CHARITY COMMISSION FOR ENGIAND AND WALES Trustees, Annual Report for the period th From 20 June 2022 Period end date Perlod start date To 31" December 2022 Charity name: St Olaf s Wasdale Head Parish Church Management Committee Charity registration number: 1199377 Objectives and Actlvlties SORP ¥elwqK• Summary of the purposes of the chanty as set out in its goveming document P•ra 1 17 For the benefit of the public in the restoration, preserrfation, repair, maintenance and improvement of St Olaf s Church Wasdale Head Tree surgery on the yew trees in the churchyard to Improve the access and safety for visitors. Initial consultation$ wlth the church archltect regarding 4 restoration project to improve the structure and Comfort of the church for useb worshi rs and visitor5. The trustees confimi that they have had regard to the guidance issued by the Charity Commission on public benefit. Summary of the main activities in relalion to those purposes for the public benefit. in partscular, the activities, projects or seThices identified in the accounts. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit P•r• 1 17•ntt P•rn 1.18 Addltlonal Inforniatlon (optlonal) You ma choose to include further ststements where relevant aboui.. SORP retwerK• P•rnl39 Policy on grant making P•rn 1.38 Policy on soaal investment including program related investment Para 1 38 Contribution made by volunteers Other Achievements and Performance SQRP refwe church had about 30,000 visitor5 in 2022 from many areas of the UK and around the world. Many moTr visited the churchyard. Improvements have been made to the access with the work on the yew trees, and signage ha5 been inslalled. The ChU￿h is open every day and | church services are held on a rngular basis. Summary ofthe main achievements of the thanty, identifying the difference the charily s work has made to the Circumstanc￿ of its b8neficianes and any wider benefits to society as whole. P•rn 1.20 Additional inforniation loplional) You ma choose to include further statements where relevant about.. Achievements against objectives set P•rn141 Perfomance of fundraising activilies against objeclives set Investrnent pèrformar against objectsves P•T) 1 41 Other Financial Review Review of the charity's financial position at the end of the period Parn 1.21 The charities financial position shows an ex¢es$ of receipts over payments. This is a good result considering the extraordinary expenses incurred for the investigations into a major restoration ro ect. Reserves are held in a CCLA Church of England Investment Fund to ensure that the church has resilience to meet future needs. Statement explaining the policy for holding reserves stating vthy they are held Parn 1.22 Amount of reseNes held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the chanty continuing as a going concem Parn122 P•rn 1.22 Para 1 24 Para 1 23 Additional inforniation (optional) You ma ct￿OSe to include further ststements V4here re￿vant aLK)Lrt'. The charity's Principal sources of funds (including any fundraising) P•rn 1.47 Investment policy and objectives including any social investrnenl policy adopted Parn 1.46 A description of Ihe principal risks facing the charity P•r• 148 Other Structure, Governance and Management Description of charity's trusts.. Type of goveming document PaR 1.25 Trust deed H¢)w is the charity constrtuted? Parnl.X cio Trustee selection methods including details of any constitutional provisions e.g. election lo post or name of any person or body entitled to appoint one or more trustees P•rn 1.25 Trustees are appointed for a temi of three years by a resolution passed at a properfy convened meeting of the charity trustees. Additional infomiation (optional) You ma Choose to indude fijrther ststements where relevant about.. Policies and procedures adopted for the induction and training of trustees P¥4 l.S1 The chanty's organisational strudure and any wider network with which the Charity w￿rkS P•r• l.S1 Relationship with any related partses P•rntS1 Other Reference and Administrative detsils Charity name St Olaf s waSda￿ Head Parish Church Management Committee Wasdale Hfrad PCMC 1199377 28 ￿1tecroft Gosforth Seascale CA20 1AY Other name thè ¢ha usès Re istered chari number Charity's principal address Names of the charity trustaes who manage the charity Oata att￿1 If not for whole ear Trustee nary Office Ilf anyl Name of person {or l)odyl entitled toa int trustee if an Geoffrey Hugh Foulerton Jill Rosalind Amey Carolyn Foularton Keith Amey Joanne Balmer Timothy Dennis Brooks Chair Secretary Treasurer 12" October 2022 Michael Andrew Lopez Angela Jean McGill Heather Naylor Lopez 10 12 13 14 15 16 17 18 19 20 Co orate trustees - names of the directors at the date the Dlr•clor nam• rtwasa roved Name of trustees holding titie to property belongirKJ to the tharity Tru•￿ name Date• actwj il not for whole Funds held as custodian trustees on behalf of others Descnptson of the assets held in this capacity Name and objects of the chanty on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the tharity's own assets Additional Infomiation (optlonal) Names and addresses of advisern {Oplional inforniationl Type of Name Address adviser Name of chief executlve or names of senior staff members (Optional infomiation) Exemptions from disclosure Reason for nm-disclosure of ke ersonnel details Other o tional information Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity'5 trustees Signature(sl Full name{s} Position leg Secretary, Chair, etcl Carolyn Foulerton Treasurer . Geoffrey Hugh Foulerton Chair Date 15th February 2023 ## St Olaf's Wasdale Head Parish Church Management Commitee Registered Charity 1199377 Financial Statements for the year ended 31st December 2022 |Receipts and Payments Account
Note
Receipts
Voluntary giving
Collectons at services
All other giving/voluntary receipts
Gif Aid recovered (via Carlisle Diocese)
TOTAL VOLUNTARY RECEIPTS
Other receipts
Actvites for generatng funds
1
Investment Income
2
Transfer from Bible Account
Weddings and funerals
TOTAL RECEIPTS
Payments
Church Activities:
Parish pledge
Ministry costs
Church running expenses
3
Quinquenniel costs
Mission giving and donatons
4
Cost of generatng funds
TOTAL GENERAL PAYMENTS
Extraordinary items
Restoraton project fees
5
TOTAL PAYMENTS
Excess of receipts over payments
Cash at bank and in hand at 1 Jan
Cash at bank and in hand at 31 Dec
Statement of Assets and Liabilites
Cash Funds
Bank Current Account
Bank Deposit Account
CCLA Deposit Account
Contactless receipts c/fwd
Cash not banked
Investment Assets
CCLA Investment Fund
TOTAL ASSETS AND LIABILITIES|Total
2022
£
410
9684
48
10143
690
356
1081
1693
13962
1200
360
3027
1625
207
6419
6045
12464
1498
20027
21525
2022
2021
4005
158
35
6
6225
15300
21525|Total
2021
£
516
4822
261| |---|---|---| |||5598
922
47
1755| |||8322| |||1000
360
3553
1650
2| |||6565| |||6565| |||1757
18270| |||20027| |||2021
2070
2500
7956
2| |||12527
7500| |||| |||20027| ## Further analysis of receipts and payments |||| |---|---|---| |Further analysis of receipts and payments
Receipts:
1. Actvites for generatng funds
Magazine sales
Sale of wood
New hymn books sponsorship
Brass memorial plaques
2. Investment Income
Bank and CCLA Deposit Fund Interest
Dividends on CCLA Investment Fund
Payments:
3. Church running expenses
Fees to Diocese
Organ tuning
Costs of services
Exhibitons
Printng and statonery
Church building running costs
Churchyard tree surgery & mower fuel
Parish magazine
Church repairs and maintenance
4. Mission giving and donatons
Wasdale Mountain Rescue
Christan Aid
Foodbank
Crosslinks
5. Restoraton project fees
Architect
Survey|2022
£
40
150
500
690
7
349
356
404
94
190
538
161
720
498
70
352
3027
1000
100
275
250
1625
4005
2040
6045|2021
£
40
232
650| |||922| |||47
0| |||47| |||717
110
391
18
551
980
70
715| |||3553| |||1400
250| |||1650| ||||