2022-12-31-accounts

Annual Report and Financial Statements for the Year Ended 31 December 2022

The Parochial Church Council Of The Ecclesiastical Parish Of Uxbridge

Charity registration number: 1128875

Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

CONTENTS

Reference and Administrative Details	1 to 2
PCC members' Report	3 to6
Independent Examiner's Report	7
Statement of Financial Activities	8
Balance Sheet	9
Notes to the Financial Statements	10 to 23
The following pages do not form part of the statutory financial statements:	24 to 27
St Margaret's Income and expenditure account	24
St Margaret's Balance Sheet	25
St Andrew's Income and expenditure account	26
StAndrew'sBalanceSheet	27

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

REFERENCE AND ADMINISTRATIVE DETAILS

PCC members

PCC members The Rev Canon Andrew Studdert-Kennedy The Rev Tim Atkins The Rev John Jenkins The Rev Tina Rapson Jackie Woodruff Janet Kerr (resigned 8 May 2022) Amin Amin Julie Churchyard Rodney Cottrell Carol Connolly Debbie Botes Sally Clargo Percival Botes James Wood (resigned 11 July 2022) Anne Atkins Amer Peters (resigned 8 May 2022) Jo Hyland (resigned 8 May 2022) Mick Benner Lara Seymour Kevin Ogilvie The Rev Canon Andy Thompson The Rev Erica Wilding Jackie Westbrook (appointed 23 February 2022) Alessandra Bazzo (appointed 1 July 2022) Mark Skinner (appointed 8 May 2022) Sue Frankel (appointed 8 May 2022) Charity Registration 1128875 Number

Principal Office The Parish Office, St Margaret's Church Windsor Street Uxbridge Middlesex UB8 1AB

Page 1

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

REFERENCE AND ADMINISTRATIVE DETAILS (CONTINUED)

Independent Examiner G W Schulz ACMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF Bankers HSBC PO Box 41 High Street Uxbridge Middlesex UB8 1BY Natwest Bank Plc 227-228 Intu Shopping Centre High Street Uxbridge Middlesex UB8 1LA CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4)Q

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

PCC MEMBERS' REPORT

The PCC members present the annual report together with the financial statements of the charity for the year ended 31 December 2022.

Objectives and activities

Objects and aims

The principal object of the charity is the advancement of the Christian faith.

Uxbridge PCC has the responsibility of promoting the whole mission of the church, pastoral, evangelistic, social and ecumenical through the two Churches in the Parish, St Andrew's and St Margaret's. The two Churches are working to the vision statement: to see people's lives transformed in Uxbridge through knowing God's love and living Christ’s way.

Public benefit

The PCC members confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Achievements and performance

Review of activities

The Churches have had a successful year, with the various sections of the Churches continuing to provide a good service to all their members, despite the Coronavirus pandemic. The Church services have been well attended and good contacts made with people in the local community. Online provision introduced while the church buildings were closed continues even though worship in person is now permitted.

Members of the PCC are either ex officio or elected at the Annual Parochial Church Meeting in accordance with the Church Representation Rules :

Incumbent Rev Canon Andrew Studdert-Kennedy Vicar at St Margaret's Rev Canon Andy Thompson Curates Rev John Jenkins, Rev Tina Rapson, Rev Tim Atkins, Rev Erica Wilding Parish Youth Worker James Wood (resigned 11 July 2022), Alessandra Bazzo (from 1 July 2022) Churchwardens Janet Kerr (to 8 May 2022), Percy Botes, Rod Cottrell, Jackie Woodruff, Amin Amin (from 8 May 2022)

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

PCC MEMBERS' REPORT (CONTINUED)

Financial review

The Parish made a deficit in the year of £254,858 (2021 - surplus of £97,616), income increasing by £38,736 (2021 - increasing by £10,812). Expenditure decreased in the year by £63,386 (2021 - decreased by £41,474).

The investments have decreased in value by £225,293 (2021 - increased by £229,303) which has been included in the surplus as shown in the Statement of Financial Activities.

The finances of the Parish remain good with the Balance Sheet showing net assets of £2,462,006 and these Reserves are considered to be adequate for the future operating of the Parish. In addition to these financial activities, a great amount of time, the value of which is impossible to reflect in these financial statements, is donated by a large and diverse group of volunteers involved in every aspect of the work of the Church.

Policy on reserves

It is the PCC policy to maintain a balance on free reserves to cover the major financial risks. This is equivalent to £77,000. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year end is in excess of this target.

Plans for future periods

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.

Structure, governance and management

Nature of governing document

The Parish of Uxbridge was a charity excepted from registration with the Charity Commission as it is a parish church under the jurisdiction of the Church of England. It was registered as an independent charity on 30 March 2009 and given the Number 1128875.

There are two churches within the Parish, St Andrew's and St Margaret's.

Recruitment and appointment of PCC members

The management of the charity is the responsibility of the PCC members who are elected and co-opted in accordance with the Church Representation rules.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

PCC MEMBERS' REPORT (CONTINUED)

Organisational structure

The Church is a well established church and is a Parish of the Church of England and generally follows their structure and management. The PCC Members are responsible for the operating of the Church and the Minister and Assistant Ministers are responsible for the spiritual growth of the Church. The principal risk areas to which the Parish is subject have been reviewed and the position is closely monitored.

Risk management

The trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

Safeguarding

The PCC has complied with section 5 of the Safeguarding and Clergy Measure 2016 and adopted the safeguarding poilcies issued by the House of Bishops.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

PCC MEMBERS' REPORT (CONTINUED)

Statement of Responsibilities

The PCC members are responsible for preparing the PCC members' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the PCC members to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the PCC members are required to:

• e select suitable accounting policies and then apply them consistently;

• e observe the methods and principles in the Charities SORP;

• ¢ make judgements and estimates that are reasonable and prudent;

• e state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• ° prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The PCC members are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The PCC members are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The annual report was approved by the PCC members of the charity on 19 April 2023 and signed on its behalf by:

— AG. Sr. SAL The Rev Canon Andrew Studdert-Kennedy Julie Churchyard Trustee Trustee

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

I report to the PCC members on my examination of the accounts of The Parochial Church Council Of The Ecclesiastical Parish Of Uxbridge for the year ended 31 December 2022.

Responsibilities and basis of report

As the charity PCC members of The Parochial Church Council Of The Ecclesiastical Parish Of Uxbridge you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the The Parochial Church Council Of The Ecclesiastical Parish Of Uxbridge’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since The Parochial Church Council Of The Ecclesiastical Parish Of Uxbridge's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Chartered Institute of Management Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of The Parochial Church Council Of The Ecclesiastical Parish Of Uxbridge as required by section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

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Independent Examiners Ltd
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19 April 2023

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

		UnrestrictedRestricted	UnrestrictedRestricted	Endowment	Total	Total
		funds	funds	funds	2022	2021
	Note	£	£	£	£	£
Income and Endowments from:
Donations and
legacies	2	186,216	-	-	186,216	185,354
Other trading
activities	3	68,733	-	20,918	89,651	59,181
Investment
income	4	10,789	2,864	39,716	53,369	45,965
Total income		265,738	2,864	60,634	329,236	290,500
Expenditure on:
Charitable
activities	5	358,801	-	-	358,801	422,187
Total expenditure		358,801	-	si	358,801	422,187
Gains/losses on
investment assets		(40,088)	(10,454)	(174,751)	_(225,293)	229,303
Net
(expenditure)/income		(133,151)	(7,590)	(114,117)	(254,858)	97,616
Gross transfers
between funds		60,634	BS,Fad	(114,356)	-	=
Net movement in
funds		(72,517)	46,132	(228,473)	(254,858)	97,616
Reconciliation of	funds
Total funds
brought forward		559,490	76,083	2,081,291	2,716,864	2,619,248
Total funds
carriedforward	13	486,973	122,215	1,852,818	2,462,006	2,716,864

The notes on pages 10 to 23 form an integral part of these financial statements. Page 8

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

BALANCE SHEET AS AT 31 DECEMBER 2022

		2022	2021
	Note	£	£
Fixed assets
Tangible assets	9	484,887	484,887
		484,887	484,887
Current assets
Debtors	10	26,335	28,898
Investments	11	1,688,559	1,913,851.
Cash at bank and in hand		314,584	334,826
		2,029,478	2,277,575
Creditors: Amounts falling due within one year	12	(52,359)	(45,598)
Net current assets		1,977,119	2,231,977
Net assets		2,462,006	2,716,864
Funds of the charity:
Endowment funds		1,852,818	2,081,291
Restricted income funds
Restricted funds		122,215	76,083
Unrestricted income funds
Unrestricted funds		486,973	559,490
Totalfunds	13	2,462,006	2,716,864

The financial statements on pages 8 to 23 were approved by the PCC members, and authorised for issue on 19 April 2023 and signed on their behalf by:

The Rev Canon Andrew ‘Studdert-Kennedy Trustee

oi Julie Churchyar Trustee

The notes on pages 10 to 23 form an integral part of these financial statements. Page 9

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

The Parochial Church Council Of The Ecclesiastical Parish Of Uxbridge meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Going concern

The PCC members consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Investment income

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 (CONTINUED)

Other income

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Grant provisions

Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.

Tangible fixed assets

Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciation and amortisation No depreciation is provided on freehold property as it is the PCC's policy to maintain these assets in a continual state of sound repair. The useful economic life of these assets is so long and residual values so high that any depreciation would not be material. These assets are subject to annual impairment reviews. Provision will be made if there has been any permanent diminution in value.

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Freehold property Coffee Shop equipment

Depreciation method and rate Not material 25% on cost

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 (CONTINUED)

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Liabilities

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Fund structure

Unrestricted income funds are general funds that are available for use at the PCC members' discretion in furtherance of the objectives of the charity.

Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 (CONTINUED)

2 Income from donations and legacies

	Unrestricted funds	Unrestricted funds	Total	Total
	Designated	General	2022	2021
	£	£	£	E
Donations and legacies;
Donations	6,510	148,116	154,626	148,306
Legacies	-	1,000	1,000	p
Gift aid reclaimed	-	27,949	27,949	32,748
Grants, including capital
grants;
Grants	-	2,641	2,641	4,300
	6,510	179,706	186,216	185,354
3 Income from other	trading activities
	Unrestricted
	funds	Endowment	Total	Total
	General	funds	funds	2021
	E	£	E	E
Trading income;
Other trading income	68,733	20,918	89,651	59,181
	68,733	20,918	89,651	59,181

4 Investment income

	Unrestricted funds	Unrestricted funds	RestrictedEndowment	RestrictedEndowment	Total	Total
	Designated	General	funds	funds	2022	2021
	£	£	£	£	£	E
Income from
dividends;
Dividends
andinterest	5	10,784	2,864	39,716	53,369	45,965

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 (CONTINUED)

5 Expenditure on charitable activities

		Unrestricted	funds	Total	Total
		Designated	General	2022	2021
	Note	£	£	£	£
Common fund		-	131,584	131,584	162,732
Ministry costs		793	5,562	6,355	6,006
Parish expenses		-	32,629	32,629	31,161
Outreach		-	-	-	12
Computing		-	955	955	826
Consumables		-	961	961	395
Miscellaneous		-	2,915	2,915	3,138
Utilities		-	21,210	21,210	15,885
Insurance		-	10,856	10,856	10,219
Repairs and
maintenance		6,510	45,839	52,349	85,203
Equipment		-	2,917	2,917	5,015
Telephone		-	3,549	3,549	3,136
Printing, post and
stationery		-	1,103	1,103	1,985
Bank charges		-	120	120	166
Independent
examination		-	3,840	3,840	3,840
Grant funding of
activities		-	1,937	1,937	15,248
Staff costs	8	-	85,521	85,521	77,220
		7,303	351,498	358,801	—422,187

6 Grant funding

			Unrestricted
			funds	Total	Total
			General	2022	2021
			E	E	E
Grants	to	institutions	1,937	1,937	15,248
			1,937	1,937	15,248

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 (CONTINUED)

7 PCC members remuneration and expenses

During the year, one or more PCC members has been paid remuneration or has received other benefits from an employment with the charity. The trustees received their remuneration for their roles within the church working among children and young people, not in their role as trustee.

During the year the charity made the following transactions with PCC members:

James Wood

James Wood received remuneration of £19,047 (2021: £28,385).

Alessandra Bazzo

Alessandra Bazzo received remuneration of £13,851 (2021: ENil).

During the year, expenses totalling £9,883 were reimbursed or paid directly to 11 PCC members (2021 - £4,231 to 9 PCC members).

No trustees have received any other benefits from the charity during the year.

Donations made by the PCC members without any conditions attached totalled £28,387 for the year (2021 - £35,624).

8 Staff costs

The aggregate payroll costs were as follows:

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2022 2021
£ E
Staff costs during the year were:
Wages and salaries 85,521 77,220
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The number of people (including senior management team) employed by the charity during the year was as follows:

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2022 2021
No No
Employees 9 8
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No employee received emoluments of more than £60,000 in either year.

The clergy are not employed by the Parish but are considered to be Office Holders. The payment of their stipends and related costs is facilitated by the national church. The Parish makes a contribution towards these costs through the Diocese of London Common Fund which amounted to £131,584 (2021 - £162,732).

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 (CONTINUED)

9 Tangible fixed assets

9 Tangible fixed assets
	Land and
	buildings	Total
	£	£
Cost
At 1 January 2022	484,887	484,887
At 31 December 2022	484,887	484,887
Depreciation
At 31 December 2022	-	-
Net book value
At 31 December 2022	484,887	484,887
At 31 December 2021	484,887	484,887
10 Debtors
	2022	2021
	£	£
Trade debtors	12,058	20,523
Accrued income	7,000	4,328
Other debtors	7,277	4,047
	26;335	28,898
11 Current asset investments
	2022	2021
	E	E
Unlisted investments	1,688,559	1,913,851
12 Creditors: amounts falling due within one year
	2022	2021
	£	£
Other creditors	31,529	35,485
Accruals	20,830	10,113
	52,309	45,598

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 (CONTINUED)

13 Funds

						Balance at
	Balance at				Other	31
	1 January	Incoming	Resources		recognised	December
Summary offunds - current year	2022 £	resources £	expended £	Transfers £	gains/(losses) £	2022 £
Unrestricted funds
General	555,624	259,223	(351,498)	59,841	(40,088)	483,102
Designated	3,866	6;515	(7,303)	793	-	3,871
Total unrestricted funds	559,490	265,738	(358,801)	60,634	(40,088)	486,973
Restricted funds	76,083	2,864	-	53,722	(10,454)	122,215
Endowment funds	2,081,291	60,634	:	(114,356)	(174,751)	_ 1,852,818
Totalfunds	2,716,864	329,236	(358,801)	-	(225,293)	2,462,006

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 (CONTINUED)

						Balance at
	Balance at				Other	31
	1 January	Incoming	Resources		recognised	December
	2022	resources	expended	Transfers	gains/(losses)	2022
Statement offunds - current year	£	£	£	£	£	£
Unrestricted funds
General
General Funds	555,624	259,223	(351,498)	59,841	(40,088)	483,102
Designated
Designated Funds	3,866	5	(793)	793	-	3,871
Heaters Fund	=	6,510	(6,510)	=	-	-
	3,866	6,515	(7,303)	793	-	3,871
Total unrestricted funds	559,490	265,738	(358,801)	60,634	(40,088)	486,973
Restricted funds
Bell Fund	996	is	*	=	“	1,009
Hilton Sunday School	243	-	-	-	-	243
Harman's Gift Fund	23,810	321	-	921	-	25,052
Father Home Memorial Fund	14,133	198	-	1,410	-	15,741
Rector's Discretionary Fund	607	ac	=	-	ms	608
Bell Ringers’ Guild	576	=	7	>	=	576
Windsor Street Jubilee Party	301	=	=	=	=	301
CombinedHarman'sGiftFund	35,081	921	-	(921)	(4,130)	30,951

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 (CONTINUED)

						Balance at
	Balance at				Other	31
	i January	Incoming	Resources		recognised	December
	2022	resources	expended	Transfers	gains/(losses)	2022
Statement offunds - current year	£	£	£	£	£	£
Spark Fund	336	-	-	#	=	336
Father Home Memorial Fund 2	-	1,410	3	o2;512	(6,324)	47,398
	76,083	2,864	=	53,722	(10,454)	1225215
Endowment funds
St Peter's Investment	462,412	12,134	-	(12,134)	(54,434)	407,978
St Peter's House	359,950	16,321	-	(16,321)	=	359,950
84 Harefield Road	124,937	4,597	-	(4,597)	-	124,937
Caroline Trevor Deposit	58,181	762	-	(762)	-	58,181
Caroline Trevor Investments	1,022,089	26,820	=	(26,820)	(120,317)	901,772
Father Home Memorial Fund	53 f22.	-	-	(53,722)	-	-
	2,081,291	60,634	-	(114,356)	(174,751)	1,852,818
Totalfunds	2,716,864	329,236	(358,801)	=	(225,293)	2,462,006

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 (CONTINUED)

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Balance|at| |Balance|at|Other|31| |1|January|Incoming|Resources|recognised|December| |2021|resources|expended|Transfers|gains/(losses)|2021| |Summary|of funds|-|prior|year|£|£|£|£|£|£| |Unrestricted|funds| |General|656,428|239,855|(421,210)|48,148|32,403|555,624| |Designated|3,866|-|(224)|224|-|3,866| |Total|unrestricted|funds|660,294|239,855|(421,434)|48,372|32,403|559,490| |Restricted|funds|70,173|910|(753)|1,363|4,390|76,083| |Endowment|funds|1,888,781|49,735|-|(49,735)|192,510|2,081,291| |Total|funds|2,619,248|290,500|(422,187) =|Ss 2.29,303|2,716,864|

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 (CONTINUED)

						Balance at
	Balance at				Other	31
	i January	Incoming	Resources		recognised	December
Statement of funds -prioryear	a	resources	—	Transfers	gains/(losses)	2024
Unrestricted funds
General
General Funds	656,428	239,855	(421,210)	48,148	32,403	555,624
Designated
Designated Funds	3,866	=	(224)	224	-	3,866
Total unrestricted funds	660,294	239,855	(421,434)	48,372	32,403	559,490
Restricted funds
Bell Fund	995	1	-	s	=	996
Hilton Sunday School	243	-	-	-	-	243
Harman's Gift Fund	24,883	12	-	(1,085)	-	23,810
Father Home Memorial Fund	12,763	7	-	1,363	-	14,133
Rector's Discretionary Fund	607	-	-	-	-	607
Bell Ringers’ Guild	576	-	=	-	=	576
Windsor Street Jubilee Party	301	-	-	-	-	301
Combined Harman's Gift Fund	28,716	890	-	1,085	4,390	35,081
Spark Fund	1,089	a	(753)	=	=	336
Totalrestrictedfunds	70,173	910	(753)	1,363	4,390	76,083

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 (CONTINUED)

							Balance at
	Balance at					Other	31
	1 January	Incoming	Resources			recognised	December
Sisiementoffunds prioryear	-w	i cl	—	a	ieee	gains/——	7
Endowment funds
St Peter's Investment	404,541	14,233	-	(14,233)		57,871	462,412
St Peter's House	359,950	-	-		-	-	359,950
84 Harefield Road	124,937	1,500	-		(1,500)	-	124,937
Caroline Trevor Deposit	58,181	30	-		(30)	-	58,181
Caroline Trevor Investments	894,173	32,609	-	(32,609)		127,916	1,022,089
Father Home Memorial Fund	46,999	1,363	-		(1,363)	6,723	53,722
Total endowment funds	1,888,781	49,735	-	(49,735)		192,510	2,081,291
Totalfunds	2,619,248	_290,500.	__(422,187)	___-		S__229,303	_2,716,864

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 (CONTINUED)

14 Analysis of net assets between funds

					Total
					funds at
					31
	Unrestricted funds		Restricted	Endowment	December
	General	Designated	funds	funds	2022
	£	£	£	£	£
Tangible fixed assets	-	-	-	484,887	484,887
Current assets	535,461	3,871	122,215	1,367,931	2,029,478
Current liabilities	(52,359)	-	-	-	(52,359)
Total net assets	483,102	3,871	122,215	1,852,818	2,462,006
					Total
					funds at
					31
	Unrestricted funds		Restricted	Endowment	December
	General	Designated	funds	funds	2021
	£	£	£	£	£
Tangible fixed assets	-	-	-	484,887	484,887
Current assets	601,222	3,866	76,083	1,596,404	2,277,575
Current liabilities	(45,598)	-	7	~	(45,598)
Totalnetassets	555,624	3,866	76,083	2,081,291	2,716,864

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THE PAROCHIAL CHURCH OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

ST MARGARET'S: INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2022

	General Funds	Designated Funds	Designated Funds	Restricted Funds	Endowment Funds	Total 2022	Total 2021
	£		£	£	£	£	£
INCOMING RESOURCES
Donations
Stewardship Giving	102,814					102,814	100,950
General Collections	7,720					7,720	4,652
Donations	2,351					2,351	7,463
Tax refunds	20,508					20,508	24,042
Grants						is}	4,300
Legacies	1,000					1,000	oO
	134,393	:		:	:	134,393	141,407
Activities for generating funds
Room Hire	250					250	840
Rent received	1,880				15,478	17,358	8,171
Fees	478					478	821
Miscellaneous income	386					386	116
Bellringers' income for year						=
	2,994	:		:	15,478	18,472	9,948
Investment Income
Interest and Dividends	10,780			2,851	27,582	41,213	34,228
	10,780	:		2,851	27,582	41,213	34,228
Other Incoming Resources
St Andrew's contribution to Parish Costs	24,679					24,679	24,305
	24,679	:		-	:	24,679	24,305
Total incoming resources	172,846	-		2,851	43,060	218,757	209,888
RESOURCES EXPENDED
Grants payable- institutional
Tithes	759					759	6,239
Donations out	1,178					1,178	1,310
	1,937	-		-	:	1,937	7,549
Direct costs of charitable activities
Salaries - Worship	14,765					14,765	14,410
Salaries - Youth and children	30,882					30,882	28,385
Alpha	170					170
Cleaning	4,809					4,809	3,528
Clergy expenses	1,595					1,595	2,164
Common fund	71,584					71,584	110,987
Computing Consumables Flowers Footprints	955 961 45 101					955 961 45 101	826 395
Home groups	95					95	0
Organist	90					90	80
Other music	1,396					1,396	1,894
Parish shared expenses	22,585					22,585	22,148
St Margaret's Parish expenses	3,758					3,758	2,766
Pastoral care	234					234	186
Rectors discretion	100					100
Sacristry	180					180	177
Sunday School and Messy Church	611					611	480
Town Centre/ Oasis ministry						0	12
Tracts	294					294	300
Training						ie)	FS
Youth work	2,268					2,268	2,419
Publicity	509					509	795
	157,987	:		:	:	157,987	191,965
Support costs
Administrators' salaries	28,489					28,489	25,954
Electricity Equipment	3,412 2,917					3,412 2,917	2,554 5,015
Gas	5,979					5,979	6,407
Insurance	5,637					5,637	5,330
Repairs and maintenance	15,285					15,285	8,622
Repairs to Lantern Window	3,274					3,274	61,294
Kitchen refurbishment	14,730					14,730	0
Repairs to stonework	4,196					4,196	0
Water Stationery	1,461 395					1,461 395	1,520 280
Telephone	3,549					3,549	3,136
Bank charges	120					120	166
Photocopying	690					690	1,499
Postage	18					18	205
Upkeep of houses	1,153					1,153	5,662
	91,305	:		:	-	91,305	127,644
Governance costs - Other
Independent examiner's fees	3,840					3,840	3,840
	3,840	:		:	:	3,840	3,840
Total resources expended	255,069	”		-	:	255,069	330,998
Net income/ (deficit)	(82,223)	-		2,851	43,060	(36,312)	(121,110)
Unrealised losses on investments	(40,088)			(10,453)	(120,317)	(170,858)	171,432
Transfers between funds	43,059			53,721	(96,780)	-	-
Netmovementinfundsfortheyear	(79,252)	-		46,119	(174,037)	(207,170)	(50,322)

Page 24

THE PAROCHIAL CHURCH OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

ST MARGARET'S: BALANCE SHEET AS AT 31 DECEMBER 2022

2022 2021 £ £

FIXED ASSETS
Freehold property
84 Harefield Road	124,937		124,937
St Peter's House	239,967		239,967
		364,904		364,904
CURRENT ASSETS
Cash at bank and in hand
Bank Current Account - NatWest	=		=
Bank Deposit account - NatWest	38,084		7,413
Bank account - CAF	23,409		59,040
Bank Caroline Trevor Trust	58,180		58,180
Bank Discretionary deposit fund	86,189		109,039
Bank Harman's Gift fund	25,052		23,810
Bank Father Home Memorial Fund	15,741		14,133
Bank Rector's discretionary fund	608		607
Bank Legacy fund	14,226		5,146
Cash in hand	303		180
Bank Bellringers' Guild	576		576
Windsor St Jubilee Party	301		301
	262,669		278,425
Investment accounts
Caroline Trevor investment a/c	901,772		1,022,089
Harman's Gift investment a/c	30,951		35,080
Father Home Mem Fund inv a/c	47,397		53,721
Legacy Fund inv a/c	300,460		340,548
	1,280,580		1,451,438
Debtors and prepayments
Debtors	12,058		20,523
Amount due from St Andrew's	25,086		26,213
	37,144		46,736
Total current assets		1,580,393		1,776,599
CURRENT LIABILITIES
Creditors and accrued charges
Accruals	20,830		10,113
Amount due to St Andrew's	6,199		1,997
Clergy House redecoration	1,000		1,000
Tithe account	26,056		30,010
Young Persons Mission Fund	4,475		4,475
		(58,560)		(47,595)
Net assets		1,886,737		2,093,908
FUNDS
General funds		437,725		516,977
Designated funds		3,528		3,528
Restricted funds		120,626		74,508
Endowment funds		1,324,857		1,498,895
		1,886,736		2,093,908

Page 25

THE PAROCHIAL CHURCH OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

ST ANDREW'S: INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2022

	General	Designated	Restricted	Endowment	Total	Total
	Funds	Funds	Funds	Funds	2022	2021
	£	£	£	£	£	£
INCOMING RESOURCES
Donations
Covenants and Pledged Donations	29,036				29,036	31,081
Donations Tax refunds	4,455 7,441	6,510			10,965 7,441	3,324 8,706
Loose plate	1,741				1,741	215
Occasional service collection					=	121
	42,673	6,510	-	-	49,183	43,947
Activities for generating funds
Car park income	19,320				19,320	9,101
Charity income	653				653	495
Grants	2,641				2,641	(6)
Telecommunication income	19,192				19,192	19,574
Rent received				5,441	5,441	2,497
Hall income	18,195				18,195	9,349
Miscellaneous income	281				281	199
PCC fees	2,248				2,248	2,168
St Peter's income	5,850				5,850	5,850
	68,380	-	-	5,441	73,821	49,233
Investment Income
Interest and Dividends	3	4	13	12,134	12,154	11,736
	3	4	13	12,134	12,154	11,736
Total incoming resources	111,056	6,514	i3	17,575	135,158	104,916
RESOURCES EXPENDED
Grants payable - institutional
Charity payments	-				-	7,699
	-	-	-	-	-	7,699
Direct costs of charitable activities
Wages - Organist and Choir	3,393				3,393	2,240
Wages - Cleaning	3,182				3,182	2,702
Common fund	60,000				60,000	51,745
Clergy expenses	919				919	719
Emily Green expenditure		793			793	224
Joint parish expenses	25,850				25,850	25,489
Miscellaneous Organ and clock	2,646 1,078				2,646 1,078	3,138 246
Musical instruments, etc	7				-	43
Upkeep of services - sacristy	993				993	1,328
	98,061	793	:	-	98,854	87,874
Support costs
Hall expenses	917				917	7,842
Insurance	5,219				5.219	4,888
Minor work	6,286	6,510			12,796	1,786
Car park expenses	269				269
Utilities	10,357				10,357	5,403
	23,048	6,510	:	:	29,558	19,919
Total resources expended	121,109	7,303	-	-	128,412	115,492
Net income/ (deficit)	(10,053)	(789)	13	17,575	6,746	(10,576)
Realised & unrealised gains/(losses) on
investments				(54,434)	(54,434)	57,871
Transfers between funds	16,781	793		(17,574)	-	-
Netmovementinfundsfortheyear	6,728	4	i3	(54,433)	(47,688)	(47,295)

Page 26

THE PAROCHIAL CHURCH OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

ST ANDREW'S: BALANCE SHEET AS AT 31 DECEMBER 2022

2022 2021 £ £

FIXED ASSETS

Freehold property
St Peter's House		119,983		119,983
CURRENT ASSETS
Cash at bank and in hand
Bank current account	50,052		54,558
Bank Soup Kitchen account	14		14
Bank Bell Fund deposit	1,008		995
Bank Emily Green deposit	179		176
Bank Fabric Fund deposit	165		163
Bank Hilton Sunday School Bequest	243		243
Bank St John's Hall Trust	195		193
Bank St Peter's deposit	58		57
	51,914		56,399
Investment accounts
St Peter's investment a/c	407,979		462,413
	407,979		462,413
Debtors and prepayments
Tax refund due	7,000		4,328
Other debtors	7,276		4,046
St Margaret's	6,199		1,997
	20,475		10,371
Total current assets		480,368		529,183
CURRENT LIABILITIES
Creditors and accrued charges
Accruals	-		=
Amount due to St Margarets	25,086		26,213
		25,086		26,213
Net assets		575,265		622,953
FUNDS
General funds		45,372		38,644
Designated funds		344		339
Restricted funds		1,587		1,574
Endowment funds		527,962		582,396
		575,265		622,953

Page 27