# **The Parochial Church Council**
## **of the**
**Ecclesiastical Parish of North Abingdon**
**Registered Charity No. 1153844**
**Annual Report**
**and**
**Financial Statements**
**1 January to 31 December 2023**
## **Table of Contents**
|**Administrative Information**|**2**|
|---|---|
|**Structure, Governance and Management**|**3**|
|**Objectives and Activities**|**5**|
|-
**_Volunteers_**|**6**|
|-
**_Grant-making_**|**6**|
|-
**_Public Benefit_**|**6**|
|**Achievements and Performance**||
|-
**_Review of the Year_**|**6**|
|-
**_Staffing_**|**9**|
|-
**_Membership and Attendance_**|**10**|
|**_- PCC and Standing Committee Meetings_**|**10**|
|**Financial Review**||
|-
**_Unrestricted income and expenditure_**|**11**|
|-
**_Restricted income and expenditure_**|**11**|
|-
**_The Barns Café Limited_**|**11**|
|-
**_Reserves_**|**11**|
|**Future Plans**|**11**|
|**Statement of Trustees’ Responsibility**|**12**|
|**Independent Examiner’s Report**|**13**|
|**Statement of Financial Activities**|**14**|
|**Balance Sheet**|**15**|
|**Statement of Cash Flows**|**16**|
|**Notes to the Accounts**|**17**|
## **Administrative Information**
The Parish of North Abingdon is part of the Diocese of Oxford within the Church of England Correspondence address: Christ Church, Northcourt Road, Abingdon, Oxfordshire OX14 1PL Website: www.cca.uk.net
Bankers: NatWest, 11 Market Place, Abingdon, Oxfordshire OX14 3HH Independent Examiners: Wenn Townsend, Victoria House, 10 Broad Street, Abingdon, Oxfordshire OX14 3LH The Parochial Church Council of the Ecclesiastical Parish of North Abingdon is a charity registered with the Charity Commission, charity number 1153844
## **Trustees**
The following served as members of the Parochial Church Council (PCC) during 2023, or part thereof.
|Incumbent|Revd Keith Dunnett|Inducted as Vicar on 3 July 2018|
|---|---|---|
|Clergy|Revd Kath Cooke|Inducted as Associate Vicar on 3 July 2018|
||Revd Phil Cooke|Inducted as Associate Vicar on 3 July 2018|
||Revd Andrew Gilmour|Ordained as Curate on 03 July 2022|
||Revd Ros Steel|Ordained as Curate on 03 July 2022|
|LLM Representatives|Miss Anne Taylor||
|Wardens|Mr Andrew Lowe|Elected as Warden Jan 2021|
||Dr Cherry Tweed|Elected as Warden April 2022|
|Deanery Synod|Mr Martin Steel|From April 2017, re-elected Treasurer April 2023|
||Mr Ben Jeapes|From Oct 2020, re-elected Secretary April 2023|
||Dr Sue Robbins|From Oct 2020|
||Dr Jeremy Fry|From Oct 2020|
||Dr Penelope Smith|From Oct 2020|
||Mr Eric Graham|From April 2023|
||Mr Roland Knight|From April 2023|
||Col Emil Jeevaratnam|From April 2023, Lay Member from Oct 2020|
|ted Lay Members|Mrs Val Challis|From April 2017|
||Mr Philip Bingham|From April 2018, re-elected Vice-Chair and Deputy|
|||Warden April 2023|
||Mrs Hilary Beale|From April 2019, re-elected Deputy Warden April 2023|
||Mr Andy Voyce|From Oct 2020 to April 2023|
||Mr Andrew Kitchener|From Oct 2020 to April 2023|
||Mr James Ross|From April 2022|
||Mr Nalin Kadodwala|From April 2022|
||Dr David Hancock|From April 2022|
||Mrs Lesley Chapman|From April 2022|
||Mrs Sandra Pell|From April 2022|
||Mrs Sarah Smith (nee|From April 2022|
||Bromley)||
||Mrs Maureen Weston|From April 2023|
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Mr David Greenaway From April 2023 Mrs Elizabeth Bance From April 2023 Ms Deborah Kong From April 2023 Mrs Ruthy Trevitt From April 2023 Mr Vinoth Gurusamy Co-opted From April 2023
Mr Brian Privett From Oct 2022 to July 2023 when Brian died. We give heartfelt thanks for all his contribution to CCA both on and off our PCC.
## **Structure, Governance and Management**
The Parochial Church Council (PCC) of the Parish of North Abingdon is responsible for the activities at Christ Church, operating on two sites in North Abingdon (the church site on Northcourt Road, and at Long Furlong Primary School).
The Peachcroft Christian Centre is located within the Parish of North Abingdon. It is an ecumenical church, recognized by the Baptist Union, the Church of England, the Methodist Church and the United Reformed Church. The incumbent of Christ Church and a former churchwarden sat on the Joint Council of the Peachcroft Christian Centre during 2019. However, the Peachcroft Christian Centre is independent of the PCC and its activities and finances are not included in this report.
The PCC is a corporate body established by the Church of England and registered with the Charity Commission. The governing documents for the PCC are the Parochial Church Council Powers Measure 1956 as amended and the Church Representation and Ministers Measure 2019 and the associated Church Representation Rules 2020.
Trustees of the PCC are either _ex officio_ or lay members who are elected in accordance with the provisions of the Church Representation Rules. Lay members are elected at the Annual Parochial Church Meeting (APCM) held in April. Elected lay members serve for a three-year term, with approximately one-third retiring each year. All eligible church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. On appointment, PCC members receive a document which outlines their legal responsibilities as trustees. In addition, the Chairman provides an introduction to the structures of the Church of England and the role of the PCC during its first meeting following the APCM.
The _Standing Committee_ (comprising the Incumbent (Vicar), Associate Vicars, church wardens, deputy wardens and treasurer) has power to transact the business of the PCC between its meetings, subject to any directions given by the PCC.
The PCC operates through a number of Working Groups, which meet as required between full meetings of the PCC. The chair of each Group is responsible for reporting back to the PCC, but need not be a member of the PCC. Other members of the Working Groups may be from the PCC or from the wider church body.
- The _Mission Support Group_ (MSG) manages the budget and other support given to mission partners working overseas and in the UK and short-term mission activities by church members. The MSG seeks to
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raise awareness of the world-wide church and to encourage every member of the church to participate through prayer, giving or direct involvement
- The _Health and Safety Group_ monitors all matters relating to health and safety and ensures that relevant policies are kept up to date and risk assessments carried out
- The _Social Justice Group_ was established to focus on ensuring that Christ Church delivers on its vision of being “compelled by love, gospel centered, kingdom focused, welcoming to all and passionate about justice”
- The _Eco Church Group_ was established in 2017 to guide the church in ways of living that care for creation
- The _Buildings Group_ is currently led by the Operations Manager, supported by the the rest of the Standing Committee and the Buildings Adviser
- The _Foodbank Working Group/Foodbank Steering Group_ is responsible for the operational and financial activities of the Foodbank and operates using guidance from the Trussell Trust with whom we established a relationship in 2020. Periodic reports are made back to the wider PCC for the purposes of transparency and governance
- The _Kingsgate Missional Community_ was established to seek God's ongoing leading for the new estates, beyond the Dunmore Road. House-to-house visiting has been taking place throughout the year and several social events have been held
- The _Long Furlong Leadership team_ supports the Associate Vicar in leadership of the Long Furlong congregation
The Barns Cafe is established as a separate company with its own board of Directors. The Vicar and churchwardens act as Directors of the cafe.
The day-to-day operations of the church are delegated to the staff team employed by the PCC under the direction of the Incumbent or, in his absence, by the Associate Vicars. The Operations Manager continues to provide capacity to manage the site, other church properties and to undertake maintenance and capital projects. It has also provided additional capacity to deliver central support functions in areas such as administration, HR, ICT and Health and Safety (see above).
The PCC is exposed to risks associated with buildings, finance, legislative compliance and health and safety.
- Buildings are insured and regularly inspected. The PCC continues to budget for and carry out a rolling programme of repairs and maintenance. The Long Furlong congregation meet weekly in Long Furlong Primary School (under a formal Transfer of Control Agreement entered into by the School and the PCC) with the children’s work taking place in the nearby Long Furlong Community Centre. These arrangements have worked well for many years and continue to be of mutual benefit
- Finances are managed by the parish treasurer within a budget approved by the PCC and performance is regularly reported to the PCC. Appropriate financial controls are in place. The majority of our income comes, under God, from the regular giving of our current members, so the importance of prayer and also communication with donors is recognised. Traditionally, early each financial year, the church designates a Sunday to support church members to consider how they can steward the financial resources available to them. As part of this, the congregation is asked to review their financial support for the work of the church and use of the Parish Giving Scheme is strongly encouraged. This Giving Sunday was suspended
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during the COVID pandemic. However, information on financial performance is reported to the congregation at the autumn meeting and at the APCM
- Legislative compliance. The PCC is committed to fully meeting its responsibilities relating to Health and Safety, Data Protection, Safeguarding, employment law and other pertinent legislation
- Policies are in place for Safeguarding of Children and Vulnerable adults, use of Social Media and Video Conferencing in Children and Youth Work, Mentoring for Youth Work, Data Protection and Health and Safety. These policies are available at Safeguarding and other policies at Christ Church Abingdon (cca.uk.net)
- The Barns Café Ltd follows the _Safer Food, Better Business_ food management system. The operations, systems and procedures of the Barns Café have maintained a 5 star rating since 2013 with the most recent inspection in September 2021: standards are also monitored between inspection visits by local authority environmental health. All staff and volunteers are appropriately trained in food safety and preparation, and receive training in health and safety procedures. Staff and supervisors are also trained in first aid. To mitigate risks to the PCC, the Barns Café Ltd is incorporated as a Private Limited Company (Company No. 08794014), with the PCC of the Parish of North Abingdon as the sole shareholder. The Vicar and wardens are _ex-officio_ directors with up to three others appointed by the shareholder at PCC meetings
The charity trustees have considered the major risks to which the charity is exposed and have reviewed those risks and established systems and procedures to manage those risks.
## **Objectives and Activities**
The main objective of the PCC is (in accordance with the Parochial Church Council (Powers) Measure 1956 as amended) to cooperate with the incumbent in promoting the whole mission of the Church; pastoral, evangelistic, social and ecumenical.
The main areas of activity are:
- Regular public worship, open to all
- The provision of sacred space for personal prayer and contemplation
- Pastoral work, including visiting the sick and the bereaved
- Teaching of Christianity through sermons, courses and small groups
- Taking of religious assemblies in schools
- Promotion of Christianity through the staging of events and meetings and the distribution of literature
- The provision of Christian youth activities
- Promoting the whole mission of the Church through provision of activities for senior citizens, parents and toddlers and other groups
- Supporting other Christian charities in the UK and overseas
- To provide a service to the community by allowing local groups to hire rooms on the site for their legitimate activities
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God has called the church to face outwards, engaging with and serving the local community. As well as our Sunday Services to which we welcome all, in person and through live streaming services, our primary outreach ministries are the Foodbank, run in partnership with The Vineyard Church in South Abingdon, and part of the Trussell Trust, and the Barns Cafe.
We are committed to seeing God’s Kingdom extended beyond Abingdon through our Mission Partners. Throughout the 63 years since Christ Church was founded there has been a steady stream of members of our congregations called to various forms of mission service. We have an active Mission Support Group. In 2023 the budget for support for our mission partners and gap-year mission volunteers was £89,000, around 15% of the total church budget.
## **Volunteers**
Since its inception, Christ Church has had a strong tradition of lay involvement and leadership in all areas of ministry. Church members are actively encouraged and equipped to grow as disciples of Jesus: to develop and use their gifts, skills and passions, spending time with Him, and being sent out by Him. The PCC recognises and greatly appreciates the essential contributions made by a large number of volunteers in giving time, money, skills and other resources to the life of the church, for example leading services, preaching, worship, children’s work, youth work, Foodbank, the Barns Cafe, Prime Time, pastoral ministry, setting up Long Furlong School each week, hospitality, welcome and many other areas of church life: as noted above, the church has identified around 100 such areas. Volunteer numbers have started to increase again, but it is worthy of note that volunteers in day time ministry areas is an area of concern.
## **Grant-making**
The PCC believes that it is right to use part of our income to support people and projects engaged in Christian mission outside the parish. Through the Church in Abingdon, an organisation consisting of multi-denominational Churches across the Abingdon area, we contribute to mission and social action projects around Abingdon. Through the Mission Support Group, we use approximately 15% of our income to support ten long-term mission partners.
## **Public Benefit**
The PCC is aware of the Charity Commission’s guidance on public benefit in “The Advancement of Religion for the Public Benefit” and has regard to it in their administration of the Parish. Examples of this public benefit can be found in the activities reported above and other parts of this report.
## **Achievements and Performance**
## **Review of the Year**
Sunday service patterns have operated normally in 2023, with a continuation of merging morning services at Northcourt Road during term end holidays (Christmas, Easter, Summer). Attendance has continued to increase and numbers attending the 9.30 service are now back to pre-covid levels.
Our online livestream services have continued to attract a smaller, but consistent number of views, and are particularly valued by those with health or mobility challenges. It has also enabled regular worshippers to catch up during the week and live streaming has now become a conscious and purposeful method of outreach. The Long Furlong congregation has continued to stream its services over Zoom. This has enabled the vulnerable
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members of the congregation to continue to participate in church life, including reading the lesson and occasionally even preaching via Zoom.
Life groups are at the heart of Church life - meeting both in homes and on the church site during the week. There are currently 21 groups at NCR and 6 at Long Furlong, plus two missional communities and a Local Houses of Prayer group. These groups are co-ordinated by Maureen Weston at Northcourt Road and Andrew and Gill Turner at Long Furlong. These continue to flourish and are a key part of our individual journeys in faith and a great way to deepen friendships and pray for one another.
Volunteer numbers have increased, but are still not at a level that allows all our ministries to flourish. On a Sunday, Worship and Tech Team rotas have been tight, and day time ministry areas have access to only a small pool of available volunteers due to work and family commitments.
Children and Youth have had another busy year. Numbers of children and youth have not recovered since covid, and indeed mirror the downward trend seen across the diocese and nationally. In both Children and Youth teams there continues to be opportunities for outreach - prayer spaces and assemblies in primary schools reach up to 420 and 950 children respectively. In the Youth team, a new relationship with Abingdon & Witney College has enabled us to engage with chaplaincy there and we look forward to how God works in this new area.
A big thank you goes to Katrina Hancock who provided significant cover for Youth work during the 8 month gap following Bea’s departure. Alongside the rest of the Youth volunteer team, Katrina provided support and teaching and fellowship for our Youth which we are very grateful for.
We welcomed Abi Pike as our Youth Pastor in August - she has made an excellent start, building strong relationships with the staff and volunteer team, parents and the youth alike.
The Children’s ministry, led by Heather, has had another busy year, with Prayer Spaces at local schools being a key success enabling us to make connections with children and their families outside of CCA. Heather has conducted a vision process in the later stages of 2023 to help form what we’d like to do in 2024.
At the end of the year, Anne Taylor stood down as coordinator of the children’s work at Long Furlong, after ten years in the role. We are grateful to Anne for her dedicated service.
The Barns Cafe turned a corner in 2023. The vision of being a welcoming place that demonstrates the love of Jesus, and runs successfully as a business, has come to fruition again following the pandemic. The Barns Café increased its trading days in 2023, including opening on Saturdays, enabled by a team of dedicated staff and volunteers for whom we are truly grateful and blessed to have. The cafe is now open for more hours each week than it has in its 10 year history. Mid year Phil Adams, Cafe Manager, moved to a new role as Operations Manager at CCA. Annie Brooke, one of our supervisors, successfully interviewed for, and replaced Phil as Cafe Manager. Annie has taken the opportunity to reshape the menu and focus on gross margins. Alongside a general increase in footfall and average transaction value, we have seen daily takings increase and we are pleased with the resulting modest financial surplus for the year. The cafe remains a key community outreach ministry, and provides a welcoming ‘front door’ to Christ Church in general. The cafe’s vision remains to be a welcoming place that is a pleasure to come to; which demonstrates the love and values of Jesus; and which succeeds as a business. We continue to see the Cafe providing a gateway to Christ Church for us; it is a great place where our ministries come together and connections are made, across Foodbank, midweek onsite groups and so on. After much prayer we have been blessed with an increase in volunteers and income enabling us to continue to operate sustainably.
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The Foodbank continues to provide a lifeline to those individuals and families impacted by high energy prices and high inflation. We continue to see an increase in both referrals and ‘walk up’ attendance driven by this. At Easter, Hilary Beale stood down as Foodbank Manager after many years of volunteering in this role. Following a recruitment process, Ruth Atkins joined the Staff Team, replacing Hilary. Alongside the Abingdon Foodbank team, she has continued to manage the operational aspects of the role and has increased engagement with local organisations to encourage further giving. God continues to work in this area, bringing very generous donations from individuals and organisations, and volunteers to help.
During 2023 the Foodbank prepared and distributed 6,973 parcels (4,162 adults and 2,811 children) this is a 187% per cent increase from 2022. People served include single people (some homeless); many adults, single or couples with poorly paid or intermittent work; many families, where health issues leave one member caring for another, often across three generations; young, single parent families, and those escaping domestic violence; individuals with poor mental health. This year, refugees and asylum seekers continued to be noticeable.
In the year we had opportunities for community engagement and this included attendance at:
- Charity event to mark the centenary of MG cars
- Waitrose
- Church services
- Brownies and cubs
- Job Centre Plus
- Pets At Home store
- Women’s Institute meetings
- Frilford Golf Club
- BBC Radio Oxford Cost of living clinic in Abingdon market place
- The I, Daniel Blake show at the Playhouse in Oxford
- The Diversity dance show at the New Theatre in Oxford
Layla Moran, MP visited the foodbank in September and she met with volunteers and spoke to two clients. We were able to provide her with data about foodbank usage and raise the profile of the work of the Trussell Trust.
We secured a winter grant of £2,500 from the Vale of White Horse District Council and £3,000 from the Pye’s Charitable Settlement. We used this to buy winter warmer items for our clients: gloves, hats, blankets, Snoodies, flasks, air fryers and slow cookers.
We have appreciated the many financial and food donations which were made to the Foodbank during the year – it makes a real difference to what we can provide to our clients. The commitment from the volunteers has been amazing and we would not be able to run without them.
The Kings Gate missional community, established to support the building of community in the New Housing Estates, has continued to grow with door to door activities to invite residents to events, including coffee and cake events in the summer and caroling at Christmas. We look forward to seeing how this may grow as the new housing estates across the North of Abingdon continue to be built and populated.
The wide range of ministries offered by the church has continued, including
- **Link and Singing Circle** for parents and carers of pre-school young children
- Several groups offering **Coffee** and Fellowship on church premises or in homes
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- **Roots,** our gathering for those in their 20s-30s, led by one of our curates
- **60+,** an umbrella ministry gathering together a range of groups aimed at this age groups, including a fortnightly midweek older people’s service called Thursday Fellowship, termly socials, an annual Christmas meal
- **Footprints** , a group for those who have been bereaved, which meets monthly drawing in people from across the community
- **Men@CCA** and **Women@CCA** which offer several gatherings a year for men and women, such as Saturday Breakfast with a speaker, an annual quiz, BBQ, Middle Eastern food with a visiting speaker, and prayer triplets
- a **mentoring** scheme, with trained mentors offering to walk alongside church members on a 1:1 basis during particular seasons in their life
- a monthly **Cake and Create** group, a fortnightly **Board Games** group, a monthly **Church Walks** group
- **Revival,** which organises prayer evenings and holds worship events in the market place
- the weekly welcome for Ukrainian refugees, which has now evolved into a **weekly International Café** , run in partnership with a local charity called Host Abingdon
There have also been several special events during the year. Highlights included
- A 24/7 prayer week in May, providing lots of opportunities for everyone to engage in praise and prayer
- A baptism/confirmation service in June when Bishop Gavin Collins joined us in the church at NCR to celebrate the baptism/confirmation of a variety of folk who are new to faith, returning to faith or developing their faith
- a (not very far) AwayDay in July, for our Long Furlong congregation, with the theme ‘Roots Down, Branches Out’, attended by more than 100 people
- the reintroduction of Church-wide termly prayer evenings in September
- a very successful Alpha course from September to Christmas, which has since seen the creation of a new home group for those attendees who want to continue to explore their new or emerging faith
- a review of our prayer life by the PCC as part of a specific focus on the prayer elements of our vision, signposting all the prayer opportunities that already exist across the Church
- successful key events for our children and youth with the Youth Weekend Away and the Holiday Club continuing to be well attended and reaching out beyond the boundaries of our own Church family
## **Staffing**
The PCC greatly appreciates the dedication of the church’s staff team, paid staff, self-funding staff members and those working for the church on placements. Several changes in the year are noted here:
Hilary Beale stood down from the role of Foodbank Manager and has been replaced by Ruth Atkins.
We welcomed Abi Pike in September, who joined us as Youth Pastor.
Stephanie Addenbrooke took maternity leave from her role as Associate Youth Pastor, with Shannon McCairns extending her hours to provide administrative support as Associate Youth Coordinator. Subsequently Stephanie resigned from her role.
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Clint McVea left the role of Operations Manager in June. Phil Adams successfully applied for the role and moved into the position in July. Annie Brooke was promoted from Supervisor to Cafe Manager and Mo Croasdale joined us to replace Annie as a supervisor in October.
In November, we were sorry to say farewell to Kath and Phil Cooke who were moving on after 7 years as Associate Vicar. Their loss is felt particularly keenly by the Long Furlong congregation.
Jan Hayward stepped down from the voluntary role of Worship Pastor after 3 years.
We give the deepest thanks and gratitude to all those who have provided so many years of service to God and to our Church.
Workloads of our staff and volunteer leaders remain under scrutiny with plans in 2024 to conduct a deeper review of our structures and culture to enable us all to flourish in our roles and responsibilities.
## **Membership and Attendance**
As of April 2023, the Electoral Roll (formal membership) of Christ Church was 448 adults with a further 17 Anglican adult members based at the Peachcroft Christian Centre, giving a total of 465 adults for the Parish of North Abingdon. This is 8 adults down on the last roll count in April 2022, 7 of which were from Peachcroft Christian Centre.
Physical attendance on both sites has now returned to normal, although it is noticeable that the mix of adults and young people has shifted, with fewer young people attending services. This reflects the national picture. At Northcourt Road, typically the 9.30 Sunday morning service attracted around 120 physical attendees (plus Children and youth), and around 50 live streaming devices on YouTube (a number which can get to 200 during the week as people catch up). The 11.20 service had a typical attendance of 50-60. Attendance at the 6:30 service has averaged about 60.
Sunday attendance at Long Furlong is still slightly below pre- Coronavirus levels , with numbers of around 120 each week, including those joining the service via Zoom.
## **PCC and Standing Committee Meetings**
The day-to-day leadership and management of the church is largely delegated to the staff team, wardens, ministry and activity leaders, enabling the PCC to focus on matters of policy and strategic direction. PCC meetings also include time for reflecting on God’s word and prayer for the life of the church. Full PCC meetings take place 6 times a year. The Standing Committee also meets 6 times a year, with meetings taking place in between PCC meetings. The AGM (APCM) takes place annually around Easter-time.
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## **Financial Review**
## **Unrestricted income and expenditure**
The majority of our income comes from the generous giving of members, and whilst some had to reduce their giving because of the continuing cost of living crisis, others were able to increase theirs resulting in an increase in voluntary income to £537,000 (2022: £532,000). Income from investments increased to £48,000 (2022: £22,000) reflecting higher interest rates paid on short term deposits and rent now received on a house previously used by the youth pastor, and income from church activities increased to £56,000 (2022: £42,000) largely due to a continued recovery in Church Hall lettings. Expenditure was higher than the previous year at £627,000 (2022: £602,000) reflecting an increase in church heating costs and additional depreciation offset by reduced salaries due to staff team vacancies. The unrestricted surplus for the year before gains (losses) on investments was £13,000 (2022: deficit of £6,000), and the net movement in funds was an increase of £40,000 (2022: decrease of £30,000) due to a gain on investments this year of £13,000 (2022: a loss of £8,000), a transfer from the restricted fund this year of £14,000 (2022: £Nil) and no impairment or write back of share capital or loans to subsidiary undertakings this year (2022: a net impairment loss of £15,000).
## **Restricted income and expenditure**
The continuing cost of living crisis resulted in the Abingdon Foodbank experiencing its greatest number of referrals during the year, but support from both the community and Church members remained strong with gifts of not only food but also financial donations which, together with Gift Aid where appropriate, totaled £164,000 (2022: £122,000). This enabled the Foodbank to not only continue to employ a part time coordinator but also employ a part time manager this year following the retirement of Hilary Beale who was instrumental in setting up and running the Foodbank since its inception. The surplus for all restricted funds for the year after transfers was £68,000 (2022: £80,000).
## **The Barns Café Limited**
The PCC is the sole shareholder of The Barns Café Limited whose results are filed with Companies House and are not included in these Financial Statements. The share capital remains at £25,000 (it was increased to this in 2022 and it was able to repay a £10,000 loan in 2022). The share capital is fully impaired at the balance sheet date (as it was at the previous balance sheet date).
## **Reserves**
The PCC is required to operate on a going concern basis and hold reserves equivalent to at least 2 months’ general running costs plus an additional month’s payroll costs. The accounts show that reserves remain above this minimum.
## **Future Plans**
We will
- Conduct a full structural review of Christ Church, covering leadership, management and culture, using external consultancy to facilitate this process
- Recruit a new Associate Vicar, replacing Kath Cooke, taking the opportunity to review the key responsibilities and person specification to ensure it meets the needs of the parish
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- Continue to discern what Living in Love and Faith means for Christ Church, opening up the conversation beyond the PCC
- Review the Worship Pastor role and discern the best approach to fulfilling the responsibilities this post holds
- Establish a dedicated trustee body for Abingdon Foodbank and work towards Charitable Incorporated Organisation status
- Continue to develop emerging missional communities and how we can best serve newcomers to the North Abingdon housing development
- Continue to manage our estate is a way that honors the historic nature of our buildings, improves accessibility and reduces our impact on the environment
We are also very mindful of the breadth and depth of work being done across our staff and volunteer teams. We need always to reflect and pray about our ambitions for the year ahead and seek God’s wisdom on priorities for His Church and Kingdom.
## **Statement of Trustees’ Responsibility**
The trustees are responsible for preparing the Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Principles).
The law applicable to charities in England & Wales requires the trustees 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 incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgments and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping 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 and trust deed.
The trustees 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 risks to the charity.
This report was approved by the Trustees on 4[th] March 2024 and signed on their behalf by
**Philip Bingham** Vice-Chair of Trustees
**Revd Keith Dunnett** Incumbent
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## **Independent Examiner’s Report**
Independent Examiner’s Report to the Trustees and Members of North Abingdon PCC, Christ Church on the accounts for the year ending 31 December 2023, Charity No 1153844
I report to the charity trustees on my examination of the accounts of the company for the year ended 31[st] December 2023 which are set out on pages 14 to 30.
## **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**
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants of England and Wales, which is one of the listed bodies.
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:
1. 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
3. 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.
Stuart Bates FCA Wenn Townsend 10 Broad Street Abingdon OX14 3LH
25 March 2024
**13**
PARISH OF NORTH ABINGDON
## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2023
|Note
INCOME AND ENDOWMENTS
Voluntary income
2 (a)
Income from investments
2 (b)
Church activities
2 (c)
Other income
2 (d)
TOTAL INCOME
EXPENDITURE
Church activities
3
TOTAL EXPENDITURE
NET INCOME/(EXPENDITURE)
GAIN/(LOSS) ON INVESTMENTS
7
TRANSFERS BETWEEN FUNDS
Impairment of Share Capital
Undertakings
6
Write back of Impairment of Loan of
Subsidiary Undertaking
8
NET MOVEMENT IN FUNDS
Balances at 1st January
Balances at 31st December|2023
£
536,846
47,626
55,971
-
640,443
627,022
627,022
13,421
12,732
14,068
-
-
40,221
2,593,370
2,633,591
Unrestricted
Funds|Restricted
Funds
2023
£
182,876
3,513
-
-
186,389
104,300
104,300
82,089
-
(14,068)
-
-
68,021
265,883
333,904|Total
2023
£
719,722
51,139
55,971
-
826,832
731,322
731,322
95,510
12,732
-
-
-
108,242
2,859,253
2,967,495|Total
2022
£
701,689
22,263
41,615
-
765,567
691,582
691,582
73,985
(8,465)
-
(25,000)
10,000
50,520
2,808,733
2,859,253|
|---|---|---|---|---|
14
PARISH OF NORTH ABINGDON
## BALANCE SHEET AT 31ST DECEMBER 2023
|Note
FIXED ASSETS
Tangible Fixed Assets
5
Investment in subsidiary
6
Fixed Asset Investments
7
CURRENT ASSETS
Debtors
8
Short Term Deposits
Cash at bank & in hand
Amounts receivable after one year
8
CURRENT LIABILITIES
Amounts due within one year
9
NET CURRENT ASSETS
LIABILITIES
Amounts due after one year
9
NET ASSETS
FUNDS
Unrestricted
10, 11
Restricted
12, 13
NET ASSETS LESS
CURRENT LIABILITIES|2023
£
2,336,302
-
98,161
2,434,463
103,536
47,940
74,254
225,730
-
(26,602)
199,128
2,633,591
-
2,633,591
2,633,591
-
2,633,591
Unrestricted
Funds|Restricted
Funds
2023
£
-
-
-
-
51,193
278,907
3,804
333,904
-
-
333,904
333,904
-
333,904
-
333,904
333,904|Total
2023
£
2,336,302
-
98,161
2,434,463
154,729
326,847
78,058
559,634
-
(26,602)
533,032
2,967,495
-
2,967,495
2,633,591
333,904
2,967,495|Total
2022
£
2,350,085
-
85,428
2,435,513
137,750
38,329
279,479
455,558
-
(31,818)
423,740
2,859,253
-
2,859,253
2,593,370
265,883
2,859,253|
|---|---|---|---|---|
The Financial Statements on pages 14 to 30 were approved by the PCC of North Abingdon on 4 March 2024 and signed on its behalf by:
Martin Steel Treasurer
15
PARISH OF NORTH ABINGDON
## STATEMENT OF CASH FLOWS
## FOR THE YEAR ENDED 31ST DECEMBER 2023
|Note
CASH FLOWS FROM OPERATING ACTIVITIES
Net cash provided by / (used in) opersating activities
16
CASH FLOWS FROM INVESTING ACTIVITIES
Dividends, interest and rents from investments
Purchase of property, plant and equipment
Purchase of fixed asset investments
Increase in investment in subsidiary
Net cash provided by/(used in) investing activities
Net increase/(decrease) in cash and cash equivalents in the reporting period
Cash and cash equivalents at 1 January 2023
Cash and cash equivalents at the 31st December 2023
16|Total
2023
£
53,330
51,139
(17,372)
-
-
33,767
87,097
317,808
404,905|Total
2022
£
57,294
22,263
(31,840)
(63,000)
(24,999)
(97,576)
(40,282)
358,090
317,808|
|---|---|---|
16
PARISH OF NORTH ABINGDON
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2023
## 1. ACCOUNTING POLICIES
## Basis of Accounting
The Parish is a public benefit entity within the meaning of FRS 102.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and applicable regulations.
The financial statements are prepared on a going concern basis under the historical cost convention, except for the valuation of Investment assets, which are shown at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.
## Funds
General funds represent the funds of the Parish that are not subject to any restrictions regarding their use and are available for application on the general purposes of the Parish. Funds designated for a particular purpose by the Parish are also unrestricted.
Restricted funds are funds which are to be used in accordance with special restrictions imposed by the donor. The accounts include all transactions, assets and liabilities for which the Parish is responsible in law.
They do not include the accounts of church groups which owe their main affiliation to another body nor those that are informal church members.
## Income
## Voluntary income and capital sources
Collections and planned giving are recognised when received by or on behalf of the Parish. Income tax recoverable on covenants or gift aid donations is recognised when the income is recognised.
Grants and legacies to the church are accounted for as soon as the Parish is notified of its legal entitlement and the amount due.
Funds raised by fund-raising events are accounted for as gross.
Sales of books and magazines are accounted for gross.
## Other ordinary income
Rental income from letting church premises is recognised when the rental is due.
## Expenditure and Liabilities
Liabilities are recognised as expenditure as soon as there is a legal and constructive obligation and settlement is probable and quantifiable.
## Grants
Grants and donations are accounted for when paid over, or when awarded.
Activities directly related to the work of the Parish
The diocesan quota or parish share is accounted for when payable.
17
PARISH OF NORTH ABINGDON
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2023
## Fixed Assets
## Tangible Fixed Assets
As of 1st January 2022 only items costing more than £5,000 are capitalised as assets. Items are depreciated on the following basis:
|Category
Office Equipment
Fixtures and Fittings
Plant and Machinery
Cost of Buildings|Basis
Straight Line
Straight Line
Straight Line
Straight Line|Period
3 Years
3 Years
5 Years
100 Years|
|---|---|---|
The parish owns various freehold properties, the majority of which were acquired prior to the requirement to capitalise such expenditure. These properties have therefore not been included in cost. Freehold property acquired more recently is included at cost.
## Investment in Subsidiary
Investment in subsidiary is stated at historical cost less provision for any dimunution in value.
## Fixed Asset Investments
Fixed asset investments are held for the long term, and are held at fair value.
## Current Assets
Amounts owed to the Parish at 31st December in respect of fees, rents and other income are shown as debtors. Short term deposits include cash on deposit either with the CBF Church of England Funds or at the bank.
18
PARISH OF NORTH ABINGDON
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2023
## 2. INCOMING RESOURCES
|(a) Voluntary income
Planned Giving:
Gift Aid
Income Tax Recoverable
Other Giving
Collections (open plate)
Sundry donations
Grants|2023
£
363,077
92,374
78,648
2,684
63
-
536,846
Unrestricted
Funds|Restricted
Funds
2023
£
75,284
18,802
83,290
-
-
5,500
182,876|Total
2023
£
438,361
111,176
161,938
2,684
63
5,500
719,722|Total
2022
£
420,771
124,854
142,374
2,576
2,514
8,600
701,689|
|---|---|---|---|---|
Voluntary income was £719,722 (2022 - £701,689) of which £536,846 (2022 - £531,590) was attributable to the unrestricted fund and £182,876 (2022 - £170,099) was attributable to the restricted fund
|(b) Income from investments
Rental Income - Temporary let
Dividends & Interest including any reclaimed tax|9,333
38,293
47,626|3,513
-
3,513|12,846
38,293
51,139|2,684
19,579
22,263|
|---|---|---|---|---|
Income from investments was £51,139 (2022 - £22,263) of which £47,626 (2022 - £22,263) was attributable to the unrestricted fund and £3,513 (2022 - £Nil) was attributed to the restricted fund
|(c) Income from church activities
Events, Conferences, Courses etc
Bookstall
Church Hall Lettings
The Barns Café
Fees|15,707
307
32,564
5,480
1,913
55,971|-
-
-
-
-
-|15,707
307
32,564
5,480
1,913
55,971|14,369
455
23,425
2,080
1,286
41,615|
|---|---|---|---|---|
Income from church activities was £55,971 (2022 - £41,615) which was attributable to the unrestricted fund
- (d) Other Income
- - - -
Income from other income was £Nil (2022 - £Nil) which was attributable to the unrestricted fund
TOTAL 640,443 186,389 826,832 765,567
19
PARISH OF NORTH ABINGDON
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2023
## 3. EXPENDITURE
|Note
Church Activities
Church Overseas
Home Mission
Events, Conferences, Courses etc
Ministry:
Diocesan Quota/Parish Share
Incumbent Working Expenses
Assistant Staff
Church Running Expenses
Church Maintenance
Upkeep of Services
Bookstall
Support Costs
Property Rental
Other PCC Property Upkeep
Salaries
4
Staff Recruitment
General administration
Equipment & Replacements
Depreciation
Bank charges
TOTAL|2023
£
61,277
23,646
19,304
188,389
1,475
4,662
49,287
32,881
25,826
342
1,470
25,800
9,103
148,621
302
10,474
(7,830)
31,154
839
627,022
Unrestricted
Funds|Restricted
Funds
2023
£
-
82,331
-
-
-
-
-
-
-
-
-
-
-
21,969
-
-
-
-
-
104,300|Total
2023
£
61,277
105,977
19,304
188,389
1,475
4,662
49,287
32,881
25,826
342
1,470
25,800
9,103
170,590
302
10,474
(7,830)
31,154
839
731,322|Total
2022
£
59,240
100,710
16,496
187,203
1,278
10,541
27,044
17,425
21,447
358
1,350
19,982
9,127
172,072
284
10,120
11,892
24,228
785
691,582|
|---|---|---|---|---|
£627,022 (2022: £601,664) of the above costs were attributable to the unrestricted fund, and £104,300 (2022: £89,918) were attributable to the restricted fund
20
PARISH OF NORTH ABINGDON
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2023
## 3(b). ANALYSIS OF SUPPORT COST EXPENDITURE
|Other Support cost
Independent examiner's fees|£
1,470
-
1,470
Unrestricted
Funds 2023|Restricted
Funds 2023
£
-
-
-|Total 2023
£
1,470
-
1,470|Total 2022
£
1,350
-
1,350|
|---|---|---|---|---|
## 4. STAFF COSTS
During the year the church employed an average of 8 (2022: 10) members of staff (approximately 6 (2022: 7) full-time equivalent staff): full and part-time youth pastors, full and part-time children's ministers, operations manager, full and part-time administrators, part-time cleaner and part-time manager and part-time coordinator for the Abingdon Foodbank. In addition the church employed an average of 5 (2022: 6) members of staff (approximately 3 (2022: 3) full time equivalent staff) on behalf of The Barns Cafe Ltd (the costs are included in the accounts of that company and are not included here). No staff member earned more than £60,000.
|Salaries, wages & honoraria
Social security costs
Pension cost|£
136,855
6,879
4,887
148,621
Unrestricted
Funds 2023|Restricted
Funds 2023
20,921
824
224
21,969|Total 2023
157,776
7,703
5,111
170,590|Total 2022
£
160,799
6,392
4,881
172,072|
|---|---|---|---|---|
None of the Trustees received any remuneration or employee benefits during the year. Where applicable the lay trustees, acting as agents to the Parish, received payment for approved expenses in accordance with Church of England guidelines. These are included in note 3.
21
PARISH OF NORTH ABINGDON
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2023
## 5. TANGIBLE FIXED ASSETS
|Cost
At 1st January 2023
Additions in the year
Disposals in the year
At 31st December 2023
Depreciation
At 1st January 2023
Additions in the year
Disposals in the year
Charge for the Year
At 31st December 2023
Net Book Value
At 31st December 2023
At 31st December 2022|Freehold
Property
£
2,491,951
-
-
2,491,951
167,728
-
-
18,250
185,978
2,305,973
2,324,223|Plant &
Machinery
£
6,747
17,371
-
24,118
6,747
-
-
2,291
9,038
15,080
-|Office
Equipment
£
7,730
-
-
7,730
7,730
-
-
-
7,730
-
-|Fixtures &
Fittings
£
108,214
-
-
108,214
82,352
-
-
10,613
92,965
15,249
25,862|Total
£
2,614,642
17,371
-
2,632,013
264,557
-
-
31,154
295,711
2,336,302
2,350,085|
|---|---|---|---|---|---|
Freehold Property includes land of £712,318 which is not depreciated.
The Market Value of the Freehold Property is considered to be in excess of the above carrying value, however it is not considered practicable or cost effective to quantify the difference.
## 6. INVESTMENT IN SUBSIDIARY
|Shares in subsidiary undertaking
Impairment|2023
£
25,000
(25,000)
-
Unrestricted
Funds|Restricted
Funds
2023
£
-
-
-|Total
2023
£
25,000
(25,000)
-|Total
2022
£
25,000
(25,000)
-|
|---|---|---|---|---|
The Parish of North Abingdon owns the whole of the ordinary share capital of The Barns Café Limited (company number 08794014), a company registered in England which operates as a café. The share capital was fully impaired in 2022 and remains so as at the current Balance Sheet date.
The profit for the financial period of The Barns Café Limited was £4,787 and the aggregate capital and reserves surplus at the period end was £5,299. The company's turnover for the year was £146,505.
22
PARISH OF NORTH ABINGDON
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2023
## 7. FIXED ASSET INVESTMENTS
|Fixed asset investments at fair value|2023
£
98,161
Unrestricted
Funds|Restricted
Funds
2023
£
-|Total
2023
£
98,161|Total
2022
£
85,428|
|---|---|---|---|---|
The fixed asset investment is a CBF Church of England Fund which is held for the long term. Investments are all traded in quoted public markets. The basis of fair value is equivalent to the market value using the bid price. The total income recognised on these investments in the period was £15,162 (2022: loss of £6,889) representing fair value remeasurement gain of £12,732 (2022: loss of 8,465) and dividend income received of £2,430 (2022: £1,576).
## 8. DEBTORS
|Amounts receivable within one year
Income Tax Recoverable
Sundry Debtors and Prepayments
Amounts receivable after more than one year
Loan to Subsidiary Undertaking
Impairment
Amount owed by Subsidiary Undertaking|2023
£
85,408
11,818
6,310
103,536
-
-
-
Unrestricted
Funds|Restricted
Funds
2023
£
51,193
-
-
51,193
-
-
-|Total
2023
£
136,601
11,818
6,310
154,729
-
-
-|Total
2022
£
116,568
8,571
12,611
137,750
-
-
-|
|---|---|---|---|---|
## 9. LIABILITIES
|Amounts falling due within one year
Sundry Creditors and Accruals
Amounts falling due after more than one year|2023
£
26,602
-
Unrestricted
Funds|Restricted
Funds
2023
£
-
-|Total
2023
£
26,602
-|Total
2022
£
31,818
-|
|---|---|---|---|---|
23
PARISH OF NORTH ABINGDON
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2023
## 10. ANALYSIS OF UNRESTRICTED FUNDS
|General Funds
Designated Funds
The Barns Café - Equipment
Tithe Barn Refurbishment
General Funds
Designated Funds
The Barns Café - Equipment
Tithe Barn Refurbishment|Fixed Assets
2023
£
2,434,463
-
-
2,434,463
Fixed Assets
2022
£
2,435,513
-
-
2,435,513|Current
Assets
2023
£
154,849
17,181
53,700
225,730
Current
Assets
2022
£
132,045
8,930
48,700
189,675|Current
Liabilities
2023
£
(26,602)
-
-
(26,602)
Current
Liabilities
2022
£
(31,818)
-
-
(31,818)|Total
2023
£
2,562,710
17,181
53,700
2,633,591
Total
2022
£
2,535,740
8,930
48,700
2,593,370|
|---|---|---|---|---|
24
PARISH OF NORTH ABINGDON
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2023
## 11. MOVEMENT ON UNRESTRICTED FUNDS
|General Funds
Designated Funds
The Barns Café - Equipment
Tithe Barn Refurbishment
General Funds
Designated Funds
The Barns Café - Equipment
Tithe Barn Refurbishment|Brought
Forward
2023
£
2,535,740
8,930
48,700
2,593,370
Brought
Forward
2022
£
2,557,641
17,940
47,450
2,623,031|Transfers
2023
£
19,099
4,969
(10,000)
14,068
Transfers
2022
£
9,120
(9,120)
-
-|Income
2023
£
634,265
3,910
15,000
653,175
Income
2022
£
594,218
-
1,250
595,468|Expenses
2023
£
(626,394)
(628)
-
(627,022)
Expenses
2022
£
(625,239)
110
-
(625,129)|Carried
Forward
2023
£
2,562,710
17,181
53,700
2,633,591
Carried
Forward
2022
£
2,535,740
8,930
48,700
2,593,370|
|---|---|---|---|---|---|
25
PARISH OF NORTH ABINGDON
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2023
## 12. ANALYSIS OF RESTRICTED FUNDS
|Children's Society
Charity Collections
Equipment
Foodbank
Home Mission
Link
Overseas Mission
Refurbishment
Vicars Discretionary Fund
Children's Society
Charity Collections
Equipment
Foodbank
Home Mission
Link
Overseas Mission
Refurbishment
Vicars Discretionary Fund|Current
Assets
2023
£
60
342
1,480
273,471
5,475
684
766
43,779
7,847
333,904
Current
Assets
2022
£
55
276
1,771
197,373
9,285
742
660
49,378
6,343
265,883|Current
Liabilities
2023
£
-
-
-
-
-
-
-
-
-
-
Current
Liabilities
2022
£
-
-
-
-
-
-
-
-
-
-|Long-term
Liabilities
2023
£
-
-
-
-
-
-
-
-
-
-
Long-term
Liabilities
2022
£
-
-
-
-
-
-
-
-
-
-|Total
2023
£
60
342
1,480
273,471
5,475
684
766
43,779
7,847
333,904
Total
2022
£
55
276
1,771
197,373
9,285
742
660
49,378
6,343
265,883|
|---|---|---|---|---|
26
PARISH OF NORTH ABINGDON
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2023
## 13. MOVEMENT ON RESTRICTED FUNDS
|Children's Society
Charity Collections
Equipment
Foodbank
Home Mission
Link
Overseas Mission
Refurbishment
Vicars Discretionary Fund
Children's Society
Charity Collections
Equipment
Foodbank
Home Mission
Link
Overseas Mission
Refurbishment
Vicars Discretionary Fund|Brought
Forward
2023
£
55
276
1,771
197,373
9,285
742
660
49,378
6,343
265,883
Brought
Forward
2022
£
10
201
-
145,713
3,076
1,039
740
31,866
3,057
185,702|Transfers
2023
£
-
-
-
-
(4,969)
-
-
(9,099)
-
(14,068)
Transfers
2022
£
(30)
30
-
-
-
-
-
-
-
-|Income
2023
£
5
137
5,625
163,614
8,570
689
1,107
3,503
3,139
186,389
Income
2022
£
76
45
1,850
121,591
19,226
17
20
23,724
3,550
170,099|Expenses
2023
£
-
(71)
(5,916)
(87,516)
(7,411)
(747)
(1,001)
(3)
(1,635)
(104,300)
Expenses
2022
£
(1)
-
(79)
(69,931)
(13,017)
(314)
(100)
(6,212)
(264)
(89,918)|Carried
Forward
2023
£
60
342
1,480
273,471
5,475
684
766
43,779
7,847
333,904
Carried
Forward
2022
£
55
276
1,771
197,373
9,285
742
660
49,378
6,343
265,883|
|---|---|---|---|---|---|
27
PARISH OF NORTH ABINGDON
## NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023
## 14. DESCRIPTION OF FUNDS
## Designated Funds - Set aside by the PCC
## The Barns Café - Equipment
This designated fund has been set up to fund the replacement of equipment in the premises used by The Barns Café Limited
## Tithe Barn Refurbishment
This designated fund has been set up for the future refurbishment of the Tithe Barn at the Northcourt Road site. The intention is that in the next few years there will be a major overhaul of the inside (heating, layout) and possibly the outside (roofing)
## Restricted Funds - Given with a particular purpose
## Children's Society
A special collection for this charity
## Charity Collections
Special collections by Christ Church for various charities
## Equipment
Donations used to replace/improve equipment at Christ Church
## Foodbank
Donations to Abingdon Foodbank
## Home Mission
Funds raised for mission opportunities in the parish and the wider diocese
## Link
Funds raised by the Christ Church Link group and used to support ongoing work
## Overseas Mission
Donations made to support Christ Church mission partners and other Christian mission organisations working overseas
## Refurbishment
Donations to be used for improvements to buildings
## Vicars Discretionary Fund
Donations to be used at the Vicar's discretion
28
PARISH OF NORTH ABINGDON
## NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023
## 15. RELATED PARTY TRANSACTIONS
## Donations received from Trustees
Donations received from the PCC trustees totalled £59,082 (2022: £52,955) during the reporting period with an additional £13,936 (2022: £13,239) recoverable through Gift Aid
## The Barns Café Limited
During the year The Barns Café Limited, a wholly owned subsidiary of the charity, paid £5,480 (2022: £2,080) to the Parish of North Abingdon for heat and light.
During the prior year the Café's share capital had been increased from £1 to £25,000 and the Cafe repaid a £10,000 loan which had been fully impaired at the end of 2021. The share capital was fully impaired at the end of 2022 and remains so at the current balance sheet date because, although the Café made a modest profit in 2023, it is considered unlikely to be in a position to make significant profits in the forseeable future.
The amount due from The Barns Café Limited at the balance sheet date for costs incurred by the Parish on the Café's behalf was £6,310 (2022: £12,611). The trustees decided there was no requirement to impair this year end balance.
## Payments to connected organisations / individuals
Payments were made during the year to organisations / individuals connected to trustees as follows:
|**Trustee**|**Connected**
**Organisation**|**How Connected**|**Nature of conflict of interest**|**Payments made to**
**Connected**
**Organisations /**
**Individuals during the**
**year**|
|---|---|---|---|---|
|Clergy|Oxford Diocesan Board
of Finance|Clergy are a direct employee of, or are
employed to minister with stipend by
the connected organisation|Parish Share (Diocesan Quota) is paid
to Oxford Diocesan Board of Finance|£188,389|
|Mr Martin Steel|Abingdon Deanery
Synod|As well as being treasurer of the
Charity, the trustee is also the treasurer
of Abingdon Deanery Synod|
Abingdon Deanery Synod decide how
the total Diocesan Quota allocated by
Oxford Diocese to the Deanery is
shared among the individual parishes
in the Deanery|£188,389 paid to Oxford
Diocesan Board of
Finance, but the value is
decided by Abingdon
Deanery Synod|
|Revd Keith Dunnett
Mr Andrew Lowe Dr
Cherry Tweed|
The Barns Café Limited|Trustees are Directors of the
connected organisation|The share capital of the Café remains
fully impaired at the balance sheet
date|Value of impairment
remains at £25,000|
|Mr Philip Bingham|Church Mission Society|Trustee is an employee of the
connected organisation|Grant paid to the connected
organisation for the support of a
Mission Partner|£11,369|
|Dr Penelope Smith|Church Mission Society|Trustee is related to a Mission Partner
employed by the connected
organisation|Grant paid to the connected
organisation for the support of a
Mission Partner|£11,369|
|Mr David Greenaway|The Barns Café Limited|Relative is employed by the Café|Total cost of employment|£9,018|
|Dr Penelope Smith|The Archway Foundation|Trustee is Treasurer (voluntary) of the
connected organisation|Grant paid to the connected
organisation for the support of a
Mission Partner|£6,387|
|Mr Andrew Kitchener|The Barns Café Limited|Relative is employed by the Café|Total cost of employment|£3,700|
|Mr Philip Bingham||Relative|Short term mission support grant paid
to relative|£279|
29
PARISH OF NORTH ABINGDON
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2023
## 16. NOTE TO THE STATEMENT OF CASH FLOWS
Reconciliation of net income to net cash flow from operating activities
|Net income /(expenditure) for the operating period
(as per statement of financial activities)
Adjustments for:
Depreciation charges
Impairment of fixed asset investments
Impairment of investment in subsidiary
Dividends, interest and rents from investments
(Increase)/decrease in debtors
Increase /(decrease) in creditors
Net cash provided by (used in) operating activities|Total
2023
£
108,242
31,154
(12,732)
-
(51,139)
(16,979)
(5,216)
53,330|Total
2022
£
50,520
24,228
8,465
25,000
(22,263)
(42,602)
13,946
57,294|
|---|---|---|
|Analysis of cash and cash equivalents
Cash in hand
Notice deposits (less than 3 months)
Total cash and cash equivalents|Total
2023
£
78,058
326,847
404,905|Total
2022
£
279,479
38,329
317,808|
|---|---|---|
30