TRUSTEES ANNUAL REVIEW 2023
ST TIMOTHY’S CHURCH, CROOKES
Objectives and activities
St Timothy’s Parochial Church Council (PCC) has the responsibility of promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, social and ecumenical.
St Timothy’s is part of The Diocese of Sheffield. The Diocese has been called to grow a sustainable network of Christ-like, lively, and diverse Christian communities in every place which are effective in making disciples and in seeking to transform our society and God’s world.
The PCC works towards the above Diocesan Mission Statement with its three strands: ‘Renewed, Released, Rejuvenated,’ and our Parish purpose statement ‘Passion for God. Compassion for People’
When planning our activities for the year, the incumbent and the PCC have considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.
Review of the year
Of great significance in 2023 was the formal acceptance by the PCC of a change in ministerial leadership to incorporate a Focal Ministry Team, and the appointment in May, of four Focal Ministers who, together with the vicar, share an overview of pastoral and spiritual leadership, including consulting with regards to, and articulating, the shared sense of vision and vocation for the parish.
The Sunday morning congregation has continued as the main focus of our shared worship as a parish community, as well as monthly Kids’ Church, and the Harbour evening service. The Harbour included explored some additional modes of worship, including Taize and times focused on prayer.
Midweek activities, including children and family’s activities, the Tuesday Social Club, and Wednesday Lunch Club, have continued. Youth activities, including times away, have proven fruitful for discipleship.
Future plans
With the establishment of Focal Ministry, the consideration now turns to improving our governance and decision-making structures and processes. This will allow greater support and accountability for paid and volunteer staff, as well as ensuring compliance and best practice. The Focal Ministry team, following a consultation with ministry leaders, will be taking a lead on Mission Action Planning.
Financial Review
Despite seeing an increase in voluntary giving across 2023, the church saw out the end of the church financial year with a deficit of £8,696 against a planned deficit of £30,306. There has been a negative movement against both unrestricted and restricted funds. This negative movement is a sign that the church needs to review and keep within expected budgets across the year. This will be discussed with budget holders formally throughout the following year. The church is unable to sustain losses at this level for a significant length of time and while it is a positive move that this was a positive result against a larger budgeted deficit it remains to be seen if this is an artefact of an overly conservative budget or growth elsewhere.
Income
St Timothy's received a total income of £199,985 in total during 2023 and is an increase of £14,979 over 2022 figures. This is largely driven by an increase in Training of £8,271 over 2022 although there has also been a small increase in voluntary giving as well.
Expenditure
St Timothy’s total expenditure for the year was £208,681, of which 33% related to our common fund giving, 29% on staffing and the remainder on our church activities, including the building and
upkeep, youth and children’s activities and governance costs. The bulk of expenditure is paid through our unrestricted funds.
The majority of expenditure is directly apportioned into budgets and held internally by budget holders to enable them to undertake and facilitate ministry in the Parish and beyond. Budget holders were repeatedly reminded of the planned deficit budget although we did see an overspend from the Youth and Children’s ministries of 27%. This will be monitored over 2024 to tighten budget controls ahead of further potential governance changes in 2025.
Overall expenditure is higher compared with previous year and the PCC will need to make decisions around the continue matching of salaries to the Real Living Minimum Wage which has led to significant increases in expenditure over previous years. The expected rise in utility rates was realised during 2023, and ongoing issues with the heating in the church will potentially lead to extraordinary costs in 2024/2025 dependent on the churches ability to maintain the current heating setup. We continue to monitor contracted costs and any variances to budgets closely, through the use of management accounts that are presented at PCC meetings where possible.
Maintenance costs for the church building and hall has risen from 2022 and is due to large repairs required in the sewerage system and ongoing guttering issues.
We continued to take collections for external organisations and distributed these as grants to
charities throughout the year.
NET Position and Balance
The overall net movement in funds was minus £8,696, unrestricted funds had a net loss of £4,322
and restricted funds a net loss of £4,374. As of 31 December 2023, the total funds held by St Timothy’s had a balance of £107,818, unrestricted funds had a balance of £83,137 and restricted funds a balance of £24,681.
Costs are forecasted to increase in 2025, especially around the heating of the church, which will impact our unrestricted funds position, we continually look at increasing income to support our activities.
Reserves Policy
With our charity designation, it is expected that there will always remain a balance on general funds to cover any emergency or required closure of the charity. This is a minimum of £30,000. The current amount in general funds at the end of 2023, is at a level that allows us to cover this eventuality if
required.
Note
It is with continued utmost thanks to George Boylin and Jackie Kieran that the finances of St Timothy’s are maintained and well administered. Without them, the we would be in a much poorer position.
St. Timothy’s Church, Crookes
St Timothy’s Church, Crookes
Financial Statements for the year ended 31 December 2023
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St. Timothy’s Church, Crookes
STATEMENT OF THE FINANCIAL ACTIVITES
For the year ended 31 December 2023
| Note INCOME FROM Voluntary Income 1 Other Voluntary Income Resources 2 Income for Church Activities 3 Activities for Generating Funds 4 Trading Income 5 Investment Income EXPENDITURE ON Charitable Giving Grants 6 Activities Directly Related to the Work of the Church 7 Church Hall 8 Salaries 9 Tuesday Social Club 10 Youth and Children’s Ministry 11 Church Management and Administration 12 Governance 13 Net (expenditure)/income Transfer between funds Total funds brought forward Total funds carried forward |
Unrestricted Funds Restricted Funds 2023 Total 2022 Total £ £ £ £ 142,895 3,657 146,552 144,398 1,150 4,365 5,515 4,600 606 269 875 2,020 15,477 8,406 23,883 19,364 23,077 - 23,077 14,806 83 - 83 |
|---|---|
| 183,288 16,697 199,985 185,188 |
|
| - 1,022 1,022 3,510 73,372 10,307 83,679 78,066 9,765 - 9,765 9,013 55,435 6,055 61,490 48,445 1,506 1,717 3,223 1,007 10,856 1,970 12,826 7,872 31,291 - 31,291 22,394 5,385 - 5,385 4,762 |
|
| 187,610 21,071 208,681 175,069 |
|
| (4,322) (4,374) (8,696) 10,119 - - - - 87,459 29,055 116,514 106,395 |
|
| 83,137 24,681 107,818 116,514 |
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St. Timothy’s Church, Crookes
BALANCE SHEET
As at 31 December 2023
| Note Current Assets Cash at bank and in hand Debtors 14 Total Assets Creditors Amount due within 1 year 15 Net Assets Funds 16 Natter Asha Organ Lighting Defibrillator Assigned Fees Charitable Giving Community Hub – COVID 19 Xmas Tree Festival Eco Projects Toddlers Wednesday Lunch Club Halls (Designated) General (Unrestricted) |
Unrestricted Funds Restricted Funds 2023 Total 2022 Total £ £ £ £ 79,204 25,272 104,476 116,872 4,308 - 4,308 1,506 83,512 25,272 108,784 118,378 |
|---|---|
| (375) (591) (966) (1,864) |
|
| 83,137 24,681 107,818 116,514 |
|
| - 1,301 1,301 3,981 - 1,824 1,824 1,480 - 2,483 2,483 2,483 - - - - - 667 667 667 - 269 269 128 - 2,280 2,280 211 - 2,648 2,648 2,648 - - - - 3,800 6,232 2,361 816 3,800 6,232 2,361 816 2,201 6,232 2,949 6,075 40,850 - 40,850 27,538 42,287 - 42,287 59,921 |
|
| 83,137 24,681 107,818 116,514 |
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St. Timothy’s Church, Crookes
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2023
1 VOLUNTARY INCOME
| Planned Giving Collections at Services Donations Gift Aid Total |
Unrestricted £ Restricted £ 2023 Total £ 2022 Total £ 109,157 230 109,387 108,649 1,919 2,316 4,235 3,038 7,194 1,111 8,305 10,122 24,625 - 24,625 22,589 |
|---|---|
| 142,895 3,657 146,552 144,398 |
2 OTHER VOLUNTARY INCOME
| Grants Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 1,150 4,365 5,515 4,600 |
|---|---|
| 1,150 4,365 5,515 4,600 |
3 INCOME FOR CHURCH ACTIVITIES
| Funerals and Weddings Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 606 269 875 2,020 |
|---|---|
| 606 269 875 2,020 |
4 ACTIVITIES FOR GENERATING FUNDS
| Youth and Children Tuesday Social Club Church Activities Wednesday Lunch Club Building Projects Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 11,214 1,382 12,596 10,513 1,095 3,232 4,327 1,048 1,366 - - 3,792 1,366 3,792 2,990 4,813 1,802 - 1,802 |
|---|---|
| 15,477 8,406 23,883 19,364 |
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St. Timothy’s Church, Crookes
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2023
5 TRADING INCOME
| TRADING INCOME | |
|---|---|
| Hall Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 23,077 - 23,077 14,806 |
| 23,077 - 23,077 14,806 |
6 CHARITABLE GIVING GRANTS
| CHARITABLE GIVING GRANTS | |
|---|---|
| Assist Sheffield Women’s Asha Disasters Emergency Committee Christian Aid A Rocha UK Snow Project Church Mission Tearfund S6 Foodbank Ukraine Appeal Trussell Trust Other RBL Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ - 67 67 124 - 274 274 - - - - 1,489 - 252 252 - - 173 173 167 - - - 219 - - - 312 - 86 86 137 - - - 105 107 107 422 - - - 83 - - - 256 - 63 63 112 - - - 84 |
| - 1,022 1,022 3,510 |
7 ACTIVITIES DIRECTLY RELATED TO THE WORK OF THE CHURCH
| Common Fund Giving Church Event Costs Assigned Fees Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 70,000 - 70,000 70,000 3,372 10,179 13,551 7,919 - 128 128 147 |
|---|---|
| 73,372 10,307 83,679 78,066 |
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St. Timothy’s Church, Crookes
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2023
8 CHURCH HALL
| 8 CHURCH HALL | |
|---|---|
| Maintenance Broadband Subscriptions Utilities Insurance Total 9 SALARIES Administration Church Cleaning Youth Wednesday Lunch Club Halls Natter National Insurance & Pension Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 1,705 - 1,705 3,858 481 - 481 62 - - - - 4,835 - 4,835 3,313 2,744 - 2,744 1,780 |
| 9,765 - 9,765 9,013 |
|
| Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 9,996 - 9,996 9,611 2,812 - 2,812 3,554 29,783 - 29,783 21,421 - 3,375 3,375 2,501 6,679 - 6,679 5,482 - 2,680 2,680 684 6,165 - 6,165 5,192 |
|
| 55,435 6,055 61,490 48,445 |
| 10 TUESDAY SOCIAL CLUB | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | 2023 Total | 2022 Total | |
| £ | £ | £ | £ | |
| Cost of events | 1,506 | 1,717 | 3,223 | 1,007 |
| Total | 1,506 | 1,717 | 3,223 | 1,007 |
| 11 YOUTH AND CHILDREN’S MINISTRY | ||||
| Unrestricted | Restricted | 2023 Total | 2022 Total | |
| £ | £ | £ | £ | |
| Children & Youth cost of events | 10,856 | 1,970 | 12,826 | 7,872 |
| Total | 10,856 | 1,970 | 12,826 | 7,872 |
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St. Timothy’s Church, Crookes
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2023
12 CHURCH MANAGEMENT AND ADMINISTRATION
| Clergy and Vicarage Costs Training Administrative Costs Maintenance and Upkeep Insurance Utilities Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 1,184 - 1,184 2,014 350 - 350 660 5,617 - 5,617 3,763 17,252 - 17,252 10,015 2,744 - 2,744 3,251 4,144 - 4,144 2,691 |
|---|---|
| 31,291 - 31,291 22,394 |
| 13 GOVERNANCE Accountancy Fees Payroll Fees Audit Fee Professional Fees Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 4,500 - 4,500 4,125 510 - 510 287 375 - 375 350 - - - - |
|---|---|
| 5,385 - 5,385 4,762 |
| 14 DEBTORS Trade Debtors Other Debtors Accrued Income Total 15 CREDITORS Creditors due within one year Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 103 - 103 634 1,125 - 1,125 - 3,080 - 3,080 872 |
|---|---|
| 4,308 - 4,308 1,506 |
|
| Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ (375) (591) (966) (1,864) |
|
| (375) (591) (966) (1,864) |
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St. Timothy’s Church, Crookes
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2023
16 RECONCILIATION OF FUND BALANCE
| Natter Asha Organ Defibrillator Assigned Fees Charitable Giving Community Hub - Covid 19 Xmas Tree Festival Eco Projects Toddlers Wednesday Lunch Club Halls General Fund Total |
Balance b/f £ Income £ Expenditure £ Balance c/f £ 3,981 - (2,680) 1,301 1,480 344 - 1,824 2,483 - - 2,483 667 - - 667 128 269 (128) 269 211 3,091 (1,022) 2,280 2,648 - - 2,648 2,201 6,232 2,949 6,075 3,317 - 1,382 8,294 (1,718) - (1,970) (13,553) 3,800 6,232 2,361 816 27,538 23,077 (9,765) 40,850 59,921 160,211 (177,845) 42,287 |
|---|---|
| 116,514 199,985 (208,681) 107,818 |
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St. Timothy’s Church, Crookes
17 PRIOR YEAR SOFA FOR THE YEAR ENDED 31 DECEMBER 2022
| Note INCOME FROM Voluntary Income 1 Other Voluntary Income Resources 2 Income for Church Activities 3 Activities for Generating Funds 4 Trading Income 5 EXPENDITURE ON Charitable Giving Grants 6 Activities Directly Related to the Work of the Church 7 Church Hall 8 Salaries 9 Tuesday Social Club 10 Youth and Children’s Ministry 11 Church Management and Administration 12 Governance 13 Net (expenditure)/income Transfer between funds Total funds brought forward Total funds carried forward |
Unrestricted Funds Restricted Funds 2022 Total 2021 Total £ £ £ £ 141,527 2,871 144,398 149,134 - 4,600 4,600 5,489 1,736 284 2,020 2,231 10,857 8,507 19,364 10,348 14,806 - 14,806 8,038 |
|---|---|
| 168,926 16,262 185,188 175,240 |
|
| - 3,510 3,510 4,193 73,770 4,296 78,066 85,336 9,013 - 9,013 4,795 45,260 3,185 48,445 40,000 575 432 1,007 1,669 7,711 161 7,872 11,212 17,126 5,268 22,394 20,956 4,762 - 4,762 5,566 |
|
| 158,217 16,852 175,069 173,727 |
|
| 10,709 (590) 10,119 1,513 - - - - 76,750 29,645 106,395 104,882 |
|
| 87,459 29,055 116,514 106,395 |
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St. Timothy’s Church, Crookes
18 PRIOR YEAR BALANCE SHEET FOR THE YEAR ENDING 31 DECEMBER
| Note Current Assets Cash at bank and in hand Debtors 14 Total Assets Creditors Amount due within 1 year 15 Net Assets Funds 16 Natter Asha Organ Lighting Defibrillator Assigned Fees Charitable Giving Community Hub – COVID 19 Xmas Tree Festival Eco Projects Toddlers Wednesday Lunch Club Halls (Designated) General (Unrestricted) |
Unrestricted Funds Restricted Funds 2022 Total 2021 Total £ £ £ £ 87,226 29,646 116,872 110,847 1,506 - 1,506 5,603 88,732 29,646 118,378 116,450 |
|---|---|
| (1,273) (591) (1,864) (10,055) |
|
| 87,459 29,055 116,514 106,395 |
|
| - 3,981 3,981 4,665 - 1,480 1,480 1,989 - 2,483 2,483 2,483 - - - 1,500 - 667 667 667 - 128 128 (9) - 211 211 441 - 2,648 2,648 2,648 - - - - 2,201 6,232 2,949 6,075 2,201 6,232 2,949 6,075 150 10,000 1,712 3,399 27,538 - 27,538 21,745 59,921 - 59,921 55,005 |
|
| 87,459 29,055 116,514 106,395 |
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St. Timothy’s Church, Crookes
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
| Report to the trustees On accounts for the year ended |
Charity Name THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST TIMOTHY'S CROOKES |
Charity Name THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST TIMOTHY'S CROOKES |
|---|---|---|
| 31 December 2023 Charity no (if any) |
1172252 |
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2023 .
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
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St. Timothy’s Church, Crookes
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
----- Start of picture text -----
Date: 1.4.24
Signed:
Name: Judith McCoy – JSM Accounting Services Limited
Address: 32 Clough Grove
Oughtibridge
Sheffield
----- End of picture text -----
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St. Timothy’s Church, Crookes
St Timothy’s Church, Crookes
Financial Statements for the year ended 31 December 2023
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St. Timothy’s Church, Crookes
STATEMENT OF THE FINANCIAL ACTIVITES
For the year ended 31 December 2023
| Note INCOME FROM Voluntary Income 1 Other Voluntary Income Resources 2 Income for Church Activities 3 Activities for Generating Funds 4 Trading Income 5 Investment Income EXPENDITURE ON Charitable Giving Grants 6 Activities Directly Related to the Work of the Church 7 Church Hall 8 Salaries 9 Tuesday Social Club 10 Youth and Children’s Ministry 11 Church Management and Administration 12 Governance 13 Net (expenditure)/income Transfer between funds Total funds brought forward Total funds carried forward |
Unrestricted Funds Restricted Funds 2023 Total 2022 Total £ £ £ £ 142,895 3,657 146,552 144,398 1,150 4,365 5,515 4,600 606 269 875 2,020 15,477 8,406 23,883 19,364 23,077 - 23,077 14,806 83 - 83 |
|---|---|
| 183,288 16,697 199,985 185,188 |
|
| - 1,022 1,022 3,510 73,372 10,307 83,679 78,066 9,765 - 9,765 9,013 55,435 6,055 61,490 48,445 1,506 1,717 3,223 1,007 10,856 1,970 12,826 7,872 31,291 - 31,291 22,394 5,385 - 5,385 4,762 |
|
| 187,610 21,071 208,681 175,069 |
|
| (4,322) (4,374) (8,696) 10,119 - - - - 87,459 29,055 116,514 106,395 |
|
| 83,137 24,681 107,818 116,514 |
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St. Timothy’s Church, Crookes
BALANCE SHEET
As at 31 December 2023
| Note Current Assets Cash at bank and in hand Debtors 14 Total Assets Creditors Amount due within 1 year 15 Net Assets Funds 16 Natter Asha Organ Lighting Defibrillator Assigned Fees Charitable Giving Community Hub – COVID 19 Xmas Tree Festival Eco Projects Toddlers Wednesday Lunch Club Halls (Designated) General (Unrestricted) |
Unrestricted Funds Restricted Funds 2023 Total 2022 Total £ £ £ £ 79,204 25,272 104,476 116,872 4,308 - 4,308 1,506 83,512 25,272 108,784 118,378 |
|---|---|
| (375) (591) (966) (1,864) |
|
| 83,137 24,681 107,818 116,514 |
|
| - 1,301 1,301 3,981 - 1,824 1,824 1,480 - 2,483 2,483 2,483 - - - - - 667 667 667 - 269 269 128 - 2,280 2,280 211 - 2,648 2,648 2,648 - - - - 3,800 6,232 2,361 816 3,800 6,232 2,361 816 2,201 6,232 2,949 6,075 40,850 - 40,850 27,538 42,287 - 42,287 59,921 |
|
| 83,137 24,681 107,818 116,514 |
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St. Timothy’s Church, Crookes
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2023
1 VOLUNTARY INCOME
| Planned Giving Collections at Services Donations Gift Aid Total |
Unrestricted £ Restricted £ 2023 Total £ 2022 Total £ 109,157 230 109,387 108,649 1,919 2,316 4,235 3,038 7,194 1,111 8,305 10,122 24,625 - 24,625 22,589 |
|---|---|
| 142,895 3,657 146,552 144,398 |
2 OTHER VOLUNTARY INCOME
| Grants Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 1,150 4,365 5,515 4,600 |
|---|---|
| 1,150 4,365 5,515 4,600 |
3 INCOME FOR CHURCH ACTIVITIES
| Funerals and Weddings Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 606 269 875 2,020 |
|---|---|
| 606 269 875 2,020 |
4 ACTIVITIES FOR GENERATING FUNDS
| Youth and Children Tuesday Social Club Church Activities Wednesday Lunch Club Building Projects Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 11,214 1,382 12,596 10,513 1,095 3,232 4,327 1,048 1,366 - - 3,792 1,366 3,792 2,990 4,813 1,802 - 1,802 |
|---|---|
| 15,477 8,406 23,883 19,364 |
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St. Timothy’s Church, Crookes
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2023
5 TRADING INCOME
| TRADING INCOME | |
|---|---|
| Hall Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 23,077 - 23,077 14,806 |
| 23,077 - 23,077 14,806 |
6 CHARITABLE GIVING GRANTS
| CHARITABLE GIVING GRANTS | |
|---|---|
| Assist Sheffield Women’s Asha Disasters Emergency Committee Christian Aid A Rocha UK Snow Project Church Mission Tearfund S6 Foodbank Ukraine Appeal Trussell Trust Other RBL Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ - 67 67 124 - 274 274 - - - - 1,489 - 252 252 - - 173 173 167 - - - 219 - - - 312 - 86 86 137 - - - 105 107 107 422 - - - 83 - - - 256 - 63 63 112 - - - 84 |
| - 1,022 1,022 3,510 |
7 ACTIVITIES DIRECTLY RELATED TO THE WORK OF THE CHURCH
| Common Fund Giving Church Event Costs Assigned Fees Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 70,000 - 70,000 70,000 3,372 10,179 13,551 7,919 - 128 128 147 |
|---|---|
| 73,372 10,307 83,679 78,066 |
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St. Timothy’s Church, Crookes
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2023
8 CHURCH HALL
| 8 CHURCH HALL | |
|---|---|
| Maintenance Broadband Subscriptions Utilities Insurance Total 9 SALARIES Administration Church Cleaning Youth Wednesday Lunch Club Halls Natter National Insurance & Pension Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 1,705 - 1,705 3,858 481 - 481 62 - - - - 4,835 - 4,835 3,313 2,744 - 2,744 1,780 |
| 9,765 - 9,765 9,013 |
|
| Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 9,996 - 9,996 9,611 2,812 - 2,812 3,554 29,783 - 29,783 21,421 - 3,375 3,375 2,501 6,679 - 6,679 5,482 - 2,680 2,680 684 6,165 - 6,165 5,192 |
|
| 55,435 6,055 61,490 48,445 |
| 10 TUESDAY SOCIAL CLUB | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | 2023 Total | 2022 Total | |
| £ | £ | £ | £ | |
| Cost of events | 1,506 | 1,717 | 3,223 | 1,007 |
| Total | 1,506 | 1,717 | 3,223 | 1,007 |
| 11 YOUTH AND CHILDREN’S MINISTRY | ||||
| Unrestricted | Restricted | 2023 Total | 2022 Total | |
| £ | £ | £ | £ | |
| Children & Youth cost of events | 10,856 | 1,970 | 12,826 | 7,872 |
| Total | 10,856 | 1,970 | 12,826 | 7,872 |
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St. Timothy’s Church, Crookes
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2023
12 CHURCH MANAGEMENT AND ADMINISTRATION
| Clergy and Vicarage Costs Training Administrative Costs Maintenance and Upkeep Insurance Utilities Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 1,184 - 1,184 2,014 350 - 350 660 5,617 - 5,617 3,763 17,252 - 17,252 10,015 2,744 - 2,744 3,251 4,144 - 4,144 2,691 |
|---|---|
| 31,291 - 31,291 22,394 |
| 13 GOVERNANCE Accountancy Fees Payroll Fees Audit Fee Professional Fees Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 4,500 - 4,500 4,125 510 - 510 287 375 - 375 350 - - - - |
|---|---|
| 5,385 - 5,385 4,762 |
| 14 DEBTORS Trade Debtors Other Debtors Accrued Income Total 15 CREDITORS Creditors due within one year Total |
Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ 103 - 103 634 1,125 - 1,125 - 3,080 - 3,080 872 |
|---|---|
| 4,308 - 4,308 1,506 |
|
| Unrestricted Restricted 2023 Total 2022 Total £ £ £ £ (375) (591) (966) (1,864) |
|
| (375) (591) (966) (1,864) |
7 | P a g e
St. Timothy’s Church, Crookes
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2023
16 RECONCILIATION OF FUND BALANCE
| Natter Asha Organ Defibrillator Assigned Fees Charitable Giving Community Hub - Covid 19 Xmas Tree Festival Eco Projects Toddlers Wednesday Lunch Club Halls General Fund Total |
Balance b/f £ Income £ Expenditure £ Balance c/f £ 3,981 - (2,680) 1,301 1,480 344 - 1,824 2,483 - - 2,483 667 - - 667 128 269 (128) 269 211 3,091 (1,022) 2,280 2,648 - - 2,648 2,201 6,232 2,949 6,075 3,317 - 1,382 8,294 (1,718) - (1,970) (13,553) 3,800 6,232 2,361 816 27,538 23,077 (9,765) 40,850 59,921 160,211 (177,845) 42,287 |
|---|---|
| 116,514 199,985 (208,681) 107,818 |
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St. Timothy’s Church, Crookes
17 PRIOR YEAR SOFA FOR THE YEAR ENDED 31 DECEMBER 2022
| Note INCOME FROM Voluntary Income 1 Other Voluntary Income Resources 2 Income for Church Activities 3 Activities for Generating Funds 4 Trading Income 5 EXPENDITURE ON Charitable Giving Grants 6 Activities Directly Related to the Work of the Church 7 Church Hall 8 Salaries 9 Tuesday Social Club 10 Youth and Children’s Ministry 11 Church Management and Administration 12 Governance 13 Net (expenditure)/income Transfer between funds Total funds brought forward Total funds carried forward |
Unrestricted Funds Restricted Funds 2022 Total 2021 Total £ £ £ £ 141,527 2,871 144,398 149,134 - 4,600 4,600 5,489 1,736 284 2,020 2,231 10,857 8,507 19,364 10,348 14,806 - 14,806 8,038 |
|---|---|
| 168,926 16,262 185,188 175,240 |
|
| - 3,510 3,510 4,193 73,770 4,296 78,066 85,336 9,013 - 9,013 4,795 45,260 3,185 48,445 40,000 575 432 1,007 1,669 7,711 161 7,872 11,212 17,126 5,268 22,394 20,956 4,762 - 4,762 5,566 |
|
| 158,217 16,852 175,069 173,727 |
|
| 10,709 (590) 10,119 1,513 - - - - 76,750 29,645 106,395 104,882 |
|
| 87,459 29,055 116,514 106,395 |
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St. Timothy’s Church, Crookes
18 PRIOR YEAR BALANCE SHEET FOR THE YEAR ENDING 31 DECEMBER
| Note Current Assets Cash at bank and in hand Debtors 14 Total Assets Creditors Amount due within 1 year 15 Net Assets Funds 16 Natter Asha Organ Lighting Defibrillator Assigned Fees Charitable Giving Community Hub – COVID 19 Xmas Tree Festival Eco Projects Toddlers Wednesday Lunch Club Halls (Designated) General (Unrestricted) |
Unrestricted Funds Restricted Funds 2022 Total 2021 Total £ £ £ £ 87,226 29,646 116,872 110,847 1,506 - 1,506 5,603 88,732 29,646 118,378 116,450 |
|---|---|
| (1,273) (591) (1,864) (10,055) |
|
| 87,459 29,055 116,514 106,395 |
|
| - 3,981 3,981 4,665 - 1,480 1,480 1,989 - 2,483 2,483 2,483 - - - 1,500 - 667 667 667 - 128 128 (9) - 211 211 441 - 2,648 2,648 2,648 - - - - 2,201 6,232 2,949 6,075 2,201 6,232 2,949 6,075 150 10,000 1,712 3,399 27,538 - 27,538 21,745 59,921 - 59,921 55,005 |
|
| 87,459 29,055 116,514 106,395 |
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St. Timothy’s Church, Crookes
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
| Report to the trustees On accounts for the year ended |
Charity Name THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST TIMOTHY'S CROOKES |
Charity Name THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST TIMOTHY'S CROOKES |
|---|---|---|
| 31 December 2023 Charity no (if any) |
1172252 |
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2023 .
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
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St. Timothy’s Church, Crookes
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
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Date: 1.4.24
Signed:
Name: Judith McCoy – JSM Accounting Services Limited
Address: 32 Clough Grove
Oughtibridge
Sheffield
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