2023-12-31-accounts

Annual Report and Financial Statements of the Parochial Church Council of Cannock and Huntington

For the year ended 31[st] December 2023

Charity registration number: 1157373

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The Parochial Church Council of Cannock and Huntington Trustees’ Annual Report for the year ended 31[st] December 2023 Charity registration number 1157373

Objectives and Activities

The Parochial Church Council of Cannock and Huntington (the PCC) has the responsibility of cooperating with the incumbent, the Reverend Vicky Fleming in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social and ecumenical. The PCC is also spiritually responsible for the maintenance of the church.

The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at St. Luke’s and St. Thomas’. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer, scripture, music and sacrament. Also, through non sacramental activities of hospitality and fellowship we aim to reach non churched members of the community.

Public Benefit

The trustees of the PCC are aware of the Charity Commission’s guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of Cannock and Huntington, it helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by:

• Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers; and

• Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole.

Achievements and Performance

Promoting the Gospel and the Doctrines of the Church of England. The PCC, through the work of its Leadership Team has developed a Mission Action Plan which states the priorities of the parish in the following areas:

• (a) To develop worship across the parish that engages with the community “out there”.

• (b) To develop the ways in which we share together as a parish.

• (c) To recognise, encourage and develop leadership within the parish.

• (d) To develop our means of communication to include the parish website.

• (e) To encourage children and families in faith across the parish.

Financial Review

It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to at least three months unrestricted payments. This is equivalent to £57,168 (2022: £50,565). It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves

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at the year-end was minus £29,981 (2022: +£56,175) which is considerably lower than this target. The PCC are aware of this and working, with the help of the Diocese, to address this position.

Investment Policy

The charity is granted power to invest in suitable investments under the PCC Powers Measure 1956 and the Trustees Act 2000. As a charity, the Trustees have a duty of care to take such advice as is appropriate before investments are undertaken. This advice is sought from the Central Board of Finance (CCLA) in London.

The charity’s investment policies are based on two key principles: -

• Ethical Investment – this includes ensuring that investments are held in companies which have high standards of corporate governance and act in a responsible way towards stakeholders.

• Long-term responsibilities – the trustees are aware of their long-term responsibilities in respect of the Restricted and Unrestricted reserves and as a result follow a prudent approach to investment decisions.

Investment policy for long-term funds is aimed primarily at generating a sustainable income, with due regard to the need for the preservation of capital value, and the possible need to realise investments to meet operational needs. The charity does not have a policy of generating income at excessive or high risk – known as “purchasing income”, where high returns are guaranteed at the expense of capital.

In summary, the charity has an overall policy to maximise income while preserving the real value of its funds. Due to the nature of the charity, an ethical investment policy is taken into consideration when investments are made:

The charity follows the Ethical Investment Advisory policy as recommended by the Lichfield Diocese which includes the following:

• “We aim to invest in companies that:

• will develop their business in the interests of shareholders;

• demonstrate responsible employment practices;

• are conscientious concerning issues of corporate governance, the environment and human rights;

• are sensitive to the community in which they operate.”

Planned giving, collections and donations are the main sources of fund raising along with tax recoverable.

Safeguarding

The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults).

Reporting Serious Incidents

A Serious Incident is an adverse event, whether actual or alleged, which results in or risks significant harm to the charity’s beneficiaries, employees, office holders, volunteers or to others who come into contact with the charity through its work, loss of the charity’s money or assets, damage to the charity’s property or harm to the charity’s work or reputation.

The trustees are not aware of any Serious Incidents in the last year.

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Fundraising

The PCC takes it fundraising responsibilities seriously and is very grateful to all donors – whether regular or occasional – for their support of the church and church events. PCC supporters are never taken for granted. The PCC take full responsibility for fundraising and do not use commercial organisations or professional fundraisers. All money raised is either by donations, fundraising events, special appeals or legacies for which the PCC are most grateful.

Volunteers

The members of the PCC would like to thank all the volunteers who work so hard to make our Church a lively and vibrant community. Our especial thanks go to our church wardens, Janice Middleton, Janet Bolton, Margaret Young and Trish Archer, who have worked so tirelessly on our behalf and to Geoff Pick and David Wheatley, who has helped us all understand the church’s accounts and its finances.

Risk Management

The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potential hazards. We have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impact the work of the Church in the Parish is ongoing.

Structure, Governance and Management

The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure (1956) as amended that came into effect on 2[nd] January 1957, and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended).

The method of appointment of the PCC members is set out in the Church Representation Rules. The Council comprises the Incumbent, the Churchwardens, a representative of the Readers, those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese. Members of the congregation are always urged to join the Electoral Roll, and to stand for election to the PCC.

The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. The PCC meet six times a year. [Given its responsibilities, the PCC has a number of sub committees, each dealing with a particular aspect of parish life. These include Worship, Mission and Outreach, Buildings and Finance. Each reports back to the PCC with the minutes of their meetings.

Related Parties

Donations from Related Parties

Donations from related parties during the year totalled £12,000 (2022: £12,575). All these donations were received without conditions.

Remuneration paid to Trustees

1 Trustee has been paid £2,890 (2022: £2,835) during the year for their services as verger. No other trustees have been paid any remuneration or received any other benefits from employment with the PCC.

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Expenses paid to Trustees

2 trustees have been reimbursed expenses of £2,628 (2022: £2,868 – 2 trustees) for travel and subsistence during the year.

Reference and Administrative details

The Parish is part of the Deanery of Rugeley, in the Diocese of Lichfield. The correspondence address is St Luke’s Church, Church Street, Cannock, WS11 1DE Registered charity number 1157373. Our website address is www.stlukescannock.org.uk

PCC members who have served from 1[st] January 2023, until the date this report was approved were :

Ex Officio Members

The Incumbent	Reverend Vicky Fleming
Clergy	Reverend Marie Meredith (Curate)
	Reverend Gill Joynson (Associate Minister)
Readers	David Gethin
	Diane Holt
Churchwardens	Janice Middleton – St. Luke’s
	Janet Bolton – St Luke’s
	Tricia Archer – St. Thomas’
Deanery Synod Reps	Margaret Warford (& PCC Secretary from 23rdMay 2023)
	Wendy Bishop (until 23rdMay 2023)
	Clare Beavon (from 23rdMay 2023)
	Martin Beavon (from 23rdMay 2023)
Elected Members	John Skurr - Treasurer for St Luke’s and Parish
	David Wheatley - Treasurer for St. Thomas (until 23rdMay 2023)
	Clare Beavon - PCC Secretary (until 23rdMay 2023)
	Andy Brittle
	Martin Beavon (until 23rdMay 2023)
	Linda Hopley
	Sophie Mcfie-Hyland
	Teresa Atherton
	Deborah Brown
	Joanne Brownhill (until 23rdMay 2023)
	Simon Backhouse (from 23rdMay 2023)
	Benjamin Smith (from 23rdMay 2023)
	Wendy Bishop (from 23rdMay 2023)
Officer of the PCC	David Wheatley - Treasurer for St. Thomas (from 23rdMay 2023)
(can attend but not vote)

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Approved by the PCC ……………………..……. 2024 and signed by:

……………………………… ………………………………… Revd. V Fleming (Chair) Margaret Warford (Secretary)

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Independent Examiner’s report to the trustees/members of The PCC of Cannock and Huntington

Registered charity number: 1157373

I report on the accounts for the year ended 31[st] December 2023 which are set out on the following pages.

Respective responsibilities of the Trustees and Independent Examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility

• to examine the accounts under section 145 of the Charities Act,

• to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and

• to state whether particular matters have come to my attention.

Basis of Independent Examiner's Statement

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below.

Independent Examiner's Statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect:

• accounting records were not kept in accordance with section 130 of the Charities Act or

• the accounts do not accord with the with the accounting records

I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: ………………………………………….. Jonathan Hill FCMA CGMA Lichfield Diocesan Board of Finance St Marys House, The Close, Lichfield. WS13 7LD

Date: …………………………………

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The Parochial Church Council of Cannock and Huntington Financial Statements for the Year Ended 31[st] December 2023

Accounting Policies

The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis.

There may be minor discrepancies in the totals as the pence are not being shown.

Fixed Assets

Consecrated and benefice property is not included in the accounts by s.10(2)(a)&(C) of the Charities Act 2011.

Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.

Going Concern

Note to follow

Description of Funds

Unrestricted funds are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the trustees' annual report.

Restricted funds comprise of two elements:

a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest

b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.

Endowment funds are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts.

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The Parochial Church Council of Cannock and Huntington Financial Statements for the Year Ended 31[st] December 2023

Receipts and Payments Account

	Unrestricted Designated Restricted Endowment Total Prior year funds funds funds funds funds total funds
Receipts Donations and legacies Income from charitable activities Other trading activities Investments Other income Total receipts Payments Raising funds Expenditure on charitable activities Other expenditure Total payments Excess of receipts over payments before transfer Transfers Gross transfers between funds - in Gross transfers between funds - out Excess of receipts over payments before other gains / losses Gains/losses on investment assets Net movement in funds All assets at 01 January 2023 All assets at 31 December 2023 Represented by Unrestricted General Fund Designated Bell Fund Des - St Luke Bequest Des Fund - St Luke Car Park & Grounds Des - St Luke Organ Des Fund - St Luke Restricted Barnabas Mission Res - St Luke Chair Res Fund - St Thomas Dorothy Linford Res Trust - St Luke Fabric Res Fund - St Luke Interior Decorating Scheme Endowment Cannock Ecclesiastical Purpose End - St Luke Cannock Fabric End - St Luke Dorothy Linford Trust End - St Luke W Bowen End Trust - St Luke Total	83,286 — 1,706 — 84,992 107,555 44,357 933 — — 45,290 46,734 10,581 10,537 — — 21,118 23,153 340 43 7,632 (1,429) 6,586 6,658 914 — — — 914 4,630
	139,479 11,513 9,338 (1,429) 158,901 188,729 1,258 — — — 1,258 1,041 225,456 3,154 58,662 — 287,271 228,948 1,959 — — — 1,959 —
	228,673 3,154 58,662 — 290,488 229,989
	(89,193) 8,359 (49,324) (1,429) (131,587) (41,260) 4,050 1,013 — — 5,063 205,976 (1,013) (4,050) — — (5,063) (205,976)
	(86,156) 5,322 (49,324) (1,429) (131,587) (41,260) — — — 18,854 18,854 (26,737)
	(86,156) 5,322 (49,324) 17,425 (112,733) (67,998)
	1,220,393 161,280 16,362 203,136 1,601,170 1,669,168
	1,134,237 166,602 (32,962) 220,561 1,488,437 1,601,170
	1,134,237 — — — 1,134,237 1,220,393 — 3,592 — — 3,592 3,549 — 117,875 — — 117,875 117,875 — 32,081 — — 32,081 27,259 — 13,053 — — 13,053 12,596 — — 4,108 — 4,108 4,046 — — 322 — 322 322 — — 2,627 — 2,627 2,190 — — (41,168) — (41,168) 8,655 — — 1,149 — 1,149 1,149 — — — 5,493 5,493 5,021 — — — 175,914 175,914 161,976 — — — 37,841 37,841 34,843 — — — 1,312 1,312 1,296
	1,134,237 166,602 (32,962) 220,561 1,488,437 1,601,170

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The Parochial Church Council of Cannock and Huntington Financial Statements for the Year Ended 31[st] December 2022

Statement of assets and liabilities – 2023

	General Designated Restricted Endowment This year Last year
Fixed assets - Investments St Lukes Centre - St Luke - St Barnabas Church Hall - St Luke - Dorothy Linford Trust End - St Luke - Cannock Fabric End - St Luke - Cannock Ecclesiastical Purpose End - St - Totals Current assets - Cash at bank and in hand Bank Current Account - Parish Office - Bank Current Account - St Luke - Lloyds Current Account - St Thomas - Interior Decorating Scheme - Parish Offi - St Luke Advance Fees Bank account - St Lukes Centre Bank Account - St Barnabas Church Hall Current Account - St Barnabas CBF Deposit Account 90002D - St Luke CBF Deposit Account 8001D - Totals Liabilities - Agency accounts Agency collections - Totals Grand total	1,164,217 — — — 1,164,217 1,164,217 1 — — — 1 1 — — — 37,841 37,841 34,587 — — — 175,914 175,914 160,787 — — — 5,493 5,493 5,021
	1,164,218 — — 219,249 1,383,467 1,364,613 387 — 20 — 407 684 (82,150) 163,009 (63,131) — 17,728 155,983 28,116 — 322 — 28,439 19,701 — — 1,149 — 1,149 1,149 1,744 — 4,518 — 6,262 5,280 9,270 — (975) — 8,296 10,554 22,544 — (2,314) — 20,230 14,426 10,707 — — — 10,707 10,707 (20,599) 3,592 28,666 1,312 12,971 12,568
	(29,981) 166,602 (31,744) 1,312 106,189 231,052 — — 1,218 — 1,218 (5,506)
	— — 1,218 — 1,218 (5,506)
	1,134,237 166,602 (32,962) 220,561 1,488,437 1,601,170

Statement of assets and liabilities - 2022 General Designated Restricted Endowment This year Last year	Statement of assets and liabilities - 2022 General Designated Restricted Endowment This year Last year
Fixed assets – fixed assets St Lukes Centre - St Luke - St Barnabas Church Hall - St Luke - Totals Fixed assets - Investments Dorothy Linford Trust End - St Luke - Cannock Fabric End - St Luke - Cannock Ecclesiastical Purpose End - St - Totals Current assets - Cash at bank and in hand Bank Current Account - Parish Office - Bank Current Account - St Luke - Lloyds Current Account - St Thomas - Interior Decorating Scheme - Parish Offi - St Lukes Centre Bank Account - St Luke Advance Fees Bank account - St Lukes Centre Bank Account - St Barnabas Church Hall Current Account - St Barnabas CBF Deposit Account 90002D - St Luke CBF Deposit Account 8001D - Totals Current assets - Debtors Accounts Receivable - Totals Liabilities - Agency accounts Agency collections - Totals Liabilities - Creditors: Amounts falling due in one year Accounts Payable - Totals Grand total	1,164,217 — — — 1,164,217 1,164,217 1 — — — 1 1
	1,164,218 1,164,218 1,164,218 — — — 34,587 34,587 39,202 — — — 160,787 160,787 182,240 — — — 5,021 5,021 5,691
	— — 200,395 200,395 227,132 751 — (68) — 684 220 10,239 157,731 (13,431) 1,445 155,983 204,510 19,379 — 322 — 19,701 13,228 — — 1,149 — 1,149 1,049 — — — — — (76) 3,708 — 1,572 — 5,280 5,244 11,450 — (896) — 10,554 3,210 20,540 — (6,114) — 14,426 19,667 10,707 — — — 10,707 10,562 (20,599) 3,549 28,322 1,296 12,568 12,402
	56,175 161,280 10,857 2,741 231,052 270,016 — — — — — 6,437
	— — — — — 6,437 — — (5,506) — (5,506) (1,819)
	— — (5,506) — (5,506) (1,819) — — — — — 501
	— — — — — 501
	1,220,393 161,280 16,362 203,136 1,601,170 1,669,120

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The Parochial Church Council of Cannock and Huntington Financial Statements for the Year Ended 31[st] December 2022

Fund movement by type - 2023

	Opening Incoming Outgoing Transfers Gains/losses Closing
Barnabas R - Barnabas Mission Re Restricted Sub-total for Barnabas R Bell Des - - Bell Fund Des - St L Designated Sub-total for Bell Des - Bequest De - Bequest Des Fund - S Designated Sub-total for Bequest De Can Eccl E - Cannock Ecclesiastic Endowment Sub-total for Can Eccl E Cannock Fa - Cannock Fabric End - Endowment Sub-total for Cannock Fa Car Park D - Car Park & Grounds D Designated Sub-total for Car Park D Chair Res - Chair Res Fund - St Restricted Sub-total for Chair Res D Linford - Dorothy Linford Res Restricted Endowment Sub-total for D Linford Fabric Res - Fabric Res Fund - St Restricted Sub-total for Fabric Res General - General Fund Unrestricted Sub-total for General IDS - Interior Decorating Restricted Sub-total for IDS Organ Des - Organ Des Fund - St Designated Sub-total for Organ Des W Bowen En - W Bowen End Trust - Endowment Sub-total for W Bowen En Grand total	4,046 61 — — — 4,108
	4,046 61 — — — 4,108 3,549 43 — — — 3,592
	3,549 43 — — — 3,592 117,875 — — — — 117,875
	117,875 — — — — 117,875 5,021 — — — 472 5,493
	5,021 — — — 472 5,493 161,976 (1,189) — — 15,127 175,914
	161,976 (1,189) — — 15,127 175,914 27,259 10,537 2,678 (3,038) — 32,081
	27,259 10,537 2,678 (3,038) — 32,081 322 — — — — 322
	322 — — — — 322 2,190 1,301 864 — — 2,627 34,843 (256) — — 3,254 37,841
	37,033 1,045 864 — 3,254 40,468 8,655 7,976 57,798 — — (41,168)
	8,655 7,976 57,798 — — (41,168) 1,220,393 139,479 228,673 3,038 — 1,134,237
	1,220,393 139,479 228,673 3,038 — 1,134,237 1,149 — — — — 1,149
	1,149 — — — — 1,149 12,596 933 476 — — 13,053
	12,596 933 476 — — 13,053 1,296 16 — — — 1,312
	1,296 16 — — — 1,312
	1,601,170 158,901 290,488 — 18,854 1,488,437

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Fund movement by type - 2022

	Opening Incoming Outgoing Transfers Gains/losses Closing
Barnabas R - Barnabas Mission Re Restricted Sub-total for Barnabas R Bell Des - - Bell Fund Des - St L Designated Sub-total for Bell Des - Bequest De - Bequest Des Fund - S Designated Sub-total for Bequest De Can Eccl E - Cannock Ecclesiastic Endowment Sub-total for Can Eccl E Cannock Fa - Cannock Fabric End - Endowment Sub-total for Cannock Fa Car Park D - Car Park & Grounds D Designated Sub-total for Car Park D Chair Res - Chair Res Fund - St Restricted Sub-total for Chair Res D Linford - Dorothy Linford Res Restricted Endowment Sub-total for D Linford Fabric Res - Fabric Res Fund - St Restricted Sub-total for Fabric Res General - General Fund Unrestricted Sub-total for General IDS - Interior Decorating Restricted Sub-total for IDS None - Agency collection Restricted Sub-total for None Organ Des - Organ Des Fund - St Designated Sub-total for Organ Des W Bowen En - W Bowen End Trust - Endowment Sub-total for W Bowen En Grand total	5,060 — — (1,014) — 4,046
	5,060 — — (1,014) — 4,046 3,549 — — — — 3,549
	3,549 — — — — 3,549 84,620 36,960 3,704 — — 117,875
	84,620 36,960 3,704 — — 117,875 5,691 — — — (670) 5,021
	5,691 — — — (670) 5,021 182,240 1,189 — — (21,453) 161,976
	182,240 1,189 — — (21,453) 161,976 17,765 9,943 449 — — 27,259
	17,765 9,943 449 — — 27,259 322 — — — — 322
	322 — — — — 322 1,417 773 — — — 2,190 39,202 256 — — (4,615) 34,843
	40,619 1,029 — — (4,615) 37,033 26,586 2,378 20,310 — — 8,655
	26,586 2,378 20,310 — — 8,655 1,285,649 135,991 202,260 1,014 — 1,220,393
	1,285,649 135,991 202,260 1,014 — 1,220,393 1,049 100 — — — 1,149
	1,049 100 — — — 1,149 2,538 — 2,538 — — —
	2,538 — 2,538 — — — 12,136 1,140 680 — — 12,596
	12,136 1,140 680 — — 12,596 1,296 — — — — 1,296
	1,296 — — — — 1,296
	1,669,120 188,729 229,941 — (26,737) 1,601,170

Analysis of Transfer between Funds

2023: A net £3,038 was transferred from the Car Park Designated fund to the General Fund being the cost of barrier repairs in 2022 (£4,050) met by the General Fund and June 22 Car Park Fees credited to the General fund in error. 2022: £10,000 transferred from car park account to general unrestricted account.

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Fund Descriptions

Designated funds :

• Bell Fund - monies held for the maintenance of the bells.

• Organ Fund - monies held for the maintenance and upkeep of the organ.

• Car Park & Grounds - monies held for the maintenance of the church grounds.

• Bequest Fund - monies left to the parish for specific purposes.

Restricted Funds

• Barnabas Mission – monies held for promoting the mission of the parish

• Chair – to replace the chairs at St Thomas'

• Dorothy Linford Trust – For the maintenance, repair and preservation of the Parish Church (St Luke), the church furnishings & equipment

• Fabric – For the maintenance and upkeep of the fabric of the church (St Luke)

• IDS (Interior Decorating Scheme) – For the internal redecoration of the vicarage at 11 Sherbrook Road. The funds are held by the Diocese on behalf of the parish.

Endowment Funds

• Cannock Ecclesiastical Purposes – The capital is invested in the CBF Investment Trust and the income can be used for general church purposes.

• Dorothy Linford Trust – The capital is invested in the CBF Investment Trust and held by the Lichfield Diocesan Trust as custodian trustee. The income can be used for the maintenance, repair and preservation of the Parish Church (St Luke), the church furnishings & equipment.

• Cannock Fabric Fund - The capital is invested in the CBF Investment Trust and held by the Lichfield Diocesan Trust as custodian trustee. The income can be used for the maintenance and upkeep of the fabric of the Parish Church (St Luke).

• W Bowen – a small cash endowment. The income can be used for general church purposes.

Analysis of receipts and payments

					Total
	Unrestricted	Designated	Restricted	Endowment	This year	Last year
INCOME AND ENDOWMENTS
Donations and legacies
Gift Aid - Bank	21,533	—	—	—	21,533	30,135
Gift Aid - Envelopes	9,839	—	—	—	9,839	7,247
Other planned giving	6,601	—	—	—	6,601	6,807
Loose plate collections	5,727	—	—	—	5,727	6,409
Giving through church boxes	228	—	—	—	228	589
One-off Gift Aid gifts	884	—	—	—	884	435
Donations appeals etc	2,133	—	6	—	2,139	1,751
Tax recoverable on Gift Aid	7,508	—	—	—	7,508	11,573
Legacies	25,000	—	—	—	25,000	36,960
Non-recurring one-off grants	2,665	—	1,700	—	4,365	4,222
Other funds generated	1,169	—	—	—	1,169	1,426
Total	83,286	—	1,706	—	84,992	107,555
Income from charitable activities
Statutory Fees for Weddings and	7,473	—	—	—	7,473	3,102
Funerals
Local Fees for Weddings and	2,003	933	—	—	2,936	8,447
Funerals
St Luke Centre Lettings	21,885	—	—	—	21,885	20,859
St Barnabas Hall Lettings	12,782	—	—	—	12,782	13,719
Other Centre Income (St Luke)	—	—	—	—	—	35

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Other Hall Income (St Barnabas) Church Office Income Total Other trading activities Rummage sales etc Magazine income - advertising Parish magazine sales Cafe Income Car parking fees Total Investments Dividends Bank and building society interest Rent from lands or buildings Total Other income Insurance claims Church to Parish Office Transfer Total	80 — — — 80 — 135 — — — 135 573
	44,357 933 — — 45,290 46,734 8,270 — — — 8,270 9,992 — — — — — 797 1,524 — — — 1,524 1,303 567 — — — 567 106 220 10,537 — — 10,757 10,955
	10,581 10,537 — — 21,118 23,153 — — 7,288 — 7,288 — 150 43 344 (1,429) (892) 6,368 190 — — — 190 290
	340 43 7,632 (1,429) 6,586 6,658 — — — — — 1,930 914 — — — 914 2,700
	914 — — — 914 4,630
INCOME TOTAL	139,479 11,513 9,338 (1,429) 158,901 188,729
EXPENDITURE Raising funds Costs of stewardship campaign 103 — — — 103 — Costs of fetes & other events 1,155 — — — 1,155 1,041 Total 1,258 — — — 1,258 1,041 Expenditure on charitable activities Giving to missionary societies 712 — — — 712 77 Giving - relief and development agencies 3,140 — — — 3,140 241 Mission and Outreach 3,155 — — — 3,155 1,733 Secular charities 6,075 — — — 6,075 184 Ministry parish share etc 81,396 — — — 81,396 81,346 Staff employment costs 44,444 — — — 44,444 28,303 Organist Salary 1,460 — — — 1,460 3,850 Working expenses of incumbent 2,628 — — — 2,628 2,868 Vicar's telephone 181 — — — 181 — Education — — 127 — 127 — Parish training and mission — — — — — 338 Church running - insurance 4,959 — — — 4,959 4,276 Church office - telephone 1,206 — — — 1,206 902 Church Office - stationery 199 — — — 199 1,439 Church Office - equipment 1,808 — — — 1,808 4,975 Organ / piano tuning — 476 160 — 636 1,764 Church maintenance 1,811 — 386 — 2,197 22,300 Cleaning 2 — — — 2 — Cleaning Church Only 8,469 — — — 8,469 6,119 Cleaning Materials St Luke's 901 — — — 901 — Waste Disposal 5,330 — — — 5,330 4,877 Vermin Control 752 — — — 752 659 Upkeep of services 2,209 — 191 — 2,399 3,465 Upkeep of churchyard 50 — — — 50 8,486 Administration 2,894 — — — 2,894 3,089	103 — — — 103 — 1,155 — — — 1,155 1,041

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Storage - off site Church running - electric Church running - gas Church running - water Magazine expenses Upkeep of car park St Lukes Centre running - electricity St Lukes Centre running - gas St Lukes Centre running - insurance St Lukes Centre running - maintenance St Lukes Centre running - telephone St Lukes Centre running - water St Barnabas Hall running - electricity St Barnabas Hall running - insurance St Barnabas Hall running - maintenance St Barnabas Hall running - water Hall running - heating and lighting Governance costs examination/audit fee Church major repairs - structure Church major repairs - installation Hall + major repairs - installation Hall + interior and exterior decorating Total Other expenditure Cleaning Materials St Luke's Centre Cleaning Costs - Church Centre St Luke's Cleaning Costs - Church Centre St Barnab Total	— — — — — 800 4,158 — — — 4,158 3,049 21,019 — — — 21,019 11,180 368 — — — 368 330 4,676 — — — 4,676 1,368 — 2,678 — — 2,678 449 4,266 — — — 4,266 3,584 — — — — — 446 1,480 — — — 1,480 1,519 2,522 — — — 2,522 6,395 235 — — — 235 — 312 — — — 312 399 5,061 — — — 5,061 3,890 1,134 — — — 1,134 1,052 2,033 — — — 2,033 2,662 525 — — — 525 140 528 — — — 528 1,404 — — — — — 12 — — 57,798 — 57,798 2,754 3,185 — — — 3,185 3,822 — — — — — 2,402 172 — — — 172 —
	225,456 3,154 58,662 — 287,271 228,948 903 — — — 903 — 296 — — — 296 — 760 — — — 760 —
	1,959 — — — 1,959 —
EXPENDITURE TOTAL	228,673 3,154 58,662 — 290,488 229,989
GRAND TOTAL	(89,193) 8,359 (49,324) (1,429) (131,587) (41,260)

Staff Costs

Staff Costs
	2023	2022
Wages & Salaries	£44,444	£ 28,303
Average number of employees	5	3

During the year the PCC employed 2 administrative officers, a caretaker, organist (until August) and verger (all part-time).

There were no employee benefits to key management personnel in the previous or current year.

The PCC use the National Employment Savings Trust (NEST), via the Diocesan Payroll Scheme, for its pension payments. The PCC paid £552 (2022: £307) in pension contributions and £1,791 (2022: £1,097) in employer national insurance.

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Trustees’ Remuneration & Expenses

2 Trustees have been reimbursed £2,628 (2022: £2,868 – 2 trustee) for travel and phone expenses incurred during the year.

• 1 Trustee has been paid £2,890 (2022: £2,835) during the year for their services as verger.

Related Parties

No other expenses were paid to any other PCC member, persons closely connected to them or related parties.

Donations from related parties (PCC members) totalled £12,000 (2022 £12,575).

Fees for the examination of the accounts

	2023 £	2022 £
Independent Examiner’s fees	200	174
Other fees (eg accountancy services) paid to the Independent Examiner	-	-

Fixed Assets

a. Tangible Fixed Assets

	2023 Freehold buildings £	2022 Freehold buildings £
Cost
At 1stJanuary	1,164,218	1,164,218
Disposals	-	-
At 31st December	1,164,218	1,164,218

Freehold buildings are shown at cost and relate to Gloucester Way, St Luke’s Centre, and St Barnabas Hall. No depreciation is provided on these properties as the PCC is of the opinion that their market value is in excess of the values shown in the accounts.

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b. Fixed Asset Investments

	At 1stJan £	Change in market value £	At 31stDec £
DorothyLinford Trust	34,587	3,254	37,841
Fabric Fund	160,787	15,127	175,914
Cannock Ecclesiastical Purposes	5,201	472	5,493
Total	200,395	18,854	219,249

All investments are held with CCLA in the CBF Investment Fund.

There are 1,674 shares for the Dorothy Linford Trust, 7,782 shares held for the Fabric Fund, and 243 shares in the Cannock Ecclesiastical Purposes Charity.

There is a connected charity, called St Luke's Charity (registered with the Charity Commission, no. 243361) with 3 Trustees that are also Trustees of this charity. St Luke's Charity has investments vested in the Vicar and Wardens of Cannock and Huntington.

Liabilities due within one year

	2023 £	2022 £
Parish share	-	-
Other creditors	-	-
Agency	1,218	(5,506)
Total	1,218	(5,506)

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Receipts and Payments Account - 2022

	Unrestricted Designated Restricted Endowment Total Prior year funds funds funds funds funds total funds
Receipts Donations and legacies Income from charitable activities Other trading activities Investments Other income Total receipts Payments Raising funds Expenditure on charitable activities Total payments Excess of receipts over payments before transfer Transfers Gross transfers between funds - in Gross transfers between funds - out Excess of receipts over payments before other gains / losses Gains / losses on revaluation Net movement in funds All assets at 01 January 2022 All assets at 31 December 2022	70,595 36,960 — — 107,555 72,756 45,594 1,140 — — 46,734 32,318 13,210 9,943 — — 23,153 11,499 1,962 — 3,251 1,445 6,658 5,774 4,630 — — — 4,630 847
	135,991 48,043 3,251 1,445 188,729 123,193 1,041 — — — 1,041 241 201,219 4,833 22,848 — 228,900 156,140
	202,260 4,833 22,848 — 229,941 156,381
	(66,270) 43,209 (19,597) 1,445 (41,212) (33,188) 103,495 103,495 (1,014) — 205,976 10,000 (102,481) (103,495) — — (205,976) (10,000)
	(65,256) 43,209 (20,611) 1,445 (41,212) (33,188) — — — (26,737) (26,737) 28,425
	(65,256) 43,209 (20,611) (25,292) (67,950) (4,762)
	1,285,649 118,070 36,973 228,428 1,669,120 1,673,882
	1,220,393 161,280 16,362 203,136 1,601,170 1,669,120

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