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2023-12-31-accounts

ElectedMembers:
SaraConroy toApril2023
AnnieColey toApril2A23
EleanorChilds toApril2023
Justine Jenner toApril2A24
JulieWaine toApril2024
BridgetHughes toApril2A25
AndrewTapp toApril2025
Charlie VanWijk
DavidHarvey
e toApril 2025
toApril2A26
ChristineGreaves toApril2A26
Helen Vasper toApnlTAZG
MaddyClark toApril2A26

Ll55 PAROCHIALCHURCHCOUNCILResCharity:LLzszte Ll55 PAROCHIALCHURCHCOUNCILResCharity:LLzszte Ll55 PAROCHIALCHURCHCOUNCILResCharity:LLzszte Ll55 PAROCHIALCHURCHCOUNCILResCharity:LLzszte Page 1of5 Page 1of5
FinancialStatementsforYear Ended31 December2BZ3
Receiptsand Payments Unrestricted Fund Designated Restricted AllFunds
RECEIPTS Notes 2A23 2A22 Funds Funds 2023 2022
Voluntary
Plannedgiving
Gift aidtax recovered
Collectionsatservices
Donations and Appeals
VoluntaryReceiptsTotal
56,71L
L2,797
2,598
7,500
79,64L
59,t74
L3,047

L,675

5,659
79,554
{NoteC}
1,000
1,000
(NoteD)
1,509
1,505
t9,257
2L,27t
56,7tL
L43At
4,L03
26,757
L0t,g72
59,L74
L3,574
2,369
LL,52A
95,637
Legacies 5,000 5,000 200
Grants 1,800 2,797 L7,465 18,865 3,2L7
Activities
Fundraising 304 6,091 6,395 1,994
SaleofFixtures 1,051 1,051
Parishmagazineincome 11 3,532 4,484 3,532 4,494
Feesfor weddings/funerals I 3,942 2,A43 3,942 2,043
Propertyrent 2 8,704 8,350 8,700 9,350
Church HireFees 1,345 1,794 L,345 L,794
ActivityReceiptsTotal t8,570 t6,67L 304 6,091 24,965 19,555
lnvestment Income
Dividends 7AA 3,505 700 3,505
Bank&Depositinterest 1,480 4 4,397 t,454 7,33t 815
lnvestment lncome Total 2,L80 3,509 4,397 L,454 8,031 4324
RECEIPTSTota L02,151 101,531 27,766 28,8t6 159,733
PAYMENTS
Diocesan Share 70,538 70,539 70,539 70,539
€lergy & Staffing
Clergy&Reader expenses 347 7L6 347 7L6
Staffhonoraria 9,859 9,498 9,869 g,4gg
Rectory costs 32 23L 32 23L
Clergy& Staffing Total L0,247 L0,445 L0,247 LA,445
Charitable Giving L2 L,825 4,825 L7,276 19,101 8,447
Church RunningCosts
lnsurance 2,099 'iL,908 2,099 1,909
Buildingmaintenance 2,A65 5,79L 2,A65
5,79L
Services Expenses L,255 1,365 L,265 L,366
Organ&Piano 544 - 544
Housekeeping 253 L24 263 L24
Churchyard 1,0g0 3,956 1,090 3,955
Gas/electricity/water 4,794 5,857 4,794 5,957
Telephone& lnternet 464 427 460 427
Photocopying LL,L4 1,339 t,476 L,339 L,A76
Administration 1,936 1,059 1,836 1,059
Church RunningCostsTotal L5,20L 22,LAg 15,201 22,LAg
Activities
Parishmagazine costs LL,t4 L,927 1,993 L,927 L,993
Children&Family 235 254 236 254
EventExpenses 478 428
Hospitality & CommunityEvents 543 513 543 1,063
Trio 230 230
ProfessionalFees 3,973
ActivityPaymentsTotal 2,746 2,gga 428 3,L34 7,5L3
PAYMENTSTOTAI
Reordering&Roof payments
NETRECETPTS/-PAYMENTS
100,517
L,634
110,906

-9,375
$z,qlr
-74,7A5
L7,704LLS,aaL119,011
LA2,47L
LL,LLa -51,959-7,072
FinancialStatementsforYear En
Assetsand Liabilities
ded31December2A ded31December2A 23
Unrestricted Designated Restricted Total TotaI
Notes Fund Funds Funds AIIFunds AllFunds
2023 2A23 2023 24?,3 2422
ASSETS L
FreeholdProperty 2 150,000 150,000 150,000
lnvestments at MarketValue
lnvestment&PropertyFunds Br5 56,266
DepositFund B 39,923 37,523 2L,657 gg,ro, LL3,436
lnvestments A,C,D 39,923 37,523 2L,657 99,103 L6g,7A2
Bank -Current Accounts 28,66r -397 2,205 30,459 22,L97
TOTALASSETS 2L8,584 37,126 23,962 279,572 341,ggg
NoteC NoteD
LIABTLTTTES(Note13)
Roofing Costs(ex VAT) 4 6,L29 6,L29
Prepaid MagazineAdverts LL 509 509 1,338
TOTALLIABILITIES 509 6,L29 5,539 1,339
NET ASSETS 218,A75 30,997 23,962 272,934 340,551
2022 2L5,97r 96,691 27,ggg 340,551
NOTEA-BANKRECONCILIATION
AtLstJanuary L9,443 2,697 457 22,L97 36,332
Receipts/(-Payts) Page1 1,634 -74,705 11,112 -6L,959 -7,O72
DepositTransfers 7,994 71,621 9,364 70,24L 7,473
At31st December 29,66L 397 2,2A5 30,459 22,r97
NoteB -INVESTMENTS
CBFFunds Dep Fund PropFund Total2A23 Total2A22
1stJanuaryValuation LL3,436 56,266 L6g,7A2 L74,840
Saleoflnvestments 55,909 -55,909 0
NetWithdrawals -74,24L -74,24L 7,473
ChangesinMarketValue2023
OnSoldlnvestments -3s8 -358 -4,732
Onlnvestments held at endofyear -7,479
31DecemberValuation 99,103 99,103 L69,702
NoteC-DESIGNATEDFUNDS Notes Roof Child&Fam Totals Totals
lncome Note5 Mission 2A23 2A22
Legacies 5,000 5,000 200
Donation 1,000 1,000
lnterestReceived 3,L76 L,22L 4,397 705
Fundraising 304 304
Grants 7 L7,465 L7,065
420
Totallncome 26,545 1,22L 27,766
L,325
Expenditu re
ContractorCosts 85,846 86,845
ArchitectFees L2,T92 L2,Lg2
3,973
BatSurvey 3,433 3,433
TotalExpense L02,47L ra2,47L
3,973
NetExpense(-)/lncome -75,926 t,221 -74,705 -2,649
BalancelJanuary 7L,202 25,479 95,691 gg,32g
CostTransfer- RestrictedFund t5,L49 L5,I49
Balance31 December L0,425 25,7A0 37,L25 96,591
EstimatedOutstandingRoofCosts 6,L29
NoteD -RESTRICTEDFUNDS Notes Roof Child&Farn
Mission
Rectors
Fund
Rectors
Fund
Events&
Collections
Specific 2023
DonationsTotal
Specific 2023
DonationsTotal
Specific 2023
DonationsTotal
ZO2Z
Total
Note13 Note12
lncome
Donations 2,599 1,500 800 13,359 L9,257
5,962
Fundraising 5,L27 964 5,091 L,gg4
ChurchCollections 1,505 1,505 694
Giftaidtax recovered 5L0 375 624 1,509 527
lnterestReceived 351 L,103 L,454 L06
Totallncome
Expenditure
8,587 1,103 L,875 3,893 13,359 2g,gL6
9,093
CharitableGiving
EventExpenses
Lz 353 100 3,819
75
13,359L7,276
428
3,592
550
TotalExpense 3s3 100 3,993 13,359 t7,704 4,L32
NetExpense(-)llncome
BalancelJanuary
CostAllocationfrmDesignated
9,234
6,915
'15':ot
1,103
20,554
L,775
430
LL,LL?
27,ggg
-L5,I4g-

4,951
23,949
L,000
Balance 31December 2L,557 2,2A5 23,962 27,ggg
OpeningBalances
Receipts
Roof
78,LL7
35,!32
CFM
Rector
45,033
430
2,324L,975
pecific
3,893
r:,gsg
Payments
NetChangeforYear
-L02,924
-67,692
2,324 100
L,775
t,:rr -
13,3s8
Closing Balances r0,425 48,357 2,2A5


Aquinquennialassessmentisscheduled in 2024.
7 GrantsReceived - 2023 zo2z
EHDCtowards Churchyardmaintenance
LissParishCouncil
1,100
2OO
L,Og7
200
PortsmouthDiocese Church EnergyGrant
Subtotal
ListedPlacesof Worship(LPOW)GrantScheme-RoofTile
replacement(seenote4) 500
1,gOO
17,065
1,500
2,797

4ZO
LPOWgrantsare basedonVATpaid on fixed buildinginfrastructurecosts,including professionalfees.
8 FeesFromWeddings andFunerals 2023 2022
AmountReceived byPCCnet ofdisbursements
PaymentstoDiocese
Netlncome
6,1g6
2,244
3,942
5,309
3,266
2,A43

11 ParishMagazine
lncome 2423 2022
Advertising L,223 2,L57
Subscriptions 2s}e 2,327
Totallncome 3,532 4,494
Expenditure
CopierCosts(allocation)&Postage r,927 1,993
Net lncome 1,605 2,49L
LZCharitable Giving
FromParishFunds 2023 2A22
Crossover 1,800 L,800
ARocha-CaringforGod'sEarth 750
Christians Against Poverty 7s0
MissionsAviationFellowship 750
JointCouncilforWelfareoflmmigrants 750
Miscellaneous 25 25
From SpecialCollections(SeeFootnote and NoteD)** r,825 4,825
Events-PopupBreakfast- SavetheChildren L,t47 1,356
- UkrainianChoir Concert 887 1,532
SpecialCollections- RoyalBritishLegion 390 396
-Childrens SocietyChristingle 429 298
-Samara Earth Quake 359
UgandaRockProject 606
3,818 3,592
From FundsDonatedforCharities 13,458
Charitable Giving Expenditure Total 19,101 8,4A7