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|---|---|---|---|---|---|
|Report ofthe Trustees|||1|to|4|
|Independent
Examiner's|Report|||||
|Statement ofFinancial|Activities|||||
|Balance Sheet||||||
|Notes to the Financial Statements|||8|to|15|
|Detailed Statement
of Financial||Activities|16|to|17|
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|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endowment|Total|Total|
||||||funds|fund|funds|funds|funds|
|||||Notes||||||
|INCOME AND||||||||||
|ENDOWMENTS||FROM||||||||
|Donations
and legacies|||||90,019|27,434||117,453|203,912|
|Other trading
activities|||||36,806|4,242||41,048|41,650|
|Total|||||126,825|31,676||158,501|245,562|
|EXPENDITURE||ON||||||||
|Raising funds|||||91,183|||91,183|80,860|
|Charitable
activities||||||||||
|General|||||43,230|5,133||48,363|44,971|
|Total|||||134,413|5,133||139,546|125,831|
|Net gains/(losses)|on|||||||||
|1livestluelits||||||9,475|t8.426|27,901|(39,475)|
|NET||||||||||
|INCOME/(EXPENDITURE)|||||(7,588)|36,018|18,426|46,856|80,256|
|RECONCILIATION|||OF|||||||
|FUNDS||||||||||
|Total funds brought||forward|||437,061|288,303|188,624|913,988|833,732|
|TOTAL FUNDS|CARRIED|||||||||
|FORWARD|||||429,473|324,321|207,050|960,844|913,988|
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|Total|
|||funds|fund|funds|funds|funds|
||Notes||||||
|FIXEDASSETS|||||||
|Tangible assets|5|347,000|||347,000|347,000|
|Investments|6||109,320|212,580|321,900|294,000|
|||347,000|109,320|212,580|668,900|641,000|
|CURRENT ASSETS|||||||
|Debtors||13,364|1,326||14,690|29,072|
|Cash at bank||74,171|215,744||289,915|256,230|
|||87,535|217,070||304,605|285,302|
|CREDITORS|||||||
|Amounts
falling due within one|||||||
|year||(5,062)|(2,069)|(5,530)|(12,661)|(12,314)|
|NET CURRENT ASSETS||82,473|215,001|(5,530)|291,944|272,988|
|TOTAL ASSETSLESS|||||||
|CURRENT LIABILITIES||429,473|324,321|207,050|960,844|913,988|
|NET ASSETS||429,473|324,321|207,050|960,844|913,988|
|FUNDS|10||||||
|Unrestricted
funds|||||429,473|437,061|
|Restricted funds|||||324,321|288,303|
|Endowment
funds|||||207,050|188,624|
|TOTAL FUNDS|||||960,844|913,988|
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|OTHER TRADING ACTIVITIES|||
|---|---|---|
||2023|2022|
|Church collections
general|8,614|11,589|
|Fund raising activities|4,825|3,766|
|Spire sales and advertising|2,254|2,675|
|Wedding
and funeral fees|7, 121|11,878|
|Dividends
and interest|12,165|9,832|
|Softplay transfers|713|1,910|
|Walsingham
pilgramage|5,356||
||41,048|41,650|
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
||Wages and salaries (Office admin & Premise cleaning wages included)|||||15,275|12,895|
|||||||15,275|12,895|
||The average monthly
number ofemployees|||during|the year was as follows:|||
|||||||2023|2022|
||Employees|||||||
||No el11ployees received|emoluments|in excess off60,000.|||||
||TANGIBLE FlXFD ASSFTS|||||||
||||||||Freehold|
||||||||property|
||COST|||||||
||At 1 January 2023 and|31 December 2023|||||347,000|
||NET BOOK VALUE|||||||
||At 31 December 2023||||||347,000|
||At 31 December 2022||||||347,000|
|6.|FIXEDASSET INVESTMENTS|||||||
||||||||Listed|
||||||||investments|
||MARKET VALUE|||||||
||At
1 January 2023||||||294,000|
||Disposals||||||27,900|
||At 31 December 2023||||||321,900|
||NET BOOK VALUE|||||||
||At 31 December 2023||||||321,900|
||At 31 December 2022||||||294,000|
##
||There were no investment|There were no investment|assets outside the UK.|||
|---|---|---|---|---|---|
|7.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
|||||2023|2022|
||Trade debtors|||14,690|29,072|
|8.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||2023|2022|
||Bank loans and overdrafts||(see note 9)||5,530|
||Trade creditors|||12,661|5,793|
||Other creditors||||991|
|||||12,661|12,314|
|9.|LOANS|||||
||An analysis ofthe maturity||ofloans is given below:|||
|||||2023|2022|
||Amounts
falling due within||one year on demand:|||
||Bank overdrafts||||5,530|
|10.|MOVEMENT IN|FUNDS||||
|||||Net||
|||||movement|At|
||||At 1.1.23|in funds|31.12.23|
||Unrestricted
funds|||||
||General
f'und||437,061|(7,588)|429,473|
||Restricted funds|||||
||Restricted|||||
||||288,303|36,018|324,321|
||Endowment
funds|||||
||Parish Endowment|Fund|188,624|18,426|207,050|
||TOTALFUNDS||913,988|46,856|960,844|
##
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|||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|in funds|
|Unrestricted|funds|||||||
|General fund||||126,825|(134,413)||(7,588)|
|Restricted
funds||||||||
|Restricted||||||||
|||||31,676|(5 133)|9,475|36,018|
|Endowment|funds|||||||
|Parish Endowment||Fund||||18,476|18,476|
|TOTAL FUNDS||||158,50 I|(139.5461|77,901|46,856|
|Comparatives|for|movement|in funds|||||
|||||||Net||
|||||||movement|At|
||||||At 1.1.22|in funds|31.12.22|
|Unrestricted|funds|||||||
|General fund|||||392,553|44,508|437,061|
|Restricted
funds||||||||
|Restricted||||||||
||||||226,486|61,817|288,303|
|Endowment|funds|||||||
|Parish Endowment||Fund|||214,693|(26,069)|188,624|
|TOTAL FUNDS|||||833,732|80,256|913,988|
##
##
|Comparative|net movement|net movement|in funds, included|in the above are|in the above are|as follows:|||
|---|---|---|---|---|---|---|---|---|
||||||Incoming|Resources|Gains and|Movement|
||||||resources|expended|losses|in funds|
|Unrestricted|funds||||||||
|General fund|||||162,672|(118,164)||44,508|
|Restricted
funds|||||||||
|Restricted|||||||||
||||||82,890|(7,667)|(13,406)|61,817|
|Endowment|funds||||||||
|Parish Endowment||Fund|||||(26,069)|(26,069)|
|TOTAL FUNDS|||||245,562|(125,831)|(39,475)|80,256|
|A current year 12months|||and prior year 12months||combined position is as follows:||||
||||||||Net||
||||||||movement|At|
|||||||At 1.1.22|in funds|31.12.23|
|Unrestricted|funds||||||||
|General fund||||||392,553|36,920|429,473|
|Restricted
funds|||||||||
|Restricted|||||||||
|||||||226,486|97,835|324,321|
|Endowment|funds||||||||
|Parish Endowment||Fund||||214,693|(7,643)|207,050|
|TOTAL FUNDS||||||833,732|127,112|960,844|
##
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unrestricted|funds||||||
|General
fund|||289,497|(252,577)||36,920|
|Restricted
funds|||||||
|Restricted|||||||
||||114,566|(12,800)|(3,931)|97,835|
|Endowment|funds||||||
|Parish Endowment||Fund|||(7,643)|(7,643)|
|TOTAL FUNDS|||40-1,063|(265,3771|(11,574)|127, I
l 2|
##
|The movements
included
in the accounts are as|follows:||||
|---|---|---|---|---|
||2023||2022||
|Saints and Sirmers
Softplay||(555)
1,268||(83)
1,993|
|Total movements||713||1,910|
##
|||2023|2022|
|---|---|---|---|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Donations||1,440|1,856|
|Halls||28,544|27,683|
|Curate House||7,742|8,061|
|Legacies|||41,426|
|Tax efficient planned|giving|34,122|26,571|
|Tax recovered
through|Gitt Aid|11,058|10,149|
|Other planned
giving||7,113|12,653|
|Tower appeal||27,434|75,513|
|||117,453|203,912|
|Other trading
activities||||
|Church collections general||8,614|11,589|
|Fund raising activities||4,825|3,766|
|Spire sales and advertising||2 254|2,675|
|WeddIng
and funera1|fees|7,12 I|11,878|
|Dividends
and interest||12,165|9,832|
|Softpiay transfers||7]3|1,910|
|Walsingham
pilgramage||5,356||
|||41.048|41,650|
|Total incoming
resources||158,501|245,562|
|EXPENDITURE||||
|Other trading
activities||||
|Freewill contributions||48,876|47,500|
|Vicar's working
expenses||2,067|1,730|
|Cleaning costs||6,941|5,973|
|Vicarage expenses||816|1,088|
|Light and heat||19,790|9,565|
|Water||1,196|1,711|
|lnsurances||8,257|10,053|
|Spire costs||3,240|3,240|
|||91,183|80,860|
|Charitable
activities||||
|Wages and honoraria||8,334|8,547|
|Carried forward||8,334|8,547|
##
|||||2023|2022|
|---|---|---|---|---|---|
|Charitable
activities||||||
|Brought forward||||8,334|8,547|
|Telephone||||571|608|
|Postage and stationery||||3,333|2,071|
|Sundries||||1,269|1,339|
|Church repairs k, maintenance||||8,895|15,328|
|Par Hall repairs &maintenance||||1,386|1,196|
|SJHall repairs k maintenance||||999|1,622|
|Curate House repairs|k|mainten|ance|6,534|993|
|Upkeep ofservices||||9,607|8,755|
|Home mission and training||||938|373|
|Fundraising
activities|||||3,000|
|Walsingham
pilgramage||||4,893||
|||||46,759|43,832|
|Support costs||||||
|Governance
costs||||||
|Accountancy
and legal fees||||1,604|1,139|
|Total resources expended||||139,546|125,831|
|Net income before gains and losses||||18,955|119,731|
|Realised recognised|gains and||losses|||
|Realised gains/(losses)||on fixed|asset investments|27,901|(39,475)|
|Net income||||46,856|80,256|