2022-12-31-accounts

		Page
Annualreport		1 —7
Auditor's report		8 —10
Statement offinancial	activities
Balance sheet		12
Gash flow statement		13
Notes to the financial	statements	14 —23

Officers and Trustees who	have served from 1 January 2022 un	til the date this report was app	til the date this report was app
Name	Post	Dates (ifpart year)
Officers
Rev Andrew Blyth	Chair
Chnstine Robertson	Treasurer
Helen Moss	Secretary
Julia Thomson	Electoral Roll Officer
Trustees
Clare Benton	Elected
Rev Andrew Blyth	Ex-Officio
Caroline Breckon	Elected	From 22"	May 2022
Russel Brooks	Elected	From 224	May 2022
James Clapp	Elected	From 22"	May 2022
Nick Eden	Elected
Mike Fuller	Deanery Synod Member
Rachael Gill	Elected
Rev Timothy Grew	Ex-Officio
iona Hay	Deanery Synod Member
Jenny Harris	Elected	Until 22"'	May 2022
Tom Johnson	Elected
Elizabeth Lang	Churchwarden
Barry Lambert	Churchwarden
Alex Metcalfe	Elected	Until 22"	May 2022
Helen Moss	Elected
Patdick Olaniyi	Deanery Synod Member	From 28e	November 2022
David Rowe	Elected
Edmund Smith	Elected
Henry Steven	Elected
Milcah Troughton	Deanery Synod Member
Sophie Whisker	Elected
Andrew Whittaker	Elected	Until 224v	May 2022

			Note	Unrestricted	Restricted	2022 Total	2021 Total
				Funds	Funds	Funds	Funds
				K		6	6
Income and endowments		from:
Donations and legacies				817,881	108,342	926,223	1,046,239
Other trading activities				33,638	3,668	37,306	46,315
Other income							8,038
Total income and endowments				851,519	112,010	963,529	1,100,592
Expenditure on:
Raising funds				(656)		(656)	(158)
Charitable activities				(918,737)	(108,966)	(1,027,703)	(1,438,991)
Total expenditure				(919,393)	(108,966)	(1,028,359)	(1,439,149)
Net (expenditure)/income				(67,874)	3,044	(64,830)	(338,557)
Reconciliation of	funds
Total funds brought	forward			133,997	116,736	250,733	589,290
Total funds carried	forward		14-16	66,123	119,780	185,903	250,733

					Registered	Charity	No: 1130299
		Note	2022	2022 6		2021 6	2021f
Fixed Assets
Tangible assets		10		65,253			38,117
Current Assets
Stocks			6,000			6,000
Debtors			39,662		55,026
Cash at bank and in hand			153,110		192,336
			198,772		253,362
Liabilities
Creditors: amounts within one year	falling due	12	(78,122)		(40,746)
Net Current Assets				120,650			212,616
Net Assets				185,903			250,733
The Funds ofthe Charity
Restricted income funds		14		119,780			116,736
Unrestricted income	funds	15		66,123			133,997
Total Charity Funds				185,903			250,733

						2022		2021
								6
Cash flows from operating	activities
Net expenditure over income for the financial				year		(64,830)		(338,557)
Adjustments for
Depreciation ofproperty plant and equipment					7,325		6,944
Decrease/(Increase) in trade and		other	receivables		15,364		(30,952)
Decrease in inventories							1,000
Increase in trade payables					37,376		2,515
Net cash generated/(expended)		from	operating
activities						60,065		(20,493)
Cash flows from investing	activities
Purchase offixed assets					34,461)		(2,760)
Net cash (expended) from	investing		activities			(34,461)		(2,760)
Net (decrease) in cash and cash equivalents						(39,226)		(361,810)
Cash and cash equivalents	at the	beginning		ofthe year		192,336		554,146
Cash and cash equivalents	atthe	end ofthe		year		153,110		192,336

1.5	Expenditure
	Expenditure is included on an accruals basis and is recognised	when there is a legal or constructive					obligation	to
	pay for expenditure. Costs are attributed to one of the financial categories of expenditure					in the statement		of
	finanoal activities. The support costs are apportioned directly to the charitable activity			where possible,				the
	remainder are split equally between Ministry support and Pastoral and Evangelistic expenses					support.
1.6	Fixed assets
	Consecrated and beneficed properly of any kind is excluded	from the financial statements				by s95(2)(a) of		the
	Charities Act 1993.
	Fixtures, fittings and office equipment —depreciation is provided	using the straight line method				at rates calculated
	to write off the assets over their useful economic lives. The rate used is 25% per annum		apart from				for specific
	assets whose useful life is considered to be longer, whereby the appropriate rate is used, subject to a						minimum	of
	10%.Amounts are capitalised where they exceed 51,250 and	where the life ofthe assets	is			not less than three
	years.
1.7	Operating Leases
	Rentals payable under operating leases are charged against income on a straight line basis			over the			lease term.
1.8	Pensions
	The charity operates a defined contdibution pension scheme. Contributions are charged tothe			statement			offinancial
	activities as they become payable in accordance with the rules	ofthe scheme.
1.9	Stock
	Stock is valued at the lower ofcost and net realisable value.
1.10	Ethical standards
	In common with many other organisations ofour size and nature,	we use our auditors to assist			with the		preparation
	of the finanoal statements.
1.11	Judgements and estimation uncertainty
	The Trustees make estimates and assumptions concerning the future. There are no estimates or assumptions
	that have a significant risk ofcausing a material adjustment to the carrying amounts ofassets					and liabilities within
	the next financial year.
1.12	Cash and cash equivalents
	Cash and cash equivalents comprise cash in hand and call deposits, and other short-term highly					liquid	investments
	that are readily convertible to a known amount ofcash and are	subject to an insignificant risk		of change in value.
1.13	Trade debtors
	Trade debtors are amounts due from customers for merchandise	sold orservices performed	in			the ordinary course
	of business.
	Trade debtors are recognised initially at the transaction price. All trade debtors are repayable				within one year and
	hence are included at the undiscounted cost of cash expected	to be received. A provision		for the impairment				of
	trade debtors is established when there is objective evidence that the charity will not be able			to collect			all amounts
	due according to the original terms ofthe debtors.
The Parochial Church Council for the Ecclesiastical Parish of Holy Trinity
Annual	Report and Financial Statements 2022						15

3.	Other trading	act	ivities
					Unrestricted	Restricted
					Funds f	Fundsf	2022 Total f	2021 Total f
	Church activities:
	Income from	specific activities			15,900		15,900	14,963
	Pastoral and	evangelistic			17,039	3,668	20,707	30,929
	Worship media activity income				210		210	219
	Investment Income				489		489	204
	Total 2022				33,638	3,668	37,306	46,315
	Total 2021				29,618	16,697		46,315
4.	Other Income
					Unrestricted Fundsf	Restricted Funds f	2022 Totalf	2021 Totalf
	Coronavirus	job retention		scheme				8,038
	Raising funds
					Unrestricted Funds f	Restricted Fundsf	2022 Total f	2021 Total f
	Cost ofWorship		media activity		656		656	158
	income
	Total2021				158			158

	Note	Unrestricted	Restricted	2022 Total	2021 Total
		Funds	Funds	Funds	Funds
Activities undertaken:			6	f	6
Missionary appeals
Trinity Supported Mission	Partners
Missionary and charitable giving		54,784	72,594	127,378	95,803
Administrative expenses		180		180	118
Support costs	7	15,375		15,375	12,879
		70,339	72,594	142,933	108,800
Ministry
Parish Share		162,190		162,190	156,811
Welcome and discipleship		2,065		2,065	1,390
Staff costs		133,331		133,331	139,125
Worship, prayer and teaching		11,698	942	12,640	12,115
Printing, postage and
stationery
Depredation	10	1,273	2,389	3,662	3,472
Support costs	7	186,816	8,171	194,987	427,954
		497,373	11,502	508,875	740,903
Pastoral &evangelistic	expenses
Sunday School and Youth
Activities		13,123		13,123	5,966
GiRs and pastoral care		7,862	5,898	13,760	11,211
Alpha, training &
evangelistic expenses		17,001	506	17,507	11,998
Staff costs		109,422	6,765	116,187	111,458
Administrative expenses		9,308	366	9,674	9,637
Support costs		188,871	8,171	197,042	431,703
Other expenses		5,438	3,164	8,602	7,315
		351,025	24,870	375,895	589,288
Total costofactivities undertaken		918,737	108,966	1,027,703	1,438,991
Total costofactivities undertaken 2021		817,429	621,562		1,438,991

Support costs
	Note	Unrestricted	Restricted	2022 Total	2021 Total
		Funds	Funds	Funds	Funds
			6	6	6
Church running
expenses
Insurance		4,026		4,026	3,813
Utilities and telephone		10,717		10,717	6,979
Cleaning		7,400		7,400	2,569
Repairs and maintenance		2,977		2,977	1,302
New Development			13,953	13,953	548,361
General running costs		96,222		96,222	79,211
Other expenses		16,094		16,094	15,894
Events expenses		7,117		7,117	5,745
Administrative expenses		8,155		8,155	8,249
Depreciation	10	1,273	2,389	3,662	3,472
Staff costs	8	231,981		231,981	191,660
Audit and accountancy fees		5,100		5,100	5,280
Total support costs		391,062	16,342	407,404	872,536

		Unrestricted	Restricted	2022 Total	2021 Total
		Funds	Funds	Funds	Funds
		f	8		6
Missionary	appeals	15,375		15,375	12,879
Ministry		186,816	8,171	194,987	427,954
Pastoral 8	evangelistic	188,871	8,171	197,042	431,703
expenses
Total support costs		391,062	16,342	407,404	872,536
Total support costs 2021		321,435	551,101		872,536

Staffcosts
				2022	2021
				Number	Number
Number of	employees
The average	monthly	numbers	of full time equivalent	17	16
employees were:
No employee	earned	more than	660,000 in the year (2021 —nil).
Employment	costs
				2022	2021
					6
Wages and	salaries			420,887	390,584
Social security costs				32,344	25,557
Other pension costs				23,484	22,140
Recruitment	costs			912	110
Other staff costs				3,872	3,852
				481,499	442,243

angible fixed assets
	Fixtures, fittings
	and equipment
Cost	6
At 1 January 2022	191,016
Additions in the year	34,461
At 31 December 2022	225,477
Depreciation
At 1 January 2022	152,899
Charge for the year	7,325
At 31 December 2022	160,224
Net book values
At 31 December 2022	65,253
At 31 December 2021	38,117

11.	Debtors
						2022	2021
						E	f
	General		debtors			158	243
	Gift Aid	recoverable				18,173	31,605
	Other debtors					1,361
	Prepayments and accrued income					19,970	23,178
						39,662	55,026
12.	Creditors:		amounts	falling due within one year
						2022	2021
						6	f
	Expense		creditors			33,543	4,930
	Other creditors					18,887	17,697
	Accruals					14,604	13,861
	Deferred		income		13	11,088	4,258
						78,122	40,746
13.	Deferred		income
						2022	2021
							6
	Grants and donations
	Balance		as at 1 January 2022			4,258	9,351
	Received		in the year			22,824	21,393
	Amount	released to		income and endowments		(19,989)	(26,486)
	Balance		as at 31 December 2022			11,088	4,258

14.	Restricted funds
		1January	Income and	Expenditure	31December
		2022	endowments		2022
		6	6
	Special collections Specific purposes Pastoral and evangelistic	601 95,175 20,960	22,229 86,113 3,668	(21,130) (81,193) ~6,643	1,700 100,095 17,985
		116,736	112,010	(108,966)	119,780

	Restricted funds comparative	Restricted funds comparative
			1 January	Income and	Expenditure	31December
			2021	endowments		2021
			5	6		6
	Special collections		2,191	906	(2,496)	601
	Specific purposes		471,427	236,840	(612,792)	95,175
	Pastoral and evangelistic		9,097	17,837	(5,974)	20,960
			482,715	255,583	(621,562)	116,736
15.	Unrestricted	funds
			1 January	Income and	Expenditure	31December
			2022	endowments		2022
			E	6		8
	General		133,997	851,519	(919,393)	66,123

nalysis	ofnet assets between funds
		Unrestricted	Restricted
		funds	funds	Total funds
		E	E	E
Fund balances at 31 December 2022 as
represented by:
Tangible	fixed assets	8,518	56,735	65,253
Current	Assets	135,727	63,045	198,772
Current	Liabilities	(78,122)		(78,122)
		66,123	119,780	185,903