## |||Page| |---|---|---| |Trustees'
report||1-9| |Statement oftrustees'|responsibilities|10| |Independent
auditor's|report|11 - 13| |Statement offinancial|activities|14| |Balance sheet||15-16| |Statement
ofcash flows||17| |Notes to the financial|statements|18-38| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Restricted|Total|Unrestdcted|Restricted|Total| |---|---|---|---|---|---|---|---|---|---|---| ||||||funds|funds||funds|funds|| ||||Notes||2022
6|2022
6|2022f|2021
6|2021
8|2021| |Income and endow|||en|f||||||| |Donations
and||||||||||| |legacies|||||2,997,456|114,744|3,112,200|3,501,716|171,786|3,673,502| |Other trading||||||||||| |activities||||||105,832|105,832||153,251|153,251| |Investments|||||113,069|17,954|131,023|92,573|11,073|103,648| |Other income|||||683|801|1,484|6||6| |Total income|||||3,111,208|239,331|3,350,539|3,594,295|336,110|3,930,405| |KxgagdittttgJtg;||||||||||| |Raising funds|||||18,087|860|18,927|17,575|903|18,478| |Charitable
activities|||8||2,157,392|692,072|2,849,464|3,022,927|773,935|3,796,862| |Total expenditure|||||2,175,459|692,932|2,868,391|3,040,502|774,838|3,815,340| |Net gains/(losses)||on||||||||| |investments|||12||(355,843)|(14,585)|(370,428)|255,614|12,436|268,050| |Net incoming/(outgoing)||||||||||| |resources before||||||||||| |transfers|||||579,906|(468,186)|111,720|809,407|(426,292)|383,115| |Gross transfers||||||||||| |between
funds|||||(465,260)|465,260||(456,974)|456,974|| |Net movement|In|funds|||114,646|(2,926)|111,720|352,433|30,682|383,115| |Fund balances at 1 January||||||||||| |2022|||||4,695,574|561,198|5,256,772|4,343,141|530,516|4,873,657| |Fund balances|at|31||||||||| |December 2022|||||4,810,220|558,272|5,368,492|4,695,574|561,198|5,256,772| ## ## ## |||||2022||2021|| |---|---|---|---|---|---|---|---| ||||Notes|6|||| |Fixed assets|||||||| |Tangible assets|||14||403,909||402,981| |Investments|||15||3,195,076||3,579,400| ||||||3,598,985||3,982,361| |Current assets|||||||| |Debtors falling due alter one year|||16|217,300||260,250|| |Debtors falling due within one year|||16|393,402||493,523|| |Cash at bank and in||hand||2,116,180||1,786,974|| |||||2,726,862||2,540,747|| |Creditors:|amounts|falling due within|||||| |one year|||17|(740,055)||(1,006,086)|| |Net current|assets||||1,986,807||1,534,661| |Total assets less current liabilities|||||5,585,792||5,517,022| |Creditors:|amounts|falling due after|||||| |more than|one year||18||(217,300)||(260,250)| |Net assets|||||5,368,492||5,256,772| |Income funds|||||||| |Restricted|funds||19||558,272||561,198| |Unrestricted|funds||||||| |Designated|funds||20|724,744||305,027|| |General
unrestricted||funds||3,962,372||4,267,443|| |Revaluation|reserve|||123,104||123,104|| ||||||4,810,220||4,695,574| ||||||5,368,492||5,256,772| ## ## ## ## ||||||2022||2021|| |---|---|---|---|---|---|---|---|---| |||||Notes|||6|| |Cash flows from operating||activities||||||| |Cash generated
from operations||||25||186,679||412,292| |Investing|activities|||||||| |Purchase|oftangible fixed assets||||(2,411)||(2,825)|| |Purchase|ofinvestments||||(632,216)||(828,211)|| |Proceeds|from disposal of|investments|||646,111||316,921|| |Investment|income received||||131,023||103,646|| |Net cash|generated
from/(used||in)|||||| |investing|activities|||||142,507||(410,469).| |Net cash|used in financing|activities||||||| |Net Increase in cash and cash|||equivalents|||329,186||1,823| |Cash and|cash equivalents|at beginning||ofyear||1,786,974||1,785,151| |Cash and|cash equivalents|at end of||year||2,116,160||1,786,974| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |W
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O| |||CC||CO|CO| ## ## ## ## |||||2022|2021| |---|---|---|---|---|---| |||||f|6| |Support for ministry||||2,154,592|2,238,272| |Support for padishes||||116,731|779,124| |Support for other|church||pmperty|58,781|30,537| |Grants and other|financial||support|173,495|420,547| |Communications|and|publications||33,379|31,244| |||||2,536,978|3,499,724| |Share ofsupport|costs (see note 9)|||240,973|249,999| |Share ofgovernance||costs (see note 9)||71,513|47,139| |||||2,849,464|3,796,862| |Analysis
by fund|||||| |Unrestricted
funds||||2,157,392|3,022,927| |Restricted funds||||692,072|773,935| |||||2,849,464|3,796,862| ## ## ## |9|Supportcosts|Supportcosts||||||| |---|---|---|---|---|---|---|---|---| ||||Support|Governance|2022|Support|Governance|2021| ||||costs|costs||costs|costs|| ||||6|6||6||| ||Staff costs||211,146||211,146|207,619||207,619| ||Depreciation||1,464||1,464|1,429||1,429| ||Heat, Light and Water||6,002||6,002|2,219||2,219| ||Telephone,
fax and|||||||| ||internet||2,984||2,984|4,515||4,515| ||Printing,
Postage and|||||||| ||Stationery||2,908||2,908|3,144||3,144| ||Furniture|and computer||||||| ||expenses||6,484|||8,949||8,949| ||Equipment|leasing||||||| ||charges||4,423||4,423|5,354||5,354| ||Repairs and Renewals||1,982||1,982|11,261||11,261| ||Caretaker/Cleaning||1,706||1,706|4,441||4,441| ||Miscellaneous||1,874||1,874|1,068||1,068| ||Audit fees|||9,174|9,174||6,540|6,540| ||Legal and|professional||1,991|1,991||2,137|2,137| ||Diocesan|Insurance||6,074|6,074||5,526|5,526| ||Diocesan|Conference||||||| ||Costs|||883|883||373|373| ||Governing|Body||||||| ||Expenses|||25,931|25,931||5,946|5,946| ||Diocesan|Registrar||27,460|27,460||26,617|26,617| ||||240,973|71,513|312,486|249,999|47,139|297,138| ||Analysed|between||||||| ||Charitable|activities|240,973|71,513|312,486|249,999|47,139|297,138| ## ## ## ## ## |The average|monthly
number ofemployees
during the y|ear was:|| |---|---|---|---| |||2022|2021| |||Number|Number| |Employment|costs|2022|2021| |||E|8| |Wages and|salaries|227,572|204,168| |Social security costs||20,241|17,366| |Other pension costs||26,900|24,763| |Salary ofDiocesan Registrar||25,210|24,716| |Total Costs||299,923|271,013| ## |Net gains/(l|osses)
o|n Investments|||||| |---|---|---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |||funds|funds||funds|funds|| |||2022
6|2022
6|2022f|2021
6|2021
6|2021
6| |Revaluation|of||||||| |investments||(355,843)|(14,585)|(370,428)|255,614|12,436|268,050| ## ## ## |14|Tangible fixed assets||||| |---|---|---|---|---|---| ||||Freehold land|Fixtures and|Total| ||||and buildings|fittings|| ||||6|6|| ||Cost orvaluation||||| ||At 1 January 2022||400,000|10,113|410,113| ||Additions|||2,411|2,411| ||Disposals|||(6,451)|(6,451)| ||At 31 December 2022||400,000|6,073|406,073| ||Depreciation
and impairment||||| ||At 1 January 2022|||7,151|7,151| ||Depreciation
charged|in the year||1,464|1,464| ||Eliminated
in respect ofdisposals|||(6,451)|(6,451)| ||At 31 December 2022|||2,164|2,164| ||Carrying
amount||||| ||At 31 December 2022||400,000|3,909|403,909| ||At 31 December 2021||400,000|2,961|402,961| ## ## ## ## ## ||||| |---|---|---|---| |Fixed asset investments|||(Continued)| ||Listed|Cash in|Total| ||investments|portfolio|| ||8||| |Cost orvaluation|||| |At 1 January 2022|3,467,097|112,303|3,579,400| |Additions|632,216|(632,216)|| |Valuation changes|(370,429)||(370,429)| |Movement||(13,895)|(13,895)| |Disposals|(562,362)|562,362|| |At 31 December 2022|3,166,522|28,554|3,195,076| |Carrying
amount|||| |At 31 December 2022|3,166,522|28,554|3,195,076| |At 31 December 2021|3,467,097|112,303|3,579,400| ## |Debtors|||||| |---|---|---|---|---|---| |||||2022|2021| |Amounts|falling due within one year:||||| |Trade debtors||||361,347|373,490| |Other debtors||||32,055|120,033| |||||393,402|493,523| |||||2022|2021| |Amounts|falling due after more than||one year:|8|6| |Due from|Parishes re Provincial|Housing|Loans|217,300|260,250| |Total debtors||||610,702|753,773| ## ## ## ## ## ## ## |17|Creditors: amo|unts|falling due within one year||| |---|---|---|---|---|---| |||||2022|2021| ||||||6| ||Trade creditors|||10,892|(44)| ||Other creditors|||63,952|93,250| ||Accruals and deferred||income|665,211|912,880| |||||740,055|1,006,086| |18|Creditors: amounts||falling due after more than one year||| |||||2022|2021| |||||8|| ||Representative|body|loans|217,300|260,250| ## |||||||II|0|O(
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COlo| ## ## ## ## ||2022|2021| |---|---|---| ||6|6| |ylthin one year|3,602|2,946| |Between two and five years|5,772|7,620| ||9,374|10,566| ## ## |26|Cash generated
from operations|Cash generated
from operations||||2022f|2021
6| |---|---|---|---|---|---|---|---| ||Surplus for the year|||||111,720|383,117| ||Adjustments
for:||||||| ||Investment
income recognised|in statement||offinancial|activities|(131,023)|(103,646)| ||Fair value gains and losses on|investments||||370,428|(268,050)| ||Depreciation
and impairment
oftangible||fixed assets|||1,464|1,429| ||Movements
in working capital:||||||| ||Decrease in debtors|||||143,071|309,969| ||(Decrease)/increase
in creditors|||||(308,981)|89,473| ||Cash generated
from operations|||||186,679|412,292| ## ## |28|Analysis ofchanges|in net funds|||| |---|---|---|---|---|---| ||||At 1January|Cash flows|At 31December| ||||2022||2022| ||||6|6|8| ||Cash at bank and in hand||1,786,974|329,186|2,116,160| ||Loans falling due after more than one year||(260,250)|42,950|(217,300)| ||||1,526,724|372,136|1,898,860|