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2023-12-31-accounts

PAGE E

REVIEW OF CHURCH ACTIVITIES IN 2023 (with updates to 15th March, 2024)

The Annual Report for 2023 includes the whole of that calendar year and activities up to 15[th] March, 2024 with the report being approved by the PCC on 8[th] April, 2024 and is being presented to the Annual Parochial Church Meeting (APCM) today.

CHURCH SCHOOLS:

As part of our on-going commitment to our Church Schools, we continued to purchase sufficient bibles to enable each child in year three, at both Howick and Cop Lane Schools , to have their own copy to use for the remaining four years at their primary school and then to take with them when they move onto secondary education. Presentation of bibles to each school took place during the Autumn term. This continues to be very much appreciated by pupils, their parents and staff alike.

At Howick Primary school , there had been unanimous approval for the change of status from a community school to a voluntary aided status. In effect, very little changed as the school and has been in effect operating as church school for some time. Some funding changes with the Diocese supporting more but the main effect is that Foundation (church) Governors on the Governing Board now have a majority membership over all other governor’s status. Cop Lane school has been a voluntary aided school for some time.

A Statutory Inspection of Anglican & Methodists Schools (SIAMS) took place at Howick in 2023 was undertaken under the new format in which schools are no longer judged with gradings such as “Outstanding;” “Good;” “Requires Improvement”. Instead, inspectors now make one of two judgements only. The school was assessed with the better of the two gradings namely: -

“The Inspection findings indicate that the school is living up to its foundation as a Church school and is enabling pupils and adults to flourish”

The PCC passed a resolution unanimously that “congratulations should be recorded to the Headteacher, staff and pupils as well as the Governors on an excellent result” and this was conveyed to the Headteacher.

At Cop Lane Primary School they had achieved a number of quality marks for excellence including the Bishops Silver Award. Pupils form the Juniors that is Years 3- 6 have continued to visit church termly for a short “Ministry of The Word” service which had gone very well with both staff and pupils.

AS part of the community award, the school initiated a project between the school and the church parishioners whereby some parishioners knitted eight-inch squares. In January, 2024, a few ladies from the parish who had knitted the squares, together with Jill Howe (a churchwarden and former teacher at Cop Lane) took all the knitted squares up to school where some of Year 6 pupils were given instructions and assistance in sewing up these squares making three blankets. In February this year the Manager of the Foxton Centre in Preston, where homeless persons reside, attended school and in accepting the blankets explained what the Charity does to support the homeless in Preston.

PAGE F

VOLUNTEERS:

The Church Regulations require that any “ substantial voluntary help” must be recorded in their Annual Report. There is a small group of active parishioners who give of their services in financial management, general maintenance and administration. The Parish is very fortunate to have such people who are prepared to continue to give so much of their time and talents for the benefit of the Parish. Our Vicar continues to say this publicly on all occasions. We are required by the Church Regulations to state if any member of the PCC has received any payment for their services during the course of the year. We report that David and Rachel Tuke are members of the bellringing team and their fees are in accordance with those approved by the PCC. Our organist Rhoda Martin is also paid in accordance with the approved RSCM rates for weddings, funerals and the 10.15am service on Sundays.

We do not have an appointed verger but when a wedding or funeral takes place, the Vicar asks if one of the churchwardens could act as a verger. David Thornton and Jill Howe (Churchwardens) perform these duties but only infrequently and are paid the statutory fee in each case. This is not really defined as “substantial voluntary help” because only a small fee is paid but with the other substantial voluntary work each undertakes, it was felt this should be recorded in this report to demonstrate transparency.

PARISH SHARE

Parish Share is a national scheme with each Diocese raising funds so they are able to pay the Vicar’s stipend and provide other diocesans services. Dioceses’ use different formulas and the Blackburn one means that St Mary’s were required to ‘donate’ in 2023 the sum of £77,000. In every year previously we have been able to pay in full the Parish Share.

The Standing Committee (consisting of the Vicar, the three churchwardens, the treasurer and one lay member of the PCC) discussed the 2023 Parish Share amount. The treasurer indicated that in 2023 we would not be able to balance the books particularly as the Quinquennial Inspection had identified that £55,000 worth of repairs would have to be spent to keep our Grade 2* building safe and secure. We had insufficient reserves to be able to pay the full Parish Share. The matter was discussed at the next full PCC meeting and the Council unanimously voted in favour of a resolution that we could only afford to pay the Vicar Stipend. This resolution was sent to the Diocese.

After some considerable time, the Vicar, Churchwardens and our treasurer were able to meet face to face with the Archdeacon of Blackburn, the Diocesan Finance Officer and the Chairman of the Diocesan Board of Finance (DBF). We were able to put our case providing figures and evidence to support our application. The Diocesan representatives then retired and, on their return, they put the following compromise solution. “ For the next two years our Parish Share would be reduced to £62,000 (a reduction of £15,000) that is £30K support by the DBF over the 2 years. In addition. if our revised Parish Share was met for 3yrs, the arrears would be written off depending upon the amount of reserves held”.

Subsequently the Standing Committee met and recommended acceptance by the full PCC which was unanimously approved and this is reflected in our accounts for 2023.

PARISH FINANCES :

The Statement of Financial Practice (SOFP) 2015 and the subsequent changes to the Church Accounting Practices dictate how our accounts have to be prepared.

David Tuke is our treasurer, who has financial skills and he has prepared the accounts using specifically designed computer software for church accounting procedures and we have been able to show a true comparison with activity in 2022 alongside 2023.

PAGE G

The accounts, balance sheet and notes to the accounts forming part of the annual report are shown on pages 1 -10 including the Independent Examiners certificate giving us a clear bill of health (see page 11). These will be explained by our treasurer with a PowerPoint presentation at our Annual Parochial Church Meeting (APCM) scheduled to take place in church about 11.30am on Sunday 28[th] April, 2023 after the 10.15am service.

The Church Regulations state that both the Annual Report and Accounts have to be approved by the PCC as they are the Trustees and this was done on 8[TH] April, 2024. They are later presented at the APCM with a treasurer’s power-point presentation for those present to receive and note. Details are then forwarded electronically to both the Church of England Statistics Branch and the Diocese before the deadline date.

ECUMENICAL MATTERS:

All eight churches in Penwortham form the Ecumenical Group known as “ Churches Together in Penwortham ”: – two are Church of England (St. Leonard’s and ourselves), two are Methodist, two are Roman Catholic, one is the United Reform Church and the eighth is a free church which meets in Whitefield Road Primary School. Each church reports events to South Ribble Borough Council’s (SRBC’s) Community Liaison Officer, the various events and services which happen during Advent and over Christmas who then produce and distribute a leaflet highlighting all these events in Penwortham.

Member of our church are on the “Churches Together in Penwortham”and take an active role on this Group with our Rachel Tuke being the Deputy moderator and Sue Vendy being the treasurer. The group also arrange collections of food supplies from the various churches in Penwortham to stock up the town’s Foodbank where goods are distributed every Friday. Similarly, both Penwortham Live 23 in May and Penwortham Gala in June, 2023 took place with active involvement of St Mary’s at each event. These events will again take place in 2024.

To mark the King Charles III Coronation , the parish displayed an exhibition of more than 250 creatively decorated tops of weather vanes. Three animal templates made out of wood were distributed to both church primary schools as well as parishioners. The project was named “Coronation Conservation” with each animal attached to the top of a wooden poll by a single pin to become a weather vane.

The church was open leading up to the Coronation weekend at the beginning of May when members of the public came to see this spectacular exhibition. The exhibition remained in situ until the Penwortham Live Music Festival 2023 which took place some two weeks later- the culmination of which was the parish hosting a “Vicars Tea Party” on the Saturday to which the community of Penwortham were invited. The whole event created both public and local press interest. We thank David Ryan, both Church schools and parishioners who took part as well as all those who helped in any way.

In December, 2022 the North West Air Ambulance (NWAS) held, in our Church, their Christmas Fayre and Carol Concert. They were very impressed with the facilities and the support from the church officials. It was open to the public at large and the church was packed. Some of the money raised was donated to the parish. Such was the success of this event, NWAS were eager to hold a similar event in December 2023 with even more stalls. Again, it was a rousing success and NWAS had now decided to make this an annual event in our church. The bonus was that a donation to church funds was made.

All these events raised the church profile and enhanced the links between the church schools, the Penwortham community and the public at large and the church.

PAGE H

CHILDREN / VULNERABLE ADULT PROTECTION & SAFE FROM HARM POLICY:

Gareth Allen, our Parish Safeguarding Officer updated our Policies and Appendices which were presented and reaffirmed by the PCC in July 2023. These documents continue to be displayed in Church and on our Church website. The forms in the appendices continue to be valid and there was also no change needed to the Vulnerable Adult Policy.

The Disclosure & Barring Service (DBS) has become much more rigorous as the Churches Child Protection Advisory Service (CCPAS), now called “Thirtyoneeight”, have had to comply with the latest changes to the Data Protection Policy. This is now giving greater security to our applicants moving forward as the information provided is highly sensitive.

The Church of England issued new instructions on what information about safeguarding had to be clearly displayed in church as well as on our church website. We can report that we are totally compliant.

We continue to be committed to providing a safe environment for all children and vulnerable adults. We are now at level 1 on the safeguarding hub and we will be looking at progressing to further levels by completing additional activities on the safeguarding hub home page.

THE CHURCH BUILDING:

QUINQUENNIAL (every 5 years) INSPECTION:

Every five years a full report (quinquennial report) on the condition and fabric of our Grade II* listed church has to be carried out by a diocesan approved qualified architect who for us is Stephen Fish. The Inspection report was received in 2023 and the cost of remedial work required to be undertaken was £55K.

THE 1956 ANNEX AT THE NORTH WEST PART OF THE CHURCH:

The money from the sale of Glebe land in 2017, upon which our former Church Hall on Cop Lane stood, was ring fenced to provide additional accommodation for community and church use. Considerable discussions and advice were sought as what kind of building we would want but just before COVID we were actively pursuing knocking down the 1956 extension and constructing a new purpose built two storey structure. This would have incorporated on the upper level (same level as the nave) a fitted kitchen, disabled toilets and a meeting room large enough for some 15 people to meet . On the lower level, where the current boilers are situated, there would have been storage, the parish office and a room large enough to accommodate 30 pupils and two members of staff where children from either Cop Lane and Howick Schools could spend a full day covering various aspects of the school syllabus relating to the church building and churchyard.

However, with COVID everything came to a halt and in 2022 we started to have costings done but with the considerable increase in building costs and materials, we quickly realized that we couldn’t afford to fund this, so we asked the architect to come up with plans which would enable us still to have all the facilities. The plan was to retain the 1956 extension and remodel the upper floor and to extend outwards on the lower level so we could have a classroom size room as well as storage facilities and a Parish Office. Stairs would link the two levels and following consultation with parishioners, a lift was put on the plan to make it more disabled friendly.

The PCC agreed to this plan and the architect started to make all the arrangements including various surveys and consultation with pressure groups which the planning regulations require. It is hoped that we can put the plans out to tender in the near future after they had been approved by both South Ribble Borough Council and the Diocesan Advisory Committee.

PAGE I

CHURCH INSURANCE (ECCLESIASTICAL) VISIT & REPORT:

In 2023 we were informed of this visit by our insurance company and the Churchwardens and Vicar met with their representative. They looked at all aspects of security and procedures as well as Health & Safety issues. One month later we received the assessor’s written report which on the whole was very positive. There were a number of matters which needed to be addressed. These have now been dealt with and the insurance company has been informed and are now satisfied.

THE LONG-TERM EFFECT OF COVID ON THE RUNNING OF THE CHURCH

Our monthly Parish Magazine, from the April 2020 edition onwards, has been compiled as usual but not printed as volunteer distributors to the 300 plus households and other premises in Penwortham were not allowed under COVID restrictions. However, the magazine continues to be put on our church website and circulated by email to all 105 households who had authorised church matters to be sent by this method. Hard copies on each publication are left at the back of church as are copies of this Annual Report. This was the first occasion in over 150 years that the Church Magazine has not been printed and delivered by hand.

There was a nucleus of about eight or nine members of the congregation one or two of whom enhanced the Sunday service with their musical contribution particularly during and after the administration of the sacraments. Without the support of our organist Rhoda Martin this would not have happened. The group known as the St Mary’s Singers have continued to thrive and now many of the congregational responses are now sung with the congregation now taking a more active part.

COVID restrictions were gradually eased in 2022 with many of the legal requirements changed to advisory including the wearing of masks, the provision of hand sanitisers, social distancing and track and trace. This included the taking of the sacraments. The issue of not taking/being offered the wine element at Holy Communion was reviewed throughout the year. From Easter Sunday in 2023 both elements of bread and wine were offered but there was no requirement to take the wine element if people were still concerned. The Vicar makes this clear adding that by taking the bread only, they were fulfilling the requirement of taking the sacrament.

Almost every parishioner involved in the young people’s ministry continued to show reluctance to return to the youth work they were doing pre COVID.

THE CHURCH GROUNDS SURROUNDING THE CHURCH ITSELF

– (covering the church yard and Castle Hill [the site of an ancient Monument].)

THE CHURCHYARD (covering all three graveyards and Crow Wood)

The maintenance of the churchyard is the responsibility of the South Ribble Borough Council (SRBC) as we are a ‘Closed Churchyard’ and subject of ‘an order of the Privy Council’ back in the year 2000 which has been documented in most of the previous annual reports over the last 19 years. Therefore, only what has happened during the last year will now be included.

Mention has been made previously of the embankment on the eastern side of the front graveyard running from the Lynchgate to just past the end of the chancel. This embankment was examined and thought to be unstable and with a number of old graves near the edge of the embankment in the graveyard, they were liable to be exposed or slide down the embankment. It was necessary that South Ribble Borough Council should take remedial action as it is legally their responsibility to maintain everything in the three graveyards around the church.

South Ribble had to obtain a faculty (approval to carry out the work) from the Diocesan Advisory Committee (DAC) which would include estimates for the work to be completed and a plan for the work to be undertaken which would possibly involve in re-interring the old graves until the work was completed. This work was delayed by COVID and when estimates were obtained by SRBC the costs were far more expensive and had not budgeted such a large amount in the financial year 22/23 so the revised estimates were included in the 23/24 financial year. The faculty has been approved by the PCC and the application is with the DAC now for formal approval.

PAGE J

THE FUTURE:

The COVID pandemic may well be over for most of us but the ongoing effects have hit the church with delays and these have been exacerbated with the energy crisis and the considerable rise in building costs.

The Revd Chris Nelson – Vicar & PCC Chair

David Thornton - PCC Secretary

DJT/PCCSec/04.24

Page 1

PAROCHIAL CHURCH COUNCIL OF ST. MARY’S PENWORTHAM

STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31[st] December 2023

YEAR ENDED 31st December 2023
Unrestricted
Funds		 Designated
Funds		 Restricted
Funds		 Endowment
Funds		 Total
2023		 Total
2022
Note £ £ £ £
Incoming Resources
From Donors 2(a) 68,047 0 0 - 68,047 48,072
Other Voluntary 2(b) 1,875 0 330 - 2,205 19,507
Actvites:-
to further the Councils Objects 2(c) 7,827 0 240 - 8,067 10,044
togenerate Funds 2(d) 1,818 0 0 - 1,818 2,493
From Investments 2(e) 370 21,241 0 - 21,610 8,618
Other 2(f) 91,243 0 0 - 91,243 5,672
Total Incoming Resources 171,180 21,241 570 - 192,991 94,406
Resources Expended
Grants 3(a) 966 0 0 - 966 763
Actvites directly relatng to the
work of the church		 3(b) 93,286 0 169 - 93,455 76,150
Church Management and Admin 3(c) 3,362 0 0 - 3,362 907
Cost of GeneratngFunds 3(d) 178 0 0 - 178 231
Support Costs 3(e) 84 0 0 - 84 84
Other Resources Expended 3(f) 432 0 0 - 432 3,884
Total Resources Expended 98,308 0 169 - 98,477 82,017
Net Incoming (Outgoing)
Resources before Transfers		 72,872 21,241 401 - 94,514 12,389
Transfers Between Funds 9(a)
Transfers Between Funds in 0 0 0 - 0 0
Transfers Between Funds out 0 0 0 - 0 0
Net Incoming (Outgoing)
Resources		 72,872 21,241 401 - 94,514 12,389
Gains/(losses) on Investment
Assets:-
Realised
Unrealised
Net Movement in Funds 72,872 21,241 401 - 94,514 12,389
Fund Balances B/F at 1 Jan 192,472 668,883 3,880 215 865,451 853,062
Fund Balances C/F at 31 Dec 265,344 690,124 4,281 215 959,965 865,451

Page2

PAROCHIAL CHURCH COUNCIL OF ST. MARY’S PENWORTHAM

BALANCE SHEET

YEAR ENDED 31[st] December 2023

2023 2022
NOTE £ £
FIXED ASSETS
Investment Assets 5(c) 215 215
House 5(b) 240,000 155,000
TOTAL FIXED ASSETS 240,215 155,215
CURRENT ASSETS
Stock 0 0
Debtors 7 0
Short Term deposits
Current Account 9,528 18,661
Deposit Account 26,774 29,837
Development Account 25 39
New BuildingAccount 683,991 662,750
Cash in Hand 100 100
Accounts Receivable 2,566 2,459
TOTAL CURRENT ASSETS 722,984 713,846
Liabilites(falling due within 1year) 8 3,235 3,611
NET CURRENT ASSETS 719,749 710,235
NET ASSETS 959,964 865,450
FUNDS 6
UNRESTRICTED 265,344 192,472
DESIGNATED 690,124 668,883
RESTRICTED 4,281 3,880
ENDOWMENT 215 215
TOTAL FUNDS 959,965 865,451

The statements of financial activities, and balance sheet, together with the independent examiner’s report, were presented and unanimously approved by the trustees of the Parochial Church Council on Monday 8[th] April, 2024

PAGE 3

NOTES TO THE FINANCIAL STAEMENTS

1. PENWORTHAM ST MARY’S PARISH ACCOUNTING POLICIES:

The financial statements have been prepared in accordance with the Church Accounting Regulations 1997 as amended by the Church Accounting (Amendment) Regulations 2001 together with applicable accounting Standards and the Charities Statement of Recommended Practice (SORP).

The finical statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value.

FUNDS:

Explanations of the various funds are shown on earlier pages of the Annual Reports and Statement of Accounts. The relevant pagers are marked P and Q. The amounts and details of each fund are show on Pages 1 and 2 which are the statutory accounting requirements. The funds are also explained in further detail in Note6 on page7 and Note 9 on pages 8 and 9.

The accounts 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 or those that are informal gatherings of Church members.

INCOMING RESOURCES:

Voluntary income and capital sources

Other income

Income from Investments

Gains and losses on Investments

Page 4

NOTES TO THE FINANCIAL STATEMENTS (cont’d)

RESOURCES USED:

These are summarised on page 1 and explained in detail, where necessary, in note 3 on page 6.

Grants

Activities directly relating to the work of the Church

FIXED ASSETS:

These are summarised on page 2 and explained in detail, where necessary, in Note 5a and Note 5b on page 7.

Consecrated property and moveable church furnishings

Other fixtures, fittings and office equipment

Investments

CURRENT ASSETS:

These are summarised on page 2 and explained in detail, where necessary in Note 7 on page 8.

Page 5

PAROCHIAL CHURCH COUNCIL OF ST. MARY’S PENWORTHAM

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31[st] December 2023

Unrestricted
Funds		 Designated
Funds		 Restricted
Funds		 Endowment
Funds		 Total
2023		 Total
2022
£ £ £ £ £ £
2 INCOMING RESOURCES
2(a) Incoming resources from donors
Plannedgiving:-
StewardshipEnvelopes 46,762 - - - 46,762 38,367
Income Tax recoverable 15,778 - - - 15,778 4,809
Collectons (Open Plate) all
services		 5,507 - - - 5,507 4,884
SundryDonatons - 0 - 0 12
68,047 0 0 0 68,047 48,072
2(b) Other voluntary incoming
resources
Donatons,appeals etc 1,430 - 330 - 1,760 18,507
Legacies 445 - - - 445 1,000
1,875 0 330 0 2,205 19,507
2(c) Income from operatng
actvites to further the
Council's objects
Magazines & Bookstall,etc sales 0 - - - 0 0
Fees - Weddings & Funerals 7,827 - 240 - 8,067 10,044
7,827 0 240 0 8,067 10,044
2(d) Income from operatng
actvites togenerate funds
Magazine Advertsing 0 - - - 0 0
Fetes, Bazaars & other fund
raisingevents		 731 - - - 731 605
Bookstall sales - sundryitems 0 - - - 0 166
Miscellaneous - - - - 0 0
Vat Refunds - - - - 0 0
Church Letng 1,088 - - - 1,088 1,723
1,818 0 0 0 1,818 2,493
2(e) Income from investments
Dividends 5 - - - 5 0
Bank Interest 365 21,241 - - 21,605 8,618
370 21,241 0 0 21,610 8,618
2(f) Other ordinary incoming
resources
Miscellaneous 351 - - - 351 45
Insurance Claims - - - 0
House Income 90,892 - - - 90,892 5,627
91,243 0 0 0 91,243 5,672
TOTAL
INCOMING
RESOURCES		 171,180 21,241 570 0 192,991 94,406

PAROCHIAL CHURCH COUNCIL OF ST. MARY’S PENWORTHAM NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31[st] December 2023

Unrestricted
Funds		 Designated
Funds		 Restricted
Funds		 Endowment
Funds		 Total
2023		 Total
2022
£ £ £ £ £ £
3 RESOURCES EXPENDED
3(a) Grants
Missionary & charitable
giving
Church overseas:- - - - - 0 0
Missionarysocietes 0 - - - 0 0
Relief & development
agencies		 0 - - - 0 0
Home missions & other
Church Societes		 12 - - - 12 12
Secular Charites 954 - - - 954 751
966 0 0 0 966 763
3(b) Actvites directly relatng
to the work of the church
Ministry:-
Parish Share 62,000 0 - - 62,000 40,000
Assigned Fees/DBF 0 - - - 0
Clergyexpenses 910 - - - 910 1,010
Locum 80 - - - 80
Vicarage repairs 0 - - - 0
Vicarage - other costs 3,653 - - - 3,653 4,071
Church runningexpenses 14,454 - - - 14,454 10,886
Church Maintenance 959 - - - 959 173
Church Equipment 3,075 - - 3,075 500
Upkeepof Services 1,722 - 169 - 1,891 1,575
Upkeepof churchyard 58 - - - 58 2,152
Parish Magazine &
bookstall		 0 - - - 0 227
Refurbishment of Church
Buildings		 2,899 - 2,899 10,654
Salaries, wages, fees -
organists		 3,326 - - - 3,326 4,172
Salaries, wages, fees - bell
ringers & choir		 150 - 0 - 150 730
Miscellaneous - - - - 0 0
93,286 0 169 0 93,455 76,150
3(c) Church management &
admin
Printng, statonery &
postage		 1,059 - - - 1,059 907
Miscellaneous 0 - - - 0 0
Parish Ofce:- 0
Equipment & ftngs 2,303 - - - 2,303 0
3,362 0 0 0 3,362 907
3(d) Costs ofgeneratng funds
Fetes, Bazaars & other
fund raisingevents		 178 - - - 178 231
Stewardship giving
envelopes		 0 - - - 0 0
Miscellaneous 0 - - - 0 0
178 0 0 0 178 231
3(e) Support Costs
Junior Church 0 - - - 0 0
Youth - - - - 0 0
Child Protecton - - - - 0 0
Miscellaneous - - - - 0 0
Bank Charges 84 - - - 84 84
84 0 0 0 84 84
3(f) Other Resources
Expended
House Expenses 432 - - - 432 3,884
432 0 0 0 432 3,884
TOTAL
RESOURCES
EXPENDED		 98,308 0 169 0 98,477 82,017

4 Staff Costs

Salaries, wages and fees

During the year the PCC employed: 2023 2022
£ £
a) For the whole year – organists 3,326 4,172

No payments were made for out of the pocket expenses to any PCC member, persons closely connected with them or any other related parties. During the year PCC member(s) David Thornton and Jill Howe received fees for acting as a verger at services. Rachel Tuke received fees for ringing at weddings.

5 FIXED ASSETS FOR USE BY THE PCC

Tangible fixed assets:

b) Central Board of Finance Shares £215

6 ANALYSYS OF NET ASSETS BY FUND

Investment Fixed Assets
Current Assets
Current Liabilites		 Unrestricted
Funds
Designated
Funds
Restricted
Funds
Endowment
Funds
Total 2023
£
£
£
£
£
240,000
-
-
215
240,215
28,578
690,124
4,281
-
722,984
-3,234
-
-
-
-3,234
265,344
690,124
4,281
215
959,965

Page 8

PAROCHIAL CHURCH COUNCIL OF ST. MARY’S PENWORTHAM

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31[st] December 2023

7
Debtors
Debtors
Income Tax Recoverable on Gif Aid
Debtors for Goods & Services
Prepayment and accrued income
Other Debtors
8
Liabilites – amounts falling due within one year
Liabilites - Accounts falling due within one year
Deferred income
Creditors for Utlity and other costs
Accruals of utlity and other costs		 2023
2022
£
£
0
0
0
0
2,566
2,459
-
-
2,566
2,459
2023
2022
£
£
3,234
1,756
-
-
1,855
3,234
3,611

9 Fund Details

UNRESTRICTED FUNDS

Unrestricted funds totalling £265,344.26 are the unspent balance available for future use.

DESIGNATED FUNDS

Designated funds totalling£690,123.92comprise:-
i)
Unrestricted Legacies notfed/received for proposed future spending on
the general refurbishment of the church buildings including the hall
ii)
Provision out of unrestricted funds towards proposed future spending on
the replacement Parish Ofce equipment
iii)
Funds for upkeep of Church buildings and new extension
RESTRICTED FUNDS
Restricted funds totalling£4,281.45comprise:-
Singleton Memorial Estate and other funds
Pastoral Care Team
Sundry amounts in respect of Easter Lilies, fowers, Memorial Garden, Bell
ropes, Disabled facilites, Church linen, Choir and Fox Street community
Younity
Charitable donaton
Church yard maintenance		 £
4,729
1,404
683,991
690,124
£
2,245
519
1,041
157
225
95
4,281

Page 9

PAROCHIAL CHURCH COUNCIL OF ST. MARY’S PENWORTHAM

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31[st] December 2023

ENDOWMENT FUND

The Endowment Fund of £215 is a permanent endowment of 132 Central Board of Finance shares and requires the income to be spent on the Chancel.

TRANSFER BETWEEN FUNDS

Designated to General Funds £0

Restricted to General Funds £0

10 CERTAIN INDIVIDUAL ACCOUNT PERFORMANCES

£

Magazine and Bookstall income exceeded costs by 0

11 QUINQUENNIAL INSPECTION

The last quinquennial report on the Church was in 2023.

INDEPENDENT EXAMINER’S REPORT TO THE PCC OF PENWORTHAM ST MARY’S PARISH CHURCH.

This report on the accounts of the PCC for the year ended 31[st] December, 2023, which are set out on pages 1 and 2, is in respect of an examination carried out under Regulation 3(3) of the Church Accounting Regulations, 1997 to 2001 (‘the regulations’) and Section 43 of the Charities Act 1993 (‘the Act’).

Respectve responsibilites of the PCC and the examiner

As members of the PCC, you are responsible for the preparation of the accounts; you consider that the audit requirement of Regulation 3(3) and Section 43(2) of the Act do not apply. It is my responsibility to issue this report on those accounts in accordance with the terms of Regulation 25.

Basis of this report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners under Section 43(7)(b) of the Act and to be found in the Church guidance, 2001 edition, issued by the Finance Division of the Archbishops’ Council. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the views given by the accounts.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

Susan Walsh 2024

3[rd] April,

Mrs Susan Walsh 79, Greencroft, Penwortham,

Preston PRI 9LB