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← The Parochial Church Council Of The Ecclesiastical Parish Of Great Baddow, Meadgate

2023-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD (Charity Registration No. 1169955)

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD

(Charity Registration No. 1169955)

ANNUAL REPORT AND FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2023

CONTENTS

Page 1

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE,

DIOCESE OF CHELMSFORD

(Charity Registration No. 1169955)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2023

REFERENCE AND ADMINISTRATIVE DETAILS

Meadgate Church is part of the benefice of St Mary the Virgin Great Baddow, Chelmsford and became a separate parish on 1 January 2016, obtaining charity registration on 31 October 2016. It is part of the Diocese of Chelmsford within the Church of England.

Charity Number: 1169955
Principal Office: The Orchards
Meadgate Centre
Chelmsford
Essex
CM2 7NS
Independent Examiner Claire Bullen
Taylor Viney & Marlow Limited (incorporating Alexandra Anthony)
46-54 High Street
Ingatestone
Essex
CM4 9DW
Bankers Barclays Bank PLC Metro Bank PLC
1 Churchill Place 1 Southampton Row
London London
E14 5HP WC1B 5HA
PCC members who have served during 2023 are:
Team Rector Rev. Canon Timothy Ball (Chairman)
Other Team Clergy Rev. Funmilayo Vaughan Rev. Philip Sheldrake
Rev. Canon Roger Matthews Rev. Andrew Brown
Elected Members Malcolm Burrell (Treasurer) Luke Ridgwell (until 14 May 2023)
Natacha Dudley (until 14 May 2023) Richard Robinson (Deputy Church Warden)
Denise Hom (Church Warden) Jason Smart
Martin Amundsen (from 14 May 2023) Amanda Robinson (until 14 May 2023)
John Kennett Locardia Takawira (until 14 May 2023))
Elizabeth McKenzie (from 14 May 2023) Rosalind Coleridge
Charlotte Parsons Duncan McKenzie (Church Warden)
Angela Parker David Belbin
Graham Delves Moira McQuiggan (from 14 May 2023)
Paul Smith (from 14 May 2023) Sheela Burrell (from 14 May 2023)

STRUCTURE, GOVERNANCE AND MANAGEMENT

The church is governed by the Parochial Church Council Powers Measure (1956) as amended and by church representation rules. The church is a charity, registered with the Charity Commission.

The method of appointment of PCC members is set out in Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.

Page 2

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD

(Charity Registration No. 1169955)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2023

OBJECTIVES AND ACTIVITIES

Meadgate Church PCC has the responsibility of co-operating with the team rector, the Rev. Canon Timothy Ball, in promoting in the ecclesiastical parish the whole mission of the church, pastoral, evangelistic, social and ecumenical. It also has the maintenance responsibilities for the Church centre complexes at the Parade and the Orchards.

Background information

Meadgate Church was established as a daughter church to St Mary the Virgin, Great Baddow, in 1963 to serve the needs of the Meadgate district which comprises a mix of former council housing now run by Chelmer Housing Partnership, and a number of privately owned dwellings. The church started in the home of one of the founder members and quickly grew, such that a church was built as part of the Meadgate Parade. Following various extensions as the church grew an opportunity to take over the site of the former Meadgate Junior School was taken advantage of and in July 2014 the Church took a three year lease from Essex County Council on the site now known as The Orchards, where as well as running Sunday services we have opened a cafe with under 5s soft play area which is open 5 days a week in school terms, as well as making the rooms available for other agencies serving the needs of the Meadgate Community. The lease was extended in 2017 allowing for discussions and agreement in principal for the purchase of the site, which completed on 16 September 2020.

Mission statement

Called by Christ, Commited to Serve, Caring for our Community.

ACHIEVEMENTS, PERFORMANCE AND BACKGROUND INFORMATION

Church attendance

There are 111 people registered on the Electoral Roll (2022: 107). Approximately 70 adults and 10 children attend the services each Sunday.

Review of church council and church meeting business during the year.

The PCC meets approximately every quarter with additional sub-committee meetings for mission, buildings and finance held when needed. Copies of the minutes are available to all church members on request after they have been signed and agreed by the PCC.

FINANCIAL REVIEW

Meadgate Church has once again witnessed the blessings and provision of God in respect of its finances.

We started the year with a budgeted deficit of £8,130 for the General Fund and Orchards Cafe Fund combined, and ended at break-even. However, this break-even figure included a transfer of £11,100 into the Reserve Fund, and so these combined Funds generated a surplus prior to the funds transfer significantly in excess of budget. The General Fund ended the year with an unchanged balance of £33,327.

Total income on ordinary unrestricted funds was £294,185 (2022: £245,246). Total unrestricted expenditure amounted to £252,815 (2022: £222,619). On the income side, giving by church members continued at similar levels to 2022, and Cafe income was significantly higher than 2022. Expenditure was significantly higher than 2022, largely as a result of the much higher turnover of the Orchards Cafe.

The Church continues to pay in full our Deanery Share (or Family Purse) contribution – this year £58,771 (2022: £60,865).

Following the purchase of The Orchards in 2020, the Orchards Purchase Fund is now sitting at £452,762 (2022: £435,862), represented entirely by the net asset value of The Orchards. £1,070 was transferred out of this Fund into the Reserve Fund. The Orchards Refurbishment Fund ended the year at £5,737 (2022: £12,463), with £45,805 (2022: £48,858) having been spent on refurbishment works during 2023, these being primarily the completion of the replacement of the windows and doors. The PCC gratefully acknowledges the receipt of £5,000 from the Asda Foundation, being the balance of the matched-funding grant awarded in 2022. The PCC is also very grateful for a generous donation of £31,250 (including the Gift Aid recovered) from a church member which facilitated the completion of the windows and doors replacement.

The Community Assist Fund is now sitting at £1,778 (2022: £1,583), with income in 2023 of £313 and having funded £117 of donations of food and other essential items to those in need.

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Page 4 wc1EPEP￿ EXAMINERS REPC¥ TO THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT Thi9 rewrt on the Accounts oflhe PCC for ts yo8r erthd 31 D?￿rnber 2023. ¥knich is set oth on ￿pe5 1 to 19 inclusivo, 18 in respect of an exarnlnthn carrl8d OLrt kn aCCa)rdatta thè kntxsntlng Regulab"or 20rffj aThJ Se¢tkJn 145 of thfr Charitie8 Act 2011. 4 mernber¥ of ts PCC you ar• r•sponslbl• for th• w•porAtK)n c the Ac(ounts,' Cons￿r Ihol the audl roqulremenl of R•gul•tlon 3(31 of the Church Accountiw Rewlatrons 2C(6 aTrJ Sedion 144121 ol Ihe chori1￿¥ Aut 2011 (the Actl does not 8PPty. 11 L4 my ￿SpOnSI￿.1￿ to l¥su• Ihl$ r•port on Accourrt8 in accordance wth the tem18 01 the Church Ac¢ounln9 Re9ulthns 20C6 and chai11￿$ IAcryyJnts and ReF4Jls> RewkIlCrf￿ 2fAJ8. rnin My •x8minalion wa• canknj out in ac¢4)rd￿ IM Gwral El'rKtion$ gi￿ by th• Charfty commi￿on und•r Secb'on 1451511bl of the Act and lo i• found In the widance from tre CBF. That èx&min¥iion Indud•¥ a revw Df the aLuunb'n9 re￿r￿S k•pt by th• PCC and a companscffl of the AcLount8 Wrth tttrJ•& recJ)rOs tt l•o Indudg$ LxJnw¢•ring any unusual ms or cMsdo8ur8 In the AcGwnt8 and See￿n9 oyplanatAJns Irom you 85 Twstee$ o)nc•Trlng •ny suth matters. The procedures Und￿taken ¢0 nc provlL1e 41 the ev10￿ lhat¥•￿￿1 be in an gudiL consequenuy I do not frxpress In •ydil 0￿.n10n view given by the Acco￿18. In accoroance wrth my ￿TrI￿a￿On. rn matter h8$ 0)me kn rrry •tnthx rnatonable rau8e to bvlleve that, In any maied¥l r•8pe¢, the requirements to k8•p ￿￿Ount1rwJ rocords In ￿1h 130 oftr 2011 Aci.. Ind to preparo Accounts •c¢tyd WIV) Il r•cotd$ and to c4rnpty wAth th& requiremont8 ¢1 the Art 8$ also o)ntained In th• Ch¢Jrth A¢￿￿tIng Regul*'ons 2(£ have ncl been me( or to whth, In ry opinion, •lierrt￿ al￿￿ld be LYd8r to englye 4 prwr und•f•tandlng ol the count8 to b• mch•d. 46-34 Hi9h Street Ingaleslon• E86ex CM4 SDW Clwre Bulle Ind•p•nd•nl EY4mnor Ttyor Mney & Limiied lincorw)ratiThJ Aloxandra Anthonyl Ch¥terod I￿Un￿rn￿ ..2024

Page 5. ThE PAR¢XHIALCHUROt COUIKILOFTHE ECCIBIASllcAL PARISH OFGAEAT WJD¢XV. MEADGAT l<h•rity Rwitr•tyon 14ty. 11699%) STATEME14T OF ANANaALACTMnES FOR THE YEAR ENDED 31sr DEQMOER 2023 TOTAL FUNDS 2023 INCOMEAND ENDOWMEKrs Voluntsry Income 44.1115. 18-20 174384.99 19.140.26 193,525.25 201.OXt.39 AclliAtSes for Generatlnq Funds Investment Income Irrtome from Churth Activ4tles Other Inctsrne 44.287.83 327.99 71.057.28 4.126.43 44.287.83 343.78 71,057.28 4.126.43 37,688.95 17.19 15.79 49.688.11 6.377.68 10.11,13, 14.16 TOTAL INCOME 294.184.52 I9.15&￿ts 313,340.57 291.853.67 EXPENDMJRE Church Activ¥tie5 Fun&ra15ing Cost5 2144 252,815.38 51,141.17

)3,95&55 278,426.8) TOTAL EXPENDITURE 252,815.38 51,141.17 X13,956.55 278,426. NET INCOMEI IEXPENDMJREI 4L369.14 31,9f*12 9.384.U2 16,427.07 Bou8ht forward at l Januiry 2023 Transfers Betrween Funds 8ALANCES AT31 DECEMBER 2￿23 61.349.24 42,IEn.22 fJJ,558.16 448.324.73 42,IfA).22 458.499.83 5C13,673.97 493.246.9) 519.057.99 509,673.97 Approv•d by th• P¥ochid Churth Cournyl C￿ 01 M 2024 Churth (>￿￿0r Treasurer

Page 6.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD

(Charity Registration No. 1169955)

BALANCE SHEET AS AT 31ST DECEMBER 2023

2022
Notes
FIXED ASSETS
662,080.29
CURRENT ASSETS
11,489.77
Debtors and Prepayments
47
16,144.05
492.59
Deposit Account
48
508.38
67,548.62
Current Account
49
48,355.40
1,029.35
Charge Cards
50, 51
2,407.07
443.24
Youth Account
52,56
-
95.00
Cash in hand: General Fund
95.00
-
Cash in hand: Junior Church / Youth
20.69
81,098.57
CURRENT LIABILITIES
7,286.31
Creditors and accrued expenses
53
1,235.05
7,426.59
Loans repayable within 12 months
45
6,406.25
218,791.99
Loans repayable beyond 12 months
45
202,911.59
233,504.89
509,673.97
NET ASSETS / (LIABILITIES)
FUNDS
Unrestricted
33,326.65
General Fund
Designated
-
Orchards Café Fund
-
50.00
Creative Hands Fund
-
683.50
Community Garden
-
443.24
Youth Account
-
-
Junior Church / Youth
20.69
1,583.24
Community Assist
1,778.40
25,262.61
Reserve
25,432.42
Restricted
-
Mission / Charities Fund
-
435,861.72
Orchards Purchase Fund
452,762.46
12,463.01
Orchards Refurbishment Fund
5,737.37
509,673.97
TOTAL FUNDS		 67,530.59
210,552.89		 2023
662,080.29
519,057.99
33,326.65
27,231.51
458,499.83
519,057.99

Page 7.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD

(Charity Registration No. 1169955)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023

1. ACCOUNTING POLICIES

a) Basis of accounting

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with United Kingdom Generally Accepted Accounting Practice (FRS 102), and the Charities Act 2011 .

b) Funds

Restricted funds represent donations or fundraising income 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.

Where funds received have been restricted for the purchase of fixed assets, the value of the specific object is transferred at the purchase date from the restricted fund to the general fund in the Statement of Financial Activities.

General Funds represent funds of the church council that are not subject to any restrictions regarding their use and are available for application on the general purposes of the Church. Funds designated by the Church Council for a particular purpose are also unrestricted.

c) Income and Endowments

All income and endowments are included in the statement of financial activities when the Church is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

d) Expenditure Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which is reported as part of the expenditure to which it relates:

Page 8.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD (Charity Registration No. 1169955)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023

2. DETAILED STATEMENT OF FINANCIAL ACTIVITIES

Notes
INCOME
Planned Giving
4
Income Tax Recovered (Planned Giving)
4
Collections
5
Non-Planned Giving
5
Donations
6
Income Tax Recovered (Non-Planned Giving)
5
Church Letting Income
7
Catering Income
8
Orchards Café
9
Sundry Income
10
Creative Hands
11
Community Garden
12
Youth Account
13
Youth Fund
14
Community Assist
15
Parochial Fees
16
Bank Interest Received
17
Funds raised for Mission/Charities
18
Funds raised to purchase The Orchards
19
Funds raised for The Orchards Refurbishment
20
Total Income
EXPENDITURE
Clergy Expenses
21
Staff Costs
22
Training
23
Worship Costs
24
Premises Rental
25
Upkeep of church building/grounds
26
Catering
27
Administration
28
Junior Church / Youth
29
Orchards Café
30
Community Outreach
31
Sundry Costs
32
Creative Hands
33
Get Meadgate Gardening
34
Youth Account
35
Evangelism
36
Orchards Loan Interest
39
Community Assist
40
The Orchards Purchase
43
The Orchards Refurbishment
44
Team GB Shared Expenses
41
Outside of Parish
Parish Share
37
Mission/Charity Giving From the General Fund
38
Mission/Charity Giving From Special Appeals
42
Balances as at 1 January 2023
Surplus/(Deficit) for year
Transfers between Funds
Balances as at 31 December 2023		 General
Orchards
Creative
Community
Youth
Junior Church
Community
Reserve
Restricted
Total
Fund
Café
Hands
Garden
Account
Youth
Assist
Funds
Unrestricted
Designated
Designated
Designated
Designated
Designated
Designated
Designated
Summary

110,154.48
110,154.48
1.2
22,121.75
22,121.75
2.3
5,161.43
5,161.43

4,492.50
4,492.50

30,739.10
5,000.00
35,739.10
2.5
1,377.35
62.50
8,497.06
9,936.91

43,075.00
43,075.00

1,212.83
1,212.83

71,057.28
71,057.28

3,036.69
3,036.69

541.92
541.92

25.88
25.88

294.06
294.06

253.76
253.76

250.00
250.00

0.00
0.00

327.99
15.79
343.78

4,400.20
4,400.20

843.00
843.00

400.00
400.00
221,699.12
71,057.28
541.92
25.88
294.06
253.76
312.50
0.00
19,156.05
313,340.57

764.77
764.77

40,255.52
40,255.52

0.00
0.00

222.21
222.21

200.00
200.00

55,549.63
55,549.63

385.46
385.46

8,625.97
8,625.97

547.45
547.45

57,033.15
57,033.15

1,939.51
1,939.51

6,538.82
6,538.82

0.00
0.00

733.85
733.85

602.31
602.31

121.29
121.29

15,896.94
15,896.94

117.34
117.34

0.00
0.00

45,804.66
45,804.66

649.84
649.84
0.00
17
58,771.32
58,771.32

3,860.00
3,860.00

5,336.51
5,336.51
193,781.28
57,033.15
0.00
733.85
602.31
547.45
117.34
0.00
51,141.17
303,956.55
33,326.65
0.00
50.00
683.50
443.24
0.00
1,583.24
25,262.61
448,324.73
509,673.97
27,917.84
14,024.13
541.92
-707.97
-308.25
-293.69
195.16
0.00
-31,985.12
9,384.02
-27,917.84
-14,024.13
-591.92
24.47
-134.99 #
314.38
169.81
42,160.22
0.00
33,326.65
0.00
0.00
0.00
0.00
20.69
1,778.40
25,432.42
458,499.83
519,057.99

Page 9.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD

(Charity Registration No. 1169955)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023

3. RESTRICTED FUNDS SUMMARY FOR THE YEAR ENDED 31ST DECEMBER 2023

Mission/ Orchards Orchards TOTAL
Charities Purchase Refurb
INCOME
Funds raised for Mission/Charities 4,400.20 4,400.20
Orchards Purchase 843.00 843.00
Orchards Loan 0.00
Orchards Refurb 400.00 400.00
Donations 5,000.00 5,000.00
Deposit Interest 15.79 15.79
Income Tax Recovered 3A 936.31 210.75 7,350.00 8,497.06
Total Income 5,336.51 1,069.54 12,750.00 19,156.05
EXPENDITURE
Funds raised for Mission/Charities 5,336.51 5,336.51
Orchards Purchase 0.00 0.00
Orchards Loan Repayments 0.00
Orchards Refurb 45,804.66 45,804.66
Church Group Expenses 0.00
Gifts 0.00
Other Expenditure 0.00
Total Expenditure 5,336.51 0.00 45,804.66 51,141.17
Balances as at 1 January 2023 0.00 435,861.72 12,463.01 448,324.73
Surplus/(Deficit) for year 0.00 1,069.54 -33,054.66 -31,985.12
Transfers between Funds 0.00 15,831.20 26,329.02 42,160.22
Balances as at 31 December 2023 0.00 452,762.46 5,737.37 458,499.83

accounts spreadsheet 2023 submitted for examination v2.xlsx

10:37 30/04/2024

NOTES TO THE ACCOUNTS Page 10
2023 2022
UNRESTRICTED INCOME
4 PLANNED GIVING
1.1 Planned Giving- DD,Pledged,Gift Aided 86,980.00 87,437.00
1.5 Planned Giving- DD,Pledged,CAF etc 5,105.48 9,685.48
1.7 Planned Giving- DD,Not Gift Aided 14,842.00 13,790.00
1.4 Planned Giving- Other(NGA) 1,420.00 420.00
1.6 Envelopes - Not Gift Aided 350.00 216.00
1.3 Envelopes - Gift Aided 1,457.00 1,615.00
1.2 Income Tax Recovered 22,121.75 21,894.68
132,276.23 135,058.16
5 NON PLANNED GIVING
2.1 Non Planned Giving (Gift Aided) 2,073.50 1,138.00
2.2 Non Planned Giving (Not Gift Aided) 2,419.00 784.00
2.5 Income Tax Recovered 1,377.35 1,855.17
2.3 CCollections 5,161.43 5,377.08
11,031.28 9,154.25
6 DONATIONS
2.4. Donation - Unrestricted 25,950.00 455.00
2.4. Donation - Hampers 125.00 160.00
2.4. Donation - Alms Fund 0.00 150.00
2.4. Youth Fund 80.00 400.00
2.4. Defibrillator 0.00 2,474.00
2.4. Elizabeth Snowden 0.00 470.00
2.4. SensoryPlay 0.00 50.00
2.4. EALC Warm Spaces 330.00 1,000.00
2.4. CDBF EnergyBills Support 3,420.00 0.00
2.4. Evie Ball 367.10 0.00
2.4. KirstyPearce 467.00 0.00
30,739.10 5,159.00
OTHER GENERAL FUND INCOME
7 Church LettingIncome:
3.1. NELFT 22,124.00 19,700.00
3.1. CHESS 0.00 0.00
3.1. Moo Music 7,953.00 7,410.00
3.1. U3A 2,112.00 1,735.00
3.1. 8
CCG Choir		 968.00 780.00
3.1. 9
Diocesan Meeting		 330.00 276.00
3.1. Other 2,698.50 894.00
3.1. Sounds Right 759.00 930.00
3.1. Chelmsford CityCouncil 525.00 0.00
3.1. Starlight Music Theatre Group 990.00 1,200.00
3.1. Made For More 2,029.50 1,830.00
3.1. Do Re Minis 847.00 810.00
3.1. YMCA 484.00 880.00
3.1. SigningSense 0.00 195.00
3.1. TappyToes 1,255.00 630.00
43,075.00 37,270.00
8 3.2 CCateringIncome 1,212.83 418.95
9 Orchards Café
3.3. DailyTakings 68,150.78 49,663.11
3.3. PartyHire 206.50 25.00
3.3. Donation 2,700.00
71,057.28 49,688.11
10 SundryIncome Page 11
3.5. Banns Fees 51.00
3.5. Night of Song 0.00 1,215.00
3.5. Barn Dance 475.00 695.00
3.5. Other 540.69 834.31
3.5. 8
CurryNight for Afghanistan		 0.00 507.00
3.5. 9
Christmas Concert		 1,135.00 1,020.00
3.5. Panto 0.00 310.00
3.5. New CityVoices Concert 835.00
3,036.69 4,581.31
11 Creative Hands 796.27
3.9. Creative Hands(Tue) 180.00
3.9. Creative Hands(Wed) 361.92
541.92
12 CommunityGarden
4.8. Donations Gift Aided 0.00 0.00
4.8. Donations Not Gift Aided 20.70 0.00
4.8. Grants 0.00 1,000.00
4.8. 4Income Tax Recovered 5.18 0.00
4.8. Other Income 0.00 0.00
25.88 1,000.00
13 Youth Account 294.06
14 Junior Church/Youth
4.7. Donations 200.00
4.7. Other 53.76
253.76
15 CommunityAssist
3.10 Donations Gift Aided 250.00 100.00
3.10 Donations Not Gift Aided 0.00 1,200.00
3.10 Donations CAF etc 0.00 0.00
3.10 Income Tax Recovered 62.50 77.50
312.50 1,377.50
16 3.7 Parochial Fees 0.00 80.00
17 3.8 Bank Interest Received 327.99 42.15
TOTAL UNRESTRICTED INCOME 294,184.52 244,625.70
RESTRICTED FUNDS INCOME Page 12
18 3a F FUNDS RAISED FOR MISSION/CHARITIES
4.1. Denisa Care Home(was Hope for Kids) Donations 1,129.40 2,019.70
Refer also 4.1.2 Denisa Care Home - Income Tax Recover eIncome Tax 227.35 409.93
to 1,356.75 2,429.63
Restricted
Funds 4.1. Samaritans Purse Donations 2,216.30 780.00
Summary 4.1.4 Samaritans Purse - Income Tax Recovere Income Tax 517.83 151.25
2,734.13 931.25
4.1. 9Little Edi Donations 75.00 510.00
4.1.10 Little Edi - Income Tax Recovered Income Tax 6.25 127.50
81.25 637.50
4.1. Ukraine Families at Denisa Donations 0.00 1,615.00
4.1.12 Ukraine Families at Denisa - Income Tax Income Tax 0.00 133.75
0.00 1,748.75
4.1. Bible Society Donations 979.50 1,008.00
4.1.14 Bible Society- Income Tax Recovered Income Tax 184.88 194.50
1,164.38 1,202.50
5,336.51 6,949.63
19 THE ORCHARDS PURCHASE
4.3. Donations Gift Aided 494.00 0.00
Refer also 4.3. Donations Not Gift Aided 349.00 452.00
to 4.3. Donations CAF etc 0.00 0.00
Restricted CCLA Deposit Interest 15.79 6.39
Funds 4.3. 4Income Tax Recovered 210.75 78.00
Summary 4.3. Fund Raising 0.00 0.00
4.3. Fund RaisingEvents Income 0.00 0.00
1,069.54 536.39
20 THE ORCHARDS REFURBISHMENT
Refer also 4.5. Donations Gift Aided 400.00 16,055.00
to 4.5. Donations Not Gift Aided 0.00 1,643.10
Restricted 4.5. Grants 5,000.00 20,000.00
Funds 4.5. 4Income Tax Recovered 7,350.00 4,123.75
4.5. Other Income 0.00 0.00
Summary 12,750.00 41,821.85
TOTAL RESTRICTED INCOME 19,156.05 49,307.87
UNRESTRICTED EXPENDITURE Page 13
21 CLERGY EXPENSES
5.1. Mileage 215.64 137.10
5.1. Office 106.68 70.70
5.1. Telephone 373.13 347.60
5.1. 4Other 31.42 125.73
5.1. Books and Publications 0.00 0.00
5.1. Area Dean 37.90 0.00
764.77 681.13
22 STAFF COSTS(EXCL. CAFÉ STAFF)
6.1 AAdministrator Salary 6,483.00
6.2 AAdministrator PAYE,Pension,etc 331.20
6.3 YYouth Minister Salary 19,500.52
6.4 YYouth Minister PAYE,Pension,etc 4,063.51
6.10 Youth Minister SMP Refund 0.00
6.5 Pastoral Worker Salary 0.00
6.6 Pastoral Worker PAYE,Pension,etc 0.00
6.7 CCommunities Worker Salary 5,835.00
6.8 CCommunities Worker PAYE,Pension,etc 1,798.99
6.11 Caretaker Salary 2,135.10
6.12 Caretaker PAYE,Pension,etc 108.20
6.9 SStaff Review Costs 0.00
40,255.52 35,595.08
23 TRAINING
7.1 GGeneral Training 0.00 543.95
0.00 543.95
24 WORSHIP/SERVICES COSTS
8.2 CCommunion Bread & Wine 54.25 9.00
8.4 Books & Booklets 36.31 77.96
8.6 SSpecial Services 2.00 0.00
8.9 Refreshments 94.52 342.03
8.11 SundryExpenses 35.13 0.00
222.21 428.99
25 PREMISES RENTAL
9.2 CChelmer HP 200.00 200.00
200.00 200.00
26 UPKEEP OF PREMISES Page 14
Upkeep of The Parade
10.1 Utilities 4,920.03 2,567.65
10.1 Insurance 1,189.29 1,108.23
10.1 Refuse Collection Fee 0.00 73.76
10.1 Extinguisher Service 70.92 70.92
10.1 Maintenance & Repairs 2,906.91 1,069.96
10.1 Cleaning 1,065.71 1,157.47
10,152.86 6,047.99
Upkeep of The Orchards
10.2 Utilities 22,695.50 16,638.67
10.2 Insurance 2,910.13 2,720.81
10.2 Refuse Collection Fee 1,951.24 867.88
10.2 Extinguisher Service 172.26 109.62
10.2 Gardening 0.00 9.56
10.2 Maintenance & Repairs 6,443.34 5,775.44
10.2 Cleaning 8,538.74 8,259.96
10.2 Container Hire 446.40 446.40
10.2 CleaningSupplies 875.99 427.88
10.2 AV Equipment 1,363.17 71.92
45,396.77 35,328.14
55,549.63 41,376.13
27 CATERING EXPENSES
11.1 Orchards CateringGeneral 331.08 616.12
11.5 Parade CateringGeneral 54.38 150.01
385.46 766.13
28 ADMINISTRATION
12.1 Licences 1,424.10 1,680.17
12.2 Subscriptions 0.00 0.00
12.3 Stationery 387.81 436.86
12.4 Printing /Photocopying 3,200.21 2,621.17
12.5 Books & Booklets 0.00 0.00
12.6 Postage 44.25 0.00
12.7 GivingEnvelopes 36.59 35.52
12.8 Photocopier/Printer Toner/Ink 187.54 224.89
12.9 Equipment 1,268.97 83.14
12.1 Other 8.69 0.00
12.1 Paper 0.00 0.00
12.1 Publicity 0.00 0.00
12.1 Phone 1,102.75 856.41
12.1 Internet Subscription 965.06 968.53
8,625.97 6,906.69
29 JUNIOR CHURCH/ YOUTH
13.1 Stationary 0.00 80.00
13.2 Food and Drink 59.09 229.91
13.3 Craft 106.41 76.40
13.5 Resources 299.95 740.91
13.6 Phone 82.00 144.00
547.45 1,271.22
30 ORCHARDS CAFÉ COSTS
14.1 CateringSupplies 21,228.31 16,511.39
Café Staff Costs 31,966.26 25,884.48
14.9 Other 499.24 71.36
14.1 Equipment 279.08 0.00
14.1 Café BuildingWork 2,700.00 8,048.34
14.2 Maintenance 360.26 222.72
57,033.15 42,689.95
31 COMMUNITY OUTREACH Page 15
15.4 Summer Festival 561.33 810.98
15.5 Barn Dance 596.48 582.26
15.7 Pancake Night 0.00 20.78
15.1 Christmas Hampers 438.66 0.00
15.1 Kintsugi Hope 0.00 40.00
15.1 SensoryPlay 248.29 62.02
15.1 Panto 0.00 272.43
15.1 Coronation 70.57 0.00
15.1 CommunityCarols 24.18 0.00
1,939.51 1,788.47
32 SUNDRY COSTS
16.1 Other Expenditure 604.22 4,691.90
16.2 Donations 1,225.00 300.00
16.4 Sundry 1,129.31 166.79
16.5 Bank Charges 354.98 382.68
16.1 HostingDiocese Meetings 444.72 11.40
16.1 Night of Song 0.00 720.21
16.1 Examination Fee 360.00 360.00
16.1 St. Mary's 47.69 0.00
16.1 St. Paul's 0.00 0.00
16.1 Payroll Services 1,020.00 1,020.00
16.1 Afghan Refugee Appeal(CurryNight) 0.00 470.20
16.1 Christmas Concert 902.90 612.75
16.2 Miscellaneous Pastoral Expenses 120.00 0.00
16.2 New CityVoices Concert 330.00 0.00
6,538.82 8,735.93
33 CREATIVE HANDS
28.1 Creative Hands Expenses 0.00 0.00
0.00 0.00
34 GET MEADGATE GARDENING
15.1 Get Meadgate GardeningExpenses 733.85 616.50
733.85 616.50
35 YOUTH FUND
Youth Account 602.31 711.86
In addition to the PCC's bank accounts, there has also been a separate Youth Fund, comprising a bank
account and cash, managed by the Youth Minister. In November 2023, we decided to bring all of the finances
associated with our children and young people's work under the one umbrella of the Junior Church / Youth Fund.
The seperate Youth bank account was closed, with the closing balance of £53.76 being transferred into the
Junior Church / Youth Fund via the PCC's bank account. Of the £134.99 cash remaining in the Youth Fund, £114.30
was paid into the Junior Church / Youth Fund via the PCC's bank account, and the remaining £20.69 left as cash in
Junior Church/Youth Fund.
36 EVANGELISM
26.3 Solid Youth Weekend 121.29 0.00
121.29 0.00
37 17 P PARISH SHARE 58,771.32 60,865.20
38 GIFTS TO MISSIONS/ CHARITIES
20.1 Denisa Care Centre(was Hope For Kids) 1,000.00 1,000.00
20.2 Samaritans Purse 1,000.00 1,000.00
20.5 CADEF SYM 360.00 360.00
20.6 Kintsugi Hope 500.00 500.00
20.8 St. Paul's 0.00 5,365.00
20.9 Bible Society 1,000.00 1,000.00
3,860.00 9,225.00
39 THE ORCHARDS LOAN REPAYMENTS Page 16
23.1 Loan Repayments Principal
23.2 Loan Repayments Interest 15,896.94 8,626.08
40 27.1 COMMUNITY ASSIST 117.34 1,238.18
41 TEAM GB SHARED EXPENSES
29.1 RectoryDecoration 496.49 0.00
29.2 MMU Service For Families 8.74 132.79
29.3 Christmas Books 0.00 0.00
29.4 General Shared Expenses 144.61 219.55
649.84 352.34
TOTAL UNRESTRICTED EXPENDITURE 252,815.38 222,618.83
RESTRICTED EXPENDITURE
42 FUNDS RAISED FOR MISSION/CHARITY
Refer to 21.1 Denisa Care Centre(was Hope For Kids) Donations 1,129.40 3,589.70
Restricted 21.2 Denisa Care Centre(was Hope For Kids)- Income Tax 227.35 409.93
Funds 1,356.75 3,999.63
Summary
21.3 Samaritans Purse Donations 2,216.30 780.00
21.4 Samaritans Purse - Income Tax Recovered Income Tax 517.83 151.25
2,734.13 931.25
21.7 Little Edi Donations 75.00 510.00
21.8 Little Edi - Income Tax Recovered Income Tax 6.25 127.50
81.25 637.50
21.9 Ukraine Families at Denisa Donations 0.00 45.00
21.10 Ukraine Families at Denisa - Income Tax Income Tax 0.00 133.75
0.00 178.75
21.1 Bible Society Donations 979.50 1,008.00
21.12 Bible Society- Income Tax Recovered Income Tax 184.88 194.50
1,164.38 1,202.50
5,336.51 6,949.63
43 THE ORCHARDS PURCHASE FUND
Refer to 22.1 Purchase Cost 0.00 0.00
Restricted 22.2 Purchase Fees 0.00 0.00
Funds 22.3 Fund RaisingEvents Costs 0.00
Summary 0.00 0.00
44 THE ORCHARDS REFURBISHMENT FUND
Refer to 24.1 Refurbishment Works 45,804.66 48,858.14
Restricted 24.2 Refurbishment Fees 0.00 0.00
Funds 45,804.66 48,858.14
Summary
TOTAL RESTRICTED EXPENDITURE 51,141.17 55,807.77
Page 17
BALANCE SHEET
45 TANGIBLE FIXED ASSETS
The Parade is held on a long lease and, as a dedicated building that is used for Church purposes, its leasehold value is
not included in these accounts. Its insurance value in 2016 was £1,100,000.
The Orchards was purchased from Essex County Council (ECC) on 16 September 2020 for the sum of £650,000, with a
further £12,080 incurred in legal fees. Although the Diocese is the custodian tustee holding the deeds, the purchase
price plus fees has been added as a fixed asset on to the balance sheet, as Meadgate Church has taken out a loan for
£260,000 from The Diocese to finance the purchase and has yet to repay the loan.
The loan is for 20 years at an interest rate of 2.5% above base. The monthly repayments commenced on the 1st
October 2020, beginning at £1,390.45, and increased to £1,733.14 from January 2023 onwards.
It should also be noted that under the terms of the sale and purchase agreement with ECC, should The Orchards be
sold within eighty years of its acquisition by Meadgate Church, then 50% of any resulting profit will be payable to
ECC.
It should also be noted that the PCC made twelve monthly repayments in 2023, and an additional loan repayment of
£12,000 in November 2023, drawing down on the Reserve Fund. This additional repayment is reflected in the 2023
repayments shown in the table below.
Loan Repayments:
Principal Interest Total
2020 repayments 2,487 1,685 4,171
2021 repayments 10,964 7,111 18,076
2022 repayments 20,330 8,626 28,956
2023 repayments 16,901 15,897 32,798
2024 repayments 6,406 15,998 22,404
Repayments beyond 2024 202,912 148,115 351,026
Total 260,000 197,432 457,432
The Orchards Net Asset Value:
Purchase Price(incl fees) 662,080
Loan -260,000
Repayments to 31 Dec 2023 50,682
Net Asset Value,31 Dec 2023 452,762
46 STAFF COSTS
Wages and salaries 71,633.96 60,972.43
Pension costs 587.82 507.13
72,221.78 61,479.56
The Church employed a youth minister, a part time administrator, a part time community worker, two catering
outreach managers on a job share, two part-time catering assistants on a job share, and a part-time caretaker. The
average number of FTE(full time equivalent)staff was 3.2.
47 DEBTORS
Gift Aid,General Fund 6,265.67 6,269.34
Gift Aid,CommunityAssist Fund 62.50 40.00
Gift Aid,Restricted Funds 580.08 223.50
Other debtors 9,235.80 2,674.13
16,144.05 9,206.97
48 DEPOSIT ACCOUNT
CCLA 508.38 492.59
49 CURRENT ACCOUNT
Balance asper statement 48,355.40 67,082.29
less cheques notyetpresented 0.00 466.33
Balance of Current Account as at 31/12/2023 48,355.40 67,548.62
50 POCKIT CARD Page 18
Openingbalance 1,029.35 774.15
Loading 2,454.00 19,600.00
Spend 3,483.35 19,344.80
Closingbalance 0.00 1,029.35
51 VOLOPA CARDS
Openingbalance 0.00
Loading 16,800.00
Spend 14,392.93
Closingbalance 2,407.07 0.00
52 YOUTH ACCOUNT
Openingbalance 443.24 235.00
Income 294.06 920.10
Expenditure 602.31 711.86
Closingbalance 134.99 443.24
53 CREDITORS AND ACCRUED EXPENSES
Funds raised for missions/charities 524.08 778.75
Other creditors and accruals 710.97 6,507.56
1,235.05 7,286.31
54 ANALYSIS OF GIFTS TO MISSIONS/ CHARITIES
Payments in theyear includingbothgivingfrom the General Fund and donations bychurch members:
Overseas
Mission		 Overseas
Relief		 Home
Societies		 Total 2022
CADEF 360.00 360.00 360.00
Denisa Care Centre(was Hope For Kids) 2,356.75 2,356.75 5,178.38
Samaritans Purse 3,734.13 3,734.13 1,931.25
Bible Society 2,164.38 2,164.38 2,202.50
Kintsugi Hope 500.00 500.00 500.00
Little Edi 81.25 81.25 637.50
St. Paul's Great Baddow 5,365.00
0.00 8255.26 941.25 9,196.51 16,174.63
55 PAYMENTS TO TRUSTEES AND RELATED PARTIES
The Rev. Canon Tim Ball, chair of the trustees, received reimbursement of expenses (see note 20). Tim Ball's wife,
Mrs Anita Ball, has undertaken paid work in the Cafe. Evie Ball held the paid post of Youth Minister until resigning in
November 2023 to take upanotherposition outside of Meadgate Church.
Mr Jason Smart holds the paid post of Café Manager and is also a trustee. Jason Smart's wife, Mrs Sue Smart, has
undertakenpaid work in the Café.
Mrs Ros Coleridge,a trustee,has undertakenpaid work in the Café.
Mrs Pat Kennett,the wife of trustee Mr John Kennett,holds thepaidpost of Administrator.
Mr David Belbin was the Treasurer until August 2018, and was also a trustee until April 2019, and was reappointed as
a trustee in May 2022. The accountancy practice, of which Mr Belbin is a partner, provides payroll services for
Meadgate Church. The invoices for these payroll services are settled by Mr Belbin from his own personal funds, as a
gift to Meadgate Church.
Page 19
56 FUNDS TRANSFER
Transfer Description General Café Reserve Orchards
Purchase		 Orchards
Refurb		 Other
Funds
Transfer of net proceeds from the New
City Voices Concert to the Orchards
Refurb Fund.		 -505.00 505.00
Transfer of £25,000 donation from the
General Fund to the Orchards Refurb
Fund.		 -25,000.00 25,000.00
Transfer of loan principal repayments to
the Orchards Purchase Fund.		 -16,900.74 16,900.74
Transfer of the cash balance of the
Orchards Purchase Fund to the Reserve
Fund.		 1,069.54 -1,069.54
Transfer from the Reserve Fund to the
General Fund for paying down the loan.		 12,000.00 -12,000.00
Transfer of Christmas Concert net
proceeds to the Refurb Fund		 -232.10 232.10
Transfer of the Creative Hands balance
to the Refurb Fund to leave the Fund
closingbalance at £0.		 591.92 -591.92
Transfer of the Café Fund surplus to
leave the Fund closingbalance at £0.		 14,024.13 -14,024.13
Transfer from the General Fund to leave
the Youth Fund closing balance at £0.		 -179.39 179.39
Transfer of the bank account and cash
balances of £134.99 from the Youth
Account to the Youth Fund.		 0
Transfer from the General Fund to leave
the Garden Fund closing balance at £0.		 -24.47 24.47
Transfer of surplus from the General
Fund to the Reserve Fund to leave the
General Fund closing balance the same
as the openingbalance.		 -11,100.27 11,100.27
Totals -27,917.84 -14,024.13 169.81 15,831.20 26,329.02 -388.06
57 GRANTS
Grant Body Purpose 2023 2022
The Asda Foundation The Orchards refurbishment 5,000 20,000
Essex Association of Local Councils Warm spaces 330 1,000
Chelmsford Diocesan Board of Finance Energybills support 3,420 0
Essex CountyCouncil Youth work 400
Essex CountyCouncil Community garden 1,000
Great Baddow Parish Council AED 1,000