Annual Report and Accounts of the Parochial Church Council of Cassop cum Quarrington with Bowburn for the Year Ended 31 December 2023 Christ The King Centre, Bowburn. Charity Registration Number 520741 Priest in char Fr. John Livesley Bede Terrace Bowburn Co Durham DH6 5DL Bank.. Barclays Bank PIC 617 Market Place Durham City DHI 3BT Inde endent examiner: S Easton FCA Evelyn Partners 17 Queens Lane Newcastle Upon Tyne NE1 1RN Parish of Cassop cum Quarrington with Bowburn Contents of the financial statements for the year ended 31 December 2023 Page PCC Report Independent Examiner's Report Income and Expenditure Account Balance Sheet Notes to the Accounts Parlsh of Cassop cum Quarrlngton wlth Bowburn Year Ended 31 December 2023 Roport ol th8 Parochlal Church Councll Christ The King Centre, Bowburn. Charity Registration Number 520741 Background The PCC has the responsibility of co-operaling with the priest in charge in promoting in the e¢clesi8sIic81 parish the whole mi55ion of the Church, pastoral, evangelical, social and ecumenical. 11 also has maintenance ￿sponSibl1111es for Ihe Church of Christ the King. Membership Membership of the PCC is either ex officio or elected by the Annual P8io¢hial Church Meeting IAPCMI in accordance with the Church Representation Rulès. During the year the following served as members of the PCC.. Pnest in charge.. Fr. John Livesley Wardons." Mrs Palriua Asum8du-Aboagye Mrs Heather Kelly Representatives on tlje Deanery Synod.. Mr Stephen While (ended 11 October 20231 Mr Stephen While (ended 11 October 20231 Mrs Janet Punshon Mr Stephen Crosby lended 24 December 20231 and Mr Greg Round Father Ga￿th Gladman Mr Keith Amistrong Mrs Mary Armstrong Mr Kevin Barber Mrs Stacey Bath Mr John Gunn Mrs Marina Gunn Mrs Sue Maxwell Mrs Gladys Mugambi Mrs Valerie Richardson Mrs Maureen Robinson Mrs Doreen Thompson seC￿tary." Treasurer.. L8y Readers Assistant Curale Elected membe￿.. Committees The PCC operates through a number of Committees. whi¢h meet between full meetings of the PCC Standin Committee.. This is the only committee requirèd by law. 11 has the power to transact the business of the PCC be￿een its meetings. subject to any diiections given by the Council. F biFC and FAnance Commillèe." Oversees the general financial dimension of the work of the parish by monitoring income and expenditure. Attends to matters relating to the stewardship of the church buildings and fabric. the ¢hvr¢hyard al Quarrington Hill and the Vi¢arage_ Social Committee.. Org8nises and co-ordinates social occasions throughout the year which givè paiishioners an opportunity for fellowship. Some of these even15 will raise money for PCC funds. One event each year raises money for a charitable cause other than the parish. Parlsh ofcassop eum CknrrlNJton B0¥Atr￿M YearEnded 31 Deceml)er2023 Report ol the ParoehEal Church Council feontirhue* Chureh attèndance Church attendanct Therewère $3 memEeT8 on the Church Eledoral Roll in 2023. 17 ofwhom ale not ￿kIent within the parish. 3 names were added during the year and none were renthd eilherthTough death bEtause they mO￿d away Irr*n the parnh. The usual Surylay attendan￿. COLrnted durl Cttobtrt wa$ 26. butthis numtet Increased at feslwals and b3PtEms. Revlwi of the year The Parochi81 Churth Council, underthe eha¢mi8nship of the parish pnest. trAS cpd*all18gal and mor81 re8ponSI￿¢￿Y forth& parish's mission, a￿￿ltIes, finance and buitdin9. The PCC rnet for full meetlngs on flve octrasions thmugh the year and for one short meelng afterthe Surthy 1 lam mass to deal uraent it•ns of businèss. ITechntcalty thése occasions the FCC meets as it8 standtng tommlltee but aitenfèar￿ Is open to any PCC members presentl. In July 2023 we welcomed Father Gareth Gladman. our first assthnt euiate in over 30yearB. Parish Share for 2023 was £15,5CQwhich was pald in fvll. A suceesslul community eventwas hekl in Mayto cekbr* lfjng Charles. CoronatiC￿. The Foodbank estsblised In 2022 contlnues on a weew basi6. Durfng the summer hdi(*, a surnmer club for local children Tan one d8y pér￿ek. In Novembar 2023, in conjuntion Mth St Andrews Church. Spernnnyrncér, a grant-lunded pRri8h nurse w86 appoirrted to work one Qay peT week. On behalf ofthe PCC Date ilIDII FrJ ve81ey (Priest In ch ge} Parish of Ca550p cum Quarrington with Bowburn Indep•ndent Examlner's Report to tha PCC of Cassop cum Quarrlngton with Bowburn Year Ended 31 December 2023 This report on the accounts of the PCC for the year ended 31 December 2023 which are sel out on pages 4 to Y, is in respect of an examination carried out in accordance with the Church Accounting Regulations 20061.lhe Regulalionsl and section 145 of the Charilies Act 2011 Ilhe Acl'l. ver onsibilities of trustees and examiner As the mernbers of the PCC you are responsible for the pieparalion of the a¢counts,' you consider th81 the audit requirement of Regulations and section 144121 of the Act does not apply. 11 is my responsibility to issue this report on Ihose accounts in accordance wilh the terms of the Regulations. Basi5 of in enden examiners re ort My examination was carried out in accordance with the Ger>er81 01￿ctIOnS given by the Charity Commission under Section 14515llbl of the Act and to be found in the Church guidance, 2006 edition. That examination indudes a review of the accounting records kept by the PCC and a comparison of the accounls with Ihose records. It also includes considering any unusual items or disclosure5 in the accounts and seeking explanations from you as trustees conceming any such mallers. ThÈ procedures undertaken do not provide all the evidence that would be quired in an audit. and consequently I do not express an audit opinion on the view given by the accoLtnts. Inde endent examine¢s statement In connection with my examination. no maller has come to my attention.. 111 which gives me reasonable cause to believe that in any material respect the requ1￿mentS to keep accounting records in accordance with Section 130 of the Acl,. and lo prepa￿ a¢counls ¥Nhi¢h accord with the accounting records and lo comply wilh the requirements of the Act and the Regulations have not been mel.. or (21 lo which. In my opinion, attention should be drawn in order lo enable a proper ynderslanding of the accounts lo be reached. JL( S Easton FCA Evelyn Partners Aeeounlanls 77 Queens Lane Newcastle Upon Tyne NE1 1RN Parlsh of Cassop cum Quarrlngton wlth Bowburn Statement of Flnancial Activities Year Ended 31st December 2023 31-Dec.22 Total Funds Gonaral Fund Deslgnatèd Restrlcted Funds Funds Total Funds In¢omè and èndowm&nts: Donations and legacies Activilies for generating fund5 Fundraising Totsl Incomg 20,527 3,458 4,938 28,924 20,527 3,458 5,676 29.662 19.767 4,917 5.241 29,925 738 739 Expenditure on.. Activities relaled to church work Fundraising expenses Total expenditure 33.245 88 33.333 7.739 40,984 88 41.072 37.509 7,739 37.509 Net movemont In funds 14,4101 17.000) {11.410} 17,5841 Total funds brought forward 27,204 176.768 2.000 205,972 213,556 Total funds carried forward 22,794 169,768 2,000 194,562 205.972 Parfish ot Cassop cum 1knrrii￿I wilh Pthvbum 8818rKe Str*et Yegr EtKled 31¥t Decemb8r2023 2022 Notes Flxed assets TongJi te fixed 888ets {6) 168.799 176.S38 CurrentAssets- C*btors and prep8yrMnts Cash in han Bank eurrent atteount Bank deposit acccunt loo 16.31A 6.4 100 20,S49 5,751 25.763 Current Liabilitles.. Loani from Parishioners Famlty support Fund Net current assetsllllabilltlesl 25.763 29,434 Totsl net asstt$ 2C6.972 Parish fund$ Unrestricted funds Designated fund$ Restricted Funds 22.794 169,769 2.OOJ 194.562 27.204 176.789 2.000 205.972 18) ohn Uve61ey (Pri n charge) Parish of Cassop cum Quarrington with Bowburn Year Ended 31 D•¢ember 2023 Notes to the Accounts 111 Aeeountlng polielgs The financial statements have been prepared in accordance wilh the Church Accounting Regu131ions together with applicable accounting standards and the Charities SORP. The financAal statements have been prepared under the historical cost convèntlon. General funds represent the funds of the PCC that are not subject lo any ￿$1￿CtionS regardlng their use and are available for application on the general purposes of the PCC. These include fund5 designated for a particular purpose by the PCC. The accounts include transactions. assets and liabililies for which the PCC can be held respons- ible. They do not include the accounts of church groups Ihal owe an affiliation lo another body nor those that are informal gatherings of church members. Income Collections are recognised when made. Amounts receivable under covenant a￿ recognised only when honoured by the covenanlor. Income lax recoverable on covenanted donations is recognised when claimable. Funds raised by the fair5. bingo and other fvndraising events are accounted for gross. Parochial fees due for weddings. funerals elc are accounted for on an event by event basis. Deposit interest is accounted for when received. endilu The Parish Share is accounted for when paid and any share unpaid al 31 December is shown as a note lo the accounts. Fixed Assets Consecrated and dedicated ro and moveable church furnishin Consecrated and beneficed propety is exduded from the accoun15 by the Charities Act 2011 Dedicated property is capitalised and depreciated in the finandal slalements over its anticipated useful economic life of 50 years. Moveable Church fumishings held by the Priest in charge and churchwardens on special trust for the PCC which require a faculty for disposal are accounled for as inalienable propety unless consecrated. Other fixtures and fillin Equipment used within the ehufch premises is depreciated on a slraighl line basis over 5 years. Current Assets Amounts owng lo the PCC al 31 December in respect of fees oi other in￿rne are shown as deblots. Current Liabilities Amounts owed by the PCC 8131 December in respect of expenses are shown as accrued expenses. Parish of Cassop cum Quarrlngton with Bowburn Year Ended 31st December 2023 Not•s to the A¢¢ounts l¢ontinugdl 121 Donations and legacles 2023 2022 Envelope5 and covenants Income tsx (Gift Aid) reCove￿d Loose plate Occasional collections Special collection5 Flower fund donatsons Grants received Value of donated assets Donations 14,523 2,971 763 688 14,589 3.065 182 364 1,573 20,527 1,567 19.767 {31 Activities for genernting funds 2023 2022 Fees Other income 540 2.918 3,458 470 4.447 4,917 General Fund 2023 Building Fund 2023 Total 2022 Othar Incomg DBFIWam Spa￿$ Votive candles Tealcoffee money Hall Hire Miscellaneous 2855 87 280 988 237 4,447 149 284 1.954 532 2,919 141 Fundralslng General Fund: 2023 2022 Fayies Coffee mornings Pancake Night Harvest Supper Blue Bag Appeal Raffles Quiz Easter Raffle Afternoon Tea Jubilee Event Mexican Evening Burger Nighl Irish Night Pizza Evening Pie and Peas Night Coronation Event other 2.597 3101 48 254 25 280 128 252 38 275 568 202 276 203 256 249 191 245 314 4.938 4.563 Chur¢h Bulldin 100 Club Penny Botue Other Fund: 738 678 738 678 5,676 5.241 Parlsh of Cassop cum QLFarrlngton wlth Bowburn Year Ended 31 December 2023 Notés to tho Accounts l¢ontinugdl IS) Actlvltles dlrectly related to church work 2023 2022 General Fund Designated Funds Total Funds Total Fund$ Partsh share Clergy expenses Upkeep of seNices Organist's fees Vergers fees Flowers Heat. light and water Repairs and maintenance Insurance Cleaners costs Fees to Diocese Sundries Printing and slalionery Lease of photocopier Fees FumilurelFixtures & Fillings Depreciation Profit on disposal Grants.. Donations 15.500 1,763 2,621 1,650 15.500 1,763 2,621 1,650 15,000 1.333 2.405 1,670 3.316 5,333 944 3.316 5.333 1,756 4,196 894 745 353 745 353 850 603 1,020 1.020 7.739 7.739 8,803 33,245 7,739 40.984 37.509 Thè Diocesan Parish Share for the year ended 31 December 2023 was £15,500, which was paid in lsjll Parish of Cassop cum Quarrlngton with Bowburn Year Ended 31 December 2023 Notes to thg Accounts Icontlnuedl 161 Tangible Fixed Assets Church Buildlng Organ & furnltur• Total Cost Al 1 January 2023 Additions At 31 December 2023 227,279 52,901 280,180 227,279 S2.901 280,180 Dgpreci•tion Al 1 January 2023 Charge for the year Al 31 De￿mber 2023 63.514 4,546 68,060 40,128 3,193 43,321 103.842 7,739 111,381 Net book value At 31 December 2023 159,219 9,580 168,799 At 31 December 2022 163,765 12,773 176.538 171 Deslgnated Funds The movement on designated funds during the year was as follows.. Church Building Fund Not• As at 1 January 2023 176,768 Add.. Income Grants received Donations OG¢asional collections Income lax Fundraising Inte￿st received (41 739 739 Less.. Ex endilure Repairs and maintenance Depreciation Organ & fumilure Profil on disposal Bank charges and interest Fundraising expenses 7,739 7.739 As at 31 Dec 2023 169.768 181 R•stricted Funds As at 1 January 2023 Add.. Income Donation re Youth Worker 2.000 As at 31 December 2023 2.000