Founded in 1788 as The Society for the Relief of Poor Pious Clergymen – Registered Charity number 232634 ## The Society for the Relief of Poor Clergy ## **Minutes of the SRPC Annual General Meeting on Monday 15[th] May 2023 at 12 noon St James’ Church Hall, off Tile Hill Lane, COVENTRY, CV4 9DP** **Present** : The Rev Martin Hayward (Vice Chair), Mr Andrew Thorburn (Treasurer) The Rev Steve Burch, The Rev Adam Watson, The Rev David Eames, Mrs Cathy Shearn, The Rev Canon Jon Scamman. ## **1 PRAYER** The Ven Rev Martin Hayward opened the AGM with prayer. ## **2 APOLOGIES FOR ABSENCE** The Ven Ian Watson, The Rev Preb Graham Cotter and The Rev Joe Kinsella were unable to attend. ## **3 ELECTION OF OFFICERS** The Ven Ian Watson had agreed to stand again as Chair. (Proposed – Rev Martin Hayward; Seconded – Rev Steve Burch) The Rev Martin Hayward had agreed to stand again as Vice Chair, and chaired the meeting. (Proposed – Mr Andrew Thorburn; Seconded – Rev Adam Watson) Mr Andrew Thorburn had agreed to stand again as Treasurer. (Proposed – Rev Canon Jon Scamman; Seconded – Rev David Eames) Mrs Cathy Shearn agreed to continue as Secretary **.** (Proposed – Rev Adam Watson; Seconded – Rev Martin Hayward) These elections were unanimously carried by the members. ## **4 ELECTION OF NEW MEMBERS** There were no new members. (Trustees were urged to look out for new potential Trustees and acknowledged the need for greater diversity on the committee.) ## **5 ELECTION OF TRUSTEES** All members were elected onto the Committee of SRPC as Trustees. Trustees currently serving on the Committee are: The Ven Ian Watson (Chair), The Rev Martin Hayward (Vice Chair), Mr Andrew Thorburn (Treasurer), Mrs Cathy Shearn (Secretary), The Rev Preb. Graham Cotter, The Rev Joe Kinsella, The Rev David Eames, The Rev Steve Burch, The Rev Adam Watson, and The Rev Canon Jon Scamman. ## **6 MINUTES OF AGM held on 28th June 2022** The Minutes were agreed, proposed by the Rev Adam Watson, and seconded by the Rev Steve Burch. (There were one or two small amendments.) 1 ## **7 MATTERS ARISING FROM MINUTES** - There were no matters arising from the Minutes. ## **8 REPORT & ACCOUNTS FOR THE YEAR TO DECEMBER 2022** The accounts, for year ending December 2022, had already been presented and approved at a previous Trustee meeting, subject to audit. Accounts were accepted: (Proposed – Rev Steve Burch; Seconded – Rev Adam Watson) It was proposed that a different auditor should be used next year. (Proposed – Mr Andrew Thorburn; Seconded – Rev David Eames) ## **9 VOTE OF THANKS** All Committee members were thanked by The Rev Martin Hayward, with particular thanks to the Officers for their work through the year. ## **10 ANY OTHER BUSINESS** The Rev Martin Hayward highlighted discussion between himself and the Ven Ian Watson about preparing for the future, should there be any schism in the Church of England. It was noted that the term “evangelical” could mean many different things. The SRPC should keep in mind some flexibility for how the charity could support clergy, if there were any future schism, and be guided by founding principles of the charity. (To be further discussed.) ## **11 CLOSURE OF MEETING** The AGM closed at 12.35pm and was followed by the Trustees’ Committee Meeting. **Please note: The next AGM date is yet to be decided.** Signed………………………………………………… Date……………………… 2 BALANCE SHEET AS AT 31st DECEM8ER 2022 2021 2021 2020 Note Foxed Assets Investments at £ost 170.270 170,270 170.270 eDt Assets Dep051ts repJyGble on demuFJd ICCLA Deposit alcl Cash at 8ank- CAFIRBS 9.953 27.316.71 9.953 30,289 9.953 20,462 37270 40,242 30,415 Llabilltles Cheques drawn not presented Net Assets 207,540 210,012 2(X),185 Funds Permanent Endowment Fund Unrestricted In£ome Fund Mr5 Cotter legacy ner£35,LXX)in 2006 (De￿gnated} Sabbatical fund IDesTgnated.. new in 20211 4.475 104,155 4,475 171.802 4.475 I68.￿1 17A25 32,WO 26.809 1085 1.735 Total Fund5 207,540 210,012 2CQ.185 Signed on behalf of the Trustee5 Ihe Venerable Wotson INCOME AND EXPENDrruRE ACCOUNTlor yearended 3151 De¢ember2022 2022 2021 20ZO Note Incomin urtes Donations re￿1ve￿ 1,42S 25 Investment Income I6￿95 26.226 26,899 Bank Inte￿t All In￿rne 28.342 26.251 26.899 urces Grant5 made -30.IfX* -16.CO) -18,￿#) Support cost5 .382 424 Governonce Costs -101 -352 All expendlture -31J14 -16,525 -19,661 movemert Infund .1,973 9,726 7,238 Income Fund broughtforward 224767 219,041 211,803 In￿￿ Fund carrled fon¥ard 225.795 228.767 219,041 NOTESTO FINANCIAtSTATEMENTSYEAR TO 315t DE(tMBER 2021 l. Accountl Poll¢le$ al A¢¢ounis have been prepared under the hlstorical c05t convEntion and in accordance with the accrua15 concept bl Donations. leeacies and Iwestment Income are credited In full tothe Incorne and Expenditure account in the year In whlch they are received and include5 returned the4uestotallin8£1.4CQ. 2021 2020 2. 6rart5 n¥mbgr number number eereavemenr 5.3LKJ io Sptr¢ial needs & En¢ouragement Sabatical IW5 250 14 26 13,150 Youth campsfrom Cotter legacy 14,575 1800 750 30.1(X> 16,r 18,9 132 5tatlonery and p05ta8e 323 Website and media advertlsin8 323 441 CommffteÈ expenses 749 220 Bankthar8es ioi 10) IDI 320 FLYed Interest Securli*sFund Shares held In CBF of the CofE Shore holdlng. Ac. 554032￿lF 5hoie prlce Inpence Purthase Pr 42.102 137 42,102 159 41102 170 59.553 57,Y22 66,766 7L414 In¥ shorel￿1￿9 361032￿15 shoreprlce Inpence 2,041 2.049 110,717 846,286 835,854 839,155 170,270 902,620 910.569 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of 61y thE¥o( kn CtskGY 3iliZ 1022 On accounts for the year ended Charlty no (if any) 232 04- Set out on pages I re￿rt to the trust￿ on my examination of th8 accounts of th8 abova chartty (Ihe Trusf} for the year ended Responslbilities and As the chartty trustees of the Trust, you are responsible th8 pr8paration basls of report of the acccmjnts in accordance with the requirements of the Charities Act 2011 llhe Acr). I reFQrt in respect of my examination of the Trusvs accounts carried out under section 145 of the 2011 Act arKI in carrying OLrt my examination, I have folknved the appI￿able Directions given by the Charity Commission urKler sectb)n 145(5)(b) of the ACL I have comptet&J my examination. I confimi that no material matters have ome trj my attention (other than that disclosed below "l in connection with the examination which gives me cause to b81iev8 that in, any material Independent examinerfs statement counting ￿ordS were rK)t kept in accordanc8 wf(h section 130 of the Act or the accounts do not accord with the accounting records I hav8 Th) c(xKems and have come across no other matters in connection with the examination to which attentK￿ shoukl be drawn in order to enable a r understanding of the accounts to be reached. se delete the words in the brackets rf they do not apply. Signed: Date: Relevant professlonal qualification(s) or body {rf any): (CPA Address: hatchley., 16 W¢Jodman5terne Road rshalton Beeches Section B Disc105ure Oft￿ Complete rf the examiner needs to highlKJht matters of concem (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). IER October 2018 Give here brlef details of any Items that the exarniner wlshes to dlsclose. kloNJ£. IER October 2018 BALANCE SHEEf AS AT 31st DECEM8ER 2022 2021 2020 Hxed Ass•ts Investmentsat cost 1703YO 170.270 170,270 Dep051ts repoyable on demand ICCLA Deposit alcl Cash at Bank. CAFIRBS 9353 27,31&72 9.953 30.289 9,953 20,462 37270 40.242 30N15 UabSlltle5 Cheqyes drawn presented (S￿) 150)} 210,012 2CpJ,185 Permanent Endowment Fund Unre5trirted Income Fund Mrs Cotter legacy net£35.Ciilln 26￿ (De￿gnIted} Sabbafj¢al fund IDely*ted: new In 20211 U75 4.475 In,￿2 4,475 168. 17,425 26,809 L735 Tgtal Funds 2CKJ.185 Slgned on bÈhaff ofthe Trustees The Veneroble loft Wotson Notè Incoml Donations re¢ei¥ed Investment Irthme 26226 26WJ9 Barik Interest All In¢on 251 26,899 Grants made -16.iYXI -18.9LKI SLtpport costs Govemance Costs -101 -352 All expendlture -16.525 -19.661 .U73 9.726 7238 Income Fund brought fop*ard 219.041 211A03 Incom• Fund ¢8rrled f￿an1 228.767 219.1Ml al Attounts have been prepared underthe histt>rical cost conb*niyon aod In accordance with the ae¢nJèlscorKept bl Donatlofts. Wies and ilN*Slment Incorne are credI￿d ln frjll to the Inrome and Expendlture account the year In t*hlch th¢yaYe feteived and Includes feturned clwues tolalllng £IAiYJ. 2020 ntjmber urnber Btreavement 5￿cIal needs & Encoura8emeni S8b*lcaJ io I4￿75 26 13,150 Youth camps from Cottèr le8acy 75 750 55 16A 18.9 Admlnlstratlon 132 Statlo#ery and pLye 323 Website 31KI m*dl3 adVe￿$In8 441 Committee e¥eTrsEs 749 Bankth¥rBes its) 32 & lfi¥•stmw)ts caA Shares held In CBF of the CofE 5hareholthg. Ac 361032￿lF 5hweprtc¢ tnpertte 41102 159 170 S9￿53 ,766 shtsre holding 36403XQIS sharepriceinpenct 2￿1 1111717 170270 910.569