2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Holy Trinity Hazlemere

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Report from the Vicar for 2022	Report from the Vicar for 2022
Safeguarding Update
Financial	Review
Our Church —A Summary
	Objectives and Activities
	Foundational	Values
	Our Purpose
	Statement of	Public Benefit
Structure,	Governance and Management		10
Statement	ofTrustees' Responsibilities
Risk Management			12
Reference	and Administrative Information		14

SOFA		18
Balance Sheet		19
Cashflow Statement		20
Notes to the Financial Statements
Accounting	Policies	21
Income		24
Expenditure		25
Fixed Assets		27
Debtors		27
Creditors		27
Staff Costs		28
Related Party Transactions		28
Analysis of Funds		30
Previous Year's Statement of Financial Activities		33

						2022	2021
				Unrestricted	Restricted	Total	Total
				Funds	Funds		Note 10
			Note	E	E		6
INCOME
Donations			2(a)	430,422	2,584	433,006	685,195
Income from			2(b)	863		863	18,805
Investments
Income from Trading			2(c)	52,661		52,661	16,276
Activities
Other Income			2(d)	11,478		11,478	22,539
TOTAL INCOME				495,424	2,584	498,008	742,815
EXPENDITURE
Expenditure on			3(a)	415,489	3,720	419,209	392,460
Charitable Activities
Other Activities			3(b)	64,595	13,320	77,915	1,020,034
Governance Costs			3(c)	2,070		2,070	2,367
TOTAL EXPENDITURE				482,154	17,040	499,194	1,414,861
NET				13,270	(14,456)	(1,186)	(672,046)
INCOME/(EXPENDITURE)
BEFORETRANSFERS
Transfers between		funds	9	(14,456)	14,456
Net movement	in funds			(1,186)		(1,186)	(672,046)
after transfers
TOTAL FUNDS BROUGHT				407,216		407,216	1,079,262
FORWARD
TOTAL FUNDS CARRIED				406,030		406,030	407,216
FORWARD

				2022			2021
			Note	E		E	E
FIXEDASSETS
Tangible fixed assets					109,234		123,469
CURRENT ASSETS
Cash at bank and in hand				84,223		229,294
Deposits &3 months'	notice			153,016		2,463
Deposits &3 months'	notice			87,682		87,390
Total Cash and Deposits					324,921		319,147
Debtors					17,715		13,984
					342,636		333.131
CREDITORS due within		1year			(45,840)		(49,384)
NET CURRENT ASSETS					296,796		283,747
NET ASSETS					406,030		407,216
FUNDS
Restricted			10
Unrestricted —Designated					101,758		123,469
Unrestricted —General		Fund			304,272		283,747
TOTALFUNDS					406,030		407,216

			2022	2021
			E
Cash Flow from Operating
Activities
Net cash from operating		(1,186)		(672,046)
activities
Adjustments for:
Depreciation charges		21,711		21,226
Increase in Debtors		(3,731)		(2,360)
Decrease in Creditors		(3,544)		(172,624)
Net cash from operating			13,250		(825,8041
activities
Cash Flow from Investing Activities
Purchase ofassets		(7,476)		(111,739)
Movement on &3months		(292)		(86,511)
cash deposits
Net cash from investing			(7,768)		(198,250)
activities
Cash Flow for reporting period ended 31"Dec			5,482		(1,024,054)
Cash Balance at beginning	of		231,757		1,255,811
reporting period
Cash Balance at end of reporting			237,239		231,757
period
Classified on the balance sheet as:
Cash at bank			84,223		229,294
Short term deposits (&3	months)		153,016		2,463
Cash balances			237,239		231,757
Deposits &3months' notice			87,682		87,390
Total Cash and Deposit			324,921		319,147
Balances

. INCOME
			Total	Funds
	Unrestricted	Restricted	2022	2021
	Funds	Funds
	f	f
2a Donations
Gift Aided Donations	314,491		314,491	3B7,898
Gift Aid	76,497		76,497	91,885
Other Planned Giving	30,670	450	31,120	55,512
Other Gifts &Cash Offerings	8,764	2,134	10,898	54,900
Grants				95,000
TOTAL INCOME	430,422	2,584	433,006	685,195
2b Income from Investments
Interest from Investments	863		863	18,805
2cIncome from Trading
Activities
Parochial Fees	2,811		2,811	1,807
Cafd Income	49,850		49,850	14,469
TOTAL TRADING INCOME	52,661		52,661	16,276
2d Otherlncorne
Building Usage, Toddlers etc	11,478		11,478	1,428
Government Grant (furlough				21,111
scheme)
TOTAL OTHER INCOME	11,478		11,478	22,539
TOTAL INCOME	495,424	2,584	498,008	742,815

						Total Funds
				Unrestricted	Restricted	2022	2021
				Funds	Funds
				E	E	E	E
a)	Expenditure on Charitable
	Activities
Mission Support:
Overseas Mission Partners				49,047	1,200	50,247	47,111
(see	below)
Overseas Mission Projects:
	Amani			2,000	606	2,606	2,344
	Global Recordings			350		350	350
	Steet Kids Direct			375		375
Sub-Totah Overseas		Mission		2,725	606	3,331	2,694
projects
Home Mission:
	Seniors Events/Keep-Fit			366		366	204
	Lighthouse			1,000		1,000	500
	Wycombe Homeless Connection			1,500	606	2,106	1,844
	Football Club						250
	Alpha						61
	WYFC			400		400	400
	Schools Ministry			129		129	14
	lain Rennie Hospice at Home				606	606	344
	High Wycombe	Mutual	Aid				206
	Love Fund			505	702	1,207	1,912
	Love Wycombe			400		400
	Welcome Churches			1,500		1,500	1,500
Sub-Totah Home Mission				5,800	1,914	7,714	7,235
Ministry Costs:
	Staff Pay			125,526		125,526	151,228
	Parish Share			136,723		136,723	130,757
	Staff Expenses			7,633		7,633	12,914
	Children, Youth	& Family		3,342		3,342	1,487
	Events			10,713		10,713	3,082
	Music &Worship			3,524		3,524	1,476
	Printing & Publicity			699		699	1,030
	Diocesan Costs			2,422		2,422	1,504
Sub-Totah Ministry Costs				290,582		290,582	303,478

Church Management	Church Management
Office	Management &Admin	12,473		12,473	9,817
Fabric	&Maintenance	25,826		25,826	10,599
Utility	Costs &Insurance	29,036		29,036	11,526
Sub-Totah	Church Management	67,335		67,335	31,942
Charitable	Activities Total	415,489	3,720	419,209	392,460

					Total Funds	Total Funds
			Unrestricted	Restricted	2022	2021
			Funds	Funds
			f	f
b) Other Activities
Depreciation			21,711		21,711	21,226
Cafe Costs			42,884		42,884	6,744
Staff Leaving: personal		gifts				2,288
Costs relating to the construction				13,320	13,320	989,776
ofthe Trinity	Centre
Total Other	Activities		64,595	13,320	77,915	1,020,034
c) Support
Independent	Examination/		2,070		2,070	2,367
Audit Fee
Total Expenditure			482,145	17,041	499,186	1,414,861

, FIXEDASSETS
	Freehold Land	Equipment	Total
	& Buildings
Cost
Balance as at 1e Jan 2022	79,676	123,507	203,183
Additions		7,476	7,476
Balance as at 31Dec 2022	79,676	130,983	210,659
Depreciation Balance as at 1"Jan 2022	56,912	22,802	79,714
Charge for the year	3,524	18,187	21,711
Balance as at 31Dec 2022	60,436	40,989	101,425
Net Book Value
As at 31"Dec 2022	19,240	89,994	109,234
As at 31e Dec 2021	22,764	100,705	123,469

(Th 5.	e Oxford Dioces DEBTORS	e owns all bu	t the Prayer St	udio, although they are a	ll maintained b
				2022	2021
				E	E
	Gift Aid claim			4,829	5,042
	Prepayments			1,995	3,604
	Other debtors			10,891	5,338
				17,715	13,984
6.	CREDITORS due within one		year
				2022	2021
				E
	Independent	Examination	fee	2,040	2,340
	Trinity Centre			43,800	43,800
	Other creditors				3,244
				45,840	49,384

		2022	2021
			E
Salaries and	wages	144,866	142,348
Employers'	NIC	1,859	4,411
Pension contributions		3,982	4,469
Employment	costs	150,707	151,228
Staff expenses and other costs		7,633	12,915
		158,340	164,143

Trustee			Related Trusteeships	Related Trusteeships	Related Party Transactions
Steve Whitmore,	PCC Member		Trustee for	Wycombe Youth	Holy Trinity Church, Hazlemere
			for Christ		paid a grant off400to
					Wycombe Youth for Christ
Carole O' Brien (Catering Manager			(was) Trustee for		Holy Trinity Church, Hazlemere
at Holy Trinity; sadly passed away			Lighthouse,	Hazlemere	paid a grant ofE1,000to
in 2022)					Lighthouse, Hazlemere
Alison Tuddenham	(Childrens	&	Trustee for	Lighthouse,	Holy Trinity Church, Hazlemere
Youth Worker at	Holy Trinity)		Hazlemere		paid a grant ofE1,000to
					Lighthouse, Hazlemere

	Opening	Income	Expenditure	Transfers	Closing
	Balance				Balance
UNRESTRICTED
FUNDS
General Funds	283,747	495,424	(460,443)	(14,456)	304,272
Designated Funds:
Fixed Assets	123,469		(21,711)		101,758
Total Unrestricted	407,216	495,424	(482,154)	(14,456)	406,030
Funds
RESTRICTED
FUNDS
Buildings Fund			(13,320)	13,320
Special Offerings		1,372	(1,817)	445
Love Fund		450	(703)	253
Personal Gifts		762	(1,200)	438
Total Restricted		2,584	(17,040)	14,456
Funds
TOTAL	407,216	498,008	(499,194)		406,030

	Opening	Income	Expenditure	Transfers	Closing
	Balance				Balance
UNRESTRICTED
FUNDS
General Funds	226,783	540,182	(399,934)	(83,284)	283,747
Designated Funds:
Fixed Assets	32,956		(21,226)	111,739	123,469
Southcote Fund	401,234			(401,234)
Total Unrestricted	660,973	540,182	(421,160)	(372,779)	407,216
Funds
RESTRICTED
FUNDS
Buildings Fund	95,738	103,955	(989,776)	790,083
Special Offerings		975	(1,032)	57
External Grants	322,361	95,000		(417,361)
High Wycombe	191	15	(206)
MutualAid
Personal Gifts		2 688	(2,688)
Total Restricted	418,290	202,633	(993,702)	372,779
Funds
TOTAL	1,079,263	742,815	(1,414,862)		407,216

	Unrestricted	Restricted	2022 Total	2021 Total
Fixed Assets	109,234		109,234	123,469
Cash and Deposits	281,723	43,649	324,923	319,147
Debtors	17,563	151	17,714	13,984
Creditors due within 1year	2,040	43,800	45,840	49,384
Net Assets	406,031		406,031	407,216

						2021	2020
				Unrestricted	Restricted	Total	Total
				Funds	Funds
			Note	E	E
INCOME
Donations			2(a)	482,562	202,509	685,072	903,366
Income from			2(b)	18,805		18,805	8,027
Investments
Income from Trading			2(c)	16,276		16,276	3,038
Activities
Other Income			2(d)	22,539		22,539	22,611
TOTAL INCOME				540,182	202,509	742,691	937,042
EXPENDITURE
Expenditure on			3(a)	390,822	1,637	392,460	382,583
Charitable Activities
Raising Funds			3(b)				2,358
Other Activities			3(c)	27,970	992,064	1,020,034	946,496
Governance Costs			3(d)	2,367		2,367	4,277
TOTAL EXPENDITURE				421,160	993,701	1,414,861	1,335,714
NET				119,022	(791,069)	(672,046)	(398,673)
INCOME/(EXPENDITURE)
BEFORETRANSFERS
Transfers between		funds	9	(372,779)	372,779
Net movement	in funds			(253,757)	(418,290)	(672,046)	(398,673/
after transfers
TOTAL FUNDS BROUGHT				660,972	418,290	1,079,262	1,477,935
FORWARD
TOTAL FUNDS CARRIED				407,216		407,216	1,079,262
FORWARD