**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
This report is prepared in accordance with Church Accoun5ng Regula5ons 2006 and the requirements of the Chari5es Act 2011 and covers the ac5vi5es of St Stephen’s Parochial Church Council during the year ended 31 December 2023. In line with the provisions of the Chari5es Act the Parochial Church Council is now registered as a charity in England and Wales (Chari5es Registra5on No: 1200044).
## **Administra3on Details**
|Incumbent|The Reverend Canon James Hinton|
|---|---|
||48 Newton Street|
||Bradford|
||BD5 7BH|
|Bankers|HSBC plc|
||Market Street|
||Bradford|
||BD1 1LW|
||Coopera5ve Bank|
||PO Box 250|
||Skelmersdale|
||WN8 6WT|
|Independent Examiner|Simon Dennis|
|**Membership of the PCC/Trustees**||
|Incumbent|The Reverend Canon James Hinton|
|Curate|The Reverend Hannah Rai[|
|Churchwardens|Susan Ingram|
||David Thirkill|
|Deanery Synod Representa5ves|Samantha Thirkill|
|PCC Members|Sonia Bentley (un5l March 2023)|
||Ellie Clegg (un5l April 2023)|
||Sarah Higgins (un5l March 2023)|
||Sarah Hinton|
||Louise Mann|
||Hannah Owens|
||Adam Syrop (un5l March 2023)|
||Colin Wilcock (from March 2023)|
- 1 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
## **Structure, Governance and Management**
and its PCC has the responsibility of co-opera5ng with the Vicar in promo5ng the ecclesias5cal parish, the whole mission of the Church, pastoral, evangelis5c, social and ecumenical. The PCC is also responsible for the maintenance of the Church and associated Church Hall of St Stephen’s, West Bowling.
The PCC comprises:
-
- The Churchwardens, being actual communicants, whose names are on the electoral roll.
- Lay members of the general, diocesan and deanery synods whose names are on the electoral roll.
- Elected lay representa5ves.
- representa5ves.
## Appointment of lay representatives of the PCC
the APCM each year. Churchwardens are elected annually. A person qualified to be elected as a lay representa5ve must be on the electoral roll of St Stephen’s Church, be an actual communicant, be aged at least sixteen and have convinced the APCM of their willingness to serve.
## Responsibilities of the Parochial Church Council (PCC)
The PCC is responsible for preparing the Annual Report and Financial Statements in accordance with applicable law and United Kingdom Accoun5ng Standards (United Kingdom Generally Accepted Accoun5ng Prac5ce).
The law applicable to chari5es in England and Wales, which applies to the Parochial Church Council, requires the PCC to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the PCC and of the incoming resources and applica5on of resources of the PCC for that period. In preparing these financial statements the PCC is required to:
- select suitable accoun5ng policies and then apply them consistently;
- observe the methods and principles in the Chari5es SORP;
- make judgements and es5mates that are reasonable and prudent;
- state whether applicable accoun5ng standards have been followed, subject to any material departures disclosed in the financial statements; and
- presume that the church will con5nue to operate.
The PCC is responsible for keeping proper accoun5ng records that disclose with reasonable accuracy at any 5me the financial posi5on of the PCC and enable them to ensure that the financial statements comply with the Chari5es Act 2011, the Charity (Accounts Reports) Regula5ons 2008, the Church Accoun5ng Regula5ons 2006. It is also responsible for safeguarding the assets of the PCC and hence for taking reasonable steps for the preven5on and detec5on of fraud and other irregulari5es.
- 2 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
included on the PCC’s website. Legisla5on in the United Kingdom governing the prepara5on and dissemina5on of financial statements may differ from legisla5on in other jurisdic5ons.
## Risk Management
communicated at key points to enable church members to remain informed. The finances are discussed every other month by the PCC which has taken its responsibili5es seriously.
## **Objec3ves and Ac3vi3es for the Public Beneft**
## Aims of the Church
The PCC is commi[ed to enabling as many people as possible to worship at our church and to become part of our parish community at St Stephen’s. The PCC maintains an overview of worship throughout the parish and strives to assist in puhng our faith into prac5ce through prayer, scripture, music and sacrament.
When planning our ac5vi5es for the year we have considered the Commission’s guidance on public benefit and the supplementary guidance on chari5es for the advancement of religion. In par5cular, we try to enable ordinary people to prac5ce their Chris5an faith as part of our parish community through:
- Worship and prayer; learning the Gospel; and developing their knowledge of and trust in Jesus.
- Provision of pastoral care for the people living in the parish.
- Missionary and outreach work.
- To facilitate this work, it is important that we maintain the fabric of St Stephen’s church and the church hall.
## Use of Volunteers and Safeguarding
All volunteers who are involved with children, young people and vulnerable adults are subject to DBS checks in line with St Stephen’s Safeguarding Policy.
Safeguarding training is required in line with Diocesan and Church of England guidelines.
## **Achievements and Performance**
There have been a number of notable developments over the year and we give thanks to God for growth and transforma5on with the vision to see more. Some of these are:
Building Work – We con5nue to maintain and improve the fabric of our building. 2023 saw the comple5on and use of the garden room (basement) – the renova5on has made a real connec5on between the room and the gardens outside. It is really encouraging to see this space being used for well-being and healing.
- 3 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
Shine West Bowling have taken on responsibility for the maintenance of the church buildings and have improved our paved area at the entrance to the church, together with crea5ng raised beds for community gardening. Shine has been able to secure a steady stream of funding which has helped enormously in addressing the constant need for building maintenance.
Looking to 2024, two major projects lie ahead. The biggest project will be the restora5on of our West Window – major funding was received in early 2024 and contractors have been appointed.
We are also hoping to fund and build a porch to cut down on the heat loss through our entrance doors.
SEED Groups at different 5mes of the week with a fourth about to begin. All of these groups are showing themselves to be of value to those who join (either on-line or in person) and are growing in membership.
Prayer - Our focus on prayer in the life of St Stephen’s has con5nued to grow and be more central. We con5nue to offer prayer ministry during services, and have encouraged the congrega5on to pray with and for each other during services and before we worship. During the year a Prayer Community (open to all) has been established which commits to meet daily for evening prayer. This follows from what we sensed God was promp5ng in us the previous year. We have also begun 24 hours of Prayer at the start of each month. The prayer room is available for use during the week.
Sunday Worship – Our Sunday Worship Team con5nues to plan and deliver much of our worship and a more regular pa[ern of involvement by others is growing. This will include different foci as well as representa5on so, for example, a bi-annual focus on the ‘Environment’, Shine/Eden foci, Youth/SEED group led services.
Pastoral Care - The clergy have visited people at home and in hospital, and con5nued to take funerals at the crematoriums and church. Lots of prayer and pastoral care happens informally for one another within our church family, both in and out of church, and many people play a really important part in suppor5ng fellow church and community members. SEED groups have a growing role with this as Support is a key feature in their iden5ty.
Schools - We con5nue to have a lot of connec5on with our local primary schools and frequently receive visits to our church building for educa5onal purposes as well as for whole school worship. Jimmy, our Vicar, has added to his responsibili5es the new role of p/t Chaplain to St Stephen’s School. This involves suppor5ng staff (teaching and non-teaching), involvement in RE and Collec5ve Worship, suppor5ng children and families in term 5me and also during the summer vaca5on and occasional weekends.
Youth and Children’s Work - Children and young people are very much at the heart of St Stephen’s. Every week we see, hear and welcome children playing, waving, singing and contribu5ng. Two Sundays of the month this is together as one big family of God and two Sundays a month our children are supported in their age specific growth in faith by leaders who sacrificially give of their 5me and energy to invest in those young lives. There are now three groups - In Sync am (mainly secondary school age), Ignite (primary age) and Sunday Dots (pre-school age with parents).
- 4 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
In Sync, for young people, meets on Sunday evenings. This has resumed running normal sessions in person post Covid as well as ‘Holiday at Home’ in the summer.
ROCK runs on Tuesdays at St Stephen’s School, as an a_er school club for Key Stage 2, giving children the opportunity to find out about Jesus, in amongst games, songs and challenges. This is volunteer run and school make a weekly contribu5on to church for the running of this.
We are regularly involved in delivering Chris5an Collec5ve Worship and assemblies in three of our closest primary schools and receive visits from these and other schools to our church where we can share the story of Jesus and the faith of the church.
Eden Project - The Eden team has been developed to reach out to the community in the Parkside area of the Parish. The team has developed a regular pa[ern of weekly mee5ngs and ac5vi5es including Prime5me, a community leadership course for young people, this year five young people achieved silver level and three achieved gold level; Parkside Play, one-to-one discipleship with young people and partnering with Missional Genera5on and other local churches. In addi5on, the team has run a number of special ac5vi5es and events during school holidays.
In 2023, Eden launched Playbox, holding one weekly session for local youth based around a refurbished container housing games and ac5vi5es for fun play and engagement. This has been a success in building rela5onships with children and young adults.
Future plans include:
- TLG Early Intervention in St Matthew’s Primary School;
- Woodland Outreach – engaging local young people in woodland activities.
Eden has received a number of grants from funding organisations and would like to thank the following, in particular, for their support:
- Willats Trust, have provided funding for three years towards the Team Leader’s salary.
- Bradford City Challenge Foundation supported the establishment of Parkside Playbox.
- Bradford Diocesan Social Aid Fund help staff the Parkside Playbox.
- Bradford City Council Community Chest provided funds for sports equipment and games for our youth group, InSync.
## Community Activities
In addi5on to the ac5vi5es of the church in the community, the church building is used during the week by Shine West Bowling and other community groups.
Shine West Bowling has con5nued to work with many people in our community over the past year, each week seeing hundreds of all ages, cultures and faiths coming into the church for help or company. They have focused primarily on what are the biggest needs expressed in the cost of living crisis and mental health difficul5es but with other regular groups con5nuing as well.
- 5 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
Ac5vi5es include:
- Pop-up Pantry and Children’s Clothes Bank
- Counselling
- Well-being groups, including Soul Art, Gardening Club and Sing Shine
- Little Dots
- English Chat
- Help and advice around benefits, housing, etc
## Eco Church
Crea5on and the rapidly increasing threat to the world through our destruc5on of the planet.
We have con5nued our programme of changing as much church ac5vity as possible to be more sustainable. These changes are, in themselves, small, but the cumula5ve effect can alter the church use of materials, our lives, our environment inside and outside the church and have a posi5ve impact on the life of our community.
Services based around environmental issues are held regularly to help and encourage the congrega5on to be aware of how they can live a more environmentally sustainable life.
Examples of our increasing response to environmental issues include:
- our u5li5es.
- Using ‘intercepted’ food whenever we can
- Switch to recycled toilet paper
- Using recycled paper and s5cky labels for prin5ng etc
-
- Promo5ng the use of second-hand bags and containers
- Recycling as much as possible, and sourcing second-hand goods
-
- Holding services based around environmental issues
- Giving out hundreds of items of second-hand clothing in paper bags
- Using recycled materials for cra_ and art whenever possible
- Caring for the churchyard, looking to par5cularly encourage insects
- Our Eco Champions, Fraser and Sarah, have both started courses on ‘Saving Crea5on’ with the Diocese
- Addi5onally, Sarah has joined the Diocesan Environmental Group as Community Engagement Advisor
- Transi5oning our banking to the Co-opera5ve Bank which is more ethical and does not invest in fossil fuels.
- 6 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
## Church Membership
We have seen a growing number of people a[end our Sunday services and other ac5vi5es. Many of these are now becoming regulars at church and are part of our faith community.
In 2023, there were 46 church members on the Electoral roll, down from 55 in 2022, we hope that our regular a[enders not yet on the roll will be added in 2024.
## **Financial Review**
Total income for the year amounted to £145,794 (2022: £301,617) and total expenditure came to £151,854 (2022: £223,869). A_er revalua5on of investments there was an overall a deficit of £4,843 (2022: surplus of £75,978).
Most of the decrease in income and expenditure was due to less building renova5ons in the year. The two biggest areas of expenditure were the Basement Refurbishment and the Eden Project.
The unrestricted funds surplus in the year con5nues to be healthy at £7,769 (2022: £5,056).
The church uses its spare property capacity by ren5ng unused 5me to other chari5es, groups and individuals. Rising u5lity and management costs reduced the available surplus for transfer to the designated building fund for future building repairs and maintenance. However, the PCC was s5ll able to transfer a surplus of £4,921 (2022: £22,596). £23,482 (2022: £Nil) of this designated fund was used to cover a shorpall on the Basement Refurbishment.
In 2023, the PCC wished to ensure that the church was giving to chari5es and individuals outside the church. A provision was made for this giving by crea5ng a designated fund of £3,047 (2022: £Nil). In addi5on, the PCC has transferred £10,000 (2022: £10,000) to the restricted Eden Project fund.
With the appointment of a new Treasurer, the church has moved from a Receipts & Payments accoun5ng base to Accruals Accoun5ng and has moved the accoun5ng system onto a cloud-based package. This has enabled a quantum leap in financial recording, accountability, repor5ng and transparency!
## **Reserves Policy**
its planned ac5vi5es and meet its future financial obliga5ons. Based on current expenditure levels reserves of £20,000 are to be maintained. This policy is reviewed on an annual basis.
This Annual Report was approved by the members of the PCC at their mee5ng on the ____ May 2024 and signed on their behalf by:
James Hinton (Incumbent) ............................................................... Date ...................................... Colin Wilcock (Treasurer) ................................................................... Date .......................................
- 7 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
## Income and expenditure by type:
**----- Start of picture text -----**
Income by source 2023 (£145,794)
Collections
2% One Off Gifts
5%
Room Hire
32%
Regular Donations
20%
Gift Aid
Other 5%
6%
Investment Income
Grants
1%
Fees 28%
Bank
0%
Interest
1%
Expenditure 2023 (£151,854)
Minor Repairs & Insurance Activities
Maintenance 3% 10%
5% Giving to others
4%
Major Repairs &
Building Works
23% Building running
costs
18%
Office & Admin
3%
Parish Share, Salaries &
Staff expenses Building Management
1%
33%
**----- End of picture text -----**
Registered Charity Number: 1200044
- 8 -
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
## Income and Expenditure by Fund:
**----- Start of picture text -----**
Income by Fund 2023 (£145,794)
Other
Appeals 0% Building restricted
3% 2%
Basement
4%
Children & Youth General
5% 27%
Eden
18%
West Window
0%
Building Rentals
41%
**----- End of picture text -----**
**----- Start of picture text -----**
Expenditure by Fund 2023 (£151,854)
**----- End of picture text -----**
**----- Start of picture text -----**
Other
Appeals 0% General
3%
12%
Basement
15%
Children & Youth
4%
Building Running Costs
37%
Eden
27%
West Window
2%
**----- End of picture text -----**
**----- Start of picture text -----**
- 9 -
**----- End of picture text -----**
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
## **Independent examiner’s report to the Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen, Bradford (Registered Charity Number: 1200044)**
I report to the members of the Parochial Church Council of the Ecclesias5cal Parish of Bowling, St Stephen, Bradford (the trustees) on my examina5on of the accounts of the Parochial Church Council for the year ended 31 December 2023.
## **Responsibili3es and basis of report**
As the trustees, you are responsible for the prepara5on of the accounts in accordance with the requirements of the Chari5es Act 2011 (‘the Act’).
I report in respect of my examina5on of the Parochial Church Council’s accounts carried out under sec5on 145 of the 2011 Act and in carrying out my examina5on I have followed all the applicable Direc5ons given by the Charity Commission under sec5on 145(5)(b) of the Act.
## **Independent examiner’s statement**
Since the Parochial Church Council’s gross income in 2022 exceeded £250,000 your examiner must be a member of a body listed in sec5on 145 of the 2011 Act. I confirm that I am qualified to undertake the examina5on because I am member of the Chartered Ins5tute of Public Finance and Accountancy (CIPFA), which is one of the listed bodies.
connec5on with the examina5on giving me cause to believe that in any material respect:
1. accoun5ng records were not kept in respect of the Trust as required by sec5on 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Chari5es (Accounts and Reports) Regula5ons 2008 other than any requirement that the accounts give a ‘true and fair view which is not a ma[er considered as part of an independent examina5on.
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Prac5ce for accoun5ng and repor5ng by chari5es
I have no concerns and have come across no other ma[ers in connec5on with the examina5on to which a[en5on should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
Name: Simon Dennis
Applicable listed body: Chartered Ins5tute of Public Finance and Accountancy Address: 10 Dunbar Cro_, Queensbury, Bradford, BD13 1QX
Date: May 2024
- 10 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
## **Statement of Financial Activities**
|**Note**
**Income and endowments from:**
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Other
7
**Total**
**Expenditure on:**
Raising funds
Charitable activities
8, 9
Other
**Total**
Net gains/(losses) on
investments
10
**Net income/(expenditure)**
Transfers between funds
**Net movement in funds**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted Designated**
**Restricted**
**TOTAL**
**TOTAL**
**Funds**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
47,206
-
41,103
**88,309**
177,946
42,216
-
132
**42,348**
34,485
5,512
-
-
**5,512**
2,085
-
-
335
**335**
527
4,292
219
4,779
**9,290**
86,574|
|---|---|
||**99,226**
**219**
**46,349**
**145,794 301,617**|
||-
73,489
3,300
75,065
**151,854**223,869
-|
||**73,489**
**3,300**
**75,065**
**151,854 223,869**|
||1,217
**1,217**
(1,770)|
||**25,737**
**(3,081)**
**(27,499)**
**(4,843)**
**75,978**|
||(17,968)
(15,514)
33,482
**-**
-
**7,769**
**(18,595)**
**5,983**
**(4,843)**
**75,978**
74,416
101,939
59,507
**235,862**159,884|
||**82,185**
**83,344**
**65,490**
**231,019**
**235,862**|
- 11 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
## **Statement of Financial Position**
|**Note**
**Fixed assets:**
Investments
10
**Total fixed assets**
**Current assets:**
Debtors
11
Prepayments
Cash at bank and in hand
**Total current assets**
**Liabilities:**
Creditors: Amounts falling due within one year
12
**Total assets less current liabilities**
Creditors: Amounts falling due after more than one year
**Total net assets or liabilities**
**Total funds of the charity:**
Restricted funds
13
Designated funds
14
Unrestricted funds
**Total charity funds**|**2023**
**2022**
**£**
**£**
14,380
13,163|
|---|---|
||**14,380**
**13,163**|
||18,540
23,272
41
-
209,180
204,427|
||**227,761**
**277,698**|
||11,122
5,000|
||**231,019**
**235,862**|
||-
-|
||**231,019**
**235,862**|
||65,490
59,507
83,344
101,939
82,185
74,416|
||**231,019**
**235,862**|
These accounts were approved by the members of the PCC at their meeting on the ___ May 2024 and signed on their behalf by:
James Hinton (Incumbent) ............................................................... Date ......................................
Colin Wilcock (Treasurer) ................................................................. Date .......................................
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
- 12 -
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
|**Statement of Financial Cash Flows**
**Note**
**Cash flows from operating activities:**
**_Net cash provided by (used in) operating activities_**
**15**
**Cash flows from investing activities:**
Dividends, interest and rents from investments
10
**_Net cash provided by (used in) investing activities_**
_Change in cash and cash equivalents in the reporting_
_period_
_Cash and Cash equivalents at the beginning of the_
_reporting period_
**_Cash and cash equivalents at the end of the reporting_**
**_period_**|**2023**
**2022**
**£**
**£**
**4,417**
**83,429**
335
527|
|---|---|
||**335**
**527**|
||4,752
83,956
204,428
120,472|
||**209,180**
**204,428**|
- 13 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
## **Notes on the financial statements**
## **1. Accounting basis**
Basis of prepara5on and assessment of going concern
The accounts have been prepared under the historical cost conven5on with items recognised at cost or transac5on value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Prac5ce: Accoun5ng and Repor5ng by Chari5es preparing their accounts in accordance with the Financial Repor5ng Standard applicable in the UK and Republic of Ireland (FRS 102) (2019) and the Financial Repor5ng Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Chari5es Act 2011. The accounts are presented in a format compa5ble with the Church Accoun5ng Regula5ons 2006.
## **2. Accounting policies**
## a) Income
All the income is recognised once the charity has en5tlement to the income, and it is probable that the income will be received and the amount of income receivable can be measured reliably.
## Voluntary Income:
- Collec5ons are recognised when received by and on behalf of the PCC.
- Planned giving is recognised when received, except for gi_s in advance of the period for which they are pledged, which are included in deferred income. Where a donor specifies that a gi_ is to be spent over a future period beyond the end of the financial period covered by the SOFA then the gi_ is shown as a liability in the balance sheet at the year end and will be recognised as income in future financial periods in accordance with the donor's wishes.
- Income tax recoverable on gi_ aid dona5ons is recognised when the dona5on is received.
- • Legacies: en5tlement is the earlier of the charity being no5fied of an impending distribu5on or the legacy being received.
## b) Expenditure
Liabili5es are recognised as expenditure as soon as there is a legal or construc5ve obliga5on commihng the charity to that expenditure, it is probable that se[lement will be required, and the amount of the obliga5on can be measured reliably.
- Grants and dona5ons are accounted for when paid, or when awarded if that creates a binding obliga5on for the PCC.
- The Diocesan Parish Share is accounted for when due for payment.
- Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
- 14 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
## c) Fund accoun5ng
- Unrestricted Funds are the funds of the PCC that are not subject to any restric5ons regarding their use and are available for applica5on to the general purposes of the church
- Designated Funds are that part of the unrestricted funds earmarked by the PCC for a par5cular purpose.
- Restricted Funds donor.
The PCC does not usually invest for each fund separately and interest is a[ributed to the Unrestricted Fund.
## d) Fixed assets and deprecia5on
Consecrated and benefice property is excluded from the accounts by sec5on 10(2) of the Chari5es Act 2011.
## e) Current assets
Amounts owing to the PCC at the year-end date in respect of fees, gi_ aid recoverable or other income are shown as debtors less provision for amounts that may prove uncollec5ble.
## f) Debtors
Trade and other debtors are recognised at the se[lement amount due a_er any trade discount
## g) Creditors
Creditors are recognised when the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount.
## h) Grants
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC
## i) Pensions
Pension contributions are included in the accounts where payable.
## j) Going Concern
The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. They have concluded that the budgeted income and expenditure is sufficient with the level of reserves held for the charity to be able to continue as a going concern.
- 15 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
## **3. Donations and legacies**
|Regular Giving
One-off Giving
Giving Collections
Corporate Donations
Gift Aid
Grants
**Total**|**Unrestricted**
**Designated**
**Restricted**
**TOTAL**
**TOTAL**
**Funds**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
25,961
-
2,540
**28,501**
27,926
1,360
-
5,924
**7,284**
10,107
2,701
-
-
**2,701**
2,779
600
-
-
**600**
-
6,846
-
1,011
**7,857**
7,923
9,738
-
31,628
**41,366**
129,211|
|---|---|
||**47,206**
**-**
**41,103**
**88,309**
**177,946**|
## **4. Income from Charitable Activities**
|Fees
Rent
Bank interest
**Total**|**Unrestricted**
**Designated**
**Restricted**
**TOTAL**
**TOTAL**
**Funds**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
408
-
-
**408**
1,077
41,004
-
-
**41,004**
33,408
804
-
132
**936**
-|
|---|---|
||**42,216**
-
**132**
**42,348**
**34,485**|
## **5. Income from Other trading activities**
|Rent
**Total**|**Unrestricted**
**Designated**
**Restricted**
**TOTAL**
**TOTAL**
**Funds**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
5,512
-
-
**5,512**
2,085|
|---|---|
||**5,512**
-
**-**
**5,512**
**2,085**|
## **6. Income from Investments**
|Bank Interest
Investment Income
**Total**|**Unrestricted**
**Designated**
**Restricted**
**TOTAL**
**TOTAL**
**Funds**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
-
-
134
**134**
136
-
-
201
**201**
391|
|---|---|
||**-**
**-**
**335**
**335**
**527**|
- 16 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
## **7. Other Income**
|Insurance Claim
Other
**Total**|**Unrestricted**
**Designated**
**Restricted**
**TOTAL**
**TOTAL**
**Funds**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
-
-
4,779
**4,779**
75,000
4,292
219
-
**4,511**
11,574|
|---|---|
||**4,292**
**219**
**4,779**
**9,290**
**86,574**|
## **8. Expenditure on Charitable activities**
|Architects & Consultants
Bank Charges
Building work & Materials
Clergy Expenses
Activity costs
General
Gifts
Grants & Donations given
Insurance
InSync
Internet/phone
Licences & Subscriptions
Outings/Activities
Parish Share
Rental Mgmt. & other costs
Repairs & Maintenance
ROCK
Stationery/postage/advertising
Training
Travel
Utilities
VAT recovered on building
works
Wages & Salaries
**Total**|**Unrestricted**
**Designated**
**Restricted**
**TOTAL**
**TOTAL**
**Funds**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
-
3,300
-
**3,300**
12,019
178
-
106
**284**
308
8,404
-
23,171
**31,575**
122,966
475
-
-
**475**
462
1,100
-
6,204
**7,304**
12,619
1,137
-
560
**1,697**
-
580
-
5,248
**5,828**
222
120
-
-
**120**
870
3,943
-
-
**3,943**
3,594
-
-
2,771
**2,771**
47
1,088
-
5
**1,093**
1,030
562
2,025
**2,587**
-
-
-
2,288
**2,288**
5,830
13,376
-
-
**13,376**
12,160
6,560
-
828
**7,388**
1,254
9,025
-
-
**9,025**
5,864
-
-
2,497
**2,497**
427
262
-
73
**335**
451
558
-
241
**799**
885
2
-
84
**86**
388
25,564
-
-
**25,564**
14,057
-
-
-
**-**
-
555
-
28,964
**29,519**
28,416|
|---|---|
||**73,489**
**3,300**
**75,065**
**151,854**
**223,869**|
- 17 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
## **9. Staff Costs**
St Stephen’s PCC employed three members of staff in 2022 (2022: 2).
|Salaries
National Insurance
Pension
**Total**|**Unrestricted**
**Designated**
**Restricted**
**TOTAL**
**TOTAL**
**Funds**
**Funds**
**Funds**
**2023**
**2022**
**£**
**£**
**£**
**£**
**£**
555
-
27,550
**28,105**
26,646
-
-
76
**76**
-
-
-
1,338
**1,338**
1,770|
|---|---|
||**555**
**-**
**28,964**
**29,519**
**28,416**|
## **10. Investments**
Investments have been valued at their market value on 31 December (1281 CIF Shares held with CCLA for Cowling, Sharman and Charlesworth Funds).
|**Brought forward value**
Revaluation
**Carried forward value**
Dividends
Interest
**Total**
**1. Debtors**
Gift Aid
Room Rentals
VAT Reclaimed on Building Works
**Total Debtors**|**2023**
**2022**
**£**
**£**
13,163
14,933
1,217
(1,770)|
|---|---|
||**14,380**
**13,163**|
||201
391
134
136|
||**335**
**527**|
||**2023**
**2022**
**£**
**£**
7,476
23,272
3,765
-
7,299
-|
||**18,540**
**23,272**|
## **11. Debtors**
- 18 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
## **12. Creditors & Accruals**
|HMRC
Trade creditors
Rent paid in advance
Holiday Pay accrued
**Total Creditors**|**2023**
**2022**
**£**
**£**
516
-
10,453
-
100
5,000
53|
|---|---|
||**11,122**
**5,000**|
## **13. Restricted Funds**
## **Restricted Funds 2023**
|Basement
Building
Children and Youth (incl
Charlesworth)
Christmas Appeal
Cowling Temperance
Sermon
Eden Project
Hurst, Kitchen and
Fearnley Memorial Fund
Inn Churches
InSync
Office
Sharman Fund (Flowers)
Sick & Poor Fund (incl
Cowling)
Toilet
Vicar’s Mission Fund
**Total**|**Balance**
**B/fwd**
**Income**
**Expenditure**
**Investment**
**Gain/(Loss)**
**Transfers**
**Balance**
**C/fwd**
**£**
**£**
**£**
**£**
**£**
(6,191)
6,000
23,291
-
23,482
-
3,500
2,900
-
-
-
6,400
6,701
4,825
2,498
590
-
9,618
973
4,602
4,850
-
-
725
486
8
-
22
-
516
23,569
25,477
41,486
-
7,904
15,464
1,563
-
-
-
-
1,563
416
-
77
-
-
339
1,148
2,264
2,771
-
2,096
2,737
7,000
-
-
-
-
7,000
5,422
135
-
427
-
5,984
5,777
138
-
178
-
6,093
-
-
-
-
-
-
9,143
-
92
-
-
9,051|
|---|---|
||**59,507**
**46,349**
**75,065**
**1,217**
**33,482**
**65,490**|
- 19 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
## **The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
## **Restricted Funds 2022**
|Basement
Building
Children and Youth (incl
Charlesworth)
Christmas Appeal
Cowling Temperance
Sermon
Eden Project
Hurst, Kitchen and
Fearnley Memorial Fund
Inn Churches
InSync
Office
Sharman Fund (Flowers)
Sick & Poor Fund (incl
Cowling)
Toilet
Vicar’s Mission Fund
**Total**|**Balance**
**B/fwd**
**Income**
**Expenditure**
**Investment**
**Gain/(Loss)**
**Transfers**
**Balance**
**C/fwd**
**£**
**£**
**£**
**£**
**£**
6,234
120,955
133,380
-
-
(6,191)
6,231
3,500
-
-
(6,231)
3,500
7,256
1,585
1,314
(826)
-
6,701
-
973
-
-
-
973
506
10
-
(30)
-
486
39,682
13,405
39,518
-
10,000
23,569
1,563
-
-
-
-
1,563
258
170
12
-
-
416
1,148
-
-
-
-
1,148
7,000
-
-
-
-
7,000
5,885
134
-
(597)
-
5,422
5,810
344
60
(317)
-
5,777
(7,528)
-
-
-
7,528
-
9,143
-
-
-
-
9,143|
|---|---|
||**83,188**
**141,076**
**174,284**
**(1,770)**
**11,297**
**59,507**|
The restricted funds consist of:
- The Basement Fund is for the renovation of the basement of the church.
- The Building Fund is to support the building works in the church.
- The Children and Youth Fund is for work with children and youth in the church and community and includes the Charlesworth Endowment.
- The Christmas Appeal is for an appeal made at Christmas 2022 to support refugees.
- The Cowling Temperance Sermon - the proceeds of this fund are to be used to support preaching of an annual sermon on the evils of alcohol.
- The Eden Project Fund is to fund work in the community carried out by the Eden Project
- The Hurst, Kitchen and Fearnley Memorial Fund is for the maintenance of memorials.
- The Inn Churches Fund is to support the work of Inn Churches, particularly in relation to the homeless.
- The InSync Fund is for work with young people.
- The Office Fund is for the renovation of the office in the church.
- The Sharman Endowment is to be used to provide flowers in church.
- Sick and Poor Fund is to be used to support the Sick and Poor of the Parish and includes the Cowling Endowment.
- The Toilet Fund is for the renovation of the toilets in the church.
- The Vicar's Mission Fund is to be used solely at the discretion of the Vicar.
- 20 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
## **The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
## **14. Designated Funds**
## **Designated Funds 2023**
|**Designated Funds 2023**||
|---|---|
|Building
Giving Away
Weekend Away
Window
**Total**|**Balance**
**B/fwd**
**Income**
**Expenditure**
**Investment**
**Gain/(Loss)**
**Transfers**
**Balance**
**C/fwd**
**£**
**£**
**£**
**£**
**£**
33,011
-
-
-
(18,561)
14,450
-
-
-
-
3,047
3,047
935
-
-
-
-
935
67,993
219
3,300
-
-
64,912|
||**101,939**
**219**
**3,300**
**-**
**(15,514)**
**83,344**|
## **Designated Funds 2022**
|**Designated Funds 2022**||
|---|---|
|Building
Weekend Away
Window
**Total**|**Balance**
**B/fwd**
**Income**
**Expenditure**
**Investment**
**Gain/(Loss)**
**Transfers**
**Balance**
**C/fwd**
**£**
**£**
**£**
**£**
**£**
10,415
-
-
-
22,596
33,011
(500)
7,205
5,770
-
-
935
(2,579)
75,369
4,797
-
-
67,993|
||**7,336**
**82,574**
**10,567**
**-**
**22,596**
**101,939**|
The designated funds consist of:
- The Building Fund is for repairs and maintenance of the church.
- The Giving Away Fund is 10% of income received, reserved for gifts and donations to be made locally, nationally and internationally at the discretion of the PCC.
- The Weekend Away Fund is to provide funds for a church weekend away.
- The Window Fund is for repair to the West Window and includes insurance monies received following storm damage.
- 21 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
## **15. Reconciliation of net income/(expenditure) to net cash flow from operating activities**
|_Net income/(expenditure) for the reporting period (as_
_per the statement of financial activities_
**Adjustments for:**
(Gains)/losses on investments
Increase/(decrease) in pre-payments
Dividends, interest and rents from investments
(Increase)/decrease in debtors
Increase/(decrease) in creditors
**Total**|**2023**
**2022**
**£**
**£**
(4,843)
75,978
(1,217)
1,770
(41)
-
(335)
(527)
4,731
1,207
6,122
5,000|
|---|---|
||**4,417**
**83,429**|
## **16. Related Party Transactions**
|**Related Party**|**Trustees**|**Trustee Connection**|**Transactions**|
|---|---|---|---|
|Bradford City
Challenge
Foundation
(BCCF)|James Hinton|Trustee of BCCF|BCCF made restricted grants of £7,449
(2022 £4,645) to the Eden Project, £7,000
(2022 Nil) for paving in the church
grounds and £1,904 (2022 £2096) for
InSync.|
|Christopher
Luke Owens|Hannah
Owens|Husband employed by St
Stephen’s|Christopher Luke Owens was employed
by St Stephen’s as Eden Team Leader and
in 2023 was paid £26,753 (2022 £25,170)
in salary and on costs.|
|Impact
Gamers|Adam Syrop|Director of Impact
Gamers|Up to 26thMarch 2023, Impact Gamers
paid £691 (£ Nil) rent for use of a room in
the church hall for gaming. The PCC had
previously agreed this could be at a
peppercorn rent as their activities fit
within the vision of the church. This was
moved to a discounted basis from 1stJan
2023.|
|Shine West
Bowling|James Hinton|Shine Trustee
Wife employed as Charity
Lead byShine|In 2023 Shine paid £20,000 (2022
£20,432) rent, with £Nil (2022 £5,000) in
advance at year end.|
- 22 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX
**The Parochial Church Council of the Ecclesias3cal Parish of Bowling St Stephen**
## **Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2023**
|Shine West
Bowling
(continued)|Sarah Hinton|Employed as Charity Lead
by Shine
Husband – Trustee of
Shine|Restricted capital grants made by Shine:
- Basement £6000 (2022 £71,000)
- Xmas Appeal £500 (2022 £Nil)
Lettings Management Fees paid to Shine
£1,302 (2022 £748)
Property Management Fees paid to Shine
£1,650 (2022 Nil)
Cleaning Fees £868 (2022 £Nil)|
|---|---|---|---|
||Louise Mann|Employed as Operations
Manager byShine||
||Sam Thirkill|Employed byShine||
||David Thirkill|Wife employed by Shine||
|St Matthew’s
School|James Hinton|Governor of St
Matthew’s School|In 2022 St Matthew’s School donated £Nil
(2022 £300)|
||Hannah Raitt|Governor of St
Matthew’s School||
|St Stephen’s
School|James Hinton|Governor of St Stephen’s
School|In 2023 St Stephen’s School paid £2,975
(2022 £350) towards the provision of
ROCK in the school|
||Sonia Bentley|Governor of St Stephen’s
School||
||Susan Ingham|Governor of St Stephen’s
School||
|Stuart Thirkill|David Thirkill|Son employed by St
Stephens|In 2022 Stuart Thirkill was employed by St
Stephen’s and in 2023 was paid £555
(2022 £3,246) in salary and on costs.
Stuart also painted the Eden playbox and
waspaid £51.|
||Samantha
Thirkill|Son employed by St
Stephens||
|David Thirkill|Samantha
Thirkill|Trustee/wife of Trustee|David was paid £580 for painting the
Eden Playbox shippingcontainer.|
|Transforming
Lives for Good
(TLG)|Colin Wilcock|Employed as Head of
Finance by TLG (until Jan
2024)|In 2023 St Stephen’s paid TLG £825 (2022
£600) for TLG Early Intervention Training|
|East West
Consulting Ltd|Colin Wilcock|Director of Company|In 2023 East West Consulting Ltd donated
£600 (2022 £Nil).|
The aggregate value of unrestricted donations made to the church by Trustees who served as PCC members during the year was £9,265 (2022: £9,242), and £1,790 (2022 £160) to restricted funds. This does not include tax reclaimed under the Gift Aid scheme on these donations.
- 23 -
Registered Charity Number: 1200044
St Stephen’s Church, Donisthorpe Street, West Bowling, Bradford, BD5 7BX