other Expenditure Depreciation |
Fund Fund 54,000 - 3,723 - 670 - - - 15,458 187 - - - - 504 - 1,058 - 393 - 723 2,236 44 - 979 - 1,977 - 14,666 - 16,020 - 2,627 4,564 - 9,578 100 3,578 1,000 3,560 716 401 - 11,804 |
Fund Funds - 54,000 - 3,723 - 670 - - - 15,646 - - - - - 504 - 1,058 - 393 11,525 14,485 - 44 - 979 - 1,977 - 14,666 - 16,020 - 7,191 - 9,578 - 3,678 - 4,560 60 1,177 - 11,804 |
Year 50,000 5,009 2,690 6,138 12,319 1,418 90 892 1,121 450 9,201 1,271 664 2,004 12,859 11,859 5,092 8,899 3,251 2,199 975 2,394 |
| SubTotal Church activities Costs of generating funds (b) Giving costs AP Centre Flat Manor Road Overheads |
114,658 35,909 233 - - - - 5,496 |
11,585 162,152 - 233 - - - 5,496 |
140,796 224 232 9,986 |
| SubTotal Costs ofgenerating funds | 233 5,496 |
- 5,729 |
10,442 |
There may be minor discrepancies in the totals if the pence are not being shown
Aston and Nechells PCC 2023 annual report and accounts
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4. Transfers between funds
During 2023 a review of the funds has been undertaken and St Matthews, APC Centre, Clergy Housing which were all designated have been incorporated in the General Fund.
| GENERAL Out of APC Church Centre Fun |
GENERAL Out of APC Church Centre Fun |
DESIGNATED RESTRICTED (12,876.00) |
DESIGNATED RESTRICTED (12,876.00) |
ENDOW MENT |
|---|---|---|---|---|
| Out of APC Church Centre Fun | ||||
| Into General Fund | 12,876.00 | |||
| Out of ClergyHousing | (17,416.00) | |||
| Into General | 17,416.00 | |||
| Out of St Matts Comm. Hall | (23,789.00) | |||
| Into General | 23,789.00 |
Aston and Nechells PCC 2023 annual report and accounts
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The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Notes to the accounts (continued)
5. Unrestricted fund movements
| 5.Unrestricted fund movements | |||
|---|---|---|---|
| Fund balances |
Incoming Outgoing |
Transfers Gains and |
Fund balances |
| brought forward |
Resources Resources |
Losses | Carried forward |
| Unrestricted General - General fund 136 Sub-totals 136 |
120,094 114,890 120,094 114,890 |
53,359 - 53,359 - |
58,699 |
| 58,699 | |||
| Designated Amy Rice Fund 13,399 APC Church Centre Fund 7,990 Hawthorne Fund 22,376 Restoration Maintenance Fund 24,098 Clergy Housing Fund 13,447 MD - Mixer Desk 2,700 68 Manor Road 185,000 Pauline Whitehead Legacy 14,011 RB - Restoration - Bells 60 Floor & Heating - RO - Restoration - Organ 587 St James Building Fund 4,789 St Matts Community Hall Fund 22,191 Suez - Heaters APC Centre 9,104 Traidcraft Store 1,683 Winifred Fund 30,534 Sub-totals 351,971 |
401 - 12,104 7,218 - - 318 2,321 9,526 5,556 - 2,700 - - - - - - 190 - - - 1,512 - 16,103 14,505 - 9,104 - - - - 40,153 41,405 |
-401 1,272 -12,876 - -5,326 953 -10,064 - -17,416 - - - - - -738 - -60 - 7,440 - -587 - - 314 -23,789 - - - -1,683 - - 3,863 -65,500 6,401 |
14,671 - 18,003 12,031 - - 185,000 13,274 - 7,630 - 6,615 - - - 34,397 |
| 291,620 |
The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Notes to the accounts (continued) Unrestricted fund purposes:
General Fund:
- ➢ Available for use at the discretion of the PCC in delivering its aims and objectives.
Designated Funds:
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➢ Amy Rice Fund is a bequest from a member of the congregation for Aston Parish Church.
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➢ APC Hawthorne Fund was the result of a legacy from an individual.
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➢ APC Floor and Heating Fund for the development and replacement of the floor and installation of new heating.
-
➢ APC Pauline Whitehead Legacy was the result of a legacy from an individual.
-
➢ Winifred Fund was the result of a gift from an individual.
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➢ St James’s Building Fund is used towards the maintenance of St James’s Church.
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➢ APC Restoration Fund is used for the maintenance and restoration of Aston Parish Church.
-
these funds are held in CAF Restoration Account
Aston and Nechells PCC 2023 annual report and accounts
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The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Notes to the accounts (continued)
6. Restricted fund movements
| 6. Restricted fund movements |
|||
|---|---|---|---|
| Fund Fund balances Incoming |
Outgoing | Transfers Gains and |
Fund balances |
| brought forward Resources 8th Battn Royal Warwickshire 28,370 - APC Restoration - 665 Allen Short Bell Fund 11,046 348 HB - Hymn Books 656 - Khotra Fund 4,081 179 Malawi - Malawi 67 - RB - Restoration – Bells* 1,154 - RFR - Restoration - Floor 500 -500 RS - Restoration - Spire 2 - Somme Fund 5,398 - Tithe Redemption 26,799 - Toilet Refurbishment 131 - Weaver Fund 3,488 - War Memorial & Centenary 65 14 |
Resources - 5,711 - - 60 - - 5,814 - - - - - - |
Losses 311 3,593 4,325 721 688 635 - - 550 - -67 - 60 - 5,814 - -2 - - - - 3,390 -131 - -50 308 -79 - |
Carried forward 32,275 - 12,716 656 4,749 - 1,214 - - 5,398 30,190 - 3,747 - |
| Sub-totals 81,756 705 |
11,585 | 11,420 8,648 |
90,944 |
| Endowment Feeney Endowment 13,668 - Higgins Endowment 7,598 - |
- - |
- 1,297 721 - |
14,965 8,319 |
| Sub-totals 21,265 - |
- | 721 1,297 |
23,283 |
- This fund is held in CAF Restoration Account
Aston and Nechells PCC 2023 annual report and accounts
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The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Notes to the accounts (continued)
Restricted fund purposes:
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➢ 8th Battalion Royal Warwickshire Regimental Fund is the result of public fundraising for the conservation of the war memorials.
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➢ Allen Short Memorial Bell Fund was a bequest towards the conservation of the bells.
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➢ Khotra Fund was originally towards building a church in India,and is now mainly being used to maintain and improve it.
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➢ Hymn Book Fund is towards purchasing of new hymnbooks as and when required.
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➢ Somme Fund is towards the Somme centenary celebrations.
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➢ Tithe Redemption Fund is towards repair to the church chancel.
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➢ Weaver Fund is towards Youth Work at Aston Parish Church.
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➢ APC Restoration Fund is towards the maintenance and restoration of Aston Parish Church.
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➢ APC Restoration - Bells is a fund towards the maintenance and upkeep of the bells at Aston Parish Church.
Endowment fund purposes:
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➢ Feeney Endowment Fund for the repair of the Chancel and Chapel of the Parish Church of Aston and the Feeney monument and fittings in said church.
-
➢ Higgins Endowment Fund is Mr Alfred Higgins’ gift in memory of his wife Annie, the sum to be invested to provide the capital to purchase new hymnbooks
Aston and Nechells PCC 2023 annual report and accounts
18
The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Notes to the accounts (continued)
7. Staff costs
| . Staff costs | |
|---|---|
| Wages and salaries Social Security costs Pension costs |
2023 total 2022 Total 15,240 11,888 264 288 142 142 |
| 15,646 12,318 |
The average number of employees 2 2
During the year, no employee earned £60,000 per annum or more.
8. Fixed assets for use by PCC
| . Fixed assets for use by PCC | ||
|---|---|---|
| Cost or Valuation At 1 January 2022 Additions Revaluation gain / (loss) At 31 December 2022 Depreciation At 1 January 2023 Charge for year Disposal Net book value At 31 December 2023 |
Curate’s house Heater 185,000 9,104 — — — — |
Mixer Total 2,700 196,804 — — — — |
| 185,000 9,104 |
2,703 196,804 |
|
| — 9,104 — — — |
2,700 11,804 — — |
|
| — 9,104 |
2,700 11,804 |
|
| 185,000 nil |
nil 185,000 |
Aston and Nechells PCC 2023 annual report and accounts
19
The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Notes to the accounts (continued)
9. Investments
| CCLA Higgins Endowment CCLA Feeney Endowment CCLA Allen Short Memorial Bell CCLA Winifred CCLA Amy Rice Bequest CCLA St James Building CCLA Tithe Redemption CCLA 8th Battn Royal Warwickshire CCLA APC Floor and Heating CCLA Weaver |
Market value – 1 January 2023 Additions/Closures Revaluation gain / (loss) Market value – 31 December 2023 7,598 — 721 8,319 13,668 — 1,297 14,965 11,614 — 1,102 12,716 30,534 — 3,863 34,397 13,399 — 1,272 14,671 3,303 — 314 3,617 26,799 — 3,391 30,190 28,681 — 3,594 32,275 18,433 (18,433) — Fund closed 2,438 — 308 2,746 |
|---|---|
| 156,467 (18,433) 15,862 153,896 |
10. Cash at bank and in hand
| Current account (APC and St James’s) Current account (St Matthew’s Hall) Current account (APC Church Centre) Petty cash Short-Term deposits HSBC deposit account CCLA 2181D CCLA 7001D Diocesan decorating fund Group / fund accounts: CAF APC Restoration Account CAF Clergy Housing Account CAF Weaver CAF Khotra Total cash at bank and in hand |
2023 total 2022 total 5,994 6,631 11,664 11,028 9,887 6,865 — 65 |
|---|---|
| 27,545 24,589 4,887 4,814 270 261 3,656 3,543 — 4,142 |
|
| 8,813 12,760 52,150 44,778 17,551 9,305 — — 4,749 4,331 |
|
| 74,450 58,414 |
|
| 110,808 95,762 |
Aston and Nechells PCC 2023 annual report and accounts
20
The Parochial Church Council of the Ecclesiastical Parish of Aston and Nechells Notes to the accounts (continued)
11. Debtors
| Trade debtors Other debtors Total prepayments Total Debtors and Prepayments |
2023 total 2022 total 10,285 4,508 9,500 10,911 -- 75 19,785 15,493 |
|---|---|
12. Creditors
| Church liabilities: Other creditors Accruals Agency collections Total liabilities Deferred income Total liabilities and deferred Income |
2023 total 2022 total 377 931 4,314 6,686 251 581 4,942 8,199 -- 1,200 4.942 9,399 |
|---|---|
13. Connected party transactions
The charity’s trustees and some relatives of those trustees are members of the congregation and therefore make donations in the form of regular giving or donations to the PCC like other members of the congregation. The total given in 2023 amounted to £28,110 (£20,162 in 2022).
No donations had any conditions attached to them and therefore did not alter the nature of any of our activities. No payments were made to anyone for being a Trustee
Other payments made to PCC members, their families, or organisations to which they are connected are detailed below.
Revd Dr Fiona Gregson £431 (£171in 2022) Sam Evans salary £10,957 - son in law of David Fletcher (£10,266 in 2022) Sharon Cluley salary £702 - wife of Dennis Cluley(£2,048 in 2022) Giyanow Kayla
£850.00 cleaning charges paid to Giyanow Kayla or Juli Kaler for distribution to those who cleaned including Mari Kaler and Juli Kaler (£3,209 in 2022)
Aston and Nechells PCC 2023 annual report and accounts