## The Ecclesiastical Parish of ALL SAINTS WESTON Annual Report & Financial Statements of the Parochial Church Council for the year ended 31st December 2022 Registered charity number 1127844 ## **The Parochial Church Council of the Ecclesiastical Parish of All Saints Weston** |**Contents**|**Page No**| |---|---| |Legal and Administrative Information|1| |Structure, governance and management|2| |Objectives and activities|2| |Achievements and performance|| |Church attendance|2| |Administration|3| |Youth|3| |Review of the year|3| |Financial Report|4| |Current Financial Position|6| |Investment Policy|6| |Reserves Policy|6| |Risk Assessment|6| |Statement of Financial Activities|7| |Notes to the Financial Statements|8| |Independent Examiner’s Report to the Trustees|
14| **The Parochial Church Council of the Ecclesiastical Parish of** **All Saints Weston** ## **Annual Report for the year ended 31[st] December 2022** ## **Legal and Administrative Information** All Saints Church is situated in Chestnut Avenue, Weston Green, Esher. It is part of the Diocese of Guildford within the Church of England. The correspondence address is The Parish Office, Parish Church of All Saints Weston, Chestnut Avenue, Esher, Surrey KT10 8JL. The Parochial Church Council of the Ecclesiastical Parish of All Saints Weston (“the PCC”) is a charity registered with the Charity Commission. PCC members who have served from 1st January 2022 until this report was approved have been: |Incumbent|The Revd. Shane Wood (on sick leave until he left on 31.7.22)| |---|---| ||The Revd Richard Rugg (from 27.10.22)| |Wardens|Charles King| |Elected Representative|Kathryn Davies| |on the Deanery Synod|| |Elected Members|Karen Bowles| ||Cloe Dwelly| ||Alison Cruthers| ||Joy Tilbury| ||Gordon Wratten| ||Eric Craig| ||Louise Lewis| ||Kathryn Davies| |The APCM|held on 22 May 2022, live and online| |Church Administrator|Manned by volunteers| |PCC Minute Secretary|Joy Tilbury| |Bankers|National Westminster Bank PLC| ||73 High Street| ||Walton-on-Thames| ||Surrey KT12 1DW| ||CAF Bank Ltd| ||25 Kings Hill Avenue| ||Kings Hill| ||West Malling| ||Kent ME19 4JQ| |Independent Examiner|
David Wall FCCA| ||20 Springfield Road| ||Ash Vale, Aldershot| ||Hampshire, GU12 5EN| 1 ## **Structure, governance and management** The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. The PCC operates four sub-committees – Finance, Mission, Pastoral Work and Children & Youth, A Social committee operate separately with an ex-PCC member leading. Without a vicar for most of the year, and with only one churchwarden, other jobs are done by individuals. We do not currently have a Safeguarding Officer, and notices in church, the church hall and website direct concerns directly to the Diocese. There is also a Standing Committee of the PCC – four members plus the vicar. ## **Objectives and activities** The incumbent, together with members of the PCC, has the primary duty within the parish of promoting the whole mission of the church, spiritual, pastoral, evangelistic, social and ecumenical amongst all the people in the parish. In so doing we meet the Charity Commission guidelines on public benefit. All Saints Weston’s Mission Statement has proved very popular and continues to be ‘To be a blessing to our community by weaving the stuff of life with the story of God’. The PCC in conjunction with the Vicar and the Churchwardens is also legally responsible for all parish finance, the fabric of the church and church hall and related matters. Maintaining the fabric of the church and hall is an important part of our outreach. ## **Achievements and performance** ## **Church attendance** The Electoral Roll officer was Joy Tilbury. The roll was presented at the APCM with 119 people on the roll, 5 had been removed and no one added. 45 live outside the parish. The average weekly attendance was 45 (51 – year ended 31.12.21) – as reported in Guildford ‘Statistics for Mission 2022’) In addition, there were 13 baptisms (4 in 2021), 1 wedding (2 in 2021), 1 interment (6 in 2021), 8 funerals (2 in 2021). Our preaching support has included one Lay Preacher during the year and we have two Pastoral Assistants. ## **Administration** The PCC met 7 times in 2022, in persona and online. Without the ongoing presence of the vicar for most of the year, we have found it difficult to recruit sufficient volunteers to maintain our supporting teams, however this was less important during church closures with projects having been postponed. We have been indebted to all the members of the PCC and their hard work. 2 ## **Children and Young People** Heike Heath has been running two toddler groups in the past year. Fun Saints, the Stay and Play group, on Mondays, is well established and generally busy. Special events like the Christmas party are especially popular. We’re continuing to grow Fun Saints and hope to recruit additional volunteers to help with craft activities, welcoming people and other tasks. Unfortunately, SmAll Saints, the Thursday play group which includes a very short toddler service at the end has not gathered momentum and remained at a very low level of attendance, with no more than 3 children and their carers at any point. This was most likely due to two very popular play groups running in the area at the same time. It has been decided to stop the Thursday group and develop a different type of group in that slot instead, focusing on babies under a year and mums-to-be in 2023. All Saints Youth Group amalgamated with St Nicholas Church, Thames Ditton in September 21 and has been led by Revd Andrew Cowie and a group of Volunteers including members of the PAIS team - (A Church programme sponsoring young Christian Volunteers from the UK and abroad). We have had a maximum of 15 children aged 11 - 17 from both Church communities. We meet alternate Sundays - once a month at Colet’s Sports Club - a neutral venue, and once a month at the Church Hall which has been kitted out as a Youth Hang out with games and bean bags. We plan to run Youth Alpha soon and hope to take the children away for a weekend on a Christian Camp in the Summer. We recently held a very successful combined Youth Event jointly with 4 other Churches in Elmbridge with 70 children (Christian & non-Christian) attending an evening at St Peter's Community Hub, West Molesey, where they played games, did crafts and were presented with a short video with signposts to local Youth Groups and Alpha programmes they can join. The PCC is responsible for the Safeguarding Policy. All volunteers working with our children are vetted in accordance with the Diocesan guideline and we have extended training to on-line certification of members of the PCC. ## **Review of the year** ## **Ministry** 2022 started with Revd. Shane Wood on sick leave and that continued until his early retirement on medical grounds at the end of July. It was not the end to his ministry at All Saints that anyone would have wanted, and our prayers for his recovery go with him and Michaela in their new home. On 27[th] October we were delighted to welcome to All Saints Revd. Richard Rugg, and his family, at his inauguration service with Bishop Andrew. We hope they will be happy here for many years to come. Richard will spend two days a week at his previous ministry at Holy Trinity Claygate, with shared costs and reduced parish share, for the immediate future, before eventually taking up full time ministry at All Saints. We are grateful to Holy Trinity and the Diocese for their support in this unusual arrangement ## **Services** Jim Dwelly maintained the pattern of Sunday services with a flow of visiting clergy, including Revd. Michaela Wood when she was able. We are grateful to all for their support during this difficult time, and it is now a great joy to have Revd. Rugg leading our services. Highlights included a programme of Lent and Easter services and events following a parish wide leaflet distribution arranged by Joy Tilbury, who also provided the recorded music at services. Christmas services were well attended following a similar parish leaflet campaign distributed by volunteers organised by Jim and Cloe Dwelly, with standing room only at the packed Crib service on Christmas Eve to see angels telling the dramatised story of the Nativity. 3 The choir continues to contribute, led by the irrepressible organist Robert Stewart. The family Joyful Noise service led by Kate Pinhey and our band WestonLife, supported by Tracey Johnson and Milly Gregg, has grown in popularity with all ages and we will be looking to expand this service if possible. Our thanks to our sacristan Sue Shaw and the army of readers, sides people, cleaners, coffee makers and flower arrangers who have kept the church open as a welcoming place of prayer and worship through the end of the covid pandemic and Revd. Shane’s illness. The monthly Prayer Group on the second Wednesday organised by Kathryn Davies and Mary Redington has seen an encouraging increase in numbers. ## **Pastoral** Our pastoral assistants Louise Lewis and Alison Cruthers also supervise Baptisms and the popular Wednesday Lunch Club respectively, with Jim Dwelly running home communions. ## **Administration** The parish office remained closed with admin tasks carried out by volunteers mainly working from home, including Heike Heath. Holy Trinity Claygate have offered some admin support and we will be looking to appoint a paid part time administrator in the near future. ## **Social** Social events resumed in style with a hugely enjoyable Weston Super Mares supper cabaret concert, Secret Gardens of Weston Green, Christmas flower arranging and concerts by choirs VOCE and Ripieno, all of which provided a much needed opportunity for the community to come together, and raised several thousand pounds for church funds. Our thanks to Jan Hardy and her team for their tireless contribution. ## **Deanery and Diocese** Kathryn Davies is our deanery representative focusing on EcoChurch, a nationwide programme to reduce churches environmental impact and improve our carbon footprint. We have already achieved Bronze level and will look to reach Silver and Gold as soon as possible. ## **Church Buildings** ## **The Church** A recent architect’s inspection (Quinquennial) found the church to be in sound condition but requiring some major works in the near future to keep it that way, namely: - Painting the outside to protect the fabric and improve the increasingly drab appearance. This will require a community wide fund raising campaign. - Replace the wiring and lighting to modern LED standards. Grants may be available. The church continues to be a community space as well as a house of prayer and worship, and it has been good to see the easing of covid restrictions and the return of schools, visiting choirs and social events here. The small unused office opposite the Jennings Meeting Room has been converted to a music room with the piano keyboard from the hall, and is hired for lessons and practice, providing an additional source of income to the church. 4 ## **The Church Hall** The hall is well used and operates at about 80% capacity, contributing £11,000 to church funds after costs. Hall hire rates were increased to mitigate some of the substantial increase in energy costs. A new dishwasher and cooker were purchased to replace ageing equipment. Substantial investment is required to replace the missing dividing doors and provide much needed additional storage space. Grants for this are being investigated by Louise Russell. ## **Vicarage** Professionals were employed to drastically clear the neglected garden and cut the overgrown hedges down to manageable proportions in readiness for Revd. Rugg and family arrival. Some further work is still needed. ## **Church grounds** Martin Horsey, our Sexton, manages the interment of ashes and has kept the Garden of Remembrance in order. He also supervises the grass cutting rota. Extra help once or twice a year on the rota would be appreciate. Please contact Martin. It has been a particular joy to see All Saints coming back to life. Charles King Church warden ## **Financial Report** ## **Financial Review of the year** In 2022 net income for the year on all funds was £126,366 – compared to the previous year’s net expenditure of £8,244. This large change was the result of a large legacy from Gloria Cogle, and the generosity of Guildford Diocese writing off a large proportion of our Parish Share debt. The budget for the year was to achieve net expenditure of £25,221. Although this is a far better result than anticipated, it is primarily due to the debt write off, grants and legacy that we received. There was net income on the General Fund of £125,173 (before Investment losses), net income on Designated Funds of £811 and net income on Restricted Funds of £381. Year on year total income increased from £98,000 to £155,000 in 2022 and total expenditure reduced from £106,000 to £30,000. These figures are distorted by the legacy and debt reduction. General Fund Planned giving (including gift aid) in 2022 reduced to £62,000 from £67,000 in 2021. We are very grateful to all who give regularly in this way and so generously. Although this covered the Parish share in 2022 due to the write off, it does no longer cover our Parish share which will be £76,577 in 2023. There was one legacy in 2022 totalling £44,768 (£5,000 in 2021). Activities for generating funds include the letting of the hall were much improved during 2022 as things started to recover after the Covid pandemic. During 2022 All Saints continued to make charitable donations out of church funds in response to the appeal by the East Elmbridge Foodbank to its sponsoring churches. We make a monthly contribution to support their activities. 5 As stated earlier, Guildford Diocese wrote off a large portion of our Parish share debt. This enables us to have a fresh start with our new incumbent Revd Richard Rugg who joined us on 27.10.22. Designated Funds – we have five funds – the Memorial Gift Fund, the Fabric Maintenance Fund, the General Reserve Fund, the Lunch Club Fund and the Gift Day 2017 Fund. - The Memorial Gift Fund is used to accumulate donations which are then used to finance minor projects and expenditure. There was no activity in 2022. This fund is also available as temporary working capital. - Fabric Maintenance Fund – there was no activity in 2022. - General Reserve Fund – £60,000 was transferred from the general fund to set aside sufficient funds to cover 6 months outgoings as per the reserves policy. - Lunch Club Fund exists to support the monthly parish lunches for the elderly and others. Its income arises from grants and donations. Restricted Funds - these funds accumulate monies which have been given to the church for identified purposes and cannot be used for any other purposes. - Special Projects Fund was created in 2013 in view of the then numbers of grants received, amounts raised at events and amounts donated to us for specific purposes. The original projects are now finished including the basement works. Currently this fund is accumulating monies to refurbish the lighting and wiring of the church and work on the church hall. This fund is tracked in detail to ensure that the individual grantors and donor’s wishes are met. - The Phoebe Berchem Fund which supports work with children and young people is used to part fund the work of the CYPF Co-ordinator. - Garden of Remembrance Fund – there was no activity in 2022. - Digitisation Project Fund – there was no activity in 2022 Endowment Funds – This year the endowment funds made a loss of £23,434. (2021 – gain £25,137) Balance Sheet - Our aggregate funds are now over £334,000 (2021 £231,000). Of the funds shown on our Balance Sheet, 53% (2021 – 86%) of this is in the form of the Endowment Funds. This leaves the parish with sufficient working capital to enable to church to fund projects to grow the church. ## **Current Financial Position** Our current financial position is much more positive than in previous years. However, our monthly expenditure still exceeds our income. We need to try to increase this so that we are not reliant on unexpected windfalls. 6 ## **Investment Policy** Monies held by the PCC are placed in current accounts at National Westminster Bank PLC, CAF Bank Ltd and in a deposit account at the CBF Church of England Deposit Fund run by CCLA Investment Management Limited. The endowment funds, the income of which is paid to the PCC, are held in the CBF Church of England Investment Fund, a mixed investment fund. This is in accordance with the investment policy agreed by the PCC. ## **Reserves Policy** The general policy of the PCC is to hold sufficient reserves in unrestricted and designated funds to ensure that the activities of the church can be funded on an on-going basis. The PCC believes that uncommitted funds equivalent to six month’s expenditure should be held. At the end of 2022, due to the unexpected generosity of the Diocese and the legacy received, the General and Designated Funds balances stood at £147,000. Based on 2022 expenditure, this would be sufficient to maintain the policy. ## **Risk Assessment** Following guidance from the Church of England and Guildford diocese we conducted a Covid19 risk assessment in March 2020 and drew up a strategy for All Saints covering both the church and the church hall. These are on display at the entrance to both buildings. This continues to be in place. On behalf of the Parochial Church Council Signed 27 March 2023 7 ## **ALL SAINTS WESTON 2022** |**STATEMENT OF FINANCIAL ACTIVITIES**|General|Designated|Restricted|Endowment|All Funds|All Funds| |---|---|---|---|---|---|---| |**FOR THE PERIOD ENDED 31 DEC 2022**|Fund|Funds|Funds||2022|2021| ||Note|||||| |INCOME AND ENDOWMENTS|£|£|£|£|£|£| |Voluntary Income|2(a)
120,944|1,652|766||123,361|79,953| |Activities for generating funds|2(b)
23,207|0|0||23,207|10,764| |Income from investments|2(c)
5,842|0|0||5,842|5,132| |Church activities|2(d)
2,982||||2,982|2,539| |Other income|100||||100|33| |TOTAL INCOME|153,074|1,652|766|0|155,492|98,420| |EXPENDITURE||||||| |Church activities|3
27,901|841|385||29,126|106,606| |Raising Funds|0|0|0||0|58| |TOTAL EXPENDITURE|27,901|841|385|0|29,126|106,665| |NET INCOME / (EXPENDITURE) BEFORE
125,173
811
381
0
126,366
(8,244)
INVESTMENT GAINS
Net Gains / (Losses) on investments
(23,434)
(23,434)
25,137
NET INCOME / (EXPENDITURE)
125,173
811
381
(23,434)
102,932
16,893
TRANSFER BETWEEN FUNDS (net)
(60,000)
60,000
0
0
0
NET MOVEMENT IN FUNDS
65,173
60,811
381
(23,434)
102,932
16,893
TOTAL FUNDS BROUGHT FORWARD
11,131
11,784
8,850
199,956
231,721
214,829
TOTAL FUNDS CARRIED FORWARD
76,304
72,595
9,232
176,522
334,653
231,721
**BALANCE SHEET AS AT 31 DEC 2022**
General
Designated Restricted Endowment
Fund
Funds
Funds
Funds
2022
2021
**FIXED ASSETS**
£
£
£
£
£
£
All Funds
se~~enee~~
~~EEE~~
~~EE~~
~~| | | ff~~
~~e~~~~**e**~~
~~e~~
~~eee~~||||||| |Church Hall Furniture
Cost|3,800||||3,800|3,800| |Depreciation|(3,800)||||(3,800)|(3,800)| |Investments||||176,522|176,522|199,956| |Total fixed assets|0|0|0|176,522|176,522|199,956| |**CURRENT ASSETS**||||||| |Debtors|904|0|0||904|1,435| |Tax refunds due|2,309|0|81||2,391|1,837| |Prepayments|0|0|0||0|0| ||3,214|0|81||3,295|3,271| |Cash at bank||||||| |Bank current accounts|54,529|5,942|4,866||65,337|97,695| |CBF Deposit Fund|68,849|66,910|4,284||140,043|50,043| |Total cash
TOTAL CURRENT ASSETS
**LIABILITIES**
Creditors|123,377
72,852
9,150
205,380
147,738
126,591
72,852
9,232
0
208,675
151,009
50,287
257
0
0
50,544
119,244
~~PEEL.~~|||||| |**NET CURRENT ASSETS/(LIABILITIES)**
76,304
72,595
9,232
0
158,131
31,765
**TOTAL NET ASSETS**
76,304
72,595
9,232
176,522
334,653
231,721
**PARISH FUNDS**
76,304
72,595
9,232
158,131
31,765
Parish Funds 2021
11,131
11,784
8,850
~~————~~
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~~a~~||||||| The notes on pages 9 to 13 form part of these accounts. Details of the individual funds are set out in Note 10 Approved by the Parochial Church Council on 27 March 2023 Signed Chairman Signed Treasurer 8 ## **Notes to the Financial Statements** ## **1. ACCOUNTING POLICIES** The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations “true and fair view” provisions. They have been prepared under FRS 102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, Accounting and reporting by Charities (SORP(FRS102)). The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value as at 31[st] December. 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 nor those that are informal gatherings of Church members. ## **Funds** Endowment funds are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending on the purpose for which the endowment was established. Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific purpose or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. Unrestricted funds are general funds which can be used for PCC ordinary purposes. Funds designated for a particular purpose by the PCC are also unrestricted. ## **Income and Endowments** Planned giving, collections and donations are recognized when received. Tax recoveries are recognized when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends and interest are accounted for when receivable. All other income is recognized when it is receivable. All income is accounted for gross. ## **Expenditure** Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received for mission are dealt with as restricted funds. All other expenditure is generally recognized when it is incurred and is accounted for gross. ## **Fixed assets** Consecrated and beneficed property is not included in the accounts in accordance with the Charities Act 2011 s10[2](a) and (c). No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice land, buildings including fixtures an fittings attached thereto and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the Statement of Financial Activities and separately disclosed (see Note 4). 9 ## **ALL SAINTS WESTON 2022** |**ALL SAINTS WESTON 2022**||||||| |---|---|---|---|---|---|---| |SOFA
FOR THE YEAR ENDED 31 DECEMBER 2022
Note|General
Fund
£|Designated
Funds
£|Restricted
Funds
£|Endowment
Fund
£|Total Funds|| ||||||2022
£|2021
£| |||||||| |**2. INCOME & ENDOWMENTS**
**Voluntary Income**
Planned Giving
Planned Giving GAYE
Tax Recovery on Planned Giving
Collections
Tax Recovery on Collections
Donations incl Tax Recoveries
Grants
Legacies
2(a)
**Activities for generating funds**
Church hall hire (incl Jennings Rm)
Donations for use of church
Magazine advertising
Trading activities
Bookstall
Refreshments
Fundraising
2(b)
**Income from investments**
Bank Interest
Dividends and interest
2(c)
**Income from church activities**
Fees (weddings, funerals etc)
2(d)
Other income
**Total income**|50,621
115
12,009
3,381
555
5,901
3,594
44,768|0
0
0
0
0
652
1,000
0|0
0
0
0
0
766
0
0||50,621
115
12,009
3,381
555
7,319
4,594
44,768|52,732
1,380
12,637
2,821
350
1,301
3,532
5,201| ||120,944|1,652|766||123,361|79,953| ||18,575
0
0
0
0
0
4,633|0
0
0
0
0
0
0|0
0
0
0
0
0
0||18,575
0
0
0
0
0
4,633|10,344
0
0
0
0
0
420| ||23,207|0|0||23,207|10,764| ||588
5,254|0
0|0||588
5,254|51
5,081| ||5,842|0|0||5,842|5,132| ||2,982
100|0
0|0
0||2,982
100|2,539
33| ||153,074|1,652|766|0|155,492|98,420| |||||||| |**3. EXPENDITURE**
**Church activities**
Grants to Missions and Relief Agencies
8
Ministry Parish share
Other Ministry
Training
Children, Young People and Families
Parish Mission
Property running expenses & maintenance
Church/Churchyard
Church Hall
Vicarage
Administration
Communications incl Website
Governance Costs
Sundry
**Raising Funds**
**Total expenditure**|1,216
(4,183)
2,961
0
4,298
0
9,793
7,890
2,479
2,937
0
0
508|0
0
0
0
0
841
0
0
0
0
0
0
0|0
0
0
0
0
385
0
0
0
0
0
0
0
0||1,216
(4,183)
2,961
0
4,683
841
9,793
7,890
2,479
2,937
0
0
508|690
85,517
1,352
0
4,653
231
5,069
5,121
543
3,185
0
0
246| ||27,901|841|385||29,126|106,606| ||0|0|0||0|58| ||27,901|841|385|0|29,126|106,665| |||||||| |NET INCOME / (EXPENDITURE) BEFORE
INVESTMENT GAINS
Net Gains / (Losses) on investments
NET INCOME / (EXPENDITURE)
TRANSFER BETWEEN FUNDS (net)
NET MOVEMENT IN FUNDS|125,173|811|381|0|126,366|(8,244)| ||0|0|0|(23,434)|(23,434)|25,137| ||125,173
(60,000)|811
60,000|381
0|(23,434)
0|102,932
0|16,893
0| ||65,173|60,811|381|(23,434)|102,932|16,893| |BALANCES BROUGHT FORWARD AT 1 JANUARY 2022 (2021)
BALANCES CARRIED FORWARD AT 31 DECEMBER 2022 (2021)|11,131|11,784|8,850|199,956|231,721|214,829| ||76,304|72,595|9,232|176,522|334,653|231,721| 10 **Notes to the Financial Statements (cont.)** |**Notes to the Financial Statements (cont.)**|||||| |---|---|---|---|---|---| |**Analysis of 2021 (prior year) Income & Expenditure**|General
Fund
£|Designated
Funds
£|Restricted
Funds
£|Endowment
Fund
£|Total Funds
2021
£| ||||||| |**2. INCOME & ENDOWMENTS**
**Voluntary Income**
Planned Giving
Planned Giving GAYE
Tax Recovery on Planned Giving
Collections
Tax Recovery on Collections
Donations incl Tax Recoveries
Grants
Legacies
**Activities for generating funds**
Church hall hire (incl Jennings Rm)
Donations for use of church
Magazine advertising
Trading activities
Bookstall
Refreshments
Fundraising
**Income from investments**
Bank Interest
Dividends and interest
**Income from church activities**
Fees (weddings, funerals etc)
Other income
**Total income**|52,732
1,380
12,637
2,821
350
1,042
3,532
5,201|0
0
0
0
0
159
0
0|0
0
0
0
0
100
0
0||52,732
1,380
12,637
2,821
350
1,301
3,532
5,201| ||79,694|159|100||79,953| ||10,344
0
0
0
0
0
420|0
0
0
0
0
0
0|0
0
0
0
0
0
0||10,344
0
0
0
0
0
420| ||10,764|0|0||10,764| ||42
5,081|4
0|4||51
5,081| ||5,124|4|4||5,132| ||2,539
33|0
0|0
0||2,539
33| ||98,153|163|104|0|98,420| |**3. EXPENDITURE**
**Church activities**
Grants to Missions and Relief Agencies
Ministry
Parish share
Other Ministry
Training
Children, Young People and Families
Parish Mission
Property running expenses & maintenance
Church/Churchyard
Church Hall
Vicarage
Administration
Communications incl Website
Governance Costs
Sundry
**Raising Funds**
**Total expenditure**|690
85,517
1,352
0
4,266
0
5,069
5,121
543
3,185
0
0
246|0
0
0
0
0
231
0
0
0
0
0
0
0|0
0
0
0
387
0
0
0
0
0
0
0
0||690
85,517
1,352
0
4,653
231
5,069
5,121
543
3,185
0
0
246| |---|---|---|---|---|---| ||105,989|231|387||106,606| ||58|0|0||58| ||106,047|231|387|0|106,665| 11 **Notes to the Financial Statements (cont.)** ## **4. EXPENSED MAJOR WORKS** In accordance with the accounting policies the following projects have been expensed |Church / Churchyard
Church Hall
**5. a) STAFF COSTS**
Salaries - Gross
Social security costs
Pension costs|(2021 Dishwasher)
General Fund
Restricted
Funds
£
£|(2021 Dishwasher)
General Fund
Restricted
Funds
£
£|2022
2021
£
£
0
0
0
1,186|2022
2021
£
£
0
0
0
1,186| |---|---|---|---|---| ||||0|1,186| ||||2022
2021
£
£|| ||4,298
0
0||4,298
0
0|4,266
0
0| ||4,298|0|4,298|4,266| No employee received more than £60,000 in the year. Throughout the year the PCC employed 1 member of staff The average number of employees was 1 (2021 the average was 1). All Saints employed the equivalent of 0.21 full-time staff (2021 the FTE was 0.21) ## **b) PAYMENTS TO PCC MEMBERS** Revd. Shane Wood was paid £0 (2020 - £0) during the year as reimbursement of expenses incurred by him. Revd Richard Rugg was paid £0 during the period since his induction, as reimbursement of expenses incurred by him. Mrs J Tilbury was paid £65 (2021 - £0) during the year as reimbursement of expenses incurred by her. Mr C King was paid £583 ( 2021 - £0) during the year as reimbursement of expenses by him Mrs L Lewis was paid £86 (2021 - £0) during the year as reimbursement of expenses by her ## **c) PAYMENTS TO PERSONS CLOSELY CONNECTED TO PCC MEMBERS OR RELATED PARTIES** During the year no payments were made to persons connected to PCC members or related parties (2021 - £0) ## **d) DONATIONS TO THE PCC BY THE TRUSTEES AND RELATED PARTIES** In 2022 these donations amounted to £11,497 (2021 £11,330) |**6. DEBTORS**
Debtors and prepayments
Tax recoverable
**7. CREDITORS**
HMRC - Income tax and NI
Due to Diocese - Fees
- Associate Minister
Other creditors and accruals|General
Designated
Restricted
Fund
Funds
Funds
2022
2021
£
£
£
£
Total Funds|General
Designated
Restricted
Fund
Funds
Funds
2022
2021
£
£
£
£
Total Funds|General
Designated
Restricted
Fund
Funds
Funds
2022
2021
£
£
£
£
Total Funds|General
Designated
Restricted
Fund
Funds
Funds
2022
2021
£
£
£
£
Total Funds|General
Designated
Restricted
Fund
Funds
Funds
2022
2021
£
£
£
£
Total Funds| |---|---|---|---|---|---| ||904
2,309|0
0|0
81|904
2,391|1,435
1,837| ||3,214|0|81|3,295|3,272| ||General
Designated
Restricted
Fund
Funds
Funds
2022
2021
£
£
£
£
Total Funds||||| ||(583)
336
0
50,534|0
0
0
257|0
0
0
0|(583)
336
0
50,791|(583)
0
0
119,828| ||50,287|257|0|50,544|119,245| 12 **Notes to the Financial Statements (cont.)** ## **8. CHARITABLE GIVING** |**CHARITABLE GIVING**
**a)**
Grants made by the PCC to East Elmbridge Foodbank
**b)**
In accordance with the Statement of Recommended Practice the
the church and given to charities. Such moneys include collection
fund-raising events undertaken for specific charitable causes.
Under this heading the funds raised by the PCC were
Campaign to end loneliness
Bishop's Fund
East Elmbridge Food Bank
Afghanistan Crisis Appeal|2022
2021
£
£
480
480
accounts exclude any moneys collected by
s for specific causes and the proceeds of
2022
2021
£
£
£160
£0
£486
£0
£90
£0
0
210| |---|---| ## **9. INVESTMENTS** These funds represent donations to the Church which were required to be invested so that the income is applied for Church purposes. The original gifts totalled approximately £8,000, and were received during the years 1923 to 1991. The funds are now held in the form of 8,550 shares in the CBF Church of England Investment Fund - Income Shares. The dividends are paid into the General Fund. The donors and the respective numbers of shares are: |Florence Fayers
Mary Robinson
Randall Endowment
Mary Rees
William Calvert
Permanent Endowment Funds (Consolidated)
Mid market value 1 January
(Decrease)/increase in capital value
Mid market value 31 December
Year on year change in value
The change in share values during the year reflect the changes in
Dividends received for year|364
2,784
754
4,562
86|364
2,784
754
4,562
86| |---|---|---| ||8,550|| ||199,956
(23,434)|174,819
25,137| ||176,522|199,956| ||(11.7)%
14.4%
world stock and bond markets.
£5,254
£5,081|| ## **Notes to the Financial Statements (cont.)** **10. FUNDS** The General Fund is unrestricted. The purpose of each of the other funds is set out in the Annual Report. |**SUMMARY OF FUND MOVEMENTS**
Unrestricted funds
General
Designated funds
General Reserve
Fabric Maintenance
Lunch Club
Gift Day 2017
Memorial Gift
Restricted funds
Garden of Remembrance
Phoebe Berchem
Special Projects
Vicar's Discretionary
Youth Video & Photography
Associate Minister
Archive Project
People's Pathway
Youth Work
Endowment fund
Total Funds|Balance as at 01
January 2022
Total Income
Total
Expenditure
Investment
Gains /
(Losses)
Transfers
(Net)
Balance as at 31
December 2022
£
£
£
£
£
£|Balance as at 01
January 2022
Total Income
Total
Expenditure
Investment
Gains /
(Losses)
Transfers
(Net)
Balance as at 31
December 2022
£
£
£
£
£
£|Balance as at 01
January 2022
Total Income
Total
Expenditure
Investment
Gains /
(Losses)
Transfers
(Net)
Balance as at 31
December 2022
£
£
£
£
£
£|Balance as at 01
January 2022
Total Income
Total
Expenditure
Investment
Gains /
(Losses)
Transfers
(Net)
Balance as at 31
December 2022
£
£
£
£
£
£|Balance as at 01
January 2022
Total Income
Total
Expenditure
Investment
Gains /
(Losses)
Transfers
(Net)
Balance as at 31
December 2022
£
£
£
£
£
£|Balance as at 01
January 2022
Total Income
Total
Expenditure
Investment
Gains /
(Losses)
Transfers
(Net)
Balance as at 31
December 2022
£
£
£
£
£
£| |---|---|---|---|---|---|---| ||11,131
556
1,615
1,904
0
7,709
1,124
1,161
6,053
0
0
0
287
225
0
199,956|153,074
0
0
1,652
0
0
0
0
766
0
0
0
0
0
0
0|(27,901)
0
0
(841)
0
0
0
(385)
0
0
0
0
0
0
0
0|(23,434)|(60,000)
60,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0|76,304
60,556
1,615
2,714
0
7,709
1,124
776
6,820
0
0
0
287
225
0
176,522| ||231,721|155,492|(29,126)|(23,434)|0|334,653| Details of the Endowment Funds are set out in Note 9 above |**SUMMARY OF ASSETS BY FUND**
Unrestricted funds
Designated funds
Restricted funds
Endowment fund|Fixed Assets
Current Assets
Total
Falling Due
Falling Due
in one year
after one year
£
£
£
£
£
Liabilities|Fixed Assets
Current Assets
Total
Falling Due
Falling Due
in one year
after one year
£
£
£
£
£
Liabilities|Fixed Assets
Current Assets
Total
Falling Due
Falling Due
in one year
after one year
£
£
£
£
£
Liabilities|Fixed Assets
Current Assets
Total
Falling Due
Falling Due
in one year
after one year
£
£
£
£
£
Liabilities|Fixed Assets
Current Assets
Total
Falling Due
Falling Due
in one year
after one year
£
£
£
£
£
Liabilities| |---|---|---|---|---|---| ||0
0
0
176,522|126,591
72,852
9,232
0|(50,287)
(257)
0
0|0
0
0
0|76,304
72,595
9,232
176,522| ||176,522|208,675|(50,544)|0|334,653| ## **11. ROUNDING** All numbers in the underlying accounts are kept to two decimal places. Because of rounding, numbers may appear not to add up. Thus £1.40 and £1.40 will appear as £1 and £1 but the total will be £3. 13 **Independent Examiner’s Report to the Trustees, Parochial Church Council of All Saints Weston** I report to the charity trustees on my examination of the accounts of the Parochial Church Council for the year ended 31st December 2022. ## **Responsibilities and basis of report** As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent Examiner's Statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any materiel respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 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 the 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. I 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. David Wall FCCA 20 Springfield Road Ash Vale, Aldershot, Hampshire GU12 5EN 27 March 2023 14