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2022-12-31-accounts

Charity Registration Number: 1127825

Also including linked Charity Registration Number 1127825-1

THE PARISH OF THE BOURNE

ANNUAL REPORT AND FINANCIAL STATEMENTS

YEAR ENDED 31ST DECEMBER 2022

THE PARISH OF THE BOURNE

INDEX TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST DECEMBER 2022

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PCC Information Page 1
Council Members’ Report Pages 2to1l
Independent Examiner's Report Page 12
Consolidated Statement of Financial Activities Page 13
Balance Sheet Page 14
Notes to the Financial Statements Pages 15 to
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Pages 15 to 21
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THE PARISH OF THE BOURNE
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Page 1
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PCCINFORMATION PCCINFORMATION
Principal Address The Parish ofThe Bourne
Parish Office
St Thomas’ Church
Frensham Road
Farnham
Surrey
GUS BHA
Parochial Church Council Members Members of the PCC are either ex-officio, co-opted or elected by the Annual
Parochial Church Meeting in accordance with theChurch Representative Rules
Elected members serve for a period of three years, Anewmembermust be proposec
and seconded to be able to serve on the council and must be registered on the electoral
roll ofthe parish. Thenumber ofpeopleon the electoral roll in May 2022 was 235
(231 in May 2021), PCC members are replaced as they retire
Ex-officio members ofthe PCC include deanery and diocesan synodmembers
churchwardens and clergy and lay ministers.
The PCCmay co-opt up to 2 members.
During the year the following served as members of the PCC;
Ex - officio members:
Clergy The Revd John Morris, Vicar& PCCchair (retired May 2022)
The Revd Sandy Clarke, Curate and PCC chair (appointed as chair December 2022}
The Revd Liz Lane, Curate (retired February 2022)
Licensed Lay Minister GeraldineMolony
Frances Garland
Viv Picken
Jane Quicke
Deanery Synod Representatives Yvonne Bryant
Janet Stephen (resigned during the year)
Debs Wilde
Churchwardens Michéle England (resigned duringthe year)
Patricia Goode (appointed during the year)
Peter Neukom
Elected PCC Representatives:
PCC Representatives : Mike Barter {resigned duringthe year)
Oavid Brown (resigned during the year)
Michael Cock (Treasurer)
Stewart Davidson (resigned during the year)
Frances Garland
Keith Newman
Martin Quicke
Jacqui Sellers (resigned during the year)
Brian White (resigned during the year)
Ann Williams
Jenny Grant
Nigel Lewis
Robert Horton {appointed during the year)
Geoff Hooker {appointed during the year)
Hilary Newman {appointed during the year)
Nigel Cuthbert (appointed during the year)
Viv Picken (appointed during the year)
Michele England (appointed during the year)
Janet Stephen (appointed during the year)
Jane Quicke {appointed during the year)
Co-opted: Ruth Moore
PCCSecretary : Nigel Lewis
Bankers: CCLA Investment Management Limited
The CBF Church of England Funds
80Cheapside
London
FC?V 6NZ
Lloyds TSB Bank PLC
75 Castle Street
Farnham
Surrey
GUS 7LT
Legal Advisers: Charles Russell LLP
Buryfields House
Bury Fields
Guildford
GU2 4AZ
Independent Examiners: Shaw Gibbs (Audit) Limited
Statutory Auditors
Wey CourtWest
Union Road
Farnham, Surrey
GU97PT

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THE PARISH OF THE BOURNE COUNCIL MEMBERS REPORT YEAR ENDED 31°* DECEMBER 2022

1. LEGAL STATUS

The Parish of The Bourne Parochial Church Council is registered with the Charity Commission, charity number 1127825, and forms part of the Diocese of Guildford. The PCC report also includes, with effect from 2014, the linked charity The Bourne Youth Trust, charity number 1127825-1. The PCC members are trustees of The Bourne Youth Trust.

2. AIMS AND PURPOSES OF THE PCC

The PCC has the responsibility of co-operating with the Incumbent in promoting, in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the churches of St. Thomas-on-The-Bourne and St. Martin by the Green and Brambleton Hall. The parish vision is: ‘Radiating God's love: transforming lives and communities’. The PCC believe that reaching out to those in its community — whether churchgoers or not — is essential to its underlying mission. The many activities listed in this report are open to all who wish to participate and the PCC believes that this fulfils the Charity Commission requirement to operate in the public benefit.

3. AIMS AND PURPOSES OF THE BOURNE YOUTH TRUST

The Bourne Youth Trust (BYT) has a range of objectives to serve the needs of children and young people within the area including youthwork, youth clubs, education and training. Bourne Youth Trust funds are invested, and interest and dividends earned during the year are transferred to the Bourne Parish Youthwork fund to enable the parish to support a range of activities with children and young people. This is in line with the BYT's objectives and is in the public benefit.

4. STRUCTURE, GOVERNANCE AND MANAGEMENT

The PCC meets every two months to oversee the financial affairs of the parish, the maintenance of its assets and to promote the mission of the church. A Standing Committee is responsible for and devolved decision-making between meetings; its members are Revd Sandy Clarke (chair) Peter Neukom and Patricia Goode (churchwardens), Michael Cock (treasurer) and Nigel Lewis (PCC secretary).

To widen participation and effectiveness the PCC has established a number of Working Groups to oversee day-to-day running of the parish’s activities; Buildings & Grounds, Children & Youth, Communications, Finance Stewardship & Administration, Environmental, and Worship and Spiritual Growth. Recommendations from the Working Groups requiring PCC approval are highlighted in reports sent to the PCC members prior to each PCC meeting.

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THE PARISH OF THE BOURNE COUNCIL MEMBERS REPORT YEAR ENDED 31°* DECEMBER 2022

Safeguarding

The PCC regards the safeguarding of children & vulnerable adults as a priority and pays due regard to guidance issued by the House of Bishops relating to it. No person included in a barred list (within the meaning of the Safeguarding Vulnerable Groups Act 2006) or convicted of an offence mentioned in Schedule 1 to the Children and Young Persons Act 1933 is allowed to serve as a member of the PCC, its Secretary or its Treasurer. Furthermore it is PCC policy that:

The PCC believes it has complied with its duty to have due regard for the House of Bishops’ guidance on safeguarding children and vulnerable adults under section 5 of the Safeguarding and Clergy Discipline Measure 2016. The parish’s safeguarding policy is available on the parish website and complies with Church of England arrangements introduced or modified in 2017 and 2018.

5. OBJECTIVES AND ACTIVITIES

The key objectives and activities of the PCC and the linked charity The Bourne Youth Trust are outlined below and serve the public interest through providing a broad range of services and activities to those in our local community:-

including:-

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THE PARISH OF THE BOURNE COUNCIL MEMBERS REPORT

YEAR ENDED 31°t DECEMBER 2022

During 2022 several activities in support of our mission and ministry continued in various forms.

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THE PARISH OF THE BOURNE COUNCIL MEMBERS REPORT YEAR ENDED 31° DECEMBER 2022

In 2022:-

° Assisting other charities to raise funds, in addition to fund-raising on behalf of the PCC. In 2022 this included:-

The PCC believes that reaching out to those in its community — whether regular churchgoers or not — is essential to its underlying mission. The many activities outlined above are open to all who wish to participate. The work of the PCC is made possible by the participation and commitment of many volunteers.

  1. ACHIEVEMENTS AND PERFORMANCE IN 2022

In 2022, specific objectives of the parish are listed below:

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THE PARISH OF THE BOURNE

COUNCIL MEMBERS REPORT YEAR ENDED 31°* DECEMBER 2022

The PCC was particularly pleased with the following outcomes:

The PCC was disappointed at the very slow pace of progress in the discussions with Waverley Borough Council on the transfer under a long-term lease of a small strip of land adjacent to Brambleton Hall. WBC staffing issues have severely limited progress.

The major decisions made by the PCC during 2022 are listed below:

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THE PARISH OF THE BOURNE COUNCIL MEMBERS REPORT YEAR ENDED 31° DECEMBER 2022

Ministry update

7. Objectives for 2023

The PCC has identified the following priorities for in 2023

8. Report on the deanery synod 2022

Farnham Deanery Synod held five meetings in 2022 and brief details of each follow.

The first meeting of the year was held on Tuesday 8 February at St James’ Church in Rowledge. The first agenda item was a review of how parishes and congregations continued to deal with, and be challenged by, the COVID pandemic. Many of the issues mentioned at the final meeting in 2022 were still affecting attendance. Parishes were:

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THE PARISH OF THE BOURNE COUNCIL MEMBERS REPORT YEAR ENDED 31°%* DECEMBER 2022

The second topic was the Deanery Strategy document and the formation of a leadership team. Development of the draft Work Programme for 2022-2023 issued at the previous meeting was paused because of the launch of the Parish Needs Process (PNP) and the resignation of the Area Dean. Work on the Deanery website was similarly paused.

The meeting closed with a presentation to the Revd Jane Walker, Vicar of Frensham, and Area Dean for the past six years.

The second meeting took place at All Saints’ Church in Crondall on Wednesday 27 April. The Archdeacon of Surrey, the Ven Paul Davies, attended on this occasion, as the first item on the agenda was the licensing of the Revd Richard Bodle, Vicar of Hindhead and Churt, as the new Area Dean. The second topic was the forthcoming Diocesan Mission Enabler Team event in July (see below).

The third agenda item was the Archdeacon’s talk on the structure and purpose of Deanery Synods as a leadership resource and knowledge base between the Diocese and parishes. He mentioned: new housing developments and opportunities for mission; challenges facing small rural parishes; collaborative efforts amongst parishes to generate an effective outcome that would be difficult, if not impossible, if undertaken in isolation; and mutual support. This was followed by group discussion

The third meeting was due to take place on Saturday 16 July but, because of a ‘Growing in Partnership’ event already planned for the Deanery at Hindhead on Tuesday 5 July, this meeting was cancelled. On 5 July, the Rt Revd Dr Jo Bailey Wells, Bishop of Dorking, introduced the revised Transforming Church, Transforming Lives (TCTL) framework and the Diocesan Mission Enabler Team then outlined the PNP as a mechanism for embedding TCTL in the parishes. Various speakers then highlighted particular aspects of TCTL and how parishes could implement them in their local settings by adjusting and refining their Church Development Plans (CDPs).

The Deanery PNP Vision/Strategy Day was due to take place on Saturday 10 September at Bordon, but it was cancelled because of the death of Her Late Majesty The Queen. It was then rearranged for Tuesday 27 September at St Mark’s Church in Upper Hale. The Diocesan Mission Enabler Team facilitated small group discussions to review CDPs and identify strengths and omissions in delivering TCTL.

The final meeting of the year took place at the Church of St John the Evangelist in Churt on Thursday 10 November. The only topic on the agenda was further reflection on the benefits of PNP and progress by parishes on the preparation needed to achieve the milestones on the Deanery timeline into the first quarter of 2023.

The three-year term of the present Deanery Synod comes to an end at the next round of Annual Parochial Church Meetings, which have to be held by 31 May 2023. Parishes are encouraged to fill their allocation of members as detailed in the Deanery Synod Handbook (page 8). Future meeting dates would be announced once the first evolution of PNP in the Deanery had been completed.

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THE PARISH OF THE BOURNE COUNCIL MEMBERS REPORT YEAR ENDED 31°* DECEMBER 2022

9. FINANCIAL REVIEW 2022

Incoming resources 2022

Total incoming resources for 2022 fell by £16,545 (5%) compared with 2021 to a total of £315,169. This was due to concerted fundraising campaigns for both specific projects and general funds in the previous year which had helped to offset declines in unplanned giving, charitable and trading activities caused by the COVID-19 pandemic.

Resources Expended in 2022

Total resources expended fell by £12,376 to £308,878 in 2022, a decrease of 4% vs 2021. Resources expended include a substantial depreciation charge on fixed assets (mainly property) of £28,894 in 2022.

Expenditure in 2021 was inflated by the imposition of a Community Infrastructure Levy (£32,865). Discounting this, general expenditure rose by £20k (7%) as the effects of the pandemic receded and parish activities started to resume. Restricted expenditure was boosted by the first choir tour for 3 years (£13k) and 9 months of salary costs for the Youth Minister, compared to 4 months in 2021.

Net incoming resources and cash flow 2022

Excluding investments, both income and costs decreased in 2022, resulting in a net surplus of £6,291; a decline of £4,169 compared to 2021. Excluding depreciation - mainly for buildings — there was actually a surplus of £31,185 in 2022.

The Bourne Youth Trust (BYT) 2022

BYT funds are shown separately in the statement of financial activities and in the statement of restricted reserves shown in note 17. Income from interest and dividends amounted to £10,590 in 2022.

Taking into account income, transfers, costs and unrealised capital losses on investments, the value of the BYT funds at year end were £305,071 — a decrease of 11.7% over the year.

Since January 2018, 75% of trust funds have been invested in shares in the CBF Church of England Investment Fund. This is a diversified portfolio which yielded 3.0% in 2022.

The remaining funds remain invested in the CBF Church of England Property Fund. In 2022, the fund’s yield was 5.1%.

Changes to fixed assets

A laptop for the Youth Minister and defibrillator installed at St Thomas’s were added to the Fixed Asset Register during the year.

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THE PARISH OF THE BOURNE COUNCIL MEMBERS REPORT YEAR ENDED 31°* DECEMBER 2022

Reserves

The parish currently holds monies on deposit to cover working capital and unexpected expenditure. The policy of the parish is to hold at least 3 months’ cashflow in reserve and current levels do not conform to this policy. In December 2022, reserves excluding legacies were equal to just 1.6 month’s cashflow, almost exactly the same as the previous year. Fundraising to restore reserves to at least the 3-month minimum level remains the priority for 2023.

Investments

The Bourne Youth Trust holds investments as outlined in the report above. These are held in custodian accounts by the Diocese of Guildford. Income is used to help fund the Bourne Parish Youthwork (BPY) initiative.

General

The financial statements comply with current statutory requirements, the requirements of the Statement of Recommended Practice and the Charity's governing document.

Thanks

Thanks are due to all the many volunteers who enable the work of the PCC to continue to thrive in our community. Special thanks in this report are due to those who contribute towards the financial administration and support of the parish, including Caz Cullum (accounts administrator), Tim Devis and Sarah Herbert (committed giving and Gift Aid administration), Ruth Moore (insurance), Nigel Cuthbert (Finance Group Chair) & Keith Newman (Finance Group Secretary).

10. COUNCIL MEMBERS’ RESPONSIBILITIES

The council members are required to prepare for each financial year, financial statements which give a true and fair view of the state of the PCC and of the results for the period. In preparing the financial statement the council members are required to:

The council members are responsible for ensuring proper accounting records are kept which disclose, with reasonable accuracy at any time, the financial position of the PCC. They are also responsible for safeguarding the assets of the PCC and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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THE PARISH OF THE BOURNE COUNCIL MEMBERS REPORT YEAR ENDED 31°t DECEMBER 2022

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wef lhe
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Signed in vols fh

Revd Sandy Clarke

Vicar Dated: Q2{ May 2023

Michael Cock ACMA Treasurer Dated: List May 2023

THE PARISH OF THE BOURNE

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REPORT OF THE INDEPENDENT EXAMINER TO THE COUNCIL MEMBERS OF THE PARISH OF THE BOURNE

Independent examiner's report to the PCC of the Parish of the Bourne

| report to the members of the PCC on the accounts of the charity for the year ended 31 December 2022.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. This has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on the after 1 January 2015.

Respective responsibilities of the PCC and the examiner

The members of the PCC are responsible for the preparation of the accounts. The members consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The PCC's gross income exceeded £250,000 and | am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales (ICAEW). It is my responsibility to: - examine the accounts under section 145 of the 2011 Act; - to follow the procedures laid down in the General Directions given by the Charity Commissioner under section 145(5)(b) of the 2011 Act; and - to state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commissioner. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as members concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below

Independent examiner's statement

| have completed my examination. | confirm that no 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 2011 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 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.

S G Morgan FCA Shaw Gibbs (Audit) Limited Statutory Auditors Wey Court West Union Road Farnham Surrey GU9 7PT Dated :

THE PARISH OF THE BOURNE

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CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST DECEMBER 2022

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2022 2022 2022 2022 2021
Restricted Unrestricted BYT Total Total
Funds Funds Funds Funds Funds
Notes £ £ £ £ £
Income from:
Donations and legacies 2 13,481 190,360 - 203,841 261,292
Charitable activities 3 - 20,902 : 20,902 11,972
Other trading activities 4 22,118 50,360 - 72,478 40,719
Investment income 6 10,764 753 - 11,517 10,140
Other income 5 228 6,203 - 6,431 Oat
TOTAL INCOMING RESOURCES 46,591 268,578 : 315,169 331,714
Expenditure from:
Charitable activities iA 32,567 276,311 - 308,878 321,254
TOTAL EXPENDITURE 32,567 276,311 - 308,878 321,254
Unrealised Gains / (Losses) on Investments 43 (1,921) : (40,507) (42,428) 44,787
NET (OUTGOING)/INCOMING RESOURCES 12,103 (7,733) (40,507) (36,137) 55,247
Transfers between funds 2,800 - 2,800 : ° 2
NET MOVEMENT IN FUNDS 14,903 (10,533) (40,507) (36,137) 55,247
Reconciliation of funds: AZ
Total funds brought forward 174,956 1,061,576 345,578 1,582,108 1,526,861
Total funds carried forward SN ee—y——————Ee——eEEyEL———————eeeeeeeeeeeen189,859 1,051,043 305,071 1,545,973 1,582,108
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The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derives from continuing activities.

THE PARISH OF THE BOURNE

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BALANCE SHEET
YEAR ENDED 31ST DECEMBER 2022
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|||||||||| |---|---|---|---|---|---|---|---|---| |Notes|2022|2021| |£|£|£|£| |Fixed|Assets| |Tangihle|Assets-PCC|Az|939,188|966,378| |Investments|13|319,543|361,971| |Total|Fixed|Assets|1,258,731|1,328,349| |Current|Assets| |Debtors|14|30,601|22,365| |CBF|Deposits|100,300|100,300| |CBF|Deposits-BPY|25,000|25,000| |CBF|Deposits-Choir|10,000|10,000| |Cash|at|Bank|103,977|69,392| |Cash|at|Bank-BPY|20,711|25,892| |Cash|at|Bank-Choir|9,287|8,851| |Total|Current Assets|299,876|261,800| |Liabilities| |Creditors:amounts|falling|due| |within one year|15|12,634|8,041| |Net|Current|Assets|287,242|253,759| |Total|Net|Assets|1,545,973|1,582,108| |The|funds|of|the|PCC:| |Restricted|Funds| |Balance|as|at|Ist|January|2022|$20,532|429,938| |Net|movement|in|funds|in|year|(25,602)|90,594| |Balance|as|at|31st|December|2022|iz|494,930|520,532| |Unrestricted|Funds| |Balance|as|at|1st|January|2022|1,061,576|1,096,923| |Net|movement|in|funds|in|year|(10,533)|(35,347)| |Balance|as|at|31st|December|2022|1,051,043|1,061,576| |Total|PCC funds|18|1,545,973|1,582,108|

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The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Signed A Cede Signed 6 ; TheVicar Revd Sandy Clarke TreasurerMichael Cock ACMA Vucheel 0X tock. Date: APS*2= + Date: ’2jI\O5\23CG f

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THE PARISH OF THE BOURNE
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NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST DECEMBER 2022
1. Accounting Policies
a) Basis of preparation
The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction
value unless otherwise stated in the relevant note(s) to these accounts.
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) . (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
and the Companies Act 2006.
The financial statements have been prepared to give a ‘true and fair’ view and 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 Charities SORP (FRS 102)
published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005
which has since been withdrawn,
The PCC constitutes a public benefit entity as defined by FRS 102
b) Linked Charity
The statement of financial activities and the balance sheet include the assets, liabilities, income and
expenditure of the charity and its linked charity Sourne Youth Trust.
¢) Funds
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. These include funds designated for a particular purpose by the PCC.
Oetails of the nature and purpose of restricted funds are shown in note 17 to the accounts, including the
separate funds held dy the linked charity,
a) Incoming Resources
Income is recognised when the charity has entitlement to the fund, any performance conditions attached to the item(s}
of income have been met, it is probable the income will be received and the amount can be measured reliably
Donations, Legacies and Similar Resources
i} Collections are included in the financial statements when received by or on behalf of the PCC
ii) Planned giving receivable under covenant is included in the financial statements only when received by the PCC.
iii) Income tax recoverable on covenanted and gift aid donations is included in the financial statements when the danation is received
iv} Legacy income is accounted for when receivable.
v) Grant income is accounted for when receivable
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Income from investments, including Interest received, is accounted for when due
e) Resources expended
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Costs of generated funds and governance costs are accounted for when payable.
f) Fixed Assets
Depreciation is charged in accordance with accounting standards and is calculated on a straight line basis for the following categories
of fixed assets:
Freehald Property - Over 50 years
Computer Equipment ~ Over 3 years
a) Investments
Investments are valued at their closing mid-market value at the Balance Sheet date Any gains or loss on revaluation is taken
to the Statement of Financial Activities.
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h) Taxation

As a qualifying charity, the PCC is not fiable to UK taxation

i) Operating leases - the PCC as lessee Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the lease term

THE PARISH OF THE BOURNE

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NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST DECEMBER 2022

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2022 2022
z Donations and legacies and legacies legacies Restricted Unrestricted BYT Total
£ £ £ £
Planned giving- tax efficient 180 38,588 - 38,768
Tax refunds via Gift Aid . 29,375 : 29,375
Planned giving - non tax efficient - 840 - 840
Collections (open piate) * 15,160 - 15,160
Parish giving scheme * 82,322 : 82,322
All other giving 12,545 7,544 - 20,089
Donations and appeals 756 16,531 : 17,287
Legacies - = . .
13,481 190,360 bd 203,841
2021 2021
Restricted Unrestricted BYT Total
€ i £ £
Planned giving - tax efficient 180 39,294 39,474
Tax refunds via Gift Aid 3,000 39,034 42,034
Planned giving - non tax efficient : 840 : 840
Collections (open plate) - 11,084 - 11,084
Parish giving scheme ‘ 77,786 < 77,786
All other giving S60 25,143 25,703
Donations and appeals 17,176 33,563 $0,739
legacies 5,000 8,632 - 13,632
a 25,916 235,376 261,292
2022 2022
Charitable activities Restricted Unrestricted BYT Total
£ € £ £
Magazines - - 3 .
PCC Fees : 20,902 : 20,902
a. 20,902 bd 20,902
2021 2021
Restricted Unrestricted BYT Total
€ € £ €
Magazines 1,360 1,860
PCC Fees ° 10,112 10,112
ea: 11,972 yy anand11,972
2022 2022
4 Other trading activities Restricted Unrestricted BYT Total
£ £ £ €
Hall rent s 25,208 : 25,208
Fund raising events 22,118 12,651 : 34,769
Flat rent * 12,501 Se 12,501
22,118 50,360 : 72,478
2021 2022
Restricted Unrestricted ByYT Total
€ € £ &
Hall rerit - 11,498 - 11,498
Fund raising events 14,152 7,237 - 21,389
Flat rent : 7,832 2 7,832
eee14,152 26,367 * 40,719
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z Donations and legacies and legacies legacies

ES Charitable activities

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THE PARISH OF THE BOURNE
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NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST DECEMBER 2022
2022 2022
8; Other income Restricted Unrestricted BYT Total
€ £ £ £
Grants Received - 3,300 - 3,300
Other income 228 2,903 - 3,131
Se228.00 6,203 : 6,431
2021 2021
Restricted Unrestricted BYT Total
£ £ £ £
Grants Received - 700 * 700
Government Grants . 6211 : 6.211
Other income : 680 = 680
E 7,591 r 7,591
2022 2022
& Investment income Restricted Unrestricted BYT Total
£ £ £ £
Interest from deposits & trusts SEea10,764 753 ° 11,517
2021 2021
Restricted Unrestricted BYT Total
£ € 2 £
Interest from deposits & trusts a,10,089 a : 10,140
2022 2022
KA Charitable activities Restricted Unrestricted BYT Total
£ £ £ £
Grants to charities (see note 8) 252 84 - 336
Activities directly relating to church activities (see note 9) 14,575 204,317 - 218,892
Church management & administration {see note 10} 17,740 71,910 - 89,650
ee IE32,567 276,311 : 308,378
2021 2021
Restricted Unrestricted ByT Total
£ £ € £
Grants to charities (see note 8) 1,752 84 1,836
Activities directly relating to church activities (see note 9} 2.877 225.641 - 228,518
Church management & administration (see note 10) 8.447 82,453 : 90,900
—————— 13,076 308,178 CY) 321,254
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THE PARISH OF THE BOURNE

THE PARISH OF THEOF THETHE BOURNE
Page 18
NOTES TOTHE FINANCIALSTATEMENTS
YEARENDED 31STDECEMBER 2022
8. Grantstocharities Restricted
€		 2022
Unrestricted
€		 8YT
£		 2022
Total
£
TheGrassroots Trust
Urban Saints		 =
252		 84 : 84
2s2
252 84 : 336
2021 2021
Restricted
€		 Unrestricted
£		 BYT
£		 Total
€
TheGrassroots Trust 84 84
Urban Saints 252 2 + 252
Choralandorgan scholarships 1,500 * - 1,500
1,752 84 1,836
2022 2022
g. Activitiesdirectlyrelatingtochurchactivities Restricted Unrestricted YT Total
€ £ £ £
Parishshare - 108,852 - 108,852
PCC fees payable to the diocese - 10,353 : 10,353
Ministry-clergyexpenses - 288 - 288
Ministry - clergy property costs - 14,375 * 14,375
Churchrunningexpenses - 20,865 : 20,865
Church maintenance 1,281 17,039 . 18,320
Church Events& Activities
Upkeep of services		 -
-		 661
3,618		 :
-		 661
3,618
Upkeep ofthechurchyard
‘StThomas Flatexpenses
Music
BPYexpenses		 -
-
.
331		 1,791
365
24,860
me		 :
:
:
:		 1,791
365
24,360
331
Choir Tour Expenses 12,963 * = 12,963
Outreach programmes - 1,250 - 1,250
14,575 204,317 . 218,892
2021 2021
Restricted Unrestricted @YT Total
f € € £
Parish share % 108,350 - 108,350
PCC fees payable to the diocese 7,460 7,460
Ministry -clergyexpenses $00 900
Ministry - clergy property costs - 15,000 - 15,060
Church running expenses ‘ 15,992 - 15,992
Church maintenance 990 12,126 . 13,116
Church Events & Activities 87 87
Upkeep of services 1611 1611
Upkeep ofthe churchyard 432 2,360 - 2,792.
Expenditure on Parish magazine - 1,735 - 1,735
St Thomas Flat expenses 34,432 - 34,432
Music
BPY expenses		 300
405		 23,775 24.075
40s
Choir Tour Expenses 750 5 : 750
Year ofMusicEvents 855 FE 855
Outreach programmes - 958 - 958
2,877 225,541 228,518

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8. Grants to charities
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THE PARISH OF THE BOURNE

Page 19
(NOTES TOTHE FINANCIAL STATEMENTS
YEAR ENDED 31STDECEMBER2022
10, Churchmanagement&administration Restricted 2022
Unrestricted		 BYT 2022
Total
£ £ £ £
Accountancy fees . 2,296 - 2,296
Bank Charges : 1,176 : 1,176
Dapreciation onFreeholdPropertyandOffice Equipment
Generaladministrationexpenses
Insurance		 20
5
-		 22,874
2,746
6,021		 -
:
:		 28,894
2,746
6,021
Office equipment & supplies : 4,103 * 4,103
Provision fordoubtful debts
Staffcosts		 17,720 . 796
25,975		 - . 796
43,695
Staff Recruitment Costs
StaffTraining		 =
-		 1,165
350		 =
=		 1,165
350
17,740 71,310 : 89,650
included within Church Management & Administration:
Independentexaminer'sfees for yearended 31December 2022 2,250 % 2,250
2021 2021
Restricted Unrestricted BYT Total
£ 3 € €
Accountancy fees * 2,074 : 2.074
Bank Charges . 979 - 979
Depreciationon Freehold Property and Office Equipment 20 28,311 = 28,331
General administrationexpenses 5,403 5,403
Insurance 3,747 5,747
Legal and professional fees . : - .
Officeequipment & supplies . 3,666 : 3,666
Provision for doubtful debts 7,380 7,380
Staffcosts 8,427 27,779 36,206
StaffRecruitment Costs 5 1,114 - 1,114
8,447 82,453 = 90,900
Included within Church Management & Administration;
Independent examiner's fees for yearended 31 December 2021 + 2,300 : 2,300
11, StaffCosts Restricted 2022
Unrestricted		 BYT 2022
Total
£ £ £ £
Wagesand salaries 17,340 43,267 * 60,607
Social security costs - 251 * 251
Other pension costs 380 1,206 = 1,586
17,720 44,724 = 62,444
2022 Total
Average statf numbers (full time equivalent);
Administrative staff 4 4
es
2021 2021
Restricted Unrestricted BYT Total
£ £ £ 4
Wages and salaries 8,333 41482 : 43,815
Social security costs - 24 : 24
Other pension costs 94 787 881
8,427 42,293 - 50,720
2021 Total
Average staff numbers (full time equivalent).
Administrative staff 3 3
Duringthe year expenses totalling ENil (2021; £972) were reimbursed tono (2021: 4) members and no remuneration was paid te paid te members of
thePCCineitheryear

11,

? e

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THE PARISH OF THE BOURNE
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Page 20

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NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST DECEMBER 2022
12. Tangible Fixed Assets
Freehold Office BPY
Property Equipment Equipment Total
£ € £ £
Cost
Cost as at 1st January 2022 1,269,775 29,751 12,210 1,311,736
Additions - 1,704 : 1,704
Cost as at 31st December 2022 1,269,775 31,455 12,210 1,313,440
Depreciation
Depreciation as at Lst January 2022 306,879 26,269 12,210 345,358
Charge for the year 25,013 3,881 28,894
Depreciation as at 31st December 2022 331,892 30,150 12,210 374,252
Net Book Value
As at 31st December 2022 937,883 1,305 : 939,188
As at 31st December 2021 ee962,396 3,482 ° eS966,373
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km Investments

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2022
£
Market Value
At L January 2022 361,971
Additions 7
Disposals =
361,971
Change in Market Vatue (42,428)
a319,543
Historic cost 172,934
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A summary of investments held by funds is as follows:

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Market
Value
2022
£
The CBF Church of England investment Fund — income shares 256,319
The CBF Church of England investment Fund {choir) - income shares 14,472
The CBF Church of Engiand Property Fund — income shares 48,752
319,543
Excluding the CBF Church of England Investment Fund (Choir) — Incame Shares shown above, investments are otherwise held in
the name of the Bourne Youth Trust
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14 Debtors 2022 2022
pce BYT Total
€ £ €
Income tax recoverable 11,850 - 11,850
Other debtors 9,231 . 9,231
Prepayments 9,520 : 9,520
30,601 > 30,601
2021 2021
PCC BYT Total
if € &
Income tax recoverable 9,000 : 9,000
Other debtors 13,365 * 13,365
LN [EEE] 22,365 bdEEE 22,365ed
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Page 21

THE PARISH OF THE BOURNE

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NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST DECEMBER 2022
15. Creditors PCC 2022 BYT 2022Total
£ £ £
PAYE & NIC 1,805 - 1,808
Other creditors 6.297 - 6,297
Accruals 3,132 = 3,132
Deferred income 1,400 - 1,400
a12,634 - 12,634
2021 2021
PCC BYT Total
€ E €
Other creditors 995 . 995
Accruals 6,214 > 6.214
Deferred income 832 : 832
— 8,041 : 8,041
16, Operating lease commitments
At 31 December 2022 the PCC had future minimum lease payments under non-cancellable operating leases as follows.
2022 2021
£ £
Not later than 1 year a=: $
AZ; Reserves
Unrealised gains
Balance as at 1st January 2022 resourcesIncoming Resources expended oninvestments fixed asset Transfers BalanceDecember as at 2022 31st
£ £ £ £ £ £
Restricted funds
Masindi 6,995 183 - : - 7,178
Brambleton Development fund 13,162 21,740 (1,281) : $ 33,621
8YT 345,573 : od (40,507) cS 305,071
BPY 52,450 10,590 (18,303) : * 44,737
Organ Scholar fund 20,393 547 - - 431 21,371
Choir Scholar fund 16,393 431 - (1,921) (431) 14,472
Choir Tour 8,851 13,100 (12,963) . 300 9,288
Garden of remembrance 599 : - . 2 599
‘St Martins 5,000 . : - 2,500 7,500
Other (inc! property) SU113 = (20) * : 51,093
Total Restricted funds gS520,533 46,591 (32,567) (42,428) 2,800 494,930
General Unrestricted Fund 999,276 258,035 (265,494) : (8,800) 983,017
Major Projects & Repairs Designated Fund 6,000 . (9,539) fe 6,000 2,461
Organ Repair & Maintenance Designated Fund 56,229 9,143 (28) - - 65,344
Year of Music designated fund " Z _ * ‘ 2
Outreach designated fund 72 1,400 (1,250) : s 222
Total Unrestricted funds 1,061,576 268,578 (276,312) - 2,800 1,051,043
e e e
—— 1,582,108 315,169 (308,878) (42,428) = 1,545,973
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The 8PY reserve funds are for The Bourne Parish Youth work initiative

The BYT is for The Bourne Youth Trust, this was formed on 22 February 2014 to hold the net sale proceeds from the sale of Bourne Hall separately from the church funds - net income from this fund is for the use of youth projects and activities in the church

The Choir Scholar Fund balance was invested in the CBF Church of England Investment Fund as only the interest from irivesting the capital can be disbursed.

Other restricted reserves relates to funds which have been received for a purpose specified by the donor in the church and the community

The General Unrestricted Fund mostly comprises fixed assets in the War Memorial & Centenary Expansion funds.

  1. Analysis of Net Assets between Funds

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2022
Restricted Unrestricted Funds Total
£ £ £
Tangible fixed assets 58,940 880,248 939,188
Fixed asset investments 319,543 ck: 319,543
Current assets 116,447 183,429 299,876
Creditors due within one year * (12,634) (12,634)
494,930 1,051,043 1,545,973
2021
Restricted Unrestricted Funds Total
£ € &
Tangible fixed assets 58,960 907,418 966,378
Fixed asset investments 361,971 . 361,971
Current assets 99,602 162,199 261,800
Creditors due within one year (8,041) (8,041)
a520,533 1,061,576 aE1,582,108
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