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|Legal and administrative||information||
|Report ofthe Parochial||Church Council||
|Independent
Examiner's||report to the Parochial Church Coundl||
|Statement offinancial|activities|||
|Balance sheet|||IO|
|Notes to the financial statements||||
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|Charity||Name|Name|Parochial
Church
Council|Parochial
Church
Council|ofSt Giles-In-The-Fields|ofSt Giles-In-The-Fields|ofSt Giles-In-The-Fields|ofSt Giles-In-The-Fields|ofSt Giles-In-The-Fields|ofSt Giles-In-The-Fields|ofSt Giles-In-The-Fields|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Principal||Address||ScGiles-in-the-Fields,|60St Giles|||High|||Street,|London|||||
|||||WC2H BLG|||||||||||||
|Charity||Registration||1130800.The PCC was
registered||||||with the||Charity|||||
|||||Commission
in July 2009.|||||||||||||
|Governing|||Document|Parochial Church
Council||Powers|||Measure (1956)as||||||||
|||||amended
and Church|Representation||||||Rules.||||||
|Objectives||||Parochial Church Council of|||St Giles|||in the Fields|||has||||
|||||the responsibility
of cooperating||||with|||the Incumbent||||||
|||||of St Giles,
in promoting||in|the|ec«lesiastical||||parish|||||
|||||the
whole
mission|of||the||church,
pasmral,||||||||
|||||evangelistic,
social and|ecumenical.||||||||||||
|Members||ofthe PCC||PCC members
who served||during|||2022 or were||||||||
|||||serving at the date this|reporc was||||approved|||were:|||||
|Clergy||||The Revd T Sander (Reccor)|||||||||||||
|||||The Revd C Smaling
(Assistant
Priest)|||||||||||||
|Wardens||||Ms C Campbell|||||||||||||
|||||Mr O Flory|||||||||||||
|Deanery|Synod Representative|||Mr Zi Ken Toh|||||||||||||
|Elected members||||Mr H Amos|||||||||||||
|||||Mr W Grundy|||||||||||||
|||||Mr D Jessop|||||||||||||
|||||Mr T Dowse||||||||||Appointed||I Oe April 2022|
|||||Ms L Macdonald|||||||||||||
|||||Mr A Capon||||||||||Appointed||I Oe April 2022|
|||||Dr W James|||||||||||||
|||||Mr R Throw||||||||||Resigned||10'"April 2022|
|Key Management||||Those in charge of planning,|||directing,||||controlling,||running||and operating
the Charity,||
|Personnel||||including
those members of staff who||||||are the||senior management||||personnel
to whom|
|||||the trustees
have delegated|||signigcant||||authority||or|responsibility||in the day-to-day|
|||||running
ofthe charity,|are|the members
ofthe PCC|||||||||||
|Bankers||||The Co-operative
Bank pic|||||||||||||
|||||PO Box 250|||||||||||||
|||||Delf House|||||||||||||
|||||Southway,
Skelmersdale|WN8 6WT||||||||||||
|Independent|||Examiner|R Billinghurst
FCA|||||||||||||
|||||Knox Cropper
LLP|||||||||||||
|||||Chartered
Accountants|||||||||||||
|||||65 Leadenhall
Street|||||||||||||
|||||London
EC3A 2AD|||||||||||||
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||Unrestricted|Restricted||Unrestricted|Restricted||
|---|---|---|---|---|---|---|
||Funds|Funds|Total|Funds|Funds|Total|
|Note|2022|2022|2022|2021|2021|202 I|
|||6|6|||6|
|Income from:
2|||||||
|Donations
and legacies|242,478|6,047|248,525|34,239|8,542|42,781|
|Charitable
activities|450||450|782||782|
|Other trading
activities|51,858||51,858|35,873||35,873|
|Investments|4,860||4,860|4,041||4,041|
|Total Income|299,646|6,047|305,693|74,935|8,542|83,477|
|Expenditure
on:|||||||
|Raising funds
3|11,213||11,213|8,578||8,578|
|Charitable
activities
4|288,014|6,456|294,470|253,462|1,882|255,344|
|Total expenditure|299,227|6,456|305,683|262,040|1,882|263,922|
|Net gains/(losses)
on investments|(27,917)||(27,911)|25,115||25,115|
|Net (Expenditure)/income|(27,498)|(409)|(21,907)|(I61,990)|6,660|(155,330)|
|Transfers
between
funds||||1,888|(1,888)||
|Other recognised
gains and losses|||||||
|Net movement
in funds|(27,498)|(409)|(27,907)|(160,102)|4,772|(I55,330)|
|Total funds brought forward|294,597|7,162|301,759|454,699|2,390|457,089|
|Total funds carried forward|267,099|6,753|273,852|294,597|7,162|301,759|
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||||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Total|Total|
|||||Note|2022|2022|2022|2021|
||||||6|6|6||
|Fixed Assets|||||||||
|Tangible Assets||||5|960||960|514|
|Invesunents||||6|238,988||238,988|263,860|
||||||239,948||239,948|264,374|
|Current Assets|||||||||
|Debtors||||7|11,889||11,889|6,807|
|Cash At Bank And||In Hand|||81,980|6,753|88,733|89,176|
||||||93,869|6,753|100,622|95,983|
|Creditors - Amounts|||Falling Due||||||
|Within One|Year|||8|(66,718)||(66,718)|(58,598)|
|Net Current|Assets||||27,151|6,753|33,904|37,385|
|Net Assets|||||267,099|6,753|273,852|301,759|
|Represented|By:||||||||
|Restricted
Funds||||9||6,753|6,753|7,162|
|Unrestricted
Income Funds||||10|267,099||267,099|294,597|
|Tonal Funds|||||267,099|6,753|273,852|301,759|
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|||||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|Total|Total|
|||||||2022|2022|2022|2021|
|||||||6|||6|
|Donations||a legacies||||||||
|Planned|giving|||||8,162||8,162|8,648|
|Collecdons||8 donations||||19,486|2,406|21,892|17,308|
|Income|iax|reclaimed||||3,636||3,636|3,587|
|Legacies|||||||||5,001|
|Grants||||||211,194|3,641|214,835|8,237|
|||||||242,478|6,047|248,525|42,781|
|Charitable||activities||||||||
|Fee income||(net)|||||||782|
|Musician/Organist||||||450||450||
|||||||450||450|782|
|Other|trading||income|||||||
|Letdngs|income|||||51,858||51,858|35,873|
|Investments||||||||||
|Dividends||||||4,825||4,825|4,041|
|Interest|Received|||||35||35||
|||||||4,860||4,860|4,041|
|||||||299,646|6,047|305,693|83,477|
|3.Expenditure|||on|Raising Funds||||||
|||||||Unrestricted|Restricted|||
|||||||Funds|Funds|Total|Total|
|||||||2022|2022|2022|2021|
||||||||6|6|6|
|Investment
management|||||fees|2,454||2,454|2,051|
|Publicity||||||1,430||1,430|3,705|
|Legal &|professional|||fees||7,279||7,279|2,789|
|Collecting agent|||fees|||50||50|33|
||||||||||8,578|
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|||||||||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Funds|Funds|Total|Total|
|||||||||||2022|2022|2022|2021|
|||||||||||6|6|6|6|
|Provision|of Clergy||(including|||Common|Fund)|||86,565||86,565|80,143|
|Church|life &outreach|||||||||58,144||58,144|52,370|
|Gifts &grants (see note||||4a)||||||1,242|1,714|2,956|594|
|Office costs||||||||||78,657||78.657|59,919|
|Provision|ofChurch||building,||facilities &||equipment|||59,146|4,742|63,888|58,558|
|Governance||||||||||4,260||4,260|3,760|
|||||||||||288,014|6,456|294,470|255,344|
|4a Gifts|& Grants|||||||||||||
|Gifts and|grants|included||within||Expenditure||on Charitable||Activities
are as|follows:|||
||||||||||Unrestncted||Restricted|||
|||||||||||Funds|Funds|Total|Total|
|||||||||||2022|2022|2022|2021|
|||||||||||||6|6|
|Gifts &grants to:||||||||||||||
|Organisations||||||||||842|1,714|2,556|594|
|Individuals||||||||||400||400||
|||||||||||1242|1,714|2,956|594|
|4b Staff|Costs|||||||||||||
|Included|within|expenditure|||on charitable||activities||are the|following
staff costs:||||
|||||||||||||2022|2021|
|||||||||||||6|6|
|Wages and salaries||||||||||||54,996|40,431|
|Social security costs||||||||||||4,922|3,152|
|Employer|allowance|||||||||||(4,922)|(3,152)|
|Pension|costs|||||||||||1,894|1,067|
|||||||||||||56,890|41,498|
|Of which|the following|||relate|to Key Management||||Personnel:|||||
|Wages|and salaries|||||||||||||
|Pension|costs|||||||||||||
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|5.Tangible Fixed A|s|sets||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Fixtures,||
|||||||||fittings
gi||
|||||||||equipment||
|Cost||||||||||
|Brought forward|at|I January|||2022|||648||
|Additions||||||||642||
|Disposals||||||||||
|At 31 December|2022|||||||1,290||
|Depreciation||||||||||
|Brought forward|at|I January|||2022|||134||
|Charge for Year||||||||196||
|Disposa la||||||||||
|At 31 December|2022|||||||330||
|Net Book Value||||||||||
|At 31 December|2022|||||||960||
|At 31 December|2021|||||||514||
|6.Fixed Asset Investments||||||||||
|||||||||2022|2021|
|||||||||6|6|
|Market Value —quoted|||investments|||||||
|At
I January||||||||263,860|236,736|
|Additions
at «ost||||||||20,479|9,683|
|Sale proceeds||||||||(17,434)|(7,674)|
|Net gain/(loss)
on revaluation||||||||(27,917)|25,115|
|At 31 December||||||||238,988|263,860|
|Market Value represented||||by|investments||in:|||
|Fixed Interest||||||||45,812|50,001|
|Equities||||||||143,664|164,005|
|Emerging
Economies||||||||4,452|5,178|
|UK Property||||||||10,149|12,987|
|Alternative
Assets||||||||34,911|31,689|
|At 31 December||||||||238,988|263,860|
|Cost- represented||by|investments|||in:||||
|Fixed Interest||||||||52,478|48,287|
|Equities||||||||108,517|110,707|
|Emerging
Economies||||||||4,022|4,022|
|UK Property||||||||11,288|11,288|
|Alternative
Assets||||||||29,511|27,943|
|At 31 December||||||||205,816|202,247|
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|||2022|2021|
|---|---|---|---|
|Income|tax recoverable|7,223|3,587|
|Leuings|receivable|4,666|3,220|
|Other|debtors|||
|||11,889|6,807|
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|||At
I|||||At 31|
|---|---|---|---|---|---|---|---|
|9b:Prior Year||January||||Gains/|December|
|||2021|Income|Expenditure|Transfers|(losses)|2021|
|||E|E|E|E|E|E|
|Special collections||1,888|||(1,888)|||
|American
Church|||156||||156|
|Bishop of London|Fund||235||||235|
|Bishops Lent Appeal||126|||||126|
|Leaving collection|||150||||150|
|Showerbox|||3,000|(1,882)|||1,118|
|West London
Mission||376|||||376|
|Windows|||5,001||||5,001|
|||2,390|8,542|(1,882)|(1,888)||7,162|
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|IO. Unrestricted
F|IO. Unrestricted
F|u|nds||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|10a:Current Year||||At
I||||||At 3I|
|||||January|||||Gains/|December|
|||||2022|Income|Expenditure|Transfers||(losses)|2022|
|||||E||||E||E|
|General
fund||||149,577|298,618|(298,385)|||(27,917)|121,893|
|Designated:|Reserves||fund|137,520||||||137,520|
|Designated:|Mission|Work fund||7,500||||||7,500|
|Designated:|Christian||Aid||126|(126)|||||
|Designated:|Leprosy|Mission|||491|(491)|||||
|Designated:|Royal Agricultural||||||||||
|Benevolent
Fund|||||225|(225)|||||
|Designated: The Halo|||Trust||186|||||186|
|||||294,597|299,646|(299,227)|||(27,917)|267,099|
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