FOR THE YEAR ENDED 31 DECEMBER 2019

Charity Registration No. 1135365

BOLTON PARISH CHURCH

PARISH CHURCH OF

ST PETER BOLTON-LE-MOORS

TRUSTEES REPORT AND UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2019

THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSLEGAL AND ADMINISTRATIVE INFORMATION

Trustees Rev Canon Dr C BracegirdleMr G C BurrowsMr I DarbyshireMrs L EastermanMr D J EckersleyMr A ForresterMr R FrayRev B GaskellMrs H HaywoodRev I HepburnMrs S HobsonMr A J MitchellMr D F Morlidge MBEMrs A MorrisRev Canon Professor K NewportMrs R NewportMr A SlackRev M SlackCanon J Walsh DBEMs A WarburtonMiss E F WestonMr G WhalleyMr T J Whillas

Chairman

Treasurer

Secretary

Charity number

Principal address

Rev Canon Dr C Bracegirdle

Mr A J Mitchell

Mr G C Burrows

1135365

St Peter's Parish ChurchSilverwell StreetBoltonBL1 1PS

Independent examiner Mr Simon Worswick BA FCAR P Smith & Co Limited

Hamill House112-116Chorley New RoadBoltonBL1 4DH

Bankers Royal Bank of Scotland pic46-48 DeansgateBoltonBL1 1BH

THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSCONTENTS

Page

Trustees Report IV-Vl

Independent Examineds Report VVII

Statement of Financial Activities ViViii

Balance Sheet IX

Notes To The Accounts

THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSTRUSTEES REPORTFOR THE YEAR ENDED 31 DECEMBER 2019

The Trustees present their report and accounts for the year ended 31 December 2019.

The accounts have been prepared in accordance with the accounting policies set out in the notes to the accounts and

comply with the Charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities:

Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial

Reporting Standard applicable in the DK and Republic of Ireland published on 16 July 2014.

Aim and PurposesSt Peter Bolton-Ls-Moors Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent,

the Reverend Canon Dr Chris Bracegirdle, in promoting in the ecclesiastical parish, the whole mission of the Church,

pastoral, evangelical, social and ecumenical. The PCC is also specifically responsible for the maintenance of the

Church of St Peter, Silverwell Street, Bolton.

Objectives and ActivitiesThe PCC is committed to enabling Anglican Witness in the Heart of Bofton. Bolton Parish Church is the civic church of

Bolton rooted in the Anglican choral tradition and is known throughout the town as 'Ths Parish Church'. We seek to

build on our location and tradition by our worship, music, preaching and teaching, in our pastoral care and in our

stewardship of our fine church building.

Through close partnership with our three foundation schools, we aim to contribute to the excellent education and

spiritual development of children and young people in Bolton.

Public benefit statementWhen planning our activities for the year, we have considered the Commission's guidance on public benefit and the

supplementary guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to

live out their faith as part of our parish community through:~ Worship and prayer;~ Learning about the Gospel;~ Developing their knowledge and trust in Jesus.~ Provision of pastoral care for people living in the wider parish.

~ Missionary and outreach work.

To facilitate this work, it is important that we maintain the fabric of the Church of St. Peter.

Achievements and Performance

Worsfrlp and PrayerServices ars held regularly at 8.00 a.m. , 10.30 a.m. , and 6.30 p.m. on Sundays and around midday on several days of

the week. From time to time there are civic services, remembrance services and various carol concerts for different

Town organisations at Christmas time.

As well as our regular services, we enable our community to celebrate and thank God at the milestones of the journey

through life. Through baptism we thank God for the gift of life, in marriage public vows are exchanged with God' sblessing and through funeral services friends and family express their grief and give thanks for the life which is now

complete in this world and to commend ths person into God's keeping. We have celebrated 43 baptisms and 12weddings and held 19 funerals in our church this year (a further 6 funerals were held at the crematorium).

Deanery SynodTsn members of the PCC sit on the Deanery Synod. This provides the PCC with an important link between the parish

and the wider structures of the church. This year the PCC has also focused its attention on ths questions posed to

parishes in the Deanery about the most effective deployment of stipendiary and non-stipendiary clergy.

The Church Building and GroundsThere was no major single expenditure on the Church building and ground in 2019.

Mission arid EvangelismHelping those in need is a demonstration of our faith. Through our fundraising efforts 67,746 was given to local and

national charitiss during 2019.

Our parish magazine is distributed on a monthly basis. The magazine keeps our parishioners informed of the important

matters affecting our Church and articles that help develop our knowledge and trust in Jesus.

THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSTRUSTEES REPORTFOR THE YEAR ENDED 3'I DECEMBER 2019

Pastoral CareSome members of our parish are unable to attend church due to sickness and age. The clergy and members of the

Pastoral Care Team have visited all church members who have requested it, to celebrate communion with them either

at their homes or in hospital. The Pastoral Care Team has continued to organise a rota of volunteers to visit all who

are sick or unable for any other reason to keep in touch with church life.

Ecumenical RelationshipsThe church is a member of Churches Together in Bolton. We hold a joint service in January each year. Mission

initiatives in the Town Centre such as Passion for Bolton are carried out on an ecumenical basis.

Financial ReviewTotal receipts on unrestricted funds were f134,257 of which f53,946 was unrestricted voluntary donations, and a

further f12,753 was from Gift Aid. Income from the car park, concerts and church usage by third parlies decreased

slightly from f48,901 in 2018 to f47,285 in 2019.

The planned giving through envelopes and banker's orders was similar to 2018 and it was good to see the use of Gift

Aid envelopes increased. The annual Gift Day appeal raised f8,494.

f137,085 was spent from the unrestricted funds to provide the Christian ministry from St. Peter's Church including the

contribution to the diocesan parish share (f51,500) which largely provides the stipends and housing for the clergy.

The sum that the churches in the Deanery have to find is shared between the churches according to a formula that is

based on parishioner income and a head count of the congregations. We have to find mors of the sum at St Peter' s

as the size and income of our congregation increased more compared with other churches. We have negotiated a 3

year arrangement with the Diocese which sees our Parish Share increase to f51,500 in 2019 and f55,000 in 2020.

The net result for the year was an excess of payments over receipts of f17,967 on unrestricted funds. There was a

reduction in bank and deposit balances during the year of f13,722. The restricted funds include the expenditure

relating to the PA system which has been recovered through a grant from The Markland Trust. Also included in

restricted funds are the Friends of Bolton Parish Church, the Tower and Flower funds and Sunday Morning Coffee

funds.The designated unrestricted funds are the newly formed Tuesday Group and the monies raised for the 2021

celebration.

Reserves PolicyThe PCC consider that they should hold six month's average expenditure in bank accounts and easily realisable

investments which has been achieved throughout the year. The PCC are in the fortunate position of being able to seek

financial assistance by way of grant or loan from the Markland Trust for major building works and therefore do not hold

any specific investments for this purpose. Funds are held in ethical investments.

VolunteersWe would like to thank all the volunteers who work so hard to make our church the lively and vibrant community that it

is. In particular we want to mention our churchwardens Canon Welsh & Miss Weston, the director of music Michael

Pain, the choir, bell ringers, flower arrangers, social committee, pastoral committee, tea and coffee servers, Sunday

School leaders and our cleaner Mrs Morgan. All of these have worked so tirelessly on our behalf.

Structure, governance and managementThe method of appointment of PCC members is set out in the Church Representation Rules. The PCC is a registered

with the Charity Commission (Charity Number 1135365).

The PCC has related Charities and Trust Funds which have been founded over the years to assist and provide financial

help to the Church when it is deemed to be needed by the Trustees of the various charities and trusts. These include

The Markland Trust, The James Ormrod Trust, The George Fairclough Trust, Bolton Relief ln Need Charity.

At St. Peter's the membership of the PCC consists of the incumbent (our Vicar), church wardens, the Lecturer and

Parish dergy and members elected by those members of the congregation who are on the electoral roll of the church.

All those who attend our services I members of the congregation are encouraged to register on the Electoral Roll and

stand for election to the PCC.

The PCC members are responsible for making decisions on all matters of general concern and importance to the parish

including how the funds of the PCC are spent. New members receive initial training into the workings of the PCC.

The full PCC met seven times during the year with an average attendance of 65%. Given its wide responsibilities the

PCC has a number of committees, each dealing with a particular aspect of parish life. These committees which include

THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSTRUSTEES REPORTFOR THE YEAR ENDED 31 DECEMBER 2019

pastoral, social, fabric and finance, ars all responsible to the PCC and report back to it regularly with minutes of their

decisions being received by ths full PCC and discussed if necessary.

Administrative InformationSt. Peter Bolton- Le-Moors is situated off Silverwell Street, Bolton. It is part of the Diocese of Manchester within the

Church of England. The correspondence address is St Peter's Parish Hall, Silverwell Street, Bolton BL1 1PS.The PCC

is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006) and a charity registered with the

Charity Commission.PCC members who have served at any time from January 1"2019 until the date this report was approved are:

Ex Officio MembersIncumbent: The Reverend Canon Dr Chris Bracegirdle

Clergy: The Reverend Moira SlackClergy: The Reverend Canon Professor Kenneth Newport

Clergy; The Reverend Barrie Gaskell

Clergy: Ths Reverend lan Hepburn (from 30w June 2019)Churchwarden & Deanery Synod: Canon John Walsh OBE

Churchwarden & Deanery Synod: Miss Evelyn Weston

Deanery Synod: Mrs Lesley EastermanDeanery Synod: Mr David Morlidge MBE

Deanery Synod: Mr Anthony SlackElected: Mr Graham C BurrowsElected: Mr lan Darbyshire (from 10s April 2019)Elected: Mr David EckersleyElected: Mr Alan ForrestsrElected: Mr Rodney FrayElected: Mrs Helen HaywoodElected: Mrs Sarah Hobson (from 10s April 2019)Elected: Mr Andrew Mitchell

Elected: Mrs Aimee Morris (from 10w April 2019)Elected: Mrs Rose-Marie NewporlElected: Ms Ann WarburtonElected: Mr Geoffrey WhalleyElected: Mr Trevor Whillas

Statement of Trustees responsibilities

The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with

applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial

Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting

Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each

financial year which give a true and fair view of the state of affairs of ths Charity and of the income and expenditure

of the Charity for that period. In preparing these financial statements, the Trustees are required to:

~ select suitable accounting policies and then apply them consistently;

~ observe the methods and principles in the Charities SORP;

~ make judgments and accounting estimates that are reasonable and prudent;

~ state whether applicable accounting standards have been fofiowsd, subject to any material departures disclosed

and explained in the financial statements, and

~ prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity

will continue in business.

The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at

any time the financial position of the Charity and enable them to ensure that the financial statements comply with the

Charities Act 2011, ths Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust

deed/constitution. They are also responsible for safeguarding the assets of the Charity and hence for taking

reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the PCC on ~.......I.~..'. .......... . .. and signed on their behalf by Rev'd Canon Dr Chris Bracegirdle (PCC1ii~, w

Chairman)

THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSINDEPENDENT EXAMINER'S REPORTTO THE PCC OF THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS

I report to the Trustees on my examination of the accounts of The Parish Church of St Peter Button-Le-Moors (the

Charity) for the year ended 31 December 2019, which are set out on pages viii to xxi.

Responsibilities and basis of report

As the Trustees of the Charily you are responsible for the preparation of the accounts in accordance with the

requirements of the Charities Act 2011('the Act').

I repoA in respect of my examination of the Trustee's accounts carried out under section 145 of the 2011 Act and in

carrying out my examination I have followed all the applicable Directions given by the Charity Commission under

section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with

the examination giving me cause to believe that in any material respect:

(1) accounting records were not kept in respect of the Charity as required by section 130 of the Act; or

(2) the accounts do not accord with those records; or

(3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set

out in the Chariqies (Accounts and Reports) Regulations 2006 other than any requirement that the accounts

give a 'true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention

should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed. ..d!Mi&...A.()~!r'Pe. . .... ... .

D.t. Zc. .u&Fu'. ......A. .WMr Simon Worswick BA FCA

R P Smith 8 Co Limited,

Chartered AccountantsHamill House112-116Chorley New Road,Bolton, BL1 4dH

THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSSTATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2019

Notes

Unrestricted Designated Restricted Endowment

Funds Funds Funds Funds

E E E E

Total2019

E

Total2018

E

income and endowments from:

Donations and legacies

Church activities

Activities for generating funds

income from investments

Total income

2(a)

2(d)

2(b)

2(c)

66,699

16,442

819 15 380

1,749

47,284

3,832

1,655 143

31

134,257 2,474 17,303

82,898 83,957

18,191 13,754

49,082 50, 129

3,863 3,722

154,034 151,562

Expenditure on:

Raising funds

Church activities

Total expenditure

Net income / (expenditure) before

investment gains/(losses)

Gains / (losses) on investment

assets

On revaluation

Net income / (expenditure)

9(c) 8,438

(9,529)

6(b) 15 139

6(a) 137,085

152,224

(17,967)

128

3,044

3,172

14,586

14,586

(698) 2,717

(698) 2 717

15 267 14 212

154,715 137,374

169,982 151,586

(15,948) (24)

167 8,605 (8,622)

167 (7,343) (8,646)

Transfers between funds

Net movement in funds

Fund balances at 1 January 2019

Fund balances at 31 December

2019

(9,529)

179,841 1,168 18,955

170,312 470 21,672

894 200,858 209,504

1,061 193,515 200, 858

(698) 2,717 167 (7,343) (8,646)

The breakdown of the 2018 figures between the unrestricted, restricted and endowment funds are in note 15 on

pages xvii-xxi.

THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSBALANCE SHEETAS AT 31 DECEMBER 2019

Notes 2019 2018

Fixed Assets

Tangible fixed assets

Investments

Total Fixed Assets

9(a/b)

15,755

173,330

189,085

12,027

164,725

176,752

Current Assets

Stocks

Debtors

Cash at Bank and in Hand

10 125

37,881

11,099

49,105

125

44,316

24,821

69,262

Current Liabilities

Creditors 12 44,675 45,156

Net Current Assets

Total Net Assets

4,430

193,515

24, 106

200,858

The Funds of the Charity

Endowment Funds

Restricted Funds

Designated Funds

Unrestricted Funds

Total Charity Funds

13

13

13

1,061

21,672

470

170,312

193,515

894

18,955

1,168

179,841

200,858

fu

The accounts were approved by the Parochial Church Council on „,„COto„andsigned on lie behalfbyV ocfo8e4 0

c4Chairman

Treasurer

THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSNOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 DECEMBER 2019

1 Accounting policies

1.1 Basis of preparationThe accounts have been prepared in accordance with the current Church Accounting Regulations together with the

accounting policies set out in the notes to the accounts and comply with the Charity's governing document, the

Charities Act 2011 and 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to

charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and

Republic of Ireland (FRS 102) (effective 1 January 2015)". The Charity is a Public Benefit Entity as defined by FRS

102.

The accounts have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required

to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for

charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to

in the Regulations, but which has since been withdrawn.

The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these

financial statements are rounded to the nearest f.

The financial statements have been prepared under the historical cost convention except for the valuation of

investment assets, which are shown at market value, The financial statements include afl transactions, assets and

liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their

main affiliation to another body, nor those that are informal gatherings of church members.

1.2 Going concernAt the time of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate

resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the

going concern basis of accounting in preparing the accounts. There are no material uncertainties about the Charity's

ability to continue.

1.3 FundsEndowment funds are funds, the capital of which must be maintained; only income arising from investment of the

endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the

endowment was established. The investments are held by the Manchester Diocesan Board of Finance.

Restricted funds represent (a) income from trust or endowments which may be expended only on those restricted

objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or

invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were

given. Any balance remaining unspent at the end of each year must be carried forwarded as a balance on that fund.

Unrestricted funds are general funds which can be used for PCC ordinary purposes.

Designated funds comprise of funds which have been set aside at the discretion of the PCC for specific purposes.

The purposes and uses of the designated funds are set out in the note to the accounts.

1.4 Incoming resourcesThese are included in the Statement of Financial Activities (SOFA) when:

1. the PCC becomes legally entitled to the benefit of use of the resources;

2. an inflow of economic benefit is probable; and

3. the monetary value can be measured with sufficient reliability.

1.5 Resources expendedLiabilities are recognised as soon as an outflow of economic benefit is probable.

Governance costs include costs of the preparation and examination of statutory accounts, the costs of Trustees

meetings and cost of any legal advice to trustees on governance or constitutional matters. Afl the governance costs

have been included in Church Activities as a whole rather than be apportioned.

1.6 Cash and cash equivalentsCash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments

with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in

current liabilities.

THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSNOTES TO THE ACCOUNTSEOR THE YEAR ENDED 31 DECEMBER 2019

1.7 StockStocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises

direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing

the stocks to their present location and condition. Items held for distribution at no or nominal consideration are

measured at cost.

1.8 Tangible fixed assets and depreciationConsecrated and benefice property is not included in ths financial statements in accordance with s.10 of the Charities

Act 2011.

Movable church furnishings are held by the Vicar and Church Wardens on special trust for the PCC and which require

a faculty for disposal are inalienable property, listed on the Church's inventory, which can be inspected by appointment

with the Church Wardens. For anything acquired prior to 2000 there is insufficien cost information available and

therefore such assets are not valued in the financial statements. Subsequently no individual items have cost more

than f1,000 so all such expenditure has been written off when incurred.

Equipment used within the church premises is depreciated on a reducing balance at 20% p.a. Individual items of

equipment with a purchase price of E500 or less are written off when the asset is acquired. Computer equipment is

depreciated at 25% straight line. The equipment purchased using restricted funds is depreciated at 20% straight line.

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently

measured at fair value at each reporting date. Changes in fair value are recognized in nst income/(expenditure) for

the year. Transaction costs are expensed as incurred.

2 Incoming resources

2(a) Donations and legaciesPlanned Giving

Gift Aid

Tax ReceivableOther GivingCollections —open plateGift DayGrants 2(e)Donations, appeals etcMaintenance Wall SafeDonated Car park facilities

UnrestrictedFunds

f

34,65112,753

6,3078,494

3,243251

1,000

DesignatedFunds

f

819

RestrictedFunds

E

13,2762,104

Total2019

f

34,65112,753

6,3078,494

13,2766, 166

2511,000

Total2018

E

32,96212,089

5,3368,819

15,7977,583

496875

66,699 819 15,380 82,898 83,957

2(b) Activities for Raising FundsCar Park IncomeSocial CommitteeOrgan & Music RecitalsChurch UsageTuesday GroupTower Fund

UnrestrictedFunds

E

38,242825

1,5926,625

DesignatedFunds

E

1,655

RestrictedFunds

f

143

To ta I

2019E

38,242825

1,5926,6251,655

143

Total2018

E

41,667932

1,8274,475

872356

47 284 1 655 143 49,082 50,129

Unrestricted DesignatedFunds Funds

f E

RestrictedFunds

E

Total Total2019 2018

f E

2(c) Income from Investmentsinterest and Dividends including tax recoverableBank charges refunded

3,832

3 832

31 3,863 3,722

31 3 863 3,722

THE PARISH CHURCH OF ST PETER BOLTON-LE-INOORSNOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 DECEMBER 20'l9

2(d) Income from Church ActivitiesBook of RemembranceFees paid to PCC for Weddings and Funerals

Bell RingersSunday Morning CoffeeVotive CandlesFlowersMagazineGuide Books

UnrestrictedFunds

f

14,4911,200

293

458

Designated Restricted TotalFunds Funds 2019

f F. f

14,4911,200

812 812293

937 937458

Total2018

f

309,3731,740

932194

1,028457

16,442 1,749 18,191 13,754

2(e) Grants receivedMarkland TrustMarkland Trust Choir & Organ ScholarChadwick Educational FoundationManchester Diocese

UnrestrictedFunds

f

RestrictedFunds

f

11,8481,236

192

13,276

Total2019

f

Total2018

f.

13,9861,014

120677

15,797

The grants received from The Markland Trust were for the PA system, roof repairs, new hymn books ths choir and

organ scholarships amounting to f13,084. The new PA system grant was f7,666 and the grant for the organ and

choir scholarships was F1,236. The grant for the roof repairs was f2,261 and the grant for the hymn books was

f1921.

3 Transactions with members of the PCC and related partiesThe Trustees donated monies amounting to f18,600 by way of weekly giving.

Bolton Parish Church Repair Fund is owed f40, 195 by the PCC. The Trustees who sit on the PCC as well as this

Charity are Rsv Canon Dr C Bracegirdle (the Vicar), A J Mitchell, Canon J Walsh OBE and E F Weston.

Bolton Relief in Need donated f1,500 to the PCC. The Trustees who sit on the PCC as well as this Charity are Rev

Canon Dr C Bracegirdle, A J Mitchell, E F Wsston and Canon J Walsh OBE.

The PCC paid Bolton Parish Educational Foundation f2, 000 for use of the Hall and its facilities during ths year. The

amount charged is in line with what would be charged to an external charity.

Ths Bolton Parish Educational Foundation donated use of one car parking space at the Church Hall to ths PCC for

Rev Canon Dr C Bracegirdle's use in his capacity as Vicar of Bolton Parish Church. The market cost of a car parking

space is f500 psr year and has been recognised as income and expenditure in the Statement of Financial Activities.

The Button Parish Educational Foundation also donated use of one car parking space at the Church Hall to the

Hulme's Bolton Lectureship Charity Estate who then donated it to ths PCC for the Lecturer's use. The market cost of

a car parking space is f500 per year and has been recognised as income and expenditure in the Statement of

Financial Activities. The Trustees who sit on the PCC as well as this Charity are Rsv Canon Dr C Bracegirdle, A J

Mitchell, Canon J Walsh OBE, A Slack and E F Weston.

The Markland Trust gave grants totalling f13,084 for the various items mentioned in note 2e. The Trustees who sit

on the PCC as well as this Charity are Rev Canon Dr C Bracegirdle, A Forrester, G Whallsy, A J Mitchell, E F Weston,

D J Eckersley and Canon J Walsh OBE.

The Chadwick Educational Foundation gave a grant of f191.The Trustee who sits on the PCC as well as this Charity

is Rev Canon Dr C Bracegirdle.

4 Employees / Key personnelThere were no employees during the year.


5 TrusteesNone of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity

during the year.

6 Expenditure on charitable activities

8(a) Church ActivitiesCharitable Giving 6(c)

SecularHome Missions

Ministry Parish ShareBellringers FeesParish Church Hall FeesChoir FeesDirector of MusicRelief OrganistsDonated Car Park FacilitiesChoir and Organ ScholarshipsChurch Running Expenses

ElectricityGasWaterInsuranceCleaning

Wedding & Funeral FeesLecturers Accommodation Allowance

Lecturers ExpensesVicarage ExpensesVicars ExpensesCurate ExpensesVerger FeesLicencesPetty Cash & SundriesPostage, Stationery & PhotocopyingSubscriptionsTelephoneUpkeep of ServicesChurch Maintenance

Repairs & ReplacementsOrgan and Piano MaintenanceDepreciation

FlowersChurch MagazinesTower Expensesindependent Examiners Fee2021 Celebration ExpensesBank charges

UnrestrictedFunds

E

3,02351,500

1,3582,0001,2936,9511,1201,000

2, 79916,555

3458,1372,8976,020

12,0001,1573,1411,876

6741,270

462227

96404229

2,738

4,7011,260

168146130168

1,200

40

DesignatedFunds

L

1,660

1,384

RestrictedFunds

8

3,063

1,750

1,921

2,261

3,7711,107

713

Tota I

20198

7,74651,500

1,3582,0001,2936,9511,1201,0001,750

2,79916,555

3458,1372,8976,020

12,0001,1573,1411,876

6741,270

462227

96404229

4,659

6,9621,2603,9391,253

130881

1,2001,384

40

Total2018

8

6825,276

50,0001,4402,0001,2766,9721,214

875500

2,39516,021

4347,8912,8604,256

12,0001,5293,8801,556

445173319335230

2,940

3,2411,0843,0071,161

13032

1,200

20

137,085 3,044 14,586 154 715 137,374

8(b) Fundraislng CostsCar Park Rates & ExpensesSocial CommitteeOrgan Music RecitalsTuesday Group

UnrestrictedFunds

8

13,280815

1,044

15,139

DesignatedFunds

8

128128

RestrictedFunds

8

Total2019

f

13,280815

1,044128

15 267

Total2018

8

12,499746840127

14,212

xi I 1

THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSNOTES TO THE ACCOUNTSFOR THE YEAR ENDED 3'I DECEMBER 2019

6(c) Charitable Giving2021 CelebrationBack Up North WestBibbys FarmBolton HospiceBolton Mountain RescueBolton NHS Charitable TrustBolton Parish Church SchoolChildren's SocietyChristian Aid

Church Army

City of Sanctuary BoltonCrohn's & Colitis UKDementia SupportEmmaus BoltonFortaliceHearing DogsHelp for HeroesJuvenile DiabetesManchester DioceseNorth West Air AmbulanceParkinsons UK

Royal British LegionTeenage Cancer TrustThe Dianne Oxberry TrustUrban OutreachYMCA Bolton

UnrestrictedFunds

8

300

723

500500500

500

3,023

DesignatedFunds

360250

300250250

250

1,660

RestrictedFunds

f

171133

192900863

162152196

193101

3,063

Tota I

20198

660250723171133

192900

1,363500500

300250250

162152196250500

193101

7,746

Total2018

245

166169256120789500500500

48

350259414697

187208

50500

5958

7 Tangible fixed assets

Cost or ValuationAt 1 January 2019AdditionsAt 31 December 2019

Furniture 8fittings

Unrestricted Fund8

37,816

37 816

Furniture &fittings

Restricted FundF

13,9867,666

21 652

Total

51,8027 666

59,468

DepreciationAt 1 January 2019Charge for the yearAt 31 December 2019

36,978168

37,146

2,7973,7716,568

39,7753 939

43,714

Net Book ValueAt 31 December 2019At 1 January 2019

670838

15 08411,189

15,75512,027

8 Cash at bank and in Hand

EndowmentRestrictedDesignatedUnrestricted

20198

6,447470

4,18211,099

20188

7,116735

16 97024,821

THE PARISH CHURCH OF ST PETER BOLTON-LE-IIOORSNOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 DECEMBER 2019

8.(a) InvestmentsUnrestricted held by MDBFConsolidated Legacy Fund

JPMF UK Strategic Income Fund35146 unitsCharifundCharibond Narrow Range

35,1463,5905,850

9 Fixed Asset investments for use by the PCCNominal

Value or Noof Shares

Cost

3,5465,3457, 170

50,15359,619

7,257

(3,234)8,496

106

Market Increase I

Value (Decrease)2019 in Value

F 8

MarketValue2018

6

53,38751,123

7,151

Unrestricted held by the PCCR C Winder COIF investment Fund 1,195.60

117,029

20 240 3,070 17,170

5,368 111 661

20,240 3,070 17,170

Restricted Endowment Funds(MDBF)St Peter Endowment CBF lnv Fund 111 513 1,061 167 894

9.(b) Painting held as investmentsThese have been valued at a professional appraisal figure which has

been used forinsurance purposesTotal Investments

1,061

35,000

173,330 8,605 164,725

167 894

35,000

9.(c) Unrealised gains/(losses) In investments and fixed assetsThis relates to the revaluation of investments held by or on behalf of the PCC, on an annual basis and is represented

by the difference between the opening and closing market values.

Unrealised gains/(losses) in unrestricted investments (MOBF)Unrealised gains/(losses) in unrestricted investments (General)Unrealised gain/(losses) in restricted investments

Total unrealised gains in the year

2019 20186 6

5,368 (8,120)3,070 (488)

167 148,605 8,622

10 Stock

Upkeep of Services

11 Debtors

2019 20186 6

125 125

20196

20186

Income Tax re: Giff Aid

Bolton Metropolitan Borough Council

Church Repair FundFuneral FeesMarkland TrustChurch Usage FeesCar Park Income

2, 186 1,920141 137

6, 1801,390

34,139 34,139480 550935

37 881 44 316

12 Creditors and accruals

Amounts falling due inside one yearUtilities accruedIndependent ExaminerChurch Repair Fund LoanWedding deposit

2019f

3,2801,200

40, 195

20188

3,1411,200

40,195620

XV

44 675 45 156


13 FundsEndowment FundsThese are trust fund investments held for the PCC by the Manchester Diocesan Board of Finance.

Restricted FundsTower FundFlower FundSunday Morning CoffeeFriends of Bolton Parish ChurchGrants 8 other donations

Designated Funds2021 CelebrationTuesday Group

To raise funds for the maintenance of items relating to the Tower

To raise funds for church flowersEach Sunday funds are collected for specific charities

To raise funds for ths renewal of sacred books and church artefactsGrants and donations for certain specific purposes

To raise funds for the 2021 celebration of when the church was built

To raise funds for various charities and for the Church

Funds

Balanceat 1

January2019

Income

Movement in funds

Expenditure Transferbetweenfunds

Balance at31

Revaluation December2019

Endowment Fund

Restricted —Tower Fund

Restricted —Flower Fund

Restricted —Sunday Morning CoffeeRestricted —Friends of Bolton ParishChurchRestricted —Grants 8 other donations

Designated Fund —2021 celebration

Designated Fund —Tuesday Group

Unrestricted Fund

Total Funds

8941,109

40319

5,409

142937812

76

7131107812

11,9541,3841,788

152,224

12,015 15,336735 819433 1,655

179,841 134,257200,858 154,034 169,982

167

8,4388,605

1,061538233

19

5,485

15,397170300

170,312193,515

14 Analysis of net assets between funds

Fund balances at 31 December 2019 arerepresented by:

UnrestrictedFunds

DesignatedFunds

RestrictedFunds

EndowmentFunds

Total

Tangible fixed assetsInvestmentsCurrent assetsCreditors: amounts falling due within one year

Unrealised gains included above:

On investments

5670

172,26942,048

(44,675)470

615,084

6,588

141,461141,461

170,312 470 21672

1,061

615,754

173,33049,106

(44,675)1,061 193,515

548 142 009548 142,009

Reconciliation of movements in unrealissdgainsUnrealised gains at 1 January 2019Nst gains on revaluations in yearUnrealised gains at 31 December 2019

133,0238,438

141,461

381 133,404167 8,605548 142,009

xvi

THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSNOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 DECEMBER 20'/9

15 Comparatlves for 2018Statement of Financial Activities

Notes

UnrestrictedFunds

E

Designated Restricted Endowment TotalFunds Funds Funds 2018

E E E E

Income and endowments from:

Donations and legacies

Church activities

Activities for generating funds

Income from investments

Total income

2(a)

2(d)

2(b)

2(c)

65,706

11,794

735 17,516

1,960

48,901

3,705

872 356

17

130,106 1,607 19,849

83,957

13,754

50,129

3 722

151,562

Expenditure on:

Raising funds

Church activities

Total expenditure

Gains I (losses) on investment assets

On revaluation

Net income / (expenditure)

7(c) (8,608)

(21,733)

6(b) 14,085

6(a) 129,146

143,231

127

682 7,546

809 7,546

798 12,303

14,212

137,374

161,586

(14) (8,622)

(14) (8,646)

Transfers between funds (370) 370

Net movement in funds

Fund balances at 1 January 2018

Fund balances at 31 December 2018

(22,103)

201,944

1,168

179,841 1,168

12,303

6,652

18,955

(14) (8,646)

908 209,504

894 200,858

UnrestrictedFunds

E

DesignatedFunds

E

Restricted TotalFunds 2018

E E

2(a) Donations and legaciesPlanned Giving

Gift Aid

Tax ReceivableOther GivingCollections —open plateGift DayGrants 2(e)Donations, appeals etcMaintenance Wall SafeDonated Car park facilities

32,96212,089

5,3368,819

5,129496875

73515,797

1,719

32,96212,089

5,3368,819

15,7977,583

496875

65,706 735 17,516 83,957

XVI I


15 Comparatives for 2018 continued

2(b) Activities for Raising FundsCar Park IncomeSocial CommitteeOrgan 8 Music RecitalsChurch UsageTuesday GroupTower Fund

UnrestrictedFunds

E

41,667932

1,8274,475

DesignatedFunds

E

872

RestrictedFunds

E

356

Total2018

E

41,667932

1,8274,475

872356

48,901 872 356 50, 129

2(c) Income from InvestmentsInterest and Dividends including tax recoverableBank charges refunded

UnrestrictedFunds

E

3,705

3,705

Designated Restricted TotalFunds Funds 2018

E E E

17 3,722

17 3,722

2(d) Income from Church ActivitiesBook of RemembranceFees paid to PCC for Weddings and FuneralsBell RingersSunday Morning CoffeeVotive CandlesFlowersMagazineGuide Books

UnrestrictedFunds

E

309,3731,740

194

457

RestrictedFunds

E

932

1,028

Total2018

E

309,3731,740

932194

1,028457

11,794 1,960 13 754

2(e) Grants receivedMarkland TrustMarkland Trust Choir 8 Organ ScholarChadwick Educational FoundationManchester Diocese

UnrestrictedFunds

E

RestrictedFunds

E

13,9861,014

120677

Total2018

E

13,9861,014

120677

15,797 15,797

xv In


15 Comparatives for 2018 continuedExpenditure on charitable activities

6(a) Church ActivitiesCharitable Giving 6(c)

Relief and DevelopmentSecularHome Missions

Ministry Parish ShareBellringers FessParish Church Hall FeesChoir FeesDirector of MusicRelief OrganistsDonated Car Park FacilitiesChoir and Organ ScholarshipsChurch Running Expenses

ElectricityGasWaterInsuranceCleaning

Wedding & Funeral FeesLecturers Accommodation AllowanceLecturers ExpensesVicarage ExpensesVicars ExpensesLicencesPetty Cash & SundriesPostage, Stationery & PhotocopyingSubscriptionsTelephoneUpkeep of ServicesChurch Maintenance

Repairs & ReplacementsOrgan and Piano MaintenanceDepreciation

FlowersChurch MagazinesTower ExpensesIndependent Examiners FesVicar's leaving giftBank charges

UnrestrictedFunds

6

2,57550,000

1,4402,0001,2766,9721,214

875

2,39516,021

4347,8912,8604,256

12,0001,5293,2501,556

445173272335230

2,940

3,2411,084

210322130

1,200

20

DesignatedFunds

682

RestrictedFunds

E

2,701

500

630

47

2,797839

32

Total2018

6

6825,276

50,0001,4402,0001,2766,9721,214

875500

2,39516,021

4347,8912,8604,256

12,0001,5293,8801,556

445173319335230

2,940

3,2411,0843,0071,161

13032

1,200

20129 146 682 7,546 137,374

6(b) Fundraising CostsCar Park Rates & ExpensesSocial CommitteeOrgan Music RecitalsTuesday Group

UnrestrictedFunds

6

12,499746840

14 085

DesignatedFunds

127127

RestrictedFunds

fTotal2018

6

12,499746840127

14 212

XIX


15 Comparatives for 2018 continued

6(c) Charitable GivingBolton Destitution ProjectBolton HospiceBolton Mountain RescueBolton NHS Charitable TrustBolton Parish Church SchoolChildren's SocietyChristian Aid

City of Sanctuary BoltonChurch ArmyYMCA BoltonHearing DogsRoyal British LegionCrohn's & Colitis UKFort AliceHelp for HeroesJuvenile DiabetesManchester DioceseTeenage Cancer TrustThird Space CafeTown Centre ChaplainBack Up North WestUrban OutreachWater Aid

UnrestrictedFunds

f

256

73500500500500

2451

DesignatedFunds

350

332

RestrictedFunds

f

166169

120716

18748

25982

697208

49

Total2018

8

16616925612078950050050050035018748

259414697208

24550

2,575 682 2701 5958

Analysis of net assets between funds

Fund balances at 31 December 2018 arerepresented by:

Tangible fixed assetsInvestmentsCurrent assetsCreditors: amounts falling due within one year

UnrestrictedFunds

f838

163,83160,328

(45, 156)

DesignatedFunds

1,168

RestrictedFunds

f11,189

7,766

EndowmentFunds

894

Tota I

12,027164,725

69,262(45,156)

Unrealised gains included above:On investments

179,841 1,168 18,955

133,023

894 200,858

381 133,404

Reconciliation of movements in unrealisedgainsUnrealised gains at 1 January 2018Net gains on revaluations in yearUnrealised gains at 31 December 2018

141,631(8,608)

133,023

395 142,026(14) (8,622)381 133,404


15 Comparatives for 2018 continuedFundsEndowment FundsThese are trust fund investments held for the PCC by the Manchester Diocesan Board of Finance.

Restricted FundsTower FundFlower FundSunday Morning CoffeeFriends of Bolton Parish ChurchGrants & other donationsDesignated Funds2021 CelebrationTuesday Group

To raise funds for the maintenance of items relating to the TowerTo raise funds for church flowersEach Sunday funds are cofiectsd for specific charitiesTo raise funds for ths renewal of sacred books and church artefactsGrants and donations for certain specific purposes

To raise funds for the 2021 celebration of when ths church was built

To raise funds for various charities and for ths Church

Funds

Balanceat1

January2018

Movement in funds

Transferbetweenfunds

Income Expenditure

Balance at31

Revaluation December2018

Endowment FundRestricted —Tower FundRestricted —Flower Fund

Restricted - Sunday Morning CoffeeRestricted —Friends of Bolton ParishChurchRestricted —Grants & other donationsDesignated Fund —2021 celebrationDesignated Fund —Tuesday Group

Unrestricted Fund

Total Funds

908785214

19

(32)(839)(932)

3561,028

932

875,322

312 (5,743)17,446735872

130,106(809)

(143,231)201,944209,504 151,562 (151,585)

370(370)

(14) 8941,109

40319

5,409

12,015735433

179,8418,608(8,622) 200,858

The Tuesday Group was originally included in Unrestricted Funds. It has been requested that it been shownseparately and therefore the balance brought forward has been transferred into a Designated Fund along with theincome and expenditure of the group

FOR THE YEAR ENDED 31 DECEMBER 2019

Documents

Transcript of FOR THE YEAR ENDED 31 DECEMBER 2019