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← The Parochial Church Council Of The Ecclesiastical Parish Of St James The Great, Yeovil

2023-12-31-accounts

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St James & St Peters Parish of Preston Plucknett

Year Ended 31 December 2023 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 2023

Contents Page
1. Annual Report 3 - 11
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 12
3. Financial Review and Reserves Policy 13
4. Statement of Financial Activities 14
5. Statement of Financial Position (Balance Sheet ) 15
Notes to the Financial Statements (1- 18) 16- 26

Page 2 of 26

The Parochial Church Council of Preston Plucknett

Annual Report and Financial Statements for the Year ending 31[st] December 2023

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 St James The Great Yeovil.

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 16, 17 and 18.

Owing to the overall income 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 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 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

List of Members

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

Vicar David Keen Chairman
Associate Minister Yet To Be Appointed
Church Wardens St James Ian Holloway
St James Mel Andrews
St Peters Caroline Turner
St Peters Ian Croxford
Ruth Kirkham PCC Secretary
Frances Croxford PCC and St Peters Treasurer
Deanery Synod St Peters Margaret Hamilton
St Peters Rhoda Wilson
St James Carly Plewes Appointed 30.04.23
St James John Hanson Resigned 19.10.23
St James Christopher Harris Resigned 30.04.23
Elected Members
St James - 2019 Robert Kirton
St James –2021 Agostino Colaco Resigned 20.10.23
St James - 2021 Mark Felstead
St James - 2021 Amanda Skeats Resigned 20.10.23
St James - 2021 Ruth Kirkham
St James - 2022 Pamela Kirton
St James - 2022 Anthony Braithwaite Resigned 30.04.23
St James - 2022 Di Braithwaite Resigned Oct 2023
St James - 2022 Graham Hardacre
St James - 2023 Malcolm Iremonger Appointed 30.04.23
St James - 2023 John Hanson Appointed Jan 2024
St Peters - 2022 Patricia Quigley Resigned 30.04.23
St Peters - 2023 Kristi Baker Appointed 30.04.23
St Peters - 2023 Susan McFadden Appointed 30.04.23
St Peters - 2023 Phillida Patman Appointed 30.04.23
Co - Opted Jackie Perryman Safeguarding Officer
Lynne Biles St James Treasurer

Page 4 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

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Page 5 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

Membership :

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

St James

As at April 2023 there were 91 parishioners (2022 – 94) on the St James’ Electoral Roll. Church membership, those who regularly worship and are counted as part of the annual parish return, is 103* (2022 – 106) and the average weekly attendance, taken during October 2023 was 76 adults (2022 – 57) and 6 children (2022– 6).

*During the year we had a reduction of 12 members; 5 deceased, 5 moved away, 2 did not attend during 2023. But 9 new members were added.

St Peters

As at April 2023 there were 45 parishioners (2022 – 43) on the St Peters’ Electoral Roll. Church membership, those who regularly worship and are counted as part of the annual parish return, is 52 (2022 - 59) and the average weekly attendance, taken during the October 2023 count was 34 adults (2022 - 29) and 3 (2022 -3) children. Also 22 adults and 14 Children attended Messy Church. (2022 20 Adults 19 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, 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 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

Achievements and Performance

People and Staffing

Staffing: with additional funding from Yeovil Town Council and Yeovil Without Parish Council, we were able to increase Ruth Glendinnings youth work hours by 10 per week from January, and take on a 5 hours per week assistant youth worker, Karl Goodman.

Lay Ministry: we were delighted to renew the commendation of our teams of Lay Pastoral Assistants and Lay Worship Assistants (LWAs) at each church. Sue McFadden, Mark Felstead and Sandra Pickard completed training as LWAs and are a valuable addition to the team.

Clergy & Ordinands: having been without an Associate Vicar since April 2022, the revised ‘Deanery Plan’ allocates us an Associate Vicar, housed in the new Agusta Park estate, with 50% of the role given to church planting there and the rest to the parish. We hope to appoint in 2024. During the year John Hanson was approved for ordination training, as a ‘Locally Deployed Minister.’ He will return to us as a Curate from July 2025 after 2 years of training. Coelette Parkes was ordained in the summer, and is serving her Curacy in the Ham Hill Villages benefice. We currently have 5 members of the parish either in ordination training, or serving Curacies.

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 Roma Holt, Marguerite Braithwaite, and Avery Matthews.

2 of our young people, and 4 adults, were confirmed by the Bishop of Taunton in the autumn, with another adult member being formally received into membership of the Church of England.

Worship :

Children, Youth and Families

There has been a lot going on!

Page 7 of 26

The Parochial Church Council of Preston Plucknett

Annual Report and Financial Statements for the Year ending 31[st] December 2023

We are so grateful to all of those who serve with all of these ministries, both our paid workers Ruth and Laura, and our amazing volunteers!

Outreach

St Peters Community Centre

The ‘Warm Hub’ which started in November 2022 ran throughout the year, as those coming were doing so as much for company and community as they were for free lunches. Around 70-90 lunches per week were served throughout the year, including a Christmas Day lunch for over 30 people.

A ‘Community Pantry’ was launched in the spring, providing a low-cost food shop to 25 households, and staffed by a team of volunteers. This was supplemented by a ‘mini pantry’, so that we could help more people. Members join for 6 months, which enables us to build relationships, and help members find other sources of support.

Between users of the Hub, the Pantry, the various youth groups, and all the regular Centre groups and users, we estimate that 400-500 people use the Community Centre every week. The Centre is overseen by a Centre Manager, supported by a Management Committee with representation from St Peters Church. The Centre is also supported by dozens of volunteers, many from the church. With several different projects and funding streams, the role of Treasurer is a complex one, and we are blessed to have one who is both highly skilled and very enthusiastic.

The Centre brings church members into contact with a large number of people from the community, several of whom have complex needs. It has been a joy to see how members of the church have welcomed everyone into ‘their’ space, got alongside them, and helped some of them find their way into worship and prayer.

Financially, St Peters finished the year with a comfortable surplus. The Community Centre finances are kept separately from the church and these also were sound, though we are highly reliant on grants and outside funding for special projects. St James ended the year slightly in the red and had significant

Page 8 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

help during the year from a Gift Day, increased fundraising and room hire, and a fuel costs grant from the Diocese. Thank you to everyone who supports the church financially, and through fundraising.

We are incredibly grateful to Frances Croxford and Lynne Biles, our two fantastic Treasurers, who have worked diligently and cheerfully throughout the year.

Rev David Keen, February 2024.

Deanery Synod Report

Representatives from St Peter’s: Margaret Hamilton and Rhoda Wilson

Representative from St James’s: Caryl Plewes

– February 2023 Deanery Synod meeting

27[th] June 2023 – Deanery Synod meeting

July 2023

08[th] October 2023

17[th] October 2023

09[th] November 2023 – Deanery Synod meeting

Future Dates: 05[th] March, AGM 21[st] April, 25[th] June, 15[th] October 2024

Rhoda Wilson (February 2024)

Page 9 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

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

Parish Safeguarding Policy

A new Parish Safeguarding Policy approved by the PCC in October is available on the Parish website under Safeguarding. For any further information on safeguarding go to the e-manual on the national Church of England website at:

https://www.churchofengland.org/safeguarding/safeguarding-e-manual

Parish Safeguarding Dashboard

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

Disclosure and Barring Service (DBS) checks

The Diocese has changed provider for DBS checks this year and this has resulted in a few changes in procedure. The new prover is Thirtyone:Eight and can be found at:

https://thirtyoneeight.org/

Safeguarding Training

All volunteers are reminded to renew their training every three years via the CofE online training portal. A number of lay people in different roles have completed the Leadership Level training this year. In the future we hope to be able to offer some in person Safeguarding training.

Out of Hours Contact

The Diocese have appointed Thirtyone:Eight as an out of hours provider for emergency safeguarding support, they can be contacted at any time on 0303 003 1111. Details of all Safeguarding contacts are on the church notice boards and the website.

Notes of Concern

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

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

Page 10 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

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 Quinquennial inspection was carried out in October, but the final report was delayed until early 2024 so work from that will feature in next year’s report.

Both toilets were completely refurbished and redecorated and as part of our bid for an Eco church award the lights were changed to LED with movement sensors.

HIVE heating controllers have been installed for both church and church room boilers giving us much better control of the heating systems with the ability to set up remotely.

Electrical work to the floodlight system and emergency exit lights was completed following the 5 year EICR report from 2022. All work required has now been completed.

Some small works, repairs and projects have been completed during the year and the third set of two yew trees were cut back hard in year 3 of the 3 year programme. The work was carried out under advice from the Diocesan tree expert and is now complete, all the 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 – February 2024

Fabric Report for St Peter’s Church and Community Centre

St Peters Church and Community Centre has been very busy in 2023 and it is starting to have its effect of the fabric. In particular, the floors are starting to show signs of wear and several chairs have collapsed.

The major issue has been replacement of pumps in the heating system, the cost of £4,000 being shared between the Community Centre and Church.

The small meeting room has been converted into a food store for the Community Pantry and Westfield Warm Hub, with new shelving and new glass fronted fridges.

A new leaflet rack has been installed at the back of the church.

All the usual 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 2024

Page 11 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

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 2023 set out on pages 13 to 26.

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:

 the accounts did 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.

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: 21[st] April 2024

Page 12 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

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 £140,989 (2022 - £127,842 ) and for restricted funds £ 136,023 (2022 - £83,035) giving a total income of £ 277,012 ( 2022 - £210,877) .

The restricted fund receipts include £111,061 to St Peters Community Centre project, £22,141 to the Parish Youth Fund, £2,821 to Parish Family and Children’s Worker Fund.

Expenditure

Expenditure on unrestricted and designated funds amounted to £131,111 (2022 - £122,965) and restricted funds £128,544 (2022 - £63,983) giving a total expenditure of £259,655 (2022 - £186,948).

Restricted Fund Expenditure includes £100,034 for St Peters Community Centre Project, £14,767 to the Parish Youth Fund and £ 13,743 to Parish Family and Children’s Worker 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 £29,335 (St James £23,660 St Peters £5,675). It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the yearend was £ 51,188 (St James £34,650 St Peters £16,538). This exceeds our target.

However, it would be desirable to set our target to be higher, say 6 Months unrestricted payments which would be £58,670 (St James £47,320 St Peters £11,350). 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.

It is our policy to invest our funds balances with the CBF Church of England Deposit Fund. Balance as at 31 December 2023 £70,245 (St James £42,389, St Peters £27,856) Prior Year £67,163 (St James £40,529, St Peters £26,634).

Page 13 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

4. Parish Statement of Financial Activities

For the year 1[st] January – 31 December 2023

Notes
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior
Year
Income
CharitableActivities
Grants andDonations
Incomefrom Investments
ActivitiesforGeneratingFunds
Total Income
Expenditure		 CharitableActivities 4(a)
93,679
3,665
18,087
115,431
107,401
Grants andDonations 4(b)
3,283
12,356
75,381
91,020
38,382
Incomefrom Investments 4(c)
1,750
271
2,265
4,286
973
ActivitiesforGeneratingFunds 4(d)
22,967
3,018
40,290
66,275
64,121
121,679
19,310
136,023
277,012
210,877
Cost of Events andActivities 5 (a)
829
3,717
30,229
34,775
28,384
Missionand Charitable Giving 5 (b)
1,501
3,000
0
4,501
5,021
Directlyrelating to the Church 5 (c)
109,620
6,777
84,907
201,304
140,754
MajorCapitalCosts 5 (d)
599
0
7,107
7,706
5,506
OtherCosts 5 (e)
4,794
274
6,301
11,369
7,283
Total Expenditure
Net Income / (Expenditure)
Fund Balances		 117,343
13,768
128,544
259,655
186,948
Net Income / (Expenditure) 4,336
5,542
7,479
17,357
23,929
FundBalancesB/F 54,241
45,053
87,641
186,935
163,006
TransfersBetween Funds 6
-7,389
-19,277
26,666
0
0
Fund Balances C/F 6
51,188
31,318
121,786
204,292
186,935

Page 14 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

5 Parish Statement of Financial Position As at 31 December 2023

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Page 15 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

Notes to the Accounts for the year ended 31[st] December 2023

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 accrual’s 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, 16 and 17.

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 16 of 26

The Parochial Church Council of Preston Plucknett

Annual Report and Financial Statements for the Year ending 31[st] December 2023

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 17 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

4a Charitable Activities
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year
Planned Giving - Gift Aided Donations
54,356
25
6,735
61,116
56,345
Planned Giving - Other
5,438
0
1,600
7,038
6,987
Collections -Open plate
8,677
1,792
0
10,469
8,636
Special Collections
1,319
250
0
1,569
896
Gift Aid Recovered and Due
17,389
388
7,297
25,074
20,782
Gift days
6,500
1,210
2,455
10,165
13,755
Total Charitable Activities
93,679
3,665
18,087
115,431
107,401
4b Grants and Donations
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year
Donations and Appeals - St James
1,788
214
500
2,502
2,940
Donations and Appeals - St Peters
245
642
180
1,067
3,711
Legacy
0
11,500
0
11,500
0
Grants
31,731
Abri Housing Association - Energy Efficient Cooking
Project
0
0
3,938
3,938
Abri Housing Association - Energy Efficient Cooking
Project
0
0
4,206
4,206
Abri Housing Association - Slow Cooker Course
0
0
639
639
Abri Housing Association - The Good Grub Club
0
0
1,000
1,000
Aviva Crowd funder - Warm Hub Fund
0
0
12,126
12,126
Bath & Wells - Energy Grant - St James
1,250
0
0
1,250
CO - OP - Co op grant re Slow cooker course
0
0
150
150
Round table Donation - Pantry
0
0
200
200
Rotary Club of Yeovil - Donation from Rotary Club
0
0
200
200
Sedgemore DC - Grant received for pantry
0
0
4,642
4,642
Somerset Community Fund - Christmas Day lunch
Funding SCF
0
0
400
400
Somerset Community Fund - High Sheriff Grant - Youth
0
0
3,000
3,000
Somerset Community Fund - Hunts Grants Year 1
0
0
8,750
8,750
Somerset Community Fund - Warm Hub Funding SCF
0
0
1,000
1,000
SSDC Grant - Pantry
0
0
4,500
4,500
The John James Trust
0
0
2,000
2,000
The Joseph Rank Trust - Grant for Youth Work
0
0
7,000
7,000
The Somerset Fund - Pantry Grant
0
0
2,500
2,500
Westfield Community Association
0
0
350
350
Yeovil Town Council -Service Level Agreement
0
0
15,000
15,000
Yeovil Without Parish Council - Service Level
Agreement
0
0
3,100
3,100
Total Grants and Donations
3,283
12,356
75,381
91,020
38,382
4c Income from Investments
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year
Bank Interest Received
1,750
271
2,265
4,286
973
Total Income from Investments
1,750
271
2,265
4,286
973

Page 18 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

4d Activities for Generating Funds
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year
Fees Received Wedding
931
91
0
1,022
1,840
Fees Received - Funerals
1,963
0
0
1,963
4,914
Fees Received - Due to DBF
0
2,777
0
2,777
4,649
St Peters CommunityCentre Letting
0
0
23,583
23,583
29,922
Parish W/E AwaydayIncome
0
0
0
0
322
Mums and Toddlers Income
1,483
0
457
1,940
1,816
Fund Raising- St James
6,082
0
0
6,082
3,853
Fund Raising- St Peters
2,429
0
2,177
4,606
4,575
Refreshments and Food Income
1,508
0
11,197
12,705
5,385
Lettings - St James Church
7,108
0
0
7,108
5,332
Lettings - St Peters Church
1,392
0
0
1,392
1,338
Other Income - St James
71
0
0
71
175
Other Income - St Peters
0
150
2,876
3,026
0
22,967
3,018
40,290
66,275
64,121
5a Cost of Events and Activities
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year
Heat and Light Community Centre
0
0
10,448
10,448
5,298
Repairs and Renewals - CommunityCentre
0
0
4,301
4,301
7,136
Cleaning - Community Centre
0
0
1,815
1,815
7,450
Food Purchases - Community Centre
0
0
13,272
13,272
2,118
Insurance - CommunityCentre
0
0
393
393
330
Venue Hire
829
0
0
829
829
DBF - Parochial Fees Paid
0
3,717
0
3,717
4,868
Parish AwayDay
0
0
0
0
355
Total Cost of Events and Activities
829
3,717
30,229
34,775
28,384
5b Mission and Charitable Giving
Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date
Prior Year
Parish Mission Partners
Christians Against Poverty
0
0
0
0
1,000
Lords Larder
0
0
0
0
1,000
Yeovil For Families
0
0
0
0
1,000
Open Doors
0
1,000
0
1,000
1,000
Prison Ministries
0
1,000
0
1,000
0
Compassion UK
0
1,000
0
1,000
0
0
0
St James - Oddments Theatre
0
0
0
0
125
Hilfield Friary
200
0
0
200
0
Special Collections
1,301
0
0
1,301
896
Total Mission and Charitable Giving
1,501
3,000
0
4,501
5,021

Page 19 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

5c Directly Relating to the Church Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date		 Prior Year
Diocesan Quota 66,946
0
0
66,946
15,285
0
0
15,285
Diocesan Quota - St James 65,633
Diocesan Quota - St Peters 14,985
Total Diocesan Quota 82,231
0
0
82,231
1,336
0
0
1,336
4
1,223
671
1,898
1,884
0
0
1,884
6,246
0
0
6,246
1,528
0
0
1,528		 80,618
Clergy Expenses 1,167
Youth Work Expenses 0
Children's Work Expenses
Heat and Light		 1,281
St James 4,487
St Peters - Church Only 1,162
Total Heat and Light
Insurance		 7,774
0
0
7,774
1,052
0
0
1,052
98
0
0
98		 5,649
Insurance - St James Church 908
Insurance - St Peters Church 83
Total Insurance 1,150
0
0
1,150
118
0
178
296
3,823
5,554
0
9,377
9,645
0
74,875
84,520
179
0
1,987
2,166
1,339
0
0
1,339
137
0
3,749
3,886
0
0
3,447
3,447		 991
Water Rates 187
Repairs and Maintenance - Church 5,778
Gross Wages
Employee Pension Costs
Staffing cost re Weddings and Funerals
Other Staff and Volunteer Costs
Staff Training		 40,188
983
2,134
228
1,550
Total Directly Relating to the Church 109,620
6,777
84,907
201,304		 140,754
5d Major Capital Costs Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date		 Prior Year
St Peters Church
St Peters Community centre
Legal Fees		 599
0
0
599
0
0
2,396
2,396
0
0
854
854
0
0
3,857
3,857		 0
0
3,078
Equipment Purchased 2,428
Total Major Capital Costs 599
0
7,107
7,706		 5,506
5e Other Costs Unrestricted
Designated
Funds
Restricted
Funds
Year to
Date		 Prior Year
Telephone 852
0
433
1,285
904
36
462
1,402
311
0
1,124
1,435
147
0
60
207
232
156
2,075
2,463
108
34
0
142
0
0
1,387
1,387
1,096
0
0
1,096
200
0
0
200
464
48
520
1,032
480
0
240
720		 938
Stationary 1,025
IT and Software 668
Bank Fees 233
Sundry Expenses - St Peters 672
Sundry Expense St James 934
Waste disposal 276
Church Requisites 808
Cleaning and Cleaning Supplies 504
Refreshment food Expenses 505
Independent Examination Fee 720
Total Other Costs 4,794
274
6,301
11,369		 7,283

Page 20 of 26

The Parochial Church Council of Preston Plucknett

Annual Report and Financial Statements for the Year ending 31[st] December 2023

6. Summary of Fund Movement

Balance
B/F as at
31 Dec
2022		 Incoming
Resources		 Resources
Expended		 Fund
Transfers
Out		 Fund
Transfe
rs In		 Balance
C/F as at
31 Dec
2023
Unrestricted Funds
St James General Fund 36,346 94,663 -94,642 -1,717 34,650
St Peters General Fund 17,895 27,016 -22,701 -5,672 16,538
Total Unrestricted Funds 54,241 121,679 -117,343 -7,389 0 51,668
Designated Funds
Parish Giving & Hardship fund – 2,141 2,377 -3,000 2,643 4,161
Due to DBF Fund 1,123 2,777 -3,717 183
Wedding Fund 49 50 0 99
St James Flower Fund 184 40 -33 191
Taylor legacy Fund 15,315 271 -5,402 10,184
St James -Other Designated Funds 21,868 1,000 0 -21,868 1,000
St Peters Church Reorg Fund 3,726 0 -152 1,426 5,000
St Peters Tea and Toast Fund 647 817 -1,464 0
St Peters - Other designated 0 10,500 0 10,500
St Peters Gift Day Fund 0 1,478 0 -1,478 0
Total Designated Funds 45,053 19,310 -13,768 -23,346 4,069 31,318
Restricted Funds
Parish Youth Fund 6,876 *22,141 -14,767 4,798 19,048
St Peters Community Centre – see Note 18 80,095 111,061 -100,034 91,122
Parish Family and Childrens Worker 670 2,821 -13,743 21,868 11,616
Total Restricted Funds 87,641 136,023 -128,544 0 26,666 121,786
TOTAL FUNDS 186,935 277,012 -259,655 -30,735 30,735 204,292

Notes on Transfers between Funds

£30,735

*Includes £4,503 of St James Gift Day Fund allocated to the Parish Youth Restricted Fund by the PCC (note 15)

Page 21 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

7. Fixed Assets 7. Fixed Assets Year end
31 Dec 2023
Prior Year end
31 Dec 2022
Accumulated Depreciation -9,600 -9,600
Fixed assets 9,600 9,600
Total Fixed Assets
8. Debtors and Prepayments		 0
Year end
31 Dec 2023		 0

Prior Year end
31 Dec 2022
Gift Aid Due - St James
Prepayments - St James
Owing Between St James and St Peters as at Year end		 3,748
1,012
8,972		 4,376
935
2,779
13,732
952
2,374
1,120
-8972		 8,090
Gift Aid Due - St Peters 1,415
Accounts Receivable 2,438
Prepayments St Peters 0
OwingBetween St James and St Peters as at Year end -2,779
-4,526 1,074
Total Debtors and Prepayments 9,206 9,164
9. Cash at Bank and in Hand - St James Year end
31 Dec 2023
Prior Year end
31 Dec 2022
St James Church Current
Account		 1,020 5,889
St James Church Reserve Account 27,943 36,367
St James - CCLA Account 42,389 40,529
Total Cash at Bank and in Hand - St James
10. Cash at Bank and in Hand - St Peters		 71,352
Year end
31 Dec 2023		 82,785

Prior Year end
31 Dec 2022
St Peters Church Current
Account		 3,161 3,691
St Peters Church Deposit
Account		 25,263 15,118
St Peters Community Centre Current Account 5,421 14,827
St Peters Community Centre Deposit Account 69,026 44,574
Pockit Card - Community Centre 100 985
Soldo Prepaid Card 1,853 0
St Peters Church CCLA account 27,856 26,634
Total Cash at Bank and in Hand - St Peters
11. Creditors and Accruals		 132,680
Year end
31 Dec 2023		 105,829

Prior Year end
31 Dec 2022
Accruals – St James -3,952 -6,302
Accruals – St Peters -1,334 -1,798
Accounts Payable - St Peters -3,660 -2,743
-4,994 -4,541
Total Creditors and Accruals -8,946 -10,843

Page 22 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

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 £86,686 – wages £84,520 pension contributions £2,166. There were 10 part-time staff (9 - 2022) 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 (2022: £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.

Included in Restricted Funds, are funds of £31,169 that have been designated by the PCC to restricted funds – specifically the Parish Youth Fund and the Parish Family and Children’s Worker Fund. There was no restriction placed by the fund giver, the PCC has decided to designate these funds to the Parish Youth Fund and the Parish Family Children’s Worker Fund and therefore the true nature of these funds is designated.

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 23 of 26

The Parochial Church Council of Preston Plucknett

Annual Report and Financial Statements for the Year ending 31[st] December 2023

16. St James Finance Report For Yearend 31December 2023

Unrestricted Restricted Funds
Parish
Family
and
Children
Parish
Youth
Fund
Year to
date		 Prior Year
2022
Designated Funds
General
Funds		 Giving
Fund		 Due to
DBF		 Taylor
Legacy
- Fabric		 Other
Funds
Income
Planned Giving 45,285 25 0 0 0 60
8,275
53,645
0
0
7,319
0
0
1,516
102
1,706
14,469
0
4,503
11,003
2,000
7,000
10,250
350
150
2,502
0
0
1,000
0
0
6,082
309
507
2,310
0
0
7,108
0
0
2,640
0
0
5,762		 50,554
Loose Plate Collections 6,025 1,294 0 0 0 5,856
Special Collections 1,266 250 0 0 0 834
Gift Aid Due and Recovered 12,602 59 0 0 0 14,507
Gift Days - INCLUDING GIFT AID 6,500 0 0 0 0 12,651
Grants 1,250 0 0 0 0 775
Donations and Appeals 1,788 214 0 0 0 2,940
Legacies 0 0 0 0 1,000 0
Fund Raising 6,082 0 0 0 0 3,853
Bank Interest Received 1,223 0 0 271 0 573
Church and Hall Lettings 7,108 0 0 0 0 5,332
Other Income - St James 2,640 0 0 0 0 3,130
Fees Received 2,894 0 2,777 0 91 11,116
Total Income
Expenditure		 94,663 1,842 2,777 271 1,091 2,821
22,141
125,606		 112,121
Diocesan Quota 66,946 0 0 0 0 0
0
66,946
0
0
772
0
0
1,052
0
0
7,133
0
0
3,000
0
0
1,248
9,884
14,505
34,260
760
0
897
3,100
0
3,100
0
0
817
0
160
160
0
0
8,844
0
102
6,837
0
0
240		 65,633
ClergyExpenses 772 0 0 0 0 602
Insurance 1,052 0 0 0 0 908
UtilityBills 7,133 0 0 0 0 5,161
Mission and CharityGiving 0 3,000 0 0 0 2,622
Givingre Special Collections 1,248 0 0 0 0 834
Wages 9,871 0 0 0 0 24,851
Other Staff and Volunteer Costs 137 0 0 0 0 229
Staff Training 0 0 0 0 0 1,550
Childrens Work 817 0 0 0 0 404
Youth Work Costs 0 0 0 0 0 0
General Repairs and Maintenance 3,442 0 0 5,402 0 4,613
Other Admin Costs 2,984 0 3,717 0 34 8,839
Independent Examination Fee 240 0 0 0 0 360
Total Expenditure 94,642 3,000 3,717 5,402 34 13,744
14,767
135,360		 116,606
Net Income /(Expenditure) 21 -1,158 -940 -5,131 1,057 -10,923
7,374
-9,700		 -4,486
Fund Balances B/F
Transfers Between Funds		 36,346 2,141 1,123 15,315 22,101 670
6,876
84,572		 80,690
Transfer Between Funds - St James 0 0 0 0 -21,868 21,868
0
0
0
0
0
0
3,321
3,321
0
0
0
0
1,478
1,478
0
0
1,461		 0
Transfer - General and Giving Fund -
St James		 -1,717 1,717 0 0 0 0
St Peters Transfers
Transfer to Parish Youth Fund 0 0 0 0 0 0
Transfer to Parish FamilyFund 0 0 0 0 0 5,000
Transfer re St Peters Gift Day 0 0 0 0 0 3,368
Transfer to Parish Giving fund 0 1,461 0 0 0 0
Fund Balances C/F 34,650 4,161 183 10,184 1,290 11,615
19,049
81,132		 84,572
Funds Represented By:-
Cash at Bank and In Hand – see note 9
Prepayments – See Note - 8
Accruals – see Note 11		 71,352
13,732
(3,952)		 82,785
8,089
(6,302)
Total Funds Represented by :- 81,132 84,572

Page 24 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

17. St Peters Finance Report For Year end 31December 2023

Unrestricted
…....................Designated….........................
Restricted
General
Funds
Giving
Fund
Church
Reorderi
ng Fund
Tea &
Toast
Fund
Other
Gift
Day
Fund
Community
Centre
Fund
Year to
Date		 Unrestricted
…....................Designated….........................
Restricted
General
Funds
Giving
Fund
Church
Reorderi
ng Fund
Tea &
Toast
Fund
Other
Gift
Day
Fund
Community
Centre
Fund
Year to
Date		 Prior
Year
Income
Planned Giving
14,510
0
0
0
0		 0
0
14,510
0
0
3,150
0
0
53
17
3,440
8,305
1,460
0
1,460
0
65,702
65,702
0
180
1,067
0
0
10,500
0
2,177
4,606
0
11,197
11,619
0
1,449
1,976
0
23,583
24,975
0
3,333
3,483
0
0
0		 12,779
Loose Plate Collections
2,652
498
0
0
0		 2,781
Special Collections
53
0
0
0
0		 62
Gift Aid Recovered and Due
4,786
37
0
25
0		 4,013
Gift Days IncludingGift Aid
0
0
0
0
0		 3,368
Grants
0
0
0
0
0		 30,956
Donations and Appeals
245
0
0
642
0		 3,711
Legacy
0
0
0
0
10,500
Fund Raising
2,429
0
0
0
0		 4,575
Refreshment / Food Income
422
0
0
0
0		 4,261
Bank Interest Received
527
0
0
0
0		 400
Church and CommunityCentre Lettings
1,392
0
0
0
0		 31,260
Other Income - St Peters
0
0
0
150
0		 306
Fees Received
0
0
0
0
0		 286
Total Income
27,016
535
0
817
10,500
Expenditure		 1,477
111,061
151,406		 98,758
Childrens Work
1,067
0
0
0
0		 0
0
1,067
0
3,203
3,218
0
0
564
0
0
15,285
0
3,857
3,857
0
13,695
14,168
0
4,301
4,834
0
53,004
53,004
0
44
1,040
0
2,413
2,710
0
240
480
0
393
491
0
854
854
0
2,396
2,995
0
0
1,661
0
0
53
0
3,717
4,775
0
347
347
0
11,059
12,670
0
511
1,738		 878
Cleaningand CleaningSupplies
15
0
0
0
0		 7,752
ClergyExpenses
564
0
0
0
0		 564
Diocesan Quota
15,285
0
0
0
0		 14,985
Equipment Purchased
0
0
0
0
0		 3,127
Food and refreshment costs
425
0
0
48
0		 2,509
General Repairs and Maintenance
381
0
152
0
0		 7,602
Gross wages - CommunityCentre
0
0
0
0
0		 17,455
Gross Wages - St James - Admin
996
0
0
0
0		 999
Gross wages Cleaning
297
0
0
0
0		 0
Independent Examination Fee
240
0
0
0
0		 360
Insurance
98
0
0
0
0		 413
Legal Fees
0
0
0
0
0		 3,078
Major Works
599
0
0
0
0		 0
Mission and CharityGiving
200
1,461
0
0
0		 1,503
Mission Giving- Special collections
53
0
0
0
0		 62
Other Admin Costs
865
0
0
193
0		 2,143
Staff Training
0
0
0
0
0		 0
UtilityBills
1,611
0
0
0
0		 6,913
Youth Work Costs
4
0
0
1,223
0		 0
Total Expenditure
22,700
1,461
152
1,464
0		 0
100,034
125,811		 70,342
Net Income /(Expenditure)
4,316
-926
-152
-647
10,500		 1,477
11,027
25,595		 28,415
Fund Balances B/f
17,895
0
3,726
647
0
Transfers Between Funds		 0
80,095
102,363		 82,316
Transfers between General and Giving fund
-926
926
0
0
0
Transfer to Parish Youth Worker Fund
-4,747
1,426
0		 0
0
0
-3,321
-1,477
0
-1,477
0		 0
-3,368
Transfer to Parish Youth Fund
0
0
0
0
Transfer to Parish FCW Fund		 0
-5,000
Fund Balances C/F
16,538
0
5,000
0
10,500		 0
91,122
123,160		 102,363
Funds Represented By:-
Cash in Hand and in Bank- see Note 10 132,680 105,829
Prepayments - see note 8
Accruals–See note 11		 (4,526)
(4,994)		 1,074
(4,540)
Total Funds Represented by :- 123,160 102,363

Page 25 of 26

The Parochial Church Council of Preston Plucknett Annual Report and Financial Statements for the Year ending 31[st] December 2023

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
Fund
Baby
and
Toddler
- Fund
Youth
@ St
Peters
Food
Hub
Fund
Slow
Cooker
Fund
Good
Food
Club
Salary
Reserv
e Fund
Car
Park
Fund
Build/
Mainte
nance
Fund
Total for
the year		 Prior
year
Income
Grants and Donations 0
12,942
0
21,280
21,727
8,933
1,000
0
0
0
65,882
1,449
0
0
0
0
0
0
0
0
0
1,449
23,583
0
0
0
0
0
0
0
0
0
23,583
2,177
0
0
0
0
0
0
0
0
0
2,177
2,400
0
0
0
8,797
0
0
0
0
0
11,197		 31,415
Bank Interest Received 306
CommunityCentre Lettings 29,922
Fund Raising 2,945
Refreshment / Food Income 3,817
Gift Aid Recovered and Due 1,120
0
0
0
2,320
0
0
0
0
0
3,440
0
0
457
0
0
0
0
0
0
0
457
12
2,613
0
0
251
0
0
0
0
0
2,876
18,039
-6,400
-840
-5,244
-5,049
-306
-200
0
0
0
0		 10
Mums and Toddlers Income 306
Other Income - St Peters 0
Re Charge to General re
Grants Received		 0
Total Income
Expenditure		 48,780
9,155
-383
16,036
28,046
8,627
800
0
0
0
111,061		 68,721
Staff Costs 23,033
5,645
0
9,725
12,826
1,081
163
0
0
0
52,473
82
301
0
0
2,255
195
156
0
0
0
2,989
240
0
0
0
0
0
0
0
0
0
240
0
299
0
48
0
0
0
0
0
0
347
393
0
0
0
0
0
0
0
0
0
393
6,787
0
0
0
4,272
0
0
0
0
0
11,059
0
0
0
511
0
0
0
0
0
0
511
4,053
21
0
0
0
0
0
0
227
0
4,301
0
0
0
0
0
0
0
0
0
2,396
2,396
60
0
0
0
0
0
0
0
0
0
60
240
66
0
82
69
0
0
0
0
0
457		 17,458
Other Staff and Volunteer
Costs		 0
Independent Examination
Fee		 0
Staff Training 0
Insurance 330
UtilityBills 5,682
Youth Work Costs 0
Repairs and Maintenance 6,438
Major Works 3,078
Bank Fees 32
Stationary & Office
Expenses		 319
Refreshments/ Food costs 1,373
3,459
115
422
7,530
521
275
0
0
0
13,695		 2,118
Cleaning and Cleaning
Supplies		 2,535
0
0
0
668
0
0
0
0
0
3,203
1,124
0
0
0
0
0
0
0
0
0
1,124
0
0
0
0
0
0
0
0
854
0
854
191
800
0
0
524
557
3
0
0
0
2,075
310
2,754
0
248
449
0
96
0
0
0
3,857
40,421
13,345
115
11,036
28,593
2,354
693
0
1,081
2,396
100,034		 7,726
IT Software and
Consumables		 254
Legal Fees 0
Other Admin Costs 690
Equipment Purchased 2,644
Total Expenditure 46,768
Net Income /
(Expenditure)		 8,359
-4,190
-498
5,000
-547
6,273
107
0
-1,081
-2,396
11,027		 21,953
Fund Balances B/F 17,096
8,922
955
4,348
8,971
0
0
15,000
7,306
17,497
80,095
-8,000
0
0
0
108
0
-108
0
0
8,000
0		 58,143
Transfers Between Funds 0
Fund Balances C/F 17,455
4,732
457
9,348
8,532
6,273
-1
15,000
6,225
23,101
91,122		 80,096

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