##
##
##
##
##
##
##
##
|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||||
##
##
##
##
##
##
##
##
##
##
##
##
##
|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|
##
##
##
##
##
##
##
##
##
##
##
||||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|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||Note|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|
##