PARISH
OF
BLURTON & DRESDEN PCC (Churches of St Bartholomew and St Alban)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31st DECEMBER 2022
REGISTERED CHARITY NUMBER 1191827
PARISH
OF
BLURTON AND DRESDEN
(Churches of St Bartholomew and St Alban)
| Contents | Page |
|---|---|
| Trustees Annual Report | 1 |
| Independent Examiners Report | 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5-11 |
PARISH OF BLURTON AND DRESDEN (Churches of St Bartholomew and St Alban)
FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022
| FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022 |
||||
|---|---|---|---|---|
| STATEMENT OF FINANCIAL ACTIVITIES Note INCOMING RESOURCES INCOME AND ENDOWMENTS Donations and Legacies 2a Activities for generating funds 2b Income from investments 2c Church Activities 2d TOTAL RESOURCES EXPENDED Church Activities 3a Raising Funds 3b NET INCOMING RESOURCES TRANSFERS BETWEEN FUNDS NET MOVEMENT IN FUNDS Total funds brought forward Total funds carried forward |
Unrestricted Funds £ 35,488 27,101 217 9,815 72,621 81,074 - 81,074 8,453) ( 8,453) ( 49,688 41,235 |
Restricted Funds £ 21,416 - - - 21,416 9,713 - 9,713 11,703 11,703 682,136 693,839 |
TOTAL FUNDS 2021 Total £ £ 56,904 78,976 27,101 37,467 217 22 9,815 9,174 94,037 125,639 90,787 109,691 - - 90,787 109,691 3,250 15,948 - - 3,250 15,948 731,824 715,876 735,074 731,824 |
|
| 125,639 | ||||
| 109,691 - |
||||
| 109,691 | ||||
| 15,948 - |
||||
| 15,948 715,876 |
||||
| 731,824 |
Independently reviewed
3
PARISH OF BLURTON AND DRESDEN (Churches of St Bartholomew and St Alban)
BALANCE SHEET
AS AT 31 DECEMBER 2022
| Note FIXED ASSETS Fixed Assets 5 CURRENT ASSETS Stock Debtors Trade Debtors Tax Recoverable Prepayments Other Short Term Deposits Cash at Bank Cash In Hand CURRENT LIABILITIES (falling due within one year) 6 NET CURRENT ASSETS NET ASSETS Represented by: FUNDS Unrestricted Funds Restricted Funds Approved by the Parochial Church Council on |
£ £ £ £ 660,605 661,205 30 336 1,113 14,289 10,294 1,154 1,741 1,035 922 17,125 16,917 57,966 53,840 139 1,370 - 91,738 86,533 17,269 15,914 74,469 70,619 735,074 731,824 41,235 49,687 693,839 682,137 - 735,074 731,824 and signed on its behalf by: 2022 2021 |
£ £ £ £ 660,605 661,205 30 336 1,113 14,289 10,294 1,154 1,741 1,035 922 17,125 16,917 57,966 53,840 139 1,370 - 91,738 86,533 17,269 15,914 74,469 70,619 735,074 731,824 41,235 49,687 693,839 682,137 - 735,074 731,824 and signed on its behalf by: 2022 2021 |
|---|---|---|
| 731,824 | ||
| 49,687 682,137 |
||
| 731,824 | ||
PCC Chairman
The attached notes form part of these financial statements.
Independently reviewed
4
PARISH OF BLURTON AND DRESDEN (Churches of St Bartholomew and St Alban)
Notes to the Financial Statements For The Year Ended 31 December 2022
Accounting Policies
The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations' "true and fair view" provisions. They have also been prepared in accordance with the Charities SORP (FRS 102).
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members.
Cashflow Statement
The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a Cash flow statement on the grounds that the income does not exceed £500,000.
Going Concern
There are no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern
Accounting Estimates and Prior Year Errors
No changes to accounting estimates have occurred in the reporting period. No material prior year errors have been identified in the reporting period.
Descripton of Funds
Unrestricted funds are income funds of the PCC that are available for spending on the general purposes 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 included 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 provided 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 balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.
Endowment funds are restricted funds that must be retained as trust capital either permanently 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 unrestricted. Full details of all their restrictions are shown in the notes to the accounts.
5
PARISH OF BLURTON AND DRESDEN (Churches of St Bartholomew and St Alban)
Notes to the Financial Statements For The Year Ended 31 December 2022
Accounting Policies continued
Income
Planned giving, collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.
Expenditure
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.
Governance and Support Costs
Support costs should be allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the PCC and its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage.
Fixed Assets
Consecrated and benefice property is not included from the accounts by s.10(2)(a)&(C) of the Charities Act 2011.
Moveable church furnishings held by the Vicar and Churchwardens 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 time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.
No depreciation is provided on buildings as the currently estimated residual value of the properties is not less than their carrying value and the remianing useful life of these assets exceeds 50 years, so that any depreciation charges would be immaterial.
Other tangible fixed assets are valued at cost. The depreciation rates and methods used are disclosed in note5.
Investments
Investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value at the year end. Investments held for re-sale are treated as current asset investments.
Debtors
Debtors are measured on initial recognition at settlement amoutn. Subsequently they are measured at cash expected to be received.
Creditors and Accruals
Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settle the obligation at the reporting date.
6
PARISH OF BLURTON AND DRESDEN (Churches of St Bartholomew and St Alban)
Notes to the Financial Statements For The Year Ended 31 December 2022
| INCOME AND ENDOWMENTS 2 Donations and Legacies Voluntary Income Tax efficient planned giving 2a Other planned giving Collections at services All other giving and voluntary receipts including special appeals Gift Aid Recoverable Grants Charitable Activities Activities for Generating Funds 2b Lettings Pastoral services Community Cafe Income Sale of Assets Furlough scheme Income from Investments 2c Bank Interest Income from church activities 2d Statutory fees (retained by PCC) Fundraising activities |
Unrestricted Funds £ 15,767 7,227 2,481 6,018 3,995 35,488 24,639 - 2,432 30 - 27,101 217 217 8,431 1,384 9,815 |
Restricted Funds £ - - - 10,780 - 10,636 21,416 - - - - - - - - - - - |
Total Funds 2022 £ 15,767 7,227 2,481 16,798 3,995 10,636 56,904 24,639 - 2,432 30 - 27,101 217 217 8,431 1,384 9,815 |
Total Funds 2021 £ 16,590 9,912 2,114 12,354 8,112 29,894 |
|---|---|---|---|---|
| 78,976 | ||||
| 16,214 2,400 9,958 - 8,895 |
||||
| 37,467 | ||||
| 22 | ||||
| 22 | ||||
| 7,518 1,656 |
||||
| 9,174 |
Independently reviewed
7
PARISH OF BLURTON AND DRESDEN (Churches of St Bartholomew and St Alban)
Notes to the Financial Statements For The Year Ended 31 December 2022
| EXPENDITURE 3 Raising Funds 3a Cost of generating income Charitable Activities 3b Church Activities Mission giving and donations Diocesan Parish share Salaries/Wages Salaries/Wages - St Albans Redundancy Clergy and staff expenses Volunteer expenses Church Expenses Church running expenses - St Bartholomew's St Alban's Church Expenses Church utility bills - St Bartholomew's St Alban's Building and electrical repairs -St Albans Equipment Cost of trading Activity Costs Office Expenses St Barts St Albans Telephone Travelling I T Costs Audio/Visual Publicity Donations, gifts and parties Professional fees Miscellaneous Depreciation Major Capital Expenditure Oven St Albans |
Unrestricted Funds £ - - 2,311 32,481 - 11,256 1,959 940 2,445 6,762 864 1,920 13,938 1,076 1,555 - 134 974 851 44 326 210 350 78 600 - 81,074 |
Restricted Funds £ - - - - - 6,401 - 1,772 - 740 800 - 9,713 |
Total Funds 2022 £ - - 2,311 32,481 - 17,657 1,959 940 - 4,217 6,762 864 1,920 13,938 - 1,816 1,555 800 134 974 851 - 44 326 - 210 350 78 600 - 90,787 |
Total Funds 2021 £ - |
|---|---|---|---|---|
| - | ||||
| 2,768 25,892 2,521 32,817 2,907 1,044 - 6,270 4,888 296 1,288 5,496 4,091 5,464 8,791 - 28 80 853 - 121 282 - 100 400 209 3,085 - |
||||
| 109,691 |
Independently reviewed
8
PARISH OF BLURTON AND DRESDEN
(Churches of St Bartholomew and St Alban)
Notes to the Financial Statements For The Year Ended 31 December 2022
| **4a ** | Staff Costs | 2022 | 2021 | ||
|---|---|---|---|---|---|
| Salaries | £19,616 | £35,338 | ok | ||
| Average number of emloyees | 4 | 5 | ok |
During the year the PCC employed a cleaner, centre manager, chef and activities coordinator.
4b PCC Costs
Mrs V Mountford, a member of the PCC, received a salary of £4,863 (2021: £9,047). Mr S Kus a member of the PCC received a salary of £1,184 (2021 £8,863) Mrs E Pearce, a member of the PCC received a salary of £3,461 (2020 £16,773)
5a Fixed Assets
| At Cost or Valuation At 1 January 2022 Additions At 31 December 2022 Depreciation At 1 January 2022 Depreciation for the Year At 31 December 2022 Net Book Value 31 December 2022 31 December 2021 |
Development Community Community Furniture, of St Alban's Centre Kitchen Centre Fittings and Property Assets Equipment Assets Equipment Total Restricted Restricted Restricted Unrestricted Unrestricted £ £ £ £ £ 658,829 9,943 25,001 6,009 17,529 717,311 - - |
|---|---|
| 658,829 9,943 25,001 6,009 17,529 717,311 |
|
| - 9,943 25,001 3,633 17,529 56,106 - - - 600 - 600 |
|
| - 9,943 25,001 4,233 17,529 56,706 |
|
| 658,829 - - 1,776 - 660,605 |
|
| 658,829 - - 2,376 - 661,205 |
9
Independently reviewed
PARISH OF BLURTON AND DRESDEN (Churches of St Bartholomew and St Alban)
Notes to the Financial Statements For The Year Ended 31 December 2022
| 6 Liabilities Amounts falling due in one year All unrestricted Accruals Taxation and Social Security Creditors |
2022 2021 £ £ 2,929 1,698 62 148 14,278 14,068 |
|---|---|
| 17,269 15,914 |
7 Analysis of Net Asset by Fund
| Unrestricted Funds General Fund Restricted Funds Building St Alban's Development: Coalfields The BIG Lottery Co-op Church Urban Staffordshire Environmental Trust St Modwen Trust S-O-T City Council St Alban's development fund general Grant - Lichfield Diocese Graveyard Children's Work Youth Work Social Survey The National Lottery - Activity Coordinator Big Lottery - Covid 19 Family & Community Big lottery - Covid 19 Recovery TOTAL |
Fixed Deposits Total Assets Stocks Debtors & Bank Creditors Funds £ £ £ £ £ £ 10,219 30 16,478 43,479 17,269) ( 52,937 |
|---|---|
| 10,219 30 16,478 43,479 17,269 ) ( 52,937 |
|
| - - - 4,637 - 4,637 95,200 - - - - 95,200 433,000 - - - - 433,000 30,000 - - - - 30,000 10,000 - - - - 10,000 29,973 - - - - 29,973 25,000 - - - - 25,000 25,000 - - - - 25,000 2,213 - - - - 2,213 - - 116 - 116 - - - 2,333 - 2,333 - - - 380 - 380 - - - 3,457 - 3,457 - - - 25 - 25 - - - 14,408 - 14,408 - - - 3,843 - 3,843 - - - 2,552 - 2,552 |
|
| 650,386 - - 31,751 - 682,137 |
|
| 660,605 30 16,478 75,230 17,269) ( 735,074 |
10
Independently reviewed
PARISH OF BLURTON AND DRESDEN (Churches of St Bartholomew and St Alban)
Notes to the Financial Statements For The Year Ended 31 December 2022
8 Movement in Funds
Unrestricted Funds
| General Fund St Alban's Community Centre Restricted Funds Building St Alban's Development: Coalfields The BIG Lottery Co-op Church Urban Staffordshire Environmental Trust St Modwen Trust S-O-T City Council St Alban's development fund Grant - Lichfield Diocese Graveyard Children's Work Youth Work Social Survey The Baily Thomas Charitable Fund The National Lottery - Activity Coordinator Big Lottery - Covid 19 Family & Community S-O-T Council - Gentle exercise Big lottery - Covid 19 Recovery Electrical Repairs A V System Microphone Toy Appeal LDBF Gran towards Cost of Energy Jubilee Celebrations Warm Space grant TOTAL |
At 1st January £ 32,718 16,969 49,687 4,637 95,200 433,000 30,000 10,000 29,973 25,000 25,000 2,213 116 2,333 380 3,457 25 - 14,408 3,843 - 2,552 - - 682,137 731,824 |
Incoming Resources £ 40,956 31,666 72,622 - - - - - - - - - - - - - - - 7,496 - - - 400 8,000 400 730 1,250 800 2,000 21,076 93,698 |
Resources Expended £ 43,915) ( 37,159 ) ( 81,074 ) ( 1,372 ) ( - - - - - - - - - - - - - - 6,402 ) ( - - - 400 ) ( - 400 ) ( - - 800 ) ( 9,374 ) ( 90,448 ) ( |
Transfer - - |
At 31st December £ 29,759 11,476 |
|---|---|---|---|---|---|
| - | 41,235 | ||||
| - - - - - - - - - - - - - - - - - - - - - - - - |
3,265 - 95,200 433,000 30,000 10,000 29,973 25,000 25,000 2,213 116 2,333 380 3,457 25 - 15,502 3,843 - 2,552 - 8,000 - 730 1,250 - 2,000 |
||||
| 693,839 | |||||
| 735,074 |
11
Independently reviewed
PARISH OF BLURTON AND DRESDEN (Churches of St Bartholomew and St Alban)
FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022
| STATEMENT OF FINANCIAL ACTIVITIES Note INCOMING RESOURCES INCOME AND ENDOWMENTS Donations and Legacies 2a Activities for generating funds 2b Income from investments 2c Church Activities 2d TOTAL RESOURCES EXPENDED Church Activities 3a Raising Funds 3b NET INCOMING RESOURCES TRANSFERS BETWEEN FUNDS NET MOVEMENT IN FUNDS Total funds brought forward Total funds carried forward |
Unrestricted Funds £ 49,082 37,467 22 9,174 95,745 72,688 - 72,688 23,057 23,057 26,630 49,687 |
Restricted Funds £ 29,894 - - - 29,894 37,003 - 37,003 7,109) ( 7,109) ( 689,246 682,137 |
TOTAL FUNDS Total 2020 2021 £ £ 78,976 98,379 37,467 20,808 22 45 9,174 3,621 125,639 122,853 109,691 119,695 - - 109,691 119,695 15,948 3,158 - - 15,948 3,158 715,876 712,718 731,824 715,876 |
TOTAL FUNDS Total 2020 2021 £ £ 78,976 98,379 37,467 20,808 22 45 9,174 3,621 125,639 122,853 109,691 119,695 - - 109,691 119,695 15,948 3,158 - - 15,948 3,158 715,876 712,718 731,824 715,876 |
|---|---|---|---|---|
| 122,853 | ||||
| 119,695 - |
||||
| 119,695 | ||||
| 3,158 - |
||||
| 3,158 712,718 |
||||
| 715,876 |
Independently reviewed
BLURTON & DRESDEN PAROCHIAL CHURCH COUNCIL DRAFT ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2022
| INCOME From Donors Planned: Gift Aid Tax received on Gift Aid Other Collections Holy Communion & Evensong Donations including gift aid donations Sub Total Fees Hire of buildings and car park Investment Interest Pastoral Services Fund raising Grant Collections: Baptisms, Weddings, Funerals Surplus from St Albans TOTAL INCOME EXPENDITURE Parish Share Grants Clergy Expenses Staff Redundancy Repairs and equipment Running costs - St Barts Running costs - Dresden Recharge overheads -St Albans Co-ordination Groups Office costs Cost of worship Miscellaneous Accountancy Fees Deficit from St Albans TOTAL EXPENDITURE SURPLUS/(DEFICIT) RESERVES BROUGHT FORWARD UNRESTRICTED RESERVES C/FWD |
Unrestricted Restricted Total £ £ £ 15,767 - 15,767 3,995 - 3,995 7,227 - 7,227 2,481 - 2,481 3,234 9,530 12,764 |
ACTUAL 2021 £ 16,590 8,112 9,912 2,114 9,852 |
|---|---|---|
| 32,704 9,530 42,234 8,431 - 8,431 775 - 775 217 - 217 - - - 1,684 - 1,684 - 1,250 1,250 2,285 - 2,285 - 3,095 3,095 |
46,580 7,518 250 22 2,400 1,656 3,613 803 3,944 |
|
| 46,096 13,875 59,971 32,481 - 32,481 2,311 - 2,311 940 - 940 - - - 1,959 1,959 961 2,172 3,133 3,821 - 3,821 - - - 4,500 - 4,500 298 - 298 406 - 406 567 - 567 216 - 216 300 - 300 5,493 - 5,493 |
66,786 25,892 2,768 1,044 2,521 2,907 5,641 3,175 362 4,500 296 431 726 225 350 - |
|
| 54,253 2,172 56,425 |
50,838 | |
| 8,157) ( 11,703 3,546 49,687 682,137 731,824 |
15,948 715,876 |
|
| 41,530 693,840 735,370 |
731,824 |
Independènt 8xamlnees rnport to the members of the PCC of Blurton and Dresden I report on the accounts for the year ended 31" December 2022 lch are set out on pages 1 to 9. Respectlvo respon8ibillties of the Trustees and Independent Examiner The chanty's trustees consider that an audit is nol 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 responsibilty to examine the accounts under section 145 of the 2011 Act: follow the procedures laid down in the General Directions given by the Charity Commissioners section 145(5)(b) of the 2011 Act,. and stst8 wh8th8r particular matters have come to my attention. Basi8 of Independent Examinorf8 Statement My examination was carried out in accordance wth 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 wrth those records. It also includes consideration of any unusual items or disdosures in the accounts, and seeking explanations from the management LX)mmittee conc8ming any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts. Independent Examlnerfs Ststem•nt In CA)nnection with my examination, no matters have come to my attention.. 1. which give me reasonable cause to believe that in any material respect the requirements: . to keep accounting records in accordance with s.130 of the 2011 Act,. and . to ppare accounts ttich accord with these accounting records have not bn 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. Claire Slater FCCA 17 March 2023 Evesham Way, Weston Pa. st0kn-Trent. Staffs.. ST3 5TP