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|2023 the E|lders and Deacons were:|lders and Deacons were:|lders and Deacons were:|||
|---|---|---|---|---|---|
|Elders|Revd Kevin Newman|||||
||Andrew
Grimstone|||||
||John Phillips,|until|11~ May|||
||Shak Sulliman|(previously||a Deacon), from|5e May|
|Deacons|Alex Berry|||||
||Alan Bowyer,|from|11e May|||
||Andrew
Butt|||||
||Daniel Gomes,|until 14'' January 2024||||
||Andrew
Evans|||||
||Stewart Foster (observer elder)|||||
||Andrew
McKenna,||until 5|April||
||Nigel Paget|||||
||Fred Paton|||||
||Tim Shelley, from 11~ May|||||
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|the same as the Church|the same as the Church|trustees.||||||p|py||
|---|---|---|---|---|---|---|---|---|---|---|
|5.2
Details of Key||Advisors and|Service|Providers:|||||||
|Principal
Banker||Bardays|Bank pic,|1 North End,||Croydon||CR9 1SX|||
|Solicitors||Anthony|Collins|Solicitors|LLP,||134
Edmund|||Street,|
|||Birmingham,
B32ES|||||||||
|Independent|Examiners|Mazars LLP, 2"4 Floor, Two Chamberlain||||||Square,|Birmingham,||
|||B33AX|||||||||
|Architects||Robinson,|Kenning|ik Gallagher,||Airport||House,|Purley|Way,|
|||Croydon,|CRO OXZ||||||||
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|||||General
fang|Mission
fetid|Designated
fonda *|Endowment
fuad|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||(restricted)|||||
||||Notes|2023|2023|2023|2023|2023|2022|
|Jncame||||||||||
|Voluntary
income||||431,822|84,885|||524,771|584,345|
|Interest receivable||||455|716|||1,618|357|
|Income lyom church activities||||44,110||143,748||187,858|153,320|
|Total income||||476,387|85,601|152,259||714,247|738,022|
|Expendim re||||||||||
|Chmitable
activities||||||||||
|luiegraled
church|activities|||(440,354)|(59,640)|(140,473)|(21,984)|(662,451)|(595,859)|
|Grants paid and payable|||||(23,525)|(981)|-|(24rg)6)|(16530)|
|Interest payable|||||||||(5,047)|
|Total expendinue||||(440,354)|(83,165)|(141,454)|(21,984)|(686,957)|(617,436)|
|Nct iacomcl cx|nditure|before transfers||36033|2436|10 805|21 984|27 90|120586|
|Transfer between|funds||14|10,000||(10,000)||||
|Net movemeat
in|funds||23|46,033|2,436|805|(21,984)|27r290|120,586|
|Funds at I January||||183,857|56,290|1,900,731|791,424|2,932402|2,811,716|
|Fuads at 31Deccmbcr||||229 890|58726|I 901536|769440|2959592|~2932302|
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||||||General|Mission|Designated|||
|---|---|---|---|---|---|---|---|---|---|
||||||fund|fuad|funds|Total|Total|
|||||||(restricted)||||
|||||Notes|2023|2023|2023|2023|2022|
|Net cash flows bcforc Gift|Aid, interest aad rest|||23|(25,727)|(13,039)|328|(38,438)|13,367|
|GiR Aid recovered|||||72,485|18,174|26,451|117,110|82,931|
|Net cash Bows from operating
activities|||||46758|5 135|26779|70 672|96290|
|Cash flows from investing|activities|||||||||
|Rent received for 160High Street|||||16,000|||16,000|16,000|
|Purchase offixtures, fittings,|furniture|and|equipment||(67,333)|||(670333)|(23,851)|
|Interest received|||||455|716|447|1,618|357|
|Cash (consumed)/provided|by investing||activities||50878|7 6|«7|49 72|~7494|
|Cash flows from financing||||||||||
|Repayment ofmortgage
capital/Manse||loans|||||||(112,071)|
|Interest paid on mortgage|||||||||(4,527)|
|Repayment ofFaith Loan|||||||||(27,000)|
|Interest paid on Faith Loan|||||||||(1,087)|
|Cash used in financing
activities|||||||||144685|
|Increase/(decrease)
in cash|aad cash|equivalents|||(4,120)|5,851|27,226|28,957|(55,881)|
|Changes
in interfund
balances|||||(11,441)||11,441|||
|Incrcasc/(dccrcasc)
in cash|aad cash|equivalcats*|||(15,561)|5,851|38,667|28,957|(55,881)|
|Cash aad cash cqulvalcnts|at IJanuary*||||106,877|43,549|40,640|191,066|246,947|
|Cash and cash equivalents|at31Dcccmbcr*||||91316|49400|79307|2 0 020|7 066|
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|Trustees emoluments
an|d expenses||||
|---|---|---|---|---|
||||2023|2022|
|Senior Pastor:|Taxable financial|support|644,850|643,100|
||Social security costs||65,015|64,862|
||Pension costs||63,588|f3,412|
|Associate Minister —Music:
(trustee to 5 April)|Taxable financial
support
Social security costs||f9,247
8758|f30,501
f3,039|
||Pension costs||f714|61,825|
|Associate Minister:|Taxable financial|support|632,079|627,392|
||Social security costs||K3.228|X2,304|
||Pension costs||62,135|62,022|
|Assistant
Minister:|Taxable financial|support|623,400|814,850|
||Social security costs||81,315|81,296|
||Pension costs||61,872|81,160|
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||||Gsacral|Mission|Deslgaatcd|Endowment|||
|---|---|---|---|---|---|---|---|---|
||||fund|fund|fuads|capital|Total|Total|
||||2023|2023|2023|2023|2023|2022|
|10 Church fabric aad equipment|||||||||
|Utilities,|insurance
and cleaning||50,915||||S0,915|23,491|
|Ordinary|repairs, maintenance|and equipment|12,510||||12410|13,326|
|Repairs and refurbishment
Depnwiation|||9,025
10244||25,837|21 984|34,862
32,228|291
~26 884|
||||82 694||25 837|21 984|130rtIS|63992|
|and the new CCTV security sy|and the new CCTV security sy|stem (f10,069and f14,388r|stem (f10,069and f14,388r|espectively).||||
|---|---|---|---|---|---|---|---|
|11 Fcgowship and outreach||costs||||||
|Outreach
and hospitality||||8,262|2,830|11,092|16,938|
|Youth camps||||17,238||17,238|18,119|
|Open Week|||||||4,530|
|Jack and Jill Pre-School|(including||staff costs)||101,043|101,043|93,698|
|Subscriptions
and donations||||4,113||4,113|3,289|
|Literature
and ministry|trainng|||197|481|678|484|
|||||29810|104354|134,164|~137058|
|12 General support costs||||||||
|OAice aad information|technology||expenses|3,308|2,268|5476|5,413|
|Support training||||35|240|275|2,141|
|Other items||||484||484|758|
|||||3,827|2508|633S|~8312|
|below) based on an app|below) based on an app|roximate
a|llocation ofthe time oft|he oAice support staff.|||||
|---|---|---|---|---|---|---|---|---|
|13 Governaacc costs|||||||||
|OAice and|information|technology|expemm|1,103||306|1,409|1,443|
|Professional|fees|||2,705||6,730|9,435|5,432|
|Independent
Other items|Examiner|fee||2,100
138|775
105|275
463|3,150
706|3,122
~1634|
||||||880|7 774|14,700|11631|
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|CHRISTCHURCH
BANSTEAD
NOTES TOTHE FINANCIAL STATEMENTS|||||||
|---|---|---|---|---|---|---|
|for the year ended 31December 2023 (continued)|||||||
||General|Mission|Designated|Endowment|||
||fund|fund|funds|capital|Total|Total|
||2023|2023|2023|2023|2023|2022|
|15 Land and buildings|||||||
|At c6ut or valuation
on transfer|||||||
|Church site and buildings|||1,071,675|1,099,200|2,170,875|2,170,875|
|12Oakley Gardens
Accumulated
depreciation|||580,000
66 5|-
307776|580,000
3,4|580,000
~33246|
|Ner book value ar IJanuary|||1,605,000|791,424|2396,424|2,418,408|
|Depreciation
in year||||21 984|901|~298|
|Ner book value ar 3/ December|||605 NO|769
0|2574,ll0|2.396 24|
|At cost or valuation
on transfer
Accumulated
depreciation
Ner book value ar 3/ December|||1,651,675
46675
16050N|1,099,200
329760
69
0|297509875
3,010
25,0N|2 750875
~3544
396|
||Fixtures|||
|---|---|---|---|
||Fittings
Furaiturc 4|||
||Equipment|Total|Total|
||2023|2023|2022|
|16 Other tangible assets||||
|At cost
Accumulated
depreciation|96,801
65 083|96,801
0ON|72,950
~N02|
|Nel book value al / January|31,718|31,718|12,768|
|Disposals
in year|(4,007)|(4,007)||
|Additions
in year|84 561|NAN|23 85|
|Cost ar 3/ December|» 3|I 7359|6801|
|Depreciation
on disposals
Depreciation
in year|4,007
10244|4,007
10200|~INI|
|Net book va/ue ar 3/ December|06039|,ON|3
8|
|At I January|96,801|96,801|72,950|
|Disposal in year|(4,007)|(4,007)||
|Addtions
in year|84,565|84,565|23,851|
|Accumulated
depaw(ation|71 320|71820|65083|
|Ner book value al 3/ December|106039|106,039|31718|
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|Amounts|due to associated|funds|4,427||11,490|15,917|4,379|
|---|---|---|---|---|---|---|---|
|Other creditors and accruals|||31,135|2,775|1,601|35,S11|9,395|
||||35562|2 775|13091|1410|3774|
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|At the 2023 year end, the Church had a single f900/month|At the 2023 year end, the Church had a single f900/month|operating|lease commiunents|relating|relating|to properties|to properties|rented for|Ministry|staff(2022:f16,475 for|staff(2022:f16,475 for|
|---|---|---|---|---|---|---|---|---|---|---|---|
|four properties).
The decreased level oflease commitments||in 2023|reflects staff purchasing||and|sharing|accommodation||as wefl as the||termination ofleases|
|following
the departure ofstaty. Further properties|are being leased||to accommodate
the incoming|||replacement||staff and|their families.|||
||||Balance at||income||Expenditure||Traasfcr||Balance at|
||||31December||||||||31December|
||||2022|||2023||2023||2023|2023|
|22 Dcsignatcd funds||||||||||||
|Church organisstions/activities:||||||||||||
|Development
Fund|||1,855,956||30,864|||(32,944)|||131533176|
|Jack IflJill Prc-School|||40,685||116,859||(102,993)||(10,000)||440551|
|Other income and expenditme;||||||||||||
|GraniPom
Beaconflghr||||||1,225||(1,225)||||
|Benevolent Fund|||4,090|||||(981)|||3,109|
|Other specific church acilvl iles|||0 731||3310
02 258|||3310
141.453|0|M|~M35|
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||||||Gcacral|Missioa|Designated|Endowment|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||fund|fuad|funds|capital|Total|Total|
||||||2023|2023|2023|2023|2023|2022|
|23 Rccoacigatlon|ofnet movement||la funds to nct||||||||
|cash (outflow)/tallow||from operating||activities|||||||
|Net movement
in funds|||||46,033|2,436|805|(21,984)|27490|120,586|
|Adjustments
for:|||||||||||
|Tax recoverable|||||(74,656)|(14,641)|(1,373)||(90,670)|(111,010)|
|Interest receivable|||||(455)|(716)|(447)||(1,618)|(357)|
|Rent receivable|||||(16,000)||||(16,000)|(16,000)|
|Depreciation|||||10,244|||21,984|32v228|26,884|
|Interest payable||||||||||5,047|
|ecrease/(increase)|in other|debtors|and prepayments||700|747|||1,447|(893)|
|Increase/(decrease)|in other|creditors|snd accruals||8,407|(865)|1,343||8,885|(6,360)|
|Decrease in deferred income||||||||||(4,530)|
|Net cash flows before Gilt||Aid, intcrcst and rent|||25 727|13039|328||38438|13367|