# **The Parochial Church Council of the Ecclesiastical Parish of Holy Trinity, Birchfield, Birmingham**
## **HOLY TRINITY CHURCH BIRCHFIELD**
## **FINANCIAL STATEMENTS**
## **OF THE**
## **PAROCHIAL CHURCH COUNCIL**
## **FOR THE YEAR ENDED 31 DECEMBER 2023**
Clergy:
Revd Canon Eve Pitts to 31 July 2023 In interregnum from that date
Registered Charity No. 1168155
Bankers Unity Bank Brindleyplace Birmingham
Treasurer Christine Harris
Secretary
## **HOLY TRINITY CHURCH PAROCHIAL CHURCH COUNCIL**
## **INDEX TO THE FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 DECEMBER 2023**
|**Page No.**||
|---|---|
|**1-2**|Annual Report of the P.C.C.|
|**3**|Independent Examiner’s Report|
|**4**|Receipts and Payments Account|
|**5**|Summary of Funds|
|**6 - 9**|Notes to the Accounts|
## **HOLY TRINITY CHURCH PAROCHIAL CHURCH COUNCIL**
## **REPORT OF THE P.C.C.(Trustees Report)**
## **FOR THE YEAR ENDED 31 DECEMBER 2023**
The Parochial Church Council of the Ecclesiastical Parish of Holy Trinity , Birchfield, Birmingham was registered as a charity on 11 July 2016 having been prior to that an excepted charity.
It is governed by the Parochial Church Council Powers Measure (1956) as Amended and the Church Representation Rules that came into force on 2 January 1957.
Objectives and activities
The charity’s objects
Promoting in the ecclesiastical parish the whole mission of the Church. In setting our objectives and planning our activities our trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of religion through:
- raising awareness and understanding of religious beliefs and practices
- carrying out religious devotional acts
- carrying out missionary and outreach work
The objectives have been realised through the charity’s main activities:
The charity is the parochial Church Council of Holy Trinity Church, which is responsible for providing Christian worship each Sunday and Holy Days, including the celebration of week-day Holy Communion on a regular basis.
The Christian faith is taught in church and in small groups;
Outreach to the local community takes place through courses and networking. Achievements and performance
The numbers attending services over the past year is still less than pre Covid As part of our overall care of the congregation we have a Pastoral Group to arrange contact with and visits to members of the congregation.
Following the grant from the Heritage lottery fund and the completion of repairs to the roof we have continued to host open days in the Church.
As part of heritage awareness a regular “Ancestor Day” is observed remembering the contribution made to our community by those of Afro-carribean origin.
The church continues to be involved in community mission and missional activities.
:
1
Background to the P.C.C. and its responsibilities
The **parochial church council** (PCC) is the executive committee the **parish** of Holy Trinity, Birchfield and consists of clergy and churchwardens of the **parish** , together with representatives of the laity.
Membership of the P.C.C. and method of appointment Members of the Parochial Church Council are elected to serve a period not exceeding three years, eligible candidates are members of the Parish Electoral Roll, Membership of the Electoral Roll is open to communicant members of the Church of England who habitually worship at Holy Trinity Birchfield.
Churchwardens are appointed at the Annual Parish Church Meeting
Details of those serving on the P.C.C. including Officers and Ex Officio Members
Rev Canon Eve Pitts, Chair of the Council. retired 31 July2023 Miss W. Walker, Churchwarden . Mrs E Christian, Mr K Rutherford, Mrs J Simms , Readers Ms H Cross, Miss J De Costa, Ms V Flowers, Mrs M Scott, Miss C Forrester, Mrs J Simms, Mrs. B Anderson, Sonia Douglas, Mrs J Rutherford, Elected Members.
Miss C Harris, Treasurer
Electoral Roll, 83, (2022 – 85).
Sunday attendance 2023 - 74 ( 2022 40/50)
**2**
## **HOLY TRINITY CHURCH PAROCHIAL CHURCH COUNCIL**
## **INDEPENDENT EXAMINER’S REPORT TO**
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY , BIRCHFIELD, BIRMINGHAMIN IN RESPECT OF THE YEAR ENDED 31 DECEMBER 2023.**
I report on the accounts for the year ended 31[st] . December 2023 which are set out on pages 3 to 8
## **Respective Responsibilities of the Trustees and Examiner**
As trustees of the charity, the members of the PCC are responsible for the preparation of the accounts. They consider that an audit is not required for this year under section 144(2) of the Charities Act 2011(The Act) and that an independent examination is needed.
It is my responsibility to
Examine the accounts under section 145 of the 2011 Act Follow the procedures laid down in the General Directions given by the Charity Commissioners section 145(5)(b) of the 2011 Act and State whether particular matters have come to my attention.
## **Basis of the Independent Examiner’s report**
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 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 any 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 next statement..
## **Independent Examiner’s Statement**
In connection with my examinations, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements
- To keep accounting records in accordance with section 130 of the 2011 Act; and
- To prepare accounts which accord with the accounting records and to comply with the requirements of the 2011 Act.
Have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Michael Hastilow Independent Examiner 6th June 2024
**3**
## **HOLY TRINITY CHURCH PAROCHIAL CHURCH COUNCIL**
## **STATEMENT OF RECEIPTS AND PAYMENTS**
FOR THE YEAR ENDED 31 DECEMBER 2023
|
INCOME RECEIVED - note 2
Incoming resources from generated funds
Voluntary income
Activities generating funds
Investment income
Statutory and other fees
Other income
TOTAL INCOME RECEIVED
PAYMENTS MADE - note 3
Cost of generating funds
Charitable ( Church) activities
Governance costs
Other payments
TOTAL RESOURCES USED
NET SURPLUS/(DEFICIT)
Net cash surplus on sale and
acquisition of property
Movement in funds
Balance b/fwd 1st. January 2023
Balance c/fwd 31st. December
2023|Unrestricted
Restricted/ Endowme
nt
Funds
Designated
Funds
Funds
46,569
-
14,568
14,000
4,716
-
22,811
-
5,429
440|
Total
2023
46,569
28,568
4,716
22,811
5,869|
_Total_
_2022_
_42,886_
_37,887_
_4,535_
_34,365_
_118_|
|---|---|---|---|
||94,093
14,440
-|
108,533|_119,771_|
|||||
||3,775
-
78,931
301
-
-
5,328
440
-|3,775
79,232
-
5,768|
_3,464_
_53,077_
_-_
_29,129_|
||88,034
741
-|
88,775|
_85,670_|
||6,059
13,699
-
-
9,056
-
-|
19,758
9,056
|
_34,101_
_-_|
||6,059
22,755
-
44,563
13,469
12,494
-|
28,814
70,526
-|
_34,101_
_36,425_
|
||60,622
36,224
12,494|
99,340|
_70,526_|
4
## HOLY TRINITY CHURCH PAROCHIAL CHURCH COUNCIL SUMMARY OF FUNDS AS AT 31 DECEMBER 2023 **Movement in Funds**
|
General Fund
Net cash surplus on
property
**Restricted Funds**
Jubilee Fund
HLF Roof Fund
C C Derwent Legacy(Altar
Requisites)
Harlow Trust
Total Restricted
Funds
Mark House dilapidations
Property holdings at cost /
valuation - note 1
Total Funds
**Represented by**:
Mark House
Leonard Avenue
Church Hall
315 Birchfield Road
Unity Bank Current Account
Nat-West Jubilee Fund
Debtors and pre payments
Birmingham Diocesan
Trustees
BDBF re property sales
Creditor
TOTAL|Brought|Forward
Receipts
Expended
44,553
94,098
88,034
9,056
-|Balance
Forward
2023
59,668
||_Total_
_2022_
_44,553_|
|---|---|---|---|---|---|
|||||||
|||9,978
440
440
-
-
-
-
3,498
-
301
-
14,000|
9,978
-
3,197
14,000|
|_9,978_
_-)_
_-_
_3,498_
_-_|
|||13,476
14,440,
741
12,494
-
-
275,000
340,000
200,000
_______ ________ _________
345,523
457,589
288,775|
27,175
12,494
415,000|
|_13,476_
_12,494_
_275,000_
_________
_345,523_|
||||514,337|||
||
See note 5
See note 1
|||||
||||2023
75,000
340,000
26,453
51,257
77|
|_2022_
_100,000_
_75,000_
_100,000_
_26,126_
_31,826_
_77_
_333,029_
12,494
________|
||||492,787
12,494
_ 9,056|||
||||514,337
-|
|_345,523_
-
_________
_345,523_|
||||514,337,|||
The Accounts were approved by the PCC and were signed on its behalf by Chair of PCC Treasurer of PCC _Christine Harris_
**5** .
## HOLY TRINITY CHURCH PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
## 1. ACCOUNTING POLICIES
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the SORP 2005.
The financial statements have been prepared under the historical cost convention except for the valuation of investment assets which are stated at market value at 31 December. 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.
The Parish has interest in two properties , During the Year, The Hall and Mark House were sold for £365,000 and with the proceeds, the former vicarage, 213 Birchfield Road was acquired for £340,000, £1,464 was received for late completion and after deducting the costs of the purchase and sale, £9,056 was left.
The value of properties at the 31 December 2023 is:Leonard Avenue £ 75,000 as estimated 213 Birchfield Road £ 340,000 at cost Total £ 415,000
1.1 _Funds_ .
General Funds represent the funds of the Parochial Church Council (P.C.C.) that are not subject to any restrictions regarding their use and are available for application on the general purposes of the P.C.C. Funds designated by the P.C.C. are also unrestricted.
- 1.2 _Incoming Resources from donors Giving and Voluntary income_
Collections are recognised when received by or on behalf of the P.C.C. Planned giving receivable (including those received under gift aid) is recognised only when received.
Income Tax recoverable on gift aid donations is recognised only when the tax is received.
Grants and legacies are accounted for when the P.C.C. receives the payment
## _Other ordinary income_
Rental income from the letting of Church Premises is recognised when the rental is received.
## _Income from Investments_
Dividends and interest are accounted for when receivable.
_Resources used Grants_
Grants and donations are accounted for when received.
6
## HOLY TRINITY CHURCH PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2023
## 2. INCOME RECEIVED
|Voluntary income:
Planned giving envelopes and bank
Tax recovered
Loose collections
Donations
Sundry income
Activities generating funds:
Fundraising
HLF
Fundraising Jubilee Fund
Church hall rental
VAT recovered
Investment income
Rents
Incoming resources from charitable
activities
Statutory and other fees,
Grant re Heating
Other income
Legacies
Charitable Collections,
TOTAL|Unrestricted Restricted/ Endowment
Funds Designated
Funds
Mark
House
20,722
11,241
11,373
-
2,224
-
1,009
-
-|
Total
2023
20,722
11,241
11,373
2,224|
Total
2023
20,722
11,241
11,373
2,224|
|---|---|---|---|
||46,569|46,569|
_42,866_|
||14,000
6,641
7,927
-
-|14,000
=
6,641
7,927
-|
_4,292_
_21,170_
_3,543_
_8,882_
_-_|
||14,568
14,000
-|
28,568|
_37,887_|
||4,716|4,716|
_4,535_|
||4,716
-|4,716|
_4,535_|
||14,854
7,957|14,854
7,967|
_34,365_|
||22,811
-|22,811|
_34,365_|
||5,000
-
429
440|5,000
869|
_-_
_118_|
||5,429
440|5,869|
_118_|
|||||
||94,093
14,440
-|
108,533|
_119,771_|
HOLY TRINITY CHURCH PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2023
## 3 PAYMENTS MADE
|Cost of generating funds
Charitable (Church) activity:
Ministry – Diocesan Common Fund
Clergy expenses
Salaries and support staff costs
Church running cost
Insurance
Utilities
General Church Maintenance
Church Hall Costs
Church Hall Insurance
Other Costs
Governance costs
Administration
Other resources used
Giving to Missionary societies
Giving to relief and development
agencies
Home mission
Statutory fees paid to the Diocese
Major repairs church -roof
Major repairs church -other
Professional Fees
TOTAL RESOURCES USED|Unrestricted Restricted/
Mark
House
Funds Designated
Funds
Designated
3,775
-
-|Total
2023
3,775|
_Total_
_2022_
_3,464_|
|---|---|---|---|
||
44,000
-
1,080
-
4,318
-
1,491
301
8,654
-
9,208
-
9,979
-
-
-
-
201|44,000
1,080
4,318
1,792
8,654
9,208
9,979
-
-
201|
_24,000_
_900_
_4,322_
_2,211_
_6,611_
_8,268_
_4,845_
_1,899_
_-_
_21_|
||78,931
301
-|
79,232|
_53,077_|
||-
-
-|
-|
_-_|
||-
-
-
-
440
5,328
-
-
-
-
-
=
-
-
-|-
440
5,328
-
-
-
-|
_-_
_-_
_116_
_14,977_
_-_
_11,814_
_2,220_
_-_|
||5,328
440
-|
5,768|
_26,129_|
||**88,034**
**741**|**88,775**|
**_85,670_**|
**8**
HOLY TRINITY CHURCH PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2023
**Note 4** Restricted Funds During the year a grant of £14,000 was received from the Harlow Trust to be used in replacing digital services .
**Note 5** Debtors and prepayments £ 77 ( 2022 £77) prepayment.
**9**