Parish of St Augustine & St Aidan Tonge Moor, Bolton
End of Year Financial Statements Year ending 31[st] December 2022
Registered Charity Number 1186322
PAROCHIAL CHURCH COUNCIL OF THE PARISH OF TONGE MOOR, BOLTON REPORT & FINANCIAL STATEMENTS ST FOR THE YEAR TO 31 DECEMBER 2022 Page No Annual Report of the Parochial Church Council (PCC) Independent Examiner's Report PCC Financial Report Notes to the Financial Statements Statement of Financial Aclivilies Balance Sheet Statement of Assets and Liabilities Analysis of Income and Expenditure 10
THE PARISH OF TONGE MOOK BOLTON ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL 5T FOR THE YEAR TO 31 DECEMBER 2022 ADMINISTRATIVE St. Augustine's Chur¢h is situated on Thicketford Road, Tonge Moor, Bolton BL2 2LP and St. Aidan's Church is situated on Crompton Way, Hall i'th. Wood, Bolton BL2 8UP. They are part of the Diocese of Manchester within the Church of England. The correspondence address is St. Augustine's Vicarage, 9 Redihorpe Close. Tonge Moor, Bolton BL2 2PQ. The Parochial Church Council (PCC) is a charity exempted from regislration with the Charity Commission. The members of the PCC are.. Father Tony Davies (Chairnian) Ruth Taylor Pam Davies Linda Parkinglon Margaret Mullen Gill Browne-Townley Mike Cheetham David Morley Mandi Watson Sue Loftus Katherine Taylor John Harrison Elsie Hollinrake David Taylor Incumb¢nt - Church Warden General Synod Representative (Elected until 2025) Deanery Synod Repres¢nlalive {Due to retire this year) Deanery Synod Represeniaiive {Due to reli this year) Deanery Synod Represenlalive (Due to retire this y¢ar) Ele¢led until 2023 (Due to relir¢ this year) Elected until 2023 (Due to retire this year) Elected until 2023 (Due to retire this year) Elecied until 2024 El¢¢l¢d until 2024 Elected until 2025 Ele¢led until 2025 Elected until 2025 The method of appointment of PCC members is set out in th¢ Church Representation Rules. All Church attendees are encouraged to r¢8lSter on the Electoral Roll and stand for eleciion to ihe PCC. The PCC has the responsibility of co-operating with the incumbent. the Reverend Tony Davies, in promoting in the ecclesiastical parish the whole mission of the Chur¢h, pastoral, evangelistic, social and ecumenical. It also has maintenanc¢ responsibilities for the Church and Parish Hall ai Si. Augustine's Tonge Moor, Bolton and the Church and Hall al St. Aidan's, Hall i'ih, Wood, Bolton. Con't...
THE PAIUSH OF TONGE MOOR, BOLTON ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR TO 31- DECEMBER 2022 HIEVEMENTS & PERFORMANCE There are 70 parishioners on the Church Electoral Roll, 43 {61 /0) of whom ar¢ not resident wiihin the parish. The average weekly attendan¢¢. counted during October, was 76, but this number increased at festivals and special services. During this year, the following meetings were held: 9 PCC meetin8S 5 Sthnding Committee meetings 4 Si Aidan's Management Committee meelings. The 8vernge attendance of PCC members was 86.5P/o. Thanks are due lo the memb¢rs and officers for their work throughout the year. Matters considered during the year include.. Safeguarding. health and safety and church fabric. consideration of the accounts; alterations lo Deanery boundaries and the introduction of new Mission Communities; insthllalion of a new healer in the Sacristy; further relaxation of Covid measures; replacemenl boiler; Auihori5ed Lay Ministers. intro- duction of a digitsl giving device. magazine 8dvertising; charitable donations; handrails to the chan¢¢l steps. clean- ing and repair of guilers. St Aidan's Management Committee (SAM8nC) is a subcommittee of the PCC and consists of the PCC Standing Committee. Meetings are usually held prior lo each PCC meeting and th¢ minutes for these meetings are circulated lo all PCC members. The remit of the Committee is lo monitor the day to day running of Si Aidan's Hall and Community Centre. This year SAManC has discussed repairs to the guttering, oven and rubber matting in the play area. Con't...
INDEPENDENT EXAMINER'S REPORT TO THE PAROCHIAL CHUR THE PARISH OF TONGE MOOR BOLT AUGUSTINE COUNCIL OF I report on the accounts of the parish of Tonge Moor, Bolton St Augustine & St Aidan for the year ended 31 December 2022. Respective rnspon8ibilities of PCC and examiner As members of the PCC you are responsible for the preparation of the accounts in accordance with the requiremenls of the Charities Act 2011 ('Ihe Act,). I report in respeci of my examination of the accounts carried out under section 145 of the 201 l Act and in carrying out my examination I have followed all the applicable Direciions given by the Charity Commission under section 145(5)(b) of the Act. Bas18 of Independent examln•r'8 report My examination was carried out in accordance with the general Directions given by ihe Charity Commission. An examinalion 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 truslees 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 lo whether the accounts present a 'tru¢ and fair view and the report is limited to those mallers set out in the statement below. Independ•nt examinerf8 Statsment I have completed my examination. I confirni that no material matters have come to my attention in conneclion with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by section 130 of the Act. or the accounts do not accord with those records; or the accoun15 do not comply with ihe applicable requirements concerning the forn] and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a'true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Name.. Kathryn Hodgkiss FCA Relevant professional qualification or body.. ICAEW Address: J F Balshaw & Co, 20 Old Kiln Lane, Heaton, Bolton. BLI 5PD Date: 15. March 2023
THE PAROCHIAL CHURCH COUNCIL OF THE PARISH OF ST AUGUSTtNE TONGE MOOR & ST AIDAN HALL'I'TH'WOOD, BOLTON AKNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL For the year ending 31 st December 2022 inancial Revi 22 You will notice some changes to our accounts this year as your PCC have voted to adopt a simpler way of recording Gift Aided giving; from this year, these figures will be shown under the headings 'Regular Giving- Standing Order, and 'Regular Giving- Envelopes,. At the beginning of 2022 we found that the Smartm¢ler which records our electricity usage at St Augustine's was defective, so our supplier was unable lo calculate a bill for 16 months. The problem is almost resolved, but at ihe end of 2022 we were holdin8 back funds in the currenl account and were unable to pay our Parish Share. This explains the unusually large bank balance at the end of the year and the very high figures for liabiliti¢s/creditors. In January 2023 we were able to pay an interim electricity bill and send a late payment towards our Share. We have therefore been able to pay 45 % of our full share of £37,142 for 2022. During 2022, the scannerlcopier at St Augustine's was declared beyond repair and the boiler which runs the church healing system was approaching a similar condition. We have been able to replace the boiler with a pair of more efficient modern ones using res¢rve funds generously donated as legacies io our Fabric Fund. Although our income generating activities are still recovering from the halt caused by the Covid pandemic, our rental income is slowly growing. the Summer and Christmas Fairs give not only a welcome chance to socialise but a very welcome boosl to our income. Our stocks at Banco Santander would, should we wish to realize their value, be sold on the Madrid Stk Ex¢hangJe and subject to Spanish financial regulations. The value of the investment with Santander has been calculaied as the closingi value of the shares on the Madrid exchange and the Euro/Sterling exchange rate at close of business on 31. December 2022. Other inveslments are valued as before at market value on the London exchange at close of business on 31° December 2022. Fixed Assets are shown at book value at the previous year end less depreciation of 250/0. Our policy is lo relain a minimum of £5000, undesignated, for unexpected emergencies, Approved by the Parochial Church Council on -Z. t74L.-m Zo z -and signed on its behalf by the Reverend David Anthony Davi¢s (Incumbent of th¢ Parish and Chainnan of the PCC) -{Chairn]an's Signature 23 -(Daied)
THE PAROCHIAL CHURCH COUNCIL OF THE PARISH OF ST AUGUSTINE TONGE MOOR & ST AIDAN HALL'I'TH'WOOD. BOLTON NOTES TO THE FINANCIAL STATEMENTS 2022 ACCOUNTING POLICIF.S The financial stsiemenis have b¢¢n prcpar¢d on an accru$ basis in accordance with the Charitie5 Act 2011 and the SORP 2015 And have been prepared under th¢ hisiori¢al cost conveniion. Inv¢simrn¢ ass¢is are shown at mark¢i value. Th¢ financial 81¢MentS include all tranlIOns, assets and li8biliti¢s for which the PCC is responsible in law. They do not irt¢lud¢ the account5 of church 8roup5 which owe their main aftiliaiion 10 anoiher body. nor those thai ar¢ infonnal gatherings of ¢hurch member5. FUNDS Emdowmeni Funds are funds. th¢ ci)pito1 ofwhich musi be main]lled. Only incom¢ grisin8 from inv¢¥im¢nt of the cndowrn¢ni may be us¢d either a5 restricied or unre%iri¢i¢d fund& dependin8 on ihe PUTfx)se for which the ¢ndowment was estsblished. No endowment furtd$ exi51ed ai 3111 212022. Resipiciedfunds TepTeseni181 in¢ome from trust5 or endowmeni$ which rnay be exnded only ort Ih05c reslricled objects provided in the iemis of thr tTU51 or twuesL and Ibl dutsations or grants r¢¢¢ived for a specific object or invii¢d by the KC tor a specific obje¢i. The funds may only be expend¢d on ihc 5pccific object for which Ihcy wer¢ given. Any b&laD¢¢ r¢mainin8 unspent ai lh¢ end of ¢a¢h y¢ar MU b¥ rarried forward SS 8 balance on ihal tund. Uveslriciedl#ndy are general futtds which can be used for PCC ordinAry purpose INCOMING RESOURCES Planned giving. collcclions and donaiion5 are rccognised when rettived. T&x refunds are re¢o8t)iwJ when thc incomin8 r¢soiir¢e to which Ih¢y r¢lal¢ is Tec¢ive41. Gr&ni$ und l¢gacie5 arc accouniL'd for whcn th¢ IY'C. is le8ally eniitl¢d 10 Ih¢ aThoun15 due. Dividends are accouni¢d for when receivable, ini¢r¢si Is OCCTurd. All oih¢r in¢om¢ is r¢cogni5¢d whgn li is r¢c¢ivable. All incoming rc8our¢¢$ ar¢ accounied for 8TOS$. RESOIJRCLS r.XPENDED Grgnts 8nd dollaiions are accounied for When paid OV¢T. or wh¢n awdrd¢d, if Ihal award creaies a binding or construcii¥¢ obli8aiion on Ihe PCC. 'The diocesan parish share i$ ac¢vuni¢d for when due. Amounts r¢cei¥¢d spLcifically for missions Are trcated re51ri¢1ed funds. All trexPenditUrC ts 8¢n¢rally r¢¢ogni5cd when it is in¢urred And 15 accounted for gro. IXF.I) ASSI.-'I'S Consrfrated and benefice prortrry 1$ noi ineluded in the Accoun¢$ in aecordancc with S2llal ofihe Charsties Act 1993. Mov¢abl¢ church fumitur¢ hcld by Ihe vicar snd ihurch ward¢ns on special trusi for the PCC and which r¢quire a farul¢y for di5pos81 are inaiientsble property. listed in ihe ¢hur(h's inveniory. which Lan be inspcc*d lai any re&8onabl¢ iimel. A&5¢1s acquired before 2(W are noi valued ther¢ 15 in5Utricient Losi information. Until 2(MK> no individual itcm had cost morc than £1000 50 all wch expcndilure h8$ been wriii¢n off when incurred. Any equipment is d0CIated usin8 ihree possibl¢ Meth5. Short lived assets- 20% straL8ht line meihod. mlum & long wets. 25Q/o and 15010 r¢durin8 balance reSP¢¢livcly. An &ssels re8Ls¢¢r 1$ mainlained to track &83¢t v8lue$. Equipment with a PUT£ha3¢ prxce of£500 or less is written otywhen th¢ as( 15 quIred. INVESTMF.NTS InvesThents ¢ shown at market value at 31. tkc¢rnber 2022. AGENCY COLLEcfioNS Where the PCC aci$ a5 a rolleciion agency for monies received for and paid out to third partics Ifor in$ian¢e retiring collections for prcspecified chtiriiies. Walsingham Cell sub¥Tiplions etc,) Ihcse are deem¢d not lo forni lh¢ funds of Ihe PCC. A full li51 of Agency Collcctions 15 avwlable for in5ctIOn lai any Teasonable timel.
Statoment of Financial Activities Unrestrieted furtds Restricted Endowrnent fund5 funds Total funds 2021 In¢ome athd endowments from: Dortaiiurts and l¢gaci¢s Incom¢ from charitable activities Other irading activitics Invesitnen15 Other income TotAI incom¢ *bd endowments from: £35,127 £3.279 £19,239 £823 £887 £36,015 £3.279 £19.239 £839 £37.550 £2.378 £13.265 £426 £335 £53.956 £15 £58870 £902 £59J73 Expendltur¢ on: Raising fvnds l.-xpendiiure on ¢haritoblc activities Totsl expendl¢yrt oh: £39 £68.800 £68039 £39 £116 £68.81X £83.982 £68W9 £84m8 Net income I l¢xp¢ndliurel I£IOJ691 £902 (£9,466) 1£30,1421 Tr4nJfe GTOSS transfcrs be(we¢n fund$. in GTOSS transfers bdween funds. out Nei lrteome I lexpendltyrtl £19.542 £19.429 i£ioJ%i £19.542 £19.542 1£9,4661 £21.979 £21.979 1£30,1421 £112 £790 Oth¢r reeogn15td galns I tos Gain4 I losyes on invesim¢ni $¢1$ Nei lljovtmtnt in funds £15.050 £4,793 £15.050 £907 (£29334) £7 Totsl brought forward £17&796 £18,026 £19412 £224.057 Totil fvTrd$ earrled forward £181 J89 £18316 UIKJAOS £194822 RtprtJen¢¢d by Desi8ngted CotE Deposii Fund Flower Fwid MG Inv¢simeni Messy Chur¢h Saniander Inv¢51meni Si Aidans Church Trund St Aidans Re¥¢rve Fund Si Aidans Sinking Fund St Augusiines Church fund St Augu51ines Fabri¢ & l.cgacy SI Augusiines Orgtrt l.-und St Au8U51ines Sinking Fund UTB Si Aidatis Inv¢51men¢ £5.989 £209 £3.317 £215 £277 £3.051 £47.020 £11.709 £26.131 £38.223 £7.105 £1.336 £37.(KM) £5,989 £209 £3,317 £215 £277 £3.05] £47,020 £11.709 £26.13] £38,223 £7.103 £1.336 £37.1 £5.911 £182 £3.326 £253 £276 £1.00? £46.918 £11.684 £5.996 £56.476 £6.590 £37.IMJO Restricted Parish Holiday Fund St Augumines Cai¢rin8 Fund Walsin8ham Fund £59 £18,748 £8 £59 £18,748 £8 £59 £17,962 £4
Balance sheot TotAI funds 2021 Flxed Tlb]e InvestnKDts £19.667 £10 489 £2.528 £10.418 £12,947 Curre1 tkblors Inve51rneiiiS C&sh ai bBnk and in hfjnd £6.536 £37.000 £139250 £182.786 £1.107 £37.000 E148624 £186,732 Crcditors.. Arnouits f4llin8 du¢ itsone ye £12536 £12.136 £4057 Net eurrtlll aJSEts Iw ¢wrrtTrt IIAbllltlei £170J49 £181175 Totsl It current Ilblllll £194J22 Totsl nei lem Ilbilltlti £23 £194J22 R¢pre*Tried ty G¢n¢rnl fund DeylRn4itd Si Aidon5 Church Fmd Mli Inv¢sim¢ni M¢5s> Church S3nthnd¢r Irv¢simeni UTB SE Aidans Invesimem Si Aidans Sinkin6 Fund St Aidans H¢s¢rv¢ Fund St Au8usiirKsC'hurrh l-.und St AususllrS FAbri¢ & Leycy St Au8usiirrtsOr8an Fund St Au8usiirrts Sinkin8 Fund CotE Ikposii frund Flower Fund £3.051 £3.317 £215 £277 £37.IMM) £11.709 £47.020 6.131 £38.223 £7.105 £1,336 £5,989 £209 £1.007 J26 £253 U76 £37.000 £11.684 £46.918 £5.996 £56.476 £6.590 Restrl¢led 51 Augusiin¢sCat¢r¢ng Fund Pansh Ilolidoy Fund Walsingham Fund A8ency colle¢ii¢m £18.748 £59 £17.962 £J9 Fund#oftht ehurch £194 22
Statement of assets and liabilities General Desi nated R¢stri¢ted Endowment Thls 2021 Mxed 155tts- lTrvegtrnenis Colt. Deposit Fund no 1240011059D- M&05ecunlies Charifund no 0024015757- Banco Santhnder ord shAr¢s no101272- £5.989 £4.186 13 £IOA89 £5,989 £4.186 13 £IOA89 £5.911 £4.194 £312 £IOh18 Tot# Flied I¢¢- YiTrgiblt assets SI AU8Us1ies Equipmeni L¢gxy l.1.17- Si Ai¢Jans Equipm¢ni L¢8a¢y l.1.17- SI Augusiines Boiler. Si Augustines office Wpi¢r15cwr- £574 £133 £16.81K) £574 £133 £16.800 £766 £177 £1,583 TotAIi £19M7 £19th67 £2J28 Crrent tI1- Cish •t bApk SI Au8USiints BsInESs Cvff¢ni a¢unt- 81 Aidans Flusine55 Curreni accouni- SI Au8USlin¢s Fabri¢ and Lewy ¥wuni- SI Au8USlines Sinking Rccouni. Si AuguMin¢s (kgfin attounl. Si Augumines CAkrin8 account. WDlsinghom a¢¢ounl- Plsh Holiday Fund 8¢couni. Si Aidjns Reservt a¢wuni- Si Aidans Flall 5inkin8 accoum. Flow¢r Fund- M¢ssy Church xtouni. £10.172 £3.710 £38222 £940 £7,105 65 £10.43? £3.710 £38222 £940 £7,105 £18.748 12 159 £47.021 £11.909 66 15 1139250 £3.760 £2.769 £56.474 £777 £6.590 £17.962 £834 £59 £46.919 £11.884 £JJ9 £253 £148th24 £18.748 £512 £59 £47.021 £11.9[) £366 £213 1119 Totsl$ Current yAeii- Iltbiors AcrounL% Ree¢iwable- To¢•l$ £OJ36 £1.10? Currtnl ijyoty- Inytstmem Unikd TTUSI Bank- £37.IKK) L37J Tot•li L37.fKKJ U7,fMM) Llbilitlu- AgeTh¢y itcounts Ayency colk¢iiiins- £768 £768 £768 TotlJ £IA63 L1xbllltt. C.rcdltori.' fAIIIMidut ont yer A¢tounts Piyobk- 11.768 £11,768 To¢lJ £11.768 UJ94 Gr•nd iothl 1181189 £1 16
Analysis of income and expenditure INCOME AND ENDOWMENTS Donatlons andlogacies SO Gift Aid Bank SO Non Gift Aid Bank Regular Giving-Stsndin8 Order Gift Aid-Planned Givin8 Env¢l¢)pes Regular Giving-Envelope (hh¢r l>lanncd tiivin8 noi 8ift aided On¢ off Gifl Aided env¢lo Open Pla1¢ colleciions Oth¢r Giving Csndl¢ saleal)Safe Te&lCoffee Donations Flower Donaiions tksignjicd Donaiions Don81ion% lo mi*sion Mix Dursalion¥ GASDS Gift Day5 Tax Recoverable on Gifi Aid Legacies Non Re¢urring one oft8ran¢$ £9,288 £2,322 £11.106 £11.106 £9,592 £11.359 £11.3S9 £2.522 £1.300 £1,910 £479 £486 £1.3(K> £1.910 £479 £486 £887 £138 £1.857 £2.524 £6(M> £63 £234 £I.IXM) £2 £28 £1,740 £4.984 £566 £2J £37.530 £887 £138 £5,546 £300 £2.500 £35.127 £5.546 £300 £2.5(K> £36.015 Total £887 Ineome from charltable actlvltl08 Fees to ParI5h•weddin8certIfI¢a[eS F¢¢s due 10 Pari5h-Funer&ls £1.077 £1.077 £170 £2.202 £3.279 £2.202 £3,279 £2.208 £2.378 Tolal Othor tradlng oCtlvltlo8 MagdLin¢ salc Youth ActivitieM5Y Church 100 Club Sub5rription5 Summer Fwr Chri$ima5 F&ir SoLi81 Evenis Parish ITIP r¢ccipls Other Fundraising Activity k Sa1¢5 Fundrdising Church Hall l.¢lting5-St Aidans Church H811 Lettings- St AugU1n¢$ Toi £130 £150 £116 £688 £910 £2.290 £697 £255 £394 £28 £21 £687 £1.081 £2.308 £277 £688 £910 £2,2) £097 £233 £394 £199 £78 £7.3(K) £11.5JO £2.186 £19.239 £11.550 £2.1116 £IY.239 £13.265 InvtMentS Dividend5 Bank int¢res¢ £334 £288 £823 £534 £304 £839 £395 £30 £426 £15 £15 Total Othgr Income Insurance Claims £335 35 £53.956 Toial INCOME TOTAL £58.470 £902 £59.373
EXPENDITURE Unr De$1 Ra181ng funds Co%is of fundraisin8ltrading events Total £39 £39 £39 £39 £116 £110 Expendlturo on ¢harttable acllvltlo• Overseas Missions Home Missions Pwish Share Parish Share- Latr pymi Ministrylclergy expenses Ministry. Clergy House Minisir). CleTgy Council T&x Cosl ofMi%sion and Evan8¢li$m Carei&k¢rs Honorarium Or8ani51s Flonorarium Youth ActivilicslMe55y Church Chur¢h Insurance Church F.Icctricity Chur¢h Gas Chur¢h Wal¢r Church Running Fxpens¢$ Church Sundry Materials Church Mainlcnance Churih Minor Repairs Maiiriiils for Services Sa¢riity Supplics Chur¢h Flowcr5 Upk¢ep of Churchyards Hospitslity £350 £103 £9,400 £6.600 £1,731 £291 £2,379 £71 £1,458 £2,640 £153 £4,834 £4,190 £2,981 £703 £2,033 £350 £163 £9,400 £6.600 £1.751 £291 £2,379 £71 £1.458 £2,640 £153 £4.834 £4,190 £2.98] £705 £2.033 £617 £180 £3&414 £1,740 £804 £2.063 £1.382 £2.910 £68 £4.409 £2.062 £3.932 £551 £1.848 £181 £2.662 £74 £581 £75 £52 £13J £37 £1.535 £1.585 £2.008 £478 £13.444 £400 £2,818 £2.818 £624 £566 £216 £278 £55 £1,520 £1,806 £1.696 £395 £624 £566 £216 £278 £ss £1,526 £1.806 £1.696 £393 Flall Oas Hall MatDi¢nan¢e Hall- Watcr H911 Mis¢ ExAminiiionlAudit fee5 ms>.1n¢ expen5C5 cosi of g¢n¢ralin8 tealcoffe¢ don811on5 Fair and So¢ial even¢s expenses Siewardship envclopc5 Printin&lSiaiionery Misc Admin Expenses Prtseni81ion of Flowcrs and Gift5 Publication% purthused Parish Trip Expvn5e5 Church- Major R¢pair5.Contents Advertising other paym¢nt5 and dq)rcciation of ass £4 £48 £159 £400 £48 £159 £42 £166 £575 £274 £42 £166 £573 £274 £158 £168 £219 £100 £124 £20 £250 £16,81X> £72 £20 £250 £16.800 £72 £63 £842 Tota] EXPENDITURE TOTAL £68.81X> £68.839 £83.982 £84.098 £68.839 GIIAND TOTAL £10.369 £9112 £9.466 £30 142