## Trustees’ Annual Report for the period 

From 1[st] January 2023                     To                    31[st] December 2023 

Charity name: The Parochial Church Council of the Ecclesiastical Parish of Sheffield St Matthew 

Charity registration number: 1197801 

## Objectives and Activities 

||SORP reference||
|---|---|---|
|Summary of the purposes of<br>the charity as set out in its<br>governing document|Para 1.17|The Purposes of the charity are set out in<br>The Parochial Church Councils (Powers)<br>Measure 1956 as amended and the Church<br>Representation Rules (contained in<br>Schedule 3 to the Synodical Government<br>Measure 1969 as amended).|
|Summary of the main<br>activities in relation to those<br>purposes for the public<br>benefit, in particular, the<br>activities, projects or<br>services identified in the<br>accounts.|Para 1.17 and<br>1.19|The Trustees lead the charity in promoting<br>in the ecclesiastical parish the whole<br>mission of the Church.|
|Statement confirming<br>whether the trustees have<br>had regard to the guidance<br>issued by the Charity<br>Commission on public<br>benefit|Para 1.18|The trustees have had regard to the<br>guidance of issued by the Charity<br>Commission on Public Benefit.|



## Additional information (optional) You may choose to include further statements where relevant about: 

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers 



Other 

## Achievements and Performance 

||SORP reference||
|---|---|---|
|Summary of the main<br>achievements of the charity,<br>identifying the difference the<br>charity’s work has made to<br>the circumstances of its<br>beneficiaries and any wider<br>benefits to society as a<br>whole.|Para 1.20|I am happy to report another really super<br>year at St Matthew’s with significant growth<br>in the numbers of<br>people attending Mass and joining our<br>community. I have been parish priest here<br>for nine years now and<br>I am greatly blessed by you all. Since 1855<br>we have sought to serve to worship God,<br>serve the<br>community and call people into the<br>sacramental life and in many ways the work<br>is the same as it always<br>was. New members have been baptised,<br>confirmed and reconciled to God. Members<br>of the congregation<br>have been married and have had children<br>and are seeking to bring them up in the<br>Catholic Faith. The<br>congregation has sought to bless our wider<br>community through good works and<br>evangelism.<br>I am delighted by how so many more of you<br>are sharing your faith and inviting friends,<br>family and<br>colleagues to church. I have also noticed<br>how families are striving to teach the faith to<br>their children at<br>home – this is so vitally important as our<br>homes should be domestic churches. It's<br>also been a great year<br>of sharing our faith more on the streets. We<br>had three wonderful street processions at<br>Corpus Christi,<br>The Assumption and our usual do for the<br>Patronal. We were well received and our<br>strategies for<br>evangelizing the parish are bearing fruits.<br>Thanks to the Holy Spirit and to you all<br>being willing to share<br>your faith on the street. Keep on keeping<br>on! Everytime the church steps out onto the<br>streets we literally<br>prick the secular bubble and we can see the<br>light of Grace penetrating the hearts of<br>many.<br>It's been a particular joy in the past year to<br>have welcomed many high quality and<br>godly visiting|





preachers. Chief amongst them Bishop Roger Jupp at Holy Week & Easter and Bishop Will Hazelwood 3 www.stmatthewscarverstreet.co.uk for the Catholic Evangelism Lecture and Patronal Festival. It was as ever kind of the diocesan bishop to join us for this and we thank Bishop Pete for his support. Bishop Stephen Race was with us to confirm in October and we thank God for raising up new candidates every year. The Parish Nursing Project and St Matthew’s House have been going from strength to strength under the able leadership of Michaela and Ben. We are working on new projects as collaborations between the constituent parts of our organization. St Matthew’s House, trading as the Art House, has grown stronger links to the ethos of the church and this is evidenced by the website and closer working relationships. It is also in a stronger financial position. The churchwardens, development worker and PCC have been a tremendous support to me. Thank you for all you do and for your assistance in making things work. Over the past year I have noticed how what we do is more integrated and how our fundraising blends in seamlessly with our missionary work. We have continued our fundraising for Regenerate and we anticipate that some of the work will be completed in 2024 with the majority of the work in 2025. I have been blessed by the support and assistance of Fr Watson and Fr Price in maintaining and growing the regular worshipping congregations of St Matthew’s. The sacristy team, organist, servers and choir have all greatly contributed to the depth and dignity of our worship. Thank you for all you do! Fiona, thank you for growing the choir! Caroline and Holly have done so much to oversee and bless our finances. It takes a whole congregation to form a church of missionary disciples. As your priest I am here to support and equip you to be the church of Jesus Christ in the world. I am excited about the year ahead, 



especially with our focus on rule of life. The Church is all of us. It is therefore us, in the name of Jesus, who are called to serve, bless and evangelise our community today. May God help us in this great commission. Our vocation is to grow personally in Jesus and share Jesus with others. This is not a specialism for a few but as the Holy Father Pope Francis says:with thousands of “To be Saints is not a privilege for the few. But a vocation for everyone!” My prayers for you all daily, Fr Naylor Vicar 



## Financial Review 

|Financial Review|||
|---|---|---|
|Review of the charity’s<br>financial position at the end<br>of the period|Para 1.21|See § ’Treasurers Report’  below|
|Statement explaining the<br>policy for holding reserves<br>stating why they are held|Para 1.22|Setting and appoval of the reserves policy<br>by the PCC has been deferred to 2024.|
|Amount of reserves held|Para 1.22|The church continues to hold a reserve<br>fund with the CCLA at £3,316 and has<br>unrestricted funds of £29,286 with Lloyds<br>Bank. This would support expenditure of at<br>least 5 months.|
|Reasons for holding zero<br>reserves|Para 1.22|n/a|
|Details of fund materially in<br>deficit|Para 1.24|There are no funds materially in deficit<br>though closing balances on Pilgrimage,<br>Specific Donations and Flowers will require<br>either transfer from General, or are<br>anticipated to be cleared by ongoing<br>regular donations in 2024.z|
|Explanation of any<br>uncertainties about the<br>charity continuing as a going<br>concern|Para 1.23|There are no concerns about the charity<br>continuing as a going concern.|



## **Treasurers Report** 

## **Overall Financial position** 

This year for the first time the accounts have been prepared on an accrual rather than on a receipts and payments basis. Figures for previous years are as originally reported. 

Total income from all activities is £22,500 lower than in 2022, however this fall in income is related to the lower value of grant income received in the year which this year has reduced by £50,000 but this has been offset by a £27,500 increase in funds from other sources. Total receipts for the year across all funds were £261,299.  This is broken down as follows Unrestricted funds managed as the Church General Fund, £99,020, £92,361 of Designated funds which is mainly represented by £79,400 held as the Regenerate fund, a fundraising project to repurpose the interior of the church planned to commence in 2024, and £69,218 of Restricted funds which includes £60,330 from our Parish Nursing outreach project, and also includes incoming receipts for pilgrimage mission activity. 

Total expenditure for the year was £187,986, an increase of £39,000 on the previous year, predominately resulting from the following increases; £15,000 interim professional fees associated with the ongoing Regenerate project, additional employment costs £7,000, and £8,000 aligned to altar costs for the purchase of a statue, gong and ombrellino which were all funded by specific donations from parishioners.  The overall split of expenditure was £99,625 on Unrestricted funds to support the day to day running of the Church, £38,284 Designated funds mainly fundraising costs, and £53,077 on Restricted funds to support our outreach and mission. 

At 31/12/2023 the church currently had 5 bank accounts. Of these 2 are held with Lloyds which cover the general activities of the church and the restoration appeal totalling £294,215 (£224,699 31/12/2022), and 3 with the CCLA which are investment funds, with a value of £87,522 (£57,128 31/12/2022).  This increase in the value of investments is due to the recognition in the accounts of the gain on the value of the Legacy fund held with the CCLA. On 5th December 2017 £33,558.86 from the Legacies Fund was invested in the CBF Church of England Investment Fund, a further £2,000 was invested pm 23rd January 2018.In previous years this has been shown in the accounts as the total amount invested of £35,588.86, without recognising the increase in the value of the shares, the current value of the shares at 31st December each year has been included in the notes to the 



accounts.  This year the value shown against the current asset has been increased to shown the market value at 31st December 2023 of £59,261 and the increase of £23,702 over the previously reported amount has been shown as a movement on reserves under Gains on investment assets. Of the total gain of £23,702, £6,615 relates to the gain in this financial year. 

In November 2023 the PCC applied to Lloyd’s bank to open a 95-day notice account earning a higher rate of interest, to hold the majority of the funds raised to date for the Regenerate campaign with a view to moving £200,000 to this account.  Due to delays in opening this account the transfer of funds was not made until January 2023. 

Unrestricted funds (Church General Fund) 

The Church General fund covers all the day to day income and expenditure of the church. Overall, our income shows an increase on the previous year income in the year of £17,000. This is in part due to claiming tax relief on donations to the restoration appeal that were made in previous years but also due to an increase in our planned giving of £7000 and increases of £2000 in both other donations and other sources of income. The figure for collections which includes giving through the plate, wall boxes and through the card machine has remained consistent with 2022. 

As at December 2023 we now have 56 regular pledges to our General Fund bringing in £4100 per month, £49200 per year before any gift aid. 

In terms of payments our biggest expenditure is still our contribution to the Diocese in the form of the Common fund payment at £23,400, in the coming 2024 year we have pledged to increase this by 8% to £25,395. Expenditure in the year was higher than the previous year by £15,000.  In previous years costs of £23,000 for employing the mission development worker, organist, and all other related costs for the choir and organ were funded from the Building Capacity Fund which was fully utilised at the end of 2022, and these now sit within the General Fund. There are also £2000 of professional fees that should have been charged to the Regenerate fund which will be reflected in a funds transfer in 2024 to redress this. 

Within our unrestricted total overall the PCC has set up some Designated funds to allow more transparency of certain items monies can be moved within and between these funds at the discretion of the PCC. 

Mission Fund - £2,242 being donations received from outside the congregation this is intended to fund our wider outreach in the future. 

Mission Development Fund- CCLA bank account with a balance of £19,242, it is hoped to keep this money available as an additional reserve should it be needed 

Regenerate Fund - this fund was set up to manage donations fundraising and grants received along with the costs associated with the project to redevelop the Nave.  After another successful year of applying for grants and fundraising the balance on this fund stands at £228,299. This reflects the monies that have actually been received to date, however much work has also gone into applying for grants where the money will only be received once certain stages of the project are completed. Further details of the funds “achieved” so far are contained within the separate Restoration report to the meeting _._ 

Reserves Fund – CCLA bank account with a balance of £3,316. 

Specific Donations Fund – this contains donations either for a specific item or where a general donation has been made towards repair and replacement of items as needed. At present this fund is currently showing as overspent, this will be redressed in 2024 by a transfer for the £1725 of Gift Aid claimed on donations currently held in the general fund and a further transfer of £750 from the General fund to cover the restoration of the painting of Fr Ommaney over and above the donations received from parishioners to cover this work.  Additionally, the purchase of the new gold vestments has been made in 2023 but is being paid for by a parishioner later in 2024.  The fund also contains a donation of £1000 for a new frontal to be purchased in 2024. 

Vicars Discretionary Fund – current balance £2,923 this is used to support Charitable work within the parish this fund goes to the heart of what we do here in supporting those most in need. It is clear that 



there is still a need for support as expenditure against this fund has increased by 50% on 2022, however this has been more than matched by generous donations from parishioners. 

Legacies Fund – CCLA investment account current value £59,661 recognising all gains to date. 

## Restricted Funds 

These funds can only be used for their specific purpose. 

Building Capacity Fund – closed and balance of £1,331 taken to General Fund at start of 2023. 

Student Ministry Fund – £1,591. The number of activities is now increasing as we are able to host more events to reflect the growing number of students St Matthews attracts. Expenditure has increased on last year whilst donations remain fairly constant, however the activities have been supported by the successful bid for a grant by the student team for £500 from the Diocese of Sheffield. 

Parish Nursing Fund **–** £29,926 this is supported from a grant received in 2019 and has been successful in receiving substantially increased grant funding and also donations in this year compared to last. The fund pays for the costs of employing our Parish Nurses and covering the volunteer costs and outreach work the project delivers, including the provision of a stall in the Sheffield Moor Markets. A transfer was made from this fund to the general fund as a management fee for the other costs incurred in running this project. 

Pilgrimage- provision of annual pilgrimage to Walsingham and other pilgrimages as they occur. This fund is currently showing as overspent by £880, however a prepayment was missed as part of the year end for the deposits for the coach and accommodation for the 2024 pilgrimage to Walsingham amounting to £850.  This cost should be covered by the payments received from the pilgrims attending in 2024.  At the end of 2024 any future year costs will be deferred into the next year giving a true balance on the fund which if in surplus will be carried forward to provide assisted places for those in need on future pilgrimages. 

Flower funds – to provide the flowers for church from donations. It is hoped that the use of specific gift envelopes at Christmas and Easter will encourage the congregation to give towards the flower fund to enable us to keep the church beautifully decorated particularly at these seasons _._ At present Gift aid is not directly credited to this fund on donations but held in the General fund, any overspend on flowers at the end of the year as in this year of £166 is covered by a transfer in the future year from the General fund. 

Richard Buckley fund - funded from a legacy donation in 2019 to be used to support young people attending Walsingham pilgrimages. This year it has not been necessary to utilise this fund to support places as sufficient other donations have been received within the pilgrimage fund.  It remains at £2901 available for use in future years. 

After 4 years as Treasurer, I have decided to step down this year. I felt that this was a good time as it would allow us to have the new person in place before we start on the re-ordering project itself. I intend to do a couple of months handover and I will remain available to provide any information and assistance as the rest of the year unfolds. 

Caroline Fisher 

Treasurer. 

_----_ 



## Structure, Governance and Management 

|Description of charity’s<br>trusts:|||
|---|---|---|
|Type of governing document<br>(trust deed, royal charter)|Para 1.25|The Parochial Church Councils (Powers)<br>Measure 1956 as amended and the Church<br>Representation Rules (contained in<br>Schedule 3 to the Synodical Government<br>Measure 1969 as amended).|
|How is the charity<br>constituted?<br>(e.g unincorporated<br>association, CIO)|Para 1.25|As above.|
|Trustee selection methods<br>including details of any<br>constitutional provisions e.g.<br>election to post or name of<br>any person or body entitled<br>to appoint one or more<br>trustees|Para 1.25|The trustee body is made up of three<br>exofficio officers: The Vicar, and two<br>Churchwardens who are members by virtue<br>of their office. Two Deanery Synod Officers<br>are also ex-officio members by virtue of<br>their election as is a member of General<br>Synod. The other member are elected<br>annually at the Annual General Meeting.|



|Additional information (optional)<br>You may choose to include further statements|Additional information (optional)<br>You may choose to include further statements|where relevant about:|
|---|---|---|
|Policies and procedures<br>adopted for the induction<br>and training of trustees|Para 1.51||
|The charity’s organisational<br>structure and any wider<br>network with which the<br>charity works|Para 1.51||
|Relationship with any related<br>parties|Para 1.51||
|Other|||



## Reference and Administrative details 

|Charity name|The Parochial Church Council of the Ecclesiastical Parish of<br>Sheffield St Matthew|
|---|---|
|Other name the charity uses||
|Registered charity number|1197801|





|Charity’s principal address|The Parish Office,<br>8 Backfields,<br>Sheffield,<br>S1 4HJ|
|---|---|
|||





Names of the charity trustees who manage the charity 

|1<br>2<br>3<br>4<br>5<br>6<br>7<br>8<br>9<br>10<br>11<br>12<br>13<br>14<br>15<br>16<br>17<br>18<br>19<br>20|Trustee name|Office (if any)|Dates acted if not for whole<br>year|Name of person (or body) entitled to<br>appoint trustee (if any)|
|---|---|---|---|---|
||Fr Grant Lambert<br>Naylor|Chair|||
||Dr Stuart Barfield|Churchwarden|||
||Mr Stephen Linskill|Churchwarden|||
||Mrs Caroline<br>Fisher|Treasurer|||
||Miss Holly<br>Featherstone|Secretary|||
||Mrs Carol Taylor||||
||Mr Ian James<br>Burgess||||
||Minerva Faddoul||16/04/203-31/12/2023||
||Fr Alan Watson||||
||Michaela Suckling||||
||Dr Richard<br>Dawidek||16/04/203-31/12/2023||
||Ms Zoe Kilner Farr||||
||Ms Sandra Palmer||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||



## – Corporate trustees names of the directors at the date the report was approved 

Director name 

## Name of trustees holding title to property belonging to the charity 

Trustee name Dates acted if not for whole year 



## Funds held as custodian trustees on behalf of others 

Description of the assets N/a held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets 



## Declarations 

The trustees declare that they have approved the trustees’ report above. 

Signed on behalf of the charity’s trustees 

|Signature(s)<br>Full name(s)<br>Position (eg Secretary,<br>Chair, etc)<br>Date|||
|---|---|---|
||Holly Featherstone||
||<br>Secretary||
||11.10.2024||
||11.10.2024||





## **St Matthews Church PCC Sheffield** 

## **End of Year Financial Statements** 

**Year ending 31/12/2023** 



## **Statement of Financial Activities** 

||**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Total**<br>**Prior year**<br>**funds**<br>**funds**<br>**funds**<br>**funds**<br>**total funds**|
|---|---|
|**Income and endowments from:**<br>Donations and legacies<br>Other trading activities<br>Investments<br>Other income<br>**Total income**<br>**Expenditure on:**<br>Raising funds<br>Expenditure on charitable activities<br>Other expenditure<br>**Total expenditure**<br>Gains / losses on investment assets<br>**Net income / (expenditure) resources before**<br>**transfer**<br>**Transfers**<br>Gross transfers between funds - in<br>Gross transfers between funds - out<br>**Other recognised gains / losses**<br>Gains on revaluation, fixed assets, charity's own use<br>**Net movement in funds**<br>**Total funds brought forward**<br>**Total funds carried forward**<br>**Represented by**<br>**Unrestricted**<br>General fund<br>**Designated**<br>Legacy<br>Merchandise Fund<br>Mission (Designated)<br>Mission Development Fund<br>Regenerate<br>Reserves<br>Specific Donations New and Restored Items<br>Vicar's Discretionary Fund<br>**Restricted**<br>Building Capacity Grants<br>Flowers<br>Parish Nursing<br>Pilgrimage<br>Student Ministry<br>The Richard Buckley Fund|146,939<br>60,911<br>—<br>207,850<br>259,695<br>161<br>—<br>—<br>161<br>443<br>2,434<br>—<br>—<br>2,434<br>330<br>41,846<br>9,007<br>—<br>50,853<br>23,373|
||**191,381**<br>**69,918**<br>**—**<br>**261,299**<br>**283,843**<br>94,638<br>3,501<br>—<br>98,139<br>88,084<br>—<br>—<br>—<br>—<br>—<br>40,270<br>49,575<br>—<br>89,846<br>61,497|
||**134,909**<br>**53,077**<br>**—**<br>**187,986**<br>**149,582**<br>23,702<br>—<br>—<br>23,702<br>—|
||**80,174**<br>**16,841**<br>**—**<br>**97,015**<br>**134,261**<br>22,876<br>1,795<br>—<br>24,671<br>1,990<br>(21,833)<br>(2,838)<br>—<br>(24,671)<br>(1,990)<br>—<br>—<br>—<br>—<br>—|
||**81,218**<br>**15,797**<br>**—**<br>**97,015**<br>**134,261**|
||**264,192**<br>**17,635**<br>**—**<br>**281,828**<br>**147,566**|
||**345,410**<br>**33,433**<br>**—**<br>**378,844**<br>**281,828**<br>32,202<br>—<br>—<br>32,202<br>34,717<br>59,261<br>—<br>—<br>59,261<br>35,558<br>—<br>—<br>—<br>—<br>—<br>2,252<br>—<br>—<br>2,252<br>2,252<br>19,242<br>—<br>—<br>19,242<br>18,398<br>228,299<br>—<br>—<br>228,299<br>167,262<br>3,316<br>—<br>—<br>3,316<br>3,171<br>(2,138)<br>—<br>—<br>(2,138)<br>1,500<br>2,973<br>—<br>—<br>2,973<br>1,331<br>—<br>—<br>—<br>—<br>1,113<br>—<br>(166)<br>—<br>(166)<br>(75)<br>—<br>29,926<br>—<br>29,926<br>14,528<br>—<br>(818)<br>—<br>(818)<br>(2,720)<br>—<br>1,591<br>—<br>1,591<br>1,888<br>—<br>2,901<br>—<br>2,901<br>2,901|



## **Balance sheet** 



||**Total funds**<br>**Prior year funds**|
|---|---|
|**Current assets**<br>Debtors<br>Investments<br>Cash at bank and in hand<br>**Liabilities**<br>Creditors: Amounts falling due in one year<br>**Net current assets less current liabilities**<br>**Total assets less current liabilities**<br>**Total net assets less liabilities**<br>**Represented by**<br>**Unrestricted**<br>General fund<br>**Designated**<br>Specific Donations New and Restored Items<br>Vicar's Discretionary Fund<br>Legacy<br>Mission Development Fund<br>Mission (Designated)<br>Reserves<br>Regenerate<br>**Restricted**<br>Building Capacity Grants<br>Parish Nursing<br>Pilgrimage<br>The Richard Buckley Fund<br>Student Ministry<br>Flowers<br>Fellowship of St John (Dev Worker)<br>**Funds of the church**|12,228<br>—<br>81,522<br>57,128<br>294,215<br>224,699|
||**387,966**<br>**281,828**<br>9,122<br>—|
||**9,122**<br>**—**|
||**378,844**<br>**281,828**|
||**378,844**<br>**281,828**|
||**378,844**<br>**281,828**<br>32,202<br>34,717<br>(2,138)<br>1,500<br>2,973<br>1,331<br>59,261<br>35,558<br>19,242<br>18,398<br>2,252<br>2,252<br>3,316<br>3,171<br>228,299<br>167,262<br>—<br>1,113<br>29,926<br>14,528<br>(818)<br>(2,720)<br>2,901<br>2,901<br>1,591<br>1,888<br>(166)<br>(75)<br>—<br>—|
||**378,844**<br>**281,828**|





## **Statement of assets and liabilities** 

||**General Designated**<br>**Restricted**|**Endowment**|**This year**<br>**Last year**|
|---|---|---|---|
|**Fixed assets - Social investments**<br>**(programme related)**<br>Shares -<br>Shares -<br>**Totals**<br>**Current assets - Cash at bank and in hand**<br>Lloyds Bank -<br>Restoration (Lloyds) -<br>**Totals**<br>**Current assets - Debtors**<br>Accounts Receivable -<br>**Totals**<br>**Current assets - Investments**<br>CCLA - Buildings Fund (reserves) -<br>CCLA - Mission Dev. Fund -<br>CCLA - Legacy Fund -<br>**Totals**<br>**Liabilities - Agency accounts**<br>Agency collections -<br>**Totals**<br>**Liabilities - Creditors: Amounts falling due in**<br>**one year**<br>Accounts Payable -<br>**Totals**<br>**Grand total**|0<br>—<br>—<br>—<br>—<br>0|—<br>—|0<br>0<br>0<br>0|
||**0**<br>**—**<br>**0**<br>28,786<br>10,965<br>25,775<br>500<br>220,693<br>7,493|**—**<br>—<br>—|**—**<br>**—**<br>65,528<br>118,637<br>228,687<br>106,061|
||**29,286**<br>**231,658**<br>**33,269**<br>9,831<br>695<br>1,702|**—**<br>—|**294,215**<br>**224,699**<br>12,228<br>—|
||**9,831**<br>**695**<br>**1,702**<br>—<br>3,272<br>—<br>—<br>18,988<br>—<br>—<br>59,261<br>—|**—**<br>—<br>—<br>—|**12,228**<br>**—**<br>3,272<br>3,171<br>18,988<br>18,398<br>59,261<br>35,558|
||**—**<br>**81,522**<br>**—**<br>—<br>—<br>638|**—**<br>—|**81,522**<br>**57,128**<br>638<br>—|
||**—**<br>**—**<br>**638**<br>6,916<br>667<br>899|**—**<br>—|**638**<br>**—**<br>8,484<br>—|
||**6,916**<br>**667**<br>**899**|**—**|**8,484**<br>**—**|
||**32,202**<br>**313,208**<br>**33,433**|**—**|**378,844**<br>**281,828**|





## **Fund movement by type** 

||**Opening**<br>**Incoming**<br>**Outgoing**|**Transfers**|**Gains/losses**<br>**Closing**|
|---|---|---|---|
|**BCG - Building Capacity Gr**<br>Restricted<br>**Sub-total for BCG**<br>**Flowers - Flowers**<br>Restricted<br>**Sub-total for Flowers**<br>**Legacy - Legacy**<br>Designated<br>**Sub-total for Legacy**<br>**MDF - Mission Development**<br>Designated<br>**Sub-total for MDF**<br>**Mission - Mission (Designated)**<br>Designated<br>**Sub-total for Mission**<br>**PN - Parish Nursing**<br>Restricted<br>**Sub-total for PN**<br>**Pilgrimage - Pilgrimage**<br>Restricted<br>**Sub-total for Pilgrimage**<br>**RBF - The Richard Buckley**<br>Restricted<br>**Sub-total for RBF**<br>**Reserves - Reserves**<br>Designated<br>**Sub-total for Reserves**<br>**RestApps - Regenerate**<br>Designated<br>Restricted<br>**Sub-total for RestApps**<br>**SpfDon - Specific Donations N**<br>Designated<br>**Sub-total for SpfDon**<br>**StudMin - Student Ministry**<br>Restricted<br>**Sub-total for StudMin**<br>**VDF - Vicar's Discretionar**<br>Designated<br>**Sub-total for VDF**<br>**General - General fund**<br>Unrestricted<br>**Sub-total for General**<br>**Grand total**|1,113<br>—<br>—|(1,113)|—<br>—|
||**1,113**<br>**—**<br>**—**<br>(75)<br>682<br>898|**(1,113)**<br>125|**—**<br>**—**<br>—<br>(166)|
||**(75)**<br>**682**<br>**898**<br>35,558<br>—<br>—|**125**<br>—|**—**<br>**(166)**<br>—<br>59,261|
||**35,558**<br>**—**<br>**—**<br>18,398<br>844<br>—|**—**<br>—|**—**<br>**59,261**<br>—<br>19,242|
||**18,398**<br>**844**<br>**—**<br>2,252<br>—<br>—|**—**<br>—|**—**<br>**19,242**<br>—<br>2,252|
||**2,252**<br>**—**<br>**—**<br>14,528<br>60,330<br>43,207|**—**<br>(1,725)|**—**<br>**2,252**<br>—<br>29,926|
||**14,528**<br>**60,330**<br>**43,207**<br>(2,720)<br>8,110<br>7,877|**(1,725)**<br>1,670|**—**<br>**29,926**<br>—<br>(818)|
||**(2,720)**<br>**8,110**<br>**7,877**<br>2,901<br>—<br>—|**1,670**<br>—|**—**<br>**(818)**<br>—<br>2,901|
||**2,901**<br>**—**<br>**—**<br>3,171<br>145<br>—|**—**<br>—|**—**<br>**2,901**<br>—<br>3,316|
||**3,171**<br>**145**<br>**—**<br>167,262<br>79,400<br>21,316<br>—<br>—<br>—|**—**<br>2,953<br>—|**—**<br>**3,316**<br>—<br>228,299<br>—<br>—|
||**167,262**<br>**79,400**<br>**21,316**<br>1,500<br>8,630<br>12,268|**2,953**<br>—|**—**<br>**228,299**<br>—<br>(2,138)|
||**1,500**<br>**8,630**<br>**12,268**<br>1,888<br>795<br>1,092|**—**<br>—|**—**<br>**(2,138)**<br>—<br>1,591|
||**1,888**<br>**795**<br>**1,092**<br>1,331<br>3,341<br>1,698|**—**<br>—|**—**<br>**1,591**<br>—<br>2,973|
||**1,331**<br>**3,341**<br>**1,698**<br>34,717<br>99,020<br>99,625|**—**<br>(1,910)|**—**<br>**2,973**<br>—<br>32,202|
||**34,717**<br>**99,020**<br>**99,625**|**(1,910)**|**—**<br>**32,202**|
||**281,828**<br>**261,299**<br>**187,986**|**—**|**—**<br>**378,844**|





## **Analysis of income and expenditure** 

|**Unrestricted**<br>**INCOME AND ENDOWMENTS**<br>**Donations and legacies**<br>0850 - Grants Received<br>6,970<br>1001 - Plate + Wall boxes<br>2,914<br>1002 - Sundry Donations<br>757<br>1004 - Online Giving - card machine<br>3,653<br>1101 - Other Voluntary Income (GA)<br>4,151<br>1103 - Planned Giving (Tax Efficient)<br>43,652<br>1104 - Other Planned Income (not<br>GA'ed)<br>5,381<br>1105 - Fundraising<br>1,478<br>1106 - Events<br>316<br>1111 - Specific Donations<br>New/Restored Items<br>—<br>1112 - Flowers<br>30<br>1113 - Restoration Appeals<br>—<br>1119 - Legacy<br>—<br>Total<br>69,305<br>**Other trading activities**<br>1120 - Sales<br>65<br>Total<br>65<br>**Investments**<br>1020 - Interest received<br>—<br>Total<br>—<br>**Other income**<br>0601 - Tax Relief<br>24,022<br>1107 - Church Hire<br>420<br>1110 - Sheff. Diocesan<br>—<br>1122 - Insurance Payout<br>—<br>1124 - Fees<br>—<br>2000 - Art House insurance reimb.<br>5,483<br>2001 - Mission Partnership<br>Contributions<br>—<br>9003 - Durham 2022<br>—<br>9009 - Walsingham<br>—<br>9010 - National Walsingham Festival<br>115<br>9011 - Holy Land 2023<br>(390)<br>Total<br>29,650|**Unrestricted**|**Designated**|**Restricted**|**Total**<br>**Endowment**<br>**This year**<br>**Last year**<br>—<br>112,055<br>162,173<br>—<br>2,914<br>4,653<br>—<br>3,281<br>6,933<br>—<br>3,771<br>4,579<br>—<br>28,613<br>22,481<br>—<br>44,372<br>39,589<br>—<br>5,693<br>4,174<br>—<br>6,442<br>13,675<br>—<br>356<br>1,235<br>—<br>250<br>—<br>—<br>100<br>200<br>—<br>—<br>—<br>—<br>—<br>—|
|---|---|---|---|---|
|||<br>50,000<br>—<br>889<br>118<br>20,773<br>600<br>—<br>4,963<br>40<br>250<br>—<br>—<br>—|55,085<br>—<br>1,635<br>—<br>3,688<br>120<br>312<br>—<br>—<br>—<br>70<br>—<br>—||
||69,305<br>65|77,634<br>96|60,911<br>—|—<br>207,850<br>259,695<br>—<br>161<br>443|
||65<br>—|96<br>2,434|—<br>—|—<br>161<br>443<br>—<br>2,434<br>330|
||—<br>24,022<br>420<br>—<br>—<br>—<br>5,483<br>—<br>—<br>—<br>115<br>(390)|2,434<br>12,196<br>—<br>—<br>—<br>—<br>—<br>—<br>—<br>—<br>—<br>—|—<br>897<br>—<br>—<br>—<br>—<br>—<br>—<br>—<br>6,850<br>250<br>1,010|—<br>2,434<br>330<br>—<br>37,115<br>12,198<br>—<br>420<br>—<br>—<br>—<br>—<br>—<br>—<br>—<br>—<br>—<br>1,456<br>—<br>5,483<br>3,437<br>—<br>—<br>—<br>—<br>—<br>149<br>—<br>6,850<br>6,012<br>—<br>365<br>120<br>—<br>620<br>—|
||29,650|12,196|9,007|—<br>50,853<br>23,373|
|**INCOME TOTAL**|99,020|92,361|69,918|—<br>261,299<br>283,843|





## **EXPENDITURE** 

## **Raising funds** 

|**aising funds**|||||||
|---|---|---|---|---|---|---|
|100 - Major Building Works|—|—|—|—|—|12,240|
|101 - Minor Building Works|2,531|—|—|—|2,531|—|
|102 - Restoration & Replacement|240|4,240|—|—|4,480|—|
|103 - Maintenance|1,147|—|—|—|1,147|444|
|104 - Organ repairs/maintenance|1,132|—|—|—|1,132|980|
|200 - Telephone costs|906|—|—|—|906|762|
|201 - Electricity|4,894|—|—|—|4,894|5,947|
|202 - Gas|2,460|—|—|—|2,460|2,139|
|203 - Water Supply|368|—|—|—|368|307|
|204 - Insurance|5,442|—|—|—|5,442|4,803|
|205 - Insurance - Art House|5,867|—|—|—|5,867|4,253|
|206 - Health & Safety|152|—|—|—|152|201|
|207 - Broadband|—|—|372|—|372|287|
|2249 - Fund raising costs|—|3,373|—|—|3,373|5,102|
|2411 - Admistrative Expenses incl|465|—|—|—|465|—|
|salaries|||||||
|2416 - Laity Travel|24|—|—|—|24|51|
|2422 - Flowers|29|—|898|—|928|838|
|2425 - Common Fund|23,400|—|—|—|23,400|22,489|
|2429 - Diocese Fees|—|—|—|—|—|630|
|2430 - Clergy Expenses|1,949|—|—|—|1,949|423|
|2431 - Clergy Travel|2,451|87|—|—|2,538|1,640|
|2432 - Visiting Clergy|466|—|—|—|466|—|
|2445 - Childrens Ministry|317|—|—|—|317|131|
|2450 - Governance|—|—|—|—|—|—|
|300 - Organist|6,361|—|—|—|6,361|4,969|
|3000 - Walsingham Future Year|—|—|887|—|887|—|
|500 - Mission & Evangelism Costs|1,698|—|—|—|1,698|1,757|
|501 - St Matthew's Festival|296|—|—|—|296|474|
|502 - Subscriptions|150|—|—|—|150|150|
|504 - Gifts & Hospitality|2,217|—|21|—|2,238|2,244|
|505 - Altar & Church Supplies|4,122|8,028|—|—|12,150|4,493|
|506 - Other Parochial Expenditure|4,797|49|277|—|5,124|3,682|
|507 - Printing|2,162|—|—|—|2,162|5,049|
|508 - Cleaning|—|—|—|—|—|—|
|509 - Office Supplies|1,166|—|—|—|1,166|899|
|510 - Student Events & Hopitality|—|—|1,012|—|1,012|579|
|511 - Website|220|—|—|—|220|—|
|512 - Postage|124|74|—|—|199|107|
|513 - Advertising|837|382|32|—|1,252|—|
|Total|78,402|16,236|3,501|—|98,139|88,084|
|**xpenditure on charitable activities**|||||||
|514 - Donations to Charity|—|—|—|—|—|—|
|Total|—|—|—|—|—|—|
|**ther expenditure**|||||||
|2447 - Professional Fees|5,380|17,349|—|—|22,729|2,107|
|3009 - Walsingham Current Year|—|—|6,160|—|6,160|9,445|
|301 - Parish Nursing Salary|—|—|21,899|—|21,899|19,519|
|3010 - National Walsingham Festival|—|—|580|—|580|—|
|302 - Parish Nuring Tax (HMRC)|—|—|4,335|—|4,335|4,022|
|303 - Parish Nursing Volunteer Costs|—|—|2,556|—|2,556|—|
|304 - Dev. Workers Salary|13,718|—|—|—|13,718|10,028|
|305 - Parish Nursing Pension|—|—|2,400|—|2,400|2,211|
|306 - Choir and Music Expenses|1,715|—|—|—|1,715|1,341|
|307 - Payroll Costs VAS|408|—|—|—|408|—|
|400 - Parish Nursing Outreach|—|—|2,729|—|2,729|10,933|
|Supplies|||||||
|401 - Parish Nursing Outreach Gifts|—|—|932|—|932|—|



## **Expenditure on charitable activities** 

## **Other expenditure** 



|402 - Parish Nursing Stall Rental<br>403 - Parish Nursing Stall Resources<br>404 - Parish Nursing Employment<br>Costs<br>503 - Discretionary Charitable<br>Assistance<br>Total|—<br>—<br>—<br>—|—<br>—<br>—<br>1,698|2,152<br>963<br>4,865<br>—|—<br>2,152<br>—<br>—<br>963<br>—<br>—<br>4,865<br>—<br>—<br>1,698<br>1,336|
|---|---|---|---|---|
||21,223|19,047|49,575|—<br>89,846<br>60,947|
|**EXPENDITURE TOTAL**|99,625|35,284|53,077|—<br>187,986<br>149,032|
||||||
|**GRAND TOTAL**|(604)|57,077|16,841|—<br>73,313<br>134,811|





## **St Matthews Church PCC  - Notes to the accounts  for the year ending 31/12/2023** 

## **1. Accounting Policy** 

This is the first year that the accounts have been prepared on an accruals basis. 

## **2. Debtors** 

Total Debtors of £12,229 are made up of :- 

£ Gift Aid reclaimable   8,861 DCMS vat relief            229 Prepayments              1,471 Accrued Interest            299 Accrued Income              97 Other Debtors             1273 

## **3. Other Monetary Assets** 

Against the General fund of the accounts there is an asset of £10,899 relating to a debt owed by  St Matthews House.  This is not currently recorded as an asset in the accounts, but remains payable on request. 

£ Debt owed @  01/01/2023 10,899 Repayments in year nil Debt owed @ 31/12/2023                        10,899 

## **4. Investments** 

On 5th December 2017 £33,558.86 from the Legacies Fund was invested in the CBF Church of England Investment Fund, a further £2,000 was invested pm 23rd January 2018. 

In previous years this has been shown in the accounts as the total amount invested of £35,588.86, without recognising the increase in the value of the shares, the current value of the shares at 31st December each year has been included in the notes to the accounts.  This year the value shown against the current asset has been increased to shown the market value at 31st December 2023 of £59,261.17 and the increase of £23,702.31 over the previously reported amount has been shown as a movement on reserves under Gains on investment assets. 

Of the total gain of £23,702.31 , £6,615 relates to the gain in this financial year. 

## **5. Gift Aid** 

The total Gift Aid of £34,050.49 is made up as follows:-                     £ 

Gift Aid claimed and received in the year to 31/12/2023            25,189.12 Gift Aid claimed but not paid at 31/12/2023                                  3,523.36 Gift Aid still to be claimed at 31/12/2023                                       5,338.01 

Additionally with tax relief shown within the accounts of £31,115.78,is £3,065.29 which relates to DCMS Vat Relief for Listed Buildings 



## **6. Liabilites** 

Sundry Creditors for church running costs £8.484 

## **7. Employment Costs/Average number of employees** 

Employment Costs  £36,19 

Number of Employees 4 

The church employs 2 Parish Nurses, a Parish Nursing administrator and an Organist.  The Mission Development worker is employed by the Diocese of Sheffield. 



St Matthews Church Carver Street 

Trustees Report 

year ending 31 December 2023 

## **St Matthews Church PCC Sheffield - Financial Summary by Fund for the year ending 31/12/2023** 

|**Unrestricted Funds**|**General fund**<br>**2023**<br>**2022**<br>**2021**<br>Planned Giving<br>49,033<br>42,833<br>38,179<br>Collections<br>6,568<br>6,632<br>7,853<br>Other Donations<br>4,909<br>2,194<br>1,386<br>Tax Relief<br>24,022<br>12,198<br>10,423<br>Grants<br>6,970<br>12,407<br>6,900<br>Other Income<br>7,518<br>5,623<br>4,747|
|---|---|
||**Income Total**<br>**99,020**<br>**81,888**<br>**69,488**|
||Building Works<br>(2,531)<br>(12,240)<br>(1,060)<br>Repairs & Maintenance<br>(1,388)<br>(444)<br>(3,170)<br>Church Running Costs<br>(20,093)<br>(18,416)<br>(14,558)<br>Clergy Travel & Expenses<br>(4,867)<br>(2,064)<br>(2,245)<br>Common Fund<br>(23,400)<br>(22,490)<br>(22,490)<br>Employment costs<br>(14,593)<br>0<br>0<br>Gifts & Hospitality<br>(2,217)<br>(1,853)<br>(1,798)<br>Mission & Evangelism<br>(1,994)<br>(2,224)<br>(2,315)<br>Childrens Ministry<br>(317)<br>(132)<br>(269)<br>Music Costs<br>(9,209)<br>0<br>0<br>Other Expenses<br>(24)<br>(630)<br>(52)<br>Publicity & Printing<br>(4,510)<br>(5,418)<br>(3,970)<br>Professional Fees<br>(5,380)<br>(360)<br>(1,572)<br>Sacristy Costs<br>(4,122)<br>(3,993)<br>(3,415)<br>Misc expenses<br>(4,978)<br>(4,111)<br>(1,030)|
||**Expenditure Total**<br>**(99,625)**<br>**(74,375)**<br>**(57,943)**|
||**Movement in Year**<br>**(605)**<br>**7,513**<br>**11,544**<br>**Opening balance**<br>**34,717**<br>**25,212**<br>**11,592**<br>**Transfers**<br>**(1,910)**<br>**1,991**<br>**2,076**<br>**Closing balance**<br>**32,202**<br>**34,717**<br>**25,212**|
|||
|**Unrestricted Funds TOTAL**|**32,202**<br>**34,717**<br>**25,212**|



Page 1 of 4 



St Matthews Church Carver Street 

Trustees Report 

year ending 31 December 2023 

## **Designated Funds** 

|**Mission (Designated)**|**2023**|**2022**|**2021**|
|---|---|---|---|
|**Income Total**|**0**|**0**|**350**|
|**Expenditure Total**|**0**|**0**|**0**|
|**Movement in Year**|**0**|**0**|**350**|
|**Opening balance**|**2,252**|**2,252**|**1,902**|
|**Closing balance**|**2,252**|**2,252**|**2,252**|
|**Mission Development Fund**|**2023**|**2022**|**2021**|
|**Income Total**|**844**|**239**|**9**|
|**Movement in Year**|**844**|**239**|**9**|
|**Opening balance**|**18,398**|**18,159**|**18,150**|
|**Transfers**||||
|**Closing balance**|**19,243**|**18,398**|**18,159**|
|**Regenerate**|**2023**|**2022**|**2021**|
|Tax Relief|12,196|0|5,723|
|Grants|50,000|101,465|0|
|Donations|10,660|23,726|40,004|
|Fundraising|5,099|14,626|2,762|
|Interest|1,445|51|1|
|**Income Total**|**79,400**|**139,868**|**48,490**|
|Professional Fees|(17,349)|(1,748)|(18,300)|
|Other costs|(3,968)|(5,417)|(1,009)|
|**Expenditure Total**|**(21,317)**|**(7,165)**|**(19,310)**|
|**Movement in Year**|**58,083**|**132,703**|**29,180**|
|**Opening balance**|**167,262**|**34,559**|**2,838**|
|**Transfers**|**2,954**|**0**|**2,521**|
|**Closing balance**|**228,299**|**167,262**|**34,559**|
|**Reserves**|**2023**|**2022**|**2021**|
|**Income Total**|**146**|**41**|**2**|
|**Movement in Year**|**146**|**41**|**2**|
|**Opening balance**|**3,171**|**3,130**|**3,128**|
|**Closing balance**|**3,316**|**3,171**|**3,130**|
|**Specific Donations**|**2023**|**2022**|**2021**|
|**Income Total**|**8,630**|**715**|**1,000**|
|**Expenditure Total**|**(12,269)**|**(500)**|**(1,533)**|
|**Movement in Year**|**(3,639)**|**215**|**(533)**|
|**Opening balance**|**1,500**|**1,285**|**1,818**|
|**Closing balance**|**(2,139)**|**1,500**|**1,285**|



Page 2 of 4 



St Matthews Church Carver Street 

Trustees Report 

year ending 31 December 2023 

||**Vicar's Discretionary Fund**<br>**2023**<br>**2022**<br>**2021**|
|---|---|
||**Income Total**<br>**3,341**<br>**2,206**<br>**838**|
||**Expenditure Total**<br>**(1,698)**<br>**(1,058)**<br>**(1,229)**|
||**Movement in Year**<br>**1,643**<br>**1,148**<br>**(391)**<br>**Opening balance**<br>**1,331**<br>**183**<br>**574**<br>**Closing balance**<br>**2,973**<br>**1,331**<br>**183**|
||**Legacy**<br>**2023**<br>**2022**<br>**2021**|
||**Gain/loss in year**<br>**23,702**<br>**Gain/loss in previous years**<br>**Opening balance**<br>**35,559**<br>**35,559**<br>**35,558**<br>**Closing balance**<br>**59,261**<br>**35,559**<br>**35,558**|
|||
|**Designated Funds TOTAL**|**313,206**<br>**229,473**<br>**95,126**|
|**Restricted Funds**|**Building Capacity Grant**<br>**2023**<br>**2022**<br>**2021**|
||**Income Total**<br>**0**<br>**8,900**<br>**9,400**|
||**Expenditure Total**<br>**0**<br>**(17,947)**<br>**(17,352)**|
||**Movement in Year**<br>**0**<br>**(9,047)**<br>**(7,952)**<br>**Opening balance**<br>**1,113**<br>**10,160**<br>**18,112**<br>**transfers**<br>**(1,113)**<br>**Closing balance**<br>**0**<br>**1,113**<br>**10,160**|
||**Student Ministry**<br>**2023**<br>**2022**<br>**2021**<br>Grants<br>**500**<br>Donations<br>295<br>165<br>1,015|
||**Income Total**<br>**795**<br>**165**<br>**1,015**|
||**Expenditure Total**<br>**(1,093)**<br>**(729)**<br>**(902)**|
||**Movement in Year**<br>**(298)**<br>**(564)**<br>**113**<br>**Opening balance**<br>**1,888**<br>**2,452**<br>**2,339**<br>**Closing balance**<br>**1,591**<br>**1,888**<br>**2,452**|



Page 3 of 4 



St Matthews Church Carver Street 

Trustees Report 

year ending 31 December 2023 

|**Parish Nursing**|**2023**<br>**2022**<br>**2021**<br>Grants<br>54,585<br>38,901<br>28,986<br>Donations<br>5,746<br>3,389<br>3,486|
|---|---|
||**Income Total**<br>**60,331**<br>**42,290**<br>**32,472**|
||Employment & Volunteer Costs<br>(33,501)<br>(25,754)<br>(19,554)<br>Outreach Supplies<br>(2,729)<br>(10,933)<br>(11,892)<br>Outreach Gifts<br>(932)<br>Stall Rental<br>(2,153)<br>Stall Resources<br>(963)<br>Volunteer costs<br>(2,557)<br>Broadband<br>(372)<br>(288)|
||**Expenditure Total**<br>**(43,208)**<br>**(36,974)**<br>**(31,446)**|
||**Movement in Year**<br>**17,123**<br>**5,316**<br>**1,026**<br>**Opening balance**<br>**14,528**<br>**11,202**<br>**12,016**<br>**Transfers**<br>**(1,725)**<br>**(1,990)**<br>**(1,840)**<br>**Closing balance**<br>**29,926**<br>**14,528**<br>**11,202**|
||**Pilgrimage**<br>**2023**<br>**2022**<br>**2021**|
||**Income Total**<br>**8,110**<br>**6,629**<br>**5,770**|
||**Expenditure Total**<br>**(7,878)**<br>**(9,844)**<br>**(5,666)**|
||**Movement in Year**<br>**232**<br>**(3,215)**<br>**104**<br>**Opening balance**<br>**(2,721)**<br>**494**<br>**(825)**<br>**Transfers**<br>**1,670**<br>**1,215**<br>**Closing balance**<br>**(819)**<br>**(2,721)**<br>**494**|
||**Flowers**<br>**2023**<br>**2022**<br>**2021**|
||**Income Total**<br>**683**<br>**751**<br>**450**|
||**Expenditure Total**<br>**(899)**<br>**(838)**<br>**(358)**|
||**Movement in Year**<br>**(216)**<br>**(87)**<br>**92**<br>**Opening balance**<br>**(75)**<br>**12**<br>**(110)**<br>**Transfers**<br>**125**<br>**0**<br>**30**<br>**Closing balance**<br>**(166)**<br>**(75)**<br>**12**|
||**Richard Buckey Fund**<br>**2023**<br>**2022**<br>**2021**|
||**Opening balance**<br>**2,901**<br>**2,901**<br>**2,901**<br>**Closing balance**<br>**2,901**<br>**2,901**<br>**2,901**|
|||
|**Restricted Funds TOTAL**|**33,433**<br>**17,634**<br>**27,222**|
|||
|**TOTAL FUNDS**|**378,841**<br>**281,824**<br>**147,561**|



Page 4 of 4 



## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SHEFFIELD ST MATTHEW** 

## **INDEPENDENT EXAMINERS REPORT FOR THE YEAR ENDED 31 DECEMBER 2023** 

## **Independent Examiner's Report to the Trustees of the Parochial Church Council of the Ecclesiastical Parish of Sheffield St Matthew** 

Under the provisions of the Charities Act 2011 (the Act), I report on the financial statements of the Parochial Church Council of the Parochial Church Council of the 

Ecclesiastical Parish of Sheffield St Matthew year ended 31 December 2023. 

## **The respective responsibilities of the Trustees and Independent Examiner:** 

As the Charity's Trustees you are responsible for the preparation of the Financial Statements; you consider that the audit requirements as detailed in Section 144(2) of the Act do not apply. It is my responsibility to state, on the basis of the procedures specified in the General Directions given by the Charity Commissioners under Section 145(5)(b) of the Act, whether particular matters have come to my attention. 

## **Basis of the Independent Examiner's Report:** 

My examination was carried out under Section 145 of the Act in accordance with the General Directions given by Section 145(5)(b) of the Act. An examination includes a review of the accounting records maintained by the Charity and a comparison of the Financial Statements presented with those records. It also includes consideration of any unusual items or disclosures included in the Financial Statements and seeking explanation from the Trustees concerning any such matters. The procedures undertaken do not provide all of the evidence that would be required under an audit, and consequently I do not express an opinion on the truth and fairness of the Financial Statements. 

## Independent Examiner's Statement: 

In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that, in any respect, the requirements: 

a) To keep accounting records, in accordance with Section 130 of the Act; and 

- b) To prepare Financial Statements which accord with the accounting records and to comply with the accounting requirements of the Charities Act 2011 

have not been met, or to which, in my opinion, the attention of the Trustees or of the Members of the Society should be drawn to enable a proper understanding of the Financial Statements to be reached. 

Signed 


Date 28.03.2024 

Name of Principal: Michelle Griffiths Name of Firm: Kingfisher Accountants Limited Professional Qualification: MAAT AATQB Address: A2 Patrick Tobin Business Park Bolton Road Wath upon Dearne Rotherham S63 7LL 




28[th] March 2024 

St Matthews Church PCC Sheffield 

Dear Sirs 

## **Re: Limited Assurance Engagement for the year ended 31 December 2023** 

This letter confirms that an independent review of the accounting records maintained by St Matthews Church and a comparison of the Financial Statements presented with those records has been undertaken.  It also includes consideration of any unusual items or disclosures in the Financial Statements, seeking any explanation of such matters along with the accompanying notes and information provided. 

The procedures undertaken do not provide all of the evidence that would be required under an audit, and consequently I do not express an opinion on the truth and fairness of the Financial Statements. 

In connection with my examination, no issues have come to my attention and therefore conclude that the accounting records and therefore Financial Statements have been prepared in accordance with the requirements of St Matthews Church. 

Yours faithfully 


Michelle Griffiths MAAT AATQB 

Director 

_**Kingfisher Accountants Ltd,**_ 

_**C/O A2 Patrick Tobin Business Park, Bolton Road, Wath upon Dearne, S63 7LL**_ 

_**Tel: 07913 075208 Company Number: 8099764**_ 

_**www.kingfisheraccountants.co.uk**_