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2022-12-31-accounts

ST MARY THE VIRGIN WESTONZOYLAND – REGISTERED CHARITY NUMBER 1171602

Annual Report and Financial Statements for the Year Ended 31 December 2022.

The financial statements have been prepared in accordance with charities legislation as consolidated by the Charities Act 2011, the charity's governing document and the Charities Statement of recommended Practice (FRS102) - Accounting and Reporting by Charities. The trustees consider that an audit of the report and financial statements is not required but an independent examination is required this year to fulfil the filing requirements of the Act.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The registered name of the Charity is The Parochial Church Council of the Ecclesiastical Parish of St. Mary the Virgin Westonzoyland.

The names of the Trustees who are all members of the PCC and served during the year are as follows:

Mrs Rosemary Bawden

Mrs Carole Edmunds

Mrs Ruth Marks

Mrs Julia Hines

Mrs Ann Philcox

Mrs Angela Field

Mrs Kim Adams

Revd Chris Keys (resigned 28 February 2022)

The Charity’s governing document is The Parochial Church Council Powers Measure (1956) As Amended and Church Representation Rules that came into force on 22 January 1957

The PCC is responsible for making decisions on all matters of general concern and importance to the parish including financial decisions. The method of appointment of PCC members is set out in the Church Representation Rules.

OBJECTIVES AND ACTIVITIES

St Mary the Virgin, Westonzoyland PCC has the responsibility of co-operating with the incumbent in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the Church.

How our activities deliver public benefit

The PCC has kept in mind the Charity Commission’s guidance on public benefit and consider that the activities, summarised below, provide benefit to the public and comply with the duty in section 17(5) of the Charities Act 2011.

Achievements and Performance

Worship, Life Events and attendance – Weekly services throughout the year, Easter, Harvest, Christmas, Funerals, Baptisms and Weddings. Twenty-seven regular members of congregation.

Social activities – coffee mornings, afternoon cafés and sales, music venue, book exchange, Tower Open Day

Other – Donation point for Bridgwater Food Bank, historic connection to the Battle of Sedgemoor and location for the Visitors’ Centre

Financial Review

The year-end position of the finances, as shown in the accounts, was a net increase in unrestricted funds balance of a little under £500 compared to the start of the year.

The policy and presentation of Restricted and Unrestricted Funds within the accounts has been applied to these financial statements so that;

  1. The Restricted Roof Fund’s aim, with fundraising and specific gifts, is to pay the interest on and make repayments of the Loan from the Bath & Wells DBF which financed the heating works; and

  2. The Restricted Hall Fund is the accumulation of costs incurred in insurance and maintenance of the former Parish Hall.

The Transfer between Funds was made as follows;

  1. A transfer from Unrestricted Funds to the Restricted Roof Fund equal to the cost of two years’ insurance of the church. Insurance was historically charged to this Fund. During two years of Covid restrictions, gathering, and therefore most fundraising, was prevented. This has allowed a clearer presentation of the Fund’s objective of financing the church heating installation, without the burden of supporting the running costs of a modernised church; and

  2. A transfer of the costs incurred up to 1 January 2022 in insuring the former Parish Hall in excess of the bank balance given to the PCC in 2020.

As we are now living with Covid some church activities have returned to our new normal in 2022 with services and church life.

The total receipts from collections, at services and by standing order, remained comparable to 2021. The continued support by weekly offerings and regular donations, is most gratefully received. Income tax is recoverable on the majority of cash and card reader donations and collections under the Gift Aid Small Donations Scheme.

There have been no major repair works carried out in the year. Heating and Lighting costs have risen considerably in 2022, partly offset by the successful grant claim from the Church of England and contributions received for such costs.

The very welcome return of fundraising activities in 2022 is clearly shown in the accounts – summer fete, Christmas Sale, Carol Singing and the very popular Coffee Mornings and Afternoon Cafes enabled scheduled Loan repayments to be met.

Our total indebtedness to the DBF has been reduced by over £3,000 by prioritising the interest bearing Loan balance which is now under £1,000 and will be eliminated this year. The Parish Share requested for both 2022 and 2021 was over £15,000; the payments the PCC has been able to make have been £12,302 and £12,423 while prudently managing other priorities.

Westonzoyland PCC remains solvent as we look forward to the future of our church under Jane’s ministry.

ST MARY'S CHURCH WESTONZOYLAND Registered Charity Number 1171602 RECEIPTS FOR THE YEAR ENDED 31st December 2022

Restricted Funds Restricted Funds
General Roof Hall 2022 2021
£ £ £ £ £
Collection etc
Free Will offerings 5,225.98 5,225.98 5,279
Open collections 713.10 713.10 529
Standing orders 8,208.00 8,208.00 8,224
Memorial donations 171.00 171.00 100
Penny boxes 137.62 137.62 154
Wedding and baptism collections 182.53 182.53 -
14,638.23 - - 14,638.23 14,286
Other income
Funeral fees 678.00 678.00 199
Wedding fees 768.00 768.00 1,955
Income tax refund 3,415.15 3415.15 2,893
Other general income (note 1) 1,160.60 1160.60 440
Personal and gift-aided donations - 209.00 - 209.00 -
LPOW VAT refund - - - - 240
6,021.75 209.00 - 6,230.75 5,727
Activities for raising funds
Friends of Westonzoyland Church 1,900.00 - 1,900.00 1,900
Church Draw proceeds - - - 1,231
Summer Fete 768.55 768.55 -
Christmas Bazaar 401.10 401.10 188
Wall safe donations 37.42 323.38 360.80 327
Go Forth and Multiply 55.00 55.00 -
Draw prizes returned 15.00 15.00 85
Glastonbury MV Choir concert 125.00 125.00 -
Visiting parties 35.65 35.65 -
Book sales - - 35
Coffee mornings and café 3,149.16 3,149.16 1,162
Zoyfest donation - - 144
Christingle 55.05 55.05 2
Carol singing 100.00 100.00 -
Tower Open days 79.00 79.00 -
Donations by card reader 658.52 - 658.52 51
2,595.94 5,106.89 - 7,702.83 5,125
Grants etc
Cost of Living Grants 900.00 900.00 -
Zoyland Heritage contribution 350.00 350.00 600
Bell ringers' donations - - 770
Heating contributions MOTL 225.00 225.00 -
1,475.00 - - 1,475.00 1,370
TOTAL Receipts 30,046.81 26,508
TOTAL Payments 31,984.71 27,590
Deficit/Surpus -1,937.90 -1,082
.
Memorandum: Debtors
G'bury MV choir concert contribution £125

ST MARY'S CHURCH WESTONZOYLAND

Registered Chariy Number 1171602

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022

Note
1 Other general income
Personal donations
Ringers
Visitor donations
EDF refund
Repaymentof duty fees and expenses
2 Miscellaneous expenses
Organist fees
Ringers fees
Independent Examiner's fee
3 Admin and sanctuary
Deanery subscription
FWO envelopes
CCLI fees
Wine and candles
Somerset churches subscription
National churches subscription
Ringers subscription
Youth magazine
Reader licence registration
Other stationery,printing etc
£ 2022
£
772.00
-
25.00
-
363.60
2021
-
-
-
440
-
1160.60 440
65.00
240.00
150.00
65
240
-
455.00 305
-
66.57
202.92
80.30
30.00
30.00
20.00
-
18.00
424.57
-
58
128
76
30
30
20
20
-
97
872.36 459

ST MARY'S CHURCH WESTONZOYLAND

Registered Charity Number 1171602

EXPENSES AND BALANCES FOR THE YEAR ENDED 31st DECEMBER 2022

Church Activities
Unrestricted
£
Parish Share
12,302.00
DBF Parochial fees
730.00
Electricity
2,665.20
Heating oil
2,717.74
Vicar's expenses
94.94
Other clergy duty fees
602.75
Miscellaneous (note 2)
455.00
Craft expenses
56.80
Admin and sanctuary (note 3)
872.36
Repairs and maintenance
1,127.65
Land Reg/Architect fees
-
Loan repayment
-
Fire protection and alarms
161.84
Insurance
2,215.84
Children's Society donations
-
Loan interest
-
Church hall expenses
-
Organ tuning etc
234.00
24,236.12
Reconciliation of Movement of Funds
Monetary assets b/f
15,322.74
Funds transfer
-3,630.27
Net receipts
494.80
Monetary assets c/f
12,187.27
Balances as at 1st January 2023
Lloyds General account
Roof account
Memorandum: Liabilities
Loan from Bath & Wells DBF
2021 Parish share
2022 Parish Share
Roof
Hall
2022
2021
£
£
£
£
12302.00
12,423
730.00
1,085
2665.20
1,501
2717.74
-
94.94
258
602.75
-
455.00
305
56.80
-
872.36
459
1127.65
2,323
-
615
6,000.00
6,000.00
3,000
161.84
402
2,215.84
2,120
-
200
74.59
74.59
53
1,674.00
1,674.00
2,204
234.00
642
6,074.59
1,674.00
31,984.71
27,590
-5,821.62
-
9,501.12
10,583.32
3,995.11
-364.84
-
-
-758.70
-1,674.00
-1,937.90
-1,082.20
-2,585.21
-2,038.84
7,563.22
9,501.12
£
6,114.08
1,449.14
7,563.22
£
£
1,000.00
7,000.00
7,151.00
10,000.00
Restricted Funds
2022
2021
£
£
12302.00
12,423
730.00
1,085
2665.20
1,501
2717.74
-
94.94
258
602.75
-
455.00
305
56.80
-
872.36
459
1127.65
2,323
-
615
6,000.00
3,000
161.84
402
2,215.84
2,120
-
200
74.59
53
1,674.00
2,204
234.00
642
2021
31,984.71
27,590
9,501.12
10,583.32
-
-
-1,937.90
-1,082.20
7,563.22
9,501.12

Independent Examiner's Certificate for the PCC Accounts Report lo the trustees of: W£s i Lktrlp Parochial Church Councll On accounis lor the year ended: 11 Q£L£M IQZZ Charity Number (rf appllcable): IIIItsDz Set out on pages ember to ih(, oa adrfrtl¢)nal sbtrtsl ON£ To Thi Lc Respectlve responslbllltles of tru8tee8 and examlner The charity's trustees are responsible for the preparation of Ihe accounts. The charity's trustees consider that an audit is not required for this year under seGtion 144 of the Charities Act 2011 (the Charilies Act) and that an irKlependent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to stste whether parts"cular matters have come to my attention. Basls of Independent My examinatlon was carried out in accordance with general Dlrectlons given by the examlnerfs statement Charity Commission. An examinalion includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also indudes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audil. and consequently no opinion is given as to whether the accounts presenl a 'true and fair. view and the report is limited to those matters set out in the ststement below. Independent examlnerfs In connectlon wlth my examlnation. no matter has come to my attention401ts9& statement 414Ld&￿") which gives me reasonable cause to believe that in. any material respect, accounting records were not kept in accordance wilh section 130 of the Ch8rilies Act or the accounts do nol accord with the accounting records I have come across no other matters in conneclion wilh the examination to which attention should be drawn in order to enable a proper understanding of the accounts lo bo roachod. . Ple8se delete the words in the br8ckels rf they do not apply. Signed: Date: £.1,1ts13 Name: Mrts RO3cMARY PotsJELL Relevant professlonal quallficatlon(8) or body (If any): 5Ta OF ISrPMI thj (￿1.@.A .). Address: fvl CR 6RiJfoL 8S3& lJ4 IER December 2017