The Parochial Church Council of the Ecclesiastical Parish of Studley St John is a registered charity, number 1160751. Authorised and regulated by the Charity Commission for England & Wales. ANNUAL REPORT & ACCOUNTS OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31[st] DECEMBER 2023 ## Administrative information The parish church of St. John the Evangelist, Upper Studley, address: Church Lane, Trowbridge, Wiltshire BA14 0EH. The parish is part of the Diocese of Salisbury within the Church of England. St. John’s Parochial Church Council (PCC) is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006) and a registered charity, number 1160751. Membership Members of the PCC are elected by the Annual Parochial Church Meeting (APCM), appointed ex-officio, or co-opted. The following have served as members since APCM 2023. ## **Clergy** Reverend Alastair Wood (Vicar & Chair of PCC) Until 8 May 2024 Vacant – From 9 May 2024 **Churchwardens** Heather Thompson Wendy Thorne (Deanery Synod) ## **Elected Members** Mike Bridges (LLM) Brenda Bridges (Treasurer) Chris Solman Vanessa Rose Dawn Sawyer (Deanery Synod) Denise Collinson (Deanery Synod) Tony Thorne ## Structure, governance and management. The method of appointment of PCC members is set out in the Church Representation Rules. All church attendees are encouraged to register on the electoral roll and stand for election to the PCC. The PCC operates a standing committee and hall management committee. The PCC is also responsible for the associated surroundings in the churchyard though not, formally, it’s maintenance. ## Objectives and Activities The PCC is committed to enabling as many people as possible to worship at St John’s and to become part of our parish community. It maintains an overview of worship throughout the parish. ## Fabric issues The PCC is responsible for maintaining the fabric of the Church. Our main concern at present is the leaking Vestry roof. We have a quinquennial survey due in July, hopefully this will not highlight any more issues. Page 1 ¥•¥J Page 2 ## **The Parochial Church Council (PCC)** of the **Ecclesiastical Parish of Studley: St John the Evangelist** Registered Charity number 1160751 ## **Financial Statements for the year ended 31st December 2023** ## **RECEIPTS & PAYMENTS ACCOUNT** **----- Start of picture text -----**
Note 1a Notes Unrestricted Funds Restricted Endowment Total Total
General Designated Funds Funds 2023 2022
Receipts Note 1b,4 £ £ £ £ £ £
Receipts from donors
Planned Giving 27,926.01 0.00 0.00 0.00 27,926.01 33,420.90
Collections 1,663.97 0.00 0.00 0.00 1,663.97 710.67
Income tax recovered 8,597.37 0.00 0.00 0.00 8,597.37 8,429.90
Note 6a 38,187.35 0.00 0.00 0.00 38,187.35 42,561.47
Other voluntary receipts Note 6b 2,504.87 0.00 702.92 315.00 3,522.79 9,683.93
Activities for generating funds Note 6c 2,869.54 8,846.83 0.00 0.00 11,716.37 10,799.30
Receipts from church activities Note 6d 5,965.37 0.00 0.00 0.00 5,965.37 3,748.37
Investment income Note 6e 1,360.46 0.00 0.00 1,515.06 2,875.52 888.59
Total Receipts 50,887.59 8,846.83 702.92 1,830.06 62,267.40 67,681.66
Payments
Church Activities
Diocesan Share & Fees Note 1a 21,574.00 0.00 0.00 0.00 21,574.00 58,659.34
Church operating costs Note 1b 11,328.24 0.00 0.00 0.00 11,328.24 13,992.45
Charitable giving Note 3, 1c 0.00 0.00 1,454.66 0.00 1,454.66 533.11
Governance costs 431.36 0.00 0.00 0.00 431.36 527.11
Loan Repayment 0.00 0.00 0.00 0.00 - -
Costs of generating funds 1,030.28 13,617.63 0.00 0.00 14,647.91 17,894.08
Major works & fabric repairs 0.00 0.00 0.00 2,139.87 2,139.87 18,352.30
Total Payments 34,363.88 13,617.63 1,454.66 2,139.87 51,576.04 109,958.39
Excess (Deficit) of Receipts over Payments 16,523.71 -4,770.80 -751.74 -309.81 10,691.36 -1,150.18
Transfers between funds Note 5 0.00 0.00 0.00 0.00 0.00 0.00
Net of Receipts/Payments after transfers 16,523.71 -4,770.80 -751.74 -309.81 10,691.36 -1,150.18
Bank accounts & cash at 1st January 4,518.91 40,209.79 982.92 688.01 46,418.63 47,549.81
Bank accounts & cash at 31st December 21,042.62 35,438.99 231.18 378.20 57,109.99 46,399.63
STATEMENT OF ASSETS & LIABILITIES
Cash Funds
Bank current & deposit accounts 21,042.62 35,438.99 231.18 378.20 57,109.99 47,549.81
Other Monetary Assets
Debtors - 0.00 - 0.00 - -
Income tax recoverable 6,266.41 0.00 - 0.00 6,266.41 6,266.41
6,266.41 0.00 - 0.00 6,266.41 6,266.41
Investment Assets
Funds/shares at market value 16,577.82 0.00 - 14,693.44 31,271.26 28,582.15
Assets retained for charity use
Stock - 250.00 - 0.00 250.00 250.00
Office Equipment/Machinery - 1,443.55 - 0.00 1,443.55 1,519.53
Lawn Mower 342.05 0.00 - 0.00 342.05 360.05
Chalices 2,477.49 0.00 - 0.00 2,477.49 2,607.88
2,819.53 1,693.55 - 0.00 4,513.09 4,737.46
Liabilities - 0.00 - 0.00 - -
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The attached **Notes** and Independent Examiner's **certificate** form part of these financial statements Prepared by; V Rose **Examiner Date: 1st May 2024** Audited by: A & N Accountancy Services Limited - 17th May 2024 Page 3 **The Parochial Church Council (PCC) of the Ecclesiastical Parish of Studley: St John the Evangelist** Registered Charity number 1160751 ## **Notes to the Accounts for the year ended 31st December 2023** **----- Start of picture text -----**
Note
Receipts & Payments analysis
1.
The Church Receipts £ The Church Payments £
a. Receipts from donors Church Activities
Planned giving 27,926.01 Diocesan Share 20,495.00
Collections 1,663.97 -
Income tax recovered 8,597.37 -
38,187.35 20,495.00
b. Other voluntary receipts Church operating costs
Legacies - Administration 607.60
Donations 1,144.21 Clergy expenses 1,323.61
Donations [Flowers] - Printing excl Mag. 1,006.58
Friends of St John's 315.00 Heating. lighting 1,329.22
Gift Day - Insurance 3,154.94
Governance, misc. other costs 1,525.27
2,819.87 11,759.60
c. Charitable Giving - for details see No 702.92 Charitable Giving 1,454.66
d. Activities for generating funds Costs of generating funds
Parish magazine - sales an - Magazine Printing -
Ride4 Event - Summer fete & Autumn bazaar -
100 Club 1,757.37 100 Club 910.00
Bookshop 69.85 Bookshop 50.81
Fairtrade 51.35 Fairtrade 69.47
Coffee (Sunday) 990.97 Chat Café -
2,869.54 1,030.28
e. Receipts from Church Activities
Church events & outings in 4,060.37 Church events & outings -
Fees paid to the PCC 1,905.00 Fees payable to Diocese (DBF) 1,079.00
-
5,965.37 1,079.00
f. Receipts from Investments Capital works & maintenance
Bank and CBF Deposit Fun 1,360.46 Major works -
Dividends on CBF Investme 1,515.06 Fabric maintenance & repair 2,139.87
2,875.52 2,139.87
g. Church Hall - Receipts £ Church Hall - Payments £
Hirings 4,820.55 Utilities - electricity, water, refuse 944.68
Other income 4,026.28 Maintenance, repairs, improvements 8,010.67
Deposit interest - Miscellaneous 4,662.28
Hall Receipts - Total 8,846.83 Hall Payments - Total 13,617.63
h. The Print Centre - Receipts £ The Print Centre - Payments £
Income from magazines Stock purchases
Other printing Operating costs
Other income Other costs
Loan Governance costs
Sale of Cards & Notelets Charitable giving
Income tax recovered Loan repayment
Print Centre Receipts - To - Print Centre Payments - Total -
PCC Receipts - Total 62,267.40 PCC Payments - Total 51,576.04
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Page 4 **The Parochial Church Council (PCC) of the Ecclesiastical Parish of Studley: St John the Evangelist** Registerd Charity number 1160751 ## **Notes to the Accounts for the year ended 31st December 2023** **----- Start of picture text -----**
||||||||| |---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total| |£|£|£| |Carried forward from 2011 accounts|0.00|0.00|0.00| |0.00| |0.00| |0.00| |Total amendment required| |Amended c/fwd figures|0.00|0.00|0.00| |Note|Opening| |2.|Designated Funds: responsibilty of the PCC|balance|Receipts|Payments|Transfers in (out)|Closing balance| |Church|£|£|£|£|£| |Hunt Legacy, to fabric|- - -| |Hunt Legacy, to hall refurbishment|- - -| |Weston Legacy|1,250.00|-|1,250.00| |O'Doherty legacy, fabric|4,072.47|- - - 4,072.47| |Ruby Mould legacy, disbursement pending|10,000.00|- - - 10,000.00| |Richard Cole bequest, disbursement pending|1,125.00|- - - 1,125.00| |imo Anne Tye (disbursement pending)|1,000.00|- - - 1,000.00| |Mike Bailey legacy|2,000.00|- - - 2,000.00| |Bob Maltby bequest|5,000.00|- - - 5,000.00| |Church sub total|34,349.06|- -|[ - ]|34,349.06| |Church Hall|5,860.73 8,846.83 13,617.63|1,089.93| |PCC Total|-| |40,209.79 8,846.83 13,617.63|35,438.99| |Note|Opening| |3.|Restricted Funds: responsibilty of the PCC|balance|Receipts|Payments|Transfers in (out)|Closing balance| |£|£|£|£|£| |Charitable Giving:| |Charity Draw: MAF|- - - - -| |Charity Draw: Hope Centre|- - - - -| |Charity Draw: takings/operating costs|-|-|-| |Annual Charity Draw|487.00|- -|487.00| |MAF and Hope Centre|-225.80|-|-|-|-225.80| |Childrens Society - Christingle|211.92 114.74 326.66|-|-0.00| |Wiltshire Air Ambulance|-|-| |Dorothy House|-|-| |Other collections, etc|- 78.00 78.00|0.00| |-|-|-|-|-| |-|-|-|-|-| |Charitable Giving Total|473.12 192.74 404.66|- 261.20| |Organ fund, concert pending|509.80|- - - 509.80| |Hope Fund|0.00|510.18 1,050.00|-|-539.82| |Restricted Funds total|982.92 702.92 1,454.66|- 231.18| |983|702.92|1,454.66|- 231| |Note|Permanent Endowment Funds:|Opening| |4.|(only the income is due to the PCC)|balance|Receipts|Payments|Transfers in (out)|Closing balance| |£|£|£|£|£| |Fabric maintenance (Cutler)|-6,356.81|549.59 2,139.87|-7,947.09| |LPoW Scheme VAT refund|6,356.81|315.00|6,671.81| |Fabric total|- 864.59 2,139.87|-|-1,275.28| |Churchyard maintenance (Barnes)|688.01 965.47|- - 1,653.48| |688|688.01|1,830.06 2,139.87|1,830|2,140|-|378.20|378.20| |Note| |Transfers between Funds|Fund|Fund|Fund|Funds|Total 2022| |5| |£|£|£|£|£| |Ride & Stride 2021|- -|-|0.00| |PCC to Hall: Warm Air Grant|0.00|0.00|- -|0.00| |Charity Draw|- - -|0.00| |Hope Fund|- - -|0.00| |Fabric top up required|- -|0.00| |0.00|0.00|0.00|0.00|0.00| **----- End of picture text -----**
**Note6 Basis of preparation** . a. **Basis of accounting.** The Accounts are prepared in accordance with the Charities Act 2011 on a **Receipts & Payments** basis. b. **Funds.** Trustees are free to use unrestricted funds to further the charity’s objects. Unrestricted funds include designated funds, where the trustees may c. **[Changes to previous year's accounts:]** None. Page 5 lTh May2024 The Paffj¢hial Church Council pcc ofthe Eccleslastical Parish of Studle Weareableto confiimth*wehavelndependenttye￿MlnedIhe records pmrydedto us relatingtothe above. In connectionwith our wmination, no motterh5cometoourattention'. I Whith gvesu5oiiseto believethat in anymaterial 125pett the ￿qUirements.. to keepaccountingrecoids in8ccordantrwithsection 130olthe 2011Act,' and to piep8reaccountswhich accord With theBccountingiecoids8nd complywiththe accountingreqtsirements ofthe 2011Att Have notbeen met., 01 2 To which inouropinion, attention should be d￿wn In order to enablea proper undèrstandlngof theaccountsto be reached H￿eVerWe have Identified thefol10wingdiffe￿llces'. There 153 difference DIE 59.13 betweenthe bWkfwu￿ and The finantia1sEatementsshowthe ban13ccountslca5has L) at3ty1212022of£47549.81, brttheopenlngbalan¢e8t oty01120￿ shows3 figureof£46418.63-$0 adlfference ol .SiDJS Qrtv ￿ 2uz2 £1131.18-whichweonnot identify cw 0¥1￿ IqsK•. The Valu￿shOw￿ fortheindTridual funds shown asat3111¥2023 drffeiftomthetotal shown a50tt￿tdate by£19.00. ThE iressurei h85indicatedthatthis rdalesto a broughtforbvarddrfFeren thedifferenc& highlighted3bove, re13teto issuescaused he CoMpl￿ty0*the readsheetsas opposedto anyfinancial impmprietie& Signed.. IilIlioL¥ A& N Accounttnqservic￿Lld tstFloor WesEernWay Melk5h3m Wilts SN128BY Page 6