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2022-12-31-accounts

Introduction.
Aim and purposes
ofthe Parochial
Church Council (PCC).
Achievements
and performance
Chairman's
Report
Key Team Summaries.
Church Centre Report. .10
Structure,
governance
and management
..
Policies. .
Constitution
of Parochial
Church
Council with effect from the APCM held on 10April 2022 .....11
Administrative
Information
..
.12
Safeguarding
Report.
....12
Financial
Review. ... .
....13
Statement
of Parochial
Church Councils'
Responsibilities .. .13
Statement
of Financial Activities.
.... ....14
Balance sheet ....15
Note 1:Basis of Preparation. ....16
Note 2:Accounting
Policies. .
....16
Note 3:Analysis
of income —General
Fund .
Note 4:Analysis
ofexpenditure.
....20
Note 5:Details of certain items of expenditure ....21
Note 6:Paid employees. ....22
Note 7:Defined contribution
pension
scheme .. ....22
Note 8:Tangible Fixed Assets. . ....22
Note 9:Debtors and Prepayments ....24
Note 10:Cash and Bank and ln Hand. ....24
Note 11:Creditors and Accruals ....25
Note 12: Movements
on Restricted
and Designated Funds ....26
Note 13:Connected
Party Transactions.
....27
Note 14:Events after the end of the reporting period . ....28
Independent
Examiner's
Report to
the members/trustees of St Cuthbert's Church, Preston. .......29

the current organisa
tive.
tions
we now sup
port
&the people from St.C
port
&the people from St.C
uthbert's who act as
Partner Rep Partner Rep
Life Now Carol Wilson CMS tpartners A. & L.) Ann Thompson
Mercy Ministries Bev Calder Isaiah Trust Hilary Elkins
Elam Ministries lan Gosling Mission India Shanthi Rasaratnam

years ended 31December years ended 31December
Unrestricted Designated Restricted Total Total
funds funds funds 2022 2021
E 6 E 6
INCOME
Voluntary
receipts
Planned
giving
85,570 15,245 100,815 111,401
Collections at services 6,093 503 6,596 2,747
All other giving / voluntary receipts 4,887 8,939 13,826 14,356
Legacies 0 0 0
Grants 2,437 7,669 10,106 4,280
Gifi aid recovered 17,608 3,171 20,779 21,967
116,595 0 35,527 152,122 154,750
Activities for generatingfunds 844 381 1,225 1,339
Investment
income
82 82 31
Church activities 5,065 5,065 3,588
Centre insurance
claim
0 0 5,431
Hire ofrooms and related income 44,870 44,870 15,762
HMRC furlough
income
staff
0 0 1,417
Total receipts 167,456 0 35,908 203,364 182,318
EXPENDITURE
Church activities
Diocesan parish contribution 78,321 78,321 78,793
Clergy and cost 32,428 10,667 43,095 29,285
Church Centre expenses 32,093 32,093 37,421
Douglas
Hall expenses
12,500 12,500 5,057
Vicar's house 3,605 3,605 3,540
Curate's house 961 961 2,461
Oflice and governance costs 5,245 5,245 5,099
Music, Sound, Light Sr Projection 1,874 1,874 1,415
Mission giving and donations 11,608 11,608 12,610
Resources and activities 7,892 14,225 22,117 12,345
Fixed asset depreciation 4,303 4,303 4,281
Cost ofgenerating
funds
170 170 0
Total expenditure 186,697 4,303 24,892 215,892 192,306
Excess/(deficit) ofincome v expenditure forthe year (19,241) (4,303) 11,016 (12,528) (9,988)
Transfers between
funds
14,363 (14,363) 0 0
Fund balances asat 1January 2022 23,701 1,186,863 27,278 61,237,842 1,247,830
Fund balances at31December 2022 Elg,S23 61,182,560 623,930 61,225,313 E1,237,842
General fund 18,823 18,823 23,701
Fixed assets (designated) 1,182,560 1,182,560 1,186,863
Akere support 0 0 2,325
Asian Congregation 616 616 414
Baby Basics 0 0 18
Cafd and community hub 3,804 3,804
Call to prayer and give 0 0 433
Child and youth 14,451 14,451 20,359
Growing leaders 1,744 1,744 0
Michael Hutchinson leaving gift 440 440 440
New Wine Lancashire 537 537 537
Talk English Activities 2,338 2,338 2,752
Total funds 618,823 E1,182,560 623,930 61,225,313 E1,237,842

Asat31December Asat31December
2022 2021
f E
Fixed assets
Land and Buildings 1,174,400 1,174,400
Fixtures, Fittings and Equipment 8,160 12,463
1,182,560 1,186,863
Current Assets
Debtors and prepayments 14,442 13,181
Total cash in hand and at bank 38,703 46,269
53,145 59,450
Creditors falling due in &1year (10,392) (8,471)
Net current assets 42,753 50,979
Total assets less current liabilities 61,225,313 E1,237,842
Funds
General fund 18,823 23,701
Fixed assets 1,182,560 1,186,863
Total designated
funds
1,182,560 1,186,863
Akeresupport 0 2,325
Asian Congregation 616 414
Baby Basics 0 18
Cafe/Community Hub 3,804 0
Call to prayer and give 0 433
Child and youth 14,451 20,359
Growing leaders 1,744 0
Michael Hutchinson leaving gift 440 440
New Wine Lancashire 537 537
Talk English Activities 2,338 2,752
Total restricted funds 23,930 27,278
Total funds E1,225,313 61,237,842

Analysis ofcertain items ofincome shown
in the SOF
A (continued):
2022 2021
f f
Donation station income 1,626 430
GASDS cash and envelopes 4,457 1,697
Services donations 10 269
Total services giving 6,093 2,396
2022 2021
E f
Bookstall 106 0
Fund raising events 738 1,339
Activities for generating funds 844 1,339
2022 2021
E f
Eventsincome 105 60
Toddler Group Income 1,216 84
Diocesan Fees 1,956 1,905
Musician
Fees
80 210
PCC Fees 1,358 1,019
Retired Clergy Fees 0 0
Verger Fees 350 310
Church activities 5,065 3,588
2022 2021
E E
Church Centre Hire 34,452 8,507
Douglas Hall Hire 9,707 7,049
Incidental
Sales
711 206
Hire ofrooms and related income 44,870 15,762

2022 2021
E E
Cleaning 1,547 383
Utilities -gas, electricity and water 19,716 8,964
Insurance 1,398 1,347
Major Repairs 4,148 19,899
Misc Running Expenses 2,414 761
Repairs &Maintenance 2,870 6,067
Church Centre Expenses 32,093 37,421
2022 2021
f E
Cleaning 0 97
Utilities-gas, electricity and water 6,328 3,161
Insurance 1,398 1,361
Major Repairs 4,669 0
Repairs &Maintenance 105 438
Douglas
Hall Expenses
12,500 5,057
costs were incurred
on fire doors and a hot wa
ter boiler.
2022 2021
E E
Council Tax 3,095 2,977
Water Rates 510 563
Vicar's house 3,605 3,540
2022 2021
f f
Council Tax 646 1,833
Water Rates 315 628
Curate's house 961 2,461

Analysis ofcertain e x pense s shown
in the SOFA (continued
):
2022 2021
f f
Phone gr Internet 675 687
Printing,
Stationery,
Postage tk Software 2,866 2,002
Bank 8 Other Commission Charges 594 516
Accounting
software
300 300
Miscellaneous
governance
costs 110 108
Professional
Fees
0 820
Independent
examiner
700 666
Office and governance costs 5,245 5,099
2022 2021
E f
Music, Sound, Light & Projection 1,874 1,415
2022 2021
f E
Church
Mission Society
1,903 2,070
Elam 1,903 0
Life Now 1,903 2,070
Mercy UK 1,903 2,070
Mission India 1,903 2,070
OM Belgium 0 2,070
The Isaiah Trust 1,903 2,070
Churches Together in Fulwood 190 190
Mission giving and donations 11,608 12,610
2022 2021
f E
Events Expenditure 1,014 409
Toddlers Resources 314 127
Hospitality 3,014 524
Other Resources 1,438 1,430
Pastoral Resources 669 444
Services Resources 1272 1713
Evangelism
Expenses
171 554
Resources and activities 7,892 5,201
2022 2021
f f
700 666
te 6:Paid employees
.1Paid employees
2022 2021
E E
Salaries and wages 40,156 24,153
Social security costs —Nil as covered
Pension costs (defined contribution
by employment
scheme)
allowance 588 231
Other employee
benefits —Nil
Total staff costs 640,744 624,384
.2Avera ge head count in the year
2022 2021
Number Number
Number ofemployees 4 4

8.3Cost or valuat ion
Freehold Fixtures,
Land & Fittings &
Buildings Equipment Total
f f f
At the beginning ofthe year 1,174,400 56,125 1,230,525
Additions 0 0 0
Disposafs 0 0 0
At the end ofthe year 1,174,400 56,125 1,230,525
8.4Depreciation
Freehold Fixtures,
Land & Fittings &
Buildings Equipment Total
f f
At the beginning ofthe year 43,662 43,662
Charge for the year 4,303 4,303
Eliminated in respect ofdisposals 0
At the end ofthe year 47,965 47,965

8.5 Net Book Val ue
Freehold Fixtures,
Land & Fittings &
Buildings Equipment Total
E E E
At the beginning ofthe year 1,174,400 12,463 1,186,863
At the end ofthe year 1,174,400 8,160 1,182,560
ote 9:Debtors and Prepayments
9.1Analysis ofdebtors
2022 2021
Trade debtors 7,637 8,310
Accrued income 2,142 2,974
Prepayments 4,663 1,897
Total E14,442 E13,181

ote 10 :Cash and Bank and In Hand
2022 2021
Payment cards 574 1,278
Cash at bank 37,998 44,891
Cash in hand 130 100
Total E38,702 E46,269
11.1Analysis ofcredit ors
2022 2021
E f
Trade creditors 1,487 913
Accruals and deferred income 8,905 7,558
Taxation and social security 0 0
Total f10,392 88,471

Opening Closing
balances at balances at
01/01/22 Income Expenditure Transfers 31/12/22
E E E f E
Land & buildings 1,186,863 (4,303) 0 1,182,560
Designated total 1,186,863 0 (4,303) 0 1,182,560
Akere support 2,325 (2,325) 0
Asian Congregation 414 503 (175) (126) 616
Baby Basics 18 (18) 0
Cafe/ hub fund 0 11,615 (4,811) (3,000) 3,804
Call to prayer and give 433 (433) 0
Child & Youth 20,358 8,948 (12,618) (2,237) 14,451
Energy 0 9,000 (9,000) 0
Growing leaders 0 2,344 (600) 1,744
Keyboard 0 3,498 (3,498) 0
Michael Hutchinson leaving gift 440 440
New Wine Lancashire 537 537
Talk English 2,752 (414) 2,338
27,277 35,908 (24,892) (14,363) 23,930

2021 2020
Donations by Connected parties including the related Gift Aid:
General Fund 29,288.75 31,147.39
Cafe and Hub Fund 4,343.75 0.00
Child & Youth Fund 1,400.00 14,273.75
Energy Fund 9,000.00 0.00
Keyboard Fund 302.00 0.00
Total E44,334.50 E45,871.14