# **Wickham Bishops & Little Braxted PCC Registered Charity 1159874**
## **End of Year Financial Statements**
**Year ending 31st December 2023**
_Page 1_
WICKHAM BISHOPS AND LITTLE BRAXTED
PAROCHIAL CHURCH COUNCIL
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
I report to the trustees on my examination of the accounts of the above charity
( Ihe Trusv) for th8 year 8nded 3111212022 which are set out on pages 4 10 9.
Responsibilities and basis of report
As the charity trustees of the Trust, you are responsible for the preparation of
the accounts in accordance with the requirements of the Charities Act 2011
I'the AcV>.
I report in respect of my examination ofthe Trust's accounts carried out under
section 145 of the 2011 Act and in carrying out my examination, I have
followed the applicable Directions given by the Charity Commission under
section 145(5)(bl of the Act.
Independent examiner's statement
I have completed my examination. l Gonfirm that no material matters have
come to my attention in connection with the examination which gives mè
cause to believe that in, any material respect..
accounting records were not kept in accordance with sertion 130 of
the Act or
the accounts do not accord with the accoLJnting records or
the accounts do not comply with the applicable requirements
concerning Ihe fomi 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.
ve no concems and have comè across no other matters in connection with
xamination to which attention should be drawn in order to enable a
r understanding ofthe accounts to be reached.
th
John Barnes
Independent Examiner
Handel House
Roselawn Fields
Broomfield
Chelmsford
CM17GB
Page 2
## **Treasurer’s Report**
For the first time in 10 years as Treasurer I am having to report that in 2023 our General Fund expenditure exceeded income. We suffered a deficit of some £9,425.
This is primarily due to the increase in energy costs which have gone up £3,730 and the increase in Parish Share which went up by £4,410.
Furthermore, our Unrestricted funds total income fell by £2,434. Both Planned Giving and other giving have fallen slightly. This is despite most of our planned giving being through the Parish Giving Scheme and the majority being inflation linked. Thank you to everybody using the scheme.
At the beginning of the year the PCC agreed to reduce our Parish Share payments by the amount of the increase in the cost of the electricity. However, as we are now approaching an interregnum it was agreed that we should pay the Parish Share in full in the hope that this would put us in a stronger position when seeking a new incumbent to be resident in the parish. December 2023 saw the Christmas Fayre, the uniformed organisations decorating the Christmas Tree, Christingle, Crib Service, Nine Lessons and Carols in addition to the usual services all being held in Church. As a consequence, the December Electricity bill was some £1,500. We have now switched to a slightly cheaper tariff.
The Fabric funds for both churches are currently in a satisfactory position. However, the redecoration of St. Bartholomew’s will be commencing on 4th March. Furthermore, we are incurring costs of remedial work required following the 5 yearly electrical inspection report, an upgrade to the Lightening protection and a new sewerage pump. These costs will deplete the St Bartholomew’s Church Restoration Fund significantly. That said we are fortunate that we can afford to have all these works undertaken and maintain the fabric and security of our church building.
Much of this is due to the success of another Gardens Festival last June and the concerts in September, the proceeds of which are included in the Gardens Festival income. So, a very big thank you to Stewart Adkins and his committee for the Gardens Festival and also to Paul Strong and his colleagues for the concerts.
The fund-raising committee continue to do sterling work and their contribution is greatly valued.
I would like to thank John Baker for his continuing work as Gift Aid Secretary and his most efficient processing of these claims every month,
The Guardians committee supported the Gardens Festival by running the catering at the Village Hall and also arranged a most interesting fund raising talk on the Stained Glass windows of Essex churches.
So, as we enter an Interregnum, we are going to have to be very careful with our expenditure which we must do all we can to keep to essentials.
Graham Spearman 30/01/2024
_Page 3_
## **Statement of Financial Activities**
||**Unrestricted**
**Restricted**
**Endowment**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**total funds**|
|---|---|
|**Receipts**
Planned giving
Collections and other giving
Other voluntary receipts
Gift Aid recovered
Other receipts
Youth Club
Activities for generating funds
Investment Income
Receipts from church activities
**Total income**
**Payments**
Cost of generating funds
Missionary and Charitable Giving
Parish Share
Clergy and Staffing costs
Church Running Expenses
Youth Club
Hall Running Costs
Church Repairs & Maintenance
Hall Repairs & Maintenance
Governance Costs
**Total expenditure**
Gains / losses on investment assets
**Net income / (expenditure) resources before**
**transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Other recognised gains / losses**
Gains on revaluation, fixed assets, charity's own use
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**
**Represented by**
**Unrestricted**
General fund: CAF: £ 11,846.96
Barclays: £ 1,467.62
CCLA: £ 37,285.40
Petty Cash: £ 95.35
**Restricted**
General Fund re Bowls Club
Guardians Restricted Funds
Little Braxted Fabric Fund CB3022306
Ukrainian Refugees Restricted Fund
Wickham Bishops Church Restoration CB3022305|36,815.55
—
—
36,815.55
37,573.42
3,040.95
—
—
3,040.95
4,003.57
5,116.77
2,293.25
—
7,410.02
39,447.32
9,715.19
—
—
9,715.19
10,036.92
2,838.93
863.86
—
3,702.79
3,639.30
141.68
—
—
141.68
—
18,130.71
16,079.28
—
34,209.99
21,867.17
1,207.40
1,877.67
—
3,085.07
1,210.70
5,421.61
—
—
5,421.61
6,450.55|
||**82,428.79**
**21,114.06**
**—**
**103,542.85**
**124,228.95**
75.20
2,297.72
—
2,372.92
510.11
1,175.46
2,963.94
—
4,139.40
2,667.90
51,049.00
—
—
51,049.00
46,638.96
5,726.77
—
—
5,726.77
4,976.15
30,247.52
241.80
—
30,489.32
27,486.83
—
—
—
—
—
2,109.60
—
—
2,109.60
1,373.94
396.95
2,280.00
—
2,676.95
10,472.00
—
—
—
—
—
120.00
—
—
120.00
110.00|
||**90,900.50**
**7,783.46**
**—**
**98,683.96**
**94,235.89**
—
—
—
—
—|
||**(8,471.71)**
**13,330.60**
**—**
**4,858.89**
**29,993.06**
1,735.99
2,688.78
—
4,424.77
63,043.67
(2,688.78)
(1,735.99)
—
(4,424.77)
(63,043.67)
—
—
—
—
—|
||**(9,424.50)**
**14,283.39**
**—**
**4,858.89**
**29,993.06**|
||**60,119.83**
**76,218.36**
**—**
**136,338.19**
**106,345.13**|
||**50,695.33**
**90,501.75**
**—**
**141,197.08**
**136,338.19**
50,695.33
50,695.33
60,119.83
—
843.14
—
843.14
—
—
27,952.20
—
27,952.20
13,290.39
—
17,653.46
—
17,653.46
17,275.79
—
1,428.42
—
1,428.42
4,351.30
—
42,624.53
—
42,624.53
41,300.88|
## **Note: Interest on the CCLA Accounts for December was not credited until January.**
Deposit Account: £500.03 Church Restoration Fund: £571.63 Little Braxted Fabric Fund: £239.43
_Page 4_
## **Balance sheet**
||**Total funds**
**Prior year funds**|
|---|---|
|**Current assets**
Cash at bank and in hand
**Net current assets less current liabilities**
**Total assets less current liabilities**
**Total net assets less liabilities**
**Represented by**
**Unrestricted**
General fund
**Restricted**
General Fund re Bowls Club
Guardians Restricted Funds
Ukrainian Refugees Restricted Fund
Wickham Bishops Church Restoration CB3022305
Little Braxted Fabric Fund CB3022306
**Funds of the church**|141,197.08
136,338.19|
||**141,197.08**
**136,338.19**|
||**141,197.08**
**136,338.19**|
||**141,197.08**
**136,338.19**|
||**141,197.08**
**136,338.19**
50,695.33
60,119.83
843.14
—
27,952.20
13,290.39
1,428.42
4,351.30
42,624.53
41,300.88
17,653.46
17,275.79|
||**141,197.08**
**136,338.19**|
## **Analysis of income and expenditure**
||||||**Total**||
|---|---|---|---|---|---|---|
||**Unrestricted**|**Designated**|**Restricted**|**Endowment**|**This year**|**Last year**|
|**INCOME AND ENDOWMENTS**|||||||
|**Planned giving**|||||||
|0110 - Envelopes|875.00|—|—|—|875.00|1,210.00|
|0201 - planned giving|35,940.55|—|—|—|35,940.55|36,363.42|
|Total|36,815.55|—|—|—|36,815.55|37,573.42|
|**Collections and other giving**|||||||
|0301 - collections|2,872.95|—|—|—|2,872.95|3,863.57|
|0501 - Gift Aid Envelopes|168.00|—|—|—|168.00|140.00|
|Total|3,040.95|—|—|—|3,040.95|4,003.57|
|**Other voluntary receipts**|||||||
|0302 - Charity Collections|1,081.51|—|—|—|1,081.51|783.89|
|0550 - Other Giving|476.73|—|—|—|476.73|700.00|
|0551 - Donations|3,510.78|—|—|—|3,510.78|1,272.24|
|0552 - Gemma Fraser|—|—|—|—|—|—|
|0553 - Flower Fund|20.00|—|—|—|20.00|130.00|
|0554 - Music Fund|27.75|—|—|—|27.75|31.87|
|0701 - Legacies/Grants|—|—|1,000.00|—|1,000.00|22,000.00|
|0801 - Recurring grants|—|—|—|—|—|—|
|08A1 - Non-recurring one-off grants|—|—|—|—|—|—|
|0915 - Roof Repair Appeal|—|—|—|—|—|—|
|1001 - Guardians|—|—|1,272.91|—|1,272.91|8,353.23|
|1200 - Alpha Donations|—|—|—|—|—|—|
|1338 - Ukranian Refugee Donations|—|—|20.34|—|20.34|6,176.09|
|Total|5,116.77|—|2,293.25|—|7,410.02|39,447.32|
_Page 5_
|**Gift Aid recovered**
0601 - Tax recoverable on Gift Aid
0602 - Tax Refund - Church
Restoration Fund WB
0603 - Tax refund - LB Fabric
0604 - Tax Relief Guardians
Total
**Other receipts**
0555 - Resources from Diocese
0901 - Other funds generated
0908 - Braxted Gazebo Hire
1024 - Interest Ukranian Refugee
Fund
1310 - Insurance claims
1320 - Surplus - sales of fixed assets
1336 - Bowls Club
1401 - Little Braxted General Transfer
1500 - In/Out
Total
**Other receipts - Youth Club**
0556 - Youth Club Income
Total
**Activities for generating funds**
0909 - Fund Raising - Open Gardens
0910 - Fund Raising
0911 - Braxted Fete Income
0912 - Fund Raising - Golf Day
0913 - Fund Raising - May Ball
0914 - Trading Income
1000 - Friends of Little Braxted
1100 - Fees to Diocese
1240 - Church hall lettings
1250 - Magazine income - advertising
1400 - Little Braxted Fabric
Total
**Investment Income**
1020 - Interest - General Fund
1021 - Interest WB Church
Restoration Fund
1022 - Interest LB Fabric Fund
1023 - Interest/Dividends
Total
**Receipts from church activities**
1101 - Parochial Fees for weddings
and funerals
1102 - Gravespoil
1103 - Memorial Book Income
1210 - Greeting Cards sales
1241 - Tea/Coffee
1337 - Drop In Donations
Total|9,715.19
—
—
—
9,715.19
10,036.92
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—|
|---|---|
||9,715.19
—
—
—
9,715.19
10,036.92
1,520.00
—
—
—
1,520.00
—
141.59
—
—
—
141.59
557.29
—
—
—
—
—
—
—
—
20.72
—
20.72
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
843.14
—
843.14
—
—
—
—
—
—
—
1,177.34
—
—
—
1,177.34
3,082.01|
||2,838.93
—
863.86
—
3,702.79
3,639.30
141.68
—
—
—
141.68
—|
||141.68
—
—
—
141.68
—
330.00
—
16,013.83
—
16,343.83
1,789.70
2,820.75
—
—
—
2,820.75
5,433.23
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
15.25
—
—
—
15.25
12.00
—
—
65.45
—
65.45
294.75
2,052.33
—
—
—
2,052.33
2,640.99
5,164.38
—
—
—
5,164.38
5,006.50
7,748.00
—
—
—
7,748.00
6,690.00
—
—
—
—
—
—|
||18,130.71
—
16,079.28
—
34,209.99
21,867.17
1,207.40
—
—
—
1,207.40
499.09
—
—
1,323.65
—
1,323.65
428.44
—
—
554.02
—
554.02
224.13
—
—
—
—
—
59.04|
||1,207.40
—
1,877.67
—
3,085.07
1,210.70
4,303.00
—
—
—
4,303.00
5,508.00
210.00
—
—
—
210.00
315.00
50.00
—
—
—
50.00
200.00
155.47
—
—
—
155.47
206.85
338.42
—
—
—
338.42
189.25
364.72
—
—
—
364.72
31.45|
||5,421.61
—
—
—
5,421.61
6,450.55
82,428.79
—
21,114.06
—
103,542.85
124,228.95|
|**INCOME TOTAL**||
_Page 6_
## **EXPENDITURE**
|**Cost of generating funds**
1729 - Braxted Gazebo Expenses
1730 - Costs of Fundraising
1731 - Cost of Fundraising - May Ball
1732 - Cost of Fundraising - Braxted
Fete
1733 - Costs of Fundraising- Open
Gardens
1734 - Guardians expenses
2510 - Greetings Cards costs
2511 - Trading Goods
Total
**Missionary and Charitable Giving**
1801 - Charity Donations
2336 - Ukranian Refugee Expenditure
Total
**Parish Share**
1901 - Parish Share
Total
**Clergy and Staffing costs**
1104 - Fees to Diocese
2000 - Locum Costs for re-
imbursement
2001 - Other Clergy Expenses
2002 - Gemma Fraser payments
2050 - Wages Honoraria & Support
2101 - Clergy expenses of incumbent
2130 - Rectory expenses
Total
**Church Running Expenses**|—
—
—
—
—
—
—
—
—
—
—
240.97
—
—
—
—
—
—
—
—
—
—
—
—
21.00
—
2,212.83
—
2,233.83
64.19
—
—
84.89
—
84.89
9.59
54.20
—
—
—
54.20
195.36
—
—
—
—
—
—|
|---|---|
||75.20
—
2,297.72
—
2,372.92
510.11
1,175.46
—
—
—
1,175.46
826.57
—
—
2,963.94
—
2,963.94
1,841.33|
||1,175.46
—
2,963.94
—
4,139.40
2,667.90
51,049.00
—
—
—
51,049.00
46,638.96|
||51,049.00
—
—
—
51,049.00
46,638.96
1,886.00
—
—
—
1,886.00
2,402.99
—
—
—
—
—
—
247.35
—
—
—
247.35
282.50
—
—
—
—
—
—
2,340.00
—
—
—
2,340.00
2,020.00
498.42
—
—
—
498.42
270.66
755.00
—
—
—
755.00
—|
||5,726.77
—
—
—
5,726.77
4,976.15|
|2003 - Resources from Diocesan
Grant
2301 - Insurance - Wickham Bishops
2302 - Insurance - Little Braxted
2330 - Church maintenance WB
2331 - Church Maintenance - LB
2337 - Pastoral Care
2339 - Children & Youth Work
2340 - General Costs
2341 - Flowers for Church
2342 - Upkeep
2343 - Music Fund
2350 - Upkeep of churchyard WB
2351 - Upkeep of Churchyard LB
2360 - Administration
2401 - Church running - Utilities WB
2410 - Church running - Utilities LB
2501 - Magazine expenses
2521 - Tea/Coffee Costs
2602 - Alpha Expenses
3000 - Journal Write Off
4000 - In/Out
Total|—
—
—
—
—
—
2,476.47
—
—
—
2,476.47
2,415.53
1,158.23
—
—
—
1,158.23
1,093.92
3,131.65
—
—
—
3,131.65
2,820.95
—
—
241.80
—
241.80
83.40
191.84
—
—
—
191.84
136.56
158.25
—
—
—
158.25
310.00
3,530.79
—
—
—
3,530.79
2,177.85
526.08
—
—
—
526.08
643.33
30.00
—
—
—
30.00
—
32.61
—
—
—
32.61
20.13
1,107.50
—
—
—
1,107.50
838.20
540.00
—
—
—
540.00
529.00
339.73
—
—
—
339.73
746.15
8,143.53
—
—
—
8,143.53
4,437.17
350.50
—
—
—
350.50
327.18
7,070.76
—
—
—
7,070.76
7,596.40
246.50
—
—
—
246.50
155.54
—
—
—
—
—
—
(175.32)
—
—
—
(175.32)
95.85
1,388.40
—
—
—
1,388.40
3,059.67|
|---|---|
||30,247.52
—
241.80
—
30,489.32
27,486.83|
_Page 7_
## **Church Running Expenses - Youth Club**
|2338 - Youth Club
Total
**Hall Running Costs**
2520 - Hall running costs
Total
**Church Repairs & Maintenance**
2701 - Church major repairs -
structure
2702 - Church Major Repairs -
Structure St Nich
2703 - Guardians Costs
2710 - Church major repairs -
installation
2711 - Capital Expenditure
2720 - Church interior and exterior
decorating
Total
**Hall Repairs & Maintenance**
2801 - Hall + major repairs - structure
2820 - Hall + major repairs -
installation
2830 - Hall + interior and exterior
decorating
Total
**Governance Costs**
2601 - Governance costs
examination/audit fee
Total|—
—
—
—
—
—|
|---|---|
||—
—
—
—
—
—
2,109.60
—
—
—
2,109.60
1,373.94|
||2,109.60
—
—
—
2,109.60
1,373.94
—
—
2,280.00
—
2,280.00
5,076.00
—
—
—
—
—
—
—
—
—
—
—
5,396.00
—
—
—
—
—
—
396.95
—
—
—
396.95
—
—
—
—
—
—
—|
||396.95
—
2,280.00
—
2,676.95
10,472.00
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—|
||—
—
—
—
—
—
120.00
—
—
—
120.00
110.00|
||120.00
—
—
—
120.00
110.00|
|**EXPENDITURE TOTAL**|90,900.50
—
7,783.46
—
98,683.96
94,235.89|
|||
|**GRAND TOTAL**|(8,471.71)
—
13,330.60
—
4,858.89
29,993.06|
_Page 8_
WICKHAM BISHOPS & LITTLE BRAXTED P.C.C. ASSETS
ASSETS
General Fund: CAF Bank: £11,846.96 Barclays: £ 1,467.62 CCLA: £37,285.40 Petty Cash: £ 95.35
General Fund re Bowls Club Guardians Restricted Funds Ukrainian Refugees Restricted Fund Wickham Bishops Church Restoration Little Braxted Fabric Fund
£50.695.33 £ 843.14 £27,952.20 £ 1,428.42 £42,624.53 £17,653.46
Bookstall Stock £ 600 Estimated Values Church Hall £ 500,000 Tables & Chairs £ 2,000 Kitchen Equipment, Storage Boxes, Urn, Cutlery, Microwave Etc. £ 1,500 Crockery & Glasses £ 500 Step Ladder £ 109 Vacuum Cleaners £ 200 Video/Television, Sound System/Heaters £ 1,600 Choir Robes £ 1,500 Lawnmowers £ 1,250 Strimmer £ 150 Hedge Trimmer £ 150 Piano x 2 £ 2,700 Shed x 2 £ 1,500 Projector £ 430 Floristry equipment £ 2,000 Dishwasher £ 1,500 Photocopier £ 2,500 Mevo Camera £ 350 WiFi Router £ 90
_Page 9_