i
|
Parish Church of St Peter South Weald
Annual Report and Financial Statements of the Parochial Church Council
----- Start of picture text -----
|
----- End of picture text -----
||
for the year ended 31st December 2022
|
Registered charity no. 1127815
----- Start of picture text -----
Lf
Tull
|
----- End of picture text -----
Vicar:
The Rev Jane Bradbury The Vicarage ‘ Wigley Bush Lane South Weald ° Essex CM14 5QP
Bank:
CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent. ME19 4JQ
:
Independent Examiner: Sally Laycock ACA
St Peter’s Church, South Weald
Annual Report of the Parochial Church Council for the Year Ended 31 December 2022
| Administrative information: St | Administrative information: St | Peter’s Church is situated in Weald Road, South | Peter’s Church is situated in Weald Road, South | Weald, Brentwood. It is part of |
|---|---|---|---|---|
| the Diocese ofChelmsford within the Church ofEngland. The correspondence address isTheVicarage, Wigley Bush Lane, South Weald, Brentwood CM14 5QP. The Parochial Church Council (PCC) is a charity registered with the Charity Commission. PCC memberswhohave servedfrom 1 January 2022 until the date this reportwas |
||||
| approved are: | ||||
| Ex Officio Members | ||||
| The Revd Jane Bradbury | _ Vicar | Michael Bitschiné | DeanerySynod | |
| Will Russell | Churchwarden | Pauline Davidson | ||
| Aileen Tyler | . | Sheila Hornsby | . | |
| Chris Luck | Diocesan Synod (from July 22) | Kerry Oldfield | ||
| Co-opted: Gill Bitschiné, Simon Tyler (toAPCM 2022) | ||||
| Elected Members: | ||||
| Katherine Ball | toAPCM 2022 | Daniel Grist | ||
| Neil Hornsby | “ | Andrew Hill | ||
| Tim Jaffa | “ | Katherine Hill | ||
| Adrian Latchu | “ | Lesley Newell | ||
| Felicia Onyechere | “ | |||
| Morag Bennett | Louise Bowyer _. fromAPCM 2022 |
|||
| Nigel Bennett | Ruth Carter | . | ||
| Andrew Binnell | Simon Tyler | = | ||
| Adrian Clark | Felicia Onyechere | fromAPCM 2022 fortwo years | ||
| AlanDawson | JohnBarnes | fromAPCM2022-Dec22 |
Structure, governance and management: Members of the PCC are either ex-officio, co-opted or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. PCC members are responsible for making decisions on all matters of general concern and importance to the parish. Given its wide responsibilities, the PCC has a number of committees, each dealing with a particular aspect of parish life. These committees, which look at worship, education, outreach, pastoral, environmental, finance and premises, are all responsible to the PCC and report back regularly with minutes of their meetings being received by the PCC members and discussed as necessary. The full PCC met six times during the year in the Belli Centre with an average attendance of 77%.
Objectives and activities: The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community. The PCC maintains an overview of worship and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament.
When planning our activities for the year, the incumbent and the PCC have considered the Charity Commission’s guidance on public benefit and the specific 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, prayer, learning about the faith and mutual support in their Christian journeys;
-
- support of our church voluntary-aided primary school; - provision of pastoral care for people living in the parish; - missionary and outreach work.
The PCC has adopted the following mission statement:
St Peter’s will value each individual and develop our church to reveal God to all.
Achievements and performance:
Jane continues as Vicar of St Peter’s and Priest in Charge for St George, with the two parishes being run separately. All COVID restriction were lifted by the Government in April 2022.
Worship: It was reported at the April APCM that there were 204 people on the electoral roll of which 121 lived outside the parish (59%). Although COVID restriction were lifted by the Government in April 2022, there has been ={-
a change to the way some things are done, eg, no processional hymns, Communion is bread only, not the Common Cup, and is given on the Chancel steps rather than the altar rail.
To assist with Jane conducting two moming services at two different churches, the third Sunday of the month is now a non-Communion lay led Service of the Word, without Jane. The Parish Breakfast occurs about every three months anda trial was undertaken to move the Service of the Word to 9.45 from 9.30 so there was more time after the 8.00 Communion service for the breakfast. Towards the end of the year some baptisms began to be held during the normal Sunday service.
Material from the Inclusive Church was used for the Lent course on issues of disability, gender, poverty, mental health and ethnicity. The PCC also voted to join Inclusive Church which is a network of churches, groups and individuals who do not discriminate against people on grounds of disability, economic power, ethnicity, gender, gender identity, learning disability, mental health, neurodiversity, or sexuality.
Two additional candle stands have been provided by Charles Ferris on permanent load. One is an ornamental tree shape now placed by the Remembrance Book stand and the other is a triangular shaped one, put at the back of church. The existing stand has been moved to the Memorial Chapel.
Pastoral: The June Patronal Festival weekend, with the theme Celebrating The Queen’s Platinum Jubilee — 70 years as Modern Elizabethans was very popular, especially as there were no COVID restrictions in place. £15,996 was raised for church and school funds. Other events taking place during the year included the Easter Meal, Autumn Fair, Harvest Lunch, Supper Quiz and Christmas Tree Festival. St Peter’s Church Facebook continued to be used extensively to update people on what was happening, together with the parish website and magazine. The charities supported in 2022 were Stand by Me, Changing Pathways and Thriftwood Scout Camp Site. There were also some food collections for CHESS, the Brentwood Food Bank and St George’s food hub.
Fabric: To facilitate our work in the parish, it is important that we maintain the fabric of the Church of St Peter with various repairs to the church’s fabric and ongoing maintenance of the Belli Centre being undertaken. Heavy rainfall continues to seep periodically through the roof and it is clear that the roof is deteriorating and needs major work and, probably, replacing. It has also been recommended that the oil fired boiler is replaced. A great deal of consideration has been given to how we heat the church, especially on how it affects the environment. Electric heated pew pads were considered, as well as other options including a biomass boiler. It was decided that a gas boiler will replace the oil fired one and this will be part funded by the Friends of St Peter's.
As the Font cover winch needed an annual inspection, it was decided to remove it and keep the cover permanently suspended several feet above the font by the chain fixed permanently to the roof. A lid to cover the font has been made. The Verger’s Cottage has been let for most of the year, but now needs work to combat the mould that continues to plague the cottage. Once this has been resolved it will be let with the guidance of our letting agent.
Safeguarding The PCC has adopted the House of Bishops Safeguarding Policy Statement and is working to implement the supporting policies and practice guidance.
Financial Review
Total receipts on the general fund were £132,909 and are detailed in the financial statements (see note 8). £113,956 was spent to provide the Christian ministry from St Peter’s Church, including the contribution to the diocesan parish share, which largely provides the stipends and housing for the clergy.
The net result for the year was an excess of income over expenditure of £18,953 and adding the deficit balance brought forward at the beginning of the year, the surplus balance carried forward at 31 December for the general fund was £46,259. The material surplus in 2022 was driven by the decision to write-back historic outstanding payments relating to the parish share as well as a reduction in the parish share in 2022.
It is PCC policy to maintain a balance on unrestricted funds (if possible), which equates to approximately four months’ unrestricted payments, to cover emergency situations that may arise from time to time.
Approved by the PCC on March 2023 and signed on its behalf by Rev'd Jane Bradbury
-2-
Parish Church of St Peter, South Weald
Annual Report 2022
Statement of Financial Activities
For the year ended 31 December 2022
| Unres- | Res- | Endow- | TOTAL | FUNDS | ||
|---|---|---|---|---|---|---|
| tricted | tricted | ment | ||||
| Note | Funds | Funds | Funds | 2022 | 2021 | |
| £ | £ | £ | £ | £ | ||
| INCOMEAND ENDOWMENTS | ||||||
| Donations and Legacies | 2(a) | 108,212 | 1,538 | 0 | 109,750 | 113,162 |
| Othertrading activities | 2(b) | 24,690 | 14,509 | 0 | 39,199 | 34,808 |
| Income from Church activities | 2(c) | 9,284 | 456 | 0 | 9,740 | 7,898 |
| Income from investments | 2(d) | 8,614 | 0 | 0 | 8,614 | 10,618 |
| TOTAL INCOMEAND ENDOWMENTS | 150,800 | 16,503 | 0 | 167,303 | 166,487 | |
| EXPENDITURE | ||||||
| Expenditure on Raising funds | 3(a) | 5,364 | 5,967 | 0 | 11,331 | 9,428 |
| Expenditure on Church activities | 3(b) | 110,785 | 8,335 | 0 | 119,120 | 143,187 |
| TOTAL EXPENDITURE | 116,149 | 14,302 | 0 | 130,451 | 152,615 | |
| NET INCOME/(EXPENDITURE) | 34,651 | 2,201 | 0 | 36,852 | 13,872 | |
| BEFORE INVESTMENT GAINS | ||||||
| NET GAINS ON INVESTMENTS | 0 | 210 | (3,623) | (3,413) | 4,021 | |
| NET INCOME/(EXPENDITURE) | 34,651 | 2,411 | (3,623) | 33,439 | 17,893 | |
| WRITE-BACK OF PARISH SHARE | 12 | 39,809 | 0 | 0 | 39,809 | 0 |
| NET MOVEMENT IN FUNDS | 74,460 | 2,411 | (3,623) | 73,248 | 17,893 | |
| BALANCES BROUGHT FORWARD | ||||||
| AT 1 JANUARY 2022 | 15,240 | 439,619 | 25,545 | 480,404 | 462,510 | |
| BALANCES CARRIED FORWARD | ||||||
| AT31DECEMBER2022 | 89,700 | 442,030 | 21,922 | 553,652 | 480,404 |
ee
Parish Church of St Peter, South Weald
Annual Report 2022
Balance Sheet
At 31 December 2022
| Note | 2022 | 2021 | |||
|---|---|---|---|---|---|
| £ | £ | ||||
| FIXED ASSETS | |||||
| Tangible fixed assets | 5(a) | 400,000 | 400,000 | ||
| Investment assets | 5(b) | 28,963 | 32,377 | ||
| 428,963 | 432,377 | ||||
| CURRENTASSETS | |||||
| Debtors | 10 | 4,046 | 2,656 | ||
| Cash at bank and in hand | 121,994 | 86,709 | |||
| 126,040 | 89,365 | ||||
| CREDITORS | |||||
| AMOUNTS FALLING DUEWITHIN ONEYEAR | 11 | 1,350 | 41,338 | ||
| NET CURRENTASSETS | 124,690 | 48,027 | |||
| NETASSETS | 553,652 | 480,404 | |||
| FUNDS | 6 | ||||
| Unrestricted | 89,700 | 15,240 | |||
| Restricted | 442,030 | 439,619 | |||
| Endowment | 21,922 | 25,545 | |||
| . | __.953,652 | ~ | 480,404 |
Approved by the Parochial Church Council on ZEA), WasQn 2o% Ss and signed on its behalf by
----- Start of picture text -----
( Hee" i
Rev Jane Bradbury (Chair) Simgn Tyler(Treasurer)
----- End of picture text -----
-4-
Annual Report 2022
Parish Church of St Peter, South Weald Notes to the Financial Statements For the year ended 31 December 2022
1 ACCOUNTING POLICIES
The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations’ “true and fair view” provisions, they have been prepared under FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP (FRS102)).
FUNDS The general funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted. The accounts include all 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 or those that are informal gatherings of church members.
CURRENCY PRESENTATION
The financial statements are prepared in £-sterling, which is the PCC’s currency of the jurisdiction of its administration.
INCOME AND ENDOWMENTS Voluntary Income and capital sources Collections are recognised when received by or on behalf ofthe PCC, Planned giving receivable under Gift Aid is recognised only — when received. Income tax recoverable on Gift Aid donations Is recognised when income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC Is notified of Its legal entittement, the amount due is quantifiable and Its ultimate receipt by the PCC is reasonably certain. The PCC's share of the net funds raised-by the Patronal Festival has been included in these financial statements.
Other income
Rental income from the letting of church premises is recognised on an accruals basis.
Income from investments
Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue.
Gains and losses on investments
Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of Investments at 31 December each year.
EXPENSES
Grants Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation to the PCC.
Activities directly relating to the work of the Church
The diocesan parish share is accounted for when paid. Any parish share unpaid at 31st December would be provided for in the accounts as an operational (though not legal) liability and would be shown asa creditor in the balance sheet after deducting any part of this liability that is deemed to be no longer payable by the PCC.
FIXED ASSETS Consecrated property and movable church furnishings Consecrated and beneficed property of any kind is excluded from the accounts by s10(2){a)} and (c) of the Charities Act 2011. Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church's Inventory which can be inspected (at any reasonable time). For inalienable property acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1 January 2000 are capitalised and depreciated in the accounts over their anticipated useful economic lives on a straight-line basis, All expenditure incurred in the year on consecrated or beneficed buildings, capital items under £1,000 or on the repair or replacement of movable church furnishings is written off.
ee
Parish Church of St Peter, South Weald
Annual Report 2022
Notes to the Financial Statements (continued)
For the year ended 31 December 2022
| 2 | INCOME AND ENDOWMENTS | ||||
|---|---|---|---|---|---|
| Unres- | Res- | TOTALFUNDS | FUNDS | ||
| tricted | tricted | ||||
| Funds | Funds | 2022 | 2021 | ||
| £ | £ | £ | £ | ||
| 2(a) | Donations and Legacies | ||||
| Planned giving | 78,085 | 0 | 78,085 | 66,295 | |
| Tax recoverable upon planned giving | 16,060 | 0 | 16,060 | 14,194 | |
| Other giving, including payroll giving | 2,201 | 0 | 2,201 | 5,139 | |
| Collections at services | 4,215 | 0 | 4,215 | 12,535 | |
| Donations | 6,203 | 1,266 | 7,469 | 7,846 | |
| Tax recoverable otherthan upon planned giving | 1,448 | 272 | 1,720 | 2,153 | |
| Legacies | 0 | 0 | 0 | 5,000 | |
| 108,212 | 1,538 | 109,750 | 113,162 | ||
| 2(b) | Othertrading activities | ||||
| Patronal Festival weekend | 13,287 | 13,287 | 26,574 | 29,195 | |
| Autumn Fayre | 1,124 | 0 | 1,124 | 1,042 | |
| Friends of St Peter's | 0 | 1,222 | 1,222 | 0 | |
| Belli Centre lets | 8,747 | 0 | 8,747 | 4,032 | |
| Other fundraising | 1,532 | 0 | 1,532 | 539 | |
| 24,690 | 14,509 | 39,199 | 34,808 | ||
| 2(c) | Income from church activities | ||||
| PCC Statutory Fees | 4,976 | 0 | 4,976 | 6,391 | |
| Fees for heating, video and surplus other fees, etc. | 1,096 | 456 | 1,552 | 689 | |
| Magazine | 0 | 0 | 0 | 77 | |
| Sales in church ofvotive candles, magazines, etc. | 200 | 0 | 200 | 150 | |
| Service refreshments | 365 | 0 | 365 | 56 | |
| Surplus on non-fundraising events | 2,647 | 0 | 2,647 | 535 | |
| 9,284 | 456 | 9,740 | 7,898 | ||
| 2(d) | Income from investments | ||||
| Dividends and interest | 532 | 0 | 532 | 262 | |
| Verger's Cottage rent | 8,082 | 0 | 8,082 | 10,357 | |
| 8,614 | 0 | 8,614 | 10,619 | ||
| TOTAL INCOME AND ENDOWMENTS | ___150,800 | _16,503 | _167,303 | _166,488 |
-6-
Parish Church of St Peter, South Weald
Annual Report 2022
Notes to the Financial Statements (continued)
For the year ended 31 December 2022
| 3 | EXPENDITURE | |||||
|---|---|---|---|---|---|---|
| Unres- | Res- | TOTALFUNDS | FUNDS | |||
| Note | tricted Funds |
tricted Funds |
2022 | 2021 | ||
| £ | £ | £ | £ | |||
| 3(a) | Expenditure on Raising funds Envelopes |
0 | 0 | 0 | 0 | |
| Patronal Festival | 5,289 | 5,289 | 10,578 | 9,040 | ||
| Other fundraising | 75 | 678 | 753 | 388 | ||
| 5,364 | 5,967 | 11,331 | 9,428 | |||
| 3(b) | Expenditure on Church activities | |||||
| Diocesan parish share | 1 | 77,099 | 0 | 77,099 | 106,200 | |
| Choir, organ and Director of Music | 5,038 | 0 | 5,038 | 5,099 | ||
| Cost of services | 916 | 0 | 916 | 1,948 | ||
| Sunbeams Parent and Toddler Group | 1,789 | 0 | 1,789 | 501 | ||
| Mission and training, inc. children's groups | 457 | 336 | 793 | 701 | ||
| Parish events | 321 | 0 | 321 | 50 | ||
| Charitable giving | 1,000 | 0 | 1,000 | 1,292 | ||
| Heating, lighting, insurance, cleaning, water | 13,071 | 0 | 13,071 | 11,884 | ||
| Maintenance and repairs | 8,064 | 0 | 8,064 | 3,943 | ||
| Working expenses of Incumbent | 0 | 0 | 0 | 0 | ||
| Vicarage - alarm, tractor mower, decor etc. | 464 | 0 | 464 | 448 | ||
| Verger's Cottage heating, lighting, insurance | 336 | 0 | 336 | 340 | ||
| Verger's Cottage repairs and maintenance | 1,639 | 0 | 1,639 | 0 | ||
| Administration | 161 | 0 | 161 | 704 | ||
| Magazine costs | 430 | 0 | 430 | 0 | ||
| Patronal Festival - school share of surplus | 0 | 7,998 | 7,998 | 10,077 | ||
| 110,785 | 8,334 | 119,119 | 143,187 | |||
| TOTALEXPENDITURE | 116,149 | 14,301 | 130,450 | 152,615 |
1 The parish share for 2022 was £70,099 and this was paid in full. It was agreed by the PCC that an additional amount would be paid towards the share in 2022.
~7 -
Parish Church of St Peter, South Weald
Annual Report 2022
Notes to the Financial Statements (continued)
For the year ended 31 December 2022
| 5 | FIXED ASSETS FOR USE BY | THE PCC | Freehold | Freehold | |||||
|---|---|---|---|---|---|---|---|---|---|
| land | and | Church | |||||||
| buildings | equipment | Total | 2021 | ||||||
| 5(a) Tangible fixed assets | £ | £ | £ | £ | |||||
| At 1 January2022 | 400,000 | 0 | 400,000 | 400,000 | |||||
| Revaluation | 0 | 0 | 0 | 0 | |||||
| Additions or disposals | 0 | 0 | 0 | 0 | |||||
| At 31 December 2022 | 400,000 | 0 | 400,000 | 400,000 | |||||
| The market revaluation was last undertaken | on the | 17th | December 2020 | by Joe Hayes at Balgores Estate | Agents. | ||||
| 5(b) Investment fixedassets | Unrestricted | Restricted | Endowment | ||||||
| Market value at 31 December2022 | Funds | Funds | Funds | Total | 2021 | ||||
| £ | £ | £ | £ | £ | |||||
| BLK Charities UK Bond Fund | 0 | 0 | 1,096 | 1,096 | 1,242 | ||||
| CDBF Funds | 0 | 7,041 | 20,825 | 27,866 | 31,135 | ||||
| 0 | 7,041 | 21,921 | 28,963 | 32,377 | |||||
| 6 | FUND DETAILS | Unrestricted/ | Restricted | Endowment | |||||
| Designated Funds | Funds | Funds | Total | 2021 | |||||
| £ | £ | £ | £ | £ | |||||
| General | 46,259 | 0 | 0 | 46,259 | (12,503) | ||||
| Fabric | 38,401 | 5,137 | 10,022 | 53,560 | 39,889 | ||||
| Forthe upkeep ofthe Church property | |||||||||
| Magazine | 425 | 0 | 0 | 425 | 426 | ||||
| Library | 48 | 0 | 0 | 48 | 48 | ||||
| Belli Centre Maintenance | 3,000 | 455 | 0 | 3,455 | 3,455 | ||||
| Sunbeams parent& toddler group | 183 | 0 | 0 | 183 | 179 | ||||
| Friends ofSt Peter's | 0 | 10,236 | 0 | 10,236 | 8,296 | ||||
| For the conservation and | |||||||||
| development ofthe church | building | ||||||||
| Belfry | 0 | 10,941 | 0 | 10,941 | 10,941 | ||||
| Residue from 1988 appeal | for bell | ||||||||
| restoration | |||||||||
| Churchyard | 0 | 4,753 | 4,752 | 9,505 | 10,142 | ||||
| For upkeep ofchurch graveyards | |||||||||
| Choir | 853 | 0 | 0 | 853 | 44 | ||||
| For expenditure relating to music | |||||||||
| Guild ofChange Ringers | 0 | 1,146 | 0 | 1,146 | 916 | ||||
| For costs relating to bells / | ringers | ||||||||
| South Weald Sanctuary Guild | 531 | 801 | 0 | 1,332 | 1,447 | ||||
| For costs relating to church flowers | ‘ | ||||||||
| Tithe Chancel | 0 | 7,041 | 7,148 | 14,189 | 15,632 | ||||
| For repairs to the Chancel | |||||||||
| Mothers’ Union | 0 | 156 | 0 | 155 | 124 | ||||
| Other | 0 | 1,364 | 0 | 1,364 | 1,367 | ||||
| Verger's Cottage | 0 | 400,000 | 0 | 400,000 | 400,000 | ||||
| 89,700 | 442,030 | 21,922 | 553,652 | 480,404 |
-8-
Parish Church of St Peter, South Weald
Annual Report 2022
Notes to the Financial Statements (continued)
For the year ended 31 December 2022
7 ANALYSIS OF NET ASSETS BY FUND
| Unrestricted | Restricted | Endowment | |||
|---|---|---|---|---|---|
| Funds | Funds | Funds | Total | ||
| £ | £ | £ | £ | ||
| Fixed Assets for Church use | 0 | 400,000 | 0 | 400,000 | |
| Investment Fixed Assets | 0 | 7,041 | 21,922 | 28,963 | |
| Current Assets | 91,293 | 34,746 | 0 | 126,039 | |
| Current Liabilities | (1,593) | 243 | 0 | (1,350) | |
| Fund Balance | 89,700 | 442,030 | 21,922 | 553,652 | |
| 8 | MOVEMENT IN UNRESTRICTED | FUNDS | |||
| General | Fabric | Other | Total | ||
| £ | £ | £ | £ | ||
| Incoming resources | 132,909 | 15,000 | 2,891 | 150,800 | |
| Resources expended | (113,956) | 0 | (2,193) | (116,149) | |
| Surplus/(deficit) for the year | 18,953 | 15,000 | 698 | 34,651 | |
| Write-back parish share | 39,809 | 0 | 0 | 39,809 | |
| Balances at 1 January2022 | (12,503) | 23,401 | 4,342 | 15,240 | |
| Balancesat31December2022 | 46,259 | 38,401 | 5,040 | 89,700 |
- 9 MOVEMENT IN RESTRICTED FUNDS
| Friends of | Friends of | Fabric | Other | ||
|---|---|---|---|---|---|
| St | Peter's | fund | Funds | Total | |
| £ | £ | £ | £ | ||
| Incoming resources | 2,619 | 0 | 13,884 | 16,503 | |
| Resources expended | (679) | 0 | (13,622) | (14,301) | |
| Surplus/(deficit) for the year | 1,940 | 0 | 262 | 2,202 | |
| Balances at 1 January 2022 | 8,296 | 5,131 | 26,192 | 39,619 | |
| Revaluation of investments | 0 | 0 | 210 | 210 | |
| Balances at 31 December2022 | 10,236 | 5,131 | 26,663 | 42,030 | |
| Fixed Assets for Church use | 400,000 | ||||
| Totalrestrictedfundsat31December | 2022 | 442,030 |
-9-
Parish Church of St Peter, South Weald
Annual Report 2022
Notes to the Financial Statements (continued)
| For | the year ended 31 December2022 | ||
|---|---|---|---|
| 10 | DEBTORS | 2022 | 2021 |
| £ | £ | ||
| Income tax recoverable | 3,836 | 2,446 | |
| Other | 210 | 210 | |
| 4,046 | 2,656 | ||
| 11 | CREDITORS | 2022 | 2021 |
| £ | £ | ||
| AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| Parish Share due current year | 0 | 0 | |
| Parish Share due prioryears | 0 | 39,809 | |
| Othercreditors | 1,350 | 1,529 | |
| Deferred income | —— | a | |
| 1,350 | 41,338 |
12 WRITE-BACK OF PARISH SHARE
In 2022 £39,809 relating to the Parish Share owed from previous years was written back (2021 - £0).
-10-
Eo CHARITY COMMISSION | Independent examiner's report on the (ae) FOR ENGLAND AND WALES accounts
Section A Independent Examiner’s Report
Report to the trustees/ members of Parish Church of St Peter South Weald On accounts for the year | 315’ December 2022 Charity no | 1127815 ended (if any) | report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 315" August 2021. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). | report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent | have completed my examination. | confirm that no material matters have examiner's statement Come to my attention in connection with the examination which gives me cause to believe that in, any material respect: e the accounting records were not kept in accordance with section 130 of the Charities Act; or e the accounts did not accord with the accounting records; or e the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. | 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.
----- Start of picture text -----
Name: | Sally Laycock
Relevant professional | Institute of Chartered Accountants in England and Wales - 9295793
qualification(s) or body
(if any):
Address: | 1 South Weald Rd
Brentwood, Essex
CM14 4QZ
----- End of picture text -----
a4
Parish Church of St Peter, South Weald Appendix
Unrestricted fund estimates for coming year
| Estimated | Actual | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Unrestricted | Unrestricted | ||
| Note | Funds | Funds | |
| £ | £ | ||
| INCOMEAND ENDOWMENTS | |||
| Donations and Legacies | 2(a) | 110,000 | 108,212 |
| Othertrading activities | 2(b) | 21,000 | 24,690 |
| Income from Church activities | 2(c) | 10,000 | 9,284 |
| Income from investments | 2(d) | 6,000 | 8,614 |
| TOTAL INCOMEAND ENDOWMENTS | 147,000 | 150,800 | |
| EXPENDITURE | |||
| Expenditure on Raising funds | 3(a) | 6,000 | 5,364 |
| Expenditure on Church activities | 3(b) | 110,000 | 110,785 |
| TOTAL EXPENDITURE | 116,000 | 116,149 | |
| NET INCOME/(EXPENDITURE) | 31,000 | 34,651 | |
| NET GAINS ON INVESTMENTS | 0 | 0 | |
| NET MOVEMENT IN FUNDS | 31,000 | 34,651 | |
| Friends of St Peter's Account | |||
| INCOME | 2022 | 2021 | |
| Subscriptions | 1,090 | 1,171 | |
| Events | -1,222 | 0 | |
| Income tax recoverable | 273 | 293 | |
| Other | 34 | 21 | |
| 2,619 | 1,484 | ||
| EXPENDITURE | |||
| Events | 679 | 0 | |
| 679 | 0 | ||
| SURPLUS OF INCOME OVER EXPENDITURE | 1,940 | 1,484 | |
| Total reserves at 1 January | 8,296 | 6,812 | |
| TOTAL RESERVESAT 31 DECEMBER | 10,236 | 8,296 | |
| comprising | |||
| Cash balance at 31 December | 9,671 | 8,004 | |
| Amount due in Gift Aid | 565 | 292 | |
| 10,236 | 8,296 |
Barry Knight, Treasurer
This page is for reference only and does not form part of the independently examined PCC annual report -Al-
Parish Church of St Peter, South Weald Appendix Patronal Festival Account
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | |||||
| INCOME | ||||||||
| Pre/postweekend | Concert | 798 | 153 | |||||
| Golf | 7,265 | 8,562 | ||||||
| Friday | Art preview evening | 32 | 0 | |||||
| Saturday - Fete | Sideshows and stalls | 4,256 | 3,042 | |||||
| Refreshments | 1,680 | 2,246 | ||||||
| Entrance | 398 | 397 | ||||||
| Fun run | 1,759 | 1,449 | ||||||
| Sunday | Stall at church | 116 | 0 | |||||
| Whole weekend | Refreshments church | 464 | 435 | |||||
| Art exhibition | 503 | 0 | ||||||
| Barbecue at The Bull | 300 | 335 | ||||||
| Church flowers | 1,560 | 1,283 | ||||||
| Church plate | 409 | 368 | ||||||
| Donations | 5,400 | 4,630 | ||||||
| Mega raffle | 595 | 352 | ||||||
| Ploughman's lunches | 444 | 93 | ||||||
| Tower | 116 | 21 | ||||||
| Gift Aid | 229 | 1,340 | ||||||
| programmes | Programmes- adverts | 0 | 4,239 | |||||
| Matched funding | 250 | 250 | ||||||
| 26,574 | 29,195 | |||||||
| EXPENDITURE | ||||||||
| Preweekend | Concert | 326 | 121 | |||||
| Golf | 5,758 | 5,488 | ||||||
| Friday | Art preview evening | 39 | 0 | |||||
| Saturday - Fete | Sideshows and stalls | 1,167 | 344 | |||||
| Refreshments | 890 | 1,304 | ||||||
| Sunday | Fun run | 803 | 636 | |||||
| Refreshments church | 20 | 12 | ||||||
| Whole weekend | Art exhibition | 115 | 0 | |||||
| Church flowers | 1,073 | 842 | ||||||
| Ploughman's lunches | 169 | 66 | ||||||
| General expenses | 218 | 227 | ||||||
| 10,578 | 9,040 | |||||||
| 15,996 | 20,155 | |||||||
| SURPLUS OF INCOME OVER EXPENDITURE | ||||||||
| ALLOCATION OF SURPLUS | ||||||||
| St Peter's Church | 7,998 | 10,077 | ||||||
| St Peter's School Association | 3,999 | ; | 5,039 | |||||
| St Peter's School | 3,999 | 5,039 | ||||||
| 15,996 | 20,155 |
----- Start of picture text -----
Katherine Ball, Treasurer
----- End of picture text -----
This page is for reference only and does not form part of the independently examined PCC annual report -A2al —— eee ——— ——— —— ee eee