## **Annual Report** St. Mary’s Coventry 2024 **==> picture [264 x 263] intentionally omitted <==** ## Table of Contents **Vicars Report................................................. 1 Goods, Fabric and Ornaments.............................3 Eco-Church Report.......................................... 3 Foundation Governors Report.............................4 Churchwardens Report..................................... 5 Safeguarding Report........................................ 5 Bell Ringers Report...................................................... 5 Treasurer's Report...........................................6 Annual Accounts............................................. 7** ## **Vicars Report** As we reflect upon the progress and endeavours of the past year, it's remarkable to see the growth and transformation within our church community. At the previous year's APCM, my report encompassed only six months of my tenure and the nascent initiatives we had then. Since then, the journey has been dynamic and eventful, marked by numerous significant developments and achievements. ## _Vision and Direction_ One of the paramount initiatives undertaken by the PCC this year has been the articulation of a compelling vision for our community. Our vision, "Growing Love and Faith that Transforms Lives," embodies our collective aspirations and values. Rooted in principles of Welcoming, Fun, Generosity, and Affirmation, our priorities focus on nurturing Young People, fostering Small Groups, and creating Irresistible Environments for spiritual growth. This visionary framework guides our path forward, anchoring our collective efforts and aspirations. ## _Engagement with Schools_ Over the past year, our engagement with local schools has been both deep and multifaceted. Through regular visits, service deliveries, faith-based clubs, and collaborative events, we've strengthened our ties with the school community. From organising special services to supporting staff through pastoral challenges, our presence within the school ecosystem has been impactful and meaningful. ## _Youth_ Our youth initiatives have witnessed remarkable growth and innovation. By revamping our approach to incorporate both spiritual and social dimensions, we've seen a significant surge in youth participation. Personalised outreach efforts have resulted in a substantial increase in attendance, with our youth gatherings now welcoming between 30-40 young individuals. Furthermore, our collaboration with external organisations like Thrive Youth Ministries has enriched our youth programs, laying the groundwork for even more ambitious endeavours in the future. ## _Family Outreach and Small Groups_ The establishment of regular small groups and initiatives like Lego Church has provided invaluable avenues for family engagement and community building. Through these platforms, we've witnessed the blossoming of 1 friendships and spiritual connections, fostering a sense of belonging and mutual support within our congregation. Our Small groups have included Connect3, The Chosen Small Group, Eco-Church. Lent saw new small groups emerge to help people in their lenten journey. These groups were The Lectio Course, Alpha Course, a group studying the gospel of John, and a Celtic Spirituality group. ## _Infrastructure and Organisational Enhancements_ Efforts to enhance our church environment and streamline organisational processes have been underway. Collecting feedback from our congregation, we're diligently working towards implementing improvements that encompass technology, accessibility, and doing things to help achieve our vision for the church. Additionally, organisational restructuring efforts have been initiated, aimed at optimising our operational efficiency and effectiveness. This includes advertising for a new job called _Operations Assistant_ and we are trying to obtain funding for various _Community Builder_ roles. ## _Interdenominational Collaboration_ In pursuit of fostering unity and collaboration within the broader Christian community, we've embarked on initiatives like monthly meetings with Baptist & Catholic ministers and joint worship services. These endeavours have not only deepened our bonds with fellow believers but also enriched our understanding of collective mission and purpose. ## _Community Engagement and Outreach Events_ From the resounding success of our Christmas celebrations to the inaugural Heritage Day, our community engagement events have been met with enthusiastic participation and positive feedback. These occasions serve as invaluable opportunities for outreach and relationship-building, furthering our mission of inclusivity and outreach. ## _Pastoral Responsibilities and Personal Development_ Amidst these endeavours, I've remained committed to fulfilling pastoral responsibilities, including officiating funerals and participating in various training programs and professional development opportunities. Additionally, efforts to strengthen safeguarding protocols and enhance our pastoral care capabilities remain ongoing priorities. ## _Conclusion_ As we conclude this year's report, it's evident that we've made significant strides in advancing our collective mission and vision. The dedication, passion, and collaborative spirit exhibited by our congregation have been 2 instrumental in propelling us forward. As we look ahead to the coming year, I'm filled with optimism and anticipation for the continued growth and impact of our church community. Together, let us embrace the opportunities and challenges that lie ahead, united in our commitment to fostering love, faith, and transformation within our midst. ## **Goods, Fabric and Ornaments** Routine maintenance has been carried out throughout the year in both the church and the centre. The organ was tuned and maintained at a cost of £178, the fire extinguishers checked at a cost of £148 and the burglar alarm serviced at a cost of £334. Minor repairs and maintenance including to the tower clock have been carried out by Ross Spall and Mervyn Hancox. Gary Croshaw has continued with churchyard maintenance and Steven Proctor has taken over the care of the flower border by the offices. PCC is grateful for the efforts of all volunteers. The Secretary’s office has been decorated by Mervyn Hancox and reorganised with the disposal of the old duplicating and sorting machines which have been replaced by a purchased colour copier/printer. The other office has been repurposed as a prayer room with lighting and wall decoration. A new PC and laptop have been purchased along with temporary ramps for chancel and Vicarage access. A new white burse was made and donated by Elizabeth Hewitt, Clive Wooff’s sister and put straight into service at Christmas. A major lead theft from the Octagon roof occurred in April and caused damage to roof tiles and guttering as well. In October the front glass doors to the centre were damaged in an attempted unsuccessful break in. Insurance claims were made for both of these incidents and whilst the door glass was replaced in November the roof work was still outstanding at the end of the year. _Barbara Hancox and Jean Hudson_ ## **Eco-Church Report** The Eco Church group currently has six regular members who meet on the 3rd Thursday of each month at 7.45pm, usually at the Vicarage. We have been meeting for approximately a year. Our aim for this year has been to reach the Bronze award of the A Rocha Eco Church programme 3 We have now worked through all the questions on the A Rocha Eco Church survey in the five areas; “Worship and Teaching”, “Buildings”, “Land”, “Community and Global Engagement” and “Lifestyle”. We are Bronze level or higher in all areas except “Land”. We aim to meet the Bronze criteria by organising a church work afternoon on 5th May 2024 to build a compost bin, plant some wild flowers and create some stocked bird feeding stations. Once these have been completed, we will be able to apply for the Bronze award. We have run a number of environmentally-themed services and events in - the last year an environment-themed service in Creationtide at the end of Aug 2023, Crafty Christmas in Dec 2023 and a vegan breakfast at the end of Jan 2024. We have also actively promoted other national events such as “The Big Plastic Count” and “Earth Hour”. In addition to this, I have joined the Diocese Environmental Group (DEG) and have become the Deanery Environmental Rep (DER) for the Coventry East Deanery. The DEG gives an insight into work happening across the Coventry Diocese as regards Eco Church, net zero projects, rewilding etc. As DER, my role is to pass relevant information on to the parishes in this Deanery. I also attended a Carbon Literacy whole day course at the new Samaritan’s Purse International centre, which is located in our parish. ## _Debbie Cook_ ## **Foundation Governors Report** I have been a Foundation governor at Walsgrave CE Academy since Jan 2023. In Sep 2023 I became the Chair of the Governing Committee. We were - successful in recruiting a second Foundation governor Amy Barker, one of the Baptist Ministers at Walsgrave Baptist Church joined the committee in early 2024. The links between the church and school continue to grow; with Rev Tom leading weekly assemblies, running a Lego faith club, taking a number of RE lessons and welcoming the school children for services at Harvest, Christmas and Easter. Rev Tom has increased the number of services at each time of year so the church is able to accomodate any parents who wish to attend as well as the students and staff of the school. Additionally, at one of the Easter services the “Always Me” group came to join in too. ## _Debbie Cook_ 4 ## **Churchwardens Report** The church can only operate with the assistance of the volunteers who perform a variety of tasks, week in and week out. Thanks go to Colin Gardner for playing for us, Gillian Tompsett who assists Sue Williams in the office on a Thursday morning and who also helps Valerie Ekin arrange the flowers, Clive Wooff for standing in as warden when required, Norris Poon our sacristan and bellringer and those on the serving team along with all who are on the Cleaning, Welcome, Reading, Intercessions and Coffee Rotas. Barbara Hancox and Jean Hudson ## **Safeguarding Report** I formally took over as Safeguarding Officer for St Mary’s just prior to the last APCM; before that, the role had been fulfilled by Barbara Hancox. Part of my duties as Safeguarding Officer involve ensuring that the safeguarding policies, procedures and strategies used at St Mary’s conform to the latest legal standards and are also in compliance with procedures in place at a diocesan level. As part of this, I delivered safeguarding training to PCC members. During the year, I have worked closely with Reverend Tom and with the Diocesan Safeguarding Team to ensure that any safeguarding concerns which arose were dealt with in a timely and appropriate manner. Details of such concerns cannot be widely shared, but the number of concerns raised throughout the year was thankfully small. I would like to extend my thanks to everyone at St Mary’s who has supported me in undertaking this role, and also to take this opportunity to remind us all that to be effective, safeguarding must be everyone’s responsibility. Please feel free to contact me if you have any concerns, even if you believe – them to be minor over-reporting is safer than under-reporting. My contact details are on the safeguarding noticeboard. _Ste Baker._ ## **Bell Ringers Report** Ringing has continued at St Mary’s and we have been able to support service ringing and weddings as required. We are also chiming during Sunday service. St Mary’s currently have 3 ringers. We are currently training 5 new ringers who have expressed an interest in ringing. We have a lot of support from 5 ringers from other towers and we are extremely grateful for their time and efforts. We had a very successful display for Heritage Weekend and had a number of visitors ask about the bells and have a go at ringing. A number of quarter peals have been rung. We have had a number of ropes repaired and some of these have installed in the tower and we have some spares. With training new ringers we have haad some broken stays, these have been replaced as required. We are hopeful that the St Mary’s ringers will be able to continue ringing and attract more members over the coming year. Our practice is on Monday – evenings from 7:30 9:00 pm. If anyone aged from 10 upwards would like to try bell ringing, please contact Bill Kelly or Norris Poon and make arrangements to come along, you will be most welcome. ## **Treasurer's Report** I am sorry to have to report that we ended the year with a deficit of just under £2,000 as opposed to a surplus of £10,000 last year, largely as a result of increased utility charges and new equipment purchases. The planned giving by the congregation is the foundation of our finances and despite the difficult times it would be good for the church if people could review their level of giving to increase our income. Thank you very much to all who have given donations, those committed to regular giving and to everyone who has increased their giving during the year. On a personal note, I am now standing down as Treasurer and would like to thank everybody for their support over the years, so if you would like to find out more about giving through the Parish Giving Scheme or by standing order, please have a word with Clive Wooff who is taking over the Treasurer’s role. Mervyn Hancox 6 Annual Accounts THE PAROCHLIL CHtIiCH COIThCIL OF THE EC'CLESIASTICAL PARISH OF ST IIARY'S II"ALSGIUI LNCOIIE .￿￿]) EXPENI)trtliE ACCOITh FOR THE EI])ED 31 DECE)IBER 2023 l-nrestricted Fllllds Restricted Fullds EDdoii'ment Fullds Total Fullds 2023 2022 Ineomlllg resoui'ees Jllcon]in2 resoiwces frotn donors 57.881 48.669 Oth¢T income Ib 15.458 Ins'esttllenr uieotiie 1¢ Tote 179 Christmas faiTe 77.631 Expell5e5 Chiuch 2nd celltre iipkeq) ?8.003 Parish Share 49.500 49.fjoo 41.0 sundn.es 16.4:1 16.SSO ch￿]tieS 768 Tra￿￿ferS Profil for tbe i'eaT 1.957 THE PAROCKLAL CHtIiCH COlThCtL OF THE ECCLEStASTIC"AL PARISH OF ST ItARY'S M"ALSGIL41 OTES TO THE ACCOIThTS FOR THE YEAR E￿￿ED 31 DECEIIBER 2023 Inreslricted Funds Re5tricied Fund5 Total Funds 2023 2022 FuDds l. In¢0m￿O resources la Incoming resouA'¢es fi'om doDOI'S PL2twed . tunerals etc Fundraisjllg projects Frielldsl]ip Gxow) Hut of etntrt Cotfte Club fiscellatteous Enei_gy Out 7.486 4.091 11.320 loo 47 i)0 684 684 1.3:8 4si Ir Ius-estmeDt illrorne Baith- aiid Biiilding Society intertsl Celltral Board ot Fillaact Charities Othci&l Fund Fund5Neni"ork rtill3"esttd income Fund5Neni"ork profits on digposal 785 78 13 641 977 1.489 613 418 643 518 2. Chureb alld centre Upkeep Aitat reqiiisites Bell tlli(Ters Cleanui Cler￿. ¢Tp¢n5¢5 F¢¢% ro di0¢¢5¢ Insiwan¢¢5 Li2ht and heat Orgallisr and miisic Prilltin?. b￿kS alld postatse Rtpairs alld ￿2]nte￿a￿Ce Secretary Teltphone 38? 1.046 481 480 399 1.046 Tr4 1.307 3.146 6.434 630 1.708 -368 5.06? 1.63% 1.30" 3.146 6.434 630 3.3£1 664 1.708 1.708 4.633 1.377 ?.368 1.63% Water th￿.(￿e 8SI 881 941 TKE PAROCHtAL CHt]iCH COIThCIL OF THE EC'CLESL4STIC.4L P.4RISH OF ST ILIRI"'S SIALSGRAI BALLNCE SKEET AS AT 31 DECE)tBER 2023 2023 2022 T*ngAblÈ Assets Q4Èt book i-8lu*) Eqiiipjntnr. fiKtrure5 and fittings 1.:86 1.714 Celltral Boatd of F￿an¢t Cbariiies Official Ins"estn]ellt Fund 14ee Ixote beloii'l ?.000 1.£77 l.fj77 173.804 Coi"entry Buildjn? Society 30.£04 ?06.450 207.100 Cun'tllt Asstis attd Ll#b511tles B2]JL" athd ca Si￿th￿. dtbto Sujthy credit0I5 3.$15 8(X) (440 4.fj96 798 3.86£ 4.844 -Nei Asset5 ?1.1.6£8 Funds Unrestricted R¢sriicttd 706.839 208.367 (M)0 000 14.6£S The llii-esnntnr iti the Cbaniits Officjal Ill1-tsr￿e￿r Fi]nd is l. IS I Incomt i￿115 acqll￿ as ?l)oiiii aboNe. lor £1.5", . The IqaTL'et l-aLut of this iti1.tst￿CTrI 81 31 DttcJJLbtt 073 11'a5 £73.43", {:011: Ll 1.434). The illie4tJllents bN' FundkNtni'0￿. art htld iti sxtious fi￿d& and bad 2 1.alue ot £l-7.469 as at 31 October 0:31:0:_. £1?3.8￿). Tl)¢ ￿l￿￿-t1 l-alu¢ ot t]u's ins¢smKnt 8131 Ocrob¢r 013 14-as £174.40., i?O7?- £1-.8.5361. -4ppro%"ed by tbe P2tocbi21 C]Lllrcb Council on alld si￿ed o]L its bthalt by". R¢sEr¢nd T Cook (Chair} Mr M¢ThTriL Hancox ITr¢asiw¢rl LNTEPEITEIT EL￿}￿[5￿R,s REPORT TO THE P.4ROCHL4L CHtIiCH COIThCIL OF THE ECCLESLISTIC.4L P_IRISH OF ST IL4RY'S M".4LSGRXI I i'eport to the chariry trn5tees on exa￿l￿atiOn of the accoullts of the charlry for tht year ended 31 DeceJllbei' 20?3 11-hich are set ow on paots 110 4. Responsibilities and ba￿5 of report As the c]wiry"s trnsttts you art responsible for tht prtparaiiou of the accoutsis in 2ccordathce 14.ith the Cliiii'cli A¢¢ouutiUCp Reoulaiions ?006 ('th¢ Reou12tions") aud th¢ r¢quir¢Ju¢uts of th¢ Ch2riti¢s A¢1 101 I ('th¢ A¢r'). I i'¢port in r¢sp¢¢t of my ¢xan)ination of the ¢Jwiry's a¢¢ouut5 carri¢d oui under g¢¢tion 145 of th¢ Act and il) ¢aiJ)In8 our ill). ¢wuillation I hai'¢ folloii'ed all the appli¢abl¢ Directions 8ii-¢n by th¢ Charirycollullission widei. s¢¢iion l4514}(b} of the.4¢t. Independent examiner's slalement I haN'e ¢oiiipl¢red niy ¢ranJination. I confm thai no n￿terIaL hat'e ¢ome io attention in ¢oiMJecrioii ￿1th the exalliinaiion 8iiin8 me ¢ause io b¢beiY thai in any ￿￿lerIal respecr". . a¢¢oiiniin8 iecords ii'ert not Lept iti resp¢¢i of the chariry as requued by se¢iiott 130 of the Acr.. or ) th¢ accounts do not accord Mith those re¢ords liaie llo con¢erns and hai"e ¢on* a¢TOSS no Other n)atters ill Connection iiith the eLW)l￿tiOn to ii'l)i¢h atteiition should ￿ draThn iti this teport iti Order to enable a proper ittL(krstandiak of the accounts to be rtacbed. wa￿lle Gutteridge ACA Ha￿150￿ Beale & OTh"en Lin]ited C]￿rtered.￿eCo￿￿E￿llIs and Starwory Auditors St￿"¢￿ Stars Hosue. I Road Cos"entry CTr341B 2 April ?0?3 10 TllE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PAIUSH or ST MARY'S WALSGRAVE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 CHARITY NUMBER: 1174550 Harrison Beale & Owen Llmlted Cbart¢r¢d AotollDtantS 9nd Statutory Auditors Seven Star5 Hous¢, I Wheltr Road Coventry CV3 4LB THE PAROCHIAL CHURCII COUNCIL OF THE ECCLbSRAS'fic"AL PARISH OF ST MARY'S WALSGIL4VE ACCOUNTS FOR THE YEAR F,NDLI D JI DECEMBER 2023 Contents Page Income and Expenditure Account Balance Sheet Notes to the Accounts 3&4 IndepeDd¢nt Examiner's Report THE PAROCHIAL CIIURCH COUNCIL OF'fHE ECCLESIASTICAL PARISH OF ST MARY'S WALSGILIVE INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBF.R 2023 Note UnrestrÉeted Funds Restricted Funds EDdowment Fuuds Totgl Funds 2023 2022 Incoming resources In¢oming r¢sourees from donors 57.881 57.881 58,669 OtheT inGom¢ Ib 32,581 32,581 15,558 Investment in¢om¢ 1¢ 2,023 2,023 3252 Tote 179 179 152 Christmas fayre 92.664 92.664 77,631 Expenses Church and centre upkeep 28.003 28,003 20,181 Parish Shar¢ 49.500 49,500 41,000 Sundries 16,421 429 16,850 6,021 Charities 268 268 268 94.192 429 94,621 67.470 Transfers Profjt for thc year 1,528 1429 11,9571 10,161 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S WALSGRAVE BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 T#ngibl¢ Assets (Net book vglue) EquipmenL f]xtures and fittings 1,286 1,714 IDve5tment5 {gt costi Celltral Board of Finance Charities Offjcial Investment Fund (see note below) FundsNetwork inYestrnellt5 Coventry Building Society 2,000 2.000 1,577 172,469 30.504 1,577 173,804 29,719 206,550 207,100 Current Assets and Liabilities Bank and cash Sundry debtors Sundry Greditors 3,5 15 800 {450 4.596 798 550) 3,865 4,844 Net As$ets 211,701 213.658 Funds Unrestricted Restricted Endowment 206,839 2,862 2,000 211.701 208,367 3,291 2,000 213.658 The investment in the Charitie5 OffJGial Investment Fund is I,1811ncome units acquired, a5 shown above. for £1,577. The Market Value of thss Envestment at 31 December 2023 was £23,43712021.. £21.4341. The investments managed by Fund5Netwoik aTe held in various funds and had a value of £172,469 as at 31 October 202312022.. £173.8041. The Market Value of thi5 investment at 31 Ocotber 2023 was £174,407 (2022.. £178.5361. Approv￿ by the Paro¢hial Church Council on 2 April 2023 and signcd on its beha]f by.. Reverend T Cook (Chair) Mr Mervyn Hancox (Treasurer) THE PAROCHIAL CHURCH COUNCIL OF THE ECCLLSIASTJCAL PARISH OF ST MARY'S WAI,SC.RAVE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestrlcted Funds Restricted Funds Endowment Funds Total Funds 2023 2022 l. Incomiug resources la lttoomlng resources from donors Planned giving- gift aided Planned giving- not gift aided Other giving- gift aided Other giving- not gift aided Gift aid received 30,556 2.621 668 9,986 14.050 57,881 30.556 2,621 668 9,986 14,050 57.881 29.954 3,313 2.425 18,133 4,844 58,669 Ib Other intome Fees- weddings, funerals etc Fundraisillg projects Frielldship Group Hire of celltre Coffee Club Miscellaneous Energy grant Inlout 7,486 7.486 4,091 16.242 120 684 L.328 6,721 32.581 16,242 120 684 1,328 6,721 32.581 11,320 100 47 15,558 Ic (nvestmeNt intome Bank and Building So¢i¢ty interest Central Board of Finance Charitie5 OtTIGial Fund FundsNetwork reinvested income FundsNetwork profits on di5P0581 785 77 643 518 785 77 643 518 132 13 641 977 1,489 3,252 2.023 2.023 2. Church and centre upkeep Altar requisites Bell ringer5 CSeaning Clergy exp¢nses Fees to diocese Insurances Light and heat Organist and music PTlllting. books and postage Repairs and maintenan¢e S¢cr¢tary Telephone V¢rger Water charges 382 1,056 328 2,496 1.307 3,146 6,434 630 1,708 2,368 5,062 1,635 570 881 382 1,056 328 2,496 1.307 3,146 6,434 630 1,708 2,368 5,062 1,635 570 881 28,003 481 480 399 25 1,216 2.955 3,351 665 1.708 1,708 4,633 1.377 242 941 20,181 THE PAROCIIIAL C.HURCH cou￿.c[L OF TIIE ECCLESIAS'I'ICAL PARISH OF ST MARY'S WAI,SC.RAVE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 Unre5tri¢ted Fllnds Restricted Funds EDdDwmellt Funds Total Funds 2023 2022 3. Sundry expen5¢S Accountsncy Professional Fees CREW Depreciation Flowers JunioT Church New equiptn¢nt Refreshments Subscriptions Sundry expenses Interview ¢xpenses Training lrnlout FulldsNetwork fees Bank charges Go CaTdless Church Suite Return of Deposits {Bookillgs) Youth Work ReaderslBursary 410 30 410 30 510 429 429 465 252 3,157 131 577 50 572 281 252 79 174 919 21 1,428 465 252 3,157 577 50 63 6,837 1,853 283 271 650 1,092 300 63 6.837 1,853 283 271 650 1.092 300 1,539 246 16,421 429 16,850 6,021 4. Analy515 of net assets by fund Fixed assets Current assets Currellt liabilities FuTLd ba]ance 1,286 1.577 1,286 210,865 1450 211.701 1.714 212,494 1550) 213,658 207,288 450 206,838 2,000 2,863 2,000 INDEPENDENT EXAMINIR'S REPORT TO THE PAROCHIAI. CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S WALSGRAVE I report to the charity trn5tees on my ¢xaTnination of the accounts of the charity for the year ended 31 December 2023 which are set out on pages I to 4. Responsibilities ba515 of report As the ¢hArity's trngtees you are responsible for the preparation of the account5 in accoTdan¢e with the Church A¢¢ounting Regulations 20061 the Regulations l and the requirements of the ChaTitie5 AGt 2011 I'the Act'l. I report in respect of my examination of the chaTity'S A¢¢ounts carried out under section 145 of the Act and ill carrying out my ¢xan)ination I have followed all the applicable Directions given by the Charity Commission under section 145{51{bl of the Act. Indep¢nd¢Dt exjmlner's statement I have completed my exaTnination. I confJi2iJ that no material matt¢T5 have ¢ome to my attention in Collnedion with the examination giving me Gau5e to believe that in any rnateTial respect.. accounting Te¢ords were not kept in re5PeCt of the Gharity ¥ required by section 130 of tht A¢t; or 2. the accounts do not accord with those record8 I have llo concerns and have come across no other matttTS in Connection with the examination to whiGh attentton should be drawn thi5 Teport in order to enable a propcr Ullderstanding of the accounts to be rcaGh¢d. Wayne Gutteridge ACA Haffison Beale & Owen Limited Chartered Accountants and Statutory Auditor5 Seven Stars Hosue, I WheleT Road Coventy CV3 4LB 2 April 2023 TllE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PAIUSH or ST MARY'S WALSGRAVE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 CHARITY NUMBER: 1174550 Harrison Beale & Owen Llmlted Cbart¢r¢d AotollDtantS 9nd Statutory Auditors Seven Star5 Hous¢, I Wheltr Road Coventry CV3 4LB THE PAROCHIAL CHURCII COUNCIL OF THE ECCLbSRAS'fic"AL PARISH OF ST MARY'S WALSGIL4VE ACCOUNTS FOR THE YEAR F,NDLI D JI DECEMBER 2023 Contents Page Income and Expenditure Account Balance Sheet Notes to the Accounts 3&4 IndepeDd¢nt Examiner's Report THE PAROCHIAL CIIURCH COUNCIL OF'fHE ECCLESIASTICAL PARISH OF ST MARY'S WALSGILIVE INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBF.R 2023 Note UnrestrÉeted Funds Restricted Funds EDdowment Fuuds Totgl Funds 2023 2022 Incoming resources In¢oming r¢sourees from donors 57.881 57.881 58,669 OtheT inGom¢ Ib 32,581 32,581 15,558 Investment in¢om¢ 1¢ 2,023 2,023 3252 Tote 179 179 152 Christmas fayre 92.664 92.664 77,631 Expenses Church and centre upkeep 28.003 28,003 20,181 Parish Shar¢ 49.500 49,500 41,000 Sundries 16,421 429 16,850 6,021 Charities 268 268 268 94.192 429 94,621 67.470 Transfers Profjt for thc year 1,528 1429 11,9571 10,161 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S WALSGRAVE BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 T#ngibl¢ Assets (Net book vglue) EquipmenL f]xtures and fittings 1,286 1,714 IDve5tment5 {gt costi Celltral Board of Finance Charities Offjcial Investment Fund (see note below) FundsNetwork inYestrnellt5 Coventry Building Society 2,000 2.000 1,577 172,469 30.504 1,577 173,804 29,719 206,550 207,100 Current Assets and Liabilities Bank and cash Sundry debtors Sundry Greditors 3,5 15 800 {450 4.596 798 550) 3,865 4,844 Net As$ets 211,701 213.658 Funds Unrestricted Restricted Endowment 206,839 2,862 2,000 211.701 208,367 3,291 2,000 213.658 The investment in the Charitie5 OffJGial Investment Fund is I,1811ncome units acquired, a5 shown above. for £1,577. The Market Value of thss Envestment at 31 December 2023 was £23,43712021.. £21.4341. The investments managed by Fund5Netwoik aTe held in various funds and had a value of £172,469 as at 31 October 202312022.. £173.8041. The Market Value of thi5 investment at 31 Ocotber 2023 was £174,407 (2022.. £178.5361. Approv￿ by the Paro¢hial Church Council on 2 April 2023 and signcd on its beha]f by.. Reverend T Cook (Chair) Mr Mervyn Hancox (Treasurer) THE PAROCHIAL CHURCH COUNCIL OF THE ECCLLSIASTJCAL PARISH OF ST MARY'S WAI,SC.RAVE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestrlcted Funds Restricted Funds Endowment Funds Total Funds 2023 2022 l. Incomiug resources la lttoomlng resources from donors Planned giving- gift aided Planned giving- not gift aided Other giving- gift aided Other giving- not gift aided Gift aid received 30,556 2.621 668 9,986 14.050 57,881 30.556 2,621 668 9,986 14,050 57.881 29.954 3,313 2.425 18,133 4,844 58,669 Ib Other intome Fees- weddings, funerals etc Fundraisillg projects Frielldship Group Hire of celltre Coffee Club Miscellaneous Energy grant Inlout 7,486 7.486 4,091 16.242 120 684 L.328 6,721 32.581 16,242 120 684 1,328 6,721 32.581 11,320 100 47 15,558 Ic (nvestmeNt intome Bank and Building So¢i¢ty interest Central Board of Finance Charitie5 OtTIGial Fund FundsNetwork reinvested income FundsNetwork profits on di5P0581 785 77 643 518 785 77 643 518 132 13 641 977 1,489 3,252 2.023 2.023 2. Church and centre upkeep Altar requisites Bell ringer5 CSeaning Clergy exp¢nses Fees to diocese Insurances Light and heat Organist and music PTlllting. books and postage Repairs and maintenan¢e S¢cr¢tary Telephone V¢rger Water charges 382 1,056 328 2,496 1.307 3,146 6,434 630 1,708 2,368 5,062 1,635 570 881 382 1,056 328 2,496 1.307 3,146 6,434 630 1,708 2,368 5,062 1,635 570 881 28,003 481 480 399 25 1,216 2.955 3,351 665 1.708 1,708 4,633 1.377 242 941 20,181 THE PAROCIIIAL C.HURCH cou￿.c[L OF TIIE ECCLESIAS'I'ICAL PARISH OF ST MARY'S WAI,SC.RAVE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 Unre5tri¢ted Fllnds Restricted Funds EDdDwmellt Funds Total Funds 2023 2022 3. Sundry expen5¢S Accountsncy Professional Fees CREW Depreciation Flowers JunioT Church New equiptn¢nt Refreshments Subscriptions Sundry expenses Interview ¢xpenses Training lrnlout FulldsNetwork fees Bank charges Go CaTdless Church Suite Return of Deposits {Bookillgs) Youth Work ReaderslBursary 410 30 410 30 510 429 429 465 252 3,157 131 577 50 572 281 252 79 174 919 21 1,428 465 252 3,157 577 50 63 6,837 1,853 283 271 650 1,092 300 63 6.837 1,853 283 271 650 1.092 300 1,539 246 16,421 429 16,850 6,021 4. Analy515 of net assets by fund Fixed assets Current assets Currellt liabilities FuTLd ba]ance 1,286 1.577 1,286 210,865 1450 211.701 1.714 212,494 1550) 213,658 207,288 450 206,838 2,000 2,863 2,000 INDEPENDENT EXAMINIR'S REPORT TO THE PAROCHIAI. CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S WALSGRAVE I report to the charity trn5tees on my ¢xaTnination of the accounts of the charity for the year ended 31 December 2023 which are set out on pages I to 4. Responsibilities ba515 of report As the ¢hArity's trngtees you are responsible for the preparation of the account5 in accoTdan¢e with the Church A¢¢ounting Regulations 20061 the Regulations l and the requirements of the ChaTitie5 AGt 2011 I'the Act'l. I report in respect of my examination of the chaTity'S A¢¢ounts carried out under section 145 of the Act and ill carrying out my ¢xan)ination I have followed all the applicable Directions given by the Charity Commission under section 145{51{bl of the Act. Indep¢nd¢Dt exjmlner's statement I have completed my exaTnination. I confJi2iJ that no material matt¢T5 have ¢ome to my attention in Collnedion with the examination giving me Gau5e to believe that in any rnateTial respect.. accounting Te¢ords were not kept in re5PeCt of the Gharity ¥ required by section 130 of tht A¢t; or 2. the accounts do not accord with those record8 I have llo concerns and have come across no other matttTS in Connection with the examination to whiGh attentton should be drawn thi5 Teport in order to enable a propcr Ullderstanding of the accounts to be rcaGh¢d. Wayne Gutteridge ACA Haffison Beale & Owen Limited Chartered Accountants and Statutory Auditor5 Seven Stars Hosue, I WheleT Road Coventy CV3 4LB 2 April 2023