2022-12-31-accounts

The members ofthe PCC, for	the year 2022, are as	follows:
The Revd Philip Ritchie Rosemary Hancock Chloe Robinson Richard Dunkerley Rodney Burr Peter McCullough David Gimson	Ex officio Ex officio Ex officio Elected Elected Elected Elected	Vicar, Chair Churchwarden Churchwarden Treasurer	from 7 July
Mary Anne Sinclair Karen Metcalfe Clara Ramsay Thomas Tope l Jacqueline Norton	Elected Elected Elected Elected Elected	From 15 May From 15 May From 15 May

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	General funds	Designated funds	Restricted funds	Total 2022
Donations and legacies
Recurring income:
Tax-efficient planned giving
(excl tax) Collections ofloose cash	26,362	450		26,812
at services Gift Aid donations Other individual donations Tax recovered Missionary boxes and other Legacies and bequests	3,547 1,500 1,079 6,120 308 1,000		200 50 10,000	3,547 1,500 1,279 6,170 308 11,000
	39,916	450	10,250	50,616
Non-recurring income:
Grants received		2,000	4,212	6,212
		2,000	4,212	6,212
Other trading activities
Fundraising events Fees —weddings, funerals etc Church and hall rents	5,032 4,065	29,113	597 106	597 5,032 33,284
	9,097	29,113	703	38,913
Income from investments
Rental income from 14
Magdalen Road investment Other interest		80,006		80,006
Eden Tree Investment	1,358			1,358
	1,358	80,006		81,364
Total Income	50,371	111,569	15,165	177,105

Analysis of income —2021
	General	Designated	Restricted	Total
	funds	funds	funds	2021
Donations and legacies
Recurring income:
Tax-efficient planned giving
(excl tax) Collections of loose cash	28,825	600		29,425
at services Gift Aid donations Other individual donations Tax recovered Legacies and bequests	3,032 920 516 7,062 3,023	500		3,032 920 516 7,062 3,523
	43,378	1,100		44,478
Non-recurring income:
Government grants —CJRS	1,168	1,168		2,337
	1,168	1,168		2,337
Other trading activities
Fundraising events Fees —weddings, funerals etc Church and hall rents	613 5,572 3,420	50 21,530	1,096	1,709 5,622 24,950
	9,605	21,580	1,096	32,281
Income from investments
Rental income from 14
Magdalen Road investment Other interest Eden Tree Investment	17 187	73,553		73,553 17 187
	204	73,553		73,757
Totallncome	54,356	97,401	1,096	152,853

Analysis ofexpenditu	re		-	2022
							General	Designated	Restricted	Total
							funds E	funds f	funds	2022f
Expenditure on raising		funds
Gift Aid envelopes
Other fundraising costs
Investment property	management					costs
Investment properties	repairs,
maintenance and running				costs			725	13,509		14,234
Property management	and			legal	fees			6,640		6,640
Investment properties	insurance				premium			2,290		2,290
Total expenditure on	raising funds						725	22,439		23,164
Expenditure on charitable				activities
Parish share							62,469			62,469
Clergy expenses							160	14,213		14,373
Organist salary and other			music		expenses		7,507			7,507
Insurance premium							7,697			7,697
Service/alter costs							1,718			1,718
Church and hall running		costs					14,364			14,364
Church, hall 8 St Alban's
repairs and maintenance							33,894		9,780	43,674
Churchyard repairs and		maintenance
Sundry							1,268			1,268
Charitable donations							569			569
Outreach programmes									980	980
Churchyard fund
							129,646	14,213	10,760	154,619
Governance costs
Independent examination			fee				3,451			3,451
Other governance costs							79			79
							3,530			3,530
Other expenditure
Wages							8,624	9,652		18,276
Other staff costs							329			329
Printing, postage and stationery							3,008			3,008
Janitorial							662			662
Bank fees
							12,623	9,652		22,275
Total expenditure on	charitable				activities		145,799	23,865	10,760	180,424

Analysis ofexpenditure		-	2021
						General	Designated	Restricted	Total
						funds	funds	funds	2021
Expenditure on raising	funds
Gift Aid envelopes
Other fundraising costs
Investment property management					costs
Investment properties repairs,
maintenance and running			costs			218	11,934		12,152
Property management fees							5,991		5,991
Investment properties insurance				premium			1,982		1,982
Total expenditure on raising funds						218	19,907		20,125
Expenditure on charitable			activities
Parish share						62,417			62,417
Clergy expenses						191	14,322		14,513
Organist salary and other		music		expenses		7,606			7,606
Insurance premium						8,681			8,681
Service/alter costs						1,017			1,017
Church and hall running	costs					8,508			8,508
Church, hall &St Alban's
repairs and maintenance						54,565		5,628	60,193
Churchyard repairs and	maintenance					15,893			15,893
Sundry						147			147
Charitable donations						709		897	1,606
Outreach programmes								1,424	1,424
Churchyard fund								195	195
						159,734	14,322	8,145	182,201
Governance costs
Independent examination		fee				3,980			3,980
Other governance costs						8,186			8,186
						12,166			12,166
Other expenditure
Wages						9,694	9,652		19,346
Other staff costs						113			113
Printing, postage and stationery						3,550			3,550
Janitorial						705			705
Bank fees						30			30
						14,092	9,652		23,744
Total expenditure on charitable				activities		185,993	23,974	8,145	218,112

Wages and salaries	Wages and salaries	Wages and salaries
The wages and salaries costs comprise:-			2022f	2021
Wages			18,276	19,347
			18,276	19,347
The average number	ofemployees	(full time equivalent)
during the year was:-

Investment assets - 2022		General funds	Designated funds	Restricted funds	Total 2022
Freehold properties Market value at 1 January	2022		1,500,000		1,500,000
Revaluation
Other Investments Market Value at 1 January Market value gains/(losses)	2022	3,047 (4,446)	50,000		53,047 (4,446)
Market value at 31 December 2022		(1 399)	1 550000		1,548,601
Investment assets - 2021			General	Designated	Restricted
Total		funds F	funds	funds f	2021
Fixed asset investments	—freehold properties
Market value at 1 January Revaluation	2021		1,200,000 300,000		1,200,000 300,000
Other Investments
Market Value at 1 January 2021 Additions: Eden Tree Investments Market value gains		3,047	50,000		50,000 3,047
Market value at 31 December 2021		3,047	1,550,00		1,553,047

Fixed assets	Fixtures	8,
	fittings		Total
Cost
At 1 January 2022	15,599		15,599
Additions
At 31 December 2022	15,599		15,599
Depreciation
At 1 January 2022	9,262		9,262
Charge in year	2,872		2,872
At 31 December 2022	12,134		12,134
Net book value
At 31 December 2022	3,465		3,465
At 31 December 2021	6,337		6,337

8.	Debtors and prepayments	-2022	General	Designated	Restricted	Total
			fundsf	funds	funds F	2022
	Accrued income tax (Gift Aid) due		612			612
	Trade debtors		951			951
	Other debtors —accrued income		10,439			10,439
			12,002			12,002
	Debtors and prepayments	—2021	General	Designated	Restricted	Total
			fundsf	funds	fundsf	2021
	Accrued income tax (Gift Aid) due		7,016			7,016
	Trade debtors		1,312			1,312
			8,328			8,328

Creditors	and accruals - 2022	General	Designated	Restricted	Total
		funds E	funds f	funds E	2022
Accruals		13,937			13,937
Trade creditors
Other creditors		665			665
		14,602			14,602

Creditors and accruals - 2021	Creditors and accruals - 2021	Creditors and accruals - 2021	Creditors and accruals - 2021		General	Designated	Restricted	Total
					funds	funds f	funds f	2021
Accruals					8,747			8,747
Trade creditors
Other creditors					611			611
					9,358			9,358
Restricted funds	- 2022
				Fund				Fund
				balances				balances
				brought	Revaluation			carried
				forward	Income	/transfer F	Expenditure E	forwardf
Bartlemas Chapel St Alban's Wall/Development Churchyard fund A Place to be			fund	13,337 4,103 2,361	1,510 1,404 397		(15) (781)	14,832 1,404 3,719 2,361
Alice's Tea Party SS Mary 8 StJohn Church St Alban Church funds			funds	1,126 3,578	250 1,604 10,000		(200)	1,176 5,182 10,000
SMJ Reordering Dance of Universal		Peace		76,029 200			(9,764)	66,265 200
				100,734	15,165		(10,760)	105,139
Restricted Funds		- 2021
Bartlemas Chapel				13,337				13,337
St Alban's Wall/Development			fund	1,425		(795)	(630)
Organ fund Churchyard fund A Place to be				3,378 4,469 2,398	1,096	(3,378)	(1,461) (37)	4,103 2,361
Alice's Tea Party				1,247			(121)	1,126
Missioner				8,482		(8,482)
RB Hall				182		(182)
SSMary 8 StJohn		Church	funds	3,578				3,578
St Alban Church	funds			20		(20)
OWNS				172			(172)
Syrian Refugees SMJ Reordering Dance of Universal		Peace		725 81,027 200			(725) (4,998)	76,029 200
BeSpace				(150)		150
				120,490	1,096	(12,707)	(8,145)	100,734

Designated	fund - 2022
		Fund				Fund
		balances				balances
		brought		Revaluation		carried
		forwardf	Incomef	/transferf	Expenditure	forwardf
Investments	properties	1,500,000	80,006	(71,076)	(8,930)	1,500,000
Inv. properties —repair fund		20,000			(13,509)	6,491
Curate		37,455			(14,213)	23,242
Hall Rental			29,563	(19,910)	(9,652)
SMJ Reordering		3,013	2,000			5,013
Legacies 8	Bequests	500				500
		1,560,968	111,569	(90,986)	(46,304)	1,535,246
Designated	fund —2021
Investment	properties	1,200,000	73,553	300,000	(19,907)	1,500,000
				(53,646)
Inv. properties —repair fund		20,000				20,000
Curate		60,000		(8,223)	(14,322)	37,455
Hall Rental			23,348	(13,696)	(9,652)
SMJ Reordering		3,013				3,013
Legacies 8	Bequests		500			500
		1,283,013	97,401	224,436	(43,881)	1,560,968

				for t	he year en	ded 31 De	cember 20	22
COWLEY STJOHN	ACTUALS
Revenue				2015	2016f	2017f	2018 F	2019	2020f	2021	2022 E
Income Accounts
Bank interest				2,328	1,737	986	277	554	2,479	17
Crucible sales				142	165	328	8
Fees				6,113	3,357	5,622	2,563	3,729	4,202	5,622	5,032
Fundraising events				2,029	296	964	101	1,030		613
Gift Aid donations				1,439	2,166	3,163	1,797	2,519	2,518	920	1,500
Grants				85,613	7,731	11,626			16,897	2,337	6,212
Hire ofpremises				24,946	44,485	43,902	42,288	48,438	16,862	24,950	33,283
Investment income				65,749	54,074	60,641	65,011	76,751	75,613	73,739	81,363
Legacies and bequests				1,536						3,523	11,000
Missionary boxes and		other
charity collections				2,105	1,835	2,342	2,406	673	100		308
Other donations				4,285	13,947	7,577	7,449	3,577	2,409	516	1,279
Other donations - Education
Worker							60,000
Other donations —Outreach
Programmes							4,162	4,906	3,334	1,096	597
Planned giving				27,441	25,671	28,017	28,089	26,469	30,576	29,424	26,812
Plate				4,803	4,944	6,816	6,557	7,601	1,979	3,032	3,547
Refunds and insurance			claim	3,805	4,447	1,918	2,042
Tax recovered				8,403	9,892	9,895	7,091	10,456	8,819	7,062	6,172
Income Total				240,737	174,747	183,797	229,842	186,703	165,788	152,853	177,105
Expense Accounts
Administration support				12,442	19,339	21,717	25,488	31,454	27,776	19,460	18,605
Altar and service costs				790	3,812	1,541	1,261	3,644	1,948	1,017	1,718
Bank fees										30
Charitable donations		8 grants		2,140	2,326	2,512	2,765	1,152	1,587	1,606	569
Churches insurance				9,505	9,001	9,210	8,480	10,502	9,238	8,681	6,312
Churchyard				1,722	828	1,222		251
Clergy expenses				980	1,599	2,346		162	800	191	160
Clergy housing costs							1,139		8,223	14,322	14,213
Fees 8 subscriptions				2,252	2,054	2,434
Fundraising costs								763		195
Inv property insurance				1,598	1,698	1,721	1,862		1,975	1,982	3,674
Inv property repairs	&
maintenance				8,688	8,677	25,062	16,535	48,355	21,156	9,279	11,362
Inv property management			fees	7,971	6,479	7,249	5,850	6,044	6,146	5,991	6,000
Janitorial					3,568	1,455	8,279	3,028	754	705	663
Organist fees &other		music
Costs				8,815	7,411	8,457	7,755	7,401	5,621	7,606	7,507
Outreach programmes							1,786	5,109	4,222	1,424	981
Parish share				57,761	61,174	65,219	54,846	57,513	60,516	62,417	62,469
PPS, telephone 8 internet				4,678	3,620	8,881	5,324	6,556	4,916	3,550	3,008
Professional fees				14,362	14,946	3,512	7,086	8,720	4,734	17,163	13,934
Repair 8, maintenance				150,958	22,361	15,130	33,726	19,410	28,178	71,089	33,910
Sundry				1,321	4,118	6,659	1,516	1,514	795	147	1,268
Utilities				10,725	11,545	13,600	18,242	18,418	15,861	8,508	14,363
Vol income costs				45	46	48
Depreciation							2,130	2,130	2,130	2,872	2872
Expense Total				296,753	184,602	197,975	204,068	232,126	206,576	238,237	203,588
Surplus/(deficit) before
gain on investments				(56,016)	(9,855)	(14,178)	25,774	(45,423)	(40,788)	(85,384)	(26,483)