2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Mottram In Longdendale

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Accounts 2022 (and general comments)

The accounts for the financial year 2022 are attached for consideration and approval. Note that the church’s Financial Year is the Calendar Year.The accounts are to be checked by the Independent Examiner aand any comments/issues will be reported to the PCC.

2. Key points

Mission Giving was nil in 2022 (none since 2019).
The deficit (£1846) appears modest but the £25,000 donation by The Friends of MPC masks the true picture. Also, we received one-off legacies (£7,000) which reduced the deficit. If these amounts are taken out the deficit is in the region of £33,000.A large part of thisis the Parish Share arrears (£28,640). When the current account balance reached an all-time low of £4,100 in August an agreement to pay only a nominal amount each month (£50)had to be made with the diocese with a commitment to make further payments when finances allowed. No additional payments have been made. (The parish is still paying only £50 p.m. against a requirement to pay £5,410.22 and so the deficit is increasing each month by over £5,000).
Cash collections. This is a fairly small income source but worth noting that cash and the payments via the Card Reader are higher than cash only last year.(£3685:£2278).
Magdalene Centre did not cover its costs in 2022 and has been a financial liability rather than an asset over the past few years.
59 Market Street. Rent is £545 p.m. We pay £65.40 p.m. commission to the agent plus any routine maintenance costs. There was no rent in July and August (property empty) and we became liable for a small amount of electricity and Council Tax for two months.
Direct Giving (by the congregation fell again. Some of this is the aftermath of the closure during the COVID lockdown, but the downward trend over many years is significant– see chart. The congregation does not generate enough income to meet our commitments (in particular the Parish Share).Few people increase their regular giving.

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Direct Giving 2014-2022
£70,000
£60,000
£50,000
£40,000
£30,000
£20,000
£10,000
£0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
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Overall income (adjusted for legacies, gifts etc)Income fell again in 2022 – it has fallen significantly since the 2020 lockdown and hasn’t recovered.

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Income 2014-2022
adjusted for significant legacies/gifts
180000
160000
140000
120000
100000
80000
60000
40000
20000
0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
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Statutory fees. Now increasing. Note: the amounts we receive for weddings and funerals are not wholly income for the church; an element must be paid to Chester diocese.
Magazine. It is difficult to say precisely how much the magazine costs to produce as an element of the cost of the copier is attributable to magazine costs (paper, ink).
Additional information is given on the attached sheets.
Works funded by Friends of MPC and legacy of Rev Dr R L Hills: it is anticipated that the VAT charged on these works will be reclaimed from the Listed Places of Worship Scheme (to be made).

Juliet Edwards (Treasurer) Brian Seaborn (Assisting)

PARISH OF MOTTRAM IN LONGDENDALE
INCOME AND EXPENDITURE ACCOUNT
YEAR ENDED 31 DECEMBER 2022

INCOME			2022		2021
DIRECT GIVING	43910			48216
GIFT AID REFUND	9769			9960
GROSS BANK INTEREST	704			34
CCLA INTEREST	395			177
DONATIONS	1993			2405
FUND RAISING	2816			3356
GOODWILL DONATIONS	500			500
MAGAZINE INCOME	2120			177
STATUTORY FEES NET	8996			7980
MAGDALENE CENTRE INCOME	9682			6944
RENT RECEIVED ON PROPERTY	4985			5755
OTHER ITEMS	3604			1993
HISTORIC ENGLAND	0			9715
BELL RINGER DONATIONS	1565			1725
				0
TOTAL INCOME	91039			98937
LEGACIES	7000			225735
FRIENDS OF MOTTRAM PARISH CHURCH GIFT	25000			0
	123039			324672

EXPENDITURE
MISSION GIVING	0			0
PARISH SHARE	63031			59067
CHURCH RUNNING EXPENSES	7700			4703
VICARAGE EXPENSES	4288			4283
CHURCH REPAIRS AND MAINTENANCE	17912			25784
CURATE HOUSE EXPENSES	1937			490
CLERGY EXPENSES	375			0
MAGAZINE EXPENSES	434			0
CHURCH ADMINSTRATION	371			309
ASSISTANT STAFF COSTS	6626			4209
INSURANCE	6193			6562
UPKEEP OF SERVICES AND CHURCHYARD	401			70
PARISH TRAINING AND MISSION	865			739
MAGDALENE CENTRE EXPENDITURE	13125			11925
OTHER ITEMS	1113			2422
REAL LIVES	514			0
TOTAL EXPENDITURE	124885			120562

DEFICIT/SURPLUS FOR THE YEAR		-1846		204109

PARISH 0F MOTTRAM IN LONGDENDALE
BALANCE SHEET AS AT 31 DECEMBER 2022
			2022		2021

FIXED ASSET- CURATE'S HOUSE	114793			114793

CURRENT ASSETS
BANK DEPOSIT ACCOUNT	175111			242092
BANK CURRENT ACCOUNT	103014			10525
CCLA ACCOUNT	17042			16647
DEBTORS AND PREPAYMENTS	2572			2709
	297739			271974
CURRENT LIABILITIES
CREDITORS AND ACCRUALS		794			1946
PARISH SHARE ARREARS		28640			0
AGENCY COLLECTIONS		124
		29558			1946

NET CURRENT ASSETS	268181			270028

TOTAL ASSETS	382975			384821

REPRESENTED BY
RESERVES
BALANCE AS AT 1ST JANUARY 2021	384821			180712
GAINS ON INVESTMENT ASSETS	0			0
DEFICIT/SURPLUS FOR THE YEAR	-1846			204109
	382975			384821

INCOME

Direct Giving			Gift Aid
Gift Aided	36375		Main Scheme		8721
Non GA	3850		Small Donations Scheme		1048
Cash	1963				9769
Card Reader	1722
	43910		Fees(NET)
			Gross income	15320
			Chester Diocese	-6324
Goodwill Donation			PCC income		8996
Mottram Organ Fund		500
			Magdalene Centre
			Appleton Childcare		5696
			Scouts		172
Fund Raising			Hive Youth Theatre		1613
Flag		275	Pilates		1118
Jam Jars		355	Allsop- circuit training		566
Xmas Fair		1037	Other hire		517
Coffee/tea		359			9682
Barn Dance		198
Wall box		145	Other items
Various		437	VAT refund		100
		2806	Refund byAlarm Company		300
			EnergysubsidybyCofE		1090
			Various/other		2114
					3604

EXPENDITURE

Maintenance - St Michael's				Magdalene Centre
Pathway - Noticeboard	3662		FOMPC	Caretaker	2962
Pathway- bench	615		FOMPC	Gas	3877
Pathway- lighting	2264		FOMPC	Electricity	1880
RH funds - tower	8832		RH legacy	Water	262
RH funds - heatingsurvey	700		RH legacy	Insurance	2228
Other/general	1839			Grounds	250
	17912			Fire/Alarm/maintenance	1666
					13125

Running - St Michael's
Gas		1322		59 Market Street
Electric		1492		Council tax		203
Water		163		Agencycommission		1208
Copier		1997		Insurance		473
Alarm		1217		Electric		53
Organ		420				1937
Music licences		760
Other/general		329		Staff costs - St Michael's
		7700		Administrator		3360
				Organists		900
Vicarage				Verger		695
Council tax		2855		Parish DW		970	RH Legacy
Water		574		Other		701
Phone		859				6626
		4288

7 ClowJh Fold Road, Hyde, Cheshire SK14 5AQ 31*1 March 2023 The Rev Cait Walker PCC Members St Michael & All Angels, Warhill Via Church Brow, Mottram, SK14 6JL Dear Rev and PCC Mefnbers. Durlng the past two weeks I have gbven an in depth look at your church Accounts and subject to the lirnited information available I have no reservations about recommendire acceptance of these accounts to your PCC Yours SIncelY Rob8rt Taylor Treasurer St George's Churth Hyde