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2023-12-31-accounts

MEETINGS OF THE PCC in 2023
-28 March
-30April
-20June
-7September
-7 December
MEETINGS OF THE STANDING COMMITEE IN 2023
-27 February
-22 May
-21August
-13November

Itwas agreed that it was now safe to move back to Holy Communion
in both kinds.
a variety ofdiscussions
relating to heritage, We received
a very positive letter from Historic Engand
resulting
from a
"secret shopper" visit to the church. We secured funding for a heritage consultant
and appointed
Heritage
Lincolnshire.
Discussions continued
relating tothe Phase 2 works including
consideration
ofan expert report from Adrian
Dempster
about the tower.
Julie Green was appointed
as Social Media Officer and her work has revolutionised
our communications.
There was significant
discussion ofthe variety ofservices held at SMDC due to the closure ofthe Cathedral.
These were: 2
April a service ofreadings
and music for passion tide with the cathedral
choir; a cathedral
evensong on 23 April; on 11May
a cathedral
Civic service to mark the Coronation;
a funeral on 23June; two Lord Mayor services on 3September
and 1
October; and the High Sheriff sjustice service on 29October. In addition, the Cathedral
used the church for
school visits on
five occasions in 2023.The PCC were delighted to receive a hand written card from the Dean thanking
us for all we had
done while the cathedral
was closed.
There was careful consideration
ofthe Minister Communities
project which
isto be extended to the City during 2024.The
PCC resolved to engage fully with this project and then to decide what is in the best interests ofthe mission ofSt Mary de
Castro.
Another item discussed
was bell ringing which, under the leadership
of Lewis Benfield, had returned
with weekly practices
and regular visits by bands ofringers.
Due to the excellent reports from the Parish safeguarding
officer the PCC has compiled
with its duty
under
sector Softhe
Safeguarding
and Clergy Discipline Measure 2016.

STATEMENT OF FINANCIAL AC
FOR THE YEAR ENDED 31DEC
TIVITIES
EMBER 2023
2023 2022
Unrestricted Restricted Total Total
fund funds funds funds
Notes E E E
INCOME AND ENDOWMENTS
Donations
and legacies
FROM 36,734 8,030 44,764 72,032
Charitable
activities
Charitable
Activities
4,641 4,641 5,833
Investment
income
Total 41,376 8,030 49,406 77,865
EXPENDITURE ON
Charitable
activities
Charitable
Activities
32,858 8,563 41,421 33,745
NET INCOME/(EXPENDITURE) 8,518 (533) 7,985 44,120
RECONCIUATION
OF FUNDS
Total funds brought
forward
12,098 23,409 35,507 (8,613)
TOTAL FUNDS CARRIED FORWARD 20,616 22,876 43,492 35,507

2023 2022
Unrestricted Restricted Total Total
fund funds funds funds
Notes E f E E
FIXED ASSETS
Tangible assets 12 19,126 19,126 20,072
CURRENT ASSETS
Debtors
Cash at bank
13 1,964
23,001
1,000
8,380
2,964
31,381
1,671
18,335
24,965 9,380 34,345 20,006
CREDITORS
Amounts
falling due within one year
(4,349) (5,630) (9,979) (4,571)
NET CURRENT ASSETS 20,616 3,750 24,366 15,435
TOTAL ASSETS LESSCURRENT LIABILITIES 20,616 22,876 43,492 35,507
NET ASSETS 20,616 22,876 43,492 35,507
FUNDS
Unrestricted
funds
Restricted funds
20,616
22,876
12,098
23,409
TOTAL FUNDS 43,492 35,507

DONATI ONS
AND LEGACIES
2023 2022
f f
Donations 17,748 47,931
Gift aid 4,359 7,981
Legacies 1,000
Grants 5,630 1,087
Planned giving 13,013 12,052
Collections at services 3,014 2,981
44,764 72,032

2023 2022
f f
Heritage lottery Fund 5,630
Leicester Coff 1,087
5,630 1,087
4. INVESTMENT INCOME
2023 2022
f f
Deposit account interest 1
5. CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 6)
f
note 7)
f
Totals
f
Charitable Activities 36,737 4,684 41,421
6. DIRECT COSTS OF CHARITABLE ACTIVmES
2023 2022
f f
Church running
expenses
20,163 13,686
Church repairs and maintenance 3,711 2,598
Insurance
Parish share
Stationery
and publications
9,613
2,000
150
8,072
2,000
244
Organists
Interest payable and similar charges
1,100 2,030
348
36,737 28,978
7. SUPPORT COSTS
Governance
Other costs Totals
f f f
Charitable Activities 1,846 2,838 4,684

Finance
2023 2022
Total Total
activities activities
f f
Bank charges 15
Other
2023 2022
Charitable Total
Actwities activities
f f
Depreciation of tangible fixed assets 1,846 1,786
Governance costs
2023 2022
Charitable Total
Activities activities
f f
Independent examination fees 2,838 2,966
INDEPENDENT EXAMINERS' REMUNERATION
2023 2022
f f
Independent examination 2,838 2,966

Unrestricted Restricted Total
fund funds funds
f f f
INCOME AND ENDOWMENTS FROM
Donations and legacies 31,586 40,446 72,032
Charitable activities
Charitable Activities 5,833 5,833
Total 37,419 40,446 77,865
EXPENDITURE ON
Charitable activities
Charitable Activities 31,611 2,134 33,745

COMPARATIVES
FO R THE STATEMENT OF FINANCIAL ACTIVITIES -continued
Unrestricted Restricted Total
fund funds funds
f f
NET INCOME
Transfers between
funds 5,808
(2,710)
38,312
2,710
44,120
Net movement
in
funds 3,098 41,022 44,120
RECONCILIATION OF FUNDS
Total funds brought forward 9,000 (17,613) (8,613)
TOTAL FUNDS CARRIED FORWARD 12,098 23,409 35,507
12. TANGIBLE FIXEDASSETS
Fixtures
and
Organ fittings Totals
f f f
COST
At 1January 2023
Additions
12,000
900
9,858 21,858
900
At 31December 2023 12,900 9,858 22,758
DEPRECIATION
At 1January 2023
Charge for year
800
860
986
986
1,786
1,846
At 31December 2023 1,660 1,972 3,632
NET BOOK VALUE
At 31December 2023 11,240 7,886 19,126
At 31December 2022 11,200 8,872 20,072
13. DEBTORS:AMOUNTS FALUNG DUE WITHIN ONE YEAR
2023 2022
E f
Other debtors 417 468
Prepayments
and accrued income
2,547 1,203
2,964 1,671
14. CREDITORS: AMOUNTS CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
f f
Accrued expenses 9,979 4,571
15. MOVEMENT
IN
FUNDS
Net
movement At
At 1.1.23 in funds 31.12.23
f f E
Unrestricted
funds
General fund 12,098 8,518 20,616
Restricted funds
Security fund
Organ fund
Energy fund
Future projects
Bells Fund
fund 8,872
11,200
1,087
2,250
(986)
40
(1,087)
500
7,886
11,240
2,250
500
Music/Choir
Fund
1,000 1,000
23,409 (533) 22,876
TOTAL FUNDS 35,507 7,985 43,492
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources
E
expended
E
in funds
f
Unrestricted
funds
Genera
I fund
41,376 (32,858) 8,518
Restricted funds
Security fund
Organ fund
Energy fund
Welcome fund
900
5,630
(986)
(860)
(1,087)
(5,630)
(986)
40
(1,087)
Bells Fund 500 500
Music/Choir
Fund
1,000 1,000
8,030 (8,563) (533)
TOTAL FUNDS 49,406 (41,421) 7,985

Net Transfers
movement between At
At 1.1.22 in funds funds 31.12.22
f f f f
Unrestricted funds
General fund 9,000 5,808 (2,710) 12,098
Restricted funds
Church Restoration (19,863) 17,153 2,710
Security fund 2,250 8,872 (2,250) 8,872
Organ fund 11,200 11,200
Energy fund 1,087 1,087
Future projects fund 2,250 2,250
(17,613) 38,312 2,710 23,409
TOTAL FUNDS (8,613) 44,120 35,507
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
f f f
Unrestricted funds
General fund 37,419 (31,611) 5,808
Restricted funds
Church Restoration 17,501 (348) 17,153
Security fund 9,858 (986) 8,872
Organ fund 12,000 (800) 11,200
Energy fund 1,087 1,087
40,446 (2,134) 38,312
TOTAL FUNDS 77,865 (33,745) 44,120

FOR THE YEAR ENDED 3 1DECEMBER 2023
2023 2022
f f
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Gift aid
Legacies
Grants
Planned
giving
Collections at services
17,748
4,359
1,000
5,630
13,013
3,014
47,931
7,981
1,087
12,052
2,981
44,764 72,032
Investment
income
Deposit account interest
Charitable
activities
Church lettings
Other church activity
2,465
2,176
4,146
1,687
4,641 5,833
Total incoming resources 49,406 77,865
EXPENDITURE
Charitable
activities
Church
running
expenses
Church repairs and maintenance
Insurance
Parish share
Stationery
and publications
Organists
Diocese Loan interest
20,163
3,711
9,613
2,000
150
1,100
13,686
2,598
8,072
2,000
244
2,030
348
36,737 28,978
Support costs
Finance
Bank charges 15
Other
Organ
Fixtures and fittings
860
986
800
986
1,846 1,786
Governance costs
Independent
examination
fees 2,838 2,966
Total resources expended 41,421 33,745
Net income 7,985 44,120