**St John the Evangelist, Woodley St John's Church Airfield Church (LEP)**
## **Financial Statements of the Parochial Church Council**
**for the year ended 31 December 2022**
**PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY**
## **2022 Accounts Summary**
## **Introduction**
The Church Accounting Regulations require that the annual report of the Parochial Church Council (PCC) should include a section on the financial activities of the PCC, including the ways in which the activities of the parish, as described in the annual report of the PCC, have been funded. An assessment should also be given of the way in which the activities of the parish will continue to be funded and any perceived financial risks to the continuation of the parish ministry.
This report describes the financial situation of the Parish of St. John the Evangelist for the year ended 31st December 2022.
The PCC is registered as a charity with the Charity Commission with registration number 1129449.
## **Results Headlines**
## **Total Incoming Resources and Resources Used**
The consolidated accounts across all funds for 2022, excluding other recognised gains, show a total income of £127,632 with expenditure of £176,290, giving a deficit of (£48,658).
The comparable figures for 2021 are an income of £143,247 and an expenditure of £163,666, giving a deficit of (£20,419).
## **Parish General Fund**
The Parish General Fund comprises Unrestricted Funds that can be used by the PCC for ordinary purposes. In the year 2022 there was a deficit of income over expenditure of (£16,696) after transfers, from an income of £122,592 and an expenditure of £136,308, and including net transfers to Restricted funds of (£2,980).
The comparable figures for 2021 are an income of £109,438 and expenditure of £130,921, giving a deficit (after net transfers) of (£19,705).
## **Restricted Funds**
The income into the Restricted Fund in 2022 was £5,040 and the expenditure was £39,982 resulting in deficit of (£31,962) including net transfers from the General Fund of £2,980.
The comparable figures for 2021 are an income of £33,809 and an expenditure of £32,745, giving a deficit (after net transfers) of (£714).
## **Total Parish Assets**
Including the value of the properties in Southlake Crescent and Caldbeck Drive (which have not been revalued this year) the combined total assets of the parish have reduced to £1,082,625 at the end of 2022 compared with £1,139,447 at the end of 2021, a decrease of (£56,822).
2
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY**
## **Independent Examiner's report to the Parochial Church Council of St John the Evangelist, Woodley**
This report on the financial statements of the Parochial Church Council for the year ended 31 December 2022 is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (the Regulations) and section 145 of the Charities Act 2011 (the Act).
## **Respective responsibilities of the Parochial Church Council and the examiner**
As members of the Parochial Church Council you are responsible for the preparation of the financial statements, you consider that the audit requirement of the Regulations and section 144(2) of the Act does not apply. It is my responsibility to issue this report on those financial statements in accordance with the terms of the Regulations.
## **Basis of this report**
My examination was carried out in accordance with the General Directions given by the Charity Commission under section 145(5)(b) of the Act and to be found in the Church guidance, 2011 edition. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items of disclosure in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention
1 which gives me reasonable cause to believe that in any material respect the requirements
to keep accounting records in accordance with section 130 of the Act; and
to prepare financial statements which accord with the accounting records and comply with the requirements of the Act and the Regulations have not been met; or
2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Erica Tipton Two Hoots Bucklebury Village Berkshire RG7 6PS
3
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY**
## **Statement of Comprehensive Income For the year ended 31 December 2022**
|**Note**
**Incoming Resources**
Incoming resources from donors
2
Other voluntary incoming resources
2
Income from investments
2
Charitable and ancillary trading
2
Legacies
2
**Total incoming resources**
**Resources used**
Grants
3
Activities directly related to church work
3
Church management and administration
3
**Total resources used**
**Net outgoing/ incoming before transfer**
Gross transfers between funds -in
6
**Net outgoing/incoming before gains**
**Other recognised gains/(losses)**
8
**Net movement in funds**
**Reconciliation of funds**
Total funds brought forward
Net movement for year
Total funds carried forward|**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**total funds**
**£**
**£**
**£**
**£**
**£**
63,351
2,107
0
65,458
106,921
12,619
431
0
13,050
16,950
30,373
1,952
0
32,325
11,373
16,249
550
0
16,799
8,003
0
0
0
0
0|
|---|---|
||122,592
5,040
0
127,632
143,247
5,405
407
0
5,812
8,237
113,100
39,575
0
152,675
132,123
17,803
0
0
17,803
23,306|
||136,308
39,982
0
176,290
163,666
-13,716
-34,942
0
-48,658
-20,419
-2,980
2,980
0
0
0|
||-16,696
-31,962
0
-48,658
-20,419
0
0
-8,164
-8,164
178,767|
||-16,696
-31,962
-8,164
-56,822
158,348|
||**996,574**
**73,519**
**69,354** 1,139,447
981,099
-16,696
-31,962
-8,164
-56,822
158,348|
||979,878
41,557
61,190 1,082,625
1,139,447|
4
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Statement of Financial Position At 31 December 2022**
|Notes
**Fixed Assets**
Tangible Assets
7
Investments
8
**Current Assets**
Debtors
9
Investments
10
Cash at bank and in hand
11
**Current Liabilities**
Sundry creditors
12
**Net current assets less current liabilities**
**Total assets less current liabilities**
**Total net assets less liabilities**
**Represented by**
**Unrestricted Fund**
14/15
**Restricted Funds**
16
**Endowment Funds**
8
**Funds of the Church**|12,292
80,439
31,143|
|---|---|
|||
Approved by the Parochial Church Council on 20th March 2023 and signed on its behalf by
……........................................ (Chair)
….......................................... (Church Warden)
5
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY**
## **Statement of cash flows**
## **For the year ended 31 December 2022**
|**Cash flows from operating activities**
Net cash provided by operating activities
**Cash flows from investing activities**
Dividends
Interest
Rent received
Expenditure on investment properties
Net cash provided by investing activities
Change in cash and cash equivalents
in the reporting period
Adjustments for
Gains on investments
Dividends
Interest received
Rents from investment properties
Expenditure on investment properties
(Increase)/Decrease in debtors
(Increase)/decrease in creditors
**Net cash provided by operating activities**
Cash in hand
Bank balance
Bank deposit account
**Total cash and cash equivalents**
Cash and cash equivalents at the beginning
of the reporting period
Cash and cash equivalents at the end of the
reporting period
**Reconciliation of net income/(expenditure) to net cash**
**flow from operating activities**
Net expenditure/income for the reporting period (as per
the statement of comprehensive income)|**2022**
**2021**
**£**
**£**
-46,614
-17,279
1,820
1,760
574
79
29,931
9,534
-27,018
-19,174
5,307
-7,801
-41,307
-25,080
152,889
177,969
111,582
152,889
**£**
**£**
-56,822
158,348
8,164
-178,767
-1,820
-1,760
-574
-79
-29,931
-9,534
27,018
19,174
10,021
-8,819
-2,670
4,158
-46,614
-17,279
115
225
31,028
72,225
80,439
80,439
111,582
152,889
|
|---|---|
6
**PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2022 financial statements**
## **1 Accounting policies**
## **Basis of financial statements**
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the FRS102 SORP
The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include accounts of church groups that owe there main affiliation to another body, nor those that are informal gatherings of church members.
## **Fund accounting**
**Endowment funds** are funds, the capital of which must be maintained; only income arising from investments of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established.
**Restricted funds** represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of the year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.
**Unrestricted funds** are general funds which can be used by the PCC ordinary purpose.
**Designated funds** are general funds set aside by the PCC for use in the future. Project funds are designated for particular projects for administration purposes only. Designated funds remain unrestricted and the PCC will move any surplus to other general funds.
## **Airfield Church**
Because of the ecumenical nature of the Airfield Church the PCC does not have sole legal responsibility for it. Therefore it is not deemed appropriate to incorporate the Statement of Comprehensive Income and Statement of Financial Position of the Airfield Church into the main statements of the PCC. These are therefore shown separately in the notes.
## **Incoming resources**
Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.
7
**PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2022 financial statements**
## **1 Accounting policies continued**
## **Resources expended**
Grants and donations are accounted for when paid over or when awarded. If that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.
## **Fixed assets**
Consecrated and benefice property is not included in the accounts in accordance with section 10(2)a and (c) of the Charities Act 2011.
Moveable church furnishings held by the Vicar and churchwardens on specific trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church's inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently no individual item had cost more than £1,000 so all such expenditure has been written off when incurred.
Equipment used within the church premises is depreciated on a straight line basis over four years. Individual items of equipment costing less than £3,000 are written off when the asset is acquired.
Investments are valued at market value at 31 December.
## **Pensions**
A defined contribution pension scheme is operated, contributions are charged to the statement of comprehensive income as they become payable.
8
**PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2020 financial statements**
## **1 Accounting policies continued**
## **Church Workers Pension Fund (CWPF) FRS102 Wording - December 2020 Year End**
St John the Evangelist participates in the Pension Builder Scheme section of CWPF for lay staff. CWPF is administered by the Church of England Pensions Board, which holds the CWPF assets separately from those of the Employer and other participating employers.
CWPF has two sections:
the Defined Benefits Scheme
the Pension Builder Scheme, which has two subsections;
a deferred annuity section known as Pension Builder Classic, and,
a cash balance section known as Pension Builder 2014.
## **Pension Builder Scheme**
Both sections of the Pension Builder Scheme are classed as defined benefit schemes.
_**Pension Builder Classic**_ provides a pension, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from time to time. Discretionary increases may also be added, depending on investment returns and other factors.
_**Pension Builder 2014**_ is a cash balance scheme that provides a lump sum which members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared is payable, unreduced, from age 65.
There is no sub-division of assets between employers in each section of the Pension Builder Scheme.
The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the SoFA in the year are the contributions payable (2022: £643, 2021: £633).
A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation was carried out as at 31 December 2019. The next valuation is due as at 31 December 2022.
For the Pension Builder Classic section, the valuation revealed a deficit of £4.8m on the ongoing assumptions used. At the most recent annual review, the Board chose to grant a discretionary bonus of 10.1% following improvements in the funding position over 2022. There is no requirement for deficit payments at the current time.
9
**PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2020 financial statements**
## **1 Accounting policies continued**
**Church Workers Pension Fund (CWPF) FRS102 Wording - December 2020 Year End**
For the Pension Builder 2014 section, the valuation revealed a surplus of £5.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time.
The legal structure of the scheme is such that if another employer fails, St John the Evangelist could become responsible for paying a share of the failed employer’s pension liabilities.
10
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY**
## **Notes to the 2022 Financial Statements**
## **2 Incoming resources**
|**Incoming resources**||
|---|---|
|**Incoming resources from donors**
Planned giving SO- Gift aid
Planned giving env -Gift Aid
Parish giving scheme
GAYE/CAF
Stripe
Planned giving SO - non Gift aid
Planned Giving env - non Gift Aid
One off Gift Aid gifts
One off non Gift Aid gifts
Plate
Sundry donations
**Other voluntary incoming resources**
Appeals - Gift Aid
Appeals - non Gift Aid
Job retention scheme grant
Tax recovered on Gift Aid
**Income from investments**
Interest
Dividends
Rent - Caldbeck Drive
Rent - Southlake Crescent
**Income from charitable and ancillary**
Fees - baptism
Fees - wedding
Fees - funeral
Hall lettings
Flower fund
Toddler group
Friendship Morning
**Income from non charitable trading**
Legacies
**Total Incoming Resources**|**2021**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**Total**
**Funds**
**£**
**£**
**£**
**£**
**£**
10,144
0
0
10,144
11,565
1,830
0
0
1,830
2,025
29,878
0
0
29,878
33,450
2,875
0
0
2,875
2,549
165
0
0
165
811
2,010
0
0
2,010
612
798
50
0
848
960
8,650
1,000
0
9,650
17,335
1,877
745
0
2,622
33,635
3,067
0
0
3,067
2,370
2,057
312
0
2,369
1,609
**2022**|
||63,351
2,107
0
65,458
106,921
0
0
0
0
0
0
431
0
431
0
0
0
0
0
1,375
12,619
0
0
12,619
15,575|
||12,619
431
0
13,050
16,950
442
132
0
574
79
0
1,820
0
1,820
1,760
18,107
0
0
18,107
1,434
11,824
0
0
11,824
8,100|
||30,373
1,952
0
32,325
11,373
**trading**
0
0
0
0
197
871
0
0
871
2,079
966
0
0
966
2,732
13,967
0
0
13,967
2,965
0
550
0
550
30
215
0
0
215
0
230
0
0
230
0|
||16,249
550
0
16,569
8,003
0
0
0
0
0|
||0
0
0
0
0|
||122,592
5,040
0
127,402
143,247|
11
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY**
## **Notes to the 2022 Financial Statements**
## **3 Resources used**
|**Grants**
Overseas mission
Home missions
Secular charities
**Activities directly related to church work**
Parish share
Vicar's working expenses
Vicar's discretion
Incumbant Vicar's expenses
Visiting clergy/speakers
Outreach
Youth group
Parish training
Church maintenance
Church cleaning
Church insurance
Upkeep of services
Upkeep of churchyard
Church heat, light, water
Hall maintenance
Hall cleaning
Hall insurance
Hall heat, light, water
Flowers, Ladies, Contact
8 Caldbeck Drive
49 Southlake Crescent
Audio visual
Church roof
**Church management and administration**
Office supplies and sundry expenditure
Telephone and broadband
Computer and software
Governance costs
Salaries
Bank charges
**Total outgoing resources**|**2021**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds Total funds**
**£**
**£**
**£**
**£**
**£**
5,080
0
0
5,080
5,786
120
0
0
120
1,905
205
407
0
612
546
**2022**|
|---|---|
||5,405
407
0
5,812
8,237
60,629
0
0
60,629
60,624
801
0
0
801
505
50
0
50
0
0
0
0
0
2,158
2,448
0
0
2,448
410
30
0
0
30
0
0
14,622
0
14,622
4,878
175
0
0
175
122
3,209
0
0
3,209
1,099
809
0
0
809
1,473
3,761
0
0
3,761
3,885
1,369
0
0
1,369
1,547
1,296
0
0
1,296
195
3,695
0
0
3,695
3,010
2,123
19,563
0
21,686
2,618
39
0
0
39
0
2,405
0
0
2,405
2,340
3,293
0
0
3,293
391
0
23
0
23
17
15,148
0
0
15,148
17,068
11,870
0
0
11,870
2,106
0
5,317
0
5,317
24,547
0
0
0
0
3,130|
||113,100
39,575
0
152,675
132,123
1,792
0
0
1,792
1,325
1,090
0
0
1,090
1,058
1,200
0
0
1,200
2,542
730
0
0
730
988
12,687
0
0
12,687
17,292
304
0
0
304
101|
||17,803
0
0
17,803
23,306|
||136,308
39,982
0
176,290
163,666|
The parish share payable by St Johns Church for 2022 was £62,518 (2021 £62,518). This was reduced by a rebate of £1,889 and a contingency return of £0 for 2022 (2021 the rebate was £1,894 and the contingency return was £0), resulting in a net share per accounts of £60,629 (2021 £60,624)
12
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2022 financial statements**
## **4 Staff Costs**
|**Staff Costs**|||
|---|---|---|
|Administrator
Digital Manager
Youth Worker
Redundancy
Pension contributions
Church cleaner
Hall cleaner|**2022**
**£**
12,054
0
12,480
643
809
25,986|**2021**
**£**
7,896
7,728
4,080
1,035
633
1,423
0|
|||22,795|
During the year the PCC employed an administrator digital manager and youth worker for St Johns Church and a cleaner for St Johns Centre plus the Vestry. The staff costs above are included under salaries and that of the cleaner which is included under hall and church cleaning costs. Members of the PCC received reimbursement of expenses incurred on behalf of the Church. The Treasurer received reimbursements totally £1,203 during 2022, no other member received reimbursements totalling more than £1,000. There were no other discloseable transactions in respect of PCC members , closely connected with them or other related parties.
## **5 Independent examiner's remuneration**
The independent examiner has waived her fees for the examination of these financial statements.
## **6 Transfer between funds**
|Mission
Dais Fund
Reorder Fund
Flower Fund
Ladies Group
Pamela Francis Ingram
Property fund- Houses
Audio Visual
Palmer Endowment
Trebble Endowment|**Restricted**
**funds**
**Restricted**
**funds**
**General**
**Designated**
**General**
**Designated**
**£**
**£**
**£**
**£**
**£**
**£**
-7,003
7,303
-300
-6,819
6,819
0
5,073
0
-5,073
5
0
-5
-5,073
0
5,073
0
0
0
0
0
0
13
0
-13
291
0
-291
0
0
0
-7,077
0
7,077
0
0
0
0
0
0
0
0
0
1,686
0
-1,686
0
0
0
503
0
-503
486
0
-486
1,317
0
-1,317
1,274
0
-1,274
**Unrestricted funds**
**2022**
**2021**
**Unrestricted funds**|
|---|---|
||-10,283
7,303
2,980
-5,041
6,819
-1,778|
13
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2022 financial statements**
- **7** Fixed assets - tangible assets
|Revalued cost
at 1 January 2022
Revaluation
Disposals
At 31 December 2022
Depreciation
At 1 January 2022
Provision for year
on disposals
At 31 December 2022
Net book value
At 31 December 2022
At 31 December 2021|Freehold
land &
buildings
Plant &
machinery
Fixture
fittings &
equipment
Total
900,000
0
0
900,000
0
0
0
0
0
0
0
0|
|---|---|
||900,000
0
0
900,000|
||0
0
0
0
0
0
0
0
0
0
0
0|
||0
0
0
0|
||900,000
0
0
900,000|
||900,000
0
0
900,000|
Fixture, fittings and equipment includes items gifted to the PCC at their estimated value at the date of the gift.
All assets, except land and buildings, purchased prior to 1993 have been deemed to have no current value and have not, therefore been included within tangible fixed assets.
In order to conform with FRS102 SORP the freehold land and buildings have been subjected to an intrim revaluation. The Church has not been included (in accordance with The Charities Act 2011 Section 10(2) sub-section(c) as it is a consecrated building and the Church Centre has not been included because of its age and lack of ownership. The value at which the property is included above and the current insurance values are:
|8 Caldbeck Drive
49 Southlake Crescent
St Johns Church Centre
St Johns Church|**Current**
**Value**
**Insurance**
**Value**
**£**
**£**
450,000
295,271
450,000
304,863
2,960,000
11,820,000
900,000
15,380,134|
|---|---|
14
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2022 financial statements**
## **8 Fixed assets- investments**
The investment assets of the Parochial church Council consist of two endowments invested in income shares in the CBF Church of England Investment Fund. The capital is perpetual, which means it cannot be spent
||||Previous||||
|---|---|---|---|---|---|---|
|||Opening|years||Unrealised|Value at|
||Number|capital|unrealised|Value at|Gain Current|
31/12/2022(p|
||of shares|(perpetual)|Gains|01/01/2022|Year|erpetual)|
|Palmer Charity|818|669|18,487|19,156|-2,255|16,901|
|Trebble Bequest|2,143|22,719|27,479|50,198|-5,909|44,289|
|||23,388|45,966|69,354|-8,164|61,190|
## **9 Current assets - Debtors**
|Income tax recoverable
Other
**10 Current assets - investments**
CBF C of E Deposit Fund|**2022**
**2021**
**£**
**£**
7,040
18,609
5,252
3,704
12,292
22,313
**2022**
**2021**
**£**
**£**
80,439
80,439|
|---|---|
The Central Board of Finance (CBF) Church of England Deposit Fund has earned an average interest rate of 1.3% throughout 2022. The interest has been held in the General Fund in the appropriate restricted and designated funds and has been allocated on a pro rata basis. The funds held throughout 2022 have remained unchanged and are:
|Church Centre
Dais Fund merged with Reorder Fund
Legacies|**£**
15,000
5,000
60,439|
|---|---|
||80,439|
15
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2022 financial statements**
## **11 Current Assets - Cash**
|**Cash at bank and in hand**
**St Johns**
CAF Bank Account
NatWest
Cash in Hand
Youth club cash in hand
**Ladies Group**
Bank Account
Cash in Hand
Total Cash at bank and in hand|**2022**
**2021**
**£**
**£**
30,454
71,723
574
322
65
65
50
50
31,143
72,160
0
180
0
110
0
290
31,143
72,450|
|---|---|
**12** Liabilites: amounts falling due within one year
|Agency collections
Other creditors|**2022**
**2021**
**£**
**£**
0
935
2,439
4,174
2,439
5,109|
|---|---|
16
## **PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2022 financial statements**
## **13 Analysis of net assets by fund**
## **2022**
|Fixed Asset Property
Fixed Assets Investment
Debtors
Deposit Account
Cash at Bank and in Hand
Sundry Creditors|**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**Funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**£**
**£**
**£**
0
900,000
0
0
900,000
0
0
0
61,190
61,190
12,292
0
0
0
12,292
0
60,439
20,000
0
80,439
-32,560
42,146
21,557
0
31,143
-2,439
0
0
0
-2,439|
|---|---|
||-22,707
1,002,585
41,557
61,190
1,082,625|
## **2021**
|Fixed Asset Property
Fixed Assets Investment
Debtors
Deposit Account
Cash at Bank and in Hand
Sundry Creditors|**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**Funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**£**
**£**
**£**
0
900,000
0
0
900,000
0
0
0
69,354
69,354
20,125
1,188
1,000
0
22,313
0
60,439
20,000
0
80,439
-16,076
36,007
52,519
0
72,450
-5,109
0
0
0
-5,109|
|---|---|
||-1,060
997,634
73,519
69,354
1,139,447|
## **14 Unrestricted funds**
Unrestricted funds represent assets available to be used at the discretion of the Parochial Church Council for furthering the mission and vision of the Church.
|St Johns Church Main Fund
Fixed assets
Deposit account
Bank and Cash Balance
Net Current Assets
General Funds
Designated Funds|**2022**
**2021**
**£**
**£**
900,000
900,000
60,439
60,439
9,586
19,931
9,853
16,204
979,878
996,574
-22,707
-1,060
1,002,585
997,634
979,878
996,574|
|---|---|
17
## **15 Designated funds**
|Legacies
Mission
Fresh expression fund
Properties fund
Properties fund - Houses|Balance at
01/01/2022
Income
resources
Outgoing
resources
Transfers
Balance at
31/12/2022
£
£
£
£
£
60,729
60,729
9,996
7,003
-5,405
300
11,894
367
200
-60
507
900,000
900,000
26,542
29,932
-27,019
29,455|
|---|---|
||997,634
37,135
-32,484
300
1,002,585|
The Mission fund arises from the tithe on general giving and enables a commitmentto provide regular support to four missions partners. Any surplus is distributed on a discretionary basis.
18
**PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2022 financial statements**
## **16 Restricted funds**
Restricted funds represents assets given to the Parochial Church Council for a particular purpose and the funds cannot, and must not, except by the specific legal criteria, be used for any other purpose. The Parochial Church Council has several restricted funds, the movement over the past year ere:
|Church Buildings
Church Centre
Audio Visual
Pamela Francis Ingram Legacy
Chair Fund
Dais Fund
Flower Fund
Ladies Group
Reorder
Silverware
Mission Fund
Sheldon Avenue Fire
Warm Hub
Community Crisis
Palmer Endowment Fund
Trebble Endowment Fund|Balance at
01/01/2022
Incoming
resources
Outgoing
resources
Transfers
Balance at
31/12/2022
£
£
£
£
£
2,546
0
0
0
2,546
31,658
95
-19,563
0
12,190
7,453
0
-5,317
-1,686
450
7,545
0
-14,622
7,077
0
123
0
0
0
123
5,037
36
-5,073
0
0
550
-23
527
291
0
0
-291
0
18,136
0
0
5,073
23,209
730
0
0
0
730
0
300
-300
0
0
407
-407
0
0
0
312
0
0
312
0
1,520
-50
0
1,470
0
503
-503
0
0
1,317
-1,317
0|
|---|---|
||73,519
5,040
-39,982
2,980
41,557|
.
## **17 Endowment funds**
The Parochial Church Council has two endowment funds:
The Woodley Charity of Susanna Caroline Palmer - this is a permanent endowment which requires the income to be spent on maintaining the parish church;
The Mrs.M Trebble Bequest -this is a permanent endowment, received in October 1998, which requires the income to be used for the repair, preservation and maintenance of the parish church and its fittings and monuments.
|Dividend income
Palmer Charity
Trebble Bequest|2022
£
503
1,317
1,820|2021
£
486
1,274|
|---|---|---|
|||1,760|
The capital values of the endowments are shown in note 8 and the dividends received are held in the restricted Palmer Endowment Fund and the Trebble Endowment Fund respectively
19
**WOODLEY AIRFIELD CHURCH YEAR ENDED 31 AUGUST 2022**
|**Incoming Resources**
Offerings and tax recovered
Interest Received
**Total incoming Resources**
**Resources Used**
**Ministry**
Circuit
Donations
Utilities
Other payments
Total payments
Net Payments
Total funds brought forward
Funds at end of year
**STATEMENT OF FINANCIAL POSITION**
Cash at Bank
HSBC
CFB
Liabilities
Net assets|£
£
£
£
7,526
8,964
12
6
7,538
8,970
6,332
6,611
467
1,272
391
373
603
962
7,793
9,218
-255
-248
9,768
10,016
9,513
9,768
**2022**
**2021**
**£**
**£**
1,518
7,838
7,995
1,930
9,513
9,768
0
0
9,513
9,768
**2022**
**2021**|£
£
£
£
7,526
8,964
12
6
7,538
8,970
6,332
6,611
467
1,272
391
373
603
962
7,793
9,218
-255
-248
9,768
10,016
9,513
9,768
**2022**
**2021**
**£**
**£**
1,518
7,838
7,995
1,930
9,513
9,768
0
0
9,513
9,768
**2022**
**2021**|
|---|---|---|
||||
|||-248
10,016|
|||9,768|
|||**2021**
**£**
7,838
1,930|
|||9,768
0|
|||9,768|
20