Including the churches of All Saints, Hanley; Christ Church, Fenton; St Paul's, Mount Pleasant and Stoke Minster (St Peter ad Vincula) ## **Annual Report and Financial Statements** ## **of the** **Parochial Church Council of Stoke-upon-Trent & Fenton** For the year ended 31[st] December 2023 _**Charity registration number: 1193760**_ _Page 1_ ## **The Parochial Church Council of Stoke-upon-Trent & Fenton** ## **Trustees’ Annual Report for the year ended 31[st] December 2023** _Charity registration number: 1193760_ ## • **Aims and Purposes** Stoke-upon-Trent & Fenton Parochial Church Council (PCC) has the responsibility of cooperating with the Rector, the Reverend Canon Andrew Wickens, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The parish comprises of four districts, each with its own place of worship and associated district church council (DCC) that is responsible for the maintenance of the district’s church building. The Reverend Geoffrey Eze takes responsibility for the district of All Saints, Hanley, where the DCC is also responsible for the maintenance of All Saints Church Hall, adjacent to the church. The district of Christ Church, Fenton, St Paul’s, Mount Pleasant and the Minster Church of St Peter ad Vincula rest directly under the responsibility of the Rector. ## • **Objectives and Activities** The PCC is committed to supporting each district church welcome as many people as possible to worship and enabling them to become part of the Christian community. The PCC coordinates the activity of district church councils as they promote worship locally. Our services and worship put faith into practice through prayer and scripture, music and sacrament. Also, through non-sacramental activities of hospitality and fellowship we aim to serve people in the local community more broadly. ## • **Public Benefit** The trustees of the PCC are aware of the Charity Commission’s guidance on public benefit – specifically for the Advancement of Religion for the Public Benefit. The trustees have had regard to this guidance in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of Stoke-upon-Trent & Fenton it helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by: - Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers; and - Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole. To facilitate this work it is important that we maintain the fabric of the four district churches and All Saints Church Hall. ## • **Achievements and Performance** The PCC met seven times in the course of the year, including the inaugural meeting following the APCM. Much of focus for the PCC’s deliberations was on the future of All Saints, Hanley, the PCC having direct responsibility for decisions in the absence of a district church council. Services have not resumed at All Saints. Instead, faculty permission was sought enabling the granting of lease so that All Saints could be a central venue for hosting the British Ceramics Biennial (BCB). This took place during the Autumn and attracted many visitors to both the church and the church hall. The PCC also agreed a new insurance contract for the parish as a whole with consequent savings on premiums. Following negotiation with the Lichfield Diocesan Board of Finance (LDBF) the PCC was able to enter a new agreement on Common Fund payments with the prospect of writing down many of the historic arrears in Parish Share/Common Fund accrued by the historic Stoke Team. _Page 2_ ## • **Risk Management** The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potential hazards. We have safeguarding policies in place for child protection and work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impact the work of the Church in the Parish is ongoing. ## • **Statement on Safeguarding** The Parochial Church Council believes that it has fulfilled its duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops' guidance on safeguarding children and vulnerable adults). A new Parish Safeguarding Officer, Justin Ntambineza, has been recruited. The Parish Safeguarding Policy was reviewed in September 2023 and is available to view at www.safeguarding.stokeminster.org. A copy is also available on display on the noticeboard of district churches. ## • **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, office holders, 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 property or harm to the charity’s work or reputation. The trustees have given consideration of potential Serious Incidents and concluded that the threshold for reporting to the Charity Commission was not met in the last year. ## • **Financial Review** The accounts for the parish are consolidated from the accounts of the respective district church councils. Each of the district churches is responsible for meeting the local costs of ministry and mission. In addition each district church council makes contributions towards central costs for the parish in administration. Common Fund (formerly Parish Share) is the contribution made by each church to the costs of ministry and mission across the Diocese of Lichfield. Although the benefice is one parish, it continues to receive two distinct Common Fund allocations. Christ Church, Fenton, which was a distinct parish until 2017, receives its own Common Fund allocation from the Lichfield Diocesan Board of Finance (LDBF). The other three district churches comprise what was the historic Stoke Team Ministry. The PCC accordingly receives a Common Fund allocation from LDBF for the historic Stoke Team each year. The PCC then reaches an agreement on the allocation of Common Fund amongst the district churches. Currently, this is in proportion to the allocation of stipendiary clergy across the Team. With a new Common Fund allocation for the parish agreed late in the year, the PCC was able to meet its responsibility for Common Fund in full. Both All Saints, Hanley and Stoke Minster have additional Common Fund arrears at the end of 2023. Common Fund arrears do not themselves constitute a legally enforceable debt. Were they such, the PCC would be required to take consideration of arrears in reaching a judgement as to whether it continues to be a ‘going concern.’ The PCC would clearly wish to meet its responsibilities in full. Whilst the PCC has been able to accomplish this over the last year, it continues to review its activities in the light of financial reporting. _Page 3_ ## • **Reserves Policy** It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to approximately £25,000. This is held to smooth out fluctuations in cash flow and to meet emergencies. Free reserves at year end were (£1,053) [(£51,109) 2022]. The improvement in the position is partly due to the write off of £27,057 Parish Share arrears. It is our policy to invest the short term investment fund balances with the CCLA Church of England Deposit Fund and the remainder in the CCLA Church of England Investment Fund. ## • **Climate Change and Investment Policy** The district churches of Christ Church, Fenton and Stoke Minster both have investments administered by CCLA (and in the latter case also a deposit fund). The charity is granted power to invest in suitable investments under the PCC Powers Measure 1956 and the Trustees Act 2000. As a charity, the Trustees have a duty of care to take such advice as is appropriate before investments are undertaken. This advice is sought from the Central Board of Finance (CCLA) in London. The charity’s investment policies are based on two key principles: - - Ethical Investment – this includes ensuring that investments are held in companies which have high standards of corporate governance and act in a responsible way towards stakeholders. - Long-term responsibilities – the trustees are aware of their long-term responsibilities in respect of the Restricted and Unrestricted reserves and as a result follow a prudent approach to investment decisions. Investment policy for long-term funds is aimed primarily at generating a sustainable income, with due regard to the need for the preservation of capital value, and the possible need to realise investments to meet operational needs. The charity does not have a policy of generating income at excessive or high risk – known as “purchasing income”, where high returns are guaranteed at the expense of capital. In summary, the charity has an overall policy to maximise income while preserving the real value of its funds. Due to the nature of the charity, an ethical investment policy is taken into consideration when investments are made: The charity follows the Ethical Investment Advisory policy as recommended by the Lichfield Diocese which includes the following: “We aim to invest in companies that: - will develop their business in the interests of shareholders; - demonstrate responsible employment practices; - are conscientious concerning issues of corporate governance, the environment and human rights; - are sensitive to the community in which they operate.” Planned giving, collections and donations are the main sources of fund raising along with tax recoverable. The CBF Investment Fund is managed by CCLA whose statement on investment policy is outlined at www.ccla.co.uk/about-us/policies-and-reports/policies/climate-change-and-investment-policy – the PCC also notes the Church of England’s General Synod motion on Climate Change approved in February 2020 (see www.churchofengland.org/more/media-centre/news/general-synod-sets-2030-net-zero-carbon-target). ## • **Fundraising** The PCC reports on the fundraising activities of the respective district churches in the parish. The PCC is very grateful to all donors – whether regular or occasional – for their support of the church and church events. All money raised is either by donations, fundraising events, special appeals or legacies for which the PCC are most grateful. Neither the PCC or its respective district church councils has used commercial organisations or professional fundraisers. _Page 4_ ## • **Volunteers** The members of the PCC would like to thank all the volunteers who work across our district churches in the parish to ensure that we are the welcoming, attractive and inclusive communities that the Church is called to be. Without the support of volunteers, including from those who would not consider themselves necessarily a part of the worshipping community, our churches could not serve their communities as they do. ## • **Structure, Governance and Management** The PCC is a Body Corporate established by the Church of England (PCC Powers Measure 1956, and the Church Representation Rules 2006) and is a Registered Charity (No. _1193760)_ . The PCC is governed by the Parochial Church Council Powers Measure (1956) as amended that came into effect on 2nd January 1957, and the Church Representation Rules (CRR). A Scheme for the parish was made under CRR Rule 18 of 1 February 2018. This explains how district church councils are constituted as well as their delegated powers. A District Church Council is formally a sub-committee of the Parochial Church Council. The PCC has authority to revoke any and all of the automatically delegated powers of a District Church Council (as specified in the Scheme for the Parish of Stoke-upon-Trent & Fenton and effective from 1 March 2018) whilst such District Church Council is in abeyance and not otherwise constituted (as agreed at a Special Parochial Church Meeting (09/11/2022). The method of appointment of the PCC members is set out in the Church Representation Rules. The Council comprises the Incumbent, the Churchwardens, those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll as well as those elected to serve on the PCC by respective annual meetings of the four district churches. 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 as well as their respective DCC. The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. The PCC usually meets at least 4 times a year. _Page 5_ ## • **Policy Schedule** The PCC has the following policies in place, copies of which can be downloaded using the links below: |**Policy**|**Date Agreed**|**Latest Review**| |---|---|---| |Safeguarding|September 2023|September 2024| |Conflicts of Interest|March 2021|May 2023| |Data Protection|November 2022|November2025| |Lone Working|February 2022|February 2024| |As a Health & Safety Policy is specific to each church building, the PCC delegates responsibility for approving
a Health & Safety Policy to respective DCCs (approved 09/11/2022).||| ## • **PCC Membership** The Annual Parochial Church Meeting (APCM) usually meets in May each year to elect members of the Parochial Church Council (PCC) for the following year. With the exception of those elected to the Deanery Synod on a three-year term of membership, all members of the PCC are elected on a one year term in accordance with the Scheme for the parish (see above). ## • **PCC Standing Committee** In view of the small size of the Council, no Standing Committee of the Council was constituted, all business, in effect, being conducted by the full Council as necessary. _Page 6_ ## **Reference and Administrative Details** **Charity Name:** The Parochial Church Council of The Parish of Stoke and Fenton **Other names the charity is known by:** N/A **Registered Charity Number** : 1193760 **Charity’s principal address:** Stoke Rectory,172 Smithpool Road Stoke-on-Trent ST4 4PP. **Correspondence address:** Stoke Rectory,172 Smithpool Road Stoke-on-Trent ST4 4PP. **Website address:** www.achurchnearyou.com **PCC Members: Who Served from 1 January 2023 to the date this report was approved** |**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**period**| |---|---|---| |**Ex-Officio**||| |The Revd. Cannon Andrew
Wickens|Chair/Rector|| |The Revd. Geoff Eze|Team Vicar|| |The Revd Bill Durose|Associate Minister|| |The Revd Gloria Harrison|Associate Minister|| |Sam Rushton|Deanery Synod [Christ Church]|| |Paul Adams|Parish and District Warden [Stoke Minster]|| |Chris Machin|Vice-Chair/Lay Representative [Christ Church to
November 2023]|| |**Elected Members**||| |Pauline Clayton|Lay Representative [Stoke Minster]|| |||| _Page 7_ **Bank** Barclays Bank Plc, Birmingham Kings Heath, Leicester Leicestershire LE87 2BB **Investment** CCLA **Managers** 1 Angel Ln London EC4R 3AB **Independent** Jonathan Hill **Examiner** Lichfield Diocesan Board of Finance St Marys House, The Close, Lichfield. WS13 7LD Approved by the PCC on ………………… 2024 and signed on its behalf by: **Canon Andrew Wickens, Paul Adams Rector, Parish of Stoke & Fenton Parish Warden** _Page 8_ ## **Independent Examiner’s report to the trustees/members of the PCC of Stoke-upon-Trent & Fenton** Registered charity number: _1193760_ I report on the accounts for the year ended 31st December 2023 which are set out on the following pages. ## **Respective responsibilities of the Trustees and Independent Examiner** The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility - to examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. ## **Basis of Independent Examiner's Statement** 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 the 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 statement below. ## **Independent Examiner's Statement** In connection with my examination, no material matters have come to my attention (other than that disclosed below *) 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 - the accounts do not comply with the applicable requirements concerning the form 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 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: ………………………………………….. Date: ………………………………… Jonathan Hill FCMA CGMA Lichfield Diocesan Board of Finance St Marys House, The Close, Lichfield. WS13 7LD _Page 9_ ## **The Parish of Stoke and Fenton Notes to the Financial Statements** For the year ended 31[st] December 2023 ## **Accounting Policies** The Financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis. There may be minor discrepancies in the totals as the pence are not being shown. 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 cashflow statement on the grounds that the income does not exceed £500,000. ## **Going Concern** The free reserves on 31 December 2023 were (£14,455) [(£62,933) 2022]. If we add the designated funds to this figure then we have (£1,053) [(£51,109) 2022]. There has been an improvement since 2022 which is partly due to the write off of Common fund [Parish Share] arrears of £27,057. The remaining Common Fund [Parish Share] arrears currently stand at £81,165 [£108,222 2022]. The Common fund arrears are not legally enforceable so if we were to take this out of the equation then the free reserves would be £66,710. This of course would put the Parish in a more favourable position. If the Common Fund arrears are going to be excluded when looking at Going Concern, then the parish needs to inform the Archdeacon and the Area Bishop. A formal write of package has now been approved by the PCC of Stoke and Fenton which will see the arrears written off by December 2026. ## **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. _Page 10_ ## **Description 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. An explanation of purpose of each Designated fund are as follows: ## **Fenton Christ Church** - Christ Church Fabric – Set aside for the fabric of the Church. - Christ Church Reserve – Monies towards the cost of a sound system at Christ Church. ## **Stoke Minster** - Stoke Minster Fabric – For repairs and maintenance of the church fabric at Stoke Minster. - Team – Minster – For the activities of the Parish as a whole. ## **Hanley All Saints** - All Saints Hall – For repairs and maintenance of the Church Hall at All Saints Hanley. ## **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. An explanation of purpose of each Restricted fund are as follows: ## **Fenton Christ Church** - Christ Church Restoration – For repairs and maintenance at Christ Church. ## **Stoke Minster** - Stoke Minster Charity – For receiving charitable donations for various causes. - Stoke Minster Choir – For Choir and Music. - Stoke Minster Organ – For maintenance of the organ at Stoke Minster - Soke Minster Community Investment – A fund for activities funded by the publicly fund Community Investment fund. ## **Hanley All Saints** - All Saints Restoration – For the restoration project at All Saints Church - All Saints Underfloor Heating – For the development of underfloor heating at All Saints Church. _Page 11_ **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. An explanation of purpose of each Endowment fund are as follows: ## **Fenton Christ Church** - Christ Church Investment – Historic endowment for the support of mission and ministry at Christ Church. ## **Stoke Minster** - Stoke Minster Investments – Historic endowment for the support of mission and ministry at Stoke Minster. ## **Incoming Resources** 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. ## **Resources Expended** 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 in 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. ## **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 amount. Subsequently they are measured as 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. _Page 12_ ## **Parochial Church Council of Stoke-upon-Trent & Fenton Financial Statements for the Year Ended 31[st] December 2023** ## **Statement of Financial Activities** ||**Unrestricted**
**Restricted**
**Endowment**
**2023**
**2022**| |---|---| |**Income and endowments from:**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total income**
**Expenditure on:**
Raising funds
Expenditure on charitable activities
Other expenditure
**Total expenditure**
**Net income / (expenditure) resources before**
**transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Other recognised gains / losses**
Gains / losses on investment assets
Gains on revaluation, fixed assets, charity's own
use
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**|108,116
879
—
108,995
84,407
20,561
1,039
—
21,600
21,182
6,785
—
—
6,785
4,549
14,341
—
—
14,341
13,691
1,596
—
—
1,596
909| ||**151,401**
**1,918**
**—**
**153,319**
**124,741**
159
—
—
159
303
104,186
7,096
—
111,282
156,375
1,156
—
—
1,156
321| ||**105,502**
**7,096**
**—**
**112,599**
**157,000**| ||**45,898**
**(5,178)**
**—**
**40,719**
**(32,259)**
44,262
3,810
7,500
55,573
7,560
(41,904)
(6,168)
(7,500)
(55,573)
(7,560)
—
—
41,848
41,848
(60,223)
1,800
(1,320)
—
479
—| ||**50,056**
**(8,857)**
**41,848**
**83,047**
**(92,483)**| ||**(51,109)**
**6,607**
**444,795**
**400,294**
**492,777**| ||**(1,052)**
**(2,250)**
**486,643**
**483,341**
**400,294**| _Page 13_ ## **The Parochial Church Council of Stoke-upon-Trent & Fenton Financial Statements for the Year Ended 31[st] December 2023** ## **Balance sheet** |**Class and code**
**Description**|**2023**
**2022**| |---|---| |**Fixed assets**
CB3008427
St Michael CBF Investment Fund 2080S - C
CB3008621
CBF Inv Fund - 2995S LDT Stoke Fenton
CB3028276
CBF Investment Fund 1001S - Christ Churc
CB3033133
CBF Inv Fund 8001S - Minster
**Total Fixed assets**
**Current assets**
05222745
NatWest Current Account - St Paul
06015549
NatWest Current Account - Christ Church
138412064
National Savings - All Saints
15562654
NatWest Restoration Account - Christ Chu
15596419
NatWest Reserve Account - Christ Church
30075833
Barclays Current - Minster
38842947
NatWest Fees Account - Christ Church
43355668
NatWest Savings Account - St Paul
43853012
Barclays Hall - All Saints
6510
Hanley Economic - All Saints
6590
Cash in hand - All Saints
6590
Petty Cash - Minster
6591
Cash for Banking - SM
90261297
Barclays Current - All Saints
CB3028459
CCLA - Stoke Minster
Z05
Accounts Receivable
**Total Current assets**
**Liabilities**
6614
Parish Share Arrears (2014) - All Saints
6614
Parish Share Arrears (2014) - Minster
6614
Parish Share Arrears (2014) - St Paul
6616
Parish Share Arrears (2016) - All Saints
6616
Parish Share Arrears (2016) - Minster
6616
Parish Share Arrears (2016) - St Paul
6617
Parish Share Arrears (2017) - All Saints
6617
Parish Share Arrears (2017) - Minster
6617
Parish Share Arrears (2017) - St Paul
6618
Parish Share Arrears (2018) - All Saints
6618
Parish Share Arrears (2018) - Minster
6618
Parish Share Arrears (2018) - St Paul
6619
Parish Share Arrears (2019) - All Saints
6619
Parish Share Arrears (2019) - Minster
6619
Parish Share Arrears (2019) - St Paul
6620
Parish Share Arrears (2020) - All Saints|168,199
153,735
82,102
75,042
104,300
95,331
132,041
120,686| ||**486,643**
**444,795**
4,168
3,123
15,384
7,955
1,952
1,936
2,638
2,607
3,697
3,653
36,357
33,901
4,883
1,595
3,336
2,270
698
1,910
—
1,299
29
29
139
49
971
—
307
1,923
31,639
27,118
—
879| ||**106,204**
**90,254**
—
1,133
—
2,848
—
125
—
1,651
—
4,149
—
182
—
1,782
—
4,478
—
196
—
2,723
—
6,842
—
300
—
7,285
—
18,304
—
804
—
6,919| _Page 14_ |6620
Parish Share Arrears (2020) - Minster
6620
Parish Share Arrears (2020) - St Paul
6621
Parish Share Arrears (2021) - All Saints
6621
Parish Share Arrears (2021) - Minster
6621
Parish Share Arrears (2021) - St Paul
6622
Common Fund Arrears (2022) - Minster
6622
Parish Share Arrears (2022) - All Saints
6622
Parish Share Arrears (2022) - St Paul
6699
Agency collections
DLHANL012
Diocesan Loan - All Saints (> 1 yr)
DLNANL012
Diocesan Loan - All Saints (< 1 yr)
PSSTOK01 -
LDBF Common Fund Arrears
PSSTOK01 Stoke
Minster &St Paul
LDBF Common Fund
Z04
Accounts Payable
**Total Liabilities**
**Net Asset surplus(deficit)**
**Reserves**
Excess / (deficit) to date
Z01
Starting balances
Z02
Gains/(losses) on investment assets
Z03
Gains/(losses) on reval of fixed assets
**Total Reserves**
**Represented by funds**
Unrestricted
Designated
Restricted
Endowment
**Total**|—
17,385
—
763
—
3,859
—
9,697
—
426
—
3,018
—
8,007
—
5,338
12,282
5,333
16,059
16,059
—
(277)
26,070
—
55,094
—
—
5,418| |---|---| ||**109,507**
**134,755**| ||**483,341**
**400,294**| ||40,719
(32,259)
400,294
492,777
41,848
(60,223)
479
—| ||**483,341**
**400,294**
(14,455)
(62,933)
13,402
11,824
(2,250)
6,607
486,643
444,795| ||**483,341**
**400,294**| Approved by the PCC on ………………… 2024 and signed on its behalf by: **Canon Andrew Wickens, Rector, Parish of Stoke & Fenton** **Paul Adams Parish Warden** _Page 15_ ## **The Parochial Church Council of Stoke-upon-Trent & Fenton Financial Statements for the Year Ended 31[st] December 2023** ## **Statement of assets and liabilities - 2023** ||**General**
**Designated**
**Restricted**
**Endowment**
**2023**
**2022**| |---|---| |**Fixed assets - Investments**
St Michael CBF Investment Fund
2080S - C -
CBF Inv Fund - 2995S LDT Stoke
Fenton -
CBF Investment Fund 1001S - Christ
Churc -
CBF Inv Fund 8001S - Minster -
**Totals**
**Current assets - Cash at bank and in**
**hand**
NatWest Current Account - St Paul -
NatWest Current Account - Christ
Church -
National Savings - All Saints -
NatWest Restoration Account -
Christ Chu -
NatWest Reserve Account - Christ
Church -
Barclays Current - Minster -
NatWest Fees Account - Christ
Church -
NatWest Savings Account - St Paul -
Barclays Hall - All Saints -
Hanley Economic - All Saints -
Cash in hand - All Saints -
Petty Cash - Minster -
Cash for Banking - SM -
Barclays Current - All Saints -
CCLA - Stoke Minster -
**Totals**
**Current assets - Debtors**
Accounts Receivable -
**Totals**
**Liabilities - Agency accounts**
Agency collections -
**Totals**
**Liabilities - Creditors: Amounts falling**
**due after more than one year**
Diocesan Loan - All Saints (> 1 yr) -
**Totals**|—
—
—
168,199
168,199
153,735
—
—
—
82,102
82,102
75,042
—
—
—
104,300
104,300
95,331
—
—
—
132,041
132,041
120,686| ||**—**
**—**
**—**
**486,643**
**486,643**
**444,795**
4,011
—
157
—
4,168
3,123
5,384
10,000
—
—
15,384
7,955
1,952
—
—
—
1,952
1,936
2,638
—
—
—
2,638
2,607
3,697
—
—
—
3,697
3,653
27,515
3,053
5,788
—
36,357
33,901
2,873
—
2,010
—
4,883
1,595
3,336
—
—
—
3,336
2,270
539
159
—
—
698
1,910
—
—
—
—
—
1,299
29
—
—
—
29
29
139
—
—
—
139
49
579
—
392
—
971
—
3,312
(8,726)
5,722
—
307
1,923
10,700
8,916
12,021
—
31,639
27,118| ||**66,709**
**13,402**
**26,091**
**—**
**106,204**
**89,374**
—
—
—
—
—
879| ||**—**
**—**
**—**
**—**
**—**
**879**
—
—
12,282
—
12,282
5,333| ||**—**
**—**
**12,282**
**—**
**12,282**
**5,333**
—
—
16,059
—
16,059
16,059| ||**—**
**—**
**16,059**
**—**
**16,059**
**16,059**| _Page 16_ |**Liabilities - Creditors: Amounts falling**
**due in one year**
Parish Share Arrears (2014) - All
Saints -
Parish Share Arrears (2014) - St Paul -
Parish Share Arrears (2016) - All
Saints -
Parish Share Arrears (2016) - Minster
-
Parish Share Arrears (2016) - St Paul -
Parish Share Arrears (2017) - All
Saints -
Parish Share Arrears (2017) - Minster
-
Parish Share Arrears (2017) - St Paul -
Parish Share Arrears (2018) - All
Saints -
Parish Share Arrears (2018) - Minster
-
Parish Share Arrears (2018) - St Paul -
Parish Share Arrears (2019) - All
Saints -
Parish Share Arrears (2019) - Minster
-
Parish Share Arrears (2019) - St Paul -
Parish Share Arrears (2020) - All
Saints -
Parish Share Arrears (2020) - Minster
-
Parish Share Arrears (2020) - St Paul -
Parish Share Arrears (2021) - All
Saints -
Parish Share Arrears (2021) - Minster
-
Parish Share Arrears (2021) - St Paul -
Common Fund Arrears (2022) -
Minster -
Parish Share Arrears (2022) - All
Saints -
Parish Share Arrears (2022) - St Paul -
Diocesan Loan - All Saints (< 1 yr) -
LDBF Common Fund Arrears – All
Saints
LDBF Common Fund Arrears – Stoke
Minster & St Paul
Accounts Payable -
**Totals**
**Grand total**|—
—
—
—
—
1,133

—
—
—
—
—
125
—
—
—
—
—
1,651
—
—
—
—
—
4,149

—
—
—
—
—
182
—
—
—
—
—
1,782
—
—
—
—
—
4,478

—
—
—
—
—
196
—
—
—
—
—
2,723
—
—
—
—
—
6,842

—
—
—
—
—
300
—
—
—
—
—
7,285
—
—
—
—
—
18,304

—
—
—
—
—
804
—
—
—
—
—
6,919
—
—
—
—
—
17,385

—
—
—
—
—
763
—
—
—
—
—
3,859
—
—
—
—
—
9,697

—
—
—
—
—
426
—
—
—
—
—
3,018
—
—
—
—
—
8,007

—
—
—
—
—
5,338
—
—
—
—
—
(277)
26,070
—
—
—
26,070
—
55,094
—
—
—
55,094
—
—
—
—
—
—
5,418| |---|---| ||**81,165**
**—**
**—**
**—**
**81,165**
**113,362**| ||**(14,455)**
**13,402**
**(2,250)**
**486,643**
**483,341**
**400,294**| _Page 17_ ## **Statement of assets and liabilities - 2022** ||**General**
**Designated**
**Restricted**
**Endowment**
**2022**
**2021**| |---|---| |**Fixed assets - Investments**
CBF Inv Fund 8001S - Minster -
CBF Investment Fund 1001S - Christ
Churc -
CBF Inv Fund - 2995S LDT Stoke
Fenton -
St Michael CBF Investment Fund
2080S - C -
**Totals**
**Current assets - Cash at bank and in**
**hand**
Barclays Current - All Saints -
Barclays Current - Minster -
NatWest Current Account - Christ
Church -
NatWest Current Account - St Paul -
Barclays Hall - All Saints -
Lloyds General - Minster -
NatWest Restoration Account -
Christ Chu -
NatWest Savings Account - St Paul -
Hanley Economic - All Saints -
Lloyds Savings - Minster -
NatWest Reserve Account - Christ
Church -
Lloyds Hall - Minster -
NatWest Fees Account - Christ
Church -
National Savings - All Saints -
CBF Deposit 5001D - Minster -
Cash in hand - All Saints -
Cash in hand - Minster -
**Totals**
**Current assets - Debtors**
Accounts Receivable -
**Totals**
**Liabilities - Agency accounts**
Agency collections -
**Totals**
**Liabilities - Creditors: Amounts falling**
**due after more than one year**
Diocesan Loan - All Saints (> 1 yr) -
**Totals**|—
—
—
120,687
120,687
136,789
7,500
—
—
87,832
95,332
108,051
—
—
—
75,042
75,042
85,055
(7,500)
—
—
161,235
153,735
182,625| ||**—**
**—**
**—**
**444,796**
**444,796**
**512,520**
995
(2,177)
3,105
—
1,923
9,263
7,001
11,442
15,459
—
33,902
31,913
7,956
—
—
—
7,956
10,895
3,124
—
—
—
3,124
1,685
1,573
337
—
—
1,911
2,086
—
—
—
—
—
17,006
6
—
2,602
—
2,607
2,602
2,270
—
—
—
2,270
2,000
1,299
—
—
—
1,299
1,298
—
—
—
—
—
0
8
3,645
—
—
3,653
3,645
—
—
—
—
—
257
990
—
605
—
1,595
410
1,936
—
—
—
1,936
1,936
17,712
—
9,407
—
27,119
13,899
30
—
—
—
30
30
1,948
—
(1,899)
—
49
53| ||**46,848**
**13,247**
**29,279**
**—**
**89,374**
**98,978**
1,153
108
(381)
—
880
199| ||**1,153**
**108**
**(381)**
**—**
**880**
**199**
—
—
5,334
—
5,334
—| ||**—**
**—**
**5,334**
**—**
**5,334**
**—**
—
—
16,060
—
16,060
16,060| ||**—**
**—**
**16,060**
**—**
**16,060**
**16,060**| _Page 18_ |**Liabilities - Creditors: Amounts falling**
**due in one year**
Diocesan Loan - All Saints (< 1 yr) -
Parish Share Arrears (2014) - All
Saints -
Parish Share Arrears (2014) - St Paul -
Parish Share Arrears (2016) - All
Saints -
Parish Share Arrears (2016) - Minster
-
Parish Share Arrears (2016) - St Paul -
Parish Share Arrears (2017) - All
Saints -
Parish Share Arrears (2017) - Minster
-
Parish Share Arrears (2017) - St Paul -
Parish Share Arrears (2018) - All
Saints -
Parish Share Arrears (2018) - Minster
-
Parish Share Arrears (2018) - St Paul -
Parish Share Arrears (2019) - All
Saints -
Parish Share Arrears (2019) - Minster
-
Parish Share Arrears (2019) - St Paul -
Parish Share Arrears (2020) - All
Saints -
Parish Share Arrears (2020) - Minster
-
Parish Share Arrears (2020) - St Paul -
Parish Share Arrears (2021) - All
Saints -
Parish Share Arrears (2021) - Minster
-
Parish Share Arrears (2021) - St Paul -
Common Fund Arrears (2022) -
Minster -
Parish Share Arrears (2022) - All
Saints -
Parish Share Arrears (2022) - St Paul -
Accounts Payable -
**Totals**
**Grand total**|(1,175)
—
897
—
(278)
4,289
1,134
—
—
—
1,134
1,134

125
—
—
—
125
125
1,651
—
—
—
1,651
1,651
4,050
100
—
—
4,149
4,149

182
—
—
—
182
182
1,782
—
—
—
1,782
1,782
4,370
108
—
—
4,478
4,478

197
—
—
—
197
197
2,723
—
—
—
2,723
2,723
6,678
164
—
—
6,842
6,842

301
—
—
—
301
301
7,285
—
—
—
7,285
7,285
17,865
440
—
—
18,305
18,305

804
—
—
—
804
804
6,919
—
—
—
6,919
6,919
16,968
418
—
—
17,385
17,385

764
—
—
—
764
764
3,860
—
—
—
3,860
3,860
9,465
233
—
—
9,698
9,698

426
—
—
—
426
426
3,018
—
—
—
3,018
—
8,007
—
—
—
8,007
—

5,338
—
—
—
5,338
—
5,418
—
—
—
5,418
6,712| |---|---| ||**110,935**
**1,531**
**897**
**—**
**113,362**
**102,860**| ||**(62,934)**
**11,825**
**6,607**
**444,796**
**400,294**
**492,777**| _Page 19_ ## **The Parochial Church Council of Stoke-upon-Trent & Fenton Financial Statements for the Year Ended 31[st] December 2023** ## **Fund movement by type - 2023** |**Fund movement by type - 2023**|| |---|---| ||**Opening**
**Incoming**
**Outgoing**
**Transfers**
**Gain/Loss**
**Closing**| |**CIF - Community Investment**
Restricted
**Sub-total for CIF**
**Charity - - Charity Restricted F**
Restricted
**Sub-total for Charity -**
**Choir - Mi - Choir - Restricted -**
Restricted
**Sub-total for Choir - Mi**
**Comm - Community Fund - Min**
Designated
**Sub-total for Comm**
**Endowment - Christ Church Endowm**
Endowment
Endowment
**Sub-total for Endowment**
**Fabric - C - Fabric Fund - Christ**
Designated
**Sub-total for Fabric - C**
**Fabric - M - Fabric Designated Fu**
Designated
**Sub-total for Fabric - M**
**General - General Fund**
Unrestricted
**Sub-total for General**
**Hall - All - Hall Designated Fund**
Designated
**Sub-total for Hall - All**
**Heating - - Underfloor Heating R**
Restricted
**Sub-total for Heating -**
**None - Agency collection**
Restricted
**Sub-total for None**
**Organ - Mi - Organ Restricted Fun**|5,720
78
5,782
—
—
17| ||**5,720**
**78**
**5,782**
**—**
**—**
**17**
654
669
—
(931)
—
392| ||**654**
**669**
**—**
**(931)**
**—**
**392**
60
111
22
—
—
149| ||**60**
**111**
**22**
**—**
**—**
**149**
—
300
126
—
—
174| ||**—**
**300**
**126**
**—**
**—**
**174**
249,066
—
—
—
23,433
272,500
195,728
—
—
—
18,414
214,143| ||**444,795**
**—**
**—**
**—**
**41,848**
**486,643**
—
10,000
—
—
—
10,000| ||**—**
**10,000**
**—**
**—**
**—**
**10,000**
8,930
1,363
774
(2,474)
—
6,937| ||**8,930**
**1,363**
**774**
**(2,474)**
**—**
**6,937**
(62,933)
137,656
96,714
5,629
—
(14,455)| ||**(62,933)**
**137,656**
**96,714**
**5,629**
**—**
**(14,455)**
(1,839)
200
6,927
—
—
(8,567)| ||**(1,839)**
**200**
**6,927**
**—**
**—**
**(8,567)**
825
—
—
—
—
825| ||**825**
**—**
**—**
**—**
**—**
**825**
—
(95)
—
—
—
—| ||**—**
**(95)**
**—**
**—**
**—**
**—**| _Page 20_ |Restricted
**Sub-total for Organ - Mi**
**Reserve - - Reserve Designated F**
Designated
**Sub-total for Reserve -**
**Restoratio - Restoration Restrict**
Restricted
Restricted
**Sub-total for Restoratio**
**Team - Min - Team Designated - Mi**
Designated
**Sub-total for Team - Min**
**Grand total**|12,208
1,154
1,292
—
—
11,907| |---|---| ||**12,208**
**1,154**
**1,292**
**—**
**—**
**11,907**
3,645
—
—
(3,645)
—
—| ||**3,645**
**—**
**—**
**(3,645)**
**—**
**—**
(15,878)
—
—
1,175
—
(14,981)
2,601
—
—
(2,601)
—
—| ||**(13,276)**
**—**
**—**
**(1,426)**
**—**
**(14,981)**
1,088
1,880
958
2,849
—
4,858| ||**1,088**
**1,880**
**958**
**2,849**
**—**
**4,858**| ||**399,879**
**153,319**
**112,599**
**—**
**41,848**
**483,901**| ## **Fund movement by type - 2022** ||**Opening**
**Incoming**
**Outgoing**
**Transfers**
**Gain/Loss**
**Closing**| |---|---| |**CIF - Community Investment**
Restricted
**Sub-total for CIF**
**Charity - - Charity Restricted F**
Restricted
**Sub-total for Charity -**
**Choir - Mi - Choir - Restricted -**
Restricted
**Sub-total for Choir - Mi**
**Endowment - Christ Church Endowm**
Endowment
Endowment
**Sub-total for Endowment**
**Fabric - M - Fabric Designated Fu**
Designated
**Sub-total for Fabric - M**
**General - General Fund**
Unrestricted
**Sub-total for General**
**Hall - All - Hall Designated Fund**
Designated|—
20,516
14,795
—
—
5,721| ||**—**
**20,516**
**14,795**
**—**
**—**
**5,721**
614
770
729
—
—
654| ||**614**
**770**
**729**
**—**
**—**
**654**
—
60
—
—
—
60| ||**—**
**60**
**—**
**—**
**—**
**60**
290,676
—
—
(7,500)
(34,109)
249,067
221,843
—
—
—
(26,115)
195,729| ||**512,520**
**—**
**—**
**(7,500)**
**(60,224)**
**444,796**
9,996
1,469
2,593
59
—
8,931| ||**9,996**
**1,469**
**2,593**
**59**
**—**
**8,931**
(33,740)
99,325
135,959
7,440
—
(62,934)| ||**(33,740)**
**99,325**
**135,959**
**7,440**
**—**
**(62,934)**
512
100
2,452
—
—
(1,840)| _Page 21_ |**Sub-total for Hall - All**
**Heating - - Underfloor Heating R**
Restricted
**Sub-total for Heating -**
**None - Agency collection**
Restricted
**Sub-total for None**
**Organ - Mi - Organ Restricted Fun**
Restricted
**Sub-total for Organ - Mi**
**Reserve - - Reserve Designated F**
Designated
**Sub-total for Reserve -**
**Restoratio - Restoration Restrict**
Restricted
Restricted
**Sub-total for Restoratio**
**Team - Min - Team Designated - Mi**
Designated
**Sub-total for Team - Min**
**Grand total**|**512**
**100**
**2,452**
**—**
**—**
**(1,840)**
825
—
—
—
—
825| |---|---| ||**825**
**—**
**—**
**—**
**—**
**825**
—
415
—
—
—
—| ||**—**
**415**
**—**
**—**
**—**
**—**
10,818
1,863
473
—
—
12,209| ||**10,818**
**1,863**
**473**
**—**
**—**
**12,209**
3,645
0
—
1
—
3,645| ||**3,645**
**0**
**—**
**1**
**—**
**3,645**
(15,879)
—
—
—
—
(15,879)
2,602
—
—
—
—
2,602| ||**(13,277)**
**—**
**—**
**—**
**—**
**(13,277)**
864
224
—
—
—
1,088| ||**864**
**224**
**—**
**—**
**—**
**1,088**| ||**492,777**
**124,742**
**157,001**
**—**
**(60,224)**
**400,294**| _Page 22_ ## **The Parochial Church Council of Stoke-upon-Trent & Fenton Financial Statements for the Year Ended 31[st] December 2023** ## **Analysis of income and expenditure** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
0101 - Regular Giving (Gift Aid)
0201 - Regular Giving (Non Gift
Aid)
0301 - Loose plate collections
0301 - Loose Plate Collections
0401 - All Other Giving
0550 - Donations
0601 - Tax Recoverable on Gift
Aid
0601 - Tax recoverable on Gift
Aid
0701 - Legacies
0801 - Recurring grants
0801 - Recurring Grants
08A1 - Non-recurring one-off
grants
08A1 - Non-recurring One-off
Grants
0901 - Fundraising
Total
**Income from charitable activities**
1101 - Statutory Fees for
Weddings and Funerals
1210 - Church Hall Income
1230 - Church and Church Hall
Income
1230 - Church Bookings Income
Total
**Other trading activities**
1230 - Church Bookings Income
1240 - Income from Car Parking
1250 - Other Trading Activities
Total
**Investments**
1001 - Dividends|**Unrestricted Designated**
**Restricted**
**Endowment 2023**
**2022**
21,949
—
—
—
21,949
26,172
4,772
—
—
—
4,772
4,152
128
—
—
—
128
443
9,413
—
235
—
9,649
11,803
375
—
—
—
375
—
5,889
139
565
—
6,594
6,346
3,414
—
—
—
3,414
2,825
5,000
—
—
—
5,000
5,551
2,890
10,000
—
—
12,890
—
—
—
—
—
—
1,265
1,240
—
—
—
1,240
199
9,745
—
—
—
9,745
417
28,524
—
—
—
28,524
20,500
4,633
—
78
—
4,711
4,730| |---|---| ||97,976
10,139
879
—
108,995
84,407
10,425
1,880
985
—
13,290
12,912
—
200
—
—
200
100
300
—
—
—
300
370
6,412
1,343
54
—
7,810
7,800| ||17,137
3,423
1,039
—
21,600
21,182
1,680
—
—
—
1,680
7,800
3,840
—
—
—
3,840
1,891
1,083
181
—
—
1,265
1,657| ||6,603
181
—
—
6,785
11,349
13,302
—
—
—
13,302
13,448| _Page 23_ |1020 - Bank and building society
interest
1020 - Bank and Building Society
Interest
Total
**Other income**
1320 - Other Income
Total|22
—
—
—
22
1
1,016
—
—
—
1,016
241| |---|---| ||14,341
—
—
—
14,341
13,691
1,596
—
—
—
1,596
909| ||1,596
—
—
—
1,596
909| |**INCOME TOTAL**|137,656
13,744
1,918
—
153,319
131,542| ## **EXPENDITURE** |**Raising funds**||||||| |---|---|---|---|---|---|---| |1701 - Costs of Fundraising|159|—|—|—|159|303| |Total|159|—|—|—|159|303| |**Expenditure on charitable activities**||||||| |1801 - Mission Giving and|25|—|—|—|25|844| |Donations||||||| |1910 - Diocesan Common Fund|58,467|—|—|—|58,467|83,626| |1915 - Common Fund Special|(7,481)|—|—|—|(7,481)|(3,816)| |Agreement||||||| |1915 - Common Fund Special|(5,985)|—|—|—|(5,985)|(2,537)| |Assessment||||||| |2101 - Clergy & Staff Expenses|2,721|—|—|—|2,721|2,679| |2201 - Children's & Youth|321|—|—|—|321|98| |Ministry||||||| |2210 - Other Mission Expenses|33|—|5,782|—|5,815|14,377| |2301 - Church Insurance|12,018|—|—|—|12,018|14,638| |2320 - Organ / Piano Tuning|—|—|648|—|648|750| |2329 - Church Grounds|602|—|—|—|602|1,255| |Maintenance||||||| |2330 - Church Maintenance|5,554|1,153|644|—|7,352|7,372| |2331 - Organist|5,816|—|—|—|5,816|5,501| |2340 - Upkeep of Services|1,389|—|22|—|1,411|1,654| |2345 - Subscriptions|264|—|—|—|264|645| |2350 - Photocopier Costs|1,728|—|—|—|1,728|1,608| |2360 - Administration|315|—|—|—|315|—| |2370 - Other Church Running|438|—|—|—|438|1,415| |Costs||||||| |2401 - Church Utility Bills|18,065|—|—|—|18,065|16,349| |2420 - Church running - water|—|—|—|—|—|44| |2501 - Cost of Trading|204|126|—|—|330|198| |2520 - Church Hall Running Costs|900|7,879|—|—|8,779|2,358| |2590 - Hall running - heating and|—|(951)|—|—|(951)|—| |lighting||||||| _Page 24_ |2601 - Governance Costs
Examination/Audit Fee
2701 - Church Major Repairs
2801 - Hall Major Repairs
2901 - New Building Work
Total
**Other expenditure**
9910 - Other Expenditure
Total|—
580
—
—
580
—
—
—
—
—
—
6,015
—
—
—
—
—
93
—
—
—
—
—
1,200| |---|---| ||95,398
8,787
7,096
—
111,282
156,375
1,156
—
—
—
1,156
321| ||1,156
—
—
—
1,156
321| |**EXPENDITURE TOTAL**|96,714
8,787
7,096
—
112,599
157,000| ||| |**GRAND TOTAL**|40,941
4,957
(5,178)
—
40,719
(25,458)| _Page 25_ ## **Allocation of Support Costs** Support costs comprise Trustee Training and Governance Costs etc. Due to the nature of the financial activities of the PCC, these would be allocated across Charitable Expenditure which comprises the majority of its expenditure and as such are automatically charged there. ## **Staff Costs** There were no employees during the year. There were no employee benefits to key management personnel in the previous or current year. ## **Trustees’ Remuneration & Expenses** No trustees received remuneration from the PCC in association with their role on the trustee body. 3 trustees have been paid £2,721 (2022 £2,679) for travel and subsistence during the year. ## **Related Parties** No other expenses were paid to any other PCC member, persons closely connected to them or related parties. Donations from related parties (PCC members) totalled £9,042 (2022 £9,239) ## **Other Parties** BAMMEKE AND HABERFELNER WORLDWIDE LIMITED Company Number 14253854 holds its registered office at All Saints Church Hall. The company is financially independent of the PCC and as such its affairs do not feature in the PCC’s accounts. _Page 26_ ## **Analysis of Transfer between Funds 2023** |Account|Code description||Debit|Debit|Credit|Description|Fund| |---|---|---|---|---|---|---|---| |CB3008427|St Michael CBF Investment
Fund
2080S - C|7,500.00||—||Tfr from Endowment to
General|General| |CB3008427|St Michael CBF Investment
Fund
2080S - C|—||7,500.00||Tfr from Endowment to
General|Endowment| |CB3028276|CBF Investment Fund 1001S -
Christ Churc|7,500.00||—||Tfr from General to
Endowment|Endowment| |CB3028276|CBF Investment Fund 1001S -
Christ Churc|—||7,500.00||Tfr from General to
Endowment|General| |15562654|NatWest Restoration Account -
Christ Chu|2,601.76||—|||General| |15562654|NatWest Restoration Account -
Christ Chu|—||2,601.76|||Restoratio| |15596419|NatWest Reserve Account -
Christ
Church|3,645.30||—|||General| |15596419|NatWest Reserve Account -
Christ
Church|—||3,645.30|||Reserve -| |15596419|NatWest Reserve Account -
Christ
Church|(3,644.60)||—|||General| |15596419|NatWest Reserve Account -
Christ
Church|—||(3,644.60)|||Reserve -| |15596419|NatWest Reserve Account -
Christ
Church|—||3,644.60|||Reserve -| |15596419|NatWest Reserve Account -
Christ
Church|3,644.60||—|||General| |30075833|Barclays Current - Minster|3,074.00||—|||Team - Min| |30075833|Barclays Current - Minster|—||3,074.00|||General| |30075833|Barclays Current - Minster|(1,755.34)||—|||General| |30075833|Barclays Current - Minster|1,755.34||—|||General| ||||||||| |30075833|Barclays Current - Minster|—||(1,755.34)|||Team - Min| |30075833|Barclays Current - Minster|—||1,755.34|||Team - Min| _Page 27_ |30075833|Barclays Current - Minster|1,755.34|—||General| |---|---|---|---|---|---| |30075833|Barclays Current - Minster|—|1,755.34||Team - Min| |30075833|Barclays Current - Minster|—|2,614.93||Fabric - M| |30075833|Barclays Current - Minster|2,614.93|—||General| |30075833|Barclays Current - Minster|—|2,614.93||Fabric - M| |30075833|Barclays Current - Minster|2,614.93|—||General| |30075833|Barclays Current - Minster|—|(2,614.93)||Fabric - M| |30075833|Barclays Current - Minster|(2,614.93)|—||General| |30075833|Barclays Current - Minster|—|2,614.93||Organ - Mi| |30075833|Barclays Current - Minster|2,614.93|—||General| |30075833|Barclays Current - Minster|—|8,916.90||Fabric - M| |30075833|Barclays Current - Minster|8,916.90|—||General| |30075833|Barclays Current - Minster|—|140.00||General| |30075833|Barclays Current - Minster|140.00|—|20% contribution to
Fabric
Fund|Fabric - M| |30075833|Barclays Current - Minster|—|1.96||General| |30075833|Barclays Current - Minster|1.96|—|Children's Society|Charity-| |30075833|Barclays Current - Minster|—|952.19|Tfr from charity tp
General|Charity -| |30075833|Barclays Current - Minster|952.19|—|Tfr from charity tp
General|General| |6590|Petty Cash - Minster|18.75|—|Tfr from General to
charity|Charity -| |6590|Petty Cash - Minster|—|18.75|Tfr from General to
charity|General| |CB3028459|CCLA - Stoke Minster|—|8,916.90||General| |CB3028459|CCLA - Stoke Minster|8,916.90|—||Fabric - M| |CB3028459|CCLA - Stoke Minster|2,614.93|—||Organ - Mi| |CB3028459|CCLA - Stoke Minster|—|2,614.93||General| |6614|Parish Share Arrears (2014) -
Minster|68.44|—|Tfr from designated to
general
to bringto nil|Team - Min| |6614|Parish Share Arrears (2014) -
Minster|—|68.44|Tfr from designated to
general
to bringto nil|General| |6616|Parish Share Arrears (2016) -
Minster|99.69|—|Tfr from designated to
general
to bringto nil|Team - Min| |6616|Parish Share Arrears (2016) -
Minster|—|99.69|Tfr from designated to
general
to bringto nil|General| _Page 28_ |6617|Parish Share Arrears (2017) -
Minster|107.59|107.59|—|—|Tfr from designated to
general
to bringto nil|Team - Min| |---|---|---|---|---|---|---|---| |6617|Parish Share Arrears (2017) -
Minster|—||107.59||Tfr from designated to
general
to bringto nil|General| |6618|Parish Share Arrears (2018) -
Minster|164.39||—||Tfr from designated to
general
to bringto nil|Team - Min| |6618|Parish Share Arrears (2018) -
Minster|—||164.39||Tfr from designated to
general
to bringto nil|General| |6619|Parish Share Arrears (2019) -
Minster|439.79||—||Tfr from designated to
general
to bringto nil|Team - Min| |6619|Parish Share Arrears (2019) -
Minster|—||439.79||Tfr from designated to
general
to bringto nil|General| ||||||||| |6620|Parish Share Arrears (2020) -
Minster|417.70||—||Tfr from designated to
general
to bringto nil|Team - Min| |6620|Parish Share Arrears (2020) -
Minster|—||417.70||Tfr from designated to
general
to bringto nil|General| |6621|Parish Share Arrears (2021) -
Minster|233.00||—||Tfr from designated to
general
to bringto nil|Team - Min| |6621|Parish Share Arrears (2021) -
Minster|—||233.00||Tfr from designated to
general
to bringto nil|General| |DLNANL01
2|Diocesan Loan - All Saints (< 1
yr)|—||1,175.11||Trf from Restoration
fund to
General posted
incorrectly in
previousyears|General| |DLNANL01
2|Diocesan Loan - All Saints (< 1
yr)|1,175.11||—||Trf from Restoration
fund to
General posted
incorrectly in
previousyears|Restoratio| _Page 29_ ## **Fixed Assets 2023** ## a) Tangible fixed assets The PCC of Stoke and Fenton do not hold any tangible fixed assets ## b) Fixed asset investments |**Fixed Asset Investments**||||||| |---|---|---|---|---|---|---| ||**At 1st Jan**
**£**|
**Additions**
**£**|**Disposals**
**£**|
**Transfers**
**£**|
**Change in**
**Market**
**Value £**|**At 31st**
**Dec £**| |||||||| |**Endowment funds**||||||| |Christ Church Fenton|290,676|-|-|-|(41,609)|249,067| |Minster Church of St Peter|221,843|-|-|-|(26,114)|195,729| |||||||| |**Total**|**512,520**|**-**|**-**|**-**|**(67,723)**|**444,796**| |_All investments are held in the CCLA Investment Fund._||||||| _Page 30_ ## **Debtors** ||2023
£|2022
£| |---|---|---| |||| |Gift aid recoverable|--|--| |Prepayments and accrued
income|--|879| |Other debtors|--|-| |||| |**Total**|**_**|**879**| ## **Liabilities** ||2023
£|2022
£| |---|---|---| |||| |Agency|12,282|5,333| |LDBF Loan > 1year|16,059|16,059| |LDBF Common Fund
arrears|81,164|108,222| |||| |**Total**|**109,505**|**129,614**| **Summary of Assets by Fund 2023** _Page 31_ ||**Unrestricted**|**Restricted**|**Endowment**|**2023**|**2022**| |---|---|---|---|---|---| |**Unrestricted**|||||| |General Fund|(14,455)|—|—|(14,455)|(62,933)| |**Designated**|||||| |Community Fund - Minster|174|—|—|174|—| |Fabric Designated Fund - Minster|6,937|—|—|6,937|8,930| |Fabric Fund - Christ Church|10,000|—|—|10,000|—| |Hall Designated Fund - All Saints|(8,567)|—|—|(8,567)|(1,839)| |Reserve Designated Fund - Christ Church|—|—|—|—|3,645| |Team Designated - Minster|4,858|—|—|4,858|1,088| |**Restricted**|||||| |Agency collection|—|(560)|—|(560)|415| |Charity Restricted Fund - Minster|—|392|—|392|654| |Choir - Restricted - Minster|—|149|—|149|60| |Community Investment Fund - Minster|—|17|—|17|5,720| |Organ Restricted Fund - Minster|—|11,907|—|11,907|12,208| |Restoration Restricted - All Saints|—|(14,981)|—|(14,981)|(15,878)| |Restoration Restricted Fund - Christ Church|—|—|—|—|2,601| |Underfloor Heating Restricted - All Saints|—|825|—|825|825| |**Endowment**|||||| |Christ Church Endowment|—|—|272,500|272,500|249,066| |Minster Endowment Fund|—|—|214,143|214,143|195,728| |**Total**|
**-1,053**|**-2,251**|**486,643**|**483,339**|**400,290**| **Summary of Assets by Fund 2022** _Page 32_ ||**Unrestricted**|**Designated**|**Restricted**|**Endowment**|**2022**|**2021**| |---|---|---|---|---|---|---| |**Unrestricted**||||||| |General Fund|(62,934)|—|—|—|(62,934)|(31,234)| |**Designated**||||||| |Fabric Designated Fund - Minster|—|8,931|—|—|8,931|9,996| |Hall Designated Fund - All Saints|—|(1,840)|—|—|(1,840)|512| |Reserve Designated Fund - Christ|—|3,645|—|—|3,645|3,645| |Church||||||| |Team Designated - Minster|—|1,088|—|—|1,088|864| |**Restricted**||||||| |Agency collection|—|—|415|—|415|—| |Charity Restricted Fund - Minster|—|—|654|—|654|614| |Choir - Restricted - Minster|—|—|60|—|60|—| |Community Investment Fund -|—|—|5,721|—|5,721|—| |Minster||||||| |Organ Restricted Fund - Minster|—|—|12,209|—|12,209|10,818| |Restoration Restricted - All Saints|—|—|(15,879)|—|(15,879)|(15,879)| |Restoration Restricted Fund - Christ|—|—|2,602|—|2,602|2,602| |Church||||||| |Underfloor Heating Restricted - All|—|—|825|—|825|825| |Saints||||||| |**Endowment**||||||| |Christ Church Endowment|—|—|—|249,067|249,067|290,676| |Minster Endowment Fund|—|—|—|195,729|195,729|221,843| |**Total**
|**(62,934)**|**11,824**|**6,607**|**444,796**|**400,293**|**495,282**| **The PCC of Stoke upon Trent and Fenton Financial Statements for the year ended 31 December 2023** _Page 33_ ## **Statement of Financial Activities 31 December 2022** ||**Unrestricted Designated Restricted Endowment**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**funds total funds**| |---|---| |**Income and endowments from:**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total income**
**Expenditure on:**
Raising funds
Expenditure on charitable activities
Other expenditure
**Total expenditure**
**Net income / (expenditure) resources**
**before transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Other recognised gains / losses**
Gains / losses on investment assets
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**|62,640
120
21,648
—
84,408
90,593
17,774
1,449
1,960
—
21,183
15,190
4,549
—
—
—
4,549
1,479
13,692
0
—
—
13,692
13,162
670
224
16
—
910
10,546| ||**99,325**
**1,793**
**23,624**
**—**
**124,742**
**130,971**
304
—
—
—
304
529
135,505
5,045
15,825
—
156,376
161,177
150
—
172
—
322
39| ||**135,959**
**5,045**
**15,997**
**—**
**157,001**
**161,745**| ||**(36,634)**
**(3,252)**
**7,627**
**—**
**(32,259)**
**(30,774)**
7,500
60
—
—
7,560
—
(60)
—
—
(7,500)
(7,560)
—
—
—
—
(60,224)
(60,224)
54,400| ||**(29,194)**
**(3,192)**
**7,627**
**(67,724)**
**(92,483)**
**23,625**| ||**(33,740)**
**15,017**
**(1,020)**
**512,520**
**492,777**
**469,152**| ||**(62,934)**
**11,825**
**6,607**
**444,796**
**400,294**
**492,777**| _Page 34_ Page 35