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2022-12-31-accounts

Report
of		 the Trustees I to S
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance
Sheet		 8
Cash Flow Statement 9
Notes
to		 the Cash Flow Statement 10
Notes
to		 the Financial Statements I I to 21
Detailed
 Statement
 of Financial
 Activities 22 to 23

2022 2021
Unrestricted Restricted Endowment Total Total
fund funds funds funds funds
Notes L [ L l
INCOME
AND
ENDOWMENTS FROM
Donations
and legacies		 2 147,730 76,328 224,058 735,976
Charitable
activities		 5
Church Activities I I ,430 I I ,430 7,240
Other trading activities 22,297 18,331 40,628 21,060
Investment
income		 25,708 22,837 48,545 46,502
Other income 2,500 2,500 18,283
Total 209,665 117,49f> 327,161 829,061
EXPENDITURE ON
Raising funds 6 lli841 910 12,751 2,033
Charitable
activities		 7
Church Activities 159,162 162,093 321,255 910,039
Total 171,003 163,003 334,006 912,072
Net gains/(losses)
 on investments (55,852) (113,785) (52,803) (222,440) 256,721
NET
INCOME/(EXPENDITURE) (17,190) (159,292) (52,803) (229,285) 173,710
RECONCILIATION OF
FUNDS
Total funds brought forward 527,734 1,247,408 595,559 2,370,701 2,196,991
TOTAL
FUNDS		 CARRIED
FORWARD 510,544 li088ill6 542,756 2il41i416 2,370,701

2022 2021
Unrestricted Restricted Endowment Total Total
fund funds funds funds funds
Notes L
FIXED
ASSETS
Investments II 415,952 852,622 542,756 1,811,330 2,033,770
CURRENT ASSETS
Stocks 91 I 91 I I ,046
Debtors 3,018 12,313 IS,331 16,439
Cash at bank 104,890 223,181 328,071 332,407
108,819 235,494 344,313 349,892
CREDITORS
Amounts
falling due		 within one year 14 (14,227) (14,227) (12,961)
NET CURRENT
 ASSETS 94,592 235,494 330,086 336,931
TOT
AL ASSETS
 LESS
CURRENT LIABILITIES 510,544 I ,oss, 116 542,756 2,141,416 2,370,701
NET ASSETS 510,544 I ,oss, 116 542,756 2, 141 ,416 2,370,701
FUNDS IS
Unrestricted funds 510,544 527,734
Restricted
 funds I ,088, 116 I ,247,408
Endowment funds 542,756 595,559
TOTALFUNDS 2,141,416 2,370,701

2022 2021
Notes
Cash flows from operating activities
Cash generated from operations (52,881) (132,250)
Net cash used in operating
 activities (52,881) (132,250)
Cash flows from investing activities
Purchase of fixed asset investments (3,200)
Dividends received 48,545 46,502
Net cash provided by investing activities 48,545 43,302
Change
in cash		 and cash equivalents
 in the
reporting
period		 (4,336) (88,948)
Cash and cash equivalents at the beginning
of the reporting period 332,407 421 ,355
Cash and cash equivalents at the end of
the reporting
period		 328,071 332,407

RECONCILIATION
OF
ACTIVITIES		 NET (EXPENDITURE) /INCOME
TO NET CAS		 H FLOW
FROM OPE		 RATING
2022 2021
{ {
Net (expenditure)/income for the reporting period (as per the
Statement
of Financial
 Activities) (229,285) 173,710
Adjustments
for:
Losses/(gain)oninvestments 222,440 (256,721)
Dividendsreceived (48,545) (46,502)
Decreaseinstocks 135 213
Decreaseindebtors 1,108 840
Increase/(decrease)increditors 1,266 (3,790)
Net cash used in operations (52,881) (132,250)

At 1/1/22 Cash flow At 31/1 2/22
Net cash
Cash at bank 332,407 (4,336) 328,071
332,407 (4,336) 328,071
Total 332,407 (4,336) 328,071

DONATIONS
 DONATIONS
 AND AND LEGACIES LEGACIES
2022 2021
I
Planned Giving - Gift Aid Dona tion 76,90 66,664
Gift aid 46,84 120,768
Legacies 4 000
Plate collections 23,293 13,928
Donations, appeals etc 73 023 534,616
224 058 735,976
OTHER
 TRADING
 ACTMTIES
2022 202
l
Fundraising 14,539 4 453
Church & Parish Hall letting 23,171 5 990
Bookstall 2,918 617
40,628 21 ,060
INVESTMENT
 INCOME
2022 202
Investment income 48,545 46,502
INCOME FROM CHARIT ABLE ACTIVITIES
2022 2021
Activity
PCC Fees Church Activities 430 7,240

Other trading Other trading activities
2022 202
Purchases 059 296
Fundraising expenses 692 737
12,751 2,033

Support
Direct costs (see
Costs note 8) Totals
Church
 Activities 313,027 8,228 321 ,255
8. SUPPORT COSTS
Governance
COStS
Church Activities 8,228

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Endowment Total
fund funds funds funds
{ {
INCOME
AND
 ENDOWMENTS FROM
Donations
and legacies		 117,044 618,932 735 976
Charitable
activities
ChurchActivities 7,240 7,240
Other trading activities B,075 12,985 21,060
Investment
income		 24,868 21,634 46,502
Other income 5,327 12,956 18,283
Total 162,554 666,507 829,061
EXPENDITURE ON
Raising funds 1,925 108 2,033
Charitable
activities
Church Activities 156, 159 753,880 910,039
Total 158,084 753,988 912,072
Net gains on investments 59,047 121,299 76,375 256,721
NET INCOME 63,517 33,818 76,375 173,710
RECONCILIATION OF FUNDS
Total funds brought forward 464,217 I ,213,590 519, 184 2, 196,991
TOT
AL FUNDS		 CARRIED
 FORWARD 527,734 1,247,408 595,559 2,370,701

Listed
investments
MARKET
VAIUE
At I January 2022 2,033,770
Revaluations (222,440)
At 31 December
 2022 1,811,330
NETBOOKVALUE
At 31 December
 2022 1,811,330
At 31 December
 2021 2,033,770
There were no investment assets outside the UK.
Cost or valuation at 31 December 2022 is represented by:
Listed
investments
Valuation in 2022 1,811,330
STOCKS
2022 2021
Stocks 91 I I ,046
DEBTORS:
AMOUNTS		 FALLING
 DUE WITHIN ONE YEAR
2022 2021
Other debtors I 2,583 13,230
Gift Aid recoverable 2,748 3,209
IS,331 16,439

CREDITORS:
 CREDITORS:
 AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 202
Other
 creditors 4,227
MOVEMENT
 IN FUNDS
Net
movement
At 1/1/22 in funds 31/12/22
Unrestricted
 funds
General fund 527,734 (17,190) 510,544
Restricted
funds
Restoration
Fund		 I ,058,083 (137,602) 920,481
Organ Fund 87,772 (S,768) 82,004
Parish Hall 50,517 I , 158 51,675
Tower
 Fund 23,805 (1,940) 21 ,865
Other Restricted Fund 13,215 (1,124) 12,091
BosseS Project 14,016 (14,016)
I ,247,408 (159,292) I ,oss, 116
Endowment
funds
Restoration
Fund		 208,600 (17,063) 191,537
Organ Fund 82,85I (4,925) 77,926
Endowment
Fund		 304, 108 (30,815) 273,293
595,559 (52,803) 542,756
TOTAL FUNDS 2,370,701 (229,285) 2il41i416

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund 209,665 (171,003) (55,852) (17,190)
Restricted
 funds
Restoration
 Fund 51 ,912 (88,387) (lOlil27) (137,602)
Organ Fund 7,222 (5,820) (7, 170) (5,768)
Parish Hall 18,288 (13,588) (3,542) 1,158
Tower Fund 2,559 (2,553) (1,946) (1,940)
Other Restricted Fund 6,584 (7,708) (1,124)
BosseS Project 30,931 (44,947) (14,016)
117,496 (163,003) (113,785) (159,292)
Endowment funds
Restoration
 Fund (17,063) (17,063)
Organ Fund (4,925) (4,925)
Endowment
 Fund (30,815) (30,81S)
(52,803) (52,803)
TOT
AL FUNDS		 327,161 (334,006) (222,440) (229,285)

Net
movement
At I / I /2I in funds 31/12/2
Unrestricted funds
General fund 464,217 63,517 527 734
Restricted
 funds
Restoration
 Fund I ,068,561 (10,478) I ,058,083
Organ Fund 76,51 I I I ,261 87,772
Parish Hall 34, 151 16,366 50,517
Tower Fund 20, 152 3,653 23,805
Other Restricted Fund 14,186 (971 ) 13,215
Bosses Project 29 13,987 14,016
I ,213,590 33,818 I ,247,408
Endowment funds
Restoration
 Fund 208,600 208,600
Organ Fund 82,851 82,851
Endowment
 Fund 227,733 76,375 304, 108
519, 184 76,375 595,559
TOT
AL FUNDS		 2, I %,99I 173,710 2,370,701

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund I 62,554 (158,084) 59,047 63,517
Restricted
 funds
Restoration
 Fund 571748 (695,140) 106,914 (10,478)
Organ Fund 3,681 7,580 I I ,261
Parish Hall 25,148 (12,527) 3,745 16,366
Tower Fund I ,792 (1,199) 3,060 3,653
Other Restricted Fund 2,725 (3,696) (971)
Bosses Project SS,4 13 (41 ,426) 13,987
666,507 (753,988) 121 ,299 33,818
Endowment funds
Endowment
 Fund 76,375 76,375
TOTALFUNDS 829,061 (912,072) 256,721 173,710

2022 2021
INCOME AND ENDOWMENTS
Donations and legacies
Planned Giving - Gift Aid Dona tion 76,901 66,664
Gift aid 46,841 120,768
Legacies 4,000
Plate collections 23,293 I3,928
Donations, appeals etc 73,023 534,616
224,058 735,976
Other
trading
 activities
Fundraising 14,539 4,453
Church & Parish Hall letting 23,171 IS,990
Bookstall 2,918 617
40,628 21 ,060
Investment income
Investment income 48,545 46,502
Charitable activities
PCC Fees II ,430 7,240
Other
income
Other
income		 2,500 18,283
Total
incoming		 resources 327, 161 829,061
EXPENDITURE
Other
trading
 activities
Bookstall 1,059 296
Fundraising expenses 11,692 I ,737
12,751 2,033
Charitable activities
Mission & charitable
 giving 7,894 2,708
Carried forward 7,894 2,708

2022 2021
Charitable
activities
Brought forward 7,894 2,708
Parish share 72,504 72,504
Church upkeep 24,950 19,912
Working expenses
 of incumbent 13,455 17,262
Vicarage 934 291
Clergy
 assistants 1,320
Minor
 maintenance
 & repairs 16,750 II ,770
Church services 2,039 2, 199
Parish training,
 mission, educ ation 12,038 8,248
Major Church
 repairs 151 ,009 740,358
Honoraria
eg choir,		 organists 10,134 I I ,560
Fund raising officer 18,256
313,027 905,068
Support costs
Governance costs
Accountancy
 and ind exam'n 8,228 4,971
Total resources expended 334,006 912,072
Net
expenditure		 before
 gains and losses (6,845) (83,011)
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments (222,440) 256,721
Net
(expenditure)/income		 (229,285) 173,710