Page 20 STOKE D'ABERNON PAROCHIAL CHURCH COUNCIL STATEMENT OF FINANCIAL AFFAIRS FOR THE YEAR ENDED 31ST DECEMBER 2023 BALANCE SHEET AT 31ST DECEMBER 2023 Notes 2023 2022 Fixed Assets Freehold Property 913,023 913,023 Current Assets Debtors and prepayments Deposits and Cash at Bank and in Hand 5,619 7,196 158,696 164,315 153,550 160,746 Current Liabilities -amounts falling due within one year Creditors 12,531 12,215 Net Current Assets 151,784 148,531 Totsl N?t Assets 1,064.807 1,061,554 FUNDS Unrestricted Funds 10 151,784 148.531 Restrlctad Fund3 10 913,023 913,023 1.064,807 1,061554
Page 21 STOKE D'ABERNON PAROCHIAL CHURCH COUNCIL STATEMENT OF FINANCIAL AFFAIRS FOR THE YEAR ENDED 31ST DECEMBER 2023 NOTES UnStricted Funds General Desi nated Restrted Funds Endowment Funds Total Funds 2023 2022 INCOME AND EXPENDITURE Incoming Resources Voluntary in¢orne (direct giving) Other Voluntary income Gross income from events and *ivities Other ordinary income Income from investments Total incomlng resources 2{al 2{bl 84,813 32,931 111 89,157 57,968 88,742 12.577 25,037 2{cl 21dl 21el 9,158 43,577 880 171.359 9,158 43,577 880 200,740 5,048 52,194 337 158,898 29,381 Resources expended Charitable expenditure Donats"ons The work of the thurch 31al 31bl 97 155,963 4,344 24.536 4,441 180,499 3,894 148,153 Ghurch Administstion 31cl 12.547 12.547 14,880 Total resources expendod 168.607 28,880 197,487 166,927 NET INCOMINGIIOUTGOINGI RESOURCES Funds brought forward at 1st January 2023 Funds carried forward al 31 st December 2023 2,752 501 3,253 {8.029) 10 148,531 913,023 1,061,554 1.069.583 151,283 501 913,023 1,064,807 1,061,554
Page 22 STOKE D'ABERNON PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 ACCOUNTING POLICIES The following accounting policies have been applied to items which are considered material lo the PCC'S financial statements (a) BASIS OF PREPARATION The financial statements have been prepared in accordance wth the Church Accounting Regulations, applicable accounting standards and the Statement of Recommended Practice. Accounting by Charities. The financial statements have also been prepared under the historical cost ¢onvention. (b) FUNDS Unrestricted funds represent funds of the PCC, which are not subject to any restriction regarding their use and are available for application for the general purposes of the PCC. They include general funds for the day to day working of the PCC, designated funds eaarked by the PCC for particular purposes or to provide reserves for future contingencies and other funds not appearing under these other headings. The restricted fund relates to St Mary's Hall and St Mary's Meadow both of which are shown at a value of £100 each, together with the cost of the new St Mary's Hall of £912,823. The accounts include transactions, assets and liatHlities for which the PCC can be held responsible (G) INCOMING RESOURCES i) Volunta income and ca ital sources Collections, grants and donations are recognised when received Amounts received under covenants and gfft aid are recognised when due Income tax recoverable on covenants and gift aid is recognised when claimable Funds raised by special events and sales table are accounted for gross ii) Other ordina income Parochial fees due to the PCC for Yleddings and funera15 are accounted for when received and are net of the Di0san proportion and other fee5 payable to those involved in the services.
Page 23 STOKE D'ABERNON PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" DECEMBER 2023 (continued) iii) Income from investments Inte$t is accounted for when it is re¢eived (d) RESOURCES EXPENDED Donations and other costs are accounted for when due (e) FIXED ASSETS Consecrated land and buildin s and moveable church fumishin Consecrated and benefid property is excluded from the accounts by Section 96{2) of th8 Charities Act 1993 other freehold land and buildin Property for the usa of the PCC for its own purposes is included in the Balance Sheet at cost or valuation al the date of acquisition. No depr ciation is charged against these properties but any expenditure on the Maintenan or improvement of the properties is expensed as incurred. (n CURRENT ASSETS Debtors comprise amounts due to the PCC. {gl CURRENT LIABILITIES Creditors comprise amounts due by the PCC at the year end or within one year of that date. These amounts include Suppliers of goods and services to the year end for which accounts had not been reiVed at that date.
Page 24 STOKE D'ABERNON PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 (continued Unrestricted Funds General Desig- nated ReStrCted Funds Total Funds 2023 2022 INCOMING RESOURCES 2{al Voluntary In¢ome IdireGt giving) Planned Giving Gift Aid Not gift aided Income Tax Recoverable CollectDns in Church 56,865 3,430 14.216 10,302 84,813 11 56,865 3,430 14,216 14.646 89,157 58,656 4,935 14,678 10.473 88.742 2{bl Other Voluntary Income Legacies Donations 17.025 15.906 32.931 17,025 40.943 57.968 9,t)00 3,577 12.577 25,037 25.D37 2(cl Gross in¢om• from •vonts and actlvltles Concerts and recitals Pa(Ish Actsvities 3.043 6,115 9,158 3,043 6,115 9,158 2,813 2.235 21dl Other Ordlnary Income PCC Fees Hall Hi Bellringers income Sales Table CIL Grant Sundry income 5.704 37,084 591 198 5,704 37,084 591 198 7,248 40,382 171 3,690 43,577 43,577 52,194 21el Income from invostmènts Interest 880 337 TOTAL INCOMING RESOURCES 171,359 29,381 200,740 158.898
Page 25 STOKE D'ABERNON PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 (continuod unstrICted Funds General Desi nated Resth'cted Funds Total Funds 2023 2022 3 RESOURCES EXPENDED 31a) Donations (details on page 141 97 4,441 3.894 31b) Directty rolating to the Work of the Church Minist Parish Share 87,137 87,137 85.957 Priests. Workin Telephone Postsge and stationery Motor and Travel Miscellaneous enses 634 43 88 140 905 634 43 88 140 905 83 200 283 nse Heal and light Maintenance Water Rate5 483 4,705 134 5.322 335 335 335 335 Church runnin Heating and lighting Insurance Repair5 and Maintenance tsr frontal ex enses 5,455 1,757 6.699 2.029 15.940 5.455 1.757 6,699 2,029 15,940 3,436 1.673 7.317 12,426 of Services Atsr requisites Organists, Fees Singers and music New Hymn Books Books and printing Miscellaneous 467 8,945 4,582 632 111 1,439 16.176 467 8,945 4,582 1,312 111 1,439 16.856 144 8,250 2.121 413 10,928 680 31bl CARRIED FORWARD 120,493 680 121.173 114,916
Page 26 STOKE D'ABERNON PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 (continued) Unrestricted Funds General naled ReStrted Funds Total Funds 2023 2022 RESOURCES EXPENDED (Continued) 31bl Dirgctly rolatlng to the work of thg Church brought foplvard of Church ard and Co Churchyard 120,493 680 121,173 114.916 se 192 192 Church Hall Adminslratorfs salary Ipro-ratedl Cleaning Light. Heat and Water Rates Insurance Maintenance New Decking Telephone Printing, stationery and photocopying Website and IT support Miscellaneous 12,443 2,747 9,672 1.443 3,117 12,443 2,747 9.672 1.443 3.117 23,856 793 3.849 49 789 58.758 11.647 3,039 4,053 1,368 10.446 23,856 793 3.849 49 789 804 132 219 592 32.300 11 34.902 23,856 Other Bellringers, costs 568 568 568 568 745 745 Total r•latlng to tho Work of the Church 155,963 24,536 180,499 148,153 31cl Church Adminlstratlon Adminslralorfs salary {pro-ratedl Prints'ng, stationery and photwopying Telephone Travel Websi18 and IT support Bank charges Parish Functions Miscellaneous 6,700 527 793 14 49 579 3.675 210 12.547 6,700 527 793 14 49 579 3,675 210 12,547 6,271 2,179 804 198 219 498 3,508 1,203 14.880 TOTAL RESOURCES EXPENDED 168,607 28,880 197.487 166.927
Page 27 STOKE D'ABERNON PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" DECEMBER 2023 (continued) STAFF NUMBERS AND COSTS The PCC made Parish share payments of £87,137 (2022- £85,957) to cover all Diocesan costs on a formula basis. Staff employed by the PCC are= . 2023 2022 Administrator Organist 19,143 7,309 17,918 8,250 These figures are the gross paid. No financial benefit has been r8flected in these accounts for the time and effort freely given by many members of St Mary's Church involved in the running and administration of church activities. INDEPENDENT EXAMINER'S FEES AND FEES FOR ACCOUNTANCY SERVICES The PCC is not tharged a fee by the independent examiner nor for aGGountan¢y serNices. FIXED ASSETS FOR THE USE OF THE PCC The following fixed assets are used or retained by the PCC 2023 2022 St Mary's New Hall (costi 912.823 912,823 St Mary's Old Hall (residual value) St Mary's Meadow {estimaled value at date of gift in 19571 100 100 100 913 023 100 913 023
Page 28 STOKE D'ABERNON PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 20231contlnuedl 7 DEBTORS AND PREPAYMENTS 2023 Unre5trict6d Restricted Funds Funds 2022 Unrestricted Restricted Funds Funds Income tax recoverable Sundry debtors 3,624 1,995 5,619 3,240 3,956 7,196 8 CREDITORS 2023 unstrICted Restricted Funds Funds 2022 Unre$lricted Restricted Funds Funds Receipts in advance Sundry creditors 3,127 9,404 12.531 3,893 8,322 12,215 g DEPOSITS AND CASH AT BANK AND IN HAND 2023 Restricted Funds 2022 Restricted Funds Unrestricted Funds Endowment Funds Unrestricted Funds Endowment Funds Building Society Cash at bank and in hand ,251 62.445 158,696 95,372 58.178 153.550
Page 29 STOKE D'ABERNON PAROCHIAL CHURCH COUNCI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 Iconunugdl 10 F FUNDS Balances al 0110112023 Net incomingl loutgoingi resources Funds Transfefs Balances at 3111212023 Unrestricted funds General Designated 148,531 2.752 501 3,253 151.283 501 151.784 148,531 Restrfcted Funds Freehold Property Fund 913,023 913,023 1.061.554 3.253 1.064.807
Page 30 STOKE D'ABERNON PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31st DECEMBER 2023 l¢¢ntlnuodl 31al DONATIONS General FuS Designated Funds General Fund$ Designated Funds 2023 2022 Families for Children oasis Family Centre Cobharn Royal British Legion Bishop's Fund The Children's Society Crisis at Christmas Christian Aid House of St Barnabas Message Trust Embrace the Middle East Cobham Food Bank 72 72 2,148 310 1,436 330 852 500 299 280 605 478 100 25 25 225 578 4,344 97 172 3,722 Total for 4.441 3,894