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2022-12-31-accounts

St James & St Peters Parish of Preston Plucknett

Year Ended 31 December 2022 Parochial Church Council Report and Accounts

Registered Charity Number 1158827

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

Contents Page
1. Annual Report 3 - 10
Administrative Information, Structure, Governance and Management
Aims and Purpose
List of Members
Membership
Statement of Members Responsibilities
Objectives and Activities
Achievements and Performance
Deanery Synod Report
Safeguarding Report
Building And Fabric Reports
Consolidated Finance Reports for the Parish of Preston Plucknett
2. Independent Examiners Report 11
3. Financial Review and Reserves Policy 12
4. Statement of Financial Activities 13
5. Statement of Financial Position (Balance Sheet ) 14
Notes to the Financial Statements (1- 18) 15 - 25

Page 2 of 25

The Parochial Church Council of Preston Plucknett

Annual Report and Financial Statements for the Year ending 31[st] December 2022

1. Annual Report

Administrative Information, Structure, Governance and Management

St James’ and St Peter’s churches are situated in the Preston Plucknett district of Yeovil. The r egistered name is: The Parochial Church Council of the Ecclesiastical Parish of Preston Plucknett.

They are part of the Diocese of Bath and Wells within the Church of England. The parish office address is St James’ Church Preston Plucknett, Preston Road, Yeovil, Somerset, BA20 2EZ

These financial accounts are the consolidated accounts for St James, St Peter’s and St Peter’s Community Centre. A summary of the separate accounts can be found under notes 17,18 and 19.

Owing to the overall turnover being over £100,000 the PCC is registered with the Charity Commission as a charity in its own right. The Charity Registration number is 1158827.

The PCC is aware of the risks to which it may be exposed. Financial risk is managed through the PCC’s financial procedures. Insurance continues to be with EIG. Statutory and legal requirements, in particular health & safety and safeguarding are closely monitored by nominated individuals on the PCC and consents, processes, procedures, and records are sought or maintained, as necessary. The PCC is aware of the introduction of the General Data Protection Regulations in May 2018 and maintains arrangements to ensure compliance.

The members of the PCC are appointed according to arrangements set out in the Church Representation Rules. Members are recruited from those on the Church Electoral Rolls and appointed for a three-year term. The appointment is made either by approval at the Annual Parochial Church Meeting or by election if necessary. New members are introduced to PCC procedures and workings.

Aims and Purposes.

The Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent the Reverend David Keen, and the Associate Vicar Rev Ruth Chapman, in promoting the whole mission of the Church of England, pastoral, evangelistic, social and ecumenical.

The PCC is also specifically responsible for the maintenance of the Church Buildings comprising St James main church, entrance vestibule and office and church room, and St Peters main church and St Peters Community Centre. The parish supports a monthly act of worship in the Abbey Community Centre, and also in care homes around the parish.

Page 3 of 25

The Parochial Church Council of Preston Plucknett

Annual Report and Financial Statements for the Year ending 31[st] December 2022 List of Members

PCC members who have served from 1[st] January 2022 until the date this report was approved are:

Vicar David Keen Chairman
Associate Minister Ruth Chapman (Resigned April 2022)
Church Wardens St James Graham Hardacre (Resigned 3.4.22)
St James Ian Holloway (Appointed 3.4.22) Health & Safety Officer
St James Mel Andrews (Appointed 3.4.22)
St Peters Caroline Turner
St Peters Ian Croxford
Jackie Parsons (Resigned 3.4.22) PCC Secretary
Ruth Kirkham (Appointed 3.4.22) PCC Secretary
Deanery Synod St Peters Margaret Hamilton
St Peters Rohda Wilson
St James Christopher Harris
St James John Hanson
Elected Members
St James - 2019 Doug Beard (Resigned 3.4.22)
St James - 2019 Robert Kirton
St Peters - 2020 Kristi Baker
St Peters - 2020 Frances Croxford PCC and St Peters Treasurer
St Peters - 2020 Rhoda Wilson (Resigned 3.4.22)
St James –2021 Ian Holloway (Resigned 3.4.22)
St James –2021 Agostino Colaco
St James - 2021 Mark Felstead
St James - 2021 Amanda Skeats
St James - 2021 Ruth Kirkham
St James - 2022 Pamela Kirton (Appointed 3.4.22)
St James - 2022 Anthony Braithwaite (Appointed 3.4.22)
St James - 2022 Di Braithwaite (Appointed 3.4.22)
St James - 2022 Graham Hardacre (Appointed 3.4.22)
St Peters - 2022 Patricia Quigley (Appointed 3.4.22)
Co - Opted Michael Cox (Resigned 3.4.22) Safeguarding Officer
Jackie Perryman (Appointed 3.4.22) Safeguarding Officer
Lynne Biles St James Treasurer

Page 4 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

Statement of Members Responsibilities

The members 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 Practice).

The law applicable to charities in England and Wales requires the members 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:

The members are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. The members are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 5 of 25

The Parochial Church Council of Preston Plucknett

Annual Report and Financial Statements for the Year ending 31[st] December 2022

Membership :

The PCC maintains separate electoral rolls for each of our Churches.

St James

As at March 2022 there were 94 parishioners (2021 – 93) on the St James’ Electoral Roll. Church membership, those who regularly worship and are counted as part of the annual parish return, is 106 (2021 – 114 ) and the average weekly attendance, taken during October 2022 was 57 adults (2021 – 53**) and 6 children (2021– 7).

*During the year we had a reduction of 14 members; 6 deceased, 6 moved away, 2 did not attend during 2022. But 6 new members were added.

St Peters

As at March 2022 there were 43 parishioners (2021 – 48) on the St Peters’ Electoral Roll. Church membership, those who regularly worship and are counted as part of the annual parish return, is 59 (2021 - 59) and the average weekly attendance, taken during the October 2022 count was 29 adults (2021 - 30) and 3 (2021 -2) children. Also 20 adults and 19 Children addended Messy Church.(2021 15 Adults 11 Children)

Objectives and Activities

The trustees have paid due regard to the guidance given by the Charity Commission on public benefit when deciding what activities, the charity should undertake.

The objectives of the PCC are summed up in our vision statement: -

The PCC’s vision is to be a wholehearted church where we:

This happens through the gathered life of the church (Sundays and in cell groups) in our ministries and programs (children and families ministry, groups for senior citizens, pastoral visitors etc.) and in the lives of church members in their day-to-day settings.

The PCC is committed to enabling both churches to grow and flourish. The PCC maintains an overview of worship, finance, outreach,[i] ministry, facilities, and parish policies (e.g. Safeguarding). All of this is to serve our calling as God’s people – a people who worship God through Jesus, and who share the message of Jesus with the world.

Page 6 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

Achievements and Performance

People and Staffing

It has been a year with many comings and goings. Our Associate Vicar Rev Ruth Chapman left at Easter, and the McKnight family who led childrens work at St James moved to a curacy. Thanks to the generous response to a Gift Day, we have been able to take on Laura Broome as part-time Family and Childrens Worker, as well as SWYM student Junel Harris as her assistant.

The parish continues to punch above its weight in vocations to ordained ministry. We have 2 former members currently in curacies, 2 in ordination training, and one exploring ordination.

It was another year in which several faithful members of our churches went to glory, in particular we give thanks for the life and service of Betty Hammonds, Derek Mexson and Shirley Peeke.

Worship :

Children, Youth and Families

After a lot of personnel changes in the first half of the year, childrens and youth ministry grew and flourished as the year went on

We are so grateful to all of those who serve with all of these ministries.

Outreach

Page 7 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

Thank you to everyone who supports the church financially, both churches finished the year in the black yet again. St James is particularly feeling the effects of covid on membership and giving, and really needs to move away from reliance on yearly Gift Days to balance the books. We are grateful to Frances Croxford and Lynne Biles, our two superb Treasurers, who have worked diligently and cheerfully throughout the year.

I am grateful for the prayers, love and enthusiasm of every member of our two amazing churches. I am privileged to serve God here, among such good people, and with such an excellent leadership team at both churches.

Rev David Keen, February 2023.

Deanery Synod Report

On 8[th] February ’22 we met together on Zoom in the face of steadily rising transmission of Covid in South Somerset. As usual we shared news from the parishes and items for the deanery prayer diary.

The focus of this meeting was on chaplaincy and Mike Haslam the chaplaincy advisor for the diocese introduced the topic and explained the overall concept. He then introduced Linda Hann chaplain for Yeovil hospital, Helena Power chaplain to Rockwell Green estate and primary school, who spoke about their work and answered questions. Revd James Dudley Smith read a report from Ben Graham chaplain to Yeovil College as Ben was unable to be with us in person.

Revd David Keen updated us on Diocesan Synod.

At the AGM in April St Peter’s church elected Rhoda Wilson and Margaret Hamilton as deanery synod reps. They attended Deanery Synod on 21[st] June at St Margaret’s primary church school Tintinhull and heard how the school had managed to educate their students during the lockdown due to Covid 19. We also had a presentation from the diocesan ecology specialist. There was plenty advice on helpful ways our churches can respond to climate emergency.

The next meeting on 25[th] October was changed from the original date and neither of us were able to attend. Future dates are 23[rd] February ’23, 27[th] June ’23, 17[th] October ’23.

Margaret Hamilton ( Feb 2023)

Page 8 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

Annual Safeguarding Report to St James’ and St Peter’s PCC

This is my first report as Parish safeguarding Officer (PSO) as I have gradually taken over this role from Mike Cox during 2022. I have now completed the PSO induction training, and the Leadership level safeguarding training with Bath and Wells Diocese.

Parish Safeguarding Policy

The Parish Safeguarding Policy has been updated with new contact details, as have the posters in churches and the website.

Parish Safeguarding Dashboard

The parish continues to use the Parish Safeguarding Dashboard, provided by the diocese, to monitor actions required by the PSO and PCC. This is updated regularly, and reports are sent to the PCC.

Disclosure and Barring Service (DBS) checks

Throughout the year all paid and volunteer workers with young people and vulnerable adults have had the correct DBS checks, either new or renewed.

Safeguarding Training

All volunteers are reminded to renew their training every three years via the CofE online training portal. A new training course on Domestic Abuse is now available and a requirement for many roles.

St Peter’s Community Centre

The growth in activities at St Peter’s Community Centre has created a number of new roles which have required safer recruitment and DBS checks, and further developments are still taking place.

Notes of Concern

A few notes of concern have been passed to the PSO this year relating to either young people or vulnerable adults. All have been dealt with according to diocesan policy.

Jackie Perryman Parish Safeguarding Officer St James and St Peter’s, Yeovil February 2023

Page 9 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

Building and Fabric Reports

Fabric Report for St James’ Church and Buildings

The PCC have continued to ensure that the fabric of the church buildings and surrounds have been kept in good condition.

All systems requiring annual safety and certification checks have been tested and recertified. This includes gas boilers, fire safety equipment, fire/security alarms and PAT testing.

The 5 yearly Electrical Installation Condition Report inspection was carried out and the external floodlight system and some of the fire exit lights were found to be inadequate. The floodlight system has been isolated until fault diagnosis has been carried out and the exit lights have been scheduled for replacement by our contractor.

No major works have been carried out and the work advised by the Quinquennial report has been put on hold until the financial situation improves.

Some small works and projects have been completed during the year and the second set of two yew trees were cut back hard in year 2 of the 3 year programme. Work was carried out under advice from the Diocesan tree expert and the second pair of trees have survived and are flourishing.

The churchyard and grounds have been maintained by a small team of dedicated volunteers who cut the grass and look after the flower beds.

And finally, we should record our thanks to the churchwardens, fabric team, grass cutters, church cleaners and everyone else who helped, for all their hard work during the past year.

Chris Harris

Fabric Report for St Peter’s Church and Community Centre

Its been a busy year at St Peters Church and Community Centre, opening up after covid has bought its challenges. In January we updated our alarm system so as to extend the number of key fobs to 50 which is all now working well.

We had a few issues with the heating system early in the year and found a faulty heating pump had to be replaced.

In April we had issues with Sound boards in the centre coming loose and so they we had the ones in the café area removed and re hung.

The wood panelling on the south end of the Church had a new coat of paint , but probably needs some further attention.

In September, after a few incidents with Youths climbing on the roof , we made the decision to extend the CCTV around to the back of the Centre. Since then, we have had no further incidents.

All the usually Gas Safety, Fire alarms, Fire Extinguisher checks, Security Alarms, entry Door Checks and PAT testing have been carried out during the year.

Ian Croxford – St Peters Church Warden – Feb 2023

Page 10 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

2.Independent Examiners Report to the Trustees of the Parochial Church Council of the Ecclesiastical Parish of Preston Plucknett

I report on my examination of the accounts of the above charity (“the Trust”) for the year ended 31[st] December 2021 set out on pages 16 to 28.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under Section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under Section 145 (5)(b) of the Act.

Independent Examiner’s Statement

I have completed my examination; I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe in any material respect:

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.

S M Bachrach, Chartered Accountant

Independent Examiner

Chalmers & Co (SW) Limited

Chartered Accountants

Trading as Chalmers & Co

6 The Linen Yard

South Street Crewkerne Somerset

Date: 30 April 2023

Page 11 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

3.Financial Review and Reserves Policy

Parish Financial Review

Note: Designated funds are those funds that the PCC has decided to allocate monies to. Restricted funds are those funds for which monies have been specifically given and are therefore restricted as to what they can be used for.

Income

Total receipts on unrestricted and designated funds were £127,842 (2021 - £150,096 ) and for restricted funds £ 83,035 (2021 - £61,125) giving a total income of £ 210,877 (2020 - £221,221) .

The restricted fund receipts include £68,721 to St Peters Community Centre project, £ 5,448 to the Parish Youth Fund, £ 5483 to Parish Family and Children’s Worker Fund and £ 3,383 to St James Reordering fund.

Expenditure

Expenditure on unrestricted and designated funds amounted to £112,965 (2021 - £115,254) and restricted funds £ 63,983 (2021 - £58,592) giving a total expenditure of £ 186,948 (2021 - £173,846).

Restricted Fund Expenditure includes £46,768 for St Peters Community Centre Project, £12,360 to the Parish Youth Fund , £ 4,813 to Parish Family and Children’s Worker Fund and £42 St James Re Ordering Fund

Reserves policy

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 £28,300 (St James £22,600 St Peters £5,700). It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the yearend was £ 54,481 (St James £36,346 St Peters £17,895). This exceeds our target.

However it would be desirable to set our target to be higher, say 6 Months unrestricted payments which would be £56,599 (St James £45,199 St Peters £11,400) . We are not far off this target and would be good to aim at for next Year.

Funds

A summary of funds can be found under note 6

Funds that are Relevant to the whole Parish are :-

Parish Giving Fund

This includes both the Parish Mission giving fund and the Parish community Fund. We have transferred into the fund £2,765 ( £2,397 – 2021) from General funds and £1,776 (£1,761 2021) was added from lent and advent giving and other events. This year we fulfilled our giving pledges to our 4 mission partners of £4,000 ( £4000 - 2021 ) which is to be distributed in February 2023. The balance of £2141 is the balance of our Hardship fund which needs to be reviewed as not had much use.

Parish Youth Fund

We started the year at a balance of £13,788, £5,488 was added and costs were £12,360. The balance as at 31 Dec 2022 was £6,876. This fund is due to finish Aug 2023 unless further funding can be found.

Parish Family and Children’s Worker Fund

This is a new fund set up this year to enable us to employ a families and children’s worker and a SWYM trainee for the Parish. This was started by a £13,500 legacy, a Gift day £8,851 ( St James £5,483 , St Peters £3,368) and a transfer £5000 from St Peters Reserves. There have been £4813 expenses leaving a balance of £22,538. Estimate that this should run till August 2024

It is our policy to invest our funds balances with the CBF Church of England Deposit Fund. Balance as at 31 December 2022 £67,163 (St James £40,529, St Peters £26,634) Prior Year £66,291 (St James £40,003 , St Peters £26,287)

Page 12 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

4. Parish Statement of Financial Activities

For the year ended 31 December 2022

Notes Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date		 Prior Year
Income
Charitable Activities 4(a) 89,703
4,524
13,174
107,401
5,199
618
32,565
38,382
667
0
306
973
22,137
4,994
36,990
63,121		 106,763
Grants and Donations 4(b) 55,763
Income from Investments 4(c) 26
4(d) 48,670
117,706
10,136
83,035
210,877		 211,222
Cost of Events and Activities 5(a) 1,184
4,868
22,333
28,384
896
4,125
0
5,021
103,231
2,789
34,734
140,754
483
0
5,023
5,506
5,233
167
1,894
7,283		 9,795
Mission and Charitable Giving 5(b) 6,181
Directlyrelatingto the Church 5(c) 138,669
Major Capital Costs 5(d) 10,733
Other Costs 5(e) 8,468
Total Expenditure
111,027
11,938
63,983
186,5958		 173,846
Net Income /(Expenditure) 6,679
(1,802)
19,052
23,929		 37,376
Fund Balances B/F 55,327
39,089
68,590
163,006
-7,765
7,765
0
0		 125,630
Transfers Between Funds 0
Fund Balances C/F 54,241
45,053
87,641
186,935		 163,006

Page 13 of 25

The Parochial Church Council of Preston Plucknett

Annual Report and Financial Statements for the Year ending 31[st] December 2022 5 Parish Statement of Financial Position As at 31 December 2022

Notes
Unrestricted
Funds
Designated
Funds
Restricted
Funds		 Year end
31 Dec 2022
Prior Year
end 31 Dec
2021
Fixed Assets
Tangible Assets
Fixed assets
Total Tangible Assets
Current Assets		 Tangible Assets
Fixed assets
0
0
0		 0 0
7
0
0
0		 0 0
Debtors and Prepayments
Cash at bank and in hand
St James
St Peters		 8
5,501
1,753
1,909		 9,163
82,785
105,829		 8,642
9
34,905
32,882
14,998		 87,529
10
17,061
14,244
74,524		 84,417
51,966
47,126
89,522		 188,614 171,946
197,778 180,588
Creditors and Accruals
Accruals
11
3,226
3,826
3,791		 10,843 17,582
Total Creditors: amounts falling due within one year
3,226
3,826
3,791
Net Current Assets (Liabilities)
54,482
23,185
109,267
Net Assets
54,482
23,185
109,267
Funds and Reserves		 10,843 17,582
54,482
23,185
109,267		 186,935 163,006
54,482
23,185
109,267		 186,935 163,006
Total Parish Funds and Reserves
Fund Balances - St James
Fund Balances - St Peters
Total Parish Funds and Reserves
36,346
40,680
7,546
17,895
4,373
80,095		 84,572 80,690
102,263 82,316
54,482
23,185
109,267		 186,935 163,006

The notes on Pages 15 – 25 form part of the accounts

Approved by the PCC on 30[th] April 2023 and signed on behalf by:-

Reverend David Keen (Chair Person ) and Frances Croxford ( PCC Treasurer)

Page 14 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022 Notes to the Accounts

for the year ended 31[st] December 2022

1. General Information

The PCC is a charity registered with the Charity Commission in England & Wales, number 1158827, and is unincorporated. The address of the principal office is The Parish Office, St James’ Church, Preston Plucknett, Preston Road, Yeovil, Somerset, BA20 2EZ

2. Statement of Compliance

The Financial Statements have been prepared under the historical cost convention and on an accruals basis in accordance with the Church Accounting Regulations 2006 and Charities Act 2011, together with applicable accounting standards, FRS 102 and the Charities SORP (FRS 102).

3. Accounting Policies

Basis of preparation

The Financial Statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the Financial Statements of church groups that owe their main affiliation to another body. The financial statements are prepared in sterling, which is the functional currency of the entity.

Funds

See separate notes 6 and 16.

Income

Collections are recognised when receivable by or on behalf of the PCC.

The income from social events etc. is accounted for gross of expenses at the time it is received.

Rental income from the letting of church premises is recognised when the event takes place, and the revenue is earned. Any amounts not received at the year-end are shown within accounts receivable.

Interest is accounted for when receivable.

All legacies receivable are credited to the statement of financial activities as incoming resources.

Donations under gift aid are recognised as income when the donation is received. Donations of items other than cash are included in income at current value.

Income tax recoverable under the gift aid scheme is recognised at the same time as the donation to which they relate.

Expenditure

Resources expended are shown gross, including irrecoverable VAT, and are accounted for on an accrual’s basis. Costs are allocated directly to the category to which they relate or apportioned on an equitable basis where they involve more than one category. Where this allocation is not possible costs are allocated within “other costs”. Missionary and Charitable giving is accounted for when awarded and paid out at the beginning of the next financial Year.

Page 15 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

Fixed Assets

Consecrated and beneficed property is excluded from Financial Statements by s10(2) of the Charities Act 2011. No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal, since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or beneficed buildings and moveable church furnishings, whether maintenance or improvements, is written off as expenditure in the Statement of Financial Activities (SOFA) and separately disclosed in the notes to the Financial Statements. The value of the church hall is not included in the Statement of Financial Position as it forms part of a single building with St Peter’s Church. All expenditure incurred in the year on maintenance or improvement of the property is written off as expenditure in the SOFA and separately disclosed in the notes to the Financial Statements. Other fixed assets over £5,000 are capitalised at cost and depreciated over 4 years on a straight line basis.

Current Assets

Amounts owing to the PCC at the balance sheet date are shown as debtors.

Short term deposits include cash held on deposit with CBF Church of England Funds.

Current Liabilities

Creditors are provided in the accounts when expenditure is incurred in the accounting year but not paid until later accounting periods.

Grants

Grants are accounted for on the basis of date of receipt.

Value Added Tax

The charity is not registered for VAT. VAT on certain repairs to the church building can be reclaimed under the Listed Places of Worship Scheme.

Judgements and key sources of uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Going concern

There are no material uncertainties about the charity's ability to continue.

Page 16 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

4a Charitable Activities Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date		 Prior Year
Planned Giving- Gift Aided Donations 51,775
60
4,510
56,345
5,301
0
1,686
6,987
7,598
1,038
0
8,636
896
0
0
896
18,399
498
1,885
20,782
5,734
2,928
5,093
13,755		 62,414
Planned Giving- Other 7,792
Collections -Openplate 6,398
Special Collections 1,380
Gift Aid Recovered and Due 23,199
Gift days 5,580
Total Charitable Activities 89,703
4,524
13,174
107,401		 106,763
4b Grants and Donations Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date		 Prior Year
Donations and Appeals - St James 1,397
393
1,150
2,940		 16,793
Donations and Appeals - St Peters 2,277
225
1,209
3,711		 1,275
Legacy- St James 0
0
0
0		 19,888
Grants 17,807
Bath & Wells - Energy Grant - St James 775.00
775
Bath & Wells - EnergyGrant - St Peters 750.00
750
Abri Housing Association - Pantry & Toddlers 3,000.00
3,000
South Somerset District Council - Food
Resilience work		 14,000.00
14,000
Abri - Creating Communities fund 1,540.00
1,540
Somerset CommunityFund - Warm Hub 1,000.00
1,000
Adsa Foundation - Warm Hub 1,645.00
1,645
Yeovil Round Table - Grant PantryProject 4,771.00
4,771
Bath and Wells Cost of livingGrant- Warm Hub 500.00
500
Yeovil Town Council - Youth Drop in Service
Agreement - Year 1 Qtr 1 Jan - Mar 2023		 3,750.00
3,750
Total Grants and Donations 5,199
618
32,565
38,382		 55,763
4c Income from Investments Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date		 Prior Year
Bank Interest Received 667
0
306
973		 26
Total Income from Investments 667
0
306
973		 26
4d Activities for Generating Funds Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date		 Prior Year
Fees Received Wedding 1,495
345
0
1,840
4,914
0
0
4,914
0
4,649
0
4,649
0
0
29,922
29,922
322
0
0
322
1,510
0
306
1,816
3,853
0
0
3,853
1,630
0
2,945
4,575
1,568
0
3,817
5,385
5,332
0
0
5,332
1,338
0
0
1,338
175
0
0
175
0
0
0
0		 819
Fees Received - Funerals 4,570
Fees Received - Due to DBF 5,738
St Peters CommunityCentre Letting 26,185
Parish W/E AwaydayIncome 0
Mums and Toddlers Income 357
Fund Raising- St James 3,616
Fund Raising- St Peters 3382
Refreshment and Food Income 0
Lettings - St James Church 2,701
Lettings - St Peters Church 477
Other Income - St James 370
Other Income - St Peters 455
22,137
4,994
36,990
64,121		 48,670

Page 17 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

5a Cost of Events and Activities
Unrestricted
Designated
Funds
Restricted
Funds
Year to Date		 Prior Year
Heat and Light Community Centre
0
0
5,298
5,298
Repairs and Renewals – Community Centre
0
0
7,136
7,136
Cleaning and Supplies – Community Centre
0
0
7,450
7,450
Food Purchases – Community Centre
0
0
2,118
2,118
Insurance - Community Centre
0
0
330
330
Venue Hire
829
0
0
829
DBF - Parochial Fees Paid
0
4,868
0
4,868
Bursary Awarded - Community Centre
0
0
0
0
Parish Away day
355
0
0
355		 3,094
0
0
0
289
263
4,396
1,753
Total Cost of Events and Activities
1,184
4,868
22,332
28,384		 9,795
5b Mission and Charitable Giving
Unrestricted
Designated
Funds
Restricted
Funds
Year to Date
Prior Year
Parish Mission and CharityGiving
Parish Mission Partners
Christians Against Poverty
1,000
1,000
1,000
Lords Larder
1,000
1,000
1,000
Yeovil For Families
1,000
1,000
1,000
Open Doors
1,000
1,000
1,000
St Peters Bingo - Lords Larder
0
401
St Peters Bingo – CC Toilet Twinning
0
400
St James - Oddments Theatre
125
125
0
HardshipFund Payments made
0
0
0
0
400
Special Collections
896
0
0
896
980
Total Mission and Charitable Giving
896
4,125
0
5,021
6,181

Page 18 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

5c Directly Relating to the Church
Unrestricted
Designated
Funds
Restricted
Funds
Year to Date		 Prior Year
Diocesan Quota
Diocesan Quota - St James
65,633
0
0
65,633
Diocesan Quota - St Peters
14,985
0
0
14,985
65,632
14,985
Total Diocesan Quota
80,618
0
0
80,618
ClergyExpenses
1,167
0
0
1,167
Youth Work Expenses
0
0
0
0
Children's Work Expenses
1,281
0
0
1,281
Heat and Light
St James
4,487
0
0
4,487		 80,617
1,539
112
686
3,207
St Peters
1,162
0
0
1,162		 773
Total Heat and Light
5,649
0
0
5,649
Insurance
Insurance - St James
908
0
0
908
Insurance - St Peters
83
0
0
83		 3,980
863
105
Total Insurance
991
0
0
991
Water Rates
84
0
103
187
Repairs and Maintenance
3,434
2,344
0
5,778
Staff Costs
10,007
445
34,631
45,083		 968
166
8,854
41,747
Total Directly Relating to the Church
103,231
2,789
34,734
140,754		 138,669
5d Major Capital Costs
Unrestricted
Designated
Funds
Restricted
Funds
Year to Date		 Prior Year
St Peters Community Centre
0
0
3,078
3,078
Equipment Purchased
483
0
1,945
2,428		 7,921
2,813
Total Major Capital Costs
483
0
5,023
5,506		 10,733
5e Other Costs
Unrestricted
Designated
Funds
Restricted
Funds
Year to Date		 Prior Year
Telephone
658
0
280
938
Stationary
706
0
319
1,025
IT and Software
414
0
254
668
Bank Fees
159
0
74
233
Sundry Expenses
1,567
156
967
2,690
Cleaning and Cleaning Supplies
504
0
0
504
Refreshment expenses
505
0
0
505
Independent Examination Fee
720
0
0
720		 945
1,265
333
169
1,673
2,830
533
720
Total Other Costs
5,233
156
1,894
7,283		 8,468

Page 19 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

6 . Summary of fund movements

Balance B/F
as at 31 Dec
2021		 Incoming
Resources		 Resources
Expended		 Transfers
Between
Funds		 Balance C/F as
at 31 Dec 2022
Unrestricted Funds
St James General Fund 35,632 91,587 -89,061 -1812 36,346
St Peters General Fund 19,695 26,119 -21,966 -5,953 17,895
Total Unrestricted Funds 55,327 117,706 -111,027 -7,765 54,241
Designated Funds
Parish Giving & Hardship fund – 1,725 1,776 -1360 2,141
See note 1 below
Due to DBF Fund 1,342 4,649 -4,868 1,123
Wedding Fund 200 294 -445 49
St James Flower Fund 291 50 -157 184
Taylor legacy Fund 17,553 0 -2,238 15,315
St James -Other Designated Funds 13,500 0 0 -13,500 0
St Peters Church Reorg Fund 3,832 0 -105 3,726
St Peters Tea and Toast Fund 647 0 0 647
St Peters Gift Day Fund 0 3,368 0 -3,368 0
Parish Family and Childrens Worker 0 0 0 21,868 21,868
Total Designated Funds 39,090 10,137 -9174 7,765 45,053
Restricted Funds
Parish Youth Fund 13,788 5,448 -12,360 6,876
St James Reordering Fund -3,341 3,383 -42 0
St PetersCommunity Centre – see Note 19 58,142 68,721 -46,768 80,095
Parish Family and Children’s Worker 5,483 -4,813 670
Total Restricted Funds 68,589 83,035 -63,983 87,641
TOTAL FUNDS 163,006 210,877 -186,595 0 186,935
1
Notes on Transfers between Funds
£5000 was taken from St Peters General fund along with £13500 from St James Other designated fund ( Julier
Legacy ) and £3368 from St Peters gift day and was transferred to our Parish Family and children’s Worker
fund.
Parish Giving & Hardship Fund
St James St Peters Total
B/F 1,725 0 1,725
TRF’s from General funds 1,812 953 2,765
Lent Giving 482 225 707
Christmas Services Collections 744 325 1,069
PAID out to Mission Partners -4,000 0 -4,000
Oddments Theatre Company -125 0 -125
Paid Out - Hardship Fund 0 0 0
Balance Transfer from St Peters to St James 1,503 -1,503 0
Balance C/f 2,141 0 2,141

Page 20 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

7. Fixed Assets
Total Year end
31 Dec 2022
Prior Year end
31 Dec 2021		 7. Fixed Assets
Total Year end
31 Dec 2022
Prior Year end
31 Dec 2021
Accumulated Depreciation
(9,600)
(9,600)
Fixed assets
9,600
9,600
Total Fixed Assets
0
0
8. Debtors and Prepayments
Total Year end
31 Dec 2022
Prior Year end
31 Dec 2021
Accounts Receivable
2,438
2,371
Gift Aid Due - St Peters
1,415
704
Gift Aid Due - St James
4,376
3,293
Church Banking
0
921
Prepayments
935
1.353
Total Debtors and Prepayments
9,164
8,642
9. Cash at Bank and in Hand - St James 9. Cash at Bank and in Hand - St James Total Year end
31 Dec 2022
Prior Year end
31 Dec 2021
St James Church Current Account 5,889
25,377
St James Church Reserve Account 36,367
22,149
St James - CCLA Account 40,529
40,003
Total Cash at Bank and in Hand - St James
10. Cash at Bank and in Hand - St Peters		 82,785
87,529
Total Year end
31 Dec 2022
Prior Year end
31 Dec 2021
St Peters Church Current Account 3,691
2,927
St Peters Church Deposit Account 15,118
15,110
St Peters CommunityCentre Current Account 14,827
3,785
St Peters CommunityCentre Deposit Account 44,574
35,948
Pockit Card - CommunityCentre 985
357
St Peters Church CCLA account 26,634
26,287
St Peters PettyCash 0
3
Total Cash at Bank and in Hand - St Peters 105,829
84,417
11. Creditors and Accruals
Total Year end
31 Dec 2022
Prior Year end
31 Dec 2021
Accounts Payable
(2,743)
(3,4200)
Accruals - St James
(6,302)
(2240)
Accruals - St Peters
(1,798)
(1,922)
St James ReorderingLoan from Diocese
0
(10,000)
Total Creditors and Accruals
(10843)
(17,582)

Page 21 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

12. Related Parties

No related party to the Parochial Church Council, including the PCC Members listed on page 4, has been paid or is payable remuneration or other benefits or expenses from the funds of the Parochial Church Council.

13. Staff Costs

Staff Costs are £41,171 – wages £40,185 pension contributions £986. There were 9 part-time staff ( 5 - 2021) employed at various times during the year. There were no employees with earnings in excess of £60,000.

14. Independent examiner’s Remuneration

Fee for independent examination £ 720 (2020: £720).

15. Details of Funds

Restricted Funds

These funds arise from donations given for specific purposes. Funds include those restricted to St Peters Community Centre New Build and Running Costs and other items.

In addition, funds from special services and associated donations are held temporarily to be distributed to the relevant charities and missionary organisations.

Details are shown in note 6.

Designated Funds

These are funds designated for a particular purpose by the PCC.

Details are shown in note 6.

Unrestricted Funds

Unrestricted Funds represent the funds of the PCC that are not subject to any restriction regarding their use and are available for application on the general purposes of the PCC.

Details are shown in note 6.

Page 22 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022 16. St James Finance Report For Year end 31December 2022

16.
St James Finance Report For Year end 31December 2022
…….....Designated Funds …........
……… Restricted Funds ….
General
Funds
Giving
Fund
Due
to
DBF
Taylor
Legacy
- Fabric
Other
Parish
Family
and
Children
Parish
Youth
Fund
RE
ORDERIN
G
Year to
date		 Prior Year
Income
Planned Giving
44,298
60
0
0
0
0
3,400
2,796
50,554
Loose Plate Collections
4,936
714
0
0
0
0
0
0
5,650
Collections -SUMUP / GIVT
206
0
0
0
0
0
0
0
206
Special Collections
834
0
0
0
0
0
0
0
834
Gift Aid Due and Recovered
12,962
59
0
0
0
0
898
588
14,507
Gift Days - INCLUDING GIFT
AID
7,168
0
0
0
0
5,483
0
0
12,651		 56,094
4,175
310
980
18,776
6,789
Grants
775
0
0
0
0
0
0
0
775
Donations and Appeals
1,397
393
0
0
0
0
1,150
0
2,940
Legacies
0
0
0
0
0
0
0
0
0
Fund Raising
3,853
0
0
0
0
0
0
0
3,853		 9,813
16,793
19,888
3,616
Bank Interest Received
573
0
0
0
0
0
0
0
573
Church and Hall Lettings
5,332
0
0
0
0
0
0
0
5,332
Other Income - St James
3,130
0
0
0
0
0
0
0
3,130
Fees Received
6,123
0
4,649
0
344
0
0
0
11,116		 8
2,701
677
11,036
Total Income
91,587
1,226
4,649
0
344
5,483
5,448
3,383
112,121
Expenditure		 151,655
Diocesan Quota
65,633
0
0
0
0
0
0
0
65,633
ClergyExpenses
602
0
0
0
0
0
0
0
602
Donations Between St James &
St Peters
0
0
0
0
0
0
0
0
0		 65,632
1,539
(1,560)
Insurance
908
0
0
0
0
0
0
0
908
UtilityBills
5,161
0
0
0
0
0
0
0
5,161
Mission and CharityGiving
0
2,622
0
0
0
0
0
0
2,622
Mission and Charity Giving -
Special collections
834
0
0
0
0
0
0
0
834		 863
3,790
3,133
980
Wages
9,011
0
0
0
445
4,813
12,360
0
26,629
Children’s Work
404
0
0
0
0
0
0
0
404
Cost of Events
355
0
0
0
0
0
0
0
355
Youth Work Costs
0
0
0
0
0
0
0
0
0
General Repairs and
Maintenance
2,375
0
0
2,238
0
0
0
0
4,613
Other Admin Costs
3,418
0
4,868
0
157
0
0
42
8,485
Equipment Purchased
0
0
0
0
0
0
0
0
0
Independent Examination Fee
360
0
0
0
0
0
0
0
360		 23,043
312
0
53
1,997
6,912
897
240
Total Expenditure
89,061
2,622
4,868
2,238
602
4,813
12,360
42
116,606		 107,832
Net Income /(Expenditure)
2,526
(1,396)
(219)
(2,238)
(258)
670
(6,913)
3,341
(4,366)		 43,823
Fund Balances B/F - St James
35,632
1,725
1,342
17,553
13,991
0
13,788
(3,341)
80,690
Transfers Between Funds
(1,812)
1,812
0
0
(8,368)
0
0
0
8,368		 36,867
0
Fund Balances C/F
36,346
2,141
1,123
15,315
22,101
670
6,876
0
84,572		 80,690
Funds Represented By:-
St James Current Account 5,889 25,376
St James Deposit Account 36,367 22,148
St James CCLA Account 40,529 40,003
Gift Aid Due - St James 4,376 3,294
OwingBetween St James and St Peters 3,014 755
Prepayments 819 1,353
Accruals - St James (6,422) (2,240)
Loan 0 (10,000)
Total Funds Represented by :- 84,572 80,690

Page 23 of 25

The Parochial Church Council of Preston Plucknett

Annual Report and Financial Statements for the Year ending 31[st] December 2022

17. St Peters Finance Report as at 31 December 2022

17. St Peters Finance Report as at 31 December 2022
Unrestricted
….....................Designated…........................
Restricted
General
Funds
Giving
Fund
Church
Reordering
Fund
Tea &
Toast
Fund
Gift Day
Fund
Community
Centre
Fund
Year to
Date		 Prior
Year
Income
Planned Giving
12,779
0
0
0
0
0
12,779
Loose Plate Collections
2,456
325
0
0
0
0
2,781
Special Collections
62
0
0
0
0
0
62
Gift Aid Recovered and Due
4,003
0
0
0
0
10
4,013
Gift Days IncludingGift Aid
0
0
0
0
3,368
0
3,368
Grants
750
0
0
0
0
30,206
30,956
Donations and Appeals
2,277
225
0
0
0
1,209
3,711
Fund Raising
1,630
0
0
0
0
2,945
4,575
Refreshment / Food Income
444
0
0
0
0
3,817
4,261
Bank Interest Received
94
0
0
0
0
306
400
Church and Community Centre
Lettings
1,338
0
0
0
0
29,922
31,260
Other Income - St Peters
0
0
0
0
0
306
306
Fees Received
286
0
0
0
0
0
286		 14,112
2,202
400
2,926
0
7,995
1,275
1,807
1,574
18
26,661
505
91
Total Income
26,119
550
0
0
3,368
68,721
98,758
Expenditure		 59,567
Diocesan Quota
14,985
0
0
0
0
0
14,985		 14,985
ClergyExpenses
564
0
0
0
0
0
564
Insurance
83
0
0
0
0
330
413		 1,560
395
UtilityBills
1,231
0
0
0
0
5,682
6,912		 4,395
Mission and Charity Giving -
transfer to Parish Giving Fund
0
1,503
0
0
0
0
1,503
Mission and Charity - Special
collections
62
0
0
0
0
0
62
Wages
996
0
0
0
0
17,458
18,454
Children’s Work
878
0
0
0
0
0
878
Youth Work Costs
0
0
0
0
0
0
0
General Repairs and Maintenance
1,059
0
106
0
0
7,137
8,301
Major Works
0
0
0
0
0
3,078
3,078
Other Admin Costs
1,265
0
-1
0
0
11,139
12,404
Equipment Purchased
483
0
0
0
0
1,945
2,428		 1,667
400
18,703
373
60
3,438
11,341
4,550
1,916
BursaryAwarded
0
0
0
0
0
0
0
Independent Examination Fee
360
0
0
0
0
360
360		 1,753
480
Total Expenditure
21,966
550
105
0
0
46,768
70,343		 66,014
Net Income /(Expenditure)
4,153
0
-105
0
3,368
21,953
28,415		 -6,447
Fund Balances B/f - St Peters
19,695
0
3,832
647
0
58,142
82,316
Transfers Between Funds
(953)
953
0
0
0
0
0		 88,763
0
Transfer to St James RE Family and
Children’s worker
-5,000
0
0
0
-3,368
0
-8,368		 0
Fund Balances C/F
17,895
0
3,726
647
0
80,095
102,363		 82,316
Funds Represented By:-
St Peters Church Current A/c
3,691		 2,927
St Peters CommunityCentre A/c
14,827		 3,785
St Peters C C Deposit Account
44,574		 35,948
Pockit Card - CommunityCentre
985		 360
St Peters Deposit Account
15,118		 15,110
St Peters CCLA Account
26,634		 26,288
Gift Aid Due - St Peters
1,415		 704
Accounts Receivable
2,438		 2,371
Prepayments
116		 921
Accounts Payable
-2,743		 -3,420
Accruals - St Peters
-1,678		 -1,923
Owing Between St James and St
Peters
-3,014		 -755
Total Funds Represented by :-
102,363		 82,316

Page 24 of 25

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2022

18. St Peters Community Centre Finance Report

This note is just for reference.

All of the funds for St Peters Community Centre are held within St Peters Restricted fund (see Note 17 above and note 6). The Centre management committee felt it useful to divide the total funds between the funds stated below, but they are all Parish Restricted funds to be used for the running of the Community Centre.

General
Running
Fund
Pantry
Baby
and
Toddler
Youth
Drop In
Warm
Hub
Fund
Salary
Reserve
Fund
Car Park
Fund
Build/
Mainten
ance
Fund
Total
For the
Year
2022		 Prior
year
2021
Income
Grants
0
9,771
1,500
5,290
13,645
0
0
0
30,206
Donations and Appeals
0
0
0
1,069
140
0
0
0
1,209
Bank Interest Received
306
0
0
0
0
0
0
0
306
Lettings
29,922
0
0
0
0
0
0
0
29,922
Fund Raising
3,341
0
0
0
0
0
0
0
3,341
Refreshment / Food Income
2,002
0
0
0
1,419
0
0
0
3,421
Special Collections
0
0
0
0
0
0
0
0
0
Gift Aid Recovered and Due
0
0
0
0
10
0
0
0
10
Mums and Toddlers Income
306
0
0
0
0
0
0
0
306
Other Income - St Peters
0
0
0
0
0
0
0
0
0
Re Charge to General Running re
Letting Costs
2,599
0
-1,231
-552
-816
0
0
0
0		 7,995
0
5
26,185
330
1,482
400
0
50
215
0
Total Income
38,476
9,771
269
5,807
14,398
0
0
0
68,721
Expenditure		 36,662
Wages - Centre Manager
12,212
0
819
0
394
0
0
0
13,425
Wages - Cleaner
0
0
0
0
0
0
0
0
0
Wages - maintenance / Cook
1,336
0
0
0
1,661
0
0
0
2,997
Wages - Youth Dropin
0
0
0
634
0
0
0
0
634
Pension Costs - Er
371
0
0
19
12
0
0
0
402
Insurance
330
0
0
0
0
0
0
0
330
Gas
1,743
0
0
0
457
0
0
0
2,200
Electricity
2,906
0
0
0
193
0
0
0
3,099
Telephone & Internet
280
0
0
0
0
0
0
0
280
Water rates
103
0
0
0
0
0
0
0
103
Special collections
0
0
0
0
0
0
0
0
0
General Repairs and Maintenance
6,319
699
0
42
0
0
77
0
7,137
Major Works
0
0
0
0
0
0
3,078
0
3,078
Bank Fees
32
0
0
0
0
0
0
0
32
Stationary& Office Expenses
166
0
0
0
153
0
0
0
319
Refreshments/ Food costs
535
0
228
131
1,224
0
0
0
2,118
Cleaningand CleaningSupplies
7,450
0
0
0
0
0
0
0
7,450
Waste Disposal
276
0
0
0
0
0
0
0
276
IT Software and Consumables
254
0
0
0
0
0
0
0
254
SundryExpenses
286
150
0
0
256
0
0
0
692
Other Admin Costs
0
0
0
0
0
0
0
0
0
Equipment Purchased
235
0
0
632
1,078
0
0
0
1,945
BursaryAwarded
0
0
0
0
0
0
0
0
0
Independent Examination Fee
0
0
0
0
0
0
0
0
0		 15,281
1,855
1,029
0
458
316
1,128
1,966
282
100
400
2,825
11,341
24
111
345
2,613
522
106
47
0
1,334
1,753
240
Total Expenditure
34,833
849
1,047
1,458
5,426
0
3,155
0
46,768		 44,077
Net Income /(Expenditure)
3,643
8,922
-778
4,349
8,972
0
-3,155
0
21,953		 -7,415
Fund Balances B/F
Fund Balances B/f -
13,453
0
1,732
0
0
15,000
10,460
17,497
58,142
Transfer Between Funds
-3,000
3,000
0		 65,557
Fund Balances C/F
14,096
8,922
954
4,349
8,972
15,000
7,305
20,497
80,095		 58,142

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