#
##
##
##
##
||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|
##
##
##