St Luke's Church Eccleshill, Bradford, UK

Financial Statements
of the PCC for the year ended 31st December 2004.

forming part of the PCC Reports for the Annual Parochial Church Meeting.

PAROCHIAL CHURCH COUNCIL OF ST LUKE'S CHURCH, ECCLESHILL, BRADFORD: RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31.12.04

GENERAL FUND (UNRESTRICTED) RECEIPTS:	2004		2003
Incoming Resources from Donors:
Planned Giving	Ł 27479		Ł 24663
Cash Collections	3995		3454
Recovered Income Tax	4674	Ł 36148	4403	Ł 32520
Other Voluntary Income:
Autumn Fair	625		550
Donations	906		641
Grants & Legacies	*265		7226
Fundraising (inc Band Concert)	2606	4402	3104	11521
Charitable and Ancillary Trading:
Narthex Rent	1060		1030
Fees	1092		1444
Basement Rooms Rent	3547		4038
Magazine Sales & Adverts	2105		2165
Photocopying	40		23
Insurance Claim Refund	-	7844	922	9692
C of E Investment Fund	1	1	1	1
Total Receipts		48395		53734
GENERAL FUND (UNRESTRICTED) PAYMENTS:
Activities directly relating to the work of the church:
Diocesan Share (current year)	Ł35241		Ł32500
Diocesan Share (previous year)	5000		-
Clergy Expenses	-		-
Repairs & Renewals	1439		404
Cleaning (Wages)	780		780
Heat, Light and Water	3103		2101
Organ Maintenance	371		121
Insurance	1395		1305
Oil, Wine, Wafers & candles	70		85
Christian Copyright Music Licences	152		152
Postage & Stationery	76		146
Churchyard Expenses	3		247
Magazine Costs	1926		1482
Basement Costs	1503		2724
Sunday Club Materials	137		76
Display posters	96	51294	78	42201
Church Management and Administration:
Organist	1373		1389
Photocopying	59		235
Offertory Envelopes	103		115
Lectern Bible	-	1535	325	2064
Grants:
CMS	700		600
Bradford Soup Run	100		200
Leprosy Mission	100		200
Christians Against Poverty	100		200
ViTal	150
Churches Together in N Bradford	20	1170	20	1220
Total Payments		53998		45485

Excess of Receipts over Payments:	-5603		8249
Monies designated to A/C 454	-3401
Transferred from A/C 116	**19	-8985

Balance at 31.12 previous year		9813		1564
Balance at 31.12 current year		828		9813
NB: figures may not total exactly because of rounding errors. from the closure of two very old Yorkshire Bank Accounts. * as mentioned in a note in last year's accounts: the transfer took place on 31.12.03 but was not notified to us until after the accounts had been examined.
RESTRICTED FUNDS RECEIPTS AND PAYMENTS:
Charitable donations received and passed on to the charities concerned (in addtion to the grants made from PCC unrestricted monies, recorded above):
Sudan	Ł 89		246
CMS	20	109	75	321
STATEMENT OF ASSETS AND LIABILITIES
Holding Account Purpose of Fund	Balance 31.12.04	rec'd	paid	Balance 31.12.03
(Source)
New Buildings Fund A/C 116
New Parochial Buildings	39009	*1982	-	37027	R
(3 Hall Rd)
Building Repairs Fund A/C 117
Closure of A/C 335		2
Transfer to Current A/C			962
Transfer to Current A/C			641
Interest		*119
Total in Account	1408			2889	R
Diocesan Deposit A/C 122 "Ministry in the Parish" - now closed
(Funds from Church Urban Fund)	-	*1	25	24	R
Diocesan Deposit A/C 335 "Decoration" - now closed
(150th Anniversary Appeal)	-	-	2	2	R
Church & Churchyard Maintenance Trust A/C 441
(Illingworth Bequest)	528	*27	-	501	I
Building Maintenance Designated Fund A/C 454
(Illingworth Legacy)		3401
	3520	*119	-	-	D
Lloyds TSB (Hustlergate) Current A/C
General Fund (Unrestricted)	828	48396	53998	9813	U
Transfers from funds above		**19	3401
Building Maintenance Fund	-	641		- 641	R
Grant for Churchyard Bench	700	700
Total in accoun	1528			9172
* all these were additions of bank interest. **as mentioned last year
INVESTMENT TRUSTS

Gill Grave (Churchyard Maintenance)	2			2
CBF Shares for Investment Trusts	23			23

PCC's report on the finances of St Luke's Church Eccleshill.

The preceding four pages set out the receipts and payments from the church accounts over the year. We hope it is clear, and there are not so many complicating factors as there were for the previous year.

During 2003 the PCC had made an effort to rationalize the sums of money for restricted purposes held in Diocesan Deposit Accounts, and to move to a position where we held only two such accounts:

a New Buildings Fund, containing only the remainder of the proceeds of the sale of 3 Hall Road to Bradford Diocese; and
a Building Maintenance Fund, containing all monies which have been given during appeals for such purposes as roof repairs, building redecoration, refurbishments and the like.

Because of the addition of extra interest this position had not been achieved in 2003, but the process was completed in 2004. However, two extra accounts have had to be opened: one in 2003 to hold the Illingworth Investment Trust for the churchyard, and one this year to hold money from Kathleen Illingworth which the PCC has designated (but is not actually restricted by the terms of her will) for building maintenance.

At the start of 2004, Ł5,000 was paid towards the Parish Share outstanding for 2003. Although this did not bring our total to the amount requested by the diocese, the PCC considers that it has paid the correct amount for that year. The Calverley Deanery Standing Committee is in the process of trying to persuade the Diocesan Board of Finance to write off so-called share "arrears" for 2001-2003.

The variation in the gas bill figure is because of a previous mistake by npower in billing, which came to light in Spring 2004. We are confident that the true position is now established. The rise in magazine costs is mostly because of the payment of 3-years worth of "Bradford Diocesan News" insets (the middle pages). Schools Out are using the basement for 4.5 hours per school day instead of 5 (so their rental has dropped 10%). The decrease in church fees is mainly because of the smaller number of weddings in church (which were not offset by the rise in the number of funerals, as the statutory fees for funerals are much lower than those for weddings).

Church members will notice that the bench has now been installed in the churchyard, and the excess of the grant will be repaid to the donor organisations.

Independent Examiner's Report to the PCC of St Luke Eccleshill.

This report on the accounts of the PCC for the year ended 31.12.04 which is set out on the preceding five pages is in respect of an examination carried out under Regulation 3(3) of the Church Accounting Regulations 1997 and s43 of the Charities Act 1993.

As members of the PCC you are responsible for the preparation of the accounts; you consider that the audit requirement of Regulation 3(3) of the Church Accounting Regulations 1997 and section 43(2) of the Charities Act 1992 do not apply. It is my responsibility to issue this report on those accounts in accordance with the terms of Regulation 25 of the Church Accounting Regulations 1997 and Regulation 7 of the Charities (Accounting and Reports) Regulations 1995.

My examination was carried out in accordance with the General Directions given by the Charity Commission under section 43(7)(b) of the Act and found in the Guidance from the CBF. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required of an audit, and consequently I do not express an audit opinion on the view given by the accounts.

In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 41 of the Act and to prepare accounts which accord with the accounting records and to comply with the requirements of the Act, as also contained in the Church Accounting Regulations 1997, have not been met; and no matter has come to my attention to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

SIGNED

(The rather cumbersome wording above is a requirement of the "The Charities Act 1993 and the PCC", and is taken from the model example on p58.)