_PCC St Laurence Foleshill Annual Report and Accounts 2023 : Charity No. 1202588_ The Parochial Church Council, St Laurence, Foleshill Annual Report and Financial Statement 1 January 2023 – 31 December 2023 Charity No 1202588 1 _PCC St Laurence Foleshill Annual Report and Accounts 2023 : Charity No. 1202588_ |**Contents**|| |---|---| |Reference and Administrative details|Page 3| |Objectives and Activities|Page 4| |Achievements and Performance|Page 5| |Financial Review|Page 8| |Structure, Governance and Management|Page 9| |Declarations|Page 10| |Appendix A: Annual Accounts|Page 11| |Statement of Financial Activities|Page 12| |Statement of Assets and Liabilities|Page 13| |Approval of Accounts by PCC|Page 13| |Notes to the Financial Statements|Page 14| |Independent Examiners Report|Page 20| 2 _PCC St Laurence Foleshill Annual Report and Accounts 2023 : Charity No. 1202588_ ## **Reference and Administrative details** |Charity name|PCC St Laurence Foleshill| |---|---| |Registered charity number|1202588| |Charity’s principal address|142 Old Church Road
Coventry
CV67ED| The charity trustees who have served at any time from 1[st] January 2023 until the date this report was approved are: Ex Officio members: Rev Gareth Iain Irvine Rev Jennifer Anne Irvine Rev Abby Rhodes (until 22 May 2023) Vicar/Chair of PCC Associate minister Associate minister Rev Kate Louise Elizabeth Pellereau (from 1 February 2024) Associate minister Rev Rebecca Henney (from 2 July 2023) Rev John Samuel (until 3 July 2023) Christine McKirdy Ben James Verdon Curate Curate Churchwarden /Safeguarding Office Churchwarden Elected by the Annual Parochial Church Meeting: Piers Anthony Denholm-Young (from 30 April 2023) Millicent Anne Dews Laura Rachel Edmunds James Edward Henney Dawn Louise Flavell Linda Lengden (until 30 April 2023) Michelle Goodson-McDonald Rea Verdon Ayla Verdon (under 18) (from 30 April 2023) PCC Secretary Lay Chair of PCC Deanery Synod rep Deanery synod rep Co-opted member: Margaret Patricia Locke-Wheaton (from 7 May 2023) Treasurer 3 _PCC St Laurence Foleshill Annual Report and Accounts 2023 : Charity No. 1202588_ The trustees of the Parochial Church Council of St Laurence Foleshill present their annual report. ## **Objectives and Activities** St Laurence Foleshill is a Church of England Parish Church in the Diocese of Coventry offering charitable services to the locality. We hold weekly Sunday services as well as family; children’s and youth work; food poverty relief; pastoral support; and other Christian events, courses and ministries. The Parochial Church Council of St Laurence Foleshill (PCC) has the responsibility for promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. When planning our activities for the year we have considered the Charity Commission’s guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. We are a community called to: - worship God - grow as disciples of Jesus - transform the communities of North Coventry in love To facilitate this work it is important that we maintain the fabric of the Church building and the church hall together with the surrounding grounds. The PCC is also responsible for maintaining a freehold property (house) in Gayer Street, Coventry that it owns, which is let out to tenants to provide additional income. 4 _PCC St Laurence Foleshill Annual Report and Accounts 2023 : Charity No. 1202588_ ## **Achievements and Performance** This is the first Annual Report and Accounts since we registered with the Charity Commission on 31[st] March 2023. Prior to this we were an excepted charity, but our turnover has now exceeded £100,000. The church works at the centre of the community in partnership with the local school, care home and other groups (such as Coventry Foodbank and Christians Against Poverty) who share our aims. The Hope Hub offers emergency food support in a warm, safe place with additional help (such as debt support) available and it is always busy. The Family Link Worker works with the local primary school and co-ordinates regular activities for families, children and youth (including food), along with a holiday club during school holidays (including lunch at a time when there are no school meals available). The staff team offers pastoral support in various ways to those within our community. The church hall (that is the base for most activities) is also an affordable resource space for community groups to hire. We have a dedicated safeguarding lead, with regular training and support for all staff and volunteers in their work with children and vulnerable adults. We do everything we can to protect people from any form of abuse, neglect or harm of any kind. Over the course of the year we have offered our normal range of services and activities. These include:- - Weekly services enabling the community to meet together to worship, with Sunday Club for primary aged children and a monthly All-Together Family worship. - Special services at Christmas, Easter, Pentecost and Harvest. - Weddings, baptisms and funerals as required. - Distributing 20 emergency food parcels a week to those in need and also offering support, a warm safe space and signposting with food and drink, a charging point and Databank available (Hope Hub). - Working with the local Church of England Primary School (who partially fund our Family Link Worker) running after school clubs, baking classes, stay and play sessions, supporting staff and hosting weekly school assemblies in the church. - After school activities for families (Connect). - A monthly informal service of worship and prayer (Encounter) which welcomes members from other local churches across the Deanery and Mission Hub. - Holiday clubs for families. - Youth group (JJs and TTs) that is majority BAME. - We are part of Coventry North Deanery. ## Our hall users include:- - Ladybird Pre-School Playgroup with places for 40 children. - Cocaine Anonymous with an average of 10 individuals supported each week. - • Dance Club (health and fitness) with 15-20 young people a week. - Groups from BAME communities with 50-60 people in each. 5 _PCC St Laurence Foleshill Annual Report and Accounts 2023 : Charity No. 1202588_ ## **Achievements and Performance (continued)** ## Highlights of the year are:- - Our average weekly attendance has increased to 54 adults (from 27 in 2022) and 39 children (from 28 in 2022). - We have celebrated 7 baptisms. - A former member of our youth group was confirmed at Coventry Cathedral at Easter. - The PCC had a successful Away Day with input on “Family on Mission” from a missionary serving in Peru. - The Hope Hub celebrated its 4[th] Birthday. - Hope Hub fed over 2,000 people (part funded by a grant from Coventry, Warwickshire and Solihull Communities Fund). - Hope Hub Christmas Dinner served for 45-50 people, and 200 Christmas hampers distributed (part funded by a grant from Love Christmas) - The mid-week youth group grew too big for a front room and relocated to the main church hall. - The number of older children at Connect increased. - In June we supported the ALIVE praise party and children from Key Stage 2 at the Primary School attended. - We hosted a Mission Hub retreat at Lee Abbey. - At Pentecost we ran a prayer room at Riley Square (a local shopping centre) for 10 days as part of Thy Kingdom Come. - Our Mission Hub set up 2 huddles for leaders overseeing mission and ministry with children and young people. - We welcomed over 800 children into the church for Christmas assemblies - The monthly Mission Hub Leaders Formation Huddle has grown in membership and depth of relationships. - We were awarded a Bronze Award as part of the National Eco Church project. - A new tenant moved into our Gayer Street property. - Electrical remedial work on the Church Hall was completed. - The Deanery Synod met 3 times and heard about the ALIVE event, Eco-Living, Women’s Ministry and the Deanery Plan to be younger and more diverse, serve generously and be bolder and together. There have been some staffing changes during the year. One of our assistant ministers left in May 2023 to serve a neighbouring parish. We were successful in appointing a replacement (funded by the diocese) who will begin her ministry with us as a Mission Hub Associate in February 2024. In July our previous curate left and a new one was appointed. We appointed a new (paid) cleaner in June 2023 and a (voluntary) treasurer in May 2023. We also welcomed an extra curate for a final year placement. All volunteers and staff have been safely recruited and appropriate safeguarding training has been completed 6 _PCC St Laurence Foleshill Annual Report and Accounts 2023 : Charity No. 1202588_ ## **Achievements and Performance (continued)** Our plans for the future include:- - We hope to expand the work of our Hope Hub (we are applying for the grants we need to make this possible). - We are exploring further community projects in Riley Square - We hope to develop a Greenhouse community for North Coventry, encouraging parishes, clergy and lay leaders to develop potential new mission ideas or initiatives through training, coaching and support. - We are working towards our Silver Award with the Nation Eco Church Project. - Lightening Protection and Electrical remedial work for the church is planned and the Quinquennial Inspection is due - We hope to update the church heating system when funding is available We would like to thank our staff team and the large group of over 30 volunteers who contribute time and energy to help our activities run successfully. We would also like to thank our 15 regular donors, together with those who have given us one off donations and grants during the year. All this has enabled us to serve the local community in the many different ways described above. 7 _PCC St Laurence Foleshill Annual Report and Accounts 2023 : Charity No. 1202588_ ## **Financial Review** ## **Review of financial position at end of year** The total receipts on unrestricted funds were £95,400. This came from donations (£49,641 including Gift Aid), letting out our hall, weddings and funerals and other operating activities (£38,899), letting out the freehold house in Gayer Street (£6,790) and other investment income (£70). We also received £14,904 of restricted donations (for our Hope Hub, children/youth work and fabric maintenance) and £3,011 of restricted investment income (for fabric maintenance), making our total income for 2023 £113,315. £98,358 of unrestricted funds and £14,674 of restricted funds were spent on the activities and achievements described earlier in this report (total £113,032). This included our £26,472 contribution to the diocese (the parish share that helps provide stipends and housing for the clergy) and our staff salary costs (£32,423). The net result for the year was a small excess of income over expenditure of £283. We carry forward a cash balance of £39,617 unrestricted funds and £20,542 restricted funds totalling £60,159. The unrestricted funds are split between the general fund (£8,487) and the designated capital projects fund (£31,130) which is earmarked for large projects. Full details are in our Financial Statements in Appendix A. ## **Reserves policy** It is PCC policy to try to maintain a balance on unrestricted funds which equates to at least three months of unrestricted payments. This is equivalent to £24,590. It is held to smooth out fluctuations in cash flow and to meet emergencies. The cash balance of £8,487 held in our general fund at the end of the year was much lower than this target _._ It is the PCC’s hope to increase this over time, as and when funds are available. 8 _PCC St Laurence Foleshill Annual Report and Accounts 2023 : Charity No. 1202588_ ## **Structure, Governance and Management** The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006). The method of appointment of PCC members is set out in the Church Representation Rules. At St Laurence’s the membership of PCC consists of the vicar, associate ministers and curate, the church wardens, the treasurer and PCC members elected by those members of the congregation who are on the electoral roll of the church. All those who attend our services are encouraged to register on the Electoral Roll and stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including how the funds of the PCC are to be spent. New members receive initial training into the workings of the PCC. The PCC met 6 times during the year. Some of our PCC members are paid staff or related to other PCC members. Where there is a conflict of interest these PCC members withdraw from the discussion and decision making. In between PCC meetings the standing committee (vicar, church wardens, treasurer, family link worker, administrator) make any significant decisions, reporting back next time the PCC meets. The staff team (ordained staff, paid staff, plus a church warden/safeguarding lead) are responsible for day-to-day decisions. ## **Safeguarding** The PCC of St Laurence, Foleshill is committed to the safeguarding, care and nurture of everyone within our church community and has made the following policy commitments:- - Promoting a safer environment and culture - Safely recruiting and supporting all those with any responsibility related to children, young people and vulnerable adults within the church - Responding promptly to every safeguarding concern or allegation - Caring pastorally for victims/survivors of abuse and other affected persons - Caring pastorally for those who are the subject of concerns or allegations of abuse and other affected persons - Responding to those that may pose a present risk to others We have a dedicated safeguarding lead and regular training and support for all staff and volunteers. 9 PCC St Laurence Foleshill Annual Report and Accounts 2023 ". Charity No. 1202588 Declarations The Irustees declare that haNt the tnJ5tees' reiKYt ab￿￿ at the PCC meetlng cm 14 behalf of the charlty tfU5tee5 Sl8naiurds) F￿1 namels Chris l•Restricted|Total| |---|---|---|---|---|---|---|---| |||Funds|Funds|Funds|Funds|Funds|Funds| |||2023|2023|2023|2022|2022|2022| ||Note|£|£|£|£|£|£| |**Receipts**|||||||| |Income from donors|2|49,641|14,904|
64,545|31,676|
5,536|37,212| |Income from operating activities|3|38,899|-|
38,899|35,770|
3,001|38,771| |Income from property investments|4|6,790|-|
6,790|2,750|
-|2,750| |Income from other investments|5|70|3,011|
3,081|28|
2,714|2,742| |**Total Receipts**||**95,400**|**17,915**|
**113,315**|**70,224**|
**11,251**|**81,475**| |**Payments**|||||||| |Charitable giving|6|3,961|-|
3,961|5,272|
-|5,272| |Activities directly relating to the work of the|||||||| |church|7|58,067|14,007|
72,074|59,764|
16,195|75,959| |Expenditure on property investments|8|2,973|-|
2,973|18,016|
-|18,016| |Church management and sundry administration|9|33,357|667|
34,024|28,924|
860|29,784| |**Total Payments**||**98,358**|**14,674**|
**113,032**|**111,976**|
**17,055**|**129,031**| |**Excess of receipts over payments**||**(2,958)**|**3,241**|
**283**|**(41,752)**|
**(5,804)**|**(47,556)**| |Transfer between funds|13|(61)|61|
-|12,396|
(12,396)|-| |||**(3,019)**|**3,302**|
**283**|**(29,356)**|
**(18,200)**|**(47,556)**| |Unrealised gains/(losses) on investment assets|13|-|7,709|
7,709|-|(11,543)|(11,543)| |**Net movement in funds**||**(3,019)**|**11,011**|
**7,992**|**(29,356)**|
**(29,743)**|**(59,098)**| |Cash and investment assets brought forward at|||||||| |1st January|13|197,636|102,451|
300,087|226,991|
132,194|359,185| |**Cash and investment assets carried forward at**|||||||| |**31st December**|**13**|**194,617**|**113,462**|
**308,079**|**197,636**|**102,451**|**300,087**| The notes on pages 14 to 19 form part of these financial statements 12 _PCC St Laurence Foleshill Annual Report and Accounts 2023 : Charity No. 1202588_ ## **Statement of Assets and Liabilities** ## As at 31[st] December, 2023 |As at 31stDecember, 2023|| |---|---| |Unrestricted
Restricted
Total
Unrestricted|Restricted
Total| |Funds
Funds
Funds
Funds|Funds
Funds| |2023
2023
2023
2022|2022
2022| |Note
£
£
£
£|£
£| ||| |**Investment Assets**|| |37 Gayer Street
1
155,000
-
155,000
155,000|
-
155,000| |Cave Legacy CB3005792-001
12
-
84,422
84,422
-|77,162
77,162| |Cave Legacy CB3005709-001
12
-
8,498
8,498
-|8,049
8,049| |**Total Investment Assets**
**155,000**
**92,920**
**247,920**
**155,000**|
**85,211**
**240,211**| ||| |**Monetary Assets**|| |Cash at bank
39,617
20,542
60,159
42,636|
17,240
59,876| |**Total Monetary Assets**
**39,617**
**20,542**
**60,159**
**42,636**|
**17,240**
**59,876**| ||| |**Total Cash and Investment Assets**
**194,617**
**113,462**
**308,079**
**197,636**|
**102,451**
**300,087**| ||| |**Assets**|| |Gift Aid Recoverable
1,189
-
1,189
8,347|
-
8,347| |Debtors
1,637
-
1,637
-|-
-| ||| |**Liabilities**|| |Sundry Liabilities
1,230
-
1,230
350|
-
300| |Payroll Taxes
810
-
810
389|-
389| The notes on pages 14 to 19 form part of these financial statements 13 _PCC St Laurence Foleshill Annual Report and Accounts 2023 : Charity No. 1202588_ ## **Notes to the Financial Statements** For the year ended 31[st] December, 2023 ## **1: Accounting Policies** ## **Basis of Accounting** The financial statements have been prepared under the historical cost convention as modified for the revaluation of freehold property. They comply with the Charity Commissioner’s Statement of Recommended Practice on Accounting by Charities and all applicable accounting and financial reporting standards. All incoming resources and resources expensed are accounted on the receipts and payments basis. ## **Investments** Investments are stated at market value. The property is currently used as an investment and generates income for the church. A valuation carried out by the PCC in 2020 indicates its current open market value is £155,000. ## **Fund Accounting** General funds comprise the accumulated surplus or deficit on the income and expenditure account. The funds are for use at the discretion of the PCC in furtherance of the general objectives of the Parish. Designated funds comprise funds that have been set aside at the discretion of the PCC for specific purposes. Restricted funds are funds subject to specific restricted conditions imposed by donors. |**2:**
**Incoming resources from donors**|Unrestricted
Restricted
Total
Total| |---|---| ||Funds
Funds
Funds
Funds| ||2023
2023
2023
2022| ||£
£
£
£| |Planned giving|17,851
-
17,851
17,349| |Tax recovered on giving|9,631
-
9,631
7,049| |Loose plate collections|594
-
594
990| |Grants, legacies and donations|5,990
14,904
20,894
6,521| |Link worker support|15,212
-
15,212
4,232| |Other|363
-
363
1,071| ||**49,641**
**14,904**
**64,545**
**37,212**| 14 _PCC St Laurence Foleshill Annual Report and Accounts 2023 : Charity No. 1202588_ ## **Notes to the Financial Statements (continued)** ## For the year ended 31[st] December, 2023 ||Unrestricted
Restricted
Total
Total| |---|---| ||Funds
Funds
Funds
Funds| ||2023
2023
2023
2022| ||£
£
£
£| |**3:**
**Incoming resources from operating activities**|| |Hall and other lettings|24,965
-
24,965
19,564| |Income from church events|691
-
691
-| |Recharged expenses|4,201
-
4,201
-| |Fees due to the PCC|9,042
20
9,062
19,207| ||**38,899**
**20**
**38,919**
**38,771**| ||| |**4:**
**Incoming Resources from Property Investments**|| |Gayer Street|6,790
-
6,790
2,750| ||| |**5:**
**Incoming Resources from Other Investments**|| |CBF funds (dividends)|-
2,491
2,491
2,526| |Interest received on bank accounts|70
520
590
216| ||**70**
**3,011**
**3,081**
**2,742**| ||| |**6:**
**Charitable giving**|| |Cost of Charitable Fundraising|661
-
661
**-**| |Overseas Christian Mission|-
-
-
1,000| |Overseas Christian Relief|1,100
-
1,100
1,010| |Other Charities|-
-
-
62| |Home Mission & Church|2,200
-
2,200
3,200| ||**3,961**
**-**
**3,961**
**5,272**| 15 _PCC St Laurence Foleshill Annual Report and Accounts 2023 : Charity No. 1202588_ ## **Notes to the Financial Statements (continued)** ## For the year ended 31[st] December, 2023 |For the year ended 31stDecember, 2023|| |---|---| ||Unrestricted
Restricted
Total
Total| ||Funds
Funds
Funds
Funds| ||2023
2023
2023
2022| ||£
£
£
£| |**7:**
**Activities directly relating to the work of the charity**|| |Advertising|207
64
271
202| |Church hall expenses (inc. utilities)|9,241
412
9,653
9,810| |Church running expenses (inc. utilities)|5,296
-
5,296
8,037| |Clergy expenses|1,068
-
1,068
1,211| |Costs to PCC (Weddings / Funerals) inc. DBF|4,943
-
4,943
3,707| |Evangelism|2,706
-
2,706
1,215| |Events|-
-
-
473| |Music and worship|1,497
-
1,497
2,142| |New Wine|-
-
-
1,241| |Other|334
17
351
83| |Parish Share|26,472
-
26,472
28,271| |Church maintenance expenses (inc. insurance)|1,825
3,073
4,898
4,863| |Teaching and training|3,271
-
3,271
1,119| |Hope Hub|34
10,441
10,475
11,161| |Tearfund|-
-
-| |Website|257
-
257
23| |Youth and children|916
-
916
2,401| ||**58,067**
**14,007**
**72,074**
**75,959**| ||| |**8:**
**Expenditure on property investments**|| |Gayer Street|2,973
-
2,973
18,016| ||| |**9:**
**Charity management and administration**|| |Office expenses|702
-
702
1,132| |Office salaries|31,756
667
32,423
28,092| |Staff training|549
-
549
260| |Examiner's Fee|350
-
350
300| ||**33,357**
**667**
**34,024**
**29,784**| 16 _PCC St Laurence Foleshill Annual Report and Accounts 2023 : Charity No. 1202588_ ## **Notes to the Financial Statements (continued)** ## For the year ended 31[st] December, 2023 |For|the year ended 31stDecember, 2023||| |---|---|---|---| |**10:**|
**Analysis of staff costs and staff numbers**||| |||2023|2022| |||£|£| ||Expenditure includes staff costs as follows :||| ||Salaries|28,734|
29,670| ||National Insurance (employer contribution)|1,145|
1,010| ||Pensions (employer contributions)|2,431|
2,253| ||**Total Staff Costs**|**32,310**|
**32,933**| The average monthly headcount was 3 people (2022 :3) and the average monthly full time fulltime equivalent employees (including part-time staff) was 2 (2022: 2). No staff were paid at higher rate than £60,000 per annum during the year or previous year. The charity contributes to a workplace pension scheme. Two trustees were remunerated a total of £26,159 for services provided to the charity (2022 : £28,492). ## 11: Related Party Transactions There were no related party transactions (2022: nil) |12:
Investment Funds
**Caves Legacy :**
CBF Church of England Fixed Interest Securities Fund CB30055792-001 :
Investment value at 1st January
Dividends received
Increase/(decrease) in value during the year
Transfer to savings account
Investment value at 31st December
**CBF Church of England Fixed Interest Securities Fund CB30055709-001**
Investment value at 1st January
Dividends received
Increase/(decrease) in value during the year
Transfer to savings account
Investment value at 31st December|2023
2022
Units
£
Units
£
3,735
77,162
3,735
87,458
2,308
2,295
7,260
(10,295)
(2,308)
(2,295)
3,735
84,422
3,735
77,162| |---|---| ||**:**
5,871
8,049
5,871
9,296
183
231
449
(1,248)
(183)
(231)
5,871
8,498
5,871
8,049| 17 _PCC St Laurence Foleshill Annual Report and Accounts 2023 : Charity No. 1202588_ ## **Notes to the Financial Statements (continued)** For the year ended 31[st] December, 2023 ||||||Unrealised||||||Unrealised|| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||Balance at||||losses on||Balance at||||gains on|Balance at| |**13: Movement of Funds**|01/01/2022|Income|Expenditure|Transfers|Investments||
01/01/2023|Income|Expenditure|Transfers|
Investments|31/12/2023| |**Restricted Funds**||||||||||||| |Church Fabric Maintenance|102,471|
5,392|(4,863)|
-|(11,543)||
91,457|5,438|
(3,073)|61|
7,709|101,592| |Poor Fund|2,131|
974|(83)|
(2,000)||-|
1,022|882|
(17)|(1,652)|
-|235| |Hope Hub|23,023|
1,884|(11,161)|
(4,440)||-|
9,306|3,572|
(8,066)|-|
-|4,812| |Children's Fund|-|
-|-|||-|
-|6,823|
-|-|
-|6,823| |Love Christmas|-|
-|-|||-|
-|1,200|
(2,852)|1,652|
-|-| |Administration Fund|4,569|
3,001|(948)|
(5,956)||-|666|-|(666)|-|-|-| |**Total Restricted Funds**|**132,194**|
**11,251**|**(17,055)**|
**(12,396)**|**(11,543)**||
**102,451**|**17,915**|
**(14,674)**|**61**|
**7,709**|**113,462**| |**Designated Funds**||||||||||||| |Capital Projects Fund|48,330|
-|-|
(17,200)||-|
31,130|-|
-|-|
-|31,130| |Gayer Street|155,000|
-|-|
-||-|
155,000|-|
-|-|
-|155,000| |**Unrestricted Funds**|23,661|
70,224|(111,976)|
29,596||-|
11,506|95,400|
(98,358)|(61)|
-|8,487| |**Total Funds**|**359,185**|**81,475**|**(129,031)**|**-**|**(11,543)**||**300,087 **|**113,315**|**(113,032)**|**-**|
**7,709**|**308,079**| 18 _PCC St Laurence Foleshill Annual Report and Accounts 2023 : Charity No. 1202588_ ## **Notes to the Financial Statements (continued)** For the year ended 31[st] December, 2023 ## **Restricted Funds :** Church Fabric and Maintenance Fund : These funds provide for the upkeep of the church building. Administration Fund : These are funds provided by the diocese to employ a church administrator. Hope Hub : The Hope Hub provides practical support to people in crisis in the local area. Poor Fund : These funds are provided to support people in poverty in the local community. Children’s Fund : These funds are provided for work with children and young people. Love Christmas : These funds are provided for giving Bags of Kindness (containing food and seasonal items) to those in need at Christmas ## **Designated Funds :** Capital Projects : Funds designated by the PCC towards future capital projects Gayer Street : Investment property held by the church 19 PCC St Laurence Foleshill Annual Report and Accounts 2023 . Charity No. 1202588 exwnlrnr's r•wi to tr* PCC ol St L￿er￿. Fol•sllll l lin *ttyV•lb•iles ol ttr* Tnrte¢5 and Il* tumlmr Tre Tn¢tees (Lmyder ihat rewred this secikn 144 {21 d tly Chartles ki 2011 It￿ 2011 Acii 4Th1 thbt •) IrOeper•*rf ts M•d•d. 11 is rni resp))skniiiy to eufflire tre JccrAffl5 sectkn 145 d itr* 2011 *a: sertw 145 151 Ib} 1011 Jit: ufrled wrtlh tht Gtnvai ftrectW6 il* Clwlty Ah IrKith a re￿¥ d t￿¢ xcAmiiry reccrds chan¢y ar*J rto) of ITr* •(c¢X￿ts kye￿Ied ￿th rffcrf05. 11 also (¢Y6￿1.￿ ary iiems In xcwis. aThJ seeMir4 explwibx5 IrtyTr the Trthtett (￿KUnIr¥ *Kh maiter5. pr￿e&re$ th*t•ken th) W0￿je all tl* thai bè rtythred In a Idl io keep accwiiity fectyds v*lth *Ci*>n IXI It* 2011 kl. of IPe 2011 hbv* r￿1 brtn rnrt: ty 111 t¢ rny *rafyi. •u•itkn str4Ad be dra*Y* Intyder weMble• of Gk¥4h Klbbit 6" 114rch 2014 20