## Church Estate and Headborough Trust
## Annual Report 2023
## Charity Number
## 254975
## Trustees
The members of the Parochial Church Council of St Nicholas Church. The list of those members for 2023 is held by the PCC Secretary
## Introducton
The Church Estate and Headborough Charity was created by the amalgamation of three smaller charities in 1982.The purpose of the charity is to administer and manage its assets to raise funds for the upkeep of the charities properties and land. Any clear income to be applied towards the upkeep and repair of St Nicholas, the maintenance of services therein and other religious and charitable purposes of the Church of England in the parish that the Trustees think fit.
## Management
The Trust is managed on behalf of the trustees by a small committee consisting of the Reverend Canon Paul Cubitt, ( Team Rector and Chair) Mark Thorpe (Treasurer), Sheila Hanmer (Secretary), Kate Baldry, Derrick Watts, Julie Benstead, Tim Eccleshall
Sadly, Kate Foley who had been acting as administrator of the charity since May 2022 resigned in July 2023. Kate was instrumental in updating many of our procedures and we are very grateful to her for the work she did. Subsequently the trustees took the decision to employ Clare Jones who was acting Benefice Administrator at the time for two hours a week to take on all aspects of Church House bookings.
## Church House
During 2023 all the windows of Church House which were in a sorry state have been repaired and repainted by MJ’s Carpentry and Joinery Services. We are very pleased with the quality of the work which has improved the aspect of Church House enormously.
## Church House Bookings
Unfortunately we lost one regular booking in 2023, Action for Children lost their government funding and so were unable to continue. We still let the hall to CGL for two days a week. A large banner advertising our hall was purchased and is displayed outside on the railings. New photographs were taken of the property for the website.
The small downstairs office is still occupied by North Breckland Youth for Christ. A nominal rent is paid of £40 per month and they contribute £30 towards energy costs.
The small top floor meeting room is hired out to the Dereham Heritage Trust at a charge of £25 per month.
## Church Cotage
Church Cottage is a small dwelling attached to Church House. The property is managed for us by a letting agent. In 2023 the tenants who had only recently arranged a joint tenancy moved out and new tenants were found immediately. They are very happy in the cottage. It is hoped that in 2025 we can repair and replace the cottage windows.
## Allotments
The Allotment gardens are situated on land at the west end of St Nicholas churchyard. For many years this land has been used to provide allotments for parishioners. Two of the fourteen plots were rented by one tenant during 2023. Because all the other plots had fallen into a state of extreme neglect and no interest has been shown by any would be tenants a small working party from the congregation of St Nicholas have set about clearing the site. This started in 2022 and continued throughout 2023. Many van loads of scrap metal have been removed along with asbestos, concrete and a skip load of plastic rubbish etc. This
has been helped by the open access provided via the next door house which is being restored and the continuing lack of boundary fence. There are a variety of ideas forthcoming for the future of this plot but nothing settled as yet.
## CHURCH ESTATE AND HEADBOROUGH CHARITY
|Accounts 2023
Income
Donatons
From PCC & NBYFC towards energy costs
From MNS for lock repairs
Operatng actvites to further objectves
Pety cash
Operatng actvites to generate funds
Allotments
Hall & Room hire
Cotage rent
Other
Investment income
Investments
Bank interest
Total gross receipts
NBYFC - North Breckland Youth for Christ
MNS – Mid Norfolk Singers|2023
2022
972.00
852
252.00
0
338.25
0
24.00
24
12145.00
3559
7344.48
6472
3970.34
3775
104.16
15|
|---|---|
||25151
14697|
|||
## CHURCH ESTATE AND HEADBOROUGH CHARITY
|Accounts 2023
Expenditure
In furtherance of charitable actvites
Energy
Water
Insurance - Church House
Cleaning- Church House
Repairs and Maint. Church House
Insurance Church Cotage
Repairs to Church Cotage
Allotments
Gif to Church
Other
Management costs
Administraton
Pety cash
Total gross expenditure
Other
not gross expenditure
Transfer to Charifund
17th, 16th … Repayment
Total not gross expenditure|2023
2022
2855.16
1296
350.00
112
1216.82
1307
2056.41
3404
25162.23
351
407.90
366
3995.00
83
2328.00
1000.00
1000
1073.06
255
656.21
85
0
0|
|---|---|
||41100
8260|
||1400
0
1400|
||1400
1400|
## CHURCH ESTATE AND HEADBOROUGH CHARITY
## Accounts 2023
|Accounts 2023||
|---|---|
|Summary
Net income minus payments b
Cash funds at last year end
Cash funds at this year’s end
Cash funds
Saver Account
Community Account
Pety Cash
Permanent Endowment
1. Investment assets
2022 4643.677 units in
Charifund
2023 4744.412 units in
Charifund|2023
2022
-17349
5037
27117
22082|
||9768
27117|
||5314
16973
4223
10121
231
23|
||9768
27117|
||value
value
31/12/2023
31/12/2022
68239.76
68081.84|
68081
68239
## 2. Fixed assets
## Church House
Church Cottage
Church Estate Allotment Gardens
Notes to the accounts
1. The Trustees have made the seventeenth of twenty-five payments
to replace monies borrowed from the permanent endowment
to renovate Church Cottage, as required by the Charity Commission
2. There are no disclosable transactions in respect of Trustees, persons closely connected with them or other related parties
b- Payments includes expenses + payments to endowment
## CHURCH ESTATE AND HEADBOROUGH CHARITY
|Accounts 2023
Income
Donatons
From PCC & NBYFC towards energy costs
From MNS for lock repairs
Operatng actvites to further objectves
Pety cash
Operatng actvites to generate funds
Allotments
Hall & Room hire
Cotage rent
Other
Investment income
Investments
Bank interest
Total gross receipts
NBYFC - North Breckland Youth for Christ
MNS – Mid Norfolk Singers|2023
2022
972.00
852
252.00
0
338.25
0
24.00
24
12145.00
3559
7344.48
6472
3970.34
3775
104.16
15|
|---|---|
||25151
14697|
## CHURCH ESTATE AND HEADBOROUGH CHARITY
|Accounts 2023
Expenditure
In furtherance of charitable actvites
Energy
Water
Insurance - Church House
Cleaning- Church House
Repairs and Maint. Church House
Insurance Church Cotage
Repairs to Church Cotage
Allotments
Gif to Church
Other
Management costs
Administraton
Pety cash
Total gross expenditure
Other
not gross expenditure
Transfer to Charifund
17th, 16th … Repayment
Total not gross expenditure|2023
2022
2855.16
1296
350.00
112
1216.82
1307
2056.41
3404
25162.23
351
407.90
366
3995.00
83
2328.00
1000.00
1000
1073.06
255
656.21
85
0
0|
|---|---|
||41100
8260|
||1400
0
1400|
||1400
1400|
## CHURCH ESTATE AND HEADBOROUGH CHARITY
|Accounts 2023
Summary
Net income minus payments b
Cash funds at last year end
Cash funds at this year’s end
Cash funds
Saver Account
Community Account
Pety Cash
Permanent Endowment
1. Investment assets
2022 4643.677 units in
Charifund
2023 4744.412 units in
Charifund|2023
2022
-17349
5037
27117
22082|
|---|---|
||9768
27117|
||5314
16973
4223
10121
231
23|
||9768
27117|
||value
value
31/12/2023
31/12/2022
68239.76
68081.84|
68081
68239
## 2. Fixed assets
Church House
Church Cottage
Church Estate Allotment Gardens
Notes to the accounts
1. The Trustees have made the seventeenth of twenty-five payments
to replace monies borrowed from the permanent endowment
to renovate Church Cottage, as required by the Charity Commission
2. There are no disclosable transactions in respect of Trustees, persons closely connected with them or other related parties
- b- Payments includes expenses + payments to endowment
CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's
report on the accounts
Section A
Independent Examine$ Report
Report to the trusteesl
members of
Church Estate and Headborough Charity
On accounts for the year
ended
31 December 2023
Charity no
{rf any)
254975
I report to the trustees on my examinatron of the accounts of the above
charity {Ihe Tru*l for the year ended 31 Dember 2023_
Responsibilities and
basis of report As the chartty trustees of the Trust, you are resFX)nsible for the preparation
of the accounts in accordan with the requirements of the Charities Acl
2011 ftheAcr).
I report in respect of my examination of the TrS accounts carried out
under section 145 of the 2011 Act and in carying out my examination, I
have followed the applicable Directions given by the Chartty Commission
under sedion 145(5)Ibl of the ACL
I have completed my examination. I confirm that no material matters have
come to my attention in connection the examination which gives me
cause to beiieve that in. any fflaterial resperA:
accounting records were not kept in accordance with sectbon 130 of
the Act or
the accounts do not accord viith the accounting records
Independent
examiner's statement
I have no concems and have come across no other matters in connection
with the examination to which attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
Signed:
L"L
Name:
Aiison Cranmer. AC offi Servi
Relevanl professional
quallfication(s) or body
{rfany}:
MIAgSA
ICB MLR 2017 Supervtsion LIn 5376
Address:
24 Quebec Road. Dereham. Norfolk, NR19 2DR