Annual Report and Financial Statements of the Parochial
Church Council of Wolverhampton St Matthew
For the year ended 31° December 2022
Charity registralion nunther." 1183263.
St Matthew's Church
Growi
ckr•sI

st Matthew's Church
DIOCESE OF
J LICHFIELD
The Parochial Church Council of Wolverhampton St Matthew
Trustees, Annual Report for the year ended 31$t December 2022
Charfty rnglslratlon numl>er. 1183263
Objectives and Activitles
The Parochial Church Council of Wolverhampton St Matthew {the PCC) has the responsibilty of c
operating with the incumbent, the Reverend Matt Hird, in promoting in the ecclesiastical parish, the
whole mission of the Church, pastoral, evangelical. social and ecumenical. The PCC is also spiritualty
responsible for the maintenance of the church.
The PCC is committed to enabling as many peopk as possible to worship at our church and to become
part of our parish community at St Matthew. The PCC maintains an overview of worship throughout the
parish and makes suggestions on how our sep41￿S can involve the many groups that live within our
parish. Our SeNi￿S and worship put faith into practice through prayer, scripture, music, and sacrament.
Also, through non sacramental activittes of hospitality and fellowship we aim to reach non churched
members oflhe community.
Public Benefit
The trustees of the PCC are aware of the Charity Commission's guidance on public benefrt in The
AdVan￿rnent of Religion for the Public Benefft and have had regard to Èt in their administration of the
Charty. The trustees believe that. by promoting the work of the Church of England in the Ecclesiastical
Parish of Wolverhampton St Matthew tt helps to promote the whole mission of the Church (pastoral,
evangelistic, social and ecumenical) more effectively, within the Ecctesiasti¢21 Parish, and that in doing
so it provides a benefit to the public by:
Providing facilittes for public worship. pastoral care and spiritual, moral and inlellectual devebpment,
both for its members and for anyone who wishes to benefft from what the Church offers,. and
Promoting Christian values and Servi￿ by members of the Church in and to their communities, to
the benefrt of individuals and SOCEty as a whole.
Reserves Policy
St Matthews reserve policy was reviewed at the PCC meeting hekl on 22nd November 2021.The re-
serve fund was set at £13,000 based on the equivalent of 2 months general running at £8,000 with an
additional £5.000 to cover emergency building maintenan￿. This amount is held in a separate desig-
nated fund. Other free reserves at 31 December 2022 were £21,053 (2021". £7,458).
Safeguarding
The PCC believe they have fijifilled their duty under section 5 of the Safeguarding and Clergy Disci-
pline Measure 2016 (duty to have due regard to House of Bishops. guidance on safeguarding children
and vulnerable adults).
Page 2

Reporting Serious Incidents
A Serious Incident is an adverse event. whether actual or alleged, which results in or risks significant
harm to the charity's beneficiaries. employees, Offi￿ holder5, volunteers or to others who come into
contact with the charity through its work, loss of the charity's money or assets, damage to the charity's
propety or ham to the charitys work or reputation.
The trustees are not aware of any Serious Incidents in the last year.
Fundraising
The PCC takes it fundraising responsibilities seriousty and is very grateful to all donors - whether reg-
ular or occasional- for their support of the church and church events. PCC supporters are never
taken for granted. The PCC take full responsibilty for fundraising and do not use commercial organi-
sations or professional fundraisers. All money raised is either by donations. fundraising events, spe-
cial appeals or legacies for which the PCC are most grateful.
Risk Management
The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for
potential hazards. We have safeguarding policies in pla￿ for child protection and for work with vul-
nerable adults, including rigorous DBS checking of staff and volunteers. Our insUran￿S are reviewed
annually to ensure adequate cover. An infomal review of any new risks which may impact the work of
the Church in the Parish is ongoing.
Structure. Governance and Management
The PCC is a Body Corporate established by the Church of England and is a Charity registered with
the Charity Commission. The PCC is govemed by the Parochial Church Council Powers Measure
(1956) as amended that came into effect on 2r￿ January 1957, and the Church Representats'on Rules
(contained in Schedule 3 to the Synodical Government Measure 1969 as amended).
The method of appointrnent of the PCC members is set out in the Church Representation Rules. The
Council comprises the Incumbent. the Churchwardens, a representatrve of the Readers, those elected
to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting,
by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese.
Members of the congregation are always urged to join the Electoral Roll, and to stand for election to
the PCC.
The PCC members are responsible for making decisions on all matters of general con￿rn and im-
pOrtan￿ in the parish, and for all financial matters. The PCC usually meet 7 times a year. Given its
responsibilities, the PCC delegates the implementation of our vision statement to the Ministry Leader-
ship Team, who share responsibility for day-t(￿aY leadership wtth the Incumbent and report back to
each PCC meeting. In response to the challenges of the pandemic, PCC established a new Finance
Action Team to monitor our financial health and implement measures to improve it.
Page 3

J(Y&n Dewn (urtl 17h17r22)
Charl)l* Taft
Po2t 4

Independent Examiner's report to the trusteeslmembers of The PCC of
Wolverhampton St Matthew
Registered charity number: 1183263
I report on the accounts for the year ended 31st De￿rnber 2022 which are set out on the following
pages.
Res
ective res
onsibilities of the Trustees and Inde
endent Examiner
The charrty's trustees are responsible for the preparation of the accounts. The charty's trustees con-
sider that an audit is not required for this year under Section 144 of the Charlties Act 2011 (the Chari-
ties Act} and that an independent examination is needed.
It is my responsibilty
to examine the accounts under section 145 of the Charities Act.
to follow the prO￿dureS laid down in the General Directions given by the Charity Commission
(under section 145{5)(b) of the Chartties Act. and
to state whether particular matters have come to my attention.
Basis of Inde
endent Examinerfs Statement
My examination was carried out in accordance with the General Directions given by the Charity Com-
mission. An examination includes a review of the accounkn'ng records kept by the charity and a com-
parison of the accounts presented with those records. It also includes consjderation of any unusual
tems or disclosures in the accounts, and seeking explanations from the trustees concerning any such
matters. The prO￿dureS undertaken do not provide all the eviden￿ that would be required in an au-
dit, 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.
Inde
endent Examinerfs Statement
In connection with my examination, no material matters have come to my attention which gives me
cause to believe that in any material respect:
accounting records were not kept in accordance with section 130 of the Charities Act or
the accounts do not accord with the with the accounting records
I have come across no other matters in connection with the examination to which attention should be
drawn in order to enable a proper understanding of the accounts to be reached.
Signed..
Cosy Bagot Je
For and on behalf of Lichfield Diocesan Board of Finan
St Mary's House, The Close, LichfEld. WS13 7LD
Date:...
..fv/i.c7J.u.........
Page 5

The Parochial Church Council of Wolverhampton St Matthew
Financial Statements for the Year Ended 315t December 2022
Accounting Policies
The financial statements of the PCC have been prepared in accordan￿ with the Church Accounting
Regulations 2006 using the Re￿Ipts and Paymenls basis.
There may be minor discrepancies in the totals as the pence are not being shown.
Fixed Assets
Consecrated and benefi￿ property ts not included in the accounts by s.10(2)(a)&(C) of the Charities
Act2011.
Moveable church fumishings held by the Vicar and ChurchvRrdens on special trust for the PCC and
which require a faculty for disposal are inalienable property. listed in the Church's inventory, which
can be inspected (at any reasonable tirne). For anything acquired prior to 2000 there is insufficient
cost information available and therefore such assets are not valued in the financial statements.
Description of Funds
Unrestricted funds are income funds of the PCC that are available for spending on the general pur-
poses of the PCC. including amounts designated by the PCC for fixed assets for its own use or for
spending on a future project and which are therefore not induded in its 'free reserves" as disclosed in
the trustees, annual report.
Restricted funds comprise of two elements:
a) income from trusts or endowments which may be expended only on those restricted objects pro-
vided in the terms of the trust or bequest
b) donations or grants received for a specific object or invited by the PCC for a specific object. The
funds may only be expended on the specific object for which they were given. Any balan￿ remaining
unspent at the end of each year must be carried forward as a balan￿ on that fund. The PCC does
not usually invest separately for each fund. lthere there is no separate investment, interest is appor-
tioned to individual funds on an average balance basis.
Endowment funds are restricted funds that must be retained as trust capital either pemianently or
subject to a discretionary power to spend capital as income, and where the use of any income or
other benefit derived from the capital may be restricted or unrestrtoted. Full details of all their re-
strictions are shown in the notes to the accounts.
Page 6

The Parochial Church Council of Wolverhampton St Matthew
Financial Statements for the Year Ended 31st December 2022
Receipts and Payments Account
Umrestrieted Desigllated Re￿rieted Endowrne4t
r￿lld$
runds
funds
Recolpts
Oonalion$ antt legao
Inujme from Chantab￿ *th¥ilies
Othfrrtrading actsvitEs
Investments
Other inctyne
Total recdpts
Tot41 Prior year
d5 totsl funds
48.572
3,162
10,828
17
53,870
3.162
10.828
43.709
6,285
1,￿0
68.876
233
51.642
Paym¢nts
Rai&ng lurKIs
EKpeThjrt￿ on ¢J)aritaNe
Otherexpe￿itUre
Total wments
74
2,152
3.111
50,360
50.301
422
50.723
4¢310
&264
4627
tran&fvr
14268
12
14249
919
Tr4nsfo
Grvss transfers tunds- in
Gross Iransfets belwEen ￿rYI$. (Krt
oth•r gains I lossos
1.673
13.S95
1.6n
1.500
11,0311
14.249
919
Ngt movqfflent in lund¥
13,$95
11.0311
14,249
919
All assets at 01 January 2022
All ¥sots * 31 D¢wnbw2022
19J10
1,754
28.522
27,603
n1
R•pro98nlEd b>t
UnrostrlGtsd
General fuTr
28,522
21.(YJ3
21.053
Desl#natod
pea15 & Special Propds
Building & Mailllenar
scrtionary Fu
Place Ofwekorr
Pop In Group Minthy
ReseNe Fund
T(Kl(4er GrDUP Minirylry
RestrFCtAd
Easter Event
F8rnity Meal
POW Restrided
ster￿(￿ RenovatKJn
p Boiler8uy And Insiom
7,458
872
8n
5.205
1,518
19
93
13.Ct)O
872
5.205
1.518
19
93
13.1
100
13,0
156
520
200
225
156
520
1,329
Page 7

The Parochial Church Council of Wolverhampton St Matthew
Financial Statements for the Year Ended 31st December 2022
Ststement of assets and liabllities - 2022
G¢Der*l
Current a898ts.cash at b•r*•KI In l¥ThJ
LWS Current Aixount-
Lbyds s2￿ng$ AcuJwrt-
Cash in hand_
ted Restrieted E￿￿O￿VmtDt
7.596
13.342
115
4.519
16,475
(7,4541
10.885
4.661
40,7D3
115
4V79
7.763
22.632
115
30.510
Total8
Liablliti95-Ag8n¢y accowrts
Agenw collectroTh8.
1.988
1.988
1708
170B
Grarnl totsl
.053
724
Statement of assets and liabilities - 2021
Current a8$0ts- Cash at bank and in hand
Uoyds Curwt A(wnt-
Uoyds Sa￿tIg5 Account-
Cash in h8rKI-
General Desi tsd Rtstricted EndowtlleDt
This
ear
L8$t
3.785
15.525
19831
4.725
2.381
115
8.429
21,9>8
115
30AY6
115
30,510
19.310
3.742
Liabillllo&-AgwKy
enL¥ CollE(*￿￿.
Tolals
2.873
l873
1,988
Gmnd totst
Fund movement by type - 2022
Bulldlng- Bulldlng &
DesvJnated
oi
TrnTrsftrs Gainsllosses
Closi
Sublotal for
1205
5.205
Dtscrotion- Di5Gr8tlwary Fund
Designated
1.518
eathr Eve. Ea8t£r Evert
Resthded
Fjmity meal. Famity Me
Reslrided
SU￿1 for Famlty m•
NHF. Enor- Nalional Hardshryi Fu
SulAotal Iw En8r
Page 8

156
P¢)W. Pla¢9 OfWd¢orno
Oe$BJnated
19
19
19
19
PoplnGroLV. Pop In Group
DesNJTrated
SutAotsl for po￿nG10
ProIè£ts-At¥*￿S & Sppsi* Pr
74
74
11x1
872
872
872
Rosgrye. Ro¢•rvo Fund
13.(XXI
13.mo
111)00
RestAded
Subtolal forStor• room
1.713
1.713
520
S20
ToddlerJ.TLMld10r Grrw Mlnwy
De$wnated
133
133
SulA<>lal ftsr Todd
125
125
288
21P Boiler.Zip BoilÈr Buy And I
Re$irTded
1.329
1.329
S￿*4￿[fOr21p eollw
Genoral. Go￿rnI furKI
Unr88triGled
S￿1 forGone
578
48.310
11.673)
21.053
627
Fund movement by type - 2021
Building- Builthng & MairrtBnart•
C*noled
oi
Tr*llsfeTS G&inslJo&ses
Closi
5205
5.3)5
SU￿1 for Bthkling
Fammy mval. F*Thily Al8al
Restricted
5.205
5,20S
su￿>181 fr)r Fqmlty nMI
Gaylè-GayW8 LgavlNJ present
Re51ric*8d
200
200
Sutstotsl hr Gayl
POWRES. R88tdctsd fu
Reslricied
Subtotal for POVIRES
25
25
225
225
POWnchr￿￿w- Pop In Group Chr15tmas
250
su*￿t0￿1 fr¥r P0F4nC￿1¥ts
PoplnGroup- Pop In Gn)up IAtnh
Su￿A￿[for Pop1￿101
1(
100
projects_App￿l8 & Special Pr
Design8ted
872
SU￿1 for Prwts
872
872
Page 9

OesvJnaknl
14.5C4)
11.5001
13.000
Toddlors-Toddlor Group Mlnisby
Des¥nabJ
133
133
133
133
zrp BOiler-￿P B￿ler And I
Resthct
SulAolal fvrJP Bollef
1,329
GO￿ra1. Gernral fijnd
Un￿st[ble￿
493
$0.398
7,458
7.458
Fund Description
Designated Funds
Building Maintenance- for the maintenance and upkeep of the church building
Discretion - to help and support the wider communty. It is administered by the vicar in conjunction with the Re-
source Team.
Places of Welcome- to support the work of Pla￿ of Welcome
Pop In Group Ministry- donations to help fund outings such as a Chrithas Meal
Toddler Group Ministry- to support the work of the TcKldler Group
Appeals & Special Projects- monies eamiarked for spectfic projects during the year
Reserve Fund- part of the PCC'S Reserves Policy is to keep £13,000. See the Trustees Annual Report
National Hardship Funding - donation from Lichfield DI0￿Se to help wrth energy costs over the winter.
Restricted Funds
Christmas Meal Pop In- community provision of Christmas meals
Easter Event- grants received from the local council to PLrt on an Easter Communty Event
Family Meal- to encourage families to eat together
Gayle's Leaving Present- donatsons towards Gayle's leavrng present.
Pla￿ of Welcome - re￿Ved a on&off donation towards ongoing costs of Place of Welcome
Store Room - grant money given by local Counal to refurbish the Sto￿ room
Zip Boiler- to buy and install a new boiler
Analysis of Transfer between Funds - 2022
The Discretionary Fund was made as a way of pulting money aside to help arKI support the wÈder
communty. It is administered by the Vicar in conjunction with the Resource Team.
Analysis of Transfer b&ween Funds - 2021
£1.500 was transferred from the Reserve DeS￿nated Fund to the General Fund- ￿ Resetves Note on
page 2.
Page 10

Analysis of recelpts and payments
Total
u￿re$trICted
ated Restrict
Endowment Thls
ear
INCOME AND ENDOWMENTS
Donations and lega¢le8
Gift Aid- Bank
Gift Aid- Env8lcyes
Cxher planned gNirMJ
Loose plate ￿lI￿On$
Toddler Group Donations
Pop In Group Donations
Place 01 Wolwme Donations
Donah"ons appeals etc
Tax recoverable on Gift AIJ
Non-recurring on&off grants
Other ftJrKls generated
22,1
22,188
290
16,252
2.256
381
818
22,165
1.294
15,503
518
230
289
16.252
2,2
3S1
752
19
278
278
1,403
161
48.572
5,683
161
53,870
1,779
478
43,709
T(rtal
4,233
Income from charitablo activille8
Fees forweddirKJs and ￿neralS
3.162
3,162
Total
3,162
3,162
Other tradlng activlties
Hub lor Grub
BcM)kstsii sales- fijnd rai*ng
Church hall lettings- fvnd raising
Miscellaneous sales- fijnd rai51ng
Tclal
240
240
10.553
10,553
30
10.828
6,285
10.828
6.285
Investments
Bank and buildirKJ soc4ety inlertr81
T(tsl
17
17
17
17
Other income
contribub.ons from other thurc*Es
Ti*al
INCOME TOTAL
63.578
4,233
68,876
EXPENDITURE
R•ising fund$
Costs of letes & otrEr events
74
74
4,231
4.231
2.152
Expenditure on charilable activlti8#
Giving to missionary socaetses
Ministy parish share etc
Parish Share Support
inistry Asssstant- HMRC Paymertt
Working expenses ol In￿n￿t
3.128
30,514
,514
5,148
33,726
12,7601
331
398
67
87
Page 11

Working expenses ofcurate
Vlcarage h)use 8Xper￿eS
Vicarfs tele￿one
Educabon
Church runr¥ng- insular￿e
Church office- ph(rtocopier
Chur¢h- Broadba(vJ
Church TTTraintenance
Churth cleaning
Church semce Sup￿leS
Toddler group suppl
Refreshment supplies
Place Of Welcome Swplies
Church equipment
Churth communutons
Church runniryJ- ele¢tric
Churth nJnnirvJ- gas
Church running- water
Chur¢h running- heating and lightiTrJ
Churth running- waste collection
Total
230
128
249
1.499
572
527
5,230
73
102
128
249
1,499
572
527
8.272
73
1.428
760
572
6,111
3,042
17
121
17
69
95
731
122
2,282
122
107
151
151
.360
768
50,301
3.111
Other expenditure
Other outgoing resol}r￿ I p*ments
Total
EXPENDITURE TOTAL
422
422
48.310
54.627
GRAND TOTAL
15.268
12
1,031
14,249
919
Page J2