| Contents | ||
|---|---|---|
| Page | ||
| Annual Report |
1-5 | |
| Independent Examiners |
Report | |
| Statement of Financial | Activities | |
| Statement ofAssets and Liabilities | ||
| Notes tothe Accounts | 9-14 |
| PCC me | mbers | who | served from | 1January 2023 until the date this | report was approved were: |
|||||
| Clergy | Vicar: | Reverend John | Pout | (Chair until | June 2023) | |||||
| Curate: | Reverend Ruth |
Beckett | ||||||||
| Licensed | Lay Minister | Dr David Harwood | ||||||||
| Churchwardens | Catherine Brookman |
(Appointed | Vice-Chair May | |||||||
| 2023 g Acting Chair during the | ||||||||||
| Interregnum) | ||||||||||
| Glyn Burns | (Appointed | in April 2023) | ||||||||
| Deanery | Synod | Representatives | Catherine Brookman |
& Dr David | Harwood | |||||
| Elected | Members | Helen Snowdon | (Honorary | Secretary) | ||||||
| Helen Burns | (Honorary | Treasurer) | ||||||||
| Michael Snowdon | ||||||||||
| Mark Brookman | ||||||||||
| Justine Garvey | ||||||||||
| Carol Green | (Appointed | in April 2023) | ||||||||
| Kay Collins | (Appointed | in April 2023) | ||||||||
| Patricia Turner | (Appointed | in April 2023) | ||||||||
| Dominic Mee | (Resigned | in April 2023) | ||||||||
| Report Approval | ||||||||||
| (sproved | by order of | the PCC on | and si n its bah |
I | y: | |||||
| Catherine | Braokman | (Chair)" | Helen Burns | asurer) |
| Unrestricted | Restricted | Total | Total fund | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | 2022 | |||||||
| Notes | f | f | f | f | ||||||
| INCOME gr ENDOWMENTS | ||||||||||
| Voluntary Income |
2o | 31,730 | 31,730 | 41,189 | ||||||
| Activities for generating | funds | 2b | 40,285 | 40,285 | 26,001 | |||||
| Income from investments | 2c | 3,338 | 3,338 | 1,594 | ||||||
| Church Activities |
2d | 2,033 | 2,033 | 1,658 | ||||||
| Other | 2e | |||||||||
| TOTAL INCOME | 77,386 | 77,386 | 70,441 | |||||||
| EXPENDITURE | ||||||||||
| Raising Funds | 30 | 491 | 491 | 467 | ||||||
| Charitable Giving |
3b | 4,841 | 4,841 | 6,968 | ||||||
| Church Activities | 79,325 | 79,325 | 79,047 | |||||||
| TOTAL EXPENDITURE | 84,658 | 84,658 | 86,482 | |||||||
| NET INCOME/ (EXPENDITURE) BEFORE |
GAINS 81 | |||||||||
| (LOSSES) ON INVESTMENTS | ( | 7,272) | ( | 7,272) | ( | 16,040) | ||||
| Gains/(Losses) on Revaluation |
3,769 | 3,769 | ( | 3,935) | ||||||
| NET IVIOVEMENT IN FUNDS | ( | 3,503) | ( | 3,503) | ( | 19,975) | ||||
| Transfer between funds |
1,382 | ( | 1,382) | |||||||
| BALANCE AT 01/01/2023 | 115,621 | 1,382 | 117,003 | 136,979 | ||||||
| BALANCE AT31/12/2023 | 113,500 | 113,500 | 117,003 |
| 2023 | 2022 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Notes | f | ||||||||||
| FIXEDASSETS | |||||||||||
| Investments | -at valuation | 33,201 | 29,432 | ||||||||
| 33,201 | 29,432 | ||||||||||
| CURRENT ASSETS | |||||||||||
| Deposits with Central | Board ofFinance | 62,385 | 62,385 | ||||||||
| Cash at Bank | 16,533 | 26,568 | |||||||||
| Cash in Hand | |||||||||||
| Debtors &Prepayments | |||||||||||
| 78,918 | 88,953 | ||||||||||
| LIABILITIES | |||||||||||
| Creditors: Amounts | falling | due within one | |||||||||
| year | 10 | 78,918 | ( | 1,382) | 87,572 | ||||||
| TOTAL NET ASSETS | 112,119 | 117,003 | |||||||||
| PARISH FUND | |||||||||||
| Unrestricted | Funds | 11 | 112,029 | 115,491 | |||||||
| Designated | Funds | 11 | 90 | 131 | |||||||
| Restricted Funds |
11 | 0 | 1,382 | ||||||||
| TOTAL FUNDS | 112,119 | 117,004 | |||||||||
| Approved by |
the Parochial | Church | Council | on | and | signed on its behalf by: | |||||
| Mrs C | Brookman | rsH8 | ns | ||||||||
| Date: | Date: |
| 2 | INCOME & ENDOWMENTS | INCOME & ENDOWMENTS | INCOME & ENDOWMENTS | INCOME & ENDOWMENTS | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Funds | Restricted | Funds | TOTAL | TOTAL | |||||
| 2023 | 2022 | 2023 | 2022 | 2023 | 2022 | |||||
| a) | Voluntary Income |
|||||||||
| Stewardship &Gift |
Aid | 22,372 | 25,294 | 22,372 | 25,294 | |||||
| Tax Recoverable | 2,624 | 2,446 | 2,624 | 2,446 | ||||||
| Collections | 4,017 | 6,154 | 4,017 | 6,154 | ||||||
| Donations 8 Appeals | —Charities | 300 | 285 | 300 | 285 | |||||
| Other Income | 2,068 | 7,010 | 2,068 | 7,010 | ||||||
| Legacies | 350 | 350 | ||||||||
| 31,730 | 41,189 | 31,730 | 41,189 | |||||||
| b) | Activities for generating | funds | ||||||||
| Social Activities | ||||||||||
| Coffee &Catering | 1,431 | 1,431 | ||||||||
| Church Hall Letting |
33,348 | 22,116 | 33,348 | 22,116 | ||||||
| Car Parking | 5,505 | 3,885 | 5,505 | 3,885 | ||||||
| 40,285 | 26,001 | 40,285 | 26,001 | |||||||
| c) | Income from Investments | |||||||||
| Dividends & Interest |
3,338 | 1,594 | 3,338 | 1,594 | ||||||
| Interest Current Accounts | ||||||||||
| 3,338 | 1,594 | 3,338 | 1,594 | |||||||
| d) | Church Activities | |||||||||
| Fees | 2,033 | 1,658 | 2,033 | 1,658 | ||||||
| Magazine Sales |
||||||||||
| Magazine Advertising |
||||||||||
| 2,033 | 1,658 | 2,033 | 1,658 | |||||||
| e) | Other | |||||||||
| Vicars Contribution | to | Gas &Telephone | ||||||||
| Sundry income | ||||||||||
| 77,386 | 70,441 | 77,386 | 70,441 |
| 3 | EXPENDITURE | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Funds | Restricted | Funds | TOTAL | TOTAL | |||||
| 2023 | 2022 | 2023 | 2022 | 2023 | 2022 | |||||
| a) | Raising Funds | |||||||||
| Coffee &Catering | 491 | 467 | 491 | 467 | ||||||
| Planned Giving Costs |
||||||||||
| Car Parking | ||||||||||
| 491 | 467 | 491 | 467 | |||||||
| b) | Charitable Giving |
|||||||||
| Linx | 1,200 | 1,200 | 1,200 | 1,200 | ||||||
| Missionary Societies |
610 | 210 | 610 | 210 | ||||||
| Desire's Church | 1,396 | 5,500 | 1,396 | 5,500 | ||||||
| RDA | 1,000 | 1,000 | ||||||||
| Miscellaneous | 635 | 58 | 635 | 58 | ||||||
| 4,841 | 6,968 | 4,841 | 6,968 | |||||||
| c) | Church Activities | |||||||||
| Ministry | ||||||||||
| Diocesan Quota | 32,643 | 35,774 | 32,643 | 35,774 | ||||||
| Vicar Expenses | 663 | 262 | 663 | 262 | ||||||
| Interregnum Expenses |
229 | 229 | ||||||||
| Church | ||||||||||
| Overheads | 7,632 | 7,713 | 7,632 | 7,713 | ||||||
| Maintenance | 8,$02 | 998 | 1,487 | $,$02 | 2,485 | |||||
| Decorating | 6,470 | 6,470 | ||||||||
| Training, Courses & |
Outreach | 772 | 393 | 772 | 393 | |||||
| Computer, Software, Telephone |
&Statir | 2,476 | 1,101 | 2,476 | 1,101 | |||||
| Visiting speakers | 37 | 37 | ||||||||
| Contractor charges |
—cleaning | 1,207 | 1,207 | |||||||
| EDBFFees &Wedding | & Funeral | Costs | 18 | 128 | 18 | 128 | ||||
| Hall | ||||||||||
| Overheads | 6,676 | 3,996 | 6,676 | 3,996 | ||||||
| Contractor charges |
—cleaning | 8,579 | 4,925 | 8,579 | 4,925 | |||||
| Maintenance Upkeep |
557 | 557 | ||||||||
| Kitchen Consumables | & Equipment | 742 | 393 | 742 | 393 | |||||
| Garden of Remembrance | 3,054 | 522 | 3,054 | 522 | ||||||
| Roof Replacements | 10,769 | 10,769 | ||||||||
| Building &Electrical Work | 14,818 | 14,818 | ||||||||
| Accountancy Fees |
570 | 570 | ||||||||
| Prior Year Adjustment | (6,033) | (6,033) | ||||||||
| 79,325 | 77,560 | 1,487 | 79,325 | 79,047 | ||||||
| 84,658 | 84,995 | 1,487 | 84,658 | 86,482 |
| STAFF COSTS | STAFF COSTS | STAFF COSTS | STAFF COSTS | 2023 f |
2022 E |
||
|---|---|---|---|---|---|---|---|
| Staff Costs (excluding sub-contracted) | |||||||
| The average number of employees |
during the year was | 0(2022:0) | |||||
| RELATfD PARTY TRANSACTIONS No expenses were paid to any member ofthe PCC, persons closely |
connected with | them or related parties. Unrealised |
|||||
| 5 INVESTMENTS | -at Market Value | Cost 2023 |
Value 2023 |
Value 2022 |
Gain at 31/12/2023 |
||
| CBF - Investment Fund 1,424.49 shares 1,424.49 shares |
3,033 3,033 |
33p201 33,201 |
29,432 29,432 2023 |
3,769 3,769 2022 |
|||
| 6 DEPOSITS WITH CENTRAL | BOARD | OF FINANCE | f | E | |||
| 62,385 | 62,385 | ||||||
| Deposit Funds —General |
|||||||
| Project Fund | |||||||
| Hall | 62,385 | 62,385 | |||||
| 2023 | 2022 | ||||||
| 7 CASH AT BANK | f | E | |||||
| 6,031 | 5,621 | ||||||
| Genera I Accounts |
1,995 | 5,219 | |||||
| Freewill Account | 8,507 | 15,728 | |||||
| Hall Account | 16,533 | 26,568 | |||||
| 2023 | 2022 | ||||||
| 8 CASH IN HAND | f | E | |||||
| General Accounts | |||||||
| 2023 | 2022 | ||||||
| 9 DEBTORS | f | f | |||||
| Prepayments | |||||||
| Other | |||||||
| 2023 | 2022 | ||||||
| 10 CREDITORS | f | E | |||||
| Creditors for goods &services | 1,382 | ||||||
| Other (see 11bRestricted | Funds) | 1,382 |
| For | the Year Ended 31Dece | mber 2023 | |||||
|---|---|---|---|---|---|---|---|
| 11 | FUND BALANCES | ||||||
| a) | Analysis of Net Assets by | Funds | Unrestricted | Restricted | Total | ||
| Fund | Fund | 2023 | |||||
| Fixed Assets | 33,201 | 33,201 | |||||
| Current Assets | 78,918 | 78,918 | |||||
| Current Liabilities |
|||||||
| Net Assets | 112,119 | 0 | 112,119 | ||||
| b) | Restricted Funds |
As at | As at | ||||
| 01/01/2023 Transfer | Received | Paid | 31/12/2023 | ||||
| Legacy | 0 | ||||||
| Bishop Desiree | 376 | (376) | |||||
| Christian Aid |
100 | (100) | |||||
| Churches Mnistry |
among | Jewish People | 55 | (55) | |||
| John Pout | 88 | (88) | |||||
| Mission to Seafarers | 254 | (254) | |||||
| Open Doors | 20 | (20) | |||||
| Rowcroft Hospice | 10 | (10) | |||||
| Samaritan's Purse |
40 | (40) | |||||
| The Haven Paignton |
20 | (20) | |||||
| Harold Harvey Funeral Donations | 419 | (419) | |||||
| Re-Order Back of Church | |||||||
| Night Shelter | |||||||
| 1,382 | (1,382) | ||||||
| c) | Unrestricted Funds |
Total | Total | ||||
| General | 2023 | 2022 | |||||
| Brought Forward | -at 1January 2023 | 115,491 | 115,491 | 134,110 | |||
| Surplus /(Deficit) | for the | year | (3,462) | (3,462) | (18,619) | ||
| Carried Forward | -at 31December 2023 | 112,029 | 112,029 | 115,491 | |||
| Designated Funds (within |
Unrestricted) | Total | Total | ||||
| Little Angels | 2023 | 2022 | |||||
| Brought Forward | - at 1January 2023 | 131 | 131 | ||||
| Income | 95 | 95 | 285 | ||||
| Expenditure | (136) | (136) | (154) | ||||
| Carried Forward | -at 31December 2023 | 90 | 90 | 131 |