Cowley St John Parochial Church Council Unaudited Accounts for the year ended 31 December 2024 Oxford Cowley St John Parochial Church Council Trustees, Annual Report for the year ended 31 December 2024 The Parochial Church Council {PCC) of Cowley St John presents its annual report for the year ended 31 December 2024. Reference and Administrative Infomiatlon The incumbent is Reverend Martha Gra￿ Weatherill. Address: The Vicarage 271 Cowley Road Oxford OX4 2AJ The PCC is registered as a Charty with the Charity Commission. number 1130349 Bankers: Cooperattve Bank 1 Balloon Street Manchester M4 4BE Independent Examiner: Mr Aiay Bahl BA BFP FCA Wenn Townsend Chartered Accountant 30 St Giles Oxford. OX1 3LE The Parish is part of Cowley Deanery. which is part of the Di(Kese of Oxford. The PCC is responsible for the Parish Churth of St Mary and St John (SMJ) induding the churchyard and hall. St Atban's (SA) church and hall. the Chapel of St Bartholomew {Bartlemas), one propety (for dergy housing and investment purposes) and various restricted funds. Members of the PCC are either ex-officio or elected annually by the Annual Parochial Church Meeting (APCM) in accordance wÈth the Church RepreSentat￿n Rules. The ministers li￿nSed to the Parish and churchwardens are members by virtue of their office. Deanery Synod representatives are elected at the APCM and hold Offi￿ for three years. Other members of the PCC are elected at the APCM. We have instituted 3-year tenns of office, so that each year a third of the members stand down and elections are held for those pla￿s. Up to two additional members can be (x)-OPted by the PCC. The Members of the PCC. for the year 2024, are as follows: David Gimson Ex officio Rosemary Hancock Chloe Robinson Richard Dunkerley Rodney BuEr Peter Mccullough Mary-Anne Sindair Karen Metcalfe Clara Ramsay Thomas Topel Jacqueline Norton Ex officro Ex officio Elected Elected Elected Elected Elected Elected Elected Elected Churchwarden Churchwarden Treasurer Page 1 Cowley St John Parochial Church Council Trustees, Annual Report for the year ended 31 December 2024 Electoral Roll The Electoral Roll was completely revised in 2023 according to the Church of England's six-year cycle. There are 98 people enrolled (98 in 2023). Usual Sunday Attendance Usual attendance on a normal Sunday, at all services across the Parish, was 75 adults (also 75 in 2023) and 10 children (a150 10 in 2023). Structure, Governance and Management The PCC is a corporate body formed under the Parochial Church Council (Powers) Measure 1956. The PCC makes all decisions corporately, except that the Standing Committee has delegated powers to make decisions between PCC meetings, subject to keeping the PCC fully informed as necessary. The PCC is responsible for all parish finan￿. its management and control, including the appointment of the tre2surers. Members of the PCC are responsible for keeping accounting records, which with reasonable accLtracy enable them to ascertain the financial position of the PCC and which enable them to ensure that the financial statements comply with tho Charities Act 2011 and the Statement of Recommended Practice 'Accounting for Charities, 2005. The PCC is 21so responsible for safeguarding all the Parish assets and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The PCC is also responsible (delegated to the Parish Treasuref) for ensuring that the financial statements are examined by an independent examiner prior to presentation to the Annual Parochial Church Meeting, and for ensuring that the charity has appropriate systems of control (both financial and otherwise). In preparing the financial statements, the PCC is required to- Select suitable accounting policies and then apply them consistently Make judgements and estimates that are reasonable and prudent Follow applicable accounting standards and statements of recommended practi￿, subject to any material departures disclosed and explained in the financial ststements Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will remain in operation Committees The PCC operates through a number of committees, which meet between full meetings of the PCC.. Standing Committee - Consisting of the Vicar, Churchwardens, Parish Treasurer, PCC Secretary and other members of the PCC as elected by the PCC. They have power to transact the business of the PCC be￿een PCC meetings, reporting to the full PCC as appropriate. Finance Committee - Including the Parish Treasurer, the Vicar, and other PCC members as appointed, to ensure adequate skills and representation from both churches. They are responsible for the production of reports, forecasts, and budgets for current and forthcoming years. St Albans Committee - Responsible for matters relating to Church Mission, worship, work with children and young people, finance and church fabric for their respective churches and halls, working together as partners to meet the needs of the Parish. Page 2 Cowley St John Parochial Church Council Trustees, Annual Report for the year ended 31 December 2024 structure, Governance and Management (continued) Ordained and Licensed Ministry in the Parish During 2024 the Parish Ministry Team consisted of (1) The Vicar (from September 2024)" The curate, Revd David Gimson. (2) Sabina Alkire, Susannah Reide, and Rob Gilbert are all associate priests- none licensed to the parish. (3) Pam Daniel is a retired priest with permission to officiate. The ministry of this team is complemented by the involvement of a number of other ordained and lay parishioners. Risk Management The PCC is actively looking at the risks faced by the church and is putting in place measures aimed at managing those risks (especially financial and fabric matters)- Objectives and Activities The objectives of the PCC are defined by the Parochial Church Council {Powers> Measure {1956} as "to co- operate with the minister in promoting in the parish the whole mission of the Church, pastoral. evangelistic, social, and ecumenical.- At Cowley g& John Parish. we arÈ e211od to offer worship that is worthy of the living God. Together, in prayer and worship, we seek lo grow in our underst2nding of God. allowing His love and purpose to shape our lives. Rooted in tradition yet open to the movement of the Holy Spirit, we long to be a community that reflects God's grace, mercy, and justice. In partnership with fellow Christians, we embraGe a vision that extends beyond our walls-thinking globally, acting locallytr and striving to bring the lig ht of Christ Into our neighbourhoods and the world. Through service, hospitality, and a deep commitment to Word and Sacrament, we dedicate ourselves to the work of God's Kingdom, sharing His love in all we do. The parish relies on voluntary work in every aspect of its life and service, and the PCC recognises the incalculable value of this_ The Sunday Eucharists at SMJ and SA are at the heart of our Parish life. These depend on the ministry of a team of people. The directors of music at SMJ are Lawrence Tao and Alex Tester. At SA, the oo-ordinator is Mrs Susanna Gimson. We have a thriving choir and music ministry with several paid music scholars. The Parish makes provision for children of different ages through (1} "Children's corner. facilities in both churches,. (2) a monthly Sunday school at St Alban's during the Sunday Eucharist, a Laudate family friendly service at St Albans and a regular Sunday school at St Mary & St John's Church. We are hoping to do more in 2025. A parish safeguarding policy is in place. Our Safeguarding Officer is Dr Lorna Robinson. There are 24 church members that have been fully checked through the Disclosure and Barring Service. In both churches of the parish contact numbers are displayed for whom to approach on a parish or Diocese level if you have concerns. Page 3 Cowley St John Parochial Church Council Trustees, Annual Report for the year ended 31 December 2024 Objectives and Activities {continued) Ss Mary & John's Primary School" The school has two classes in each year group Mthr Martha led weekly assemblies and we have at least Iwo big Festivals celebrated in church. Mthr Martha also serves as a school governor. St Frideswide Primary School: Mthr Martha leads regular worship assemblies at St Mary and St John Church and at the school. Communion at home is offered to the housebound by clergy The Richard Benson Hall has been rented out to Oxford Mutual Aid food bank for the whole year and this situation is likely to continue. They distribute around 800 food and other ne￿ssItieS packs each month. Mission and Outreach Initiatives". Churchyard social and reflective events in the churchyard. A monthly programme for community participation arranged by the Friends of the Churchyard committee. Interfaith: We continue to value our friendships with the different religious communities in this part of the city. Community use of buildings- Huge thanks to Rodney Burr who has overseen the management and maintenance of the halls and premises during the year. Parish Churchyard: Maintaining the churchyard as a quiet green space requires considerable management 2nd pr2ctlC21 work throughout thÈ year. Wo 2re gr2t@ful for the volunteers who help in this task and particularly to Ruth Ashcroft and Janet Mccrae foi the time and energy spent on co-ordination and care. Partnership with other Christians". As well as through the life of the Deanery, this is especially manifest through East Oxford Churches working together and the use of SA by the Serbian Orthodox Church. Page 4 Cowley St John Parochial Church Council Trustees, Annual Report for the year ended 31 December 2024 Financial Review The financial position is monitored by the PCC through regular reports from the Treasurer on our financial position. The overall income of the charity has increased to £226,216 compared with £196,640 last year. Total expenditure increased to £200,755 compared with £177,141 last year. The increase in income derives from a generous legacy from Philip Clayton plus a number of multi-year grants which arrived in the final quarter following a fundraising campaign by the incoming Vicar. Ee are once again running at a deficit on the unrestricted funds, mainly due to very high repair costs for the church and the turnover costs associated with two of the Magdalen Road flats. In January 2025 a generous grant of £90,000 was awarded from the Diocesan Development Fund to support and expand our ministry and mission for children, young people and families. The net gain of the charity before investment gainsllosses is £24,685 compared with a net gain of £19,499 last year. The net loss on unrestricted funds needed for running costs was 15,466 as compared to a larger loss of 68,38712St year. We recogise that we have a structural net loss on our running costs and that since 2021 our unrestricted funds have declined from 71,784 to 39,710. This imbalance on unrestricted funds is an issue very common to parishes everywhere buc with Gods help, this is our burden to address. We are all eneigised and inspired by all those who have worked hard to promote the mission, the profile and the income of the parish. through outreach events, giving, fund-raising events, and careful stewardship. Especial thanks also to all those who help count and bank the collection and the magnificent efforts of the Valued te2m who manage the Magdalen road flats. On behalf of the PCC Martha Grace Weatherill Vicar Richard Dunkerley Treasurer 2025 Page 5 Independent Examinerfs Report to the members of the PCC of Cowley St. John I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2024 which are set out on pages 7 to 19. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'the Act.). I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in Carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5}{bl of the Act. Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to be5ieve that in any materi21 respect.. accounting records were not kept in respect of the charity a5 required by section 130 of the Act- or the aGcounts do not accord WTth those reGords" or the accounts do notcomply with the applicable requirements concerning the form and content of2ccounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. I have no GonGerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mr Ajay Bahl BA {Hons) BFP FCA Wenn Townsend 30 St Giles Oxford . 2025 Page 6 nrn 4 JOIJJ ) J OO rD G> (J) u* 11 o min iou N) (0 tk) crj N) 00 (￿￿0 (O N) I ¢J>o £L Expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for goods or services. All costs have been directly attributed to the various categories within the SOFA. (b) As the church is not registered for VAT, all expenditure is shown inclusive of VAT. Page 9 Cowley St John Parochial Church Council Notes to the Accounts (continued) for the year ended 31 December 2024 Accounting policies (continued) enditure (continued) {c) Grants and charitable giving are accounted for when paid over or when awarded, if the award creates a binding obligation on the church, provided that there are no conditions to be met relating to the grant which remain in the control of the church. (d) Parish Share is accounted for when paid eX￿pt that any Parish Share unpaid at the end of the financial year is provided for in the accounts as a constructive obligation, and is included in the balance sheet as a liability- (e) Sh2re of Parochi25 Church Council (Trustees) Administrat'on expenses included in this statement, represent 70 % of the total annual Trustees, administrats-on expenses, the remaining 30 % is charged to St Alban Church {the other Parish church). Fixed assets (3) Congecr3ted12nd 2nd buildings 2nd movable church furnishings are heritage assets and inalienable rope￿. In accord2nce with accounting standards and Charities SORP 2015, assets acquired in Drior Doriodg, which h2ve not been capitalised previously have not been revalued and are therefore not included in these accounts. Other fixtures and fittings Equipment used within the church premises is depreciated on a straight-line basis over 5 years. Page 10 Cowley St John Parochial Church Council Notes to the Accounts (continued) for the year ended 31 December 2024 Analysis of income- 2024 General funds Designated funds Restricted funds Total 2024 Donations and legacies Recurring income.. Tax-efficient planned giving (excl tax) Collections of loose cash at services Gift Aid donations Other individual donations Tax recovered 25,241 25,241 5,022 312 4,340 8,664 85 13.500 142 5,163 312 11,239 8,664 85 13,500 6,998 Missionary boxes and other LegaGies and bequest 57,164 7,040 64,204 Non-re¢urring income: Giants received 35,000 35,000 57,164 42,040 99,204 Other trading activities Fees - weddings, funerals etc Church and hall rents 4,960 200 29.461 5,160 29,658 182 4,960 29,661 182 36,803 Income from investments Rental income from 14 Magdalen Road investment Other interest Eden Tree Investment 89,212 89,212 634 2,363 634 2,363 2,998 89,212 92,210 Total Income 65,122 118,873 42,222 226,216 Page 11 Cowley St John Parochial Church Council Notes to the Accounts (continued) for the year ended 31 December 2024 Analysis of income- 2023 General funds Designated funds Restricted funds Total 2023 Donations and legacies Recurring income: Tax-efficient planned giving (excl tax) Collections of loose cash at services 33,376 33,376 5,797 1.077 3,075 3,086 94 5,797 1,077 13,075 5,586 94 Gift Aid don2tiong Other individual donations Tax recovered Mi55ionary tsoAes and other Legacies and bequests 10,000 2,500 46,505 12,500 59,005 Non-ieGuriing inGofflc. Grants received Other trading activities Fundraising events Fees- weddings, funerals etc Church and hall rents 100 6.598 492 764 864 6,598 34,866 33,602 772 7,190 33,602 1,536 42,328 Income from investments Rental income from 14 Magdalen Road investment Other interest Eden Tree Investment 94,809 94,809 498 498 498 94,809 95,307 Total Income 54.193 128,411 14,036 196,640 Page 12 Cowley St John Parochial Church Council Notes to the Accounts (continued} for the year ended 31 December 2024 Analysis of expenditure - 2024 General Designated Restricted funds funds funds Total 2024 Investment property management costs (excl wages) Investment properties repairs, maintenance and running costs Property management and legal fees Investment properties insurance premium 18,954 11,874 3,194 18,954 11,874 3,194 Total expenditure on raising funds 34,022 34,022 Expenditure on charitable activities Parish share Clergy expenses including housing Oroanist salary and olhÉr mugie exp@ngÉs Ingur2nc& Dromium 53,849 1,140 8.128 7,342 3,162 26,188 37,795 53,849 1,140 8,948 7,342 3,237 27,079 37,555 820 garvieolgltsr cogtg Churcn and hall running costs Church, hall & St Alban's repairs and maintenance Sundry 75 1,208 (240) Charitable donations Outreach programmes Churchyard fijnd 1.g02 45 1,902 1,070 637 1,025 637 153.541 968 2,571 157,081 Governance costs Independent examination fee Other governance costs 2,220 2,220 2,220 2,220 Other expenditure Wages Other staff costs Printing, postage and stationery Janitorial Bank fees 9,145 9,652 18,797 2,625 15 2,640 11,770 9,652 15 21,437 Total expenditure on charitable activities 152,045 46,138 2,571 200,755 Page 13 Cowley St John Parochial Church Council Notes to the Accounts (continued) for the year ended 31 December 2024 Analysis of expenditure - 2023 General Designated Restricted funds funds funds Total 2023 Expenditure on raising funds Gift Aid envelopes Other fundraising costs Investment property management costs Investment properties repairs, maintenance and running cog Propety management and legal fees Investment properties insurance premium 15,200 8,331 2,964 15,200 8,331 2.964 Toial ¢xp¢ndltur¢ on raising funds 26,495 26,495 Ixpenaiiuie on InaiitaDie aGti¥itie5 rarisn snare Clergy expenses Organist salary and other music expenses Insurance premium Servicelalter costs Church and hall running costs Church, hall & St Alban's repairs and maintenance Sundry Charitable donations Outreach programmes Churchyard fund 0,369 59 9.338 9.810 4,226 14,258 18,457 1,150 1,752 50,389 8,059 9,338 9,810 4,226 14,258 23,844 1,150 1,752 2,078 8,000 5,387 2,078 109,439 8,000 7,465 124,904 Governance costs Independent examination fee other governance costs 3,668 274 3,668 274 3.942 3,942 Other expenditure Wages Other staff costs Printing. postage and stationery Janitorial Bank fees 8,722 9,652 18,374 2,606 820 2,606 820 12,148 9,652 21,800 Total expenditure on charitable activities 125,529 44,147 7,465 177,141 Page 14 Cowley St John Parochial Church Council Notes to the Accounts (continued) for the year ended 31 December 2024 Wages and salaries The wages and salaries costs comprise:_ 2024 2023 Wages 18,797 18,374 18,797 18,374 The average number of employees (full time equivalent) during the year was'.- No employee during the above years earned more than £60,000. No trustees received remuneration or reimbursement of expenses in the current or preceding year. No paid staff. including volunteers are PCC members. No PCC members claimed expenses although *h6y would ÉntitlÉd to e12im tr2voI eogtg for 2ttÉnding meetings. The members of the clergy who are ex officio members do receive stipends, which are paid directly by the Diocese to them. The key management personnel are the members and the administrator. Page 15 Cowley St John Parochial Church Council Notes to the Accounts (continued) for the year ended 31 December 2024 Investment assets - 2024 General Designated Restricted funds funds funds Total 2024 Freehold properties Market value at 1 January 2024 Revaluation Other Investments Market Value at 1 January 2024 Market value gainsl(losses) 1,500,000 1,500,000 1,550 (777) 50,000 51,550 {777) Market value at 31 December 2024 773 1.550,000 1,550,773 Investment assets - 2023 Gèneral Designated Restricted funds funds funds Total 2022 Fitsohold DfoDQrtioo M2fKQI U2IU@ 211 J2nu3ry 2023 1,500,000 1,500,000 Revaluation other Investments Market Value at 1 January 2023 Market value gainslllosses) <1,399) 2.949 50.000 48,601 2,949 Market value at 31 De￿mber 2023 1,550 1,550,000 1,551,550 At the year end the investment propety was revalued by the charity to marl(et value. Market value is based on the investment yield and value obtained for similar properties in the area. The propety's historical cost is £875.000. Fixed assets Fixtures & fjttings Total Cost At 1 January 2024 Additions 15,599 15,599 At 31 De￿mber 2024 15,599 15,599 Depreciation At 1 January 2024 Charge in year 13,124 990 13,124 990 At 31 De￿rnber 2024 14,114 11,114 Net book value At 31 December 2024 1,485 1,485 At 31 December 2023 2,475 2,475 Page 16 Cowley St John Parochial Church Council Notes to the Accounts (continued) for the year ended 31 December 2024 Debtors and prepayments - 2024 General Designated funds funds Restricted funds Total 2024 Accrued income tax (Gift Aid) due Trade debtors Other debtors- accrued income 5,832 10,628 15,644 5,832 10,628 15,644 32,103 32,103 Debtors and prepayments - 2023 General Designated funds funds Restricted funds Total 2022 Accrued income tax (Grft Aid) due Trade debtors 4,832 1,961 7.740 4,832 1,961 7,740 Other debtors - accrued income 14,553 14,553 rFditgr¥ aGcruals - 2024 ¢n¢ro1 funds D¢signat¢d funds RestriGted funds Total 2024 Accruals (repair costs) Trade accruals HMRC PAYE credttor 6,000 6,382 714 6,000 6,382 714 13.096 13,096 Creditors and accruals - 2023 General Designated funds funds Restricted funds Total 2023 Accruals Trade creditors Other creditors 6,900 6,900 652 652 7,552 7,552 Page 17 Cowley St John Parochial Church Council Notes to the Accounts (continued) for the year ended 31 December 2024 10. Restricted funds - 2024 Fund balances brought forward Fund balances carried fO￿ard Revaluation Itransfer Income Expenditure Bartlemas Chapel st Alban's WalllDevelopment fund Churchyard fund A Place to be Alice's Tea Paty SS M2ry & St John Church funds st Alban Church funds SMJ Reordering Dance of Universal Peac 15,604 1,404 2,916 2,361 665 5,182 17,113 66.265 200 2.424 190 17,838 1,404 3,048 2,361 768 {637) 60 {725) 5,182 21,143 66,265 200 5.280 20,000 1,000 7.700 4,030 r￿?￿rn -Q.k.l. G.000 20.000 1,000 8.000 (720) ion éry Oorio FiÈld Benef3ct Trust (300) 111,710 42.222 60 (2,571> 151,420 Restricted Funds - 2023 Fund balances brought forward Fund balances carried forward Revaluation Itransfer Income Expenditure Bartlemas Chapel St Alban's WalllDevelopment fund Churchyard fund A Place to be Alice's Tea Party SS Mary & St John Church funds St Alban Church funds SMJ Reordering Dance of Universal Peace 14,832 1,404 3,719 2,361 1,176 5,182 10.000 66,265 200 772 15,604 1,404 2,916 2,361 665 5,182 17,113 66,265 200 699 (1,502) 65 (576) 12.500 (5,387) 105,139 14,036 (7.4651 111,710 Page 18 Cowley St John Parochial Church Council Notes to the Accounts (continued) for the year ended 31 December 2024 11. Designated fund - 2024 Fund balances brought forward Fund balances carried forward Revaluation Itransfer Income Expenditure Investments properties Inv. properties- repair fund Curate H#15 fo•nt21 SMJ Reordering Legacies & Bequests 1,497,821 6,491 23,242 89.212 {53,637) (35,575) 1,500,000 6,491 23,242 2g.461 200 {18.658) (10,803) (240) 5,013 500 5,453 500 1,533,068 118,873 (72,295) (46,138) 1,533,508 ttrd - 2023 Fund balances brought forward Fund balances carried forward Revaluation Itransfer Income Expenditure Investments properties Inv. properties - repair fund Curate Hall Rental SMJ Reordering Legacies & Bequests 1,500,000 6,491 23.242 94,809 (70,493) (26,495) 1,497,821 6,491 23,242 8,000 (23,950) (8,000) (9,652) 33,602 5,013 500 5,013 500 1,535,247 128,411 (86,443) (44,147) 1.533.068 Page 19 Cowley St John Parochial Church Council Note 12: COWLEY ST JOHN Management Accounts 2019 to 2024 CSJ Mana ement Accounts 2019 2020 2021 2022 2023 2024 Income Bank interest Fees Fundraisin Gift Aid donations Grants Hire of remises Investment income Le acies and be uests Chari collections Other donations Education Worker 554 2,479 4,202 17 634 3,729 1,030 2,519 5,622 613 920 2,337 24,950 73,739 3,523 5,032 6,598 864 1,077 5,160 events 2.518 16,897 16.862 75,613 1,500 6,212 33,283 81,363 11,000 308 1,279 312 35,000 29,643 91,575 13,500 85 11,239 48,438 76.751 34,866 95,307 673 3,577 100 2,409 94 516 13,075 Outreach Planned ro ivin rams 4.906 26,469 7.601 3,334 30,576 1,979 1,096 29,424 3.032 597 26,812 3,547 33,376 5,797 25,241 5,163 Plate Refunds and insurance claim TdA ICGovcica Income Total Ex enses Administiation su ort Altar ana serviGe G05tS Bank fees Charitable donations & Churches insurance Church ard Cler Cler housin Fundraisin costs insurance airs & maintenance ement fees lQ,400 186,703 0,018 165.788 f.ooz 152,851 6,1TZ 177,105 5,560 196,640 8,664 226,216 31.454 3,644 27,776 1.946 19,460 1.017 30 18,605 1,718 18,374 4,227 18,797 3,237 rants 1,152 10.502 251 1,587 9,238 1,606 8.681 569 6,312 1,751 9,810 1,902 7,342 637 140 1,000 ex enses 162 800 8,223 191 14.322 195 160 14,213 59 8,000 costs 763 Inv ro 1,975 21,156 6.146 754 5,621 4,222 60.516 4,916 4.734 28,178 795 15,861 2.130 206,576 1,982 9,279 5.991 705 7,606 1,424 62.417 3,550 17,163 71,089 147 3,674 11,362 6.000 663 7,507 981 62,469 3,008 13,934 33,910 1,268 14,363 2,872 203,588 2,964 15,200 8,331 820 3,194 18,954 11,874 913 Inv ro re 48,355 6.044 3.028 7,401 5,109 57.513 6.556 8.720 19.410 1,514 18,418 2,130 232.126 Inv ro mana Janitorial Or anist fees & other music costs Outreach Parish share PPS, tele hone & internet Professional fees Re air & maintenance Sundr utilities reciation 9,338 2,078 50,389 2,606 3,942 22,854 1,150 14,258 990 177,141 8,948 1,415 53,849 5,581 5,377 43,555 803 12,247 990 200,755 ro rammes 8,508 2,872 238,235 ense Total Surplusl(deficit) before gain on investments 4S,423 40,788 85,384 26,483 19,499 Page 20