2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Dedham

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Rural Parish	Rural Parish	Missioner		The Reverend	Phillip	Phillip	Young
(Iicenced from 4.10.22)				The Vicarage
				High Street
				Dedham
				Essex
				CO7 6DE
Trustees
(the following		were Trustees during		2022) Mr Peter George Wilson (Churchwarden				&Chairman)
				Mrs Virginia Susan		Druitt (Churchwarden)
				Mrs Lynne Christine		Al-Sad
				Mr John Warren	Reed
				Mrs Gabriel Elizabeth			Maud Watson
				Mrs Elizabeth Ann Reed
				Mr Paul Robert	Brebner
				Mrs Sharon Sarson
				Mrs Linda Denise Redlich
				Mrs Helen Jane	Sims
				Mr Richard Andrew		Hopkins
				Mr Akshay John
Bank				Barclays Bank Plc
				9 High Street
				Colchester, Essex
				CO1 1DD
Independent		Examiner		Philip Strangward
				Culver House
				East Lane
				Dedham
				CO7 6BG
Registered	Charity number			1130860
Contents								Page
		Financial	Overview					2
		Statement		of Financial Activities				3
		Balance Sheet						4
		Notes to Financial Statements						5-12
		Independent		Examiner's Report				13

			I Note	unrestricted	Restricted	Endowment	2022	2021
				Funds	Funds	Funds	Total Funds	Funds
Incoming Resources
incoming resources from generated		funds
Voluntary income Activities for generating funds Investment income Charitable activities Other incoming resources			2(a) 2(b) 2(c) 2((I) 2(e)	179,112 28,324 309 8,506 1,248	51,805 185,678 6,982 4,058 0	0 0 1,784 30 0	230,917 214,002 9,075 12,594 1,248	132,492 25,553 6,613 / /,355 1,184
Total Incoming Resources				217„499	248,523	1,814	467,836	177,197
Resources used
Cost ofgenerating funds
Fundraising/ Trading cost Charitable activities Governance costs			3(a) 3(b) 3(e)	2,747 217,966 600	770 54,654 0	0 500 0	3517 273,120 600	903 150,561 500
Other outgoing resources			3(d)	1,350	14	0	1,364	1,272
Total Resources used				222,663	55,438	500	278,601	/53,f76
Net Incoming/Outgoing Resources Before transfers				(5,163)	193,085	1,314	189,236	24,021
Transfers
Transfers between funds			12 ((j)	1,826		(1,826)
Other recognised gains/{losses)
Gains/{losses) on investment	assets		11/12	0	(20,107)	(10,807)	{30,914)	33,542
Net movement in funds				(3,337}	172,978	(11,319}	188,322	57,558
Reconciliation offunds
Total Funds brought forward				43,659	243,480	96,757	383,896	326,333
Total Funds carried forward				40,322	416,458	85,438	542,218	383,896

					Total
				Notes	2Q22
Fixed Assets
Tangible Assets					3,726	7,452
Investments					235,331	265,994
					239,057
Current Assets
Debtors					11,988	9,353
Cash at bank and	in hand				306,480	116,100
					318,468	125453
Liabilities
Creditors					15,307	15,003
Amounts falling due in one year
Net current assets	less current		liabilities		303,161	1'I0,450
Total net assets less current		liabilities			542,218	383,896
Represented by
Unrestricted Funds
General Reserves					24,196	27,27?
Designated Funds				10	16,126	16,382
Total Unrestricted	Funds				40,322	43,659
Restricted Funds					416,458	243,480
Endowment Funds				12	85,438	96,757
					542,218

2(g) Non-recurring	2(g) Non-recurring	2(g) Non-recurring		Grants	Grants									2Q22
Received			From
	Friends				ofDedham Church (collection boxes)									421	10,573
	Dedham Ecclesiastical Lectureship Trust (Boilerf75,000 plus Listed Place ofWorship Grant Scheme (VAT grant)							missions	8 resources)					75,607 17,265	3,367 4,240
	Dedham				Parish Council									1,500	5,500
	Nicholas Young Foundation (Duchy					Barn maintenance)								1,000	1,OOQ
	GCG			Environmental Trust (Gutteding)										0	5,OQO
Total	non-recurring grants													95,793	25,680
3 Resources		Used												Total
							Unrestricted funds	Designated funds		Restricted funds			Endowment funds	2022	2025
3(a) Fundraising			trading cost ofgoods sold
					Fundraising events costs		690	1,945				323	0	2,958	870
					Mission Fundraising costs		0		0		447		0	447	0
					Duchy Barn Rent 8 counter	supplies	0		112			0	0	112	33
					Fundraising trading cost		690	2,057				770	0	3517
3(b) Charitable		activities
Giving:					Overseas missions		0		0			0	0	0	1,000
Parish Share:					UK missions Diocesan Parish Share		0 50,500		0 0	4,082 0			0 0	4,082 50,500	'/, OQ5 55,928
People:					Parish Secretary: costs		7,764		0			0	0	7,764	7,038
					Financial admin: costs		8,290		350			0	0	8,640	4,950
Vicar					Director ofMusic/organists Working expenses		4,896 14		0 0			0 0	0 0	4,896 14	4,776 956
					I ocum /Guest Speakers		773		0			0	0	773	346
Parish Office:					Phone/internet		243		0			0	0	243	233
Cost ofactivities:					Office Expenses Parish Magazine: costs		3,376 10,542		952 0			0 0	0 0	4,328 10,542	3,523 8,324
					Resource Centre: stock costs		912		0			0	0	912	747
DPC:					Insurance		7,586		0			0	0	7,586	7,842
					Training 8 missions		381		0		869		0	1,250	238
					Education 8 Junior church		0		0			0	0	0	1,008
					Other (Includes Professional Vicarage costs	Fees)	4,735 3,319		0 0			0 0	500 0	5,235 3,319	1,493 481
					Organ maintain		0		0		542		0	542	456
					Maintenance		964		0			0	0	964	2,S54
					Cleaning Security Services upkeep		4,511 487 2,499		0 0 781			0 0 0	0 0 0	4511 487 3,280	3,540 1,615 5,432
					Churchyard upkeep		0		0	6,737			0	6,737	5,185
					Utilities		4,402		0			0	0	4,402	5,885
					Muniment Room		0		0			0	0	0	139
					Major Capital Works		91,090		0	42,424			0	133,514	22,547
Duchy Barn					Utilities		0	1,671				0	0	1,671	'1,184
					Insurance		0		509			0	0	509	4?2
					Telephone		0		498			0	0	498	497
Other Exps:					Maintenance Depreciation: fixed assets		0 3,726	2,	196 0			0 0	0 0	2,196 3,726	1,041 3,726
					Charitable activities		211,010	6,957		54,654			500	273,120	150,561
3{c)Governance		costs
					PCC governance costs:		600						0	600	5QO
					Governance costs		600						0	600
3{d)Other Outgoing				Resources
					Financial Charges		112		15			14	0	141
					Payments offset by Receipts		1,223		0			0	0	1,223
					Other Outgoing Resources		1,335					14	0	1364	f,212
					Total Resources used		213,635	9,028		55	438		500	278 601

4	Tangible	assets			2022	2021
	Equipment
		Brought forward			8,356	8,356
		Additions			0	0
					8,356	8,356
		Depreciation b/fwd			(8,356)	(8,356)
		Depreciation charge			0	0
					(8,356)	(8,356)
		Net Book Value			0	0
	Furniture	&Fixtures
		Brought forward			19,875	19,875
		Additions			0	0
					19,875	19,875
		Depreciation b/fwd			(12,423)	(8,697)
		Depreciation charge			(3,726)	(3,726)
					(16,149)	(12,423)
		Net Book Value			3,726	7,452
	Total Tangible assets				3,726	7,452
5	Investment	Assets			2022	2021
		CDBF 7,336.04 units			151,459	171,566
		Heath Fund
		COIF 1552.24 units			28,1?2	31,878
		Parochial Benefit Fund
		CDBF757.86 units			15,647	'/7, ?24
		Churchyard Trust
		CDBF824.86 units			17,156	18,889
		Tithe Chancel Trust
		CDBF 1,109.04 units			22,897	25,937
		Vicars 1970Discretionary		Fund
		Total Investment	Fund		235,331	265,994

Debtors
										2022	2021
		Debtors								2,754	921
		Church Insurance		prepayment						4,580	4,3/0
		Tax to be	reclaimed							4,654	4, '/22
		Total Debtors								11,988
Liabilities										2022
		Creditors								2,618	2,022
		Parish Share								2,500	3,000
		Magazine	advertising		prepaid	receipts	for 2023			10,189	9,98f
		Total Creditors								15,307	15„003
Analysis	ofFunds
										Total
		Unrestricted			Designated		Restricted	Endowment		2022
Barclays	Current		13,999				504		466	14,969	5'/, 738
CCLA Deposit			9,174			16,371	264,865		1,101	291,511	64,302
Duchy Barn Petty Cash											60
Debtors			10,161			114	1,713		0	11,988	9,353
Total Current Assets			33,334			16,485	267,082		1,567	318,468	125,453
Reserves
		Fund balance b/fwd			Incoming		Outgoing	Transfers		Investment gains/ (losses) Fund c/fwd	balance
General	Fund		27,277			210,553	(213,635)				24,196

	Nates	balance		Outgoing		balance
Music Fund		264	2	0	0	266
Tower Fund Flower Fund Office Equip. Fund	(a) (b)	10,538 1,6'I5 953	439 2,550 0	0 (2,740) (952)	0 0 0	10,977 1,425 1
Seasonal Frontals Duchy Barn Fund	(c) (d)	1,992 1,020	15 3,940	0 (5,336)	0 1,826	2,007 1,450
		16,382	6,946	(9,028)	1,826	16,126