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2023-12-31-accounts

ANNUAL REPORT AND FINANCIAL STATEMENTS

For the year ended 31 December 2023

The Parochial Church Council of St Peter’s Church, Gildersome

Table of contents Page Number
Trustees Report i
Independent Examiner’s Report 1
Receipts and Payments Account 2
Notes to the Financial Statements 3

2023 Report and Accounts for the Parochial Church Council of St Peter’s Church, Gildersome

Aims and purposes

St Peter’s Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Reverend Patrick Senior, in promoting the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of the Church Centre complex of St Peter’s, Church Street, Gildersome.

Objectives and Activities

The PCC is committed to the mission statement: The local church serving the local community.

When planning our activities for this year, we have considered the Charity Commission’s guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion.

To facilitate this work, it is important that we take the responsibility to maintain the fabric of the church of St Peter and the Church Centre complex.

Achievements and performance

Worship and prayer

The PCC is keen to offer a range of services over the course of the year that our community find both beneficial and spiritually fulfilling. For example, weekly morning prayer provides a worshipful, intimate and reflective environment for prayer and we have just begun a monthly praise service on a Sunday at 4pm.

Family Worship continues on the morning of the first Sunday each month. Baptisms sometimes happen within this service, but more often as lunchtime services.

All are welcome to attend our regular services. At present there are 107 parishioners on the Church Electoral Roll, 26 of who are not resident within the parish. One new member was added during the year and 2 were removed.

The average weekly attendance, counted during October, was 55 adults, but this number increases at festivals, especially at Christmas.

As well as our regular services, we enable our community to celebrate and thank God at the milestones of life. There were four baptisms during the year, three weddings and seven funerals.

Deanery Synod

Currently, no members of the PCC sit on the Diocesan Synod but we hope this will be rectified at the APCM.

Pastoral care

Some members of our parish are unable to attend church due to sickness or age. The Vicar, together with Lay Pastoral Minister, Elizabeth Knight arrange to visit and take communion to such people.

Page i

Volunteers

We would like to thank all the volunteers who work so hard to make our church the lively and vibrant community it is. In particular, we want to mention our churchwardens Liz Pearce and Sue Panther, and our verger Susan Smith who have worked so tirelessly on our behalf. Unfortunately, during the year our Treasurer resigned and Liz Pearce has currently taken on this responsibility, for which we are very thankful. We would also like to thank Moira Stainsby who is our PCC secretary.

As always we are extremely grateful for the army of helpers and volunteers who carry out a whole range of practical and spiritual tasks. It would be wrong to begin to name names for fear of missing someone out. Suffice to say, you are very much appreciated. Thank you all of you!

Home and Overseas Mission

The PCC agreed to support different home or overseas charities each month throughout the year.

We have started a children’s church after school on Tuesdays for primary school children and younger.

Ecumenical relationships

There is no formal Churches Together in Gildersome, although the church works with the Baptist Church on occasions such as the Week of Prayer for Christian Unity service, World Day of Prayer service and Remembrance Sunday.

Financial review

Total receipts on unrestricted funds were £94,783 of which £64,797 was unrestricted voluntary donations, and a further £10,212 was from Gift Aid. No restricted donations were received.

Giving through envelopes, standing orders and the Parish Giving Scheme increased by 13.25% and the amount recovered through Gift Aid increased by 17.77%. We were extremely grateful for the pecuniary legacy of £16,122 from Eric and Dorothy Bancroft, which was put towards the installation of the new windows and doors, alongside the continued donations made by the congregation. The restricted funds in the Parish Development Fund were also used for the windows and doors project. The project has now been completed and the PCC is extremely grateful to everyone who has made donations towards it. Total income increased by 23.97% compared with last year.

£100,461 was spent from unrestricted funds to provide the Christian ministry from St. Peter’s Church, including part payment of the diocesan parish share of £36,000 (the full amount of the share request was £42,036, but the PCC made the difficult decision not to pay the full parish share this year).

The net result for the year was an overspend of £5,678 on unrestricted funds. Adding bank and deposit balances brought forward at the beginning of the year, the balances carried forward at 31 December on unrestricted funds totalled £23,112.

Reserves policy

It is PCC policy to try to maintain a balance on unrestricted funds which equates to at least three months unrestricted payments. This is equivalent to £25,115. It is held to smooth out fluctuations in cash flow and to meet emergencies. The cash balance of £23,112 held on unrestricted funds at the year end falls short of this target.

We hold restricted funds of £4,674 in the Children/Young People Fund.

Page ii

Structure, governance and management

The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure.

The method of appointment of PCC members is set out in the Church Representation Rules. At St. Peters the membership of the PCC consists of the clergy, churchwardens and Deanery Synod members (as exofficio members) together with up to 12 members elected by those members of the congregation who are on the electoral roll of the church.

The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent.

The full PCC met nine times during the year.

Additionally, the Standing Committee met three times. No other PCC sub-committees currently exist.

Administrative information

St Peter’s Church is situated in Church Street, Gildersome. It is part of the Diocese of Leeds within the Church of England. The correspondence address is 2A Church Street, Gildersome, Leeds, LS27 7AF. The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2011). Registered charity number 1175182.

PCC members who have served at any time from 1 January 2023 until the date this report was approved are:

Ex Officio members:

Elected members:

Co-opted members:

PCC Secretary (not a member of the PCC):

Page iii

Moira Stainsby (from January 2022} Page iv

Independent Examiner’s Report to the Trustees of St Peter’s Parochial Church Council

I report on the accounts of the church for the year ended 31 December 2023 which are set out on pages 2 to 5.

Respective Responsibilities of Trustees and Examiner

The church’s trustees are responsible for the preparation of the accounts. The church’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent Examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent Examiner’s statement

In connection with my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that in any material respect the requirements

  2. to keep accounting records in accordance with section 130 of the 2011 Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or

  4. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed:

Date:

Name:

Lima Accountancy

132 Street Lane, Gildersome, Leeds, LS27 7JB

Page 1

Receipts and Payments Account

PAROCHIAL CHURCH COUNCIL OF ST PETER’S CHURCH, GILDERSOME

Financial Statements for the Year Ended 31 December 2023

Receipts and Payments Accounts

Note
RECEIPTS
Voluntary receipts:
Planned giving
Collections at services
All other giving/voluntary receipts
4a
Gift Aid recovered
Activities for generating funds
4b
Deposit fund interest
Church activities
4c
Total receipts
PAYMENTS
Church activities:
Diocesan parish contribution
Clergy costs
5a
Church running expenses
5b
Costs of generating funds
5c
Total payments
Excess of receipts over payments
Cash at bank and in hand at 1 January
Cash in bank and in hand at 31 December
Unrestricted/
Designated
funds
Restricted
funds
Endowment
funds
TOTAL
2023
TOTAL
2022
£
£
£
£
£
36,498
-
-
36,498
32,229
2,927
-
-
2,927
5,000
25,372
-
-
25,372
14,548
10,212
-
-
10,212
8,671
75,009
-
-
75,009
60,451
6,047
-
-
6,047
5,818
580
-
-
580
507
13,147
-
-
13,147
9,683
94,783
-
-
94,783
76,458
36,000
-
-
36,000
42,556
1,190
-
-
1,190
1,474
60,529
5,631
-
66,160
45,804
97,720
5,631
-
103,351
89,834
2,740
369
-
3,110
1,883
100,461
6,000
-
106,461
91,717
(5678)
(6,000)
-
(11,678)
(15,259)
28,788
10,674
-
39,463
54,744
23,112
5,047
-
28,159
39,463

Page 2

STATEMENT OF ASSETS AND LIABILITIES

Note
Cash funds
Bank current accounts
Cash in hand
Deposit account
Liabilities
Agency collections
Total assets
Unrestricted/
Designated
funds
Restricted
funds
Endowment
funds
TOTAL
2023
TOTAL
2022
£
£
£
£
£
16,731
-
-
16,731
13,493
657
-
-
657
175
5,724
5,047
-
10,771
25,224
23,112
5,047
-
28,159
38,893
-
(373)
-
(373)
569
23,112
4,674
-
27,786
39,463

Notes

  1. The financial statements of the PCC have been prepared in accordance with the Church Account Regulations 2006 using the Receipts and Payments basis.

  2. There are no endowment funds.

  3. The movements in designated and restricted funds during the year were:

Unrestricted
General
Designated
Kitchen
Restricted
Parish Development Fund
Children/Young People Fund
Total of Funds
Bal b/fwd
Receipts
Payments
Bal c/fwd
£
£
£
£
28,521
94,784
(100,193)
23,112
268
-
(268)
-
5,033
-
(5,033)
-
5,641
-
(967)
4,674
10,674
-
(6,000)
4,674
39,463
94,784
(106,460)
27,786

Page 3

4. Further analysis of Receipts

Note
a)
All other giving/voluntary
receipts
Donations
Legacies
Grants
b)
Activities for generating funds:
Art Group
Coffee donations
Coffee mornings
Fees for weddings and funerals
Friendship Group
Meeting Place
Scarecrow Festival
Tots and Tea
Wine Group
Other funds generated
c)
Church activities:
Bookstall sales
Traidcraft Stall sales
Lettings – private bookings
Unrestricted/
Designated
funds
Restricted
funds
Endowment
funds
TOTAL
2023
TOTAL
2022
£
£
£
£
£
7,250
-
-
7,250
11,123
16,122
-
-
16,122
1,000
2,000
-
-
2,000
2,425
25,372
-
-
25,372
14,548
349
-
-
349
304
-
-
-
-
555
-
-
-
-
271
3,100
-
-
3,100
1,710
-
-
-
-
155
212
-
-
212
265
539
-
-
539
455
341
-
-
341
212
66
-
-
66
34
1,440
-
-
1,440
1,856
6,047
-
-
6,047
5,818
752
-
-
752
503
305
-
-
305
138
12,091
-
-
12,091
9,042
9,683
-
-
9,683
9,683

Page 4

5. Further analysis of Payments

Note
a)
Clergy costs:
Working expenses of incumbent
Telephone and internet
b)
Church running expenses:
Insurance
Telephone and internet
Electricity
Gas
Water
Support for Children’s Activities
Support for Friendship Group
Support for Tots and Tea
Support for other Church groups
Decorating of church building
Maintenance
Major repairs to building
Upkeep of churchyard
Cleaning and hygiene
Upkeep of services
Copier/printer costs
Computer costs
Independent examination fees
Mission and evangelism
Bookstall costs
Traidcraft stall costs
Administration
c)
Costs of generating funds:
Stewardship campaign
Costs of events
Unrestricted/
Designated
funds
Restricted
funds
Endowment
funds
TOTAL
2023
TOTAL
2022
£
£
£
£
£
600
-
-
600
933
591
-
-
591
542
1,190
-
-
1,190
1,474
2,487
-
-
2,487
2,260
593
-
-
593
541
4,827
-
-
4,827
1,039
9,546
-
-
9,546
4,707
665
-
-
665
497
-
436
-
436
480
-
-
-
-
20
-
41
-
41
81
-
-
-
-
107
-
-
-
-
27
5,104
-
-
5,104
2,521
31,759
5,033
-
36,792
28,033
275
-
-
275
604
2,316
-
-
2,316
1,127
1,297
108
-
1,405
1,130
70
-
-
70
863
477
-
-
477
359
240
-
-
240
-
304
12
-
316
288
509
-
-
509
594
21
-
-
21
462
40
-
-
40
52
60,529
5,631
-
66,160
45,804
76
-
-
76
423
2,665
369
-
3,034
1,460
2,741
369
-
3110
1,883

Agency (Postbox) Report Summary – Donations/Collections held on behalf of third parties as at 31 December 2023

£
Christian Aid 136.77
Helping Hands 48.85
Mara box 32.35
Sightsavers 154.65
Total 372.62

Page 5