2023-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Peter's, Loudwater

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

members wh	o have served durin	g the period from 1 January 2023 unt	il the date this report was appr
Incumbent:		Revd Daniel Rodgers	Chairman
Itiardensr		Jonathan Shallow
Representatives Synod:	on the Deanery	Susan Smithies Nicola Ra ner Evelyn Ann Cartland lan Cheffy	(Until APCM 2023) From APCM 2023 (Until APCM 2023)
		Peter Loadman
		Nigel Peach
Elected members:		Jonathan Walne Alan Biggs Paul Breeze	From APCM 2023 (Until APCM 2023)
		Elaine Faulkner Ben Gill	(Until APCM 2023)
Co- ted member: Secre		Janette Hill Nicola Rayner Jonathan Walne Daniel Joy Howard Sinton Geraldine Shiels An ela Wilkie Heather Flood Trace Dalb	(Until APCM 2023) (Until APCM 2023) (Until APCM 2023) (From APCM 2023) (From APCM 2023) (From APCM 2023) From APCM 2023 Treasurer

STATEMENT OF FINANCIALACTMTIES
					Forthe year	ended 31 December 2023
			2023			2022
		Unrestdcted	Restricted		Unrestricted	Restricted
INCOME FROM:	Note	Funds f	Funds 6	Total f	Funds	Funds f	Total 6
Income from donations	3a	353,814	13,707	367,521	306,897	15,342	322,239
Income from charitable activities	3b	34,755	62,749	97,504	48,235	16,175	64,410
Income from other trading activities	3c	15,739		15,739	17,755	0	17,755
Income from investments	3d	11,609	0	11,609	2,193		2,193
Total income		415,917	76,456	492,373	375,080	31,517	406,597
EXPENDITURE ON:
Raising funds	4a	10,634	3,363	13,997	7,278		7,278
Charitable activities	4b	386,783	42,598	429,381	435,394	36,716	472,110
Other activities	4c	10,923		10,923	9,312		9,312
Total expenditure		408,340	45,961	454,301	451,984	36,716	488,700
NET INCOME IEXPENDITURE Transfers between funds	10	7,577 0	30,495 0	38,072 0	(76,904) 0	(5,199) 0	(82,103) 0
NET MOVEMENT IN FUNDS		7,577	30,495	38,072	(76,904)	(5,199)	(82,103)
RECONCILATION OF FUNDS:
TOTAL FUNDS BROUGHT FORWARD		1,331,557	16,987	1,348,544	1,408,461	22,186	1,430,647
TOTAL FUNDS CARRIED FORWARD		1,339,134	47,482	1,386,616	1,331,557	16,987	1,348,544

					Note	2023			2022
						Unrestricted	Restricted		Unrestricted	Restricted
						Funds	Funds	Total	Funds	Funds	Total
Cash gows from operating	activities							8	8		8
Net cash provided by	(used	in)	operating
activities					14	34,616	32,208	66,823	(106,457)	(6,772)	(113,229)
Cash flows from investing	activities:
Interest Purchase ofplant and		equipment				11,609		11,609 0	2,193	0	2,193
Net cash provided by	(used	in)	investing	activities		11,609	0	11,609	2,193		2,193
Change in cash and cash	equivalents		for the	year		46,225	32,208	78,432	(104,264)	(6,772)	(111,036)
Cash and cash equivalents		brought forward				321,412	15,087	336,499	425,676	21,858	447,534
Cash and cash equivalents	carried forward					367,636	47,294	414,931	321,412	15,087	336,498

o e STATEMENTS (continued) FIXEDASSETS FOR USE BYTHE PCC			Forthe year ended	31 December 2023
	Freehold	Freehold	Plant and
Tangible Fixed Assets GROSS BOOKVALUE	land 6	buildings	equipment 6	Total 6
at 1 January 2023 Additions Disposals	550,000	500,000 0 0	10,966 0 0	1,060,966 0 0
At 31 December 2023 DEPRECIATION	550,000	500,000	10,966	1,060,966
at 1 January 2023 Charge for the year Disposals		80,000 10,000 0	8,102 1,239 0	88,102 11,239 0
At 31 December 2023	0	90,000	9,341	99,341
NET BOOK VALUE
At 31 December 2023	550,000	410,000	1,625	961,625
At 31 December 2022	550,000	420,000	2,864	972,864

6	ANALYSIS ofN	ETASSETS by FUND
			Unrestricted	Restricted	Total
			Funds 5	Fundsf
	Fixed Assets		961,625	0	961,625
	Currant Assets - Bank &Short Term Deposits -Debtors		367,637 26,558	47,294 188	414,931 26,746
	Current Liabilities		394,195 (16,686)	47,482	441,677 (16,686)
	Fund balance		1,339,134	47,482	1,386,616
7	DEBTORS		2023		2022
	Income tax recoverable		5		8
	Restricted Unrestricted	Income Income	188 9,292		1,900 35,297
			9,480		37,197
	Prepayments Rental Income Outstanding		9,659 7,607		26,865 2,279
			17,266		29,144
			26,746		66,341

LIABILITIES
	2023	2022
Creditors - goods &services	6	6
Trade creditors Taxation and social security Other creditors Deposits received Independent Examiner Other accrued expenses	(1,586) (3,152) (1,564) (2,655) (2,070) (5,659)	(17,676) (3,365) (1,275) (100) (1,920) (2,823)
	(16,686)	(27,159)

At 31 December 2023 the amounts held were as follows-
	Cash	Debtors	Liabilities	Total
	In Hand	Due	Due
Designated Funds	6	6	6	f
Emergency Fund Legacy Fund Tithe of Legacy -Mission fund	30,000 224,634 22,477			30,000 224,634 22,477
	277,111		0	277,111
Restricted Funds
Love Loudwater Baby Bank Mission Fund Building Fund Youth &Childmn Family Kitchen Refurbishment Other Small Funds & Individuals TJC II (UK)	1,550 1,319 1,478 8,427 2,997 3,239 27,500 670 115	25 20 100 35		1,550 1,319 1,478 8,435 3,022 3,259 27,500 770 150
	47,294	188	0	47,482

	Between Restricted Funds	Between Restricted Funds	Between Restricted Funds
	Building Fund to Mission Fund - IO'lo of			donations	by agreement			on set up of Building Fund					33
													33
11	GRANTS
	The bmakdown ofgrants is set out below, together	between with the	individuals and institutions, by nature website URLs ofthe institutions which					/ type ofactivity as disclosed received over 81,000 during			in note 4 b(i) the year.
							Unrestricted					Restricted
						To		To			To	To
	Church overseas				individuals		Institutions 5 6		Total	individuals f		Institutions 8	Total 5
	Missionaries and missionary societies
	BaitAvinu (www. beitimmanuel. org	- Messianic congregation)						2,180	2,180			0
	Bait Immanuel (www. beitimmanuel. org)							1,380	1,380			0
	UK Friends of Deep Roots (www. deeprootsuganda. org.ukg							3,200	3,200
	Mercy Ships (www. mercyships. org.uk/)							1,000	1,000
	Wydiffe Bible Transistors							2,875	2,875
	(www. wyciffe.org.uk)
	Institutions under 61,000and individuals				10,620				10,620		3,553	0	3,553
					10,620			10,635	21,255		3,553		3,553
	Relief and development agencies
	Tear Fund							1,725	1,725
	(www. tearfund. org)
	Home missions and other	church societies
	Church's Ministry among	Jews (UK)						1,380	1,380
	(www.cmj.org.uk)
	Lighthouse							4,000	4,000
	(www. lighthousecentral. org)
	Toward(a Jerusalem Council II (UK) * (www. tjcii.eu)							840	840			900	900
	Wycombe Youth For Christ (www.wycombeyfc. org.uk)							4,200	4,200			0
	Institutions under f1,000	and individuals				520		500	1,020			0
						520		10,920	11,440		0	900	900
	Other financial support
	Individuals and institutions	under	F1,000			0		496	496		245	219
	Total grants psr note	4 b0)			11,140			22,051	34,916		3,798	1,119	4,917

Donations received from trustees (i.e.members ofthe PCC) and related persons during the year	Donations received from trustees (i.e.members ofthe PCC) and related persons during the year	amounted	to795,481.
The following members ofthe PCC and related persons, received support,	remuneration or reimbursement		ofexpenses:
	Missionary	Reimburse	Wages &
Alison Peach (wife of Nigel Peach) Alison Rodgers (wife of Danny Rodgers) Danny Rodgers Geraldine Shiels Heather Flood Jonathan Shallow Nicola Rayner Richard Smithies (husband ofSusan Smithies) Susan Smithies Ruth Walne (wife ofJonathan Walne)	Support f 0 0 0 0 0 0 0 0 0 520	Expenses f 96 2,683 2,340 1,259 500 199 13 271 217 1,600	Pensions 5 0 5,846 0 24,366 15,812 0 90 0 0 0	Totalf 96 8,529 2,340 25,625 16,312 199 103 271 217 2,120