# **Annual Report and Financial Statements of the Parochial Church Council of The Parish of Bloxwich** **For the year ended 31[st] December 2022 Registered Charity Number: 1159897** _Page 1_ # **The Parochial Church Council of The Parish of Bloxwich** # **Trustees’ Annual Report for the year ended 31[st] December 2022** **Charity registration number: 1159897** ## **Objectives and Activities** The Parochial Church Council of The Parish of Bloxwich (the PCC) has the responsibility of co-operating with the incumbent, Rev David Candlin, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social and ecumenical. The PCC is also spiritually responsible for the maintenance of the church The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at all three Churches All Saints, Holy Ascension and St Thomas’s. Our services and worship put faith into practice through prayer, scripture, music and sacrament. Also, through non sacramental activities of hospitality and fellowship we aim to reach non churched members of the community. ## **Public Benefit** The trustees of the Charity are aware of the Charity Commission’s guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of Bloxwich, it helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by: • Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers; and • Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole. ## **Achievements and Performance** ## **Worship** The three churches in the parish – All Saints, Holy Ascension and St Thomas’s – have re-established regular patterns of worship after the disruption caused by the pandemic. There is now worship on a Sunday morning in all three churches, and a weekly evening service at St Thomas’s. Highlights of our worship during the year included two Memorial Services during the year for those mourning loved ones, patronal festival services at each church bringing together members of all three congregations, and seven candidates coming forward to be confirmed by the Bishop of Wolverhampton at a service in Streetly in November. We celebrated nightly compline during Holy Week across our churches and Holy Communion at an 8 o’clock Book of Common Prayer service every Sunday during Advent at All Saints. We had a full programme of services at Christmas time, including well-attended Carol Services at each of our churches, Christmas Eve midnight masses at All Saints and St Thomas’s, and a Christmas Day parish eucharist at All Saints. We have settled into a pattern of monthly Messy Church with a different theme each month, rotating round the three churches. These services are well attended and several families are making it “their” church. We are also exploring an informal act of worship on a Sunday afternoon for couples – encouraging those who are in touch about marriage or the baptism of their children to come. We have provisionally called it ‘Belong Believe Become’ and we are looking to increase the regularity of this service from quarterly to monthly in 2023. _Page 2_ ## **Occasional offices** Our churches continue to be popular places for baptisms, weddings and funerals: Baptisms: 37 Weddings: 20 Funerals: 76 We receive a lot of inquiries about infant baptism. We have been working to put more shape around the way we prepare parents and godparents, who are now expected to be present at several acts of worship and to attend a baptism preparation class before we commit to baptize their infant. We feel this offers an appropriate balance between offering an unconditional welcome and providing a good grounding in the meaning and significance of the sacrament of baptism. ## **Other activities** We had a most enjoyable Platinum Jubilee party in the middle of the year attended by members of all three churches. On the announcement of the death of her late Majesty Queen Elizabeth II in September we implemented our plans to mark her passing and commemorate her reign – including keeping our churches open for private prayer and holding a commemoration service for the town at All Saints, which was attended by over a hundred people. The three churches worked together to provide weekly hot lunches for the community through the autumn as our contribution to alleviating the cost of living crisis. The popular Wednesday coffee morning at Holy Ascension continues to go from strength to strength, and regular events for the community at St Thomas’s include a craft morning and a wellbeing café. Fundraising events included well-attended Christmas fairs at all three churches. We continue to play an active part in the life of the deanery, and we maintain ecumenical relations through Churches Together in Bloxwich and Blakenall – and we support its activities for example Rev Chris is currently the secretary to CTBB. The Remembrance Day service and the observation of a two-minute silence at the war memorial outside All Saints organized by the local branch of the Royal British Legion were well attended. We were pleased to welcome Rev Amanda Mallen as Assistant Curate in June. Her ministry is already highly valued by our congregations and the community. She is a blessing to this parish. ## **Electoral roll** The electoral roll shows: All Saints’: 83, and increase of 7 St Thomas’: 51, no change Holy Ascension: 46, a decrease of 10 ## **Fabric of the buildings** All Saints is a large Victorian building and its condition continues to be a cause for concern. Work commenced on installing a new boiler and central heating system in the autumn which will be fully functional by the time of the 2023 Annual Parochial Church Meeting. Storm damage to the roof has resulted in water leaking into the tower – and quotes have been obtained to make good this damage. A grant from the Staffordshire Historic Churches Trust will help to cover the cost of this work, for which we are grateful. On a more positive note, All Saints’ church clock was repaired in 2022 so it now keeps good time and chimes on the hour once more. All Saints church hall was out of action throughout 2021 due to a burst pipe and subsequent flooding. The insurers made good the damage and the church hall was opened once more in May 2022. We have welcomed a number of hall hirers but weekly hall income is significantly below pre-pandemic levels. Given its condition and the ongoing maintenance required, the church hall is probably nearing the end of its useful economic life and decisions will need to be made about its future. The DCCs and wardens of St Thomas’ and Holy Ascension continue with routine repairs and maintenance of those buildings. ## **Relationships with local schools** We continue to deepen our relationships with the two Church of England primary schools in the parish – Little Bloxwich and All Saints National Academy. We have also reached out to provide a Christian presence in non-church schools in the parish including Lower Farm, Abbey and Busil Jones. _Page 3_ ## **Common Fund** The three churches have agreed to meet the Common Fund liability to the diocese on the basis of a 50:25:25 split: **----- Start of picture text -----**
Church Contribution
All Saints £32,564
Holy Ascension £16,200
St Thomas' £16,200
Total Common Fund £64,964
**----- End of picture text -----**
All three churches make regular monthly payments by direct debit. At the end of 2022, All Saints had reduced its Common Fund liability to the diocese from £29,295 at the end of 2021 to £23,310. St Thomas’s liability is broadly unchanged at £4,266. Holy Ascension has paid its share of the parish Common Fund in full and repaid a loan from the diocese for building work of £12,785. ## **Financial Review** ## **PCC of Bloxwich** Net Total Assets: £147,227 [£177,018 2021] Deficit: (£10,848) – Unrestricted Excess £34,494 Restricted deficit (£45,342) [2021 total deficit of (£12,370)] ## **All Saints Accounts** : Net Total Assets: £105,948 [£140,366 2021] Deficit – (£15,995) Unrestricted Excess £30,239 Restricted Deficit (£46,235) [Excess £5,757 2021] Whilst overall All Saints is showing a deficit it is because of the Restricted funds expenditure. The central heating system was replaced in 2022 with a net spend of £63,853. However, the payments to the Common Fund were £22,744 in 2022 a shortfall of £9,820. Had this been paid then the unrestricted excess would have been £20,419. In addition to this, payments made to the arrears totalled £15,805 which reduced them to £13,490. The £9,820 underpayment in 2022 was added to the arrears so the total now shows £23,310 2022 [£29,295 2021]. Overall income has increased from £58,109 2021 to £94,396 2022 with the main increase being in Non Gift Aid collections and One off grants. Of the One off grants of £15,608, only £2,600 was for the General fund, the remainder being for specific projects. The £2,600 was a grant from Lichfield Diocese for help with the Energy costs. Income from Church Hall lettings has increased from £96 to £1,072. Let’s hope that this returns to the dizzy heights of £8,942 2020. There was also a grant of £400 for Jubilee celebrations. Expenditure also increased from £52,351 2021 to £110,391 2022 with the main contributor being Church Major repairs. Surprisingly Church running – Electric has reduced from £5,051 2021 to £1,923 2022. This may need to be investigated to ensure that we have been charged for actual readings and are not storing up a huge bill in 2023. Hall maintenance increased from £446 2021 to £4,378 but this is not surprising as the expenditure was needed to bring the Hall back into use. Following work to simplify the Funds we can now see that free reserves [which include designated funds] is £55,616 with the General fund holding £9,192. Hopefully 2023 All Saints finances will continue to improve and are able to clear the Common Fund arrears of £23,310 and pay the full request of £32,564. Thanks go to Jean and Chris for their continued support. _Page 4_ ## **Holy Ascension Accounts** : Total Assets: £24,396 [£21,355.61 2021] Excess – £3,065 [Deficit - (£18,479) 2021] The overall income has increased from £27,070 2021 to £28,927 2022. The figures that stand out are the Church Hall lettings increasing from £5,944 to £10,681 and Book sales etc increasing from £247 to £1,944. Expenditure has decreased from £45,550 2021 to £25,8612022. The figure that stands out is the Common Fund increasing from £13,200 2021 to £16,200 2022. Holy Ascension have fully paid their request. Along with this we can see that Church running – electric has also increased from £1,572 2021 to £3,392 2022. The Journal entries shown on the Fund Movement summary by type are £16,200 we are now showing the full request for the Common Fund at the beginning of the year as a liability. This then reduces throughout the year as the monthly payments are made to Lichfield. £25.21 is the interest on the loan at redemption. Thanks go to Richard for his continued support ## **St Thomas Accounts** : Total Assets:£7,257 [£7,639 2021] Excess – £75 Unrestricted deficit (£14) Restricted excess £90 £1,043.68 [Total Excess £1,172 2021] Overall income has increased from £17,129 2021 to £25,354 2022. The main differences are Gift aid collections, donations, tax recoverable and Church Hall lettings. Expenditure has also increased from £15,957 2021 to £25,278 2022. The most notable differences are Common Fund which St Thomas has paid in full and Church running Gas. It is clear that St Thomas are just about keeping their head above water. The problem will be repaying the common fund arrears of £4,266. At the time of writing, All Saints have just donated £500 towards the arrears. Thanks go to Margaret for her continued support. ## **Bloxwich Youth & Parish Magazine** : Total Assets: £9,663 Excess – £2,005 [Deficit (£821.09) 2021] Not much to say about Bloxwich Youth & Parish Magazine. Envelopes for the Parish have been paid from here along with Reader training and an away day. Income has increased from £4,702 2021 to £7,116 2022 most notably Church Hall lettings, due to an increase in hall hire charges. Expenditure has reduced from £5,523 2021 to £5,110 2022. The main cost is energy – which at £2,763 was somewhat less than in 2021 (£3,105). Thanks go to Pete and Sue Talbot for their continued support. ## **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. Each church will identify their own figure based on its expenditure. The reserve will be held in a designated fund on the Statements of Assets and Liabilities. However, for the purposes of this report we have quoted the target as a whole. Three months expenditure is equivalent to £41,660 [£29,845 2021]. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year-end £79,126 [£62,136 2021]. This is pretty much on par with the target. _Page 5_ ## **Investment Policy** The charity is granted power to invest in suitable investments under the PCC Powers Measure 1956 and the Trustees Act 2000. As a charity, the Trustees have a duty of care to take such advice as is appropriate before investments are undertaken. This advice is sought from the Central Board of Finance (CCLA) in London. The charity’s investment policies are based on two key principles: - - Ethical Investment – this includes ensuring that investments are held in companies which have high standards of corporate governance and act in a responsible way towards stakeholders. - Long-term responsibilities – the trustees are aware of their long-term responsibilities in respect of the Restricted and Unrestricted reserves and as a result follow a prudent approach to investment decisions. Investment policy for long-term funds is aimed primarily at generating a sustainable income, with due regard to the need for the preservation of capital value, and the possible need to realise investments to meet operational needs. The charity does not have a policy of generating income at excessive or high risk – known as “purchasing income”, where high returns are guaranteed at the expense of capital. In summary, the charity has an overall policy to maximise income while preserving the real value of its funds. Due to the nature of the charity, an ethical investment policy is taken into consideration when investments are made: - The charity follows the Ethical Investment Advisory policy as recommended by the Lichfield Diocese which includes the following: “We aim to invest in companies that: - will develop their business in the interests of shareholders; - demonstrate responsible employment practices; - are conscientious concerning issues of corporate governance, the environment and human rights; - are sensitive to the community in which they operate.” Planned giving, collections and donations are the main sources of fund raising along with tax recoverable. ## **Safeguarding** The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). ## **Reporting Serious Incidents** A Serious Incident is an adverse event, whether actual or alleged, which results in or risks significant harm to the charity’s beneficiaries, employees, office holders, volunteers or to others who come into contact with the charity through its work, loss of the charity’s money or assets, damage to the charity’s property or harm to the charity’s work or reputation. The trustees are not aware of any Serious Incidents in the last year ## **Fundraising** The PCC takes it fundraising responsibilities seriously and is very grateful to all donors – whether regular or occasional – for their support of the church and church events. PCC supporters are never taken for granted. The PCC take full responsibility for fundraising and do not use commercial organisations or professional fundraisers. All money raised is either by donations, fundraising events, special appeals or legacies for which the PCC are most grateful. ## **Volunteers** The members of the PCC would like to thank all of the 40 volunteers who work so hard to make our Church a lively and vibrant community. ## **Risk Management** The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potential hazards. We have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impact the work of the Church in the Parish is ongoing. _Page 6_ ## **Structure, Governance and Management** The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure (1956) as amended that came into effect on 2[nd] January 1957, and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended). The method of appointment of the PCC members is set out in the Church Representation Rules. The Council comprises the Incumbent, the Churchwardens, a representative of the Readers, those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese. Members of the congregation are always urged to join the Electoral Roll, and to stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. The PCC met 3 times in 2022. ## **Related Parties** No related parties were either employed by the PCC or offered a contract to carry out work on the Church ## **Donations from Related Parties** Donations from related parties during the year totalled £17,456 [£7,041 2021]. All these donations were received without conditions. One donation represents 58% of the overall total. ## **Remuneration paid to Trustees** None of the trustees have been paid any remuneration or received any other benefits from employment with the PCC ## **Expenses paid to Trustees** Two trustees were reimbursed £477 [£22 2021] for travel and subsistence during the year. _Page 7_ ## **Reference and Administrative Details** **Charity Name:** The Parochial Church Council of The Parish of Bloxwich **Other names the charity is known by:** N/A **Registered Charity Number** : 1159897 **Charity’s principal address:** The Rectory, 3 Elmore Row, Bloxwich Walsall WS3 2HR **Correspondence address:** The Rectory, 3 Elmore Row, Bloxwich Walsall WS3 2HR **Website address:** https://www.bloxwichparish.org.uk **PCC Members: Who Served from 1 January 2022 to the date this report was approved** |**PCC Members: Who Served from 1**|**January 2022 to the date this report was approved**|| |---|---|---| |**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**period**| |**Ex-Officio**||| |Revd. David Candlin|Rector/Chairperson|| |Revd. Christopher Davies|Team Vicar|| |Revd. Patricia Nesbitt|Assistant Minister|| |Mr John Barnes|Churchwarden|| |Miss Donna Titley|Churchwarden|| |Ms Angie Partoon|Lay Minister|| |Mrs Helen Thorpe-Wood|Lay Reader|| |Mrs Dorothy Margaret Wootton|Lay Reader|| |Mr Stuart Annis|Deanery Synod/Holy Ascension|| |Mrs Leslie Harris|Parish Warden Holy Ascension|| |Mr Adrian Richardson|Parish Warden St Thomas|| |Mr Robert Jackson|Deanery Synod Representative|| |**Elected Members**||| |Mr Richard Harris|Holy Ascension|| |Mrs Ann Barnes|All Saints|| |Mrs Susan Walters|Holy Ascension|| |Mrs Sheila Harvey|All Saints [PCC Secretary]|22 July 2022| |Mrs Amy Jane Cox|All Saints|22 July 2022| _Page 8_ **Bank** Lloyds Bank PLC The Bridge Walsall **Investment** CCLA **Managers** Senator House 85 Queen Victoria Street London EC4V 4ET **Independent** Jonathan Hill **Examiner** Lichfield Diocesan Board of Finance St Marys House, The Close, Lichfield. WS13 7LD **Approved by the PCC on 28[th] February 2023 and signed on its behalf by:** **………………………………. ……………………………………….. Revd David Candlin Mrs Sheila Harvey (PCC Secretary)** _Page 9_ ## **Independent Examiner’s report to the trustees/members of The PCC of The Parish of Bloxwich** Registered charity number: 1159897 I report on the accounts for the year ended 31[st] December 2022 which are set out on the following pages. ## **Respective responsibilities of the Trustees and Independent Examiner** The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independen t examination is needed. It is my responsibility - to examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the General Directions given by the Charity Commission - (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. ## **Basis of Independent Examiner's Statement** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below. ## **Independent Examiner's Statement** In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect: - accounting records were not kept in accordance with section 130 of the Charities Act or - the accounts do not accord with the with the accounting records I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: ………………………………………….. Date: …07/07/2023……………………………… Jonathan Hill FCMA CGMA Lichfield Diocesan Board of Finance St Mary’s House, The Close, Lichfield WS13 7LD _Page 10_ ## **The Parish of Bloxwich** ## **Notes to the Financial Statements** For the year ended 31[st] December 2022 ## **Accounting Policies** The Financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis. There may be minor discrepancies in the totals as the pence are not being shown. The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members. ## **Cashflow Statement** The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a cashflow statement on the grounds that the income does not exceed £500,000. ## **Going Concern** There are no material uncertainties relate to events or conditions that cast significant doubt on the charity’s ability to continue as a going concern. ## **Accounting Estimates and Prior Year Errors** No changes to accounting estimates have occurred in the reporting period. No material prior year errors have been identified in the reporting period ## **Description of Funds** **Unrestricted funds** are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the trustees' annual report. An explanation of purpose of each Designated fund are as follows - Decoration – Historic funds held for the decoration of Cresswell crescent. Hold £37.24 advise this is transferred to General fund as monies are held with Lichfield in the IDS account. - Hall – Parish Hall – Fund set aside for the upkeep of the Parish Hall – All Saints - Clergy discretionary spend – A fund set aside for payments at the discretion of the Clergy – All Saints - Discipleship/Evangelism/Vocation – A fund set aside for the missionary work of the Parish – All Saints - Reserve Fund – 3 months expenditure set aside – Holy Ascension - Magzine Fund – Fund to show income and expenditure of the Magazine. I understand that the magazine is no longer produced. I advise that this fund is transferred to the General Fund and closed. - Mission Resource – Funds set aside for Mission – St Thomas - Reserve Fund – 3 months expenditure set aside – St Thomas - Santa – Funds set aside for Santa Gifts. This fund holds £7 would advise this is transferred to General _Page 11_ **Restricted funds** comprise of two elements :- - a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest - b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. An explanation of purpose of each Restricted fund are as follows: - Altar Fronts – Specific donations for Alter Fronts – Holy Ascension - Bibles – Specific donations for the purchase of Bibles – All Saints - Choir – Specific donations for the work of the Choir – All Saints - Building fund – Specific donations and grants for the Building -Holy Ascension - Building Maintenance – Specific donation for the maintenance of the building at St Thomas - Craft Group St Thomas – Fund set up to record specific income and expenditure for the outreach Craft group - CUF Together Mental Health Grant – Grant from CUF for the Mental health work at St Thomas - Family Work – Family Worker Growth – Specific Grants for the work of the Family Worker – All Saints - Decoration – IDS Decoration Scheme – Funds specifically for the redecoration of the Vicarages - Jump – Jump for Joy Grants – St Thomas - Jubilee – Specific grant for Jubilee celebrations – it would appear that expenses have not been debited from this fund. Advise that the expenses are identified and the funds transferred to General fund in 2023 – All Saints - King – King Incumbent and Church wardens trust – Relief of the poor in the Parish boundary – All Saints - Hall – Parish Hall – Fund specifically for the upkeep of the Parish Hall – All Saints - Disability – Specific donations and grants for Disability Facilities for Church Hall – All Saints - Sound – Specific donations for the Sound system – All Saints - Places of Warmth – Specific grant to help with the cost of providing a Place of Warmth -All Saints - Clock Maintenance – Donations specifically for maintenance of the Clock – All Saints - Heating Fund – Specific donations for the heating fund - All Saints - Holiday Club – Specific donations for the Holiday Club – All Saints - IDSLBF – Decoration Scheme for Vicarage – St Thomas **Endowment funds** are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts. An explanation of purpose of each Endowment fund are as follows: The Parish of Bloxwich do not hold any Endowment funds. ## **Incoming Resources** Planned giving, collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross. ## **Resources Expended** Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross. _Page 12_ ## **Governance and Support Costs** Support costs should be allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the PCC and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage. ## **Fixed Assets** Consecrated and benefice property is not included in the accounts by s.10(2)(a)&(C) of the Charities Act 2011. Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. No depreciation is provided on buildings as the currently estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets exceeds 50 years, so that any depreciation charges would be immaterial. Other tangible fixed assets are valued at cost. The depreciation rates and methods used are 50% per annum. ## **Investments** Investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value at the year end. Investments held for re-sale are treated as current asset investments. ## **Debtors** Debtors are measured on initial recognition at settlement amount. Subsequently they are measured as cash expected to be received ## **Creditors and Accruals** Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settle the obligation at the reporting date. _Page 13_ ## _**The Parish of Bloxwich year ending 2022**_ ## **Receipts and Payments Account 2022** ||**Unrestricted**
**Restricted**
**2022**
**2021**| |---|---| |**Receipts from:**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other receipts
**Total receipts**
**Payments on:**
Raising funds
Payments on charitable activities
**Total payments**
**Net receipts / (payemnts) resources before transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Other recognised gains / losses**
Gains / losses on investment assets
Gains on revaluation, fixed assets, charity's own use
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**|60,256
22,038
82,294
61,337
62,032
199
62,231
43,259
33
—
33
155
2,048
464
2,512
2,112
8,721
—
8,721
148| ||**133,092**
**22,701**
**155,793**
**107,012**
1,044
347
1,391
592
97,553
67,697
165,250
118,791| ||**98,597**
**68,044**
**166,642**
**119,383**| ||**34,494**
**(45,342)**
**(10,848)**
**(12,370)**
10,000
135
10,135
61,618
(10,135)
—
(10,135)
(61,618)
(7,547)
(1,550)
(9,097)
260
(9,820)
(25)
(9,845)
(24,243)| ||**16,991**
**(46,782)**
**(29,791)**
**(36,354)**| ||**62,137**
**114,881**
**177,018**
**213,373**| ||**79,129**
**68,098**
**147,227**
**177,018**| _Page 14_ ## **Statement of assets and liabilities 2022** ||**General**
**Designated**
**Restricted**
**2022**
**2021**| |---|---| |**Fixed assets - Investments**
CCLA CRESSWELL INVESTMENT -
CCLA Bloxwich - William King -
CCLA Bloxwich Foster 446/487 -
**Totals**
**Current assets - Cash at bank and in hand**
Incumbent&Churchwardens William
King -
Bank current account -
Bank current account -
Bank current account -
All Saints DCC - Ingram Trust -
Parish Magazine Account -
Building Fund Current Account -
Bloxwich Youth Church -
CCLA (CBF) deposit account -
CCLA (CBF) deposit account -
Cash in hand -
Petty Cash -
Coffee Morning Petty Cash -
HSBC Current Account -
Bloxwich - 3 Elmore Row -
IDS Decoration Account LICHFIELD -
Bloxwich - 9 Sanston Road -
**Totals**
**Liabilities - Agency accounts**
Agency collections
Agency collections
**Totals**
**Liabilities - Creditors: Amounts falling due**
**after more than one year**
Lichfield Loan - Due after one year
**Totals**
**Liabilities - Creditors: Amounts falling due**
**in one year**
DLBBLOXOX011 - Loan Due within in one
year
PSBLOX02 – Common Fund Liability – All
Saints
PSBLOX03 – Common Fund Liability – St
Thomas
**Totals**
**Grand total**|3,426
—
—
3,426
3,883
—
—
11,619
11,619
13,169
21,492
31,648
—
53,141
60,231| ||**24,919**
**31,648**
**11,619**
**68,186**
**77,284**
—
—
2,097
2,097
1,751
(11,894)
14,776
33,416
36,297
61,365
—
—
—
—
(135)
2,496
5,988
123
8,608
4,687
—
—
403
403
403
(425)
1,046
—
621
796
7
—
6,905
6,912
2,977
9,041
—
—
9,041
6,861
—
—
8,693
8,693
28,574
22,904
—
3,984
26,889
38,437
39
—
—
39
34
83
—
—
83
21
33
—
—
33
95
2,765
3,272
1,663
7,702
7,706
—
—
299
299
299
—
—
437
437
437
—
—
64
64
724| ||**25,053**
**25,084**
**58,089**
**108,227**
**155,041**| ||
—
—
82
82
98

—
—
1,528
1,528
5,862| ||**—**
**—**
**1,610**
**1,610**
**5,960**| ||| ||—
—
—
—
**12,785**| ||**—**
**—**
**—**
**—**
**12,785**| ||| ||| ||
—
—
—
—
2,940| ||23,310
—
—
23,310
29,295| ||4,266
—
—
4,266
4,325| ||**27,576**
—
—
**27,576**
**36,560**| ||| ||**22,396**
**56,732**
**68,098**
**147,227**
**177,018**| _Page 15_ **Approved by the PCC on 28[th] February 2023 and signed on its behalf by:** **………………………………. ……………………………………….. Revd David Candlin Mrs Sheila Harvey (PCC Secretary)** _Page 16_ ## **Statement of assets and liabilities 2021** ||**General**
**Designated**
**Restricted**
**2021**
**2020**| |---|---| |**Fixed assets - Investments**
CCLA CRESSWELL INVESTMENT -
CCLA Bloxwich - William King -
CCLA Bloxwich Foster 446/487 -
**Totals**
**Current assets - Cash at bank and in hand**
Incumbent&Churchwardens William
King -
Bank current account -
Bank current account -
Bank current account -
All Saints DCC - Ingram Trust -
Parish Magazine Account -
Building Fund Current Account -
Bloxwich Youth Church -
CCLA (CBF) deposit account -
CCLA (CBF) deposit account -
Cash in hand -
Coffee Morning Petty Cash -
Petty Cash -
HSBC Current Account -
CCLA (CBF) deposit account -
Bloxwich - 3 Elmore Row -
IDS Decoration Account LICHFIELD -
Bloxwich - 9 Sanston Road -
**Totals**
**Liabilities - Agency accounts**
Agency collections -
**Totals**
**Liabilities - Creditors: Amounts falling due**
**after more than one year**
Lichfield Loan - Due after one year -
**Totals**
**Liabilities - Creditors: Amounts falling due**
**in one year**
Parish Share Liability -
LDBF - Loan Due within in one year -
**Totals**
**Grand total**|3,883
—
—
3,883
6,933
—
—
13,169
13,169
11,521
24,399
35,831
—
60,231
52,693| ||**28,282**
**35,831**
**13,169**
**77,283**
**71,147**
—
—
1,751
1,751
1,417
(23,202)
(57)
83,817
60,557
48,118
—
—
—
—
3,787
232
5,988
(1,533)
4,687
5,697
0
—
403
403
403
(217)
1,013
—
796
870
7
—
2,969
2,977
10,054
6,861
—
—
6,861
7,607
34,453
—
3,984
38,437
38,299
—
—
—
—
118
56
—
—
56
32
95
—
—
95
83
—
—
—
—
50
2,851
3,265
1,589
7,706
3,032
—
—
28,574
28,574
40,555
—
—
299
299
4,121
—
—
437
437
437
—
—
724
724
724| ||**21,139**
**10,209**
**123,020**
**154,369**
**165,412**
—
—
5,582
5,582
6,032| ||**—**
**—**
**5,582**
**5,582**
**6,032**
—
—
12,785
12,785
14,298| ||**—**
**—**
**12,785**
**12,785**
**14,298**
33,620
—
—
33,620
—
—
—
2,940
2,940
2,856| ||**33,620**
**—**
**2,940**
**36,560**
**2,856**| ||**15,802**
**46,041**
**114,881**
**176,724**
**213,373**| _Page 17_ ## **Analysis of receipts and payments 2022** ## **RECEIPTS AND ENDOWMENTS** ## **Donations and legacies** |0101 - Gift Aid Collections
0201 - Non Gift Aid collections
0201 - Non Gift Aid Collections
0301 - Loose plate collections
0302 - Weddings/Funeral/Baptism
Collections
0303 - Contactless
0410 - Giving through church boxes
0550 - Donations appeals etc
0550 - Donations over £20
0701 - Legacies
08A1 - Non-recurring one-off grants
Total
**Receipts from charitable activities**
0302 - Beetle Drive/Book
Sale/History Evening/Q
0601 - Tax recoverable on Gift Aid
0901 - Other funds generated
0902 - Heating Weddings & Funerals
0904 - Holiday Club Fees/Income
1101 - Fees for weddings and
funerals
1230 - Church hall lettings -
objectives
1231 - Seasonal Fairs
Total
**Other trading activities**
1240 - Church hall lettings - fund
raising
1250 - Magazine income -
advertising
1260 - Parish magazine sales
Total
**Investments**
1001 - Dividends
1020 - Bank and building society
interest
1020 - Bank/Building Society/CBF
Interest
Total|**Unrestricted**
**Designated**
**Restricted**
**2022**
**2021**
22,832
—
100
22,932
21,264
1,760
—
—
1,760
2,201
17,129
—
—
17,129
4,451
3,352
—
—
3,352
2,228
2,964
—
—
2,964
1,846
141
—
—
141
—
109
—
—
109
60
97
—
—
97
—
7,608
1,660
8,699
17,968
24,400
—
—
—
—
1,000
2,600
—
13,239
15,839
3,884| |---|---| ||58,596
1,660
22,038
82,294
61,337
1,944
—
—
1,944
247
7,754
—
—
7,754
4,693
6,987
7
124
7,119
5,655
2,730
—
—
2,730
4,676
—
—
74
74
—
12,812
—
—
12,812
11,755
28,100
1,072
—
29,172
15,665
625
—
—
625
567| ||60,953
1,079
199
62,231
43,259
—
—
—
—
13
—
33
—
33
—
—
—
—
—
142| ||—
33
—
33
155
1,596
—
345
1,942
2,048
—
—
—
—
24
451
—
118
570
39| ||2,048
—
464
2,512
2,112| _Page 18_ |**Other receipts**
1101 - Fees for weddings and
funerals
1310 - Insurance claims
Total|—
—
—
—
11,755
—
8,721
—
8,721
148| |---|---| ||—
8,721
—
8,721
11,903| |**RECEIPTS TOTAL**|121,598
11,493
22,701
155,793
118,767| |**PAYMENTS**
**Raising funds**
1720 - Costs of stewardship
campaign
1730 - Costs of fetes & other events
Total
**Payments on charitable activities**
1740 - Investment
management/Bank Charges
1740 - Bank Charges
1801 - Giving to missionary societies
1910 - LDBF Common Fund
1910 - Common Fund
2051 - Other Salaries
2101 - Working expenses of
incumbent
2150 - Vicar's telephone
2170 - Education
2201 - Parish training and mission
2301 - Church running - insurance
2310 - Church office/Youth -
telephone
2320 - Organ / piano tuning
2330 - Church maintenance
2331 - Cleaning
2332 - Catering
2340 - Upkeep of services
2350 - Upkeep of churchyard
2360 - Administration/Stationery
2361 -
Photocopy/Printing/Advertising
2363 - Licence & Subscriptions
2401 - Church running - electric
2410 - Church running - gas
2420 - Church running - water
2530 - Hall running - electricity
2540 - Hall running - gas
2560 - Hall running - maintenance
2580 - Hall running - water
2701 - Church major repairs -
structure
2710 - Church major repairs -
installation
2840 - Other PCC property upkeep
Total|158
—
—
158
217
885
—
347
1,233
375| ||1,044
—
347
1,391
592
—
—
—
—
84
578
—
—
578
346
—
—
—
—
350
22,744
—
—
22,744
20,305
32,400
—
—
32,400
23,932
—
629
—
629
5,628
800
—
—
800
22
76
—
—
76
—
236
—
161
397
47
107
—
346
454
954
9,960
—
—
9,960
9,626
1,267
—
—
1,267
1,286
—
—
75
75
—
2,147
—
1,407
3,554
2,638
259
—
—
259
128
456
—
—
456
196
1,231
235
61
1,527
438
654
—
—
654
865
1,807
15
409
2,231
1,911
2,209
—
—
2,209
2,560
1,295
—
—
1,295
788
6,198
—
—
6,198
7,853
5,889
—
—
5,889
3,057
749
—
—
749
575
—
354
—
354
2,332
—
—
—
—
429
—
4,378
—
4,378
446
—
871
—
871
794
—
—
—
—
20,997
—
—
64,575
64,575
6,126
—
—
660
660
3,821| ||91,069
6,483
67,697
165,250
118,548| _Page 19_ |**PAYMENTS TOTAL**|92,113|6,483|68,044|166,642|119,140| |---|---|---|---|---|---| ||||||| |**GRAND TOTAL**|29,484|5,010|(45,342)|(10,848)|(372)| ## **Fund movement by type 2022** ||**Opening**
**Incoming**
**Outgoing**
**Transfers**
**Gain/Loss**
**Closing**| |---|---| |**AltarFront - Altar Fronts**
Restricted
**Sub-total for AltarFront**
**Bibles - Bibles**
Restricted
**Sub-total for Bibles**
**Build - Building Fund**
Designated
Restricted
**Sub-total for Build**
**Buildmain - Building/Maintenance**
Restricted
**Sub-total for Buildmain**
**CUFHealth - CUF Together Mental**
Restricted
**Sub-total for CUFHealth**
**Choir - Choir**
Restricted
**Sub-total for Choir**
**Christmas - Christmas**
Restricted
**Sub-total for Christmas**
**Clergy - Clergy Discretionary**
Designated
**Sub-total for Clergy**
**Clock - Clock Maintenance**
Restricted
**Sub-total for Clock**
**CraftGroup - St Thomas Craft Grou**
Restricted
**Sub-total for CraftGroup**
**DEV - Discipleship/Evangel**
Designated
**Sub-total for DEV**
**Decoration - St Thomas Decoration**|—
500
376
—
—
123| ||**—**
**500**
**376**
**—**
**—**
**123**
717
63
508
—
—
272| ||**717**
**63**
**508**
**—**
**—**
**272**
—
—
—
—
—
—
14,285
2,118
780
—
—
15,598| ||**14,285**
**2,118**
**780**
**—**
**—**
**15,598**
128
57
—
—
—
185| ||**128**
**57**
**—**
**—**
**—**
**185**
1,108
—
—
—
—
1,108| ||**1,108**
**—**
**—**
**—**
**—**
**1,108**
2,140
0
75
0
—
2,065| ||**2,140**
**0**
**75**
**0**
**—**
**2,065**
—
231
231
—
—
—| ||**—**
**231**
**231**
**—**
**—**
**—**
750
1,360
235
—
—
1,875| ||**750**
**1,360**
**235**
**—**
**—**
**1,875**
10,289
5,972
1,348
—
—
14,912| ||**10,289**
**5,972**
**1,348**
**—**
**—**
**14,912**
—
124
91
—
—
33| ||**—**
**124**
**91**
**—**
**—**
**33**
35,831
—
—
10,000
(4,183)
41,648| ||**35,831**
**—**
**—**
**10,000**
**(4,183)**
**41,648**| _Page 20_ |Designated
Restricted
Restricted
**Sub-total for Decoration**
**Disability - Disability Facilitie**
Restricted
**Sub-total for Disability**
**FamilyWork - Family Work**
Restricted
**Sub-total for FamilyWork**
**General - General fund**
Unrestricted
**Sub-total for General**
**Hall - Parish Hall**
Designated
Restricted
**Sub-total for Hall**
**Heating - Heating Fund**
Restricted
**Sub-total for Heating**
**Holiday - Holiday Club**
Restricted
**Sub-total for Holiday**
**IDSLDBF - IDS Decoration Schem**
Restricted
**Sub-total for IDSLDBF**
**Jubilee - Platinum Jubilee**
Restricted
**Sub-total for Jubilee**
**Jump - Jump For Joy**
Restricted
**Sub-total for Jump**
**King - King Incumbent And C**
Restricted
Endowment
**Sub-total for King**
**Magazine - Magazine**
Designated
**Sub-total for Magazine**
**Mission - Mission Resource**
Designated
**Sub-total for Mission**
**Organ - Organ**|37
—
—
—
—
37
724
—
660
—
—
64
299
—
0
—
—
299| |---|---| ||**1,060**
**—**
**660**
**—**
**—**
**400**
696
—
—
—
—
696| ||**696**
**—**
**—**
**—**
**—**
**696**
3,267
—
94
—
—
3,172| ||**3,267**
**—**
**94**
**—**
**—**
**3,172**
16,096
121,598
92,113
(10,000)
(3,364)
22,396| ||**16,096**
**121,598**
**92,113**
**(10,000)**
**(3,364)**
**22,396**
(807)
10,093
6,248
(135)
—
2,901
(135)
—
—
135
—
—| ||**(943)**
**10,093**
**6,248**
**—**
**—**
**2,901**
65,627
10,000
63,854
—
—
11,773| ||**65,627**
**10,000**
**63,854**
**—**
**—**
**11,773**
118
74
24
—
—
168| ||**118**
**74**
**24**
**—**
**—**
**168**
437
—
—
—
—
437| ||**437**
**—**
**—**
**—**
**—**
**437**
—
400
—
—
—
400| ||**—**
**400**
**—**
**—**
**—**
**400**
253
—
—
—
—
253| ||**253**
**—**
**—**
**—**
**—**
**253**
14,921
345
—
—
(1,550)
13,716
—
—
—
—
—
—| ||**14,921**
**345**
**—**
**—**
**(1,550)**
**13,716**
1,013
33
—
—
—
1,046| ||**1,013**
**33**
**—**
**—**
**—**
**1,046**
819
—
—
—
—
819| ||**819**
**—**
**—**
**—**
**—**
**819**| _Page 21_ |Designated
**Sub-total for Organ**
**Reserve - Reserve 3 Months exp**
Designated
Designated
**Sub-total for Reserve**
**Santa - Santas Gifts**
Designated
**Sub-total for Santa**
**Sound - Sound System**
Restricted
**Sub-total for Sound**
**Warmth - Places Of Warmth**
Restricted
**Sub-total for Warmth**
**Grand total**|—
—
—
—
—
—| |---|---| ||**—**
**—**
**—**
**—**
**—**
**—**
5,988
—
—
—
—
5,988
2,409
—
—
—
—
2,409| ||**8,397**
**—**
**—**
**—**
**—**
**8,397**
—
7
—
—
—
7| ||**—**
**7**
**—**
**—**
**—**
**7**
—
207
—
—
—
207| ||**—**
**207**
**—**
**—**
**—**
**207**
—
2,608
—
—
—
2,608| ||**—**
**2,608**
**—**
**—**
**—**
**2,608**| ||**177,018**
**155,793**
**166,642**
**—**
**(9,097)**
**147,227**| ## **Fund movement by type 2021** ||**Opening**
**Incoming**
**Outgoing**
**Transfers**
**Gain/Loss**
**Closing**| |---|---| |**Bell - Bell Repairs**
Designated
**Sub-total for Bell**
**Bibles - Bibles**
Restricted
**Sub-total for Bibles**
**Build - Building Fund**
Designated
Restricted
**Sub-total for Build**
**Buildmain - Building/Maintenance**
Restricted
**Sub-total for Buildmain**
**CUFHealth - CUF Together Mental**
Restricted
**Sub-total for CUFHealth**
**Choir - Choir**
Restricted
**Sub-total for Choir**
**Clergy - Clergy Discretionary**
Designated
**Sub-total for Clergy**
**Clock - Clock Maintenance**
Restricted
**Sub-total for Clock**
**DEV - Discipleship/Evangel**
Designated|190
—
—
(190)
—
—| ||**190**
**—**
**—**
**(190)**
**—**
**—**
717
—
—
—
—
717| ||**717**
**—**
**—**
**—**
**—**
**717**
1,500
—
—
(1,500)
—
—
30,452
8,019
27,169
2,982
—
14,285| ||**31,952**
**8,019**
**27,169**
**1,482**
**—**
**14,285**
—
128
—
—
—
128| ||**—**
**128**
**—**
**—**
**—**
**128**
1,108
—
—
—
—
1,108| ||**1,108**
**—**
**—**
**—**
**—**
**1,108**
913
—
—
1,226
—
2,140| ||**913**
**—**
**—**
**1,226**
**—**
**2,140**
—
750
—
—
—
750| ||**—**
**750**
**—**
**—**
**—**
**750**
2,390
2,390
—
5,509
—
10,289| ||**2,390**
**2,390**
**—**
**5,509**
**—**
**10,289**
—
—
—
—
35,831
35,831| _Page 22_ |**Sub-total for DEV**
**Decoration - St Thomas Decoration**
Designated
Restricted
Restricted
**Sub-total for Decoration**
**Disability - Disability Facilitie**
Restricted
**Sub-total for Disability**
**FamilyWork - Family Worker - Grow**
Restricted
**Sub-total for FamilyWork**
**Flower - Flower fund**
Designated
Restricted
**Sub-total for Flower**
**Foster446 - Foster 446 [Mary D F**
Endowment
**Sub-total for Foster446**
**Foster487 - Foster 487 [Miss S D**
Endowment
**Sub-total for Foster487**
**General - General fund**
Unrestricted
**Sub-total for General**
**Hall - Parish Hall**
Designated
Restricted
**Sub-total for Hall**
**Heating - Heating Fund**
Restricted
**Sub-total for Heating**
**Holiday - Holiday Club**
Restricted
**Sub-total for Holiday**
**IDSLDBF - IDS Decoration Schem**
Restricted
**Sub-total for IDSLDBF**
**Ingram - Ingram Trust**
Restricted
Endowment
**Sub-total for Ingram**
**Jump - Jump For Joy**
Restricted
**Sub-total for Jump**
**King - King Incumbent And C**
Restricted
Endowment
**Sub-total for King**
**Magazine - Magazine**
Designated
**Sub-total for Magazine**
**Maintain - Church Maintenance**
Restricted
**Sub-total for Maintain**
**Mission - Mission Resource**|**—**
**—**
**—**
**—**
**35,831**
**35,831**
37
—
—
—
—
37
724
—
—
—
—
724
4,121
—
3,821
—
—
299| |---|---| ||**4,882**
**—**
**3,821**
**—**
**—**
**1,060**
696
—
—
—
—
696| ||**696**
**—**
**—**
**—**
**—**
**696**
15,459
—
50
(12,142)
—
3,267| ||**15,459**
**—**
**50**
**(12,142)**
**—**
**3,267**
(14)
—
—
14
—
—
26
—
—
(26)
—
—| ||**11**
**—**
**—**
**(11)**
**—**
**—**
16,861
—
—
—
(16,861)
—| ||**16,861**
**—**
**—**
**—**
**(16,861)**
**—**
35,831
—
—
—
(35,831)
—| ||**35,831**
**—**
**—**
**—**
**(35,831)**
**—**
(16,584)
91,823
78,124
27,458
(8,769)
15,802| ||**(16,584)**
**91,823**
**78,124**
**27,458**
**(8,769)**
**15,802**
—
2,476
9,170
5,886
—
(807)
—
453
525
(63)
—
(135)| ||**—**
**2,930**
**9,696**
**5,822**
**—**
**(943)**
65,627
—
—
—
—
65,627| ||**65,627**
**—**
**—**
**—**
**—**
**65,627**
118
—
—
—
—
118| ||**118**
**—**
**—**
**—**
**—**
**118**
437
—
—
—
—
437| ||**437**
**—**
**—**
**—**
**—**
**437**
1
—
—
(1)
—
—
1,225
—
—
(1,225)
—
—| ||**1,226**
**—**
**—**
**(1,226)**
**—**
**—**
253
—
—
—
—
253| ||**253**
**—**
**—**
**—**
**—**
**253**
1,417
334
—
—
1,648
14,921
11,521
—
—
—
—
—| ||**12,939**
**334**
**—**
**—**
**1,648**
**14,921**
870
142
—
—
—
1,013| ||**870**
**142**
**—**
**—**
**—**
**1,013**
22,877
—
300
(22,577)
—
—| ||**22,877**
**—**
**300**
**(22,577)**
**—**
**—**| _Page 23_ |Designated
**Sub-total for Mission**
**Organ - Organ**
Designated
**Sub-total for Organ**
**Reserve - Reserve 3 Months exp**
Designated
Designated
**Sub-total for Reserve**
**Restorate - Restoration**
Restricted
**Sub-total for Restorate**
**Santa - Santas Gifts**
Designated
**Sub-total for Santa**
**Wilkes - Trust 1490 E S Wilke**
Endowment
**Sub-total for Wilkes**
**Xmas - Christmas**
Restricted
**Sub-total for Xmas**
**Grand total**|841
—
21
—
—
819| |---|---| ||**841**
**—**
**21**
**—**
**—**
**819**
450
—
—
(450)
—
—| ||**450**
**—**
**—**
**(450)**
**—**
**—**
5,988
—
—
—
—
5,988
2,409
—
—
—
—
2,409| ||**8,397**
**—**
**—**
**—**
**—**
**8,397**
1,816
—
—
(1,816)
—
—| ||**1,816**
**—**
**—**
**(1,816)**
**—**
**—**
—
—
—
—
—
—| ||**—**
**—**
**—**
**—**
**—**
**—**
3,082
—
—
(3,082)
—
—| ||**3,082**
**—**
**—**
**(3,082)**
**—**
**—**
—
200
200
—
—
—| ||**—**
**200**
**200**
**—**
**—**
**—**| ||**213,373**
**106,718**
**119,383**
**—**
**(23,983)**
**176,724**| ## **Staff Costs** ||2022|2021| |---|---|---| |||| |Wages & Salaries|£629|£5,628| |||| |Average number of Employees|1|1| During the year the PCC employed a church hall cleaner [part-time] and no payments were large enough to attract social security costs. There were no employee benefits to key management personnel in the previous or current year. ## **Trustees’ Remuneration & Expenses** No Trustees were employed so no remuneration has been incurred during the year Two trustees were reimbursed £477 [£22 2021] for travel and subsistence during the year. ## **Related Parties** No other expenses were paid to any other PCC member, or persons closely connected to them or related parties. Donations from related parties [PCC members] totalled £17,456 [£7,041 2021]. _Page 24_ ## **Analysis of Transfer between Funds 2022** **----- Start of picture text -----**
Reference Debit Credit Description Fund Fund Type
**----- End of picture text -----**
||||||| |---|---|---|---|---|---| |Tfr from General to DEV fund as per DC email 30/11/22|-|10,000.00|To DEV as per DC email 30/11/22|General|Unr| |Tfr from General to DEV fund as per DC email 30/11/22|10,000.00|-|Per General as per DC email 30/11/22|DEV|Des| |To Bring to nil and close|135.64|-|Per Designated fund to close|Hall|Res| |To Bring to nil and close|-|135.64|To Restricted to bring to nil and close|Hall|Des| |KB Tidy up|-|0.05|To Choir KB Tidy up|General|Unr| |KB Tidy up|0.05|-|Per General KB tidy up|Choir|Res| ## **Analysis of Transfer between Funds 2021** |**Reference**|**Debit**||**Credit**||**Description**|**Fund**|**Fund Type**| |---|---|---|---|---|---|---|---| |Tfr from General to Maintenance KB Tidy up|-|1,160.22||To Maintenance Fund -|KB Tidy up|General|Unr| |Tfr from General to Maintenance KB Tidy up|1,160.22|-||Per General Fund - KB Tidy up||Maintain|Res| |Tfr from Organ to General - KB Tidy up|-|450.72||Tfr to General - KB Tidy|up|Organ|Des| |Tfr from Organ to General - KB Tidy up|450.72|-||Per Organ - KB Tidy up||General|Unr| |Tfr from Hall D to Hall - KB Tidy up|-|130.27||To Restricted fund to close||Hall|Des| |Tfr from Hall D to Hall - KB Tidy up|130.27|-||Per Hall D to bring Hall R to nil||Hall|Res| |Tfr from General to Clock maintenance - donations from|||||||| |Robert Parker Charity since 2016|-|5,509.00||Tfr to Clock manintenance||General|Unr| |Tfr from General to Clock maintenance - donations from|||||||| |Robert Parker Charity since 2016|5,509.00|-||Per General fund||Clock|Res| |Transfer to General fund from ES Wilkes - breached income|||||||| |requirement of £1,000|-|3,082.80||Trf to General fund||Wilkes|End| |Transfer to General fund from ES Wilkes - breached income||||Per ES Wilkes Trust - breached income requirement of|||| |requirement of £1,000|3,082.80|-||£1,000 and for general|purposes|General|Unr| |Transfer to Choir fund - Endowment fund breached £1k|||||||| |income|-|704.7||Tfr to Choir fund||Ingram|End| |Transfer to Choir fund - Endowment fund breached £1k|||||||| |income|704.7|-||Per Ingram trust||Choir|Res| |Tfr from Family Worker to General - Transferred from|||||||| |Parish Hall des in 2018|-|6,658.50||To General Fund||FamilyWork|Res| |Tfr from Family Worker to General - Transferred from|||||||| |Parish Hall des in 2018|6,658.50|-||Per Family worker||General|Unr| |Tfr from General to Hall Designated KB tidy up|-|6,016.43||To Hall Designated KB Tidy up||General|Unr| |Tfr from General to Hall Designated KB tidy up|6,016.43|-||Per General KB tidy up||Hall|Des| |Tfr from Hall Res to General KB tidy up|-|193.75||To General KB tidy up||Hall|Res| |Tfr from Hall Res to General KB tidy up|193.75|-||Per Hall Res KB tidy up||General|Unr| |Tfr from Ingram trust to Choir - Endowment breached £1k|||||||| |income requirement|-|402.44||Tfr to Choir fund||Ingram|End| |Tfr from Ingram trust to Choir - Endowment breached £1k|||||||| |income requirement|402.44|-||Per Ingram trust||Choir|Res| |Tfr from Ingram Trust to Choir - Endowment breached £1k|||||||| |income requirement|-|1.04||To Choir fund||Ingram|Res| |Tfr from Ingram Trust to Choir - Endowment breached £1k|||||||| |income requirement|1.04|-||Per Ingram trust||Choir|Res| |KB Tidy up|-|190.8||To General to close - KB Tidy up||Bell|Des| |KB Tidy up|190.8|-||Per Bells - KB Tidy up||General|Unr| |||||To General - Historic restricted fund pre 2012 assumed all|||| |Tfr Maintenance - General - KB Tidy up|-|23,738.00||maintenance debited from General||Maintain|Res| |Tfr Maintenance - General - KB Tidy up|23,738.00|-||Per Maintenance fund||General|Unr| |Tfr Restoration to General - Historic fund not used since|||||||| |2014 - project finished|-|1,816.20||Tfr to General - KB Tidy|up|Restorate|Res| |Tfr Restoration to General - Historic fund not used since|||||||| |2014 - project finished|1,816.20|-||Per Restoration - KB tidy up||General|Unr| |Tfr from Ingram to Choir - Endowment breached £1k|||||||| |income requirement|-|118.53||Trf to Choir fund||Ingram|End| |Tfr from Ingram to Choir - Endowment breached £1k|||||||| |income requirement|118.53|-||Per Ingram trust||Choir|Res| |Tfr from Family worker to General - trfd from Parish Hall|||||||| |des in 2018|-|5,483.75||To General Fund||FamilyWork|Res| |Tfr from Family worker to General - trfd from Parish Hall|||||||| |des in 2018|5,483.75|-||Per Family worker||General|Unr| _Page 25_ ## Fixed Assets a) Tangible Fixed Assets – The PCC does not have any Tangible Fixed Assets b) Fixed Asset Investments ||At 1 Jan
£|Additions
£|Disposals
£|Transfers
£|Change in
Market Value £|At 31 Dec
£| |---|---|---|---|---|---|---| |Unrestricted funds||||||| |Investments|64,114|0.00|0.00|0.00|(7,547)|56,567| |||||||| |Restricted funds|13,169|0.00|0.00|0.00|(1,550)|11,619| |Investments||||||| |||||||| |Total|77,284|0.00|0.00|0.00|(9,097)|68,186| CCLA 620341002S William King £11,619 [£13,169 202] CCLA 620341003S Bloxwich Foster 446/487 £53,141 [£60,231 2021] CCLA 620341001S Cresswell Investment £3,426 [£3,883 2021] ## **Liabilities** ## Liabilities due within one year ||2022
£|2021
£| |---|---|---| |LDBF Common Fund – All Saints|23,310|29,295| |LDBF Common Fund – St Thomas|4,266|4,325| |LDBF loan due < 1year|0.00|2,940| |Other creditors|1,610|5,960| |**Total**|**29,186**|**42,520**| ## Liabilities due after one year ||2022
£|2021
£| |---|---|---| |LDBF loan due 2 – 5years|0.00|12,785| |||| |**Total**|**0.00**|**12,785**| _Page 26_ ## **Summary of Assets by Fund 2022** ||**Unrestricted**|**Restricted**|**2022**|**2021**| |---|---|---|---|---| |**Unrestricted**||||| |General fund|22,396|—|22,396|16,096| |**Designated**||||| |Clergy Discretionary Spend|1,875|—|1,875|750| |Discipleship/Evangelism/Vocation|41,648|—|41,648|35,831| |Magazine|1,046|—|1,046|1,013| |Mission Resource|819|—|819|819| |Parish Hall|2,901|—|2,901|(807)| |Reserve 3 Months expenditure|5,988|—|5,988|5,988| |Reserve Fund|2,409|—|2,409|2,409| |Santas Gifts|7|—|7|—| |St Thomas Decoration Vicarage|37|—|37|37| |**Restricted**||||| |Altar Fronts|—|123|123|—| |Bibles|—|272|272|717| |Building Fund|—|15,598|15,598|14,285| |Building/Maintenance|—|185|185|128| |CUF Together Mental Health Grant|—|1,108|1,108|1,108| |Choir|—|2,065|2,065|2,140| |Clock Maintenance|—|14,912|14,912|10,289| |Decoration|—|64|64|724| |Disability Facilities Church Hall|—|696|696|696| |Family Work|—|3,172|3,172|3,267| |Heating Fund|—|11,773|11,773|65,627| |Holiday Club|—|168|168|118| |IDS Decoration Scheme|—|299|299|299| |IDS Decoration Scheme Lichfield|—|437|437|437| |Jump For Joy|—|253|253|253| |King Incumbent And Church Wardens Trust|—|13,716|13,716|14,921| |Places Of Warmth|—|2,608|2,608|—| |Platinum Jubilee|—|400|400|—| |Sound System|—|207|207|—| |St Thomas Craft Group|—|33|33|—| |**Total**|**79,126**|**68,089**|**147,227**|**177,018**| _Page 27_ ## **Summary of Assets by Fund 2021** ||**Unrestricted**|**Restricted**|**2021**|**2020**| |---|---|---|---|---| |**Unrestricted**||||| |General fund|15,802|—|15,802|(16,584)| |**Designated**||||| |Bell Repairs|—|—|—|190| |Building Fund|—|—|—|1,500| |Clergy Discretionary Spend|750|—|750|—| |Discipleship/Evangelism/Vocation|35,831|—|35,831|—| |Flower fund|—|—|—|(14)| |Magazine|1,013|—|1,013|870| |Mission Resource|819|—|819|841| |Organ|—|—|—|450| |Parish Hall|(807)|—|(807)|—| |Reserve 3 Months expenditure Holy Ascension|5,988|—|5,988|5,988| |Reserve Fund – St Thomas|2,409|—|2,409|2,409| |St Thomas Decoration Vicarage|37|—|37|37| |**Restricted**||||| |Bibles|—|717|717|717| |Building Fund HA|—|14,285|14,285|30,452| |Building/Maintenance|—|128|128|—| |CUF Together Mental Health Grant|—|1,108|1,108|1,108| |Choir|—|2,140|2,140|913| |Church Maintenance|—|—|—|22,877| |Clock Maintenance|—|10,289|10,289|2,390| |Decoration|—|724|724|724| |Disability Facilities Church Hall|—|696|696|696| |Family Worker - Growth|—|3,267|3,267|15,459| |Flower Fund|—|—|—|26| |Heating Fund|—|65,627|65,627|65,627| |Holiday Club|—|118|118|118| |IDS Decoration Scheme|—|299|299|4,121| |IDS Decoration Scheme Lichfield|—|437|437|437| |Ingram Trust|—|—|—|1| |Jump For Joy|—|253|253|253| |King Incumbent And Church Wardens Trust|—|14,921|14,921|1,417| |Parish Hall|—|(135)|(135)|—| |Restoration|—|—|—|1,816| |**Endowment**||||| |Foster 446 [Mary D Foster] Trust|—|—|—|16,861| |Foster 487 [Miss S D Foster] Trust|—|—|—|35,831| |Ingram Trust|—|—|—|1,225| |King Incumbent And Church Wardens Trust|—|—|—|11,521| |Trust 1490 E S Wilkes|—|—|—|3,082| |**Total**|**61,842**|**114,874**|**176,724**|**213,373**| _Page 28_ ## **SOFA – Receipts & Payments Comparatives** ## **[Previous Year 2021]** ## **Receipts and Payments Account 2021** ||**Unrestricted**
**Restricted**
**Endowment**
**Total 2021**
**Total 2020**| |---|---| |**Receipts and endowments from:**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other receipts
**Total receipts**
**Payments on:**
Raising funds
Payments on charitable activities
**Total payments**
**Net receipts / (payments) resources before transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Other recognised gains / losses**
Gains / losses on investment assets
Gains on revaluation, fixed assets, charity's own use
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**|50,165
11,172
—
61,337
56,560
42,965
—
—
42,965
40,543
155
—
—
155
358
1,758
353
—
2,112
3,046
148
—
—
148
—| ||**95,192**
**11,525**
**—**
**106,718**
**100,508**
342
250
—
592
650
86,974
31,816
—
118,791
131,378| ||**87,316**
**32,066**
**—**
**119,383**
**132,028**| ||**7,876**
**(20,540)**
**—**
**(12,664)**
**(31,519)**
49,140
12,477
—
61,618
4,088
(17,923)
(39,386)
(4,308)
(61,618)
(4,088)
260
—
—
260
—
26,801
13,169
(64,214)
(24,243)
1,251| ||**66,155**
**(34,280)**
**(68,523)**
**(36,648)**
**(30,268)**| ||**(4,311)**
**149,161**
**68,523**
**213,373**
**243,641**| ||**61,843**
**114,881**
**—**
**176,724**
**213,373**| _Page 29_