## **Financial Report 2023 (on 2022 Accounts)** **An overrview of our main bank accounts for St. John's is given below. This is followed by summary figures for our Current Account and our Buildings Deposit Account. Main summary points are then given.** ## **All Accounts 2022 Overview** |**All** **Accounts** **2022** **Overview**|**All** **Accounts** **2022** **Overview**| |---|---| |**YEAR TOTALS TO**
**DEC 2022**|| |**Incomings**|| ||**INCOMINGS**| ||Current Account
100,895.54| ||| ||Buildings Account
4,915.20| ||Children's Accountrestricted
2,501.26| ||Cobden Close Accountdesignated
8,860.33| ||**Total INCOMINGS**
**117,172.33**
**OUTGOINGS**| ||Current Account
96,358.35| ||Buildings Account
7,466.59| ||Children's Accountrestricted
1,265.23| ||Cobden Close Accountdesignated
1,096.73| ||Elevate Church Accountrestricted
249.00| ||**Total OUTGOINGS**
~~**106,435.90**~~| ||BALANCE
10,736.43| ## **Current Account End of Year 2022 Summary** |**Incomings**
**TOTAL** **2022**|**Incomings**
**TOTAL** **2022**| |---|---| ||**INCOMINGS**| ||Regular Giving
37,375.30| ||GivingOther
6,658.57| ||Church Hires and Use
4,306.88| ||Grants
9,313.00| ||Life Event Collections
689.95| ||Wedding& Funeral Fees
7,279.00| ||Rent from Properties and Phone Masts
33,667.18| ||Misc
1,605.66| ||**Total** **INCOMINGS**
**100,895.54**| **Current Account End of Year 2022 Summary** ## **OUTGOINGS** |**OUTGOINGS**|| |---|---| |2100 - Common Fund|45,835.00| |Building and Grounds Works|7,064.00| |Wedding & Funeral Fees|4,800.00| |2515 - Licenses|560.17| |2917 - Gifts|526.32| |Contactless Reader Charges|262.80| |Insurances|6,777.65| |2210 - Testing and Regular Maintenance|3,269.96| |2220 - Building Maintenance|4,299.57| |2230 - Organ/Piano Tuning|456.00| |Staff Expenses|8,008.33| |2400 - Ministry/Mission|1,924.04| |2500 - Church Services|370.83| |2530 - Church Internet|432.00| |Office|705.55| |2620 - Vicarage House|65.00| |2700 - IT Software|263.00| |2710 - IT Hardware & Equipment|1,797.00| |Fuel & Water|4,944.22| |Expenses Properties|2,012.91| |Misc|1,984.00| |**Total OUTGOINGS**|**96,358.35**| |BALANCE|4,537.19| ## **Buildings Deposit Account 2022** **TOTAL 2022** ## **Incomings** ||**INCOMINGS**|**INCOMINGS**|**INCOMINGS**| |---|---|---|---| |||**Buildings Deposit Account**|| |||3505 - National Churches Trust
4,862.00|| |||3520 - Bank Interest Business Deposit Acc
53.20|| ||**Total INCOMINGS**
**4,915.20**
**OUTGOINGS**||| |||**Buildings Deposit Account**|| ||||
| |||4225 - Building Projects Business Deposit Acc
4,488.00|| |||4250 - Equipment Business Deposit Acc
2,978.59|| |||**Total OUTGOINGS**
**7,466.59**|| |||Business Deposit Account|| |||BALANCE
(2,551.39)|| ## **Main Summary Points** As shown above, and overall, our total incomings of £117.1k are against an expenditure of £106.4k to show a balance of £10.7k. However, this is not a true picture of how we stand as we can only use the 'Current Account' and 'Buildings Deposit Account' for our 'everyday' expenditure and these are the accounts that we really use each year as a measure our income and expenditure. These are the accounts that we 'live by' in our giving, income and expenditure. The other accounts have external funding sources and are totally restricted or designated. **Current Account** Our balance for the year is £4.5k. We are thankful for a legacy gift of £4.3 k from the estate of Margaret Buckingham and we didn't pay our last instalment of the year of £4.1k to the Common Fund. Our fuel bill for 2022 was £4.9k! We were helped with a grant for £2.6k which will is not available again for us. We still have Gift Aid payments to come in. We need to increase our giving as we journey in faith towards fulfilling God's vision for us. **Buildings Deposit Account** Our balance for the year was a deficit of £2.5k on this account. We spent £3k on a new sound desk and equipment, thanks to a gift of a few ears ago, and these have made a noticeable difference to our sound quality. (Yes, the buildings deposit account isn't solely to do with buildings!) Thank you everybody for all you do to give generously to the work of God and his kingdom. We are stewards of the resources God has given to us individually, and as a church, and we need to continue to be generous as we are not a social club but God's anointed body called to be a blessing by giving. What does God want us to do individually with the resources he has entrusted us with? Plesae let me know if you need any further information relating to our accounts. Thank you to Nikki (Administrator) and Ursulyn (Treasurer) who have helped so much as we have moved over to a web-software solution using a teamapproach to our accounting systems, using 'Xero' software. This is indeed helping our overall efficiency, organisation and reporting. Alan ## **Financial Report 2023 (on 2022 Accounts)** **An overrview of our main bank accounts for St. John's is given below. This is followed by summary figures for our Current Account and our Buildings Deposit Account. Main summary points are then given.** ## **All Accounts 2022 Overview** |**All** **Accounts** **2022** **Overview**|**All** **Accounts** **2022** **Overview**| |---|---| |**YEAR TOTALS TO**
**DEC 2022**|| |**Incomings**|| ||**INCOMINGS**| ||Current Account
100,895.54| ||| ||Buildings Account
4,915.20| ||Children's Accountrestricted
2,501.26| ||Cobden Close Accountdesignated
8,860.33| ||**Total INCOMINGS**
**117,172.33**
**OUTGOINGS**| ||Current Account
96,358.35| ||Buildings Account
7,466.59| ||Children's Accountrestricted
1,265.23| ||Cobden Close Accountdesignated
1,096.73| ||Elevate Church Accountrestricted
249.00| ||**Total OUTGOINGS**
~~**106,435.90**~~| ||BALANCE
10,736.43| ## **Current Account End of Year 2022 Summary** |**Incomings**
**TOTAL** **2022**|**Incomings**
**TOTAL** **2022**| |---|---| ||**INCOMINGS**| ||Regular Giving
37,375.30| ||GivingOther
6,658.57| ||Church Hires and Use
4,306.88| ||Grants
9,313.00| ||Life Event Collections
689.95| ||Wedding& Funeral Fees
7,279.00| ||Rent from Properties and Phone Masts
33,667.18| ||Misc
1,605.66| ||**Total** **INCOMINGS**
**100,895.54**| **Current Account End of Year 2022 Summary** ## **OUTGOINGS** |**OUTGOINGS**|| |---|---| |2100 - Common Fund|45,835.00| |Building and Grounds Works|7,064.00| |Wedding & Funeral Fees|4,800.00| |2515 - Licenses|560.17| |2917 - Gifts|526.32| |Contactless Reader Charges|262.80| |Insurances|6,777.65| |2210 - Testing and Regular Maintenance|3,269.96| |2220 - Building Maintenance|4,299.57| |2230 - Organ/Piano Tuning|456.00| |Staff Expenses|8,008.33| |2400 - Ministry/Mission|1,924.04| |2500 - Church Services|370.83| |2530 - Church Internet|432.00| |Office|705.55| |2620 - Vicarage House|65.00| |2700 - IT Software|263.00| |2710 - IT Hardware & Equipment|1,797.00| |Fuel & Water|4,944.22| |Expenses Properties|2,012.91| |Misc|1,984.00| |**Total OUTGOINGS**|**96,358.35**| |BALANCE|4,537.19| ## **Buildings Deposit Account 2022** **TOTAL 2022** ## **Incomings** ||**INCOMINGS**|**INCOMINGS**|**INCOMINGS**| |---|---|---|---| |||**Buildings Deposit Account**|| |||3505 - National Churches Trust
4,862.00|| |||3520 - Bank Interest Business Deposit Acc
53.20|| ||**Total INCOMINGS**
**4,915.20**
**OUTGOINGS**||| |||**Buildings Deposit Account**|| ||||
| |||4225 - Building Projects Business Deposit Acc
4,488.00|| |||4250 - Equipment Business Deposit Acc
2,978.59|| |||**Total OUTGOINGS**
**7,466.59**|| |||Business Deposit Account|| |||BALANCE
(2,551.39)|| ## **Main Summary Points** As shown above, and overall, our total incomings of £117.1k are against an expenditure of £106.4k to show a balance of £10.7k. However, this is not a true picture of how we stand as we can only use the 'Current Account' and 'Buildings Deposit Account' for our 'everyday' expenditure and these are the accounts that we really use each year as a measure our income and expenditure. These are the accounts that we 'live by' in our giving, income and expenditure. The other accounts have external funding sources and are totally restricted or designated. **Current Account** Our balance for the year is £4.5k. We are thankful for a legacy gift of £4.3 k from the estate of Margaret Buckingham and we didn't pay our last instalment of the year of £4.1k to the Common Fund. Our fuel bill for 2022 was £4.9k! We were helped with a grant for £2.6k which will is not available again for us. We still have Gift Aid payments to come in. We need to increase our giving as we journey in faith towards fulfilling God's vision for us. **Buildings Deposit Account** Our balance for the year was a deficit of £2.5k on this account. We spent £3k on a new sound desk and equipment, thanks to a gift of a few ears ago, and these have made a noticeable difference to our sound quality. (Yes, the buildings deposit account isn't solely to do with buildings!) Thank you everybody for all you do to give generously to the work of God and his kingdom. We are stewards of the resources God has given to us individually, and as a church, and we need to continue to be generous as we are not a social club but God's anointed body called to be a blessing by giving. What does God want us to do individually with the resources he has entrusted us with? Plesae let me know if you need any further information relating to our accounts. Thank you to Nikki (Administrator) and Ursulyn (Treasurer) who have helped so much as we have moved over to a web-software solution using a teamapproach to our accounting systems, using 'Xero' software. This is indeed helping our overall efficiency, organisation and reporting. Alan CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Sectlon A Independent Examlner'8 Report Report to the trusteesl members of St.John's Church Hillingdon On accounts for the year ended 31 December 2022 Charity no (if any) 1128058 Set out on page I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31 December 2022. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Date: 11 June 2023 Name: Chaweevan Williams FCCA Relevant professional qualification(s) or body Chartered Certified Accountants Address: Verdant Accountants Limited 20-22 Wenlock Road, London N17GU CHARITY COMMISSIO FOR ENGLAND AND WALE rill, fNJ 1111( 14ri lif St.John's Church Hillingdon Receipts and payments accounts 1128058 For the period from 01.01.2022 To 31.12.2022 Section A Receipts and payments Unrestricted funds to tha nearost Restricted funds Endowment funds Total funds Last year to Ihe nearest £ to the nearest £ to tho nearest £ to the nearest £ A1 Receipts Unrestricted Incomes Reslricted - Building Account Income Restricted - Children Account Income Restricted - Cobden Close Account Income 100,896 100,896 4,915 2,501 106,052 26,768 2,490 4,915 2,501 8.860 8,860 7,957 Sub total(Gross income for AR) A2 Asset and investment sales, (see table). 100,896 16,276 117,172 143,267 Sub total Total receipts 100,896 16,276 117,172 143,267 A3Pa ments Unrestricted Outgoings Restricted - Building Account Outgoing Restricted - Children Account Outgoing Restricted - Cobden Close Account Outgoing Miscellaneous Outgoing 96,358 96.358 7,467 1.265 115.609 41,125 1,026 7,467 1,265 1.097 249 1,097 249 2,483 69 Sub total 96,358 10,078 106,436 160,312 A4 Asset and investment purchases, (see table) Sub total Total payments 96,358 10,078 106,436 160,312 Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end 4,538 (58,918) 82,768 28.388 6,198 58,918 90,668 155,784 10,736 (17,045) 173,436 184,172 190,481 173,436 Section B Statement of assets and liabilities at the end of the period Unrestricted funds to nearest £ Restricted funds to nearost £ Endowment funds to nèarost £ Categories Details 81 Cash funds Current Account- General Fund 28,388 Buslness Deposll Account 56,366 Baron Hillingdon - (chancel only) 38,606 Chlldren's Account 4.514 Cobden Close 39,386 Elevate Church 16,912 Total cash funds 28,388 155,784 (egree balances wlth receipts and payrnenls 8ccounl(s)) (J I Unrestricted funds to nearest £ 108,068 ()1 o< Restrlcted funds to nearest £ Endowment funds to nearest £ Details Investments: Epworth Investment Management- Designated fund B2 Other monetary assets Gift Aid Recoverable 22,000 Fund to whlch asset belongs Current valuo (optional) Details Property: Cost (optjonal) B3 Investment assets 127 Cobden Close RestrScted 250.000 21 St.David's Close General 260.000 155 Pield Heath Road General 450,000 Fund to whlch asset belongs Cost (optional) Current value (optlonal) Details B4 Assets retained for the charity's own use Fund to which liability relates Amount due (optional) When due (optional) Details B5 Liabilities None NIA Signed by one or two trustees on behalf of all the trustees Date of approval Signature Print Name Alan Bradford 1010612023