| Page | |||||
|---|---|---|---|---|---|
| Reference | and administrative | details ofthe charity, | its Trustees and advisers | 1-2 | |
| Trustees' | report | 3-5 | |||
| Trustees' | responsibilities | statement | |||
| Independent examiner's |
report | 7-8 | |||
| Statement | offinancial activities |
||||
| Balance sheet | |||||
| Statement | ofcash flows | ||||
| Notes to the financial statements | 12-33 |
| FOR T | HE YEA | R ENDED 31 DE | CEMBER 2022 | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| Note | f. | f | f | |||
| Income from: | ||||||
| Donations and legacies |
3a | 614,354 | 137,530 | 751,884 | 675,573 | |
| Charitable activities |
3c | 175,408 | 175,408 | 158,461 | ||
| Investments | 3d | 2,699 | 2,699 | 1,945 | ||
| Other income | 3b | 1,844 | 35,807 | 37,651 | 22,328 | |
| Total income | 794,305 | 173,337 | 967,642 | 858,307 | ||
| Expenditure on: |
||||||
| Raising funds | 4b | 1,324 | 1,324 | 1,016 | ||
| Charitable activities |
4a | 854,593 | 148,282 | 1,002,875 | 852,682 | |
| Total expenditure | 855,917 | 148,282 | 1,004,199 | 853,698 | ||
| Net (expenditure)/income | before net | |||||
| (losses)/gains on investments |
(61,612) | 25,055 | (36,557) | 4,609 | ||
| Net (losses)/gains on investments |
8 | (6,271) | (6,271) | 6,668 | ||
| Net (expenditure)/income | (67,883) | 25,055 | (42,828) | 11,277 | ||
| Transfers between funds |
14 | (2,287) | 2,287 | |||
| Net movement in funds |
(70,170) | 27,342 | (42,828) | 11,277 | ||
| Reconciliation offunds: |
||||||
| Total funds brought forward |
14 | 601,807 | 731,730 | 1,333,537 | 1,322,260 | |
| Net movement in funds |
14 | (70,170) | 27,342 | (42,828) | 11,277 | |
| Total funds carried forward | 14 | 531,637 | 759,072 | 1,290,709 | 1,333,537 |
| FOR T | HE YE | AR ENDED 31 | DECEMBER 2022 | |||
|---|---|---|---|---|---|---|
| 2022f | 2021 | |||||
| Cash flows from operating | activities | |||||
| Net cash used in operating |
activities | 25,270 | 22,259 | |||
| Cash flows from investing | activities | |||||
| Dividends, interests and rents from |
investments | 2,699 | 1,945 | |||
| Purchase oftangible fixed |
assets | (84,198) | (48,140) | |||
| Net cash used in investing | activities | (81,499) | (46,195) | |||
| Cash flows from financing | activities | |||||
| Net cash provided by financing activities |
||||||
| Change in cash and cash equivalents |
in the | year | (56,229) | (23,936) | ||
| Cash and cash equivalents | at the beginning | ofthe year | 225,906 | 249,842 | ||
| Cash and cash equivalents | at the end | ofthe | year | 169,677 | 225,906 | |
| The notes on pages 12to | 33form part ofthese financial | statements |
| F | OR | THE | YEAR ENDED 3 | 1 DECEMBER 2022 | |||||
|---|---|---|---|---|---|---|---|---|---|
| 3. | Income | ||||||||
| Unrestricted | Restricted | ||||||||
| Funds | Funds | Total Funds | |||||||
| f | |||||||||
| 2022 | 2022 | 2022 | |||||||
| 3a.Donations | and Legacies | ||||||||
| Gift Aid Donations | 418,031 | 418,031 | |||||||
| Other Donations | 50,152 | 103,332 | 153,484 | ||||||
| Tax Recoverable | 105,505 | 4,196 | 109,701 | ||||||
| Loose Plate Collections | 4,666 | 2 | 4,668 | ||||||
| Legacies | 36,000 | 30,000 | 66,000 | ||||||
| 614,354 | 137,530 | 751,884 | |||||||
| 3b. Other Income | |||||||||
| Grants | 1,844 | 35,807 | 37,651 | ||||||
| 1,844 | 35,807 | 37,651 | |||||||
| 3c.Charitable | Activities | ||||||||
| Lettings of Church | Properties | 18,390 | 18,390 | ||||||
| Jigsaw Pre-School: | Grants | &Fees | 127,294 | 127,294 | |||||
| Fees | 12,694 | 12,694 | |||||||
| Partially | Funded | Activities | 16,113 | 16,113 | |||||
| Bookstall | Sales | 917 | 917 | ||||||
| 175,408 | 175,408 | ||||||||
| 3d. Income from Investment | Activities | ||||||||
| Dividends | & Interest | 2,699 | 2,699 | ||||||
| 2,699 | 2,699 | ||||||||
| 794,305 | 173,337 | 967,642 |
| FOR | THE | YEAR ENDED 3 | 1 DECEMBER 2022 | ||||
|---|---|---|---|---|---|---|---|
| Income (prior year) | |||||||
| Unrestricted | Restricted | ||||||
| Funds | Funds | Total Funds | |||||
| f | f | f | |||||
| 2021 | 2021 | 2021 | |||||
| 3a. Donations | and Legacies | ||||||
| Gift Aid Donations | 423,429 | 13,021 | 436,450 | ||||
| Other Donations | 45,220 | 1,738 | 46,958 | ||||
| Tax Recoverable | 106,637 | 3,256 | 109,893 | ||||
| Loose Plate Collections | 1,511 | 1,511 | |||||
| Legacies | 80,761 | 80,761 | |||||
| 657,558 | 18,015 | 675,573 | |||||
| 3b. Other Income | |||||||
| Grants | 1,500 | 20,828 | 22,328 | ||||
| 1,500 | 20,828 | 22,328 | |||||
| 3c.Charitable | Activities | ||||||
| Lettings | of Church Properties | 9,392 | 9,392 | ||||
| Jigsaw Pre-School: Grants | & Fees | 128,927 | 128,927 | ||||
| Fees | 12,460 | 12,460 | |||||
| Partially | Funded | Activities | 6,042 | 25 | 6,067 | ||
| Bookstall | Sales | 1,615 | 1,615 | ||||
| 158,436 | 25 | 158,461 | |||||
| 3d. Income from Investment | Activities | ||||||
| Dividends | & Interest | 1,945 | 1,945 | ||||
| 1,945 | 1,945 | ||||||
| Total | 819,439 | 38,868 | 858,307 |
| Expenditure | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| Funds '22 | Funds | '22 | Funds '22 | ||||
| E | E | E | |||||
| 4a. Charitable activities |
|||||||
| Missionary and charitable |
giving | 60,544 | 62,620 | 123,164 | |||
| Diocesan parish share |
173,064 | 173,064 | |||||
| Staff (payroll) | 263,889 | 8,553 | 272,442 | ||||
| Staff costs (other) | 30,540 | 30,540 | |||||
| Staff accommodation | 16,099 | 4,000 | 20,099 | ||||
| Clergy and leaders' expenses | 4,890 | 4,890 | |||||
| Ministry costs | 11,765 | 3,825 | 15,590 | ||||
| Worship, discipleship and |
prayer | 12,087 | 12,087 | ||||
| Evangelism and mission |
9,705 | 9,705 | |||||
| Pastoral and seniors | 4,046 | 45,618 | 49,664 | ||||
| Children and families |
3,899 | 675 | 4,574 | ||||
| Youth | 17,447 | 18,331 | |||||
| Church complex - Utilities | 29,549 | 29,549 | |||||
| Church complex - Maintenance | an | d repairs | 25,122 | 25,122 | |||
| Other PCC property upkeep |
5,040 | 5,040 | |||||
| Major building expenditure |
22,501 | 1,107 | 23,608 | ||||
| Upkeep of churchyard | 2,105 | 1,299 | 3,404 | ||||
| Depreciation offixed assets |
10,665 | 19,701 | 30,366 | ||||
| Stationery and photocopying |
17,856 | 17,856 | |||||
| Coffee and other activities | 15,888 | 15,888 | |||||
| Equipment | 1,411 | 1,411 | |||||
| Jigsaw preschool salaries | 94,733 | 94,733 | |||||
| Jigsaw preschool expenses | 7,441 | 7,441 | |||||
| Telephone | 2,839 | 2,839 | |||||
| IT including website |
3,729 | 3,729 | |||||
| Other (including postage) |
4,119 | 4,119 | |||||
| Independent Examination |
3,620 | 3,620 | |||||
| 854,593 | 148,282 | 1,002,875 | |||||
| 4b. Trading costs | |||||||
| Bookstall purchases | 1,324 | 1,324 | |||||
| 1,324 | 1,324 | ||||||
| 855,917 | 148,282 | 1,004,199 |
| Expenditure (prior year) |
||||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| Funds '21 | Funds '21 | Funds '21 | ||||
| f | f | |||||
| 4a. Charitable activities |
||||||
| Missionary and charitable |
giving | 57,200 | 3,247 | 60,447 | ||
| Diocesan parish share | 177,064 | 177,064 | ||||
| Staff (payroll) | 252,774 | 16,897 | 269,671 | |||
| Staff costs (other) | 38,551 | 38,551 | ||||
| Staff accommodation | 23,056 | 5,500 | 28,556 | |||
| Clergy and leaders' expenses | 2,953 | 2,953 | ||||
| Ministry costs | 12,301 | 2,527 | 14,828 | |||
| Worship, discipleship and |
prayer | 7,980 | 7,980 | |||
| Evangelism and mission |
9,364 | 9,364 | ||||
| Pastoral and seniors | 3,426 | 17 | 3,443 | |||
| Children and families |
3,984 | 25 | 4,009 | |||
| Youth | 8,412 | 1,828 | 10,240 | |||
| Church complex - Utilities | 20,259 | 20,259 | ||||
| Church complex - Maintenance |
an | d repairs | 11,027 | 11,027 | ||
| Other PCC property upkeep |
7,066 | 7,066 | ||||
| Major building expenditure |
24,556 | 1,750 | 26,306 | |||
| Upkeep of churchyard | 672 | 1,376 | 2,048 | |||
| Depreciation offixed assets |
3,555 | 18,040 | 21,595 | |||
| Stationery and photocopying |
14,285 | 14,285 | ||||
| Coffee and other activities | 10,549 | 10,549 | ||||
| Equipment | 2,441 | 2,441 | ||||
| Jigsaw preschool salaries | 75,602 | 75,602 | ||||
| Jigsaw preschool expenses | 19,084 | 19,084 | ||||
| Telephone | 3,548 | 3,548 | ||||
| IT including website |
3,221 | 3,221 | ||||
| Other (including postage) |
5,245 | 5,245 | ||||
| Independent Examination |
3,300 | 3,300 | ||||
| 801,475 | 51,207 | 852,682 | ||||
| 4b. Trading costs | ||||||
| Bookstall purchases | 1,016 | 1,016 | ||||
| 1,016 | 1,016 | |||||
| 802,491 | 51,207 | 853,698 |
| FOR THE Y | EAR ENDED 31 DECEMBER 2 | 022 | |||
|---|---|---|---|---|---|
| Staff costs | |||||
| 2022 | 2021 | ||||
| Wages and | salaries | 335,496 | 313,934 | ||
| Social security costs | 17,812 | 17,071 | |||
| Contribution | to defined | contribution | pension schemes | 13,867 | 14,268 |
| 367,175 | 345,273 |
| 2022 | 2021 | |
|---|---|---|
| No. | No. | |
| Church | 13 | 13 |
| Jigsaw | 9 | 7 |
| 22 | 20 |
| Listed | |
|---|---|
| investmentsf | |
| Cost or valuation | |
| At 1 January 2022 | 53,276 |
| Revaluations | (6,271) |
| At 31 December 2022 | 47,005 |
| Net book value | |
| At 31 December 2022 | 47,005 |
| At 31 December 2021 | 53,276 |
| General Funds | |
| 2,275 shares in the Investment |
Fund ofthe Central Board of Finance ofthe Church of England |
| - historical cost at 31 December | 2022:f2,500 (2021:f2,500) |
| 9. | Stocks | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Books on bookstall | 1,232 | 1,679 | ||
| 10. | Debtors | |||
| 2022f | 2021f | |||
| Due within one | ear | |||
| Trade debtors | 5,295 | 3,681 | ||
| Tax recoverable | 8,504 | 12,536 | ||
| 13,799 | 16,217 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Short term deposits | 39,004 | 37,103 | ||||||
| 12. | Creditors: | Amounts | falling | due within one year | ||||
| 2022f | 2021f | |||||||
| Trade creditors | 7,339 | 2,150 | ||||||
| Other creditors | 11,817 | 4,551 | ||||||
| Accruals | and deferred | income | 30,119 | 11,278 | ||||
| 49,275 | 17,979 | |||||||
| 13 | Financial | instruments | ||||||
| 2022f | 2021 | |||||||
| Financial | assets | |||||||
| Financial | assets measured | at fair value through | income and | |||||
| expenditure | 47,005 | 53,276 |
| Statemen | t offu | nds - current ye | ar | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at 1 | 31 | ||||||
| January | Transfers | Gains/ | December | ||||
| 2022f | Income f |
Expenditure f |
in/outf | (Losses) f |
2022 f |
||
| Unrestricted | |||||||
| funds | |||||||
| ~Di | td | ||||||
| funds | |||||||
| Cash | |||||||
| Contingency | 50,000 | 50,000 | |||||
| Denman | Drive | ||||||
| - Staff | |||||||
| Accommo- | |||||||
| dation | 357,640 | 357,640 | |||||
| Equipment | |||||||
| Fund | (10,665) | 42,661 | 31,996 | ||||
| Building | |||||||
| maintenance | |||||||
| fund | 49,460 | (4,538) | (17,569) | 27,353 | |||
| Legacies | 41,247 | 36,000 | (30,277) | (25,092) | 21,878 | ||
| Budget deficit | |||||||
| fund | 50,000 | (50,000) | |||||
| Ministry | |||||||
| initiatives | 15,000 | 15,000 | |||||
| 563,347 | 36,000 | (45,480) | (50,000) | 503,867 | |||
| General | funds | ||||||
| General | Funds | ||||||
| - all funds | 33,460 | 758,305 | (810,437) | 47,713 | (6,271) | 22,770 | |
| Jigsaw | 5,000 | 5,000 | |||||
| 38,460 | 758,305 | (810,437) | 47,713 | (6,271) | 27,770 | ||
| Total | |||||||
| Unrestricted | |||||||
| funds | 601,807 | 794,305 | (855,917) | (2,287) | (6,271) | 531,637 |
| 14. | Statement | offunds | (continued) | ||||
|---|---|---|---|---|---|---|---|
| Restricted | |||||||
| Funds | |||||||
| Church House |
408,849 | 408,849 | |||||
| Ministry Centre |
241,735 | (16,114) | 225,621 | ||||
| The Well | 11,001 | 10,517 | (8,541) | (11,000) | 1,977 | ||
| Ministry | |||||||
| Training | |||||||
| Grant | 8,022 | (7,825) | 197 | ||||
| Discipleship | |||||||
| Year | |||||||
| Students | 20,000 | 20,000 | |||||
| Agency | |||||||
| appeals | 62,620 | (62,620) | |||||
| Seniors | 741 | 1,762 | (2,503) | ||||
| Children and |
|||||||
| families | 675 | (675) | |||||
| Youth (Not | The | ||||||
| Well) | 250 | (250) | |||||
| Churchyard | 1,299 | (1,299) | |||||
| National | |||||||
| Seniors | |||||||
| Ministry | 15,170 | 37,964 | (44,868) | 8,266 | |||
| Emmanuel | Hall | 46,212 | 28,250 | (3,587) | 13,287 | 84,162 | |
| Creation Care | 10,000 | 10,000 | |||||
| 731,730 | 173,337 | (148,282) | 2,287 | 759,072 |
| Statement | Statement | Statement | offunds | (continued) | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Statement | offunds | - prior year | ||||||||
| Balance at | ||||||||||
| Balance at | 31 | |||||||||
| 1 January | Transfers | Gains/ | December | |||||||
| 2021f | Income f |
Expenditure | f | in/outf | (Losses) f |
2021 f |
||||
| Unrestricted | ||||||||||
| funds | ||||||||||
| DDiD | t | d | ||||||||
| funds | ||||||||||
| Cash | ||||||||||
| Contingency | 88,000 | (38,000) | 50,000 | |||||||
| Denman | Drive | |||||||||
| - Staff | ||||||||||
| Accommo- | ||||||||||
| dation | 357,640 | 357,640 | ||||||||
| Equipment | ||||||||||
| Fund | 3,556 | (3,556) | ||||||||
| Building | ||||||||||
| maintenance | ||||||||||
| fund | 1,499 | (7,039) | 55,000 | 49,460 | ||||||
| Legacies | 5,000 | 80,760 | (14,513) | (30,000) | 41,247 | |||||
| Budget deficit | ||||||||||
| fund | 50,000 | 50,000 | ||||||||
| Ministry | ||||||||||
| initiatives | 15,000 | 15,000 | ||||||||
| 454,196 | 82,259 | (25,108) | 52,000 | 563,347 | ||||||
| General funds | ||||||||||
| Jigsaw | 5,000 | 5,000 | ||||||||
| Unrestricted | ||||||||||
| funds | 160,823 | 737,180 | (777,383) | (93,828) | 6,668 | 33,460 | ||||
| 165,823 | 737,180 | (777,383) | (93,828) | 6,668 | 38,460 | |||||
| Total | ||||||||||
| Unrestricted | ||||||||||
| funds | 620,019 | 819,439 | (802,491) | (41,828) | 6,668 | 601,807 |
| Statement | offun | ds (continued) | |||||
|---|---|---|---|---|---|---|---|
| Restricted | |||||||
| Funds | |||||||
| Church House |
408,849 | 408,849 | |||||
| Ministry Centre |
257,849 | (16,114) | 241,735 | ||||
| The Well | 4,775 | 19,750 | (8,578) | (4,946) | 11,001 | ||
| Ministry | |||||||
| Training | |||||||
| Grant | 16,048 | (8,026) | 8,022 | ||||
| Discipleship | |||||||
| Year | |||||||
| Students | 625 | - | (625) | ||||
| Agency | |||||||
| appeals | 3,247 | (3,247) | |||||
| Seniors | 4,720 | 605 | (1,459) | (3,125) | 741 | ||
| Children and |
|||||||
| families | 25 | (25) | |||||
| Youth (Not | The | ||||||
| Well) | 10,000 | 738 | (10,000) | (738) | |||
| Churchyard | 1,378 | (1,378) | |||||
| National | |||||||
| Seniors | |||||||
| Ministry | 12,500 | (455) | 3,125 | 15,170 | |||
| Emmanuel | Hall | (1,925) | 48,137 | 46,212 | |||
| 702,241 | 38,868 | (51,207) | 41,828 | 731,730 | |||
| Total offunds | 1,322,260 | 858,307 | (853,698) | 6,668 | 1,333,537 |
| Analysis ofnet assets between funds - curre |
nt year | ||
|---|---|---|---|
| Un- | |||
| restricted | Restricted | Total | |
| funds | funds | funds | |
| 2022f | 2022 E |
2022 E |
|
| Tangible fixed assets | 389,637 | 718,634 | 1,108,271 |
| Fixed asset investments | 47,005 | 47,005 | |
| Current assets | 137,106 | 47,602 | 184,708 |
| Creditors due within one year | (42,111) | (7,164) | (49,275) |
| Total | 531,637 | 759,072 | 1,290,709 |
| Analysis of net assets between funds - prior |
year | ||
|---|---|---|---|
| Un- | |||
| restricted | Restricted | Total | |
| funds | funds | funds | |
| 2021 E |
2021 6 |
2021f | |
| Tangible fixed assets | 357,640 | 696,798 | 1,054,438 |
| Fixed asset investments | 53,276 | 53,276 | |
| Current assets | 207,737 | 36,065 | 243,802 |
| Creditors due within one year | (16,846) | (1,133) | (17,979) |
| Total | 601,807 | 731,730 | 1,333,537 |
| 2022f | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Net income/expenditure | for the | year (as per Statement | of Financial | |||||
| Activities) | (42,828) | 11,277 | ||||||
| A~e' t et f |
||||||||
| Depreciation charges |
30,366 | 21,594 | ||||||
| Gains on investments | 6,271 | (6,668) | ||||||
| Dividends, interests |
and | rents from investments | (2,699) | (1,945) | ||||
| Decrease in stocks |
447 | 254 | ||||||
| Decrease/(increase) | in debtors | 2,417 | (5,755) | |||||
| Increase in creditors |
31,296 | 3,502 | ||||||
| Net cash rovided b |
o eratin | activities | 25,270 | 22,259 | ||||
| Analysis ofcash and |
cash | equivalents | ||||||
| 2022 | 2021 | |||||||
| Cash in hand | 130,673 | 188,803 | ||||||
| Notice deposits (less | than | 3months) | 39,004 | 37,103 | ||||
| Total cash and cash | e | uivalents | 169,677 | 225,906 | ||||
| At 1 | At 31 | |||||||
| January | December | |||||||
| 2022 f |
Cash flows | 2022f | ||||||
| Cash at bank and in |
hand | 188,803 | (58,130) | 130,673 | ||||
| Liquid investments | 37,103 | 1,901 | 39,004 |