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|---|---|---|---|---|---|---|---|---|---|
|Report|of|the|Trustees||||I|to|5|
|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|
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|Trustees|||||
|---|---|---|---|---|
|PCC members|who have served from Ist||January 2022 until the date this report was approved are:||
|Incumbent:||The Revd Rebecca Alison Lumley (Chairman)|||
|Readers:||Stephen Parkin|and John Edmond||
|Wardens:||Beverley Lawrence, Gill Gregory, Jill Edmond, and Keith Gilson|||
|Deanery Synod|Members:|Joanne Boulter and Ed Norman|||
|Elected
Members:|||||
|Mark Merryweather|||Alice Lee|Lesley Jackson|
|Richard Mattock|||Simon Pike|lan Jackson|
|Anne Crossley|||Allan Ball||
|Andrew
Allison|||David Warren||
|Treasurer:||Anne Mansfield|||
|Secretary:||Janet Osgerby|||
|Independent
|Examiner||||
|Adrian M Allen|||||
|Sowerby|||||
|Chartered
Accountants|||||
|Beckside Court|||||
|Annie Reed Road|||||
|Beverley|||||
|East Yorkshire|||||
|HU17 0LF|||||
|St Mary's Vicarage|St Mary's Vicarage|
|---|---|
|15 Molescroft
|Road|
|Beverley||
|East Yorkshire||
|HU17 7DX||
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##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|Total|
||||fund|funds|funds|funds|funds|
|||Notes|L|L|{|||
|INCOME
AND||||||||
|ENDOWMENTS|FROM|||||||
|Donations
and legacies|||351,363|303,479||654,842|224,058|
|Charitable
activities||||||||
|Church Activities|||I I ,562|||I I ,562|II ,430|
|Other
trading activities|||35,572|18,154||53,726|40,628|
|Investment
income|||30,055|22,968||53,023|48,545|
|Other income|||||||2,500|
|Total|||428,552|344,601||773, I53|327,1(il|
|EXPENDITURE
|ON|||||||
|Raising funds||6|17,678|520||18,198|12,751|
|Charitable
activities||7||||||
|Church Activities|||197,334|89,584||286,918|321,255|
|Total|||215,012|90,104||305,116|334,006|
|Net gains/(losses)
|on investments||50,933|92,942|36,393|180,268|(222,440)|
|NET||||||||
|INCOME/(EXPENDITURE)|||264,473|347,439|36,393|648,305|(229,285)|
|RECONCILIATION|OF|||||||
|FUNDS||||||||
|Total funds brought|forward||510,544|1,088,116|542,756|2,141,416|2,370,701|
|TOT
AL FUNDS|CARRIED|||||||
|FORWARD|||775,017|1,435,555|579,149|2,789,721|2,141,416|
##
||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Total|Total|
|||||fund|funds|funds|funds|funds|
||||Notes|{|{|{|{||
|FIXED
ASSETS|||||||||
|Investments|||II|666,885|1,145,564|579,149|2,391,598|1,811,330|
|CURRENT|ASSETS||||||||
|Stocks||||1,148|||1,148|91 I|
|Debtors||||20,766|14,292||35,058|IS,331|
|Cash at bank||||102,633|293,348||395,981|328,071|
|||||124,547|307,640||432, 187|344,313|
|CREDITORS|||||||||
|Amounts
|falling due|within one year|14|(16,415)|(17,649)||(34,064)|(14,227)|
|NET CURRENT
||ASSETS||108,132|289,991||398,123|330,086|
|TOTAL
|ASSETS
|LESS|||||||
|CURRENT|LIABILITIES|||775,017|1,435,555|579,149|2,789,721|2,141,416|
|NET ASSETS||||775,017|1,435,555|579,149|2,789,721|2,141,416|
|FUNDS|||IS||||||
|Unrestricted|funds||||||775,017|510,544|
|Restricted|funds||||||1,435,555|I ,oss, 116|
|Endowment|funds||||||579, 149|542,756|
|TOTALFUNDS|||||||2,789,721|2,141,416|
|||||2023|2022|
|---|---|---|---|---|---|
||||Notes|||
|Cash flows from|operating|activities||||
|Cash generated
from operations||||414,887|(52,881)|
|Net cash provided|by/(used|in) operating|activities|414,887|(52,881)|
|Cash flows from|investing|activities||||
|Purchase of fixed|asset investments|||(400,000)||
|Dividends received||||53,023|48,545|
|Net cash (used in)/provided
||by investing|activities|(346,977)|48,545|
|Change
in cash|and cash|equivalents|in the|||
|reporting
period||||67,910|(4,336)|
|Cash and cash equivalents||at the beginning||||
|of the reporting|period|||328,071|332,407|
|Cash and cash equivalents||at the end of||||
|the reporting
period||||395,98I|328,071|
##
|ACTMTIES|||||
|---|---|---|---|---|
||||2023|2022|
||||{|{|
|Net income/(expenditure)
|for the reporting|period (asper the|||
|Statement
of Financial Activities)|||648,305|(229,285)|
|Adjustments
for:|||||
|(Gain)/losses on investments|||(180,268)|222,440|
|Dividendsreceived|||(53,023)|(48,545)|
|(Increase)/decreaseinstocks|||(237)|135|
|(Increase)/decrease in debtors|||(19,727)|I, 108|
|Increase in creditors|||19,837|1,266|
|Net cash provided by/(used|in) operations||414,887|(52,881)|
##
|||At 1/1/23|Cash flow|At 3l/I 2/23|
|---|---|---|---|---|
|Net
|cash||||
|Cash|at bank|328,071|67,910|395,981|
|||328,071|67,910|395,981|
|Total||328,071|67,910|395,981|
##
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|DONATIONS
|DONATIONS
|AND|AND|LEGACIES|LEGACIES||||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
|Planned Giving -||Gift Aid Dona tion|||||72,508|76,90|
|Gift aid|||||||20, 109|46,84|
|Legacies|||||||484,960|4 000|
|Plate collections|||||||22,766|23,293|
|Donations,|appeals||etc||||54,499|73 023|
||||||||654,842|224,058|
|OTHER
|TRADING
|||ACTMTIES|||||
||||||||2023|2022|
|Fundraising|||||||22,382|4,539|
|Church &|Parish|Hall letting|||||27 763|23 17|
|Bookstall||||||||2,918|
||||||||53,726|40,628|
|INVESTMENT
|||INCOME||||||
||||||||2023|2022|
|||||||||L|
|Investment|income||||||53 023|48,545|
|INCOME|FROM||CHARIT||ABLE|ACTIVITIES|||
||||||||2023|2022|
|||||||Activity|||
|PCC Fees||||||Church Activities||430|
##
##
##
|||2023|2022|
|---|---|---|---|
|Purchases||446|059|
|Fundraising|expenses|6,752|692|
|||18, 198|12,751|
##
||||Support||
|---|---|---|---|---|
|||Direct|costs (see||
|||Costs|note 8)|Totals|
|Church|Activities|284,926|I ,992|286,918|
##
##
##
|COMPARATIVES|||FOR THE|STATEMENT|OF FINANCIAL|ACTIVITIES|||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endowment|Total|
||||||fund|funds|funds|funds|
||||||{|{|||
|INCOME
AND
|ENDOWMENTS|||FROM|||||
|Donationsandlegacies|||||147,730|76,328||224 058|
|Charitable
activities|||||||||
|ChurchActivities|||||11,430|||I I ,430|
|Other
trading activities|||||22,297|18,331||40,628|
|Investment
income|||||25,708|22,837||48,545|
|Other income|||||2,500|||2,500|
|Total|||||209,665|117,496||327, 161|
|EXPENDITURE||ON|||||||
|Raising funds|||||II ,841|910||12,751|
|Charitable
activities|||||||||
|Church Activities|||||159, 162|162,093||321,255|
|Total|||||171 ,003|163,003||334,006|
|Net gains/(losses)||on|investments||(55,852)|(113,785)|(52,803)|(222,440)|
|NET INCOME/(EXPENDITURE)|||||(17,190)|(159,292)|(52,803)|(229,285)|
|RECONCILIATION|||OF FuNDS||||||
|Total funds brought||forward|||527,734|I ,247,408|595,559|2,370,701|
|TOT
AL FUNDS||CARRIED
||FORWARD|S10,544|I ,oss, 116|542,756|2, 141 ,416|
##
##
|FIXED
ASSET
INVESTMENTS||
|---|---|
||Listed|
||investments|
|MARKETVALUE||
|At I January 2023|1,811,330|
|Additions|400,000|
|Revaluations|180,268|
|At 31 December 2023|2,391 ,598|
|NETBOOKVALUE||
|At 31 December 2023|2,391 ,598|
|At 31 December 2022|1,811,330|
|There were no investment assets outside the UK.||
|||||||Listed|
|---|---|---|---|---|---|---|
|||||||nvestments|
|Valuation in 2023||||||2,391 ,598|
|STOCKS|||||||
||||||2023|2022|
|Stocks||||||91 I|
|DEBTORS:
|AMOUNTS|FALLING|DUE WITHIN|ONE YEAR|||
||||||2023|2022|
|Other debtors|||||32,389|12,583|
|Gift Aid recoverable|||||2,669|2,748|
||||||35,058|15,331|
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|||||||L|
|Other creditors|||||34,064|14,227|
|MOVEMENT|IN|FUNDS|||||
||||||Net||
||||||movement||
||||At 1/1/23||in funds|31/12/23|
|Unrestricted|funds||||||
|General fund||||510,544|264,473|775,017|
|Restricted
|funds||||||
|Restoration
|Fund|||920,481|371,724|I ,292,205|
|Organ Fund||||82,004|(28,762)|53,242|
|Parish Hall||||51,675|(108)|51 ,567|
|Tower Fund||||21 ,865|2,403|24,268|
|Other Restricted
||Fund||12,091|2, 182|14,273|
||||I|,oss, 116|347,439|I ,435,555|
|Endowment|funds||||||
|Restoration
|Fund|||191,537|8,417|199,954|
|Organ Fund||||77,926|6, 197|84, 123|
|Endowment
|Fund|||273,293|21,779|295,072|
|||||542,756|36,393|579,149|
|TOTALFUNDS|||2, 141 ,416||648,305|2,789,721|
##
##
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
||||||L||
|Unrestricted||funds|||||
|General fund|||428,552|(215,012)|50,933|264 473|
|Restricted
|funds||||||
|Restoration
|Fund||316,420|(27,632)|82,936|371 ,724|
|Organ Fund|||4,551|(38,381)|5,068|(28,762)|
|Parish Hall|||18,902|(21 ,513)|2,503|(108)|
|Tower Fund|||1,557|(1,589)|2,435|2,403|
|Other Restricted||Fund|3, 171|(989)||2, 182|
||||344,601|(90, 104)|92,942|347,439|
|Endowment|funds||||||
|Restoration
|Fund||||8,417|8,417|
|Organ Fund|||||6, 197|6, 197|
|Endowment
|Fund||||21 ,779|21 ,779|
||||||36,393|36,393|
|TOT
AL FUNDS|||773, I 53|(305, 116)|180,268|648,305|
##
##
|||||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|(5,768)|82,004|
|Parish Hall|||50,517|1,158|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|||82,851|(4,925)|77,926|
|Endowment
|Fund||304, 108|(30,815)|273,293|
||||595,559|(52,803)|542,756|
|TOT
AL FUNDS|||2,370,701|(229,285)|2,141,416|
##
##
|||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)|(101,127)|(I 37,602)|
|Organ Fund||7,222|(5,820)|(7, 170)|(5,768)|
|Parish Hall||18,288|(13,588)|(3,542)|I , I 58|
|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)|(30,815)|
|||||(52,803)|(52,803)|
|TOT
AL FUNDS||327, 161|(334,006)|(222,440)|(229,285)|
##
##
##
##
##
|||||2023|2022|
|---|---|---|---|---|---|
|INCOME
|AND||ENDOWMENTS|||
|Donations|and|legacies||||
|Planned Giving - Gift Aid Dona tion||||72,508|76,901|
|Gift aid||||20,109|46,841|
|Legacies||||484,%0|4,000|
|Plate collections||||22,766|23,293|
|Donations,|appeals||etc|54,499|73,023|
|||||654,842|224,058|
|Other
trading
||activities||||
|Fundraising||||22,382|14,539|
|Church &|Parish|Hall letting||27,763|23,171|
|Bookstall||||3,581|2,918|
|||||53,726|40,628|
|Investment|income|||||
|Investment|income|||53,023|48,545|
|Charitable|activities|||||
|PCC Fees||||11,562|II ,430|
|Other
income||||||
|Other income|||||2,500|
|Total
incoming|||resources|773,153|327,161|
|EXPENDITURE||||||
|Other
trading||activities||||
|Bookstall||||I ,446|I ,059|
|Fundraising|expenses|||16,752|II ,692|
|||||18, 198|12,751|
|Charitable|activities|||||
|Mission &|charitable giving|||2,835|7,894|
|Carried forward||||2,835|7,894|
##
||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
|Charitable
activities|||||||||
|Brought
forward|||||||2,835|7,894|
|Parish share|||||||73,500|72,504|
|Church
upkeep|||||||31 ,016|24,950|
|Working
expenses
|of|incumbent|||||25,8 10|13,455|
|Vicarage||||||||934|
|Clergy
assistants|||||||183|1,320|
|Minor
maintenance
|&|repairs|||||19,023|16,750|
|Church
services|||||||750|2,039|
|Parish training,
mission,|||educ ation||||18,402|12,038|
|Major Church
repairs|||||||88,427|151 ,009|
|Major Parish Hall repairs|||||||II ,624||
|Honoraria
eg choir,|organists||||||13,356|10,134|
||||||||284,926|313,027|
|Support
costs|||||||||
|Governance
costs|||||||||
|Accountancy
and|ind||exam'n||||I ,992|8,228|
|Total resources
expended|||||||305, 116|334,006|
|Net income/(expenditure)||||before|gains|and|||
|losses|||||||468,037|(6,845)|
|Realised
recognised|||gains|and losses|||||
|Realised gains/(losses)||on fixed||asset|investments||180,268|(222,440)|
|Net
income/(expenditure)|||||||648,305|(229,285)|