Charity reglstration number 1199630 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM LEGALAND ADMINISTRATIVE INFORMATION i¢ar Rev'd Nid( Wells (Chair of PCCI Mi55aon Enabl Revd Emma Swarbrick Church Wardens Mrs D8bofah Edwards MFS Susan Ptolfftan Deputy Church Wardens Ms Tabitha RiJ8y (frorn May 20231 MrsAndrea finker lfrom May 20231 Charity number 1199630 Deanery Synod Rep$ Mrs Deborah Edwards IPCC Secretary) Mrs RathEI Higglnlx)tham Mrs Wendy Riley {PCC Treasurer) Mrs Elizabeth Willis (Lay Chalr of PCC from May 20231 Mrs J8cqul Bri8o)e (from May 20231 LLM Represtntatlve Treasurer Mrs Wendy Riley Safeguardlng Officer Mrs Atigela Lee (to May 20231 Mrs Linda Hyland (from May 20231 Prfncipal address The Parish Officè Church Road Lylh8m L#ncashir& FY8 SQL Elected members Mr lain Ashcroft Ms Harels {from May 2023} Mr Paul Olive (from May 20231 MrsAlex Walrnsley Ifrom May 20231 Ms Karleen WilkTnson Mrs Kay Plop￿[ Ilo May 20231 Mrs Linda Hyknd {lo May 20231 Mrs Rachel Leap8r (to M8y 20231 s Claire Rowlings (to May 20231 Mrs Julie Smith 5tandlr7g Commltle& ofthe PCC Vicar (Chairl, Mlsslon Enabler. ChunhwardBll5, Lay Chair, PCC Secretary. PCC TreasuTrT Lytham C of E Prlmary School Head Tgacher5 Nomlnation Mrs Mi¢hdle O'Nelll THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM LEGAL AND ADMINISTRATtVE INFORMATION Independeht oxamlner Champlon Accountènt8 LLP Untt 2 Otympi¢ Court Whilehi115 8u8iness Park Blackpool Lat￿2￿bE[P FY4 5GU Bank8rs CAF Bank Berclays Bank HS8C Ba*k SanlandÈr Bank Qulnquannial Archil8cl Steph8n Flsh (for St Cuthbert) 216 Sl Georges Road Bolton BL12PH P8uI R Noblett (For Sl John) 5 Slallon Road Lylham Lytham Church (X England School Ivoluntary Controlledl Head Teacher- MrsAmanda Wooldrldge Lytham C tsf E Primary School Park View Road Lyth8m FY8 4HA Lègal Advl8ors The Dlocesan Reglstrar Clayton House Walker Office P8rk Blackbum 881 2QE THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM CONTENTS Page Trustees, report Inde￿ndent examinerfs report Stateffient of financial a¢ttvities B8lanc8 sheet Not88 to th8 finBncial statements 10-20 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Th¢ trustees wesent their annual report and ffinancial statements foF the year &nded 31 De¢ember 2023. The financial statements have been wep8red in ac￿>rdance wllh th8 8¢counting poli¢ies set out in rn￿e 1 to the financial statement5 and ¢ornply with the ¢hatbtys g0￿mIng document, the Charth8s Act 2011 and"Accountiry and Reporting by Charilies= Statemenl of Recommendod Practice appIl￿ble to charilles prepaTrn9 their accounts i accordance wilh the Flnancial R8POrting Standard appliGable In th8 UK and RÈpubli¢ of Ireland IFRS 1021. (effective 1 Ja5Juary 20191. Obl*ctive$ and actlvities The general fuJ)ctions of the PCC af& Stated withln Se¢lk)n 2 of the Parochlal Church coun￿16 IPowersl Measure 1956. ThÈ JC Lytham Misslon St3tement i8 ujrrentty Ywo Homes, One Farnilf. When planning our ackn'vities for the year, the PCC gave considerati(m to the Charity Comtnt5sion's guidanco o publi¢ benefic and in partlcular. thè specific guidarKe to charities concemed wth th8 advGincement of ¥eligion. AchÉavements a￿1 perfomiance We particularly ￿lebrate the way our kn ¢hurches h£v8 in¢reasingly come together as one ￿rISh _ Two Homes. Onè Farnily. The best ex8rnple is that our joint Parish Communion, whe*7 btrth churhes worshlp together. Is now OLfUTring every month 81 the r8quest of metnbeTr of thB cong￿gat￿n. We arg 8150 plea¥ed to say that the PCC ncreasingly considers the whole parish too. wth ￿55 emphasi8 Dn the chU￿h a rnember nDrmalSy attends. Our slatlStics for attendanc8 ore Still ¢hall8nging and it is now c19ar that a nUt￿b&r of our pre-covid con9regatiotTr members a￿ nol gdng to retum lor a variety of reastsns. Our Chtjich finance8 Stlll gsve couse for ￿ncern with a prq8Lted cash deficit for 2024 of 50me £30.00ts whlch creatss problems for u5 ITh meedng our Paiish Shar8 obligabons. In order to hopefully alleviate these finall￿al pr85sures we introduc8d The Parish Giving Schem6 and ran a Glving Campaign In the summèr. The r&sponstr has been disappDlnling and cause far som8 ¢onc8m. that having been said w8 do appr8¢iate and recognis& the ggnerosity of many of our congregation. We mn a Coffeo Morniry at each church every rnonlh which &ncour8ges people to m8el together, welcomes passers-by 8nd of course rais8$ ftsnds. We are grateful to those who put timg and effort into this aspect of otsr n)ini$try. We seek to offer a warm and Irlendly welcome to anyone who vists oui ch￿rcheS for whatevar reason and visitor8 seem to appreciate this. Ouring the year we ran courses and re-sstablished 8 home study Idiscipleshipl group. led by Jacqui Brtscoe, on6 of our LLMS. TheAlpha course hav9 seen one person come a new lo faith ond $8V8Fal reconn8Qt with God. Through the autumn the discipl&ship group followed a course called 'Shinlng Litte Slars, whlch encouraged p8ople to think about the impact their faith has on people and Éhe worfd around them. Our Sunday School based at St Culhbert, aroTrgsd to meet twlce a month and Ihls hes had B mlxed receptN)n. Our efforts lo conn8¢t wlth parents of the childrgn through the Parenting for F81th course dld not g8in any tradlon. We are gratefijl to our Sunday Sthool leaders for thelr dedlcation and pleased that Ihere is also 51trtport offered lo ¢hlldr8n who attend St John. We continue to have a strong and h8allhy relat￿nshIp with Lytham CofE Primary SchcK)l. The clergy lea($ Collective Wutship eath week and go into assist te8chlng aspects of th8 Chrisban faith regularty. We have also started 8 Worshlp in Wellleg alter school dub whli* ha8 Proved popular wlth 27 ¢hildren getting rnvofved. In Oecemb8r we ran 'Chrislmas Through the Keyho16', a presentation telllng the story of the first Christmas by vising th8 homes of those Invo￿¢￿ in the natlmty. 6 dass8s from local prlmary schcM)l eatne along and the response was brilli8nL THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEPABER 2023 A new Pastoral Mlnlstry Team wag trap)ed and started dur*ng the year. Curenoy there a￿ four members atKI betW￿n them they are in touch wilh around Iwenty people on B r8gular basis. We additionally offer Horne Comrnunion which is also taken by a small t8am to eight pari8honers. The Vi¢ar also ¢ebbr8tes Communion ach month FDsbrLK)k House wh8n a m8mber of the Pastoral Ministy Tgam also attends to off6r $Ltpport as apprDpriate. The Chur¢h Hall at St CuthbBrt is used by fhe par￿h for the Bertle Bear Club, nJn by the Mother's UniDn. A numbèr of other organisalons also rent Ihr# hall 8s well 8$ indIwdu￿ bookings for parties 5ifTtilar. A Daily Prayer em8il 15 c(rculat8d trj the Electoral R￿1 gvery mornlng with prayets for lh8 pad5h, the communlty 8nd the w￿￿d, it Is proving a poptslar way of the pa¢¢sh poying together eBch day. In the autumn we re5ntroduced Evening Pr8y8r each month and t￿"$ is attracllve a Tegular CE)ngregation including people to able to 8tt8nd on a Sunc1ay morning. thin the tovm we have wer8 With invoWd In ihe r8freshed turning on of the ChTistrnas Lights, taking part in the procession and being Invbted to give a Blesdng. We continue lo support and tske part in Club Day snd the Cwic Ceremony on RemBrnbrance Sund8y and h¢Jsl an annual RNLI s8rvI￿ marfung ihe anniversary of the M8XI¢O D1s8Ster. The numbers for our Ocr2slon81 Offic8s for the year were 33 Bapfjsms, 7 Weddlngs awKJ 44 Funerals. Our usu81 Sunday attelldanco across the parish was around 106 people, with over 1000 people worshipping with us ov8r Ihe Christmas season. In O¢tobBr the PCC and LLM5 sp&nl a day togother at Whalley Abbey under the guidan{￿ of Revd Fleur Green. The time together gavo us an oppckrtunity to reflect on OUT Strengths and w8akne5ses. From thtr d8y we have ¢re8tsd a plan to grow tsur ministry in the short, m8dium and long tem. This is set out In the alms for 2024 sel out on page 4. Ovef all il has been a year with PosiUv8s and negatives. but running through it L8 a sensg 01 achi8v8ment and silivtty whilst recognislng thère are still big Ehallenges lo bè addressed. We continue to believe the goodn@ss of god and have COn￿E￿Oe In HIS future provlsion for His church in Ly*haFll. Staff at JC Lytham Honorary Assistant C16rgy Revd Hden Houston Lo¢alty Licensetj Mlnisters MS Joanne Hutchlnson rs AThJEk Lee Mr Davld Matthews Mrs 8$v Wetls Mrs Nicota Whiteh8ad Mrs Nona Newl)oPd MT David Taylor Ms Joanne Hutchinson Mrs Julre Webb Mrs Elizabeth Willis Mr Clive Bames Mrs Kay Hopper & MT5 Andrea Tlnker M5 Diana Harrls covered by the Churchwardens covered by tt)8 ChurCh￿rdenS Mrs Linda H￿and Mr Peter Jebson & Canon Georgè Moore Mrs Bev Wells and Ms Tatxtha Riloy MTS Margaret Fisher Mrs Elvzabèth Wi1115 Parish CO￿ordinat0r Groundsman VL%ion Champlons Head Servèr at St Cuthbert GiftAid Secretary Elecloral Roll Offi¢er H&alth and s8fetyAdvL￿r GDPR Officer Safeguarding Officer Org8nists Webslt8 and E-media ￿-ordInabr5 Mothers Union Leader Craft Group L8ader THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEIWBER 2023 FltswerAnzngers Sunday School Leadef Bell Towers Captaln Fairtrade c￿rdinator Uriiformed Leaders Group Scout Leadgi Sea Scouts Cubs Beaver8 Guldes to 25th January Brownie Rainbows Hall Booklngs Mrs Dawn BarHes & Mrs Hilda Swindlehurst Mrs JUK8 Smith Mr Sld Lloyd Mrs Julkq W¢bb Mr Graham Isoe Mr Steven BeaFdsworth not curr8ndy meelTrng in the parish Ms Sarah Johnso Mrs Sus8n Holman & Mrs Wendy Flley Mr8 Muri&l Ward Mrs Murfel Ward, Mrs Susan Holman & Mrs Wèndy Riley through tha Parish Office Financial revlew There is a net surpkns for the yeor of £102,866 wh￿h has arison due to the retnoval of the reserye for unpaid Parish Sharo for th8 y(*ar of £214.477 on the advice of the Dtocesè. UnrÈslricted funds amo￿nted to £IY9 572 bul this ari505 solely due to the PBrf8h Share adjusttnenl. The balance on restricted funds was £63,654 and endowmenl funds were £42,809. The IrustÉ8s have a reasonable expectation that the charity has adeqtsate rssouTC88 to continu8 In operational ex(stenco for lh6 forpsee8ble futjre, a55Utnlng contlnued support by thè Dioces8 In their assessment of Parish Share as a voluntary donation. It is th8 polw of Ihe ch8rity that unrostricted funds whlch have not b8en designated for a specific LF5e should be maintslned St a level 8qulvalent to be￿e8￿ thrue and six month's expendlturo. The trwt883 Wn5id8r that resorves at th1s level will Énsure that, in the ev8nl of a slgnificant drop IR fundlng, they will be able to continug the charit¢s currgnt activities kvhlle consideration Is glven to ways In whlch a(Iditional funds may be raised. This ￿Ve1 of resgrvgs has been maintalned dLtring thls year. The PCC carried out rlsk assessments throughout the year la identlfy any major risks, Flnanc18I Rlsk Investments held by the PCC are rewewed in accordance wlth D￿￿San guidelines. Thg PCC approves Intèmal controls for annual g¢counts and cheque handling. Compllance wlth Law and Regulatlon The PCC is iftfomied of ri%ks and the86 8F8 d&aFt with as appropriale. Proc8dure5 lor reportlng accldents are In plate. The f￿8 exlinguishers and securty atarm aFe checked regutarfy kn compliance wlh our H&S poll¢y and procedures. A risk management 8uiv&ywas Garrled O￿t by insurers and aetod upon. 5afeguardln9 The Church has adopted the Bla¢kbutn Di0￿$&n 'Protectlon for All. Pollcy on Safegu8rding Chlldren & Vtsln8rable Adults. JC Lytham compli88 Wlth DBS reqLsiremonts when r8cruiting wol￿nIeerS and staff. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Plans forfvlure periotls OurAlms for 2024 OurAitns for 2024 art in line wsth the Blackburn Diocesan Vislon plus w8 will be 6stsblishing three subcommittees Df the PCC to concentrate on Finance, So¢ial Events and Buildings. Making DISC]F￿88 Strengthen Ilnks with parents ol children bofh al Lytham CofE Primary School and our Sunday School,. Develop a prayer team for Sund8y worship. lnc1L￿ing Ihe o(fer of praygrs for healing., Provide Èmpk opportsjnilies for B{b￿ StwJy- Further development of Pastoral Ministry Team itKluding exploring Anna Cha￿aIney.. Consider ￿e￿lOPing a broader range o15etViC8 and WOFShip opportunittes. Belng Witness65 Investigate newways of ¥Tiarke16ng th8 parish to the wider community., Undèrtake a consultation ol n88d in Ihe pari5h,' Providè opportunilles to Tneet together socially and to which non churd) goers coul(J be invlted. Growng Leaders Putslish a tnnrise version of th8 PCC mlnutes to demystrfy the work of the PCC.. Eficouraug new leaders 3rKI volunteers., Make u88 of d1￿c$an restsurce8 10 grow leade￿ through P8rEsh VEs4on 8nd Leadlng Your Church Into Growth. Inspiring Chlldr&n and Young People Extcnd comections hplween the school and the church-, Explore applylng fordiocesmn funding for a parlsh youth WDrkei'. Oevelop all agelinlegrdtion woi8hip', Incr88s8 IhE Sunday Sthod team in ord8r lo offor Sunday School on a w88kly basis. OLFf parish btslldings Draw up pl8llS to Introduce a tOl￿t and improve the kitchen at st John., Explor8 repositioning tho font at both ¢hurches'. Retnove the screèn at the east end of the St Aldan's Chapel and look to open up the Choir and clergy vestries at Sl Cuthbert. Structuroj gov8rnanco and man4B8ment Th8 Parothial Church Council of the Ewlesiastical Parish of St John the Dlvlne and St Cuthbert. Lytham is & charity reg￿t81ed wth th8 Charity Commlsslon for England and Wales. St John the Church Is lorAt8d on East Beach, Lytham and St Cuthbert's Chur¢h is located on Church Road, Lylham. The parlsh Is part of the Deanery of rkham, in the Diocese of Blackbltrn and tis official corresponden¢e a¢Jdress is.. ThB P8rish Offics Church Road Lytharn Lancashi FY8 SQL WebStle.'httpr￿iYthaM.d}UfCh St John Divin8 and St CLFthbert, LyEham PCC is a body corporate and operate5 uDd8r the Paroohial Church Coundls IPowor81 Measure 1956 and the Chureh Represenlatlon Rules. PCC members are appointed as set out in the Church R8presentation Rvles. All Church rnembers aro ericouraged to regtslgr on the E￿ctoral Roll and sland for èleclion to the PCC. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM TRUSTEES. REPORT (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees who serY8d dtsring the year and up lo the date of signature Of the financial statements were.. L C Hyland K Hopper Susan Holman W Riloy C S Rowlings E J Willis D J Edwards C IAshcroft K O'Neill R Leaper J Smllh R C Hlgginbolham Reverend NAWells (Appolnted 12 July 20231 PCC mernbets receNe trairung as and when approprlat8, indudlng roles and r8sportrsibllities. safeguardiTrg. financ￿1 and fabdc. The Wcar and Mlsskjn Enabler are Ilcensed by th8 Bishop of Slackbum and ex-okn memb8rs ofthè PCC. The 818ckbum DIoc88an Board of Flnance acted as Gustodian Trustee for the in21Fenable prop8rty of the chuich. D8y to day man8gtrm8nt oftt)e Church Is exerclsed by the Vicar and Wardens. Related Trusts Lytham Church of England Scl)ool The Virar is an ex-offi¢lo Foundation Governor ol tho school. four further people ar8 81ecied by thè PCC from the Church M8mbership a5 school Foundaiion Govemors. LyVFam Ecumenical P6rtnersh Thp Churches in Lytham have a long est8blish8d partnership to whlch the parish Is 8 fully committed partner. The Vicar, Mlssion Enabler and ¢huich members elected by the PCC, servo on the LEP Counrll. and in 2023 th&y w8r8 lan Bilnlè 8nd Bev Wells lo September and then Alox Walmsley and James Walmsjey. L.Mham Schools Foundalion The Vicar15 the nominated repre￿ntat￿8 from JC Lytham on the Foundats"OTt. Lylham Club Day Committee JC Lytham rlominates two peopl8 to thè Committee. Tho ￿r18nt repTesentative 15 Julle Smith with the s8cond sx)sition vacant. Th8 tru51e8s' rsport was approv8d by the Board ofTrustees. Reve￿nd Trustee THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYfHAM INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYfHAM I report tts the twustees on my &xamlnation of the financial st8ternents of The Parochial Church Council of the Ecclesiastical Parish of St Joh¥E the D4vine & Sl Cuthbgrt Lytham (the charity) for the yeAr end@d 31 DeTrmber 2023. Re$ponslbllltles and bas15 of report As the trustees of the charily you aFe responsible for the ￿paratiOn of the firkarrial stalen7ents In aeLordan¢e with tho wquirements of the Chaiities Arj 2011 Ilhe 2011 Acll. I r8ty)rt in respect of my examlnation of th8 ch8rtty's flnanci8151atements carThed otjt under Sectksn 145 of the 2011 Acl. In Carrying out my exAmination I h8ve followed all Ihe applicable Dlrectlons given by the Charity Commls5k)n under sectlon 14515llbl of the 2011 Act. Independent examiner's statèment Youf attention 15 drawn to the fact that the charity ha8 prepared financiAI statements in accordar￿ wlth Accounting snd Rèporting by Charitles pr8paring their 8ceounls in accorijance with Ihe Finanordl Reportiw Standard app11¢3ble in tho UK arKJ Republ￿ of Ireland IFRS 1021 in pr8fereFtC8 to thèAccounting and Reporting by Charft18s.' Statement of Recommended Practlco Issued on 1 April 2005 whlch Is referred lo in ts extant regulations but has now beer? thdrawn. l under5tsnd that this hag been done in ordgr for Ilnan¢ial ststem80ts to provide a true ancl fair view In actordanc th GenerallyAc￿pIed Actounting Pradice effèctlve for reporting peThocls beglnTrlng on or after 1 January 2015. I have ci>mpleted my 6xamlnation. I confirni that no matters have come to my 8tlention In connection with th8 exatTynalion giving me cause to believe that In any material Tespect.. accounting records were not kept in respe¢l of the tharily as reqoired by section 130 Df the 2011 Ac(. or the finana815tat&mènts do not accord with Umise ￿cOrds., or tho flnanclal Statements do not Lx)rnply wlth the applT¢cible requiremonls Concern￿g the form and content Df accoutrts sel out in the ChaTibes (Awounls arxj Reports) Regulations 2008 other than any ￿qUireMent thet the accounts glvg a tru8 and faIrv￿W whlch is not a matter considered as part Df an indepèndanl examlnation. I have no con￿M8 and have come across no other matltrrs in contEectlon with V)8 ex&mlnation to which attention should b8 drawn In thls F¢POrt In order to enabte a propgr understanding of th¢ ffnancl81 stalemenl$ to be reached. CN CLIV LO n trIcLL¥JO rft*i Moore ith Champlon Havéorth Moorn Llmlt•d Unlt 2 Olympic Court Whitèhills Busln8ss Park BLqckpool LAncashir8 FY4 5GU ao, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Curyent financlal year UnrestFlctÈd funds 2023 Rastrfcted Endowm•nt funds 2023 Total Total 2023 2023 2022 f4otos InGome frorn: Donatlons and legacies ChaFitable activities other trading &dvit19S Investments 77,678 48,731 154 7,111 77.678 48,731 154 8.782 298,256 24,400 520 3,952 1,671 Total Income and endowments 133,674 1,671 135.345 327,128 Charit5ble activities 39,645 1.289 40,934 123.759 Not incomg 94,029 382 94.411 203.369 other rgcognlsed 9alns and losse5'. Revaluation of tangib19 fixed a&%ets 8,255 8,255 N*t movement in funds 102,284 382 102,666 203.369 Reconcillatitsn of funds.. Fund b81ant•s at 1 January 2023 97,288 63,272 42,809 203,369 Fund balances at 310ecember 2023 199.572 63,854 42,809 306,035 203.369 Th8 slatem8nt of fln8nci818dvrftes includes 911 uains and losses recognk88d In tho y8ar. Ml incomg and expattdlture derwe from conlinutEkg a¢tivitt8S. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Prlor financial poriod Unrestrlcted fund$ 2022 Restricted Endowmènt fLtnds funds 2022 2022 Total Notes 2022 Intome from: Donations and legaclgs Charitable aclivities Other trading 8dlvMe8 Investments 192.594 24.400 520 3,373 .853 42,809 298.256 24,400 520 3,￿2 579 Total IrKome and eadowments 220,887 63,432 42,809 327,128 Charstgble actlvi*i&s 123,599 160 123,759 Net IEFcome and movem•nt In fund 97.288 63.272 42.B09 203.389 Roconciliation of funds.. Fund balances at 12 July 2022 Fund balances at 31 D•cembor 2022 97.288 63,272 42,809 203.389 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM BALANCE SHEET AS AT 31 DECEAIBER 2023 2023 2022 Notes FJx¢d assets Tanglble assets 12 11,192 13,688 Currènt assets Debtors Cash al bank Énd In h8nd 13 2Yg,616 23,265 321,118 50 302.881 C￿ditorS.. amounts falling du• within one yèar 321,168 14 8,038 131,467 Nel current assets 294,843 189,701 Total assets less current Ilablllll•s 306.035 203,369 Th8 funds of tha charity Endowment lunds Rastri¢ted in(x)me funds URrestrioted funds 15 18 42,809 63,654 199,572 42,809 63,272 97.288 306,035 203,369 The financial 5t8t8menls were approv8d by the trustees on 2£?. Trustee THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng pollcles Charfty informatlon Th8 Parochial Churth Cound of th8 Ec¢l95iastical P8rÉsh of St John thB Divine & St Cuthb8rt Lythatn is a body corporate and opeTates under the Parochi81 Church Coundls (Powetsl Measure 1956 and Iho Church Representalion Rules. 1.1 Reporting period The acwunts are presented lor the period from 12 July 2022. the date of reg15tration, to 31 D9￿mber 2022. Is the date reqUI￿d by the Dlocese. 1.2 kcounting ¢onv8ntton The ftnancial stateménts have b6én prepar8d in aCCordar￿e Mryth the chafitys goveNng d¢?￿m6nt, the CharltiesAct 2011. FRS 102 °The Flnancial Reporting Standard cippllcable In the UK and RÈpLtblic of Irelanfl" I'FRS 102.1 and thè Chariti85 SORP 'Accounting and Reporting by Charitl8s'. Statement of R8￿MMended Practic8 ap￿Icable to charfts.es preparing their accounts in accordnc8 been withdTawr>. The f*nanrAal stat8menls ar& prepar8d In siorfing, which Is the fur>rlional currency of th9 charity. Monetary amounts in kne88 ffnanGial stalements are rounded to the n8ar8sI £. The finanGlal slatomenls have been prepar8d under the hi5ttxical cost convenknn, ny)dified trj Includ8 the revaluation of certain financwl Instrum8nts at fair value. The pr*ncipal accountttEg polic￿8 adopted are set out below. 1.3 Golng Mncern At the time of approving tho financial slatemet)ts, th8 trusiees have a reasotèable expectshon that the eharity has adequate Te50urces to conbnue in oper3Uonal existence fr>r the foreseeabje future. Thus the trustees ¢ontinue to adopt the going cOn￿M bas(5 of accounting in prepari￿9 the financial staten38nts. 1A Chafltabla fund5 Unrestricted funds are avallable for U￿ at th8 discretion of the twstees In ft¥rtherdnce of thèlr ¢haritabl8 objectives. Restricted fiinds are Subject to SP8ciffc cormlitions by donors or grant￿5 as lo how tt￿Y may be ￿sed. Th8 purposes 8nd uses of the fystrictsd funds are sel out in the not9S to th& financlat stalements. Endowment funds are subject to SP8¢lflc CDndillons by donors th* the fapital rnust b8 malntalned by the charity. 1.5 Income Income is recognL5ed when thè chartty Is legally entitled to it aft8r any performanc& corKtltions have bBen Tnet. Ihe amounts c&rF be tneasured reliably, and it 15 Probab18 that Incc*ne will be rsceived. 10- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accotsntlng pollelès {Contlnu¢dl Cash donalitins are re(x)gnised on receipt. ot￿r donations are recognSsed once thÈ charity has been nofjfied of the donation. unless perfortnance conditions requsre d6f8Tral of the arnount. Income tax recoverable in Felation lo donations r8ceived under GiftAid ordeeds of covenant 18 re￿nISed at thÈ tirne of the doRatKJn. Legacies are recognised on receipt or othérwis8 rf th8 charity has been notified of 8n Imp8ndlng distrfbulion, th8 amount Is krkmi. and [￿lpl is expocle(S. If the armunt 18 not known. the 18gacy Is IrÉated as contingsnt a$5et. 1.6 Expendtture Expendltrjre is rscD3nb58d onee there is a IEg81 ￿ constwctlve obligatbn to transler economlo benefit to a third party, li Is prob&bJÉ that a transfer of economic benefits will be required In settlem&nt, and th& amount ol th6 obllgation can bÈ measured rE>liably. Expenditure 18 classified by activlty- Th9 costs of each acilvlty are made up of the total of direct co81$ and $118red costs, including stjpport tx)sts involved in undertaklng @ath activity. DireLI costs attr4bulable lo a single activity 8rÈ aJl(Kated directly ¢0 that activity- Shared costs whlch ¢ontribute to more than on8 athty aJ)d support costs whlch are not aftr*butable lo a single activity are apportioned between those adlvStle8 on 8 basis nsistent with Ihe use of resou[￿s. C8nlral staff costs a18 allo¢*8d on the basis of tirng spani, and d8preciation ch￿985 ar8 alkncatsd on the portlon of th8 assets use. 1.7 Tangible fixed assets T£ingible fixed assets ale initially mÈasLÉrod at tx)sl and 8ubsequ8nUy rn8asured at cost or valuation, nel of 8pr@r.ialion and ariy Fmpainnent losses. Depreciation Is recognised so as to write off thg cost or valuallon of assets le5S their residual valu85 over th8ir useful lives on the following bases-. Plant 8nd equipment F¢xtur8s and ffttlngs 25Y¢ on reducing balan 20% on redu￿￿ balance Th8 galn or loss arising c>n the disposal of 8n asset Is det8rrnlngd as the dlfference betwÈen the sale proc8&L1s and the carrying value of the Esset, and is fecognlsed In fhe statem&nt of finanGrdl actI￿lIeS. 1.8 Impairn?ent of flxed a￿tts At each reporl*n9 end datc. the charlly revlews the caFrylng amounts ol 515 taTrJibfe assets lo deterrnlne wh8ther the￿ is any indication that Ihose assets h8ve suffer8d an impaimpnt 1085. If any such indication exist5, the r&coverable amount of ttse assetls 8Stimaled in order lo det8miin8 the ext8nt of the imp8irmenl k)ss lif knyl. 1.9 Cash and cash 8quFvalents Cash and cash 8quiva18Dls indude eash in hand. dèposits hèld al call wlth banks. other short-term Ilquid investm8n15 With orlginal maknrftles of thre8 months or less, and bank overdrafts. Bank L)verdrafts are shown within borrowlngs in current Ilabilitses. 11 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYfHAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accountin9 poIIci#s {ContlllU8dl 1.10 Financlal instruments Th8 ¢harity ha% elect8d to apply thtr provistons of S8ction 11 'Bosic Financial Instruments, and SeCt￿n 32 'Oth8r Flnan(aal Instruments Issues, of FRS 102 to all of Its finandxl instruments. Flwtrandal instruments ar8 recognjsed In the charitys balance sheet when th8 Chacty Ixcomes party to the C￿tractUal PFQViSiffiS of the instrurnent. Finandal assets and Ilabililies are offset, with net amounts P￿Sent8rt In the financial statements. when there Is a Ivgally enforceable righl to sel off th8 rawgnlsed amounts and thETe is an Intenlton to settle on a net basis or to raalisB the asset and s8tt1e th8 liablllty slmultaneously. Baslc flnancla1&55e¢s Baslc financial a￿ets, which Indude debtors 2nd cash anil bank balances, are initially measured at transaction pryce induding Iransacticjn costs and are sybseqveEitly Carried at amortL88d cost Using the &ffÈctiva Interest mèthDd unles5 thè arr8ngetnpnl c0Tr5titutes a f5nanclng ItansacilDn. where IhÈ tr8nsaclion is measur￿1 at the present value of the future rec81pts di8¢ounted 91 a market rste of Inter8St. Financial assets 8ssified Ès re￿1vable Mrythin onè year ar8 not amortisecf. Baslc financlalllabllltlgs Basic financlal liabililres, Including ciediloT8 and btnk loans are initla51y r£cognis6d at Irans8Ctlr>n price unless thg airangetnent constitutes a financing tran88ctson. where the debt Instrument F8 Measur￿ at the pres&nl value of the future payments dls¢ounted &1 a Tnarkat rate Df interest Financial liabilities classthed as payablè within tsn8 year are not amortised. OEbl instruments are subsequentty carried Et amortlsed cost. usTng the èffec41ve interest rale melhod. TrddB creditors a￿ obligatior)s tcp pay frjr goods or servlres that have be9n acquirgd in the OTdinary course of operallons from suppliers. Amounts payable Bre classrfied as current Ilabllit￿5 if payment is du8 Wthln one yeai or less. If ni)t, they are presented as nDn.currènl liabilitie3. Tf8de creditors are pecognised inllially at tran8actron pr1￿ $nd subsequently measured at amortised cost using thè effgctive interest method. Derecognltlon of Ilnanclal Ilabllllles Financial liabilitlès are derocognissd whèn the chgrttys rAintraotual oblig8tk)ns expltg or Ère dtscharged or cancalled. 1.11 Employee b8nefits The (x)st of any unused hol*day 6ntiUement B reGugN18ed In the periLxI in which the omployee's servlc88 are recèlved. Temin8tion b8n8fftS 8Te ￿COgnised immodiately as an expense when th8 charty Is dernonstrably commilted lo terminate Ihe employm6Yat of an 8mployee or to provide tovminabon b&nefftg. 1.12 Retlr#ment benelits Payments to defined rA)ntribution rntirement bonellt schemes chargsd as an 8xpensa as they fall duè. 12 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Critical atcountlng esllmafes and judgem8n*s In the applrcaflon of thè chaTty's accounting poltC1&5. the trustees are requirBd lo make judgements, estlmates and assumptions abotst thè catry¢ng Amount ol assets and liablli118S that are not [gadl￿ apparent from other SOUTC8S. Th6 8Stlm8tes assouated a5sumptlon5 are ba58d on historical experignee and other factors that af8 CA)nsidered to be relevant. Actual iesulls may dlfferlfom these ￿l￿ales. The estimates and undeTrlying assumptiorts are reviewed on an ongoing basis. Rpvisions tc a¢counbThJ esti'm8tes are r8¢ognised the period in which the eslimate is revisad whBre the revision affects trnly thal period, or in the per￿d of the revision and fvture periods where the ￿vIsio￿ affects both current and luttwe periods. Donations and legaefes Unrestrlct8d nds UnrestrIct￿ Restrlcted Endowmènt fund$ fund funds 9enoral 2022 Total 2023 2022 21Y22 2022 Donations and grft8 L¢gaci6s receivab Grant Donatlon on parlsh mergar 75,582 2,000 43.798 10,000 3,249 135,547 812 44.410 10,000 3.249 240,S97 62.241 42,809 77.678 192,594 62.853 42,609 298.256 other Donalion on the tn8rger of the Iwo parishès, Sl John the Diving Lyth8rn, and Sl Cuthb8rts Lytharn, represents the transfer of all ass&ls and liablllties lo the n8w charty. Income from charltabla a¢tlvltiès Unrest¥lctad ilnrestrleted fLsnd$ nds 2023 2022 Charitable Income Wedding & fvneral f8eE Charitable r8ntal Tn¢ome 25.550 23,181 13,016 11,384 48,731 24,400 18- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYfHAM NOTES TO THE FINANCIAL STATEMETrrrs (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Incom• Irom other trading actlvities Unrestricted Unrestrlcted fitnds funds 2023 2022 Fundra?sing events 154 520 Income from InvBskn•ntS Unro$trf¢ted Restrlcted funds funds 2023 2023 Totsl Unfe6tr1cted R8StryctÈd funds funds 2022 2022 Total 2023 2022 Int8r8sI ree8ivable 7,111 1,671 8.782 3,373 579 3.952 14- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Exp8ndhture on charllablfi actlvitles Dlrect Dlrect Charitabte Charltablg Expendlture Expenditur• 2023 2022 Dlrect costs Slaff costs Depreclatton and ]Mpa￿Ment Council tax and water Insurance Llght & heal R8palrs & maintenance General administralbn ind st8tionery & copier Telephone Org8nl.%t costs Weddtngs & lun&r81 costs Altar rwuisites Donations Traidcraft stsll Parssh assessment Sundry expensès Cleaning Other charlt8bfe expenditurg 27.693 2,475 9.551 9,322 37,856 15.778 4.112 1,776 1.808 5.567 2.128 13.298 1,193 4,554 4,207 15,490 3.994 1,174 398 1,380 2,141 347 222 899 68.338 4.181 605 688 185.2031 3,270 825 876 38.522 122.421 Shar• of $upport and yovernaneè Costs l$èe nole 81 Govemance 2,412 1,338 40.934 123,759 Analysi$ by fur UnFestri¢led fund5 R68trided fijnds 39.645 1,289 123.599 160 40,934 123,759 Support t￿ts allocated to activlll•s 2023 2022 Govemanc& costs. accovntEncy 2,412 1,338 Analys•d b&tween'. Charttable a¢tivlties 2.412 1,338 15- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYfHAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 TTustses None of the trustees lor any person5 conn8Ct@d With th8ml recelved any ¥emuner8tion or benefits from th6 charity dur¢ng the year. 10 Employeos The aver4oB monthty number of eHploye@s durfng the year wa5.. 2023 Number 2022 Numb8r Employment costs 2023 2022 Wages and 5alarles oth9r p8nslun costs 26.886 807 13,298 27.693 13,298 Th8re w¢re no employees whose annual remuneratton wa5 more than £60,(100. 11 Taxatlon The Charity is exempt f¥om tsx81ion on its 80t￿ltieS because all Itg incom6 18 applied for ch8rit8bl8 purposes. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYfHAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 12 Tangiblè fixed asststs and Flxiurots equlpment Ilttlngk Total Cost At 1 January 2023 1.583 13,279 14,862 At 31 DeiEmber 2023 1,583 13.279 14,862 Dèpreciatlsm and impairmènt Al 1 January 2023 Depreciatlon charged in the year 198 396 996 2,080 1,194 2.476 At 31 D9c¢mber 2023 594 3,076 3,670 Carrylng amount At 31 D8¢embcr 2023 989 10.203 11,192 At 31 DÈcember 2022 1,385 12.283 13,668 13 Debtors Amounts falllng duè wFthln one year: 2023 2022 Trade debtors Other debtOTS Prepayments and accrued Incom6 14,868 263.480 1.468 20.145 299.303 1.670 279,616 321.116 Olh6r d9btors inclwles th9 balance of donalion of net assets from the merger of Iwo olh6r entlties. 14 Crodliors: amounts falllb7g due wlthln ong year 2023 2022 Other tsxalion ar￿ so(281 se¢(trity Trade creditors Accwals and deferred income 123,703 7,764 7,384 8.038 131.467 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE DIVINE & ST CUTHBERT LYTHAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 15 Endowment fvnd Endowmentfunds repr&sent assets whlch must bÈ held p8rmanently by the charity. Incornè arlsing on the end¢)wm8ntlunds can be usod in accordan¢a wsth the obigcls of th8 charity avJ is included as Un￿strICted in¢ome. Any ¢apital gains 01 Ios865 arfslng on th& assots form port of the fund. At 1 January 2023 Incomlng resource$ At31 D4comber 2023 Pemianent endoymients 42.809 42,809 Prevlou$ poriod.. At 1 January 2022 Incoming re50urcÈ8 At31 December 2022 Pemianent gndovmi&nts 42,809 42,809 18-