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|Yable ofContents|||
|---|---|---|
|Trustees'
Report|||
|Statement ofFinancial Activities|||
|Balance Sheet|||
|Notes to the Financial Statements|||
|Independent
Examiner's|Report|20|
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|||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|||
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|||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||
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||||||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|
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|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|
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|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).|||
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|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|
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|Fixed|Asset Investments||
|---|---|---|
|||Restricted|
|||Funds|
|Market value|1January 2022|5,306|
|Revaluation|deficit|(614)|
|Market value 31December 2022||4,692|
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|||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|
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|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|
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|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|
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|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|
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