| 2022 | 2021 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | TOTAL | Unrestricted | Restricted | TOTAL | ||||||
| Income and Endowments | fmm: | Note | Funds 5 |
Funds 5 |
FUNDS 2 |
Funds 5 |
Funds 2 |
FUNDS 5 |
|||
| DonsSOns and legades Chsrhable scSvNes Olher eading acdvNes Investments Total |
2(s) 2(b) 2(c) 2(d) |
130,141 3,238 53.390 19854 215,623 |
' | 10S,959 3,300 41,141 163~ |
248,100 8,547 04,531 19854 $89))$2 |
136,888 3,017 32,407 17749 190,081 |
172,084 2,759 29,439 204282 |
30S,972 5,776 61,848 17749 394~ |
|||
| Expendltum on: |
|||||||||||
| Rahlng funds Chadhble acSviSes Total |
$(e) 3(b) |
9,404 222851 2$2,1$6 |
5,444 134906 140,MS |
14,928 357557 372r485 |
8,681 202283 208,064 |
1,330 137895 1392I26 |
8,011 339978 $47,989 |
||||
| Net Expenditure IIncome | (16,612) | 13,0SS | (3,453) | (18,90$) | 65457 | 46~ | |||||
| Net (losses) Igains on investments (Unmagsed) |
9(b) | (78,937) | (76,937) | 76.774 | 78,774 | ||||||
| Net movement In funds |
(93~) | 13,059 | (80450) | 69,871 | 65,257 | 125,128 | |||||
| Reconcglsgon offunds: |
|||||||||||
| Tohl funds brought forward | 1431,877 | 23,746 | 1,56S,62$ | 1398205 | 34290 | 1 WAS | |||||
| Transfer offunds | 17 | 8,048 | (9,048) | 75,801 | (75,801) | ||||||
| Total funds carrhd forward | 1 | 7 76 | 27767 | 1 7 233 | 1631877 | 23745 | 1 | 62$ |
| Note | 2022 | 2021 | ||
|---|---|---|---|---|
| FIXEDASSETS | ||||
| Tangible fixed assets Investment assets TOTAL FIXEDASSETS |
9(a) 9(b) |
795,391 580,069 1375460 |
810,107 654,338 1464 445 |
|
| CURRENT ASSETS | ||||
| FaiArade at StAndreWs -stock Debtors Solar Panels - payment ofdeposit Cash at bank and in hand TOTAL CURRENT ASSETS |
10 11 |
10,300 17,879 1,549 100,491 130,219 |
9,600 13,482 112,528 135,610 |
|
| LIABILITIES:AMOUNTS FALLING DUE WITHIN 1YEAR |
||||
| Accruals &deferred income TOTAL CURRENT LIABILITIES |
12 | 30,446 30,446 |
44,432 44,432 |
|
| NET CURRENT ASSETS | 99,773 | 91,178 | ||
| NET ASSETS | 1,475,233 | 1,555,623 | ||
| FUNDS | ||||
| Unrestricted Restricted TOTAL FUNDS |
13 14 |
1,447,476 27,757 1,475,233 |
1,531,877 23,746 1,555,623 |
|
| Approved by the Parochial Church Council |
||||
| and signed on its behalf by | ||||
| ~ 0~ | Sf. zi |
| 2022 | 2021 | |
|---|---|---|
| 6 | 6 | |
| Reconciliation ofnet incoming / (outgoing) resources |
||
| to net cash inflow from operating activities |
||
| Net (Outgoing) / Incoming resources Loss / (gain) on investmenis Depreciation ofassets (Increase )/ Decrease in stock (Increase) / Decrease in debtors Increase / (Decrease) in creditors Net cash Inflow from operating activities |
(80,390) 76,937 24,682 (700) (4,397) 13,986 2,146 |
125,128 (78,774) 22,997 2,311 (2,078) 2,532 72,116 |
| Investing activities |
||
| Purchase offixed asst investments Purchase oftangible fixed assels Deferred expenditure on Solar Panels Net investing activities |
(9,966) 1,549 (11,515) |
(20,000) (68,845) 0 (88,845) |
| Management of liquid resources |
||
| Dividends received and reinvested |
(2,668) | (2,512) |
| (Decrease) in cash | (12,037) | (19,241) |
| Net Funds at 1January 2022 | 112,528 | 131,769 |
| Net Funds at 31 December 2022 | 100,491 | 112,528 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restdcted | TOTAL | Unrestrlcled | Restricted | TOTAL | ||||
| 2 | Income and Endowments | Note | Funds 8 |
Funds 5 |
FUNDS 6 |
Funds 6 |
Ftrllds 6 |
FUNDS 5 |
|
| 2(a) | Income from donations and legacies |
||||||||
| Planned giving Income tax recovered Loose Plate Christmas coaemions Sundry donations Hall Trust Grant - Salaries and Expenses Hall Trust Grant - Projects Job Retention Scheme Grant (HMG) Hall Trust Grant - Money Advice Service Money Advice Service (Other funding) Bedford Borough Council - grants Friends ofStAndrsvrs Total Income from donations snd legacies |
100,944 24.039 4,301 4,271 5,58e 139,141 |
3.223 90,313 2,964 5,064 7.233 162 108,959 |
100,$44 24,039 4,301 3223 4,271 $0,313 2,964 5,054 7,233 6,586 182 248,100 |
$0,228 22,933 3,328 3,401 1,000 15,998 136,888 |
1,959 713 93,895 61.021 3,028 5,532 3,691 85 2 162 172,084 |
90,228 22,933 3,328 1,959 4,114 93,895 62,021 3,026 5,532 3.691 18,083 2162 308,972 |
|||
| 2(b) | . Income from charitable activities |
||||||||
| PCC Fees Diocesan Fees Total Income from charitable activities |
3,238 3,238 |
3.309 3,309 |
3,238 3309 8,547 |
3,017 3,017 |
2759 2,759 |
3,017 2.759 5,776 |
|||
| 2(c) | Income from other trading activiiles | ||||||||
| Church Centre tailings Fundraising Concerts at StAndrew' s Fairlrade at StAndreWs Magaiine Rental Income (5St Minver) Photocopying and miscellaneous Total Income from other trading activities |
6(a) 5(a) |
53,390 31,684 1,690 6,958 560 12,071 407 |
41,141 12.398 28.743 |
94,531 31,584 14,088 6,958 28,743 580 12,071 407 |
32,407 21.628 875 4,581 250 5,000 73 |
1,330 28,109 28,439 |
21.628 2,205 4,581 28,109 250 5,000 73 61,846 |
||
| 2(d) | Income from Investments | ||||||||
| PCC Dividends PCC Interest KP Trust |
6,149 1,161 |
6,149 1,161 |
5,566 54 |
5,566 54 |
|||||
| Capital Fund Income Fund Interest Total Income from investments |
9,816 2,656 72 19,854 |
$,816 2,566 72 19,854 |
9,557 2,569 3 17,749 |
9,557 2,569 3 17,749 |
|||||
| TOTAL INCOME AND ENDOWMENTS | 215,623 | 153,409 | 369,032 | 190,061 | 204,282 | 394,343 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | TOTAL | Unrestricted | Resbfcted | TOTAL | ||||
| 3 | Expenditure | Note | Funds 8 |
Funds 6 |
FUNDS 8 |
Funds 8 |
Funds E |
FUNDS 6 |
|
| 3(s) | Expenditure on raising funds |
||||||||
| Advertising | |||||||||
| Fund Raising Concerfs elStAndrevrs Total Fund.raising and pubgclty |
5(0) | 2,581 6,923 9,484 |
5,444 5,444 |
8,006 8023 14,928 |
2,249 4,432 8,681 |
1,330 - 1.330 |
3,579 4432 0,011 |
||
| 3(b) | Expenditure on charitable sctlvldes |
||||||||
| Diocesan | |||||||||
| Parish Share Diocesan Fees Salaries and Expenses (exd Money Advice) Fees Ministry expenses Upkeep ofsenrices Church - Heat, light and insurance Church - Minor repairs Educafloll Magazine expenditure Curate's house maintenance Church Centre running costs |
8(b) | 131,510 1,895 5,800 6,892 7,901 2,230 1,212 783 14,731 |
3,309 83.175 7,138 420 870 162 |
131,610 3,309 83,175 7,138 1,896 8,220 8,892 8,831 2,230 1,212 783 14,893 |
123,152 1.013 5,085 8,242 3,284 1,585 250 2,126 13,085 |
2,759 03,016 3,905 98 300 320 1,464 |
123,152 2,759 03,016 3,005 1,109 5,385 8,242 3,804 1,585 250 2,126 14,549 |
||
| Fsiruade alStAndrews -purchases Fairtrade at StAndrevrs -expenses Fairlrads st SlAndrsvrs - donations Money Advice Service -sg expenditure Charitabl giving |
14 14 14 |
15,400 | 22.783 1,329 200 12,297 3.223 |
22,783 1,329 200 12,297 18,623 |
13,300 | 23,030 1,503 120 9,223 1,950 |
23,030 1.503 120 9,223 15,259 |
||
| Printing and stationery ITdevelopments and support costs Postage and sundries |
5,491 3,546 518 |
5,491 3,646 618 |
4,079 3,806 299 |
4.079 3,800 299 |
|||||
| Depredation Total Expenditure on charitable acdvlties |
9(s) | 24682 222,651 |
134.906 | 24682 367,667 |
22 997 202,283 |
137,696 | 22907 339,970 |
||
| TOTAL EXPENDITURE | 232,136 | 140,350 | 372,486 | 208,964 | 139,026 | 347,089 |
| There were related party transactions dwing the year and in 2021as delsaed |
There were related party transactions dwing the year and in 2021as delsaed |
There were related party transactions dwing the year and in 2021as delsaed |
below. | |||
|---|---|---|---|---|---|---|
| Name Gareth Burrows Verger, payment on invoices received |
Basis of payment Fees |
2022 Payment made 6 6,242 |
Pension Contrib. |
Basis of payment Fees |
2021 Payment made 6 3.514 |
Pension Contrlb. 6 |
| Isa Member ofStAndrew's Church PCC |
||||||
| Kelly Agler Good Centre Manager, Employment contract |
Salary | 8,760 | 394 | 28,016 | 1.171 | |
| Isa Member ofStAndrew's Church PCC |
||||||
| (to 1st May 2022) | ||||||
| Roseanne Klnvlg-Love Children's Worker, temporary Employmenl |
Salary contract |
4,671 | Salary | |||
| Isa Member ofStAndrew's Church PCC |
||||||
| Elisabeth Sutcgffe Children's Worker, Employmenl contract |
Salary | 12,630 | 688 | Salary | 10,667 | 480 |
| Her husband is a Member ofStAndrew's |
Church PCC |
| CHURCH CENTRE | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| 8(a) Church Centre Lettings (Income) | 6 | 8 | ||||
| Rale 1: Commercial users Rate 2: Community users Rate 3: Church Members Rate 4: Guides, Brownies Other Total Church Centre Lettings |
&Charities &Rainbows |
2,066 15,945 8,636 2,566 2471 31,684 |
4,940 10,699 4,766 451 772 21,628 |
|||
| 8(b) Church Centre Expenditure | ||||||
| Maintenance Office Utilities Other Total Church Centre Expenditure |
7,698 1,550 4,817 828 14,893 |
8,515 1,400 4,264 370 14,549 |
||||
| FIXEDASSETS | ||||||
| Curate' s | Church | ONce | Fixtures 8 | |||
| 9(a) TANGIBLE FIXEDASSETS | House 8 |
Centre 8 |
Equipment 5 |
Fittings 6 |
Totalf | |
| COST | ||||||
| At 1 January 2022 Additions At 31 December 2022 |
76,311 76,311 |
253,569 253,569 |
30,551 30,551 |
758,227 9,966 768,193 |
1,118,658 9,966 1,128,624 |
|
| DEPRECIATION | ||||||
| At 1 January 2022 Charge for the year At 31December 2022 |
(100,857) (4,678) (105,535) |
(26,822) (1,554) (28,376) |
(180,872) (18,450) (199,322) |
(308,551) (24,682) (333,233) |
||
| NET BOOK VALUE | ||||||
| At 1 January 2022 At 31 December 2022 |
76,311 76,311 |
152,712 148,034 |
3,729 2,175 |
577,355 568,871 |
810,107 795,391 |
|
| 9(b) FIXEDASSET INVESTMENTS | PCC | PCC | PCC | KP Trust ' | Total | |
| ~VLUE | CBF 6 |
CBF f |
Total 6 |
Total f |
Total Fixed 8 |
|
| Market Value at 1January Purchase ofinvestments |
2022 | 199,089 | 21,481 | 220,570 | 433,768 | 654,338 |
| Dividends reinvesled Annual Revaluation Market Value at 31 December 2022 |
2,668 ~23, 3 178,314 |
2,520 18,961 |
2,668 25,963 197,276 |
50974 382,794 |
2,668 76,937 580,069 |
|
| ~SHA ~ DLO G |
||||||
| At 1 January 2022 Purchase ofinveslmenls |
8,512.89 | 14,755.48 | 23,268.37 | 60,719.44 | 83,987.81 | |
| Dividends reinvested At 31 December 2022 |
123.87 8,636.76 |
14,755.48 | 123.87 23,392.24 |
60,71944 | 123.87 84,111.68 |
|
| See page 17foran analysis ofthe Fixed Asset Investments ofthe |
KP Trust |
| CBFFixed | ||||||
|---|---|---|---|---|---|---|
| CBF | CBF | Interest | Total Fixed | |||
| Investment | Property | Securities | Asset | |||
| Fund | Fund | Fund | Investments | |||
| VALUE | 6 | 6 | 6 | 6 | ||
| Market Value at 1January 2022 Annual Revaluation Market Value at 31December 2022 |
367,691 43,091 324,600 |
58,820 6,901 51,919 |
7,257 982 6,275 |
433,768 60,974 382,794 |
||
| E~NRRE LOIN |
||||||
| At 1January 2022 At 31December 2022 |
15,722.23 15,722.23 |
40,404.04 40,404.04 |
4,593.17 4,593.17 |
60719A4 60,719A4 |
||
| DEBTORS | 2022 | 2021 | ||||
| 6 | 6 | |||||
| DEBTORS | ||||||
| Gift Aid recoverable Centre Bookings HMRC Hall Trust |
10,950 4,526 1,492 749 |
8,093 4,782 |
||||
| Other Debtors Debtors |
162 17,879 |
607 13,482 |
||||
| PREPAYMENTS | ||||||
| Deposit for Solar Panels | 1,549 | |||||
| TOTAL DEBTORS | 19,428 | 13,482 | ||||
| CASH AT BANK AND IN HAND | 2022 | 2021 | ||||
| PCC | 6 | 6 | ||||
| Cash | 466 | 969 | ||||
| CAF Bank currenl account CBFdeposit account NalWest - Fairlrade at St Andrew' s Fairlrade at St Andreu/s -floats KPTrust |
7,605 81,497 7,330 230 |
3,008 98,872 5,631 230 |
||||
| CBFincome account TOTAL CASH AT BANK AND |
IN HAND | 3,363 100,491 |
3,818 112,528 |
|||
| Notes | ||||||
| CAF stands for Charities | Aid | Foundation | ||||
| CBFstands for Central Board of Finanoe |
| 12 | LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
|---|---|---|---|
| DEFERRED INCOME | 6 | 6 | |
| CASA - Quavers and advance tickets for concerts Other deferred income Bedford Borough Council Hell Tnnl Harpur Trust Legacies Rental Income Receipts in advance |
2,600 4,000 1,960 6$3 |
3,300 4,333 3,300 2,024 4,139 2.000 5,304 |
|
| ACCRUALS | |||
| Centre Chsritable giving Church Cogee and company Corlcerls et StAndraufs |
1,904 6.051 4,265 |
774 6,270 506 325 |
|
| Edllcegon Feirlrade at StAndrrmfs HMRC Ministry Money Advice Oflice Other Salaries and Fees SlAlbens Upkeep ofServices Utilities TOTAL ACCRUALS 8DEFERRED INCONIE |
$54 200 154 1,094 1,112 90 1,407 674 508 3142 30,446 |
550 521 732 102 1,604 375 1,550 1,252 507 3,390 44.432 |
| UNRESTRICTED FUNDS | PCC | ||||
| General | Curate' s | Church | KP Trust | Total | |
| House | Confro | ||||
| E | E | E | E | ||
| Balance al 1 January 2022 Increase IIdecrease) in funds in the year Balanco at31December 2022 |
SSS,268 8204 836,974 |
76,311 76,311 |
IS2,712 4,670 148,034 |
437,680 51429 380,157 |
1,631,077 04401 1,447,470 |
| RESTRICTED FUNDS | |||||
| Feirtrade | Parrolt | Youth | |||
| Fund | Fund | Fund | Total | ||
| 6 | E | 6 | |||
| Balance al 1January 2022 Receipts Paymenls Balance al 31December 2022 |
10,267 28.743 24312 20,690 |
S,SS2 420 6,472 |
1,587 1,607 |
23,740 20,743 24 732 27,T67 |
|
| a | |||||
| less transfer of | El IK lo Unreslricled Funds in 2021. |