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2023-12-31-accounts

PAROC HIAL
CH
URCH
COU
NCIL
OF
MILFORD
ON
SEA
BALANCE
SHEET
31ST DECEMBER 2023
2023 2022
FIXED ASSE1S
Investments
Deposit
Accounts
227,163 107,245
CURRENT ASSE1S
Debtors
and Prepayaents
11,918 12,388
Cash at Sank
All Saints
St. Mary' s
23,055
4,413
133,999
4,069
27,468 138,068
39,386 150,456
LIABILI1IES: AMOUNTS FALLING DUE
WI1HIN
ONE
YEAR
10,580 9,762
NE1 CURREN1
ASSETS
28,806 140,694
NE1' ASSE1S f255,969 f247,939
FUNDS
Unrestricted
All Saints
Bt. Mary' s
183,436
21,792
174,166
19,127
Restricted 10 205,228
50,741
1931293
54p646
TOTAL
FUNDS
f255,969 f247,939

FOR THE YEAR ENDED 31ST DECEMBER 2023
Unrestricted Restricted 1otal Funds
Funds Funds 2023 2022
Note
INCOMING
RESOURCES
Income
and
endowmments
from
Donations
and legacies
Other
trading
activities
Znvestmsnts
Charitable
activities
2(a)
2(b)
2(c)
2(d)
254,678
4,464
10,573
47,627
82,227 336,905
4,464
10I573
47I627
246,998
13(834
1,671
39,303
101AL INCOME
AND
ENDONMENTS
f317,342 682,227 6399,569 6301,806
RESOURCES
EXPENDED
Charitable
activities
Governance
costs
3(a)
3(b)
303,769
1,638
86,132 389,901
1,638
247,147
lp220
TOTAL EXPENDITURE 6305,407 f86(132 5391,539 6248,367
NET
(EXPENDITURE) /INCOME
11,935 (3,905) 8,030 53,439
Fund balances
at 1st January
2023 193,293 54,646 247,939 194,5DD
FUND
BALANCES
A1 31ST DECEMBER 2023
6205,228 650,741 f255,969 f247,939

POR
T
POR
T
HE
YEAR
ENDED 31ST DECEMBER 2023
2. INCOME
AND
ENDOWMENTS
FROM
Unzestricted Restricted Total Funds
2(a) Donations
and Iegacies
Planned
Giving:
Gift Aid donations
Income
Tax Recoveries
Non Gift Aid
Collections
Grants:
Funds
114,744
43,727
15,774
13r295
Funds
5,500
2023
114I744
49,227
15,774
13,295
2022
118,469
41,620
13p396
13,616
Penshurst
1'rust
Listed Places of Worship
Grant
Hampshire
County
Council
New Forest District
Council
Scheme 11,102 45,000
800
15D
45,000
ll, 102
800
150
400
Donations
All Saints:
Pledges
Received
Othez
St Mary' s:
46,000
8,243
16,0DD
12,636
62,000
201879
35,0DD
20,982
Other
Mission
Legacies
1,793 100
1,541
50D
1,893
1,541
500
1,381
2,134
f254,678 E82,227 E336,905 E246,998
2(b) Other
Trading Activities
Pete,
Concerts
and Other
Fund Raising
Rent
—43 Carzington
Lane
Sundry
Income
Events 1,753
2(489
222
1,753
2,489
222
3,072
10I762
E4,464 E4,464 E13,834
2(c) Investments
Deposit Account Interest
f10,573 E10,573 E1,671
2(d) Charitable
Activities
Fees
All Saints
Hall
—Hire
St. Mary's
Hall
—Hire
tunch
Club
and Coffee Mornings
Pazish
Magazine
11,220
15,599
9,967
2,590
8,251
11,220
15,599
9,967
2,590
8,251
11,762
11,726
6,883
1,726
7,206
E47,627 E47,627 E39,303
1OTAL
INCOMING
RESOURCES
E317,342 E82,227 E399,569 f301,806

3. E XPENDITURE
ON
Unrestricted Restricted Total Funds
Funda Funds 2023 2022
3(a) Charitable
Activities
Mission
and Charitable
Giving
Ministry
—Dzocesan
Pazish
Share
—Vicar's
Expenses
Worship
and Service Expenses
WOzehip
HOSpitality
Organist
Salaries,
Pensione
and Expenses
—Famzly
Worker
Schools Ministry
Pastoral
Support
and Other
Outr
Training
Costs
Church
Running
Expenses
—Energy
Insurance
—Maintenance
and Repairs
—Churchyard
Expenses
—Other
Running
Costs
Church
Hall Expenses
—All Sainte
—St. Mary' s
Lunch
Club
Fund Raising
Expenses
Operations
Manager
Office Administrator
Parish
Administration
Parish
Magazine
Expenses
Hospitality
Costs
Other Ministzy
Costs
Carrington
Lane Costs
Non-recurring
items
All Saints
each 23,142
108,000
1,202
3,698
772
203
750
1,127
1,979
9,925
3,616
4,121
3,457
1,518
15,165
7,071
I,183
503
18(182
11,805
7,413
7,366
517
2(140
1(265
2,033
2,570
112
25,266
387
2,479
236
624
25,175
1081000
31772
3,698
772
315
25,266
1,137
1,127
I,979
9(925
3(616
4,121
3,457
I(518
15,165
7,071
11183
503
18,182
11,805
9,892
7,366
517
2(376
1,889
231030
108,119
6,135
3,728
180
6,718
2(439
533
9,970
3,897
2(513
5,817
822
12(406
7,572
1,065
1,221
12,000
11,657
5,552
7,594
3,645
1,093
—Church
Hall
Improvements
—Liveetresm
Project
—Upgrade
Webszte
—South
Window
Refurbishment
LED Lighting
Project
Carrington
Lane Refuzbishaen
St Mary' s
Church
Hall
Improvements
585
5,035
62 I029
1,781
18
50,626
1,781
603
5,035
62,029
50,626
6,040
146
1,978
1(277
f303,769 f86,132 f389,901 f247,147
3(b) Governance
Costs
Trustees
Liability
Insurance
Independent
Examination
Fees
438
1,200
438
I(200
I(220
1,638 1,638 1,220
TOTAL EXPENDITURE f305,407 f86,132 f391,539 f248,367



this
reguizsmsn

t
amounted

to
61,306 (2022:
43,231),
6. De omit Accounts 2023 2022
All Saints
Central
Board
St Mazy's
Central
Board
of Finance
of Finance
210,215
16,948
90,823
16,422
6227,163 6107,245
7. Debtors
and Pze
a
snta
2023 2022
Income
Tax Recoverable
Other
Debtors
7,888
4,030
11,667
721
611,918 f12,388
8. Amounts
fallin
due within one ar 2023 2022
Defszrsd
Income
Accruals
Other
Creditors
4 I819
2,134
3,627
2,585
4,136
3,041
410,580 49,762

,
turn it to the origi
exit the stonework.

nal
lime rend


er
which


will
allow
g
an
the
damp
sstzicted
Funds
.1.2023 I ~R 31.12.
23
All Saints
Family Ministzy
Church
Repairs
and
Livestzeam
Project
Website
Update
Vicarage
Cleaning
Music
Improvements 32,310
16,901
1,010
19
1,371
112
20r957
500
1,250
4p000
25,652
II781
19
2,570
112
27,615
17,401
479
2,801
43 Carzington
Lane
Computer
Egcipmsnt
St Mary' s
2,923 51,250
2,479
1,791
51,250
2,479
2,269
2,445
654,646 f82,227 686,132 650,741

Assets relating to the Restricted Funds are as follows:
2023 2022
Investments 650,741 654,646

atement
of Financial
Activities
for ths ear to 31st December
2022
Unrestricted Restricted Total
Funds Funds Funds
INCOMING
RESOURCES
Income
and
endowments
from
Donations
and legacies
Other
trading
actavzties
Investments
Charitable
activities
244,864
13,834
1,671
39,303
2,134 246,998
13,834
1,671
39,303
TOTAL
INCOME
AND
ENDONMENTS
6299,672 f2,134 f301,806
RESOURCES
EXPENDED
E~dt *
Charitable
activities
Governance
costs
231,986
1,220
15,161 247,147
1,220
TOTAL
RESOURCES
EXPENDED
f233,206 f15,161 f248,367
NET
INCOME/ (EXPENDITURE)
66,466 (13,027) 53,439
Fund balances at 1st dancery 2022 126,827 67,673 194,500
FUND
BALANCES
AT 3181 DECEMBER
2022 f193,293 f54,646 f247,939