## **Annual Parochial Church Meeting** ## **St Margaret’s Church Whalley Range Sunday 12[th] May 2024 at 10.30am Trustees report for the Year 1[st] January – 31[st] December 2023** ## **Achievements & Performance** - Recruitment, appointment, and welcome of new Vicar Revd Tom Studman, a post held in plurality with St Edmund’s, Whalley Range, and St James’, Moss Side. - Licencing of Revd Tom was held on August 29[th] at St Edmund’s church. - Revd Ian Harvey was priested in July 2023 at Manchester Cathedral and he declared his faith in the presence Father Azariah France-Williams in St Margeret’s Church the week afterwards. Revd Ian continued as a nonstipendiary minister. - A Sunday morning service was held every week at 10.30 am in addition to special seasonal services. - St Margaret’s continued it’s ‘Inclusive Church’ membership and is committed to being an inclusive community church. - The provision of pastoral and spiritual support beyond the congregation, particularly through offering ministry in baptism, marriages and funerals. - Church space rented to community groups to support their activities providing public benefit. - Involvement with Church of England Primary School particularly serving on the governing body. - Continued to support Honeybears Nursery through the use of our Church Hall and facilities. ## **Safeguarding** - The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). During 2023, our policy has been reviewed and updated in line with updated Diocesan guidance, and this is now being implemented. Safeguarding is a core agenda item at all JPCC meetings. ## **Finance Report** - The Financial Statements for 2023 have been prepared by John Adams, approved by the PCC, and submitted to the Independent Examiner. - Grants were received from Listed Places of Worship £1,503 for VAT recovery and also from the Manchester Diocese £330 towards energy bills. - Diocesan Parish Share Quota (£24,629) paid in full plus an additional contribution (£4,167) towards our 2024 share resulting from Gift Aid relief which the Diocese received on our behalf. - All utility bills are paid up to date. ## **Building Report** - Three conifers were removed from the north side of the church with Council permission. - Blocked drains professionally cleared and a full service on all manholes, drain lines and gullies on Church grounds. - More decluttering has happened in the church but it is an ongoing task. - A new external notice board was erected to communicate events to the local community. - Faculty application for work on the tower/spire resulting in the award of a £10,000 grant towards the completion of the external work required. - Full electrical inspection and gas heating repairs completed - Ecclesiastical Insurance inspection completed - Church pews repaired ## **Climate Emergency** - Energy Carbon Footprint of 20.8 tonnes CO2e in 2023 (up from 19.4 in 2022) Conclusion: Despite being one of the least efficient churches for energy, St Margaret’s is better than most when our high building usage and opening hours are taken into account. ## **Charity Commission** - Annual documents submitted on time **----- Start of picture text -----**
Parish Name: If the form is NOT completed for the entire parish, Parish Code
Return of Parish Finance 240094
St Margarets Whalley Range please list below the churches included: (6 digits):
January to December 2023 Deanery: South&Stretford
30 Are your accounts Receipts and Payments [ X ] OR Accruals [ ] ? (indicate ONE) Diocese: Manchester
RECEIPTS/INCOME UNRESTRICTED RESTRICTED PAYMENTS/EXPENDITURE UNRESTRICTED RESTRICTED
(nearest £) (nearest £) (nearest £) (nearest £)
Voluntary giving Costs of generating funds
1 Regular giving £ 9,165 £ - 17 Costs of fundraising activities £ 346 £ -
3 Collections at services £ 396 £ - Church activities
4 [All other giving and voluntary receipts, including ] £ 6,934 £ - 18 Mission giving and donations £ 98 £ -
special appeals (recurring and one-off)
6 [Gift Aid recovered (regular giving and one-off ] £ 4,167 £ - 19 Diocesan parish share contribution £ 28,796 £ -
donations) 20 Salaries, wages and honoraria £ 22 £ -
7 Legacies received (capital value) £ - £ - 21 Clergy and staff expenses £ 686 £ -
8 Grants (include recurring and one-off) £ 1,833 £ - Church expenses
Total voluntary giving £ 22,495 £ 22 Mission and evangelism costs £ 135 £ -
Activities for generating funds 23 Church running expenses (including governance) £ 14,380 £ -
9 Fundraising activities (gross proceeds) £ 302 £ - 24 Church utility bills £ 2,360 £ -
Income from investments 25 Costs of trading £ 7,118 £ -
10 Dividends, interest, income from property etc. £ 1,354 £ - Major capital expenditure
Church activities 27 Major repairs to the church building £ 1,548 £ -
11 Fees retained by PCC (weddings, funerals etc.) £ - £ - 28 [Major repairs to church hall/other PCC property ] £ - £ -
including redecoration
12 Trading activities (gross proceeds), NOT fundraising £ 36,335 £ - 29 [New building work to the church, church hall, clergy ] £ - £ -
housing or other PCC property.
Other incoming resources Other expenditure
13 [Other receipts/income not already listed ] £ 4,122 £ - 99 [Other payments/expenditure not already listed ] £ 1 £ -
PLEASE NOTE BRIEF DETAILS IN BOX E PLEASE NOTE BRIEF DETAILS IN BOX E
Totals (from Financial Statements) Unrestricted Restricted Totals (from Financial Statements) Unrestricted Restricted
A RECEIPTS/INCOME £ 64,608 £ C PAYMENTS/EXPENDITURE £ 55,490 £
B COMBINED TOTAL £ 64,608 D COMBINED TOTAL £ 55,490
PLANNED GIVERS AND LEGACIES CASH AND INVESTMENT BALANCES UNRESTRICTED RESTRICTED
14 Number of regular givers 25 31 Cash and deposit balances as at 31/12/23 £ 19,242 £ -
16 Number of new legacies received in year 0 32 Investments as at 31/12/23 £ 46,607 £ -
Please refer to the accompanying notes to help clarify what is included in each Name John Adams Date 17/04/2024
section. The item numbers refer to RPF notes, consistent with the guidance Position Treasurer
provided in PCC Accountability , 5th edn. . Email or telephone john.me.adams@live.com
Looking back across 2023, was there any exceptional financial activity affecting movement on cash and investment balances? Please provide details in the box below.
These might include project or capital expenditure, major equipment purchases, property or asset disposals, new investment or investment sales, new loans or loan repayments.
Gift Aid (box 6): the recovered amount all went towards future Diocesan Parish Share Contributions (box 19) rather than the cash and investment balances.
E Other income (box 13): the PCC received a refund from Manchester City Council for overpaid council tax on St Margaret's Rectory.
Other payments (box 99): this is a technical £1 rounding adjustment to reconcile total expenditure with cash balance.
**----- End of picture text -----**
Page 1 of 8 PCC Accounts 2023 v1.xlsx ## **Parochial Church Council of St Margaret, Whalley Range Parish Number** M04884 **Financial Statements for the year ended** 31/12/2023 **----- Start of picture text -----**
RECEIPTS (INCOME) Unrestricted Unrestricted Restricted Total This Total Last
Note Funds Building Funds Use Funds Year 2023 Year 2022
Voluntary giving 1
Regular giving 2 9,165 - - 9,165 10,567
Collections at services 3 396 - - 396 463
All other giving and voluntary receipts 4 6,934 - 6,934 12,382
Gift Aid recovered 5 4,167 - - 4,167 -
Legacies received - - - -
Grants 6 1,833 - - 1,833 3,558
22,495 - - 22,495 26,970
Activities for generating funds
Fundraising activities (gross proceeds) 7 302 - - 302 453
302 - - 302 453
Income from investments
Dividends, interest, income from property etc. 8 1,268 86 - 1,354 1,271
1,268 86 - 1,354 1,271
Church activities
Fees retained by PCC (weddings, funerals etc.) - - - - 48
Trading activities 9 36,335 - - 36,335 27,563
36,335 - - 36,335 27,611
Other incoming resources
Other 10 4,122 - - 4,122 574
4,122 - - 4,122 574
TOTAL RECEIPTS IN 64,522 86 - 64,608 56,879
£30,000 Income compared to last year
£25,000
£20,000
£15,000
£10,000
£5,000
£0
Regular giving Collections at All other giving Gift Aid Legacies Grants Fundraising Dividends, Fees retained Trading Other
services and voluntary recovered received activities interest, by PCC activities
receipts (gross income from (weddings,
proceeds) property etc. funerals etc.)
Total Last Year 2022 Total This Year 2023
Proportion of income this year Regular giving
14%
Other
6% Collections at services
1%
All other giving and voluntary receipts
11%
Gift Aid recovered
6%
Trading activities
56%
Grants
3%
Fundraising activities (gross proceeds)
Dividends, interest, income from property etc. 1%
2%
**----- End of picture text -----**
Page 2 of 8 PCC Accounts 2023 v1.xlsx ## **Parochial Church Council of St Margaret, Whalley Range Parish Number** M04884 **Financial Statements for the year ended** 31/12/2023 **----- Start of picture text -----**
PAYMENTS (EXPENSES) Unrestricted Unrestricted Restricted Total This Total Last
Note Funds Building Funds Use Funds Year 2023 Year 2022
Costs of generating funds
Costs of fundraising activities 11 346 - - 346 -
346 - - 346 -
Church activities
Mission giving and donations 98 - - 98 60
Diocesan parish share contribution 12 28,796 - - 28,796 27,366
Salaries, wages and honoraria 22 - - 22 20
Clergy and staff expenses 686 - - 686 -
29,602 - - 29,602 27,446
Church expenses
Mission and evangelism costs 135 - - 135 22
Church running expenses (including governance) 13 14,380 - - 14,380 22,181
Church utility bills 14 2,360 - - 2,360 1,998
Costs of trading 15 7,118 - - 7,118 6,478
23,993 - - 23,993 30,679
Major capital expenditure
Major repairs to the church building 16 1,548 - 1,548 2,588
Major repairs to church hall - - - - 440
New building work - - - - -
1,548 - - 1,548 3,028
Other expenditure
Other 1 - - 1 1
1 - - 1 1
TOTAL PAYMENTS OUT 55,490 - - 55,490 61,154
£30,000 Expenses compared to last year
£25,000
£20,000
£15,000
£10,000
£5,000
£0
There is one unexplained payment from the church bank account in April paid via the NatWest mobile app.Costs of Mission giving Diocesan Salaries, wages Clergy and Church Church utility Costs of Major repairs Major repairs Other
fundraising and donations parish share and honoraria staff expenses running bills trading to the church to church hall
activities contribution expenses building
(including
governance)
Total Last Year 2022 Total This Year 2023
Costs of fundraising activities Proportion of expenses this year
1%
Major repairs to the church building
3%
Costs of trading
13%
Church utility bills Diocesan parish share contribution
4% 52%
Church running expenses (including
governance)
26%
Clergy and staff expenses
1%
**----- End of picture text -----**
Page 3 of 8 PCC Accounts 2023 v1.xlsx ## **Parochial Church Council of St Margaret, Whalley Range** ## **Parish Number M04884** **Financial Statements for the year ended** ## **31/12/2023** **----- Start of picture text -----**
SUMMARY Unrestricted Unrestricted Restricted Total This Total Last
Note Funds Building Funds Use Funds Year 2023 Year 2022
SUMMARY OF RECEIPTS AND PAYMENTS
Total receipts 64,522 86 - 64,608 56,879
Total payments 55,490 - - 55,490 61,154
Excess of receipts over payments 9,032 86 - 9,118 (4,275)
Transfers between funds (3,597) 3,619 - 22 -
NET MOVEMENT IN FUNDS 5,435 3,705 - 9,140 (4,275)
Cash & bank balances at 1st January 7,072 3,030 - 10,102 14,357
CASH & BANK BALANCES AT 31ST DECEMBER 12,507 6,735 - 19,242 10,082
SUMMARY OF ASSETS & LIABILITIES
Cash and bank funds
Bank main current account 12,176 - - 12,176 7,003
Bank building reserve account - 6,735 - 6,735 3,030
Petty cash and collections not yet banked 331 - - 331 49
Cash & bank totals 12,507 6,735 - 19,242 10,082
Investment assets
CCLA investment fund shares at market value 17 46,607 - - 46,607 42,579
Other monetary assets
Grant from the diocese for future spire repairs 6 - - 10,000 10,000 -
Overpayment of water bills for the rectory 18 1,050 - - 1,050 801
E.ON Next electricity account credit 749 - - 749 724
Gift Aid, GASDS, VAT and other tax recoverable 19 - - - - -
Overpayment of council tax Aug 2020 - Dec 2022 - - - - 3,312
1,799 - 10,000 11,799 4,837
TOTAL ASSETS 20 60,913 6,735 10,000 77,648 57,498
LIABILITIES
Water-Plus account outstanding debit 596 - - 596 1,170
E-ON Next gas account outstanding debit 147 - - 147 346
Hydra-Fire fire extinguisher service invoice 184 - - 184 83
927 - - 927 1,599
TOTAL ASSETS LESS LIABILITIES 59,986 6,735 10,000 76,721 55,899
**----- End of picture text -----**
## **THANKS** As always many thanks to all those who have donated their time and other gifts in working for St Margarets. Although these cannot always be quantified within the Financial Statements, please be assured that they are highly valued. **----- Start of picture text -----**
PCC Assets
E.ON Next electricity account credit
Bank main current account
1%
16%
Overpayment of water bills for the rectory
1%
Bank building reserve account
9%
CCLA investment fund shares at Grant from the diocese for
market value future spire repairs
60% 13%
**----- End of picture text -----**
Page 4 of 8 PCC Accounts 2023 v1.xlsx **Parochial Church Council of St Margaret, Whalley Range Parish Number** M04884 **Financial Statements for the year ended** 31/12/2023 ## **NOTES** - 1 The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis, referring to guidance within the following document: https://www.parishresources.org.uk/wp-content/uploads/PCC-Accountability-5th-Edition.pdf - 2 Money given regularly (e.g. weekly, monthly, quarterly) through a standing order or the parish giving scheme, by envelope or by cheque. These are net amounts prior to any Gift Aid recovered. |**Regular giving**
Standing order
Regular giving by cash in envelopes
Regular giving by cheque
BACS Transfer|**Amount**
**No. of givers**
**Avg per giver per week**
5,950
£
12
2,100
£
17
688
£
2
427
£
2
9,165
£
25
7.05
£| |---|---| - 3 Note that 'Collections at services' does not include money dropped into our donations box or given via our new contactless device. These are recorded under 'All other giving' as we do not know when donations were made. |**Collections at services**
Open plate
Tea & biscuits donations|**Amount**
120
£
276
£
396
£| |---|---| - 4 Other giving and voluntary receipts. In previous years this included receipts from groups hiring the church building without a formal trading arrangement: these are now categorised as Trading Activities (see note 9). |**All other giving and voluntary receipts**
Anonymous
Coffee morning donations
Contactless giving
Marriage blessings
Donations box
AA donations received
Concert donations
Amnesty event donations
Other|**Amount**
4,960
£
635
£
431
£
350
£
267
£
140
£
50
£
50
£
50
£
6,934
£| |---|---| - 5 Gift Aid was claimed and recovered from HMRC for the period August 2019 to December 2020. This was paid into our Diocesan account towards our Parish Share for 2024: see note 12. For subsequent claims, see note 19. - 6 Grants were received from 2 providers. We were also allocated a future grant of £10,000 from the diocese towards the spire. This can be drawn down when needed and is shown under 'other monetary assets'. |**Grants**
Listed Places of Worship
Energy grant from the diocese|**Amount**
1,503
£
for VAT recovery
330
£
towards energy bills
1,833
£| |---|---| - 7 Money raised from the summer and winter fayres. Page 5 of 8 PCC Accounts 2023 v1.xlsx **Financial Statements for the year ended** ## **Parochial Church Council of St Margaret, Whalley Range Parish Number M04884 Financial Statements for the year ended 31/12/2023** ## **NOTES Continued** - 8 Dividends were received from our investments managed by the Church of England. Interest was received from Natwest on the balance in our reserve account. |**Dividends, interest, income from property etc.**
Dividends
Bank interest|**Amount**
1,268
£
86
£
1,354
£| |---|---| - 9 Money received from trading activities including letting of the church buildings, payments for events etc., where these are distinct from fundraising. Income is stated gross, and costs recorded separately in payments. The Honeybear Nursery income includes contributions towards utility bills. |**Trading activities**
Honeybear Nursery
Ethiopian Church
Open Voice Choir
Yoga
Drummers
Georgian Singers
CoMA
Other hire of church|**Amount**
29,359
£
3,595
£
1,325
£
1,216
£
560
£
100
£
30
£
150
£
36,335
£| |---|---| - 10 We received a refund from Manchester City Council for overpaid council tax on St Margaret's Rectory which is now the responsibility of Ascension Church Hulme. - 11 Cost of generating funds were due to a licence for running the summer and winter fayres, paying musicians at our coffee mornings and for SIM communications on the contactless giving device. - 12 Diocesan parish share assessment for 2023 was paid in full. In addition we made further contributions towards our 2024 assessment via the Diocesan Gift Aid Lite scheme. |**Diocesan parish share contribution**
Contributions for 2023 (assessment paid in full)
Contributions towards 2024 (from Gift Aid)|**Amount**
24,629
£
4,167
£
see note 5
28,796
£| |---|---| - 13 Insurance, routine maintenance, cleaning, church office costs, upkeep of services, organ tuning etc. Also include governance costs, e,g. fees for audit or independent examination. |**Church running expenses**
Church insurance
Drains maintenance
Gas heater maintenance
Electrical maintenance
Pigeon & pest control
Church noticeboard
Security
Council tax
Upkeep of services
Roof maintenance
Audio-visual equipment
Kitchen equipment
Other equipment
Consumable items
Plumbing|**Amount**
4,094
£
church building only
3,120
£
blocked / collapsed drains
1,764
£
fitted timers; much less than in 2022
1,550
£
safety upgrade & certificate
1,011
£
708
£
501
£
467
£
see note 10
244
£
180
£
188
£
139
£
new fridge
167
£
132
£
115
£
14,380
£| |---|---| Page 6 of 8 PCC Accounts 2023 v1.xlsx **Parochial Church Council of St Margaret, Whalley Range Parish Number M04884 Financial Statements for the year ended 31/12/2023** ## **NOTES Continued** - 14 Utility Bills. The PCC paid the church utility bills, the church hall overnight storage heaters, the church hall water services and St Margaret's Rectory water services. These are all on a single set of shared supplies and meters. A proportion of our payments are allocated to Honeybear Nursery and used to determine their monthly payments to the PCC in the following year. Within the accounts we have allocated 80% of the energy bills and 50% of the water bills to Honeybears and these are separately categorised under the Costs of Trading (see note 14): other energy bills for the church hall are paid direct by Honeybears and do not go through the PCC accounts. We have proposed that 30% of the water bills should be allocated to St Margaret's Rectory and invoiced to Ascension Church PCC until a separate meter can be installed. This is shown as a Monetary Asset (see note 18). |**Payments**
Gas
Electricity
Water|**Church utility**
**bills**
**Honeybear**
**utility bills**
**Total utility**
**bills**
590
£
2,358
£
2,948
£
440
£
1,760
£
2,200
£
1,330
£
1,329
£
2,659
£
due a refund for the rectory
2,360
£
5,447
£
7,807
£| |---|---| - 15 Costs of trading result from gas, electricity and water used by Honeybears Nursery (see above) and insurance of the church hall used exclusively by Honeybears. |**Costs of trading**
Honeybears utility bills
Hall insurance|**Amount**
5,447
£
1,671
£
7,118
£| |---|---| - 16 Major repairs to the church building were not undertaken during 2023, but we paid architectural fees for documenting the work to be undertaken on the spire and submission to the diocese for a faculty permission to proceed with the works and apply for a grant. - 17 Our legacy investments are held on our behalf by the Manchester Diocese as the custodian trustee and are managed by CCLA (Churches, Charities and Local Authorities Investment Management Limited). |**Account**
CB3010473-001 Mrs L Irons
CB3010522-001 Lloyd Memorial
CB3010866-001 Repair Fund|**Valuation at 31/12/2023**
24,436
£
21,950
£
221
£
46,607
£
9.5% increase since last year| |---|---| - 18 Ascension Church have agreed to make a contribution towards St Margaret's water bills for the rectory which are on a shared meter. We have proposed an initial contribution of £50 per month (based on the average bill for a family of 4) to be reviewed annually against 30% of our annual water bill. United Utilities and Water-Plus (who supply and bill us for water) are also reviewing our payments and we may be due a refund, so the exact arrangements concerning the rectory are still to be determined. |**Period**
April - December 2022
January - December 2023|**Amount**
450
£
600
£
1,050
£| |---|---| - 19 We have further POTENTIAL monetary assets from unclaimed Gift Aid from 2021 onwards plus GASDS and recoverable VAT. To count these as real assets we need to submit a claim. The following are estimates only. |**Years for which we could claim**
2023
2022
2021|**Est. Gift Aid**
**Est. GASDS**
**Est. VAT**
2,119
£
550
£
635
£
2,430
£
569
£
2,624
£
185
£
7,173
£
1,305
£
635
£| |---|---| - 20 We also have NON-MONETARY assets including the church piano, audio-visual equipment, art work, furniture, pews, church plate and kitchen equipment. Page 7 of 8 PCC Accounts 2023 v1.xlsx |**Parochial Church Council of St Margaret, Whalley Range**
**Parish Number**
M04884
**Energy Carbon Footprint for year ending**
31/12/2023
**CARBON FOOTPRINT REPORT**
**Note**
**SCOPE 1 Direct emissions (gas burned)**
Gas
Includes heating of the church for ALL users
Gas meter reading at the end of the year
Gas meter reading at the start of the year
Consumption in church building
Scope 1 energy consumption
Total Scope 1 CO2equivalent emissions
**SCOPE 2 Indirect emissions (energy purchased)**
Electricity
Day meter reading (estimated) 1st Nov this year
Day meter reading (estimated) 1st Nov last year
Consumption in church building
Off-peak meter reading (estimated) 1st Nov this year
Off-peak meter reading (estimated) 1st Nov last year
Consumption in church hall (storage heaters only)
Scope 2 energy consumption
Total Scope 2 CO2equivalent emissions
**SCOPE 3 Indirect value chain emissions**
Not estimated or reported, but would include:
Day time energy use from Honeybears in the hall
Car fuel travelling to/from church and Honeybears
Upstream emissions of products/services purchased
**CARBON FOOTPRINT**
Net CO2equivalent emissions
at least|**This Year**
**2023**
**Last Year**
**2022**
**Units**
10,652
7,782
100 cubic feet
7,782
5,299
100 cubic feet
2,870
2,483
100 cubic feet
92,981
79,844
kWh
**18.9**
**16.4**
Tonnes CO2e
55,460
53,863
kWh
53,863
48,226
kWh
1,597
5,637
kWh
112,587
106,986
kWh
106,986
101,057
kWh
5,601
5,929
kWh
7,198
11,566
kWh
**1.9**
**3.0**
Tonnes CO2e
?
?
?
?
?
?
**20.8**
**19.4**
Tonnes CO2e| |---|---| Page 8 of 8 PCC Accounts 2023 v1.xlsx John Adams Treasurer St Margaret’s Church Rufford Road Whalley Range M16 8AE 25 October 2024 Dear John, ## **Audit of St Margaret’s Whalley Range – Year Ending 31 December 2023** I have audited the financial statements relating to the parochial church council of St Margaret’s Whalley Range. I am satisfied that the financial statements give a true and fair view of the church council’s financial affairs as at the 31[st] December 2023 and are in accordance with the records and with the information given to me. Yours sincerely John Sear, CPFA