| Yable ofContents | ||
|---|---|---|
| Trustees' Report |
||
| Statement ofFinancial Activities | ||
| Balance Sheet | ||
| Notes to the Financial Statements | ||
| Independent Examiner's |
Report | 20 |
| Unrestricted | Unrestricted | Restricted | Total Funds | Total | Fun d s | |||
|---|---|---|---|---|---|---|---|---|
| General | Designated | |||||||
| Fund | Fund | Funds | 2022 | 2021 | Notes | |||
| INCOME AND ENDOWMENTS | ||||||||
| Voluntary income excluding legacies |
106,579 | 2,195 | 108,774 | 124,429 | ||||
| Fundraising, concerts and events |
5,649 | 2,380 | 8,029 | 4,720 | ||||
| Church activities (including |
shop) | 31,550 | 31,550 | 23,176 | ||||
| Income from investments | 322 | 2,591 | 142 | 3,055 | 209 | |||
| Other receipts | 660 | 33 | 693 | 887 | ||||
| Total before legacies | 144,760 | 2,591 | 4,750 | 152,101 | 153,421 | |||
| Legacies —general | 31,000 | 31,000 | 5,196 | |||||
| Legacies —designated fund |
4,631 | 4,631 | 9,498 | |||||
| TOTAL INCOME | 175,760 | 7,222 | 4,750 | 187,732 | 168,115 | |||
| EXPENDITURE | ||||||||
| Church activities (including |
shop) | 78,874 | 6,663 | 85,537 | 72,624 | |||
| St Mary's House project | 56,861 | 56,861 | 14,155 | |||||
| Diocesan parish share | 63,189 | 63,189 | 67,282 | |||||
| Major Church repairs | ||||||||
| TOTAL EXPENDITURE | 142,063 | 56,861 | 6,663 | 205,587 | 154,061 | |||
| NET INCOME/DEFICIT BEFORE INVESTMENT GAINS |
33,697 | (49,639) | (1,913) | (17,855) | 14,054 | |||
| (Loss)/Gain on revaluation |
of | |||||||
| investments | (614) | (614) | 668 | |||||
| Transfer between funds |
(5,000) | 5,000 | ||||||
| NET MOVEMENT IN FUNDS |
28,697 | (44,639) | (2,527) | (18,469) | 14,722 | |||
| Total funds brought forward |
115,120 | 695,643 | 105,674 | 916,437 | 901,715 | |||
| Total funds carried forward | 143,817 | 651,004 | 103,147 | 897,968 | 916,437 |
| Total Funds | Total Funds | |||
|---|---|---|---|---|
| 2022 | 2021 | Notes | ||
| Land and buildings (St Mary's House) |
314,543 | 314,543 | ||
| Church piano |
21,000 | 21,000 | ||
| Church equipment | 7,327 | 11,044 | ||
| 342,870 | 346,587 | |||
| investments —restricted |
fund | 4,692 | 5,306 | |
| TOTAL FIXED ASSETS | 347,562 | 351,893 | ||
| Stock | 5,680 | 6,010 | ||
| Debtors and prepayments | 11,070 | 14,178 | 10 | |
| Legacies due at year end | 30,000 | 8,000 | 10 | |
| Cash at bank and in hand | 821,168 | 861,257 | ||
| TOTAL CURRENT ASSETS | 867,918 | 889,445 | ||
| Creditors: Amounts falling due within one year |
(2,969) | (10,358) | ||
| NET CURRENT ASSETS | 864,949 | 879,087 | ||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 1,212,511 | 1,230,980 | ||
| PARISH FUNDS | ||||
| Unrestricted general funds |
143,817 | 115,120 | 12 | |
| Unrestricted designated |
fund | 651,004 | 695,643 | 12 |
| Restricted funds | 103,147 | 105,674 | 12 | |
| 897,968 | 916,437 | |||
| Endowment funds |
314,543 | 314,543 | 12 | |
| TOTAL PARISH FUNDS | 1,212,511 | 1,230.980 |
| Unrestricted | Unrestricted | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | Total Funds | Funds | |||||
| Fund | Fund | Funds | 2022 | 2021 | |||||
| Voluntar Income |
|||||||||
| Planned giving |
70,608 | 70,608 | 78,193 | ||||||
| Other donations | 16,585 | 16,585 | 12,831 | ||||||
| Other donations —restricted | 2,083 | 2,083 | 10,739 | ||||||
| Gift aid recoverable | 19,386 | 112 | 19,498 | 22,666 | |||||
| Voluntary income |
excluding | legacies | 106,579 | 2,195 | 108,774 | 124,429 | |||
| Legacies —general | 31,000 | 31,000 | 5,196 | ||||||
| Legacies —designated fund |
4,631 | 4,631 | 9,498 | ||||||
| TOTAL | 137,579 | 4,631 | 2,195 | 144,405 | 139,123 | ||||
| Activities for eneratin |
funds | ||||||||
| Fundraising, concerts and |
events | 5,649 | 2,380 | 8,029 | 4,720 | ||||
| TOTAL | 5,649 | 2,380 | 8,029 | 4,720 | |||||
| Income from Church activities | |||||||||
| Shop sales | 16,865 | 16,865 | 15,343 | ||||||
| Hire of Church and | St Mary's | House | 10,537 | 10,537 | 3,358 | ||||
| Fees for weddings | and funerals | 4,148 | 4,148 | 4,475 | |||||
| TOTAL | 31,550 | 31,550 | 23,176 | ||||||
| Income from investments | |||||||||
| Bank interest | 322 | 2,591 | 2,915 | 72 | |||||
| Dividends | 140 | 140 | 137 | ||||||
| TOTAL | 322 | 2,591 | 142 | 3,055 | 209 | ||||
| Other receipts —building | grants | 660 | 693 | 887 | |||||
| TOTAL income and endowments funds |
on all | 175,760 | 7,222 | 4,750 | 187,732 | 168,115 |
| 3 Expenditure | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | |||||
| General | Designated | Restricted | Total Funds | Total Funds | ||
| Fund | Fund | Funds | 2022 | 2021 | ||
| ~Ministr Costs |
||||||
| Clergy expenses | 1,391 | 1,391 | 2,019 | |||
| Salaries and honoraria | 2,500 | 2,500 | 1,500 | |||
| Other costs | 1,980 | 1,980 | 1,635 | |||
| Other costs —restricted | 1,515 | 1,515 | 435 | |||
| Other fundraising costs |
172 | 172 | 192 | |||
| TOTAL | 6,043 | 1,515 | 7,558 | 5,781 | ||
| Church Costs | ||||||
| Utilities —current period |
15,335 | 15,335 | 12,386 | |||
| Utilities —prior periods recovery | (879) | |||||
| Repairs and maintenance | 6,312 | 6,312 | 1,366 | |||
| Repairs and maintenance | - restricted | 1,871 | 1,871 | 5,734 | ||
| TOTAL | 21,647 | 1,871 | 23,518 | 18,607 | ||
| St Mar 's House Costs | ||||||
| Utilities —current period |
4,490 | 4,490 | 4,516 | |||
| Utilities —prior periods recovery | (3,566) | |||||
| Repairs and maintenance | 3,814 | 3,814 | 3,277 | |||
| Other costs | 119 | 119 | ||||
| Shop purchases for resale |
8,807 | 8,807 | 9,440 | |||
| TOTAL | 17,230 | 17,230 | 13,667 | |||
| Other Costs of Charitable | Activities | |||||
| Salaries and pensions | 18,361 | 18,361 | 17,071 | |||
| Newsletter | 2,094 | 2,094 | 1,554 | |||
| Office costs | 4,887 | 4,887 | 5,702 | |||
| Professional fees |
1,544 | 1,544 | 1,759 | |||
| Depreciation | 2,944 | 3,277 | 6,221 | 5,693 | ||
| Bank charges | 731 | 731 | 775 | |||
| Miscellaneous costs |
3,393 | 3,393 | 2,015 | |||
| TOTAL | 33,954 | 3,277 | 37,231 | 34,569 | ||
| TOTAL CHURCH ACTIVITIES EXPENDITURE | 78,874 | 6,663 | 85,537 | 72,624 | ||
| St Mary's House project | 56,861 | 56,861 | 14,155 | |||
| Diocesan parish share | 63,189 | 63,189 | 67,282 | |||
| TOTAL EXPENDITURE | 142,063 | 56,861 | 6,663 | 205,587 | 154,061 |
| Notes to the Financial 4Staff costs |
Statem | ents for the year ended |
31December | 2022 |
|---|---|---|---|---|
| Cost 2022 | Cost 2021 | |||
| Remuneration | ||||
| Wages and salaries | 17,983 | 18,062 | ||
| Employer social security costs |
||||
| Employer pension costs |
378 | 411 | ||
| Furlough support |
(1,402) | |||
| Total staff costs | 18,361 | 17,071 | ||
| The average number of employees |
throughout | the year was 2 (2021;2). |
| Tangible Fixed Assets |
||||
|---|---|---|---|---|
| Freehold land |
Church | Church | Total Fixed | |
| and buildings | piano | equipment | Assets | |
| Cost or valuation | ||||
| At 1January 2022 | 314,543 | 21,000 | 36,954 | 372,497 |
| Additions at cost | 2,504 | 2,504 | ||
| At 31December 2022 | 314,543 | 21,000 | 39,458 | 375,001 |
| Depreciation | ||||
| At 1January 2022 | 25,910 | 25,910 | ||
| Charge for the year | 6,221 | 6,221 | ||
| At 31December 2022 | 32131 | 32131 | ||
| Net book value | ||||
| At 31December 2022 | 314,543 | 21,000 | 7,327 | 342,870 |
| At 31December 2021 | 314,543 | 21,000 | 11,044 | 346,587 |
| Fixed | Asset Investments | |
|---|---|---|
| Restricted | ||
| Funds | ||
| Market value | 1January 2022 | 5,306 |
| Revaluation | deficit | (614) |
| Market value 31December 2022 | 4,692 |
| Unrestricted | Restricted | TOTAL | TOTAL | ||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | ||
| Tax recoverable | 6,156 | 87 | 6,243 | 5,368 | |
| Prepayments | and accrued income | 2,394 | 2,394 | 5,328 | |
| Other debtors | 2,321 | 112 | 2,433 | 3,482 | |
| Debtors and | prepayments | 10,871 | 199 | 11,070 | 14,178 |
| Legacies due | at year end | 30,000 | 30,000 | 8,000 | |
| TOTAL DEBTORS | 40,871 | 199 | 41,070 | 22,178 |
| 11Creditors falling due within o | ne year | |||
|---|---|---|---|---|
| Unrestricted | Restricted | TOTAL | TOTAL | |
| Funds | Funds | 2022 | 2021 | |
| Accruals for utility and other costs | 3,108 | 3,108 | 9,601 | |
| Other creditors | (139) | (139) | 757 | |
| TOTAL | 2,969 | 2,969 | 10,358 |
| und income and expenditure and final b |
alances are as follows: | ||||
|---|---|---|---|---|---|
| Balances | Transfers/ | Balances | |||
| 1Jan 2022 | Income | Expenditure | Revaluations | 31Dec2022 | |
| Unrestricted Funds |
|||||
| General Fund |
115,120 | 175,760 | (142,063) | (5,000) | 143,817 |
| Designated Fund —St Mary' s House project (Note 14) |
695,643 | 7,222 | (56,861) | 5,000 | 651,004 |
| TOTAL GENERAL FUNDS | 810,763 | 182,982 | (198,924) | 794,821 | |
| Restricted Funds |
|||||
| Grace Howe Bequest | 8,734 | 142 | (614) | 8,262 | |
| Choir Fund | 18,456 | 545 | (2,295) | 16,706 | |
| Chapter Fund |
455 | 455 | |||
| Fabric Fund | 66,856 | 1,650 | 68,506 | ||
| Vestment Fund |
832 | 832 | |||
| Church Sound System | 4,541 | (149) | (3,277) | 1,115 | |
| St Mary's House project | 2,380 | 2,380 | |||
| Organ Fund |
5,800 | 182 | (1,091) | 4,891 | |
| TOTAL RESTRICTED FUNDS |
105,674 | 4,750 | (6,663) | (6141 | 103,147 |
| Endowment Funds |
314,543 | 314,543 | |||
| St. Mary's House | |||||
| TOTAL PARISH FUNDS | 1,230,980 | 187,732 | (205,587) | (614) | 1,212,511 |
| 13Net | assets by fund | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total Funds | Total Funds | ||
| Funds | Funds | Funds | 2022 | 2021 | ||
| Tangible | fixed assets | 25,050 | 3,277 | 314,543 | 342,870 | 346,587 |
| Fixed assets investments | 4,692 | 4,692 | 5,306 | |||
| Current | assets | 772,740 | 95,178 | 867,918 | 889,445 | |
| Current | liabilities | (2,969) | (2,969) | (10,358) | ||
| TOTAL | 794,821 | 103,147 | 314,543 | 1,212,511 | 1,230,980 |