2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Cobham In The Diocese Of Guildford

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REFERENCE AND ADMINISTRATIVE DETAILS	2
STRUCTURE, GOVERNANCE ANDIT'IANAGEMENT	..3
OBJECTIVES AND ACTIVITIES	3
ACHIEVEMENTSANDPERFORMANCE	3
FINANCIAL REVIEW	4
RESERVES POLICY	4
STATEMENT OF FINANCIAL ACTIVITIESFOR THE	YEARTO
31sr DECEMBER2022.......	..............s
BALANGE SHEETAsAT31srDEcEMBER2022...	6
NOTESTO THEACCOUNTS- POLICIES	7-8
INCOMING RESOURCES.......	.......9
RESOURCESEXPENDED-OUTWARDGIVING	{0
RESOURCESEXPENDED_OTHER	11
FIXEDASSETS ...	12
DEBTORS,BANKBALANCES,CREDITORS
ANDMOVEMENT OF FUNDS...	13
INDEPENDENT EXAMINERSREPORT	14

For the year ending 31st December2022
		Un-
	restricted		Designated	Restricted	Total	Total
		Funds t	Funds f	Funds €	2022 f	2021 €
	Note
INCOMING RESOURCES
Voluntaryincome	2a	206614		12500	2t9tr4	746422
Activities for generatingfunds	2b	17453		0	L7453	L1.592
lncome from investments	2c	15138	0	0	15138	15198
lncomefromchurchactivities	2d	4821		0	482L	4492
lncome from other sources		0		1000	1000	0
TOTALINCOMING RESOURCES		244026	0	13500	257526	177704
RESOURCES EXPENDED
Fund raising costs Churchactivities	3b 3a	762 215693	7852	9024 0	762 232569	t2z3 218648
Supportcosts	3c	9175		0	9175	6221
TOTALRESOURCES USED		225630	7852	9024	242506	226092
Net incoming/(outgoing)resources		18396	-7852	4476	15020	-48388
Transfersbetween funds	9	205492	-205492		0
Lossagainst31112/2O2lvalueonsale of investments	5b	-889			-889	77095
NET MOVEMENT IN FUNDS		222999	-2L3344	4476	1413r.	28107
Balancesbrought forward		6995L9	265439	878	965936	937229
BALANCES CARRIED FORWARD	s	922618	5209s	5354	980067	965936

		Un-	Designated	Restricted	Total	Total
		Restricted	Funds	Funds	2022	2421
		Funds
	Note	€	f	€	€	€
FIXEDASSETS
TangibleAssets		356496	0	0	356496	356496
Purchaseof57Coveham Crescent	5b	480000	0	0	480000	0
lnvestmentassets	5c	0	0	0	0	36676t
Total fixedasseb		836496	0	0	836496	723257
CURRENT ASSETS
Debtors	6	38612	0	0	38612	!2304
Deposit Account	7	0	0		0	130092
Cashat bank	8	63913	52095	5354	L21362	106012
LESS CURRENT LIABILITIES	9	16401		0	L6401	5797
NET CURRENT ASSETS		86t24	52095	5354	143573	2426rL
NETASSETS		922620	52095	5354	980069	965868
FUNDS
Unrestricted	9	922620			922620	699619
Designated	9		52095		52095	265439
Restricted	I			5354	5354	878
		922620	52095	5354	980069	965936

3	RESOURCES EXPENDED
		Un-
		Restricted	Designated	Restrieted	Total	Total
		Funds f	Funds	Funds t	2022 t	202',
3a	Churchactivities
	Grants
	Mission and relief-
	Garden Route Childrens Trust	2000			2000	2000
	OperationMobilisation -Nepal	2000			2000	2000
	Christians Against Poverty				0	1200
	LeprosyMission lntl	500			500
	Subtotal	4500		0	f-4soo1	5200
	Home Mission-
	St.Andrews School	500			s00	500
	ARochaUK	1000			1000	2000
	subtotal	flsool		0	f-lsool	T--rsool
	Othercharities-
	ElrnbridgeCAN	3000			3000
	CrisisatChristmas	645			645	221
	Leatherhead YouthProject				0	1000
	TransformingLivesforGood	1000			1000	L000
	Cobam Area Foodbank	1000			1000	1000
	Shelterbox				0	1180
	OasisChildcare	3000			3000	2000
	Subtotal	8645	0	0	8645	5401
	carriedforward	1,4545	0	0	74645	14101,
	Collections madefor				2022	2021
	Garden Route ChildrensTrust				223	160
	OperationMobilisation- Nepal				LZ)	150
	Cobham Area Foodbank				50
	TransformingLivesforGood				123
	Oasis				123
	DECUkraine				100
	Total collections				742	320
	Total giving andcollections				15387	1442\|

		Un'
		Restricted	Designated	Restricted	Total	Total
		Funds	Funds	Funds	2022	2021
		€		0	€	e
	broughtfomard	14645	0	0	1464s	1410',
	Church actiYities (cont'd)
	Parishshare	93534			93534	93503
	Salaries	49815		2500	52315	44634
	C,ergyHousing costs	1019			1019	402
	Cleagyand assistant stafl expenses	200			200	435
	Church running expenses including heating	13481		1000	14481-	12259
	Church maintenance & repairs	3154	742A	440	17622	266!
	Altar, choir, seryi.es and music	3442			1842	4075
	Family magazine costs	0			0	354
	CGHrunnin8 expenses includinB heatinE	13108			13108	9'765
	CGHrepairs	6769		37	6800	2451
	Upkeep church yard		675		675	0
	Otherpropertyupkeep inclflat	1950			1950	4740
?	Retreat Costs	326			326	0
	Youth,SAYand Sunday school	4775			4775	4421
	Training incl. Sunday School	1555			1555	1011
		900			900	934
	Ecocommittee	35			35	35
	Upgrade sound system		-300		-300	17777
		4196	49		4245	5052
	Purchasing curates house	1789		5053	644?	0
		215693	7452	goi4	,3156,	,18648
3b	Fund raising costs
	Socialandotherevents	762			762	7223
3c	Supportcosts
	Parishoffice	6608			6608	s083
	lndependent Examiner	588				588
	Bankcharges	692			692	550
	Printing history books	7247			\2A7
		9175	0	0	9175	6227
	TOTALRESOURCES USED	225630	7852	9024	24256	226092
4
	Staff costs (Netof statutorydeductions)	39578	0	2500	42014	35812
	HMRCpayments'	8018			8018	6991
	Nest Pensioncontibutions	2279			2219	1835
		49815	0	2500	52315	44634

5	FIXED ASSETS
		Freehold
		DepnLand &			Equipment	Total
		RateBuildings Oolo €,			e	E
5a	Tangible Assets
	ChurchGateHousecomplex
	ACTUAL/DEEMED COST
	At1stJanuary 2022
	Church Gate House*	Nil	43762			43762
	Church Gate House Centre*+	Nit	312734			312734
	Equipment	loo/o			33416	33416
	Piano	10%			3405	3405
	Computer	25o/o			453	453
	Projector	25o/o			5915	5915
	At 31st December2022		312734		43139	399685
	*"Church GateHouse"refersto theland andbuildingspurchased in January 1964.
	ThecurrentCGHhall hadnotbeenbuiltatthattimebutinitsplacewereoutbuildingsattachedtotheCGHbuilding. **" The Church Gate Housecomplex"refersto thehall andkitchen whichwasbuiltin1998 ln placeof thepreviousoutbuildings.
	DEPRECIATION
	AtlstJanuary2022 i,1t'"lT::X,ber2022				43L89 00 4318e	43189 4318s
	NET BOOK VALUEofCGHComplex
	At1stJanuary 2022		312734		0	356495
	At 31st December2022		312734		0	356496
5b	Purchaseofhouse5TCovehamGrescentMarchz022		480000			480000
5c	lnvestmentAssets		Un-
		Restricted		Designated	Restricted
			Funds	Funds	Funds	Total
	MarketValue		€		s	€
	AtLstJanuary 2022
	CofElnv.Board L5207Fixedlnterest lncomeshares@1.6962		24080			24080
	Schroder Charity Fund 25,L78.62 units@ 10.48		342681,			342681,
			366761	o	0	356761
	Receipt onsaleof investments
	SaleofCofEBoard 15207Fixedlnterest lncomeshares@price13		2L177			2TL77
	Profitl(Loss)onsaleagainst3tI12/2'J-value		-2903			-2903
	SaleofSchrodets 25,178.62 Units@price1369		344695			344595
	Profit/(loss)onsaleagainst3L112/2Lvalue		20t4			2074
	Balances3Ut2/22		0	0	00

		2022	2021
		e	t
6	DEBTORS
	Prepaid managaement fees on CGH flat let	1098	0
	lncomeTax Recoverable	32958	6552
	Other debtors	656	2476
	Prepayments	3900	2776
		38612	12304
7	DEPOSITACCOUNT
	CofElnvestmentBoardof Finance-Deposit Account	s	130160
8	BANKACCOUNTSAND CASH
	Current Account (Natwest Main account)	L74195	98868
	Current Account{Lloydsbank account)	6303	5266
	Current Account-(Natwest) Fellowship&Socjal &cash	0	1081
	Current Account-( Lloyds2020 Natwest 2019)Lunchclub	86	86
	PettyCash& othercash	118	7tt
		121362	10601 2
9	CURRENTLIABILITIES
	Prepaid CGHflatrent	7638	1510
	CGHandchurchLitilities	2372	738
	Churchwebsite development	763	420
	DuetoDiocesefuneral wedding fees	566	946
	Administration parish charge card	q?1	320
	lndependent examiner fee accrual	s88	588
	Reimburse Staff Kids church expenses	t52	584
	CGHprepaid bookings	s35
	Owed to SpiritualCinema	603	603
	Various churchexpenses	1408
	Ag€ncyaccount2021Bagsof Hope balance	337	88
	CGHexpenses	918
		16401	5797