2023-12-31-accounts

	Page
Trustees' Report	1	−7
Treasurer's Report		8
Independent Examiner's Report		9
Principal Accounting Policies	10−11
Statement of Financial Activities		12
Balance sheet		13
Notes to the Accounts	14−19

CC members who served	from 1 January 2023 until the date this	report was approved
Position	Name	Note
Incumbent	Reverend Canon Beverley Hollins
Curate	Reverend Evie McNally
Assistant Priest	Reverend Canon Michael Webber
Churchwardens	Joy Matsell
	Phil Norris
LLM representative	Sue Pinington	Until 21 May 2023
Representatives of the	Lorraine Bewley−Tippler
Deanery Synod	John Fazackerley
	Peter Halstead	Until 21 May 2023
	Clare Pearce*
	Sue Pinington	From 21 May 2023
	Hilary Spenceley*
Elected members	Tessa Cave
	Brian Chapman
	Emma Cooper
	Peter Halstead	From 21 May 2023
	Mike Hicks
	Honor Pacey
	Josephine Peach	From 21 May 2023
	Rosemary Pestell
	Robbie Walker
	Ros Watt
	Wendy Wheeler
Co−opted members	John Hunt
	Lucianna Pacey	Until 21 May 2023
	Levinia Williams	From 19 June 2023

Other fixed assets are includ	ed at cost an
Church Hall	50 years
Organ	15 years
Equipment	5 years
Audio Visual equipment	10 years

Statement of Financial Activities for t	he year ende	d 31st Dece	mber 2023 (f)
											Endowment
		Unrestricted Funds					Restricted Funds				Fund	Total
			Designated						Ekins
		General	Fixed asset	Legacy		Fabric	Charitable	Other	Grant	Rector's	Moore
		Fund	fund		fund	fund	giving	funds	Fund	Fund	Bequest	2023	2022
	Note		8a		8b	8c	8d	8e	8f	8g	8h
INCOME
Voluntary income	1	108,352	−		−	3,607	12,124	1,052	−	−	−	125,135	115,330 1
Other income	1	23,027	−		−	1,858	−	−	−	−	−	24,885	21,765 1
Investment income	1	3,096	−		−	−	−	−	−	1,679	−	4,775	5,651 1
TOTAL		134,475	−		−	5,465	12,124	1,052	−	1,679	−	154,795	142,745
EXPENDITURE
Ministry	2	107,126	610		−	−	−	−	−	1,784	−	109,520	109,282 1
Worship	2	12,602	3,983		−	−	−	−	−	−	−	16,585	13,667 1
Mission	2	−	−		−	−	12,124	−	853	−	−	12,977	14,540 1
Fabric	2	30,135	3,000		−	−	−	1,052	−	−	−	34,187	47,808 I
•TOTAL		149,863	7,593		−	−	12,124	1,052	853	1,784	−	173,269	185,297
Investment gains/(losses)		4,915	−	9,443		7	−	−	−	−	3,666	18,024	(29,987)1
NET INCOME (EXPENDITURE)		(10,473)	(7,593)	9,443		5,465	−	−	(853)	(105)	3,666	(450)	(72,539)1
Transfers	8	900	−		−	−	−	−	(900)	−	−	−	−I
Balances brought forward		26,639	125,885	87,514		6,623	−	516	2,442	9,503	51,149	310,271	382,810 I
BALANCES CARRIED FORWARD		17,066	118,292	96,957		12,088	−	516	689	9,398	54,815	309,821	310,271

	Note	2023	2022
PROPERTY, PLANT & EQUIPMENT	5	118,292		125,885
CURRENT ASSETS
Debtors and prepayments	6	7,373	7,480
Cash at Bank		22,015	3,347
Central Board of Finance Investments
Deposit accounts		19,684	19,086
Global Equity Income Fund		95,502	116,438
Fixed Interest Accounts		28,434	26,930
Investment accounts		31,937	29,480
		204,945	202,761
Creditors	7	(13,416)	(18,375)
Net Current Assets		191,529		184,386
TOTAL ASSETS		309,821		310,271
REPRESENTED BY:
General Fund		17,066		26,639
Designated fixed asset fund	8a	118,292		125,885
Designated Legacy Fund	8b	96,957		87,514
Fabric Fund	8c	12,088		6,623
Charitable giving	8d	−
Other funds	8e	516		516
Ekins Grant Fund	8f	689		2,442
Rector's Fund	8g	9,398		9,503
Endowment Fund −Moore Bequest	8h	54,815		51,149
TOTAL FUNDS		309,821		310,271

Notes to the Accounts for the year ended 31st De	cember2
1 DETAILS OF INCOME		Designated
	General	Fixed Assets	Designated	Restricted	Charitable	Restricted	Ekins Grant	Rector's	Moore
	Fund	Fund	Legacy Fund	Fabric Fund	giving	other funds	Fund	Fund	Bequest	2023	2022
	E	E	E	E	f	f	E	E	E	E	E
Voluntary income
Pledged Giving	75,239	−	−	−	−		−	−	−	75,239	73,257
Gift aid	20,314	−	−	304	1,390	118	−	−	−	22,126	20,818
Cash & card machine collections	4,911	−	−	−	−		−	−		4,911	4,411
From Friends of St. Peters	−	−	−	3,303	−		−			3,303	4,771
Legacies & donations	7,888			−	10,734	934		−	−	19,556	12,073
Total	108,352	−	−	3,607	12,124	1,052	−	−	−	125,135	115,330
Other income
Fees from Weddings & Funerals	7,909	−	−	−	−	−		−	−	7,909	4,517
Grants received	375	−	−	1,858	−	−		−	−	2,233	540
Rental income	13,360	−		−	−	−	−	−		13,360	13,155
Other	1,383		−	−	−	−		−	−	1,383	3,553
Cornerstone income (note 3a)						_
Total	23,027		−	1,858	−	−		−	−	24,885	21,765
Investment income
Income from Moore Bequest	−	−	−	−	−	−	−	1,679	−	1,679	1,500
Income from investments	3,096	−	−	−	−	−			−	3,096	4,151
Total	3,096	−	−	−	−	−	−	1,679	−	4,775	5,651
• 2022 comparatives	r	f	f	f		f	f	f	f	f
Voluntary income
Pledged Giving	73,257	−	−	−	−	−	−	−	−	73,257
Gift aid	18,062	−	−	721	2,035		−	−	−	20,818
Cash & card machine collections	4,411	−	−	−	−	−	−	−	−	4,411
From Friends 01St. Peter's	−	−	−	4,771	−	−	−	−	−	4,771
Legacies & donations	901		−	−	11,172		−	−	−	12,073
Total	96,631	−	−	5,492	13,207	−	−	−	−	115,330
Other Income
Fees from Weddings & Funerals	4,517	−	−	−	−	−	−	−	−	4,517
Grants received	380	−	−	160	−	−		−	−	540
Rental income	13,155	−		−	−	−	−	−	−	13,155
Other	3,553	−	−	−	−	−	−	−	−	3,553
Cornerstone income (note 3a)
Total	21,605	−	−	160	−	−	−	−	−	21,765
Investment Income
Income from Moore Bequest	−	−	−	−	−	−	−	1,500	−	1,500
Income from investments	4,007	−	−	−		−	−	144	−	4,151
Total	4,007	−	−	−	−	−	−	,1 644	−	5,651

Notes to the Accounts for the year ended 31st Decembe 2 DETAILS OF EXPENDITURE	r 2023
		Designated
	General	Fixed Assets	Designated	Restricted	Charitable		Restricted	Ekins Grant	Rector's	Moore
	Fund	Fund	Legacy Fund	Fabric Fund	giving		other funds	Fund	Fund	Bequest	2023	2022
	£	£	£	£			£	£	E	£	£	E
Ministry
Parish Share	90,610		−			−	−		−		90,610	90,610
Clergy, Intern & Readers expenses etc	3,908			−		−	−	−		−	3,908	4,449
Parish office
Stationery & telephone & IT	2,655	−	−	−		−	−	−	726	−	3,381	2,916
Salary & pension contributions	8,032	−	−	−		−	−	−	−	−	8,032	7,541
Equipment depreciation	−	610	−	−.		−	−	−	−	−	610	613
IT enhancement
Other Expenses										−
Cornerstone expenditure (note 2a)	−	−	−	−		−	−	−	−	−		80
Miscellaneous	1,921			−		−	−	−	1,058	−	2,979	3,073
Total	107,126	610	−	−		−	−	−	1,784	−	109,520	109,282
Worship
Director of Music, Organists & Assistants	10,208	−	−	−		−	−	−	−	−	10,208	9,130
Organ depreciation
Organ maintenance
Music & sundry choir expenses	600	−	−	−		−	−	−	−	−	600	507
Copyright fees	783	−	−	−		−	−	−	−	−	783	1,113
Altar & flowers	754	.	−	−		.	−	−	−	−	754	695
Church Wi−Fi	257		−	−		−	−		−		257	230
AV equipment depreciation	−	3,983	−	−		−	−		−	−	3,983	1,991
Total	12,602	3,983	−	−		−	−	−	−	−	16,585	13,667
Mission
Charitable giving	−	−	−	−	12,	124	−	−	−	−	12,124	13,207
Work with Children & Families
Salaries & honoraria
Resources	−	−	−	−		−	−	853		−	853	1,333
Total	−	−	−	−	12,124		−	853	−	−	12,977	14,540
Fabric
Church
Heat, light & insurance	7,646	−	−	−		_		−	−		7,646	4,761
Repairs & maintenance	2,274	−	−			−	1,052	−	−		3,326	7,899
Church Hall
Running costs (note 2b)	20,215					−	−	−	−	−	20,215	32,149
Depreciation	−	3,000	−	−		−		−	−	−	3,000	3,000
Total	30,135	3,000	−	−		−	1,052	−	−	−	34,187	47,808

2 DETAILS OF EXPENDITURE (continued) 2022 comparatives
		Designated
	General	Fixed Assets	Designated	Restricted	Charitable	Restricted	Ekins Grant	Rector's	Moore
	Fund	Fund	Legacy Fund	Fabric Fund	giving	other funds	Fund	Fund	Bequest	Total
	f	f	f	f	f	f	f	f	f	f
Ministry
Parish Share	90,610	−	−		−	−	−	−	−	90,610
Clergy, Intern & Readers expenses etc	4,299	−	−	−	−	−	−	150	−	4,449
Parish office
Stationery & telephone & IT	2,190	−	−	−	−	−	−	726	−	2,916
Salary & pension contributions	7,541	−	−	−	−	−	−	−	−	7,541
Equipment depreciation	−	613	−	−	−	−	−	−	−	613
IT enhancement	−	−	−	−	___	_−__	i		−	−
Other Expenses									−
Cornerstone expenditure (note 20)	80	−	−		−			−	−	80
Miscellaneous	1,730	−	−	−	−	−	−	1,343	−	3,073
Total	106,450	613	−	−	−		−	2,219	−	109,282
Worship
Director o f Music, Organists & Assistants	9,130	−	−	−	−	−			−	9,130
Organ depreciation
Organ maintenance
Music & sundry choir expenses	507	−	−		−	−	−		−	507
Copyright fees	1,113	−		−	−	−	−	−		1,113
Altar &flowers	695	−	−	−	−		−	−	−	695
Church Wi−Fi	230	−	−	−	−	−	−	−	−	230
AV equipment depreciation	−	1,991	−	−		−	−	−	−	1,991
Total	11,676	1,991	−	−		−	−	−	−	13,667
Mission
Charitable giving	−	−	−	−	13,207	−	−	−	−	13,207
Work with Children & Families
Salaries & honoraria
Resources	−	−	−	−	−	−	1,333	−	−	1,333
Total	−		−	−	13,207	−	1,333	−	−	14,540
		.
Fabric
Church
Heat, light & insurance	4,761		−	−	−	−	−			4,761
Repairs & maintenance	3,174	−	−	4,724	−		−	−		7,899
Church Hall	−	−	−	−	−	−	−		.	−
Running costs (note 2b)	32,149	−	−	−	−	−	−	−	−	32,149
Depreciation	−	3,000	−	−	−	−	−	−	−	3,000
Total	40,084	3,000	−	4,724	−		−	−		47,808

Parochial Church Council of St. Peter's Weston Faye!!	Parochial Church Council of St. Peter's Weston Faye!!	Parochial Church Council of St. Peter's Weston Faye!!	Parochial Church Council of St. Peter's Weston Faye!!
**Notes to the Accountsfor theyear ended 31st December **				2023
**2 **	DETAILS OF EXPENDITURE (continued)		•
**a **	Cornerstone			2023	2022
	Income	Sales
		Advertising
	Expenditure	Printing, postage etc			80
	Surplus / (Deficit)				(80)
b	**Church Hall Running **	Costs		2023	2022
	Light, heat, water & insurance			4,743	3,475
	Administration			1,300	1,200
	Cleaning and care, repairs & maintenance			14,172	27,474
				20,215	32,149
**3 **	STAFF COSTS
				2023	2022
				£
	Wages and salaries			14,224	13,514
	Pension costs			286	227
				14,510	13,741

PROPERTY, PLANT AND EQUIPMENT
	Church Hall	Organ	Equipment	AV Equipment	Total
Cost
At beginning of year	161,455	14,726	3,054	39,826	219,061
Additions
	−			−
Disposals
At end of year	161,455	14,726	3,054	39,826	219,061
Depreciation
At beginning of year	75,000	14,726	1,459	1,991	93,177
Charged in year	3,000		610	3,983	7,592
Disposals	−			−	0
At end of year	78,000	14,726	2,069	5,974	100,769
Carrying value
At end of year	83,455	0	985	33,852	118,292
At beginning of year	86,455	0	1,595	37,835	125,885

**6 **	DEBTORS	2023	2022
	Tax reclaims	1,381	2,470
	Rental income receivable	880	1,191
	Prepayments & accrued income	5,112	3,818
		7,373	7,480
**7 **	CREDITORS	2023	2022
			E
	Accruals & deferred income	6,458	11,578
	Income received in advance
	Choir fees & donations Fund unspent	4,797	4,509
	Mothers Union Fund	134
	Charity balances	2,027	2,288
		13,416	18,375

Analysis of funds
	Property,
	plant &	Current	Current
	equipment	assets	liabilities	Net funds
	E	E	E	E
General Fund		28,455	(11,389)	17,066
Designated fixed asset fund	118,292	−		118,292
Designated Legacy Fund		96,957		96,957
Fabric Fund		12,088		12,088
Charitable giving		2,027	(2,027)
Other funds		516		516
Ekins Grant Fund		689		689
Rector's Fund		9,398		9,398
Endowment Fund −Moore Bequest	−	54,815		54,815
	118,292	204,945	(13,416)	309,821

		2023	2023
Christian Aid	Spring Lunch	1,321
	Wednesday 10am Service	158	1,479
Child rens Society	Christingle	37
	Collection	63	100
Renewable World	Lent Lunch		1,350
Northampton Contact Centre	Lent Lunch		1,220
Ukraine Medical Express	Lent Lunch		1,617
Christian Against Poverty−Training for St Andrews
Church Wellingborough	Lent Lunch		881
Barnabas Aid	Lent Lunch		967
MIND	Lent Appeal		1,074
Christians Against Poverty	Confirmation Service Collection		208
Foodbank	Harvest Appeal		539
A Rocha	Autumn Lunch		810
NAAS H	Christmas Appeal		652
Baby Basics	Christmas Appeal		652
Transform Trade	Traidcraft profits		575
	Total		12,124
		2022	2022
		E	E
Christian Aid	Spring Appeal	1,896
	Wednesday 10am Service	219	2,115
Brain Tumour Trust	Lent Lunch		1,021
DEC Ukraine Appeal	Lent Lunch		2,766
Hope Centre	Lent Lunch		784
Breast Friends Northamptonshire	Lent Lunch		782
Bedford MS Therapy Centre	Lent Lunch		1,204
John Greenwood Shipman Centre	Lent Appeal		1,345
Weston FayeII Centre Foodbank	Harvest Appeal		402
The International Tree Foundation	Autumn Lunch & Appeal		1,326
NAASH	Christmas Appeal		731
East Park Hostel for the Homeless	Christmas Appeal		731
	Total		13,207

Other funds
	f	U l Ill
	brought		Incoming			Fund carried
	forward		resources	Resources used	Transfers	forward
		£	£	£	£	£
War memorial fund		516		−	−	516
Repairs to Chime Mechanism		−	752	(752)
Home Communion set			300	(300)
Total		516	1,052	(1,052)		516