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 17[th] June 2024 at 12 noon at the Chapter House, St Margaret’s, Whitnash, CV31 2HJ** ## **Present** : The Ven Ian Watson (Chair) 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 Preb. Graham Cotter. ## **1 PRAYER** The Ven Ian Watson opened the AGM with prayer. ## **2 APOLOGIES FOR ABSENCE** The Rev Joe Kinsella and the Rev Canon Jon Scamman were unable to attend. ## **3 ELECTION OF OFFICERS** The Ven Ian Watson had agreed to stand again as Chair. (Proposed – Rev Preb Graham Cotter; Seconded – Rev Steve Burch) The Rev Martin Hayward had agreed to stand again as Vice Chair. (Proposed – Mr Andrew Thorburn; Seconded – Rev Adam Watson) Mr Andrew Thorburn had agreed to stand again as Treasurer. (Proposed – Rev Steve Burch; Seconded – Rev Preb Graham Cotter) Mrs Cathy Shearn agreed to continue as Secretary **.** (Proposed – Rev David Eames; Seconded – Ven Ian Watson) These elections were unanimously carried by the members. ## **4 ELECTION OF NEW MEMBERS** Mrs Kathy Burch was elected as a new member. (Proposed – Ven Ian Watson; Seconded – Mrs Cathy Shearn) Trustees were urged to look out for new potential Trustees. ## **5 ELECTION OF TRUSTEES** All members were elected onto the Committee of SRPC as Trustees. (Proposed – Rev Preb Graham Cotter; Seconded – Rev Adam Watson) 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, The Rev Canon Jon Scamman and Mrs Kathy Burch. ## **6 MINUTES OF AGM held on 15[th] may 2023** The Minutes were agreed, proposed by the Rev David Eames, and seconded by the Rev Martin Hayward. 1 ## **7 MATTERS ARISING FROM MINUTES** ## **Item 10** As a committee, we would continue to monitor the situation in the Church of England, Regarding any future schism. ## **8 REPORT & ACCOUNTS FOR THE YEAR TO DECEMBER 2021** **See attached Treasurer’s Report.** The accounts for 2023 were accepted, with the acknowledgement that there was an anomaly in the figures. ( **Item 4 in the Treasurer’s Report.)** The proposal, after much discussion about the related cost, was to accept the accounts with Fiona Liddicoat being asked to re-examine the years 2013 -2023, and to correct as necessary. (Proposed – Ven Ian Watson; Seconded – Rev Steve Burch) Abstentions – Mr Andrew Thorburn, Rev Martin Hayward. **We are confident that there is no impropriety or funds missing, merely recording discrepancies** .....This statement to be added to Treasurer’s Report. ## **Item 5 in the Treasurer’s Report:** It was agreed that Fiona Liddicoat would be appointed as examiner for the 2024 accounts. (Proposed – Rev David Eames; Seconded – Rev Adam Watson. ## **9 VOTE OF THANKS** All Committee members were thanked by The Ven Ian Watson, with particular thanks to the Treasurer and Secretary for their work through the year. ## **10 ANY OTHER BUSINESS** There was no other business. ## **11 CLOSURE OF MEETING** The AGM closed at 1.05pm and was followed by the Trustees’ Committee Meeting after lunch. ## **Please note: The next AGM date is Monday 16[th] June 2025 in person.** Signed………………………………………………… Date……………………… 2 BALANG5 SHFFf AS AT SI￿ >5C5MBSf¢ 2023 2023 2022 Inve¥hn¢nts at 31 D¢¢ 2023 CCLA shore Fund 364032(K)IS 846,286 nÈw ae. no. C83019230 CCLA Fixed fnt. Funi 364032001F new 0¢. no. C83019229 GCLA Dep. alc 364032001D 925.908 57,722 9,953 new ac. no. C83019228 COIF Ethical Fund C03126853 68.605 ¢wp¢n* Ass¢*s t)eposits repoyable on Demond Gosh at Bonk GAF 00029766 30.166 27.317 1.024.679 941.278 Udblll+i4s Chequu drawn n¢* pr4s¢n*¢d Net Assets 1.024.679 941.278 F*md¢d by Permonent Endowment Fund 4.475 1.020.204 4.475 936.803 Unrestricted Income Fund 1.024.679 941.278 Certif led os a true Ilecord A. Thorburn Tre¢isurer l. Wotson Chairman Date Date SKiety fop The Adief •+ Poop atryyrm AE6Érprs 2025 2022 360 1,425 22 CAF Bonk Int4rert 51 Othor 411 1.447 Non Current A￿¢*$ J%*. Jon CCLA Share Ac. 364032￿15 846.E86 835.854 CB3019230 CCLA Fixed Int. Fund 364032{￿lF 57.722 66.766 CB3019229 CCLA DEposit A 364032CM)It 9.￿3 9.953 C630t9226 C03126853 COIF Ethicol Fund 913.961 912373 Non Current A￿¢*$ 31rt. Doc. CCLA Share Ac. 364032￿15 846.286 CB3019230 925.908 CCLA Fixed Int. Fund 364032￿lF 57.722 CB3019229 CCLA DEposit A 364032001ts 9.953 C630t9226 C03126853 68.60J COIF Ethicol Fund 994.513 913.961 Incroos¢IDE￿￿￿51 in ValuB 60.552 CBF Investr￿t Fund CBF Fixed Int¢r¢rt CBF Deposit Fund COIF Ethical Fund Other 25.309 959 1.007 25.170 1.659 66 InYB5bnEnt IncomB 27.276 26A95 T•*•1 Zv¢•m¢ 108.2Jg 29.no Typ¢ ¢¢ 9.629 14575 1200 14.075 250 5PPC 5obuticgl 12.960 750 23.935 30J gonk ¢o*s ¢Md +¢ 62 343 749 Other 40 832 294 144 160 StatiOAÈry WÈb*i*È 103 60 leo 498 382 T•*ol Fxpenth*ur4 N•t in 24.eJ8 83.401 31.314 -1.5e5 OIIOI12023 0110112022 Current Jo 913,961 27.317 912.573 30.289 h at bonk 00029766 941.278 4475 942.862 4475 LESS p¢￿￿ Ehd¢wM¢ht Fund 936.803 83.401 1.020.204 938 387 -1585 PLUS MDVtJn￿rdnf￿￿d$dUrI￿yellp UN*ESTAfcTEts FUNf>S as at 31 Dec 2J 936.•03 UneElrict4d Fun& k4ttricted Fund T•*al Fu 1.020.204 4.475 1.024.679 936003 4.475 941.278 INDEPENDENT EXAMINER'S REPORT to the Trustees of the Soci for the Relief of Poor Cle en I have examined the accounts of the SRPC for the year ended 31 December 2023. which are set out on the following pages. My examination includes a review of the acwunting records kept by the SRPC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seekSn8 explanations from the trustees concerning any such matters. In Connec￿On with my examination, I believe that the accounts provide- an accurate record of the income and expenditure resultlngfrom the transacttons which took place during the period l January- 31 December 2023. There is nothing that leads me to believe that good accounting practices have not been properly followed during this period. I note that the treasurer has changed the system tor recording the assets held by the SRPC '. historically the value of shales has been recorded at their cost price but in the latest set of accounts. their market value at the end of the occounting period has been used instead. I believe that the balance sheet accurately records the value of these assets as at 31 December 2023. I commend the treasurer for his thoroughness and perseverance in verifying the figures to produce an accurate set of accounts. Signed Date Fiona Liddicoat, 8A Admiralty Street, Stonehouse, Plymouth PLI 3RX