2023-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Holy Trinity And Christ Church, Richmond, Surrey

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Table of Contents	Table of Contents	Table of Contents
Annual Report ofthe Parochial			Church Council
Independent Examiner's Report			tothe Parochial	Church Council	13
Statement of Financial Activities					14
Balance Sheet.					15
Statement ofCash Flows.
1.Accounting Policies.					17
2.Income					19
3.Expenditure on Charitable		Activities			20
4.Missionary 5Charitable	Giving .				21
5.Trustee and Staff Costs.					22
6.Tangible Fixed Assets..					23
7.Debtors					23
8.Creditors - amounts due		within one year			23
9.Unrestricted Funds					24
10.Restricted Funds					25
11.Operating Lease Commitments					26
12.Net Cash in Use (operating			activities)		26
13.Related Parties.					26

erved as member	s	ofthe PCC:
Vicar			Dan Wells			PCC Chair,		Standing	Committee
Associate Vicar			Eils Osgood
Wardens			Penny Cox*			PCC Lay Vice Chair, Standing
						Committee
			James Thornton			PCC Lay Vice Chair (from May
						2023),Standing Committee
			Keith Nurse**			Standing Committee
Representatives	on	the Deanery	Karin Boyton*
Synod			Sue Reed
			Susan Armstrong
			Cathy Hewett
Elected members			Anke Marais**			PSO
			Martin Phillips **			Building Committee			Chair
			Craig Brown*
			Sue Petrie*
			David Ewart			Treasurer,		Standing	Committee
			James Stevenson	(until July 2023)
			Mark Lambert*
			Barnaby Chapman
			Holly Morris
			Gerry Stride			Standing	Committee
			Louise McFerran
Also in attendance			Liz Morris			Operations		Manager 5 PCC
						Secretary
			Matt Osgood (from September			Worship	Pastor, Building Project
			2023)			Repair Group
to APCM 2023
** from APCM 2023
Parish Safeguarding		Officers	Anke Marais (from January 2023)
(PSO)			Graham Bamping
		Holy Trinity	Church, Sheen Park, Richmond,		Surrey,	TW9 1UP

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to cope with an implemented if	d respond to cu required.	rrent and any futur	e unforeseen
		2023	2022
		f	f
Tota I reserves		1,287,938	1,277,984
Less: restricted	funds	461,697	467,833
Less: designated	funds	711,999	728,999
Less tangible fixed assets		34,626	209
Free reserves		79,616	80,944

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			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		Notes	Funds	Funds	Funds	Funds	Funds	Funds
					2023			2022
						f	f	f
Income from:
Donations and Legacies			386,156	33,440	419,596	433,703	41,318	475,021
Charitable activities			3,999		3,999	2,285		2,285
Other trading activities			37,292		37,292	39,890		39,890
Investments			53,781		53,781	13,518		13,518
Other			227		227			0
Total income			481,455	33,440	514,895	489,396	41,318	530,714
Expenditure on:
Charitable activities		3&4	465,366	39,576	504,942	363,367	30504	393,871
Total Expenditure			465,366	39,5?6	504,942	363,367	30504	393,871
Net gains/(losses)	on investments
Net Income			16,089	(6,136)	9,953	126,029	10,814	136,843
Gains/ (losses) on	Disposals of Fixed Assets							9,000
Transfers between	funds					755	(755)	0
Other recognised gains and losses
Net movement in	funds		16,089	(6,136)	9,953	126,784	10,059	136,843
Total funds brought	forward	9&10	810,152	467,833	1,277,985	683,368	457,774	1,141,142
Total funds carried forward		98,10	826,240	461,697	1,28?,938	810,152	467,833	1,277,985

As at 31st	D	ecember 2023
				Unrestricted	Restricted	Total	Total
			Note	Funds	Funds	2023	2022
				F	E	E	E
Fixed Assets
Tangible Fixed Assets				34,626		34,626	209
Current Assets
Debtors				29,396	4,946	34,342	35,579
Cash at bank on	deposit			760,690	442,976	1,203.666	1,166,330
Cash at bank and in		hand		9,396	13,775	23,171	91,186
				799,482	461,697	1,261,179	1,293,095
Creditors: Amount		fallin
due within one	ear			(7,868)		(7,868)	(15,320)
Net Current Assets				791,615	461,697	1,253,312	1,2?7,775
Net Assets				8261241	461,697	1,28?,938	1,277,984
Parish Funds
Unrestricted			9	826,240		826,240	810,152
Restricted			10		461,697	461,697	467,833
TotalFunds				826,240	461,697	1,287,938	1,277,984

					Unrestricted	Restricted	Total	Total
					Funds	Funds	Funds	Funds
				Note			2023f	2022 F.
Net cash in use	(operating	activities)		12	(78,324)	(6,136)	(84,460)	106,020
Cash flow from	investment	activities
Interest from investments					53,781		53,781	13,518
Net cash provided	by investment		activities		53,781	0	53,781	13,518
Change in cash and cash equivalents					(24,543)	(6,136)	(30,679)	119,538
Cash and cash equivalents		at the	beginning
ofthe Year					794,629	462,887	1,257,516	1,137,978
Cash and cash equivalents					770,086	456,751	1,226,837	1,257,516

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						Unrestricted Funds	Restricted Funds	Total 2023	Total 2022
						E
Missionary and charitable				giving
Outreach						22,440		22,440	21,650
Giff Day							31,500	31,500	28,200
Missionary Collections							515	515	757
Discretionary Fund (grants				made)			6,561	6,561	1,547
						22,440	38,576	61,016	52,154
Ministry costs
Staff costs						104,239		104,239	71,521
Parish Support Fund						126,800		126,800	124,320
Deanery Synod costs								0	80
ClergyIStaff:
Expenses						1,766		1,766	653
Conferences &training						1,110		1,110	521
						233,915		233,915	197,095
Church life
Youth Work (gross)						2,682		2,682	1,426
Children's Work (gross)						7,006		7,006	3,002
HT School - leaver Bibles						761		761	266
Expenses						10,025		10,025	13,370
Alpha courses (gross)						781		781	0
Men's/Women's events		(gross)				233		233	(306)
Group conferences	&Trips			(including	Focus) (gross)	2,170		2,170	1,410
						23,658		23,658	19,168
Property costs
Utilities						10,751		10,751	9,452
insurance						6,051		6,051	5,479
Cleaning						29,248		29,248	24,253
General maintenance	and		repairs			17,554		17,554	11,257
Building Project (Fees)						44,689		44,689	0
						108,293		108,293	50,441
Administration &Support
Staff costs						59,352		59,352	59,809
Office Expenses						7,163		7,163	6,932
Finance Administration		Expenses				4,500		4,500	4,205
Depreciation Charge	(Piant			& Equipment)		3,328		3,328	1,526
ITCostsl Website						1,224		1,224	1,522
Sundries						413	1,000	1,413	0
						75,980	1,000	76,980	73,994
Governance Costs
Independent Examination						1,080		1,080	1,020
						1,080		1,080	1,020
Total Cost ofCharitable			Activities			465,366	39,576	504,942	393,871

4.Missionary			Ch	arit	a	ble	Giving
									Unrestricted Funds	Restricted Funds	Total 2023	Total 2022
										E
Giving to organisations:
Outreach
Sarah Casson working		with Wycliffe							1,500		1,500	2,000
Karis Kids.									4,750		4,750	3,500
Riverbank Trust									3,870		3,870	3,000
Kick									3,500		3,500	3,000
LVA Trust.									3,500		3,50Q	3,000
Vineyard Community	Centre								1,320		1,320	750
Open Doors (Mission	for		persecuted			Christians)			1,250		1,250	1,250
International Justice Mission											0	1,250
A Rocha UK											0	1,250
Operation Mobilisation									50Q		500	0
World Vision									400		400	250
Richmond &Barnes Deanery				(Knife		appeal)			1,000		1,000	0
Palli Palem Mission									200		200	600
Prison Fellowship									150		150	0
Inovista (Ukraine)											0	1,000
Tearfund									500		500
DEC Pakistan Flood Appeal											0	800
Gift Day:
Riverbank Trust										10,500	1.0,500
LVATrust.										10,500	10,500
MAF (UK)										10,500	10,500	0
Open Doors (Mission	for		persecuted			Christians)					0	9,400
Leprosy Mission											0	9,400
FEBARadio											0	9,400
Other Outreach/Mission			giving:
Children's Society (Christmas				Service)						171	171	244
Tearfund										344	344	0
Riverbank Trust											0	30
Breast Cancer											0	68
Inovista (Ukraine)											0	100
Karis Kids, (support for		orphaned			children		in Kampala,	Uganda).			0	315
Giving to individuals
Discretionary Fund
Grants made										6,561	6,561	1,547
									22,440	38,576	61,016	52,154

StaffCosts			Unrestricted Funds	Restricted Funds	Total 2023	Total 2022
			F	E
Salaries and wages (including		allowances)	132,337		132,337	116,626
Social security	costs		11,265		11,265	9,623
Less Employer's	Allowance		(5,000)		(5,ooo)	(5,000)
Employers Pension Costs			5,267		5,267	4,665
			143,868	0	143,868	125,914

together with Je 6.Tangible Fixed Assets	sus
	Plant 8
	Equipment
	F
Cost
At 1 January 2023	4,579
Additions	37,745
Disposals
At 31 December 2023	42,324
Depreciation
At 1 January 2023	4,370
Charge ofthe year	3,328
At 31 December 2023	7,698
Net book value
At 1 January 2023	209
At 31 December 2023	34,626

7.Debtors
		2023	2022
Income tax recoverable		3,645	28,145
Other debtors (Discretionary	Fund)	750	2,445
Prepayments and accrued income		29,947	4,989
		34,342	35,579

8.Creditors - amounts due within one	year
	2023	2022
	F	E
Accruals	7,869	15,320
	7,869	15,320

9.Unrestricted Funds	together with Je	sus
	As at				As at
				Transfers
Current year	01-Jan-23 f	Income F	Expendituref	in/(Out) F	31-Dec-23
General Fund	81~153	481,455	(465,367)	17,000	114,241
Designated Funds:
Building Fund	718,359			(17,000)	701,359
Mission Fund	10,640				10,640
	810,152	481,455	465,367)	0	826,240
	As at				As at
				Transfers
Prior year	01-Jan-22 E	Income	Expendituref	In/(Out) F	31-Dec-22 E
General Fund	84,369	489,396	(363,367)	(129,245)	81,153
Designated Funds:
Building Fund	593,359			125,000	718,359
Mission Fund	5,640			5,000	10,640
	683,368	489,396	(363,367)	755	810,152

										Transfers	In 8,
											Other
							As at			Recognised		As at
Current		year					01/01/2023	income	Expenditure	Gains		31/12/2023
							E		E			E
Youth &		Children's		Minister's	Housing	Fund	371,794					371,794
Discretionary			Fund				20,661	426	(6,561)			14,526
Church	Plant		Fund				7,000					7,000
Gift Day		Fund					566	31,498	(31,500)			564
Building		Fund	(Restricted)				67,813					67,813
Total							467,833	31,924	(38,061)		0	461,697

								Transfers	ln 8,
									Other
					As at			Recognised		As at
Prior year					01/01/2022	Income	Expenditure	Gainsf		31/12/2022 6
Youth 8 Children's		Minister's	Housing	Fund	371,794					371,794
Discretionary	Fund				10,423	12,540	(1,547)		(755)	20,661
Church Plant	Fund				7,000					7,000
Gift Day Fund					745	28,021	(28,200)			566
Building Fund	(Restricted)				67,813					67,813
Total					457,774	40,561	(29,747)		(755)	467,833

The total f	uture minimum lease payme	nts under non	-cancellable ope	rating leases p	ayable are set	out below
					2023	2022f
Not later than one year					837	837
Later than	one year and not later than five	years			837	1,674
					1,674	2,511
12.Net	Cash in Use (operating	activities)
			Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
					2023	2022
Net income/ (expenditure) for the year (as per Statement of Financial Activities)			16,089	(6,136)	9,953	136,844
Adjustment	for:
Capital Expenditure			(37,745)		(37,745)	0
Disposal of	Capital Assets				0	0
Interest on	investments		(53,781)		(53,781)	(13,518)
(Increase)/	decrease in debtors		1,237		1,237	(29,253)
(Increase)/ Depreciation	decrease in creditors Charges		(7,452) 3,328		(7,452) 3,328	10,422 1,526
Net Cash Used in (operating activities)			(?8,324)	(6,136)	(84,460)	106,020