# **2023 Report and Accounts for the Parochial Church Council of the Ecclesiastical Parish of St Philip, Norbury. Registered charity number 1185830 Annual Report of the Trustees (PCC) for 2023** ## **AIMS AND PURPOSES:** St Philip’s Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent Vicar, the Reverend Cordella Dawson, who was Collated to the benefice on 25[th] May 2022, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the finances and maintenance of St Philip’s Church; Church Hall complex and grounds. Within our overarching aim we proclaim our mission to be: _Worshipping God Walking together in faith Warmth and width in fellowship With our aim to reach out to serve and welcome_ ## **WORSHIP:** The normality of St Philip’s in non-pandemic times continued to be re-established in 2023 with Servers, robed choir and Chalice assistants at principal services. Lay participation in intercessions and readings on Sundays and principal feast days continued. Within a “relaxed-Catholic” tradition of worship, St Philip’s caters for the spiritual needs and interest of all. There is a weekly Holy Communion service on a Wednesday morning along with morning prayer on a Tuesday and Thursday, Sunday services of Holy Communion each week and Choral Evensong every other week (during school term time). During the year visiting preachers / speakers have brought a variety of different styles of preaching and presiding to the worship which has been truly enriching and refreshing for our congregation as well as supporting particular themes such as celebrating diversity. A full choir of boy treble and male lower (Alto, Tenor, Bass) voices enhances the worship throughout the year with a repertoire and standard of singing usually associated with Cathedrals. This is a particular feature of St Philip’s which is supported and encouraged by the PCC. There is a commitment to recruiting an Assistant Organist, as well as to grow and nurture home talent from the choir community, to work alongside the Musical Director, Sam Coates, and provide continuity of music when the choir is away. The electoral roll was revised in 2023 and the certificate recorded 87 on roll (in 2022 it was 74). The commitment to be Christ-centred and outwardly focussed remains a high priority and focus for the PCC. 1 The Parochial Church Council of the Ecclesiastical Parish of St Philip, Norbury is a registered Charity, number 1185830 ## **OBJECTIVES and ACTIVITIES:** The PCC, with the help of the congregation is committed to prayerful reflection on who we are; articulating our vision of what we want to be and what our mission means to us. The church is shared under a formal agreement with the Assembly of the First Born and attended regularly by a community of Urdu-speaking Pakistani Christians. The relationship with the latter is particularly strong in fellowship and practical support of fundraising events. Whilst progress has not been as fast as hoped, the PCC remains committed to essential plans to refurbish the toilets in the hall which will improve disabled access. Croydon Council is properly involved in the project and we continue to discuss some details with them. In time, having due regard for the move towards sustainable energy, the PCC is aware that a replacement of the central heating systems which service the church and the hall complex will be required. Expensive monitoring and exploratory / remedial works continue in relation to cracks in the church building and the PCC is engaged with professional bodies, and our insurers, in this regard. ## **ACHIEVEMENTS and PERFORMANCE:** The day to day running of St Philip’s is delivered by a well-established sharing of administrative and organisational tasks amongst Church Officers, the Vicar, PCC members and other volunteers. This includes production of the regular printed Parish magazine and weekly pew sheet. The magazine has a wide circulation way beyond the Parish boundary. Mother Cordella designed bespoke order of service booklets, printed in house, for special feasts and events to encourage understanding and participation. The PCC resolved to recruit a part time Administrator in 2023 to support the running of the Parish office and this determination remains and is included in the budget. Investment in a contactless giving device at St Philip’s in late autumn 2021 introduced a new dimension to donations and, with ongoing encouragement and perseverance, has become a valuable additional income stream, particularly for occasional visitors including those from overseas who can “tap to give” very easily. The actual device was replaced with an upgrade in time for Christmas 2023. A varied programme of social, fundraising and outreach activities was offered during the year including popular favourites such as the quiz and curry night, Christmas and Summer Fairs and concerts by the St Philip’s Players orchestra. Regular hirers use the hall complex and the weekly Playtime parent and toddler group is now well established and well used. The PCC appointed an Architect, Sue Kent, to undertake the Quinquennial Inspection in June 2019 and has worked with her since, not least on matters relating to the cracks in the west walls of the church. Whilst we have grown used to the unsightly, but necessary, internal propping up of the area the PCC looks forward to the time when the results of monitoring lead to satisfactory repair and restoration. 2 The Parochial Church Council of the Ecclesiastical Parish of St Philip, Norbury is a registered Charity, number 1185830 ## **FINANCIAL REVIEW:** ## **Financial Report, Annual Report to APCM 2024 (year ending 31st December 2023)** - The **receipts** to the General Fund for 2023 were less than we budgeted for, at **£67,147** (budget of £75,250). This was less than our receipts in 2022, which were £70,241. The main contributing factors to this were lower stewardship and giving income. - Our **expenses** (General Fund Payments) were **£95,636** , versus a budget of £115,120. The underspend was primarily due to not recruiting a Parish Administrator and SubOrganist, as planned. Our expenses in 2023, were a very modest increase the 2022 costs of £95,031. - We ended 2023 with an operating **deficit** of **£28,479** on the General Fund, which is less than we budgeted for at £39,870. This takes our cumulative operating deficit to £175,093 at the end of 2023. - Our overall financial position at the end of 2023 is as follows: - Our **total funds** , made up of investments and cash in our bank accounts stands at **£824,270** . - Having declined in value in 2022, we saw an increase in the value of our investments by £92,776 in 2023. ## **Parish Support Fund** - In 2023, we promised **£46,000** to the Diocese as our **Parish Pledge** . This was a £2,000 increase on our pledge for 2022. We honoured our Pledge in full in 2023. ## **Cedric Collings Memorial Fund** - The PCC is managing trustee of this Trust, which was set up to provide financial support to members of the parish who undertake theological and related training. - In 2023, we did not make any awards from the Fund. ## **Legacies** - We received no new legacies in 2023. - We used the legacies left by the late **William Baker** as follows: - **£4,461** was spent on **professional fees** relating to the crack in the west wall of the Church. - **£715** was spent on a new **thurible** (censor in which incense is burned during a service) and incense boat. - **£1,001** was added to funds collected via Bake Sales, Lent Lunches and Services and **donated to Charity** . The donations made in 2023 totalled £1,600 and were as follows: 3 The Parochial Church Council of the Ecclesiastical Parish of St Philip, Norbury is a registered Charity, number 1185830 |**Charity**|**Donation**| |---|---| |Litter Free Norbury|£250| |Guide Dogs for the Blind|£100| |Bishop’s Lent Appeal|£250| |Dementia UK|£500| |Macmillan|£500| |**Total**|**£1,600**| ## **Budget for 2024** - The budget for 2024 was prepared by applying a **2.5% inflation rate** (projected UK inflation rate for 2024) to the actuals for 2023. - We are planning for **receipts** of **£69,380** . This is a conservative budget, based on the receipts for 2023. - We are planning for **expenses** of **£116,850** . This includes an increased Parish Pledge of £51,000 and budget for a Parish Administrator/Programme Manager and a Sub-Organist (both carried over from 2023). - In addition to the budgeted figures, there is likely to be exceptional expenditure to cover the following high priority work: |**Church**|**Church Hall**| |---|---| |1. Crack monitoring and repair
(£200,000 estimated)
2. Quinquennial review findings (tbc)
3. Fence repair (£2,000 estimated)|1. Replacement of kitchen floor (£2,000)
2. Replacement of fire doors (£25,000
estimated)
3. Toilet refurbishment (£125,000
estimated)| - We expect to have an operational deficit at the end of 2024. ## **Focus Areas for 2024** - From a total funds perspective, St Philip’s is in a good position; we have around £800,000 in investments. However, most of these funds are tied up in investments instruments that are not working as hard as they could be for us. In 2024, we will be restructuring our investments, so they work more efficiently for us and help us operate with no or a lower operating deficit each year. - We will also need to liquidate some of our investments to pay for some of the projects outlined above which will affect our total funds in the long run. 4 The Parochial Church Council of the Ecclesiastical Parish of St Philip, Norbury is a registered Charity, number 1185830 ## **Summary** - We ended 2023 in a favourable position in terms of total funds. - From an operational budget perspective, we came in under budget. However, this was only because we did not recruit a Parish Administrator and Sub-Organist as planned. Our receipts were below budget and the receipts for 2022, however, our expenses grew as we had anticipated from a utilities and maintenance cost perspective. - Our plans for managing our investments in 2024, should give us a more stable financial foundation and coupled with improved controls and more considered spending, should put us in a good position for growth in 2024. - I would like to thank all of you who support St Philip’s through Christian Stewardship, general donations and running and attending our many fund-raising events. Your continued generosity, helps us meet our costs and sustains our mission in Norbury. Anusha Paulraj Honorary Treasurer May 2024 5 The Parochial Church Council of the Ecclesiastical Parish of St Philip, Norbury is a registered Charity, number 1185830 ## **MEMBERSHIP OF PCC:** Lay members of the PCC are either ex-officio or elected at the Annual Parochial Church Meeting (APCM) in accordance with Church Representation Rules in force at the time (revised 1[st] January 2020, 2022 edition). The PCC can co-opt up to two members subsequently to serve for one year. **The following served as members of the PCC 2023 – 2024.** The start of continuous service was calculated in October 2019 as part of the application for registration as a charity and is shown alongside each name. Members of the PCC are Trustees of the charity. The PCC does not currently restrict the number of consecutive three-year terms of office a member may serve but regards three terms to be a reasonable maximum followed by a break of at least one year. Those due to retire in 2024 are marked*. St Philip’s is entitled to elect two Lay parochial representatives to the Deanery Synod. One representative was elected at the APCM held on 21[st] May 2023 to serve until 2026. A Casual Vacancy remains in regard to the second place which the PCC has had due regard to fill. |**Clergy:**||| |---|---|---| |Vicar|Revd Cordella Dawson|Chair from May 2022| |**Laity:**||| |**Churchwardens**|Winston Worrell *(since|| ||2003)|| ||Desmond Duffus *(ex-|Parish Safeguarding| ||officio since 2015)|Officer| |**Deanery Synod Lay Parochial**|Matthew Bodley (2020)|| |**Representatives**||| ||Casual Vacancy|| |**Elected Members (9)**|Obaid Alban (2023 –|| ||previously co-opted|| ||since 2015)*|| ||Pamela Clarke (2023)|| ||Jo Cranfield (1995)*|Electoral Roll Officer| ||Carol Ross-Gower|| ||(2021)*|| ||Grantley Larrier (July|| ||2022)|| ||Vanessa Mcleod (2018)*|| ||Lorraine Mills (2023)|| ||David Ogilvie (2018 –|| ||previously ex-officio as|| ||CW since 2012)*|| ||Anusha Paulraj (2016)|Hon Treasurer| 6 The Parochial Church Council of the Ecclesiastical Parish of St Philip, Norbury is a registered Charity, number 1185830 **Co-opted Members** Eleanor Lewis (co-opted Vice Chair / Hon 2023. Previously elected Secretary. DBS member since 2001)* Administrator **Minute Secretary** Jackie Barlow **Honorary Treasurer** Anusha Paulraj* 29 Lakehall Road Thornton Heath, CR0 7EG ## **Meetings:** The PCC held five scheduled meetings between the APCM in May 2023 and the APCM in May 2024. Each meeting was quorate and a good level of attendance through the year enabled effective discussion and decision making. Electronic communication was also used to gather opinion or agreement between meetings. Minutes of each meeting, once signed as agreed, are displayed on the notice board at the back of the church. The PCC is grateful for the support of a minute taker, Jackie Barlow (who is not a member of the PCC). ## **Committees:** The PCC operates through a number of committees, which convene between the scheduled meetings of the full PCC and provide oral and / or written reports / minutes to the PCC. The committee structure continues to evolve supported by redefinition of terms of reference. - **Standing Committee:** The only mandatory committee constituted in accordance with the Church Representation Rules. It may transact the PCC’s business between meetings of the PCC subject to any directions as to the exercise of its power laid down by the PCC. Membership in 2023 was the Vicar, the two Churchwardens, the Hon Treasurer and the Hon Secretary. David Ogilvie was a co-opted, active member. The Standing Committee formed the working party to consider St Philip’s pledge to the Diocesan Parish Support Fund. The committee met formally on two occasions augmented by frequent discussion - person to person and via electronic communications. - **Fundraising and Giving Committee:** The Treasurer has incorporated stewardship giving in routine reports to the PCC. The committee met once in 2023 to discuss the December parish stewardship campaign. - **Buildings and Grounds Maintenance:** As a working group reporting to the PCC via David Ogilvie and the Churchwardens ensures the fabric of the church, halls and grounds is maintained in good order - **Church Hall Committee:** This is now identified as the Premises Management Committee, Chaired by Eleanor Lewis. The committee supports the volunteer Hall Manager, reviews the hall rates of hire; terms and conditions, letting agreements and related health & safety and safeguarding policies. The PCC received reports from the Social Committee at each meeting. 7 The Parochial Church Council of the Ecclesiastical Parish of St Philip, Norbury is a registered Charity, number 1185830 ## **Safeguarding:** The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). The Parish of St Philip takes the safeguarding, wellbeing, safety and care of children and vulnerable adults very seriously and acknowledges its duty of care to ensure the protection of the vulnerable in their church community. Policies are reviewed annually and safeguarding is a standing item on the agenda of each PCC meeting. The Safeguarding Officer is a member of the PCC. Information and policies are posted on the parish website. The PCC resolved to train and appoint a Deputy Safeguarding Officer to support Desmond Duffus in his role of Parish Safeguarding Officer and training of this individual is underway. Training and awareness of safeguarding are a high priority for all. The PCC held a facilitated workshop for its members to access to the online provision. All current PCC members have appropriate DBS clearance certificates, and all have completed the basic online safeguarding course. ## **CHURCH HALL COMPLEX:** The church hall complex is managed by a volunteer supported by the management committee. A cleaner / handyperson is employed by the PCC on a part time contract. The complex comprises a large hall with stage, small hall, kitchen and committee / meeting room. The Parish Office is also housed in the complex. The Betty Wivell Academy of Performing Arts (BWA) is the main hirer and key source of income. Other regular users include the toddler playtime group, badminton, table tennis and karate clubs. Our relationship with these groups is regarded as a key feature of aim to ‘serve and welcome those in our wider community.’ Church groups, including the choir, the Women’s Fellowship and the Pakistani community make regular use of the facilities for social and rehearsal purposes. Libera, the internationally acclaimed boys’ choir (formed from members of the church choir), rents the space for recordings and rehearsals. There are ad hoc bookings for family celebrations for the general community and church members. Occupancy throughout the year is usually high. The PCC is mindful of the need to maintain the halls in good condition as income from rentals is essential to the financial health of St Philip’s. ## **Eleanor Lewis** ## **Vice Chair / Hon Secretary PCC** May 2024 8 The Parochial Church Council of the Ecclesiastical Parish of St Philip, Norbury is a registered Charity, number 1185830 ## **The Parochial Church Council of The Parish of St Philip, Norbury, London** ## Financial Statements (Accounts) ## For Year Ending 31[st] December 2023 ## **Prepared by** Anusha Paulraj (Honorary Treasurer) ## **Independently Examined by** Andrew Winter MA, ACIB ## **Legal Status** Registered with the Charity Commission as The Parochial Church Council of the Ecclesiastical Parish of St Philip, Norbury, number 1185830 ## **Incumbent** - 1[st] January to 31[st] December 2023, Revd. Cordella Dawson (Vicar) ## **Bank** National Westminster Bank, Norbury Branch, London SW16 4AL ## Independent Examiner’s Report I report on the Accounts of the PCC for the year ending 31[st] December 2023, which are set out in the Financial Review section of the Annual Report of the Trustees (PCC). ## **Respective responsibilities of trustees and examiner** The PCC is responsible for the preparation of the accounts. The PCC considers 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: - examine the accounts under section 145 of the 2011 Act; - to follow the procedures laid down in the general Directions given by the commission under section 145(5)(b) of the 2011 Act; and - to state whether particular matters have come to my attention. ## **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 next statement. ## **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: - a. to keep accounting records in accordance with section 130 of the 2011 Act; and - b. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act. have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Mr Andrew Winter, MA, ACIB 6 Calluna Drive, Copthorne Crawley RH10 3XF 8[th] May 2024 1 ## Statement of Accounting Policies ## **1. Basis of Accounting** The Accounts of the PCC have been prepared in accordance with the Church Accounting Regulations 1997 using the Receipts and Payments basis. They report movements on the various funds under the PCC’s control and show the balances retained at the year-end, specifying where and how they are held. The Accounts do not include the Accounts of any other church groups that owe an affiliation to another body, nor those arising from informal gatherings of church members. ## **2. Identification of Funds** The funds administered by the PCC have been identified and grouped as follows: - 2.1 Unrestricted funds - Funds administered at the discretion of the PCC, where receipts are not subject to restriction based on the requests of the contributing parties. This primarily includes the general fund, but also any other funds where uses have not been restricted as described, including those created (designated) by the PCC out of existing funds for specific purposes. - 2.2 Restricted funds - Funds involving receipts where the uses are restricted by the donor for a particular purpose and which cannot, and must not, be used for any other purpose except by agreement with the donor. - 2.3 Permanent endowment funds - Particular types of restricted fund which must be held permanently, the PCC having no power to convert them into income and spend them like other income. The summary statement of funds reflects the above. Details of the movements within the individual funds appear on the following pages. ## **3. Statement of Assets and Liabilities** The following PCC assets are recognised but not valued in the Statements of Assets and Liabilities: - 3.1 Land buildings held on behalf of the PCC, including the land leased as an electricity substation. - 3.2 Moveable church furnishings held by the Churchwardens on special trust for the PCC and which require a faculty for disposal. - 3.3 Other fixtures, fittings and office equipment where the PCC is free to dispose of such assets without faculty. Furthermore, the Statement does not reflect amounts owing to the PCC at the year-end but not received, neither does it reflect amounts owed by the PCC at the year-end but not paid. 2 ST PHILIP'S CHURCH NORBURY ACCOUNTS FOR THE YEAR ENDING 31 DECEMBER 2023 General Fund Recei 20231£) Resvictrd 20221£) Resu￿t￿ Chri5tiJn Stewardship Income Tax Recovered Churth. House and Sundry Collections General Donation5 all Lettings Church Sharing Fund Rai5inE Artivities Investment Incorr Surplice Fees Parish Review Grants Reiei¥ed Sundrie5 22.474 2,992 5.421 3.245 23.426 1.980 6.405 354 811 48 22.362 6,134 6.295 4.545 22,169 1.980 4.838 366 571 628 599 256 590 67.746 599 70.497 256 Le55 Restricted Income Mi551Qn5 and Charities Gift5 in memoTia 599 256 67.147 70.241 General Fund Summa OpEning Balance -146.604 -121.814 Total Receipts 67,147 70,241 Le55Total payff￿nts -95.636 -95.031 Excess Receipts/lPay￿ntsj FabTiC Fund Support15ee Notel -28,489 -24,790 Net Excess Receipts1lPaymentsl -28,489 -24.790 Closing Balance -175.095 -146.604 Note.. Receipt of restricted fund5- These figures Ire included in totsl receipts for the respective cateEorie5 indicjted. being receipts for restricted purposes. Such receipts v￿re disbursed as inditated. Charitablegiving 15 referred to in the annual report. ST PHILIP'S CHURCH NORBURY ACCOUNTS FOR THE YEAR ENDING 31 DECEMBER 2023 General Fund Pa ments 2023 .46. 20221£) DIIXESAN PLEDGE VIC￿AN0VIc￿E - Wicèr's Allowances - Telephone - ClerEY Fees and ExpEn5e5 - Recruitment Costs -1.2L8 -787 -283 449 -1.501 -1.236 MUSIC Choirma5terlOrgani5t Organist Deputie5 - Choir Expenses - Robe5 Music and ststionery Copyright Licence ood Friday Requiem -5.136 -1 -127 417 -110 -753 -5.644 -7,389 CHURCH EXPENSES -Gas Heating Repairs and Maint Electricity Insurance Repair5 and Maintenanie - Water Cleaning and Sundries -1.438 -1.980 -5.267 -4,390 -2.455 -s7 -1.303 -230 -2.320 -4,358 -7.320 -15.587 -15.543 EXPENSES -Ga5 Heating Repairs and Maint Electricity Insurance Repairs and Maintenance - Water CleaninE and Sundries - PPUPRS License Fee -2,671 -3,677 -2.251 -2.927 -2,420 427 -819 -2.905 4,978 -36 -516 -9.036 -386 -8.492 -1.056 -23,912 -21,133 MISCELWEOUS Printing P05tsEe and Ststionery - Altar and Church Ser¥iie5 Junior Church and Confirrnation 5undries Parish Administrator -2,544 -423 -2.921 -575 -2,234 -95.636 -95.031 ST PHILIP'S CHURCH NORBURY ACCOUNTS FOR THE YEAR ENDING 31 DECEMBER 2023 Grounds Im rovements Fund 20231£) 20221£) OpeninE Balance Les5 Pjyffents Closing Balance This is ts memoriolfvndforlondstoping the Churth Grounds. 148 148 Fabric Fund Opening balance 307.579 356.221 Add Receipts Cleaver Fund 4.348 4323_62 Less Payments Supsiort toGen Fund Gèinlllossl on CBF Investrnents 70,519 -52.966 C105ing Balance Thisfvrjd exists to protertthe Geneml Fund aguinst the incideFJtY ole¥LEs5ive rEpair and rnointenan￿ costs. (15 deteFmined by the PCC. The levelabove which supportisprovided i5£6CW ift the cutrentyeor. 382.445 307.579 CleJver Fund Opening Balance 21.131 21.131 Closing Balance 21.131 21.131 ReptEsented by HOLDING AT COST 2023 M￿. VALVE 2022 M￿. VALUE CBF Investment Fund 7036 Units 21,131 159,051 145.265 Total 21.131 159.051 145.265 Thrsfvnd was OFTginally c￿￿ted￿>M o bequert ltis retaineLI as a aJpital fesefVE cnd inCOFf¢e is (yEdNted to the FobFTcFund. Har and Yvonne White Memorial Fund 20231£) 20221£) Opening and Closing Balance This is ¢7 rnenvriolfundlor troinino puws ST PHILIP'S CHURCH NORBURY ACCOUNTS FOR THE YEAR ENDING 31 DECEMBER 2023 Endowment Fund 20231£) 20221£) Opening 8alance Revaluation Gain/L055 Closing balance 18.773 1.657 20.429 20.577 -L.805 18.773 This is o nyemDriolfvnd heldin pery>etuity topmvide incorne to the 6eneml Fun6_ E7657.46is held in the Bcnk Ac£oun¢ while the ren7ainderisinvested tn 4220_83 CBFGloknl Incomeshore Cedric Collin s Memorial Fund 20231£) 20221£) Incorne TOTAL TOTAL Opening Bilinces 34.827 2.606 37.433 29.979 PAJd Receipts LeEary Interest on Investments 10.454 630 636 636 Revaluation GainlLoss 3.332 3.332 13.6301 Less Payfflents TTaininE Grants Closing Balances 38.159 3.242 41.401 37.433 Represented bv 8ank Account C8F Global Equity Income Fund Income Share5 IB489_78 units at mktvaluel 15.549 25.6￿¥ 15.075 22.358 41.239 37.433 7he operatioft olthrslyndis governedby17 ￿Stdeed underwhich the Pccis rnonaging trustee. the pcchus oppointed o conbnucbon cornmittee to cttend to the detailed offcI￿ Dlthefvnd_ the objertof thefund is tDSUPPOrtmembers olthe Porjsh who un6ertuke theologiczl ond rEluted training course The applicution prKxYduFrforbur50riesi5 oudinedin the pcrjsh review. an Fund 20231£) 20221£) Opening Sjlance 9.362 7.347 Pdd Receipts 25 2.015 Closing Balance 9.387 9.362 7hisfvnd hus been setup by the PCC to oc(vrnulotefvndsfrom vorious events undoppeols to ￿ett the costof rnojorrepoirs to the Church Oryon. ST PHILIP'S CHURCH NORBURY ACCOUNTS FOR THE YEAR ENDING 31 DECEMBER 2023 Reorderin Fund 20231£) 20221£) OpeninE Balance 43.475 47.129 d Receipts ividend5. Interest Tronations Iforvestry Fund) 1.094 1.058 1.094 1.058 Investment revaluations 3.482 -4,712 Less Payments Closing Balance 48.052 43.475 RepTe5entedby CBF Investment Fund11.802.70 Units) Due from Currentkcount 40.751 7.301 36.174 7,301 48.052 43.475 7hlsfvnd is the iemFJuntof Mon￿$ usedforthe cljurch reordering Itis iFJtende6 tobe UsedAorAutherreordering wort tn due mttt3e, possibly supplernented by otherresources CBFlnvestrnentFund divrden65 received duirng theyecrwerere-invested osJUrtherSho￿ Una lied Le J¢ieJ 20231£ 20221£ Opening Balance utilised in year New LeEacy- Name New LeEacy- Njme New Legacy- Name Closing Balance 345.885 .177 338,273 -3.564 5,176 339.707 345.884 Dorothy Morris sally Harri5 Merrick Hawkins Exrs. Joyce Carter William N.8akerlil William N.8akerliil 24,716 19.371 ILX).554 10.595 125.553 29.037 6.433 io.o)o 7.449 24,716 19.371 IW.554 10.595 130.014 29.752 7.434 iO,OC4J 7.449 Derek Thomas Keeping Edna Colliftgs Rev Derek Goodrich Robert Prizeman 339.707 345.885 The5elegaaes urE unre5trtrteéfvnds which huve been rnodelorthe geneFuPpury￿ses of the PCC. eX￿pt the monEyIEftbySally Ha￿￿5. bvhich IS ITtthE discretion of thE Vicof. ond those leftby Williom N. Boker. Leooty li) is oot to be L4sedfor the holl ljij isAorthepur¢hose of speDAyc items ond I." Jis to be oiven tosuch Chftstion otyonisotions 0$ StPhilip's decide& These hove been keptsepofote to reflertthe desyfe to upply them to suitoblepioiects when identrfied. ST PHILIP'S CHURCH NORBURY ACCOUNTS FOR THE YEAR ENDING 31 DECEMBER 2023 GENERAL FUND BuDG￿- RECEIPTS 20231£) Ae5tsKted 20241£) Rellined ChT15tian Stewardship Incorne Tax Recovered Church, House and Sundry Collections General Eionations Hall Lettings Church Shèring Fund Raising ktivitie5 Investmerrt Income Surpliie Fee5 Pèrish Review Grants Received Sundrie5 22.474 2.992 5,421 3.245 23.426 1.980 6,405 354 811 23.ofA) 3.1(K> 5.5C¥) 3.3C(S 24.ICM) 1,980 599 590 67.746 599 69.380 Le55 Restricted Incorne Missions and Charities Gift5 in memoriam 599 67.147 69.380 Gen•ral Fund Summa Opening Balance -146.604 -175.093 Total fieceipts 67.147 69.380 Less Total PayN*nts -95.636 -116.850 Excess Receipts/lPèymentsl Fabric Fund Support (see Note) -28.489 -47.470 Net Exce55 Receipts/lPJymentsl -28.489 -47,470 C105ing Balance -175.093 -222.563 ST PHILIP'S CHURCH NORBURY ACCOUNTS FOR THE YEAR ENDING 31 DECEMBER 2023 GENERAL FUND BUDGET- PAYMENTS 20231£) 20241£) DIOCESAN PLEDGE .46.C .51.( VIW ANDVICARAGE Vicar's Allowances - Telephone - Clergy Fees and Expenses - Recruitment Costs -1.218 -1,3C -283 -1.501 -2.3C MUSIC Chotrma5terlOrEènist Organist Deputies - Choir ExpEnse5 - Robe5 Music and Ststionery Copyright Licence ood FTiday Requiem -IcN) -7,5( -127 -2 -417 -850 -8,550 CHURCH EXPENSES -Ga5 Heating Repairs and Maint Electricity Insurance Repair5 and M?intenJnce - Water Cleaning and Sundries -1.438 -1.980 -5,267 -4.390 -2.455 -57 .1.5(M) .1.5(K> .4.50) -1 -15.587 .Ig.cTh) IL EXPENSE5 -Ga5 Heating Repairs and Maint Electricity Insurance Repairs and Maintenance - Water Cleèning and Sundries PPUPRS License Fee -2,671 -3.677 -2.251 -2,927 -2.448 -516 .1.50) .2.3( -9.036 -386 -9.31Y) -23.912 -25.9c￿) MISCELWEOUS Printing P05taEe and Stationery - Altar and Church Ser¥ites JurTrior ChuTch and Confirmation 5undries Parish Administrator -2,544 -423 -450 -50 -95.636 -116.850 ST PHILIP'SCHURCH NORBURY ACCOUNTS FOR THE YEAR ENDING 31 DECEMBER 2023 Surnmwy G*nthlFwd FI￿[FUnd Tthl Llii•¥¢N¢tsd FundÈ Erknni F￿d TDtaFuAth M•morWI Fund MMeVJhrt• murthl Fund Fund &9 io io a￿￿1￿&￿￿[￿£tlSt1l￿￿ry202 1146.6IN 307.579 a45.885 695.599 14773 31￿? sa599 76L314 4.348 71.539 25 7325Q 4.a48 12P.U41 2$ 636 ia.786 17.741 L657 3.532 •L777 i*7g￿l￿￿*t3lstD￿*￿￿*r1o1j 387,445 339.7Q8 159P5I 148 9.387 3.142 147F7 33.159 5457B slat￿•nI0f *A•Is￿d Llablttl fjin•rilFwd FIM¢PA Tot•1 rnstrtrted ¢knwFthid Trdl¢Oilllr• •rry& Tot•1 Mtmurhl Fund ￿MewhIte Roytrttted MnnwJ￿I Fund Erlwm•nt (•drl¢(*1sr•s Fund Totil TotdFur IC•ph4 Furtds nkAicovnl CBF Dèotbsil Fvf*l bTo 1175.W3 381.445 (186. 7.￿1 27.lu 9.387 3,242 14777 7.657 12.469 24110 1175ty>31 382M5 (X6&￿9) 7.>)1 9.387 3.242 12.469 HeJdlQrlnve￿MeTrrP￿FPD5￿S 51r*ks￿dsha￿*IcBFlhVÈs￿￿￿￿1FUrtdI) 526.177 40.751 159M51 n5.Y7B Il772 25.&YJ Chu[th￿￿1￿[hU1￿Hal15.C￿5ecr3t￿dtand.(xhEr￿I￿n￿5 herF4MWie5.t￿1￿S1 Equipnwt FreehddLand TQTALFWIi55 117S.093 3¥1,44S 339.7 159mi 148 9.387 14777 38.159 S&$86 1 É1.6th)Wis($k¢ted4ndp•wdontOVWWV5nu55ipThs•ndchiiiDp5￿theve￿￿. a5IepDrt¢d￿Pl8e$.ÉI.￿1ofth￿￿￿(￿￿1¢gl¢1PSWWyS. 2 F￿sIn￿w.LEEIc1￿haVebEenshDwnabtSve￿UnIe￿tT1EIed.￿￿1nth￿d￿tlIkdaC(￿￿it￿nb￿5e￿￿thèI￿￿rel5l￿￿mEnIQIlE￿tTK￿￿￿s￿xn?pITts￿fttr￿5￿. A55knwnAbtbVetheL￿￿51DtaI￿pa￿￿￿uFDINNeSh￿tsVllththPblI￿Keduploth￿ba￿kat[0urtThp￿￿￿{DTkn55I￿1￿￿Q￿thpsEIwÈ5b￿tshlsbÈthl￿r￿d1Oth￿FIb￿FUnd. V• IiY*S6 I report on the Accounts of the PCC for the year ending 31[st] December 2023, which are set out in the Financial Review section of the Annual Report of the Trustees (PCC). ## **Respective responsibilities of trustees and examiner** The PCC is responsible for the preparation of the accounts. The PCC considers 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: - examine the accounts under section 145 of the 2011 Act; - to follow the procedures laid down in the general Directions given by the commission under section 145(5)(b) of the 2011 Act; and - to state whether particular matters have come to my attention. 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 those matters set out in the next 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: - a. to keep accounting records in accordance with section 130 of the 2011 Act; and - b. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act. have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Mr Andrew Winter, MA, ACIB 6 Calluna Drive, Copthorne Crawley RH10 3XF 8[th] May 2024 1