for the year ended 31 december 2019
TRANSCRIPT
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.
THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSNOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 DECEMBER 2019
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
THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSNOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 DECEMBER 2019
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
THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSNOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 DECEMBER 2019
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
THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSNOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 DECEMBER 2019
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
THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSNOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 DECEMBER 2019
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
THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORSNOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 DECEMBER 2079
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