| ! Church i« t. |
Annual Report a |
Annual Report a |
nd Accounts for | the year ended 31 | stDecember 2022 | |
|---|---|---|---|---|---|---|
| Statement of Financial Activities | (SOFA) | |||||
| Unrestricted | Restncted | Endowment | Prier yeer | |||
| funds | funds | funds | Total funds | funds | ||
| 6 | f | f | f | 6 | ||
| Incoming resources | ||||||
| Incoming resources from | ||||||
| generated funds |
||||||
| -Voluntary income |
2 | 326,653 | 5,769 | 332,422 | 353,395 | |
| -Activities for generating | ||||||
| funds | 4 | 5,963 | 5,963 | 1,848 | ||
| -Investment income |
3 | 43,505 | 9,160 | 52,665 | 44,628 | |
| Incoming resources from | 4 | 16,582 | 16,582 | 7,932 | ||
| charitable activities |
||||||
| Other incoming resources | 5 | 700 | 96,050 | 96,750 | 99,750 | |
| Total incoming resources | 393,403 | 110,979 | 504,382 | 507,553 | ||
| Resources used | ||||||
| Charitable activities |
6 | 367,456 | 97,451 | 464,907 | 433,474 | |
| Governance costs |
||||||
| Other resources used | ||||||
| Total resources used | 367,456 | 97,451 | 464,907 | 433,474 | ||
| Net income / (expenditure) | 25,947 | 13,528 | 39,475 | 74,079 | ||
| Transfers | ||||||
| Gross transfers between |
||||||
| funds —in | 9,160 | |||||
| Gross transfers between | ||||||
| funds —out |
(9,160) | |||||
| Net income / (expenditure) | 35,107 | 4,368 | 39,475 | 74,079 | ||
| Other recognised | ||||||
| gains/lasses | ||||||
| Gains/losses on investment |
||||||
| assets | (34,827) | (34,827) | 39,770 | |||
| Gains on revaluation, fixed |
||||||
| assets, charity's own use |
||||||
| Net movement in funds |
35,107 | 4,368 | (34,827) | 4,648 | 213,849 | |
| Reconciliation offunds | ||||||
| Total funds brought forward | 207,473 | 1,000 | 1,413,988 | 1,622,461 | 2,508,612 | |
| Total funds carried forward | 242,580 | 5,368 | 1,379,161 | 1,627,109 | 1,622,461 | |
| 10 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Nate | |||||
| Fixed Assets | |||||
| ,'Tangible assets |
1,119,051 | 2,225,620 | |||
| Investments | 284 161 | ~328988 | |||
| 1,403,212 | 2,444,598 | ||||
| Current assets | |||||
| Stacks &works in progress | 0 | 0 | |||
| Debtors | 8,403 | 6,959 | |||
| Cash at bank | and in | hand | 257934 | 232397 | |
| 266,337 | 238,356 | ||||
| Creditors: amounts | falling due within 1year | 10 | (5,440) | (23,493) | |
| Net current | assets | 260 897 | ~224 863 | ||
| Total assets | less current liabilities | 1,664,109 | 2,659,461 | ||
| Provisions for liabilities | (37,000) | (37,000) | |||
| Net assets | 1,627,109 | 1,622,462 | |||
| Represented | by: | ||||
| Unrestricted | funds | 242,580 | 207,473 | ||
| Restricted funds | 5,368 | 2,000 | |||
| Capital funds | 1,379,161 | 2,423,988 | |||
| 1,627,109 | 1,622,462 | ||||
| Funds afthe | church |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| 6 | 6 | f | |||
| 2 | Voluntary income |
||||
| Planned giving: |
|||||
| Gift Aided donations | 163,200 | 163,200 | 170,996 | ||
| Taxrecoverable thereon |
40,800 | 40,800 | 43,262 | ||
| Charity vouchers | 66,399 | 66,399 | 72,338 | ||
| Other planned giving |
42,978 | 42,978 | 49,462 | ||
| Collections | 6,210 | 6,210 | 4,152 | ||
| Gift Aid on Small Donations | 1,552 | 1,552 | 1,021 | ||
| Planned and regular giving |
321,139 | 321,139 | 341,231 | ||
| Non-recurring donations: |
|||||
| Gift Aided donations | 1,600 | 60 | 1,660 | 6,780 | |
| Tax reclaimed | 410 | 15 | 425 | 1,445 | |
| Other donations | 2,547 | 5,694 | 8,241 | 890 | |
| Legacies | 957 | 957 | 3,049 | ||
| Total voluntary income |
326,653 | 5,769 | 332,422 | 353,395 | |
| 3 | Investment &rental income |
||||
| 63Cedars Rd. &other rents | 42,260 | 42,260 | 35,583 | ||
| Interest from bank accounts | 901 | 901 | 19 | ||
| Thomas Trust income | 9,160 | 9,160 | S,692 | ||
| Other Trust income | 344 | 344 | 334 | ||
| 43,505 | 9,160 | 52,665 | 44,628 |
| Income from church ac | tiviti | es | ||||
|---|---|---|---|---|---|---|
| 2022 f |
2021f | |||||
| Junior Jivers Income | 220 | 350 | ||||
| Children/Youth Income |
0 | 92 | ||||
| Lens Income | 1,712 | 0 | ||||
| Student Income | 3,125 | 1,049 | ||||
| 20's &30's Income | 0 | 0 | ||||
| Dad &Co./Adult Income |
0 | 0 | ||||
| Special Event Income | 7,805 | 3,988 | ||||
| Church Weekend Away |
473 | 0 | ||||
| BookSales | 147 | 5 | ||||
| Training &development |
0 | 0 | ||||
| Wedding 8 Funeral Fees |
2,000 | 2,396 | ||||
| Sundry income | 1100 | 52 | ||||
| Subtotal | 16,582 | 7,932 | ||||
| Centre Bookings &churchyard | income | 5,963 | 1,848 | |||
| 22,545 | 9,780 | |||||
| Other incoming resources |
||||||
| E | 6 | |||||
| Grants from Larkbeare | Christian | Trust | (Restricted Funds) | 96,050 | 99,750 | |
| Insurance claims (Unrestricted |
Funds) | 700 | 0 | |||
| 96,750 | 99,750 | |||||
| Cost ofchurch activities | ||||||
| 6 | E | |||||
| Common fund contribution |
190,894 | 190,961 | ||||
| Staff Costs (see also note 6a) | 138,071 | 122,054 | ||||
| Buildings &Other Property | Maintenance | 12,469 | 23,827 | |||
| Houses —insurance 8 utilities | 5,090 | 0 | ||||
| Donations to Mission Partners | &Agencies | 56,745 | 60,000 | |||
| Church &Centre utilities | 7,628 | 6,297 | ||||
| Church &Centre insurance | & running | costs | 15,196 | 10,723 | ||
| Photocopying & printing |
590 | 987 | ||||
| Telephone, website & ITsupport | 2,077 | 3,328 | ||||
| Generalexpenses | 1,494 | 1,538 | ||||
| Ministry | 5,746 | 2,818 | ||||
| Church Weekend Away |
281 | 0 | ||||
| Special Events | 9,456 | 4,095 | ||||
| Bookstall Costs & Other | Books | 1,184 | 577 | |||
| Copyright fees | 1,619 | 1,520 | ||||
| Depreciation | 11,598 | 11,440 | ||||
| Sundry expenses | 1131 | 705 | ||||
| Legal and professional fees |
2,103 | 120 | ||||
| Specific items expenditure | 1,535 | 3,504 | ||||
| 464,907 | 433,474 |
| , , Church I;, 6a Staff Costs |
, | Annual Report and Accoun |
ts forthe year ended 31st De | cember 2022 |
|---|---|---|---|---|
| 2022 f |
2021f | |||
| Gross salaries | 112,663 | 78,959 | ||
| Ministry Assistants' | allowances | 0 | 6,028 | |
| Employers' National |
Insurance | 3,269 | 2,267 | |
| Pension Contributions | 15,349 | 12,677 | ||
| Housing costs | 0 | 9,227 | ||
| Staff training, development |
and expenses | 6,790 | 2,896 | |
| 138,071 | 111,054 |
| fthe staff costs,f96,050 has been | covered by giving throug |
h Restricted Funds. |
|
|---|---|---|---|
| 7 Tangible fixed assets | |||
| Cost or Valuation | Property E |
Equipment f |
Total f |
| As at 1January 2022 | 1,095,000 | 81,212 | 1,176,212 |
| Additions | 5,039 | 5,039 | |
| Disposals | (5,947) | (5,947) | |
| As at31December 2022 | 1,095,000 | 80,304 | 1,175,304 |
| Depreciation | |||
| As at 1January 2022 | 50,602 | 50,602 | |
| Charge for the year | 11,598 | 11,598 | |
| Disposal | (5,947) | (5,947) | |
| As at 31December 2022 | 56,253 | 56,253 | |
| Net BookValue | |||
| As at 1January 2022 | 1,095,000 | 30,610 | 1,125,610 |
| As at 31December 2022 | 1,095,000 | 24,051 | 1,119,051 |
| Investments | ||||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Other | Thomas | Total | Total | |||
| Trust | ||||||
| f | f | f | f | |||
| Market value at 1January 2022 | 13,016 | 305,972 | 318,988 | 279,218 | ||
| Revaluations | (1,515) | (33,312) | (34,827) | 39,770 | ||
| Market value at 31December 2021 | 11,501 | 272,660 | 284,161 | 318,988 | ||
| he Thomas Trust is a restricted | endowment | fund —see | Note (c)in accounting policies and Note 3 |
|||
| oncerning where the funds are invested. | ||||||
| Debtors | ||||||
| 2022 f |
2021f | |||||
| Debtors | 2,895 | 2,543 | ||||
| Legacy income accrued | ||||||
| Prepayments | 766 | |||||
| Accounts payable | ||||||
| Gift aid tax owing | 5,508 | 3,650 | ||||
| 8,403 | 6,959 | |||||
| 0 Creditors: Amounts | falling due within | one year | ||||
| 2022 f |
2021f | |||||
| Creditors | 3,443 | 5,299 | ||||
| Diocesan fees | 0 | 1,234 | ||||
| Receipts in advance | 1,837 | 16,960 | ||||
| Agency Collections | 160 | 0 | ||||
| 5,440 | 23,493 | |||||
| 1Provisions for liabilities | ||||||
| Total | ||||||
| f | ||||||
| At 1)anuary 2022 | 37,000 | |||||
| Utilised | ||||||
| At 31December 2022 | 37,000 |
| 14 Funds | |||||||
|---|---|---|---|---|---|---|---|
| Opening | Net | Transfers | Gains/ | Closing | |||
| resources | losses | ||||||
| 6 | 6 | ||||||
| Unrestricted funds |
|||||||
| General fund —St | 207,473 | 25,947 | 9,160 | 242,580 | |||
| I.eonard's | |||||||
| Total unrestricted | funds | 207,473 | 25,947 | 9,160 | 242,580 | ||
| Restricted funds | |||||||
| St. Ieonard's | 1,000 | 13,528 | (9,160) | 5,368 | |||
| Other | |||||||
| Total restricted | funds | 1,000 | 13,528 | (9,160) | 5,368 | ||
| Capital funds | |||||||
| Property fund | 1,095,000 | 1,095,000 | |||||
| Investment fund |
318,988 | (34,827) | 284,161 | ||||
| Total capital funds | 1,413,988 | (34,827) | 1,379,161 | ||||
| TOTAL FUNDS | 1,622,461 | 39875 | 0 | (34,827) | 1,627,109 |